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JulsSmile [24]
3 years ago
13

The mayor of NYC convinced the Rent Guidelines Board to approve a rent freeze. Landlords complained, but could not change it. Th

is is an example of the a. relationship of the firm to other economic agents. b. relationship of the firm to its competitors. c. relationship of the firm to the employee. d. relationship of the employee to the firm. e. relationship of the employee to the environment.
Business
1 answer:
marin [14]3 years ago
7 0

Relationship of the firm to other economic agents.

Explanation:

Economics is a branch of social science where it shows the relation between the firm as well as other economic agents. The economic agents can interact individually as well as in an aggregate way. An economic agent is referred to as decision maker that can effect the economy at the time of selling, producing, buying. The various examples of economic agents are firm, households, individuals as well as business.

In this context NYC is a firm and the rent guideline boards as well as the landlords are various economic agents. In this context a relationship is shown between the firm and the economic agents.  

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Celeste Nossiter borrowed $6200 from her father to buy a used car. She repaid him after 9 months, at an annual interest rate of
Pie

Answer:

$6,530.15

Explanation:

Calculation:

First, converting R percent to r a decimal

r = R/100

= 7.1%/100 = 0.071 per year.

Putting time into years for simplicity,

9 months / 12 months/year = 0.75 years.

Solving our equation:

A = 6200(1 + (0.071 × 0.75)) = 6530.15

A = $6,530.15

The total amount accrued, principal plus interest, from simple interest on a principal of $6,200.00 at a rate of 7.1% per year for 0.75 years (9 months) is $6,530.15.

3 0
3 years ago
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Chandler Tire Co. is trying to decide which one of two projects it should accept. Both projects have the same start-up costs. Pr
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Answer:

The second project should be chosen. Because the present value of the second project is greater than that of the first project.

Explanation:

The project that should be chosen can be determined by comparing the present value of both projects.

Present value is the cash flows from a project discounted at the discount rate.

Present value can be found using a financial calculator;

For project 1,

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For project 2,

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I hope my answer helps you

6 0
3 years ago
What job did drivers perform on large southern plantations?
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The occupation did drivers perform on vast southern ranches since they managed the work of slaves. On the off chance that slaves did not take after requests, they likewise rebuffed the slaves.

I hope the answer will help you. 
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To avoid libel charges, a journalist who is writing about a local government scandal should 
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producing more automobiles in the U.S.

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