Answer: Monopolistic competition
Explanation:
Monopolistic competition is described as a competition between firms where they offer similar services but not the same or exact services. This competition is seen in industries where differentiation is possible, example of such industries are restaurant, hairdressers, clothing, TV programs.
Answer:
Total FV= $2,555,406.98
Explanation:
Giving the following information:
Investment 1:
Monthly deposit= $300
Number of months= 12*45= 540
Interest rate= 0.09/21= 0.0075
Investment 2:
Monthly deposit= $500
Number of months= 12*20= 240
Interest rate= 0.09/21= 0.0075
To calculate the future value, we need to use the following formula on each investment. <u>I separated into two to simplify calculations.</u>
FV= {A*[(1+i)^n-1]}/i
A= monthly deposit
<u>Investment 1:</u>
FV= {300*[(1.0075^540) - 1]} / 0.0075
FV= $2,221,463.54
<u>Investment 2:</u>
FV= {500*[(1.0075^240) - 1]} / 0.0075
FV= $333,943.44
Total FV= $2,555,406.98
Answer:
Option (b) is correct.
Explanation:
Sale value of the merchandise = $74,900
Sales tax liability = $74,900 × (7% ÷ 107%)
= $4,900
Sale value prior to sales tax = $74,900 - $4,900
= $70,000
Sales tax @7% on $70,000 = $4,900
Hope the above calculation will clear the concept since the question clearly mention that
Calhoun Crockery sold merchandise; the total proceeds collected, including a 7% sales tax, amounted to $74,900.
This $74,900 includes 7% tax also it means that the collected proceed is 100% + 7% = 107%
which includes 7% tax liability.
Answer:
Organizing
Explanation:
Organizing is the most important role in any organization as it defines that the work is distributed among employees so that the target can be achieved timely. Also during the organizing process the supervisor coordinates with their employees.
Therefore the correct answer is organizing as it includes the task which has been created and authority relationship.
False, the demand curve is derived from a demand schedule.
The demand curve<span> is a graphical representation depicting the relationship between a commodity's </span>different<span> price levels and quantities which consumers are willing to buy. The </span>curve<span> can be derived from a </span>demand schedule<span>, which is essentially a table view of the price and quantity pairings that comprise the </span>demand curve<span>.</span>
