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Tatiana [17]
3 years ago
15

Explain one impact on business of rising interest rates

Business
1 answer:
Tanya [424]3 years ago
8 0
The rising interest rates make it harder to start concrete businesses (worse loans) so an impact would be online businesses gaining popularity.
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Find the amount of money accrued at the end of 5 years when $5000 is deposited in a savings account drawing 5 1 4 % annual inter
Eduardwww [97]

Answer:

$6,424 .06

Explanation:

Present value (PV): $5,000

Rate: 5.14% per annual

Tenor: 5 years

The amount of money accrued at the end of 5 years is the future value (FV) of investment

FV = PV * (1+rate)^tenor

= $5,000 *(1+5.14%)^5

= $6,424 .06

8 0
3 years ago
Identical products, as well as a large number of buyers and sellers, are characteristics of aperfectly competitive market. In su
koban [17]

Answer: "In such markets, sellers of goods can influence the prevailing market price, giving them the role of price in the market." is wrong ,

The correct statement is "In such markets, sellers of goods CAN'T influence the prevailing market price, giving them the role of price TAKERS in the market".

"The market for tomatoes does not exhibit the two primary characteristics that define perfectly competitive markets." is FALSE because the market of tomatoes does exhibit the two characteristics:

  • Identical products.
  • Large number of buyers and sellers

8 0
3 years ago
Adam Smith believed that fair prices for goods are determined in a capitalist system:______ a) through competition between busin
Alexus [3.1K]

Answer:

The correct answer is A

Explanation:

Adam Smith is one of the first theorist who refer to the system of capitalism. Under this system, he asserts that when the person or an individual conduct or make a trade, they value what they bought more than they value what are exchanging for the commodity.

So, under this system, he believed that the fair as well as correct prices of the commodity or the goods will be determined through the competition among the businesses.

5 0
3 years ago
Why are executive chefs the highest level
IceJOKER [234]

Answer:

<h2>☆ <u>Hola</u>! <u>Friend</u>! ☆</h2>

<h3>■ The chef de cuisine, or executive chef is in charge of the entire kitchen.</h3>

<h3>■ This position is the highest rank in the kitchen hierarchy.</h3>

<h3>■ The sous chef is the second in charge and often training to become a head chef.</h3>

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8 0
2 years ago
Read 2 more answers
Marigold Company must decide whether to make or buy some of its components. The costs of producing 60,200 switches for its gener
dlinn [17]

Answer:

Instructions are listed below-

Explanation:

Giving the following information:

The costs of producing 60,200 switches for its generators are as follows:

Direct materials $29,500 (29,500/60,200= 0.49)

Variable overhead $45,600 (45600/60200=0.76)

Direct labor $25,900 (25900/60200= 0.43)

Fixed overhead $79,600 (79,600*0.25= 19,900)

Instead of making the switches at an average cost of $3.00 ($180,600 ÷ 60,200), the company has an opportunity to buy the switches at $2.74 per unit. If the company purchases the switches, all the variable costs and one-fourth of the fixed costs will be eliminated.

Make in house= (0.49 + 0.76 + 0.43)*60,200 + 19,900= $121,036

We only have into account 25% of fixed costs that are avoidable.

Outsource= 2.74*60,200= $164,948

It is cheaper to make in the house.

8 0
3 years ago
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