Answer:
Option (b) is correct.
Explanation:
The law of demand states that there is a negative relationship between the price of the product and the quantity demanded for the product. This means that as the price of ski lift tickets increases then as a result the quantity demanded for ski tickets decreases. Alternatively, if there is a fall in the price of ski tickets then as a result the quantity demanded for sky tickets increases.
Answer:
Range is : (0, 0.1x)
Explanation:
Problem has no information about amount of salary, so I will just use 'x' and 'y'.
Problem says that vehicle payment should be no more than 10% of gross monthly salary. This means that vehicle payment (Y) equals to 0.1 (10%) multiplied by gross monthly salary, which is stated as 'X'.
From this y = 0.1 X;
Next, if we want to identify range of payments: (0; 0.1X).
This means that any amount of money between 0 and 0.1X is acceptable.
Answer:
0.11%
Explanation:
Given that
Earning before interest and tax = $560,000
Interest = $336,000
The computation of company's return on equity is shown below:-
So, the Earning before tax
= $560,000 - $336,000
= $224,000
Tax = $224,000 × 30%
= $67,200
Earnings after interest and taxes = Earning before tax - Tax
= $224,000 - $67,200
= $156,800
Asset turnover ratio = total revenue ÷ total assets
3.4 = $8,000,000 ÷ total assets
Total assets = 2,352,941.18
Equity ratio = 1 - debt ratio
= 1 - 0.40
= 0.60
Total Equity = equity ratio × total assets
= 0.60 × 2,352,941.18
= 1,411,764.71
Return on Equity = Net income ÷ Equity
= $156,800 ÷ 1,411,764.71
= 0.11%
Answer:
These are the answer choices for the question:
A. Cooperation between governments and citizens
B. Commitment to maintaining long-standing customs
C. Corruption in the leadership of powerful groups
D. Competition between different businesses
And this is the correct answer choice:
B. Commitment to maintaining long-standing customs
Explanation:
Traditional economies are economies that have not yet industrialized, that tend to be small-scale, and that give great weight to traditions when taking economic decisions, precisely.
Examples of traditional economies can be seen in nomadic, semi-nomadic, and pastoralist peoples, who often lack enough economic complexity to become large populations with complex poltiical and economic institutions.
In these societies, economic decisions may be guided more by the insight of a leader, than by economic rationality per se, as long as the bare minimum needs for survival are met beforehand.
The correct explanation is option (a), "short selling stock-index futures contracts".
<h3>What is short selling stock-index futures contracts?</h3>
When you buy a futures contract to "short sell," you are doing so with the intention of selling it later at a lower (ideally) price. Unlike the stock market, there is no requirement for financing.
The working of short selling stock-index future contracts is-
- The concept is to obtain anything you don't already own on loan, sell it, and then return it.
- Even though you will now receive the funds, you still owe the money you borrowed.
- You eventually have to return it.
- You make money if you can later purchase it for a lower price.
The future contract can be shorted by-
- By locking in a price through the directional hedge known as shorting the basis, any asset price changes are effectively eliminated until the futures contract expires.
- When shorting the basis, a long hedger prefers a narrowing in the basis.
To know more about the futures in contract, here
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