Answer:
Amount after 5 year will be $1074.5
Explanation:
We have given principal amount P = $600
Time t = 5 year
Rate of interest r = 12%
It is given that amount is compounded semiannually
So time period = 5×2 = 10 period
And rate of interest semiannually will be %
We have to find future value after 5 year
Future value is given by
So
So amount after 5 year will be $1074.5
A song that numerous people sing the exact same melody but begins at different times is called a round or a perpetual or infinite canon. It is said to be the easiest forms of part singing as the melody is performed by different voices. This kind of act is present at glee clubs in 1989.
Answer:
A. : Command System
B. : Market System
C:-Fair system
Explanation:
Explanation for A.
In a command system, no individuals own any form of resources in the country. Every single resources in that country owned by the government.
The government also determine the type of jobs that people could have along with the type of products that they have to produce mutually.
People under the command system will have no freedom to pursue their own economic interest. They have to obey whatever the government decided for them.
Explanation for B.
Market system give freedom to the citizens to pursue their own economic interest. But, the government still play a role as a regulator. (to ensure that the citizens play fairly and keep the citizens safe)
In this system the government will impose tax to the people that will be used to fund government programs. This fund is what being used to pay for public libraries, schools, and welfare programs.
Explanation for C.
In Laize-fair system, the people are given freedom to pursue their economic interest without government restrictions. Government's role is limited to providing safety from another country.
There will be no regulations for safe materials, safe working environment, labors protection, etc.
Answer:
New technology allows firms to produce at a lower cost. As a result, as firms adopt a new technology, their cost curves shift downward. Market supply increases, and the market supply curve shifts rightward. With a given demand, the quantity produced increases and the price falls.
Answer:
The correct answer is option C.
Explanation:
There are a large number of small firms in the textile industry. Some of these firms have incurred losses and left the industry. This caused the number of suppliers in the industry to decrease.
The overall production and market supply decline as well. This further causes the market supply curve to shift to the left. This leftward shift in the supply curve will cause the price level to increase as the new supply curve intersects the demand curve at a higher point.
The equilibrium quantity in the market will decline.