Answer:
adjust for purchasing power and conditions existing in the local market
Explanation:
the concept of Equity theory describes how resources can be distributed in a fair manner in comparison to others. Sophia has to adjust for what the money she receives can buy her and the prevailing conditions in the market in her own area. This is because in this theory, pay scale is affected by the purchasing power and condition of the market in whatever area that a person lives.
Answer: Its average total cost will decrease as production increases
Explanation: Variable cost will decrease as a result of economies of scale, therefore the cost/unit or average total cost will decrease.
Answer:
maturity risk premium = 1.23 %
Explanation:
given data
currently earns = 5.13 %
real interest rate = 2.15 %
inflation premium = 1.75 %
solution
we get here maturity risk premium that is express as
maturity risk premium = currently earning - real interest rate - inflation premium .................1
put here value and we get
maturity risk premium = 5.13 % - 2.15 % - 1.75 %
maturity risk premium = 1.23 %
Answer:
Consumer Surplus
Explanation:
Consumer Surplus occurs when a expensive item is available at a discounted price in the market. The difference in price charged by the market and the discounted price of the similar product is customer surplus. In this question, the consumer surplus is:
Customer Surplus = $50 average price in the market - $40 Discounted Price
Customer Surplus = $10
Answer:
Proportion of customers served in under 11 minutes = 0.8401
Explanation:
Please the solution attached .
