Answer:
Low price
Explanation:
Tampa tribune dominant strategy is low price. If the company keeps its prices high it can get maximum revenue of $88 whereas if the company keeps its prices low it can make maximum revenue of $120. The difference of $32 is gained when the prices are kept and this is dominant strategy for Tampa Tribune.
Answer:
Explanation:
Solution-
According to Senator Jones, the elasticity of taxable income is larger, which means that due to a certain percentage rise in taxes, the taxable income rises by a greater percentage. Also, according to Senator Smith, the elasticity of taxable income is small, which means that due to a certain percentage rise in taxes, the taxable income rises by a smaller percentage.
(I) Under Senator Jones assumptions, due to rise in taxes, the taxable income has risen considerably as compared to Senator Smith assumptions. Thus the estimates of additional revenue from the tax increase will be larger under Senator Jones assumptions, compared to Smith's assumptions.
(ii) Since under Senator Jones assumptions, elasticity of taxable income is large. So due to rise in taxes, there is a significant proportional rise in taxable income under Jone's assumptions compared to Senator Smith assumptions. Thus the costs of the tax increase is borne more under Senator Jones assumptions , compared to Smith's assumptions.
Answer:
The correct option is (B) $365,530.
Explanation:
In this problem we need to determine the future value, i.e. the amount at the retirement age.
The formula to commute the future value is:
![\\ FV=A[\frac{(1+r)^{n}-1}{r}]](https://tex.z-dn.net/?f=%5C%5C%20FV%3DA%5B%5Cfrac%7B%281%2Br%29%5E%7Bn%7D-1%7D%7Br%7D%5D)
Here,
A = annual investment = $5,000
r = interest rate = 8%
n = number of periods = 25
The future value is:
![\\ FV=A[\frac{(1+r)^{n}-1}{r}]\\=5000\times[\frac{(1+0.08)^{25}-1}{0.08}]\\=365529.699\\\approx365530](https://tex.z-dn.net/?f=%5C%5C%20FV%3DA%5B%5Cfrac%7B%281%2Br%29%5E%7Bn%7D-1%7D%7Br%7D%5D%5C%5C%3D5000%5Ctimes%5B%5Cfrac%7B%281%2B0.08%29%5E%7B25%7D-1%7D%7B0.08%7D%5D%5C%5C%3D365529.699%5C%5C%5Capprox365530)
Thus, the amount of money the engineer will have in the account at retirement is $365,530.
The process of preventing exceptions from causing runtime errors is called exception handling.
This type of handling deals with exceptions in particular, which are all anomalies that will prevent the computer from doing its usual job. So those exceptions will be handled even before they get the chance to cause errors which will disturb the operations that the computer is carrying out.
Answer:
D. All of the above
Explanation:
Temporary investments are investments carried out by owners of funds that wants to earn interest from their excess funds that is only available for a short term. The owners of such fund prefer to earn little interest by investing in near cash or cash equivalent investment instead of leaving his fund in an interest-free condition. Example of temporary investment is certificate of deposit and some fixed deposits instrument available for the short term.
Temporary investments are reported as current assets in the balance sheet of a business.
