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wolverine [178]
3 years ago
5

Type the correct answer in the box. Spell all words correctly. Over the last decade, George’s company has been intentionally red

ucing its business in budget phones. His company is making a conscious effort to only sell smartphones, because these are more profitable than budget phones. Which kind of economic system is George’s company reacting to? George’s company is reacting to the economic system.
Business
1 answer:
PtichkaEL [24]3 years ago
6 0

George’s company is reacting to the <u>Market  economic system.</u>

Explanation:

  • In a <u> Market Economy system </u>the organizations are run by the people.People determine how the economy runs,how supply are generated and how demands are met.
  • <u>The Market Economy System </u> relies/depends upon the consumption choices of the customer.
  • Supply and demand of the product has a great impact on this economy
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Answer:

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Dennis will choose<em> Taxable bonds </em>because it gives higher post-tax interest rate of 7.80% as against 7.50% on  municipal bonds.

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Let x% represent the expected tax rate.

=x% * 10%=7.50%

=10x%=7.50%

Divide both side by 10

=x%=7.5/10=0.75

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At 25% tax rate, Dennis would be indifferent between the bonds.

Explanation:

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3 years ago
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I hope my answer helps you.

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4 years ago
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ad-work [718]

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