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3 years ago

12. Assume there are 3.5 billion Internet users worldwide and 900 million of those are in Europe. What percentage of

Business

1 answer:

Archy [21]3 years ago

3 0

Answer:

The percentage of internet users that are in Europe is the 25,8%

Explanation:

The percentage of worldwide Internet users that are in Europe is obtained when calculating the following operations:

1. You must know what is the base or total figure you want to use to determine the share of an specific group contained in the total. In this case 3.5 Billion is the base figure you will use.

2. You want to know what is the figure with which you will determine the percentage share in this case is 900 million.

3. You replace the values in the following formula:

percentage share = (( Share Figure ) ) x 100

Base or total figure

percentage share = (( 900'000.000 ) ) x 100

3.500'000.000

percentage share = 0,2571 x 100

percentage share = 25,71 %

4. As you want to round your answer to one percentage place, then you round to ,71 to ,8 that is the next higher decimal number.

percentage share = 25,8%

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Foreign investors have preferred to invest in the united states except for which of the following reasons?

Solnce55 [7]

One of the main hinders of foreign investors on investing in the United States is that the U.S. is less stringent in regulating securities markets. This can be blamed on the rapid increase of trading volume competition which negates the market regulation.

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3 years ago

Alliance Company’s budgets production of 24,000 units in January and 28,000 units in the February. Each finished unit requires 4

anyanavicka [17]

Answer:

Budgeted material cost for January is $ 256,000

Explanation:

Computations

Raw materials requirement for January

Units to be produced in January 24,000 units

Raw material requirement for January at 4 pounds per unit 96,000 pounds

Raw materials requirement for February

Units to be produced in February 28,000 units

Raw material requirement for February at 4 pounds per unit 112,000 pounds

40 % of requirement of February to be available end January 44,800 pounds

Purchases for January

Closing Inventory+ Consumption -Opening Inventory

44,800 pounds + 96,000 pounds - 38,400 pounds = 102,400 pounds

Cost per pound $ 2,50 per pound = $ 256,000

4 0

3 years ago

Which of the following conditions ensures that excess profits cannot persist in a perfectly competitive market over the long run

konstantin123 [22]

Answer:

Ease of entry into the market

Explanation:

A perfect competition is characterised by many buyers and sellers of homogenous goods and services.

In the long run, perfect competition make zero economic profit because if firms are making economic profits in the short run , new firms would enter into the industry in the long run. This is made possible because of the ease of entry into the market.

I hope my answer helps you

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4 years ago

Given the following data on bond yields:

Alexandra [31]

Answer:

Explanation:

a) Confidence index=Yield on top-rated corporate bonds/ Yield on intermediate-grade corporate bonds

This year=9.3%/11.8%=0.788

Last Year=9.8%/11.3%=0.8673

b) From the calculations we can see that confidence index is decreasing from 0.8673 to 0.788.

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4 years ago

If the cross-price elasticity of demand between Good A and Good B is 3, the price of Good B increases, and the price elasticity

Morgarella [4.7K]

Answer:

We can expect to see a large change in the quantity demanded for Good A.

Explanation:

As the price change in the price of good B is inelastic, it is but clear that the price of good B would not show any fluctuations even if there is an increase or decrease in the demand for good B.
As the price of good B is not subject to decrease in the near future, it can be expected that the demand for good A would exhibit a sudden rise.

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4 years ago