1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
vladimir2022 [97]
3 years ago
13

An investment counselor calls with a hot stock tip. He believes that if the economy remains​ strong, the investment will result

in a profit of ​$60000. If the economy grows at a moderate​ pace, the investment will result in a profit of ​$10000. ​However, if the economy goes into​ recession, the investment will result in a loss of ​$60000. You contact an economist who believes there is a 30​% probability the economy will remain​ strong, a 60​% probability the economy will grow at a moderate​ pace, and a 10​% probability the economy will slip into recession. What is the expected profit from this​ investment?
Business
1 answer:
zmey [24]3 years ago
3 0

Answer:

Expected profit = $18,000

Explanation:

<em>The expected profit is the weighted average of all the possible profits associated with the different possible outcome weighted according to the probability</em>

Outcome              Profit         Probability      Prob ×  Profit

Strong            60,000    ×  30%          =    18,000

Growth              10,000    ×   60%        =    6,000

Recession       (60,000)   ×   10%        =     (6000)

Expected profit = 18,000 + 6000 + (6000) = $18,000

Expected profit = $18,000

You might be interested in
Active/passive she is watering the plants​
Alja [10]

Answer:

active

Explanation:

she "is" means she is currently watering the plants. if it was passive it would have been like this, "she watered the plants".

4 0
3 years ago
How do you register partnerships firm in Nepal?​
koban [17]

<em><u>answer</u></em>

Procedure for Registering a Partnership Firm

Step 1: Application for Registration. An application form has to be filed to the Registrar of Firms of the State in which the firm is situated along with prescribed fees. ...

Step 2: Selection of Name of the Partnership Firm. ...

Step 3: Certificate of Registration

6 0
3 years ago
Read 2 more answers
Complete each statement with the term that correctly defines.
Mashcka [7]

Answer:

a. Outperform.

b. Gatekeepers.

c. Leveraging.

d. Value creation.

e. Producer.

Explanation:

A platform can be defined as a type of business model that creates value or focuses on assisting participants by facilitating exchanges and interactions between two or more interdependent groups of participants, who are mostly consumers and producers of finished goods and services.

This simply means that, a platform usually creates an effective and efficient market or community network with needed resources, for better interaction and transaction among various participants. Some examples of a platform business are brainly, airbnb, apple, microsoft, uber etc.

The notable characteristics and advantages of a platform business are;

a. Platform businesses tend to frequently outperform pipeline businesses.

b. Platforms scale more efficiently than pipelines by eliminating gatekeepers.

c. Platform businesses leveraging digital technology can grow much faster.

d. Platforms unlock new sources of value creation and supply.

e. Feedback loops from consumers to the producers allow platforms to fine-tune their offerings and to benefit from big data analytics.

5 0
2 years ago
Which of the following items is not a temporary difference? A. Vacation pay accrued for tax purposes in a prior period is deduct
Black_prince [1.1K]

Answer: the correct answer is B. Tax depreciation for the period exceeds book depreciation.

3 0
3 years ago
Give examples of how we do not recognize people as having these rights but make them conditional on success in the marketplace.
Helen [10]

Answer:

Thomas Edison

Explanation:

Thomas Edison early life was very normal. He was born in a poor family. His mother was a school teacher. Thomas Edison did not get recognition until he was successful in inventing the bulb. He did many experiment which failed and no one supported him during this era. He continued his hard work and finally his one of experiment became successful and he invented a bulb. The world then recognized his efforts and made him a hero. His recognition was only based on the success of his experiment and the marketplace.

3 0
2 years ago
Other questions:
  • Which of the following should occur when assessing a safety and Heath programs effective A) enforce safe work practices B) inter
    12·1 answer
  • In the old south, hovland and sears found that as the economy grew worse, the number of lynchings of black men increased. this i
    9·1 answer
  • Antonio and Dina are debating the use of student discounts by local theaters near school. Antonio argues, "When theaters offer d
    11·1 answer
  • The best description of a strong leader is someone who?
    12·2 answers
  • A share of common stock is not a derivative, but an option to buy the stock is a derivative because the value of the option is d
    14·1 answer
  • XYZ Confectionary has a number of store locations throughout North America. In income statements segmented by store, which of th
    14·1 answer
  • . In 2000, KFC® and A&amp;W® restaurants successfully merged because each had a strong
    15·1 answer
  • According to Gardner, intelligence can be measure by a person having
    14·2 answers
  • beverly would like to take action to improve interprofessopmal communication among staff members. To be a successful agent of ch
    9·1 answer
  • For kodak film inc. , the advent of digital technology can best be described as what type of innovation?.
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!