Answer:
To ,
The Concern specialists/Editor/Citizens
Subject: To Generate Cash for social assistance right now tempest and debacle .
Dear partners ,
We are confronting an incredible test to loss of our home and harms to our infrastructural improvement . As, I am another business visionary . I wish to contribute cash to greatest individuals with the goal that they can fix their home. This can not be conceivable without your important commitment and backing. I demand each resident , understudies, clients of treats, specialists and so forth to contribute wilfully at all you wish to do right now cause and at the hour of crisis.
Looking for your gifts and an important commitment.
Yours Sincerely,
SALLY
Proprietor AND SOLE PROPRIETOR
CALIFORNIA COOKIES
USA
Answer:
3) The only bank in a small town
Explanation:
By definition a monopoly occurs when there is only one supplier in the market for a specific good or service. In this case, if there is only one bank that works in a small town, then that bank has a monopoly of all the town's residents that require banking services. If any resident doesn't like that specific bank, they need to go to another town in search for banking services.
Answer:
The correct answer is c) 3.7
.
Explanation:
The first thing we should do is calculate inflation: (2.40 - 2.37) / 2.37 = 1.3
Inflation Rate = 1.3
2.) Calculate the real interest rate
Real interest rate = nominal interest rate - inflation rate
5 - 1.3 = 3.7
3.7 is the real interest rate
Answer:
Break-even point (dollars)= $2,218,919
Explanation:
Giving the following information:
Fixed costs= $821,000
Variable costs rate= 63%
<u>If the variable cost rate is 63%, then the contribution margin rate is:</u>
Contribution margin ratio= 1 - 0.63
Contribution margin ratio= 0.37
<u>Now, the break-even point in sales revenue:</u>
Break-even point (dollars)= fixed costs/ contribution margin ratio
Break-even point (dollars)= 821,000 / 0.37
Break-even point (dollars)= $2,218,919
