Answer:
The key economic idea being exemplified is c) People are rational
Explanation:
The economists’ assumption is that firms and consumers utilize all available information to attain their goals and weigh all costs and benefits of each action taken. Moreover, firms and consumers only choose an action if the benefits exceeds the costs. Therefore, the action of manufacturing firms to move their operations from overseas back to the US due to the increased preference for US manufactured goods exemplifies that consumers and firms rely on all available information when pursuing their goals.
The premium would be 5%
If a portfolio had a return of 11 the risk-free asset return was 6, and the standard deviation of the portfolios excess returns was 25 the premium would be 5%
Portfolio return = 11%
Risk free rate = 6%
Risk premium = Portfolio return - Risk free rate
= 11% - 6% =5%
So, the premium would be 5%
Premium is an amount paid periodically to the insurer by means of the insured for overlaying his chance.
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Answer:
a. 1.51 containers
b. Fewer
Explanation:
The computations are shown below:
a. The number of containers would be
= Annual demand × time × (1 + inefficiency factor) ÷ holding pieces
= 70 × 0.75 × (1 + 0.15) ÷ 40
= 1.51 containers
The time is converted from minutes to hour i.e 45 minutes ÷ 60 minutes = 0.75
b. If the system improves, the fewer containers are required i.e 2 containers approximate because inefficiency factor got decreased
Answer:
7 packets of sweet-pepper seeds and 9 packet of hot-pepper seeds.
Explanation:
Let x packets of sweet-pepper seeds for $2.16 each and y packets of hot-pepper seeds for $4.24 each are mixed to obtain 16-packet mixed pepper assortment for $3.33 per packet,
i.e. x + y = 16 ..........(1)
Also,
The price of sweet-pepper seeds + price of hot pepper seeds = price of the mixture
⇒ 2.16x + 4.24y = 3.33(x+y)
⇒ 2.16x + 4.24y = 3.33x+3.33y
⇒ 2.16x + 4.24y - 3.33x-3.33y = 0
⇒ −1.17x +0.91y = 0 ........(2)
Equation (2) + 1.17 × equation (1)
0.91y + 1.17y = 18.72
2.08y = 18.72
⇒ y = 9
From equation (1),
x + 9 = 16 ⇒ x = 16 - 9 ⇒ x = 7
Hence, there are 7 packets of sweet-pepper seeds and 9 packet of hot-pepper seeds.
In some states, judges have cited equality, a value shared by most Americans, in arguing against funding disparities between school districts created by a reliance upon property taxes in education.
The basis of equality thinking was laid by French philosophers such as Voltaire, Rousseau and Denis Diderot. The foundation of egalitarianism can be found in the American Declaration of Independence, which was largely drafted by Thomas Jefferson and which was adopted by representatives of the then 13 British colonies on the American East Coast on July 4, 1776.
Traditional equality thinking is characterized by being equal not only in their rights, but also in their opportunities, rights to opportunities in education and work and all other areas of economic and social life.
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