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Rasek [7]
2 years ago
11

When the supply curve in the Sudanese slave trade is perfectly ________, every slave bought by the redeemers results in/is _____

___ held in captivity.
Business
1 answer:
Mamont248 [21]2 years ago
3 0

Answer:

B) inelastic; one less slave

Explanation:

Since in the question it is given that the supply curve in the Sudanese slave trade should be perfectly inelastic and every slave purchased by redeemers that determines that it should be one less slave held in captivity

Therefore in the given case it should be inelastic and one less slave

hence, the correct option is B

Also inelastic means less than one

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What is the size of the payments that must be deposited at the beginning of each 6-month period in an account that pays 8.6%, co
Burka [1]

Answer:

The answer is $86,167.57 (to 2 decimal places)

Explanation:

In this question, we are to calculate the present value of a certain amount that is compounded semiannually, and after 10 years, yields a future value of $200,000. To calculate this, we will use the formula for calculating present value as follows:

PV = FV ÷ (1+\frac{r}{n})^{n*t}

where:

PV = present value = ???

FV = future value = $200,000

r = interest rate in decimal = 8.6% = 0.086

n = compounding period pr year = semiannually = 2

t = time of compounding in years = 10

Therefore,

PV = 200,000 ÷ (1+\frac{0.086}{2})^{2*10}

PV = 200,000 ÷ (1.043)^{20} = $86,167.57

3 0
2 years ago
Lantz Company has provided the following information: • Cash sales totaled $255,000. • Credit sales totaled $479,000. • Cash col
NNADVOKAT [17]

Answer:

The amount of Lantz's operating revenue is $734,000

Explanation:

The computation of the operating revenue is shown below:

= Total cash sales + Total credit sales

= $255,000 + $479,000

= $734,000

Since we have to compute the operating revenue, so we considered only revenue part not expenses part

The other information which is mentioned in the question is not being considered because it is related to the operating expenses. So, ignored it.

3 0
2 years ago
Eurocurrency is the euro, the common currency of Europe. is a time deposit of money in an international bank located in a countr
Leona [35]

Answer:

is a time deposit of money in an international bank located in a country different from the country that issued the currency.

Explanation:

In economics or financial accounting, money can be defined as any asset used by an individual or business entity to make purchases of goods and services at a specific period of time.

Simply stated, money refers to any asset which can be used to purchase goods and services by customers.

This ultimately implies that, money is any recognized economic unit that is generally accepted as a medium of exchange for goods and services, as well as repayment of debts such as loans, taxes across the world.

Additionally, the rate at which an asset can be used to purchase any goods or services refers to its liquidity. Thus, liquidity is a quality or characteristics of money as a medium of exchange. Therefore, money is a generally accepted medium of exchange around the world.

The three (3) main functions of money all over the world are;

I. Medium of exchange.

II. Unit of account.

III. Store of value.

The European System of Central Banks (ESCB) which was established under the Treaty on European Union (TEU).

It comprises of the European Central Bank (ECB) and the national central banks of all the 27 European Union (EU) member states, irrespective of adopting the Euro (£) or not. This has helped the European Union (EU) member states to achieve tight corporations and memorandum of understanding (MOUs) such as TARGET2 (single payment system).

Eurocurrency is a time deposit of money in an international bank located in a country different from the country that issued the currency.

3 0
2 years ago
Assume that you are a male salesperson. What advice does the text give you about the length of your hair? a. Wear your hair long
Semenov [28]

Explanation:

The appearance of a Salesperson goes a long way in subtly or otherwise telling the customer how professional the salesperson is and how much customers are probably believe in the product on sale.

So, the advice the text should give is that "Wear your hair short to suggest a conservative, professional, and business-like approach."..

5 0
2 years ago
The primary result of a stock split or stock dividend is: Group of answer choices an increase in the number of common shares out
lesya692 [45]

Answer:

an increase in the number of common shares outstanding

Explanation:

A stock split is when a company increases the number of its shares outstanding.

for example if a company has 10 million shares outstanding at a price of $20, earning per share is $10 and dividend per share is $0.50. this company announces a 2 for 1 split :

the number of outstanding shares becomes 2 x 10 million = 20 million

stock price becomes = $40 / 2 =$20

earning per share = $10 / 2 = $5

dividend per share = $0.5 / 2 = $0.25

p/e before split = $40 / $10 = 4

P/E after split = $20 / $5 = 4

so stock per share, earning per share and dividend per share decreases. P / E remains unchanged

3 0
3 years ago
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