2 years ago

When determining the production possibilities curve

1 answer:

4 0

<span>So when we are determining the production possibilities curve, the amount of productive resource remain constant or at least an assumption is made that the amount of resources is fixed while deriving the curve. This is done that way because to avoid fluctuations in the curve while analyzing the curve.</span>

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The demand for cable television is relatively elastic, because if the price gets too high, people will rent dvds or videos inste

elena-s [515]

The answer is the producer

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3 years ago

Read 2 more answers

If a firm sells on terms of 2/10, net 30 days, and its DSO is 28 days, then the fact that the 28-day DSO is less than the 30-day

mart [117]

Answer:

False

Explanation:

If a firm sells on terms of 2/10, net 30 days, and its DSO is 28 days, then the fact that the 28-day DSO is less than the 30-day credit period tell us that the credit department is functioning efficiently and there are no past due accounts. This is a false statement.

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2 years ago

If Treasury bills are currently paying 5.2 percent and the inflation rate is 2.7 percent, what is the approximate real rate of i

Alexxandr [17]

Answer:

2.43 %

Explanation :

Real Interest rate = (1 + nominal rate) / (1 + inflation rate) - 1

therefore,

Real Interest rate = 1.052 / 1.027 - 1

= 2.43 %

the approximate real rate of interest is 2.43 %

3 0

2 years ago

A marketing company wants to estimate the proportion of consumers in a certain region of the country who would react favorably t

Sindrei [870]

The closest to the minimum number of consumers needed to obtain the estimate with the desired precision is (b) 271

Explanation:

When the prior estimate of population proportion is not given , then the formula to find the sample size is given by :-

$n=0.25(\frac{z^{*} }{E} )^{2}$

where E = Margin of error.

z* = Critical z-value.

As per given , we have

E = 5%=0.05

Confidence level = 90%

The critical value of z at 90% is 1.645 (By z-table)

Put all values in the formula , we get

n=0.25(1.645/0.05)²

n=0.25(32.9)²

n=270.6025≈271

Thus, the minimum sample size needed = 271

Hence , the correct answer is 271 .

8 0

3 years ago

On june 8, alton co. issued an $90,000, 6%, 120-day note payable to seller co. assuming a 360-day year for your calculations, wh

Firlakuza [10]

Maturity Value = Principal x ( 1 + Rate x Time )
Here is:
Principal = $90,000
Rate = 6% = .06
Time = 120 / 360
Maturity value = $90,000 x ( 1 + .06 x 120/360 ) =
= $90,000 x ( 1 + .02 ) =
= $90,000 x 1.02 = $91,800
Answer: c. $91,800

8 0

2 years ago