Answer:
A price ceiling is a government- or group-imposed price control, or limit, on how high a price is charged for a product, commodity, or service. Governments use price ceilings to protect consumers from conditions that could make commodities prohibitively expensive.
Answer:
Explanation:
Following things should be in mind for selecting the institute:
The university from which he is going to do his masters is somewhere connected to the technical line is better as he can learn management skills while also practicing on technical skills.
One can also keep in mind the distance of the college as it would add a expense on his pocket. it also saves time when the college is near.
The college should be under budget as it should not also over-budget for you.
The college should also be affiliated with any reputed university so as it would give the knowledge as well as exposure to one's career.
Let us see how many cars had both of these 2 extras; since there were 78 cars with air conditioning and 56 with airconditioning only, we get that there were 22 cars with both of these features (automatic transmission/ air conditioning). If we add the cars that had only AC and the cars that had only AT, as well as the cars that had both, we get all the cars that satisfy the described event. This is equal to 56+46+22=124. Thus, the probability is given by 124/136=91.2%.
We could also claim that since 12 of the cars do not have any of the features, any of the remaining 136-12 cars would have at least one feature; hence the probability would be given by (136-12)/136 and we have obviously the same result.
Answer:
4.76% and 0.5
Explanation:
The computation is shown below:
Average borrowing rate is
= Cost of debt capital ÷ (1 - tax rate)
= 3% ÷ (1 - 0.37)
= 4.76%
And, the market beta is
Cost of equity = Risk free rate of return + Beta × (Market risk premium - risk free rate of return)
5% = 2.5% + Beta × 5%
So, the beta is 0.5
The (Market risk premium - risk free rate of return) is also known as market risk premium