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gulaghasi [49]
3 years ago
15

Price is a concept relating to how post-deregulation transportation firms determine and impose charges for their services. which

is a distinguishing feature of this concept of price?
a. the amount found in a tariff book as payment to a carrier for performing a transport service
b. a lawful charge imposed by a carrier on a commodity movement
c. a value or level that is determined based on prevailing market forces
d. a charge determined primarily by considering a carrier's costs only
Business
1 answer:
Gnoma [55]3 years ago
8 0

Answer:

The correct answer is option c.

Explanation:

The price of a product is the value of the product that is determined in the market through the working of the market forces. After deregulation, the price of any product or service such as transportation is determined in the market.

It is determined by the interaction of the demand for transportation and the supply of transportation.

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55.The manager of Bonzai's Boutique has approved Carla's application for credit. The maximum payment that has been approved is $
rosijanka [135]

Answer:

$1,916.2

Explanation:

A fix Payment for a specified period of time is called annuity. The discounting of these payment on a specified rate is known as present value of annuity. In this question the payment of $95 per month for 24 months at APR of 16% is an annuity.

Formula for Present value of annuity is as follow

PV of annuity = P x [ ( 1- ( 1+ r )^-n ) / r ]

Where P = Annual payment = $95

First, Calculate the effective rate

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r = rate of return = 17.2% annual = 17.2% / 12 = 1.44% per month

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Placing value in the Formula

PV of annuity = $95 x [ ( 1- ( 1+ 1.44% )^-24 ) / 1.44% ]

PV of Annuity = $1,916.2

8 0
3 years ago
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