Answer:
The monthly payment on the loan = $732.64
The monthly payment gotten from the building = $4000
it is a very smart business decision because the monthly revenue gotten from the rent is greater than the monthly payments made to service the loan.
Explanation:
Bank loan taken = $250000
Interest on loan = 5.5%
loan duration = 30 years = 360 months
Total money to be paid back = 5.5% of $250000 + $250000
= 0.055 * 250000 + 250000
= 13750 + 250000 = $263750
Monthly payment on loan = $263750/360 = $732.64
Number of apartment units = 8
amount paid by one apartment unit per month = $500
total amount paid by the apartments tenants monthly = $500 * 8 = $4000
Promotion mix
<h2>What is Promotion mix?</h2>
By using the goal rate of return on investment, or what the company anticipates from the venture's investments, the firm sets the price for a product or service. The rate of return pricing helps the business generate the necessary amount of profit to keep its liquidity. The price is set so that if sales continue to grow at the rate they are now, the ultimate objective of creating corporate profit is achieved.
<h3>What is the objective of Promotion mix?</h3>
- To inform potential customers about the features, availability, and applications of items.
- To increase demand, clients' awareness and interest must be raised.
- To set a product apart from rival products by fostering brand loyalty.
- To maintain sales by emphasizing the usefulness of the product.
Promotion has often been the target of criticism. Some opine that “promotion contributes nothing to society”, and for some others “promotion forces consumers to buy products they cannot afford and do not need”, and so on. It may be true that promotion can certainly be criticized on many of its aggressive and compelling factors. But it should also be recognized that it plays a crucial role in modern society, particularly in business, economic and social spheres of influence.
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Answer:
Role of interviewer during interview, Two interview questions relevant to any vacancies -
Explanation:
Two important questions
- Introduce yourself : This helps analysing the core personality traits of the candidate, which highlights his suitability or non suitability for the job
- Why do you want to perform this job : This will help in analysing the depth of dedication the candidate has for the work profile, which would hence depict is expected level of hard work & sincerity.
Role of Interviewer :
- Analysing the candidate's personal & professional traits, which are of significance to the job performance
- Explaining the candidate about their organisation, its rules & norms, his expected work profile authority & responsibility etc
Answer:
The correct answer is letter "C": the sum of private and external costs.
Explanation:
<em>Neoclassical economics</em> -based on supply and demand as market drivers- define the social costs of transactions as the sum of private costs inherent in the operation and the costs consumers set because of being exposed to the transaction or the external costs. This cost differs from the <em>private costs</em> which are the expenditures a producer incurs in the production of a good or service.
Answer:
Edison cannot change the number of ovens he uses because it is fixed resources.
Explanation:
However, Edison's decision regarding how many workers to use can vary from week to week.
Each Monday, Edison lets them know how many workers he needs for each day of the week.
In the short run, these workers are variable resources, and the ovens are fixed resources.
