__________ unemployment refers to persons who purposefully quit their jobs and have not yet found a new job.

A friend wants to borrow money from you. He stated that he will pay you $2500 every 6 months for 7 years with the first payments

scoundrel [369]

Answer:

The value of the payments today is $35.00.

Explanation:

The Value of Payments today is known as the Present Value (PV) and is calculated as follows :

Pmt = - $2,500

P/yr = 2

n = 7 × 2 = 14

Fv = 0

Pv = ?

Using a Financial Calculator, the Present Value (PV) of the payments would be $35.00

4 0

3 years ago

A firm sells two products, Regular and Ultra. For every unit of Regular the firm sells, two units of Ultra are sold. The firm's

Umnica [9.8K]

Answer:

break even rate = $31000

ultra break even point = $62000

Explanation:

given data

total fixed costs = $1,612,000

solution

WE FIND HERE FIRST contribution margin that is

contribution margin for regular per unit = $20 - $8

contribution margin = $12

and

contribution margin for ultra = $24 - $ 4

contribution margin for ultra = $20

so if 1 unit of regular is sold

2 unit of ultra will sold here

so

contribution margin is here

contribution margin = ( $12 × 1 )+ ( $12 × 2 )

contribution margin = $52

and

break even point at commposite rate = total fix cost ÷ contribution margin rate at commposite rate

so

break even rate = $\frac{1612000}{52}$

break even rate = $31000

and

ultra break even point = 31000 × 2

ultra break even point = $62000

4 0

3 years ago

How does Wikipedia work? What is different about this operation from other encyclopedias?

Eddi Din [679]

It is different because people actually have the option of correcting the information or putting false things too.

7 0

3 years ago

Read 2 more answers

A good with many close substitutes is likely to have relatively ___________(elastic,inelastic) demand, since consumers can easil

butalik [34]

Answer:

Elastic demand

A heart valve

Explanation:

A good with many close substitutes will have a highly elastic demand. This is because an increase in the price of the good will causes the consumers to purchase one of its cheaper substitutes.

If both a diamond necklace and a heart valve for heart attack victims are priced the same, the price elasticity for the heart valve will be lower. This is because the diamond necklace is a luxury good but the heart valve is necessary for the survival of the victim.

6 0

2 years ago

Phil enters into a contract with Quality Resorts, Inc., to work as a chef. Under the plain meaning rule, the meaning of this con

icang [17]

Answer:

"The face of the instrument"

Explanation:

This is a legal phrase which means the contract (aka the "instrument") must be read "on its face." Basically, you should put everything you want the contract to say in plain language and the parties are only held to the plain, common understanding of exactly what is written down.

The idea is that no party can go back and say that something else is expected or implied from the contract unless it is actually written down.

7 0

3 years ago