A. The total cost of commuting from any given distance to work will reduce because the indirect cost of the commute will fall.
B. The total cost of commuting from any given distance to work will increase because the indirect cost of the commute will rise.
C. The total cost of commuting from any given distance to work will reduce because the direct cost of the train ticket will fall.
D. The total cost of commuting from any given distance to work will increase because the direct cost of the train ticket will rise
Answer:
A. The total cost of commuting from any given distance to work will reduce because the indirect cost of the commute will fall
Explanation:
Technological advances in wireless communication technology, would reduce the indirect cost of long commutes from any given distance which would cause a reduction in the total cost of commuting, as a function of the effect of geographic area of cities. Direct cost of train ticket would not be affected as the efficiency of the services that train and car riders would offer would increase, as well as the satisfaction they would also enjoy from such technological advances.
Answer:
B. they involve the use of expert judgement do develop forecasts
Explanation:
A time series is a series of events that is spaced equally in time. It is a statistical technique used to identify a time based trend of events and them make forecast using data from the trend/time series.
Time series requires certain processes which include discovering of a pattern in the historical data, projection of the historical data into the future, assumption that the pattern will remain the same(constant) as the time goes by, etc.
In time series method, since historical data is the point of reference for making a forecast, no expert judgements is required to develop forecasts. This is because once the data of the series from the past has been taken and a trend/pattern has been identified, that becomes the basis for future forecasts.
Cheers.
I believe the answer is: <span>the right to be heard
</span><span>the right to be heard exist within the relationship between government officials and the citizens.
Since the citizens paid the taxes that became the salary of the government officials, it is their duties to heard citizens' aspiration and work their way up to fulfill the needs of the majority of citizens.</span>
Answer:
To find the opportunity cost of capital for a safe investment, managers and investors look at current interest rates on safe debt securities.
Explanation:
Opportunity cost of capital refers to the return that could have been earned by investing in another investment opportunity with comparable risk.
Answer:
excess supply of money, the interest rate will fall, and if there is initially an excess demand, it will rise.
Explanation:
When there is an excess supply of money, there would be an increase in the demand for bonds. This would lead to a rise in the price of bonds and a decrease in the interest rate
When there is an excess demand for money, there would be a decrease in the demand for bond. This would lead to a reduction in the price of bond and an increase in the interest rate
