Answer: The answer is $1,092,865.5426
To the nearest whole dollar, we have:
$1,092,866
Explanation: from the question above, we will be calculating the present value of a cashflow of $93,000 over a period of 20 years, at a rate of 5.76%.
We will be performing a discounting operation.
Refer to the attached files below to see the calculations and how we arrived at the answer above.
The characteristics that describe pure competition are:
- Many sellers involved in the competition and none of them had the power to influence the price.
- Buyers also couldn't influence the price.
- It is fairly easy to come and compete in the market
- The commodities that offered in the market are similar in type and price.
Answer:
B) the reallocation of resources between military and civilian goods.
Explanation:
PPC is the graphical representation of product combinations that an economy can produce, given resources & technology.
Given same resources & technology, the two goods are inversely related - one good's quantity can be increased by decreasing the quantity of other good.
PPC is based on the assumption that resources are efficiently utilised & all points on PPC denote product combinations efficiently utilising resources.
So, movement along the PPC boundary means production level intact at full efficiency level & just reallocation of resources between good 1 to good 2, i.e here b/w military & civilian goods.
Answer:
digital convergence.
Explanation:
Digital convergence corresponds to a technology that guarantees the possibility of multimedia access to a single device such as a smartphone, which has text, photo, video, audio functions in one device, making access easier, simpler and faster.
It is possible, for example, to answer a work email while listening to music, all done through your cell phone.
