Answer:
False because the interest rate depends upon the economic conditions of the country and also on the risk associated with the company, its capital structure and credit risk. Yes it does depend on the finance required to fund the projects and investments but it does not relates to the interest rate. Because provision of large amounts of funds is riskier for the lenders, plus there are many other factors like duration of loan, profitability, etc that measures the creditworthiness of the client which tells us whether or not the client is able to payback the loan along with its interest or not. So the statement is false.
Answer:
Price elasticity of demand = 10.21
Explanation:
Given:
Old income (P0) = $31,900
New income (P1) = $33,500
Old Quantity (Q0) = 3 times
New Quantity (Q1) = 5 times
Computation of Price elasticity of demand :
Midpoint method:
Price elasticity of demand =
Price elasticity of demand = 10.21
Answer:
C. Many decisions are made on the margin
Explanation:
Opportunity cost refers to the benefits foregone of a non chosen alternative when another alternative is chosen.
In the given case, time is a scarce resource and limited. Rajiv has to practice for triathlon which comprises of 3 events. To win the triathlon, he needs to perform well collectively.
If he undertakes to swim more, the time available for other 2 activities need to be sacrificed i.e running and biking. Rajiv has planned to sacrifice biking marginally in the favor of swimming. The lesser an activity is sacrificed, the lower would be it's opportunity cost.
Whereas his wife's approach in short can be called "all or nothing" approach which relates to completely withdrawing from other activities and accepting one activity fully.
Rajiv is trying to make little changes instead of fully giving up on one activity and totally taking up another. This involves lesser cost in the form of opportunity cost, at the same time help him prepare for all three activities efficiently.
Answer:
The correct answer is hot site.
Explanation:
A hot site is a site where a company's operation can take place after a disaster. it is a duplicate of the original site and is situated at an off-premises location. It is a backup site which has all the equipment that is required to continue operations. it is always online and immediately available.
A warm site has lesser equipment than a hot site and requires more time to be operational. A cold site has the least equipment and takes a few days to be operational but is the cheapest alternative.
Since the company here wants the business to resume in the least time it should go for a hot site.
the linear stages of growth model, theories and patterns of structural change, the international dependency revolution, and the neoclassical theories. The term economic development is a term that economists, politicians, and others have used frequently.