1. The money is required to stay in the bank longer
2. Because inflation erodes the value of savings, the higher interest rate helps decrease the amount of money lost.
Answer:
20 is the socially optimal number
Explanation:
In this question, we are asked to calculate the socially optimal number of clean streets given the marginal cost of cleaning them.
To solve this problem, we employ a mathematical approach as follows:
Market demand = Sum of Individual demand
Magaret demand = p = (50-Q)/2 = 25-0.5Q
Thomas demand = P = 40-Q
Market demand = 25-0.5Q + 40-Q = 65-1.5Q
MC = 35
Socially optimal number = MC = Market demand
35 = 65-1.5Q
30 = 1.5Q
Q = 20
Answer: (-2,0), (0,0) or A and B on E2020
Explanation: The line chart shows the X-intercepts as (-2,0) and (0,0).
Also: Just took quiz and got 100%
Answer:
$183,000
Explanation:
The computation of the cost of goods sold using the FIFO method is shown below:
= Number of units purchased × per unit + additional units purchased × per unit
= 15,000 units × $10 + 3,000 units × $11
= $150,000 + $33,000
= $183,000
Since there are 18,000 units are sold
out of which 15,000 are at $10 and the remaining 3,000 units are at $11 and the same is to be considered
Answer:
The correct answer is letter "E": are often driven by such strategic objectives as to expand a company's geographic coverage or extend its business into a new product categories.
Explanation:
A merger is a combination of two companies, usually by mutual agreement. Mergers are not exactly the same as acquisitions. In the <em>acquisition</em>, one company buys and subsumes another company, leaving only the purchaser in place. In most mergers, the two companies merge to form a completely new company.
Frequently, <em>mergers and acquisitions are conducted so that the operations of firms can be broaden and new opportunities can be taken advantage of in the new markets.</em>