The nation of alpha does not bring seriously the gathering and publishing of its economic statistics. This forms uncertainty about forecasts, causing business firms to invest less.
<h3>What is meant by Business Forecasts?</h3>
Business forecasting is the process of predicting future market circumstances by analyzing historical data using business intelligence tools and forecasting techniques. Forecasting in business can be qualitative or quantitative. The process of predicting changes in a firm, such as sales, expenses, profits, and losses, is known as business forecasting.
Business forecasting aims to create better plans based on these knowledgeable projections, assisting in the prevention of probable failure or losses. The gathering, processing, compilation, dissemination, and analysis of economic data are the topics of applied statistics and applied economics. It has a close connection to econometrics and business statistics.
Hence, The nation of alpha does not bring seriously the gathering and publishing of its economic statistics. This forms uncertainty about forecasts, causing business firms to invest less.
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Answer:
The amount in the account on the 18th birthday = $ 25,645.41
Explanation:
<em>The investment can be described as an ordinary annuity. An ordinary annuity is a series of equal periodic cash flows that occur for a certain number of years</em>
<em>The amount the invest will accrue principal plus interest is known as the f</em><u><em>uture value</em></u><em> of the annuity</em>
It is determined as follows:
<em>FV = A × ( (1+r)^n -1 ) / r</em>
FV - ?, A = 1000. r - 4%- 0.04, n - 18
FV = 1,000× ( ( (1.04)^(18) - 1 )/ 0.04
= 1,000 × 25.64541288
= $ 25,645.41
The amount in the account on the 18th birthday = $ 25,645.41
Answer: cost plus approach
Explanation: In simple words, it refers to a pricing strategy under which the producing firm adds up a predetermined specific margin to the total cost to compute the selling price.
This approach is considered to be less troubling as it is easy to ascertain the selling price and also it makes accounts recording and book keeping more effective and simple.
Usually such method is used for Procrustes that are sold to the final customers in single piece and not in a batch for example - a soap, a chocolate etc. other commodities such as computer parts etc are generally not priced according to this strategy.
Answer:
As we want to maximize the profit, the objective function is the profit function:
Explanation:
This is a linear programming problem.
We want to maximize the profit, and the limitations are budget, where we take into account the cost of the types of beds, and warehouse space, where we take into account the space the beds required.
As we want to maximize the profit, the objective function is the profit function:
The constraints are:
- Budget
- Warehouse space:
Answer:
Answer: US had a trade deficit and China had a surplus in its BOP
Explanation:
Inflow to US economy / Outflow of Chinese economy
1. Chinese tourist spent $ 1000
2. Chinese purchased a business $600
3. Puchased goods $300
Total Inflow $1900
US Outflow / China' inflow
US purchases goods $800
Sent aid $100
Investment in stocks $200
US tourist spent $1000
Total Outflow $2100
US had a trade deficit and China had a surplus in its BOP
Chinese government purchase of US bonds' value is not given, the purchase will be treated as credit to US BOP and the income received will be credit to China's BOP.
