Answer: The probabilities of winning a contract are
Let the Probability of C winning the contract - P(C) be 'X'
Then,
Probability of B winning the contract - P(B) will be '7X' and
Probability of A winning the contract - P(A) will be
Since the total of all the probabilities is 1,
So,
Answer:
D $2,000
Explanation:
Valueof Preffered stock = 1000 x 25 = $25,000
Quartely dividend = 25000 x 8% x 3/12 = $500
Dividend of four quarters = $500 x 4 = $2,000
First three quarters has been missed so the preferred dividend of $2,000must be paid first from the declared dividend of 0.25 per share.
So, the correct option is D $2,000.
Answer:
it is an easiest type of business to set up because it requires small capital to start but has many disadvantages such as bearing all the risks alone.etc
With the Everyday Low Prices pricing strategy, a company adopts retail prices that are typically somewhere between the product's regular price and the sharply discounted sale prices that competitors occasionally offer.
Explanation:
EDLP short for Everyday Low Prices is a pricing technique in which businesses offer reliably low commodity prices to customers without having to wait for events of sale. A firm sets a low price in such a pricing policy and retains it over a long period (because the quality of the commodity remains unchanged).
Consumers have shown in many marketing surveys that they are more comfortable with reliably low prices rather than wild demand swings. For this reason, the strategy of the EDLP works effectively.
Answer:
wages and prices are often inflexible in the downward direction.
Explanation:
John Maynard Keynes was a British economist born on the 5th of June, 1883 in Cambridge, England. He was famous for his brilliant ideas on government economic policy and macroeconomics which is known as the Keynesian theory. He later died on the 23rd of April, 1946 in Sussex, England.
Keynes believed that wages and prices are often inflexible in the downward direction.
In Economics, when there are monetary disturbances and a great level of macroeconomic factors in the economy of a particular country, this usually result in prices of goods and services being sticky.