Answer:
The annual interest rate charged would be 8%
Explanation:
The annual interest rate which is charged by the parents for the loan is computed as:
Interest rate = (Amount repaid for loan - Lent amount by parents) /Lent amount by parents × 100
where
Lent amount by parents is $400
Amount repaid for loan is $432
Putting the values above:
Interest rate = ($432 - $400) / $400 × 100
Interest rate = $32/ $400 × 100
Interest rate = 0.08 × 100
Interest rate = 8%
The term <u>price taker</u> refers to a firm operating in a perfectly competitive market that must take the prevailing market price for its product. Read below about a perfectly competitive market.
<h3>What is a perfectly competitive market?</h3>
In economics, a perfect market is also known as an atomistic market. A effect competition is defined by several idealizing conditions, collectively called perfect competition, or atomistic competition.
Therefore, in such a market the price taker must take the prevailing market price its product.
learn more about price taker: brainly.com/question/15416827
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c. It is not specific and measureable.
i hoped this helped
Answer: Leased employee
Explanation:
Leased employee are employed by a service firm and assigned to work at a business or an organization.
They are contractual employee and paid on the basis of what is deemed in contract.
Plant cells having giant vacuoles which help them store more water than an animal cell. They also have chloroplasts allowing them to photosynthesize and make food, animal cells don't need chloroplasts. And lastly they have a cell wall which helps keep plant cells turgid or sturdy so they don't take in too much water and burst.<span />
