Answer:
$131,182.029
Explanation:
The computation of the present value of the future payment is shown below:
As we know that
Present Value of Future Payments = Payment made × PVAF factor at 7% for 14 years
where,
Payment made is $15,000
And, the PVIFA factor is 8.7455
Now placing these values to the above formula
So, the present value of the future payment is
= $15,000 × 8.7455
= $131,182.029
Refer to the PVIFA table
Answer:
A
Explanation:
A perfect competition is characterized by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.
In the long run, firms earn zero economic profit. If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.
Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.
A monopolistic competition is when there are many firms selling differentiated products in an industry. A monopoly has characteristics of both a monopoly and a perfect competition. the demand curve is downward sloping. it sets the price for its goods and services.
An example of monopolistic competition are restaurants
An Oligopoly is when there are few large firms operating in an industry. While, a monopoly is when there is only one firm operating in an industry.
Oligopolies are characterised by:
price setting firms
product differentiation
profit maximisation
high barriers to entry or exit of firms
downward sloping demand curve
Answer:
This is an example of Job enrichment
Explanation:
Job enrichment means that jobs are restructured or redesigned by adding higher levels of responsibility. This practice includes giving people not only more tasks but higher-level ones, such as when decisions are delegated downward and authority is decentralized.
Kurt Lewin developed a change model that talks about creating a perception in the mind of the people that a change is needed,then taking adequate steps to bring about that change and then standardizing the new mindset .
Explanation:
Priya is exhibiting the First stage (Unfreezing)of Kurt Lewin change model.
There are three stages of Kurt Lewin Model:
- Unfreezing:This stage talks about changing the mindset of the people by helping them understand why change is required
- Changing:Taking appropriate steps to bring about the change.In this stage people resist the change because they are in a state of confusion and are very unsure about the change.
- Freezing:This stage involves freezing the changes that have taken place.A stage where the changes have been standardized
In the Beginning of the video Priya is talking about bringing the change ,by asking the colleagues to imagine "a world where you never have to wait in line for your groceries again!"
The way each instrument be changed if the fed wished to decrease the money supply is the Fed should conduct :
- Open market sales
- Raise discount rates
- Raise interest paid on reserves.
This will attract more saving from the people.
