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3 years ago

Changing prices to attract customers is most difficult in a ________.

1 answer:

8 0

Changing prices to attract customers is most difficult in a purely competitive market. The correct option among all the options that are given in the question is the third option or option "C". The other options in the question can be negated. I hope that this answer has come to your help.

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A car's price is currently $20,000 and is expected to rise by 4% a year. if the interest rate is 6%, how much do you need to put

kati45 [8]

Answer:

$19,591.63

Explanation:

1. Calculate the price of the car in a year from now.

This is add the 4% on the current price:

$20,000 × 1.04 = $20,800

2. Calculate the amount of money that must be put aside to have $20,800 in a year:

Use the formula of monthly compound interest, with 6% annual interest

r = 6% / 12 = 0.06/12 = 0.05

P(1 + 0.005)¹² = $20,800

P = $20,800 / (1 + 0.005)¹² = $19,591.63

5 0

3 years ago

A low home inflation rate relative to other countries would ____ the home country's current account balance, other things being

Musya8 [376]

Answer:

Increase; increase.

Explanation:

Inflation can be defined as the persistent rise in the price of goods and services in an economy.

A low home inflation rate relative to other countries would increase the home country's current account balance, other things being equal. Low growth in the home income level relative to other countries would increase the home country's current account balance, other things being equal. A country's current account balance is a statement of the value of its exports and imports of goods and services at a specific period of time.

Hence, when the level of inflation is low in a particular country; their current account balance would be high. However, when the level of inflation is high it results in low growth and as such increases the home country's current account balance, other things being equal.

7 0

3 years ago

A company is evaluating an expansion. This capital investment will require a cash outflow today of $6,500,000. The firm estimate

Inga [223]

Answer:

Net present value of this project is $282470.22

Explanation:

Present value of inflows = Cash Inflow * Present value of discounting factor(rate%,time period)

=900,000/1.08+900,000/1.08^2+900,000/1.08^3+900,000/1.08^4+900,000/1.08^5+900,000/1.08^6+900,000/1.08^7+900,000/1.08^8+900,000/1.08^9+900,000/1.08^10+900,000/1.08^11+900,000/1.08^12

=6782470.22

NPV=Present value of inflows-Present value of outflows

=6782470.22-6,500,000

=$282470.22

8 0

3 years ago

Where a testator makes a specific bequest to his two children living at the time he executed the will, a child born after the wi

satela [25.4K]

You should always _____ a horse with a flat palm so they don’t bite you.

have fedwill feedfeedfeeding

7 0

3 years ago

All of the following statements are correct when referring to process costing except:Multiple ChoiceCosts are accumulated by dep

mr_godi [17]

Answer:

Process costing would be appropriate for a jeweler who makes custom jewelry to order.

Explanation:

Product costing is defined as the process by which the best costing method is chosen to suit a particular product.

There are three main types: process costing, specific order costing, and service costing.

Process costing is a method that determines the cost incurred at each stage of production. It is best used for processes that are repetitive such as manufacturing plants.

However a jeweler who makes custom jewelry to order will most appropriately be served by a specific order costing.

This involves costing according to distinct jobs or contracts.

There is no specific or repetitive process, rather the job is usually carried out according to specific needs of a customer.

6 0

3 years ago