Answer:
Inferior good
Explanation:
Inferior goods are those type or the kind of goods whose demand falls or decline when the income of the person or customer or individual rises or increases.
In short, the demand of the inferior goods is related inversely to the customer or person income.
So, in this case, the person bought 10 frozen pizzas per month, but when the person start earning, then the person would not buy the frozen pizzas. The frozen pizza will be inferior good for the person as the income of the person will rise.
Answer:
$5,566.84
Explanation:
to determine the amount of money that Mary had in her account at the beginning of the year we can use the resent value formula:
present value (PV) = future value (FV) / (1 + interest rate)ⁿ
where:
- FV = $6,248.95
- interest rate = 12.253%
- n = 1
PV = $6,248.95 / (1 + 12.253%) = $6,248.95 / 1.12253 = $5,566.84
There was a rise in human population.
, the key determinant of whether the diversification creates value would be: whether the diversification <span>enhances the competitive advantage of either or both of the two businesses
Here is an example of business combination in different sectors that create a value.
Let's say that a mobile manufacturer called company x (from electronic sector) combines its-self with an animation company (from entertainment sector).
Company x could obtain value from this combination by rewarding free movie/tv shows subscription for every mobile phone that they sold. By doing this, the sales in both sectors will be increased
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Answer:
$18,396
Explanation:
Average sales of the store per day = $1,680
Number of days in a year = 365
Total sales in a year = $1,680 x 365 = $6132,200
Shrinkage rate = 3%
Losses for an entire year = 0.03 x $6132,200 = $18,396
