The simple circular flow model shows that workers, landowners, and owners of capital offer their services through resource(or Factor) markets. Thus, option (b) is correct.
What is circular flow model?
An economic model that depicts how money moves across the economy is the circular flow model. Businesses need resources to generate the goods and services that households and households buy.
The circular flow model is the based on the business and the households. The four factors of the recourses to the labor, entrepreneurship, land, and capital) these are the mainly used in the business to manufacturer their goods and produces the services.
As a result, the circular flow model are resource (or Factor) markets. Therefore, option (b) is correct.
Learn more about on circular flow model, here:
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Your question is incomplete, but most probably the full question was.
a) Product markets.
b) Resource(or Factor) markets.
c) Employment Agencies.
d) Business Firms.
Answer:
present value of stoke combine equation is $82.43
Explanation:
Given data
no of period = 4
discount rate = 6% = 0.06
dividends = $0.00, $2.30, 2.60, and $2.90
to find out
current stoke price
solution
we know dividend is 0 for st year so present value for 1st year will be 0 .....1
now we calculate
present value 2nd year dividend is = 2.30 / (1+0.06)^2
present value 2nd year dividend is = $2.05 ............2
present value 3rd year dividend is = 2.60 / (1+0.06)^3
present value 3rd year dividend is = $2.18 ..............3
present value 4th year dividend is = 95.83 / (1+0.06)^4
present value 4th year dividend is = $75.91 ..............4
present value of stoke combine equation 1 + 2 + 3 + 4
present value of stoke combine equation = 2.05 + 2.18 + 2.30 + 75.91
present value of stoke combine equation is $82.43
C You always want to prepare
Answer:
The Question is Incomplete; Full Question is as follows;
Using variable costing, what is the contribution margin for last year?
<em>Contribution Margin = $362,900</em>
Explanation:
Computation of expenditure margin by differential costing;
<em>Sales </em><em>Minus </em><em>variable cost </em>
= $1,558,000
- Variable cost of Manufacturing(190,000 units *$1.84)
= $349,600
— variable sales and administrative costs(190,000 units *$4.45)
= $845,500
= contribution margin = $362,900
<em>Keep in mind that; </em><em>Set or Fixed expenses and overhead costs are not taken into account when trying to calculate the contribution margin.</em>