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3 years ago

Marketing is not needed in a ______________ economy. Select one:

Business

1 answer:

aliina [53]3 years ago

6 0

Answer: c. Pure subsistence economy

Explanation:

Marketing is needed in an economy where there are at-least two parties who want to exchange goods or service for money or something else. However, in a pure subsistence economy the goods are produced for self subsistence and not for exchange in the market. It is an economy in which each family unit produces everything that it consumes. In such subsistence economies there is no need for marketing.

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Unlike wholesalers, _______ do not own the goods that they distribute to customers; rather, they serve as independent sales re

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Agents of a business

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3 years ago

The structure which takes one of two paths based on a decision is called a(n) ____ structure.

Rus_ich [418]

An if then else structure.
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3 years ago

A mutual fund in which shares are issued only when the fund is organized is called a(n) __________ fund.

nadezda [96]

The answer is closed-end.

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3 years ago

A party who agrees to act on behalf of another person or party is called a( n ) ________.

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3 years ago

A couple thinking about retirement decide to put aside $2,100 each year in a savings plan that earns 7% interest. In 10 years th

Marina86 [1]

Answer:

310,588.5

Explanation:

As is not said we can assume the 2,100 each year to be paid at the end of the year, and the 7% to be used as a compunded anually rate. So let´s first think just about the 2,100, as they are regulary payments, they can be seen as an anuity inmediate, the formula is as follows:

$s_{n}=p*\frac{(1+i)^{n}-1 }{i}$

where sn is the future value of the regular payments, i is the interest rate and n is the number of payments and p is the amount of regular payment so in this particular case we have:

$s_{n}=2,100*\frac{(1+0.07)^{30}-1 }{0.07}$

$s_{n}=$ =198,367.65

So now let´s think on the gift of 29,000 as it is paid on 10 years, there will remain 20 years with an investment rate of 7% compounded anually. so there we have the classic formula of future value

$FV=VP*(1+i)^{n}$

where FV is the future value, PV is the present value, i is the interest rate per period, and n is the number of periods. Again in this particular case we have:

$FV=29,000*(1+0.07)^{20}$

$FV=112,220.85$

so the total amont will be:

total=198,367.65+112,220.85

total=310,588.5

8 0

3 years ago