Health care is classified as a merit good because consuming it provides benefits to others as well as to the individual consumer. For example, while inoculation against a contagious disease generates a private benefit to those inoculated as well as others. However, few would choose inoculation only to protect others. Therefore, the demand for healthcare will be less than the socially efficient quantity. Healthcare is classified as a merit good because consuming it provides benefits to others as well as to the individual consumer. For example, while inoculation against a contagious disease generates a private benefit to those inoculated as well as others. However, few would choose inoculation only to protect others. Therefore, the demand for healthcare will be less than the socially efficient quantity.
Answer:
(C) A report recommending an anti-terrorism security system for mass transit
Explanation:
An analytical report is a type of a business report that uses qualitative and quantitative company data to analyze as well as evaluate a business strategy or process, while empowering employees to make data-driven decisions based on evidence and analytics. Analytical reports offers both information and analysis and also include recommendations.
<span>Because the question is based in the context of the events of Pearl Harbor, I will answer in terms of what is predicted for the United States navy at that time. Tojo predicted that the United States navy would become stronger during the few years after the attack on Pearl Harbor. Because Japan's oil supply was running low and they new that the United States' navy would increase in both size and capability, it was not wise to continue.</span>
Answer:
It will be sold at $1,186.71
Explanation:
We will calculate the present value of the cuopon payment and the maturity at the new market rate of 7%
<u>The coupon payment will be calcualte as the PV of ordinary annuity</u>
C $50 (1,000 x 10%/2 as there are 2 payment per year)
time 16 (8 years x 2 payment per year)
rate 0.035 (7% rate / 2 payment per year)
PV $604.7058
<u>The maturity will be calculate as the PV of a lump sum</u>
Maturity 1,000.00
time 8 years
rate 0.07
PV 582.01
<u>The market price will be the sum of both:</u>
PV cuopon $604.7058
PV maturity $582.0091
Total $1,186.7149