Answer: Option A
Explanation: In simple words, backward induction refers to the process under which an individual starts analyzing a performance from the end results and go backward to the steps to determine where actually the actions went wrong.
This technique is generally used for analyzing complex subjects which requires high technology or knowledge. It helps the individuals to determine what actions should be rectified in future so that same problems would not occur again.
In the given case, Elly is willing to analyze the whole subject by starting right from the results. Hence we can conclude that she is using backward induction.
Formula for CI = p (1+r/100)t
Substituting the given
values, we get
Cl = 500 ( 1 + 7 / 100) 8
<span>Cl = 859 .09</span>
<span>The answer is 859.09</span>
Answer:
She consumes 41 units of good X.
Explanation:
Utility Maximization:
The maximum utility that a consumer derives from the use of a specified amount of a good or service.
Consumer M
aximise the utility when following condition is satisfied.
MUx / MUy = Px / Py
Y / X = 5 / 4
4Y = 5X
According to given sitation the budget constraint is
Px ( X ) + Py ( Y )= M
5X + 4Y = 410
Using 4Y = 5X
thus, 5X + 4Y = 410
5X + 5X = 410
10X = $410
X = 41.
Answer:
The correct answer is <em>held-to-maturity securities</em>.
Explanation:
Securities held until expiration (HTM) are purchased to be held until expiration. The management of a company could invest in a bond that they plan to hold until they expire. As a result, there are different accounting treatments for retained securities until maturity compared to securities that must be settled in the short term.
Answer: Scaffolding, construction forms, and temporary structures
Explanation:
The builders risk coverage form simply refers to the insurance policy which covers both the residential structures and the commercial structures when such structures are being constructerd or renovated.
Based on the information given, the coverage extension of the Builder’s Risk Coverage Form that would cover the scaffolding will be scaffolding, construction forms, and temporary structures.
