They can import and then industrialize.
Like the law of demand, the law of supply demonstrates the quantities that will be sold at a certain price. ... But unlike the law of demand, the supply relationship shows an upward slope. This means that the higher the price, the higher the quantity supplied.
Answer:
The expected gain per policy for the insurance company is $80
Explanation:
According to the given data we have the following:
Outcome death No death
Net gain $-9900 $ 100
Probability 0.002 0.998
Therefore, in order to calculate the expected gain per policy for the insurance company we would have to calculate the following formula:
Expected Gain = (-$9900)*(0.002)+($100)*(0.998) = -19.8+99.8= 80
Expected Gain=-$19.8+$99.8=
Expected Gain=$80
The expected gain per policy for the insurance company is $80
The annual interest of 9 % after 2 years is $ 1435.70 and after 2.5 year $ 1501.53.
The annual interest fee refers to the charge this is carried out over a length of 365 days. hobby costs can be applied over one-of-a-kind periods, together with monthly, quarterly, or bi-annually. but, in maximum cases, hobby quotes are annualized.
APY calculates that fee earned in 12 months if the interest is compounded and is a greater correct illustration of the actual charge of going back. APR consists of any costs or additional charges related to the transaction, but it does not remember the compounding of the hobby inside a selected 12 months.
Calculation:
First, converting R percent to r a decimal
r = R/100 = 9%/100 = 0.09 per year.
per month = 0.0075
PV = $1200
rate APR = 9/12 = 0.75 /100
= 0.0075
Period 24 months = 1435.70
Period 30 months = 1501.53
Learn more about the rate of interest here:-brainly.com/question/25793394
#SPJ4
Answer:
Estimated manufacturing overhead rate= $50 per machine hour
Explanation:
Giving the following information:
The machining department uses machine hours as its allocation base and has 80,000 machine hours. The machining department is assigned overhead costs of $4,000,000.
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base= 4000000/80000= $50 per machine hour
