Answer:
Entrepreneurship
Explanation:Entrepreneurship - it is referred to as taking risk of producing new products or starting something new by utilizing the resources available in the area.
If after utilizing the resources lead the market value of resulted outcomes is greater than available resources then entrepreneur has a profit.
In the same way, the wheat farmer is starting to invest in the land which assumed to be not good for growing wheat.
The annual depreciation costs at that facility will rise by 10% or $1,440,000.
<h3>Annual depreciation costs</h3>
Life of the equipment = 10 Years
Salvage value = 0
Annual Depreciation= (Cost of equipment - Estimated salvage value) / Estimated useful life
Annual Depreciation= ($14.4 million- 0) / 10
Annual Depreciation= $1,440,000
or
Annual Depreciation= $1,440,000/$14,400,000 ×100
Annual Depreciation= 10%
Inconclusion the annual depreciation costs at that facility will rise by 10% or $1,440,000.
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Answer:
The thief has a 0.11% probability of hitting the pin code on the first try.
Explanation:
Simply, if the ATM card has a 3-digit code that can be repeated, and the board has 9 numbers (for example, from 1 to 9), we must start from the smallest number that could be formed with these numbers to the highest number that these numbers could also compose, which in the case would be 111 and 999. Then, 889 different numbers could be formed (it is the distance between 111 and 999), with which the possibility of hitting the key to the first attempt would be 1 in 889 times, or 1/889.
To take the probability to a percentage, we must know that 889 / 8.89 gives 100. Therefore, dividing 1 / 8.89 we will know the percentage of probabilities of hitting the key on the first attempt: 1 / 8.89 = 0.11.
This shows us that the thief has a 0.11% probability of hitting the key on the first try.
Answer:
Domestic demand: Q = 5,000 – 100P; Supply: Q = 150P
At equilibrium, demand equals supply.
5,000 – 100P = 150P
250P = 5,000
P = 5,000/250
Equilibrium price (P) = $20
Substituting P in demand equation:
Q = 5,000 – (100*20)
Equilibrium quantity (Q) = 3,000 portable radio would be imported
