What explanation might an economist provide why some people smoke cigarettes when such behavior can lead to health consequences?
Some people likely smoke cigarettes because they overvalue the utility from current choices. Although these people know they are smoking cigarettes which can lead to cancer, the benefits they feel they are receiving from them are valued higher than the consequences they may receive.
Answer:
Tv = 1772
Remote = 144
Installation = 144
Explanation:
To calculate stand-alone selling price we need to calculate the percentage of Fair market value first and then allocate the Entire package price in the products according to the percentage of fair market value.
Percentage of the fair market value of each product
Product Fair Value Percentage
TV $1830 86%
Remote $140 7%
Installation $140 7%
Total $2,110 100%
Stand-alone selling price
Product % of fair market value Stand-alone selling price
TV 86% 1772
Remote 7% 144
Installation 7% 144
Total 100% 2,060
Answer:
on the 5th year: $34, 898
the total 5 years: $128,775.78
Explanation:
add 18% of 18,000 to 18,000
then add 18% of that sum to the sum
and so on
Answer:
A. You would choose Bank A because its EAR is higher
Explanation:
Bank A pays 3% interest compounded annually on deposits, while Bank B pays 2.25% compounded daily
EAR of Bank A = 3%
EAR of Bank B = (1+2.25%/365)^365 - 1
EAR of Bank B = 2.275% effectively annually
Based on the EAR (or EFF%), which bank should you use?
You would choose Bank A because its EAR is higher.
Answer: promote sustainable development
Explanation:
The purpose of the loans made by the World Bank is to promote sustainable development.
The World Bank is owned by many nations 187 countries and its main role is to help on the reduction of poverty, improve the people's standard of living and also bring about economic growth and development.