What is the answer to 20?

Classical economics is based on the principle that prices:a. remain constant even in the face of shocks that cause excessiveunem

telo118 [61]

Answer:

c. adjust in a natural way to bring the markets for goods and labor intoequilibrium

Explanation:

A classical economy operates under the logic of the competitive market in which the interaction between supply and demand determines price and quantity traded. Consumers are rational and their consumption choices will depend on their needs and price. The firm, in turn, will choose to produce when the price is attractive. Thus, price acts as a vector of supply and demand adjustments. In situations of increased demand, price and supply will increase. In situations of low demand, the price decreases and the supply also, until a equilibrium. The same reasoning goes for the job market. The wage will be the adjustment price between supply and demand for work.

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3 years ago

A large corporation that runs nursing homes estimates that changes to Medicare will result in lower payments by Medicare to nurs

astra-53 [7]

Answer:

Should not

Explanation:

From the question, marginal cost exceeds the marginal benefit to be derived from the addition of beds.

Thus MC > MB

This means that it will cost the Corporation more to expand the number of beds than the benefits that they will derive from adding this feature. This shows that they are better off avoiding the addition of beds as this would make them to run at a loss. Hence, they should not offer additional beds.

3 0

4 years ago

when considering creditworthiness, which person is likely to pay the greatest credit card finance charges if they all charge the

Over [174]

option A, James, who always makes the minimum payment each month. Paying only the minimum on credit cards could result in increased finance costs and longer-term debt accumulation.

<h3>What consequences result from merely making the minimum credit card payment?</h3>

It will take you a lot longer to pay off your credit card bills, occasionally by a factor of several years, and your credit card issuers will keep charging you interest until your amount is paid in full if you merely make the minimum payment.

<h3>Why does making minimal payments result in debt payback over the long term?</h3>

You Fork Over Much More in Interest. Frequently, the minimum payment necessary just covers the interest owed (or slightly more), so you won't be able to pay off the principal in a reasonable amount of time.

Learn more about credit card: brainly.com/question/12438705

#SPJ4

The complete question is:

When considering creditworthiness, which person is likely to pay the GREATEST credit card finance charges if they all charge the same amount each month on their cards?

A) James, who always pays the minimum each month

B) Georgia, who sometimes pays more than the minimum amount

C) Mary Lou, who always pays the full credit bill each month

D) Mark, who usually pays his credit card bill in full, if he can afford to

5 0

1 year ago

In China, state control of media is high, so companies are challenged to find ways to get their message to customers. This demon

Ivanshal [37]

This demonstrates a difficulty in crafting a global communication strategy.

The question says that the nation of China is very much controlling the media in the country. This has made it difficult for businesses to communicate with their users.

This here tells us about the issue of communication. The companies may have issues sending message across to all of its customers due to the media problem.

This problem may be more difficult in a case where the business is a foreign market.

3 0

3 years ago

Consider three bonds with 6.8% coupon rates, all making annual coupon payments and all selling at a face value of $1,000. The sh

makvit [3.9K]

Answer:

a. What will be the price of each bond if their yields increase to 7.8%?

4 Years : $966,73 (see example)

8 Years : $942,09

30 Years : $885,26

b. What will be the price of each bond if their yields decrease to 5.8%?

4 Years : $1,034.81 (see example)

8 Years : $1,062.59

30 Years : $1,140.64

Explanation:

Principal Present Value = F / (1 + r)^t

Coupon Present Value = C x [1 - 1/(1 +r)^t] / r

This is an example for 4 years, 7,8%, to the others years only change "t".

The price of this bond it's $740,50 + $226,23 = $966,73

Present Value of Bonds $740,50 = $1,000/(1+0,0780)^4

Present Value of Coupons $226,23 = $68 (Coupon) x 3,33

3,33 = [1 - 1/(1+0,0780)^4 ]/ 0,0780

This is an example for 4 years, 5,8%, to the others years only change "t".

The price of this bond it's $798,10 + $236,71 = $1,034.81

Present Value of Bonds $798,10 = $1,000/(1+0,0580)^4

Present Value of Coupons $236,71 = $68 (Coupon) x 3,48

3,48 = [1 - 1/(1+0,0580)^4 ]/ 0,0580

6 0

3 years ago