Answer:
120 pounds
Explanation:
Data provided in the question:
Plastic required to meet the production needs of a small toy = 100 pounds
Current plastic inventory = 10 pounds
Desired ending inventory = 30 pounds
Now,
The plastic to be budgeted for purchasing
= Plastic required to meet the production needs - Current plastic inventory + Desired ending inventory
= 100 pounds - 10 pounds + 30 pounds
= 120 pounds
Answer:
C. the invisible hand.
Explanation:
The action by the woman is an example of the invisible hand. The invisible hand is a concept that explains the forces of demand and supply that determines equilibrium price and quantity of goods and services. It also illustrates how an individual can make personal decisions, due to the ever-existing freedom of production, thereby benefiting himself/herself and the community entirely which is evident in this case of this mushroom producer. Therefore, the correct answer C.
Answer:
Its total cash flow at the end of year 3 is:
$792.
Explanation:
a) Data and Calculations:
Maturity of bond = 5 years
Face value = $1,000
Coupon rate = 8%
Amortization schedule for each year = 20% (100/5)
Bond’s Periodic Cash flows:
End of year 1 = $200 + $80 interest ($1,000 * 8%) = $280
End of year 2 = $200 + $64 interest ($800 * 8%) = $264
End of year 3 = $200 + $48 interest ($600 * 8%) = $248
Total cash flow at the end of year 3 = $792
Answer:
The earnings foregone by skipping the two tournaments on the PGA tour is cost of opportunity
Explanation: The cost of opportunity of an economic decision that has several alternatives is the value of the best unrealized option. In other words, it refers to what a business stops earning, when choosing an alternative among several available. In this case are the prizes the golf player lost for not playing the tournments.
Answer:
small; wage rate
Explanation:
The purely competitive market is a wage taker as there are many number of firms who wants to purchase the labor services in that market also there are many number of workers who have similar skills and wants to sell their labor services
So as per the given situation, the each and every kind of firm wants to employs a small fractions of total supply available so that no firm could influence the wage rtae
Therefore the last option is correct
