Answer:
slope of the resulting budget line = 
= 0.2
Explanation:
given data
price of product Y = $15
price of product X = $3
money income C = $60
to find out
absolute value of the slope of the resulting budget line
solution
we know here equation of resulting budget line is that is express as
AX + BY = C
here A and B are the quantity and X and Y are price and C is income
so
3 A + 15 B = 60
so
the slope of the resulting budget line is
slope of the resulting budget line = 
slope of the resulting budget line = = 0.2
The applicable formula is;
A = P(1-r)^n
Where;
A = Final purchasing power
P = Current purchasing power
r = inflation
n = Number of years when P changes to A
Confirming the first claim:
A = 1/2P (to be confirmed)
P = $3
r = 7% = 0.07
n = 10.25 years
Using the formula;
A = 3(1-0.07)^10.25 = 3(0.475) ≈ 3(0.5) = $1.5
And therefore, A = 1/2P after 10.25 years.
Now, give;
P = $9
A = 1/4P = $9/4 = $2.25
r = 6.5% = 0.065
n = ? (nearest year).
Substituting;
2.25 = 9(1-0.065)^n
2.25/9 = (1-0.065)^n
0.25 = (1-0.065)^n
ln (0.25)= n ln(1-0.065)
-1.3863 = -0.0672n
n = (-1.3863)/(-0.0672) = 20.63 years
To nearest year;
n = 21 years
Therefore, it would take approximately 21 years fro purchasing power to reduce by 4. That is, from $9 to $2.25.
Answer:
Formal selection principle..
Explanation:
- Max Weber gave 5 principles of the bureaucratic structure as the division of labor, hierarchy of authority, and the framework of rules, impersonality a formal selection.
- As kate is in middle management of a large organization she at the center of the hierarchy of the organization and believes that the subordinates can help in the decision making the process. This will lead to the creation of innovative ideas, reducing wastages of resources and time.
Answer:
effectiveness
Explanation:
SmartToy has proven in this new toy line its effectiveness, as it has proven its ability to reach the desired result with a great success degree. The new IA was a bet, and a risky one. However, betting on a new technology raised that toyline quality to a new level and resulted in so much success in the market that the market share increases fivefold. That alone corroborates the company's effectiveness.
An owner who withdraws an amount of $20000 would lead to decrease in the assets and the owner's equity by $20000.
Answer: Option D.
<u>Explanation:</u>
Assets are the things which are owned by the owner of the organisation and provide economic benefits. Liabilities are things which are the obligation on the owner of the company that he has to pay off. Equity is the share of the share holder of the company.
If an owner with draws or takes out money from the business for the personal use, it would lead to the decrease in the amount of the assets of the owner. It would also lead to the decrease in the amount of equity of the owner because he has taken out his share from the business for his personal use and not for the business.
