Answer:
The answer is letter B
Explanation:
Designed to remind consumers while publicity is used to persuade consumers.
Answer:
<em>The investment will be worth $94,547 in the Regency Bank and $26,625 in the King Bank</em>
Explanation:
<u>Compound and Simple Interest</u>
The main difference between simple and compound interest is the fact that in the simple interest, each amount earned by period of investment, is withdrawn from the account. This means that each new period of investment starts with the same principal P. The formula to compute the final value is
Where r is the interest rate and t is the time.
In compound interest, each amount earned by period is added to the previous initial amount, making a new principal for the new period. This means that the account earns interest of interest. The formula is
Let's plug in the given values: P=7,500 ; r=15%=0.15 ; t=17 years. We must be careful to use the adequate values for r and t, because the investement is compounded monthly, thus we must convert both values to its equivalent monthly:
Now for the simple interest:
Answer:
outsourcing
Explanation:
Outsourcing Is a practice in business or corporate organizations that involves hiring a third party outside an organization to perform some job functions or handle some operations instead of handling it within an organization.
Advantages of outsourcing.
1.it lower cost.
2.Improved rate of efficiency.
3.Accelerated time for market.
4.Improved skills and resources, etc.
Examples of task that could be outsourced includes recruitment exercise, customer care and call services, information technology services,etc.
total cost to be accounted for
Answer: Option 3.
<u>Explanation:</u>
In Economics, total cost is the all out monetary expense of creation and is comprised of variable cost, which fluctuates as indicated by the amount of a decent delivered and incorporates sources of info, for example, labor and raw material.
Add your fixed expenses to your variable expenses to get your all out expense. Your all out average cost for basic items on your spending limit is the aggregate sum of cash you went through over a one month time span. The equation for discovering this is basically fixed costs + variable expenses = total cost.
Answer:
Option (c) is correct.
Explanation:
Andy can produce 24 loaves of bread or 8 pounds of butter:
Opportunity cost of producing 1 pound of butter = (24 ÷ 8)
= 3 loaves of bread
John can produce 8 loaves of bread or 8 pounds of butter:
Opportunity cost of producing 1 pound of butter = (8 ÷ 8)
= 1 loaves of bread
Therefore,
John has a comparative advantage in producing butter because of lower opportunity cost.
Hence, the opportunity cost of producing 1 pound of butter is 3 loaves of bread for Andy and 1 loaves of bread for John.
