Answer:
PV= $3,978.115
Explanation:
Giving the following information:
Interest rate (i)= 8% = 0.08
Future value (FV)= $20,000
Number of periods (n)= 21 years
<u>To calculate the lump-sum to be invested today, we need to use the following formula:</u>
PV= FV / (1 + i)^n
PV= 20,000 / (1.08^21)
PV= $3,978.115
I will not be able to illustrate the graph in the dialog box but instead, the writer will describe the long-run equilibrium of transnet. Long-run equilibrium in economics focuses on the period of time where the resource is still available and what is its costs and quantity produced.
Answer:
B. business format franchise
Explanation:
Under the business format model, the franchisee adopts the entire business operating systems of the franchisor. It means that the franchisee uses the franchisor's trademark, plans, and procedures. Goods and services offered by the franchisee will be identical and will bear the same prices as those of the franchisor.
Joseph plans to operate a business format model of a franchise. The franchisee will have to meet Joseph's standards of operations. For that to happen, Joseph must provide the following.
- Initial training
- Standardize build-out plans
- Operations manuals
- Continuous support
- Point-of-sale system education
- Key functionalities
Joseph has a responsibility to ensure the franchisee adhere to the standards agreement. It means he will have a supervisory role in management for the franchisee.
In return, Joseph will be earning commissions from each franchisee based on the income of each of them.
The elasticity of supply can be calculated using the formula:
Elasticity = [(Q2 – Q1) / ((Q2 + Q1) / 2)] / [(P2 – P1) /
((P2 + P1) / 2)]
or in simpler terms: Elasticity =(ΔQ / Qave) / (ΔP / Pave)
Where Q and P are the quantity and price respectively
We are given that:
<span>P1 = $2.5 Q1
= 1,800 tons</span>
<span>P2 = $2 Q2
= 900 tons</span>
Substituting the given values into the equation:
Elasticity = [(900 – 1800) / ((900 + 1800) / 2)] / [(2 – 2.5)
/ ((2 + 2.5) / 2)]
Elasticity = (-900 / 1350) / (-0.5 / 2.25)
Elasticity = 3.0
<span>Since elasticity is positive, the supply is directly
proportional to the price.</span>
In the buy-side marketplace model, the reverse auction is typically used.
The term refers to buying securities and assets for clients's accounts, such as mutual funds, pension funds, trusts, private equity funds, etc.