Try something within the medical departments, or jobs that you know are not likely to go down and are for everyday use. Like, psychology will be my personal interest and its pay could vary.
Answer:
36.84 years and 31.82 years
Explanation:
In this question ,we applied the rule no 70 which means we get to know the estimated number of years for doubling the real GDP
In the first case, the estimated number of years
= 70 ÷ average annual growth rate
= 70 ÷ 1.9%
= 36.84 years
In the second case, the estimated number of years
= 70 ÷ average annual growth rate
= 70 ÷ 2.2%
= 31.82 years
Answer:
Geometric Average return = 7.83%
Explanation:
First we need to find the missing value of data using Arithmetic mean formula
Arithmetic Mean = Sum of value / No of values
8.8% = Sum of Values / 4
Sum of Values = 8.8% x 4
Sum Values = 35.2%
Using Sum of Values we minus the remaining values in order to get the missing value of the data.
35.20% - 16.3% - 10.2%-(14.1%) = 22.80%
In order to get Geometric mean value we use geometric mean formula
G.M = 4 Sqrt(16.3% x 10.2% x -14.1% + 22.80%)
Geometric Mean = 7.83%
Answer:
barriers to entry
Explanation:
The characteristics or attributes of the perfectly competitive market are as follows
1. There are large number of buyers and seller who purchase and sales similar kind of products
2. No transaction is involved
3. No barrier for entry and exit into the market
4. It contains the perfectly elastic demand
5. Perfect knowledge about the products
Therefore the first option is considered