Answer:
$6910.70
Explanation:
At the end of each year, the account balance will be 1.05 times the value at the beginning of the year. Thus, at the end of year 3, the value is 1.05^3 times the original value.
$8000 = (deposit)×1.05^3
deposit = $8000/1.05^3 ≈ $6910.70
James should deposit $6910.70 today.
Answer:
The correct answer is letter "A": Beer prices will go down.
Explanation:
Usually, when two large companies merge they take most or almost all part of their market causing a monopoly. This implies the recently-merged company to set the price of the goods according to what they believe is suitable which does not necessarily match with the consumers' expectations. However, for the companies in the case to prove the government that the merger will benefit the economy, they must show that the price of the beer will go down which is the opposite of what is expected under other regular situations.
Marginal analysis is to examine the added benefits versus the added cost of an activity. Consumers use marginal analysis unknowingly for their decisions everyday. While producers use marginal analysis as a tool for making a decision that will help them maximize their financial gain.
Answer:
A) Aggregate demand will increase, especially for wealthy individuals.
Explanation:
Aggregate demand would increase, especially for wealthy individuals because disposable income would increase as a result of lower tax payable.
Answer:
A) Information transmitted to large segments of the population
Explanation:
Mass communication is information transmitted to large segments of the population mainly through mass media outlets (e.g. radio, TV, internet websites, YouTuube, magazines, etc.). Many people confuse mass communication with mass media, but mass communication is the message and mass media is the carrier.
Culture is defined as the shared values, attitudes, beliefs, and practices that characterize a social group, organization, or institution.
