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4 years ago

(02.01 LC)

Business

1 answer:

astra-53 [7]4 years ago

5 0

Answer:

See below

Explanation:

Demand A): The number of goods and services that consumers want to buy. Demand is computed in relation to a specified price per period.

Price B): The amount paid for goods or services. In most cases, price is the monetary value attached to an item.

Profit C): Amount of money left over after the business pays its expenses. Profits are achieved when revenues or income are more than the costs.

Competition D): Rivalry in supplying or acquiring an economic service or good. Businesses compete to gain customers, a bigger market share, and more profits.

Global economy E) The production, purchase, and sale of goods in a world. Technological and infrastructure development has made trading in the world much easier and faster.

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Consider a firm with a contract to sell an asset for $151,000 four years from now. The asset costs $96,000 to produce today. a.

abruzzese [7]

Answer:

a) loss of 3,388.87

b) it will break even at 11.99%

Explanation:

we will discount the 151,000 at 13% to know the current sales revenue at the sale

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity 151,000

time 4 years

rate 0.13

$\frac{151000}{(1 + 0.13)^{4} } = PV$

PV 92,611.13

the present value is 92,611.13 while the cost is 96,000

there is a loss of 3.388,87‬

To know at which rate the firm break even:

PV = 96,000

$\frac{151000}{(1 + r)^{-4} } = 96,000$

$\sqrt[-4]{96,000/151,000} - 1 = r$

r = 0.11989

6 0

3 years ago

(I figured it out, thank you for your time)

skelet666 [1.2K]

Well I am glad you figured it out, good for you

5 0

4 years ago

Can someone help me with number 8?!

Arte-miy333 [17]

Answer:

I’m pretty sure the answer is C or the 3rd circle, or at least that’s what I got. Hope this helps have a good day ;D

7 0

4 years ago

There are two people in the economy: Martha and Charlie. There are two goods in the economy: books and wine. Martha is endowed w

balu736 [363]

Answer:

Charlie consumes 100 books and 25 wines at pareto-optimal allocation, is the right answer.

Explanation:

According to the question, book is denoted with b whereas, wine is denoted with w.

The Utility function of Martha is- $U\left ( b,w \right )=6b+24w$

The Utility function for Charlie is- $U\left ( b,w \right )=bw$

$P_{b}$ = $1 : $P_{w}$ = $4

At pareto-optimality,

$MRS_{bw}=\frac{P_{b}}{P_{w}}\\\frac{w}{b}=\frac{1}{4}\\4w=b\\$

The budget constraint,

$1.b+4.w=m=1\left ( 20 \right )+4\left ( 45 \right )\\b+4w=20+180\\4w+4w=200\\w=\frac{200}{8}=25\\\therefore b=100$

Therefore, it may be said that Charlie must consume 100 books and 25 wine at pareto-optimal allocation.

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4 years ago

Christie makes changes to her budget at the end of every month. What is her reason for doing this in terms of smart financial pl

Tems11 [23]

Answer:

The correct answer is letter "B": She is reviewing her goals and aligning the budget to work toward them.

Explanation:

Smart financial planning is the strategy by which individuals or corporations adjust their budgets according to the current situation they face. The adjustments are done as many times as necessary to accomplish the goals those individuals or firms have set.

In Christie's case, the reason why she adjusts her budget by the end of every month is that she needs to match her expenses with her objectives so she can reach them.

6 0

3 years ago

Read 2 more answers