Answer:
Federal Reserve.
Explanation:
Federal Reserve is a large central bank in Washington, D.C. that was founded in 1913. It lends money to other, smaller banks.
Answer:
a) Share price of company is $28.20.
b) So value of unlevered firm is $4.512 million.
Explanation:
a.
Share price = Value of debt / (160,000 - 110,000)
= $1,410,000 / 50,000
= $28.20
Share price of company is $28.20.
b.
VAlue of all equity firm = Number of share outstanding × Price per share
= 160,000 × $28.20
= $4.512 million
Value of levered firm is $4.512 million.
Since tax rate is zero, so value of levered firm equal to value of unlevered firm.
So value of unlevered firm is $4.512 million.
Answer:
C. Shut down the presses printing my book
Explanation:
Since the average variable cost of producing the book is above the demand curve, the best course of action is to shut down the printing (production) of more books. The author would lose less money by shutting down operations rather than continuing production at a variable cost higher than the demand he's receiving for the books.
In economics, when profit is less than the average variable cost, firms are advised to stop production in the short run and incur economic loss on fixed inputs. This is because with continued operations, total revenue would not only be lower than total cost, but rather, would also be less than total variable cost.
Below are the complete options:
changing beliefs about the extent to which a brand has certain attributes
encouraging the consumer to use stimulus generalization
adding new attributes to the product
encouraging the consumer to use stimulus discrimination
changing the importance of attributes
Answer:
changing the importance of attributes
Explanation:
Freshness dates shows for how long a drink can be considered to not have expired. For example Pepsi can be considered to give freshness from 6-9 months after the date printed on the bottle.
Pepsi spent about $25 million on advertising and promotion related to freshness dates. Initially freshness dates were only seen as important by a few people.
This resulted in 61 percent of cola drinkers now thinking it is important.
This exemplifies how importance of a product's attribute can be changed
Answer:
Authority - Responsibility Balance & Incentive Development.
Explanation:
Authority refers to the power to command, give orders to somebody. And enjoying the position of having right to get it obeyed.
Responsibility refers to being in a position of accountability, answerability for an allocated task or job & its performance.
For Eg : A manager given responsibility to complete a task of production targets achievement, is also given authority to command the entire staff at the production site.
Joe had problem while working for someone else that :- he had responsibility to complete employers allocated task, but may be not given enough authority to do so, thats why he felt he is being 'commanded by, working for' someone else. Also, he doesn't owe the rewards of his acts, so lacks incentive.
Being an entrepreneur will entitle him with managerial responsibilities, but at the same time will also give him higher authority to take his own independent decisions. And, he is himself responsible for his acts, will bear losses or enjoy profits for himself. So, it also incentivises him to work for himself.
