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3 years ago

A dozen eggs cost $0.88 in january 1980 and $2.11 in january 2015.

1 answer:

6 0

Initial price = $0.88 (Jan. 1980)
Final price = $2.11 (Jan. 2015)

Change in price = $2.11 - $0.88 = $1.23
Percentage rise in price = 100(1.23/0.88) = 139.8% ≈ 140%
The average yearly rise in price = 139.8/(2015-1980) ≈ 4%

Answer:
Total percent rise in price = 140%
Average yearly rise in price = 4%

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A firm is planning to manufacture a new product. As the selling price is increased, the quantity that can be sold decreases. Num

Oduvanchick [21]

Answer:

Profit Maximising Quantity = 775

Explanation:

Price P = 35 - 0.02Q

Total Revenue TR = Price x Quantity = P X Q

= (35 - 0.02Q)(Q) = 35Q - 0.02Q^2

Total Cost TC = 8000 + 4Q

Profit = TR - TC

[35Q - 0.02Q^2] - [8000+4Q] = 35Q - 0.02Q^2 - 8000 - 4Q

Profit Function = - 0.02Q^2 + 31Q - 8000

To find out profit maximising Quantity , we will differentiate Profit Function with respect to Q & equate it to 0.

dTR/ dQ = -0.04Q + 31 = 0

Q = 31/0.04 = 775

To verify whether 775 is profit maximising Q, we will do second derivative & check that it is negative.

d^2TR/ dQ^2 = -0.04 i.e < 0 (negative)

So 775 is profit maximising quantity

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2 years ago

Suppose you observe the following situation: Security Beta Expected Return Pete Corp. 1.45 .155 Repete Co. 1.14 .128 Assume thes

balu736 [363]

Answer:

Expected return on the market = 11.58%

Explanation:

MRP = Market risk premium

RFR = Risk free rate

ERM = Expected return on market

$MRP = \frac{0.155-0.128}{1.45-1.14}=\frac{0.027}{0.31}= 0.0871$

MRP = 8.71%

RFR = 0.155 - (1.45*0.0871) = 0.155 - 0.126295 = 0.0287

RFR = 2.87%

ERM = MRP + RFR = 8.71% + 2.87%

ERM = 11.58%

Hope this helps!

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3 years ago

8. When a loan is amortized, a relatively high percentage of the payment goes to reduce the outstanding principal in the early y

Ludmilka [50]

Answer:

False

Explanation:

Amortization an act of spreading a loan into a series of fixed payments over time. An amortized loan is a loan with scheduled periodic payments of both the principal and interest. It first pays off the relevant interest expense for the period, after which the remainder of the payment reduces the principal.

Payments are made in regular installments of constant amount that consists of both principal and interest.

Common examples of amortized loans include student loans, car loans and home mortgages.

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2 years ago

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bixtya [17]

Yes I want to be your friend pls

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2 years ago

From 2006 to 2018, the average annual growth rate of total factor productivity in the united states was _____%.

pav-90 [236]

From 2006 to 2018, the average annual growth rate of total factor productivity in the united states was <u>0.4</u> %

The geometric progression ratio that offers a consistent rate of return across the time period is referred to as compound annual growth rate in the context of business and investing.

How is the average annual growth rate determined?

By considering the average income for a specific time period, annual growth rates are determined.
The finishing value of an investment or asset is divided by the asset's initial value in the yearly growth rate calculation.
You get a decimal point that can be converted into a percentage when you take one out of this amount.

To learn more about average annual growth rate, click the links

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1 year ago