Option D
In the short-run, if there is a surplus in the market for a product, the rationing function of price can be expected to cause: a decrease in the market price of the product.
<h3><u>
Explanation:</u></h3>
When quantity provided surpasses quantity required, a surplus endures. If the value goes up, the amount of necessitated goes downward. If the price drops, the quantity required raises. Price ceilings limit a price from growing beyond a particular level.
When a price ceiling is fixed under the equilibrium price, the amount required will pass quantity fulfilled, and excess demand or deficits will result. Price floors block a price from dropping below a reliable level. When a price floor is fixed beyond the equilibrium price, the measure supplied will exceed the quantity needed, and excess stock or surpluses will happen.
During a preliminary inquiry, the three primary questions are always asked. The first one is, "Was an offense committed". Second, "Was the suspect involved in the offense", Last, the third one is, "What is the character and military record of the suspect?".
Answer:
False
Explanation:
A proposed trade of 12.5 pounds of butter for 20 guns may NOT be mutually agreeable to both countries.
The main idea of comparative advantage is NOT trade by barter but buying and selling. Comparative advantage is a principle that states that a country should produce more of the goods and services which it can produce at a lower opportunity cost than that of trade partners and thereafter sell to those partners at a lower cost than they would have produced it themselves in the bid to be self reliant.
It is difficult to agree to such a deal of 12.5 pounds of butter for 20 guns because it is impossible to conclude that they are even or equal in value. The both countries should sell to each other as money is a common means of exchange.
Answer:
TRUE - Analytics
Explanation:
Analytics is the systematic process of finding, interpreting and communicating meaningful patterns found in data. Ot involves the examination of data using mathematical methods.
The online retailer used analytics in order to understand the consumers behaviors and then to be able to make decisions from result gotten rather than the use of "gut" feeling or intuition which isn't backed by data or facts.
The use of analytics in business making decisions generally improves profits margins, efficiency and risk management.
Answer:
$136348.618
Explanation:
Given:
Present value (PV) =$1,600,000
Number of year(n) = 20
Rate(r) = 6.5% = 6.5 / 100 = 0.065
Payment monthly (PMT) = ?
Calculation:
![PMT = PV[\frac{r}{1-(1+r)^{-n}} ][\frac{1}{1+r} ]\\=1,600,000[\frac{0.065}{1-(1+0.065)^{-20}} ][\frac{1}{1+0.065} ]\\=1,600,000[\frac{0.065}{1-0.283797} ][0.93897 ]\\=1,600,000[\frac{0.065}{0.71620} ][0.93897 ]\\=1,600,000[0.0907567719 ][0.93897 ]\\=1,600,000[0.0852178861]\\=136,348.618](https://tex.z-dn.net/?f=PMT%20%3D%20PV%5B%5Cfrac%7Br%7D%7B1-%281%2Br%29%5E%7B-n%7D%7D%20%5D%5B%5Cfrac%7B1%7D%7B1%2Br%7D%20%5D%5C%5C%3D1%2C600%2C000%5B%5Cfrac%7B0.065%7D%7B1-%281%2B0.065%29%5E%7B-20%7D%7D%20%5D%5B%5Cfrac%7B1%7D%7B1%2B0.065%7D%20%5D%5C%5C%3D1%2C600%2C000%5B%5Cfrac%7B0.065%7D%7B1-0.283797%7D%20%5D%5B0.93897%20%5D%5C%5C%3D1%2C600%2C000%5B%5Cfrac%7B0.065%7D%7B0.71620%7D%20%5D%5B0.93897%20%5D%5C%5C%3D1%2C600%2C000%5B0.0907567719%20%5D%5B0.93897%20%5D%5C%5C%3D1%2C600%2C000%5B0.0852178861%5D%5C%5C%3D136%2C348.618)
So, Payment per month = $136348.618
