Answer:
24.73%
Explanation:
(1 + i)ⁿ = future value / present value
annual interest rate = i
n = 52 years
future value = $11,750
present value = $0.12
(1 + i)⁵² = $11,750 / $0.12 = 97,917
1 + i = ⁵²√97,917
1 + i = 1.2473
i = 1.2473 - 1 = 0.2473 = 24.73%
Answer:
The correct answers are letters "B" and "C": Market control by a few large firms; Either homogeneous or differentiated products.
Explanation:
An Oligopoly is when a small group of two or more companies dominates a market. Oligopoly firms may consent to <em>market collusion</em>, and <em>create barriers</em> to new trade entry. If the companies do not, they are likely to be forced to lower their prices and open the market to newer smaller companies.
The <em>ability to set prices, having homogeneous or distinctive products </em>and <em>price rigidity</em> are some other characteristics of oligopolies.
Answer:$14,709,481
Explanation:
$14,709,481
$14,703,108 + [($14,703,108 × .04) - $585,000] + [$14,706,232 × .04) - $585,000] = $14,709,481.
Answer:
$13,320
Explanation:
The computation of the warranty expenditure is shown below:
= Sales revenues × estimated warranty expenditure percentage
= $296,000 × 4.5%
= $13,320
By multiplying the sales revenues with the estimated warranty expenditure percentage we can get the warranty expense and the same is shown above
All other information which is given is not relevant. Hence, ignored it
It is because businesses like cheap advertising