Answer:
The correct answer is letter "E": The marginal benefit of sleeping 10 more minutes is greater than the marginal benefit of 10 more minutes of work.
Explanation:
Marginal Benefit is an economic term that describes the maximum amount a consumer is willing to pay for an additional unit of a good or service. Typically, the marginal benefit decreases as long as the person consumes more of that good or service. The price-benefit relationship is inversely proportional.
In the example, the marginal benefit of sleeping 10 minutes more must be greater than the marginal benefit of working 10 more minutes if economists choose to sleep a little bit more.
Answer: the correct answer is $1,724,000
Explanation: $560,000 x 0.40= 224,000 (net income times percentage of Harrison's voting common stock)
$2/ share x 50,000= (100,000) (the company paid 2$ dollars per share and there are 50000 shares)
1.6 million + 224,000 - 100,000= $1,724,000
Answer:
Regency Bank
A = $98577.46
king Bank
A = $81832.68
Explanation:
Given Data:
principle amount =$ 5000
rate of interest = 15%
n =12 {compounded months}
t = 20 year
for Regency Bank
investment amount obtained as
![A =P\times [1 + \frac{r}{n}]^{nt}](https://tex.z-dn.net/?f=A%20%3DP%5Ctimes%20%5B1%20%2B%20%5Cfrac%7Br%7D%7Bn%7D%5D%5E%7Bnt%7D)
![A = 5000 [1 + \frac{0.15}{12}]^{12\times 20}](https://tex.z-dn.net/?f=A%20%3D%205000%20%5B1%20%2B%20%5Cfrac%7B0.15%7D%7B12%7D%5D%5E%7B12%5Ctimes%2020%7D)
A = $98577.46
for King Bank
Investment amount obtained as
Here n = 1
![A = 5000 [1 + \frac{0.15}{1}]^{1\times 20}](https://tex.z-dn.net/?f=A%20%3D%205000%20%5B1%20%2B%20%5Cfrac%7B0.15%7D%7B1%7D%5D%5E%7B1%5Ctimes%2020%7D)
A = $81832.68
Answer:
d. It implies that prices reflect all available information
Explanation:
Efficient Market hypothesis emphasizes upon the fact that stock prices are an outcome of released public information and assumes investors to be rational.
It points towards sensitivity of the market to the information made available and as per it, investors actions are an outcome of information that becomes available to them.
It means securities are correctly priced which wipes out any possibility of earning arbitrage gains i.e buying a security at a low price and selling it at a higher price.
