Answer:
2.83%
Explanation:
Actual initial investment=$23,100-5% front-end load=$23,100-(5%*$23100)=$21,945.00
The number of shares= 21,945.00/$21=1045 shares
The securities increased in value by 10% i.e $21 increased by 10%
new security value=$21*(1+10%)=$23.1
0
If the shares were sold at end of the year the cash receivable by the investor is computed thus:
cash=new security value*number of shares-1.6% expense ratio
cash =23.10*1045=$24,139.50
cash paid to investor= 24,139.50-( 24,139.50*1.6%)
=$23,753.27
rate of return=cash received-cash invested/cash invested= (23,753.27-23,100)/23100
Answer:
Total production should be greater or equals to 20 units.
Explanation:
Increasing marginal returns is an improvement in the quantity of goods produced by a company and it typically occurs over the short period of time when the amount of a variable input is initially added to a fixed input.
so given that total production increases when the first and the second workers were hired, therefore total production should be more than 20 units
Answer:
Nonprofits
Explanation:
Nonprofit business are businesses that have been granted exemption from paying tax by the federal inland revenue. They are formed for the purpose of mutual benefits and not for pursuing owners profits.
Answer:
The greater labor's share of production costs, the <u>higher</u> elasticity of demand for labor.
When labor costs are a high share of total production costs, the elasticity of labor demand is higher. For example, customer service jobs like fast foods, or gas pumping, have high labor costs as a percentage of total production costs, and these sectors have a very elastic labor demand.
you would expect the demand for human ski instructors to be less elastic the demand for human factory workers.
In the year 2035, with robots having replaced most humans in factory jobs, occupations such as ski instructor, or dance instructor, or musician, would have a low labor demand elasticity because these skills are not easily learned, or easily replicated by a robot, meaning that the humans specialized in those jobs will be more demanded, and the demand for their labor will be more stable.
Answer: e. They will make similar price cuts.
Explanation:
In an Oligopoly, there are few Firms in the market and as such if they colluded, they could control the market.
They rarely do however due to the legal and operational complexities of such a move so they exist in a sort of state where all the firms charge a set price and avoid changing this.
This is because if one firm increases price, they will lose market share.
If another firm reduces price, they might be able to capture more Market share so all the other firms reduce price as well to maintain their market share. This latter scenario would see them all maintain market share but have less profit due to charging less.
I digressed.
When a firm in an Oligopolistic Market reduces price, the other firms follow suit.