Answer:
The opportunity costs of letting your colleague to extend the loan for another month are:
- invest in oil-well venture = $5,100 x 28% = $1,428
- invest in new IT stock = $5,100 x 45% = $2,295
Your total opportunity cost depends on what you actually decide to do with the money, if you invest all of it on the oil-well venture it is $1,428, or all of it in the new IT stock it is $2,295, but if you invest 50/50 on each, then the opportunity cost would be $1,861.50, or any other possible combination.
Opportunity costs are the extra costs or benefits lost from choosing one investment or activity over another alternative.
Answer: 11.65%
Explanation:
The $13,241.39 is a future value amount as it is what is to be accumulated in 2 years.
Future value formula therefore applies:
Future value = Current value * ( 1 + interest rate) ^ no. of years
13,241.39 = 10,621.36 * ( 1 + i) ²
(1 + i)² = 13,241.39 / 10,621.36
(1 + i)² = 1.24667556697
1 + i = √1.24667556697
i = 1.116546267 - 1
i = 11.65%
Answer:
Contractionary monetary policy usually results in:
- lower money supply
- higher interest rates
- lower inflation rates
- lower investment rates
- lower nominal gross domestic product
- higher unemployment
- decrease in consumer spending
- aggregate demand curve shifts to the left
Answer: to prevent improper use or causing an issue with the thing they have to get a license for
Answer:
The correct answer is the option A: listen to the customer.
Explanation:
First of all, the employee needs to listen to the customer's complain in order to identify the problem and seek for a possible solution as quickly as possible. Moreover, the importance number one is to listen because the customer may just be worry about the possible delayed flight and there might not be a damage caused, therefore just to listen and talk to the customer is more important that taking a fast action in order to resolve something that may not be a real problem.
