Answer: 8%
Explanation:
The expected return is a weighted average of the returns given the probability of certain states of the economy:
= (Prob. of boom * return if boom) + (Prob. of normal * return if normal) + (Prob. of weak * return if weak)
= (20% * 35%) + (50% * 14%) + (30% * -20%)
= 0.07 + 0.07 - 0.06
= 8%
Answer:
The money supply decreases by $25.5 million and money supply decreases by $170 million.
Explanation:
The reserve ratio is 15%.
The reserve sells bonds worth $25.5 million to the public.
This will cause a reduction of $25.5 million reserves as banks will need to pay Fed for the bonds.
The money supply will change by
= 
= 
= 
= - $170 milion
So, the money supply will decrease by $170 million.
Answer:
C. Corporation- partnership - Sole Proprietorship
Explanation:
Answer:
The dimension that minimizes the container is width = 1; base = 2 and height = 5
The minimum cost is $36
Explanation:
Let the width be x
So:





Volume of the box is:
---- Given
Volume is calculated as:



Substitute 10 for Volume

Make h the subject


Next, we calculate area of the sides.

Because it has an open top, the area is:

![Sides\ Area = 2[(Width * Height) + (Base * Height)]](https://tex.z-dn.net/?f=Sides%5C%20Area%20%3D%202%5B%28Width%20%2A%20Height%29%20%2B%20%28Base%20%2A%20Height%29%5D)


![Sides\ Area = 2[(Width * Height) + (Base * Height)]](https://tex.z-dn.net/?f=Sides%5C%20Area%20%3D%202%5B%28Width%20%2A%20Height%29%20%2B%20%28Base%20%2A%20Height%29%5D)
![Side\ Area = 2[(x * h) + (2x * h)]](https://tex.z-dn.net/?f=Side%5C%20Area%20%3D%202%5B%28x%20%2A%20h%29%20%2B%20%282x%20%2A%20h%29%5D)
![Side\ Area = 2[(xh) + (2xh)]](https://tex.z-dn.net/?f=Side%5C%20Area%20%3D%202%5B%28xh%29%20%2B%20%282xh%29%5D)
![Side\ Area = 2[3xh]](https://tex.z-dn.net/?f=Side%5C%20Area%20%3D%202%5B3xh%5D)

The base area costs $6 per m²
So, the cost of 2x² would be:


The side cost area costs $0.8 per m²
So, 6xh would cost


Total Cost (C) is:

Recall that 
So:




Take derivative of C

Take LCM

Equate
to 0

Cross multiply


Add 24 to both sides

Divide through by 24

Take cube roots of both sides

Recall that


and 
Solve for these dimensions:






i.e.

<em>Hence, the dimension that minimizes the container is width = 1; base = 2 and height = 5</em>
<em></em>
Recall that

Substitute 1 for x



<em>The minimum cost is $36</em>