Answer:
command economy
Explanation:
In a command economy, the government is the only determinant of what is to be produced, its quantity, and price. All the factors of production belong to the government. The government or the central authority creates a central plan that guides all country's economic activities and decisions.
The private sector is absent in a command economy. The government is the only employer. Citizens do not have the freedom to choose what to buy, but rather what is available.
Answer:
The annuity will cost him $963,212.95.-
Explanation:
Giving the following information:
Cash flow= $75,000
Interest rate= 0.0525
n= 20
First, we need to calculate the final value. We will use the following formula:
FV= {A*[(1+i)^n-1]}/i + {[A*(1+i)^n]-A}
A= annual cash flow
FV= {75,000*[(1.0525^20) - 1]/0.0525} + {[75,000*(1.0525^20)] - 75,000}
FV= 2,546,491.88 + 133,690.82= $2,680,182.70
Now, the present value:
PV= FV/(1+i)^n
PV= 2,680,182.70/(1.0525^20)
PV= $963,212.95
Answer:
They lower their prices.
Explanation:
As a<u><em> monopoly is stablished</em></u> then the next step is to<u><em> reduce prices </em></u>when competitors try to enter the market so they remain being the company with the biggest<u><em> share of the market. </em></u>
Answer:
33.33%
Explanation:
Unemployment rate is the proportion of the labour force without a job
Unemployment rate = (number of unemployed workers / total labour force ) x 100
25 /75 x 100 = 33.33%
Answer:
a. corrective advertising.
Explanation:
Corrective advertising -
It refers to the order by the Federal Trade Commision , where the false claims are rectified , which can mislead the consumers , is referred to as corrective advertising .
Corrective advertising is important method to rectify to any false claims that the goods and services provide to the consumers .
Hence , from the given scenario of the question,
The correct option is a. corrective advertising .
