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2 years ago

Define economic development ?

Business

1 answer:

zubka84 [21]2 years ago

4 0

Answer:

<h2>Economic Development is the </h2><h2>creation of wealth from which community benefits are realized. It is more than a jobs program, it's an investment in growing your economy and enhancing the prosperity and quality of life for all residents. Economic development means different things to different people.</h2>

Explanation:

<h2>PLEASE MARK ME BRAINLIEST AND FOLLOW ME LOTS OF LOVE FROM MY HEART AND SOUL DARLING TEJASWINI SINHA HERE ❤️</h2>

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Omega, Inc. sells its fitness wrist band for $100. It cost the company $62 to make the product. While Tom values the Omega wrist

dangina [55]

Answer:

B. each customer's reservation price.

Explanation:

Reservation price is the highest amount a buyer would be willing to pay for a good or service.

I hope my answer helps you

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3 years ago

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At the cost-minimizing combination of factors: Select one: a. the MPP of all factors will be equal b. the MFC of all factors wil

kow [346]

Answer:

D) the ratio of MPP to factor price will be the same for all factors

Explanation:

The ratio of marginal physical product (MPP) is calculated by dividing the change in total physical output by change in variable input.

In order to minimize costs, producers must combine factors so that the ratio of MPP to factor price will be the same for all factors. This way the amount of physical product produced with require the constant additions of factors of production, in other words, the marginal cost remains constant.

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3 years ago

You are bullish on Telecom stock. The current market price is $100 per share, and you have $15,000 of your own to invest. You bo

likoan [24]

Answer:

10%

Explanation:

Value of investment in the beginning = $30,000

Value of investment at the end = $30,000 (1 + 0.08)

= $30,000 × 1.08

= $32,400

Interest paid = $15,000 × 6%

= $900

Rate of return:

$=\frac{Value\ at\ the\ end-Value\ in\ beginning-Interest}{Total\ amount-Borrowed\ amount}\times100$

$=\frac{32,400-30,000-900}{30,000-15,000}\times 100$

$=\frac{1,500}{15,000}\times 100$

= 10%

Rate of return is 10% if the price of Telecom stock goes up by 8% during the next year.

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2 years ago

There are four seats on the board of directors of MMT, Inc., up for election. The firm has 175,000 shares of stock outstanding a

Archy [21]

Answer:

We must spend $575,023 to acquire sufficient shares to guarantee your election to the board

Explanation:

To calculate the number of shares, the below formula will be used

Number of shares = [(S * X) / (D + 1)] + 1

S = Total number of shares, X = Number of seats you want to leave, D = Total number of seats

Number of shares = (175,000 * 1) / (4 + 1) + 1

Number of shares = (175,000 / 5) + 1

Number of shares = 35,000 + 1

Number of shares = 35,001

We control 35,001 if we wants to guarantee election to the board.

The additional no of shares that we need to buy is as calculated below as we already owns 10,000 shares

Cost = (Number of shares required - Number of shares already owned) * Price per share

Cost = (35,001 shares - 10,000 shares) * $23

Cost = 25,001 shares * $23

Cost = $575,023

Thus, it will cost us $575,023 to guarantee that we will be elected to the board.

4 0

3 years ago

Which best describes how an investor makes money from an equity investment?

Alexxx [7]

By selling the asset for a profit

5 0

2 years ago

Read 2 more answers

Define economic development ?​

Define economic development ?