Answer:
B. is equal to the nominal interest rate minus the inflation rate
(II) 3.4% simplify method
3.317% fisher formula
Explanation:
5.9 - 2.5 = 3.4 real rate
or using fisher formula
1.059/1.025 - 1= 3.317 real rate
Answer: <u>"b. Price is greater than long-run average cost."</u> is NOT characteristic of long-run equilibrium for a perfectly competitive firm.
Explanation: In the long term the company will produce the output level at which long-run average cost is at its minimum.
Where the price is equal to the long-run marginal cost and the long-run average cost.
Answer:
The answer is $137500
Explanation:
Solution
Recall that:
Chicks corporation had invested assets of =$1,100,000
Sales of = $1,210,000,
Income from operations resulting to = $302,500
Desired minimum return = 15%
Chicks residual income is =?
Now,
Particulars Amount
Net Income 302500
Less: Minimum Return
(1100000 x 15%) 165000
Residual Income 137500
Therefore the residual income for chicks is $137500
Answer: Option C
Explanation: Planning in management refers to the process in which the managers focuses on determining the goals of the company and ascertaining the need of resources needed to achieve those goals. It is the first step in the management process.
It is focused on allocating the resources to different departments and sections as per the needs, so that the objectives of the organisation could be achieved.
Thus, from the above we can conclude that the correct option is C.
