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Elena-2011 [213]
3 years ago
10

Which of the concepts below is a characteristic of a Veblen good?

Business
1 answer:
Aleonysh [2.5K]3 years ago
3 0

Answer:

The answer is B I think

Explanation:

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$5000 is put into an empty savings account with a nominal interest rate of 5%. No other contributions are made to the account. w
yawa3891 [41]

Answer:

Interest in 5 years will be $1418.07 which is near about $1420

So option (D) will be correct answer

Explanation:

We have given amount invested, that is principal amount P = $5000

Rate of interest r = 5 %

Time taken t = 5 years

As interest is compounded monthly so rate of interest =\frac{5}{12}=0.416%

And time period n = 12×5 = 60 period

So total amount after 5 year will be equal to

A=P(1+\frac{r}{100})^n

A=5000(1+\frac{0.417}{100})^{60}

A=5000\times 1.2836=6418.07

We have to find the interest

Interest will be equal to = total amount - principal amount = $6418.07 - $5000 = $1418.07

Which is near about $1420 so option (D) will be correct answer

 

8 0
3 years ago
Which of the following is not an example of risk factors for a multinational company?
REY [17]

Answer: A) Complying with contractual terms of agreements

Explanation: option A is the odd one out because it is about keeping to agreements or conditions in a contract, the other options "B,C,D" are risk factors for a multinational company that directly or indirectly affects their business.

7 0
3 years ago
Sales data, complaints, compliments, and redemption rates for coupons and rebates are types of ________________ marketers use to
skelet666 [1.2K]

The answer is feedback. This is considered to be an information in which is about the product or services being performed. They are also referred to as reactions produced by other people in means of having to use it as a basis for improvement or to correct some minor issues.

8 0
3 years ago
A "price taker" is a firm that Question 8 options: does not have the ability to control the price of the product it sells. does
Masja [62]

Answer:

Does not have the ability to control the price of the product it sells

Explanation:

A price taker is a firm that doesn't have the ability to control the price of the product they sell.

Price taker exist in a perfectly competitive market where individual firms cannot dictate prices of goods and services.

A perfectly competitive market is characterised by

1) presence of large number of buyers and sellers.

2) There is free entry and exit.

3) Sellers sell homogenous product, that is, identical product.

4) Buyers have access to information.

In contrast to price taker, we also have price makers who have the ability to control the prices of product they sell.

6 0
3 years ago
During a period of economic expansion, when expected profitability is high, the: select one: a. Equilibrium price of bonds incre
spin [16.1K]

During a period of economic expansion, the demand curve for bonds shifts to the left.

<h3>What is the effect of an economic expansion?</h3>

During an economic expansion, the supply of money in the economy rises and the demand for money also increases. This leads to an increase in the interest rate and the price of the bonds would fall.

If expected profitability is expected to be high, people would prefer to hold more risky investment. Thus, there would be a fall in the demand for bonds. The demand curve for bonds would shift to the left.

Here are the options to this question:

A) the demand curve for bonds shifts to the left.

B) the supply curve of bonds shifts to the right.

C) the equilibrium interest rate falls.

D) the equilibrium price of bonds rises.

To learn more about economic expansion, please check: brainly.com/question/831569

#SPJ12

4 0
2 years ago
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