Answer:
III. Points on the PPF curve are the only ones that achieve "productive efficiency"
Explanation:
What is true about productive efficiency is that Points on the PPF curve are the only ones that achieve "productive efficiency".
Productive efficiency is an economic term that is concerned with producing goods and services with the optimal combination of inputs to produce maximum output for the minimum cost.
For it to be said that an economy is productively efficient means the economy must be producing on its production possibility frontier
Hence productive efficiency happens when production is reportedly occurring along a production possibility frontier (PPF).
Answer:
The correct answer to the following question is Esteem need of Maslows hierarchy of needs.
Explanation:
Maslows hierarchy of need is a motivation theory given by Abraham maslow, according to him people are motivated in order to achieve certain. He has described his theory of needs as pyramid which consists of physiological needs, safety needs, social needs, esteem needs and self actualization.
In esteem needs , maslow tells about people's need for appreciation and respect, after a person has achieved the first three basis needs , the persons behavior would be motivated by esteem needs. Because people have need for feeling prestige and sense of accomplishment, self worth and self esteem.
Answer:
Explanation:
For this case the total payment is $320000, and she pays $40000 so the remain amount to pay would be:
$320000-40000=$ 280000
For this case we assume that the annual interest rate is APR=5.7% =0.057 on fraction.
The total number of years are 20. For this case n represent the number of payments per year and since we have monthly payments then n =12.
In order to find the PMT we can use the following formula:
![PMT= \frac{P(\frac{APR}{n})}{[1-(1+\frac{APR}{n})^{-nt}]}](https://tex.z-dn.net/?f=%20PMT%3D%20%5Cfrac%7BP%28%5Cfrac%7BAPR%7D%7Bn%7D%29%7D%7B%5B1-%281%2B%5Cfrac%7BAPR%7D%7Bn%7D%29%5E%7B-nt%7D%5D%7D)
On the last expression the APR needs to be on fraction and P represent the principal amount, for this case P = $280000. So if we replace we got:
![PMT= \frac{280000(\frac{0.057}{12})}{[1-(1+\frac{0.057}{12})^{-12*20}]}](https://tex.z-dn.net/?f=%20PMT%3D%20%5Cfrac%7B280000%28%5Cfrac%7B0.057%7D%7B12%7D%29%7D%7B%5B1-%281%2B%5Cfrac%7B0.057%7D%7B12%7D%29%5E%7B-12%2A20%7D%5D%7D)
And we can verify this using the following excel function: "=PMT(0.057/12,12*20,-280000)"
Answer:
$27
Explanation:
Giving that the most important(all in actuality) values related to the question are not listed, I'd do well to improvise and assume. And as such, I have these
I'm assuming that the minimum payment on a credit card is the greater of $27 or 3% of the unpaid balance. And thereafter, proceeding to find the minimum payment on an unpaid balance of about $815.69.
To do this, we use simple arithmetic to first find the value of the percentage in dollars, so that
3% of $815.69 = 3/100 * 815.69 = $24.471
Remember that drum the question, the minimum payment is greater than 3% of the unpaid balance or $27. Given than 24.47 is less than 27, our answer is $27
Answer:
$1,258,950 and $5,233,670
Explanation:
The computation is shown below:
For cost of goods sold
= Cost of goods sold - beginning inventory overstated + ending inventory overstated
= $1,338,800 - $114,680 + $34,830
= $1,258,950
Since the ending inventory contains the lesser amount so it would be added and the beginning inventory contains larger amount so it would be deducted
For retained earning
= Retained earning - ending inventory
= $5,268,500 - $34,830
= $5,233,670
