Answer: Primary product dependency is a large constraint on economic growth and development within LEDCs due to the fact that commodities and their producers are highly susceptible to price fluctuations.
Explanation:
Primary product dependency discourages investment in other aspects of the economy. Concentrating on primary products does not always help the long-term development of an economy because it can contribute to a lack of investment in other aspects such as education and industrial production.
Answer:
D) $779,843.27
Explanation:
The present value of this donation = Donation in Year 1/(1+ discount rate)^9 + Donation in Year 2/(1+ discount rate)^8 + ….. + Donation in Year 2/(1+ discount rate)^1
= $100,000/(1+9%) + $100,000*(1+5%)/(1+9%)^2 +$100,000*(1+5%)^2/(1+9%)^3…. +$100,000*(1+5%)^9/(1+9%)^10 = $779,843.27
Or we can easily input in excel and generate NPV as file attached; in which the formula is NPV(discount rate, cash inflow year 1 : cash inflow year 10) = (9%, 100000,100000*(1+5%)….,100000*(1+5%)^9) = $779,843.27
<h2>A business action that has been widely adopted within an industry or occupation is known as
Standard Business practice</h2>
Explanation:
Standard business practice tells you how to operate and manage your business.
The operation includes:
Goals, objectives: Mentioning about the goal and objective of the organization and creating process to achieve those.
Sales: Sales are the most important aspect which brings revenue to any kind of industry starting from education industry to MNC industry. Sales can bring business and one of the crucial department for success of the organization.
Back office work: Which needs to work at the background to monitor, to track, develop the operations or process
Answer:
Option (C) is correct.
Explanation:
Selling price of a basketball = $170
A potential buyer contacts you and offers to pay you$170 Canadian dollars.
Exchange rate between the U.S and Canada is as follows:
$1 U.S = $1.25 Canadian
So,
Worth of $170 U.S in terms of Canadian dollar is as follows:
= $1.25 × $170
= $212.5 Canadian dollars
If you take this deal, you will have returned Steve to his homeland and Earned less than if you accept $170 U.S.
Because, the worth of $170 U.S dollars is $212.5 Canadian dollars. Hence, there is a loss of $42.5 Canadian dollars if he will accept the deal.
So, it is better for him to accept $170 U.S dollars.
