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raketka [301]
3 years ago
9

PLEASE HELP!!! Lionel works for an energy company interested in drilling for oil off the coast of a small island. The representa

tive for the local fishing industry, Rochelle, says that locals are vigorously opposed to Lionel’s idea. A town meeting is held. Lionel explains how his company is dedicated to practicing the safest drilling techniques. He explains that oil piped from the ocean’s floor is purer and that it can be harvested in a more efficient way than an oil rig on land. Lionel also emphasizes how much the trucks carrying fish to the markets all over the country would save if local oil was able to be used. Rochelle fires back that in the past, serious accidents with offshore oil drilling have been reported. She points out that if there were a spill, the resulting death of fish would cost the local fisherman their livelihood. Local opinion on the issue is split. Before the town agrees to side with Lionel’s energy company or Rochelle’s local fish industry, officials orde
Business
1 answer:
nikklg [1K]3 years ago
3 0

Answer:

the question is incomplete, the last part is missing:

<em>Before the town agrees to side with Lionel’s energy company or Rochelle’s local fish industry, officials order a report from a biotechnologist. Everyone agrees to go with what the biotechnologist recommends. Which side do you think the biotechnologist will agree with? Why?</em>

First of all we have to understand what a biotechnologist does. A biotechnologist studies the cells, tissues and other parts of living organisms  (similar to a biologist) but their purpose is to develop new processes, procedures or technologies that can be used by humans to make a profit. Biotechnologists develop products like herbicides for agriculture, or new drugs for pharmaceutical companies, etc.

A biologist would probably side with Rochelle and the rest of the fishermen, but a biotechnologist would probably side with Lionel and the oil company. Biotechnologists' work is based on developing new technologies from living organisms that can be used by companies to make a profit

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kondor19780726 [428]

Answer:

A. The supply of labor will definitely increase. 

Explanation:

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9 . Implied interest rate and period Consider the case of the following annuities, and the need to compute either their expected
vodomira [7]

Answer:

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Explanation:

We will solve for the rate being the annuity of 3 payment of 800

and the present value 2,138.41

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\  

C 800

time 3

PV 2,138.41

rate ?

800 \times \frac{1-(1+x)^{-3} }{x} = 2,138.41\\  

To solve we can use excel, a financial calculator or trial and error

For excel we will do the following:

write the list of cash through the loan life:

-2,138.41

+800

+800

+800

then we write in the empy cell

=IRR(

select the values and press enter

This will give the IRR which is 6%

For the second assignment:

we need to solve for time:

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\  

C    3,800

time            n  

rate            0.06

PV $31,897

3800 \times \frac{1-(1+0.06)^{-n} }{0.06} = 31,897\\  

 We work out the formula:

(1+0.06)^{-n} = \frac{31,897\times 0.06}{3,800}

Now we solve the right side and apply logarithmic properties

-n = \frac{log0.503636842&#10;}{log1.06}

-n = -11.77128325

n = 11.77

It will take 12 years to obtain their target amount

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