Based on the given above, in order to determine the present
value, the amount you needed should be divided from 1 plus the 2.6 compounded
annually on the savings which will be multiplied to three.
It goes as;
Present value = $6,500 / (1 + 0.026) 3 = $6,018.26
They need to deposit $6,018.26 today to pay for the entire
party.
PLACE.........................................................................
Hi Laight6069,
The telling style of leadership has a <span>high-task, low-relationship feature.</span>
Answer:
C.
It is found where the supply curve meets the demand curve
Answer:
1. The resource demand curve of a firm operating in an imperfectly competitive industry is less elastic than the resource demand curve of a firm operating in a perfectly competitive industry.
2. A firm operating in an imperfectly competitive industry is less responsive to resource price changes than a firm operating in a perfectly competitive industry.
Explanation:
In an imperfectly competitive industry, the goods and services are heterogeneous, with few sellers and buyers, competition for market share, and the sellers are not price-takers. Since they are not identical, and sellers are not price-takers as in a perfectly competitive market, the sellers can increase prices when a resource price (cost) has increased, and still they earn economic profits. However, their ability to earn profits will depend on the quantities of goods produced and sold.
