Explanation:
First, Depository institution
Institution that collect money from people and pay interest . You may can deposit your cash and withdraw it anytime . If you put longer they pay interest. Interest may be fixed or variable. On other words, from that institution you can send your money to other people ,can get credit or debit card to withdraw or shopping. They gave you loans. Such institution are:
Commercial bank , Saving institution,credit union and so on.
In last remember that those who pay you interest ,give loan facilities, business transaction and collect your money they are Depository. They have 3 types of account for people who want to deposit their money. 1. Current account 2. Saving Account 3. Fixed
Non Depository institution
Where you cannot put your money and withdraw it . You would not get interest. They are intermediary between borrowers and saver. They are:
Mutual funds: where you buy scheme in units. It like investment . Then they pay you bonus and even you can sales it on market. Don't confuse mutual funds collect money from public invest it on market and share their profit.
Insurance companies: they insure your belonginess. They pay when your things goes beyond the normal level. Like. Car theft,goods damage.
Pension fund:
Security firms: investment companies ,broker house.
Answer:
a good decision requires that we recognize both viewpoints
Explanation:
Based on this information it can be said that an economist would most likely state that a good decision requires that we recognize both viewpoints. That is because every decision will affect everyone, but some individuals will be affected positively while others will be affected negatively. Therefore trying to recognize the viewpoint of both sides will allow for decisions that are as fair as possible to both sides.
Answer:
Limited access to factors of production.
Explanation:
In Alice's firm they are planning on expanding to new markets, two factors of production have been seen to be the challenge in the planned expansion.
First labor is expensive and secondly manufacturing equipment is unavailable in the international market.
Answer:
Economical thickness is 3.823 units
<u>Explanation:</u>
Insulation Annual Cost=2000+650t
Energy cost of heat loss=19000*(t) ^ (-0.5)
Total annual Cost=2000+650t+19000t ^ (-0.5)
<u>We need to find optimum value of thickness such that Total annual cost is minimum.</u> Therefore, we have dC/dt=0 and d^C/dt^2>0
Equation 1)
...........dC/dt=650-9500t^-1.5
Equation 2)
...........d^C/dt^2=4750t^-1.5
<u>For 1) </u>we have 650-9500t^(-1.5)=0
650/9500=t^-0.5
190/13=t^0.5
t=3.823 units
Hence, if we check for obtained value of "t" we have second order condition met then
d^2C/dt^2=4750*(3.823)^(-1.5)=635.4584551>0 by the way for any value of "t">0 we will suffice second order condition
Hence, economical thickness is 3.823 units
Answer:
6.5%
Explanation:
Initial investment= $809100-$22900
= $786200
Annual incremental net operating income= $141500-$89900
=$51600
Therefore, the formular for simple rate of return is:
Annual incremental net operating income/ Initial investment
= $51600/$786200
= 0.065×100
= 6.5%
Thus, the simple rate of return on the investment is closest to 6.5%