Not speaking the same language
Confidence
Someone not understanding the topic fully
Someone who is not parpared
Someone who is close minded to others ideas
Not tell the whole truth or the full story or arrangements
Answer:
Transaction cost
Explanation:
Transaction cost is the cost that is typically in money or time format. It is the cost involved in the context of time or money when a decision is made or an agreement has been reached.
So according to the given situation, there is an excessive amount of time or money spent on parties so that it could be reached to an agreement
Therefore it represents the transaction cost
Answer:
He will have $102,979 in his retirement account in 10 years.
Explanation:
Annual Payment = $2,000
Number of Year = n = 10
Interest rate = i = 5%
Compounded Quarterly
Future value after 10 years
FV = A [ ( ( 1 + ( r / m )^mt ) - 1 / ( r / m )
FV = $2,000 [ ( ( 1 + ( 0.05 / 4 )^40 ) - 1 / ( 0.05 / 4 )
Future value = $102,979
So, Ira Schwab will have $102,979 in his retirement account in 10 years.
Answer:
Explanation:
The analog TV sets demand will be affected because consumers will no longer buy analog TV sets because of the new decision. If there are no consumers to buy this good the demand curve will shift to the left.
The analog TV sets producers will know that consumers are not longer interested in this good and they will reduce the quantities they produce because if they remain with the same production quantities it is possible that no one buys a portion of them.
Also, it is possible that the people that owns an analog TV set will sell them because they know that in the future TV stations will stop broadcasting their programs in analog. If we sum both effects, the total supply will be reduced but not in the same proportion, the shift magnitude will be less but still the supply will shift to the left.