A person who is the exclusive owner of a business, entitled to keep all profits after tax has been paid but liable for all losses ; a sole trader.
Answer:
For Option 1:
Cost = $175
Variable Cost = $0.20
For Option 2:
Cost = $350
Variable Cost = $0.09
A).
Volume demand would be same at
175 + x × 0.20 = 350 + x × 0.09
175 + 0.20x = 350 + 0.09x
0.20x – 0.09x = 350 – 175
X = 175/0.11
X = $1590.9
B).
Total cost at this break-even volume is
For option 1:
= $175 +1590.9 × 0.20
= $493.18
For Option 2:
= $350 + 1590.9 × 0.09
= $493.18
The correct answers are B) as inflation rises, the buying power of the fixed pension plan will not be able to keep up if the same fixed income is earned in 1990 as it was in 1980. And C) inflation will have dramatically increased living expenses and it will be difficult to maintain the same purchasing power.
An increase in inflation above expectations will affect the worker's purchasing power in retirement in the following ways: as inflation rises, the buying power of the fixed pension plan will not be able to keep up if the same fixed income is earned in 1990 as it was in 1980. Also, inflation will have dramatically increased living expenses and it will be difficult to maintain the same purchasing power.
That is the problem with pensions. When people retire from work, they will receive a fixed amount of money on a monthly basis. But inflation is always a factor that makes prices to be higher. So if the income level of the individual stays the same, inflation will limit is purchase capacity because the person will still receive the same pension although the prices of products and goods could dramatically change in the case of an increase in inflation above expectations.
The first computer with the chess playing program is called the Deep Blue. It was built by IBM during 1996. It defeated the world champion G<span>arry Kasparov in a six-game match with a score of 4-2. It can reach more than 450 points than a human chess player.</span>
Answer:
The principle of conservation of charge states that the net charge of an isolated system remains constant during any physical process.