Answer:
Option C is the correct answer - the adoption curve shows that some groups accept a new idea before others.
Explanation:
The innovation adoption curve matches the entry of users into various categories. It is used to separate customers based on their readiness to accept new technology or an idea.
Normally, the first set of people to adopt the new idea or the technology are the innovators.
Therefore, option C is the correct answer - the adoption curve shows that some groups accept a new idea before others.
Answer:
$200 million
Explanation:
Increase in the total value of checkable deposit is determined by the money multiplier
Money multiplier = amount deposited /required reserve requirement
Required reserve requirement is the percentage of deposits required of banks to keep as reserves by the central bank
$40 million / 0.2 = $200 million
Answer:
c.$20,140
Explanation:
Net present value is the Net value all cash inflows and outflows in present value term. All the cash flows are discounted using a required rate of return.
Initial investment in the machine is the cash outflow and the net cash flows are the values that are used for Net present value.
Net Present Value = Present value of net cash flows - Initial Investment
Net Present Value = ( 95,000 x 4.212 ) - $380,000
Net Present Value = $400,140 - $380,000
Net Present Value = $20,140
Answer:
its demand increases and when the price of a commodity rises,
Explanation:
demand decreases other things remaining constant.
Answer:
CPI for 2016 = 100
CPI for 2017 = 110
Inflation rate in 2017 = 10%
Explanation:
Before finding Consumer Price Index (CPI), we have to calculate the market basket cost price for each year
2016 market basket cost price =
Cauliflower = $250
Broccoli = $100
<u>Carrots = $250</u>
Total cost = $600
2017 market basket cost price =
Cauliflower = $210
Broccoli = $180
<u>Carrots = $270</u>
Total cost = $660
We know, CPI = (Cost of market basket in a given year ÷ Cost of market basket in a base year) × 100
As 2016 is the base year, CPI for 2016 = ($600 ÷ $600) × 100 = 100
CPI for 2017 = ($660 ÷ $600) × 100 = 100 = 110
Again, we know, Inflation rate using the CPI = [(CPI for current year - CPI for previous year) ÷ CPI for previous year] × 100
Therefore, Inflation rate using the CPI = [(110 - 100) ÷ 100] × 100 = 10%.