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Lyrx [107]
3 years ago
15

A good or service is said to be scarce when:

Business
1 answer:
Rainbow [258]3 years ago
5 0

a. at a price of zero, there will not be enough to satisfy everyone's desire for it.

A good or service is said to be scarce when at a price of zero, there will not be enough to satisfy everyone's desire for it. Scarcity is one of the pillars of economy as basically it says that we do desire certain goods because they are scarce, otherwise we are not interested in those goos as much as when they are scarce.

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natali 33 [55]

Answer:

a. My question will be to ask them "do you have life insurance?"

Life insurance is defined as a form of indemnity against a future occurrence on the life of an individual . In any case of death, the insurance policy pays a sum of money to the beneficiary.

b. The answer i will be looking for in a skydiving mate will be an individual that has life insurance. This is because an individual with life insurance will be more careful.

4 0
3 years ago
This type of credit is described as a specific amount of money that typically includes
Tamiku [17]

Answer:

Installment

Explanation:

In installment credit, the borrower makes periodic, fixed, and scheduled loan repayments. The loan has a set timeline by which it ought to be fully repaid. The periodic repayments( installments) are mostly monthly. The installment amount is predetermined and includes the principal amount and an interest component.

Every installment payment reduces the loan balance. The borrower continues making payments until the entire loan is repaid. Installment contrasts with revolving loan type. Under the revolving loan, the lender sets a loan limit for the borrower. The borrower can borrow as many times as long as they are below the set limit.

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3 years ago
Almendarez Corporation is considering the purchase of a machine that would cost $150,000 and would last for 5 years. At the end
vodka [1.7K]

Answer:

b. $(3,063)  

Explanation:

This can be calculated as the present value of a cost-saving project, with rate of return equal to 13%. In the table, its the cash flow (in thousands of dollars)

Item/Year                    0            1          2         3        4         5

Cost-savings                           39       39       39       39       39

Salvage value                                                                       18

Purchase                  -150

TOTAL                      -150        39       39       39       39       57

With these cash flows, we can calculate the present value discounting at the rate of return of 13%:

PV=\sum_{k=0}^5CF_i(1+i)^{-k}\\\\PV=-150,000/1.13^0+39,000/1.13^{-1}+39,000/1.13^{-2}+39,000/1.13^{-3}+39,000/1.13^{-4}+57,000/1.13^{-5}\\\\PV= -150,000+34,513+30,543+27,029+ 23,919  +30,937 \\\\PV=-3,058

The present value is closest to Option b. $(3,063)  

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At your age (assume 20) you can assume that you will live to be 100. If you graduate at 23 and start to work, you can expect to
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Which of the following has a very low success rate in the market?
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Success rate is when at rate is bigger than the other

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