Answer:
Option (a) is correct.
Explanation:
According to the law of demand, there is an inverse relationship between the price of the product and the quantity demanded for that product. Hence, if there is an increase in the price of the good then as a result this will decrease the quantity demanded for the good and if there is a fall in the prices of the goods then as a result the quantity demanded for the goods increases.
Therefore, the change in the price level of the goods represents the cause and its effect is the change in the quantity demanded for the goods that a consumer want to purchase.
Answer: Promoters
Explanation:
A promoters is the person in an organization who start the corporate and manage the investors for the financial purpose. The promoters has ability to handle and also understand the actual requirement of the customers.
The main responsibility of the promoters is that they done all the necessary formalities regarding the organization investing registration and they also deal with the contracts in the business.
They also promote the company or organization by gain maximum project through the investing process.
Answer:
Explanation:
The effect of this policy will lead to both the leftward shift in the labor demand curve and the higher minimum wage will
lead to an increase in the unemployment rate because once the minimum wage increases, firms will have to pay higher salaries and this will lead to higher costs and therefore firms will retrench employees
Answer:
Option A
Explanation:
As per the uniform commercial code set by the appropriate government agency of America, delivery of any commodity whether tangible or intangible should take place at the business facility of the supplier. Such facility could be a warehouse or a shop etc. However this is a guideline and not a rule which must be followed.
Thus, from the above we can conclude that the correct option is A.
Answer:
$31,920,341.91
Explanation:
The computation is shown below:
For computing the receiving amount in 2052 first we have to determine the rate which is shown below:
Current value = Initial value × (1 + interest rate)^time period
$1,480,000 = $115 × (1 + interest rate)^114
So, after solving this, the interest rate is 8.654%
Now the received amount in 2052 is
= $1,480,000 × (1 + 0.8654%)^37
= $31,920,341.91
The time period is come from
= 2015 - 1901
= 114
And, the 37 years is come from
= 2052 - 2015
= 37
