Answer:
C. Productivity increases.
Explanation:
Technology is the application of skills, knowledge which could be scientifically in solving problems, it can be in production of good and services.
Technology brings about automation, it saves time and provide efficiency in operation.
It should be noted that Productivity increases is an advantage of utilizing technology all over the world.
Answer:
Companies can achieve economies of scale by increasing production and lowering costs. This happens because costs are spread over a larger number of goods. Costs can be both fixed and variable. ... The larger the business, the more the cost savings.
Answer: d. 0.91%
Explanation:
Farmers Bank
Effective annual rate is calculated with the formula:
= (1 + Rate / number of compounding period in a year) ^ number of compounding periods in a year - 1
= ( 1 + 5%/4 quarters) ⁴ - 1
= 5.09%
Merchants bank's rate is already an annual figure so there is no need for conversion.
Difference is:
= 6% - 5.09%
= 0.91%
Answer:
Annual
Explanation:
The ANNUAL compounding periods will yield the lowest effective annual rate given a stated future value at year 5 and an annual percentage rate of 10 percent
Answer:
Profit= $25000
Explanation:
Giving the following information:
Tere are 100 business travelers who will pay $600 for a ticket while 50 vacationers will pay $300 for a ticket. T
There are 150 seats available on the plane.
The cost to the airline of providing the flight is $20,000.
Price= $300
Profit= ($300*150) - 20000= $25000
