<span>The permanent income is the factor most needed to understand how much can be bought. This figure gives a relative basis for figuring out the average amount of goods and services a person can purchase over a given time frame. The larger the permanent income, the larger the basket of goods and services available to them.</span>
Answer:
This is product differentiation
Explanation:
I'm just a smart guy
Answer: Pay the X amount of a service or prescription that is not covered by insurance.
Explanation:
Answer:
b. equivalent units of output.
Explanation:
In the production process there are various kind of inventory, that is raw material inventory, work in process and then the finished inventory.
Thus, there is this equivalent units concepts which calculates the completed units that would have been produced in case of no work in process.
Thus, when we use FIFO method and we want to calculate the unit cost of materials assuming inventory of raw material is also added in stages rather than completely adding it as a first step itself, the correct equation = Total cost of materials/equivalent units of output.
Answer: 10%
Explanation:
The Capital Asset Pricing Model or CAPM for short can be used to calculate expected return in the following manner,
Expected return = Rf+B(Rm-Rf)
Rf = Risk free rate
B = Beta
Rm= Market return.
Plugging the figures in we have
Expected return = Rf+B(Rm-Rf)
= 0.04 + 1(0.1 - 0.04)
= 0.1
= 10%