Your loan servicer, or you could go to a financial aid website and go to the help/contact section, you may get a more straightforward answer from a professional
Answer:the quantities of some factors of production are fixed; the quantities of all factors of production can be varied - D
Explanation:
In the short run, some factors of production are fixed, which is usually the capital. Therefore for a company to increase output, it would need employ more workers, but would not increase capital.
Therefore in the short run, we can get diminishing marginal returns, which may cause marginal costs to start increasing quickly.
Also, in the short run, prices and wages fall out of equilibrium because a sudden rise in demand may lead to higher prices, and companies may not have the the capacity to respond and increase supply.
Long run
In the long run, usually greater than 6 months, all main factors of production are variable. The company has time to build a bigger one making it respond to changes in demand which means that a sudden rise in demand, would have a complimentary increase in supply to meet the demands and prices can be adjusted.
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Answer:
<u>The present value of the loan is $45,297</u>
Explanation:
Instalment (A)= $9,000.00
PV factor (B)= 5.033
Present value of loan (A x B)
=$ 45,297
1) 40 x9=360 that’s how much he should have earned. £360 - $332.46 = $27.54 that’s ur answer
Answer:
Cash Flow Probability Expected value
$3,840 0.4 $1,536
$5,280 0.2 $1,056
$8,110 0.3 $2,433
<u>$10,370 0.1 $1,307</u>
total 1 $6,332
a) the expected value of each yearly cash flow is $6,332
b) the present value of the expected cash flows = $6,332 x 3.5172 (PV annuity factor, 13%, 5 periods) = $22,270.91 ≈ $22,271
the NPV = -$24,500 + $22,271 = -$2,229
c) Debby should not buy the equipment since the project's NPV is negative.