The current value of the payment which is $1000 will be:
A=P(1+r/100)^-n
P=1000
r=5 %
n=1
A=1000(1+5/100)^-1
A=1000/1.05
A=$952.38
The first payments of $1000 is worth $952.38 today. The value of the second $1000 is worth:
A=1000(1+0.05)^-2=907.02
today
Answer:
Q=120−4P
Explanation:
putting P = 20 we get
q= 40
we know that elasticity is quantity demanded / price
20
40
=2
hence the correct option: D
Answer:
$59, 768.7
Explanation:
The ROS (Return on sales) of a company is a ratio used to evaluate a company's operations to how much profit they make per dollar of sales.
Since the company's goal is to increase sales by $417,963 this year they would need to reduce their logistics cost.
We use the formula
ROS =
Operating profit / (Net sales or expected Net sales)
We therefore substitute the formula:
The Operating profit= ROS X Net sales expected
14.3% x $417, 963 = $59, 768
Answer:
The <u>gig economy</u> is a flexible market that allows you to work short-term.
Explanation:
The gig economy is a market in which temporary jobs are offered for a specific period of time. This refers to working as a freelancer taking specific activities without a job contract or working exclusively for that organization. According to this, the answer is that the gig economy is a flexible market that allows you to work short-term.
Well honestly, markets are how people function; markets don’t function, people do.
We speak of the “functioning of markets” as a shorthand, a figure of speech because abstracting human behavior to the behavior of a system is useful, as long as we don’t forget that it is an abstraction and not a real thing.
This is the same when we speak of “the roar of the crowd” even though people roar, not crowds. It just takes too long to write “the noise of the people in the crowd roaring at the same time”.
It is easier to write “the functioning of the market” than “what happens as people interact with each other.” Markets are the interactions of people .
So, do people behave and interact the same way around the world? Obviously not. Are the results the same? Yes they are: people serve each other and, in the process, create wealth. But both wealth and service vary by culture.
If that makes sense... anyway, have a nice night!
~Brooke❤️
