Answer:
the present value of a growing perpetuity is $2,060
Explanation:
If a cash flow is growing at a constant rate, then we call this a growing perpetuity.
Present Value = PMT ( 1 + g) ÷ (r - g)
where,
g = constant growth rate
= 0.03
r = discount rate
= 0.08
Then,
Present Value = $100 (1,03) ÷ (0.08 - 0.03)
= $2,060
Answer:
Global warming describes the current rise in the average temperature of Earth’s air and oceans. Global warming is often described as the most recent example of climate change.
Greenhouse gases, such as carbon dioxide, methane, nitrous oxide, and certain synthetic chemicals, trap some of the Earth's outgoing energy, thus retaining heat in the atmosphere. This heat trapping causes changes in the radiative balance of the Earth—the balance between energy received from the sun and emitted from Earth—that alter climate and weather patterns at global and regional scales.
So I am not sure what is your topic about but this is the definition of global warming and greenhouse gases
Answer:
Rationality assumptions state that people do not knowingly take the decisions that may incur a loss to them. These are the decisions taken on the self-interest and self-motivation of the decision-maker.
Bounded rationality basically tones down a lot of the assumptions that go into homo economicus. Satisficers are a more diverse bunch, with unique tastes and preferences that change over time. Satisficers are not particularly good at making consistent decisions or predicting the consequences of their choices. They often decide things, not out of calculated self-interest, but for other reasons, social norms, ethics, fairness, love, peer pressure, and so on. Sometimes they even decide things on a whim, with little or no thought of the consequences.
Explanation: The assumption of bounded rationality suggests that people might use rules of thumb to guide their decision making because people can not examine every possible choice available to the. While the; rational choice theory states that individuals rely on rational calculations to make rational choices that result in outcomes aligned with their own best interests.
Answer:
Seller Janet delivers a disclosure statement to Buyer Amanda. Amanda reads it over and decides everything looks good enough to continue with the purchase. A few weeks later, a major hail storm damages the roof and now it leaks. The original disclosure is no longer accurate and the statement which is false:
- Amanda can require Janet to replace the roof.
Explanation:
- Amanda can not require Janet to replace the roof as it was not mentioned in the disclosure statement. The things she can ask the Janet to do are:
- Janet should amend the disclosure statement and deliver it to Amanda.
- Janet can correct the damage to the roof and tell Amanda nothing.
- Amanda can rescind the purchase agreement within three business days after she receives an amended disclosure.
Businesses have a moral obligation that must be politically enforced.
Explanation:
Businesses working from profits often use indiscriminate measures to garner profits for themselves while using their capital as economically as they can.
This includes the exploitation of workers. To counter this, we have trade unions.
Similar is the situation for conservation<u>. Environmental issues indirectly affect the whole population of the country and every company has a part in it. Hence environmentally secure sanctions need to be put in place even if it eats into the company's profits.</u>