Answer:
PV= $248,368.53
Explanation:
Giving the following information:
Future Value (FV)= $400,000
Number of periods (n)= 5
Interest rate (i)= 10% = 0.1
T<u>o calculate the present value (PV), we need to use the following formula:</u>
FV= PV*(1í)^n
Isolating PV:
PV= FV/(1+i)^n
PV= 400,000 / (1.1^5)
PV= $248,368.53
Answer:
Explanation:
From the given information:
The average wage is expected to be paid to both workers since it is difficult tot distinguish between the two types.
w_s = 10
w_N = 20
ω_s = 2.5y
ω_N = 2y
proportion of N types (λ) = 0.25
proportion of S types (1-λ) = 0.75
Thus, the pooling wage = λ_Nw_N + λ_Sw_S
= (0.25 × 20) + (0.75 × 10)
= 5.0 + 7.5
= $12.5
(b)
The separating equilibrium can be computed as follows:
N-type ( High type) : w_N- w_S > ω_N
= 20 - 10 > 2y
2y < 10
y < 5
For an S-type (low type); the cost of education needs to be greater than the increment in wages if the education is acquired.
w_N- w_S > ω_S
If education is acquired, S-type will get wages as of N-types
Thus;
20-10 <2.5y
10 < 2.5y
y > 4
Hence, the value of y= (4,5)
Answer:
The arguments that can be used to correctly defend the WTO's position on retaliatory tariffs are:
Convincing the government to impose antidumping duties is less costly than facing fair competition.
Accusing foreign firms of dumping is less costly than producing goods competitively.
Explanation:
A government can impose anti-dumping duties on certain imports when it believes that the prices of the imports are below their fair market values. Truly, some exports have been found to export goods at prices significantly below their domestic market prices. Dumping shows that the export prices may even be below their production costs.
Answer:
Answer is: ( ii ) and ( iv ) only.
Explanation:
In a perfectly competitive market , the process of entry and exit will end when the price equals minimum average total cost, resulting to zero economic profits at this point.
<em>Please note that the labeling of your options are not too clear, so pick the option that my answer correlates with. </em>
The network that allow us to record the environmental changes in a building is the wireless sensors
Explanation:
Changes in the environmental factor is the main reason for the varying changes in the climatic conditions and global warming so constant check of the environment is necessary and this is done by using the wireless sensors
The changes in each zone of a building can be measured by using these sensors and they help to maintain the healthy conditions and maintain the environment more comfortable since they measure everything like the carbon dioxide the temperature and the humidity