Answer:
$83254.25
Explanation:
The formulae is nothing but the value factored to today
=(100)+(1000/(1+4%)^1)+(100000/(1+4%)^5)
=$83254.25
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The rate of increase for these automobiles between the two time periods is <span>75 percent.
Below is the solution:
</span><span>($28,000 – $16,000) / $16,000 = .75 (75 percent)</span>
Answer:
The correct answer is c. Greenman v. Yuba Power Products, Inc.
Explanation:
Judicial recognition of the non-contractual nature of the producer's objective liability takes place in a well-known judgment pronounced with the unanimous vote (supporting the vote of Judge Traynor) of the members of the Supreme Court of the State of California, relapsed in the Greenman v case. . Yuba Power Products Inc. From this moment on, the objective nature of the producer's responsibility is clearly accepted without resorting to fictions or the "contractual mask" to which Prosser alludes when he directs his criticisms of the "guarantee" theory by postulating in its linking a pure theory of objective responsibility.
Answer:
there will be fewer labor hours purchased by employers than at the equilibrium wage. none of the above
Explanation:
Equilibrium in economics means balance. Equilibrium wage rate refers to the market wage rate where the quantity of labor supplied matches the labor demanded. It is the wage rate that employers are willing to pay, and workers are ready to accept each hour of labor. The equilibrium wage represents the intersection of labor demand and supply curves.
If the wage is set above the equilibrium rate, it will force employers to pay more than they are willing. Employers will be paying more to workers than the value they are receiving. The hiring of many workers will be uneconomical. Employers will hire fewer workers to keep their costs down.