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3 years ago

One of the main tools used by economists to measure the actual distribution of income in an economy is:

Business

1 answer:

vekshin13 years ago

7 0

Answer: Lorenz curve

Explanation:

One of the main tools used by economists to measure the actual distribution of income in an economy is known as the Lorenz curve.

The Lorenz curve Lorenz curve is a graph that shows the inequality witybrwgrds to the income and wealth distribution for a particular economy. The x-axis on the graph shows the population, while the y-axis shows the wealth.

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A bank agrees to lend via simple loan $100 today to Thomas. The agreement is based on that the yearly interest rate is 15%. If T

Ede4ka [16]

Answer:

$404,55 (cumulative) or $250 (american)

Explanation:

This explanation considers a cumulative interest rate in the simplest way. And american amortization system. Consider that there is also French and German systems which works differently depending on the way the loan reimbursed

Cummulative Interest Rate:

Consider this:

If Thomas had to return it in one year he would have to return $115 ($100+15%) which is equal to 100*(1+0.15)

Now, at the begining of the second year, his debt is $115, and at the end its $115+15% = 132,25. Which is equal 100*(1+0.15)*(1+0.15), this is equivalent to 100*(1+0.15)^{2}

The general formula for cummulative interest is C(1+i)^{n}

Where

C = is the loan amount [in this case: 100]

i = is the interest rate [in this case: 0.15]

n = is the number of periods until [in this case: 10]

American System

The american system is quite straight forward:

Thomas should pay $15 every year for 10 years, and with the last payment he should pay $115.

This is because in this system Thomas returns the capital (the amount of the loan) at the end; and each year he only pays the interest .

$15*10 + $100 = $250

7 0

3 years ago

A software company is weighing whether to release a new version of its software. The company can go ahead and release the versio

pentagon [3]

This is an example of vaporware where the company is planning to launch the software and will correct errors along with upgrades.

<h3>What is software?</h3>

A sequence of instructions, data, or programs used to control computers and perform certain activities is known as software. Applications, scripts, and programs that operate on a device are referred to as software.

Vaporware refers to products that are announced but never produced or officially cancelled. It is publicized months or years before it is supposed to be deployed with little information about its development available.

This strategy is useful as it stops customers to avoid switching to competitors' brands and products. These will help to create a buzz in teh market and helps in the retention of the customer.

Learn more about vaporware, here:

brainly.com/question/13078205

#SPJ1

8 0

1 year ago

ABC Company’s budgeted sales for June, July, and August are 14,800, 18,800, and 16,800 units, respectively. ABC requires 30% of

aleksandr82 [10.1K]

Answer:

The number of units to be produced in June and July is 16,000 units and $18,200 respectively

Explanation:

The computations are shown below:

Number of units produced in June

= Sale units + ending inventory units - beginning inventory units

where,

Sale units is 14,800 units

Ending inventory units = 18,800 units × 30% = 5,640 units

Beginning inventory units = 4,440 units

Now put these units to the above formula

So, the units would equal to

= 14,800 units + 5,640 units - 4,440 units

= 16,000 units

Number of units produced in June

= Sale units + ending inventory units - beginning inventory units

where,

Sale units is 18,800

Ending inventory units = 16,800 units × 30% = 5,040 units

Beginning inventory units = 18,800 units × 30% = 5,640 units

Now put these units to the above formula

So, the units would equal to

= 18,800 units + 5,040 units - 5,640 units

= 18,200 units

5 0

3 years ago

When building a business do you wait till you have enough products to sell then make a website and whatever, or do you just get

lord [1]

Answer:

Explanat

Remember, your skill at choosing that product or service is critical to your success. The most important thing you can do before deciding what to sell is to think. And the more you think about a product or service before you bring it to market, the better your decisions will be.

5 0

2 years ago

does mcdonald's franshicd have the same menu as McDonald’s? Like if deal happened with McDonald’s will the franchise serve the s

givi [52]

Answer:

Yes, the menu served at any McDonald's franchise will be exactly what you'd find in any other McDonald's outlet, franchise or not.

Explanation:

When businesses such as fast-food companies want to expand, one of the strategies available to them is the use of a Franchise method.

This involves permitting another company or individual to use its brand, intellectual properties, business system, and any other rights or properties of the parent company to trade in exchange for an initial fee as well as royalties whose sum is agreed by both parties.

The original company is usually called the franchisor and the new entrant the franchisee.

For this type of strategy to work, the franchisor must already have a strong brand, a tested business operating system that works and one that is easily replicable or scalable.

A franchise is not a franchise if it's services or operations differ from that of the parent company. So, whether it is the Franchisor or the Franchisee, the system, products, and services must look and feel the same everywhere one goes.

Cheers

5 0

2 years ago