Answer:
C. low-income countries characterized by limited industrialization and stagnant economies
Explanation:
Emerging markets are economies of developing countries. They are traditional economies based on the export of raw material and subsistence agriculture. Emerging markets are trying to move away from these types of economies by investing in manufacturing and adopting mixed economy models. Emerging markets are transitioning from low income and less developed to industrialized economies with higher standards of living.
Lower than average per capita income characterizes emerging markets. They also experience moderate economic growth compared to the developed economy. However, emerging markets are presenting investors with an opportunity for high returns due to their rapid growth.
After n years, the deposit made at birth will have a value equal to;
FV1 = C(1+r)^n = 1000(1+0.018)^n = 1000(1.018)^n
After n years, the yearly deposits made at every birthday will have a value equal to;
FV2 = P{(1+r)^n-1}/r = 750{(1+0.018)^n-1}/0.018 = 41666.67 {(1.018)^n-1} = 41666.67 (1.018)^n -41666.67
Total FV = FV1+FV2 = 1000(1.018)^n+41666.67(1.018)^n-41666.67 = 42666.67 (1.018)^n - 41666.67
Answer:
$66,000
$304,000
Explanation:
The computation is shown below:
Total implicit cost is
= Job left cost + forgone the return on investment
= $60,000 + $100,000 × 6%
= $60,000 + $6,000
= $66,000
And, the total cost is
= explicit cost + implicit cost
= $50,000 + $180,000 + $8,000 + $66,000
= $304,000
We simply applied the above formulas so that the correct values could come
Answer:
an indeterminate effect on equilibrium quantity and a fall in equilibrium price.
Explanation:
A normal good is a good whose demand increases when income increases and falls when income falls.
If income falls and the good is a normal good, demand would fall. This would lead to a fall in price and quantity.
If cost of input falls, the cost of production would fall and supply would increase. This would lead to an increase in quantity and a fall in price.
The combined effect would an indeterminate effect on equilibrium quantity and a fall in equilibrium price.
I hope my answer helps you
