Answer: Takeoff stage
Explanation: In Rostow's five-stage model of economic growth states various factors of the required economic condition necessary for that country to develop. One such stage is the takeoff stage. i.e.
Take-off stage states
(a)In this particular period Urbanization will increases.
(b)Industrialization proceeds as technological progress will take place.
(c) Secondary sector expands .
It should be also duly noted that during this stage,Textiles and apparel are usually the first "take-off" industry .
<u><em>Hence, a country where the manufacturing of both semi durable and non durable consumer goods has just begun. Also, the goods demanded relate to equipment and supplies to support manufacturing has reached the takeoff stage in Rostow's five stage model of economic growth.</em></u>
Answer:
B) there are many firms in the industry.
Explanation:
Firms that have no power to set price on its own are known as price takers.
An example of firms that are price takers are perfect competition.
In a perfect competition, there are many buyers and sellers of homogenous goods. Prices are set by the forces of demand and supply.
Because there are many sellers of homogenous goods, sellers cannot influence the price of their product. If they increase the price of their product, the quantity demanded would fall to zero.
I hope my answer helps you.
Answer:
finished cost = $200,000
inventory cost=$250,000
manufactured cost= $600,000
cost of good= beginning inventory+purchase during period cost- ending inventory
$600,000+$200,000-$250,000
$550,000
Answer:
6.14%
Explanation:
The rate of return for the date given in the question for the asset shall be determined through calculating Internal rate of return on this asset, which shall be calculated as follows:
Year Cash flow Present [email protected]% Present [email protected]%
0 ($7,250) ($7,250) ($7,250)
1 $750 $714.29 $681.82
2 $1,000 $907.03 $826.45
3 $850 $734.26 $638.62
4 $6,250 $5,141.89 $4,268.83
$247.7 ($834.28)
IRR=A%+[a/(a-b)*(B%-A%)]
A%=5%, a=$247.7 B%=10% b=(834.28)
IRR=5%+[247.7/(247.7+834.28)*(10%-5%)]
IRR=6.14%
