Answer:
$894,336
Explanation:
The computation of the present worth of two contracts is shown below:
= (Stable income × PVIFA at 3 years for 10%) + (Signed amount × PVIFA at 2 years for 10%) × PVF at 3 years for 10%
= ($260,000 × 2.4869
) + ($190,000 × 1.7355
) × 0.751314801
= $646,594 + $329,745 × 0.751314801
= $894,336
Refer to the PVIFA table and the discount factor table so that the correct amount could come
Answer: the substitution bias
Explanation: The substitution bias shows the tendency of consumers of buying less costly good in place expensive one.
In the given case when the price of apple rises and the price of oranges falls then the consumer will purchase more of the oranges. In such a scenario the index will rise showing that the good which was purchased earlier by the consumers has risen however in the real world the consumer shave sifted their demand to a less expensive product.
Thus, it will lead to overstatement of substitution bias.
Answer:
d. None of the above
Explanation:
When we organized our firms along the functional lines, we will separate our workers into different groups or divisions based on their specific set of skill. After that , each groups/divisions are only required to handle one specific part of operation and let the other groups/divisions handle the other part.
When this happen, workers will develop a strong functional expertise in their specific task but they can;t really communicate and share information with other groups.
When they're conditioned to do the same task over and over again, the workers will become much more efficient in doing that task as the time progress. This mean that the scale of their productivity will increase (exploitation of economies of scale.)
Explanation:
हिन्दी में सुनें
Listen in English
A deduction from adjusted gross income for yourself, your spouse, and qualified dependents is: an exemption. The Form 1040 is most helpful to a person who: itemizes deductions