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"Irrelevant" means not related or connected to something. The other examples may not be the best use of media but they are not necessarily irrelevant.
Answer: See Explanation
Explanation:
Your question isn't complete but let me help out. Let's assume that Scalpers bought the tickets for $90 each. To find profit, the formula to use is:
= Total revenue - Total cost
Total revenue will be:
= 8000 × $100
= $800,000
Total cost will be:
= 8000 × $90
= $720,000
Profit = Total Revenue - Total cost
= $800,000 - $720,000
= $80,000
Therefore, profit will be $80,000.
Answer:
If the interest rate is 6%,then selling the investment for $2,000 is a good deal.
If the interest rate is 10%, then selling the investment for $2,000 is a bad deal.
Explanation:
If the interest rate is 6% then compounded yearly for 10 years 1,000 should have a future value of
1000*1.06^10=1,790
SO if the interest rate is 6% then in 10 years the investment should have a future value of 1,790 and selling it for $2,000 is a very good deal as you are making more than 6% per year which is the interest rate.
Now if the interest rate is 10% the future value will be
1,000*1.1^10=2593
Now the future value is more than 2,000 which means that we will be earning less than the interest rate, which means it is a bad deal.
Answer:
this is true, Generally, stagflation is described as a condition of weak economic growth, high unemployment, and high inflation. Inflation as defined is a sustained increase in the general prices of goods and services. ... During a speech to Parliament in 1965, he coined the term "stagflation" with history since proving it can occur.
