Answer:
produce a profit
Explanation:
<u>Price</u> refers to the amount of money that is paid by one party to another to acquire a particular commodity or in return for unit of commodities. Some of the factors that determines the price of a commodity include cost of production, product demand, product supply, targeted profit, and among others.
A <u>profit</u> is the amount earned from selling a commodity minus the amount expended to purchase, operate, or produce the commodity.
The primary aim of an entrepreneur is to make a profit, and price setting is one of the important activities that influences a profit. Since the higher the price, the higher may be the profit. However, a higher price may also dicourage customers from buying a product and then reduces profit.
Therefore, setting prices for products and services requires entrepreneurs to balance a multitude of complex forces as entrepreneurs determine prices for their goods and services that will draw customers and <u>produce a profit</u>.
Answer:
FV= $12,818.4
Explanation:
Giving the following information:
You are hoping to buy a new boat 3 years from now, and you plan to save $4,200 per year, beginning one year from today. You will deposit your savings in an account that pays 5.2% interest.
To calculate the future value we need to use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
FV= {4,200*[(1.052^2)-1]}/0.052 + 4,200= $12,818.4
Answer:
The answers are:
- A) Government tax revenue minus the sum of government purchases and transfer payments to households.
- B) a budget surplus
Explanation:
The formula to calculate public saving is (T - G - TR).
- T stands for all the government revenue through taxes and tariffs.
- G stands for all the government spending including purchase of goods and provision of services.
- TR stands for all the government transfers including payments to individuals and households through social programs (including social security).
Budget surplus is the same as public saving.
Answer:Rational expressions are fractions that have a polynomial in the numerator, denominator, or both. ... There are no numbers that can do this, so we say “division by zero is undefined”. ... Find any values for x that would make the denominator equal to 0 by setting the ... Answer. The domain is all real numbers except −9 and 1.
Explanation:
Answer:
The correct answer is letter "D": it is easy to use because of its unifying goals.
Explanation:
In marketing, the transnational strategy is used by multinationals when there is a need to apply a differentiated advertising method across the diverse countries where the firm has operations. In each country where the company is the products are provided with features characteristic of the region's consumer patterns and expectations.
Therefore, <em>the transnational strategy is not an easy task since it involves hiring qualified personnel with knowledge on each domestic market where the business is.</em>
