Answer:
A System
Explanation:
Novak is referring to a system. A system is a complex union of several interrelated parts that have different specific functions, but share a common goal, and a more or less common mechanism.
Society is a system, a computer as well. Firms are systems, they have different parts: employees, stockholders and management that have specific functions but work together toward a common goal: generating revenue.
Answer:
At 1.783 or more, the conversion yield better gain than sales the corn
Explanation:
The ethanol conversion become attractive if the cost for doing the conversion are lower than the sale revenue for the product.
<u>total cost: raw materials + conversion cost</u>
corn price: $ 3.75
conversion cost: $ 1.60
Total cost: $ 5.35
<u>output: gallon of ethanol per bushel</u>
3 gallons of ethanol per bushel
total cost / output = 5.35/3 = 1.783 cost per gallon
Answer:
a single firm producing a product for which there are no close substitutes.
Explanation:
A pure monopoly is a single supplier having a market or industry i.e. defined. The firm should be considered as an industry also in this there is no competitor or any subsitution existed. It can be arise at the time when the market share of the one firm is more than 90%
So as per the given situation, the above represent the answer
Answer: 1. Convertible bond
2. Putable bond
3. Purchasing power bond.
Explanation:
The $100,000 investment is a convertible bond. This is a fixed-income debt security which yields interest payments. It should be noted that it can also be converted to equity shares or common stock.
Nazeem should pick a putable bond. This is because the puttable bond has a put option that is embedded ans he can also demand his principal to be paid early.
Nazem also recently bought bonds that have their interest rate tied to the consumer price index (CPI) so that he will be protected if inflation rates increase. Nazem has invested in purchasing power bond .
Answer:
100,000
Explanation:
Given that
Approximately frauds = $10 million
Profit margin = 10%
And the sale value of the product per unit = $1,000
So by considering the above information, the additional units is
= Approximately frauds × Profit margin
= $10 million × 10%
= 100,000
So by multiplying the approximate frauds with the profit margin we can get the additional units
