Answer:
At the most basic level, economics attempts to explain how and why we make the purchasing choices we do.
Explanation:
this was a answer from my school
Answer:
d. Project X
Explanation:
For Project X
Year Net cash outflow Net cash inflow Balance
0 -$77,000 -$77,000
1 $28,000 -$49,000
2 $28,000 -$21,000
3 $28,000 $7,000
4 0 $7,000
Payback period = 2 + $21,000 ÷ $28,000
= 2 + 0.75
= 2.75 years
For Project Y
Year Net cash outflow Net cash inflow Balance
0 -$55,000 -$55,000
1 $2,000 -$53,000
2 $25,000 -$28000
3 $25,000 -$3,000
4 $20,000 $17,000
Payback period = 3 +3,000 ÷ 20,000
= 3 + 0.15
= 3.15 years
Project X has a lesser than 3 year payback period. So, the correct option is D
Answer:
The correct answer is (A)
Explanation:
Every individual has a different sense of thinking and perceiving things and moments. Perceiving things is all about judging, observing and percipient. IN that regard, two people having the same experience can perceive things differently. People interpret things based on their perceptions. Perception can change through experience and knowledge. So, an important factor which shape perception depends on perceivers.
Answer:
60%
Explanation:
The answer is already given that ANY given month of the year, they have a 60% chance of making profits. The probability wont change since its a constant fact and unless their business improved or something tipped the scales to their favor then the probability is always 60%
Answer:
All options except A
Explanation:
All the options except productivity (option A) will shift the production possibility curve (PPC) inward.
The factors that shift the PPC inward are; decline in labor demand (increase in unemployment), decrease in capital and technology backwardness.
Unemployment increases during economic recession and increases during economic boom. Recession occurs when there is a decline in aggregate demand; and a decrease in aggregate demand forces businesses to cut jobs, which shifts the production possibility curve inward.
Increase in the price of raw materials elevates the cost of production and the ability of the producer to produce more. Thereby reducing output, hence an inward shift of the PPC.
Mis-allocation of resources causes the business to produce less than its optimum capacity, hence a reduction in output and an eventual inward shift of the PPC.
A natural disaster leads to economic crunch and a decline in aggregate demand, hence an inward shift of the PPC
