Okay so...
.85/330 and 1.29/500
(Brand A) .0025757575757... and (Brand B) .00258
So it's Brand A (as shown above).
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Same way to solve...
3.75/75 (Brand A) and 5.90/125 (Brand B)
.05 and .0472
So Brand B is the cheapest (Again with explanation above).
Answer: Objective
Explanation:
According to the given question, the company is only sets the main target on the basis of given requirement but does not provide any other details.
So, this organizational goals is known as the objective goals as it sets the main effective objective without providing any other details.
The main purpose of the objective goals is to developing the main policies related to sales and progress in an organization by setting the main aim of the company. Therefore, Objective is the correct answer.
Answer:
SUBSTITUTION BIAS
Explanation:
Substitution bias occurs when a customer decides to purchase a substitute of a good after the prices becomes cheaper than the goods they normally purchase. It rises as a problem in price index due to the fact that customers/buyers can decide to change or substitute goods at an instant because of changes in prices. In situations like this, customers tend to avoid the whole increase in prices by changing to cheaper substitutes. Substitution generally is a consumer changing or substituting an expensive product for a cheaper one due to changes in prices. This usually leads to inflation rate been overestimated or overstated.
Answer:
A) The policy would provide a maximum of $100,000 for each person who was injured, and no more than $300,000 for total injuries of all parties in the accident.
Explanation:
The auto liability insurance policy held by the driver is an example of a split limit liability insurance. The split limit insurance of 100/300/50 is explained thus:
$100,000 - bodily injury liability insurance per person
$300,000 - Total bodily injury liability insurance per accident
$50,000 - Property damage liability per accident.
Answer:
The most I could pay for the investment is $12,960.09
Explanation:
The maximum a rational investor could pay acquire an investment is the present value of all future cash flows receivable from the investment.
In the case, the present of all cash flows is calculated thus:
Years Cashflows [email protected] 12% PV
1 5000 0.892857143 4,464.29
2 5300 0.797193878 4,225.13
3 6000 0.711780248 4,270.68
Total of present values 12,960.09
The discounting factor is calculated using the formula :
1/(1+r)^n where r and n are rate and number of years respectively.
