The answer is "consumerism or consumption".
Consumerism refers to a social and financial order and belief system that empowers the obtaining of merchandise and enterprises in regularly expanding sums. With the industrial revolution, however especially in the twentieth century, large scale manufacturing prompted a financial emergency: there was overproduction, the supply of products would develop past buyer request, thus makers swung to arranged out of date quality and publicizing to expand buyer spending.
Answer:
Explanation:
Demand in business is the desire of consumers to purchase goods and services at the given prices.
Yearly payments, P = $3,600
Annual discount rate, i = 8% = 0.08
Number of years, n = 12
Present value (PV) when payments are done at done the beginning of each year:
PV = P+P[1-(1+i)^-(n-1)]/i = 3,600+3,600[1-(1+0.08)^-(12-1)]/0.08 = $29,300.27
Present value (PV) when payments are done at the end of each year:
PV = P[1-(1+i)^-n]/i = 3,600[1-(1+0.08)^-12]/0.08 = $27,129.88
The difference between the two values = $29,300.27 - $27,129.88 = $2,170.39
Answer:
The correct answer is: 36 months or 3 years.
Explanation:
The Department of Treasury Circular 230 establishes the regulations for all those professionals who represent individuals before the Internal Revenue Service (<em>IRS</em>) such as <em>lawyers </em>and <em>accountants</em>. In section 10.29 there is a retention requirement in front of conflict of interest that implies waivers or consents to be retained by the tax professional for <em>3 years post-representation</em> and made available to the IRS if requested.
Answer:
the social cost of production exceeds the private cost of production.
Explanation:
The cost of natural resources for which the firms are not required to pay, for example, river, lake, atmosphere, etc. The use of public utility services such as roadways, drainage systems, etc. The cost of 'disutility' created through pollution (air, water, noise, environment).