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ehidna [41]
2 years ago
11

What role of government do you think is the most important from an economic perspective and why?​

Business
1 answer:
GuDViN [60]2 years ago
3 0

Answer:

Governments provide the legal and social framework, maintain competition, provide public goods and services, redistribute income, correct for externalities, and stabilize the economy. ... Over time, as our society and economy have changed, government activities within each of these functions have expanded.

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Assume there must be one-to-one matching between consultants and projects. For the optimal schedule, what is the total number of
katrin2010 [14]

Complete Question:

The president of a consulting firm wants to minimize the total number of hours it will take to complete three projects for a new client. Accordingly, she has estimated the time it should take for each of her top consultants-Charlie, Betty, Johnny, and Rick-to complete any of the three projects, as follows: Project (Hours) Consultant Charlie 16 11 13 Betty 15 14 18 Johnny 22 12 15 Rick 17 12 22 Assume there must be one-to-one matching between consultants and projects. For the optimal schedule, what is the total number of hours it will take these consultants to complete these projects? Options: 46 hours, 61 hours, 53 hours, 54 hours, 50 hours

Answer:

For the optimal schedule, the total number of hours it will take these consultants to complete these projects is:

54 hours

Explanation:

a) Data and Calculations:

                                        Project (Hours)

Consultant             A            B            C          D   Project assignment

Charlie                   13           16           11          13    Charles takes C for 11      

Betty                       11           15           14         18    Betty takes A for 11

Johnny                   15          22          12         15    Johnny takes D for 15

Rick                        17           17           12         22   Rick takes B for 17

Minimum hours     11            15          11          13    Total hours taken 54

b) To achieve optimal schedule, Consultant Betty should take project A, spending 11 hours.  Consultant Charlie should take project C for 11 hours.  Consultant Johnny should take project D for 15 hours, while Rick takes project B for 17 hours.  This gives a total of 54 hours spent on the four projects.

8 0
3 years ago
A new investment opportunity for you is an annuity that pays $550 at the beginning of each year for 3 years. You could earn 5.5%
faltersainse [42]

Answer:

$1,565.48

Explanation:

This is an annuity due type of question since the recurring payments are made at the beginning of each year unlike Ordinary annuity whose payments occur at the end of each period.

With a financial calculator on beginning mode "BGN", use the following inputs to find the PV;

Total duration of investment; N = 3

Recurring payment; PMT = 550

Interest rate; I/Y = 5.5%

One time cashflows; FV = 0

then compute for Present value ; CPT PV = 1,565.476

Therefore, the most you should pay is $1,565.48

6 0
3 years ago
In its first 10 years a mutual fund produced an average annual return of 20.4420.44​%. Assume that money invested in this fund c
mr Goodwill [35]

Answer:

3.73 years or 4 years approx

Explanation:

The computation of the number of years taken for money invested for double is shown below:

As we know that

Amount = Principal × (1 + interest rate ÷ time period)^interest rate × time period

where,

We assume the principal be P

And, the amount is 2P

And, the other values would remain the same

So,

2P = P (1 + 0.2044 ÷ time period)^ 1  × time period

2 = (1.2044)^ time period

Now take the log both sides

ln2 = ln (1.2044)^time period

ln2 - time period ln (1.2044)

So,

time period = ln(2) ÷ ln (1.2044)

= 3.73 years or 4 years approx

3 0
3 years ago
I need a Christmas present for a 40-year-old man a 32-year-old woman a 9-year-old girl a 12-year-old girl and a 4-year-old boy
e-lub [12.9K]
What is the question??
4 0
2 years ago
If marginal cost becomes higher than price, what happens to a company
juin [17]
Increase price value profit becomes higher than price, what happens to a company
5 0
3 years ago
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