Answer:
Compounding (Compound Interest)
Explanation:
Compounding (Compound Interest) refers to a process by which you earn interest not only on the money you directly invest but also on the interest you've earned in previous years.
Ex: $100 deposited @10% pa interest compounding annually for 2 years. Interest at 1st year end : 10% of 100 = 10 & Total Amount : 100 + 10 = 110. Interest at 2nd year end : 10% of 110 = 11 & Total Amount : 121 .
The above case shows how interest in 2nd period is calculated not only on principal amount $100, but also on $10 interest earned in previous period. So, interest in 2nd period is calculated as return percentage on 100 + 10 = 110.
Answer:
The correct answer is:
Producers, consumers.
In the context of agribusiness and the globalization of agriculture, the food chain is a way of understanding complex connections between agricultural producers and food consumers.
Explanation:
The globalization process of agriculture has allowed the agricultural world to expand in a more appropriate and faster way, since it has provided the necessary elements lacking in the past for a growing economy in this important field for humanity. The Globalization of agriculture has been acting like a growing chain, once the exportation process grows, it provides more employment and at the same time when families have more income the demand grows as well.
If the firm can increase its profit by increasing its output then the firm is not producing at where the marginal cost is equal to the marginal revenue. A profit-maximizing firm in a competitive market will produce its output at the point in which MC=MR.
The correct answer is D. Trade-offs associated with financial decisions because the opportunity cost is what you give up in exchange for something else. For example: If you must choose between a hamburger or a hot dog, the one you do not choose is the opportunity cost.
