Answer:
Economic models often vary greatly in assumptions and simplifications.
Explanation:
Most models in Classical Economics are based on a lot of generalizations and simplifications, that intend to model the behavior of the situations of the real world but often fail to encompass all the intricacies and complications that even most straightforward situations present. These simplifications help the Economists figure out the mathematical laws that are governing the real world economic systems. Therefore making the economic modeling a simpler process.
Classic economics implies three basic assumptions:
1- People behave rationally in any situation.
2- Firms and individual want to maximize profit and utility
3- People act independently based on available information.
A breakdown in bargaining happens when one party repeatedly holds our for a better deal. In this cases, private solutions to this kind of externalities is deemed necessary. Though bargaining is quite common among transactions made by economists, it cannot be helped that there are certain problems that arise from this.
True, every country has it's own laws which the company has to obey. For example McDonald's has a different menu in the US than the menu in India because of religious beliefs and laws.
Answer:
- after-tax average annual return = 14.41%
- after tax dividends per year = $38.88
Explanation:
initial investment = 30 shares x $72.49 per share = $2,174.70
- dividends received per year = 30 shares x $0.36 x 4 (dividends paid every quarter) = $43.20
after tax dividends per year = $43.20 x 90% = $38.88
- long term capital gains = (30 shares x $183 per share) - initial investment = $5,490 - $2,174.70 = $3,315.30
taxes on long term capital gains = $3,315.30 x 10% = $331.53
To calculate Mason and Kirsty's after tax average annual return (interest rate) we can use the excel spreadsheet =RATE function, where:
- PV = -2174.70
- FV = 5490 - 331.53 = 5158.47
- Pmt = 38.88
- Nper = 7
=RATE (nper, pmt, pv, [fv])
=RATE (7,38.88,-2174.70,5158.47) = 14.41%
Corporate culture is important as it guides how the workers in a company act and think.
<h3>What is corporate culture?</h3>
It should be noted that corporate culture simply means the behaviors that determine how the employees of a company interact.
In this case, corporate culture is important as it guides how the workers in a company act and think.
Learn more about culture on:
brainly.com/question/25010777
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