Answer:
Individualistic
Explanation:
Individualistic mindset focuses on the individual and gives them more emphasis than the group.
The opposite of individualism is collectivism or group mentality which emphasise the group over the individual.
To discuss the merger between the two companies, ABC company only sent one person while XYZ company sent 5 people from different departments.
ABC is most likely have a individualistic mindset and they feel one person can handle the negotiation.
On the other hand XYZ sent representatives from each department. This shows the organisation has to agree to the deal so all departments are involved.
Answer:
Explanation:
The equation to calculate the <em>monthly payment</em> for fixed-rate loans is:
![Monthly\text{ }payment=Loan\times \bigg[\dfrac{r(1+r)^t}{(1+r)^t-1}\bigg]](https://tex.z-dn.net/?f=Monthly%5Ctext%7B%20%7Dpayment%3DLoan%5Ctimes%20%5Cbigg%5B%5Cdfrac%7Br%281%2Br%29%5Et%7D%7B%281%2Br%29%5Et-1%7D%5Cbigg%5D)
Where:
- Loan = $8500 - $300 = 8,200
- r is the monthly interest = 5.75% / 12 = 0.0575/12 ≈ 0.00479
- t is the number of moths = 36
Substituting:
![Monthly\text{ }payment=\$8,200\times \bigg[\dfrac{(0.0575/12)(1+(0.0575/12))^{36}}{(1+(0.0575/12))^{36}-1}\bigg]=\$ 248.53](https://tex.z-dn.net/?f=Monthly%5Ctext%7B%20%7Dpayment%3D%5C%248%2C200%5Ctimes%20%5Cbigg%5B%5Cdfrac%7B%280.0575%2F12%29%281%2B%280.0575%2F12%29%29%5E%7B36%7D%7D%7B%281%2B%280.0575%2F12%29%29%5E%7B36%7D-1%7D%5Cbigg%5D%3D%5C%24%20248.53)
Enterprise, it's called an enterprise
Answer:
0.60
Explanation:
The midpoint formula is used to calculate elasticity by using average percentage in both price and quantity.
The formula is given below:
Percentage change in quantity =<u> (Q2 -Q1) </u> x 100
(Q2 + Q1) / 2
Percentage change in price = <u> (P2 -P1) </u> x 100
(P2 + P1) / 2
Elasticity =<u> Percentage change in price__</u>
Percentage change in quantity
Inserting the data:
Percentage change in quantity =<u> (30 -20) </u> x 100 = <u>10</u> x 100 = 40%
(30 + 20) /2 25
Percentage change in price = <u>($20 - $10)</u> x 100 = <u>10</u> x 100 = 66.6%
($20 + $10) /2 15
Elasticity of supply = <u>40%</u>
66.6%
= 0.60
Answer:
d. there is a shortage and the interest rate is below the equilibrium level.
Explanation:
If the quantity of loanable funds demanded exceeds the quantity of loanable funds supplied, there is less money available for loans than the required, which characterizes a shortage. Higher interest rates decrease the demand while lower rates increase demand; if demand is higher than supply, the interest rate is lower than the equilibrium rate.
Therefore, there is a shortage and the interest rate is below the equilibrium level.
