Rose ordered a package of macaroons from an out-of-state bakery. she received the cookies the following week, the type of e-commerce product is Physical.
E-commerce digital commerce is the buying and selling of goods and services, or the transmitting of finances or data, over a digital network, basically the net. these enterprise transactions occur both as commercial enterprise-to-enterprise, commercial enterprise-to-purchaser, customer-to-patron, and consumer-to-enterprise.
E-commerce is the interest of electronically buying or selling merchandise on online services or over the net. E-trade draws on technologies together with cellular trade, digital funds transfer, supply chain management, internet marketing, online transaction processing, electronic records interchange, inventory control structures, and automatic statistics series systems.
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Answer:
Explanation:
Use Future value formula for the calculation of number of years
Future Value = Present value ( 1 + interest rate )^number of years
FV = PV ( 1 + r )^n
$500,000 = $200,000 ( 1 + 10.5% )^n
$500,000 / $200,000 = ( 1 + 0.105 )^n
2.5 = ( 1.105 )^n
log 2.5 = n log 1.105
n = log 2.5 / log 1.105
n = 9.1771
n = 9 years 2 months
Answer And Explanation:
a) Quantity of chocolate demanded by consumers will decrease
This is because there is a minimum price which makes product more expensive. The higher the price, the less the quantity demanded
b) Quantity of chocolate supplied by producers will increase
This is because price has increased with the government's price floor. The higher the price, the higher the quantity supplied.
c) Quantity of chocolate purchased by the government will increase
This is because there is surplus supply and therefore government would need to buy more to support the price floor and buy leftover chocolates in the market
Part a) The Cob Douglas production function is given as:
To show that this function is homogeneous with degree 3, we introduce be a parameter, t.
Using properties of exponents, we on tinder:
This implies that:
Simplify the exponent of t to get;
Hence the function is homogeneous with degree, 3
Part b) To verify Euler's Theorem, we must show that:
Verifying from the left:
Q•E•D
<span>$104,500 * 0.04 = $4,180 - $665 = $3,515</span>
