Answer: Option (a) is correct.
Explanation:
Advanced technology is a determinant of supply and consumer taste & preferences is a determinant of demand.
Therefore, improvement in technology in catching fish will lead to increase the supply of fish and this will shift the supply curve rightwards. On the other hand, eating fish prevents heart attacks, hence, consumer's demand for fish increases, as a result demand curve for fish also shifts rightwards.
This will lead to increase the equilibrium quantity but effect on equilibrium price is ambiguous because it will be depend upon the magnitude of the shifts of demand and supply curve.
Answer:
PV= $8,511.40
Explanation:
Giving the following information:
Final value= 15,000
Number of years= 5 years
Interest rate= 12%
We need to calculate the present value of the $15,000. We will use the following formula:
FV= PV*(1+i)^n
Isolating PV:
PV= FV/(1+i)^n
PV= 15,000/1.12^5
PV= $8,511.40
Answer:
The correct answer is B. conditions.
Explanation:
The general conditions are the texts of the standard contracts, which must be used by insurance companies in the contracting of insurance, which contain the regulations and stipulations that govern the respective contract.
These conditions must contain, at least, the following stipulations related to: coverage and insured matter; exclusions; obligations of the insured; aggravation or alteration of risk; insured statements; premium and effects of your non-payment; claim reporting procedure; insurance termination; communication between the parties and, in general, all those matters destined to regulate the contract that do not constitute particular conditions of the same.
Answer:
35.09%
Explanation:
Data provided as per the question
Gross profit on sales = $3,053,000
Sales = $8,700,000
The computation of gross profit in percentage is as shown below:-
= Gross profit on sales ÷ Sales
= $3,053,000 ÷ $8,700,000
= 35.09%
Therefore, for computing the gross profit in percentage we simply divide the gross profit with sales.
Answer:
The answer is "Entrepreneurship and knowledge".
Explanation:
The situation is based on the research on beginning a firm, there two key production aspects which Darnell needs to succeed would be enterprise and expertise, based on the data supplied inside the question. He needs to learn a way to create, start-up, run a new business and get depth knowledge of both the arts.
