Answer:
n= 39.49 years
Explanation:
Giving the following information:
Present value (PV)= $2,600
Future value (FV)= $4,375
Interest rate (i)= 0.33/100= 0.0033
<u>To calculate the number of years, we need to use the following formula:</u>
n= ln(FV/PV) / ln(1+i)
n= ln(4,375/2,600) / ln(1.0033)
n= 157.96/4
n= 39.49 years
B. If you needed to Access it if your computer ever crashes down, you have a copy that won't get corrupted.
Answer:
$2.27
Explanation:
Unit Cost =
If the average cost method is used, the materials cost per unit (to the nearest cent) would be: $2.27
Answer: The correct answer is "D) specific".
Explanation: Effective teams translate their common purpose into <u>SPECIFIC</u> goals.
For a team to be successful, its common purpose must be established as specific objectives, that can be measurable and that are realistic, that is, its achievement is possible.
These specific objectives are of great help to simplify communication and keep teams focused on obtaining results.
Answer:
A perfectly competitive firm will minimize its losses by shutting down when: P < TFC at the profit-maximizing level of output. P < MC at the profit-maximizing level of output.
Explanation:
A firm will choose to implement a production shutdown when the revenue received from the sale of the goods or services produced cannot cover the variable costs of production. In this situation, a firm will lose more money when it produces goods than if it does not produce goods at all. Producing a lower output would only add to the financial losses, so a complete shutdown is required. If a firm decreased production it would still acquire variable costs not covered by revenue as well as fixed costs (costs inevitably incurred). By stopping production the firm only loses the fixed costs.
