Answer:
Producers and consumers :)
Explanation:
Market economies are run by buyers and sellers, there is no government involved.
Answer:
D. 8 percent interest for 9 years
Explanation:
We would use the formula future value formula below to determine which of the investment options would double her money:
FV=PV*(1+r)^n
PV is the amount invested which is $1000
r is the interest rate expected to be earned while n is the number of years First option:
FV=$1000*(1+6%)^3
FV=$1,191.02
Second option:
FV=$1000*(1+12%)^5
FV=$1,762.34
Third option:
FV=$1000*(1+7%)^9
FV=$ 1,838.46
Fourth option:
FV=$1000*(1+8%)^9
FV=$2000
Last option:
FV=$1000*(1+6%)^10
FV=$ 1,790.85
Answer:
The answer is wildcat strike
Explanation:
At times, employees may engage in a Wildcat strike that is, a strike without the union's consent, or a slowdown, wherein employees report to work but intentionally decrease their productivity.
Answer:
The two optimal two part price that would be suggested to Verizon is Unit per Fee = $1 and Lump Sum fee or fixed fee = $99
Explanation:
Solution
For us fully maximize profit under two part price It should gives that amount of wireless service at which P = MC and and also charge Lump sum fee or fixed fee equals to the consumers surplus that consumer will have.
Now,
marginal cost= MC = 1 and P = 100 - 25Q.
Thus,
P = MC => 100 - 25Q = 1 => Q = 2
Then,
The Consumer surplus is the above area Price of line which is (iP = 1) and below is the curve of demand
Now,
P = 100, When Q = 0 The Consumer surplus = (1/2)*base*height
= (1/2)*(100 - 1)*2 = 99
Therefore, Fixed fee or The Lump Sum fee = 99
However, the Optimal two part pricing is denoted by:
The Unit per Fee = $1 and Lump Sum fee or fixed fee = $99
