Answer:
If compounded weekly =
No of weeks in a year=52
N= 52
EAR= (1+I/N)^N -1
=(1+0.12/52)^52 -1
=0.127=12.7% EAR
If compounded semiannually
N= 2
EAR= (1+0.13/2)^2 -1
=13.42%
It is better to borrow at 12% compounded weekly as the EAR is lower than 13% compounded semi annually.
Explanation:
Answer:
c. 0.25
Explanation:
Cross-price elasticity = [(Q2-Q1/)((Q1-Q2)/2) * 100] / [(P2-P1/)((P1-P2)/2) * 100]
Cross-price elasticity = [(65-55)/((65+55)/2)*100] / [(2-1)/((1+2)/2)*100]
Cross-price elasticity = 16.6667/66.6667
Cross-price elasticity = 0.25000037
Cross-price elasticity = 0.25
Answer:
<u>$50</u>
<u>Explanation</u>:
In the production function, Q = K0.5L0.5,
K denotes the fixed input in the short run.
First, we calculate the total cost:
Cost of Capital= 25 x $1 = $25
Cost of Labor (for a start 25 workers are used)= 25 x $1 = $25
Total= $50
Since the price of the solar panels is $100, substrating from the total cost $50 (100-50) we get $50 profit per unit of solar panel.
Answer:
two advantages are having your own buisness and being able to make money, and doing what you love (or like)
two disadvantages are the cost of owning a buisness, and a building to have it in.
Explanation:
