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2 years ago

When a string of hurricanes hit Florida,

1 answer:

7 0

The story about the hurricanes and the demand and supply for plywood illustrate the law of supply and demand by showing that if supply and demand remain stable, prices will not change.

<h3>How are the law of supply and demand illustrated?</h3>

Both the laws of supply and demand explain that if supply changes by a higher margin than demand, prices will decrease. If the demand on the other hand, is more than supply, prices will increase.

In the above scenario, the supply of plywood changed by about the same rate as the demand. None of them change by more than the other, so prices remained stable.

Find out more on the law of supply and demand at brainly.com/question/1222851.

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Real per capita GDP in Taiwan in 1961 was about $500, but it doubled to about $1000.00 by 1981. a. What was the average annual e

aliya0001 [1]

Answer:

the average annual economic growth rate in Taiwan from 1961 to 1981 was 41.42%

Explanation:

Hi, we need to use the following formula.

$FV=PV(1+r)^{t}$

Where:

FV = GDP in 1981 ($1,000)

PV = GDP in 1961 ($500)

r = growth rate

t = years from 1981 to 1961 (20 years)

So, it should look like this:

$1,000=500(1+r)^{20}$

Now, we solve for "r"

$\frac{1,000}{500} =(1+r)^{20}$

$2=(1+r)^{20}$

$\sqrt[20]{2} -1=r$

$r=0.4142$

So, the growth rate of Taiwan´s GDP is 41.42%

Best of luck.

5 0

3 years ago

The cash payments journal contains __________.

Salsk061 [2.6K]

The cash payments journal contains account to be credited.

8 0

3 years ago

Moerdyk Corporation's bonds have a 15-year maturity, a 7.25% semiannual coupon, and a par value of $1,000. The going interest ra

VMariaS [17]

Answer:

$1,101.58

Explanation:

Tenor: 30 times (15-year maturity * 2 for semiannual)

Coupon rate: 7.25% semiannual -> coupon received semiannual (PMT) = $1,000 * 7.25%/2 = $36.25

Face value (FV): $1,000

Yield To Date (YTD): 6.20% semiannual -> YTD per semiannual = 3.1% (=6.20%/2)

Bond’s price = present value of bond + present value of total coupon received semiannual

Present value of bond = FV/(1+ YTD) ^tenor = 1000/(1+3.1%)^30 = $400.1659

present value of total coupon received semiannual = 36.25/(1+3.1%)^30 + 36.25/(1+3.1%)^29+ ….. + 36.25/(1+3.1%)^1 = $701.4189

(we can use excel to calculate the PV of coupon received = PV(rate,tenor,-PMT) = PV(3.1%,30,-36.25) = 701.42)

⇒ Bond’s price = $400.1659+ $701.4189= $1,101.58

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3 years ago

Question: What is not one of the reasons for India's recent economic success? Possible Answers: 1. foreign companies. 2. interna

baherus [9]

India has had recent economic success due to foreign companies, international aid and agricultural success. It was not due to foreign investors as you cannot invest in a country.<span />

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4 years ago

Read 2 more answers

When the allocated amount of indirect costs are less than the actual amount, indirect costs have been ________. A. overallocat

Daniel [21]

Answer:

C. underallocated

Explanation:

Underallocated amount is that which did not match the actual overhead incurred and it is lower than the actual. While budgeting the estimated overheads are allocated to different departments / products using different basis. Total allocated amount then compared with the actual overheads incurred. Which ultimately result in under / over allocated overhead.

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3 years ago