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2 years ago

6

A resource is ______ if the number of firms that possess it is less than the number of firms required to reach a state of perfec

t competition. Multiple choice question. visible immobile heterogeneous. rare

1 answer:

Savatey [412]2 years ago

5 0

Answer:

Rare

Explanation:

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You need to accumulate $10,000. To do so, you plan to make deposits of $1,000 per year - with the first payment being made a yea

evablogger [386]

Answer:

It will take 6.68 years to reach the $10,000 goal.

Explanation:

As the deposit of $1,000 per year is a form of the annuity payment.

We will use the following formula in order to calculate the numbers of year required to reach the goal

Future value of Annuity = Annuity payment x ( ( ( 1 + interest rate )^numbers of years ) - 1 ) / Interest rate

Where

Future value of Annuity = Target amount = $10,000

Annuity payment = Yearly deposti = $1,000

Interest rate = 14%

Numbers of years = n = ?

Placing values in the formula

Future value of Annuity = Annuity payment x ( ( ( 1 + interest rate )^numbers of years ) - 1 ) / Interest rate

$10,000 = $1,000 x ( ( ( 1 + 14% )^n ) - 1 ) /14%

$10,000 x 14% = $1,000 x ( ( ( 1.14 )^n ) - 1)

$1,400 = $1,000 x ( ( ( 1.14 )^n ) - 1)

$1,400 / $1,000 = ( ( 1.14 )^n ) - 1

1.4 = ( ( 1.14 )^n ) - 1

1.4 + 1 = 1.14^n

2.4 = 1.14^n

Log 2.4 = n x Log 1.14

n = Log 2.4 / Log 1.14

n = 6.681525965

n = 6.68 years

It will take 6.68 years to reach the $10,000 goal.

7 0

3 years ago

Which shortcut can you use to rename a worksheet.

nadezda [96]

I don’t understand this question

5 0

3 years ago

Lasley Cash, Ltd. operates a chain of exclusive ski hat boutiques in the western United States. The stores purchase several hat

yKpoI14uk [10]

Answer:

CMR: 52% --> each dollar of sales generates 52 cent of contribution

VCR: 48% --> 48 cent per dollar of sales are cost

BEPu: 10,000 units will pay up the cost to purchasethis units and the fixed cost for the business.

BEPs: $ 250,000 in sales pay up both, fixed and varible operating cost.

Explanation:

selling price per hat: $ 25

variable cost per hat: $ 12

Contribution per unit $ 13

Contribution Ratio:

13/25 = 0.52

Variable cost Ratio:

12/25 = 0.48

Fixed cost: 130,000

Break even point:

$\frac{Fixed\:Cost}{Contribution \:Margin \:Ratio} = Break\: Even\: Point_{dollars}$

$\frac{130,000}{0.52} = Break\: Even\: Point_{dollars}$

dollars of sales BEP: 250,000

$\frac{Fixed\:Cost}{Contribution \:Margin} = Break\: Even\: Point_{units}$

$\frac{130,000}{13} = Break\: Even\: Point_{units}$

units sold to pay up variable and fixed cost: 10,000

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3 years ago

Jack recommends his new keurig coffee machine to his friend jill. jill buys her own keurig and loves it - studies show that she

Elza [17]

The effect that could be called to the given scenario above is the referral marketing. The referral marketing is a way of being able to promote products to customers, specifically new, with the use of referrals. It could be seen above as after Jack recommended it to Jill, Jill will now refer the product that she loves to another person that could be a potential new customer.

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3 years ago

How do you write a check in 6 steps

DiKsa [7]

Answer:

Step 1: Include the date.

Step 2: Name the recipient.

Step 3: Fill in the amount with numerals.

Step 4: Write out the amount in words.

Step 5: Say what it's for.

Step 6: Sign your name.

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2 years ago