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monitta
2 years ago
9

Why is it important to plan early for your retirement?

Business
1 answer:
r-ruslan [8.4K]2 years ago
8 0

It is quite important to begin to plan early for your retirement In order to take advantage of the power of compounding.

<h3>Why should you plan early for retirement?</h3>

When you start planning early for retirement, you get to invest funds earlier and leave them to grow for longer.

This means that you can take advantage of the power of compounding, in that your investment will compound for longer and accumulate to higher levels.

Find out more on compounding at brainly.com/question/24924853.

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Do consumers benefit in any way from monopolistic competition relative to perfect competition?
MrRa [10]

Compared to perfect​ competition, when a consumer purchases a product from a monopolistically competitive​ firm, the consumer benefits from purchasing a product that is more closely suited to their tastesis more closely suited to their tastes.

In the monetary concept, best competition happens when all agencies promote identical products, marketplace proportion does now not affect the rate, groups are able to input or exit without barrier, consumers have the best or complete records, and companies can not determine fees.

In economics, specifically trendy equilibrium idea, a great marketplace, additionally called an atomistic marketplace, is described by several idealizing situations, collectively referred to as ideal opposition, or atomistic competition.

Perfect​ competition is a monetary term that refers to a theoretical marketplace shape in which all providers are identical and usual supply and demand are in equilibrium. For instance, if there are numerous firms producing a commodity and no person firm has a aggressive gain, there is ideal opposition.

Learn more about the perfect​ competition here brainly.com/question/4190313

#SPJ4

4 0
2 years ago
Between the u. s. and nepal, nepal invests less in new factories and equipment. This will likely cause?
salantis [7]

As Nepal is investing less in capital goods so as to shift the PPF of America outward quicker in comparison to Nepal which is extra eating. the answer is "C".

Capital goods are bodily assets that a company makes use of within the manufacturing process to fabricate products and services that consumers will later use. Capital goods include buildings, equipment, system, automobiles, and gear.

Capital goods check with merchandise that can be used within the manufacturing of other merchandise but isn't included in the brand new product. these consist of gadget tools, commercial equipment, method plant gadget, production & mining gadget, electrical system, fabric equipment, printing & packaging machinery, and so on.

Capital items are the assets used by agencies within the course of producing their services and products and can consist of homes, equipment, gear, and equipment.

Learn more about Capital goods here: brainly.com/question/14848187

#SPJ4

7 0
2 years ago
Which is not capital​
aev [14]
I think D I’m not sure sorry that’s all I can do
7 0
3 years ago
Read 2 more answers
which method of entering a foreign market has a domestic firm actively managing a foreign company or overseas facility
borishaifa [10]

Complete Question:

Which method of entering a foreign market has a domestic firm actively managing a foreign company or overseas facility?

Group of answer choices

A. joint venture

B. direct ownership

C. exporting

D. licensing

E. contract manufacturing

Answer:

B. Direct ownership.

Explanation:

Direct ownership is a method of entering a foreign market that has a domestic firm actively managing a foreign company or overseas facility.

Generally, it considered to be a good option when there exist similarities between the domestic and foreign cultures and when political risks associated with the market are very minimal or little.

However, direct ownership is considered to be the riskiest method of entering a foreign market and it typically requires more commitment from the business owner than any other method of entering a foreign market such as joint ventures, exporting, licensing, contract manufacturing, piggybacking, franchising etc.

8 0
3 years ago
The following amounts represent totals from the first three years of operations. Calculate the balance of Retained Earnings at t
LiRa [457]

Answer:

B) $2,600

Explanation:

Retained earnings in each is computed as net income minus dividends

In year 2016 retained earnings=$1200-$200=$1000

In year 2017 retained earnings=2016 retained earnings+net income-dividends

2017 retained earnings=$1000-$500+$0=$500

2018 retained earnings=2017 retained earnings+net income-dividends

2018 retained earnings=$500+$2,300-$200

2018 retained earnings=$2,600

6 0
3 years ago
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