Both buyers and sellers are price takers in a perfectly competitive market because each buyer and seller is too small relative to others to independently affect the market price. (first option).
What is a perfectly competitive market?A perfectly competitive market is a market where there are many buyers and sellers of goods and services that are considered to be homogenous. For example, the market for apples is an example of a perfectly competitive market.
In a perfectly competitive market, the buyers and sellers are price takers. This means that they accept the price that has been set by market forces. Buyers and sellers are price takers because if a seller charges a different price, there are many other sellers that consumers can patronise.
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Lights, Camera, and More sells filmmaking equipment. The company offers three purchase options: (1) pay full cash today, (2) pay one-half down and the remaining one-half plus 10% in one year, or (3) pay nothing down and the full amount plus 15% in one year. George is considering buying equipment from Lights, Camera, and More for $110,000 and therefore has the following payment options:Payment Today Payment inOne Year Total PaymentOption 1 $110,000 $ 0 $110,000Option 2 55,000 60,500 115,500Option 3 0 126,500 126,500Required:1-a. Assuming an annual discount rate of 10%, calculate the present value and the total cost. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use appropriate factor(s) from the tables provided. Round your answers to 2 decimal places.)Present value of payment in one year Total present value (or total cost)Option 1:Option 2:Option 3:1-b. Which option has the lowest total cost in present value terms?Option 1Option 2Option 3
Appropriate discount factor at 10% for 1 year = 1 / (1 + 0.1) = 1 / 1.1 = 0.909 (rounded off). The lowest Total Cost in present value terms is of Option 2 = $ 109,994.50.
In ethics and social sciences, price denotes the degree of importance of something or motion, with the aim of figuring out which actions are first-rate to do or what manner is fine to stay (normative ethics in ethics), or to explain the significance of different actions. price systems are potential and prescriptive ideals; they have an effect on the moral conduct of a person or are the basis in their intentional sports. often primary values are robust and secondary values are suitable for adjustments. What makes an motion precious may additionally in turn depend on the moral values of the items it will increase, decreases, or alters. An object with "ethic value" may be termed an "ethic or philosophic desirable".
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What are the four most used tax bases?
Individual income tax , corporate income, sales, and property are the four most common tax bases.
Describe tax bases.
The total amount of earnings, possessions, purchases, transactions, and other economic activity that is subject to taxation by a taxing authority is referred to as the tax base. A small tax base makes taxes ineffective and unbalanced. A large tax base allows for more money to be raised at lower rates and lowers the cost of tax administration.
In the US, there are three main types of taxation: progressive, proportional, and regressive. Regressive and progressive taxes, in contrast to proportional taxes, have different effects on high- and low-income earners. The tax base is the total market value of all the assets, income, and resources in a given area or jurisdiction.
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a cash register tape reflected total sales equaling $100, but the cash in the cash register drawer equaled $105. review the statements below and determine which is correct regarding this discrepancy. (check all that apply.)
A cash register tape reflected total sales equaling $100, but the cash in the cash register drawer equaled $105. review the statements below and determine which is correct regarding this discrepancy.
The extra $5 collected will be treated as a miscellaneous revenue.
The Cash Over and Short account will be credited for $5.
The Cash account will be debited for $105.
The Sales account will be credited for $100.
The statements below and determine regarding this discrepancy are:
a) The extra $5 collected will be treated as a miscellaneous revenue.
b) The Cash Over and Short accounts are going to be credited for $5.
c) The brokerage account is going to be debited for $105.
d) The Sales account is credited for $100.
Sales account
The register and therefore the register encompasses a favorable variance of $5. It means cash has an over of $5.
In recording these transactions are, $5 is going to be treated as miscellaneous revenue.
it's immaterial revenue out of the traditional business activities.
The $5 is credited to the cash over and short accounts since it's a positive balance.
The day is recorded because it is within the till tape. The sales account is going to be credited with $100.
To balance the entry, the brokerage account is debited with $105.
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From the following which events would cause interest rates to increase?
A. lower tax rates
B. a higher discount rate
C. lower reserve requirements
D. an open market operation to buy bonds
Based on macroeconomic strategies and financial methods applications, the event that would cause interest rates to increase is a higher discount rate.
What is a higher discount rateA higher discount rate is a financial term that is used to describe or express the future monetary value in present terms.
Generally, applying a high discount in the economy tends to have the consequence of raising other interest rates in the economy since it represents the cost of borrowing money for most major commercial banks and other depository institutions.
Therefore, given the available options, the statement or event that would lead to a higher interest rate is the higher discount rate.
Hence, in this case, it is concluded that the correct answer is option B. a higher discount rate
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Byron works at stich-rite clothing factory. The company is required to maintain safe working conditions under the.
Byron's company is required to maintain safe working conditions under the Occupational Safety and Health Act.
What is Occupational Safety and Health?Occupational Safety and Health (OSH) focuses heavily on primary prevention of hazards and covers all facets of health and safety in the workplace. Its objective is to stop accidents and injury caused by work-related activities.
Why is occupational health important?Concerns about the potential effects of employment and the workplace environment on employees' physical and mental health make up a significant portion of occupational health. It also discusses the impact that a worker's health may have on their capacity for work. Simply put, this refers to the relationship between job and health.
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Which statement about holding costs, also known as carrying costs, are correct?
Carrying costs can be stated as a constant.
Carrying costs can be stated as a percentage of item price,
Both the statement of holding costs, also known as carrying costs are correct.
What does Holding cost mean?
The total cost of storing an item for an extended period of time is referred to as the holding cost. These expenses include warehousing, insurance, storage, and administrative expenses. The opportunity cost of capital tied up in inventory, the cost of obsolescence, and the cost of deterioration are all examples of holding costs.
What does administrative expenses mean?
Administrative expenses are those incurred in the day-to-day operations of a company or organisation. Salary, rent, office supplies, professional fees, travel, and insurance are examples of such expenses. They are distinct from production costs, which are expenses incurred during the manufacture of goods or services.
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using the cellular respiration model, evaluate each of the statements below. which of these accurately describe the process of aerobic cellular respiration? choose all that apply. A) Aerobic respiration occurs in the cell. B) Aerobic respiration produces carbon dioxide. C) Aerobic respiration produces oxygen and glucose. D) Aerobic respiration includes: glycolysis, Krebs cycle, and ETC. (Electronic Transport Chain) E) Foods that a person eats are converted into ATP energy in the mitochondria.
According to the cellular respiration model, Oxygen and glucose are produced during aerobic respiration. A is correct option.
The two processes that make up cellular respiration are glycolysis, which takes place in the cytoplasm and converts glucose to pyruvate, and the Krebs's cycle, which takes place in the mitochondria and transforms pyruvate into ATP (adenosine triphosphate) and energy.
In aerobic respiration, the cell uses up oxygen and releases carbon dioxide, glucose, and a significant quantity of energy. (686 kcal, roughly)A series of chemical processes known as cellular respiration convert glucose into ATP, which can then be used as energy for a variety of bodily reactions. Glycolysis, the citric acid cycle, and oxidative phosphorylation are the three main processes that take place during cellular respiration.
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if banks want a reserve ratio of 1/10, then when the federal reserve increases reserves by $1,000, deposits must ultimately increase by $100. when banks are worried that depositors might want to withdraw their cash or when loans don't seem profitable, they want a reserve ratio that is relatively low. the money multiplier is the ratio of reserves to deposits. the reserve ratio is determined primarily by how liquid banks wish to be.
Only to meet the regular depositor needs for currency and payment services do banks retain reserves.
What occurs if you raise the reserve ratio?A decrease in the amount of deposits that can be maintained by a certain level of reserves, along with a reduction in the money supply and an increase in credit costs, result from raising the reserve requirement ratios.
If a deposit of $100 is made and the statutory reserve is 10%, how much must the bank retain on hand?If the reserve requirement is 10%, the deposit multiplier indicates that banks are only required to hold 10% of all deposits in reserve, but they are allowed to lend out the remaining 90% to the public in order to generate additional funds and boost the economy. Thus, if a depositor deposits $100, the bank must maintain a reserve of $10 but may lend out $90.
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josiah's team missed a crucial deadline and lost a major client due to poor communication. as a result, his team is experiencing trust issues. josiah is looking for ways to improve trust across the team as a whole and has generated a few ideas. all of the following are likely to increase trust except: josiah creates a poster board with team goals, indicating the roles of each team member. josiah has individual check-ins with his team members to provide feedback. josiah plans to provide his team with more project training sessions to help improve their efficiency both as individuals and as a group. josiah limits meeting frequency in order to reduce the opportunity for conflict and dissent.
Josiah limiting meeting frequency in order to reduce the opportunity for conflict and dissent as this will hamper team spirit being formed.
What is Team Spirit?Team spirit is the sense of pride and commitment shared by team members, which motivates them to strive for excellence on their team. Being willing to go above and beyond the call of duty to assist coworkers is an illustration of high team spirit. This might be as easy as inviting a new hire to lunch on their first day so they have the chance to get to know someone at work, or it can be as complex as assisting a colleague with a significant project. The book Team Spirit is an engrossing and motivating read with real-life examples of leadership concepts and how one outstanding person uses them to build a fantastic team that wins the race.
Hence, Josiah limiting meeting frequency in order to reduce the opportunity for conflict and dissent as this will hamper team spirit being formed.
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the _____ is responsible for all aspects of an organization’s iss and is often a corporate vice president.
Chief Information Officer (CIO) is responsible for all aspects of an organization’s iss and is often a corporate vice president.
How does a Chief Information Officer function?In order to ensure that the IT organization of a firm produces results that support the objectives of the business, the chief information officer (CIO) supervises the people, processes, and technologies inside that organization.
Why is CIO vital?A C-level executive known as a Chief Information Officer (CIO) is responsible for more than just managing your IT systems and problems on a daily basis. The CIO use proactive IT planning to oversee, put into practice, and utilize your technology in the most effective and unified way feasible.
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state insurance regulators conduct claim audits to ensure
State insurance regulators conduct claim audits to ensure fair claim settlement practices which is therefore denoted as option B.
What is Claim audit?This is done by a claim auditor who works in an insurance company and is responsible for determining if the services or items claimed for payment were the same as what the beneficiary received during reimbursement.
This is usually done by analyzing various aspects of the claims submitted by policyholders so as to ensure that the right amount is paid on other to prevent any form of injustice to the parties involved.
State insurance regulators are also involved in the conduct claim audits to ensure fair claim settlement practices as this helps to prevent any form of issues and sanctions by the regulating body.
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The options are:
A. Fair and appropriate pricing.
B. Fair claim settlement practices.
C. Equal workloads of claim representatives.
D. Compliance with reinsurance treaties.
fig garden is a popular chain of restaurants for authentic italian food. recently, a customer found a dead insect in the pasta he was served. the customer's negative review about the restaurant went viral. fig garden's chief executive officer (ceo) publicly apologized for the mishap and posted pictures of the restaurant's kitchen, after being fumigated, on several social networking websites. in this scenario, which of the following does fig garden's ceo demonstrate?
B. Crisis Management
In this scenario, the CEO of Fig Garden demonstrates crisis management, which is a strategy used by organizations when a negative situation involves the company and threatens its credibility with its stakeholders.
Crisis Management is a process- and strategy-based approach used by an organization to identify and respond to a threat, an unexpected event, or any negative disruption that has the potential to harm people, property, or business processes. A crisis management plan is required if any event is to become a crisis.
Natural disasters, active shooter scenarios, terrorist events, mass violence occurrences, and even global pandemics can occur at any time, with or without warning. Aside from the immediate threat to people, property, and processes, crises and critical emergency events frequently have unanticipated and cascading effects on employee morale, brand reputation, customer satisfaction, and even the supply chain.
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The complete question is:
Fig Garden is a popular chain of restaurants for authentic Italian food. Recently, a customer found a dead insect in the pasta he was served. The customer's negative review about the restaurant went viral. Fig Garden's chief executive officer (CEO) publicly apologized for the mishap and posted pictures of the restaurant's kitchen, after being fumigated, on several social networking websites. In this scenario, which of the following does Fig Garden's CEO demonstrate?
A. Audience control
B. Crisis management
C. Letharsy
D. Experiential selling
total cost cost driver square feet number of employees janitorial $150,000 square footage serviced 200 40 cafeteria 50,000 number of employees 20,000 12 cutting 1,125,000 4,000 120 assembly 1,100,000 16,000 40 the janitorial and cafeteria departments are support departments. determine the dollar amount of the janitorial department costs to be allocated to the (a) cutting and (b) assembly departments using the direct method. a. cutting department $fill in the blank 1 b. assembly department $fill in the blank 2
The answer has been presented in the supporting sheet. For detailed answer refer to the supporting sheet.
The final answer is cost allocated based on the area acquired by the departments.
Cafeteria = $75000Cutting = $15000Assembly = $60000Cost allocation
Cost allocation is the process of relieving the cost centers of shared service organizations that offer a good or service. Internal clients' cost centers that use the goods and services are then given credit for the related charge.
Determine which areas of a business are in charge of which costs by using cost allocation. This can fairly share accountability for expenses and spending among several departments within a business. The information can then be used by specific business units to make crucial business choices.
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Why is it generally good for businesses if their projects end on time and with only a little money left in the budget?.
It generally good for businesses if their projects end on time and with only a little money left in the budget because it indicates that their managers are competent at estimating budgets and maintaining schedules.
The concept of a business budget is to create a spending plan for your company based on your revenue and costs. It shows you where you have money available, calculates your expenses, and aids in income forecasting. Planning your company operations with the use of a budget may also serve as a benchmark for establishing financial objectives.
It enables a firm to schedule costs, accomplish objectives, and foresee any operational adjustments that may be required to sustain the business. An organization may measure performance and comprehend running expenditures with the use of a budget.
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Answer:
Because it indicated that their managers are competent at estimating budgets and maintaining schedules.
Explanation:
This also helps the business to show that they don't overspend and try to do everything precisely for not only the business, but for the consumers.
which of the following, by definition, allows you to buy stocks, bonds, and other assets with borrowed money?
Based on the description in the question and the business investment analysis, the definition that allows you to buy stocks, bonds, and other assets with borrowed money is Margin Account
What is a Margin AccountMargin Account is a term in investment and business operations that are used to describe the capacity to buy stocks, bonds, and other assets with borrowed money.
Generally, the Margin Account is used because they involve borrowing, and is only reserved for wealthy clients who have both a high credit rating and a high-risk tolerance.
Features of Margin AccountIt allows the trader to trade other financial productsIt increases the profit and loss potential of the trader's capital.Hence, in this case, it is concluded that Margin Account is a good account to hold when it comes to an investment as it helps the investors to maximize their profits.
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pricing objectives are derived from broader marketing objectives. organizations using a multisegment marketing approach to marketing will likely have different objectives for each brand offered to the market. smaller firms that seek to fill niche markets will often use only a single approach to pricing products. the objectives and goals of a pricing strategy are one of the most overlooked elements in the marketing mix. many firms use simplistic approaches to pricing and fail to recognize the strategic importance that solid pricing objectives can offer. pricing objectives may be categorized as profit oriented, sales oriented, and status quo oriented.
A marketing strategy entails segmenting a target market into subsets of consumers, businesses, or countries that share common needs, interests, and priorities, and then implementing strategies to target them.
What is the significance of pricing strategy in business?Pricing is an important part of product management and one of the four Ps of the marketing mix, along with product, promotion, and location. The only revenue-generating aspect among the four Ps is price, with the others being cost centers. To remain competitive in markets with increasing volume and price pressure, the correct pricing strategy is critical. It provides you with the value you deserve for your products and services while also ensuring the earnings you require to invest in change and growth. Pricing objectives must be considered while determining an optimum pricing point. You don't want to charge anything you want for a product or service.
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bluegrass billbugs overwinter as adults.
Do bluegrass billbugs overwinter as adults?
The bluegrass billbug completes one era per year. Billbugs overwinter as adults in semi-protected areas (in surface litter round buildings, in leaf litter, or in hedgerows). Adults emerge at some stage in the first warm intervals in the spring and begin to pass to appropriate turf sites.
How do billbugs overwinter?Adult billbugs overwinter in thatch, soil crevices, below bark mulch or leaf litter or different sheltered places. Adults grow to be energetic in spring, wander to locate suitable host flowers the place they mate and commence to lay eggs.
Small broken areas commonly recover if the billbug larvae are killed. Water and fertilize the lawn to stimulate new growth. Reseed or resod giant areas. Maintain applicable soil moisture and garden fertilization.
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https://brainly.com/question/15823434#SPJ4The scope of latisha's project changed by +25%. The approved change request called for 1000 units to be produced. What was the amount of the initial project scope?.
Answer: The amount for the initial project scope was 800 units.
Explanation: Since 200 units is 25% of 800 units, and 800 units plus 200 units equals 1000 units, your answer is therefore 800 units.
antonio supervises six graphic designers. if he intends to fill a senior graphic designer position with one of these six people, he will use to identify his job candidates.
Antonio supervises six graphic designers. If he intends to fill a senior graphic designer position with one of these six people, he will use Internal recruiting to identify his job candidates.
Graphic design is a profession, academic discipline, and applied art in which visual communications are projected in order to transmit specific messages to social groups with specific goals. Graphic design is an interdisciplinary design and fine arts field.
Its practise entails using manual or digital tools to express creativity, innovation, and lateral thinking, where text and graphics are commonly used to communicate visually. The graphic designer's role in the communication process is that of message encoder or interpreter.
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what refers to how well a system can adapt to increased demands?
The ability of an organization to adapt to changing workloads or market demands is referred to as scalability. Scalable businesses may quickly grow output to meet demand while also benefiting from economies of scale.
What does the capacity to start a system entail?An identical copy of a system's data is a backup; getting a system back up and running after a failure or crash is recovery.
What phrase describes the resources of a computer system being available whenever needed?Cloud computing is, in a nutshell, the on-demand availability of computer system resources, particularly data storage (cloud storage) and computational power, without direct active supervision by the user.
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Answer:
Explanation:
scalability
if an organization directly securitized its income-producing assets without using a special purpose vehicle (spv) as an intermediary, investors
Because an organization holds many different forms of assets and incurs many different types of liabilities, analyzing overall credit risk is complicated.
What is securitization, and how does it make real estate investments easier?In order to repackage specific asset classes into interest-bearing securities, securitization involves pooling those assets. The assets pay interest and principal payments to the securities buyers.
How does the securitization process contribute to maintaining liquidity?The securitization process has made it possible for normal investors to purchase shares of products that would otherwise be out of their price range. For instance, a buyer of mortgage-backed securities (MBS) can expect to receive monthly principal and interest payments.
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g culver's recording studio rents studio time to musicians in 2-hour blocks. each session includes the use of the studio facilities, a digital recording of the performance, and a professional music producer/mixer. anticipated annual volume is 1,290 sessions. The company has invested $2,343,000 in the studio and expects a return on investment (ROI) of 22%. Budgeted costs for the coming year are as follows. Per Session TotalDirect materials (CDs, etc.) $ 19.80 Direct labor $407.00 Variable overhead $ 55.00 Fixed overhead $1,033,320 Variable selling and administrative expenses $ 35.00 Fixed selling and administrative expenses $542,820
The budgeted costs are used to calculate the expected return on investment (ROI) of 22%.
What is return on investment?
The ratio of net income (over a period of time) to investment is known as return on investment (ROI) or return on costs (ROC). A high ROI indicates that the returns on the investment outweigh the costs. ROI is used as a performance metric to assess an investment's effectiveness or to compare the effectiveness of several different investments. It is a method of connecting profits to capital invested in terms of economics.
The ROI is calculated by taking the total expected profit (or revenue) and dividing it by the total investment (in this case, $2,343,000).
The total expected profit is calculated by multiplying the number of sessions (1,290) by the total expected revenue per session. The total expected revenue per session is calculated by adding together the total direct materials costs ($19.80), direct labor costs ($407.00), variable overhead costs ($55.00), variable selling and administrative expenses ($35.00), and fixed overhead and selling and administrative expenses ($1,033,320 + $542,820).
Therefore, total expected revenue per session = $19.80 + $407.00 + $55.00 + $35.00 + $1,033,320 + $542,820 = $1,593.00
Total expected profit = 1,290 x $1,593.00 = $2,044,770
ROI = Total expected profit / Total investment = $2,044,770 / $2,343,000 = 22%.
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Use the classical (RBC) IS-LM-FE model to show the effects on the economy of a temporary adverse supply shock; for example, an increase in the price of oil. You should show the impact on the real wage, employment, output, the real interest rate, consumption, investment, and the price level.
The marginal productivity of labor is increased, shifting the labor demand curve to the right.
As a result, the real wage rises and employment increases. Both the higher productivity and increased employment increase output. The FE line shifts right, with the IS curve unchanged, so the LM curve must shift down (the price level declines) to restore equilibrium. As a result, the real interest rate declines, increasing consumption and investment.
Costs of production are directly correlated with the marginal product of labor. Fixed and variable costs are separated in costs. The term "fixed costs" refers to expenses that are related to the fixed input, capital, or rK, where K is the amount of capital and r is its rental cost. The costs of the variable input, labor, or wL, are known as variable costs (VC), where w is the wage rate and L is the volume of labor used.
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a. after spending hours researching his choices, mark decides on a laptop that will cost him $799. as he walks into his local retailer, a salesman presents him a laptop with marginally better features at the same price. however, mark would have to do further research to verify that the new alternative is in fact better. as a result, he decides that the laptop he previously decided on is good enough and buys it. Marks decision is an example ofa. bounded rationalityb. fairnessc. risk aversion
As a result, he decides the laptop he previously decided on is good enough and buys it Bounded Rationality.
We try to satisfice rather than optimize when making decisions as a result of bounded rationality. To put it another way, we aim for a decision that will be adequate rather than the best one that is possible.
Even though bounded rationality leads us to make acceptable decisions, that does not necessarily imply that they are the best ones. Instead of calling us "homo economicus," the "perfect rational man/woman," economists refer to us as "satisfiers." We choose inconsistently because we choose "good enough" options rather than the best ones.
Because companies will use marketing strategies to try and profit from our flawed decision-making, we need to be aware of it. They frequently label their goods with alluring qualifiers and descriptors that are ambiguous at best, like the term "cage-free" on an egg carton.
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wendy is in school learning to be a welder. she spends long hours studying (and drinking coffee) and long hours practicing in the hot, dirty shop (and therefore takes frequent showers). wendy has $70.00 per month to spend on the soap and coffee she needs to function properly. in the accompanying graph, move the bc line to correctly depict wendy's budget constraint, assuming the soap costs $3.50 per bottle, and the coffee costs $14.00 per pound. if a point will not go where you want to put it, try placing the other endpoint there.
Budget constraint can be defined as the amount of items you can afford within a current budget. It illustrates the range of choices available within that budget.
Explain the above process ?
The above case can be solved by the following method
The Wendy's budget constraints through which she can buy certain articles are:
Price of soap=3.5Price of coffee = 14Income = 70Soaps bought. = 0Coffee bought = 70/14 = 5Coffee bought = 0 Soap bought = 70/3.5 = 20Hence, the above case represents the total income to be $ 70
Where the coffee = $5
And the Soap = $20
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the manager of the bank where you work tells you that your bank has $10 million in excess reserves. she also tells you that the bank has $500 million in deposits and $455 million in loans. given this information you find that the reserve requirement must be
The reserve ratio requirement must be 7%
Reserves= deposits-loans
= 500-455
= 45 million
Required reserve= reserve- excess reserve
= 45-10
= 35 million
Required reserve ratio= required reserve/deposits
= 35/500
= 0.07
= 7%
Required reserve ratio- A required reserve ratio is the percentage of deposits that a bank is required by regulators to hold in reserves and not lend out. If the required reserve ratio is one to ten, a bank must keep $0.10 of every dollar in reserves but can lend out $0.90 of every dollar.
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1. A decrease in supply is depicted by a A. movement from point x to point y. B. shift from S2 to S1. C. shift from S1 to S2. D. movement from point y to point x. 2. Using the same graph above, an increase in quantity supplied is depicted by a A. shift from S2 to S1. B. shift from S1 to S2. C. move from point y to point x. D. move from point x to point y. 3. Using the same graph above, a movement along the supply schedule from point x to point y depicts A. a decrease in supply. B. an increase in supply. C. an increase in quantity supplied. D. a decrease in quantity supplied.
1. We can see here that a decrease in supply is depicted by a: B. shift from S2 to S1.
2. Using the same graph above, an increase in quantity supplied is depicted by a: C. move from point y to point x.
3. Using the same graph above, a movement along the supply schedule from point x to point y depicts: D. a decrease in quantity supplied.
What is demand and supply?Demand and supply is actually known to be a relationship that is seen between the quantity that consumers are willing to pay and buy and the quantity of commodity that the manufacturers want to sell at different prices.
A price is usually determined by the interaction that is seen between supply and demand in the market. The principle of supply and demand is known to be the main model of price determination that is used in the economic world world today.
We see here that the given answers are correct. Attached is the image that relates to the question.
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irms usually offer their customers some form of trade credit. this allowance comes with certain terms of credit, which affect the cost of asset of sale for the buyer as well as the seller. consider this case: cold duck manufacturing inc. buys on terms of 2/10, net 30 from its chief supplier.
Payment term of 2/20, net 30 mean if payment is made within 20 days then the customer will get a 2% discount. And the maximum payment term is 30 days.
Cost of credit for one period = 2% / (1 - 2%)= 2.04%
The cost of credit for one period is 2.04%.
Nominal cost of trade credit = 2.04% {365 / (30 - 20)}
= 2.04% 36.50
= 74.46%
Nominal cost of trade credit is 74.46%.
If the supplier shortens the discount period from 20 days to 5 days then the nominal cost of trade credit will decrease.his refers to the money cost of production. This refers to the value of the product in dollars the time when the product was manufactured. Here the inflatons, deflations are not taken into account.
Inflation can be defined as a decrease in the purchasing power of money. This is reflected in higher prices for goods and services in the market. That is, an increase in the price of a commodity over a period of time. One cause of inflation is low supply and high demand for goods and services in the market.
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Which of the following is true at the nominal interest rate (i3) ?
A. The money market is at equilibrium because the quantity demanded is equal to the quantity supplied.
B. There is a surplus in the money market because the quantity demanded is less than the quantity supplied.
C. There is a surplus in the money market because the quantity demanded is greater than the quantity supplied.
D. There is a shortage in the money market because the quantity demanded is greater than the quantity supplied.
E. There is a shortage in the money market because the quantity demanded is less than the quantity supplied.
Because the amount requested and the amount supplied are equal, the nominal interest rate (i3) indicates that the money market is in equilibrium.
Which of the following would cause nominal interest rates to rise?As money demand rises, nominal interest rates also rise. GDP and price levels rise in response to rising aggregate demand, which means individuals will require more money to purchase more products and services. Because of this, there will be a greater need for money, which will raise nominal interest rates.
What elements have an impact on nominal interest rates?Numerous variables, such as the supply and demand of money, federal government action, the central bank's monetary policy, and many others, can affect nominal interest rates.
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according to economic liberals, what is the role of the state in international economics?
The notion that the state exists primarily to amass money is rejected by liberals. The state is there to protect property and to give security, not the other way around. The term "political economy" has come to be used broadly in the liberal tradition to refer to the interaction between governments, markets, welfare, and wealth.
What function does the state serve in economic liberalism?When government action results in inefficient results, economic liberalism is opposed. They are in favor of a powerful state that upholds contract law and the right to private property. Additionally, they might be in favor of government action to address market imperfections.
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