The percentage change in the bond's price is -2.88%.A bond is an instrument of debt that the borrower agrees to repay at a certain point in time, generally with interest. The bond's coupon is the interest rate that the bond pays, and the bond's yield is the current market interest rate.
A bond's price is inversely related to its yield, which means that as the yield rises, the bond's price falls, and as the yield falls, the bond's price rises. This is the reason why bond prices are volatile in the market.In a bond paying coupons annually, the duration is given by (1+y)/y, where y is the annual yield.
Duration, D= 7.200 years Yield, y= 9% (0.09)Change in yield,
dy = 40 basis points = 0.40%
New yield = y + dy = 9.40% = 0.094
D = (1 + y)/y = (1 + 0.09)/0.09 = 11.11 years.
The percentage change in the bond's price is calculated using the modified duration and the change in yield. The formula is: Percent Change in Bond Price = - Modified Duration × Change in Yield
Therefore, the percentage change in the bond's price is:
Percent Change in Bond Price = - Modified Duration × Change in Yield
= - 7.81 × 0.004
= - 0.03124
= - 3.124%
The percentage change in the bond's price is -3.124%. Therefore, the answer is the option D, -2.88%.
For more about bond's yield:
https://brainly.com/question/14644574
#SPJ11
the well-run organization strives for compensation that treats similar positions equitably and that is competitive with similar employment elsewhere. why? are you sure you agree? if you have doubts, what are the alternatives?
Well-managed organizations will provide alternatives including offering flexible working hours or other forms of benefits such as health insurance or retirement plans.
The well-run organization strives for compensation that treats similar positions equitably and that is competitive with similar employment elsewhere because it helps to attract and retain qualified employees. Offering competitive compensation packages ensures that the organization can attract top talent and keep them motivated to perform their best. Additionally, equitable compensation can improve employee morale and job satisfaction, leading to higher productivity and better outcomes for the organization as a whole.
Learn more about Organization: brainly.com/question/19334871
#SPJ11
kara uses personal connections to obtain scarce intermediate goods that she needs to make her products. in the former soviet union, this was called:
In the former Soviet Union, when individuals use personal connections to obtain scarce intermediate goods that they need to produce their goods or services, this process is known as blat. Blat refers to informal networks of individual favors and obligations that operate outside the official state structures.
What is blat?Blat is a term that refers to informal networks of personal connections that were critical in acquiring goods and services in Soviet Union nations. It was a kind of relationship that offered individuals the ability to obtain scarce items or services that were not available through official channels.
Blat networks were established based on a combination of factors such as personal relationships, long-standing connections, and informal links between individuals, such as friends, family, colleagues, or acquaintances.
These networks were widely employed, especially during the Soviet era, to obtain scarce goods and services that were in high demand. The term blat originated in the Russian language and translates to "connections" or "pull." It was a major factor in the Soviet Union, where official channels were weak, corrupt, or unavailable.
Additionally, blat played a crucial role in Soviet Union social and economic activities, including housing allocation, the distribution of consumer goods, and job placement.
To know more about Soviet Union refer here:
https://brainly.com/question/10173240#
#SPJ11
if ben continued working until he turned 64, would he be able to claim social security benefits, and if so, what percentage of his full benefit would he receive?
Yes, Ben would be able to claim social security benefits if he continued working until he turned 64. He would receive 93.3% of his full benefit.
What are social security benefits?
Social security benefits are cash benefits paid by the government to people who are retired, disabled, or eligible for other reasons. The Social Security Administration (SSA) handles the country's Social Security program, which offers retirement, disability, and survivor benefits.
What is the percentage of social security benefits?
When you claim Social Security before your full retirement age, your monthly payment will be less than your full benefit. If you delay claiming Social Security until after your full retirement age, your monthly benefit will be more than your full benefit. Ben's full retirement age is 66 years and 10 months, so if he claimed Social Security benefits at the age of 64, he would receive 93.3% of his full retirement benefit.
To know more about social security benefits refer here :
https://brainly.com/question/20911574#
#SPJ11
Preparing for a new job by completing non-work related tasks (like scheduling appointments before your start date and practicing your transportation to and from work) is important because
Preparing for a new job by completing non-work related tasks can help reduce stress and anxiety, allowing you to focus on your job responsibilities once you start.
How does scheduling help?Scheduling appointments before your start date can ensure that you don't have to take time off work in the first few weeks to attend to personal matters.
Practicing your transportation to and from work can help you determine the best route and transportation mode, reducing the likelihood of being late or lost on your first day.
These tasks can also help you feel more organized and in control, which can boost your confidence and overall performance in your new role.
Read more about work tasks here:
https://brainly.com/question/14912360
#SPJ1
general roles recognized by society such as father mother child police officer store clerk teacher student business executive and so on are called
The roles that are recognized by society such as father, mother, child, police officer, store clerk, teacher, student, business executive, and so on are called social roles. Social roles are the set of behaviors that individuals are expected to follow when they occupy a particular position in society.
Social roles are a key element of social structure, and they provide people with a sense of order and direction in their lives. Social roles are determined by a variety of factors, including culture, gender, and social class. In some cases, social roles are assigned based on biological factors, such as sex or age.
For example, in many societies, men are expected to be the breadwinners for their families, while women are expected to take care of the home and children. Social roles can also be influenced by the individual's personality, interests, and skills. For instance, a person who is outgoing and friendly may be well-suited for a sales position, while someone who is detail-oriented and analytical may excel as an accountant or scientist.
Moreover, social roles can change over time as people move from one position to another, or as society changes and new roles emerge. Overall, social roles play an important role in shaping our behavior, expectations, and social interactions. They help us understand who we are, where we fit in, and how we should behave in different situations.
To learn more about social roles here:
https://brainly.com/question/14977916#
#SPJ4
a travel agency runs a special in which travelers can purchase a cruise ship ticket and an airline flight ticket to the port city from which the cruise ship leaves for a combined price that is less than the total price at which travelers can purchase each separately. this can be considered:
The given scenario is an example of a travel agency running a special in which travelers can purchase a cruise ship ticket and an airline flight ticket to the port city from which the cruise ship leaves for a combined price that is less than the total price at which travelers can purchase each separately. This can be considered a bundle pricing strategy.
Bundle pricing is a marketing pricing technique where multiple goods or services are sold for a single price. Bundle pricing is one of the most effective ways to improve sales. Bundle pricing involves combining multiple products or services into a single package that is sold at a discounted rate.
In simple terms, Bundle pricing is when a group of goods or services are sold together, at a reduced price when compared to the cost of each item separately. Travel agencies often use this pricing strategy to attract consumers.
Learn more about travel agency here:
brainly.com/question/4246148
#SPJ11
rebeya is setting goals with the executive team of her organization. these goals include financial and productivity goals, as well as environmental and sustainability goals. which type of goals is rebeya establishing?
Rebeya is establishing a set of multidimensional goals that encompass financial, productivity, environmental, and sustainability objectives. These types of goals are commonly referred to as "balanced scorecard" goals or "integrated goals."
The ''integrated goals'' recognizes that an organization's success cannot be measured by financial metrics alone, but rather by a combination of factors that contribute to long-term success and sustainability.
By setting multidimensional goals, Rebeya is taking a holistic approach to management that considers not only the financial bottom line but also the impact of the organization's activities on the environment and society.
See more about financial goals at https://brainly.com/question/2801397.
#SPJ11
awan nakai invests $3,000 in a certificate of deposit for 4 years. the cd earns interest at an annual rate of 5.25% compounded quarterly. what is the annual percentage yield? round to the nearest ten-thousandth (4digits after the decimal).
The annual percentage yield of Awan Nakai's CD is 5.398%
Awan Nakai invests $3,000 in a certificate of deposit (CD) for 4 years at an annual rate of 5.25% compounded quarterly. The annual percentage yield (APY) is the effective rate of interest earned on the CD each year.
The formula for annual percentage yield (APY) is:
APY = (1 + (r/n))ⁿ - 1
where r is the annual interest rate, n is the number of compounding periods in a year.
In this case, r = 5.25% = 0.0525 and n = 4 (since the interest is compounded quarterly).
So, APY = (1 + (0.0525/4))ⁿ - 1
= 0.0538 (rounded to 4 decimal places)
Therefore, the annual percentage yield is 0.0538 or 5.38%.
Therefore, the APY of Awan Nakai's CD is 5.398%, rounded to the nearest ten-thousandth (4 digits after the decimal).
To learn more about annual percentage, visit:
brainly.com/question/14184570
#SPJ11
PILLAY MANUFACTURERS (PM) mutual agreement for work performed at night after 18:00 and before 6:00 the following day. Pillay manufacturers specialises in the manufacturing of fruit juice. Employees at PM have a normal rate. PM provided all black employees with learnerships and learning programmes. Black females are given opportunities to be included in shareholding in the business. Newly appointed employees were given access to the employment contract and were also inducted on different aspects. The induction programme included the following aspects: The tour of the premises, introduction to key people and immediate colleagues and a discussion of employee benefits. The business strives to set a code for ethical and effective leadership by the board of directors, by ensuring that all King Code principles are applied in all dealings. Employees have demonstrated some unprofessional business practices by taking extended lunch breaks to do their shopping. 1.1.1 PM needs to identify problems that affect their operations to make informed decisions. Brainstorming and force field analysis have been applied to enable them to solve complex business problems. Name TWO provisions of BCEA from the scenario above
Considering the scenario above, the two provisions of the BCEA would be:
The mutual agreement for night work after 6 pm and 6 am.The induction program that includes discussing employee benefits.What is the BCEA?Corresponds to an acronym for Basic Conditions of Employment Act, which is a South African labor law, which aims to provide decent standards and rights for local workers. Some of its principles are related to:
Working hoursOvertimeAnnual leaveLicensesTermination of the employment contractTherefore, BCEA is essential for labor regulation in South Africa, establishing rules on wages, child labor and other workers' rights.
Find more about work laws at:
https://brainly.com/question/26463698
#SPJ1
a u.s. insurance company purchased british 20-year treasury bonds instead of u.s. 20-year treasury bonds because the coupon rate was 2 percentage points higher on the british bonds. assume that the insurance company sold the bonds after five years. its yield over the five-year period was substantially less than the yield it would have received on the u.s. bonds over the same five-year period. assume that the u.s. insurance company had hedged its exchange rate exposure. given that the lower yield was not because of default risk or exchange rate risk, explain how the british bonds could have generated a lower yield than the u.s. bonds. (assume that either type of bond could have been purchased at the par value.) if british interest rates declined or remained constant while u.s. interest rates increased, the u.s. bonds could have been sold at a much higher price than british bonds. if british interest rates increased or remained constant while u.s. interest rates declined, the u.s. bonds could have been sold at a much higher price than british bonds. if british interest rates increased or remained constant while u.s. interest rates declined, the u.s. bonds could have been sold at a much lower price than british bonds.
The 20-year Treasury bonds purchased by the U.S. insurance company were British, rather than U.S. bonds, because the coupon rate was 2 percentage points higher on the British bonds.
After five years, the yield the insurance company received from the British bonds was substantially lower than the yield it would have received from the U.S. bonds.
This lower yield was not due to default or exchange rate risk, as the company had hedged its exchange rate exposure.
The lower yield was likely due to changes in interest rates. If British interest rates decreased or remained constant while U.S. interest rates increased, the U.S. bonds could have been sold at a much higher price than the British bonds, which would have resulted in a lower yield for the insurance company.
Similarly, if British interest rates increased or remained constant while U.S. interest rates declined, the U.S. bonds could have been sold at a much lower price than the British bonds, again resulting in a lower yield.
To learn more about treasury bonds, refer below:
https://brainly.com/question/29633937
#SPJ11
jim's car was totaled in a wreck. he failed to yield to oncoming traffic and jim was found to be at fault. the driver of the car he hit did not have insurance. jim's own car insurance policy reimbursed him for the property damage to his own vehicle. what type of coverage would pay for this? g
Option (d) is correct. If Jim’s own car insurance policy reimbursed him for the property damage to his own vehicle then collision coverage would pay for that.
Collision coverage insurance is known for a coverage which helps pay to repair or replace your car if it's damaged in an accident with another vehicle or object such as a fence or a tree. If you're leasing or financing your car this insurance coverage is required by the lender. If your car is paid off, collision is an optional coverage on your car insurance policy as per the collision insurance. It helps pay to repair or replace your vehicle if it's damaged from collision with another vehicle, collision with an object, such as a building or a tree, single-car accident that involves rolling or falling over badly. This insurance coverage has a limit which is the maximum amount your policy will pay toward a covered claim.
To learn more about Collision coverage
https://brainly.com/question/27870489
#SPJ4
The complete question is,
Jim’s car was totaled in a wreck. He failed to yield to oncoming traffic and Jim was found to be at fault. The driver of the car he hit did not have insurance. Jim’s own car insurance policy reimbursed him for the property damage to his own vehicle. What type of coverage would pay for this?
A)Liability coverage.
B)Uninsured motorist coverage.
C)Comprehensive coverage.
D)Collision coverage.
which of the following items are included in cash? multiple select question. checks from customers accounts receivable from customers currency and coins balance in checking accounts notes receivable from customers
Currency and coins are physical forms of money and are the most liquid assets of a business and is included in cash.
Therefore, correct option is : A. Currency and coins.
Checks from customers are pieces of paper that are written by customers that promise payment of a certain amount of money. Balance in checking accounts refers to the amount of money available in a business’s checking account.
Accounts receivable from customers are not considered cash. Accounts receivable is an asset that arises from the sale of goods or services and represents the amounts due from customers. Notes receivable from customers are not considered cash either. Notes receivable is a legal promise to pay a certain amount of money at a specified date and may involve interest payments.
know more about Currency here
https://brainly.com/question/14372075#
#SPJ11
what are the major determinants of price elasticity of demand? instructions: in order to receive full credit, you must make a selection for each option. for correct answer(s), click the box once to place a check mark. for incorrect answer(s), click the option twice to empty the box.
The major determinants of price elasticity of demand are the availability of substitutes, the necessity of the item, the share of the item in the consumer's budget, and the time frame over which the demand is considered.
Price elasticity of demand refers to how responsive consumers are to changes in the price of a good or service.
Availability of Substitutes: The availability of substitutes determines how easily a consumer can find another good to fulfill their needs. The more substitutes available, the more price elastic the demand.
Necessity of Item: The necessity of the item determines how much consumers are willing to pay. Necessary items, such as food, will have more inelastic demand than luxury items, like jewelry.
Share of Item in Consumer's Budget: The share of the item in the consumer's budget determines how sensitive consumers are to changes in the price of the item. Items that are a large share of the consumer's budget will be more price elastic than items that are only a small share of the budget.
Time Frame: The time frame over which the demand is considered determines how quickly consumers can adjust their spending. If the time frame is longer, consumers have more time to adjust their spending and the demand will be more price elastic.
In conclusion, understanding the major determinants (availability of substitutes, the necessity of the item, the share of the item in the consumer's budget, and the time frame over which the demand is considered) of price elasticity of demand is crucial for businesses when setting prices. Businesses must consider the availability of substitutes, the proportion of income spent on the product, the necessity of the product, the time available for consumers to adjust, and the degree of brand loyalty in order to determine the optimal price for their product.
For more such questions on Price elasticity of demand.
https://brainly.com/question/13565779#
#SPJ11
derivation inc. has a bond with the following characteristics: par: $1,000 time to maturity: 20 years coupon rate: 4%, semi-annual payments yield to maturity: 4% calculate the price of the bond
The price of the bond issued by Derivation Inc. is $977.48.
The price of the bond can be calculated by using the present value formula, which takes into account the par value, the yield to maturity, the coupon rate, and the time to maturity. The formula is as follows:
[tex]Price of Bond = Par Value * [1 - (1 + YTM/2) ^{-2 x Years to Maturity}] / [YTM/2][/tex]
In this case, the par value is $1,000,
the yield to maturity is 4%,
the coupon rate is 4%,
and the time to maturity is 20 years.
Thus, the price of the bond is calculated as follows:
[tex]Price of Bond = 1000 * [1 - (1 + 0.04/2) ^{-2 x 20}] / [0.04/2][/tex]
Price of Bond = 1000 x [1 – 0.9512258] / 0.02
Price of Bond = 1000 x 0.04877422 / 0.02
Price of Bond = $977.48
Therefore, the answer would be $977.48.
To know more about bonds, refer here:
https://brainly.com/question/29667007#
#SPJ11
what a group of people believe to be good, right, and desirable is the definition ofmultiple choice question.government.culture.economics.values.
Culture is the correct answer for the given question.What a group of people believe to be good, right, and desirable is the definition of culture.Culture is defined as the way of life of a particular group of people, including their behaviors, beliefs, values, and symbols.
It encompasses every aspect of their life, such as language, religion, music, art, customs, traditions, and social norms.Culture is a dynamic concept that is constantly evolving over time. It is a product of human creativity and adaptability to the environment.
It helps people to make sense of the world and create a sense of identity, community, and belongingness.Culture influences how people behave, communicate, and interact with each other. It also shapes their perceptions, attitudes, and beliefs about the world.
It plays a vital role in shaping people's lives, relationships, and social institutions.
TO KNOW ABOUT culture:
https://brainly.com/question/13599991
#SPJ11
) which is an impact of the national grange? (5 points) a the creation of agricultural colleges b the creation of a federal income tax c limits on the price railroad companies could charge farmers d limits on the amount of land farmers could plant each year brainly
Answer: Its C
Explanation:
I took the quiz and got it right
An impact of the National Grange can be, it d. limits on the amount of land farmers could plant each year.
The National Grange of the Order of Patrons of Husbandry had an impact on farmers by limiting the amount of land farmers could plant each year. This was done to conserve the soil and promote sustainable agriculture.
Additionally, the National Grange had an impact on railroad companies by limiting the price they could charge farmers for transporting goods. These measures were created to help farmers maintain their livelihoods.
For more such questions on National Grange.
https://brainly.com/question/655070#
#SPJ11
which allocation base is best for the decision of whether or not to eliminate a product that has joint costs
Relative sales value allocation base is best for the decision of whether or not to eliminate a product that has joint costs.
As a result of the equitable cost distribution across products, each product experiences roughly the same margins. Product margins could still differ, though, depending on the expenses each product faces after the allocation point. the distribution of common expenses in accordance with the market value of the emerging products. For instance, a business spends $5 million developing a sizable piece of land. Each lot will cost between $100,000 and $300,000.
Additionally, this approach guarantees that, unless total joint costs exceed total revenue, joint costs allocated to each product will not exceed sales revenue for each product. Therefore, The best method for choosing whether or not to eliminate a product with shared costs is the relative sales value allocation base.
Learn more about relative sales value at:
brainly.com/question/30076311
#SPJ4
according to karl marx, how do capitalists profit by extracting surplus labor value from workers? group of answer choices
Karl Marx believed that capitalists profit by extracting surplus labor value from workers.
This occurs when capitalists pay workers only for a portion of their labor, while taking the rest of their labor as profits. The difference between the value of the labor and the wages the workers receive is what Marx referred to as surplus labor value.
In other words, capitalists are able to acquire a larger amount of labor than they are paying for. For example, a capitalist may pay a worker $10 an hour, but the actual value of their labor could be much higher than that.
The difference between the $10 and the true value of their labor is the surplus labor value that the capitalist is able to extract. By extracting surplus labor value, capitalists are able to increase their profits without directly increasing their wage costs.
To know more about capitalists click on below link:
https://brainly.com/question/9281343#
#SPJ11
suppose the gasoline tax is increased. will gasoline sellers, workers, or consumers be most impacted? use the concept of elasticity to explain your answer.
The increase in the gasoline tax will most likely impact consumers the most. The concept of elasticity states that when the price of a good increases, the demand for that good decreases, and vice versa. Therefore, when the gasoline tax is increased, consumers will likely buy less gasoline, thus impacting them the most.
When the gasoline tax is increased, it will have the most impact on consumers. This is due to the concept of elasticity, which states that the responsiveness of demand to changes in prices is dependent on the good or service being provided. In the case of gasoline, demand is relatively inelastic, meaning that an increase in the tax rate will cause a larger proportional increase in the price of gasoline than in the quantity sold. Thus, consumers will feel the greatest impact of the increased gasoline tax.
Here you can learn more about concept of elasticity https://brainly.com/question/27720441
#SPJ11
true or false: many jobs can be done quickly and well when each person specializes. true false question. true false
Many jobs can be done quickly and well when each person specializes. This statement is true.
Explanation: Specialization is one of the significant benefits of the division of labor. It is a system in which each worker performs only one task, and the result is that every worker becomes proficient in his or her task because of the constant repetition.
Most jobs may be done better and more efficiently when each person specializes. It helps to enhance production and efficiency. When each worker has a specific job to complete, they can focus on it and become more skilled, which leads to improved production quality and quantity.
It is more straightforward to achieve perfection when you concentrate on a single task, and it is also easier to enhance your skills, knowledge, and proficiency. Thus, many jobs can be done quickly and well when each person specializes.
To learn more about specialization, refer below:
https://brainly.com/question/3722777
your journal what‘s the difference between sales tax and excise tax?
Excise taxes are typically levied on a per-unit basis rather than as a percentage of the buy price, in contrast to general sales taxes. For instance, the excise duty on cigarettes is determined in cents per pack.
Additionally, the majority of petroleum taxes are calculated in cents per gallon. The current sales tax stipulates that it must be paid after a transaction or other special circumstance. While in the case of service tax, it is accounted for at the conclusion of the three-month period and becomes due when payment is received, or if not, from the date of the invoice.
To learn more about taxes, click here.
https://brainly.com/question/16423331
#SPJ4
priam designs inc. is recruiting fashion designers through linkedin. this recruiting approach typically provides direct access to the .
Priam Designs Inc. is recruiting fashion designers through LinkedIn, which typically provides direct access to potential candidates.
This approach can be beneficial for the company, as it allows them to search for highly qualified professionals in the fashion industry.
Additionally, LinkedIn offers various tools to help companies better manage their recruitment process, such as viewing profiles, searching for qualified individuals, and tracking applications.
Additionally, LinkedIn can be used to post job openings, send messages to candidates, and screen applications. By utilizing LinkedIn for their recruiting needs, Priam Designs Inc. can ensure they are connecting with the best talent in the fashion industry.
To know more about fashion designers refer here:
https://brainly.com/question/30593045#
#SPJ11
if a checking account has an interest rate of 1% and a government treasury bill has an interest rate of 3%, the opportunity cost of holding cash in your wallet is:
If a checking account has an interest rate of 1% and a government treasury bill has an interest rate of 3%, the opportunity cost of holding cash in your wallet is 2%.
Opportunity cost is the foregone value of the next-best option that was not taken. The opportunity cost of holding cash in your wallet refers to the interest forgone by not placing it in an investment with a higher interest rate. A checking account is a deposit account held at a bank or other financial institution that allows withdrawals and deposits.
The account holder is permitted to withdraw cash, utilize debit or credit cards, and transfer money electronically. A government treasury bill is a short-term bond issued by the government to fund its short-term needs.
It is regarded as one of the safest investments because the government is considered to be extremely creditworthy. Investors can buy a Treasury bill at a discount and receive the full value when it matures. They are regarded as safe investments since they are supported by the government.
Therefore, the opportunity cost of holding cash in your wallet is 2%.
To know more about opportunity cost, click on the link below:
https://brainly.com/question/13036997#
#SPJ11
do trade restrictions evoke retaliation by trade partners, and how would this affect the gains from trade?
Yes, trade restrictions can evoke retaliation by trade partners, which can reduce the potential gains from trade.
Trade restrictions do evoke retaliation by trade partners, and this affects the gains from trade significantly. Trade restrictions and retaliations can lead to economic difficulties for both the country imposing the tariffs and the country affected by the tariffs.
A trade restriction is an action taken by a government to restrict or prohibit imports or exports of goods and services. Tariffs, quotas, and subsidies are examples of trade restrictions.
They are put in place to protect domestic industries or to address political concerns. Trade retaliation is a response to trade restrictions.
It refers to the act of imposing restrictions on another country in retaliation for the restrictions imposed by that country.
So, Yes trade restrictions evoke retaliation by trade partners affecting the gains from trade.
Learn more about retaliation here:
https://brainly.com/question/9643279
#SPJ11
tennis rackets and ballpoint pens are: group of answer choices substitute goods. complementary goods. inferior goods. independent goods.
These goods are considered inferior because they are of lower quality or have fewer features than the preferred brands, but they are more affordable and can help people stretch their budgets further.
Tennis rackets and ballpoint pens are examples of independent goods because they are not related to each other. A change in the price or demand of one will not significantly affect the price or demand of the other.
In contrast, substitute goods are close enough substitutes that they can be used in place of one another. For example, if the price of one brand of tennis racket increases significantly, consumers may choose to purchase a different brand that is cheaper or of comparable quality.
Similarly, if the price of ballpoint pens increases, consumers may choose to purchase a different type of pen or writing instrument.
Complementary goods are goods that are typically bought and used together. For example, tennis rackets and tennis balls are complementary goods because they are often used together for playing tennis. Another example is coffee and cream, as many people prefer to add cream to their coffee.
Inferior goods are goods that people tend to buy more of when their incomes decrease. For example, if someone's income decreases, they may choose to buy cheaper brands of food or clothing, rather than their preferred brands.
These goods are considered inferior because they are of lower quality or have fewer features than the preferred brands, but they are more affordable and can help people stretch their budgets further.
To know more about inferior goods refer here:
https://brainly.com/question/24100151#
#SPJ11
suppose you have two workers performing the same task in parallel. each worker can handle one order at a time. worker a can process an order in 0.1 hours; worker b is slower, taking 0.25 hours per order. how many units per hour can both workers produce in combination?
Both workers together can produce two orders per hour.
This can be calculated by finding the amount of time it takes for both workers to complete two orders.
Worker A can complete one order in 0.1 hours, so two orders in 0.2 hours.
Worker B can complete one order in 0.25 hours, so two orders in 0.5 hours.
The total time it would take for both workers to complete two orders is 0.2 + 0.5 = 0.7 hours.
This means that both workers in combination can produce two orders per hour (2/0.7 = 2.86 orders/hour).
To summarize, if you have two workers working on the same task, with Worker A taking 0.1 hours per order and Worker B taking 0.25 hours per order, they can produce two orders per hour in combination.
For more such questions on Production & Time.
https://brainly.com/question/27441955#
#SPJ11
one of your roles as a social media marketer is to mitigate any chance of getting blindsided by a crisis. how do you do that?
In order to mitigate any chance of getting blindsided by a crisis as a social media marketer, it is important to stay vigilant and be aware of any potential risks or issues that could arise.
Monitor trending topics and industry news, as well as customer feedback, for any signs of an issue. Additionally, be prepared with a crisis plan that can be implemented quickly if needed.
This should include a plan of action for communication, strategies for addressing and resolving any issues, and clear lines of authority for decision making.
That way, if a crisis does arise, your team will be ready to handle it.
To know more about crisis plan click on below link:
https://brainly.com/question/27992220#
#SPJ11
corn crunchers has three product lines. its only unprofitable line is corn nuts, the results of which appear below for 2013: if this product line is eliminated, 30% of the fixed expenses can be eliminated. how much are the relevant costs in the decision to eliminate this product line? question 18 options: $180,000 $1,520,000 $1,340,000 $1,100,000
The relevant costs in the decision to eliminate the Corn Nuts product line are the fixed expenses that can be eliminated and the contribution margin that would be lost if the product line is eliminated.
From the information given, the total fixed expenses for the company are $4,500,000 and 30% of these expenses can be eliminated if the Corn Nuts product line is eliminated. Therefore, the fixed expenses that can be eliminated are $1,350,000 ($4,500,000 x 0.3). The contribution margin for the Corn Nuts product line is $750,000. This is the amount of revenue generated from the product line minus its variable expenses. Therefore, the relevant costs in the decision to eliminate the Corn Nuts product line are $2,100,000 ($1,350,000 + $750,000). The correct option is $2,100,000.
To know more about fixed expenses click here:
brainly.com/question/18520563
#SPJ11
a manufacturer purchased $15,000 worth of equipment with a useful life of six years. assuming 9% interest, the equivalent uniform annual cost of the equipment is
The equivalent uniform annual cost of the equipment, assuming 9% interest, if a manufacturer purchased $15,000 worth of equipment with a useful life of six years is $3,230.26.
What is the Equivalent Uniform Annual Cost (EUAC)?
The equivalent uniform annual cost (EUAC) is the present value of a project's annual costs, determined using a fixed real discount rate or cost of capital, divided by the present value of the expected future cash flows.
It is also known as the annualized cost or present worth cost. The EUAC is used to compare alternative projects or alternatives within a project when the lifespan or horizon is uneven.
It measures the capital recovery cost per year plus interest on capital remaining invested in the project. It is calculated as follows:
EUAC = (A/P, i, n) + (i x NPW)
Where:
NPW = Present worth of costs.
A/P, i, n = The annual payment factor
i = Discount rate or cost of capital
n = The life of the project.
A/P, i, n is the annual payment amount at i interest rate for n number of years; i x NPW is the sum of interest on the remaining invested capital.
Step-by-step explanation:
A = 15000
n = 6
i = 9%
$\large\frac{i}{100}$ = 0.09
Present worth = A(P/F, i, n) = 15000(P/F, 9%, 6) = 15000 x 0.5584 = 8376
Annual payment (A) = P(A/F, i, n) = 8376(A/F, 9%, 6) = 1631.86
EUAC = (A/P, i, n) + (i x NPW) = (1631.86 / 0.5584) + (0.09 x 8376 / 0.5584) = 2926.40 + 303.86 = 3,230.26
Therefore, the equivalent uniform annual cost of the equipment, assuming 9% interest, if a manufacturer purchased $15,000 worth of equipment with a useful life of six years is $3,230.26.
To learn more about equivalent uniform annual cost, refer below:
https://brainly.com/question/14580707
#SPJ11
When the US government engages in deficit spending, that spending is primarily financed by
(a) increasing the required reserve ratio
(b) borrowing from the World Bank
(c) issuing new bonds
(d) appreciating the value of the dollar
(e) depreciating the value of the dollar
The US government engages in deficit spending, that spending is primarily financed by issuing new bonds. The statement is true.
The deficit is the difference between the government's expenses and its revenue. If the government's expenses are greater than its revenue, it will have to borrow money to make up the difference.
The United States has been running a budget deficit for several years, which means that it has been spending more than it receives in revenue.
The US government can finance this deficit spending by selling Treasury bonds to investors. When the government sells Treasury bonds, it borrows money from investors who buy the bonds.
In return for lending the government money, investors receive interest payments. The US government can also borrow money by issuing Treasury bills, which are short-term debt securities.
When the US government issues new bonds, it raises money from investors who are willing to lend the government money. This money can be used to finance the government's expenses. The government must pay interest on the bonds, so it is essentially borrowing money at a cost.
When the US government engages in deficit spending, it primarily finances that spending by issuing new bonds. These bonds are essentially loans to the government from investors, who expect to be repaid with interest.
By issuing new bonds, the government is able to obtain the funds needed to cover its expenses when tax revenues are insufficient. This process helps the government maintain its operations and fund various projects without immediately raising taxes or cutting spending.
Depreciating the value of the dollar is not a primary method of financing deficit spending. However, it can be an indirect consequence of large-scale deficit spending over time.
This, in turn, can cause inflation and a depreciation of the dollar's value.
for search more questions on expenses
https://brainly.com/question/15707254
#SPJ11
(c) issuing new bonds.
Deficit spending occurs when the government spends more money than it collects in revenue. To finance this spending, the government can borrow money by issuing bonds, which are essentially IOUs that promise to repay the borrowed money with interest at a later date. This is the primary way in which the US government finances its deficit spending. Increasing the required reserve ratio would be a monetary policy tool used by the Federal Reserve to regulate the amount of money banks can lend out, and has no direct relation to deficit spending. Borrowing from the World Bank is a possibility, but not the primary method used by the US government. Appreciating or depreciating the value of the dollar can have an impact on deficit spending and the economy, but is not a direct method of financing deficit spending.
to learn more about: Deficit spending .
https://brainly.com/question/29617822
#SPJ11