Answer:
The correct option is B
Explanation:
Inflation is the measure which is quantitative in nature as the rate at which the average level of price of the selected goods and services in the economy rises over the year or time period.
It is stated or expressed in terms of percentage, because it indicates or explains the decrease or fall in the purchasing power of currency of the nation.
So, if the inflation is higher than what is expected, then the creditors who invested their money, will receive lower rate of interest then they anticipated as their is decrease of fall in the currency of the nation.
Answer:
$1932.37
Explanation:
To find out how much additional money he must deposit if he waits for 1 year rather than making a deposit today we need to find the difference:
Difference = Value after 1 year - Present value
We first convert the interest rate percentage by dividing interest rate value by 100
Present Value = $40 000 / (1 + 0.035)5 = $7729.47
Value after 1 year = $40 000 / (1 + 0.035)4 = $9661.81
Difference = $9661.81 - $7729.47 = $1932.37
Answer:
812.40 units
Explanation:
Given that,
Annual holding cost percentage = 20%
Ordering cost = $110 per order
Annual demand = 15,000 units
Units Ordered - Price Per Unit
1-250 - $30.00
251-500 - $28.00
501-750 - $26.00
751 and up - $25.00
Optimal order quantity:
= 
= 
= 
= 812.40
Therefore, the optimal order quantity is 812.40 units.
Answer:
Cost of goods sold= $410
Explanation:
Giving the following information:
November 1: 5 units for $20 each.
On November 2, they purchased 10 units at $22 each.
On November 6, they purchased 6 units at $25 each.
On November 8, they sold 18 units for $54 each.
The company uses LIFO (last in, first out) as an inventory method.
Cost of goods sold= 6units*25 + 10units* 22 + 2units* 20= $410
Answer:
<h2>Because firms in a perfectly competitive market does not have any price making ability or market power,they are not able to engage in any price discrimination.Hence,the correct answer is the last option or True,because perfectly competitive firms have no market power.</h2>
Explanation:
In Microeconomics,perfectly competitive markets are characterized by many buyers and sellers in which the sellers and firms usually sell homogeneous or identical products.Now,as there are many firms in the market and no barriers to entry for new firms into the market,the market competition or rivalry is high and hence,no single firm has the ability to determine and manipulate the market price according to their own economic advantage because if any firm tries to do so,it will loose significant market share as most customers would move to other sellers/firms charging lower price or regular market price.Therefore,the market price is fixed in the perfectly competitive market as the firms do not have price making or market power.Consequently,they are not able to charge different prices to different customers according to their maximum willingness to pay or differences in price preferences.
