Answer:
Explanation:
Due to the uneven nature of the cash-flow stream, calculating it manually necessitates determining the present value of each cash flow separately and then summing those values.
The cash flows occur in the following amounts:
The required rate of return is r = 10% = 0.10
The applicable formula is:
Where PV signifies the present value; CF₁, CF₂, CF₃, CF₄ represent the cash flows for years 1 to 4, respectively, and i denotes the annual return.
Inserting the values:
Answer:
c. 0.59
Explanation:
The correlation coefficient represents a statistical indication of how strongly two variables are related. It doesn't possess units such as meters per second or months per pound. A correlation coefficient of 1 signifies a strong positive or direct relationship, while a negative value indicates an inverse relationship.
The responses indicate that it is more cost-efficient for a sole producer to operate in this market versus multiple producers. Additionally, it is indeed correct that natural monopolies can generate positive profits in the short term without government intervention.
Answer:
The answer is "$7,630".
Explanation:
If we take into account that there are four weeks in a month, then
Joe's earnings can be calculated as:
= 
= 
($)
Zola's earnings can be calculated as:
= 
= 
= 
($)
Thus,
The total gross monthly income would be:
= 
= 
= 
($)
Answer:
The slope representing the correlation between ice cream price and the sales quantity is -1/15
Explanation:
To find the slope of the price and quantity of ice cream sold, the following calculation is needed:
Slope= change in yaxis( vertical)/change in xaxis(horizontal)
Slope= change in price/change in quantity demanded
Slope=P2-P1/Q2-Q1
Slope=3-4/35-20
Slope=-1/15
The slope representing the correlation between ice cream price and sales quantity is -1/15
