In the rental housing market, what would be the effect of a rent control that was set at the market equilibrium rental price it would have no impact on the number of housing units available.
The correct answer is (C).
When rent control is set at the market equilibrium rental price, it means that the price ceiling is set at the market price level. This creates no incentive for landlords to raise their rents, but also no incentive for them to provide more housing units. As a result, the quantity supplied of rental housing will remain the same as before, and the quantity demanded will also stay the same since renters will not have an incentive to consume more rental housing at the same price level.
If the rent control was set below the market equilibrium price, it would create a shortage of rental housing since the quantity supplied would decrease due to the lack of incentive for landlords to produce more rental housing, and the quantity demanded would increase since renters would want to consume more rental housing at a lower price level.
Thus, rent control set at the market equilibrium rental price would not affect the quantity of housing units available in the rental housing market.
The correct answer is (C).
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One of the major challenges of good design is to meet current needs while preserving the environment for future generations. Group of answer choices true false
It is TRUE that one of the major challenges of good design is to meet current needs while preserving the environment for future generations.
Creating systems, structures, and products that satisfy the demands of the present generation without compromising the capacity of future generations to satisfy their own needs is the idea behind sustainable design. This necessitates taking into account how design choices will affect the environment and figuring out how to limit waste, lower energy use, and safeguard natural resources. In order for products and systems to be used over an extended length of time without becoming outdated or needing replacement, sustainable design also entails making them robust and adaptive.
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Mary uged to go to a reataurant to order pasta. Now she cooks pasta at home. This change in behavior, by itvelf, has
A. increaged measured GDP.
B. not affected meagured GDP.
C. decreased measured GDP by the value of the restauran meal.
D. decreased measured GDP by the value added by the restaurant's preparation and serving of the meal.
The change in behavior, by itself, has decreased measured GDP by the value added by the restaurant's preparation and serving of the meal. Therefore, alternative D. is correct.
Mary's decision to cook pasta at home instead of going to a restaurant means that the value added by the restaurant's preparation and serving of the meal is no longer included in GDP. This value added represents economic activity that generates income and employment for the restaurant and its employees.
As a result, Mary's change in behavior decreases measured GDP by the value added by the restaurant's preparation and serving of the meal.
In conclusion, alternative D. is correct.
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which of the following is a memory strategy that is mastered during adolescence? which of the following is a memory strategy that is mastered during adolescence? elaboration seriation conservation software
The memory strategy that is mastered during adolescence is elaboration.
Elaboration is a memory strategy that involves making connections between new information and information that is already known. This strategy is often used during adolescence, as individuals are able to make more complex connections and associations between different pieces of information.
Elaboration helps to improve memory retention and recall, as it creates more pathways for information to be accessed in the brain.
Seriation, conservation, and software are not memory strategies that are mastered during adolescence.
Seriation is a cognitive skill that involves putting objects in a specific order based on a particular characteristic.
Conservation is the understanding that certain properties of an object, such as volume or mass, remain the same even if the object's appearance changes.
Software is a type of computer program that is used to perform specific tasks.
Therefore, the correct answer is elaboration.
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Which of the following does the Hippocratic oath not promise?
*
1 point
Doctors will help their patients to the best of their ability
Doctors will keep what their patients tell them secret
Doctors will treat only the symptoms of an illness, not the cause
Doctors will not harm anyone purposefully
The Hippocratic Oath does not promise that: C. doctors will treat only the symptoms of an illness, not the cause.
Which of the following does the Hippocratic oath not promise?The oath requires doctors to help their patients to the best of their ability, keep what their patients tell them secret, and not harm anyone purposefully. Additionally, the oath requires doctors to uphold ethical standards and to respect their teachers and colleagues.
In fact, the oath emphasizes that physicians must do their best to help their patients to the best of their ability, which includes diagnosing and treating the underlying cause of an illness, not just the symptoms.
On the other hand, the oath requires doctors to keep what their patients tell them confidential, as trust is an essential element in the physician-patient relationship. The oath also requires doctors to do no harm, which means that physicians must act in the best interest of their patients and avoid causing them any intentional harm.
Therefore the correct option is C.
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match the defense mechanism (denial of reality, fantasy, intellectualization, undoing, or overcompensation) with the following examples. group of answer choices undoing [ choose ] overcompensation a women who feels guilty about insulting her co-worker excessively praises her after each insult. intellectualization a smoker concludes that the evidence linking cigarette use to health problems is scientifically useless. denial of reality [ choose ] fantasy [ choose ]
The defense mechanisms can be matched with the examples as follows:
- Undoing: A women who feels guilty about insulting her co-worker excessively praises her after each insult. This is an example of undoing because the woman is trying to "undo" the negative effects of her insult by excessively praising her co-worker.
- Overcompensation: A smoker concludes that the evidence linking cigarette use to health problems is scientifically useless. This is an example of overcompensation because the smoker is trying to compensate for their unhealthy behavior by denying the evidence linking it to health problems.
- Intellectualization: A person who is in denial of reality may use intellectualization as a defense mechanism. This involves using logical reasoning to explain away or justify their behavior.
- Denial of reality: A person who is in denial of reality may refuse to accept the facts or evidence that contradicts their beliefs or behaviors.
- Fantasy: A person who is in denial of reality may use fantasy as a defense mechanism. This involves escaping from reality by imagining or daydreaming about an alternate reality.
In conclusion, the defense mechanisms can be matched with the examples as follows: undoing with the woman who excessively praises her co-worker, overcompensation with the smoker who denies the evidence linking cigarette use to health problems, intellectualization with a person
who uses logical reasoning to justify their behavior, denial of reality with a person who refuses to accept the facts, and fantasy with a person who escapes from reality through imagination.
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Define what it means for two goods to be perfect complements and perfect substitutes, and use a specific pair in both cases in your example. Then draw indifference curves both for perfect complements and perfect substitutes.
Perfect complements are goods consumed together in fixed proportions, such as left and right shoes.
Indifference curves for perfect complements are right angles, while perfect substitutes are goods consumed interchangeably in equal proportions, and their indifference curves are straight lines.
Perfect complements are goods that are always consumed together in fixed proportions, such that the consumption of one good requires the consumption of a specific amount of the other good.
An example of perfect complements is left and right shoes, where a consumer would always need to consume one left shoe and one right shoe to derive any utility from the goods.
On the other hand, perfect substitutes are goods that can be consumed interchangeably in equal proportions, such that the marginal utility of one good is equal to the marginal utility of the other good. An example of perfect substitutes is two brands of cola, where the consumer can derive the same amount of utility from consuming either brand.
To draw indifference curves for perfect complements, the curves will appear as right angles, with each point along the curve representing the fixed proportion of the two goods. In contrast, indifference curves for perfect substitutes will be straight lines, with each point representing the equal proportion of the two goods that yields the same level of utility.
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Assume the economy is operating at P1Y2.
Which of the following would cause a shift to bring the economy to P3Yf?
Real wages fall.
Productivity increases.
Personal income taxes increase.
Transfer payments decrease.
A major hurricane hits the southeastern United States.
Answer:59695=58893
Explanation: because we use neiten rules which is 5854=7485
In Yogacara Buddhism, the Alaya-Vijnana has been likened to what? Hallucinogens Shamanism Religion The Unconscious
In Yogacara Buddhism, the Alaya-Vijnana has been likened to the Unconscious. Option D is the correct answer.
Alaya-vijnana is a Sanskrit word that means "storehouse" or "repository." According to Yogacara Buddhism, Alaya is a storehouse or accumulation of all our karma, deeds, actions, and mental states that exist within our consciousness. This "store consciousness" stores all the imprints of past actions and experiences, and these imprints continue to impact our current behavior and perception.
In Yogacara Buddhism, the concept of Alaya-Vijnana was compared to the Unconscious or Subconscious of Western psychology. It has a deep impact on a person's mind and influences their perceptions, emotions, and behavior. The Alaya-Vijnana serves as the source of all sensory and mental experiences, and it provides the foundation for all cognitive and volitional activities.
The notion of Alaya-Vijnana enables Yogacara practitioners to recognize and understand their minds' intricacies and how mental patterns and concepts affect their behavior. The idea suggests that practitioners should cultivate awareness and self-reflection to better understand their true nature and increase their spiritual growth.
Thus, option D is the correct answer.
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What affects how big the loss in employment (the equilibrium quantity of labor) is due to the minimum wage?
A. The elasticity of labor demanded
B. The elasticity of labor supply
C. Both
The employment reduction from a minimum wage will be larger when?
A. The elasticity of labor demanded is smaller (in absolute value)
B. The elasticity of labor demanded is larger (in absolute value)
C. Employment is higher without the minimum wage
D. Employment is lower without the minimum wage
Minimum wages _____ while subsidies _____.
A. Raise wages and reduce employment; raise wages and reduce employment
B. Raise wages and raise employment; raise wages and reduce employment
C. Raise wages and reduce employment; raise wages and raise employment
D. Raise wages and reduce employment; reduce wages and raise employment
A. Both the elasticity of labor demanded and the elasticity of labor supply affect how big the loss in employment (the equilibrium quantity of labor) is due to the minimum wage.
How did the employment reduction affect?B. The employment reduction from a minimum wage will be larger when the elasticity of labor demanded is larger (in absolute value).
C. Minimum wages raise wages and reduce employment, while subsidies raise wages and raise employment. Therefore, the correct answer is A: "Raise wages and reduce employment; raise wages and reduce employment."
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Jenna is interested in the association between the height of professional basketball players and their free-throw shooting percentage. She looks at the correlation between NBA players and their free-throw percentage from last season and she finds a statistically significant negative association. Jenna's friend Elizabeth suggests Jenna should look at a scatterplot of the data. Jenna follows Elizabeth's advice and finds one of the players is much shorter than the rest of the players and that player has a much better free-throw shooting percentage. When Jenna removes this player from her analysis, she finds there is no longer a statistically significant relationship between height and free-throw shooting. Which kind of problem has Elizabeth helped Jenna identify?
In the aforementioned situation, it may be concluded that Jenna is facing problems related to an outlier in the sample, which has been helped by Elizabeth to identify.
The process of identifying problems may be taken into the general sense of interpretation as the process wherein the factors that lead to the occurrence of a problem are assessed, and noted down. It is the first step that comes before making strategies or course of actions to solve the problems that arise thereunder. Thus, the said statement holds relevance in the introductory part.
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What does it mean when a person has "limited resources"? When is a resource considered scarce? (Site 1)
When did the states of the Upper South, like Virginia and Tennessee, secede?
A. When they heard that Britain would give them weapons
B. After South Carolina asked them to
C. After Lincoln asked them to provide troops to fight the South
D. After they were invaded by soldiers from South Carolina
SUBMIT
Answer:
The answer is C
Explanation:
I just learned this last month.
What human activities led to the explosion of mesquite in the united states
United State's mesquite population has increased due to factors like drought, overgrazing, Wagnerians travelling through the state, and trail drives.
There are a number of human actions that can be blamed for the explosion of mesquite in the United States, including:
Overgrazing: Due to overgrazing by animals, notably cattle and goats, mesquite has become invasive in many locations. Mesquite can spread rapidly in affected regions due to overgrazing, which can create conditions where it can outcompete natural flora.
Change in land use: Natural ecosystems have been affected by human activities including deforestation, urbanization, and agricultural development, which have also produced favorable conditions for the growth and spread of mesquite.
Fire suppression: Mesquite is evolved to settings that are prone to fire and has the ability to naturally grow new leaves after a fire. Human efforts to put out fires have decreased the frequency of wildfires and improved circumstances for the growth of mesquite.
Climate change: Mesquite is a drought-tolerant species, and climate change has increased aridity in some locations, which has led to the development of suitable environmental conditions for mesquite growth.
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laurissa is a new missionary that has just arrived in bolivia to begin her mission. she is from the united states and has never been around bolivian people or experienced their culture. when she arrives, she isn't sure how to greet locals or ask for directions, so she tries to act like the other missionaries around her are acting. she assumes that they know what they are doing since they have been in bolivia for the past year. what is laurissa relying on?
Laurissa is relying on her observation of the other missionaries around her who have been in Bolivia for the past year and whom she assumes to have a knowledge of the language and culture of Bolivia.
Culture is a system of beliefs, values, and customs shared by people in a group or society that guide their behavior and way of life. It is significant because it provides a sense of belonging and identity to the people who share it. Relying is the act of depending on something or someone for assistance, support, or information.
In this scenario, Laurissa is a new missionary who has just arrived in Bolivia to start her mission. She is from the United States and has never been around Bolivian people or experienced their culture. When she arrives, she tries to act like the other missionaries, assuming that they know what they are doing since they have been in Bolivia for the past year. Therefore, Laurissa is relying on the other missionaries around her who have been in Bolivia for the past year.
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why are some christians pacifists?
Pacifists oppose all forms of aggression. They believe that dispute should not be resolved through violence. They believe that other nonviolent means should be employed.
The early Christians understood Jesus' commandments as prohibiting them from fighting in battles or being violent. In the Gospel of Matthew, Jesus said: Today, most Religious groups have pacifists. Some Christian denominations instruct their followers that the only appropriate reaction to violence is pacifism. Pacifist organisations include the Mennonites, Amish, and the Gathering of Friends in Wales (Quakers).
Conscientious objectors may be allocated to a civilian position in nations where military conscription is obligatory. The United Nations supported the rights of conscientious opponents.
Is
economies of scale the same as return to scale? Where in the income
statement (or other financial statements) are you able to compare
the inputs and outputs to assess this changing relationship?
Economies of scale and returns to scale are not the same things. As income statement shows a company's expenses and revenues, it can be utilized to compare inputs and outputs in the operation section.
Economies of scale refer to the cost savings that arise when a firm produces more products, while returns to scale refer to the relationship between input and output in a production process. Hence, they are not the same.
The income statement, often known as the profit and loss statement or statement of operations, is a financial statement that provides a summary of a company's revenues, costs, and profits over a specified period of time. It reveals a company's net income, which is the difference between its revenues and expenses.
Because the income statement shows a company's expenses and revenues, it can be utilized to compare inputs and outputs in the operation section. It aids in the assessment of how a firm's income and expenses change as the amount of goods produced varies over time.
For example, if a company's expenses increase more slowly than its income as it produces more products, it might indicate economies of scale. Conversely, if a company's expenses and income both rise in the same proportion as production rises, it might indicate returns to scale.
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10. Define the word "Forgeries"
Answer:
White-collar crimes that generally refer to the false making or material alteration of a document, signature, banknote, or work of art with the specific intent to illegally obtain money
When a marketing researcher uses a collection of reports, customer letters, financial statements, and surveys from different departments within her firm, she is using
a. primary data.
b. internal secondary data.
c. business data.
d. external secondary data.
e. sensitivity analysis.
When a marketing researcher uses a collection of reports, customer letters, financial statements, and surveys from different departments within her firm, she is using internal secondary data. The correct option is B.
Internal secondary data refers to information and data that has already been collected by the company and was intended for another purpose. This data is also referred to as in-house data or company data. It is a valuable source of information since it is reliable, easily accessible, and it saves time and money that would have been spent in obtaining new data from external sources. It includes the company's financial statements, customer complaints, feedback and satisfaction surveys, sales reports, inventory levels, purchase orders, customer data, and any other data that a company collects from its day-to-day operations.
Thus, option B is the correct answer.
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Sample P is granite, an igneous rock. Which of these is NOT a characteristic of igneous rock?
One of characteristics of igneous rocks is that they are formed from the solidification and cooling of magma or lava.
What is solidification?Solidification is the process by which a liquid transforms into a solid state as a result of cooling or compression. During this process, the molecules of the liquid slow down and begin to form a crystalline structure, which results in the formation of a solid. Solidification is a fundamental process in many natural and industrial processes, including the formation of snowflakes, the creation of metallic alloys, and the casting of metal parts. The properties of the resulting solid depend on factors such as the rate of cooling or compression, the composition of the liquid, and the presence of impurities. Understanding solidification is crucial for many industrial processes and materials science applications.
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Equitable Bank (EQ) is a Canadian bank which primarily provides residential and commercial real estate lending services, as well as personal banking through its direct banking brand EQ Bank. What different ways can EQ create competitive advantages in environment dominated by big banks (300 words)
EQ Bank can create competitive advantages in an environment dominated by big banks through several strategies.
First, EQ Bank can focus on offering personalized services to their customers. By catering to their customers’ needs, EQ Bank can create loyalty and trust, which can be a competitive advantage. Additionally, EQ Bank can use technology to their advantage.
By investing in the latest technological developments, EQ Bank can provide a streamlined and efficient service to their customers. This can enable them to reduce costs, while also offering improved customer service.
Furthermore, EQ Bank can capitalize on their size. By providing flexible services that are tailored to the needs of their customers, EQ Bank can provide a competitive edge compared to larger banks.
Additionally, EQ Bank can capitalize on their smaller size by providing specialized services such as tailored mortgage rates, higher levels of customer service, and customized products.
Finally, EQ Bank can use marketing and branding strategies to differentiate themselves from the competition. This includes creating a unique and memorable brand image, leveraging digital marketing to reach potential customers, and providing engaging content to build an audience.
In conclusion, EQ Bank can create competitive advantages in an environment dominated by big banks by focusing on personalized services, using technology to their advantage, capitalizing on their smaller size, and using marketing and branding strategies.
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what happened in 1988 that caused such an uproar within the deaf community?
A: The appointment of a non-deaf president to Gallaudet University
B: The death of a deaf suspect while in police custody
C: The establishment of a new deaf university
D: The passage of the new anti-deaf legislation
Answer: A: The appointment of a non-deaf president to Gallaudet University
what happened in 1988 that caused such a stir in the deaf community was the appointment of a non-deaf president to Gallaudet University. Option A is correct.
What are the impacts of the nomination of the non-deaf president?The appointment of Elisabeth Zinser in 1988 caused a relevant uproar among the deaf community, who believe that the president of the only university for the deaf in the world should be a member of the deaf community, a fact seen as a lack of responsibility and social justice.
Therefore, such an appointment led to the development of a wave of protests, where students and faculty members demanded that a deaf person be appointed to the position.
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Answer:
I think the answer is A. I don't know if I am correct
Explanation:
suppose that record snows blanket your campus this winter. your friend says this is proof that global warming isn't really occurring. part a what is the flaw in your friend's logic?
The flaw in your friend's logic is that they are confusing weather with climate. Just because there is record snowfall in a particular location does not disprove global warming, which is a long-term trend affecting the entire planet, not just one region or season.
Snowfall is a weather event that can be affected by many factors, including temperature, precipitation, and wind patterns, and is not necessarily indicative of climate change. Global warming is a gradual increase in the overall temperature of the Earth's atmosphere, which is caused by human activities such as burning fossil fuels and deforestation.
It leads to many other environmental changes, including rising sea levels, melting glaciers, and more frequent extreme weather events like droughts, floods, and heat waves.
Therefore, the record snowfall on your campus does not invalidate the overwhelming scientific evidence that global warming is happening and that it is caused by human activity.
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Te presentamos la siguiente idea de negocio: "POMADAS PARA ZAPATOS DE
VESTIR" este emprendimiento lo inicio Pepito juntamente con su familia el
año 2020, pero necesita que la ayudemos a definir su propuesta de valor y su
segmento de clientes, para ello aplicaras la estrategia de lienzo de la
propuesta de valor y ayudaras a Pepito a despegar con su emprendimiento.
Para definir la propuesta de valor y el segmento de clients de "Pomadas para zapatos de vestir", podemos utilizar el lienzo de la propuesta de valor.
En primer lugar, la propuesta de valor de este emprendimiento podría ser ofrecer pomadas de alta calidad, que protejan y embellezcan los zapatos de vestir de los clientes. Además, podrían enfocarse en ofrecer una variedad de colores y opciones de personalización para satisfacer las preferencias individuales de cada cliente. El segmento de clientes podría ser personas que usan zapatos de vestir con regularidad, como profesionales, ejecutivos, estudiantes, entre otros. También podrían enfocarse en tiendas de calzado y boutiques de moda que buscan ofrecer productos de alta calidad a sus clientes.
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Suppose a researcher has two years of state-by-state data on sales of pseudoephedrine (a precursor to methamphetamine) and the number of meth lab explosions in a state. After setting up a first difference estimator in Stata, the researcher forgets to tell Stata to ex- clude a constant in the regression. How would the researcher interpret this constant in the "accidental" first difference regression he ran, if it has a positive coefficient?
If a constant term is used in an unintentional first difference regression, it will represent the average difference in the dependent variable it has a positive coefficient.
In finance and investment, regression analysis is a typical statistical technique. One of the most used methods for regression analysis is linear regression. A more comprehensive class of regression, which covers linear and nonlinear regression with many explanatory variables, distinguishes simple regression from multiple regression. A straightforward linear regression just uses one x and one y variable. One y variable and two or more x variables make up multiple linear regression. For instance, a straightforward linear regression can be used to forecast rent using only square footage. Regression analysis is typically done for one of two reasons: to evaluate the explanatory variable's effect on the dependent variable or to predict the value of the dependent variable for those for whom some information about the explanatory variable is available.
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which of the following statements about perception is true? group of answer choices being an optimist can result in overconfidence. being an optimist can keep you healthy. being a pessimist reduces mental effort and enhances health. none of the answer is correct.
Out of the given options, the following statement about perception is true: being an optimist can keep you healthy.
What is perception?Perception refers to the interpretation of information obtained through our senses. It involves the interpretation of sensory information to make sense of the environment. Perception is a vital part of cognition that involves the mental processing of sensory information.
To interpret the environment, our brain synthesizes different sensory information like taste, smell, sound, touch, and sight into a complete picture. Perception plays a crucial role in survival. It helps us make quick decisions and respond accordingly. However, perception can also be influenced by emotions, beliefs, and past experiences.
Optimism - Optimism refers to a positive outlook on life. It is the belief that good things will happen in the future, and things will work out in the end. Optimistic people are more resilient and have better mental and physical health.
Optimism has been linked to several health benefits. It reduces the risk of heart disease, improves the immune system, and increases lifespan. Additionally, optimistic people are more likely to engage in healthy behaviors like exercise, healthy eating, and avoiding risky activities.
Optimistic people are also better equipped to handle stressful situations. They are more likely to view a problem as a challenge and approach it positively. Being an optimist can help reduce anxiety, depression, and other mental health problems.
In conclusion, out of the given options, the following statement about perception is true: being an optimist can keep you healthy.
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rights that individuals in romantic relationships have when they live together
Privacy rights, rights to life and rights to freedom of expression are some of the rights that individuals in romantic relationships have when they live together
What are the rights people have in a relationship?When individuals live together in a romantic relationship, they may have certain legal rights and responsibilities depending on the jurisdiction and the specific circumstances of their relationship. Here are some examples of common rights that individuals in romantic relationships may have when they live together:
Right to privacy: Just like any other individual, people in romantic relationships have a right to privacy in their home. This means that their partner cannot invade their privacy or interfere with their personal space without their consent.
Right to domestic support: Individuals living together in a romantic relationship may have certain legal obligations to provide financial and emotional support to each other. This can include things like paying for household expenses, caring for each other during illness, and providing emotional support during difficult times.
Right to inherit: In some jurisdictions, individuals in a romantic relationship who live together may have inheritance rights if their partner dies without a will.
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how does "The Maya developed a complex and accurate calendar system" shows us that they were extremely advanced civilization.
Cer
Answer:
Explanation:
The Mayan calendar system was based on astronomical observations and calculations, which required advanced knowledge of mathematics and astronomy. Additionally, their calendar was used for various purposes, including predicting astronomical events and scheduling agricultural activities, demonstrating their sophisticated understanding of both science and society.
Summarize the chapter 17 "The Essential Properties of Interest
and Money" from the book "The General Theory of Employment,
Interest, and Money" by John Maynard Keynes in no more than 500
words.
Chapter 17 of John Maynard Keynes' book "The General Theory of Employment, Interest, and Money" discusses the essential properties of interest and money. Keynes starts by defining interest as the “reward for parting with liquidity for a period” and goes on to explain the role of liquidity and liquidity preference in the economy.
He then outlines the functions of money and the economic dynamics of its use. Keynes argues that the rate of interest is determined by the liquidity preference of investors, which is determined by their degree of confidence in the economic outlook. He also notes the importance of price inflation and deflation in influencing the demand for money. Finally, he examines the various forms of interest and the various costs associated with it.
Keynes argues that the liquidity preference of investors will determine the rate of interest. He explains that the rate of interest is an expression of the relative desirability of holding money over other investments. He further argues that the rate of interest is dependent on the level of confidence in the future, as well as on the rate of inflation and deflation. In addition, Keynes notes that there are various forms of interest, such as simple interest, compound interest, and fixed-rate interest, and that each of these has associated costs that need to be taken into consideration. In conclusion, Keynes provides a comprehensive overview of the essential properties of interest and money.
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A company invested 100,000 to purchase a new equipment that will be used to increase the profit but it is expected to be realized after two years from the year of purchase. The said profit was 50,000 per year for four years. Three years later, the company purchased an add-on to the machine worth 75,000. Due to that add on, the profit increased to 85,000 and lasted for five more years. If the company decided to sell that equipment for 8000 and MARR is 15% per year, what is the Present Worth, Future Worth, Annual Worth?
The Present Worth, Future Worth, Annual Worth are $574,762, $4,377,731, and -$616,426 respectively.
The problem requires the Present Worth (PW), Future Worth (FW), and Annual Worth (AW) calculations of an investment. The given data is:
Initial investment = $100,000
Profit from new equipment (for the first 4 years) = $50,000 per year
Profit from new equipment after add-on (for the next 5 years) = $85,000 per year
Add-on cost = $75,000
Sale price of equipment = $8,000
MARR = 15% per year
The time period of the investment is 14 years (2 years for the first equipment and 12 years for the add-on equipment).
PW (Present Worth)Present worth of cash inflows = Initial investment + Profit from new equipment (for the first 4 years) + Profit from new equipment after add-on (for the next 5 years)
PV of profit from new equipment for the first 4 years = (P/A, 15%, 4) x $50,000 = 3.771 x $50,000 = $188,550
PV of profit from new equipment for the next 5 years = (P/A, 15%, 5) x $85,000 = 3.352 x $85,000 = $284,820
Present value of cash inflows = $100,000 + $188,550 + $284,820= $573,370
PV of salvage value = (F/P, 15%, 14) x $8,000 = 0.174 x $8,000 = $1,392
Present Worth = $573,370 + $1,392= $574,762 (approx)
FW (Future Worth)Future worth of cash inflows = PV of cash inflows x (F/P, 15%, 14) = $574,762 x 7.611= $4,377,731
AW (Annual Worth)AW = (PW - FW) / (A/P, 15%, 14)
AW = ($574,762 - $4,377,731) / 6.232= -$616,426 (approx)
The negative value of Annual Worth indicates that the investment is not viable. Therefore, the investor must not invest in this equipment.
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In order to understand the types of stakeholders that exist atBP, identify one example of an enabling stakeholder, a normativestakeholder, a functional stakeholder, and a diffused stakeholder,and p
In order to understand the types of stakeholders that exist at BP, the following are examples of different types of stakeholders: A good example of an enabling stakeholder is a company that depends on the activities of BP to remain in operation or generate revenue.
Normative Stakeholder - These are stakeholders who base their decisions on ethical or moral considerations. Examples of normative stakeholders at BP include environmental groups and government regulators.
Functional Stakeholders - These are stakeholders whose interests are driven by the functions they perform. Examples of functional stakeholders include the employees of BP or the suppliers of products to the company.
Diffuse Stakeholders - These are stakeholders who are indirectly or potentially affected by the operations of the company. Examples of diffuse stakeholders at BP include the general public and future generations of people. They do not have a direct interest in the company but can still be impacted by its actions.
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