The resultant diversification benefit suggests that spreading investments over a variety of various assets will reduce part of the overall risk when investment returns are not fully positively correlated.
An asset or object purchased with the intention of generating income or appreciation is referred to as an investment. The term "appreciation" describes a rise in an asset's worth over time. When a person buys a product as an investment, they don't intend to utilize it right away; instead, they plan to use it to make money later on.
An investment is usually the use of a resource today—time, effort, money, or an asset—in the anticipation of receiving a larger return than what was first invested. A financial asset, for instance, might be bought by an investor now with the hope that it would provide income later on or be sold for more money.
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can someone recommend me some research topics for economics.would really appreciate if it is in a list
Explanation:
here are some research topics for economics::
1. The effect of income changes on consumer choices
2. The effect of labor force participation on the economy and budget – A comparison
3. The impact of marital status on the labor force composition: A case of [your country] economy
4. The difference in the consumption attitude in [your country] over the last decade – Critical analysis of consumer behavior trends
5. The relationship between salary levels and ‘economic convergence’ in [your country]?
6. Analyzing salary inequalities in [your country] and the forces behind such inequalities.
7. The evolution of consumption in [your country] over the last 10 years: Trends and consumer behavior.
8. Dynamics of the Gini index as a reflection of the problem of inequality in income
9. Cashless economy: The impact of demonetization on small and medium businesses
10 Privatization of Public Enterprises and its implications on economic policy and development
if the proposed regional comprehensive economic partnership (rcep) is achieved, it will rival the european union (eu) when measured by the number of countries involved and their combined gross domestic product (gdp). the eu is an example of a(n)
As per the given statement, the European Union is an example of economic union. Hence, Option C is correct.
What is economic union?An economic union is an arrangement between two or more countries that permits unrestricted trade in commodities, services, money, and labour. To foster this unified market, the nations may also coordinate their social and financial policies. One illustration of an economic union is the European Union (EU).
When it comes to the number of participating nations and their combined gross domestic product, the proposed Regional Comprehensive Economic Partnership will rival the European Union.
Therefore, Option C is correct.
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The complete question has been attached in text form:
If the proposed Regional Comprehensive Economic Partnership (RCEP) is achieved, it will rival the European Union (EU) when measured by the number of countries involved and their combined gross domestic product (GDP). The EU is an example of a(n)
A.) CUSTOM UNIONS
B.) FREE TRADE AREA
C.) ECONOMIC UNION
D.) POLITICAL UNION
E.) COMMON MARKET
Which of the following is a division of EU S Department of Commerce and publishes the risk management framework (RMF) 800 special publications series?
A. Department of Homeland security (DHS)
B. MITRE corporation
C. National Institute of standards and technology (NIST)
D. United States computer emergency readiness team (US-CERT)
The National Institute of Standards and Technology (NIST) is a division of the US Department of Commerce that publishes the risk management framework (RMF) 800 special publications series. Therefore, the correct option is C.
National Institute of Standards and Technology (NIST).NIST, a non-regulatory federal agency, is responsible for developing technology, metrics, and standards to encourage innovation and economic competitiveness while safeguarding information and the nation's physical infrastructure. The RMF is a risk-based approach to information security that is designed to help organizations protect their information systems and data from cyber threats, vulnerabilities, and attacks. It is a flexible and scalable framework that can be tailored to the specific needs of any organization. The RMF is a six-step process that starts with the selection of security controls and ends with the continuous monitoring of the system's security posture. The NIST's Computer Security Resource Center is responsible for creating and maintaining the RMF.
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describe the similarities and differences between partnerships and sole proprietorships
Answer and Explanation:
In the case of a small business, a sole proprietorship or the partnership model is usually the most suitable. A sole proprietorship is a business owned and controlled by one individual, while a partnership is a business owned and managed by more than one person but less than twenty people.
Andrea has a health insurance deductible of $5,000. Her medical bills for the
year total $49,000. How much will she be required to pay out of pocket on her
annual medical bills?
A. $0
B. $33,000
C. $5,000
D. $38,000
$5,000 is the amount she will pay out of pocket on her annual medical bills.
Basically, the term of Deductible is used in Insurance. The amount of deducible refrain the Insurer from liability until a certain level of liability is reached.
In health Insurance, having a deductible of $5,000 on one's policy means the health plan benefits will start after one pays $5,000 out of his pocket.
Information given
Deductible = $5,000
Total claim = $49,000
Therefore, the Option C is correct because $5,000 is the amount she will pay out of pocket on her annual medical bills.
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Answer: C. $5,000
Explanation:
what is the impact of atm on banking sector?
Answer:
Explanation:
ATM s are of great use to the banks as the reduce the number of people storming the banks for withdrawal of money as well as deposit of money it reduces cost of operation and from customer point of view it is available easily near by hence travelling further distance to the bank is not required
ATMs are one of the most convenient services provided by the banks to customers. It is beneficial to banks as it is to its customers. It helps banks to save cost and time in withdrawing money and various other services which are now provided by ATM.
Automated teller machines, or ATMs as they are more commonly referred to, are a convenient way to conduct one-on-one transactions quickly and easily. One can do self-serviced transactions with these machines without a physical teller's aid or a trip to the bank branch. Cash withdrawals, cash deposits, and fund transfers are just a few of the many transactions possible with automated teller machines, or ATMs. Although the majority of customers only use ATMs to withdraw cash, these additional transactions make the service more effective.
With the advent of the ATM, users' financial lives became simpler because they could now perform simple transactions on their own with the aid of an ATM, which was much more practical than often visiting the bank. The ability for users to transact between banks is another significant advantage of an ATM. This means you can still use basic services like cash withdrawals from the ATM even if you don't have an account with the bank that runs the machine. Again, this saves you time and comes in handy in an emergency because you won't need to go to the ATM at your bank every time you need a quick infusion of cash. ATM helps banks operate more cheaply by lowering the number of human operations. The ATM provides service 24 hours a day which means customers can avail of money and other services at any time of the day.
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HELP ASAP Line graphs show price trends over different time periods. What data points are used to create a line graph on the stock quote shown?
The line graph is created using the (close price, open price, volume) of the stock each (day, month).
Answer:
close price; day
Explanation:
Line graphs show price trends over different time periods. The line graph is created using the close price of the stock each day. Thus, option 1. (a) and 2. (a) is correct.
What is graphs?The graphical depiction of connections between points and lines is known as a “graph.” The graph is mostly used to methodically portray data, such as bar graphs, pie charts, and tables. The graph is the help of the comparison between the different graphs. There are the different types of the graph are the bar graph and pie graph.
A line graph, also called as a line chart or a line plot, is widely used to depict changing information. A line graph was used to depict the day's closure on the price. A line graph was given at the conclusion of the point 1705,74. Using the time period, a line graph was created.
As a result, the line graph is created using the close price of the stock each day. Therefore, option (a) is correct.
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how have economic changes in the united states transofrmed the nature and types of labor unions in the country
Economic changes in the United States have led to a decline in manufacturing jobs and a rise in service-based industries, resulting in a shift in labor union membership.
Economic changes in the United States have greatly impacted the nature and types of labor unions in the country. Traditionally, labor unions were associated with manufacturing industries, which made up a large part of the American economy in the early and mid-20th century. These unions were often focused on issues such as wages, hours, and working conditions for blue-collar workers. In recent decades, however, there has been a decline in manufacturing in the United States and a rise in service industries.
As a result, there has been a decline in union membership and a shift towards more service-oriented unions. These unions represent a variety of professions, such as healthcare workers, teachers, and public employees, and are often focused on issues such as job security, healthcare benefits, and retirement benefits.
Another factor that has impacted the types of unions that exist is the rise of globalization and outsourcing. Many American companies have moved their manufacturing and service operations to countries with lower labor costs, which has led to job loss and declining wages for American workers. This has resulted in the creation of unions that are focused on protecting the rights of immigrant and temporary workers, who often work in industries such as agriculture, construction, and hospitality.
These unions work to ensure that these workers are paid fair wages, have safe working conditions, and are protected from exploitation. In conclusion, the economic changes in the United States have transformed the nature and types of labor unions in the country.
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Happy Trails, Inc. manufactures railway coaches and uses the FIFO method of process costing to record costs. The WorkminusinminusProcess Inventory of the Heating Department on October 1 was 73% complete for materials and 23% complete for conversion costs. On October 31, its ending WorkminusinminusProcess Inventory was 80% complete for materials and 43% complete for conversion costs. This means that for the ending inventory, ________% of the materials and ________% of the conversion costs were added during October.
Answer:
80 % of materials ; 43 % of conversion costs
Explanation:
The FIFO method traces equivalent units for materials and conversion costs for the following categories :
Opening Work in Process unitsUnits started and completedEnding Work in Process unitsSo the units not completed from last months are the first to be completed during the month (hence To finish Opening Work in Process). During the year there are units started and completed (hence Units Started and Completed) and units started that never gets completed (hence Ending Work in Process units).
All these physical units need to be expressed to the percentage of work done on them - equivalent units.
The question is focusing on Number 3 - Ending Work in Process units. So 80 % of materials and 43 % of conversion costs were added during October for these units.
Tina purchased a personal umbrella policy with a $1 million limit. Her insurer required her to carry liability limits of 250/500/50 under her auto insurance policy. The personal umbrella policy was written with a $1,000 self-insured retention. Tina was responsible for an auto accident in which the other driver was severely injured. The other driver's bodily injuries were $400,000 and the property damage was $20,000. How much will the insurer pay under Tina's umbrella policy
Answer: $150000
Explanation:
The Personal Umbrella Policy helps in the provision of protection against a catastrophic judgement. Also, the excess liability insurance will be provided in amounts starting from $1-$10 million.
Based on the information given in the question, the amount that the insurer will pay under TIna's umbrella policy will be:
= $400,000 - $250,000
= $150,000
The insurer will pay $150,000 under Tina's umbrella Policy wherein it not only covers the policy owner but also other family members or households.
What is a Personal Umbrella Policy?Umbrella insurance is a type of personal liability insurance that covers claims in excess of homeowners, car policy, or shipping policy. The umbrella insurance covers not only the policy owner but also other family members or households.
The Personal Umbrella Policy helps in the provision of protection against a catastrophic judgment. Also, the excess liability insurance will be provided in amounts starting from $1-$10 million.
Based on the information, the amount that the insurer will pay under Tina's umbrella policy will be:
\(= \$400,000 - \$250,000\\\\= \$150,000\)
Hence, The insurer will pay $150,000 under Tina's umbrella Policy.
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please helps, its urgent
The part of his email declining the invitation to the correct section.
buffer - It was an honor to be invited to the opening of your new retail store.
reason - My current project requires me to leave town for a while.
bad news - I sincerely regret not being present on this occasion.
closing- I am sure that we'll have an opportunity to work together in the future.
What is Email?An email stands for electronic mail which is used as a method of communication in an official setting in the administrative environment to exchange any message.
The given email indicates a decline of an invitation in a positive manner to make the sender feel positive and does not show the arrogance of the receiver of the invitation.
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How do economists attempt to predict the next business cycle? (leading economic indicator, Dow Jones
Industrial Average, leading economic index, econometric models)
I need very quickly please!
Answer:
Leading economic indicator.
Explanation:
Leading economic indicators are objective data regarding the economy of a given country or region, which allow projections of future development of the economy of that place. Thus, based on data such as the current economic performance of the place, inflation, the exchange rate, the unemployment rate, etc., projections can be made about how the future economic cycles of the place will develop.
Please help will mark brainliest
Macroeconomics deals with *
1. bits and pieces of the economy
2. the question of how a business unit should operate profitably
3. the working of the entire economy
4. how individuals make decisions
Answer:
how individuals make decisions
Explanation:
In a recent meeting with the CEO and top executive management team, an HR manager was asked to present several possible HR responses to the economic downturn, including layoffs. This responsibility best illustrates the HR manager's role as
The responsibility expected from the HR manager's such as possible HR responses during economic downturn is known as change partner.
Basically, the change partner in the case means that the HR is expected to play a dual role in change decision-making in the organization.
The human resources manager is expected to play a dual role in change management by initiating and leading the change in the organzation during critical moment.
Hence, the responsibility expected from the HR manager's such as several possible HR responses during e economic downturn is known as change partner.
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Answer:
Providing employees with advice about compensation
Explanation:
Recently the top management of Lucky cement decided to start a new business in completely new market with new product lines i.E. Lucky One Mall. Identify the corporate level strategy used by the firm. Justify your answer.
Answer:
Diversification
Explanation:
Corporate level strategy is a decision made by the top management of a firm with the aim of seeking new business methods to expand an already existing business. Diversification is a corporate level strategy in which an organization ventures into a completely new market with new product lines. The diversification could be related to the existing products the company operates (concentric diversification) or to an unrelated market(conglomerate diversification).
When Lucky Cement decided to start a new business in completely new lines, they have just embarked on diversification. The diversification might also be to just one product or different products.
what are some common tasks performed by Psychiatrists? (Select four options)
A administering first aid and life support care
B collaborating with other medical professionals
C maintaining patient information and records
D developing diagnostic imaging techniques
E prescribing, directing, or administering psychotherapeutic treatments or medications
F analyzing and evaluating patient data or test findings
Answer:
B, E and F and explanation I share you other thought about it
Explanation:
Psychiatrists are medical doctors who specialize in the treatment of mental health conditions. Some common tasks performed by psychiatrists include:
Conducting initial evaluations and assessments to diagnose mental health conditionsPrescribing and managing medications to treat mental health conditionsProviding individual, family, or group therapy to help patients manage their mental healthDeveloping and implementing treatment plans for patientsCollaborating with other healthcare providers to coordinate care for patientsProviding crisis intervention and support to patients experiencing mental health emergenciesConducting research to advance the field of psychiatry and improve treatment options for patients.Answer each of the following questions assuming the economy is experiencing a negative output gap. a. Is Inflation decreasing, increasing, or stable (Click to select) decreasing increasing stable b. Is actual output greater than or less than pa Click to select) C. Is unemployment rising or falling? (Click to select). d. Is the Federal Reserve more likely to pursue expansionary or contractionary monetary policy? (Click to select) e. Is the economy likely experiencing an expansion or contradiction? (Click to select) Suppose the velocity of money decreases because consumers become more reluctant to spend. If the money supply is unchanged and prices can't adjust in the short run (sticky prices), then according to the quantity theory of money, what must happen to short-run output? It will remain unchanged. It will increase It will decrease. 1. In the long run, monetary policy has a lasting impact only o V (Click to select) employment the price level
a. decreasing
b. less than pa
c. rising
d. expansionary
e. contradiction
If the velocity of money decreases and the money supply is unchanged, according to the quantity theory of money, short-run output will decrease.
In the long run, monetary policy has a lasting impact only on the price level.
When something is described as "unchanged," it means that it remains the same or undergoes no alteration or modification over a given period or in a particular context. The term implies a lack of difference or variation in a specific characteristic, condition, state, or value. Unchanged signifies stability, constancy, or continuity, indicating that there has been no discernible change or adjustment in the subject of discussion. It suggests that the object or situation under consideration has remained unchanged in terms of its properties, qualities, status, or position. Unchanged can be used to describe various aspects, such as unchanged prices, unchanged policies, unchanged conditions, or unchanged circumstances.
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If the risk-free rate is 2.2 percent, the inflation rate is 1.9 percent, and the market rate of return is 6.8 percent, what is the amount of the risk premium on a u.s. treasury bill? multiple choice 0% 2.8% .5% 1.7% 4.3%
In this case, the risk-free rate is 2.2 percent and the market rate of return is 6.8 percent. The risk premium is therefore 4.3 percent. The risk premium on a US Treasury bill is the difference between the market rate of return and the risk-free rate.
This means that investors are willing to accept a higher yield on a US Treasury bill to compensate them for taking on the risk associated with investing in the market. The risk premium is calculated by subtracting the risk-free rate from the market rate of return, which in this case is 6.8 percent - 2.2 percent = 4.3 percent. This means that if an investor wants to buy a US Treasury bill, they will have to accept a yield of 6.8 percent, which is 4.3 percent higher than the risk-free rate of 2.2 percent.
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a service provided by -e-government that requires access to the Internet is _____.
A. RFID tags
B. E-tax returns
C. Radio programming
D. CCTV (Closed circuit TV)
Answer:
B. E-tax returns
Explanation:
E-tax returns is the electronic filing of tax returns via the internet. It entails online submission of pre-approved tax return forms available on the tax authority's website.
In recent years, governments have put measures to facilitate e-returns. It has simplified the process making it popular among taxpayers. Electronic tax filing has have contributed to having a high number of citizens registering as taxpayers.
How do the potential costs and benefits of each career path affect your choice?
My decision is influenced by the potential costs and advantages of each job route because the amount of money I will make depends on how much I can spend.
What is a job?Numerous things can be categorised as jobs. a paid position that might be either full- or part-time. a task that has been finished, usually for a specified fee. a specific task that employees carry out as part of their regular job responsibilities a pledge or commitment. like a project, "The airport job took twelve months to complete." It can also be used colloquially to refer to a person's pet using the restroom. As an illustration, to indicate that my dog went to the potty, I might say, "I waited for my dog Tommy to do his business, then we walked home." When someone says, "There has been a surge of bank jobs in suburbs," they can be referring to routine tasks that people carry out to obtain money, such as bank robberies.
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Suppose the ABC bank has excess reserves of $2,000 and checkable deposits of $40,000. If the reserve requirement is 20 percent, what is the size of the bank's actual reserves?
Multiple Choice
a. $10,000
b. $6,000
c. $42,000
d. $8,000
$10,000 is the size of the bank's actual reserves. The correct option is a.
What is the actual reserve ratio?The reserve ratio is the percentage of reservable liabilities that commercial banks must keep rather than lend or invest. This is a requirement set by the country's central bank, which is the Federal Reserve in the United States. It is also referred to as the cash reserve ratio.
Given
Excess Reserve =$2,000
Checkable Deposits =$40,000
Reserve Requirement =20%
Required to calculate the bank's actual reserves =?
the bank's actual reserves = 40,000 x 20% + 2,000 = $10,000
Excess reserves serve as a sort of safety net. Excess reserves provide additional protection for financial institutions in the event of a sudden loan loss or significant cash withdrawals by customers. This buffer improves the banking system's safety, especially during times of economic uncertainty.
Thus, the ideal selection is option a.
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which of the following should a person not do when facing an ethical dilemma?
a.Review the company’s code of ethics
b.Study laws and regulations of an industry
c.Make a choice based on company’s profits
d.Consider stakeholders' interests
A person should not make a choice based solely on the company's profits when facing an ethical dilemma. Instead, they should review the company's code of ethics, study laws and regulations of the industry, and consider stakeholders' interests. Making decisions based solely on profits can lead to unethical behavior and harm the company's reputation. It is important to prioritize ethical values and principles in decision-making to ensure long-term success and sustainability.
When facing an ethical dilemma, it is important to consider various factors such as the company's code of ethics, laws and regulations of the industry, and the interests of stakeholders. However, making a decision based solely on the company's profits can lead to unethical behavior and potentially harm the company's reputation and relationships with stakeholders. It is important to consider the long-term consequences of any decision and ensure that it aligns with ethical principles and values.
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if an increase of an equal percentage in all factors of production increases output of the same percentage, then a production function has the property called:
if an increase of an equal percentage in factors of production increases output of the same percentage, then a production function has property called constant returns to scale.
A production function's attribute known as constant returns to scale (CRS) describes how inputs also known as factors of production and outputs are related to one another. When a production function displays CRS, all inputs must increase by the same percentage in order to produce an increase in output of the same proportion.
In other words, a company's output will double if all of its inputs are doubled. Its output will also triple if its inputs are increased thrice. Constant returns to scale refer to the fact that this connection is true regardless of the production scale. Therefore, a production function has the property known as constant returns to scale if an increase of an equivalent proportion in components of production increases output by an equal percentage.
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Michelle can work at job A earning $50,000 a year, job B earning $83,000 a year, or job C earning $85,000 a year. If Michelle chooses job C, then her economic rent from working at that job rather than job A is
if michelle chooses job c then her economic rent from working at that job rather than job a is 2,000 dollars
Linear demand functions, while simple, are easy to interpret and have many applications. Suppose demand for pens is given by the function (p)=44.00−6.00pD(p)=44.00−6.00p.
1st attempt
Part 1 (1 point)
See Hint
Suppose pens cost $2. What is the price elasticity of demand? Give your answer to two decimals.
Part 2 (1 point)
See Hint
Consider a general linear demand function (p)=−pD(p)=a−bp. What is the general-form equation for the price elasticity of demand?
Choose one:A. p−pbpa−bp B. pbpq C. −(−p)p−(a−bp)bp D. −p−p−bpa−bp E. −ppa−bpbp
The general form equation for the price elasticity of demand is (option D): -e = p / [(a - bp) / b]
Part 1:
Using the given demand function:
D(p) = 44.00 - 6.00p
Let p = 2, then:
D(2) = 44.00 - 6.00(2) = 32.00
Let's use the formula for price elasticity of demand:
e = (% change in quantity demanded) / (% change in price)
We know that when the price is $2, the quantity demanded is 32.00.
Now, suppose the price increases by $0.01:
New price = $2.01
New quantity demanded:
D(2.01) = 44.00 - 6.00(2.01) = 31.94
Using the formula for price elasticity of demand:
e = ((31.94 - 32.00) / 32.00) / ((0.01) / 2) = -2.39
Therefore, the price elasticity of demand when pens cost $2 is -2.39 (rounded to two decimal places).
Part 2:
The general form equation for the price elasticity of demand can be derived using the formula:
e = (% change in quantity demanded) / (% change in price)
We can rewrite the demand function as:
D(p) = a - bp
To find the percentage change in quantity demanded, we can use the midpoint formula:
% change in quantity demanded = [(Q2 - Q1) / ((Q1 + Q2) / 2)] x 100%
= [(a - bp) - (a - bq)) / ((a - bp + a - bq) / 2)] x 100%
= [(bq - bp) / ((2a - b(p + q)) / 2)] x 100%
= (b(p - q) / (a - bp)) x 100%
To find the percentage change in price, we can use:
% change in price = [(p2 - p1) / ((p1 + p2) / 2)] x 100%
= [(p + q - p) / ((p + q + p) / 2)] x 100%
= (q / ((2p + q) / 2)) x 100%
= (2q / (2p + q)) x 100%
Substituting these expressions into the formula for price elasticity of demand, we get:
e = [(b(p - q) / (a - bp)) / (2q / (2p + q))]
= -(b(p + q)) / (a - bp)
Therefore, the general-form equation for the price elasticity of demand is (option D):
-e = p / [(a - bp) / b]
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Suppose the exchange rate of 105 Japanese yen per one U.S. dollar moves to 115 yen per one U.S. dollar. The dollar has making Japanese goods expensive for Americans. a. depreciated; less b. appreciate
The dollar has making Japanese goods expensive for Americans. The correct answer is b. appreciate.
How to dtermine the apprciation of the currency
When the exchange rate moves from 105 Japanese yen per one U.S. dollar to 115 yen per one U.S. dollar, it means that the value of the U.S. dollar has increased relative to the Japanese yen. In other words, you would now need fewer U.S. dollars to buy the same amount of Japanese yen.
As a result, Japanese goods would become cheaper for Americans because they would require fewer U.S. dollars to purchase the same amount of yen. This situation is known as the appreciation of the U.S. dollar.
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when discounting dividends for the purpose of common stock valuation you should use:
When discounting dividends for the purpose of common stock valuation, the appropriate discount rate to use is the required rate of return or the investor's expected rate of return.
The required rate of return represents the minimum return that an investor expects to earn on their investment, considering the risk associated with the investment.
It incorporates factors such as the risk-free rate of return (e.g., government bond yields) and a risk premium that compensates investors for taking on additional risk associated with the investment in common stock.
The discount rate is used to calculate the present value of future dividends expected to be received from the common stock. This is done using a discounted cash flow (DCF) valuation method. The DCF method discounts the future dividends by the discount rate to bring their value to the present.
It's worth noting that the valuation of common stock can also be done using other methods, such as price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, or comparable company analysis, which may not directly involve discounting dividends.
The choice of valuation method depends on various factors, including the availability of data, the industry, and the specific characteristics of the company being valued.
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Glade Berhad estimated that its inventory requirement for next year is 100,000 units. The Purchase price is RMS per unit and the inventory will be delivered two weeks after placing the order. Historically, the carrying cost per unit is 10% of the purchase price of the goods and the cost per order is RM35. orders must be placed in multiple of 100 units and the desired safety stock is 1500 units. (assume there are 50 weeks in a year). Determine the EOQ level. 4 9.
A. 3741.66
B. 3750 C. 3800 D. 3600
The Economic Order Quantity (EOQ) for the inventory is 3741.66. The correct answer is option A.
To determine the Economic Order Quantity (EOQ), we can use the following formula:
EOQ = √((2 * Annual Demand * Cost per Order) / Carrying Cost per Unit)
Given the information provided:
Annual Demand = 100,000 units
Cost per Order = RM35
Carrying Cost per Unit = 10% of the purchase price
Desired Safety Stock = 1500 units
First, we need to calculate the purchase price per unit:
Purchase price per unit = (EOQ + Desired Safety Stock) * Carrying Cost per Unit
Purchase price per unit = (EOQ + 1500) * 0.10
Next, we substitute the values back into the EOQ formula and solve for EOQ:
EOQ = √((2 * 100,000 * RM35) / ((EOQ + 1500) * 0.10))
Simplifying the equation, we have:
EOQ = √(700,000 / (0.10 * EOQ + 150))
Squaring both sides of the equation, we get:
EOQ² = 700,000 / (0.10 * EOQ + 150)
Rearranging the equation, we have:
0.10 * EOQ²+ 150 * EOQ - 700,000 = 0
Using numerical methods or Excel solver, we find that the approximate EOQ level is 3741.66 units.
Therefore, the correct answer is option A. 3741.66.
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the euro rises against the dollar
Does decreasing the value of the local currency contributes in the increase of the economic growth rate
Answer:
Yes
Explanation:
Devaluation is the purposeful reduction of the value of a nation's currency in relation to another currency or group of currencies. When the currency is devalued, it can lead to an increase in the export of the nation's produce because the price of the exported goods is cheaper and foreign countries are most likely to purchase cheap goods.
The economic growth rate of a nation is the change in percent of goods and services produced in a country over a period of time. It gives an idea of the income of the average citizen in the country. When the value of the local currency is devalued, exports will increase and that will also cause an increase in the income of citizens. This translates to a resultant increase in the economic growth rate of the nation.