Answer:
C. a long-term loan from a bank
Explanation:
A loan or credit facility is suitable when a person is unable to pay in cash or by check. Lenders such as banks and credit unions offer credit facilities to their customers. These institutions charge interest on loans advanced.
When planning for a capital intensive purchase, a long term bank loan is suitable. Banks can extend credit facilities for huge amounts of money. The monthly repayments and interest rates for a long-term loan are usually low, making it affordable to many borrowers.
what is 4/8 = ??????????????????????
Answer:
4/8 is equivalent to 1/2
Explanation:
Hope it helps a lot :]
Answer:
4 divided by eight? if this is the question then the answer is 1/2
Explanation:
let me know if that was what you were asking
If a business experiences a loss for three years straight, the _______ concept tells us to assume the business will continue operations regardless.
Explanation:
Do you have any answer choices? Are do you have to find the blank?
Describe the importance of the OSHA and what help they provide for small companies.
Answer:
OSHA's role is to assure the safety and health of America's workers by setting and enforcing standards; providing training, outreach, and education; establishing partnerships; and encouraging continual process improvement in workplace safety and health
Slogan for voice notes it’s a notebook that’s writes for u when u speak
11. Calculating the price elasticity of supply Felix is a stay-at-home parent who lives in Houston and does some consulting work for extra cash. At a wage of $25 per hour, he is willing to work 4 hours per week. At $40 per hour, he is willing to work 10 hours per week. Using the midpoint method, the elasticity of Felix's labor supply between the wages of $25 and $40 per hour is approximately , which means that Felix's supply of labor over this wage range is
Answer:
The elasticity of Felix's labor supply between the wages of $25 and $40 per hour is approximately 1.08.
Since 1.08 is greater 1, this means that Felix's supply of labor over this wage range is elastic.
Explanation:
From the question, we have:
New number of hours willing to work = 10
Old number of hours willing to work = 4
New wage = $40
Old wage = $25
Generally, the formula for calculating the price elasticity of labor supply is as follows:
Price elasticity of labor supply = Percentage change in hours willing to work / Percentage change in wage ................ (1)
Where, based on the midpoint formula, we have:
Percentage change in hours willing to work = {(New number of hours willing to work - Old number of hours willing to work) / [(New number of hours willing to work + Old number of hours willing to work) /
2]} * 100 = {(10 - 4) / [(10 + 14) / 2]} * 100 = 50%
Percentage change in wage = {(New wage - Old wage) / [(New wage + Old wage) / 2]} * 100 = {(40 - 25) / [(40 + 25) / 2]} * 100 = 46.1538461538462%
Substituting the values into equation (1), we have:
Price elasticity of labor supply = 50% / 46.1538461538462% = 1.08333333333333
Approximated to 2 decimal places, we have:
Price elasticity of demand = 1.08
The elasticity of Felix's labor supply between the wages of $25 and $40 per hour is approximately 1.08.
Since 1.08 is greater 1, this means that Felix's supply of labor over this wage range is elastic.
.What are some potential difficulties that you might encounter when doing business in the Chinese market?
Answer:
The answer is below
Explanation:
There are various potential difficulties one might encounter when doing business in the Chinese market. Some of which are:
1. Intellectual property issue: this is an area of business that is known to be one of the big issues in China. It is reported that a lot of inventors have problems in protecting their inventions, as many other competitors can just pick the invention idea and build on it without sanctions.
2. Governmental challenges: there is a huge issue of lack of transparency and corruption in China, most especially against foreign business owners.
3. Market Access: because of the diverse and big difference in consumers' consumption habits and distribution operations in China compared to other countries, most especially non-Indochina countries, will make the market access difficult for foreign business.
4. Consumer preference: consumers' preference in China is reported to be different and distinct compared to what is obtained outside China. Hence, foreign business owners will find it challenging to cope.
5. Bureaucracy: to obtain necessary licenses and permits in china requires going through a long process, which may even be more delayed to foreign business owners.