the rofit a company makes decreases exponantially at a rate of 0.9% per year. in 2014, the profit was 9500. calculate the profit in 2019

Answers

Answer 1
Answer:

So, we need to find the amount

Amount=P(1-R/100)^n

=9500(1-0.9/100)⁵

=9500(100-0.9)/100)⁵

=95×99.1×(99.1/100)×(99.1/100)×(99.1/100)×(99.1/100)

=9080.12606

Hence, the profit in 2019 was 9080.12606

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Answers

d. Single seller - In a monopoly one seller produces all of the output for a good or service. The entire market is served by a single firm. For practical purposes the firm is the same as the industry.

Final answer:

A monopoly is characterized by having a single seller in the market with no competition due to barriers to entry and substantial control over prices and supply.

Explanation:

A characteristic of a monopoly is that there is a single seller operating in the market. In other words, one company completely dominates the market without any competition due to barriers to entry. These barriers may be legal, technological, or based on the resource control. Monopolies don't always have to be government owned, although some can be. The key focus is on the lack of alternatives for consumers, which gives the monopolistic firm significant power over prices and supply.

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When you gave your friend a fifty-dollar bill for an iPod, you used money as:A. a standard
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Answers

Answer: Medium of exchange.

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Answers

Answer:

The right to leave the hospital against medical advice

Explanation:

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Answers

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