In the real world, functions are mathematical representations of input-output situations. A vending machine is one such example. The input is the money combined with the selected button. The output is the product. Here is another example: The formula for...
After reading about supply and demand, given stories on the news, articles in the newspapers or online, and what you have experienced in retail locations, what examples of supply and demand shifters have you seen resulting from the pandemic? What is causing an...
Coffee suppliers have been dealing with shortage due to coffee leaf rust and drought. Therefore, there are some changes in supply and demand of this product, people is starting consuming tea as a substitute. How would you illustrate this change graphically in terms of...
Q.1: If a government bond is expected to mature in two years and has a current price of $950, what is the bond’s YTM if it has a par value of $1,000 and a promised coupon rate of 10 percent? Suppose this bond is sold one year after purchase for a price of $970....