A nation with cheap, efficient communications is likely to be a. richer, ceteris paribus, because transaction costs will be lower and trade greater. b. richer only if production of goods is cheaper, too, since trade itself cannot create value. c. poorer since it spends so much on communication instead of true productivity. d. spending too much on communications, which adds nothing to the value of output.

Sharapova Wholesalers offers Umhlanga Traders credit terms of 30 days but the wholesaler will allow a discount of \( 2 \% \) if the account is settled in full within 12 days Use the information given above to determine the cost to Umhlanga Traders (as a percentage) of

(b) A dealer purchased some goods marked at ₹ 2,000 at a discount of \( 20 \% \) and \( 5 \% \). He sells the same at a discount of \( 15 \% \) and \( 5 \% \). Find the amount of gain or loss to him.

se a separate plece of A4 paper and do the following calculations (use a colculator to hatp ou): Calculate the final amount which I shall have available if I invest \( R 8000 \) for 5 years at \( 11 \% \) p.a. simple interest.

George invests R 800 at \( 10 \% \) p.a. simple interest. After 2 years the interest rate changes to \( 12 \% \) p.a. Determine the final amount which he will receive after 5 years.

- Prepare for a Quarterly Sales Budget for Company LFM. The required production of LFM Corporation in the first quarter is 350,000 units. The units increased by 10\% per quarter. The selling price per unit is Php 8.00.