Answer:
False
Explanation:
In a competitive market, if production (and consumption) continues until the marginal benefit of one more unit equals marginal cost, then total surplus is maximized.
As for any extra unit produced
Marginal Benefit > Marginal cost = Surplus
Marginal Benefit = Marginal cost = No Surplus / No loss
Marginal Benefit > Marginal cost = loss
When your Marginal benefit is maximum and Marginal cost is minimum then the surplus will be maximized.
Most efficient situation in which benefit is maximum and the cost is minimum results in maximized surplus.
Answer: (C) Relational DBMS
Explanation:
The relational database management system (DBMS) is specifically designed for the purpose of relational databases by using the concept database management system.
The relational database is basically refers to the DBMS which store the data or information in the form of structured format by using various columns and rows.
The relational DBMS makes more easy to access the values which is more specific in the database management system.
Therefore, the relational DBMS is one of the type of logical database system that basically treats the data in the form of dimensional table
Answer:
$48,000
Explanation:
The computation of the total amount paid to the preferred shareholder is shown below:
= Number of preferred stock shares × par value × dividend rate × number of years
= 1,200 shares × $100 × 10% × 4 years
= $48,000
Simply we multiplied with the number of preferred stock with the par value, its dividend rate and the time period so that the correct value can come
All other information which is given is not relevant. Hence, ignored it
In 9 years after depositing $160, in my savings account would be $289.6
The formula for simple interest and procedure we will use to solve this exercise is:
S.I.= (P*R*T)/100
Where:
- P = principal
- R = rate of interest in % per annum
- T = time
Information about the problem:
- P = $160
- R = 9%
- T = 9 years
- Total amount = ?
Applying the simple interest formula, we get:
S.I.= (P*R*T)/100
S.I.= (160* 9*9)/100
S.I.= $129.6
Calculating the total amount that would be in my savings account, we get:
Total amount = P + S.I.
Total amount = $160 + $129.6
Total amount = $289.6
<h3>What is simple interest?</h3>
It is the operation in which we calculate the profit produced by a capital loaned at a given percentage.
Learn more about simple interest at: brainly.com/question/20690803
#SPJ4
Answer:
Instructions are listed below
Explanation:
Giving the following information:
Ms. Langley is 30 years old and has begun a retirement plan that permits her to place monthly amounts of $400 into a retirement vehicle, beginning one month from now, for 30 consecutive years.
When Ms. Langley reaches her retirement at age 60, she expects to live for 25 more years. The interest rate is 6%.
First, we need to calculate the amount of money that she will have at age 60, using the following formula.
FV= {A*[(1+i)^n-1]}/i
A= monthly deposit= 400
n= 30*12= 360
i= 0.06/12= 0.005
FV= {400[(1.005^360)-1]}/0.005= $401,806.02
Months= 25years*12= 300 months
Monthly= 401,806.02/300= $1,339.35
