Answer:
The revenue is $2000.
Explanation:
$100x20=$2000
The monopolist will have a revenue of $2.000
Social media connections and photography.
Answer:
a. 1.5 years
Explanation:
Annual net cash flow = Annual net operating income + Depreciation
Annual net cash flow = $115,000 + $32,000
Annual net cash flow = $147,000
Initial investment = $225,000
Payback period = Initial investment / Annual net cash flow
Payback period = $225,000 / $147,000
Payback period = 1.530612245
Payback period = 1.5 years
<span>Rick's decision to suspend his job search causes the unemployment rate to decrease and the labor force participation rate to decrease.
In this situation the unemployment rate is decreasing because he stopped looking for a job. Only those actively seeking a job can be considered part of the unemployment rate because they have to want a job but can't find one. The labor force participation rate is also dropping because Rick is no longer employed. </span>
