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2 years ago

Which is the most important consideration when deciding to purchase or lease a vehicle?

1 answer:

5 0

The most important consideration when deciding to purchase or lease a vehicle is to cosider all current monthly exoenditures.

<h3>What is lease?</h3>

Lease refers to the rent out the property or to take someone's others property on rent. It is an agreement done between the lessor and lessee. Lessor is the owner of the property whereas lessee is the user of that property.

For example the apartment given on rent to the tenant by the owner. Here the apartment is given on Lease.

Thus the first option is correct, all current monthly expenditures is considered at the time of purchase or lease of a vehicle.

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Joe has just moved to a small town with only one golf course, the Northlands Golf Club. His inverse demand function is pequals

Crazy boy [7]

Answer:

Club membership fee of $60 would maximize profit.

If the club charges tow part pricing the maximum revenue can be $3500.

Explanation:

Joe has entered into a monopoly because he is owner of single golf course in the Northlands.

Demand function for Joe's golf course is:

P = 160 - 2q

P = $20 , q = 50

160 - 2 (50) = 60

Consumer surplus = 0.5 * equilibrium quantity

Consumer Surplus for Joe is ; 0.5 * 50 (160 - 20) = $3500

If MR = MC then demand function will become :

160 - 4q

If q = 25 then

160 - 4 * 25 = 60

6 0

3 years ago

Jasmine Smith owns a condo worth $340,000, a car valued at $27,000, and miscellaneous assets worth $8,500. She owes $189,000 on

Misha Larkins [42]

Answer:

her total assets are $422,000

Explanation:

The computation of the total assets is shown below:

Jasmine Smith's total assets is

= Worth of condo + Value of car + Miscellaneous assets + Mutual fund investment

= $340,000 + $27,000 + $8,500 + $46,500

= $422,000

hence, her total assets are $422,000

We simply applied the above formula so that the correct amount could come

7 0

3 years ago

Normal profit is the return to the entrepreneur when economic profits are zero. determined by subtracting implicit costs from to

diamong [38]

Normal profit is the return to the entrepreneur when the entire economic profits are equal to zero. Hence, the correct statement is Option A.

<h3>When the business earns normal profits?</h3>

A commercial enterprise may be in a state of normal profit while its economic income is equal to 0, that is why normal profit is also called “zero economic profit.” Normal profit takes place on the factor wherein all sources are being successfully used and could not be put to better use elsewhere.

Hence, Normal profit is the return to the entrepreneur when the entire economic profits are equal to zero. The correct statement is Option A.

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5 0

2 years ago

What does it mean if the government runs out of money

melomori [17]

Debt ceiling crisis!

we call it debt ceiling crisis

8 0

2 years ago

Open-end mutual funds are the most common type of investment company. Which of the following statements characterize these funds

victus00 [196]

Answer:

The statements that characterizes these funds is:

a. Fairly liquid investments.

b. Issue new shares in response to increased demand.

c. Increase diversification but do not reduce nonsystematic risk.

Explanation:

a) Fairly Liquid Invetsment: TRUE, as on the basis of demand the fund issuer can repurchase or reissue extra securities at any time so as to ensure proper liquidity to the investment.

b) Issue New Share for Increase Demand: TRUE, issuer can increase and decrease the no. of securities for trading as the demand for the same increases.

c) Increase diversification but not reduce unsystematic risk: TRUE. As Mutual Funds generally increase diversification of funds by investing in various sectors to minimize the systematic risk of the market but it cannot control the unsystematic risk of the market.

d) Require Minimum Purchase of 3000: FALSE. As the Minimum investment for the mutual funds starts from 250 or 1000 and not 3000.

e) Charges High Fees for Professional Managment: FALSE, As most of the open-ended mutual fund just charges 0.85% or low of the Investment Amount as total Expenditure for providing services, which is not so high as compared to returns provided by them.

Therefore, The statements that characterizes these funds is:

a. Fairly liquid investments.

b. Issue new shares in response to increased demand.

c. Increase diversification but do not reduce nonsystematic risk.

3 0

3 years ago