Answer:
C) There was no price control on gasoline at the time.
Explanation:
During the 1970s the US government established a price ceiling on gasoline, but as all price ceilings set below the equilibrium price, it results in both a deadweight loss and a supply shortage.
Since the price is "too cheap", then the quantity demanded will be more than the quantity supplied. Rising costs in gasoline production made things worst, since suppliers were constantly reducing their supply of gasoline, while consumer demand was constantly increasing.
It should be noted that money invested is to C. Achieve long-term goals
<h3>What is money?</h3>
It should be noted that money is a means of exchange. It is required for our transactions.
When money is invested, the purpose is simply to achieve long-term goals. This can be an increase in revenue, prepare for future financial needs, etc.
Learn more about money on:
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Answer:We use the Large Function. the general formula is =LARGE(first cell:last cell,3) .Please refer to the explanation section for details
Explanation:
Let us assume
A 1 = $1,250, A 2 = $1,090, A 3 = $985, A 4 = $985, A 5 = $880, A 6 = $756, A 7 = $675, A 78= $650, and A 9 =$600
Using the Large function on excel to return the third largest value, on the formula bar we have the following formula;
=LARGE(A1:A2,3)
Answer:
The correct answer is the option C: Search engine optimization.
Explanation:
To begin with, the name of "Search Engine Optimization" or SEO refers to the process used by companies that focus on improving the quality and quantity of the website traffic related to a website that comes from search engines. Meaning that this process seeks for the way to get those websites to be find more easily by the consumers depending on how much related they are to what the consumers look for on the engine searchers. That is why that in this case, Austere Realty is actively engaged in search engine optimization due to the fact that they always ensure that its web page shows up high amoing the list of results of the search engine.
Answer:
Yes we should go with this project because it has a positive NPV of $4,350
Explanation:
We need to calculate the net present value of the machine to decide whether to invest in the machine or not.
As per Given Data
Costs $270,000
Cash Inflows
Year 2 $100,000
Year 3 $150,000
Year 4 $75,000
Interest Rate = 6%
Net Present Value
As we know Net Present value is calculated by discounting each years cash flows using using the Weighted Average cost of Capital.
Year Cash Inflows Discount factor 13% Present values
Year 0 $(270,000) (1+6%)^-0 $(270,000)
Year 2 $100,000 (1+6%)^-2 $89,000
Year 3 $150,000 (1+6%)^-3 $125,943
Year 4 $75,000 (1+6%)^-4 <u>$59,407 </u>
Net present value <u>$4,350 </u>
