Answer: d. C(x) = 15 +0.05x.
Explanation:
The Cost function for the cake will be the sum of the fixed and variable costs that Mrs. Dill will incur per cake baked.
Fixed cost = $15
Total Variable cost = Number of cakes baked * variable cost per cake
= x * 5 cents
= x * 5 cents / 100 cents in a dollar
= 0.05x
Cost function is therefore:
= 15 + 0.05x
Too much money chasing too few goods is characterized by the term inflation.
Answer:
a coupon bond that pays a fixed coupon rate and does not mature
Explanation:
<span>If a consumer was asked to rank different combinations of goods and services terms of how much utility they provide, then a bundle with a total of 112 cds and dvds would rank higher than a bundle with a total of 10 cds and dvds, if based on total of goods only. This does not take into account the contents of the media.</span>
Answer:
$1,792,000
Explanation:
The computation of the present value of the interest tax shield is shown below:
= Number of bonds outstanding × face value × tax rate
= 5,600 bonds × $1,000 × 32%
= $1,792,000
We simply multiply the number of bonds outstanding with the face value and the tax rate so that the correct amount can come.
All other information which is given is not relevant. Hence, ignored it
