Answer:
Money need for one-year's tuition (A) = $11,590 (Approx)
Explanation:
Given:
Initial value (P) = $10,000
Annual rate of inflation (r) = 3% = 0.03
Time taken = 5 years
Find:
Money need for one-year's tuition (A)
Computation:
![A=p[1+r]^n\\\\A=10,000[1+0.03]^5\\\\A = 11,592.7407](https://tex.z-dn.net/?f=A%3Dp%5B1%2Br%5D%5En%5C%5C%5C%5CA%3D10%2C000%5B1%2B0.03%5D%5E5%5C%5C%5C%5CA%20%3D%2011%2C592.7407)
Money need for one-year's tuition (A) = $11,590 (Approx)
Answer:
Jose is a twenty-two year old who just finished college. He lives alone in a small apartment that he rents. Jose has saved up nearly all his earnings from various part-time jobs in order to start his photography business. Given his current situation, Jose most likely has:________.
Explanation:
The answer for that would be B. High risk tolerance
Answer:
Job 765 Job 766
Direct material $5,670 $8,900
Direct labor $3,500 $4,775
Overhead $5,400 $8,800
(27*200) (44*200)
Total Job cost $14,570 $22,475
b) Cost per unit = Total job cost/unit produced
Job 765 = $14,570/152 units
Job 765 = 95.86
Job 766 = $22,475/250 units
Job 766 = 89.90
In the new long-run equilibrium, there would be an increase in the number of suppliers of t-shirts.
<h3>What would happen when the demand for plan white t-shirts increase?</h3>
A perfect competition is when there are many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply.
When demand for t-shirts increase, there would be an excess of demand over supply. This would lead to a shortage. This would increase the price of t-shirts. In the long run, more suppliers would enter into the industry and this would increase supply of t-shirts. As a result, equilibrium would be restored.
To learn more about perfect competition, please check: brainly.com/question/17110476
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Explanation:
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