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lara [203]
3 years ago
12

The accumulation of budget deficits by the United States has created

Business
1 answer:
wariber [46]3 years ago
5 0

Answer:

a national debt

Explanation:

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Ronnie operates a lawn-care service. On each day, the cost of mowing the first lawn is $15, the cost of mowing the second lawn i
OlgaM077 [116]

Answer:

$60

Explanation:

The computation of price is shown below:-

Producer Surplus = Price paid by consumers - Production cost

$100 = Price - ($15 + $25 + $40)

$100 = Price - $80

Price for all = $100 + $80

= $180

Price Per consumer = Price for all ÷ First three lawns

= $180 ÷ 3

= $60

Therefore, for computing the price per consumer we simply divide first three lawn by price for all.

6 0
3 years ago
Assume that subway tokens are $1.50 today and the price will go up to $2.00 tomorrow. how many tokens would you buy?
Ivan

The number of tokens to be purchased will depend on the purchasing power of my present capital.

<h3>What is a subway tokens?</h3>

It means those metal or plastic disk that can be redeemed, used in designated slot machines which are mostly used to pay for entry to the subway system.

Despite that the effect of inflation could push the subway tokens which are $1.50 today to go up to $2.00, the number of tokens to be purchased will depend on the purchasing power of my present capital.

Read more about purchasing power

brainly.com/question/16467725

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7 0
1 year ago
David has decided to open an auto-detailing business. he will pick up an automobile from the client, take it to his parents' gar
igor_vitrenko [27]
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3 0
3 years ago
During a recession, median income falls by 15%. if the demand for grapes falls by 12%, grapes are a(n) _____ good with an income
IgorLugansk [536]
<span>Grapes are a(n) "normal good" with an income elasticity of demand of "0.8". A normal good is a good for which an increase in income results in increased demand, while decreased income results in decreased demand. Thus, we know that the first blank is "normal good" by the definition of a normal good becuase median income fell and demand for grapes fell. The X elasticity of demand is given by (%change in Demand)/(%change in X), where x is any economic variable (income in this case). Thus, to find the elasticity, we divide 12% by 15%. 12%/15%=.08.</span>
7 0
3 years ago
A beach house in Southern California now costs $350,000. Inflation is expected to cause this price to increase at 5 percent per
jekas [21]

Answer:

Annual deposit= $7,648.27

Explanation:

Giving the following information:

A beach house in Southern California now costs $350,000.

Inflation rate= 5% per year

Interest rate= 13% annual

Number of years= 20

We need to find an annual payment to be made at the end of each year to reach the $350,000 goal.

We need to use the following formula of the future value:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

Real interest rate= 0.13 - 0.05= 008

A= (350,000*0.08) / [(1.08^20) - 1]= $7,648.27

4 0
3 years ago
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