Answer: The nation of Sorare
Explanation:
The Gini coefficient is a statistical measure that is used to measure income disparity/ inequality in a country.
The closer to zero the Gini coefficient is, the more equitable the income in a country is. Simply put, if more people in a nation have similar levels of income, the Gini coefficient will be smaller.
In the question, the nation of Sorare has two people earning a high amount of money while others make considerably less. This shows a high income disparity which means that the Gini coefficient here will be higher than in Melka where citizens mostly have similar incomes.
Answer:
equation will be 2x+5
Explanation:
We have given the cost of shipping box = $5
Flat packing fee = $5
As given, the cost of shipping a box is based on its weight in pounds so it is variable
And a flat rate of $5 for packing. This means $5 is common for each parcel that will be sent. Only the weight will vary.
So the equation will be 2x+5
Answer:
Ramon’s basis in the stock he receives in his corporation is $84,000
Explanation:
The computation of Ramon’s basis in the stock received in his corporation would be $84,000 as this amount reflect the adjusted basis of the assets transferred to the corporation.
These assets include inventory, building, and land. So, the total amount of the total assets would be received i.e based on an adjusted basis, not the fair market value
Answer:
So unit elastic at q = 5
inelastic above 5
and elastic below 5
Explanation:
The elasticity is determianted by the marginal revenue.
Our first goal is to find the marginal revenue function
p = 40 - 4q
total revenue(TR) = quantity times price
q x (40 - 4q) = -4q^2 +40q
marginal revenue TR(q)/d(q) = -8q + 40
Now, with this fuction the economic analisys states that a demand is unit elastic when marginal revenue is zero.
It will be inelastic below zero and elastic above zero
MR will be zero when q = 5
-8(5) + 40 = 0
As quantity increases the demand will be inelastic
while
Answer:
1,000 units
Explanation:
The break even point refers to the number of units of a product a company would sell such that the company's sales is equal to the total cost.
The total cost includes the fixed and variable costs. As such, at break even point, net profit is zero.
Let the number of units be G
25G = 10G + $15,000
15G = $15,000
G = 1000 units
The number of units that has to be produced and sold to break even is 1,000 units.
