Answer:
Normal goods
Explanation:
Normal goods are goods that are goods whose demand increases when income increases and falls when income falls.
I increase my demand for organic fruits and vegetables when my income increased. This shows they are normal goods.
Generic fruits and vegetables are inferior goods.
Inferior goods are goods whose demand falls when income rises and increases when income falls.
I hope my answer helps you
Answer: See explanation
Explanation:
a. This has been solved and attached.
Note that the net benefits was calculated as:
= Marginal benefit - $200
b. Looking at the table and information provided in the attachment, we would see that no company offer to build the museum because since their cost of $1000 can't be covered by the revenue generated. The highest revenue gotten for the single price monopolist is $760 and this can't even cover their cost.
c. Based on the scenario given in (c), the highest revenue the price discriminating monopolist would make is $1200 and coupled with the fact that the cost is $1000, the maximum bid that a private company would make to supply the museum to Smallsville is $200 ($1200 - $1000)
Answer:
political action committee
Explanation:
A political action committee is an organization set up by a political party to gather funds through the contribution and donation from members of the party. The funds collected by the political action committee are used to support the party candidate or campaign against the opposition party candidate. The political action committee is not obligated by law to disclose the identities of donors.
The federal home loan bank act program helped <span>people refinance their mortgages at lower interest rates so as to avoid bankruptcy.
When you refinance your home, you are able to stretchy out the payments for more years again which allows for easier payments to be made. Most who struggle, can't afford the dollar amount they are supposed to be paying and now can afford it much easier. </span>
Answer:
Cash account reconciliation
Balance: $27,060
- Bank charges: ($40)
+ Error in recording check: $360
Reconciled cash account: $27,380
Bank account reconciliation:
Balance: $28,460
+ Deposit in transit: $4,410
- Checks outstasnding: ($5,490)
Reconciled bank account: $27,380
