Answer:
a) The instantaneous rate of change of the amount in the account after 3 years = dA/dt = 802.114
b) The instantaneous rate of change of the amount in the account when the amount is equal to $25,000 = dA/dt = 900
Explanation:
The detailed step by step and appropriate derivation is as shown in the attachment
The U.S. fiduciary monetary system is one where money is not convertible to a valuable commodity such as gold.
Option a
<u>Explanation:
</u>
In fiduciary monetary system, the money is issued by the government and the value of the money depends uniquely on faith of the public that the currency represents command over services and goods. The word fiducia is from Latin and it means trust or confidence.
Fiduciary money includes demand deposits of banks namely checking accounts. Fiduciary money is accepted depending on the trust its issuer commands.
The fiduciary currency is supplied in the economy by Fed. Fiduciary money can be classified into two categories namely,
- Paper money - Includes all the banknotes
- Divisional currency - Includes all the coins
Answer:
committed the fallacy of avoiding the issue.
Explanation:
The fallacy of avoiding the issue is also called the fallacy of irelevant conclusion or a red herring.
It occurs when an individual avoids dealing with an issue that he has a problem with.
In the given scenario the issue is whether bluegrass is better than Alfa Alfa for cattle in the Midwest.
Instead of Juan to address the issue he is arguing that the U.S. Department of Agriculture is a bloated bureaucracy with too much fat that deserves to be cut in the next federal budget bill.
He is not addressing the main issue
A) Opportunity cost
because an opportunity cost is for example you have to pick from a xbox one or a ps4. You saw that the ps4 was more scarce for you but you had to give up the xbox one to obtain the ps4. Nothing is free in life!!! You sacrificed the xbox one for the ps4
Answer:
Particulars Amount
Beginning inventory, September 1, 2013 $18,870
Purchase $
224,790
Less: Purchase return and allowance <em><u>$
5,430</u></em>
Net purchase $
219,360
Add: Freight in $9,780
Cost of goods purchased <u>$229,140</u>
Cost of goods available for sale $248,010
Less: Inventory August 31,2014 <u>$20,100</u>
Cost of goods sold <u>$227,910</u>
