Answer:
187, 450.00
Explanation:
Cost of the asset : $ 200,000.00
Interest rate at 10 %
Payment per year = 32,550.00
First year total amount due = 10% plus asset cost
= ($200,000x 10/100)= 200,000
=$20,000+200 000
=$220,000.00
After deduction = $220,000- 32, 550
=$ 187, 450.00
Answer: Demand is Unit - Elastic over this price range.
Explanation:
When total revenue remains the same over various price level then the demand curve is unitary elastic.
Unit-Elastic demand - It depicts a demand curve which is perfectly responsiveness to changes in cost. That is, the amount of demand changes as indicated by a similar percentage changes in prices.
A demand curve with an elasticity of 1 is called as unitary elasticity of demand.
The personal income is $700.
GIven:
Disposal personal income (dpi) = $800
Personal income taxes = $100
Solution:
Disposal personal income minus personal income taxes.
$800 - $100 = $700
So, the personal income or pi is equal to $700.
Credit card (Digital) and (physical) Which is with cash
This argument makes sense as some economists suspect that one of the reasons that economies in developing countries grow so slowly is that they don't have well-developed financial markets.
Why do economies in developing countries grow slowly?
The financial market is crucial for facilitating the flow of funds from individuals to investors to promote economic efficiency. It is exceedingly expensive and challenging to establish efficient financial markets in underdeveloped markets in emerging countries, which hurts economic growth.
What causes a country to grow faster than another country?
The labor force in nations having access to new technology and/or a wealth of research and development is frequently more productive than in nations without such access. Economic growth accelerates as productivity rises.
Learn more about financial markets: brainly.com/question/16623249
#SPJ4
