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Vadim26 [7]
3 years ago
9

A common feature of skiing is waiting in lift lines. Does the existence of lift lines mean that the price is not working to allo

cate the scarce resource? If so, what should be done about it?
Business
1 answer:
zhuklara [117]3 years ago
4 0

Answer:

The existance of wait line may show scarcity but there are other factors to be considered.

Explanation:

One of the main factor is the safety of customers, non-compliance of this will result in fatal consequences.

However this wait line can be used as a stop shop. A ski resort can sell products to the people in line. Whether they may be soveniers or anything else.

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Imagine that you and a friend have developed a new sneaker and would like to manufacture the sneaker and sell it to Foot Locker.
Zinaida [17]

Answer:

biasnnsjzsnsnjsksslsllshsbsbjzkzmsnam

6 0
3 years ago
Marcus can afford a monthly mortgage payment of $900. If he is eligible for a 30-year, 5% mortgage (where the mortgage factor is
tigry1 [53]

Answer:

option (c)  $167,597.77

Explanation:

Data provided in the question:

Monthly mortgage payment = $900

Duration of loan, n = 30 years = 360 months

Interest rate = 5%

Monthly rate of interest = 5% ÷ 12 = 0.4167% = 0.004167

Now,

Mortgage loan can he afford

= Monthly mortgage payment × [ (1 - ((1 + r)ⁿ)⁻¹ ) ÷ r ]

= $900 × [ (1 - ((1 + 0.004167)³⁶⁰)⁻¹ ) ÷ 0.05 ]

= $167,597.77

Hence,

The answer is option (c)  $167,597.77

7 0
3 years ago
Required Information
il63 [147K]

Answer:

$1140.28

Explanation:

The computation of the net present value of this investment is shown below:-

= Annual Cash flows × Present Value of Annuity Factor (r , n) - Initial Investment

as

Annual cash flows = $8600

Present Value of Annuity Factor (r , n)

r = 10% and n = 4 years

So, the Present Value of Annuity Factor will be the sum of the present value of 4 years at 10%

For Year 1 = 0.9091

For Year 2 = 0.8264

For Year 3 = 0.7513

For Year 4 = 0.6830

Total = 3.1698

Therefore,

Net Present Value = (Cash inflow × Total) -

Initial Investment

= ($8600 × 3.1698) - $26,120  

= $27,260.28 - $26,120

= $1140.28

6 0
3 years ago
Why should the client's legal expenses be examined?
Rus_ich [418]
Hey there,
The answer to your question is - <span> To determine if there is any litigation pending or threatened.

Hope this helps :))

<em>~Top♥</em>
</span>
7 0
3 years ago
Which subjects does the Aspire test assess?
Nikolay [14]

Answer:

five subject areas: English, mathematics, reading, science, and writing

7 0
3 years ago
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