Answer:
Value of a share = $15
Explanation:
<em>According to the </em><u><em>dividend valuation model</em></u><em>, the value of a share is the present value of expected dividend discounted at the required rate of return. </em>
This model is expressed in the formula below;
Value of a share = D/Ke
D- dividend payable in year one
Ke- cost of equity
Value of a share = 2.25/0.15
Value of a share = $15
Value of a share = $15
The increase in the domestic price of both imported goods and the domestic substitutes reduces the amount of consumer surplus in the market. Tariff effects on the importing country's producers. ... The increase in the price of their product on the domestic market increases producer surplus in the industry.
Answer:
(b) Shane has to pay $20,000 to Morgan for breach of contract
Explanation:
In the situation, it is given that Shane decides to quit as he gets another job so he breaks the contract instead of finishing his work on time.
Due to breach of contract, Shane has to pay $20,000 to Morgan because it is written in the party that if any party breaks the contract than he has to pay the amount. But due to some unnatural causes, no one has to pay.
In the given case, Shane has deliberately broken the contract so it is compulsory to pay the $20,000 to Morgan.
Hence, option b is correct
<h2>Answer : Option A) 1 foot/second</h2><h3>Explanation :</h3>
If we consider that the plates are placed 2 ft apart and there has to be 1800 meals that needs to be delivered in an hour.
so if we multiply 2 ft and 1800 meals that is delivered in 1 hour,we get 2 X 1800 = 3600 meals in an hour.
If we try to accommodate the plates at each ft then there will be 3600 meals delivered in 1 hour.
we know that 1 hour has 3600 seconds in it.
So, here the distance is 1 ft, and speed has to be determined time is 1 hour = 3600 seconds
3600 meals / 3600 seconds = 1 foot per second.
OR 1800 meals set at 2 ft apart in 3600 seconds will give the speed of the belt as 1 foot per second.
(1 ft = speed X 1 hour)
<h2>so, the speed also will be 1 foot per second. </h2>
Answer:
Yes.
Explanation:
Given that,
Price of low-quality apples = $1 per pound
Price of high-quality apples = $4 per pound
Marginal utility of low-quality apples = 3 utils
Marginal utility of high-quality apples = 12 utils
Equimarginal:
(Marginal utility of low quality apples ÷ Price per apple) = (Marginal utility of high quality apples ÷ Price per apples)
(3 utils ÷ $1) = (12 utils ÷ $4)
3 = 3
Yes, Timmy is maximizing his utility as his equimarginal utility is same for both the goods as shown above.