Answer:
b. $301.10
Explanation:
Current Sales = P = $225,000,000
Growth rate = g = 6%
Number of year = 5 years
Using simple growth formula we will find the Sales value after 5 years.
Future Sales = Current Sale ( 1 + growth rate )^Number of years
A = P ( 1 + g )^n
A = 225,000,000 x ( 1 + 0.06 )^5
A = 225,000,000 x 1.33823
A = 301,101,750 = 301.10175 Million
So, the correct option is b. $301.10.
He may be over qualified so they dont think he'll stay long, or he may have had past money problems meening he wouldnt be trust worthey anoth.
hope that helps :)
<span>Her PMI will automatically be dropped when her mortgage balance drops to 78% of the home's ORIGINAL value of $200,000. The new value of the home is not relevant.</span>
Answer:
Part 1: How much raw steel does a representative firm produce when the market price is $700?
30Q = 700
Q = 23.33
Part 2: How much raw steel does a representative firm produce when the market price is $400?
30Q = 400
Q = 13.33
Explanation:
One year ago:
Qs = 600 + 4P ; Qd = 9000 - 8P
600 + 4P = 9000 - 8P
Price one year ago: $ 700 'Quantity one year ago: 3400
Current market: Qs = 4200 + 4P ;Qd = 9000 - 8P
4200 + 4P = 9000 - 8P
Price for current market: $ 400
Quantity for current market: 5800
C(Q) = 1,200 + 15Q2
A representative firm in a competitive market would produce steel where MC = P
MC = dC/dQ = 30Q
How much raw steel does a representative firm produce when the market price is $700?
30Q = 700
Q = 23.33
How much raw steel does a representative firm produce when the market price is $400?
30Q = 400
Q = 13.33
