Hello <span>Gabbypittman20!
Answer:This answer is very tricky...but at least you have a teacher to help you.
</span><span>The answer to this question would
buy new clothes before buying a computer. Explanation:
See, this is a Need or want question. You NEED clothes but you WANT a computer. Get it? contact me for more information.
FLVS teacher,
~Sarah Bunkly
</span>
Answer:
The correct answer is option A.
Explanation:
Normal goods have positive income elasticity, so when there is an increase in the income of the consumer, the quantity demanded of the normal goods will increase.
On the other hand, the inferior goods have a negative income elasticity. So when the income of the consumer increases the demand for inferior goods decline. This is because as income increases, the consumers will prefer normal goods.
Answer:
Opportunity cost is the benefit that is foregone for an individual by choosing one alternative over other alternatives available to him.
If the opportunity cost is lower for an individual then this will benefit him whereas if the opportunity cost is higher then this will not benefit the individuals.
We know that if a person stay at home and eat delicious home-cooked then he must use some ingredients to cook food.
Therefore, the opportunity cost of eating the home-cooked meal is five-dollar Burger Joint gift card and the value of ingredients that are use in the home-cooked food.
Answer:
$15,000
Explanation:
Gross domestic product is the sum of all final goods and services produced in an economy within a given period which is usually a year.
When calculating GDP, only items produced in the current year are added. The house had been sold in 2007. Adding the sale to the GDP in 2011 would lead to double counting.
It's only the amount paid to the agent that would be added to GDP.
I hope my answer helps you
Answer:
- after-tax average annual return = 14.41%
- after tax dividends per year = $38.88
Explanation:
initial investment = 30 shares x $72.49 per share = $2,174.70
- dividends received per year = 30 shares x $0.36 x 4 (dividends paid every quarter) = $43.20
after tax dividends per year = $43.20 x 90% = $38.88
- long term capital gains = (30 shares x $183 per share) - initial investment = $5,490 - $2,174.70 = $3,315.30
taxes on long term capital gains = $3,315.30 x 10% = $331.53
To calculate Mason and Kirsty's after tax average annual return (interest rate) we can use the excel spreadsheet =RATE function, where:
- PV = -2174.70
- FV = 5490 - 331.53 = 5158.47
- Pmt = 38.88
- Nper = 7
=RATE (nper, pmt, pv, [fv])
=RATE (7,38.88,-2174.70,5158.47) = 14.41%
