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Andreyy89
3 years ago
10

Making a prediction today about the​ world's population in twenty years based on current growth trends is an example of ▼ normat

ive prescriptive positive economics. Advising the residents of a town to choose a toll road over a freeway extension due to a limited budget and high trucking usage is an example of ▼ normative prescriptive positive economics.
Business
1 answer:
iragen [17]3 years ago
6 0

Answer: Positive, Normative

Explanation: Positive economics is based on facts and objects that can be verified. While, normative economics is based on value based judgement that are difficult to verify.

Making a prediction today about the​ world's population in twenty years <em>based on current growth trends</em> is an example of <em>positive economics</em>.

<em>Advising</em> the residents of a town to choose a toll road over a freeway extension due to a limited budget and high trucking usage is an example of <em>normative economics</em>.


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Fresh Veggies, Inc. (FVI), purchases land and a warehouse for $490,000. In addition to the purchase price, FVI makes the followi
Airida [17]

Answer:

$555,900

Explanation:

To determine the FVI amount that should be recorded, all closing costs must be added to the initial purchase price of the land

∴ = $490,000 + $29,000 + $1,900 + $6,000 + $29, 000

 =$555,900.

4 0
3 years ago
C&amp;A sells T-shirts for $20 that cost $5 to produce. The annual holding cost percentage is 10% and the T-shirts turn 25 times
Angelina_Jolie [31]

Answer:

B. $0.02

Explanation:

The computation is shown below:

Since the annual holding cost percentage is 10% and the cost of production is $5. So, the holding cost would be

= $5 × 10%

= 0.5

Now if the t-shirts run 25 times a year, so the holding cost would be

= 0.5 ÷ 25 times

= $0.02

Simply we compute the holding cost based on number of times the t-shirt turns in a year

All other information which is given is not relevant. Hence, ignored it

8 0
3 years ago
Which of the following is NOT an assumption that economists make when developing a production possibilities frontier (PPF)?
marta [7]

Answer:

Option D

Explanation:

Because it is not one of the key assumption underlying ppf

4 0
3 years ago
Union Local School District has a bond outstanding with a coupon rate of 2.8 percent paid semiannually and 16 years to maturity.
mafiozo [28]

Answer:

$4,420.35

Explanation:

Bond Price = C x [1 - (1 + r)^{-n} / r] + F / (1 + r)^{n}

Where:

  • C = Coupon
  • r = Yield to Maturity
  • n = compounding periods to maturity

Now we plug the amounts into the formula =

Bond Price = $140 x [1 - (1 + 0.034)^{-32} / 0.034] + $5,000 / (1 + 0.034)^{32}

Bond Price = $4,420.35

3 0
3 years ago
A company sells 800 units at $16 each, has variable costs of $12 per unit, and fixed costs of $1,200. Income is $
Inessa05 [86]

Assuming a company sells 800 units at $16 each, has variable costs of $12 per unit. The after-tax income is $1,200.

<h3>After-tax income</h3>

Using this formula

After-tax income=(Selling units×Selling price)-[(Variable costs×Selling price)+Fixed costs]×(1- tax rate)

Let plug in the formula

After-tax income=(800 units× $16 each)-[(800 units × $12 each)+$1200]×(1-.40)

After-tax income=$12,800-($9,600+$1,200)×0.60

After-tax income=$12,800-$10,800×0.60

After-tax income=$2,000×0.60

After-tax income=$1,200

Inconclusion the after-tax income is $1,200.

Learn more about after-tax income here:brainly.com/question/1775528

5 0
2 years ago
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