The tax concept and economic concept of income are in agreement on which of the following:

Consider the market for mobile applications, smartphones, and conventional phones. Each pair are they complements or substitutes

madam [21]

Explanation:

Complements and Substitutes are basically the goods or services. Complements are the goods which are used with one another, and with the increase of price of one good, the demand of other good falls. On the other hand, substitutes are the goods which are used in place of other goods and with the increase in the price of one good, the demand of other product increases.

In this question, Mobile Applications and Smart Phones are Complements, and Smart Phones and Conventional Phones are Substitutes, and Mobile Applications and Conventional Phones are substitutes.

5 0

3 years ago

A car rental agency rents 200 cars per day at a rate of 29 dollars per day. For each 1 dollar increase in the daily rate, 5 fewe

Irina-Kira [14]

Answer and Explanation:

Given:

Total car = 200

Rate = $29

Computation:

Total increase in rate = a

So , Total decrees in car = 5a

Total income (y) = [200-5a][29+a]

y = 5,800 + 200a - 145a - 5a²

y = 5,800 + 55a - 5a²

y' = dy / da [5,800 + 55a - 5a²]

y' = -10a + 55

in which , y' = 0

0 = -10a + 55

a = 5.5

So , Maximum rate = $ [29+5.5]

Maximum rate = $34.5

maximum income = 5,800 + 55(5.5)- 5(5.5)²

maximum income = 5,800 + 302.5 - 151.25

maximum income = $5951.25

3 0

3 years ago

Could someone help me

Gnoma [55]

Answer: There are several strategies to keep a job. For each paragraph you will want to stay on topic for each individual strategy that you have researched.

Explanation:

There are numerous ways that a person can keep a job. Whether you are new on the job or an expert everyone should keep in mind that they can be replaced. It is imperative that employees follow the rules of the job and not to get complacent in their role.

Here is a list of five strategies that will help a person keep their job:

Always improve your work skills.
Learn the politics of the office and try to stay neutral.
Understand the position you are placed in and if you have questions always ask.
Try and meet the right people who can help you advance further in the company.
Ask your manager or supervisor for feedback on your job performance and if there is anything negative, learn ways to improve.

3 0

3 years ago

On January 1, an investment account is worth 50,000. On May 1, the value has increased to 52,000 and 8,000 of new principal is d

Evgesh-ka [11]

The question is incomplete. The complete question is :

On January 1, an investment account is worth 50,000. On May 1, the value has increased to 52,000 and 8,000 of new principal is deposited. At time t, in years, (4/12 < t < 1) the value of the fund has increased to 62,000 and 10,000 is withdrawn. On January 1 of the next year, the investment account is worth 55,000. The approximate dollar-weighted rate of return (using the simple interest approximation) is equal to the time-weighted rate of return for the year. Calculate t.

Solution :

It is given that :

Worth of investment account on 1st Jan = 50,000

Worth of investment account on 1st Jan next year = 55,000

New principal deposited = 8000

Therefore the interest earned = 55,000 - 50,000 - 8,000 + 10,000

= 7,000

Therefore,

$\frac{7000}{\frac{50000+16000}{3-10000(1-t)}}= \frac{52}{50} \frac{62}{60} \frac{55}{52} - 1$

= 0.13667

7000 = 0.13667(55,333.33 - 10000 + 10000t)

$t=\frac{7000-0.13667(45333.33)}{1366.7}$

= 0.5885

Thus, time - weighted rate of the return = 0.5885

4 0

3 years ago

These are goals that you will achieve over a longer period of time, anywhere from one to twenty years. These are often our most

erica [24]

Long-term goals is the answer i'm pretty sure

3 0

3 years ago

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