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3 years ago

Retirement income for older women is about ______ percent of that for men.

1 answer:

8 0

Retirement income for older women is about 55 percent of that for men. In the year 2009, 16 percent of single older men and 21 percent of single older women cut down under the poverty line. Among individuals aged 65, more than two times as many men as women have private pensions.

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When this market is in equilibrium, price is $ $6 and quantity bought and sold is 300 units. In equilibrium, consumer surplus is

Gnom [1K]

Answer: hello your question is incomplete attached below is the missing information

Answer :

$900

$600

Given the new price of $4 by Government

quantity demanded = 400 units

quantity supplied = 150 units

quantity bought and sold = 150 units

$975

$150

$375

Explanation:

Consumer surplus ( area below demand curve and above $300

= Area of triangle = 0.5 * base * height

= 0.5 * 300 ( 12 - 6 ) = $900

producer surplus ( area above supply curve and below $300

= Area of the triangle = 0.5 * 300 ( 6-2 ) = $600

Given the new price of $4 by Government

quantity demanded = 400 units

quantity supplied = 150 units

quantity bought and sold = 150 units

Consumer surplus ( area of triangle + area of rectangle )

= 0.5 * 150 * ( 12-9 )+ L*B

= 0.5 * 150 * ( 3 ) + 150 * ( 9 - 4 ) = $975

producer surplus ( Area of triangle )

= 0.5 * 150 * (4-2) = $150

deadweight loss ( area of triangle )

= 0.5 * ( 300 - 150 ) ( 9-4 )

= $375

6 0

2 years ago

What is the best example of a short-run adjustment?

k0ka [10]

Answer:

Short-run economics primarily affect price.

Explanation:

When demand decreases for any reason, prices go down in the short term. When demand spikes, prices go up. ... Long-run adjustments occur when sustained increases or decreases in demand cause a business to change its practices and can affect both price and the means of production.

8 0

3 years ago

Read 2 more answers

Lacuna Inc. factors $12,000,000 of its accounts receivables with recourse for a finance charge of 3%. The finance company retain

Elena L [17]

Answer:

The loss on transfer of receivables is $960,000

Explanation:

Sales amount $12,000,000

Finance charge 3%*$12 million ($360,000)

Retention amount 10%*$12 million ($1,200,000)

Cash upfront $ 10,440,000

The recourse liability is $600,000,which means that additional liability of $600,000 would be incurred by Lacuna Inc, if the total amount from the receivables is not received owing to the fact that the factoring is with recourse.

The loss on transfer of receivables is shown as:

Finance charge $360,000

Recourse liability $600,000

total loss $960,000

5 0

3 years ago

Rolling Coast Inc. issued BBB bonds two years ago. These bonds provided a yield to maturity (YTM) of 11.5 percent. Long-term ris

vaieri [72.5K]

Answer: 9.2%

Explanation:

The interest rate that Rolling Coast should expect to issue new bonds will be calculated thus:

Firstly, we will calculate the previous risk premium on BBB bonds which will be:

= 11.5% - 8.7% = 2.8%

Then, the new risk premium on BBB bonds will be:

= Previous risk premium / 2

= 2.8% / 2

= 1.4%

Then, the interest rate that Rolling Coast should expect to issue new bonds will be:

= 7.8% + 1.4%

= 9.2%

8 0

2 years ago

Which of the following is a characteristic of managerial accounting?

Dmitry [639]

Answer: E. All of the above are characteristics of managerial accounting.

Explanation:

Managerial accounting is geared towards analysing accounting data to help management of an organization make decisions. As such it is internal and is seen by company employees.

To help the management, specific management reports are produced from which decisions affecting the company can be made. It is relatively flexible to enable it to suit the demands of the company and as it is for internal use, is not independently audited.

5 0

3 years ago