Answer:
see below
Explanation:
The balance in Lucia's account is 1.05 times the original deposit, reflecting addition of 5% interest for the year.
The ticket price is the original price multiplied by (1 + inflation rate). The number of tickets that Lucia can purchase is the account balance divided by the ticket price. The quotient is rounded down to the nearest integer.
The "real interest rate" is the percentage change from the original number of tickets that could be purchased.
Answer:
the cpi has understated the cost of living because of quality improvement bias
Im pretty sure that it is d
Answer:
d. the firm will lose $750
Explanation:
marginal cost is the derivate of the cost function: It represent the cost of producting an additional unit
cost: 750 + 5q
dC/dQ = 5
We have determinate that marginal cost is $5 thus, we should price at the same value. The mistake from the goverment is to equalize marginal cost with price instead of marginal revenue.
This will make the firm loss the fixed component of the cost as will sale to pay up the variable cost.
The fixed cost is $750 so that is the loss from operations
Answer:
no idea
Explanation:
brochures cannot be removed for they help in breathing system