Answer: Edmond's budget line equation is 6V - 24G = 48
Explanation: A Budget Line is also called as Budget Constraint. It shows all the combinations of two commodities that a consumer can afford at given market prices and within the particular income level.
Let Punk video cassette = V
Garbage = G
Therefore, Edmond's budget line equation will be a combination of the punk video cassette less the garbage he is paid for equal to his allowances
6V - 24G = 48
Answer:
Instructions are listed below.
Explanation:
Giving the following information:
Kern Company deposited $1,000 in the bank on January 1, 2017, earning 8% interest. Kern Company withdraws the deposit plus accumulated interest on January 1, 2019.
We need to use the following formula:
FV= PV*(1+i)^n
A) i= 0.08 n=2
FV= 1000*(1.08^2)= $1,166.4
B) i= 0.08/2= 0.04 n= 4
FV= 1,000*(1.04^4)= $1,169.86
C) i= 0.02 n= 8
FV= 1,000*(1.02^8)= $1,171.66
Answer:
The correct answer is c. Reducing barriers that limit entry of firms into new and existing markets.
Explanation:
An entry barrier is a high cost or other type of barrier that prevents a business from entering the market and competing with other businesses. Barriers to entry may include government regulations, the need for a license, or having to compete with a large corporation being a small business.
As an example, the large company is able to produce a larger quantity of products more efficiently than a company with fewer resources. They have lower costs because they are able to buy bulk materials, and they have less overhead because they produce more under one roof. It would be difficult for the small company to keep up with that, resulting in the avoidance of market entry.
Barriers to entry can have a negative effect on prices because the playing field is not level and competition is restricted. It is not an ideal situation for anyone except for the large company that has a monopoly. However, entry barriers are not always prohibitive. In fact, many new businesses find some type of entry barrier that they must overcome, be it the initial investment, the acquisition of licenses or obtaining a patent - it is only part of the business.
The issuer must be of the organization where <u>Securities issued by nonprofit organizations are exempt from </u><u>federal registration</u><u>, regardless of how they are sold.</u>
<h3>
What is federal registration?</h3>
- The federal registration, the U.S. federal government's official journal, publishes notices to the public, proposed regulations, and guidelines for government agencies.
- Except for federal holidays, it is published every workday. The Code of federal registration (CFR), which is revised yearly, codifies the final rules issued by a federal agency and published in the Federal Register after being rearranged by theme or subject matter.
- The Government Publishing Office prints the federal registration after it has been assembled by the Office of the federal registration (a division of the National Archives and Records Administration). The federal registration is free from copyright restrictions because it is a government-produced work and belongs to everyone.
To learn more about federal registration with the given link
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Answer:
A person whose salary has increased is able to purchase fewer goods and services.
Explanation:
Inflation is characterized by an increase in the prices of goods and services along with a reduction in the purchasing power.
Real income of an individual refers to the income which has been adjusted for the effects of inflation. Whereas, Nominal income refers to the income which is before any such adjustment for inflation.
In the given case, the nominal income has increased i.e if we ignore inflation. But while considering inflation, the real income of the individual has reduced evidenced by the fact that the purchasing power has reduced.