Answer:Therefore amount of deductions allowable in year of installation = $7,808
Explanation:
Deductions entitled in the year of installation of pool =Cost of installing pool -insurance cost - the increase in property value
=$19,520- $4,880 -$6,832
=$7,808
Therefore amount of deductions allowable = $7,808
Answer:
no. keep it this way. it looks nice. nothing is better than this
Answer:
The correct answer is: zero; zero.
Explanation:
If a monopolist discovers a way to perfectly discriminate, it means that the monopolist will charge equal to the willingness to pay from each consumer.
The consumer surplus is the difference between the maximum price a consumer is willing to pay and the price it actually pays.
Since each consumer is paying price equal to its willingness to pay, the consumer surplus will be zero.
There will be no efficiency costs. The monopolist will sell output where the maximum price the consumer is willing to pay is equal to or greater than the marginal cost. So all efficient trades will occur, there will be no efficiency costs.
Answer:
Check the explanation
Explanation:
According to this given situation in the question above, we will have to put into consideration the average variable cost and the expectation about the price of red delicious apples in the market.
A whole lot of apple farmers did not harvest the apples directly from their trees, due to the fact that their average variable cost is bigger than the price of the apples, which at the end resulted to losses as they couldn’t even cover their average fixed costs. on the other hand, a lot of other apple farmers chose to bulldoze their apple trees, as the price was bigger than their average variable cost and they were hoping for a rise in the apple prices in future, which can lead to a profitable apple farming future.
Today we have currencies to buy things, but there was an era when there were no currencies. People at that times used to exchange things to buy or sell something.
In the given case person used five beaver pelts to buy a bag of rice and two beaver pelts to buy a pair of shoes, so it is a clear indication that the person used a medium of exchange.
Hence, the correct answer is <u>C) medium of exchange</u>
