Answer:
An increase in the price of a ticket will not cause a decrease in demand, but rather a decrease in quantity demanded.
Explanation:
Answer:
3.75 years.
Explanation:
So, we are given the following data or parameters in the question above as:
=> The amount the company is offering = $8,000 at 6.25 percent interest.
=> ". The monthly payment is only $200. "
Therefore, rate = rate per period = 0.00520833333333333 + from 0.0625/12).
The Number of payment period = N = 45.0.
N(6.25 %/12,200, - 8000.
45/12 = 3.75 years.
Hence, it will take a period of 3.75 years for me to pay up the loan.
The difference between the in the present value is $2,170.39, as annual payments of $3,600 for each of the next 12 years.
<h3>Explanation:</h3>
Yearly payments, P = $3,600
Annual discount rate, i = 8% = 0.08
Number of years, n = 12
Present value (PV) when payments are done at done the beginning of each year:
PV = P+P[1-(1+i)^-(n-1)]/i = 3,600+3,600[1-(1+0.08)^-(12-1)]/0.08 = $29,300.27
Present value (PV) when payments are done at the end of each year:
PV = P[1-(1+i)^-n]/i = 3,600[1-(1+0.08)^-12]/0.08 = $27,129.88
The difference between the two values = $29,300.27 - $27,129.88 = $2,170.39
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Utilization can be calculated using the formula utilization
= average output rate / maximum capacity.
Utilization = number of lots x setup time + processing time
x number of units / number of hours per day x working days per year
Utilization = [200 x 1 + (45/60) x 2000] / (8 x 215) = 1700 / 1720
Utilization = 0.9884
The utilization is 0.9884 or 98.84%. capacity cushion can be
calculated by subtracting the utilization from 1. The capacity cushion is 0.01163
or 1.17%
The primary difference between a change in supply and a change in the quantity supplied is that: A. a change in quantity supplied is a movement along the supply curve, while a change in supply is a shift in the supply curve.
<h3>What is supply?</h3>
Supply can be defined as the amount of goods produced that are made available for sales at particular period of time.
The major difference between a change in supply and a change in the quantity supplied is that a change in quantity supplied occur when ever their is a movement in the the supply curve, while on the other hand change in supply occur when their is shift in the supply curve.
Therefore the correct option is A.
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The complete question is:
The primary difference between a change in supply and a change in the quantity supplied is?
A) a change in quantity supplied is a movement along the supply curve, while a change in supply is a shift in the supply curve.
B) both a change in quantity supplied and a change in supply are movements along the supply curve, only in different directions.
C) a change in supply is related to the supply curve, while a change in quantity supplied is related to shifts in the demand curve that elicit a change in supply.
D) a change in supply is a movement along the supply curve, while a change in quantity supplied is a shift in the supply curve.