<span>Call cost per minute = $0.04
Number of minutes talked = 550
Call charges for 550 minutes @ $0.04 = $22
We should add the monthly charge of $6 to this call charges because that too is a part of our call cost. So the total cost would be $22 + 6 = 28.</span>
the best choice was black market
Answer:
Equilibrium price= $3
Equilibrium quantity= 500 tons
Explanation:
At equilibrium, quantity demanded is equal to quantity supplied.
It was give that Income= $50,000
So Qd= 300- 100p +0.01(50,000)
Qd= 300- 100p + 500= 800- 100p
Also Cost is given as $5
So Qs= 200+ 150p- 30(5)
Qs= 200+150p- 150= 50+ 150p
At equilibrium Qd= Qs
800-100p= 50+ 150p
Rearranging you get
800-50= 100p+ 150p
750= 250p
750/250= p
$3= p
This is the equilibrium price, subsititute p in equation Qd= 800- 100p
Qd= 800- 100(3)
Qd= 800- 300= 500 tons
So 500 is the equilibrium quantity
Answer:
$10,000
Explanation:
Monica has a Roth IRA in which she contributed $15,000
The IRA has a current value of $37,500
Monica is 54 years old
She takes a distribution of $25,000
Therefore, the amount of distribtion that will be taxable can be calculated as follows
Amount of taxable distribution= $25,000-$15,000
= $10,000
Hence the amount of distribution that will be taxable to Monica is $10,000
