Answer:
c. $12,000
Explanation:
In this question, we assume the Fred and Wilma divorced in year i.e before 2019. Since in the question, it is given that the Fred paid $6,000 Wilma and $6,000 directly to the Law school Wilma is attending i.e not related to the child
Both payments are related to Wilma so we consider these payments and reflects the received payment which equals to
= $6,000 + $6,000
= $12,000
All other information which is given is not relevant. Hence, ignored it
Answer:
The value of the test statistic is z= 2.40
Explanation:
n= 1100 (sample size)
Null hypothesis H0: p = 0.25
Alternative hypothesis H1: p>0.22
See attached picture
Answer:
b. A term loan
Explanation:
A term loan is a type of loan that has a series of fixed payments with an interest rate, which can also be fixed, or unfixed.
The word fixed payment means that the payments have a specific date in which to be made.
In this case, Timini Inc is using a term loan to finance its operation because the bank mandates Timini Inc to return the borrowed amount with a regular schedule of fixed payments.
Answer: The correct answer is "E. both b and c.".
Explanation: A firm will maximize profit by producing that level of output at which "B. the additional revenue from the last unit sold equals the additional cost of the last unit." (<u>to the point where Marginal Income = Marginal cost</u>). And the "C. total revenue exceeds total cost by the largest amount".
Option C statement is true, Trade will benefit both countries because the United States has a comparative advantage in the production of alfalfa and Canada has a comparative advantage in the production of soybeans.
Explanation:
Global trade in goods has increased rapidly since the Second World War and particularly in the last three decades. Food was no exception, as well as the global food network has become extremely complex and integrated, with over 1.1 trillion dollars in agricultural trading today.
In a peaceful world, a country can make reason to cultivate the few products that it is suitable to manufacture, export what it really is capable of producing to a competitive advantage and import what it should not grow. It is a "comparative advantage" and a key economic theory supporter.
