Answer:
Consumer Surplus = $1.50
Explanation:
Consumer surplus is the difference between what a consumer is willing to pay for a given amount of goods or services and what he ends up paying.
Therefore,
Consumer surplus = Amount consumer is willing to pay less amount paid
Given that
Elvis is willing to pay 5 + 4 + 4.50 = 13.50 for three
Price of 3 sandwich = 3 × 4 = 12
Consumer surplus = 13.50 - 12
= $1.50
Answer:
Explanation:
From the question, we are informed that the British government has a consol bond outstanding paying pound 100 per year forever and that the current interest rate is 4% per year.
A. What is the value of the bond immediately after a payment is made?
The value of the bond here will be the present value of the payment on perpetuity. This will be payment divided by rate.
= $100/4%
= $100/0.04
= $2500
B. What is the value of the bond immediately before a payment is made?
The bond value here will be the value of the payment added to the value of the bond immediately after a payment is made which is calculated in (a) above. This will be:
= $100 + $2500
= $2600
Answer:
Dr Cash $63,600,000
Cr Premium on Bonds $3,600,000
Cr Bonds payable $60,000,000
Explanation:
Preparation of the journal entry to record the issuance of the bonds.
Dr Cash $63,600,000
(106%*$60,000,000)
Cr Premium on Bonds $3,600,000
($63,600,000-$60,000,000)
Cr Bonds payable $60,000,000
(To record issuance of the bonds)
Answer:
What is a common characteristic of careers in the information support services pathway? choose all answer that are correct
Explanation:
These are the following common careers in the information support services pathway that anyone can pursue as a career.
- Computer Support Specialist.
- Computer System Engineer/Architect.
- Data Warehousing Specialist.
- Database Architect.
- Computer Support Specialist.
The computer support specialists mostly provides technical support to the company's customers ,employees or a certain organization. Such specialist guide and advice about the usage of the different software and hardware. Such specialists helpful for troubleshooting of different software and hardware devices.
2. Computer System Engineer/Architect.
A computer engineer is the one who develop the computer system. He/ she is responsible for the development, design ,testing and implementation of the system. Moreover, it gives the hands on training and advice related to the usage of the computer system.
3. Data Warehousing Specialist.
Data warehouse specialists are usually responsible for managing the larger data set in an organised form. Such computer experts are responsible for keeping the data in a proper format and such data is easy for retrieval as well. These are called the data scientists. They simply able to slice the data ,analyse the data and give reports to the business owners those could take decisions on the business.
4. Database Architect.
Database architects are usually manage the large scale of data sets. They store the data electronically in a proper way that such data sets would be used to take the decisions on larger scale as well. The data sets of larger companies and agencies use to be managed in such a way that the reports and businesses decisions used to be made by using such big data sets. Database architects are responsible for the management of data in a proper and organised form. They store the data by using different software and the time of need such data sets will be used. Database architects are playing role in the growing business of the country.
