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harkovskaia [24]

2 years ago

5

Brenda’s community is suffering as the primary employer has shut down and all workers were laid off. In addition, the price leve

l has increased significantly. This economic condition is known as .

1 answer:

tresset_1 [31]2 years ago

6 0

I would say recession.

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. Assume that the company produces and sells 45,000 units during the year at a selling price of $16 per unit. Prepare a contribu

zzz [600]

Answer and Explanation:

The preparation of the contribution margin income statement for the year is presented below:

Sales (45,000 units × $16 per unit) $720,000

Less: variable cost (45,000 units × $180,000 ÷ 30,000 units) -$270,000

Contribution margin $450,000

Less: fixed cost -$300,000

Net operating income $150,000

3 0

2 years ago

____________ transforms resource inputs from the environment into product outputs.

Shtirlitz [24]

Answer:

Open system

Explanation:

7 0

2 years ago

Price and Output data over a five year period for an economy that produces only one good. Assume that year 2 is the base year. Y

olasank [31]

Answer:

$90

Explanation:

Nominal GDP is GDP calculated using current year prices.

Nominal GDP = current year prices x unit of output

18 x $5 = $90

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

7 0

3 years ago

Phil purchased a car today at a price of $8,500. He paid $300 down in cash and financed the balance for 36 months at 5.75 percen

Yanka [14]

Answer:

$\large\boxed{\large\boxed{\$ 248.53}}$

Explanation:

The equation to calculate the <em>monthly payment</em> for fixed-rate loans is:

$Monthly\text{ }payment=Loan\times \bigg[\dfrac{r(1+r)^t}{(1+r)^t-1}\bigg]$

Where:

Loan = $8500 - $300 = 8,200

r is the monthly interest = 5.75% / 12 = 0.0575/12 ≈ 0.00479

t is the number of moths = 36

Substituting:

$Monthly\text{ }payment=\$8,200\times \bigg[\dfrac{(0.0575/12)(1+(0.0575/12))^{36}}{(1+(0.0575/12))^{36}-1}\bigg]=\$ 248.53$

6 0

3 years ago

In eight years, when he is discharged from the Air Force, Steve wants to buy a $30,000 power boat. Click here to view Exhibit 12

IceJOKER [234]

Answer:

The correct answer is:

(1) $15,054

(2) $12,990

Explanation:

The required table is not given in the question. Please find below the attachment of the table.

Given:

Future value,

= $30,000

If discounting rate is 9%, the present value will be:

= $Future \ value\times PV \ factor(9 \ percent, 8 \ years)$

= $30000\times (\frac{1}{1.09} )^8$

= $30000\times 0.5018$

= $15,054$ ($)

If discounting rate is 11%, the present value will be:

= $Future \ value\times PV \ factor(11 \ percent, 8 \ years)$

= $30000\times (\frac{1}{1.11} )^6$

= $30000\times 0.433$

= $12,990$ ($)

8 0

2 years ago