Answer: $4,000
Explanation:
The house is worth $200,000 in the present when you bought it.
When you sell it in a year, it would have appreciated by 2% over the capital that you invested as per the expected increase in Real Estate rates.
Your capital gain therefore is that 2%;
= 2% * 200,000
= $4,000
Answer:
B) French wines will become more expensive in the United States.
Explanation:
When rate of dollar falls to that of euro, the same number of dollars will purchase fewer French goods, so French goods become more expensive to American consumers. If one travels to Europe (including France), one will exchange one dollar for less than one euro
More moderate. Now there are more organizations that focus on a far left or far right audience and their coverage is more polarized/biased toward their opinion that in the past.
Answer:
E. Fixed Costs
Explanation:
Here are the options to this question :
A. Variable Costs
B. Labor Costs
C. Total Costs
D. Raw material Costs
E. Fixed Costs
Sunk costs are costs that have already been incurred and cannot be recovered. They should not be considered when making future economic decisions.
Fixed cost is cost that do not vary with production. e.g. rent
Most companies pay rent per year. if due to unforeseen contingencies, sales and profit of the company declines and the company decides to shut down production, the company has already paid for rent, this amount cannot be recovered even though the company would not be using the space for sometime. So, rent is an example of sunk cost