Answer:
(A) Yes. The increased time spent commuting to your new job is a cost that will incur if you accept the offer. The additional time devoted to the new job, or equivalently utilized that time somewhere else and get a benefit is an opportunity cost of accepting the new job.
(B) Yes. If you accept the new job offer then the money income or salary you were earned from the old job is foregone. Therefore, the $45,000 salary from your old job is an opportunity cost of accepting the new job.
(C) No. It is a benefit received from the new job. Hence, it is not an opportunity cost.
The borrower may be awarded real losses, legal expenses, and, in extreme situations, the credit may be extended.
<h3>What is foreclosure consultant?</h3>
A person who stops the sale of foreclosure is called as foreclosure consultant. He, directly or indirectly, makes a solicitation, representation, or offer to an owner to perform for the act of foreclosure.
A borrower filed a lawsuit against a foreclosure consultant for breaking the mortgage foreclosure consultant legislation. The borrower may be awarded actual damages, legal charges, and credit may be extended in exceptional cases.
Therefore, it can be concluded that credit expansion can be done in some of the cases for violating the mortgage.
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<span>Given that,
Promissory note A = 5,500
Discount rate i = 12%
i = 12/100
Term n= 5 months
we know that,
1 year = 12 months
5 months= 5/12
So we get,
A = 5,500
i = 12/100
n= 5/12
To find the ada's proceeds on the loan formula is,
Proceeds=A(1+i)^n ........... (1)
Put the value of A,i,n in equ (1)
Proceeds=5500(1+12/100)^5/12
=5500(1+0.12)^0.417
=5500(1.12)^0.41667
=5500(1.04835)
Proceeds=5765.94
Therefore $5765.94 Proceeds on the loan</span>
Answer:
Falls:rises.
Explanation:
The MU/P (Marginal Utility/Price) ratio for good X is greater than the MU/P (Marginal Utility/Price) ratio for good Y. To achieve consumer equilibrium, the consumer reallocates dollars from the purchase of good Y to the purchase of good X. If the law of diminishing marginal utility holds, the marginal utility of good X falls and the marginal utility of good Y rises.
The law of diminishing marginal utility states that as the unit of a good or service consumed by an individual increases, the additional satisfaction he or she derives from consuming additional units would start decreasing or diminishing as the units of good or service consumed increases.
Also, the marginal utility of goods and services is the additional satisfaction that a consumer derives from consuming or buying an additional unit of a good or service.
Hence, the marginal utility of good X falls and the marginal utility of good Y rises because the consumer no longer derive satisfaction or benefits (utility) from the consumption of good X while he would switch to good Y for satisfaction.
Answer:
f(x) = -1.25x + 64 I hope this helps :)
Explanation:
total amount of money: $80
He spent $16 for the entrance of the fair and food.
80-(4+12) = 64
After that you subtract $1.25 per ride = -1.25x
Then it gives the function:
f(x) = -1.25x + 64
