Answer:
$587.79
Explanation:
Data provided in the question
Amount paid in three years = $700
Discount rate in the first year = 5%
Discount rate in the second year = 6%
Discount rate in the third year = 7%
So by considering the above information, the present value is
= (Amount paid in three years) ÷ (1 + Discount rate in the first year × 1 + Discount rate in the second year × 1 + Discount rate in the third year)
= ($700) ÷ (1 + 0.05 × 1 + 0.06 × 1 + 0.07)
= ($700) ÷ (1.05 × 1.06 × 1.07)
= $700 ÷ 1.19091
= $587.79
Answer:
Station 1 is a bottleneck station because the processing time taken to process the product in such station is 9 minute when compared with Station 2 and Station 3
Explanation:
Station 1 = Processing time is 9 minutes
Station 2 = Processing time is 5 minutes per unit (15 minutes / 3 machines)
Station 3 = Processing time is 7 minutes
Thus, the Station 1 is the bottleneck station with a bottleneck time of 9 minutes per unit.
The price behind the Yeezy allows for the item to be well known. Much like Jordan brand sneakers, its name represents a higher fiscal status.
Answer:
$28,000
Explanation:
we need to calculate the loss on the sale of the building:
sales price - basis = $50,000 - $80,000 = ($30,000)
- Harry = ($30,000) x 40% = ($12,000)
- Landers = ($30,000) x 40% = ($12,000)
- Waters = ($30,000) x 20% = ($6,000)
- total loss = ($30,000)
the partners basis:
- Harry = $40,000 - $12,000 = $28,000
- Landers = $30,000 - $12,000 = $18,000
- Waters = $15,000 - $6,000 = $9,000
- total = $55,000
Since the partners' basis ($55,000) equal the total available cash ($5,000 cash and $50,000 proceeds from sale = $55,000), then each partner will receive an amount equal to their basis.
- Harry = $28,000
- Landers = $18,000
- Waters = $9,000
Answer:
(1) the demand (D) for X will increase
(2) the equilibrium price (P) of X will Increase (Depending on a shift in the Demand curve)
(3) the equilibrium quantity (Q) of X. will Increase (Depending on a shift in the Demand curve)
Explanation:
Consumer expectations that the price of X will rise sharply in the future will:
1. Trigger <u>the demand for X to increase</u> because it is clear that the price of a good affects the demand, and also true that expectations about the future price do affect demand. For example, if people hear that the product X will be more expensive tomorrow, they may rush to the store to buy X now, and hold off buying tomorrow or else they will spend more money. This is a movement along the demand curve.
2. Cause a Possible Increase in Equilibrium Price: Given that as stated in 3 below, the consumers are willing to buy more at a price higher than the current price but not as high as the expected increase in price, <u>such will not only cause a shift along the demand curve but it will cause a shift of the demand curve outwards and establish a new equilibrium price.</u>
3. Make the Equilibrium quantity of X to increase: Consumer expectations is a strong determinant of quantity demanded and <u>if price is expected to increase and customers are moved to buy more as a precaution, they may be willing to buy more at a higher price if that price is not as high as the price increase expected; this will put pressure on the demand curve and cause it to shift outwards, thereby establishing a new and higher equilibrium quantity.</u>
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