Answer:
20 is the socially optimal number
Explanation:
In this question, we are asked to calculate the socially optimal number of clean streets given the marginal cost of cleaning them.
To solve this problem, we employ a mathematical approach as follows:
Market demand = Sum of Individual demand
Magaret demand = p = (50-Q)/2 = 25-0.5Q
Thomas demand = P = 40-Q
Market demand = 25-0.5Q + 40-Q = 65-1.5Q
MC = 35
Socially optimal number = MC = Market demand
35 = 65-1.5Q
30 = 1.5Q
Q = 20
Answer:
Explanation:
Interest = Carrying value *Interest rate = $54,447*8% = $4356
Amountof interest to be recognized is $4356
The Credit Card Accountability Responsibility and Disclosure Act of 2009 or Credit CARD Act of 2009 is a federal statute passed by the United States Congress and signed by President Barack Obama on May 22, 2009.
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Answer:
Most companies aim for a turnover ratio between six and 12, according to BusinessKnowHow. Turning inventory too many times means a company misses out on potential sales because it does not keep enough product in stock
