Answer:
$0.85 and three cans
Explanation:
Data given in the question
Price per can = $0.50
First can paying price = $0.95
Second can paying price = $0.80
Third can paying price = $0.60
Fourth can paying price = $0.40
So by considering the above information, the noah can buy three cans as the prices are high
So, the consumer surplus is
= First can + second can + third can
where,
First can = $0.95 - $0.50 = $0.45
Second can = $0.80 - $0.50 = $0.30
Third can = $0.60 - $0.50 = $0.10
So, the total consumer surplus is
= $0.45 + $0.30 + $0.10
= $0.85
try defining what a market approach is: a method of determining the value of a product based on the selling price of similar products.
you can then proceed to think of a specific product or brand which is extremely overpriced (meaning sales volume will be low) or underpriced (meaning profit is not as much as it could be).
a simple example of this could be misjudging the value of real estate, and selling houses, land and other infrastructure for either much more or much less than you should
Answer:
b. flextime
Explanation:
Based on the scenario being described within the question it can be said that Marta is enjoying a schedule known as flextime. This is a type of work schedule in which employees are allowed to choose their work start times as well as their end time. This type of schedule is offered to the employee as long as they meet the minimum amount of hours set by their employer.
Answer:
a. The low unemployment rate Of early 2018 could have resulted from many discouraged workers leaving the labor force.
FALSE, the economy was growing during 2017 and 2018, so the fall in unemployment levels is reasonable.
b. Growth of real output slowed between the last quarter of 2017 and the first quarter of 2018.
TRUE, it fell from 2.9% to 2.1%.
c. In early 2018, real output in the economy rose, while unemployment declined.
FALSE, real output fell from 2.9% to 2.1% as well as unemployment that fell to 3.9%.
d. The prices of all domestic products and services rose in 2017.
TRUE, the consumer price index increased by 2.1% during 2017.
Principle is the amount borrowed or invested in or from a bank or a financial institution. In this case the principle is $ 25,000, interest rate is 8% and the interest period is 5 years.
Thus amount to be paid after a period of 5 years will be 25,000 ( 1 +0.08)∧5
= 25,000 (1.08)∧5
=25,000 × 1.4693
=$36,733.20
To calculate the interest we subtract the principle sum from the Amount to be paid.
= $36733.20- $25000=11733.20
Therefore, interest =$ 11733.20
