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3 years ago

9. Gallagher is planning on

Business

1 answer:

Simora [160]3 years ago

6 0

Answer:

$40000 is the opportunity cost to attend college.

Explanation:

The opportunity cost is something that a person loses in order to acquire the other thing. In the given case total tuition fees of 4 years are $40000. Moreover, Gallagher has two options. First, he can forgive the idea to go to college and save $40000. Secondly, he can go to college and lose $40000. Let us assume Gallagher attends the college. If he attends college then he has to lose $40000. Thus, this $40000 is the opportunity cost to attend college.

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It has been argued that as a result of not producing the quantity of output where unit cost is minimized, the monopolistic compe

Leto [7]

Answer:

The correct answer is: high; little.

Explanation:

In monopolistic competition, a firm produces at the level of output where the marginal revenue is equal to marginal cost. The firm is able to maximize its profit at this point.

However, the socially optimal level of output is where the price is equal to marginal cost. This level of output is greater than the profit-maximizing level of output and charges a lower price.

But since the firm is a price maker, it produces at the point where MR equals MC. At this point, the price is higher and the output produced is smaller. This creates a deadweight loss in the market.

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3 years ago

_____ is the total value of all the finished goods and services produced in a country over a certain period of time

Delvig [45]

Answer:

GDP (Gross Domestic Product)

Explanation:

6 0

3 years ago

Identify and explain two characteristics of the packaging of the chocolate bars

zubka84 [21]

Chocolate products are protected throughout the distribution process. Flexible packaging keeps goods fresher for longer, as packaging can include foil layers that ensure that products are preserved. Flexible chocolate packaging provides valuable nutritional information that assist consumers in correct product selection.
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5 0

3 years ago

Mark Johnson saves a fixed percentage of his salary at the end of each year. This year he saved $2,000. For each of the next 5 y

IrinaVladis [17]

Answer:

Mark will have $19,878.70 at the end of six years

Explanation:

Use the following formula to calculate the present value of cash flows

PV = $A [\frac{1 - (\frac{1+g}{1+r})^n }{r - g} ]$

Where

A = Investment = $2,000

g = growth rate = 4%

r = 15%

n = 6

Placing values in the formula

PV = $2,000 [\frac{1 - (\frac{1+0.06}{1+0.15})^6 }{0.15 - 0.06} ]$

PV = $8,594.11

Now calculate the future value in order to determine the amount Mark will have at the ned of six years

Future value = $PV ( 1 + r )^n$

Where

PV = $8,594.11

r = 15%

n = 6

Placing values in the formula

Future value = $8,594.11 ( 1 + 0.15 )^6$

Future value = $19,878.70

8 0

3 years ago

O'Brien Ltd.'s outstanding bonds have a $1,000 par value, and they mature in 25 years. Their nominal yield to maturity is 9.25%,

kozerog [31]

Answer:

8.99%

Explanation:

For this question we use the PMT function that is presented on the excel spreadsheet. Kindly find it below:

Given that,

Present value = $975

Future value = $1,000

Rate of interest = 9.25% ÷ 2 = 4.625%

NPER = 25 years × 2 = 50 years

The formula is shown below:

= PMT(Rate,NPER,-PV,FV,type)

The present value come in negative

So, after solving this, the PMT is $44.96

Now the annual PMT is

= $44.96 × 2

= $89.92

So, the coupon interest rate is

= $89.92 ÷ $1,000

= 8.99%

4 0

3 years ago