Answer:
$ 1,001,800
Explanation:
The following costs will be included in th cost of land
Purchase cost: 990,000
Closing cost: 2,900
Back Taxes: 8,900
(land taxes are payed every year, so they can't be included in the cost of land)
Total cost of land= 990,000+2,900+8,900= 1,001,800
B. Professional Service
The service process matrix rates services from low to high on labor intensity and on customization. Professional services are high on both.
Answer:
The customer should buy more of good X.
Explanation:
Marginal utility is the additional satisfaction derived from spending an additional unit of money on a commodity.
In the scenario above, since more additional satisfaction is derived from purchasing good X than it is derived from purchasing good Y, then more of good X should be purchased, because this is clearly the commodity that offers more satisfaction.
Therefore, in order for utility to be maximized, more money should be spent on more of good X.
Homolosine projection refers to the pseudo-cylindrical, equal area composite map which is used for world map. It is used to show the spatial distribution of the world continents.
The major set back of the homolosine projection is that it distorts {that is, interrupts} the shapes of water areas, thus distance and direction are not accurate on the projection.