For a monopolist facing this demand curve, the profit-maximizing quantity is 50 and the profit-maximizing price is $2.
The curve is a payment card that aggregates multiple payment cards via a companion mobile app, allowing users to pay and withdraw from one card. You can 'change the bank card you paid with after each transaction is completed.
The curve allows you to change the card used for a particular purchase 30 days after purchase. This is useful if you accidentally use the wrong card or need to manage your credit limit.
In a simple closed curve, the shape is closed by lines or curves. Triangles, squares, circles, etc. are examples of closed curves. A curve that has the same start and end points and does not intersect is called a simple closed curve. A circle is a simple closed curve.
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Answer: psychic proximity
Explanation:
The above scenario in the question reflects the psychic proximity between the countries and the United States.
In international business, psychic proximity simply has to do with the national differences between countries which influences a country's perception towards another country.
Therefore, the correct option is C.
In order to determine whether to major in economics, a rational individual compares the <u>marginal benefit </u><u>and</u><u> marginal cost.</u>
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Marginal benefit is the maximum amount a consumer is willing to pay for additional goods or services. Consumer satisfaction tends to decline as consumption increases. Marginal cost is the change in cost when additional units of a good or service are produced.
Marginal utility and marginal cost are related in many ways in manufacturing and production, investment, and consumption. Marginal cost (MC) is the cost of the last unit produced or consumed, and marginal utility is the utility gained from that last unit.
Marginal benefit is the increase in total utility due to a unit change in the output of a good. Marginal cost is the increase in total cost caused by a one-unit change in the output of a good.
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Answer:
It can take a mortgage up to 90,819 dollars
Explanation:
1,300 per month
-300 maintenance and other cost
1,000 per month
What is the PV of an annuity of 1,000 dollars
C 1000 (proceeds from the rent)
time 240 (20 year x 12 month per year)
rate 0.01 ( 12% / 12 months = 1%)
PV $90,819.4163
It can take a mortgage up to 90,819 dollars
