Recovery closes when the association is again arranged to direct aggregate preparing and operations. Recovery incorporates the beneath:
1. Examining and keeping up hardware and faculty.
2. Representing work force, hardware, preparing bolster things, and ammo.
3. Picking up experiences on the most proficient method to make the following activity or far and away superior.
Answer:
A) Tony's opportunity cost for spending 10 hours planting seeds is $250, since that is the amount he could earn be teaching guitar lessons.
B) Tony's accountant will calculate the cost of planting seeds at $130, since it includes only the cost of the seeds
C) Tony's accounting profit is $170 (= $300 - $130). Revenue from selling wheat - accounting cost of planting wheat seeds.
D) Tony's economic loss is $80 [= $300 - ($130 + $250)]. Economic profit or loss is calculated with the formula: economic profit = total revenue - (accounting costs + opportunity costs)
Answer:
28 month (approx)
Explanation:
Given
Present value = $470
Monthly Payment = $20
Interest Rate = 15% annual = 15% / 12 = 1.25% monthly
=0.0125
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Answer:
The answer is: Gintzler will win because consideration existed between both parties.
Explanation:
Consideration in a contract means: the benefit each party gets (or expects) from the contract deal. Every valid contract needs consideration. For example: McDonald's receives your money and you get a Happy Meal.
In order for consideration to "exist" in a contract, the parties involved must make a change in their "position": McDonald's earns a profit and gets richer, and you are not hungry anymore.
Consideration usually comes from:
- a promise to do something (that you are not legally obligated to do), or
- a promise not to do something that you would have the right to do (in this case not filing a lawsuit)
<span>only when demand is inelastic.</span>