Answer:
C saving
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Answer:
E. the income effect
Explanation:
Based on the scenario being described within the question it can be said that Rodi has observed the impact of the income effect on demand for his service. This effect describes the change in demand for a specific product or service that has been caused by the change in the consumer's purchasing power due to changes in that same customer's current income.
The price ceilings and price floors are the two main types of price controls.
<h3>What is
price controls?</h3>
A price control is a mechanism employed by government to ensure that the price of a product or service does not go to high or low in the marjet.
The two type of price control is price ceilings and price floors. The price ceiling is used to set a maximum amount of product rpice while the price floors set the minimum amount of product price.
Read more about price control
<em>brainly.com/question/16126608</em>
Answer:
- Net Present value = -$11,001
- Downtime reduction should be worth $11,001
Explanation:
Net Present value = Present value of cash inflows - Cost of machine
As the annual cash flows are constant, they will be treated as annuities:
Present value of cash flows = 30,000 * Present value interest factor of annuity, 8 years, 8%
= 30,000 * 5.7466
= $172,398
Net present value = 172,398 - 183,399
= -$11,001
<em>Reduction in downtime should be worth at least $11,001 so that it would enable the project to breakeven at least. </em>
Answer: Higher taxes than in past years
Explanation:
From the question, we are told that about 28% of Cashland's citizens under the age of 65 are without healthcare and an advocacy group convinces its current administration to vote for basic healthcare for everyone.
Based on the above statement, the most likely thing that will occur will be an increase in taxes than previous years. Since the advocacy group convinces its current administration to vote for basic healthcare for everyone, the government will look for a way to generate money that will be used in tp build hospitals and also settle the hospital workers wages or salaries and hence the government will raise the tax in order to meet its need and construct the hospital.