The equilibrium rent is $1600 while the equilibrium quantity is 6800
When quantity demanded is equal to the quantity supplied, the market is said to be in equilibrium. The price at this point is equilibrium price. The quantity at at this point is equilibrium quantity.
In order to determine equilibrium price, equate the quantity demanded and quantity supplied equation
QD = QS
10,000 – 2P = 2,000 + 3P
Combine similar terms
10,000 - 2,000 = 3P + 2P
8000 = 5P
P = $1600
Substitute for monthly rent in the quantity demanded equation
10,000 - 2(1600)
10,000 - 3200
Equilibrium quantity = 6,800
A similar question was solved here: brainly.com/question/14746196?referrer=searchResults
Consumer surplus is the difference between the highest price a consumer is willing to pay for a product and the price paid.
A consumer is someone or a group who intends to order, orders, or uses purchased goods, products, or services basically for private, social, family, household and comparable desires, not at once related to entrepreneurial or business sports.
Any individual who purchases services or products for his non-public use and no longer for manufacturing or resale is called a purchaser. A customer is one who's the selection-maker whether or now not to buy an object at the store or a person who is stimulated by using advertisement and advertising
Purchasers represent the top trophic levels. unlike manufacturers, they cannot make their own meals.
Learn more about Consumers here:brainly.com/question/380037
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Answer:
$150,300
Explanation:
The computation of the correct initial cash flow is shown below:
= Capital expenditure + net after taxes + initial investment in inventory
= $33,000 + $112,000 + $5,300
= $150,300
The net after taxes is also term as opportunity cost
And, the initial investment in inventory is also term as change in working capital
All other information which is given is not relevant. Hence, ignored it
Answer:
$459
Explanation:
Computation of the given data are as follows:
Tax rate = 30%
Income before taxes (FIFO method) = $21,330
So, tax amount = $21,330 × 30%
= $6,399
Income before taxes (LIFO method) = $19,800
So, tax amount = $19,800 × 30%
= $5,940
So, we can calculate the difference in taxes by using following formula:
Difference in Tax = $6,399 - $5,940
= $459
Answer:
Technology; recording; book keeping
Explanation:
If the organization comes with the latest technology or modern technology, so it reduces the time, cost, effort, of record keeping and at the same time it also improves the accuracy of the transactions
The recording of the business transactions are recorded in the journal by input, measures the transactions and events
And, while recording the business transactions and events manually or electronically is known as book keeping
