Answer: $21291.6
Explanation:
The equivalent annual worth of the savings will be calculated thus:
Annual cost savings in year 1 = $15000
Increase in annual cost savings = $3000
Project period = 6 years
Interest rate = 15%
Annual worth of savings = A + G(A/G, 15%, 6)
= 15000 + 3000(15,000/3000, 5%, 6)
= 15000 + 3000(5000, 0.15, 6)
= 15000 + 3000(2.0972)
= 15000 + 6291.6
= 21291.6
Therefore, the annual worth of savings will be $21291.6
Answer:
B. 1) Karena and 2) Nathan, if Nathan has looked for work during the previous four weeks
Explanation:
Both Karena and Nathan are counted as unemployed according to the U.S labor force statistics.
Unemployment refers to the inability of a willing and able Individual who falls in the labor force category of a country to get a suitable job.
The labor force age group of countries differ from each other but it is usually between the age of 18-65 years.
Unemployment is a situation in which a person who is willing to work coupled and has ability(phycal, emotional) to work does not get a job.
There are different types of unemployment which includes:
1. Structural unemployment
2. Cyclical unemployment
3. Seasonal unemployment
4. Frictional unemployment
5. Underemployment
Answer:
The correct answer is letter "B": False.
Explanation:
Deadweight Loss is a term used in economics that explains the loss to society as a result of market inefficiencies. When supply and demand are out of equilibrium, markets are inefficient. Often, government policies can cause deadweight loss.
Taxes generate deadweight loss because the total price of a product, which includes tax, may be higher than the price that customers are willing to pay. <em>Thus, a tax on goods with elastic demand is likely to create more deadweight loss that taxes on foods with regular demand.</em>
Answer:
B. a decrease of $30,000
Explanation:
The computation of company’s overall profit is shown below:-
To continue = Contribution margin - Fixed cost
= $65,000 - $70,000
Loss = $5,000
To Discontinue = Unavoidable fixed cost ÷ 2
= $70,000 ÷ 2
= $35,000
So, Net Loss = To continue (Loss) - To Discontinue
= $5,000 - $35,000
= $30,000
Therefore there is a decrease of $30,000
Answer:
The correct option is D
Explanation:
Monopolist is a company, individual or a group which controls or regulates all the market for a specific good or service. They have little scope to improve their product as customers will have no alternatives available.
Source of market power they have a copyright or patent, control critical resources, enjoy economies of scale and have the government authorized franchise.
