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Troyanec [42]
3 years ago
14

Economic models: A. are of limited use because they cannot be tested empirically. B. are limited to variables that are directly

related to one another. C. emphasize basic economic relationships by purposefully simplifying the complexities of the real world. D. are unrealistic and therefore of no practical consequence.
Business
1 answer:
Mamont248 [21]3 years ago
6 0

Answer:

C. emphasize basic economic relationships by purposefully simplifying the complexities of the real world.

Explanation:

You might be interested in
) A company determines that its marginal revenue per day is given by R'(t) = 100et , R(0) = 0, where R(t) = the revenue, in doll
Vika [28.1K]

Answer:

$14038

Explanation:

The company has marginal revenue R'(t) = 100e^t. Therefore its revenue R(t) is given as;

R(t) = ∫R'(t)

R(t)= ∫ 100e^t dt =  100e^t + c

R(t) =  100e^t + c

But R(0) = 0, therefore:

R(0) =  100e^0 + c = 0

100e^0 + c = 0

100 + c =0

c = -100

Also the marginal cost per day is given by C'(t) = 140 - 0.3t

C'(t) = 140 - 0.3t

C(t) = ∫C(t) = ∫ (140 - 0.3t) dt = 140t - (0.3/2) t² + C

But C(0) = 0

C(0) = 140 (0) - (0.3/2)(0)² + c = 0

c = 0

C(0) = 140t - (0.3/2) t²

Profit P(t) = R(T) - C(T) , hence the total profit from t = 0 to t = 5 is given as:

P(t) = \int\limits^0_5 {[R'(t)-C'(t)]} \, dt =\int\limits^0_5 {([100e^t-(140-0.3t)]} \, dt=\int\limits^0_5 {100e^t} \, dt  +\int\limits^0_5 {-0.3t} \, dt  +\int\limits^0_5 {-140} \, dt  \\\\=[100e^t]_0^5+[ -140t]_0^5+[-0.3t^2/2]_0^5=[14841.316-100]+[-700]+[-3.75]=14038

The profit is $14038

7 0
3 years ago
On November 1 of year 0, Jaxon borrowed $50,000 from Bucksnort Savings and Loan for use in his business. In December, Jaxon paid
Stels [109]

Answer:

a. $750

b. $750

Explanation:

The first thing to do is calculate the monthly interest as follows:

Monthly interest = Total interest ÷ 12 = $4,500 ÷ 12 = $375

The rent for two months in year 0 (November and December) = $375 × 2 = $750.

Prepaid expenses (January to October of year 1) = $4,500 - $750 = $3,750.

Decision:

Prepaid expenses is not deductible under either cash accounting method or accrual accounting method for tax purposes.

Therefore, Jaxon can deduct only $750 two months (November and December) relevant for year 0 under both cash accounting method and accrual accounting method.

The prepaid expenses of $3,750 is not deductible in year 0 but can only be deducted in year 1.

4 0
3 years ago
An alternative form of the accounting equation is:_______.
lana [24]

Answer:

d. Assets - Liabilities = Stockholders' Equity.

Explanation:

The principle of double entry booking rests upon the accounting equation.  the accounting equation states that (where correct and accurate accounting books are kept), the total asset of a corporation must equal the addition of the corporation's total liabilities and Stockholders' equity.

The following is the basic formula for accounting equation

                                   Assets = Liabilities + Stockholders' equity

Rearranging the above basic equation, we have the  alternative form of the accounting equation.

                                    Assets = Liabilities + Stockholders' equity

Subtract Stockholders' equity from both sides of the equation

Assets - Stockholders' equity = Liabilities + Stockholders' equity -  

                                                     Stockholders' equity

                  Assets - Liabilities =  Stockholders' equity

5 0
3 years ago
Tom has brought $150,000 from his pension to a new job where his employer will match
Naddik [55]
Does anybody else don’t have a ad on brianly
8 0
4 years ago
What is the meaning of assessment
finlep [7]

Answer:

the meaning of assessment is the evaluation or estimation of the nature, quality, or ability of someone or something. like your being tested on you knowledge of something, so you have a test.

Explanation:

8 0
3 years ago
Read 2 more answers
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