Answer:
Opportunity cost 900,000
Explanation:
The opportunity cost is the cost of the best alternative rejected, in order to do the pcurrent porohect.
The student, if picked to return on collegue, the opportunity cost will be the rejected baseball team or the rejected football team.
In this case, given two alternatives:
one for 20,000
and one for 900,000
the opportunity cost will be of 900,000 as is the best alternative
The opportunity cost for return to college will use this cost.
Answer:
4.6%
Explanation:
The computation is shown below:
= (Interest on assets - Interest on liabilities) ÷ (Total earning assets)
where,
Interest on assets = (8% + 2% × $700) + 8% × $300
= $70 + $24
= $94
Now the interest on liabilities equal to
= 5% × 400 + (5% + 2% × 400)
= $20 + $28
= $48
So, the net interest margin equal to
= ($94 - $48) ÷ ($1,000)
= 4.6%
The National Labor Relations Board is an independent federal agency created in 1935 by Congress to administer the National Labor Relations Act, the basic law governing relations between labor unions and the employers whose operations influence interstate commerce
Answer:
a. 5.819 million
b. $709918
Explanation:
Below is the calculation:
a. Total number of adult population = 253 million
Total employed adult = 253 x 59.7% = 151.041
Number of employed adult after increase in employment rate = 253 x 62% = 156.86
More people would be working = 156.86 - 151.041 = 5.819 million
b. GDP per capita is $122,000, so increase in GDP = 5.819 x 122000
Increase in GDP = $709918
Answer:
B. the passage of time.
Explanation:
Price elasticity of supply measures how sensitive quantity supplied are to changes in price.
Price elasticity of supply is determined by the passage of time.
Typically, in the short run, the elasticity of supply is usually inelastic. Prices do not usually impact quantity supplied because in the short run, some of the factors of production are fixed. But in the long run, the price elasticity of supply are more elastic.
The other factors listed above in the options affect the price elasticity of demand.
