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mart [117]
3 years ago
11

If a family spends its entire budget in a given time frame, the family can afford either 90 cans of soup or 60 frozen dinners. A

ssuming the family spends its entire budget on just these two goods, what is the opportunity cost of one extra can of soup in the time frame? (Round your answer to two decimal places.)
Business
1 answer:
g100num [7]3 years ago
8 0

Answer:

0.67

Explanation:

Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.

If the family buys one can of soup, the opportunity cost is the frozen food forgone.

Opportunity cost of one can of soup = 60 / 90 = 0.67

I hope my answer helps you

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Chris purchased a 10 year 100 par value bond where 6% coupons are paid semiannually. Cheryl purchased a 100 par value bond where
WITCHER [35]

Answer:

Chris paid $109.68 for his bond. Since he paid a premium for the bond, the YTM is lower than the coupon rate.

Explanation:

yield of Cheryl's bond is 6% since she purchased it at par and the bond's coupon is 6%

if Chris's bond yields 80% of Cheryl's, it will yield 6% x 0.8 = 4.8%

we can use the approximate yield to maturity formula to find the market price of Chris's bond:

2.4%(semiannual) = {3 + [(100 - MV)/20]} / [(100 + MV)/2]

0.024 x [(100 + MV)/2] = 3 + [(100 - MV)/20]

0.024 x (50 + 0.5MV) = 3 + 5 - 0.05MV

1.2 + 0.012MV = 8 - 0.05MV

0.062MV = 6.8

MV = 6.8 / 0.062 = 109.68

8 0
2 years ago
Money provided by a third party to help students meet the costs of attending college. It can be provided by various agencies inc
artcher [175]

Answer:

Financial aid.

Explanation:

For American citizens, the dream is of going into higher education. but the tuition cost is very expensive as not everyone can offered such expensive fees for enrolling into a course. The different course has different fees. For supporting the people in their financials, many organizations like public, state, financial institutions help them.

So here in the given scenario, the financial aid is the best option fitted.

7 0
3 years ago
g Crowding out may occur when fiscal policy involves Question 28 options: A) either increases in government purchases or tax cut
aniked [119]

Answer: D. increases in government purchases.

Explanation:

Crowding out may occur simply due to expansionary fiscal policy that is, a situation wherby the government wants to increase the money in circulation and also increase its expenditure. This can lead to the government borrowing funds.

Crowding out may occur when fiscal policy involves increases in government purchases. This borrowing in turn, affects the money that will be available to the private investors as there'll be lesser funds for them.

4 0
2 years ago
Multiple Choice Question 38 Vaughn, Inc. has 1000 shares of 5%, $10 par value, cumulative preferred stock and 63000 shares of $1
mart [117]

Answer:

$0.5 per share

Explanation:

Preference Share Capital = 1000 shares * $10 = 10,000

Annual Dividend in Total = 10000*5% = $500

Annual Dividend Per Share = $500/1000 = $0.5 per share

4 0
2 years ago
Jory wants to create a diagram to compare and contrast the qualifications of the three Energy pathways. Which qualifications cou
Sedbober [7]

Answer:

answer is the first one

Explanation:

I think

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2 years ago
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