Answer:
will increase
Explanation:
Since both products are complements, a decrease in the price of one of them (in this case jelly) will increase the quantity demanded of both products, including the one whose price didn't change (peanut butter). An increase in the quantity demanded should increase the equilibrium price of peanut butter, which would result in an increase of supplier surplus.
<span>These two services are substitutes. The demand for one good has an effect on the demand for another good. In this case, the lowered price of the taxi fares will lead to a lowered price for the use of the limo rentals, all else held constant.</span>
Answer:
14518.41
Explanation:
We would determine the future value of the sisters investment and use it to determine the amount to be deposited by the other sister
The formula for calculating future value:
FV = P (1 + r) n
FV = Future value
P = Present value
R = interest rate
N = number of years
13500 (1.104)^10 = $36,309.85
$36,309.85 = a(1.096)^10
a = $36,309.85 / 2.500953
a = $14518.41
Answer: 1.95%
Explanation:
Your after-tax return can be calculated by the formula;
= return * ( 1 - tax rate)
= 2.6% * ( 1 - 25%)
= 1.95%
