Answer:
The correct answer is letter "C": both costs and revenues may be analyzed.
Explanation:
Incremental analysis studies two options from where only one is to be selected. It is a helpful tool that allows allocating limited resources efficiently. It is mostly implemented to find out which alternative provides the greater yield producing at the lowest cost. Incremental analysis does not consider sunk or past costs.
Therefore, <em>incremental analysis may study both costs and revenues between two options.</em>
Answer:
The correct answer is no immediate effect..
Explanation:
The impact of the minimum price on the functioning of the market will depend on whether said price is below or above the equilibrium price (the price at which the market would freely tend if there were no public intervention).
If the minimum price is below the equilibrium price it has no impact since the market will naturally be above said minimum price.
On the other hand, if the minimum price is higher than the equilibrium price, this ceiling will prevent the market from reaching its equilibrium point. The price will be at said minimum level where the quantity supplied will be greater than the quantity demanded, which will cause an excess supply that will remain unsold.
If the maximum price is above the equilibrium price it will not have any impact since the market will naturally tend to be below this maximum limit.
If, on the contrary, the maximum price is lower than the equilibrium price, then this limit will prevent the market from reaching equilibrium. The price will be at the maximum limit where the quantity supplied will be less than the quantity demanded. This will cause excess demand, so part of it will remain unmet.
Answer:
x = 993.32
Explanation:
Given:
p=10+5ln(3x+1) , where p = $50
50 = 10 + 5ln(3x+1)
50-10 = 5ln(3x+1)
40 = 5ln(3x+1)
40/5 = ln(3x+1)
8 = ln(3x+1)
3x + 1 = 
Using calculator = 2,980.96
3x + 1 = 2,980.96
3x = 2,980.96 - 1
3x = 2,979.96
x = 2,979.96 / 3
x = 993.32
Therefore, 993.32 units would be supplied.
Answer:
-2, 4 and -8
Explanation:
Given the nth term of a GP expressed as;
When n = 1
when n = 2
when n = 3
Hence the first three terms of the sequence are -2, 4 and -8
Answer:
The right answer is $50,000
Explanation:
Simply put, adjusted basis is the cost of an object after factors that affects the cost has being considered. These factors usually include taxes, depreciation value and any other cost incurred in getting and retaining the said object. Adjusted basis is important so as to know the right amount to sell.
Adjusted basis increases when an individual factors the cost incurred from taxes and maintenance ad it reduces when he/she factors in depreciation.
In the case of Koch, he already exchanged his machine for another at $50,000, as far as he is concerned at that moment, the adjusted basis is $50,000 because it was exchanged in a fair market.
