Answer:
The answer is: B) equals the quantity supplied.
Explanation:
For all products and services; the equilibrium price is always the price where the quantity supplied of a product or service (in this case apartments offered for rent) is equal to the quantity demanded of that product or service (in this case apartments demanded for rent).
GDP refers to the total value of goods and services produced by resident and non-resident during a year in a country.
<h3>What is GDP?</h3>
Gross Domestic Product refer to the gross value (in terms of money) of finished goods and services produced in a country within a year by resident and non-resident in domestic territory of the country.
The above option I and II describes the factors considered for calculation of GDP, i.e. Goods produced by citizens as well as non-resident within a country.
Therefore, option c aptly describes the factors considered for calculating GDP.
Learn more about GDP here:
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In developed countries, at 40 years of age individuals typically become grandparents.
<h3>What are developed countries?</h3>
A sovereign state that is considered to have a developed economy, a high standard of living, and advanced technological infrastructure is referred to as a developed country.
A developed country, often known as an industrialized country, has a sophisticated economy that is typically gauged by average income per person and/or gross domestic product (GDP). Developed nations have diverse industrial and service sectors as well as cutting-edge technology infrastructure.
The term "developed countries" often refers to wealthy nations, excluding Middle Eastern nations and certain other minor nations. Limitations:
(i) It only addresses the economic element while ignoring issues like peace, health, the environment, lifespan, education, etc.
(ii) The method does not show us how the income is distributed.
To learn more about developed countries refer to:
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Answer:
Depreciation for year 3 = $115518
BV = $57798
Explanation:
The modified accelerated cost recovery method employees a classification-based approach to depreciating certain assets, once classified are assigned respective rates of depreciation. for example, assets classified under automobiles, trucks and machinery are treated under 5-year MACRS and will be depreciated at 20%, 32%, 19.2% and so on.
In this question the bridge across Rio Grande being built by Del Norte Brick co is treated under 3-year MACRS, for which the rates are as follows:
33.33% for the first year
44.45% 2nd year
14.81% 3rd year
7.41% 4th year
We have been asked to determine 3rd years' depreciation and book value, determined as follows:
Depreciation year 1: $780000 33.33% = $259974
Depreciation year 2: $780000 44.45% = $346710
Depreciation year 3: $780000 14.81% = $115518
So the depreciation for year 3 = $115518
The book value is calculated as follows:
<em>Book value = cost - accumulated depreciation</em>
BV = $780000 - $722202
BV = $57798
Allison is in evaluating decision making process
Explanation:
Decisions are made through the certainty of action, data collection and the assessment of possible resolutions.
The final phase in the systematic decision-making process is assessment. Evaluating results will lead to learning lessons that will enhance the decision-making skills.
Allison is in the final step of her choice in this decision-making case. Because her future as an airline pilot has already been determined, and she has agreed to go to airline pilot research and training programmes.
