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inessss [21]
3 years ago
9

Government inputs, especially the 1825 Erie Canal and subsequent projects like the Chesapeake and Ohio Canal, created an economi

c advantage for the Northern states because the expense and time of moving freight dropped radically.a False, because any taxation whatsoever destroys economic growth.b False, because the South would never have raised the revenue for any taxpayer-funded improvements, so it's a false comparison.c True, but irrelevant, as agricultural commodities mainly rotted in the field until refrigeration was invented in the 1890s.d True.
Business
1 answer:
QveST [7]3 years ago
5 0

Answer:

The statement that “Government inputs, especially the 1825 Erie Canal and subsequent projects like the Chesapeake and Ohio Canal, created an economic advantage for the Northern states because the expense and time of moving freight dropped radically,” is True.

Explanation:

This is on the grounds that tax collection doesn't devastate the economy. Actually, they give income to the administration through which the legislature can back its improvement and government assistance ventures. In addition, burdens additionally fill in as an arrangement of salary re-conveyance for accomplishing higher fairness in an economy. What's more, in antiquated occasions refrigeration was finished utilizing ice-houses and so on.

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Max Company uses 20,000 units of Part A in producing its products. A supplier offers to make Part A for $7. Max Company has rele
Vadim26 [7]

Answer:

$20,000

Explanation:

Max company makes use of 20,000 units of part A to manufacture its product

A supplier offers to produce part A for $7

Max company has relevant costs to $8 per unit to produce part A

Therefore, the opportunity cost of not buying part A from the supplier can be calculated as follows

Opportunity cost= 20,000 units of part A($8-$7)

= 20,000 units×$1

= 20,000×$1

= $20,000

Hence the opportunity cost of not buying part A from the supplier when there is excess capacity is $20,000

6 0
3 years ago
24. You have saved $4,000 for a down payment on a new car. The largest monthly payment you can afford is $350. The loan will hav
polet [3.4K]

Answer:

The most expensive car can be afforded is = $17290.89

Explanation:

The down payment of a new car = $4000

The mothly payment (annuity ) = $350

Interest rate on the rate = 12% = 12% / 12 per month.

Now we have to calculate the most expensive car that can be afforded with the finance time of 48 months.  

Below is the calculation:

Present \  value = annuity \times \left [ \frac{1-(1+r)^{-n}}{r} \right ] \\= 350 \times \left [ \frac{1-(1+ 0.01)^{-48}}{0.01} \right ] \\= 13290.89 \\

\text{Total value of car}  = savings +  present \ value \\=  4000 + 13290.89 \\= 17290.89

7 0
3 years ago
You have been offered a project paying​ $300 at the beginning of each year for the next 20 years. What is the maximum amount of
Vitek1552 [10]

Answer:

The project is worth $2,738.57.

Explanation:

Giving the following information:

You have been offered a project paying​ $300 at the beginning of each year for the next 20 years. The rate of return is 9%.

To calculate the present value, first, we need to calculate the final value:

FV= {A*[(1+i)^n-1]}/i

A= annual pay= 300

n= 20

i= 0.09

FV= {300*[(1.09^20)-1]}/0.09

FV= $15,348.06

Now, we can calculate the present value:

PV= FV/(1+i)^n

PV= 15,348.06/1.09^20= $2,738.57

8 0
3 years ago
Suppose someone offered to sell you a note calling for the payment of $1,000 15 months from today. They offer to sell it to you
Dima020 [189]

Answer:

1. The future value = 1000

Now we are to calculate the future value of bank savings

= 850x(1+0.07)^15/12

= 850x1.07^1.25

=$925.0147

So it is better to buy note.

2. Present value = 1000/(1.07^15/12)

= 1000/1.08825252622

= $918.9

For one to get same amount of money then savings would have to be increased. So we choose note

3. EAR = EFF%

= 1000/(850^12/15)-1

= 13.88%

We have EAR on bank as 7% and that of note as 13.88%. note is higher so we choose note

3 0
3 years ago
Bing engaged Dill to perform personal services for $2,200 a month for a period of four months. The contract was entered into ora
Maurinko [17]

Answer:

Bing can immediately sue for breach of contract

Explanation:

Based on the scenario that is being described, Bing can immediately sue for breach of contract. Breaching a contract is when one party in a binding agreement fails to deliver according to the terms of the agreement. When Dill made an anticipatory repudiation, he basically stated that he does not intend to live up to the obligations of the contract that he had agreed to, therefore breaching the contract and becoming liable.

4 0
3 years ago
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