Answer:
Net assets of smith family = $167,000
Explanation:
Given:
Net worth of smith family = $100,000
Net liabilities of smith family = $67,000
Find:
Net assets of smith family
Computation:
Net assets = Net worth + Net liabilities
Net assets of smith family = Net worth of smith family + Net liabilities of smith family
Net assets of smith family = $100,000 + $67,000
Net assets of smith family = $167,000
Answer:
political risk.
Explanation:
political risk: This is risk or changes in government policy that adversely affect the fortune of companies operating in a country. Since Italian government expropriated the company paid only €80,000 as again €125,000 that the company worth. The company has suffered political risk.
Exchange rate risk or currency risk: It is a risk arising from frequent changes in exchange rate or amount in which a country's currency can be exchange for another currency. Since exchange rate remain the same i.e. $1.25 = €1.00, exchange rate risk did not occurred.
Answer:
The utility received from consuming one unit of a good
Explanation:
Marginal utility refers to the additional satisfaction that a consumer will obtain from consuming additional units of goods or services.
Marginal utility is utilized by economists to identify and check how much of a particular item a consumer is willing and ready to buy.
Marginal utility is calculated as:
change in total utility/ change in the number of goods consumed.
Answer:
The company should print the 3,000 units of Tennessee as they will yield a gain for 3,000 dollars.
Because it faces economies of scale it should sale for as much as it can from a given pattern
Explanation:
Profit: revenue - variable cost - fixed cost
Profit = 15*Q - 8*Q - 18,000
Profit = 7Q- 18,000
3,000 Tennessee shirts x $7 contribution per shirt - 18,000 setup cost
profit: 21,000 - 18,000 = 3,000
Profit maximization: Marginal revenue = marginal cost
Total Revenue: 15 x Q
dTR' /dQ = 15
dTR''/dQ = 0
cost function: 18,000 + 7Q
dC'/dQ = 7
dC''/dQ = 0
Sport Tee faces a economie of scale their cost do not increase over time. Sport Tee should sale as many shirt as it possible can
