The opportunity cost of the third bicycle is 20 tents.
What is opportunity cost?
The value or advantage forfeited by engaging in a specific activity in comparison to engaging in an alternative activity is known as the opportunity cost of that activity. Simply put, it means that if you choose one activity, you forfeit the chance to do another.
Therefore,
The opportunity cost of the third bicycle is 20 tents.
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The lines 8z & 24z in Schedule 1 (Form 1040) are used to report <u>other Income and adjustments</u> that do not have their own designated line.
<h3>What is
Form 1040?</h3>
The Form 1040 is a tax document used by taxpayers to file an annual income tax return.
In the schedule form 1040, the line 8 report other incomes like:
- net operating loss
- gambling income
- cancellation of debt
- jury duty
- pay prize
In the schedule form 1040, the line 24 report other adjustments like:
- housing deduction
- attorney fees etc
In conclusion, the lines 8z & 24z in Schedule 1 (Form 1040) are used to report <u>other Income and adjustments</u> that do not have their own designated line.
Read more about Form 1040
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Answer:
What was the rate of return to an investor in the fund?
10%
Explanation:
To calculate the Rate of Return it's necessary to find the variation of the Net Assets Value during the year plus the distributions of income, the result of this it's divided by the Start of Year Net Asset Value.
Rate of Return = (Var NAV + Distributions) / Start of Year NAV
Rate of Return =
($13,2 - $14,0) = -$0,80
+ Distributions = $2,2 /
Start of Year NAV = $14,0
Rate of Return = (-$0,80 + $ 2,2 ) / $14,0 = 10%
Answer:
the difference between the price that sellers receive and the price that buyers pay, resulting from a subsidy government cheese.
Explanation:
In Economics, subsidy can be defined as the amount of money or benefits such as tax reduction given by the government to sellers in order to sustain production and enable the buy to continuously purchase the product.
A subsidy wedge can be defined as the difference between the price that sellers receive and the price that buyers pay, resulting from a subsidy government cheese.
The term that refers to the functions used to move products through the channel to the customer is distribution
