The correct answer is $45
Mark and Rasheed are at the bookstore buying new calculators for the semester. Mark is willing to pay $75 ( <em>$75 - $65 = </em><em>$10</em> ) and Rasheed is willing to pay $100 ( <em>$100 - $65 = </em><em>$35</em> ) for a graphing calculator. The price for a calculator at the bookstore is $65. Their total consumer surplus ( <em>$10 + $35 = $45</em> ) is $45
Holding the nonprice determinants of demand constant, a change in price would result in either a decrease in demand or an increase in demand.
An alternate in a nonprice determinant changes the relationship between rate and amount demanded, either increasing or reducing the amount demanded at every rate. on occasion referred to as non-very own-rate determinant. A boom or decrease in the amount demanded of an awesome, service, or resource at each fee.
The demand curve shifts horizontally. A surplus will arise in a market if: the quantity provided at a given rate exceeds the amount demanded at that rate.
Whilst a nonprice determinant of demand modifications calls for curve shifts, there may be a boom or lower in demand. when the rate of great adjustments, we move along the demand curve to a new factor on the curve, and there's a boom or lower in quantity demanded.
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Answer:
B. Promote infrastructure, community, and regional recovery following incidents.
Explanation:NIPP (NATIONAL INFRASTRUCTURES PROTECTION PLAN is a policy of the federal government of the United States of America,it is aimed at ensuring that funds received from the private sector are used to address certain identified critically important and most beneficial infrastructural challenges. This policy is directly connected with Federal agencies and Departments who take part in the infrastructure projects in the United States of America.
Answer:
Principal payment = $27,505.00
Explanation:
<em>Loan Amortization: A loan repayment method structured such that a series of equal periodic installments will be paid for certain number of periods to offset both the loan principal amount and the accrued interest.</em>
The principal repayment in year 1 = Annual payment - Interest payment in year 1
<em>Interest payment in year = Interest rate × Principal Amount</em>
=8% × 164,000
= $13,120.00
Principal payment = $40,635 - 13,120 = $27,505.00
Principal payment = $27,505.00
Answer:
Standard deviation =21.34
Explanation:
<em>Standard deviation is measure of the total risks of an investment. It measures the volatility in return of an investment as a result of both systematic and non-systematic risks. Non-systematic risk includes risk that are unique to a company like poor management, legal suit against the company .</em>
<em>Standard deviation is the sum of the squared deviation of the individual return from the mean return under different scenarios</em>
Expected return (r) = (13.6% × 0.33 ) + (12.3% × 0.36) + (27%× 0.31)=17.3%
Outcome R (R- r )^2 P×(R- r )^2
Recession 13.6 13.6 4.5
Normal 12.3 24.9 8.9
Boom 27% 94.4 <u> 29.3
</u>
Total <u> 42.7
</u>
Standard deviation = √42.7 = 21.34
Standard deviation =21.34