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3 years ago

8

what is the government-regulated distribution of a good that is in low supply. A. Surplus B. Shortage C. Rationing D. Price floo

r

2 answers:

pshichka [43]3 years ago

5 0

C. rationing is the regulation of goods

andrew11 [14]3 years ago

4 0

I want to say it's C.)

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You pay $75 for a ticket to a Drake concert. You think the ticket is worth $100. The night before the concert your friend offers

lukranit [14]

Answer: $80

Explanation:

The opportunity cost is regarded as the real cost of the alternative that was left or forgone.

Based on the information given in the question, the opportunity cost is the free ticket to a Post Malone concert that is worth $80 which was given to me by my friend.

Therefore, the correct option is E.

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3 years ago

Rubbermaid Plastics plans to purchase a rectilinear robot for pulling parts from an injection molding machine. Because of the ro

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Answer:

The present worth of the cost savings if the company uses an interest rate of 15% per year on such investments is $442108.5079.

Explanation:

Present Worth = $100,000/(1 + 15%) + $100,000/(1 + 15%)^2 + $100,000/(1 + 15%)^3 + $200,000/(1 + 15%)^4 + $200,000/(1 + 15%)^5

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Therefore, the present worth of the cost savings if the company uses an interest rate of 15% per year on such investments is $442108.5079.

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3 years ago

Suppose the local market for legal services has an upward sloping supply curve, PL = 150 +0.0001QL where PL is the price of lega

Margaret [11]

Answer:

C) $50,000,000

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The aggregate rent is the surplus earned by the lawyers for operating over their cost at this market equilibrium.

In the picture attached, the rent is showed graphically.

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The oportunity cost at a zero hours level is PL(0)=$150.

The rent can be calculated as:

$Rent=\frac{QL_{equil} x (PL_{equil}-PL_0)}{2}\\\\\\Rent=\frac{1,000,000*(250-150)}{2}= \frac{1,000,000*(100)}{2}=50,000,000$

The aggregate rent is $50,000,000.

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3 years ago

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This is a short and direct template I used to get my job, and it works pretty well.

Explanation:

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3 years ago

Mmaglaya1 It says that I have to write at least 20 letters

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hmmm...let me see......oh....free free free....free free....um...free?

hope that helps

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3 years ago