Answer:
1. True
Explanation:
Marginal rate of substitution is quantity of good which a consumer will need to have in order to leave another good. The MRS equals to Px/Py. This will decrease when the demand curve decreases.
Answer:
Market- value Balance sheet
ASSETS
NON-CURRENT ASSETS $37,628
CURRENT ASSETS $11,274
TOTAL ASSETS $48,908
EQUITY AND LIABILITIES
EQUITY (316.6*$103.39)=32,733.274 $32,733
LIABILITIES
NON-CURRENT $10,419
CURRENT LIABILITIES $5,750
TOTAL EQUITY AND LIABILITIES $48,908
Explanation:
b) Assets are extra by ($37,628.274 - $22,293) =$15335.27
Answer:
Option D is correct ($9,800)
Explanation:
Option D is correct ($9,800)
Given:
Shares Purchased of XYZ common stock= 700 shares
Margin at which shares are purchased= $40
Initial Margin= 65%
Required:
Amount you borrowed from the broker=?
Solution:
Amount you borrowed from the broker= Shares*Margin at which shares are purchased* (1-Initial Margin)
Amount you borrowed from the broker= 700*$40*(1-0.65)
Amount you borrowed from the broker= $9,800
Answer:
C. A federal system makes the government serve its citizens better because it allows for the existence of sub-units that have significant power.
Explanation:
A normative statement is a kind of statement which offers, the betterment, as includes a suggestion in the statement.
It is not descriptive statement, as it does not include any facts.
A descriptive statement states the facts and analyses the situations accordingly.
This statement is descriptive as rest above statements a and b includes facts.
And the statement d does not provide any suggestion, whereas only statement c provides a suggestion for the system.
Thus, correct option is
Statement c
Answer:
$1,566
Explanation:
The computation of the amount that should be appear after the Dec 31 adjustment is shown below:
But before that monthly amount paid would be determined
= $2,088 ÷ 36 months
= $58
Now the remaining months is
= 36 months - 9 months
= 27 months
So, the amount that could appear is
= $58 × 27 months
= $1,566
hence, the amount should be $1,566