Answer:
It would be bettter to make an agreement with the car dealer for the 32,000 in 4 years.
Explanation:
We will y comparing the value of the loan in 4 years;¿ with the 32,000 in for years option:
Principal $ 29,000.00
time 4 years
rate 3% = 3/100 = 0.030
Amount $ 32,639.76
Which is higher than the 32,000 option. Therefore, the loan option is more expensive than the financing through the car dealer.
It is a better option to make deal with the car seller.
Answer:
Increase in government purchases will have a larger impact om real gross domestic.products.
Explanation:
Consumers' behaviors are unpredictable and they also have a choice between spending the increase in their disposable income due to the decrease in personal taxes and saving.
Consumers can choose to save this increase rather than spending it. And when it is saved it has little impact real gross domestic product.
Whereas if it is government, increase government purchases has direct impact on real gross domestic product. Its multiplier's effect is larger than that of the consumers'
Answer:
Seven
Explanation:
The correct answer to the given question is 7. The comedy club has a monopoly that is why the entrants are price discriminated and the maximum willingness to pay is charged by each customer. However the data shows that seven customers are willing to pay different prices for the entry to the comedy club. So the correct answer is 7 tickets which can be sold when price discriminating.
Answer:
The total cost will be the same after 0.5 months.
The total cost for each club will be $40.5.
Explanation:
let x be the number of months
let y be the total cost
For club A: y = $23x + $29
For club B: y = $27x + $27
the total cost will be equal after:
$23x + $29 = $27x + $27
$27 - $23 = $29 - $27
$4x = $2
x = 0.5 months
Therefore, the total cost will be the same after 0.5 months.
the total cost will be = $23(0.5) + $29 = $40.5
Therefore, the total cost for each club will be $40.5.
Answer:
Bread and butter are complimentary goods if the price of butter is increased then the demand for butter will decrease and since bread and butter are used together when the demand of one good is decreased, the demand of the other good will also be decreased and the price of bread will decrease.
Because of this demand curve will shift downward towards the left along with the supply curve.
If the price of flour is decreased it will decrease the price of the bread and the demand of the bread will be increased but again when bread and butter are to be used together then as the demand of butter is decreased then the demand of the bread will also be decreased and at the end the equilibrium price of the bread will decrease.