Answer:
Kyle Parker of Concord, New Hampshire, has been shopping for a new car for several weeks and gone for the dealer loan
Adjusted APR (dealer financing) = 12 [(95 x 60) + 9] (2500 + 649) / 12 x 60 (60 + 1) [(4 x 37000) + (2500 + 649)]
Adjusted APR (dealer financing) = 3.25%
Where:
Y = 12
F = 2500 rebate + 649 monthly payment
D = 38000 -1000=37000
P = 60
Since APR (dealer financing) < APR (bank loan), dealer financing is a better option.
Answer:
Total variable cost= 90,000
Total fixed costs= 8,000
Total costs= $98,000
Explanation:
Giving the following information:
Production of 15,000 units:
Fixed costs= $8,000
Total variable cost= $75,000
We have no reason to believe that the fixed costs will change. If 18,000 units remain in the relevant range, the fixed costs are constant.
<u>We need to calculate the unitary variable cost:</u>
Unitary variable cost= 75,000/15,000= $5
Now, for 18,000 units:
Total variable cost= 5*18,000= 90,000
Total fixed costs= 8,000
Total costs= $98,000
That is False because a editor edits things.
Answer:
diminishing marginal utility.
Explanation:
The term diminishing marginal utility is used to describe the common pattern whereby each marginal unit of a consumed good provides less of an addition to utility than the previous unit.
In Economics, The law of diminishing marginal utility states that as the unit of a good or service consumed by an individual increases, the additional satisfaction he or she derives from consuming additional units would start decreasing or diminishing as the units of good or service consumed increases.
<em>For example, buying a chocolate bar and eating it may satisfy your cravings but eating another one wouldn't give you as much satisfaction as the first due to diminishing marginal utility. </em>
Answer:
so that way you don't stick out and people start wanting to hang out with you because you look cool
Explanation:
