Answer:
Option (b) is correct.
Explanation:
The total surplus is defined as the sum total of producer surplus and consumers surplus. Total surplus with a tax is defined as the combined total of producers and consumers surplus and tax revenue that is earned by the government of a particular nation.
Consumers surplus = Willingness to pay for the product - Actual amount paid for the product
Producers surplus = Actual amount received for the product - Willingness to accept for the product
Answer:
In finance and accounting, capital generally refers to financial wealth, especially that used to start or maintain a business. ... In classical economics, capital is one of the four factors of production. The others are land, labor and organization
Answer:
Lil Tjay and the song F.N or Mood Swings
Explanation:
Answer:
An office
Explanation:
an office is the best option on this list.
Answer:
C. $1,000
Explanation:
The computation amount is shown below:-
Interest rate per period = Interest rate per annum ÷ Number of compounding per annum
= $8.00 ÷ 1
= 8%
Number of periods = Number of years × Number of compounding per annum
= 21 × 1
= 21
Present value = Future value × (1 ÷ (1 + rate of interest)^number of years)
= $5033.83 × (1 ÷ (1 + 8%)^21)
= $5033.83 × (1 ÷ (1.08)^21
= $5033.83 × (1 ÷ 5.033833715
)
= $5033.83 × 0.198655748
= 0.999999262
= $1,000
Therefore for computing the present value we simply applied the above formula.
