Answer:
Equilibrium price and quantity
$6.44 and 6768
Consumer surplus
$571,081
Producer Surplus
$5,288
Explanation:
In this question, we are asked to calculate equilibrium price and quantity, consumer surplus and producer surplus.
Please check attachment for complete solution and step by step explanation
Answer:
R = 7% x $1,000 = $70
Po= R/2(1-(1+Kd/m)-nm/Kd/m + FV/(1+Kd/m)nm
Po = 70/2(1-(1+0.0682/2)-13.5x2/0.0682/2 + 1,000/(1+0.0682/2)13.5x2
Po = 35(1-(1+0.0341)-27/0.0341 + 1000/(1+0.0341)27
Po = 35(17.4663) + 1,000/2.4728
Po = $611.3205 + $404.40
Po = $1,015.72
The correct answer is C
Explanation:
The current price of a bond is equal to present value of coupon plus the present value of face value of the bond. The bond pays semi-annual interest, thus, we will divide the coupon by 2 and then determine the present value. The bond yield will also be divided by 2.
Po = Current price of the bond, R = Coupon, Kd = Bond yield, FV = Face value, n = Bond maturity and m = No of times coupon is paid in a year
Answer:
D is the answer ( The demand for a resources is derived from the demand for what it can produce.)
Explanation:
Answer:
The 14th worker will need to increase sales by 20 pounds for a total of 390 pounds
Explanation:
The worker cost is $80
To make a profit the company will need sales for at least that amount:
$80 wages per day / $4 earnings per pound = 20 pounds
in total sales would need to be 370 + 20 = 390 pounds
The idea that people like to save more money at higher interest rates and do not like saving as much money at lower interest rates results in a upward sloping supply curve in the loanable funds market.
Interest is charge from a borrower or deposit-taking monetary institution to a lender or depositor of an amount above repayment of the principal sum, at a particular rate. it is wonderful from a rate which the borrower may additionally pay the lender or some 1/3 birthday party.
Interest is the rate you pay to borrow cash or the price you rate to lend cash. interest is most usually reflected as an annual percentage of the amount of a loan. This percent is called the hobby fee on the mortgage.
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