You don't have enough information to answer this question. You need to know how many of each of these Alexi and Tony can sell. Even though tacos bring in less revenue per unit, if the demand is great enough, tacos can still be the most profitable overall.
For example: Say they can sell 20 tacos per hour but only 2 cuban sandwiches per hours. They would make $40 per hour in tacos but only $14.50 in sandwiches.
No, A "Normative economic statements are those statements that cannot be either proved or disproved with reference to facts."
However, "Positive economic statements are those statements which can be either proved or disproved with reference to facts."
Answer:
$9,233.
Explanation:
The balance of the loan after the 32th payment can be determined after constructing a loan amortization schedule for this car loan. To construct the amortization schedule, we need to first calculate the monthly instalments (PMT) as this is the missing parameter for our time value of money.
I am using a financial calculator here to calculate the monthly instalment :
PV = $25,000
P/YR = 12
I = 8%
N = 48 (years)
FV = $0
PMT = ?
Therefore, the monthly instalment PMT is $610.32.
But, we need the balance immediately after the 32th payment, so we construct an amortization schedule - now that we have all the parameters.
On a financial calculator enter 1 INPUT 32, SHIFT AMORT.
Pressing the equal sign gives the principle then interest and finally the balance of this loan after the 32th payment. The balance you should get if you follow this procedure carefully is $9,233.
Answer:
c) Having money left over after meeting your expenses
Explanation:
Surplus refers to having an excess of something. A surplus is when a person or a country has more of an item than they require.
From the choices provided, a surplus will be having money left over after meeting your expenses. This individual has more money than they need. The surplus amount is the remainder after meeting all the expenses. In business, excess money is saved or invested to generate more income. A country with surplus products exports to other countries.
Answer:
diagonal spread
Explanation:
Spread is basically a sale and purchase of a call. So here the the types of spreads determine the relationship between the strike price and the expiration dates of all options involved in the trade.
In this example investor has sold 1 ABC Jan 50 Call and has bought 1 ABC Apr 60 Call. This means he bought the option ABC with the longer expiration date and with a higher strike price and sold the option ABC with the near expiration date and the lower strike price. Here both the expiration and strike price are different. So this is an example of diagonal spread.
The option horizontal spread is incorrect because it is a spread that depicts the difference in expiration dates but strike price is the same. Here both the expiration and strike price are different.
The option straddle is incorrect because it is a spread in which both options have the same expiry date and same strike price. Here both the expiration and strike price are different.
The option dialogue spread is not a valid option too.
The option Combination is also suitable because this is an example of Combination and combinations include option spread trades such as vertical spreads, horizontal spreads, and diagonal spreads.
So the most suitable option is diagonal spread which is an example of Combination.
