Answer:
The correct answer is letter "D": Price will increase, and quantity will increase.
Explanation:
If a natural disaster cuts the supply for water in a region, bottled water will face an <em>increase in its quantity demanded</em> as a substitute. Besides, due to scarcity, the bottled water is likely to face an increase in its price, thus, the <em>equilibrium price of bottled water increases</em>.
Answer:
Poornima's wage is $14.00 per hour in 2013. Nominal
Poornima's wage is 2 paperback novels per hour in 2013. Real
The price of a donut is $2.00 in 2013. Nominal
Explanation:
A nominal value of a variable is the value of an economic variable in terms of the price level at the time of its measurement; or, unadjusted for price movements.
Real: The value of an economic variable adjusted for price movements.
Poornima's wage is $14.00 per hour in 2013. Nominal
Poornima's wage is 2 paperback novels per hour in 2013. Real
The price of a donut is $2.00 in 2013. Nominal
Answer:
Net Present Value = $59,632.78
Explanation:
<em>The net present value NPV) of a project is the present value of cash inflow less the present value of cash outflow of the project.
</em>
<em>NPV = PV of cash inflow - PV of cash outflow
</em>
Present value of cash inflow:
65,000 × (1.09375)^(-1) + 98000
×(1.09375)^(-2)+ 126,000
×(1.09375)^(-3)+ 132,000 × (1.09375)^(-4)= 326882.7792
PV of annual maintenance cost :
=1,500 × (1- 1.09375^(-4))/0.09375
=4819.84773
NPV = 26882.7792 - 4819.84773
- (255,000+12250)
= 59,632.78
Answer:
$61,390
Explanation:
Calculation to determine What does Engler record as the cost of the new truck
Using this formula
Cost of new truck=Purchase price+Sales tax, painting +Logo on the side of the truck +Safety testing +Tune up and oil change
Let plug in the formula
Cost of new truck=$55,000 + $4,000 + $1,600 + $290 +$500
Cost of new truck= $61,390
Therefore what Engler will record as the cost of the new truck is $61,390
<span>Description of this experiment: This type of experiment would be deemed as completely randomized, as the subjects are chosen at random to watch the commercial. The subjects are 15 children under 10 years old. The different factors in this experiment are the commercials, as well as the 3 levels of products (types). The response in this experiment would be the children's attention span.</span>
