The initial investment is the total amount spent or the amount of cash outflow.
The initial investment here is -
Proper cash flow amount = Cost of land (present cost of land) + Cost of Plant + Cost of Grading
Proper cash flow amount = $ 4,300,000 + $ 11,500,000 + $ 670,000
Proper cash flow amount = $ 16,470,000
The opportunity cost of choosing to live in a rural area instead of an urban area is the accessibility to greater choices which is in terms of entertainment, food, and shopping. Thus, statement B is correct.
<h3>What do you mean by opportunity cost?</h3>
In microeconomic theory, the opportunity cost of a particular activity alternative is the loss of price or advantage that could be incurred through engaging in that activity, relative to engaging in an alternative activity providing a better return in value or advantage.
The opportunity cost of choosing to live in a rural area instead of an urban area is the accessibility to greater choices in terms of entertainment, food, and shopping. Thus, statement B is correct.
Learn more about Opportunity cost here:
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Answer:
Correct option is C.
<u>If the economy is at full capacity, then the AS curve will be vertical</u>
Explanation:
The long-run aggregate supply curve is perfectly vertical, which reflects economists' belief that the changes in aggregate demand only cause a temporary change in an economy's total output. For the short-run aggregate supply, the quantity supplied increases as the price rises.
The full capacity AS curve is a long-run AS curved and it is vertical as the potential output level is denoted by it with the fully employed resources.
Answer:
$27,200
Explanation:
The adjusted basis is the value given to an asset (and used by the IRS) when you have to determine any capital gain or loss resulting from its sale. It should generally be the original cost of purchasing that asset.
Kevin's basis = (300 shares x $90 per share) + $200 in sales commission
Kevin's basis = $27,000 + $200 = $27,200
Hope This Helps! :D
