Answer:
900 or 9 hundred
Explanation:
Given that :
the supply curve = P = 5 + 0.1Q
the Demand curve = P = 20 – 0.2Q
The relation of both above yields the equilibrium price and quantity .
SO;
5 + 0.1Q = 20 – 0.2Q
5 - 20 = -0.2Q - 0.1Q
-15 = -0.3Q
Q = -15/-0.3
Q = 50 hundreds of unit per day
Q = 5000 per day
So;
P = 5 + 0.1Q
P = 5 + 0.1 (50)
P = 5 + 5
P = $10
Therefore; the equilibrium price is $10
the equilibrium quantity is 5000
Similarly; the portable radio imposes $2.70 per day in noise costs on others.
∴ in order to deduce the social marginal cost curve ,w e need to shift the private marginal cost curve up by $2.70 for every unit.
Now; the social marginal cost curve will be ;
P = (5 + 2.7) + 0.1Q
P = 7.7 + 0.1Q
In order to determine the social optimum ; we relate the social marginal cost with demand curve as follows:
7.7 + 0.1Q = 20 - 0.2Q
0.1Q + 0.2Q = 20 - 7.7
0.3Q = 12.3
Q = 12.3/0.3
Q = 41 hundred unit per day
Q = 4100 per day
Recall :
P = 7.7 + 0.1Q
P = 7.7 + 0.1(41)
P = 7.7 + 4.1
P = $11.8
Finally; the equilibrium number of portable radios rented is 5000 - 4100 = 900 or 9 hundred
I think B by Offering recipients of unemployment insurance benefits a cash bonus if they find a new job within a specified number of weeks
Protective tariff is a tax on imported goods designed to prevent domestic companies from having to compete with foreign goods of lower or superior quality.
Answer:
True
Explanation:
INTERPERIOD EQUITY is a government's obligation for enterprise to disclose whether current-year revenues were sufficient to pay for current-year benefits, or was payments defer to future taxpayers. That is, interperiod equity refers to whether the revenues gotten in the current-year are sufficient enough to pay for the services provided that same year.
Answer: $1,193,838.80
Explanation:
The price of a bond is the sum of the present value of the coupon payments and the face value at maturity.
= Present value of coupon payments + Present value of face value at maturity
First adjust the variables for semi-annual:
Number of periods = 5 * 2 = 10 semi annual periods
Coupon payment = 8% * 1,100,000 * 1/2 years = $44,000
Yield = 6% / 2 = 3%
Present value of coupon payments:
The coupon payments are constant so are an annuity:
= Annuity * Present value of an annuity factor, 10 periods, 3%
= 44,000 * 8.5302
= $375,328.80
Present value of face value
= 1,100,000 * Present value of 1, 3%, 10 periods
= 1,100,000 * 0.7441
= $818,510
Selling price:
= 375,328.80 + 818,510
= $1,193,838.80