Answer:
market outcome is inefficient
Explanation:
This means that the market outcome is inefficient.
Since people usually exploit gains for the trade.
These are principles of individuals, The above statement further means market failure and individual pursuit self interest found in the market make the society worse off.
Answer:
Marty is 60 percent sure that he can save the project the amount of $7,000 which means that the amount of $4,200 will tend to depict the 60 percent certainty Amount of the savings
Explanation:
What would the risk be based on the information given in a situation where he is 60 percent sure that he can get the facility needed for the amounts of $45,000 in which the amount is lower that the amount of $7000 that was planned for is that Marty is 60 percent sure that he can save the project the amount of $7,000 which means that the amount of $4,200 which is simply calculated as (60%*$7,000) will tend to depict the 60 percent certainty Amount of the savings.
They need to know how to run the fast food place. Editcational wise none.
Answer:
$575
Explanation:
Straight line method charges a fixed amount of depreciation using the formula :
<em>Depreciation expense = (Cost - Residual Value) ÷ Useful Life</em>
2017
Deprecation expense = $820
2018
Deprecation expense = $820
2019
<u>Calculate depreciable amount :</u>
<em>New depreciable amount = Previous Depreciable Amount - Accumulated depreciation - Increase in Residual amount</em>
= $4,700 - $600 - $1,640 - $100
= $2,300
<u>Determine the New useful life :</u>
Since 2 years have already expired, the new useful life out of the revised 6 years is 4.
<u>Depreciation Expense calculation :</u>
Depreciation Expense = Depreciable Amount ÷ Useful Life
= $2,300 ÷ 4
= $575
Conclusion :
The amount of depreciation expense for the year 2019 is $575
The type of economy that people grow crops for their own use is traditional .The correct answer is D.
