Answer:
The cheapest alternative is: $300 a month immediately.
Explanation:
Giving the following information:
The dorm cost was $5000 for the two semesters
Jay had already paid a month after he moved into the dorm.
Jay estimates his food cost per month is $500 if he lives in the dorm and $450 if he lives in an apartment.
His share of the apartment rent and utilities will be $390 per month.
Each semester is 4.5 months long.
Alternative A:
One student offered to move in immediately and to pay Jay $300 per month for the eight remaining months of the school year.
Income= 300*8= 2400
Apartment rent= (3120)
Food= (3600)
Total= (4320)
Alternative B:
A second student offered to move in the second semester and pay $2500 to Jay.
Income= 2500
Dorm rent= (5000/9)*3.5= (1944)
Apartment rent= (1755)
Dorm food= 500*3.5= (1750)
Apartment food= (2025)
Total= (4974)
Alternative C:
Stay in the dorms
Dorm rent= (4444.44)
Dorm Food= (4000)
Total= $8444.44
<u>The cheapest alternative is A.</u>
Answer:
6% = 4500
5% = 3500
Explanation:
wo equations can be derived from the question
x + y = $8,000 equation 1
0.05x + 0.06y = $445. equation 2
x = amount invested in 5%
y = amount invested in 6%
multiply equation 1 by 0.05
0.05x + 0.05y = 400 equation 3
subtract equation 3 from 2
0.01y = 45
y = $4500
substitute for y in equation 1
8500 - 4500 = 3500
Answer:
The correct answer is the option C: earn positive economic profits.
Explanation:
In microeconomics, all the companies in a perfectly competitive industry at the short-run might <em>earn positive economic profits due to the fact that at short-term many companies might leave</em> the industry in the case that they do not earn normal profits and that <em>causes that the companies that stay will earn positive economic profit</em>. In addition to that, at the long-run more companies will enter the industry and therefore all the firms might earn zero economic profit that is equal to normal economic profit.
<span>The correct answer should be 2 and 4. Physical capital investing doesn't necessarily mean that there will be an increase in production, while import increase is bad for the economy because what you want is to export. Reducing the defense budget doesn't make your economy grow. Investing in human capital means that you help people educate so they can work better and produce more and come up with new things, and engaging in international trade makes your economy stronger too.</span>
The yearly budget law, which covers the revenue and expenditure forecasts for a particular year, is planned, approved, executed, and audited within the permanent legal framework provided by the constitution, the budget organic law, and financial rules.
<h3>
What is the Importance of a Budget in business?</h3>
It allows the business owner to focus on cash flow, cost-cutting, boosting earnings and boosting returns on investment. The cornerstone of every successful firm is budgeting. It assists with both planning and maintaining control over the company's finances.
An evaluation of a company's anticipated financial resources or the resources needed to finish a project constitutes a budget estimate. A budget estimate is a rough estimation of the amount of money that will likely be needed to finish a project or the amount of money that will be predicted to be available to a firm or organization.
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