Answer:
900 fish
Explanation:
She values 1 fish = 3 coconuts
Harvested:
Fish = 600
Coconut=1500
Hence, converting coconut to fish
1500 coconuts = 500 fishes
Total harvested is 600fish +500fish =1,100
Gave Rachel :
Fish =, 100
Coconut = 300 which is approximately 100 fishes
Rachel got 200 fishes worth
Subtracting to get her income:
Harvested - Rachel's collection
= 1,100 - 200 =900
Answer:
When marginal cost meet with the demand curve
Explanation:
<em>The industry will do the most efficient allocation of resources when the marignal cost met the demand curve. </em>
When that occur the cost of producing an additional unit matches the amount the consumers are willing to pay for it thus, are in equilibrium.
The government will also have to look for the marginal revenue at this point to determinate wheter or not to subsidize the monopoly or not to avoid going bankruptcy
Answer:
<em>A. An advertisement</em>
Explanation:
Answer:
The value of the settlement is $ 62,604.06
Explanation:
The value of the settlement is the present values of all cash flows less lawyer's fees of $10000
In discounting the cash flows, I used the Present Value formula,which is:
PV=FV/(1+r)^n
FV =future value,amount receivable at each point time
r=rate of return=6%
n is the applicable number of years to each future value amount, for instance the $30000 last payment is receivable in the eleventh year,hence n is 11 years
The settlement value is the figure in the excel spreadsheet attached.
