Answer:
a. −$80.
Explanation:
Ziva's economic profit =Revenue- (explicit costs + implicit costs)
Revenue= $300
Explicit costs=$130
Implicit cost=$25*10 =$250
Ziva's Economic Profit= $300-($130+$250)
=$300-$380
Ziva's Economic Profit=-$80.
Explicit cost is the same as accounting costs. This include cost of seeds(i.e $130), wages paid to workers, rent paid for farm land, etc.
Implicits costs on the other hand is called opportunity cost or alternative forgone.
The $25 per hour forgone by working on the farm land is implicit cost.
<h3>
Answer:</h3>
<h3>
Explanation:</h3>
The formula for calculating the Monthly payments P for the sinking fund is as follows:
where,
P = Monthly payments to be made
A = Total amount to be accumulated
i = Interest rate for given time period
n = Number of time period
Assuming interest is applied at the beginning of each period.
We are given two scenarios.
<h3><u>
Scenario (i) - Deposit is made during the year:</u></h3>
In this scenario, as some of the year is already passed (assume 6 months), to complete the time period of 3.5 years the interest will compound 3 times (as the 0.5 year payments can be adjusted in the remaining part of the first year and no interest is applied on it). Hence, the interest will be applied 3 times.
<h3><u>
Scenario (ii) - Deposit is made at the beginning of the year:</u></h3>
For this case, the interest will be applied 4 times to complete the time period of 3.5 years for payment.
Answer:
ikr, it sucks, I watched like 50000 million adds
If these were the given choices:
A) They will be included in the nondurable consumption
category of GDP.
B) They will be included in the residential investment
category of GDP.
C) They will be included in the government spending
category of GDP.
D) They will be included in the inventory investment
category of GDP.
E) They will be included in the durable consumption
category of GDP.
My answer is: <span>D) They will be included in the inventory investment category of GDP.</span>
<span>
</span>
<span>GDP stands for Gross Domestic Product. It is the monetary value of all the finished goods and services produced in a given period within a country. These monetary value is equivalent to the current market price of said finished goods and services. </span>
The answer is b or a but I mean it both means the same thing, if this is on Plato it's a
