Based on the information given the annual payment will be $51,476.86.
<h3>Annual scholarship payment</h3>
Using this formula
Annual payment=[Principal×(1+Discount rate)]×Discount rate
Let plug in the formula
Annual payment = [$400,000×(1+0.07)^9]×0.07
[$400,000×(1.07)^9]×7%
Annual payment= $735,383.68×0.07
Annual payment= $51,476.86
Inconclusion the annual payment will be $51,476.86.
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For the perfectly competitive broccoli producers in California, the firms' demand curve for broccoli is A HORIZONTAL LINE WHICH IS EQUAL TO THE EQUILIBRIUM PRICE OF THE ENTIRE MARKET.
In a perfectly competitive market, the demand curve for the market and the demand curve for the firm are different from each other. The market demand curve slopes downward while the firm's demand curve is a horizontal line.
A) because that is they only one that actually makes sense
The total revenue and the marginal revenue when he sells the 100th pound of apples is
total revenue is $200 (100 * 2) and marginal revenue is $2 (the price of the apple per pound in the market)
So the answer is the total revenue of Dimitri is $200 while the marginal revenue is $2.
Answer:
(B) $20 billion
Explanation:
Given a certain level of MPC, an increase in government spending (G) by a certain amount translates to an increase in aggregate demand (AD) through the relationship below.
where Δ means <em>change.</em>
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Therefore, given ΔAD of $50 billion, and MPC of 0.6,
= 
= 
= ΔG = 50 * 0.4 = 20
Therefore, increase in government purchases = $20 billion.
