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3 years ago

Define a demand schedule

1 answer:

7 0

In economics, the demand schedule is a table showing the quantity demanded of a good or service at different price levels. The demand schedule can be graphed as a continuous demand curve on a chart where the Y-axis represents price and the X-axis represents quantity.

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In a market system, scarce goods are allocated through the operation of fixed prices that are determined by consumers and produc

anygoal [31]

Answer:

The correct answer is: market prices that are determined by consumers and producers acting in their own self-interest.

Explanation:

In a market system, the price of a good is determined by the intersection of demand for goods by consumers and the supply of goods by the producers. The price is determined at the point where the market forces of demand and supply are equal.

The producer is trying to maximize its profit while the consumer is trying to maximize its utility. Both are working for their self-interest and in this way are able to allocate scarce resources through the working of the market system.

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3 years ago

Assume that your university increase tuition only at the rate of inflation. how much will a $23,000-per-year college cost 15 yea

ValentinkaMS [17]

In economics, there is a formula to predict the growth of money value with time. When dealing with simple interest, the formula is

F = P(1+in), where F is the future worth, P is the present worth, i is the annual interest rate, and n is the amount of time, commonly in terms of years. Substituting to the formula,

F = $23,000(1+0.08*15)
F = $50,600

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3 years ago

a company paid $43,800 to acquire 7% bonds with a $46,000 maturity value. the company intends to hold the bonds to maturity. the

-BARSIC- [3]

The cash proceeds the company will receive when the bonds mature equal $46866.

When bonds are redeemed at maturity, they are always redeemed at face value since by then any bond discount or the premium would have become zero, plus the last interest payment.

Cash proceeds = Maturity amount + interset

= $46,000 + ($46,000 x 7% x 1/2) assuming semi-annual interest payments

= $46,000 + $1,365 = $47,365

Cash proceeds = Maturity amount + interset

= $43,800 + ($43,800 x 7%) assuming annual interest payments

= $43800 + $3066 = $46866

Learn more about maturity value here:-brainly.com/question/9099365

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2 years ago

The earliest a student can complete the PROFILE is _____.

antoniya [11.8K]

2 weeks before the start.

8 0

4 years ago

Read 2 more answers

Consider the following income statement for the Heir Jordan Corporation:

vivado [14]

Answer:

HEIR JORDAN CORPORATION

The projected addition to retained earnings is $5,743.

Explanation:

a) Data and Calculations:

HEIR JORDAN CORPORATION

Income Statement Current Year Projected

Sales $ 49,000 $58,800 ($49,000 * 1.2)

Costs 40,300 48,360 (40,300 * 1.2)

Taxable income $ 8,700 10,440 (8,700 * 1.2)

Taxes (22%) 1,914 2,297 (1,914 * 1.2)

Net income $ 6,786 8,143 (6,786 * 1.2)

Dividends $ 2,400 2,400

Addition to retained earnings 4,386 5,743

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3 years ago