Answer:
Explanation:
<u>First - if we upgrade the Car</u> :
Current cost of fuel in car - 12000/25*2.65 = 1272$
after upgrading the car , cost of fuel in car - 12000/40*2.65 = 795$
Net saving in fuel cost - 1272-795 = 477$
<u>Second - if we upgrade the Truck </u>:
Current cost of fuel in truck - 12000/10*2.65 = 3180$
after upgrading the truck , cost of fuel in truck - 12000/12.5*2.65 = 2544$
Net saving in fuel cost - 3180-2544 = 636 $
So, we should upgrade the truck, because it will give more saving in fuel cost.
ANNUAL FUEL SAVINGS IN GALLONS:
CAR - 477/2.65 = 180 GALLONS
TRUCK - 636/2.65 = 240 GALLONS
Answer:
differing opinions on the point we are on the Laffer Curve
A
Explanation:
The Laffer Curve is a supply side economic theory developed by Arthur Laffer in 1974.
The curve depicts the relationship between tax rates and tax revenue
According to this theory, higher income tax rate reduces the incentive of labour to work and invest due to the fact that labour would have to pay higher tax. This means that at some point, increase in the tax rate would decrease government revenue rather than increase it.
The theory submits that there is an optimal tax rate at which tax income is maximised. Once this point is surpassed, increase in tax rate would reduce government revenue
Price ceiling is when the government or an agency of the government sets the maximum price for a product. It is binding when it is set below equilibrium price.
Effects of a binding price ceiling
1. It leads to shortages
2. it leads to the development of black markets
3. it prevents producers from raising price beyond a certain price
4. It lowers the price consumers pay for a product. This increases consumer surplus
A rent ceiling would lead to shortage of houses and a reduction of the quality of available housing.
Opentable is a reservation mechanism for restaurants. It uses the Internet to allow consumers to reserve tables in many places throughout the United States. It is an example of multichannel marketing.
The goal is to attract, retain, and build relationships with buyers who use various channels. It is a blending of different communication and delivery channels.
Intensive Distribution: As many outlets as possible. The goal of the intensive distribution is to penetrate as much of the market as possible.
Multichannel marketing is a blending of different communication and delivery channels. The goal of multichannel marketing is to attract, retain, and build relationships with buyers who use various channels.
Learn more about multichannel marketing at
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Answer:
Hi, There! I'll be glad to help
<h2>
Question</h2>
Define Share Application
<h2>Answer</h2>
An application for shares is an offer by the prospective shareholders to take the shares of the company
Explanation:
Such offers are made on application forms supplied by the company
Therefore, I hope this helps!
एक अच्छी शाम/रात हो! और मुस्कुराना न भूलें क्योंकि आपके दोस्त आपसे प्यार करते हैं और किसी के लिए खुद को नहीं बदलते <3
I’m pretty sure it’s b if not b then c but I’m pretty positive it’s b
