<span> The </span>income statement<span> reports revenues and expenses and the resulting </span>net income
Answer:
total opportunity cost is $44
Explanation:
given data
parking fee = $4
earn = $10 per hour
time = 4 hour
to find out
opportunity cost
solution
we first find 4 hour earning that is
earning = earn × time
earning = 10 × 4
earning in 4 hours = $40
and
saving = $4
so total opportunity cost = saving + earning
total opportunity cost = $4 + $40
so total opportunity cost is $44
Given Information:
Current Population = P₀ = 7 billion = 7x10⁹
Growth rate = r = 3 %
Period = t = 100 years
Required Information:
(a) Population after 100 years = ?
(b) Population after t = 0, 1, 2, 10, 25, 50 years = ?
(c) Population vs time graph = ?
Explanation:
The human population growth can be modeled as an exponential growth,

where P₀ is the current population, r is the growth rate and t is the time period
(a) What would the population equal 100 years from now?

P = 140.6x10⁹
(b) Compute the level of the population for t = 0, t = 1, t = 2, t = 10, 25, and t =50
<u>t = 0</u>
P = 7x10⁹e⁰
P = 7x10⁹
<u>t = 1</u>
P = 7x10⁹e^0.03*1
P = 7.213x10⁹
<u>t = 2</u>
P = 7x10⁹e^0.03*2
P = 7.423x10⁹
<u>t = 10</u>
P = 7x10⁹e^0.03*10
P = 9.45x10⁹
<u>t = 25</u>
P = 7x10⁹e^0.03*25
P = 14.82x10⁹
<u>t = 50</u>
P = 7x10⁹e^0.03*50
P = 31.37x10⁹
(c) Make a population versus time graph
Attached as image
Answer:
b. set by market supply and demand.
Explanation:
A perfect competition is characterised by many buyers and sellers of homogenous goods and services. Because goods are homogenous and there are many buyers in the industry, sellers do not set the price for their goods and services. Prices are set by the market forces of demand and supply. This makes sellers price takers.
Other features of perfect competition are :
1. No barriers to entry or exit of firms
2. Firms make zero economic profit in the long run.
I hope my answer helps you.
D-residency in a hospital
This is required to build your resume as a doctor and gives you a chance to see what the real world of medical work is like outside of a classroom.