Answer:
a) Qs = 50 + 20p - 7ps
= 50 + 20p - 7×(2)
= 50 + 20p - 14
= 36 + 20p
At equilibrium, =
So, 150 - 10p + 5 = 36 + 20p
So, 20p + 10p = 30p
= 150 - 36 + 5
= 114 + 5
So, p = (114/30) + (5/30)
= 3.8 + 0.17
Thus, = 3.8 + 0.17
Q = 36 + 20p
= 36 + 20(3.8 + 0.17)
= 36 + 76 + 3.4
= 112 + 3.4
Thus, = 112 + 3.4
b) = 3.8 + 0.17
= 3.8 + 0.17×(5)
= 3.8 + .85
= 4.65
= 112 + 3.4
= 112 + 3.4(5)
= 112 + 17
= 129
c) Qd = 150 - 10p + 5pb = 150 - 10(2.5) + 5(5) = 150 - 25 + 25 = 150
Qs = 36 + 20p = 36 + 20(2.5) = 36 + 50 = 86
Thus, there is excess demand as >
d) New = 180 - 10p + 5
= 180 - 10p + 5×(5)
= 180 - 10p + 25
= 205 - 10p
Now, new = gives,
205 - 10p = 36 + 20p
So, 20p + 10p = 205 - 36
So, 30p = 169
So, p = 169÷30
So, = 5.63
Q = 205 - 10p = 205 - 10×(5.63) = 205 - 56.3 = 148.7
So, = 148.7
Answer:
A limited partnership (LP)—not to be confused with a limited liability partnership (LLP)—is a partnership made up of two or more partners. The general partner oversees and runs the business while limited partners do not partake in managing the business. However, the general partner has unlimited liability for the debt, and any limited partners have limited liability up to the amount of their investment. Generally, a partnership is a business owned by two or more individuals. There are three forms of partnerships: general partnership, joint venture, and limited partnership. The three forms differ in various aspects, but also share similar features.In all forms of partnerships, each partner must contribute resources such as property, money, skills, or labor to share in the business' profits and losses. At least one partner takes part in making decisions regarding the business' day-to-day affairs.All partnerships should have an agreement that specifies how to make business decisions. These decisions include how to split profits or losses, resolve conflicts, and alter ownership structure, and how to close the business, if necessary. LPs are often formed to manage passively ran businesses and for raising money for investment purposes.
Explanation:
Explanation:
The Fair Debt Collection Practices act protects the credit card users from the deceptive or incorrect practices when debt is collected.
Mischa is looking to purchase a home. She has looked at the housing market. Now she needs to find a <u>lender</u> to become <u>pre-qualified</u> for a mortgage. By doing so, Mischa will know how much she has to spend on a house.
Answer:
When initially converting the dollars to Danish Kroner you will receive;
DKK 5,333.33
Explanation:
The bid price can be defined as the price that buyers are willing to pay for a currency while the ask price is the price that sellers are willing to take for it. In our case;
The bank's bid rate for the Danish Kroner=$0.1875
1 Danish Kroner=$0.1875
This means to convert $1,000 to Danish Kroner, you are selling the Us dollar and buying the Danish Kroner. To buy the Danish Kroner we use the bid rate of $0.1875
Therefor $1,000=(1,000/0.1875)=DKK 5,333.33
But immediately after conversion, you get an emergency that needs your to change your currency back to dollars as follows;
We will utilize the bank's ask rate, for example
1 Danish Kroner=$0.1895
Therefor DKK 5,333.33=(5,333.33×0.1895)=$1,010.67
When initially converting the dollars to Danish Kroner you will receive
DKK 5,333.33