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Cost is a <span>term describes what a manufacturer spends for goods or services.
</span>In production, research, retail, and accounting, a cost<span> is the value of money that has been used up to produce something, and hence is not available for use anymore. In business, the </span>cost<span> may be one of acquisition, in which case the amount of money expended to acquire it is counted as </span>cost<span>.</span>
Answer:
the options were missing:
- a tax of $9,000
- a tax of $14,000
- a tax of $15,000
- a tax of $18,000
the answer is a tax of $18,000
Explanation:
in this case, the seller surplus = $510,000 - $485,000 = $25,000, while consumer surplus = $525,000 - $510,000 = $15,000
Taxes decrease consumer surplus, but consumers are still willing to purchase goods if the price of the goods plus the taxes is equal or less to the maximum price that they are willing to pay. But $510,000 + $18,000 = $528,000 which is higher than $525,000
Answer:
amount of interest due after 6 month is $1344
Explanation:
given data
borrowed P = $42,000
interest rate = 6.4% = 0.064
time period = 6 month = 0.5 year
solution
we get here interest amount on 6 month that is express as
interest = principal × rate × time ..........1
put her value and we get
interest = 42,000 × 0.064 × 0.5
interest = $1344
so amount of interest due after 6 month is $1344
Answer: entrepreneur; self disciplined
Explanation:
1. Given Pepe's willingness to accept the risks of opening and running Pepe's Pizzazzeria, he is clearly an example of an entrepreneur.
An entrepreneur is one who goes into a business despite knowing that there'll be risk along the way and uses the resources available to achieve his aim.
2. Pepe remains confident and enthusiastic even though his colleagues have poked fun at his ideas. This shows that Pepe is self disciplined. He knows what he wants and won't let any negative comments from anyone affect him.
The federal funds rate is the interest rate at which private depository institutions (mostly banks) lend balances (federal funds) at the Federal Reserve to other depository institutions. reserves that banks lend to each other; Federal Open Market Committee
