Answer:
$17,450
Explanation:
The antique painting that was bought in January 1996 was sold for $21,000
It was sold for 4,200 in January 2021
It received a net auction fee of 650
Therefore the allowable loss can be calculated as follows
= 21,000-4200+650
= 17,450
Hence the allowable loss is $17,450
Answer: underallocated because long-run equilibrium occurs where price exceeds marginal cost.
Explanation:
Monopolistic competition occurs when there are many firms that are producing products that are differentiated. It should also be noted that one typical characteristics of a monopolistic competition is a large number of firms coupled with low entry barriers.
It should be noted that in monopolistically competitive markets, resources are underallocated because long-run equilibrium occurs where price exceeds marginal cost..
The second deal focused on social welfare to ease the problem brought by the great depression. The goals were: social securities for retirement, employment for those who are unemployed; health services, housing for illegal settlers and improvement on national resources.
Hi there
The price of the car after a year would be
20,000×(1+0.04)
=20,800 because of inflation
The amount of down payment is
20,800×0.2
=4,160
So you need to deposit
P=4,160÷(1+0.06)
p=3,924.5 round your answer to get
P=3925
Hope it helps
Answer: Big Tech companies thrive on consumer data.
Explanation: So you can limit there power by imposing
