When a firm can depreciate its capital equipment over a shorter period, it cuts its taxes now.
A capital asset's value dropping is referred to as capital depreciation. To determine the recovery cost incurred on fixed assets over the course of their useful lives, assets are depreciated. When the asset reaches the end of its useful life or you need to sell it, this is used as a sinking fund to replace it. Depreciation lowers the taxable income, which lowers the tax burden. Capital assets are listed as an asset on the balance sheet and are depreciated over the course of their useful lives. Businesses typically have to spread out the costs of capital investments over a number of years in accordance with predetermined depreciation schedules.
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Answer:
Equilibrium Price - 3
Equilibrium Quantity - 3
Explanation:
The price at which there will be equilibrium in the chocolate market is 3 units while the corresponding quantity is also 3 units.
<u>The equilibrium price and quantity represents the price and quantity where the demand for a product is equal to the supply for the same product respectively.</u>
<em>In the graph, the point of intersection of the demand and the supply curve represents the equilibrium point. At this point, the price on the Y axis is 3 units while the corresponding quantity on the X axis is also 3 units.</em>
Current output Y = AK^(alfal)L^(1- alfa)
Here A = 100
K= 50,000
L = 100
a ( Alfa) =o.33
Y= 100*(50,000)^0.33*(100)^0.66= 5642.296
Calculus. The analysis is the most common type of mathematics in economics. Calculus uses a variety of formulas to measure limits, functions, and derivatives. Many economists use calculus in measuring economic information.
Mathematics and Economics are complementary fields. Most areas of modern economics make extensive use of mathematics and statistics, and several important areas of mathematical research have been motivated by economic problems.
No. Economics Mathematics is not difficult. Economics is not a particularly difficult undergraduate subject. ...but the most prepared economics majors choose to take mathematics courses at roughly the same level as mathematics majors, and many even choose to double major.
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Answer:
Gravity models are used to find location that minimizes the cost of transporting raw material from the supplier and finished goods to the markets served. This model also assumes that the transportation cost grows linearly with the quantity shipped.
Explanation:
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