Answer: 10 months
Explanation:
It would take the Hendersons 10months to recover their cost if they decide to do it themselves over the professional service.
Here is how;
Doing it themselves would cost -
$250 - For a lawnmower
$135 - For an edger
$69 - For a hedge trimmer
$25 - For a rake
Summing these up gives $479
It would cost the Hendersons $479 to purchase equipments to carry out their monthly yard maintenance themselves.
On the other hand, if they were to hire a professional service, it would cost
• $75 for the first month and
• $45 for subsequent months
So, $45 * 9months = $405
$405 + $75 (for the initial month) = $480
Comparing the $480 for a professional to the $479 it would cost to purchase equipment and do it themselves, it would take the Hendersons 10months to recover their cost if they decide to do it themselves over the professional service.
Answer: Option(D) is correct.
Explanation:
Correct option: Act as if they were monopolies.
Cartel is a group of few firms that work towards the common goal. Because all the cartel members works together, that's why they act like a monopolies.
They decided to produce at a level where their combined marginal revenue is equal to the combined marginal cost.
Because they behave like a monopolist, so they sell lesser quantity at a higher prices than would be in a perfectly competitive market.
Matters where you live. it is different in different places.
Answer:
b. $1.82m
Explanation:
Capital Intensity ratio = Total aasets / sales
1.5 = Total Assets / 9m
Total Assets = 9m x 1.5 = 13.5
ROE = Total Income / Shareholders equity
27% = Total Income / (13.5 x 50%)
27% = Total Income / 6.75
Total Income = 27% x 6.75
Total Income = 1.8225
Total Income = 1.82 (Rounded)
The correct option is b. $1.82m.
Answer:
According to the data provided the opportunity costs is detailed below:
Initial Balance $20,000
Monthly interst $200
Investment $500
________________________
The Opportunity cost is $500
Explanation:
The opportunity cost is the price you pay for not choosing best second alternative when you make a decision. In this case the person has three options:
1. Spending the money
2. Save the money
3. Invest the money
Once the money is spent the opportunity costs is generated and it is measured by the interest rate lost for not keeping the money in the investment that will generate an interest rate of $500 monthly.
