Answer: Option (D) is correct.
Explanation:
The economic efficiency is achieved at a point where demand curve and supply curve intersects each other. This point is known as market equilibrium. The area under the demand curve and above the equilibrium price level is known as consumer surplus.
The area above the supply curve and under the equilibrium price level is known as producer surplus.
Hence, the combine area of consumer surplus and producer surplus have to maximized to have a economic efficiency in an economy.
Answer:
= $80,273
Explanation:
Value of the right of use asset = Value of lease liability - cash incentive received + costs incurred for lease
= $82,773 -$ 6,000 + $3,000 + $500
=$80,273
Answer:
$22,897.74
Explanation:
Given:
Loan amount (P) = $22,000
rate (R) = 8% = 8/100=0.08/365 = 0.000219178082
Number of days(n) = 6 month = (6 x 365)/12 = 182.5
Total Amount = ?
Therefore, he have to pay $22,897.74 to the bank.
Answer:
This policy will lead to increase in birthrate.
Explanation:
Taxes imposed on individuals with children will be helpful in reducing birthrate, thus, curbing population growth. This is because taxes reduce the disposable income of the individuals. So people will prefer not to have children to earn a higher income.
When this tax is reduced through some policy, the disposable income of the people would increase. So people now would be able to afford to have children. This will lead to an increase in birth rate and thus population growth.
In order to calculate the depreciation using the double declining balance method you must first calculate the amount of depreciate using the straight line method. After you calculate it by the straight line method, you simply need to double it for this this problem.
The original price is $20,000, and then subtract the $2,000 estimated trade in value and the answer is $18,000. This is the amount that you need to depreciate.
Straight line method: $18,000 divided by the 5 year useful life = $3,600 per year.
Double declining balance = $3,600 x2 = $7,200 per year depreciation.
Year Depreciation Amount
1 7,200
2 7,200
3. 3,600
