Answer and Explanation:
In order to know how this affects the production we will first find out the quantities produce before and after the technological advance.
Profit maximizing, MR = MC (Marginal revenue = Marginal Cost)
TR = P x Q
TR= (5900 - Q) x Q = 5900Q - Q^2
MR = 5900 - 2Q (Taking derivative)
Now, MR = MC
5900 - 2Q = 800
Q = 2550
After Technological advancement,
MR = MC
5900 - 2Q = 500
Q = 2700
After technological advancement, Backspot Computers are able to produce more quantities. An increase of 150 units. The technological advancement has helped them.
An address book is a book or a database used for storing entries called contacts. Each contact entry usually consists of a few standard fields (for example: first name, last name, company name, address, telephone number, e-mail address, fax number, mobile phone number).
Explanation:
Let’s explore one by one as proposed:
An oil cartel raises oil prices: all prices in the oil-related products will increase making it more expensive for companies to be able to afford employees. As the US economy is heavily based on oil import and consumption, the unemployment rate (let´s call it UR from now on) would increase. Countries that export more than import could benefit from this scenario.
The U.S. dollar gains value against foreign currencies: It would be more expensive to produce goods in the US as its currency becomes stronger. Hence companies could choose to produce overseas, increasing the UR. One of the factors that attract investments is a cheap currency, meaning that a company could operate there at lower costs than anywhere else.
American consumers expect higher income in the future: As fights about average salary would arise between employees and companies, igniting even sindicalization, its proper to think that the same as above could occur; companies could choose to produce overseas in countries less demanding of labor rights and income, such as China provinces (I would recommend for you to watch American Factory, a awarded Netflix documentary about that subject).
Brazil experiences economic growth and increases its demand for U.S. exports: as I said in the first alternative, a country that has increased or more expensive exports could benefit from that creating more jobs, in this case decreasing the UR. If Brazil demands more US products, more has to be produced by the country, which would mean more people employed in this attractive sector.
U.S. real estate values rise: to be honest, it only affects indirectly. As housing becomes more expensive, people have to work more to be able to afford housing. That would mean they seeking better-paying jobs or in the absence of those being homeless of at least unable to buy a home. We could argue that the UR would decrease because it becomes more expensive to afford housing and hence people would migrate more but that’s a long shot rationale.
Answer:
The expected value of the investment is $3,100
Explanation:
In order to calculate the expected value of the investment we would have to make the following calculation:
The expected value is the summation of the (event * probability of happening that event).
Therefore, The expected value of the investment = ($5,000*0.20) + ($3,000* 0.50) + ($,2000* 0.30)
The expected value of the investment = $1,000 + $1,500 + 600
The expected value of the investment= $3,100
The expected value of the investment is $3,100
<span>the services that Williamson mentions are usually paid for using federal income tax, and those that are paid for using state sales tax or property taxes are :
</span>
● Federal income tax : Entitlement Programs,
Education, Technology, Defense and Security, Social Security, Health
Problem Programs such as Medicare, Aid programs, Interest
on National Debts, Scientific and Medical Research, Transportation)
● Sales tax and property taxes : Roads, Schools, Sewer system,
Healthcare, E<span>ducation, Local Government Aid, Property Tax Relief,
Social Service Programs, Highways, Economic Development
Incentives and Grants for businesses, and other state programs and operations.</span>
