Answer:
The total amount Sandra was paid=$1,500
The total amount Bobby was paid=$1,750
Explanation:
Step 1
Determine the net loss or profit from sales as shown;
profit=sale price-purchase price
where;
sale price=$26
purchase price=$1
replacing;
profit=26-1=$25
Step 2
In a perfectly competitive labor market, the labor market defines the price of labor. In our case,
The value of each person marginal product can be expressed as;
Value of marginal product for Sandra=(25×60)=$1,500
Value of marginal product for Bobby=(25×70)=$1,750
The total amount Sandra was paid=$1,500
The total amount Bobby was paid=$1,750
The answer is<u> "longitudinal design".</u>
A longitudinal study is a research design that includes rehashed perceptions of similar factors (e.g., individuals) over short or significant lots of time (i.e., utilizes longitudinal information). Usually a kind of observational examination, despite the fact that they can likewise be organized as longitudinal randomized experiments. Longitudinal studies about in this manner roll out watching improvements more precise and are connected in different fields.
Answer:
a. Equilibrium quantity: 40 units; Equilibrium price: $40.
b. Quantity demanded: 10 units; Quantity supplied: 30 units; Surplus: 20 units.
c. Quantity demanded: 9 units; Quantity supplied: 31 units; Shortage: 22 units.
Explanation:
a. The equilibrium quantity occurs when the demanded and supplied quantity are the same, the price for which this situation happens is:
At an equilibrium price of $40, the equilibrium quantity is:
b. At a price of $50, the quantity demanded, the quantity supplied, and the magnitude of the surplus are, respectively:
c. At a price of $29, the quantity demanded, the quantity supplied, and the magnitude of the shortage are, respectively:
Answer:
$ 75131
Explanation:
Given:
Amount inherited = $ 300000
Present amount of annuity = $ 300000
Interest rate, i = 8% = 0.08
number of years, n = 5
Now,
the formula for the present amount of annuity is given as:
Present amount of annuity = ![P[\frac{1-(1+i)^{-n}}{i}]](https://tex.z-dn.net/?f=P%5B%5Cfrac%7B1-%281%2Bi%29%5E%7B-n%7D%7D%7Bi%7D%5D)
where,
P is the periodic payment
n is the number of years
now, on substituting the values, we get
$ 300000 = ![P[\frac{1-(1+0.08)^{-5}}{0.08}]](https://tex.z-dn.net/?f=P%5B%5Cfrac%7B1-%281%2B0.08%29%5E%7B-5%7D%7D%7B0.08%7D%5D)
or
$ 300000 = P × 3.993
or
P = $ 75131.48 ≈ $ 75131
hence, the amount he can withdraw is $ 75131
Answer:
C. The Cassies will win.
Explanation:
In the given case, the cassies would win as this was appraisal fraud that done by the company employee who is a Bank of america Subsidiary. Here the loan broker and the appraiser increase the fair market value of cassies home i.e. $620,000 but it would be lesser that is $250,000. So this inflate the value in order to make the payment of high rate with related to the mortgage
