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3 years ago

Difference between driving and newsboy cap

1 answer:

7 0

Driver's caps feature a slight angled feature, as such on a slope higher from the back to lower to the brim of the hat while a newsboy cap is slightly puffed on the top rather than the straight slant on the drivers cap.

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A market might have an upward-sloping long-run supply curve if A. firms have different costs. B. consumers exercise market power

____ [38]

Answer:

Option A is correct

Firms have different costs.

Explanation:

Option A is correct

Long run supply curve is upward sloping or constant horizontal line depends on the industry whether it is variable cost industry (increasing production cost) or a constant cost industry respectively. Option A is correct because if firms have different production cost and it is increasing as the output is increasing then it is upward Sloping long-run supply curve.

4 0

4 years ago

Exodus Limousine Company has $1,000 par value bonds outstanding at 15 percent interest. The bonds will mature in 30 years. Compu

nasty-shy [4]

Answer:

if YTM at 4% price : $2,902.1237

if YTM at 8% price : $1,788.0448

The bonds are above face value asthey offer a higher coupon payment than the market yield therefore the bond holders are willing to pay above theri face value

Explanation:

the market price of the bond will be the present value of coupo payment and maturity:

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 150.000

time 30

rate 0.04

$150 \times \frac{1-(1+0.04)^{-30} }{0.04} = PV\\$

PV $2,593.8050

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity 1,000.00

time 30.00

rate 0.04

$\frac{1000}{(1 + 0.04)^{30} } = PV$

PV 308.32

PV c $2,593.8050

PV m $308.3187

Total $2,902.1237

No we repeat the process with the yield at 8%

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 150.000

time 30

rate 0.08

$150 \times \frac{1-(1+0.08)^{-30} }{0.08} = PV\\$

PV $1,688.6675

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity 1,000.00

time 30.00

rate 0.08

$\frac{1000}{(1 + 0.08)^{30} } = PV$

PV 99.38

PV c $1,688.6675

PV m $99.3773

Total $1,788.0448

7 0

3 years ago

During the year, Eleanor earns $120,000 in wages as an employee of an accounting firm. She also earns $30,000 in gross income fr

madam [21]

Answer:

Self employment tax will be $24000

So option (e) will be correct option

Explanation:

We have given that earning from outside consulting service = $30000

Deductible amount paid in connection with consulting service = $6000

We have to find the self employment tax

Self employment tax is the difference of earning from outside source and deductible amount

So self employment tax = $30000 - $6000 = $24000

So option (e) will be correct option

5 0

4 years ago

Which is not one of the five fundamental questions?

astra-53 [7]

Economics in many cases is an exact science, but usually it is a practical one that has applications. Thus there are some practical goals that need to be answered with the use of economics and an easy to summarize form of them are the five fundamental questions of economics. 3 of the choices above are such fundamental questions; determining the way of production, the receiver of the production as well as the ways in which the economic system can change are of fundamental importance to the science of economics. The other 2 questions are: What products will be produced ? and How can we foster progress?
Choice d is a pretty important question too (that falls somewhat under a) but the fact that it mentions the government specifically makes it less general than the other propositions so it is not a fundamental question.

7 0

4 years ago

If the price of cocoa rises by 20 percent, the quantity supplied of cocoa rises by 4 percent. What is the elasticity of supply?

Talja [164]

Answer: 0.2

Explanation:

Elasticity of supply shows the responsiveness to the quantity supplied for a good or service to changes in market price. Supply is Elastic if its elasticity is greater than 1 and inelastic if elasticity is less than 1

Elasticity of supply = Percentage change in quantity supplied / Percentage change in Price

= 4%/ 20%

=0.2 which is inelastic.

3 0

4 years ago