Answer:
The approximate value of the house is 192984
Explanation:
I don't know what you mean by "<em>Use Exhibit 1-A</em>" but you can calculate this as follows
180000 * (1+1%)^7
The general formula of cumulative interest is
A * (1+i)^n
A = Amount
i = interest, in this case 1%
n = number of periods, in this case, 7
Profits are negative in a monopolistically competitive market, the new firms will enter the market until economic profits are zero.
<h3>What is competitive market?</h3>
Competitive market is a market that involves many sellers and producer that are competing with one another.
They compete to provide goods and services
Therefore, profits are negative in a monopolistically competitive market new firms will enter the market until economic profits are zero.
Learn more on competitive market here,
brainly.com/question/25717627
I’m sorry I gave up 85 points on accident
To get the maximum benefits and the compounding effect ion the savings the savings are to be started as soon as possible to gain the highest savings benefit.
<h3>What is compound?</h3>
Compound is a way of calculating and increasing the savings, in compound method the interest rate is applied on the complete amount available at a certain time in the account, as compared to normal interest which is applied to only principal amount.
The interest or the benefit earned in a compound is greater as compared to a normal interest. In compounding the benefit is that the interest earned in the past years also earn interest and so there is a great benefit when the savings are matured for a good time.
Therefore it is highly recommended that the savings must be started while you are still young, so that the future benefits can be greater.
Learn more about Compound at brainly.com/question/27285456
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D.) Whether to order a pepperoni or a cheese pizza is a decision that cannot be made at the margin.
Making decisions at a margin is merely considering an option on top of your made decision. Cost and Benefit is a factor in thinking in a margin.
You have already decided to move. Your marginal decision is whether to move to Boston from Chicago,
You have already decided to spend the day on Saturday. Your marginal decision is whether to watch a movie or go hiking.
You have already decided to have a two-week vacation. Your marginal decision is whether to spend it on the shore or in town.
You have decided to order a pizza. Any flavor of pizza will still make you spend money. So there is no marginal decision needed.
