Answer:
200,000
Explanation:
As he has repaid the loan amount of 200,000 he has earned 200,000 so he has to show 200,000 as income.
Answer:
a. iii. Too little
b. i. The industry's supply of cashews will exceed Q1 and the price of cashews will equal P1.
Explanation:
Allocative efficiency refers to the point in production where Marginal Revenue equals Marginal cost. As this is a perfectly competitive market, marginal revenue is the same as price which as shown in the question, exceeds Marginal cost. The firms are therefore producing too little to achieve allocative efficiency and need to produce more to make price and marginal cost equal.
In the long run, the firms will produce more such that supply would exceed the original quantity supplied of Q1. This will lead to the price falling back to P1 as there is now less scarcity.
Answer:
The difference is $9,450,000
Explanation:
Market Value of Share = $27.50 x 530,000
=$14,575,000
Book Value = $5,125,000.
Difference = $14,575,000- $5,125,000.
=$9,450,000
The market value is greater than book value by $9,450,000
Answer:
Option (d) is correct.
Explanation:
Cash receipts in month 4
:
Month 4 sales = (30% × 30,000) + (70% × 30000 × 60%)
= $21,600
Month 3 sales = 50,000 × 70% × 25%
= $8,750
Month 2 sales = 70,000 × 70% × 12%
= $5,880
Thus, total cash receipts:
= Month 4 sales + Month 3 sales + Month 2 sales
= $21,600 + $8,750 + $5,880
= $36,230
Answer:
<u>An 'increase in supply' means the supply curve has shifted to the right while an 'increase in quantity supplied' refers to a movement along a given supply curve in response to an increase in price.</u>
Explanation: