The supply curve is a graph that shows quantity supplied at a given price. Quantity is on the x axis and price is on the y axis.
At $8, Maria is willing to supply 35 hours.
at $10, she will supply 40 hours, and at $12 she will only supply 37 hours.
The drop in hours between $10 and $12 makes sense because at $10 working 40 hours she will make $400 dollar. but at $12 she can make more money working fewer hours, and can use her time for other things.
Answer:
185.531532 months
15.5 years
Explanation:
We use the NPER formula in this question that is shown in the spreadsheet.
The NPER represents the time period.
Given that,
Present value = $50,000
Future value = $0
Rate of interest = 9% ÷ 12 months = 0.75%
PMT = $500
The formula is given below:
= NPER(Rate;PMT;-PV;FV;type)
The present value come in negative
So, after solving this, the answer in months would be 185.531532 month
And, in year it would be 15.5 years after dividing by 12 months, the number of year comes
Answer:
Steve job is the natural leader and gather with gigantic imagination and astounding thoughts regarding determining for future. He was a prepared trend-setter who reshaped whole ventures by his scholarly brain, good thoughts and peerless self control that comes for purchaser desire for present and future needs.
So "Business person" would surly fit for his character. Steve Jobs have a sort of character which satisfied with number of characteristics that accommodate him for imagination and imaginative.
Steve was acceptable in sharing his inclination and punish individuals ahead to take obligations. These are the characteristics of Extrovert individuals. This can be seen each time both in progress and disappointment, he never seize to quit talking about the conceivable outcomes.
Consequently the most fitting behavior is "Extroversion"
<span>As the outsourcing decision is not in the audit term therefore the audit team is not needed to take it into consideration. Audit team is required to work for those matters which are in the term for which it is hired. Notes can be mentioned that outsourcing is used in the next term.</span>
Answer:
United States continue to have quotas because it increases the price of imported Sugar and thereby reducing the quantity demanded.
Explanation:
To start with, quotas is a restriction imposed by a government. Quotas limits the quantity of a good that can be imported into a country during a specific period of time. In this question, an import license specifies the quantity of Sugar that be brought into (imported) the USA.
United States continue to have these quotas because import quotas reduces the supply of imported goods (Sugar), thereby, preventing an uncontrolled importation of Sugar. This raises the price of imported Sugar against the price of locally produced Sugar which is lower in price. Intuitively, consumers will go for lower price (locally produced Sugar) which satisfies the law of demand for normal goods.
Therefore, it helps the domestic producers to stay in the competition.