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likoan [24]
3 years ago
5

HELP ASAP!! GIVING BRAINLIEST! NEED THE LAST ANSWER PLEASE

Business
1 answer:
Kay [80]3 years ago
4 0

Hello, Coolgurl23. Thanks for writing in.

You're asking if with the information given if this is a affordable amount.

The correct answer is NO. You have 700 dollars that you can pay in rent. Therefore, if you add all these costs up - you will get over the 700 dollar limit that is needed for a yes answer.

Therefore, you have NO as your final answer.

Thanks for writing in, best of luck on your assignment Coolgurl23!

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How does manufacturing create the multiplier effect?
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For every $1.00 spent in manufacturing, another $2.79 is added to the economy

Explanation:

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Mr. Morgan earns $38,000 a year as a salesperson and a 5% commission on all his sales. He has a mortgage of $910 a month and pay
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the mortgage.

Explanation:

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How do consumer expectations affect the demand for a product
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A firm's current profits are $400,000. These profits are expected to grow indefinitely at a constant annual rate of 4 percent. I
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Answer:

A. $21,200,000

B. $20,800,000

Explanation:

A. Calculation to determine The instant before it pays out current profits as dividends

Value of the firm =[(Current profits) × (1 +Opportunity cost of funds)} ÷ (Opportunity cost of funds - Constant growth annual rate)

Let plug in the formula

Value of the firm= [($400,000) × (1 + 0.06)]÷ (0.06 - 0.04)

Value of the firm= [($400,000) × (1.06)]÷0.02

Value of the firm= $424,000 ÷ 0.02

Value of the firm= $21,200,000

Therefore The instant before it pays out current profits as dividends will be $21,200,000

B. Calculation to determine The instant after it pays out current profits as dividends

Using this formula

Value of the firm =[(Current profits) × (1 +Constant growth annual rate)} ÷ (Opportunity cost of funds - Constant growth annual rate)

Let plug in the formula

Value of the firm= [($400,000) × (1 + 0.04)] ÷ (0.06 - 0.04)

Value of the firm= [($400,000) × (1.04)] ÷ (0.06 - 0.04)

Value of the firm= $416,000 ÷ 0.02

Value of the firm= $20,800,000

Therefore The instant after it pays out current profits as dividends will be $20,800,000

3 0
3 years ago
One difference between a monopoly and a competitive firm is that A. a monopoly faces a downward sloping demand curve. B. a monop
AnnZ [28]

Answer:

A. a monopoly faces a downward sloping demand curve.

Explanation:

In business, it is seen to occur because they have no competition, monopolists have no incentive to improve their products. A lot of their focus is instead placed on maintaining monopolistic conditions through bribing their way and other tactics that dissuade competitors from entering the market.

 Demand curve slopes downward, this is said to decreases with each unit of production beyond the profit maximizing quantity and in the eyes of the monopolist, cash is lost with each additional unit been produced, causing marginal cost exceeds marginal revenue. This causes the restricted output and higher costs that characterize products produced by monopolists.

Because the demand curve slopes downward, marginal revenue decreases with each unit of production beyond the profit maximizing quantity. Thus, the monopolist loses money with each additional unit produced, as marginal cost exceeds marginal revenue.

6 0
3 years ago
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