Answer:
pat should drive if saving half an hour is worth $0.50 or more
Explanation:
Marginal cost is the additional cost generated by producing an additional unit of output.
Marginal cost of taking the bus = 1 / 2 = 0.50
Marginal utility is the additional utility derived from consuming one more unit of a good
Marginal utility per good = marginal utility / price of the good
Pat should take the action that would yield him the highest utility given the marginal cost
So,pat should drive if saving half an hour is worth $0.50 or more
Answer: B. : a healthy cash reserve
Explanation:
For the company to be able to declare a Dividend, it's cash reserve needs to be healthy. For this to happen use the following formula;
Free cash balance = Available cash balance - Current Liabilities payable
= 827,000 - 436,000
= $391,000
After taking out the money that will be needed to pay the Current Liabilities, there would be an insufficient balance to pay off the Dividends of $400,000.
Their cash reserve is not healthy enough for the dividends to be declared.
The correct answer is A; Welfare payments given to people who have never worked.
Further Explanation:
There are numerous types of subsidies that are given to American citizens. The government gives these through grants and loans. The person or business that is applying for the subsidy must meet certain criteria. In addition to the federal government local cities and states can give out their own subsidies to people or businesses.
If students meet the criteria they can be given low interest loans to attend college. Farmers are given money so that they can plant their crops that make their farm run. If a teacher has previously had a loan and is working in a high poverty area, they can get a federal subsidy to forgive all of their previous student debt.
Welfare payments are not a subsidy. The payments are given to families that are below the poverty line. They must show proof that they do not have the money they need to make it month by month. Welfare payments can only be given for a certain amount of time and then they are taken away. The families must be looking for a job or show why they can't work.
WIC is a federal subsidy given to parents with children aged 5 and under for milk, and certain food products for the child.
Learn more about the federal subsidy program at brainly.com/question/8824353
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Answer:
The maximum amount that the lender will be willing to provide to the borrower is $9,006.
Explanation:
Fixed payment for a specified period is know as the annuity. We will use the formula of present value of present value of annuity payment.
APV = C x [ ( 1 - ( 1 + i )^-n ) / i ]
C = Monthly payment = $800
Interest rate =i 8% = 0.08
n = number of years = 30 years
APV = $800 x [ ( 1 - ( 1 + 0.08 )^-30)/0.08 ]
APV = $800 x 11.2578
APV = $9,006
So, The maximum amount that the lender will be willing to provide to the borrower is $9,006.
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