Answer:
When the world price is $9.00 per barrel, imports are 10.25 million barrels per day.
Explanation:
This can be explained as following:
- At the domestic equilibrium, the quantity supplied and demanded were:
- When the world price is $9.00 (P=9), the domestic demanded and supplied quantity were:
- Demand: Qd = 15 - (1/4)x9 = 12.75 million
- Supply: Qs = -2 + (1/2)x9 = 2.5 million
When the domestic supply is 2.5 million barrels per day while the domestic demand is 12.75 million barrels per day, the domestic still lacks:
- 12.75 - 2.5 = 10.25 million barrels per day
So that they need to import 10.25 million barrels per day.
Answer:
I will ask the question that
C. How will it make me feel about myself?
Explanation:
The reason behind asking question is that I want to know that this new office policy will effect me. If this office policy will change my responsibilities or my rights, I'll be definitely ask this question as it is a matter of importance for me.
The other questions
- Is it legal? is not appropriate for asking as the office policy is beyond the legal framework.
- Is it balanced? is not appropriate for asking as this question is not specific and clear so it is good to ask this question.
- Is it a lose-lose situation? this question is not a good way to ask about the nice policy as it will show my pessimistic approach towards the policy.
Answer:
i) personal economic policies ii) marginal cost versus marginal benefit analysis
Explanation:
Marginal costs and benefits are an integral part of the economy as they help to calculate costs and benefits accurately at a particular production stage and usage stage.
An economic policy is an act that aims at influencing or controlling economic behavior.
At this stage John believes his decision will influence his economy positively and he sees more long-term benefits than costs for him if he plays professional sports rather than staying in college.
Answer:
$151.72
Explanation:
Quarterly dividends of preferred stock = $2.75
Annual dividend of preferred stock = 4 * Quarterly dividend
Annual dividend of preferred stock = 4 * $2.75
Annual dividend of preferred stock = $11
Required return = 7.25% = 0.0725
Return = Dividend / Current price
0.0725 = $11 / Current price
Current price = $11 / 0.0725
Current price = 151.724138
Current price = $151.72
So, the preferred stock should sell for $151.72.
Answer:
Pina Colada's net income for the year ending October 31, 2022 is $246,400.
Explanation:
Net income = Revenue recognized - Expenses incurred including depreciation
= $484,000 - $237,600
= $246,400
Therefore, Pina Colada's net income for the year ending October 31, 2022 is $246,400.
