When it comes to calculating property tax, the most relevant amount is the assessed value of <u>$387,000.</u>
When calculating property tax, the useful figures are:
- The assessed value of the house
- The Property tax rate
This assessment is arrived at in various ways but once it is arrived at, it is then multiplied by a figure known as the mill levy and the result will be the property tax.
In conclusion, the assessed value is most useful.
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Answer:
The correct answer is option D.
Explanation:
The law of demand states that keeping other things constant there is an inverse relationship between quantity demanded and price.
According to the law of increasing marginal opportunity cost with each additional output the marginal opportunity cost to produce next unit of output increases.
While the law of supply states that keeping other things constant there is a direct relationship between price and quantity supplied.
According to the law of diminishing marginal utility, the marginal utility derived from the consumption of each additional unit of good keeps declining as more and more unit of goods is consumed.
So, option D is the correct answer.
Answer:
At 7.5 weeks will bethe best time
it will yield a profit of 30.63 per tree
Explanation:
we will construct the formula:
p = 0.25 -0.01w
q = 100 + 10w
Now, using SOLVER we can determinate the maximum profit point at 7.5 weeks
we construct these formula in excel, we stablish we can change only the "w" and it will look for the answer.
Now we can determinate the profit at this point:
P = 0.25 - 0.01 ( 7.5) = 0.175
Q = 100 x 10 (7.5) = 175
175 x 0.175 = 30.625 = 30.63
Trusted friends are the best option here