Answer:
The appropriated answer will be "$1,700,000".
Explanation:
Revenue understood by completion percentage = Design balance throughout progress = $200,000
The percentage completion throughout the whole year will be:
⇒ 
⇒ 
The cost incurred throughout the whole year will be:
⇒ 
⇒ 
⇒
($)
Now,
The total estimated cost of the project at the end the year 2021 will be:
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⇒
($)
A free market economy is when the prices of supply and demand are free from the government. Meaning they can charge whatever they want and the government has to say. So answering your question they can just charge less if they felt like it since they have free reins of the prices.
A command economy is the opposite whereas supply and demand prices are determined by the government and the government only. The government would probably not change the prices because the government sucks.
(A mixed economy is the best way to achieve that)
The price of money borrowed or saves is called INTEREST.
When you borrow money, interest is also paid on the principal. When you save money, interest is earned on the savings. This is the price of money borrowed or saved.
If there is an increase in government spending, the new equilibrium will be at <u>B</u> holding everything else constant.
<h3>What is government spending?</h3>
Government spending can be the defined as the money spent on goods and service or money spent by government to provide services to the public.
An increase in government spending will tend to lead to increase the demand of goods and service which inturn means that consumption expenditure will as well increase.
Inconclusion the new equilibrium will be at <u>B</u> holding everything else constant.
Learn more about Government spending here:brainly.com/question/27232573
Moral entrepreneurs people who wage moral crusades to control criminal law so that it reflects their own personal values. Criminals are driven by unconscious thought patterns, developed in early childhood, that control <span>behaviors over the life course.</span>