Answer:
Estimated monthly total is: 24,974
Explanation:
Living expenses- $5,378
Healthcare expenses-$9,596
long-term care expenses- $10,000
Estimated monthly total is 24,974
Answer:
Net income increase - $4,890
Explanation:
The computation of the effect on net income is shown below:
= Number of pounds of inferior product × (standard price for the materials - inferior product price per pound)
= 3,000 pounds × ($13 - $11.37)
= 3,000 pounds × $1.63
= $4,890 increase
For determining the effect we took the difference of the prices and then multiply it with the number of pounds of the inferior product
The demand curve for a perfectly competitive firm is completely elastic and a horizontal line. Monopolistically competitive demand curve is downward sloping and is more elastic than monopoly because there are more substitutes.
Answer:
Motion.
Explanation:
Motion can be defined as a change in location with respect to a reference point.
This ultimately implies that, motion would occur as a result of a change in location (position) of an object with respect to a reference point or frame of reference i.e where it was standing before the effect of an external force.
Mathematically, the motion of an object is described in terms of acceleration, time, distance, speed, velocity, displacement etc.
