Answer:
The present worth of aircraft = $29137.82
Explanation:
Given the cost of money (r ) = 10%
The initial cost of small aircraft = $35000
Annual repair and maintenance costs (A) = $20000
Salvage valaue = $10000
Now calculate the present value of aircraft by adding the initial cost of annual maintenance and salvage value and subtracting the initial cost.
When moving up along an existing supply curve all variables other than price are held constant
Bks, incorporated has a research and development (r&d) facility in the arizona desert. only authorized persons are allowed in the facility and all employees and guests must sign a non-disclosure agreement. bks likely considers the ideas of the people in their r&d division to be: <u>trade secrets</u>
"One disadvantage of discretionary fiscal policy is that it can return the economy to its potential level of output but at the cost of increasing the price level." This statement is TRUE.
The main limitations of discretionary fiscal policy are: (1) Information lag: Governments must have the relevant and reliable data they need to change taxes and government spending. Collecting, classifying, aggregating, and analyzing data takes a long time.
Trade-offs – Trade-offs can occur when a government adopts a combination of expansionary and contractionary fiscal policies. When a country wants to increase spending and raise more money to fuel economic growth, it can issue bonds to its citizens.
Learn more about discretionary fiscal policy here: brainly.com/question/27936770
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Answer:
The correct answer is letter "E": diminishing marginal utility.
Explanation:
The Law of Diminishing Marginal Utility states that the more you use a good or service, the less pleased you will be with each use or use that follows. The law of diminishing utility is a key principle in assessing consumer preferences. This assumes consumers are rational and spend money in such a way as to maximize their contentment with each subsequent unit without impacting their overall enjoyment negatively.