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iris [78.8K]
3 years ago
6

Which of the following best explains the purpose of a demand schedule

Business
1 answer:
garri49 [273]3 years ago
6 0

Answer:

D. To show the level of demand at various prices

Explanation:

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When you buy a house, what is the ball-park figure you should use for the price of the house
Advocard [28]
Buying a home is a big commitment. For most of us, it will be the biggest purchase we make in our lifetime. According to the National Association of Realtors, it also usually ties us to one place for about 12 years. Of course, the process is about more than finding a home you like. It’s about finding a home you can afford and enjoy for years to come. And the price tag you see isn’t the full story. It’s important to consider all of the financial factors of home ownership before you sign any dotted lines. Here are five costs to consider before buying a home this year (or any year!).
7 0
3 years ago
Sprockets Corporation is thinking about replacing a piece of manufacturing equipment with a remaining useful life of six years.
joja [24]

Answer:

B) increase its net income by $7,000

Explanation:

If Sprockets replaces the equipment:

  • salvage value of old equipment $29,000
  • new depreciation costs ($125,000 - $25,000 = $100,000)
  • money saved using new equipment $13,000 per year x 6 years = $78,000

total benefit of buying new equipment = $29,000 - $100,000 + $78,000 = $7,000

7 0
3 years ago
A test is scheduled for Monday morning, but you went to a party on Saturday night. If you hadn't attended the party, you could h
Neporo4naja [7]

Answer:

C) The opportunity cost of going to the party is both the movie and the study time.

Explanation:

Opportunity costs are the costs (or lost benefits) from choosing one alternative activity or investment over another.

In this case, if you decide to go to the party on Saturday night, you will not be able to go to the movies and you will not be able to study for your exam.

6 0
4 years ago
Mutual fund A earned 10 percent while B earned 8 percent. The standard deviations of the returns were 10 percent and 7 percent,
Lesechka [4]

Answer:

Explanation:

The Sharpe ratio is given by:

(Return of portfolio - risk free rate) / standard deviation.

6 0
3 years ago
Gilbert needs $600,000 (in today's dollars) when he retires in 20 years to open a lakefront bed and breakfast. He has saved $150
Basile [38]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Gilbert needs $600,000 (in today's dollars) when he retires in 20 years to open a lakefront bed and breakfast. He has saved $150,000 (current balance) toward this goal. Gilbert anticipates the annual inflation rate over the 20 years will be 4%, and that he can earn an after-tax return of 8% on any invested funds.

First, we calculate the future value of the lump sum:

FV= PV*(1+i)^n

FV= 150,000*1.04^20= 328,668.47

Now, we determine the future value required in annual deposits:

Rest= 600,000 - 328,668.47= 271,331.53

We need to use the following formula to calculate the annual deposits:

A= {(FV*i)/ {[(1+i)^n] - 1]} / (1+i)

A= {(271,331.53*0.04) / [(1.04^20) - 1]} / 1.04

A= $8,761.33

6 0
4 years ago
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