Answer:
900 or 9 hundred
Explanation:
Given that :
the supply curve = P = 5 + 0.1Q
the Demand curve = P = 20 – 0.2Q
The relation of both above yields the equilibrium price and quantity .
SO;
5 + 0.1Q = 20 – 0.2Q
5 - 20 = -0.2Q - 0.1Q
-15 = -0.3Q
Q = -15/-0.3
Q = 50 hundreds of unit per day
Q = 5000 per day
So;
P = 5 + 0.1Q
P = 5 + 0.1 (50)
P = 5 + 5
P = $10
Therefore; the equilibrium price is $10
the equilibrium quantity is 5000
Similarly; the portable radio imposes $2.70 per day in noise costs on others.
∴ in order to deduce the social marginal cost curve ,w e need to shift the private marginal cost curve up by $2.70 for every unit.
Now; the social marginal cost curve will be ;
P = (5 + 2.7) + 0.1Q
P = 7.7 + 0.1Q
In order to determine the social optimum ; we relate the social marginal cost with demand curve as follows:
7.7 + 0.1Q = 20 - 0.2Q
0.1Q + 0.2Q = 20 - 7.7
0.3Q = 12.3
Q = 12.3/0.3
Q = 41 hundred unit per day
Q = 4100 per day
Recall :
P = 7.7 + 0.1Q
P = 7.7 + 0.1(41)
P = 7.7 + 4.1
P = $11.8
Finally; the equilibrium number of portable radios rented is 5000 - 4100 = 900 or 9 hundred
The term that refers to the functions used to move products through the channel to the customer is distribution
The law of supply illustrates all the quantities of goods that producers are willing and able to sell at every possible price.
<h3>What is the law of supply?</h3>
The law of supply states that when prices increase, the quantity supplied increases and when price falls, the quantity supplied falls. This shows that price and quantity supplied are positively related. This explains why the supply curve is positively sloped.
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In general, real estate taxes are divided between the buyer and seller based on the number of days each party held (or will hold) the property during the tax year.
<h3>
What is Property tax?</h3>
- Real estate taxes and property taxes are the same things.
- They are levied on the majority of properties in the United States and paid to state and local governments.
- Property taxes (or real property taxes) generate funds that are generally used to help pay for state and local services.
- In general, real estate taxes are divided between the buyer and seller based on the number of days each party held (or will hold) the property during the tax year.
- Investors can defer taxation by selling a property investment and using the proceeds to buy another property in a 1031-like-kind exchange.
- Landowners can borrow against their current property's equity to make other investments.
Therefore, generally, real estate taxes for a tax year are divided between the buyer and the seller based on the number of days each party held (or will hold) the property.
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Answer:
the deferred revenue account is $2,900
Explanation:
The computation of the deferred revenue account is as follows;
= November sales - redemption of November and December month
= $4,350 - $435 - $1,015
= $2,900
Hence the deferred revenue account is $2,900
It could be come after applying the above formula
Therefore the correct option is 2nd
