Answer: the opportunity cost of $600
Explanation:
From the question, we are informed that Tina withdraws $20,000 from her money market account to start up her own house cleaning business and that over that time, the account would have earned 3 percent interest.
In order to properly account for all costs of her business, Tina must not forget the opportunity cost of $600. This is calculated as 3% of $20,000.
The opportunity cost is what Time had to forgoes in order to start her business.
Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
The PRIMARY function of banks in the United States is to?
ANSWER:
D. Provide checking and savings accounts to customers.
If Adidas lowers its price, there would be a shift to a shift in demand to the left.
An increase in the wages of labor would lead to a shift in supply to the left.
As a result of the report, there would be a shift in demand to the right.
The arrest of the celebrity will neither shift demand or supply.
A decrease in the price of Adidas' shoes will neither shift demand or supply.
<h3>What cause a change in demand?</h3>
- A change in consumers' expectation : when there is a favourable change in this factor, the demand curve would shift to the right. When the change is unfavourable, there would be a shift to the left.
- A change in the taste of consumers : when there is a favourable change in this factor, the demand curve would shift to the right. When the change is unfavourable, there would be a shift to the left.
- A change in consumer's income: : when there is a favourable change in this factor, the demand curve would shift to the right. When the change is unfavourable, there would be a shift to the left.
- A change in the price of substitute goods: when the price of the substitute good increases, the demand for the good would increase. The opposite is the case when the price of the substitute good decreases.
Here is the complete question:
Nike is wondering how Adidas's decision to lower its prices will affect Nike.
2. Apple, which makes the iPhone, is forced to pay its workers higher wages.
3. A new report indicates that eating hot dogs can prevent cancer.
4. Adidas decides to lower the prices of its shoes.
5. A celebrity who endorses Subway is arrested.
For more information about the change in demand, please check: brainly.com/question/25871620
If a tax is levied on the sellers of a product, then the demand curve will become flattered.
Option A. becomes flattered.
If a tax is levied on sellers of a product, then the supply decreases, the supply curve will shift to the left. The demand curve will not shift. This is shown in the following figure;
S+tax Price E1 pl p 0 q1 q Quantity х
In the above figure, the x-axis shows quantity and the y-axis shows the price. D is the demand curve and S is the supply curve. As a result of the tax, the supply curve will shift to the left. The price increases from p to p1 and quantity decreases from q to q1.
Learn more about levied at
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