Answer:
$50
Explanation:
Net income will be the difference between the selling price and the Cost price.
Cost price is $1000
net profit margin is 5%, selling price will be
=$1000 + profit margin
= $1000 + (5/100 x 1000)
=$1000 + $50
=$1050
Net income = $1050 -$50
=$50
So here is the answer of the given question above:
In terms of economics, Harber's process takes a huge amount of capital. Initially, the process demands for a very high pressure and this is very expensive to produce. Second, the company would need to establish extremely sturdy pipes and containment vessels to endure the very high pressure, in order to produce this required condition; the building process is very costly as well as the maintenance. Hope this answer helps.
Answer:
C. inefficiences may be concealed in the past performance.
Explanation:
A major drawback of using historical results for judging current performance is that inefficiences may be concealed in the past performance.
Answer:
Consumer surplus is $15.99.
Explanation:
Melanie decided to buy a coat priced $79.95.
When she brought a coat to the sales clerk, she found out that it is on a 20% discount and she has to $15.99 less than the original price.
This means that her consumer surplus is at least $15.99.
The consumer surplus is the difference between the maximum price a consumer is willing to pay and the price it actually pays.
Melanie was willing to pay $79.95. But she actually paid $63.96. The difference between the two is $15.99.
Harry starts receiving reduced retirement benefits at age 62. These benefits increase when he reaches the normal retirement age.
Retirement is the cessation of one's employment, occupation, or active working life. Another way to semi-retire is to work fewer hours or with fewer jobs. When they are old or unable to work due to health issues, many people decide to retire. A person may become eligible to receive superannuation or other government benefits, such as a state pension, at retirement age, which is often the age at which they are expected or obligated to stop working.
If you were born between 1943 and 1954, you can retire at the full age of 66. If you were born between 1955 and 1960, your full retirement age will steadily rise until it reaches 67. Full retirement benefits begin to accrue for people born in 1960 or later at age 67. The entire retirement age is displayed in the following table per birth year.
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