Answer:
It will be a nominal increase. Not a real increase in the purchase power of the persons
Explanation:
We will check for the effect of inflation:
18,000 x 251/218 = 20.724,77
18,000 dollars in 2010 have aprroximate the same purchase power of 20,725 dollars in 2018
Therefore, there was no real wroth in the GDP per capita from this time period.
It was all nominal increase, there was no improve in the purchase power of the consumer.
Answer: 28,000 tons
Explanation:
Given the following ;
Average Weekly need = 2,800 tons
Lead time = 10 weeks
Average amount of tons on order = 10 × 2800 = 28,000 tons.
The on order quantity may be explained as a purchase order indicating the status of ordered goods or items. These purchase order status is in effect once items goods ordered have been been perfected and in-transit. The purchase order status remains valid until the goods are received.
The lead time refers to the time range or period between the initiation and receipt or completion stage of an order.
Answer:
c) $714,285.71
Explanation:
The computation of the current value of this perpetual gift is shown below:
= (Scholarship fund provided next year) ÷ (discount rate - growth rate)
= ($25,000) ÷ (5.5% - 2%)
= ($25,000) ÷ (3.5%)
= $714,285.71
In order to find out the current value, we considered all the given information that are mentioned in the question
Answer:
a. is often not in the best interest of society.
Explanation:
A monopoly is when there is a single firm operating in an industry. This is usually so because of high barriers to entry of other firms.
Because a monopoly has only one firm in the industry, the firm sets prices to maximise profit. The firm earns economic profit in the short and long run.
The monopoly benefits the producer more than consumers. It is often inefficient and fails to maximise total welfare .
Because of these inefficiencies, government usually steps in to regulate the activities of a monopoly.
I hope my answer helps you.
Answer:
2018: 8 months
Depreciation= $916,67
2019: full year
Depreciation= $1375
Explanation:
Giving the following information:
Taco Hut purchased equipment on May 1, 2018.
Price: $15,000.
Residual value: $4,000
Useful life: 8 year
We need to calculate the depreciation for 2018 and 2019 using straight-line method:
Depreciation= (purchase price- residual value)/useful life
Depreciation= (15000-4000)/8= $1375
2018: 8 months
Depreciation=(1375/12)*8= 916,67
2019: full year
Depreciation= $1375
