Answer:
C. His opportunity cost of one watermelon is 2/3 of a cantaloupe.
c. Fewer households can afford luxury imports
Step-by-step explanation: Opportunity Cost is an economic term used to describe the benefits or profits which a person or an investor gives up in order to make choice between alternatives.
Recession is a term used in economics to refer a state of decline in the general productive economic activities of a country or an economy, it is also the state of an economy where the Gross domestic product (GDP) growth is in the negative.
Answer:
i think it's A if I'm wrong then wow
If each of the 28 students made at least $25, you would multiply 28 and 25 together to obtain the least amount of money the class raised. That gets, 28x25 = 700. The class made at least $700.
That is an annuity and use the attached formula.
Total = 300 * [(1.055)^11 -1] / .055 -300
Total = 300 *
<span>
<span>
<span>
1.8020924036
</span>
</span>
</span>
-1 /.055 -300
Total = 300 *
<span>.8020924036 / .055 - 300
</span>Total = 300 *
<span>
<span>
<span>
14.5834982473
</span>
</span>
</span>
-300
Total =
<span>
<span>
<span>
4375.0494741818
</span>
</span>
</span>
-300
Total =
<span>4075.05
</span>