Answer:
The high school student should analyze the point at which the marginal cost equals the marginal benefit.
In other words, he or she should see if the increased costs of attending Petesburg University are more or less equal to the increased benefit that is gained from graduating from a more prestigious university.
The student should also analyze the possible opportunity cost in the future. Attending amore renowned college can result in better job prospects than doing otherwise. Higher salaries in the future could be given up if he or she chooses the cheaper option.
Answer:
Perfect competition is an ideal type of market structure where all producers and consumers have full and symmetric information, no transaction costs, where there are a large number of producers and consumers competing with one another. Perfect competition is theoretically the opposite of a monopolistic market.
Explanation:
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Answer:
$4,044
Explanation:
Calculation for how much of the taxes will be credited to the buyer
First step is to divide the annual taxes by the numbers of days in a year
$8,200 / 365 days
= $22.466 per day
Second step
Based on the information given we were told that the Seller's ownership started from January 1- June 29 which gave us 180 days, this means that we would multiply $22.466 per day by 180 days in order to know how much of the taxes will be credited to the buyer
Hence,
Amount credit to the buyer=180 days
x 22.466
Amount credited to buyer= $4,044
Therefore the amount of the taxes that will be credited to the buyer will be $4,044
Answer:
The old man was stuck in the rare chance
