1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
hodyreva [135]
3 years ago
7

Determine the price in period 1 (the future) if 30 units of oil are consumed in period 0 (the present).

Business
1 answer:
Dovator [93]3 years ago
8 0

Answer:

$16.50

Explanation:

Note: The complete question is attached as picture below

We know that there is a total of 90 units of oil and 30 units is consumed in period 0.

So, in period 1, the consumption amount will be = 90-30=60 units.

So, Q1 = 192 - 8P

For 60 units, the price will be 60 = 192 - 8P

8P = 192 - 60

8P = 132

P = 132 / 8

P = 16.5

So, the price in period 1 is $16.50

You might be interested in
2
GarryVolchara [31]

Answer:

intermediate goods or consumer goods

Explanation:

8 0
3 years ago
Barin Retail Outlets incorrectly recorded inventory in 2016. Rather than recording ending inventory as​ $960,000, Barin's accoun
Dennis_Churaev [7]

Answer:

Please see attachment

Explanation:

Please see attachment

8 0
3 years ago
Organizations that rely on a few major customers may organize their people and resources by client. This is an example of ______
Rom4ik [11]

Any organization that organizes their people and resources by client because it relies on a few major customers shows an example of <u>customer departmentalization</u>.

<h3>What is departmentalization? </h3>

Departmentalization is an effort by an organization to achieve some common purpose, coordinate its effort, ensure division of labor, hierarchy of authority, and centralize/decentralize and formalize its operations.

There are four basic types of departmentalization (function, product, customer, and geography). Customer departmentalization depends on the difference between the customer segments so that specialized services could be offered to each segment.

Thus, such an organization is an example of <u>customer departmentalization</u>.

Learn more about departmentalization at brainly.com/question/25823018

6 0
2 years ago
Travis International has a debt payment of $2.34 million that it must make 6 years from today. The company does not want to come
Nataliya [291]

Answer:

$27,692.31

Explanation:

Principle amount = $2.34 million = $2,340,000

Time, n = 6 years = 72 months

Rate of interest = 5.33%

Monthly rate of interest, r = 5.33% ÷ 12 = 0.44% = 0.0044

Compounded monthly

FV of Annuity = ( Monthly deposits ) × { [ ( 1 + r )ⁿ - 1 ] ÷ r }

or

$ 2,340,000 = ( Monthly deposits ) × { [ ( 1 + 0.0044 )⁷² - 1 ] ÷ 0.0044 }

or

$2,340,000 = ( Monthly deposits ) × { [  1.3718 - 1  ] ÷ 0.0044 }

or

$2,340,000 = ( Monthly deposits ) × [ 0.3718 ÷ 0.0044 ]

or

$2,340,000 = ( Monthly deposits ) × 84.5

or

Monthly deposits = $27,692.31

7 0
3 years ago
Read 2 more answers
What is the primary role of consumers in a free market economy?
S_A_V [24]

Answer:

The consumer is the one who pays to consume the goods and services produced.

Explanation:

As such consumers play a vital role in the economic system of a nation. In absence of effective demand the producers would lack a key to motivation

4 0
2 years ago
Other questions:
  • They have fixed costs of £200 per month Each item's raw materials cost £50 The items sell for £150 each
    5·1 answer
  • The system that sorts packages in the FedEx Super Hub is called _________________________.
    6·2 answers
  • If a good that generates negative externalities were priced to take these negative externalities into account, its A. price woul
    14·1 answer
  • What is the name of the diagram that shows physical needs must be met befroe all other needs and wants?
    8·1 answer
  • The balance sheet below is for the First Federal Bank. Assume the required reserve ratio is 20 percent.
    9·1 answer
  • A firm receives a cash flow from an investment that will increase by 10 percent annually for an infinite number of years. This c
    13·1 answer
  • . Sam Rothstein wants to borrow $15,500 to be repaid in quarterly installments over five years at 16% compounded quarterly. How
    5·1 answer
  • Analyze Life Force Fitness, Inc.
    9·1 answer
  • At the end of the year, actual Logistics Department variable costs totaled $296,700 and fixed costs totaled $437,950. The Atlant
    5·1 answer
  • A machine has a cost of $15,000, an estimated residual value of $3,000, and an estimated useful life of four years. The machine
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!