To know how much will be you collection worth when you retire
in the year 2064, we will use the formula of the future value or FV.
To find the FV of a lump sum, we use:
<span>
FV = PV(1 +r<span>)^t where,</span>
t = 2064 – 1952 = 112
r = 4.5 x 100 = 0.45
PV = $54
Solution:
t<span>FV = $54(1.045)^112 = $7471.68</span></span>
Answer:
<h2>The answer in this case would be the last option in the answer list or options given in the question or falls equally on buyers and sellers in the short run but not the long run.</h2>
Explanation:
- In Microeconomics,elasticity level of supply usually has an inverse or negative relationship with the tax burden in the market.
- Therefore,higher elasticity of supply among the sellers or firms implies that they are relatively more sensitive or responsive to any price change in the market and would not be much willing to accept the burden of the tax which is reflected by an increase in the production cost of output or acceptance of a lower relative price for the output sold.
- Hence,the sellers or firms will reduce the quantity supplied of the output considerably in the market due to the tax imposition in the long run.Thus,even if the tax burden might be equally distributed among both the consumers/buyers and sellers/firms,the buyers/consumers will have a higher tax burden in the long run than the sellers/firms due to higher price elasticity of supply in the long run.
Answer:
False
Explanation:
The cost incurred to startup the business before realization of benefit from the business is called startup cost.
On the other hand organization cost ia a cost which is incurred to organize the business operations.
Startup cost can be amortized over a specific period of time. But the organizational cost is charged when it is incurred, it can not be amortized.
Location or which street they are on so if the people u are sending this to need to send something back then u should out your address.
Answer:
(A) when output increases, the firm spreads its total fixed cost over a larger output
Explanation:
The average fixed cost will decrease as the output increase because the company allocate ths cost over a larger amount making the weight on each unit decrease:
Using math we can determinate that the fixed cost tend to zer oas higher increase the amount of quantity produced.
