If a shopkeeper starts to sell the new football, their weekly margins would be:
300 x 40 = $12,000
However, the sales of the lower cost footballs will decrease by:
100 x 20 = $2,000 every week
Hence, the total margin we can generate by selling every week by selling the new footballs is:
12,000-2,000 = $10,000
This means the shopkeeper should actually start selling new footballs since their shop will become more profitable
Answer: Lower
Explanation: A shortage occurs when there are less available in the market. When the current price is less than the equilibrium price, the demand for the good is greater than the supply for the good. When demand is more than supply, the buyers are unable to get the goods they want. Thus, there is a shortage in the market.
Thus, if a shortage exists in the hamburger market, then the current price must be <em>lower </em>than the equilibrium price.
THE QUESTION:
You have been put in charge of the taxation of the Mars colony. You need to decide how to tax the citizens of the colony.Will you institute a progressive, regressive, or a flat tax on income? Will you institute excise taxes? If yes, what goods and services will you tax and why? Will you institute sales taxes, property taxes, or VAT on goods?
Explanation:
I am not good at these terms, but
I would not use a flat tax, as I know that it would make lot's of people's life harder, from the middle class, to lower class, that might put people in financial struggles. Instead, I would charge different taxes on people, judged on their income. That would help lot's, and would be a good deed. Also, I will also use property taxes, because most of the time, if you didn't have money to spare, you wouldn't spend it on a house, right? I might have sale taxes, which I would say depends on how much I need as a government on MaRs! :|)
Answer:
a. 11.30%
Explanation:
Cost of equity = Risk free rate + beta ( market risk premium)
Cost of equity = 5% + 1.05 ( 6%)
Cost of equity = 11.30%
*In finance, the cost of equity is the return (often expressed as a rate of return) a firm theoretically pays to its equity investors, i.e., shareholders, to compensate for the risk they undertake by investing their capital. Firms need to acquire capital from others to operate and grow.
From 2006 to 2018, the average annual growth rate of total factor productivity in the united states was <u>0.4</u> %
- The geometric progression ratio that offers a consistent rate of return across the time period is referred to as compound annual growth rate in the context of business and investing.
How is the average annual growth rate determined?
- By considering the average income for a specific time period, annual growth rates are determined.
- The finishing value of an investment or asset is divided by the asset's initial value in the yearly growth rate calculation.
- You get a decimal point that can be converted into a percentage when you take one out of this amount.
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