Answer:
supply.
Explanation:
Supply is the volume or quantity of a product that is available for customers to buy. It is what suppliers have presented in the markets for sale. As per the supply law, an increase in prices will lead to an increase in the quantity supplied.
There can be a shortage, excess, or equilibrium supply. A short supply or shortage is when the available products cannot meet the current market demand. An excess or surplus supply is when the available quantity is more than the market requires. At equilibrium, the supply matches the market demand.
Answer:
$56,703
Explanation:
P=R(1-(1+i)^-n/i
Where P=500,000
R=?
i=10%
n=15
500,000=R(1-(1+.1)^-15/.1
R=500,000/7.61
R=$56,703
Answer:
$66,000
$304,000
Explanation:
The computation is shown below:
Total implicit cost is
= Job left cost + forgone the return on investment
= $60,000 + $100,000 × 6%
= $60,000 + $6,000
= $66,000
And, the total cost is
= explicit cost + implicit cost
= $50,000 + $180,000 + $8,000 + $66,000
= $304,000
We simply applied the above formulas so that the correct values could come
Answer:
Recourse debt.
Explanation:
Cancelled recourse debt are included as income and are taxable. Taxpayer get the benefit for using the money but does not have burden to repay the amount. These are mainly, prizes, awards on winning any contest etc. Debt which are forgiven or cancelled by lender are considered as Income and taxable. The law say that income from discharge of indebtness are included as income.