Answer:

And we can solve for y and we got:

And using condition (1) we can solve for x and we got:

So then the minimum cost for this case would be:

Explanation:
For this case the graph attached illustrate the problem for this case
We know that the total area is 60000, so then we have:

If we solve for x we got:
(1)
Now we can define the cost function like this:


We can use the condition (1) and if we replace in the cost function we have:

Since we need to minimize the cost, we can derivate the function in terms of y and we got:

And we can solve for y and we got:

And using condition (1) we can solve for x and we got:

So then the minimum cost for this case would be:

Answer:
real GDP will remain the same and price level will increase
Explanation:
Answer:
I will take $36,230.5 to pay for the education of child.
Explanation:
Cash Invested in the saving account will earn a return of 8% each year and this amount could be withdrawn by the me to pay for the education of child.
We will use following formula to calculate the annual payments
P = r ( PV ) / [ 1 - ( 1+ r )^-n ]
where
PV = amount of investment = $120,000
r = rate of return = 8%
n = number of period = 4 years
P = 8% ( 120,000 ) / [ 1 - ( 1 + 0.08 )^-4 ]
P = 36,230.5
Fixed cost remained constant regardless of how many products are sold. Fixed cost is a cost behavior which always emerged regardless of the quantity product sold. Machine depreciation expense, insurance expense, and rent expense are several examples of this cost behavior. On the contrary, variable cost is an another type of cost behavior that changes relating to the quantity of the sold product.
If these were the given choices:
A) Wells Fargo
B) Countrywide
C) J.P. Morgan Chase
D) Bear Sterns
My answer would be C) J.P Morgan Chase
The SEC filed civil false-certification charges against J.P Morgan Chase because they misled investors into investing in a complex mortgage securities transaction during the time when the housing market was starting to go down.
J.P Morgan Chase agreed to pay a settlement that will reimburse the affected investors their total investments.