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Elenna [48]
2 years ago
14

Assume you are running a paid campaign and your original budget was $50,000 for the month. It's a 31-day month and you have spen

t $20,000 so far on days 1 - 11. On day 12, your client changes the monthly budget to $75,000. What should your new daily budget be?
Business
1 answer:
mash [69]2 years ago
8 0

Answer: $2750

Explanation:

The original budget was $50,000 for the month, $20,000 has been spent already after which there was a revision of the monthly budget to $75,000.

Since $20000 has been spent, the remaining budget will be:

= $75000 - $20000

= $55000

Also, the money was spent for 11 days, therefore the number of days remaining will be:

= 31 - 11

= 20 days.

Therefore, the new daily budget for the month will be:

= $55,000 / 20 days

= $2,750

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Answer:

substitution effect The supply curve slopes upward because at a higher price, producers have an incentive to produce more.

Explanation: Google

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3 years ago
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How do you think each of the following affected the world price of oil? (Use basic demand and supply analysis.)
My name is Ann [436]

The correct answer is the following.

A) Tax credits were offered for expenditures on home insulation. Affected the demand by decreasing it and the price decrease.

B) The Alaskan oil pipeline was completed. Affect the increase of supply and the price and the price decreases.

C) The ceiling on the price of oil was removed. Affect the decrease in demand and the price varies.

D) Oil was discovered in the North Sea. Affect the supply by increasing it and the price decreases.

E) Sport utility vehicles and minivans became popular. Affect the increase of the demand and the price increases.

F) The use of nuclear power decreased. Affect the increase of the demand and the price increases.

Many variables affect the price of oil. International prices are modified constantly and countries should have their provisions in order to prevent drastic changes to their economies due to the fluctuation of international oil practices. The important thing to consider is that not only economic factors affect the price of oil, but also political factors.

6 0
2 years ago
Julie and Barry Spinos purchased a house for $96,400. They made a 25 percent down payment and financed the remaining amount at 5
Alinara [238K]

Answer: $79.30

Explanation:

Cost of the house = $96400

Down payment = 25% × $96400 = $24100

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Interest = 5.5%

Time = 5 years

Monthly payment.= $410.66

The interest for first payment will be:

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= $72300 × 0.055 × 0.08333

= $331.36

Therefore, the amount of the first monthly payment is used to reduce the principal will be:

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5 0
2 years ago
Question 9 (1 point) The consumption functions shows a Question 9 options: negative relationship between consumption and disposa
evablogger [386]

Answer:

positive relationship between consumption and disposable income

Explanation:

The consumption function shows the relationship between consumer spending and disposable income.

the formula used to calculate consumption function is:

C = A + MY

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The consumption function has a upward slope since the relationship between consumer spending and disposable income is always positive, i.e. the more disposable income you have, the more you will consume.

4 0
3 years ago
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Komok [63]

Answer:

Option B,$0 profit is the correct answer.

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3 years ago
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