For this question, you need to find out some basic information. We know that 12 months is a total of a year. First, add up the rent, plus the utilities.
320 + 80 = 400
Then, you will multiply the 400 by 12.
400 x 12 = 4,800
The likely yearly cost for this apartment would be 4,800.
:)
Answer:
The answers are:
- It lowers the opportunity cost of going to college
- The demand for college rises.
Explanation:
The opportunity cost can be defined as what you lose because when decide to choose a different alternative.
In this case going to college means losing the possible revenue (salary) you can get by working. If you can´t find a job, then your possible (salary) decreases, so the cost of opportunity of going to college lowers. Therefore the demand for attending college increases.
Answer: b) structural unemployment.
Explanation:
Structural Unemployment results from when the skills required by employers are not the skills that employees have. Also it occurs when there at a certain wage rate, there are more people wanting a job than the employer can afford to or wants to hire.
Imposing a minimum-wage law will increase the labor expense of employers so they will demand less workers. At the same time it will increase the number of people looking for work as they will see the minimum wage as an incentive. This would by definition therefore, lead to higher structural unemployment because there will be more workers than employers demand.
Answer:
a.- r= 6% Value: 23.40
b.- r = 8% Value: 11.70
c.- r = 11% Value: 6.69
d.- r = 12% Value: 5.85
e.- r= 19% Value: 3.12
Explanation:
We will calcualte the gordon model for the different rates of return:
Dividend_1 is next year dividends.
If dividends raise by 4% then:
0.45 x 1.04% = 0.468
<u>now we calculate for the different returns:</u>
Answer:
The study of decision making in situations where strategic interaction occurs between rivals.
Explanation:
Game theory looks at the interactions between participants in a competitive game and calculates the best choice for the player.
Game theory is usually practiced by firms in an oligopoly
An Oligopoly is when there are few large firms operating in an industry. While, a monopoly is when there is only one firm operating in an industry.
Oligopolies are characterised by:
price setting firms
product differentiation
profit maximisation
high barriers to entry or exit of firms
downward sloping demand curve
