<span>The basic economic problem will affect Bill Gates who is one of the the world's wealthiest people because scarcity of resources is more so related to goods and services, and not how much money one may have. While he may be able to buy all the goods and services he wants as many as he wants for a unlimited amount time, he could only have access to those things if they are available.</span>
Answer:
deduction for organizational expenses = $5,000
Explanation:
Since the total startup costs are over $50,000 then the company's deduction will be lower. Generally speaking, a company can deduct up to $5,000 in organizational an startup costs ($5,000 each). But if the costs are over $50,000, then your deduction will be reduced by $1 for each dollar over that threshold.
In this case, organizational costs were $9,500, so they can deduct $5,000 during the first year and $4,500 will be amortized over the next 15 years. Startup costs are $54,500, which means that they can only deduct $5,000 - ($54,500 - $50,000) = $500 during the first year. The remaining $54,000 must be amortized over a 15 year period. Total deduction during the first year = $5,000 + $500 = $5,500
Answer:
Quantity of oil bought & sold would depend upon relative change i.e increase & decrease in demand & supply respectively.
- ↑Dd = ↓Sy : Qty same
- ↑Dd > ↓Sy : Qty ↑
- ↑Dd < ↓Sy : Qty ↓
Explanation:
Libya is an exporter of Oil to China. It implies china's demand for oil is satisfied by Libya's imports.
Usual markets are at equilibrium when market demand = market supply, demand & supply curves intersect.
Political unrest in Libya decreasing oil production, would decrease supply (exported) of oil to China & sift supply curve leftwards. Simultaneously, increase in China demand for oil would shift the demand curve rightwards. These changes in demand, supply would create excess demand. Excess demand would cause competition among buyers & increase the new equilibrium price.
However, <u>Quantity </u>of oil bought & sold would depend upon relative change , shift in demand & supply. If increase in demand is equal to decrease in supply, the quantity would remain<u> same.</u> If increase in demand is more than decrease in supply, quantity will <u>increase</u>. If increase in demand is less than decrease in supply, the quantity will <u>decrease.</u>
Answer:
16.54%
Explanation:
We have to applied the rate formula that is shown in the attachment.
The NPER shows the time period.
Given that,
Present value = $2,500
Future value or Face value = $5,375
PMT = $0
NPER = 6 years - 1 years = 5 years
The formula is shown below:
= Rate(NPER,PMT,-PV,FV,type)
The present value come in negative
So, after solving this, the annual rate of return is implied is 16.54%