Answer:
The right choice is "3 Correctly ignored a sunk cost"
Explanation:
As the ticket to the opera was already bought and it is nonrefundable, nonexchangeable, and nontransferable; whether Van decides to go to the opera or to go to the party with Amy; he has incurred $100 cost of ticket which can not be recovered in any manner.
The ticket cost in this question is categorized as sunk cost - cost that incurred in the past and will be remained the same regardless of any future actions. Thus, this type of cost should be ignored when making decision for the future.
So, "3 Correctly ignored a sunk cost" is the correct choice.
Answer:
it's enjoy property
Explanation:
<h2>enjoy property</h2><h3>enjoy property</h3>
enjoy property
enjoy property
Answer:
The correct answer is option B.
Explanation:
In a perfect competition firms are price takers and have only normal profits. On the contrary, a monopoly firm are price makers and can have positive profits.
The consumer surplus gets reduced in monopoly and the producer surplus is greater. The profits in the monopoly firm shows the transfer of surplus of benefits from consumers to the producer.
So, option B is the correct answer.
Answer:
<u>Monthly housing payment 2,033.22</u>
Explanation:
We need to calculate the monthly cuota of the mortgage
It will be the cuota of a 30 year annuity at 7.5 rate
We should convert the year in month and the rate in monthly, because the payment are monthly.
time= 30 year so 30 x 12 = 360 months
rate = 0.075 / 12 = 0.00625 monthly
Present Value = 225,000
C = $1,573.23
Now we will calculate the propert taxes, insurance per month
2,050 / 12 = 170.83
530 / 12 = 44.16
1,573.23 + 170.83 + 44.16 + 245 = 2,033.22
Answer:
E. They are problems and resources that most people have experience with or can relate to.
Explanation:
- Such problems and resources are most commonly found in day to day lives. People can easily relate to them as they are simple and common in the workplace.
- They are associated with the resources of particular problems. This making them a subject of practice it becomes easy to use them for teaching and other purposes. Such as enlightenment and giving advice.