Answer: $116
Explanation: Opportunity cost refers to the loss of profit by an individual or a firm when one chooses to go for best alternative instead of the second best alternative.
In the given case, John has two alternatives and if he chooses to go on the trip it would cost him the loss of $116 salary that he receives.
Thus the opportunity cost of going on the trip would be $116.
The demand curve will shift right.
(b.)The supply curve will shift right.
(c.)The demand curve will shift left
(d.)The supply curve will shift right.
(e.)The demand curve will shift left.
The demand curve is a graphical depiction of the connection between the cost of a commodity or service and the amount demanded over a specific time period. A common representation will have the price on the left-hand vertical axis and the amount needed on the right-hand horizontal axis. The law of demand states that, when all other factors are equal, the quantity demanded for a given good will decrease as its price rises as shown by the demand curve moving from left to right. Keep in mind that this formulation suggests that quantity is the dependent variable and price the independent variable. The independent variable often appears on the horizontal axis, or x-axis, although economics is an exception.
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Answer:
The account balance by the end of year 3 will be : $5,283.2
Explanation:
You are planning to deposit $2,000 into an account at the end of year 1 and $3,000 at the end of year 2. The account earns 4% interest.
The account balance at the end of year 1 = $2,000
The account balance at the end of year 2 = $2,000 x (1+4%) + $3,000 = $2,080 + $3,000 = $5,080
The account balance at the end of year 3 = $5,080 x (1+4%) = $5,283.2
Answer:
0.063 or 6.3% (or more)
Explanation:
Given:
Combined Tax Bracket = 30% = 30/100 = 0.30
Yields of corporate Bonds = 9% = 9/100 = 0.09
Yield to Shift Investors to choose municipal bonds = ?
Calculation:
Yield from corporate bond = (After tax yield) x Yield rate of corporate Bonds
= (0.70) x (0.09)
= 0.063 or 6.3%
Working note:
After tax yield = (1 - tax rate )
After tax yield = (1 - 0.30 )
After tax yield = (0.70)
so, they must give 6.3% yield
Answer:Implementing administrative controls Implementing engineering controls
Explanation:
