Answer:
$6,164
Explanation:
Given that,
Interest rate = 30%
Income earned from January 1 to January 15 = $20,000
Total income earned from January 1 through December 31, 2019 = $500,000
Therefore, the income does Carin report is calculated as follows:
= Total income × Time period × Interest rate
= $500,000 × (15 days ÷ 365 days) × 30%
= $500,000 × 0.041 × 0.3
= $6,164.38 or $6,164
Answer:
The economic order quantity to order for Mr Ben Bar and Restaurant is 7417 bottles
Explanation:
Annual demand D = 6,600 bottles
Ordering cost S = $25
Purchase price = $4
Holding cost = 15% of purchase price
Weekly demand = 132 bottles
Standard deviation = 20 bottles
Lead Time = 2
Using the EOQ model to find out economic order quantity for Mr Ben's Bar and Restaurant
Qopt = ......................(1)
Substitute the values in equation
Qopt =
Qopt =
Qopt = 7416.6198
Qopt = 7417 bottles
Hence, the economic order quantity to order for Mr Ben Bar nd Restaurant is 7417 bottles
Answer: the substitution bias
Explanation: The substitution bias shows the tendency of consumers of buying less costly good in place expensive one.
In the given case when the price of apple rises and the price of oranges falls then the consumer will purchase more of the oranges. In such a scenario the index will rise showing that the good which was purchased earlier by the consumers has risen however in the real world the consumer shave sifted their demand to a less expensive product.
Thus, it will lead to overstatement of substitution bias.
Answer:
E) government actions that reduce competition from international firms.
Explanation:
Quotas place a limit on the amount of goods that can be imported.
A tariff is a tax levied on imported goods.
Tariffs and quotas are imposed by the government and they limit the amount of import flowing into a country. This reduces the amount of competition from international firms.
I hope my answer helps you
Answer:
A & B
Explanation:
Your income is a asset to value the estimations of your loan application. The loan length, the repayments and negotiate a fixed or flexible interest rate among the loan, depending on the type.