Answer:
b. Borrow $2,500
Explanation:
Preliminary balance = $12,000 + 30,000 - $34,500 = $7,500
Amount to borrow = Minimum cash balance - Preliminary balance = $10,000 - $75,000 = $2,500
Therefore, to maintain the $10,000 required balance, during June the company must $2,500.
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Answer:
False
Explanation:
Extrapolative expectations refer to an expectation in which there is a continuation of trend that means if the price of a property rises, then the demand is also rising and it pushed for more prices also there is a condition when the price is falling so it would also decrease in the market supply also it pushed out down
So the given statement is false
;
Answer:
<u>a. $25</u>
<u>b. & c. $45, $25, $0</u>
Explanation:
a. To charge the same price to each of his customers, Jonas will charge the least amount= $25 (offered by Zander)
b. Consumer surplus
I) For Xavier = $70 - $25 = $45
II) For Yasha = $50 - $25 = $25
III) For Zander = $25 - $25 = $0
c. Producer Surplus
I) For Xavier = $70 - $25 = $45
II) For Yasha = $50 - $25 = $25
III) For Zander = $25 - $25 = $0
Ten customs gold units is worth $4.00 us
