Law of supply and demand, increase, down, decrease
Answer:
A. At the current level of production, the firm is making a profit of $3,000.
Explanation:
Units produced at first scenario 1500
Units produced at second scenario 2000
$3.5 average cost
$4 marginal cost
$5 marginal revenue x 2000 units=$10.000
(-) $3.5 x 2000 units =$7.000
_____________________________________
Profit =$3000
I would rather invest in an unregistered private stock cause it private an not know to other people
Answer:
Here we need to find the length of an annuity. We know the interest rate, the PV, and the payments. Using the PVA equation:
PVA =C({1 – [1/(1 +r)t]} /r)
$14,500 = $500{[1 – (1/1.0155)t] / 0.0155}
Now we solve for t:
1/1.0155t = 1 − {[($14,500)/($500)](0.0155)}
1/1.0155t= 0.5505
1.0155t= 1/(0.5505) = 1.817
t = ln 1.817 / ln 1.0155 = 38.83 months
<u>Account will be paid off in 38.83 months.</u>
Answer:
hyyrdchiknfdfjknvffuonfsrhkknvcdjkbvdhnkvcc
