Answer:
Option (a) is correct.
Explanation:
A demand curve is a graphical representation of various quantity demanded allocation at a different price level and there is a inverse relationship between the price of the commodity and the quantity demanded of that commodity.
As the price of a good decreases then this will result in an increase in the quantity demanded and on the other hand, if there is an increase in the price of the commodity then as a result the quantity demanded for that commodity falls.
Therefore, this relationship of price and quantity demand construct a downward sloping demand curve.
Explanation:
Given , $ 1=600 pesos
so, a person wants to buy an object that cost 4,800
let assume $=x
x=4,800/600=8
So the answer is$8
<u>$ 8= 4800 pesos</u>
Considering the situation described above, if country A has a comparative advantage in producing good X over country B, then: <u>the domestic opportunity cost of producing X in country A is lower than in country B.</u>
<h3>What is Opportunity Cost?</h3>
Opportunity cost is often used in economics to describe the profit lost when one choice or option is taken over another.
<h3>What is Comparative Advantage?</h3>
Comparative Advantage is the term used to describe the economy's capacity to produce a specific good or service at a lower opportunity cost than its trading competitors.
Therefore, given that country A has a comparative advantage in producing good X over country B, this equates to country A having a lower opportunity cost than country B.
Hence, in this case, it is concluded that the correct answer is option C.
Learn more about Opportunity Cost here: brainly.com/question/3611557
A stock has an expected return of 13. 24 percent, the risk-free rate is 4. 4 percent, and the market risk premium is 8. 98 percent. 0.75 is the stock's beta.
Calculate the beta for stock using the CAPM approach as follows:
Cost of common stock = Risk-free rate + Beta × Market risk premium
13% 7% + Beta x8%
13% 7% Beta × 8%
6% = Beta x8%
6% 8% Beta = =
=0.75
Therefore, the beta for stock using the CAPM approach is 0.75.
Market risk is the potential for loss to individuals or other companies as a result of factors that affect the overall performance of an investment in financial markets.
Learn more about market risk at
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Answer:
$92,620
Explanation:
The computation of the amount to be reported as the cost of the land is shown below:
= Cash paid to construct a small office building + demolished cost + attorney fee + real estate broker fee - sale of salvage materials
= $79,340 + $8,250 + $1,630 + $5,080 - $1,680
= $92,620
All that cost which is related to the land is to be recognized.
All other information which is given is not relevant. Hence, ignored it