It all dependes on the money you make and how big the payments are. as you can say you waited tell the day you where going to retire but you but 10,000 dollars in your saving every hour by the end of the day youd have 240,000 dollars in your retirement account.
C relative price » sub effect & income effect
Less money up front equals it to be better than renting an appartment
Answer:
The answer is "
".
Explanation:
First-year operational and maintenance costs
.
Operating and repair costs increase inwards
for the first year
N =15 years machine life
Interest
annually combined
Please find the image file.
Its single payment sequence is now provided by:


Uniform payment sequence 
Answer:
A). equal to marginal revenue.
Explanation:
A perfect competition is characterized by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.
In the long run, firms earn zero economic profit. If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.
Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.
Price = marginal revenue = average revenue