Answer:
Savings prepare for emergencies
Explanation:
They really do
Answer: The following statement is correct:<u><em> The dead-weight loss of the tax is $12.50.</em></u>
We can compute Dead-weight loss as :
Dead-weight loss = × [Quantity before tax - Quantity after tax]×[ - ]
∵ Tax revenue= Tax × Quantity after tax
⇒ Quantity after tax =
⇒Quantity after tax = 950
∴ Dead-weight loss =
⇒ Dead-weight loss = 12.50
<u><em></em></u>
<u><em>Therefore the correct option is (d)</em></u>
Answer:
Opportunity cost refers to value of sacrifice one make for making a particular decision. Here, the cost of opportunity of leaving a job to start a business will be = Salary lost due to starting a business + Money initially spend on setting up of business + interest lost on initial investment (which you could have otherwise earned had you invested the money elsewhere) - potential profit from the business
<em>Calculating the annual opportunity cost</em>
Salary lost per year = $50,000
Money initially spend = $100,000
Let us assume the interest rate to be 2% and at this rate as i have not spend the money on starting the business. So interest per year = 100,000 * 2 * 1 / 100 = $2000
Thus, opportunity cost = $50,000 + $100,000 + $2000 - potential profit from the business. So therefore, Opportunity Cost is $152,000 - potential profit from the business per year.
Im a firm believer that your children need to start out at an early age and give them more responsibility as they get older, and by the time they are 18 they have the capability of carrying on they're parents buisness,
so basically A
Answer: are areas of high and low capability.
Explanation:
Strength and weakness are areas of high and low capability. Some examples of the strengths that an organization has include large market share, strong employee attitudes, economies of scale, hug integrity etc. These gives an organization an edge over its rivals.
The weakness of an organization makes such organization lag behind its rivals.