Answer: (C) Cost that represents the value of resources used in production for which no monetary payment is made
Explanation:
The implicit cost is one of the type of economical cost which represent the resources values in the production.
In the implicit cost no monetary payment is made that is actual payment in the opportunity cost.
Implicit cost is also known as national cost and the implied cost. The implicit cost refers to the cost which is using in the form of asset rather than selling it and this term is also refers to the foregone income.
Therefore, Option (C) is correct.
The economy of the United States is in many ways influenced by the principles that are found in the Bill of Rights, the Declaration of Independence and the Constitution. If this was not the case, many aspects of daily life would be different.
For example, the economy of the country rests on the idea that all people are equal. Because of this, all people are allowed to participate in the economy, establishing businesses and buying and selling things. This is an idea that is found in the Declaration of Independence. Another idea found in this document is that people have the right to the pursuit of happiness. Because of this, people are allowed to chase their dreams and to try to obtain money to fund these. Finally, the Constitution establishes that government has limits, and because of this, it cannot interfere in the economy or in markets in any way it wants. All of these characteristics ensure that the economy functions in a way that allows you and others to benefit from it and use it to build your future.
The intrinsic rate of the atriobventricular (av) node is 40 to 60 beats per minute (bpm).
<h3>What is the rate for beat for av?</h3>
The arteries and veins are medium of transportation of material and nutrients in the body.
They beats 40 to 60 times in a minutes to show activeness in an individual.
Therefore, the intrinsic rate of the atriobventricular node is 40 to 60 beats per minute (bpm).
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Answer:
$7052.13
Explanation:
We can calculate the present value of money equivalent of $8,250 two years later by applying present value formula
DATA
Future value = $8,250
Interest rate = 4%
Number of periods = n = 2 years x 2 times a year = 4 times
Present value =?
Solution
PV = 
PV = ×\
PV = $7052.13
