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3 years ago

10

In a market without price controls, producers charge ____ for their goods and services. This price allows producers to supply th

e same amount of products as consumers demand.
prices above the equilibrium price

equilibrium prices

prices below the equilibrium price

1 answer:

777dan777 [17]3 years ago

3 0

Answer:

equilibrium prices

Explanation:

yeah-ya

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Svetlana won $1,000,000 in a contest, to be paid in twenty $50,000 payments at yearly intervals, the first payment paid at the t

goldfiish [28.3K]

Answer: 31155.5

Explanation:

The following can be deduced from the question:

Money won = $1,000,000

Installments made yearly = $50,000

Interest rate = 5%

The yearly deposits made by Svetalana will be: = 500000-x

The future Value of the yearly deposits made by Svetalana will be:

= (50000-x) × (1/(1.05) + (1/(1.05)^2 .....(1/(1+0.05)^20))

= (500000-x) × 33.066

We should recall that the interest from the question is equated to x. This will be:

33.066 × (50000-x) × 0.05 =x

1.6533(50000 - x) = x

82665 - 1.6533x = x

2.6533x = 82665

x = 82665/2.6533

x = 31155.5

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4 years ago

Which of the following statements are true?

kkurt [141]

Answer:

D- income statement accounts are temporary accounts and do not retain their balances from one period to the next.

Explanation:

quizlet

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2 years ago

Tobin starts a catering company of his own and earns a substantial profit in the first year itself. His total earnings are more

Nastasia [14]

Answer:

The correct answer is: greater financial success.

Explanation:

Entrepreneurship brings many advantages to individuals who decide to go on with their ventures. Personal freedom, working at your own schedule, being your own boss, total control over decisions, and greater income are some of them. The disadvantage relies on the fact that all the responsibility relies on one person and working hours are likely to increase.

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4 years ago

Recently, a certain bank offered a 5-year CD that earns 3.26% compounded continuously. Use the given information to answer the q

Maru [420]

Answer:

a. The CD will worth<u> $35,311 </u>in five years.

b. It will take <u>12.44 years </u>for the account to be worth $45,000.

Explanation:

a) If $30,000 is invested in this CD, how much will it be worth in 5 years?(Round to the nearest cent.)

This can be determined using the formula for calculating the future value (FV) compounding formula as follows:

FV = PV * e^(rn) ................................... (1)

FV = Future value in five years = ?

PV = Present value of amount invested = $30,000

e = Mathematical constant approximated as 2.7183

r = Interest rate = 3.26%, or 0.0326

n = number of years = 5

Substituting the values into equation (1), we have:

FV = $30,000 * 2.7183^(0.0326 * 5)

FV= $35,311

Therefore, the CD will worth<u> $35,311 </u>in five years.

(b) How long will it take for the account to be worth $45,000?(Round to two decimal places as needed)

Also, using equation (1) part a, we have:

FV = Future value in n years = $45,000

PV = Present value of amount invested = $30,000

e = Mathematical constant approximated as 2.7183

r = Interest rate = 3.26%, or 0.0326

n = number of years it will take to have $45,000 = ?

Substituting the values into equation (1), we have:

$45,000 = $30,000 * 2.7183^(0.0326 * n)

$45,000 / $30,000 = 2.7183^(0.0326 * n)

1.50 = 2.7183^(0.0326 * n)

Loglinearise both sides and solve for n, we have:

Log(1.50) = (0.0326 * n)Log(2.7183)

0.176091259055681 = 0.0326 * n * 0.434297385124509

0.176091259055681 = n * 0.014158094755059

n = 0.176091259055681 / 0.014158094755059

n = 12.44 years

Therefore, it will take <u>12.44 years </u>for the account to be worth $45,000.

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3 years ago

Contractionary monetary policy a. leads to disinflation and makes the short-run phillips curve shift left. b. leads to disinflat

bearhunter [10]

This is a kind of economic policy used to contest inflation which includes decreasing the money supply in order to raise the cost of borrowing which in order decreases GDP and reduces inflation. This leads to disinflation and creates the short-run Phillips curve move to the left. So the answer is A.

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3 years ago