Answer:
B) $7
Explanation:
The computation of the consumer surplus is shown below:
Consumer surplus = Willing to pay - Market price
For Austin, The consumer surplus = $10 - $6 = $4
For Erin, The consumer surplus = $9 - $6 = $3
So, the total consumer surplus = $4 + $3 = $7
Simply we deduct the market price from the willing to pay so that the consumer surplus can be computed
Answer:
3.14 years
Explanation:
Year Cash flow Accumulated cash flows
0 -$4,900 -$4,900
1 $1,150 -$3,750
2 $1,350 -$2,400
3 $2,230 -$170
4 $1,250 $1,080
3 years + $170/$1,250 = 3.14
The payback period is 3.14 years, or 3 years, 1 month and 19 days.
Answer:
The Correct Option is C.
Explanation:
Vision is which a person see something either having a heavenly perspective or in the person or individual mind. Whereas the dream is what the person or individual see when the person or individual is asleep.
So, Jung believed that the dreams and the vision is important or vital form of communications from another domain.
Principal Amount P = $ 48000
Rate of interest r = 6% = 0.06
Time interval t = 7
Formula for Interest I = P x r x t => I = 48000 x 0.06 x 7 => I = 2880 x 7
Total Interest for seven years would be $20,160
