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spin [16.1K]
2 years ago
15

By 2030, what will Elon Musk's, net worth will be?

Business
1 answer:
Nostrana [21]2 years ago
6 0
Well currently, as of December 2021, his total net worth is totaled to around $266 billion. I believe, in my opinion, he will become a trillionaire within the next 10-20 years, that is unless Elon’s Tesla operation in China eventually bankrupts him. But considering his current net worth, and if he continues with SpaceX and other futuristic projects offering huge investments, 2030 could get him to around $500 billion.
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Suppose your business operates a machine at a cost of ​$100 per day whether it is used or not plus ​$50 for each hour it is used
Mice21 [21]

Answer:

You can find the drawing in the attached file

Explanation:

You have fixed cost of $100 whter the machine is used or not and a variable cost of $50 for each hour used. So if you do not use de machine the cost will be $100, if the machine is used 1 hour the cost will be $150 and will increase $50 per aditional hour, until it reaches $500 ($100 + 8*50)

The drawing must have two variables, one is cost and the other is hours.

Cost start from $100 when the machine is not used and grows $50 per hour

Download xlsx
3 0
3 years ago
Sue invested $12,000 in the ABC Limited Partnership and received a 10 percent interest in the partnership. The partnership had $
FrozenT [24]

Answer:

Option (B) is correct.

Explanation:

Invested amount = $12,000

Interest received in partnership = 10%

qualified non-recourse debt in partnership = $34,000

Loss allowed = $15,400 (At risk amount)

Tax basis = $18,800

Disallowed loss = Loss allocation - Risk amount

                          = $18,800 - $15,400

                            = $ 3,400

4 0
3 years ago
The slope of the budget line represents the rate at which the consumer is willing to trade one good for another at any given bun
Softa [21]

Answer:

False

Explanation:

The slope of the budget line is the ratio of the prices of that bundle of goods. It represents the price at which a consumer would be willing to substitute one good for the other in the same bundle of goods.

I hope my answer helps you

7 0
3 years ago
Part of the decision to accept additional business should be based on a comparison of the incremental (differential) costs of th
postnew [5]

Answer:

TRUE

Explanation:

Marginal Benefit is addition to total benefit due to a business decision.

Marginal Cost is addition to total cost due to a business decision.

Marginal Benefit & Marginal Costs are determinants while considering a business decision. A decision will be taken if : Marginal Benefit ≥ Marginal Cost, as entrepreneurial decision maker would be better off or at least neutral while taking decision. If MB < MC , it is loss making for the entrepreneur to take that decision & hence is discouraged to take that.

6 0
3 years ago
Which of the following statements regarding the opportunity cost of producing potatoes and the production possibilities frontier
Temka [501]

Answer: A. The island of Atlantis has an increasing opportunity cost of producing potatoes and the production possibility frontier is bowed outward.

Explanation:

When there is an increasing opportunity cost of producing a good, the Production Possibilities Frontier (PPF) will be bowed out to represent that as more of the good is being produced, more of another good is being given up to do so.

For the island of Atlantis therefore, as they produce more of potatoes, they are giving up being able to produce whatever more and more of other goods they produce which is therefore leading to a PPF that is bowed outward.

8 0
3 years ago
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