Answer:
The private cost for an individual of a liter of gasoline in Europe is 4.75
Explanation:
Private cost is a supplier's or producer's cost of providing goods and services without any external cost.
Private cost = 0.50 + 1 + 0.75 + 2.50
= 4.75
Therefore, The private cost for an individual of a liter of gasoline in Europe is 4.75
It is always the aim of the government that people take pride with the things that the locals in their land are able to produced. If this is the main aim of the government then, it should be a policy that one should buy the local products first. In line with this, the government may limit the amount of imported goods reaching their area as these imported good may jeopardized the aim to take pride in the local ones.
Industrial goods are type of goods that includes raw materials used to produce other products. They are physical items used by companies to produce other products. Derived demand is the consumer demand for consumer goods. On this derived demand is based the d<span>emand for </span>industrial goods.
Answer:
Total PV= $26,176.63
Explanation:
Giving the following information:
Cash flow:
Cf1= $5,700
Cf2= $10,700
Cf3= $16,900
<u>To calculate the price of the investment now, we need to use the following formula on each cash flow:</u>
PV= Cf / (1+i)^n
PV1= 5,700/1.11= 5,135.14
PV2= 10,700/1.11^2= 8,684.36
PV3= 16,900/1.11^3= 12,357.13
Total PV= $26,176.63
Answer:
About 2,900 gallons of milk per year according to the internet
