A person can benefit from specialization and trade by obtaining a good at a price that is.

A product's demand over (l + 1) "periods is normally distributed with a mean" of 100 and standard deviation of 10. Lead time is

Andre45 [30]

Jsshsusisis Kauai is 77282728292!3$3!: wil

8 0

3 years ago

An elderly father owns a classic car that was purchased many years ago for $7,500. The father dies and bequeaths the car to his

igor_vitrenko [27]

The available options are:

A. No capital gain or loss because the item sold was personal property

B. $2,500 long term capital gain

C. $12,500 long term capital gain

D. $22,500 long term capital gain

Answer:

$2,500 long term capital gain

Explanation:

Given that the classic car, that is an item under consideration is inherited, therefore, the cost basis to the recipient is the market value at the date of death.

Hence, the market value of the date of death is $20,000

The amount the classic car is sold is $22,500

To get the capital gain or loss, subtract the value at the date of death from the amount sold, which is $22,500 - $20,000 = $2,500

Hence, the correct answer is $2,500 long term capital gain

5 0

3 years ago

What document is necessary to get through the security checkpoints at airports?

jasenka [17]

If youre traveling in the US then all you need is an ID with your picture

and if youre traveling outside you need a valid passport

6 0

2 years ago

Following the assumption that firms maximize profits, how will the price and output policy of an unregulated monopolist compare

Mamont248 [21]

Answer:

The correct answer is (A) output will be too small and its price too high.

Explanation:

MONOPOLY PRICE: price that departs from the value or production price of a given merchandise. Economic way in which capitalist monopolies obtain super profits. The monopoly price is equal to the production costs plus the high monopoly gain. There are two types of monopoly prices: the high ones, to which the monopolies sell their production and the low ones, to the monopolies buying the raw material or products destined for reworking and for sale, especially in colonial and dependent countries. In order to keep monopoly prices on the market, capitalist monopolies: 1) hinder the free emigration of capital by preventing the competitor from lowering the monopoly price or establishing an agreement with him to maintain a certain price, 2) limit the The production of goods in the internal market, without certain reductions in production, not even the destruction of "surplus" goods, 3) uses the bourgeois state to protect the internal market against foreign competition by establishing high tariff rates. Monopoly prices do not eliminate the action of the law of value as a law of merchandise prices. What monopoly capital earns thanks to monopoly prices, is lost by workers in capitalist countries and also the popular masses of colonial and economically weak countries, from which monopolists, through non-equivalent exchange, derive huge profits. A certain portion of the monopoly price is part of the gain of the bourgeoisie that does not enter the monopoly group. In this way, the interests of different classes and groups of today's capitalist society intersect in the monopoly price. For this reason, the growth of high monopoly prices, as well as the reduction of low monopoly prices - a phenomenon that is observed endlessly - leads to the further sharpening of the class contradictions of imperialism.

3 0

3 years ago

Suppose you have a dinner gift certificate for $20. You can use it to order meatloaf or pot roast. Meatloaf costs $12, and pot r

antiseptic1488 [7]

Suppose you have a dinner gift certificate for $20. You can use it to order meatloaf or pot roast. Meatloaf costs $12 and pot roast costs $14. Meatloaf and pot roast are both worth $15 to you. The dollar value of the opportunity cost of choosing meatloaf instead of pot roast is $15 EX.

<h3>What Is Opportunity Cost?</h3>

Opportunity costs represent the potential benefits that an individual, investor, or business misses out on when choosing one alternative over another. Because opportunity costs are unseen by definition, they can be easily overlooked. Understanding the potential missed opportunities when a business or individual chooses one investment over another allows for better decision making.

Opportunity cost is often overlooked by investors. In essence, it refers to the hidden cost associated with not taking an alternative course of action. If, for example, a company pursues a particular business strategy without first considering the merits of alternative strategies available to them, they might fail to appreciate their opportunity costs and the possibility that they could have done even better had they chosen another path.

Formula Of Opportunity Cost

Opportunity Cost=FO−CO

where:

FO=Return on best forgone option.

CO=Return on chosen option.

Learn more about Opportunity cost on:

brainly.com/question/12121515

#SPJ4

8 0

2 years ago