For this case what you should do is to clear q in both equations with a price of p = 16 $
We have then:
For the demand
p = 48 - 2q
q = (48 - p) / 2
q = (48 - 16) / 2
q = 16
For the supply:
p = 12 + q
q = p-12
q = 16-12
q = 4
Answer:
if the town imposes a price ceiling of 16 dollars, and the quantity demand will be 16 while quantity supply will be 4.
Answer:
70years
Explanation:
The future value formula for compound interest, after n interest period is
where i is the interest rate per period in decimal form and P is the principal or present value.
The Rodriquez family is determined to purchase a $250,000 home so
F=$ 250,000
The family plans to save $2,500 a quarter for this purpose and expects to earn 6.65 percent.
This implies that:
For t years, the number of compounding periods will be;
We fixed the values into the formula and solve for t.
It will take approximately 70years
Answer:
$14890 is the correct option because if any parent adopts a child in 2022 there is a federal adoption tax credit of up to $14,890 per child.
<h3>Claiming the Federal Adoption Tax Credit for 2022</h3>
A federal adoption tax credit of up to $14,890 per child is available for adoptions that are finalized in 2022. The adoption tax credit for 2022 is not transferable.
Parents who wish to receive the credit must:
have adopted a child who is not a stepchild - The child must be less than 18 or incapable of caring for themselves due to physical or mental impairment.
abide by the income restrictions - How much of the credit parents can claim depends on their income. Families earning less than $214,520 in modified adjusted gross income in 2022 are eligible for the full credit. People who earn between $223,410 and $263,410 can receive a partial credit; people who earn more than $263,410 cannot.
To know more about 'Adoption tax credit', visit :brainly.com/question/15410304
#SPJ4
Answer:
Text Messaging
Explanation:
Business messaging tools are widely use for individuals to create communication with the other individuals or organisations
Use of messaging for industry helps everyone to connect in plain text with other individuals, unlike most of the result of internet communications that you have to delay for until the communication is retrieved from the recipient's server.
Answer:
Unemployment rate= 0.13= 13%
Explanation:
Giving the following information:
Of these 95 individuals, 75 are in the labor force and 65 are employed.
<u>To calculate the unemployment rate, we need to use the following formula:</u>
<u></u>
Unemployment rate= unmeployed population / labor force
Unemployment rate= 10/75
Unemployment rate= 0.13
