If Nathan received an $800 bonus and his MPC is 0.75, __________ and his saving rises by his consumption rises by $_ $ O 600; 200 O 800; 250 400; 250 O 825; 125
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- Brian lives in San Diego and runs a business that sells guitars. In an average year, he receives $733,000 from selling guitars. Of this sales revenue, he must pay the manufacturer a wholesale cost of $433,000; he also pays wages and utility bills totaling $257,000. He ovwns his showroom; if he chooses to rent it out, he vill receive $13,000 in rent per year. Assume that the value of this showroom does not depreciate over the year. Also, if Brian does not operate this guitar business, he can vork as a paralegal, receive an annual salary of $23,000 vith no additional monetary costs, and rent out his showroom at the $13,000 per year rate. No other costs are incurred in running this guitar business. Identify each of Brian's costs in the following table as either an implicit cost or an explicit cost of selling guitars. Implicit Cost Explicit Cost The vholesale cost for the guitars that Brian pays the manufacturer The salary Brian could earn if he worked as a paralegal The vages and utility…The average monthly balance in Joy's bank account is $1,500. Joy spends the same amount of money each day during a 30-day month, and at the end of the month, her account balance is $0. At the constant rate of per day Joy spends her money? $70 $40 O $100 O $501- In year 12 Adam earns $1450 and saves $550. In year 21 Adam gets a $4550 raise so that he earns a total of $6000. Out of that $6000, he saves $650. What is Adam's MPC out of his $4550 raise?
- Suppose a person has a total credit card debt of $1,500$1,500 that has a 7%7% yearly interest rate. This person also has a savings account with $2,500$2,500 that pays 2%2% interest per year. Despite the net loss, the person keeps both.Calculate how many times the person appreciates the $1$1 of savings more than $1$1 of credit card debt if the person relates similarly to both values of percent paid and received. Enter your answer in the box below and round to two decimal places if necessary.The average house price is Php $12,770,797. Suppose that Nike are trying to buy a house which is equal to $12,770,79 and he have $10,000 today that can be invested at his bank. The bank pays 10% percent annual interest on its accounts. How long will it be before he have enough to buy the house?An insurance company has just launched a security that will pay $150 indefinitely, starting the first payment next year. How much should this security be worth today if the appropriate return is 10%? $1,200 $1,500 $1,300 O $1.250
- Automobile repair shops typically recommend that their customers change their oil and oll filter every 4.500 miles. Your automobile user's manual suggests changing your oil every 6,500-8,000 miles. If you drive your car 87,750 miles each year and an oil and filter change costs S34, how much money would you save each year if you had this service performed every 6.500 miles? Your savings will be $ per year. (Round to the nearest cent.Y Enter your answer in the answer boxA baseball team has signed a draft pick to a two year contract. The player's expectedmarginal revenue product in year 1 and year 2 are $1-million and $1.7-millionrespectively. The contracted wage is $1.3-million in the first year. The interest rate is7% each year. The competitive wage in year 2 is expected to be $1.8-million. If theteam is indifferent about the player resigning with it at the end of his contract, howmuch will they pay him in the second year? Use a$ and commas.Your firm has discovered a cheap and efficient technology of turning used plastic bottles and bags into various products. You limit your attention to the following two production options: you can produce plastic utensils or helmets. In the "utensils" case your estimat ann revenue $25,000, while production will cost you $8,000. However, in your "helmets" option, you expect to sell 2000 helmets every year at $10 each and the average total cost of every helmet will be $3. What is your accounting ?profit if you decided to produce helmets
- 1. Consider a wine dealer who has k bottles of wine. The dealer can sell them now (t = 0) or can store it for some time and then sell them later. The value of k bottles at t-th month is given by: Vt = ket The dealer can use the sales revenue as principal in a risk-free investment at rate r. (b) Write out the present value PV, of k bottles at t-th month.Qх 3D 100- 10Рх — 6Ру Qy 3 40- Рх — ЗРу %3D let Px = 3, Py = 5 let Px increase by 10% Ar=[Rx (1+EQx.Px) + Ry(Eov.Ps)]%A Px Ar=1.504 How to get Ar = 1.504?expenditures, income 2-888R8÷ 120 110 100 90 80 70 60 50 40 30 20 10 0 -10 -20 -30 II 10-20 30 40 50 60 II 05. What will be the level of savings at an income level of 40? O (a) zero (b) 40 (c)-20 O (d) 20 40 50 60 70 IE income: Q C S +444 70 80 90 100 110 120 DO Q