QUESTION 4 A-Marie sells her car for $4,000. She had bought it for $10,000. That transaction generates an income of A. $10,000 B. $6,000 C. $6,000 OD. $4,000
Q: 56
A: We know that As economies and societies developed, the study of economics got more complicated.…
Q: The Boston Toy Corporation (BTC) currently uses an injection moulding machine that was purchased…
A: Net present value or NPV can be defined as the capital budgeting tool that is used to make a…
Q: QUESTION 14 Using microeconomic reasoning about supply and demand, what is the most likely…
A: Solution: option-c Explanation: Option-c will be correct. The relative price can be defined as price…
Q: Suppose a farmer is using two inputs, labour (L) and capital (K), to produce the same amount of…
A: Given production function Q=L0.5+K0.33 MPP refers to the change in total production due to change in…
Q: 1.Show that interest rate has an impact on the income velocity of money.
A: Money Money is a good that is widely used as a mechanism of economic exchange. The primary measure…
Q: QUESTION 5 1. According to the quantity theory of money, a 10% increase in the quantity of money…
A: As per the quantity theory of money, the general value level of labor and products is corresponding…
Q: Do you agree that there is no difference between the nominal interest rate and the real interest…
A: Inflation and interest rates are fixed by the central bank of the country accordinf to the…
Q: The graph below shows the market for labor (coal miners). New coal-mining equipment is invented that…
A: Labor and capital are two factors of production that can be used in producing the goods and…
Q: QUESTION 13 Which statement best describes the increases of real consumption of goods and services?…
A: Real consumption can be explained and defined as nothing more and nothing less Solution: option-d…
Q: 2) Every week Laura´s rabbit, Baxter, eats a mix of carrots and lettuce. Baxter's combination of…
A: Indifference curves are the locus of points of combination of two goods which give same level of…
Q: The demand and supply schedules in this table list the quantity supplied and quantity demanded of…
A: Demand refers to the quantity that a consumer wishes to buy at a given price in a given period of…
Q: *"Roshan Farhan, who grew up in Guwahati, saw first-hand how little people in small towns thought of…
A: Human resources ( in short HR) is the division inside a business that is liable for everything…
Q: Hedonic wage studies indicate a willingness to pay $40 per person for a reduction in the risk of a…
A: Every production process needs factor inputs to produce its products and services. These inputs have…
Q: A bicycle component manufacturer produces hubs for bike wheels. Two processes are possible for…
A: Profit = TR > TC is termed as profit. TR = P*Q TC = FC + VC
Q: According to economic theory, a government with a contractionary fiscal policy would decrease…
A: DISCLAIMER “Since you have asked multiple question, we will solve the first question for you. If…
Q: The minimum wage in Arizona is $10.50. This is higher than the federal minimum wage of $7.25. Which…
A: Macroeconomics refers to the branch of economics that deals with the economy as a whole. For…
Q: the GDP deflator is
A: Nominal GDP is the measure of GDP at current prices and current quantity. This does not adjusted for…
Q: Annabelle typically drives her car to school, but she lives near a bus stop and is willing to take…
A: Two goods are considered substitutes in economics if they can both satisfy the same need. In the…
Q: . ______________ is a special field of economics which concentrates on the study of countries which…
A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: Which of the following would NOT be counted in 2003's GDP? Group of answer choices The commissions…
A: GDP, gross domestic product is the value of final goods and services production in the country over…
Q: Explain the difference between fiscal policy and monetary policy. What are some of the reasons these…
A: The central bank's actions to regulate the money supply are referred to as monetary policy. To…
Q: 1. P 1.00 is the principal which is invested at a nominal rate of 8% semi- annually. After one year…
A:
Q: No Plagiarism Please! How do improvements in technology and human capital influence productivity,…
A: Human capital comprises of the knowledge, skills, and health that individuals invest in and gather…
Q: A small company heats its building and will spend $9,592 in year 1 on natural gas for this purpose.…
A: Given Cost of natural gas in year 1 = $9592 The annual increment in the cost of natural gas is 9%…
Q: The GDP deflator is...
A: GDP is a monetary proportion of the market value of the relative multitude of conclusive goods and…
Q: 1) what is the economic point of view of globalization? 2) How can globalization become more just?…
A: Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: Briefly describe and explain how the Monetary Policy Committee (MPC) impact the inflation rate?
A: The basic goal of monetary policy is to stabilise the money supply across the economy and avoid…
Q: Given the following production cost function: TC=5+29 R1 R² +0.5 R³ TC: total cost in '00 (hundreds)…
A: Production costs are the costs a company incurs while creating a something or providing a service…
Q: 1. Provide a brief explanation of each of the components of Gross Domestic Product: Consumption…
A: These terms such as GDP, net export, consumption expenditure, etc are the components of the national…
Q: Conditions Board Setup - Random Rule Changes - None Unequal Start Conditions - Yes Assigned Groups -…
A: The unequal start conditions had a significant impact on the Catan game. The most notable difference…
Q: QUESTION 11 11. If both Demand and Supply decrease O a) Equilibrium price will decrease and quantity…
A: Demand refers to the quantity that a consumer wishes to buy at a given price in a given period of…
Q: Study recent high inflation. You need to explore the inflation both in the long-run and short-run…
A: Inflation is the rise in average price level of goods and services over period of time. It decreases…
Q: Suppose a farmer is using two inputs, labour (L) and capital (K), to produce the same amount of…
A: The information in the question is as follows:- Production function defined as a function of:- L0.5…
Q: Suppose a farmer is using fertilizer (X) to produce two products: cotton (Y₁) and maize (Y2). The…
A: Introduction Here a farmer is using fertilizer ( X) to produce two products: cotton ( Y1) and maize…
Q: Discuss and explain the macroeconomic effects ‘Covid-19 lockdown’ has had on the UK economy.
A: Macroeconomics Macroeconomics is a subfield of economics that focuses on the behavior of the…
Q: Monopoly and perfect competition are two market structures at the opposite end of the spectrum.…
A: A market structure with lots of customers and sellers is called perfect competition. The market…
Q: QUESTION 4 Why is GDP sometimes higher than potential GDP and other times lower than potential GDP?…
A: Gross domestic product estimates the money related worth of definite labor and products — that is,…
Q: Need help with question 7 and 8 please
A: The "Golden Rule" of government spending is a financial strategy expressing that an administration…
Q: Answer the following questions based on the accompanying diagram: Price ($) 20 18 16 14 12 10 8 00 6…
A: A price change in commodity affects its demand. We can track down the elasticity of demand, or the…
Q: PProblem 3-Page (174): The following table gives you information on the total cost of Mac's ice…
A: Average total cost is alluded to as the entirety of all production costs divided by the total…
Q: PRODUCT PER WORKER SOUTH AFRICA NIGERIA TABLES 100 UNITS 40 UNITS CHAIRS 50 UNITS 10 UNITS…
A: Given, PRODUCT PER WORKER SOUTH AFRICA NIGERIA TABLES 100 UNITS 40 UNITS CHAIRS 50 UNITS 10…
Q: The era of Mercantilism trade theory was Question 7 options: 1600-1900 1500-1800…
A: Mercantilism depends on the rule that the world's abundance was static, and subsequently, numerous…
Q: QUESTION 3 28 24 20 16 12 8 4 0 P 04 8 12 16 20 3. The maximum that buyers are willing to pay for…
A: Given that, there is a graph between price and quantity. and we have to find the maximum that…
Q: 5) Consider indifference curves for the consumption of milk and chocolates (you may assume that both…
A: The indifference curve refers to the curve that shows the combination of two goods in various…
Q: A bicycle component manufacturer produces hubs for bike wheels. Two processes are possible for…
A: The term "revenue" refers to the total sum of money made through the sale of services and goods…
Q: When making decisions about what safety systems should cars or airplanes, the estimated cost per…
A: Sustainable development is an organizing concept for meeting human development aims while also…
Q: Suppose demand and supply are given by Qd = 60 - P and QS = P - 20. a. What are the equilibrium…
A: Equilibrium in the market reaches at the point where quantity demanded is equal to quantity…
Q: Vince loaned a certain amount from a cooperative and promised to pay it back with 2.33 times his…
A: Loan Amount = A Maturity Amount = 2.33A r = 10.42%
Q: suppose > has a utilitiy represtantion u such that u is homogenous of the nth pwer show > is…
A: This is not true. Take $n=2$. If you take $u(x,y)=x^2+y^2$, then $u(x,y)=u(x',y')\iff x+y=x'+y'$…
Q: Year Cost of basket (R) of consumer goods / services Base Year 2018 1850 2019 2190 2020 2380 2021…
A: The Consumer Price Index is an important economic metric. It measures the average change in prices…
Step by step
Solved in 2 steps
- 5.6 Show What You Know - Buying vs Leasing A Vehicle /22 1. Tyler is a contractor in Winnipeg and needs a new truck for his business. The total purchase price is $59 300.45. He has $5000 saved for a down payment. He needs to decide whether he should buy or lease his vehicle. When you buy or lease a new vehicle you need to pay Federal and Provincial sales tax. Buying Option: O The loan for the purchase includes the taxes and must be repaid in 48 monthly payments of $1195.49 plus the down payment. Leasing Option: O There are 48 monthly payments of $720.25 plus taxes plus the down payment. O The purchase price at the end of the lease is $27 100. a. What is the total cost to buy the truck? b. What is the monthly lease payment including taxes? c. What is the total cost to lease for 4 years? d. What is the cost to buy the truck at the end of the lease? e. How much will Tyler have spent in total if he buys the truck after the four year lease? f. What would you suggest Tyler do and why?______6 Mauro Products distributes a single product, a woven basket whose selling price is $17 and whose variable expense is $14.96 per unit. The company's monthly fixed expense is $3,672. a. Solve for the company's break-even point in unit sales using the equation method. b. Solve for the company's break-even point in dollar sales using the equation method and the CM ratio.Title NPBT $100,000: NPAT $70,000: Interest Expense $10,000: Income Tax $30,000: Sales $950,000. Calculate Description NPBT $100,000: NPAT $70,000: Interest Expense $10,000: Income Tax $30,000: Sales $950,000. Calculate the Profit Margin using EBIT:Question 10 options: (a) 7.4% (2)11.6% (3) 13.7% (4)none of the options listed
- A 176.12. If the quantity of money demanded is less than quantity of money supplied, then the interest rate will: a) change in an uncertain direction. (b) rise. (c) remain constant (d) fall.You and the driver of the other car were the only people involved in the accident. You were not injured.. You have a 50/100/50 liability insurance policy with no deductible.- You have collision insurance with a deductible of $1,000..The other driver's bodily injury claim is $60,000 for medical expenses related to a broken leg.• The other car was valued at $25,000 and requires $7,000 in repairs.. Your car was valued at $13,000 and requires $15,000 in repairs.• The accident damaged a city light pole that will cost $1,800 to replace.Use the information above to determine the following:1. the total amount your liability insurance will pay for the accident2. the total amount your collision insurance will pay for the accident3. the amount of additional damages you are responsible for as a result of the accident
- ya ETO J. TIN 3 EXERCISE-8 PRESENT ECONOMY 1. A contractor who was awarded a P4,500,000.00 contract to build a dam failed to finish the work on time. As provided for in the contract, he has to pay a daily liquidated damages equivalent to one-fourth of one percent of the contract price for the first 10 days of the delay, one-half percent per day for the next ten days and one percent per day for every day thereafter. If the total penalty was P607,500.00, how many days was the completion of the contract delayed? ES P 45000008. What two variables do you need to calculate a debt coverage ratio (DCR)? A O Net operating income (NOI) and mortgage payments. В Loan-to-value (LTV) and market value. Operating expenses and loan-to-value. Net operating income per square foot (NOI/PSF) and operating expenses per square foot (Op-ex/PSF).QUESTION 6 Money can be saved and used later. True False
- Terminal Activity PROBLEM SET Study and solve the given problems below. Show your complete solutions and label your answer. Write your ANSWER on your sheet. 1. Pamela makes a monthly salary of 27,900 pesos. She also receives an additional 9.5% commission rate bonus for any sales beyond 55,000 pesos. If Pamela sold 81,500 worth of merchandise this month, what is her total gross salary? 2. John is a realtor agent. He receives 5% commission when he sells a condo unit. How much commission will he receive for selling a condo unit that cost 3,500,000 pesos? 3. Randy was paid a commission of 8.5% on his total sales. If his sales were P13,000, P15,000, P25,000, P30,000, and 33, 000 pesos consecutively, find his gross earnings.To manage cash flow, you should _____ and then subtract expenses you expect to incur. Select one: a.project cash receipts b.project gross sales c.project net income d.project gross receipts Question 12 Carla sells hot coffee, cider, and tea from a sidewalk cart near Wall Street in New York City. Last month she sold $4500 worth of product to 1000 customers. She spent $800 on buying her beverages in bulk. Her monthly costs are: Utilities=$100, Salary=$2000, Advertising=$0, Insurance=$0, Rent (cart)=$600, Depreciation=$0. Calculate Carla's average sale per customer. Select one: a.$5.00 b.$4.00 c.$4.50 d.$4.25 Question 13 Liabilities that will be paid over a period of more than one year are known as _____. Select one: a.long-term liabilities b.equity c.long-term assets d.depreciating liabilities Question 14 Question text What business concept did Henry Ford introduce that forever changed American industry? Select one: a.assembly-line mass production…Mr. Smith has some money to invest. He selected three stocks and two bond funds as possible investments, shown in the following table. Investment Stock A Stock B Stock C Bond-long term Bond-short term Risk Annual Return High Medium Low 15% 12% 9% 11% 8% One of Mr. Smith's investment requirements is "the total amount invested cannot exceed $500,000". Which option represents this constraint? Note: (X₁, X₂, X₁, X₁, and X, are investment in stock A, stock B, stock C, long term bond and short term bond, respectively