Answer:
c. 3 apples.
Explanation:
The opportunity cost is the alternative forgone. It is the item on the scale of preference that had to be let off in the fulfillment of other wants.
Given the two points A, at which there are 10 apples and 20 pears, and point B, at which there are 7 apples and 21 pears, moving from point A to B would mean that the number of apples will decrease from 10 to 7 while the number of pears will increase by 1.
As such, the opportunity cost is 3 apples (10 - 7).
The answer is <span>takes place when the contract is made.
When the contract is made in unitde states, the Identification that held by all the parties involved will be included/mentioned in the contract.
This is done to ensure that all the parties followed their obligation in the contract and the government could verify that the correct people are held responsible.</span>
Answer:
Under a) r=0.1;Id=50;Cd=750;P=7 b) P only changes and is now 9.33
Explanation:
a) In a closed economy national savings are equal to investments or:
S d = I d = Y - Cd - G
Id = Y - 100 - 0.8*Y + 500*r - 0.5*G
100 - 500*r = 0.2*Y -100 + 500*r -0.5*G
200 - 1000*r = 0.2*1000 - 0.5*200=100
-1000*r=-100
r= 0.1
i = 0.15
Id = 100 -50 =50
Cd= 100 + 800 - 50 - 100=750
P = Md/Y-2000 i
P= 2100/1000 -300=7
b) If money supply increases to 2800, the price level would be:
P = 2800/Y - 2000*i = 2800/Y- 2000*(i-inflation)
However, since the variables determining real interest rate remained the same, r is also the same or 0.1 and i is 0.15. Consumption and investment remain the same, only price level changes or:
P=9.33
Answer:
b 5:3
Explanation:
Jungle gym sales unit : tree sales unit
10,000 : 6,000
10,000 / 6000
= 5/3
=5:3
Answer:
The ledger of Metlock, Inc.
March 31 Adjusting Entries
Sr. No Particulars Debit Credit
1 Depreciation Expense $1092
Accumulated Depreciation $ 1092
Depreciation for 3 months = $364*3= $ 1092
2. Unearned Rent Revenue 8060
Rent Revenue Earned 8060
Half of the unearned rent revenue was earned during the quarter.
3. Interest Expense $130
Interest Payable $ 130
Interest of $520 is accrued on the notes payable. For the quarter it will be
$ 520/4-=$ 130
4. Supplies Expense 2885
Supplies 2885
Supplies on hand total $1,105. Supplies were $ 3900. The amount of supplies used were $ 3900- $ 1015= $ 2885
5. Insurance Expense $1560
Prepaid Insurance $ 1560
Insurance expires at the rate of $520 per month. For the three months it would be $ 520* 3= $1560.
