My monthly earnings and expenses are: $245
Amount I would need to earn more per month is: $120
What are expenses?An expenditure is a business's operational cost incurred to produce income. It may be simply described as the price one must pay to acquire something. It takes money to make money, as the adage goes.
Supplier payments, staff salaries, manufacturing leases, and equipment depreciation are examples of frequent costs. Firms are permitted to write off tax-deductible costs on their income tax returns to decrease their taxable income and hence their tax burden; however, the Internal Revenue Service (IRS) has tight limits on which expenses businesses are allowed to claim as a deduction. Profit maximization is one of the top priorities for management teams in businesses. By increasing income while controlling costs, this is accomplished. Cutting expenses might enable businesses to increase their sales revenue.
However, if expenditures are lowered too much, it could also be harmful. For instance, cutting back on advertising might cut expenses but also affect a company's exposure and capacity to connect with potential clients.
To know more about expenses, visit:
https://brainly.com/question/935872
#SPJ1
Morgan owned a large condominium on the ocean. She died and no legal heirs were found. Who will receive title to the property
According to question, if Morgan died with no legal heirs then ,the state or county receive title to the property .
According to succession law, the spouse (or registered partner) and children are first in line to receive (equal portions of) the estate. Next come brothers, sisters, and parents, then grandparents, and finally great-grandparents.
A person who decided to take legal possession of a deceased ancestor's estate after they went away without leaving a will or designating a legal heir. Therefore, a legal heir is a person who legally or by way of a will inherits an ancestor's property.
To know more about legal heirs visit :
https://brainly.com/question/30204709
#SPJ4
According to the circular-flow diagram GDP a. can be computed as either the revenue firms receive from the sales of goods and services or the payments they make to factors of production. b. can be computed as the revenue firms receive from the sales of goods and services but not as the payments they make to factors of production. c. can be computed as payments firms make to factors of production but not as revenues they receive from the sales of goods and services. d. cannot be computed as either the revenue firms receive or the payments they make to factors of production.
The correct answer is C. can be computed as payments firms make to factors of production but not as revenues they receive from the sales of goods and services.
Gross home product (GDP) is a monetary degree of the market cost of all the final items and services produced and offered (no longer resold) in a particular term by way of nations. due to its complex and subjective nature, this measure is frequently revised before being taken into consideration as a reliable indicator. GDP (nominal) per capita does now not, but, reflects differences in the price of residing and the inflation costs of the nations; therefore, the usage of a basis of GDP per capita at purchasing energy parity (PPP) can be extra useful while evaluating residing requirements among nations, while nominal GDP is more beneficial evaluating national economies at the global market.
Overall GDP can also be damaged down to the contribution of every enterprise or quarter of the financial system. The ratio of GDP to the full populace of the place is the in keeping with capita GDP (also referred to as the suggest fashionable of dwelling).
GDP definitions are maintained by some countrywide and worldwide financial organizations. The agency for monetary Co-operation and improvement (OECD) defines GDP as "a mixture degree of production equal to the sum of the gross values brought of all resident and institutional devices engaged in production and services (plus any taxes, and minus any subsidies, on products now not included in the fee in their outputs)".
To know more about GDP visit here:
brainly.com/question/30111703
#SPJ4
Comentario sobre el Artículo 655 del Comercio en Guatemala
Answer:
what is ur question Imao
Explanation:
What is an arrangement in which the supplier maintains title to the inventory until it is used? A. postponement. B. consignment inventory
an arrangement in which the supplier maintains title to the inventory until it is used B. consignment inventory
Inventory (in American English) or stock refers to the goods and materials a business keeps on hand with the goal of reselling, manufacturing, or utilising them (in British English). The location and shape of stocked commodities are the key concerns of inventory management. Prior to the regular and scheduled manufacturing and stocking of materials at various locations within a facility or at multiple sites of a supply network, it is important to take action.The idea of inventory, stock, or work in process (or work in progress) has been extended from manufacturing systems to service firms by broadly defining it as "any work that is or has occurred prior to the completion of production."
Learn more about inventory :
https://brainly.com/question/14184995
#SPJ4
The amount of deadweight loss that results from a tax of a given size is determined by whether the tax is levied on buyers or sellers. the number of buyers in the market relative to the number of sellers, the price elasticities of demand and supply. the ratio of the tax per unit to the effective price received by sellers.
The price elasticity of supply and demand determines whether the tax deadweight is large or small. It measures how well supply and demand respond to price changes.
In economics, deadweight is the difference between the production and consumption of a particular product or service, including government taxes. The presence of deadweight is most often seen when production relative to consumption deviates from the optimal excess concentration. Any difference in this amount reflects the amount not used or consumed, resulting in a loss. This “dead weight” effect is thus attributed to both producers and consumers.
Dead weight loss is also a measure of the economic efficiency lost when socially optimal quantities of goods or services are not produced. Non-optimal production can be caused by monopoly prices under artificial scarcity, positive or negative externalities, taxes or subsidies, or imposed ceilings or floors such as minimum wages.
Know more about deadweight here:
https://brainly.com/question/13719669
#SPJ4
Each call option contract brings together a buyer and a seller (also known as a writer). Which of the following describes the profit and loss potential of call option writers ?
A. Unlimited upside and limited downside B. Limited upside and unlimited downside
C. Unlimited upside and unlimited downside D. Limited upside and limited downside
The profit and loss potential of call option writers is limited to the upside and downside. Writers of call options, also known as sellers, assume the risk of the contract and are obligated to sell the underlying asset to the buyer at the strike price if the option is exercised.
The maximum profit for the seller is the premium that has been collected from the buyer, while the maximum loss is unlimited because market prices could rise significantly above the strike price. This is because the seller is obliged to sell the underlying asset at the strike price regardless of the market price. For example, if the strike price is $50 and the market price is $75, the seller will be required to sell the underlying asset for $50, resulting in a loss of $25.
To know more about call option click here
https://brainly.com/question/29850781
#SPJ4
The choice between a limited contract and an unlimited contract depends on your personal circumstances, career goals, and priorities. A limited contract offers job security for a specified duration, while an unlimited contract provides flexibility and greater job mobility. Consider factors such as job stability, flexibility, career goals, compensation and benefits, and industry norms when making your decision. It is essential to review and understand the terms and conditions of each contract type before accepting an offer to ensure it aligns with your professional aspirations.
As a new employee in the UAE, you may be offered a choice between a limited contract and an unlimited contract. Each type of contract has its own advantages, and your decision should depend on your personal circumstances and career goals.
1. Limited Contract:
- A limited contract, also known as a fixed-term contract, is valid for a specific duration, usually between one to three years.
- The advantage of a limited contract is that it provides job security for the agreed-upon period. You can plan your finances and future commitments accordingly.
- UAE labor laws state that a limited contract can only be terminated by mutual agreement between the employer and employee, or if either party violates the contract terms. This protects employees from sudden job termination without valid reasons.
- If an employer terminates a limited contract before its expiry, they may be liable to pay compensation to the employee.
- Limited contracts also provide the opportunity to negotiate better benefits and salary packages since they are typically longer-term commitments for the employer.
2. Unlimited Contract:
- An unlimited contract, also known as an open-ended contract, does not have a specific duration. It continues until either the employer or employee terminates it.
- The advantage of an unlimited contract is flexibility. It allows you to change jobs more easily if better opportunities arise.
- UAE labor laws state that both the employer and employee have the right to terminate an unlimited contract by giving a notice period, usually between one to three months.
- Additionally, an unlimited contract offers greater job mobility, allowing you to explore different industries or companies without the constraints of a fixed-term commitment.
- It is important to note that an unlimited contract does not guarantee job security for an extended period, as termination can occur with proper notice.
When deciding between a limited contract and an unlimited contract, you should consider the following factors:
1. Job Stability:
- If you prioritize job stability and prefer a long-term commitment, a limited contract may be the right choice. It provides security for a specific duration and ensures that your position is protected, subject to the terms of the contract.
2. Flexibility:
- If you value flexibility and want the option to explore other job opportunities or change industries more easily, an unlimited contract may be preferable. It allows you to terminate the contract with proper notice and provides greater job mobility.
3. Career Goals:
- Consider your long-term career goals and how each type of contract aligns with them. If you are looking for stability and growth within a specific organization, a limited contract may be more suitable. On the other hand, if you aspire to gain diverse experiences and have the freedom to switch jobs, an unlimited contract might be the better choice.
4. Compensation and Benefits:
- Evaluate the compensation and benefits offered under each type of contract. Some employers may offer more attractive packages for limited contracts, while others may provide similar benefits for both contract types. Take into account factors such as salary, bonuses, medical insurance, and vacation days when making your decision.
5. Company Culture and Industry Norms:
- Research the company culture and industry norms in the UAE. Some sectors may predominantly offer limited contracts, while others may favor unlimited contracts. Understanding these dynamics can help you make an informed decision based on your industry and the specific organization you are joining.
In conclusion, the choice between a limited contract and an unlimited contract depends on your personal circumstances, career goals, and priorities. A limited contract offers job security for a specified duration, while an unlimited contract provides flexibility and greater job mobility. Consider factors such as job stability, flexibility, career goals, compensation and benefits, and industry norms when making your decision. It is essential to review and understand the terms and conditions of each contract type before accepting an offer to ensure it aligns with your professional aspirations.
Learn more about limited contract and unlimited contract from the given link:
https://brainly.com/question/30194854
#SPJ11
Beth deposits $200,000 into her
personal savings account. How much of
her deposit is insured by the FDIC?
$50,000
$150,000
$200,000
Beth deposits $200,000 into her personal savings account. $ 50,000 more she need to deposit insured by FDIC.
Option A is correct.
For each account ownership category, the standard insurance amount is $250,000 per depositor, per insured bank. The FDIC covers deposits in different ownership categories in different ways.
What is the FDIC's role?Deposits are protected by the FDIC; examines and supervises financial institutions for consumer protection and safety; makes it possible to resolve large and complex financial institutions; likewise oversees receiverships.
What is the FDIC and how significant is it?The Federal Deposit Insurance Corporation (FDIC) is an independent government agency that safeguards insured deposits in the event of bank failure. The insurance provided by the FDIC is backed by the government of the United States. The National Credit Union Administration, which regulates and insures credit unions, is the other agency that provides deposit insurance to depositors in American depository institutions. The Federal Deposit Insurance Corporation is one of those two agencies .
Learn more about FDIC :
brainly.com/question/14308403
#SPJ1
why did india put barrier o foreign trade and investment afetr independance , why was the policy changed in 1991
This was sought to shield domestic producers from competition from abroad. to safeguard this same Indian economy form foreign espionage in sectors that could hinder the country's intended economic expansion.
What is the straightforward meaning of economy?Whether an entity is a country or a small town, an economy includes everything that is activities connected to the supply, procurement, and trade of products and services in that entity. Every economy is different. Each is shaped by the resources, laws, cultures, histories, and geographies that are unique to it.
Which are some instances of economy?The traditional economy, which uses a country's traditions and history to direct the distribution of goods, is a well-known illustration of an economy. The main pillars of traditional economies are agriculture, hunting, and hunting.
To know more about economy visit :
https://brainly.com/question/1123852
#SPJ4
Refer to Table 14-12. At what quantity does Bill maximize profits?
a. 3
b. 6
c. 7
d. 8
In order to maximize profit, the company should produce where its marginal income and marginal value are equal.
The firm's marginal value of manufacturing is $20 for every unit. When the association produces four units, its marginal revenue is $20. Thus, the company ought to produce four units of output.
How can producers maximize their profit?Answer and Explanation: Producers can maximize their earnings by means of ensuring that their incremental or marginal profit increases.
The marginal income is ascertained with the aid of deducting the marginal fee from the marginal revenue and hence, it can be improved with the aid of growing the marginal income and decreasing the marginal costs.
What is the firm's profit-maximizing volume of output?A competitive firm uses the following manufacturing rule to maximize profits: the firm's profit- maximizing output level is the place its marginal value (MC) just equals the product rate and where marginal fee is increasing; that is, the MC curve is sloping upward.
Learn more about maximize profits here:
https://brainly.com/question/13464288
#SPJ4
The Goldbergs have asked the judge for an order compelling Penelope to give up the baby, who was five days old when the lawsuit was filed. The baby is now a month old as the judge looks in vain for guidance from any Nevada statute, federal statute, or any prior case in Nevada that addressed the issue of surrogate motherhood. He does find several well-reasoned cases, one from New Jersey, one from Michigan, and one from Oregon. Are any of these "precedent" that he must follow? May he adopt the reasoning of any of these courts, if he should find that reasoning persuasive?
It is against the law for adoptive parents to pay for an adoption, adopt a kid, or give money to the child's biological parents.
What is Breach Of Contract?An agreed-upon term or condition of a legally binding contract is violated when it is not followed. The violation could take the form of anything from a late payment to a more serious offence, such failing to deliver a promised asset.
When brought before a judge, a contract will be enforceable. Giving the victim what they were initially promised is typically the remedy when a contract breach can be demonstrated. Punitive damages are infrequently granted for failing to fulfil stated commitments, and a breach of contract is not regarded as a crime or even a tort.
(However according to this question, a personal contract was written between Penelope and Goldberg in this instance. Penelope has already taken $20,000 from Goldberg under the terms of this contract, and the remaining $20,000 will be provided to Goldberg when the child is handed over to him after nine months. It is a contract; if Penelope signed it, she must deliver the child to Goldberg.
If she is unwilling to give the child to Goldberg, she must return the money, but Goldberg has already filed lawsuits alleging that Penelope violated the law or breached the terms of the contract and is therefore required to provide the child to Goldberg or submit to legal penalties. Penelope could face severe penalties because it is unlawful to take money in exchange for donating or adopting children. Giving Goldberg a child and resolving this conflict on a personal level is healthier for Penelope and Goldberg.)
To know more about breach of contract visit:
https://brainly.com/question/25930552
#SPJ4
What are the steps you should follow after you have installed a software update?
Answer:
You should make sure there are no more updates after that and if their are no more needed then you should be fine to just go on
Explanation:
Some people argue that government should not be so involved in consumer protection. What are some arguments for and against this opinion?
Markets function properly when consumers and corporations are both protected. Consumers must have access to reliable, unbiased information about the goods and services they choose to buy.
What do you mean by a consumer?A consumer is a person or a group that is not directly involved in entrepreneurial or business operations and who intends to order or uses purchased items, products, or services primarily for personal, social, family, or household needs.
The phrase is most frequently used to describe someone who makes purchases for their own use. A consumer in an economy purchases goods or services primarily for personal use rather than for resale or for commercial objectives.
The price that consumers pay for the goods or services is followed by consumption. As a result, consumers are an essential component of any economy and play a crucial role in the economic system of a capitalist society.
Learn more about consumer, here
https://brainly.com/question/27773546
#SPJ1
What are the 3 types of budgeting?
Surplus, Balanced, and Deficit Budgets are the three types of yearly government budgets based on estimates.
A budget is a spending plan that takes income and expenses into account. In other words, it's a projection of how much cash you'll have coming in and going out over a given period of time, like a month or a year.
A budget helps maintain financial stability. By keeping track of expenditures and adhering to a plan, a budget makes it easier to save for significant expenses like a car or home. Additionally, it makes it simpler to build an emergency savings and make on-time bill payments. A person's financial status, both now and in the future, is generally improved by having a budget.
know more about expenditures here
https://brainly.com/question/30063968#
#SPJ4
To ensure the best-quality audio for business phone calls, which of the following is the best choice
To ensure quality audio for business phone calls, which of the following is the best choice for a landline connection.
A landline (landline, landline, most important line, home telephone, fixed-line, and wireline) is a cellphone connection that makes use of steel wires or an optical fiber telephone line for transmission, as distinguished from a mobile cellular network, which uses radio waves for signal transmission.
you do not want to have a landline cellphone in case you want broadband. but to get broadband from an Openreach-primarily based provider, your house ought to have a bodily-related phone line.
A landline smartphone is a domestic phone that uses a copper twine connection rather than a wireless connection. they are nonetheless used by many humans nowadays, particularly in areas with bad mobile cellphone reception.
To know more about landline connection visit here:
brainly.com/question/14005787
#SPJ4
Your social media promotion can either narrowly target 50,000 users with an estimated click rate of 10% or broadly
target 250,000 users with an estimated click rate of 1%. Which will get more clicks?
Answer:
Narrow targeting
Explanation:
1% of 250,000 is 2,500
10% of 50,000 is 5,000
A social media promotion can either narrowly target 50,000 users with an estimated click rate of 10% or broadly target 250,000 users with an estimated click rate of 1%. The narrowly target is the best way.
What is social media?Social media is a term used to describe online communication. Social media systems enable users to have discussions, exchange information, and create content for the internet. Social media mostly used in the youth. The social media are to share the information quickly.
The social media promotion is the part of the marketing. The narrowly target is the specific niche of consumers is the target market on the right time to the right audience. The broadly target to the cover the large level of the audience. The narrowly target is the best option in the social media promotion.
The calculation are:
1% of 250,000 is 2,50010% of 50,000 is 5,000As a result, the significance of the social media are the aforementioned.
Learn more about on social media, here:
https://brainly.com/question/30326484
#SPJ6
20)Dustin's starting salary is $40,000. His salary is expected to increase by 4% each year. To the nearest dollar, what is Dustin's expected salary after 5 years
At the end of five years, Dustin must be paid $48666.
What exactly is simplifying?In mathematics, simplifying and simplification refer to the process of operating and interpreting a function to simplify or make the expression easier to understand.
Dustin's starting salary is therefore $40,000 Each year, it is anticipated that his salary will rise by 4%. It is necessary to determine Dustin's anticipated salary after five years to the nearest dollar.
Let the Dustin salary at the end be x, as indicated by the question: x = 40000(1 + 0.04)n
Add n = 5 to the previous equation: x = 40000(1.04)5 x = $48666
To learn more about simplifying here:
https://brainly.com/question/23453741
#SPJ4
What is the best thing that you can do for your financial future?
Set financial objectives, Establish a budget, Prepare for taxes and Establish an emergency fund are some of best things that you can do for your financial future.
What does the future hold for money?A current contract that calls for the delivery of a particular asset in exchange for the selling price at a particular date in the future.
Why should I plan for my future finances?If you have a written financial plan, you can work toward a measurable goal. You can reduce doubt or uncertainty about your decisions and make adjustments to help you overcome obstacles that could impede your progress because you can track your progress.
Why is financial success crucial?On a holistic level, financial success involves more than just having enough money and being financially stable. For the majority of us, success brings happiness and peace of mind. This can be accomplished with the assistance of setting objectives based on the things that are significant to you and your family.
Learn more about financial planning:
brainly.com/question/28532847
#SPJ4
Imagine the federal government has a national debt of $10.2 trillion. Congress's budget for the coming year includes a spending projection of $4.2 billion. Tax revenue projects $3.8 billion. Which fiscal policy should Congress adopt to avoid increasing the national debt
The Congress will adopt the fiscal policy of increasing taxes to avoid increasing the national debt. Hence, option (b) will be regarded as the relevant choice of answer.
Give a brief account on the fiscal policy.Governmental activities that assist guide national economies are regarded as fiscal policy. Several methods, including taxation, are used to accomplish this. Fiscal policy is overseen by a number of different central organisations. In truth, the President and the U.S. Congress are both involved, making it clear that both the executive and legislative branches of the U.S. are in charge of it:
Although modern presidents frequently rely on a council of economic experts as well, the President and the Secretary of the Treasury hold the two most important positions in the executive branch in this regard.Congress in the United States enacts legislation and appropriates funds for all fiscal policy initiatives. Both the House of Representatives and the Senate must participate in, consider, and approve this procedure.To know more about, Fiscal policy, visit :
https://brainly.com/question/29790045
#SPJ4
The complete question is mentioned below :
Imagine the federal government has a national debt of $10.2 trillion. Congress's budget for the coming year includes a spending projection of $4.2 billion. Tax revenue projects $3.8 billion. Which fiscal policy should Congress adopt to avoid increasing the national debt
a. Cut public programs
b. Increase taxes
c. Lower discount rates
d. Reduce open-market operations
Which three functions are necessary between channel partners for an efficient flow of title and product to a customer and for payment back to the product producer
Transactional, logistical, and enabling functions make up the three categories.
What is Transactional functions?One of the three categories of tasks carried out by intermediary in a marketing channel; transactional tasks include purchasing and selling items, as well as the risks involved in maintaining them in stock.
A business technique known as "point of sale" interactions is called transactional marketing. Instead than focusing on forging a relationship with the customer, individual sales are being optimized for efficiency and volume. Payment of bills, money transfers to family members anywhere in the world, payment of government fees, and online purchases are all made simple, inexpensive, and convenient with a transaction account.
To know more about Transactional, visit:
https://brainly.com/question/988455
#SPJ4
ere are 5 levels of economic development. What is the level that is described as having no formal economic organization or monetary system
The absence of a formal economic structure or monetary system is characterized as the initial stage of economic growth.
What constitutes economic development's third stage?However, the majority of development economists concur that the essential phases of development are linked to three distinct transitions: a) an economic structural change, b) a demographic shift, and c) the urbanization process.
What types of economies are there?The four main categories of economic systems are market economies, command economies, mixed economies, and traditional economies. Capitalism and socialism are the two main economic systems in contemporary cultures. The majority of civilizations' economies really combine aspects of both economic systems but lean more toward one of the two poles of the capitalism-socialism spectrum.
To know more about monetary system visit:-
https://brainly.com/question/14510657
#SPJ4
On January 1, 2020, Riverbed Company makes the two following acquisitions. 1. Purchases land having a fair value of $370,000 by issuing a 4-year, zero-interest-bearing promissory note in the face amount of $561,686. 2. Purchases equipment by issuing a 7%, 8-year promissory note having a maturity value of $550,000 (interest payable annually). The company has to pay 11% interest for funds from its bank. (a) Record the two journal entries that should be recorded by Riverbed Company for the two purchases on January 1, 2020. (b) Record the interest at the end of the first year on both notes using the effective-interest method
Discount on Payable Notes, Payable Interest, and Interest Expense are each $22,000, $15,000, and $20,424 accordingly.
What is the interest payable ?1. January 1, 2020, Account Titles and Explanation, Credit, Debit, Land, Discount on Notes Payable, Notes Payable, 337,012. 2. January 1, 2020, Notes Payable 250,000, Equipment 185,673, Discount on Notes Payable 64,327, and Account Titles and Explanation Debit Credit. A. 2. Calculation of the discount on payable notes is then performed: Present value of $250,000 due in 8 years at 11% of maturity value equals $250,000 x 0.43393, which is $108,483.
Present value of $15,000 payable every year for 8 years at a rate of 11% per year equals $15,000 x 5.14612 to 77,192. Discounted from the note's present value of $165,675 is $64,325. Discount on Notes Payable: ($200,000 x 11%) Equals $22,000 (a) (b) 2. The cost of interest is ($185,675 x 11%) = $20,424 , Interest Payable = (15%) ($250,000 x 6%)
To learn more about interest refer to:
https://brainly.com/question/14985685
#SPJ4
Henry Potter owns the only well in town that produces clean drinking water. He faces the following demand, marginal revenue, and marginal cost curves:
demand : p= 70-Q Marginal Reveneu : MR = 70-2Q Marginalcost : MC = 10+Q
a. Graph these three curves. Assuming that Mr. Potter maximizes profit, what quantity does he produce? What price does he charge? Show these results on your graph. b. Mayor George Bailey, concerned about water consumers, is considering a price ceiling 10 percent below the monopoly price derived in part (a). What quantity would be demanded at this new price? Would the profit-maximizing Mr. Potter produce that amount? Explain. (Hint: Think about marginal cost.) c. George's Uncle Billy says that a price ceiling is a bad idea because price ceilings cause shortages. Is he right in this case? What size shortage would the price ceiling create? Explain. d. George's friend Clarence, who is even more concerned about consumers, suggests a price ceiling 50 percent below the monopoly price. What quantity would be demanded at this price? How much would Mr. Potter produce? In this case, is Uncle Billy right? What size shortage would the price ceiling create?
The quantity demanded is 20 units. [MR=MC; 70-2Q=10+Q; Q = 60 /3 = 20]. Shortage's size that price ceiling creates = 10 units of output [(Quantity supplied at $45 - Quantity demanded at 25)= (35 - 25)]. This shortage is because of demand's lack.
Explanationa.) The equation for the demand, marginal revenue and marginal cost for the given problem are as follows:
Demand : p= 70-Q Marginal Reveneu : MR = 70-2Q Marginalcost : MC = 10+Q
Profit is maximized at; MR=MC = 70-2Q=10+Q
Q = 60 /3 = 20
P = 70 - Q = 70 -20 = 50
10% below monopoly price=50(0.9)=45
D=70−Q=70−45=25
MC=10+25=35, MC is less than price
Surplus = Supply -demand = 35-25 =10
At P= 50% below monopoly price; Q=70-25=45
25=10+Q
Q=15(supply)
Hence, There is a shortage of 45-15=30.
b.) Now, Mayor George Bailey about water consumers, is considering a price ceiling that is 10% below monopoly price. Therefore, the price ceiling will be = (50- 5) = $ 45. And at this price ($45), demand quantity would be 25 units of output. Hence, the profit maximizing Mr. potter would not produce that amount because quantity supplied is more than quantity demanded.
c.) Now, George's uncle Billy tells that price ceiling is bad idea because it causes shortage. Yes, he is right in this case. As it has been observed above. further, shortage's size that price ceiling creates = (Quantity supplied at $45 - Quantity demanded at)= (35 - 25) = 10 units of output. This shortage is because of demand's lack.
To learn more about marginal cost visit:
https://brainly.com/question/15583202
#SPJ4
The quantity demanded is 20 units. [MR=MC; 70-2Q=10+Q; Q = 60 /3 = 20]. Shortage's size that price ceiling creates = 10 units of output [(Quantity supplied at $45 - Quantity demanded at 25)= (35 - 25)]. This shortage is because of demand's lack.
What quantity would be demanded at this new price?The equation for the demand, marginal revenue and marginal cost for the given problem are as follows:
Demand : p= 70-Q Marginal Revenue : MR = 70-2Q Marginal cost : MC = 10+Q
Profit is maximized at; MR=MC = 70-2Q=10+Q
Q = 60 /3 = 20
P = 70 - Q = 70 -20 = 50
10% below monopoly price=50(0.9)=45
D=70−Q=70−45=25
MC=10+25=35, MC is less than price
Surplus = Supply -demand = 35-25 =10
At P= 50% below monopoly price; Q=70-25=45
25=10+Q
Q=15(supply)
Hence, There is a shortage of 45-15=30.
b.) Mayor George Bailey is currently thinking about setting a price cap 10% below the monopoly price for water consumers. As a result, the price cap will be $ 45 = (50- 5) Additionally, the demand quantity would be 25 units of output at this price ($45). Therefore, Mr. Potter would not manufacture that much because there is a surplus of supply compared to demand.
What size shortage would the price ceiling create?Billy, George's uncle, now claims that a price cap is a bad idea since it results in shortages. Yes, in this instance, he is correct. like what was mentioned earlier In addition, the extent of the shortage caused by the price ceiling is calculated as follows: (Quantity supplied at $45 - Quantity required at)= (35 - 25) = 10 units of output. The lack of demand is what's causing this shortage.
To learn more about marginal cost visit:
brainly.com/question/15583202
#SPJ4
A customer wants to buy $12,000 worth of stock using other marginable securities owned as collateral for the purchase. With Regulation T at 50%, what must the current market value of the securities deposited be
A customer offers to put up other owned bring about a positive securities as backing for the buying of $12,000 worth of shares. The original margin is referred to as this.
Which one of the following can be used to satisfy a Regulations T call of initial margin when buying a security?Depositing cash equal to the call will satisfy a first-time Regulation T margin call. listed securities that are marginable and have a loan value equivalent to the call. In order to satisfy a Standard T margin call, an investor may deposit cash or deliver securities with a value equivalent to the loan amount of the call.
How much additional common stock is available for purchase without a deposit?You may borrow up to 50% of the purchase price of margin securities in accordance with Federal Reserve Board Regulation T. The original margin is referred to as this. Some businesses want a larger deposit.
To Know more about marginable Visit:
https://brainly.com/question/13267735
#SPJ4
Ttttthhhhheeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee accounf is not working
Answer:
Step by step explanation
on the forbes 2015 list of the worlds billionares bill gates ranks at the top with a net worth of 79.2 billioon does this richest man in the world face fcarcity only affect those with more limited incomes and lower net worth
Resources are few, thus Bill Gates must deal with scarcity.
William Henry Gates III, a corporate magnate and philanthropist, was born on October 28, 1955. He established Microsoft with his late childhood friend Paul Allen. Gates held the positions of chairman, CEO, president, and chief software architect at Microsoft. He was also the largest individual shareholder in the company from May 2013 to May 2014. In the 1970s and 1980s, he played a crucial entrepreneurial role in the microcomputer revolution. Gates was born and raised in Seattle. He and Allen founded Microsoft in Albuquerque, New Mexico, in 1975. The company eventually became the largest producer of personal computer software globally. Gates presided as the company's chairman and CEO until January 2000, when he resigned and was succeeded by Steve Ballmer. He also served as the company's lead software architect. His business practices, which have been deemed anti-competitive, came under fire in the late 1990s. Many judicial judgements have supported this opinion.
Learn more about Bill Gates here
https://brainly.com/question/11297256
#SPJ4
When segmenting a broad product-market, it is especially important that marketers create segments Multiple Choice that are small in size. that are simple. that are operational. where the members of a given segment are as diverse as possible. that are the same with respect to their responses to marketing mix variables.
Targeting wide categories is uncommon in direct and digital marketing. The assertion made is untrue.
An organization's marketing department is responsible for promoting the products and services it provides. The act of informing current and future customers about a product's features and advantages is known as marketing. Digital marketing is marketing that uses technology that has been digitized, such as emails, telemarketing, and more. Distributing flyers, placing ads in newspapers, and other forms of direct marketing are examples of this technique. A company that wants to stand out from the competition uses the strategy of developing unique products for a target market and making money by appealing to this market. The business employs this tactic to produce such distinctive goods that set it apart from its rivals.
Learn more about Marketing here:
https://brainly.com/question/28285493
#SPJ4
Hey Y’all what should I wear today? Wear I live it is going to be 50’s and 60 degrees today. Should I wear Jean pants, Leggings or sweat pants.
A perfectly competitive firm has the cost function TC = 1000 + 2Q + 0.1 Q2. What is the lowest price at which this firm can break even?
Answer:
Concept & example of breakeven point
Explanation:
Break Even point is where, Total Revenue = Total Cost. So, dividing entire equation by Q, Average Revenue ie Price = Average Cost.
TC = 1000 + 2Q + 0.1 Q^2 , AC = TC / Q , AC = 1000 / Q + 2 + 0.1Q Lowest Price ie AR for breakeven, is where P = AC. So, P = 1000/Q + 2 + 0.1Q
Eg : For quantity Q = 100, minimum price for breakeven, at P = AC is (1000 / 100) + 2 + 0.1 (1000) = 100 + 2 + 100 = 202
Andy, age 65 and Melody, age 45 are married and will file a joint return. They have unreimbursed medical expenses of $5,000 and an AGI of $50,000. What are their deductible medical expenses on Schedule A, line 4
Andy, age 65 and Melody, age 45 are married and will file a joint return. The deductible medical expenses on Schedule A, line 4 for Andy and Melody are $3,750.
This is due to the fact that they are over the age of 65 and have an AGI of $50,000.Since they are over the age of 65, they are subject to an additional threshold of 7.5% of their AGI which is $3,750 ($50,000 * 0.075). This means that their deductible medical expenses are the total medical expenses of $5,000 minus the threshold of $3,750, which equals $1,250.
Hence the correct answer is $3,750.
To know more about deductions here
https://brainly.com/question/29416900
#SPJ4
In most societies, resources are allocated by Group of answer choices a single central planner. a small number of central planners. those firms that use resources to provide goods and services. the combined actions of millions of households and firms.
Answer:
In most societies, resources are allocated by
D. The combined actions of millions of households and firms.
Explanation:
In most societies, resources are allocated by
a. a single central planner.
b. a small number of central planners.
c. those firms that use resources to provide goods and services.
d. the combined actions of millions of households and firms.
I hope this finds you well!!!
In most societies, resources are allocated by the combined actions of millions of households and firms. The last option is the correct answer.
The process of identifying all available resources for a project, whether labor or monetary and strategically assigning them to tasks that allow them to do their best work is known as resource allocation.
To avoid staff burnout, effective resource allocation should ensure that work is distributed fairly across all resources. Effective resource allocation should empower teams by ensuring that resources have the requisite skills, knowledge, and training to fulfill assigned tasks.
Therefore, the combined actions of millions of households and firms result in resource allocation in most societies.
To learn more on resource allocation, here:
https://brainly.com/question/31171404
#SPJ6