The figure to the right illustrates the U.S. market for rugs made in a particular foreign country. Suppose the market price of rugs is $2,000. At a price of $2,000, there will be of rugs. To reach an equilibrium, the price of rugs in this market must

Q: Remember that Molly has a $2500 down payment saved for this purchase. The dealer will take the $500…

A: The loan is the amount of money which would result in the amount of money borrowed and used for…

Q: What is MARR and how do you choose it?

A: While making a decision to invest in a new project, the managers of companies do an analysis to…

Q: What can people do to save money and grow their wealth? What should be the top priority when it…

A: Money: - anything that can be accepted as an exchange for goods and services is known as money.

Q: Contract.

A: Each organisation will have its own contract. Some will have more clauses, while others will have…

Q: Why should you talk to your banker before beginning to look for a home? to get a building inspector…

A: Although looking for a home can be exciting and enjoyable, serious homebuyers should begin their…

Q: Why would someone choose a fixed rate loan over a variable rate loan?

A: In the field of economics, a loan is defined as the act of lending money or resources by one party…

Q: I typed it in, it's wrong

A: Elasticity of demand is a concept used in economics to measure the responsiveness of the quantity…

Q: Give examples of pre-startup expenses

A: As the name suggests PRE-STARTUP where Pre means before. So, Pre startup costs are the costs that…

Q: What’s a debit?

A: The word debit is derived from an Italian word Debito. A debit is a record regarding money when…

Q: Carson used $800 000 of their savings to open a coffee shop. The savings account paid 2% interest.…

A: We know that the economic profit is the difference between the total sales revenue of output and the…

Q: The parts where it is written on paper the paragraphs below. Can you please type them as I do not…

A: Budget line shows the relationship between the goods , their prices and the income of consumer.  The…

Q: The South Korean Government in the 1970s decided to follow a strategy of increased investment in…

A: Scarcity refers to the limited availability of resources, that are used to produce goods and…

Q: Cash receipts journal

A: GDP or the gross domestic product is the value of all final goods and services which are produced…

Q: How purchasing power affect the business?

A: Meaning of Macroeconomics: The term macroeconomics refers to the situation of economic and…

Q: Can you solvie it step by step. Manually

A: Engineering economics entails a methodical analysis of the financial advantages of suggested…

Q: Calculate the value of savings if APS is 0.45 and income is $1200

A: In the above question, we are given with the values as:- Average propensity to save = 0.45 Income =…

Q: You want to be able to withdraw $50,000 each year for 15 years. Your account earns 5% interest. a)…

A: The amount of money necessary to pay upfront and ongoing fees in order to afford a loan or…

Q: Why some companies avoid making up-front costs or payments?

A: Companies may require front costs / payments or back cost / payments. Some companies generally have…

Q: what is continous and discrete payments?

A: Discretely compounded interest is calculated and added to the principal at specific intervals (e.g.,…

Q: If your receive $500 in simple interest on a loan that you made for $10,000 for 5 years, what was…

A: here we calculate the interest rate charged which are as follow-

Q: usefulness of e-money and versus digital cash.

A: Firstly the barter system was used for buying and selling of goods in which goods were exchanged for…

Q: how do you calculate customer's life time value?

A: In this world of tough competition customers are acquired and lost over the firm’s lifetime, but a…

Q: What do you need to provide when you request your free credit report? first and last name only first…

A: For the given question, the particulars that are required for a free credit report need to be…

Q: Discretionary and Essential Expenses

A: Expenses of the firms are the major and most important part of a business firm or a company. The…

Q: On November 4, you get a boat loan.  Your first payment is due December 4.  You write out your check…

A: TVM refers to the concept that a sum of money is value more now than the same sum will be at a…

Q: What is the time value of money?

A: Time value of money (TVM) is a concept that emphasizes on the opportunity cost of money, and…

Q: What is the cheapest loan?

A: A loan is the lending of money by an individual or a group to another individual or a firm, with an…

Q: please check the calculations. i think they are wrong

A: Net cash flow is actually profitability ratio which indicates the profits in a specific period of…

Q: Write the different loan terms?

A: A loan is when one or more people, organisations, or other institutions lend money to other persons,…

Q: Sara has health insurance with a $2,000 annual deductible, a $3,000 stop loss provision and 80/20…

A: Insurance refers to a type of financial product intended to shield people and businesses from the…

Q: You are looking for a car to lease. Your income is $3,000 per month, and you know that you should…

A: Answer: Given, Monthly income = $3,000 20% of income=3000×2010020% of income=600Total money for car…

Q: What is the Excel method?

A: Excel is a computer spreadsheet program that consist of rows and columns. Excel is used to store…

Q: The value of savings is $390 and income is $650 Calculate APS

A: The information given to us:- Savings of household = $390 Income of household = $650 We have to find…

Q: If you put your $100 into a saving account which earns 5% interest, how long does it take for your…

A: Given information: Amount kept in saving account = $100 Interest rate = 5%

Q: absolute deeds of sale vs conditional sale

A: Consider the scenario of a sale of a property. Here, the ownership of the property is transferred to…

Q: Why is it important to follow the FIFO in doing and INVENTORY?

A: Both the raw materials utilised in manufacturing and the final commodities that are ready for sale…

Q: please answer letter h.  thanks!

A:

Q: Factorise 5x -xa a. x(5-a) b. a(5x-1) c. 5(x-a) d. x(5-x)

A: The objective of the question is to factorise the given expression 5x - xa.

Q: how  you know what c value to look a

A: A strategy is said to be dominating when choosing it provides better payoffs independent of the…

Q: One In the News article titled "CDs Not Paying Much" suggests that Multiple Choice O Interest rates…

A: Interest rate:Interest is the amount that you get on the deposits. it can be fixed or compound,…

Q: You need a car. You decide to purchase a new car for $12,000 and sell it in one year. If you don't…

A: Opportunity cost is the cost of producing one good in terms of other.  Opportunity cost shows the…