Which statement explains how people working in their own self-interest produce goods, services, and wealth for others?

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: It says 6Qs NOT 60s, can you please redo

A: Demand:Demand  is the desire of an individual ability and willingness to pay for a product. The…

Q: why do we minus the 30,000? cant we just only add up the cost iccured by this decision?

A: Opportunity cost means the forgone income.  It means what actual amount we have lost in acquiring…

Q: Why do we call Why do we have phone's How can we us our mobile to call people from overseas

A: Why do we call This is in line with the previous explanation that most of callers call to find a…

Q: Find savings If :- APS = 0.21  Income = $2200

A: Given: APS = 0.21  Income = $2200 To find: Savings

Q: Find the final hourly wage if a $10.50 starting wage is increased by 4.5% every 6 months for 9…

A: Here we have to calculate the final wage given the increase ration of 4.5% every 6 months for 9…

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: How can we find Annual Equivalent?

A: We can find the annual equivalent by using the following formula.

Q: Use the following figure to answer the question: What is the consumer surplus in this market when…

A: Demand curve is the downward-sloping curve. Supply curve is the upward-sloping curve. Equilibrium is…

Q: Define the term Annual Percentage Rate?

A: A rate at which a borrower is ready to pay and depositor is ready to receive the money is known as…

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: Jose buys a motorcycle for 125,000 and plans to keep it for 10 years after which it will be sold for…

A: Cost of motorcycle = 125,000 year = 10 Depreciation = 10,500

Q: How did you compute 7.2%?

A: Stay-even analysis shows if your change in price is viable or profitable or not. The formula for…

Q: Under a dwelling property form DP-2 . Which of the following terms is used to describe on which…

A: A DP2 coverage covers your property for its replacement cost, or the full amount needed to replace…

Q: (1) nicol's 2013 income was $ 51,309. she is single and claims 2 exemptions and take the standard…

A: Given: Nicol's 2013 income was = $ 51,309 The 2013 tax exemption is = $3,900 The standard deduction…

Q: What is the difference between legality and intention?

A: The legality and intention are all the terms to make a contract legal. The contract will only become…

Q: The return a lender receives for allowing borrowers the use of their savings for one year,…

A: Disinflation is the decrease in inflation rate over years.  Real interest rate is the rate of…

Q: I did upload one question at a time but I kept getting a regetted and had no choice. Thank you for…

A: When making daily decisions, both people and small businesses can more accurately assess market…

Q: ICD-10 was implemented in October 2015. Summarize how the industry handled it.

A: The first international classification list called as international list of causes of death was…

Q: B  (iii) to (v)

A: AC(average cost) is the ratio of the TC(total cost) and the q(quantity). It is U-shaped in…

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: Please help with part D

A: A Pareto efficient allocation is one in which one party can be made better off only at the cost of…

Q: How can the current assets be converted to cash or its equivalent?

A: The products which are conveniently solid, consumed or exhausted through the use in standard…

Q: Living in retirement 25 years Retirement age 65 Annual income $100,000 Interest Rate 6% Need 2…

A: Answer - Need to find- Present value  Given in the question- Living in retirement 25 years…

Q: When compared to a large business, a small business has O roles that are shared across a larger…

A: An organization or entity that is being engaged in activities of industrial, commercial, or…

Q: Government-imposed taxes cause reductions in the activity that is being taxed, which has important…

A: There are many sub-parts of the question. As per honor code, we can only provide solution of first…

Q: What is the base period?

A: Economics studies how scarce resources are allocated in a manner that most of the human needs are…

Q: Ans for part D

A: As given utility function is U(B,P) = 2B +P Given utility function is case of perfect Substitute…

Q: Calculate Your Taxes To find your net pay, you'll need to first calculate your taxes. Start period…

A: When a person receives his/her income, he/she has to pay a certain number of taxes that include…

Q: You have 1 account:   The balance owed is $1500 and a $7500 credit limit.   What is the maximum…

A: A debt-to-credit ratio compares the amount of debt an individual owes to the total of credit limit…

Q: Inmportance of Management ragene

A: To clarify the significance of the management in the current business situation, the accompanying…

Q: Michael started to work in 2001 at an annual salary of £20500, she received a £1100 raise each year.…

A: Here, it is given that the initial amount of salary received by Michael is £20500  in 2001 and he…

Q: When do you release a retentiong guarantee/bond?

A: A retention bond is a kind of performance bond that protects the customer in the scenario when the…

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: This ended up being wrong. Can you please re-do? Thanks

A: Market equilibrium: At the market equilibrium demand equals supply. Or at market equilibrium point…

Q: A $700 laptop has 10% tax. Find the total amount due.

A: The value of laptop = $700 The tax rate = 10%

Q: Which factor does NOT need to be shown on a binder? OA) Value of the home OB) Location of the home…

A: DISCLAIMER  “Since you have asked multiple questions, we will answer the first question for you. If…