This is an example of <u>Corner Solution.</u>
- A corner solution is a unique answer to the agent maximisation problem when one of the inputs in the maximised function has a quantity of zero. In layman's words, a corner solution occurs when the chooser is unable or unwilling to make a trade-off between several options.
<h3><u>In consumer theory, what do we mean by "corner solutions"?</u></h3>
- A corner solution is one in which none of the goods are present in the ideal bundle. 49 / 70. Consumer choice restrictions. The indifference curve is to the budget constraint at the best bundle if there is an inside solution.
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Answer:
Find the answers below
Explanation:
a. Sales ……………………………………. Budgeted Income Statement
b. Administrative salaries paid…..Budgeted Income Statement
c. Accumulated depreciation………._____ Budgeted Balance Sheet
d. Depreciation expense……………Budgeted Income Statement
e. Interest paid on bank loan….….Budgeted Income Statement
f. Cash dividends paid…………………Budgeted Income Statement
g. Bank loan owed………………………Budgeted Income Statement
h. Cost of goods sold.........Budgeted Balance Sheet
Answer:
Capital Gains Yield = - 0.19149 or - 19.149%
Explanation:
A capital gain is the increase in the value of an investment. A capital gain on a stock is the price appreciation of the stock as compared to the price for which the stock was purchased or acquired. The capital gains yield can also be negative if the price of the stock depreciation as compared to the acquisition price.
The formula to calculate the capital gains yield is as follows,
Capital Gains Yield = (P1 - P0) / P0
Where,
- P1 is the new price
- P0 is the initial or acquisition price
Capital Gains Yield = (38 - 47) / 47
Capital Gains Yield = - 0.19149 or - 19.149%
Answer:
C Thursday following the auction date
Explanation:
Based on the information given in a situation
were the customer's bid wins which means that the SETTLEMENT OF THE TRANSACTION of the amount of $10,000,000 which represent the COMPETITIVE BID amount will occur on THURSDAY FOLLOWING THE AUCTION DATE reason been that auctions are often carried out on Monday and Tuesday or either Monday or Tuesday, In this case the Competitive bid amount of $10,000,000 must be paid for by that thursday following the auction date.