40 POINTS!! Decorative text available to include in a document is known as ____

A businesswoman wants to determine the difference between the costs of owning and leasing an automobile. She can lease a car for

Papessa [141]

Answer:

$24,000

Explanation:

For computing the least number of miles first we need to calculate the total annual costs for both the plans that are shown below:

For leasing:

Fixed monthly cost = $480

So, yearly cost = $480 × 12 = $5,760

Cost per mile = $0.04

Let x is the miles driven

So, the equation would be

= $5,760 + 0.04x ........................... (1)

Now In case of purchasing:

Fixed yearly cost = $4,800

Cost per mile = 0.08

The equation would be

= $4,800 + 0.08x ......................... (2)

Now equate these equations

So,

Cost of leasing ≤ Cost of purchasing

$5,760 + 0.04x ≤ $4,800 + 0.08x

$960 ≤ 0.04x

$24,000 ≤ x

4 0

2 years ago

The country of Micronesia is currently experiencing a recessionary gap. The size of the recessionary gap is $500 billion. If the

anastassius [24]

Answer:

The appropriate solution is "100 billion".

Explanation:

The given values are:

Recessionary gap (Total change),

= $500

Marginal propensity consume (MPC),

= 0.8

Now,

Multiplier will be:

= $\frac{1}{1-MPC}$

On putting the value of MPC, we get

= $\frac{1}{1-0.8}$

= $5$

As we know,

⇒ $Total \ change=Government \ spending's \ increase\times Multiplier$

⇒ $Government \ spending's \ increase=\frac{Total \ change}{Multiplier}$

On substituting the values, we get

⇒ $=\frac{500}{5}$

⇒ $=100 \ billion$

8 0

2 years ago

In which stage of the product life cycle is the smashburger restaurantâ€‹ concept?

liq [111]

Smashburger Restaurant Concept is under the stage of GROWTH in product life cycle. They already have 370 corporate and franchise outlet all over the world which operates in 9 different countries. It is the stage wherein they are still expanding and the income is still growing.

5 0

2 years ago

Suppose you have a dinner gift certificate for $20. You can use it to order meatloaf or pot roast. Meatloaf costs $12, and pot r

antiseptic1488 [7]

Suppose you have a dinner gift certificate for $20. You can use it to order meatloaf or pot roast. Meatloaf costs $12 and pot roast costs $14. Meatloaf and pot roast are both worth $15 to you. The dollar value of the opportunity cost of choosing meatloaf instead of pot roast is $15 EX.

<h3>What Is Opportunity Cost?</h3>

Opportunity costs represent the potential benefits that an individual, investor, or business misses out on when choosing one alternative over another. Because opportunity costs are unseen by definition, they can be easily overlooked. Understanding the potential missed opportunities when a business or individual chooses one investment over another allows for better decision making.

Opportunity cost is often overlooked by investors. In essence, it refers to the hidden cost associated with not taking an alternative course of action. If, for example, a company pursues a particular business strategy without first considering the merits of alternative strategies available to them, they might fail to appreciate their opportunity costs and the possibility that they could have done even better had they chosen another path.

Formula Of Opportunity Cost

Opportunity Cost=FO−CO

where:

FO=Return on best forgone option.

CO=Return on chosen option.

Learn more about Opportunity cost on:

brainly.com/question/12121515

#SPJ4

8 0

1 year ago

Why does supply decrease when the price<br> of resources increases?

krek1111 [17]

Answer:

see below

Explanation:

Resources are the ( inputs) materials used in the production of goods meant for sale. The cost of inputs has a direct impact on the price of the finished goods(output). An increase in the cost of inputs increases the cost of production. An increase in production cost increases without a corresponding rise in the selling price means that the profits margin per unit will decline.

Suppliers are motivated to sell or deliver more quantities in the market by profit prospects. An increase in the costs of inputs decreases profit margins. Reduced profits margin result in suppliers supplying reduced quantities in the markets.

4 0

2 years ago

40 POINTS!! Decorative text available to include in a document is known as _____.