Answer:
1. D (higher income with variable costing) 2. B (fixed costs remain the same as production level changes 3. C (variable costs decrease as production decreases)
Based on the information given, the loss for the perfectly competitive market will be $210.
From the information given, the average total cost of 70 units is $8. Therefore, the total cost will be:
= 70 × $8 = $560.
The revenue will be:
= Price × Quantity
= $5 × $70
= $350
Therefore, the loss will be;
= Total revenue - Total cost
= $350 - $560
= -$210
Therefore, the loss is $210.
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<span>The question: "When
an insurance company needs to provide a payout, the money is removed from?”
follows the answer:
In order for the insurance company to provide the payout,
the money is removed from the consumer’s income. The money may also be removed
from the pool of funds of the insurance company.</span>
The money supply decreases when Citi Bank repays a loan they had previously taken from the Fed. The money supply within Citi Bank decreases because they no longer have the money as they have paid it back to the Fed. The Fed's supply of money then increases.
Answer:
578.22
Explanation:
Oct 1st $ 21,000 at 10%
Dec 6th $ 5,000 at 9%
Dec 16th $ 4,000 at 11%
Principal x rate x time = interest
being rate and time expressed in the same metric.
21,000 x 0.10 x (31 + 30 + 31)/365 = 529.3150685
5,000 x 0.09 x (31-6)/365 = 30.82191781
4,000 x 0.11 x (31 - 16)/365 = 18.08219178
Total interest accrued: 578.2191781