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Sillydork7853
28.02.2020 •
Business
If Billy's willingness to pay for one snowboard is $250 and his willingness to pay for a second snowboard is $400, how many snowboards would he buy if the market price of snowboards is $500?
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Ответ:
Billy will be Zero (0) snowboard
Explanation:
Billy won't be buying any snowboard because Billy's willingness to pay for one snowboard is $250 and for a second snowboard is $400, both of which are under the prevailing market price of $500. If Billy wants to get the snowboard, he must be willing to pay the market price if $500. With him not willing to pay that amount, Billy would not buy any snowboard.
Ответ:
$80,000
Explanation:
Given that,
Annual interest rate = 6%
Lease term = Eight month
Monthly payment at the end of each month = $10,000
King cones earning reduced by $10,000 per month.
Therefore,
Lease Expense = Monthly payments × Lease term
= $10,000 × 8
= $80,000
Above is the lease expense for the eight month term, ignoring taxes.