Dennismommie
07.11.2020 •
Business
In each of the following situations, list what will happen to the equilibrium price and the equilibrium quantity for a particular product, which is an inferior good. DRAW THEGRAPHS
a. The population decreases and productivity increases
b. Income increases and the price of inputs increase
c. The number of firms in the market decreases and income decreases
d. Consumer preference decreases and the price of a complement increases
e. The price of a substitute in consumption increases and the price of a substitute in production increases
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Ответ:
$4,375
Explanation:
Annual Depreciation at end of year 5 is the same as every year as this is classical straight line depreciation.
= (Cost - Salvage value) / Useful life
= (40,000 - 5,000) / 8
= $4,375