Under a new company employees savings plan, an employee will pay 250 at the beginning of each month for 5 years, and the management guarantees accumulation of the savings at 6% compounded annually. How much will be the amount of the savings plan of each employee after 5 years? Select one: a. 66,780  b. 64,535  c. P 69,540  d. 68,620 The correct answer here is 68,620. Please show how it is solved.

Q: Elasticity. At the current price of cigarettes at P25 per pack, current consumption was determined…

A: An elastic demand is one in which a change in price causes a large change in quantity demanded. The…

Q: Consider a consumer whose preferences are represented by a utility function u(a, y) = a0.5 5. Are…

A: Utility function can be defined as the measure for a group of goods and services preferred by…

Q: If a limited partnership is dissolved, the order in which the limited partnership's assets are…

A: Limited partnership:-  A limited partnership is identical to a traditional partnership agreement,…

Q: Explain five categories of price elasticity of demand with the aid of appropriate diagrams.

A: Price Elasticity of demand  Price elasticity of demand measures the change in Consumption Quantity…

Q: "Knowing how to secure your financial well-being is one of the most important things you'll ever…

A: The investments and savings accounts helps your money grow over time. Different types of investments…

Q: A wastewater treatment facility is planning to purchase a new sludge dryer equipment to replace its…

A: Rate of return for a project or the internal rate of return for a project, denoted as IRR, is…

Q: (c) Assume that the economy's production function is Cobb Douglas so per-capita output is y = kª,…

A:

Q: 1. Given: TC = 800 + 10g +1.5q; Price = 100 a. Identify the output level (q*) that will maximize the…

A: The firm maximizes profit by producing at a point where price is equal to marginal cost

Q: The minimum wage originally was only 25 cents an hour. Today it is $7.25 an hour. Assume that…

A: The bare minimum of payment that an employer must pay wage workers for work done during a certain…

Q: Table 2 shows elements in the national income accounts of an economy. Assume the economy is…

A: As per the guidelines answer is given to the first three subparts. 1. "Equilibrium level of income…

Q: Given the government pays someone to build a bridge, according to John Maynard Keynes, how would…

A: John Maynard Keynes was a great economist and was in the view to encourage the aggregate demand in…

Q: There once was a town where thanks to expansive fiscal policy in Washington, the town had more money…

A: In this question:- Due to expansive fiscal policy in Washington, the town had more money to fix…

Q: Question 7 Suppose there are two types of individuals: Low demand individuals with demand Qp(P) =…

A: An individual's demand for a product or service is known as individual demand (or a household). This…

Q: Describe how government can address market failures such as pollution externalities and mitigate…

A: When the price system fails to account for all of the costs and advantages associated with providing…

Q: Discuss briefly why competition exists in the industry? Give atleast Five reasons.

A: Competition in the industry exists due to following 5 reasons:- 1) Product features 2) Number of…

Q: (a) Why is education and training rarely provided by firms? What government policies would encourage…

A: Endogenous growth theory is referred to the economic theory that can argue that there is a…

Q: Suppose firms are optimistic about the outlook of the economy and they decide to increase…

A: The equilibrium is established where the aggregate demand and aggregate supply are equal.  The…

Q: MC MC ATC ATC Quantity MR (A) Quantity MR (B) MC MC ATC ATC D= MR Quantity (C) Quantity (D) MR 25.…

A: A firm will maximise profit at a point where marginal revenue is equal to marginal cost and price is…

Q: Describe what will happen to equilibrium price and quantity of each commodity given the…

A: The equilibrium price is the point at which the quantity demanded (Qd), and quantity supplied (Qs)…

Q: Table 1. Unit Labor Requirements                             Vietnam Indonesia Coffee 70 40…

A: A country or an individual is set to have an absolute advantage if it can produce more of a good…

Q: Marginal Average Marginal Total Output Price Revenue Total Cost Cost 1 $ 100 $ 100 $ 100.00 $30 90…

A: Demand curve and marginal revenue curve slopes downward. Marginal revenue lies below the demand…

Q: demand curve f monopolist lies above the marginal revenue curve a) Its demand curve is perfectly…

A: There is a single firm in the monopoly market. The demand curve slopes downward.

Q: A perfectly competitive firm faces the short-run cost schedule shown in Table 1. 5 6 7 52 68 93…

A: In its most basic form, total cost (TC) refers to all of the expenses associated with producing…

Q: The following are market demand and supply equations for a perfume product: QD = 70 − 4P QS = 10 +…

A: The demand curve is a downward sloping curve which indicates the negative relationship between price…

Q: You are faced with making a decision on a large capital investment proposal. The capital investment…

A: Computation of net cash flow of the project Given in the question: Capital Investment = $640,000…

Q: Question 3 Suppose that the production function is given by: Y = 0.5 K0.3 No.7 where Y is aggregate…

A: The steady state reached where per capita variables such output per worker, capital per workers do…

Q: Spot exchange rates 1-year Forward Rates Contract size $ 1.00 Rs. 100 $ 1.00 Rs. 120 Rs. 12,500,000…

A: Exchange rate risk refers to the risk that a company's operations and profitability may be affected…

Q: (Q#5) The economy has fallen into a "double dip" recession and national production (GDP) in real…

A: As per the guidelines answer is provided to the first question i.e. Q5. Q5. "Recession means a…

Q: MULTIPLE CHOICE (identify the one best answer and provide explanations): Consider an economy in…

A: Growth is the rise in a country's production per capita over a lengthy period of time. Technological…

Q: In the short run, a tool manufacturer has a fixed amount of capital. Labor is a variable input. The…

A: a. Marginal revenue product of labor = =marginal product * price MRPL(11)=16*6=96 and so on…

Q: 1."In a long run, a profit-maximizing firm would never knowingly market unsafe products. However, in…

A: A firm that plans to be in the market for a long time will always protect its brand and monitor…

Q: A perfectly competitive firm faces the short-run cost schedule shown in Table 1. A)  Calculate…

A: Optimum level of output in perfect competition occurs when marginal cost and marginal revenue are…

Q: n a closed economy, suppose fiscal policy adds $500 bln in new government spending to GDP. Will the…

A: In a closed economy, if a fiscal policy adds $500 billion in new government spending to GDP, the…

Q: Assign the different theories to the source of gains from trade in the theory (e.g. specific factors…

A: Melitz (2003) model talks about trade liberalization whereby the there is reallocation of resources…

Q: If the price of petrol increases by 4% and the demand for petrol falls by 1%, what is the price…

A: Price elasticity of demand measures the responsiveness of quantity demanded with respect to change…

Q: 4. The payoff matrix for game is a 4. -3 3 A = -4 2 1 3 -5 2 (a). Find the expected payoff to the…

A: Given pay off matrix Here Row player is player R Coolum player is Player C Each has 3 strategy

Q: Betty has the endowment (8 eggs, 20 yogurts), which she can trade on the market. If the price of…

A: Given, Price of eggs =$1.8 per eggPrice of yogurts = $2.7 per yogurtQuantity of eggs =8 eggsQuantity…

Q: he demand and total cost functions for a monopoly firm are:   Q(P) = 39.5 – 0.5P   TC(Q) = 60 – Q +…

A: Socially Optimal Output for the monopoly is achieved where P = MC

Q: How might immigration impact the market for labor in the host country? how does it affects the…

A: Individuals who move from their own country or region to live in a place where they are not native…

Q: 250 + 0.30Y4 = 250 + 0.30(Y – T) c00 500 250 all answers in 2-decimal places: larginal Propensity to…

A: Equilibrium condition. Y=C+I+G

Q: discuss two methods that the government may use to intervene in the market to eliminate the market…

A: The market that does not tend to succeed in incorporating all information that is available into a…

Q: What economic rationale exists for the use of regional economic development incentives?

A: The correct answer is given in the second step.

Q: A coupon bond has two years to maturity, a face value of $1000 and a coupon rate of 2%. The yield to…

A: Given, Par value of bond =$1000 Number of years to maturity = 2 Annual coupon of bond = 2% *1,000…

Q: 2. A firm is considering purchasing equipment that will reduce cost by P520,000. The equipment costs…

A: Given: Reduction in cost=P 520000 Equipment cost=P 340000 Salvage value=P 42000 Interest rate=12%…

Q: Assume that the economy is facing a GDP gap. 1. Write a report explaining why that might have…

A: There are two types of GDP gaps i.e. rrecessionary output gap and the inflationary output gap. In…

Q: Households' consumption function is: C=100+0.7Y Households are more pessimistic about the future and…

A: "In the consumption function C=100+0.7Y, 100 represents the consumption function intercept and 0.7…

Q: On which of the following issues did Trump focus during the midterm 2018 campaign? successful…

A: During the midterm 2018 campaign, Trump focussed on many issues including health care, immigration…

Q: Why are banks susceptible to potential bank runs? Group of answer choices Banks make many…

A: Bank runs are such a situation where a large number of customers of bank or any other financial…

Q: MRC w. Quantity of labor Refer to the above diagram. Assuming monopsony, the firm represented will…

A: In a monopsony labor market, there is only one employer in the market.  In a monopsony labor market,…

Q: Table 18-7 Number of Marginal Product Value of Marginal Marginal Workers Output of Labor Product of…

A: Marginal product of labor refers to change in total product with change in labour input.