Wanda takes $3,000 from her savings account that pays 5 percent interest per year and uses the funds to purchase a computer for $3,000 for her business. At the end of the year the computer is worth $2,000
Wanda pays an implicit rental rate of ________ a year. A) $1,150
B) $4,000
C) $3,150
D) zero
A
Economics
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The objective of creating a brand name is:
a. to reduce the price of the product. b. to ensure a steady supply of the good in the market. c. to reduce the price elasticity of demand. d. to reduce the cost of production of the firm. e. to attract rival firms into the market.
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When a government reduces its budget deficit, then that country's
a. supply of loanable funds shifts right. b. supply of loanable funds shifts left. c. demand for loanable funds shifts right. d. demand for loanable funds shifts left.
Economics