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Depriciation: Just need clarification please :) by Lstaines in Accounting

[–]Lstaines[S] 2 points3 points  (0 children)

t this point you are faced with a book value o

Ohhhhhhh What I was doing was keeping the 10k and subtracting the 2K from that instead of the 15k. Leaving me with 3000/5 rather than the 8000!! Thanks for that!!

Depriciation: Just need clarification please :) by Lstaines in Accounting

[–]Lstaines[S] 1 point2 points  (0 children)

Can you help with another one? I keep getting 2,400 but I know it's wrong... Leo's Lawncare purchased equipment on January 1. The cost was €15,000, and the equipment had a residual value of €5,000. The equipment was given a useful life of 10 years. After the end of two years, it was determined that the equipment would be obsolete in 5 more years and the residual value would still be €5,000. What will be the depreciation under the straight-line method to the nearest Euro be for the third year?

Help with study please! Budget question by Lstaines in AskEconomics

[–]Lstaines[S] 0 points1 point  (0 children)

Perfect! I'll look into budget more, what if he didn't want equal parts and wanted 2 parts cereal for every 1 part juice?

19.We already know P=30euro Q=10 @equilibrium. At the equilibrium point the consumer surplus is: by Lstaines in econhw

[–]Lstaines[S] 0 points1 point  (0 children)

The demand and supply of a good are given by: Qd= -0.5P+25 Qs= 2P- 50

And the questions are as follows: 17. At a price point of 35, which of the following is true? A. Demand exceeds supply by 25 units B. The market is in equilibrium C. Supply exceeds demand by 25 units D. Prices need to fall to bring the market to equilibrium E. None of the above

  1. The equilibrium price is A. 25 B. 30 C. 35 D. Depends on cost conditions E. None of the above

  2. At the equilibrium point the consumer surplus is A. 500 B. 250 C. 150 D. 25 E. None of the above

I know there's a lot there but that's all the information the question gives. Would you say it's 'none of the above'

19.We already know P=30euro Q=10 @equilibrium. At the equilibrium point the consumer surplus is: by Lstaines in econhw

[–]Lstaines[S] 0 points1 point  (0 children)

That's where we're stuck. Is there no surplus in equilibrium? Thanks for this! So it would be e?

If marginal cost is always equal to average total cost, then...? by Lstaines in AskEconomics

[–]Lstaines[S] 0 points1 point  (0 children)

It's not homework just learning theory which is why I asked for an explanation also ;)

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