If something happens to alter the quantity supplied at any given price, then we move along the fixed

3 answers
Question:

If something happens to alter the quantity supplied at any given price, then we move along the fixed supply curve to a new quantity supplied.
a. true
b. false

Answers

True I think srry if it’s wrong:(

the investment was $14,174.196

explanation:

a lump sum means that the father of the example made one deposit and leave it be.

we need to know the value of a capital that generated at 4.05% per year during 28 years the sum of $48,613.24

[tex]capital * (1+0.045)^{28} = 48,613.24[/tex]

now clearing the formula to solve for capital we got:

[tex]capital = \frac{48,613.24}{(1+0.045)^{28}}[/tex]

and we reach the answer investment = $14,174.20

answer; charters;

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