Anew project would require an immediate increase in raw materials in the amount $17,000. the firm expects that accounts payable will automatically increase $7,000. how much must the firm expect its investment in net working capital to increase if they accept this project?

increase in net working capital = $10,000

Explanation:

given data

increase raw materials amount = $17,000

accounts payable automatically increase = $7,000

to find out

net working capital to increase

solution

we know here that net working capital is express as

net working capital = Current assets - Current liabilities       1

so put here value in equation 1

so

increase in net working capital =  $17000 - $7000

increase in net working capital = $10,000

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.

answer; lags, push the econ below the natural level of output;