You plan to go to school this summer. if you do, you won't be able to take your usual summer job that pays $10 comma 000 for the summer. the cost of tuition is $2 comma 000 and textbooks cost $300. you live with your family, which covers your living expenses of $1 comma 900. what is your opportunity cost of going to school this summer? your opportunity cost of going to summer school is $ nothing.
Based on the real interest rate, who tends to benefit from unanticipated inflation in terms of borrowing and lending?
The price of the stock divided by the profits per share of stock is known as the
The price of coffee rose sharply last month, while the quantity sold remained the same. five people suggest various explanations:
Horace is reviewing a document that shows the results of his firm's operations over a period of one year. horace is looking at the:
Lance lopes went to his bank to find out how long it will take for $1,500 to amount to $2,700 at 15% simple interest. can you solve lance's problem? (round time in years to the nearest tenth.)
Answer:
here u go
Explanation:
T=1,200/(1,500)(.15)
T=1,200/225
T=5.3 years
It would take Lance 5.3 years
Exports unlimited is an unlevered firm with an aftertax net income of $52,300. the unlevered cost of capital is 14.1 percent and the tax rate is 36 percent. what is the value of this firm?
So, during the __________ phase of the new product development process, the team at fiber one tested different product formulations for its new fiber one bars to ensure the product achieved the optimum taste-fiber trade-off.
The price elasticity of demand measures the ________ that results from a ________.
The price elasticity of demand refers to the percentile change in quantity requested as a consequence of a price change.
The price elasticity is a metric that measures how sensitive a product's quantity sought is to price changes. When all other factors of demand are maintained constant, it is the proportion change in quantity sought in proportion to a single change in its price.
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You go clothes shopping and find a great pair of jeans. They fit you perfectly, but they also cost $100. You are willing to buy them, but you only have $50 in your wallet to spend on new clothes. The pair of jeans _____ as demand for you.
a)count
b)might count
c)do not count
Answer:
The correct answer is option c.
Explanation:
The demand for a product is the willingness of a buyer to purchase a product and the capacity to pay for it at certain price levels.
Only the willingness to purchase does not count as a demand if the consumer cannot afford to purchase the product.
In the given example, the consumer does not have enough money to afford the jeans, so it will not count as demand.
What is the full name of the US central bank, known as the Fed?
the Federal Reserve Bank
the Federal Deposit Insurance Corporation
the Federal Financial Institution
the Federal Bank
ANSWER: A
Todd silver is the purchasing agent for moore co. one of his suppliers, gem co. offers todd a free vacation to france if he buys at least 75% of moore's supplies from gem co. todd, who was angry because moore co. has not given him a raise in over a year, is considering the offer. post your recommendation to todd and comment on at least one of your classmates' posts.
A consumer chooses an optimal consumption point where the
a. slope of the indifference curve exceeds the slope of the budget constraint by the greatest amount.
b. ratio of the marginal utilities equals the ratio of the prices.
c. marginal rate of substitution is maximized.
d. all of the above are correct.
The correct answer is c. marginal rate of substitution is maximized.
When a consumer chooses an optimal consumption point, they aim to maximize their satisfaction or utility by making trade-offs based on the relative prices of goods.
Explanation:The correct answer is c. marginal rate of substitution is maximized. When a consumer chooses an optimal consumption point, they aim to maximize their satisfaction or utility. This occurs where the marginal rate of substitution (MRS), which represents the rate at which a consumer is willing to trade one good for another, is equal to the ratio of the prices of the two goods. At this point, the consumer is maximizing their satisfaction within the constraints of their budget.
For example, if a consumer has a strong preference for laptops over smartphones and laptops are relatively more expensive than smartphones, the consumer would be willing to give up more laptops to obtain one smartphone. When the consumer reaches a point where the MRS equals the price ratio, they have reached their optimal consumption point.
Keywords: optimal consumption point, indifference curve, budget constraint, marginal rate of substitution, utility, MRS, prices, satisfaction, budget
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"all employees must be at their work stations and ready to work by the time the buzzer sounds." this is an example of ________.
When a person reasonably believes that he will suffer immediate harm or death if he does not commit a felony as directed would use the defense of _____.
A) infancy
B) intoxication
C) insanity
D) duress
Answer:
The correct answer is d duress
Explanation:
You just watched a commercial in which a popular singer picks up a soda before going on stage. When the singer drinks the soda, he appears to feel more confident. He then looks at the screen and says, "This is the soda I need to make me feel like a star!" What technique has the advertising company used to persuade you to buy the soda?
A. Bandwagon
B. Plain Folks
C. Science Evidence
D. Testimonials
The answer is "D. Testimonials".
In promotion and of publicizing, a testimonial or show comprises of a man's composed or talked explanation lauding the goodness of an item. The term "testimonial" most regularly applies to the attempts to close the deal credited to common nationals, while "endorsement" more often than not holds a candle to the current situation to pitches by famous people. Testimonials can be a piece of mutual advertising. Once in a while, the animation character can be a testimonial in a business.
A service management tool has the ability to store templates for common incidents that define the steps to be taken to resolve the fault. what are these called?
Service management tools use 'incident templates' or 'response templates' as prepackaged guides for resolving common faults, streamlining the process by ensuring their accessibility and allowing teams to save them as new templates for continuous improvement.
In the context of a service management tool, the ability to store prepackaged templates for common incidents is incredibly valuable. These templates are often called 'incident templates' or 'response templates,' and they serve as predefined guides that outline the specific steps one should take to address and resolve common issues or faults within a system. They contribute to efficient and consistent incident management by ensuring their accessibility to IT support staff and can be customized to meet the particular needs of an organization.
Further streamlining the process, teams can save them as a new template after making any necessary modifications specific to a new incident, thus continually updating the knowledge base and ensuring that the most effective practices are readily available for future use.
A public policy underlying the imposition of strict product liability is that consumers should be protected against unsafe products.
a. True
b. False
What values does FCCLA emphasize? Check all that apply.
family
physical fitness
leadership
health care
FCCLA emphasizes family and leadership. Thus option A and C is correct.
What is FCCLA?The nonprofit organization Family, Career and Community Leaders of America serves young people studying family including consumer economics in both public as well as private schools.
By taking part in important tournaments, holding senior roles, symposiums across the country, connecting with other young people in leadership positions, and developing crucial college- and employer skills, FCCLA members will develop their skills, forge social connections, and positively have an impact today.
Develop practical skills that will enable you to succeed in both college and the workplace. Investigate the numerous career paths available in the family and marketing sciences. Therefore, option A and C is the correct option.
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Your grandparents would like to establish a trust fund that will pay you and your heirs $200,000 per year forever with the first payment 11 years from today. if the trust fund earns an annual return of 3.9 percent, how much must your grandparents deposit today?
To fund a trust that pays $200,000 per year forever starting 11 years from today with an annual return of 3.9%, your grandparents need to deposit $3,374,935.85 today.
The formula for the present value of a perpetuity given an interest rate r is PV = PMT / r. When the first payment is deferred for T years, the present value today is calculated as PV = (PMT / r) / (1 + r)^T.
In this case, PMT is $200,000 (the annual payment), r is 3.9%, and T is 11 years (the number of years until the first payment). Putting these values into the formula, we get:
PV = ($200,000 / 0.039) / (1 + 0.039)^11
PV = $5,128,205.13 / (1.039)^11
PV = $5,128,205.13 / 1.52023
PV = $3,374,935.85
Therefore, your grandparents need to deposit $3,374,935.85 today to fund the trust.
After focusing for so long on total quality management, mobley industries found that while their product defects decreased by 18%, their product costs increased by 42%. what can they do to bring down their costs?
Mobley Industries can do the following to bring down their cost:
1. Implementation of an Enterprise Resource Planning (ERP) system
2. They can focus on corporate social responsibility
3. Implementation of a balanced scorecard approach
4. Use an activity-based costing
When mobley industries introduced total quality management, they saw that their defects decreased but their product cost increased.
There are different approaches that can help them to reduce the cost of production.
The first one is by introducing lean production method, this will eliminate wastage and lower product cost
mobley industries can also lower the inventory levels and reduce the cost of storing the product, these methods will reduce cost whilst maintaining quality.
Although she hates the work, Jessica has spent most weekends and the last three summers as a short-order cook; she has an associate's degree in paralegal studies; she loves to ride and spends every spare minute helping her uncle with his three horses. Now that she's planning to start a business, her best choice would probably be a A. fast-food franchise. B. riding stable. C. restaurant. D. legal research service.
Answer:
The answer is B. Riding Stable
Explanation:
A non-linear production possibilities model assumes that
Answer: See explanation
Explanation: A non-linear production possibilities model assumes that with rational resource allocation decisions, the opportunity cost of producing more will rise. That is, some resources are specialized to be more productive in one use than in another. It is represented with a negatively sloped line because production of different types of products will compete for limited resources. It also illustrates the variations in the amounts that can be produced of two products if both products depend upon the same finite resource for their manufacture.
PLEASE HELP I DO NOT UNDERSTAND AT ALL!!!!!!!!!!!!!!!!
If your money market account earns 12% interest each year, about how long would it take for your account to double?
a.12 years
b.72 years
c.6 years
d.9 years
If your parents are interested in saving for retirement, which method would you recommend so that they could figure out exactly how long it takes to double their money?
a.Compound Interest Calculator
b.Rule of 72
c.Rule of 27
d.None of the above
Your brother decides to invest in the stock market in a company that is expected to pay dividends. Which option would you recommend if he wants to receive a dividend check from the company?
a.Cash dividends
b.Dividend refunds
c.Reinvested dividends
d.None of the above
4.
Which of the following would most likely produce the best rate of return on your investment?
a.Stock investment with a 7% average rate of return.
b.Savings account with a 3% interest rate
c.Mutual fund with a 5% average rate of return.
d.Checking account with 1.5% interest rate
5.
You want to invest in something that has a fixed interest rate. Which would you choose?
a.Stocks
b.Mutual funds
c.Bonds
d.None of the above
6.
You hear on the news that there is a market correction occurring in the stock market. What does this typically mean?
a.Stocks fall by 10%
b.The value of stocks increase by 10%
c.The market corrects itself by adding 10% to all stocks
d.None of the above
When taking messages for another person, a good rule to follow is to A. suggest that someone else at the company might be better suited to assist the caller. B. politely inform the caller that the person for whom the message is being taken probably won't return the call for a few days. C. ask the caller if you've spelled his or her name correctly. D. write down the number that appears on a Caller ID screen rather than the number the caller gives.
One popular system for defining effective goals uses the acronym SMART, which stands for
SMART is an acronym that is used as a guide for effective goal setting. SMART stands for Specific, Measurable, Achievable, Relevant, Timely. A goal should be Specific, measurable, achievable, relevant, and timely so that you will be able to make your goals come true.
Which type of financial statement should you look at if you want to see a company's profits and losses over a specific period of time?
A.
Income statement
B.
Balance sheet
C.
Statement of owners' equity
D.
Cash flow statement
Answer:
A.Income statement
Explanation:
The income statement of a institution or business that shows the expenses, costs and the incomes during a certain period of time, it is often done quarterly or annually in order to present the tax declaration, it is also known as "profits and loss statement" because it shows exactly if the business had profits or lost money during that period of time.
When deciding whether to offer a loan, a lending institution would look more favorably upon a borrower who
a has a high debt-to-credit ratio
b consistently lives outside his or her means
c has a relatively low credit score
d has no history of late bill payments
Mcdonald's must communicate an effective message to meet the challenge of its __________. government partners legal requirements competitors finances
Every ____________ the u.s. government surveys ______________ of households to gather information about the number of americans unemployed.month; millions wk; millions week; thousands month; thousands
The U.S. Government conducts monthly surveys of thousands of households to gather information about unemployment rates. These surveys, along with the decennial Census and other such surveys, provide critical data for planning and decision making.
Explanation:The U.S. Government conducts various surveys to monitor economic conditions and to collect sociological data. One of the key surveys undertaken is conducted each month, where the government surveys thousands of households to gather information about the number of Americans unemployed. This data helps to create a picture of employment trends and job market conditions across the nation.
Additionally, every ten years, the U.S. Census Bureau conducts a large-scale survey - the Census, aimed to gather demographical data of the population. These surveys, along with others, such as the five-year business census and the monthly retail sales survey, provide essential information in planning and decision making at various levels of government and industry.
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