Bullie Jean has $1.20 to spend and wants to buy cither a new amplifier for her guitar or a new mp3 player to listen to music while working out. Both the amplifier and the mp3 player cost $120, so she can only buy one. This illustrates the basic concept that:__________.
a. trade can make everyone better off.
b. people face trade-ofts.
c. rational people think at the margin.
d. decisions made at the margin are not particularly important .

Answers

Answer 1

Answer: b. people face trade-offs

Explanation:

From the question, we are informed that Bullie Jean has $120 to spend and wants to buy cither a new amplifier for her guitar or a new mp3 player to listen to music while working out.

We are further informed that the amplifier and the mp3 player cost $120, each and so she can only buy one. This shows that people face trade offs and have to make a choice regarding some decisions. Here, an opportunity cost will be the one that she didn't buy at the expense of the other.


Related Questions

An individual client purchased his residence 5 years ago for $200,000. For 3 of the last 5 years, the client rented out the property for income, and lived in the house of 2 of those years. The client sells the house for $500,000. How much of the gain is taxable

Answers

yes the answer is 500,000 dollrs

Whirlpool Corporation has an agreement with IBM for the HR outsourcer to handle Whirlpool's workforce administration, compensation, recruitment, training, and performance reporting. This type of outsourcing is known as ________.

Answers

Answer: business process outsourcing

Explanation:

From the question, we are informed that Whirlpool Corporation has an agreement with IBM for the HR outsourcer to handle Whirlpool's workforce administration, compensation, recruitment, training, and performance reporting.

This is an example of business process outsourcing. It simply means when some operations that are related to a business are contracted out to

third-party provider. Such services can include human resources, payroll, customer care center etc.

Corporate bond A has a 6 percent coupon and matures in 3 years. Corporate bond B has a 6 percent coupon and matures in 15 years. The current interest rate is 6 percent. By how much will Bond A and Bond B change in price if the market rate increases to 6.5 percent

Answers

Answer:

New price of bond A = $986.76, this means that the price decreased by $13.24 or 1.32%.

New price of bond B = $952.99, this means that the price decreased by $47.01 or 4.7%.

Explanation:

Since the current market interest is 6%, then both coupons A and B are sold at face value. If the market interest increases to 6.5%, then

New price of bond A:

PV of face value = $1,000 / (1 + 6.5%)³ = $827.85

PV of coupon payments = $60 x 2.64848 (PV annuity factor, 6.5%, 3 periods) = $158.91

New price of bond A = $986.76, this means that the price decreased by $13.24 or 1.32%.

New price of bond B:

PV of face value = $1,000 / (1 + 6.5%)¹⁵ = $388.83

PV of coupon payments = $60 x 9.40267 (PV annuity factor, 6.5%, 3 periods) = $564.16

New price of bond B = $952.99, this means that the price decreased by $47.01 or 4.7%.

Darrell works for a company that promotes an entrepreneurial culture. Employees are encouraged to discuss new ideas. Development time is provided on the job for those ideas that float to the top. Employees who use their creative talents to generate ideas and create products within large companies are called

Answers

Answer:

intrapreneurs

Explanation:

Intrapreneurs are people that work in a big company developing new ideas using the resources of the organization to improve its performance and results. According to this, the answer is that employees who use their creative talents to generate ideas and create products within large companies are called intrapreneurs because they work in a company developing ideas to generate positive results for it.

Anthony and Cathy Smith have been married for thirty-one years. They have always had a joint bank account, discussed big expenditures, and shared household duties. Which term best describes the Smith family based on this information

Answers

Answer: Egalitarian

Explanation:

From the question, we are informed that Anthony and Cathy Smith have been married for thirty-one years and that they have always had a joint bank account, discussed big expenditures, and shared household duties.

The term that can be used to describe them is egalitarian. Egalitarian is a principle which believes that everyone is equal and everybody deserve a equal opportunity and has an equal right.

What are the 3 Building Blocks of Debt

Answers

Answer: Earning, saving, and spending

Explanation:

Answer:

The three building blocks of debt are:

EarningSpendingSaving

Flying High Manufacturing produces frisbees using a threeminusstep sequential process that includes​ molding, coloring and finishing. When the frisbees and associated costs are transferred from the molding process to the coloring​ process, which account is​ debited?

Answers

Answer and Explanation:

The journal entry is shown below:

WIP inventory - Coloring Dr XXXXX

         To WIP inventory - molding XXXXX

(Being the transferring from the molding process to the coloring​ process is recorded)

For recording this we debited the WIP inventory of Coloring as it increased the assets and credited the WIP inventory of Molding as it decreased the assets

Which of the following statements are true about authorized direct payments: (select all that apply)

a. It can be easy to forget what gets paid each month and when and make sure you have enough money in your checking account to cover automatic payments

b. Banks make many mistakes while processing these types of withdrawals

c. It is convenient

d. Automatic payment plans can be set up in a matter of minutes. But stopping them can be much more difficult. Sometimes you have to notify your bank and your merchant, and you may even need to do it in writing.

e. It is very expensive to enroll into automatic bill payment.

f. Once you enroll into automatic bill payment, you have to authorize direct deposits to your account on regular basis.

Answers

Answer:

a. It can be easy to forget what gets paid each month and when and make sure you have enough money in your checking account to cover automatic payments

c. It is convenient

d. Automatic payment plans can be set up in a matter of minutes. But stopping them can be much more difficult. Sometimes you have to notify your bank and your merchant, and you may even need to do it in writing.

Explanation:

Authorized Direct Payments give permission to an entity to withdraw a certain amount from your bank account to pay bills or other expenses. It is typically collected at a regular interval which is usually in months.

When using this it can be easy to forget that you have given permission for your money to be withdrawn from every period because you are not dealing with it directly. This means that you might even forget to adequately fund your account to enable the payment.

This type of payment is however very convenient as it means that you do not have to sign orders or checks every period because the payment just goes through automatically without bothering you.

As part of their convenience, these types of payments can be set up relatively fast.  Stopping them on the other hand is a bit more difficult because it requires following up on multiple parties including the merchant and your bank. You would have to tell the merchant to stop collecting the payments sometimes by letter. Then you would have to issue a stop order to your bank to make sure they stop the payments. Then you have to ask for an update after some days from all parties to ensure that indeed your request has been carried out.

Statements that are right about authorized direct payments are;

It can be easy to forget what gets paid each month and when and make sure you have enough money in your checking account to cover automatic payments.It is convenient. Automatic payment plans can be set up in a matter of minutes. But stopping them can be much more difficult. Sometimes you have to notify your bank and your merchant, and you may even need to do it in writing.

What is authorized direct payments?

A authorized direct payments is a kind of payment that occur when one authorize a company to electronically collect a pre-authorized amount from your checking in order to  a bill.

It is an automatic payment plans can be set up in a matter of minutes and it's time saving.

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The insurer must be able to rely on the statements in the application, and the insured must be able to rely on the insurer to pay valid claims. In the forming of an insurance contract, this is referred to as

Answers

Answer:

utmost good faith

Explanation:

The utmost good faith refers to the principle in which both the parties are acted honestly i.e it disclosed all the information related to the insurance and does not misguide anything to gain a benefit in term of profit

Therefore in the given case, there is a contract made between the two parties where they trust each other and hope that they treated each one in a honest manner

So this situation represent the utmost good faith

An important distinction between the classical and Keynesian view of the economy is that Select one: a. Keynes stressed the supply side of an economy while classical economists stressed the demand side of the economy. b. classical economists argued that output gaps were caused by shifts in the long-run aggregate supply while Keynes’ maintained that output gaps were created by shifts in aggregate demand. c. Keynes stressed the demand side of an economy while classical economists stressed the supply side of the economy. d. classical economists argued that output gaps were caused by shifts in the long-run aggregate supply while Keynes’ maintained that output gaps were created by wage and price rigidities

Answers

Answer:

C. Keynes stressed the demand side of an economy while classical economists stressed the supply side of the economy.

Explanation:

The significant distinction between the classical and Keynesian view of the economy is that Keynes lays emphasis on the demand side of the economy while classical economists focus more on demand-oriented evaluation and correction of imbalances in the economy.

Classical theorists assert that 'supply has the ability to produce its own demand.' It says that 'the production will generate sufficient income to purchase all the output produced in the economy' while Keynes claims that demand is the key driving force that drives the economy. Thus, the former relied on monetary policy while the latter on fiscal policy.

The supply chain network is designed to maximize total profits, taking into account the expected margin and demand in each market, various logistics and facility costs, and the taxes and tariffs at each location. True or False

Answers

Explanation:

bbsbcwbcwbbwhwnkwjbwbwhjw

Wavetel, a hardware company based in Europe, acquires Telior, its competitor in a neighboring country. Identify the market-entry strategy that best describes Wavetel's move. Joint venture Direct foreign investment Franchising Indirect exporting

Answers

Answer:

Direct foreign investment.

Explanation:

 A foreign direct investment commonly used by abbreviation  FDI refers to a cross border investment in a business venture by a firm or individual of the country. In a broad sense, FDI occurs when a stockholder establishes overseas business activities or possesses foreign stock holdings in a foreign firm. FDI is a crucial component of global economic development since it establishes secure and long term trade linkages. FDI is an essential factor for the transfer of technology and infrastructure development and between different nations of the world. As per the question, Wavetel acquires a business firm in a neighboring country and it is a classic example of FDI.

In comparing the canceled checks on the bank statement with the entries in the accounting records, it is found that check number 2889 for December's utilities was correctly written and drawn for $270 but was erroneously entered in the accounting records as $702. The journal entry to adjust the books for the bank reconciliation would include which of the following for this situation?
A. Add 3,600 to the book balance of cash.
B. Add $3,700 to the bank statement balance.
C. Add $7,390 to the book balance of cash.
D. Deduct $3,600 from the book balance of cash.

Answers

Answer:

$432 Added in the balance of cash book

Explanation:

Given:

Amount of check = $270

Accounting record = $702

Find:

Correction.

Computation:

Added in the balance of cash book = Accounting record - Amount of check

Added in the balance of cash book = $702 - $270

Added in the balance of cash book = $432

A project that provides annual cash flows of $12,600 for 12 years costs $67,150 today. At what rate would you be indifferent between accepting the project and rejecting it?

Answers

Answer:

Explanation:A project that provides annual cash flows of $12,600 for 12 years costs $67,150 today. At

what rate would you be indifferent between accepting the project and rejecting it?

Out of the choices provided above, it can be concluded to state that the rate of 15.40 percent will be indifferent for accepting the project that provides annual cash flows of $12,600 for 12 years, and costs $67,150 today. Therefore, the option A holds true.

What is the significance of annual cash flows?

Annual cash flows can be referred to or considered as the amount of cash generated as a form of positive return by an activity of monetary engagement. If the returns are higher than equilibrium, a project should be accepted, and rejected if the returns are lower than the equilibrium.

For the above condition, when a project earns a return of 15.40 percent, the costs are equal to the revenues generated by the firm, and thus, it is a point of equilibrium at which it becomes completely indifferent for a firm to accept or reject the project.

Therefore, the option A holds true and states regarding the significance of annual cash flows.

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The missing question has been added below.

A project that provides annual cash flows of $12,600 for 12 years costs $67,150 today. At what rate would you be indifferent between accepting the project and rejecting it?

15.40 percent

14.50 percent

12.45 percent

None of these

The U. S. national debt:______________.
a. will be paid off when the budget is finally balanced.
b. is paid off each fiscal year when the debt is refinanced.
c. will never be paid off in any given year, but it will be entirely paid off when it is refinanced over a number of years.
d. equals the dollar amount of outstanding U.S. Treasury bonds

Answers

Answer:

d. equals the dollar amount of outstanding U.S. Treasury bonds

Explanation:

The National debt is entirely represented by the total dollar amount of outstanding U.S. Treasury bonds, both those bonds that are held by the public (private citizens), or by other governments.

Currently, the U.S. National Debt is over 24 million, and the amount of debt that can be issued in the form of U.S. Treasury bonds is limited by the national debt ceiling.

1 , what are the agent of socialization

Answers

Answer:

Agents of socialization, or institutions that can impress social norms upon an individual, include the family, religion, peer groups, economic systems, legal systems, penal systems, language, and the media.

Explanation:

PLEASE HELP! IF YOU CAN'T ANSWER ALL OF THE QUESTIONS, PLEASE JUST GIVE ME AS MUCH AS YOU CAN! THANK YOUUUU

1. How can a business use its customer profile to meet the objective of increasing sales?

2. Explain why a business may decide to increase its product mix.

3. Define ‘customer profile’ and explain two elements that might be useful in creating a customer profile.

4. ‘Any business that fails to conduct a sales analysis will be unable to assess the success of its marketing strategies.’ Discuss.

5. A business has a sales forecast of $90000 but achieves actual sales of only $25000. What does this signify? What should the business do next?

6. Darren runs a garden maintenance business and has carried out a marketing campaign in his own and neighbouring suburbs. Explain how each of the following may help him evaluate the success of that campaign:
a. sales analysis b. market share analysis c. marketing profitability analysis

Answers

Answer:

1. Customer profile is used to increase sales by keeping their demand in mind. Customer traits and requirements are important and used a target for increasing sales.

2. Profitability is the main reason when a  company is increasing its product mix.

3. Understand your product, take feedback from customer, observe customer typology.

Explanation:

4. The sales analysis is very important for any business. It is important to forecast sales based on demands of customers to ensure sufficient supply of products.

5. Inaccurate sales forecasting leads to decline sales. The company has foretasted $90,000 but in actual it was only able to make up $25,000 of sales. This may be due to some unavoidable circumstances but during forecast such events and seasonal effects should be considered.

6.

Sales analysis is an important factor which helps any organization to meet market demands.

Market share analysis helps the organization to identify where it stands out among its competitors.

Marketing profitability analysis is a process which helps a company to design such marketing strategies which will help to boost its profitability.

Suppose that Lebanon has placed tariffs on its imports and exports. The import tariff is 13%, and the export tariff is 8%. If Lebanon has a balance of trade of (equivalent US dollars) $5,510,000 and received tariff revenue of $4,019,200, what are its imports and exports worth?

Answers

Answer:

Import= 17,040,000 ; Export=22,550,000

Explanation:

As we know that

Balance of trade = export - import

Let us assume that export be E

And, the import be I

So,  

Balance of trade =  E - I

$5,510,000 =  E - I

E =  5,510,000 + I

Now if we place the equation into the export or import tariffs so it would be

0.13 ×  I + 0.08 × E = $4,019,200

0.13 × I + 0.08 × ($5,510,000 + I) = $4,019,200

0.13I + 0.08I + $440,800 =  $4,019,200

0.21I =  $4,019,200 - $44,000

0.21I = $3,578,400

I = 17,040,000

So,

The export is

E = $5,510,000 + I

E = $5,510,000 + $17,040,000

E = $22,550,000

Answer:

B

Explanation:

Robert wants to start an independent recording studio. In order to finance his start-up, Robert seeks help from Esther, a successful business magnate. Esther agrees to fund Robert's venture as long as she receives a 20% share of the profits made by Robert. In the given scenario, Robert receives the financial resources to start his business:

Answers

Answer:

from an angel investor

Explanation:

Based on this information it can be said that Robert receives the financial resources to start his business from an angel investor. An angel investor is an individual that has a large amount of money and decides to provide financial backing to a specific small startup business or entrepreneur in order for them to get their vision up and running, in exchange for a percentage of the company. In this specific scenario the Angel Investor was Esther, who supplied Robert with the resources necessary in exchange for a 20% cut of the business.

Jose and Jan have inherited $200,000 from their parents. They are glad that their money in this financial institution is insured by the FDIC. They know that they have physical access to their financial institution when they travel since it is many states all over the nation. What financial institution have they chosen

Answers

Answer: Bank

Explanation:

From the question, we are told that Jose and Jan have inherited $200,000 from their parents and that they are happy that their money in this financial institution is insured by the FDIC and they have physical access to their financial institution when they travel since it is many states all over the nation.

Based on this explanation, they have chosen a bank. A bank is a financial institution that collects deposit from the public, make loans, keep valuables etc. Banks also provide functions such as currency exchange, and wealth management.

Agent John is planning to conduct a series of events. Some will be strictly educational, others will be formal presentations of specific UnitedHealthcare plans, and others will be informal marketing events where he can generate leads and schedule future in-home marketing appointments. Of the three types of events John plans to conduct, which need to be reported to UnitedHealthcare?

Answers

Answer:

informal marketing events where he can generate leads and schedule future in-home marketing appointments

Explanation:

Agents working with UnitedHealthcare, conduct different types of activities which range from, educational events, formal presentations, and informal marketing events. Informal marketing events are expected to be reported to UnitedHealthcare. These events can be reported using the bconnected and the event request forms. These reports may begin with an introductory presentation. In such cases, the event type is recorded as, 'Resource Center'.

Also, educational content could be presented along with the informal sales event. It begins with a short introduction, followed by the actual facilitation of the event using a kiosk, booth, or table. All the rules which guide the conduction of these events should be adhered to strictly by the agent.

Agent John will need to report the plans to the United Healthcare which are of the informal nature. So John will have to report the informal events where he can generate leads.

John will also be able to schedule in-house marketing appointments in the future, if any as he will also have a financial interest in such kind of informal events.

Agent John has planned to host a series of events of which the informal nature events will help Agent John to report such plans to the United Healthcare.

These events will strictly need to be reported as John will develop leads and will be making some in-house marketing appointments in the future having monetary purpose.

So, to let the United Healthcare know about such monetary purpose, they will be eligible to be checked and verified and produced when demanded by Agent John in order to comply with laws.

Hence, Agent John will have to report the informal events where he will generate leads to the United Healthcare to comply with regulations.

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If you invest 50 percent of your funds in a stock with beta=1.5, 30 percent in a stock with beta=0.9 and 20 percent in a stock with beta=0.3, your portfolio beta will be

Answers

Answer:

1.08

Explanation:

The computation of the portfolio beta is shown below:

Portfolio beta is

= Invested stock percentage × beta of the stock +  Invested stock percentage × beta of the stock +  Invested stock percentage × beta of the stock

= 0.50 × 1.50 + 0.30 × 0.90 + 0.20 × 0.30

= 1.08

We simply applied the above formula so that the portfolio beta could come and the same is to be considered

A customer, age 69, has never invested in securities. She is retired with no dependents, living on a fixed pension of $35,000 per year. She has a savings account with $160,000 and her home is fully paid. She desires to supplement her retirement income, assuming minimal risk. The BEST recommendation would be for the customer to invest $100,000 of her cash savings into a(n):

Answers

Answer:

5000

Explanation:

Took the test

Synergistic benefits can arise from a number of different sources, including operating economies of scale, financial economies, and increased managerial efficiency.
a) True
b) False

Answers

Answer:

A. True.

Explanation: Synergistic Benefits is a term used to describe and show that the combined performance and worth of a combined entity or two Businesses will be greater than the sum of the individual Business worth/value or performance.

It helps to ensure that Organisations work in synergy or combined efforts towards achieving excellence.

_____ allows industries, organizations, and companies to approach business decisions from different perspectives. Arbitration Ergonomics Tolerance Workforce diversity

Answers

Answer:

Workforce diversity

Explanation:

Workforce diversity refers to similarities and differences between employers and employees in terms of their race, religion, gender, perspectives and opinions.

Diversity is important for every industry, organization, and company since people have different perspective and views, they approach business problems differently, leading to different solutions. Diversity leads to increase profits, creativity, wide range of skills e.t.c.

which bear is best? Beets. Bears. Battlestar galactica.

Answers

Answer:

black bear

Explanation:

I've watched the office 10 times

Answer:

N/A

Explanation:

That's a ridiculous question.

2 Points
Which of the following is a restriction on both workers and producers that
keeps the labor market from being a completely free market?
A. Workers' reluctance to move.
B. The minimum wage.
C. Unemployment insurance.
w
D. The reserve wage.
SUBMIT

Answers

Answer:

The minimum wage

Explanation:

Amy and Jack were loyal customers of GreenFoods, a local grocery store. However, after a couple of incidents where they had to return products that were stale and out of date, the couple decided to try out VeggiesNmore, a chain store that recently opened in town. Both Amy and Jack must move through each stage in the marketing funnel before becoming loyal customers.
Jack has shopped at VeggiesNmore. He was happy with the experience and thought that this could be an alternative to GreenFoods. However, he is also keen to try out other stores in the neighborhood. He is in the ________ stage of the marketing funnel as far as shopping at VeggiesNmore is concerned.
a. aware
b. open to trial
c. most often used
d. nonrejecter
e. regular user

Answers

Answer: B) Open to Trial

Explanation:

The way that Nederlander's Audience Rewards program works is that patrons and new customers get free membership and are entered into the ticketing system. When they buy tickets, they collect points and are able to redeem them for free or discounted tickets and other rewards. Which of the following consumer sales promotion methods is the program based on?
A. Consumer games
B. Frequent-user incentives
C. Coupons
D. Cents-off offers

Answers

Answer:

B. Frequent-user incentives

Explanation:

Consumer sales promotion refers to the techniques that are adopted by the marketing team of the company to fascinate and excite the customers to buy the products. Customer incentive programs are one of the methods of sales promotion. In this method, the customers are provided with additional benefits via redeeming the points they collect when they purchase the products. This method also helps in maintaining customers by offering such incentives to them.

In the given excerpt, Nederlander's audience rewards program is an example of a frequent-user incentive method of consumer sales promotion.

When JFCs consider incorporating combinations of contiguous and noncontiguous AOs with linear and nonlinear operations, they choose the combination that fits the operational environment and the purpose of the operation. Which of the following combinations describe a typical sustained offensive and defensive operation against powerful, echeloned, and symmetrically organized forces and where the forward line of own troops focus combat power and protect sustainment functions?
1. Nonlinear operations in noncontiguous AOs
2. Nonlinear operations in contiguous AOs
3. Linear operations in contiguous
4. AOs linear operations in noncontiguous AOs

Answers

Answer:

The correct answer is C)

Linear operations in contiguous AOs.

Explanation:

JFC stands for Joint Forces Command.

AO in United States Army nomenclature means Area of Operations.

Linear Operations is a military terminology which refers to the execution of operations using their own troops engaged in combat in a forward fashion. Linear operations military tactics allow commanders to channel and maintain combat power toward enemy forces along with adjacent units. Another word for adjacent units is Adjacent Operations.

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