Answer:
a. the income effect.
Explanation:
The income effect is the change in demand with respect to the good or service that due to change in the purchasing power of the consumer results in change in real income
Since in the situation it is mentioned that she received a big bonus this year and she decided for a trip to europe so here the purchasing power would be changed due to the income effect
hence, the option a is correct
Henry wrote 24 checks in April. The bank charges $0.15 a check.
The monthly service charge for the checking account is $5. What
is the total of the fees Henry pays in April on his checking
account?.
Answer:
$8.60
Explanation:
.15×24=3.60
3.60+5=8.60
How many years would it take for money to increase to 3 times the initial amount at an interest rate of 18% per year?
Answer:
7 years (to the nearest year)
Explanation:
Given that;
A = amount
P= principal
t = time
r = rate
A =3P(given in the question)
Formula for compound interest;
A = P(1 + r)^t
Substituting values;
3P = P(1 + 18/100)^t
3P/P= (1.18)^t
3 = (1.18)^t
log 3 = t log 1.18
t = log 3/log 1.18
t = 0.4771/0.0719
t = 6.6 years
t = 7 years (to the nearest year)
why is cost price important in price determination?
Answer:
The cost price is the price you buy a product for. You need to compare the cost price to the selling price to know whether you got a profit or loss (did you make money or did you not).
If you don't know the cost price, you don't know whether you have a profit or loss. Of course everyone wants a profit (make money) so to determine a selling price the cost price is important.
answer
The most important factor affecting the price of a product is its cost. ADVERTISEMENTS: Product cost refers to the total of fixed costs, variable costs and semi variable costs incurred during the production, distribution and selling of the product. ... The price for a commodity is determined on the basis of the total cost.
When it comes to relationships in the workplace be sure to _____.
ask personal questions
join the same social groups
remain professional
swap phone numbers
Answer:
the answer is remain professional.
Question # 5
Multiple Choice
When it comes to relationships in the workplace be sure to _____.
ask personal questions
join the same social groups
swap phone numbers
remain professionalA stock currently sells for $25 per share and pays $0.24 per year in dividends. What is an investor's valuation of this stock if she expects it to be selling for $30 in one year and requires a 15 percent return on equity investments? Working out
Answer:
$26.30
Explanation:
Calculation to determine the investor's valuation of this stock
Using this formula
Investor's valuation of the stock = [Dividend / (1 + rate)] + [Selling price / (1 + rate)]
Let plug in the formula
Investor's valuation of the stock = [$0.24 / (1 + 0.15)] + [$30 / (1 + 0.15)]
Investor's valuation of the stock = $0.21 + $26.09
Investor's valuation of the stock = $26.30
Therefore the investor's valuation of this stock will be $26.30
The amount of output produced per unit of input is referred to as ______.
Answer:
productivity
Explanation:
Hope this helped!!!
The amount of output produced per unit of input is referred to as productivity.
What is productivity?Productivity is a measure of the efficiency with which commodities or services are produced. Productivity is frequently represented as a ratio of an aggregate output to a single or aggregate input employed in a manufacturing process, i.e. output per unit of input, generally over a specified time period.
Managers utilize objectives, incentives, development, and communication tactics to improve staff performance and productivity.
In economics, productivity quantifies output per unit of input, such as labor, capital, or any other resource. For the economy, it is frequently computed as a ratio of GDP to hours worked.
Therefore, it can be concluded, that Productivity is defined as the quantity of output generated per unit of input.
Learn more about Productivity here;
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1. If you are the seller, how will you improve your product to make it saleable? 2. If you are a buyer, what are the things do you need to consider in buying a product? Why?
Answer: 1) The product should be what meets the customer's need; No one wants to buy a product and dump it in their homes, so it must meet their exact needs. 2) Customer service: asides selling great product, a great customer service would bring the client, sustain them and through them get referrals
3) Having a great sales plan or campaign which would register the products in the hearts of the client.
Explanation:
Selling is a skill on its own to be learnt, and there some things to consider to have good sales, here are the following;
1) The product should be what meets the customer's need; No one wants to buy a product and dump it in their homes, so it must meet their exact needs. 2) Customer service: asides selling great product, a great customer service would bring the client, sustain them and through them get referrals
3) Having a great sales plan or campaign which would register the products in the hearts of the client.
Things I'll consider while buying a product;
1) How good it is: products are meant to be enjoyed and not endured.
2) Customer service: having someone who understands the product very well would always make the client time keep returning
1. Visit a website for a company that sells products or services online. Then go to that company's
corporate website. Compare the product/service sales site with the corporate site. Describe at least three
differences between them.
Answer:
The company being examined here is Amazon.
Their corporate website is: aboutamazon.com/
while their product sales site is amazon.com
Explanation:
The various differences are:
1. the corporate is much easier on the eyes than the product sales website
2. the corporate website contains more information on the company and its corporate activities whilst the sales website is focused on the various categories of products available for sale by the company.
3. the sales website has e-commerce functionalities, the corporate does
Cheers
Which term defines all of the other options that are given up when a business makes one choice over another?
trade-offs
O limited resources
O diminishing returns
opportunity costs
Answer:
Trade-offs would be the correct term
Miley, a single taxpayer, plans on reporting $30,475 of taxable income this year (all of her income is from a part-time job). She is considering applying for a second part-time job that would give her an additional $10,000 of taxable income. By how much will the income from the second job increase her tax liability
Answer:
$1,600
Explanation:
Calculation to determine By how much will the income from the second job increase her tax liability
Based on the information given she had the amount of $10,000 as the additional taxable income which means that $9,000 out of the $10,000 will be taxed at 15% while the remaining $1,000 ($10,000-$9,000) will be taxed at 25% according to the single tax rate schedule
Increase in tax liability =($9,000 × 15%) + ($1,000 × 25%)
Increase in tax liability= $1,600
Therefore By how much will the income from the second job increase her tax liability is $1,600
A good credit score means you will be able to get what? (Select the best answer.)
A credit history
A lower interest rate
A default
A higher interest rate
Answer:
you will get a credit history
Answer:
A credit history
Explanation:
A, credit history
Homestead Co. reported the following in its statement of stockholders' equity on January 1, Year 4: Common stock, $10 par value, authorized 1,000,000 shares, issued 200,000 shares $2,000,000 Additional paid-in capital 600,000 Retained earnings 1,500,000 $4,100,000 Less treasury stock, at cost, 10,000 shares (180,000) Total stockholders' equity $3,920,000 The following events occurred in Year 4: March 1: 8,000 shares of treasury stock were reissued for $96,000. August 1: 5,000 shares of previously unissued common stock were sold for $15 per share. December 1: The distribution of a 2-for-1 stock split resulted in halving of the common stock's per-share par value. Homestead accounts for treasury stock under the cost method. Laws in the state of Homestead's incorporation protect shares held in treasury from dilution when stock dividends or stock splits are declared. The number of outstanding common shares at December 31, Year 4, should be
This question is to complex. In Order for this to be answerable you would need to put it into chunks
After Joe and Stephanie placed an offer on a house, the realtor came back to tell them they had Consensus ad idem. What does this MOST likely mean for Joe and Stephanie? A. They should find a new realtor. B. They must look for a different home. C. They have to make a better offer. D. They have an accepted offer.
Answer: D because Consensus ad idem means to describe the intentions of the parties forming the contract. In particular, it refers to the situation where there is a common understanding in the formation of the contract. Formation of a contract is initiated with a proposal or offer. So D.
Sorry if i'm wrong. Hope it helps
An example of a variable cost is
A) payroll
B) insurance
C) rent
D) labor
Answer:
labor
Explanation:
insurance is wrong on edge
Miami Mutual Bank purchases a two-year interest rate cap for a fee of 3 percent of notional principal valued at $20 million, with an interest rate ceiling of 11 percent and LIBOR as the index representing the market interest rate. At the same time, Miami Mutual sells a two-year floor (8 percent) for a fee of 2 percent of the $20 million principal. Assume that LIBOR is expected to be 7 percent and 14 percent at the end of each of the next two years, respectively. What is this type of strategy called
Answer:
Interest Rate Collar
Explanation:
This strategy called the Interest Rate Collar.
The Interest rate collar is an option that is used to hedge the interest rate exposure. It protects the borrower from the risk of increasing the interest rate and also decided a floor declining rate by purchasing an interest rate cap.
In the given scenario the Miami Bank will receive when the interest rate crosses the cap of 11% and pay when there is a decrease below the floor rate of 8% on the principal value.
There is a bond that has a quoted price of 110.547 and a par value of $2,000. The coupon rate is 7.05 percent and the bond matures in 19 years. If the bond makes semiannual coupon payments, what is the YTM of the bond?
Answer:
the YTM of the bond is 127.55 %
Explanation:
The YTM of the bond is the Market return that similar Bond Holders expect from the bond.
This can be calculated using a Financial calculator as :
PV = - $ 110.547
FV = $2,000
PMT = $2,000 x 7.05 % x 1/2 = $70.50
N = 19 x 2 = 38
P/yr = 2
YTM = ???
Therefore, the YTM of the bond is 127.55 %
Knowledge Check 01 Byrd Corporation issued 5,000 shares of $0.05 par value common stock for $10 per share. Prepare the appropriate journal entry to record the stock issuance. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)
Answer and Explanation:
The journal entry to record the stock issuance is shown below:
Cash Dr (5,000 × $10) $50,000
To Common stock $250 (5,000 × $0.05)
To Additional paid in capital - common stock $49,750
(Being the issuance of the shares is recorded)
Here cash is debited as it increased the assets and common stock & additional paid in capital is credited as it increased the liabilities
A soft currency is a currency that is easy to exchange for another currency.
O True
0 False
No matter how much a company sells or does not sell, it has to pay fixed costs.
A) False
B) True
Answer:
true
Explanation:
edg
What factors should a person consider when accepting a job?
1. location
2. pay
3. contents of job
4. working conditions
Help needed ASAP! Will give brainliest;)
Ivan is starting his own pet store in his neighborhood. Where should he go to obtain a business license and permits?
A). County courthouse
B). Internal Revenue Service
C). Post office
D). Bank
Answer:
b
Explanation:
Answer:
Before opening up shop, all business owners need to obtain a business license from their state and perhaps even their local jurisdiction. Some states also require pet stores to obtain a specific pet shop license. The license application may ask you to list the types of animals you'll be selling and provide a detailed floor plan of the shop. Pet shop owners won't be able to operate their business until they get at least a general business license from their state if a pet shop license isn't required.
A is correct
Explanation:
Mark brainiest
explain the effect of a lack of shortage of entrepreneurs in the economy
Explanation:
Lack of entrepreneurs will lead to lower jobs, innovative products and a decline in economy. By developing new technology, goods, and services, entrepreneurs help to fuel the economic growth.
MC Qu. 17 Tower Company planned to produce 3,000 units... Tower Company planned to produce 3,000 units of its single product, Titactium, during November. The standards for one unit of Titactium specify six pounds of materials at $0.30 per pound. Actual production in November was 3,100 units of Titactium. There was an unfavorable materials price variance of $380 and a favorable materials quantity variance of $120. Based on these variances, one could conclude that: Multiple Choice the actual usage of materials was less than the standard allowed. more materials were purchased than were used. more materials were used than were purchased. the actual cost per pound for materials was less than the standard cost per pound.
Answer:
From the list of options, Option A is the only correct one:
"the actual usage of materials was less than the standard allowed".
Explanation:
Material usage variance
A material usage variance occurs when the standard quantity required to active a particular level of production is higher or lower than than the actual actual quantity used. A favorable variance would mean than less quantity of materials were used than the standard to achieve a given output level. And an adverse variance would mean the opposite.
Material price variance
A material price variance occurs where materials are purchased at a price either lower or higher than the standard price. A favorable variance is recorded where the actual total cost of materials is lower that the standard cost. While an adverse variance implies the opposite.
From the list of options, Option A is the only correct one
Terrance has just signed a contract with a bank to get a loan to buy a new house. What is TRUE about this contract? A. Both the bank and Terrance share power of attorney. B. Terrance has participated in a guarantee of gain. C. Both parties now have an obligation to their agreement. D. Terrance is required to submit a verbal agreement.
Answer: C. Both parties now have an obligation to their agreement.
Explanation:
When parties get into a contract, they have a legal obligation to each other to fulfill their part of the agreement or the other party will be able to seek redress in a court of law.
Terrance and the bank are now parties to an agreement to provide Terrence with a loan to buy a house. The bank will have to fulfill this obligation by giving Terrence the loan and Terrence will fulfill his side of the agreement by making payments as stipulated in the loan covenant.
How much would Software C cost
you in the long run?
80% . $0
$[?]
Satisfaction
Not Satisfied
20%. $20,000
$5,000
Software C
Software D
$8,000
85% $0
Satisfaction
Not Satisfied
15%. $15,000
Answer: $8,000
Explanation:
If you're satisfied, the cost of software C is:
= 5,000 + 0
= $5,000
If you are not satisfied, the cost is:
= 5,000 + 20,000
= $25,000
You can then use the probabilities to calculate the expected total cost:
= (Probability of satisfied * Cost if satisfied) + (Probability of unsatisfied * Cost if unsatisfied)
= (80% * 5,000) + (20% * 20,000)
= $8,000
On average, for every $1.00 that is collected by the credit card companies in principal, how much is collected in interest and fees?
Answer:
On average for every $1.00, the credit companies collectection in total is 1.50.
Explanation:
On average for every $1.00, the credit companies collectection in total is 1.50.
What is your marginal rate of consumption (MPC)? If your income increased $1,000 per month until retirement, how much would your spending on consumption goods increase?
Answer:
$400
Explanation:
In the case when the income would be increased by $1,000 per month so the spending on consumption goods would also be increased by 40% here we assume the 40%
So,
= $1,000 × 40%
= $400
Therefore based on the above assumption, the spending on consumption goods would be increased by $400
Kristina is tempted to get a credit card now that she is in college. What is one fiscally responsible reason for Kristina to get a credit card? A. She will be able to buy whatever she wants. B. She won’t have to carry cash everywhere. C. Price will no longer need to be considered when she makes purchases. D. She will receive a free tee-shirt when she opens the account.
Answer:
B because it is the only one except for d that cant be done using cash and d is just not it
Explanation:
Answer:
it would be B
Explanation: because you can definitely rule out D, C is definitely not it because you should still consider pricing with whatever you buy. With A it isn't a good reason because you may not have a lot of money on your card.
________________ mortgage is two or more mortgages consolidated into one payment, and is usually designed to allow the buyer to purchase with a smaller down payment, with the added benefit of a below market interest rate first mortgage. The sellers receive all of their cash at the time of closing, while the lender wraps new money around an existing assumable loan. This type of loan limits its use to homes with an existing FHA or VA loans because most other conventional loans have alienation or due on sale clauses.
Answer:
wrap around mortgage
Explanation:
A wrap-around mortgage is can be used in deals of owner-financing.
Wrap around mortgage refers to two or more mortgages consolidated into one payment. Such type of mortgage allow the buyer to purchase with a smaller down payment. A buyer also gets an added benefit of a below market interest rate first mortgage. A wrap-around mortgage can only be used to homes with an existing FHA or VA loans.
Explain the importance of scale of preference to individual
Opportunity cost like other basic concepts of Economics – scarcity, scale of preference and choice is important to an individual who represents the consumer or household, or firm or productive unit and the government that form the three decision making bodies in an economy.
A scale of preference can be defined as the list of a person's needs or wants written in an order of importance. You will observe that the person puts his most important needs or wants at the top of the list.
A scale of preference is a list of goods and services (for example, shoes, socks, books, haircut, and so on) prepared for purchase in order of priority. It is a priority rating of all individual wants, according to their importance in one's valuation and the means to achieve or obtain them.