Option (c), In a poker tournament, Betty took home $500. She puts her $500 winnings into a money market fund so that she can utilize them to supplement her Las Vegas trip expenses the next year. This is a case when money acts as a store of value.
Why does value may be stored in money?In layman's terms, a store of value is something that can be saved, recovered, and exchanged in the future without losing any of its value, like money or a product.
In the monetary system, money is seen as a store of value that may be used to allocate resources and encourage saving. The ability of money to store value allows for a change in purchasing power over time.
Money is not a perfect medium, even though it is a great store of value. As a result of inflation, money's purchasing value gradually erodes over time. A unit of account is money next. Money can be compared to a measuring stick since it acts as the benchmark by which we assess an item's value in an economic transaction.
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PLEASE ANSWER THEY ARENT HARD I JUST DONT HAVE TIME
Answer:
1) i would react very good..that's a pretty food credit score
What can a boosted post help an advertiser achieve?
A boosted post helps an adviser to connect with the audience and gain trust.
Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.
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Mark receives $400 per week for salary as a sales associate. His quota is $2750 and his commission is 10%. This week, Mark sold $29,000 in merchandise, $1800 of which was returned. calculate his gross pay.
Answer:
$3,120
Explanation:
A sales quota is the minimum volume a salesperson is expected to move to earn commissions.
Mark's quota is $2750
In the week, mark sold $29,000, but $1,800 was returned. The net sales were: $29,000 - $ 1,800 = $27,200
Mark is a 10% commission. The commissions will be 10% of net sales
=10/100 x $27,200
=0.1 x $27,200
=$2,720
gross pay will be weekly earnings plus commissions
=$400 +$2,720
=$3,120
Which statement is true for a short-term goal?
A.
It is usually complex.
B.
It usually requires one to exert a lot of effort.
C.
It is usually related to the bigger things that you want to achieve.
D.
It usually takes less than a year to achieve.
Answer:
I would say D because it sounds more reasonable for me
pricing, a firm sets a very low price for one or more of its products with the specific intent to drive its competition out of
In content loaded pricing, a firm sets a very low price for one or more of its products with the specific intent to drive its competition out of the market.
This pricing strategy is used to gain a competitive advantage by undercutting the prices of rival companies, making the firm's products more attractive to consumers.
The main goal of this approach is to force competitors to either lower their prices, which can lead to decreased profitability for them, or to exit the market altogether.
As a result, the firm employing content loaded pricing can increase its market share and solidify its position in the industry.
There are several steps a company may follow when implementing content loaded pricing:
1. Identify target competitors: The firm should determine which competitors it wants to outperform and focus its pricing strategy on those companies.
2. Analyze competitors' pricing: Understanding competitors' pricing structures will help the firm set its own prices at a level low enough to attract consumers but high enough to maintain profitability.
3. Set low prices: The firm should set its prices significantly lower than those of its targeted competitors to make its products more appealing to consumers.
4. Monitor the market: The company should constantly evaluate market trends and competitors' reactions to adjust its pricing strategy as needed.
5. Be prepared for potential consequences: Content loaded pricing can result in a price war, which may lead to decreased profit margins for all companies involved. The firm should be prepared to adapt its strategy if necessary.
By using content loaded pricing, a firm aims to drive its competition out of the market by offering products at a lower price.
However, this strategy can be risky, as it can lead to price wars and reduced profitability for all parties involved. It is essential for companies to carefully consider the potential outcomes before implementing this pricing approach.
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What is the funds left in the business after paying off all its obligations known as?
The funds left in the business after paying off all its obligations is known as
. The accounting principle of
guides it.
The funds left in the business after paying off all its obligations is known as retained earnings. The accounting principle of the balance sheet guides it
What is balance sheet?A balance sheet is a financial statement that reports a company's assets, liabilities, and equity at a specific point in time. It provides a snapshot of a company's financial position and is used to assess a company's liquidity, solvency, and overall financial health. The balance sheet is one of the three primary financial statements, along with the income statement and cash flow statement. It is also known as the statement of financial position.
Therefore, the correct answer is as given above
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Michael is a manager for a high-tech company. He is analyzing the results of his teams, and the stats startle him. The performance numbers are not where they were projected, even though quality and speed were up to par. What could describe the performance concerns Michael is having?
Answer:
Performance ambiguity
Explanation:
Performance ambiguity refers to the failure to understand why performance is failing to meet projections.
Since we are told his team on average did well on quality and speed, it becomes troubling or an issue of concern for the Manager when he cannot understand why the performance numbers are not where they were projected.
Hello, please help me with the below questions.
Explain how the "boom and bust" cycle in the trucking industry affects good transportation. Share your thoughts on Reducing Long –Haul Trucking Age Requirement to 18. Will this help with improving supply chain challenges? What are the advantages and disadvantages?
Reducing the long-haul trucking age requirement to 18 could potentially help improve supply chain challenges during boom periods. By allowing younger individuals to enter the industry.
It would increase the pool of available truck drivers, potentially addressing driver shortages and mitigating capacity constraints. This could lead to improved efficiency in delivering goods and reduced transportation costs. On the other hand, there are concerns regarding safety and experience. Younger drivers may have less experience on the road, potentially leading to increased accident risks. Additionally, long-haul trucking often involves extended periods away from home, which may impact the well-being and quality of life for younger drivers.
To mitigate these concerns, appropriate training programs, mentoring systems, and strict safety regulations would need to be in place. Careful consideration should also be given to hours-of-service regulations and fatigue management, as younger drivers may be more susceptible to fatigue-related issues.
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Why economics say all resources are scarce?
Because no one can have an unending supply of anything, all resources are limited. There will eventually be a limit. Hence economics say all resources are scarce.
Economic resources are rare for more reasons than just their scarcity. It is not independent. It must be compared to other ideas, such as needs and wants. Because there aren't enough resources to meet all of our needs and wants, there is scarcity. Alternative economic options arise because of scarcity. Then, economists develop numerous hypotheses about how to make these decisions in order to achieve the best results. Finally, they attempt to understand and study the nature of the choices that economic agents, such as consumers and producers, confront using a variety of theories and methodologies.
Our wants and needs are endless. We do not have enough resources to fulfill them, though. Then scarcity emerges. Therefore, the explanation for scarcity is that there isn't enough of it to satisfy an endless need. Scarcity, as well as economics, would not exist if our needs and wants were unending.
Money and time are only two examples of the many forms that resources may take. In contrast, it simply refers to the resources utilized to create commodities and services in economics. In addition, economics connects wants and needs to available resources. Economic decisions regarding how to distribute resources to their best use are influenced by scarcity.
Economists create theories of consumer choice and production possibility curves in microeconomics. Consumer choice theory, for instance, describes how customers optimize their happiness by taking their budget into account.
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5. Which of the following defines a short-term goal? (1 point) Otasks that you set to accomplish specific things in a short period of time Otasks that must be completed for a job performance evaluation Otasks that you must complete that require time and planning that usually take 12 months or more to complete Otasks that you think you need to accomplish in the future but need to start working on now
A short-term goal is defined as: A. tasks that you set to accomplish specific things in a short period of time.
What is a Short-Term Goal?A short-term goal is a specific and achievable task or objective that a person sets out to accomplish within a relatively short period of time, usually less than a year.
These goals are intended to be completed quickly, helping individuals to move closer towards their long-term aspirations and provide a sense of progress and accomplishment. Short-term goals are often the building blocks towards larger, more significant achievements, and can help individuals stay motivated and focused on their overall objectives.
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1.Opportunity cost is the cost of something in terms of giving up the next best thing?
True/False
2.Specialisation means making unique items for each customer?
True/False
Answer:
trueExplanation:
I took the test and got 100%
what is business ? please tell us
Answer:
Noun, a person's regular occupation, profession, or trade.
Explanation:
there are three commonly used price indexes. which index focuses specifically on intermediate goods?
The price index that focuses specifically on intermediate goods is producer price index.
What is the producer price index?Price index measures the changes in price level over time. Price indexes are used to measure inflation. The types of price indexes include consumer price index, producer price index and GDP deflator.
Producer price index measures the goods and services produced. Producer price index measures the changes in price of a good before it is sold to consumers.
The consumer price index measures the changes in price of a basket of good purchased by consumers. .
CPI = (cost of basket of goods in current period / cost of basket of goods in base period) x 100
GDP deflator measures the changes in price of the gross domestic product.
GDP deflator = (nominal GDP / real GDP) x 100
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Presently, the risk-free rate is 10 percent (Rf )and the expected return on the market portfolio (E(Rm))is 15 percent. Market analysts’ return expectations for four stocks are listed here, together with each stock’s expected beta.
*If the analysts’ expectations are correct, which stocks (if any) are overvalued? Which (if any) is undervalued? (Hint: You need to calculate the required return on each stock. Show all of your calculations with appropriate explanation.
*If the risk-free rate were suddenly to rise to 12 percent and the expected return on the
market portfolio to 16 percent, which stocks (if any) would be overvalued? Which (if
any) undervalued? (Assume that the market analysts’ return and beta expectations for
our four stocks stay the same.) i want explaination of stocks 'how can we find the stock is over or under valued any its over or under value.
In the current scenario, Stock A is undervalued while Stock B is overvalued. In a scenario with increased risk-free rate and market return, Stock A and Stock C remain undervalued while Stock B becomes overvalued.
We need to compare its required return with its expected return, to determine whether a stock is overvalued or undervalued.
The required return is calculated using the Capital Asset Pricing Model (CAPM), which takes into account the risk-free rate, the expected return on the market portfolio, and the stock's beta.
1. Current scenario:
In the current scenario, the risk-free rate (Rf) is 10 percent, and the expected return on the market portfolio (E(Rm)) is 15 percent. Let's calculate the required return for each stock using the CAPM formula:
Required Return = Rf + Beta * (E(Rm) - Rf)
a) Stock A:
Expected Return = 12%
Beta = 1.2
Required Return = 10% + 1.2 * (15% - 10%) = 14%
Since the expected return for Stock A (12%) is lower than the required return (14%), it is undervalued.
b) Stock B:
Expected Return = 14%
Beta = 0.8
Required Return = 10% + 0.8 * (15% - 10%) = 12%
The expected return for Stock B (14%) is higher than the required return (12%), indicating that it is overvalued.
c) Stock C:
Expected Return = 16%
Beta = 1.5
Required Return = 10% + 1.5 * (15% - 10%) = 17.5%
The expected return for Stock C (16%) is lower than the required return (17.5%), suggesting that it is undervalued.
d) Stock D:
Expected Return = 11%
Beta = 0.9
Required Return = 10% + 0.9 * (15% - 10%) = 11.5%
The expected return for Stock D (11%) is slightly lower than the required return (11.5%), indicating that it might be slightly undervalued.
2. Scenario with increased risk-free rate and market return:
In this scenario, the risk-free rate rises to 12 percent, and the expected return on the market portfolio increases to 16 percent. We will use the same beta values provided by the market analysts.
a) Stock A:
Required Return = 12% + 1.2 * (16% - 12%) = 15.6%
The expected return for Stock A (12%) is lower than the required return (15.6%), so it is undervalued.
b) Stock B:
Required Return = 12% + 0.8 * (16% - 12%) = 13.6%
The expected return for Stock B (14%) is higher than the required return (13.6%), indicating that it is overvalued.
c) Stock C:
Required Return = 12% + 1.5 * (16% - 12%) = 18%
The expected return for Stock C (16%) is lower than the required return (18%), suggesting that it is undervalued.
d) Stock D:
Required Return = 12% + 0.9 * (16% - 12%) = 13.2%
The expected return for Stock D (11%) is lower than the required return (13.2%), indicating that it is undervalued.
In summary, based on the given information and calculations, in the current scenario, Stock A is undervalued, Stock B is overvalued, Stock C is undervalued, and Stock D is slightly undervalued.
In the scenario with increased risk-free rate and market return, Stock A and Stock C remain undervalued, Stock B becomes overvalued.
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I lost my bestfriend. Omg I can't take it.
Answer:
why tho
Explanation:
why th
Answer:
i'm so sorry this happend to me at the beginning of last year and i was sad for the whole year but im fine now cause she was toxic and wouldn't let me have any friends and i got a glow up
Explanation:
National networks is an emerging provider of cable television services. is currently working to identify best practices among its competitors through the process of ______.
financial analysis
auditing
benchmarking
staffing
empirical analysis
National Networks is an emerging provider of cable television services. is currently working to identify best practices among its competitors through the process of benchmarking.
National Networks, as an emerging provider of cable television services, is actively engaged in identifying best practices among its competitors. This process involves various strategies and techniques to gather information and gain insights into industry standards and successful practices. One approach that National networks can employ is benchmarking.
Benchmarking is a systematic process of comparing one's own performance, practices, and outcomes against those of industry leaders or competitors. It allows organizations to identify areas for improvement and learn from the best practices of others. By benchmarking against its competitors, National networks can gain valuable knowledge about successful strategies and tactics employed by established players in the cable television services sector.
Through benchmarking, National networks can analyze various aspects of their competitors' operations, such as customer service, pricing models, channel lineups, content offerings, and technological advancements. This analysis can provide valuable insights into industry trends, customer preferences, and emerging opportunities for growth.
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if a healthcare firm's prices are lower than those of its competitors, what issue becomes of less importance?
If a healthcare firm's prices are lower than those of its competitors, the issue that becomes of less importance is: price sensitivity.
Price sensitivity refers to the degree to which a customer's behavior is affected by the price of a product or service. When a healthcare firm offers lower prices compared to its competitors, it gains a competitive advantage, as customers are more likely to choose this firm for its affordable options.
Consequently, customers become less concerned about the cost of the services provided by this healthcare firm.
As a result, the firm can focus more on other aspects of its business, such as improving service quality, expanding its offerings, and enhancing the overall customer experience. By maintaining lower prices while still offering high-quality healthcare services, the firm can attract more customers and retain existing ones.
This strategy can lead to increased market share and business growth. In summary, lower prices in a healthcare firm lead to reduced price sensitivity, allowing the company to concentrate on other factors to maintain a competitive edge.
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1. Your older sister, Anna is trying to figure out how she's going to pay for college in the
Fall. Anna is going over her options with you one night and she narrows it down to
either putting her college education on your parents' credit card or taking out a
student loan. Which one would you suggest and why?
I
2. Anna then tells you a story about her friend, Chad. Chad has a Target credit card that
he opened a few months ago. The other day he tried to use his credit card to buy
popcom at the movies, but it was denied. Explain to your sister why this happened.
when you create a professional ____, you are creating a version of yourself you want employers and other professionals to see.
Answer:
Appearance
Explanation:
Hope this helps;)
The nominal interest rate i on a riskless government bond is 6%. Imagine a firm issues a bond and this bond is now associated with a risk of default such that p = 0.04. Calculate the risk premium of this bond (for a risk neutral investor).
The nominal interest rate i on a riskless government bond is 6%. Imagine a firm issues a bond and this bond is now associated with a risk of default such that p = 0.04. The risk premium of the bond, for a risk-neutral investor, is 0.0024 or 0.24%.
The risk premium of the bond, we need to consider the difference between the nominal interest rate on the riskless government bond and the expected return on the risky bond.
The nominal interest rate on the riskless government bond is given as 6% (i = 0.06).
The risk premium (RP) can be calculated using the following formula:
RP = i - (1 - p) * i
Where:
- i is the nominal interest rate on the riskless government bond
- p is the probability of default
Substituting the given values into the formula:
RP = 0.06 - (1 - 0.04) * 0.06
= 0.06 - 0.96 * 0.06
= 0.06 - 0.0576
= 0.0024
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Differential Analysis for a Discontinued Product
A condensed income statement by product line for Warrick Beverage Inc. Indicated the following for Mango Cola for the past year:
Sales $15,000,000
Cost of goods sold (10,800,000)
Gross profit $4,200,000
Operating expenses (8,000,000)
Operating loss $(3,800,000)
It is estimated that 30% of the cost of goods sold represents fixed factory overhead costs and that 25% of the operating expenses are fixed. Because Mango Cola is only one of many products, the fixed costs will not be materially affected if the product is discontinued.
a. Prepare a differential analysis dated February 29 to determine whether Mango Cola should be continued (Alternative 1) or discontinued (Alternative 2). If an amount is zero, enter "0". If required, use a minus sign to indicate a loss.
Differential Analysis
Continue (Alt. 1) or Discontinue (Alt. 2) Mango Cola
February 29
Continue
Mango Cola
(Alternative 1) Discontinue
Mango Cola
(Alternative 2) Differential
Effects
(Alternative 2)
Revenues $ $ $
Costs:
Variable cost of goods sold
Variable operating expenses
Fixed costs
Profit (Loss) $ $ $
Based on the differential analysis, discontinuing Mango Cola (Alternative 2) would result in a loss of $15,000,000 compared to continuing the product (Alternative 1). Therefore, it is not recommended to discontinue Mango Cola as it would have a negative impact on the company's profitability.
Differential Analysis for Mango Cola:
To determine whether Mango Cola should be continued or discontinued, we need to perform a differential analysis by comparing the costs and revenues associated with each alternative. Here's the breakdown:
Revenues:
Since there is no information given specifically for Mango Cola's revenues, we assume that the $15,000,000 sales mentioned in the income statement are solely attributed to Mango Cola.
Continue (Alt. 1) Mango Cola:
Revenues: $15,000,000
Costs:
The variable cost of goods sold: This information is not provided separately for Mango Cola. Hence, we assume that the variable cost of goods sold is a percentage of the total sales. Since the income statement doesn't provide the gross profit rate, we cannot calculate the variable cost of goods sold directly. Therefore, we will leave this field blank.
Variable operating expenses: This information is not provided separately for Mango Cola. Similarly, we cannot calculate the variable operating expenses directly, so we will leave this field blank.
Fixed costs: The fixed costs associated with Mango Cola are not affected by its discontinuation. Thus, we can assume that the fixed costs will remain the same whether we continue or discontinue the product. Therefore, we will enter the fixed costs as $0 for both alternatives.
Profit (Loss):
To calculate the profit (loss) for the continued alternative (Alt. 1), we subtract the variable costs (which are unknown) and the fixed costs ($0) from the revenues:
Profit (Alt. 1) = Revenues - Variable costs - Fixed costs
Profit (Alt. 1) = $15,000,000 - Variable costs - $0
Profit (Alt. 1) = $15,000,000 - Variable costs
Discontinue (Alt. 2) Mango Cola:
Revenues: $0 (Since we are discontinuing Mango Cola, there will be no revenues associated with it.)
Costs:
The variable cost of goods sold: We assume that the variable cost of goods sold will be the same percentage as in Alternative 1. Therefore, we will leave this field blank.
Variable operating expenses: We assume that the variable operating expenses will be the same percentage as in Alternative 1. Hence, we will leave this field blank.
Fixed costs: The fixed costs associated with Mango Cola are not affected by its discontinuation. Thus, we can assume that the fixed costs will remain the same whether we continue or discontinue the product. Therefore, we will enter the fixed costs as $0 for both alternatives.
Profit (Loss):
To calculate the profit (loss) for the discontinued alternative (Alt. 2), we subtract the variable costs (which are unknown) and the fixed costs ($0) from the revenues:
Profit (Alt. 2) = Revenues - Variable costs - Fixed costs
Profit (Alt. 2) = $0 - Variable costs - $0
Profit (Alt. 2) = -$Variable costs
Differential Effects (Alternative 2):
The differential effects indicate the change in profit if we discontinue Mango Cola (Alt. 2) compared to continuing it (Alt. 1). It represents the difference between the profits of Alternative 2 and Alternative 1:
Differential Effects (Alt. 2) = Profit (Alt. 2) - Profit (Alt. 1)
Differential Effects (Alt. 2) = -$Variable costs - ($15,000,000 - Variable costs)
Differential Effects (Alt. 2) = -$15,000,000
Conclusion:
Based on the differential analysis, if Mango Cola is discontinued (Alternative 2), the company would experience a loss of $15,000,000 compared
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which kind of company would you expect to pay its ceo the most?a. a company with a symbolic view of managementb. a company with a liberal view of managementc. a company with a semipotent view of managementd. a company with a omnipotent view of management
A company with an omnipotent view of management would be expected to pay its CEO the most. Hence, option d is correct.
Based on the different views of management presented in the question, the company with an omnipotent view of management would be expected to pay its CEO the most. In such a company, the CEO is often seen as the driving force behind the company's success, and their compensation reflects this belief. They are seen as being responsible for everything that happens in the company, and their compensation is often tied to the company's financial performance.
On the other hand, companies with a symbolic view of management, where the CEO's role is seen as more of a figurehead, or a liberal view of management, where employees and teams are empowered to make decisions, may not place as much emphasis on the CEO's compensation. Similarly, in companies with a semipotent view of management, where there is a balance between top-down control and employee empowerment, the CEO's compensation may not be as high as in companies with an omnipotent view.
In conclusion, the company with an omnipotent view of management would be expected to pay its CEO the most due to the belief that the CEO's decisions and actions have a direct impact on the company's success.
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Need help ASAP! Will give brainliest;) NO LINKS please, WILL REPORT.
The message that a company conveys about its product or services is a...
A). Promotional message
B). Target market
C). Promotional plan
D). Marketing strategy
Answer: The answer is A
Explanation:
A large bakery buys flour in 25 kg bags. The bakery uses an average of' 4,860 bags a year. Preparing an order and receiving a shipment of flour bags involves a cost of $10 per order. Annual holding cost is $5 per flour bag. a) Determine the economic order quantity.
b) What is the average number of bags on hand (i.e., in inventory)?
c) How many orders per year will there be?
d)Calculate the total annual cost of ordering and holding flour.
e)If ordering costs were to increase by 50 percent order, by what percentage would the EOQ change?
a) Economic Order Quantity(EQO):Economic Order Quantity can be calculated using the following formula. \(EOQ = \sqrt{\frac{2DS}{H}}\)Where D = Annual Demand in Units S = Ordering Cost per Order H = Annual Holding Cost per UnitThen EOQ will be: \(EOQ
= \sqrt{\frac{2*4,860*10}{5}}\)= \(\sqrt{19,440}\) = \(139.28\) (approx.)The economic order quantity is 139 bags.b) Average Number of Bags on Hand:To find out the average number of bags on hand, we can use the following formula: \(Average\ number\ of\ bags\ on\ hand = \frac{EOQ}{2}\)= \(\frac{139}{2}\) = \(69.5\) (approx.)The average number of bags on hand is 69.5 bags.c)
Number of Orders per Year:We can find the number of orders per year by using the following formula: \(Number\ of\ Orders\ per\ Year = \frac{D}{EOQ}\)= \(\frac{4,860}{139}\) = \(34.89\) (approx.)So, there will be 34 orders per year.d) Total Annual Cost of Ordering and Holding Flour:Total Annual Cost of Ordering and Holding Flour can be calculated using the following formula:
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Question 22 of 29
Match each type of good below with an example of that type of good.
Merit good
Public good
Individual good
?
?
?
Education
School buildings
Textbooks
SUBMIT
Merit good: Education
Public good: School buildings
Individual good: Textbooks
Merit goods are goods or services that are considered beneficial for individuals or society as a whole, even if they may not be fully recognized or demanded by individuals in the market. Education is an example of a merit good because it provides long-term benefits to both individuals and society by improving knowledge, skills, and overall human capital. The government often intervenes to ensure the provision of education as it is seen as essential for the well-being and progress of society.
Public goods are goods or services that are non-excludable and non-rivalrous in consumption, meaning that once they are provided, they are available to all and one person's consumption does not diminish the availability for others. School buildings can be considered as public goods because they can be used by multiple individuals simultaneously without exclusion. They provide a shared infrastructure for educational purposes that benefits the community as a whole.
Individual goods are goods that are rivalrous in consumption and can be excluded from others. Textbooks are an example of individual goods as they can be owned by individuals and used exclusively by them. Each textbook has a limited supply and can only be used by one person at a time. Access to textbooks can be restricted, and individuals need to acquire their own copies.
In summary, education is a merit good as it benefits individuals and society, school buildings are public goods as they provide shared infrastructure, and textbooks are individual goods as they can be owned and used exclusively by individuals.
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Which of the following is true if a bank
offers an "introductory
rate" of 0%
APR?
A. The late fees may exceed 0%.
B. 0% interest will be part of that loan forever.
C. 0% is for a limited time only.
D. The total fees for the loan will always be 0%.
A 0% APR on a credit card means that you won't be charged interest on purchases, balance transfers or both, for a fixed period of time.
What does 0% APR on purchases mean?
There are never any interest charges during the introductory term with a 0% intro APR. Only the balance that is still owed after the intro APR period has expired is subject to the standard interest rate.
What is APR in plain English?
When you have a balance on your credit card, you will be charged an annual percentage rate (APR). Certain credit cards feature variable APRs, which means that your rate could go up or down over time.
The current average APR for credit cards is around 16%, which is considered to be a respectable APR. The only credit cards available to those with poor credit can be those with higher APRs.
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Source: Tommy Stubbington and Ben Edwards, open double quoteU.K. to Repay First World War Bonds,close double quote Wall Street Journal, October 31, 2014. A few years ago the British government was considering retiring, or buying back from investors, some outstanding consols that had annual coupons of pound60. A consol is:
Answer:
Follows are the solution to this question:
Explanation:
Its console shall be coordinated effort mutual funds which do not grow at all, and in every year they create a corrected degree of interest, that's why Its bond paying a fixed rate of the coupon but not maturing.
\(\text{Consolation price} =\frac{\text{Set amount of coupon}}{\text{Return Rate}}\)
\(= \frac{35}{2.5\%} \\\\ = \frac{35\times 100}{2.5} \\\\ = \frac{35\times 1000}{25} \\\\ = \frac{7\times 1000}{5} \\\\ = 7\times 200 \\\\= 1400\)
It's the price that the government needs to offer shareholders.
Describe an example of a product that has highly elastic demand. describe at least two factors that make this product’s demand so elastic.
Answer:
An example of a product with hight elastic demand are candies, or sweets of a specific brand or kind, because if their prices go up, you will probably be able to buy another similar candy or sweet quickly.
Factors:
A product with an elastic demand usually has (many) substitutes, which make that specific product replaceable. If the product does not have a substitute (i.e. a specific medicine), it would have a low elastic demand, because you cannot change it when prices go up.An other factor that affects demand elasticity is the proportion or share on your income that an expenditure of an specific item represents in your budget. The higher the proportion of your income you spend in the product,the more elastic elasticity of demand will be. As an example, think about the price of salt or pepper: if the salt you consume doubles its price, you can still afford to buy it, because it does not represents an important share of your income. On the other hand, if your house's rent doubles, you will probably look for another apartment that you can afford, because it represents an important share of your income.Suppose the fed announces that it is lowering its target interest rate by 75 basis points, or 0. 75 percentage point. To do this, the fed will use open-market operations to the money by the public.
When the Fed increases the volume of money in circulation or the money supply to the public interest rate is bound to reduce.
What is Money Supply?In Economics, money supply is defined as the capacity of cash in the position of people in the society in any point in time. In other word, it the volume of money in circulation.
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A property is generating $100,000 in income and has expenses of $25,000. The investor pays $3,000 toward mortgage principal each year and $32,000 toward interest, plus another $4,000 in income taxes. What is the before-tax cash flow?
Answer:
$40,000
Explanation:
Calculation to determine the before-tax cash flow
Using this formula
Before-tax cash flow=Income-[Expense+(Debt service)]
Let plug in the formula
Before-tax cash flow=$100,000-[$25,000+($3,000 + $32,000)]
Before-tax cash flow=$100,000-($25,000+$35,000)
Before-tax cash flow=$100,000-$60,000
Before-tax cash flow=$40,000
Therefore the before-tax cash flow is $40,000