Let's say that Elena makes a 10% after-tax return and owes a friend $1,200. Ellina prefer to pay the friend $1,200 today.
To answer this question, we need to calculate the present value of the $1,750 payment in 4 years, using a discount rate of 10% per year. The present value formula is:
PV = FV / (1 + r)ⁿ
Where:
PV = Present Value
FV = Future Value
r = Discount Rate
n = Number of years
Using the formula, we can calculate the present value of $1,750 in 4 years as:
PV = $1,750 / (1 + 0.10)⁴
PV = $1,194.31
Therefore, if Ellina earns a 10% after-tax rate of return, she would prefer to pay her friend $1,200 today rather than $1,750 in 4 years. This is because the present value of $1,750 in 4 years is only $1,194.31, which is less than the amount she owes today. By paying the friend $1,200 today, Ellina would save money compared to paying $1,750 in 4 years.
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4 On 1 July 20-6 Mumtaz started a business. The following are her transactions for the first two weeks of trading:
Mumtaz started a commercial enterprise. the following are her transactions for the primary weeks of trading: can do economic transactions thru cellular banking using a smartphone.
Definition of transaction: something transacted specially: a trade or switch of goods, services, or funds digital transactions. b transactions plural: the often posted record of the meeting of a society or affiliation: an act, system, or example of transacting.
Examples of transactions are as follows: Paying a provider for offerings rendered or items added. Paying a seller with coins and notice so that you can attain ownership of belongings previously owned by means of the seller. Paying an employee for hours worked.
In accounting, a transaction in any financial commercial enterprise event impacts a commercial enterprise's monetary statements. because transactions include any occasion that has an economic effect on your monetary data, there are a whole lot of items that are transactions.
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Suppose after the semester ends, you take a trip to an Island of Vieques. Upon arriving at the island, you make a stop at one of the markets and notice that everyone is carrying around jars full of cowry shells. You also notice the person in line in front of you just paid for a twelve-pack old Milwaukee beer with 8 cowry shells. Someone else just bought a Whopper Pizza Combo for 6 cowry shells. Thinking back to your economics class (as painful as that may be), you would conclude that
a) this is a barter economy.
b) those cowry shells are serving as money.
c) cowry shells are valueless.
d) cowry shells soup is a delicacy.
What is Seth gordins overall message to marketers?
Answer:
“making things better, by making better things”
Explanation:
hope it helps
mark me brainliest pls
what is the ftc recommendation regarding choice as it relates to personally identifiable information (pii)? group of answer choices require robust notice only before pii is collected. require firms to allow consumers to opt-out before pii is collected. make collection of pii illegal. require firms to have consumers affirmatively opt-in before pii is collected.
The FTC's recommendation regarding consumer choice in relation to personally identifiable information is to make it mandatory for businesses to obtain customers' affirmative consent before collecting (pii).
How are personally identifiable (PII) data protected?Store delicate personal data safely when not in use in a closed desk drawer, filing cabinet, or other secure container. When using sensitive PII, make sure to keep it in a secure location that is only accessible to those with a need to know. At all costs, sensitive PII must never be faxed.
Personal identity numbers include things like Social Security Numbers (SSN), Passport Numbers, Driver's License Numbers, Taxpayer Identity Numbers, Patient Identification Numbers, Financial Account Numbers, or Credit Card Numbers. For a personal address, provide a street address or email address. personal interaction
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What is added to the price of goods and services at the time of purchase?
Answer:
VAT
Value Added Tax
______________'_''
Imagine you buy five burgers, two books, and a pair of jeans each period. In period 1,
burgers are $5, books are $12, and jeans are $30. In period 2, burgers are $6, books are
$14, and jeans are $28. What is the CPI based on your consumption?
Answer:
To find the answer, we use the Consumer Price Index (CPI) formula:
CPI = ( Cost of Market Basket in a Given Year / Cost of Market Basket in Base Year ) * 100
In this case, we will assume that the base year is period 1, and the given year is obviously period two.
Now, we simply plug the amounts into the formula:
CPI = ( 6 + 14 + 28 / 5 + 12 + 30 ) * 100
CPI = ( 48 / 47 ) * 100
CPI = 102.13
In other words, the inflation rate for this CPI was 2.13%
Wrecked Furniture. Ralph buys new furniture for his living room from Good Times Furniture. It is agreed that the goods will be placed with a common carrier for delivery. The contract between Ralph and Good Times is ambiguous regarding whether the seller had the duty to deliver the goods only to the common carrier's hands or whether the seller had the duty to deliver the goods to Ralph's home. Unfortunately, on the way to Ralph's home, through no fault of the delivery driver, the delivery truck was wrecked and the furniture was significantly damaged. Which of the following is the type of contract that Ralph and Good Times Furniture entered into?
Multiple Choice
A trucking contract
A common-carrier delivery contract
A conditional delivery contract
A conditional sales contract
A goods-in-bailment contract
Answer:
The products were to be delivered by a third-party carrier under the terms of a common-carrier delivery agreement that Ralph and Good Times Furniture engaged in.
Explanation:
The particular terms of delivery are unclear in the contract, leaving it unclear whether the seller has a duty to deliver the products to Ralph's house or only to the carrier's hands.
A ball of mass 1.5 kg is thrown upward. It leaves the thrower's hand with a velocity of 10 m/s. The following questions refer to the motion after the ball leaves the thrower's hand. Assume that the upward direction is positive. Please show me the work, I am lost, thank you
A. How long before the ball returns to the throwers hand?
B. What is final velocity of the ball just before it reaches the hand?
C. What is the change in momentum of the ball?
D. What is the impulse calculated from the change of momentum?
E. from the impulse, find the average force acting on the ball. What causes the force?
After the ball hits the thrower's hand it comes to a rest in .25 sec.
A. What is the net impulse exerted on the ball by the hand?
B. What is the average force exerted by the hand on the ball during the .25sec that the ball is being stopped?
C.What is the average force exerted by the ball on the hand during this time?
A. The ball takes approximately 1.02 seconds to return to the thrower's hand.
B. The final velocity of the ball just before reaching the hand is -10 m/s.
C. The change in momentum of the ball is -30 kg·m/s.
D. The impulse calculated from the change in momentum is -30 kg·m/s.
E. The average force acting on the ball is approximately -29.41 N, caused by gravity.
After hitting the thrower's hand:
A. The net impulse exerted on the ball by the hand is 15 kg·m/s.
B. The average force exerted by the hand on the ball during the 0.25 seconds is 60 N.
C. The average force exerted by the ball on the hand during this time is also 60 N, but in the opposite direction.
A. To find the time before the ball returns to the thrower's hand, we can use the equation of motion for vertical motion:
v = u + at
where:
v = final velocity (0 m/s when the ball reaches the thrower's hand)
u = initial velocity (10 m/s when the ball leaves the thrower's hand)
a = acceleration due to gravity (-9.8 m/s^2, considering the downward direction as negative)
t = time
Rearranging the equation, we have:
0 = 10 - 9.8t
Solving for t, we get:
t = 10/9.8 ≈ 1.02 seconds
Therefore, it takes approximately 1.02 seconds for the ball to return to the thrower's hand.
B. The final velocity of the ball just before it reaches the hand is the same as its initial velocity, but in the opposite direction. So the final velocity is -10 m/s.
C. The change in momentum of the ball is given by the equation:
Δp = m(v_f - v_i)
where:
Δp = change in momentum
m = mass of the ball (1.5 kg)
v_f = final velocity (-10 m/s)
v_i = initial velocity (10 m/s)
Δp = 1.5(-10 - 10) = -30 kg·m/s
The change in momentum is -30 kg·m/s.
D. The impulse is defined as the change in momentum. So the impulse calculated from the change in momentum is -30 kg·m/s.
E. To find the average force acting on the ball, we can use the equation:
Impulse = average force × time
Since we have the impulse (-30 kg·m/s) and the time (1.02 s), we can rearrange the equation to solve for the average force:
Average force = Impulse / time = -30 kg·m/s / 1.02 s ≈ -29.41 N
The negative sign indicates that the force is acting in the opposite direction to the motion of the ball. In this case, the force is due to gravity, which causes the ball to decelerate as it moves upward and accelerate as it moves downward.
After the ball hits the thrower's hand and comes to rest in 0.25 seconds:
A. The net impulse exerted on the ball by the hand is equal to the change in momentum. Since the ball comes to rest, the final velocity is 0, and the initial velocity is -10 m/s. Thus, the change in momentum is given by:
Δp = m(v_f - v_i) = 1.5(0 - (-10)) = 15 kg·m/s
Therefore, the net impulse exerted on the ball by the hand is 15 kg·m/s.
B. The average force exerted by the hand on the ball during the 0.25 seconds can be calculated using the formula:
Average force = Impulse / time = 15 kg·m/s / 0.25 s = 60 N
The average force exerted by the hand on the ball during the 0.25 seconds is 60 Newtons.
C. The average force exerted by the ball on the hand during this time is equal in magnitude but opposite in direction to the force exerted by the hand on the ball. Therefore, the average force exerted by the ball on the hand is also 60 Newtons, but in the opposite direction
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Note this question belongs to the subject Physics.
Six mutually exclusive alternatives, A-F, are being examined. For an 8% interest rate, which alternative should be selected? What is the highest present worth? Each alternative has a 6-year useful life.
Alternative Initial Cost Uniform Annual Benefit
A 20,000 6,000
B 35,000 9,250
C 55,000 13,380
D 60,000 13,780
E 80,000 24,320
F 100,000 24,320
Please show full work for this Q
The best alternative to select is Alternative A, which has the highest present worth of -$6,538.71. However, all alternatives have negative present worths, indicating that none of them are economically viable at an 8% interest rate.
The calculation of the present worth (PW) for each alternative reveals that all options have negative present worths, meaning that the benefits they generate are not sufficient to outweigh their costs at an 8% interest rate over a 6-year period. Despite Alternative A having the highest (least negative) present worth, it still results in a negative value of -$6,538.71. This implies that none of the alternatives should be selected as they would not provide a positive return on investment or meet the desired financial criteria.
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The first step in executing the promotion program is to Multiple Choice select the appeal. select the media. state the mission. pretest the promotion. set the budget.
The first step in executing a successful promotion program is to select the media that will be used to reach the target audience. This is a crucial decision that will impact the effectiveness of the campaign. There are various types of media that can be used including print, television, radio, online, social media, and outdoor advertising.
Once the media has been selected, the next step is to determine the budget for the promotion program. The budget will dictate the amount of resources that can be allocated to the campaign and will influence the reach and frequency of the message. In order to ensure that the promotion program is effective, it is important to pretest the promotion materials to ensure that they resonate with the target audience. This involves conducting focus groups and surveys to get feedback on the messaging, creative elements, and overall appeal of the campaign. The promotion program should state the mission and select the appeal that will resonate with the target audience.
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Which document should a job seeker send with a résumé to a potential employer?
Answer:
c). cover letter
Explanation:
A cover letter is a formal letter or document that a job seeker sends to a potential employer together with a resume. The letter details the positions that the vacant applicant seeks to fill. The cover letter or job application letter accords the applicant the opportunity to market themselves to the employer.
In the cover letter, a job seeker states why they are the best candidate for the position. Applicants use the cover letter to convince the employer to hire them.
Answer:
cover letter
Explanation:
The American Labor movement was considered radical compared to what was happening in Europe. true or false
Answer:
true took the test brainliest please
A company's organization chart displays, among other relationships, the company's vertical hierarchy of authority. This hierarchy demonstrates
This vertical hierarchy of authority demonstrates the more traditional organizational structure.
With executives at the top, intermediate managers in the centre, and low-level managers and employees at the bottom, vertical hierarchy is commonly used by companies with a high number of people. You and other senior-level executives make all the important decisions in the vertical hierarchy and communicate those decisions to mid-level managers.
These managers create strategies for putting your decisions into action and disseminate these strategies to the low-level managers in charge of monitoring your staff while they perform their daily duties. This vertical hierarchy organizational structure includes a clear chain of command and stringent rules about how your employees can make suggestions that go to the top of your business.
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After making a down payment of £35,000, the David’s need to secure a loan of £290,000 to purchase a certain house. Their bank’s current rate for 25-year-old home loans is 5.7%/year compounded monthly. The owner has offered to finance the loan at 4.8%/year compounded monthly. Assuming that both loans would be amortized over a 25-year period by 300 equal monthly instalments, determine the difference in the amount of interest the David’s would pay by choosing the seller’s financing rather than their bank’s financing
Given that the David’s have made a down payment of £35,000, the amount of loan they will require to purchase the house will be:£290,000 (cost of the house) - £35,000 (down payment) = £255,000 (required loan)The bank offers an interest rate of 5.7% per year compounded monthly, whereas the seller is offering an interest rate of 4.8% per year compounded monthly.
Both loans will be amortized over a period of 25 years with 300 equal monthly installments.To find the difference in the amount of interest that the David’s would pay by choosing the seller’s financing rather than their bank’s financing, we can calculate the total interest paid for each loan and then subtract them from each other.Let us first calculate the monthly payment for each loan. We can use the PMT function in Excel to calculate the monthly payment.=PMT(rate/12, nper, pv)where rate = interest rate per month, nper = number of total months, and pv = present value (loan amount).For bank financing:rate = 5.7%/12 = 0.00475 n per = 25 x 12 = 300 pv = £255,000 PMT (rate, n per, pv) = £1,580.17 (rounded to the nearest penny)Therefore, the monthly payment for bank financing is £1,580.17.For seller financing:rate = 4.8%/12 = 0.004 n per = 25 x 12 = 300 pv = £255,000 PMT(rate, nper, pv) = £1,458.17 (rounded to the nearest penny)Therefore, the monthly payment for seller financing is £1,458.17.
Next, let us calculate the total interest paid for each loan. We can use the CUMIPMT function in Excel to calculate the total interest paid.=CUMIPMT(rate/12, nper, pv, start_period, end_period, type)where rate = interest rate per month, nper = number of total months, pv = present value (loan amount), start_period = start period (usually 1), end_period = end period (usually the total number of periods), and type = type of payment (usually 0 for end of period).For bank financing rate = 5.7%/12 = 0.00475 n per = 25 x 12 = 300 pv = £255,000 start_period = 1end_period = 300type = 0CUMIPMT(rate, nper, pv, start_period, end_period, type) = £248,874.60 (rounded to the nearest penny)Therefore, the total interest paid for bank financing is £248,874.60.For seller financing rate = 4.8%/12 = 0.004 n per = 25 x 12 = 300 pv = £255,000 start_period = 1 end_period = 300 type = 0CUMIPMT(rate, nper, pv, start_period, end_period, type) = £207,451.20 (rounded to the nearest penny)
Therefore, the total interest paid for seller financing is £207,451.20.Finally, we can calculate the difference in the amount of interest the David’s would pay by choosing the seller’s financing rather than their bank’s financing.= Total interest paid for bank financing - Total interest paid for seller financing= £248,874.60 - £207,451.20= £41,423.40 Therefore, the difference in the amount of interest the David’s would pay by choosing the seller’s financing rather than their bank’s financing is £41,423.40.
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You receive four applications for the three positions. You have read their resumes and conducted interviews. Who do you hire for each role? Students will use a categorization table to match the right job to the right person.
As a recruiter, after reviewing resumes and conducting interviews, I have four candidates for three positions.
How is this so?To make the hiring decisions, I carefully consider each candidate's qualifications, skills,experience, and interview performance.
Using a categorization table, I match the right job to the right person based on their compatibility, demonstrated abilities, and potential for success in each role.
This process ensures that the most suitable candidates are selected for each position.
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an increase in direct fixed costs could reduce all of the following except select one: a. product line operating income b. product line contribution margin c. product line segment margin
The correct answer is (c)
A main reason for this is that product line segment margin is calculated by subtracting direct fixed costs and direct variable costs from product line revenue.
The impact on product line operating income and contribution margin could depend on the magnitude of the increase in fixed costs and the ability of the product line to adjust its pricing and/or variable costs. In general, an increase in fixed costs will reduce operating income and contribution margin, but the extent of the reduction will vary.
An increase in direct fixed costs will affect the product line operating income (a) and product line segment margin (c) because these both take into account fixed costs. However, the product line contribution margin (b) only considers variable costs, not fixed costs, so it would not be affected by an increase in direct fixed costs.A main reason for this is that product line segment margin is calculated by subtracting direct fixed costs and direct variable costs from product line revenue
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Choose the best answer. Internal operations integration:
The full potential of management information to plan and coordinate operations
The creation of operational linkages with material and service providers
The highest level of the organization to facilitate integration
The knowledge and achievement level essential to developing integrated performance
The joint activities within a firm
Internal operations integration refers to joint activities within a firm aimed at achieving the full potential of management information, creating operational linkages, facilitating integration at the highest level of the organization, and developing integrated performance. The best answer would be "The joint activities within a firm."
Internal operations integration encompasses the coordination and alignment of various activities within a firm to optimize performance and achieve organizational goals. It involves integrating different functions, departments, and processes to enhance efficiency and effectiveness."The joint activities within a firm" best capture the essence of internal operations integration. It signifies the collaborative efforts and coordinated actions taken by different stakeholders within the organization to streamline operations, improve communication, and drive overall performance.
Internal operations integration enables the full potential of management information to be realized. By aligning information systems, data, and analytics across different functions, it allows for better planning, decision-making, and coordination of operations. This integration ensures that relevant and accurate information flows seamlessly throughout the organization, enabling managers to make informed choices and allocate resources efficiently.
Moreover, internal operations integration involves creating operational linkages with material and service providers. This means establishing strong relationships and collaboration with suppliers and partners to ensure a smooth and integrated supply chain. By aligning processes, systems, and goals with external stakeholders, organizations can enhance their operational efficiency, reduce costs, and improve customer satisfaction.
At the highest level of the organization, internal operations integration facilitates integration across various functions and departments. It involves aligning strategic objectives, establishing clear communication channels, and promoting a shared vision and culture throughout the organization. This top-down approach ensures that all levels of the organization work in harmony towards common goals, fostering a cohesive and integrated operational environment.
In summary, internal operations integration encompasses joint activities within a firm that aim to leverage management information, create operational linkages, facilitate integration at the highest level, and develop integrated performance. By fostering collaboration, aligning processes, and optimizing resources, internal operations integration enhances organizational performance and competitiveness.
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Explain to the management of SSSMM the impact of the following socio-
economic issues on their business.
a.Inflation
b.Dumping
Answer:
inflation
Explanation:
this a process by which prices of a particular goods are high
Which of the following characteristics of tourism services explains which guests need to be present when the service is being performed?
The items below list several e-mail practices. If the practice describes something workers should do when using e-mail for business purposes, select Do. If the practice describes something workers should not do when using e-mail for business purposes, select Don't.
include a signature.
include lots of exclamation marks to get your point across.
include the thread of previous messages.
make e-mail messages brief.
always mark messages as urgent so your e-mails will be read first.
use a relevant subject line.
use all capital letters when the message is urgent.
Answer:
do
don't
do
do
don't
do
dont
Sometimes a liquid can be sitting there and its molecules will become a gas. That’s called
___________________________________________.
Answer:
Una vez que toda la sustancia está en estado líquido, al continuar calentando vuelve a subir la temperatura y llega un momento en que las fuerzas intermoleculares ya son incapaces de mantener juntas las moléculas del líquido, por lo que éste hierve y se convierte en un gas, se produce la ebullición.
In which workplace are workers least likely to be injured by heavy equipment? a greenhouse a slaughterhouse a farm a quarry
Answer:
A green house
Explanation:
a slaughterhouse a farm a quarry
use heavy equipment and even tho they have more safety then a green house you could still even die on the job where in a green house the most you could get a a cut from a knife or something.
Please correct me if I'm wrong LOL
In the cash flow information for the ping kings project, ping spent $300,000 for research and development of the golf clubs. Ping's tax rate is 25%. How much of this cost should be included in the initial (t = 0) cash flow for this project?.
The initial (t = 0) cash flow for the Ping Kings' Project should account for $300,000 of the expenditure.
Should the costs of research and development be capitalized?For the majority of businesses, research and development is an investment that will pay off over a number of years in terms of revenue, cash flow, and profit; as a result, it should ideally be capitalized as an asset rather than expensed.
Research and development costs are regarded as sunk costs under U.S. GAAP and should not be capitalized.
Why is R&D a cost rather than a capital expense?The major reason businesses aren't allowed to capitalize their R&D expenses is because it's impossible to accurately estimate the charges' potential return on investment. Research and development involves a lot of trial and error.
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(I don't need this answered, I just wanted to put the correct answers out there for other users)
Drag the tiles to the correct box.
Match the credit types to the examples.
Secured Credit - home payments
Installment Credit - student loan
Unsecured Credit - credit card
Hope this helps! :) #platofam
Answer: The person who made the question is correct.
Secured Credit - home payments
Installment Credit - student loan
Unsecured Credit - credit card
What is secured credit?A sort of credit card known as a secured credit card is one that the cardholder backs with a cash deposit. This deposit serves as account collateral, giving the card issuer protection in the event that the cardholder is unable to make payments. With a secured credit card, the sum of the deposit you make becomes the credit limit on your card.
Subprime borrowers, or those with weak or scant credit histories (sometimes known as "thin-file borrowers"), are frequently given secured credit cards. Secured credit cards can aid borrowers in raising their credit scores because the card issuer will report on them to credit reporting bureaus.
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When an employee takes vacation time off, what is the impact on the accounting equation?.
The liability account is debited when employees take time off with pay for holidays, vacations, or sick days.
This expense should be included in the same area of the company's income statement as the delivery salaries and wages because this account relates to the delivery function of the firm.
The amount of vacation pay that employees have accrued is documented in the general ledger account known as vacation pay expense. At the conclusion of each reporting period, the amount in the account is updated to reflect the additional expense caused by the employee time worked during the period.
Total the hours worked during the most recent accounting period. The number of vacation hours used during the current period is subtracted. To get the correct accrual that should be recorded in the company's books, multiply the final number of vacation hours accrued by the employee's hourly salary rate.
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Why is it important for Chipotle to revise the company’s food-handling
standards?
Answer:
It is important for Chipotle to revise the company’s food-handling standards as they have been linked to recent outbreaks of E. coli, salmonella, and other food born viruses.
Explanation:
(In reality who gives a sh#t about Chipotle, no one wants to get sick from their disgusting food...)
Henry recently set up a retail store in his hometown. He studied the pattern that other storeowners followed in obtaining new customers. All their current customers had referred the store to their friends and family. Their awareness basically spread through word-of-mouth. Henry knew that his store offered the same quality as the other stores did. His store was also on the same street as the other retail stores. Given the setting, the other storeowners were already charging their customers the bare minimum in order to remain competitive. Which P of marketing should Henry concentrate on to distinguish his retail store?
Answer :
Promotion is the P of marketing Henry may focus on to differentiate his retail shop.
Explanation :
In marketing, there are seven (7) P's that make up the marketing mix. The four (4) most important P's in the marketing mix are P-product, P-price, and P-place. P-promotion According to the text, Henry cannot utilize the first P, which stands for product, because he is aware that his store offers the same quality as the others.
Henry can't utilize the second P, Price, as a marketing technique since he knows that other business owners are already charging the bare minimum to stay competitive. Henry can't utilize the third P, which stands for Place, because his business is on the same street as the other retail stores, and he can't improve on that. Henry's lone marketing tool for beating the competition is the fourth P, which stands for Promotion.
This is because word-of-mouth knowledge established by other business owners is insufficient to create widespread awareness; word-of-mouth can only reach friends and relatives. As a result, the P in marketing that Henry may use is Promotion. He may achieve this by creating global awareness through advertisements on television, radio, social media, printing handbills, and sales promotions such as lottery draws, festive sales, clearance discounts, and offering consumers bonuses such as the buy three, get one free promotion.
If Toni has an absolute advantage in both sewing and ironing when compared to Tom,thenA) they might benefit from trading, but we need more information to determine inwhich task they should specialize.B) neither Toni nor Tom can benefit from trading with each other.C) Toni should specialize in sewing and Tom should specialize in ironing.D) Toni cannot benefit from trading with Tom but Tom can benefit from tradingwith Toni.E) Tom cannot benefit from trading with Toni but Toni can benefit from tradingwith Tom.
Toni has an absolute advantage in both sewing and ironing compared to Tom, it is possible that they might benefit from trading, but more information is needed to determine in which task they should specialize.
So, the correct answer is A.
Understanding the concept of comparative advantageThe concept of comparative advantage comes into play, which means that even if Toni is better at both tasks, they can still gain from trade if they each focus on the task they are relatively better at.
By specializing in their respective tasks and trading with each other, they can potentially increase their overall productivity and efficiency, resulting in a mutually beneficial outcome.
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Question 9 of 10
How do standards act as barriers to trade?
A. They set limits on the total amount of imported goods.
B. They force imported goods to meet certain criteria.
C. They tax imported goods in order to increase their price.
D. They use government funds to lower the cost of domestic goods.
SUBMIT
Answer:
A. They set limits on the total amount of imported goods.
Explanation:
Just took the test and it was this!!
Standards act as barriers to trade because they tax imported goods in order to increase their price. Thus, option (c) is correct.
What is trade?
The process of buying and selling commodities and services is referred to as “trade.” Trade is a form of economic activity.
The tax on imported goods and services, which is an adverse effect of raising product prices, is the biggest obstacle to trade. As prices rise, there will be a shortage of goods.
Therefore, option (d) is correct.
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Explain two ways in which mohammad could increase added value
The 2 ways in which where Mohammed could increase the added value of his company includes:
He could introduce new products and could modernize appearance and equipment in his coffee shop.He could start making cakes and pastries for special occasions like birthdays and weddings.What is an Added value?It refers to the profit that stays in the company as a difference between the total amount earned from sales and the total amount spent for production.
If such company's expenses for each product or service are higher then its price, then it is not going to have any added value. For instance, when company sells postcards for 5 dollars. In the same time, costs for making one postcard are 3 dollar. Added value = = 5 dollar - 3 dollar = 2 dollar.
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