Critical Thinking:
8. Seventeen year old Kara, who is also black, wants a laptop computer of her own. She goes to Best Buy to purchase a new laptop with part of the money she saved from her part-time job. The laptop cost $1,100. Kara offers to put down $400 and make monthly payments through the store’s credit plan. Because Kara is only 17, the manager of the store refuses to sell her the laptop and asks her to return with her parents to possibly work out a deal.
1) Is this fair to Kara? Explain.


2) Is this discriminatory or illegal? Explain.
a.
3) What concerns might the manager have about selling a computer to Kara? (2)
a.
b.


Answers

Answer 1

Answer:

1) It may not be fair to Kara,but since many teenagers are ill-responsible, it may be best to work out deals with their parents, rather than a child. Since she is supposed to be making monthly payments, that may mean that she forgets, or doesn't do so. By having a parent there, Kara and the manager can ensure that there is understandment about the product that is being sold.

2) Kara is under 18, which means that a salesperson does not have to sell her a product if they feel it is not fit for them. So no, it is not illegal or discriminatory to her race, but perhaps to her age group..

3) a. The manager may be worried that Kara is not mature or old enough to have the responsibilities that come with paying a month-to-month rate.

b.The manager also may be worried that Kara took the money from her parents to secretly buy the computer, rather than buying the computer with her own money.

I hope this helps & Good Luck!


Related Questions

Jared has health insurance through his employer, which he has never considered using until now. The plan has a $1,000 annual deductible and 20% co-pay for office visits with a minimum of $25. Jared cut his foot and went to his doctor’s office where he got stitches. The bill from the doctor’s office was $240. How much of the bill will Jared have to pay himself?

Answers

Out of the choices provided above, it can be concluded to state that Jared will have to pay a bill of $48 himself, if the insurance is based on the terms of co-payment for the situation given above. Therefore, the option A holds true.

What is the significance of co-payment?

Co-payment can be referred to or considered as an agreement between the insurer and the insured to make proportionate payments of the bills in case an insured event takes place.

For the above condition, using the given information, the amount of co-payment can be calculated as below,

Co-payment = Bill x Insured's Co-payment

Co-payment = 240 x 20%

Co-payment = $48.

Therefore, the option A holds true and states regarding the significance of co-payment.

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The missing options have been added below for better reference.

A. $48

B. $0

C. $25

D. $240

What’s the answer???

Whats the answer???

Answers

Answer:

I am not sure but I think it would be B right?

Explanation:

Because she already has $10 to go to the movie right, so she would use that 10 dollars to go to the movie with her friend?

a perpetuity of $5,000 per year beginning today offers a 15% return. rounded to dollars and cents, what is its present value?

Answers

A perpetuity of $5,000 per year starting today gives you a 15% return. Rounded to dollars and cents, its present value will be $33,333.33

How to calculate the present value?

It is necessary to calculate the annual payment divided by the discount rate, so we will have the following formula:

Present value = Annual payment / Discount rate.

Therefore, since we have the annual payment and $5,000 and the discount rate of 15%, we will have the following present value:

Present value = $5,000/ 0.15Present value = $33,333.33

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The balance on a credit card, that charges a 20%
APR interest rate, over a 1 month period is given in
the following table:
Days 1-5: $200 (initial balance)
Days 6-20: $350 ($150 purchase)
Days 21-30: $150 ($200 payment)
What is the finance charge, on the average daily
balance, for this card over this 1 month period?
finance charge = $ [?]
Round to the nearest hundredth.
Enter

Answers

The balance on a credit card, that charges a 20% APR interest rate, the Finance charge is given as

$4.3055

This is further explained below.

What is the APR interest rate?

Generally, The interest rate that is applied to a loan, mortgage loan, credit card, etc. is referred to as an annual percentage rate of charge, which sometimes corresponds to a nominal APR and sometimes corresponds to an effective APR.

The annual percentage rate of charge is the interest rate for the entire year, as opposed to just a monthly fee or rate. It is a fee for financing that is presented in the form of an annual rate.

Interest rate APR = 12%

Average balance = ((200*5)+(350*15)+(150*10))/30

Average balance = $258.33

Average balance*APR/12

Finance charge =\(\frac{258.33*20 \%}{12 }\)

Finance charge = $4.3055

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True or false: Manufacturers can get cost information more easily than sales information.

Answers

False. Manufacturers typically find it easier to obtain sales information than cost information. it is generally easier for manufacturers to access sales information compared to cost information.

False. Manufacturers typically find it easier to obtain sales information than cost information. Sales information is usually more readily available as it can be accessed through various sources, such as sales reports, customer orders, and market research data. Additionally, sales data can be monitored in real-time through point-of-sale systems, e-commerce platforms, and other digital tools. On the other hand, cost information is often more challenging to gather and analyze. Costs include a wide range of factors, such as materials, labor, overhead, and indirect expenses, which may vary depending on multiple variables like production volume, supplier contracts, and changing market conditions. This complexity makes it difficult for manufacturers to accurately estimate and track costs. Moreover, cost information can be sensitive, as it often involves proprietary processes, negotiations with suppliers, and internal strategies. This might make companies more reluctant to share or reveal such data, further contributing to the difficulty in obtaining cost information. In conclusion, it is generally easier for manufacturers to access sales information compared to cost information. However, both types of data are essential for effective decision-making and management in the manufacturing industry.

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What is the FIRE movement?

Answers

Answer:

The FIRE movement is a lifestyle movement with the goal of gaining financial independence and retiring early.

Governments use tariffs in order to:

A. increase the cost of products imported from foreign countries.

B. promote completely free trade in all countries around the world.

C. invest government funds into a struggling domestic industry.

D. agree on the conditions of trade with another country.

PLEASE HELP :’)

Answers

Answer:Why do governments impose tariffs?

To protect newly established industries from total and premature collapse, the imposition of tax has to be made to curtail excessive demand for foreign-made goods.

Explanation:

Governments use tariffs in order to increase the cost of products imported from foreign countries. Thus the correct option is A.

What is Government?

The government is referred to as an administrative body that helps to perform the function of the country by maintaining peace and order and implementing rules and laws described in the constitution and working for the welfare of its citizens.

If there were significant tariffs, the US would become less dependent on imports. By exploiting the significance of tariffs and raising taxes on imported items, domestic goods are given preference.

Tariffs is referred to taxes applied on imported goods that increase the cost of foreign goods in the country. Due to high price of foreign goods customer shift to domestic goods which helps in improving the economy.

Therefore, option A is appropriate.

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Debit cards
Pros:
Cons:

Answers

Answer:

Pros: their easy to obtain, gets rid of the need to carry cacash to buy things, you can place limits on your spending so you dont  overspend, no fee to use, can be used to withdraw cast at ATM's

Cons: some companies systems accept prepaid debit cards, you risk losing money on debit card, easy to gain to your money if card is stolen and PIN is known.  

Explanation:

its up to you :)

 

All of the following allow for a monopoly to exist EXCEPT ______________.
a. geography
b. competition
c. a patent
d. government mandate
Economics

Answers

Answer:

d. government mandate economics

Explanation:

during the industrial era the government stepped in to stop wealthy monopoly companies from corruption of the government

The correct option is (d) Government mandate economics.

What does government mandate economics mean?

The group of people responsible for governing the country is called the government. If some government has a mandate for carrying out any policy or task, then they somewhat get the authority to win the election or vote. Hence (d) is correct out of all options.

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the work by walter gehring and colleagues identified the pax6 gene as a master regulator. which of the following statements about their work and the pax6 gene is false?

Answers

The false statement is D. The Pax6 gene is not only present in organisms with more complex eyes, but it is also present in many different organisms across the animal kingdom, including those with simpler eye structures, such as some cnidarians and flatworms.

Pax6 is a gene that plays a critical role in the development of the eyes and central nervous system in many organisms, including humans. It encodes a transcription factor that regulates the expression of other genes involved in eye and brain development.

During embryonic development, Pax6 is expressed in the developing eye and brain, where it helps to specify the formation of the optic vesicle, lens, and other eye structures. It is also involved in the development of the cerebral cortex, olfactory system, and pancreas. Mutations in the Pax6 gene can lead to a range of developmental disorders, including aniridia (a condition in which the iris is partially or completely absent), cataracts, and various types of cognitive impairment. Pax6 is also of interest to researchers studying the evolution of vision and the genetic basis of eye diseases.

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Complete Question:

Which of the following statements approximately the Pax6 gene is fake?

A.The Pax6 gene in mice and fruit flies could be very similar

B.A mouse Pax6 gene can sell fruit fly eye developments

C. genes downstream of Pax6 can range significantly among organismal groups

D.The Pax6 gene is only found in organisms with extra complex eyes

E.The Pax6 gene codes for a transcription element

In a slae the price of a coat was reduced by 25% if raj paid 900 for thencoat what was its original price?

Answers

Answer:

the answer to this is 3600

Explanation:

25% of ? is 900.

So 1% of ? = 900 ÷ 25 = 36

So 100% of ? = 36 x 100 = 3600.

So the original number is 3600.

________ makes the world market more accessible for companies that sell traditional products by lessening the cost and difficulties associated with global communication.

Answers

Globalization makes the world market more accessible for companies that sell traditional products by reducing the cost and challenges related to global communication.

Globalization refers to the increasing interconnectedness and integration of economies and societies worldwide. One of the significant advantages of globalization is the improved accessibility of the world market for companies, including those selling traditional products. This accessibility is primarily facilitated by advancements in communication technology and infrastructure.

With globalization, companies can leverage various communication tools and platforms to connect with customers and partners across different countries and regions. The availability of affordable and efficient communication channels, such as the Internet, email, video conferencing, and social media, has significantly reduced the cost and difficulties associated with global communication.

Previously, companies selling traditional products faced challenges in reaching customers in distant markets due to high communication costs, language barriers, and logistical constraints. However, globalization has revolutionized these aspects by providing cost-effective and instant communication options. Companies can now interact with customers, market their products, and gather market intelligence globally with relative ease.

By leveraging globalization and its associated communication advancements, companies selling traditional products can expand their reach, tap into new markets, and establish international networks. This increased accessibility to the world market allows them to overcome previous limitations and explore new growth opportunities on a global scale.

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ms. kilo is an unmarried individual. she has $219,344 taxable income in 2021. compute ms. kilo's regular tax liability if she files as a single taxpayer and if she files as a surviving spouse

Answers

To calculate Ms. Kilo's regular tax liability for the 2021 tax year, we need to consider the applicable tax brackets and rates.

Please note that tax laws are subject to change, so it's always a good idea to consult with a tax professional or refer to the official IRS guidelines for the most accurate and up-to-date information.

For the purpose of this calculation, let's assume the following tax brackets and rates for the 2021 tax year (based on the rates in effect prior to my knowledge cutoff in September 2021):

Single Taxpayer Rates:

10% on taxable income up to $9,950

12% on taxable income over $9,950 up to $40,525

22% on taxable income over $40,525 up to $86,375

24% on taxable income over $86,375 up to $164,925

32% on taxable income over $164,925 up to $209,425

35% on taxable income over $209,425 up to $523,600

37% on taxable income over $523,600

Surviving Spouse Rates:

10% on taxable income up to $19,900

12% on taxable income over $19,900 up to $81,050

22% on taxable income over $81,050 up to $172,750

24% on taxable income over $172,750 up to $329,850

32% on taxable income over $329,850 up to $418,850

35% on taxable income over $418,850 up to $628,300

37% on taxable income over $628,300

Based on Ms. Kilo's filing status and taxable income, the regular tax liability would be calculated as follows

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how much does it cost to install 1000 square feet of hardwood floors?

Answers

Answer:The average cost to install hardwood floors on 1,000 sq. feet is between $6,115 and $10,140 with most homeowners spending about $8,127 for materials and professional labor.

Explanation:

As a general rule, when estimating equivalent annual costs, ________ cash flows should be used.

Answers

Answer:

balance sheet

Explanation:

21. Robin Banyan applied for a job at Shane Printing, which is unionized. She was told that she need not join the union and did not have to pay union dues if she did not want to. Shane Printing's labor contract supports a(n) _____ shop.

Answers

Based on the information provided, Shane Printing's labor contract supports an "open shop." In an open shop, employees are not required to join the union or pay union dues as a condition of employment.

An open shop is a workplace where employees are not required to join a union as a condition of employment contract . In an open shop, workers have the right to choose whether or not they want to join a union and pay union dues. This is in contrast to a closed shop, where union membership and dues payment are mandatory for all employees, regardless of their personal preferences.

In an open shop, unions still have the ability to represent workers in collective bargaining negotiations and provide other benefits, but they must do so on a voluntary basis. Open shops are often seen as a way to promote individual freedom and choice, while allowing unions to compete for members based on the quality of their services.

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There is a formula to compute interest charges.
The formula is FC=P* R* T. In this formula, Tis
an abbreviation for what?

Answers

In the formula above, T is an abbreviation for time.

Which formula is I p * r * t ?

This is said to be a Base formula. It is often written as I = Prt or I = P × r × t

Here, rate is known as r, time is denoted as  t.

This is one that is the same time units known as months or years. Time conversions is one that is based on day numbers of 365 days/year.

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Which statement is FALSE?
A. Market supply schedules include all firms that sell a product in one market.

B. Individual supply schedules show the amount that one firm is willing to supply at a variety of prices.

C. Supply curves move up and to the right.

D. Supply schedules take a variety of factors into account and assume that nothing stays the same.

Answers

The statement that is false among the given statements is that the supply schedules take a variety of factors into account and assume that nothing stays the same.

What is the supply schedule?

A supply schedule is defined as the combinations of all the possible supplies, it is the graphical representation of the supply quantities and the quantities.

The supply schedules consider a number of factors and assume that commodity prices would remain stable. Individual supply schedules demonstrate how much a single company is willing to supply at various rates.

All enterprises that sell a product in one market are included in market supply schedules.

Therefore, option D is correct.

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Marcia Baker ships orchids and other perishable flowers from her greenhouses near San Francisco to florists thousands of miles away in cities such as New York, Boston, and Philadelphia. Since the flowers must reach the florists as quickly as possible, the best mode of transportation for Marcia to use would be Multiple Choice railroads. trucks. air. ships.

Answers

Answer:

air

Explanation:

San Francisco is located on the SouthWest corner of the United States, while other states such as New York, Boston, adn Philadelphia are located on the NorthEast corner of the United States. This means that the ships are not an option since they would have to go all the way around and would be the longest option. Therefore, the best and fastest option would be through air. Since both railroads and trucks are viable but would take much longer than sending the flowers through air.

describe the overall shape of the long term trend of real gdp from 1947 through 2022 (aka the natural level of output).

Answers

The overall shape of the long term trend of real GDP from 1947 through 2022 is upward.

What do we understand by real GDP?

Real GDP is a measure that considers inflation and assesses the rate at which all goods and services generated in a country for a given year. It is known as a fixed cost price and is reflected in foundation year rates. GDP at constant prices is another term for GDP adjusted for inflation. The real GDP, which only considers production and is unaffected by currency fluctuations, is regarded as a reliable gauge of a country's economic progress.

The nominal differs from the real in that it considers increases in cost prices caused by a rise in the total cost price. In most circumstances, economists utilise a component of gross domestic product (GDP).

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Select the correct answer.
Karson is a manager in a bottle manufacturing company. He wants to check whether 100 bottles were produced and dispatched to the market. Which
department should he consult?
OA human resources
OB. operations
OC. finance
OD. marketing

Answers

Answer:

B. Operations

Explanation:

Karson should consult the operations department to find out if 100 bottles were produced and dispatched to the market, as the operations department would have oversight over such production and shipping tasks.

When a driver encounters bad weather,the first thing to do is to look for the controls for things like the defroster,wipers,and lights. True or false

Answers

Answer:

true

Explanation:

When a driver encounters bad weather, the first thing to do is to look for the controls for things like the defroster, wipers,and lights is a true statement.

Who is a driver?

A driver is a worker who transports customers in a quick, safe, and effective manner. Drivers select routes based on the state of the roads in as well as keeping up with weekly/monthly maintenance schedules for their vehicles and handling on-time payments.

if a person is driving and encounters bad weather it will be in respect to various things like d foster, wiping controlling and the light that is being provided at that point in time. Then that person must first defrost and white the things so that there will not be any kind of damage or accident that might happen on the road or collision with another.

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Your father obtained a car loan payable in lump sum in 5 years at a total amount of P800,000 with an annual rate of 15%. What is the present value?

Answers

Answer:

the present value is $397,741.39

Explanation:

The computation of the present value is shown below

As we know that

Present value = Future value ÷ (1 + rate of interest)^years

= 800,000 ÷ (1 + 0.15)^5

= 800,000 ÷ 1.15^5

= $397,741.39

Hence, the present value is $397,741.39

Julie manages a franchise restaurant and is analyzing the tips left at her location. From corporate informational material, she knows the overall population mean is $6. 85 with a standard deviation of $1. 25. Julie has a sample of 180 tips for her franchise. By the central limit theorem, which interval can julie be 95% certain that the sample mean will fall within?.

Answers

Julie can predict that the sample means will fall between $6.76 and $6.94 with a 95% degree of certainty.

What is the central limit theorem with an illustration?

No matter how the population distribution is shaped, the Central Limit Theorem states that as the sample size increases, the sampling distribution of the sample means tends to resemble a normal distribution. Particularly for sample sizes greater than 30, this is true.

What is explained by the central limit theorem?

According to the central limit theorem, if the sample size is large enough, the sampling distribution of the mean will always be regularly distributed. The sampling distribution of the mean will be normal regardless of the population's distribution, which can be normal, Poisson, binomial, or any other type.

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Are either or both of these newspaper headlines positive or normative? 1. An increase in the minimum wage will bring more teenage unemployment. 2. Flex-time, which allows employees to shift their work hours over a two-week period, will allow workers to better meet family needs. A. Statement # 1 is a positive statement because it can be tested Statement #2 is a normative statement because it can't be tested B. Statement #1 is a positive statement became it can't be tested Statement #2 is a positive statement because it can't tested C. Statement #1 is a normative statement because it can't be tested Statement #2 is a positive statement because it cap be tested D. Statement #1 is a nonnative statement because it can be tested Statement #2 is a positive statement because it can't be tested

Answers

A. Statement #1 is a positive statement because it can be tested. Statement #2 is a normative statement because it can't be tested.

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In which of the years was libertyville most likely experiencing a trough in its business cycle?

Answers

In the year 2016, Libertyville most likely experienced a trough in its business cycle.

What do you mean by trough?

The level of the economy's enterprise cycle that marks the cessation of a duration of declining enterprise pastime and the transition to expansion is known as a trough.

The enterprise cycle is the upward and downward motion of gross home product and includes recessions and expansions that lead to peaks and troughs.

Thus, In the year 2016, Libertyville most likely experienced a trough in its business cycle.

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Assume that kubin company produced 20,000 units and expects to sell 19,800 of them. If a new customer unexpectedly emerges and expresses interest in buying the 200 extra units that have been produced by the company and that would otherwise remain unsold, what incremental selling and administrative cost per unit is incurred to sell these units to the customer?.

Answers

Incremental cost: This is the cost which is added or incurred by producing an additional unit product or providing extra service.

Incremental cost is the amount of money it would cost a company to make an additional unit of product.

Companies can use incremental cost analysis to help determine the profitability of their business segments.

The incremental manufacturing cost/unit incurred to sell extra units to the customers is 0. This is because 200 extra units were already produced and was supposed to be remain unsold as out of 20000 units only 19800 units were expected to be sold.. But the customer unexpectedly came and demanded 200 units which otherwise would have been unsold.

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Match each concept in Column A with an example in Column B. Column A Column B a. Substitute goods 1. Price and quantity along the supply curve b. A nonprice determinant of demand 2. Tea and coffee c. A nonprice determinant of supply 3. A change in technology d. Mark-up pricing 4. Hunger e. Positive relationship 5. Shoes and shoelaces f. Negative relationship 6. Consumer income g. Inadequacy 7. Price and quantity along the demand curve 24 h. Complementary goods 8. Setting price equal to cost plus 20 percent

Answers

Answer:

a. Substitute goods - Tea and coffee

b. A nonprice determinant of demand - Consumer income

C. A nonprice determinant of supply -  A change in technology

D. Mark-up pricing - Setting price equal to cost plus 20 percent

E. Positive relationship -  Price and quantity along the supply curve

F. Negative relationship -  Price and quantity along the demand curve

G. Inadequacy - Hunger

H Complementary goods - Shoes and shoelaces

Explanation:

Substitute goods are goods that can be used in place of another good.

if the price of a good increases, the demand for the substitute increases and if the price of the good reduces, the demand for the substitute increases.

Complementary goods are goods that are consumed together

The demand curve is a curve that shows the relationship between price and quantity demanded. The demand curve is negatively sloped because the higher the price, the lower the quantity demanded. This is in line with the law of demand.

Only a change in the price of a good leads to a movement along the demand curve of that good. Also, only a change in the price of the good would lead to an increase or decrease in the quantity demanded of that good.

Other factors other than the change in the price of the good would lead to a shift of the demand curve. Some of those factors include :

1. a change in consumers' expectation

2. a change in the taste of consumers

3. a change in income

There is a positive relationship between price and the quantity supplied. This accounts for why the supply curve is positively sloped.

A change in price of a good leads to a movement along the supply curve and not a shift of the supply curve.

Other factors other than a change in the price of the good would lead to a shift of the supply curve. Such factors include :  

1. A change in the price of input  

2. A change in the number of suppliers  

3. Government regulations  

4. Technological changes

Which factor of production is a wrench:
a.Human capital
b.land
c.labor
d. Physical capital

Answers

Answer:

C?

Explanation:

Answer:

I think C.

Explanation:I think C because of the labor.

how does increase demand for a product help lower its price to consumers?

Answers

Answer:

The four basic laws of supply and demand are: If demand increases and supply remains unchanged, then it leads to higher equilibrium price and higher quantity. If demand decreases and supply remains unchanged, then it leads to lower equilibrium price and lower quantity.

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