ivan has inherited his mother’s 1963 chevrolet corvette, which he values at $45,000. he decides that he might be willing to sell it, so he posts it on craigslist for $55,000. samantha is interested and willing to pay up to $72,000 for one. a. willing to voluntarily engage in this exchange.
Answers
Ivans benefit: $55,000 Ivans cost: benefits of car $45,000 Samantha benefit: $72,000 willing to pay Samantha cost: $55,000 Both would agree to the exchange
An exchange is a site where financial instruments including derivatives, securities, and commodities are traded. The main goals of an exchange are to maintain fair and orderly trading and effective pricing information dissemination for all securities traded on that exchange. Exchanges provide businesses, governments, and other organizations with a venue through which to offer securities to the buying public. A physical facility where traders congregate to do business or an electronic platform can both be considered exchanges. Depending on the area, they may also be referred to as a "bourse" or a share exchange. The majority of nations in the globe have exchange. The more well-known exchanges include the Tokyo Stock Exchange, the London Stock Exchange, the New York Stock Exchange, and the Nasdaq (TSE).
learn more about exchange:
https://brainly.com/question/26407800
#SPJ4
Related Questions
E9-19 (Algo) Calculating a Retirement Fund LO 9-7 You are a financial adviser working with a client who wants to retire in eight years. The client has a savings account with a local bank that pays 8% annual interest. The client wants to deposit an amount that will provide her with $1,008,000 when she retires. Currently, she has $303,200 in the account. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use the appropriate factor(s) from the tables provided.) How much additional money should she deposit now to provide her with $1,008,000 when she retires? (Round your answer to nearest whole dollar.) Additional deposit amount
Answers
To provide the client with $1,008,000 when she retires, additional deposit amount is $381,697.
To determine the additional deposit amount your client needs to reach her retirement goal, we will use the future value of a lump sum formula:
FV = PV * (1 + r)^n
Where:
FV = Future Value ($1,008,000)
PV = Present Value (the total amount currently in the account, plus the additional deposit)
r = Annual interest rate (0.08)
n = Number of years (8)
1. First, we need to calculate the future value of the current savings:
FV_current = $303,200 * (1 + 0.08)^8
FV_current ≈ $626,303
2. Next, we'll find the additional deposit needed by subtracting the future value of the current savings from the target retirement amount:
$1,008,000 - $626,303 ≈ $381,697
Therefore, your client needs to deposit an additional $381,697 now to provide her with $1,008,000 when she retires.
Learn more about Future value:
https://brainly.com/question/24703884
#SPJ11
What is the meaning of “place” in the 4 Ps of marketing?
A. where a company is situated
B. the site of a company’s warehouse
C. the location from which a customer can purchase products
D. the location where the purchased product is kept
Answers
Answer:
C. the location from which a customer can purchase products
Explanation:
In the marketing mix, place describes the venue or the selling location. Place defines where to sell the products and how customers will get the purchased items.
Place describes the ideal locations for converting potential customers to actual paying customers. It answers the question, ''where will sales be conducted ?'' In a store, a specialized retail center, a supermarket, online, or all.
Answer:
D. the location where the purchased product is kept
Explanation:
How can an employee best help to maintain a positive work environment?
ОА.
Avoid interacting with other staff members.
OB.
Focus on the good things.
O C.
Socialize every evening with other staff members.
OD.
Maintain good relations with the management.
Answers
D. Maintain good relations with the management.
Answer:
it is (C)
Explanation:
PLEASE HELP ME!! please, please,, please explain how you got it, thank you
Answers
Answer:
I think the second one.
1/10 cookies per pizza
You decide to purchase a car for $12,000. Upon driving the car ff of the lot, the resale value of the car falls to $9,000. After purchasing the car, the $12,000 purchase price represents a(n) O a) non-sunk cost b) opportunity cost ) c) sunk cost d) implicit cost
Answers
The $12,000 purchase price of the car in this scenario represents a sunk cost. The correct answer is option C.
A sunk cost is a cost that has already been incurred and cannot be recovered. In this case, once the car is purchased and driven off the lot, its resale value falls to $9,000, meaning that the initial purchase price of $12,000 cannot be recovered.
It's important to understand the concept of sunk costs because they can often influence decision-making in a negative way. For example, if the buyer in this scenario were to hold onto the car instead of selling it for its lower resale value of $9,000, they would be letting the sunk cost of $12,000 influence their decision, rather than considering the current market value of the car.
Opportunity cost, on the other hand, refers to the cost of forgoing one option in favor of another. It is the value of the next best alternative that must be given up in order to pursue a certain action. Implicit costs are costs that are not monetary, but rather the opportunity cost of resources used in a certain activity. In this scenario, neither opportunity cost nor implicit cost are relevant.
Therefore, option C is the right one.
To know more about sunk cost, visit https://brainly.com/question/14848662
#SPJ11
Firms A and B plan to collude in an economy for their similar products, which includes the grim strategy for punishment. They plan to set the price of their product at $8. The marginal cost of Firm A is $5 and Firm B is $4.50. If firm A is impatient to earn more profits and Firm B wishes to last in the business for the long-run, which of the following situations would likely occur? A. Firm B reduces the price to $7 causing Firm A to exit the market. B. Firm B reduces the price to $7 causing Firm A to reduce its price to $7. C. Firm A reduces the price to $7 causing Firm B to reduce its price to $4.50. D. Firm A reduces the price to $7 causing Firm B to exit the market.
Answers
Answer: C. Firm A reduces the price to $7 causing Firm B to reduce its price to $4.50.
Explanation:
Since firm A is impatient to earn more profits and Firm B wishes to last in the business for the long-run, then Firm A will reduce the price to $7 causing Firm B to reduce its price to $4.50.
Since Firm A reduces the price to $7, this will lead to an increase in the quantity demanded of the product and therefore the firm can earn more profit. On the other hand, firm B will reduce its price to a point where the price meets the marginal cost which is $4.50.
Discuss how scarcity of economic resources
leads to tradeoffs
Answers
Scarcity of economic resources requires individuals and societies to make tradeoffs by choosing between alternative uses of limited resources.
This scarcity necessitates making choices and tradeoffs. When resources are scarce, choosing to allocate them towards one particular use means sacrificing the opportunity to use them for alternative purposes.
For example, a government investing resources in building new infrastructure may have to reduce spending on healthcare or education. Individuals face tradeoffs as well, such as deciding between spending money on leisure activities or saving for the future.
These tradeoffs arise because resources are limited, and individuals and societies must make choices to allocate them in the most efficient and effective manner given their scarcity.
Learn more about Economic Resource here
https://brainly.com/question/30393911
#SPJ4
1. "The price of T-shirts keeps rising and rising and people keep buying more and more. T-shirts must have an upward sloping demand curve." Is the statement correct? Why or why not? Explain.
2. Suppose the economy can produce computers and candy only. Write 5 attainable combinations of the two goods that represent increasing opportunity costs. Be sure to show the math for each point. Draw the PPF for the points provided.
3. True or False. If the price of candy increases then the supply for candy increases. Explain your answer.
Answers
The statement is inaccurate. The hike in T-shirt prices could be attributed to higher demand or a reduction in supply.
How to explainSuppose a catastrophic event damages a key T-shirt manufacturing facility, resulting in a reduction in the supply of T-shirts and consequently leading to a surge in their prices. The T-shirt demand curve would exhibit a downward slope instead of an upward slope in this scenario.
Here are 5 attainable combinations of computers and candy that represent increasing opportunity costs:
Computers | Candy
------- | --------
100 | 0
90 | 10
80 | 20
70 | 30
60 | 40
The production of more computers leads to a reduction in the quantity of candy that can be manufactured, as evidenced by the given data. The reason behind this is that the materials utilized to manufacture computers are capable of being utilized for the creation of candies as well. By increasing computer production, we are sacrificing the chance to manufacture additional candy.
The PPF for these points would be a downward sloping line.
True. If candy becomes more expensive, the availability of candy will grow. The reason for this is that when the price of candy is inflated, producers are more motivated to make it. The production of candy will result in increased profits for them, particularly during times of high prices.
As the price of candy rises, so does the quantity supplied, indicating an upward-sloping supply curve.
Read more about supply curve here:
https://brainly.com/question/28479305
#SPJ4
Create a data model that represents the given business situation.
Be sure to include the following (where necessary): Entities, Unique Identifiers, Relationships, Foreign Keys, and Attributes.
Show the relationships between the entities, using the standard notation we have adopted for our course
Data Model Business Scenario: Geology Tours
Overview of the Business:
Kilauea Volcano Crater Tours was created to drive tourism back to the Big Island of Hawaii after the 2017 eruptions ended. It was created by state monument officials, and it uses local academic geologists to create (and lead) a series of crater tours. To date, its promotional efforts and most of its sales have been concentrated on the Western United States. Over the past three years the company’s rate of growth has continued to accelerate. Kilauea Volcano Crater Tours now hopes to take advantage of this opportunity by extending the reach of its promotional and sales efforts to other major urban markets through the Midwest and East Coast, including New York, Boston, Dallas-Fort Worth, and Chicago.
Such a move places the company at the threshold of unprecedented growth. On the other hand, Jason Momoa, president of Kilauea Volcano Crater Tours, has recently expressed doubts about whether the company's current approach to order processing, tour creation, and customer relationship management can keep up with the anticipated increase in demand. He has also begun to complain about being unable to get the kinds of information about customers' needs and purchasing patterns that he'll need in order to raise an aggressive and well-targeted marketing campaign in these new regional markets. A description of Kilauea Volcano Crater Tours’ business process and the data involved in that process follows.
Business Process:
For each geologist, the database should keep track of the geologist's name, highest degree held, and current university affiliation. A geologist who participates in the program usually will stay at the volcanic park for a few weeks, and will therefore typically lead many tours during his/her stay. Each tour, however, is led by just one geologist.
For each tour, officials want to record the geologist who leads the tour, the date and time-of-day the tour takes place, and a description of the route the tour takes through the crater. (There are no "standard" routes, and the geologist is free to choose where to go on any given tour.) More than one tour may take place in any given day, and it's even conceivable that two tours might leave at the same time.
The database must also keep track of the tourists who sign up for these tours. In this case, we only need to record the person who actually does the signing-up; for example, where a father signs up a family of five for a tour, the database will only have a record for the father. For each tourist (defined in this way), the database should keep track of the tourist's name, home state, and the number of people in his/her party. Obviously, the database must also identify which tour the tourist is signing up for.
A tour can (and usually does) accommodate more than one tourist and his/her party. Also, there is no restriction on how many times a given tourist can sign up to tour the crater. At the end of each tour, each tourist (again, this is the person of record in the database) is given the opportunity to submit a card giving comments on his/her experience on the tour. Volcanic park officials would like the database to have a field for recording those comments.
Answers
The Geologist_ID attribute in the tour entity is a foreign key that connects the tour entity to the geologist entity.
In this scenario, a Geology Tour business needs to create a data model. Given below is the data model of the business with entities, unique identifiers, relationships, foreign keys, and attributes:
Geologist entity:Geologist_ID (Unique identifier)Geologist_nameHighest_degreeHeldUniversity_affiliationTour entity:Tour_ID (Unique identifier)Tour_dateTour_timeTour_routeGeologist_ID (Foreign key)Tourist entity:Tourist_ID (Unique identifier)Tourist_nameHome_stateParty_sizeTour_ID (Foreign key)CommentsAttributes:Geologist ID: This attribute is the unique identifier of a geologist.
It is used to identify the geologist uniquely.Tour ID: This attribute is the unique identifier of a tour. It is used to identify the tour uniquely.Tour date: This attribute stores the date on which a tour is scheduled.Tour time: This attribute stores the time of the tour.
Tour route: This attribute stores the path taken by the geologist and tourists in the tour.Geologist ID: This attribute is the foreign key that connects the tour entity to the geologist entity.Tourist ID: This attribute is the unique identifier of a tourist. It is used to identify the tourist uniquely.Tourist name: This attribute stores the name of a tourist.Home state: This attribute stores the home state of a tourist.Party size: This attribute stores the number of people in a tourist's party.
Comments: This attribute stores the feedback given by a tourist after the tour.Relationships:There is a one-to-many relationship between the geologist and tour entities. A geologist can lead many tours, but a tour can only be led by one geologist.There is a one-to-many relationship between the tour and tourist entities.
A tour can have many tourists, but a tourist can only sign up for one tour.
To know more about entity visit:
https://brainly.com/question/13438918
#SPJ11
explain why the codification was developed
Answers
Codification was developed to systematize and simplify laws and legal principles, making them more accessible and understandable to the general public.
Codification provides a uniform and standardized approach to legal interpretation, which reduces confusion and ensures that justice is applied equally to all. Additionally, it helps to identify gaps or inconsistencies in the law, making it easier for lawmakers to create new legislation or revise existing laws as needed.
Codification was first introduced in Europe in the early 19th century as a way to address these issues. The process involved collecting all the existing laws, analyzing them, and then organizing them into a logical system.
To learn more about Codification follow the link: https://brainly.com/question/15233539
#SPJ4
Which of the following is not a reason a company might pay base wages above market competitors? a. employees are more productive b. turnover will be lower c. competitor production costs are lower d. to attract more job applicants
Answers
One reason that is not applicable is competitor production costs being lower. This is because competitor production costs do not have a direct impact on a company's decision to pay higher base wages.
Companies may pay above market wages to attract a more talented workforce, which can lead to increased productivity and better business outcomes. When employees are paid more, they are more likely to be satisfied with their jobs and less likely to leave, leading to a reduction in turnover rates. Additionally, higher wages can motivate employees to work harder and more efficiently, which can also lead to increased productivity and better business results. However, it's essential to note that paying higher wages may not always be feasible for a company, especially if it operates in a highly competitive market with narrow profit margins. In such cases, a company may need to balance the need to pay competitive wages with the need to remain profitable.
Learn more about companies from here:
https://brainly.com/question/30532251
#SPJ11
firm in a perfectly competitive constant cost industry produces olives in southern italy. there are 100 identical firms producing olives in the initial short and long run equilibrium. total costs in the short run are given by: tc
Answers
In the long run, a competitive firm will decide to exit from its business if the price (p) is less than the average total cost (ATC).
This is because in a perfectly competitive market, firms aim to maximize profits. If the price falls below the average total cost, the firm will be unable to cover all its costs, including both variable and fixed costs. In such a scenario, the firm would be operating at a loss and it would be more economically viable for them to exit the industry.
If the total revenue (TR) is less than the total cost (TC), it indicates that the firm is not generating enough revenue to cover its production costs. This situation also leads to losses and could prompt the firm to exit the market.
If the price falls below the average variable cost (AVC), the firm would not even be covering its variable costs, let alone the fixed costs. This would result in unsustainable losses and would likely lead to the firm's decision to exit.
Therefore, among the given answer choices, the correct statement is that a competitive firm will exit if the price is greater than the average total cost (p > ATC).
learn more about total cost here
https://brainly.com/question/30355738
#SPJ11
PLS I NEED THIS FAST
which piece of legislation granted rights to consumers to protect them from unethical business practices?
a. consumer bill of rights
b. american marketing association code of ethics
c. fair packaging and labeling act
d. united nations consumer protections
Answers
Answer: A.consumer bill of rights
Explanation:
The consumer bill of rights is one piece of legislation that grants customers rights to protect them from unethical commercial activities. Option A is correct.
What is the significance of consumer bill of rights?The Consumer Bill of Rights protects consumers. Consumers have the right to be informed, the right to select, the right to safety, the right to be heard, the right to have problems remedied, the right to consumer education, and the right to service.
The Consumer's Bill of Rights is intended to make it simple to get and keep utility services. The Consumers' Bill of Rights states that utilities provide essential services that must be made available to all utility consumers on fair and reasonable conditions.
One form of law that offers customers rights to protect them from unethical commercial practices is the consumer bill of rights. Therefore, option A is correct.
Learn more about the rights, refer to:
https://brainly.com/question/10710431
#SPJ2
How important is money
Answers
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
Fatima works in a bakery and earns $120 per week. Fatima’s grandfather has given her $5,000. Fatima is going to use this money to start her own business. She is going to make cakes for special occasions such as birthdays, weddings, and religious
festivals.
1. Give an example for each of the four factors of production Fatima will use in her new business.
2. What is the ‘opportunity cost’ to Fatima of her decision to start her own business?
3. Is Fatima’s business meeting consumer ‘needs’ or consumer ‘wants’? Justify your answer.
Answers
1). The four factors that would be involved in Fatima's bakery business would be:
Land or the place where she would prepare and pack the cakes. Labor who would be involved in the production of the cakes. Capital that would be invested to incur the costs of the production. Entrepreneurship is the 'art of employing innovation and risk-taking in the business for making profits.'2). The opportunity cost of Fatima's decision to run her own bakery business would be her weekly earning of $120 per week as it is the cost of the most valuable forgone opportunity.
3). Fatima's business would assist the customers in meeting their 'wants' as she assists them in fulfilling their special and personalized demands for cakes for their various occasions like weddings, festivals, or birthdays and not for regular meals.
Learn more about 'opportunity cost' here:
brainly.com/question/13036997
Hannah owns a food truck that sells tacos and burritos. She sells each taco for $3. 75 and each burrito for $7. 75. Hannah must sell no less than $430 worth of tacos and burritos each day. Write an inequality that could represent the possible values for the number of tacos sold, tt, and the number of burritos sold, bb, that would satisfy the constraint.
Answers
An inequality expression that could represent the possible values for the number of tacos and burritos sold is: 3.75tt + 7.75bb ≥ 430.
Let tt represent the number of tacos sold.
Let bb represent the number of burritos sold.
Hannah sells each taco for $3.75 and each burrito for $7.75.
She has to sell no less than $430 worth of tacos and burritos each day.
So, these are expressed in an inequality as:
3.75tt + 7.75bb ≥ 430
What is inequality expression?Inequalities are mathematical expressions in which the sides are not equal to each other. Inequality expression involve the symbols >, <, ≥ and ≤.
Learn more about inequality expression at: https://brainly.com/question/29989669
#SPJ4
Economies experience sacracity because:
Answers
Scarcity helps people make more informed choices about how to use the resources that are available. The concept of scarcity works in business in the following ways: Scarcity is essential to the study of economics. A fundamental aspect of scarcity is the mismatch between supply and demand.
If the market for soccer balls is saturated and the market for soccer nets is open, which combination makes the most sense for Sabrina’s Soccer?
Answers
If the market for soccer balls is saturated and the market for soccer nets is open, a combination which makes the most sense for Sabrina’s Soccer is: F.
What is a production possibilities curve?A production possibilities curve (PPC) is also referred to as the production possibilities diagram or the production possibilities frontier (PPF) and it can be defined as a type of chart that is typically used for illustrating the maximum and best combinations of two products that can be produced by a producer (manufacturer) in an economy, if they both depend on these two (2) factors;
Technology is fixed.Resources are fixed.Based on the production possibilities curve (see attachment), we can reasonably infer and logically deduce that the maximum and best combinations that would offer the most sense for Sabrina’s Soccer is option F with 0 for soccer balls and 5 for soccer nets.
Read more on production possibilities here: brainly.com/question/26460726
#SPJ1
Problem 5-1 (Algo) Analysis of alternatives (LO5-3, 5-8) Esquire Company needs to acquire a molding machine to be used in its manufacturing process. Two types of machines that would be appropriate are presently on the market. The company has determined the following: (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Machine A could be purchased for $55,000. It will last 10 years with annual maintenance costs of $1,900 per year. After 10 years the machine can be sold for $5,775. Machine B could be purchased for $50,000. It also will last 10 years and will require maintenance costs of $7,600 in year three, $9,500 in year six, and $11,400 in year eight. After 10 years, the machine will have no salvage value. Required: Assume an interest rate of 8% properly reflects the time value of money in this situation and that maintenance costs are paid at the end of each year. Ignore income tax considerations. Calculate the present value of Machine A & Machine B. Which machine Esquire should purchase? (Negative amounts should be indicated by a minus sign. Do not round intermediate calculations. Round your final answers to nearest whole dollar amount.) PV Machine A Machine B Esquire should purchase $ $ Machine A 13,149 13,827
Answers
Calculation of Present value (PV) of Machine A and Machine B:Present value (PV) of Machine A:In order to calculate the present value of Machine A, the present value of maintenance cost and salvage value of Machine A is calculated first using the below formula:
PVA = A * PVAFn,iwhere, A is annual maintenance cost, PVAFn,i is present value factor, and n is the number of years.PVAFn,i = 1 / (1+i)nPVF = FV * PVFAn,i
where, FV is future salvage value of the asset, PVFAn,i is present value factor for future value, and n is the number of years.Using the given information, the calculation of PV of Machine A is as follows:
PVA = A * PVAFn,iPVA = $1,900 * 6.71008 (10, 8%)PVA = $12,698.16PVF = FV * PVFAn,iPVF = $5,775 * 0.46319 (10, 8%)PVF = $2,669.99PV of Machine A = PV of initial cost + PV of annual maintenance cost + PV of future salvage valuePV of Machine A = $55,000 + $12,698.16 + $2,669.99
PV of Machine A = $70,368.15Present value (PV) of Machine B:
In order to calculate the present value of Machine B, the present value of maintenance cost of Machine B is calculated first using the below formula:PVA = A * PVAFn,iwhere,
A is annual maintenance cost, PVAFn,i is present value factor, and n is the number of years.
PV of maintenance cost in year 3 = $7,600 * 0.79383 (3, 8%) = $6,038.68
PV of maintenance cost in year 6 = $9,500 * 0.62740 (6, 8%) = $5,961.30
PV of maintenance cost in year 8 = $11,400 * 0.54028 (8, 8%) = $6,161.13
PV of Machine B = PV of initial cost + PV of annual maintenance cost
PV of Machine B = $50,000 + $6,038.68 + $5,961.30 + $6,161.13
PV of Machine B = $68,161.11
From the above calculations, it is clear that PV of Machine A is $70,368.15 and PV of Machine B is $68,161.11.
Hence, Esquire company should purchase Machine B which has a lower PV of $68,161.11.
Esquire Company needs to acquire a molding machine to be used in its manufacturing process.
Two types of machines that would be appropriate are presently on the market. Machine A could be purchased for $55,000. It will last 10 years with annual maintenance costs of $1,900 per year.
After 10 years the machine can be sold for $5,775.
Machine B could be purchased for $50,000.
It also will last 10 years and will require maintenance costs of $7,600 in year three, $9,500 in year six, and $11,400 in year eight.
After 10 years, the machine will have no salvage value.
The present value (PV) of Machine A is $70,368.15 and the present value (PV) of Machine B is $68,161.11. Hence, Esquire company should purchase Machine B which has a lower PV of $68,161.11.
Assume an interest rate of 8% properly reflects the time value of money in this situation and that maintenance costs are paid at the end of each year. Ignore income tax considerations.
Negative amounts should be indicated by a minus sign. Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount.
Learn more about maintenance cost visit:
brainly.com/question/20388858
#SPJ11
Penelope learned of a new program that would help her company keep track of their inventory more efficiently. She sent an e-mail to the inventory-control manager to share this information. She also wanted to send a copy of her message to the company's purchasing manager. What did Penelope click on to send this message to the purchasing manager?
Answers
Based on the computer application and the situation described here, it is concluded that Penelope click on the CC field to send this message to the purchasing manager.
What is the CC field in E-mail?CC field is a type of field in an email that allows the sender to send a “carbon copy” of the email to someone apart from the recipient in the To: field of the email.
Generally, the CC field in email lets you keep recipients in the loop, thereby making the sender send emails to more than one recipient in a single email.
Typically, CC in email stands for Carbon Copy, and it is similar to but slightly different from BCC.
Unlike CC which stands for Carbon Copy. BCC stands for Blind Carbon Copy.
Also, in CC, all recipients will be able to see each other mail address. However, in BCC none of the recipients will be able to see each other mail address.
Hence, in this case, it is concluded that the correct answer is the CC field.
Learn more about CC in the Email here: https://brainly.com/question/1417131
#SPJ1
Opportunity cost is best described by which of the following statements?
Choose 1 answer:
Choose 1 answer:
(Choice A)
The value of the next best option given up when making a decision
(Choice B)
The tradeoffs faced when choosing how to use a scarce resource
(Choice C)
The price to a consumer of a good or service
(Choice D)
The cost a buyer sees for something they want
(Choice E, Checked)
The monetary cost of any economic transaction
Answers
Answer:
The value of the next best option given up when making a decision.
Explanation: In Opportunity cost means what we give up to get it.
The worth of the next best choice foregone during decision-making. As a result, choice (A) is the right reaction.
What is opportunity cost?The value or gain that is given up in return for engaging in a certain activity as opposed to engaging in a different activity is known as the opportunity cost in microeconomic theory.
To put it another way, it means that by deciding on one path of action (like making an investment), you are giving up the opportunity to choose an other course of action. The best activity is regarded as the one that produces the maximum return among all others, after deducting opportunity costs.
The objective of opportunity cost, which illustrates the relationship between scarcity and choice, is to ensure efficient use of scarce resources. It accounts for all direct and indirect costs associated with decisions.
Hence, option (A) is accurate.
Learn more about opportunity costs, from:
brainly.com/question/13036997
#SPJ2
Why does no one like me? i need answers.
Answers
Answer:
nobody likes me either lol
Michael earns $3,950 every month after taxes and deductions for social security and insurance. He puts $900 a month into savings. He wants to buy a $30,000 boat. He only has $11,000 saved up for this major purchase. He is willing to postpone the purchase for 2 years (24 months) in order to reach a savings goal of $30,000. Will Michael be able to afford the boat in two years if he continues to save $900 a month?
Answers
Answer:
Yes, Michael will afford the boat
Explanation:
So far Michael has saved $11,000.
The boats costs $30,000 to purchase.
Michael needs to raise $19,000 ($30,000 - $11,000) in two years to buy the boat.
Michael saves $900 per month. In 24 months he will have saved
=$900 x 24
=$21,600
Michael requires $19,000 but will have save $21,600 in two years. Therefore, he should be able to purchase the boat.
Early bird enterprises conducts thorough background investigations of its prospective employees. the purpose of such investigations is to:_____.
Answers
The purpose of background investigations is to identify the applicants that are most likely to succeed.
The background investigation will consist of credit and criminal records exams, statistical tests to affirm citizenship of circle of relatives members, verification of date of start, schooling, employment records, and military records.
A background investigation is a process someone or agency makes use of to affirm that an individual is who they declare to be, and this offers an opportunity to test and verify the validity of someone's crook file, education, employment history, and different sports from their past
The assessments must be directly related to the job applied for. Employment exams had been legally challenged as capacity means of discrimination. A few groups check the capability of employees in assessment facilities in which they perform real activity tasks.
Learn more about agency here brainly.com/question/15733071
#SPJ4
5) Determine the Stakeholder and system requirements definition. 6) Show how Cognitive work analysis is applied to describe product requirements 7) System definition. 8) Show how ethical considerations and standards fit into your system. continuation for the mobile x ray machine assignment
Answers
The mobile X-ray machine assignment involves defining stakeholder and system requirements, applying cognitive work analysis for product requirements, system definition, and integrating ethical considerations and standards.
In the context of the assignment on the mobile X-ray machine, the following steps are outlined:
Stakeholder and system requirements definition: This step involves identifying the stakeholders who will be affected by the mobile X-ray machine and determining their specific requirements. Stakeholders may include patients, medical professionals, technicians, regulatory bodies, and administrators. The system requirements encompass the functional, performance, and operational characteristics needed to meet the stakeholders' needs and expectations.
Cognitive work analysis for product requirements: Cognitive work analysis is applied to understand the cognitive processes and activities involved in operating the mobile X-ray machine. This analysis helps in identifying the cognitive requirements such as decision-making, perception, attention, and workload management. These findings are then used to describe the specific product requirements that support efficient and effective cognitive work.
System definition: System definition involves outlining the overall structure and components of the mobile X-ray machine system. It includes the hardware, software, interfaces, data storage, communication capabilities, and user interfaces necessary for its functioning.
Ethical considerations and standards: Ethical considerations play a crucial role in the design and use of medical devices like the mobile X-ray machine. It is essential to adhere to ethical guidelines, privacy regulations, data security measures, and industry standards to ensure patient safety, confidentiality, and overall ethical practice. Integrating these considerations and standards into the system design helps to create a trustworthy and reliable mobile X-ray machine.
By following these steps, the stakeholders' requirements can be effectively defined, the cognitive aspects of the system can be addressed, and ethical considerations can be integrated into the design and operation of the mobile X-ray machine.
To know more about mobile x-ray units, visit:
brainly.com/question/13122409
#SPJ11
6. Which of the following describes a non-employee business? (1 point)
an architect who has only a part-time assistant
a small ice cream shop where only one person works at a time
a person who works from home for a larger company
a manicurist who works from her home or at clients houses
Answers
Answer:
a manicurist who works from her home or at clients’ houses
Explanation:
ETHICS AND CORPORATE SOCIAL RESPONSIBILITY FOR NETFLIX
How is the company socially responsible, provide examples where applicable if and if not?
Has there been any issues in the news regarding ethical or unethical behavior of employees of this company, including the CEO and management? Include narrative If the company has been recognized for exceptional ethics, diversity, or social responsibility (sustainability). Include reputable references to collaborate your narrative.
Answers
Netflix is committed to corporate social responsibility and has taken several initiatives to demonstrate their social responsibility. One example is their commitment to environmental sustainability.
Netflix has set a goal to achieve a net-zero carbon footprint by 2022 and has taken steps to reduce their greenhouse gas emissions.
They have also implemented energy-efficient practices in their data centers and have invested in renewable energy projects.
In terms of diversity and inclusion, Netflix has made efforts to promote representation and inclusivity both on-screen and off-screen. They have taken steps to increase diversity in their workforce and have created programs to support underrepresented communities in the entertainment industry.Regarding ethical behavior, Netflix has faced some controversies. One notable example is the decision to cancel the show "House of Cards" following allegations of sexual misconduct against its star, Kevin Spacey. This decision showed the company's commitment to addressing and taking action against unethical behavior.However, it is important to note that while Netflix has been recognized for its exceptional content and innovative business model, there are limited reputable references specifically highlighting their exceptional ethics, diversity, or social responsibility. Nonetheless, the company's commitment to environmental sustainability and their actions in response to ethical issues demonstrate their efforts towards being socially responsible.To know more about environmental sustainability visit:
https://brainly.com/question/21538467
#SPJ11
Any person or entity who knows, or should have known, of the presentation of a false or fraudulent claim to the government for payment or approval is subject to.
Answers
When a person make a fraudulent claim to the government for payment it is called: the False Claims Act.
What is False Claims Act?The False Claim Act is law that found a person who intentional makes a false claim against government agency guilty.
This law states that no person should make a false claim as any person or individual who makes a fraudulent claim so as to defraud the government or present a false claim will be subjected by the court of law if found guilty.
Inconclusion fraudulent claim to the government for payment or approval is subject to: the False Claims Act.
Learn more about False Claim Act here:https://brainly.com/question/25140391
Which type of skills can help you determine what your customers want?
A. Speaking skills
B. Writing skills
C. Listening skills
D. Math skills
Please select the best answer from the choices provided A B C D
Answers
Answer:
C. Listening skills
Explanation:
By listening to a customer, you can determine what they want.
Improving listening skills can help you better understand and help customers.
I hope this helps.
Answer: C edge 2021
Explanation:
ur a real one :)
Which statement about the Federal Reserve (the Fed) is true?
O Unless a person works there, the Fed has little impact on everyday life.
O The Fed determines the criteria banks must use to evaluate loan requests.
O The Fed sets monetary policy, which affects the interest rates banks offer.
O Because it is independent, the Fed reviews and approves the national budget.
Answers
A statement that is true on the Federal Reserve is that C. The Fed sets monetary policy, which affects the interest rates banks offer.
What does the Federal Reserve do ?The American central bank is known as the Federal Reserve System (FRS). It is conceivably the most potent financial organization in the entire globe and is sometimes referred to as "the Fed." It was established to give the nation a secure, adaptable, and stable financial and monetary system.
Its primary duties include controlling the money supply, establishing interest rates, and overseeing the financial system. In times of economic crisis, it also serves as a lender of last resort, as was shown during the financial crisis of 2008.
These powers of the Federal Reserve mean that it is the one which sets the monetary policy of the United States. This monetary policy will then affect the interest rates on loans, offered by banks.
Find out more on the federal reserve at https://brainly.com/question/1997750
#SPJ1