Explanation:
Option A: This is invalid because, the trainer role might suit Dylan but the department of "sports" does not suit because, he is an expert in "music" only.
Option B: This is the right answer because, he is good at music which belongs to arts and has learnt about business administration which is essential for the role of "Vice Principal".
Option C: Day care is no way related to Dylan's profile.
Option D: The role of behavioral therapist does not match with the skill sets of Dylan. Hence this choice is invalid.
Which sentences in the passage demonstrate the fulfillment of the legal responsibilities of a financial exchange?
Anne is a manager in a financial exchange. She holds the customer responsible for ensuring the safety of their money stored in the organization. She issues an account statement annually that lists all the transactions made through a customer’s account that year. She allows customers to withdraw money only if the institution has sufficient cash reserves during the day. She provides details to customers regarding the money deposited in their accounts. However, she avoids sharing information with the customers about the amount withdrawn from their accounts over a period
The following statements fulfill the criteria.
Explanation:
- She issues an account statement annually that lists all the transactions made through a customer’s account that year.
This is her responsibility to keep a record of the transactions and make them available.
-She allows customers to withdraw money only if the institution has sufficient cash reserves during the day.
This is also following standard policy of the company
-She provides details to customers regarding the money deposited in their accounts.
This is also in terms with the privacy policy of most firms for consumers to have this information.
Select the correct answer. David was planning the launch of a waste-treatment facility in the suburbs. He had already lined up the machinery that he would need to buy for his factory. Under which factor of production would David classify the cost of his machinery? A. land B. labor C. capital D. entrepreneurship
Answer:
Under which factor of production would David classify the cost of his machinery?
C. capital
Explanation:
Factors of production can be defined as all the things that are needed to produce goods and services. They are generally referred to as inputs needed to create desired output. The factors of production include; land, labor, capital and entrepreneurship.
1. Land as a factor of production
Land as a factor of production is a broad perspective that can be divided into three main groups, namely; agricultural land that can be prepared to grow crops, land as a resource for developing real estate and also land that has natural raw materials that can be extracted and utilized for economic consumption.
2. Labor as a factor of production
Labor is the natural effort by an individual to bring a product into the market. It can take many forms, namely; a farmer who works on his/her land to grow crops that are then sold in a market or even a waitress offering her services at a hotel.
3. Capital as a factor of production
Capital in the literal sense refers to money as a factor of production, however the money itself only serves as a means by which other factors of production can be acquired for production. Capital can therefor be considered as the purchased good or service needed for production. It means that machinery and equipment can be considered as capital.
4. Entrepreneurship
This involves the use of all other factors of production to create one product or service for commercial purposes.
computers have elastic demand and pharmaceutical have inelastic demand if the supply of both changes then whose price will increase more
Answer:
If the supply of both changes, the computer price will increase more since it has an elastic demand.
Explanation:
Price elasticity of demand can be defined as a measure of how much the demand of a good or service changes with a corresponding change in price. It tries to estimate how much the consumers respond in terms of demand when the price of a good or service changes. The formula for determining the price elasticity of demand is as follows;
E=%D/%P
where;
E=price elasticity of demand
%D=percentage change in the demand which is given as;
%D={(final demand-initial demand)/initial demand}×100
%P=percentage change in price which is given as;
%P={(final price-initial price)/initial price}×100
The measure for the price elasticity of demand is absolute. A good or service can either be elastic or inelastic. A good that is elastic is one whose price elasticity of demand is greater than 1 which means that it's demand is highly responsive to changes in price. On the other hand, a good that is inelastic is one whose price elasticity of demand is less than 1 means that the changes in price do not affect it's demand.
Chuy wants to buy a new television. The television costs $1,350. Chuy decides to save the same amount of money each
week, for 27 weeks. After 8 weeks Chuy saved $440. Which of the following conclusions can you make about Chuy's plan?
Answer: we can conclude Chuy plans to save $55 a week
Explanation:
Chuy saves $55 per week and after 8 weeks has saved $440. If Chuy continues to save at this rate for the remaining 19 weeks, he will surpass his goal of $1,350, indicating his plan is successful.
Chuy plans to save the same amount of money each week for 27 weeks to purchase a new television that costs $1,350. After 8 weeks, Chuy has saved $440. To determine the feasibility of Chuy's savings plan, we need to calculate the weekly savings amount and then project if saving this same amount for the remaining 19 weeks will allow Chuy to reach the goal of $1,350.
To find the weekly saving amount, we divide the current savings by the number of weeks: $440 / 8 weeks = $55 per week. Then, we multiply the weekly saving rate by the total number of weeks Chuy plans to save: $55 per week x 27 weeks = $1,485. This means that if Chuy continues to save at this rate, he will have saved enough money to buy the television with some extra savings left over.
Complete these sentences to describe categories of budget expenditure items.
A fixed expense is one for which the amount is_____
, and it should be considered _____ other expenses.
A variable expense is one for which the amount is______
and it should be considered_____fixed
expenses.
Discretionary spending is the most _____ budget item and the easiest to change.
other expenses.
fixed
Answer:
Known before
Estimated after
Variable
Explanation:
A fixed expense is an expenditure that does not change, while a variable expense is one that can fluctuate. Discretionary spending is the most flexible budget item and can be easily adjusted.
Explanation:A fixed expense is one for which the amount does not change, and it should be considered above other expenses. For example, rent for a factory or a retail space is a fixed expense because the amount remains the same regardless of production levels.
A variable expense is one for which the amount can change and it should be considered with fixed expenses. An example of a variable expense is the cost of raw materials, which can fluctuate depending on the quantity needed.
Discretionary spending is the most flexible budget item and the easiest to change compared to other expenses. It includes expenses like entertainment, dining out, or vacations, which are not essential and can be adjusted based on available funds.
Which of the following is a potential danger of offering common stock to investors
Answer:
The common stock does not allow the entrepreneur to raise enough money.
Explanation:
Common stock is the kind or type of the equity share which is issued by the entity or a corporation. The buyers of the common stock are known as the shareholders.
The common stock owners have no guarantees, but to accept the risk in exchange for the potential or higher gains rather than the safer investments. Though the liability of the shareholder is limited to the price paid for the common stock. It is considered to be a high risk investment.
So, the danger of offering the common stock is that it will not allow the business to raise adequate money.
Which ranks careers based on their percentage of self-employment from lowest to highest?
Real Estate Manager → Cosmetologist → Pedicurist → Child Care Worker
Child Care Worker → Pedicurist → Cosmetologist → Real Estate Manager
Pedicurist → Child Care Worker → Cosmetologist → Real Estate Manager
o Cosmetologist → Pedicurist → Real Estate Manager → Child Care Workers
Answer:
The correct answer is A
Explanation:
Self employment is the term which is described as the employment of the workers, employers who work for themselves, unpaid family workers and the members of the cooperative producers.
The ranks of career is grounded on the % of the self employment, which is lowest is the real estate manager, then the cosmetologist, further followed by pedicurist and the highest is the child care worker.
The correct answer is C) Pedicurist → Child Care Worker → Cosmetologist → Real Estate Manager.
That is the correct rank from the lowest to the highest.
Self-Employment is a good option when the job market is down and is difficult to find work opportunities in the corporate world. More people are preferring to learn and activity instead to spend too much money and getting a huge debt in college. Many consider themselves as entrepreneurs and decide to go by themselves to open a business. The number one profession for self.employment is Real State Managers.
Match the role with the correct example of someone playing that role.
Worker
Car owner
Producer
Factory owner
Consumer
Auto mechanic
Answer:
Role Example
Worker → Auto mechanicConsumer → Car ownerProducer → Factory ownerExplanation:
Three types of economic roles are consumers, producers, and workers.
The role of the consumer is to buy the goods and services. The sum of the consumptions of a good or a services constitute the demand of the product. Thus, the consumer purchases and use the products, which is a car owner does.
The role of the producer is to produce the good and services. The sum of the quantities produced of a good or service by the different producer of a same product constitute the supply of the product. Thus, the producer posseses the assets to make the products available, which is what a factory owner represents.
The worker puts the labor. The workers are an essential part of an economy too, such as the consumers and the producers, because they make the goods or service by their own work. The auto mechanic, who works fixing cars, is an example of a person playing the role of worker.
Answer:
Other answers was correct
Explanation:
Type the correct answer in the box. Spell all words correctly. Fabian worked at a computer hardware manufacturing factory. He noticed that the cost of production had increased over the past couple of months, even though the production output was the same. He found that the increase in costs was due to the expense of using up inventory. How can Fabian minimize these costs? Fabian can calculate the to find the optimum amount of inventory required for production, which will help him minimize excess costs.
Answer:
As he has the aability and the resources to find out the optimum requirement of inventory, he must turn toward a lean manufacturing process where the wattage is minimum and try to implement a Just In Time inventory system that uses a minimum inventory level and use parts and inventory as they are needed during the production, without storing them.
However, to do this he must first negotiate with the suppliers and build a strong and sustainable communication channels and see if the suppliers can do this in time as he needs it.
Explanation:
Answer: quantity
~ Plato users
What will you do to run a presentation from a computer on which you did not prepare the presentation, and how?
and use a
If you want to run the presentation from another computer, you need to copy it to a
to upload the presentation to the laptop.
Successfully run a presentation from a computer bye these steps.
Obtain the Presentation File:Transfer the Presentation File:Ensure Software Compatibility:Open and Run the Presentation:To run a presentation from another computer where you did not prepare the presentation, follow these steps:
1. Obtain the Presentation File.
- Copy the presentation file from its original source, such as a USB drive, email attachment, or cloud storage or Dropbox.
2. Transfer the Presentation File.
- Transfer the copied presentation file to the computer from which you intend to run the presentation. You can do this by copying the file to the desktop, a specific folder, or any preferred location on the new computer.
3. Ensure Software Compatibility.
- Make sure the computer where you plan to run the presentation has the appropriate software installed to open and display the presentation file. For example, if it's a PowerPoint presentation, ensure Microsoft PowerPoint or an alternative capable software is installed.
4. Open and Run the Presentation.
- Locate the presentation file on the new computer.
- Double-click on the presentation file to open it with the installed software e.g., PowerPoint.
- Navigate through the slides and run the presentation as needed.
Defining Work
Practice Active
While Rosa is taking classes at the local community college to earn her degree in landscaping, she works part-time as a florist's
assistant. This part-time work is an example of
a a career
b. telecommuting
c. a job
d. outsourcing
Please select the best answer from the choices provided
Answer:
Defining Work Practice Active While Rosa is taking classes at the local community college to earn her degree in landscaping, she works part-time as a florist's assistant. This part-time work is an example of a job
Explanation:
A part-time work taken by Rosa while in school is more or less like a job rather than a career as it is not in line with her course of study in school.
Which of the following is an ethical issue in marketing information
management?
A. How to store customers' information securely
O
B. What to set the price of a product
O
c. Where to set up the business
O
D. Whether to set up an online storefront
How to store customers' information securely is an ethical issue in marketing information management. Thus, option A is correct.
What is marketing information?Marketing information maintenance can be termed as the data fats as well as figures that are being taken and considered in the field as an important factor as this often tells them the preference and buying and selling pattern of the consumer.
A person's right to their privacy is however recognized due to the fact that this area is their own and should not be troubled by or violated by others. The individual chooses with whom they want to share this information.
All the information is a private data of a consumer and this is an ethical issue as they need the data but need to draw a line in this usage of the data. Therefore, option A is the correct option.
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The fundamental ethical concern in marketing information management is the responsible handling of customers' personal information and data privacy.
The ethical issue in marketing information management is:
**A. How to store customers' information securely**
Here's an explanation of why this is an ethical issue:
Customers trust businesses to safeguard their sensitive information, such as names, addresses, contact details, and payment information.
Therefore, it is an ethical imperative for businesses to store this information securely and protect it from unauthorized access, data breaches, or misuse.
Failure to prioritize data security and protect customers' information can lead to severe consequences, including loss of trust, legal liabilities, and damage to a company's reputation.
Ethical principles, such as respect for individuals' privacy and data rights, guide businesses in making responsible decisions regarding how customer information is collected, stored, and used.
The other options mentioned (B, C, and D) are not ethical issues in marketing information management:
- **B. What to set the price of a product:** Pricing decisions are primarily strategic and economic considerations, not ethical issues.
However, price manipulation or price-fixing that harms consumers could raise ethical concerns.
- **C. Where to set up the business:** Location decisions are typically based on factors such as market demand, cost, and accessibility.
While some location-related decisions may involve ethical considerations (e.g., avoiding environmentally sensitive areas), the location itself is not a marketing information management issue.
- **D. Whether to set up an online storefront:** The decision to establish an online storefront is a business strategy and operational choice, not an ethical issue.
However, ethical considerations may arise in online business practices, such as truthful product descriptions and protecting customer data online.
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The use of peer ratings within work groups will most likely
Answer:
The use of peer ratings within work groups will most likely cause healthy competition among peers as well as improving their performance. Peer rating helps to push every individual to their best and this helps the organization increase in all ramifications as well as maximize profit.
Explanation:
Answer:
Explanation:
It will most likely cause demoralization towards work.
Eve runs a small business. She runs her business operations from a rented office. Eve has paid the office rent worth $10,000 for the next four months in advance. Under which component of her business’s balance sheet would this amount fall?
A.
current assets
B.
fixed assets
C.
current liabilities
D.
long-term liabilities
E.
owners’ equity
Answer:
C. Current liabilities
Explanation:
Answer:
fixed assets
Explanation:
B
Which type of account do businesses use to record their financial transactions?
A __________account, also called a T-shaped account, is a format in which businesses record their financial transactions.
Answer:
The answer is LEGDER Account.
Explanation:
it is called a T account because it has two sides, Credit side and Debit side. Depending on the type of the account such as Asset, Expenses, Liabilities, Income or Equity, the records are entered. Whether they increase or decrease.
Asset, Expenses when incresed they are debited and decreased theya re credited.
Liabilities, Income or Equity are debited when they decrease and credited when they are increased.
Answer:
Ledger account
Explanation:
This is wher epoeple record their transactions financially
Cups of coffee of milk tea are substitutes. assume both have in elastic demand. Suppose exceptionally good weather increases the harvest of the coffee bean crop
Exceptionally good weather increases coffee supply, possibly decreasing price; milk tea demand remains relatively unaffected due to inelasticity.
If exceptionally good weather increases the harvest of the coffee bean crop, it will likely lead to a higher supply of coffee beans in the market. With an inelastic demand for coffee, consumers will continue to purchase coffee even if the price decreases due to the increased supply. However, the increase in supply might not lead to a significant decrease in price due to the inelastic nature of demand.As coffee and milk tea are substitutes, an increase in the supply of coffee beans could have an indirect effect on the market for milk tea. When the price of coffee decreases due to the increased supply, some consumers may switch from drinking milk tea to coffee because it has become relatively cheaper. This could potentially decrease the demand for milk tea.However, since milk tea also has an inelastic demand, the decrease in demand may not be substantial. Some consumers may still prefer milk tea despite the relative price decrease of coffee. Additionally, other factors such as taste preferences, habit, and availability of milk tea options may also influence consumer choices. Overall, while an increase in the harvest of coffee beans due to exceptionally good weather may lead to a decrease in the price of coffee and potentially a slight decrease in the demand for milk tea as some consumers switch to coffee, the overall impact on the market for milk tea may not be significant due to its inelastic demand. Consumers who have a strong preference for milk tea may continue to purchase it despite changes in the price of coffee.
What should you do in order to view table tools such as the Design and Layout tabs?
Put the insertion point in the document just after the table.
Put the insertion point in the table so you are actively in the table.
Put the insertion point in the document just before the table.
Put the insertion point at the very beginning of the document.
Answer:
Put the insertion point in the table so you are actively in the table.
Explanation:
When it comes to using the "Microsoft Publisher," it is very important to know what elements are under each tab. For example, under the Table Tools tab, you'll be able to see the "Design" and "Layout" tabs.
The "Design tab" will allow you to make your table or edit it (including its borders). It will also allow you to format your table regarding its cells and arrangement. The "Layout tab" will provide you a selection of tools that you will be needing in order to arrange the rows and columns, delete or merge cells, control the alignment of cell margins, etc.
So, in order to view table tools, it is essential that you put your insertion point (the blinking vertical line that you see in your document) in the table so you are actively in the table. The insertion point will direct you to where you are going to actively work.
Barney bought a small retail business a month ago. He plans to advertise it with the help of billboards and flyers to attract customers. Which type of expense would Barney’s business incur in the form of advertising?
A.
non-operating expense
B.
selling expense
C.
administration expense
D.
logistic expense
E.
production expense
Final answer:
Advertising expenses incurred by Barney's business for billboards and flyers are classified as selling expenses, and these are generally considered fixed costs as they do not vary with the number of sales or output.
Explanation:
Barney's decision to use billboards and flyers for advertising his small retail business results in certain types of expenses for his company. These costs, in particular, are classified as selling expenses since they are directly associated with the efforts to promote and sell products and services. In general accounting practices, advertising expenses are often seen as fixed costs because they do not typically vary with the number of sales or level of output of the business. Option B
In Barney's case, whether he attracts ten customers or a hundred, the cost of renting billboard space or printing flyers will remain the same, hence it is a fixed cost. Furthermore, advertising costs help in generating revenue by increasing brand awareness and customer attraction. Their role is integral in the selling process and is directly tied to the facilitation of sales.
How motivation, stress and time Management can influence workplace dynamics
Answer:
See explanation
Explanation:
Motivation is an essential thing in any organization. Motivation can seriously affect an employee's work motive. If a manager motivates his or her employees positively, it will be an increase in the productivity level. Nowadays, every organization offers its employees a motivational training every month or quarterly to increase employee productivity. Incentives and bonuses are the key motivators.
Heavy workload is the underlying reason for stress that influences workplace dynamics. If there is work-related stress, employee turnover will be increased. Experienced employees will be moved to other places.
Time management is one of the most potent work dynamics for any employee and organization. As an organization sets a specific time for each employee to produce a specific amount of products, it will profoundly influence employees' performance. Therefore, an organization can motivate its employees by giving a specific commission with the help of setting time management. It will create stress and influence workplace dynamics.
Answer:
Motivation o
Explanation:
Select the correct answer. Benjamin manages the inventory at a textile company. He learns that the vendor has notified the company about the price of color dyes increasing substantially beginning the next month. What best practice should Benjamin follow to avoid buying the supplies at a higher price? A. purchase color dyes in smaller amounts, as and when required B. purchase and stock color dyes in the current month C. reduce costs on other materials to free up funds D. increase the price of the final product whenever the input increases
Answer:
Benjamin manages the inventory at a textile company. He learns that the vendor has notified the company about the price of color dyes increasing substantially beginning the next month. What best practice should Benjamin follow to avoid buying the supplies at a higher price?
Benjamin should purchase and stock color dyes in the current month in order not to buy at a higher price the following month.
Explanation:
As an experienced inventory manager, Benjamin must as a matter of fact take advantage of such notification given to him by the vendor by purchasing and stock color dyes in the current month so that the company would avoid not to buy at a higher price in the next month. This rare available opportunity presents to the company would enable the company to make more profit because they would buy at a lesser price in the current month and sell at a higher price the next month when the price of dyes shoots up from the original price.
Answer:
The moot suitable answer is B. purchase and stock color dyes in the current month
Explanation:
As the vendor has informed of the price increase in advance, the best thing to do will be to estimate the required number of dyes and then purchasing a reasonable quantity in advance during this month.
Increasing the price of the final product might have a negative effect on sales and buying in small amounts may increase the overall purchasing costs.
How might a trade deal that allows two nations to freely exchange goods affect the circular flow of income? Neither country is likely to experience a change in its economy. One country is more likely than the other to see its economy expand. The economies of both countries will likely grow due to an income increase. The economies of both countries will likely slow down due to an income decrease.
THE ANSWER IS C!!!
The economies of both countries will likely grow due to an income increase.
Answer: Option C.
Explanation:
Global exchange known as international trade is the trading of capital, products, and administrations across worldwide fringes or regions. At the point when exchange happens between at least two countries factors like cash, government strategies, economy, legal framework, laws, and markets impact exchange.
Exchanging universally offers shoppers and nations the chance to be presented to merchandise and ventures not accessible in their own nations, or which would be progressively costly locally.
Answer:
I agree C
Explanation:
Select the correct answer from each drop-down menu. What classifications are possible for a company’s activities based on Porter’s value chain model? Based on Porter’s value chain model, a company’s activities can be classified as , which helps companies gain a competitive advantage, or , which acts as a barrier to success.
Based on Porter's value chain model,a company's activities can be classified as which helps companies gain a competitive advantage.
Answer: correct answer is (a)
Explanation:
Porter value chain model really help a company in gaining competitive advantage by adopting new methods and technologies in performing the task.It enables an organisation to find out those activities which are very important and those activities can be given proper attention.
Porter value chain is actually dividing the activities on the basis of priority.Focus is lead on those tasks which are very important and efforts are made to improve them as much as possible.
Porter value chain has divided the activities into two broad categories that is primary activities and secondary activities.
Primary activities are those which are of utmost importance like receiving,warehousing and inventory control of raw materials,converting raw material into finished goods,distribution of finished goods,marketing and sales.
Secondary activities include procurement,infrastructure,technological development.These activities support the primary activities.
Answer:
useful and wasteful
Explanation:
Based on what you learned in The Power of the Informal Economy video, what is the informal economy and how many people in the world's economy work in "System D"? Do you see evidence of an informal economy in the United States? Why or why not?
Answer:
1.8 billion people are employed in System D.
Explanation:
System D is a large informal economy. It is an open economic arena where everything is available. Though it is very large, it doesn’t include two-thirds of the workers in the world. The people who are a part of System D are about 1.8 billion people in the world. The economy is worth $10 trillion per year.
In informal economy varied set of economic activities happen. The enterprises, jobs and workers are not regulated or protected by the state. It is basically mean self-employment in small enterprises.
Yes, United States has an informal economy. Government does not tax or monitor the black market and market of illegal drugs.
Which is bigger, in size? 300oz/900g OR 3.5lb
Answer:
Explanation:
3.5lb
Answer:
3.5lb
Explanation:
An ounce is the smallest unit for measuring weight
Which two of the following are benefits of consumer programs?
Answer:
1) They help prosecute companies that sell unsafe products to consumers.
THIS ONE IS WRONG!!! ''They help consumers identify the best product reviews from various sources.''
Explanation:
Edmentum users.
Summarize the different levels of organization involvement in international trade
Answer:
Here are several organization involvements that exist in international trades but might not exist in domestic trade:
- Import/export
- Countertrade Agreement
- Foreign Direct investment
- Multinational marketing strategy
Explanation:
- Import/export
To put it simply, Import is the act of acquiring goods from another country to your country. Export is the act of sending goods from your country to another country,
- Countertrade Agreement
This consist of tradge agreements that created by the government between different countries.
Most countries will impose tariff or quota to the foreign goods that come into their country. This will increase the price of the foreign goods when they entered the local markets. Tariff and quota are made to protect local businesses from foreign businesses.
- Global outsourcing
This happens when a company give their job to the people from another country.
Most commonly, this is conducted by companies from a richer countries. Outsourcing their jobs to a poorer country tend to cut down the labor cost. They can send the product output back to their original country and sell it with higher price/.
- Multinational marketing strategy
This marketing strategy considers the different cultures / taste that exist in foreign market. They will cater their strategy to suit the taste of foreign customers and improve their brand favorability.
Which type of utility can only be added by the marker of the product
Which type of utility can only be added by the maker of the product? A. Place utility B. Possession utility C. Form utility D. Time utility
Answer:
Form utility can only be added by the maker of the product.
C. Form utility
Explanation:
Form utility includes preparing an item for utilization by changing over it to a structure that is more useful to customers than the crude materials used to make it. Form utility is the worth a purchaser finds in a completed item. Shoppers buy things, for example, furniture, gadgets or vehicles to a limited extent in light of the fact that the buyer is unequipped for finding and assembling all the parts to make the item.
Therefore selling a Latte as opposed to selling the material expected to make a latte is one case of a structure utility. There are four kinds of utility: structure, spot, time and ownership; together, they help to make consumer loyalty.
The type of utility that can only be added by the maker of the product is known as "Form Utility." This refers to the process of converting raw materials into finished products that are more valuable and useful to consumers.
Form utility refers to the value added to a product or service by changing its physical or conceptual form in a way that makes it more useful or desirable to customers. This can involve designing, assembling, or transforming raw materials into finished goods. Examples include manufacturing, packaging, and customization.
Form utility can only be added by the maker of the product because it requires direct control over the production process and the physical attributes of the product. Other types of utility, such as time utility (making products available when customers need them), place utility (making products available where customers need them), and possession utility (helping customers take ownership of products), can involve various parties along the supply chain, including distributors, retailers, and customers themselves.
In contrast, form utility is directly tied to the production process and the design decisions made by the product's creator or manufacturer. They determine how the product is made, what materials are used, and how it is shaped or structured to meet customers' needs and preferences. As a result, form utility is unique in that it requires the involvement of the product's maker to create and enhance the value of the product.
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The complete Question is,
Which type of utility can only be added by the maker of the product? A. Place utility B. Possession utility C. Form utility D. Time utility
What is the difference between public goods and services and private goods and services?
Answer: 1-Public goods are those which are free to use and therefore there is no cost involved in usage of such products whereas for private product one has to pay in order to use them. 2-Examples of public goods are air, roads, street lights and so on whereas examples of private goods are cars, cloths, furniture and so on.
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Which terms describe an account that does not have sufficient funds to cover all the charges made to it ?
Answer:
Which terms describe an account that does not have sufficient funds to cover all the charges made to it?
It is called insufficient or low balance
Explanation:
When an account is unable to cover all charges made to it, it is said to be insufficient or low balance.
Find the amount of interest earned by a deposit of $2450 for 6.5 years at 5.25% compounded
monthly.
Answer:
$3443.86
Explanation:
a=p(1+r/n)^nt
a=2450(1+.0525/12)^12*6.5
3443.86
The amount of interest earned by the deposit is $780.74.
Explanation:To find the amount of interest earned by a deposit, we can use the formula for compound interest:
Amount = Principal (1 + [rate/n])^(n×t)
Where:
Principal = $2450Rate = 5.25%Compounded monthly, so n = 12Time = 6.5 years, so t = 6.5Plugging in the values, we get:
Amount = 2450(1 + 0.0525/12)^(12×6.5)
Solving this equation, we find that the amount after 6.5 years is approximately $3230.74.
To find the interest earned, we subtract the principal amount:
Interest = Amount - Principal = $3230.74 - $2450 = $780.74
Therefore, the amount of interest earned by the deposit is $780.74.
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