1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Nostrana [21]
2 years ago
6

For a college student who needs to buy an $80 textbook, the money she received from her parents for the purchase of school suppl

ies would be used as a:
Business
1 answer:
Ainat [17]2 years ago
3 0

The money she received from her parents for the purchase of school supplies would be used as a medium of exchange.

<h3>What is money?</h3>

Money is anything that is generally chosen and accepted by a community, as a medium of exchange and standard of value.

Characteristics of money are:

  • Medium of exchange
  • Store of value
  • Measure of value

Hence, the money she received from her parents for the purchase of school supplies would be used as a medium of exchange.

Learn more about money here: brainly.com/question/3182649

#SPJ1

You might be interested in
You have responsibility for economic policy in the country of Freedonia. Recently, the neighboring country of Sylvania has cut o
garik1379 [7]

Answer: C) Otto

Explanation: Unlike the general perception evidenced in the research, having inflation is not a negative event. In fact, enjoying constant and controlled price increases is a sign that the demand for households is good, which translates at the same time into a greater need for production which ultimately results in economic growth.

8 0
3 years ago
illustrate the process needed in the three economic sectors to have the final product being a teddy bear
Zina [86]
Which make easier the measurement of economic activity in the three ..... the strategy used by firms that have as many different product
3 0
3 years ago
A writer, an illustrator, a publisher and an agent would form a
PIT_PIT [208]

Answer:

B. Cross-functional team

Explanation:

7 0
3 years ago
Read 2 more answers
When faced with a business problem, Lauren, a young shoe store owner, discusses business problems with Kurt, the assistant manag
Stells [14]

Answer and Explanation:

D. evidence-based

3 0
3 years ago
Weekly demand for tennis balls at The Racquet Club is normally distributed , with a mean of 35 cases and a standard deviation of
RideAnS [48]

Answer:

a-The average weekly profit is $1767.31

b- The probability of having a weekly profit of more than 2000 is 0.1587 or 15.87%.

Explanation:

a

The weekly average profit for the simulation is given where first the values are simulated using R which is given as below:

x<-round(rnorm(n,m,s))

Here

  • round converts all the values of the simlation to integer.
  • rnorm is the command for simulation
  • n is the number of values which is 52 in this case
  • m is the mean of the values which is 35
  • s is the value of standard deviation which is 5 cases.

The values of x are as follows

[1] 36 49 30 29 34 36 32 28 32 29 32 27 40 32 30 37 43 30 42 30 31 34 36 38 28 29 32 42 36 35

[31] 37 41 34 39 37 46 34 44 45 41 41 29 36 38 35 32 36 39 30 38 40 27

Now using these values, the average of the simulation values is cacluated as follows:

mean(x)

35.3462

Now using this with the value of profit of $50 gives:

Average Profit=$50 x 35.3462

Average Profit=$1767.31

The average weekly profit is $1767.31

b-

First number of cases are required so that the value will be greater than 2000 it is given as

Number of cases=2000/50=40

So firstly the Z-score is calculated which is as below:

Z=\dfrac{x-\mu}{\sigma}\\Z=\dfrac{40-35}{5}\\Z=1

Now the probability is given as

P(X\geq 40)=P(Z\geq 1)\\P(X\geq 40)=1-P(Z< 1)

The value of P(Z<1) is calculated from the table which is given as

0.84134

So the equation becomes

P(X\geq 40)=1-P(Z< 1)\\P(X\geq 40)=1-0.8413\\P(X\geq 40)=0.1587

So the probability of having a weekly profit of more than 2000 is 0.1587 or 15.87%.

4 0
3 years ago
Other questions:
  • A company sells goods for $150,000 that cost $54,000 to manufacture. Which statement is true? a. The company will recognize sale
    11·1 answer
  • Eaton Tool Company has fixed costs of $340,400, sells its units for $80, and has variable costs of $43 per unit. a. Compute the
    12·1 answer
  • Describe the symbolism in the cartoon.<br> Explain what is the author’s message.
    15·1 answer
  • True of false: the best measure to use when comparing alternative investments is the amount of the dollar gain or loss.
    10·1 answer
  • Fred Flintlock wants to earn a total of 10% on his investments. He recently purchased shares of ABC stock at a price of $20 a sh
    5·1 answer
  • Liam manages his father's construction company. He is usually very lenient with his employees. He allows his employees to work f
    9·1 answer
  • Ayayai Corporation reported net cash provided by operating activities of $345,000, net cash used by investing activities of $145
    15·1 answer
  • FACTS: Your second client is a 42-year-old man. He graduated high school and then immediately started working for a lumberyard i
    6·1 answer
  • In the context of the strategies for reaching global markets, a(n) _____ is a firm that is offered the right to produce and mark
    8·1 answer
  • What is the effect of a government budget deficit on the real interest rate and investment? a government budget deficit _______
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!