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3 years ago

Which statement is correct?

1 answer:

4 0

Answer: (C) The production of non durable consumer goods is more stable than the production of durable consumer goods over the business cycle.

Explanation:

The consumer durability of the goods has the significant life span and the production of the non durable goods of the consumer are basically purchased for the immediate consumption over the business cycle so that is why it is more stable as compared to the production of the durable goods.

The example of the durable consumer goods are smartphones, furniture and the other household appliances. On the other hand, the non durable consumer goods are more stable as it contain daily use material like food, clothes and beverages.

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The present value of a single sum is: Select one: A. The amount that would be paid today to receive a single amount at a specifi

Marina86 [1]

Answer:

The correct answer is letter "A": The amount that would be paid today to receive a single amount at a specified date in the future.

Explanation:

The present value (PV) of a single sum tells us how much a future sum of money is worth today given a specified rate of return. This is an important financial concept based on the principle that money received in a specific time in the future is not worth as much as an equal sum received today.

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2 years ago

Q 8.3: When would a credit card holder be entitled to lower interest charges? A : When the card company calculates finance charg

Yanka [14]

Answer: Option C

Explanation: The given question relates to the concept of time value of money which in simple words states that the value of money decreases over time. The value of a dollar today will be less than tomorrow.

Hence if a card holder gets grace period to pay the interest before the interest accrues than it means he actually gets to pay lower interest that he could have paid before.

Hence from the above we can conclude that the correct option is C.

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3 years ago

Which type of portfolio might a young investor who is not afraid of risk choose?

Naddik [55]

The type of portfolio that the young investor who is not afraid of risk choose is the portfolio with a high percentage of stocks. Stocks are able to return higher compared to others and this makes it give a high risk because of its performance of providing losses or either profit. The answer is letter D.

7 0

3 years ago

Read 2 more answers

A change in quantity demanded is caused only by

romanna [79]

Answer:

A change in quantity demanded is caused only by

A) price

B) a shift

C) Market

D) Income

The answer is Price(A)

Explanation:

Hope this helps :D

3 0

2 years ago

Read 2 more answers

Taylor is a procurement specialist for Hillside Corporation. He is reviewing contracts, and notices a pattern between three part

aleksandr82 [10.1K]

Answer:

Explanation:

Bid rotation is when contractors collude and take turns in winning a bid. Colluding contractors submit bids but take turns being the low bidder.

Bid-tailoring is when an employee in collusion with a contractor tailors bid specifications to give an unfair advantage to a certain contractor.

Complementary bids are bids intended only to give the appearance of a genuine bid. Colluding bidders submit higher priced or deliberately defective bids to in order to ensure the selection of the designated winner at inflated prices.

Phantom bids are fake bids

7 0

3 years ago