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IrinaVladis [17]
3 years ago
8

The gas station on the edge of town has gas that is 30c/gallon cheaper than my local station. I buy 10 gallons of gas a week. As

sume that I value my time at $10 per hour and it takes me 1/2 hour to drive to and from the faraway station. For simplicity, assume the travel cost to the local station is zero miles and damage/depreciation of my car is trivial on the trip to the faraway station. Should I buy my gas at the faraway station
Business
1 answer:
Tems11 [23]3 years ago
3 0

Answer:

No

Explanation:

Because its better u save 0.3*10=3 dollars but I value my time for $5 for that half an hour and hence its better not to go considering opportunity cost.

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Being debt free within the next 15 years is an example of which goal
marishachu [46]
I agree with the person above - being debt free within the next 15 years in an example of a long-term goal.
A short-term goal would involve hours, days, or even months. But here, we're talking about years, at least 15 of them, which is a long time during which many things can change. So it is definitely a long-term goal, given that it won't expire any time soon.
4 0
2 years ago
Read 2 more answers
When John first starts his job, he rides the bus wherever he goes. However, after one year, John receives a promotion and a pay
bulgar [2K]

Answer:

<em>An inferior good</em>

<em></em>

Explanation:

<em>An inferior good is a good whose demand decreases with consumer's increase in income</em>. John's increase in pay, that came with his promotion, triggered John to switch to driving everywhere he goes instead of riding the bus. This is because John feels that riding the bus is no longer fit for him, now that he could readily afford driving around in the stead of taking the cheaper bus ride.

5 0
2 years ago
Suppose a country has government expenditures of $3,500, taxes of $2,200, consumption of $9,000, exports of $2,500, imports of $
TiliK225 [7]

Answer:

The correct option is C ,$15,300

Explanation:

GDP is a short form of Gross Domestic Product which is an indicator of total goods produced in an economy in a period of one year.

Using the expenditure method,GDP van be computed using the below formula:

GDP=C+I+G+(X-M)

C is the consumption in the economy which is $9000

I is the level of investment at $3,000

G is the government expenditure of $3,500

X is the export of $2,500

M is the import of $2,700

GDP=$9000+$3000+$3500+($2500-$2700)

GDP=$15,300

Hence the GDP is $15,300

8 0
3 years ago
On October 1, 2017 Bartley Corporation issued 5%, 10-year bonds with a face value of $8,000,000 at 103. Interest is paid on Octo
loris [4]

Answer and Explanation:

The journal entry to record the issuance of the bonds is shown below:

Cash Dr  ($8,000,000 × 1.03) $8,240,000

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        To Premium on bond payable $240,000

(Being issuance of the bond is recorded)

Here cash is debited as it increased the asset and credited the bond payable and the premium on bond payable as it increased the liabilities

Hence, the same is to be considered

6 0
2 years ago
You have taken over as the new manager of a department. The employees are interested in doing their work well and have potential
vazorg [7]

Based on the scenario, the group is definitely still in the Oriented stage of team development.

Orientation stage of team development is also called the Forming Stage because idea or policy are just getting introduced to the new or current employees.

The Orientation stage also entails the introduction of the current employees to new technologies, procedures and policies.

Therefore, the group described in the question is still in the orientation stage of team development.

Read more about orientation stage:

<em>brainly.com/question/14831726</em>

8 0
2 years ago
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