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Taya2010 [7]
3 years ago
15

John is an athlete. He has $120 to spend and wants to buy either a heart rate monitor or new running shoes. Both the heart rate

monitor and running shoes cost $120, so he can only buy one. This illustrates the principle that
Business
1 answer:
pshichka [43]3 years ago
8 0

Answer:

a scale of preference has to be drawn.

Explanation:

This is an economic concept where a choice is made between two or more items based on the order of importance.

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You are offered a chance to buy an asset for $7,250 that is expected to produce cash flows of $750 at the end of Year 1, $1,000
Amanda [17]

Answer:

6.14%

Explanation:

The rate of return for the date given in the question for the asset shall be determined through calculating Internal rate of return on this asset, which shall be calculated as  follows:

Year          Cash flow               Present [email protected]%     Present [email protected]%

0               ($7,250)                  ($7,250)                      ($7,250)

1                 $750                       $714.29                      $681.82

2                $1,000                    $907.03                     $826.45

3                $850                       $734.26                     $638.62

4                 $6,250                    $5,141.89                   $4,268.83

                                                   $247.7                       ($834.28)

IRR=A%+[a/(a-b)*(B%-A%)]

A%=5%, a=$247.7 B%=10%  b=(834.28)

IRR=5%+[247.7/(247.7+834.28)*(10%-5%)]

IRR=6.14%

4 0
3 years ago
If firms in a perfectly competitive market are incurring economic losses, then as time passes firms ________ and the market ____
Liula [17]

When companies in a competitive market are incurring a monetary loss, a number of the firms will go out of the market. As those corporations go out, the delivery decreases.

An aggressive marketplace is a term in economics that refers to a marketplace where there are a big amount of consumers and dealers and no unmarried consumer or dealer can affect the marketplace. competitive markets have no limitations to entry, lots of buyers and sellers, and homogeneous products.

The four popular forms of market systems consist of ideal opposition, oligopoly market, monopoly market, and monopolistic opposition.

A competitive market creates opposition amongst customers. which means one patron competes with another for an amazing or carrier, specifically for dwindled stock. for example, when it comes to buying tickets to a wearing event or music concert, customers often compete to buy high-quality seats.

Learn more about competitive market here: brainly.com/question/24781573

#SPJ4

6 0
2 years ago
Management is considering a bonus system to increase production. One suggestion is to pay a bonus on the highest 5% of productio
Marina CMI [18]

Answer:

4099

Explanation:

we have mean = 4000

σ = 60 units

lets make X  = weekly production

z = X-μ/σ

z = X-4000/60

At 0.05 level of signficance, z critical value = 1.645

we put this value into the equation

z = \frac{x-4000}{60} \\1.645 = \frac{x-4000}{60}

we cross multiply from here

60 * 1.645 = x - 4000

98.7 = x-4000

x = 4000 + 98.7

x = 4098.7

≈ 4099

the bonus would be paid on 4099 units

7 0
3 years ago
The quantity demanded of cereal increased from 1,350 to 1,700 when the price of milk decreased from $2.05 to $1.65. What is the
STALIN [3.7K]

Answer:

-1.33

Explanation:

Cross price elasticity of demand measures the responsiveness of quantity demanded of good A to changes in price of good B.

If cross price elasticity of demand is positive, it means that the goods are -substitute goods.

Substitute goods are goods that can be used in place of another good.

If the cross-price elasticity is negative, it means that the goods are complementary goods.

Complementary goods are goods that are consumed together

Cross Price elasticity of demand = percentage change in quantity demanded of good A / percentage change in price of good B

percentage change in quantity demanded of good = (1700/ 1350) - 1 = 0.259

percentage change in price = (1.65 / 2.05) - 1 = -0.195

0.259 / -0.195 = -1.33

7 0
3 years ago
Cynthia has been asked by her supervisor to give a presentation. The presentation will be a brief training for four new hires wh
valkas [14]

Cynthia has been asked by her supervisor to give a presentation. The presentation will be a brief training for four new hires who need to learn the : <u>Yes, because Cynthia will be able to use text, images, and media to help explain the company's safety protocols.</u>

<u></u>

Ask yourself what the presentation is all about, its title and its goal. Think about who your audience is. Figure out what your main message is. Think about the structure of the presentation: the opening, the main part and the summary.

There are two basic types of presentation (or oral reports) that you will likely be called upon to deliver during your educational career and beyond — informative presentations and persuasive presentations.If you have effective presentation skills, this means you are good at communicating. By speaking clearly, and getting your ideas and message across to people well, there will be less miscommunication in your life.

learn more about presentation here

brainly.com/question/24653274

#SPJ1

8 0
2 years ago
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