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3 years ago

Select the benefits of monitoring goal progress.

Business

2 answers:

kobusy [5.1K]3 years ago

8 0

Keeps you on track or gives you feedback.

yaroslaw [1]3 years ago

3 0

Answer:

The correct answer is: all of the above.

Explanation:

Monitoring progress is helpful to find out at what point of the path we are in order to achieve a goal. In case everything is not going on as planned, it is useful as feedback so we can look up the points where we are failing to improve the situation. Besides, it measures in terms of time how long we are taking to reach our objective which allows us to keep us on track on the steps we have to follow. Monitoring progress also creates a sense of responsibility since it is a gauge that proves the achievement we want to get was taken seriously by us by constantly analyzing what we are doing for it.

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Which best explains how the law of demand affects consumers?

yuradex [85]

It helps tell producers when a price is too high

6 0

3 years ago

Suppose the price of a bag of tortilla chips decreases from $3.00 to $2.50 and, as a result, the quantity of tortilla chips dema

Tresset [83]

Answer:

2.20

Explanation:

The Price elasticity will be:

Δdemand/ΔPrice

<u>The mid point is used to calculate the increases.</u>

Δdemand = ΔQ/midpointQ

(Q2+Q1)/2 = mid point quantity = (300+ 200)/2 = 250

ΔQ = 300-200 = 100

Δdemand = 100/250 = 0.4

<u>Same procedure is applied with the Price numbers:</u>

Δprice = ΔP/midpointP

(P2+P1)/2 = mid point price = (3+ 2.5)/2 = 2.75

ΔP = 2.5-3 = 0.5

Δprice = 0.5 / 2.75 = 0.181818

FInally we calculate the price elasticity:

Δdemand/ΔPrice

0.4/0.1818181818 = 2.2

4 0

3 years ago

Investment X offers to pay you $4,020 per year for 12 years, whereas Investment Y offers to pay you $2,041 per year for 7 years.

inna [77]

Answer:

$16,481.68

Explanation:

Note that the present value of each yearly cash inflow can be determined using the formula provided below:

PV of cash inflow=cash inflow/(1+discount rate)^n

n is the year in which the cash inflow is expected, it is 1 for year 1 cash inflow, 2 for year 2 and so on.

PV of Investment X=$4,020/(1+11%)^1+$4,020/(1+11%)^2+$4,020/(1+11%)^3+$4,020/(1+11%)^4+$4,020/(1+11%)^5+$4,020/(1+11%)^6+$4,020/(1+11%)^7+$4,020/(1+11%)^8+$4,020/(1+11%)^9+$4,020/(1+11%)^10+$4,020/(1+11%)^11+$4,020/(1+11%)^12

PV of investment X=$26,099.27

PV of investment Y=$2,041/(1+11%)^1+$2,041/(1+11%)^2+$2,041/(1+11%)^3+$2,041/(1+11%)^4+$2,041/(1+11%)^5+$2,041/(1+11%)^6+$2,041/(1+11%)^7

PV of investment Y=$9,617.59

the difference in PV=$26,099.27-$9,617.59

the difference in PV=$16,481.68

5 0

3 years ago

Comparative advantage is Question 13 options: the ability to produce all goods at lower costs than anyone else can. the ability

svet-max [94.6K]

Answer: the ability to produce a good at a lower opportunity cost than other producers

Explanation: In other to clearly understand or grasp the definition or meaning of comparative advantage, the term opportunity cost should be understood. Opportunity cost simply means the benefit which one forfeits or losses when one chooses a certain option over the other. Comparative advantage is possessed by a certain seller or economy who is capable of selling his goods at a lower opportunity cost than its competitors. Thus, the comparative advantages weighs the size or amount of benefit forfeited or lost by sellers as a result of selling at a lower price. Thus the lower the opportunity cost, the better the comparative advantage.

4 0

3 years ago

................................................................................................................................

Goryan [66]

Answer:

yuh :)

Explanation:

7 0

3 years ago