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4 years ago

When a local walmart is open 7 days a week, 24 hours a day, which form of utility is it providing to customers?

1 answer:

6 0

Answer: TIME UTILITY

When a local Walmart is open 7 days a week, 24 hours a day, it is providing the customers with time utility. Economic utility includes Form utility, Time utility, Place utility and Possession utility. Time utility refers to the availability of products when the customer needs them. In this utility, the company chooses the hours and days when products and services are available to the customers according to the needs of the customers.

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"A representative is hosting 20 wealthy guests at a dinner seminar at a Michelin star-rated restaurant, and when coffee and dess

Drupady [299]

Answer:

Public appearance.

Explanation:

In this scenario, a representative is hosting 20 wealthy guests at a dinner seminar at a Michelin star-rated restaurant, and when coffee and dessert are being served, she intends to give a small talk about the potential benefits of investing in hedge funds. This is defined by FINRA as public appearance.

According to Financial Industry Regulatory Authority (FINRA), a public appearance can be defined as an unscripted, spontaneous live presentation to a group of people comprising of potential investors. A public appearance do not require a principal approval and are not bonded by the FINRA rules and regulations.

8 0

3 years ago

If interest rate on 1-year unsecured loan is 4.5%p.a. The inflation rate is 3.2% this year. What is the real interest rate?

Alexeev081 [22]

Explanation:

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8 0

3 years ago

Suppose that when good J is free, buyers will demand 100 units of it, but the quantity demanded falls by 5 units for every $2 in

Bond [772]

Answer:

$16

Explanation:

At $0, demand is 100units.

but for every $2 increase, there is a 5 unit decrease.

When the demand is fixed at 60 units, let price of good J be x

Firstly, we calculate the difference between 100 units and 60 units

we have, 100 - 60 = 40 units

For every $2, increase, demand is minus 5.

thus we calculate how many 5 units there are in 40 units.

we have 40 units ÷ 5 units = 8

SInce every +$2 causes -5 units, we have the price of good J at 60 units fixed demand to be 8 x $2 = $16.

It means at $16, the demand of good J is 60 units.

Alternatively, you could do this,

At $0, demand is 100 units

At $2 (0 + 2), demand is 95 units (100-5)

At $4 (2+2), demand is 90 units (95-5)

At $6 (4 + 2), demand is 85 units (90-5)

At $8 (6 +2), demand is 80 units (85-5)

At $10 (8 + 2), demand is 75 units (80-5)

At $12 (10 + 2), demand is 70 units (75-5)

At $14 (12 + 2), demand is 65 units (70-5)

At $16 (14+ 2), demand is 60 units (65-5)

Cheers.

8 0

3 years ago

Boone Company purchased a piece of machinery by paying $18,000 cash. In addition to the purchase price, the company incurred $80

Mkey [24]

Answer:

The correct answer is $18920.

Explanation:

Boone Company purchased a piece of machinery by paying $18,000 cash.

In addition to the purchase price, the company incurred $800 freight charges.

Estimated useful life of the machine is 5 years and will require $600 for insurance over that period.

So insurance money for a year = $ ( $\frac{600}{5}$ ) = $120.

Boone Company would record the cost of the machine at $ ( 18000+ 800+ 120) = $ 18920.

4 0

3 years ago

Saleh, an accountant, is the sole shareholder of Turquoise Corporation, a C corporation. Turquoise is a personal service corpora

VashaNatasha [74]

Answer: $82,500

Explanation:

Saleh's salary for fiscal year ending September 30 = $330,000

Salary that should be paid between October 1 - December 31, if the corporation is to continue to use it's fiscal year without negative tax effect.

To avoid negative tax effect, the Saleh's salary should be atleast equal to the amount being given for the fiscal year which ended in September 30.

October 1 - December 31 = 3 months

Saleh's monthly salary = total slary during fiscal year ÷ 12

$330,000 ÷ 12 = $27,500

October 1 - December 31 = $27500 * 3 = $82,500

3 0

3 years ago

When a local walmart is open 7 days a​ week, 24 hours a​ day, which form of utility is it providing to​ customers?

When a local walmart is open 7 days a week, 24 hours a day, which form of utility is it providing to customers?