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IRINA_888 [86]
4 years ago
15

It seems hard to justify spending $4.00 for a compact fluorescent lightbulb when an ordinary incandescent lightbulb costs 50 ¢.

To see if this makes sense, compare a 60 W incandescent bulb lasting 1000 hours to a 15 W compact fluorescent bulb having a lifetime of 10,000 hours. Both bulbs produce the same amount of visible light and are interchangeable. If electricity costs $0.10/kWh, what is the cost - purchase plus energy - to obtain 10,000 hours of light from each type of bulb? This is called the life-cycle cost.
Business
1 answer:
frosja888 [35]4 years ago
8 0

Answer:

to obtain 10,000 hours of light you would need:

option 1)

10 incandescent light bulbs costing $0.50 each = $5

this incandescent light bulbs will consume 60 x 10,000 = 60,000 watts or 60 kWh = 60 x $0.10 = $6 in electricity

total costs using incandescent light bulbs = $5 + $6 = $11

option 2)

1 fluorescent light bulb = $4

this fluorescent light bulb will consume 15 x 10,000 = 15,000 watts or 15 kWh = 15 x $0.10 = $1.50

total costs using fluorescent light bulbs = $4 + $1.50 = $5.50

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Answer:

The statements that are correct about money are

(1) With the use of money, double coincidence of wants is not necessary in an exchange.

(2) With the use of money, the cost of looking for trading partners can be lowered.

Option: (A)

Explanation:

The concept of using money having a predefined value emerged from the idea of how convenient it would be to have a common commodity of exchange that could be used in exchange for anything and everything offered for sale. After the barter system eventually came to an end, the process of determining monetary values of commodities of day to day use began and inveterated gradually. As the prevalence of the use of common money grew, the necessity of double coincidence of wants ended soon. People who wanted to exchange wheat for maize no longer had to wait to come across someone who wanted to exchange maize for wheat.

With the introduction of money and an increase in its use, the time and efforts required to find a partner to trade with decreased dramatically. This made transactions more convenient and affordable and more people began to involve themselves in trading activities. The use of money not only dispensed ease of doing business but also helped in establishing faith and reliability among trading partners.

6 0
3 years ago
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A custom toy company is creating a letter in Word to send to clients and toy shops about their products. The company would like
anygoal [31]

The correct answer is A. Table Object > Excel Spreadsheet

6 0
3 years ago
Austin needs a vehicle to get to his new job. His loan application is denied due to his lack of credit history and time on the j
lys-0071 [83]

Austin would need to build his credit score and one of the fastest ways of doing this is to get a <u>credit card. </u>

Credit cards are not as difficult to get and following certain guidelines in utilizing them can help increase a credit score faster such as:

  • Using less than 30% of the credit limit on your credit card
  • Paying on time and higher than you are required to to so as to keep the credit card balance low

These two factors - timely payments and credit utilizations - are very important in credit score calculations and will be sure to increase Austin's credit score fast.

In conclusion, Austin should get a credit card to get his loan approved faster.

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8 0
3 years ago
Hussein got a call yesterday from First Bank, the company that issued his credit card inquiring about an $105.00 charge made in
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C) change his passwords and store them in a password manager.

Explanation:

Hussein, being a victim of cyber theft of money from his bank account, after having informed bank about the fraudulent transaction, should :-

Take further precautionary measures for modifying & safely saving other related crucial information, like passwords. So, he should change his passwords and store them in a password manager.

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3 years ago
Which of the following statements about market segmentation is true the logic of market segmentation is that seldom meet the nee
emmasim [6.3K]

Answer:

b. In the process of market segmentation,deciding the segmentation strategy precedes determining the consumer's needs and wants.

Explanation:

In the above stated statement, it is the truth about market segmentation due to the fact that, customers needs and wants differs. <em>In other to ensure that those are met through segmentation of goods and services, there is need for the segmentation strategy to be adopted by the market. Without this segmentation strategy, their be conflicts between the needs and wants of the customers which would lead to not meeting their expectation.</em>

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