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3 years ago

Which one of the following statements contains a metaphor

Business

2 answers:

hram777 [196]3 years ago

7 0

Metaphor does not use like or as, it simply names something to be something else
like a does
a.

faust18 [17]3 years ago

4 0

the mighty oak is the king of the forest world

You might be interested in

Under which conditions is price elasticity of supply relatively elastic or relatively inelastic?

Ulleksa [173]

Answer:

1. Firms are operating in the short run - relatively inelastic

2. Firms would have a hard time storing their goods - relatively inelastic

3. Firms have a large amount of excess capacity - relatively elastic

4. Firms can easily relocate from one location to another - relatively elastic.

Explanation:

The price elasticity of supply is less in the short run than in the long run. In the short run supplier does not have enough time to adjust the production level so supply is inelastic. The firms facing hard to store their goods then the supply is inelastic. If the firm has spare capacity available then the supply is relatively elastic because supplier can produce more if the demand is greater. The mobility factor also effects elasticity, if firm can easily relocate itself then the supply is elastic.

6 0

2 years ago

Seventy farmers in Morgan County joined together to hire Rusty to spray their crops one time (with his cropduster plane). These

Triss [41]

Answer:

d. joint venture.

Explanation:

A cooperative, business trust or a franchise are generally stable businesses that are formed to operate in the long run.

On the other hand, a joint venture occurs when different entities get together to do business and that can be a one time event only. In this case, Rusty was hired for spraying the fields one time only (one time event).

3 0

2 years ago

An investor is given the two investment alternatives (Assets A and B) with the following characteristics: Asset Expected Return

kow [346]

Answer:

12.00%

Explanation:

As per the given question the solution of standard deviation of a portfolio is provided below:-

Standard deviation of a portfolio = √(Standard deviation of Product 1)^2 × (Weight 1)^2 + Standard deviation of Product 2)^2 × (Weight 2)^2 + 2 × Standard deviation of product 1 × Standard deviation of product 2 × Weight 1 × Weight 2 × Correlation

= √(0.165^2 × 0.6^2) + (0.068^2 × 0.4^2) + (2 × 0.6 × 0.4 × 0.165 × 0.068 × 0.7)

= √0.009801 + 0.0007398 + 0.00376992

= √0.01431076

= 0.119628592

= 12.00%

So, we have calculated the standard deviation of a portfolio by using the above formula.

3 0

2 years ago

The University Store, Inc. is the major bookseller for four nearby colleges. An income statement for the first quarter of the ye

Effectus [21]

Answer: $30,000

Explanation:

Sales are $800,000 and the average price is $40. Number of units sold is;

= 800,000/40

= 20,000 units

Sales $ 800,000

Less: Cost of Goods Sold ($560,000)

Gross Margin $240,000

Less : Variable Costing

Selling Expenses (20,000 units X $3.00) ($60,000)

Administrative Expenses (5% of $ 800,000) ($40,000)

Contribution Margin $140,000

Less: Fixed Cost

Selling Expenses ($100,000 - $60,000) ($40,000)

Administrative Expenses ($110,000 -$40,000) ($70,000)

Net Operating Income  $30,000

3 0

3 years ago

A video game manufacturer is planning to market a new machine. The fixed costs are $550,000 and the variable costs are $120 per

tresset_1 [31]

Divide 550,000 by 140 and thats the amount need to break even, anything greater will earn $20 in profit per machine

6 0

3 years ago