1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Delicious77 [7]
3 years ago
7

At a widget store, the average widget sells for $20 with a profit of $5. Five applicants for a sales position, along with their

expected hourly sales (based on a personality profile) and the hourly wage they have asked to be paid. Who would you hire?
Business
1 answer:
SIZIF [17.4K]3 years ago
4 0

Answer:

I will hire the person who capable of generating maximum benefits from the rest of the applicants. This means that the chosen candidate has the capability of generating higher profits after commision from the rest of the candidates. This is what we call the most efficient candidate on the basis of cost benefit analysis.

You might be interested in
what are the pros and cons of going through economic transition from a centrally planned to a mixed economy
skelet666 [1.2K]

Answer:

There are benefits and drawbacks to command economy structures. Command economy advantages include low levels of inequality and unemployment, and the common good replacing profit as the primary incentive of production. Command economy disadvantages include lack of competition and lack of efficiency.

Explanation:

Mark me Brainliest

5 0
3 years ago
g after examining the various personal loan rates available to​ you, you find that you can borrow funds from a finance company a
IceJOKER [234]

question text <u>WITH </u>missing information:

After examining the various personal loan rates available to you, you find that you can borrow funds from a finance company at an APR of <em>12 percent compounded monthly</em> or from a bank at an APR of <em>13 percent compounded annually.</em> Which alternative is more attractive?

If you borrow ​$100 from a finance company at an APR of 9% percent compounded for ​year, how much do you need to payoff the​ loan?

Answer:

The finance company option is better as we are taking the loan we want the lower rate possible.

We need $109 to payoff the loan of $100 at 9% annualy after a whole year.

Explanation:

We solve for the effective rate of 12% compounded monthly

(1+\frac{0.12}{12} )^{12} = 1.12682503 = 0.126825 = 12.6825%

As this rate is lower than 13% this option is better

If we take 100 dollars after a year we have to pay:

$100 x (1 + r) = 100 x (1 + 0.09) = 100 x 1.09 = $109

5 0
3 years ago
A company wants to use data from past promotional mailings to identify people who would likely respond favorably to future maili
irga5000 [103]

Answer: Data mining

Explanation:

Data mining is seeking for valid, hidden and likely useful patterns in large data sets. It is about finding previously unknown relationships that exist amongst the data.

Data mining also known as knowledge discovery, information harvesting or knowledge extraction is a multi-disciplinary competence that uses statistics, machine learning, artificial intelligence and database technology. The information gotten from data mining are used for marketing, detection of fraud, and scientific discovery.

3 0
3 years ago
Carson has opened up a new sports bar/restaurant in town. He has determined that his market segments are (1) students from the n
sukhopar [10]

Carson has to determine these segments which will provide him with the best opportunity to maximize sales. The process of doing this is referred to as segmenting.

Option - a

<u>Explanation: </u>

Market segmentation is the activity of segregating customers into groups depending on their characteristics. Market segmentation makes it easy for the marketer to customise their campaigns.

By making segmented groups, it is easier to target audience rather than targeting individual customer. This will save marketers money, resources and time also. Market segmentation decreases the risk of a failure of market campaign.

Here, Carson is trying to choose the best opportunity among the available ones in which he could get maximized sales.

5 0
3 years ago
Suppose a panel of economists is predicting that a nation's real GDP per capita will double in approximately 10 years. Based upo
Semenov [28]

Answer:

The answer is: 7% annual growth rate

Explanation:

The Rule of 70 is a way to determine how many years it will take an economy to double its GDP (or GDP per capita) with a given annual growth rate.

The formula used by the Rule of 70 is:

number of years                    =        <u>                      70                       </u>

to double an economy                  annual percentage growth rate

In this exercise we substitute the known variables and calculate:

             10 years  =  70 /  (annual growth rate)

             annual growth rate = 70 / 10 = 7%

7 0
3 years ago
Other questions:
  • Oceanview marine company performance materiality question
    5·1 answer
  • Real versus Nominal Returns. You purchase 100 shares of stock for $40 a share. The stock pays a $2 per share dividend at year-en
    6·1 answer
  • Orlando draws up a will for his estate. Where will the original copy of this will be kept?
    15·2 answers
  • Andy has been working at Aerial Corp. for a long time. He feels he is hard working and that he deserves a pay hike. He seeks a m
    5·2 answers
  • Albright Motors is expected to pay a year-end dividend of $3.00 a share (D1 = $3.00). The stock currently sells for $30 a share.
    15·1 answer
  • Diminishing marginal product suggests that the marginal A. cost of an extra worker is unchanged. B. cost of an extra worker is l
    15·1 answer
  • Discuss and analyze a situation where you worked on a team/project team consisting of diverse or intercultural team members. Con
    7·1 answer
  • ECO Jeans, Inc. had a mission to become the leading producer of environmentally friendly blue jeans, an emerging and in-demand c
    13·1 answer
  • 11. Write down the importance of marketing mix?<br>बजारशास्त्र सम्मिश्रणको महत्त्व लेख्नुहोस्<br>।​
    13·1 answer
  • Which phase in the value added chain
    14·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!