Answer:
The correct answer is "she should work 16 hours per week at daycare center to earn $136.00"
Explanation:
Pham can earn at the college bookstore
$9 dollars per hour x 15 hours per week she can spend
$9 x 15 = $135
At a café she can earn
= $12 dollars per hour x 6 hours per week
=$12 x 6 = $72
At a garage she can earn
= $10 dollars per hour x 5 hours per week
= $10*5 = $50.
At a daycare center she can earn
= $8.50 dollars per hour x 16 hours per week
= $8.50*16 = $136.
If her goal is to maximize the amount of money she can make each week,
she should work 16 hours per week at daycare center to earn $136.00
The Tullen Group is an example of a marketing intermediary as it is hired to design an advertising campaign that includes creating a web presence.
<h3>What is a
marketing intermediary?</h3>
This refers to those independent firms that assist firms in the flow of goods and services from producers to end-users.
A typical example of a marketing intermediary includes:
- the agents
- the wholesalers
- the retailers.
Also, these intermediary also functions as a link between manufacturers and customers in the distribution of products.
Hence, the Tullen Group is an example of a marketing intermediary as it is hired to design an advertising campaign that includes creating a web presence.
Read more about marketing intermediary
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Answer: a. 0.042 b. 0.086 c. 0.00692
Explanation:
NOTE: Convert months to years. So 24 months = 2 years.
a. Six months
Months to year conversion gives: 6months/24months as 1/4 years
= (1 + 18%)^ 1/4 — 1 x 100%
= 1.042 — 1
= 0.042
Equivalent Discount Rate = 0.042
b. One year
12months/24months as 1/2 years
= (1 + 18%)^1/2 — 1 x 100%
= 0.086
Equivalent Discount Rate = 0.086
c. 1 month
1month/24months as 1/24 years
= (1 + 18%)^1/24 — 1 x 100%
= 0.00692
Answer:
Net Pay = Gross Pay - Federal Income Tax - FICA-SS Tax - FICA-Medicare Tax
Net Pay = $8,260.00 - $1,325.17- $512.12 - $119.77* = $6,302.94
Explanation:
Answer:
Italy has a comparative advantage in the production of cheese
Explanation:
Suppose that Italy and Sweden both produce rye and cheese.
Italy's opportunity cost of producing a pound of cheese is 5 bushels of rye while Sweden's opportunity cost of producing a pound of cheese is 10 bushels of rye.
<u>By comparing the opportunity cost of producing cheese in the two countries, you can tell that Italy has a comparative advantage in the production of cheese because it has a lower opportunity cost (as a matter of fact half the cost) in comparison with Sweden.</u>
<u>Comparative advantage is an economic term that refers to an economy's ability to produce goods and services at a lower opportunity cost than that of trade partners</u>