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RoseWind [281]
3 years ago
11

Mary Robertson sells tires at a large car service center. She earns 10% commission on the first $1,000, 15% on the next $2,000,

and 20% on sales of more than $3,000. Last week she sold $3,400 worth of tires. What was her total commission?
Business
1 answer:
prohojiy [21]3 years ago
5 0

$560 I just took the test on primavera and this was right.

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The elasticity of supply measures how responsive:
slega [8]

Answer:

the quantity supplied is to a change in price. 

Explanation:

Elasticity of supply measures the degree of responsiveness of quantity supplied to changes in price

Elasticity of supply = percentage change in quantity supplied/ percentage change in price

Supply is elastic if a small change in price has a greater effect on the quantity supplied.

Supply is inelastic if a small change in price has little or no effect on quantity supplied.

Supply is unit elastic if a small change in price has a proportional equal effect on quantity supplied.

I hope my answer helps you

8 0
3 years ago
Sydney saved $10,000 during her first year of work after college and plans to invest it for her retirement in 40 years. how much
Yuliya22 [10]
Given:
P = $10,000, the principal
t = 40 yers, time duration
r = 8% = 0.08, the interest rate
Assume that
n = 12, monthly compounding.

The value after 40 years is
A=P(1+ \frac{r}{n} )^{nt}
nt = 12*40 = 480
1 + r/n = 1 + 0.08/12 = 1.0066667
A = 10000*1.0066667⁴⁸⁰ = $242,737.71

Answer:  $242,737.71

3 0
3 years ago
Ford Motor Company has issued 8% convertible debentures, convertible at a 10:1 ratio. Currently the debenture is trading at 94.
Dafna1 [17]

Answer: $100

Explanation:

Sometimes Debt instruments like Debentures and Bonds are convertible to shares in the company.

To calculate the Conversion Price, the following formula is used;

= Par Value / Conversion Ratio

= 1,000/10

= $100

Par value is usually $1,000 for such instruments.

7 0
3 years ago
1. The classical dichotomy and the neutrality of money The classical dichotomy is the separation of real and nominal variables.
Archy [21]

Answer:

These two options represent nominal values:

-The price of a beignet is $3.00 in 2011.

-Maria's wage is $27.00 per hour in 2011.

They are expressed in monetary value without taking into account inflation, or without being represented in terms of something else.

This option represents real value:

-The price of a beignet is 0.33 paperback novels in 2011.

The price of a beignet, nominally $3.00 is being expressed in relation to the price of something else: paperback novels, whose nominal price is $9.00.

In other words, in real terms, a beignet costs a third of what a paperback novel costs.

8 0
3 years ago
Question 1 (1 point)
olasank [31]
Yes, look for help, your store getting robbed!
7 0
3 years ago
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