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Anna35 [415]
3 years ago
12

Esther is ninety years old, but she still shops for her own groceries every morning. When Esther was younger, she would head to

Main Street and stop at the butcher shop for meat, the bakery for bread, and the farmer s market for fruits and vegetables. Now, she goes to a supermarket, where she can shop for all of those items under one roof and spend much less time buying food for the day. The convenience that Esther enjoys is called _____.
Business
1 answer:
Anettt [7]3 years ago
6 0

Answer:

Esther is ninety years old, but she still shops for her own groceries every morning. When Esther was younger, she would head to Main Street and stop at the butcher shop for meat, the bakery for bread, and the farmer s market for fruits and vegetables. Now, she goes to a supermarket, where she can shop for all of those items under one roof and spend much less time buying food for the day. The convenience that Esther enjoys is called <u>contact efficiency.</u>

Explanation:

In the business world, contact efficiency is a strategy used by businessmen to provide flexibility to their customers.

Under this strategy, the numbers of stores are reduced and all the main goods kept and sold under one roof to provide better service to the customers. This strategy makes more money and also saves time and energy of the customers.

In the question, Esther is shopping for all her needs from a single supermarket which makes it more reliable for her, hence depicting a perfect example of contact efficiency.

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How much is the sales tax on $19.50 worth of goods if the tax rate is 7%? $2.79 $0.14 $1.37 $0.28
exis [7]

Answer:

1.37

Explanation:

=19.50x7

=$1.365

=$1.37

4 0
2 years ago
Home Services common stock offers an expected total return of 14.56 percent. The last annual dividend was $2.27 a share. Dividen
prohojiy [21]

Answer:

Dividend yield=10.3%

Explanation:

Mv=Do(1+g)/(Ke-g)

MV=?

Do=2.27

g=2.1%

Ke=14.56%

Mv=2.27(1+2.1%)/(14.56%-2.1%)

MV=2.75/(12.46%)

MV=$22.1

Dividend yield=dividend per share/share price per share

Dividend yield=2.27/22.1

Dividend yield=10.3%

5 0
3 years ago
One type of mutual fund does not endeavor to achieve the goals of a balance of bonds and stock or​ growth, income, and stability
jonny [76]

The correct answer is the Life Cycle Fund.

The Life Cycle Fund is a mutual fund that is automatically adjusted during the life of the fund. The fund managers work to balance the investments in the fund to match an investor's age and risk tolerance as the investor gets closer to retirement.

3 0
3 years ago
Johnson Co. has 1,000,000 euros as payables due in 30 days, and is certain that the euro is going to appreciate substantially ov
SCORPION-xisa [38]

Based on the fact that the Euro will appreciate, the best thing for Johnson Co. to do is to e.purchase euros forward.

<h3>What should Johnson Co. do?</h3>

The fact that the Euro is going to appreciate in value means that Johnson Co. will have to pay more in future.

They should therefore lock in a favorable Euro rate now by purchasing Euros at a forward rate.

Find out more on purchasing forward at brainly.com/question/14090802.

#SPJ12

5 0
2 years ago
A coffee manufacturer uses Colombian and Brazilian coffee beans to produce two blends, robust and mild. A pound of the robust bl
tester [92]

Answer:

•8.74 pounds of robust blend

• 1.25 pounds of mild blend

Explanation:

We are given:

•12 ounces, 6 ounces of mild blend Colombian beans

•4 ounces, 10 ounces of mild blend Brazilian beans.

From the question, we get the following equations:

1) Colombian: 12x + 6y = 1800

2) Brazilian: 4x + 10y = 760

Let's multiply the Brazilian equation by 3, we now have:

Colombian: 12x + 6y = 1800

Brazilian : 12x + 30y = 2280

Solving simultaneously, we have:

-24y = - 480

Therefore,

y = -480/-24

y= 20 oz

y = 20 oz ( divide by 16 to convert to pounds) = 1.25 pounds

Let's solve for x from Brazilian equation:

4x + 10y = 760

Therefore, since y = 20, we have:

4x + 10(20) = 760

= 4x + 200 = 760

= 4x = 760 - 200

= 4x = 560

Therefore

x = 560/4

x = 140

140 oz = 8.74 pounds

Therefore, they should make;

8.74 pounds of robust blend and 1.25 pounds of mild blend.

5 0
3 years ago
Read 2 more answers
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