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Ghella [55]
3 years ago
11

Calculate the sales tax and total sale amount for a product that cost $52.98 and the sales tax is 9.2%

Business
1 answer:
Ymorist [56]3 years ago
7 0
Your answer will be $57.85 and heres why ;)
9.2% of $52.98 is  $4.78
$52.98+$4.78=$57.85
hope i helped

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Directions: Something that is valuable is scarce and give utility. Something that isn't value either doesn't give utility, or it
suter [353]

Answer:

Scarcity and Utility

I will explain the concepts of scarcity, value, and utility using my laptop and some writing pens.  I have only one laptop available in my family.  I use it 24-hours daily.  I attach so much value (utility) to the laptop because it is only one.  It is very scare in my household.  On the other hand, I have a packet of writing pens.  Pens are relatively not scare in my household.  If my laptop is missing, I will raise uproar in the house.  Everybody present will answer a tedious query.  But, if one of the pens gets missing, I may not even be aware that it is missing.  At the moment, I do not attach much value (utility) to the writing pens because I have many of them presently .  Writing pens are not scare in my household, as I said earlier.

Using these examples, I have demonstrated the concepts of scarcity, utility, and value.

Explanation:

Therefore, scarcity is defined by the value and the relative availability of a good.  Scarcity is a basic economic problem that shows the gap existing between limited resources and unlimited needs.  Based on the lack experienced with satisfying a need, one has to always choose between alternatives in order to maximize resource allocation and utility.

Utility in Economics refers to the value or satisfaction derivable from the meeting of a human or economic need.  It is initially connected to the concept of scarcity.  But after attaining some level of utility, scarcity temporarily evaporates.  And this is the dividing thin line.  This is why they are mostly used together.  "Something that is valuable is scarce and give utility."  Something that is not highly valuable is not usual scarce and does not give much utility, at least, to an extent.

6 0
3 years ago
The drawee is the
IRINA_888 [86]

Answer:

C

Explanation:

The drawee is the bank with which the drawer has an account.

8 0
2 years ago
Michael Glock was the policyowner-insured of a $50,000 participating whole life insurance policy with a $50,000 accidental death
sveticcg [70]

Answer:

B

Explanation:

50,000+3,400-750-2500

3 0
3 years ago
You just stuffed yourself with a hot dog, a large tub of popcorn, and a box of milk duds while watching a movie. when you come o
marishachu [46]

Answer:

Incentive Theory

Explanation:

Reason behind would be because how many things you ate your brain and taste are processing that all at the same time making it taste like a completely different substance.

7 0
3 years ago
Beatrice Markets is expecting a period of intense growth and has decided to retain more of its earnings to help finance that gro
VLD [36.1K]

Answer: $16.69

Explanation:

Using the Dividend growth model, the value is:

= [Dividend 1/ (1 + required return)] + [Dividend 2/ (1 + required return)²] + [Terminal value / (1 + required return)²]

Terminal value = Dividend after 2 years / (required return - growth)

= 2.50/ (14.5% + 0%)

= $17.24

Dividend 1 = 3.60 * ( 1 -30%)                                Dividend 2 = 2.52 * ( 1 -30%)

= $2.52                                                                                     = $1.76

Market value = (2.52 / 1.145) + (1.76 / 1.145²) + (17.24/1.145²)

= $16.69

3 0
3 years ago
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