Rebecca is earning twice as much as Mark because she has added value to herself by getting educated and would most likely be able to solve problems faster and more efficiently than Mark assuming they are in the same industry. Here in lies the value of education.
<h3>
How does education help us earn better?</h3>
Education helps to drive innovation and critical thinking. Psychologically, education is one of the best ways to keep the mind active and sharp.
For a society to advance economically, education is essential. In order to consistently be creative, we require employees to pursue new knowledge and research.
Higher literacy rates are also associated with better economic conditions in a nation.
A population with higher levels of education has access to more work options. This is because education fosters research and innovation.
Learn more about education at;
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Answer:
(C)
Explanation:
Liquidity refers to how quickly or readily an asset is convertible into cash.
Following the order of liquidity, cash in hand is the most liquid item and hence it is presented first in the balance sheet. Similarly, marketable securities are highly liquid. These are followed by accounts receivables, inventory , fixed assets and lastly intangibles such as Goodwill, Patents etc are presented.
Answer:
c. greater than the price effect.
Explanation:
The output effect represents higher revenue due to a larger quantity supplied, while the price effect results in lower revenue due to an decrease in price resulting from an increase in quantity supplied. As the quantity supplied increases, the equilibrium price decreases. A firm will sell more units if the output effect is higher and offsets the price effect.
Answer:
Explained below.
Explanation:
A nurse educator questions to a student, to list the 5 main categories of complementary and alternative medicine CAM, developed by the NCCAM. The statements which were made by the nursing student indicates a need for further teaching regarding CAM categories are as follows:
* Massage therapy as well as magnetic therapy are a focus of CAM.
* Massage therapy, as well as magnetic therapy, are therapies within particular categories of CAM.
Answer:
The payment after 1 year will be
F=P(1+i)^n
n=1 year
P=100,000
F=100000(1+0.09)
F=109000 after 1 year
interest=9/100*100000=90000
exceeded payment=109000-90000=19000