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2 years ago

What are the six characteristics of money? explain how the u.s. dollar has those six characteristics?

1 answer:

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1. durability- objects used as money must withstand physical and tear
2. portability- people need to be able to take money with them as they go about their business
3.divisibility-to be useful, money must be easily divided into into smaller denominations, or units of value
4.uniformity- any two units of money must be uniform or the same in the terms of what they will buy.
5.limited supply- money must be available only in limited quantities
6.acceptability- Everyone must be able to exchange the money for goods and services

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Two car manufacturers, Saab and Volvo, have fixed costs of $1 billion and marginal costs of $10,000 per car. If Saab produces 50

igomit [66]

Answer:

Explanation:

First, write down Total fixed cost for each;

Fixed cost; Saab = $1,000,000,000

Fixed cost; Volvo = $1,000,000,000

Next find the Total Variable cost (TVC)

TVC = # of cars per year * marginal cost per car

Saab ; TVC = 50,000* $10,000 = $500,000,000

Volvo ; TVC = 200,000* $10,000 = $2,000,000,000

Average production cost = (Fixed cost + total variable cost) / # of cars per year

Saab = ($1,000,000,000 + $500,000,000)/ 50,000 = $30,000

Volvo = ($1,000,000,000 + $2,000,000,000)/ 200,000 = $15,000

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2 years ago

Splish Brothers Inc. began operations on April 1 by issuing 52,300 shares of $5 par value common stock for cash at $15 per share

Ahat [919]

Answer:

Date Account titles and Explanation Debit Credit

Apr 1 Cash $679,900

Common stock $261,500

(52,300*5)

Paid in common stock in excess of par $418,400

(52,300*$13-$5)

(To record common stock issued)

Apr 19 Organisation expenses $28,900

Common stock $9,000

(1800*5)

Paid in common stock in excess of par $19,900

(To record issuance of comm1,100on stock for attorney.s fees)

Apr 19 Cash (1,100*$6) $6,600

Preferred stock (1,100*$1) $1,100

Paid in preferred capital in excess of par $5,500

(To record common preferred stock for cash)

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2 years ago

Jim is the new manager of operations at Springfield Motors. To his dismay, he finds the employees coming in late to work, taking

alisha [4.7K]

Answer:

The correct answer is letter "B": Positive reinforcement and punishment.

Explanation:

In the Operant Conditioning Method proposed by B.F. Skinner (1904-1990), positive reinforcement refers to the set of actions individuals do to increase the behavior of other individuals. On the other hand, positive punishment aims to decrease behaviors in individuals by prompting undesirable stimuli.

Thus, <em>Jim is implementing positive reinforcement through incentives for workers meeting certain corporate goals and positive punishment by withholding those incentives from employees who get late, take long breaks or act unprofessionally</em>.

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2 years ago

if the natural rate of unemployment is 5%, what is the total rate of unemployment if output is 2% below potencial output?

valkas [14]

It is 5% for rate Unemployment

4 0

2 years ago

What do you understand by marketing mix

k0ka [10]

Explanation:

When I think about the term marketing mix, I think about a set of tools that firms use to increase their profits such as price, product, promotion and place.

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2 years ago