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Veseljchak [2.6K]
3 years ago
15

The slope of the budget line represents an opportunity cost​ because, moving along the​ line,

Business
1 answer:
son4ous [18]3 years ago
7 0
D. a consumer must give up some of one good in order to get more of the other.
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A company borrowed $15,000 by signing a 120-day promissory note at 10%. The total interest due on the maturity date is: (Use 360
topjm [15]

Answer: $500

Explanation:

Interest for the period = Amount borrowed * Interest rate * 120/360 days

= 15,000 * 10% * 120/360

= $500

7 0
3 years ago
Since the 1970s, the largest area of job growth in the United States has been in the ______ sector; areas such as banking, healt
JulsSmile [24]

The largest area of job growth in the United States has been in the service sector.

<h3>What are the service sectors?</h3>

The service sector is commonly known as the tertiary sector. It is also known to be the third tier in the three-sector economy.

An Examples of service sector jobs are housekeeping, nursing, etc. The Service industries is made up of:

  • Banking
  • Communications
  • Wholesale and retail trade, etc.

Conclusively, The largest area of job growth in the United States as at 1970s has been in the service sector.

Learn more about service sector from

brainly.com/question/26521390

3 0
2 years ago
You have been hired by bizcom, a business communications consultancy that services many clients in different industries througho
Zigmanuir [339]

I recommend Bizcom to install <u>an extranet, to enable quick collaboration over the Internet, minimize the time spent communicating with the client, and minimize the amount of paperwork needed</u>.

<u>Explanation</u>:

Extranet is a kind of private network that helps organizations to exchange the information securely over Internet. The extranet can be used by vendors, suppliers and authorized set of customers to enable communication.

Internet helps in enabling quick collaboration and also reduces the paperwork. As all the information can be confidentially shared and stored using the Internet, the use of paper can be reduced. The time spent for communicating with the client can also be reduced.

In the above scenario, Bizcom has its consultants from various places. It is difficult to travel to every place and organize meeting. So installing an extranet can help them in keeping connected.

7 0
3 years ago
The market demand curve A. is found by vertically adding the individual demand curves. B. represents the sum of the quantities d
timama [110]

Answer:

B. represents the sum of the quantities demanded by all the buyers at each price of the good

Explanation:

The market demand curve is found by horizontally adding the individual demand curves.

The market demand curve slopes downward.

I hope my answer helps you

5 0
3 years ago
A software company that installs systems for inventory control using RFID technology spent $760,000 per year for the past 3 year
IgorC [24]

Answer:

$2,096,924.50

Explanation:

Present value of an investment and cash inflows is measured at present time means year 0. Gradient is also valued at present time.

$760,000 each year at 9% for next 3 years is annuity payment and its Present value can be calculated as follow

PV of Annuity = P + P x ( 1 - ( 1 + r )^-(n-1) / r

Where

P = $760,000

r = 9%

n = 3 years

Placing values in the formula

PV of Annuity = $760,000 + $760,000 x ( 1 - ( 1 + 9% )^-(3-1) / 9%

PV of Annuity = $760,000 + $760,000 x 1.759111  

PV of Annuity = $760,000 + $1,336,924.50  

PV of Annuity = $2,096,924.50

5 0
3 years ago
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