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kherson [118]
3 years ago
11

Microeconomics Which of the following statements is true? a. Students majoring in economics earned more than students majoring i

n engineering in the U.S. in 2015. b. People with 0–5 years of work experience earn more than people with 10–20 years of work experience in all major fields. c. The median pay of economics majors increased more in dollar terms than any other majors in 2015. d. A college degree does not influence the earnings of workers.
Business
1 answer:
Kaylis [27]3 years ago
3 0

Answer:  c. The median pay of economics majors increased more in dollar terms than any other majors in 2015.

Explanation:

According to research by several job websites, Economics majors saw their wages increase more than other majors in terms of dollar terms in 2015.

This has been attributed to the Economics field needing more specialization as most entry level economics jobs require at least a masters in the field. While there does not seem to be any reason for this, it is theorized that the need for Economists has been on the rise as economies become more uncertain.

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As the Chief Marketing Office (CMO) for a $100 million product company you need to lead the development of marketing plan for th
sveta [45]

Answer:

b

Explanation:

describe the elements of a strategic marketing plan

8 0
2 years ago
If the demand curve is linear and downward sloping, which of the following statements is not correct? Select one: a. Starting fr
PilotLPTM [1.2K]

Answer:

The correct answer is option d.

Explanation:

If a demand curve is linear and downward sloping, different points on the line can show different values of slope. The value of slope will be equal to the ratio of change in price to change in quantity demanded. The value of slope will be the same throughout the line.

The price elasticity is the ratio of change in quantity to change in price. The price elasticity can be different for different points on the demand curve.

The points on the lower parts are more inelastic while the points on the upper portion are more elastic. The midpoint represents unit price elasticity.

Since the upper portion is more price elastic, an increase in price will cause a more than proportionate decrease in the quantity demanded. This will cause the total revenue to decrease.

3 0
3 years ago
Volbeat Corporation has bonds on the market with 10.5 years to maturity, a YTM of 6.2 percent, a par value of $1,000, and a curr
densk [106]

Answer:

The answer is 5.47 percent

Explanation:

Firstly, we find coupon payment (PMT).

it can be gotten from the price (present value) of bond formula:

PV = PMT/(1+r)^1 + PMT/(1+r)^2 ....... PMT + FV/(1+r)^n

N = 10.5 years

1/Y = 6.2 percent

PV = $945

PMT = ?

FV = $1000

Using a Financial calculator to input all the variables above,

Annual PMT = $54.72

Semi annual will be $54.72/2= $27.36

Coupon rate is Annual PMT /par value

= $54.72/1000

0.0547 or 5.47 percent

7 0
3 years ago
What account form needs to balance before you can move forward with the Accounting Cycle?
zhannawk [14.2K]

Answer:

Clyde's Well Servicing has the following financial statements. The balance sheet items, profit margin, and dividend payout have maintained the same ...

Explanation:

8 0
1 year ago
Fontaine Inc. recently reported net income of $2 million. It has 500,000 shares of common stock, which currently trades at $40 a
Firlakuza [10]

Answer:

$50

Explanation:

Given,

Current Net income = $2,000,000

No. of common shares today = 500,000

Current market price per share = $40

Anticipated Net income in 1 year = $ 3,250,000

Anticipated No. of common shares in 1 year = 500,000 +150000 =650,000

From this data, then

The current Earnings Per Share(EPS) = \frac{2,000,000}{500,000} = 4

Current Price/Earning ratio = \frac{ Price per share}{EPS} = \frac{40}{4} = 10

Anticipated EPS in 1 year=\frac{Anticipated Net income in 1 year }{Anticipated No. of common shares in 1 year } = \frac{3,250,000}{650,000} = $5

If the company's P/E ratio remain as that of the current at 10, then

The anticipated price of stock in 1 year = Anticipated EPS * P/E ratio in 1 year

 = $5 *10 = $50

4 0
3 years ago
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