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Romashka-Z-Leto [24]
3 years ago
14

If your total monthly costs are bigger than your total monthly income you have a problem! Explain why? What should you do?

Business
1 answer:
Ratling [72]3 years ago
5 0

Answer with its Explanation:

Because for meeting my expenses, I would require additional funds and this additional funds would come by borrowing money. Now again, the bank or the lender will not lend money because I can not pay them the interest as I have no savings. So lenders only lend money to those who are able to manage their expenses and due to this capability have savings.

So the best thing would be to reduce the costs below the monthly income and increase the savings so that I am not asking bank or the lender for giving me a loan.

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3 years ago
____________one of Reich's four key components, is making a reasoned analysis of an opportunity, envisioning potential solutions
satela [25.4K]

Answer:

The correct word for the blank space is: Experimentation.

Explanation:

There are four (4) components companies must be willing to develop if they look for consistency in their operations. Those are <em>abstract reasoning, systems thinking, collaboration, </em>and <em>the ability to experiment</em>. Experimentation implies making an analysis of the market situation and coming up with a solution for the problems taking place, then, setting up a strategy to attempt covering that issue wisely based on the resources of the institution.

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2 years ago
Dave is a salaried employee who works in a gas station. He only earns from his job and has no other source of income. He gets a
tigry1 [53]

Answer:

In my opinion the most suitable answer is E. increase his sources of income to show a rise in his income after taxes

Explanation:

The reason is he could lower his expenses too, but for how long? Inflation is going to eat his salary away anyway possibly in 5 to 10 years so what Daventry ustock do is to create another source of income so that he is safe. Possibly through investing in income generating assets, real estate and possibly a side hustle! (A small time business)

5 0
2 years ago
A year of unusually good rainfall has made it cheaper to irrigate farmlands. However, a popular new diet has persuaded some cons
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Answer:

1)Price has decreased and the effect on quantity cannot be determined

Explanation:

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Therefore, the equilibrium would fall but it is unable to figure out whether the quantity would rise or not without considering the elasticities of the demand and the supply curve

Hence, the correct option is 1

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