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scoundrel [369]
3 years ago
5

Assume a world in which individuals live forever. There are three choices of schools: high school, associate degree (e.g., commu

nity college), and college degree. An individual that goes only to high school needs no additional schooling (beyond high school) but only earns $35,000 per year. They can also choose to complete four years of college which involves a cost of $60,000 per year but leads to them earning $60,000 a year. They can also get an associates degree (from a community college) at a cost of $15,000 per year and will earn $42,000 with that degree. Suppose that is distributed between 0 and 1. Find the sets of people in terms of who attend each type of school. (i.e., find the value of for individuals who go to high schoool, community college and college)
Business
2 answers:
Jobisdone [24]3 years ago
7 0

Answer:

Using

standard discounted cash flow analysis where we try to equate the PV of annuity of additional income with the PV of the money that is to be spend on additional education. There are three scenarios, which are tabulated as follows. It appears that interest rate of 5% or 6% is the one which makes it a good decision to go for higher educaiton. Rates higher than this aren't helpful.

Explanation:

Dahasolnce [82]3 years ago
7 0

Answer: 2.8 to the power of 3 squared by 9

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Marketing by a service firm to effectively train and motivate its customer-contact employees and all the supporting service peop
ikadub [295]

Answer:

Internal

Explanation:

As the name implies, internal marketing is one in which a service firm trains employees in a product's company and its customers' contact to ensure maximum customer satisfaction. Internal marketing means that every member of staff is involved in marketing  and not just the marketing department of the firm.

Cheers.

7 0
3 years ago
Depreciation--Jerry Company purchased machinery for $315,000 on May 1,2020 . It is estimated that it will have an useful life of
Gemiola [76]

Answer:

The depreciation for the first year is $75,000

Explanation:

In working hours method the depreciation on a fixed asset is charged using the ratio of numbers of hours utilized by the asset in a period and lifetime working capacity in hours.

First, we need to calculate the Depreciable value

Depreciable value = Cost of Asset - Salvage value = $315,000 - $15,000 = $300,000

Depreciation = Depreciable value x Numbers of hours worked / Total working capacity of Asset = $300,000 x 25,000 / 100,000 = $75,000

6 0
3 years ago
Love Languages is introducing an improved version of its tutoring targeted to students wanting more in-depth assistance using a
Wewaii [24]

Answer: Modified product strategy

Explanation:

 The modifying product strategy is one of the important strategy in the market as it basically refers to the value adding information and also modification in the existing products.

  • The modified product strategy also known as the product life cycle where the existing products are get modified according to the new product strategy.
  • By adding various types of features and also improve the performance of the product then it known as the product modification.

Therefore, the modified product strategy are used by the company for producing various types of new products and their aim is to produce the new product in the given original target in the market.

6 0
3 years ago
Supler Corporation produces a part used in the manufacture of one of its products. The unit product cost is $22, computed as fol
geniusboy [140]

Answer:

$ 2 per unit on average

Explanation:

Calculation for what the financial advantage (disadvantage) of purchasing the parts from the outside supplier would be:

First step is to calculate the Relevant cost of making

Relevant cost of making = 9 + 7 + 1 + ( 5 * 80 % ) Relevant cost of making= $ 21

Now let calculate the Financial advantage of buying

Financial advantage of buying = ( 21 - 19 )

Financial advantage of buying= $ 2 per unit on average

Therefore the financial advantage (disadvantage) of purchasing the parts from the outside supplier would be:$ 2 per unit on average

8 0
3 years ago
Suppose that web slinger provides internet service for all 40,000 homes that purchase internet service in the metropolitan area.
Nana76 [90]
This situation is a monopoly
8 0
4 years ago
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