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meriva
3 years ago
15

What is the principal?

Business
2 answers:
Lunna [17]3 years ago
5 0
The principal<span> might be the party who gives legal authority for another party to act on the </span>principal's<span> behalf. </span>
Shtirlitz [24]3 years ago
4 0

Answer:

Principal is the money that you originally agreed to pay back. Interest is the cost of borrowing the principal.

Explanation:

for intro to business

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Ben is exhausting his money income consuming products A and B in such quantities that MUa/Pa = 6 and MUb/Pb = 4. Ben should purc
yaroslaw [1]

Answer:

Option (a) is correct.

Explanation:

Given the marginal utility per dollar for the two products as follows:

\frac{MU_{a} }{P_{a} } =6

\frac{MU_{b} }{P_{b} } =4

All the individuals wants to maximize their utility that is obtained from the consumption of goods. We can see that marginal utility per dollar of product A is higher than the marginal utility per dollar of product B which means that this consumer should purchase more quantity of product A and less quantity of product B.

It is going on until the point at which marginal utility per dollar of both the products becomes equal.

6 0
3 years ago
Which describes the purpose of minimum-balance fees?
Cerrena [4.2K]

Answer:

make sure customers keep sufficient funds in their account

Explanation:

Minimum balance is the amount that an account holder has to be kept in the account. The minimum amount is to be maintained so as to enjoy the benefits of the account like receiving interests. The minimum balance defers from one bank to another. Maintaining the minimum helps in accessing loans and other facilities.

5 0
3 years ago
Junkyard Arts, Inc., had earnings of $593,900 for the year.
PIT_PIT [208]

Answer:

The basic EPS is $11.50

Explanation:

The basic earnings per share is the amount of net income that is earned per share of common equity or the amount of net income attributable to each share of common stock. The basic earnings per share (EPS) is calculated using the following formula,

Basic EPS = (Net Income - Preferred stock dividend) / Weighted average number of common shares outstanding

The preferred stock dividend for the period was = 7 * 2700 = 18900

Basic EPS = (593900 - 18900) / 50000

Basic EPS = $11.50

8 0
4 years ago
Moral hazard occurs when:
satela [25.4K]
1) Moral hazard occurs when the individual does not tell the others all the risks associated with their actions, so the correct answer is:
D. an individual knows more about his or her actions than other people do.

for the second one:

the money lent will be x

so we have :

x+10%x=1000
(the money lent and the interest are 1000 together)

so: 110%x=1000

\frac{110}{100} x=1000

\frac{11}{10} x=1000
11x=1000
x=1000\11
x=909.09 - so they correct answer is A!

x=


3 0
4 years ago
Which term works best as a title for the list?
Marysya12 [62]

Answer: B. Land

Explanation: Just makes sense

7 0
3 years ago
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