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neonofarm [45]
3 years ago
11

Mila is at a flea market. She has $50 in her wallet. She decides that she will spend $15 on jewelry, $20 on a pair of jeans, $5

on a T-shirt, and $10 on something to eat. She likes a one-of-a-kind T-shirt, but the seller is not ready to sell it for less than $8. She thinks of five ways to deal with this situation. Which two choices indicate a trade-off?
She will try to find another seller selling the T-shirt for a lower price.
She will give up on the T-shirt and use the money to buy better jeans.
She will use some of the money she received from her aunt on her birthday.
She will pay the seller $5 and promise to pay the remainder on another day.
She will buy the T-shirt for $8 and not order juice at lunch.
Business
2 answers:
tigry1 [53]3 years ago
6 0

Answer: She will give up on the T-shirt and use the money to buy better jeans.

She will buy the T-shirt for $8 and not order juice at lunch.

Explanation:

A trade-off refers to the compromise which is made when an individual decides to take one action and give up on the other.

When Mila buy's the T-shirt for $8 and does not order juice at lunch, she is making a trade-off between buying a t-shirt and ordering a juice at lunch.

Similarly, when Mila decides to give-up on the T-shirt and decides to buy a better jeans she is making a trade-off between


Ainat [17]3 years ago
3 0
<span>She likes a one-of-a-kind T-shirt, but the seller is not ready to sell it for less than $8. She thinks of five ways to deal with this situation. The two choices that indicate a trade-off: </span>"<span>She will try to find another seller selling the T-shirt for a lower price." </span>"She will use some of the money she received from her aunt on her birthday."
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4 0
4 years ago
The self serving bias states that we ______. Attribute the cause of our success to internal factors and attribute the cause of o
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Answer:

Attribute the cause of our successes to internal personal factors and attribute our failures to external factors

Explanation:

Self-serving bias

This is simply regarded as the willingness to view oneself favorably. people usually tend to see themselves better than average. In terms of thinking positively, by taking credit for successes and that other forces did not have a factor in successes gotten. And also thinking negatively, by not taking credit for failures and rather blame external factors for failures encountered.

Individuals do accept credit when it is successful, but if there is a loss, they reject it or rather not associate themselves with it. They attribute loss to something else example: when an athletes attribute loss of a match to bad referees or dirty play.

5 0
3 years ago
Scanlon Inc.'s CFO hired you as a consultant to help her estimate the cost of capital. You have been provided with the following
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Option b. 7.78% is the correct answer. The cost of equity from retained earnings is 7.78% as per the CAPM approach

The relationship between systematic risk, or the general dangers of investing, and expected return for assets, particularly stocks, is described by the Capital Asset Pricing Model (CAPM).

A linear relationship between the required return on investment and risk is established by this financial model.

Retained earnings refer to the total earnings that a company has generated from its operations minus the dividends distributed among shareholders. The retained earnings are earnings reinvested in the business.

The calculation is shown below.

Cost of equity = Risk-free rate + (beta * Market risk premium)

Cost of equity = 4.10% + (0.70 * 5.25%)

Cost of equity = 4.10% + 3.675%

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8 0
1 year ago
Daniel derives utility from only two goods, cake (Qc) and donuts (Qd). The marginal utility that Daniel receives from cake (MUc)
Agata [3.3K]

Answer:

240= 3Qc + 3Qd  

Explanation:

The computation of the Daniel's budget constraint is shown below;

Given that

Daniel's income= $240

Price of cake (Pc) =$3

Price of donuts (Pd) =$3

So spending on cake = 3Qc

And,

Spending on donut= 3Qd

Finally

Total spending = 3Qc + 3Qd

Now the equation of budget constraint is

Income= (quantity of cake)(price of cake) + ( quantity of donut)(price of donut)

So,  

Income= Qc Pc+ Qd Pd

240= 3Qc + 3Qd  

4 0
3 years ago
Human resource management as a value-chain activity consists of activities involved in the recruiting, hiring, training, develop
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Answer:

Support Both individual primary and support activities as well as the entire value chain

Explanation:

VALUE CHAIN can be defined as the chain of activities that occur within a firm’s operations reason been that all products and services often pass through or go through all activities of the chain in which at each value chain activity the product or service tend to gains more value which is why Human resource management as a value-chain activity help to shown the components as having both primary activities and support activities, with all the human resource management functions of recruiting, hiring, training , development, retaining as well as growing right-fit the human resources as the important part of the support component.

Therefore Human resource management as a value-chain activity supports: BOTH INDIVIDUAL PRIMARY AND SUPPORT ACTIVITIES AND THE ENTIRE VALUE CHAIN.

7 0
3 years ago
Read 2 more answers
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