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zhannawk [14.2K]
3 years ago
7

Which of the following correctly defines money as a unit of account?

Business
1 answer:
trapecia [35]3 years ago
6 0
The correct answer to this question is letter "c. it provides a means for comparing the values of goods and services." The statement that correctly defines money as a unit of account is that <span>it provides a means for comparing the values of goods and services.</span>
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4. When analyzing decisions that are made within a firm, economists typically assume that "profit maximization" is the firm’s ma
Valentin [98]

Answer: When employees are provided with a conducive environment they perform better than normal and with good products and services customers are satisfied hence more profit. The CEO should ensure all department work with same goal for the benefit of the organization

Explanation:

Companies tend to focus on the non-economic goals such as providing a good place for employees to work, good product and services to the customers and acts as a good citizen in the society. Achieving these goals are costly and doing so might interfere with profit maximization but in long term achieving them is beneficial to the company. When employees are provided with a conducive environment they perform better than normal and with good products and services customers are satisfied hence more profit. The CEO should ensure all department work with same goal for the benefit of the organization

8 0
3 years ago
Spielberg Inc. signed a $170,000 noninterest-bearing note due in five years from a production company eager to do business. Comp
GaryK [48]

Answer:

$100,890

Explanation:

To determine the value of the debt we must calculate the present value of the note:

present value = future value of the note / (1 + interest rate)⁵

present value = $170,000 / (1 + 11%)⁵ = $170,000 / 1.11⁵ = $170,000 / 1.685

present value = $100,890

7 0
3 years ago
Now, suppose the fish cannery has the property rights to the lake, including the right to pollute it. In this case, assuming the
zimovet [89]

The fish cannery will use the recycling method, regardless of who has the property rights: TRUE

<h3>What is recycling?</h3>
  • Recycling is the process of gathering and converting resources into new goods that would otherwise be thrown away as waste.
  • Both the environment and your community may benefit from recycling.
<h3>Given situation:</h3>

"Suppose the fish cannery has the property rights to the lake, including the right to pollute it.

In this case, assuming the two firms can bargain at no cost, the fish cannery will use the recycling method, and the resort will pay the fish cannery between $300 and $800 per week.

The resort will make the most economic profit when it has property rights to a clean lake."

Therefore, the following statement "the fish cannery will use the recycling method, regardless of who has the property rights is TRUE.

Know more about economic profits here:

brainly.com/question/24477585

#SPJ4

8 0
2 years ago
If there is a floor on wages created by a minimum wage, union contracts, or other factors, then a decline in the marginal produc
olga55 [171]

Answer:

Decrease; Increase

Explanation:

When there is a decline in the marginal productivity of low skilled workers, it results in a decline or decrease in the demand for low skilled workers. Marginal productivity is the extra output gained from adding one unit of labour. Thus, if low skilled workers are added to increase marginal productivity, but then reaches the point of decline, the demand or the need for those low skilled workers reduces. The reduction or decrease in the demand for these low skilled workers then lead to an increase in number of unemployed workers as those unskilled workers becomes jobless.

5 0
3 years ago
You have been hired as a consultant by Feludi Inc.'s CFO, who wants you to help her estimate the cost of capital. You have been
Lisa [10]

Answer:

CAPM=5.6\%

Explanation:

as it is said we must apply the CAPM model, so we have:

CAPM=r_{f}+\beta (E\(r_{m})-r_{f} )

where CAPM is the capital asset pricing model, r_{f} is the risk free of the market, \beta is the relation between the market benchmark and an asset return, and E(r_{m}) is the  expected return of an asset

CAPM=0.041+1.3(0.0525-0.041)

CAPM=5.6\%

8 0
3 years ago
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