1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ss7ja [257]
2 years ago
9

Brad Edwards is earning $74,000 a year in a city located in the Midwest. He is interviewing for a position in a city with a cost

of living 10 percent higher than where he currently lives. What is the minimum salary Brad would need at his new job to maintain the same standard of living?
Business
1 answer:
arsen [322]2 years ago
8 0

Answer:

The correct answer is $81,400.

Explanation:

According to the scenario, the given data are as follows:

Current earning = $74,000

As Brad is searching for a city which is 10% higher than current city then to maintain same living he has to earn 10% more than he earns.

So, total earning needed = $74,000 + 10% of $74,000

  =  $74,000 + $7,400

  = $81400

Hence, the total earning brad needed is $81,400.

You might be interested in
Suppose the real risk-free rate is 3.00%, the average expected future inflation rate is 5.90%, and a maturity risk premium of 0.
Kamila [148]

Answer:

The answer is 9.00%

Explanation:

real risk-free rate = 3.00%

average expected future inflation rate = 5.90%

Maturity risk premium = 0.10%

The expected rate of return on a 1 year treasury security would be = the average expected future inflation rate + maturity risk premium + real risk-free rate.

= 3.00% + 5.90% + 0.10%

= 9.00%

6 0
3 years ago
Only 3 days after the attacks of 9-11, Northwestern Mutual began providing death benefits to surviving families of the first res
Luda [366]

Answer:

Empathy

Explanation:

Empathy is the ability of a person of business entity to understand the thoughts, feelings, and emotions of their customers. It is the ability to personalise the customer's situation.

This makes the business go the extra mile in solving the customer's problem.

In this scenario Northwestern mutual felt the pain and understood the financial needs of the families of first responders during the 9-11 attack.

So without official death certificates they paid death benefits only 3 days after the attacks.

Other insurance companies however did not empathise with their customers and only paid death benefits some months to a year.

5 0
3 years ago
Imagine that you are the CEO of Wal-Mart. Pick three ways discussed in this section to explain how you would improve customer se
iren [92.7K]

Answer:

make sure workers aren't slacking and helping customers

4 0
2 years ago
Caroline, the manager of a jewelry store, conducts statewide market research and collects data on customer preferences toward va
Brrunno [24]
Caroline will most likely be performing the prescriptive role of marketing research. Prescriptive analytics are known for processes data from their findings and using it to better suit the company in marketing tactics. Then they are able to present it to their team and in this situation, know which items are top sellers and which aren't. Caroline will use this data to determine what customers are attracted to, what they buy and how she can bring in more revenue to the jewelry store she manages. 
7 0
2 years ago
Are there any benefits for the law being "Vague and Variable"?
Alisiya [41]
Their benefit is to all of society rather than to an individual 
8 0
3 years ago
Other questions:
  • Which of the following is a difference between the marketing concept and the selling concept?
    6·1 answer
  • An employer is required to offer a medical worker the hbv vaccination within ____ days of starting employment.
    11·1 answer
  • After reviewing the existing data on seasonal spending by his company's customers, Marvin decided he needed new information coll
    12·1 answer
  • Redding Corp. reported the following information in its 2017 annual report (in millions). Plans' assets at fair value, January 1
    13·1 answer
  • Which of the following is a health hazard an insulation worker is likely to encounter on the job?
    8·2 answers
  • Roland Enterprises, an American company, has a manufacturing facility in France in order to serve customers throughout Europe. R
    8·1 answer
  • Which one of the following is not a financial intermediary?
    9·2 answers
  • Bluebird, Inc., does not provide its employees with any tax-exempt fringe benefits. The company is considering adopting a hospit
    8·1 answer
  • Owner's withdrawals:______.
    7·1 answer
  • The fed pays ______ on the required reserves held by commercial banks, as well as the excess reserves the banks hold at the fed.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!