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aalyn [17]
3 years ago
11

If the consumption of a good by one individual does not change the amount of the good available to others, the good is considere

d to be
a. nonrival-in-consumption.
b. durable.
c. a common good.
d. a natural resource.
Business
1 answer:
Pepsi [2]3 years ago
3 0

Answer:

A. nonrival-in-consumption is the correct answer.

Explanation:

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The owner of Grandma's Applesauce is planning to retire after the coming year. She has to repay a loan of $50,000 plus 8 percent
Aleks04 [339]

Answer:

Option (B) $5,000

Explanation:

Data provided in the question:

Repayment of Loan = $50,000

Interest = 8%

Cash flow             Probability

$65,000                    70%

$45,000                    30%

Tax rate = 0%

Now,

Interest on loan = 8% of $50,000

= $4,000

Expected value of cash flow = ∑[cash flow × Probability ]

= ( 0.7 × $65,000 ) + ( 0.3 × $45,000 )

= $45,500 + $13,500

= $59,000

The owner's expected cash flow after debt service

= Expected value of cash flow - Interest on loan - Repayment of Loan

= $59,000 - $4,000 - $50,000

= $5,000

Hence,

Option (B) $5,000

3 0
3 years ago
The following data are for Lily Kay Company. Total sales revenue $250,000 Number of units sold 50,000 units Contribution margin
eduard

Answer:

b. 51,429 units

Explanation:

If x = Number of units

Net Income = Sales Revenue - Variable Cost - Fixed Cost

or

Net Income = Contribution Margin - Fixed Cost

where,

Net Income = $80,000

Contribution Margin per unit = $3.50

Fixed Cost = $100,000

Contribution Margin = Net Income + Fixed Cost

$3.50x = $80,000 + $100,000

$3.50x = $180,000

Dividing the above equation by $3.50 we get

x = $180,000 / $3.50

x = 51,429 units

Hence 51,429 number of units must be sold to generate the net income of $80,000.

3 0
2 years ago
Assume that the labor market for retail workers is generally unskilled. If a minimum wage is set in the labor market for retail
bazaltina [42]

Answer:

there will be a surplus of retail workers in this labor market.

Explanation:

In the attached diagram the scenario is illustrated.

When the minimum wage is above the equilibrium wage it means that the minimum wage is above what employees are willing to pay workers. So employees will be less wiling to pay this amount.

There will be a reduction in the number of available slots for workers.

On the other hand workers will receive higher wage than they expected but since the slots for work are now limited there will be a surplus of labour in the market

3 0
3 years ago
What do u mean by book keeping why is it important?​
olchik [2.2K]

Jawaban

Bookeeping involves the recording, on a regular basis, of a company's financial transactions. ... With proper Bookkeeping, companles are able to track all information on its books to make key operating, investing, and financing decisions. Bookkepers are individuals who manage all financial data for companies.

8 0
3 years ago
Read 2 more answers
According to Laszlo Bock, Google believes in hiring the best talent from the start rather than hoping to develop mediocre talent
Harrizon [31]

Answer:

Training

Explanation:

Talent management strategy is a system adopted by Hr to attract , employee and retain efficient employees in order to maximize business performance.

Continuous training and development is a key talent management strategy used by most companies.

Googles strategy of hiring the best talent from the start rather than developing mediocre talent over time focuses more money on employee selection than training

5 0
3 years ago
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