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Alexus [3.1K]
3 years ago
11

Sarah recently bought a bicycle. After a few days of cycling, she realized that she needed a basket on the bicycle to keep her b

ag and other items while cycling. Sarah's need of a basket is a _____.
Business
1 answer:
Sloan [31]3 years ago
3 0

Answer:

Functional need

Explanation:

Functional need -

It refers to the needs of the human being , which are important for the survival , is referred to as functional need .

These are basic requirements which are important for the day to day activities  of the people .

Hence , from the scenario of the question,

Sarah bought a cycle , but as soon as she realized that basket is important for keeping her bag and other item .

Hence, the need of basket is the functional need .

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Lori wants to give her daughter $25,000 in 8 years to start her own business. How much should Lori invest today, at an annual in
Dovator [93]

The amount of money that Lori should invest today is $13,506.72.

<h3>How much should Lori invest today?
</h3>

In order to determine the amount of money that Lori should invest today, the present value of $25,000 has to be determined. Present value is the sum of discounted cash flows.

Present value = $25,000 / (1.08^8) = $13,506.72

To learn more about present value, please check: brainly.com/question/26537392

#SPJ1

7 0
2 years ago
Which of the following statements is most consistent with efficient inventory management? The firm has a:
aalyn [17]

Answer:

The correct answer is letter "A": low incidence of production schedule disruptions.

Explanation:

Efficient inventory management is the approach selected to handle the firm's cash flow efficiently. The approach implies reducing wasting time, diminishing the time the items are stored in the warehouse, and predicting future demand whenever possible. It also involves having little to no disruption in the production schedule.

4 0
3 years ago
Let’s say your friend wants to invest all of her saved money into ONE individual stock. Is this a good idea? Why or why not?
OverLord2011 [107]

This is not a good idea as stocks are volatile.

Explanation:

One must never invest a lot of money in only one stock as the stocks are wont to change over time and gain or lose value.

If one wants a long term investment with at least some amount of safety they must be investing in stocks that grow consistently and then to break up the capital in small chunks and then invest them.

All of these can be invested in different shares in the market and then the shares would be more safe.

Even if one or two shares fall the others will be safe.

3 0
3 years ago
For which of the following decisions is marginal analysis least beneficial? deciding between watching another episode of your fa
Alex17521 [72]

The marginal analysis will be least beneficial when D. deciding whether to take a lunch break or knock on another door as a door-to-door salesperson.

<h3>What is marginal analysis?</h3>

Marginal analysis simply means an examination of the additional benefits and the additional cost that can be incurred on a product.

In this case, marginal analysis will be least beneficial when deciding whether to take a lunch break or knock on another door as a door-to-door salesperson.

Learn more about marginal analysis on:

brainly.com/question/4893420

5 0
2 years ago
The marginal utilities associated with the first 5 units of consumption of good Y are 15, 15, 10, 7, and 3, respectively. What i
julsineya [31]

Answer:

Total utility is 50

Explanation:

Mathematically;

TU = U1+MU2+MU3+MU4+MU5

TU = Total utility

U1= utility of 1st product of good Y

MU2= Marginal utility of 2nd product of good Y.............

MU5= Marginal utility of 5th product of good Y

Solution:

TUy= 15+15+10+7+3

TUy= 50.

6 0
3 years ago
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