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Yakvenalex [24]
3 years ago
7

When money is acting as a store of value, it allows an individual toA. exchange goods for other goods and services in the econom

y.B. transfer dollars, and therefore purchasing power, into the future.C. measure the value of goods and services in the economy.D. trade money for goods and services in the economy.
Business
1 answer:
Ne4ueva [31]3 years ago
5 0

Answer:

The answer is (B) transfer dollars, and therefore purchasing power, into the future.  

Explanation:

A store of value is best described as a function contained in an asset that allows it to be saved, retrieved, and traded in the future. Money provides this function, alongside other forms of assets such as bonds, gemstones, and precious metals. Other functions of money, include as a medium of exchange and a unit of account.  

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Suppose your friend is a music major who sings at weddings. She has no fixed or marginal costs for singing and has two types of
ehidna [41]

Answer: a. $4,000

b. $5,000

Explanation:

a. If she can sing at each wedding but decides to maximise profits, she will only sing at the weddings of those paying her $200 as it is the higher of the two payment options.

Should she sing at the $200 customer weddings, she would make;

= 20 people * $200

= $4,000

b. Price Discrimination is the charging of different types of customers different prices for the same or similar goods.

If your friend knows how to perfectly charge the two different groups the different prices that they value her at then she will be able to attend and sing at both weddings making her revenue;

= (10* $100) + (20 * $200)

= 1,000 + 4,000

= $5,000

3 0
3 years ago
​Andre, Beau, and Caroline share profits and losses of their partnership in a ​:​: ratio respectively. If the net income is ​, c
Brums [2.3K]

Answer: $545,454.55

Explanation:

Caroline's share of the profit would be her sharing ratio over the total ratio time the net income.

= (6 / ( 6 + 2 + 3)) * 1,000,000

= 6/11 * 1,000,000

= $545,454.545

= $545,454.55

7 0
3 years ago
The denominator in the fixed asset turnover ratio is
jonny [76]
The denominator of the fixed asset turnover ratio is AVERAGE FIXED ASSET.
The fixed assert turnover ratio refers to the ratio of sales to the value of fixed asset of a company. The ratio is very important in evaluating how a company is using its fixed assets to generate sales.
Mathematically, fixed asset turnover ratio = Net sales / Average fixed assets.
The numerator is net sales while the denominator is average fixed asset. 
4 0
3 years ago
To make students more competitive in the work force and for graduate school, college professors are beginning to lower the stand
Pavlova-9 [17]

Answer:

The correct answer is Grade inflation.

Explanation:

The inflation of grades is the term used to designate the distortion in the distribution of grading frequencies that the teacher or his group assigns to his students. It is characterized by an overabundance of high ratings. This situation may end up causing an unwanted effect, because students are shown as successful in the face of future jobs but in reality they do not demonstrate that training that details their qualifications.

5 0
3 years ago
An individual contributes p 200 per month to a retirement account. The account earns interest at a nominal annual rate of 8% wit
amm1812

$449,866.95 is the Future value of the account after 35 yerars.

<h3>What is amount future value?</h3>
  • Future value (FV) is a term used to describe how much, at some future date and with a given interest rate, a sequence of regular payments will be worth.
  • As a result, it will show you how much you will have accumulated as of a future date if you, for instance, plan to invest a set amount each month or year.

The formula to compute the future value is shown below:

Future value = Amount (1+i)^n -1 ÷ i)

where,

Interest rate = 8% ÷ 12 months = 0.6666%

And, the number of months = 35 years × 12 months = 420

Now put this value to the above formula

F = $200 × (1 + 0.6666)^420 - 1 ÷ 0.6666%

After solving this,

Future Value: $449,866.95

N (Number of Periods) 420.000

(Interest Rate) 0.660

PMT (Periodic Deposit) $200.00

Starting Amount $0.00

Total Periodic Deposits $84,000.00

Total Interest $365,866.95

To learn more about  Future value refer,

brainly.com/question/14587551

#SPJ4

4 0
1 year ago
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