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Anettt [7]
3 years ago
14

Which of the following circumstances is most likely to reduce one's standard of living?

Business
1 answer:
Dovator [93]3 years ago
7 0

Answer:

1. An increase in the cost of some goods such as escalating gasoline prices.

Explanation:

The standard of living refer to a comfort level, the goods, and the material, necessities and wants that are available to a person

In case when there is a decline in standard of living so it is due to the increased in price as it reduced the purchasing power of the consumer

If the price of the goods increased, then the quantity demanded decreased as per the law of demand

Therefore in the given case, the option A is correct

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After a bank reconciliation is complete, which of the following types of adjustments should be journalized?
Annette [7]

Answer:

c

Explanation:

3 0
3 years ago
A firm in a purely competitive industry has a typical cost structure. The normal rate of profit in the economy is 5 percent. Thi
Nadya [2.5K]

Answer: The answers are given below

Explanation:

a. What is its percentage rate of return?

From the question, we are told that the firm is earning $5.50 on every $50 invested by its founders. The percentage of return will now be:

= $5.50/$50 × 100%

= 0.11 × 100%

= 11%

b. Is the firm earning an economic profit? If so, how large?

The economic profit will be the difference that exists between the percentage of return which is 11% and the normal rate of profit which is 5%. This will be:

= 11% - 5%

= 6%

The firm is earning economic profit of 6%.

c. Will this industry see entry or exit?

There will be entry into the industry. This is because the percentage of return which is 11% is greater than the normal rate of profit which is 5%.

d. What will be the rate of return earned by firms in this industry once the industry reaches long-run equilibrium?

The rate of return earned by firms in this industry once the industry reaches long-run equilibrium will be 5% which is the normal rate of profit in the economy.

4 0
3 years ago
The closing stage in the selling process involves obtaining a purchase commitment from the prospect. This stage is the most impo
tankabanditka [31]

Answer:

Telltale signals indicating a readiness to buy include questions , financial negotiation, and counteroffers answers

Explanation:

The closing stage of a business is the last stage of closing out a sales process after going through the approach , discovery,presentation and handling objection stages

At this point , every effort has been made to convince a potential client in buying the offered product and a response is keenly expected from him .The benefits of the purchase can still be reassured to him in a closing remark with with powerful words of conviction.

At this point , the seller should look out for the telltales signal of purchase in order to determine his next line of action.

3 0
4 years ago
Which two things do CRM methods accomplish?
Artist 52 [7]

Answer:

I think it's make decisions

Explanation:

"CRM is a set of methods that companies use to <em>understand </em>customers. These methods <em>make decisions</em> regarding the selected customer segments"

3 0
3 years ago
Read 2 more answers
You are considering investing in a GM bond with 7 years to maturity. The face value of the bond is $1,000. The coupon rate is 6%
Lapatulllka [165]

Answer:

Price of bond is = $ 1057

Explanation:

As we know that;

Price of bond = C * [1-(1+r)∧-n] / r  +   F / (1+r)∧n

where C = periodic coupon payment = 1000 * 6%= 60

         F = Face value of bond = 1000

        r = yield to maturity = 5% = 0.05

        n = number of periods till maturity = 7 years

         Putting values;

              = 60 * [ 1- (1+ 0.05)∧-7 ]/ 0.05  +  1000 / (1+0.05)∧7

              = 60 * (0.2893 / 0.05) +   710

             =  60 * 5.786 +  710

              =  347.16 +710

              =  1057

6 0
3 years ago
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