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
hram777 [196]
4 years ago
12

An oral auction has bidders willing to pay $4, $6, $9, $12, $13, and $15 for an item. The winning bidder will pay a little more

than which of the following amounts?
a. $4.25
b. $13.25
c. $14.00
d. $15.00
Business
1 answer:
Fiesta28 [93]4 years ago
5 0

Answer: $13.25

Explanation:

From the question, we are informed that an oral auction has bidders willing to pay $4, $6, $9, $12, $13, and $15 for an item.

Based on the above scenario, the winning bidder will pay a little more than $13 or $13.25. This is because the bidder with the highest pay is willing to pay $15 but since the next person is willing to pay $13, that means the next bidder will price it at an amount that is a little bit above $13 which is $13.25.

You might be interested in
Which of these is not something to consider when trying to get a positive return on investment (roi) for higher education?
Fantom [35]

Something not to consider when trying to get a positive return on investment (ROI) for higher education is: c. the type of food that is offered on the meal plan.

<h3>What is rate of return?</h3>

Rate of return can be defined as a net gain (profit) or loss that is associated with an investment over a specified period of time, and it's usually expressed as a percentage of the investment's initial cost.

This ultimately implies that, the rate of return must be higher than the rate of inflation in order for any business firm or individual to earn money on their investments.

Also, a positive return on investment (ROI) entails a net gain (profit) from an investment over a specified period of time. This ultimately implies that, the type of food that is offered on the meal plan isn't something to consider when trying to get a positive return on investment (ROI) for higher education.

Read more on return on investment here: brainly.com/question/23603222

#SPJ1

Complete Question:

Which of these is not something to consider when trying to get a positive return on investment (ROI) for higher education?

a. The cost of attendance.

b. The financial aid package that is offered to you.

c. The type of food that is offered on the meal plan.

d. Your expected career income.

5 0
1 year ago
One bag of flour is sold for $1.50 to a bakery, which uses the flour to bake bread that is sold for $4.00 to consumers. a second
ale4655 [162]
GDP stands for gross domestic product. The GDP allows economist to measure the market value in terms of money. They are measuring the final good or service that is being offered to a customer over any given time. 

Since the first bag of flour is being sold to a bakery to make bread from and sell for $4.00 the GDP of this item is $4.00 because that is the cost a customer is paying.

The second bag of flour is sold to a customer for $2.00 in a grocery store and is the final cost a they are paying.

In this scenario, the GDP for the two products being sold to a customer is $6.00.
3 0
3 years ago
Well over 50% of all projects fail. Research and discuss how the planning process plays an important role in the success or fail
BigorU [14]

Answer:

Project planning plays an essential role in helping guide stakeholders, sponsors, teams, and the project manager through other project phases. Planning is needed to identify desired goals, reduce risks, avoid missed deadlines, and ultimately deliver the agreed product, service or result.

Explanation: The key in planning is to look at each of the knowledge areas below and make sure you and your team will address each of these areas in ways that will help reach all the end goals.

Communications

Costs

Human resources

Procurement

Quality of deliverables

Business requirements

Risks

Schedules

Project scope

Stakeholders

The key to a successful project is in the planning. Creating a project plan is the first thing you should do when undertaking any project.

Often project planning is ignored in favor of getting on with the work. However, many people fail to realize the value of a project plan for saving time, money and many problems.

7 0
3 years ago
Jess, Frank, and Ted are coworkers at Crossroad Inc. Having worked at CI for five years now, the three are discussing their care
Papessa [141]

Answer:

c. affective commitment.

Explanation:

Based on the information provided within the question it can be said that in this scenario Ted is exhibiting affective commitment. This refers to the level of degree in which a person "wants" to continue working at the company in which they currently work. For Ted, he wants to continue working at CI because of the relaxed atmosphere and his friends. He does not feel a sense of debt to the company or believes he "needs" to stay, but instead decides he "wants" to stay everyday.

8 0
3 years ago
Why would expanding the nation’s communications network be considered an increase in wealth, while improving the education of it
larisa86 [58]
To be honest i think that it is because the internet contains everythingnyou need to know. And it is also much more easy to use. Hope this helps!
4 0
4 years ago
Other questions:
  • In the country of Mashwen, the state owns key industries such as energy and transportation. The rest of the industries are priva
    10·1 answer
  • ​a psychologist gives the same test to a client twice. the tests are separated by six days. if the test results are quite diss
    5·1 answer
  • Workplace Messaging and Texting
    13·1 answer
  • A generation is about one-third of a lifetime. approximately how many generations have passed during the last 2,000 years?
    6·2 answers
  • to have demand, what must you have a) a desire for the item. b) the ability to pay for the item. c) the desire and the ability t
    11·1 answer
  • How much must be deposited today into the following account in order to have 35000
    14·1 answer
  • Suppose that Third National Bank has reserves of $20,000 and checkable deposits of $100,000. The reserve ratio is 20 percent. Th
    6·1 answer
  • In recent years, industries with high four- and eight-firm concentration ratios include cars, cereal breakfast foods, and farm m
    15·1 answer
  • Michael's, Inc., just paid $2.60 to its shareholders as the annual dividend. Simultaneously, the company announced that future d
    11·1 answer
  • Experts estimate that the average cost of a single B2B sales call is about _______, according to your text.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!