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hichkok12 [17]
3 years ago
7

Which of the following are trade-offs faced by a family deciding whether to buy a new car?

Business
1 answer:
Pani-rosa [81]3 years ago
3 0

Answer:

-  An increase in the family's car payment means the family will be unable to afford a vacation.

- A newer model offers better protection and functions but is more expensive than an older model.

Explanation:

A trade off is synonymous to opportunity cost. It occurs when one forgoes a best alternative when they chose another. In this case, if this family chooses to buy a new car, you answer the question by looking at the next best thing they are giving up. That could be a vacation; they may not afford it since they would spend the money to buy the car. Additionally, a new car has new parts and is safer than an old car but it costs more; that's also a trade-off.

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Here is some price information on Fincorp stock. Suppose first that Fincorp trades in a dealer market. Bid Asked 55.25 55.50 a.
Artemon [7]

Answer:

a. Your trade will be executed at the bid price of 55.25.

b. Your trade will be executed at the ask price of 55.50.

Explanation:

First note that:

The bid price is the highest price a buyer will pay for a security.

The ask price is the lowest price a seller will accept for a security.

Therefore, we have:

a. Suppose you have submitted an order to your broker to buy at market.  At what price will your trade be executed? (Round your answer to 2 decimal places.)

Since you are the buyer, your trade will be executed at the bid price of 55.25. This is because the bid price is the highest price you as a buyer will pay for a security.

b. Suppose you have submitted an order to sell at market. At what price will your trade be executed? (Round your answer to 2 decimal places.)

Since you are the seller, your trade will be executed at the ask price of 55.50. This is beecausee the ask price is the lowest price uou as a seller will accept for a security.

7 0
2 years ago
Lounge Lizard, a website and mobile app design company for small businesses, receives the majority of its new customer leads fro
Liula [17]

Answer:

Web-based social networking, recordings, email, web content, versatile content push offers  

Long Lizard gets most of its client leads from web looked or other online sources. Thus it will be smarter to utilize online media like internet based life, recordings, email, web content, portable content push offers to get quicker reaction from more extensive crowd at moderately less expensive rate. Different alternatives given are more established strategies, exorbitant and furthermore set aside some effort to contact a more extensive crowd. At the point when the clients lean toward new media like online hotspots for arriving at the organization, the organization ought to likewise give a similar medium to promoting correspondence. Consequently the appropriate response is third alternative.

8 0
3 years ago
The formula Nequalspplus0.02p models the new​ population, N, of a town with current population p if the town is expecting popula
Llana [10]

Answer:

4284 persons

Explanation:

The new population of the town will be computed as:

Increase in population = Current population × Increase in population %

where

Current population is 4200 persons

Increase in population % is 2%

Putting the values above:

= 4200 persons × 2%

= 84 persons

So, the new population would be:

New population = Current population + Increase in population

= 4200 + 84 persons

= 4284 persons

Therefore, next year, there would be 4284 persons

5 0
3 years ago
A characteristic of FICA is that:
stepladder [879]

Answer:

The correct answer is letter "A": None of these.

Explanation:

The Federal Insurance Contributions Act (FICA) is a U.S. law that requires a paycheck deduction to be paid to Social Security and Medicare. Employers and employees share half the payments. Self-employed people are responsible for the entire tax amount.

8 0
2 years ago
Q 7.39: In a small-town retail store, the sales clerk is responsible for counting the cash in the cash register and comparing it
denis23 [38]

Answer: b.segregation of duties

Explanation:

Segregation of duties as an internal control ensures that there are multiple people doing activities that if left to one person can leave the company at the risk of fraudulent activity. It also helps to reduce the incidence of errors in reporting because more than one person will be cross-checking transactions.

There should be more segregation of duties in this small-town retail store. For instance, the sales clerk should not be responsible for both the counting and comparison to the cash register tape because they could have omitted sales from the machine and then simply taken the money from the cash when counting. A different person should count the cash to see if it tallies with the cash register tape.

5 0
3 years ago
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