Before going to the cost and benefits, lets take a look first at the total of what Tim makes for the two jobs. In the first job, he is paid $7 per hour for 3 hours so that is $21 total for the first job. The second job offer is $10 per hour for two hours so that is $20 for the entire second job offer. If he is going to take the first job, he will have $1 more than the second job, however, he has to work an extra hour. However, if he takes the second job, he receives $1 less but has one hour more for himself. So if he were to take the second job, it will be more beneficial to him because he can get almost the same amount but doesn't need to work as hard
Answer:
If the marginal propensity to save is 0.12, the marginal propensity to consume(mpc) is 0.88, and the multiplier is 8.33.
Explanation:
From the question, we are given the following:
mps = Marginal propensity to save = 0.12
The marginal propensity to consume (mpc) and the multiplier can therefore be calculated as follows:
mpc = 1 - mps ........................ (1)
Substituting the values for mps into equation (1), we have:
mpc = 1 - 0.12
mpc = 0.88
Also, we have:
Multiplier = 1 / mps ..................... (2)
Substituting the values for mps into equation (2), we have:
Multiplier = 1 / 0.12
Multiplier = 8.33
Therefore, if the marginal propensity to save is 0.12, the marginal propensity to consume(mpc) is 0.88, and the multiplier is 8.33.
Answer:
C
Explanation:
c. ensuring that there is a good fit between the quality and service of a product at a fair price.
value Pricing is customer focused pricing. The price of the product is decided on the basis of customer's perceptions. All other three options do not meet the criteria to be called a tactic of value pricing. Having a good fit between the quality and service of a product at a fair price.
Answer:
The first investment is more profitable than the general market interest rate.
Explanation:
Giving the following information:
An investment will pay $202,000 at the end of next year for an investment of $182,000 at the start of the year. The market interest rate is 7.9% over the same period.
<u>To compare both options, we need to calculate the final value of investing the $182,000 in other investment that pays a 7.9% interest rate.</u>
We need to use the following formula:
FV= PV*(1+i)^n
FV= 182,000*(1.079)= $196,378
The first investment is more profitable than the general market interest rate.
When managing real estate transactions, real estate licensees can protect themselves by documenting and disclosing pertinent information.
Record and reveal important facts. Hint: Doing everything in their power to protect themselves is the only option for professionals who seek to advance and thrive in their chosen vocation. Documenting the disclosure of material facts, or information that could have an impact on the property's worth or desirability, is one way to accomplish this. The Borrower is not aware of any significant information that has not been provided to the Agent but that, in the event that it had been, could have reasonably been expected to have influenced a person's decision to make lending facilities of the kind contemplated by this Agreement.
Learn more about disclosing pertinent information here.
brainly.com/question/28203118
#SPJ4
