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sashaice [31]
3 years ago
6

Elaine wants to buy and operate an ice-cream truck but doesn’t have the financial resources to start the business. She borrows $

10,000 from her friend George, to whom she promises an interest rate of 7 percent, and gets another $20,000 from her friend Jerry, to whom she promises a third of her profits. What best describes this situation?
Business
1 answer:
solmaris [256]3 years ago
5 0

Answer:

In financial terms, Jerry is a shareholder of Elaine's ice cream business and George is a bondholder.

Explanation:

Jerry is entitled to 33.3% of Elaine's ice cream business profit, so he owns a share of the businesses profit.

Elaine has to pay George $700 in interest for the money he lent her, the $700 would be the coupon and $10,000 the bond value.

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Answer:

c. cost-leadership strategy

Explanation:

Contour Autos tend to decrease the price of the product and that the quality served of the product is acceptable and not degraded. In this manner as against the normal industry the company supplies same quality goods at lower prices.

This decreases the cost for consumers and therefore, it is termed as Cost-Leadership strategy.

The Company tends to lead in the market through lower cost of goods supplied with the same quality.

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3 years ago
At their regular monthly meeting, a group of local brokers agrees that the introduction of "discount brokerages" in their area w
steposvetlana [31]

Answer:

would be considered collusion.

Explanation:

Collusion refers to an illegal agreement between two or more businesses that decide to cooperate together by setting prices or production quotas. This businesses should naturally compete against each other, not team up to charge higher fees. Collusion is illegal because it leads to unfair market advantages because they negatively affect competition.

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3 years ago
Hayden, a buyer for a medium-sized company, is assessing the value of competing software products for use in his firm. Which of
sveta [45]

Answer: A. Speech of delivery

Explanation:

When buying things like software, there are certain things that will determine the value apart from the monetary price. These include the ease of installation and the availability of training assistance.

With ease of installation, the fundamental question is if the software is easy or complicated to install. The easier it is the better. Also is there someone who can help the users be able to master the features of the software. This is availability of training assistance.

Now while speech of delivery can help in convincing Hayden to buy from a particular shop, it does not contribute to the value of the software.

6 0
3 years ago
Scarcity can be eliminated if
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Answer:

The scarcity is the key problem that the economics are trying to find an answer to and try to mitigate by making the resources more productive.

The scarcity arises because of 2 main factors,

  1. The human wants are Unlimited
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In theory, if we need to "eliminate" scarcity complete we should either Limit our Needs or find an Unlimited source of resources we require.

However, these are not practical solutions.

So because of this, economics try to utilize technology and other factors to harness the full potential of resources and to use them optimally.

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3 years ago
Carl started earning a paycheck and wants to invest some of what he earned. In this situation, why is it important for Carl to b
Alex_Xolod [135]
The reason that it is important for Carl to be financially literate is so that he can learn how to invest his own money and manage it properly so that it continues to grow. 
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3 years ago
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