None of the options shows an alternative Tina has, a real alternative would be a credit card and cash ($190)
In economics, an alternative is an element that replaces or substitutes another. For an element to be considered an alternative it needs:
- To belong to the same category or have the same function.
- To be possible for the user to replace the first element using the alternative.
Based on this, let's analyze each of the options:
- Jacket and $100: These are not alternatives because Tina wants a jacket and this product cannot be replaced with money as money will not protect Tina from cold weather.
- Shoes and a jacket: These are not alternatives because Tina wants the two products not only one.
- Credit card and $100: These would be alternatives if the total cost was $100. However, using a credit card Tina can pay for both products but using $100 she can only pay for one of the products.
Therefore, the options do not present alternatives; but one valid alternative is a credit card and $190.
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Answer: OPTION D
Explanation: Sustainable development means consuming natural resources in such a way that the needs of today gets fulfilled without hindering the needs of future generations .
A. Consuming more capital today will result in more depletion of natural resources that are limited in amount thus there would be no sustainable development.
B. This case study relates to sustainable development which depends on limited natural resources thus society does not have the option to invest it .
C. The case study relates to natural resources which are provided by the nature human resource plays no major role in sustainable development.
D. Only consuming natural resources in an efficient manner would result in sustainable development.
Answer:
0.40
Explanation:
The four firm concentration ratio = 10%+ 10% + 10% + 10% = 40% =0.40
I hope my answer helps you
Answer:
$570,000
Explanation:
At the time of recording of the fixed assets, the fixed assets should be reported at purchase cost or historical price or originally cost or acquiring cost, whether all other values are given i.e appraisal value, the seller purchased value, similar warehouse book value, etc
So, in the given case, it would be recorded at $570,000 as the buyer purchase the building at this cost only.
Answer:
The beta coefficient for Stock L that is consistent with equilibrium
Explanation:
According to Capital Asset Pricing Model, the formula to compute expected rate of return is equals to
Expected rate of return = Risk free rate of return + Beta × (Market risk - risk free rate of return)
where,
rRF = risk free rate of return
rM = market risk
Stock L that is consistent with equilibrium is expected rate of return which equals to = 9.25%
So,
9.25% = 3.6% + Beta × (8.5% - 3.6%)
9.25% = 3.6% + 4.9% Beta
9.25% - 3.6% = 4.9% Beta
5.65% = 4.9% Beta
Beta = 5.65% ÷ 4.9% = 1.15
Hence, the beta coefficient for Stock L that is consistent with equilibrium is 1.15
