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guapka [62]
3 years ago
15

Describe a real or made up but realistic example of earned income that you or someone you know has received. What type of work w

as the income from? Was the income in the form of a salary or wages?
Business
1 answer:
makkiz [27]3 years ago
8 0
A friend has earned income from babysitting children in her neighborhood. She earned $15 per hour that she babysat so the income was in the form of an hourly wage.
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The Custom Halloween Company purchases a new sewing machine to replace an older machine with limited capabilities. The first wee
ELEN [110]

Answer: Capital investment in new machinery  

Capital investment in new machinery enables a company to produce more over a given period of time as compared to the old machine.  

It also helps the company to take advantage of new orders in the markets and helps it increase its share in catering to the demand for its products


7 0
3 years ago
Read 2 more answers
Suppose Hubert and Kate are playing a game in which both must simultaneously choose the action Left or Right. The payoff matrix
FinnZ [79.3K]

Answer:

Best response for Kate  

If Hubert chooses left, Kate would have to choose Right so that Kate can make a payoff of 5.  

If Hubert chooses right, Kate would still choose right to make a payoff of 5.

Best response for Hubert  

If Kate chooses left, Hubert would choose Left to get a payoff of 8.  

If Kate chooses right, Darnell would choose right so as to make a payoff of 6.

The dominant strategy is the one that a player can pick regardless of the action of the other play.

<h2><em>The only dominant strategy in this game is for </em><em><u>Kate</u></em><em> to choose </em><em><u>right.</u></em></h2>

Kate will choose right regardless of what Hubert does because it will give the higher payoff. This is the dominant strategy.

<h2><em>The outcome reflecting the unique Nash equilibrium in this game is as follows: Hubert chooses </em><em><u>right</u></em><em> and Kate chooses </em><em><u>right</u></em><em>.</em></h2>

Kate will always choose right which would prompt Hubert to pick right as wel as as to make a payoff of 6.

7 0
3 years ago
The price of a Honda Accord
Sindrei [870]

Answer:

d. is a nominal variable and the price of a Honda Accord divided by the price of a Honda Civic is a real variable.

Explanation:

In domain of economics, nominal varable are value that can be measured in terms of it's monetary value of the price that exist at that particular period of time. For instance blood type and genotype.

real value on the other hand is been measured based on goods/services, it's is the value even when inflation has set in.

3 0
3 years ago
Assume that you invest 5 percent of your salary and receive the full 5 percent match from East Coast Yachts. What EAR do you ear
Anastasy [175]

Answer:

The EAR you earn from the match is 100%.

Explanation:

Since a full 5 percent match will be received if 5 percent of your salary is invested, this implies that 100% will be earned by you from the match up to 5%.

For example, if 5 percent of your salary that you put in is $200, the East Coast Yachts will match the $200. This indicates that effective annual return (EAR) earned by you from the match is 100%.

Therefore, the EAR you earn from the match is 100%.

4 0
3 years ago
max fischer is a beekeeper. his annual group insurance costs 11,700. his employer pays 60% of the cost. how much does max pay se
jasenka [17]

To solve for the semimonthly payments on Max's insurance cost:

Annual insurance rate: $11,700

Employer pays 60%

What is Max's amount to pay?

(11,700)(.60) = $7,020

Max's employer pays $7,020

Max pays $4,680 (11,700-7,020)

If Max pay's $4,680 a year and we want to know but he pays semimonthly, or twice a month then we need to divide his annual payment by 24 since there are 12 months and he pays twice a month.

($4,680/24)= $195

Max pays $195 semimonthly for his insurance.

6 0
3 years ago
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