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Sindrei [870]
3 years ago
9

Quinn has job offers in Wrexington and across the country in Charlieville. The Wrexington job would pay a salary of $50,000 per

year, and the Charlieville job would pay a salary of $40,000 per year. The CPI in Wrexington is 150, and the CPI in Charlieville is 90. Refer to Scenario 24-4. The Charlieville salary in Wrexington dollars is Select one: a. $60,000.00 b. $26,666.67. c. $66,666.67. d. $24,000.00.
Business
1 answer:
vovikov84 [41]3 years ago
6 0

Answer:

c. $66,666.67.

Explanation:

Provided that

Wrexington job paying a salary for $50,000 per year

Charlieville job paying a salary for $40,000 per year

The CPI in Wrexington is 150

The CPI in Charlieville is 90

So, by considering the above information, the Charlieville salary in Wrexington dollars is  

= Charlieville job paying a salary ×  CPI in Wrexington ÷ CPI in Charlieville

= $40,000 × 150 ÷ 90

= $66,666.67

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If payments were made at the rate of $1183 per second, how many years would it take to pay off the debt, assuming that no intere
Neko [114]

Answer: 402 years

Explanation:

Debt is $15,000,000,000,000

Payment per second $1,183

Time taken to pay off = 15,000,000,000,000/1,183

= 12,679,628,064 seconds

Seconds in a year = 60 secs * 60 mins * 24 hours * 365 days

= 31,536,000‬ secs

Time taken in years = 12,679,628,064/ 31,536,000

= 402 years

6 0
3 years ago
Sean relocated to take a new job, and when he got sick he needed to find a doctor. He discovered during the visit that he didn't
Usimov [2.4K]

Answer:

The answer is: D) inseparability

Explanation:

Inseparability in marketing means that you can't separate the production of the service from its consumption.

In other words, the doctor who offers the service comes together with the service he offers.

The doctor may have treated Sean's health issues in a correct manner and probably helped to cure Sean, but if Sean doesn't like the doctor then he will not return. Sean can not separate the doctor form the service he delivers.

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3 years ago
Difference between authority and responsibility​
Orlov [11]

Answer:

An authority is a power to give orders and ask your subordinates to perform certain duties. Authority can be given to a person by government’s executives, owner of an organization, or by the representatives of GOD.

An authority is a legitimate power to influence people to compel them to perform the task given to them. For example, a mob has the power to punish a criminal, but they don’t have legitimate authority to punish the criminal.

The authority lies in the hands of the law. Similarly, in an organization, the authority lies in the hands of a manager to get organizational tasks accomplished by his subordinates.

However, the authority of the manager is limited to a particular department of the organization. He has no authority on his employees outside the organization.

Authority is the consequence of the position of an individual in an organization. A person can only be at the superior position of the organization if he has authority; a person with no authority can never be on the top position of an organization.

Therefore, the degree of authority is highest at the top level, and its degree keeps on decreasing the levels of the organization. That means only a person at the top level can give orders to the people at a low level and can compel them to perform tasks given to them, and a person at lower level can’t give orders to the people at the top or his peers.

Authority can be of two types such as official authority (where authority is given to a person by the organization he works for), and other is a personal authority (where authority is given to a person because of his ability to influence people in the organization.

What is the Responsibility?

Being responsible

Responsibility is a moral duty or an obligation of an employee, whether he is a manager or subordinate to fulfill the task given to them. The responsibility starts as soon as the job is assigned to the employee and finish with the completion of the task.

The person is responsible for the consequence of his performance in the task. The responsibility comes with authority.

A manager is responsible for the accomplishment of the task. The responsibility moves upwards in the organization from a lower level of employees to the upper level of management.

The responsibility is originated from the superior-subordinate relationship in an organization. Because of this relationship, the manager can do a task from his subordinates with responsibility.

Difference between authority and responsibility

Difference between authority and responsibility

AUTHORITY RESPONSIBILITY

An authority is a power or right that a person gets because of his designation, role, or job. A responsibility is an obligation that an employee has to fulfill the work bestowed on him

An authority is the outcome of a formal position in an organization. A responsibility is the outcome of a superior-subordinate relationship.

An authority is a legal right given to a person. A responsibility is consequence of authority.

It is a delegation of authority. It is an assumption of responsibility.

The flow of authority is from the upper level to lower level. The flow of authority is from lower level to upper level.

Authority requires the ability to give orders. Responsibility requires the ability to follow orders.

The authority lasts for a long period of time. The responsibility ends as soon as the work bestowed on the employee is complete.

The objective of the authority is to make decisions and implement them effectively. The objective of responsibility is to perform duties effectively assigned by the superiors.

5 0
3 years ago
Use the financial statement effects template to record the following transactions involving investments in marketable securities
Anna007 [38]

Answer:

1. Cash: decreases

Investment : increases

By 144,000= 12000×12

2. Cash: increases

Income : increases

By 24000= 2×12000

3. No effect

4. Cash: increases by 159000

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Profit: 15000

4 0
4 years ago
Which of the following statements about the price elasticity of demand is correct? The price elasticity of demand for a good mea
cupoosta [38]

Answer:

The answer is: The price elasticity of demand for a good measures the willingness of buyers of the good to buy less of the good as its price increases.

Explanation:

The price elasticity of demand measures the change in the quantity demanded of a product in relation to a change in its price.

The formula for determining the price elasticity of demand (PED) is:

PED = % of the change in Quantity Demanded / % of the change in price

If a good has a high PED (≥ 1) then it is called elastic, which means that any change in the price will change the quantity demanded in a greater proportion. If a good has a low PED (≤ 1) then it is called inelastic, which means that any change in the price will affect the quantity demanded in a smaller proportion.

Usually goods or services considered luxurious (e.g. gourmet cheese), tend to be very elastic (high PED). While products considered basic necessities (e.g. gasoline) tend to be very inelastic (low PED).

7 0
3 years ago
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