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Alik [6]
3 years ago
12

Macroeconomics DeShawn has spent $600 purchasing and repairing an old fishing boat, which he expects to sell for $900 once the r

epairs are complete. DeShawn discovers that, in addition to the $600 he has already spent, he needs to make an additional repair, which will cost another $400, in order to make the boat worth $900 to potential buyers. He can sell the boat as it is now for $400. What should he do?
Business
1 answer:
Lisa [10]3 years ago
5 0

Answer:

The answer is: If he pays the extra $400 needed to complete the repairs, DeShawn will reduce his losses to $100 ($900 - $1,000). It is better than losing $200.

Explanation:

If DeShawn sells the boat now for $400 he will have lost $200. But if he decides to complete the repairs on the boat, investing the extra $400, and sells the boat for $900, he will have only lost $100.

If he pays the extra $400 needed to complete the repairs, DeShawn will reduce his losses to $100 ($900 - $1,000). It is better than losing $200.

You might be interested in
(a) how are bonds rated? (b) how are these rating helpful to the investors?​
Jet001 [13]

Answer:

a) Bond rating is done by evaluating and considering all the relevant internal as well as external factors associated with the financial status of a business.

b) Bond rating helps in analysing the risk associated with the bond by analyzing its credit quality and thus helps investors taking decisions related to their investments.

Explanation:

a) Bond-rating is the letter grading system that is used to indicate the quality of the credit-related to the bond of various organizations. Bond-rating is done by evaluating and considering all the relevant internal as well as external factors associated with the financial status of a business. Internal factors may include the financial strength of the organization. External factors may include various networks with interested investors and other government organizations and policies related to the same.

There are three important agencies that analyze the credit quality of a bond. These agencies are Standard & Poor's, Moody's, and Fitch rating Inc.

b) Bond-rating help in analyzing the risk associated with the bond by analyzing its credit quality and thus helps investors taking decisions related to their investments. It helps the investors to study the stability and quality of a bond. Hence, higher-rated bonds are considered to be more stable and appropriate for investment purposes.

7 0
3 years ago
The price of a gallon of gasoline was $0.35 in 1972 when the CPI equaled 0.418. The price of a gallon of gasoline was $2.25 in 2
lana66690 [7]

Answer:

increased

Explanation:

Data provided in the question:

Price of a gallon of gasoline in 1972 = $0.35

CPI in 1972 = 0.418

Price of a gallon of gasoline in 2005 = $2.25

CPI in 2005 = 1.68

Now,

Real cost in 1972 = [ Nominal cost in 1972 ] ÷ [ CPI in 1972 ]

= $0.35 ÷ 0.418

= $0.837

Real cost in 2005 = [ Nominal cost in 2005 ] ÷ [ CPI in 2005 ]

= $2.25 ÷ 1.68

= $1.34

Hence,

The price of gallon of gasoline increased between 1972 and 2005

3 0
3 years ago
Companies that outsource research and development and design jobs:
MissTica

Answer:

The correct answer is letter "B": run the risk of overseas companies using the information to produce competitive products.

Explanation:

Outsourcing is an approach used by companies to take part of their operations abroad where labor costs and materials are cheaper. This is a good strategy to avoid being subject to stiff regulations imposed by the government that could affect the business.  

Though, <em>the disadvantages of outsourcing rely on the loss of the quality control of the output, assigning duties to the unskilled workforce or the fact that the outsourced manufacturers can filter the technology of the company to competitors to produce imitations.</em>

4 0
4 years ago
In social network analysis __________ stress(es) the importance of ties connecting heterogeneous people—helping to ensure a wide
murzikaleks [220]

Answer:

<u>Bridging relationships</u>

Explanation:

Social networking analysis refers to analyzing the interaction between different social groups, people and individuals of an organization.

Such an analysis establishes linkage between diverse people who differ in their attitudes, beliefs and demeanor.  

Such an analysis is aimed at gaining an understanding of a group and it's dynamics, it's key members and deciphering the nature of their association.

Bridging relationships refers to bridging or reducing the gap between a group and laying emphasis upon the relations via which diverse people are interconnected and information is shared between them.

8 0
3 years ago
When a proposed merger between two companies is reviewed by the government, the relevant market is defined by ________.
sukhopar [10]

Answer:

whether or not there are close substitutes for the products of the two firms

Explanation:

The law watches closely for mergers that actively seek to inhibit or totally annihilate competition in the market which will be harmful for consumers. Mergers such as horizontal mergers, vertical mergers tend to bring about a monopoly whereby sellers aim to coordinate in a such a way that there is an agreement amongst them and profit is ensured while market becomes less efficient.

3 0
3 years ago
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