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Misha Larkins [42]
3 years ago
5

Harold, a delivery man, washes and irons his own shirts. Sarah, his boss, sends her clothes to a laundry. Which is the most plau

sible economic explanation for this difference?
a.Harold must enjoy ironing more than Sarah does.
b.Harold must be better at ironing than Sarah is.
c.The opportunity cost of ironing is greater for Harold.
d.Sarah has a higher opportunity cost of laundering her clothes than Harold does.
Business
1 answer:
marusya05 [52]3 years ago
8 0

Answer: Sarah has a higher opportunity cost of laundering her clothes than Harold does.

Explanation:

The opportunity cost is the cost of choosing an option out of a set of available options to an individual. Sarah is wealthier than Harold, therefore sending her clothes to the laundry is easier for her than it is for Harold, therefore Sarah has a higher opportunity cost than John doing laundry, because she can easily pay to get the Job done, which is not the case for John.

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<span>The answer in the blank is that employment of low-skilled workers increased in July. This is because the rate of the minimum wage increased by July compared to that of June. So there will be more employment process due to the increase of the salary, because more skilled workers wants to grab the opportunity of the increased salary.</span>
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Essay about an private company​
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What does difficult to find finance mean?
WARRIOR [948]

a condition or state of affairs almost beyond one's ability to deal with and requiring great effort to bear or overcome. "grappling with financial difficulties"

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2 years ago
Cleaverland purchased 100% of Omaha on January 1, 2019 for $650,000. On that date, Omaha's stockholders' equity was $650,000, an
zzz [600]

Answer:

$960,000

Explanation:

The balance in equity investment made by Cleaverland in Omaha as at December 31, 2020 shall be determined using the following method:

Purchased price of Cleaverland as at January 1, 2019    $650,000

Net income for the year 2019                                            $150,000

Net income for the year 2020                                           $190,000

Less: Dividend paid by Omaha to Cleaverland                ($30,000)

Balance as at December 31, 2020                                   $960,000

5 0
3 years ago
Your father is now planning to retire, and his employer has promised him a guaranteed, but fixed, income of $50,000 per year for
ohaa [14]

Answer:

(C) 18,844.47

Explanation:

You need to use the  Inflation-Adjusted Return formula:

InflationAdjustedReturn=\frac{1+return}{1+inflationrate}-1

So, basically you need to calculate it year by year. You can use excel, or an online calculator. I will attached you a link where you can find a good one. But this would be the process

InflationAdjusted ReturnYear1=\frac{1+return}{1+inflationrate}-1=\frac{1+50000}{1+0.05}-1=47,619

InflationAdjusted ReturnYear2=\frac{1+returnyear1}{1+inflationrate}-1=\frac{1+47,619}{1+0.05}-1=45,351

InflationAdjusted ReturnYear3=\frac{1+returnyear2}{1+inflationrate}-1=\frac{1+45,351}{1+0.05}-1=43,192

And so on...

InflationAdjusted ReturnYear20=\frac{1+returnyear19}{1+inflationrate}-1=\frac{1+19,787}{1+0.05}-1=18,844

Keep in mind that I did not write all decimals. You need to consider them if you want an exact answer

Online calculator:

https://www.ameriprise.com/research-market-insights/financial-calculators/savings-taxes-inflation/

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3 years ago
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