David (whoever that is) will most likely tell her to wait and save more money for an emergency
Answer:
Inventory TurnOver 8.35
Days outstanding 43.71
Average days outstanding 21.86
Explanation:
Inventory TO 8.35
This means the inventory is being sold 8.35 times during the year
Days on Inventory 43.71
The entire inventory is being replaced every 43.71 days
If we assume the batch is sold uniformly over those days
then the haverage wil lbe half of the days outstading:
43.71 / 2 = 21,855 = 21.86
Inflation or Deflation, the economics concept is greatly simplified here but that is the word they are looking for.
Answer:
A. A superior risk-return trade-off
Explanation:
In a normal and efficient market a professional portfolio management service is able to offer Low-cost diversification, A targeted risk level, and even a Low-cost record keeping. What they cannot offer is a superior risk-return trade-off, this is because risk-return holds a very correlated trade-off in which the higher amount of risk your portfolio holds the higher returns you can get from it, but this does not get rid of the risk which can cause you to lose all of your money. Therefore "superior" is unnachievable.
Answer:
A single firm produces a product with no close substitutes and control over the market price.
Explanation:
Monopoly is the uncontested exploitation of a business or industry, by virtue of a privilege. It is the possession or the right in an exclusive character. To have the monopoly is to possess or to enjoy the exploitation in an abusive way, is to sell a product or service without competitor, by high prices. From the Greek monos, which means "one" and "polein" meaning "to sell".
