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4 years ago

What is a budget constraint and what is the formula

1 answer:

3 0

Represents all the combinations of goods and services that a consumer may purchase given current prices within his or her given income.

the formula is y=Pb B + Pw W

Hope that helped!

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Emma is a recent college graduate who is unmarried and has no children. Which of the following benefits would be of least import

natali 33 [55]

Answer:

C. Life insurance

4 0

3 years ago

Most franchise experts recommend that the FDD be examined carefully by

VashaNatasha [74]

The correct answer for this question is:
Most franchise experts recommend that the FDD be examined carefully by "(B) a franchise attorney and an accountant." Franchise Disclosure Document or FDD is a legal document which is presented to prospective buyers of franchises in the pre-sale disclosure price.

8 0

4 years ago

Dunn received 100 shares of stock as a gift from Dunn's grandparent. The stock cost Dunn's grandparent $32,000, and it was worth

Romashka-Z-Leto [24]

Answer:

The amount of gain or loss that DUNN should report is $0.

Explanation:

Here we have to take out what would be the gain or loss for Dunn when he sells the stock given to him as a gift by his grandparents. Here we have to clear out what would be the Dunn basis for gain or loss, so that we can tell whether he earned a gain or loss.

For Dunn to take out the basis for gain would be similar to the donors ( in this case his grandparents ) basis for gain which is $32,000 AND Dunn has sold the stock for $29,000, so he definitely hasn't made the gain.

For Dunn to take out the basis for loss , he will suffer loss when if the amount at which he sells the stock is less than the amount which was at the date of transfer of stock $27,000, and as it is given he sells the stock at $29,000 , which is more than $27,000, so he definitely hasn't suffered loss also.

Thus we can say that he has neither suffered loss nor earn a gain.

5 0

3 years ago

A money market account paid annual interest of 4.8% in June and 4.91% in July. A two-month, time deposit account pays 4.87% annu

Inga [223]

Answer:

The time deposit account earned $0.37 more than the money market account.

This is so minimal and insignificant that it does not make a noticeable difference and the deposit could be put in any of the two accounts without the depositor suffering any disadvantage.

In practice, the time deposit earns more on the average than the money market account, because it has a stated period unlike the money market account that is always fluid.

Explanation:

a) Data and Calculations:

Money market account:

Interest rate in June = 4.8%/12

Interest rate in July = 4.91%/12

Deposit in account = $15,000

Interest earned in June = $60 ($15,000 * 4.8%/12)

Interest earned in July = $61.38 ($15,000 * 4.91%/12)

Total interest earned in June and July = $121.38

Time deposit account:

Interest rate in June and July = 4.87% * 2/12

Deposit in account = $15,000

Interest earned in June and July = $121.75 ($15,000 * 4.87% * 2/12)

8 0

3 years ago

According to the acquired needs theory, people who have a high need for affiliation:

gtnhenbr [62]

Answer:

b. are successful "integrators' whose job is to coordinate the work of departments.

Explanation:

In psychology, the "acquired-needs theory" was proposed by David McClelland and is referred to an individual's particular needs that are being acquired or gained over time and therefore it is being shaped by his or her different life experiences.

An individual who is experiencing high needs for affiliation desires to get warm "interpersonal approval and relationships" from the people with whom he or she consists of regular contact. A strong bond with the other person makes him or her feels that he or she is important for the other person.

8 0

3 years ago