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Studentka2010 [4]
3 years ago
7

Identify the three uses of money and give an example of each.

Business
1 answer:
Ierofanga [76]3 years ago
3 0
Medium of exchange - you can buy stuff with it store of value - you can save it up and buy stuff with it later measure of value - you can say that your parent's how was worth $200K before the crisi.
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Identify whether each of the following statements best illustrates the concept of consumer surplus, producer surplus, or neither
alina1380 [7]

Answer:

producer surplus

consumer surplus

neither

Explanation:

Consumer surplus is the difference between the willingness to pay of a consumer and the price of the good.

Consumer surplus = willingness to pay – price of the good

The highest amount i was willing to buy the watch is $71 but the price was $65. this illustrates a consumer surplus

Producer surplus is the difference between the price of a good and the least price the seller is willing to sell the product

Producer surplus = price – least price the seller is willing to accept

The least amount the textbook seller was willing to sell was $48 while the price the textbook was sold was $54. thus, a illustrates a producer surplus.

for statement c, a transaction did not take place, so, it is neither a producer or consumer surplus

5 0
3 years ago
Alabaster Incorporated wants to be levered at a debt to value ratio of .6 . The cost of debt is 9%. the tax rate is 35% and the
Aleks [24]

Answer:

14.925%

Explanation:

Cost of equity = Unlevered Cost of Equity + (Unlevered Cost of Equity - Cost of debt)*Debt to value ratio / (1-debt to value ratio)*(1-Tax rate)

Cost of equity = 12% + (12%-9%)*0.6/(1 - 0.6)*(1 - 35%)

Cost of equity = 0.12 + 0.018/0.4*0.65

Cost of equity = 0.12 + 0.02925

Cost of equity = 0.14925

Cost of equity = 14.925%

So, Alabaster's cost of equity will be 14.925%.

4 0
3 years ago
In early economic history money was not always available and transactions occurred through ____________ which was often very dif
Yuri [45]
Trade
-----------------
7 0
3 years ago
Costco Wholesale Corporation collects annual non-refundable membership fees from customers. When should Costco recognize revenue
mixer [17]

Answer:

B. Evenly over the membership year

Explanation:

8 0
3 years ago
How do i change the tracks on friday nights funkin, fnf, online game?
saveliy_v [14]

Answer:

you need to click on the tracks button and then you can switch from there

Explanation:

4 0
3 years ago
Read 2 more answers
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