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Sveta_85 [38]
3 years ago
12

Your professor hands you a piece of paper with the number 75 on it and tells you this is your current average in the class. Sinc

e this is your fourth year as a college student, you know you could work hard to bring that average up to a B by the end of the semester. This is ________.A. informationB. knowledgeC. wisdomD. data
Business
1 answer:
zzz [600]3 years ago
3 0

Answer:

Your professor hands you a piece of paper with the number 75 on it and tells you this is your current average in the class. Since this is your fourth year as a college student, you know you could work hard to bring that average up to a B by the end of the semester. This is data.

D. data

Explanation:

To understand what data is, consider the explanation below;

1. Data: data is a piece of raw information that can be converted to useful information. They are facts and statistics usually derived from observations and study that once processed and analysed, useful information can be extracted from it. Data can be analysed in different ways depending on the expected results. In the modern age, data is very important since they provided a factual basis for theories. Data can be processed manually or through the use of software applications.

An example of data is the score that the professor gave you which is 75, this score implies a specific grade ranking. This data was useful to you, since you analysed it and came to the conclusion that by working hard you can average this score up to a B by the end of the semester. The process through which you took the data which is 75, analysed it by comparing it to the grading system and coming to a conclusion is an example of data processing.

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Suppose that you have been hired to analyze the impact on employment from the imposition of a minimum wage in the labor market.
kolbaska11 [484]

Answer:

The competitive market equilibrium wage is $  10   per hour.

The competitive market equilibrium quantity of labor is 70 thousand workers.

With a minimum wage of $ 12 per hour, the surplus will be 20 thousand workers.

Explanation:

We set up the equation system:

\left \{ {{\a L_d = 100 - 3W} \atop {\a L_s = 7W}} \right.

If Ld = Ls then:

100 - 3w = 7w

100 = 10w

100/10 = w = 10

and now we solve for L

L = 100 - 3*10 = 100-30 = 70

L = 7*10 = 70

(II)

If w = 12

Ld 100 - 3*12 = 64

Ls 7*12 = 84

Surplus 20 thousands

5 0
3 years ago
In three or four sentences, describe why the vice president in a company makes a very high salary while a person who works in hu
o-na [289]

Answer:

Please see the answer below

Explanation:

A vice-president typically has a high level of responsibility in the company as compared to the HR Professional. VP oversees a significant portion of the company as well as to look after the all the company’s functions when CEO is not available. While the person in Human Resource is limited responsibility and should not be compared with VP. The Vice President salary is also commensurate with the amount of expertise, previous experience and the amount of risk that is associated in performing the duties of the post to keep the company profitable and in good standing.

5 0
3 years ago
Which of the following is a true statement about a marketing plan?
4vir4ik [10]
The right answer for the question that is being asked and shown above is that: " Changes to the marketing plan are acceptable, but only in the earliest stage." Marketing plans <span>are business activities involved in accomplishing specific </span>marketing<span> objectives within a set time frame.</span>
8 0
4 years ago
Derek is a high school student who is currently taking a course in personal
Nostrana [21]

Answer:

If he starts practicing saving money and budgeting while he is young, it will help him in the future when he is trying to save up for a house or trying to make a budget for how much he wants to spend on his future house. If he spends all of this money as a teenager, he won't have any money saved up for things that he needs.

7 0
3 years ago
Miller's office building with an adjusted basis of $625,000 and a fair market value of $885,000 is condemned on December 30, 201
Amiraneli [1.4K]

Answer:

1a. Recognized Gain $20,000

1b. Basis $625,000

Explanation:

1a. Calculation for Miller's recognized gain using this formula

Miller's recognized gain =Condemnation award-Costs of building a new office

Let plug in the formula

Miller's recognized gain=$850,000-$830,000

Miller's recognized gain=$20,000

Therefore Miller's recognized gain will be $20,000

1b.Miller's basis

Based on the information given we were told that Miller's office building had an adjusted basis of the amount of $625,000 which simply means that Miller's BASIS for the new office BUILDING will be the amount of $625,000

Therefore the Basis is $625,000

4 0
3 years ago
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