1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
IRINA_888 [86]
2 years ago
5

A consultant works for $200 per hour. She likes to grow vegetables, but is not very good at it. Why does it make more economic s

ense for her to spend her time at the consulting job and shop for her vegetables?
Business
1 answer:
galina1969 [7]2 years ago
3 0

Answer:

It is provided that the consultant works for $200 per hour.

Since, for the exchange of her services as a consultant she gets to be paid through $200 monetary benefit, such benefit will not arise in case of growing of vegetables.

Currently she grows vegetables only for her needs, thus, she do not sell them commercially, and also as provided she is not good ion growing vegetables,

The chances of earnings through sale of vegetables is less, as the quality and quantity both served will be low.

Also for exchange of money $200 she can buy all the resources she needs to live, but as she will not be able to earn this much from sale of vegetables, she will not find the economic equilibrium from such sale.

Therefore, she should continue to work as a consultant.

You might be interested in
Which of the following is an argument for free trade?
ipn [44]

i think it's" B" , from the explanation!

Explanation:

Free trade increases the size of the economy as a whole. It allows goods and services to be produced more efficiently. ... Free trade is good for consumers. It reduces prices by eliminating tariffs and increasing competition. Greater competition is also likely to improve quality and choice.

4 0
3 years ago
You are the beneficiary of a life insurance policy. The insurance company informs you that you have two options for receiving th
lara [203]

Answer:

E. You should accept the $200,000 because the payments are only worth $195,413 to you today

Explanation:

We solve for the presnet value of an annuity of 20 year of $1400 at 0.5% discount rate

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 1,400.00

time 240 (20 years x 12 month per year)

rate 0.005 (6% / 12 monhts = 0.5% = 0.5/100 = 0.005)

1400 \times \frac{1-(1+0.005)^{-240} }{0.005} = PV\\

PV $195,413.0804

7 0
2 years ago
We want to send all of our high-value customers a special VIP gift. We are defining high-value customers as those who have made
Setler79 [48]

Answer:

Customer ID HANAR

Customer Name Hanari Carnes

Order ID 10981

Total Amount 15810.00

Explanation:

Companies focus on Customer retention policies for high valued customers. The companies do not want to upset their high valued clients and lose a great part of their sales from these customers. In this question all the high valued customers are sent gifts by the company who has shop for $10,000 or more from the company this year. From the given list we have sorted the high valued customers based on this criteria.

4 0
3 years ago
When analyzing the key elements of a country's economic environment, it is best to apply a systems perspective?
Alenkasestr [34]
True. When you analyze the key elements of a country's economic perspective environment, it is best to apply a systems perspective. When you follow the systems perspective you should be taking all of the behaviors, attributes and actions of a system when it's in its environment. instead of individualizing people and things within, it's an overall evaluation of the system. 
4 0
3 years ago
Ramble On Co. wishes to maintain a growth rate of 8 percent a year, a debt-equity ratio of 0.37, and a dividend payout ratio of
Delvig [45]

Answer: 16.55%

Explanation:

Profit margin is the amount of earnings that a company has left when every expenses and costs have been deducted.

From the information given, firstly, we calculate the return on equity. This will be:

= Growth rate /(1 + Growth rate) × Retention ratio

= 8% / (1 + 8%) × 46%

= 0.08/(1 + 0.08) × 0.46

= 0.08/1.08 × 0.46

= 0.08/0.4968

= 0.1610

= 16.10%

Return on equity, ROE = 16.10%

We then calculate the profit margin. This will be:

= ROE / Asset turnover × Equity Multiplier

where,

Equity Multiplier = 1 + debt-equity ratio

= 1 + 0.37 = 1.37

Profit margin = ROE / Asset turnover × Equity Multiplier

= 16.10% / {(1/1.41) × 1.37}

= 16.10% / 0.71 × 1.37

= 0.1610 / 0.9727

= 0.1655

Profit margin = 16.55%

6 0
3 years ago
Other questions:
  • Environmentalists have continually argued for the use of alternatives to fossil fuels to generate energy. Harnessing wind power
    6·1 answer
  • According to COSO, a system of internal controls is designed to provide reasonable assurance about the achievement of entity obj
    7·1 answer
  • Buford Bus Manufacturing installs a new assembly line. As a result, the output produced per worker increases. The marginal cost
    14·1 answer
  • Goods that are created and used domestically are __________.
    5·2 answers
  • Which of the following statements about capitalism and socialism is correct?
    14·1 answer
  • What are some of the drawbacks from 2007 to 2009 you have encountered in your research for this discussion, why companies showed
    8·1 answer
  • Teenage workers are assumed to have ________ labor supply, therefore a 5% increase in wage would result in ________ percentage c
    11·1 answer
  • On January 15, 2021, Vancey Company paid property taxes on its factory building for the calendar year 2021 in the amount of $1,0
    12·1 answer
  • The number of international tourists visiting Asia and the pacific In 2010 was
    14·2 answers
  • Company ABC acquires company XYZ on 12/31/2016 in a share-for-share transaction worth $10 million. On 12/31/2016, XYZ financial
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!