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Bas_tet [7]
3 years ago
6

Suppose that you are a big fan of the Harry Potter books. You would love to own a copy of the very first printing of the first​

book, but unfortunately you​ can't find it for sale for less than​ $5,000. You are willing to pay at most​ $200 for a​ copy, but​ can't find one at that price until one day in a used bookstore you see a copy selling for​ $10, which you immediately buy. Are you being irrational if you keep the copy rather than sell it?
Business
1 answer:
Anastasy [175]3 years ago
7 0

Answer:

I consider it wouldn't be irrational

Explanation:

Since you have now a collectible book that, in a few years more from now would cost even more.

Must of the antiques that didn't cost to much in certain time now can be in auction and people make a lot of money with them.  

When you have a collectible you need to find Collector Clubs or dealers, search over the internet and compare prices and then you can determinate when it is a good moment to sell.

Hope It helps

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Manten is a popular brand of hiking boots. Its advertisements emphasize the experience of conquering unfamiliar terrain in the w
Helga [31]

Answer: Transformational advertising  

Explanation:

From the given case/scenario, we can state that this approach is an example of Transformational advertising. Transformational advertisement is referred to as or known as advertising which tends to associate experience of consuming advertised brand in association with unique parts of the psychological characteristics that are not typically associated with brand or the experience.

3 0
3 years ago
Jane must do a system each evening to copy and archive computer data that could be used if a compromise occurs
svetlana [45]
Jane must do a system each evening to copy and archive computer data that could be used if a compromise occurs. The process that Jane makes is referred to as back up. Back up process is the process of copying and archiving computer data so that the duplicate files can be used to restore the original data if a compromise occurs. 
8 0
3 years ago
Assume that investors can borrow and lend at risk-free rate of 5%. The optimal tangent portfolio on the efficient frontier has a
gizmo_the_mogwai [7]

Answer:

B. Portfolio B with E(R)=13% and STD=18%

Explanation:

The computation is shown below;

Reward to risk ratio = (15% - 5%) ÷ 20% = 0.5

The porfolio should be in line i.e.

= 0.05 + 0.5 × standard deviation

For portfolio A

= 0.05 + 0.5 × 25

= 17.5%

For portfolio C

= 0.05 + 0.5 × 1

= 5.5%

Portfolio B, the std is 18%

So,

= 0.05 + 0.5 × 18%

= 14%

5 0
2 years ago
The quantity theory of money is a theory of how A) the money supply is determined. B) interest rates are determined. C) the nomi
meriva

Answer:

C) the nominal value of aggregate income is determined

Explanation:

The quantity theory of money states that nominal aggregate income is determined by money supply. It is assumed that money velocity is constant in the short run and so would not impact nominal aggregate income.

The quantity theory of money is obtained from the equation of exchange which is:

(Money supply × velocity ) = (price × agregrate output)

Dividing both sides by velocity gives,

Money supply = (1/velocity) × ( price × agregrate output)

It is assumed velocity is constant, therefore,

Money supply = k × (price × agregrate output)

I hope my answer helps.

All the best

5 0
3 years ago
What is the simplest change that can be made to the budget to produce more savings next month? Add to fixed expenses. Decrease f
ivolga24 [154]

The answer to the question is (B) decreases food expenses.

Since the individual wants to reduce budget for a short period of time (within the next month) she should reduce his variable expenses – in which from the option is only decreasing food expenses. It is impossible for her to reduce her fixed expenses (rent, for example) and she should most definitely refrain from adding more. It is near impossible to add total income within such a short period of time as well.

6 0
3 years ago
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