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USPshnik [31]
3 years ago
10

3. What is expressed in decimal form?a. 0.58b. 5.8c. 1.6d. 625​

Business
1 answer:
inessss [21]3 years ago
5 0

Answer:

0.58

Explanation:

because after decimal point there will be two numbers

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You and your college roommate eat three packages of Ramen noodles each week. After graduation last month, both of you were hired
inn [45]

Answer:

The answer to this question is b. Yours will be positive and your roommate's would be negative.

Explanation:

Income elasticity of demand is the degree of responsiveness of demand to changes in income. In other words, it measures how changes in income of consumers will affect the quantity of commodities demanded by such consumers.

An income elasticity of demand can be positive or negative.

It is positive, when an increase in income leads to an increase in the quantity demanded by the customer. However it is referred to as negative when an increase in income leads to decrease in the quantity demanded by the consumer.    

In  the question above, it can be seen that the increase in income of the first person brought about increase in the commodity demanded thereby making his income elasticity of demand positive. one the other hand, the increase in the income of his roommate, brought about decrease in his demand which translate to the fact that his income elasticity of demand would be negative.

Hence the answer given.

4 0
3 years ago
The reason a professional such as a lawyer or doctor would incorporate his/her business is
Nesterboy [21]

Answer:

(3) to protect his/her other assets with limited liability.

Explanation:

The reason a professional such as a lawyer or doctor would incorporate his/her business is to protect his/her other assets with limited liability. Limited liability will be very good option for the professionals such as lawyer and doctors because it provides a sense of security. Limited liability secures the owners from any kind of loss if happens in business. Although, it is obviously much costlier but personal assets of the owners are also secured in the case if the business goes bankrupt therefore, it is the very best option for the professionals.

7 0
2 years ago
A company borrowed $10,000 by signing a 180-day promissory note at 9%. The total interest due on the maturity date is: (Use 360
ExtremeBDS [4]

Answer:

$450

Explanation:

Calculation for the total interest due on the maturity date

Using this formula

Total interest=(Amount borrowed × Percentage of promissory note ×1/2)

Let plug in the formula

Total interest =$10,000 x 0.09x 1/2

Total interest= $450

Therefore the total interest due on the maturity date will be $450

6 0
3 years ago
Health can have a negative effect on an individual's income because it can" __________. affect a person's participation in the w
aliya0001 [1]

Answer:

affect a person's participation in the workforce

Explanation:

A person experiencing health-related challenges may be unable to attend to his or her daily routines. It implies they cannot engage in economic activists resulting in loss of income.  

Poor health is a heavy burden on the individual and the family. First, it is expensive to treat for the illness. Some diseases may cost thousands of dollars in treatment. Secondary, a sick person becomes dependent. He or she cannot be part of the workforce, meaning he is not contributing to the income of the family or society.

In some situations, it requires a family to hire a nurse to attend to the sick person.  A family member may quit their job to nurse a sick relative. Poor health may not only lead to the ill person not engaging in the workforce, but it may cause a relative stop working for a while.

7 0
3 years ago
Vandermark Credit Corp. wants to earn an effective annual return on its consumer loans of 14.75 percent per year. The bank uses
gulaghasi [49]

Answer:

13.76%

Explanation:

The computation of the interest rate required by law is shown below:

As we know that

Effective annual rate = (1 + Annual percentage rate ÷ number of days)^number of days - 1

0.1475 = (1 + Annual percentage rate ÷ 365)^365 - 1

(0.1475 + 1) = (1 + Annual percentage rate ÷ 365)^365

(1.1475)^ × (1 ÷ 365) = 1 + Annual percentage rate ÷ 365

So, the Annual percentage rate is

= [(1.1475)^ × (1 ÷ 365) - 1] × 365

= 0.1376

= 13.76%

4 0
3 years ago
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