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geniusboy [140]
3 years ago
11

When putting together your personal budget, you find that your budget has a deficit. Which is the BEST way to balance your budge

t?
Question 3 options:

Increase your expenses by more than your deficit


Cut your income and expenses by the same amount


Cut your expenses by an amount greater than your deficit


Increase your income and expenses by the same amount
Business
1 answer:
ki77a [65]3 years ago
3 0

Answer:

The correct answer is letter "C": Cut your expenses by an amount greater than your deficit.

Explanation:

In case there is a deficit in your budget, it means your expenses are higher than your net income. An adjustment must be made in such circumstances. To bring back the balance in your budget, <em>you should cut your expenses by an amount higher than the amount of the deficit</em>. Otherwise, you could increase your income but keeping your expenses at the same level.

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Dell first chooses whether to offer Symantec $30 or $20 for each copy of its software, and then Symantec responds by either acce
Veronika [31]

Answer:

The correct answer is Dell will offer​ $20 per copy of the software and Symantec will accept the offer.

Explanation:

A Nash equilibrium is a situation in which all players have put into practice, and know that they have done so, a strategy that maximizes their earnings given the strategies of others. Consequently, no player has any incentive to individually modify their strategy.

It is important to keep in mind that a Nash equilibrium does not imply that the best joint result for the participants is achieved, but only the best result for each of them considered individually. It is perfectly possible that the result would be better for everyone if, in some way, the players coordinated their action.

In economic terms, it is a kind of imperfect balance of competition that describes the situation of several companies competing for the market of the same good and who can choose how much to produce to try to maximize their profit.

5 0
3 years ago
You are going to invest in Asset J and Asset S. Asset J has an expected return of 11.2 percent and a standard deviation of 52.2
andrey2020 [161]

Answer:

7.98%

8.61%

Explanation:

wj = [(0.172)² - 0.50x0.522x0.172)/((0.522)²+(0.172)²-2x0.50x0.522x0.172]

= - 0.07211

Expected returns

= (-0.07211)x 0.112+(1-(-0.07211))x0.082

= 7.98367%

Standard deviation

=√((-0.07211)x(0.522²+((1-(-0.07211))x0.172)²+2x(-0.07211)x(1-(-0.07211))x0.522x0.172x0.5)

This gives us a standard deviation of

= 8.61054%

The expected return = 7.98%

The standard deviation = 8.61%

8 0
3 years ago
Departmental contribution to overhead is calculated as the amount of sales of the department less: Direct and indirect costs. Pr
GuDViN [60]

Answer:

Direct expenses.

Explanation:

The departmental contribution is determined by deducting the direct expense from the amount of sales  

In mathematically,

The following formula should be used  

Departmental contribution = Department revenues - direct expense

Here The expenses to be - rent, utilities, taxes, insurance, etc

ANd, It is arrive after paying off the direct expenses that related to the overhead.

4 0
3 years ago
Identify the element or elements associated with these items.(a) Arises from peripheral or incidental transactions. select an el
lutik1710 [3]

Answer: .(a) Arises from peripheral or incidental transactions - corresponds to the definition of gains and losses.

(b) Obligation to transfer resources arising from a past transaction. - Corresponds to Liabilities.

(c) Increases ownership interest. - Investment by owner, Comprehensive Income.

(d) Declares and pays cash dividends to owners. - It is the Distributions to Owners.

(e) Increases in net assets in a period from nonowner sources. - Corresponds to Comprehensive Income.

(f) Items characterized by service potential or future economic benefit. - Is the definition of Assets.

(g) Equals increase in assets less liabilities during the year, after adding distributions to owners and subtracting investments by owners. - Comprehensive Income.

(h) Arises from income statement activities that constitute the entitys ongoing major or central operations. - Corresponds to the definition of Revenues and Expenses.

(i) Residual interest in the assets of the enterprise after deducting its liabilities. - Equity.

4 0
3 years ago
From an economic perspective, when a consumer decides to buy more life insurance, the consumer has most likely concluded that th
son4ous [18]

Answer:

a. Cost of more insurance coverage is less than the marginal benefit

Explanation:

The marginal cost is the cost producers incur by the production of one more good. The marginal benefit of a good on the other hand is the utility received from the purchase of one more good or service. If a consumer perceives that the worth of good is less than the market price then they would not make that transaction. However, when the consumer has decided to buy more life insurance s/he is convinced that the marginal benefit from purchasing that good would be higher than the marginal cost of that good.

4 0
3 years ago
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