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nasty-shy [4]
3 years ago
10

Two college students, Mary and Maggie, are spending spring break in Florida. Mary buys a cup of coffee each morning at the local

Starbucks rather than from one of the local coffee shops. Maggie claims that Mary is irrational because she never purchases Starbucks coffee at home, and Starbucks coffee costs more than the coffee sold by local shops. An economist would most likely explain Mary’s behavior by suggesting that
Business
1 answer:
Step2247 [10]3 years ago
3 0

Answer:

An economist would most likely explain Mary’s behavior by suggesting that <u>the Starbucks brand name is consistent of quality.</u>

Explanation:

Mary believes that Starbucks coffee is of better quality than local coffee shop coffee because it is associated with a popular brand. A brand name can be one of the most power tools that a company has. It gives the consumer an assurance of quality and they know what to expect when they buy a product.

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Travis bought a share of stock for $31.50, the stock paid a dividend of $0.85, and Travis sold it six months later for $27.65. W
Luden [163]

Answer:

Dollar profit loss = $3

Holding period return = negative 9%

Explanation:

In order to find the dollar profit or loss return we will add the dividend and selling price because that the dividend plus the selling price is the cash that Travis receives or the positive cash and we will subtract the buying price from it because it is the negative cash flow. So we will add all the positive cash flows and subtract negative cash flow from it in order to find the dollar profit loss or return.

Selling price = 27.65

Dividend = 0.85

Selling price + Dividend= 28.5

Selling price = 31.50

Dollar profit loss or return = 28.50-31.5=-3

Loss= $3

In order to find the holding period return we will divide add the dividend and selling price , subtract buying price from it and then divide it by buying price.

(27.65+0.85-31.5)/31.5= -0.09 = -9%

Holding period return = negative 9%

5 0
3 years ago
Preparing to pay for higher education can start in 9th<br> grade or earlier by...
Anton [14]

Answer:

Applying for grants

Explanation:

8 0
3 years ago
The next dividend payment by Hoffman, Inc., will be $2.65 per share. The dividends are anticipated to maintain a growth rate of
IrinaK [193]

Answer:

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4 0
3 years ago
under the securties act of 1933, which statements are true regarding a regulation D private placement exemption? adveristing per
Keith_Richards [23]

Answer:

advertising is not permitted

Commissions can be received in connection with the offering.

Explanation:

Under the securities act of 1993, a regulation D private placements have some rules which included: advertising was not permitted and Commissions can be received in connection with the offering. These were only a few rules as Regulation D allows a "private placement" exemption if an issue is sold to a maximum of 35 "non-accredited" investors.

7 0
4 years ago
Which of the following statements is true?
SIZIF [17.4K]
Ummmmm I will go with answer A cause at my house its always like that.
6 0
4 years ago
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