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LUCKY_DIMON [66]
4 years ago
8

Jamie earned $14 in interest on her savings account last year. She has decided to leave the $14 in her account so that she can e

arn interest on the $14 this year. The interest earned on last year’s interest earnings is called:
Business
1 answer:
tatuchka [14]4 years ago
6 0

Answer:

interest on interest.

Explanation:

The interest income which is earned from the last years interest earned is called interest on interest. As Jamie earned $14 interest last year and left the amount to earn further interest on this $14 too. Assuming the Effective interest rate is 10%, then additional $1.4 will also be earned on the interest invested with principal. This $1.4 is known as The interest on interest.  

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A business practice associated with globalization involves businesses moving manufacturing and service centers to countries wher
Ksivusya [100]

Answer:

Outsourcing.

Explanation:

Outsourcing is a process to get the work done from a foreign supplier at a cheaper rate without or minimum compromising on the quality of work. Outsourcing is done by companies of those countries, where labour rate is high or scarcity of labour in the national market. It also diverse the culture of companies. Work which are outsourced to other countries are mainly non fundamental and its role is to provide support to the core company.

7 0
3 years ago
Which two of the following tips are important to remember when writing a resume?
jonny [76]
<h2>The two of the following tips that are important to remember when writing a resume are: A) be clear and concise in the descriptions you use</h2><h2>D) use bullet points to organize your thoughts </h2>

Explanation:

Our resume should be clear and concise. If the resume is longer than one page, the employer may not go through it. One page resume shows that you are concise, clear, and to the point.

There should be absolutely no typos as spell check doesn’t fix everything!.

Personal information should not be added in the resume like relationship status, age, siblings.

We can list all the jobs that a person had in the past to show our experiments in different fields but it should be something related to the new job.

It is necessary to use bullet points to organize all our thoughts properly.

7 0
3 years ago
What does increasing marginal opportunity costs​ mean? A. Increasing the production of a good requires smaller and smaller decre
lilavasa [31]

Answer:

B. Increasing the production of a good requires larger and larger decreases in the production of another good.

Explanation:

Opportunity cost refers to the foregone units of production of a good in exchange for producing units of another good.

Marginal cost on the other hand refers to additional cost incurred when an additional unit is produced.

Marginal opportunity cost relates to the additional opportunity cost incurred  when additional unit of second good is produced in exchange for foregoing or sacrificing units of production of first good.

Increasing marginal opportunity cost would mean as more and more units of good A are produced, for each extra unit of production of Good A, higher units of production of Good B are sacrificed i.e larger and larger decrease in the production of another good.

4 0
4 years ago
A customer of RoughEdge Sharpeners alleges that RoughEdge's new razor sharpener had a defect that resulted in serious injury to
Readme [11.4K]

Answer:

$5,000,000,000,000,000,000.000

8 0
3 years ago
Silver Spoon Service repairs commercial food preparation equipment. The following budgeted cost data is available for 2019: Time
stepladder [879]

Answer:

The rate charged per hour of labor is 120.

Explanation:

Rate charged per hour of labor is given by:

= Budgeted cost per labor hour + Profit margin

= 660000/10000 + 54  

= 120

Therefore, The rate charged per hour of labor is 120.

5 0
3 years ago
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