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Sphinxa [80]
3 years ago
11

Your total cash income is $80,000. You pay $8,000 in taxes and $60,000 in other expenses. Your savings ratio is

Business
1 answer:
inessss [21]3 years ago
4 0
$12,000 if i am correct
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Assume that a firm spends $500 on two inputs, labor and capital. If the wage rate is $20 per hour and the cost of capital is $25
Zolol [24]

Answer:

D. -4/5

Explanation:

Given that

Wage rate = $20 per hour

Cost of capital = $25 per hour

Recall that,

Slope of isocost = -(w/r)

Where,

W = wage rate

r = rental cost of capital.

Thus,

Slope of isocost curve

= -(20/25)

= -0.8 or -4/5

Note that, the negative of the ratio is the price of the two inputs. Also isocost is a line showing the various combinations of inputs which cost the same amount.

6 0
3 years ago
Read 2 more answers
. Discuss and Implement the Price Adjustment Strategies in current market. Apply each strategy with 3 examples along with pictur
astra-53 [7]

Answer:

There are many different price adjustment strategies which can be implemented in the current market.

Explanation:

Psychological pricing:

Psychological pricing is a strategy in which the price of a product is displayed with mostly one cent difference so the whole number shown is less by $1 and this difference can get higher if the price of the product is more.

Example 1: The price for a toy in a toy shop is $4.99, if rounded this will be $5 but the whole number visible is $4.

Example 2: The price of a laptop is $193, this again is nearly $200 but the price is reduced by $7 in order to influence their customers into buying the product.

Example 3: The price of a car is $35,995, this again is about $36,000 but the buyer may be influenced by this technique and result in purchasing the product with such price.

Geographical Pricing:

Geographical pricing is a strategy where different prices are charged in different outlets, this strategy is made keeping in mind the purchasing power of the locality, if the local people can pay higher price for a product then the price is high there but same product may have a lower price in an area where people can not pay high price.

Example 1: Price of a T-shirt is $15 in a posh area while the price of the same T-shirt is $5 in an area with poor locality.

Example 2: Price of a hair brush is $10 in a poor area while the same brush is available in a posh area at a rate of $35.

Example 3: Price for a food item is $6 in a restaurant in posh area while the same burger is available for $3 in a restaurant in a poor area.

7 0
3 years ago
A local government has plans to build a new transit station on a site where several homes are currently located. the residents d
egoroff_w [7]
If a local government has plans to build a new transit station on a site where several homes are currently located and the residents would not want to move, then the fifth amendment can be used where it says that the government could take the land but  the government should pay a fair enough price to the owners of the land. This part of the Fifth Amendment is called the Taking Clause where it stresses out the a private property should be not be taken for public without a just compensation. The people who made this clause are land property owners who has a certain degree of mistrust of the government power.
5 0
3 years ago
Read 2 more answers
Employing case managers to do home-visits for patients whose asthma is not well-controlled despite health education and medicati
Lemur [1.5K]

Employing case managers to do home-visits for patients whose asthma is not well-controlled despite health education and medication is an example of Innovative clinical prevention.

<h3>What is Innovative clinical prevention?</h3><h3 />

These refer to any methods that are used to ensure that people's health conditions do not get worse.

They are especially useful in cases where health education and medication are not working as is the case with these asthma patients. The case managers can ensure that the patients get the best care by doing home-visits.

Find out more on clinical prevention methods at brainly.com/question/2946273

#SPJ1

5 0
1 year ago
Construct a 95% confidence interval for the population mean, μ. Assume the population has a normal distribution. A sample of 20
miv72 [106K]

Answer: (2823, 3417)

Explanation:

The confidence interval for the population mean is given by :-

\mu\ \pm E, where E is the margin of error.

Formula for Margin of error :-

z_{\alpha/2}\times\dfrac{\sigma}{\sqrt{n}}

Given : Significance level : \alpha=1-0.95=0.05

Sample size = 20

\mu=3120

\sigma=677

Critical value : z_{\alpha/2}=z_{0.025}=\pm1.96

Margin of error : E=1.96\times\dfrac{677}{\sqrt{20}}\approx 297

Now, the 95% confidence interval for the population mean will be :-

3120\ \pm\ 297 =(3120-297\ ,\ 3120+297)=(2823,\ 3417)

4 0
3 years ago
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