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anzhelika [568]
3 years ago
13

When you gave your friend a fifty-dollar bill for an iPod, you used money as a

Business
1 answer:
Sonbull [250]3 years ago
4 0
<span>When you gave your friend a fifty-dollar bill for an iPod, you used money as a <u>medium of exchange.
</u><u />This is because you exchanged your money for an iPod. 
</span>
You might be interested in
A sales manager announces that all weekly sales reports must be submitted via e-mail, rather than hardcopy. However, some of the
slamgirl [31]

Answer:

d. Stressing that younger staff members have no problem e-mailing their reports.

Explanation:

Option A - If sales manager provides all the required hardware, software, and training, it can be the best effective way to change other staffs' motives.

Option B - If sales manager explains the importance of electronic submissions, it should be the best way of winning over those who are resist to change.

Option C - If sales manager praises other staff members, those who do not want to change will change their motive and send electronically.

Therefore, all the options A, B, and C are the best effective ways, so, D is the best option which is least likely way to change.

4 0
2 years ago
Stan, an air-conditioning and heating technician, files a suit against Temp-Set Corporation, alleging that its thermostats are u
Mashcka [7]

Answer: option (B). knowledgeable user.

Explanation: knowledgeable user simply means If a particular danger is or should be commonly known by particular users of the product, the manufacturer need not warn those particular users. An example is a case of Stan, an air-conditioning and heating technician, files a suit against Temp-Set Corporation, alleging that its thermostats are unreasonably dangerous due to the possibility of electrical shock, Temp-Sets defense is knowledgeable user.

5 0
3 years ago
Which of these situations would give rise to the free-rider problem? Items (6 items)
sveta [45]

Answer:

The answer is: letter c, a recycling program

Explanation:

A "free-rider" problem happens when <em>some members in the society don't contribute an equal share in the cost of a shared resource. </em>

Among the choices above, the recycling program will give rise to such situation. For example, when it comes to a recycling program of making a school's wall out of recycled bottles (in order to protect it from outsiders), not everyone will join the program yet, most of the time, the program is done for the good of the society. In this case, for the good of the school and the people visiting it.

This results to many free riders taking advantage of the school's wall, including the people who visits the school (parents, babysitters, friends, guardians etc.) and loiters in the area to pass time while waiting for their kids or friends

3 0
3 years ago
Doogan Corporation makes a product with the following standard costs: Standard Quantity or Hours Standard Price or Rate Direct m
tia_tia [17]

Answer:

Direct labor rate variance= $1,666 favorable

Explanation:

Giving the following information:

The company produced 5,200 units in January using 2,380 direct labor-hours.

The actual direct labor rate was $19.30 per hour

<u>To calculate the direct labor rate variance, we need to use the following formula:</u>

<u></u>

Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity

Direct labor rate variance= (20 - 19.3)*2,380

Direct labor rate variance= $1,666 favorable

4 0
3 years ago
Holly would like to plan for her daughter’s college education. She would like for her daughter, who was born today, to attend co
Ugo [173]

Answer:

Holly must save $2845.81 at the end of each year

Explanation:

first calculate the value of tuition fees at n = 18

Cash flow formula = Tuition × (1+0.07)^{n}

Discounted CF formula = Cash flow ÷ (1+0.10)^{year}

               10.00%              0

Year   Cash flows   Discounted CF

0           33,799.32  33799.32

1          36,165.28  32877.52

2          38,696.84  31980.86

3          41,405.62  31108.66

FV = $129,766.37

PV = 0

N = 18

rate = 10%

using PMT function in Excel

Annual contribution = $2845.81

4 0
3 years ago
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