Answer:
Prices play an important role in the decision making of an individual. It gives us information about the relative scarcity of the good and helps us decide if we want to purchase the good or not. Two examples can be,
a). When you buy a good in a sale. Sales give you an opportunity to buy what you wanted to at a price that is lower than usual.
b). When the price of Coke increases, you start consuming more Pepsi as they both are substitute goods. So, you would want to buy the cheaper one and not purchase the relatively expensive one.
Answer:
False
Explanation:
Since John could not possibly partake in all of the remaining three activities, the opportunity cost cannot be the benefit received from all of the other activities. Instead, the opportunity cost is the benefit he would have received from the next best alternative alone.
When the effects and impacts of compounding over time are taken into account, the effective annual interest rate is the true return on a savings account or any other interest-paying investment.
Option C is the correct answer: Loan F's effective rate will be 0.302 percentage points lower than Loan G's.
<h3>Given</h3>
The interest rate on loan F is 5.66 percent per month, compounded.
The interest rate on loan G is 6.02 percent, compounded semi-annually.
<h3>Computations of effective rates</h3>
Therefore, option c is the correct answer.
For more information about the related question, refer below
brainly.com/question/25857212
Work in process inventory
Explanation:
The overall costs assigned to the department is shown in a costing system for "work in the process inventory"
Work in the process stock shows all costs of the product manufacture and the applicable overhead is also charged to the process stock account.
With goods at various stages of the production process, the WIP applies to the raw materials, the work and overhead costs involved. WIP is part of the balance sheet inventory asset account. These costs will then be converted to the finished product account and ultimately to sales costs.
Answer:
Being productive means to be able to get more things done in a period of time and six suggestions to ensure that your telephone calls on the job are productive are:
-Plan an agenda to handle the call to know what you need to discuss.
-Have a clear goal to accomplish with the call to avoid discussing things that are not relevant to this.
-Avoid small talk that can take a lot of time and doesn't allow to get to the point.
-Limit the duration of the call to get people to focus on the important things.
-Summarize the points of the call to make sure that everyone is on the same page.
-End the call when the goal that was set has been accomplished.
