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2 years ago

All economic questions and problems arise from ____.

Business

2 answers:

Dovator [93]2 years ago

6 0

Answer:

it c

Explanation:got it right on qiuz

Fiesta28 [93]2 years ago

3 0

All economic questions and problems arise from <span>C. scarcity. scarcity is defined as the lack of resources and is the opposite of abundance. If scarcity such as famine is experienced by a country or nation, there arise questions why such state happened</span>

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Many people wear formal attire to a job interview (a suit, a dress, or other such clothing) even if the job does not require suc

Marysya12 [62]

Answer: Halo effect

Explanation:

In psychology the halo effect is a sort of bias in which a person tries to impress others through his/her overall appearance. The more good your appearance looks, the better your chances would be in impressing others.

In the question, many people wear formal attire because that signifies a level of good appearance that would land them a job. Even though it is not require, the candidate are doing that to get the attention of the interviewer in a way that would help them get the job.

6 0

3 years ago

You are the only seller of eggs in town, and the price-elasticity coefficient for eggs is known to be 0.8. if you want to increa

kirill [66]

Answer: To increase sale by 10%, the seller must lower the price of the good by 12.5%.

Explanation: Price elasticity of demand measures the responsiveness of quantity demanded to a change in the price. Since, demand and price for a normal good are negatively related to each other, price elasticity is also negative. It can be calculated using,

$e_{d}=\frac{Precentage change in quantity demanded}{Percentage change in price} -0.8=\frac{10}{Percentage change in price} Percentage change in price = -\frac{10}{0.8} Percentage change in price = -12.5$

Therefore, to increase sale by 10%, the seller must lower the price of the good by 12.5%.

5 0

2 years ago

Jones corp. reported current assets of $187,000 and current liabilities of $132,000 on its most recent balance sheet. the curren

Lemur [1.5K]

Hello!

acid-test (quick) ratio=(Cash+short term investments+accounts receivable)÷current liabilities

acid-test (quick) ratio is
(63,200+44,800)÷132,000=0.8182

0.8182×100=81.82%

Good luck!

8 0

3 years ago

Units Unit Cost Inventory, Jan. 1 8,000 $11 Purchase, June 19 13,000 12 Purchase, Nov. 8 5,000 13 If 9,000 units are on hand at

Lostsunrise [7]

Answer:

The answer is: $100,000

Explanation:

Under LIFO (last in, first out) costing method, we use the oldest costs are used to determine the ending inventory:

We were given the following data:

Jan. 1: 8,000 purchased at $11 per unit
June 19: 13,000 purchased at $12 per unit
Nov. 8: 5,000 purchased at $13 per unit

If the ending inventory had 9,000 units, then its total cost is:

Ending inventory = (8,000 units x $11 per unit) + (1,000 units x $12 per unit)

Ending inventory = $88,000 + $12,000 = $100,000

3 0

3 years ago

If you received a constant annual rate of return of 7% on an investment of $10,000, how many years will it take before you have

DaniilM [7]

Answer:

It will take 10 years to have $20,000 on investment of $10,000.

Explanation:

Annual Rate of return = r = 7%

Compounded Value / Future Value = FV = $20,000

Investment Value / Present Value = PV = $10,000

Use Future value formula to solve this question:

Future Value = Present Value x ( 1 + Number of Year )^Number of year

FV = PV x $( 1 + r )^{n}$

$20,000 = $10,000 x $( 1 + 0.07 )^{n}$

$\frac{20,000}{10,000}$ = $( 1 + 0.07 )^{n}$

$2 = $1 .07 ^{n$

Log 2 = n log 1.07

0.30 = n x 0.03

n = $\frac{0.30}{0.03}$

n = 10.00

n = 10 year (rounded off to nearest year )

It will take 10 years to have $20,000 on investment of $10,000.

8 0

2 years ago