1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
astraxan [27]
4 years ago
11

The difference between representative money and fiat money is that?

Business
1 answer:
Cerrena [4.2K]4 years ago
8 0
Great question! Fiat money deries it's value from law or regulation. However representative money derives its value either from a claim on a commodity (gold for example). However sometimes representative money means it has value higher than what it is made of, ie if you melt it down it is worth less than before it is melted down. In this sense fiat money is a type of representative money
You might be interested in
In class, we noted that the Gap, Inc. operates several brands in order to make it easy for people to express their personal styl
ad-work [718]

Answer:

The answer is: Multi-segment marketing

Explanation:

Multi-segment marketing (or differentiated marketing) happens when a company tries to increase their market share by offering their products to different marketing segments. They try to reach as many market segments they can, using different promotional strategies for every segment. Nowadays, only big companies can afford this type of marketing strategy.

7 0
3 years ago
A flood destroyed a company’s warehouse contents on September 12. The following information was the only information that was sa
anygoal [31]

The estimated cost of lost inventory = $4552.1

Explanation:

The cost of lost inventory = inventory,begining+purchases of the period-((1-avg gross profit ratio)(sales for the period-returns for the period))

The cost of lost inventory=$29900+$18900-((1-0.21)($56900-$890))

                                         =$48800-((0.79)(56010))

                                         =$48800-(44247.9)

                                         =$4552.1    

The estimated cost of lost inventory is $4552.1

6 0
4 years ago
Eduardo is currently involved in FBLA (Future Business Leaders of America). He has dreams to work on Wall Street. Assuming he wi
jarptica [38.1K]

Answer:

sag

Explanation:

not sure

6 0
3 years ago
Describe the change in aggregate supply that should result from each of the following changes in determinants. Assume that nothi
Sergio [31]

Answer: Please refer to Explanation

Explanation:

(a) A rise in the average price of inputs

DECREASE because it is now less profitable for suppliers so they will produce less.

(b) An increase in worker productivity;

INCREASE because total cost is reduced as more goods are being produced per cost.

(c) Government antipollution regulations become stricter.

DECREASE (unless the increase in antipollution device production outweighs the decline in production caused by the increased cost of the regulations)

(d) A new subsidy program is enacted for new business investment in productive equipment.

INCREASE as the subsidy program will lower the cost of inputs so Suppliers will produce more goods.

(e) Energy prices decline.

INCREASE as there again would be Lower Input Costs thus pushing Suppliers to produce more.

6 0
4 years ago
Pension data for David Emerson Enterprises include the following: ($ in millions) Discount rate, 10% Projected benefit obligatio
Gelneren [198K]

Answer:

$123

Explanation:

Calculation to determine the service cost component of pension expense for the year ended December 31.

PENSION BENEFIT OBLIGATION

Beginning of the year Projected benefit obligation $360

Service cost ?

Interest cost $36

(10%*360)

Loss (gain) on PBO $0

Less: Retiree Benefits ($54)

End of the year Projected benefit obligation $465

Hence,

SERVICE COST= ($465-$360-$36+$54)

SERVICE COST= $123

Therefore the service cost component of pension expense for the year ended December 31 will be $123

5 0
3 years ago
Other questions:
  • A student wants to determine what type of cereal his classmates like best. he buys three of his favorite puffed rice cereals and
    6·1 answer
  • complete the sentences about english with your own ideas then compare your sentences пж мне нужно пускай не будет похожей на дру
    6·1 answer
  • A small private entity may use less formal means to ensure that internal control objectives are achieved. For example, extensive
    6·1 answer
  • Cavalier Copper shows on its most recent balance sheet $840 million in total liabilities, $10 billion in treasury stock (recorde
    13·1 answer
  • Bloomington Inc. exchanged land for equipment and $2,600 in cash. The book value and the fair value of the land were $104,600 an
    9·2 answers
  • Mining companies, farms, financial services, and fisheries are all examples of: transactional markets. cooperative markets. rese
    10·1 answer
  • The head of the marketing research department instructs field interviewers to interview owners of DVD players in a shopping mall
    12·2 answers
  • Marcus wants to have the deed to his new home recorded to protect his ownership rights. In order to record the deed, it must be
    15·1 answer
  • How would recognizing different learning styles help your be a better boss? Give 4 examples
    13·1 answer
  • Which ebusiness tool increases the speed of business by allowing the transfer of documents with the same speed as the telephone
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!