Answer:
false money and time are worth different amounts. our time on earth is more valuable then money itself.
Answer:
50%
Explanation:
Contribution margin is used to determine the profitability of a product. it is price less variable cost
Contribution margin ratio = (price - variable costs) / price
variable cost = 80 - 20 = 60
price = 120
(120 - 60) / 120 = 50%
Answer:
8.89%
Explanation:
The answer is 8.89%
Here is how we arrived at this.
Dividend = 1$ times 4
= $4 annually
Then we calculate for the nominal rate of return.
This is equal to dividend / price.
= $4/ $45
= 0.0889
To convert this to percentage
0.089 x 100
= 8.89% is the nominal annual rate of return.
Answer:
Consumer surplus is $15.99.
Explanation:
Melanie decided to buy a coat priced $79.95.
When she brought a coat to the sales clerk, she found out that it is on a 20% discount and she has to $15.99 less than the original price.
This means that her consumer surplus is at least $15.99.
The consumer surplus is the difference between the maximum price a consumer is willing to pay and the price it actually pays.
Melanie was willing to pay $79.95. But she actually paid $63.96. The difference between the two is $15.99.
Answer:
The best evaluation for Kenton's research is C) Poor; he has only researched the monetary costs of the career.
Explanation:
Besides monetary costs to him (which was not all that comprehensive as it didn't include training tools, books, etc) there are also non-monetary costs such as time, hard work, and all the other things he must forego while he is focused on becoming a make-up artist.
The career also comes with its perks and advantages. Kenton's work would have been comprehensive if he researched the benefits as well as the risks, and regulatory requirements where there are any.
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