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3 years ago

1. Describe the value of an education.

1 answer:

Colt1911 [192]3 years ago

4 0

Well you need an education to get a job and make money to survive, if you want to lets say work at a fast food place then you need to know math, and ALGEBRA to combine foods and stuff. If you want to be a reporter then you'll need to know English language arts. Basically you'll need an education for any job you get.

You might be interested in

Which of the following statements about taxation is TRUE?

xeze [42]

Answer:

A. There is a tax rate at which tax revenues are maximized.

Explanation:

By Laffer Curve definition we can easily understand the relationship between tax rate and tax revenues. It was developed by Arthur Laffer. The Laffer Curve describes that:

with an optimal tax rate government maximizes total tax revenues

there is no tax revenue collection at the two extreme tax rates of 0% and 100%
at the left side of the curve higher tax rates decrease the incentive to work and invest. As a result this leads to to decrease in total tax revenue.

4 0

3 years ago

As a manager at carrel corp., derek spends much of his time coaching young managers and making sure that any required informatio

Stella [2.4K]

Answer:

Derek would be best described as a tactical leader/manager.

Explanation:

A tactical manager makes certain choices and decisions to get the job done as efficiently as possible. Such managers and leaders tend to inspire the employees to encourage them to complete the task. Influencing, negotiating, and motivating employees to succeed are the major characteristics of tactical managers. For e.g. Derek motivates and encourages his subordinates by providing them coaching and making sure that the job is being done properly.

7 0

3 years ago

Leon exchanges an office building which he held as investment property for a bowling alley. His office building has a basis of $

exis [7]

Answer:

According to Section 1031 of Internal Revenue Code, an exchange of like-kind property is referred to as like-kind exchange, if the exchange meets the following criteria:

The property should be exchanged only for the 'like-kind' (same class) property.
The 'like-kind' property that is in exchange should be either used in operations of business or held for investment purposes.
The exchange should be done under specific timing restrictions or requirements (for indirect exchanges through third parties).

Explanation:

A) Explanation: Since both the properties in exchange are real properties which are used in business, this is a like-kind exchange

Description Amount ($)

Fair market value of bowling alley 120,000

Add: Mortgage value L is relieved off 40,000

Amount reali7ed 160,000

Less: Adjusted basis (175:000)

Realized loss by L (15,000) 

C) Explanation: Since the loss realized is due to exchange, the loss is not recognized.

D) Explanation: Since the loss is not recognized, the character of gain or loss could not be

E) Explanation: The total of realized loss, $15,000 (From Requirement (b)) is deferred.

F) Determine the basis of property acquired in exchange, bowling alley.

Description Amount ($)

Fair market value of bowling alley 120,000

Add: Deferred loss 15,000

Basis of bowling alley 135,000

8 0

3 years ago

Which of the following is NOT a basic assumption of perfect competition? A. Production is characterized by significant economie

Alex17521 [72]

Answer: Production is characterized by significant economies of scale is not an assumption of perfect competition (A)

Explanation:

A perfect competition is a form of market structure that has many buyers and may sellers. In a perfect competition, there is a free entry and exit for producers as there is no barrier.

Also, firms are price takers as no producer can influence the price of the goods in the market unlike in an imperfect competition which is a price maker as producers can influence price. Firms also sell identical products that are the same in quality, size etc.

In a perfect competition, production is not characterized by significant economies of scale. That is an assumption that can be found in monopoly.

Therefore, option A is the right answer.

7 0

3 years ago

General mills offers three sizes of its popular cereal cheerios: 10-, 14-, and 18-ounce boxes, and they are priced at approximat

Marina86 [1]

General Mills sold three sizes of cereal cheerios at $2.99, $3.99, and $4.49 each. Selling tactic used by the company is psychology pricing. General Mills used this technique to encourage customers to respond on emotional levels rather than logical ones.

Setting the price of the cereal at $2.99 is proven to attract more consumers than setting it at $3.00, even though the difference is only $.01. Consumers are said to put more attention on the first number on a price tag than the last.

4 0

3 years ago