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
Citrus2011 [14]
4 years ago
8

The people described spent their money during different time periods. Label each of their scenarios as to whether they bought th

eir goods during a time of inflation, deflation, or price stability. Peter is a compulsive gamer. He decides to buy World of Warcraft, all of its expansions, Starcraft 2, a PS3, a Wii, and an Xbox 360, since prices in general have been rising at an alarming rate.Melissa decides to start her own personal library by amassing a private collection of books and magazines about world religions, cooking, comics, and economics. As she reads an issue of The Economist, she discovers that overall price levels have changed only 0.01% in the past two years, and decides it does not matter whether she starts the project now or later. Linda postpones her wedding even though most food prices and most service prices were dropping this year, which would help keep the cost of the wedding down. Out of these individuals, whose money gained the most value during their time period?
Business
2 answers:
GuDViN [60]4 years ago
6 0

Answer:

Linda money gained the most value during their time period.

Explanation:

Peter is a habitual gamer -  Inflation  

Melissa chooses to begin her own - later - Price Stability  

Linda postpones - down - Deflation  

A reliable ascent in costs is swelling, a reduction is flattening practically no change implies value solidness.  

Expansion diminishes the estimation of cash while price Stability will implies no adjustments in the genuine estimation of cash.

kirill [66]4 years ago
4 0

Answer:

Check the explanation

Explanation:

Peter is a compulsive gamer...- Inflation

Melissa decides to start her own....later- Price Stability

Linda postpones....down-Deflation

Reason

A consistent rise in prices is inflation, a decrease is deflation little or no change means price stability

Linda

Reason

Inflation decreases the value of money whereas price stability will means no changes in the real value of money.

You might be interested in
The list price on Boyton's catalog indicated that product A sells for $3,000, with a trade discount of 5%. Boyton sells the good
Alexeev081 [22]

Answer:

B) $2,850

Explanation:

1: Find the discount: $3,000*5% = $150

2: Subtract the discount: $3,000 - $150 = $2,850

4 0
3 years ago
Last month, a processing facility (such as a check processing facility or a distribution center) transitioned from an unpaced as
bija089 [108]

Answer: b. Quality problem occurs

• c. It tends to decrease with the growing degree of division of labor

Explanation:

From the scenario on the question, the most likely thing to result is for quality problems to occur. Quality simply has to do with the extent to which a particular product satisfies already specified requirements.

Based on the scenarios such as the worker at the bottleneck station being replaced by another worker who works more slowly than the original worker, the quality will be affected.

Division of labor is when task are being delegated in a workplace so that efficiency can be improved. When there is a rise in the division of labor, learning is affected as there'll be a decrease as division of labor increases. This is because everyone has his or her role to play rather than learning more about other departments or roles, the worker will be typically focused on one role.

7 0
3 years ago
On December 31, 2018, the balance in Megan's Products Accounts Receivable was $680,000 and net credit sales amounted to $3,800,0
RoseWind [281]

Answer:

Bad Debt Expense ($40,000 - $3,200)  $36,800

           To Allowance for Doubtful Accounts   $36,800

(Being the bad debt expense is recorded)

Explanation:

The adjusting entry is shown below:

Bad Debt Expense ($40,000 - $3,200)  $36,800

           To Allowance for Doubtful Accounts   $36,800

(Being the bad debt expense is recorded)

For recording this we debited the bad debt expense as it increased the expenses and credited the allowance for doubtful debts as it decreased the value of the assets

And since there is a credit balance so the same is deducted from the account receivable

5 0
4 years ago
Activity-Based Costing for a Service Business Sterling Hotel uses activity-based costing to determine the cost of servicing cust
Sunny_sXe [5.5K]

Answer:

Total cost= $40.3

Explanation:

Giving the following information:

The activity rates associated with each activity pool are:

$8.30 per guest check-in

$20.00 per room cleaning

$4.00 per served meal (not including food).

Tara Washington visited the hotel for a 3-night stay. Washington had 6 meals in the hotel during her visit.

Total cost= 8.30*1 + 20*1 + 4*3= $40.3

8 0
3 years ago
A bank has total interest income of $67 million and total noninterest income of $14 million. This bank has total interest expens
tresset_1 [31]

Answer:

$32 million

Explanation:

Data provided in the question:

Total interest income = $67 million

Total noninterest income = $14 million

Total interest expenses = $35 million

Total noninterest expenses (excluding PLL) = $28 million

Provision for loan losses = $6 million

Taxes = $5 million

Now,

Bank's net interest income = Total interest income - Total interest expenses

= $67 million - $35 million

= $32 million

7 0
3 years ago
Other questions:
  • Distributor packages and sells two types of products, A and B. The respective sales prices for the products are $10 and $5. The
    11·1 answer
  • Ue or false: increasing the number of stocks in a portfolio reduces market risk.
    13·1 answer
  • Riverside Manufacturing designs and manufactures bathtubs for home and commercial applications. Riverside recorded the following
    9·1 answer
  • In an imaginary economy, consumers buy only sandwiches and magazines. The fixed basket consists of 20 sandwiches and 30 magazine
    5·1 answer
  • Columbia Corporation produces a single product. The company's variable costing income statement for November appears below: Colu
    6·1 answer
  • Residual Income The Commercial Division of Galena Company has operating income of $62,240 and assets of $228,000. The minimum ac
    6·1 answer
  • Sandoval needs to determine its year-end inventory. the warehouse contains 20,000 units, of which 3,000 were damaged by flood an
    10·1 answer
  • Ana is trying to finish an account analysis for a client, but she's missing data. She e-mails Claire in database administration
    10·1 answer
  • What are the alternatives to bankruptcy?
    7·1 answer
  • How do bonds earn income
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!