Answer:
Bank Certificate of Deposit (CD)
Explanation:
For the 65-year old widow in this scenario, the best recommendation would be a Bank Certificate of Deposit (CD). A traditional Bank CD is a time-bound deposit, in which you enter into an agreement to let the bank use your money for a fixed period of time, and in return, the bank pays you a higher interest rate than it would for a traditional savings account. Thus providing a good income with very low risk.
Answer:
production of different types will compete for limited resources.
Explanation:
The production possibilities model is also known as the Production–possibility frontier. It is the visual model of efficiency and scarcity. It provides the concept of how the economy can change things by using two goods as an example. It determines the trade offs that is associated with the allocation of the resources between the production of the two goods.
The production possibilities curve or model shows the inverse relationship between the two goods and the services as producing different types of products or services will complete for the limited resources available.
An economy has a very limited economic resource and therefore it can produce more number of one good by making only less of some another good.
Answer:
Option (A) is the correct answer to this question.
Explanation:
The cessation of the Sporty line would forfeit the profits produced by the Sporty line business, but the business (Beautiful Watches) will have to bear the $38,000 fixed expenses involved by Spotify Watches.
However, if production continued, the Sporty watches would have suffered a loss of $32,000. The company will bear fixed costs regardless of whether the company continues or discontinues the Sporty line market.
Accordingly, the gross operating profits should have been
= Total operating expenses - ( $ 38000 - $ 32000)
= $ 55000 - ( $ 38000 - $ 32000)
= $ 55000 - $ 6000
= $ 49000
There is also a fall of $6000 ($55000-$49000) in operating profits.
Other options are incorrect because they are not related to the given scenario.
Answer:
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Explanation:
The teachers that Sam imitates constitute <u> models </u> for him.
One of the first learning modes that every human use is the imitation. A baby can learn by direct experience (if he touches a metallic surface in winter the baby learns it is cold) or by imitation: when the baby sees the mom talking the baby learns to move the lips. The mother is baby's first model and the baby learns by imitating her.
When we grow up, we have many models: relatives, friends, peers, teachers, and virutally any person with whom we are in contact.
Imitating continues during all the life and teachers are very important models.
Specially, when the teacher is a good example and arouses admiration, the students will trend to imitate them. Particularly, in the case of Sam who wants to be a teacher: probably Sam has had some excellent teachers whom he admires and made him to want to follow their steps, which is why he imitates them. They are a good model to follow.
