Answer:
Utility overvalued
Explanation:
According to economists, such people over value the utility they are meant to get in the future. They only want to get the entire satisfaction at a go because of the fear of not getting that food again in the nearest future.
Answer:
D. A 401k is created by an employer that matches contributions.
Explanation:
Just got 100% on the test.
Answer: B
The marginal propensity to save will remain unchanged in each of the countries.
Explanation:
Marginal propensity to consume (MPC) is the percentage of increase or decrease in income that goes to consumption
Marginal propensity to save (MPS) is the percentage of increase or decrease in income that goes into savings. It can also be expressed as:
1 - MPC
Average propensity to save measures the level of saving at a given level of income.
The marginal propensity to save measures changes in savings relative to changes in income but the income remains unchanged here, the MPS also remains unchanged.
Answer:
A. $270,000 gain
B. $240,000 gain
Explanation:
A. Calculation to determine the tax consequences to Oriole Corporation on the distribution of the land
Tax consequences=$520,000 – $250,000
Tax consequences=$270,000 gain
Therefore Oriole will recognize a $270,000 gain on the distribution
B. Calculation to determine the tax consequences to Oriole on the distribution
Tax consequences=$490,000 – $250,000
Tax consequences= $240,000 gain
Therefore Oriole will recognize a gain of $240,000 on the distribution.
Answer:
.A. knowledge
Explanation:
Business knowledge refers to an entrepreneur's understanding of customers' preferences, staff skills, business operations and processes, and overall market trends. When expertly gathered, business knowledge is an essential reference point for decision making. The information is useful for continued business growth and identification of new opportunities.
Market research is one way of gathering knowledge. Before the study, David appeared to be unaware of his customer preferences. Lack of business knowledge can lead to the loss of customers and the collapse of a business. Business owners can also gain knowledge through employee and supplier networks.
