Your answer is 15% on average
Answer:
Goods (wine) ; Services (consultancy)
Explanation:
In business, The difference between goods and services lies on their physical form.
Goods are something of value that have a physical form. They can be Seen, touched, felt, and tasted. You can do all of this to wine.
Services on the other hand, are something of value that do not have a physical form. Services consists of actions or help that given to another people in order to make their life easier. This is why Consultancy,
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Answer:
In deciding how many hours to work, Beulah will make a choice that maximizes her utility; that is, she will choose according to her preferences for leisure time and income.
Explanation:
People obtain utility from products they purchase and they also obtain utility from leisure time (leisure time is the time not spent at work). Generally, for people with low wages react to a higher wage by supplying a greater quantity of labor but for higher wages people who can earn so much that respond to a still-higher wage by working fewer hours.
Investors at Penny's candies have low expectations from the company since it has a very low P/E ratio. Either the company is not performing well or investors have discounted some bad news in future cash flows.
Whereas Donna's confections has a P/E of 6.7 which is much better than that of Penny's. So here the company is performing well and investors are positive on future good news and they expect the cash flows to improve and hence the stock rules at a higher P/E ratio