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butalik [34]
3 years ago
13

What is speculative risk?

Business
1 answer:
Stels [109]3 years ago
3 0

Answer:

A speculative risk is uncertain degree of gain or loss.                                                            Every speculative risk are made as conscious choices and are not just a result of uncontrollable circumstances.

Explanation:

It's basically a conscious choice you made!

You might be interested in
What is bigger 9 yd or <br>324 in​
OlgaM077 [116]
9 yards is 324 inches so they are equal.
4 0
3 years ago
When economists refer to "demand," they are speaking of:a) how much everyone wants of all products bought and sold in the nation
stellarik [79]

Answer:

d) all of the above.

Explanation:

All of the above statement correspond to different definitions of demand that economists use on a daily base.

Statement A) refers to aggregate demand, which is roughly equivalent to GDP.

Statement A.2) refers to demand schedule, which is also simply referred to as demand in the press, or in informal contexts.

Statement B) refers to an equilibrium quantity demanded, which occurs when supply and demand meet under an equilibrium price.

Statement C) refers to quantity demanded because it is not always relevant, when talking about demand, whether the good demanded is a necessity or a luxury.

3 0
3 years ago
Bridge Building Company estimates that it will incur $1,200,000 in overhead costs for the year. Additionally, the company estima
Vaselesa [24]

Answer:

Predetermined manufacturing overhead rate= $2 per direct labor dollar

Explanation:

Giving the following information:

Estimated overhead cost= $1,200,000

Estimated direct labor cost= $600,000.

<u>To calculate the predetermined overhead rate, we need to use the following formula:</u>

<u></u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 1,200,000 / 600,000

Predetermined manufacturing overhead rate= $2 per direct labor dollar

7 0
3 years ago
Delta Diamonds uses a periodic inventory system. The company had five one-carat diamonds available for sale this year: one was p
Over [174]

Answer:

$1150

Explanation:

The ending inventory of Delta diamond using specific identification method will be

Date                         Purchase                     Cost

June 1                     one purchase               $500

July 9                    Two purchase                $600

September 23       Three purchase            $650

-------------------------------------------------------------------------------------

Total cost of goods available for sale       $1750

Less: Cost of goods sold                      -$600

===================================================

Ending inventory                                        $1150

8 0
3 years ago
Nick won $1000 lottery prize He can't decide what he should spend the money con buy a console, a bike ,a watch or a trip . He gi
NeTakaya

Answer: Console

Explanation:

Opportunity cost is what one forgoes in order to get somethings else. Opportunity cost is as a result of limited resources hence a choice has to be made.

From thw question, we are told that

Nick won $1000 lottery prize and he can't decide what he should spend the money on buy as he wanted a console, a bike ,a watch or go on a trip. We are further told that he gives up the bike and the watch but he really wants the console and that in the end he saves it all for the trip.

The opportunity cost here is the console. He wasn't really interested in the bike or watch but he really as very interested in the console and he eventually gave up on the console for the trip.

3 0
3 years ago
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