Answer: c. a microeconomist.
Explanation;
Professor Green writing books about labor laws when taken in isolation is not enough proof that he is a microeconomist because even though labor markets and laws fall mostly under microeconomics, they should also be viewed from a macro level as well considering how unemployment affects the economy as a whole.
However, if Professor Green teaches environmental economics as they indeed do, Green is probably a micro-economist because Environmental economics traditionally falls under Microeconomics.
Answer:
At consummation of the mortgage. Consummation of the mortgage takes place when the buyer signs the loan papers. The closing disclosure must include all the relevant information about the mortgage loan, including closing costs and the agreement on who pays them. The rest of the information about the loan (monthly payment, interest rate, etc.) is not important for the seller, but the closing costs and who pays for them is important.
Answer:
Capital One's current break-even point in terms of number of units for the month is 1500 units
Explanation:
Break-even point in terms of number of units is the sales units required such that the company makes neither gain nor loss
break-even point in sales units=fixed costs/contribution margin per unit
fixed costs is $7,200
contribution margin=sales price per unit-variable cost per unit
sales price per unit is $8
variable cost per unit is $3.20
contribution margin=$8-$3.20=$4.80
break-even point=$7,200/$4.80=1,500 units
The correct option is A ,1500 units
Answer:
D. identifying new ways for people to fulfill their wants and needs
Explanation:
Entrepreneurs start new businesses in society. They are quick to spot and identify needs and wants in the market. Entrepreneurs establish businesses to provide solutions to these needs and want at a profit.
Entrepreneurs use their creativity to come up with new and unique products that offer solutions to society's problems. They innovate better products and ways of offering services that are friendly and more cost-effective. Entrepreneurship goes hand-in-hand with creativity and innovation.
Answer:
Using slover in excel, the optimum cost will be $230,000
Explanation:
et ‘a’ be the number of fronts made.
Let ‘b’ be the number of seats made.
Let ‘c’ be the number of wheels made.
Let ‘x’ be the number of fronts purchased.
Let ‘y’ be the number of seats purchased.
Let ‘z’ be the number of wheels purchased.
Minimum cost (z) = 8a + 6b +1c + 12x + 9y + 3z
3a + 4b + 0.5c <= 50000
10a + 6b + 2c <= 160000
2a + 2b + 0.1 <= 30000
a + c >= 120000
b +y >= 120,000
c + z > =24000
a, b, c, x, y, z >= 0
