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3 years ago

What is micro economy

2 answers:

6 0

Microeconomics is a branch of economics that studies the behavior of individuals and firms in making decisions regarding the allocation of scarce resources and the interactions among these individuals and firms. Microeconomics is the study of individuals, households and firms' behavior in decision making and allocation of resources. It generally applies to markets of goods and services and deals with individual and economic issues.

Example:
How a local business decides to allocate their funds. How a city decides to spend a government surplus. The housing market of a particular city/neighborhood. Production of a local business.

Stella [2.4K]3 years ago

5 0

Small economy I think or up close economy

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You are 30 years old today and are considering studying for an MBA. You just received your annual salary of $50,000 and expect i

Liono4ka [1.6K]

Answer:

Yes, you should take the MBA because the NPV of taking the MBA is positive.

Explanation:

the total economic costs of taking the MBA program include the lost wages + the costs of taking the MBA and any interest you could have earned by investing it on something else = ($50,000 x 1.03) + ($50,000 x 1.03²) + (2 x $30,000 x 1.08) = $51,500 + $53,045 + $64,800 = $169,345

the present value of your total economic costs:

$51,500/1.08 + $53,045/1.08² + $32,400/1.08 + $32,400/1.08² = $47,685.19 + $45,477.54 + $30,000 + $27,777.78 = $150,940.51

if you continued to work, your salary at year 3 would be $54,636.35 and it would continue to increase by 3% every year. The salary that you can earn with an MBA is $80,000 and it will grow by 4% per year. I used an excel spreadsheet to calculate future salaries and the differential amount between them. Then I calculated the PV at the beginning of year 3 of the differential income.

The PV of the differential income today = $560,281.31 /1.08³ = $444,769.38

the NPV of taking an MBA = $444,769.38 - $150,940.51 = $293,828.87

6 0

3 years ago

Which is the primary reason to issue stock?A.To help investors earn higherrate of return B. To rise money to grow the company C.

tatyana61 [14]

B. To raise money to a grow a company.

Stock is equity in a company that is used to help fund the expenses of a company, particularly when they are looking to grow beyond their current revenue sources. It is most useful when a company anticipates growing its revenues or decreasing its expenses through using this new capital in order to deliver a positive return for its equity investors who hold the stock certificates.

4 0

3 years ago

Portillo's Fast Food restaurants are changing their hot dog vendor. The company has realized that in order to stay competitive,

Georgia [21]

Answer: supplier search

Explanation:

Portillo's Fast Food restaurants are in the supplier search stage in the business buying process. The supplier search refers to the stage of the business buying process whereby the buyer or the company seeks the best suppliers or vendors.

The company can compile a list of suppliers and make a research about them to know the one that's most appropriate to carry out the job at hand and will be most effective and efficient. This can be infered from the question as Portillo's is looking for a vendor that can provide a product according to its new specifications at a price that is less than what it was paying in the past.

8 0

2 years ago

Stacy, a self-employed accountant, currently earns $100,000 annually. Stacy has been able to save 18% of her annual Schedule C n

Vlad [161]

Answer:

Wage Replacement Ratio = $53,000 / $100,000 = 53%

Explanation:

Total Mortgages = $1,500 x 12 = $18,000

Dollar Value Percentage

Salary $100,000 100%

Less: Self-Employment Taxes (11,000) (11%)

Less: Savings (18,000) (18%)

Less: Mortgage Payments (18,000) (18%)

$ 53,000 53%

Wage Replacement Ratio = $53,000 / $100,000 = 53%

3 0

3 years ago

To what extent might the slow service be a source of employee irritation and dissatisfaction

harkovskaia [24]

Answer:

Slow service can be an extension and source of employee irritation and dissatisfaction. In any business, you rely on employees to perform simultaneous tasks. It is a team effort. Good management usually incentives good work. As a result, when you have an employee or a cluster of employees that are not satisfied the service will more likely be poor. For example, a fast-food restaurant may have two employees that are dissatisfied with the manager. These employees will look for any distraction and will abuse breaks and so forth. The attention to detail will be minimized and items on the menu will be missing something. Finally, the business will suffer in the long run. Customers will complain and the food will have to be prioritized. Customers will leave if it is taking too long. As a team, when one or two slack off the entire team suffers. Think of a football game if two players decide to try and make all the points and fail in doing so. They have jeopardized the potential of winning or producing.

Explanation:

8 0

3 years ago