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Margaret [11]
3 years ago
13

Christian is 33 years old, has been renting for the past five years, and is now thinking about purchasing a home by applying for

a mortgage. Why is it important for him to check the information recorded on his credit report? Group of answer choices To confirm that his landlords' names are not on the report To verify the accuracy of his rental history To check the accuracy of his landlords' addresses To ensure that his roommates' names are on the report
Business
1 answer:
wlad13 [49]3 years ago
4 0

Answer: To verify the accuracy of his rental history

Explanation:

Based on the scenario in the question, it is it important for Christian to check the information recorded on his credit report so as to verify the accuracy of his rental history.

He has to verify his rental history so as to know if there's a mistake or if the details written are not correct. To apply for the mortgage, he needs to ensure that the details are correct.

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What is the hedonic theory of wage differentials? Discuss the characteristics of a normal-profit isoprofit curve. Combine isopro
Hatshy [7]

Answer:

hedonic Theory of Wages:  

Accept just two kinds of occupations in the work showcase (safe employments versus unsafe occupations). Under this, sheltered employments have likelihood of zero that specialist gets harmed. Unsafe occupations have likelihood of 1 and laborers know this. Laborers care about whether their occupations are sheltered or hazardous.  

Laborers expand utility by picking wage-chance blends that offer them the best measure of utility. Expect laborers disdain hazard, yet to various degrees, for example they have diverse ideal pay chance blends. Firms are on their isoprofit bends that give the hazard wage mixes that give zero (financial) benefit. They vary between firms. An indulgent pay work mirror the connection among wages and occupation qualities. It matches laborers with various hazard inclinations with firms that can give employments that coordinate these diverse hazard inclinations.  

Apathy bends uncover the exchange offs that a laborer favors among wages and level of hazard (chance thought to be an 'awful'). To give a similar utility, dangerous occupations must compensation higher wages than safe employments. The more prominent the laborer's aversion for hazard, the more prominent the pay off required for changing from a safe to an unsafe activity, and the more noteworthy the booking cost. As the pay firms bring to the table for hazardous occupations increments, less firms will extend to dangerous employment opportunities and bringing about a descending slanting interest bend as it turns out to be increasingly productive for firms to make occupations spare than to pay the higher compensation.  

Suppositions of Differential Wage Theory are:  

  1. The compensation differential is sure. Hazardous employments pay more than spare occupations.  
  2. The balance wage differential is that of the last laborer employed (the peripheral specialist). It's anything but a proportion of the normal abhorrence for chance among laborers in the work showcase.  
  3. Along these lines, everything except the minimal specialist are overcompensated by the market.  

On the off chance that a few specialists like to work in dangerous occupations (they are eager to pay for the option to be harmed) and if the interest for such laborers is little, the market repaying differential is negative. At point P, where supply rises to request, laborers utilized in unsafe occupations acquire not as much as laborers utilized in safe employments. The outline given beneath shows the circumstance:  

Isoprofit Curve:  

As it is exorbitant to create well-being, a firm contribution hazard level P* can make the working environment more secure for example move left on flat pivot, just on the off chance that it diminishes compensation while keeping benefits consistent, so that the iso-benefit bend is upward slanting. Higher isoprofit bend returns lower benefit.

6 0
3 years ago
Bonita Corporation had net sales of $2,409,200 and interest revenue of $38,100 during 2020. Expenses for 2020 were cost of goods
____ [38]

Answer:

net income: $ 451,010

EPS:             $           6.32 per share

Explanation:

net sales                   2,409,200

cost of good sold     (1,464,600)

gross profit:                  944,600

operating expenses:

selling expenses         (284,000)

operating income         660,600

non operating:

interest revenue              38,100

interest expense           (54,400)

non operating expense (16,300)

earning before taxes:     644,300

tax expense:  30%          193,260

net income                      451,010

shares outstanding          71,390

Earning per share: 451,010/71,390 = 6,31755

4 0
3 years ago
A focused low-cost strategy
melamori03 [73]

Answer:

(C). Involves serving buyers in the target market niche at a lower cost and a lower price than rival competitors

Explanation:

The focused low cost strategy is a business level strategy that <u>involves an organization choosing a segment or niche </u>within a large market and then <u>focusing its available resources on serving the needs of customers in that market segment.</u>

It requires the organization to operate at<u> low costs</u> so it can <u>offer prices of its products, lower than what competitors have to offer.</u>

5 0
3 years ago
Suppose a firm that produces for this market is able to dump toxic chemicals into a river next to its factory, which poisons wil
Hatshy [7]

Answer:

an externality

Explanation:

Externality -

It is the cost or the benefit received by the third party , is known as externality .

The third party does not have any control over the creation of the cost or the benefit .

The externality can be negative as well as positive and can arise from the production or consumption of the services and goods .

hence , the correct term fro the given statement is an externality .

5 0
3 years ago
With respect to how economists study the economy, which of the following statements is most accurate?a. Economists study the pas
NARA [144]

Answer:

c. Economists devise theories, collect data, and analyze the data to test the theories

Explanation:

Economists use past data to predict the future.

They make use of sound economic theory instead of rule of thumb to predict the future.

I hope my answer helps you

4 0
3 years ago
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