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3 years ago

There is no relationship between the level of education received and lifetime earnings.

Business

1 answer:

Mekhanik [1.2K]3 years ago

4 0

Answer: False

Explanation:

There is a relationship between the level of education that a person receives and the lifetime earnings. It should be noted that the more education that a person receives, the higher the lifetime earnings of such person will be.

For example, someone who has a doctorate degree is expected to have a higher lifetime earnings than someone who has a high school degree.

Therefore, based on the explanation given, the statement is false.

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We opened the doors to Data Driven Donuts last year. What type of analysis tells us how we performed the first year?

sweet [91]

Answer:

Descriptive

Explanation:

Any company,business or organization that want to know how well they performed in the first year of their business or first year of operation will have to make use of DESCRIPTIVE ANALYSIS reason been that this type of ANALYSIS will help to collect data, analysed and summarize the data in details in order to interprete and present the data in a more useful way.

Therefore the type of analysis tells us how we performed the first year is called DESCRIPTIVE ANALYSIS

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3 years ago

The shape of the production possibilities curve

Jobisdone [24]

When the production possibilities curve is a straight line, opportunity costs are the same no matter how far you move along the curve.

<h3>What is production possibilities curve?</h3>

The production possibilities curve (PPC) is a graph that shows the different combinations of output that can be produced with given available resources and technology.

The PPC curve usually have a concave shape not a straight line because there is always a cost involved in making a choice.

For example:- when the quantity of one good produced is higher and the quantity of the other is low, it is known as the opportunity cost.

Learn more about the PPC here:-

brainly.com/question/14293257

#SPJ1

6 0

2 years ago

United Airlines prices its tickets so that it is less expensive to travel between midnight and 5:00 a.m. than during the day, wh

cluponka [151]

Answer:

The correct option is B,demand-based

Explanation:

Demand-based is the pricing strategy of hiking prices at busy at peak periods and charging modest prices at off-peak periods.

The reason for charging higher prices at peak periods the traffic at that time stretches the resources of the business,hence a little extra price is added as contribution towards maintenance of existing facilities and possible upgrade in the near future.

This approach is also known with telecommunication firms such as Vodafone and MTN.

6 0

3 years ago

Jax Recording Studio purchased $8,200 in electronic components from Music World. Jax signed a 90-day, 10% promissory note for $8

Brilliant_brown [7]

Answer:

E. Debit Notes Receivable $8,200; credit Sales $8,200

Explanation:

According to the problem, computation of the given data are as follows,

Sales on credit = $8,200

Notes receivable = $8,200

So, journal entries of the sales transaction are as follows,

Notes receivables A/c Dr. $8,200

To, Sales A/c. $ 8,200

(Being sales of equipment is recorded)

6 0

3 years ago

When a business earns more money than it spends, the entrepreneur is paid from the

musickatia [10]

I believe it is the Owner's Salary.

3 0

3 years ago