Answer:
Customers walking into the fast-food restaurants and joining the shortest queues for food, or selecting a queue from lines of equal length, instead of choosing to wait in longer queues to purchase food.
Explanation:
Your answer is D - petroleum.
the area around the Persian Gulf is desert so can't be the water, coal or cattle. But here it can be found large underground reserves of Petroleum.
Answer:
110
Explanation:
The computation of the price index is presented below:
= (Cost of purchase those identical goods in 2015) ÷ (Cost to purchase the items in 2014) × 100
= ($11,000) ÷ ($10,000) × 100
= ($11,000) ÷ ($10,000) × 100
= 110
We simply applied the above formula so that the price index could come by considering the cost of 2014 and cost of 2015
Answer:
B) $2,000 is taxable and a 10% penalty will be imposed
Explanation:
Coverdell ESA distributions that are not used for qualifying educational expenses must be included in the gross income of the beneficiary and usually will be subject to a 10% tax penalty.
Coverdell ESA contributions are not taxed deductible, but the interest that they earn is not taxed. If the distributions are used to cover qualifying educational expenses, they are not taxed. But if they are not used properly, they must be included in the gross income of the beneficiary and will usually result in a 10% tax penalty (of the unused amount).
Answer:
$69,000 per year
Explanation:
the total economic cost of going to college = college expenses + implicit costs
- college expenses = $30,000
- implicit costs (opportunity costs) = $45,000 x 2 = $90,000
total economic cots = $30,000 + $90,000 = $120,000 / 5 years
if you want to recover your college costs in 5 years, you will need to recover $120,000 / 5 = $24,000 per year
so you would need to earn = $45,000 (old salary) + $24,000 = $69,000 per year
*opportunity costs are the additional costs or benefits lost from choosing one activity or investment over another alternative.