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dsp73
3 years ago
9

You bake a cake for a friend's party, and the friend pays you for it. This makes you a _____________. (Select the best answer.)

Question 14 options: Commodity Consumer Producer Purchaser
Business
1 answer:
storchak [24]3 years ago
8 0
Correct Answer:
Producer

Explanation:
Consumer is the one who buys the product and uses it. In this case consumer will be the friend.

Producer is the one who makes, builds or manufactures something and sell it to someone. According to the given example, if I make a cake and my friend buys the cake from me, I am the Producer. 

Purchaser is the one who purchases the product. So the friend will also be a purchaser in this case.

Commodity is the raw material or the basic goods that can be sold.

So, the best answer to this question is producer.
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A hospital whose departmental and shift teams share information and expectations about work is an example of high media richness.

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It is a way of classifying and structurally evaluating the wealth of media used in the work environment. The theory states that the greater the ability of a medium to convey a complex message effectively, the richer it will be.

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4 0
1 year ago
If an employer does not offer a retirement plan, what might be another way to save for retirement?
Strike441 [17]
I would think the answer D cause they both have good plans
3 0
3 years ago
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What is the biggest difference in who controls the 401(k) and IRA retirement plans? a. IRA is intended for a stable retirement i
Licemer1 [7]

Answer:

The answer is: D) A 401(k) is controlled and monitored by an employer, and an IRA is controlled by the investing individual.

Explanation:

A 401(k) is sponsored and controlled by an employer. The employer decides where the money is going to be invested. Sometimes the employer may match some of the employees' contributions. The employer can also take loans or hardship withdrawals from the 401(k) funds.

While IRA accounts are held by custodians which are banks or brokerage firms.

5 0
3 years ago
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Your Godmother left you an inheritance of ​$100,000​, payable to you when you turn 26 years old. You are now 21.​ Currently, the
KIM [24]

Answer:

The offer should be accepted

Explanation:

It is known that the amount $100,000 will be paid to someone when he turns 26 years. The current age is 21 years.

the 5-years bond is given 3.1 percent of interest rate.

another option for the person is offered $103,021.02 right away which is the present value.

The present value of the $100,000 that is going to be received after 5 years is calculated as follows;

Present value =  Amount to be received /(1+interest rate/100)^t

                        = 100,000/(1+ 3.1/100)⁵

                         = 100,000/ 1.031⁵

                         = $85,843.35

Therefore, the present value is $85,843.35 for the amount $100,000 to be receive after five years.

Since the amount  $103,012.02 he was offered is greater than the present value of his inheritance after 5-years, the person should accept the offer  and forget about the inheritance of $100,000.

6 0
3 years ago
A client is currently training in the Hypertrophy Phase of the OPT model. Which phase of the flexibility continuum would be the
joja [24]

Answer:

The correct answer is active.

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8 0
2 years ago
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