a meeting of people face to face. most of the time when you are in an interview you are applying for a job :)
Answer:
$21.72
Explanation:
Sales tax is 6%
The cost of the oven is $362
Sales tax for the oven will be 6% of $362
=6/100 x $362
=0.06 x $362
=$21.72
Answer:
C) John's decision on how to allocate his time is consistent with the rationality assumption since the decision is intended to make him better off.
Explanation:
One of the pillars of modern economic theory is that individuals are rational and they will try to maximize their benefit at the lowest possible cost. Since resources are finite, then all our decisions are made on the margin. What is the marginal benefit that we can obtain from purchasing something at its marginal cost (marginal cost = sales price for an individual).
In this case, John is trying to maximize his utility, first he will go to the gym which probably provides a larger benefit to him, and then he is going to study (which also provides a benefit). He could have chosen to either go out to somewhere else or just stayed home and watch TV, play videogames, etc., but apparently these activities do not provide him enough benefits but represent a large cost in time.
Answer: The beneficiary will receive the full-face value of the policy.
Explanation: A life insurance policy is an insurance policy that covers the life of the insurer in the case of an untimely death. There are different types of life assurance policies.
A life paid up at 75 policy is a type of life assurance policy that covers the insurer up to the age of 75 years. if the insurer now dies before attain the age of 75 years, the face value of the policy will be paid to his beneficiary while if he lives above age 75 years, the policy ceases.
Answer:
The correct answer is entrepreneurs are born, not made.
Explanation:
Entrepreneurs, social psychologists and economic theorists have speculated on whether entrepreneurs are born or made, in other words, if you are predisposed to become an entrepreneur because of your genetic constitution, or if that provision comes from your environment, conditioning or other external factor.
For most entrepreneurs, it is comforting to think that business men and women are made, that even if they lack the "right" DNA, practice, experience and sufficient conditioning to be a success.
