You still need to know the value of Purchases, and if i'm not wrong, the formulae is COS/Avg Inv
Answer:
B) Save her money.
Explanation:
The girl's utility of saving her money = √$15 = $3.87
If the girl starts her lemonade business, the expected utility of her investment = (50% x √$5) + (50% x √$27) = (50% x $2.236) + (50% x $5.196) = $1.118 + $2.598 = 3.72
Since the utility of saving her money ($3.87) is > than the utility obtained by the investment ($3.72), the girl should save her money.
Answer:
The main function of a business is to add value to the customers they have chosen to serve.
A business simply satisfies a need or want of people and tries to make something convenient and easy for them.
The more a business understand the requirements, needs and wants of their customers, the more they add value and the more they will remain a successfully company.
Explanation:
Answer:
When the money market is drawn with the value of money on the vertical axis, the price level increases, money demand shifts right or money supply shifts left.
Explanation:
if the money market is drawn with the value of money on the vertical axis, while the price level increases there will be a decrement in the value of money, and an increment in the quantity of money demanded.
An increment in the price level causes the money demand curve to shift to the right , while a decrement in the price level causes the money demand curve to shift to the left.
As the price level decreases, the value of money increases, so people want to hold less of it.
Therefore, when the money market is drawn with the value of money on the vertical axis, the price level increases, money demand shifts right or money supply shifts left.
The correct answer is letter C. Structural unemployment describes the short period of unemployment used for matching job seekers to jobs. This happens when there is no available job that the economy can offer that would match the employees general skills.
