Answer:
a) a monetary unit for measuring and comparing the relative values of goods.
Explanation:
In the case when the economist said that money could be treated as the store of value so this means that it represent one of the functions of money which can be stored and retrieve later onwards
Also it is a monetary unit that could be used for measuring and also compared the goods value
Therefore the option a is correct
Answer:
d. 1.25
Explanation:
In a business context, the capacity utilization rate is a value that allows the company know how well they are performing compared to what the recorded optimal levels are. In order to calculate this value we simply divide the current operating level for a specific time-period by the optimal level of that same time period, which in this case would be 1 hour. Therefore, in this case we would divide 500 by 400 which would give us 1.25.
Answer:
<em>Explained Below.</em>
Explanation:
Marketing is just not the process of advertising but it is the process<em> </em>to<em> create or originate</em> goods and products, then to <em>distribute </em>the product widely as much as possible, and also pricing goods, and giving <em>services</em> to the consumer who is particularly using that product, and <em>new ideas</em> which facilitate and satisfies exchange connection with the consumer of the product.
Answer:
Zone of service
Explanation:
Zone of service is the period where there is intensive service to be rendered to customers because of the number present per hour. Since they can serve 162 customers per hour, one can estimate that they would be serving about a thousand customers per night within a six-hour period. In the zone of service, every hand would usually be on deck and the tables and chairs would be fully occupied with customers making their food and drink demands.
Answer:
total interest paid I =$ 552,455.77
monthly payment = A/ nt =$2,027.18
Explanation:
compound interest formula is given by
A = P (1 + (r/n))^(nt)
where
A = ? (final amount)
P = $55,700
r = 9.6%
t = (1/12)monthly.
n = 25 year payment plan.
A = $55,700 (1 + (9.6/12))^(25*12)
total amount A = $608,155.77
total interest paid I =$ 552,455.77
initial principal P =$ 55,700
monthly payment = A/ nt = $608,155.77 / 300
=$2,027.18
