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kirill115 [55]
3 years ago
15

What is does it mean to be financially illiterate

Business
1 answer:
pochemuha3 years ago
4 0

Answer:

it is the financial skill to know how to do personal financial management, budgeting, and investing.

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Business risk resulting from uncertainty over a​ firm's earnings is a concern for​ stockholders, but not for debt holders.
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<span>Business risk resulting from uncertainty over a​ firm's earnings is a concern for​ stockholders, but not for debt holders. 

false</span>
7 0
3 years ago
Suppose a worker is offered a wage of $8 per hour, plus a fixed payment of $100 per day, and she can use 24 hours per day. what
Allushta [10]

Suppose a worker is offered a wage of $8 per hour, plus a fixed payment of $100 per day, and she can use 24 hours per day. The Market rate of substituion between leisure & income is $8 per day.

Because the budget line FE describes the opportunities available to a worker who has $100 of nonlabor income per week, faces a market wage rate of $10 per hour, and has 110 hours of nonsleeping time to allocate between work and leisure activities This means that the person will choose the level of goods and leisure that lead to the highest possible level of the utility index given the limitations imposed by the budget constraint.  

Leisure is the time when you are free from work or other duties and can relax.

Limitations the act of controlling the size or extent of something the act of limiting something.

Budget is a spending plan based on income and expenses.

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3 0
2 years ago
If a marketing manager queries a marketing information system to determine the effect of three different levels of price for a n
9966 [12]

Answer:

sensitivity analysis

Explanation:

Based on the information provided within the question it can be said that in this scenario the marketing manager would be using sensitivity analysis. This is a method of analyzing the uncertainty outputs that a mathematical model will have on something. Which in this case would be the different price levels on a new product.

6 0
3 years ago
If you​ haven't seen the right job opening​ advertised, you can write​ a(n) __________ letter to determine what opportunities ma
Veseljchak [2.6K]

Answer:

E. inquiring

Explanation:

If we​ have not seen the appropriate job opening​ advertised, we can write​ a letter of inquiry also known as a letter of interest and by ignoring the particular job that is being advertised, we use this letter to approach an organization or a company that we are willing to work for to ask if they will be hiring in the near future.

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3 years ago
Which of the following groups of accounts have a normal debit balance? Question 3 options: a) Assets and expenses b) Revenues an
djverab [1.8K]

Answer:

a) Assets and expenses

Explanation:

As we know that

The debit portion report assets and expenditures side while sales revenue, stockholder equity, and the liability side are reported in the credit portion.

So by above information, we can conclude that the assets and expenses have a normal debit balance, while other options involves both accounts credit balance or one account has a debit balance and the other account has a credit balance

4 0
3 years ago
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