There is a vital sentence that is missing in the problem. Had it been present, the amount computed would not be the same.
Given:
28 years in service.
66 years old and has contributed 42,000 in her employer's qualified pension fund.
3,000 per month for the remainder of her life.
a) Retires June 2015 and collects six annuity payment.
3,000 x 6 months = 18,000 Gross income.
b) 3,000 x 12 months = 36,000
c) Income from annuity payments: 3,000 x 8 months = 24,000
Loss deductions: 3,000 x 4 months = 12,000
Answer:
Market segment
Explanation:
Consumers that share similar interest are grouped together to form a market segment. This is a marketing strategy to direct marketing communication to such groups expecting similar response from them.
This way the organization will be able to identify target customers and ensuring that marketing activities are successful.
Here, Alexander has identified market segment in commercial and real estate buyers as their response are similar to the marketing communication.
Answer:
a. tragedy of the commons
Explanation:
Based on the scenario being described within the question it can be said that the fee system corrects a problem known as the tragedy of the commons. This term describes a specific situation in a shared-resource system in which individuals go against the common good by depleting the shared resources through their collective actions in order to benefit their own self-interests.
Wendy is a great student. She is an assiduous one. How I wish every student is like her. Being independent and able to sustain her needs without any help from others.
Answer:
scarcity, tradeoffs, efficiency, and opportunity costs.
