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3 years ago

The concept of opportunity cost would no longer be relevant if.

Business

2 answers:

oksano4ka [1.4K]3 years ago

6 0

Answer:

when an economy producing two goods is operating efficiently and at full employment

Anastaziya [24]3 years ago

5 0

Answers
What’s the question you didn’t show a picture
Explanation

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The term ""umbrella insurance"" means a policy that provides coverage when a lawsuit is brought over injuries or damage the insu

shepuryov [24]

Answer:

The correct answer is Travelers Company.

Explanation:

An Umbrella Insurance Policy is a type of coverage that goes beyond traditional insurance for homes, cars and boats. To understand what an Umbrella Insurance Policy is, it is worth analyzing your coverage. This kind of policy protects against vandalism, slander, defamation and invasion of privacy, as well as claims for damages caused to other people or property in accidents. An Umbrella Insurance Policy is very useful when, for example, a person causes a car accident and their original policy does not cover all the medical expenses of those affected. This kind of policy is suitable for individuals with many assets or high-value assets that are highly likely to suffer lawsuits.

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3 years ago

A debit: Multiple Choice Always decreases an account. Is the left-hand side of a T-account. Is the right-hand side of a T-accoun

In-s [12.5K]

Answer:

ggggg

Explanation:

5 0

3 years ago

Sara and Terry agree while talking on the phone to form a partnership to enter into the business of real property management. To

tankabanditka [31]

To be enforceable under the Statute of Frauds, their agreement must be in writing.

<h3>What Is the Statute of Frauds?</h3>

The statute of frauds (SOF) is a legal principle that mandates the execution of certain types of contracts in writing.
The Act applies to land contracts, agreements involving commodities valued more than $500, and contracts lasting one year or longer.
The statute of frauds was largely established in the United States as a common law concept—that is, unwritten legislation.
However, in many jurisdictions, such as most states, it has now been established by legislation.
The defendant may invoke the statute of frauds as a defense in a breach of contract lawsuit when it applies.
Indeed, they must frequently do so positively in order for the defense to be viable. In such a situation, the plaintiff bears the burden of proof.

To learn more about statute of frauds from the given link

brainly.com/question/14854791

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3 0

1 year ago

Find the EAR in each of the following cases: (Assume 365 days in a year. Do not round intermediate calculations. Enter your answ

Alexxandr [17]

EAR = [ 1 + (APR/m)]^m -1 where, m = periods in one year.

<h3 /><h3><u>What Is the Annual Percentage Rate (APR)?</u></h3>

The term "annual percentage rate" (APR) describes the annual interest that is produced by an amount that is charged to borrowers or paid to investors. APR is a percentage that represents the actual annual cost of borrowing money throughout the course of a loan or the revenue from an investment. This does not account for compounding and includes any fees or other charges related to the transaction. Consumers can evaluate lenders, credit cards, and investment goods using the APR as a benchmark figure.

<u>What Makes an Effective APR?</u>

What constitutes a "good" APR will vary depending on the market's competing rates, the central bank's prime interest rate, and the borrower's own credit score. Companies in competitive industries will occasionally offer very low APRs on their credit products, such as 0% on vehicle loans or leasing options, when prime rates are low. Although these low rates could sound alluring, clients should make sure that they are permanent and not just introductory rates that will change to a higher APR after a set amount of time. Furthermore, individuals with really good credit ratings can be the only ones who can get low APRs.

<u>Calculation:</u>

<u>a.</u> [ 1 + (0.099/4)]^4 -1

EAR = 10.27%

<u>b.</u> [ 1 + (0.189/12)]^12 -1

EAR = 20.62%

<u>c.</u> [ 1 + (0.149/365)]^365 -1

EAR = 16.06%

<u>d.</u> [ 1 + (0.119/10,000)]^10,000 -1

EAR = 12.63%

Learn more about the annual percentage rate (APR) with the help of the given link:

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<u>Correct question:</u>

Find the EAR in each of the following cases: (Assume 365 days in a year. Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)

Stated Rate (APR) Number of Times Compounded Effective Rate (EAR)

a. 9.9% Quarterly

b. 8.9% Monthly

c. 14.9% Daily

d. 11.9% Infinite

3 0

2 years ago

Consider an economy that produces only DVDs and DVD players. Last year, 10th DVDs were sold at $20 each and 5 DVD players were s

trapecia [35]

Real GDP this year using last year as the base year is

B) $700

Explanation:

Last year, 10th DVDs were sold at $20 each and 5 DVD players were sold at $100 each, while this year 15 DVDs were sold at $10 each and 10 DVD players were sold at $50 each. Real GDP this year using last year as the base year is $700.
Gross Domestic Product (GDP) is the monetary value of all finished goods and services made in a country during a specific period of time.
The Gross Domestic Product calculates the real value of economic activity within a country.
GDP is a number that shows the net worth of the output of a country in local currency.
It represents the value of all goods and services produced in a specific time period within a country's borders.
Gross domestic product (GDP) is the total value of everything produced in a country.

8 0

3 years ago