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3 years ago

7

If given an option between a sure gain of ten dollars or a twenty percent chance of gaining fifty dollars and a eighty percent c

hance of gaining nothing, most people would take the:__________.

1 answer:

mel-nik [20]3 years ago

6 0

Answer:

tt

Explanation:

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prince is curently consuming some of good X and some of good Y. If good Y is a normal good for Prince, then an increase in his i

cricket20 [7]

Answer:

b. increase his consumption of Y.

Explanation:

A normal good is a good whose demand increases when income rises and falls when income falls.

If good Y is a normal good, Prince would increases its consumption when income rises.

I hope my answer helps you

4 0

3 years ago

Suppose you purchase one share of the stock of Red Devil Corporation at the beginning of year 1 for $42.50. At the end of year 1

kkurt [141]

Answer:

17.76%

Explanation:

The computation of the time-weighted return on your investment is given below

But before that we have to do the following calculations

Year 1 = ($46.50 - $42.50) + 2 ÷ ($42.50) × 100 = 14.12%

Year 2 = ($54.50 - $46.50) + 2 ÷ ($46.50) × 100 = 21.51%

Now the time weighted return is

(1 + t)^2 = (1 + 14.12%) × (1 + 21.51%)

= 1.1412 × 1.2151

= √1.3867 - 1

= 17.76%

8 0

3 years ago

The normal form which removes any remaining functional dependencies because there was more than one primary key for the same non

Nookie1986 [14]

Boyce-Codd normal form.

6 0

3 years ago

What is the difference between a direct distribution channel and an indirect

AveGali [126]

The use of intermediaries is the primary difference between the two.

Explanation:

Direct distribution channel is one in which the consumer is directly connected to the manufacturer and there is no use of a distribution system that is separate from them and there are no intermediaries.

The contact between the two is direct.

To the contrary in an indirect distribution channel there is no direct connection between the manufacturer and the person who is actually buying the product and the business is being mediated by the middlemen.

8 0

3 years ago

Ramort Company reports the following cost data for its single product. The company regularly sells 20,000 units of its product a

kotykmax [81]

Answer:

Contribution margin per unit= $33

Explanation:

Giving the following information:

The company regularly sells 20,000 units of its product for <u>$60 per unit. </u>

<u>Direct materials $ 10 per unit </u>

<u>Direct labor $ 12 per unit</u>

<u>Overhead costs for the year Variable overhead $ 3 per unit </u>

Fixed overhead per year $ 40,000

Selling and administrative costs:

<u>Variable $ 2 per unit </u>

Fixed $ 65,200

Normal production level= 20,000 units

Contribution margin= Selling price - unitary variable costs

Unitary variable cost= direct materials + direct labor + variable manufacturing overhead + variable selling and administrative

Unitary variable cost= 10 + 12 + 3 + 2= $27

Contribution margin per unit= 60 - 27= $33

3 0

3 years ago