Answer:
using headings
Explanation:
Headings can be used to emphasize key points in written communication such as in memos. In busy organisations where staff might not have time to read the entire text, headings can be used to indicate key points which members will easily pick up as they quickly scan through the text . Such a written communication strategy can be adopted by Daren at MalChop Inc.
Answer:
15%
Explanation:
This is a time value of money question which requires the calculation of the effective annual rate (EAR) on the loan.
First calculate the <em>interest rate</em> of the loan that is <em>compounded monthly</em> using the given parameters as follows :
Pv = $45,975.00
N = 9 × 12 = 108
Pmt = - $752.50
P/yr = 12
Fv = $ 0
i = ?
Interest Compounded Monthly = 14.0579 %
Effective = 15% (using a financial calculator)
Answer:
D. Economics does not use theories.
Explanation:
Economics is the study of : limited resource allocation, having alternative uses - to satisfy unlimited wants.
Economics is both a science (empirical science) & art (social science).
Economics has generally accepted rules & laws, based on experimentation - like Empirical Science. Eg: Law of Demand stating inverse relationship between price & quantity demanded.
Economics has subjective application essence to solve economic issues - like Social Science / art. Eg: Contractionary monetary policy (reducing money supply) to solve inflation (high price level)
Answer:
He earns $296780 as a Sales Trainee and $377094 as a Sales Associate
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Explanation:
Given
Let x represents his sales as a sales trainee
Let x represents his sales as a sales associate
Total Sales: 
Total Commission: 
Required
Find x and y
Equations
--- (1)
--- (2)
Make y the subject of formula in (1)
Substitute this in (2)
Open Bracket
Collect Like Terms
Divide through by -0.03
Recall that
<em>Hence;</em>
<em>He earns $296780 as a Sales Trainee and $377094 as a Sales Associate</em>
The answer is normal goods.
A normal good, often known as a necessary good, refers to the degree of demand for the good in relation to wage growth or contraction rather than the quality of the good itself.
The relationship between income and demand for a typical good is elastic. To put it another way, changes in income and demand are connected positively or move in the same direction.
The amount by which the quantity demanded for a good changes in response to a change in income is measured as income elasticity of demand. It is employed to comprehend alterations in consumption habits brought by variations in purchasing power.
The income elasticity of demand for a typical good is positive but less than one.
Therefore, Normal goods demand will be more at the point during economic growth. So, inferior goods are sold more at the time of recessions due to less income.
Hence, in the given scenario, where Many gourmet shops go out of business during recessions since they sell almost exclusively normal goods.
Learn more about demand:
brainly.com/question/1245771
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