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beks73 [17]
2 years ago
13

Salespeople receive a 7% commission on all items that they sell. Their sales for one day totaled $675. What was the amount of co

mmission received for that day? $20. 25 $47. 25 $202. 50 $472. 50.
Business
1 answer:
larisa [96]2 years ago
7 0

Answer:

Its 47.25

Explanation:

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Shelby is looking to purchase a new car. She knows from her marketing class, that she should research the different models she i
MaRussiya [10]

Answer:

This example shows that one of the reasons to study marketing is that it is a part of everyday life.

Explanation:

Marketing can be defined as the process through which products reach from concept to the customers. It involves the process of studying, observing and understanding the market. Market research is done to understand the needs of consumers.

There are a number of reasons it is beneficial to study marketing. For instance,

  1. We often come across marketing in daily life.
  2. Marketing graduates get a good salary.
  3. There is always a demand for marketing experts.
  4. It is a diverse career choice and provides jobs in a number of fields.
6 0
3 years ago
In the country of Wiknam, the velocity of money is constant. Real GDP grows by 3 percent per year, the money stock grows by 8 pe
vaieri [72.5K]

Answer:

(a) 8%

(b) 5%

(c) 4%

Explanation:

According to the classical quantity theory of money,

Money supply × Velocity = Price Level × Real GDP

Money supply denoted by M

Velocity is denoted by V

Price level is denoted by P

Real GDP is denoted by Y

Therefore,

Change in M + Change in V = Change in P + Change in Y

Since, we know that V is constant, so V = 0

∴ Change in M = Change in P + Change in Y

(a) Nominal GDP = Price × Real GDP

Change in P + Change in Y = Change in Nominal GDP = Change in M

Change in M = 8%, it is given in the question.

Therefore, Change in Nominal GDP = 8%

(b) Change in M = Change in P + Change in Y

      8% = Change in P + 3%

Change in P = 8% - 3%

                     = 5%

We know that change in price level is the inflation rate. Hence, the inflation rate is equal to the 5%.

(c) Real interest rate is the difference between the nominal interest rate and  the inflation rate.

Real interest rate = Nominal interest rate - Inflation rate

                             = 9% - 5%

                             = 4%

6 0
3 years ago
Brian has been recently promoted to the position of CEO at a large company that produces a wide variety of consumer goods. Brian
antoniya [11.8K]

Answer: C. Personality traits that are associated with success in one situation are likely to lead to success in other situations.

Explanation:

Personality traits shows the thoughts, behaviors and feelings of people. The main personality traits are extraversion, openness, agreeableness, conscientiousness, and neuroticism

Based in the information given in the question, Brian assumes that the personality traits that are associated with success in one situation are likely to lead to success in other situations. This is because personality traits are typically consistent and playing a vital role in the success of an individual.

4 0
3 years ago
Registration is not essential for corporations<br> True or false
Masja [62]
Hey there,

Personally, I think that this would be True, because being registered would be highly important for corporations.

~Jurgen
5 0
3 years ago
From past records it is known that 10% of items from a production line are defective. If two items are selected at random, what
nadya68 [22]

Answer:

0.2

Explanation:

The Probability distribution is the function which describes the likelihood of possible values assuming a random variable. The 10% of the items from the production line are assumed to be defective. There is a sample selection of 2 items. The probability that one of the item among the selected sample of two items is found defective is 0.2 (2 items sample *10%)

7 0
3 years ago
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