I think people would treat a small purchase like a snack differently than that of a bigger purchase like a washing machine because they would like to save up money and spend less. By buying a snack it’s a very small amount of money whereas a washing machine is a big amount of money so most people would by a snack rather than a washing machine mostly if they had little money because if the bought a washing machine they would either have a very little bit of money left or no money at all. Also I would consider myself a smart consumer because I only buy things or spend my money if I really need the thing that I am spending my money on.
Answer:
The correct answer is $320.
Explanation:
According to the scenario, computation of the given data are as follows:
MSFT price at expiry (S_T) = $250
MSFT with strike (K) Contract 1 = $220
MSFT with strike (K) Contract 2 = $120
So, we can calculate the payoff by using following formula:
Payoff = [(Stock price at expiry (ST) - Strike price of $220)] + [(Stock price at expiry (ST) - Strike price of $120)]
BY putting the value, we get
Payoff = ($250 - $220) + ($250 - $120)
= $30 + $130
= $160
As there are 2 contracts, then
Total payoff = $160 × 2
= $320
Answer:
a. True
Explanation:
A conflict refers to a disagreement in ideas or views which creates discord and hampers the normal operations and is injurious to goals of an organization.
A conflict may arise within a department, within a team or with clients and bosses. Resolving such conflicts becomes an essential task.
Under the collaborative approach of conflict resolution, both parties to a conflict intend to find a midway i.e win-win situation. The approach includes arrival of parties to a mutually beneficial result. This is confrontational approach where the solution to the problem is sought.
Such an approach encourages trust and agreement and is more suited when the parties to a conflict are open to resolve it in a direct and equal manner.
That would be the field of Psychiatry, which is he study of human behavior in correlation to medication therapy.
Answer:
Contribution margin ratio = 69.23%
Explanation:
We know,
Contribution margin ratio = (Contribution Margin per unit ÷ Sales per unit) × 100
Again, we know, Contribution margin per unit = Sales per unit - Variable cost per unit
Given,
Sales price per unit = $6.50
Variable cost per unit = $2.00
Therefore, Contribution margin per unit = $6.50 - $2.00 = $4.50
Putting the values into the above formula, we can get,
Contribution margin ratio = ($4.50 ÷ $6.50) × 100 = 69.23% (Rounded to two decimal places)