It's not entirely clear what you mean by "if you do not version". However, assuming you're asking for a pricing strategy for a product with two different models (hobbyist and professional), the best pricing strategy would depend on several factors such as production costs, target market, competition, and consumer demand.
One common pricing strategy is called "skimming". This involves setting a high initial price for a product, then gradually lowering the price as demand decreases or competitors enter the market. In this case, the professional model could be priced at $600 to target serious collectors or professionals in the industry who are willing to pay a premium for higher quality. The hobbyist model could be priced at $350 to target casual collectors or enthusiasts who are more price-sensitive.
Another pricing strategy is called "penetration pricing". This involves setting a low initial price to attract a large number of customers, then gradually raising the price as demand increases. In this case, the home model could be priced at $200 to attract a larger market of casual collectors or beginners. The professional model could be priced at $500 to offer a more premium option for serious collectors, while still being more affordable than the initial $600 price.
Ultimately, the best pricing strategy would depend on various factors such as production costs, target market, and competition. A company should conduct thorough market research and analyze their costs before determining their pricing strategy.
Regenerate response
Explanation:
nafta seeks to phase out all trade and tariff barriers between the united states and asia. group of answer choices true false
The statement is false. NAFTA does not seek to phase out all trade and tariff barriers between the United States and Asia.
NAFTA, which stands for the North American Free Trade Agreement, is an agreement among the United States, Canada, and Mexico. It aims to reduce trade barriers and promote economic cooperation between these three countries. However, NAFTA specifically focuses on North American trade and does not include Asia as a participant.
While NAFTA has facilitated the elimination or reduction of many trade barriers between the United States, Canada, and Mexico, it does not extend to Asia. Trade and tariff barriers between the United States and Asian countries are typically governed by separate agreements or negotiations, such as bilateral trade agreements or multilateral agreements like the World Trade Organization.
Therefore, it is incorrect to state that NAFTA seeks to phase out all trade and tariff barriers between the United States and Asia. NAFTA's scope is limited to North America, and trade relations with Asia are addressed through other agreements or negotiations.
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Word of mouth promotion is also known as what?
Answer:
Word-of-mouth advertising (WOM advertising), also called word of mouth marketing, is the process of actively influencing and encouraging organic word of mouth discussion about a brand, organization, resource, or event.
Explanation:
hope this helps, pls mark brainliest :D
Word-of-mouth advertising is another name for viral marketing.
What is Word-of-mouth promotion?The technique of deliberately influencing and supporting organic word-of-mouth talk about a brand, organization, resource, or event is known as word-of-mouth advertising (WOM advertising), sometimes known as word-of-mouth marketing.
A corporation can reach new audiences and establish a solid brand reputation by using word-of-mouth marketing. Businesses can enhance profitability, draw in new clients, and strengthen their bonds with current consumers by utilizing this distinctive and natural kind of marketing.
The type of rewards utilized has a significant impact on the effectiveness of word-of-mouth marketing. The employment of incorrect incentives to encourage customers or representatives to spread good word of mouth about goods or brands can have negative effects on a business, according to research.
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when you install software, you are actually just being given a license to use it. what this means is that if a problem with the software causes harm to your business, you cannot hold microsoft or the supplier responsible for damages.
That is correct. When you install software, you are essentially being granted a license to use it, and this license typically comes with a set of terms and conditions that outline what you can and cannot do with the software.
One important thing to note is that the license agreement usually includes a disclaimer of liability, which means that the software supplier (in this case, Microsoft) cannot be held responsible for any damages that may result from the use of the software. This is why it's important to carefully read and understand the license agreement before installing any software on your business's computers. It's also a good idea to have appropriate measures in place, such as data backups and security protocols, to minimize the risk of harm to your business in case of a software issue.
Hi there! When you install software, you're indeed granted a license to use it, which means you have permission to utilize the software within the terms set by the provider, such as Microsoft. However, if an issue with the software causes harm to your business, you generally cannot hold Microsoft or the supplier responsible for damages, as liability limitations are typically outlined in the software's license agreement.
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A bond that matures in 10 years sells for $925. The bond has a face value of $1,000 and an 8 percent annual coupon.
i. What is the bond’s current yield?
ii. What is the bond’s YTM?
iii. Assume the YTM remains the same for the next three years, what will be the price of the bond three years from today?
The price of the bond three years from today would be approximately $1,005.86.
The current yield is calculated as the annual coupon payment divided by the current market price of the bond, expressed as a percentage. The annual coupon payment is 8% of the face value, which is $1,000 x 0.08 = $80. The current yield is $80 / $925 = 0.0865 or 8.65%.
This is the answer to part 1 of the question.
ii. The yield to maturity (YTM) is the total return anticipated on a bond if it is held until it matures. It takes into account the bond's current price, its par value, the coupon interest rate, and the time remaining until maturity. The YTM can be calculated using a financial calculator or spreadsheet software, but an estimate can be obtained using a bond yield calculator available online. Using such a calculator with the given information, the YTM is approximately 9.01%.
iii. If the YTM remains the same for the next three years, the bond will still have seven years until maturity. The price of the bond three years from today can be calculated using the formula:
Price = (Annual coupon payment x (1 - (1 + YTM)^-n) / YTM) + Face value / (1 + YTM)^n
where n is the number of years remaining until maturity. In this case, n is 7. Using the YTM of 9.01% and the face value of $1,000, the annual coupon payment is $80. Plugging these values into the formula, we get:
Price = ($80 x (1 - (1 + 0.0901)^-7) / 0.0901) + $1,000 / (1 + 0.0901)^7
Price = $1,005.86
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Part II. Uncertainty and policy design The Weitzman model is our foundation for exploring the implications of uncertainty. This question asks you to explore some results related to policy intervention in the presence of uncertainty. A town council wishes to reduce the pollution in its drinking water. The town draws drinking water from a river that is polluted by upstream farms and factories. A water filtration company can clean the water (at the town's expense). The company's marginal cost of abatement is equal to 4q, where q is a measure of the abated pollution. The town knows the firm's abatement cost, but it does not know for sure the size of health benefits from abatement. Instead, they believe that the marginal health benefit per unit of abatement could be the five following values, each with the assigned chance: MB= $2 20% 4 20% 7 10% 12 30% 20 20% (1) 6. If the town uses a price instrument (i.e., offers the water filtration company a subsidy per unit of abatement), what price should it set? (1 point)
The town should set a subsidy of $10.6 per unit of abatement to incentivize the water filtration company to reduce pollution in the river.
To determine the price that the town should set for the subsidy per unit of abatement, we need to consider the Weitzman model and the concept of the marginal social cost and benefit.
The marginal social cost is the sum of the marginal private cost (the firm's cost of abatement) and the marginal external cost (the health costs associated with pollution).
Given that the town does not know for sure the size of health benefits from abatement, we need to use the expected value of the marginal health benefit per unit of abatement. This is calculated by taking the weighted average of the possible values of the health benefit, where the weight is the probability of each possible value occurring.
Expected value of marginal health benefit = (2x0.2) + (4x0.2) + (7x0.1) + (12x0.3) + (20x0.2) = $10.6 Therefore, the marginal social benefit is equal to the sum of the firm's revenue (4q) and the expected value of the marginal health benefit ($10.6). The marginal social cost is equal to the firm's cost of abatement (4q).
To determine the optimal subsidy per unit of abatement, we need to set the subsidy equal to the difference between the marginal social benefit and the marginal social cost:
Subsidy per unit of abatement = (Marginal social benefit - Marginal social cost)/q
Subsidy per unit of abatement = (($4q + $10.6) - $4q)/q
Subsidy per unit of abatement = $10.6/q
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The most helpful kind of business and why?
Answer:
Hair Salon
Explanation:
An hair salon is the most helpful kind of bussiness besides chothing store's because your helping people with their hair and geting a lot of money from doing a curtain style.
What is the first step in the federal budget process?
a. Congress debates and compromises on a budget
b. Federal agencies propose spending
c. Executive branch creates a budget
d. President signs or vetoes budget
Answer:
executive branch create a budget
Explanation:
i think in every budget process the first step is to plan or create a budget
The Executive branch creates a budget, which is the Frist step in the federal budget process. Therefore option C is correct.
What is Budget?
A spending plan based on income and costs is called a budget. In other words, it's a projection of your income and expenses for a specific time frame, like a month or a year.
You can always have enough money for the things you need and the things that are crucial to you because budgeting helps you to make a spending plan for your money. Maintaining a budget or spending plan will also assist you in remaining out of debt or, if you are already in debt, in overwhelming it.
Depending on the specific area of the business that has to be prioritized, different budgets can be prepared. Below are three examples of common budgeting plans.
Forecast Budget
Performance Budget
Cash Budget
Hence, firstly executive branch creates a budget.
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Besides the dollar cost, what other costs should you consider when comparing alternative solutions to a problem or goal?
Answer:
Management alternatives could be compared based on how they impact ... Ultimately, identifying a widely acceptable solution requires that each ... It might be agreed that the cost elements of the decision problem are ... It may be desirable during a later step in the decision process to convert other impacts into dollars.
Management cost should be considered when seeking for solutions to a problem or goal.
Dollar cost in this context means cost of purchasing (i.e. fixed cost) to achieve a solution to a problem or goal.
For instance, when a person plans to establish a Private Kindergarten school, the dollar cost will include cost of rent, desk, chairs and etc.
However, the other cost one should consider is the Management cost will will help to achieve the goal. The more qualified and equipped the management, the higher the possibility of achieving the solution to a problem.
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Frank+got+a+new+job+through+the+valley+employment+service. +the+job+pays+$51k+per+year,+and+the+agency+fee+is+equal+to+35%+of+one+month’s+pay. +how+much+must+frank+pay+the+agency?
The amount paid by Frank to the agency equals $1,487.50.
What is meant by an agency?Agency is referring to an entity that provides the services on behalf of the principal entity.
Given values:
Frank's Annual income: $51,000
Agency Income ratio: 35% of one month's income of Frank
Computation of Agency Income:
\(\rm\ Agency \rm\ Income=\frac{\rm\ Annual \rm\ Income}{\rm\ Number \rm\ of \rm\ months} \times \rm\ Agency \rm\ Income \rm\ Ratio\\\\\rm\ Agency \rm\ Income=\frac{\$51,000}{12}\times 35\%\\\rm\ Agency \rm\ Income=\$1,487.50\)
Therefore, the amount of $14,87.50 should be paid by Frank to the agency.
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5 th question answer please
Answer:C
Explanation:
Answer:
c
Explanation:
it is not a flexible mode of transport
Factors that have led to dominance of subsistence production despite development in technology in Kenya
Answer:
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Journal Information
This distinguished journal was founded and edited for more than 20 years by the late Harold Marcus, whose energy and dedication to the scholarly study of Ethiopia and its neighbors in the Horn of Africa inspired several generations of students and scholars throughout the world. While Northeast African Studies will bring some changes in focus and format, the editors remain committed to the high standards of research, writing, and production that the original journal championed.
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Subsistence farming means the type of farming practiced in some region where majority of the crops and livestock being raised are used to maintain the farmer and his/her family.
Only the excess produce of Subsistence farming allows for sale or trade in the market.However, the dominance of subsistence production in some region such as Kenya and other part of Africa are caused by the following:
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Using demand curves, what would happen if the price of pop increases?
o. Demand for pop will increase
b. The demand curve will shift to the right
c. Demand for pop will decrease
The demand curve will shift to the left
Using demand curves, if the price of pop increases, then, the demand for pop will decrease. The Option
How does demand for product change in response to a change in price?According to demand law , as the price of a product increases, the quantity demanded of that product will decrease. This inverse relationship between price and quantity demanded is illustrated graphically by a downward-sloping demand curve.
Therefore, if the price of pop increases, the demand for pop will decrease. This can be shown by a movement up along the demand curve, resulting in a lower quantity demanded at each price point.
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One Unit Cost Analysis You are going to start a company selling bottles of bacon soda (not baking soda). You have determined that to bottle your masterpiece, you'll need to pay a bottling company $1.65 per bottle produced. They can send you 10 cases (48 bottles per case) for a $240 shipping cost. You'll also need to hire someone to place your labels on each bottle once they arrive from the bottling company. You pay $.25 per label from an online supplier. Let's assume you are paying someone $.05 for each label placed on a bottle. Since you will use a direct selling process, you will not incur a shipping fee to get each bottle to your customers. However, you decide to expand your distribution by offering $.30 per bottle sold as a commission to anyone who would help you sell your product.
One Unit Cost Analysis:The overall production cost for the bottle of bacon soda can be calculated as follows:Production Cost per bottle = Cost to the Bottling Company + Cost for Label + Cost per Bottle Placed + Commission per Bottle SoldProduction Cost per bottle = $1.65 + $0.25 + $0.05 + $0.30.
Production Cost per bottle = $2.25 per bottleTo sell your bacon soda, you have two options. First, you could approach grocery stores and try to convince them to stock your product. Second, you could sell directly to consumers at events or online.Suppose that you have decided to sell your bacon soda directly to consumers, and that you plan to sell each bottle for $3.50. This means that you will make a gross profit of $1.25 on each bottle sold. The profit can be calculated as follows:Profit per Bottle Sold = Selling Price per Bottle - Production Cost per BottleProfit per Bottle Sold = $3.50 - $2.25Profit per Bottle Sold = $1.25Therefore, to break even on your investment, you will need to sell at least 192 bottles of bacon soda.
This number can be calculated as follows:Break-Even Point = Investment Required / Profit per Bottle SoldBreak-Even Point = $432 / $1.25Break-Even Point = 192 bottlesAssuming that you can sell your bacon soda at the rate of 250 bottles per month, your total revenue will be $875. Your gross profit will be $312.50, which can be calculated as follows:Total Revenue = Number of Bottles Sold x Selling Price per BottleTotal Revenue = 250 x $3.50Total Revenue = $875Gross Profit = Profit per Bottle Sold x Number of Bottles SoldGross Profit = $1.25 x 250Gross Profit = $312.50
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The lowcountry elite depended on plantations to make their money. How did most upcountry settlers support themselves?.
The Lowcountry's economy was based on agriculture. Although many colonists had sizable estates that produced lucrative crops like rice and tobacco, others lived on modest family farms. On plantations, slave labor was prevalent.
The Lowcountry's environment proved perfect for growing profitable crops. Plantations, as opposed to tiny, subsistence farms, were built to raise cash crops for the market. The plantation system was a forerunner of capitalism.
Families that owned slaves were affluent plantation owners. By forcing the slaves to perform their labor for a sizable fee, they were able to support themselves. Despite having a population of over 1,700, they belonged to the upper class in the southern colonies. All of the southern colonies dealt with slavery in some way.
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Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).
It can be seen from the solutions given that Cain's net income is $24,000.
Here is the solution:Net income = Net cash provided by operating activities - Adjustments
= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000
= $24,000
Therefore, Cain's net income is $24,000.
Here is a breakdown of the adjustments:
To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.
A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.
The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.
A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.
A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.
A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.
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Which of the following statements is true?
a. The more information a manager has, the less risk there is when making
a decision.
b. Most managers make decisions without any information.
c. When the amount of information is low, there is less risk.
d. Risk improves decision making.
e. The more information a manager has, the more risk there is when making
a decision.
5:42 PM
Answer:
The correct answer is A. The more information a manager has, the less risk there is when making a decision.
Explanation:
In the decision-making process that occurs in any business structure, it is essential that those responsible for making these decisions have the appropriate information in order to make the most convenient decisions for the company. Thus, those in charge of this task carry out market research prior to making relevant decisions, in order to avoid making mistakes that could lead to the company losing money due to an erroneous decision.
Click this link to view O*NET's Work Activities section for Registered Nurses. Note that common activities are listed
toward the top, and less common activities are listed toward the bottom. According to O*NET, what are some
common work activities performed by Registered Nurses? Check all that apply.
communicating with supervisors, peers, or subordinates
making decisions and solving problems
repairing and maintaining mechanical equipment
drafting technical devices
assisting and caring for others
O documenting/recording information
Answer:
acdf
Explanation:
Answer:
C,D,E
Explanation:
right on Edge
Price discrimination will occur when a firm can segment its existing and potential customers into different groups based on:________
Price discrimination will occur when a firm can segment its current and potential customers into one-of-a-kind groups based on: their willingness to pay or their different elasticities of call.
Price discrimination is a promoting approach that fees customers exclusive prices for the same service or product primarily based on what the vendor thinks they can get the purchaser to agree to.
Price discrimination is a microeconomic pricing method wherein equal or largely comparable goods or offerings are sold at special fees by the equal company in one-of-a-kind markets.
Organizations use charge discrimination to target customers who can't otherwise find the money for their products, without losing revenue from those clients who can have the funds to pay the complete price.
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T_
------ Y
Robotics and automation are increasingly used in
the travel and tourism industry to handle labour
intensive and mundane tasks.
Answer:
Yes.robotics and automation are increasingly used in the travel and tourism industry of handle labour intensive and mundane tasks
In the context of the impact of internal structures, which of the following statements is true? The impacts of internal structures on organization performance remain unaffected by pay levels and employee performance. Less hierarchical structures are related to greater performance when the work flow depends on individual contributors. More egalitarian structures are related to greater performance when close collaboration and sharing of knowledge are required. High performers quit more under more hierarchical systems when pay is based on performance rather than seniority.
The true statement in the context of the impact of internal structures is that more egalitarian structures are related to greater performance when close collaboration and sharing of knowledge are required.
This suggests that a less hierarchical approach that encourages open communication, teamwork, and knowledge-sharing is likely to have a positive impact on organizational performance. Additionally, it is also true that high performers may quit more under more hierarchical systems when pay is based on performance rather than seniority, indicating the importance of fair and transparent performance-based compensation policies in retaining top talent.
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Is there any way for a monopoly to operate more efficiently than a competitive market? why or how?.
The equilibrium point in a competitive market exists at the point of optimal market efficiency.
What is competitive market?A competitive market exists a term in economics that guides to a marketplace where there exist a large number of buyers and sellers and no single buyer or seller can influence the market. Competitive markets have no obstacles to entry, lots of buyers and sellers, and homogeneous products.
In economics, especially general equilibrium theory, A perfect market also understood as an atomistic market, is determined by several idealizing requirements, collectively anointed perfect competition or atomistic competition.
No, the monopoly can never be additional efficient than the perfectly competitive market because the competitive market exists at the point of optimal market efficiency and the monopoly will deliver at the point where the MR and the MC stand equal. here the market has the excess capability and a dead weight loss.
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Using information from knowing why outsourcing is the best, why does it appear that Apple outsources to China?
Apple outsources to China because it offers lower manufacturing costs and access to a large pool of skilled labor. China has a strong manufacturing infrastructure, with many factories and suppliers that can produce high-quality components at a lower cost than in many other countries. Additionally, China has a large and highly skilled workforce, which is capable of producing large volumes of products with high levels of precision and quality. By outsourcing to China, Apple is able to take advantage of these benefits, while also benefiting from the country's strong intellectual property protection laws, which help to safeguard Apple's proprietary technology and designs. Overall, outsourcing to China allows Apple to reduce manufacturing costs, increase production efficiency, and maintain high levels of quality, which can help to improve its competitiveness in the global market.
The process in which the title company oversees the closing or document signing of the loan in close conjunction with the entity performing the escrow function on the loan is known as what...?
Answer:
Title closing
Explanation:
Title closing process involves all the steps to make sure that you complete all the legal requirements to buy a home and this includes signing the loan documents and the title before the transaction is completed. In this, there is an agent from the title closing company that handles the process to make sure everything goes smoothly. According to this, the answer is that the process in which the title company oversees the closing or document signing of the loan in close conjunction with the entity performing the escrow function on the loan is known as title closing because this is a process that includes all the steps to complete the legal requirements to buy a real state like document signing of the loan.
In order for a check to be legal tender it must be?
O Authorized
O Certified
Signed
O Processed
Answer:
certified signed
Explanation:
that signature come from police
Answer:
certified signed
Explanation:
The check only have power or in other words legit when only have the certification from the bank or the treasury.
the purchase price and all costs to bring an asset to its desired condition and location for use should be ______.
Answer: capitalized
Explanation:
The purchase price and all costs to bring an asset to its desired condition and location for use should be capitalized.
To capitalize in business is simply known as to record a cost or expense. This is done on the balance sheet. The capitalization of expenses is important as firms acquiring new assets with long-term bases can amortize or depreciate the costs.The costs that we have to capitalize when purchasing assets is the cost of the item or fixed asset.
Conclusively we can therefore say that purchase price and all costs to bring an asset to its desired condition is to capitalize them as it is the best thing to do.
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how do I start a business?
Answer: You start a business by conducting your research on what you want to do and making sure your stable enough with money because it will cost money to earn money
Explanation:
Informing and educating the target audience about the product's benefits, characteristics, and features is part of the communication strategy in the ___________ phase of the product life cycle.A. IntroductionB. GrowthC. MaturityD. DeclineE. All of these
In the introduction phase of the product life cycle, informing and educating the target audience about the product's benefits, characteristics, and features is a crucial part of the communication strategy to create awareness and generate interest in the product. The correct answer is A. Introduction.
As the product moves through the other phases of the life cycle (growth, maturity, and decline), the communication strategy may shift to focus on other objectives such as building brand loyalty or addressing competition.
During the Introduction phase, a new product is being introduced to the market. The primary goal of this phase is to create awareness and generate interest among potential customers. This is achieved through effective communication strategies that highlight the unique features, benefits, and characteristics of the product. Marketers aim to educate the target audience about how the product addresses their needs and provides value.
In the Introduction phase, communication efforts focus on building brand awareness, establishing a market presence, and differentiating the product from competitors. Advertising, public relations, social media, and other promotional activities are employed to inform and educate the target audience about the product's advantages and persuade them to try it.
As the product progresses through the subsequent phases of Growth, Maturity, and Decline, the communication strategies may evolve to focus on different objectives such as increasing market share, maintaining customer loyalty, or managing the product's decline. However, the initial phase of informing and educating the target audience about the product's benefits occurs during the Introduction phase. Hence, A is the correct option.
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HELP! 40 points! MERRY ALMOST CHRISTMAS! ☃️
Answer:
What is Money received regularly for work or through investments? Income
What is the term for an individual, who conceives of, establishes, operates, and the risks of a business?entrepreneur
What is a business cost that increases or decreases, such as labor? Variable cost
What is Money earned per hour, can include overtime?Wages
What is a business cost that remains the same, such as rent?Fixed cost
What are Usually given to full-time employees, can include health insurance, life in paid vacation? Benefits
What is money earned yearly (but usually paid weekly or monthly), can include bonuses?Salary
What is Total pay or earnings before any deductions have been taken?Gross income
Tamica doesn’t say because she lives with her parents and doesn’t think she needs any savings since they cover most of her bills which of the following is an argument against her thinking
Answer:
Savings prepare for emergencies
Explanation:
They really do
Savings prepare for emergencies.
How much should you have in your savings account for emergencies?Even as the scale of your emergency fund will vary relying on your lifestyle, costs, profits, and dependents, the rule of thumb is to put away a minimum of three monthly months' nicely really worth of expenses.
What should monthly you save monthly for a catastrophe?Some financial specialists advocate saving for three-6 months well well worth of residing fees, and even though that is without a doubt an intention month-to-month aspire month-to-month, constructing an emergency fund period of this value is a daunting challenge, and as an end result, lots of us throw in the month before even getting started out.
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PLS HELP WILL GIVE BRAINLIEST!!!!
which of the following questions might be asked by an economist who is using critical thinking to a solve a problem?
a. All of these choices are correct.
b.Which principles of command economy have the most negative effects on competition?
c.How could social security and Medicare better use their resources to expand benefits?
d.How might a hurricane in Florida affect the prices of crops grown in the state?
Answer:
the answer is A because all are correct
The question that might be asked by an economist who is using critical thinking to solve a problem is whether All of these choices are correct. Thus the correct option is A.
What is critical thinking?When using their critical thinking skills, people can decide for themselves what they should indeed or are not supposed to believe. They possess the capacity to reflect and engage in individualism in order to reach well-informed decisions.
Which tenets of the command economy harm competition the most? How Social Security and Medicare could use their resources more effectively to increase payouts will aid economists in finding a solution to a problem.
This questions helps him to identify better answers through research and helps economists to find a better conclusion to deliver an optimum solution to the problem.
Therefore, option A is appropriate.
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