Economics involves using resources in order to make goods and services to satisfy the needs and wants of the consumers.
Economics is considered to be the study of using resources in order to produce the goods and services which is as effectively and efficiently as possible to satisfy the needs and the wants of the consumers. It has been seen that the goods satisfy human wants.
However, this want-satisfying quality in a good is thus called utility. Thus, utility means the power to satisfy a human want. So, the customers tend to expect and they want a unique and personalised experience when purchasing.
Hence, a consumer is one who is the decision-maker that whether or not to buy an item.
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A firm that makes use of a _____ recognizes other stakeholders beyond investors, employees, and suppliers, and explicitly acknowledges the two-way dialog that exists between a firm's internal and external environments.
Stakeholder orientation refers to how well a company comprehends and responds to stakeholder needs. Compared to secondary stakeholders, primary stakeholders are small groupings.
Why is it crucial for companies to identify secondary stakeholder groups?Because they have an impact on a company's reputation, secondary stakeholders are crucial. Compared to primary stakeholders, secondary stakeholders frequently speak up more. Compared to secondary stakeholders, primary stakeholders are small groupings.
What does a stakeholder orientation aim to accomplish?Stakeholder orientation refers to a pattern of social responsibility ideals, decision-making, or conduct in which managers make decisions and take actions while taking into account the interests of numerous stakeholder groups, such as consumers, employees, etc.
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Which type of malicious entity is most likely to launder the proceeds of illegal activities through online gambling sites
Organized crime groups are most likely to launder the proceeds of illegal activities through online gambling sites.
These groups are often involved in a wide range of illegal activities, such as drug trafficking, human trafficking, and money laundering, and may use online gambling sites as a way to move large amounts of money quickly and discreetly.
Additionally, online gambling sites are particularly attractive to these groups because they are often based in jurisdictions with weak regulatory oversight, and can be difficult to track or monitor. Organized crime groups may also use online gambling sites to launder money in small, incremental amounts, making it harder for authorities to detect the activity.
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Which of the following functions of money is also a common function of most other financial assets? a. a unit of account b. a store of value c. medium of exchange d. None of the above is correct.
Medium of exchange is also a common function of most other financial assets.
The correct answer is option C.
Money has a variety of purposes. When first used for commerce, it is widely accepted by the government. As a means of exchange, money makes transactions for goods and services easier. Producers trade money for their products when they sell them to wholesalers. until they have received payment from wholesalers, who then sell their goods to retailers, who then do the same for customers. As a means of exchange, money makes transactions for goods and services easier. Producers trade money for their products when they sell them to wholesalers. until they have received payment from wholesalers, who then sell their goods to retailers, who then do the same for customers.
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What demonstrates the economic concept of scarcity?
Scarcity is an economic concept that states that demonstrates that there is a finite amount of resources and goods available
Scarcity demonstrates that the demand for these goods and resources will always outweigh the supply. Scarcity is an economic concept that refers to the limited availability of resources or goods.
This forces individuals to make choices based on their individual preferences and needs, and to prioritize the resources they have available.
Scarcity drives up the price of goods and resources, and can create competition between those who need or desire those goods and resources.
This can lead to decreased availability and increased prices, making it difficult for individuals to access the goods and resources they need.
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Suppose that you really enjoy going to the movie theater, but at your current level of income, it is more affordable to rent a movie at home. Then suppose you receive a promotion and your income rises. With this extra money, you go to the movie theater more often instead of renting movies. This scenario demonstrates that to you, rental movies are a(n) the movie theater are a(n) good. good and movies at normal; normal normal; inferior inferior; normal inferior; inferior
Inferior products are ones whose price elasticity is negative; nevertheless, inferior products are not necessarily of lesser quality.
Explain Inferior Goods and Consumer Behavior.When their income level fluctuates, consumers frequently spend more or less on a certain commodity. Due to preferences that are constrained by income level, this has happened. Accordingly, there are three categories of goods: subpar, ordinary, and necessary. When a consumer's income increases, they will switch from inferior products to better ones. The demand for common commodities rises as income levels do. Despite variations in income, the demand for necessities stays consistent. Therefore, in the given case, renting movies is a poorer good whereas going to the movies is a standard good.
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In a case of mortgage loan delinquency, it is the ______ that determines when foreclosure proceedings will commence.
When it comes to home loan default, lenders decide when foreclosure procedures will begin. Hence, the right answer is lenders.
What does the term "lenders" signify in accounting?A lender is a company that lends money to other companies or individuals in return for a set or variable interest rate and a guarantee to repay. Lenders are required for a variety of reasons, including the following:
To offer money for large purchasesTo enhance the number of funds for working capitalTo provide a backup line of credit to help with erratic cash flowsLenders may opt to offer just specific sorts of loans or to limit their lending activity to specific categories of companies. A lender, for example, may specialize in individual mortgages or company credit lines.
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Land use patterns that reduce incentives for renovations or new development because of an excess of bars, liquor stores, or other businesses that cater exclusively to adults, and that tend to encourage public safety problems are characteristics of what
The above mentioned statements are the characteristics of blight that tend to encourage public safety problems.
Preventing and defending against situations that might jeopardise the general public's safety and security from grave risk, harm, or property damage is known as public security or public safety. It is frequently carried out by a state's government to safeguard its residents, those who live on its territory, and organisations and institutions from dangers to their existence, prosperity, and well-being. Organizations involved in public safety are those that carry out public safety. They often include first responders and emergency services, including law enforcement, fire departments, hospitals, security personnel, and military personnel. Wherever possible, private public safety groups do exist, although they are frequently run by the government.
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Which of the following stakeholder groups does not engage in regular transactions with a company?
a. Customers b. Local communities c. Special interest groups d. Governments
The stakeholder group that do not engage in regular transactions with a company is option D. Government
What is Government?Government refers to the organization and administration of the affairs of a community, society, or state. It typically involves the creation and enforcement of laws, the provision of public services, and the protection of citizens' rights and interests. Governments can take many forms, including democracies, dictatorships, monarchies, and federations, and can vary in their scope and level of power.
Therefore, the correct answer is as given above
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Which scheduled report setting allows you to define a time range for a report to run if it is delayed
We may choose a time window for our report to run using the Schedule Window options. So, we may offer a window in which to execute a report if other reports are scheduled to run concurrently.
Alert Type: A scheduled alert's run time is determined by the day and time selected from the drop-down menus. Scheduled alerts are sent out at predetermined intervals. On the other hand, the search runs continually in the background when the alternative real-time alert option is selected. The alert action is carried out each time the criteria is satisfied. The alert may be set up to do various actions depending on the level of escalation. When the trigger criteria are satisfied and the alert triggers, Escalation Level 1 comprises all initial actions that you wish to do.
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The monetary authority of The Stoddard Islands will exchange its currency for U.S. dollars at a one-for-one ratio. As a result, the exchange rate of the Stoddard Islands currency with the U.S. dollar is 1.00, and many businesses in the Islands will accept U.S. dollars in transactions. This exchange rate regime is best described as:
This exchange rate regime is best described as a currency board.
A currency's exchange rate is the price at which it will be converted into another. The majority of the time, currencies are those of a particular country, but they can also be supra-national, like the euro, or sub-national, like that of Hong Kong. The exchange rate is another term for the relative worth of one currency to another. Currency boards are a blatant illustration of a defined exchange rate. A nation loses control over the amount of money in circulation and the exchange rate if it has a central bank. In most cases, a currency board is required to preserve both a predetermined exchange rate and reserves of the underlying foreign currency.
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Fast Bean sells coffee to Federico to brew and drink at home. This is an example of business-to-Blank______ marketing
Fast Bean sells coffee to Federico to brew and drink at home. This is an example of business-to-Blank vendor marketing.
Opting for marketing merchandisers is an important part of marketing because many companies have the coffers to complete every design in-house. For illustration, you may need a seller's moxie and coffers too.
Write, design or produce deals literature, advertisements or other creative accouterments. A company or an existent that sells a good or service is a seller. Marketing Merchandisers may vend to other businesses, or they may be retailers who vend straight to consumers. An illustration of a seller is a company that provides force for exchange apparel stores.
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What do you mean by undecidability?
Not being able to be decided upon, not decidable, is what is meant by undecidability.
What exactly do Decidability and Undecidability mean?A conundrum of decision If the language L of all instances of yes to P is not decidable, then P is not solvable. A language that cannot be decided upon may yet be partially decided upon.A Turing machine wouldn't exist for a language if it wasn't even partially decidable, so let's assume that is the case.The absence of a Turing machine that can decide a language is required to demonstrate its undecidability. Assuming all potential TMs, this is challenging.Not being able to be decided upon, not decidable, is what is meant by undecidability.To learn more about undecidability refer to:
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The primary reason the author wrote this letter was to A. inform the CEO that a bad batch of bars was still being produced. B. let the CEO know why he would be switching to a different energy bar. C. express his preference for energy bars that do not taste like candy bars. D. vent his frustration that the company had abandoned its original recipe.
Energy drinks and bars make the promise to provide healthy energy for both people and athletes.
Energy drinks and bars are nutritional supplements that contain micro-nutrients like cereal, protein, carbs, and dietary fiber. When cooking and participating in sports, these are consumed as nutritious foods. Sugar and caffeine are also included in little amounts. Despite this, compared to many other types of food, an energy bar still provides more nutrition. Energy drinks and bars make the promise to provide healthy energy for both people and athletes. However, while having more sugar than snacks, it is still healthier. Therefore, the bakery will need 84 cups of granola to produce 30 batches of Raisin Nut energy bars. The bakery needs 63 cups of granola in order to produce 15 batches of Honey Almond energy bars. The bakery needs 84 cups of granola to manufacture 30 batches of Raisin Nut energy bars.
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Based on the information in the graphic, which of the following strategies would a group seeking to preserve the ruling in Roe v. Wade likely pursue
A group seeking to preserve the ruling in Roe v. Wade would likely pursue a strategy of advocacy and activism.
This would involve educating the public about the importance of Roe v. Wade and how it has protected the reproductive rights of women, as well as mobilizing supporters to speak out in support of the decision. Additionally, the group could lobby legislators and other public officials to oppose any efforts to weaken or overturn the decision, and work to ensure that any new legislation is consistent with the ruling.
When displaying data graphically, a chart (sometimes referred to as a graph) uses symbols to represent the data, such as bars in a bar chart, lines in a line chart, or slices in a pie chart.
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Neoclassical economic theory strongly supports the role of government in promoting balanced growth. True False
The statement is False. Neoclassical economic theory do not strongly supports the role of government in promoting balanced growth.
Neoclassical economics is an expansive hypothesis that spotlights on market interest as the main thrusts behind the creation, valuing, and utilization of labor and products. It arose in around 1900 to contend with the previous speculations of traditional financial aspects.
Neoclassical economics theories speculations underlie cutting edge financial aspects, alongside the precepts of Keynesian financial aspects. Albeit the neoclassical methodology is the most generally shown hypothesis of financial matters, it has its doubters.
Government job ought to be tiny and uninvolved.
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In 2021, father sheets received $38,500 salary for ministerial services, $2,750 for performing weddings, and $13,750 excluded parsonage allowance (a total of $55,000). He incurred $5,500 of unreimbursed expenses related to his ministerial salary and $1,500 related to the weddings performed as self-employed. Consider that the excluded parsonage allowance will affect the allocation of expenses. How much of these expenses will be deductible for income tax purposes?
Active duty military pay and summer encampment compensation are free from the municipal earned income tax as of January 2016.
What is income, for instance?Income is the money a person or organization receives in return for labor, the creation of an item or service, or the use of capital. While companies make money by selling services or products over their cost of production, individuals often do so through wages or salaries.
Quelles of income: what are they?The income in a straightforward economy is derived from two sources. household sector (a) and business sector (b). Through reciprocal trade, these make money. The production inputs are owned by the household sectors, which also provide them to the businesses.
To start, calculate Pastor Malachi's non-deductible part of income as follows:
= Parsonage allowance excluded / Ministerial salaries x Self-employment earnings
= 13, 750 / 55, 000 x 1, 500
= $ 375
The unreimbursed expenditure deduction would therefore be as follows:
= Non-deductible percentage of self-employment income
= 1, 500 - 375
= $ 1, 125
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$1,125 of these expenses will be deductible for income tax purposes.
How do you determine the deductible expense for income tax purposes?The income in a straightforward economy is derived from two sources. household sector (a) and business sector (b). Through reciprocal trade, these make money. The production inputs are owned by the household sectors, which also provide them to the businesses.
To start, calculate Pastor Malachi's non-deductible part of income as follows:
= Parsonage allowance excluded / Ministerial salaries x Self-employment earnings
= 13, 750 / 55, 000 x 1, 500
= $ 375
The unreimbursed expenditure deduction would therefore be as follows:
= Non-deductible percentage of self-employment income
= 1, 500 - 375
= $ 1, 125
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Which of the following is true of government interventions in a country's trade practices? a. Lower restrictions should be placed on products coming from countries where a government has a large sphere of political influence. b. Governments intervene to protect only imports, as the protection of exports is handled by private agencies. c. A major political motive behind government intervention in trade is the protection of infant industries. d. Government interventions help companies take advantage of economies of scale and be the first movers in their industries.
A major political motive behind government intervention in trade is the protection of infant industries.
What is the primary cultural justification for government intervention and trade?Protecting domestic jobs is one of the primary cultural justifications for government trade involvement. A country's government may decide to obstruct imports that it deems undesirable due to unwanted cultural influence.
What political factors mostly drive government trade intervention?Protecting local jobs, maintaining national security, retaliating against "unfair" trade by another country, and gaining influence over other countries are all examples of political motivations. Protecting nascent businesses from rivalry and pursuing a strategic trade policy are two examples of economic motivations.
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Unadjusted cost of goods sold is calculated by subtracting ending finished goods inventory from...
A. costs of goods manufactured
B. goods available for use
Unadjusted cost of goods sold is calculated by subtracting ending finished goods inventory from goods available for use.
What is cost?In manufacturing, research, retail, and accounting, cost is monetary value that is no longer available because it was used to produce something or provide a service. In business, acquisition costs can be acquisition costs. In this case, the amount spent on the acquisition is counted as an acquisition cost. Cost is the amount of money a business spends to create or produce goods or services. This does not include the profit markup. From the seller's view point, cost is the amount of money spent to produce the goods and products. Cost is defined as the sum of actual expenditure on inputs and imputed expenditure on inputs supplied by the owner.To learn more about cost from the given link :
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During the current year, Geraldine has Section 1231 gains totaling $13,000. She also has $3,000 of Section 1231 losses. Three years ago, Geraldine reported a net Section 1231 loss of $6,000. Which of the following correctly describes the amount and treatment of the gain?A)$6,000 is treated as long-term capital gain, $4,000 is treated as ordinary incomeB)$6,000 is treated as ordinary income, $4,000 is treated as long-term capital gainC)10,000 is treated as long-term capital gainD)$10,000 is treated as ordinary income
During the current year, Geraldine has Section 1231 gains totaling $13,000. She also has $3,000 of Section 1231 losses.
What is ordinary income?
Ordinary income is income that is not subject to special tax treatment in the form of lower tax rates or other tax preferences. It is the most common form of income and includes wages, salaries, tips, commissions, bonuses, and net income from self-employment.
It also includes most types of investment income, such as dividends, interest, and capital gains, as well as rental income and any other income reported on IRS Form 1040. Ordinary income is subject to taxation at the taxpayer's marginal tax rate, which can range from 10% to 37%.
Three years ago, Geraldine reported a net Section 1231 loss of $6,000. Which of the following correctly describes the amount and treatment of the gain.$6,000 is treated as long-term capital gain, $4,000 is treated as ordinary income.
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In Missouri, when the buyer and seller are represented by different brokers, who is responsible for delivering the closing statements
A dealer who consents to attend closing for any other broker shares joint accountability with the unique designated broker.
What is the record that defines the relationship between the broker and the seller?If the buyer and seller are represented by different brokers, it shall be the responsibility of the listing broker to deliver, or cause to have delivered, the closing statements. If a broker personally handles a closing, on the day of closing the broker shall sign and date the closing statement.A checklist settlement is a contract between a property proprietor and a real estate broker that authorizes the broker to characterize the vendor and locate a customer for the property. The three sorts of actual estate record agreements are open listing, exclusive organization listing, and exclusive right-to-sell listing.An agent is a licensee who represents one or greater parties to the transaction, binding the complete association to the representation. Because the broker is the agent, the dealer represents the client.Similar to lenders being liable for delivery and accuracy of the buyer's Closing Disclosure, settlement agents are liable for delivery and accuracy of the seller's Closing Disclosure. If a lender decides to provide the seller's Closing Disclosure, the settlement agent must be aware of this process and ensure accuracy.To learn more about broker refer to:
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Most economists believe that the higher average salaries earned by men in comparison to women arise from a. a variety of factors, including differences in human capital, compensating differentials, and discrimination. b. differences in human capital as the primary reason. c. a variety of factors, including differences in human capital and compensating differentials; few economists believe that gender discrimination in earnings exists. d. discrimination.
Most economists believe that the higher average salaries earned by men in comparison to women arise from differences in human capital as the primary reason.
An economist is a professional and practitioner of economics, a social science subject. There are numerous sub-fields within this field, ranging from broad philosophical theories to the focused study of minutiae within specific markets, macroeconomic analysis, microeconomic analysis, or financial statement analysis, all of which involve analytical methods and tools such as econometrics, statistics, economic computational models.
Economists operate in several domains including academia, government and in the commercial sector, where they may also "analyze data and statistics in order to detect patterns in economic activity, economic confidence levels, and consumer attitudes.
Hence the correct option is B
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The current asset section of the Excalibur Tire Company's balance sheet consists of cash, marketable securities, accounts receivable, and inventories. The December 31, 2016, balance sheet revealed the following:
Inventories
$ 840,000
Total assets
$2,800,000
Current ratio
2. 25
Acid-test ratio
1. 2
Debt to equity ratio
1. 8
Required:
Determine the following 2016 balance sheet items:
Current assets
Shareholders' equity
Noncurrent assets
Long-term liabilities
The following categories are frequently used in a balance sheet: Use the letters above to denote the following 2016 balance sheet items.
What do you meant by balance sheet?The balance sheet of a business, usually referred to as a "statement of financial position," lists the company's assets, liabilities, and equity (net worth). The income statement, cash flow statement, and balance sheet combined form the foundation of any company's financial statements. Balance sheet components.
The three main sections of a balance sheet are assets, liabilities, and shareholder equity. These categories each have a line item that represents the company's status at that specific period.
A balance sheet provides you with a quick overview of your company's financial situation at any given time. A balance sheet, along with an income statement and a cash flow statement, can aid business leaders in assessing the financial health of their organization.
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For analysis purposes, the high-low method usually produces a(n) a. reasonable estimate. b. precise estimate, C. overstated estimate. d. understated estimate. 16) In applying the high-low method, which months are relevant? Month Miles Total Cost January 80.000 $ 192,000 February 50,000 160.000 March 70,000 188,000 April 90,000 260,000 a. January and February b. January and April c. February and April d. February and March
Previous question
N
Option A is correct. For analysis purposes, the high-low method usually produces a(n) reasonable estimate.
The high-low method is a way to estimate a cost function by analyzing the relationship between a cost and an activity level. This method is useful when a company has a limited number of data points and wants to quickly estimate a cost function. The high-low method usually produces a reasonable estimate but it may not be as precise as other methods like Regression analysis. The high-low method can be affected by outliers, and it may not account for all variables that could affect the cost. For analysis purposes, the high-low method usually produces a(n) reasonable estimate. The high-low method is a way to estimate a cost function by analyzing the relationship between a cost and an activity level. This method involves identifying the highest and lowest activity levels, and then using the corresponding costs to estimate the cost function.
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Equilibrium prices will spontaneously establish themselves in a competitive market and will persist until which of the following things changes
Following are the changes that Equilibrium prices will spontaneously establish themselves the equilibrium price is the only price at which consumers' and producers' plans coincide.
That is, the amount consumers want to buy of the product, quantity demanded, equals the amount producers want to sell, quantity supplied. The equilibrium quantity is the name given to this common quantity. When demand falls, the equilibrium price falls, as does the quantity supplied. If supply increases while all other factors remain constant, the equilibrium price falls and the quantity demanded rises. A decrease in supply raises the equilibrium price while decreasing the quantity demanded.
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A person assumes all risks associated with any activity in which he or she participates
True/False
A person assumes all risks associated with any activity in which he or she participates. The given statement is True.
What do you mean by activity?
Activity is a task or something that is done or performed, especially on a regular basis. It is a dynamic process, involving the conversion of resources into a product or service that satisfies an individual's needs or wants. Activities can be physical, mental, or social, and can involve both work and leisure. They can involve physical effort, such as running, playing sports, or doing exercises. Mental activities include reading books, doing puzzles, and playing video games. Social activities involve interacting with others such as talking, playing games, or attending events. Activities can also involve creative endeavors such as painting, writing, or music. They can be done with friends, family, or alone. Ultimately, activities are important for physical, mental, and social health, and for a person's overall wellbeing.
So, the required answer is True.
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TO Security
Question 2 of 15
An international pharmaceutical company is fully compliant with local and
international regulations. However, they suffered a major data breach that
exploited a six-month-old vulnerability. The CIO asked Accenture "How this can
be possible?" How should Accenture respond?
Because the local and international compliance laws conflict.
Because the Security Operations team does not handle compliance issues.
Because compliance to local and international laws does not necessarily enforce security,
Because the security policy documentation was not kept up to date.
I don't know this yet.
Submit answer
Due to the fact that adherence to national and international laws does not always ensure security.
Security is the ability to tolerate potential damage from others by limiting their alternatives. Individuals, social groups, things, organizations, ecosystems, and any other phenomenon or entity that is susceptible to unwelcome change can all benefit from security. Spanish volunteers helped migrants fleeing conflict and instability in Syria and Iraq get to Lesbos Island in 2015. In addition to protecting against hostile forces, security can also mean a number of other things, such as the absence of harm, the presence of a necessary good, resistance to potential harm or injury, hiding, containment, and even a state of mind. The phrase is sometimes used to describe things like activities and buildings.
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Say you take out a loan with a principal of $44,500. the interest rate is 13.11%, compounded monthly. if you make consistent monthly payments and pay off the loan over the course of six and a half years, how much interest will you have paid in total? round dollar amounts to the nearest cent.
a. $21,849.92
b. $3,018.03
c. $20,003.60
d. $24,321.18
please select the best answer from the choices provided a b c d
According to the question, $21849.92 interest you have to paid in total.
What is the interest?
Interest is the cost incurred by a borrower as a result of using borrowed funds. It is calculated as a percentage of the principal amount that is borrowed. Interest can be charged for different types of loans such as mortgages, auto loans, credit cards, and personal loans. The interest rate on a loan is typically determined by the lender and is based on the borrower's credit score, income, and other factors. When a borrower pays interest, it allows the lender to make a profit and also helps to cover the lender's costs.
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Answer: A
$21,849.92
Explanation:
MR BEAAAAAST
Rather than looking at the efficiency of overall market functioning, cluster theory focuses on the effectiveness of securing market share by regions or areas. True False
It's accurate Cluster theory focuses on the efficiency of securing market share by regions or areas, as opposed to the efficacy of how well the market as a whole functions.
What is the primary purpose of financial markets, and who typically benefits from them when they work well?Because the individual making the investments and the person selling their assets or fund are two separate people, the financial market serves the purpose of risk sharing.
An explanation of market share?Market share is the percentage that a company receives from a customer's overall purchases of a good or service. In other words, if 100 soaps are purchased by customers as a whole, and 40 of those soaps come from a single manufacturer, that manufacturer owns 40% of the market.
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Which programs or projects are most likely funded by taxes paid by the citizens of the United States
To prevent domestic industries that are new or emerging from being absorbed into or exploited by more developed foreign businesses, the U.S. gov imposes taxes or import tariffs on goods from other nations.
Test your knowledge of the two programs that payroll taxes support.Payroll taxes are levied against earned income. In accordance with the Federal Contributions Act, this deductible from your income supports both the Medicare and Social Security programs systems (FICA)
Quiz about how the government uses taxes to pay for programs.The state gets taxes to fund the services and goods it offers, such as roads, schools, police protection, libraries, parks, and law enforcement. The largest source of funding for the federal government is the individual income tax.
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5. Customers' service expectations are
b. one size fits all.
c. based on past
experiences.
a. dependent on
the needs of
others
d. not affected by
promotion