1. An example of bartering is Sarah trades her apple for Ava's bag of chips.
2. Gold has historically functioned as money because it is a medium of exchange.
3. In the hypothetical economy, rice is said to be a commodity money.
4. When Pudding cups serve as a unit of account, it means that the price of other lunch items is expressed in quantities of pudding cups.
5. The difference between the U.S. dollar, and a U.S. gold certificate is a U.S. dollar does not have value in addition to its value as money.
Trade by barter is when people exchange goods with goods. Money is not used in a trade by barter. Trade by barter was used before the invention of money. For example, a trade by barter occurs when Sarah trades her apple for Ava's bag of chips.
Commodity money is money for which its value comes from the commodity from which it is made.
Fiat money is currency whose value is not backed up by any asset. Representative money is money whose value is backed up an asset.
Money can be described as something that is accepted as a means of payments for products.
Functions of money
1. Medium of exchange: money serves as a medium of exchange when it is accepted as payment for goods and services. For example, 2 ounces of gold is accepted as means of payment for a dress.
2. Unit of account: money can be used to determine the value goods and services, For example, 2 cups of puddings is equivalent to plate of fruits.
3. Store of value: money can retain its value over the long term, this it can be used as a store of value.
To learn more about money, please check: https://brainly.com/question/14816216?referrer=searchResults
Answer:
1. Sarah trades her apple for Ava's bag of chips.
2. medium of exchange.
3. commodity money.
4. the price of other lunch items is expressed in quantities of pudding cups.
5. U.S dollars does not represent a claim to some specific assets
For a corporation, direct investment from owners occurs when:
For a corporation, direct investment from owners occurs when there is an influx of capital to get equity shares
A corporation is an institution or organization that is made up of a group of people who come together and act as a single entity.
When there is a direct investment from owners of a corporation, then this means that there is an influx of capital to buy equity shares.
There are different ways of making a direct investment such as:
Buying sharesOpening a company in another country, etcTherefore, when a corporation makes a direct investment, then they are buying equity shares
Read more here:
https://brainly.com/question/14943609
Boyer Inc. is considering the introduction of a new product. This product can be manufactured in one of several ways: Using the present system at a variable cost of $55 per unit and a one time cost of $15,500. They can upgrade the present system, which will have a variable cost of $48.00 per unit, and an initial cost of $27,200. That last option consists of adding a new system with a per unit variable cost of $25.00, and an initial cost of $45,000. The organization is worried however, about the impact of competition. If no competition occurs, they expect manufacture 4,500, 6,800, and 8,800 units respectively. With competition, they expect to manufacture: 3,750, 5,500, and 6,700 units respectively. At the moment their best estimate is that there is a 57% chance of competition. They decided to make their decision based on manufacturing cost for each alternative. Based on evaluating cost, determine the following: a. What is the EMV for using the present system
The EMV (Expected Monetary Value) of using the present system with a variable cost of $55 per unit and a fixed cost of $15,500 is $239,515.
Data and Calculations:
Present New System 1 New System 2
Variable cost per unit $55 $48 $25
Fixed cost $15,500 $27,200 $45,000
Production units:
Without competition 4,500 6,800 8,800
With competition 3,750 5,500 6,700
Probability of competition 57% 57% 57%
Probability: no competition 43% 43% 43% (100 -57)
Expected production units:
Present System = 4,073 units (3,750 x 57%) + (4,500 x 43%)
Expected monetary value of present system:
Variable cost = $224,015 (4,073 x $55)
Fixed costs = $15,500
Total EMV = $239,515
Cost per unit = $58.81 ($239,515/4,073)Expected production units:
New System 1 = 6,059 units (5,500 x 57%) + (6,800 x 43%)
Expected monetary value of present system:
Variable cost = $290,832 (6,059 x $48)
Fixed costs = $27,200
Total EMV = $318,032
Cost per unit = $52.49 ($318,032/6,059)Expected production units:
New System 2 = 7,603 units (6,700 x 57%) + (8,800 x 43%)
Expected monetary value of present system:
Variable cost = $190,075 (7,603 x $25)
Fixed costs = $45,000
Total EMV = $235,075
Cost per unit = $30.92 ($235,075/7,603)
Thus, the EMV for using the present system is $239,515.
Read more about EMV at https://brainly.com/question/17056362
how should telcom expand taking over a phone manufacturer or a chain of shops selling mobile phones
Answer:
expenses already strain their profit margin most operator's can't afford to shoulder the further financial burden of improving smartphone affordability for consumers.
The following entries appear in a cash account in March. $ Payments by customers 15,000 Rents received 250 Insurance paid 150 Drawings 700 Capital paid in 2,000 The balance at 1st March was $2,000 (in hand) what was the closing balance at 31st March?
Answer:
ejvjnwkjvnjn
Explanation:
baxcjnsldkv
We have created the following Planned Production Orders over the planning period: 120 Product A We have the following Raw Materials on hand and available to be dedicated to these Planned Production Orders: Enough Raw Materials to product 60 Product A There are Purchase Orders at our suppliers for the following Raw Materials: 50 Product A How many products should we order on New Purchase Orders with our suppliers
If the Planned Production Orders over the planning period: 120 Product A We have Raw Materials on hand : Enough Raw Materials to product 60 Product A There are Purchase Orders at our suppliers: 50 Product A . The amount of products that should be order on New Purchase Orders with our suppliers is: 10 New Purchase Orders for materials to build product A
Using this formula
Po New product A=Product A Planned Production Orders - Product A Enough Raw Materials to product - Product A Purchased Orders
Where:
Product A Planned Production Orders=120
Product A Enough Raw Materials to product=60
Product A Purchased Orders=50
Let plug in the formula
Po New product A=120-60-50
Po New product A=10
Inconclusion if the Planned Production Orders over the planning period: 120 Product A We have Raw Materials on hand : Enough Raw Materials to product 60 Product A There are Purchase Orders at our suppliers: 50 Product A . The amount of products that should be order on New Purchase Orders with our suppliers is: 10 New Purchase Orders for materials to build product A.
Learn more here:
https://brainly.com/question/22621669
Which of the following is NOT a disadvantage of personal interviews?
Answer:
Where are the options to this question
Discuss two shortcomings of using Gross Domestic Product as the primary measure of a country’s economic performance.
Describe What You Will Use The Money For:
Answer: buy or rent our home, pay for tuition, travel, and communicate using our mobile phones.
Explanation: Those are some things
why would you use computer-aided design (cad) software?
Answer:
CAD enables the development, modification, and optimization of the design process. CAD enables the development, modification, and optimization of the design process. Thanks to CAD, engineers can make more accurate representations and modify them easily to improve design quality.
Explanation:
Answer: To re-create the layout of a space before actually moving anything.
Explanation: took the quiz
It is an attempt to combine separate economies into larger economic region.
Answer:
economic integration I believe
Do you have a difficult boss? How do you handle
them?
Summarize red lines and reverse red lining and why they are unethical lending practices
Answer:
3 For example, redlining has been used to describe discriminatory practices by retailers, both brick-and-mortar and online. Reverse redlining is the practice of targeting neighborhoods (mostly non-white) for higher prices or lending on unfair terms such as predatory lending of subprime mortgages. A 2017 study by Federal Reserve Bank of Chicago economists found that redlining—the practice whereby banks discriminated against the inhabitants of certain neighborhoods—had a persistent adverse impact on the neighborhoods, with redlining affecting homeownership rates, home values and credit scores in 2010.
Explain the significance of each of the following major fields of business activity: manufacturing, wholesaling, retailing.
Answer:
Manufacturing is the process of transforming raw resources into a form that customers can utilize. A picture frame maker creates completed items out of wood and glass. A baker is someone who transforms flour, sugar, and spices into pies and cakes. Manufacturing, more than any other industry, lends itself to large-scale operations. This is due to the fact that many of these businesses, such as automotive manufacturing, require significant quantities of money and a big number of employees to get started.
Explanation:
Wholesalers purchase items from extractive or manufacturing firms and resell them to other businesses. They often acquire in big numbers before selling in tiny ones.
Retailers purchase items from wholesalers, manufacturers, and extractive companies and sell them to customers. Most people associate retail with a store where they may purchase products.
Last year, Byron received a mediocre evaluation. Receiving the feedback made Byron feel very threatened and put him on the defensive. However, Byron likes his job and wants to keep it, so he is focused on making improvements. What might Byron do to decrease the threat and anxiety he feels when receiving feedback?
a. Byron could focus on distinguishing facts from opinions.
b. Byron could ask for feedback explicitly and more often.
c. Byron could practice compassion toward his supervisor.
d. Byron could take deep breaths and be more aware in the moment.
To reduce the threat and anxiety he feels when receiving feedback, it would be ideal for him to ask for feedback explicitly and more often, as it was a past and mediocre assessment that made him feel threatened and defensive.
Feedback is an essential resource in an organization, through it employees provide feedback on a job and drive improvements and changes that increase the quality of work.
Failure to correctly interpret feedback can lead to the opposite effect, such as anxiety, resistance and concern on the part of the receiver. That is why it is essential that the feedback:
Be clear and precise.Provide guidance.Get planned.Expose the positive and negative facts of a job.Create an action plan.Therefore, feedback must be fully provided to the employee in order to avoid the opposite effect, when provided correctly, it produces employee skill development, motivation and increased productivity.
Learn more here:
https://brainly.com/question/20512759
classify technical education with example?
Answer:
A kind of education which equips with skills that involve the use of practical approaches and other physical instruments in executing projects. Technical education is learning something about a specific work scientifically in detail and practical.
A few common examples include schools and education programs that focus on science and engineering, information and technology, architecture and design, business and fipnance, health and social services, education and child development, hospitality and tourism, or the fine and performing arts.
Establishing a secure customer or client base is an example of how to deal with this type of risk.
compliance risk
operational risk
strategic risk
financial risk
the emergent strategies are those strategies adopted in light of a thorough analysis of both external and internal environment only . true or false ?
The statement "The emergent strategies are those strategies adopted in light of a thorough analysis of both external and internal environment only" is: True
Emergent strategies are those measures which are taken to ensure that a company grows and is successful even when there is no particular set aims or goals.
However, the statement that an emergent strategy can only exist in only an internal and external environment is true.
This is because these internal and external factors are why the strategies are in place to make sure that there is a realized goal in the company and that continuity is ensured.
Please note that an internal environment is one that has a direct impact on the company,while external environment does not directly impact the company
Therefore, the correct answer is true
Read more here:
https://brainly.com/question/15171442
High costs are associated with high
unemployment. What economic
phenomena is associated with high
unemployment?
A. Economic Growth
B. Economic Stability
C. Economic Depression
Answer:
C. Economic Depression
Explanation:
Economic Depression is when an economy goes into financial turmoil/ struggles.
ATM stands for automatic time machine right?
ATM stands for automated teller machine or in text it can mean At The Moment
Hope this helped you, have a good day bro cya)
Answer:
No i don't think so I think it means -automated teller machine
Explanation: Hope that helps but that is what I think it means
What part of wildlife management involves trapping animals in areas where they are abundant and releasing them in areas of suitable habitat where they are not abundant?
habitat improvement
artificial stocking
predator control
hunting regulations
What part of wildlife management involves trapping animals in areas where they are abundant and releasing them in areas of suitable habitat where they are not abundant?
habitat improvement
artificial stocking
predator control
hunting regulations
The part of wildlife management that overseas the trapping animals in areas where they are much and get them release to where they are not abundant is : D Hunting regulations
Hunting regulations can be regarded as the measures that are put in place to save the life of wildlife from going into extinction.This body usually trap animals in areas they are much they released them to areas they are not much.The body dictate the hunting seasons that the hunter should hunt, and not to hunt.It gives the bag limits as well as poaching laws on the hunting procesTherefore, the correct option is D
Learn more at:
https://brainly.com/question/19115257?referrer=searchResults
When the cost of most goods and services rise over time, this has the effect of a dollar being able to buy less over time. This is called _____.
deflation
inflation
supply and demand
exchange value
Which of the following tasks would be very difficult using only a keyboard and text?
Renaming a file
Drawing a picture
Writing a document
Playing games
Sending an e-mail
Answer:Which of the following tasks would be very difficult using only a keyboard and text?
Renaming a file
Drawing a picture
Writing a document
Playing games
Sending an e-mail
Explanation:
Drawing a picture, tasks would be very difficult using only a keyboard and text. Therefore, option (b) is correct.
What is keyboard?
The term keyboard refers to the optical of the computer. A person used the keyboard as the mainly work to the typing. The keyboard as the multitasking work as the included the letters, numbers, symbols, and the F1 to F12, signs. and the other things as the included to the easy the work.
Drawings are mainly done by hand. However, as technology advanced, the computer became the feature that was used to draw the drawing. The computer, as the icon, paints the drawing with many options like as forms, brushes, different shades of color, and other tools. However, utilizing the keyboard is a more challenging.
Therefore, option (b) is correct.
Learn more about on keyboard, here:
https://brainly.com/question/24921064
#SPJ2
6. Give a reason why economic interdependence can benefit economies.
Answer: Why Does Interdependence Bring Economic Growth? With economic interdependence comes economic growth. This affiliation allows specialist industries to thrive. And, the success can lead to job and wage/salary increases and an overall improvement to wealth and lifestyle.
what are your political beliefs?
Answer:
political belief or activity means your beliefs and actions, as long as they are lawful. ... That means it is against the law to discriminate against you because you support a certain political party or because you don't support a certain political party.
Explanation:
What do you understand by "Industrialisation"?
Jim would like to learn more about what it's like to be a in college.without having to take college classes or difficult exams. Witch program might be the best fit for him?
A. International baccalaureate
B. advanced placement
C. dual credit
D. articulated credit
Multiple Choice
Which of the following exemplifies wisdom as defined by Maslow?
A con artist who can persuade anyone and everyone to hand over their valuables.
O A counselor who helps families who have been feuding for generations bury the hatchet.
A scholar who has read thousands of books.
O A world traveler who can pick up languages and customs like a native.
Answer:
I think its A so have a good day
Explanation:
On September 1, 2020, Marigold Company sold at 104 (plus accrued interest) 3,360 of its 9%, 10-year, $1,000 face value, nonconvertible bonds with detachable stock warrants. Each bond carried two detachable warrants. Each warrant was for one share of common stock at a specified option price of $15 per share. Shortly after issuance, the warrants were quoted on the market for $3 each. No fair value can be determined for the Marigold Company bonds. Interest is payable on December 1 and June 1.
Required:
Prepare in general journal format the entry to record the issuance of the bonds.
Answer:
ok..
Explanation:
On September 1, 2020, Marigold Company sold at 104 (plus accrued interest) 3,360 of its 9%, 10-year, $1,000 face value, nonconvertible bonds with detachable stock warrants. Each bond carried two detachable warrants. Each warrant was for one share of common stock at a specified option price of $15 per share. Shortly after issuance, the warrants were quoted on the market for $3 each. No fair value can be determined for the Marigold Company bonds. Interest is payable on December 1 and June 1.
Required:
Prepare in general journal format the entry to record the issuance of the bonds.
Discuss 6 reason why banks fail in Ghana and proffer solution to reduce banking sector from these 6 cancerous roots in your opinion
Various reasons have been found as the source of bank failure in Ghana; 6 reasons among these several reasons include Lack of corporate governance and Bad loans.
Other reasons why banks fail in Ghana include the following:
Inefficient regulatory practicesFake licenses processLow capital basePoor credit risk.The solution to restoring the banking sector from these six cancerous roots are following:
The Central Bank of Ghana should ensure all the banks in Ghana have a specific amount of capital to run their banking services to avoid undercapitalization.All the banks should ensure they carry out a necessary credit risk analysis before discharging credit to customers.The Central Bank of Ghana should make the licensing process open and fair while putting heavy sanctions on banks with fake licenses.The Central Bank of Ghana should also check the bank operations report periodically to know if they are working under established standards.All the Banks in Ghana should be encouraged and mandated to operate based on established corporate standards.Banks in Ghana should always access the loan or lending operations to manage their capital very well.Hence, in this case, the Bank's failure in Ghana can be redeemed if the proper strategies are in place.
Learn more here: https://brainly.com/question/24569908
In which of the following situations is it ok to NOT wash your hands
Answer:
Need the options to answer this...
Explanation: