Which is an example of a document that needs to be saved for financial planning?a. Car expenses
b. Credit card receipt
c. ATM record
d. Grocery store receipt

Answers

Answer 1
Answer: The right answer for the question that is being asked and shown above is that: "d. Grocery store receipt." an example of a document that needs to be saved for financial planning is that of a Grocery store receipt.

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In the context of the various roles employees take up in an organization, who among the following is most likely to spend a lot of their time listening?

Answers

Answer:

Managers

Explanation:

On average, workers spend 55 percent of their workday listening, and managers spend about 63 percent of their day listening.Owen Hargie, Skilled Interpersonal Interaction: Research, Theory, and Practice(London: Routledge, 2011), 177. The managers have to listen everyone in an organization from subordinates to higher ups

What annual simple interest rate will allow Hosea Soli to increase his initial investment of $80,000 to $100,000 in five years? (Hint: Use the formula I = prt and substitute known values to find I.)A)6%
B)5%
C)6.25%
D)5.5%

Answers

Using the formula I=prt
I will use $80,000 for p or principle.
I will use 5% for r or rate. (this needs to be converted to a decimal so move the decimal point two places to the left, you can't multiply using percents)
and 5 years for t or time.

80,000*0.05*5=20,000.00. He is getting $20,000 in interest. So $80,000 + $20,000 = $100,00.
Therefore, the answer is B.

At Google, people wear whatever they want to work. This minimizes the distinctions between managers and employees, which is an important part of Google’s culture_______________.

Answers

Answer:

Artifacts

Explanation:

Artifacts are elements of an organization's culture.

They are physical representations within the organization that can be seen by employees and also by outsiders who walk into the organization.

Examples are; furniture, physical design of offices, organization's logo, dress code.

Google's dress code which allows employees wear whatever they want to work is an important part of the organization's culture artifacts.

Efficiency-wage theory suggests that paying a. high wages might be profitable because they lower the efficiency of a firm’s workers. b. high wages might be profitable because they raise the efficiency of a firm’s workers. c. low wages might be profitable because they raise the efficiency of a firm’s workers. d. low wages might be profitable because they lower the efficiency of a firm’s workers.

Answers

Answer:  Option B                                    

     

Explanation: In simple words, efficiency theory states that direct monetary benefit is the best motivator for the worker and if the employer pays high wage then the worker will definitely work more efficiently.

It further states that higher wage will be covered by the extra benefit that the worker will provide with his or her performance.

Thus, the correct option is B.

As the price of tickets rises from $250 to $300, the price elasticity of demand for business travelers is , and the price elasticity of demand for vacationers is , using the midpoint method. Therefore, the demand for airline tickets in this price range is elastic for vacationers because business travelers are sensitive to changes in price.

Answers

Answer:

Price             Quantity demanded                   Quantity demanded

                     business travelers                      vacationers

$150                 2,100                                            1,000

$200                2,000                                             800

$250                1,900                                              600

$300                1,800                                              400

using the midpoint method:

  • price elasticity of demand for business travelers = {(1,900 - 1,800) / [(1,900 + 1,800) / 2]} / {(250 - 300) / [(250 + 300) / 2]} = (100 / 1,850) / (-50 / 275) = 0.054 / -0.182 = -0.3

  • price elasticity of demand for vacationers = {(600 - 400) / [(600 + 400) / 2]} / {(250 - 300) / [(250 + 300) / 2]} = (200 / 500) / (-50 / 275) = 0.6 / -0.182 = -3.3

Therefore, the demand for airline tickets in this price range is elastic for vacationers because business travelers are sensitive to changes in price? FALSE, the demand for airline tickets for vacationers is elastic because vacationers are very sensitive to the changes in price, while business travelers aren't.

Final answer:

The price elasticity of demand measures responsiveness to price changes. Vacationers have elastic demand for airline tickets, while the elasticity of demand for business travelers is not mentioned. Business travelers are sensitive to changes in price.

Explanation:

The price elasticity of demand measures how responsive the quantity demanded is to changes in price. If the price elasticity of demand is greater than 1, it indicates that the demand is elastic and consumers are sensitive to price changes. If the price elasticity of demand is less than 1, it indicates that the demand is inelastic and consumers are less sensitive to price changes.

In this case, since the demand for airline tickets is elastic for vacationers, a price increase from $250 to $300 would result in a larger percentage decrease in the quantity demanded. On the other hand, the demand for airline tickets is not mentioned for business travelers, so we cannot determine its elasticity. However, the statement suggests that business travelers are sensitive to changes in price.

Learn more about Price Elasticity of Demand here:

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In 2010, Tara used $50,000.00 from funds she had invested in certificates of deposit as a down payment to buy a house. What function did this portion of her investments serve when she made the down payment?A. unit of exchange.
B. medium of exchange.
C. store of value.
D. unit of account.

Answers

Answer:

B. medium of exchange.

Explanation:

Money as a medium of exchange is used to facilitate the selling and purchasing of goods and services between parties. Money is widely accepted as a standard of value by parties engaged in the exchange of commodities. It means that one party readily accepts an amount of money in exchange for a product or service that is believed to be worth the amount on offer.

Tara is exchanging her $50,000 for the house. Although the money is only a down-payment, it gives her the right to claim ownership of the house. Once she has fully paid for the house using money, she can only lay a claim on the house,  not the money.