Creditors have a vested interest in a company's financial well-being and its ability to pay off its debts. The following are some of the primary issues that creditors are interested in: Does the company have enough assets to cover its liabilities? Creditors are primarily interested in this issue since it establishes the company's potential to repay its debts.
They will inquire about the company's assets in order to determine if it has enough funds to pay off its debts if it becomes insolvent or declares bankruptcy .How long has the company been operating? The amount of time a company has been in operation is another factor that creditors will consider. The longer the company has been in business, the more established it is and the less risky it may be.
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All employers in the U.S. Pay "payroll taxes" on behalf of employees. The Medicare portion of this is 1.45% of pay. If an employee makes $480 in a week, how much does the employer contribute for Medicare?
Answer: $6.96
Explanation:
Weekly earning = $480
Medicare tax rate = 1.45%
1.45% = (1.45/100) = 0.0145
Medicare contribution = Medicare tax rate × weekly earning
Medicare contribution = 0.0145 × $480 Medicare contribution = $6.96
The employees weekly contribution that is apportioned for Medicare is $6.96
Answer:
$7.10 USD
Explanation:
If the Employer is paying 1.48% of the employees paycheck to Medicare on their behalf then in order to calculate the actual amount we must first change the percentage into a decimal by dividing it by 100.
1.48 / 100 = 0.0148
Now that we have the percentage as a decimal we multiply it by the amount that the employee made that week, which in this case is $480
480 * 0.0148 = 7.104
Therefore we can see that $7.10 USD goes to medicate this week.
What does the restaurant scenario presented have to do with contingency leadership?
The restaurant scenario can be seen as an opportunity to apply contingency leadership principles. By adapting their leadership style, considering situational factors, being flexible, and fostering communication and collaboration, the manager can effectively lead the restaurant team and ensure its success.
In the context of contingency leadership, the restaurant scenario can be related to various aspects. Contingency leadership theory suggests that there is no one-size-fits-all approach to leadership. Instead, effective leaders must adapt their style based on the specific situation they are facing. Let's explore how this theory can be applied to the restaurant scenario.
1. Different leadership styles: In the restaurant scenario, the manager may need to adopt different leadership styles based on the situation at hand. For example, during busy hours, when there is a high influx of customers, the manager may need to be more autocratic and make quick decisions to ensure smooth operations. On the other hand, during slower periods, the manager may choose to be more democratic and involve the employees in decision-making.
2. Contingency factors: Contingency leadership theory emphasizes that the effectiveness of a leadership style depends on various situational factors. In the restaurant scenario, these factors could include the experience level of the staff, the complexity of the menu, customer preferences, or even unexpected events like equipment malfunctions or staff shortages. The manager should assess these factors and adjust their leadership approach accordingly. For instance, if the staff is experienced and capable, the manager may delegate more tasks and provide them with autonomy. However, if the staff is inexperienced, the manager may need to provide more guidance and supervision.
3. Flexibility and adaptation: Contingency leadership emphasizes the importance of being flexible and adapting to different situations. In the restaurant scenario, the manager should be able to quickly assess the needs of the staff and customers and adjust their leadership style accordingly. This could involve stepping in to assist during busy periods, providing additional training when needed, or implementing changes to improve efficiency based on customer feedback.
4. Communication and collaboration: Effective leadership in the restaurant scenario requires clear communication and collaboration. The manager should communicate expectations, goals, and instructions to the staff in a way that is easily understood. Additionally, the manager should foster a collaborative environment where the staff feels comfortable sharing ideas, suggestions, and feedback. This collaboration can lead to improved problem-solving, innovation, and overall team performance.
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someone help me plz Why is the 50-20-30 rule easy for people to follow, especially those who are new to budgeting and saving?
Answer:
makes it simpler and more organized to figure out how to spend $, less overwhelming, financial stability.
With the help of online research, write a short report on “glocalization.”
The phenomena of Glocalization, which is best described as Thinking Globally, Acting Locally, is created when the two terms of globalisation and localization are combined.
To put it more properly, we may say that although if a single brand is produced, sold, and distributed globally, it is nevertheless personalised and customised to suit the tastes and preferences of customers in the many global marketplaces.
It is carried out since each region of the world has its own unique culture, linguistic preferences, demands, and desires.
By adjusting their offerings and products to meet the needs of that specific market, businesses may effectively position and place their items, resulting in high revenues and devoted customers.
The following are all global brands, although they cater to the demands of their customers in various parts of the world while selling items.
Chips by Lays (They sell different flavours in different parts of the world, according to the taste preference and eating habits of that country).
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Tennyson's ultimate goal is to work as the CEO of an advertising agency. One of her goals is to "gain the required experience for the position." What type of goal would this be?
OA performance-based
OB. time-based
O C.
OD. long-term
mid-term
The type of goal that is been used when Tennyson's ultimate goal is to work as the CEO of an advertising agency and one of her goals is to "gain the required experience for the position is B. time-based goal.
What is time-based goal?
Time-based goal can be described as the goal that is been focused so that it can be achieved on a target date, it involve focusing on a particular thing at a time so as to be successful in it.
In conclusion, from the case above , we can see that her goal is to work as the CEO of an advertising agency which is specific and have time.
Therefore, option B is correct.
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________ reflects the link between consumers’ demand for a company’s product and the company’s purchase of necessary inputs to manufacture or assemble that particular product.
Derived Demand reflects the link between consumers’ demand for a company’s product and the company’s purchase of necessary inputs to manufacture or assemble that particular product.
The call for every one of the elements of manufacturing is often referred to as a "derived" demand to emphasize the truth that the relationship between the element's price and the quantity of the element demanded by groups the use of it in manufacturing is directly dependent on the patron name for the very last product(s) the issue.
As a result, the call for exertions is derived name from the call for goods and offerings. For example, if the demand for a first-rate alongside wheat increases, then this results in a growth in the call for hard work, in addition to calls for different factors of production together with fertilizer.
Direct and derived demand. Direct call for is the call for for a completely last precise. food, garb, and cell phones are an instance of this. Also called a self-sustaining call, it's miles impartial of the call for one-of-a-kind merchandise. Derived call for is the call for a product that comes from the usage of others.
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what is the beta of the following portfolio? stock value beta m $ 18,400 .97 n 6,320 1.04 o 32,900 1.23 p 11,850 .88 group of answer choices 1.08 1.15 1.04 1.11 .99
The beta of the following portfolio is 1.08.
Beta is the measure of the risk of an individual stock in comparison to the market risk. It helps the investor to understand the degree of risk associated with a particular stock or investment. The formula to calculate beta is:
Beta = Covariance between the stock and market variance / Variance of the market
Given below is the data for the stock value, and beta of the given stocks:
Stock Value
Beta M $ 18,400 0.97 N $ 6,320 1.04
O $ 32,900 1.23
P $ 11,850 0.88
To calculate the beta of the portfolio, we will use the following formula: Portfolio Beta = (Beta M * Market value of stock M + Beta N * Market value of stock N + Beta O * Market value of stock O + Beta P * Market value of stock P) / Total market value of the portfolio.
Portfolio Beta = (0.97 * 18,400 + 1.04 * 6,320 + 1.23 * 32,900 + 0.88 * 11,850) / (18,400 + 6,320 + 32,900 + 11,850)Portfolio Beta = 0.99
Hence, the beta of the following portfolio is 1.08.
To calculate the beta of the portfolio, you need to find the weighted average of the betas of each stock. Here's the formula:
Portfolio Beta = (Stock M Value * Stock M Beta + Stock N Value * Stock N Beta + Stock O Value * Stock O Beta + Stock P Value * Stock P Beta) / Total Portfolio Value
First, find the total value of the portfolio:
Total Portfolio Value = $18,400 (M) + $6,320 (N) + $32,900 (O) + $11,850 (P) = $69,470
Now, calculate the weighted average:
Portfolio Beta = (18,400 * .97 + 6,320 * 1.04 + 32,900 * 1.23 + 11,850 * .88) / 69,470
Portfolio Beta = (17,828 + 6,572.8 + 40,467 + 10,428) / 69,470
Portfolio Beta = 75,295.8 / 69,470
Portfolio Beta ≈ 1.08
So, the beta of the portfolio is approximately 1.08.
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An example of a poor study environment is a place with
Answer:
A place with a lot of noise, poorly lit, and distractions
Answer:
D
Explanation:
Isaiah is in his 50s and currently does not have a retirement fund. However, he recently read a few articles about the insufficient savings of people in retirement and, as a result, he decides he wants to start now. He saves $500 per month for 15 years and earns 7% by investing in the stock market through an index fund.
Answer:
Future Value= $158,475.64
Explanation:
Giving the following information:
He saves $500 per month for 15 years and earns 7% by investing in the stock market through an index fund.
I assume we have to determine the value of the investment at the time of retirement.
We need to use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= monthly deposit= 500
n= 15*12= 180
i= 0.07/12= 0.005833
FV= {500*[(1.005833^180) - 1]} / 0.006833
FV= $158,475.64
If the Federal Government has a budget surplus, then it is definitely the case that
a. tax revenues exceeds government outlays
b. tax revenues and government outlays are equal
c. tax revenues are falling and government outlays are rising
d. government outlays exceed tax revenues
Correct option is a. Tax revenues exceed government outlays. . This is because a budget surplus implies that the government is taking in more money through taxes than it is spending on its programs and obligations.
A budget surplus occurs when the government's tax revenues exceed its government outlays or expenses. In other words, the government is collecting more money in taxes than it is spending on various programs, services, and obligations.
To determine if there is a budget surplus, we compare the total tax revenues to the total government outlays. If tax revenues are greater than government outlays, there is a surplus.
When the federal government has a budget surplus, it means that tax revenues exceed government outlays. This surplus can be used to pay off debts, invest infrastructure, or allocate funds for other purposes determined by the government.
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Contrast how a depositor's account is classified by a bank compared to how it is classified by the account owner by completing the following sentence. A depositor's account is a(n) (liability/asset/expense) on the bank's records, but it is a(n) (liability/asset/expense) on the books of the account owner. Because of this, every time the account owner makes a deposit, the bank (debits/credits) the account owner's account.
Answer:
A depositor's account is a liability on the bank's records, but it is an asset on the books of the account owner. Because of this, every time the account owner makes a deposit, the bank credits the owner's account.
Explanation:
A liability is a debt that a person or company owes to another party, usually in the form of money. Therefore, a depositor's account shows the amount the banking is owing the depositor. This makes it a liability.
An asset is any resource that a business or economic entity owns or controls, such as money. Therefore, a depositor's account shows the amount a depositor has in the bank or the amount the bank is owing him. This therefore makes it an asset.
According to accounting principle, all assets must be debited while liabilities must credited. Since a deposit a liability to the bank, the bank credits the owner's account every time the account owner makes a deposit.
Therefore, a depositor's account is a liability on the bank's records, but it is an asset on the books of the account owner. Because of this, every time the account owner makes a deposit, the bank credits the owner's account.
What are the 5 types of income tax?
The 5 types of income tax are Income from salary, Income from house property, Income from profits and gains from business or profession, Income from capital gains, Income from other sources.
What do you mean by Tax?Taxes are compulsory payments made by a government organization, whether local, regional, or federal, to people or businesses. Tax revenues are used to fund a variety of government initiatives, such as Social Security and Medicare as well as public infrastructure and services like roads and schools.
Income taxes are levied against both businesses and individuals (or family units). Based on the income received, individual income taxes are calculated. Typically, it is categorized as a direct tax because the burden is thought to fall on the people who pay it.
Direct tax and indirect tax are the two forms of taxes.
Therefore, Income from salary, Income from house property, Income from profits and gains from business or profession, Income from capital gains, Income from other sources are five types of income.
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Which of the following was the result in Ackerman v. Sobol Family Partnership, LLP the case in the text involving whether the plaintiffs were bound by representations of their attorney regarding settlement that they had not approved?
A- That the agreement entered into by plaintiffs' attorney would not be enforced because the plaintiffs had not signed it.
B- That the agreement would be enforced because the plaintiffs' attorney had apparent authority to enter into the agreement.
C- That the agreement entered into by plaintiffs' attorney would not be enforced because the plaintiffs had not given the attorney express authority to enter into the agreement.
D- That the agreement would be enforced because the plaintiffs' attorney had express authority to enter into the agreement.
E- That the agreement entered into by plaintiffs' attorney would not be enforced because the plaintiffs had not lead the opposing defense attorneys reasonably to believe that the plaintiffs' attorney had full and final authority to settle the litigation.
Answer:
Option B: That the agreement would be enforced because the plaintiffs' attorney had apparent authority to enter into the agreement
Explanation:
Which of the following represents risk that a diversified investor cannot avoid? A. firm-specific risk B. diversifiable risk market C. risk efficiency
The risk that a diversified investor cannot avoid is firm-specific risk. Firm-specific risk is the risk that is related to an individual stock or industry segment. It is the unsystematic risk of a particular stock or segment of the market. This risk is also known as idiosyncratic risk because it is unique to that specific firm or industry segment.
Diversifiable risk, also known as unsystematic risk, can be minimized through diversification, but this is not possible with firm-specific risk. Market risk, also known as systematic risk, affects the overall market and cannot be diversified away. Risk efficiency is a measure of the risk and return of a portfolio and it depends on the level of diversification and allocation of assets in a portfolio.
Therefore, among the options given, firm-specific risk represents risk that a diversified investor cannot avoid.
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Many economists believe that the growth of the money supply is A. not related to output growth. B. inversely related to the price level. C. directly related to interest rate growth. D. positively related to the growth of real GDP.
Answer:
D.
Explanation:
They believe that controlling the supply of money directly influences inflation and that by fighting inflation with the supply of money, they can influence interest rate in the future.
Interest earned on a savings account is _____.
Explanation:
Interest earned on a savings account is everfi
You get a 15% discount if you buy a new range listing at $924.95 and a new freezer listing at $12,695.95 on the same bill. What is the total savings for both with your discount? a)$2,043.14 b)$2,083.67 c)$12,695.95 d)$13,620.90
Answer:
a)$2,043.14
Explanation:
The discount is applicable when both items are bought together.
the total bill for the two items will be $12,695.95 + $924.95
=$13,620.90
15% discount of $13,620.90
=15/100 x $13,620.90
=0.15 x $13,620.90
=$2,043.135
=$2,043.14
What are human rights
co. has 8% coupon bonds on the market that have 10 years left to maturity. The bonds will make annual payments. If the YTM on these bonds is 6%, what is the current bond price? Assume the face value of the bond is $1,000.
The current bond price assuming the face value of the is $1000 is $1,147.20.
The face value of the bond is $1000
You will require two inputs, namely the coupon rate and frequency, to calculate the coupon per period.
The following formula can be used to compute it:
coupon per period = face value * coupon rate / frequency
frequency is annually so it is 1.
=1000*0.08/1
=80
The years of maturity is 10 years.
The yield to maturity (YTM) is the annual rate of return that the bondholder will receive if they retain the bond until it matures. YTM in this case equals 6%.
The following bond price equation can be used to get the bond price, which is the net present value of the bond's cash flow:
\(\text bond price=\sum_{k=1}^n \times \frac{cf}{(1+r)^k}\)
Cash flows- cf
r- YTM-6%
n- years of maturity
\(=\sum_{k=1}^{10} \times \frac{80}{(1+0.06)^k}\)
Current Bond price= $1,147.20
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abc buys widgets for $5 cash and sells them on account for $8. at the point of sale, what is the effect on the net income of abc?
The correct option is: B) Increase $3 . According to gaap, accounting record is ready based on accumulation technique where income will be thought about when deals will be made, not based on collection.
GAAP comprises of a typical arrangement of accounting rules, necessities, and practices gave by the Monetary Accounting Norms Board (FASB) and the Governmental Accounting Norms Board (GASB). GAAP decides to normalize the groupings, suspicions and methods utilized in accounting in
ventures across the US. The design is to give clear, reliable and tantamount data on organizations financials.
For what reason should an organization follow GAAP?
Following GAAP guarantees monetary data is reliably and precisely revealed. It is an accounting practice expected for profits, not-forprofits, and government entities.
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The complete question is:
ABC buys widgets for $5 cash and sells them on account for $8. At the point of sale, what is the effect on the net income of ABC?
A) Decrease $5 B) Increase $3 C) No effect D) Increase $8
The trusting and well maintained excavator at your mine is reaching the end of its
planned economic life. You have to decide between rebuilding the old excavator, or
buying a new unit. List the factors for both options that you will consider when doing
the trade-off stud
The decision between rebuilding or buying a new excavator depends on the trade-off between the costs and benefits of each option. A cost-benefit analysis should be conducted to evaluate the options.
As the mining company reaches the end of the planned economic life of its excavator, it faces a decision: to rebuild or buy a new unit. The decision to be made is a trade-off study between the costs and benefits of rebuilding versus buying new.
Listing the factors for both options when doing the trade-off study to aid in the decision-making process, here are the factors for each option:Rebuilding the old excavator1.
Cost of rebuilding: This factor needs to be analyzed in relation to the benefits of the proposed rebuilding.2. Expected life extension: This is the additional life span that the rebuilt excavator is expected to provide.3. Availability of parts and maintenance support:
The equipment's reliability is dependent on the availability of parts and maintenance support.4. Performance of the rebuilt excavator: The excavator's performance after rebuilding is an important factor that needs to be taken into account.5. Resale value:
The resale value of the rebuilt excavator will be a factor when deciding to sell it.Buying a new unit1. Cost of new unit: This factor will depend on the available budget and financing options for the mining company.2. Expected life span: This is the anticipated life span of the new excavator, which should be compared to the expected life span of the rebuilt unit.3.
Availability of parts and maintenance support: The reliability of the new excavator will be dependent on the availability of parts and maintenance support.4. Performance of the new unit: The performance of the new excavator is important to ensure optimal performance and efficiency.5. Resale value:
The resale value of the new excavator should be considered in case of future sales or replacement.
In conclusion, the decision between rebuilding or buying a new excavator depends on the trade-off between the costs and benefits of each option. A cost-benefit analysis should be conducted to evaluate the options.
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Which are guidelines for using Themes?
Check all that apply.
A. Using different cell styles can help you differentiate different types of data.
B. Fonts should be easily readable and of appropriate size.
C. You cannot customize the default themes.
D. Be consistent with themes across worksheets and workbooks.
E. Applying a new theme will only change cells in a workbook that have no other formatting applied.
Answer:
I think it's D. or A. or B. but I mostly think it's D. Be consistent with themes across worksheets and workbooks
Statements that explains the guidelines when using a Theme are: A. Using different cell styles can help you differentiate different types of data.
B. Fonts should be easily readable and of appropriate size.
C. You cannot customize the default themes.
WordPress theme can be regarded as a group of files, these file can contains graphics, style sheets as well as code, which will give overall appearance of a blog or website.In using this, we can follow some guidelines such as; making use of more than a cell can help in differentiatiation of different types of data, default themes cannot be customized, and the selection of fonts should be made carefully.Therefore, option, ABC are correct.
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property was listed at $155,000. an offer was made for $140,000 which the seller rejected, but countered for $147,500, which the seller accepted. the commission rate is 5% and the salesperson is to receive 60% of the commission on the sale. what is the commission due the salesperson? select one: a. $4,650. b. $4,425. c. $4,200. d. $2,950.
The property was listed at $155,000. an offer was made for $140,000 which the seller rejected, but countered for $147,500, which the seller accepted. the commission rate is 5% and the salesperson is to receive 60% of the commission on the sale. the commission of the salesperson is $4,425.
Income fee rates range from five percent to as a good deal as 50%, but most corporations pay among 20-30%. To locate the proper suit that aligns together with your sales goals, start by means of estimating how awful a lot it would price to rent humans under specific sales fee systems each for a complete-time team of workers and independent contractors. it could be calculated with the following equation fee = total sales fee rate. So if a sales clerk sells a total of $2,000 of product and gets 5% in commission, they make a hundred dollars.
One of the simplest and maximum normally used sales fee systems is variable pay as a percent of a single sale's revenue. underneath this incentive shape, reps earn a flat percent for every sale. for instance, consider your agency selling a product for one lakh dollars with a fee charge of five percent. In an instant fee plan, the simplest earnings income representatives earn comes directly from their sales.
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Explain the implications on airbnb should south africa implement a command economy
Implementing a command economy in South Africa would have profound implications for Airbnb.
With the government's control over economic decisions and resource allocation, property ownership and rental accommodations could face significant restrictions. This could hinder individuals from renting out their properties through platforms like Airbnb, limiting the availability of private accommodations. Additionally, the government may establish state-run hotels or guesthouses, reducing demand for private rentals.
Price controls and regulations imposed by a command economy could also restrict the ability of Airbnb hosts to set competitive prices based on market demand. Furthermore, the emphasis on central planning might curtail entrepreneurial freedom, stifling innovation and personalized experiences offered by hosts. Such restrictions could potentially impact the overall tourism industry by limiting choice and variety for travelers visiting South Africa. The extent and policies of the implemented command economy would determine the precise implications for Airbnb and the broader hospitality sector.
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Fill In The Blank. If consumers save the entire amount of the increase in their disposable income due to a tax cut, the tax cut will ______.
The tax cut will have no immediate effect on the economy. When consumers save the entire amount of the increase in their disposable income due to a tax cut, it means that they are not spending the additional money in the economy.
This means that there will be no immediate boost in consumer spending, which is a key driver of economic growth. In turn, this could lead to slower economic growth and potentially offset any positive effects of the tax cut.
It's important to note, however, that if consumers choose to invest their additional disposable income, this could have a positive effect on the economy over the long-term. Investment can lead to job creation and increased productivity, which can boost economic growth. Additionally, if consumers eventually choose to spend their savings, this could lead to increased consumer spending and further stimulate economic growth.
Overall, the impact of a tax cut on the economy depends on how consumers choose to use their additional disposable income. If they save the entire amount, the tax cut will have no immediate effect on the economy.
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Over long periods of time, demand tends to become (less/more) elastic
Demand tends to grow more elastic over extended periods of time as customers have more opportunity to alter their consumption habits and locate alternatives.
Demand progressively becomes more elastic over time. This is due to the fact that customers have greater time to adapt their purchasing habits in reaction to price increases. Consumers might look for cheaper alternatives or discover strategies to cut back on their total consumption as prices rise. As a result, their demand for a certain commodity or service is more sensitive to price fluctuations. Also, when more businesses enter the market, consumers have a greater selection of options, which raises the elasticity of demand even more. Yet, it is important to keep in mind that other elements, such as adjustments in tastes or income, can also impact the elasticity of demand.
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seeking to end luke lea's hold on state government, what group composed of lea's enemies held public meetings throughout the state to expose his malfeasance and demand justice?
Answer: Public Emergency Comittees
Explanation:
Let the random variable X follow a normal distribution with μ=40 and σ 2 =64. a. Find the probability that X is greater than 50 . b. Find the probability that X is greater than 20 and less than 54 . c. Find the probability that X is less than 45 . d. The probability is 0.2 that X is greater than what number? e.The probability is 0.05 that X is in the symmetric interval about the mean between which two numbers? a. The probability that X is greater than 50 is (Round to four decimal places as needed.) b. The probability that X is greater than 20 and less than 54 is (Round to four decimal places as needed)
a. To find the probability that X is greater than 50, we need to calculate the area under the normal distribution curve to the right of 50. We can standardize the value of 50 using the formula z = (X - μ) / σ, where X is the value we want to standardize, μ is the mean, and σ is the standard deviation. In this case, z = (50 - 40) / √64 = 10 / 8 = 1.25.
Using a standard normal distribution table or a calculator, we can find that the probability corresponding to z = 1.25 is approximately 0.8944. Therefore, the probability that X is greater than 50 is approximately 0.8944 (rounded to four decimal places).
b. To find the probability that X is greater than 20 and less than 54, we need to calculate the area under the normal distribution curve between these two values. We can standardize both values using the formula mentioned earlier.
For X = 20, z = (20 - 40) / 8 = -2.5, and for X = 54, z = (54 - 40) / 8 = 1.75.
Using a standard normal distribution table or a calculator, we can find the probabilities corresponding to z = -2.5 and z = 1.75, which are approximately 0.0062 and 0.9599, respectively.
To find the probability between these two values, we subtract the probability corresponding to z = -2.5 from the probability corresponding to z = 1.75: 0.9599 - 0.0062 = 0.9537 (rounded to four decimal places). Therefore, the probability that X is greater than 20 and less than 54 is approximately 0.9537.
Please note that I have provided the detailed calculations and explanations to assist you.
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when you love your job, the opportunity cost of working is _____ the opportunity cost if you dislike your job.
Answer:
When you love your job, the opportunity cost of working is lower than the opportunity cost if you dislike your job.
Explanation:
There is a relation between liking or not liking your job and the opportunity cost. When a worker is happy, they are more likely to work harder.
If the opportunity costs of working is the same as the opportunity cost if you dislike your job, then you would feel indifferent or ok with your job.
If the opportunity cost of working was higher than the opportunity cost if you dislike your job, then you would likely NOT love your job, but hate or dislike your job and would want to find another job.
If the opportunity cost of working was lower than the opportunity cost if you dislike your job, then you would likely love or like your job.
Businesses are important to a free enterprise system because they?
Answer:
A.provide consumers with goods and services
Multiple choices
A.provide consumers with goods and services
B. make legal decisions related to property rights.
C. prevent entrepreneurs from taking to many risks.
D. enforce economic regulations to protect citizens.
Explanation:
Production of goods and services is done by the private sector in a free enterprise system. A majority of the factors of production belong to the private sector. The government does not actively participate in economic activities.
In the free enterprise system, the private sector produces and distributes goods and services in the economy. In other words, all the goods and services consumed in a free enterprise system are produced by the private sector.