why might it be better to lean against credit-driven bubbles rather than just clean up after other types of asset bubbles burst?
Answers
Although there is less collateral damage when an asset bubble collapses than when a credit-driven bubble does, macroeconomic coverage failure occurs when a credit-driven bubble does in a financial system.
When a bubble bursts, the price decrease that follows causes unsustainable investment schemes, especially but not exclusively speculative and/or Ponzi investments, to fail. This consumer and investor confidence crisis could during a bubble, investors keep pushing an asset's price higher than.
Eventually, when prices fall and demand declines, the bubble "bursts." As a result, consumer and business expenditures are typically reduced, which may cause the economy to slow down.In light of the information provided.Compared to a credit-driven bubble, there is less collateral damage when an asset bubble explodes.
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The manager of Defendant's motel sends a certified letter to Plaintiff, who had been a guest at the motel. In the letter he alleges that Plaintiff left without making payment and "accidentally packed" several items of motel property. The letter is received by Plaintiff's maid and read by Plaintiff's wife. Defendant is unaware that the Plaintiff is married. Barnes v. Clayton House Motel - click here (Links to an external site.), 435 S.W.2d 616 (TX 1968)
Discuss the elements of tort and liability in this case.
Answers
In the case of Barnes v. Clayton House Motel, the manager of the motel sent a certified letter to the Plaintiff, accusing the Plaintiff of leaving the motel without making payment and "accidentally packing" several items of motel property.
However, the letter was received by the Plaintiff's maid and read by the Plaintiff's wife, who the Defendant was unaware was married to the Plaintiff. The elements of tort and liability in this case can include:
1. Negligence: The Defendant, as the manager of the motel, had a duty of care towards the Plaintiff and their property. By making false accusations of theft and property damage, the Defendant breached this duty of care.
2. Defamation: The allegations made by the Defendant in the letter could be considered defamatory since they were false and caused harm to the Plaintiff's reputation.
3. Invasion of privacy: The Plaintiff's privacy was invaded when the letter was received by their maid and read by their wife without their consent.
4. Vicarious liability: The Defendant, as the manager of the motel, may be held vicariously liable for the actions of their employee(s) who may have been involved in the allegations made in the letter.
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Which of the following questions will help you most in making an informed decision about your career?
How many courses are available at my high school?
What professors will teach my classes in college?
What courses can help me prepare for this job?
Which state should I apply for college?
Answers
"What courses can help me prepare for this job?" will be most helpful in making an informed decision about your career. This question allows you to research and understand the skills and knowledge required for the job you are interested in. By knowing which courses will be most beneficial for your career, you can make informed decisions about which education path to take.
It's important to note that the availability of courses at your high school or the professors who will be teaching your classes in college may not have a significant impact on your career choices. While these factors are important in deciding where to pursue your education, they may not necessarily align with your career goals. On the other hand, knowing which courses can help you prepare for your desired job can be crucial in making informed decisions about your career. This question allows you to explore and understand the industry, its demands, and what skills and knowledge are necessary to succeed in your chosen field. By researching and selecting courses that align with your career aspirations, you can lay a solid foundation for your professional journey.
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The Harringtons go to a restaurant for lunch and their bill is $86. 20. After 6. 5% tax and tip, they pay a total of $100. If the Harringtons were exceptionally pleased with their service, decide if their tip reflected this. Explain your reasoning
Answers
The Harringtons left a tip of 8.93%, which is slightly above the typical 15-20% range for excellent service.
The Harringtons went to a restaurant for lunch, and their bill was $86.20. After a 6.5% tax and tip, they paid a total of $100. Let's analyze if their tip reflected their exceptional satisfaction with the service.
First, we need to calculate the tax amount. To do this, multiply the bill amount by the tax rate:
Tax = $86.20 * 6.5% = $86.20 * 0.065 = $5.60
Next, we add the tax to the original bill to find the bill's total before tip:
Total before tip = $86.20 + $5.60 = $91.80
Now, we can find the tip amount by subtracting the total before tip from the total amount paid:
Tip = $100 - $91.80 = $8.20
To determine the tip percentage, we can divide the tip amount by the bill's total before tip:
Tip percentage = ($8.20 / $91.80) * 100 = 8.93%
In conclusion, the Harringtons left a tip of 8.93%, which is slightly above the typical 15-20% range for excellent service. While their tip was not significantly higher, it does reflect that they were pleased with the service. However, it may not be considered an exceptionally generous tip.
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After asking coworkers to review a project plan, you receive feedback. Your coworker thinks there is a better way to display the data in the business report.You should add a
title
reference
abstract
table
Answers
Answer:
table
Explanation:
A 2-column table with 6 rows titled Your Monthly Net Pay. Column 1 has entries Monthly gross pay, federal withholding, social security, Medicare, state tax, net pay. Column 2 has entries question mark, 238 dollars, 232 dollars and 50 cents, 54 dollars and 38 cents, 236 dollars, question mark.
You have just graduated from college and accepted a position. The salary is $45,000 annually. You have decided to plan your future and see if you can afford a house and a family of three on this salary, or if it is best to wait a couple of years to get more experience and advance in your career. Your first step is to figure out your monthly take-home pay.
Your monthly gross pay is
Answers
So, for a salary of $45,000 per year, your monthly gross pay would be $3,750.
To calculate your monthly gross pay, you need to divide your annual salary by 12.This is the amount of money you earn before any taxes or other deductions are taken out.It's important to understand your monthly gross pay as it forms the basis for calculating your net pay, which is the amount of money you take home after taxes and other deductions are taken out. By looking at the table provided, you can see that federal withholding, social security, Medicare, and state tax will all be deducted from your gross pay, which will leave you with your net pay.Knowing your net pay is crucial for budgeting and planning your financial future, especially if you are considering buying a house or starting a family.
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Answer:
$3,750,
Explanation:
edge 2023
1. A parent company sells land to its wholly-owned subsidiary in 2015, reporting a gain of $35,000. In 2020, the subsidiary sells the land to an outside developer and reports a gain of $60,000. In the 2020 consolidation working paper, the elimination of this transaction will result in: A. A $35,000 decrease in beginning retained earnings B. A $60,000 increase in investment in subsidiary C. A $95,000 decrease in land D. A $35,000 increase in gain on sale of land
Answers
Answer:
Explanation:
A $60,000 increase in investment in subsidiary
1. What are the three basic categories of consumer goods? Briefly explain each and clearly
differentiate among them
Answers
There are three main types of consumer goods: durable goods, nondurable goods, and services.
Durable goods are consumer goods that have a long-life span (e.g. 3+ years) and are used over time. Examples include bicycles and refrigerators. Nondurable goods are consumed in less than three years and have short lifespans. Examples of nondurable goods include food and drinks. Services include auto repairs and haircuts.
Consumer goods are also called finals good, or end product, because they are the ultimate output of a productive process that occurs over time.
View Policies Current Attempt in Progress Sandhill Inc. is considering Plan 1 that is estimated to have sales of $39,200 and costs of $15,190. The company currently has sales of $36,260 and costs of $13,720. Compare plans using incremental analysis. If Plan 1 is selected, there would be incremental in?
Answers
If Plan 1 is selected, there would be incremental income of $2,290.
To compare the two plans using incremental analysis, we need to calculate the difference in income between the two plans. Incremental income represents the change in income that would result from selecting Plan 1 over the current plan.
Sales for Plan 1: $39,200
Costs for Plan 1: $15,190
Sales for the current plan: $36,260
Costs for the current plan: $13,720
Incremental income = (Sales for Plan 1 - Costs for Plan 1) - (Sales for the current plan - Costs for the current plan)
= ($39,200 - $15,190) - ($36,260 - $13,720)
= $24,010 - $22,540
= $2,290
Therefore, if Plan 1 is selected, there would be incremental income of $2,290
Based on incremental analysis, selecting Plan 1 would result in an incremental income of $2,290 compared to the current plan. This indicates that Plan 1 is expected to generate additional income for Sandhill Inc.
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Someone Help This Is Due today !!!!
Match the Professionalism term with its meaning
1.
Accountability
2.
Integrity
3.
Punctuality
4.
Productivity
5.
Initiative
a.
doing your job as efficiently and effectively as possible
b.
doing the right thing, even when no one is watching
c.
being responsible for your actions and words
d.
being on time
e.
to take charge or do things without being told
Answers
Answer:
Number 1
Explanation:
Number 1 is correct
The reason that mm proposition i without taxes does not hold in the presence of corporate taxation is because:_____.
Answers
The reason that the MM proposition without taxes does not hold in the presence of corporate taxation is because taxes change the cost of capital for a company. This affects the value of the firm, making the MM proposition invalid.
1. The Modigliani-Miller (MM) proposition without taxes states that the value of a firm is independent of its capital structure. In other words, it doesn't matter whether a company finances its investments with debt or equity, the overall value of the firm remains the same.
2. However, when corporate taxation is introduced, it affects the cost of capital for the company. Interest payments on debt are tax-deductible, meaning that debt financing provides a tax shield and reduces the overall tax liability for the firm. This advantage is not available for equity financing.
3. The tax advantage of debt financing results in a lower cost of capital for debt-funded investments compared to equity-funded investments. As a result, the value of the firm can be influenced by the capital structure, and the MM proposition without taxes is no longer applicable.
In summary, the presence of corporate taxation changes the cost of capital, impacting the value of the firm and rendering the MM proposition without taxes invalid.
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What is a broker?
Career Prep Edge
Answers
Answer:
A broker refers to an individual who is saddled with the responsibility of buying and selling stocks (shares) on a stock exchange market on behalf of his or her clients.
Explanation:
A broker refers to an individual or business firm that is saddled with the responsibility of buying and selling stocks (shares) on a stock exchange market on behalf of his or her clients.
Generally, a broker acts as an intermediary between a buyer (investor) and a seller (securities exchange) for a commission or an agreed upon fee after executing the deal. Thus, a broker also referred to as a stockbroker acts as a principal party in the buying or selling of stocks or securities in the financial markets.
Additionally, the actions or activities of a broker in the financial market is regulated by regulatory (financial) institutions such as the securities and exchange commission (SEC).
Answer:
A broker refers to an individual who is saddled with the responsibility of buying and selling stocks (shares) on a stock exchange market on behalf of his or her clients.
Explanation:
A broker refers to an individual or business firm that is saddled with the responsibility of buying and selling stocks (shares) on a stock exchange market on behalf of his or her clients.
Generally, a broker acts as an intermediary between a buyer (investor) and a seller (securities exchange) for a commission or an agreed upon fee after executing the deal. Thus, a broker also referred to as a stockbroker acts as a principal party in the buying or selling of stocks or securities in the financial markets.
Additionally, the actions or activities of a broker in the financial market is regulated by regulatory (financial) institutions such as the securities and exchange commission (SEC).
Explanation:
An establishment that sells a wide variety of products at lower prices than a department store but does not require membership is called a(n) store.
Answers
The establishment that you are referring to is called a discount store.The content you provided describes an "outlet store." An outlet store is an establishment that offers a diverse range of products at lower prices compared to a department store.
These stores typically sell merchandise from various brands, including clothing, accessories, electronics, home goods, and more. Unlike some other types of discount retailers, such as warehouse clubs or wholesale stores, outlet stores do not require customers to have a membership in order to shop there.
This means that anyone can visit an outlet store and take advantage of the discounted prices without any special requirements. Outlet stores are often located in outlet malls or designated shopping centers, where multiple outlet stores are grouped together, offering shoppers a wide selection of discounted products from different brands.
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Which of the following is an example of a soft skill?
A. Ability to use CSS spreadsheets
B. Ability to manage spreadsheets
C. Ability to work well with a project team
D. Ability to manipulate images using computer software
Answers
Answer:
Ability to work well with a project team
Explanation:
which statement about ppos is true? group of answer choices ppo premiums are comparable to hmos, but deductibles and co-pays are lower. ppo premiums, deductibles, and co-pays are all higher than those in hmos. ppo premiums, deductibles, and co-pays are all lower than those in hmos. ppo premiums are comparable to hmos, but deductibles and co-pays are higher.
Answers
PPO premiums are comparable to hmos, but deductibles and co-pays are higher. A Preferred Provider Organization is a type of health insurance plan that allows policyholders to see any healthcare provider they choose.
What is Preferred Provider Organization ?A Preferred Provider Organization (PPO) is a type of health insurance plan that allows policyholders to see any healthcare provider they choose, without the need for a referral from a primary care physician. PPOs typically have a network of preferred providers who offer services at a discounted rate, but policyholders can also choose to see providers outside of the network for an additional cost.PPOs offer more flexibility and freedom to choose providers compared to other types of health insurance plans, such as Health Maintenance Organizations (HMOs). PPOs may have higher premiums than HMOs, but they often have lower deductibles and co-pays. Policyholders may be required to pay a higher percentage of the cost for services received outside of the PPO network.To learn more about PPO refer :
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then identify some other piece of information that might be useful to a potential future lender for chipotle. what information do you see on the financial statements that should be considered by potential lenders?
Answers
They may request further information and documentation beyond the financial statements to assess the creditworthiness and risk associated with lending to Chipotle.
Lenders would be interested in assessing Chipotle's revenue and sales growth trends over multiple periods. This information helps gauge the company's ability to generate consistent income and its potential to repay loans.Lenders would analyze profitability ratios such as gross profit margin, operating profit margin, and net profit margin. These ratios provide insights into Chipotle's ability to generate profits after accounting for costs and expenses.Examining the cash flow statement allows lenders to understand the company's cash inflows and outflows from operating activities, investing activities, and financing activities.
This provides insights into Chipotle's cash flow generation, liquidity position, and ability to meet debt obligations.
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inside of the Sun's orbit? Give your answer in scientific notation and in units of solar masses.
Answers
The Sun's orbit is about 25,000 light-years from the center of the Milky Way galaxy.
Therefore, anything located inside the Sun's orbit would be closer to the center of the galaxy than the Sun is.
In scientific notation and in units of solar masses, the mass of objects within the Sun's orbit would be less than 1 solar mass (1.0 x 10^0 M☉).
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1. A company is creating a new product and must determine how to effectively create the product as well as appeal to the market and target a wide range of customers.
Answers
Answer and Explanation:
One good way to know how to effectively create a product and also target quite a wide range of consumers is to watch out for trends. Through the internet and social media, a producer can tell what product consumers would be ready to buy at a certain period due to the fact that it is what is trending at that time. The producer could go ahead to add new features to the product to make it stand out for potential customers.
.
The information regarding the new product should be explained in the explanation part.
The following information should be considered:
There is one good way for knowing how to effectively develop a product and also there is a wide range of consumers is to watch out for trends.By using the internet and social media, a producer can tell what product consumers would be ready to purchase at a specific period.Learn more: https://brainly.com/question/25300841?referrer=searchResults
Kowabunga was a US based beach clothing and gear company. The owner of the company wanted to expand into markets in Mexico, Australia and Fiji. The company compared the emerging markets to see which had the highest growth rates. Which external business environment did the company evaluate for its expansion?
Answers
Based on the given details the external business factor environment that did the company evaluate for its expansion is sociocultural.
Socio-cultural as a business external factor has to do with the environment culture or customs and belief as well as the type of fashion trend they have in vogue.
For a clothing company to be successful the consumer, their income level or wealth, growth rate and the environment at large has to be put into consideration.
The company has to as well evaluate the market activities of the country as this can help to influence their decision when trying to expand into another country market as well as their strategic goals when introducing their product into an another country.
Inconclusion the external business factor environment that did the company evaluate for its expansion is sociocultural.
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dose anyone know the answer to this question?
Answers
BYEEE
In 2013, the Oakland A's were one of the hottest teams in baseball. They were regularly drawing "sellout" crowds, with many more fans wanting tickets. However, the A's did not sell all of the 56,000 seats. The A's removed or put tarps over roughly 20,000 seats in most of the third deck and the outfield stands. The A's management said that the reason was to create a more intimate feeling for the fans. What's another explanation? The A's removed or put tarps over roughly 20,000 seats to
Answers
Answer:
The other reason was to limit the number of special seats to charge a higher price for them.
Explanation:
Oakland A's knows that it has a large number of dedicated fans and that they are thirsty for tickets to watch the games, as these tickets are in high demand. In this case, when Oakland A's puts tarps or removes only on 20,000 seats and claims that it is to promote a more intimate experience for fans, it is because it knows that fans will want to occupy these special places, no matter what price they need to pay. In this case, we can say that a probable reason for the existence of these 20,000 unavailable seats is to increase the profit from ticket sales, by charging a higher price for the available seats.
taylor's tractor-trailer rigs sell for $150,000. a customer wishes to buy a rig on a lease purchase plan over seven years, with the first payment to be made at the inception of the lease. interest is at 12%. required: compute the amount of the annual lease payment and the gross amount (total payments) due under the lease. compute the amount of interest income earned by taylor's for the first year of the lease.
Answers
The annual lease payment that the customer has to pay is $32,867.56 and the total payments due under the lease is $331,599.00. The interest income by Taylor's for the first year of the lease is $3,521.52.
To solve the problem we have to use the Present Value of Annuity Date concept.
Present value of annuity date (PVAD) is related to the "time value of money" concept. This concept explained that the $1 you have today would worth more than $1 in the future. This concept is also related to inflation theorem.
To calculate the PVAD, there are some values used:
PVAD = present value of annuity date
PMT = payment made per periode
i = interest rate/discount rate
n = number of periodes
FVAD = future value of annuity date
PVAD is the value of money equals to in the present time when the annuity date comes. FVAD is the value of money in the future when the annuity date comes.
The PVAD could be found by using this formula:
PVAD = PMT * [(1-1/(1+i)ⁿ)/i]*(1+i)
or calculation could be done in excel using this formulation:
=pv(i,n,(-pmt),type)
The FVAD could be found by using this formula:
FVAD = PMT * [(1+i)ⁿ-1]*(1+i)/i
or calculation could also be done in excel using this formulation:
=fv(i,n,(-pmt),type)
From the case, we have got some informations:
PVAD = $150,000
i = 12%
n = 7
PMT = ?
FVAD = ?
r1 = ?
We then could use the formula of PVAD to find the PMT:
PVAD = PMT * [(1-1/(1+i)ⁿ)/i]*(1+i)
PMT = PV / [(1-1/(1+i)ⁿ)/i]*(1+i)
we could also do the calculation in excel by using formulation:
=pmt(i,n,(-pvad),type)
PMT = 150,000 * [(1-1/(1+12%)⁷)/12%]*(1+12)
PMT = $32,867.56
To find the total payments due under the lease, we could use the Future Value of Annuity Date:
FVAD = 32,867.56 * [(1+12%)⁷-1]*(1+12%)/12%
FVAD = $331,599.00
The interest for the first payment could be found by calculating the gap between your PMT and the original discounted payment. You may get the original discounted payment using this formula:
P = 1/(1+i)ⁿ*PMT
P = original discounted payment
We will use n=1 to find the original discounted payment for the first year:
P = 1/(1+12%)¹*32,867.56
P = $29,346.04
The interest income earned by Taylor's for the first year of the lease is:
I = PMT - P
I = $32,867.56 - $29,346.04
I = 3.521,52
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Arnez Company's annual accounting period ends on December 31. The following information concerns the adjusting entries to be recorded as of that date. a. The Office Supplies account started the year with a $4,000 balance. During the year, the company purchased supplies for $13,400. which was added to the Office Supplies account. The inventory of supplies available at December 31 totaled $2,554
Answers
There was $4,000 in the Office Supplies account at the beginning of the year. The company spent $13,400 on supplies throughout the year. which the Office received.
What do you mean by account?
account. 1 of 2 noun. ac count.: a record of debit and credit entries to cover transactions involving a specific item (such as cash or notes receivable) or a specific person or concern.: a statement of transactions throughout a fiscal period displaying the resulting balance.
The three-year Bachelor of Commerce in Accounting programme, sometimes known as BCom Accounting, focuses on accounting and auditing. Class 10+2 completion from a recognised educational institution with a minimum grade point average of 45% is required for eligibility in the BCom Accounting programme.
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What is the present value of a cash flow stream of $1,000 per year annually for 19 years that then grows at 3.8 percent per year forever when the discount rate is 9 percent
Answers
The present value of a cash flow stream of $1,000 per year annually for 19 years that then grows at 3.8 percent per year forever when the discount rate is 9 percent is $29,258.47.
Present value of the cash flow stream:
$11,150How to calculate the present value of a cash flow stream of $1,000 per year annually for 19 years that then grows at 3.8 percent per year forever when the discount rate is 9 percent?
The present value of an annuity is calculated using the formula:
PV = PMT x [(1 - (1 / (1 + r)n)) / r], where PV is the present value of the annuity, PMT is the payment per period, r is the discount rate, and n is the number of periods.
For this question, the annuity is $1,000 per year for 19 years and the discount rate is 9 percent.
Therefore, the present value of the annuity can be calculated as follows:
PV = $1,000 x [(1 - (1 / (1 + 0.09)19)) / 0.09]PV
= $1,000 x 10.0277PV
= $10,027.70
Now, to calculate the present value of the cash flow stream that grows at 3.8 percent per year forever, we need to use the formula:
PV = CF / (r - g), where PV is the present value of the cash flow stream, CF is the cash flow in the first year, r is the discount rate, and g is the growth rate of the cash flow.
For this question, the cash flow in the first year is $1,000 and the growth rate is 3.8 percent, so the present value of the cash flow stream can be calculated as follows:
PV = $1,000 / (0.09 - 0.038)PV
= $1,000 / 0.052PV
= $19,230.77
Therefore, the present value of the entire cash flow stream is the sum of the present value of the annuity and the present value of the growing perpetuity:
P = $10,027.70 + $19,230.77P
= $29,258.47
The present value of a cash flow stream of $1,000 per year annually for 19 years that then grows at 3.8 percent per year forever when the discount rate is 9 percent is $29,258.47.
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The argument took place between-----
Answers
Answer:
?
Explanation:
What competitive advantage does Apple use?
Answers
One of Apple's competitive advantages is its strong brand reputation and customer loyalty. Apple has successfully cultivated a brand image that is associated with high-quality, innovative, and user-friendly products.
This has helped the company to create a loyal customer base that is willing to pay a premium price for Apple products. Another advantage is Apple's focus on design and aesthetics. Apple products are known for their sleek and stylish designs, which have become important to the company's brand identity. This design focus has helped Apple differentiate its products from competitors and attract customers who value aesthetics and design.
Apple's ecosystem is also a competitive advantage. Apple has developed an ecosystem of hardware, software, and services that work seamlessly together, creating a cohesive user experience. This ecosystem helps to keep customers within the Apple ecosystem and makes it difficult for them to switch to competing products.
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What effect would reducing income tax rates have on the interest rates of municipal bonds? A. Interest rates would rise because the reduction in income tax rates would make the tax-exempt privilege for municipal bonds less valuable and reduce the demand for municipal bonds. B. Interest rates would fall because the reduction in income tax rates would make the tax-exempt privilege for municipal bonds less valuable and reduce the demand for municipal bonds. C. Interest rates would fall because Treasury securities are now less valuable and more people will want to hold municipal bonds. D. Interest rates would rise because Treasury securities are now less valuable and more people will want to hold municipal bonds.
Answers
Answer:
A. Interest rates would rise because the reduction in income tax rates would make the tax-exempt privilege for municipal bonds less valuable and reduce the demand for municipal bonds.
Explanation:
In the case when the income tax rate is decreased on the municipal bonds so here the interest rate would increase as there is a decrease in the income tax rate due to which there should be the tax-exempt for the municipal bonds also it is less valuable. In addition to this, it also decrease the municipal bond demand
hence, the correct option is A.
which is the smallest number that can be divided by 15 16 and 21 leaving a reminder of 3
Answers
The smallest number will of course be seven; however, you most likely meant the smallest number other than seven.
To meet the criteria stated, n-7 must be a multiple of 15, 21, and 18. Since 0 is a multiple of all numbers, 7 works for this, but to find the second-smallest, we will have to find the smallest number (othed than 0) that is a multiple of all three, the LCM.
We start with the prime factorization of each numbers
15=3×5
21=3×7
18=2×3×3
We now multiply the prime factors together, but factors that multiple numbers have in common ard only counted once. Therefore, the LCM is 2×3×3×5×7. Not that we still multiply by 3 twice because the number 18 has three as a factor twice. However, we don't count it a third our fourth time even though it is a factor of the other numbers. 2×3×3×5×7=630, so 630 is the LCM of 15, 21, and 18. Therefore 637 will have a reminder of 7 when divided by either of them.
Which of the following could result in higher living costs for the homeowner that the renter doesn’t have? a. Decreased property value b. Down payment c. Maintenance d. Monthly payment.
Answers
Maintenance could result in higher living costs for the homeowner that the renter doesn't have.
The homeowners are more beneficial as compared to renters because the homeowners own the house as the property or the assets or can be called as the possession.
Who are the renters?The renter is the person who takes a room or part of the house at rent and pays for the area that is utilized by the individual.
The maintenance cost is the additional cost that is paid by the renter to the homeowner in order to keep the rooms and the house well maintained.
Therefore, the correct answer is C.
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edward is tired of graduate school as well as his part-time bartending job. on the spur of the moment, he decides to take a weekend trip to the cayman islands for snorkeling. he pays for it with his credit card rather than money from his bank account. which type of irrational behavior does this best describe? loss aversion risk aversion mental accounting status quo bias
Answers
Edward's decision to pay for his weekend trip to the Cayman Islands using his credit card rather than money from his bank account describes the irrational behavior known as the mental accounting.
Mental accounting refers to the tendency to segregate and manage money differently depending on the mental states associated with the specific money, such as the source, the intended use, or the intended destination. For instance, people are more inclined to spend money that comes from gifts, winnings, or bonuses and save more of the money earned through salary or investment.
Therefore, by using his credit card instead of the money from his bank account, Edward is engaging in mental accounting. Mental accounting is an irrational decision-making behavior because it ignores the broader context of money and the financial benefits of using cheaper modes of payment, such as debit cards or cash, in favor of the perceived psychological benefits.
Mental accounting can also lead to poor investment choices and lack of diversification because people tend to focus on the short-term benefits rather than the long-term benefits.
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When quantity demanded increases in response to a change in price implies:
a. there is a movement from one point to another along the demand curve.
b. the demand curve shifts to the right.
c. the demand curve shifts to the left.
d. the demand curve doesn't shift.
Answers
Quantity demanded increases in response to a change in price implies a. there is a movement from one point to another along the demand curve.
When is there a movement along the demand curve ?When there is a movement from one point to another along the demand curve, it implies that the quantity demanded has increased in response to a change in price.
This means that as the price of a good decreases, the quantity demanded of the good increases. In this case, the demand curve doesn't shift, but there is a change in quantity demanded along the curve.
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