Rent for a storefront, investments in stock replacement, and personnel salaries are a few examples of these expenses.
What do you meant by cost ?1. Product Cost; Variable; Direct Material
2. Period Cost, Varying, NA
3. Product Price, Variable, DM, or MOH
4. The fixed or variable cost of the product, MOH
5. Period Cost, Fixed, NA
6 .Period Cost, Fixed, 0 Cost of the Product, Fixed, MOH
7. Product Cost, Variable,
8. Direct Labor
9. Period Cost, Varying, NA
10 .Product Cost, Variable, and Direct Material
11. Fixed-cost, MOH product prices
12. Product Cost, Variable, Direct Material
The cost of a good or service is the sum of money that a business invests in its development or manufacturing. The profit margin is not included. Cost is defined as the sum of money used to manufacture a commodity or service from the perspective of the seller.
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The International Accounting Standards Committee issued International Accounting Standards (IAS), whereas the International Accounting Standards Board currently issues
O General Guidelines for Global Reporting.
O International Financial Reporting Standards.
O International Accounting and Auditing Standards.
O Globally Accepted Accounting Principles.
The International Accounting Standards Committee issue2 Standards whereas the International Accounting Standards Board currently issues International Financial Reporting Standards.
The International Accounting Standards Board (IASB) created a set of accounting standards known as the International Financial Reporting Standards (IFRS). The goal of the IFRS is to offer a set of uniform accounting standards that businesses all over the world can use to create comparable, transparent, and reliable financial statements.
The International Accounting Standards Board, which is acknowledged as the international agency for regulating accounting, publishes the International Financial Reporting Standards (IFRSs). Due to the existence of the U.S. GAAP approach, IFRS is not as frequently used in the United States. The Financial Accounting Standards Board is the organisation that publishes this.
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what is an important element of the marketing mix that ms. robinson includes but notes is often overlooked?
It describes the carefully crafted combination of tactics that a business does to promote its products and drive commerce.
What is the core tenet of the marketing mix?Definition: The term "marketing mix" refers to a group of procedures, or techniques, that a business use to sell its goods or services. Price, Product, Promotion, and Place are the 4Ps that make up a conventional marketing mix.
The importance of marketing mix:Marketing Mix: Its Importance
aids customers in understanding the benefits that your product or service can provide. aids in formulating a lucrative product offering. aids in the creation, development, and implementation of successful marketing strategies. helps firms utilize their strengths and cut back on unneeded expenses.
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most small businesses employ . a. between500 and 700 people b. more than 700 people c. between 100 and 499 people d. between 20 and 99 people e. fewer than 20 people
Most small businesses employ fewer than 20 people.
The correct option is E.
Small businesses account for over half of all jobs in the United States. The reality that 61.7 million people are employed by small firms despite the fact that over 80% of them have no staff. Given that fewer than 20% of small firms even employ anyone, that represents 46.4% of all US workers, a sizable number of workers.
Revenue for the company (from $1 million to over $40 million) and employment are used to identify small businesses (from 100 to over 1,500 employees).
The majority of Americans who work for small firms make up less than half of the total workforce. Approximately 47.3% of American workers are employed by small firms, according to a survey by the Census Bureau.
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division of labor is the separation of work into different jobs to be done by different people. a. true b. false
The concept here is the Division of labor, it is the separation of the tasks in any economic system or organization so that participants may specialize. The answer is option A, true.
Division of labor is the division of a work process into a series of tasks, each performed by a separate person or group of people.
Division of labor is an important economic term that refers to the division of labor in a production process. Division of labor can also be referred to as specialization, where employees are assigned smaller, manageable tasks that add up to a larger core business.
The division of labor is essential for economic progress because it enables specialization in certain tasks. Specialization makes workers more efficient, which lowers the overall cost of producing a good or providing a service.
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Your survey indicates the following beverage choices: 20 milk, 13 water, 22 soda, 32 coffee. What percentage of customers can you satisfied if you just serve milk or water?
If the survey indicates the favorite beverage choices as 20 milk, 13 water, 22 soda, 32 coffee. 38 percentage of customers can be satisfied if you just serve milk or water
A survey is a technique for acquiring data from a sample of people by asking pertinent questions with the goal of comprehending population as a whole. Everyone associated with the economy, from corporations to the media to the government and academia, relies on surveys as a vital source of information and insights. Surveys are research techniques used to gather data from a designated group of respondents in order to learn more and acquire insights into a range of interesting topics. Depending on the technique chosen and the objective of the study, they can be conducted in a variety of methods and serve a variety of objectives.
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an investor is trying to decide what type of property they want to purchase. they are concerned because they don't want to do a lot of maintenance on whatever they buy, and they want a tenant who will be there for the long term. which property would best fit these criteria?
Only industrial real estate out of these satisfies the investment requirements and is the greatest fit.
How does the investor determine the value of a property based on profitability?A type of real estate evaluation methodology called the income approach, sometimes referred to as the income capitalization technique, enables investors to estimate the value of a home based on the income the property generates.
How is a property's sale price determined?Calculate the combined final and adjusted sale values for the three similar properties. Add up the amount and divide it by three to get the average adjusted final sale price. Your home is currently worth roughly this amount on the market.
How do you negotiate with a developer of real estate?Once you have an idea of the anticipated discount, submit an offer. Tell the developer's sales team that you want to buy today. A developer is more likely to provide a discount if they are aware that you are a serious customer. Look for properties that will produce results for a day or two.
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robin company reported the following costs for the current month: direct materials used $ 12,000 direct labor 21,000 sales salaries 10,000 indirect labor 2,400 production manager's salary 5,500 marketing costs 8,800 factory lease 3,800 what is robin's total manufacturing cost?
The right answer is a. Prime fees = direct substances + direct labor. = 23,000 + 19,800 = $42,800. The right reply is d. Total manufacturing cost$15,400.
What are manufacturing prices called?Production expenses refer to the costs a organization incurs from manufacturing a product or imparting a provider that generates income for the company. Production expenses can include a variety of expenses, such as labor, raw materials, consumable manufacturing supplies, and regularly occurring overhead.
To calculate complete manufacturing cost you add collectively three exclusive price categories: the fees of direct materials, direct labour and manufacturing overheads. Expressed as a formula, that's: Total manufacturing price = Direct substances + Direct labour + Manufacturing overheads.
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https://brainly.com/question/8873972#SPJ4zoe and matt just purchased a home in the shady acres subdivision. while replacing some windows, they learned that all shutters facing the street must be either dark blue or dark green. this is an example of a(n) .
Zoe and Matt just purchased a home in the Shady Acres subdivision. This is an example of a(n) deed restriction.
Deed restriction:
A restriction on how you can use your property is called a deed restriction. Deed restrictions can make it harder to build things or do other things on your land. A homeowners association (HOA), which is a type of deed-restricted community, is frequently involved in these restrictions.
What is the most typical use for a restriction in a deed?By restricting the kinds of activities that can take place on the restricted property, deed restrictions are frequently utilized to safeguard the value of neighboring properties. Commercial development prohibitions, minimum lot sizes, and maximum building heights are typical deed restrictions.
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An expense has what effect on the accounting equation?
An expenditure reduces the impact of stockholder equity on the accounting calculation.
Stockholder equity, often known as shareholders' equity or owners' equity, is the amount of assets left over for shareholders to use after all liabilities have been settled. It is determined by subtracting a company's total assets from its total liabilities, or alternatively by adding its share capital and retained earnings and deducting its treasury shares. Among the possible components of shareholders' equity are common stock, paid-in capital, retained earnings, and treasury stock.
Stockholders' equity can conceptually be used to assess the amount of money a company has kept on hand. If this number is negative, a business may be on the verge of bankruptcy, especially if there is also a substantial debt obligation.
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type of leadership driven by authority; tells others what to do, limits discussions, new ideas and group teamwork
The concept here is Leadership, it is the action of leading a group of people or an organization. The answer is, autocratic.
Leadership, both as a field of research and as a practical skill, encompasses the ability of an individual, group, or organization to "lead", influence, or direct another person, team, or the entire organization.
Leadership is important because it inspires, motivates, and leads people by example to bring about positive change in the world. Leaders define a vision, present a plan of action, and build strong relationships with their followers.
The autocratic leadership style is an example of a situation where the leader dictates rules and procedures, sets goals to be achieved, and directs and controls all activities without significant involvement from subordinates. The leader has full control of the team and allows little autonomy within the group.
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4. suppose that the index of prices received by farmers for 2015 was 0.97 and the base year of this index was 2000. then, a. relative to 2015, farm prices were 97% higher in 2000. b. relative to 2000, farm prices were 3% lower in 2015. c. relative to 2015, farm prices were 3% lower in 2000. d. relative to 2000, farm prices were 97% higher in 2015.
Relative to 2000, farm prices were 3% lower in 2015 is the correct answer in this case.
Hence, Option B is correct.
A price relative is the ratio of a given product's price in one period to that same product's price in another period. A price relative in purchasing power parity (PPP) comparisons refers to the proportions of the same product in two countries.
A relative price, also known as the ratio of two prices, is the cost of a good or service in relation to another. Any two goods' prices, or the price of one good in relation to the price of a market basket of goods, can be used to express a relative price.
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adding prominently-placed, extremely high-priced product options to menus or other price lists in order to increase sales of other lower priced but still expensive illustrates the use of which pricing strategy?
Competitive: Set prices extremely low to deter new rivals from joining the market.
By sales, what do you mean?Describe sales. A sale is a transaction that involves exchanging products or services for a certain sum of money. To put it another way, a sale is any action that includes giving the buyer possession of a thing or commodity in return for payment.
Why is selling a positive response?"My strong suit is sales. It's a profession that fits my abilities, interests, and personality nicely. I am a connection builder and customer service enthusiast with outstanding interpersonal abilities. These qualities have helped me be a successful seller, and, to put it simply, I like doing what I do well."
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Fees may be incurred on what payment methods?All of these answer choices are correct. Prepaid card. Debit card. Checking account.
Fees may be incurred on a prepaid card, a debit card, and a checking account because they are payment methods offered by banks in exchange for bank fees. For this reason, all the options are correct.
What are bank fees?It is the amount of money that banks charge you as consideration for the services they provide you. Some examples of bank fees charged to customers include:
When you have a lesser balance in the checking account than the amount stipulated by the bank.When too many transactions are made as transfers.When you use an ATM outside the banking network.When a new credit card, debit card, or prepaid card is issued.Learn more about bank fees here:
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which of the following is not a role of the supervisor? a. set up clear job expectations. b. model new skills. c. provide ongoing assessment and documentation. d. provide supervision in groups on occasion.
d. provide supervision in groups on occasion is not a role of the supervisor.
The role of a supervisor typically includes tasks such as setting clear job expectations, modeling new skills, and providing ongoing assessment and documentation. Providing supervision in groups on occasion is not typically considered a role of a supervisor, as it is not a specific or direct task that a supervisor is responsible for. Supervision in groups can be done by a group leader or facilitator who is not necessarily a supervisor.
Therefore the correct answer to the given question is d. provide supervision in groups .
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As you move up a linear demand curve, the price elasticity of demand in absolute value? A) Stays the same
B) Increases
C) Decreases
D) None of the above
As you move up a linear demand curve, the price elasticity of demand in absolute value decreases
A line reflecting the relationship between the demand for a good or service and its price is called a linear demand curve. Everyone is aware that sales are inversely correlated with price: the higher the price you ask for an item, the less you may anticipate selling. A demand curve in economics is a graph that shows the relationship between the cost of a certain good (the y-axis) and the amount of that good that is desired at that cost (the x-axis). Demand curves may be used to both the price-quantity connection for a single customer (a single demand curve) and for all consumers in a given market.
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To address inconsistencies and weaknesses, a comprehensive revenue recognition model was developed entitled theA) Revenue Recognition Principle.B) Principle-based Revenue Accounting.C) Rules-based Revenue Accounting.D) Revenue from Contracts with Customers.
A thorough revenue recognition model known as the Revenue from Contracts with Customers was designed to overcome shortcomings and inconsistencies. Therefore, D) Revenue from Contracts with Customers is the right answer.
The accrual accounting concept of revenue recognition states that rather than when cash is received, revenues must be recognised when they are generated and realised.
Revenue recognition is a type of generally accepted accounting principle (GAAP) that outlines the specific conditions for when and how to record revenue. Revenue is often realised when an important event happens, and the firm can easily measure the financial amount. Revenue is the cornerstone of every corporate performance. The cornerstone is the sale. Regulators are aware of how enticing it may be for companies to stray from what is considered to be income, particularly when not full payment is made until the job is complete.
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if real estate prices tumble such that wealth declines by $320, what will be the new level of consumption at the $340 billion level of disposable income?
With $340 billion in disposable income, the new level of consumption will be $316 billion.
What do economists call the situation with savings indicated at the $240 level of income?Therefore, $260 is the income necessary to break even. Saving $240 at the income level results in a loss. This is known as dissaving among economists.
What much of discretionary income must be earned to break even?When all income is spent and savings are at zero, there is a break-even level of disposable income.
How do you calculate the equilibrium income and interest rate in a Keynesian setting?The intersection of the AD and AS curves, in accordance with Keynesian theory, determines the equilibrium amount of income in an economy. Total demand refers to the
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In an experiment, events A and B are mutually exclusive. If P(A) = 0.6, then the probability of B
a. cannot be determined with the information given
b. cannot be larger than 0.4
c. can be any value between 0 to 1
d. can be any value greater than 0.6
If P(A) = 0.6, then the probability of B cannot be determined with the information given.
What is probability?The area of mathematics known as probability deals with numerical representations of the likelihood that an event will occur or that a statement is true.An event's probability is a number between 0 and 1, where, roughly speaking, 0 denotes the event's impossibility and 1 denotes certainty.A probability is a numerical representation of the likelihood or chance that a specific event will take place.Both proportions ranging from 0 to 1 and percentages ranging from 0% to 100% can be used to describe probabilities.The probability is equal to the variety of possible outcomes. the total number of outcomes that could occur.To learn more about probability refer:https://brainly.com/question/13604758
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Answer: b. cannot be larger than 0.4
which would be better for estimating the parameter: an sts of 20,000 returns or an srs of 2000 returns
IRS audits which is the The Internal Revenue Service plans to examine an SRS of individual federal income tax returns from each state.
You can choose between taking a simple random sample of 2000 or a simple random sample in this situation where the I. R. S. is attempting to conduct a survey. Oh 20,000. The second one would be better because it has a larger sample size, which denotes that there are fewer, so we would want to know which one is better. The likelihood that we will be able to capture the population increases, right? Because we do not expect the extreme value select to have a significant impact on the sample mean we obtain, that is the answer.To know more about revenue here'
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a pet rescue center is creating a monthly food budget. the center currently has two-thirds as many dogs as cats. each animal is fed cans of food . dog food costs per can, while cat food costs per can. the rescue center has budgeted a total of for food for this . how many dogs are at the rescue center?
In linear equation, 8 dogs are at the rescue center .
What in mathematics is a linear equation?
A linear equation is a first-order (linear) term plus a constant in the algebraic form y=mx+b, where m is the slope and b is the y-intercept.
The variables in the previous sentence, y and x, are referred to as a "linear equation with two variables" at times.
No . Of dogs at centre = 2/3 x
No .of cats centre =x
Each animal = 2 comper days
Dod food costs =$0.68 ( can 30days )
= (30×0.68)
= $20.4 (monthly cost for dog food)
2/3x + x = 20.4
3x + 3x = (20.4)3
5x = 61.2
x = 61.2/5
x = 12 (cats )
dogs
= 2/3 * 12
= 8
Dogs at rescue center.
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opportunity costs include a. implicit costs only. b. explicit costs only. c. depreciation costs and explicit costs only. d. implicit costs and explicit costs. e. implicit costs and accounting profit only.
Opportunity costs include: explicit cost only
Hence, option (b) is the correct choice.
The worth of what you forgo while deciding between two or more possibilities is known as opportunity cost. Every decision involves trade-offs, and opportunity cost refers to the gains you could have gained by going in one route rather than the other.
The opportunity cost is the amount of time spent learning and the money that could be used elsewhere. When a farmer decides to grow wheat, there is an opportunity cost associated with not doing so or using the resources in another way (land and farm equipment). Instead of driving, a commuter takes the train to work.
The unexpected, incongruities, process needs, industry and market structure — all the aforementioned symptoms; demography, changes in perception; and new information — all external — are listed as the seven causes.
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Which one of the following items IS NOT a category/section utilized in creating a Primary Budget Template?
A. What is leftover (Deficit/ Surplus)
B. Debt
C. Spending or expenses
D. Income
When revenue surpasses spending, there is a budget surplus. A government's ability to handle its finances properly is demonstrated by a surplus.
What is the fundamental Budget Template?When revenue outpaces spending, a budget surplus results.When a government has a surplus, it has extra funds that can be invested or applied to debt repayment.The opposite of a surplus is a deficit. When spending outpaces income, the government must borrow money to pay for expenditures.The United States last had a budget surplus in 2001.The U.S. budget deficit in 2021 exceeded $2.8 trillion.If a community has a budget surplus, it might utilise that money to make renovations, such reviving a run-down park or downtown.There is a budget imbalance when expenses go over income. When there is a deficit, money is borrowed and interest is paid, much like when someone uses their credit card more than they make and pays interest on the debt.To learn more about Primary Budget Template refers to;
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which of the following are possible benefits of globalizing operations? multiple select question. cost of transportation on ships is less than over-land transportation. market expansion leading to greater demand. avoid the impact of fluctuations in currency exchanges. availability of unskilled labor.
The following are some of the possible benefits of globalizing operations:
Avoid the impact of fluctuations in currency fluctuationsMarket expansion leads to greater demand. What exactly are globalized operations?The process through which corporations or other organizations gain worldwide influence or begin functioning on a global scale, according to the official definition. Simply said, globalization refers to the free exchange of information, technology, and products between nations and customers.
A standardization strategy is a plan developed by a firm to expand its operations into the worldwide market. You offer identical items in every place when you use a standardization plan. A standardization approach is distinguished by centralizing control rather than outsourcing choices to local markets.
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8. financial assets have value because they are claims on the firm's real assets and the cash that those assets will produce. * true * f
A claim of ownership of an entity or a contractual right to receive payments in the future from an entity are represented by and have value from financial assets, which are liquid assets.
A financial asset is a liquid asset with value derived from a legal claim to ownership or a contractual right. Financial assets include, among other things, cash, investments in stocks, bonds, mutual funds, and bank deposits. Financial assets do not always have an intrinsic physical value or even a physical form, unlike real estate, commodities, or other tangible physical assets. Instead, the market conditions in which they trade and the level of risk they involve are what determine their worth.
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the following people are members of the florida real estate commission:two licensed brokers with five years of active licensure, ages 35 and 41one licensed sales associate with two years of active licensure, age 54two members of the public who have never been licensed, ages 26 and 47who should join the commission in order to fulfill the membership requirements?
The answer is option (c) two member of the public who has never been licensed, age 26
The Florida Real Estate Commission requires 1 members of the public who have never been licensed, so the 26-year-old member of the public who has never been licensed should join the Commission in order to fulfill the membership requirements.
The Commission also requires 4 licensed brokers and 1 licensed sales associate, so the remaining 4 individuals, ages 35, 41, 47, and 62 should all be licensed brokers, and the 54-year-old should be a licensed sales associate. All of these individuals must be licensed in Florida real estate in order to fulfill the membership requirements of the Commission.
The Commission also requires that the members represent the diversity of the real estate industry, so the age range and experience of the members should be taken into consideration. By having a diverse Commission, the public will be better served and the Commission will be better able to address a variety of real estate industry concerns.
Question:
Assume that the following people are members of the Florida Real Estate Commission:
a) 4 licensed brokers, ages 35, 41, 47, and 62
b) 1 licensed sales associate, age 54
c) two member of the public who has never been licensed, age 26
Who should join the Commission in order to fulfill the membership requirements?
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"taxia is the distortion of voluntary movement such as in a tic or spasm.True or False
The given statement is FALSE
What is ATAXIA?
A collection of conditions known together as ataxia impact speech, balance, and coordination. Although any portion of the body might be affected, ataxia patients frequently struggle with balance and walking. speaking.Ataxia describes poor muscle control that causes clumsy voluntary movements. It may cause difficulty with walking and balance, hand coordination, speech and swallowing, and eye movements. Ataxia usually results from damage to the part of the brain that controls muscle coordination (cerebellum) or its connections.To learn more about ATAXIA:https://brainly.com/question/16031045
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Which of the following statements by Tom demonstrates that his buying plans obey the law of demand? A. The only thing that's changed is the price of textbooks: they've become more expensive and now I'm not buying as many B. I can't afford as many textbooks because my rent has increased. C. At an average price of $80 per text book, I plan to buy 5 text books per semester D. For me, a good course website is a substitute for a textbook.
The correct statement is for obey the law of demand "the only thing that's changed is the price of textbooks, they've become more expensive and now I'm not buying as many.".
In the classroom, textbooks are utilized to teach pupils about a variety of subjects. In order to help students understand more about their subject, they may also be employed as learning tools. Students might learn about significant themes in history, mathematics, physics, and other subjects by consulting textbooks.
The learning process' elements and strategy are predetermined by the textbook. It regulates the learning's topics, approach, and processes. Students pick up the information that is offered in the textbook; in those other words, they learn it in the same way that it is presented in the book.
Therefore, the correct answer will be option (a)
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companies that rely on the marketing concept and that have implemented a market orientation strategy recognize that:
Companies that rely on the marketing concept and that have implemented a market orientation strategy recognize that customer wants can be satisfied by integrating activities of the firm.
Who is a customer?In sales, commerce, and economics, a customer also known as a client, buyer, or purchaser is the recipient of a good, service, product or an idea-received from a seller, vendor, or supplier via a financial transaction or exchange for money or some other valuable consideration. Customers that frequently buy from a seller establish customs that enable regular, sustained trade, which enables the seller to create statistical models to improve production procedures and supply chains (which changes the location or formalizes the changes of ownership or entitlement transactions). A consumer uses the products that a customer has purchased. An ultimate client could also be a consumer, but they might also have bought things for someone else to consume. A middle customer is not at all a consumer.To learn more about customer, refer:
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Which of the blocks in the nominal interest rate stack accounts for the fact that I (your professor) might be charged a lower rate than you for the same loan?
The block in the nominal interest rate stack that accounts for the fact that your professor might be charged a lower rate than you for the same loan is credit risk.
Credit risk measures the lender's assessment of the borrower's ability to repay the loan. If your professor has a better credit rating than you, then he may be able to get a lower interest rate.
Lenders also consider other factors when determining the interest rate, such as the amount of the loan, the length of the repayment period, and the type of collateral used for the loan. All of these factors may influence the interest rate your professor receives, allowing him to get a lower rate than you.
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Consumers' preferences are described by A. indifference curves. B. relative prices. C. household income. D. budget lines. E. demand curves.
Indifference curves are used to describe consumer preferences. An indifference curve is a graph that combines two products that provide the consumer with equal utility and satisfaction.
What does the term "indifference curves" mean?An indifference curve is a graph that displays possible pairings of two goods or commodities that, when purchased in any combination along the curve, leave the buyer equally well off or happy.A consumer is indifferent between the points on a graph that indicate various quantities of two items that are connected by an indifference curve in economics.Since both of the combinations are appealing, the consumer has no preference.
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