formulate the null and alternative hypotheses: a company will start selling its products online if more than 50 percent of the consumers express a preference for online purchasing.
Answers
The null hypothesis would be that the company will not start selling its products online if the proportion of consumers who express a preference for online purchasing is less than or equal to 50%. The alternative hypothesis would be that the company will start selling its products online if the proportion of consumers who express a preference for online purchasing is greater than 50%.
In statistical hypothesis testing, a null hypothesis is a statement that assumes no significant difference or effect between two variables, while an alternative hypothesis assumes a significant difference or effect.
In this scenario, the null hypothesis is that the proportion of consumers who prefer online purchasing is equal to or less than 50%. Therefore, the null hypothesis can be stated as follows:
Null hypothesis (H0): The proportion of consumers who prefer online purchasing is less than or equal to 50%.
The alternative hypothesis, on the other hand, assumes that the proportion of consumers who prefer online purchasing is greater than 50%, which implies that the company will start selling its products online. Thus, the alternative hypothesis can be stated as follows:
Alternative hypothesis (Ha): The proportion of consumers who prefer online purchasing is greater than 50%.
To test these hypotheses, the company can conduct a survey to collect data on consumer preferences for online purchasing. Based on the survey results, they can calculate the proportion of consumers who prefer online purchasing and use statistical methods to determine whether the proportion is significantly greater than 50%.
If the alternative hypothesis is supported by the data, the company can proceed with selling their products online. Otherwise, they may need to reconsider their decision and explore other options.
To know more about null hypothesis refer here:
https://brainly.com/question/30821298#
#SPJ11
Related Questions
Specialization can help a country's economy by:
O A. reducing the level of division in its labor force.
O B. increasing its overall opportunity costs.
O C. increasing the cost of its voluntary exchanges.
O D. reducing its need to be self-sufficient.
Answers
Answer: reducing its need to be self-sufficient
Answer:
reducing its overall opportunity costs.
Explanation:
Nirav, Samantha, and Nev want to incorporate their small skateboard business. To do so, they must file legal documents with the appropriate state office. What are these legal documents called?
Answers
Based on the fact that the legal documents in question are to be used to incorporate the skateboard business, these are Articles of Incorporation.
What are Articles of Incorporation?When a company needs to be created and registered with the government, it will need to supply certain documents that lead to its creation.
These are the Articles of Incorporation which serve as proof that a company has been registered / incorporated in a certain state.
Find out more on Articles of Incorporation at https://brainly.com/question/1198900.
PLS HELP ASAP WILL GIVE BRAINLIEST!!!
Which of the following choices correctly ranks the four economic markets in order from easiest to enter to most difficult to enter?
a.monopoly, monopolistic competition, oligopoly, perfect competition
b.perfect competition, monopoly, oligopoly, monopolistic competition
c.oligopoly, monopoly, monopolistic competition, perfect competition
d.perfect competition, monopolistic competition, oligopoly, monopoly
Answers
You need to create a legal structure for your small business. You have plans for it to grow and hope in the future to sell shares to the public. Your startup partners are citizens of Mexico and Japan. You do not want to be personally responsible for business liabilities. Which legal structure should you set up for your business?
Question 1 options:
Limited Liability Company
S- Corporation
Sole Proprietorship
C- Corporation
Answers
C-Corporation
Answer:
C- Corporation
Explanation:
Amanda is a manager at an automobile manufacturing plant. After careful inspection, one of her employees noticed a defect in a part that is necessary for airbag deployment. The company has been using that part for the past three months and it is unknown for how long they might have been receiving the defective part from their supplier. Amanda follows the utilitarian approach for her ethical decision making. Amanda will likely
Answers
Amanda will likely recall all the vehicles that have the defective part, even if it results in a significant financial loss for the company.
Why is ethical decision-making important in the business environment?Without a robust code of ethics, a company risks breaking the law, falling into financial trouble, and facing unethical situations. However, a company's stakeholders—including customers, employees, and other parties—are assured by good business ethics that it follows the law and acts morally.
The utilitarian approach to ethical decision-making aims to maximize overall happiness or pleasure and minimize overall pain or harm. In this scenario, Amanda must consider the potential harm that the defective part can cause to the customers who buy the cars manufactured by her company.
If the airbag deployment fails due to the defective part, it can result in severe injury or even death of the passengers in the car. Therefore, to minimize overall harm, Amanda should recall all the vehicles that have a defective parts, even if it results in a significant financial loss for the company.
This action will prioritize the safety and well-being of the customers over the company's financial interests, as it will prevent potential harm to many people.
Learn more about ethical decision-making here:
https://brainly.com/question/14890010
#SPJ2
The function f(x) = 2,000(1 + )12t models the balance in a savings account.
The savings account had an initial balance of _ and compounds
_ at an interest rate of _
Answers
Answer:
In the exponential function f(x) = P(1 + )nt :
P = principal value
r = the annual interest rate
n = number of compounding periods in a year
t = time in years
For the given function, P = 2,000, r = 0.0225, or 2.25%, and n = 12. So, the interest compounds 12 times a year, or monthly.
Therefore, the savings account had an initial balance of $2,000 and compounds monthly at an interest rate of 2.25%.
Explanation:
Explanation from PLATO
The tendency for respondents to agree that a new product is a good idea in a survey is known as:_________
Answers
The tendency of survey participants to agree that an innovation is a good idea is known as Acquiescence bias.
What is Survey?Survey refers to the act of examining and asking the list of question to the different variety of people in order to extract the specific information.
In a survey, the likelihood for respondents to agree that a new product is a good idea is known as Acquiescence bias.
Therefore, it can be concluded that Acquiescence bias is the correct term for the given blank.
Learn more about Survey here:
https://brainly.com/question/28268462
#SPJ4
a test engineer is to conduct environmental testing but the chamber cannot hold all the equipment that needs to be tested. this is an example of a constraint that could impact the sequence and timing of activities in a project network. what type of constraint is it?
Answers
A test engineer is to conduct environmental testing, but the chamber cannot hold all the equipment that needs to be tested. this is an example of a constraint that could impact the sequence and timing of activities in a project network. it is physical type of constraint.
If sources aren't good enough to fulfill height demands, the overdue begin of a few sports ought to be delayed, and the length of the venture can be increased. This system is called useful resource-restricted scheduling. Linear programming. Linear sequence of programming (LP) refers to an own circle of relatives of mathematical optimization strategies which have proved powerful in fixing useful resource allocation problems, especially the ones discovered in commercial manufacturing systems.
Learn more about commercial manufacturing here:
https://brainly.com/question/25646504
#SPJ4
Should patients have the right to sue manufacturers of innovative medical devices in state courts under consumer safety laws for injuries resulting from use of experimental treatments involving high-risk devices?
Answers
The answer is yes, patients should have the right to sue manufacturers of innovative medical devices in state courts under consumer safety laws for injuries resulting from use of experimental treatments involving high-risk devices. This is because, while it is important for manufacturers to be allowed to create new and innovative treatments, it is equally important to ensure the safety of the patients who will be using these treatments.
The US Food and Drug Administration (FDA) is responsible for regulating the development, testing, and approval of medical devices, including high-risk devices that are used in experimental treatments. However, the FDA's approval process is not foolproof and can sometimes fail to identify all potential risks associated with a new treatment.
In such cases, patients who have been injured as a result of using these treatments should have the right to hold manufacturers accountable for their injuries. This is where consumer safety laws come into play, as they provide a legal framework for patients to seek compensation for injuries resulting from the use of defective or dangerous products.
To know more about manufacturers visit:
https://brainly.com/question/29489393
#SPJ11
explore the factors that allowed GDPR to be introduced in the
EU
Answers
The General Data Protection Regulation (GDPR) is a comprehensive privacy law in the European Union (EU). The regulation sets out a new framework for data protection across the EU that came into effect in May 2018. A range of factors made it possible for GDPR to be introduced in the EU.
Some of the factors include increasing concerns about privacy, data protection, and data breaches. There have been many high-profile data breaches, and concerns about the use of personal data have been growing, prompting calls for stronger regulations. Other factors include the EU's commitment to promoting the digital economy, which requires a secure environment for data. In addition, the GDPR is seen as a way of protecting EU citizens' rights to privacy and enhancing their trust in digital services. Finally, the regulation has been developed through a democratic process, with input from stakeholders, and reflects the EU's values and principles.
To know more about comprehensive privacy visit:
https://brainly.com/question/31302591
#SPJ11
What key features should you point out when demonstrating 2022 kicks’ confident handling?.
Answers
The Key features of demonstrating 2022 kicks’ confident handling includes:
Intelligent All-Wheel Drive Available Intelligent Trace Control (I-TC)4-wheel independent suspension Dual-Pinion Electric Power Steering (DP-EPS),What is confident handling?In vehicle, a confident handling is a features that aims to improve the driver's experience while handling the car.
Some features that contribute to 2022 vehicle confident handling includes Available Intelligent All-Wheel Drive , Available Intelligent Trace Control (I-TC), 4-wheel independent suspension and Dual-Pinion Electric Power Steering (DP-EPS),
Read more about confident handling
brainly.com/question/26005712
which is the insurance plan responsible for paying health care insurance claims first?
Answers
The insurance plan responsible for paying health care insurance claims first is the primary insurance plan.
In a situation where an individual has multiple insurance plans, such as through their employer and as a dependent on a spouse's plan, the primary insurance plan is the one that takes the initial responsibility for paying the health care insurance claims. The primary insurance plan typically covers the costs up to its policy limits and as per its coverage terms.
Once the primary insurance plan has paid its portion, the secondary insurance plan (if applicable) may cover any remaining costs up to its own policy limits. This process ensures that the primary insurance plan is the first to bear the financial responsibility for the covered medical expenses. Coordinating benefits between multiple insurance plans helps individuals maximize their coverage and minimize out-of-pocket expenses for health care services.
Know more about insurance plan here:
https://brainly.com/question/14675315
#SPJ11
Which type of Financial Aid am I? I am given to students who come from lower-income families and I do not need to be repaid. *
Answers
why do competitive markets work better for life insurance than for income insurance?
Answers
Answer:Because insurance market is competitive, when companies become profitable, they start adopting a more lenient underwriting criteria and lower their premiums to grab more market share.
Explanation:
Other insurance companies react by adopting the same policies, to prevent their shares taken away or to increase their market share.
The ________ function allows for multiple criteria in multiple ranges to be evaluated and counted.
Answers
The COUNTIF function enables the evaluation and counting of many criteria across various ranges. Use the COUNTIF function if you want to use numerous criteria at one time. The COUNTIF function has the following syntax: =COUNTIF (range, criteria).
The range specifies which cells must be counted, and the criterion control specifies which cell values must be counted and which must not. Using Excel's COUNTIF function to count using the AND condition is quite simple. For counting cells with two or more criteria, use the COUNTIFS function.
For purposes of partial matching, the COUNTIF function's criteria can also incorporate a variety of logical operators and wildcards. Excel's COUNTIF function does not allow the use of arrays and always requires a range of cells.
To know more about COUNTIF, click here:-
https://brainly.com/question/13201426
#SPJ4
Macro final Resume later question: Submit test 1 point(s) possible Suppose that real GDP is currently $24.3 trillion and potential real GDP is $25.0 trillion, or a gap of $700 billion. The government purchases multiplier is 2.5, the tax multiplier is -1.5, and the transfers multiplier is 1.5. Holding other factors constant, by how much will government purchases need to be increased to bring the economy to equilibrium at potential GDP? Government spending will need to be increased by $ billion. (Enter your response rounded to the nearest whole number.) Holding other factors constant, by how much will taxes have to be cut to bring the economy to equilibrium at potential GDP? Taxes will need to be cut by $ billion. (Enter your response rounded to the nearest whole number.) Holding other factors constant, by how much will transfer payments have to increase to bring the economy to equilibrium at potential GDP? Transfer payments will need to increase by $ billion. (Enter your response rounded to the nearest whole number.)
Answers
To bring the economy to equilibrium at potential GDP, government purchases need to be increased by $280 billion, taxes need to be cut by $467 billion, and transfer payments need to increase by $467 billion.
These calculations are based on the given multipliers, which indicate the impact of changes in each variable on real GDP. Increasing government purchases by $280 billion will stimulate economic activity and close the GDP gap. Similarly, cutting taxes by $467 billion and increasing transfer payments by the same amount will boost consumer spending and aggregate demand, leading to equilibrium at potential GDP.
Learn more about purchases here;
https://brainly.com/question/32412874
#SPJ11
To force the value of the British pound to depreciate against the dollar, the Federal Reserve should: Group of answer choices sell dollars for pounds in the foreign exchange market and the Bank of England should sell dollars for pounds in the foreign exchange market. sell pounds for dollars in the foreign exchange market and the Bank of England should sell pounds for dollars in the foreign exchange market. sell dollars for pounds in the foreign exchange market and the Bank of England should sell pounds for dollars in the foreign exchange market. sell pounds for dollars in the foreign exchange market and the Bank of England should sell dollars for pounds in the foreign exchange market.
Answers
Answer:
sell pounds for dollars in the foreign exchange market and the Bank of England should sell pounds for dollars in the foreign exchange market.
Explanation:
The Federal Reserve System ( popularly referred to as the 'Fed') was created by the Federal Reserve Act, passed by the U.S Congress on the 23rd of December, 1913. The Fed began operations in 1914 and just like all central banks, the Federal Reserve is a United States government agency.
Generally, it comprises of twelve (12) Federal Reserve Bank regionally across the United States of America.
Depreciation can be defined as the reduction of cost of a fixed asset systematically until the value of the asset becomes zero.
A foreign exchange market can be defined as type of market in which the currency of one country is converted into that of another country.
For example, the conversion of dollars of the United States of America can be converted into Pounds (British) at the foreign exchange market.
Hence, to force the value of the British pound to depreciate against the dollar, the Federal Reserve should sell pounds for dollars in the foreign exchange market and the Bank of England should sell pounds for dollars in the foreign exchange market.
trur or false :- Banks
with high NIM and ROA are more profitable and more efficiently run
by their management
Answers
While banks with high net interest margins (NIM) and return on assets (ROA) may be more profitable, it doesn't necessarily mean that they are more efficiently run by their management. The statement is False.
Profitability can be influenced by various factors such as the interest rate environment, economic conditions, and the bank's overall risk management practices. In addition, a high NIM and ROA can also be a result of a bank taking on more risk, which may not necessarily be a good thing in terms of long-term sustainability. The difference between the interest income from a bank's assets, such as loans and investments, and the interest expense paid on its liabilities, such as deposits and borrowings, is known as the bank's net interest margin (NIM).
A ratio called return on assets (ROA) calculates a bank's profitability by expressing net income as a proportion of all of its assets. A greater ROA shows that the bank is making more money in comparison to its asset base, which may be a sign of management effectiveness. Therefore, it is important to look at a variety of performance metrics and factors when evaluating a bank's management and overall health.
To know more about Return On Assets visit:
https://brainly.com/question/31723031
#SPJ11
Regardless of income or wealth, setting aside some portion of current income regularly for future use helps in developing good _________.
Answers
Regardless of income or wealth, setting aside some portion of current income regularly for future use helps develop good income savings.
Personal saving is the money left over after people spend their money and pay their taxes. The personal saving rate is the percentage of disposable income that people save. This rate is used to learn about Americans' financial health and to forecast consumer behaviour and economic growth. the average saving rate by income or wealth class The dotted line represents the frequently stated 4% number, which comprises the poorest 90% of income earners. The top 10% to top 1% of income earners save about 12%, which I find relatively low. Only the top 1% holds a fantastic 38%.
Learn more about Personal saving here:
brainly.com/question/3186765
#SPJ4
The table shows the terms of a fixed-rate mortgage.
Which accurately describes the terms of this mortgage? Check all that apply.
The homeowner is borrowing $360,000.
The monthly interest rate is 4 percent.
Monthly payments must be made for 30 years.
The annual interest rate is 4.8 percent.
The homeowner is borrowing $200,000.
Monthly payments must be made for 360 years.
Answers
The fixed-rate mortgage concept is used in home loans. Monthly payments for 30 years, the interest rate is 4.8%, and borrowing $200,000.
What is a fixed-rate mortgage?It is usually used in home loans with a fixed interest rate during the term of the loan. It is beneficial because once the rate of interest is fixed it is not influenced by the increase in the rate in the future.
C - Monthly payments for 30 years.
D - The interest rate is 4.8 % annually
E - borrowing $200,000.
Therefore, options C, D, and E explain the fixed-rate mortgage.
Learn more about fixed-rate mortgages here:
https://brainly.com/question/2726838
what do you think about how the seniors of 2020 should have there graduation.
Answers
Answer:in our town what the seniors are doing is they drive up to the field in their cars and then one by one get out and walk the stage.
Answer:
^^
Explanation:
Assuming now the risk-free rate is 5%, and the expected return on the market index is 15%. XYZ is a listing company after IPO, the market information of which is as follows. Beta Dividend payout ratio Return on equity 1.0 40% 15% If XYZ's stock is expected to pay a $2.50 dividend, using the dividend discount model, what is its intrinsic value?
Answers
The intrinsic value of XYZ's stock, based on the dividend discount model, is approximately $27.78.
To calculate the intrinsic value of XYZ's stock using the dividend discount model, we can use the formula:
Intrinsic Value = Dividend / (Required Rate of Return - Dividend Growth Rate)
Given the following information:
Dividend (D) = $2.50
Return on Equity (ROE) = 15% (0.15)
Dividend Payout Ratio = 40% (0.40)
Risk-Free Rate = 5% (0.05)
Expected Return on Market Index = 15% (0.15)
First, we need to calculate the Dividend Growth Rate (g) using the Dividend Payout Ratio and ROE:
Dividend Growth Rate (g) = Dividend Payout Ratio * ROE
= 0.40 * 0.15
= 0.06 (or 6%)
Next, we calculate the Required Rate of Return (k) using the Capital Asset Pricing Model (CAPM):
Required Rate of Return (k) = Risk-Free Rate + Beta * (Expected Return on Market Index - Risk-Free Rate)
= 0.05 + 1.0 * (0.15 - 0.05)
= 0.05 + 1.0 * 0.10
= 0.15 (or 15%)
Now, we can calculate the intrinsic value:
Intrinsic Value = D / (k - g)
= $2.50 / (0.15 - 0.06)
= $2.50 / 0.09
= $27.78
Therefore, the intrinsic value of XYZ's stock is approximately $27.78.
To learn more about intrinsic, refer below:
https://brainly.com/question/27908904
#SPJ11
Turn to Part C of the Systems Analyst's Toolkit and review the concept of net present value (NPV). Determine the NPV for the following: An information system will cost $175,000 as an initial investment to implemented over a six month period and will produce no savings during the last six months of first year once it has gone online. When the system goes online, the company will save $27,750 during the second year of operation. For the next four years, the savings will be $39,250,$45,500,$48,500, and $40,250, respectively per year. Assuming a 4.25% discount rate, what is the NPV of the system? Explain in detail whether.or.not this a good investment (one four sentence paragraph at a minimum).
Answers
The NPV of the system is the sum of the present values of the cash flows minus the initial investment, which needs to be calculated based on the given data.
To calculate the NPV, we need to discount the future cash flows to their present values and subtract the initial investment. Using a discount rate of 4.25%, we can calculate the present value of each cash flow and sum them up. The present value of each cash flow is calculated by dividing the cash flow by (1 + discount rate) raised to the corresponding period. After calculating the present values, we subtract the initial investment of $175,000. If the resulting NPV is positive, it indicates that the project is a good investment. If the NPV is negative, it suggests that the project may not be worthwhile.
Learn more about NPV here :
https://brainly.com/question/29423457
#SPJ11
F jackson collectibles, inc. has a safety stock of 35 units and the average weekly demand is 14 units, how many days can be covered if the shipment from the supplier is delayed ?
Answers
17.5 Days can be covered if the shipment from the supplier is delayed.
What Average Demand?Average demand, which is calculated by dividing the total number of kilowatt-hours by the number of units of time in the interval, is the demand for the electrical system or any of its components throughout a specific period of time with a long length.
According to the information:35 items make up Jackson Collectibles' safety supply.
However, 14 units are needed each week.
The amount of weeks they may survive on safety stock as a result is:
= Weekly demand / safety stock
= 35 / 14
= 2.5 weeks
These are in days:
= 2.5 * 7
= 17.5 days
To know more about Average demand visit:
https://brainly.com/question/24260192
#SPJ4
The following graph presents the market for keyboards in 2016. Between 2016 and 2017, equilibrium quantity of keyboards remained constant, but the equilibrium price of keyboards increased. Given this information, you can conclude that between 2016 and 2017, the supply of keyboards ___ and the demand for keyboards ____.
Make changes to The graph to illustrate your answer by showing the positions of the supply and demand curves in 2017.
Select and drag one or both of the curves to the desired position. Curves will snap into position, so if you try to move a curve and it snaps back to its original position, just drag get a little farther
Answers
Between 2016 and 2017, the supply of keyboards decreased and the demand for keyboards increased. This would result in an increase in the equilibrium price and a constant equilibrium quantity. The supply curve would shift leftwards and the demand curve would shift rightwards, both relative to the original positions in 2016.
What is equilibrium price?The term "equilibrium pricing" in economics refers to the price at which consumers' willingness and ability to buy an equal amount of an item or service as suppliers' willingness and ability to deliver that same amount. There is neither an excessive supply of goods nor an excessive demand, signalling a market in equilibrium where the forces of supply and demand are balanced. Since buyers and sellers may freely exchange goods and services at the equilibrium price, there are no market pressures to modify the price at that point. Up until a change occurs, such an increase or reduction in supply or demand, the market will continue in an equilibrium condition until it adjusts and finds a new equilibrium price.
To learn more about equilibrium visit here:
https://brainly.com/question/28527601
#SPJ1
Why is education base of an occupation? Explain.
Answers
Occupational education refers to a total program of education oriented to the world of work. Occupational education should be gin to take form in the elementary school with a basic introduction to the world of work in terms appropriate to the maturity level of the students.
You sell 100 shares short of AMF Corporation when it is selling at $45 per share. Your margin requirement is 60% and the commission on the sale is $50 and the broker charges 10% annual interest. AMF Corporation paid a $0.50 per share dividend while you were short the stock. After one year you cover your short sale at $35 per share with a $50 commission for the purchase.
1. What is your total dollar return on this investment?
2. What is your annual rate of return on this investment?
3. Suppose you purchase 200 shares of Best Hat Corporation at $52 a share by making a margin deposit of 50%. If the maintenance margin is 30%, at what price will you receive a margin call?
Answers
1. Your total dollar return on this investment is $900. 2 annual rate of return on this investment is 20%. 3 a margin call will occur if the price per share of Best Hat Corporation falls to $31.20 or below.
A margin call will occur if the price per share of Best Hat Corporation falls to $31.20 or below.To calculate the total dollar return on the investment, we need to consider the initial short sale, the dividend received, and the cost of covering the short sale.
Total dollar return = (Initial short sale proceeds + Dividend received) - (Cost of covering the short sale + Commission on the sale + Commission on the purchase) Total dollar return = ($4,500 + $50) - ($3,500 + $50 + $50) Total dollar return = $4,550 - $3,650 Total dollar return = $900
To calculate the annual rate of return, we can use the formula: Annual rate of return = (Total dollar return / Initial short sale proceeds) * (1 / Time held) Time held = 1 year Annual rate of return = ($900 / $4,500) * (1 / 1) Annual rate of return = 0.2 or 20%
To determine the price at which a margin call will occur, we need to consider the margin deposit, maintenance margin, and the number of shares purchased. Margin deposit: 50% of the purchase price = 50% * ($52 * 200 shares) = $5,200 Maintenance margin: 30% of the purchase price = 30% * ($52 * 200 shares) = $3,120
To calculate the price at which a margin call will occur, we need to find the point at which the equity (value of shares - loan) is equal to or below the maintenance margin:
Equity = (Value of shares) - (Loan) Value of shares = Number of shares * Price per share Let x be the price per share: Equity = (200 shares * x) - (50% * 200 shares * x) Equity = 200x - 100x = 100x
Setting the equity equal to the maintenance margin: 100x = $3,120 x = $3,120 / 100 x = $31.20 Therefore, a margin call will occur if the price per share of Best Hat Corporation falls to $31.20 or below.
To know about short sale refer:
https://brainly.com/question/17418622
#SPJ11
Derick wants to purchase an existing business in the service industry. However, he does not want to use the traditional sources of information that entrepreneurs generally use to make the purchase. Which of these statements refers to an alternative source that Derick can use to locate businesses up for sale?
A.
He could hire the services of a business brokerage company.
B.
He could refer to websites that provide such details.
C.
He could contact businesses through details provided in trade magazines.
D.
He could ask his accountants and lawyers if any of their other clients want to sell their businesses.
E.
He could refer to “business for sale” advertisements listed in the classified sections of newspapers.
Answers
Answer:
The answer is D
Explanation:
I got it right on my quiz. :)
Why might people choose to rent a home rather than buy a home? a. They have a lot of money saved for a down payment. b. The property maintenance is the owner's responsibility. c. The interest rates on equity are too high. d.They have a long-term commitment to the area.
Answers
Renting can be a more flexible option, allowing you to move more easily if you need to. There are several reasons why people may choose to rent a home rather than buy one.
One reason is that they may not have a lot of money saved for a down payment. Buying a home typically requires a significant down payment, and not everyone has the financial resources to make such a large payment. In contrast, renting a home typically requires a smaller upfront cost, such as a security deposit and first month's rent.
Another reason why people may choose to rent a home is that property maintenance is the owner's responsibility. When you rent a home, you are not responsible for repairs or maintenance on the property. This can be a major benefit for people who don't have the time or inclination to handle these tasks themselves.
In addition, people may choose to rent a home because the interest rates on equity are too high. If interest rates are high, it may not make financial sense to buy a home. Renting may be a better option in this situation, as it can be more affordable in the short term.
Finally, some people may choose to rent a home because they have a long-term commitment to the area. If you're not sure how long you will be living in an area, it may not make sense to buy a home. Renting can be a more flexible option, allowing you to move more easily if you need to.
To know more about Renting click here:
https://brainly.com/question/28481564
#SPJ11
As an entrepreneur, jill spends the majority of her time on the more 'glamorous' activities of running a business rather than the administrative
duties.
OA.
True
OB.
False
Answers
It is false that an enterprenuer, jill will spends the majority of her time on the more 'glamorous' activities of running a business rather than the administrative duties.
Who is an enterprenuer?An entrepreneur is an individual who Identifies a gap or problem and creates a new business around it.
The persons bears most of the risks attached to the business and is more dedicated to the activities, planning and administrative work of the business.
Therefore, It is false that an enterprenuer, jill will spends the majority of her time on the more 'glamorous' activities of running a business rather than the administrative duties.
For more information on entrepreneur kindly check https://brainly.com/question/1394707