If successive units of a good yield smaller and smaller amounts of marginal utility then the consumer will buy additional units of a product only if its price ______. Multiple choice question. is elastic falls rises is inelastic
Answers
If successive units of a good yield smaller and smaller amounts of marginal utility then the consumer will buy additional units of a product only if its price falls.
According to the theory of diminishing marginal utility, the additional satisfaction or utility gained from each additional unit of a good consumed by a consumer declines.
In other words, the marginal utility diminishes as consumption increases.
When the consumer evaluates whether to buy additional units of a product, they compare the marginal utility derived from the additional unit with the price of that unit.
If the marginal utility is smaller than the price, it means that the consumer is getting less satisfaction from the additional unit than what they have to pay for it.
In this case, the consumer will not find it worthwhile to purchase the additional unit.
Therefore, for the consumer to buy additional units, the price of the product needs to fall.
A lower price will make the marginal utility of the additional unit relatively higher compared to its cost, increasing the consumer's willingness to buy.
In summary, if successive units of a good yield smaller amounts of marginal utility, the consumer will only buy additional units if the price of the product falls.
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Related Questions
Use the drop-down menu to choose best job title for each example below.
Ana analyzes applications and talks with people who are applying for government assistance. Her job title is best
described as
Donald organizes records, answers phones and creates reports for a city council. His job title is best described as
Kim sorts letters and packages and delivers them to homes and businesses. His job title is best described as
Answers
Answer:
eligibilty interviewer
municipal clerk
postal service mail carrier
Explanation:
i just did the edunity
Answer:
eligibilty interviewer
municipal clerk
postal service mail carrier
Explanation:
here again are the boxplots showing annual incomes (in thousands of dollars) of households in two cities. Statstown - Medianville - 0 20 40 100 120 140 60 80 Annual Income Which city has a greater percentage of households with annual incomes between $50,000 and $80,000? Statstown Medianville Both cities have the same percentage of households with annual incomes between $50.000 and $80.000. It is impossible to tell from the boxplots.
Answers
Based on the provided boxplots for annual incomes of households in Statstown and Medianville, it is impossible to definitively determine which city has a greater percentage of households with annual incomes between $50,000 and $80,000.
Boxplots only show the minimum, maximum, median, and interquartile range (Q1 and Q3), and do not provide specific information regarding the percentage of households within a particular income range.
To accurately determine the percentage of households with annual incomes between $50,000 and $80,000, you would need to have access to the raw data or a more detailed representation of the income distribution for each city.
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an investment adviser has a fee structure that states: assets under management annual fee 0 - $1,000,000 2.00% >$1,000,000 - $5,000,000 1.50% >$5,000,000 - $10,000,000 1.00% >$10,000,000 negotiable with client which statement is true about such an arrangement? a this is prohibited under nasaa rules because it favors customers with more assets under management b this is prohibited because advisers cannot have negotiable fees c this is permitted as long as the negotiated fee is less than 1% d this is permitted without restriction
Answers
This is permitted as long as the negotiated fee is less than 1% is TRUE about such an arrangement
What are Negotiated Fees?Negotiated fees are the sums that network dentists have consented to accept as full payment for services that are covered, less any co-payments, deductibles, cost-sharing, and benefit caps. Negotiated fees may be altered. A financial advisor cannot demand "unreasonable" fees. It is acceptable and reasonable to have a charge structure that lowers the fee % as the amount of assets managed increases. The adviser may also set negotiable fees, provided that they are fair and implemented consistently. As a result, the advisor may negotiate a cost for a client with $15,000,000 in assets to invest that is less than 1% (it could not be higher than 1% because doing so would result in the client being charged a higher fee than clients with lower investment amounts).The complete question is,
An investment adviser has a fee structure that states:
Assets Under Management Annual Fee
0 - $1,000,000 2.00%
>$1,000,000 - $5,000,000 1.50%
>$5,000,000 - $10,000,000 1.00%
>$10,000,000 Negotiable With Client
Which statement is TRUE about such an arrangement?
A. This is prohibited under NASAA rules because it favor customers with more assets under management
B. This is prohibited because advisers cannot have negotiable fees
C. This is permitted as long as the negotiated fee is less than 1%
D. This is permitted without restriction
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The idea of diminishing returns to an input in production suggests that if a local college adds more and more custodians, the marginal product of labor for the custodial staff will ________ over time
a. increase at an increasing rate
b. increase at a decreasing rate
c. decrease
d. not change
e. increase at a constant rate.
Answers
Answer:
c. decrease
Explanation:
The law of diminishing marginal return confers that adding more of a unit of production while holding the other inputs constant will lead to a decline in productivity. Employing more units of a particular input will increase productivity until the optimal level is achieved. Beyond the optimal level, the benefits from an extra input will increase at a decreasing rate and eventually losses.
Adding more custodians will be beneficial up to the level only. Any extra custodians past the optimal level will cause a reduction in labor productivity.
There are 10,000 shares of $20 par value cumulative 7 percent preferred stock outstanding, and 90,000 shares of common stock outstanding. Last year, the preferred stock did not receive its dividend because of a loss. This year, dividends of $50,000 are distributed to shareholders.
Answers
Answer:
Since the preferred dividends are cumulative, any dividends not paid last year will be paid this year before any common dividends are paid.
Preferred dividends = 10,000 x $20 x 7% x 2 = $28,000
Dividends per preferred stock = $28,000 / 10,000 = $2.80
Common stocks dividends = $50,000 - $28,000 = $22,000
Dividends per common stock = $22,000 / 90,000 = $0.24
The value of the preferred dividends will be $28000 and the dividends will be $2.80.
From the information given, it should be noted that the preferred dividends will be calculated thus:
= 10000 × 20% × 7% × 2
= 10000 × 0.2 × 0.07 × 2
= $28000
Dividend per preferred stock will be:
= $28000/10000
= $2.80
The common stocks dividend will be:
= $50000 - $28000 = $22000
The dividend per common stock will be:
= $22000/90000 = $0.24.
Preferred stock is 2.80 and common stock is 0.24.
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Insurance Plan Summary
Deductible
$5,000.00
Wellness Exams
No-deductible
100% covered
What is the monthly
payment an employee
with a family plan on
this health plan is
required to pay, even
if they do not visit a
doctor or hospital?
Premium (monthly)
Individual
$45.00
Individual+Spouse
$400.00
A. $5,000.00
B. $45.00
C. $400.00
D. $0
Answers
Review of ratings & the 80/20 Rule
Rate Review and the 80/20 rule are two tools provided by the health care law to hold insurance companies accountable and assist in limiting costs.
Review of Rate
You are better protected from arbitrary rate increases thanks to Rate Review. Any rate increase of 15% or more must now be disclosed publicly by insurance firms before your premium is increased. Plans that are grandfathered in are exempt from this.
To view the planned and actual rate increases for your insurance plan, look it up online.
80/20 Rule
According to the 80/20 Rule, insurance firms must spend at least 80% of the premium revenue they receive on healthcare expenses and quality-improvement initiatives. Costs for administration, overhead, and marketing can be covered by the remaining 20%.
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Considering the balance sheet for all commercial banks in the U.S., the largest category of assets is:
a. cash items.
b. U.S. Government Securities.
c. required reserves.
d. loans.
Answers
The largest category of assets on the balance sheet of all commercial banks in the U.S. is loans. Option D.
Loans refer to the money that is borrowed by individuals, businesses, and other entities from commercial banks for various purposes such as buying a house, starting a business, or expanding operations. Loans are considered an asset because they generate income for the bank through the interest charged on them.
The amount of loans that a bank can make is limited by the amount of deposits it has, and the reserves it is required to hold by law. Required reserves refer to the minimum amount of money that banks must keep on hand to meet customer withdrawals and other obligations. These reserves are held with the Federal Reserve, and banks are required to keep a certain percentage of their deposits as reserves.
In conclusion, loans are the largest category of assets on the balance sheet of all commercial banks in the U.S. This is because loans generate income for the bank, and are a key part of the banking business model. While cash items and U.S. Government Securities are also important asset categories for banks, loans are the primary source of income for most banks. Option D is correct.
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What are two responsibilities of a Lean-Agile Center of Excellence? (Choose two. )
To help establish relentless improvement
To coordinate Portfolio Level events
To lead Inspect and Adapts events
To implement a new organizational structure
To foster SAFe Communities of Practice
Answers
Two of a Lean-Agile Center of Excellence's duties are: To promote continuous progress, SAFe Communities of Practice should be promoted.
A focused group inside an organisation known as a Lean-Agile Center of Excellence is in charge of promoting and assisting in the adoption of Lean-Agile concepts, methods, and principles. A Lean-Agile Center of Excellence's main objective is to make sure that the firm can continuously enhance its business processes and produce better results. This entails assisting teams with coaching and direction, enabling the adoption of fresh approaches, and promoting an innovative and lifelong learning culture. A Lean-Agile Center of Excellence is also in charge of overseeing Inspect and Adapts events, supporting SAFe Communities of Practice, and organising Portfolio Level events. Organizations can increase their capacity to adjust to shifting market conditions, deliver value to consumers more successfully, and accomplish these goals by building a Lean-Agile Center of Excellence.
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buscando amistad read the ads for pen pals. then listen to the four recorded personal ads. write the name of the person whose written ad best suits each recorded personal ad.
Answers
Note that the name of the person whose written ad best suits the recorded personal ad is Claudia Morales.
What is a Written Ad?
A written ad, also known as a print ad, is a type of advertising that is printed on paper and distributed through various mediums such as magazines, newspapers, brochures, flyers, and posters.
Written ads can take many forms, including text-based ads, image-based ads, or a combination of both. They typically contain a short, catchy message that aims to capture the reader's attention and persuade them to take a specific action, such as purchasing a product or service, visiting a website, or attending an event.
Written ads are a common form of marketing and can be an effective way to reach a target audience.
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Full Question:
Buscando amistad read the ads for pen pals. then listen to the four recorded personal ads. write the name of the person whose written ad best suits each recorded personal ad.
1. GUILLERMO Hola. Me llamo Guillermo Sanchez y soy de Lima, Peru. Tengo diecinueve anos y desco tener amistad con alguien que le guste la musica rock, el cine y las computadoras.
Question 6 of 10
The practice of fractional reserve banking means that:
O A. banks are required by law to operate as nonprofit organizations.
O B. banks are not allowed to use deposited funds to make loans.
O C. banks can change the interest rates on loans at any time.
O D. banks only keep a portion of their deposits as cash reserves.
Answers
Answer:
D. banks only keep a portion of their deposits as cash reserves.
Explanation:
A fractional reserve system needs a commercial bank to maintains the customer deposit percentage at the time of custody. This means that at any time the deposit fraction should have the cash backing i.e. physical also the fraction should be maintained
So according to the given situation, the last option is correct as the bank keep a portion of the deposits in cash reserves
if a sales-person is working on commission and they have a very unappealing product to sell, but the commission rate is quite high, what does expectancy theory say about their likely level of motivation?
Answers
Expectancy theory predicts that a salesperson working on commission with a very unappealing product to sell but a high commission rate will likely be motivated to perform well in order to receive something they value.
What exactly is expectancy theory?Expectancy theory is a thought process that emphasizes personal preference and the selection process. An outline of the process that people go through when making decisions is given by expectancy theory. These options could include decisions for daily living, academic pursuits, or recreational activities.
These people base their decisions on expectations of how those decisions will turn out. We frequently make clothing choices based on what will make us feel comfortable and ready for the day's events. We must put on a rain jacket on a wet day. We frequently require a full breakfast when we have a busy day ahead.
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Product design and choice of location are examples of _______ decisions.
Answers
Jorge's soccer team is having its annual fundraiser. The team hopes to earn at least three times as much as it did last year. Last year the team earned $87. What is the team's goal for this year?
Answers
Answer:
131usd is the aswer
Explanation:
87*3=131usd
A good is produced in a perfectly competitive market. Assume that there are 20 identical firms in 2 Further suppose the industry and that they each have a cost function of C(q) = q + 4q + 2 = x y that there is a representative consumer with utility function u(x, y) where x is the main good and y is another good. This consumer's preferences represent all consumers in the market. .5 .75 a. Solve for the market demand function for the good. Assume that the cost of good y is $6 and that the income of the representative consumer is $36. If you can't solve for this, specify a demand function for the representative consumer in order to solve the rest of the problem. b. Solve for the industry supply function. c. Solve for the equilibrium price and quantity. d. What is the quantity produced under a $1 sales tax?
Answers
A .x = (36Px^2)/(4Px^2 + 9)
B. Q(P) = 20*(P - 4)/2 = 10*(P - 4)
C. The equilibrium price is $3 and the equilibrium quantity is 3 units.
D. The quantity produced with a $1 sales tax is 3.46 units.
a. To solve for the market demand function, we need to derive the representative consumer's utility function with respect to x and set it equal to the marginal utility of income:
MUx = d/dx u(x,y) = 0.5y/x^0.5
MUy = d/dy u(x,y) = 0.75/x^0.25
Setting MUx/Px = MUy/Py = MU/I, where Py = $6 and I = $36, we get:
0.5y/x^0.5Px = 0.75/6
y/x^0.5Px = 0.25
y = 0.25x^0.5Px
Substituting this into the budget constraint Pxx + Pyy = I, we get the market demand function:
x = (36Px^2)/(4Px^2 + 9)
b. The industry supply function is the sum of each firm's supply function. Since there are 20 identical firms with cost function C(q) = q^2 + 4q + 2, their marginal cost function is:
MC(q) = dC(q)/dq = 2q + 4
Each firm will produce where MC = P, so the supply function for each firm is:
Q(P) = (P - 4)/2
The industry supply function is then:
Q(P) = 20*(P - 4)/2 = 10*(P - 4)
c. Setting market demand equal to market supply, we get:
(36Px^2)/(4Px^2 + 9) = 10*(P - 4)
Solving for P, we get:
P = 3
Substituting this into the demand function, we get:
x = 3 units
So the equilibrium price is $3 and the equilibrium quantity is 3 units.
d. With a $1 sales tax, the new supply function becomes:
Q(P) = 10*(P - 4) - T
where T is the amount of the tax.
Setting market demand equal to market supply, we get:
(36Px^2)/(4Px^2 + 9) = 10*(P - 4) + 1
Solving for P, we get:
P = 3.2
Substituting this into the demand function, we get:
x = 3.46 units
So the quantity produced with a $1 sales tax is 3.46 units.
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date activity cost per unit jan 5 purchase 50 units $120 jan 20 purchase 100 units $135 jan 27 purchase 75 units $140 jan 30 sell 150 units to be determined the above transactions reflect your new company, which started its operation on jan 1st, with $0 beginning inventory. find the costs of goods sold for the month of january. assume that your warehouse manager uses fifo, periodic. type your answer without the dollar sign, for example: 13,500 should be typed as 13500
Answers
The cost of goods sold for the month of January will be $19,500.
To calculate the cost of goods sold using the FIFO method, we need to determine the cost of goods sold for each batch of units sold. Based on the information provided, we can calculate the cost of goods sold as follows:On January 30th, 50 units from the Jan 5 purchase and 100 units from the Jan 20 purchase were sold. The cost of goods sold for these units is:50 units x $120 + 100 units x $135 = $6,000 + $13,500 = $19,500
The remaining 25 units from the Jan 20 purchase and all 75 units from the Jan 27 purchase are still in inventory.Therefore, the correct cost of goods sold for the month of January is $19,500.Learn more about FIFO method: https://brainly.com/question/24137318
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The balance on a credit card, that charges a 20%
APR interest rate, over a 1 month period is given in
the following table:
Days 1-5: $200 (initial balance)
Days 6-20: $350 ($150 purchase)
Days 21-30: $150 ($200 payment)
What is the finance charge, on the average daily
balance, for this card over this 1 month period?
finance charge = $ [?]
Round to the nearest hundredth.
Enter
Answers
The balance on a credit card, that charges a 20% APR interest rate, the Finance charge is given as
$4.3055
This is further explained below.
What is the APR interest rate?Generally, The interest rate that is applied to a loan, mortgage loan, credit card, etc. is referred to as an annual percentage rate of charge, which sometimes corresponds to a nominal APR and sometimes corresponds to an effective APR.
The annual percentage rate of charge is the interest rate for the entire year, as opposed to just a monthly fee or rate. It is a fee for financing that is presented in the form of an annual rate.
Interest rate APR = 12%
Average balance = ((200*5)+(350*15)+(150*10))/30
Average balance = $258.33
Average balance*APR/12
Finance charge =\(\frac{258.33*20 \%}{12 }\)
Finance charge = $4.3055
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Once on the job, a worker may need to read
a. for background information
b. to locate specific data
c. to learn new procedures
d. all the above
Answers
Once on the job, a worker may need to read for background information, to locate specific data and to learn new procedures.
What is an information?Information is a general term for everything with the capacity to inform. Information is most fundamentally concerned with the interpretation of what may be sensed.
Any naturally occurring process that is not entirely random, as well as any discernible pattern in any medium, can be said to convey some level of information.
Other occurrences and artifacts, such as analog signals, poems, photographs, music or other sounds, and currents, convey information in a more continuous form than digital signals and other data do.
Information is not knowledge in and of itself, but rather the interpretational meaning that can be drawn from a representation. Up to an optimal size, which is the compression's theoretical upper bound, redundant data can be compressed.
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Select the correct answer.
Jesse launched a cheaper variant of her high-performing dishwashing liquid, anticipating similar success. Which strategy has Jesse made use of?
1. product differentiation
2. brand extension
Note: I narrowed it down to these two answers and I will provide Plato’s definitions to these words given. Im leaning towards 1 considering the product would need to be smtn similar using the same brand to be 2 (aka a shampoos company introduced dishwashing liquid). I did post this question before but I’m unable to delete it oops.
Answers
Answer:
product differentiation
Explanation:
i got it right on test
2. If changes happen during September or October, which expenses will you be able to change most easily? Give an example of how you could make a change. (5 points)
Answers
The correct answer to this open question is the following.
Although the question does not provide any context, references, or give options, we can say that if changes happen during September or October, the expenses you will be able to change most easily are according with the provisions projected in the annual plan, the budget, compared with the monthly expenses.
That is why a company has to elaborate on a good financial plan and overseeing the projections and true sales of the marketing and sales plan. This is important to take the proper control of expenses and revenues. Depending on the volume of sales during September and October, you can decide what kind of changes or adjustments to make in the following months.
Answer:
I would be able to change the variable expenses most easily. Such as food, clothing, and discretionary spending.
I could make the change by
Budgeting in October:
food from spending -$70 back to -$60
cut clothes off since I bought some already from -$40 to $0
budget my discretionary spending from -$60 back to -$40
This would increase my savings to $230
Question 1 (10 points) 1. Create one well-stated customer related goal that would be relevant for Chatters Hair Salon. (doublecheck: Is it SMART?) 2. You are an advisor to the manager responsible for meeting this goal and they need a recommendation on how to keep track of the progress toward the goal. Provide advice that is relevant to this goal and this company.
Answers
1. The goal is relevant for the salon and is SMART (Specific, Measurable, Achievable, Relevant, Time-bound).
SMART evaluation:
Specific: The goal specifies increasing customer satisfaction through improving the overall salon experience, focusing on the customer's perception and satisfaction.
Measurable: Customer satisfaction can be measured through surveys, feedback forms, ratings, and reviews, allowing the salon to track improvements.
Achievable: Improving the salon experience is achievable by implementing customer-centric strategies, training staff, enhancing facilities, and optimizing service processes.
Relevant: Customer satisfaction is a key factor in the success of any service-oriented business, making it highly relevant to Chatters Hair Salon.
Time-bound: The goal does not specify a specific time frame, so it would be beneficial to set a deadline or target, such as increasing customer satisfaction by a certain percentage within six months or a year.
2. Recommendation: Implement customer feedback collection, monitor KPIs, provide staff training, and initiate improvement initiatives to track progress toward the goal.
Regularly collect customer feedback: Use customer surveys, feedback forms, and online reviews to gather insights into customer satisfaction levels and identify areas for improvement.
Monitor and analyze feedback: Assign a staff member or team responsible for collecting, analyzing, and reporting customer feedback to identify trends, common issues, and areas of excellence.
Set key performance indicators (KPIs): Establish measurable KPIs related to customer satisfaction, such as customer ratings, repeat business percentage, or positive online reviews, and track these metrics regularly.
Conduct regular staff training: Provide ongoing training sessions for salon employees to enhance their skills, knowledge, and customer service abilities.
Implement improvement initiatives: Based on customer feedback and analysis, develop action plans to address any identified areas for improvement and track the progress of these initiatives over time.
By following these recommendations, Chatters Hair Salon can effectively track progress toward their customer satisfaction goal and make data-driven decisions to continually enhance the salon experience for their customers.
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show your work and explain in a full sentence how 4 2-6 is equivalent to 3 8-6.
Answers
Answer:
\(4\frac{2}{6} = 3\frac{8}{6} = \frac{26}{6}\)
Explanation:
Given
\(4\frac{2}{6}\) and \(3\frac{8}{6}\)
Required
Show that they are equivalent
To do this, we simply convert both fractions to either decimal or improper fraction
Using improper fraction
\(4\frac{2}{6} = \frac{6 * 4 + 2}{6}\)
\(4\frac{2}{6} = \frac{24 + 2}{6}\)
\(4\frac{2}{6} = \frac{26}{6}\)
\(3\frac{8}{6} = \frac{6 *3+8}{6}\)
\(3\frac{8}{6} = \frac{18+8}{6}\)
\(3\frac{8}{6} = \frac{26}{6}\)
After converting both to improper fraction, we have:
\(4\frac{2}{6} = 3\frac{8}{6} = \frac{26}{6}\)
Hence, both are equivalent
If your company increases its market penetration, what is happening?
A The target market is growing.
В. More people in the target market are buying the company's product.
C. The market saturation of the target market has decreased.
D. Competitors who offer similar products are entering the market.
Answers
Answer: More people in the target market are buying the company's product.
Explanation:
Answer:
B.
More people in the target market are buying the company's product.
Explanation:
An example of a cost is _____.
revenues
principal and interest on loans
tornadoes
profits
Answers
It is obvious that an error occurred in the preparation and/or posting of closing entries if: Multiple Choice the Retained earnings account is debited for the amount of the net loss for the period.
Answers
There are different ways to make entry in a balance sheet. It is obvious that an error occurred in the preparation and/or posting of closing entries, if all balance sheet accounts have zero balances.
Should a balance sheet always have a zero balance?Note that the sum of a company assets, liabilities and equity must always balance to zero.
For one to be able to have or generate a balance sheet report that is not equal zero, the balance sheet is said to be out of balance and this may create an error in the ledger transactions.
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A car dealership performs a credit check on a potential customer. according to the credit bureau, the customer's credit score is 710. this is an example of
Answers
Answer:
Interval data
Explanation:
A credit bureau score is obtained when a company is about to give out a loan. It shows wether a person is likely to default on a loan based on historical borrowing behaviour.
When a score is between 580 to 669 means the scores are fair, 670 to 739 is a good score, while 740 to 799 is very good.
This way of scoring occurs in in a scale that occurs at equal intervals or units.
The scores are expressed as numerical value between points that are standardised and equal.
This is called interval data
5x - 3y = 8
9 + 7y - 126
Answers
Answer:
x=7
y=9
Explanation:
:)
is it wierod to have a fav. pet as a posom
Answers
Answer:
no it is your passion
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A customer has a total purchase of $84.75. She hands the person at the
register four $20 bills, three $1 bills, six quarters, one dime, one nickel, and
five pennies. Which of the following is true?
Answers
Answer: The Customer Still owes 0.05
Explanation:
The customer owed $0.05 because She hands the person at the register four $20 bills, three $1 bills, six quarters, one dime, one nickel, and five pennies.
What does purchase cost mean?The total Purchase Price is the total sum that the buyer is required to pay for the goods or services under the terms of the purchase agreement, excluding any taxes, fees for administration, and financing costs.
The term "buy cost" refers to the complete cost of the good or service, including any applicable taxes, shipping charges, additional fees, and contingencies.
Given,
Purchase cost = $84.75
Repayment of cost are as follows = 4 * 20 = $80
= 3 * 1 = $3
= 6 * 0.25= $1.5
= 1 * 0.10 = $0.10
= 1 * 0.05 = $0.05
= 5 * 0.01 = $0.05
The total Payment made by the customer is = $84.70
Thus, the customer pays only $84.70 out of $84.75 which is $0.05 short.
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Which job in the Finance career cluster is ideal for a person with a master’s degree?
A. Bank Teller
B. Controller
C. New Accounts Clerk
D. Loan Officer
Answers
Answer:
i put d
Explanation:
Answer:
ddddddddddddddddddddddddddddddddddddddddddd
Explanation:
Please help I'm about to fail my class and i will be grounded for life, 100 pts for it! its financial literacy
Part One–Research
Imagine you bought 100 shares of stock three years ago and are selling it today. Select a company and research its stock prices. You can start with websites like Nasdaq and Fidelity. Determine the stock's price three years ago, or the purchase price, and its price today, or the selling price.
Part Two–Determine the Real Return
Calculate the real return of your stock investment using the following information:
Purchase price of 100 shares of stock
Selling price of 100 shares of stock
10% tax rate
3% inflation rate
2% administrative fee on the selling price of the stock
Part Three–Evaluate
Analyze your research and calculations, and answer the following questions:
What company did you select to buy stock in? Why did you select the company?
Consider the real return of the stock investment. Do you consider it a wise investment? Why or why not?
Answers
1. I imagine buying 100 shares of Amazon.com Inc. on January 3, 2020, when the stock price was $93.75, investing $9,375.
Today, October 31, 2022, the stock price of Amazon.com Inc. is $102.44.
2. The real return on my investment in Amazon.com Inc was a net loss of 7.12% or $667.60.
3. The company I selected to buy its stock three years ago was Amazon.com Inc.
4. I decided on Amazon.com Inc., hoping to earn spectacular returns since it is a multinational technology company.
5. When I consider the actual return on the stock investment in Amazon.com Inc., I think it was an unwise investment.
6. The investment returned a negative real value because I realized less than I initially invested; I actually lost about $667.60 overall.
What is the stock investment?Stock investment is the purchase of shares for an ownership interest in a publicly-listed company.
The investor makes the investment with the hope that the investee will grow and perform well over some period, enabling the investor to earn some real returns (in the form of dividends and capital appreciation).
Purchase of 100 shares Jan. 3, 2020 = $9,375 (100 x $93.75)
Sales of 100 shares Oct. 31, 2022 = $10,244 (100 x $102.44)
Tax (10%) = $1,024.40 ($10,244 x 10%)
Inflation (3%) = $307.32 ($10,244 x 3%)
Administration fee on sales (2%) = $204.88 ($10,244 x 2%)
Real Returns in dollars = $8,707.40 ($10,244 - $1,024.40 - $307.32 - $204.88)
Loss on returns = $667.60 ($8,707.40 - $9,375)
Loss percentage = 7.12% ($667.60/$9,375 x 100)
Unfortunately, Amazon.com Inc. did not pay any dividends during the period of my investment, and I really lost funds to taxes, inflation, and administration fees when I sold it.
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