BUSINESS HIGH SCHOOL

Describe a real or made up but possible example of a product that went through a time of scarcity. What was likely to happen to the price of the product when it was scarce, and why?

Answers

Answer 1
Answer: For example we can use water. If a product becomes scarce its price would increase due to supply in demand. If drinkable water became scarce its price would be greatly increased to its need and being in extreme demand. In short,  if there is a low supply and a high demand, there is an increase in price and vice versa. 
Answer 2
Answer:

Answer:

Water. In third-world countries, there may be a scarcity of fresh drinking water, It the product is scarce, the price is likely to rise because of the law of supply: as the quantity supplied of a good falls, the price rises.

Explanation:


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COLLEGE

Which personality trait is a poor match for project work? Group of answer choices Honest People-oriented Outgoing Introverted

Answers

Answer:

The correct answer is letter "D": Introverted.

Explanation:

Project work requires managers to interact with the project members constantly to motivate and engage them in the venture. Introverted people are unlikely to succeed in this task since they tend others to interact with them when someone who approaches others is necessary. Extroverted managers are more likely to conduct projects works smoothly.

HIGH SCHOOL

On Monday, Ajay's mother gave him cookies and milk after he had played quietly for 10 minutes. On Tuesday, she required 20 minutes of quiet play before treat time, and on Wednesday, the cookies were given to him only after a full half hour of quiet play. Ajay was taught to play quietly for extended periods through.

Answers

Answer:

Shaping

Explanation:

Behavioral shaping was first developed and carried out by B.F Skinner. It involves using reward to reinforce desired behavior. The reinforcement is continuously carried out through the use of reward as the person gets closer and closer to the desired behavior. For example the mother of Ajay gradually increased the amount of time Ajay played quietly and she only reinforced with reward as Ajay kept the desire time ( 10 minutes, 20 minutes) She did not reinforce the previous 10 minute but the 20 minutes and only reinforced after the half hour set on Wednesday. After the final desire has been achieved, she will reinforce the final response.

COLLEGE

E-waste is particularly difficult to address because of:

Answers

E-waste is particularly difficult to address because of the complex  modern value chain. E-wastes are wastes that are electrical or are electronic devices. They pose problems since these devices contains chemicals that are toxic and cause harm to the society. They cannot be discarded easily since they could release these chemicals.
HIGH SCHOOL

Calculate the monthly finance charge for the credit card transaction. Assume that it takes 10 days for a payment to be received and recorded, and that the month is 30 days long. (Round your answers to the nearest cent.)

Answers

Complete Question:

Calculate the monthly finance charge for the following credit card transaction. Assume that it takes 10 days for a payment to be received and recorded and that the month is 30 days long. Round your answer to the nearest cent.

3,000 balance, 21% rate, 150 payment, average daily method

Solution:

The particular month in question is 30 days long.

Your balance at the start of the month is 3,000.

Annual interest rate = 21%.

Payment = 150.00.

When the payment is made in the month, it reflects on the tax amount you pay on both the average day balance.

YOU SEND THE PAYMENT IN ON THE FIRST DAY OF THE MONTH.

YOUR ACCOUNT IS CREDITED ON THE 11TH DAY OF THE MONTH.

Average daily balance is 3000 from day 1 until day 10 (10 days)

Average daily balance is 2850 from day 11 until day 30 (20 days)

Average daily balance for the month = 10 * 3000 + 20 * 2850

                                                             = 87000 / 30

                                                             = 2900

Interest charge for the month = 0.21 * 2900 * 30 / 365

Interest charge for the month = 50.05 rounded to the nearest penny

YOU SEND THE PAYMENT IN ON THE TWENTIETH DAY OF THE MONTH.

YOUR ACCOUNT IS CREDITED ON THE 30TH DAY OF THE MONTH.

Average daily balance is 3000 from day 1 until day 29 (29 days)

Average daily balance is 2850 from day 30 until day 30 (1 day)

Average daily balance for the month = 3000 * 29 + 1 * 2850

                                                             = 89850 / 30

                                                             = 2995

Interest charge for the month = 0.21 * 2995 * 30 / 365

Interest charge for the month = 51.69 rounded to the nearest penny

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