What is the difference between C2C and B2C e-commerce?

Answers

Answer 1

Answer:

C2C means consumer to consumer transactions while B2C is a business to consumer transaction and represents a transaction between a business and consumers.

Explanation:

In Business, e-commerce can be defined as a business model which involves the buying and selling of goods or products over the internet.

Generally, e-commerce comprises of four (4) business models and these are;

1. Business to Business (B2B).

2. Business to Consumer (B2C).

3. Business to Government (B2G).

4. Consumer to Consumer (C2C).

The difference between a C2C and a B2C is given below;

C2C is an acronym for consumer to consumer in e-commerce and it is a business model that involves the trading of goods specifically between consumers. This simply means that, in C2C both the buyer and seller is a consumer.

On the other hand, a B2C is a business model which means business to consumer and it is typically a market which involves businesses selling their goods and services directly to the end consumers for their personal use.


Related Questions

Effective teams translate their common purpose into ______ goals. a. universal. b. generic. c. vast. d. specific. e. diverse.

Answers

Answer:

Option “D” Specific.

Explanation:

Option “D” Specific is the correct answer because the specific goal is the success goal and this goal encompasses the actions and plans that exhibit the way to achieve the goal. Moreover, the performance of the actions tells whether the goal will be achieved or not. If teamwork for a common goal then it is the technique to increase chances to achieve success by setting their goals as the specific goals.

The operating cost for a pulverized coal cyclone furnace is expected to be $80,000 per year. The steam produced will be needed for only 6 years beginning now (i.e., years 0 through 5). What is the equivalent annual worth in years 1 through 5 of the operating cost at an interest rate of 10% per year

Answers

Answer:

$101,104

Explanation:

Calculation for the equivalent annual worth

Using this formula

Equivalent annual worth=Operating cost(A/P,i,n)+ Operating cost

Let plug in the formula

Equivalent annual worth=80,000(A/P,10%,5) + 80,000

Using financial calculator (A/P,10%,5) will give us (0.26380)

Hence,

Equivalent annual worth=80,000(0.26380) + 80,000

Equivalent annual worth=$21,104+$80,000

Equivalent annual worth== $101,104

Therefore the Equivalent annual worth will be $101,104

1. Sony has 12 core segments in its business. Is this too many or not enough? Are today’s companies diversified like they used to be a few decades ago? Can Sony’s 12-segment business model be sustainable?

2.The Future Lab Program, which is a part of Sony’s investment in R&D, embraces an approach to technological R&D that emphasizes an open creative environment and direct lines of communication with society, with the end goal being to co-create new lifestyles and customer value. Does Sony create significant customer value? Does Sony create new lifestyles?

Answers

Answer:

1) This question is about whether diversification is good or bad for a large corporation. Whether diversification can be considered good or bad depends on the corporation itself, there is no one answer fits all. In this case, Sony is divided into 12 segments or divisions and each of them generates their own cash flows and offers their own products or services.

High tech companies generally tend to diversify a lot because they need to continuously produce innovative products or improve their existing ones. E.g. Google got so large and diversified that it turned into Alphabet which owns more than 200 companies (most of them through acquisitions). Sony's largest revenue sources are gaming services, financial services and home entertainment.

When we think about Sony we probably think about consumer electronics, the Playstation or even movies, but in order to be profitable, Sony had to expand and diversify. Sony's revenues are shifting from consumer electronics to services (including financial, gaming, network, music and movies), so that means that their diversification model actually worked.

2) Sony's goal with Future Lab is to create customer value and new lifestyles, whether they are able to do so depends on how well they work it out. Future Labs is based on San Francisco, and it should serve as a place where innovative prototypes should be tested by real users. The goal is that Sony can learn from actual real life user experiences in order to improve their products and services. The real life customers and users that want to participate in Sony's program must pay a fee for doing so, but they can also experience prototypes before anyone else.

Erkkila Inc. reports that at an activity level of 7,100 machine-hours in a month, its total variable inspection cost is $424,730 and its total fixed inspection cost is $183,446. What would be the average fixed inspection cost per activity unit at an activity level of 7,400 machine-hours in a month

Answers

Answer:

Average fixed cost per unit= $24.79

Explanation:

Giving the following information:

The total fixed inspection cost is $183,446.

Activity units= 7,400 machine-hours

To calculate the average fixed inspection cost, we have to divide the total fixed inspection cost by the actual number of activity units.

Average fixed cost per unit= 183,446/7,400

Average fixed cost per unit= $24.79

The Cheyenne Hotel in Big Sky, Montana, has accumulated records of the total electrical costs of the hotel and the number of occupancy-days over the last year. An occupancy-day represents a room rented out for one day. The hotel's business is highly seasonal, with peaks occurring during the ski season and in the summer. Month Occupancy- Days Electrical Costs January 3,030 $ 9,044 February 3,080 $ 9,234 March 3,980 $ 11,913 April 1,630 $ 6,194 May 1,270 $ 4,826 June 2,110 $ 8,018 July 650 $ 2,470 August 3,690 $ 11,552 September 1,960 $ 7,448 October 4,410 $ 12,998 November 1,600 $ 6,080 December 2,230 $ 8,474 Required: 1. Using the high-low method, estimate the fixed cost of electricity per month and the variable cost of electricity per occupancy-day. (Do not round your intermediate calculations. Round your Variable cost answer to 2 decimal places and Fixed cost element answer to nearest whole dollar amount) 2. What other factors other than occupancy-days are likely to affect the variation in electrical costs from month to month

Answers

Answer:

1.Occupancy days $3,760

Electrical costs $10,528

Variable cost=2.80

Fixed cost=$650

2. Seasonal factors

Systematic factors

Number of days

Explanation:

1.Calculation using high and low method for both Occupancy days and Electricity cost

Occupancy Electrical

Days Costs

High activity level 4,410 12,998

Low activity level 650 2,470

Change 3,760 10,528

Calculation for Variable cost of electricity per occupancy-day.

Using this formula

Variable cost= Electricity cost/Occupancy days

Let plug in the formula

Variable cost=10,528/3,760

Variable cost=2.80

Calculation for Fixed cost of electricity per month

Fixed cost=2,470-(650*2.80)

Fixed cost=2,470-1,820

Fixed cost=$650

2. Factors that are likely to affect the variation in electrical costs from month to month will include the following:

Seasonal factors

Systematic factors

Number of days

Seasonal factors can either be winter or summer.

Systematic factors include either having guests, To switch off fans as well as lights.

Number of days are days that are present in a month.

GDP is the market value of: Multiple Choice all expenditures on natural resources, labor, and capital goods in an economy in a given year. all expenditures on consumption, investment, and net exports in an economy in a given year. all intermediate goods and services produced in an economy in a given year. all final goods and services produced in an economy in a given year.

Answers

Answer:

The correct answer is the last option: All final goods and services produced in an economy in a given year.

Explanation:

To begin with, the "Gross Domestic Product" or GDP, is known as an macro economic variable which tends to be one of the most important ones that reflects the value market of all the final goods and services that are produced in an economy in a particular amount of time. Moreover, this variable is an important factor to consider when it comes to comparing nations living standards and more. It is quite helpful for the economists to use this variable as a way of knowing how is the economy of the country going and under what subvariable is everything going.

Warrants exercisable at $20 each to obtain 79000 shares of common stock were outstanding during a period when the average market price of the common stock was $25. Application of the treasury stock method for the assumed exercise of these warrants in computing diluted earnings per share will increase the weighted average number of outstanding shares by

Answers

Answer:

$15,800

Explanation:

Calculation to compute diluted earnings per share

Using this formula

Diluted earnings per share=Shares of common stock- (Shares of common stock×Warrants exercisable ÷Average market price of the common stock )

Let plug in the formula

Diluted earnings per share=79,000-(79,000×$20÷$25)

Diluted earnings per share=79,000-$63,200

Diluted earnings per share=$15,800

Therefore $15,800 diluted earnings per share will increase the weighted average number of outstanding shares.

The basic purpose of a performance appraisal system is to ________.

Answers

Answer:

To evaluate the overall performance of an employee.

Explanation:

Given that the Performance Appraisal is a systematic analysis and assessment of both the single employee or the group of employees as a whole

Hence, the basic purpose of a performance appraisal system is to evaluate and assess the overall performances of employee(s), or team, specifically in the area of work responsibilities, assignments, workplace affair, leadership skills, and potentials.

The following balances are from the accounts of Tappan Parts: January 1 (Beginning) December 31 (Ending) Direct materials inventory $ 21,800 $ 24,600 Work-in-process inventory 32,300 29,200 Finished goods inventory 5,500 6,500 Direct materials used during the year amount to $46,000 and the cost of goods sold for the year was $52,700. Required: Prepare a cost of goods sold statement.

Answers

Answer:

Tappan Parts:

Cost of goods sold statement:

Beginning inventory:

Direct materials              $21,800

WIP                                   32,300

Finished goods                 5,500

Total                              $59,600

Purchases of materials 53,400

Available                       $113,000    

less Ending inventory:

Direct materials            $24,600

WIP                                  29,200

Finished goods                 6,500

Total                              $60,300

Cost of goods sold       $52,700

Explanation:

a) Data and Calculations:

                                       January 1 (Beginning)         December 31 (Ending)

Direct materials inventory      $ 21,800                         $ 24,600

Work-in-process inventory       32,300                            29,200

Finished goods inventory          5,500                               6,500

Direct materials used during the year amount to $46,000 and the cost of goods sold for the year was $52,700

b) The missing figure in the above statement is the purchases of raw materials.  This is determined by adding the cost of goods sold to the ending inventory of raw materials, work in process, and finished goods.  This gives the cost of raw materials, WIP, and finished goods available for sale.  Then the beginning inventories of raw materials, WIP, and finished goods are deducted to obtain the amount of purchases of materials made during the period.

Acme LLC has already paid $10,000,000 in Research & Development costs. Unfortunately, times have changed. Since they started R&D, the market for their new product, "the fancy machine," has shrunk. Acme’s accountants have determined that if they were to still produce the fancy machines, the quantity that would produce the highest revenue would be is 1,000,000 fancy machines. Each machine costs $4 to make and would be sold for $12. What should Acme do?

Answers

Answer:

he best course of action for Acme to take would be to produce the 1,000,000 products as the accountants have stated

Explanation:

Based on the information provided, the best course of action for Acme to take would be to produce the 1,000,000 products as the accountants have stated. From solely taking into account the fixed costs of producing the products, if the company were to produce the desired amount and sell them they would recover a total of 8,000,000 from the costs that they have incurred in Research & Development. This is not taking into account the variable costs that may be incurred, still, they recover much of what they have already spent.

Consider a newly issued TIPS bond with a 3-year maturity, par value of $1,000, and coupon rate of 4.00%. Assume annual coupon payments.
Time Inflation in
Year Just Ended Par Value Coupon Payment + Principal Repayment = Total Payment
0 $ 1,000.00
1 2.0% $ 1,020.00 $ 40.80 0 $ 40.80
2 1.0 % $ 1,030.20 $ 41.21 0 $ 41.21
3 3.0 % $ 1,061.11 $ 42.44 $ 1,061.11 $ 1,103.55
What is the nominal rate of return on the TIPS bond in the first year?
a. 3.00%
b. 4.08%
c. 6.08%
d. 6.00%

Answers

Answer: c. 6.08%

Explanation:

The return for the first year is given as;

= Coupon payment / Par Value

= 40.80/ 1,000

= 4.08%

TIPS are inflation protected securities so this return is the real return. Nominal return is;

= Real return + inflation

= 4.08% + 2.0%

= 6.08%

Which of these are considered rewards of practicing management? Building a catalog of successful products or services Becoming a mentor and helping others Experiencing decreased discretion over the work that you do Experiencing a feeling of accomplishment along with your employees Magnifying your range and stretching your abilities

Answers

Answer:

The rewards of practicing management include:

a. Building a catalog of successful products or services

b. Becoming a mentor and helping others

c. Experiencing a feeling of accomplishment along with your employees

d. Magnifying your range and stretching your abilities

Explanation:

When management is truly practiced, the rewards are usually great.  The rewards cannot be quantified by what one person has accomplished, because it has some multiplier effects.  Organizational efficiency is also improved.  For those in management, they will gain much experience which they can easily pass to others through mentoring and coaching.  With their employees, they will also feel a sense of having accomplished something meaningful.  Management also gives one the ability to go beyond one's natural range, stretching the person's abilities, and enabling her to attain better outcomes than initially imagined.

Define communism. What is the difference between communism and a command economy?

Answers

Answer:

In a true communist economy, the community makes decisions. In most communist countries, the government makes those decisions on their behalf. This system is called a command economy.

You are considering investing in a security that matures in 10 years with a par value of $1,000. During the first five years, the security has an 8 percent coupon with quarterly payments (i.e., you receive $20 a quarter for the first 20 quarters). During the remaining five years the security has a 10 percent coupon with quarterly payments (i.e., you receive $25 a quarter for the second 20 quarters). After 10 years (40 quarters) you receive the par value. Another 10-year bond has an 8 percent semiannual coupon (i.e., the coupon payment is $40 every six months). This bond is selling at its par value, $1,000. This bond has the same risk as the security you are thinking of purchasing. Given this information, what should be the price of the security you are considering purchasing

Answers

Answer:

$1,060.75

Explanation:

the yield to maturity of the second bond is to 4% semiannual or 8.16% effective annual rate.

so we have to calculate the quarterly interest rate that yields an effective annual rate of 8.16%:

0.0816 = (1 + i)⁴ - 1

1.0816 = (1 + i)⁴

⁴√1.0816 = ⁴√(1 + i)⁴

1.0198 = 1 + i

i = 0.019804 = 1.9804%

now we must discount the first bond using that effective interest rate:

PV of face value = $1,000 / (1 + 4%)²⁰ = $456.39

PV of first 20 coupon payments = $20 x 16.38304 (PV annuity factor, 1.9804%, 20 periods) = $327.66

now we must find the value of the last 20 coupon payments but at the end of year 5 = $25 x 16.38304 = $409.58. Then we calculate the PV = $409.58 / (1 + 4%)¹⁰ = $276.70

the bond's current market value = $456.39 + $327.66 + $276.70 = $1,060.75

In Pro-self or egoistic orientation: primary concern is not with personal outcomes.A. TrueB. False

Answers

Answer:

B, False

Explanation:

In terms of philosophy, the egoistic refer to a theory in which one should be in a motivation and the objective of its own actions. There is a difference between the egoism and egotism. Egotism refer to an over and above valuation of own importance or own activities

Here it deals with the main concern that what one can demand for and it is towards for the self alone that is not relevant to make uncomfortable for others

Therefore the given statement is false

Individuals performing in professional jobs are compensated initially for their ________.
a) productivity.b) goal achievement.c) knowledge.d) extensive experience.

Answers

Answer:

A

Explanation:

After these closing entries what will be the balance in the retained earnings account? Total Revenues $ 125,000 Total Expenses 60,000 Retained Earnings (beginning) 130,000 Dividends 15,000

Answers

Answer:

$10,000

Explanation:

Given the data above,

The following information was drawn from Gore, Inc.’s statement of cash flows. (1) $2,000 net cash outflow from investing activities. (2) $3,000 net cash inflow from financing activities. (3) $6,000 net increase in the cash balance.Based on this information, the amount of cash flow from operating activities appearing on the statement of cash flows must be a

Answers

Answer:

$5,000 net cash inflow

Explanation:

The computation of the cash flow from operating activities is shown below:

As we know that

Increase in cash = Cash flow from operating activities + cash flow from investing activities + cash flow from financing activities

$6,000 = Cash flow from operating activities - $2,000 + $3,000

So, the cash flow from operating activities is

= $6,000 - $1,000

= $5,000 net cash inflow

When the market rate is 8%, a company issues $50,000 of 9%, 10-year bonds dated January 1, 2017, that mature on December 31, 2026, and pay interest semiannually for a selling price of $60,000. When the bonds mature, the issuer records its payment of principal with a (debit/credit)

Answers

Answer:

Bonds payable Dr $50,000

To cash Cr $50,000

Explanation:

Debit to bonds payable in the amount of $50,000.  Upon maturity, bonds payable will be debited by their face value of $50,000.

The premium received on bonds will be written off in phased manner over the life of the bonds.  i.e $60,000 -50,000 = $10,000,

The Journal entry will be:

Date    Account Title              Debit         Credit

            Bonds payable       $50,000

                  Cash                                       $50,000

Late in the current year, Jolsen Company signed a four-year contract with an advertising agency. Under the contract, Jolsen must pay $375,000 annually for the agency's services. After Jolsen signed the contract, Congress enacted legislation disallowing any deduction for advertising expense for future tax years. Jolsen underestimated the after-tax cost of the contract because of:

Answers

Answer:

Tax law uncertainty.

Explanation:

The “Tax law uncertainty” is the correct answer because it can be seen in the question that Congress has disallowed the deductions for advertisement in the future tax years. Since the decisions that the government takes are confidential and only a few people are aware of the decisions before its formal announcement. So the same case is here, Jolsen had a contract of $375000 annually and it will estimate that after obtaining the tax deduction, the advertisement cost will be lower. But the changes in the tax laws result in underestimated after-tax cost by Jolsen.

Companies usually buy (Click to select) assets. These include both tangible assets such as (Click to select) and intangible assets such as (Click to select) . To pay for these assets, they sell (Click to select) assets such as (Click to select) . The decision about which assets to buy is usually termed the (Click to select) or (Click to select) decision. The decision about how to raise the money is usually termed the (Click to select) decision.

Answers

Answer:

Now fit each of following terms into the most appropriate space: Financing, real, bonds, investment, executive airplanes, financial, capital budgeting, brand names.

Companies usually buy real assets. These include both tangible assets such as executive airplanes and intangible assets such as brand names. To pay for these assets, they sell financial assets such as bonds . The decision about which assets to buy is usually termed the investment or capital budgeting decision. The decision about how to raise the money is usually termed the financing decision.

A machine purchased on 1/1/21 for $24,000 and on which $14,400 of Accumulated Depreciation has been recorded through 12/31/23 was sold on 4/1/24. Straight-line depreciation was used. Salvage Value was zero. Asset life was 5 years. If the machine was sold for $16,000 cash, the journal entry to record this event would include a gain of:

Answers

Answer:

Gain on disposal = $7600

Explanation:

As the machine is sold on 1 April 2024, we first need to update the depreciation expense and charge the depreciation to the date. The depreciation has been charged till 1 December 2023. So, we need to charge the depreciation for three more months.

The formula for depreciation expense under straight line method is,

Depreciation expense per year = (Cost - Salvage value) / Estimated useful life

Depreciation expense per year = (24000 - 0) / 5

Depreciation expense per year =  $4800 per year

Depreciation expense for three months = 4800 * 3/12 = $1200

Accumulated depreciation 1 April 2024 = 14400 + 1200  =  $15600

To calculate the gain or loss on disposal, we first need to determine the net book value of asset and deduct it from the cash received on disposal.

NBV = Cost - Accumulated depreciation

NBV = 24000 - 15600

NBV = $8400

Gain on disposal = 16000 - 8400

Gain on disposal = $7600

The market value of the equity of Hudgins, Inc., is $594,000. The balance sheet shows $33,000 in cash and $204,000 in debt, while the income statement has EBIT of $105,000 and a total of $149,000 in depreciation and amortization. What is the enterprise value-EBITDA multiple for this company

Answers

Answer:

3.01 times

Explanation:

Calculation for the enterprise value-EBITDA multiple for this company

First step is to calculate for the enterprise value using this formula

Enterprise value = Market capitalization + Debt−Cash

Let plug in the formula

Enterprise value = $594,000 + 204,000−33,000

Enterprise value = $765,000

Second step is find the EBITDA using this formula

EBITDA = EBIT + Depreciation and Amortization

Let plug in the formula

EBITDA = $105,000 + 149,000

EBITDA = $244,000

Third step is to calculate for the enterprise value-EBITDA multiple using this formula

Enterprise value-EBITDA multiple = Enterprise value /EBITDA

Let plug in the formula

Enterprise value-EBITDA multiple=$765,000 / $254,000

Enterprise value-EBITDA multiple = 3.01 times

Therefore the enterprise value-EBITDA multiple for this company will be 3.01 times

You are the manager of a firm that receives revenues of $50,000 per year from product X and $90,000 per year from product Y. The own price elasticity of demand for product X is -3, and the cross-price elasticity of demand between product Y and X is 1.6. How much will your firm's total revenues (revenues from both products) change if you increase the price of good X by 2 percent

Answers

Answer:

$-120

Explanation:

Own Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

Price elasticity of demand = percentage change in quantity demanded / percentage change in price

-3 = percentage change in quantity demanded / 2%

percentage change in quantity demanded = --3 x 2% = -6%

The quantity demanded of good X would fall by 6%

Revenue would change by -0.06 x  $50,000 = -$3000

Cross price elasticity of demand measures the responsiveness of quantity demanded of good Y to changes in price of good X.

1.6 = percentage change in quantity demanded of good Y / 2%

percentage change in quantity demanded of good Y = 1.6 x 2% = 3.2%

The quantity demanded of good Y would increase by 3.2%

Revenue would change by 0.032 x $90,000 = $2880

Total change = -$3000 + $2880 =-$120

Henrique​ Correa's bakery prepares all its cakes between 4 A.M.and 6 A.M.so they will be fresh when customers arrive.​ Day-old cakes are virtually always​ sold, but at a​ 50% discount off the regular ​$ price. The cost of baking a cake is ​$​, and demand is estimated to be normally​ distributed, with a mean of and a standard deviation of . What is the optimal stocking​ level? Refer to the standard normal tableLOADING... for​ z-values. The optimal stocking level for the bakery is nothing cakes ​(round your response to the nearest whole​ number).

Answers

Answer:

27

Explanation:

The computation of the optimal stocking level for the bakery is shown below:

Given that

Cost = c = $7

Selling price =  p = $ 10

salvage value =  s = $ 5

Mean = 25

Standard deviation = [tex]\sigma[/tex]= 8

Now based on the above information

underage cost = Cu  = p-c = $10 - $7 = $3

And,

overage cost = Co = c-s = $7 - $5 = $2

So,

[tex]\frac{P\leq C_{u}}{(C_{u}+C_{o})}\\\\\frac{P\leq3}{(3+2)}[/tex]

= 0.6

Now use normsinv() function in excel

So,

The Z value for the probability 0.6 is 0.2533

Now finally

The optimal stocking level is

[tex]=\mu +z\sigma[/tex]

= 25 + 0.2533 × 8

= 27.02

= 27

The following data pertains to Traverse Co.’s investments in marketable debt securities: Market value Cost 12/31/24 12/31/25 Trading $150,000 $155,000 $145,000 Available-for-sale 150,000 130,000 110,000 What amount should Traverse Co. report as unrealized holding loss to be included in 2025 Net Income?

Answers

Answer and Explanation:

The computation of the amount reports as unrealized holding loss is shown below:

The marketable securities should be reflected by considering the lower value of market value or cost therefore the trading cost would be decreased by $10,000 i.e.

= $155,000 - $145,000

= $10,000

While the available to sale value is also fall but does not reflected in the income statement it could be shown in the other comprehensive income

Computerland is a small country which produces three goods: desktops, laptops, and tablets. The prices and quantities for three consecutive years are as follows. 2012 2013 2014 Price Quantity Price Quantity Price Quantity Desktops 10 20 10 18 12 24 Laptops 10 50 9 40 12 60 Tablets 5 50 5 45 8 55 Suppose 2013 is the base year. What is the percentage growth of real GDP from 2013 to 2014

Answers

Answer:

37.9%

Explanation:

Please find attached a clear image of the table used in answering this question

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year.

Real GDP is GDP calculated using base year prices. Real GDP has been adjusted for inflation.

Real GDP in 2013 =  (10 X 18) + (9 x 40) + (5 x 45) = 180 + 360 + 225 = 765

Real GDP in 2014 = (10 X 24) + (9 x 60) + (5 x 55) = 240 + 540 + 275 =1055

Percentage growth rate in real GDP = (1055 / 765 ) - 1 = 0.379 = 37.9%

Goods that are still in the production process would be in which account?
A. Raw Materials Inventory.
B. Work in Process Inventory.
C. Finished Goods Inventory.
D. Cost of Goods Sold.

Answers

Answer:

b

Explanation:

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Last year, Jackson borrowed $20,000 to buy a preowned boat. He repaid the principal of the loan plus $2750 interest after only 1 year. This year, his brother Henri borrowed $15,000 to buy a car and expects to pay it off in only 1 year plus interest of $2295. The rate that each brother paid for his loan is ___ %

Answers

Answer:

Jackson 13.75%

Henri 15.3%

Explanation:

Interest = principal x rate x year

Jackson

$2750  = $20,000 x rate x 1

divide both sides by $20,000

rate = 0.1375 = 13.75%

Henri

$2295 = $15,000 x rate x 1

divide both sides by $15,000

Rate = 0.153 = 15.3%

Match the below sentences to describes a relationship between two variables that has been interpreted incorrectly. a. People become tired when they wear athletic clothes. b. People who visit the dentist are more likely to get a cavity. c. Drinking a lot of water leads to sunburn. d. Cars that mechanics work on regularly are more likely to break down. 1. Omitted variable+ 2. Reverse causation+

Answers

Answer:

a. People become tired when they wear athletic clothes - No relationship

b. People who visit dentist are likely to get cavity - Reverse causation

c. Drinking lot of water causes sunburn - No relationship

d. Cars that mechanics work on are more likely to break down - Reverse causation

Note: The No relationship represents Omited Variable.

Other Questions
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