Sharon,a Marketing Major,has Her First Economics Test and Her First

question 74

Multiple Choice

Sharon,a marketing major,has her first economics test and her first finance test to take tomorrow and she has four hours tonight to allocate to studying the two subjects.The data below show her scores on the two tests based on the time spent studying.(Hint: Studying economics for 0 hours means studying finance for 4 hours. )

-Spending 3 hours on economics and 1 hour on finance would be __________ because __________.

• A) the best use of resources;the economics score is higher.
• B) not the best use of resources;the improvement in economics is 3 points but the decline in finances is 7 points
• C) the best use of resources;the finance score is still passing.
• D) not the best use of resources;the economics score exceeds the finance score.
• E) the best use of resources;she really understands economics.

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Definitions:

Initial Investment

Initial investment refers to the capital amount spent to start a business venture, project, or purchase an asset.

Intangible Benefit

A non-quantifiable advantage or positive outcome derived from a product or service, such as brand recognition or customer loyalty.

Discount Rate

This is the discount rate used to figure out what future cash flows are worth in the present in discounted cash flow analysis.

Small Used Aircraft

A previously owned aircraft that is smaller in size, often used for personal, business, or small commercial purposes.