1. Use the supply schedule below to graph the supply curve of vintage concert t-shirts. Label the curve S1.
2. Use the supply schedule of vintage concert t-shirts below to graph a second supply curve on the graph. Label the curve S2.
3. Does the graph indicate an increase or decrease in supply?
4. Describe a reason that could have been a reason for this shift in supply.
5. Why does the Qs of a product go down when price goes down?
Answers
Related Questions
Question 6 of 10
A risk response plan lists your risks, including identified risk causes, description, and
Select an answer:
potential impacts
why the risk can't be avoided
your sponsor's assignee to handle risk
issue register
Answers
A risk response plan lists your risks, including identified risk causes, descriptions, and Option A. potential impacts.
The Risk Response Planning is a process that recognizes potential risks, assesses them, and establishes management plans to reduce or prevent them. Risk response plans should describe the expected outcome of each response action, any significant input from stakeholders, and the time and resources required to carry out the response. A risk response plan typically includes the following sections:
Risk Management Plan Preparation - This section provides guidance for preparing the risk management plan's remainder. It describes the recommended contents of the risk management plan and the recommended process for preparing it.
Risk Identification - This section identifies risk sources that might cause a negative outcome for the project. It also provides a risk identification checklist that the project team can utilize as a starting point for identifying risks.
Risk Analysis - This section analyzes each identified risk's potential impact on project success by estimating the probability of occurrence and the potential effect on the project's objectives.
Risk Response Development - This section outlines the strategies and actions for managing risks. It includes contingency plans for high-priority risks and an implementation plan for all other risks.
Risk Response Control - This section describes how to evaluate the effectiveness of the risk response strategy, establish contingency plans, and implement corrective action as needed.
Risk response plans should be developed in collaboration with stakeholders to ensure that the project's risks are addressed appropriately. In addition, they should be reviewed regularly and updated as necessary throughout the project. The most important part of any risk response plan is the risk response strategy, which describes the specific actions to be taken in response to each identified risk. Therefore, the correct option is A.
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Question 6 of 10
A risk response plan lists your risks, including identified risk causes, descriptions, and
Select an answer:
A. potential impacts
B. why the risk can't be avoided
C. your sponsor's assignee to handle risk
D. issue register
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Calculate the present values P of an annuity in which $10,000 is to be paid out annually for a period of 25 years, assuming an interest rate of 0.03. Round to the nearest dollar.
Answers
The present value of the annuity, which is the present worth of a series of equal payments, can be calculated by discounting each payment to its present worth. Annuity is $5,164.
To calculate the present value of an annuity, we use the formula:
\(PV = A / (1 + r)^t\)
where:
A = $10,000 (annual payment)
r = 0.03 (interest rate)
t = 25 (number of years)
Plugging in the values:
\(PV = $10,000 / (1 + 0.03)^25PV = $10,000 / 1.03^25PV = $10,000 / 1.945623065PV = $5,164.48\)
Rounding to the nearest dollar:
PV = $5,164
So, the present value of the annuity is $5,164.
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Calculate the present values P of an annuity in which $10,000 is to be paid out annually for a period of 25 years, assuming an interest rate of 0.03. Round to the nearest dollar?
The driving force behind Best Buy's Jill store initiative is to create positive
Answers
The driving force behind Best Buy's Jill store initiative is to create a positive return on investment. This is further explained below.
What is the return on investment.?Generally, To gauge the likelihood of profiting from an investment, financiers often use the return on investment (ROI) indicator.
In conclusion, Best Buy's Jill shop effort is motivated by the need to generate a profit.
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How is the Sole Trading business financed?
Answers
Answer:
Sources of Finance for a Sole Trader
The sole trader can invest his own savings into his business for expansion. Retained Profit. A profitable business generates a positive net income every year. Sale of Assets.
Type the correct answer in the box. Spell all words correctly.
How is it possible to understand the flow of data in an organization?
Conducting (blank)
with each team member makes it possible to understand the flow of data in an organization.
Answers
Answer:
A data flow diagram shows the way information flows through a process or system. It includes data inputs and outputs, data stores, and the various subprocesses the data moves through. DFDs are built using standardized symbols and notation to describe various entities and their relationships.
Explanation:
Wally's Walleyes wants to introduce a new product that has a start-up cost of $7,800. The product has a 2-year life and will provide cash flows of $4,500 in Year 1 and $4,300 in Year 2. The required rate of return is 15 percent. Should the product be introduced? Why or why not?
Answers
The calculated NPV is negative, indicating that the present value of expected cash flows does not exceed the start-up cost of the project. In other words, the project is expected to generate a net loss.
To determine whether Wally's Walleyes should introduce the new product, we can calculate the net present value (NPV) of the project. The NPV measures the present value of expected cash flows, taking into account the required rate of return.
To calculate the NPV, we need to discount the cash flows using the required rate of return (15 percent). The formula for calculating NPV is:
NPV = Cash Flow Year 1 / (1 + Required Rate of Return)^1 + Cash Flow Year 2 / (1 + Required Rate of Return)^2 - Start-up Cost
\(NPV = $4,500 / (1 + 0.15)^1 + $4,300 / (1 + 0.15)^2 - $7,800\)
\(NPV = $4,500 / 1.15 + $4,300 / (1.15)^2 - $7,800\)
NPV = $3,913.04 + $3,537.41 - $7,800
NPV = -$350.55
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Chango the following sentences using
used to:
& How did you spend the winter
evenings?
b. I was in love with her.
c. They came out in those days,.
Answers
Answer:
a. How did you use to spend the winter evenings?
b. I used to be in love with her.
c. They used to come out in those days.
Explanation:
"Used to" is being used in a sentence when you're stating a habit or condition that happened in the past; so this means that it is not happening anymore at the moment.
When using "used to" in questions, make sure to use the verb's base form. Thus, you have to say "How did you use to spend..." rather than "How did you used to spend..."
Another example: "Did you use to dance in school?"
On the other hand, when using "used to" in a sentence (other than the interrogative), you have to use "used to." Just like the answers for b & c.
Which of the following is an example of a middle manager?
Teller at a bank
O Director of marketing
O Chief executive officer
O Salesperson in a retail store
Answers
Answer:
Director of marketing
Explanation:
I just got it right in a test
The Director of marketing is an example of a middle manager. Thus, option B is correct.
Who is a manager?A manager is a person who maintains the flow of the business, he is responsible for the smooth running of the business and coordinating between various departments. A manager tends to be the person who is delegating and is responsible for coordinating.
According to the hierarchical positions of the company, there are various positions that need to be filled like workers, staff, managers, executive managers, head of an office, CEO, etc.
From the given options, the middle manager will be the director of marketing the teller of the bank comes at a lower level, the chief executive officer will be at the top most level, and a salesperson will be at the lower middle level. Therefore, option B is the correct option.
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Please help me solve
Answers
There are for statements in the question out of which one is untrue. The statement that expenses increase stockholder's equity is not true, a. Expenses increase stockholder's equity.
What is Expenses?Expenses are the cash outflow that a company or an individual faces, this can be paid on a later date but is usually recorded on accrual basis. Expenses are paid by companies out of the revenue that is earned by them through sales. Expenses are generally related to sales in a way that these were the cash outflows that were caused to gain the inflow that is sales/revenue.
Expenses are the outflow of cash and an increase in expenses can never cause stockholder's equity therefore the statement is not true.
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When searching for information on a potential employer, you should look in the following places: Responses Occupational Outlook Handbook Occupational Outlook Handbook local library local library company’s Web site company’s Web site Chamber of Commerce Chamber of Commerce
Answers
When conducting research on a potential employer, there are several places where you can look for information. One of the first places to start is the company's official website, as it will provide you with information on the company's history, products or services, mission, and values.
You can also check out their social media presence to see how they engage with their customers, partners, and employees.
Another useful resource is the Occupational Outlook Handbook, which can provide you with information on job descriptions, salary expectations, and job outlooks for various occupations. Additionally, you can visit your local library to access business directories, industry reports, and other relevant publications. You may also consider reaching out to your local Chamber of Commerce to gather information on the company's community involvement, reputation, and overall performance. You can also search for reviews and ratings on job search websites such as Glassdoor, Indeed, and LinkedIn. By gathering information from these sources, you can gain a better understanding of the company's culture, values, and goals, and determine whether it is a good fit for your career aspirations.
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Intel recently approached many customers and individuals chosen at random to participate in making its ads. People were asked to sing the Intel jingle in their own unique style. Those interested could also create their ads personally and post them on the Intel website, some of which were also aired on television. In this scenario, Intel used:
Answers
In this scenario, Intel used user-generated advertising as it chose customers to participate in making its ads.
User-generated content (UGC) is a term used in marketing to describe information produced by someone who isn't your company's official spokesperson. It might be a podcast, video, update on social media, etc. User-generated content is that which features your brand but was produced by third parties other than your employees or affiliates.
Any text, image, or video produced by real customers rather than by a brand is considered user-generated content. Even without interaction from the brand directly, UGC can take many different forms, from product reviews on your website to posts on social networking networks.
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Two key aspects of financial planning are cash planning and profit planning. Cash planning involves the preparation of the cash budget and profit planning involves preparation of pro forma statements. To make cash budget and pro forma statements for a firm, accounting knowledge is needed. Do accounting courses you took before help you better understand how to make cash budget and pro forma income statement and balance sheet? Explain.
Answers
Yes. Accounting courses I took before helps us understand how to make cash budget and pro forma income statement and balance sheet.
Here's how accounting courses can help individuals in creating cash budgets, pro forma income statements, and balance sheets:
Cash Budget: Accounting courses teach students about the importance of cash flow management and how to prepare a cash budget. Pro Forma Income Statement: Accounting courses teach students how to analyze historical financial data and use it to forecast future performance. Balance Sheet: Accounting courses provide a comprehensive understanding of balance sheets and their components. Students learn how to analyze assets, liabilities, and shareholders' equity to assess the financial position of a company.By studying accounting, individuals gain a solid foundation in financial concepts, reporting standards, and analytical techniques. This knowledge equips them with the skills necessary to create cash budgets, pro forma income statements, and balance sheets effectively.
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What are the disadvantages of indirect distribution network
Answers
The disadvantages of indirect distribution network is that more time and resources are used.
What is Indirect distribution network?This involves selling wholesale products to retailers so as to ensure the goods are distributed to the public.
This puts distance between the individual and customers which is why more time and resources are deployed so as to ensure it gets to its final destination.
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Which type of loan is also known as a cash advance loan or a deferred deposit loan?
Answers
Explanation:
A payday loan is a short-term loan, generally for $500 or less, that is typically due on your next payday.
They are also known as cash advance loans, post-dated check loans, check advance loans or deferred deposit loans.
Application of Forensic Accounting Concepts
Complete Case 21 & 28. Refer to the Case in the textbook for detailed instructions.
Submission Instructions:
Complete and submit the assignment by 11:59 PM ET Sunday.
You should submit your completed work in a Word document or Excel spreadsheet if needed.
Your work should be formatted and cited in current APA style with appropriate references.
Late submissions will have a grade of 0.
Your assignment will be graded according to the case rubric.
Answers
Forensic accounting is a distinct subdivision of accounting that brings together investigative practices with established accounting principles to provide an accurate assessment of financial data.
What is Forensic accounting?The primary objective of forensic accounting is to discover any financial fraud or discrepancies. Professionals in this domain are trained to take advantage of their analytical capabilities to identify financial deception and embezzlement, probe financial disputes, and submit expert tales during court trials.
Forensic accounting can be applied in multiple contexts, counting civil and criminal litigations, corporate examinations, and regulatory probes.
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An insurance company's AML policy typically applies to all of the following EXCEPT
Answers
Note that an insurance company's AML policy typically applies to all of the following EXCEPT: "company officers." (Option D)
Why is AML Policy Important?An Anti-Money Laundering (AML) policy is important because it helps to prevent and detect money laundering activities.
Money laundering is the process of disguising illegal or illicit funds as legitimate funds, and it can have serious consequences for individuals, organizations, and society as a whole. An AML policy helps to ensure that an insurance company is in compliance with applicable laws and regulations, and helps to protect against financial crime, including terrorism financing and other illegal activities.
An effective AML policy should include a set of procedures, protocols, and controls to detect and report suspicious activity, and should be regularly reviewed and updated to ensure that it remains relevant and effective in addressing the changing risks associated with money laundering.
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Full Question:
An insurance company's AML policy typically applies to all of the following EXCEPT:
o accompany shareholders o
b. company employees
c. producers appointed by the company
O d. company officers
Customers might sometimes describe contradictory needs
Answers
Customers might sometimes describe contradictory needs which means Option C. Customers sometimes describe needs that oppose each other.
When customers require two different things that cannot be addressed by the same product, it is referred to as a conflicting requirement. There are many reasons why customers may have conflicting needs. Some customers might have a requirement for a product to be both inexpensive and of high quality, for example. Others may desire a product that is both small and powerful. Customers may sometimes find it difficult to articulate what they want, which might result in vague descriptions.
This might make it more difficult for the supplier to provide a solution that satisfies the customer’s needs. Customer service staff must be trained to engage with customers and listen actively to their concerns. They must also be able to identify when there is a contradictory requirement and provide solutions that address the customer's needs in a way that satisfies the customer's expectations while also meeting the supplier's operational needs. Understanding customer needs is an important part of the customer service profession, and it may take some time and effort to develop the necessary skills.
Some customers are very detailed in describing their needs, which can be beneficial for suppliers because it allows them to provide an appropriate solution for the customer. Overall, being aware of conflicting customer requirements is essential in the customer service sector to provide an effective solution. Therefore, the correct option is C.
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Customers might sometimes describe contradictory needs.
A. A customer's needs can sometimes be confusing.
B. Customers might sometimes give vague descriptions.
C. Customers sometimes describe needs that oppose each other.
D. Some customers are extremely thorough in describing their needs.
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Marketers should listen to understand, not to decide if someone or the information their communication dance partner is conveying is right or wrong. T or F
Answers
Instead of judging whether someone or the information their communication dance partner is communicating is correct or incorrect, marketers should listen to comprehend. True
Information exchange is the traditional definition of communication. It is also possible to use the phrase to refer to the transmission's message or the area of research that it is the subject of. Its precise definition is a contentious topic. According to John Peters, the challenge in defining communication stems from the fact that it is both a common occurrence and a distinct academic area with institutional support. Limiting the range of actions that are included under the term of communication is one definitional method. According to this rationale, communication can be defined as the process by which individuals or groups produce meaning that is mutually acceptable through the use of signs, symbols, and semiotic conventions.
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Instead of judging whether someone or the information their communication dance partner is communicating is correct or incorrect, marketers should listen to comprehend. True
Information exchange is the traditional definition of communication. It is also possible to use the phrase to refer to the transmission's message or the area of research that it is the subject of. Its precise definition is a contentious topic. According to John Peters, the challenge in defining communication stems from the fact that it is both a common occurrence and a distinct academic area with institutional support. Limiting the range of actions that are included under the term of communication is one definitional method. According to this rationale, communication can be defined as the process by which individuals or groups produce meaning that is mutually acceptable through the use of signs, symbols, and semiotic conventions.
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1) Tesla needs to order custom processor chipsfior their cars. The annual demand is
50,000. It cost $5000 to place an order. The chips must be stored in an environmentally friendly location and cost $50 per chip to store annually. The factory is open 360 days a
year. What is the optimal order quantity? What is the number of workdays in an order cycle?
2) The Lancaster Tesla dealer is open to the public for customers to come to the store and test drive a car. On any given Saturday customer arrive at a rate of 5 customer per hour. It takes 1 employee about 30 minutes to complete the test drive with a customer. Some customers take shorter, some take longer. There is expected to be a wait, but what is the average number of customers waiting for service? This will allow Tesla to build the correct size waiting room. Also how long do customers wait in line. This will allow Tesla to plan alternative activities that can take place during the wait. As a manager, what would you recommend Tesla do about the current system in order to improve customer service?
Answers
Tesla needs to identify the optimal order size for its product processor chipsfior, the correct order size can be determined by Economic order quantity.
EOQ = \(\sqrt{\frac{2*D*S}{H} }\)
EOQ = 3162.28
Economic order quantity is the optimal quantity which is to be order in the business. This is inventory management technique.
The number of work days in order cycle are 50,000 / 3162 = 15.8
Tesla should extend its waiting room and allow more customers to wait in the room for they customer service issues. There can be feedback on the service provided so that there can be improvement.
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What is the purpose of tax incentives?
Answers
Answer:
Tax incentives are exceptions, credits, deductions, or exclusions that lower a business's tax obligation to the state or federal government in exchange for taking specific actions (e.g., reducing its environmental footprint, increasing health benefits for employees, supporting minorities, etc.).
Explanation:
Paying off your debts will most likely____ your credit score.
A. decrease
B. increase
C. ruin
D. not impact
Answers
Explanation: When you are on time with paying your bills, your credit score rises by paying off debts, taxes, car payments, house taxes and etc.
Answer:
increase
Explanation:
Tom was CEO of a company. He stole money from the company by writing a series of checks made out to “Cash” which he deposited in his own personal account at Bank. (Please do not try this at home.) Of course, he then spent the money. The company sued the Bank to get the money back.
Was the Bank a holder in due course?
Answers
In the given case, bank is not consider as holder in due course because here it will act as intermediary who collected amount from company's account.
What is holder in due course?A holder in due course refers to an individual who have the authority to hold the negotiable instrument in good faith.
This holder in due course will be referred to as the person who have received or given something in exchange for the instrument.
When any individual receives a gift from someone, then it will not be considered as holder in due course because he had not given any value in exchange.
So yes, in this situation when the CEO stole money from the company by writing a series of checks and withdrawing it in a personal account at the bank. Bank will be not be considered as holder in due course due to intermediary role.
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How are payday lenders different from a bank or credit union?
A. Payday lenders usually offer loans at a much lower rate than
banks and credit unions.
B. Payday lenders usually don't require collateral, unlike banks and
credit unions.
C. Payday lenders often offer loans to people who are unable to get a
loan from a bank or credit union.
D. Payday lenders often offer loans for a longer term than banks or
credit unions.
Answers
The difference between payday lenders and a bank or credit union is B. Payday lenders usually don't require collateral, unlike banks and credit unions.
What is payday lending?Payday lending is a type of short-term borrowing where a borrower receives a high-interest credit based on personal income.
The characteristics of payday lending include:
Small-term loansSmall amounts of money are involvedAvailable at short noticeInterest rates are high.Thus, the difference between payday lenders and a bank or credit union is B. Payday lenders usually don't require collateral, unlike banks and credit unions.
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Answer: the answer is C (PAYDAY LENDERS OFTEN OFFER LOANS TO PEOPLE WHO ARE UNABLE TO GET A LOAN FROM A BANK OR CREDIT UNION!!!)
Explanation: I just took the test!
At the midpoint of the current year, a $88,000 check is given for land, and the buyer assumes the liability for unpaid taxes in arrears of $2,200 at the end of last year and those assessed for the current year of $1,980.
Determine the cost used for recording the land acquired.
Answers
Answer:
$91,190
Explanation:
The cost used for recording the land acquired is shown below;
Cash = $88,000
Add: Property taxes for last year = $2,200
Add: Property taxes current year ($1,980 × 1/2) = $990
Therefore, the total cost of land will be
= $88,000 + $2,200 + $990
= $91,190
Pls help i will give branlyist
Your presentation should include the following for each career: The name of the career Some information you learned from the US Bureau of Labor Statistics page or video Some information you learned from your own research Education a person needs to get this type of job Skills a person needs to get this type of job How people in this job use technology
Answers
Begin describing your professional history through list each of your preceding roles in chronological order starting with the most current.
In brief, describe the scope of your responsibilities, and highlight how you have got contributed to the organization's success.
Good resources of professional records consist of school career workplaces, government agencies, and professional counselors. in addition, libraries and diverse websites can also provide facts for those who are interested in studying extra about unique jobs and careers.
Perhaps the primary factor you want to do is intentionally expand capabilities—both important gentle competencies and particular technical abilities—to be able to serve you in the future. And are trying to find out approaches to usually build competencies in the course of your profession.
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Dixie Candle Supply makes candles. The sales mix (as a percentage of total dollar sales) of its three product lines is birthday candles 30%, standard tapered candles 50%, and large scented candles 20%. The contribution margin ratio of each candle type is shown below.
Answers
Answer:
Information is missing, so I looked for a similar question:
Candle Type
Contribution Margin Ratio
Birthday 20%
Standard tapered 30%
Large scented 45%
the weighted average contribution margin ratio = (0.30 x 20%) + (0.50 x 30%) + (0.20 x 45%) = 30%
if the fixed costs = $450,000, its break even point in dollars = $450,000 / 30% = $1,500,000
Birthday $450,000 Standard tapered $750,000 Large scented $300,000Answer: weighted average contribution margin ratio=0.30
Explanation:
Candle Type
Contribution Margin Ratio
Birthday 20%
Standard tapered 30%
Large scented 45%
the weighted average contribution margin ratio = (0.30 x 20%) + (0.50 x 30%) + (0.20 x 45%) = 30%
Birthday $450,000
Standard tapered $750,000
Large scented $300,000
Answer the following questions on the basis of the monopolist's situation is illustrated in the following graph.
a. At what output rate and price does the monopolist operate?
b. In the equilibrium, approximately what is the firm's total cost and total revenue?
c. What is the firm's economic profit or loss in equilibrium?
Answers
The following answers are based on a monopoly economy.
The output rate and the price at which the monopolist operates based on the graph is 100 quantities at $10.In the market equilibrium, the firm's total cost and total revenues are $750 and $1000 respectively. The firm's economic profit in the equilibrium is $250.What is a monopoly?A monopoly, as defined by Irving Fisher, is a market with "no competition," resulting in a scenario in which a certain individual or organization is the exclusive supplier of a given product.
To arrive at answer a, we need to recall that the equilibrium of a monopolist is when the Marginal Cost equals the Marginal Revenue and the Marginal Cost Curve (MC) cuts the Marginal Revenue Curve (MR ) from below.
At this point, the equilibrium output is 100, and the equilibrium price is $ 10 for every unit of production.
For the answer is b, given that the firm is producing 100 units of goods at an average total cost of $7.5 (derived from the point that aligns with MR = MC), therefore,
Total Cost = Equilibrium Output * ATC (Average Total Cost)
= 7.5 * 100
= $750
To arrive at answer c,
Recall that Economic profit is the difference between the money collected from the sale of a product and the expenses of all inputs utilized, as well as any opportunity costs, is the economic profit or loss.
Hence, Economic Profit = Total Revenue (TR) Less Total Cost (TC)
= $1000 - $ 750
= $250
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Variable Costs + Fixed Costs = ?
Total output
Total costs
Marginal costs
Answers
5.6 Last month Quick Industries produced 900 units. This month they produced 1,264 units. What is the rate of change in production? a. 29.8% b. 32.8% c. 40.4% d. 60%
Answers
Answer: C. 40.4%
Explanation:
To find the rate of change in production, we can use the following formula:
Rate of change = (New value - Old value) / Old value * 100
Where,
Old value = Production of last month = 900
New value = Production of this month = 1264
Substituting the values in the formula,
Rate of change = (1264 - 900) / 900 * 100= 364 / 900 * 100= 0.404 * 100= 40.4%
Therefore, the rate of change in production is 40.4%, which is an option (c). I hope that this answer has helped you!
Answer:
The correct answer is C.
Explanation:
The rate of change in production is: (1264 - 900) / 900 = 0.404 or 40.4%. So, the correct answer is c. 40.4%
Weakness of cardinal and ordinal utility
Answers
Cardinal utility is the utility that is quantified and measured numerically. In contrast, ordinal utility is a type of utility that is non-measurable and only identifies the preference order of the consumer.
The following are some of the limitations or weaknesses of the cardinal and ordinal utility approach:Weaknesses of Cardinal Utility:Cardinal utility has certain limitations, such as the following:It's impossible to determine the precise value of the utility. In cardinal utility, consumer satisfaction or happiness is measured in terms of units. However, it is difficult to assign a precise numerical value to utility because it is subjective and varies from person to person.
It assumes that the consumer is rational and can measure satisfaction. Cardinal utility analysis assumes that consumers are rational and can assign a value to their happiness, which may not be the case in practice. Consumers may have irrational preferences, and their satisfaction may be influenced by various psychological factors, making it difficult to measure or assign a value to it.
The law of diminishing marginal utility may not hold true. The concept of the law of diminishing marginal utility states that as we consume more units of a commodity, the marginal utility decreases, but this may not be the case in practice.
Weaknesses of Ordinal Utility:Ordinal utility has several limitations, including the following:It doesn't account for the intensity of preference. Ordinal utility only assesses the preference order of the goods, not the intensity of preference, which may differ from one consumer to another.It fails to establish the degree of satisfaction.
The ordinal utility approach only identifies the order of preference; it does not provide any information on the degree of satisfaction or happiness obtained from a commodity.There is no numerical value for the utility of a commodity. Ordinal utility cannot assign a numerical value to utility because it is a non-measurable concept.
Therefore, it is difficult to evaluate the level of satisfaction for each commodity, making it difficult to conduct mathematical analysis or quantitative analysis.
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