1-Which resource category would include the CEO of General Motors? Labor Capital Entrepreneurial Skill Land 2- Which of the following is NOT one of the 5 fundamental Ideas of Economics? Equally Beneficial Trade Tradeoffs Incentives Scarcity 3- In Economics, the MARGIN refers to the last one, Marginal Revenue being the revenue from selling the last unit, for example True False 4- Economics does not utilize the Scientific Method. True False
Answers
1- The resource category that would include the CEO of General Motors is Entrepreneurial Skill.
The CEO of a company is responsible for providing leadership, making strategic decisions, and managing the overall operations of the organization, which falls under the category of entrepreneurial skills.
2- Equally Beneficial Trade is NOT one of the 5 fundamental Ideas of Economics. The five fundamental ideas of economics are Scarcity, Tradeoffs, Incentives, Opportunity Cost, and Marginal Analysis. Equally Beneficial Trade is not one of the core concepts.
3- False. In economics, the term "margin" refers to the additional or incremental change resulting from a decision. Marginal revenue, for example, refers to the revenue generated from selling one additional unit of a product. It focuses on the change at the margin rather than the total revenue.
4- False. Economics does utilize the scientific method. It employs various scientific approaches, including observation, hypothesis formulation, data collection, analysis, and testing. Economists use empirical evidence and mathematical models to study economic phenomena and make predictions. The scientific method is an essential aspect of conducting economic research and analysis.
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Related Questions
On October 15, 2020, the board of directors of Ensor Materials Corporation approved a stock option plan for key executives. On January 1, 2021, 28 million stock options were granted, exercisable for 28 million shares of Ensor's $1 par common stock. The options are exercisable between January 1, 2024, and December 31, 2026, at 90% of the quoted market price on January 1, 2021, which was $10. The fair value of the 28 million options, estimated by an appropriate option pricing model, is $6 per option. Ensor chooses the option to recognize forfeitures only when they occur.
Ten percent (2.8 million) of the options were forfeited when an executive resigned in 2022. All other options were exercised on July 12, 2025, when the stock’s price jumped unexpectedly to $26 per share.
Answers
Answer:
On October 15, 2020, the board of directors of Ensor Materials Corporation approved a stock option plan for key executives. On January 1, 2021, 28 million stock options were granted, exercisable for 28 million shares of Ensor's $1 par common stock. The options are exercisable between January 1, 2024, and December 31, 2026, at 90% of the quoted market price on January 1, 2021, which was $10. The fair value of the 28 million options, estimated by an appropriate option pricing model, is $6 per option. Ensor chooses the option to recognize forfeitures only when they occur.
Ten percent (2.8 million) of the options were forfeited when an executive resigned in 2022. All other options were exercised on July 12, 2025, when the stock’s price jumped unexpectedly to $26 per share.
Sam is a person who loves to spend his time in outdoor activities. Also, one of Sam's strengths is that he is very good at giving speeches and talk to people. Sam has__________
a.
An extroverted personaality
b.
An introverted personality
c.
A sensing personality
d.
A business man's personality
Answers
Sam is a person who loves to spend his time in outdoor activities. He is a sociable person who enjoys spending time with people and likes to share his thoughts and ideas with them. Sam has an extroverted personality
Sam has an extroverted personality, which means that he gains his energy by being around people and socializing. Additionally, Sam is very good at giving speeches and talking to people, which is one of his strengths.People with an extroverted personality often enjoy working in teams, collaborating with others, and leading group discussions. They also tend to be good at public speaking, as they are comfortable speaking in front of large groups of people and have excellent communication skills. Moreover, they are usually assertive and confident, which allows them to take risks and try new things.
In conclusion, Sam has an extroverted personality and is excellent at public speaking. He enjoys spending time with people, socializing, and sharing his thoughts and ideas with others.
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When your company pays for a promotional message, that is a form of what?
A. Advertising
B. Public relations
C. Word of mouth
D. Market research
Answers
Answer: advertising
Explanation:
Answer:
A
Explanation:
got it right on Edge
Private and public sector organizations that must follow HIPAA provisions are called ____________________.
Answers
Answer:
covered entities
Explanation:
Write a generalization about the relationship between price and the quantity supplied
Answers
Answer:
PRICE CHANGES
Price and quantity supplied are directly related. As price goes down, the quantity supplied decreases; as the price goes up, quantity supplied increases. Price changes cause changes in quantity supplied represented by movements along the supply curve.
True or false: For some goods and services, the cost of marketing accounts for about half of what the consumer pays for them
Answers
This statement is False. For most of the goods and services, marketing costs are only a small fraction of what the consumer will pay for them. Most of the costs are associated with the production of goods and services.
This includes the cost of raw materials, labor to produce them, and overhead costs such as rent, utilities, and other overhead costs. Marketing costs are usually less than 5% of the total cost of the product. So while marketing can be an important part of a product's success, it is not responsible for most of the cost of a product or service.
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If a company paid $38,000 of its accounts payable in cash, what was the effect on the accounting equation? Multiple Choice Assets would decrease $38,000, liabilities would decrease $38,000, and equity would decrease $38,000. Assets would decrease $38,000, liabilities would decrease $38,000, and equity would increase $38,000. Assets would decrease $38,000, liabilities would decrease $38,000, and equity remains unchanged. There would be no effect on the accounts because the accounts are affected by the same amount. Assets would increase $38,000 and liabilities would decrease $38,000
Answers
The answer is Assets would decrease $38,000, liabilities would decrease $38,000, and equity remains unchanged.
In plain English, what is equity?In contrast to equality, the term "equity" denotes fairness and justice: While equality refers to giving everyone the same thing, equity entails realizing that we do not all start from the same place and that disparities must be acknowledged and corrected.
What do equity and example mean?Equity is the ownership of any asset once all liabilities related to the asset have been paid off. For instance, if you owe $10,000 on a car you own worth $25,000, you have $15,000 in equity in the asset. It is the worth or interest of the smallest class of investors in assets.
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What is a best practice to follow when sending instant messages at work?
A.
Message your coworkers whenever it’s convenient for you.
B.
Whenever possible, use abbreviations to save time.
C.
Use instant messages for personal conversations, such as making dinner plans.
D.
Keep your messages brief and work-related because the recipients may be busy.
Answers
If I'm correct, the answer should be D.
It's the most likely answer.
Time periods for a goal include which of the following?
mid-term
short-term
intermediate-term
long-term
Answers
Answer:
short-term
mid-term
long-term
Explanation:
short-term
A short-term goal is achievable within a short time. It is a mission to be accomplished within a day, one week, a month, but not more than one year. They are easy to accomplish and provide quick feedback. Short term goal provides a link to the achievement of other goals that require more extended time frames.
Midterm goal goals
Mid-term goals take between one and five years to accomplish. They form the roadmap to achieving long term goals. The mid-terms goal consists of a combination of several short-term goals.
Long term goals
A Long-term goal is something to be accomplished in the future. It requires elaborate planning of both time and resources. A long term goal takes five years or more to accomplish.
1. During light phase of photosynthesis. Medien
is oxidised and MANA
is
reduced.
Answers
Explanation:
The light reaction takes place in thylakoid discs. There, water is oxidized and oxygen is released. The hydrogen is accepted by NADP and hence get reduced to NADPH 2suppose that policy makers are concerned that the price of corn may get too high. the market for corn is depicted in the accompanying diagram. a graph is labeled price in dollars on the vertical axis and quantity in thousands of kilograms on the horizontal axis. a line connecting (1, 4) to (9, 8) is labeled supply. a second line connecting (1, 9) to (9, 3) is labeled demand. the lines intersect at (5, 6). a. what type of price control would policy makers use to keep the price of corn from getting too high? a price floor a price war a price ceiling a price wall a price marker b. suppose that the government implements the price control that you have selected. which of these prices would be binding? $5 $7 $6
Answers
The type of price control would policy makers use to keep the price of corn from getting too high is a price floor option A.
A price floor is a restriction on how low a price may be charged for a thing, commodity, service, or by the government or other entity. To be successful, a price floor needs to be greater than the equilibrium price.
The price at which economic forces like supply and demand are balanced and, in the absence of outside influences, the (equilibrium) values of economic variables will not change is known as the equilibrium price, also known as the "market price." It is frequently described as the point at which quantity demanded and quantity supplied are equal (in a perfectly competitive market). To prevent particular prices from falling too low, governments utilise price floors.
Price ceiling is a type of price control under which the price cannot rise above a certain level. Therefore, the type of price control that the policymakers would use to keep the price getting too high is a price ceiling. A price ceiling is binding when it is set below the equilibrium price. Therefore, a
Price of $5 would be binding if government implements the price control that you have selected.
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In the context of formal decision making, negative feedback indicates that
A. the decision has been undermined by competitors.
B. too much time has been dedicated in implementing the decision.
C. the decision has been made under undue pressure from top management.
D. the problem has been incorrectly diagnosed.
E. implementation of the decision may need more resources.
Answers
In the context of formal decision making, negative feedback indicates that the problem has been incorrectly diagnosed The correct option is D. This means that the initial assessment and understanding of the situation were inaccurate, leading to an ineffective decision.
Negative feedback is essential for organizations to evaluate and improve their decision-making processes. It serves as a signal that adjustments need to be made to achieve the desired outcomes.
When a decision is based on incorrect diagnosis, it can lead to suboptimal results and potentially exacerbate the problem instead of resolving it. The importance of accurate problem diagnosis lies in its ability to guide the decision-making process and ensure that the chosen solution effectively addresses the issue at hand. Continuous assessment and feedback are crucial in identifying any misdiagnosis and helping decision-makers to refine their understanding of the problem, which may, in turn, require reallocating resources, revising strategies, or reconsidering alternative solutions.
It is essential for organizations to cultivate a culture of open communication and constructive feedback to avoid falling into the trap of incorrectly diagnosing problems. This fosters an environment where team members feel comfortable sharing their insights and concerns, leading to more informed and effective decisions. Ultimately, embracing negative feedback in formal decision making promotes continuous learning and improvement, enhancing the organization's ability to adapt and succeed in a dynamic and competitive business landscape.
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A company's triple bottom line measures which aspects of its performance? (choose every correct answer.)
Answers
A company's triple bottom line measures environmental, financial, and social. aspects of its performance.
Environmental means relating to or caused by the environment in which a person lives or in which something exists. Protects against environmental influences such as wind and sun. The form that the human family takes is a response to environmental stress.
Financial usually refers to financial matters or transactions of some magnitude or importance. In other words, a financial assistant. Fiscal is used specifically in connection with government or institutional funds. It's the end of the fiscal year. Currency refers specifically to money itself. i.e. currency system or standard.
Relating to interaction with other people especially for pleasure a busy social life.
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Explain the Consumer Price Index? (who uses it, how many products are tested) and what is
current inflation rate of the United States?
Answers
The Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. Indexes are available for the U.S. and various geographic areas.
The annual inflation rate for the United States is 7.7% for the 12 months ended October 2022 after rising 8.2% previously, according to U.S. Labor Department data published Nov. 10.
A purchaser is someone or a set who intends to reserve, or uses bought goods, products, or services in general for private, social, family, family and similar desires, who isn't always directly associated with entrepreneurial or commercial enterprise sports. The time period maximum typically refers to someone who purchases goods and offerings for private use.“customers, by definition, include us all," stated President John F. Kennedy, providing his definition to the us Congress on March 15, 1962. This speech became the basis for the creation of worldwide consumer Rights Day, now celebrated on March 15. In his speech : John Fitzgerald Kennedy mentioned the indispensable duty to clients from their respective governments to help workout clients' .
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What are the advantages and disadvantages of the three primary business writing formats?
Answers
Answer and Explanation:
The business writing formats benefits and disadvantages of the three primary business writing formats are described below:-
A memorandum is a formal define that it is the way of communication that enables corporations to connect with their workers. This is typically used to distribute updates or issues.
Memos are highly increasingly being replaced by e-mail, so sending a memo is more difficult and costly. Therefore, a Business Letter is a structured communication method that's best used to connect with clients.
It generally takes more time to write and format a business letter than to write an email or memo.
As we know that an Email is easy to send and priceless, and make enable to send message to many people at a time also Many unwritten e-mails etiquette rules and can be too casual for many business purposes.
Business writing formats includes the use of memorandum, email business letters etc. The advantages and disadvantages of the three primary business writing formats are:
A Memorandum: (Advantages)
This is simply a formal, internal communication tool which allows companies to communicate with their employees. It is known to be used to deliver announcements or problems.Disadvantages
Memos are said to be rapidly been replaced by e-mail due to the fact that it is more complicated and expensive to deliver a memo.Business letters (Advantages)
A Business Letter is simply known as a formal communication tool which is utilized for communicating with customers.Disadvantages
Writing and formatting a business letter often takes more time than composing a memo or e-mail.Emails (Advantages)
E-mail is quick, easy and cheap, and allows you to send messages instantly to any number of people.Disadvantages
E-mail has too much unwritten rules to follow (etiquette) and it is too informal for many business purposes.Learn more from
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Open-ended credit is credit for which debtors are given a specified amount of credit to purchase specific consumer goods and intangible goods.
Answers
Answer: False
Explanation:
Open-ended credit does not work by specified borrowing amounts given to a debtor to purchase specific goods.
Rather it works by giving the debtor a limit on the amount they can borrow and they are allowed to borrow whatever amount they want within that limit.
The credit described in the question is a close-ended credit.
In 2007, the FDIC’s insurance limit was $100,000 per person per bank. At that time, if Kit had three separate $50,000 CDs at Bank R, a $60,000 checking account and a $140,000 money market account at Bank S, and an $80,000 savings account at Bank T, how much of Kit’s money was FDIC insured?
Answers
In 2007, the FDIC's insurance limit was $100,000 per person per bank.
At Bank R, Kit had three separate $50,000 CDs, so all of them were insured ($50,000 x 3 = $150,000).
At Bank S, Kit had a $60,000 checking account and a $140,000 money market account, so all of the accounts were insured ($60,000 + $140,000 = $200,000).
At Bank T, Kit had an $80,000 savings account, so it was fully insured.
In total, all of Kit's money was insured. The insurance limit applied to each bank, not to each account type. So, Kit had $150,000 at Bank R, $200,000 at Bank S, and $80,000 at Bank T, for a total of $430,000 that was all FDIC insured.
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In order to make up for a budget deficit, the government can do what?
Answers
Answer:
print more money
Explanation:
it makes sense if u think bout it
Answer:
Budget deficit is when the government exceeds its budget, meaning they have spent a lot more money than they were initially supposed to, and thus need to get more money for other issues. So what the government will usually do is take out loans and sell government bonds.
Explanation:
Hope this helps :)
Consider a Bank of Canada $95 million open market purchase from the public:
Part 4: How much loans do all banks create together due to this Bank of Canada policy if all Banks have 12% desired reserve ratio and do not keep excess reserves, and the public keeps 13% of deposits in cash (currency)? Use three decimal places.
Part 5: How much does this Bank of Canada policy change the money supply if all Banks have 12% desired reserve ratio and do not keep excess reserves, and the public keeps 13% of deposits in cash (currency)? Use three decimal places.
Answers
Part 4: The $95 million open market purchase from the public by the Bank of Canada increases the reserves of the banking system by $95 million.
If all banks have a desired reserve ratio of 12%, then the total amount of loans that can be created is $859.090 million (calculated as 1/0.12 x $95 million). However, if the public keeps 13% of deposits in cash, then the effective reserve ratio for banks is 11%, which means that the total amount of loans that can be created is $863.636 million (calculated as 1/0.11 x $95 million). Therefore, all banks together can create $863.636 million in loans due to this Bank of Canada policy.
Part 5: The $95 million open market purchase from the public by the Bank of Canada increases the reserves of the banking system by $95 million. If all banks have a desired reserve ratio of 12%, then the initial money supply multiplier is 8.333 (calculated as 1/0.12). However, if the public keeps 13% of deposits in cash, then the effective reserve ratio for banks is 11%, which means that the effective money supply multiplier is 9.091 (calculated as 1/0.11). Therefore, the Bank of Canada policy changes the money supply by $863.636 million (calculated as $95 million x 9.091) due to the creation of new loans by all banks.
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what are the effects of increasing a manager's span of control ?
Answers
Answer: Higher average span of control means fewer layers of management within the organization and a relatively flatter organizational structure.
Explanation: This can lead to, Faster decision-making due to fewer levels of approvals required for a specific decision, which allows the company to respond more quickly to business issues.
what type of analysis would address the question of whether a customer will ultimately pay if credit is granted?
Answers
Diagnostic analysis would address the question of whether a customer will ultimately pay if credit is granted.
In that it also makes use of past data, diagnostic analytics is comparable to descriptive analytics. But what makes it special is that it looks for abnormalities and outliers and tries to explain them. For instance, a fashion company can experience an unexpected increase in profits. The business can create and evaluate several theories regarding why that occurred by utilizing diagnostic analytics.
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Helpmeeeeeeeeeeeeeee
Answers
Answer:
18. b : most economic decisions are made by buyer and sellers
19. b : federal income tax
Explanation:
why do business need funding
Answers
Consider the lawsch85 dataset from the wooldridge package in R. (you can load this dataset using data (laws ch85) after loading the wooldridge package). Using R, estimate the following equation: Isalary Bo+B₁LSAT + B₂GPA+ Balcost + Billibvol + u = In the regression output, R. automatically reports the t-statistic associated with a hy- pothesis test for the variable GPA. What is the hypothesis test that R is performing?
Answers
The hypothesis test that R is performing in the regression output of lawsch85 dataset from wooldridge package in R is the t-statistic associated with the variable GPA in the regression equation.
How to determine?Isalary Bo+B₁LSAT + B₂GPA+ Balcost + Billibvol + u = In the regression output, the t-statistic associated with a hypothesis test for the variable GPA is reported automatically by R.
In this equation, Isalary is the variable to be predicted, LSAT is the score on the Law School Admission Test, GPA is undergraduate grade-point average, Balcost is the estimated annual cost of living expenses, Billibvol is the number of volumes in the law school library, and u is the error term.
The hypothesis test that R is performing in the regression output is to test if the variable GPA is statistically significant to determine its impact on the outcome variable Isalary.
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Two individuals at a retail store work the same cash register. You evaluate this situation as.
Answers
Please help ASAP will give 25 points.
What would happen to the document if the change “A” is pointing to was accepted?
a. The selected sentence would be inserted.
b. The comment would be deleted.
c. There would be no changes.
d. The selected sentence would be removed.
Please select the best answer from the choices provided
A B C D
Answers
Answer:
c
Explanation:
cuz dahvvhjfjhasjvgdvdsGHGhgdyhhgvlkmn,vzcnfdmndmdfnbdfbhcdhjcbcbdbnf
alright, anyone got any chocalate
Answers
Answer:
No, I don't really like chocolate.
Explanation:
Answer:
Yes.
Explanation:
But sadly I can't give them away.
#teamtrees #WAP (Water And Plant)
Tina works a cash register and has to hold her arm at a certain angle to scan her customers' items. What is the ergonomic hazard in this situation?
Select the best option.
Awkward posture
Incorrect tool usage
Relaxed arms and shoulders
Repetitive moveme
Answers
Answer:
repetitive movement
Explanation:
i actually had this question in my last period that's so fun hahha good luck
The ergonomic hazard in this situation given above is:
A. Awkward postureAccording to the given scenario, a cashier has to hold her hand in a certain manner in order to properly scan the items of the customers who came to make purchases at the store.
As a result of this, we can see that the ergonomic hazard which is described from the above scenario is that of an awkward posture which Tina, the cashier has to perform.
Therefore, the correct answer is option A
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The fixed cost towards manufacturing a product is $100K per year. The variable cost is $5 per product. You produce 8,000 products annually. What is the break-even price of one product
Answers
The break-even price of one product can be calculated by considering the fixed cost and the variable cost per product.
In this case, the fixed cost is $100,000 per year, and the variable cost is $5 per product. Given that 8,000 products are produced annually, we can determine the break-even price.
The break-even point is the point at which the total revenue equals the total cost, resulting in zero profit or loss.
To calculate the break-even price per product, we need to determine the total cost and divide it by the number of products. The total cost consists of the fixed cost and the variable cost per product multiplied by the number of products.
In this case, the total cost is the fixed cost of $100,000 plus the variable cost per product of $5 multiplied by 8,000 products, which equals $140,000. To find the break-even price per product, we divide the total cost by the number of products: $140,000 ÷ 8,000 = $17.50. Therefore, the break-even price of one product is $17.50.
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How does collaboration demonstrate professionalism
Answers
Answer: Collaboration allows people with different backgrounds to bring their expertise to the workplace, creating a larger talent pool and increasing the possibility that problems will be solved by drawing from these diverse backgrounds.