The reason why people save is that they can be secured financially, and people invest the money that remains after all expenses in with their savings.
What is savings?A saving can be described as the amount of money that people do keep so that they can have something to fall back on financiallyin case of emergency.
It should be noted that Saving seves as the portion of income that an individuals do keep aside so that they will not spend it on the current expenditures, they usually keep this incae of the future.
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b. what is the prevailing price and quantity if a price ceiling is set at $4.00?
A price ceiling is a government-mandated price control or limit on how high a price can be charged for a product. If a price ceiling is set at $4.00, then the prevailing price and quantity of the good will be equal to the price ceiling.
This means that firms will not be able to charge more than $4.00 and the quantity supplied will remain the same. The result of this is that there may be an excess demand for the good. This means that there are more buyers willing to buy the good at the price ceiling than there is quantity supplied.
This can lead to shortages of the good, which can cause an increase in prices on the black market or lead to buyers being unable to find the good in the market.
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How are the sales tax and the value-added tax similar?
Answer:
Sales tax is collected by the retailer when the final sale in the supply chain is reached via a sale to the end consumer. ... VAT (Value-Added Tax) is collected by all sellers in each stage of the supply chain. Suppliers, manufacturers, distributors and retailers all collect the value added tax on taxable sales.
Bye Have A Nice Day!Suppose that there are two countries, A and B, each of which produces two goods, X and Y. The production possibilities frontier (PPF) for each country is linear, with quantities of Y plotted on the vertical axis and quantities of X plotted on the horizontal axis. The PPF for Country A has a vertical intercept of 60 and a horizontal intercept of 60. The PPF for Country B has a vertical intercept of 30 and a horizontal intercept of 15.
Required:
What would be true about Country A?
Answer:
They can produce their goods equally.
Explanation:
Country A can produce their products equally with the available products in hand.
They can produce their goods equally. Country A can produce their products equally with the available products in hand.
What is production possibilities frontier?The Production Possibilities Frontier graph shows all the output combinations of two products that can be produced using the resources and technology in use at the time.
The production possibility curve is based on the following fundamental assumptions: Resources are offered and remain constant. The technology used in the production process remains constant. Technology and resources are fully and efficiently utilized.
The production possibilities curve measures the trade-off between producing one good versus another. Imagine a scenario where a nation produces 20,000 oranges and 120,000 apples. The diagram's point B is that location. If it wishes to cultivate more oranges, it must produce less apples.
Thus, They can produce their goods equally.
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What do you mean by a facilitator? What are the major jobs of a facilitator of non formal educational programme
Explanation:
It is important to note that much of the intermittent formal learning throughout people's....Part of being an effective facilitator of informal learning ( and non-formal education) involves.
Answer:
The definition of facilitate is "to make easy" or "ease a process." What a facilitator does is plan, guide and manage a group event to ensure that the group's objectives are met effectively, with clear thinking, good participation and full buy-in from everyone who is involved.
Please help me prepare by giving 3 sample questions for the debate. Thank you in advance!Note: This topic opposes to establish more national parks. So please be sure that the questions are connected. Thank you! National parks are defined as wide open spaces large enoughto cater people and to provide the public with opportunities for outdoor recreation. Aside from the purpose to maintain and enhance the wildlife and beauty of our surroundings. National Parks are mainly created to bring leisure and enjoyment to the residents nearby and tourists. But the question is "Should more land be dedicated to nationalparks?"According to the International Union for Conservation of Nature, the world has a total of 3,702 national parks. Listed as follows:Africa has 433 national parksAsia having the highest number of parks with 1,248While in Europe, there are 538 national parksFor North, Central, and South America having a sum of 766 parksAnd Oceania with 717 National parks. With the huge number of national parks existing around the World, it is much better if we allot the free lands to other purposes especially in solving some problems in the world that need immediate response or attention. As we all know, Agricultural land produces the majority of food and provides a variety of vital ecosystem services. Agricultural lands produce benefits to the people such as the supply of food we eat, employment for some people like farmers, and contribute to the economic growth of specific countries through exports. And if we are to focus on the main purpose of agriculture which is to supply food. It is said thatLivestock takes up nearly 80% of global agricultural land, yet producesless than 20% of the world’s supply of calories based on the report made by Our World in Data. This means that what we eat is more importantthan how much we eat in determining the amount of land required to produce our food. Agriculture now accounts for nearly half of all habitable land in the world. But if we are to adopt the average diet in the United States, we still need an extra 38% of land to use even if we convert all of our habitable lands to agriculture. Therefore, if we are to consider what agricultural lands produce and the stocks we consume, our lands dedicated to agriculture are not enough to supply our needs. If there are free lands in the country; using them in increasing the number of lands for agriculture is a better option than dedicating them to national parks. Expanding and protecting agricultural lands, will enable long-term food security and provides essential environmental benefits to people which are a prime concern during this time that we are not sure of what tomorrow has to offer
With the growing population and increased demand for food, do you think it is more important to dedicate free land to agricultural purposes or to establish more national parks? How can we strike a balance between the two?
National parks are often seen as important sites for conservation and preservation of wildlife. However, with the increasing threat of climate change, should we prioritize the conservation of agricultural land over national parks to ensure food security in the long run?
While national parks provide opportunities for outdoor recreation, they are often inaccessible to low-income and marginalized communities. With this in mind, do you think it is more equitable to dedicate free land to national parks or to invest in creating green spaces in urban areas to provide recreational opportunities for all?
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what is a perfect market?
Answer:
A Perfect market is
a market where the sellers of a product or service are free to compete fairly, and sellers and buyers have complete information: The internet has a big part to play in the creation of a perfect market. Compare. imperfect market.
An increase in prices of inputs will cause a ______ change in prices with an elastic demand as opposed to an inelastic demand. The change in input prices will cause a ___change in quantity if demand is elastic as opposed to an inelastic demand.
An increase in prices of inputs will cause a relatively small increase change in prices with an elastic demand as opposed to an inelastic demand. The change in input prices will cause a relatively small drop change in quantity if demand is elastic as opposed to an inelastic demand.
Price is one of the five determinants of demand, but it does not affect demand for all goods and services equally. When price greatly influences demand, the good or service is said to have "elasticity of demand".
The name comes from the way economists think about the demand for that good or service — the name is easy to expand, and a small change in price results in a large change in demand.
The essence of marketing is predicting how consumers will respond to various forms of stimulus. How much will consumers increase using the product if we endorse a influencer to support the product? While businesses can never be 100% sure of how consumers react, the goal of every marketing and product team is to increase conversions, usage, and positive brand views.
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When Acme Dynamite produces 200 units of output, its variable cost is $3,000, and its fixed cost is $500. It sells each unit of output for $30. When Acme Dynamite produces 200 units of output, its profit is A. $2,000 B. $6,000 C. S2,500 D. $3,000 bute
The profit when producing 200 units is C)$2,500
To calculate the profit, we first need to find the total revenue and total variable cost.
Total revenue = Selling price per unit x number of units produced
Total revenue = $30 x 200 = $6,000
Total variable cost = Variable cost per unit x number of units produced
Total variable cost = $3,000
Total fixed cost = $500
Total cost = Total variable cost + Total fixed cost
Total cost = $3,000 + $500 = $3,500
Profit = Total revenue - Total cost
Profit = $6,000 - $3,500 = $2,500
Therefore, the profit when producing 200 units is C)$2,500.
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Suppliers have more time to devote to postsale services because:
O A. supply chain management is no longer a critical element in the buying process.
O B. of the automation of routine transactions in the purchasing process.
O C. buyers and sellers have become independent of each other.
O D. the overall cycle time of the purchasing process has increased.
O E. of a decline in relationship-building activities between buyers and suppliers.
Reset Selection Question 48 of 50 2 Points Which of the following forms of marketing involves talking with buyers before, during, and after the sale?
O A. Personal selling
O B. Public relations
O C. Direct marketing
O D. Sales promotion
O E. Electronic marketing
The sales rep is in charge of soliciting orders from current or potential outlet stores while selling products and attending to customer demands.
What methods are there for purchasing?The systematic acquisition of goods and services for strategic purposes is referred to as purchasing. Purchasing measures are critical to ensure that the relevant materials are acquired quickly and economically.
What is a good example of buying?Buying is often more transactional and focused on the near term. It entails activities including placing orders, creating purchase requisition, receiving, and setting up payments. Instead of seeking the highest total value, buyers frequently focus on getting products at the lowest possible cost.
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Just learned/registered to be a therapist! Let me know if you want to talk about anything, or just have conversations. I want everyone to know that I’m here and I know it’s hard to put your feelings on the internet but I want you to feel safe. Feel free to leave anything in the comments
Answer:
wow i totally need this
Explanation:
why all choices are economic choices?
Answer:
All choices are economic choices because with every choice we make, we are (sometimes subconsciously) analyzing the costs and benefits of our options. Our choices are guided by self-interest and every choice we make involves some kind of cost, whether it be time or money or something else.
What are the limits to economic freedom in a private enterprise system?
Answer:
crime
Explanation:
stay away from something for nothing
it has brought slavery to theft
An _____ is a third-party exchange that provides a platform for buyers and sellers to interact with each other and trade more efficiently online.
An online marketplace is a third-party exchange that provides a platform for buyers and sellers to interact with each other and trade more efficiently online.
It can be thought of as a virtual bazaar, where individuals or businesses can come together to buy and sell goods or services. These marketplaces enable buyers to browse a wide range of products or services, compare prices and features, and make purchases from different sellers all in one place. Sellers can also benefit from a larger audience, increased visibility, and potentially lower costs than traditional brick-and-mortar stores.
Examples of popular online marketplaces include Amazon, eBay, Alibaba, and Etsy. Online marketplaces have revolutionized the way people shop, and have made it easier for small businesses and entrepreneurs to reach a wider audience and compete with larger corporations. Overall, online marketplaces have become an essential part of e-commerce, making it easier for people to buy and sell goods and services online.
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explain how the nature of the employer-employee relationship helps to determine the extent of privacy in the workplace.
The nature of the employer-employee relationship helps to determine the extent of privacy in the workplace by setting expectations for both the employer and employee.
For example if the employer has a policy that workers must take breaks in a designated area, workers may not anticipate sequestration in their workspace. On the other hand, if the employer has a policy that workers must keep their workspace locked and not allow others to pierce it without authorization,
also workers may anticipate a certain position of sequestration in their workspace. Eventually, the employer- hand relationship sets the stage for how important sequestration is anticipated and allowed in the plant.
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to construct an industry supply curve, one should sum the: please choose the correct answer from the following choices, and then select the submit answer button. answer choices quantities demanded by the customers of all of the firms for each price. marginal costs for all of the firms for each quantity. average costs for all of the firms for each quantity. quantities supplied by all of the firms for each price.
To construct an industry supply curve, one should sum the quantities supplied by all of the firms for each price. Therefore, the correct answer is D.
The industry supply curve shows the total quantity supplied of a product by all firms in the market at each price. It is derived by horizontally summing the supply curves of all individual firms operating in the market. The supply curve of an individual firm shows the quantity of a product that it is willing and able to sell at each price level.
Option A, quantities demanded by the customers of all of the firms for each price, is incorrect because the industry supply curve represents the quantity supplied, not the quantity demanded.
Option B, marginal costs for all of the firms for each quantity, is also incorrect because the marginal cost of each firm may differ, and the industry supply curve is not based on marginal costs.
Option C, average costs for all of the firms for each quantity, is also incorrect because the average cost of each firm may differ, and the industry supply curve is not based on average costs.
In summary, the industry supply curve represents the total quantity supplied by all firms in the market at each price and is derived by horizontally summing the supply curves of all individual firms.
Therefore, the correct answer is D.
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true or false: auditors generally perform audit work related to debt in advance of the balance sheet date
False, auditors do not perform audit work related to debt in advance of the balance sheet date.
What is balance sheet?A balance sheet is a summary of a company's assets, liabilities and equity at a particular point in time (as shown in the statement above). It is one of the basic documents that make up a company's financial statements. In financial accounting, a balance sheet is a summary of the financial balance of an individual or organization, whether it is a sole proprietorship, partnership, corporation, limited liability company, or other organization such as a government or non-profit organization, Regardless. A balance sheet provides a snapshot of a company's financial position at a particular point in time. In addition to income and cash flow statements, the balance sheet helps business owners assess the financial health of their business.To learn more about balance sheet from the given link:
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It is the idea being transmitted by the sender to the receiver. It includes three aspects — content , structure and style
Answer:
decodes and feedback.
Explanation:
It is a message since it is written or recorded words or information sharing or ideas conveyed by the sender to the receiver. It includes information and communication, how important and useful information is, and can be read in order to understand it. The structure of a message is tone.
The Style includes how the sender composes and writes a message.
Message is the idea being transmitted.
A Message is a form of communication sent to a recipient who is not present physically and its can be in verbal, written or recorded form.
Message is one of the essential elements of communication process. The other process includes Sender, Encoding, Interference, Communication channel, Receiver, Decoding and Feedback
Roughly, there are 3 purposes for passing message
To inform people of certain subject.To persuade others to do one biddingTo builds one's goodwill.Learn more about Communication process here
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How has banking changed in the past 200 years of our nation's history?
Banking has changed in the past 200 years of our nation's history because:
Everything is digitized and more efficientBanking is the institution which basically keeps money of its customers and allows them to perform financial transactions, collect overdrafts, send and receive money, give interests and many more.
As a result of this, we can see that there are differences in how banking was two hundred years ago and today. Back then, banking was not digitized as people exchanged money by hand and stored their money wherever they felt was safe for them.
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Why is it important to demonstrate a positive work attitude in the workplace?
O to be seen as trustworthy and reliable
O to be seen as coachable and flexible
O to be seen as willing to delegate tasks
O to be seen as easily persuadable
Answer:
the first one
Explanation:
if you aren't trustworthy you might not get as many opportunities in your workplace
Select three ratios that are equivalent to 7:67:67, colon, 6. Choose 3 answers: Choose 3 answers: (Choice A) A 12:1412:1412, colon, 14 (Choice B) B 21:1821:1821, colon, 18 (Choice C) C 42:3642:3642, colon, 36 (Choice D) D 63:5463:5463, colon, 54 (Choice E) E 84:6284:62
Answer: B C D are the answers, your welcme! :)
Explanation:
What is NOT an example of a contract?
The sentence that do not symbolize example of a contract is c.A written promise to give your husband a ring for Christmas.
What is a contract?A contract can be described as the agreement tht is been entered between two or ore parties which is binded under that law of the land and any breech to the agreement by one of the parties that is been involved will attract a penalty.
It should be noted tat out of the give options we can see that the third option is not a contract because it can not be regarded as an agreement.
Therefore, option C is correct.
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Check the complete question:
Which of the following is not an example of a contract?
a. An agreement not to sue someone for negligence in exchange for their promise to pay you a specified amount
b.
A verbal agreement for the sale of a car where neither the money or the car has yet changed hands
c.A written promise to give your husband a ring for Christmas
d. A verbal agreement to work for someone starting next week
Golg Coast Alternate Final Exam 2 ANSWERED (25) QUESTION 28 OF 100 119:30 / 180:00 UNANSWERED (75) DEVIOUS NEXT Bookmark this question BOOKMARKED (2) SUBMIT EXAM 28. Bob and Sue are going to build their dream home on lakefront property. They discover that the plans are no longer in compliance with building codes due to a change In the property. This hardship was caused by erosion of the land. To move forward with their plans, what would Bob and Sue request? O (a) Special exception O (b) Non-conforming use O (c) Conforming use O (d) Variance D. MacBook Air
After Bob and Sue discover that their plans are no longer in compliance with building codes due to a change In the property. In order to move forward with their plans, they would request for non-conforming use.
What is non-conforming use?In urban planning, nonconforming use mean the use of property that was allowed under the zoning regulations at the time the use was established but which subsequent changes in those regulations is no longer a permitted use.
In essence, the non-conforming uses and structures are not considered as illegal uses and structures, rather, they are generally allowed to continue as is, subject to local restrictions.
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a company overstates its ending inventory for 2018. what effect will this have on the reported amount of cost of goods sold for 2018?
If a company overstates its ending inventory for 2018, the reported amount of cost of goods sold for 2018 will be understated. This is because the cost of goods sold is calculated as the beginning inventory plus purchases minus ending inventory.
If the ending inventory is overstated, the cost of goods sold will be lower because it appears as though there were more goods on hand than there actually were. This can lead to an inaccurate picture of the company's profitability, as the cost of goods sold is a key expense that affects the calculation of gross profit and net income.
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In what industry is labour likely to be the most important factor of production
Answer:
Labour is an active factor of production. It is the factor that starts production. Land and Capital alone cannot start production, so they are passive factors. They need the active factor of production, i.e. labour to be productive themselves.
if you are tasked with writing employee schedules and to-do lists for managers, what level of planning are you involved in?
if you are tasked with writing employee schedules and to-do lists for managers, you are involved in tactical planning.
Information is needed for tactical planning by its managers at the middle level of management. Managers establish monthly goals and devise strategies for achieving them. After planning, the strategy is implemented and monitored to hit the predetermined goals.
In the example, the employee is creating schedules that tactical level management needs in order to comprehend the business environment and make wise decisions.
The 4 types of plans are:
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PLS I NEED THREE DIFFERENCES BETWEEN NEEDS AND WANTS
Answer: yes
Explanation
What is a "need" and what is a "want"
three difrences between needs and wants. Needs and wants are two of the most common words used in our everyday language, but what is the difference between them? Generally speaking, a need is something necessary for survival, such as food or shelter. A want, on the other hand, is something desired but not necessarily necessary, such as a luxurious vacation or the latest electronic device. To better understand the differences between needs and wants, here are three key distinctions:
1. The impulse to acquire: When it comes to needs, there is often a sense of urgency and obligation associated with them. We have an impulse to acquire what we need in order to survive and thrive. Wants, however, do not have this same feeling of urgency. We may want something, but there is no real obligation to acquire it and our lives will go on without it.
2. Sources of satisfaction: Needs are typically associated with a sense of satisfaction when they are satisfied. For example, eating when you are hungry or getting a good night’s sleep after a long day. On the other hand, wants
on monday kyle had $525 in his bank account. tuesday he spent $75 on groceries, on wednesday he paid $125 for his phone bill. friday kyle received his paycheck, now he has $1,567 in his bank account. how much was kyle’s paycheck?
Kyle's paycheck amount is $1,242. To determine Kyle's paycheck amount, we need to calculate the change in his bank account balance between Wednesday and Friday.
Kyle's bank account balance on Wednesday after paying his phone bill:
$525 - $75 (groceries) - $125 (phone bill) = $325
The increase in Kyle's bank account balance from Wednesday to Friday is:
$1,567 - $325 = $1,242
Therefore, Kyle's paycheck amount is $1,242.
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On october 23, 2011, on u.s. dollar was worth 49.84 indian rupee. a)on that date how many rupees was 98.27 dollars worth? round to the nearest hundredth of a rupee.
98.27 dollars was worth 4,893.61 rupees on October 23, 2011. The third decimal place is 6, which means we need to round up.
To find out how many rupees 98.27 dollars was worth on October 23, 2011, we can use a simple multiplication equation.
First, we need to know the exchange rate of U.S. dollars to Indian rupees on that date, which is given as 49.84 rupees per dollar.
So to convert 98.27 dollars to rupees, we can multiply 98.27 by 49.84:
98.27 x 49.84 = 4893.6008
This means that 98.27 dollars was worth 4,893.60 rupees on October 23, 2011.
However, we need to round this answer to the nearest hundredth of a rupee. To do this, we need to look at the third decimal place (the "0.6" in 4,893.60).
If the third decimal place is less than 5, we round down. If it is 5 or greater, we round up. The third decimal place is 6, which means we need to round up. 98.27 dollars was worth 4,893.61 rupees on October 23, 2011
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What is the effect of business cycles on economic growth?
Business cycles are the "ups and downs" in economic activity, defined in terms of periods of expansion or recession. During expansions, the economy, measured by indicators like jobs, production, and sales, is growing in real terms, after excluding the effects of inflation.
Economic activity goes through periods of boom and then contraction during business cycles. Both the general welfare of society and the welfare of private entities are affected by these developments. Typically, changes in a broad economic statistic, such as Real Gross Domestic Product, are examined to see how business cycles have changed over time.
Typical business cycle changes include broad upswings and downswings in a variety of macroeconomic indicators. Individual expansion/recession periods have varying lengths and intensities across time. There are several factors that might cause changes in the business cycle, including sudden and severe fluctuations in the price of oil or shifts in consumer attitude.
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Ye Olde Cording Winery in Peoria, Illinois, makes three kinds of authentic German wine: Heidelberg Sweet, Heidelberg Regular, and Deutschland Extra Dry. The raw materials, labor, and profit for a gallon of each of these wines are summarized here:
If the winery has 150 bushels of grade A grapes, 150 bushels of grade B grapes, 80 pounds of sugar, and 225 labor-hours available during the next week, what product mix of wines will maximize the company’s profit?
a. Solve using the simplex method.
b. Interpret all slack variables.
c. An increase in which resources could improve the company’s profit?
The raw materials, labor, and profit for a gallon of Heidelberg Sweet, Heidelberg Regular, and Deutschland Extra Dry are tabulated below: Raw Materials, Labor and Profit for Each Gallon: Heidelberg Sweet Heidelberg RegularDeutschland Extra DryRaw Materials ($/gallon).
Grade A grapes Grade B grapes Sugar Labor (hours/gallon) The following linear programming model can be formulated to solve the problem in order to determine the best mix of products that will maximize profit.X1 = gallons of Heidelberg Sweet produced X2 = gallons of Heidelberg Regular produced X3 = gallons of Deutschland Extra Dry produced Maximize. Part B of the question demands that we interpret all slack variables. A slack variable is used to convert an inequality constraint to an equality constraint.
By examining the constraint coefficients of the objective function, we can determine the most important resources that affect the company’s profit. Since the objective function coefficients are the profit margins of the three types of wines, the most profitable wine type will be produced more, assuming all other constraints are met. Thus, the resources that are most critical in increasing the winery's profit is the raw material of the most profitable wine. By observing the objective function coefficients, it can be concluded that Heidelberg Regular is the most profitable wine type. Therefore, the winery should focus on increasing the production of Heidelberg Regular to improve its profits.
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