11. Before 1993 and the installation of the Mid-Levels escalators, walk- ing up the hill was much more painful than walking down. This is translated by the following assumptions: τ1(x) = tx and τ2(1 − x) = (t + τ )(1 − x) with t, τ > 0. Based on your reasoning about the prices charged by the two shops, which of the following statement is TRUE? A. The equilibrium quantity of Won-Ton will be smaller than that of Too-Chow.
B. The equilibrium price of Won-Ton will be higher than that of Too- Chow.
C. The equilibrium profit of Won-ton will be smaller than that of Too- Chow.
D. None of the above.
Answers
Based on your reasoning about the prices charged by the two shops, "The equilibrium price of Won-Ton will be higher than that of Too-Chow" is the true statement. The correct option is B.
Who will have the higher equilibrium price?The prices charged by the two shops will be equal in the absence of information about each other's pricing strategy. Since the owners of Won-Ton and Too-Chow are strategic rivals, each of them must expect the other to react to their pricing decisions, which results in a price war.
The equilibrium price for each shop is determined by the pricing strategies of its rivals. As a result, Won-Ton will have a higher equilibrium price than Too-Chow.
What is equilibrium in economics?The term "economic equilibrium" refers to a situation in which economic forces, such as supply and demand, are balanced, and there is no inherent tendency for change. When the quantity of a commodity or service provided by producers matches the quantity desired by consumers, economic equilibrium occurs.
The marketplace is said to be in equilibrium when the quantity of goods or services supplied equals the quantity demanded by consumers.
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Related Questions
If Delia invests her money in savings and government bonds, which phrase
most likely describes her investment strategy?
A. High risk, low return
B. Low risk, low return
C. Low risk, high return
D. High risk, high return
Answers
By investing in savings and government bonds, Delia is following a B. Low risk, low return investment strategy.
Government bonds and savings accounts:
Have very little risk attached to them because they are either backed by the government or not put into risky investmentsProvide very little return on account of having so little riskWhen a person invests in government bonds and savings accounts, they are all but certain that they will get their money back. They will however, not make a lot of return.
We can therefore conclude that Delia is pursuing a low risk and low return strategy.
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The current account balance equals ______. a. exports minus imports plus net interest and net transfers
Answers
The current account balance equals exports minus imports plus net interest and net transfers.
Trade balance, minus factor income and cash transfers, and current account (balance of payments). A checking account held at a bank or another financial organization is referred to as a current account (banking). a flexible mortgage loan called a current account mortgage.
A country's current account in economics keeps track of the value of its exports, imports, and international capital flows. One of its two balance of payments components, the other being the capital account, is this one.
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When government allow one highly regulated business to control an essential service, such as water treatment, they create:
Answers
Answer:
A natural monopoly
Explanation:
Answer:
A)
Explanation:
a natural monopoly
What is the craziest drink you've gotten at starbucks or dunkin? Tell me the size, how many pumps of syrups (if you get any) and how many scoops of inclusions (if you get any). Tell me everything and be very specific!
Answers
Peppermint Frappé ( Seasonal ) with 17 pumps of peppermint !!!
what difference would it make to the economy if there were no money? What commodities might serve as money instead? Provide reason for your answers.
Answers
Answer:
Well, we would simply be reduced to a barter economy. Therefore we would have to trade items for items.
Explanation:
This is the way it is because "Barter" is The exchange (goods or services) for other goods or services without using money. So if we needed beef, we would have to give the person trading the beef something of ours. As for countries who want to trade, if one needs wool, and one needs iron, and country A has Iron and country B has wool They'd barter the two items.
A special type of project team that focuses on the verse in designing a implement a new product is a
Answers
Answer:
Product development team.
Explanation:
Product development team is special type of team which is formulated for designing a product and implement a new product. The product development team is responsible for the research of the new product and then formulae design for the product and then implement the product.
Money you pay up front to reduce the amount you will owe is called a
A. fixed loan
B. late payment
C. down payment
D. short-term loan
Answers
Answer:
down payment
Explanation:
A down payment is money paid upfront in a financial transaction, such as the purchase of a home or car. Buyers often take out loans to finance the remainder of the purchase price.
Answer:
down payment
Explanation:
Why is market management one of the most important factors for successful business
Answers
Market management is an essential part of running a successful business for a few reasons. First, it helps a business understand its target market and the needs and preferences of its customers. This information is crucial for developing products and services that will be in demand and generate revenue.
Second, effective market management can help a business differentiate itself from its competitors. By understanding the market and its competitors, a business can develop unique products and marketing strategies that will help it stand out and gain a competitive advantage.
Third, market management can also help a business anticipate and respond to changes in the market. This can be especially important in today's fast-paced and ever-changing business environment. By staying on top of market trends and customer needs, a business can adapt and evolve to remain competitive.
Overall, market management is an important factor for successful business because it helps a business understand its customers, differentiate itself from competitors, and respond to market changes.
mention two ways of using money wisely
Answers
please mark Brainliest <3
Identify a true statement about traditional service marketing in service organizations.
a) It assesses profitability based on individual services.
b) It lays emphasis on building a long-term relationship.
c) It focuses primarily on "clients."
d) It approaches need satisfaction from the standpoint of the "whole."
Answers
Thus, option d is the right answer. It approaches need satisfaction from the standpoint of the "whole."
Traditional service marketing in service organizations primarily focuses on the whole rather than individual services. Therefore, a true statement about traditional service marketing in service organizations is that it approaches need satisfaction from the standpoint of the "whole."Explanation:Traditional service marketing aims to help companies increase their profits by giving them a blueprint to follow that will enable them to maximize customer satisfaction. Traditional service marketing concentrates on the big picture, so it is concerned with the entire experience of the customer, not just one service. For instance, a customer might visit a hotel to use the fitness center, spa, or restaurant, and the hotel's focus is to provide a fantastic experience in all of these services.In traditional service marketing, businesses concentrate on long-term customer relationships rather than just making individual sales. The emphasis is on building a long-term relationship. It is all about keeping customers pleased and coming back for more services. Thus, option d is the right answer.
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Dalia Ramirez Anchondo deposits $ 200 into her savings annuity every paycheck. She gets paid weekly. The credit union will pay Dalia 4% compounded quarterly. What is the future value of Dalia in 4 years.
Help me!!!!
Answers
Answer: $41,418.96
Explanation:
There are four quarters in a year and the interest rate is a yearly rate that should be converted to a quarterly rate:
= 4% / 4
= 1%
Delia gets paid $200 a week. There are 12 weeks in a quarter so the quarterly contribution is:
= 200 * 12
= $2,400
The number of quarters she invests is:
= 4 * 4years
= 16 quarters
As this payment is constant, it is an annuity.
Value after 4 years will be:
= Annuity * Future value interest factor of annuity, 1%, 16 periods
= 2,400 * 17.2579
= $41,418.96
in the hvacr trade tubing is joined together by what?
Answers
Answer:
Copper tubing is joined using flare connection, compression connection, pressed connection, or solder. Copper offers a high level of corrosion resistance but is becoming very costly.
in 2017, the united states exported approximately $500 million of beef to mexico, and mexico exported approximately $500 million of beef to the united states. which of the following best explains this international supply chain?
Answers
In 2017, the United States exported approximately $500 million of beef to Mexico, and Mexico exported approximately $500 million of beef to the United States. The best explanation for this international supply chain is Interdependence.
What is Interdependence?Interdependence refers to the mutual reliance between two or more groups in which each group relies on one another for some form of economic or social survival. Interdependence is a fundamental concept in international trade, as countries depend on each other to provide goods and services that they cannot produce themselves.
When countries trade with each other, they can access a wider range of goods and services, which helps to increase productivity and improve living standards.Interdependence is evident in the trade of beef between the United States and Mexico. By trading with each other, both countries are able to access a wider range of beef products that they would not be able to produce on their own. This helps to increase productivity, improve living standards, and create jobs in both countries.
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Differentiate between electricity geyser and gas geyser
Answers
But I’ll just say the difference between electrical and gas
They are very unique since gas is made out of air it is ineffective
While elictricty does the real difference about them is electricity can have effect on this world and life on it
And the side effect is the gas from it’s like pollution so yah that’s it
Suppose that f and g are functions that are differentiable at x = 1 and that f(1) = 2, f '(1) = −1, g(1) = −2, and g'(1) = 3. Find h'(1). h(x) = (x2 + 5)g(x)
Answers
The value of h'(1) is 14. This means that at x = 1, the rate of change of the function h(x) is 14.
To find the derivative of the function h(x) = (x^2 + 5)g(x), we use the product rule of differentiation. The product rule states that if we have two functions f(x) and g(x), the derivative of their product f(x)g(x) is given by:
(f(x)g(x))' = f'(x)g(x) + f(x)g'(x)
Applying the product rule to our function h(x) = (x^2 + 5)g(x), we differentiate each part separately.
The derivative of (x^2 + 5) with respect to x is 2x, and the derivative of g(x) with respect to x is g'(x).
Therefore, the derivative of h(x) is given by:
h'(x) = (x^2 + 5)g'(x) + g(x)(2x)
To find h'(1), we substitute x = 1 into the derivative expression:
h'(1) = (1^2 + 5)g'(1) + g(1)(2(1))
Simplifying further, we use the given values for g'(1) and g(1):
h'(1) = (1 + 5)(3) + (-2)(2)
h'(1) = 6(3) - 4
h'(1) = 18 - 4
h'(1) = 14
Therefore, the value of h'(1) is 14. This means that at x = 1, the rate of change of the function h(x) is 14.
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Within a ________________________ economy, we often see both producers and consumers responding to the incentive of price changes.
Answers
In a market economy, both producers and consumers respond to the incentive of price changes.
What is the economy?
An economy is an area where products and services are produced, distributed, and traded as well as consumed by various agents.
A market economy is an economic system in which all suppliers and consumers are unhindered by price controls or restrictions on contract freedom and where decisions regarding investment, production, and distribution to consumers are guided by the price signals created by the forces of supply and demand.
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PLEASE HELP I'VE BEEN TRYING TO FIGURE THIS OUT FOREVER Select the correct answer. According to TARP, on average, what percentage of unhappy customers leave without complaining?
A. 10 percent
B. 25 percent
c. 95 percent
d.50 percent
Answers
The answer is 95%.
The percentage is 95%, it is actually 96% but 95 is the closest answer.
Answer:
c.) 95 percent
Explanation:
took on edmentum is correct
What are TWO types of errors which would not be disclosed by a trial balance?
Answers
Answer:
Let me explain
Explanation:
A trial balance is a statement that lists all the accounts in the general ledger along with their debit or credit balances. It is used to ensure that the total debits equal the total credits and to detect any errors in the accounting records. However, there are certain types of errors that may not be disclosed by a trial balance. Two examples of such errors are:
1. Error of Omission: This type of error occurs when a transaction is completely left out of the accounting records. For example, if a payment is made to a supplier but is not recorded in the accounts payable ledger, the trial balance will still balance because the payment is recorded in the cash account. However, the accounts payable balance will be understated, and the financial statements will be incorrect.
2. Error of Commission: This type of error occurs when a transaction is recorded incorrectly. For example, if a payment of $1,000 is recorded as $100 in the accounts payable ledger, the trial balance will not balance because the total debits will not equal the total credits. However, the error will not be immediately obvious, and it may be difficult to locate and correct.
In summary, a trial balance may not detect errors of omission, where transactions are completely left out of the accounting records, and errors of commission, where transactions are recorded incorrectly.
A real estate broker has a computerized loan origination (CLO) terminal in her office. Because there are more than a dozen lending institutions in the city, the broker has found that the CLO greatly streamlines the application process for her clients. She sits down at the terminal with a homebuyer and these three events take place:
1. The broker explains that there is a fee for using the terminal of one-half point, based on the loan amount, and that the homebuyer may choose to finance the fee.
2. The broker explains only the different kinds of services offered by the two local lenders who pay her a monthly screen fee to be included on the CLO system.
3. The broker helps the homeowner answer the on-screen qualification questions.
Which of these events is an improper use of a CLO system?
a. 1 only
b. 2 only
c. 2 and 3
d. 1
Answers
Answer:
d because d is the best answe
summarize Accountable Care Organization (ACO) 2009 article, by
the Brookings Institute
Answers
Accountable Care Organization (ACO) is an emerging model in health care delivery that seeks to tie provider reimbursements to quality metrics and reductions in the total cost of care for a certain patient population.
The article written in 2009 by the Brookings Institute aims to discuss Accountable Care Organizations (ACO).Accountable Care Organizations are a new concept for health care delivery, which focus on tying provider reimbursements to quality metrics and reductions in the total cost of care for a certain patient population. The Brookings Institute report defines ACOs as a “group of providers who are held accountable for the care of a defined group of beneficiaries.”
ACOs are groups of healthcare providers, who have come together to provide integrated health care services to a particular group of patients. They focus on creating a coordinated system of care that meets the individual needs of each patient, with a goal of reducing overall healthcare costs.In ACOs, hospitals, primary care physicians, specialists, and other healthcare providers work together to create a more efficient system of healthcare delivery.
The report mentions that the success of ACOs depends on several factors, including the development of robust data analytics systems, the creation of a culture of collaboration among providers, and the development of effective care management protocols. The report highlights that ACOs are still in the early stages of development and there is still much to learn about how best to design and implement them.
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Which type of chart or graph shows data with distinct x and y values?
O a bar graph
O a scatter plot
O a line chart
O a pie chart
Answers
Answer:
A. a bar graph is the answer
A planned order cannot be changed as to quantity or finish date when it is being converted.
(a) True
(b) False
Answers
The statement is false as a planned order can be changed in terms of quantity or finish date during the conversion process into a production order.
During the conversion process of a planned order into a production order, it is possible to make changes to the quantity or finish date. This flexibility allows for adjustments based on more accurate production requirements, optimizing the use of resources and ensuring that production schedules align with the current needs of the organization.
The conversion order, which specifies the start and end dates as well as the quantity to be produced, serves as the basis for converting the planned order into a production order. It provides an opportunity to modify the planned order to better reflect the actual production needs.
In conclusion, the statement "A planned order cannot be changed as to quantity or finish date when it is being converted" is indeed false.
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evaluate three ways in which employment will minimize emotional stress
Answers
Answer:
Workplace is a different environment. If you are stress by your home then being in a workplace can help you stay away from the source of stress.
Your workmates is a potential source of happiness.
Being paid by the task that you have done.
Explanation:
The ways employment will minimise emotional stress are:
Employment provides a source of income with which employees can afford to buy items that would make them happy. As a result of employment, people are able to socialise with other workers. This would prevent isolation and reduce emotional stress. As a result of employment, people becomes less bored and more productive. This can eliminate emotional stress.What is employment?Employment is when labour has a job that they earn an income from. Working as a teacher is a form of employment.
Employment is a source of income, friendship and an avenue for socialisation. These can minimise emotional stress.
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what describes initial public offering?
Answers
Answer:
refers to the process of offering shares of a private corporation to the public in a new stock issuance. Public share issuance allows a company to raise capital from public investors.
Explanation:
Scale efficiencies are the cost advantages that enterprises obtain as fixed costs are spread out over more units of output. But some companies sacrifice scale efficiencies for responsiveness to local conditions. In these companies, country managers understand local laws, customs, and tastes and can decide how to meet them and increase sales. This global strategy is called
Answers
Answer: multi-domestic strategy
Explanation:
A multi-domestic strategy refers to a strategy whereby a company responds to the local market by making and customizing their product in order to match the different national conditions.
The strategy enables the multinational's individual subsidiaries to be able to compete independently in the domestic markets. An example of a multidomestic company that uses the multidomestic strategy is Nestlé which utilizes its marketing approach for the markets where it operates as it tastes is based on the needs of the people in the country.
The command economies of the former Soviet Union and of Eastern Europe failed due to: Multiple select question. lack of investment. poorly educated and trained labor force.
Answers
The command economies of the former Soviet Union and Eastern Europe failed due to lack of investment and poorly educated and trained labor force.
The command economies of the former Soviet Union and Eastern Europe faced multiple challenges that led to their failure. One of the key factors was the lack of investment. Command economies rely heavily on state control and central planning, which often resulted in inefficient allocation of resources and limited incentives for investment. The lack of private ownership and competition hindered innovation and productivity growth, leading to stagnant economic performance.
Another significant factor contributing to the failure was the poorly educated and trained labor force. In command economies, the government typically controlled the education system and often prioritized ideological conformity over quality education. As a result, the labor force lacked the necessary skills and knowledge to adapt to technological advancements and global market demands. This hindered economic diversification, competitiveness, and overall productivity.
Furthermore, the absence of market mechanisms and price signals in command economies made it challenging to determine the true value of goods and services. Central planning systems often led to overproduction of certain goods while neglecting others, resulting in imbalances and inefficiencies. The lack of responsiveness to market demands and consumer preferences contributed to a decline in the quality and variety of goods available.
Additionally, the absence of a competitive market environment and private sector entrepreneurship limited innovation and stifled economic growth. Command economies relied heavily on state-owned enterprises, which lacked the incentives and flexibility to adapt to changing market conditions. This lack of dynamism and adaptability prevented these economies from keeping pace with the global economic developments.
In conclusion, the failure of the command economies in the former Soviet Union and Eastern Europe can be attributed to a combination of factors, including the lack of investment and a poorly educated and trained labor force. These factors hindered economic growth, innovation, and efficiency, ultimately leading to the collapse of the command economy model in these regions.
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What do the ending balances of permanent accounts for one fiscal period represent at the beginning of the next fiscal period?.
Answers
The ending balances of permanent accounts represent the beginning balances of such accounts for the following fiscal period.
What is fiscal period ?A fiscal period, also known as a fiscal year, is a 12-month period in which a business entity accounts for all transactions and events involving that company. The 12-month period does not always correspond to the calendar year, or January 1st to December 31st.A fiscal year is when a company accounts for all of its occurrences over the course of a year. Typically, businesses base their year on the calendar year. Because taxes are always calculated by the calendar year, this simplifies tax calculation.Companies use the fiscal period concept because it is easier to calculate financials if the company's financials resemble the company's natural business cycle.Many annual government fees are levied on a fiscal year basis, such as council tax and licence fees, but others are charged on an anniversary basis.To learn more about fiscal period refer :
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The value of the set of employee behaviors that contribute, either positively or negatively, to organizational goals is known as__________. Group of answer choices job satisfaction task orientation organizational commitment job performance
Answers
The value of the set of behaviors as described above that are important to the organization is known as job performance.
What is job performance?Refers to how well employees work towards achieving the goals of an organization. Can contribute negatively to those goals if not done right.Employees are hired to help a company achieve its goals and objectives and the work they do has a value. This value is called job performance and is what makes or breaks a company.
In conclusion, option D is correct.
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Investors minimize risk by investing money in __________. A. one specific company B. a variety of companies C. newly-formed corporations D. companies that are competitors Please select the best answer from the choices provided A B C D
Answers
Answer: B. a variety of companies
Explanation:
Investors minimize risk by investing money in a variety of companies. The reason for this is to minimize risk. Investing in one specific company isn't ideal because in the case of the company running at a loss, the investor loses all his or her money as well.
On the other hand, when the investor invest in different companies, the risk is minimized. When one company isn't doing well, others will probably be doing well.
discuss three consequences of
unemployment on the individuals
Answers
Answer:
it compells an individual to suffer form various problems like financial hardship and poverty, debt, homelessness and housing stress, family tensions ,etc.
Explanation:
hope it may help you
Being unemployed is a highly stressful situation, so it may cause stress-related health issues such as headaches, high blood pressure, diabetes, heart disease.
There ya go. :)