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Answer:
A. a generalization is the correct answer.
Related Questions
as Vincent gets older, he tends to look for high-paying jobs, watch for sales, and search for items and opportunities that invite happiness and fulfillment. What does Vincent's behavior demonstrate?
Answers
Vincent's behavior demonstrates rational self-interest.
What does Vincent's behavior demonstrate?Vincent's behavior of seeking high-paying jobs, looking for sales, and searching for opportunities that bring happiness and fulfillment aligns with the concept of rational self-interest. Rational self-interest refers to individuals making choices and pursuing actions that they believe will maximize their own well-being or self-interest.
In this case, Vincent is actively seeking opportunities that offer financial benefits (high-paying jobs, sales) and personal satisfaction (happiness and fulfillment). His actions are driven by the desire to improve his own economic and personal circumstances which is indicative of rational self-interest.
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Suppose that Rajiv, an economist from a research institute in Texas, and Simone, an economist from a public television program, are arguing over government bailouts. The following dialogue shows an excerpt from their debate:
Simone: Thanks to recent financial crises, the concept of bailouts is a hot topic for debate among everyone these days.
Rajiv: Indeed, it's gotten crazy! A government bailout of severely distressed financial firms is unnecessary because free markets will properly price assets.
Simone: I don't know about that. Without a bailout of severely distressed financial firms, the economy will experience a deep recession.
The disagreement between these economists is most likely due todifferences in scientific judgments .
Despite their differences, with which proposition are two economists chosen at random most likely to agree?
Business managers can raise profit more easily by reducing costs than by raising revenue.
Employers should not be restricted from outsourcing work to foreign nations.
Central banks should focus more on maintaining low unemployment than on maintaining low inflation.
Answers
Employers should not be restricted from outsourcing work to foreign nations.
The proposition are two economists chosen at random most likely to agree: Employers should not be restricted from outsourcing work to foreign nations.
What do you mean by outsourcing?Outsourcing is known to be a kind of an agreement where a single firm tends to hires another firm to be solely responsible for a given planned or existing activity.
Note that Outsourcing is seen as the a business practice where a firm hires a third-party to carry out functions and as such, Employers should not be restricted from outsourcing work to foreign nations. The proposition are two economists chosen at random most likely to agree: Employers should not be restricted from outsourcing work to foreign nations.
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2.suppose 40% of the people entering X electronics store this month make a purchase. If 10 people enter the store, find the expected number making a purchase. Suppose that for the next month X electronics store forecasts 1000 customers will enter the store. (i)What is the expected number of customers who will make purchase? (ii) Find also the Standard Deviation.
Answers
i) The expected number of customers who will make a purchase in the current month is 4.
ii) The standard deviation for the number of customers making a purchase in the current month is approximately 1.55.
To find the expected number of customers making a purchase, we can multiply the total number of customers entering the store by the probability of making a purchase.
(i) For the current month:
Number of people entering the store = 10
Probability of making a purchase = 40% = 0.4
Expected number of customers making a purchase = Number of people entering the store * Probability of making a purchase
Expected number of customers making a purchase = 10 * 0.4
Expected number of customers making a purchase = 4
Therefore, the expected number of customers who will make a purchase in the current month is 4.
(ii) To find the standard deviation, we need to consider the binomial distribution since the number of customers making a purchase follows a binomial distribution with parameters n (number of trials) and p (probability of success).
For the current month:
n = Number of people entering the store = 10
p = Probability of making a purchase = 0.4
q = Probability of not making a purchase = 1 - p = 1 - 0.4 = 0.6
Standard deviation (σ) of a binomial distribution is given by the formula:
σ = √(n * p * q)
Substituting the values:
σ = √(10 * 0.4 * 0.6)
σ = √(2.4)
σ ≈ 1.55
Therefore, the standard deviation for the number of customers making a purchase in the current month is approximately 1.55.
For the next month, if the store forecasts 1000 customers to enter the store, we can use the same calculations with updated values of n and p to find the expected number of customers making a purchase and the standard deviation.
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compare and contrast the relevance of establishing national and international partners as means of supporting education in a school pptx
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Title: Establishing National and International Partners to Support Education in Schools
Slide 1:
Introduction
- Welcome to the presentation on the relevance of establishing national and international partners to support education in schools.
Slide 2:
Definition of National Partners
- National partners refer to organizations, institutions, or individuals within the same country as the school.
- These partners collaborate with schools to enhance educational opportunities and resources.
Slide 3:
Benefits of National Partnerships
- Close proximity allows for easier coordination and communication.
- National partners can provide funding, expertise, and resources tailored to local educational needs.
- Collaboration with national partners promotes a sense of community and national identity.
Slide 4:
Examples of National Partners
- Local businesses and corporations can offer financial support, mentorship programs, or internship opportunities for students.
- Non-profit organizations can provide after-school programs, educational materials, or specialized training for teachers.
Slide 5:
Definition of International Partners
- International partners are organizations, institutions, or individuals from different countries collaborating with schools.
- These partnerships enable cross-cultural exchanges and global learning experiences.
Slide 6:
Benefits of International Partnerships
- Exposure to diverse perspectives and cultures fosters global awareness and understanding.
- International partners can offer access to innovative teaching methods, best practices, and research findings.
- Collaboration with international partners enhances the school's reputation and expands educational horizons.
Slide 7:
Examples of International Partners
- Sister school programs facilitate cultural exchanges and joint projects between schools from different countries.
- International organizations, such as UNESCO or UNICEF, can provide funding, training, and resources for educational development.
Slide 8:
Comparison: National vs. International Partnerships
- National partnerships focus on addressing local educational needs and fostering a sense of national identity.
- International partnerships emphasize global awareness, cross-cultural exchanges, and access to international resources.
Slide 9:
Contrast: National vs. International Partnerships
- National partnerships benefit from close proximity, easier coordination, and tailored resources.
- International partnerships offer exposure to diverse perspectives, global learning experiences, and access to innovative practices.
Slide 10:
Conclusion
- Establishing both national and international partnerships is crucial for supporting education in schools.
- National partners contribute to local needs, while international partners offer global perspectives and resources.
- By collaborating with partners, schools can enhance the quality of education and provide students with diverse learning opportunities.
Slide 11:
Thank you!
- Any questions or discussions are welcomed.
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A ________ externality exists when the number of customers who purchase a good or use it influences the quantity demanded.
Answers
Answer: network
Explanation:
Network externality simply states that demand for a good or service has to do with how other people demand for that particular good or service. It means consumer's buying patterns are influenced by the purchase of others buying the product.
Therefore, a network externality exists when the number of customers who purchase a good or use it influences the quantity demanded.
"At the market opening, a customer purchases 200 shares of an S&P 500 Inverse ETF (-1x) at $50 per share. At the end of that day, the S&P 500 Index declines by 10%. The next day, the index partially recovers and closes up 5%. What will be the market value of the 200 share position?"
Answers
Answer:
Market Value of the 200 share position:= 200 x $47.25
= $9,450
Explanation:
a) Data and Calculations:
Purchase of 200 shares of an S&P 500 Inverse ETF (-1x) at $50 per share
= $10,000 at beginning on purchase date.
Value at the end of the day = $9,000 ($10,000 x 0.90)
Value at the end of the next day = $9,450 ($9,000 x 1.05)
Another way to calculate the above is to concentrate on the unit price
Therefore, purchase price = $50 per share
Value on purchase date = 200 x $50 = $10,000
End of the purchase day price = $45 ($50 x 90%)
Value at the end of the day = 200 x $45 = $9,000
Next day price = $47.25 ($45 x 1.05)
Value next day = 200 x $47.25 = $9,450
Exploration of how AI could be used to enhance SpaceX's 3D printing capabilities
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AI will help SpaceX reduce costs and improve the quality of the 3D printed rocket parts leading to a more effective and efficient space program.
For SpaceX's 3D printing capabilities AI can be used to enhance the printing process, improve quality control, and optimize the design of rocket parts. To identify and address potential problems during the printing process. AI can analyze large datasets of quality inspection data and sensor data.
Additionally, by analyzing material data and identifying new materials that can be used in 3D printing, AI algorithms can be used to forecast when maintenance on 3D printers is necessary. The use of AI may ultimately result in a more effective space program, lower costs and better quality 3D printed rocket parts.
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A bank in Austin, Texas, has allowed its state banking license, under which it had been regulated by the Federal Deposit Insurance Corporation, a U.S. bank regulator, to expire. It has switched to a federal banking license, under which it is now regulated by the Office of the Comptroller of the Currency, another bank regulator. Do these regulators subject the bank to social or economic regulation?
Answers
Answer: c. economic regulation because they regulate only the activities of banks.
Explanation:
Economic Regulation refers to rules, regulations and policies that are established by a Governmental or Independent Adminstrative agency with the aim being to monitor the entrance of new firms as well as the activities of existing firms in an industry including the financial industry. They help protect the industry through their actions and are thus very important.
A very important example of such an organization is the Office of the Comptroller of the Currency. They have the mandate of regulating all national Banks including foreign Banks as well. As the regulator of such an industry and going by the definition of an Economic regulation, the regulation they apply is Economic in nature to ensure that the banks behave in such a way that will not be detrimental to the industry and the Economy.
Inferring Values Using the Income Statement and Balance Sheet Equations Review the chapter explanations of the income statement and the balance sheet equations. Apply these equations in each of the following independent cases to compute the two missing amounts for each case. Assume that it is the end of the first full year of operations for the company. TIP: First identify the numerical relations among the columns using the balance sheet and income statement equations. Then compute the missing amounts. Independent Total Total Net Total Total Stockholders' Cases Revenues Expenses Income (loss) Assets Liabilities Equity A A $100,000 82,000 $150,000 70,000 $ B 80,000 12,000 112,000 60,000 C 80,000 86,000 104,000 26,000 D 50,000 13,000 22,000 77,000 E 81,000 (6,000) 73,000 28,000
Answers
Answer:
The solution and the calculation is shown on the first uploaded image
Explanation:
An exchange economy has two consumers, named Jimmy and Sue, and two commodities, apples and bananas. Jimmy’s initial endowment is 2 units of apples and 4 unit of bananas. Sue’s initial endowment is 4 apples and 4 units of bananas. Jimmy’s utility function over apples and bananas is U(AJ, BJ) =AJ1/2 BJ1/2. Sue’s utility function is of the form U(AS, BS) =AS+BS, where AJ and BJ are the amounts of apples and bananas for Jimmy and AS and BS are amounts of apples and bananas for Sue.The equation of the contract curve in terms of Jimmy’s coordinates is:________
a. BJ= 2AJ
b. BJ=(A2J)/2
c. BJ=AJ
d. BJ= (8AJ)/(1+AJ)
e. None of the above
Answers
Answer:
(a) BJ = AJ
In equilibrium, apples and bananas have the same price.
Jimmy’s consumption bundle must be 3 apples and 3 bananas
i just did this
Explanation:
mrk me brainliest pleasee
In 2015, national income in the United States was $15,665.3 billion. In the same year, 148.8 million workers were employed, at an average wage, including benefits, of $62,187 per worker per year.
Answers
Answer:
Dang thats alot no cap
Explanation:
which of the following marketing variables is concerned with hiring and training of an organization sales force?
Answers
Sales force management is a critical marketing variable that ensures the organization has a skilled, motivated, and well-trained sales force capable of effectively promoting and selling its products or services.
The marketing variable concerned with hiring and training an organization's sales force is known as "Sales Force Management." Sales force management involves the activities and strategies that a company employs to recruit, select, train, motivate, and evaluate its sales team. It focuses on building an effective and efficient sales force that can effectively communicate the value proposition of the company's products or services to customers.
Hiring the right individuals for the sales force is a crucial aspect of sales force management. This involves identifying the desired qualities and skills for sales representatives, conducting recruitment processes such as job postings, interviews, and assessments, and selecting candidates who align with the organization's sales objectives and culture.
Once the sales team is assembled, training plays a vital role in equipping them with the necessary knowledge, skills, and techniques to perform their roles effectively. Sales training programs can cover a range of areas, including product knowledge, selling techniques, customer relationship management, negotiation skills, and communication skills. The goal is to enhance the sales team's capabilities and empower them to meet customers' needs, overcome objections, and close sales successfully.
In addition to hiring and training, sales force management also involves motivating and incentivizing the sales team to achieve their targets and goals. This may include designing commission structures, recognition programs, sales contests, and providing ongoing support and feedback to drive performance.
Furthermore, evaluating the performance of the sales force is another important aspect of sales force management. Regular performance evaluations help identify areas for improvement, provide feedback to individual sales representatives, and enable the organization to make informed decisions regarding promotions, rewards, or further training and development.
Overall, It plays a significant role in driving sales growth, building customer relationships, and achieving the company's marketing objectives.
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Parker Company uses a job-order costing system and applies manufacturing overhead to jobs using a predetermined overhead rate based on direct labor-hours. Last year manufacturing overhead and direct labor-hours were estimated at $50,000 and 20,000 hours, respectively, for the year. In June, Job #461 was completed. Materials costs on the job totaled $4,000 and labor costs totaled $1,500 at $5 per hour. At the end of the year, it was determined that the company worked 24,000 direct labor-hours for the year and incurred $54,000 in actual manufacturing overhead costs. Required: a. Job #461 contained 100 units. Determine the unit product cost that would appear on the job cost sheet. b. Determine the underapplied or overapplied overhead for the year.
Answers
Answer:
Instructions are below.
Explanation:
First, we need to calculate the predetermined overhead rate:
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= (50,000/20,000)
Predetermined manufacturing overhead rate= $2.5 per direct labor hour
Now, we can determine the total cost and unitary cost of Job 461:
Direct labor hours= 1,500/5= 300
Total cost= 4,000 + 1,500 + 2.5*300= $6,250
Unitary cost= 6,250/100= $62.5
To calculate the under/over allocation, first, we allocate overhead for the whole company:
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Allocated MOH= 2.5*24,000= $60,000
Under/over applied overhead= real overhead - allocated overhead
Under/over applied overhead= 54,000 - 60,000
Under/over applied overhead= $6,000 overallocated
Explain in details 4 different ways in which Information is Critical to an entrepreneurship
Answers
Answer:
Information is critical to entrepreneurship in a variety of ways. Here are four different ways in which information plays a crucial role in entrepreneurship:
Market research: Before starting a business, an entrepreneur needs to understand the market they are entering. They need to know who their target audience is, what their needs and preferences are, and how their product or service can fulfill those needs. This requires gathering and analyzing information about the industry, competitors, and potential customers. This information is critical in determining whether there is a viable market for the product or service, and in shaping the business strategy.
Business planning: Information is also critical in developing a comprehensive business plan. A business plan is a document that outlines the objectives, strategies, and financial projections for the business. To create an effective business plan, an entrepreneur needs to gather information about the market, industry trends, regulatory environment, and the financial aspects of the business, such as startup costs and revenue projections. This information helps the entrepreneur develop a realistic plan that addresses potential challenges and opportunities.
Risk management: Entrepreneurship is inherently risky, and information is critical in managing that risk. An entrepreneur needs to gather and analyze information about potential risks and challenges, such as changes in market conditions, economic trends, or technological advancements. This information can help the entrepreneur develop contingency plans, diversify their offerings, or adjust their business strategy to mitigate the risks.
Innovation: Finally, information is critical to driving innovation in entrepreneurship. Entrepreneurs need to stay up-to-date with the latest trends, technologies, and market changes to stay ahead of the competition. They need to gather and analyze information about new products, services, and business models to identify potential opportunities for innovation. This information can help entrepreneurs develop new products or services, improve existing offerings, or create entirely new business models that disrupt traditional industries.
In summary, information is critical to entrepreneurship in market research, business planning, risk management, and innovation. Gathering and analyzing information allows entrepreneurs to make informed decisions, identify opportunities, and manage risks, all of which are essential to building a successful business.
Explanation:
1. Market Research:
Market research is an essential aspect of entrepreneurship. It involves gathering and analyzing information about potential customers, competitors, and market trends. This information can help entrepreneurs identify market opportunities, assess the viability of their business ideas, and make informed decisions about product development, marketing strategies, pricing, and distribution. Without accurate and up-to-date information, entrepreneurs may miss out on opportunities or launch products that fail to meet the needs of their target customers.
2. Financial Planning:
Entrepreneurs need to have a solid understanding of their business's financials to make informed decisions about budgeting, investments, and pricing. They need to know how much money they need to start and run their business, how much revenue they can generate, and what their profit margins are. This information can help entrepreneurs identify potential investors, negotiate with suppliers and partners, and plan for growth and expansion. Without accurate financial information, entrepreneurs may make costly mistakes that could jeopardize their business's survival.
3. Networking:
Networking is another critical aspect of entrepreneurship. Entrepreneurs need to build relationships with potential customers, suppliers, partners, and investors to grow their business. They need to know who the key players are in their industry, what their needs and interests are, and how they can add value. This information can help entrepreneurs identify potential collaborators, negotiate deals, and gain access to resources and expertise. Without networking and access to information, entrepreneurs may struggle to establish themselves in their industry and miss out on critical opportunities.
4. Innovation:
Entrepreneurship is often associated with innovation, and information plays a vital role in this process. Entrepreneurs need to stay up-to-date with new technologies, trends, and ideas that can help them create new products or services or improve existing ones. They need to know what their customers want, what their competitors are doing, and what's happening in their industry. This information can help entrepreneurs identify unmet needs, develop new solutions, and differentiate themselves from their competitors. Without access to information, entrepreneurs may miss out on opportunities to innovate and create value.
In conclusion, information is critical to entrepreneurship in many ways. It helps entrepreneurs make informed decisions, identify opportunities, build relationships, and innovate. Without access to accurate and up-to-date information, entrepreneurs may struggle to succeed in their ventures.
what is the explanation of how 3D printing gives SpaceX a competitive advantage
and
Exploration of how AI could be used to enhance SpaceX's 3D printing capabilities
Answers
3D printing offers your organization a genuinely necessary upper hand. It permits you to create models quicker, decreases the expense of creation, requires less info (HR and gear), and diminishes above.
SpaceX involves 3D printing in their designing and assembling processes, including printing parts for rocket motors, spouts, and primary parts for the Bird of Prey 9 and Hawk Weighty rockets and Mythical serpent shuttle.
The improvement of an ML framework that utilizes PC vision to screen the creation cycle and fix material dealing with shortcomings continuously. The fundamental benefits of 3D printing are diminishing expenses, less waste, decreased time, getting an upper hand, lessening mistakes, classification, and creation on request.
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In the United States, which of the following is
true about the Federal Reserve?
A. The Federal Reserve is in charge of all tax collection.
B. The Federal Reserve is in charge of printing all cash and coins.
C. The Federal Reserve is in charge of international trade.
D. The Federal Reserve is in charge of all investments.
Answers
Answer:
it's the c
Explanation:
True or False: A dollar today is worth less than a dollar tomorrow. Group of answer choices True False
Answers
Answer:
I think true
Explanation:
a dollar today would cost more than it did tomorrow because of inflation...
How does the slope of a supply or demand curve differ from elasticity of supply or demand?
Answers
The slope of a supply or demand curve differ from elasticity of supply or demand are to represent quantities to prices because of changes in the level of prices to changes in the level of quantity supply or demand.
What is demand?The term “demand” is believing on people wants and desires to the amount of money of goods and services. Demand is an economic notion that deals with the relation between user demand for goods and services and their market prices.
The slope of a supply curve is upward basis and the demand curve basis on downward to the right was the straight line. It was the change of prices in the level of quantity supply or demand. Elasticity of supply or demand was the quantity to price demanded or supplied.
As a result, the conclusion of the difference between are the aforementioned.
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Individual Assiment Journalize the following tran- 1. Ato yimer took Birr 450,000 from his personal savings and deposited it i ansport. y 2. Bati Transport purchased two used trucks for Birr 150,000 each, on cash.. ary 4. Bati Transport received a check for Birr 650 for services given to Alem Trading. mary 4, Received an invoice for truck expenses Birr 90. uary 11. Paid Birr 600 for Awash Insurance Company to buy an insuran trucks. nuary 16. Ato Yimer issued a check for Birr 9,400 to the workers as a salary for two weeks. anuary 20. Bati trading Billed Muradu Supermarket for goods transported from Djibouti to Gondar Birr 7,550 aanuary 21. Ato Yimer wrote a check for birr 450 to have one of the trucks repainte nuary 21. Bati trading purchased stationary materials and other supplies of Birr account muary 22. Office equipment of Birr 11,600 is bought on account. nuary 23. Purchased an additional truck for Birr 250,000 paying birr 100,000 in and issuing a note for the difference. uary 23. Recorded services billed to customers on account birr 14,600. muary 25. Received cash from customers on account Birr 15,000. ary 27. The owner withdrew Birr 500 in cash for his personal use. ary 28. Paid Birr 9,400 to workers as a salary for the last two weeks of the mary 30. Paid telephone expense of Birr 95 and electric expenses of Birr 12 month. ary 30. Paid other miscellaneous expenses Birr 50. ary 31. Paid Birr 4,000 as a rent or a building used for office space.
Answers
Here is the journalized version of the transactions:
January 4:
Cash (150,000 x 2) + 300,000
Trucks 300,000
January 4:
Cash 650
Service revenue 650
January 5:
Truck expenses 90
Cash 90
January 11:
Insurance expense 600
Cash 600
January 16:
Salaries expense 9,400
Cash 9,400
January 20:
Accounts Receivable 7,550
Service revenue 7,550
January 21:
Repairs expense 450
Cash 450
January 21:
Office supplies expense xxx
Accounts Payable xxx
January 22:
Office equipment xxx
Accounts Payable xxx
January 23:
Trucks 250,000
Notes Payable 150,000
Cash 100,000
January 23:
Service revenue 14,600
Accounts Receivable 14,600
January 25:
Accounts Receivable 15,000
Cash 15,000
January 27:
Owner's Drawing 500
Cash 500
January 28:
Salaries expense 9,400
Cash 9,400
January 30:
Telephone expense 95
Electricity expense 12
Miscellaneous expense 50
Cash 157
January 30:
Rent expense 4,000
Cash 4,000
which of the following was a way internal social and economic divisions shaped colonial responses to british policies?
Answers
A manner inner social and monetary divisions formed colonial responses to British policies changed into rich colonists joined the attempt to repudiate the stamp act; this changed into now not a class conflict, many rich colonist made common cause with the farmers, artisans and the terrible.
A rich colonist in the 16th century was a wealthy individual who had the means to settle and establish a new colony in a foreign land. These individuals often held positions of power and influence in their home countries and saw colonization as an opportunity to expand their wealth and influence. They invested large sums of money in establishing settlements, which included acquiring land, building infrastructure, and providing supplies for the settlers.
Rich colonists typically brought with them a retinue of servants and laborers, and often had a large family and social network. They played a critical role in the colonization process, as they provided the financial resources necessary to establish a colony and sustain its growth. While many of these wealthy colonists were successful in establishing profitable settlements, others encountered significant challenges and setbacks, including disease, famine, and conflict with local populations.
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Most central bankers would agree with which of the following regarding monetary policy? A. the benefits outweigh the costs B. the costs outweigh the benefits C. the benefits are equal to the costs
Answers
Most central bankers would agree that option A, the benefits outweigh the costs, regarding monetary policy.
What would Most central bankers would agree with?Central bankers generally believe that monetary policy can be an effective tool for achieving these goals, and that the benefits of monetary policy (such as economic stability and growth) outweigh the costs (such as inflationary pressures or unintended consequences).
However, the exact balance of benefits and costs can vary depending on the specific circumstances of the economy and the policies being implemented.
Therefore the correct option is A.
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If consumers expect the price of a good to rise in the near future how would this most likely affect demand
Answers
The demand for a good today declines if a customer waits to purchase it because they anticipate the price of that good to decrease in the future. The demand for the good today, however, rises if a buyer anticipates a price increase in the future.
How would you anticipate a good's demand curve to change if its price rose?Demand declines when price rises and decreases in quantity demanded (but demand itself stays the same). Quantity requested rises when the price declines. The Law of Demand is this. An inverse relationship is shown on a graph as a line that slopes downhill from left to right.
when the expected future price of a good rises?When the anticipated future price of a good rises, so does the current demand for that good. When the price of a good is expected to decrease in the future, the current demand for that good decreases. a good for which demand increases with higher income and decreases with lower income. If a buyer waits to buy a good because they believe the price will go down in the future, the demand for that good today decreases. On the other hand, if a buyer expects a price increase in the future, demand for the good today increases.
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What principle of corporate governance requires companies to operate in ways that respect the social and legal relationships they have with employees and creditors, among others?
A. Interests of other stakeholders
B. Integrity and ethical behavior
C. Integrity and ethical behavior
D. Disclosure and transparency
Answers
Answer:B
Explanation:
Tells us why you would be a great team member and what sets you apart from other candidates
Answers
Sorry but you need to answer this one bud. I would help you if I could but I don't know what makes you, well you. :)
Grixdale Tax Services prepares taxes for individuals. Grixdale offers a simplified pricing model with two alternatives for taxpayers: Standard Deduction or Itemized Deduction. Price and variable costs for the two services are listed below.
Standard Itemized
Sales price (per return) $50.00 $250.00
Variable costs (per return) 10.00 30.00
The annual fixed costs at Grixdale are $262,500. Based on experience, the owner estimates that Standard Deduction returns represent 25 percent of the firms business.
How many Standard Deduction and Itemized Deduction returns must be filed annually to break even?
Answers
Answer: Grixdale Tax Services must file 375 Standard Deduction returns and 1,125 Itemized Deduction returns annually to break even
Explanation:
To determine the break-even point, we need to calculate the total contribution margin, which is the difference between the sales price and variable costs. For the Standard Deduction service, the contribution margin is:
$50.00 - $10.00 = $40.00
For the Itemized Deduction service, the contribution margin is:
$250.00 - $30.00 = $220.00
Next, we need to determine the proportion of total returns that are Standard Deduction returns. We are given that 25 percent of the firm's business is Standard Deduction returns, so the proportion of Itemized Deduction returns is:
1 - 0.25 = 0.75
Now we can set up the equation to solve for the break-even point:
Contribution margin × Total number of returns = Fixed costs
Let x be the total number of returns. Then, the number of Standard Deduction returns is 0.25x, and the number of Itemized Deduction returns is 0.75x. Plugging in the values from the problem, we get:
(40.00 × 0.25x) + (220.00 × 0.75x) = 262,500
Simplifying the equation, we get:
10x + 165x = 262,500
175x = 262,500
x = 1,500
Therefore, the break-even point is 1,500 total returns. To find the number of Standard Deduction and Itemized Deduction returns required to break even, we can multiply the total number of returns by the proportion of each type of return:
Number of Standard Deduction returns = 0.25 × 1,500 = 375
Number of Itemized Deduction returns = 0.75 × 1,500 = 1,125
Therefore, Grixdale Tax Services must file 375 Standard Deduction returns and 1,125 Itemized Deduction returns annually to break even.
Below is a graph of the Murphys' annual expenses. If the Murphys' gross annual household income is $85,420, how much will they pay in federal taxes?
a. $3,559.17
b. $8,542.00
c. $20,500.80
d. $29,897.00
Answers
The Murphys will pay $20,500.80 in federal taxes on an annual gross household income totaling $85,420. Thus, the correct answer is C.
Individual federal income tax rates in the United States are progressive, which means that as taxable income rises, so will the tax rate. Federal income tax rates vary from 10% to 37% and are levied at various income levels. Tax brackets are the income ranges within which the rates apply. Income in each tax group is taxed at the associated rate.
The federal tax rate is 24%, as shown in the pie chart (see the attachment). While the annual gross household income for the Murphys is $85,420. Hence, the amount that the Murphys will pay for federal taxes is:
= \(\frac{24}{100}\) x $85,420 = $20,500.80Hence, the correct answer to this question is C.
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Hello, I need help with a problem please, and thank you.
Answers
a. Using equation method,Break-Even Point is 13,249 units
b. Using contribution margin per unit approach,Break-Even Point is 13,249 units.
What is method ?A method is a set of instructions that are used to achieve a specific task. It is a sequence of steps that are followed to solve a problem or complete a task. Methods may be used in any field, including mathematics, science, engineering, medicine, finance, business, and computer science. Methods are often used to streamline processes and reduce complexity.
c. Preparing contribution margin income statement -Even Sales Volume (in units): 13,249,Sales Revenue: 13,249 x $140 = $1,854,560,Variable Costs: 13,249 x $73 = $967,477,Contribution Margin: $1,854,560 - $967,477 = $887,083,Fixed Costs: $468,000 + $271,200 = $739,200
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Economics
What would likely happen to the supply of electricians if their wages suddenly doubled?
HURRY
Answers
Answer:
it would be harder to get electricinans because it costs more
Explanation:
If the wages of electricians should double then the supply of electrician is also going to double.
What is Supply?This is an increase in the quantity of a good or service that is available at a given price.
There would be more electricians that would be willing to provide more of their labor at an increase in wage. They would like to work more.
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Two things that are positively correlated are:
age and weight in babies.
population and income.
income and gift giving.
age and income in adults.
Two things that are negatively correlated are:
number of men and number of children.
number of women and number of children.
number of menu offerings and restaurant revenue.
good grades and auto accidents.
Answers
Answer:
Age and weight in babies
Explanation:
The doctors check this everytime a baby is born.
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Russ and Sandy are a young 30 something couple who have accumulated a lot of assets in a short amount of time. At
the same time, they also have some debt. Let's take a look:
Assets
Liabilities
Home valued at $478,000
1. What is the value of their large assets?
2. What is the value of their liquid assets?
3. There are 50,000 outstanding shares of litmus. What is their ownership percentage of Litmus? (Hint; Use the percent of ownership formula)
4. What is the value of their personal possessions
5. What is the total value of their assets?
6.What is the value of their major liabilities?
7. What is the value of their minor (personal) liabilities?
8. What is their total liability?
9. What is their total net worth?
10. List Russ and Sandy’s liquid assets.
Answers
2. 286K
3. 28%
4. 79
5.478K
6. 500K
7. 30K
8.530K
9. 600K
10. 1M
Answer:
1. 511000
2. 221844
3. 2 percent
4.26150
5. 758994
6.250150
7. 11185
8. 261335
9. 758994
10. Litmus stock(18,000) checking account(15,250) Savings account(188,594)
Explanation: