a. The profit-maximizing price for the monopolistic seller of designer handbags is $80.
b. The imposition of a $6 tax per unit on sellers will increase the price charged by the monopolist to customers. The new price after the tax is $86.
c. The burden of the tax is shared between the seller and the customers. While the customers bear the increased price, the seller bears the administrative costs and responsibility for collecting and remitting the tax.
a. To calculate the profit-maximizing price, we need to find the quantity where marginal cost equals marginal revenue. In a monopolistic setting, marginal revenue is equal to the price. The marginal cost in this case is constant at $20.
Since the inverse demand curve is given by P = 100 - q, we can rearrange it to q = 100 - P. Substitute this into the marginal cost equation to find the profit-maximizing quantity:
20 = 100 - P
P = 100 - 20
P = 80
Therefore, the profit-maximizing price for this seller is $80.
b. When a $6 tax per unit is imposed on sellers, the price the monopolist charges its customers will increase. The tax is an additional cost that the seller must cover. In this case, the tax is levied on the seller, so the price charged to customers must be adjusted to account for the tax.
The price customers pay will include the tax amount, so the new price the monopolist charges can be calculated by adding the tax to the previous price:
New price = Previous price + Tax
New price = $80 + $6
New price = $86
Therefore, the price the monopolist charges its customers after the tax is $86.
c. The burden of the tax is shared between the seller and the customers. However, in this case, the tax is levied on the seller. Even though the customers bear the increased price, the seller is responsible for collecting and remitting the tax to the government.
Therefore, the seller bears the burden of the tax in terms of administrative costs and the responsibility to collect and pay the tax, while the customers bear the burden in the form of a higher price for the handbags.
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Select the examples that best demonstrate likely tasks for Business Financial Management and Accounting workers.
Check all that apply
Horace documents information about a company's spending on a computer
Sun creates a budget to show how money will be used
Noel creates goals and policies for a company and presents them at a meeting
Jermaine researches a company's potential customers and ways to sell to them.
Selina helps employees and management to negotiate and come to agreement.
Aubrey checks documents and reports to make sure they are accurate and complete
Answer:
A.) Horace documents information about a company’s spending on a computer.
B.) Sun creates a budget to show how money will be used.
F.) Aubrey checks documents and reports to make sure they are accurate and complete.
Explanation:
I did the assignment
Answer:
A.) Horace documents information about a company’s spending on a computer.
B.) Sun creates a budget to show how money will be used.
F.) Aubrey checks documents and reports to make sure they are accurate and complete.
Explanation:
took it on edge 2020 and got it right
What amount do you need to invest to obtain $20,000 at 6 percent simple interest per year, after ten years?
You need to invest $___________
at 6 percent simple interest to obtain $20,000 after 10 years.
(This is a Plato question)
Answer:
12500
Explanation:
6% of 12500 is 750 and 750 times 10 is 7500 and 7500 plus 12500 is 20000
We need to invest $12500 at 6 percent simple interest to obtain $20,000 after 10 years. 6% of 12500 is 750 times 10 is 7500 and 7500+12500=20000.
What is simple interest?Simple interest is an interest charge that borrowers pay lenders for a loan. It is calculated using the principal only and does not include compounding interest. Simple interest relates not just to certain loans. It's also the type of interest that banks pay customers on their savings accounts.
The formula to determine simple interest is an easy one. Just multiply the loan's principal amount by the interest rate by the term. This type of interest usually applies to automobile loans or short-term loans, although some mortgages use this calculation method. Simple interest is calculated by multiplying loan principal by the interest rate and then by the term of a loan.
Simple interest can provide borrowers with a basic idea of a borrowing cost.
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Explain why financial management is an important aspect of a successful business .
Helps in improving the profitability of organisations; Increases the overall value of the firms or organisations; Provides economic stability; Encourages employees to save money, which helps them in personal financial planning.:
terin, the chief human resources officer for a major financial services company, has met with each of her employees to set their objectives. now, terin expects the employees to:
Given that Terin's employees have set their objectives in the company, the next thing that Terin expects from these employees would be to develop action plans.
Option D is the correct answer to this question. The action plans are sets of strategies that the employees have laid out that would help them to achieve their goals and objectives.
In order to do this, they have to make up lists of the things that they want to achieve in the firm and also list the strategies that they would employee to achieve them.
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The theory of _____ in which countries specialize in goods that have a lower opportunity cost, is citied by supporters of free trade
Answer:
comparative advantage
what type of retirement account was established by the taxpayer relief act of 1997?
The Taxpayer Relief Act of 1997 introduced a new type of retirement account called the Roth IRA. This type of account is similar to a traditional IRA, but with some key differences.
With a Roth IRA, contributions are made with after-tax dollars, meaning that the money grows tax-free and can be withdrawn tax-free in retirement. Additionally, there are no required minimum distributions for Roth IRAs, making them a great option for individuals who want to leave money to their heirs. The introduction of the Roth IRA gave individuals more flexibility in planning for retirement and offered a tax-free savings option for those who wanted it.
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Kerr Company uses the income statement approach to estimate bad debt. At the end of 2018, Kerr Company had sales of $500,000 of which $150,000 is currently owing by customers. On the basis of historical sales, 2% of sales is considered uncollectible. Calculate the bad debt expense for the year.
Kerr Company's bad debt expense for the year 2018 is estimated to be $10,000.
To calculate the bad debt expense for Kerr Company using the income statement approach, you'll need to consider the total sales and the percentage of sales that are considered uncollectible.
Total sales for 2018: $500,000
Percentage of sales considered uncollectible: 2%
Hence, the formula for bad debt expense is given as:
Bad debt expense = Total sales * Percentage of uncollectible sales
Plugging in the values into the formula:
Bad debt expense = $500,000 * 0.02
Bad debt expense = $10,000
For the year 2018, Kerr Company's bad debt expense is estimated to be $10,000.
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In parliamentary procedure, a meeting begins when the chair person says which of the following phrases?
a. We will now begin the meeting.
b. The meeting has been called.
C. The meeting will now come to order.
d. There shall be order and commencement.
Answer:
c
Explanation:
got it right on test
In parliamentary procedure, a meeting begins when the chairperson says The meeting will now come to order. Thus option A is correct.
What is parliamentary procedure?A parliamentary system, sometimes known as a parliamentarian system, is a method of democratic government whereby the executive branch obtains the backing of the legislative, usually a parliament, to whom it is answerable.
A really well agenda results in shorter sessions that go more smoothly. The topics that will be covered in what order should be listed on the agenda. Establish a priority list if there are multiple critical items.
Ahead-of-time preparation and the use of agendas is preferred by some boards. This was stating that there will be a commencement. Therefore, option A is the correct option.
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There commencement.
just say sum and ill give you alot of points⇒⇒⇒⇒
1. It's undeniable that technology has come a long way in the past few decades, which means that we can assume it will make leaps and bounds in the coming decades. Put on your creative thinking cap and imagine what a highly technologically advanced hotel may look like in twenty years. Come up with at least three specific technological advances that you might find in a hotel of the future. (They needn't be real yet. You are predicting the possibilities.) Explain these advances, which part of the hotel's operations they will contribute to, and how they will impact the customer experience or hotel operation.
In the next twenty years, hotels will be highly technologically advanced, providing guests with a unique and seamless experience.
What are some Likely Technology Hotels may Use in Twenty Years Time?Here are three attainable technological advances that may be found in a hotel of the future:
Virtual Reality (VR) and Augmented Reality (AR) - VR and AR electronics will be used to enhance the recipient experience by providing immersive knowledge. Guests will be able to use VR headsets to survey the hotel's amenities, to a degree the spa, workout, and restaurants, before they arrive. AR will be used to supply guests accompanying information about the hotel and allure surroundings, in the way that local attractions and restaurants, by completely pointing their smartphone at a sign or object. This electronics will contribute to the lodging's marketing and customer service movements, providing guests accompanying a unique and personalized happening.Smart Energy Management - Smart thermostats and lighting methods will be used to manage energy devouring in hotel rooms. These methods will automatically adjust the hotness and lighting established guest preferences and ownership, reducing strength waste and costs. This technology will contribute to the lodging's sustainability efforts and functional efficiency, providing guests accompanying a comfortable and environmental experience.Contactless Payments - Contactless fees will be the norm in hotels, admitting guests to finance their stay and other services utilizing their smartphone or wearable device. This electronics will contribute to the hotel's fee and check-in operations, lowering wait times and improving the client experience. With the COVID-19 universal, contactless payments have become more influential than ever, and lodgings will continue to prioritize this electronics to ensure the security and comfort of their guests.Learn more about technology here: https://brainly.com/question/7788080
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For Standing Bear Company, sales revenue is $200,000, sales returns and allowances are $5,000, sales discounts are $3,000, and cost of goods sold is $120,000. Net sales is:_________
a) $192,000.
b) $195,000.
c) $ 72,000.
d) $197,000.
The net sales of the given set of data is:
$72,000What is Net Sales?This refers to the addition of a company's gross sales minus the expenses which includes returns, allowances, etc.
The Gross Sales:
Sales revenue: $200,000
Cost of goods sold: $120,000
Total = $200,000 - $120,000
=$80,000
Expenses:
Sales allowances and discounts: $5,000
Sales discounts: $3,000
Total= $5,000 + $3,000
= $8,000
Therefore, net sales = Gross Sales – Returns – Allowances – Discounts
$80,000- $8,000
=$72,000
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Which virtues of the medieval ruling classes did troubadour poetry praise? - valor and honor - material wealth - avoidance of work - devotion to an ideal
- nobility of character
Troubadour poetry of the medieval period often praised the virtues of the ruling classes, including valor and honor, devotion to an ideal, and nobility of character.
Who were Troubadours?Troubadours were poet-musicians who flourished in the courts of the European nobility during the High Middle Ages (11th to 13th centuries). They originated in the region of Occitania, which covered parts of modern-day France, Spain, and Italy, and their poetry and song were written in the Occitan language. Troubadour's poetry was characterized by themes of chivalry, courtly love, and the pursuit of spiritual and romantic ideals. The lyrics of these songs often told stories of knights and ladies and their experiences in love and war.
Troubadours were often members of the nobility themselves and their poetry reflected the ideals and values of the aristocracy. These poems often celebrated the virtues of chivalry, such as courage, bravery, and honor, as well as the importance of courtly love and the pursuit of spiritual and romantic ideals. Troubadour's poetry also emphasized the importance of generosity, hospitality, and grace in the treatment of others, and the importance of maintaining a noble and elevated character. These values and ideals helped to shape the culture and society of medieval Europe and continue to influence cultural values even today.
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In the study of personality, three distinct properties are of central importance. These are that
A) personality reflects individual differences, personality is consistent and enduring, and personality can change B) personality reflects similarities between individuals, personality is consistent and enduring, and personality can change C) personality reflects individual differences, personality is consistent and enduring, and personality does not change D) personality reflects similarities between individuals, personality is consistent and enduring, and personality does not change E) personality reflects individual differences, personality is inconsistent and fleeting, and personality can change
One of the easiest methods of diversifying away firm-specific risks is to: Multiple Choice build a portfolio with 40 to 55 individual stocks. buy only stocks with a beta of 1.0. purchase stocks that plot above the security market line. purchase the shares of an index fund.
Answer:
Option D. purchase the shares of a Index fund.
Explanation:
The reason is that the index funds are itself a mutual fund investment and they follow preset rules which helps an ordinary investor to understand those rules easily. Furthermore, they are already a diversified investment, hence investing in the shares of mutual fund makes the investment risk diversified investment.
Which one of these values can you usually expect from persons of integrity?
VALUE FROM PEOPLE WITH INTEGRITY:
- Responsibility. People who have integrity take responsibility for their actions no matter what they did.
Your Assignment, Part I
Imagine you have decided to start a business. This is your opportunity to select a
business endeavor that interests you and engage in the marketing process. Choose
wisely because you will work on building this business not only in this project, but
also in the projects for Units 3 and 4. You should answer all questions in a separate
document that you will hand in to your teacher.
First, think about the type of business you want to create. Will this business offer
mainly goods, services, or a combination of both? Here is a list of ideas to get you
started:
• Restaurant or catering company
• Company that sells specialty goods, such as sporting goods or electronic
devices
• Service-oriented company, such as dog-walking, web design, or tutoring
1. List the type of business you will have.
20
Explanation:
I took the text to day its 20
(100 POINTS)How much money will i make my first week from dropshipping
Should I drop out of Architecture studies to start a potential business that i fear if not now I'll lose this opportunity
Before making any decisions, it is important to consider the potential consequences of dropping out of your studies. Firstly, it may impact your ability to secure future employment within the architecture industry as a degree is often a requirement. Secondly, you may incur significant financial costs in terms of tuition fees and living expenses if you leave your studies prematurely.
In terms of pursuing your potential business opportunity, it is important to conduct thorough research and analysis to determine its viability. This should include assessing the market demand for your product or service, analyzing your competition, and developing a comprehensive business plan. It is also important to consider the financial implications of starting your own business, including the cost of setting up and running the business, and the potential risks involved.
Ultimately, the decision to drop out of your studies and pursue a potential business opportunity is a personal one that depends on your individual circumstances and priorities. However, I would advise you to consider all of the potential consequences before making any decisions. If you do decide to proceed with starting your own business, I would suggest exploring alternative options, such as part-time studies or seeking guidance from a mentor or business advisor, to help you balance your academic pursuits and your entrepreneurial aspirations.
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What is the purpose of a balanced budget amendment to the US constitution?
O The amendment would forbid Congress from increasing taxes until spending is cut to a reasonable rate.
O The amendment would require the US government to spend no more than it collects in taxes and other revenues, excluding
borrowing.
O The amendment would force
Congress to cut entitlement spending until the federal debt is gone.
O The amendment would give states the opportunity to cut spending
in order to balance the federal budget.
The purpose of a balanced budget amendment to the US constitution is to require the US government to spend no more than it collects in taxes and other revenues, excluding borrowing. This means that the government would be required to balance its budget each fiscal year, without running a deficit. The goal of such an amendment is to promote fiscal responsibility and prevent the government from accumulating excessive levels of debt, which could have negative consequences for the economy and future generations.
- The amendment would require the US government to spend no more than it collects in taxes and other revenues, excluding borrowing.
What are the three major types of equity accounts?
The three major types of equity accounts are investments, _________
and retained earnings.
The three major types of equity accounts are:
Common Stock: Common stock is a type of equity that represents ownership in a company. When a company issues common stock, it is essentially selling ownership shares in the company to investors. Common stockholders have voting rights and may receive dividends, which are a portion of the company's profits distributed to shareholders.
Retained Earnings: Retained earnings are the portion of a company's profits that are not distributed to shareholders as dividends but are instead retained by the company for reinvestment in the business. Retained earnings are reported as a component of shareholders' equity on the balance sheet.
Preferred Stock: Preferred stock is a type of equity that gives shareholders preferential treatment over common stockholders. Preferred stockholders typically receive a fixed dividend, which is paid out before common stock dividends, and they may have other rights such as priority in the event of liquidation. Preferred stock is often seen as a hybrid security because it has features of both equity and debt.
Note that the classification and naming of equity accounts may vary depending on the accounting standards used and the nature of the business.
Can you think of a bad decision from your own school or work experience, or from recent business or political news stories, that was made in an effort to correct or justify a past decision?
Answer:
Explanation:
Personal Experience:
One time I had to turn in an assignment for the company that I worked for which needed to be done and turned in by the end of the workday. I failed to do so due to family issues. This assignment was incredibly important and failure to turn it in would have cost the company a lot of money. So I stayed up all night and finished the assignment. I ended up breaking into the office in the middle of the night to turn it in before the boss found out. It was a bad decision since I could have gotten arrested or fired.
A network security device that monitors incoming and outgoing network traffic and decides whether to allow or block specific traffic based on a defined set of security rules.
Answer:
Firewall.
Explanation:
Firewall can be defined as a network security device that monitors incoming and outgoing network traffic and decides whether to allow or block specific traffic based on a defined set of security rules.
Simply stated, a firewall is a network security protocol that monitors and controls inbound and outbound traffic based on set aside security rules.
A firewall is used to control access to a computer or network, as it creates a barrier between a computer or a network and the internet in order to protect against unauthorized access.
Basically, it is a network security device or security system pre-installed on most computers to essentially inspect data being transmitted to or from a computer.
Hence, firewalls are typically bidirectional, it checks all sent and received data and only allow authorized traffic through.
Answer:
Firewall.
Explanation:
Hope this helps
Applications of _____ can help marketers determine which television shows current and potential customers watch, allowing marketers to determine the value of advertising on a particular show.
Applications of Big Data can help marketers determine which television shows current and potential customers watch, allowing marketers to determine the value of advertising on a particular show.
Big Data Applications in Government
In the public sector, there are wide-ranging applications of big data, such as energy exploration, financial market analysis, fraud detection, health research, and environmental protection.
In computing, data is information that has been transformed into a form that is efficient for movement and processing. Compared to today's computers and transmission media, data is information that has been converted to binary digital form. Dates can be used as singular or plural subjects.
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Which process helps bring business professionals together to work toward a business’s objectives?
___________ brings people, processes, teams, and leaders together to achieve an organization’s goals.
Explanation:
Strategic management is the planned use of a business' resources to reach company goals and objectives.
intro to business edmentum notes for unit 3 and 4? vv high points
Answer:
The notes can be found on brain.com someone is giving out the notes
Explanation:
I don't remember his name but if you ask nicely then them notes will be yours.
BRUH THIS THING LOGGED ME OUT WHAT IS GOING ON
Answer:
?????????????
Explanation:
???????????
first come first serve
Answer:
hiiii
thanks for the free points
Answer:
hi hello
Explanation:
:) :) :):) :) :) :)
Which of the following statements is CORRECT?
1. An investor can eliminate virtually all diversifiable risk if he or she holds a very large, well-diversified portfolio of stocks.
2. Once a portfolio has about 40 stocks, adding additional stocks will not reduce its risk by even a small amount.
3. It is impossible to have a situation where the market risk of a single stock is less than that of a portfolio that includes the stock.
4. An investor can eliminate virtually all market risk if he or she holds a very large and well diversified portfolio of stocks.
5. The higher the correlation between the stocks in a portfolio, the lower the risk inherent in the portfolio.
Which of the following statements is CORRECT?
1. The required return on a firm's common stock is, in theory, determined solely by its market risk. If the market risk is known, and if that risk is expected to remain constant, then no other information is required to specify the firm's required return.
2. A stock's beta is less relevant as a measure of risk to an investor with a well-diversified portfolio than to an investor who holds only that one stock.
3. Portfolio diversification reduces the variability of returns (as measured by the standard deviation) of each individual stock held in a portfolio.
4. A security's beta measures its non-diversifiable, or market, risk relative to that of an average stock.
5. If an investor buys enough stocks, he or she can, through diversification, eliminate all of the diversifiable risk inherent in owning stocks. Therefore, if a portfolio contained all publicly traded stocks, it would be essentially riskless.
Which of the following statements is CORRECT?
1. An indenture is a bond that is less risky than a mortgage bond.
2. The expected return on a corporate bond will generally exceed the bond's yield to maturity.
3. Under our bankruptcy laws, any firm that is in financial distress will be forced to declare bankruptcy and then be liquidated.
4. All else equal, senior debt generally has a lower yield to maturity than subordinated debt.
5. If a bond's coupon rate exceeds its yield to maturity, then its expected return to investors will also exceed its yield to maturity
Nile Food's stock has a beta of 1.4, while Elba Eateries' stock has a beta of 0.7. Assume that the risk-free rate, r RF, is 5.5% and the market risk premium, (r M – r RF), equals 4%. Which of the following statements is CORRECT?
a. Since Nile's beta is twice that of Elba's, its required rate of return will also be twice that of Elba's.
b. If the risk-free rate increases but the market risk premium remains unchanged, the required return will increase for both stocks but the increase will be larger for Nile since it has a higher beta.
c. If the market risk premium increases but the risk-free rate remains unchanged, Nile's required return will increase because it has a beta greater than 1.0 but Elba's required return will decline because it has a beta less than 1.0.
d. If the risk-free rate increases while the market risk premium remains constant, then the required return on an average stock will increase.
e. If the market risk premium decreases but the risk-free rate remains unchanged, Nile's required return will decrease because it has a beta greater than 1.0 and Elba's will also decrease, but by more than Nile's because it has a beta less than 1.0.
Answer:
no idea my friend sorry
Explanation:
ohn and Rae want to buy a house in four years. They figured out that they would need about $10,000 for a down payment. How much should they deposit each month into one account that earns 2.1% interest compounded monthly?a. $208.33 b. $199.89 c. $204.34 d. $195.45
In this case, John and Rae want to accumulate $10,000 in four years, and the interest is compounded monthly at a rate of 2.1% per year. We need to determine the value of P. The present value (PV) of an ordinary annuity.
To determine the monthly deposit John and Rae should make, we can use the present value of an ordinary annuity formula. The present value (PV) of an ordinary annuity can be calculated using the formula: where P is the monthly payment, r is the interest rate per period, and n is the number of periods. In this case, John and Rae want to accumulate $10,000 in four years, and the interest is compounded monthly at a rate of 2.1% per year. We need to determine the value of P. The interest rate per period is 2.1% divided by 12 to get the monthly interest rate, which is approximately 0.175%. Using a calculator, we can find that P is approximately $195.45.Therefore, John and Rae should deposit approximately $195.45 into the account each month to accumulate $10,000 for the down payment in four years.
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Explain the Equilibrium of the Market and how price is
determined? ‘your answers should not exceed 100 words
The equilibrium of the market is the state of the market where the supply of goods and services meets the demand for goods and services in such a way that prices remain stable over time.
The supply and demand forces of the market determine the equilibrium price. The price of the good or service is determined by the intersection of the demand curve and the supply curve.
At the intersection point, the quantity demanded is equal to the quantity supplied, and the price at which they are willing to trade is known as the equilibrium price.
If there is a shortage of the good, the price will increase to reach equilibrium. If there is a surplus, the price will decrease until equilibrium is reached.
In this way, market forces drive the price of goods and services to the point where supply meets demand.
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