The importance of regulating bank capital lies in its power to stabilize the financial system and protect depositors and investors from losses in the event of a bank failure. Banks are required to maintain a specific amount of capital to ensure they are financially sound.
a. The importance of regulating bank capital lies in its power to stabilize the financial system and protect depositors and investors from losses in the event of a bank failure. Banks are required to maintain a specific amount of capital to ensure they are financially sound. Regulators impose capital requirements on banks to ensure that they can manage their financial risk and absorb losses in times of financial stress. Capital regulation, in general, is a response to market failures arising from imperfect information, externalities, and systemic risks. The Basel Accords, which were created by the Basel Committee on Banking Supervision (BCBS), have become the most widely used standard for regulating bank capital. Basel I, II, and III are the three iterations of the Basel Accords. The goal of Basel II was to refine the risk-based capital framework that had been introduced in Basel I. The framework in Basel II was intended to be more risk-sensitive, taking into account the risk associated with various types of assets. It introduces new approaches to calculating the capital adequacy ratio (CAR) for different types of risk. It also establishes a new approach to calculating the minimum capital requirement based on the credit risk, market risk, and operational risk of banks.
b. Credit risk management is essential for banks to protect themselves from credit losses that could put their operations at risk. Credit risk analysis is an important component of bank risk management, as it enables banks to identify and manage the potential for credit losses. The primary methods of managing credit risk in a bank include credit policies and procedures, risk-based pricing, loan origination and approval processes, and credit monitoring and reporting.Credit risk management also involves assessing the creditworthiness of borrowers and determining the probability of default. Credit risk analysis provides banks with a way to evaluate the creditworthiness of borrowers and determine the appropriate level of risk to take on. The main methods of credit risk analysis include credit scoring, credit rating, and credit portfolio analysis. Credit scoring is a statistical method of predicting the likelihood of default based on various factors such as income, employment history, and credit history. Credit rating is a more formal method of evaluating the creditworthiness of borrowers and assigning a credit rating to them based on their credit history. Credit portfolio analysis is a method of analyzing the overall credit portfolio of a bank to identify potential weaknesses and strengths. Banks can use credit risk management tools to mitigate the risks associated with credit losses, such as credit insurance, loan collateralization, and credit derivatives.
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product features are often the focus of product differentiation efforts. yet product features are among the easiest-to-imitate bases of product differentiation and thus among the least likely bases of product differentiation to be a source of sustained competitive advantage. this appears paradoxical. how can you resolve this paradox?
The paradox associated with product feature can be resolved as the firms might be attempting continuously to create a sustained competitive advantage by creating sequential temporary competitive advantages.
Product features are the special attributes of any product which makes it different from the similar products available in the mark and outshines the ones which are normal in design and delivery. Its emphasis is to increase profits by addition of remarkable characters which cannot be easily copied or transferred. However some companies resort to copy such features with some little modification and then sell their products in the market. A good product feature would make the product more Reliable, Safe to use, improved Quality of design, efficient Storage capacity and quality Conformance. Such products need better marketing before they are sold in the market to make consumer aware about the new qualities added.
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when the united states imports more than it exports, then the balance of payments would
When the United States imports more than it exports, it results in a trade deficit, which affects the balance of payments.
A trade deficit occurs when the value of imports exceeds the value of exports. This can impact the current account, one component of the balance of payments, which records transactions in goods, services, and unilateral transfers. To maintain equilibrium in the balance of payments, the capital and financial account may show an inflow of foreign investment, as the country relies on external funding sources. In the long term, trade deficits can affect exchange rates, economic growth, and employment levels.
To balance the payments, the government may take measures such as increasing exports, decreasing imports, or implementing trade agreements to promote a more balanced exchange of goods and services between countries.
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what is one of the three major causes of small-business failure?
One of the three major causes of small-business failure is financial mismanagement.
Small business failure is a serious issue that has been happening for a long time. There are numerous causes of small-business failure, but the following are three of the most important:1. Financial mismanagement: One of the main causes of small business failure is financial mismanagement. It is essential to have an understanding of basic financial principles to maintain a profitable business.
Many small-business owners have a difficult time with financial management, which leads to a lack of cash flow. When a business is in debt, it can be tough to keep it going.2. Insufficient planning: The second main cause of small business failure is insufficient planning. Many entrepreneurs are great at generating concepts but not very skilled at putting them into action.
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David and Darlene Jasper have one child, Sam, who is 6 years old (birthdate July 1, 2014). The Jaspers reside at 4639 Honeysuckle Lane, Los Angeles, CA 90248. David's Social Security number is 577-11-3311, Darlene's is 477-98-4731, and Sam's is 589-22-1142. David's birthdate is May 29, 1987 and Darlene's birthday is January 31, 1989. David and Darlene's earnings and withholdings for 2020 are:
David: Earnings from Apple Company (office manager) $26,750
Federal income tax withheld 800
State income tax withheld 1,050
Darlene: Earnings from Rose Company (perfume tester) $26,200
Federal income tax withheld 1,050
State income tax withheld 1,000
Their other income includes interest from Pine Tree Savings and Loan of $950. Other information and expenditures for 2020 are as follows:
Interest: On home acquisition mortgage $11,300
Credit card 925
Taxes: Property taxes on personal residence 1,300
State income taxes paid in 2020 (for 2019) 300
Contribution (with written acknowledgement) to church 1,045
Medical insurance 675
Medical and dental expenses 6,175
Income tax return preparation fee paid in 2020 200
Actual general state sales tax for 2020 1,016
Payment of union dues 225
Contribution to David's IRA (no retirement plan at his work) 500
David and Darlene received a letter from Sam's daycare provider which contains information regarding child care expenses.
The Jaspers received a $2,900 EIP in 2020.
Required:
Complete David and Darlene's Form 1040, Schedule 1, Schedule 3, Schedule A, Form 2441, and Form 8880.
• Make realistic assumptions about any missing data.
• The taxpayers do not want to make a contribution to the presidential election campaign.
• Enter all amounts as positive numbers.
• If an amount box does not require an entry or the answer is zero, enter "0".
• If required round any dollar amount to the nearest dollar (unless instructed otherwise on the tax form).
• Assume alternative minimum tax is not a factor.
• David and Darlene received the following letter from Sam's daycare provider:
KIDDIECARE INC.
10250 Santa Monica Blvd.
Los Angeles, CA 90067
EIN: 13-3345678
January 14, 2021
David and Darlene Jasper
4639 Honeysuckle Lane
Los Angeles, CA 90248
Dear David and Darlene,
Thank you for your patronage of our day care center with your child, Sam Jasper, in 2020. This statement serves as a record of the cost of daycare services we provided during calendar year 2020:
Child Amount Dates of Service
Sam Jasper $3,680.00 1/1/2020 – 08/25/2020
David and Darlene Jasper's tax return for 2020. David and Darlene Jasper have one child, Sam, who is 6 years old (birthdate July 1, 2014). The Jaspers reside at 4639 Honeysuckle Lane, Los Angeles, CA 90248. David's Social Security number is 577-11-3311, Darlene's is 477-98-4731, and Sam's is 589-22-1142.
David's earnings from Apple Company (office manager) for 2020 is $26,750 with Federal income tax withheld of $800 and State income tax withheld of $1,050. On the other hand, Darlene's earnings from Rose Company (perfume tester) for 2020 is $26,200 with Federal income tax withheld of $1,050 and State income tax withheld of $1,000. Their other income includes interest from Pine Tree Savings and Loan of $950. Income from Apple = $26,750 Income tax withheld = $800 State income tax withheld = $1,050 Income from Rose = $26,200 Income tax withheld = $1,050 State income tax withheld = $1,000 Interest income = $950 Interest on home acquisition mortgage = $11,300 Credit card interest = $925 Property taxes on personal residence = $1,300 State income taxes paid = $300 Charitable contribution = $1,045 Medical insurance = $675 Medical and dental expenses = $6,175 Income tax return preparation fee = $200 Actual general state sales tax = $1,016 Payment of union dues = $225 Contribution to David's IRA = $500 Statement of daycare expenses from Kiddie Care Inc: Child amount - Sam Jasper = $3,680.00Dates of service = January 1, 2020 – August 25, 2020.Form 2441 (Child and Dependent Care Expenses)Schedule 1 (Additional Income and Adjustments to Income)Schedule 3 (Nonrefundable Credits)Schedule A (Itemized Deductions)Form 8880 (Credit for Qualified Retirement Savings Contributions)These are the tax return forms that need to be completed for David and Darlene Jasper's tax return for 2020.
The main answer to this question will be the completed tax return forms for David and Darlene Jasper's tax return for 2020. The completed tax return forms for David and Darlene Jasper's tax return for 2020 will be accompanied by a conclusion that summarizes their tax position for 2020.
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Explain the role of the Board of
Directors in a public company?
Provide FOUR points.
Answer:
A board of directors is essentially a panel of people who are elected to represent shareholders. ... The board is responsible for protecting shareholders' interests, establishing policies for management, oversight of the corporation.
Hope it helps a bit.
[15 POINTS] Which negative quality does Deborah exhibit? Deborah believes that people of other nationalities are inferior to her. She treats them with disdain and does not miss an opportunity to abuse them. Deborah is a (BLANK) .
Answer:
rasit
Explanation:
i got it right on plato have a nice day!
Deborah is Xenophobic. Xenophobic are those who fear or hate those who have different nationalities, race, language etc.
XenophobiaIt is the fear and hatred for people who are percieved as aliens to the xenophobic person's culture, nation, language, race etc. Since Deborah view other nationalities as inferior, and treats them with disdain and abuse, it suggest that she hates people who, she thinks, are alien to her nationality. Therefore, the negative quality Deborah exhibit is the Xenophobia.
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carlos is a one-third general partner in the ctc partnership. his adjusted tax basis in the partnership at the beginning of year 3 is $50,000. the partnership had no debt at the beginning of the year. during the year, ctc borrowed $60,000 from a bank to purchase new equipment. the equipment was used as collateral for the loan. at the end of the year, the outstanding loan balance was $45,000 and the partnership accounts payable balance was $9,000. on december 31, year 3, carlos withdrew $30,000 cash from the partnership and received a distribution of land with a fair value of $75,000 and an adjusted basis to ctc of $55,000.
The CTC Partnership reported the following items in Year 3:
Item Amount
Service revenue $582,500
Guaranteed payments to all partners ($50,000 each) 150,000
MACRS depreciation 11,000
Municipal bond interest 9,000
Operating expenses 85,500
Capital loss on investment stock (held long term) 117,000
Section 179 depreciation 90,000
Determine the effect of the items below
on Carlos' ending tax basis, then calculate his tax and at-risk bases on December 31, Year 3. For each item, enter the applicable amount in the appropriate cell as a whole value. Use the minus sign to indicate a decrease in basis or negative value. If a response is zero, enter a zero (0).
Item Increase/decrease in basis
Carlos' share of partnership's ordinary net business income (loss) $
Carlos' share of total separately stated items
Carlos' guaranteed payment
Bank loan
Accounts payable
Distribution of land
Item Basis amount
Carlos' ending tax basis
Carlos' ending at-risk basis
The activity involves identifying the five bases of social power and matching them with behavior descriptions. John French and Bertram Raven proposed these bases of power, which are crucial for effective management and achieving desired outcomes. The five bases of power are coercive power , referent power , expert power, reward power, and legitimate power.
The behavior descriptions provided in the activity showcase different types of power. The first behavior description refers to reward power, where a manager obtains compliance by offering something valuable in exchange. The second behavior description pertains to coercive power, where a manager uses threats to achieve desired results. The third behavior description relates to legitimate power, where a formal position of authority establishes the power. The fourth behavior description refers to expert power, where a leader is assigned based on their knowledge of the necessary processes. The fifth behavior description relates to referent power, where a leader's charisma makes others want to identify with them.
In conclusion, understanding the five bases of social power is crucial for managers to be effective in their roles. By using different types of power b, managers can influence and manage various outcomes. It is vital for managers to recognize the different bases of power and know when to use them to achieve the desired results.
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which would an economist consider a likely substitute for coffee?a. waterb. donutsc. tead. chicken
The answer is option c. tea, an economist would consider tea as a likely substitute for coffee.
What does economic substitution look like?In other words, if the price of one thing rises, so does the demand for the other. For instance, coffee can be used in place of tea, and solar energy can be used in place of electricity. Demand for tea also increases when the price of coffee does, and vice versa.
What do economists mean by "perfect substitutes"?A perfect substitute is a good or service that, regardless of the business that provides it, customers view as being exactly the same no matter which business provides it. The business from whom a buyer purchases a good is irrelevant to them. Standardized goods are excellent replacements.
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What is a stock?
A. A partial ownership in a company
B. A group of real estate investments
C. A regular payment a company issues investors
D. A government investment
Answer:
A partial ownership in a company
viral marketing is the term used to describe multiple choice promotional efforts such as paying people to say positive things about your product online. a system in which consumers can access company information on their own and supply information about themselves in an ongoing dialogue. an online form of notification of a potential computer virus or problem. a function that evaluates public attitudes and executes a program of action and information to earn public understanding
Viral marketing is the term used to describe a promotional strategy where consumers actively share and spread marketing messages about a product or service.
It relies on leveraging the power of word-of-mouth and social networks to create buzz and generate widespread awareness. Unlike paying people to say positive things, viral marketing aims to encourage organic and authentic sharing of content by providing value, entertainment, or incentives to consumers.
It focuses on creating compelling and shareable content that resonates with the target audience, leading to exponential growth in brand exposure and reach.
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I rlly need answers quick guys! This isnt Business tho!
Subtracting money.
$ c. $ c.
395.12 - 275.64
Answer:
$119.48
Explanation:
hope this helped :)
cheque issued for advertisement of rs 8000 journal entry
Answer:it is nice produre
Explanation:
Warner Company’s year-end unadjusted trial balance shows accounts receivable of $116,000, allowance for doubtful accounts of $770 (credit), and sales of $450,000. Uncollectibles are estimated to be 1% of sales. Prepare the December 31 year-end adjusting entry for uncollectibles
On December 31, Warner Company must make an adjusting entry to account for uncollectibles.
Prepare the December 31 year-end adjusting entry for uncollectibles?Debit Allowance for Doubtful Accounts for $4,500Credit Accounts Receivable for $4,500On December 31, Warner Company must make an adjusting entry to account for uncollectibles.Uncollectibles are estimated to be 1% of sales, or $4,500 ($450,000 x 0.01). The adjusting entry would be to debit Uncollectible Accounts Expense for $4,500 and credit Allowance for Doubtful Accounts for $4,500.This will increase Uncollectible Accounts Expense and reduce Allowance for Doubtful Accounts, thus decreasing Accounts Receivable by the same amount.After making this adjusting entry, the Accounts Receivable balance would be $111,500 ($116,000 - $4,500), the Allowance for Doubtful Accounts balance would be $4,270 ($770 + $4,500), and the Uncollectible Accounts Expense balance would be $4,500.To learn more about Debit Allowance for Doubtful Accounts refer to:
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question content area part 1 scarcity part 2 a. can be overcome by discovering new resources. b. stems from the incompatibility between limited resources and unlimited wants. c. is a bigger problem in market economies than in socialist economies. d. can be eliminated by rationing products.
Scarcity stems from the incompatibility between limited resources and unlimited wants
Because the desires of economic agents, such as people, businesses, or the government, are limitless, scarcity is a fundamental economic problem that affects every civilization. The incompatibility of finite resources and countless wants is the root of the world's economic problems.
Resources are constrained in that there is only a certain amount of them, and they cannot be expanded to satisfy everyone's unending needs or those of society as a whole. People and society must therefore decide how to divide up these finite resources in order to best satisfy their needs and wants. All economic activity is fueled by scarcity, which is the reason people have to make decisions and trade-offs.
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Using one graph, and brief explanation: show the relationship between the cost & revenue curves for a firm earning positive economic profit. Specifically: show and explain the relationship between MR, MC, AR, AC, TR, TC and Profit tha exists for this firm
To illustrate the relationship between the cost and revenue curves for a firm earning positive economic profit, we can use a graph that shows the marginal revenue (MR), marginal cost (MC), average revenue (AR), average cost (AC), total revenue (TR), total cost (TC), and profit.
In the graph, the horizontal axis represents the quantity of output, and the vertical axis represents the price or cost.
Here's a brief explanation of the relationship between these curves for a firm earning positive economic profit:
Marginal Revenue (MR): The MR curve represents the additional revenue generated by selling one more unit of output. It is typically downward sloping and intersects the X-axis at the quantity where MR equals zero.
Marginal Cost (MC): The MC curve represents the additional cost incurred by producing one more unit of output. It is typically upward sloping and intersects the X-axis at the quantity where MC equals zero.
Average Revenue (AR): The AR curve represents the revenue per unit of output. It is equal to the price at which the firm sells its products. For a perfectly competitive firm, the AR curve is a horizontal line, as the price remains constant regardless of the quantity produced.
Average Cost (AC): The AC curve represents the average cost per unit of output. It is calculated by dividing the total cost (TC) by the quantity produced. The AC curve is U-shaped, reflecting the economies of scale and diseconomies of scale.
Total Revenue (TR): The TR curve represents the total amount of revenue generated by selling a given quantity of output. It is the product of price (AR) and quantity.
Total Cost (TC): The TC curve represents the total cost incurred by producing a given quantity of output. It is the sum of fixed costs and variable costs.
Profit: The gap between total revenue (TR) and total cost (TC) represents the firm's profit. When the revenue exceeds the cost, the firm earns positive economic profit. The profit is maximized at the quantity where MR equals MC. This quantity is also the equilibrium point where the firm operates most efficiently.
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Does ROI decrease due to deterioration of net income?
How come Amazon went from 14.4 % ROI to 8.15 %?
ROI (Return on Investment) is a measure of profitability that indicates the percentage of return on the investment made. A decrease in net income can certainly lead to a deterioration of ROI. This is because ROI is calculated by dividing net income by the initial investment, and if net income decreases, the ratio will decrease as well.
In the case of Amazon, there could be several reasons why its ROI decreased from 14.4% to 8.15%. One possible reason is that Amazon has been investing heavily in new initiatives and projects, such as its expansion into new markets, acquisition of Whole Foods, and investment in technology infrastructure. These investments require significant resources and may not immediately generate a high return on investment, leading to a lower ROI in the short-term.
Another factor that could impact Amazon's ROI is increased competition in its markets. As more players enter the market, Amazon may have to invest more in marketing and promotions to maintain its market share, leading to lower net income and ROI.
Overall, a decrease in net income can certainly lead to a deterioration of ROI, but it is important to consider the broader context and factors that may be influencing a company's profitability and ROI.
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What can a boosted post help an advertiser achieve?
A boosted post helps an adviser to connect with the audience and gain trust.
Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.
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Please help?? WILL MARK IF THERE ARE MULTIPLE ANSWERS!!!!!
Company Z is just starting to make a brand new product it has never made before. It has completed two units so far. The first unit took 22 hours to complete and the next unit took 18 hours. Based only on this information, what would be the estimate of the learning percentage in this process? (Round your answer to 1 decimal ploce.)
Based on the information provided, the estimate of the learning percentage in this process is 18.2%. This means that with each additional unit produced, the company is improving its efficiency by approximately 18.2%.
The learning percentage in a process measures the rate of improvement as more units are produced. To estimate the learning percentage, we need to compare the time it takes to produce each unit.
In this case, Company Z has completed two units. The first unit took 22 hours to complete, and the second unit took 18 hours. To calculate the learning percentage, we can use the formula:
Learning percentage = (Time for first unit - Time for second unit) / Time for first unit * 100
Let's plug in the values:
Learning percentage = (22 - 18) / 22 * 100
Simplifying the equation:
Learning percentage = 4 / 22 * 100
Calculating:
Learning percentage = 18.2%
Therefore, based on the information provided, the estimate of the learning percentage in this process is 18.2%. This means that with each additional unit produced, the company is improving its efficiency by approximately 18.2%.
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What can be said about the culture of services?
I. Processes are invisible
II. Processes are well defined
III. More scientific
IV. Not well defined or documented
A. I, II, and III only
B. I, II, and IV only
C. II, III, and IV only
D. All of the above
In the service culture, processes are invisible and procedures are not well defined or documented. This culture is focused on customer service, to provide the best experience.
Therefore, processes are invisible, that is, the customer is not able to identify internal processes if they are not useful, but they must perceive the service as a mystery where all their needs are promptly met.
In the service culture, this is also not well defined or documented, so as not to create standardization of the service, but a personalized service that meets the needs of each customer individually.
Therefore, in the service culture, the focus is on offering the best experience for the customer, through the creation of value, excellent service and employees capable of satisfying their needs.
The service culture is capable of generating greater competitiveness, customer loyalty and positioning for a company.
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Jordan loves creating short films using his phone camera and small posable figures. He has learned how to edit the videos so that it looks as if the figures are alive and moving! What possible career paths might Jordan want to consider for his future? Explain.
Answer:
You tube , computer enjneer
Explanation:
Answer:
"A possible career path that Jordan would consider taking for his future are videography, music/video editor, or even an influencer of some sort! Becoming a videographer could widen his knowledge about the electronics he enjoys working with. He could possibly turn something that he's passionate about into something small like short films on a phone all the way to a Hollywood movie." all credit goes to foochy, the original creator of this paragraph. foochy is a brainly user.
What is the importance of TNC for developing countries?.
Transnational Corporations (TNCs) have been discovered to serve international economies by acquiring multinational managerial, technical, and behavioral skills and resources, and they have made significant contributions to the economic development processes of many developed and developing countries.
What impact do TNCs have on underdeveloped countries?
Concerns about the environment - TNCs can harm the atmosphere, water, and land. Many developing countries have less stringent pollution laws than developed countries.
Why are multinational firms crucial in a country's development?
They not only bring technological advancements, but also organizational structures. Other companies can raise their management levels because national standards rise once corporations begin operating in this country. Another role can be seen in the increased circulation of money in the economy.
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If the balance of work in process on october 31 is $21,000, what was the amount of factory overhead applied in october?
The amount of factory overhead applied in October can be calculated by subtracting the beginning balance of work in process from the ending balance of work in process and then subtracting the cost of direct materials and direct labor from the difference.
The formula is as follows:
Factory Overhead Applied = Ending Balance of Work in Process - Beginning Balance of Work in Process - Cost of Direct Materials - Cost of Direct Labor
Given that the ending balance of work in process on October 31 is $21,000, we need to know the beginning balance of work in process, the cost of direct materials, and the cost of direct labor in order to calculate the amount of factory overhead applied in October. Without this information, we cannot accurately calculate the amount of factory overhead applied in October.
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Explain why socialist societies do not use a circular flow chart.
Select the correct answer. Which of these do you need to do when receiving criticism? A. Do not respond to criticism. B. Ignore the criticism. C. Respond to criticism with your own criticism. D. Consider the criticism as a learning experience. E. Ask your best friend what to do.
Answer:
The correct answer is D. Consider the criticism as a learning experience.
Explanation:
Criticism is the opinion valued by a person regarding another, a thing or a situation, in which the characteristics of said person, thing or situation are evaluated, and an opinion is expressed about them, which can be favorable or unfavorable.
When a person receives a criticism without bad intention, that is, a genuine or constructive criticism, the ideal is not to feel attacked by whoever emits it, but on the contrary, to take that opinion as valid, to learn from the mistakes made and improve.
Patrick Enterprises recently installed a parking lot. The paving costs were $38,750, and the lighting costs were $20,000. In addition, the company entered into a $1,000 annual agreement with Romero Cleaning to maintain the parking lot. For what amount should Patrick Enterprises debit the land improvements account when the parking lot is completed
Answer:$58,750
Explanation:
What is demand comprised of
Because of the contemporary economic issues, what can happen to the investments made of the filipino entrepreneurs to their business?
Because of the contemporary economic issues, what can happen to the investments made of the filipino entrepreneurs to their business are:
inadequate access to technologyfinancing capital,What are the contemporary issues that can have effect on the Filipino entrepreneur?The contemporary issues that can have effect on the Filipino entrepreneur is the unavailable of the financing capital
It should be noted that one of the issue that the Filipino entrepreneurs are encountering today is that they do not have full access to technology , and in today's world, technology is very important in every business.
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What is the marginal revenue and marginal cost for this diagram?
What type of market is this? Explain your answer
Marginal revenue :
2060120200300420560Marginal cost :
108210192640It is a Monopolistic market structure because marginal revenue is greater than the marginal cost.
Marginal Revenue is the increase in the revenue by selling one extra product in the market. It is calculated by the Change in revenue divided by the change in output.
Marginal cost is the change in cost by producing one extra unit of output. It is calculated by a change in cost divided by the change in units.
Monopolistic market structure is where there are multiple companies producing similar products in the market.Example for monopolistic structure can be a grocery store.
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Which work value is most likely to be important in a person's career choice?
oA.
preferring a fast-paced environment
oB.
volunteering at the animal shelter
oC.
spending time on social media applications
oD.
being skilled at negotiating and bargaining with people
Answer:
oD. being skilled at negotiating and bargaining with people