A feature of a perfectly competitive market is firms sell identical products.
The correct answer is b. firms sell identical products.
In a perfectly competitive market, all firms sell identical or homogeneous products. This means that there are no differentiated products or brand preferences among consumers. The products are considered perfect substitutes for one another.
Option a is incorrect because in a perfectly competitive market, firms face a perfectly elastic demand curve, not a perfectly inelastic one. This means that firms have no control over the price and must accept the prevailing market price.
Option c is also incorrect because a characteristic of perfectly competitive markets is the absence of significant barriers to entry. In a perfectly competitive market, new firms can enter and exit the market freely, leading to a large number of sellers.
Option d is incorrect because in a perfectly competitive market, firms are price takers rather than price setters. They have no control over the market price and must accept it as given.
To know more about competitive, click here:-
https://brainly.com/question/28902069
#SPJ4
What value does tracking and following-up on Expired Listings provide? --Provides the community a snapshot of marketing trends. --Provides an opportunity for personal contact with a property seller. --Provides little value because the property did not sell in the market. --Provides the Real Estate Board an opportunity to improve listing records.
The tracking and following-up on expired listings provide an opportunity for personal contact with a property seller.
What does expired mean in real estate listing?Properties that were on the market but didn't sell before the listing's expiration date are known as expired listings. Agents can obtain expired listing leads by locating or acquiring them, following up with them directly, or by using lead nurturing programs and advertising via email, SMS, and direct mail.
An "Expired" or "Cancelled" status indicates that there is no longer an active brokerage agreement or listing contract with the seller according to the Bright MLS Rules & Regulations. In the real estate industry, a property that didn't sell through the MLS is referred to as having an expired listing. It is essentially a property that is no longer active in the MLS since it did not receive a purchase agreement during its period or under the terms of a contract with a realtor.
To learn more about expired listing, visit:
https://brainly.com/question/28097118
#SPJ1
Direction: Write HURRAY to statements that expresses correct thought and HEPHEP if not.
1. Production record reflects the list of the different crops grown in the farm in a particular year.
2. The use of flyer for marketing fruits and seedlings is convenient and cheap.
3. Web marketing involves both advertising and marketing efforts through email to current and prospective customers.
4. Email marketing includes e-commerce, promotional or informative websites, and online advertising on search engines.
5. Online marketing is the process of selling products to the market.
6. Social media marketing involves both advertising and marketing efforts via social networking sites.
7. Fruits are ready for harvest at the right degree of maturity.
8. Calamansi is best to harvest from July to October.
9. Cash record is the value received from cash sales and cash payments in a certain period.
10. August to November is the best time of the year to harvest soursop or guyabano and lanzones.
Answer:
1.hephep
2.hephep
3.hurray
4.hephep
5.hurray
6.hurray
7.hurray
8.hephep
9.hephep
10.hurray
hope its help
#carry on learning
Customers arrive at Rich Dunn's Styling Shop at a rate of 4 per hour, distributed in a Poisson fashion. Service times follow a negative exponential distribution, and Rich can perform an average of 6 haircuts per hour.
1. The average number of customers waiting for haircuts= (round your response to two decimal places).
2. The average number of customers in the shop= (round your response to two decimal places).
3. The average time a customer spends in the shop= (round your response to two decimal places).
4. The percentage of time that Rich is busy= (round your response to two decimal places).
A Poisson distribution describes how customers arrive; on average, there are 1.5 clients in the store at any given time, with an average of 0.9 waiting for haircuts. An average haircut wait time is 0.3 hours. In the store, where customers spend an average of 0.5 hours, Rich is busy 60% of the time.
A customer is any person or organisation that makes a purchase from another firm. Because they provide revenue, customers are essential to businesses because they would not exist otherwise.
Given Data: rate of arrival = 3customers/hr ; rate of service = 5 haircuts/hr;
a) Average number of customers = La = λ²/[μ(μ-λ)] = 3²/[(5(5-3)]
Average number of customers = La = 0.9
b) Number of customers in system = Ls = λ/(μ-λ)
= 3/(5-3) Number of customers in system = Ls = 1.5
c) Average waiting time = Ta = λ/[μ(μ-λ) = 3/[(5(5-3)]
Average waiting time = Ta =0.3hrs or 18mins
d) Average time spent by customer = Ts = 1/(μ-λ) = 1/(5-3)
Average time spent by customer = Ts = 0.5hrs or 30mins
e) % of time = Tr = λ/μ = 3/5
% of time = Tr = 0.6 or 60%
To learn more about customer refer here:
https://brainly.com/question/14972059
#SPJ4
which word best describes the writing process in business writing ?
Answer: Brainstorm Pre-write. Write rough draft. Peer-review. Revise ideas. Edit Publish Establish constructive purposes for student writing. Find real audiences, beyond the teacher, for students' writing
Who are mangers? Explain how managers differ from non-managerial
employees and Describe classification, levels and different skills of managers.
Answer is given below
Explanation:
The manager is a person who belongs to the management team and assists in the management of the company. Non-administrative employees are members of an organization with no administrative functions. Managers are different from non-administrative employees The responsibility of the manager is greater than that of a non-managerial employee. Since the manager is a role model for non-managerial employees, he must have good morale. The manager is responsible for his subordinate actions. The manager is responsible for achieving the goals of the organization, however the coordination effort of all employees is required. The absence of a non-manager does not affect the performance of the company more than the absence of a manager.Safety and self-actualization are examples of
a. credibility appeals
b. emotional appeals
C.
selective appeals
d.
logical appeals
Answer:
b
Explanation:
An emotional appeal is a method of persuasion that is designed to create an emotional response. Emotion -phatos in Greek, is one of the three modes of persuasion identified by the well-known philosopher Aristotle. Emotional appeals are meant to manipulate emotions in an audience.
Emotional appeals are used by means of communication. For instance, when a news TV show relates a new on the rise of crime in a given state it causes insecurity in the audience or when an ad on social media prompts information on new technology it creates the need for updating our knowledge so the audience understands what that is about
Answer:
b. emotional appeals
Explanation:
took the test :)
Which standards organization functions as a clearinghouse for many types of standards development in the U.S.
Answer: ANSI
Explanation:
Which two security regulations does the pci enforce with regard to electronic banking?
Choices
A. Banks must maintain a secure network
B. Banks must allow customers to chose the level of security they want
C. Banks must compensate customers for money lost due to stolen cards
D. Banks must have information security policy
Answer:
A. Banks must maintain a secure network D. Banks must have information security policyExplanation:
The Payment Card Industry Data Security Standards (PCI DSS) are there to make sure that companies dealing with payment cards for customers protect these customers by having a secure payment environment to prevent customer money being at risk.
First and foremost the companies should have a secure network for processing card payments and data which means no expense should be spared in maintaining this. Companies must also have an information security policy that employees must follow when dealing with customer information.
what is pupil reflex?
Answer:
constriction of the pupil that is elicited by an increase in illumination of the retina
Explanation:
TASK Create a contingency_plan for a new airport. The airport 35 km outside of a city in an isolated area. It currently has domestic routes and international flights within the region. There is only one method of public transport, taxis. The airport if currently operating at 62% capacity. Complete your plan using the following stages - 1. Create a list identify all possible risks. 2. Rank those risks by those who have the highest impact on passengers/operations. 3. Choose the top 2 risks and identify possible solutions for them. 4. Choose the best solution for each. 5. Decide which departments and managers will be responsible for implementing these solutions is the situation arises. 6. Research the costs of this solution Explain the step-by-step process of this solution is the situation(risk) occurs.
1, Adverse weather, security threats, air traffic disruptions, technical failures, strikes, public transport disruption, health emergencies, natural disasters. 2, Adverse weather, security threats, air traffic disruptions, technical failures, strikes. 3, Adverse weather (monitoring, contingency plans) and security threats (robust security measures, collaboration). 4, Implement selected solutions based on feasibility and effectiveness. 5, Operations for adverse weather, Security for security threats. 6, Conduct a comprehensive analysis of costs associated with implementing the solutions.
Contingency Plan for a New Airport:
1, List of Possible Risks:
Adverse weather conditions (storms, heavy snowfall)
Security threats (terrorist activities, breaches)
Air traffic control disruptions
Technical failures (power outage, communication systems failure)
Strikes or labor disputes
Public transport disruption (taxi strikes or unavailability)
Health emergencies (pandemics, disease outbreaks)
Natural disasters (earthquakes, floods)
2, Ranking Risks by Impact:
Rank the risks based on their potential impact on passengers and airport operations. For example
Adverse weather conditions
Security threats
Air traffic control disruptions
Technical failures
Strikes or labor disputes
Public transport disruption
Health emergencies
Natural disasters
3, Top 2 Risks and Possible Solutions:
a. Adverse weather conditions:
Establish effective weather monitoring systems
Develop contingency plans for diverting flights or delaying operations during severe weather
Maintain a stock of necessary equipment and resources for snow removal or other weather-related challenges
b. Security threats
Implement robust security measures, including surveillance systems, access control, and screening procedures
Collaborate with local law enforcement and intelligence agencies for threat assessments and information sharing
Conduct regular security drills and training for airport staff
4, Best Solutions:
Based on further analysis and consultation, select the most suitable solutions for each identified risk. These decisions will depend on various factors, including feasibility, effectiveness, and cost considerations.
Responsible Departments and Managers:
Assign departments and managers responsible for implementing the solutions:
5, Adverse weather conditions: Operations Department, led by the Operations Manager
Security threats: Security Department, led by the Security Manager
Cost Research:
Conduct thorough research to determine the costs associated with implementing the selected solutions. Consider expenses related to infrastructure upgrades, equipment procurement, training programs, and ongoing maintenance.
6, Step-by-Step Process for Solution Implementation:
In the event of a specific risk occurrence, follow these steps:
Activate the predefined contingency plan for that particular risk.
Communicate with relevant stakeholders, including airport staff, airlines, passengers, and local authorities.
Deploy necessary resources and personnel to address the situation.
Continuously monitor the situation and adjust the response as needed.
Communicate updates and instructions to all parties involved.
Document the incident, response actions, and outcomes for future evaluation and improvement.
To know more about Airport:
https://brainly.com/question/32967020
#SPJ4
In the following pictograph, how many books has Group 3 read?
18
25
15
12
Answer:
15 is the answer you are looking
reasons starting for world war one
Answer:
The immediate cause of World War I that made the aforementioned items come into play (alliances, imperialism, militarism, nationalism) was the assassination of Archduke Franz Ferdinand of Austria-Hungary. In June 1914, a Serbian-nationalist terrorist group called the Black Hand sent groups to assassinate the Archduke.
hope it will help u in understanding☺What is the best way to study for permit at 15?
Answer: The best way to study is to know the car that you are using also to do simulations in your head about what is going to happen
Explanation: PLS give brainlie
what form does the answer to the third question of risk assessment take? group of answer choices set of possible scenarios probability of scenarios valuation of scenarios strategies for dealing with scenarios
The answer to the third risk assessment question is often "strategies for dealing with scenarios."
Once risks are identified and their probability and impact assessed, the next step is to develop strategies to address them. These strategies aim to minimize the negative consequences or exploit potential opportunities arising from the identified risks. The strategies may include a combination of risk avoidance, risk reduction, risk transfer, or risk acceptance approaches.
Risk reduction strategies involve implementing measures to decrease the likelihood or impact of identified risks. These strategies could involve implementing controls, improving processes, enhancing security measures, or developing contingency plans.
Risk transfer strategies involve shifting the responsibility or financial burden of risks to external parties, such as insurance coverage or contractual agreements.
Risk acceptance strategies involve acknowledging and accepting the risks without taking specific actions to mitigate them. This approach is typically adopted when the potential impact of the risk is deemed acceptable or the cost of mitigation outweighs the potential benefits.
To learn more about strategies
https://brainly.com/question/25492268
#SPJ11
There is a growing movement in the United States led by the progressive wing of the Democratic Party to have the federal minimum wage raised to $15/hr. Some people agree with the $15/hr minimum wage for the United States, while others oppose raising the minimum wage. The arguments against raising the minimum wage range from the government should not dictate salaries to it will cause low wage workers to lose their jobs since businesses cannot afford a $15/hr minimum wage.
Do you agree with a $15/hr federal minimum wage? The current federal minimum wage in the United States is $7.25/hr. Fully explain your position on this issue in 2 - 3 paragraphs.
Source: Surviving an Unlivable Wage l Full Documentary (Financial Literacy)
In my opinion, minimum wage should be increased because an increase in minimum wage would reduce poverty, increase consumer spending, and promote economic growth.
Why Should Minimum Wage be Increased?Minimum wage has not kept pace with inflation, and that the current federal minimum wage of $7.25/hr is not a living wage in most parts of the United States. A $15/hr minimum wage would provide a more realistic living wage for many low-wage workers, but there is disagreement on whether this should be achieved through federal legislation or through individual state action.
Ultimately, whether or not to raise the minimum wage is a complex issue that involves balancing the needs of workers, businesses, and the overall economy. It is important for policymakers to carefully consider the potential impacts of any minimum wage increase and to find ways to support low-wage workers without unduly burdening businesses.
Learn more about minimum wage here: https://brainly.com/question/28331168
#SPJ1
Rensis likert and other researchers at the university of michigan identified job-centered behavior, where the leader's focus is on the ______________of subordinates, and claimed that more job-centered leaders are necessarily less employee centered, showing less concern for _____________
Rensis Likert and other researchers at the University of Michigan identified job-centered behavior, where the leader's focus is on the tasks and productivity of subordinates, and claimed that more job-centered leaders are necessarily less employee-centered, showing less concern for the personal needs and well-being of employees.
Rensis Likert and other researchers at the University of Michigan conducted studies to identify different leadership styles. They discovered job-centered behavior, where the leader focuses primarily on the tasks and productivity of subordinates. They found that job-centered leaders are usually less concerned about the personal needs and well-being of employees, and are therefore more task-oriented.
They also suggested that more job-centered leaders tend to have lower levels of employee-centeredness. In summary, job-centered leaders are primarily focused on getting the job done efficiently, rather than the personal well-being of employees.
You can learn more about employee behavior at
https://brainly.com/question/30319004
#SPJ11
Even though the Constitution said nothing about presidents purchasing land,
President Thomas Jefferson purchased the Louisiana territory from France in 1803.
Jefferson felt the power came with the office, and Congress agreed. How did
President Jefferson justify doing this without authority being expressly granted to him
in the Constitution?
O necessary and proper clause
O the commerce clause
O inherent powers clause
O the three-fifths clause
Answer: its A and C and YOUR MUM LOL
Explanation:
Post-Assessment
Question 2 of 5
Why is buying a car considered "bad debt"?
It decreases in value over time
It increases your net worth as it build equity
It gives you transportation to and from your job
It is worth more than any other investment
Submit
Continue
E
The reason why buying a car considered "bad debt"is that It decreases in value over time. option A
What is bad debt?The term bad debt can be described as the amount of money that a creditor must write off as a result of a default on the part of the debtor in a case whereby the creditor has a bad debt on the books, then things turn to uncollectible and is recorded as a charge-off.
It should be noted that a case can be regarded as bad debt because the value of the asset you receive from the loan depreciates quickly however in some cases interest charges increase how the amount that is been paid for the vehicle. and in thius case cost is higher compare to what it would be if you'd purchased the car outright with cash.
Hence, option A is correct.
Learn more about bad debt at:
https://brainly.com/question/24871617
#SPJ1
Harlose Suits faced a lot of complaints from customers when its recent batch of goods was dispatched. The employees at Harlose Suits, hence, had to rework on the returned items, and in some cases, the company had to even replace the faulty goods. In this case, the costs incurred by Harlose Suits are an example of _____. a. prevention costs b. internal failure costs c. external failure costs d. appraisal costs
Answer:
c. external failure costs
Explanation
External failure costs are those costs incurred due to product failures after they have been sold and used by the customers to which such product are sold too. Although there are insurance policy ready to cater for this kind of loss incurred. The insurance Policy is called "Product Liability Insurance"
The observation that in competitive markets firm which do not approximate profit maximization fail while those that do succeed is known as the __________ __________
The observation that in competitive markets firms which do not approximate profit maximization fail while those that do succeed is known as the profit maximization hypothesis.
Firms that accurately estimate their costs, set prices accordingly, and adjust their production levels to maximize profits are more likely to be successful in the long run. On the other hand, if a firm sets its prices too high, it may lose customers to competitors.
The profit maximization hypothesis provides a framework for understanding how firms make decisions in competitive markets and emphasizes the importance of profit as a measure of success.
To know more about profit maximization hypothesis visit:-
https://brainly.com/question/32565393
#SPJ11
In the long run the primary effect of increasing the quantity of money is higher prices. T/F
False. In the long run, the primary effect of increasing the quantity of money is not higher prices, but rather changes in the overall level of economic activity.
When the quantity of money in an economy increases, it becomes easier for people and businesses to obtain credit and make purchases. This can lead to increased investment, consumption, and economic growth. However, it can also lead to inflation, which is an increase in the general level of prices.
While it is true that increasing the quantity of money can lead to higher prices in the short run, this is not the primary effect in the long run. In the long run, the primary effect of increasing the quantity of money is a change in the overall level of economic activity, including changes in investment, consumption, and inflation.
Learn more about long run Visit: brainly.com/question/14286645
#SPJ4
Research and development were perceived as an important strategic asset to drive innovation. Critically assess the shift, if any, which is required for this mindset, after open innovation has gained momentum. Base your assessment on an organisation of your choice. Also, evaluate the impact this shift might have on new product and service development.
Depending on the organisation and its sector, the attitude towards research and development (R&D) has changed since open innovation first appeared. Procter & Gamble (P&G) is one company that best represents this change.
P&G has traditionally depended on internal R&D to spur innovation. P&G has, however, embraced open innovation in recent years by working with outside partners, academic institutions, entrepreneurs, and even customers. The development of new products and services is impacted in a number of ways by this move towards open innovation. First off, it enables P&G to draw from a bigger pool of ideas and knowledge, which produces a wider range of creative solutions. Second, by collaborating with outside parties, P&G may benefit from their specialised skills and experience, facilitating quicker and more affordable growth. Lastly, open innovation encourages consumer co-creation, fostering.
learn more about Depending here :
https://brainly.com/question/30094324
#SPJ11
sharing the expenses of investment in production assets or inventory, or making long-term supply or purchase guarantees are examples of vertical integration. true false
Vertical integration is demonstrated by sharing the costs of investment in production equipment or inventories, as well as creating long-term supply or purchase commitments. This is false.
What is an illustration of vertical integration?Vertical integration refers to the structure in which a firm's supply chain is integrated and owned by that company. Typically, each member of the supply chain provides a unique product or service, and the goods work together to meet a common demand. It is in contrast to horizontal integration, in which a corporation manufactures numerous related things. Vertical integration and expansion are desirable because they ensure the supply required by the business to manufacture its product as well as the market required to sell the product.
Vertical integration may be seen in Netflix's transition from licensing shows and movies from big studios to generating its own original content.
To learn more about Vertical integration, click
https://brainly.com/question/11773609
#SPJ1
are good oppurtunities always spotted quickly or they often left unrecognized ?
Answer:
often left unrecognised
Answer:
Spotted quickly
Explanation:
10 POINTS PLEASE HELP ASAP
What kind of product should a country produce to obtain the maximum gains from trade?
A.
Products that have the lowest opportunity cost of production.
B.
Products that have the highest opportunity cost of production.
C.
Products that need to be produced using the most expensive resources.
D.
Products that can be produced with a minimum number of resources.
Answer:
I wanna say D
Explanation:
hope that helps
The products that can be produced with a minimum number of resources a country should produce to obtain the maximum gains from trade. Thus option (D) is correct.
What is Trade?Trade refers to the voluntary exchange of goods or services between economic actors. Since transactions are consensual, trade is generally considered to benefit both parties.
In finance, trading refers to purchasing and selling securities or other assets. In international trade, the comparative advantage theory states that trade benefits all parties.
Most classical economists advocate for free trade, but some development economists believe protectionism has advantages. In macroeconomics, trade usually refers to international trade, the system of exports and imports that connects the global economy.
A product sold to the global market is an export, and a product bought from the global market is an import. Exports can account for a significant source of wealth for well-connected economies.
Learn more about Trade here:
https://brainly.com/question/13837684
#SPJ2
A common share currently has a beta of 1.5, the risk-free rate is 7% annually, and the market return is 12% annually. The share is expected to generate a constant dividend of R6.70 per share. A pending lawsuit has just been dismissed and the beta of the share drops to 1.2. Calculate the new price of the share.
A) R31.31
B) R67.00
C) R51.54
D) R46.21
E) Cannot be calculated
Given that current beta of the stock is 1.5, risk-free rate is 7% annually, and market return is 12% annually, and the expected constant dividend is R6.70 per share, we are required to calculate the new price of the share if the pending lawsuit has just been dismissed and the beta of the share drops to 1.2. The new price of the share is option C) R51.54.
We will use the CAPM formula to calculate the required rate of return for this stock, which is equal to the sum of the risk-free rate and the product of the market risk premium and the beta of the stock.
Risk premium = Market return - Risk-free rate= 12% - 7% = 5%
New required return = Risk-free rate + Beta × Risk premium= 7% + 1.2 × 5%= 7% + 6%= 13%
The current price of the stock is calculated using the Gordon Growth Model, which is:
P₀ = D₁ ÷ (r - g)
Where, P₀ is the current stock price D₁ is the constant dividend expected to be paid next year is the required rate of returng is the constant growth rate of dividends. Since the dividend is expected to grow at a constant rate and the new beta of the stock is 1.2, we can assume that the growth rate of the dividend will remain constant. Let's assume R = R₁ = R20.
New g = (1 - 6.70/R) × 0.13 = (1 - 6.70/20) × 0.13 = 0.07
New P₀ = R6.70 × (1 + g) ÷ (0.13 - g) = R6.70 × 1.07 ÷ (0.13 - 0.07) = R51.54
To learn more about dividend, visit:
https://brainly.com/question/27873523
#SPJ11
Which of the following is NOT a part of reviewing and revising the financial plan?
-developing an action plan which identifies ways to achieve the goals
-regularly assessing the financial decisions
-taking a complete review of finances at least once a year
-making priority adjustments which will being financial goals in like with current life situation
Answer:
Developing an action plan which identifies ways to achieve the goals.
Explanation:
Reviewing & Revising the Plan
Involves:
regularly assessing the financial decisions
taking a complete review of finances at least once a year
making priority adjustments which will bring financial goals in line with current life situation
What can be a benefit of using interviews to select employees to hire?
A. Insights from employees' examples
B. Accurate prediction of honesty
C. Good measurement of intelligence
D. Errors from employee bias
Answer:
B. Accurate prediction of honesty
Explanation:
Interviews are one of the most effective tools that human resource managers use to determine if a candidate is a match or not for a specific job. Flexibility is the key word here. That allows both the candidate and the interviewer, the possibility of understanding what are the skills needed for a certain job and if the candidate possesses them. When someone answers a test, you can tell if the candidate knows about the subject or not, but when he/she is interviewed, you can ask for more detail and examples that help clarify the candidate's ideas, expectations and capabilities. E.g. a candidate states that he/she knows how to use WordPress very well, and the interviewer can ask him/her about specific tasks to verify if that is true.
Answer:
A. Insights from employees’ examples
Explanation:
Just took the quiz.
Why do you think the 4 components of media measurement are important?
Answer:
audience, impression, frequency, and cost per thousand (CPM) 3.
Reach””The number or percent of different homes or persons exposed at least once to an advertising schedule in one or more media vehicles over a given period of time.
Frequency””The average number of times that the household or person is exposed to a media vehicle, schedule or campaign over a given time period.
Which best describes the types of indicators that the HDI measures?
O economic and industrial indicators
O infrastructure and social indicators
O social and economic indicators
O stability and social indicators
Answer:
O social and economic indicators
Explanation:
The Human Development Index (HDI) is a statistic used to measure a country's achievements in different aspects of its social and economic welfare. The united nations developed HDI to evaluate different dimensions of human development in a country. Dimensions of human development refer to people's health, educational level, and standards of living.
The HDI makes comparisons between countries by analyzing components such as average annual income and educational achievements.
Social and economic indicators is best describes the types of indicators that the HDI measures. The HDI analyzes factors such as average annual income and educational achievements to directly compare between countries.
What is HDI ?The Human Development Index is a metric that assesses a country's progress in various areas of social and economic development.
HDI was created by the United Nations to assess many aspects of a country's human development. Human development dimensions include people's health, educational attainment, and living conditions.
Thus, option C is correct.
For more information about HDI, click here:
https://brainly.com/question/11119149
#SPJ5