A unique painting is sold at an auction. The painting is offered initially at 1,000,000 USD. It is larger or equal to 2,500,000 USD can you say about the willingness-to-pay of Rebecca. Thus, option (c) is correct.
She is the sole bidder who is considering purchasing the picture at the winning bid, which explains this. The painting would not have been bought by her in the end if she had not been willing to spend that much money on it.
As long as there are interested purchasers, the price of the painting is raised by 100,000 USD. Since we know that at least 15 people were interested in the painting (1,000,000 USD + 15 × 100,000 USD = 2.500.000 USD), the price of the painting has gone up by 100,000 USD.
Therefore, option (c) is correct.
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Derek's team is struggling to come to a consensus because several people are unwilling to share their thoughts. What would be the BEST question for the group to ask themselves to avoid groupthink?
A) How is this situation similar to other we've encountered?
B) What about the group could be making people feel unsafe?
C) How would this situation look different if we had more money?
D) Can we get rid of the people who aren't willing to speak up?
If Derek's team is struggling to come to a consensus because several people are unwilling to share their thoughts. The BEST question for the group to ask themselves to avoid groupthink is: B) What about the group could be making people feel unsafe?
What is groupthink?Groupthink can be defined as the way in which members of a group in unity or one accord tend to accepts decisions made in the group or the conclusion they reach after discussing on matters arising. In this group the members of the group tend to accept every viewpoint by neglecting the consequence or the negative impact they make experience as a result of the decision they made and accepted.
Based on this scenario the group should first of all ask themselves about what is causing them to feel unsafe and this will help them to combat that feelings and enables them to share their thought.
Therefore the correct option is B.
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What Came first, the color orange or the fruit?
The citrus definitely got named first. The earliest recorded use of orange the fruit in English is from the 1300s and came to us from the Old French orenge, adapted from the Arabic nāranj, from the Persian nārang, from the Sanskrit nāranga (“orange tree”)
Answer:
the fruit
Explanation:
The citrus definitely got named first. The earliest recorded use of orange the fruit in English is from the 1300s
Define a Small Scale Enterprise as per ‘MSMED Act, 2006’.
Explanation:
the Government of India has in acted, small and medium enterprises development (MSMED) Act, 2006 in terms of which the definition of micro, small and medium enterprises is an enterprise where the investment in plant and machinery is more than rate 25 lakh but does not exceed rate.
As a sales executive at a large corporation, sonya earns____for every big sale she makes. jessica, who works full time in the company’s finance department as an accountant, earns____.
As a sales executive at a large corporation, sonya earns commissions for every big sale she makes. jessica, who works full time in the company’s finance department as an accountant, earns fixed salary.
What is a commission?a payment made to a representative or employee in exchange for doing business on their behalf or rendering a service. Particularly: a portion of the funds received from the overall amount paid to the agent in charge of the business. For each automobile he sells, a commission is given to him. 7.: the act of giving someone authority.
What is a fixed salary?
Basic monthly wage with fixed monthly allowances equals a fixed monthly salary. Basic monthly salary: This is a fixed payment that does not change from month to month, regardless of the performance of the employee or the business, or whether the employee takes a leave of absence for a personal or medical reason.
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he Cheyenne Hotel in Big Sky, Montana, has accumulated records of the total electrical costs of the hotel and the number of occupancy-days over the last year. An occupancy-day represents a room rented for one day. The hotel’s business is highly seasonal, with peaks occurring during the ski season and in the summer. Month Occupancy-Days Electrical Costs January 3,240 $ 8,622 February 3,060 $ 8,228 March 1,150 $ 3,910 April 2,260 $ 7,684 May 4,310 $ 10,984 June 1,270 $ 4,318 July 3,410 $ 9,418 August 640 $ 2,176 September 1,310 $ 4,454 October 3,760 $ 9,738 November 1,330 $ 4,522 December 2,570 $ 7,868 Required: 1. Using the high-low method, estimate the fixed cost of electricity per month and the variable cost of electricity per occupancy-day. (Do not round your intermediate calculations. Round your Variable cost answer to 2 decimal places and Fixed cost element answer to nearest whole dollar amount.)
Answer:
Fixed costs= $640
Variable cost per unit= $2.4
Explanation:
Giving the following information:
Month Occupancy-Days Electrical Costs
January 3,240 $ 8,622
February 3,060 $ 8,228
March 1,150 $ 3,910
April 2,260 $ 7,684
May 4,310 $ 10,984
June 1,270 $ 4,318
July 3,410 $ 9,418
August 640 $ 2,176
September 1,310 $ 4,454
October 3,760 $ 9,738
November 1,330 $ 4,522
December 2,570 $ 7,868
To calculate the unitary variable cost and the fixed cost under the high-low method, we need to use the following formulas:
Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)
Variable cost per unit= (10,984 - 2,176) / (4,310 - 640)
Variable cost per unit= $2.4
Fixed costs= Highest activity cost - (Variable cost per unit * HAU)
Fixed costs= 10,984 - (2.4*4,310)
Fixed costs= $640
Fixed costs= LAC - (Variable cost per unit* LAU)
Fixed costs= 2,176 - (2.4*640)
Fixed costs= $640
transportation costs are low with drop-shipping because the average outbound distance to the end consumer is short. true false
True, Drop-shipping is a fulfillment method where the retailer doesn't keep the products in stock but instead transfers the orders and shipment details to the supplier or manufacturer who then ships the product directly to the customer.
This means that the products are shipped from a location that is close to the customer's location, reducing the average outbound distance. As a result, transportation costs are lower compared to traditional retail methods where products are shipped from a centralized location.
With drop-shipping, the supplier or manufacturer handles the shipping and transportation, so the retailer doesn't have to incur any transportation costs. This makes drop-shipping an attractive option for small businesses and entrepreneurs who don't have the resources to maintain their own inventory and transportation network.
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Hey! I need definitions to the following.
Temperance -
Justice -
Courage -
Perseverance -
Loyalty -
Commitment -
Pride -
Conviction -
Responsibility -
Self-Discipline
Compassion
Humility
Vitality
Dedication
Assertiveness
Fidelity
Forgiveness
Integrity
Respect for Authority
Etiquette
Work
Appreciating Cultural Diversity
Thank you so much
Answer:
Temperance - moderation or voluntary self-restraint
Justice - just behavior or treatment
Courage - the ability to do something that frightens one
Perseverance - persistence in doing something despite difficulty or delay in achieving success
Loyalty - a devotion and faithfulness to a nation, cause, philosophy, country, group, or person
Commitment - the state or quality of being dedicated to a cause, activity, etc.
Pride - a feeling of deep pleasure or satisfaction derived from one's own achievements
Conviction - the verdict that usually results when a court of law finds a defendant guilty of a crime
Responsibility - the state or fact of having a duty to deal with something or of having control over someone
Self-Discipline - the ability to control one's feelings and overcome one's weaknesses
Compassion - sympathetic pity and concern for the sufferings or misfortunes of others
Humility - the quality of being humble
Vitality - the state of being strong and active; energy
Dedication - the quality of being dedicated or committed to a task or purpose
Assertiveness - confident and forceful behavior
Fidelity - faithfulness to a person, cause, or belief, demonstrated by continuing loyalty and support
Forgiveness - the action or process of forgiving or being forgiven
Integrity - the quality of being honest and having strong moral principles; moral uprightness
Respect for Authority - to feel or show esteem, honor, and appreciation for
Etiquette - the customary code of polite behavior in society or among members of a particular profession or group
Work - activity involving mental or physical effort done in order to achieve a purpose or result
Appreciating Cultural Diversity - It is, well, appreciating cultural diversity! :D
Explanation:
I mean, you could have just searched it up :D
what best defines form
Answer:
the shape and structure of something as distinguished from its material the building's massive form.
Dalrymple Company produces a special spray nozzle. The budgeted indirect total cost of inserting the spray nozzle is $80,000. The budgeted number of nozzles to be inserted is 40,000. What is the budgeted indirect cost allocation rate for this activity?
A) $0.50
B) $1.00
C) $1.50
D) $2.0
The budgeted indirect cost allocation rate for this activity is $2.00 per nozzle ($80,000 ÷ 40,000). This means that for each spray nozzle produced, $2.00 of indirect costs will be allocated to the product.
The budgeted indirect cost allocation rate for inserting the spray nozzle activity can be calculated by dividing the budgeted indirect total cost of $80,000 by the budgeted number of nozzles to be inserted, which is 40,000.
Indirect costs are costs that cannot be directly traced to a specific product or service, but are necessary for the production process. In this case, the $80,000 budgeted indirect total cost includes costs such as equipment maintenance, utilities, and factory rent that are required for the production process of the spray nozzle.
Knowing the budgeted indirect cost allocation rate can help the company to determine the total cost of producing the spray nozzle and to set a price that will cover all costs, including indirect costs. It can also help the company to analyze the profitability of the spray nozzle and to identify areas where cost savings can be made by reducing indirect costs.
In conclusion, the budgeted indirect cost allocation rate for the spray nozzle activity is $2.00 per nozzle, which is calculated by dividing the budgeted indirect total cost by the budgeted number of nozzles to be inserted.
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True or false is April 15th is an important date for people who have a job.
Answer:
true
Explanation:
its Tax Day so they are very busy
Do you think lance is right to be concerned about leroy's plan for growth
Answer:
yes
please mark as brainliest
Macroeconomics is the branch of economics that focuses on:
A. comparing the lifestyles of poor and wealthy citizens.
B. economic principles affecting entire countries.
C. helping people find jobs when they're unemployed.
D. financial problems affecting individual families.
Answer:
B. economic principles affecting entire countries.
Explanation:
Macroeconomics is the part of economic studies that studies the economy of a country as a whole. In this branch of economics, the aggregate income, growth, expenditure and inflation are considered. The performance of the entire economy is measured under macroeconomics. National income, Gross domestic product, inflation and unemployment fall under the macroeconomic studies.
Answer:
economic principles affecting entire countries
Explanation:
i took the test
What traits helped Oprah Winfrey become successful and why
phillip morris usa is concerned about its declining consumer base. every year more americans quit smoking cigarettes and fewer and fewer are taking up the habit. they are considering buying a smokeless tobacco company and a cigar manufacturing company so that they are not entirely dependent on cigarette smokers for revenue. furthermore, there is a slight increase in the number of people using smokeless tobacco products. if phillip morris does decide to acquire these companies, what type of corporate level business strategy will they be engaging in?
If Philip Morris USA decides to acquire a smokeless tobacco company and a cigar manufacturing company, they will be engaging in a corporate level business strategy known as diversification.
Diversification is a corporate level business strategy that involves expanding into new product lines, markets, or industries in order to reduce the risk of relying on a single source of revenue. By diversifying, a company can spread its risk across multiple sources of revenue and reduce its dependence on any one particular market or product.
In this case, Philip Morris USA is considering diversifying its revenue streams by acquiring companies that produce smokeless tobacco products and cigars. This would allow the company to diversify its revenue away from its dependence on cigarette smokers, who are declining in number, and into new markets where there is a slight increase in the use of smokeless tobacco products.
Therefore, Philip Morris USA is engaging in a corporate level business strategy of diversification.
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Question 2(Multiple Choice Worth 5 points)
(02.06 MC)
In general, what kind of people earn the most money?
O People with skills that are in high demand and high in supply
O People with skills that are in high demand but low in supply
O People with skills that are in low demand and low in supply
People with skills that are in low demand but high in supply
explain one reason why cash is important to a business
Cash is the lifeblood of a business and a business needs to generate enough cash from its activities so that it can meet its expenses and have enough left over to repay investors and grow the business. While a company can fudge its earnings, its cash flow provides an idea about its real health.
An applicants medical information receives from the medical informatuon bureau may be furnished to who?
Spending money to train and develop employees is a means of fostering.
Answer:
normative commitment
Explanation:
Which of the following is a personal benefit of eaming a college degree?
A. You have more friends.
B. You are more likely to exercise.
C. You have a longer life expectancy.
D. You are more likely to vote for the right candidate.
Answer:
Option B !!!!! :))
Explanation:
Why do some auto insurance customers want medical coverage for their
policies?
A. To help find the best hospital to care for people they injured in a
car accident
B. To keep from having to make a co-pay in case of a minor injury
after an accident
C. To avoid having to pay for hospital bills resulting from an accident
they cause
D. To prevent uninsured motorists from suing them for injuries they
cause
9514 1404 393
Answer:
C. To avoid having to pay for hospital bills resulting from an accident they cause
Explanation:
The purpose of any sort of insurance is to limit or eliminate the policy-holder's liability. Medical insurance in an auto policy pays for medical bills the policy-holder might otherwise be liable for as a consequence of an auto accident.
a company's balance sheet shows: cash $32,000, accounts receivable $38,000, equipment $66,000, and equity $80,000. what is the amount of liabilities?
The amount of liabilities for the company is $56,000.
To calculate the amount of liabilities for the company, we will use the accounting equation, which states that Assets = Liabilities + Equity. The balance sheet shows cash of $32,000, accounts receivable of $38,000, equipment of $66,000, and equity of $80,000.
Step 1: Calculate the total assets by adding cash, accounts receivable, and equipment:
$32,000 (cash) + $38,000 (accounts receivable) + $66,000 (equipment) = $136,000 (total assets)
Step 2: Use the accounting equation to calculate liabilities:
Assets = Liabilities + Equity
$136,000 (total assets) = Liabilities + $80,000 (equity)
Step 3: Solve for Liabilities:
Liabilities = $136,000 (total assets) - $80,000 (equity) = $56,000
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6
A company that is located in the U.S. and sells its product to customers in Mexico is participating in what?
A. Demographics
B. News media
C. The global marketplace
D. Web marketing
Answer:
c
Explanation:
the global marketplace
Answer:
C
Explanation:
got it right on Edge
Criticism about boards of directors has led more companies to make sure the people on their boards are:
Criticism about boards of directors has led more companies to make sure the people on their boards are: Independent managers.
Who are independent managers?Independent managers are those managers who are part of LLC's board of directors but does not partake in the day to day running of the operation of the company.
This in turn means that they are independent of Limited Liability Company's ownership because they are not part of the company entity team and they have no any form of relationship with a company.
Inconclusion criticism about boards of directors has led more companies to make sure the people on their boards are: Independent managers.
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what do you think is the most challenging function being faced by a manager
Here are some of the most common challenges managers face and how to overcome them:
Decreased performance levels.
Being understaffed.
Lack of communication.
Poor teamwork.
Pressure to perform.
Absence of structure.
Time management.
Inadequate support.
Take the information Gary shared and create a Startup Cost Chart showing the costs involved with developing the app. I do not understand what I'm supposed to do
According to the U.S. Small Business Administration, the smallest business startup cost is around $3,000, while most home-based businesses cost $2,000 to $5,000.
What is a Startup cost?Startup costs are the cost incurred while creating a new business. It includes licensing and permits, insurance, office supplies, payroll, marketing costs, research expenses, and utilities.
How to calculate your startup costs:
Calculate your business organization startup costs before you launch.
Determine your startup expenses.
Estimation of how much your expenses will cost.
Add up your expenditures for a full financial picture.
Use your startup cost computations to get startup funding.
Therefore, This is how you can create a Startup Cost.
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A record of income and expenditures for a given period of time is called a/an:
Interest
Budget
Credit
Investment
A record of income and expenditures for a given period of time is called a BUDGET.
one of the consequences of not being in the eu led norway in 2011 to experience a butter crisis where prices of butter shot up to $75 due to various domestic issues. norway not having membership in the eu forced the country to pay __________ to import butter stopping the crisis?
Due to Norway's lack of eu membership, the country was forced to pay 26 kroner per kilo, or about $2 per pound as tariff, to import butter in order to end the crisis.
What is a crisis?An dangerous and unstable situation that will (or could) affect a specific person, a particular group, or the entire community is referred to as a crisis. Crises are unfavorable changes in human or environmental situations, particularly when they happen suddenly and without much or any notice.
What effects does a crisis have?In times of crisis, people frequently experience more strange bodily symptoms. Some people have physical symptoms from stress, including headache, muscle aches, stomach disturbances, and low-grade fevers.
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Brendon Walsh wants to borrow $30,000 from the bank. The interest rate is 6% and the term is for 5 years.
What is the amount of interest paid?
- $360
- $1,800
- $18,000
- $30,000
Answer:
1,800
Explanation:because
$30000*0.06=$1,800
The amount of interest paid is $1,800. Thus, option second is correct.
What is Simple Interest?Simple interest is defined as the amount of interest paid on a specific principal amount at a given rate of interest. Compound interest, on the other hand, is the interest computed on the principal and interest accrued during the preceding month.
Borrowers may get a rough estimate of borrowing costs by using simple interest. Auto loans and short-term personal loans are often interest-only loans. Simple interest does not need the calculation of compound interest.
Given that,
Amount = $30000
Years = 5
Interest = 6 %
Amount to be paid every year can be computed with the help of the following formula:-
Total amount = Amount * Years * Interest / 100
Substituting the values in the above formula,
Total amount = 30000 * 5 * 6 / 100
= 90000/100
= $9000
Hence, the interest paid for one can be calculated as follows:-
Interest amount for each year = 9000 / 5
= $1800
Therefore, $1800 is the interest amount paid for each year. Hence, option second is correct.
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Make a case Study from the book "What the great brands do by: Denise Lee Yohn on Chapter 4 "Great Brands Don't Chase Customers"
Make a case Study from the book "What the great brands do by: Denise Lee Yohn on Chapter 4 "Great Brands Don't Chase Customers".
The cas study from this book explores the principle that great brands don't chase customers. The case study of Apple Inc. exemplifies this concept. Apple has built an empire by prioritizing brand loyalty over customer acquisition.
The right direction and focus on creating innovative products and delivering superior user experiences, Apple has cultivated a strong following of loyal customers.
Apple has stayed true to its brand identity and core values instead of chasing trends or targeting the mass market.
This strategy has allowed Apple to maintain its premium pricing and withstand intense competition and making it a prime example of how great brands prioritize building relationships with their existing customers rather than constantly chasing new ones.
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A problem, situation, or opportunity requiring an individual, group, or organization to choose among several actions that must be evaluated as right or wrong is called a(n) _____.
Please find the full question below:
A problem, situation, or opportunity requiring an individual, group, or organization to choose among several actions that must be evaluated as right or wrong is called a(n) _____.
a. fraud
b. conflict of interest
c. crisis
d. indictment
e. ethical issue
Answer:
The answer is - an ethical issue (option E)
Explanation:
Ethical (from the root word ethic) is a word that describes anything relating to right or wrong.
On the other hand, an issue is an important topic, situation, subject or opportunity that is discussed, evaluated or being deliberated on (considered).
Therefore, Ethical Issue describes the disscussion, evaluation or deliberation on an important topic, situation, subject or opportunity in order to determine wether it is right or wrong.