antel and imd both produce similar computer chips, and the two companies dominate this market. the table shows the choices available to antel and imd in terms of total output and the profits they would make in each of these situations. use this table to answer the four questions. a. using what you know about the prisoner's dilemma, what would be the profit for antel and imd in millions? antel profit: $ $ million imd profit: $ $ million b. what would be the best collective option for both firms? c. select all of the reasons antel and imd would make more profit at the original constant production level? the firms should cooperate. act independently. the original production level is more profitable because it restricts the supply of computer chips. overall demand for computer chips will increase. they can both charge more for the product at the given level of production.
Answers
If both firms choose to produce a high amount, they will each make a profit of $5 million. However, if one firm chooses to produce a high amount while the other chooses to produce a low amount, the firm producing a low amount will make a profit of $7 million while the other will only make a profit of $1 million.
This situation is a classic example of the prisoner's dilemma, in which both firms have an incentive to produce a high amount of computer chips to maximize their profits. However, this strategy is not the best collective option for both firms.
If both firms agree to produce a low amount of computer chips, they will each make a profit of $3 million, which is better than the $1 million profit they would make if one firm chooses to produce a high amount. Therefore, the best collective option for both firms is to cooperate and agree to produce a low amount of computer chips. This decision is based on the assumption that both firms are rational and aim to maximize their profits.
At the original constant production level, both firms would make more profit if they cooperated and produced a low amount of computer chips. If the firms acted independently and each produced a high amount, they would each make a profit of $5 million.
However, if they cooperated and each produced a low amount, they would each make a profit of $3 million. This is because producing a high amount of computer chips would result in a surplus of supply, which would drive down the price and decrease their profits.
In addition, restricting the supply of computer chips would allow the firms to charge more for the product at the given level of production. Moreover, overall demand for computer chips is likely to increase in the future, which means that the firms can benefit from producing a lower amount now and increasing production later when demand is higher.
In conclusion, the prisoner's dilemma scenario presented in the table highlights the importance of cooperation and the potential benefits of restricting supply to maximize profits in the long run.
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Related Questions
The manufacturing overhead budget at Franklyn Corporation is based on budgeted direct labor-hours. The direct labor budget indicates that 3,300 direct labor-hours will be required in January. The variable overhead rate is $8 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $43,170 per month, which includes depreciation of $3,590. All other fixed manufacturing overhead costs represent current cash flows. The January cash disbursements for manufacturing overhead on the manufacturing overhead budget should be:
Answers
Answer:
$65,980
Explanation:
Calculation for what The January cash disbursements for manufacturing overhead on the manufacturing overhead budget should be
Using this formula
Cash disbursements for manufacturing overhead= Variable + Fixed
Let plug in the formula
Cash disbursements for manufacturing overhead=(3,300*$8) + ($43,170 - $3,590)
Cash disbursements for manufacturing overhead= $26,400 + $39,580
Cash disbursements for manufacturing overhead= $65,980
Therefore The January cash disbursements for manufacturing overhead on the manufacturing overhead budget should be $65,980
start a conversation with me and you get points plus brainliest
Answers
Answer:ok
Explanation:
Hi
Hi! So how long have you been using brainly?
Can someone please help me with this!!!!
Answers
Answer:
Eh easy aall you have to do is pay 4,305 dolllars
Explanation:
(look at the graph)
a) if the terms of trade are 4 chips for 1 pretzel, would trade be advantageous for Luxland? explain.
b) if the terms of trade are 4 chips for 1 pretzel, would trade be advantageous for Leanderland? explain.
Answers
Answer:
a) if the terms of trade are 4 chips for 1 pretzel, would trade be advantageous for Luxland? explain.
Yes, it is advantageous for Luxland. On its own, Luxland can only produce 1 chip for 1 pretzel, but with trade, 1 pretzel would now be equivalent to 4 chips, representing a net gain of 3 chips.
b) if the terms of trade are 4 chips for 1 pretzel, would trade be advantageous for Leanderland? explain.
No, trade would not be advantageous. We can see than domestically, Leanderland can produce 2 pretzels for every chip, because the graph shows that 4 chips are equivalent to 8 pretzels for this nation.
For trade to be advantageous, Leanderland should obtain at least 9 pretzels for the 4 chips.
A) The terms of trade will be advantageous for Luxland because, according to the graph, it can produce only one chip for Pretzel.
However, If it decides to trade, it would accrue a gain of 3 additional chips under the 4 chips to 1 Preztel arrangement.
B) Already, Leanderland gets 1 chip for 4 pretzels. Therefore, it will be disadvantageous for it to accept 4 chips for 1 pretzel trade arrangement. The above question seeks to highlight the comparative advantages of Leanderland and Luxland.
What is Comparative Advantage?When an economy or country has the ability to manufacture a good or service at a lower opportunity cost than its trading partners, it is said to have a comparative advantage. In the graph above, Luxland has a comparative advantage with the production of Chips.
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True or false Interpersonal workplace skills deal with your ability to get along with other people.
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The given statement "Interpersonal workplace skills deal with your ability to get along with other people" is True because Interpersonal skills, also known as soft skills, people skills, or emotional intelligence, refer to the abilities that individuals possess to communicate effectively with other people and develop and maintain relationships.
Interpersonal workplace skills are critical in the workplace as it helps people in the organization interact with each other positively and enhances teamwork in the workplace. Individuals who possess strong interpersonal skills can work together effectively and efficiently, which leads to increased productivity in the organization. Some of the key interpersonal skills that people must have to thrive in a work environment include active listening, effective communication, conflict resolution, collaboration, time management, and empathy. Active listening is a vital interpersonal skill that individuals must have to thrive in the workplace.
It entails concentrating on the speaker, summarizing the information they provide, and asking relevant questions. Effective communication is another critical interpersonal skill. Clear communication ensures that every member of the organization understands the information and requirements communicated to them. Conflict resolution is also an essential interpersonal skill that individuals must have. It involves finding amicable solutions to disagreements between colleagues.
Collaboration is an essential interpersonal skill as it helps people work together towards common goals. Time management is also a critical interpersonal skill as it ensures that tasks are completed within the allocated time frame. Finally, empathy is an essential interpersonal skill that helps individuals understand and relate to the feelings and experiences of other people.
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Richard has recently finished college and is about to prepare for his exam to become a certified public accountant. He wants to talk to other accountants to learn how best to prepare for this exam. Which professional organization would be most helpful for him to join?
Answers
Answer:
The accountant federation
To open a margin account for a partnership, all of the following documentation is required except? a new account form b customer's agreement c partnership agreement d joint account agreement
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The correct answer is d. To open a margin account for a partnership, joint account agreement is not required. All other documents which include new account form, customer's agreement, and partnership agreement are required.
A document outlining the terms of a joint account that is held by the account holders. The joint account agreement specifies whether each account holder will be permitted to withdraw money from and deposit money into an account, or if all account holders should agree before either action can be taken. Both brokerage accounts and bank accounts which are held in the names of two or more people require joint account agreements.
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write on perfect competition
Answers
What is a benefit of a negative monetary incentive?
Answers
The aim of negative incentives is the same as the aim of any other work motivator: to urge workers to perform their tasks as effectively and as well as they can, but with the chance of a negative outcome.
Explain negative monetary incentive.Unwanted incentives are a trick employed by managers to motivate their staff to perform well in order to avoid repercussions. Instead of offering a reward for reaching a goal, a manager may suggest a penalty if the goal is not achieved, such as withholding a bonus, forfeiting a potential vacation day, writing the employee up, or, in extreme cases, demoting the worker. The aim of negative incentives is the same as the aim of any other work motivator: to urge workers to perform their tasks as effectively and as well as they can, but with the chance of a negative outcome rather than a positive outcome.
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How many estimated agriculture-related career opportunities can students explore? 300 | 400 | 500 | 600 | 700
Answers
With an estimated 300 employment options in agriculture, students can investigate a variety of fields.
What does agriculture entail?The art or art of managing the soil, growing crops, and raising livestock is known as agriculture. It involves preparing plant and animal items for human consumption and distributing them to marketplaces.
What distinguishes agriculture from farming?Agriculture encompasses a wide range of activities, including production, research, and development, as well as farming. Additionally, it describes the science or practice of farming, which includes preparing the soil for agricultural growth and raising animals for food, fiber, and other items.
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After taking a reading-week trip to the Dominican Republic, you are now hooked on Cuban cigars. You decide to build a stock portfolio with two different cigar companies: Altadis' Behike (Altadis) and Gurkha's His Majesty's Reserve (Gurkhas). You purchase 1,000 Altadis shares, each at a price of $45. You also purchase 1,200 Gurkha's shares, each at a price of $65. Calculate Altadis' portfolio weight. O a.0.426 Ob.0.366 OC. 0.386 Od.0.316 Oe.0.416
Answers
Altadis' portfolio weight is calculated by dividing the total value of Altadis' shares by the total value of the portfolio. In this case, Altadis' portfolio weight is approximately 0.366, indicating that Altadis represents around 36.6% of the portfolio's value. Option b is correct.
To calculate Altadis' portfolio weight, we need to determine the total value of Altadis' shares and the total value of the entire portfolio.
Total value of Altadis' shares = Number of shares * Share price = 1,000 * $45 = $45,000
The total value of the portfolio = Total value of Altadis' shares + Total value of Gurkha's shares
= $45,000 + (1,200 * $65) = $45,000 + $78,000 = $123,000
Altadis' portfolio weight = Total value of Altadis' shares / Total value of the portfolio
= $45,000 / $123,000 ≈ 0.366
Therefore, Altadis' portfolio weight is approximately 0.366, which corresponds to option (b).
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What are the two main categories of participants in​ markets?
Answers
They may include manufacturers, retailers, wholesalers, or other intermediaries. The two main categories of participants in markets are buyers and sellers.
Buyers are individuals or entities that purchase goods or services in a market. They may include consumers, businesses, governments, or other organizations. Buyers typically seek to acquire goods or services that will satisfy their needs or wants at the lowest possible price.Sellers, on the other hand, are individuals or entities that offer goods or services for sale in a market. Sellers seek to earn a profit by selling goods or services at a price higher than the cost of production. They may also engage in marketing and advertising efforts to promote their products and attract buyers. The interaction between buyers and sellers in a market is what determines the prices of goods and services and the quantity of goods and services that are produced and consumed.
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how many black millionaires are there in the united states?
Answers
Answer:
1.5 million black American millionaires.
Explanation:
On april 1, the company retained an attorney for a flat monthly fee of $3,500. Payment for april legal services was made by the company on may 12. Prepare the required adjusting entry, if any
Answers
Answer:
On April 30,
Dr Attorney Fee Expense $3500
Cr Attorney Fee Payables $3500
On May 12,
Dr Attorney Fee Payables $3500
Cr Cash Account $3500
Explanation:
Okay here the attorney fee is the legal fee expense that was accrued in April and must accounted for as accrued expense. The accounting entry would be increase in payables (Credit) and expense (Debit) as well.
Dr Attorney Fee Expense $3500
Cr Attorney Fee Payables $3500
Now on May 12, the company paid the expense which means that the legal fee payable was reduced to zero (Reduction in liabilities is always debited) and the cash is also reduced by $3500 (Asset reduction is always credited).
Dr Attorney Fee Payables $3500
Cr Cash Account $3500
Suppose the Fed announces that it is raising its target interest rate by 50 basis points, or 0.5 percentage points. To do this, the Fed will use open tharket operations to the money by the public. Use the green line (triangle symbol) on the previous graph to Mustrate the effects of this pollcy by placing the new money supply curve (MS) in the correct iocation. Piace the black point (plus symbol) at the new equilibrium interest rate and quantity of moneyi Suppose the foliowing graph shows the aggregate demand curve for this economy. The Fed's policy of targeting a higher interest rate will. the cost of borrowing, causing residential and business investment spending to at each price level.
Answers
The Fed's policy of raising the target interest rate will increase the cost of borrowing, leading to a decrease in residential and business investment spending at each price level.
When the Federal Reserve (Fed) raises its target interest rate, it becomes more expensive for individuals and businesses to borrow money. This increase in the cost of borrowing has a direct impact on investment spending.
Residential investment refers to the construction and purchase of new homes, while business investment includes expenditures on capital goods like machinery, equipment, and factories. Both residential and business investment rely heavily on borrowing to finance their projects.
With higher interest rates, the cost of borrowing increases, making it less attractive for individuals and businesses to take out loans. Higher interest rates raise the cost of mortgage loans for potential homebuyers, discouraging residential investment. Similarly, businesses face higher interest expenses on loans, making them more cautious about undertaking new projects and reducing business investment.
As a result, the aggregate demand curve, which represents the total spending in the economy at different price levels, shifts inward. The decrease in residential and business investment spending leads to a reduction in overall demand, as fewer resources are allocated towards these sectors. This shift in aggregate demand can result in decreased economic activity and slower growth.
In summary, the Fed's policy of raising the target interest rate increases the cost of borrowing, which negatively affects residential and business investment spending. This, in turn, leads to a decrease in aggregate demand and potentially slower economic growth.
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You observe that unplanned inventories are increasing. You predict that there will be
A. recession.
B. business cycle.
C. trough.
D. a collapse of the stock market.
E. an expansion.
Answers
You observe that unplanned inventories are increasing, which can indicate a potential recession. The correct option is A
When unplanned inventories increase, it suggests that businesses are producing more goods than consumers are purchasing. This results in an excess supply of goods and services, which can lead to a decrease in production levels, business revenues, and overall economic activity.
As a consequence, economic growth may slow down or even contract, entering a period of recession. A recession is a phase of the business cycle (B) characterized by a decline in economic activity. It can negatively impact employment, investment, and corporate profits.
During a recession, the economy reaches a trough (C), which is the lowest point of economic activity before it begins to recover. While a recession does not necessarily lead to a stock market collapse (D), it can contribute to stock market volatility and uncertainty.
If the economy recovers and begins to expand, it enters into an expansion phase (E), which is characterized by increased economic activity, employment, and investment. The correct option is A.
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Payroll Statement Definition
A payroll statement is a list that contains details of the salaries and the wages paid out to the employees of an organization for a specific period of time. The list of employees, the amounts paid out to them, and the deductions made would ideally be included in a payroll statement.
Answers
A payroll statement is a list that includes information on the wages and salaries given to employees of an organisation for a specified time period.
The ideal payroll statement would contain the list of employees, the sums paid to them, and the deductions made. A Payroll Statement typically contains information about the employees of an organisation. Various payroll elements paid to all employees are tabulated on a payroll statement.
It can be organised by department, place, title, etc. The employee number, department, or cost centre can be used to sort the payroll statement. The Payroll Statement report can be used to create a report for a particular Pay Head or Ledger.
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in the external analysis phase of the afi strategy framework, what should managers ask?
Answers
In the external analysis phase of the AFI strategy framework, managers should ask - "How do external forces affect our strategy and competitive advantage?" i.e. Option 3 is correct
AFI Strategy Framework is a model that joins three related vital administration undertakings that together assist firms to consider and carry out a procedure that can further develop execution and result in the upper hand. Coming up next are the 3 Errands of the AFI Strategy Framework:
Analyze - The Essential Administration Interaction, Outer Investigation, Inside Examination, and Firm Execution.
Formulate - Business System, Corporate Procedure, and Worldwide Methodology.
Implement - Association Plan, Corporate Administration, Business Morals, and Vital Initiative.
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Complete Question -
In the external analysis phase of the AFI strategy framework, managers should ask,
- "What is our mission and purpose?"
- "How does strategy come about?"
- "How do external forces affect our strategy and competitive advantage?"
- "What is our process for making strategy so that we can be competitive?"
Checking off tasks as they are completed is which step in creating an effective assignment notebook?
Step 1
Step 2
Step 3
Step 4
Answers
Answer:
Step 2
Explanation:
Answer:
Step 4
Explanation:
In general, how would you describe the U.S. Economy to someone else?
Answers
The U.S. is a mixed economy, exhibiting characteristics of both capitalism and socialism. Such a mixed economy embraces economic freedom when it comes to capital use, but it also allows for government intervention for the public good.
If at the end of a period, a company has $400 in cash, $100 in accounts
receivable, and $100 in accounts payable, the post-closing trial balance will
show _____worth of debits.
A. $200
O B. $400
O C. $600
O D. $500
Answers
The post closing balance will show $500 worth of debits.
This is because if a company has $400 in cash, that is considered an asset for the company. Cash is an asset for the business.
Accounts receivable is an asset as well because it is the amount that debtors owes the business. It’s the amount that debtors should give to us the business.
After many months in business, Horatio decides that there are some negative aspects of having a sole proprietorship. All of the followin
are negatives except.
Answers
As Horatio decides that there are some negative aspects of having a sole proprietorship, the exception to the negative was "Pride of ownership".
What is a sole proprietorship?It refers to a one-man business organisation. It involve a natural person (not a legal person/entity) who fully owns and manages this type of entity. In addition, the sole proprietorship usually does not have to be incorporated or registered.
Because of these fact, the sole proprietorship is the simplest form of business structure and the ideal choice to run a small business or medium scale business.
Missing options "a)lack of money b)lack of continuity c)pride of ownership d)unlimited liability
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What are the 3 reasons for the Wealth Gap?
Answers
Answer:
(iii) Growth in technology widens income gap. Growth in technology arguably renders joblessness at all skill levels [3].
(iv) Gender does matter. In many countries, there is a gender income gap in the labor market [3].
(v) Personal factors.
(ii) Globalization.
Explanation:
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Evaluate and assess a Human Resource Management’s position in a contract negotiation focus; i.e. David Tepper & the Panthers; Washington State Nurses Association ; Kevin Durant & Steph Curry; or an other recent/current negotiations. Also, evaluate and assess the impact on ALL stakeholders. Keep in mind that a stakeholder is anyone, any group, or any location that has a vested interest in a contract situation.
Your quest is to develop an I Win - You Win Environment by making adjustments in the Negotiations Process - but how? Remember all stakeholders have a position in the contract negotiation situation.
Answers
In any contract negotiation situation, the Human Resource Management position is vital. Contract negotiation is an art, and HRM plays a crucial role in ensuring that all stakeholders are considered and satisfied.
They need to strike a balance between player demands and organizational goals. Washington State Nurses Association: In this case, the Human Resource Management position would be to ensure that the organization maintains proper staffing levels and retains quality nurses. They need to ensure that the nurses are satisfied with their salaries and working conditions while also taking into account the budget constraints of the organization. Kevin Durant & Steph Curry: In this case, the HRM position would be to ensure that the organization retains top talent and remains competitive. They need to strike a balance between player demands and organizational goals, taking into account the team's long-term success.
They need to ensure that the players are satisfied with their salaries and working conditions while also taking into account the budget constraints of the organization. Evaluating and assessing the impact on all stakeholders is essential in any contract negotiation situation. Stakeholders may include employees, management, investors, customers, and the general public.
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How does a presentation slide show play when set to the Browsed at a Kiosk option?
from start to finish when a viewer presses the Play button
one slide at a time when a viewer presses the Next button
On its own without a user pressing buttons to advance slides
one slide at a time when a presenter presses the Next button
Answers
Answer:
On its own without a user pressing buttons to advance slides
Explanation:
The kiosk mode of presentation is usually used for unattended presentations such as those that happen in stores, airports, etc where there are no delegated presenters/viewers to press the next button.
In order words, the kiosk mode is like an automatic presentation mode that requires no human assistance.
Answer:
Its C
Explanation:
COMPUTING DILUTED EARNINGS PER SHARE WITH MULTIPLE POTENTIAL COMMON SHARES Anderson Corporation Net income after tax and before conversion or exercise 4,123,580$ Weighted average common shares beginning of year before conversion or exercise 489,000 Total par value convertible bonds 3,000,000$ Stated & market interest rate on bonds 3.50% The total number of common shares that the bonds are convertible into 37,000 Issued March 1 of the current year Total shares of cumulative preferred stock 187,450 Par value per preferred share 2.00$ Dividend rate as a % par value 6.0% The total number of common shares that the preferred stock is convertible into 187,450 Outstanding as of the beginning of the year . Total stock options available to be exercised 75,000 Exercise price of warrants 98.00$ Market price of common shares 102.00$ Issued October 1 of the current year Tax rate 20%
3.) Compute the foregone interest expense AFTER TAX on the convertible bonds.
7.) Compute the incremental increase in the number of shares outstanding for the stock options.
10.) Compute diluted earnings per share. Round to two decimal places.
Answers
The foregone interest expense after tax on the convertible bonds is $84,000. The incremental increase in the number of shares outstanding for the stock options is 75,000. The diluted earnings per share is approximately $5.23.
Interest ExpenseTo compute the required values, let's go through each question step by step:
3.) Compute the foregone interest expense After Tax on the convertible bonds:
First, calculate the annual interest expense on the convertible bonds:
Interest Expense = Total par value convertible bonds × Stated & market interest rate on bondsInterest Expense = $3,000,000 × 3.50% = $105,000Next, calculate the foregone interest expense after tax:
Foregone Interest Expense = Interest Expense × (1 - Tax rate)Foregone Interest Expense = $105,000 * (1 - 0.20) = $84,000Therefore, the foregone interest expense after tax on the convertible bonds is $84,000.
7.) Compute the incremental increase in the number of shares outstanding for the stock options:
The incremental increase in the number of shares outstanding for the stock options is simply the number of stock options available to be exercised, which is 75,000.
Therefore, the incremental increase in the number of shares outstanding for the stock options is 75,000.
10.) Compute diluted earnings per share:
To compute diluted earnings per share (EPS), we need to consider the impact of all potential common shares, including the convertible bonds, preferred stock, and stock options.
Step 1: Calculate the weighted average common shares outstanding (denominator):
Weighted average common shares = Weighted average common shares beginning of year + Common shares from convertible bonds + Common shares from preferred stock + Incremental increase in shares from stock options
Weighted average common shares beginning of year = 489,000Common shares from convertible bonds = Total number of common shares that the bonds are convertible into = 37,000Common shares from preferred stock = Total number of common shares that the preferred stock is convertible into = 187,450Incremental increase in shares from stock options = Number of stock options available to be exercised = 75,000Weighted average common shares = 489,000 + 37,000 + 187,450 + 75,000Weighted average common shares = 788,450Step 2: Calculate the diluted earnings per share (EPS):
Diluted EPS = Net income after tax and before conversion or exercise / Weighted average common shares
Diluted EPS = $4,123,580 / 788,450Diluted EPS = $5.23 (rounded to two decimal places)Therefore, the diluted earnings per share is approximately $5.23.
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You stay in a semi-urban setup and near your house, services for senior citizens are
extremely unreliable. How will you plan your service offering? What are the challenges you
will face while creating your service offering
Answers
To address the unreliable services for senior citizens in the semi-urban setup. A needs assessment can be conducted to identify the most pressing issues faced by the elderly community.
This information can then be used to develop a comprehensive service offering that caters to their needs. Challenges such as limited resources, lack of funding, cultural and language barriers, and inadequate support from the government or community may arise during the creation of the service offering. Overcoming these challenges will require collaboration with other organizations and stakeholders, leveraging resources, and using creative solutions such as technology to improve service delivery and outreach.
The goal should be to create a sustainable network of support for the elderly population in the community.
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what do you prefer local fundraising or global fundraising and why? (just one reason)
Answers
Answer:
Doing local fundraising for a large organization can sometimes seem complicated and unwieldy. Whether you are running a local affiliate of a large national organization, or are responsible for raising funds in a single neighborhood for a small, city-wide charitable group, raising local money for larger groups presents a unique challenge. I prefer local fundraising
global fundraising
Explanation:
because you can help people without water and electricy
Which of the following best describes the law of supply and demand?
A. When a desirable product or service is plentiful, its value increases.
B. Businesses can charge extra for products that people use every day.
C. When there is a high demand for a product, it is hard to supply.
D. When a desirable product or service is scarce, its value increases,
Answers
Answer:
d is you answer
Explanation:
Answer:
D. When a desirable product or service is scarce, its value increases.
Explanation:
Because more people want a product that there is less of, meaning they will raise the price.
3.
How is net profit determined ?
han
Answers
Answer:
Net profit: Calculate the net profit (aka net income) by subtracting total expenses from total revenue to see exactly how much a company profits (a new profit) or loses (a net loss). A company's net income over time is a great indicator of how well or poorly its management team runs the company.
Explanation:
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