The firms do not have enough resources or knowledge to meet the new demand. Therefore, the correct answer is (ii) and (iii) only.
In a perfectly competitive market, there is no market power; therefore, no individual firm has the power to influence the price of the product or service it sells. Furthermore, in a long-run equilibrium, all firms earn zero economic profits since firms can quickly and easily enter the market if they observe positive profits.This means that when demand rises, the equilibrium price rises as well since there is more demand for the product or service, and the quantity sold increases. Because of this, some of the existing firms will start to earn economic profit. Also, the increase in demand motivates new firms to enter the market because they will see that existing firms are earning an economic profit. This entrance of new firms will increase the supply of the product, causing the price to decrease.Firms that are not capable of meeting the new demand will exit the market. This could happen because the firms do not have enough resources or knowledge to meet the new demand. Therefore, the correct answer is (ii) and (iii) only.
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what is the impact of atm on banking sector?
Answer:
Explanation:
ATM s are of great use to the banks as the reduce the number of people storming the banks for withdrawal of money as well as deposit of money it reduces cost of operation and from customer point of view it is available easily near by hence travelling further distance to the bank is not required
ATMs are one of the most convenient services provided by the banks to customers. It is beneficial to banks as it is to its customers. It helps banks to save cost and time in withdrawing money and various other services which are now provided by ATM.
Automated teller machines, or ATMs as they are more commonly referred to, are a convenient way to conduct one-on-one transactions quickly and easily. One can do self-serviced transactions with these machines without a physical teller's aid or a trip to the bank branch. Cash withdrawals, cash deposits, and fund transfers are just a few of the many transactions possible with automated teller machines, or ATMs. Although the majority of customers only use ATMs to withdraw cash, these additional transactions make the service more effective.
With the advent of the ATM, users' financial lives became simpler because they could now perform simple transactions on their own with the aid of an ATM, which was much more practical than often visiting the bank. The ability for users to transact between banks is another significant advantage of an ATM. This means you can still use basic services like cash withdrawals from the ATM even if you don't have an account with the bank that runs the machine. Again, this saves you time and comes in handy in an emergency because you won't need to go to the ATM at your bank every time you need a quick infusion of cash. ATM helps banks operate more cheaply by lowering the number of human operations. The ATM provides service 24 hours a day which means customers can avail of money and other services at any time of the day.
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mcglone corporation had a 1/1/25 balance in the allowance for doubtful accounts of $40,000. during 2025, the company wrote off $28,000 of accounts and collected $8,400 on accounts previously written off. the balance in accounts receivable was $800,000 at 1/1 and $960,000 at 12/31. at 12/31/25, mcglone estimates that 5% of accounts receivable will prove to be uncollectible. what should mcglone report as its allowance for doubtful accounts at 12/31/25?
Mcglone should report its allowance for doubtful accounts at 12/31/25 as the sum of the adjusted balance and the estimated uncollectible amount is $68,400.
How to calculate the amount as allowance for doubtful accountsTo answer your question, let's go through the terms and calculate the allowance for doubtful accounts for Mcglone Corporation at 12/31/25.
1. Beginning balance in allowance for doubtful accounts (1/1/25): $40,000
2. Accounts written off during 2025: -$28,000
3. Collected on accounts previously written off: +$8,400
4. Accounts Receivable balance at 12/31/25: $960,000
5. Estimated uncollectible percentage: 5%
First, let's adjust the allowance for doubtful accounts based on the accounts written off and collections:
$40,000 - $28,000 + $8,400 = $20,400
Next, we'll calculate the estimated uncollectible amount at the end of the year:
$960,000 * 5% = $48,000
Finally, Mcglone should report its allowance for doubtful accounts at 12/31/25 as the sum of the adjusted balance and the estimated uncollectible amount:
$20,400 + $48,000 = $68,400
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What is meant by the economic problem?
Answer:
hey! hope this helps love! Economic problems asserts that an economy's finite resources are insufficient to satisfy all human wants and needs. Economics involves the study of how to allocate resources in conditions of scarcity.
Since the balance of payments is presented as a system of double-entry bookkeeping, Multiple Choice none of the options every debit in the account is balanced by a double-matching credit. every credit in the account is balanced by a matching debit and every debit in the account is balanced by a matching credit. every credit in the account is balanced by a double-matching debit.
The correct answer is: every debit in the account is balanced by a matching credit. The balance of payments is indeed presented as a system of double-entry bookkeeping.
In this system, each transaction is recorded as both a debit and a credit entry. The debit entry represents an increase in one account, while the credit entry represents a decrease in another account. Since every debit must have a matching credit, the balance of payments is always balanced.
This ensures that the total inflows and outflows of a country's international transactions are equal. This balance is important for understanding a country's financial position and its economic relationships with other countries.
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Which of the following is not a step in the marketing research process?
O a. Estimate sales
O b. Interpret the information
O c. Make a preliminary investigation
O d. Gather factual information
The correct answer is option (a) Estimate sales.
The practice of assessing the viability of a new good or service through interviews with prospective customers is known as market research. With the aid of this technique, businesses and organizations may identify their target market, gather and record customer feedback, and arrive at well-informed conclusions.
In a marketing research process, it includes only the steps involving the study of the market and interpreting information based on that.
In the given question, a market research process always includes the steps like gathering factual information, making a preliminary investigation and interpreting the information that was achieved through the market study. But, in a market research process, there is no work of sale estimation. Sales estimation is an end process and marketing research is a beginning process. Sales value may fluctuate and to derive a correct sales estimation, there needs to be a proper marketing research.
Therefore, estimating sales is not a part of a marketing process, hence, option (a) is the correct answer for this question.
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If Japan can produce 3 rice cakes or 6 seaweed salads in an hour, while Indonesia can produce 2 rice cakes and 5 seaweed salads in an hour, which of the following is true?
a. Japan has a comparative advantage in producing both goods.
b. Japan has a comparative advantage in producing seaweed salads.
c. Indonesia has a comparative advantage in producing rice cakes.
d. Indonesia has a comparative advantage in producing seaweed salads.
The correct option is d. Indonesia has a comparative advantage in producing seaweed salads.
Thousands of different types of microscopic, multicellular, marine algae are referred to as seaweed or macroalgae. Some varieties of Rhodophyta, Phaeophyta, and Chlorophyta macroalgae are included in the name. Other species, including planktonic algae, play a crucial role in collecting carbon, creating at least 50% of Earth's oxygen. Seaweed species like kelps provide crucial nursery environment for fisheries and other marine creatures, protecting food sources. Human activities can sometimes endanger natural seaweed habitats. Seaweeds have been grown for use by humans for a very long time. Growing seaweed for food, salads and as a source of materials for various chemicals has recently spread across the world.
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According to Walt Rostow's modernization model, a country becomes developed when __________. A. it becomes agriculturally self-sufficient B. it mobilizes capital for business investments, thereby increasing its exports C. it has a high literacy rate and widespread access to education for people of all social classes D. it has an economy based on the production of goods and services demanded by the global economy Please select the best answer from the choices provided. A B C D
A country becomes developed according to Walt Rostow's when : An economy based on the production of goods and services demanded by the global economy.
What is economic development?Economic development can be defined as increase in the income and standard of living of people in a country. It means enhancing the prosperity and quality of life for all residents within a country.
According to Walt Rostow's, when there is global demand for a country's produce, there is an economic development.
Hence, a country becomes developed according to Walt Rostow's when an economy based on the production of goods and services demanded by the global economy.
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Answer:
D
Explanation:
it has an economy based on the production of goods and services demanded by the global economy
the risk-free rate of return is 3.5 percent, the inflation rate is 2.9 percent, and the market risk premium is 7.5 percent. what is the expected rate of return on a stock with a beta of 1.43? 14.2% 8.7% 11% 13.1% 4.6%
the risk-free rate of return is 3.5 percent, the inflation rate is 2.9 percent, and the market risk premium is 7.5 percent. The expected rate of return on a stock with a beta of 1.43 is 14.2%
How do you calculate the expected return on a stock?An investor can calculate the expected return by multiplying all possible outcomes by the probability of them occurring and adding those outcomes together to arrive at the total expected return. Expected rate of return is a simple measure of probability, used to determine the likelihood and rate of return that a particular investment will yield.
Risk free rate= 3.5%
Inflation rate= 2.9%
Market risk premium= 7.5%
Beta= 1.43%
Therefore the expected rate of return can be calculated as follows
= Risk free rate of return₊ (Beta × Market risk premium)
= 3.5 + (1.43 × 7.5)
= 3.5 ₊ 10.725
= 14.225%
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Why would it be a good idea to mix stocks and bonds in your investment portfolio?
Answer:
To have more variety and just more in general!
Explanation:
Hope this helps!
A precisely measured volume of 250.0 mL of a saturated NaCl(aq) solution at room temperature is heated to
evaporate the solvent and crystallize the solute.
The mass of the dry solute is measured to be 87.9 g.
What is the solubility of the sodium chloride solution?
Answer:
0.3516 g/mL
Explanation:
Solubility = Mass of dry solute/ Volume of aqueous solution
= 87.9g / 250 ml
= 0.3516 g/mL
The solubility of NaCl is 0.3516/g/L.
What is Solubility?Solubility is the amount of solute that can be dissolved in a solution at a fixed temperature.
It is given by :
Solubility = Mass of solute/ Volume of aqueous solution
The volume of the solution is 250 ml.
The mass of the solute is 87.9 gm
The solubility = 87.9 / 250 = 0.3516 g/L
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Which type of savings account offers the best intrest rates
Here are the best online savings account interest rates
Ally Bank – APY: 1.15%, min. ...
American Express National Bank – APY: 1.15%, min. ...
Popular Direct – APY: 1.15%, min. ...
Citibank – APY: 1.01%, min. ...
CIT Bank – APY: up to 0.70%, min. ...
Vio Bank – APY: 0.60%, min. ...
PurePoint Financial – APY: 0.40%, min.
Why does the author introduce the text using a series of rhetorical questions?
A
to convince the reader that the majority of government power should be placed in the hands of the citizens, not the states that represent them
B
to inform the reader that the individual states need to maintain the bulk of power, instead of the federal government or the local communities in the state
C
to convince the reader that the majority of government power should be placed in the federal government because the states have too much infighting
D
to inform the reader that many of the individual states of the union are dissatisfied with the outcome of the conflict, and each of them are vying for power
Answer:
the answer is A. because we the citizen of a country vote them into power
When you plan a presentation, how should you make sure you stay on track as you talk?
A. Make a list of general topics and points you want to cover.
B. Write out every word of the presentation on notecards.
C. Memorize every word of the presentation in your head.
D. Have the audience tell you what else you need to talk about.
Answer:
A make a list
Explanation:
Answer:
It's A. Make a list of general topics and points you want to cover.
Explanation: hope it helps ^w^
A customer needs to attach a
A. credit report
to a customer authorization form
Assume that the three-month FR=$2.00/£ 1 and a speculator believes that the spot rate in three months will be SR=$2.10/ £1. (1) How can an individual speculate in the forward market? (2) How much will the speculator earn if he or she is correct?
Previous question
Assuming that the three-month FR is $2.00/£1 and a speculator believes that the spot rate in three months will be SR=$2.10/ £1.
What is this ?(1) The individual can speculate in the forward market by purchasing a 3-month forward contract to buy £1.
The forward price will be equal to the forward rate, which is $2.00/£1 in this case.
This means that the individual agrees to purchase £1 in three months at the rate of $2.00/£1 regardless of the spot rate at that time.
If the spot rate at that time is higher than the forward rate, the individual would have made a profit. If the spot rate is lower than the forward rate, the individual would have made a loss.
(2) If the speculator is correct, then they would earn a profit of $0.10 per £1. The calculation is done by subtracting the forward rate from the spot rate: $2.10/£1 - $2.00/£1 = $0.10/£1.
The speculator would earn this amount for every £1 that they had purchased in the forward market.
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Blossom Company is considering an investment that will return a lump sum of $850,000 3 years from now. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What amount should Blossom Company pay for this investment to earn an 6% return? (Round answer to 2 decimal places, e.g. 25.25.)
Ale jak się okazało w Polsce dniu narty nie skierowane to dniu tym świecie i jest ogóle nie ma problemu z tym że nie ma przecieku co w wszystko jutrzejszym terminie
One effective strategy for crafting online sales messages is letting receivers know how they may opt out of receiving future messages. Group of answer choicestruefalse
The given statement, "One effective strategy for crafting online sales messages is letting receivers know how they may opt out of receiving future messages." is true as Live chat offers a chance to improve visitors and customers purchasing experiences while also increasing sales for your company.
A sales messaging is the primary call to action that engages the audience, persuades them, and closes the deal. Not every sales communication will result in a direct sale, but the objective is still there. The goal is the same regardless the message you are selling is conveyed by a letter, a proposal, or radio or television advertising.
When discussing sales messaging, rationality and emotion are frequently contrasted. Every communication has values, or credibility; pathos, or emotion and excitement; and the logos, or logic and reason. You could appeal to some audience, but not the majority, if the only focus of your sales pitch is reason supported by cold, hard facts and nothing but the facts.
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In which part of a résumé would you mention details of any prizes or awards that you won in professional competitions?
Answer:
"Scholarships or Competitions" would be the appropriate choice.
Explanation:
As even the title indicates, this would be the segment of your CV or resume wherever you mention the related honors, accomplishments, or prizes you have received for performing above the norm. It requires scholarships, contests, career-related honors, or perhaps even raises to management place throughout the job. Even with your remarkable accomplishments, users shouldn't have to build a special segment.Answer:
Honors and activities
Explanation:
Hope this helps :)
Having just one error on a cover letter may Eliminate an application from being considered for employment true or false
Answer:
True
Explanation:
Cover letter need to be drafted very carefully. A good cover letter comprises of no typos error or mistakes such as incorrectly spelled name of the company, incorrectly mentioned dates, etc.
In case of any such errors, chances of rejection are high at the initial stage only.
Hence, it can be said that even a single error in the cover letter can Eliminate an application from being considered for employment
Thus, the given statement is true
Question 3 Sophia just bought shares of IBM stock for $25,000 and paid a $350 commission to her broker. How did this impact GDP? a) it had no impact on GDP b) GDP increased by $25,350 OC) GDP increased by $25,000 d) GDP increased by $24,650 e) GDP increased by $350
The overall impact on GDP is the value of the commission paid to the broker, which is $350. GDP increased by $350. Thus, option E is the correct option.
The purchase of shares of IBM stock for $25,000: When Sophia buys the shares, this transaction does not directly contribute to GDP. The purchase of existing financial assets, such as stocks or bonds, is not counted in GDP because it does not represent the production of new goods or services. Instead, it reflects a transfer of ownership of existing assets.
The payment of a $350 commission to her broker: This commission payment, on the other hand, does contribute to GDP. It represents a service provided by the broker to facilitate the stock purchase. This commission fee is a part of the value-added in the financial services sector, which is considered a part of GDP.
Thus, option E is the correct option.
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Which is an example of a small business showing social responsibility to individuals within the company?
A. starting an office recycling program
B. developing sustainable business practice
C. donating money to local organizations
D. allowing employees to work from home
Starting an office recycling program, developing sustainable business practice and donating money to local organizations are examples of a small business showing social responsibility to individuals within the company.
Company have a social responsibility to the communities in which they operate. This includes ensuring that they are good corporate citizens, providing support for local causes and charities, and protecting the environment.
Sustainable business is a term that is often used to describe businesses that are environmentally friendly or that have a positive social impact.
Hence, the correct options are "A, B & C".
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What are some benefits of paying taxes? Check all that apply.
ensuring that the needs of the nation are fulfilled
paying for public works such as highways and museums
reducing the amount of money consumers can spend
slowing growth in the economy
paying for government programs that help citizens
Answer:
A,B,E
Explanation:
got it right on test
Answer:
a b e
Explanation:
right on edge
Many nations restrict hedging of their currencies due to their national and international policies and interests.
Answer: False
Explanation:
Currency hedging is defined as plan to reduce the influence of foreign exchange on international investment. Many nation's partake in hedging of their currency in order to protect or reduce foreign exchange effect on their currency. They do these by either foreign currency option, forward contracts or spot contracts. It is a safe measure that should be applied by countries for their currency.
which statement about cash crops is false? a) cash crops can provide revenue to purchase nutritious foods for local people. b) production of cash crops may limit the ability of local people to produce enough food to feed their families. c) cash crops are typically raised for local consumption. d) coffee is a cash crop.
The false statement about cash crops is:c) Cash crops are typically raised for local consumption.
Cash crops are specifically grown for commercial purposes rather than local consumption. They are cultivated and produced with the primary intention of generating revenue by selling them in domestic or international markets. Cash crops often have high market value or demand, which makes them financially lucrative for farmers or agricultural businesses.
The other statements are true:(a) Cash crops can provide revenue to purchase nutritious foods for local people. Cash crop cultivation can generate income for farmers, which can then be used to purchase nutritious foods for themselves and their communities.(b) Production of cash crops may limit the ability of local people to produce enough food to feed their families. When farmers prioritize cash crop production, they may allocate less land or resources to growing food crops for subsistence. This can result in a reduced ability to produce enough food to meet the needs of local communities.(d) Coffee is a cash crop. Coffee is a widely cultivated crop primarily for its economic value. It is grown in various countries and regions around the world and traded as a valuable commodity on the global market.
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a firm acquired an assset on 1st Apri, 1990 at a cost of Le 30,000. The useful life of the asset is expected to be 10 years. The estimated scrap value of the asset at the end of the year is Le 2,000. Show the provision for depreciation account for the first 3 years in the life of the asset using the Straight line method
Answer:
First year : Le 2100
Second year : Le 2800
Third year : Le 2800
Explanation:
Given the following :
Cost of equipment = 30,000
Useful years = 10
Salvage or scrap value = 2,000
depreciation account for the first 3 years in the life of the asset using the Straight line method :
Straight line Depreciation :
(Cost - salvage value) / useful years
First year: (April - December 1990)
April - December 1990 = 9 months
(30,000 - 2000) / 10 × 9/12
28000 / 10 × 0.75 = Le 2100
Second year:
(30,000 - 2000) / 10 × 12/12
28000/ 10 = Le 2800
Third year:
(30,000 - 2000) / 10 × 12/12
28000/ 10 = Le 2800
Two profit-maximizing firms - Firm A and Firm B, have identical marginal cost curves and face identical demand. However, Firm A has a higher fixed cost than Firm B. What will be true about the output produced by the two firms?
Answer:
An apple, potato, and onion all taste the same if you eat them with your nose plugged
Explanation:
fiscal policy refers to the idea that aggregate demand is affected by changes in
Fiscal policy refers to the idea that aggregate demand is affected by changes in Government spending and taxes.
What is fiscal policy?Fiscal Policy refers to government policy of using tax and spending to meet economic goals.
Here, a government adjusts its spending levels and tax rates to monitor and influence a nation's economy.
Hence, Fiscal policy refers to the idea that aggregate demand is affected by changes in Government spending and taxes.
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True/FalseThe effectuation process starts with what one has and selects among possible outcomes.
The statement is true that the effectuation process starts with what one has and selects among possible outcomes.
The effectuation process begins with what the individual has and chooses from a range of potential results. When thinking casually, one begins with what they already have and considers all of their options. Instances of segmentation factors include demography, ethnicity, and relationship status. Effectuation is a mode of thinking that aids business owners in establishing their enterprises since it offers a means of controlling an ambiguous future.
A process idea called effectuation explains how innovators launch new businesses. Entrepreneurs might choose between causative or forecast thought and efficacious thought or effectuation when considering how to add value for a business.
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IN A DEPARTMENT STORE, SALESPEOPLE ARE REWARDED BASED ON THEIR SALES VOLUME. THE PROBLEM IS THAT THEY ARE GIVING SUBSTANTIAL DISCOUNTS AND PRESSURING CUSTOMERS TO MAKE UNNECESSARY PURCHASES What are the reasons for the negative consequences of these bonus schemes? Modify these schemes to solve the problems.
Answer:
This bonus scheme has two main problems:
consumer satisfaction will decrease because they are pressured to make unnecessary purchases and once they realize it they will not be happy with the store nor with their purchasing experience. This will damage the relationship between the store and its customers. since salespeople are offering substantial discounts in order to boost sales volume, then the profits of the company will decrease.In this situation both lose, the company and its customers.
In order to solve this issue, the store should award bonuses based on total revenue and gross profit margin, not volume. This way, the salespeople will try to sell their products at the normal price, which means that they will have to convince their customers through other strategies and not just low price. The sales technique will have to shift from low cost to differentiated product that can satisfy their customers' needs.
Based on the information given, the negative consequence of the bonus schemes is the reduction in profit.
It should be noted that a bonus scheme simply means an incentive scheme given to employees. It's used to boost the performance of the team.
It should be noted that the disadvantage of the bonus scheme is that it can lead to competition among the employees. Therefore, in this case, the bonus should not be based on volume of goods sold.
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Autocratic managers tend not to _____.
Answer:
Autocratic managers don't entertain any suggestions or consider initiatives from subordinates. This style of management is effective for quick decision making but is generally not successful in fostering employee engagement or maintaining worker satisfaction.
Explanation: