Consumers are increasingly willing to substitute away from the good, and their elasticity of demand becomes more elastic, respond as the time frame shifts from the short run to the long run. Option A is the correct answer.
According to the concept of an elastic good—one in which a change in price causes a significant shift in demand—a product will be more elastic if there are more substitute available. It is possible to calculate the price elasticity of demand by dividing the percentage change in quantity needed by the percentage change in price.
Demand elasticity is the phenomena wherein demand varies in reaction to shifts in other economic parameters, such as price or income. An item or service is deemed to have an inelastic demand if consumer demand does not alter in response to price changes. Luxury goods and specific meals and beverages are illustrations of elastic goods as demand is impacted by price changes for both of these things.
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Companies that are employee-owned are commonly thought to be more profitable than are publicly-owned companies or companies with a single owner. If employees have a financial stake in the company, it is in their interest to work harder. If profit goes primarily to stockholders or a small group of owners, employees have less incentive to work hard. Yet, in a comparison of airline companies, Wingspan Airlines, which is entirely employee-owned, has recorded losses for the previous three quarters, whereas Longflite Airlines, which is owned by billionaire Martin Pearson, has recorded record profits for the previous three quarters.Which of the following, if true, best supports the conclusion that employee-owned companies are more profitable than are non-employee-owned companies?A. Wingspan Airlines has recently initiated routes to New Zealand, Australia, and Tahiti.B. Longflite Airlines has been owned by Martin Pearson for only six months.C. A cosmetics company that is entirely employee-owned has, in the last year, increased its market share by 18 percent.D. Profits recorded by Longflite Airlines include profits earned by a subsidiary that manufactures airplane parts, and because of a nationwide drop in airplane travel, all airline companies have chosen to repair their older planes rather than spend dwindling revenues on new planes.E. The employees of Wingspan Airlines voluntarily took pay cuts to give the company a chance to recover, and the employees of Longflite recently went on strike to protest poor working conditions.
Answer:
D. Profits recorded by Longflite Airlines include profits earned by a subsidiary that manufactures airplane parts, and because of a nationwide drop in airplane travel, all airline companies have chosen to repair their older planes rather than spend dwindling revenues on new planes.
Explanation:
In the given instance it is stated that Wingspan Airlines, which is entirely employee-owned, has recorded losses for the previous three quarters, whereas Longflite Airlines, which is owned by billionaire Martin Pearson, has recorded record profits for the previous three quarters.
This is in conflict with the fact that employee-owned are commonly thought to be more profitable than are publicly-owned companies or companies with a single owner.
The option that justifies this in the given instance is if every company is suffering and making losses but Longflite Airlines (which is owned by billionaire Martin Pearson) is making profit from a subsidiary that manufactures plane parts.
This will give Long life Airlines a clear advantage over other companies including the employee owned Wingspan Airlines.
Personal papers are documentary materials of a private or nonpublic character that do not relate to, or have an effect on, the conduct of agency business. True or false?.
It is true that personal papers are official records with a private or nonpublic nature that have no bearing on how an agency conducts business.
Documentary materials used solely for personal purposes are referred to as personal papers. They consist of the following types of content:
Documents produced prior to joining the government service: files from prior employment, political materials, and reference filesPrivate documents created, received, or brought into the office include family and personal correspondence, records of work-related, extracurricular, or political activity, book and article manuscripts, drafts, and volunteer and community service records.Learn more about personal document https://brainly.com/question/4119391
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Which type of skills can help you determine what your customers want?
A. Speaking skills
B. Writing skills
C. Listening skills
D. Math skills
Please select the best answer from the choices provided A B C D
Answer:
C. Listening skills
Explanation:
By listening to a customer, you can determine what they want.
Improving listening skills can help you better understand and help customers.
I hope this helps.
Answer: C edge 2021
Explanation:
ur a real one :)
How long does it take after the irs accepts your refund.
it take 6 to 8 week in order to accept your refund
A call option on UK pounds has a strike price of $2.05/£ and a cost of $0.02. What is the break-even price for the option?
a $2.03/£
b $2.07/£
c $2.05/£
d The answer depends upon if this is a long or a short call option.
The break-even price for the call option is $2.07/£ (option b)
A call option is a financial contract that gives the buyer the right, but not the obligation, to buy an asset (in this case, UK pounds) at a specified strike price on or before the expiration date. In this scenario, the strike price is $2.05/£, and the cost of the option is $0.02.
To calculate the break-even price for the call option, we'll need to determine the price at which the option's profit equals its cost. Since the option's cost is $0.02, we can determine the break-even price using the following steps:
1. Start with the strike price: $2.05/£.
2. Add the cost of the option: $0.02.
3. Calculate the break-even price: $2.05/£ + $0.02 = $2.07/£.
Therefore, the break-even price for the call option is $2.07/£ (option b).
Remember, this break-even price is the point at which the buyer of the call option would neither gain nor lose money on the transaction. The buyer would start to make a profit if the market price of UK pounds rises above $2.07/£, and they would lose money if the market price remains below this level.
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The personal needs, the culture, and the family of an individual influence his or her ethical choices.
Answer:
True
Explanation:
Ethical choices of an individua are an outcome of the social, cultural and regional exposure of the individual. Some part of the behavior and thoughts of an individual are sharped according of the ethnicity and culture. The values are enhanced and they are formed as a result of the choices made by the individual and the community. The result of the behavior, attitudes, choices and preferences of the individua are the outcome of the values formed by the person. Ethical choices are made upon the level of ethnic intensity.
How investment tax credit and employment tax credit can be used to address unemployment?
Answer:
Investment tax credit means that companies will pay less taxes if they invest in new projects. These new projects will need people to work on them for it to be successful. When companies take advantage of investment tax credits therefore and invest, they end up hiring people which would reduce unemployment.
Employment tax credit has a more direct effect on unemployment. It reduces taxes per worker hired so if an employer wants to take advantage of this, they should employ more people which would directly reduce unemployment.
Regina, a 25-year-old professional, wants to start an investment portfolio. What strategy may her financial advisor suggesta
A.Start a moderate portfolio and shift to high risk later in life.
in luce
B.Invest only in national companies.
C.Buy 100% international stocks.
D. Choose a high-risk portfolio now and change it, if needed, in the future.
Answer:
A.Start a moderate portfolio and shift to high risk later in life.
Explanation:
Investment portfolio may be defined as the financial investments done by one. It is the collection or ownership of various assets and stocks, bonds, real estates, cash, etc.
In the context, Regina who is 25 year old wishes to start an investment plan. For this her financial advisor may suggest her to start her investment in a moderate portfolio and then later may shift to a high risk portfolio. This is because Regina is young and is new to investment. She is not experience enough to invest in high risk portfolio. When she gains knowledge about investments in her life then she can properly plan her investment in order to achieve maximum profit.
Which of the following types of property are ineligible for like-kind treatment?
a. Inventory held for resale
b. Stocks and bonds held for investment
c. Equipment used in a trade or business
d. Land held outside the U.S.
e. Partnership interests
Inventory held for the resale of property is ineligible for like-kind treatment
The reason behind this is these assets are not eligible for like-kind treatment even if they are similar.
Basis in the Replacement Property is regularly increased by any gain recognized on the sale of the Relinquished Property or by capital improvements installed after purchase and is also increased by the amount Taxpayer spends more than Exchange Value when acquiring the Replacement Property.
Under The Section 1250 addresses the taxing of gains from the sale of depreciable real property, like commercial buildings, warehouses, barns, rental properties, and their structural components at an ordinary tax rate. Yet, tangible and intangible personal properties and land acreage do not fall under this tax regulation.
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If an agency's qualifying new business premium is ____ than the set minimum in a given month or quarter in the prior year, that agent's baseline will be increased to the minimum baseline that month or quarter.
Answer:
lower
Explanation:
If the premium set is below the minimum threshold then agent baseline will be increased. This is because the commission of an agent is based on the percentage of the premium. If the premium amount is lower then the commission will also be lower resulting in the agent baseline to decrease.
jones company wants to improve its debt equity ratio and offers holders of convertible bonds additional consideration for converting their bonds to common stock. during 20x1, the company paid $500,000 for such consideration. this amount should be
During 20X1, the company paid $500,000 for such consideration this amount should have same interest rates and at same maturity.
What happens when a bond is converted?The fundamental features of a bond are maintained when it is converted. The ownership, maturity date, interest rate, and interest payment schedule are all the same as they were previously. Converting a bond is not a taxable event as long as it is still producing interest.
In order to increase its debt-to-equity ratio, Jones Company is offering holders of convertible bonds extra compensation in exchange for converting their bonds into common stock. The corporation paid $500,000 in 20X1 for the consideration that the money should have the same interest rate and maturity. Therefore, the bonds can be concverted into stocks.
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marketers who want to avoid incurring unnecessary expenses when researching data should first gather:
Marketers should first gather the following information if they want to avoid spending money that isn't necessary secondary data.
What is marketer?
In today's fast-paced world, marketing is the catalyst for brand growth. What was initially verbal communication has changed to include audio and video. Today's digital marketing channels are setting the standard and assisting in the success of many brands. People who are considering career opportunities in this area need to know what marketing in business is as well as what a marketer is. A marketer is a person who advertises the goods and services of an organisation. They identify the tactics that can increase sales and revenue while making sure that these tactics are in line with both customer and market demand. Now that we are aware of what a marketer is, let's examine what a marketer does.
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how many tines in earth does the sun intersect equartor
Answer:
два
Explanation:
Post the following November transactions to T-accounts for Accounts Payable, Inventory, and Cash, indicating the ending balance. Assume no beginning balances in Accounts Payable and Inventory, and a beginning Cash balance of $36,000. A. Purchased merchandise inventory on account, $16,900. B. Paid vendors for part of inventory purchased earlier in month, $11,100. C. Purchased merchandise inventory for cash, $10,400.
Answer and Explanation:
The preparation of the T-accounts are as follows:
For Account payable
Cash $11,100 Inventory $16,900
Balance $5,800
Total $16,900 Total $16,900
For Inventory
Account payable $16,900
Cash $10,400 Balance $27,300
Total $27,300 Total $27,300
For cash
Opening balance $36,000 Account payable $11,100
Inventory $10,400
Balance $14,500
Total $36,000 Total $36,000
Which is a characteristic of judging approach
Answer:
Clarity and Closure
Explanation
Judgers take a planned, ordered, and precisely calibrated approach to life, developing both short- and long-term plans to assist them in achieving their objectives. For them, schedules and "to-do" lists are consoling. They dislike uncertainty and change, preferring to know what they are getting into instead.
Those that have this preference feel more in control of their surroundings. They are disciplined and resolute, seeking resolution as soon as possible to reduce stress. Judgers struggle with open-ended plans because they have a "work first-play later" mentality. Instead of addressing issues as they arise, they would prefer to devise three distinct backup plans.
Judgers take their obligations and deadlines very seriously, both in business and in life. They are quite particular.
In a period of economic difficulty, a product with a low elasticity of demand
will:
A. experience a major decline in sales right away.
B. continue to be purchased at about the same rate.
C. stop being produced until the economy improves.
D. increase in sales due to a perceived lack of supply,
*NEED ASAP*
How many nickels make 30 cents?.
A nickel coin is equal to 5 cents. To make 30 cents, we need 6 nickels.
The nickel is the five-cent coin of the United States. Thomas Jefferson, our third president, is depicted on the obverse (heads) of the nickel. Although the current portrait is from 2006, he has been on the cent since 1938.
The United States Mint added a new portrait of Jefferson to the front of the nickel in 2005 to give the currency a more modern appearance. Joe Fitzgerald created the image. The Mint had designed two possible reverse sides of the coin, each with a distinct motif based on "a Westward Journey." One design portrayed the American bison, while the other depicted the Pacific Ocean, the expedition's ultimate aim.
A nickel = 5 cents.
It means that:
2 nickels = 2 x 5 cents = 10 cents
3 nickels = 3 x 5 cents = 15 cents
Therefore, to get 30 cents, we need: 30/5 = 6 nickels.
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Should citizens participating in
criminal trials should have some requirements such as someone who
has a degree? Or someone who makes at least $20,000 per year? Why
or why not?
Citizens participating in criminal trials should not be required to have a degree or make a certain amount of money per year. This is because such requirements would create inequalities in the justice system and violate the principle of equal protection under the law that is enshrined in the US Constitution.
First, requiring citizens to have a degree in order to participate in criminal trials would discriminate against those who cannot afford higher education. This would create an unfair advantage for those who are more affluent and better-educated, and it would prevent many people from serving on juries or as witnesses.
Secondly, requiring citizens to make a certain amount of money per year would also create inequalities. Poorer citizens would be excluded from participating in criminal trials, which would violate their rights to equal protection under the law. Moreover, wealth is not necessarily a measure of a person's ability to serve as a juror or a witness. A person's income level does not necessarily correlate with their intelligence, education, or integrity
.In conclusion,citizens should not be required to have a degree or make a certain amount of money per year in order to participate in criminal trials. Doing so would violate the principle of equal protection under the law, create inequalities, and prevent many people from participating in the justice system.
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Why are file naming conventions essential?
A. So that data entry workers do not have to learn new systems with
every new position.
B. To make it easy to copy files for backup storage.
C. So that companies can easily share files with other companies.
D. Without everyone using the same system, it would be impossible
to know locate folders or files.
Answer:
D. Without everyone using the same system, it would be impossible
to know locate folders or files.
Explanation:
Once the election to use the LIFO inventory method has been made by a taxpayer, the inventory method may be changed only with the consent of the IRS.
A. True
B. False
A. True Once a taxpayer has elected to use the LIFO (Last-In, First-Out) inventory method, it becomes a part of their accounting method. As a result, any changes to this method must be approved by the IRS.
This is because changing inventory methods can potentially have a significant impact on a taxpayer's tax liability. For example, changing from LIFO to FIFO (First-In, First-Out) could result in a lower cost of goods sold and higher profits, which would increase the taxpayer's tax liability.To change inventory methods, a taxpayer must submit a request to the IRS and provide a detailed explanation of why the change is necessary. The IRS will then review the request and may require additional information or documentation before granting approval. It is important for taxpayers to be aware of the rules and requirements surrounding inventory methods and to work with a qualified tax professional to ensure compliance with IRS regulations.
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what accounts for the lion’s share of mercosur exports to europe?
Agricultural products, particularly soybeans and beef, account for the majority of Mercosur exports to Europe.
The lion's share of Mercosur exports to Europe is comprised of agricultural products, with a significant focus on soybeans and beef. Mercosur, the South American trade bloc consisting of Argentina, Brazil, Paraguay, and Uruguay, has a comparative advantage in agricultural production due to its vast land resources and favorable climate conditions.
Soybeans constitute a substantial portion of Mercosur's exports to Europe. The region is one of the world's largest producers and exporters of soybeans, with Brazil being the primary contributor. Europe relies heavily on soybeans for various purposes, including animal feed, food processing, and biofuel production. As a result, Mercosur countries have established a strong market presence by exporting significant quantities of soybeans to European countries.
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Share with your teacher your response to ONE of the following? assoclated with these extemallites? What are some government policies that ntempt to reduce these costs? b. What are the positive and negative externalities associated with closing nuclear power plants in Ontatio? Who bears the costs associated with these externalities? What are some govemment poicics that attempt to rectuce these cost??
For Click of Fire, Costs borne by local communities, indigenous communities, and the government and for nuclear power plants, Costs borne by the government, nuclear industry workers, and society.
1. A. Mining in the Click of Fire region in Northern Ontario has both positive and negative externalities. Positive externalities include economic growth, job creation, and infrastructure development. The mining industry can stimulate the local economy and provide employment opportunities for the community. Additionally, mining operations often require the development of infrastructure such as roads and power supply, which can benefit the region even after mining activities cease.
B. However, there are negative externalities associated with mining. These include environmental degradation, health risks, and disruption of local communities. Mining activities can lead to deforestation, soil erosion, water pollution, and habitat destruction, adversely impacting the ecosystem and biodiversity. The release of pollutants can also pose health risks to both humans and wildlife. Indigenous communities, in particular, may experience the loss of cultural practices and disruption of their traditional lifestyle due to mining activities.
C. The costs associated with these externalities are borne by different stakeholders. Local communities bear the brunt of environmental degradation and health risks, affecting their quality of life. Indigenous communities may suffer cultural losses and infringements on their rights. The government incurs costs related to managing environmental impacts, regulating mining operations, and addressing social and cultural concerns.
D. To reduce these costs, government policies aim to mitigate the negative externalities of mining. Environmental regulations and monitoring systems are implemented to minimize environmental impacts. Mine reclamation and restoration requirements ensure that mined areas are rehabilitated. Community consultation and engagement processes involve affected communities in decision-making. Financial assurances and liability requirements hold mining companies responsible for environmental damages. These policies aim to strike a balance between economic development and sustainable mining practices while protecting the environment and communities.
2. A. Closing nuclear power plants in Ontario has both positive and negative externalities. Positive externalities include environmental benefits, investment in renewable energy, and job creation in the renewable energy sector. The closure reduces the risk of radioactive waste and potential accidents, promoting environmental safety and reducing the carbon footprint of the energy sector. It also drives investment in renewable energy sources, leading to the development of cleaner and more sustainable energy systems. This transition can create new employment opportunities in the renewable energy industry, contributing to economic growth.
B. However, there are negative externalities associated with closing nuclear power plants. These include increased reliance on fossil fuels, potentially resulting in higher greenhouse gas emissions and air pollution. The closure can have economic consequences for communities and workers dependent on the nuclear industry, leading to job losses and reduced economic activity.
C. The costs associated with these externalities are borne by different stakeholders. The government incurs costs related to managing the transition, supporting displaced workers, facilitating renewable energy infrastructure development, and mitigating negative impacts. Nuclear industry workers and communities may bear the costs in terms of job losses and economic disruptions. Society at large may bear the costs of increased reliance on fossil fuels, leading to environmental degradation and potential health impacts.
D. To reduce these costs, government policies focus on supporting the transition to renewable energy. This includes providing renewable energy incentives, implementing just transition programs to support displaced workers, implementing carbon pricing and emissions regulations, and developing comprehensive energy diversification strategies. These policies aim to promote a smooth transition, minimize negative impacts, and foster a sustainable and cleaner energy future.
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Note: The complete question is:
Share with your teacher your response to ONE of the following?
a. What positive and negative externalities are associated with mining in the Click of Fire in Northern Ontario? Who bears the costs associated with these externalities? What are some government policies that attempt to reduce these cost??
b. What are the positive and negative externalities associated with closing nuclear power plants in Ontario? Who bears the costs associated with these externalities? What are some government policies that attempt to reduce these cost??
Nationwide, alcohol related collisions have a total average cost of $______ per year
Nationwide, alcohol-related collisions have a total average cost of billions of dollars per year.
These costs encompass various factors, including property damage, medical expenses, legal fees, emergency response services, and loss of productivity. Moreover, alcohol-related collisions can result in severe injuries, loss of life, and long-term physical and emotional consequences for individuals involved. The financial burden extends beyond the immediate costs and affects insurance rates, healthcare systems, and the overall economy. To address this issue, it is essential to prioritize efforts in promoting responsible drinking habits, implementing effective legislation and enforcement, and raising awareness about the dangers of driving under the influence. By doing so, we can strive to reduce the economic and societal impact of alcohol-related collisions.
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what are three primary reasons for asking others to review and comment on a presentation
Answer: to review content for accuracy, suggest improvements, or document feedback
Explanation:
i just took it
Crane Company owns equipment that cost $125,000 when purchased on January 1 2018 it has been depreciated using the straight line method based on estimated salvage value of $14.000 and an estimated useful life of 5 years Prepare Crane Company's journal entries to record the sale of the equipment in these four independent situations.
We need further information on the sale in order to set up Crane Company's journal entries for the equipment sale in four different scenarios. We specifically need to know the selling price and the date of the sale. But using the information provided, I can give a rough overview of the diary entries.
Situation 1: Let's say the equipment is sold for $60,000 on January 1st, 2022.
The entries in the journal would be as follows:
- Debit: Accumulated Depreciation ($125,000 x 5 * 3 years) = $75,000
- Debit: Loss on Sale of Equipment ($125,000 - $75,000 - $14,000 - $60,000) = $46,000
Credit: Equipment ($125,000)
- Credit: $75,000. Accumulated Depreciation
- Debit: Cash ($60,000)
Situation 2: Assume the equipment is sold for $90,000 on December 31, 2022.
The journal entries would resemble Situation 1 in that they
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Why do you think it will be important to stay flexible if your goals change as you get
older?
Answer:
You will feel stronger once you gain a bit of flexibility, simply because that flexibility gives you the range of motion to let your muscles work more efficiently. Maintaining flexibility will aid in muscle and joints health, which can keep older adults doing their favorite daily activities and remain independent.
Discuss the role of the father in attachment theory
Explanation:
Both parents are considered attachment figures in attachment theory, and the child-father attachment is autonomous from the child-mother attachment. Whereas mothers are commonly involved in caregiving and providing emotional refuge, fathers are particularly involved in play and exploratory undertakings.
Type the correct answer in the box. Spell all words correctly.
Which type of facility layout groups similar machines together so that they carry out specific functions?
In the case of a (blank) layout, similar machines are grouped together to carry out specific functions.
Answer:
A process layout groups similar activities together according to the functions they perform.
Explanation:
Answer:
process
Explanation:
Plato/Edmentum
On January 1, 2020, Green Bay Enterprises issued 10%, 10-year bonds with a face amount of $2,000,000 at 108. Interest is payable annually on January 1. The entry when the bond was issued would include a
Answer:
1.credit to premium on bonds payable for $160,000
Explanation:
The journal entry to record the issuance of the bond is given below:
Cash $2,160,000 ($2,000,000 × 108% )
To Premium on Bonds Payable $160,000 ($2,160,000 - $2,000,000)
To Bonds Payable $2,000,000
(Being the issuance of the bond is recorded)
Here the cash is debited as it increased the assets and credited the bond payable & premium on bond payable is credited as it increased the liabilities
leather dress shoes are a normal good. suppose the cost of leather increases, but incomes decrease. what happens in the market for leather dress shoes?
When the price of leather increases but revenues decrease, the market for leather dress shoes is likely to experience downward pressure. The increased cost of leather means that the cost of manufacturing leather dress shoes will increase, making them more expensive to buy.
With incomes falling, consumers will not be able to afford these more expensive leather dress shoes, leading to a decrease in demand. As a result, the market for leather dress shoes will shrink as fewer people will be able to buy them. Sellers may then be forced to lower prices to attract buyers, which could lead to a reduction in the overall quality of leather dress shoes.
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