If a tax is levied on the buyers of a product, the supply curve will not shift. The correct answer is A) not shift.
The supply curve represents the relationship between the quantity of a product supplied by producers and its price. It is determined by factors such as production costs, technology, and resource availability. When a tax is imposed on buyers, it affects the demand for the product rather than the supply. A tax on buyers increases the price that buyers have to pay for the product, leading to a decrease in the quantity demanded. This results in a movement along the existing supply curve, rather than a shift in the curve itself. The quantity supplied by producers remains the same, but the quantity demanded by buyers decreases due to the higher price.
To learn more about supply curve click here: brainly.com/question/14925184
#SPJ11
Compare and contrast the principal characteristics of a market economy with those of a command economy
Answer: Market economy utilizes private ownership as means of production, while in a command economy, governments own the factors of production such as capital, land and resources.
Explanation:
Market economy; is an economic system where decisions regarding investment, production and distribution are controlled by the price signals created by forces of supply and demand.
Demand economy; is an economic system where the consumers desire to buy goods and services and their willingness to pay a particular price for them. An increase in the process of a good or service will decrease the quantity demanded
Market economy utilizes private ownership as means of production, while in a command economy, governments own the factors of production such as capital, land and resources.
REI sells snowboards. Assume the following information relates to REI's purchases of snowboards during September. During the same
month, 104 snowboards were sold. REI uses a periodic inventory system.
Date
Sept. 1
Sept. 12
Sept. 19
Sept. 26
Explanation Units Unit Cost
Inventory
Purchases
Purchases
Purchases
Totals
13
48
56
23
140
$115
118
119
120
Total Cost
$ 1,495
5,664
6,664
2,760
$16,583
we can analyze REI's purchases of snowboards during September using a periodic inventory system. A periodic inventory system involves determining the cost of goods sold (COGS) and the ending inventory at the end of the accounting period. the cost of goods sold (COGS) for September is $19,582,760.
The given statement states that REI is a snowboard seller and the given information is related to the purchases made by the company in the month of September. The given information is provided below;481202,760$16,583To find the cost of goods sold (COGS), we need to follow a formula;COGS = Beginning inventory + Purchases - Ending inventoryCOGS = $16,583 + $481,202,760 - Ending inventoryGiven, Gross profit = Sales - COGSGross profit = $35,682,000 - COGSAs the value of Gross profit is given, we can put this value in the formula of Gross profit to calculate COGS;Gross profit = $35,682,000 - COGS$16,099,240 = $35,682,000 - COGSCOGS = $35,682,000 - $16,099,240COGS = $19,582,760.
For more question REI's purchases
https://brainly.com/question/15050725
#SPJ8
A general rule in investing is to buy high, sell high
1) true
2) false
Answer:
Im pretty sure the answer is false
Explanation:
this is because when investing you want to get as much money as possible so you would buy it super cheap and sell it high
assume oligopoly firms are profit maximizers, they do not form a cartel, and they take other firms' production levels as given. then in equilibrium the output effect a. can be larger or smaller than the price effect. b. must dominate the price effect. c. must be smaller than the price effect. d. must balance with the price effect.
The output effect in a profit maximizing oligopoly would be larger or smaller than the price effect (option a).
In an oligopoly market where firms are profit maximizers, do not form a cartel, and take other firms' production levels as given, the output effect and price effect will both play a role in determining the equilibrium outcome.
The output effect refers to the effect of increasing production on total revenue, while the price effect refers to the effect of decreasing price on revenue per unit sold.
In an oligopoly market, when a firm increases its production, it may cause other firms to decrease their prices, which could reduce the price effect.
It is possible for the (choice a) production effect to be larger or smaller than the price effect, depending on the specific characteristics of the market.
However, it is not necessary for either effect to dominate the other, as there could be a balance between the two that leads to an equilibrium outcome.
An oligopoly market where firms are profit maximizers, do not form a cartel, and take other firms' production levels as given, the output effect and price effect will both play a role in determining the equilibrium outcome.
For more such questions on price, click on:
https://brainly.com/question/30434965
#SPJ11
In three to four sentences, explain how taxes influence
consumer decisions and buying power.
I
Intro
Taxes can significantly impact consumer decisions and buying power.
When taxes increase, the price of goods and services also increases, reducing the consumer's disposable income. Consumers may choose to reduce spending or switch to lower-priced alternatives.
Alternatively, lower taxes may increase buying power, allowing consumers to spend more on goods and services. Thus, taxes play a crucial role in shaping consumer behavior and the overall economy.
Taxes impact consumer decisions and buying power by altering the final cost of goods and services. Higher taxes can lead to decreased demand, as consumers may choose to spend less on items with increased prices. On the other hand, lower taxes can increase consumer spending, boosting demand and purchasing power in the economy
Learn more about taxes at https://brainly.com/question/31214540
#SPJ11
What is effective about the closing (paragraph 4) of the previous message? Check all that apply.
a. Provides a specific date
b. Asks stimulating questions
c. Motivates action
d. Gains attention
The effectiveness of the closing paragraph is that it motivates action from readers by giving them a sneak preview of the store before the launch. Option C is correct.
Motivating action in writing can be achieved through various techniques and one way is to use visualization. Another way is to use persuasive language and a clear call to action to encourage the reader to take a specific action.
A type of language used by the speaker to convince the audience to agree with their viewpoint is known as Persuasive language. It is an argument aimed at changing someone’s mind. Effective writing is clear, complete, concise, and correct. Techniques to improve your writing include reviewing grammar and spelling basics, playing with time, using point of view, and appealing to the senses.
To learn more about Persuasive language
https://brainly.com/question/25502701
#SPJ4
bonds that require payment of the full principle amount of the bond at the end of the loan term are referred to as
The type of bonds which requires payment of the full principal amount of the bond at the end of the loan term is known as Term bond.
The Term bond are debt securities which are issued by companies or government to investors with scheduled maturity dates.
In other word, the term bond matures on a specific date in the future.
The period of term bond is the between the time of bond's issuance and the scheduled maturity period.
Therefore, in conclusion, the term bond is the bond requires payment of the full principal amount of the bond at the end of the loan term.
Learn more about this here
brainly.com/question/3521722
If the united states exports $100 worth of diamonds to the kingdom of mocha and imports $80 worth of bows and arrows it has a(n)
Answer:
Trade surplus
Explanation:
In business when export is greater than import in monetary terms the situation is called trade surplus.
Trade surplus is a favorable situation in economics. The economic condition of a country is assumed to be better when the country has a trade surplus. The opposite situation in which import is greater than export is called trade deficit.
whether the economy is in a recession is illustrated in the ad/as model by how close the _____________________ is to the potential gdp line.
Answer:
The answer is equilibrium
Explanation:
Whether the economy is in a recession is illustrated in the ad/as model by how close the equilibrium is to the potential gdp line.
What is the term used for when one company enters markets before its competitors?
O Early entry
O late O Last Entry
O First mover
The term used for when one company enters markets before its competitors is "First Mover". This refers to a company that is the first to introduce a product or service in a particular market.
The first mover has the advantage of establishing a brand identity and customer loyalty before its competitors even enter the market. This can lead to a dominant market position and higher profits in the long run. However, being a first mover can also be risky as there is no guarantee of success and competitors may be able to learn from the first mover's mistakes and improve upon their offering. Ultimately, the decision to be a first mover or not depends on various factors such as the industry, product, competition, and resources available. Despite these risks, many companies aim to be first movers in order to capitalize on the benefits associated with early market entry.
To Know more about Company Visit:
brainly.com/question/30532251
#SPJ11
witt corporation has 80,000 shares of $5 par value common stock outstanding. at year-end, the company declares a five percent stock dividend. the market price of the stock on the declaration date is $20 per share. four weeks later, the company issues the shares of stock to stockholders. a. prepare the journal entry for the declaration of the stock dividend. b. prepare the journal entry for the issuance of the stock dividend. c. assume that the company declared a 30 percent stock dividend rather than a five percent stock dividend. prepare the journal entries for (1) the declaration of the stock dividend and (2) the issuance of the stock dividend.
In a stock dividend, the par value of the common stock remains the same, but the number of shares outstanding increases. a. Journal entry for the declaration of the stock dividend:
Retained Earnings 80,000 x $5 x 5% = $20,000
Common Stock Dividend Distributable $20,000
b. Journal entry for the issuance of the stock dividend:
Common Stock Dividend Distributable $20,000
Common Stock 80,000 x 5% = 4,000 shares x $20 = $80,000
c. Journal entries for a 30% stock dividend:
1- Declaration of the stock dividend:
Retained Earnings 80,000 x $5 x 30% = $120,000
Common Stock Dividend Distributable $120,000
2- Issuance of the stock dividend:
Common Stock Dividend Distributable $120,000
Common Stock 80,000 x 30% = 24,000 shares x $20 = $480,000
Note: In a stock dividend, the par value of the common stock remains the same, but the number of shares outstanding increases.
Learn more about “ stock dividend “ visit here;
https://brainly.com/question/29762632
#SPJ4
You lost $65,000 out of your original $105,000 investment. What percentage of your initial investment was lost?
Answer:
The answer is 62% (B)
Explanation:
The easiest way to answer this is by simply doing $65,000 divided by $105,000. You'll get 61.9 but if you round it, you get 62% and that's how you get the answer.
Also, I just got this question and I got it correct.
Hope this helps!!
Percentage of lost in initial investment is 61.90%
Given that;Amount lost = $65,000
Original investment = $105,000
Find:Percentage of lost in initial investment
Computation:Percentage of lost in initial investment = [Amount lost / Original investment]100
Percentage of lost in initial investment = [65,000 / 105,000]100
Percentage of lost in initial investment = 61.90%
Learn more:https://brainly.com/question/16822436?referrer=searchResults
________ is the set of techniques used for implementing planned change to make people and organizations more effective.
Organizational development is the set of techniques used for implementing planned change to make people and organizations more effective.
What is Organizational Development?
The purpose of organization development is to transform the performance and/or culture of an organization by the study and use of practices, methods, and procedures that effect organizational change. The group's stakeholders often start the organizational reforms.
In conclusion, an objective-based process used to start a change of systems in an entity is known as organizational development. Organizational development is accomplished by altering the supporting structure or communication mechanisms.
Learn more about Organization Development here:
https://brainly.com/question/15278438
#SPJ1
why is south africa regarded as a developing country
Answer:
This is due to the fact that South Africa is currently in a state of poverty and has very high unemployment rates, meaning there are a lot of poor people on the streets and it is uneasy/many do not have jobs either.
Explanation:
the theory of rational expectations contends that policy activism is: a warranted, because discretionary policies have a strong effect on real output. b not warranted; the public defeats discretionary policies because everyone expects them, and therefore, their effectiveness is thwarted. c not warranted; the public magnifies the discretionary policies because everyone expects them, and therefore, their impact is counterproductive. d warranted, because expectations are rational only in the short run. e not warranted, because we don't know enough about the workings of the economy to stabilize it.
The answer is b. not warranted. According to the principle of rational expectations, advocating for policies is unnecessary Because everyone anticipates them, the public undermines the effectiveness of discretionary programmes.
The reasonable expectations hypothesis contends that past results affect what will happen in the future. According to the hypothesis, people tend to make the right choices the majority of the time because they base those choices on the knowledge they have at hand as well as their prior experiences.
According to one theory, monetary policy might have an impact on price level but not real GDP. According to the rational expectations hypothesis, individuals utilise all available data to predict future economic activity and price levels, and they then modify their behaviour in response to these predictions.
Read more about discretionary policies at
https://brainly.com/question/20818540
#SPJ4
Within the Discussion Board area, write 300-500 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions with your classmates. Be substantive and clear, and use examples to reinforce your ideas. The project management selection process is a critical step in establishing a system to select projects with the greatest value to the organization. Based on your assigned readings and current or previous experience, respond to the following: • Name and explain 3 project management selection methodologies. • Discuss why they are critical in project selection and provide examples of when each will be used. • Discuss how each will provide you with quantitative or qualitative data for better project selection.
Previous question
The solutions are listed below.
Name and explain three project management selection methodologies:
1. Benefit measurement methods: It is a technique that calculates and compares the expected benefits of the project against its costs to determine the most beneficial projects to undertake. This method is critical in project selection because it helps organizations to prioritize the projects that will offer the most value to them. Examples of when it will be used include when an organization wants to evaluate the feasibility of a project.
2. Scoring models: This is a technique that assigns a score to each project based on the project's alignment with the organization's objectives. It is critical in project selection because it provides a structured way to evaluate and compare the value of different projects. An example of when it will be used is when an organization is looking to evaluate multiple projects and needs a way to compare their value.
3. Financial methods: This is a technique that evaluates projects based on their financial returns. It is critical in project selection because it helps organizations determine whether a project is worth the investment. Examples of when it will be used include when an organization is evaluating a new investment project or when it is evaluating the financial impact of a new project.
Discuss how each will provide you with quantitative or qualitative data for better project selection:
1. Benefit measurement methods provide quantitative data by calculating the expected benefits of a project against its costs. This helps organizations to determine the financial value of each project.
2. Scoring models provide qualitative data by evaluating the alignment of the project with the organization's objectives. This helps organizations to determine whether a project will help them achieve their goals.
3. Financial methods provide quantitative data by evaluating the financial returns of a project. This helps organizations to determine whether a project is worth the investment.
To know more about management visit:
https://brainly.com/question/32012153
#SPJ11
A special type of goal that acts as a stepping stone for other goals is called
an inner-term goal
a mid-term goal
a part-term goal
a short-term goal
A special type of goal that acts as a stepping stone for other goals is called short-term goal
A unique kind of shorter-term goal is an enabling goal. It is composed in order to advance a longer-term objective. Enabling goals serve as stepping stones that allow us to track our development toward longer-term objectives.
Even while short-term objectives aren't always easy to achieve, they're nevertheless crucial steps in the right direction. It is preferable to further divide them into weekly or monthly stepping stone goals when organizing these. This will lay the groundwork for achieving your goals.
To know more about short term goals :
https://brainly.com/question/7787473
#SPJ1
Answer: short-term goal
Explanation: I hope this helps you
PLEASE HELP ME! THIS IS DUE IN 5 MINS
The main reason for researching the product or service is to allow higher management to make informed decisions that will benefit the business. This is part of this step of market research.
A. Present the findings
B. Analyze the information
C. Define the problem and research Objectives
D. Collect the Information
The primary objective of conducting research on the product or service is to enable upper management to make well-informed decisions that will be advantageous . C. Identify the issue and set research objectives.
What Is Market Research?The process of determining the viability of a new service or product through direct research with potential customers is known as market research, or "marketing research." A company can learn about its target market and get feedback from customers about their interest in a product or service through market research.
This kind of research can be carried out internally, by the business itself, or by a market research-focused third party. Focus groups, product testing, and surveys are all ways to accomplish this. Guineas pigs are typically repaid with item tests or paid a little payment for their time. When developing a new product or service, market research is an essential part of research and development (R&D).
To learn more about marketing visit :
https://brainly.com/question/13414268
#SPJ1
Determine the correct sequence of the following events from start to finish.
-The kitchen staff prepares the dishes.
-Fatima, the expediter,checks the order before the server picks them up.
-Lara then transmits the order to the kitchen
-Lara takes the order from the customer and notes down.
-Brian, the chef, estimates the time each dish will require for preparation
-Lara retrieves the order and delivers it to her customer
The correct sequence of the events from start to finish is:
-Lara takes the order from the customer and notes down.Lara then transmits the order to the kitchenBrian, the chef, estimates the time each dish will require for preparationThe kitchen staff prepares the dishes.Fatima, the expediter,checks the order before the server picks them up.Lara retrieves the order and delivers it to her customerWhat is the sequence of ordering food in a restaurant?The first thing that happens is that the waiter picks up the order from the customer and takes note of it. The order will then go to the kitchen where the chef will estimate how long the order will take to be prepared.
The expediter will then check the order when the meal is done but before the waiter picks it up. The waiter than delivers to the order.
Find out more on sequence of events at https://brainly.com/question/24613604
#SPJ1
If the price index moves from 107 to 110, the rate of inflation is: Group of answer choices 3% 30% 28% 2. 8%
If the price index moves from 107 to 110, the rate of inflation is 2.8 %.The percentage change in inflation is then calculated by multiplying this by 100.Option D is correct.
Evaluating:Rate of inflation = 110 - 107 ÷107
= 0.0280 × 100 %
= 2.8 %
How is the rate of inflation determined by price index?The price index from the interest year is subtracted from the base year, and then the result is divided by the base year to determine inflation. The percentage change in inflation is then calculated by multiplying this by 100.
If inflation is too high, what happens?The consumer price index (CPI) is used to measure inflation, which maintains economic health at low rates. But when inflation rises quickly, it can have negative effects on the economy in the form of lower purchasing power, higher interest rates, slower economic growth, and other things.
Question incomplete:If the price index moves from 107 to 110, the rate of inflation is:
a. 3%
b. 30%
c. 28%
d. 2.8%
Learn more about rate of inflation:
brainly.com/question/29230049
#SPJ1
the elements of consideration, in a bilateral contract for a sale of goods, are the sale and the goods. group of answer choices false true
In a bilateral contract for the sale of goods, consideration refers to the exchange of something of value between the parties involved.
Sale: The first element of consideration is the sale itself. This refers to the agreement between the buyer and the seller to transfer ownership of goods in exchange for some form of consideration. The sale establishes the intention of the parties to enter into a contractual relationship.
Goods: The second element of consideration is the goods that are the subject of the contract. Goods typically refer to tangible, movable items that are bought or sold, such as merchandise, equipment, or commodities. The specific nature and description of the goods should be clearly defined in the contract to avoid any ambiguity or misunderstanding.
Consideration is a fundamental requirement for the formation of a valid and enforceable contract. It ensures that each party is giving something of value and creates a mutual obligation to perform their respective duties under the contract. Without consideration, a contract may be considered gratuitous and lacking the necessary elements for enforceability.
It's important to note that these elements of consideration can vary depending on the jurisdiction and specific contractual terms. Legal advice from a qualified professional should always be sought for specific contract-related matters.
To learn more about,click here,
https://brainly.com/question/30101936
#SPJ11
Tran invests $15,000 in a savings account that pays 4% simple interest. About how many years will it take for the account to double at this interest rate?
Dont worry about me, I just added this answer so the other person can get their brainliest because they definetly deserve it
HI HI HI HI HI HI HI HI WATER IS H20
in the indirect method of cash flows, which of the following would be added to net income?
a. a decrease in sales tax payable
b. an increase in inventory
c. a decrease in supplies
d. an increase in prepaid rent
Answer:
C. A decrease in suppliesExplanation:
#CARRYONLEARNING
Which of the following is NOT a characteristic of an attractive target segment? (7.3)
Sufficient scale
Good fit with brand image/position
Well-served by competitors
Can be served profitably
Likely to grow
One of the characteristics that is not considered as an attractive target segment is being well-served by competitors. An attractive target segment is a group of potential customers who share common characteristics and have similar needs or preferences that a company can effectively serve.
This group must have sufficient scale, which means that there must be enough potential customers to make it worthwhile for the company to target them. Also, the target segment must be a good fit with the brand image/position of the company to ensure that the company can effectively communicate its value proposition to this group. Another characteristic of an attractive target segment is that it must be able to be served profitably, meaning that the cost of targeting this segment should not exceed the potential revenue generated by them.
Finally, the target segment must be likely to grow, meaning that there must be a potential for future growth and expansion. Therefore, the absence of being well-served by competitors can make a target segment less attractive because the competition may already be meeting the needs of that group, making it harder for a company to differentiate itself and capture a significant share of the market.
To learn more about target segment refer:
https://brainly.com/question/30538475
#SPJ11
When an account payable is paid off in full, an entry is journalized that credits
which account?
O A. Accounts Payable
B. Accounts Receivable
C. Cash
D. Income
Answer:
B
Explanation:
It is now Prime Day, the deal is selling well, but you just got a call from the vendor explaining that they will not be able to fill any more units for the next 3 weeks. Your Instock Manager (Anjali Patel) says that we should cut the deal off early to preserve inventory for that 3-week period. What are the factors you would consider before deciding whether to cut the product off early
The factors that have to be considered are:
Competitor activityVendor relationshipImpact of negative experience on customersRevenue impactWhy these factors have to be consideredThe competitor activity is a factor worthy of consideration so that the company would not lose market demand to others.
Vendor relationship is worthy so that it would lead to a smooth flow. The impact on customers if high may cause customers to leave brand.
Impact of negative experience if very high would cause the customers to move away from the brand.
Read more on inventory here:
https://brainly.com/question/24868116
#SPJ1
true or false for nearby galaxies, determining the rotation curve allows us to calculate the mass.
The statement is true because the rotation curve of a galaxy can be used to infer its mass distribution.
The rotation curve is a plot of the rotation speed of stars or gas in the galaxy as a function of their distance from the center. In a galaxy, the gravitational force due to the mass inside a certain radius determines the rotation speed of stars or gas at that radius.
By measuring the rotation curve of a galaxy, astronomers can infer the mass distribution within the galaxy. This method has been used to infer the existence of dark matter, which is inferred to be present in galaxies based on the observed rotation curves.
Learn more about rotation curve https://brainly.com/question/31453598
#SPJ11
Which term is used to describe the companies that have low customer contact and are capital intensive, yet they provide a service
The term that is used to describe companies that have low customer contact and are capital intensive, yet they provide a service is "service factory."
A service factory is a type of service organization that has low customer contact and is capital intensive, yet it provides a service. This type of service factory can be found in industries such as utilities and telecommunications. The company's operations are usually mechanized, and its service delivery is standardized.
For example, a power plant could be considered a service factory because it provides electricity to its customers. The customer has very little interaction with the power plant but relies on its service to operate their homes or businesses.
The primary goal of a service factory is to maximize efficiency and minimize costs. These companies typically use technology and automation to streamline their operations. They are often highly regulated and have large capital investments, which can make it difficult for new entrants to enter the market. Overall, service factories are an important part of the economy because they provide essential services to customers.
Learn more about service factory
https://brainly.com/question/32418872
#SPJ11
which does a raid target - the employer or the employee? select one: a. the employee b. the employer
RAID (Redundant Array of Independent Disks) is a data storage system that employs multiple hard drives to store data with enhanced security and/or performance. Its purpose is to provide enhanced storage reliability and/or performance through redundancy and data striping.RAID, as a system, does not target either the employer or the employee. Instead, it targets data redundancy and storage performance. RAID technology is designed to provide a more reliable and faster data storage system for both employees and employers.
Data security is one of the primary targets of RAID technology. As the RAID system uses multiple drives, it can store the same data on multiple drives. Therefore, even if one of the hard drives fails, the system can still provide data redundancy and recovery.To conclude, the RAID system does not target the employer or employee. Instead, it targets data redundancy and storage performance.
To know more about Redundant Array of Independent Disks visit:
https://brainly.com/question/30783388
#SPJ11