If the price elasticity of demand is unit elastic, the change in price is exactly offset by the change in quantity.
The responsiveness of a change in quantity required in response to a specific percentage change in the price of the good is known as price elasticity of demand. It can be said in the following way:
Relatively Elastic Demand is considered to be relatively elastic when the percentage change in demand outweighs the percentage change in price. For instance, if a commodity's price drops by 10% but its demand increases by 20%, the commodity's demand is said to be relatively elastic. Price elasticity will have a number greater than one.
If the price elasticity of demand is unit elastic, the change in price is inelastic the change in quantity.
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in the case of managerial accounting Green Goats alternative B see in your analysis you have made lots of assumptions. For example, your analysis shows every job requiring the same number of days, amount of fencing etc. Why have you made all these assumptions? Wouldn’t your analysis be stronger if you accounted for the various changes in of each job, for example?
Also, I see you’ve made a final recommendation regarding the goat rental operation, which is great! hiHowever, I was wondering if you could let me know of any other creative business recommendations, outside the scope of this case, that I could consider in the future. Please explain why you think any recommendation you have are a good idea considering managerial accounting concepts.
In managerial accounting, it is essential to consider the specific details and variations of each job or situation when conducting analysis or making decisions. While my previous analysis might have made assumptions due to limited information, a more accurate analysis would account for the various changes in each job.
In managerial accounting, when conducting analysis or making decisions, it's important to consider the specific details and variations of each job or situation. By accounting for the various changes in each job, such as different durations or amounts of fencing required, a more accurate and precise analysis can be conducted.
While it's true that incorporating specific details and variations into the analysis would strengthen its accuracy, my previous response might have been based on limited information provided in the question.In practice, managerial accountants and decision-makers would typically gather more comprehensive information, consider variations in job requirements, and conduct a thorough analysis that reflects the specific circumstances. This would lead to more accurate decision-making and better understanding of the potential outcomes.
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how to get paid by the state for taking care of someone
Answer:
do you mean by a job because there are many jobs for that pls mark brain <3
Explanation:
What are the differences between flexibility and compromise
Answer:
Flexibility mean you're more flexible about doing something. For example you could have flexible working hours which would mean you can work alot of the time like you can bend easily around when you work and compromise means you're wiling to meet in the middle so an agreement made that makes everyone happy.
Capital Chemicals Corp. recently faced a legal hassle after which many of its process operators resigned voluntarily. Thereafter, the company faced a shortage of efficient and experienced process operators. Which of the following kinds of turnovers does this scenario exemplify?A) Dysfunctional turnover.
B) Reactive turnover.
C) Regressive turnover.
D) Functional turnover.
Answer: Dysfunctional turnover
Explanation:
A sudden storm threatens the property of Marina Bay LLC. Ngoc, Marina Bay’s sales agent, is on site, but lacks the express or implied authority to bind the firm to the cost of appropriate protective measures. Unable to communicate with Marina Bay, Ngoc
a. has emergency powers to deal with the situation.
b. must await the principal’s express ratification to act.
c. can imply a power of attorney to assume the needed authority
The Marina Bay LLC property is under danger due to an unexpected storm. Despite being unable to contact Marina Bay, Ngoc is equipped with emergency powers.
Storms are powerful atmospheric disturbances that have low barometric pressure, cloud cover, precipitation, strong winds, and may even have lighting and thunder.
The term "storm" is a general one that is frequently used to refer to a wide range of atmospheric disturbances, from simple rainstorms and snowstorms to thunderstorms, wind, and wind-related disturbances like gales, tornadoes, tropical cyclones, and sandstorms.
Storms are defined in meteorological terms as cyclones with a strong center of low pressure, strong winds that gust between 103 and 117 km/h (64 and 73 mph), heavy precipitation, and occasionally lighting and thunder. For details on certain storm types, see thunderstorm, tornado, and tropical cyclone.
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What kind of businesses are motivated to earn a profit
O Public
O Government
O Private
O Nonprofit
Answer:
government is the corret answer
Most business are established for the purpose of making profits that serve their customers by selling a product or service. Private business are motivated to earn a profit. Thus, the correct option is C). Private.
What is the difference between profit and non-profit Organisation?For-profit organization are those organization that operates with the goal of making money. Most businesses are based on the purpose of earning for-profits that serve the customers by selling the product or service.
Not-for profit organization refers to those organizations that does not operate for profits.The major purpose of the non-profit organization is to provide the service or benefit to the community with no intention of earning a profit.
The major sources of funding for the non-profit organization are primarily funded through donations, fundraisers etc. and for the profit organizations are the sale of goods and services.
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. Suppose you are choosing between a checking account with a $0.40 per-check fee and no monthly fee or an account with free checking and a $6.50 monthly fee. What is the minimum number of checks you need to write for the monthly fee to be a better option?
Answer:
You answer should be 17
Explanation:
If you write 17 checks for $0.40 your would pay $6.80 at the end of the month, which then makes the one with a monthly fee a better option.
How can you use wire on a deserted island?
Answer:YES but what do you mean by wire?
Explanation:
What is the relationship between the standard deviation and the precision of a procedure?.
It totally depends on the trail and define patterns. However, the quality deviation is directly associated with precision of a procedure where low standard deviations are indicative of a high level of precision. There's not a necessary relation between variance and accuracy except that a high level of accuracy requires low standard deviations.
Precision from variance is the standard deviation is that the root of the variance. Use a calculator to search out the root, and therefore the result's the quality deviation. Report your result. Using this calculation, the precision of the dimensions are often represented by giving the mean, plus or minus the quality deviation. Standard deviation tells you ways detached the information is. it's a measure of how far each observed value is from the mean. In any distribution, about or approx. 95% of values are going to be within 2 standard deviations of the mean.
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One of the main questions of economics involves deciding upon the method for
distributing goods and services.
creating goods and services.
pricing goods and services.
enhancing goods and services.
Answer:
creating goods and services.
Explanation:
Economics seeks to get answers to how societies utilize scarce resources to meet the unlimited needs of members. The three basic questions that economics addresses are
What to produce?How to produce?For whom to produce?Creating goods and services and services is answering on what to produce? With the limited resources, authorities must decide what goods and services to produce. Decisions have to be made on what needs to meet immediately. For example, the government may decide to build new schools rather than contract a new road
Answer:
B
Explanation: Took test!!!
On September 3, 2018, Able, a single individual, purchased § 1244 stock in Red Corporation from his friend Al for $60,000. On December 31, 2018, the stock was worth $85,000. On August 15, 2019, Able was notified that the stock was worthless. How should Able report this item on his 2019 tax return?
He should ask them why it was worthless then after a while of thinking maybe have and idea on how to use it again
Your office is hosting a big meeting with some of its international
clients. During the meeting, one of the clients asks numerous,
very detailed questions. She also wants to see your risk
management plan. Which of these countries is she probably
from?
O Mexico
O United States
O Germany
O Ireland
What are some typical roles filled by the construction manager? (Select all that apply.)
responding to emergencies
designing exterior spaces
preparing budgets
conducting structural calculations
establishing a project timetable
Answer:
Construction managers typically do the following:
1. Prepare cost estimates, budgets, and work timetables.
2. Interpret and explain contracts and technical information to other professionals.
3. Report work progress and budget matters to clients.
4. Collaborate with architects, engineers, and other construction specialists.
Explanation:
When identifying the audience, what are the four things a presenter must know?
O Personality, number people, age, gender
O Age, number of people, education level and experience, occasion
O Age, number of people, education level and experience, gender
Ethnicity, age, number of people, occasion
When identifying the audience, the four things a presenter must know is Age, number of people, education level and experience, occasion.
Identification of the audience is necessary in order to tailor a speech to their interests, education degree , attitudes, and beliefs. A presenter's efficacy will increase if the presentation is designed and performed properly, hence it is crucial to adopt an audience-centered approach. It might be challenging to pinpoint the target audience through in-depth research, therefore effective audience adaptation frequently relies on the employment of healthy imagination.
It is typically a good idea to be aware of an audience's age, gender, education level, race, ethnicity, and religious affiliation before speaking to them. This data is formally collected using the questionnaire sampling method. On other occasion, the presenter is given access to this material that is already stored in a database.
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What is indifference curve between two products?
An indifference curve is a graph used in economics to show the various combinations of two goods or products that provide the same level of satisfaction or usefulness to a person. This shows different combinations of commodities that individuals are indifferent to.
Indifference curves are usually downward sloping and convex towards the origin. This shape demonstrates the marginal rate of substitution (MRS) reduction principle. MRS represents the rate at which a person is willing to give up one commodity in exchange for another while remaining indifferent or equally satisfied. Moving from left to right along the indifference curve decreases the quantity of one good and increases the quantity of the other to maintain the same level of happiness.
It is important to note that different indifference curves represent different degrees of satisfaction. A higher indifference curve represents a higher level of usefulness or satisfaction, and a lower indifference curve represents a lower level of usefulness. A higher indifference curve indicates higher satisfaction and is preferred over a lower indifference curve.
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Which of the following best describes the objectives of the Monetary Policy?
a. controlling banks over our currencies
b. controlling household money in circulation
c. controlling the firm's money in circulation
d. managing or manipulating the money supply in the economy
Answer:
d. managing or manipulating the money supply in the economy
Explanation:
i feel like it's D
Answer:
d. managing or manipulating the money supply in the economy
If Kai runs a red light at the intersection, hits Shante’s car and causes $3000 worth of damage, did Kai commit a criminal law or civil law violation or both? Explain
Kai's action of running a red light and hitting Shante's car would generally be considered a violation of traffic laws, which fall under criminal law.
Running a red light is typically a criminal offense and subject to penalties such as fines, license suspension, or even imprisonment, depending on the jurisdiction and the circumstances. Kai committed a violation of criminal law by running a red light and causing an accident. The act of running the red light is a criminal offense, and the consequences can include legal penalties imposed by the state, such as fines or imprisonment. In addition to the criminal aspect, Kai may also be held liable for the damages caused to Shante's car in a civil lawsuit, where Shante can seek compensation for the $3000 worth of damage. Civil law deals with the resolution of disputes between individuals, and in this case, it would involve seeking compensation for the harm caused by Kai's actions.
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l
Mary Lou, who has connections to the local bakers, supplies 4 types of delicious cookies (that she knows is a success among her fellow students) to each of the 3 dining halls on campus after a small mark-up. She takes the order from each of the dining halls every day, places the order with the right bakery, and supplies to the dining hall warm and fresh each morning. Which of the following is true about Mary Lou's supply chain?
a. Mary Lou is using a push model.
b. Mary Lou is using a pull model.
c. Mary Lou is experiencing the bull whip effect.
d. Mary Lou has an accurate demand forecast.
e. None of the above are true.
Mary Lou is using a pull model in her supply chain. In a pull model, the production is based on actual demand, which means the orders are triggered based on customer demand. The correct option is b.
Mary Lou takes the orders from each of the dining halls every day and places the order with the bakery based on the actual demand from the customers. This helps to ensure that the cookies are always fresh and warm, and there is no wastage of inventory.
The push model, on the other hand, is based on anticipated demand, and the production is done in advance. This model can result in excess inventory, which can lead to waste and higher costs.
Mary Lou's supply chain is not experiencing the bullwhip effect because there are no significant fluctuations in demand, and she is not overstocking or understocking inventory. The bullwhip effect occurs when there is a distortion in demand information as it moves up the supply chain, resulting in excess inventory or stockouts.
Finally, it can be assumed that Mary Lou has an accurate demand forecast since she is able to supply the right quantity of cookies every day based on customer demand. Therefore, the correct answer is that Mary Lou's supply chain is using a pull model.
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Product enhancements
A) do not really change the basic product.
B) include guarantees and warranties.
C) include features and options
D) reduce the number of target markets one product can satisfy.
Answer:
C or A
Explanation:
I could answer better with more context
In 2019, McKenzie purchased qualifying equipment for his business that cost $212,000. The taxable income of the business for the year is $5,600 before consideration of any Section 179 deduction.
a. Calculate McKenzie’s Section 179 expense deduction for 2019 and any carryover to 2020.
b. How would your answer change if McKenzie decided to use additional first-year (bonus) depreciation on the equipment instead of using Section 179 expensing?
Answer:
A) The cost reduction for 2019 is $5,600. His accumulation to 2020 from Sec 179 is $206,400.
B) The allowance for spending is $0 for 2019. His accumulation to 2020 with Sec 179 is $0.0.
Explanation:
1) As per sections 179, a total of $212,000 is available for deduction, but the payment is related to taxable investment income as a restriction. Company revenue here is $5,600. Exemption is then decreased to $5,600 and holdover to nest year without $206,400 is the residual expense.
2) When we seek extra first-year expense, regardless of taxable business profits, we will claim the entire equipment costs as a deductible. So, Section 179 is going to be Zero and there's no reason to roll on to next term because in the first last year we were claiming maximum costs.
You leave your $50,000 a year job and invest your savings of $40,000 (on which you were earning 10 percent annual interest) to start your own business: In the first year; your business generated $100,000 in total revenue and had to pay $40,000 in explicit costs. The economic profit generated by this gym was $60,000 $10,000 $6,000 greater than your accounting profit because economic profit is always greater than accounting profit:'
This gym generated an economic profit of $10,000, which is less than the accounting profit of $60,000.
Define accounting profit.In this instance, the total revenue (i.e., the $100,000 in revenue that was generated) would be subtracted from the explicit costs (i.e., the $40,000 in costs that were incurred) to determine the accounting profit. the accounting profit would be $60,000 as a result.
Contrarily, the economic profit accounts for both the explicit and the implicit costs. Implicit costs are the missed opportunities associated with using resources in a specific way, such as the entrepreneur's salary. The $50,000 salary that the business owner forfeited to open the gym would be the implicit cost in this scenario. Therefore, the explicit costs and implicit costs would be subtracted from the total revenue to determine the economic profit. Due to the $50,000 implicit cost minus the $60,000 accounting profit, the economic profit would be $10,000.
Because implicit costs were considered in the economic profit calculation, the correct statement would be: This gym generated an economic profit of $10,000, which is less than the accounting profit of $60,000.
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a company's ability to make interest payments and repay debt at maturity is referred to as a.profitability b.solvency c.liquidity d.leverage
Solvency is the capacity of a business to pay its debts, including interest, when they are due.
What is solvency?A company's capacity to meet its financial obligations is referred to as its "solvency." It involves more than just a company's ability to settle its current debts, though. Long-term financial stability is a prerequisite for financial solvency.
How does solvency get measured?The solvency ratio enables us to evaluate a company's capacity to fulfill its long-term financial commitments. After deducting depreciation, divide an industry's after-tax net income by the total of its liabilities to arrive at the ratio (short-term and long-term).
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Foreign companies with manufacturing plants that are allowed to operate in Mexico with special privileges in exchange for employing Mexican citizens are known as _______. Multiple choice question
Answer:
It is Maquiladoras
Explanation:
hope this helps.
Answer:
I think it is Maquiladoras ...........
PLEASE ANSWER QUICKLY: (FIRST ANSWER GETS BRAINLIEST)
When comparing financial institutions, price is an important factor. What is TRUE about prices in financial institutions?
A. Interest rates on CD accounts are lower than on other types of accounts.
B. Higher interest rates will give you a higher return on your money.
C. It is illegal for financial institutions to have fees attached to checking accounts.
Higher interest rates will give you a higher return on your money.
According to classical theory, national income depends on ______, while keynes proposed that ______ determined the level of national income.
In a closed economy, the Keynesian-cross analysis's equilibrium condition is that income must equal the total of government spending, investment, and consumption.
Interest rates in the economy are impacted by monetary policy changes. Interest rate changes have an impact on inflation and economic activity. Unexpected inventory investments are bad. When businesses encounter unanticipated inventory accumulation, they typically: cut production and lay off employees keynes. According to the government-purchases multiplier, there will be a change of $1 in government purchases, plus any further changes. When the Fed modifies its monetary policy, the aggregate demand curve may be shifted. The money supply curve moves to the right as the money supply rises. The interest rate decreases in the absence of a shift in the money demand curve. Demand for products and services rises when interest rates decline. According to the Keynesian model, the change in output has no impact on export. Either a change in the income of the rest of the world or a change in the exchange rate has an impact on export. The economy will be in balance when the aggregate expenditure line reaches the 45-degree line. It is the only location along the aggregate expenditure line where total spending on aggregate demand and total production are equal. Interest rates and the amount of money in circulation are inversely related. A bigger money supply results in lower market interest rates, which reduces the cost of borrowing for consumers. In contrast, lower money supply tends to result in higher market interest rates, increasing the cost of borrowing for consumers income.
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According to the video, what tasks are commonly performed by Farmworkers instead of by machines? Select three
options.
weeding
Opruning
preparing soil
transplanting
planting
Answer:
A: weeding
B: pruning
D: transplanting
Explanation:
trust me i just did it
enjoy :)
What role does product/service management play in marketing?.
Answer:
El Marketing de Servicios es un conjunto de tácticas que tienen como objetivo agregarle valor al servicio ofrecido, con el fin de persuadir al cliente para que opte por una determinada empresa. A través de una estrategia de Marketing de Servicios, es posible garantizar la máxima satisfacción de consumidores y usuarios
Explanation:
Answer:
✒️Answer:Product/service management is a marketing function that involves obtaining, developing, maintaining, and improving a product or service mix in response to market opportunities.
Explanation:
#CarryOnLearning\(watch.some.anime\)
______ equity measures how a job's pay rate varies from company to company, while _____ equity measures a job's pay rate compared to other jobs within the same company.
A) Individual: procedural
B) Procedural; Individual
C) External: Internal
D) Internal: External
Answer:
External equity measures how a job's pay rate varies from company to company, while Internal equity measures a job's pay rate compared to other jobs within the same company.
Explanation:
1) Internal equity describes how fair the job's pay rate is in comparison to other similar positions within the same company. For Example, is the marketing manager's pay fair compared to what the production manager is earning?
2) External equity describes how a job's pay rate in one company compares to the job's pay rate in other companies. How is the CEO's pay is company XYZ compares with the CEO's pay in company ABC.
which type of ratio measures the how effectively the firm uses its resources to generate income?a) liquidity ratiosb) activity ratiosc) coverage ratiosd) profitability ratios
option (b) is the correct answer. Activity ratios assess a company's ability to efficiently manage its resources, such as inventory and accounts receivable, to generate revenue.
According to the web search results, there are different types of financial ratios that measure different aspects of a company’s performance and health.
The type of ratio that measures how effectively the firm uses its resources to generate income is called profitability ratio. Profitability ratios include metrics such as gross profit margin, net profit margin, return on assets, return on equity, etc. These ratios show how much profit a company earns relative to its sales, assets, or equity.
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You want to ctegsosit $15,00na bank at an interest rate of 7 percent per year What is the uture vale of this money after three yes?
tuture value P+)
present value +0
OA S1837563
OR $19661.94
OC $20407.33
Answer:
A $18, 375.63
Explanation:
The amount to be deposited is $15,000
Interest rate is 7 percent
time is 3 years
the future value will be; the applicable formula
A = p x ( 1 + r) ^n
A = $15,000 x ( 1 + 7/100) ^ 3
A= $15,000 x 1.225043
A=$18,375. 64