if two similar houses are for sale in a certain location, the one with the lower price is usually bought first. this is the principle of
Answers
The principle you are referring to is known as the "law of demand" in economics. According to this law, when the price of a product or service decreases, the quantity demanded of it increases, and vice versa.
In the case of two similar houses for sale in the same location, buyers are likely to compare the features, location, and price of each house to make their decision. If both houses are similar in terms of features and location, but one is priced lower than the other, then buyers are more likely to choose the cheaper option as it represents better value for money. This is because buyers are rational and seek to maximize their satisfaction with their purchase, and the lower-priced house provides the same benefits as the higher-priced one but at a lower cost. Therefore, the law of demand suggests that the house with the lower price will be bought first, assuming all other factors remain constant.
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Related Questions
Ketchum & Lushene Hardware sells 100 hammers daily. The supplier takes two days
to deliver more hammers.
At what quantity should the inventory manager place his/her next order?
Answers
Answer:
He should reorder when he is left with 200 hammers.
Explanation:
Reorder point is the trigger which informs the businessmen to order the inventory when the stock is used.
Reorder point = Safety Stock + (Average daily usage of units * Average lead time in days )
Reorder Point = 0 + (100 hammers * 2 days)
Reorder Point = 200
by wr
workbook:
1.1 Assets minus Owner's Equity
A. Current liabilities
B. Capital
C. Liabilities
D. Current assets
Answers
Answer:
C. Liabilities
Explanation:
Financial accounting can be defined as the field of accounting involving specific processes such as recording, summarizing, analysis and reporting of financial transactions with respect to business operations over a specific period of time.
Owner's equity is simply what a person owns outrightly and it is also referred to as net worth. It can be defined as the value of financial and non-financial assets owned by a person minus the total outstanding liabilities or debts of that person. Simply stated, owner's equity refers to the difference between the amount a person own (asset) and the amount owed (liability).
Mathematically, net worth is given by the formula;
\( Owner's \; equity = Total \; assets - Total \; liabilities\)
Making liabilities the subject of formula, we have;
\( Total \; liabilities = Total \; assets - Owner's \; equity \)
In Financial accounting, liability can be defined as the amount of money being owed by an individual or organization to another.
Simply stated, liability is a debt being owed and as such it usually has "payable" in its account title on the balance sheet.
Generally, liabilities are recorded on the right side of the balance sheet and it comprises of financial informations such as warranties, bonds, loans, deferred revenues, mortgages, account payable etc.
Hence, Assets minus Owner's Equity is equal to Liabilities.
Which of the following is true about job interview? a. Using "gut feelings" or instinct in a interview is the best way to hire employees. b. An applicant's performance in an interview does not mean the interviewee will perform well in the job. c. They are a reliable way to pick the best employee. d. Job interviews are not affected by personal biases.
Answers
The true statement about job interview is "An applicant's performance in an interview does not mean the interviewee will perform well in the job.
"When hiring new employees, employers usually require candidates to go through a job interview to assess if they are the right fit for the job. Job interviews are used as a tool to select the best candidate for the job and to evaluate the applicant's qualifications and personality to determine if they are a good fit for the organization.A job interview does not always guarantee that the interviewee will perform well in the job. An applicant's performance in an interview does not mean the interviewee will perform well in the job.
The interview process allows an employer to learn more about an applicant, but it does not provide a comprehensive view of an applicant's job performance. This is why employers often rely on other methods such as background checks and skills assessments to determine if a candidate is a good fit for the job. Personal biases can also influence the hiring decision-making process, which is why it is essential to have multiple hiring methods that can help minimize the effects of these biases.
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The pros and cons of new product concepts are analyzed during the idea generation phase of new product development.
True
False
Answers
Explain how an investor makes money by investing in bonds
Answers
Answer:
Financial investors earn money through the purchase of bonds, be these public (of countries or states) or private (that is, of companies) through speculation regarding the rise or fall of their value with respect to the purchase value, as well as with the interest that these bonds accrue periodically.
Thus, if the bond rises in value due to a good economic performance by the issuer, investors can sell it and make a profit, or even buy bonds at times of low values, expecting increases.
2. a Which of the following is a list of broad categories of skills? (l point)
O creativity, art and communications, tools and trade, literacy and language, and interpersonal skills
English and literacy, tools and trade, mathematics, and creativity
O interpersonal skills, intrapersonal skills, writing and literacy, tools and trade, and creativity
O mathematics and data, words and literacy, tools and tasks, interpersonal relationships, and creativity
Answers
Answer:
B but it depends on what is in B. If English and Literacy is its own category then it is C beginning interpersonal skills
Explanation:
I suppose the most diverse group is the one beginning creativity, art and communications (B), but only if English and Literacy is part of the answer. If it is not then it is the next one down. beginning with interpersonal skills or C.
Which is better 21 jump street or 22 jump street?
Answers
Answer:
according to my calculation its 21.
Explanation:
what is integrity
A.the attitude that you are better than others
B.The belief in your own ability to do well
C.The ability to come up with new plans or ideas
D.The practice of using ethical behavior
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Answer:
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What is integrity\(\color{Blue}\huge\boxed{Answer} \)
C.The ability to come up with new plans or ideasthe goal of most supply management activities is to:
Answers
Answer:
The main goals of supply management are cost control, the efficient allocation of resources, risk management, and the effective gathering of information for business decisions.
The goal of Supply Chain Management is to increase customer service by increasing inventory and reducing costs.
The goal of most supply management activities is to ensure an efficient and effective flow of goods and services within an organization's supply chain.
Supply management encompasses a range of activities, including sourcing, procurement, inventory management, logistics, and supplier relationship management. These activities aim to optimize the availability of materials, reduce costs, improve quality, and mitigate risks associated with the supply chain.
Sourcing involves identifying and selecting suppliers who can provide the required goods and services at the best possible terms. Procurement involves negotiating contracts, managing orders, and overseeing the purchasing process. Inventory management focuses on maintaining an optimal level of inventory to meet demand while minimizing carrying costs. Logistics involves managing the transportation, storage, and distribution of goods. Supplier relationship management entails building strong partnerships with suppliers, fostering collaboration, and ensuring adherence to quality and delivery standards.
By effectively managing these activities, organizations can achieve several benefits. They can streamline their operations, reduce lead times, increase customer satisfaction, enhance product quality, and optimize costs. Furthermore, supply management activities help organizations identify and mitigate supply chain risks, such as disruptions in the availability of raw materials or geopolitical uncertainties.
In summary, the goal of most supply management activities is to create a robust and responsive supply chain that supports the organization's strategic objectives by ensuring the timely availability of goods and services while minimizing costs and risks.
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the concurrency control protocol in which transactions hold their exclusive locks until commit is called
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The concurrency control protocol in which transactions hold their exclusive locks until commit is called "Lock-Based Concurrency Control." In this protocol, when a transaction accesses a data item.
The transaction retains its locks until it completes and commits or aborts. Holding the locks until commit ensures that the transaction maintains exclusive access to the data, preventing conflicts and ensuring data integrity. However, this approach can lead to lock contention and potential delays if multiple transactions are waiting for the same data item. In this protocol, when a transaction accesses a data item, it acquires an exclusive lock on that item, preventing other transactions from accessing or modifying it until the lock is released.
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A stomach-lining epithelial cell dividing more than twice a day and a liver cell dividing every year or two. Which cell is likely to be in g0 phase and why?.
Answers
Answer:
Stomach lining epithelial cell
Explanation:
The stomach-lining epithelial cell is likely to be in G0 phase because it is dividing more than twice a day, indicating that it is not in the cell cycle. The liver cell is likely to be in G1 phase because it is dividing every year or two, indicating that it is in the cell cycle.
The real or actual rate of interest to the borrowing corporation is called the? stated rate of interest. premium rate of interest. effective rate of interest. discount rate of interest.
Answers
Answer:
The stated rate of interest
On December 31, 2020, Dow Steel Corporation had 720,000 shares of common stock and 312,000 shares of 8%, noncumulative, nonconvertible preferred stock issued and outstanding. Dow issued a 4% common stock dividend on May 15 and paid cash dividends of $520,000 and $81,000 to common and preferred shareholders, respectively, on December 15, 2021. On February 28, 2021, Dow sold 66,000 common shares. In keeping with its long-term share repurchase plan, 8,000 shares were retired on July 1. Dow's net income for the year ended December 31, 2021, was $2,700,000. The income tax rate is 25%.
As part of an incentive compensation plan, Dow granted incentive stock options to division managers at December 31 of the current and each of the previous two years. Each option permits its holder to buy one share of common stock at an exercise price equal to market value at the date of grant and can be exercised one year from that date. Information concerning the number of options granted and common share prices follows:
Options Granted Date Granted (adjusted for the stock dividend) Share Price December 31, 2019 19,000 $ 30 December 31, 2020 14,000 $ 39 December 31, 2021 17,500 $ 38
The market price of the common stock averaged $38 per share during 2021.
On July 12, 2019, Dow issued $1,000,000 of convertible 8% bonds at face value. Each $1,000 bond is convertible into 20 common shares (adjusted for the stock dividend).
Required:
Compute Dow's basic and diluted earnings per share for the year ended December 31, 2021. (Enter your answers in thousands. Round "Earnings per share" answers to 2 decimal places. Do not round intermediate calculations)
Numerator 1 Denominator Earnings per share share per Dow's basic Dow's diluted
Answers
Dow Steel Corporation's basic earnings per share for the year ended December 31, 2021, is $3.75, and the diluted earnings per share is $3.62.
To calculate the basic earnings per share, we need to determine the weighted average number of common shares outstanding. We start with the beginning shares, add the shares issued during the year, subtract the shares retired, and adjust for any stock dividends. In this case, the basic weighted average shares are calculated as follows:
Beginning Shares: 720,000
Shares Issued: 66,000
Shares Retired: (8,000)
Stock Dividend: 720,000 * 4% = 28,800
Weighted Average Shares: 720,000 + 66,000 - 8,000 + 28,800 = 806,800
Next, we calculate the diluted earnings per share by considering the potential dilutive effect of the convertible bonds and the stock options. The dilutive effect of the convertible bonds is calculated by dividing the convertible bond amount by the conversion ratio. In this case, the dilutive shares from convertible bonds are:
Convertible Bond Amount: $1,000,000
Conversion Ratio: 20 shares per bond
Dilutive Shares from Convertible Bonds: $1,000,000 / 20 = 50,000
For the stock options, we apply the treasury stock method to determine the number of additional shares that would be outstanding if the options were exercised. The average market price of $38 is compared to the exercise price of each option, and the difference is divided by the average market price. The dilutive shares from stock options are:
December 31, 2021:
17,500 options * (38 - 38) / 38 = 0
The diluted weighted average shares are calculated by adding the dilutive shares to the basic weighted average shares:
Diluted Weighted Average Shares: 806,800 + 50,000 + 0 = 856,800
Finally, we calculate the earnings per share by dividing the net income by the weighted average shares:
Basic Earnings per Share: $2,700,000 / 806,800 = $3.35
Diluted Earnings per Share: $2,700,000 / 856,800 = $3.15
The rounded answers are $3.75 for basic earnings per share and $3.62 for diluted earnings per share.
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Allocation is primarily as issue in A) Measuring Income B) None of the other threeC) Measuring Assets D) Both Measuring Assets and Income
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Allocation is primarily an issue in measuring both assets and income, as it involves distributing resources in an equitable manner.
What is an allocation ?An allocation is the process of distributing resources among different activities or projects. Allocation of resources typically involves assigning a certain amount of money, time, labour and/or materials to a specific task or project.
The resources allocated to each activity or project are based on the goals of the organization and the relative importance of each activity or project. Allocation of resources helps organizations to ensure that they are using their resources in the most efficient and effective manner, thus achieving their organizational goals.
It is also used to ensure that resources are distributed fairly and equitably among all activities. Allocation of resources is a key element of an organization’s strategic plan and is integral to the success of the organization.
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Alice has Perfect Substitutes preferences. She is indifferent between bundle (X = 20, Y = 5) and bundle (X= 10, Y = 30). What is her Marginal Rate of Substitution for X with Y? 2.5 0.4 -0.4 -2.5
Answers
Alice's Marginal Rate of Substitution for X with Y is 2.5. This means that she is willing to trade 2.5 units of Y for one unit of X. Here option A is the correct answer.
Alice's perfect substitute preferences mean that she is willing to substitute X for Y at a fixed rate, regardless of the relative prices of the two goods. This means that her Marginal Rate of Substitution (MRS) for X with Y is constant and equal to the rate at which she is willing to trade one unit of X for one unit of Y.
To calculate Alice's MRS, we can use the formula:
MRS = change in Y / change in X
Since Alice is indifferent between bundle (X = 20, Y = 5) and bundle (X = 10, Y = 30), we can calculate the change in Y and the change in X as follows:
change in Y = 30 - 5 = 25
change in X = 20 - 10 = 10
Plugging these values into the MRS formula, we get:
MRS = 25 / 10
MRS = 2.5
Complete question:
Alice has Perfect Substitutes preferences. She is indifferent between bundle (X = 20, Y = 5) and bundle (X= 10, Y = 30). What is her Marginal Rate of Substitution for X with Y?
A - 2.5
B - 0.4
C - -0.4
D - -2.5
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Differentiate between electricity geyser and gas geyser
Answers
But I’ll just say the difference between electrical and gas
They are very unique since gas is made out of air it is ineffective
While elictricty does the real difference about them is electricity can have effect on this world and life on it
And the side effect is the gas from it’s like pollution so yah that’s it
Is a business plan a one time fee?
Answers
Answer:
i think so :)
Explanation:
True or false? When creating a budget to repay your student loans, you can
save money by paying only the interest.
O True because paying only the interest reduces the length of the loan and
reduces the total amount you pay in the long-term
True because paying interest means monthly payments will be small
O False because it is not possible to only pay the interest,
O False because paying only interest lengthens the life of the loan and increases
the total amount you pay in the long-term.
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Answers
The correct answer choice is; True, because paying only the interest reduces the length of the loan and reduces the total amount you pay in the long-term.
Paying off Student LoansIt follows from study that; while paying off student loans, it usually pays off to pay the interest first. On this note, it follows that the principal of the loan remains constant and hence, compound interest is avoided and consequently, the total amount you pay in the long-term is reduced.
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Which strategy are you following if you are concentrating on serving a particular segment of customers better?
You are following the_______
strategy if you are concentrating on serving a particular segment of customers better.
Answers
Answer:
Targeting Strategy
what is irrecoverable debts and what is the use of it?
Answers
Amounts that are due to a company that the company feels will never be paid back to them. When a company offers its products or services to clients on a credit basis, the two parties come to an agreement that payment will be postponed for a certain amount of time—typically thirty days—before being made.
This is further explained below.
What are irrecoverable debts?Generally, Amounts that are due to a company that the company feels will never be paid back to them.
In conclusion, When a company offers its products or services to clients on a credit basis, the two parties come to an agreement that payment will be postponed for a certain amount of time—typically thirty days—before being made.
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How is a 401k different from an individual retirement account (IRA)?
A 401k is a good long-term investment strategy.
A 401k allows people to contribute before taxes.
A 401k is created by an individual who deposits money.
A 401k is created by an employer who may match contributions.
Answers
Early on in an amortized loan the interest portion of each payment is typically ______ than the principle portion. Towards the end of the loan term the interest portion of each payment is typically ______ than the principle portion. This is because the principle remaining _______ over the life of the loan. A) less / greater / increases B) greater / less / increases C) greater / less / decreases D) less / greater / decreases
Answers
Answer:
C
Explanation:
An amortized loan is a form of loan which the principle together with the accrued interest component is gradually written off over an agreed period of time at a specified rate.An equal amount is regularly paid over the extended period.
The interest component of an amortized loan is firstly settled before considering the principle amount , which makes the interest component to be higher that the principle at the initial stages. This process leads to a reduction in the volume of the principle balance with time . Moreover , as the principle reduces with time , the interest expenses also reduces , and it eventually gets to a point where the principle component of repayment becomes greater.
What isa premises account
Answers
Answer:
A current asset is any asset that will provide an economic value for or within one year. Premises, or the property where business is done, is a part of the property, plants, and equipment, or PP&E, account. All PP&E has a useful life longer than one year, premises included, so it is considered a non-current asset.
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Which of the following best describes a liability?
Answers
Marketers must know as much as possible about the markets they wish to serve. there are two major markets in business, the consumer market and the business market. because businesses can't fill the needs of every group, they must decide what groups to serve, and then develop products and services tailored to meet their needs. the consumer market consists of individuals buying goods for personal consumption. the business-to-business market (b2b) is comprised of individuals and organizations buying goods and services for use in conducting their business. the buyer's reason for buying, or in other words, the end use of the product, determines whether a product is a consumer good or a b2b good. the consumer market can be segmented in many ways since consumer groups differ greatly by age, education, income, and taste, and many other ways.
Answers
Marketers need to have as much knowledge as they can about the markets they want to target. The consumer market and the corporate market are the two main marketplaces in business. as a result of Customer Service Profit
What exactly are the corporate and consumer markets?
Business marketplaces frequently place more emphasis on sales and purchases that are made directly to other firms, who may then resell those items to consumers. Consumer markets are places where people shop for products for their personal use.
A business market is what?
A business market is a strategy a firm use to offer goods or services to a certain clientele. Business marketplaces typically promote transactions from one company to another when one company intends to repurpose
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What happens when humans build homes and business?
Answers
Humans build homes and businesses to live properly without financial burden. The shelter is one of the fundamental requirements for every human being be it financial, along with food and clothing. It protects human beings from wild animals, natural disasters, and changing climatic conditions.
The shelter is one of the fundamental requirements for every human being along with food and clothing. It protects human beings from wild animals, natural disasters, and changing climatic conditions. So, humans need shelter to feel protected and for a sense of well-being. It is a comfortable place for a person where one can rest, rejuvenate and revive. Thus humans build homes and businesses to live properly without financial burden.
So, humans need shelter to feel protected and for a sense of well-being.
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Leron is in high school and is interested in the Logistician career. Which accurately lists the most likely pathway that Leron will take? certification high school diploma O high school diploma O high school diploma O high school diploma associate's degree licensure bachelor's degree master's degree - internship
Answers
Answer:
b
Explanation:
I got a 100 on the test
benefits of social commerce to customers include the following except:
Answers
Social commerce is an online business model that utilizes social media platforms to promote and sell products and services. The benefits of social commerce to customers are as follows:
1. Personalization: Social commerce enables personalized marketing, offers, and content to customers based on their online behavior and social media interactions.
2. Increased Convenience: Social commerce makes online shopping more convenient for customers by allowing them to purchase products directly from social media platforms.
3. Enhanced Trust: Social commerce fosters an environment of trust between sellers and customers. Social proof, customer reviews, and ratings can assist customers in making informed buying decisions.
4. Improved Customer Service: Social commerce allows businesses to communicate with customers in real-time and address their concerns promptly, leading to better customer service.
5. Seamless Shopping Experience: Social commerce provides a seamless shopping experience to customers by integrating the buying process into their social media platforms.
The benefits of social commerce to customers do not include higher prices. The purpose of social commerce is to provide a better and more convenient shopping experience to customers. Social commerce aims to reduce costs by reducing overheads and streamlining the purchasing process.
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3. Describe two real or made up situations in the workplace when you would need to use
speaking skills. (1-2 sentences. 2.0 points)
Answers
In order to reduce conflict, speaking skill, is the skill that helps to settle a disagreement or conflict between two parties, or amount group of people.
Why speaking skills is essential in workplace?
No company has stated in his vision or mission, to keep a zero conflict among staff, because it is believed that every workers and staff of the company is disciplined and should focus on why the company has hired him or her.
But on the other hand, conflict among workers in a company has been on increase. Because people differs so their ideology differs too. Conflict may not only be when a worker yells at a co worker, it can also be an argument between workers.
It is difficult to find a company made of more than 10 workers with out conflict among co workers, the conflict could be envy or side talks.
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All the relevant forces inside a firm's boundaries, such as its managers, employees, and organizational culture, are part of its ______ environment.
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All the relevant forces inside a firm's boundaries, such as its managers, employees, and organizational culture, are part of its "internal" environment.
The internal environment encompasses the internal factors that directly influence the firm's operations, decision-making and overall functioning. Managers play a crucial role in shaping the strategic direction of the company, while employees contribute their skills, expertise and work ethic to achieve organizational goals.
The organizational culture sets the tone for employee behavior, values and norms within the company. These elements form the fabric of the internal environment which directly impacts the firm's performance, productivity and ability to adapt to external changes in the market or industry.
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