The total cost of the equipment = $33750 + $3000 + $600 = $37350 Under the straight-line method, depreciation is calculated by the following formula:
Depreciation = Cost - Salvage value / Useful life
Cost = $37350, Salvage value = $13095, useful life = 3
Depreciation = ($37350 - $13095) / 3 = $8085
Under the straight-line method, depreciation remains the same every year.
A salvage tug, recognized also historically as a wrecking tug, is a specialized kind of tugboat this is used to rescue ships that might be in distress or in risk of sinking, or to salvage ships that have already sunk or run aground. Few tugboats have ever been simply completely devoted to salvage work; maximum of the time, salvage tugs perform towing barges, platforms, ships, or acting other utility tugboat paintings.
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Which of the following statements is CORRECT?a. Diversifiable risk can be reduced by forming a large portfolio, but normally even highly-diversified portfolios are subject to market (or systematic) risk.b. A large portfolio of randomly selected stocks will have a standard deviation of returns that is greater than the standard deviation of a 1-stock portfolio if that one stock has a beta less than 1.0.c. A large portfolio of stocks whose betas are greater than 1.0 will have less market risk than a single stock with a beta = 0.8.d. If you add enough randomly selected stocks to a portfolio, you can completely eliminate all of the market risk from the portfolio.e. A large portfolio of randomly selected stocks will always have a standard deviation of returns that is less than the standard deviation of a portfolio with fewer stocks, regardless of how the stocks in the smaller portfolio are selected.
Answer:
a. Diversifiable risk can be reduced by forming a large portfolio, but normally even highly-diversified portfolios are subject to market (or systematic) risk.
Explanation:
Diversifiable risk can as well as be regarded as unsystematic risk, it is specific risk of a firm which impacts the price of the stock of individual rather than affecting the industry as a whole or sector where the the firm is carrying out it's operation. It a risk whereby there is possibility that change in the price of a security will be experienced because of the specific characteristics that the security have. It should be noted that Diversifiable risk can be reduced by forming a large portfolio, but normally even highly-diversified portfolios are subject to market (or systematic) risk.
Rather than acquire an existing machine parts manufacturer in Mexico, Robertson Corp., based in Ohio, chose to establish new operations in a northern Mexico city. This form of FDI is called
The form of Foreign direct investment used to acquire the existing machine parts manufacturer in Mexico, Robertson Corp based in Ohio is called a greenfield investment.
What is a greenfield investment?A greenfield investment refers to a foreign portfolio investment whereby a company buys the stocks or bonds of an existing company.
In conclusion, the acquisition of Robertson Corp in other to establish new operations in a northern Mexico is called a greenfield investment.
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A truck was purchased for $180,000 and it was estimated to have a $36,000 salvage value at the end of its useful life. Monthly depreciation expense of $3,000 was recorded using the straight-line method. The annual depreciation rate is Group of answer choices
Answer:
the annual depreciation rate is 25%
Explanation:
The computation of the depreciation rate is shown below:
= Yearly depreciation ÷ (Purchased cost - salvage value)
= ($3,000 × 12 months) ÷ ($180,000 - $36,000)
= $36,000 ÷ $144,000
= 25%
Hence, the annual depreciation rate is 25%
we simply applied the above formula
which of the following reflects an appropriate response to a spill involving human material and broken glass? the worker must use a set of tongs or another device to collect the contaminated sharps. the worker must wear gloves when collecting broken glass by hand and then discard the broken glass into a sharps container. the worker must wear two pairs of gloves when collecting broken glass by hand and then discard the broken glass into a sharps container. the worker and another colleague must collect the sharps as it is a two-person job. each person holds an end of the large pieces of glass by hand in order to safely discard them into a large sharps container.
The appropriate response to a spill involving human material and broken glass is for the worker to wear gloves when collecting broken glass by hand and then discard the broken glass into a sharps container.
When dealing with a spill involving human material and broken glass, it is important to protect oneself from potential harm. Wearing gloves when handling broken glass helps to prevent cuts and exposure to any hazardous materials that may be present. Additionally, discarding the broken glass into a sharps container is important for proper disposal and minimizing the risk of injury to others.
In the case of a spill involving human material and broken glass, the safety of all individuals involved is of utmost importance. The appropriate response would be for the worker to wear gloves when collecting broken glass by hand and then discard the broken glass into a sharps container. This ensures that the worker is protected from any potential harm, including cuts from the broken glass or exposure to any hazardous materials that may be present in the human material. It is important to note that using a set of tongs or another device to collect the contaminated sharps may be necessary in certain situations, such as if the broken glass is difficult to reach or if the worker is unable to wear gloves for any reason. However, in general, wearing gloves is the best practice for protecting oneself from harm. Wearing two pairs of gloves may seem like an extra precaution, but it is not necessary and may actually increase the risk of injury. Two pairs of gloves can make it more difficult to grip and handle the broken glass, increasing the risk of dropping or mishandling it. Additionally, it can create a false sense of security that may lead to a lack of proper handling and disposal procedures.
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Adya, a media planner, switches to a new job at her company that involves more responsibility and an increase in compensation. This transition would typically be considered
The transition of Adya involves more responsibility and an increase in compensation and is known as a promotion.
What is a promotion?A promotion at workplace simply involves a step up the ladder and a increase on responsibility at the workplace.
In this case, the transition of Adya involves more responsibility and an increase in compensation and is known as a promotion
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Pick any six Fed funds rate announcements (three of them have to be decrease and three of them have to be increase in rates). Then, measure the impact of these six announcements on the value of dollar, separately. You can use the change in the value of dollar during the 14 days following the announcement. Submission should include: (i) Expectation for the effect of the announcement on dollar value (DXY) (ii) sources of data and period of observation; (iii) Table including actual $ return vs. choice of economic announcement(change in interest rate) (iv) Graph or regression table(s); (v) Interpretation of results and conclusions. Do you observe any differences in the reaction of $ to the increases and decreases in interest rates? Is it consistent with your expectations? If yes, why? Again, if no, why?
Expectation for the effect of the announcement on the dollar value (DXY):The Federal Reserve's federal funds rate decisions have a direct impact on the U.S. dollar. Since, if the Federal Reserve raises the federal funds rate, it will strengthen the U.S. dollar.
The data sources and the period of observation:We'll be looking at the Fed funds rate decisions from January 2017 to December 2019. The data will be obtained from the Federal Reserve's website, which publishes all the necessary data regarding monetary policy changes .Table including actual $ return vs. choice of economic announcement (change in interest rate):Graph or regression table(s):The table below depicts the data for the six Fed funds rate decisions and the change in the dollar value (DXY) over the 14 days following the announcement.
Interest rate hikes are identified as “positive,” whereas interest rate reductions are identified as “negative” in the “Interest Rate Change” column. The change in dollar value is shown in the “Actual Return” column. Interpretation of results and conclusions: It's worth noting that there's a lot of variability in how the dollar value reacted to each announcement.
There are differences in the dollar's response to increases and decreases in interest rates. Our data reveal that the dollar value had a higher increase when the Fed increased interest rates than when it lowered interest rates. However, this does not always hold true, so it cannot be considered a reliable pattern.It's tough to forecast how the dollar value will react to each Fed funds rate decision since each decision is unique. As a result, it's difficult to create reliable patterns that can be used to forecast the dollar's response.
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Police and prosecutors tend to have the most trouble finding witnesses in cases involving domestic violence, gangs, or drugs.
Why might witnesses in those cases avoid coming forward?
Instead of working on a case-by-case basis to convince one witness to testify, how could police encourage more witnesses to testify in general?
Answer: 123
Explanation:
Why because if you work it our it will make a lot of sense
By paying close attention to customer needs and continuously monitoring the environment in which it operates, a good marketer can?
By paying close attention to customer needs and continuously monitoring the environment in which it operates, a good marketer can identify potential opportunities. Thus option B is correct.
What is a Customer?A customer refers to an individual who purchases the product he may or may not be the consumer as the consumer is the person who is the end user of any product and utilize it.
Customers are the key elements of any busines, fulfilling customers' needs and desires will result in better customer satisfaction and helps business to identify potential opportunities to grow and seek improvement.
Therefore, option B is appropriate.
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The complete question is By paying close attention to customer needs and continuously monitoring the environment in which it operates, a good marketer can?
Avoid cognitive dissonance
identify potential opportunities
Divide Geration
one way to segment a market is according to whether the purchaser is a consumer or a business-to-business user.
The statement one way to segment a market is according to whether the purchaser is a consumer or a business-to-business user is True.
What is market segmentation?Market segmentation can be defined as the way of separating the market into different segment or group. Example of market segmentation is putting customers that share similar or the same features into the same group
The statement is true because a company can tend to divide a market based on whether a person is a consumer on a business user.
Therefore the statement is true.
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The complete question is :
one way to segment a market is according to whether the purchaser is a consumer or a business-to-business user. True/False
What are interpersonal skills?
A.
the skills required to develop your personality
B.
the skills required to grow in your job role
C.
the overall way of portraying yourself when communicating with others
D.
the overall way you deal with conflicts
Answer:
The answer is 2
Explanation:
Answer is the letter D the overall way you deal ith conflicts
Answer:
C.
the overall way of portraying yourself when communicating with others
Explanation:
Which country is not an example of a command economy?
Haiti
China
Vietnam
Cuba
Answer:
Haiti
Explanation:
A command economy is one where the government controls economic productions. The government owns the factors of production. It is the government that determines what, when, and how much to produce. The government regulates prices, and there is no competition.
Some of the countries that have command economies include Belarus, North Korea, Cuba, Iran, Libya, China, and, Russia
Haiti has a free market economy. It is a developing economy that has many elements of a traditional economy.
Sometimes news organizations have biases because:
A. they are concerned about a national crisis.
B. the government pays them to be biased.
C. they need to make money and get advertisers.
D. the audience has to be influenced.
Answer:
c
Explanation:
Sometimes news organizations have biases because they need to make money and get advertisers. Hence, option C is correct.
What is organizations?a group of people who work together in an organized way toward a common objective: the World Health Organization. The essay was about international aid organizations. more occurrences.
A structured grouping of people, such as a company, nonprofit, political party, or club, is known as an organization. These speciality schools are mostly run by nonprofit organizations. a report from the International Labor Organization.
The majority of firms today use one of three types of organizational structures: functional, departmental, or matrix. The advantages and disadvantages of each form must be considered by owners before deciding which to utilize for their business.
Thus, option C is correct.
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Is South Korea one of the fastest-growing Asian country
Answer:
yes, it is
Explanation:
It has one of the largest economies in the world
Joseph is trying to select a new couch for his living room. As he looks at each couch at the furniture store, he tries to visualize how it would look in his living room at home. Joseph is using _____ to help him determine which couch to buy
Joseph is using visualization to help him determine which couch to buy.
Joseph's process of visualization plays a crucial role in helping him determine which couch to buy for his living room. As he explores each couch at the furniture store, he actively engages his imagination to envision how it would look in his own living room. This mental exercise allows him to mentally place the couch within the context of his home environment, considering factors such as size, color, style, and how it complements his existing decor.
By visualizing the couch in his living room, Joseph can gauge whether it will harmonize with the overall aesthetic and layout of the space. He considers how the couch will fit in terms of dimensions, ensuring it neither overwhelms nor gets lost in the room. Joseph takes into account the color scheme, contemplating whether the couch will be a complementary or contrasting element within the existing palette.
Furthermore, visualization enables Joseph to assess the functionality and practicality of each couch. He imagines himself and his family members sitting, lounging, or entertaining on the couch, considering aspects like comfort, seating capacity, and usability. Joseph also envisions the placement of the couch, mentally arranging and rearranging furniture in his living room to find the optimal configuration.
Through this visualization process, Joseph is able to mentally project and assess the potential outcome of each couch in his living room. This aids him in making an informed decision based on his preferences, lifestyle, and the specific needs of his living space. By relying on his imaginative faculties, Joseph ensures that the chosen couch not only meets his aesthetic preferences but also seamlessly integrates into his living room, creating a cohesive and visually appealing environment.
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Benjamin tells James at a company meeting that James has an unimportant job and still can't do it correctly. Benjamin is being ______. A. Communicative b. Intrepid c. Arrogant d. Humorous Please select the best answer from the choices provided A B C D
Answer:
C. Arrogant
Explanation:
May I have brainliest please? :)
Benjamin is being arrogant in nature when he told about James's job being less important and also that he doesn't do it correctly.
Option C is the correct answer.
What is arrogance?Arrogance is a characteristic of a person who feels to be the most superior one and treats their subordinates as inferior ones. It is a kind of having egoism in oneself.
In the given statement, Benjamin talks negatively about the job of his employee, James right in front of the company's meeting. He says to him that his job is not so important and also states that his incapability for the concerned job. These statements portray the arrogant nature of Benjamin.
Being the employer, he must support his employee in the company's meetings even if his employee is doing any mistakes. He can personally guide him about his weaknesses rather than disgracing him in the meeting.
Therefore, the provided statement shows his arrogant behavior of Benjamin toward his employee James.
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generally, as number of items increases on a survey the group of answer choices reliability increases. reliability decreases. content validity increases. content validity decreases.
As the number of items increases on a survey, the reliability of the survey generally increases. Reliability refers to the consistency and stability of the survey's measurement.
By including more items, the survey provides a more comprehensive assessment of the construct being measured, which reduces the impact of random measurement errors. More items increase the internal consistency and reliability of the survey, as it allows for multiple indicators of the construct.
However, it is important to ensure that the additional items are relevant and contribute to the measurement of the construct. Increasing the number of items without proper consideration of their content validity may lead to decreased content validity, as irrelevant or redundant items may dilute the measurement's accuracy.
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I allow you to write letters of the alphabets what I am
Answer:
1COMPUTER (Practice worksheet) Name: Class:2 Date ...../ / I am your friend Pingo. Will you do this worksheet with me? This is my keyboard. Function Keys Numeric My computer's keyboard can talk. Special Keys Normal Keys Direction Keys Keys Numeric Keypad It wants to ask a few questions. Will you answer them for me? 1. Which key am I? a) I allow you to write letters of the alphabets. b) I allow you to move the cursor to the top of the page. c) I allow you to delete the letter to the left of the cursor d) I allow you to delete the letter to the right of the cursor. e) If you press me you can type capital letters. f) You use me to type numbers. g) I allow you to create blank spaces between two words or two numbers. h) I allow you to move the cursor up, down, left or right.
Describe what each of the Five P's of Entrepreneurial Behavior means. - Describe identified strengths and weaknesses - Describe how you plan to improve upon the weaknesses.
The Five P's of Entrepreneurial Behavior (Passion, Perseverance, Proactiveness, Persistence, People Skills) represent key characteristics. Identify strengths and weaknesses, improve through balanced approaches, self-awareness, adaptability, and skill development.
Here's a description of each of the Five P's of Entrepreneurial Behavior, along with identified strengths and weaknesses, and strategies for improvement:
1. Passion: Passion refers to the intense enthusiasm and dedication that entrepreneurs have for their ideas or ventures.
Strengths: Passion fuels creativity, determination, and the ability to inspire others. It helps entrepreneurs stay focused and committed to their goals.
Weaknesses: Excessive passion can sometimes blind entrepreneurs to potential risks or limitations. It may lead to tunnel vision and an unwillingness to consider alternative viewpoints or adapt when needed.
Improvement: To improve, it is important to maintain passion while practicing objective analysis and critical thinking. Seek diverse perspectives, conduct thorough market research, and be open to feedback to balance passion with pragmatism.
2. Perseverance: Perseverance refers to the ability to persist in the face of setbacks, failures, and obstacles.
Strengths: Perseverance enables entrepreneurs to bounce back from failures, learn from experiences, and stay committed to long-term goals. It fosters a growth mindset and willingness to take calculated risks.
Weaknesses: Overly stubborn perseverance can lead to a reluctance to pivot or make necessary adjustments when circumstances change. It may result in wasted resources and missed opportunities.
Improvement: Develop self-awareness and embrace a flexible mindset to recognize when perseverance needs to be balanced with adaptability. Seek feedback and actively learn from both successes and failures to enhance decision-making.
3. Proactiveness: Proactiveness refers to the ability to anticipate and create opportunities rather than merely reacting to them.
Strengths: Proactive entrepreneurs are forward-thinking and constantly seek ways to innovate and improve. They are often first-movers in identifying market gaps and capitalizing on emerging trends.
Weaknesses: Excessive proactiveness without proper planning or evaluation can lead to impulsive decision-making and a higher risk of failure. It may also result in spreading resources too thin across multiple ventures.
Improvement: Balance proactiveness with strategic thinking and analysis. Develop a structured approach to opportunity evaluation, conduct thorough market research, and carefully assess risks and rewards for better decision-making and resource allocation.
4. Persistence: Persistence refers to the ability to stay committed to goals and objectives over an extended period.
Strengths: Persistent entrepreneurs exhibit a strong work ethic, dedication, and the willingness to put in the necessary time and effort. They have the ability to weather challenges and setbacks, keeping their eye on the bigger picture.
Weaknesses: Excessive persistence without periodic evaluation can lead to pursuing ventures that may not be viable or align with changing market conditions. It may result in resource depletion and missed opportunities for more promising endeavors.
Improvement: Regularly evaluate progress, seek feedback, and conduct market analysis to identify when persistence needs to be redirected or adjusted. Be open to pivoting and learn from feedback to enhance adaptability.
5. People Skills: People skills refer to the ability to effectively interact, communicate, and collaborate with others.
Strengths: Strong people skills enable entrepreneurs to build partnerships, attract talent, negotiate deals, and motivate teams. Effective communication fosters trust, enhances customer relationships, and enables successful collaborations.
Weaknesses: Weak people skills can hinder networking opportunities, strain relationships, and impact team dynamics. Poor communication may lead to misunderstandings, conflicts, and difficulties in inspiring and motivating others.
Improvement: Invest in developing communication and interpersonal skills. Seek opportunities for networking and relationship building. Practice active listening, empathy, and effective communication techniques to enhance people skills and foster positive interactions.
By recognizing the strengths and weaknesses associated with each of the Five P's of Entrepreneurial Behavior and implementing improvement strategies, entrepreneurs can enhance their overall entrepreneurial capabilities and increase their chances of success.
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Post-Assessment
Question 2 of 5
Why is buying a car considered "bad debt"?
It decreases in value over time
It increases your net worth as it build equity
It gives you transportation to and from your job
It is worth more than any other investment
Submit
Continue
E
The reason why buying a car considered "bad debt"is that It decreases in value over time. option A
What is bad debt?The term bad debt can be described as the amount of money that a creditor must write off as a result of a default on the part of the debtor in a case whereby the creditor has a bad debt on the books, then things turn to uncollectible and is recorded as a charge-off.
It should be noted that a case can be regarded as bad debt because the value of the asset you receive from the loan depreciates quickly however in some cases interest charges increase how the amount that is been paid for the vehicle. and in thius case cost is higher compare to what it would be if you'd purchased the car outright with cash.
Hence, option A is correct.
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Match the job titles with career clusters executive secretary survey researcher Storage and distribution manager loan officer cargo and freight agent general manager
Answer:
Accountant - Finance
Survey Researcher - Science, Technology, Engineering and Mathematics
Loan Officer - Finance
Cargo and Freight Agent - Transportation, Distribution and Logistics
General Manager - Business Management and Administration
Executive Secretary - Business Management and Administration
Storage and Distribution Manager - Transportation Distribution and Logistics
Purchasing Agent - Manufacturing
Explanation: i took the test and got 100
Matching the job titles with career clusters are Executive Secretary in Business Management and Administration, Survey Researcher in Science, Technology, Engineering and Mathematics.
What are career clusters?Career Clusters provide students with a context for studying traditional academics and learning the skills specific to a career, and provide U.S. schools with a structure for organizing or restructuring curriculum offerings and focusing class make-up by a common theme such as interest.
In the U.S. Department of Education model, 17 Career Clusters link to 70+ more specific Career Pathways each having its knowledge and skills requirements. Within the 70+ career pathways, 1800 Career Specialties are defined. The structure has evolved and may vary by state. Matching more job titles with career clusters are Storage and Distribution Manager - Transportation Distribution and Logistics, Loan Officer Finance, and Cargo and Freight Agent - Transportation.
Further, Distribution and Logistics, General Manager - Business Management and Administration.
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True or False: Secondary data is usually more expensive than collecting primary data.
The statement that secondary data is generally more expensive than primary data collection is False.
Indeed, primary data is very expensive while secondary data is economical. When working with a small budget, researchers benefit from working with secondary data and then analyzing it to discover new trends.
What is Primary and Secondary data?Primary data is first-hand data collected by the researcher himself. Primary data is “pure” in the sense that no statistical operation has been performed on it and that it is original.
Secondary data on the other hand is a type of data that comes from somewhere it was originally collected. This means that this type of data has already been collected by some scholars or researchers in the past and is available in published or unpublished form. This information is impure because it may have already been the subject of statistical processing.
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Which type of business ownership has limited liability?
Partnership
Sole proprietorship
Corporation
None of the above
An employer can eliminate a worker’s medical, optical, or dental insurance coverage on the voluntary termination of the worker’s employment.
a) true
b) false
An employer can eliminate a worker’s medical, optical, or dental insurance coverage on the voluntary termination of the worker’s employment. It is true.
An employee decides to leave their position or terminate their agreement voluntarily. In contrast to being fired, laid off, or downsized, a voluntary termination is one in which the employee, not the employer, makes the decision.
An employee who resigns freely from his position. With a termination, the business fires the employee.
Default Reasons for Voluntary Termination
Superior Chance.Change of Career.corporate management.Offer turned down.Education.Fit between employee and work.not coming back from vacation.Insufficient Benefits.To know more about voluntary termination: https://brainly.com/question/28342148
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Any one duty of Human Resource Manager
Recruitment: Search for new qualified people
explanation: it means like to get new people to join company if there are vacancies
ian gonna need these so here
Answer:
hi
Explanation:
Firm I is a member of a monopolistically competitive market. Its total cost function is The demand curve for the firm's differentiated product is given by C = 900+60Q₁+9Q1². P = 660-16Q₁ a. Determine the firm's profit maximizing output, price and profit. b. Attracted by potential profits, new firms enter the market. A typical firm's demand curve (say firm's 1) is given by P = [1,224 - 16(Q2 + Q3 +...+QN) - 16Q1], where N is the total number of firms. The long-run equilibrium under monopolistic competition is claimed to consist of 10 firms, each producing 6 units at a price of $264. Is this claim correct? c. Based on the cost function given, what would be the outcome if the market were perfectly competitive? (Presume market demand is P = 1,224 - 16Q, where Q is total output.) Compare this outcome to the outcome in part b.
a. The firm's profit-maximizing output is approximately 4.22 units, the price is $593.28 (approximately), and the profit can be calculated by subtracting total cost from total revenue.
b. The claim of a long-run equilibrium with 10 firms, each producing 6 units at a price of $264, is not correct.
c. In a perfectly competitive market, the outcome would be different compared to the monopolistically competitive market.
a. To determine the firm's profit-maximizing output, price, and profit, we need to find the point where marginal revenue (MR) equals marginal cost (MC).
First, let's find the marginal revenue (MR) function by differentiating the demand function:
MR = dP/dQ₁ = -16
Next, let's find the marginal cost (MC) by differentiating the total cost function:
MC = dC/dQ₁ = 60 + 18Q₁
Setting MR equal to MC:
-16 = 60 + 18Q₁
Solving for Q₁:
18Q₁ = -76
Q₁ = -4.22 (ignoring negative values as it is not meaningful in this context)
Since the quantity cannot be negative, we take the positive value:
Q₁ = 4.22 (approximately).
Now, substitute the value of Q₁ back into the demand curve to find the corresponding price:
P = 660 - 16Q₁
P = 660 - 16(4.22)
P = 593.28 (approximately)
The firm's profit-maximizing output is approximately 4.22 units, the price is $593.28 (approximately), and the profit can be calculated by subtracting total cost from total revenue.
b. To determine if the claim of long-run equilibrium is correct, we need to compare the given conditions with the equilibrium conditions. In monopolistic competition, firms earn zero economic profit in the long run.
Given:
Number of firms (N) = 10
Quantity produced by each firm (Q₁) = 6
Price (P) = $264
To determine if this is an equilibrium, we need to check if the market is in a zero economic profit condition. If the firm is earning zero economic profit, its average total cost (ATC) should be equal to the price (P).
Using the cost function given, we can calculate the ATC:
ATC = C/Q₁ = (900 + 60Q₁ + 9Q₁²) / Q₁
ATC = (900 + 60(6) + 9(6)²) / 6
ATC = 174
Compare ATC with the price (P):
ATC = P
174 = $264
Since ATC is less than the price, the claim is not correct. The firm is earning positive economic profit, indicating that the market is not in long-run equilibrium.
c. In a perfectly competitive market, firms are price takers and the market reaches equilibrium when price (P) equals marginal cost (MC). To determine the outcome, we need to compare the perfectly competitive outcome to the monopolistically competitive outcome.
In a perfectly competitive market, MR is equal to the price (P) since each unit sold fetches the same price. Therefore, the MR function is equivalent to the demand function:
MR = P = 1,224 - 16Q
To find the equilibrium output, set MR equal to MC:
1,224 - 16Q = 60 + 18Q
Rearranging the equation:
34Q = 1,164
Q = 34.24 (approximately)
Comparing this outcome with part b, we can see that in a perfectly competitive market, the equilibrium output is higher (34.24 units) compared to the monopolistically competitive market (6 units). Additionally, the price is lower in the perfectly competitive market ($1,224 - 16Q) compared to the monopolistically competitive market ($264).
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How can I become rich???
Explanation:
1, Don’t focus on a job, use the income from your job to invest to create different forms of income
2, Fastest way to get rich is to form a business
that's it :)
Nordstrom, Inc. operates department stores in numerous states. Suppose selected financial statement data (in millions) for 2022 are as follows. End of Year Beginning of Year Cash and cash equivalents $ 795 $ 72 Accounts receivable (net) 2,035 1,942 Inventory 898 900 Other current assets 326 303 Total current assets $4,054 $3,217 Total current liabilities $2,014 $1,601 For the year, net credit sales were $8,258 million, cost of goods sold was $5,328 million, and net cash provided by operating activities was $1,251 million. Compute the current ratio, accounts receivable turnover, average collection period, inventory turnover, and days in inventory at the end of the current year. (Round current ratio to 2 decimal places, e.g. 1.83 and all other answers to 1 decimal place, e.g. 1.8. Use 365 days for calculation.)
The current ratio is 2.01 times, accounts receivable turnover is 4.15, average collection period is 87.95 days, inventory turnover is 5.93, and days in inventory at the end of the current year is 61.55 days.
Current ratio, accounts receivable and average collection period1. Current ratio:
Current ratio = Current assets / Current liabilities
Current ratio= $4,054 ÷ $2,014
Current ratio= 2.01
2. Accounts receivable ratio:
Accounts receivable turnover= Net Sales / Average Accounts Receivable
Accounts receivable turnover =8,258/ [(2,035+ 1,942)/2]
Accounts receivable turnover =8,258/1,988.5
Accounts receivable turnover =4.15
3. Average collection:
Average collection period = 365 / Accounts Receivable Turnover ratio
Average collection period=365/4.15
Average collection period=87.95 days
4. Inventory turnover:
Inventory turnover ratio = Cost of Goods Sold / Average Inventory
Inventory turnover ratio=$5,328/(898+900)/2
Inventory turnover ratio=5,328/899
Inventory turnover ratio=5.93
5. Day in inventory:
Day in inventory = 365 / Inventory turnover ratio
Day in inventory=365/5.93
Day in inventory=61.55 days
Therefore the current ratio is 2.01 times, accounts receivable turnover is 4.15, average collection period is 87.95 days, inventory turnover is 5.93, and days in inventory at the end of the current year is 61.55 days.
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Using at least two terms from the unit, summarize the United States’ connection to the history of bananas, as documented in this TED talk.
Answer:
There was a U.S corporation called El Pupo that specialized in trafficking bananas. Bananas reached America in the early 1500’s. By the end of the 1800’s, bananas were a big hit in the U.S. Because U.S fruit companies wanted to grow their own bananas, they bribed government officials into giving them access to various lands. Rainforests were cleared, plantations were built, and the business escalated from there. Explanation: For anybody who still needs it. I got a 10/10. Just switch the words around a bit and you should be good.
Which of the following made the building of the first skyscrapers possible
A.Elevator
B.Light timber frame forms
C.Internal combustion engine
D. Rapid steel production
Answer:
choose all three
elevator
internal combustion engine
rapid steel production
Explanation:
Elevator, Internal combustion engine and Rapid steel production made the building of the first skyscrapers possible. Hence, option A, C and D are correct.
What is Elevator?An elevator, often called a lift, is a vehicle that goes in a vertical shaft to carry passengers or goods between floors of a multistory building. With the aid of a counterweight, the majority of modern elevators are propelled by electric motors through a system of cables and sheaves.
The four fundamental types of elevators are hydraulic, traction, machine-room-free, and vacuum. The fundamental distinction between these two words can be seen in the accents in which they are used; for instance, "lift" is used with a British accent whereas "elevator" is used in an American one.
Elevators or lifts carry people and cargo up and down, while escalators act as moving staircases from one story of a structure to another. Moving walkways transport people horizontally or at a slight slope.
Thus, option A, C and D are correct.
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