Mario's company made $4 million in 2012. In 2016 they made $13.2 million. (8 pts) a. Write an equation for the profit, y, in term of the x, the years since 2010. b. What is the slope of this equation, and what does it represent in this problem?
Answers
The slope of the equation is m = 2.55 million per year. This represents the average yearly increase in profits for Mario's company from 2012 to 2016.
We can use the point-slope form of the equation to determine the equation of the line. Since the company had $4 million in profits in 2012, that year corresponds to x = 2 (since 2010 is the origin). Similarly, the company had $13.2 million in profits in 2016, which corresponds to x = 6.
Using the point-slope form, we have:
$$y - y_1 = m(x - x_1)
$$where (x1, y1) is a point on the line and m is the slope. We can use (2, 4) and (6, 13.2) as two points on the line, so:
$$y - 4 = m(x - 2)$$
$$y - 13.2 = m(x - 6)$$
To find the slope, we can rearrange the equation in part a and solve for m:
$$y - 4 = m(x - 2)$$
$$y - 4 = mx - 2m$$
$$y = mx - 2m + 4$$
This is in slope-intercept form, where the slope is the coefficient of x.
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Related Questions
Non-tariff barriers may appear in the form of:
1) requiring a special sticker to be applied to an imported product.
2) slowing down Customs clearance processes.
3) multiplying the number of documents required for importing products.
4) Making documentation requests that are very difficult to fulfill (sewing tickets)
5) All of the above
Answers
Yes, all of the options mentioned are examples of non-tariff barriers that may appear in international trade:
1) Requiring a special sticker to be applied to an imported product: This can be considered a technical requirement imposed by the importing country, which adds an additional step and cost to the import process.
2) Slowing down Customs clearance processes: Deliberate delays in Customs clearance, such as prolonged inspections or administrative procedures, can act as non-tariff barriers, making it more difficult and time-consuming to import goods.
3) Multiplying the number of documents required for importing products: Imposing excessive documentation requirements can create administrative burdens and increase the complexity of the import process, acting as a non-tariff barrier.
4) Making documentation requests that are very difficult to fulfill (sewing tickets): Imposing impractical or unnecessary documentation requests, like the example of "sewing tickets," can hinder trade by creating unrealistic or burdensome requirements.
Therefore, option 5, "All of the above," is correct as all of these examples represent different forms of non-tariff barriers that can impede international trade.
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Determine the engineering management tools needed for designing an
engineering services delivery plan. The engineering management tools may include problem analysis and
decision-making, risk manageme
Answers
Engineering management tools for designing an engineering services delivery plan include problem analysis, decision-making, and risk management.
When designing an engineering services delivery plan, several engineering management tools are crucial. Firstly, problem analysis helps identify the key challenges and issues that need to be addressed in the plan. This involves gathering data, conducting assessments, and employing analytical techniques to understand the problem space.
Secondly, effective decision-making tools are necessary to evaluate various options and make informed choices. Decision matrices, cost-benefit analysis, and decision trees can aid in selecting the most appropriate strategies and actions.
Lastly, risk management tools are essential for identifying, assessing, and mitigating risks associated with the delivery plan. This includes risk identification techniques, such as SWOT analysis and failure mode and effects analysis (FMEA), as well as risk mitigation strategies like contingency planning and risk monitoring.
By utilizing these engineering management tools, organizations can develop comprehensive and effective engineering services delivery plans.
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Marcos has multiple duties at work. Sometimes, he has so many projects and deadlines that he
gets overwhelmed. Which action is the best first step toward getting organized?
A) Creating an action plan showing how he will complete each task
B) Making a list of all tasks and the date each is due
C) Completing the easiest tasks first and then focusing on the harder tasks
D) Asking his supervisor to help him prioritize the tasks on his to-do list
Answers
The action that is best for first step toward getting organized Making a list of all tasks and the date each is due.
Why should he make a list?A list contains all the work Marcos is to do in order of date due for submission which will help him to know which work is to be done first.
He can also have a timetable to help him plan each day and the time to allocate for a particular project.
Therefore, Making a list of all tasks and the date each is due.
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estimates of the marginal cost of daraprim are $100 for a 100 pill bottle. if turing pharmaceuticals charged $75,000 per bottle, what is the elasticity of demand that turing believed it faced?
Answers
The elasticity of demand that turing believed it faced is an inelastic demand.
What is elasticity of demand?
Elasticity of demand measures the sensitivity of the quantity demanded of a good to the price of the good. Demand can either have an elastic demand or an inelastic demand.
Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one. The price of daraprim is exceeds the marginal cost of production. The reason this would be so is that the company believes that consumers would have to purchase the medicine regardless of its price.
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Management, being representative of all the owners, is in the agency position of making decisions that are in the best interest of the firm's:
Answers
Answer:
shareholders
Explanation:
A company's mission statement typically addresses which of the following questions? What approach should we take to achieve sustainable competitive advantage? What objectives and level of performance do we want to achieve? Who are we? What do we do? and Why are we here? Where are we going and what should our strategy be?
Answers
A company's mission statement typically addresses the following questions:
Who are we? (Identity)
What do we do? (Core business)
Why are we here? (Purpose)
Where are we going and what should our strategy be? (Vision and strategic direction)
The mission statement provides a concise statement of the company's purpose and its reason for existence. It outlines the company's identity, core business activities, and its long-term goals and aspirations. The mission statement helps guide the company's strategic decisions and serves as a reference point for stakeholders to understand the company's values and objectives.
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Kurt bought a vacant lot in a development that was 85% completed. When he started working with the builder to lay out where the house and driveway would lie, it was determined that he would need an easement because his driveway would spill over onto the adjacent lot by a few feet. What type of easement is this?
Answers
Answer: Dominant estate
Explanation:
Based in the description given in the question, the type of easement is a dominant estate.
The dominant estate refers to the parcel of real property which has an easement over another property. The dominant estate receives the benefit from another owner which is referred to as the servient estate.
What happens to average product (AP) when marginal product (MP) is less than AP?a. AP rises b. AP falls c. AP remains constantd. None of these
Answers
When marginal product (MP) is less than the average product (AP), it means that the additional output produced by each additional unit of labor is less than the average output produced by all units of labor. This leads to a decrease in the average product. Therefore, the correct answer is (b) AP falls.
Example of when marginal product (MP) is less than APTo better understand this, consider the following scenario: If a company produces 100 units of output using 10 units of labor, the AP would be 10 units per worker.
If they add an 11th worker and produce 110 units of output, the MP of the 11th worker would be 10 units per worker. However, this is less than the AP of 10 units per worker, so the overall average product would decrease.
In summary, when MP is less than AP, it indicates that the additional output produced by each additional unit of labor is less than the average output produced by all units of labor, leading to a decrease in AP.
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what concept of scarcity refers to what idea
Answers
Answer:
D
Explanation:
people have limited resources to fufill their unlimited wants.
this one just sounded right to me.
sorry if this is wrong
how you can deal with competition in a business
Answers
I would defintley say try to make offers better than the competion even if you lose some money but ya gotta know that it will be worth it because people will recognize your store more than the other because you have daily offers (if you do em)
if monica is building computers under conditions of diminishing marginal returns, the marginal cost will:
Answers
If Monica is building computers under conditions of diminishing marginal returns, the marginal cost will eventually increase.
What is Diminishing marginal returns?Diminishing marginal returns means that as more units of a variable input (such as labor or raw materials) are added to a production process while holding other inputs constant, the marginal product of that input will eventually decrease. In the context of building computers, this means that as more workers are added to the production process, the marginal product of each additional worker will eventually decrease.
As the marginal product of each additional worker decreases, the cost of producing each additional computer will increase. This is because more resources (such as raw materials, equipment, and time) will be required to produce each additional unit of output.
Therefore, the marginal cost of producing each additional computer will eventually increase as diminishing marginal returns set in, which can make it more difficult and costly for Monica to continue to expand production beyond a certain point.
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i need help please..
Answers
Answer:
Changes in technology can affect the demand for different products or the demand for related products. It can increase the market for a product by increasing the demand for a new product and making an older product obsolete
Explanation:
When a firm discovers a new technology that allows it to produce at a lower cost, the supply curve will shift to the right as well. ... A technological improvement that reduces costs of production will shift supply to the right, causing a greater quantity to be produced at any given price.
Today, you loaned $500,000 at an interest rate of 4.25% per year. If the borrower makes 15 annual payments of equal amounts to repay the loan, what amount should you expect to receive from the borrower each year?
Answers
If you loaned $500,000 at an interest rate of 4.25% per year and the borrower makes 15 annual payments of equal amounts, you should expect to receive approximately $41,122.61 from the borrower each year.
To determine the annual payment amount, we can use the concept of an amortization schedule. The borrower will make 15 equal payments over the loan term, and each payment will consist of both principal and interest components.
To calculate the payment amount, we can use the formula for calculating the payment on an amortizing loan. By plugging in the loan amount ($500,000), the interest rate (4.25% per year), and the loan term (15 years), we can compute the annual payment amount.
The formula takes into account the interest rate, the loan amount, and the number of payment periods to calculate the payment amount that will evenly amortize the loan over the specified term.
Using financial calculations or formulas, the annual payment amount can be determined. In this case, the approximate annual payment amount would be around $41,122.61.
Therefore, you should expect to receive approximately $41,122.61 from the borrower each year to repay the loan over the 15-year period.
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Which of the following is NOT true about emergency funds?
a,They can keep you from borrowing money from friends and family.
b,They help remove the worry about expenses not in the budget.
c,They are used for anything listed on the budget.
d,They help you prepare for unexpected expenses.
Answers
Answer:
The answer is "They are used for anything listed on the budget."
The option that is NOT true about emergency funds is: c. They are used for anything listed on the budget.
What is emergency funds?Emergency funds are usually not used for things that are planned and included in the budget. Instead, emergency funds are money saved specifically for unexpected expenses that you didn't plan for in your usual budget.
The reason for having an emergency fund is to have money saved for unexpected things that might happen, like when someone gets hurt and needs to go to the hospital or when a car or home needs fixing. It can also help if someone loses their job or if something else happens that they didn't expect.
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if a group of private investors successfully borrowed a large sum of money and purchased the firm from its current owners, we would call this event a
Answers
The event is known as Leveraged buyout.
Leveraged buyout is used to describe a transaction where an organization is acquired by an individual or group of individuals, through debt gotten elsewhere.
In other word. when a company's acquires another company using a significant amount of borrowed money to meet the cost of acquisition, it is known as Leveraged buyout.In conclusion, when this group of private investors in the question successfully acquired the firm from its current owners with borrowed money, then the event is known as Leveraged buyout.
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PLEASE HELP ASAP!! CORRECT ANSWER ONLY PLEASE!!!
When measuring the return on an investment, the (annual, compounded, nominal, real) interest rate accounts for inflation, while the (annual, compounded, nominal, real) interest rate does not.
Answers
Answer:
Real
Explanation:
So, lets go over the basics of the differnt types of intrest rates.
There is nomial and real.
Nomial is the basic rate, which you can just think of as this:
For every 1% of a nomial rate that is 100 dollars, you get 1 dollar.
Real intrest rate is more complex, for it must factor in the inflation to this as well. This can be though of like this:
For every 5% of a real rate that is 100 dollars, if there is a 4% inflation, then you get 1 dollar.
Looking at your two answers, we can instantly say that:
When measuring the return on an investment, the real intrest rate accounts for inflation.
Now, the other question is basically the opposite, asking when measuring the return on an investment the ___ intrest rate does not account for inflation.
Well, we already have seen above that the nomial intrest rate is for more simple, and does not include the inflation.
So the answer to the second box is:
when measuring the return on an investment the nomial intrest rate does not account for inflation.
Answer:real
Explanation:
A company estimates that $1,000 of its accounts receivabie is uncollectible at the end of the period and wil make the following adjusting entry (Check all that apply). a No joumal entry is made under the aflowance method until specific accounts ard deterrined to be uncollectibie b Debit to Ead Debts Expense for $1,000
c Credit to Alowance for Doubtfut Accoints d Debit to Nllowanced for Dotibul Accounts
Answers
A company estimates that $1,000 of its accounts receivable is uncollectible at the end of the period and will make the following adjusting entry
Debit to Bad Debts Expense for $1,000Credit to Allowance for Doubtful AccountsAccounts receivable is a term used in business to refer to the money owed by customers or clients for goods or services that have been delivered but not yet paid for. It is a key component of a company's current assets and represents the amount of money that is expected to be collected from customers within a specific period of time, usually 30 to 90 days.
Businesses generate accounts receivable by selling products or services on credit or by invoicing clients for work completed. The amount owed by customers is recorded in the company's books as a receivable until it is paid. Managing accounts receivable is an important part of maintaining a healthy cash flow for a business. Companies must monitor and collect outstanding receivables to ensure that they have enough funds to pay their bills and operate effectively.
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What is the total amount of interest Shelby will pay for the car loan? How many more years will it take Shelby to pay off her loan?.
Answers
Based on the information given in the table, the amount of interest that will be paid is $2478.58.
From the complete question, it be be noted that the payment schedule for the first year is given as $7000.
Therefore, the first year interest payment for Shelby will be:
= $9478.58 - $7000
= $2478.58
Also, the number of years required to pay the loan will be 1 year.
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Answer:
What is the total amount of interest Shelby will pay for the car loan?
✔ $2478.58
How many more years will it take Shelby to pay off her loan?
✔ 1
Explanation:
An NMS stock is quoted at $30.50 Bid; $35.75 Ask. Which quotes can be accepted by an SRO for this stock?
I $30.55 Bid
II $30.555 Bid
III $30.65 Ask
IV $30.655 Ask
A. I and III
B. I and IV
C. II and III
D. II and IV
Answers
That would be Option A (I and III ). Regulations, Rule 612 Sub-penny quotes and orders cannot be recorded for NMS stocks.
What is SRO in stock market?Monetary terms By: s. All national securities and commodities exchanges, as well as the NASD, are self-regulatory organisations (SROs) that enforce fair, ethical, and effective procedures in the securities and commodity futures markets. SROs perform the role of a semi-regulator by keeping an eye on market activity to reduce fraud and wrongdoing.
To identify or dissuade trespassers on campus, the SRO maintains a very visible presence. SROs also assist the neighbourhood by handling issues like loitering, disregarding stop signs, and speeding in school zones. Reporting criminal law violations is the responsibility of SROs.
Dilution brought about by [SRO] reduces an existing stockholder's ownership stake in the firm.
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in terms of the community of stakeholders outside the organization, the faa is in boeing’s ______ environment.
Answers
In terms of the community of stakeholders outside the organization, the FAA is in boeing’s task environment.
What is the boeing’s task environment?Environmental sustainability, global & community engagement, and diversity & inclusion are the three main areas where Boeing Corporate Social Responsibility programs are focused on, which help in fostering social and environmental sustainability.
Therefore, in terms of the community of stakeholders outside the organization, the faa is in boeing’s task environment.
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Regina, a 25-year-old professional, wants to start an investment portfolio. What strategy may her financial advisor suggesta
A.Start a moderate portfolio and shift to high risk later in life.
in luce
B.Invest only in national companies.
C.Buy 100% international stocks.
D. Choose a high-risk portfolio now and change it, if needed, in the future.
Answers
Answer:
A.Start a moderate portfolio and shift to high risk later in life.
Explanation:
Investment portfolio may be defined as the financial investments done by one. It is the collection or ownership of various assets and stocks, bonds, real estates, cash, etc.
In the context, Regina who is 25 year old wishes to start an investment plan. For this her financial advisor may suggest her to start her investment in a moderate portfolio and then later may shift to a high risk portfolio. This is because Regina is young and is new to investment. She is not experience enough to invest in high risk portfolio. When she gains knowledge about investments in her life then she can properly plan her investment in order to achieve maximum profit.
Select the response that corrects the capitalization error in the sentence below. I live in Kentwood, louisiana. a. i b. kentwood c. Louisiana Please select the best answer from the choices provided A B C
Answers
Answer:
a) I
Explanation:
The letter I continues to be capitalized because it is the only single letter pronoun. Because the pronouns I and me have different uses, it's easy to distinguish between the two in terms of capitalization rules.
Insurance is an example of a(n)_______
A) fixed cost
B) opportunity cost
C) variable cost
D) none of the above
Answers
Answer:
Based on my research I believe that the answer is 'A. Fixed Cost'.
Explanation:
I hope this was helpful, have a blessed day.
ANSWER
Based on my research I believe that the answer is A- Fixed cost
Explanation
Fixed cost are those cost which are not output dependent .
Fixed cost are fixed till certain level of output.
Fixed cost per unit charges with output.
I hope this was helpful
when should an event programing be used
Answers
Answer:
The utilization of the given topic is summarized throughout the below section.
Explanation:
Event-driven programming language shall be used if the software doesn't somehow monitor the sequential order of such occurrence.The software circulation or activity was mostly directly guided to an external mechanism like a consumer or client (e.g. a GUI), a whole other method (e.g. a customer or a server).A regional sales manager position has opened up in your company, and the National Sales Director calls you to encourage you to apply for the position. The position would require significant international travel. Since you've recently adopted a child, the idea of international travel isn't appealing. According to _____ theory, you will not be motivated by the National Sales Director's suggestion.
Answers
Answer: test
Explanation:
In accordance with Maslow's theory, i will not be motivated by the National Sales Director's suggestion.
The Maslow theory is a psychological theory which explains the 5 needs that must be possess by individual's for proper motivation.
This hierarchy of needs is very to organizational theory because they helps to understand and induce human motivation.
Since the new position will not help me to fulfill my imminent need of taking proper care of my adopted child, then, the position will not be considered by me.
Therefore, in conclusion, the Option A is correct because i will not be motivated by the National Sales Director's suggestion according to Maslow's theory,
The missing options includes "a. the two-factor b. Maslow's c. equity d. Hawthorne's e. expectancy."
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how evade taxes pls tell me how to evade taxes i am only nine years old and need not pay taxes cause i hate taxes, taxes are for nerds
Answers
Answer:
you simply cease to do your legal documentation
Explanation
you dont have taxes until u have a job
When a company wants to design a new wireless headset it invited a group of interested users to comment on and try out various product prototypes during its design process. This is an example of what type of process?
Answers
Answer:
Testing process...?
Would have been better if given options...
This is an example of what type of process testing process.
What is the product testing process?
The four essential strategies of verification are Inspection, Demonstration, test, and evaluation. The four strategies are somewhat hierarchical in nature, as every verifies the necessities of a product or system with growing rigor.
Product trying out u.s. is a legitimate manner to get a risk to get a few virtually valuable merchandise totally free. but you want to be aware that it's far like a lottery – there is no guarantee you may get to test a product.
The Product trying out exercise gives consulting for automation engineering, solutions, and their validation; Interop and Certification for servers, switches, and storage; Infrastructure Validation and workload-based totally benchmarking for Datacenter provider providers.
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Rational decision-making ignores any consideration of:
A. opportunity costs.
B. monetary costs.
C. sunk costs.
Answers
Rational decision-making ignores any consideration of sunk costs which is option C.
Money that has already been spent and cannot be recouped is known as a sunk cost. The sunk cost phenomenon in business is an example of the notion that one must "spend money to make money." A sunk cost is distinct from potential future expenses a company can incur, such choices on the price of products or the cost of purchasing inventories. Sunk expenses are disregarded while making future business decisions since they won't change regardless of the choice made.
Money that has already been spent and cannot be recouped is referred to as a sunk cost. A manufacturing company, for instance, may have a variety of sunk expenses, including the cost of machinery, equipment, and facility leasing payments. A sell-or-process-further choice, which refers to things that may be sold as-is or can be processed further, excludes sunk costs.
Organisations should only take into account relevant expenses—including any future expenditures that still need to be incurred—when making business choices. The related expenses and the possible earnings of various options are compared.
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time is limeted
Which of the following steps should you take after attending a college fair?
A. Take a break from dealing with colleges for two weeks.
B. Call every college that was represented at the college fair.
C. Make a decision about which college to attend that night.
D. Continue to research colleges on your own.
Answers
Answer:
D
Explanation:
The steps that can be taken after the college fair is to continue researching colleges on your own. Therefore, Option D is correct.
What is research?Research can be defined as "creative and methodical activity done to improve the body of knowledge."
It entails gathering, organizing, and analyzing data in order to improve understanding of a subject or problem.
Therefore, The steps that can be taken after the college fair is to continue researching colleges on your own. Option D is correct.
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identify three features of an economic that is In the stage of ‘’economic growth’’
Answers
Answer: They include land (including natural resources), capital, and labor.
Explanation: