If the demand for automobile tires is highly inelastic and that the supply is highly elastic, then the burden of a $2 excise tax on each tire will be :c) borne primarily by buyers of tires.
What is the reason?The demand for automobile tires is unitary elastic and so is the supply. An excise tax of $2 on each tire will increase the price of each tire by $2 (assume all other factors to be constant).Since the demand is unitary elastic, the percentage change in the quantity demanded is equal to the percentage change in the price. So, the amount of the increase in price will be shared equally between the buyers and sellers. Now, since the supply is unitary elastic, the percentage change in the quantity supplied is equal to the percentage change in the price. This means that the sellers will be able to pass on the entire tax amount of $2 to the buyers as an increase in the price of the tires.Thus, it can be concluded that the burden of a $2 excise tax on each tire will be borne primarily by buyers of tires.Hence, option c. is correct.
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What type of degree can you earn from a community college?
A. A Ph.D.
B. A master's degree
C. A bachelor's degree
D. An associate's degree
Answer:
associate's degree
Explanation:
most community colleges offer an associate's ddgree
Answer:
D
Hope I helped
Classifying assets liabilities and owners equity
1. Cash
2. Alice Jones, Capital
3. Prepaid insurance
4. Steward supply company (a creditor)
5. Supplies
6. Any amount owed
7. Owners capitol account
8. Anything owned
How has Chinese economic growth benefited the Australian economy?
Answer:
First, rising wages and consumer demand will increase demand for more sophisticated manufactured goods (where Australia has some niches of excellence, for example, in medical devices) and for services such as tourism (where China is already an important market).
( I found this on a website called Aph.gov.au
full credit to them and their work. Check them out for more info on your topic)
Robyn is a keen football follower. Each weekend she loves nothing better than
watching the National Rugby League (NRL) games, especially the Newcastie Knights. Every Friday afternoon before the Friday evening games, Robyn places a bet of $50
on the NRL games for the weekend. During the 2022 income year, Robyn won a total of 7 times. However, the winnings
were reasonably small that they barely covered the amount she bet. However, in the last week of the 2021 season (before the finals), Robyn took a multibet that ended up proving to be a massive winner for her. She ended up winning $31,185 for that particular bet. Her overall winnings for the 2022 income year (including the
$31.185 bet) totalled $34.584.
During the 2022 income year, Robyn placed a $50 bet on NRL games every Friday before the weekend games.
She won a total of 7 times, but her winnings were relatively small and barely covered the amount she bet. However, in the last week of the 2021 season, she took a multibet that turned out to be a significant win. She won $31,185 from that particular bet, contributing significantly to her overall winnings for the 2022 income year. In total, Robyn's winnings for the year amounted to $34,584, including the substantial win from the multibet. Despite the majority of her individual bets resulting in smaller wins, the large payout from the multibet made a significant impact on her total winnings.
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Market failure associated with the free-rider problem is a result of.
Market failure associated with the free-rider problem is a result of benefits that accrue to those who don't pay.
What is market failure?Market failure refers to a situation when there's an inefficient distribution of resources in the market.
Market failure occurs when the free market does not distribute resources efficiently. This leads to rational outcomes for the group as a whole.
Hence, market failure associated with the free-rider problem is a result of benefits that accrue to those who don't pay.
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5 creative ideas that have changed how we live
Answer:
talent without Hard work is nothing
don't waste time
believe in yourself never lose hope and dream big and chase them
work hard now and be proud later
sometime doing smart work with hard work is really important
never judge anyone coz. you never know a person's suffering ......
always be kind but never lose your self respect for anyone you love coz. if that person really loves you than he/she never make a thing that much big that affects your self respect or make you depress
be consistent maintain your time properly and complete your daily to daily tasks and think positive which develops confidence in you
don't run on towards the different different peeples to find love just improve yourself day by day and one day you automatically will have the person whom deserves you .....
respect elders especially parents and teachers and listen to them
don't hurt somebody just went away from the place you don't like
and eat healthy stay happy be confidence accept your faults and flaws and try to improve them never think what others says just do what you want the people will gonna demotivate you and taunt you but will also come to you when they need at the time when you will get success
Also, try to wake up early and be the part of humanity
THERE ARE SO MANY THINGS AND I AM TIRED OF WRITING NOW BUT YA I HOPE ITS HELP YOU TO BRINGS IMPROVEMENT IN YOUR LIFE ........
Marcel wants to open a car wash after graduating from high school. For several days, he observed the cars being washed at a local car wash and recorded the following information: Day 1 Day 2 Day 3 Day 4 Day 5 Day 6 50 cars 45 cars 48 cars 26 cars 47 cars 55 cars What is the average number of cars washed each day? If the car wash were open only five days a week, how many cars might be washed per year? (Hint: There are 52 weeks in a year.)
The average number of cars washed each day is 45 cars and the total number of cars washed in a year is 11,700.
What is mean?In statistics, in addition to the mode and median, the mean is one of the measures of central tendency. Simply put, the mean is the average of the values in the given set. It indicates that values in a particular data set are distributed equally. The three most frequently employed measures of central tendency are the mean, median, and mode. The total values provided in a datasheet must be added, and the sum must be divided by the total number of values in order to determine the mean.
Given a table for car washing each day,
Day 1 Day 2 Day 3 Day 4 Day 5 Day 6
50 45 48 26 47 55
Average for cars washed each day,
Average = sum of cars washed/number of days
sum of cars washed = 50 + 45 + 48 +26 + 47 + 55
the sum of cars washed = 271
total days = 6
average = 271/6 = 45.1667
average car washed each day = 45
If the car wash were open only five days a week, how many cars might be washed per year,
total car washed in year = (number of days)(average car washed)(year week)
total car washed in year = 5 x 45 x 52
total car washed in year = 11,700
Hence average car washed each day is 45 and the total car washed in a year is 11,700.
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6.1.2 Exam
Which of these is a nonstore retailer?
A. Nail Salon
B. Supermarket
C. Coffee Shop
D. Catalog
Answer:
d
Explanation:
Selling products and services outside of a physical store is known as non-store retailing. Catalog is a nonstore retailer. Thus, option 'D' is the correct option.
What is a nonstore retailer?Selling products and services outside of a physical store is known as non-store retailing. It is a general phrase used to describe retailing that occurs outside of stores and shops (that is, off the premises of fixed retail locations and of market stands). Direct selling (off-premises sales) and distance selling, the latter of which includes all types of internet commerce, can be classified as the non-store distribution channel. Mail orders, catalog sales, telephone cold calling, and automated vending all fall under the category of distance selling.
Electronic commerce encompasses online shopping, internet trading platforms, travel portals, worldwide distribution networks and teleshopping. All types of selling at consumers' homes, businesses, and even garage sales are considered direct selling. Non-store retailing, commonly known as home shopping or online shopping, constantly experiences double-digit growth.
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Why is it important for public corporations to comply with audits
Answer:
Explanation:
Accounting and auditing professionals serve an absolutely vital role in our capital markets. Transparent, informative and accurate financial reporting are the lifeblood of the capital markets and are essential for investors to make informed decisions as to how to allocate their capital.
which of the following are true about a buyer persona? select all that apply.
A buyer persona is a fictional representation of a company's ideal customer based on market research and real data.
A buyer persona is a tool used in marketing to understand and identify the needs, preferences, behaviors, and goals of a company's target audience.
It is created based on information gathered from market research, surveys, and interviews with real customers.
The persona is used to guide marketing strategies and tactics to effectively reach and engage with the target audience.
Summary: A buyer persona is a fictional representation of a company's ideal customer based on market research and real data. It is used to guide marketing strategies and tactics to effectively reach and engage with the target audience.
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They have fixed costs of £200 per month Each item's raw materials cost £50 The items sell for £150 each
What is the Break Even Point for the business?
Answer:
2 unit
Explanation:
The break-even point is that point at which a business makes no profit after settling all the necessary fixed cost for the period. It is the point preceding profit making at which costs are recovered
It is calculated by dividing the fixed costs with the sales revenue less the variable cost per unit of an item.
Workings
Fixed cost = 200
Selling price = 150
Variable cost = 50
Break even point = 200/(150-50)
=2 units
Any sales below this ends up in a loss as the fixed cost will not be fully recovered.
The idea that some basic businesses such as steel mills, coal mines and utilities, should be owned and controlled by the government is indicative of a
People often set up business for themselves. The idea that some basic businesses such as steel mills, coal mines and utilities, should be owned and controlled by the government is indicative of socialism.
What is socialismThis is known as an economic system that is based on the foundation that some, if not all, simple or basic businesses e.g. steel mills, coat mines, and utilities should be the property of the government.
They believed that the profits from these business can be said to be evenly distrusted among the people but when they are in the hands of the government, it can be well used.
Brain Drain
The loss of the best and bright
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One disadvantage of a corporation is:
Answer:
The disadvantages of a corporation are as follows: Double taxation. Depending on the type of corporation, it may pay taxes on its income, after which shareholders pay taxes on any dividends received, so income can be taxed twice. Excessive tax filings.
business groups, labor unions, trade associations, and other such groups are examples of what kind of interest groups?
Business groups, labor unions, trade associations, and other such groups are examples of Economic interest groups.
What do you mean by the Economic interest group?Any association of people or organizations, usually formally organized, that seeks to influence public policy on the basis of one or more shared concerns is known as an interest group, also known as a special interest group, advocacy group, or pressure group.
The most prevalent kind of interest group are economic groups, which aim to provide their members with some sort of financial advantage.
Economic interest groups are numerous and strong because money has a significant influence in capitalist societies.
Therefore, the Business groups, labor unions, trade associations, and other such groups are examples of Economic interest groups.
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True or false :Equifax experian and transunion are legally obligated to provide identical information
It should be noted that Equifax experian and transunion are legally obligated to provide identical information.
What is Experian and Equifax?Experian and Equifax serves as a credit bureaus in the U.S that collect and research credit information.
They help individuals to rate the overall ability to pay back a debt.
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Who amongst the following develops or hones technical skill in a company or industry?
8 letter word
Based on business strategies and operations, the person that develops or hones technical skills in a company or industry is a "Producer."
This is because a Producer is an individual responsible for providing the financial and managerial elements in the production process.
A Producer may not have the technical skills in production and business management at the beginning of the business.
However, as the business continues to grow, the producer also improves his technical skills by understanding and experiencing the dynamics of production and the industry.
Hence, in this case, it is concluded that the correct answer is "Producer."
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Which of the following projects is most likely be used in STEM education to learn technology concepts?
test different sandbag materials that can help prevent flooding
investigate search engine criteria to improve search results
O analyze cleaning products to determine which ones are eco-friendly
conduct a scavenger hunt to see who can find the most geometric shapes
Answer:
investigate search engine criteria to improve search resultsExplanation:
Remember, the application of STEM implies using the knowledge found in the field of science, technology, engineering, and mathematics to carry out projects.
Since the focus is on learning technology concepts, the most likely, that is, the project that is closest to technology is investigating search engine criteria to improve search results.
The answer is:
A) investigate search engine criteria to improve search resultsWrite any two features of RTGS.
Features of RTGS Transaction
Realtime online fund transfer.
Used for high value transactions.
Safe and secure.
Reliable and backed by RBI.
Immediate clearing.
Funds credited on a one-on-one basis.
Transactions executed on an individual and gross basis.
explain economics in your own words
The typical full-service restaurant uses a product-focused process.
Service blueprinting is a process analysis technique that focuses on the customer and the provider's interaction with the customer.
How are customers and consumers different from one another?Although they might not be the final users, customers always buy goods or services. Although they might not have paid for it, consumers are always the ones who use a good or service in the end. When a customer buys something and uses it themselves, they are considered a consumer.
The customer is always right, right?Additionally, simply asserting that the customer is always correct does not constitute truth. Employees need to be taught to deal with these difficult situations when clients make mistakes. Setting your team up for failure by taking on a problem that the company isn't responsible for can result in even higher than necessary expectations.
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Please help me 50 WORDS MINIMUM, read the post of my classmates. Reply to one of your classmates, and compare your results. How similar or different was your identification of the main ethical/moral issue? Did you reach a similar decision, or was your decision different from your classmate's? How did your opinion of the critical thinking process compare with your classmate's? After having read your classmate's summary, what might you do differently next time?
MY POST:
Identification:
The main ethical issue is:
What should the person named in the case do about giving out free samples to customers at a grocery store?
Decision:
The Most ethical resolution for Anthony is to report Mario's action to his supervisor or the Peloni family. This decision is morally justified because it upholds the responsibility of employees to follow company policies and ensure the grocery store maintains its integrity and ethical standards. The Peloni family implemented the policy against giving free samples for a reason, and disregarding this policy could potentially harm the business by diminishing the value of the products and potentially creating a negative customer experience. Determining net utility and applying universality and respect for persons also informed the decision. Ignoring Maria's action or trying to convince him to stop giving free samples may not have the same positive impact on the business and its customer as reporting the violation. Additionally, if Anthony were to talk to the Peloni family about the policy and potential benefits of offering free samples, it could potentially compromise the integrity of the business and be seen as an attempt to justify violating company policy.
Reflection:
The critical thinking process is a systematic and logical approach to problem-solving that involves several steps, including identifying the issue, gathering and analyzing information, evaluating options, and making a decision. As a person, critical thinking is useful to utilize this process in order to provide the most accurate and relevant responses to questions. Personally, find that the critical thinking process is an invaluable tool in both my personal and professional life. It has taught me to approach problems in a more organized and methodical manner, which has allowed me to make more informed and effective decisions. Additionally, by applying critical thinking to everyday situations, am better able to identify biases and assumptions and to evaluate arguments and evidence. Ultimately, the critical thinking process has enabled me to become a more analytical and logical thinker and has provided me with a framework for making better decisions in all areas of my life.
Answer:
I agree with your identification of the main ethical issue, which is whether or not to report the violation of the company policy on giving out free samples to customers. Your decision to report Mario's actions to the supervisor or the Peloni family is similar to mine, as it upholds the company policies and ethical standards, and ensures that the customers are getting the right value for the products.
I also appreciate your reflection on the critical thinking process and how it has helped you become a better decision-maker. I share the same opinion that the critical thinking process is an invaluable tool that helps us approach problems in a more organized and methodical manner. By evaluating arguments and evidence, we can make informed decisions that are not based on biases and assumptions.
After reading your summary, I think that I could have included a bit more detail in my response, especially when it comes to explaining why reporting Mario's actions is the most ethical resolution. I appreciate the additional information that you provided in your response, which helped me understand the situation better.
Explanation:
3. If GDP is $10 million, consumer spending is $5million, Government is $3 milion, net exports is 1 million, how much is investment? A. $ 0 million B. $ 1 million C. $ 2 million D. $ 3 million
If real gdp in a small country in 2019 is $8 billion and real gdp in the same country in 2020 is $8.3 billion, the growth rate of real gdp between 2019 and 2020 is:______
Therefore, the growth rate of real GDP between 2019 and 2020 is 3.75%.
The growth rate of real GDP between 2019 and 2020 can be calculated using the formula:
Growth Rate = ((GDP in 2020 - GDP in 2019) / GDP in 2019) * 100
In this case, the GDP in 2019 is $8 billion and the GDP in 2020 is $8.3 billion.
Using the formula:
Growth Rate = (($8.3 billion - $8 billion) / $8 billion) * 100
Simplifying this expression:
Growth Rate = ($0.3 billion / $8 billion) * 100
Calculating the growth rate:
Growth Rate = 0.0375 * 100
Growth Rate = 3.75%
Therefore, the growth rate of real GDP between 2019 and 2020 is 3.75%.
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Patterson brothers recently reported an EBITDA of $7. 5 million and a net income of $2. 1 million. It had $2. 0 million of interest expense and its corporate tax rate was 30%. What was its charge for depreciation and amorization?
The charge for depreciation and amortization is $1.9 million. if the corporate tax rate was 30% for $2. 0 million of interest expense.
The given data is as follows:
EBITDA report = $7. 5 million
Net income = $2. 1 million.
corporate tax rate = 30%.
interest expense = $2 million
EBITDA allows investors to consider organizational profit after costs in light of options made about financing, tax planning, and discretionary devaluation programs.
The charge for depreciation and amortization is calculated by subtracting EBITDA from Less Interest expense and the product of the corporate tax rate. Mathematically,
The charge for depreciation = ( EBITDA - interest expense ) x corporate tax rate
The charge for depreciation = ( $7. 5 million - 2 million ) x 30%
The charge for depreciation = $1.9 million.
Therefore we can conclude that the charge for depreciation and amortization is $1.9 million.
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What is the volume hydrogen sulfide of 94. 6 mol H₂S at STP
Therefore, the volume of 94.6 moles of hydrogen sulfide at STP is approximately 2,235 liters.
To calculate the volume of hydrogen sulfide (H₂S) at STP (Standard Temperature and Pressure), we need to use the ideal gas law equation:
PV = nRT
Where:
P = pressure (in atm)
V = volume (in liters)
n = number of moles
R = ideal gas constant (0.0821 L·atm/mol·K)
T = temperature (in Kelvin)
At STP, the temperature is 273.15 Kelvin and the pressure is 1 atmosphere. Given that we have 94.6 moles of H₂S, we can calculate the volume using the ideal gas law.
V = (nRT) / P
V = (94.6 mol) * (0.0821 L·atm/mol·K) * (273.15 K) / (1 atm)
Calculating the expression, we find:
V ≈ 2,235 liters
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An Agency Relationship Can Arise By Ratification, Which Involves A Determination Of Intent Expressed By Words Or Conduct. - True - False
True, An Agency Relationship Can Arise By Ratification, Which Involves A Determination Of Intent Expressed By Words Or Conduct
An agency relationship is created when one person (the principal) gives another (the agent) the authority to act on his behalf while the agent is under the principal's supervision and the agent agrees to do so. When the principal authorizes an act that can be carried out on his behalf by an agent who in actuality lacked the necessary authorization, the act can only be carried out by adhering to the ratification process. Ratification only creates an agency relationship between the principal and the agent. A person who ratifies an act performed by another person must have existed at the time the act was performed and at the moment of ratification. They must also be legally capable of performing the act themselves.
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Which of the following is a reason that your company might not want to increase its market share?
A.
The market saturation for your product is low.
B.
Many of your company's competitors have bad reputations.
C.
Your company has a limited capacity for producing your product.
D.
The price of your product is very competitive.
Answer:
C: Your company has a limited capacity for producing your product.
Explanation:
hope this helps!
Why is competition good for the consumer in a free enterprise system?
The competition in a free enterprise system is good for consumer because it allows consumer to have the ultimate voice in the economy, starting from the ultimte pices of goods, types of products needed, and whether a product is a success or a fail.
Free enterprise sytem or free market refers to an economy where the government role in the market and its intervention are limited almost to none. The government has almost zero control to the economy and allows the market to determine the products and prices.
Free enterprise system is not regulated by the government but by a set of legal rules, such as property rights, contracts, and competitive bidding. Free enterprise system beliefs that the government intervention would hinder the economy growth. Free enterprise system tends to result in capitalism.
Free enteprise system allows more freedom and aims for higher market efficiency from lower taxes and regulation. Free enterprise system ensures consumer rights and financial security and stability. Free enterprises system provides greater economic opportunities with lower entry and exit barrier to the economy. However free enterprise system might be more vulnerable to several economic crisis with no intervention from the government.
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Answer:
B
Explanation:
Sonia has often thought of going into business for herself. She has had a lot of great ideas.
They must have been great, she thinks, because other people have made a lot of money with
similar concepts. Sonia just never seems to get started on putting her ideas to work.
What should Sonia do if she wants to turn her ideas into reality? What entrepreneurial
characteristic does she need to develop? Why is it important to all entrepreneurs?
Answer:
needs to make a business plan . it is important to all entrepreneurs because it helps them plan out their future for thier buisness like their customers and if they will go into debt
Sonia should start by laying out a plan for her business. Planning is important as it is a detailed document outlining a company's objectives and how it intends to achieve them.
What are entrepreneurial characteristic ?The four key characteristics: vision, passion, adaptability .
Vision- Innovation cannot occur without vision, the ability to not only recognize opportunity and connect dots, but also to question why a solution to a problem does not exist.Enthusiasm- Entrepreneurs are incredibly passionate and mission-driven. They have an unshakeable sense of purpose and an innate ability to lead from the heart. Adaptability- Adaptability is required of entrepreneurs. We live in a highly dynamic world where economic and other conditions change very quickly and are generally beyond our control.To learn more about entrepreneurial characteristic
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Define I1 as an interaction variable created from two binary variables, D1 and D2. In a regression model containing only the variables D1, D2 and I1:a. The coefficient on I1 is the effect of D2 on Y, holding all other independent variables constant.b. The constant coefficient is the average value of Y.c. The coefficient on I1 is the Y intercept term of the regression in the case that D1 and D2 both equal 1.d. The constant coefficient is the average value of Y when D1 and D2 are both zero.
In a regression model containing only the variables D1, D2, and I1, while I1 is an interaction variable created from 2 binary variables, D1 and D2.
Let's discuss it further below.
a. The coefficient on I1 represents the additional effect of D2 on Y when D1 is also equal to 1, holding all other independent variables constant.
b. The constant coefficient is the average value of Y when both D1 and D2 are equal to zero.
c. The coefficient on I1 is not the Y-intercept term of the regression; instead, it represents the additional effect on Y when both D1 and D2 are equal to 1.
d. The constant coefficient is indeed the average value of Y when both D1 and D2 are equal to zero.
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