one shortcoming of real GDP as an indicator of society's social well-being is that it fails to take into account the:
Answers
One shortcoming of real GDP as an indicator of society's social well-being is that it fails to take into account the distribution of income and wealth among the population.
Real GDP measures the total value of goods and services produced in an economy, but it does not consider how that income is distributed among individuals or households. Therefore, it may not accurately reflect the overall well-being or standard of living of the entire population.
Real gross domestic product (GDP) is a measure of an economy's output of all products and services over the course of a year, adjusted for inflation. Base-year prices are used to express real GDP. It is also known as constant-dollar GDP, constant-price GDP, or GDP adjusted for inflation. Simply expressed, real GDP corrects for price fluctuations and estimates the overall economic production of a nation.
A cause is the reason something occurs. What took place was an effect. Consider a picnic you have scheduled on Sunday afternoon. But the weather suddenly changes, forcing you to postpone your outside activities.
The inclement weather in this instance was the cause, and the picnic's cancellation was the result.
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Related Questions
According to the video, what qualities do Carpenters need to have? Select three options.
math skills
physical strength
the abilty to work with their hands
language skills
leadership
the ability to motivate other people
the answers are:
1. Math skills
2. Physical strength
3. The ability to work with their hands
I just took the assignment on edge.
Answers
Answer:
what video? there is no video
Answer:
math skills
ability to work with their hand
physical strength
Explanation:
all applies to the besic capentry work
Ram said to me "Dont stand up" .(into indirect speech)
Answers
ram.asked me not to stand
Tyler's net income is approximately $40,000 annually. He has borrowed
$400,000 from the bank to buy a house (mortgage) and must pay 3% interest
each year. What is the cost of borrowing the money?*
Answers
Answer:
$400000 is the correct answer
what is public relations in commerce.
Answers
Explanation:
Public relations describes the various methods a company uses to disseminate messages about it's customers, employees, stockholders, suppliers or other interested members of the community.
how to write a table of content
Answers
The table of contents should include all of the front matter, primary material, and back matter, as well as the chapter titles, page numbers, and bibliography. A decent table of contents should be simple to read, correctly formatted, and finalized to ensure complete accuracy.
a matrix or grid of information with columns and rows. a table including a number of mathematical calculations.
After the title page, begin a new page.
List the document's headings in alphabetical order.
Include subheadings if necessary.
Give each heading a page number.
Place the information in a table.
the Table of Contents' title.
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what do the impressionist and expressionist composers have in common?
Answers
The main similarity between Impressionist and Expressionist composers is their departure from traditional tonality and exploration of new harmonic and tonal possibilities in their music.
Both Impressionist and Expressionist composers sought to break away from the conventions of the Romantic era and create music that expressed their inner emotions and subjective experiences. They often employed dissonance, unconventional chord progressions, and ambiguous tonal centers to convey a sense of emotional intensity or depict atmospheric and sensory impressions. While Impressionist composers like Claude Debussy and Maurice Ravel aimed to capture fleeting moods and sensory impressions through their music, Expressionist composers such as Arnold Schoenberg and Alban Berg sought to express the anguish, anxiety, and heightened emotional states of the human psyche. Overall, both movements challenged traditional musical norms and embraced innovation, pushing the boundaries of harmonic language and personal expression in their compositions.
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The purchasing power of peoples' income is most affected by what?
a.The rate of inflation
b.The trade deficit
c.The balance of payments
d.The value of foreign currency
Answers
Answer:
a.The rate of inflation
Explanation:
Inflation means rise in the consumer price index i.e. the weighted average of prices belong to the different kinds of goods. It could be measured by taking the difference of CPI and dividing it by the previous year CPI
The rate of inflation would be most impacted to the purchasing power of people income
Therefore the option a is correct
Next Saturday, best friend, Sol, and I will have separate acts in a citywide talent contest. But we've just made a _____ with each other that will help us from feeling jealous if one of us wins and one loses. We've decided that if one of us wins, that person will share the prize money with one another.
Answers
Answer:
truce
Explanation:
Here is the full question :
Next Saturday, my best friend. Sol and I will have separate acts in a citywide talent contest. But
we've just made a _____with each other that will help us from feeling jealous if one of us
wins and one loses. We've decided that if one of us wins that person will share the prize money
with the other one.
Which word BEST completes the sentence?
truce
alliance
treaty
pact
A truce is an agreement between people to stop fighting for a limited.
Sol and his best friend made an agreement that would stop them from fighting
A pact is an agreement between people
Answer:
Truce (that the correct one).
Explanation:
What should a manager be interested in when setting price strategies?
How does the theory of elasticity relate to it?
Explain on an example of different types of elasticities. Use a concrete example to explain the possibilities of using statistical research of the dependencies among quantitative variables (e.g. through correlation analysis or regression analysis).
Answers
- A manager should be interested in market demand, competition, and customer behavior when setting price strategies.
- The theory of elasticity helps assess the responsiveness of demand to price changes, while statistical research provides insights into quantitative relationships among variables, aiding pricing decisions.
Elasticity measures the responsiveness of demand or supply to changes in price. When setting price strategies, managers need to consider the price elasticity of demand, which indicates how sensitive consumers are to changes in price. If demand is elastic, a small change in price can have a significant impact on demand. In such cases, managers may consider implementing lower prices to attract more customers and increase market share.
On the other hand, if demand is inelastic, price changes have a minimal effect on demand, allowing managers to potentially increase prices without a significant decline in demand.
Let's consider an example of different types of elasticities. Suppose a manager is responsible for pricing a luxury car brand. The price elasticity of demand for this product is likely to be elastic, as luxury cars are often considered discretionary purchases. If the manager reduces the price by a certain percentage, the demand for the luxury cars may increase by a larger percentage. This elasticity knowledge can help the manager make informed decisions about pricing and maximize sales revenue.
Statistical research, such as correlation analysis or regression analysis, can provide valuable insights into the dependencies among quantitative variables. For example, a car manufacturer might conduct regression analysis to determine the relationship between the price of a vehicle and the quantity sold.
By analyzing historical data and identifying a strong positive correlation between price and quantity sold, the manager can estimate the impact of price changes on demand. This information can guide pricing decisions and assist in developing effective price strategies.
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Match the example with the type of individual difference and advantage it shows.
Answers
Answer:
Sergey likes to play soccer in his free time = Hobbies
Scott's parents moved from the U. S. to Australia = Background
Bihn wants to make enough money to send his children to school = goal
Yolanda us outgoing and able to make friends quickly = Ability
Cheyenne is currently working as a junior dance teacher in a big studio, to learn what she would need to know when she opens her own someday = experience
Melanie cares about fitness and the outdoors so she often participates in active outdoor activities like biking and mountain climbing = Lifestyle
Amandos favourite subject in school is world history = interest
large custom aircraft manufacturers normally use: multiple choice job order costing. process costing. simple costing. full costing. mixed costing.
Answers
large custom aircraft manufacturers typically use job order costing due to customized nature of their products and need for accurate cost tracking, allocation for each aircraft produced. This method enables pricing strategies, profitability , and overall business decision-making.
Job order costing is a method used when products are made-to-order or customized, rather than being mass-produced. It involves accumulating costs for each job separately and tracking the costs associated with individual projects. This allows manufacturers to accurately determine the cost of each aircraft produced, which is essential for pricing, profitability analysis, and effective decision-making.
In contrast, process costing is more appropriate for industries producing homogeneous products in large quantities, such as chemicals or food items. Simple, full, and mixed costing methods are not as applicable for large custom aircraft manufacturers, as they do not provide the detailed and accurate cost information needed for such complex and unique products.
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The supply and demand equations for a clothing product in a particular week are given by
p=0.7q+6 Supply Equation
p=-1.7q+18 Demand Equation
where p is the price in dollars and q is the quantity in hundreds
Find the equilibrium price and quantity.
Note:
The format of your answer for the price must be written as an integer with two decimals. Examples of this format is $8.35 or $4.00.
The format for the quantity must be written in only integer (in 100), for example 200 (not 2).
Answers
At the equilibrium point, the price for the clothing product settles at $9.50, while the corresponding quantity reaches 500 (in hundreds).
To find the equilibrium price and quantity, we need to set the supply equation equal to the demand equation and solve for the values of p and q.
0.7q + 6 = -1.7q + 18
Combining like terms, we have:
2.4q = 12
Dividing both sides by 2.4, we get:
q = 5
Substituting the value of q back into either the supply or demand equation, we can find the equilibrium price:
p = 0.7(5) + 6
p = 3.5 + 6
p = 9.5
Therefore, the equilibrium price is $9.50 and the equilibrium quantity is 500 (in hundreds).
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how many total credits would a student have to complete if they wanted to earn the distinguished level of achievement?
Answers
a product is said to have achieved brand preference when:
Answers
A product is said to have achieved brand preference when Consumers have a consistent and conscious preference for that brand over other similar brands.
Brand preference refers to the extent to which consumers prefer one particular brand over others in a given product category. When consumers consistently and consciously choose a specific brand over other similar brands, it indicates that the brand has achieved brand preference.
Brand preference can be influenced by various factors, such as brand reputation, quality, pricing, advertising, and customer service. Companies aim to build brand preference through effective branding strategies that create a positive image of their brand in the minds of consumers.
Achieving brand preference is important for building brand loyalty and increasing customer retention, which can ultimately lead to higher sales and profitability for the company.
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Sorting customers by their physical and social characteristics is called ______ segmentation.
Answers
Sorting customers by their physical and social characteristics is called demographic segmentation.
In economic and business, Demographic segmentation generally can be defined as a precise form of audience identification based on data points. The data point that usually used to precise form of audience are like age, gender, marital status, family size, income, education, race, occupation, nationality, and also religion. Each of variable or also criteria is called as a variable of demographic segmentation. Beside that, there are three main criteria of demographic segmentation, there are birth, migration, and aging.
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How do producers and consumers think similarly and differently about price?
Answers
Answer:
hsjshsbajakiaiauahabwj
Explanation:
jqbavsysuaiqjqnabahahai
What can be used to customize how the data is tracked in the Conversions
column
Answers
Answer:
The answer is "Include in Conversions setting".
Explanation:
It may or may not want to include information from a conversion action in your reporting row "Conversions." For each one of your transfer actions, you can set its configuration. So, how it can include some categories of conversions to not include others, therefore, it can use Conversions to change how well the data throughout the Conversions section is monitored.
The purpose of this category of interview questions is to obtain factual information about the interviewee.
a.
General information questions
b.
Behavioral questions
c.
Character questions
d.
Stress questions
Answers
Answer:
a
Explanation:
______ Is a market in which a large number of suppliers compete with each other to satisfy the needs and wants of a large numbers of consumers at a competitive price.???
Answers
Answer : Monopolistic competition
Answer:
Monopolistic Competition
Explanation:
In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.
Techniques to increase productivity in the performance of discrete tasks, by requiring less human labor in each step of the production process, are widely utilized. Consultants on productivity enhancement point out, however, that although these techniques achieve their specific goal, they are not without drawbacks. They often instill enough resentment in the workforce eventually to lead to a slowdown in the production process as a whole.
Which of the following can be reasonably inferred from the statements above?
A. Productivity enhancement techniques do not attain their intended purpose and should not be employed in the workplace.
B. The fact that productivity enhancement techniques are so widely employed has led to a decline in the ability of American businesses to compete abroad.
C. If productivity enhancement consultants continue to utilize these techniques, complete work stoppages will eventually result.
D. Ironically, an increase in the productivity of discrete tasks may result in a decrease in the productivity of the whole production process.
E. Production managers are dissatisfied with the efforts that productivity enhancement consultants have made to increase productivity.
Answers
The reasonably inferred from the statement can be if productivity enhancement consultants continue to utilize these techniques, complete work stoppages will eventually result. Thus, the correct option is (C).
Productivity tactics are ways that assist you get into productive flow states, allowing you to cut to quality with minimal effort. Most productivity tactics are based on behavioral science and are designed to take advantage of how your brain operates.
Capital productivity, material productivity, labor productivity, and total factor productivity are the four main forms of productivity measurements.
Productivity in the service industry may be measured by the number of jobs completed or clients serviced in a particular time period.
Other indicators include whether the service provided matched corporate or customer requirements and whether performance deadlines were fulfilled.
Therefore, the correct option is "C".
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Why is workplace diversity important for the success of the company?
Answers
A diverse workforce is more likely to understand your customers' needs and come up with ideas to fulfill them. Diversity in the workplace will also increase employee morale and instill a desire to be more effective and work more efficiently. This will greatly increase the productivity of your business.
John from sales has just sent you an e-mail. He needs a decision made on the Johnson account as soon as possible. You can make the decision, but you feel like you’d like to ask your boss for her advice. Unfortunately, she is in a business meeting, and the decision needs to be made very soon. You decide to take the initiative and ______.
a.
Interrupt your boss to make the decision
b.
Ask a coworker to make the decision
c.
Wait to make the decision
d.
Make the decision
Answers
Answer:
D. Make the decision
Explanation:
The decision needs to be made as soon as possible. Answers B and C both require extra time, which is not an option here. That leaves A and D as possibilities. Answer A makes the least sense of the 4 options (as it would be extremely unprofessional to interrupt a meeting), leaving D as the only reasonable choice.
When does a customer relationship being
A) when the customer complains
B) after several sales
C) before the first sale
D) when the customer fills out a survey
E) when the customer receives the merchandise
Answers
Hope it helps I remember doing a test on it and getting that right
Problem 1. You have just purchased a home by borrowing $400,000 for 30-years at a fixed APR of 3.87%. The loan payments are monthly and interest is compounded monthly.
a. What is the periodic interest rate? (I.e., what is the monthly interest rate?)
b. What is the effective annual rate on the loan? (I.e., what is the interest rate once we take into account compounding?)
c. What is the monthly mortgage payment?
(Hint: A mortgage is just an annuity where the borrowed amount is the present value of the annuity. So, use the annuity formula, but solved for the cash flow in terms of the present value:
CF =PV×R/k 1−(1+R/k)−T×k)
Answers
The periodic interest rate is 0.3225%, the effective annual rate on the loan is 30% and the monthly mortgage payment is $ 1879.80.
Amortization, the process of repaying a mortgage loan, is frequently structured so that monthly payments are required. The amortization schedule shows how the equal monthly payment is split between paying off the principal and paying off the interest.
We can involve the accompanying equation to figure the regularly scheduled installment for a credit with head P, month to month loan fee r and number of regularly scheduled installments T:
\(\frac{Pr}{1-(1+r)^{-T}}\)
In this inquiry, the credit sum is 400,000, month to month financing cost is:
3.87% / 12 = 0.3225%, and there are 30*12 = 360 monthly payments.
\(\frac{400,000*0.3225}{1-(1+0.3225)^{-360}}\)
= 1879.80.
A drawn-out credit meant to help you buy a house is called a home loan. In addition to repaying the principal, you must also pay the lender interest. The land surrounding the home serves as insurance. However, you need to know more than these generalities if you want to own a home. Businesses can benefit from this idea, particularly when it comes to fixed costs and shutdown points.
As a general rule, a 20% initial investment is attractive, for the most part since, supposing that your up front installment is under 20%, you are expected to take out confidential home loan protection (PMI), making your regularly scheduled installments higher. However, desirable is not always attainable. There are mortgage programs that allow for much lower down payments, but if you can afford to put down 20%, you should definitely do so.
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At the parade yesterday, Kimi sold 24 pink lemonades and 16 iced teas from her food cart. She charged $1.75 more for pink lemonade than for iced tea, and her total sales were $90.
Select the system of equations that represents this situation. Let p represent the price of pink lemonade, and let t represent the price of iced tea..
Answers
Answer:
hi
Explanation:
hi
Kimi sold 24 pink lemonades and 16 iced teas from her food cart. She charged $1.75 more for pink lemonade than for iced tea, and her total sales were $90.The system of equations that represents this situation will be 90=24(t+1.75t)+16(t), where t= price of iced tea.
What is food?A food is a substance that basically consists the essentials which are needed for survival of a living being like protein, carbohydrate, fat, and other nutrients.
The food or the nutrients is used by the body of an organism to sustain growth and for doing vital processes and to give energy to work. The absorption and utilization of food by the body is important for nutrition and is facilitated by digestion.
The autotrophs or green plants, which convert solar energy to food by the process of photosynthesis, are the main primary source of food for most of the living beings in the earth.
The food is ingested by an organism and assimilated by the organism's cells to provide energy, maintain life, or stimulate growth.
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________ involves highly trained employees known as Champions, Master Black Belts, Black Belts, and Green Belts.
Answers
Champions, Master Black Belts, Black Belts, and Green Belts are highly trained employees required in six sigma.
What is Six sigma?
Six Sigma is a tool of management and procedures aimed at increasing the capabilities of a business process by lowering the risk of error. Six sigma is a data strategy to defect elimination, failure reduction, and enhancement of the profitability that employs a statistical technique.
Six sigma basically works on some main principles which include focusing on the customer as the customer is considered the king of the market. It helps to identify the areas of problems and wastage of resources and helps to improvise them.
It works on the resolution of issues once the issue gets identified in real-time to avoid any differences in the result and eliminates the elements which decrease customer value.
The concept of six sigma is introduced to bring change in the system through innovation and technology.It encourages flexibility in working by efficient techniques and optimum utilization of resources.
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CAN SOMEONE WITH SOME BUSINESS KNOWLEDGE HELP ME PLEASE!
The main business functions and their roles.
Review questions
1. Which business function is concerned with ensuring that products are produced to meet the quality standards expected by customers?
2. Name the business function involved in developing and selling products that meet customer needs.
3. Which sector is involved in making sure that the company has the employees it needs to run its operations?
4. Which business function is responsible for ensuring that the company has the funds it needs to carry out its operations?
5. Which business department is responsible for ensuring that employees are adequately compensated (salary-wage)?
6. Name the business function that must ensure that the correct quantity of a good or service is produced.
7. Which sector is responsible for researching and determining the wants and needs of different groups of consumers?
8. The management of the company wants to provide an extra benefit to its employees, other than a salary increase, for example, offering cafeteria and/or cafeteria service. What type of information should be consulted with each sector (HR, OPERATIONS, FINANCE AND MARKETING)?
THANK YOU FOR AT LEAST READING IT
Answers
Answer:
marketing is the business functions involved in developing and selling products that meet customer's need.
Product-Costing Accuracy, Consumption Ratios
Plata Company produces two products: a mostly handcrafted soft leather briefcase sold under the label Maletin Elegant and a leather briefcase produced largely through automation and sold under the label Maletin Fina. The two products use two overhead activities, with the following costs:
Setting up equipment $3,000
Machining 18,000
The controller has collected the expected annual prime costs for each briefcase, the machine hours, the setup hours, and the expected production.
Elegant Fina
Direct labor $9,000 $3,000
Direct materials $3,000 $3,000
Units 3,000 3,000
Machine hours 500 4,500
Setup hours 100 100
Required:
Calculate the overhead cost per unit for each briefcase by using a plantwide rate based on direct labor costs. Round rates to the nearest cent.
Answers
The overhead cost per unit for each briefcase can be calculated by using a plantwide rate based on direct labor costs.
To calculate this rate, the total overhead costs (Setting up equipment and Machining) must be divided by the total direct labor costs for both products. In this case, the total overhead costs is $21,000 and the total direct labor costs is $12,000. Thus, the plantwide rate is $1.75 per direct labor cost.
This rate can then be applied to the direct labor costs for each briefcase to calculate the overhead costs. For Maletin Elegant, the overhead cost per unit would be $4.75 ($9,000 x $1.75) and for Maletin Fina, the overhead cost per unit would be $1.75 ($3,000 x $1.75).
Thus, the overhead cost per unit for each briefcase can be accurately determined using a plantwide rate based on direct labor costs.
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Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).
Answers
It can be seen from the solutions given that Cain's net income is $24,000.
Here is the solution:Net income = Net cash provided by operating activities - Adjustments
= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000
= $24,000
Therefore, Cain's net income is $24,000.
Here is a breakdown of the adjustments:
To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.
A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.
The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.
A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.
A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.
A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.
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the principal of a mortgage loan is the
a. down payment minus the closing costs minus the purchase price
b. purchase price plus the closing costs minus the down payment
c. down payment plus the closing costs plus the down payment
d. purchase price minus the closing costs minus the down payment
Answers
The down payment less the closing charges less the purchase price is the mortgage loan's principle.
What does a mortgage look like in its simplest form?When you enter into a mortgage with a lender, you give the lender the right to seize the property if they are unable to make the loan amount back plus the interest. You might be able to get a mortgage loan that will enable you buy a new house using the worth of the an existing home as security.
Why do individuals use mortgages?Mortgage loans assist people in financing the purchase of real estate by taking a small portion of the property's overall worth as payment. How Do Mortgages Work A mortgage is a loan used to pay for the upkeep of a home, piece of land, or other kinds of rental properties.
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