QUESTION 3 There are two firms in an industry, Firm A and Firm B. Iffirm A and firm B both advertise, they each will earn $5 million in profits. If neither firm advertises, they will each earn $10 million in profits. However, if one firm advertises and the other does not, the firm that advertises will earn $15 million and the non-advertising firm will earn $1 million. List all dominant strategies to this game? Firm A advertises Firm A does not advertise Firm B advertises Firm B does not advertise There are no dominant strategies in this game QUESTION 4 List all dominant stragies in the game shown below Player 2 Left Right Player 1 Up P1: $12 P2: $45 P1: $15 P2: $10 P1:50 P2: $0 P1: $35 P2: $35 Down Up is a dominant strategy for player 1 Down is a dominant strategy for player 1 Left is a dominant strategy for player 2 Right is a dominant strategy for player 2 There are no dominant strategies in this game

Answer:

Money

Explanation:

The expected result of farming would be to make money, account management would help the most in making money. With account management, you can see how well your farm is producing money which in turn can tell you if you are growing quality crops or a crop that your clients want the most.

Answer:

It is important to appreciate the fact that modern business management principles can assist the farmer or farm manager, no matter how small his farm may be and however meager his capital. This is because of the two major tasks facing today’s farm managers.

Explanation:

Importance of agriculture in the Food supply Agriculture is the world’s leading source of food items. All the food substances that are essential viz. Agriculture produces vegetables, proteins, and oils. The carbohydrates provide all living beings with energy.

Self-assured and endearing are traits of charismatic leaders.

Transformative leaders solicit supporters with ideas.

Leadership is crucial because it encourages, inspires, and sets an example for others to make the country a safer place. Managers include a vision, offer a course of action, and cultivate a close bond with her followers.

The primary driver that separates the two is that, whereas charisma is centered on the leader, Transformative performance is constructed around like ideas and typically incorporates involvement from the current roster, not only the leader.

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Answer:

Although both involve consumers, Marketing research is concerned specifically about marketing processes, such as advertising effectiveness and salesforce effectiveness, while market research is concerned specifically with markets and distribution.

Explanation:

Answer and Explanation:

The computation of the equilibrium wages and the number of workers in each industry is as follows:

Since the supply of labor is 6,000

As per the attached graph, the common rate is $8 per hour so if we take 2000 workers in industry A and 4000 workers in industry b  

So, the equilibrium wage would be $8

Hence, the same would be considered and relevant too

interaction of supply and demand

Answer:

the farm would face trade offs in production of apples or oranges

Explanation:

i have a brain and I used it

To accurately assess the role of state-directed economic development strategies at the turn of the twenty-first century, it would be helpful to have the specific statements to choose from. However, I can provide a general understanding of the role of state-directed economic development strategies during that period.

At the turn of the twenty-first century, state-directed economic development strategies varied across different countries and regions. Some statements that may best reflect their role include:

1. Governments played an active role in promoting economic growth and development: Many governments implemented policies and initiatives aimed at fostering economic growth, attracting investment, and creating employment opportunities. These strategies often involved direct government intervention and support for specific industries or sectors.

2. Emphasis on attracting foreign direct investment (FDI): Governments focused on attracting FDI by offering incentives such as tax breaks, infrastructure development, streamlined regulations, and investment promotion agencies. They aimed to create favorable conditions for foreign companies to invest and establish operations within their borders.

3. Promotion of innovation and technology: Governments recognized the importance of innovation and technology in driving economic competitiveness. They implemented policies to support research and development, foster collaboration between academia and industry, and create an environment conducive to innovation and technological advancements.

4. Regional economic integration and trade agreements: Governments sought to enhance regional economic integration through trade agreements and economic blocs. Examples include the European Union, ASEAN, and Mercosur. These agreements aimed to facilitate trade, investment, and economic cooperation among member countries.

5. Sustainable development and environmental considerations: Increasingly, governments incorporated sustainable development principles and environmental considerations into their economic development strategies. They recognized the importance of balancing economic growth with environmental protection, resource conservation, and social well-being.

It is important to note that the specific role and effectiveness of state-directed economic development strategies can vary depending on the country's political and economic context, policy implementation, and other external factors.

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Hindering Domestic Investment Foreign direct investment can hamper domestic investment. Due to foreign direct investment, local companies in each country are losing interest in investing in domestic products.

Risk of Political Change Political trends in other countries can change constantly, which can deter investors. Negative exchange rates Foreign direct investment can affect exchange rates, benefiting one country and detrimental to another. Poor performance Multinationals have been criticized for poor working conditions in foreign factories.

Higher Costs Investors may find that investing abroad is more expensive than exporting goods. In many cases, more money is invested in machinery and intellectual property than the wages of local employees. There is no guarantee that an investment will pay dividends in the future. The global political situation is also inherently unstable. This means companies can lose their investments in the event of a foreclosure or takeover.

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Answer:

is it a manager??

Explanation:

A student will decide to attend class when there is an attendance policy. Thus, option (c) is correct.

The term policy refers to are the rules are the described in the details are the mention. The policy are the making follow to the country and the employees of the company. The policy are the making the company of the solving the issues.

A student was the decided to regularly attend lectures or classes was the main motive to fulfill the attendance policy. The attendance was the necessary to appear in the exam. An attendance was the help to gain good marks in the exams. An attendance policy was the best policy.

As a result, the student will decide to attend class when there is an attendance policy. Therefore, option (c) is correct.

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When a country that imports a particular good imposes an import quota on that good, then, the consumer surplus decreases and total surplus decreases in the market for that good. The Option D is correct.

In economics, an import quota means a kind of trade restriction that sets a physical limit on the quantity of a good that can be imported into a country in a given period of time. Quotas, jut like other trade restrictions are typically used to benefit the producers of a good in that economy (protectionism).

In most economies, the main objective of an import quota to protect the domestic market from foreign goods by limiting importing goods from the overseas market.

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The magnitude of the acceleration is approximately -4.408 m/s^2.

To find the acceleration, we use the equation (final velocity - initial velocity) / time. Given the total distance moved by the bus before stopping as 56.7 m and the initial speed as 22.36 m/s, we need to find the final velocity using the equation final velocity^2 = initial velocity^2 + 2 * acceleration * distance. By substituting the given values, we find that the acceleration is -4.408 m/s^2. The negative sign indicates that the bus is decelerating. Therefore, the magnitude of the acceleration is approximately 4.408 m/s^2.

The magnitude of acceleration can be determined using the equation:

acceleration = (final velocity - initial velocity) / time

In this case, we need to find the acceleration when the total distance moved by the bus before stopping is 56.7 m and the initial speed is 22.36 m/s.

To find the final velocity, we can use the equation:

final velocity^2 = initial velocity^2 + 2 * acceleration * distance

Given that the initial velocity is 22.36 m/s and the distance is 56.7 m, we can substitute these values into the equation:

final velocity^2 = 22.36^2 + 2 * acceleration * 56.7

Simplifying this equation, we get:

final velocity^2 = 499.3296 + 113.4 * acceleration

Since the bus stops, the final velocity is 0. Therefore, we can rewrite the equation as:

0 = 499.3296 + 113.4 * acceleration

Solving for acceleration, we get:

acceleration = -499.3296 / 113.4

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Compounding frequency refers to the frequency with which interest is calculated and added to the principal amount in a compound interest account.

a. To calculate the Effective Annual Rate (EAR) for each option, we can use the formula:

EAR = (1 + APR/n)^n - 1

where APR is the Annual Percentage Rate and n is the compounding frequency per year.

For Bank A, the APR is 20.00% and the compounding frequency is annually, so:

EAR_A = (1 + 0.20/1)^1 - 1 = 20.00%

For Bank B, the APR is 20.00% and the compounding frequency is semiannually, so:

EAR_B = (1 + 0.20/2)^2 - 1 = 20.25%

For Bank C, the APR is 19.40% and the compounding frequency is daily, so:

EAR_C = (1 + 0.1940/365)^365 - 1 = 20.05%

b. To calculate how much we will have at the end of 3 years, we can use the formula for compound interest:

A = P * (1 + r/n)^(n*t)

where A is the ending amount, P is the principal (initial deposit), r is the annual interest rate, n is the compounding frequency per year, and t is the time in years.

For each bank, assuming that we deposit the full $100,000 and leave it untouched for 3 years:

For Bank A, we have:

A_A = 100,000 * (1 + 0.20/1)^(1*3) = $215,892.32

For Bank B, we have:

A_B = 100,000 * (1 + 0.20/2)^(2*3) = $219,254.93

For Bank C, we have:

A_C = 100,000 * (1 + 0.1940/365)^(365*3) = $219,002.79

Therefore, after 3 years, we would have the following amounts:

Bank A: $215,892.32

Bank B: $219,254.93

Bank C: $219,002.79

Note that Bank B has the highest EAR and therefore provides the highest return on investment, while Bank A has the lowest EAR and provides the lowest return on investment.

However, Bank C has a slightly lower EAR than Bank B but a higher compounding frequency (daily), which results in a slightly lower ending amount.

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The correct answer is c. Agreement of the parties. A commonly recognized way by which a party's contractual obligations can be terminated is through the agreement of the parties involved.

The commonly recognized way by which a party's contractual obligations can be terminated is through the agreement of the parties. This means that both parties involved in the contract must come to a mutual decision to terminate the agreement. However, it is important to note that there may be consequences and liabilities associated with terminating a contract prematurely. Labor cost increase or raw material price increase may not necessarily result in termination of the contract but may lead to renegotiation of terms or pricing adjustments. Similarly, component part price increases may also lead to the renegotiation of terms or the seeking of alternative suppliers. Overall, termination of a contractual agreement should be done in accordance with the terms and conditions agreed upon in the contract to avoid any legal disputes or liabilities.

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Answer:

A. to generate interest in a story to attract viewers and readers

When we volunteer at an animal shelter, this is a great way to demonstrate your passion for helping others.

Volunteerism refers to work that we are not paid for and are only doing in order to help others.

When we volunteer in an animal shelter therefore, it means that we are helping out others, be they animals or humans who need animal companions.

In conclusion, option A is correct.

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Answer: A - demonstrate your passion for helping others.

Explanation:

I got it right on my test.

Answer: An entrepreneur is a person who creates a new business venture with all the possible risks. He is the person who brings an idea to the table for a new business. Then he acquires resources, labor, and capital to set up the business, produce goods and services

Explanation: Hope this was helpful

There is broader access to knowledge and resources in the broader business community.
Outsider dominance on boards of directors allows for a more diverse range of perspectives and expertise, which can lead to better decision-making and connections to resources outside the firm. The business community refers to the collective group of individuals and organizations that are involved in commercial activities and have a stake in the economic landscape. It includes various entities such as businesses, corporations, entrepreneurs, investors, industry associations, trade organizations, and professional networks.

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If the marginal cost curve lies below the average cost curve then as output increases, average total cost is decreasing.

When this measure is decreasing, it means that every time another unit is produced, less cost is incurred. This will lead to average total cost falling because there is less cost but more output.

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Answer: c.) average total cost is decreasing

Explanation:

When the government lifts a legally binding-price cap from a market, the overall surplus will rise in that market. The overall surplus rises with an increase in product quantity and the market equilibrium price.

When the price exceeds the price at which the market is in equilibrium, the total surplus either stops growing or starts to shrink. Producer surplus rises as demand rises. Producer surplus declines as demand declines. Producer surplus is closely correlated with changes in the supply curve.

Producer surplus rises as supply rises. When a nation sells to other nations more frequently than it purchases from them, a trade surplus grows. This isn't always sustainable since rising demand frequently causes currency values to rise, making it more expensive for customers from other countries to continue making purchases.

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Answer to Question 1:

The forces that had lessened the importance of the cost and management accounting systems in today's dynamic world are as under:

Answer to Question 2:

The target costing is a costing technique that helps to reduce the cost of the company operations by setting cost targets for the operations. The first step under target costing is to set a selling price for the product and the second step is to set the target profit margin. Now at this position we are able to derive the target cost by taking the difference of profit margin and the selling price of the product. At this stage the actions and reforms required to achieve this target cost are determined and implemented in the current operating activities. The best part of the target costing is that it says that the pricing though matters but the main aspect of a product success is its cost controls. If the company is able to control the cost of the product then it can control the movement of prices in the market. So target costing specially focuses and stresses upon cost control procedures.

As Target costing is all about cost controlling and can be applied to any sector. In Ghana, target costing will help to control the cost of the services that the banking sector renders to its customers. This reduction in services cost can be achieved by automation, installation of new softwares, Investing in automated teller machines, etc. By gaining efficiencies, the banking sector will substantially reduce its cost thus achieving its target cost.

By achieving the target cost the bank will have to sell at the same rate as the bank had invested its time and money in efficiency gaining activities. There are a lot of activities and products that can be automated and that can help to achieve the target cost. For example, promoting internet banking will reduce the cost of ATM management, paper cost, management time, additional branch opening or extension of building, etc. We can see how easily internet banking will assist the banking sector to achieve its target costs.

Answer:

Job

Explanation:

A job is any regular and legal activity that one does to earn money.  A job is a responsibility, position, or role assigned to a worker/ employee. Each job has a job description which details what duties the employer expects the employees to perform.

A job refers to employment, either full-time or part-time. It is also a piece of work to be performed.

Facts about fuel-efficient vehicles, scientific theories, and suggestions for energy-saving items For a younger audience, creating an environment club, interviewing kids, recycling, and statistics are appropriate.

You can reach more people in a certain age group by using age demographics. A certain age group may share cultural experiences, values, or attitudes that might help you relate to your target audience. These concepts can be used to demonstrate how your good or service matches their requirements and way of life.

When launching a business, a product, or a service from your current firm, identifying your core target audience is essential.

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Answer:Details for younger- interviewing with kids, how to recycle, start an environment club, defining “litter”

Older Audience-scientific experts’ views, energy-saving goods to buy,statistics about pollution, fuel-efficient car facts.

Explanation: I took it on edge 2023

Answer:

5

Explanation:

A reporting entity is any entity in men or organizations that depends on the financial report produced by an organization for an understanding of the financial performances and position for the purpose of decision making. This can be investors and other stakeholders in the business.

In the scenario given , the relative parties that will rely of the financial report are

David Herbert  as the Entrepreneur , Herbert Enterprises which prepare the report ,George , Herbert's brother an investor , First federal bank , a loan provider and City properties.

If a firm has no excess capacity, a sensible bidding strategy would be to set a price to cover variable costs (at a minimum), including opportunity cost.

When a firm has no excess capacity, it means that all of its resources are fully utilized. In such a scenario, the firm's objective should be to at least cover its variable costs to avoid incurring losses. Variable costs are costs that vary directly with the level of production or sales, such as direct materials and direct labor. By setting a price that covers variable costs, the firm ensures that it is covering the direct costs associated with producing and delivering the product or service.

In addition to variable costs, including opportunity cost in the pricing strategy is important. Opportunity cost refers to the value of the next best alternative foregone when a decision is made. By considering opportunity cost, the firm takes into account the potential revenue it could have earned by allocating its resources to alternative uses. Setting a price to cover variable costs, including opportunity cost, ensures that the firm is not only covering its immediate expenses but also accounting for the potential value lost by utilizing its resources in a particular project.

Setting a price to cover only fixed costs or minimizing tax liability may not be a sensible bidding strategy in this scenario, as it does not take into account the variable costs and opportunity cost associated with the project.

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c) The statistical interpretation of the confidence interval in the context of this problem is that we can be 95% confident that the true mean final exam score of all Harper statistics students lies between 150 and 159 points. This means that if we were to repeat the sampling process and construct 95% confidence intervals, we would expect approximately 95% of those intervals to contain the population mean.

d) The symbol for the point estimate for μ is X✓Value of the point estimate for μ is X✓ = 159 x points.

e) The margin of error for the given interval is 4.5 x points.

e) To find the margin of error for the given interval:

The margin of error is calculated as the half-width of the confidence interval.

The half-width of the given confidence interval is:

The margin of Error = (Upper Limit - Lower Limit) / 2

                         = (159 - 150) / 2

                         = 4.5 x points

1) From the given, we have, Lower limit (A) = 150, Point estimate (X✓) = 159, and Upper limit (C) = 159. Boxes to show the relation on the number line between the numeric values of the point estimate and the interval estimate is as follows.

[150 155 159] A B C

Thus, the relation on the number line between the numeric values of the point estimate and the interval estimate is given by A < X✓ < C.

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The firm's accounting profitability, ability to create shareholder value, and ability to generate economic value tend to be Correlated.

Accounting profit, also known as accounting profit or financial profit, is net income obtained after deducting total revenue from all dollar costs. In essence, it displays how much money a company has remaining after paying its stated operating expenses.

Shareholder value is the monetary benefit shareholders of a firm receive in exchange for their ownership of its stock. When a corporation generates a return on invested capital (ROIC) higher than its weighted average cost of capital, this raises shareholder value (WACC). Simply said, value is produced for shareholders when a company grows its earnings.

Creating Economic Value: The company must keep a balance between the unit cost of "production" and the consumer's willingness to pay for the product in order to create economic value. The company must establish a price (P) above unit cost (C) in order to capture the economic value and make a supra-normal profit.

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