True or False "Sears offers discount coupons and lowers prices on 1,000 items in the store in order to generate sales. This is most likely to occur during an economic recession." The statement is true.
What is economic recession?A recession can be defined as a prolonged period of low or negative real GDP (manufacturing) growth accompanied by a significant rise in unemployment. Many other economic indicators also weaken during recessions. A recession is a significant and widespread reduction in economic activity. A common definition is that his two consecutive quarters of contraction in Gross Domestic Product (GDP) constitute a recession. A recession generally results in lower economic output, lower consumer demand, and higher unemployment.
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Cost of Direct Materials Used in Production for a Manufacturing Company
Rextacular Manufacturing Company reported the following materials data for the month ending June 30, 2016:
Materials purchased $828,000
Materials inventory, June 1 279,000
Materials inventory, June 30 252,000
Determine the cost of direct materials used in production by Rextacular during the month ended June 30, 2016.
Answer:
$855,000
Explanation:
The Raw Materials T - Account can be used to determine the cost of direct materials used in production using the missing balance technique as follows :
Raw Materials T - Account
Debit :
Beginning Balance $279,000
Purchases $828,000
Total $1,107,000
Credit :
Ending Balance $252,000
Transferred to Production (Balancing figure) $855,000
Total $1,107,000
True or false: a business often has to pay taxes based on its inventory
False. A business does not usually have to pay taxes based on its inventory directly. Taxes on inventory are not typically levied as a standalone tax. Instead, businesses are generally required to pay taxes on their income or profits, which may be influenced by the value of their inventory.
When calculating income or profit, businesses may consider the cost of goods sold (COGS), which includes the expenses associated with producing or acquiring the inventory. By deducting the COGS from the revenue generated from sales, the taxable income or profit is determined.
In some cases, businesses may be subject to specific taxes related to inventory, such as property taxes or excise taxes on certain types of goods. However, these taxes are not solely based on the inventory itself but rather on factors such as the value or type of inventory.
Overall, taxes paid by a business are typically based on factors beyond inventory, such as income, profits, or specific tax regulations applicable to the business and its operations.
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Assume that Botswana Life Insurance (BOTS LIFE) pays no cash dividends currently and is not expected to for the next 5 years. Its latest EPS was $10, all of which was reinvested in the company. The firm’s expected ROE for the next 5 years is 20% per year, and during this time, it is expected to continue to reinvest all of its earnings. Starting 6 years from now the firm’s ROE on new investment is expected to fall to 15% and the company is expected to start paying out 40% of its earning in cash dividends, which it will continue to do forever after. BOTS LIFE’s market capitalisation rate is 15% per year.
(a) Estimate the intrinsic value per share of the firm [7 Marks]
(b) Assuming its current market price is equal to its intrinsic value, using illustrations, what do you expect to happen to its price over the next year and the year after? [5 Marks]
(c) Illustrate, what effect would it have on your estimate of the intrinsic value if BOTS LIFE is expected to pay out only 20% of earnings starting in year 6? [5 Marks
The intrinsic value of company's share is $89.90
The share price is expected to rise in the incoming years
The intrinsic value of share remains the same when payout ratio reduces to 20%
What is the firm growth rate in each of the future years?
The growth rate of the company, which is also the growth rate for earnings per share in each of the first 5 years
Growth rate in the first 5 years=ROE*reinvestment rate
ROE=20%
reinvestment rate=100%(all earnings would be reinvested)
Growth rate in the first 5 years=100%*20%
Growth rate in the first 5 years=20%
Earnings in 5 years=current EPS*(1+growth rate)^5
Earnings in 5 years=$10*(1+20%)^5
Earnings in 5 years=$24.8832
Growth rate for year 6 and beyond=15%*(1-40%)
Growth rate for year 6 and beyond=9.00%
Earnings in year 6=$24.8832*(1+9%)
earnings in year 6=$27.122688
Out of the EPS, 40% would be paid as dividends
dividends in year 6=$27.122688*40%
dividends in year 6=$10.8490752
We can compute the share price at the end of year using the present value formula of perpetuity
share price in year 5=$10.8490752/(15%-9%)
share price in year 5=$180.81792
share price now=$180.81792/(1+15%)^5
share price now=$89.90
The fact that share price and the intrinsic value are the same implies that share price would increase over the next year and the year after because the dividends would continue to growth at a constant rate of 9%
Out of the EPS, 20% would be paid as dividends
dividends in year 6=$27.122688*20%
dividends in year 6=$5.4245376
growth rate=15%*(1-20%)=12.00%
We can compute the share price at the end of year using the present value formula of perpetuity
share price in year 5=$5.4245376/(15%-12%)
share price in year 5=$180.81792
share price now=$180.81792/(1+15%)^5
share price now=$89.90
The share price in payout ratio from 40% to 20% has no effect on the intrinsic value since the share prices are the same under the two scenarios
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give at least five
skills using shatong?
Answer:
1) Batting
2) Couting
3) Running
4) Striking
5) Catching
Explanation:
All up there. :)
Kazi Ltd. a manufacturer of powder soap wants to double their previous financial year profit which was Sh. 5 Million, through improved sales strategies and aggressive marketing. The following data was provided. p = 320, v = 110, f = Sh. 1.2 Million i) Determine Profit if sales are 35,000 units
Answer:
the profit in the case when the sale is 35,000 units is 6,150,000
Explanation:
The computation of the profit is as follows:
= (Selling price - variable cost) × number of units sold - fixed cost
= (320 - 110) × 35,000 units - sh. 1.2 million
= 7,350,000 - 1,200,000
= 6,150,000
Hence, the profit in the case when the sale is 35,000 units is 6,150,000
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Read the scenario.
Raoul has just been promoted to a supervisor’s position, which is a steady job. He likes to enjoy life, take vacations, and change things up every now and then. That’s why he will not have a lot of extra money to spend on repairs and maintenance on his car.
Based on this scenario, Raoul should
buy a used car.
lease a used car.
buy a new car.
lease a new car.
Answer:
lease a new car.
Explanation:
Raul is better off leasing a new car due to the following reasons.
Raul likes to change things now and then. With a lease, he can change the make and model of cars and often as he pleases.Raul does not have much money to repair and maintain his car. The best option is to lease a new car. A new car requires minimal maintenance. The cost of maintenance is not entirely up to Raul.Given that Raoul would not want to spend money on repairs and car maintenance, it is best that: he lease a new car.
What is a car lease?This is a type of financial agreement that exists where people would have to pay in order to drive a car instead of taking car loans that would have them own the car.
The lease would be beneficial because the car is new and he would not have to pay for much.
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The debt ceiling is:
Answer:
Explanation: The United States debt ceiling or debt limit is a legislative limit on the amount of national debt that can be incurred by the U.S. Treasury, thus limiting how much money the federal government may borrow.
Q1. The following information relates to Alexis Company. Prepare Financial Statement Analysis as required below.
Alexis Corporation
Income statements
as at 31 December, 2019 and 2020
(In thousands Birr)
2019 2020
Revenue 2,240 2,681
Cost of goods sold (1,745) (2,272)
Gross Profit 495 409
Operating expenses (252) (362)
Operating Profit 243 47
Interest Expense (18) (32)
Profit Before Taxation 225 15
Taxation (60) (4)
Profit for the year 165 11
A. Prepare common size income statement for the year 2019 and 2020.
B. Perform a trend analysis and interpret the results
Answer:The following information relates to Alexis Company. Prepare Financial Statement Analysis
as required below.
Alexis Corporation
Income statements
as at 31 December, 2019 and 2020
(In thousands Birr)
2019 2020
Revenue 2,240 2,681
Cost of goods sold (1,745) (2,272)
Gross Profit 495 409
Operating expenses (252) (362)
Operating Profit 243 47
Interest Expense (18) (32)
Profit Before Taxation 225 15
Taxation (60) (4)
Profit for the year 165 11
A. Prepare common size income statement for the year 2019 and 2020.
B. Perform a trend analysis and interpret the results
Explanation:
A. Common Size Income Statement: 2019 2020, Revenue 100% 100%, Cost of goods sold 78.5 85, Gross Profit 22.5 15, Operating expenses 11.2 13.4 ,Operating Profit 10.9 1.7, Interest Expense 0.8 1.2, Profit Before Taxation 10.1 0.6, Taxation 2.7 0.2 and Profit for the year 7.4 0.4.
What is Profit?Profit is the money a business earns after accounting for all its expenses. It is the difference between a company’s total revenue and its total costs. Profit is earned when a business’s income is greater than its expenses. It is a key performance indicator to measure the success of a business.
B. Trend Analysis
The trend analysis of the common size income statement for Alexis Company shows that the revenue for the year 2020 has increased by 19.6% compared to the year 2019. However, the cost of goods sold has also increased by 28.9%, resulting in a decrease in the gross profit of 63.5%. The operating expenses also increased by 44.4%, leading to a decrease in operating profit of 82.3%. The interest expense increased by 77.7% and the profit before taxation decreased by 94.3%. The taxation also decreased by 93.3% and the profit for the year decreased by 97.6%. This trend analysis suggests that the company has not been able to manage its costs and expenses efficiently, resulting in a significant decrease in profits.
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pls help!!! will give brainly!!!
Emma is a biomedical engineer who designs robots that perform intricate surgeries. Into which two career clusters that we have considered so far could Emma’s job fall? Give a reason for your choices.
Answer:
I believe this would be in the Engineering and technology pathway.
Explanation:
Examples of someone in a engineering and technology pathway are people like Biomedical engineers so it makes sense!
Select any business organization and make environmental (Internal & External) assessment; determine the critical success factors (Strengths, Weaknesses, Opportunities and Threats) and recommend the organization according to the results of your assessment. Select any business enterprise you want and consider its offerings. Analyze the enterprise’s offerings in terms of customer value hierarchy (levels of product: core benefit, actual product, expected product, augmented product and potential product). Select any real advertising strategy (magazine, newspaper, tv, radio, display) for a given organization. Assess and evaluate the strength and weakness of that ad and recommend the alternative possible solutions to make it perfect and recommend the organization according to the results of your assessment.
You should choose to carry out an internal and external environmental assessment of a company that you identify with, research more about it and explain its strengths and weaknesses, opportunities and threats.
What is SWOT analysis?It is a management tool that helps an organization determine its situation in the internal and external environment, leading to an analysis of strengths, weaknesses, opportunities and threats, expanding its view of the market, its characteristics and values.
Therefore, you can conduct your environmental assessment based on company characteristics such as offerings, customer value, marketing and other characteristics that contribute to your market positioning.
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what are the challenges facing today's management
The challenges facing today's management are Uncertainty about the Future; the Well-being of Employees; Tracking Team Productivity, and turnover, technology, and digitalization.
What is management?The process of completing the labour or task necessary for accomplishing an organization's goals in an effective and efficient way is referred to as management. The management functions are implied by the process. Planning, organizing, staffing, directing, and managing are therefore involved.
In management, there are decreased levels of performance, hiring competent personnel; inadequate communication.
Time management issues, difficult coworkers, difficult clients, performance pressure, poor cooperation, Skepticism, etc are some of the major challenges faced by the management. Therefore, the success of the management depends on those who are able to overcome these challenges.
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How many stages does the process of final accounting have?
The process of final accounting typically involves four stages.
How many stages does process of final accounting have?These stages are:
1. Recording: In this stage, financial transactions are recorded in the appropriate accounts using the double-entry bookkeeping system.
2. Adjusting: Adjusting entries are made to account for accruals, deferrals, and other adjustments necessary to ensure that the financial statements reflect the correct financial position and results of operations.
3. Summarizing: In this stage, the adjusted trial balance is prepared, and the financial statements are generated, including the income statement, balance sheet, and statement of cash flows.
4. Closing: The final stage involves closing the temporary accounts, such as revenue and expense accounts, into the retained earnings account to start the new accounting period with zero balances in those accounts.
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What lessons did the Sony Pictures hack teach the world about cyberwarfare?
Answer:
Cyberwarfare was now an effective way to challenge the hold that the US once held. Other countries had potential to seriously damage the US.
Explanation: Documents were leaked exposing the ulterior motives of Sony. A notable example were the documents around the movie "The Interview". If art and film from the US could be limited and challenged by North Korea, an enemy of the US, anything could go.
The ……………. refers to something being put into the system. This is transformed by the organisation (or parts of it) through an activity or function of the organisation.
Answer:
any options ?
Explanation:
any options ?
Stam Company shows the following costs for three jobs worked on in April. Job 306 Job 307 Job 308 Balances on March 31 Direct materials (in March) $ 33,600 $ 41,900 Direct labor (in March) 24,600 20,300 Applied overhead (March) 12,300 10,150 Costs during April Direct materials 139,600 226,900 $ 102,300 Direct labor 94,200 161,500 107,300 Applied overhead ? ? ? Status on April 30 Finished (sold) Finished (unsold) In process Additional Information Raw Materials Inventory has a March 31 balance of $91,500. Raw materials purchases in April are $504,600, and total factory payroll cost in April is $388,300. Actual overhead costs incurred in April are indirect materials, $52,300; indirect labor, $25,300; factory rent, $34,300; factory utilities, $21,300; and factory equipment depreciation, $55,600. Predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $650,000 cash in April.
Based on the cost of production by Stam Company, the overhead rate which is applied to the jobs are:
Data and Calculations:
Job 306 Job 307 Job 308
Balances on March 31
Direct materials used (in March) $33,600 $41,900
Direct labor used (in March) $24,600 $20,300
Overhead applied (March) $12,300 $10,150
Costs during April
Direct materials used $139,000 $226,900 $102,000
Direct labor used $94,200 $161,500 $107,300
Overhead applied $55,600 $77,500 $52,500
($94,200 × 50%) ($161,500 × 50%) ($107,300 × 50%)
Job 306 - $47,100
Job 307 - $80,750
Job 308 - $53,650
The overhead rate applied for Job 306 in April is:
= Direct labor cost x 50%
= 94,200 x 50%
= $47,100
The overhead applied for Job 307 in April is:
= 161,500 x 50%
= $80,750
The overhead for Job 308 in April is:
= 107,300 x 50%
= $53,650
Hence, based on the cost of production by Stam Company, the overhead rate applied to the jobs are calculated above.
The given question is incomplete, the complete question is-
Stam Company shows the following costs for three jobs worked on in April. Job 306 Job 307 Job 308 Balances on March 31 Direct materials (in March) $ 33,600 $ 41,900 Direct labor (in March) 24,600 20,300 Applied overhead (March) 12,300 10,150 Costs during April Direct materials 139,600 226,900 $ 102,300 Direct labor 94,200 161,500 107,300 Applied overhead ? ? ? Status on April 30 Finished (sold) Finished (unsold) In process Additional Information Raw Materials Inventory has a March 31 balance of $91,500. Raw materials purchases in April are $504,600, and total factory payroll cost in April is $388,300. Actual overhead costs incurred in April are indirect materials, $52,300; indirect labor, $25,300; factory rent, $34,300; factory utilities, $21,300; and factory equipment depreciation, $55,600. Predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $650,000 cash in April.
Enter debits before credits. Transaction General Journal Debit Credit a. Record entry Clear entry View general journal 4. Prepare a schedule of cost of goods manufactured for the month end April 30. Stam Company Schedule of Cost of Goods Manufactured For Month Ended April 30 Total manufacturing costs Total cost of work in process Cost of goods manufactured.
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a) Using the information in the table above, calculate the value of GDP for Sandy Island in 2019 (Show your calculation).
b)Calculate the value of net exports (Show your calculation).
a) Sandy Island's 2019 GDP is $1,200 billion.
b) The value of the net exports is -$200 billion ($300 - $500 billion).
Data and Calculations:
Personal Consumption Expenditure = $900 billions
Government Expenditure = $300 billion
Net Indirect Taxes = $350 billion
Investment Expenditure = $200 billion
Exports of goods and services = $300 billion
Imports of goods and services = $500 billion
Depreciation = $100 billion
In Economics, Sandy Island's 2019 GDP is defined by the following formula: GDP = C + I + G + NX
Where GDP = Gross Domestic Product
C = Personal Consumption Expenditures
I = Investment (business expenditures and home purchases by households)
G = Government Expenditure or Spending
NX = Exports - Imports
Thus, Sandy Island's 2019 GDP = $1,200 ($900 + $200 + $300 + $300 - $500) billion.
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Which forecasting technique involves analysts using the aggregate opinion of expert panelists, along with justified reasoning, to estimate future sales scenarios?
The ________ involves analysts using the aggregate opinion of expert panelists.
Answer:
case
Explanation:
hope this helps
what is the proper way to eat in class
The proper way to eat in class is to follow the rules and teacher's instructions, choose quiet and odorless foods, eat discreetly, and be respectful of others.
1: Be mindful of the class rules and teacher's instructions. Different schools and teachers may have different policies regarding eating in class. Make sure you are aware of these rules before proceeding.
2: Choose appropriate foods. Opt for foods that are quiet, odorless, and easy to eat without making a mess. Avoid foods that are crunchy, smelly, or require utensils, as they may disrupt the class or distract other students.
3: Prepare in advance. If you know you will be hungry during class, have a small snack or meal before class starts to curb your hunger. This way, you won't be tempted to eat during the class session.
4: Eat discreetly. If you do need to eat something during class, do so discreetly. Choose a moment when the teacher is not actively speaking or when there is a break in the lesson. Take small, quiet bites and avoid making unnecessary noise.
5: Be respectful of others. Ensure that your eating habits do not disturb or distract your classmates. Avoid chewing loudly, slurping drinks, or engaging in messy eating habits. Keep your focus on the class material while eating.
6: Clean up after yourself. Dispose of any food wrappers or containers properly in designated trash cans. If you accidentally make a mess, clean it up discreetly and quickly to avoid drawing attention.
7: Follow teacher's instructions. If your teacher explicitly prohibits eating in class, respect their rules and refrain from eating until an appropriate time, such as during designated breaks or lunchtime.
Remember, the primary purpose of being in class is to learn and engage in educational activities. Eating should only be done when necessary and in a manner that does not disrupt the learning environment.
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Assuming the average person works 50 weeks per year, median earnings of a college graduate are $56,850 per year compared to $33,900 per year for a high school graduate. If a college graduate works 43 years, median lifetime earnings are $2,444,500. A high school graduate can be expected to work an additional four years (47 years total), resulting in lifetime earnings of $1,593,300.
According to the College Board, an undergraduate student attending an in-state school and living on-campus should budget $25.290 per year to attend college (including tuition and fees, room and board, books, transportation, and other expenses) Using this information calculate the average total cost of a bachelor's degree that takes four years to complete, then determine whether obtnining the degree is likely to be worth the expense.
a. According to the College Bourd, a four-year bachelor's degree at an in-state school will cost, on average, worth it because the increase in lifetime earnings
b. The expense of obtaining a bachelor's degree the ________ worth it because the increase in lifetime earnings ___________ the cost
Answer:
a. over 100,000
b. is more than 8 times
Explanation:
a.
Cost of four-year bachelor degree = Actual cost + opportunity cost
And
Actual cost = amount spent
opportunity cost = amount lost in not doing job just after high school
So ,
opportunity cost would be the 4 year salary of a high school graduate.
∴
Opportunity cost = 4 * yearly income of high school graduate
= $ 4 * 33900
= $ 135,600
Actual cost = 4 * yearly cost to attend college
= $ 4 * 25,290
= $ 101,160
As,
Total cost = Actual cost + opportunity cost
= $ 101,160 + 135,600
= $ 236,760
b.
Lifetime gain in pursuing bachelor degree over high school = life time earning of bachelor - lifetime earning of high school graduate
= 2,444,500 - 1,593,300 = 851,200 $
Hence,
the expenses of obtaining a bachelor degree is worth it because the increase in lifeime earning exceeds cost. [ cost = 236,760 $ , gain = 851,200 $ ]
So,
The expense of obtaining a bachelor's degree worth it because the increase in lifetime earnings is more than 8 times the cost
If a Target front store item is out of stock, and CVS needs the item to fill a script, what should CVS employee do?
Answer:
CVS employees should ask customers to wait till the new stock arrives.
Explanation:
Target Front stores operates in a busy area. Customers visit and buy from target store as they find it easy to buy everything at one shop. It is a kind of department store which offers every product to its customers. When target store is out of certain products it should immediately mark it as stock out so that customer does not waits for it.
COMO CREES QUE SE PODRIA SOLUCIONAR LA POBREZA ?? POR FAVOR DOY CORONA , Y CORAZON ( E QUE NO SEPA NO ESCRIBA ) :(
Answer:
tenga pa que se entretenga
The republic of Bucolia has computed its CPI for three years using 2016 as the base year: A gallon of paint cost $15.00 in 2015. What does it cost in 2016 dollars
Its cost in 2016 in dollars is mathematically given as
x=$17.85
This is further explained below.
What is a CPI?Generally, A price index is defined as the price of a weighted average market basket of consumer goods and services that were bought by households.
A consumer price index is one kind of price index.
The Consumer Price Index (CPI) is used to measure price changes over time.
In conclusion,
\(&\mathrm{CPI}=\frac{\text { current price }}{\text { base price }} X 100 \\\)
Therefore
\(&84=\frac{15}{x} \text { X } 100 \\\)
x=$17.85
Therefore, the 2016 price for paint is $17.85
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How do you redeem a
lottery tickets
Explanation:
you can redeem a winning ticket from any type of lottery game to an authorized retailer when your prize is less than 600$
hope I helped
Explain the relationship between the FAFSA, the SAR, and the EFC.
Explanation:
The SAR summarizes the information you provided on the FAFSA, and indicates the Expected Family Contribution (EFC). The EFC is the amount of money your family will be expected to contribute to your education. ... The lower your EFC, the more financial aid you will get.
Hope it helps
:>
EFC is an index number that is used to determine the eligibility for federal student financial aid, this number results from the financial information will be provided in FAFSA, then it will be reported on SAR.
What are the FAFSA, the SAR, and the EFC?FAFSA refers to the Free Application for Federal Student Aid, form that is filled by the college students to determine their eligibility for student financial aid in the United States.
SAR refers to the Student Aid Report is a document that gives the basic information about the student's eligibility for federal financial aid.
EFC refers to the Expected Family Contribution is an estimate of a student's eligibility for federal student financial aid.
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The Government using taxing and spending to stabalize the economy is called
Answer:
fiscal policy
Explanation:
Fiscal policy is the use of government spending and taxation to influence the economy. Governments typically use fiscal policy to promote strong and sustainable growth and reduce poverty.
Let’s say there is an investment product whose Annual Percentage Rate (APR) is 8%. If this investment product compounds quarterly (that is, four times a year), what will be the Effective Annual Interest Rate (EAR)?
Answer:
Effective annual interest rate= 8.24%
Explanation:
Giving the following information:
Interest rate= 8% compounded quarterly
First, we need to calculate the nominal quarterly interest rate:
i= 0.08/4= 0.02
Now, the effective annual interest rate:
effective annual interest rate= (1+i)^n - 1
effective annual interest rate= 1.02^4 - 1
effective annual interest rate= 0.824 = 8.24%
1. Explain each of the following statements using
supply-and-demand diagrams.
a. "When a cold snap hits Florida, the price of
orange juice rises in supermarkets through-
out the country."
b. "When the weather turns warm in New
England every summer, the price of hotel
rooms in Caribbean resorts plummets."
c. "When a war breaks out in the Middle East,
the price of gasoline rises, and the price of a
used Cadillac falls."
( this is for my macroeconomics class)
Due to crop damage or transportation issues, Florida cold snaps may impair orange juice supplies.
When New England becomes hotter in July, fewer people want to fly to the Caribbean.
Due to transportation issues or manufacturing facility damage, Middle East wars may impair gasoline supplies.
What is supply-and-demand?Generally, When a cold snap hits Florida, the supply of orange juice may be disrupted due to damage to crops or transportation difficulties. This decrease in supply would shift the supply curve to the left, leading to an increase in the equilibrium price of orange juice. The demand for orange juice may also increase due to its perceived health benefits or as a result of consumers stockpiling it in anticipation of further supply disruptions. This increase in demand would shift the demand curve to the right, further contributing to the increase in the equilibrium price.
b. When the weather turns warm in New England every summer, the demand for hotel rooms in Caribbean resorts may decrease as fewer people are interested in traveling to a warm destination. This decrease in demand would shift the demand curve to the left, leading to a decrease in the equilibrium price of hotel rooms. The supply of hotel rooms may also increase as more resorts offer discounts and promotions to attract travelers. This increase in supply would shift the supply curve to the right, further contributing to the decrease in the equilibrium price.
c. When a war breaks out in the Middle East, the supply of gasoline may be disrupted due to transportation difficulties or damage to production facilities. This decrease in supply would shift the supply curve to the left, leading to an increase in the equilibrium price of gasoline.
The demand for gasoline may also increase as a result of increased military activity or as a result of consumers stockpiling it in anticipation of further supply disruptions. This increase in demand would shift the demand curve to the right, further contributing to the increase in the equilibrium price.
The demand for used Cadillacs may decrease as consumers reduce their spending on non-essential items or as a result of decreased consumer confidence. This decrease in demand would shift the demand curve to the left, leading to a decrease in the equilibrium price of used Cadillacs.
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briefly explain how the decision support system resolved the problems experienced by the railways
The decision support system improved the efficiency of the railroads, paying special attention to the punctuality and speed of transportation on both passenger and commercial routes. The Indian Railways encounter a number of difficulties, including the failure to ensure train punctuality.
Ticketless transit by passengers, damage to or theft of railroad property, and others. The railways suffer a considerable loss in income as a result. By December 2023, 100% electrification of the broad gauge is the goal. In 2020–21, the speed of freight trains doubled to 46 kmph from 23 kmph in previous years. In January 2019, all unmanned level crossings on the broad gauge were removed.
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Let MAC1 = 100 – 10E and MAC2 = 50 – 10E. Graph each function and compute the aggregate MAC curve. Let MD = 30E, compute the socially efficient equilibrium. For the equations given above, suppose the government sets the pollution level at four units. What are the net social costs of this policy?
Suppose a technological change occurs that reduces the marginal costs of abatement for polluter 1 in the above equation to that of polluter 2. How does this affect the socially efficient level of pollution? Solve numerically and graphically.
If the marginal costs of abatement for polluter 1 become equal to polluter 2, it does not impact the socially efficient level of pollution. The level is still determined by equating Marginal Damage with the Aggregate MAC.
To graph each function, we can plot MAC1 and MAC2 on a graph with the quantity of emissions (E) on the x-axis and the marginal abatement cost (MAC) on the y-axis.
For MAC1: MAC1 = 100 - 10E
For MAC2: MAC2 = 50 - 10E
To compute the aggregate MAC curve, we add the individual MAC curves together. So, Aggregate MAC = MAC1 + MAC2.
Aggregate MAC = (100 - 10E) + (50 - 10E) = 150 - 20E
Now, let's calculate the socially efficient equilibrium by setting the Marginal Damage (MD) equal to the Aggregate MAC.
MD = Aggregate MAC
30E = 150 - 20E
Simplifying the equation, we get:
50E = 150
E = 3
Therefore, the socially efficient equilibrium occurs when the quantity of emissions (E) is 3.
Now, let's calculate the net social costs of the policy when the government sets the pollution level at four units.
Net social costs = Aggregate MAC - MD
Net social costs = (150 - 20(4)) - (30(4))
Net social costs = 110 - 120
Net social costs = -10
The net social costs of this policy would be -10, indicating a net benefit to society.
If a technological change occurs that reduces the marginal costs of abatement for polluter 1 to that of polluter 2, it means that MAC1 will become equal to MAC2.
Setting MAC1 equal to MAC2:
100 - 10E = 50 - 10E
Simplifying the equation, we find that E can have any value, as both sides are equal.
Graphically, this change would mean that MAC1 and MAC2 become parallel lines on the graph, with the same slope and intercept. The socially efficient level of pollution would still be determined by equating MD with the aggregate MAC.
In conclusion, if the marginal costs of abatement for polluter 1 become equal to polluter 2, it does not affect the socially efficient level of pollution. The socially efficient level is still determined by equating the Marginal Damage with the Aggregate MAC, regardless of the marginal costs of individual polluters.
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I need help on creating my resume. I’m a high schooler currently in the 11th grade. I haven’t won any awards here at my high school, but I have won awards in the past like in middle school and elementary school. Can I include some of them on to my resume? Please help!!
Awards that I have won are mvp (middle school) leadership (elementary)
To create an effective resume, you must explain your educational and professional experiences. If you are still a student looking for your first professional opportunity, a good way to attract the attention of recruiters is to include your awards won in the educational environment on your resume.
How to create a good resume?Some tips can be important for you to create an attractive resume. It's always good to align your experiences with the area you want to compete in, that is, include courses, extra curricular experiences and awards that have to do with the field of work that interests you. Other important tips are:
Keep your CV objective and conciseReview your personal dataHighlight your personal achievementsBe honest about the information providedInclude your volunteer workTherefore, for a student to create an effective curriculum, the inclusion of awards and achievements from student life will attract the attention of the recruiter by showing interest, dedication and perspectives of the candidate, being a great opportunity to win a job.
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