The term you are looking for is "demand curve." A demand curve is a graphical representation of how much of a product or service consumers are willing to buy at different prices during a specific time period. The curve shows the relationship between price and quantity demanded.
When a product or service is priced high, demand for it tends to be low, and when it is priced low, demand tends to be high. As such, the demand curve slopes downwards from left to right, indicating that as price decreases, quantity demanded increases.
Several factors can affect the shape of the demand curve, such as changes in consumer tastes and preferences, the availability of substitute goods, and changes in consumer income. These factors can shift the demand curve either to the left or the right.
Understanding the demand curve is crucial for businesses to set prices that will maximize profits while still meeting consumer demand. By analyzing consumer behavior and the factors that affect demand, businesses can set optimal prices that balance supply and demand and help them remain competitive in the market.
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The term you are looking for is "demand". Demand shows how many units of a product or service consumers will demand during a specific period of time at different prices.
The term that describes how many units of a product or service consumers will demand during a specific period of time at different prices is "demand curve." A demand curve is a graphical representation of the relationship between the price of a good or service and the quantity of that good or service that consumers are willing and able to purchase at that price. It shows the quantity demanded at various prices, assuming all other factors remain constant, such as income, tastes, and preferences. Typically, demand curves slope downward, indicating that as the price of a good or service increases, the quantity demanded decreases, and as the price decreases, the quantity demanded increases.
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the two general costing approaches used by manufacturing companies to prepare income statements are costing and costing is called ?
The two general costing approaches used by manufacturing companies to prepare income statements are called Absorption Costing and Variable Costing.
Absorption Costing, also known as Full Costing, includes all manufacturing costs (direct materials, direct labor, and manufacturing overhead) in the cost of a product. This method allocates both fixed and variable manufacturing overhead costs to each unit produced.
When preparing an income statement using absorption costing, the cost of goods sold includes all production costs, and the gross margin reflects the difference between the sales revenue and the total production costs. Variable Costing, on the other hand, only includes variable manufacturing costs (direct materials, direct labor, and variable manufacturing overhead) in the cost of a product.
Fixed manufacturing overhead costs are treated as period expenses and are not allocated to each unit produced.
In this method, the cost of goods sold only includes variable production costs, while fixed manufacturing overhead costs are reported as a separate line item in the income statement.
To summarize, the two general costing approaches used by manufacturing companies to prepare income statements are Absorption Costing and Variable Costing.
Absorption Costing allocates all manufacturing costs to the product, while Variable Costing only allocates variable manufacturing costs. These approaches help companies analyze their financial performance and make informed decisions about production and pricing strategies.
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what type of government action is part of fical policy
To arrive at net cash provided by operating activities, it is necessary to report revenues and expenses on a cash basis. This is done by
Answer:
Indirect method
Explanation:
The indirect method reconciles the Operating income to the Operating cash flow by adjusting the Operating Income by (1) Non-cash items previously added or deducted from Operating Income and (2) adjusting for changes in working capital items.
If a bank pays interest at a rate of i compounded m times a year, then the amount of money Pk at the end of k time periods (where one time period = 1/mth of a year) satisfies the recurrence relation Pk = 1 + i m Pk − 1 with initial condition P0 = the initial amount deposited. Find an explicit formula for Pn. The given recurrence relation defines a geometric sequence Correct: Your answer is correct. With constant multiplier Correct: Your answer is correct. , which is Incorrect: Your answer is incorrect. . Therefore, Pn = Incorrect: Your answer is incorrect. For every integer n ≥ 0
The explicit formula for the nth term, \(P_n\), of the given recurrence relation \(P_k = 1 + im P_{k-1}\) is \(P_n = \left(1 + \frac{i}{m}\right)^n \cdot P_0\).
The given recurrence relation, \(P_k = 1 + im P_{k-1}\), defines a geometric sequence because each term is obtained by multiplying the last time by a constant multiplier (1 + i/m).
To find an explicit formula for \(P_n\), we can express \(P_k\) in terms of the initial amount deposited, \(P_0\), and the constant multiplier (1 + i/m).
It's important to note that this formula assumes that the recurrence relation holds for all values of k, where k is a positive integer. Additionally, this formula assumes that the initial condition, \(P_0\), is known and the interest rate and multiplier are constant throughout the sequence.
Starting from the initial condition, \(P_0\), we can calculate the subsequent terms as follows:
\(P_1 = (1 + \frac{i}{m}) \cdot P_0\)
\(P_2 = (1 + \frac{i}{m}) \cdot P_1 = (1 + \frac{i}{m}) \cdot (1 + \frac{i}{m}) \cdot P_0 = (1 + \frac{i}{m})^2 \cdot P_0\)
\(P_3 = (1 + \frac{i}{m}) \cdot P_2 = (1 + \frac{i}{m}) \cdot (1 + \frac{i}{m})^2 \cdot P_0 = (1 + \frac{i}{m})^3 \cdot P_0\)
.
.
.
\(P_n = (1 + \frac{i}{m}) \cdot P_{n-1} = (1 + \frac{i}{m}) \cdot (1 + \frac{i}{m})^{n-1} \cdot P_0 = (1 + \frac{i}{m})^n \cdot P_0\)
Therefore, the explicit formula for \(P_n\) is \(P_n = (1 + \frac{i}{m})^n \cdot P_0\).
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Which are among Washington’s top five manufacturing export industries? Select three options.
[] aerospace.
[] automobiles.
[] petroleum oils.
[] ultrasonic scanning apparatus.
[] textiles and clothing.
Answer:
aerospace like boeing
computers like microsoft
chemical like dow
ultrasonic scanning apparatus like fujifilm
textiles like filson
chatgpt
military bases are VERY important to local economies because they hire a lot of people & because of that are a lot of business serve them like restaurants
Washington state bases
Joint Base Lewis-McChord
Naval Base Kitsap
Fairchild Air Force Base
Yakima Training Center
Coast Guard Sector Puget Sound
I rlly need answers quick guys! This isnt Business tho!
Subtracting money.
$ c. $ c.
395.12 - 275.64
Answer:
$119.48
Explanation:
hope this helped :)
A logistics manager ordering parts wants to choose a mode of transportation with very low costs.
The mode of transportation, that if available, will best meet these needs is: D. Ships.
What is the best mode of transportation for the logistics manager to use?The best mode of transportation that the logistics manager in the scenario described above can use ship. The factors that make this choice the most desirable include the fact that the manager seeks a cheap mode of transportation.
Also, since long delivery times are not a major problem, ships are ideal because they take time to arrive but are cost-effective. As an efficient manager, the best way of ordering parts while saving money for the organization will be through the use of ships.
Complete Question:
A logistics manager ordering parts wants to choose a mode of transportation
with very low costs. The company can plan ahead, so long delivery times are
not a major problem. What mode of transportation, if available, will best meet
these needs?
A. Railroads
B. Trucks
C. Airplanes
D. Ships
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3. Question 3 Fill in the blank: Working for companies _____ means you'll work on a project-by-project basis, but not as a full-time employee.
Answer:
on a contract
Explanation:
An employee can be defined as an individual who is employed by an employer of labor to perform specific tasks, duties or functions in an organization.
Basically, an employee is saddled with the responsibility of providing specific services to the organization or company where he is currently employed while being paid a certain amount of money hourly, daily, weekly, or monthly depending on the contractual agreement between the two parties (employer and employee).
Any employee working for companies on a contract simply means or implies that, he or she work on a project-by-project basis rather than as a full-time employee.
For instance, a freelancer is someone who offers or provides his or her service to other employer of labor (business organization) without entering into a long-term contractual agreement.
All of the following characterize both perfectly competitive and monopolistically competitive markets EXCEPT: Price is equal to average revenue. Price is equal to average revenue. A Individual firms produce output where marginal cost equals marginal revenue. Individual firms produce output where marginal cost equals marginal revenue. B Firms can affect the selling price of their product. Firms can affect the selling price of their product. C The market has a large number of firms. The market has a large number of firms. D Firms can easily enter or exit the market.
Could someone help me please?
Answer: Yes Definitely. But i need the question
Explanation:
you can get the solution on Brainly straightly.
Internet is both boon and curse. Justify the statement
Why Internet is a boon :-
Because of internet, world has became a global village.
Internet encourages freedom of speech.
Internet is empowering everyone including those who are residing at remotest places.
Internet has created a lot of opportunities that weren’t there before. It created a lot of jobs.
Education got globalized. Students can take any course in any college through E-learning.
New innovations and resources can now be shared easily.
Transfer of files was made easy.
There is no limit to store information in the internet.
Communication has never been this easier.
We can pay bills or buy items from home, that would have required to go outside otherwise.
We can find information about anything.
We can develop our skills through many free courses available in internet.
Internet can be used for entertainment such as playing video games, watching movies etc.
The scope of gossips on celebrities is reducing because now celebrities are able interact with fans directly through social media.
Why Internet is a bane :-
According to researchers, our concentration levels are decreasing with the overwhelming usage of internet as we are concentrating on a lot of things at the same time.
Our memory power is reducing. With the growing usage of internet, we are not using our minds as much as we did when there was no internet. We used to store a lot of information in our minds and we used do simple math without using our phones etc.
The present generation has way too many distractions because of internet.
Lack of security, because hackers can easily theft data or can manipulate it.
Face to face communication has reduced.
Everyone can express their own views. But lots of misleading information too available in the internet. Children and youth can easily be misled by that.
Through Internet, viruses and malware spread easily and total data can get corrupted.
Many waste their precious time on internet.
Gossips spread easily. The privacy of celebrities is diminishing.
Internet addiction is now one of the modern world problems.
Conclusion :-
Internet is definitely a boon. It brought the world closer and made our lives easier. We should utilize technology to compete with this fast world. But every coin has two sides. It’s up to us to receive good and to leave bad.
Discuss the ethics of the indirect strategy of an organization. Is it manipulative to delay the presentation of the main idea in a message? Explain why or why not.
Indirect strategy is the pattern that is used by organizations to withhold or delay the presentation of some information about their product or services without giving it all out.
Why It Is ManipulativeThe strategy is about delaying the presentation of the main idea of the product or services but it is unethical because it provides misleading information's to customers there by causing them to acquire products or services that may not meet their taste.
The good side to the strategy is that by delaying information of the main idea, it makes the organization to create anticipation among its customers thereby drawing up more expectation and sales from the customers.
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In which sector of agriculture would an
AgLoan Officer be classifed?
A. agribusiness
B. animal systems
C. natural resources and environmental systems
D. power, structure, and technical systems
Answer:
A
Explanation:
The correct answer would be agribusiness.
Agribusiness is a section of the agricultural sector that focuses mainly on the commercial/business side of agricultural production.
Agloan is a short form for agricultural loan. An Agloan officer is best classified under the business side of agriculture because their works have to do with granting loans to farmers for a profit.
The correct option is A.
how does the social scientist view the relationship between the media and the consumer?
Social scientists view the relationship between the media and the consumer as complex and multifaceted.
On one hand, the media is a powerful tool for shaping public opinion and influencing consumer behavior. Social scientists recognize that the media can have a significant impact on how consumers perceive and interact with various products, services, and brands. This is why many companies invest heavily in advertising and media campaigns to promote their products and reach new audiences. On the other hand, social scientists also recognize that consumers are not passive recipients of media messages. Instead, consumers actively interpret and engage with media content, and their responses are shaped by a variety of social, cultural, and psychological factors. This means that the relationship between the media and the consumer is not a one-way street, but rather a dynamic and constantly evolving process. Social scientists study this process to better understand how media messages are constructed, received, and acted upon by consumers.
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A company’s _____ specifies the media vehicles to be used and the schedule for running advertisements.
The factor that specifies the media vehicles and methods to be used by a company to run advertisements is it's media plan.
What is a media plan?This refers to a structured plan that a company comes up with and implements in order to meet their marketing goals.
It involves things like the schedules of adverts to be run, the media vehicles to be engaged, and the type of content that would be most effective.
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True or false genres or categories of repertory, do not necessarily transfer from one society to the next though they may be similar. Music
Answer:
True
Explanation:
Considering the style and function of music in society, researchers have found out that music is used for different specific purposes, in every different society as well.
In other word, there is specific music for specific events, hence, it is TRUE that "genres or categories of repertory, do not necessarily transfer from one society to the next, though they may be similar."
how are you avalon23413?
Answer:
im great
Explanation:
The manufacturer sells the article for a fixed price of $2.00. He guarantees to refund the purchase money to any customer who finds the weight of his article to be less than 8.25 oz. His cost of production is related to the weight of the article by the relation x/15 0.35. Find the expected profit per article.
The expected profit per article for this manufacturer is $1.10.
Data and Calculations:
Fixed selling price per unit = $2.00
Weight = 8.25 oz
Cost of production = x/15 + 0.35
where x = weight
Total cost of production = 8.25/15 + 0.35
= 0.55 + 0.35
= $0.90
Profit per unit = $1.10 ($2.00 - $0.90)
Thus, the expected profit per article is $1.10.
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Review the information in the chart with reasons for and against adding juice boxes to the high school lunch menu.A 2-column table with 3 rows. The 1st column is labeled In Favor of Adding Juice Boxes with entries Juice boxes are an alternative for students with dairy allergies, Juice boxes are an easy way to increase fruit offerings on the menu, and Juice boxes are made from recyclable materials. The 2nd column is labeled Against Adding Juice Boxes with entries The serving size of a juice box is insufficient for high school students, The cafeteria already offers three fruit options as side dishes, and blank.Which statement completes the chart
Answer:
D. Juice boxes contain too much sugar to be considered a nutritious fruit choice
Explanation:
bc it’s the only option against juice boxes
Answer:
D
Explanation:
Because logic... try it sometime
DEFINE BUSINESS COLLABORATION?
_______are independent businesses that do not own the products they sell. They act as intermediaries to brinna
buyers and sellers together
Agents and brokers
Wholesalers
Retailers
Final consumers
Answer:
Agents and brokers
Explanation:
Agents and brokers connect buyers and sellers. They are contracted by either sellers or buyers to help them increase sales or find items to buy. Agents and brokers act on behalf of their clients.
Wholesalers and retailers take ownership of the goods they sell. They first buy the goods, which gives them title to the goods before selling to retailers or consumers. Agent and brokers do not buy goods. They look for buyers or sellers for their clients' merchandise.
savon was suprised to learn that when his business grew and he needed to order more raw materials, the costs of materias and units production were less per item, this demonstrates the concept of
Based on the fact that Savon's business saw less individual costs as the company grew, this is the concept of Economies of Scale.
What is Economies of scale?
It is a phenomenon that is observed when a company grows larger and becomes more efficient.
It is noted that the more goods are produced, the less the individual costs of these goods because the costs will be spread out over more goods than before.
In conclusion, this is economies of scale.
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You have a loan for $200,000 at 8.5% annual simple interest. What is your monthly interest payment?
a.1,239
b.1,311
c.1,417
d.1,508
Answer: 1417
Explanation:
The information can be gotten from the question:
Principal = $200000
Rate = 8.5% = 0.085
Simple interest = PRT
= 200000 × (0.085/12) × 1
= 200000 × 0.0070833
= 1416.6667
= 1416.7
Question 2(Multiple Choice Worth 5 points)
(02.06 MC)
In general, what kind of people earn the most money?
O People with skills that are in high demand and high in supply
O People with skills that are in high demand but low in supply
O People with skills that are in low demand and low in supply
People with skills that are in low demand but high in supply
Can someone please help me with this?
Answer:
Explanation:
45
with a constant money supply, if the demand for money decreases, the equilibrium interest rate and quantity of demand will change in which of the following ways? interest rate quantity of money with a constant money supply, if the demand for money decreases, the equilibrium interest rate and quantity of demand will change in which of the following ways? interest rate quantity of money increase not change increase decrease decrease decrease decrease not change decrease increase
The market's willingness to buy a good or service is appertained to as Demand, while the request's capability to produce a good or service is appertained to as Supply. This is variant E.
The equilibrium interest rate and plutocrat force change if the demand for plutocrat decreases while the plutocrat force stays the same The plutocrat force remains unchanged and the interest rate diminishments.
force and Demand are substantially used to describe the price and vacuity of goods. Because they concertedly determine the prices and amounts of utmost goods and services available in a given request, force and demand have a significant relationship.
Question:
How do the equilibrium interest rate and the money supply change if the demand for money falls if the money supply remains constant?
a) increase, decrease, or not change;
b) decrease, increase, or not change;
c) decrease, decrease, or increase;
d) decrease, increase, or not change;
e) decrease, decrease, or not change
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Can ah budget include donations to charities
Answer:
A common rule of thumb for budgeting for charitable donations uses the concept of the 50/30/20 split for your budget. The other portion is for your wants: About 30 percent of your budget goes into this category, which might include vacations, gifts, or date nights.
To energize employees and inspire excellence, an organization may set ________, which are reasonable yet highly ambitious. Imagine that the American Red Cross Board of Governors sets a goal of increasing online donations by 15 percent year over vear for the next three years. They view this goal as very challenging but achievable. Why might the organization's leaders set such an ambitious goal? Check all that only. A. Stretch goals are a way to maintain results while making incremental improvements, ensuring that stakeholders feel comfortable with the organization's direction. B. to meet goals well beyond what has been accomplished before, members of the organization often find creative and innovative ways to do things. C. Highly ambitious goals can inspire employees and volunteers. D. Setting a goal that seems impossible to many will cause less motivated employees to quit the organization, raising the average level of performance.
The organization's leaders set such an ambitious goal Highly ambitious goals can inspire employees and volunteers.
Briefing:-To meet goals well beyond what has been accomplished before, members of the organization often find creative and innovative ways to do things.
What are some instances of ambitious goals?get a degree from a university.
Develop your expertise in that area.
Aspire to the position of CEO.
Turn into a manager.
assist a startup in starting up.
enlarge your network at the workplace.
What are the goals of ambition?Aspiration is the intense desire to accomplish any objectives you set for yourself. Your inner spark is what drives you to keep working at whatever it is that you're doing. Without it, you wouldn't make progress toward your objectives and, most likely, you wouldn't establish any objectives at all.
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In the context of the management process, organizing is the process of: a. preparing team members to achieve closure and disband b. assigning tasks, allocating resources, and coordinating work activities. c. measuring performance and taking action to ensure desired results. d. motivating team members to increase team cohesiveness to ensure the occurrence of groupthink.
e. setting objectives and determining what should be done to accomplish them.
In the context of the management process, organizing is the process of assigning tasks, allocating resources, and coordinating work activities.
What is included in management process?This involves breaking down larger goals into smaller, more manageable tasks and delegating responsibilities to specific individuals or teams.
It also involves determining the necessary resources needed to accomplish those tasks and coordinating the efforts of various groups to achieve a common goal.
Overall, organizing is an important step in the management process as it helps to ensure that work is completed efficiently and effectively.
By assigning tasks and resources appropriately and coordinating work activities, managers can help their teams to work together more effectively and achieve better results.
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Explain how James can change his farming habits to have a more-productive farm in the following scenario.
James has been losing money on his farm recently, so he has switched to a lower-quality fertilizer of human-made chemicals. As a result, his crops are not growing as well. He is finding it difficult to sell them, causing James to lose even more money.
Answer:
James should switch to a higher-quality fertilizer to ensure his crops grow well.
Explanation:
If he switches to a higher-quality fertilizer, his plants will grow better, and as a result they will sell better.
James can change his farming habits to have a more productive farm by switching to sustainable farming practices that prioritize soil health and natural fertilizers.
Explain how James can change his farming habits ?The use of chemical fertilizers can negatively impact the quality of the soil over time, leading to decreased crop yields and decreased profits.
To start, James could invest in improving the quality of his soil by rotating crops, practicing cover cropping, and incorporating organic matter such as compost into his fields. This will help to improve the health and nutrient content of the soil and lead to healthier crops.
Additionally, James could consider implementing sustainable pest management strategies, such as integrated pest management, to reduce his reliance on harmful chemicals. This will not only benefit the environment but also save James money on expensive pesticides.
Finally, James could explore alternative marketing strategies to sell his crops, such as farmers markets, community-supported agriculture programs, and direct-to-consumer sales. These methods may help James to reach a more interested and engaged audience who value sustainably grown produce.
Overall, by prioritizing soil health, reducing reliance on harmful chemicals, and exploring alternative marketing strategies, James can change his farming habits to have a more productive and profitable farm.
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