Suppose a firm with a production function Q = KL (where MPL = K and MPK = L) is producing 125 units of output by using 5 workers and 25 units of capital. The wage rate (W) per worker is $10 and the rental per unit of capital (R) is $2. What is the firm’s long-run average total cost, and what will it be if output falls to 45 units?

Answers

Answer 1

Answer:

The answer is "rises from $0.80; $1.33".

Explanation:

please find the complete question in the attached file.

Production companies use, as per the estimates, 5 employees and 25 capital units. Its pay rate is 10 $per employee as well as the rate is 2 $per employee. Thus the overall cost of the production of 125 units.

\(\to TC = PL \times L + PK \times K \\\\\)

          \(= 10\times 5 + 2 \times 25 \\\\= 50 + 50 \\\\ = \$ \ 100 \\\)

\(ATC = \frac{TC}{Q}\)

        \(= \frac{100}{125}\\\\= \$ \ 0.80\)

The production has been reduced to 45 unit efficiency, however, the cost is similar. We also measure for optimum labor, thus, ATC also will decrease

\(\to \frac{MPL}{MPK} = \frac{PL}{PK} \\\\\to \frac{K}{L} = \frac{10}{2} \\\\\to K = 5\ L\)

Place it in the production process,

\(\to Q = KL\\\\\to 45 = (5L) L\\\\\to 45 = 5 L^2\)

when  L = 3 and K = 15:

\(\to TC = 3\times 10 + 15 \times 2\\\\\)

           \(= 30 + 30\\\\= 60\)

\(\to ATC = \frac{TC}{Q}\\\\\)

             \(= \frac{60}{45}\\\\= \$ \ 1.33\)

Suppose A Firm With A Production Function Q = KL (where MPL = K And MPK = L) Is Producing 125 Units Of

Related Questions

Kenya is enrolled in 14 credit hours this semester. Using the 2:1 rule, how many hours will she spend total on college schoolwork in class and on her own?
A. 7
B. 21
C. 28
D. 42

Answers

7 hours will she spend total on college schoolwork in class and on her own. Calculator for Credit Hours For a conventional 14-week course, each credit hour equates to at least 3 hours of weekly student involvement and to 6 hours for a 7-week course.

Discussions, lectures, readings, assignments, and research can all be done during this period. The amount of credit a student receives for successfully completing one contact hour and two preparation hours per week for a college semester is known as a semester credit hour (SCH). Regardless of the length of the course, one semester hour is equal to 15–16 contact hours.

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The amount you pay for an insurance policy; can be paid monthly, quarterly, semi-annually, or annually.

Answers

Answer:

Premium

Explanation:

premium is the term used to describe payment made for insurance coverage. Premiums are paid by the policyholder to the insurance company. It is the insurance company that determines how much premiums the insured will be paying. Premiums are paid every end month, bi-weekly, monthly, or yearly as stated in the policy document. In other words, premium is the cost of insurance.

According to growth accounting studies, a country would achieve better results by promoting

Answers

Answer:

I dont really know i nee the points tho sorry hope you find help

Explanation:

Answer: research and education

Explanation:

It has been said that most systems fail because system builders ignore organizational behavior problems. Why might this be so? Add refrence

Answers

organizational behavior problems

Organizational behaviour issues may be overlooked by system builders for a number of reasons, which can ultimately result in system failure.

What do you mean by Organizational behaviour ?

One factor that contributes to this is that some system developers are only concerned with the technical components of a system and may lack knowledge or experience about how human behaviour affects the system.

A mismatch in understanding the organisational needs and potential behavioural difficulties may also result from a lack of interaction and cooperation between both the system developers and also the organization's stakeholders, particularly employees and management.

Organizational behaviour concerns may also be unreported since they are sometimes more challenging to recognise and resolve than technological problems. Complex human connections and cultural norms can play a role in problems with organisational behaviour.

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Which are the top bookkeeping services provider firms in Singapore?

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Some of the top bookkeeping services provider firms in Singapore include sleek, boardroom, etc.

1. Sleek: Sleek offers a range of accounting and bookkeeping services, catering to both startups and established businesses. They provide personalized support and utilize cloud-based software for efficient bookkeeping.

2. Ackenting Group: Ackenting Group offers comprehensive bookkeeping services tailored to various industries. They assist in maintaining accurate financial records, managing accounts payable and receivable, and generating financial reports.

3. Boardroom: Boardroom provides professional bookkeeping services to businesses of all sizes. They offer end-to-end solutions, including data entry, bank reconciliation, and financial statement preparation, ensuring compliance with Singapore's accounting standards.

4. 3E Accounting: 3E Accounting specializes in outsourced bookkeeping services, assisting businesses in maintaining organized financial records and adhering to regulatory requirements. They leverage technology for streamlined processes and efficient reporting.

5. Onestop Accounting: Onestop Accounting offers reliable and cost-effective bookkeeping services. They assist businesses in managing their accounts, preparing financial statements, and ensuring compliance with tax regulations.

These firms have established reputations and expertise in providing high-quality bookkeeping services to businesses in Singapore.

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What happens when borrowers don't repay those loans? Who suffers?
mm

Answers

Answer:

the borrowers they get charged more

The borrowers suffer they are usually charged more

How are productive resources
allocated among people and
businesses in the United States?

Answers

Answer:

see below

Explanation:

America is a good example of a free-market economy. In this type of market, productive resources are allocated through the interaction of a willing buyer and a willing seller. In a market economy, Mutual beneficial exchange of resources through trade is relied upon to solve economic problems. An Individual's self-interest is viewed as a benefit to society.

In a free-market economy like in America, purchasing power determines who owns resources. Resource owners are motivated by profits and other self-interest to engage in production. The forces of supply and demand control activities in a Free Market. Consumers decide what will be produced. In market economies,  operation and acquisition of resources is by the freely and self-directed interaction between consumers and producers.

A household consist of a married couple, their twin 3-year-old sons, and their twin 8-year-old son’s. The couples children had no income and live with their parents all of last year. How many exemptions can a couple claim on the last year’s tax return if they file with the married file jointly status.
A. 5
B. 6
C. 3
D. 4

Answers

The family consists of a wife and husband as well as 3- and 8-year-old identical twin children. The children of the marriage qualified for five tax exemptions because they spent the whole previous year home with its parents and receiving no income.

What tax benefits are there for married couples?

Its Earned Income Tax, Child and Dependency Care Tax Credit, American Achievement and Lifetime Learning Learning Tax Credits are just a few of the tax credits that wedded couples filing jointly might well be eligible for that they would not otherwise be if they filed separately.

What's the distinction between filing status and separately as a married couple?

When both you and your partner file your taxes jointly, all of your income and deductions are included on one tax return. When you file your taxes separately as a married couple, you split your income and deductions.

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what are the challenges associated with not being ‘tech savvy’ in 2023?

Answers

As the world keeps advancing technologically, being tech-savvy becomes increasingly important. However, not being tech-savvy in 2023 may pose a lot of challenges. Some of these challenges are :Job Market, Learning,Communication,Security.

Job Market: In 2023, there will be more tech-based jobs than there currently are. Being not tech-savvy would make it difficult for an individual to secure employment in such sectors. This means that those who are not tech-savvy would be limited to jobs that require no technical skills.Learning: Due to the increased importance of technology, those who are not tech-savvy would find it challenging to learn new things. This means that they would be unable to benefit from new technology, apps, and software that are released in the market. They may also face difficulties while navigating technology-based environments.Communication: In 2023, communication will be more technology-driven than ever before. Those who are not tech-savvy may find it challenging to communicate with others effectively. This may lead to miscommunication and misunderstandings which could impact personal and professional relationships.Security: Cybersecurity is a significant concern in today's world. Not being tech-savvy could make it difficult for an individual to secure their information, devices, and accounts. This could lead to loss of data, identity theft, and other forms of cybercrime.

In conclusion, being tech-savvy in 2023 is essential to success, as the world will be driven by technology. Those who do not embrace technology may find themselves limited in terms of employment opportunities, communication, and personal security.

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can a 70-year-old father be claimed as a dependent by his son on his taxes.
.

Answers

No, a 70-year-old father cannot be claimed as a dependent by his son on his taxes. To be eligible to be claimed as a dependent on someone else's taxes, the person must be a qualifying child or a qualifying relative. The person must meet certain criteria, including:

Must be a U.S. citizen, U.S. resident alien, U.S. national, or a resident of Canada or Mexico.

Must not have provided more than half of their own support during the tax year.

Must not have earned more than the applicable dependency exemption amount, which for 2021 is $4,000.

Must not be claimed as a dependent by someone else.

A 70-year-old father is not considered a qualifying child and may or may not meet the criteria to be considered a qualifying relative, but since he is not a qualifying child, he cannot be claimed as a dependent by his son on his taxes.

Measure the angle in degrees.

Measure the angle in degrees.

Answers

Answer:

45°

Explanation:

If you look at it since the is backward due to the angle 180 would represent 0 and the 140 would be 40 so it is between the 140 and 130 marks so it is 45°.

One major advantage of organizing a business as a sole proprietorship is
that:
A. the owner has total control over the company.
B. the company has an unlimited life span.
C. legal liability is spread among many people.
D. it is easy to quickly raise large amounts of capital.

Answers

Answer:

A

Explanation:

the owner has total control over the company

One major advantage of organizing a business as a sole proprietorship is that the owner has total control over the company.

What is sole proprietorship?

A sole proprietorship is an unincorporated business that is also known as a sole trader or a proprietorship with only one owner who is responsible for paying personal income tax on the company's profits. Since it's not essential to register a distinct business or trade name, many sole owners operate under their own identities. Due to a lack of governmental oversight, a sole proprietorship is the most straightforward type of business to start or dissolve. As a result, consultants, sole proprietors, and other freelancers frequently operate these kinds of enterprises. The majority of small firms begin as sole proprietorships, grow, and ultimately convert to a corporation or limited liability entity.

The quickest and easiest way to start a firm with just one owner is through a sole proprietorship. As soon as you start operating your business, you become a sole proprietor. It is the best approach for new self-employed individuals to get started because it doesn't need submitting federal or state forms and has little regulatory constraints.

In that no separate legal organization is created, a single proprietorship differs significantly from a corporation (corp. ), limited liability company (LLC), or limited liability partnership (LLP). As a result, the proprietor of a sole proprietorship is not immune from the obligations imposed by the business.

The key advantages of a sole proprietorship are the pass-through tax benefit, the simplicity of formation, and the minimal startup and ongoing costs.

A sole proprietorship has several drawbacks, including unrestricted liability that extends beyond the business to the individual and the challenge of acquiring capital backing, particularly through recognized methods such issuing shares and securing bank loans or lines of credit.

Therefore, business owners who operate as sole proprietors start out as an entity with limitless liability. As the company expands, they frequently switch to a limited liability entity that does provide some level of protection to the owners.

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The following table lists the components needed to assemble an end item, the manufacturing or purchase lead times (in weeks) for typical lot sizes, amount on hand, and the direct components of each item and, in brackets, the number of each component for each parent.



Item Lead Time Amount on

Hand Direct

Components

End item 1 - L(2), C(1), K(3)

L 2 10 B(2), J(3)

C 3 15 G(2), B(2)

K 3 20 H(4), B(2)

B 2 30

J 3 30

G 3 5

H 2 -
If 40 units of the end item are to be assembled, how many additional units of B are needed? (You don’t need to develop the MRP tables.)
An order for 40 units of the end item is scheduled to be shipped at the start of week 8. What is the latest week that the components of the order can be started and the order still be ready to ship on time? (You don’t need to develop the MRP tables.)

Answers

Answer:

first question:

in order to produce 40 units of the end item you need:

40 units of L: only have 10 on hand, so you need to produce 30 more40 units of C: only have 15 on hand, so you need to produce 25 more40 units of K: only have 20 on hand, so you need to produce 20 more

in order to produce L, C and K you need 75 units of B but only have 30 on hand, so you would need to buy 45 units of B.

second question:

you need 1 week to produce the 40 units of the end unityou need 3 weeks to produce L, C and K (C and K both take 3 weeks to produce or acquire)you need 3 weeks to produce or acquire B. J. G. H (G is the component that takes longer to produce or acquire out of these 4)total production time for 40 units of end item = 7 weeks

since the order is due at the start of the 8th week, you need to start this week.

Which are the four functions motor freight terminals usually serve?

Answers

Answer:

The main function of a terminal is to handle and transship freight or passengers since modes are physically separated. They have a nominal capacity which is related to the amount of land they occupy and their level of technological, labor and managerial intensity.

Explanation:

Modes are physically separated, a terminal's primary purpose is to handle and transship freight or passengers. They have a nominal capacity that depends on how much land they occupy and how intensely they employ technology, labor, and management.

What is terminals?

Having facilities for handling passengers and freight at either end of a carrier line. A freight or passenger station that is strategically located or acts as a junction with other lines at any point.

Since modes are physically separated, the main purpose of a terminal is to handle and transship freight or passengers.

Thus, Modes are physically separated, a terminal's primary purpose is to handle

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The Waterfall Buffet is self-service. From 9:00 a.m. to 12:00 p.m. customers arrive at the buffet
at a rate of five per minute; from 12:00 a.m. to 4:00 p.m the gallery is closed; and from 4:00 p.m. to closing at 9:00 p.m., at a rate of six per minute (Poisson distributed). All the customers take about the same amount of time to serve themselves and proceed to the buffet. Once a customer goes through the buffet, it takes an average of 0.4 minute (exponentially distributed) to pay the cashier. The gallery does not want a customer to have to wait longer than one minutes to pay. The gallery plan to set up three cashiers. Will this number be adequate to meet the
waiting policy?

Answers

Three cashiers may not be adequate to meet the waiting policy during peak hours. Galleries may need to hire additional cashiers or take other measures to reduce customer wait times during peak hours.

How did we arrive at this assertion?

To gallery whether three cashiers are sufficient to enforce the waiting policy, we need to calculate the estimated wait time for customers at the counter.

Determine the average number of customers per minute at the buffet for each time period.

9:00 AM - 12:00 PM: λ1 = 5 customers/minute

16:00 - 9:00: λ2 = 6 customers/minute

It is closed between 12:00 and 16:00, so no guests. Apply Little's law to determine the average number of customers in the system.

L = λW

where L is the average number of customers in the system, λ is the arrival rate, and W is the average time spent in the system.

Assuming that customers spend the same amount of time at the buffet as at checkout, the average system time can be determined as follows:

W = 2 × 0.4 min = 0.8 min

So the average number of customers in the system is:

L1 = λ1 × W = 5 customers/min × 0.8 min = 4 customers

L2 = λ2 × W = 6 customers/min × 0.8 min = 4.8 customers

The M/M/c queuing model is then used to determine the expected wait time at the cashier. Arrival at Poisson, service time allocated exponentially and three cash (c = 3)

wq = (ρ ^ c / c / c! × (c × λ)) / (1 -ρ)

Here ρ = μ / (C × μ + λ) traffic resistance and μ = 1 / 0.4 minutes = 2.5 consumer / min.

Use the above value and evaluate the waiting waiting time.

ρ1 = λ1 / (c × mμ) = 5 customer / min / min / (cash × consumers / min) = 0.67

ρ2 = λ2 / (c × μ) = 6 client / division / (3 cash cash, × 2.5 consumer / min) = 0.8

Wq1 = (0.67 ^ 3/6 × 3/6 × (3 × 2.5 consumers / minute customer / min) / (1-0.67) = 0.14 minutes

Wq2 = (0.8 ^ 3/6 × (3 × 2.5 consumers / minutes consumers / minutes) / (1-0.8) = 0.64 minutes

We will add the waiting time expected to the cashier to consume the expected time for the customer.

Tq1 = 0.88.8 minutes + 0.14 minutes = 0.94 minutes

Tq2 = 0.8 minutes + 0.64 minutes = 1.44 minutes

According to this calculation, the expected waiting time is 9-12. Less than a minute coincides with atmospheric policy. However, the estimated waiting time for customers is between 16:00 and 21:00. More than 1 minute non-compliance with the waiting policy.

Therefore, 3 cashiers may not be enough to enforce the waiting policy during peak hours.

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The Sandhill Hotel opened for business on May 1, 2022. Here is its trial balance before adjustment on May 31. SANDHILL HOTEL Trial Balance May 31, 2022 Debit Credit Cash $ 2,463 Supplies 2,600 Prepaid Insurance 1,800 Land 14,963 Buildings 71,200 Equipment 16,800 Accounts Payable $ 4,663 Unearned Rent Revenue 3,300 Mortgage Payable 37,200 Common Stock 59,963 Rent Revenue 9,000 Salaries and Wages Expense 3,000 Utilities Expense 800 Advertising Expense 500 $114,126 $114,126 Other data: 1. Insurance expires at the rate of $360 per month. 2. A count of supplies shows $1,070 of unused supplies on May 31. 3. (a) Annual depreciation is $3,000 on the building. (b) Annual depreciation is $2,400 on equipment. 4. The mortgage interest rate is 6%. (The mortgage was taken out on May 1.) 5. Unearned rent of $2,510 has been earned. 6. Salaries of $860 are accrued and unpaid at May 31. (a) (b) (c) (d1) (d2) (d3) (e)

Answers

Answer:

1. Journalize the adjusting entries on May 31:

                                                             Debit                 Credit

1. Insurance Expense                          $360

  Insurance Prepaid                                                    $360

  To record insurance expense for the month.

2. Supplies Expense                              $1,530

   Supplies Account                                                    $1,530

   To record supplies expense for the month.

3a. Depreciation Expense - Building      $250

3b. Depreciation Expense - Equipment $200

     Accumulated Depreciation - Building                $250

     Accumulated Depreciation - Equipment           $200

     To record depreciation charge for the month.

4. Mortgage Interest Expense               $186

   Mortgage Interest Payable                                   $186

    To accrue mortgage interest, 6% for 1 month.

5. Unearned Rent Revenue                  $2,510

   Rent Revenue                                                     $2,510

   To record rent earned.

6. Salaries & Wages Expense               $860

   Salaries & Wages Payable                                  $860

   To accrue salaries at May 31.

2. Prepare a ledger using the three-column form of account. Enter the trial balance amounts into the balance column and then post the adjusting entries:

No. Description                       Debit           Credit         Balance

1.     Prepaid Insurance:

      As per Trial Balance                                                   $1,800

      Insurance Expense                                $360            $1,440

      Insurance Expense:

      Prepaid Insurance           $360                                  $360

2.    Supplies Account:

      As per Trial Balance                                                   $2,600

      Supplies Expense                               $1,530             $1,070

     Supplies Expense:

     Supplies Account          $1,530                                   $1,530

3a. Depreciation Exp. - Building $250                              $250

     Accumulated Deprec-Building              $250              $250

 

3b. Depreciation Exp.- Equipment $200                           $200

     Accumulated Depre- Equipment              $200          $200

4. Mortgage Interest Expense     $186                               $186

   Mortgage Interest Payable                          $186           $186

5. Unearned Rent:

   As per Trial Balance                                                      $3,300

   Rent Revenue                           $2,510                            $790

   Rent Revenue:

   As per Trial Balance                                                      $9,000

   Unearned Rent                                         $2,510         $11,510

6. Salaries & Wages Expense:

   As per Trial Balance                                                      $3,000

   Salaries & Wages Payable     $860                                 $860

  Salaries & Wages Payable:

  Salaries & Wages Expense                           $860         $860        

3. Prepare an adjusted trial balance on May 31, 2022:

                                                    Debit               Credit

Cash                                        $2,463

Supplies                                     1,070

Supplies Expense                     1,530

Prepaid Insurance                     1,440

Insurance Expense                     360

Depreciation - Building              250

Depreciation - Equipment         200

Accumulated Depr-Building                                   250

Accumulated Depr-Equipment                              200

Mortgage Interest Expense        186

Mortgage Interest Payable                                     186

Land                                        14,963

Buildings                                 71,200

Equipment                              16,800

Accounts Payable                                             $ 4,663

Unearned Rent Revenue                                       790

Mortgage Payable                                             37,200

Mortgage Interest Exp              186

Mortgage Interest Payable                                    186

Common Stock                                                 59,963

Rent Revenue                                                     11,510

Salaries and Wages Expense 3,860

Salaries & Wages Payable                                    860

Utilities Expense                        800

Advertising Expense                 500

                                          $115,808            $115,808

4. Prepare an income statement for the month of May:

Rent Revenue                         $11,510

Expenses:

Supplies                  $1,530

Insurance                   360

Salaries & Wages    3,860

Utilities Expense        800

Advertising Expense  500

Depreciation:

   Building                   250

   Equipment              200

Mortgage Interest     186        (7,686)

Net Income                             $3,824

5. Prepare an owner’s equity statement for the month of May:

Common Stock                    $59,963

Retained Earnings                   3,824

Total Equity                         $63,787

6. Prepare a balance sheet at May 31:

Assets:

Cash                                        $2,463

Supplies                                     1,070

Prepaid Insurance                    1,440

Land                                        14,963

Buildings                                 71,200

Equipment                              16,800

Total Assets                      $107,936

Liabilities + Equity:

Accounts Payable                $4,663

Unearned Rent Revenue         790

Mortgage Interest Payable       186

Salaries & Wages Payable       860

Accumulated Depreciation:

  Building                                 250

   Equipment                           200

Mortgage Payable              37,200

Common Stock                  59,963

Retained Earnings                3,824

Total Liabilities +Equity $107,936

Explanation:

a) Adjusting entries are end-of-the-period journal entries used to recognize income or expenses that occurred but are not accurately displayed in your records.  They are made to comply with the accrual concept and the matching principle, which demand that expenses and income should matched to the period they were incurred, whether paid for or not.

b) The three-sided ledger accounts show the debit, credit, and balance columns.  This means that it shows the balance per transaction of any particular account.

c) Mortgage interest is calculated as (6% of $37,200)/12, so as to accrue for one month only.  Other expenses are calculated for one month only.

Match the word to the correct definition. 1. alignment the horizontal placement of text on the page 2. shortcut a special combination of keys that tells the computer to perform a command 3. columns using your mouse to drag across text; this causes the text and background to change color and become selected 4. highlight vertical sections of text separated by blank space

Answers

Answer:

1432 is the order

Explanation:

hope this helps

Answer:  1432 is the order.

Hope this helps you! :^}

Q1: What are the strategically relevant components of the pizza
restaurant segment of the U.S. quick service restaurant industry
macro-environment?

Answers

The strategically relevant components of the pizza restaurant segment of the U.S. quick service restaurant industry macro-environment are as follows:

Technological advancements: In recent years, the pizza industry has seen technological advancements, including the ability to place online orders, which can result in increased customer convenience. Many pizza restaurants have mobile apps that customers can use to order food, making it easier to use their services. Online advertising has also been used by pizza restaurants to reach new customers.

Environmental factors: Pizza restaurants need to consider the effect of weather changes on sales. Extreme weather events can affect sales as people tend to avoid ordering food when they cannot go out of their homes. Pizza restaurant owners need to evaluate how they will deal with such instances.

Demographic factors: Demographics play a crucial role in the success of pizza restaurants. The pizza restaurant industry targets a broad range of customers and has a significant customer base among younger customers. In recent years, there has been an increase in health-conscious customers, leading to changes in the pizza industry, including the addition of new healthy menu items.

Socio-Cultural factors: The pizza industry has experienced increased competition from new entrants such as gourmet pizza restaurants. The preference of customers for the type of pizza and the eating experience has also changed. People prefer pizzas that are customized to their taste buds, including the type of crust and toppings.

Political/Legal factors: Pizza restaurants need to comply with government regulations such as health and safety standards, as well as taxes. The pizza industry is also affected by regulations on labor practices and food labeling requirements.

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Unethical practices can take place during recruitment. Explain

Answers

Explanation:

1. Rusing :

rusing occurs when a recruiter assumes an alias during a phone call to a potential clients or candidate, Most often to convince a gatekeeper that deer call to a sincere cooperate leader is personal confident and / or urgent .

2. Double Rusing :

as with other business discipline there is a such of things as conflict of interest. for example as a recruiter at an agency, you don't recruit candidates from clients who are you to feel other jobs it's just common courtesy and common sense .

How can entrepreneurship improve people’s quality of life?

Answers

Answer:

Through offering unique goods and services, entrepreneurs break away from tradition and reduce dependence on obsolete systems and technologies. This can result in an improved quality of life, improved morale, and greater economic freedom.

Explanation:

During step 3 of activity-based costing, activity overhead cost pool rates are used to assign overhead costs to final cost objects. Proper determination of activity rates depends on all of the following: proper calculation of total overhead costs proper assignment of costs to cost objects proper determination of factors which drive costs proper measurement of activities Rate your confidence to submit your answer.

Answers

Answer:

HEY

Explanation:

Caleb wants to start a business in the health and wellness industry, but before taking the time and effort to create this business, he should know how this business sector has recently performed and where it is headed. Basically, Caleb needs to educate himself on _____.
Group of answer choices

industry trends

marketing materials

tax practices

Human Resources

_____ accountants prepare financial information for people who are both inside and outside the company to assess if the company is performing well.
Group of answer choices

Inspection

Quarterly

Financial

Managerial

If Cameron prepares information—such as reports on costs and operations—for the use of employees only, what type of accountant is he?
Group of answer choices

Managerial

Financial

Tax-specific

Educational

Jonathan and his partner Drew understand they need to create a document to address stipulations for working with their vendors who supply building materials and home decor staging products for their home show. While drafting a contract, what key principles should Jonathan and Drew remember?
Group of answer choices

Professional representation; legal structure

Exchange of value; offer and acceptance

Legal structure; exchange of value

Offer and acceptance; professional representation

Answers

In order to know how the business has performed recently, Caleb should educate himself on industry trends.

Financial accountants prepare financial information for people who are both inside and outside the company.

If Cameron prepares information for employees only, the type of accountant he is Managerial accountant.

The key principles that Jonathan and Drew should remember are Exchange of value; offer and acceptance.

What should Caleb do?

It would be best if Caleb was knowledgeable about the business he wants to go into so that he can know if he can make a profit of a loss from the industry. He should therefore try to learn about the trends in the industry.

What type of accountants are there?

Financial accountants are those who prepare the financial statements of a company according to known accounting standards such as IFRS and U.S. GAAP because these statements will be used by people both inside and out of the company.

Management accountants on the other hand, make reports that help employees make decisions about the company and are not meant for external stakeholders.

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Question 5 of 10
Which of the following is one way that land contributes to production?
A. Energy from the environment fuels production.
B. Tools are created by humans to aid production.
C. Roads allow for the transportation of goods.
D. Ideas are needed to figure out how to use natural resources.
SUBMIT

Answers

Answer:

the first option is the correct one

Andriana Rodriguez is applying for a loan. As she is filling out the paperwork, she comes across a question about her age, which Andriana does not fill in.
Which consumer protection law best supports Andriana's decision to leave this field blank?
- the Equal Credit Opportunity Act (ECOA)
- the Home Mortgage Disclosure Act (HMDA)
- the Truth in Lending Act (TILA)
- the Truth in Savings Act (TISA)

Answers

Answer:

ECOA

Explanation:

ECOA Prohibits discrimination based on age (provided they have the capacity to contract)

The team’s engagement score was 4.80 this month. The score has been improving at a rate of 10% per month. What was the score 5 months ago?

Answers

Based on the current score and the rate of increase, the score 5 months ago must have been 2.98.

What was the score 5 months ago?

Assume the score 5 months ago was x. This means that the above can be expressed as:

Current score = x × ( 1 + rate) ^ number of months

4.80 = x × (1 + 10%)⁵

4.8 = x × 1.1.61051

x = 4.8 / 1.61051

= 2.980

In conclusion, the score was 2.98.

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After the U.S. film Django Unchained was recut and released in China, it performed poorly, partly because Chinese filmgoers had already seen the unedited film on DVD. What disadvantage of competing globally does this situation reflect?

Answers

The Sony Pictures Entertainment film was pulled from theaters April 11 -- the day it premiered -- with officials in China offering no reason for the move. However, after the Quentin Tarantino picture underwent an edit, which excised a handful of graphic sequences, China’s State Administration for Radio, Film and Television (SARFT) allowed it back into theaters about a month later.

But since it was re-released May 12, “Django Unchained” has attracted few moviegoers, grossing just $2.75 million, according to Sony. The poor performance in China -- the world’s second-largest film-going market behind North America -- is in stark contrast to the movie’s global success: “Django” grossed $424 million worldwide, including $163 million domestically.

The situation of Django Unchained's release in China after a month tuning out to be a poor-performing one, mainly because of the fact disadvantage of global access when competing globally.

What is the significance of global competition?

Global competition can be referred to or considered  as a situation wherein a firm or an organization has a direct competition with the other players in the industry on a global scale. Liberalization leads to be an advantage for global competition, but not in all cases.

One of the main disadvantages that liberalization that global competition brings is the one of eased global access. This also led to failure of the film Django Unchained in China, which released a month in the country a month after its global release.

Therefore, the significance of global competition has been aforementioned.

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Assuming that you are going to start a small business in a promising industry of your mother country. Please write a thesis on your start-up company, which should show your applications of the knowledge learned in this class. It should have some brief description about the four functions of management, i.e., Planning, Organizing, Leading and Controlling, in your company. Besides, you should address some specific issues, such as (but not limited to) the following issues:

(1) Strategies for growing your business,

(2) Goals of your company,

(3) Organization structure of your company,

(4) Plan to get the talented employees,

(5) Plan to lead your employees,

(6) Plan to develop effective groups,

(7) Ways of managing innovations and changes in your company,

(8) Operations management issues,

(9) Other management issues, which are important for your start-up company

and are relevant to our Business Foundation class.

Other requirements: 2000 – 3000 words. Absolutely no plagiarism. At least one Illustration figure and one Table is needed. Be careful about the format and structure of the final thesis.

Answers

It's thrilling and difficult to launch a new firm in a promising sector. To guarantee the company's success, meticulous planning, good organization, powerful leadership, and efficient control are necessary. This thesis argues .

What is Planning and Leading ?

Planning:

Step: We'll concentrate on a few crucial tactics in order to accomplish this goal. First, we'll set ourselves apart from the competition by providing special and avant-garde products that cater to our target demographic. By delivering outstanding customer service and support, we will also put a lot of effort into cultivating long-lasting connections with our partners and clients.

As a result, we will be able to respond swiftly to shifting market conditions.

We will provide competitive salary packages and a supportive work environment in order to draw in and keep top people.

Leading

, it takes meticulous preparation, effective organization, powerful leadership, and effective control to launch a small business in a promising sector. I am convinced that by putting the information taught in this Business Foundation class to use, my start-up business will be well-positioned to attain sustainable .

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When actual output exceeds potential, firms have an easy time keeping production in line with the high demand. Firms therefore lower their prices by more than the usual amount in an attempt to cover increased production costs. When actual output falls below potential, firms easily keep production in line with the high demand. Firms therefore raise their prices by more than the usual amount in an attempt to cover increased production costs. When actual output exceeds potential, firms struggle to keep production in line with the high demand. Firms therefore raise their prices by more than the usual amount in an attempt to cover increased production costs. When actual output exceeds potential, firms struggle to keep production in line with the high demand. Firms therefore lower their prices with decreased production costs.

A. True
B. False

Answers

Answer: When actual output exceeds potential

Firms raise their prices by more than the usual amount in an attempt to cover increased production costs.

Explanation: The price level rises because employers have to raise wage rates to entice more people into the labor market and employers have to pay more for other inputs that become more expensive to produce.

A major drawback with lot-for-lot sizing is?
a) high setup costs
b) low investment costs
c) low setup costs
d) high capital investments

Answers

Answer:

c is the answer I think because I just think

Which companies spend the most money on advertising? Business Insider maintains a list of the top-spending companies. In 2014, Procter & Gamble spent more than any other company, a whopping $5 billion. In second place was Comcast, which spent $3.08 billion (Business Insider website, December 2014). The top 12 companies and the other company, a amount each spent on advertising in billions of dollars are as follows
Company Advertising Company Advertising
Protect and gamble 5.00 American Express 2.19
Comcast 3.08 Genaral motors 2.15
at&T 2.91 Toyota 2.09
Ford 2.56 Fiat chrysler 1.97
Verizon 2.44 Walt Disney Company 1.96
Loreal 2.34 J.P Morgan 1.88
a. What is the mean amount spent on advertising? (to 2 decimals)
b. What is the median amount spent on advertising? (to 3 decimals)
c. What are the first and third quartiles? First Quartiles (to 1 decimals) Third Quartiles (to 4 decimals)

Answers

Answer:

a. What is the mean amount spent on advertising?

$2.55 billion

b. What is the median amount spent on advertising?

$2.265 billion

c. What are the first and third quartiles?

first quartile = $2.04 billionthird quartile = $ 3.055 billion

Explanation:

Company    Advertising expense (in $ billion)

Procter and Gamble 5.00

American Express 2.19

Comcast 3.08

General Motors 2.15

AT&T 2.91

Toyota 2.09

Ford 2.56

Fiat Chrysler 1.97

Verizon 2.44

Walt Disney Company 1.96

Loreal 2.34

J.P. Morgan 1.88

total $30.57 billion

mean $2.55  billion

median is between $2.19 and $2.34 ⇒( $2.19 + $2.34) / 2 = $2.265

first quartile = ($1.88  + $1.96 + $1.97 + $2.09 + $2.15 + $2.19) / 6 =  $12.24 / 6 = $2.04

third quartile = ($2.34  + $2.44  + $2.56  + $2.91 + $3.08  + $5) / 6 = $18.33 / 6 = $3.055

a. The mean amount spent on advertising is $2.55 billion

b. The median amount spent on advertising is $2.265 billion

c. The first and third quartiles is

first quartile = $2.04 billion

third quartile = $ 3.055 billion

The calculation is as follows:

Company    Advertising expense (in $ billion)

Procter and Gamble 5.00

American Express 2.19

Comcast 3.08

General Motors 2.15

AT&T 2.91

Toyota 2.09

Ford 2.56

Fiat Chrysler 1.97

Verizon 2.44

Walt Disney Company 1.96

Loreal 2.34

J.P. Morgan 1.88

total $30.57 billion

mean $2.55  billion

median is between $2.19 and $2.34

= ( $2.19 + $2.34) ÷  2

= $2.265

first quartile = ($1.88  + $1.96 + $1.97 + $2.09 + $2.15 + $2.19) ÷ 6

=  $12.24 ÷ 6

= $2.04

third quartile = ($2.34  + $2.44  + $2.56  + $2.91 + $3.08  + $5) ÷ 6

= $18.33 ÷ 6

= $3.055

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