The "reduce obesity" politicians must believe the elasticity of demand for sugary beverages is b) Elastic.
Elasticity of demand measures the responsiveness of quantity demanded to changes in price. When demand is elastic, a small change in price leads to a relatively larger change in quantity demanded. In the context of sugary beverages, if the demand is elastic, it means that consumers are sensitive to price changes, and a tax on sugary beverages would likely result in a significant decrease in quantity demanded.
The "reduce obesity" politicians believe that by taxing sugary beverages, the price will increase, and as a result, consumers will reduce their consumption of these beverages. This decrease in quantity demanded is expected to contribute to a reduction in obesity rates.
Their belief in the effectiveness of the tax as a means to reduce obesity relies on the assumption that demand is elastic, indicating that consumers are responsive to changes in price and likely to alter their behavior in favor of healthier alternatives.
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Based on the graph shown above, which of the following is the equallibrium quantity and price at which the compony should sell the truck
Based on the graph shown above, the following is the equilibrium quantity and price at which the company should sell the truck: option B. 300 trucks at $6 per truck
What is an equilibrium quantity and price?In economics, an equilibrium quantity and price refers to a state in which the quantity of a good or service that a seller is willing to supply is equal to the quantity that a buyer is willing to demand, and the price at which this transaction occurs is the equilibrium price. This is also known as market equilibrium.
At the equilibrium price, there is no surplus or shortage of the good or service, and the market is said to be in balance. If the price is higher than the equilibrium price, there will be a surplus of the good or service, and if the price is lower than the equilibrium price, there will be a shortage.
The equilibrium quantity and price are determined by the interaction of supply and demand in a market. When the supply and demand curves intersect, the equilibrium quantity and price are established.
Therefore, the correct answer is as given above
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The complete question goes thus:
A toy company created a new truck to offer to consumers.
Based on the graph shown above, which of the following is the equilibrium quantity and price at which the company should sell the truck?
A. 200 trucks at $8 per truck
B. 300 trucks at $6 per truck
C. 400 trucks at $8 per truck
D. 200 trucks at $4 per truck
Karan agrees to sell the product of his field to Raman on 1st February 2023. On 1st January 2023, the state government makes a Law to purchase all the crops from the producers. Here in spite of the desire to sell the produce to Raman, Karan is rendered helpless, and performance is made impossible by law. Â On basis of which principle, the contract is termed void?
The contract between Karan and Raman is termed void based on the principle of "Supervening Impossibility."
This principle states that a contract becomes void when its performance is made impossible by a change in circumstances that is beyond the control of the parties involved. In this case, the change in circumstances is the Law made by the state government to purchase all the crops from the producers.
As a result, Karan is rendered helpless and unable to sell the product of his field to Raman as previously agreed upon. Therefore, the contract is termed void due to Supervening Impossibility.
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A credit score is based in part on...
a. employment and race
b. income and location
c. employment and trust
d. payment history and total debt
Answer:
d. payment history and total debt
Explanation:
A credit score shows how reliable a borrower is in meeting their debt obligations. It is a measure of a customer's creditworthiness. A high credit score signifies a customer is good and prompt in repaying their debts.
A customer's credit history influences a credit score. When tabulating a credit score, timely installments payments, not missing on installments, and prompt loan repayment have a considerable weight. Credit history is essentially the backbone of credit score.
for which of the following to work must both parties be online at the same time, and the receiver of a message be willing to accept messages?
In instant messaging, both parties are online at the same time, and the receiver of a message is willing to accept the messages.
A message is a discrete unit of conversation intended with the aid of the supply for intake by way of a few recipient or group of recipients. A message can be added by numerous way, along with courier, telegraphy, service pigeon and digital bus. A message can be the content material of a broadcast. An interactive change of messages bureaucracy a communication. One instance of a message is a press release, which may additionally range from a quick document or assertion launched by using a public business enterprise to industrial exposure cloth.
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as a business within the company, hr has three product lines, one of which involves contributing to the company's strategy by understanding how hr can provide a competitive advantage. this is known as .
As the product lines involves contributing to the company's strategy by understanding how hr can provide a competitive advantage, this is known as being a strategic partner.
What is a strategic partner?These are partners involves in the sharing of resources to help all involved succeed. They are usually non-competing businesses and often share both the risks and rewards of the decisions of both companies.
Most time, the ultimate goal of the strategic partnership is to create value for each company by offering information, services and other resources that the other firm either has no access to or could only access through some form of financial exchange.
Therefore, this strategy is known as being a strategic partner.
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How are convertible bonds accounted for in calculating Enterprise Value?
Convertible bonds are accounted for in calculating Enterprise Value by first removing their impact on a company's market capitalization and then adding them back as debt. Here is a step-by-step explanation:
1. Calculate the company's market capitalization by multiplying the current share price by the total number of outstanding shares.
2. Identify the value of the convertible bonds issued by the company.
3. Remove the impact of the convertible bonds on the market capitalization by calculating the in-the-money value. To do this, determine the number of shares that would be issued if all the convertible bonds were converted into equity. Multiply this number by the current share price and subtract this amount from the market capitalization.
4. Calculate the company's net debt by adding its total debt (including the value of the convertible bonds) and subtracting its cash and cash equivalents.
5. Finally, calculate the Enterprise Value by adding the adjusted market capitalization from step 3 and the net debt from step 4.
In summary, convertible bonds are accounted for in calculating Enterprise Value by adjusting the market capitalization and adding them back as debt.
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Find the EAR in each of the following cases: Input area: Output area: Stated rate (APR) Compounding periods per year Effective rate (EAR) 7.80% 4 8.03% 15.30% 12 16.42% 12.40% 365 13.20% outline excel formulas please
The Effective Annual Rate (EAR) of 13.20%.
To calculate the Effective Annual Rate (EAR) in Excel, you can use the formula "= (1 + APR/Number of compounding periods)^(Number of compounding periods) - 1".
Case 1:
Stated rate (APR): 7.80%
Compounding periods per year: 4
In Excel, enter the following formula:
= (1 + 7.80%/4)^(4) - 1
This will give you the Effective Annual Rate (EAR) of 8.03%.
Case 2:
Stated rate (APR): 15.30%
Compounding periods per year: 12
In Excel, enter the following formula:
= (1 + 15.30%/12)^(12) - 1
This will give you the Effective Annual Rate (EAR) of 16.42%.
Case 3:
Stated rate (APR): 12.40%
Compounding periods per year: 365
In Excel, enter the following formula:
= (1 + 12.40%/365)^(365) - 1
This will give you the Effective Annual Rate (EAR) of 13.20%.
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what are your goals when writing a letter denying credit? check all that apply. avoiding language that causes hard feelings including disclosures that could cause a lawsuit raising false expectations avoiding disclosures that could cause a lawsuit answer
When writing a letter denying credit, the goals are avoiding language that causes hard feelings, avoiding disclosures that could cause a lawsuit, and raising false expectations.
What is the meaning of the term "credit denial"? Credit denial is the act of refusing to grant a request or loan application. It's a negative response to a request or loan application that's been filed. A credit denial notice or letter is a written notice sent to the borrower or applicant indicating that their request or application for a loan, credit card, or other credit-based financial product has been rejected.
The notice will include the reasons why the borrower was denied, the source of the credit report, and a statement informing the borrower of their right to obtain a free copy of their credit report from the source within 60 days.
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The Maritime Transportation System (MTS) is one of the most vital resources to the world’s economy. This system boasts the ability to transport millions of tons of cargo in the most efficient method possible. Utilizing the waterways to ship goods makes up 90% of goods shipped around the world (Christopher, 2009, p. 24). As we can imagine we must protect our ports from attack and sabotage. The United States currently has 95,000 miles of coastline, 370 Ports, 25,000 miles of navigable waterways, 236 locks, 3,700 marine terminals and 16,000 containers enter our country’s ports every day. All ports must follow Title 33 CFR part 105 which requires these facilities to possess security to prevent unauthorized people or materials from entering the country.
The events of September 11th are forever burned into our minds, but this attack ultimately led to many improvements including the Maritime Transportation Security Act (MTSA) which bolstered security requirements to avoid a significant port attack which was considered likely at the time due to poor port security. In addition, the International Maritime Organization (IMO) provided updated regulations from the Safety of Life at Sea (SOLAS) convention to address security issues and established new standards for the International Ship and Port Security (ISPS) code from 2004.
Without the MTS it would be a matter of days before cities around the world begin seeing diminished products on shelves and prices skyrocketing due to high demand and very little supply. Countries would be limited to only what they can produce locally, and this would cripple the world. Mega ports are some of the largest ports in the world, possessing the capability to receive goods from some of the largest ships in the world, these ports believe in bigger is better and this assists the economy by providing a large amount of goods as efficiently as possible.
The Maritime Transportation System (MTS) is vital for the global economy, moving most goods. Security safeguards ports and waterways, preventing shortages and price hikes. Mega ports efficiently handle large volumes of goods.
The Maritime Transportation System (MTS) plays a crucial role in the global economy by efficiently transporting millions of tons of cargo through waterways. In fact, approximately 90% of goods shipped worldwide rely on this system (Christopher, 2009, p. 24). Protecting ports from potential attacks and sabotage is of utmost importance due to the significance of the MTS.
The United States, with its extensive coastline of 95,000 miles, has 370 ports, 25,000 miles of navigable waterways, 236 locks, 3,700 marine terminals, and welcomes around 16,000 containers into its ports daily. To ensure security, all ports in the U.S. are required to adhere to Title 33 CFR part 105, which mandates the implementation of security measures to prevent unauthorized individuals or materials from entering the country.
The tragic events of September 11th, 2001, led to significant improvements in port security. In response, the Maritime Transportation Security Act (MTSA) was enacted, imposing enhanced security requirements to prevent a major port attack, which was deemed a significant risk at the time due to inadequate port security. Furthermore, the International Maritime Organization (IMO) introduced updated regulations under the Safety of Life at Sea (SOLAS) convention, addressing security concerns and establishing new standards through the International Ship and Port Security (ISPS) code from 2004.
The MTS's importance becomes evident when considering the potential consequences of its disruption. Without the MTS, cities worldwide would experience diminishing product availability within days, causing prices to skyrocket due to high demand and limited supply. Countries would be limited to locally produced goods, severely impacting the global economy. Mega ports, which are among the largest ports globally, contribute significantly to the economy by efficiently handling goods from some of the world's largest ships. These ports operate under the belief that bigger is better, enabling them to facilitate the movement of a substantial volume of goods efficiently.
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Regardless of what consumers want and what producers can provide, scarcity is a problem that will continue to be a part of our economy.
True
False
Answer:
The answer is A or True for EDGE 2021
Explanation:
HELP DUE IN 10 MINS! Sports Marketing: Product __________________ is very important today when consumers find so many similar products available for sale.
Answe
DIFFERENTIATION
Explanation:
I'm positive
Which objective is NOT appropriate for an informational interview?
A.
Discover what you can expect in a certain career field.
B.
Practice your tips and skills for a professional interview.
C.
Initiate a relationship that could help you get ahead in your career.
D.
Get hired at the company that you’re interested in working for.
E.
Tell your interviewer about difficult experiences in your previous jobs.
Answer:
it has to be E.
I have plato too
The objective that is NOT appropriate for an informational interview is option D: "Get hired at the company that you’re interested in working for."
What is informational interview?An informational interview is a meeting between a job seeker and a professional who is already working in the field or industry of interest.
The purpose of the meeting is for the job seeker to gather information, advice, and insights from the professional to help them better understand the field and make informed decisions about their career path.
The job seeker typically initiates the informational interview by reaching out to the professional either through email, phone call, or social media. During the meeting, the job seeker should have a set of prepared questions to ask the professional, and they should be open to any advice or feedback that the professional may have for them.
Unlike a traditional job interview, the goal of an informational interview is not to secure a job, but rather to gain a better understanding of the industry, career path, or company.
It's an opportunity to learn about the skills and qualifications required for the job, potential career paths, current trends, and challenges in the industry.
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What does setting a personnel policy before hiring employees allow you to do?
A. Provide employee salary information
B. Establish length of employment for each company department
C. Set expectations for employee behavior
D. Establish records of employee work behavior
Answer:
D
As it helps in appraising the employees weekly, monthly, or yearly work behavior.
suppose you purchase a new cell phone. after a week, you find it is not working properly. what should you do first?
Answer:return the phone to the store where it was purchased.
Explanation:
please help
Why is engaging communication a two-way process?
Answer:
Two-way communication allows both participants to exchange ideas, they can develop a sense of mutual understanding. The result is a better relationship between them. Increase effectiveness
Effective communication depends on the proper understanding of the message by the sender and receiver.
Explanation:
Hope you can helpMatch each of the following statements to the type of economic system that it
Record your responses in the spaces provided.
characterizes.
Types of economic system: (1). Traditional economy - ritual, habitat, or custom. (2). Economic system - Allocation of resources. (3). Command economy - central authority (4). Market economy - demand and supply
What is economy?The performance through which a country or location organizes its medium of exchange, commercial enterprise, and trade is concerned to as its “economy.” The economy is the important part of the country. The primary sector of the economy is the industrial sector, financial and agriculture sector.
Types of economic system:
Traditional economy - system in which economic activity is the result of ritual, habitat, or custom.
Market economy - system in which economic activity is driven by supply, demand, and the price system.
Economic system - efficient way of allocating resources and producing and distributing goods and services in a society.
Command economy - economic system in which a central authority makes the major economic decisions.
As a result, the conclusion of the economic system as the fill of space are the aforementioned.
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Your question is incomplete, but most probably the full question was.
Match each of the following statements to the type of economic system that it characterizes. Record your responses in the spaces provided.
______system in which economic activity is the result of ritual, habitat, or custom.
______system in which economic activity is driven by supply, demand, and the price system.
_______efficient way of allocating resources and producing and distributing goods and services in a society.
________economic system in which a central authority makes the major economic decisions.
Traditional economyEconomic systemCommand economyMarket economyWhich skills are most likely to start at birth and develop as a person matures?
hard skills
work skills
people skills
soft skills
Which skills are most probable to start at delivery and broaden as a person matures? people's Skills are due to the fact you're born knowing how to interact with human beings and your skills most effectively get better as you grow up.
Skills are the learned potential to perform a motion with determined effects with accurate execution often inside a given quantity of time, power, or each. abilities can often be divided into domain-well-known and area-specific abilities.
Skills importance: They can be gentle capabilities, inclusive of problem-fixing abilities, powerful communique, or time control, or hard competencies, like pace typing, and the use of Powerpoint or Excel. sense unfastened to encompass any widely wide-spread abilities even if they may be no longer particularly required or cited within the activity description.
A critical skill is an important developed potential or capacity obtained via planned, systematic, and sustained efforts to easily and adaptively carry out complicated activities or activity functions regarding ideas, matters, and/or human beings. non-public talents are acknowledged as soft capabilities which are not clean to educate (despite the fact that no longer impossible). they're additionally referred to as interpersonal or even 'human beings' capabilities. Examples encompass dependability, adaptability, motivation, trouble-fixing, and analytical competencies.
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People skills are most likely to start at birth and develop as a person matures.
Childhood social and personality improvement emerges via the interplay of social impacts, biological maturation, and the kid’s representations of the social world and the self. This interaction is illustrated in a discussion of the impact of great relationships, the improvement of social know-how, the increase of personality, and the improvement of social and emotional competence in youth.
This interaction may be discovered within the development of the earliest relationships among babies and their mother and father in the first yr. sincerely all toddlers residing in everyday circumstances increase strong emotional attachments to individuals who take care of them. Psychologists agree with that the improvement of those attachments is as biologically natural as studying to walk and not in reality a byproduct of the mother and father’ provision of food or warmth. alternatively, attachments have developed in human beings because they sell youngsters’s motivation to live close to folks who care for them.
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Terrell’s science class volunteers at the pet shelter each week and assists with keeping the puppy cages clean. combining academic work with a community project is an example of _____. a. job shadowing b. service learning c. an internship d. an exploratory interview please select the best answer from the choices provided a b c d
The correct option is (B) Service learning
Service learning combines formal education with the application of that knowledge in a service-oriented manner. It is a kind of educational philosophy that demands knowledge demonstration from the learner, bridging the cognitive and the affective to improve learning results. It combines intellectual prowess with individual hobbies, enabling students to discover their passion and practice practical approaches to solving challenges in the real world. It is a linked learning experience that touches both thinking and sensation while connecting personal growth to cognitive growth. Students apply the concepts they learn in class to practical issues in order to develop workable solutions that will change society for the better over the long run.
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fabrick company's quality cost report is to be based on the following data: lost sales due to poor quality $ 20,400 quality data gathering, analysis, and reporting $ 71,000 net cost of spoilage $ 65,200 re-entering data because of keying errors $ 22,800 test and inspection of in-process goods $ 11,800 final product testing and inspection $ 49,700 statistical process control activities $ 41,800 returns arising from quality problems $ 33,800 downtime caused by quality problems $ 63,500 what would be the total external failure cost appearing on the quality cost report? group of answer choices $54,200 $83,900 $205,700 $380,000
Hence, $54,200 is the total external failure cost that is given on the quality cost report. Option 1 is the right choice.
Costs associated with external failure occur when customers discover faulty goods after they have been delivered. These expenses cover missed revenue, returns, and warranty fixes. The cost of all external failures may be computed using the information provided as follows:
Repairing flaws found by consumers results in external failure costs. These expenses arise when goods or services that fall short of design quality requirements are not discovered until after they have been transferred to the client.
Total External Failure Cost = Lost Sales + Returns
Total External Failure Cost = $20,400 + $33,800
Total External Failure Cost = $54,200
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Correct Question:
Fabrick company's quality cost report is to be based on the following data: lost sales due to poor quality $ 20,400 quality data gathering, analysis, and reporting $ 71,000 net cost of spoilage $ 65,200 re-entering data because of keying errors $ 22,800 test and inspection of in-process goods $ 11,800 final product testing and inspection $ 49,700 statistical process control activities $ 41,800 returns arising from quality problems $ 33,800 downtime caused by quality problems $ 63,500 what would be the total external failure cost appearing on the quality cost report? group of answer choices
1. $54,200
2. $83,900
3. $205,700
4. $380,000
Which term best completes the outline?
?
economy
Economic freedom
Competition between businesses
Decisions motivated by profit
O A. Traditional
B. Mixed
C. Market
D. Command
Answer:
C. Market.
Explanation:
An economy is a function of how money, means of production and resources (raw materials) are carefully used to facilitate the demands and supply of goods and services to meet the unending needs or requirements of the consumers.
Hence, a region's or country's economy is largely dependent on how resources are being allocated and utilized, how many goods and services are to be produced, what should be produced, for whom they are to be produced for and how much money are to be spent by the consumers to acquire these goods and services.
Basically, there are four (4) main types of economy and these are;
I. Mixed economy.
II. Command economy.
III. Traditional economy.
IV. Free market economy.
A free-enterprise system also referred to as capitalism or free market can be defined as a type of economy in which prices, products and services are being determined by the market rather than the government. Thus, a free-enterprise system is devoid (free) of government regulations, interference or control because the market (enterprises) are the ones who are saddled with the responsibility of determining the market forces.
Simply stated, a free-enterprise system is a type of economy that is completely driven by demand and supply of goods and services.
The four (4) main elements or characteristics of a free enterprise system includes the following;
a. Profit: businesses are all out to generate revenue and profit through the sales of finished goods.
b. Economic freedom: means of production of goods and services are controlled by the people rather than the government. Thus, the producers are free to make their economic choices or decisions such as deciding on how much is to be charged on a product.
c. Private ownership of properties: the various factors of production are owned and allocated by the people. Thus, citizens have rights to the ownership and use of private property.
d. Competition: there are many buyers and sellers of homogeneous products, as well as free entry and exit in the market. Thus, consumers are free to make their economic choices or decisions such as deciding on which product to buy, which goods interest them, where to shop for goods, etc.
In conclusion, a market is characterized by the following economy;
I. Economic freedom
II. Competition between businesses
III. Decisions motivated by profit
is command
Explanation:
trust me
How to secure a business loan
Securing a business loan requires careful planning and preparation to ensure that your application is approved. Below are some essential tips on how to secure a business loan.
1. Have a clear business plan: A well-defined business plan is essential for securing a loan. It should outline your business goals, revenue projections, marketing strategies, and financial needs. A clear business plan shows the lender that you are serious about your business and have a solid plan in place.
2. Check your credit score: Before applying for a loan, it's important to check your credit score. A good credit score is essential for securing a loan. A score of 700 or higher is ideal for securing a business loan. If your credit score is low, take steps to improve it before applying for a loan.
3. Choose the right lender: There are many lenders that offer business loans. Choose the lender that best suits your needs and has experience working with businesses in your industry.
4. Prepare your financial documents: Lenders will require financial documents such as tax returns, bank statements, and financial statements. Have these documents ready before applying for a loan.
5. Be prepared to provide collateral: Most lenders require collateral to secure a loan. Collateral can be in the form of assets such as real estate, equipment, or inventory. Be prepared to provide collateral to secure a loan.
6. Show your ability to repay the loan: Lenders will want to see that you have the ability to repay the loan. Provide evidence of consistent revenue, a solid business plan, and financial projections. By following these tips, you can increase your chances of securing a business loan.
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wang wants to purchase a new computer from best buy. after he purchases the computer, the local best buy store notifies the buyer at corporate headquarters through the:
Answer:
Wang wants to purchase a new computer from Best Buy. After he purchases the computer, the local Best Buy store notifies the buyer at corporate headquarters through the
Explanation:
If you know the answer plz help me out
Answer:
o Location
Explanation:
o Location
what is the name for the form of medical practice management under which personal property cannot be attached in litigation?
The time period you may be relating to is "Professional Corporation" or "Professional Association" (abbreviated as PC or PA). A professional company is a felony shape that lets certified specialists, such as physicians, dentists, and attorneys, function their practices as a separate felony entity.
One of the blessings of a professional employer is that it gives some safety against private legal responsibility for the expert's movements or debts. Generally, the private assets of the man or woman practitioners are protected against being seized to meet the agency's liabilities or judgments as a result of litigation.
However, it's miles important to notice that there are exceptions to this safety, which include cases of private malpractice or other wrongful movements.
It's well worth bringing up that the precise legal guidelines and guidelines governing expert corporations might also range by means of jurisdiction, so it is continually advisable to consult with a prison professional or professional for your unique area to apprehend the particular policies and protections relevant to medical exercise control.
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You are running a business producing faux leather wallets. Your current accounting costs are $2 million. Your current revenue is $2. 5 million. If you were to switch to making faux leather belts, you estimate that your accounting profit would be $1 million. What is your current economic profit, in millions?.
The current economic profit of the business is $-1 million (in millions). In accounting, profit refers to the total earnings that a company or business derives from its activities during a specified period.
In contrast, economic profit considers the opportunity costs associated with a business venture. Economic profit is defined as total revenue minus the total cost of both explicit and implicit costs.
Here, the company's current accounting costs are $2 million. Current revenue is $2.5 million. The accounting profit from making faux leather belts would be $1 million. Now we have to find the economic profit of the business.
The company's current revenue is $2.5 million. Accounting costs are $2 million.
The accounting profit is: Accounting profit = Revenue - Costs = $2.5 million - $2 million = $0.5 million
Now to find the economic profit, we need to consider the implicit costs of producing wallets. The implicit cost is the loss of revenue from not producing belts.
Economic profit = Accounting profit - Implicit cost Implicit cost = $1 million (Revenue if making belts) - $2.5 million (Current Revenue)= $-1.5 million
Therefore, Economic profit = Accounting profit - Implicit cost= $0.5 million - $1.5 million= $-1 million So, the current economic profit of the business is $-1 million (in millions).
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True/False: The "cradle to grave" mindset used by operational headquarters to facilitate integration of lethal and nonlethal actions to achieve desired outcomes begins with planning and continues to further refinement via the assessment process.
The statement "The "cradle to grave" mindset used by operational headquarters to facilitate integration of lethal and nonlethal actions to achieve desired outcomes begins with planning and continues to further refinement via the assessment process is True.
The "cradle to grave" mindset refers to the comprehensive approach used by operational headquarters to facilitate the integration of lethal and nonlethal actions in order to achieve desired outcomes.
This approach begins with planning and continues through the execution phase, and then further refinement via the assessment process.
It is a cyclical process that enables a continuous evaluation and adjustment of plans and actions, as well as the integration of feedback and lessons learned, to achieve the desired outcomes.
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Interdependence results from:
Answer:
promotive interactionExplanation:
Positive interdependence (cooperation) results in promotive interaction where individuals encourage and facilitate teammates' efforts to complete the task. Negative interdependence (competition) encourages contrient interaction where team members work to oppose or block the success of others on their team while working to further their own, individual goals.
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consists of all possible customers in a market regardless of the differences in their specific needs and wants
The term you are referring to is "market segmentation." Market segmentation is the process of dividing a market into distinct groups or segments based on various factors such as demographics, psychographics, behaviors, and needs.
However, the phrase you provided, "consists of all possible customers in a market regardless of the differences in their specific needs and wants," does not align with the concept of market segmentation.
Instead, it seems to describe the "mass marketing" approach, where companies target the entire market with a standardized product or message, assuming that all customers have similar needs and wants. This approach does not involve segmenting the market based on differences in customer needs and wants.
The term you are looking for is "mass marketing," which refers to targeting all possible customers in a market without considering their specific needs and wants. However, market segmentation is the preferred strategy for understanding and catering to the diverse needs and wants of different customer segments.
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Real gdp per person is $10,000 in country a, $20,000 in country b, and $30,000 in country c. the saving rate increases by the same rate in all three countries. other things equal, we would expect that?
Real gdp per person is $10,000 in country. If the saving rate increases by the same rate in all three countries (A, B, and C), other things being equal, we would expect increased savings, potential economic growth, capital accumulation, increased investment, and improved personal financial security.
When the saving rate increases, individuals in all three countries are saving a larger proportion of their income. This leads to increased savings in each country, which can contribute to economic growth by providing more funds for investment in productive activities. With higher savings, there is also the potential for capital accumulation, which refers to the growth of physical and human capital. This can result in increased productivity and improved living standards. The availability of more savings can attract investors and stimulate investment activities, further supporting economic growth. Additionally, higher savings can lead to increased personal wealth and financial security for individuals as they accumulate assets and create a foundation for future economic well-being. However, the actual outcomes may depend on various factors and the efficient allocation of savings in each country.
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1. Which of the following is an impact of increase in income tax of an individual?
A. Rise in disposable income
B. Increase in the ability to invest
C. Increase in the level of savings
D. Decrease in the purchasing power
Answer:
A
Explanation:
the answer is a because you get more free money with your income taxes therefore making more money that you can use on personal things