Suppose that the tannery could use a different production method that involves recycling water. This would reduce the pollution in the river to levels safe for recreation, and the campground would no longer be affected. If the tannery uses the recycling method, then the tannery's economic profit is $1,200 per week, and the campground's economic profit is $2,500 per week. If the tannery does not use the recycling method, then the tannery's economic profit is $2,000 per week, and the campground's economic profit is $1,300 per week. These figures are summarized in the following table. Complete the following table by computing the total profit (the tannery's economic profit and the campground's economic profit combined) with and without recycling
Profit Action Tannery Campground Total (Dollars) (Dollars) (Dollars) No Recycling 2,000 1,300
Recycling 1,200 2,500 Total economic profit is highest when the recycling production method is _______
When the tannery uses the recycling method, the campground earns $2,500 - $1,300 = $1,200 more per week than it does with no recycling. Therefore, the campground should be willing to pay up to $1,200 per week for the tannery to recycle water. However, the recycling method decreases the tannery's economic profit by $2,000 - $1,200 = $800 per week. Therefore, the tannery should be willing to use the recycling method if it is compensated with at least 5800 per week. Suppose the campground has the property rights to the river. That is, the campground has the right to a clean (unpolluted) river. In this case, assuming the two firms can bargain at no cost, the tannery will ______ the recycling method and will pay the campground _____ per week. Now, suppose the tannery has the property rights to the river, including the right to pollute it. In this case, assuming the two firms can bargain at no cost, the tannery will ____ the recycling method, and the campground will pay the tannery _____ per week. The campground will make the most economic profit when ___ True or False: The tannery will use the recycling method only if the campground has the property rights. - True - False
Answers
True or False: The tannery will use the recycling method only if the campground has the property rights.
- False
To complete the table and find the total economic profit with and without recycling, we simply add the tannery's and campground's profits together for each scenario.
No Recycling:
Tannery: $2,000
Campground: $1,300
Total: $2,000 + $1,300 = $3,300
Recycling:
Tannery: $1,200
Campground: $2,500
Total: $1,200 + $2,500 = $3,700
The total economic profit is highest when the recycling production method is used.
If the campground has property rights to the river, the tannery will use the recycling method and pay the campground a negotiated amount between $800 and $1,200 per week, depending on the bargaining outcome.
If the tannery has property rights to the river, the tannery will still use the recycling method, and the campground will pay the tannery a negotiated amount between $800 and $1,200 per week, depending on the bargaining outcome.
The campground will make the most economic profit when the recycling method is used.
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Related Questions
Outline TWO benefits of using the FIFO system for Mcdonald’s
Answers
There are several benefits for McDonald's by using FIFO methods. Here we will discuss some of them: better food hygiene, which gives more customers satisfaction; easier to reduce products near their end-date—resulting in more sales and less waste;
What is FIFO?
FIFO is a measuring tool for inventory valuation or management. In this, we have sold the goods which come first. This is called a FIFO, which is known as First In First Out.
Thus, McDonald's using the FIFO method gets such benefits as better food hygiene, which gives more customer satisfaction; easier to reduce products near their end-date – therefore more sales and less waste.
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Thinking and note-taking Discuss the effects of advertising on your day-to-day life with a partner.
Organize your ideas in the diagram. Use your notes from your brainstorming on topic vocabulary
about advertising in activities 1 and 2.
Opinions
Reasons
Education
Facts / Examples
Answers
The discussion of the effects of advertising on your day-to-day life with a partner is done below:
Opinions: Advertisers try to make people seem miserable if they do not make use of their product.
Reasons: This is seen in the types of ads that are used as bandwagon fallacy is one of the most popular which tells you that since a large number of people are using the product, why should you be left out?
Education: There are different ways of disseminating these adverts and they can be done through TV, billboards, social media, etc
Facts / Examples: A company selling toothpaste can make an advert with the caption, "If 20 million people trust our product, you should too" and then someone with pure white teeth flashes a smile.
What is Advertising?This refers to the creation of awareness for a particular product so that people would come and purchase the product.
Hence, we can see that the discussion of the effects of advertising on your day-to-day life with a partner is done above.
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Identify the correct pricing strategy. Incorporating _______ pricing strategy drives customers to pay a higher price for a valuable product. Businesses use market research, surveys, and analysis to convince customers to buy products that provide _______ for money.
Answers
Answer:
Price skimming
value for money
Explanation:
Price skimming is the pricing strategy in which businesses charge higher prices for the product initially and then start to reduce the price. The customers pay the high price charged for the product because of unique features of the product. Customers find the product value for money and so they are satisfied with the high prices.
In three to four sentences, explain how wage discrimination results in unequal pay and how can this be corrected??!
Answers
Answer:
Well some people bosses of a business can discriminate people in many ways skin tone height anything honestly. It results in unequal pay because sometimes a boss will pay someone who has a specific skin tone more money then someone else who has the opposite skin tone. That's unequal pay and it can be corrected by making people aware of what there doing or protesting and boycotting the places that do this.
Answer:
Women are paid less because they have less potential in the eye of an employer. Although race or gender have nothing to do with work ethic, it takes a toll on minorities regardless. This can be corrected by paying employees based on the work they have done, rather than the work they might do.
Explanation:
the financial support that a company provides for an event in order to promote the company's products is called
Answers
The financial support that a company provides for an event in order to promote the company's products is called sponsorship.
Sponsorship is a common marketing strategy used by companies to increase brand awareness, generate sales, and improve their reputation. In exchange for their financial support, sponsors are typically given various promotional opportunities such as branding on event materials, speaking opportunities, and product demonstrations.
Sponsorship can be beneficial for both the company and the event organizer as it provides financial support for the event while also giving the company exposure to a new audience. The success of a sponsorship largely depends on the fit between the company and the event, as well as the marketing strategies used to promote the sponsorship.
Companies may sponsor a wide range of events including sports events, concerts, festivals, and charitable events.
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The financial support that a company provides for an event in order to promote the company's products is called "event sponsorship."
Event sponsorship is a marketing strategy in which a company provides financial or other support for an event, such as a sports tournament, concert, or conference, in exchange for exposure and promotion of its brand or products.
Event sponsorship can take many forms, such as providing funding for the event, donating products or services, or offering prizes or giveaways to event attendees. In return, the sponsoring company may receive prominent branding and advertising opportunities, such as having its logo displayed on banners, promotional materials, or merchandise related to the event.
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Helpp!!!
What type of Economy do we have in the United States?
A. Market
В.Mixed
C.Command
D. Traditional
Answers
Answer:
mixed
the us economy has a mixed economy
А ________
is a number of connected activities that accomplish a course of action
campaign
contest
commission
Answers
Answer:
commisom is the answer to your question
calculate minimum stock level
Answers
Answer:
Formula to determine the minimum stock level
The minimum stock level can be determined by applying the following formula: Minimum Stock Level = Re-order Level – (Normal consumption per day/per week, etc. X Normal delivery time).
An economist for a computer company predicts that a rise in consumer incomes will increase the demand for consumers. This prediction assumes that:________
Answers
An economist for a computer company predicts that a rise in consumer incomes will increase the demand for consumers. This prediction assumes that: computers are normal goods.
A normal good is a sort of good in economics that sees an increase in demand as a result of an increase in income, as opposed to inferior products, for which the opposite is seen.
In microeconomics, supply and demand are economic theory that explains how prices are determined in a market. All other things being equal, it is assumed that in a competitive market, the unit price for a particular good or other traded goods, such as labor or liquid financial assets, will fluctuate until it settles at a point where the quantity demanded equals the quantity supplied, producing an economic equilibrium for price and quantity transacted.
Personal computers are more in demand as income levels rise. It suggests that as the supply and demand curves for computers rise, so will the cost and accessibility of computers.
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Chapter 2 Mastery Problem
The T –
Hassan Rahim won a concession to rent bicycles in the local park during the summer. During the month of June, Hassan completed the following transactions for his bicycle rental business:
Chart of Accounts
Cash
Hassan Rahim Capital
Accounts Receivable
Hassan Rahim, Withdrawals
Supplies
Rental Income
Shed
Wages Expense
Bicycles
Maintenance Expense
Accounts Payable
Repair Expense
Concession Fee Expense
June
2
Began business by placing $7,200 in a business checking account.
3
Purchased supplies on account, $150
4
Purchased 10 Bicycles for $2,500, paying $1,200 down and agreeing to pay the rest in thirty days.
5
Purchased for cash a small shed to hold the bicycles and to use for other operations, $2,900
6
Paid cash for shipping and installation costs (considered as an addition to the cost of the shed) to place the shed at the park entrance, $400.
8
Received cash of $470 for rentals during the first week of operation.
13
Hired a part-time assistant to help out on weekends at $7.50 per hour
14
Paid a maintenance person to clean the grounds, $75.
15
Received cash, $500, for rentals during the second week of operation.
16
Paid the assistant for a weekend’s work, $150.
20
Paid for the supplies purchased on June 3, $150.
21
Paid repair bill on bicycles, $55.
22
Received cash for rentals during the third week of operation, $550.
23
Paid the assistant for a weekend’s work, $150.
26
Billed a company for bicycle rentals for an employee outing, $110
27
Paid the fee for June to the Park District for the right to the bicycle concession, $100.
28
Received cash for rentals during the week, $410.
29
Paid the assistant for a weekend’s work, $150.
30
Transferred $500 to personal checking account.
Answers
Answer:
27.
Explanation:
What should you do before you approach a atm
Answers
Answer:
Try to use ATMs with which you are familiar. Choose well-lit, well-placed ATMs where you feel comfortable. If you need to use an ATM late at night, ask a friend to accompany you.
Before approaching the ATM, scan the surrounding area. Avoid the ATM altogether if it is too dark to see, isolated or looks unsafe. If there are bystanders loitering in the area, go to another machine or come back later.
Use your body to shield the screen and keypad before entering your PIN. Make sure other individuals in line stay a reasonable distance from you while you're performing your transaction.
isabel, a calendar-year taxpayer, uses the cash method of accounting for her sole proprietorship. in late december she received a $24,000 bill from her accountant for consulting services related to her small business. isabel can pay the $24,000 bill anytime before january 30 of next year without penalty. assume her marginal tax rate is 37 percent this year and next year, and that she can earn an after-tax rate of return of 7 percent on her investments. a. what is the after-tax cost if isabel pays the $24,000 bill in december?
Answers
$15120 is the after-tax cost of Isabel paying the $24,000 bill in December. The net income remaining after all federal, state, and withholding taxes have been subtracted is known as after-tax income.
The amount of disposable money that a customer or business has available to spend is known as after-tax income, often known as income after taxes.
Cost after taxes is the same as cost before taxes multiplied by 1 - tax rate. When the $24,000 before-tax cost becomes taxable, we will calculate the after-tax cost. The rate of return on a potential investment, as well as paying immediately and not giving time to engage in a project to pay the amount next year, are irrelevant for this purpose.
Steps for calculation:
Tax rate (T) = 37% = 0.37
After-tax cost = Cost (1 - T)
After-tax cost = $24,000 (1 - 0.37)
After-tax cost = $15120
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Kayla is going to invest in an account paying an interest rate of 6% compounded continuously. How much would kayla need to invest, to the nearest dollar, for the value of the account to reach $650 in 7 years?.
Answers
Kayla would need to invest approximately $428 (rounded to the nearest dollar) for the value of the account to reach $650 in 7 years with continuous compounding at a 6% interest rate.
To calculate the initial investment needed for the account value to reach $650 in 7 years with an interest rate of 6% compounded continuously, we can use the formula for continuous compound interest:
\(A = P * e^{rt}\)
Where:
A = Final account value ($650 in this case)
P = Initial investment
e = Euler's number (approximately 2.71828)
r = Interest rate (6% or 0.06 as a decimal)
t = Time period (7 years)
We can rearrange the formula to solve for P:
\(P = A / e^{rt}\)
Plugging in the given values:
P = \(650 / e^{0.06 * 7}\)
P ≈ \(650 / 2.71828^{0.42}\)
P ≈ 650 / 1.52149
P ≈ 427.61
Therefore, Kayla would need to invest approximately $428 (rounded to the nearest dollar) for the value of the account to reach $650 in 7 years with continuous compounding at a 6% interest rate.
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describe a real or made up example of a contract that includes consideration
Answers
Answer:
It is important that all contracts include consideration in order for any agreement to be legally binding.
The example of a contract of this type is:
Renting a place to use for your sales business. You rent the place for a certain period of time (Let's say one year) and for a settled amount of money. In form of a lease, is stated and stipulated what that amount of money includes (let's say just the place) and what it doesn't include (energy and water bill) as well as the rules for using and living in the place.
This contract applies for both parts once consideration is provided by accepting the terms of conditions and the value agreed.
Explanation:
But this is not my answer I have to give credit to Brainly user keylacordoba.
100 POINTS!! Suppose that nominal GDP was $9250000.00 in 2005 in Orange County California. In 2015, nominal GDP was $11250000.00 in Orange County California. The price level rose 2.50% between 2005 and 2015, and population growth was 3.50%. Calculate the following figures for Orange County California between 2005 and 2015. Give all answers to two decimals.
Nominal GDP growth was %
Economic growth was %
Inflation was %
Real GDP growth was %
Per capita GDP growth was %
Real per capita GDP growth was %
Answers
It will be: 21.62%; 21.62%
Nominal GDP growth rate refers to the rate at which nominal GDP changes from one year to the next year.
Given that,
Nominal GDP in 2005 = $9,250,000
Nominal GDP in 2015 = $11,750,000
Rise in price level between 2005 and 2015 = 2.50%
Population growth rate = 4.25%
Nominal GDP growth rate:
= [(Nominal GDP in 2015 - Nominal GDP in 2005) ÷ Nominal GDP in 2005] × 100
= [($11,250,000 - $9,250,000) ÷ $9,250,000] × 100
= ($2,000,000 ÷ $9,250,000) × 100
= 0.2162 × 100
= 21.62%
Economic growth rate refers to the rate at which an economy is producing goods and services at a particular point of time.
Economic growth:
= [(Nominal GDP in 2015 ÷ Nominal GDP in 2005) - 1] × 100
= [($11,250,000 ÷ $9,250,000) - 1] × 100
= (1.2162 - 1) × 100
= 21.62%
Inflation rate is 22%
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Answer the following question in 3-4 complete sentences. A poster of a man sitting on a motorcycle on a cliff that reads, "Honda. " Examine the advertisement above. What is being advertised? Most likely, who is their target audience or buyer? What does this advertisement say to the buyer?.
Answers
Answer:
Answers may vary, but should be similar to the following: This is an advertisement for Honda motorcycles. Based on the picture, the location it shows (beach front at sunset), and the man in the advertisement, the target audience is most likely males in either their 20s or 30s, or perhaps older males who want to feel younger again. The advertisement and the imagery used speaks of such emotions and experiences as, independence, power, wide-open spaces, and freedom.
Explanation:
This is an advertisement for Honda motorcycles. The location shows the man in the ad, the target audience is most likely males in either their 20s or 30 or perhaps older males who want to feel younger again.
What is the advertisement saying to the buyer?The advertisement and the imagery are used to speak of such emotions and experiences as independence, power, wide-open spaces, and freedom. An advertisement, otherwise known as an advert or ad, is generally considered a public communication that promotes a product, service, brand or event. To some the definition can be even broader than that, extending to any paid communication designed to inform or influence.
If these definitions feel vague, it’s because they are the truth that advertisements can be tricky to define, now more than ever. From bus shelters to search engines to influencers, the field of advertising has never been broader, deeper or more complex.
It’s important to note that advertising is not the same as marketing and it is rather a subcategory of it.
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Why do you think Zappos offers a $2,000 incentive to quit?
Answers
Answer:
Explanation:
Is there more to the question?
Please help worth bonus points!
Answers
Answer:
the 4th and 5th one is for france
Explanation:
this is done in france France, it is called french silver service, it's a method of food service at the table, it's known as à l'anglaise (English service)
4=the staff utilizes platters to serve cooked food
5=the last one
1= america, the first one.
2=Russia
3=russia
if I got anything mixed up, pls inform me.
if the nominal interest rate is 5 percent and the real interest rate is 2 percent, then the inflation premium is: group of answer choices 3 percent. 5 percent. 2 percent. 8 percent.
Answers
In this case, the nominal interest rate is 5 percent and the real interest rate is 2 percent, so the inflation premium is 3 percent.
The inflation premium is the difference between the nominal interest rate and the real interest rate.
The nominal interest rate is the stated interest rate on a loan or investment, which includes an inflation premium. The real interest rate is the rate of return after inflation is taken into account. It represents the amount of purchasing power gained on an investment.
The inflation premium is the difference between the nominal and real interest rates and is an indicator of inflation in the economy. In this case, the inflation premium is 3 percent, which means that prices have increased by 3 percent.
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What is a source of equity financing?
A. securing short-term loans from a family member
B. receiving trade credit from suppliers
C. selling personal assets to raise funds
D. securing government loans
E. borrowing money from friends
Answers
A lawyer believes his client is guilty, but remains professional and represents his client. This is an example of which of the following?
Moral behavior
A.) moral behavior
B.) unlawful behavior
C.) ethical behavior
D.) mannerly behavior
Answers
Answer:
C
Explanation:
Would say Moral but it's ethical and couretious
Which of these organizations is considered for-profit?
a retail clothing store
a social-welfare agency
a local police department
a labor unio
Answers
A retail clothing store organization is considered for-profit
Hence, Option A is correct
A for-profit organization is one whose primary objective is to generate revenue or profit. It stands in contrast to a non-profit or not-for-profit organization, which is more concerned with maintaining itself. Non-profit organizations frequently have objectives that are not commercial in nature, like assisting the community.A for-profit organization's main goal is to make a profit, which is to raise more money than it pays out.The business's owners have the option of keeping all profits for themselves or investing some or all of them in running the actual company.Owners of businesses that are for-profit may also distribute a portion of their earnings to their staff. They can therefore implement a profit-sharing plan.To learn more about for-profit here
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Assignment 2
(20 points)
Assignment 2: Costs and Profit
Instructions
Answers
I'm sorry, I don't know what you mean. Please attach a photo/add the instructions!! Sorry
Answer:
can u please upload it
Explanation:
The Mahoney Company has two producing departments: assembly and finishing. The company has been using a plantwide predetermined overhead rate based on direct labor hours. The following estimates were made for the current year: If Mahoney uses a plantwide predetermined overhead based on direct labor hours, what would be the predetermined overhead rate for the current year
Answers
If Mahoney uses a plantwide predetermined overhead based on direct labor hours, what would be the predetermined overhead rate for the current year is: $4 per Direct Labor Hour.
Predetermined overhead rateUsing this formula
Predetermined overhead rate=Manufacturing Overhead/Direct labor hours
Let plug in the formula
Predetermined overhead rate = $300,000/75,000
Predetermined overhead rate = $4 per DLH
Therefore If Mahoney uses a plantwide predetermined overhead based on direct labor hours, what would be the predetermined overhead rate for the current year is: $4 per Direct Labor Hour.
The complete question is:
The Mahoney Company has two producing departments: assembly and finishing. The company has been using a plantwide predetermined overhead rate based on direct labor hours. The following estimates were made for the current year:
Assembly
Finishing
Total
Manufacturing Overhead
$200,000
$100,000
$300,000
Direct labor hours
40,000
35,000
75,000
Machine hours
5,000
16,000
21,000
Mahoney started and completed Job 1512 during the year. The job-order cost sheet indicated the following:
Materials Requisitioned$18,000
Direct labor cost16,000
Direct labor hours:
Assembly1,700 Hours
Finishing1,300 Hours
Machine Hours
Assembly1,000 Hours
Finishing700 Hours
A total of 2,000 units were produced on Job 1512.
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True or false Interpersonal workplace skills deal with your ability to get along with other people.
Answers
The given statement "Interpersonal workplace skills deal with your ability to get along with other people" is True because Interpersonal skills, also known as soft skills, people skills, or emotional intelligence, refer to the abilities that individuals possess to communicate effectively with other people and develop and maintain relationships.
Interpersonal workplace skills are critical in the workplace as it helps people in the organization interact with each other positively and enhances teamwork in the workplace. Individuals who possess strong interpersonal skills can work together effectively and efficiently, which leads to increased productivity in the organization. Some of the key interpersonal skills that people must have to thrive in a work environment include active listening, effective communication, conflict resolution, collaboration, time management, and empathy. Active listening is a vital interpersonal skill that individuals must have to thrive in the workplace.
It entails concentrating on the speaker, summarizing the information they provide, and asking relevant questions. Effective communication is another critical interpersonal skill. Clear communication ensures that every member of the organization understands the information and requirements communicated to them. Conflict resolution is also an essential interpersonal skill that individuals must have. It involves finding amicable solutions to disagreements between colleagues.
Collaboration is an essential interpersonal skill as it helps people work together towards common goals. Time management is also a critical interpersonal skill as it ensures that tasks are completed within the allocated time frame. Finally, empathy is an essential interpersonal skill that helps individuals understand and relate to the feelings and experiences of other people.
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How many people work as box office managers?
Answers
Answer:
hmmm like in the world?
Explanation:
Answer: a valid amount of people
Explanation:
A job search should be treated like a full time job.
Please select the best answer from the choices provided
ОТ
OF
Answers
Answer:
The answer is True.
Explanation:
Got it correct on Edgen.
Answer:
true
Explanation:
paper inc. had a board meeting last week to sign a contract to buy more paper for next year. Four of the nine board members were able to attend and they have explicit quorum rules stated in their bylaws. They voted and signed a contract at the meeting, why is this contract not legal.
Answers
Answer:
because the other board people is not there. Its also not legal because on 4 of the nine people were there.
Explanation:
That is why.
I have been wanting to write a script for a while now but i dont have a plot, please give me a plot idea most creative gets brainliest
Answers
Answer:
plot : in suburbs
oh girl who was abused all her life the forced into human trafficking ♀️
Management, can anyone help me?
Answers
I think it is C I looked up some stuff and they all add up to C