Sylvia's yearly pay rises to $109,500 from $102,300. Sylvia resolves to take four holidays instead of the usual three. Her income elasticity of demand for holidays is 3.5, which is within the typical range. As the elasticity is positive, the good is a standard good.
The calculation of demand's income elasticity is displayed below:
= (percentage change in income average of amount income) (change in quantity demanded average of quantity demanded)
= Q2 - Q1
= 109,500 - 102,300
= 7,200
And, average of income would be:
= (109,500 + 102,300) ÷ 2
= 105,900
Change in quantity demanded would be:
= 4 - 3
= 1
average of quantity demanded would be:
= ($4 + 3) ÷ 2
= 3.5
So, after solving this, the income elasticity of demand is 3.5
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the income statement for good stuff foods shows gross profit of $153,000, operating expenses of $126,000, and cost of goods sold of $212,000. what is the amount of net sales revenue?
If the "cost-of-good" sold is $212,000, then the amount of Net "Sales-Revenue" is $365,000.
The "Net-Sales-Revenue", also known as net sales or net revenue, refers to the total amount of sales generated by a company after deducting any returns, allowances, and discounts.
The formula for calculating net sales revenue is : Gross Profit + Cost of Goods Sold,
We know that : Gross Profit = $153,000
Cost of Goods-Sold = $212,000
Substituting the values,
We get,
Net Sales Revenue = $153,000 + $212,000
Net Sales Revenue = $365,000
Therefore, the amount of net sales revenue is $365,000.
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the executives of great lakes medical center are writing a statement that explains their organization’s core purpose. great lakes medical center is at the strategic formulation step in strategic management.
Your organization's core purpose statement is a step of Strategic Objectives and Analysis. So the statement presented is False
Strategic management is a term to refers to the process of building a company. In it, all the necessary aspects such as objectives, the public, the market, the mission, among others, are analyzed. This process is generally divided into several steps. Each of the steps is explained below:
Strategic objectives and analysis: In this stage, all the external and internal analysis of the company is carried out to establish its principles.Strategic formulation: In this stage, the goals and objectives of the company are established based on the analysis of the previous stage.Strategic implementation: In this stage, everything that was planned in the previous stages begins.Evaluation and Strategic Control: In this stage, the operation and planning are evaluated and corrections are proposed to improve the weak aspects of the companyAccording to the above, Great Lakes Medical Center executives who are writing a document to explain the central purpose of their organization are in the Strategic Objectives and Analysis stage. So the correct answer is False.
Complete question:
The executives of great lakes medical center are writing a statement that explains their organization’s core purpose. Great lakes medical center is at the strategic formulation step in strategic management.
True
False
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Did the entrepreneur(s) get a deal from at least one Shark?
Answer:
One entrepreneur struck an agreement on-air with a shark that never materialized, and another struck a bargain that the shark later backed out of.
Explanation:
what is the difference between existing mis workplace knowledge and the knowledge required to fulfill the business goals and strategies?
Existing MIS (Management Information System) workplace knowledge is the body of information that employees currently have access to in order to use and manage the information systems that support business operations.
On the other hand, a better comprehension of the organization's overall objectives and how the information systems support those objectives is part of the knowledge needed to realize business goals and strategies.
Organizations must offer ongoing training and development chances in order to close the knowledge gap between what is currently known about MIS in the workplace and what is needed to achieve business objectives and strategies.
This may entail making investments in leadership development programs that assist staff members in acquiring a strategic mentality as well as advanced technical training and certifications.
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What is the name for the journey that brought most enslaved africans to the colonies? slave auction indentured service international interdependence middle passage
Africans were successively delivered to the regions depicted in blue, in what became called the "Middle Passage".
The "middle passage," which brought the slaves from geographical region to the West Indies, might take three weeks. The Transatlantic (Triangular) Trade involved many continents, plenty of cash, some cargo and sugar, and lots of African slaves.
Historians estimate that about a million enslaved people were sold and moved round the country between 1808 and therefore the abolition of slavery in 1865. This internal movement of enslaved people is termed the Second Middle Passage.
The first slave traffic voyage from the American colonies sailed out of Massachusetts. The ship Desire left Salem in 1637, carrying Native American captives from the Pequot War to be sold as slaves within the Caribbean. This refers to the voyage of slaves from Africa, who were forced over to land.
European powers, aided by locals, captured the slaves and Caribbean traders received the slaves in exchange for goods from earth.. Commercial goods from Europe were shipped to Africa available and traded for enslaved Africans.
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Answer:
the answer is D.
Explanation:
I took the flvs test its right.
name four commercial services which are useful to a manufacturer
In addition to competition for food, what is another example of a density dependent process that can affect population growth rates?
Predation, inter- and intraspecific competition, waste buildup, and diseases including parasitic diseases are the most density-dependent biological (biotic) factors. Generally speaking, a population's mortality rate increases with population density.
What is Density-dependent regulation?When population growth rates are controlled by population density, this is known as density-dependent processes in population ecology.
Predation, intra- and interspecific competition, waste accumulation, and diseases including parasitic diseases are the most density-dependent biological (biotic) factors.
Normal mortality rates increase with population density.
The reproduction rates of the individuals, for instance, will often be lower during intra- and interspecific competition, slowing the rate of population expansion.
Because the predator has a harder time discovering its food supply, low prey density also raises the mortality of the prey.
Results from a study on the giant intestinal roundworm (Ascaris lumbricoides), a parasite of humans and other mammals, provide as an illustration of density-dependent control.
The information indicates that the parasite is less fertile in denser populations since there were fewer eggs present.
The fact that females would be smaller in groups with increased density due to scarce resources and hence lay fewer eggs is one explanation for this phenomena.
In a 2009 study, the concept that female weight had any bearing on the outcome was evaluated and refuted.
There is still more research that needs to be done to determine the exact reason why this organism's fecundity is density-dependent.
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what is 2divided by 100
Answer:
0.02
Explanation:
Answer:
0.02 ... hope this helps :)
customers, employees, and investors are the stakeholders most often emphasized in the mission statements. True/False
True. Customers, employees, and investors are among the most important stakeholders for many organizations, and as a result, they are often emphasized in mission statements.
The mission statement typically outlines an organization's purpose, goals, and values, and is meant to guide decision-making and actions within the organization.
By prioritizing these key stakeholders in the mission statement, an organization can signal its commitment to meeting their needs and expectations, which can help build trust and loyalty over time.
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A long-standing company is expanding their existing workforce. what, in all likelihood, will they invest in terms of computing capabilities?
By restructuring and creating practical training materials, encouraging a productive and employee-centered workplace, and making sure that every member of your organization is fairly compensated, rewarded, and held accountable, investing in your staff can have significant and advantageous effects on your business.
This technique has developed over time into high-frequency big data analysis, which is currently the standard in the financial industry. It gives investors the opportunity to make a more thoughtful choice by assisting them in discovering efficiencies in areas they either didn't consider or couldn't reach before.
By automating repetitive operations like payroll, bookkeeping, and record-keeping, computers cut expenses. Enhance supplier or customer connections. Develop more effective communication inside the organization or with consumers. Boost staff productivity and corporate efficiency.
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which of the following accounting measures indicates the amount of stockholder funds used to finance the firm?
a. Equity ratio
b. Debt-to-equity ratio
c. Total liabilities
d. Retained earnings
e. Common stock value
Equity ratio indicates the amount of stockholder funds used to finance the firm. The Option A.
Which accounting measure indicates stockholder funds used to finance the firm?The equity ratio indicates the amount of stockholder funds used to finance a firm. It is calculated by dividing total equity (including common stock and retained earnings) by total assets.
The equity ratio shows the proportion of the firm's assets that are financed by stockholders rather than debt. A higher equity ratio means greater reliance on equity financing indicating stockholders have larger stake in the company's ownership and contributing more capital to the business.
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A company sold the personal data of their customers to insurance cor generating revenue. After it was reported, the manager insisted that
• He has not done anything wrong • Everybody in the business is doing it • Has a duty to run a profitable operation • Revenue for the company . Express your views on the manager's comments based on: a) Relativism: b) Deontology: c) Consequentialism: d) Utilitarianism: e) The Kantian Theory:
The company selling personal data of its customers to an insurance company to generate revenue is an unethical business practice. The manager insisted that he has not done anything wrong and everybody in the business is doing it and has a duty to run a profitable operation.
The comments of the manager can be viewed based on several ethical theories, which are discussed below:a) Relativism:According to relativism, what is morally right or wrong depends on the cultural norms and values of the society. However, selling personal data of customers is not acceptable in any society or culture. Therefore, the manager's comments are not justified by relativism.b) Deontology:Deontology is based on the principle of moral duty.
The duty of the company is to protect the personal data of customers, which the company has violated. Therefore, the manager's comments are not justifiable by the deontological theory.c) Consequentialism:Consequentialism judges the morality of an action based on its outcome. .d) Utilitarianism:Utilitarianism judges the morality of an action based on its ability to provide the greatest happiness to the greatest number of people. Selling personal data of customers is not morally justifiable since it violates the privacy of the customers.
Therefore, the manager's comments are not justifiable by utilitarianism.e) The Kantian Theory:According to the Kantian theory, people should be treated as ends in themselves and not as means to an end. Selling personal data of customers for generating revenue is not justifiable since it treats the customers as means to an end. Therefore, the manager's comments are not justifiable by the Kantian theory.
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What is one major effect of specialization on an economy?
O A. Self-sufficiency becomes more important as many businesses
shut down.
B. Opportunity costs for trade rise as businesses are slow to change.
C. Labor becomes more divided as workers focus on certain skills.
D. Voluntary exchange declines as fewer countries can trade
internationally.
Answer: It’s C
Explanation: read it before you check it because the order might be different in different test.
The one major effect of specialization on an economy is that the Labor becomes more divided as workers concentrate on definite skills.
What is specialization in an economy?Specialization is a manufacturing method in which an organization concentrates on producing a narrow range of products in order to increase efficiency.
Specialization has one cardinal determinant on an economy, that the labor becomes more and more divided as workers focus on specific abilities.
Therefore, option C is correct.
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When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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Any object that you can used to pay for goods or services can be classified as money.
True
False
Answer:
True
Explanation:
How might a Product Owner (PO) adjust team events to take advantage of this capability and promote the flow of value?
Answer:
hello your question is incomplete below is the complete question
An Agile Release Train (ART) has implemented a completely automated Continuous Integration/Continuous Delivery (CI/CD) pipeline that can deploy code as it is checked into the source-code repository. How might a Product Owner (PO) adjust team events to take advantage of this capability and promote the flow of value? 1. Release Stories that have been included in the team demo 2. Review and accept Stories as they are completed 3. Identify Stories that are cleared for automatic delivery during Iteration Planning 4. Implement Feature toggles to control which Stories are released
answer : Identify Stories that are cleared for automatic delivery during Iteration Planning ( 3 )
Explanation:
The Best way a product owner( PO ) can adjust team events in order to take advantage of this capability and promote the flow of values is ; Identify Stories that are cleared for automatic delivery during Iteration Planning.
This is because this options identifies ART and its clearance.
What others changes could lisa make possitively affect her budget
Some other changes that Lisa can make to positively affect her budget include:
Setting up budgeting goalsSetting up a monthly review How can be budget better?You did not include the whole question so I will give a general overview.
In order to be able to come up with a good budget, one thing that we need to do is to set up some budgeting goals. We need to figure out why we are budgeting and what we hope to gain for it. Having a reason for budgeting makes it easier to budget because we know what we are working towards.
It is also important to set up a monthly review of our budget to see how well we are doing with it. This monthly review will show if we are sticking to the budget and what we can do to be better at the budgeting process. Budgeting is not easy the first couple of times so we need a review to keep us on track.
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Why would banks offer higher interest rates for savings and checking accounts?
A. to encourage people to spend money in the economy
B. to discourage people to spend money in the economy
C. to encourage people to put money in saving and checking accounts
D. to discourage people to put money in saving and checking accounts
Answer:
C) To encourage people to put money in savings and checking accounts
Explanation:
What are the possible problems for readers when companies market their goods on social media? How do social media companies make money? Can individuals keep their information private from marketers when they use social media?
Answer:
I want to know to
Explanation:
Suppose that you start off in long run equilibrium, where LRAS, SR, and AD meet altogether in one point. Explain what happens to price, real GDP, inflation, and unemployment in each of the following cases:
(a) The interest rate falls;
(b) Wage rate temporarily falls;
(c) The dollar appreciates relative to foreign currencies;
(d) Businesses temporarily expect higher resource prices in the future;
(e) Business taxes rise
(a) When the interest rate falls, it stimulates borrowing and investment, leading to an increase in aggregate demand (AD). As a result, both price levels and real GDP will rise. The increase in aggregate demand will lead to upward pressure on prices, causing inflation to increase. With increased investment and economic activity, unemployment is likely to decrease as businesses expand and create more job opportunities.
(b) If the wage rate temporarily falls, businesses' production costs decrease, leading to a decrease in their marginal cost (MC) and an increase in short-run aggregate supply (SRAS). As a result, both price levels and real GDP will increase. With lower production costs, businesses can lower their prices, which can lead to a decrease in inflation. However, the impact on unemployment depends on the elasticity of labor supply. If the wage decrease leads to a significant increase in labor supply, it could lead to an increase in employment and a decrease in unemployment.
(c) When the dollar appreciates relative to foreign currencies, it makes imports relatively cheaper and exports relatively more expensive. This leads to a decrease in net exports, reducing aggregate demand (AD). As a result, both price levels and real GDP will decrease. With decreased aggregate demand, inflation is likely to decrease. The decrease in economic activity can also lead to an increase in unemployment as businesses may reduce production and cut jobs.
(d) If businesses temporarily expect higher resource prices in the future, it can lead to an increase in their costs of production. This will result in a decrease in short-run aggregate supply (SRAS), leading to higher price levels and lower real GDP. With higher production costs, businesses may pass on the cost increases to consumers, leading to higher inflation. The impact on unemployment depends on the extent to which businesses adjust their production and hiring plans in response to the expected higher resource prices.
(e) When business taxes rise, it increases the cost of production for businesses. This leads to a decrease in short-run aggregate supply (SRAS), causing price levels to increase and real GDP to decrease. Higher production costs can lead to higher inflation as businesses pass on the tax burden to consumers. The increase in production costs may also result in businesses reducing their output and cutting jobs, leading to an increase in unemployment.
It's important to note that these are simplified explanations and the actual impact of these factors can be influenced by various other economic conditions and factors. Additionally, the magnitude and duration of the effects can vary depending on the specific circumstances and the overall state of the economy.
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Which is the first step in setting a financial goal?
a. setting aside leftover income
b. reducing your spending
c. tracking your spending
d. starting a second source of income
Answer:
All four actually.
Explanation:
In order to reach a financial goal you need to:
1. Save Money
2. Set and manage a budget (usually a monthly budget listing all your known expenses works)
3. Track your spending, and keep managing your budget.
4. Reduce your spending. If you are trying to reach a goal, a great line of thinking is “Only buy what you Need, Not what you Want”
5. If you are trying to reach a set financial goal quickly, then yes, it makes sense to find a secondary source of income, such as a part time job, or start a selling site on EBay, for items you don’t use anymore, etc.
Answer: B. reduce your spending.
Explanation: by not spending money this will allow you to save money for your financial goal.
PLEASE HELP QUICKLY: (FIRST ANSWER GETS BRAINLIEST) PERSONAL & FAMILY FINANCE
Ivywood Country Club recently hired Spencer to find additional resources, make major decisions involving membership, and develop ideas for new swag to be sold in the pro shop. What unique skill did the club MOST likely need when they hired Spencer?
capital capacity
labor talent
entrepreneurial ability
Answer:
entrepreneurial ability
Explanation:
Entrepreneurial ability is the capacity to understand every aspect of a business. It entails combining a range of technical, management, and personal skills. Entrepreneurial ability incorporates creativity, ambition, determination, teamwork, risk management, and a sense of responsibility.
Spencer must have Entrepreneurial abilities; that's why the club hired him. The club believes that his creativity and determination will be useful in finding additional resources. Spencer can recognize, attract, and retain talent. Entrepreneurial abilities involve taking over a business that already exists and making it better.
how are wages determined in a free market?
Answer:
Classical economists argue that wages—the price of labor—are determined (like all prices) by supply and demand. They call this the market theory of wage determination. ... Long story short: the price of labor is determined in the free market just like every other price, by the intersection of supply and demand.
Explanation:
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the largest share of total production in the united states is? A.consumption goods and services. B) capital goods. C) government goods and services.
The largest share of total production in the United States is consumption goods and services. A is correct option.
The U.S. agriculture industry encompasses a variety of industries that are connected to agriculture in addition to the farm business. Agriculture, food, and related industries generated 10.5 percent of all employment in the United States in 2021 and contributed 5.4 percent to the country's gross domestic product. On average, Americans spend 12 percent of their household budgets on food. The Federal Government spends a disproportionate amount of money on nutrition aid compared to other programmes.
In 2021, the U.S. agriculture, food, and related sectors made up about 5.4 percent of the country's GDP, or $1.264 trillion. About 0.7 percent of the U.S. GDP, or $164.7 billion, came from the agricultural output of America.
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To energize employees and inspire excellence, an organization may set ________, which are reasonable yet highly ambitious. Imagine that the American Red Cross Board of Governors sets a goal of increasing online donations by 15 percent year over vear for the next three years. They view this goal as very challenging but achievable. Why might the organization's leaders set such an ambitious goal? Check all that only. A. Stretch goals are a way to maintain results while making incremental improvements, ensuring that stakeholders feel comfortable with the organization's direction. B. to meet goals well beyond what has been accomplished before, members of the organization often find creative and innovative ways to do things. C. Highly ambitious goals can inspire employees and volunteers. D. Setting a goal that seems impossible to many will cause less motivated employees to quit the organization, raising the average level of performance.
The organization's leaders set such an ambitious goal Highly ambitious goals can inspire employees and volunteers.
Briefing:-To meet goals well beyond what has been accomplished before, members of the organization often find creative and innovative ways to do things.
What are some instances of ambitious goals?get a degree from a university.
Develop your expertise in that area.
Aspire to the position of CEO.
Turn into a manager.
assist a startup in starting up.
enlarge your network at the workplace.
What are the goals of ambition?Aspiration is the intense desire to accomplish any objectives you set for yourself. Your inner spark is what drives you to keep working at whatever it is that you're doing. Without it, you wouldn't make progress toward your objectives and, most likely, you wouldn't establish any objectives at all.
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Companies that use job-sharing plans sometimes must _____ fringe benefits.
Companies that use job-sharing plans sometimes must prorate fringe benefits.
When two or more employees share a full-time job, their hours and pay are divided based on the percentage of time each works. Since they are not working full-time, they may not be eligible for the same level of fringe benefits as full-time employees. Therefore, companies may need to prorate their fringe benefits, such as health insurance, vacation time, and retirement benefits, based on the number of hours each employee works. This ensures that each employee receives a fair share of benefits proportional to their work hours.
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What are the different methods of withdrawing cash from the bank?
Most banks feature ATMs where you can use your debit card to withdraw money from your account. The ATMs at your bank are free to use, however those at other banks may require a fee.
What are the other different methods of withdrawing cash?There are several ways you can withdraw cash from a bank:
Over-the-counter withdrawal: You can ask a teller at a bank branch to take money out of your account.
App for mobile banking: Many banks have apps for mobile banking, which let you use your smartphone to withdraw money from your account. For the transaction to be successful, you might need to utilise a particular ATM.
Check: You are able to write yourself a check that you can cash at a bank or a check-cashing facility.
Cash withdrawals are possible using some banks' online banking systems. For the transaction to be successful, you might need to utilise a particular ATM.
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starbucks canada what caused the issues faced by starbucks us after their rollout of square mobile payments?
In Starbucks as even after 6 months post its installation the Starbuck Square payments were seeing failure rates as high as 57%.
Many of Starbucks readers were able to scan only one-dimensional barcodes and instead of the two-dimensional ones.Baristas had to ultimately type in 16-character barcodes manually into the customer’ phone and often they had to seek the help of a manager, making the Square payment process longer than a regular transaction.Square was supported by only company owned Starbucks and not by individually licensed locations which made up to 30 percent of Starbucks stores.All these problems prevented Starbucks from getting its ROI on the $25 million investment it made in SquareLearn more about starbucks
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From the perspective of the ____, the price at which a unit is exchange is the marginal cost of that unit
Answer:
From the perspective of the SELLER, the price at which a unit is exchange is the marginal cost of that unit
One of your fellow investment adviser representatives (IAR) recently turned a large profit on the sale of a security. You overhear him discussing the sale with another employee. He says that he purchased the security from the firm's account and after the transaction was complete, he began recommending the security to all of his clients some of whom purchased large blocks of the specified security. After all of the clients willing to make the purchase had done so, he sold his shares for a large profit. Which of the following is the most serious violation that the IAR committed?
A. The IAR engaged in profit taking
B. The IAR engaged in front running
C. The IAR excessively traded the accounts
D. The IAR made unsuitable recommendations to his clients
Answer:
Option b: The IAR engaged in front running
Explanation:
Investment Adviser are simply individuals who offers advice/analyses on securities and they are involved offering such advice (even if it's not the primary service offered). They also receives compensation for these services that is rendered. Their services also include consultation as they give advise on pension plan, sports and investments.
The SEC do offer or restricts distribution participants (underwriters and issuers) from bidding for or making secondary market purchases of the stock that is being offered in a distribution.
Front Running
This is simply said to be the act of placing a broker's personal orders ahead of a customer's large order so as to make a profit from the market effects of the trade and also when a broker who buys himself shares in a stock just before his brokerage plans to buy a large block of share.