there are not enough goods and services to meet the wants of the population
Answers
Answer:
Explanation:
The fact that limited amounts of goods and services are available to meet unlimited wants is called scarcity. ... Scarcity always exists. There simply are not enough goods and services to supply all of society's needs and wants.
Related Questions
Why are firms willing to accept losses in the short run but not in the long run?.
Answers
The reason why firms are willing to accept losses in the short run but not in the long run is that E. There are sunk costs in the short run but not in the long run.
What are sunk cost?In economics and business decision-making, a sunk cost can be explained as the cost which has ben been incurred and as a result of this it ca not be recovered.
It should be noted that Sunk costs are contrasted with prospective costs, and may be avoided if action is taken, however the firms are willing to accept losses in the short run due to the fact that sunk costs are present in the short run .
Therefore, option E is correct.
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missing options
A. Firms cannot shut down in the short run.
B. Fixed costs are larger in the long run than in the short run.
C. Firms are price takers in the short run but not in the long run.
D. It is always profitable to incur losses in the short run because profits will always arise in the long run.
E. There are sunk costs in the short run but not in the long run.
how can we make a village or locality as beautiful as sarangkot
Answers
Answer:
wth is a sarangkot?-
Explanation:
Firms and industries producing capital goods are affected most by the business cycle and the negative effects of a recession because purchases of capital goods ______. Multiple choice question. cannot be postponed are made frequently are typically unexpected can be postponed
Answers
Firms and industries producing capital goods are affected most by the business cycle and the negative effects of a recession because purchases of capital goods can be postponed.
A country is in recession when the GDP of the country for two consecutive quarters is negative. A business cycle is a cycle of growth and decline in the economy.
When a country is in a recession or at a trough in the business cycle, there is usually a low level of economic activities. As a result, there is a decline in the demand for capital goods. On the other hand, the demand for consumer goods cannot be postponed. As a result, consumer goods are not as negatively affected by a recession as much as capital goods.
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Which job in the Finance career would be best for someone who had knowledge of banking and credit systems and the ability to repetitively process transactions?
Accounts Clerk
Insurance Underwriters
Claims Clerk
Business Financial Manager
Answers
Answer:
B). Insurance Underwriter.
Explanation:
The job of 'Insurance Underwriter' would be the most appropriate career option for a person who possesses knowledge regarding the banking sector, as well as, credit organizations along with the potential to process transactions in repetition. In this job, he could use his knowledge for examining the data of the applicants and evaluate the risks associated in order to decide if the insurance is to be offered to them or not along with their necessary premiums and coverages in repetition. Thus, option B is the correct answer.
Stephan's dream is to own his own hair styling salon. Which educational path
will help him realize that goal?
OA. A 900 hour certificate course at an electrical college.
B. A two-year degree at a state college.
C. A 1,200 hour certificate course at a beauty college.
OD. A four-year humanities degree at a state college.
Answers
The educational path that will help him realize that goal is: C. 1,200 hour certificate course at a beauty college.
What is goals?Goals can be defined as what a person have the plan to achieve and work towards achieving the set goals.
If his dream was to have his own hair styling salon, 1,200 hour certificate course at a beauty college will be the best choice as it is the educational path that will enable him to achieve his set goal.
Therefore the correct option is c.
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your portfolio has a beta of 1.18 and consists of 15 percent u.s. treasury bills, 30 percent stock a, and 55 percent stock b. stock a has a risk level equivalent to that of the overall market. what is the beta of stock b?
Answers
Portfolio has a beta of 1.18 and consists of 15 percent U.S. treasury bills, 30 percent stock a, and 55 percent stock b. stock a has a risk level equivalent to that of the overall market. The beta of stock b is 1.60.
Treasury bills = 0.15 × 0 = 0.00
Stock A = 0.30 × 1= 0.30
Stock B = 1.18 - 0.30 = 0.88
Beta of stock B = 0.88/0.55 = 1.60
A stock's anticipated movement in relation to market movements is measured by a concept called beta.A stock is thought to be less volatile if its beta is less than 1.0 and more volatile if it is bigger than the general market.Beta is a part of the Capital Asset Pricing Model, which computes the cost of equity financing and can assist in determining the rate of return to anticipate in relation to perceived risk.Beta, according to its detractors, is of limited value when choosing stocks because it provides insufficient information about a company's fundamentals.Beta is arguably a more accurate measure of immediate danger than it is of long-term risk.Learn more about Beta, here
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Question Mode Multiple Choice Question Personal financial planning is the process of managing your money to achieve: Multiple choice question. the purchase of your dream car. wealth by middle age. personal educational goals. personal financial goals.
Answers
The personal financial planning is the process of managing your money to achieve personal financial goals.
What is a personal financial planning?This refers to the process of planning the management of personal financial activities such as income generation, spending, saving, investment etc.
Hence, this plan involves the process of managing your money to achieve personal financial goals.
Therefore, the Option D is correct.
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hello , What are three common tools for qualitative research in business and marketing?
Answers
Answer:
they would be in-depth interviews, focus group discussions and observation over data
Explanation:
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firms with better technology will always force incumbent firms with worse technology out of the market. true or false
Answers
The statement, ' firms with better technology will always force incumbent firms with worse technology out of the market ' is False.
What is the reason?While having better technology can certainly give a firm a competitive advantage, it does not guarantee success or the ability to force out incumbent firms.
There are several factors that contribute to a firm's success, such as brand reputation, customer loyalty, marketing strategy, and pricing strategy.
Additionally, incumbent firms may have established relationships with suppliers and customers that cannot easily be replicated by a new entrant.
Moreover, some industries may have high barriers to entry, making it difficult for new firms to enter the market. Therefore, while technology can be an important factor in a firm's success, it is not the only one.
Hence, statement is false.
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Bianca Bicycle Company manufactures mountain bikes with a variable cost of $2,700. The bicycles sell for $3,450 each. Budgeted fixed manufacturing overhead for the most recent year was $12,700,000. Planned and actual production for the year were the same. Required: State whether operating income is higher under variable or absorption costing and the amount of the difference in reported operating income under the two methods. Treat each condition as an independent case. (Round intermediate calculations to 2 decimal places.) 1. Production Sales Production Sales 2. 3. Production Sales 1. 2 3. Income Higher Under (Method) 23,700 units 28,400 units 14,000 units 14,000 units 13,550 units 10,650 units Amount of Difference
Answers
Income is higher under variable costing by $12,605,869.
There are two costing methods used in accounting, which are absorption costing and variable costing. These costing methods are used to determine the cost of goods sold and inventories. To determine the operating income, each costing method has a different approach.
1. Production = 23,700 units
Sales = 23,700 units x $3,450 = $81,915,000
Under Variable Costing Method: The variable cost per unit is $2,700; therefore, the variable cost for producing 23,700 units is:
Variable cost = Variable cost per unit × Production= $2,700 × 23,700= $64,170,000
Under variable costing, fixed manufacturing overhead is treated as a period cost and expensed in the period incurred. Operating income is calculated as follows:
Revenue $81,915,000
Less: Variable cost 64,170,000
Contribution margin 17,745,000
Less: Fixed cost 12,700,000
Operating income $5,045,000
Under Absorption Costing Method: Under absorption costing, all manufacturing costs, both variable and fixed, are assigned to products. Therefore, the cost of producing 23,700 units is:
Variable cost = $2,700 × 23,700 = $64,170,000
Fixed cost per unit = Total fixed cost ÷ Number of units produced= $12,700,000 ÷ 23,700= $535.97Total cost per unit = Variable cost per unit + Fixed cost per unit= $2,700 + $535.97= $3,235.97
Total cost of producing 23,700 units = Total cost per unit × Production= $3,235.97 × 23,700= $76,775,869
Operating income is calculated as follows:
Revenue $81,915,000
Less: Cost of goods sold 76,775,869
Gross margin 5,139,131
Less: Fixed cost 12,700,000
Operating income ($7,560,869)
Income Higher Under (Method): Income is higher under variable costing than absorption costing.
Amount of Difference= Variable costing operating income - Absorption costing operating income= $5,045,000 - (-$7,560,869)= $12,605,869
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4. To promote diversity, companies actively seek and promote individuals in all of the following areas
except
1. educational levels.
2.ages
3. Races
4. National origins
Answers
Answer:
1.
Explanation:
Educational levels cannot be diversified depending on the position, many require a minimum level of education to properly conduct job functions.
define finance education for class 8
Answers
two regional ________ have shut down amid a nationwide financial slowdown.
Answers
Answer:
This makes the Great Lockdown the worst recession since the Great Depression, and far worse than the Global Financial Crisis.
Match the financial statement with its description. To match them, click the Description and then click the Financial Report Name
Answers
Answer:
a-3 / b-2 / c-4 / d-1
Explanation:
Notes to financial statements: Includes a summary of significant accounting policies and explanations of specific items on the financial statements.
The notes are required by the full disclosure principle. Also referred to as footnotes. Provide additional information pertaining to a company's operations and financial position.
Report of independent registered public accounting firm: Attests to the fairness of the presentation of the financial statements.
is a process designed to provide reasonable assurance regarding the reliability of financial reporting.
Management's discussion and analysis of financial condition and results of operations (MD&A): Is written by the company to help investors understand the results of operations and the financial condition of the company.
Disclosure is mandatory where there is a known trend or uncertainty that is reasonably likely to have a material effect on the registrant's financial condition or results of operations
Financial statements: Includes the income statement, balance sheet, statement of stockholders' equity, and statement of cash flows.
are reports prepared by a company's management to present the financial performance and position at a point in time.
Financial statements refer to how company communicates their finance. The financial statement that reflects a company’s profitability is hereby given below.
Financial statements in sheetsThe various accounting activities that precedes financial statements are hereby matched below:
A. Statement of retained earnings or owner's equity
Include information of owner's retained earnings and dividends.
B. Income statement - Revenues
Shows revenues and expenses over a period of time.
C. Statement of cash flow
shows money moving in and out, categorized by operations, investing and finance
D. Balance Sheet
A snapshot of a company's assets, liabilities and equity at a specific moment in time.
Therefore, the answers are Statement of retained earnings or owner's equity, Income statement - Revenues, Statement of cash flow, Balance Sheet respectively.
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data on gantry company's direct labor costs are given below: standard direct labor-hours 38,000 actual direct labor-hours 37,000 direct labor efficiency variance-favorable $ 4,400 direct labor rate variance-favorable $ 7,400 total direct labor payroll $ 155,400 what was gantry's standard direct labor rate?
Answers
Gantry Company's standard direct labor rate was $4.09 per hour.
The formula for calculating the direct labor rate variance is:
Direct Labor Rate Variance = (Actual Rate - Standard Rate) x Actual Hours
We know that the direct labor rate variance was favorable at $7,400, and the actual direct labor hours were 37,000.
We also know that the standard direct labor hours were 38,000.
Using this information, we can solve for the actual rate:
$7,400 = (Actual Rate - Standard Rate) x 37,000
$7,400 / 37,000 = Actual Rate - Standard Rate
0.20 = Actual Rate - Standard Rate
Actual Rate = Standard Rate + 0.20
Now, we can use the information given in the question to solve for the standard direct labor rate:
Total Direct Labor Payroll = Standard Direct Labor Rate x Standard Direct Labor Hours
$155,400 = Standard Direct Labor Rate x 38,000
$155,400 / 38,000 = Standard Direct Labor Rate
$4.09 = Standard Direct Labor Rate
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Beth is the assistant store manager at a trendy clothing store. The store hires lots of seasonal employees. Beth has little regard for the skill or ability of those she hires, and she is certain that few would come to work on time each day if it weren't for the fact that the store is known to fire any employee who fails to be on time. As a student of motivational theory, you would describe the management style of Beth as
Answers
Answer:
The correct answer will be "Theory X".
Explanation:
Through Theory X, alternatives to administration may range across a hard methodology to another soft one. The hard or challenging framework is focused on intimidation, overt threats, small compared oversight as well as tighter restrictions, which are control or perhaps management system.One such approach to management believes the average employee seems to have little motivation, lacks accountability, and therefore is structured to individual objectives.So you might well characterize Beth's leadership approach as Theory X as being a graduate of motivation factors.
Scott company had sales of $12,000,000 and related cost of goods sold of $9,000,000. Scott provides customers a refund for any returned or damaged merchandise. At the end of the year, scott estimates that customers will request refunds for 1% of sales and estimates that merchandise costing $50,000 will be returned. Journalize the adjusting entries on december 31 to record the expected customer returns.
Answers
Journal entries to be recorded for expected customer returns
Journal entry1:
trade receivables $12,000,000 (debit)
income of $11,880,000 (credit)
refund obligations $120,000(credit)
(Being Acknowledgement of Sales Revenue and Refund Liability.)
Journal entry 2:
Cost of Goods sold $9,000,000 (debit)
Inventory $9,000,000(credit)
(Being Acknowledgement of Sale-Related Costs)
Journal entry 3:
Asset with Recovery Rights $50,000 (debit)
Cost of goods sold $50000(credit)
(Being the Reduction of the Cost of Sales with Items Having the Right to Return)
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consideran que las costumbres y tradiciones deben mantenerse ala nueva generación
Answers
Answer:
Efectivamente, considero que las costumbres y tradiciones deben mantenerse en las nuevas generaciones, pues forman parte de la idiosincrasia y la identidad de un pueblo, sociedad o nación. De esta manera, a través del mantenimiento de estas costumbres y tradiciones, las nuevas generaciones seguirán sintiendo una especial pertenencia a su patria, y mantendrán un vínculo que los ligará con esta y con sus compatriotas, puesto que las costumbres y tradiciones son parte esencial de la identidad de una nación.
Match the items in the following two lists by matching the letter (or let- ters) of the information quality (qualities) that best describes the informa- tion quality violation presented in the second column. Some letters may not be used at all and some may be used more than once. 1. Bruce in the shipping department has been given the job of monitoring shipments to make sure that they are shipped in a timely manner. To do this, he uses a monthly report of items ordered but not shipped in the past month. A. Accuracy B. Completeness 2. Brooks Company has been recording shipments of goods that were not ordered by their customers. 3. Shipments at Ever Ltd, are entered into PCs in the shipping department office. The paperwork often gets lost between the shipping dock and the office, and some shipments do not get entered. C. Relevance 4. Order entry clerks at Carolina Inc. enter cus- tomer orders into PCs connected to the D. Timeliness accounting system. The clerks are supposed to enter a code into a field to indicate if the order was mailed, faxed, or phoned in. But they do not always enter this code. Conse- quently, data on the recorded orders regarding the type of order is not reliable. o 5. Emerald Co.'s warehouse workers write the quan- tities of what they pick goods are removed from the warehouse shelves. These workers are not careful, and the recorded quantities of what they picked is frequently wrong. E. Validity on the picking ticket as the od benidp
Answers
Bruce in the shipping department has been given the job of monitoring shipments to make sure that they are shipped in a timely manner. To do this, he uses a monthly report of items ordered but not shipped in the past month. This violates timeliness. Therefore, D is the correct option.
Brooks Company has been recording shipments of goods that were not ordered by their customers. This violates relevance. Shipments at Ever Ltd, are entered into PCs in the shipping department office. The paperwork often gets lost between the shipping dock and the office, and some shipments do not get entered. Order entry clerks at Carolina Inc. enter customer orders into PCs connected to the accounting system. The clerks are supposed to enter a code into a field to indicate if the order was mailed, faxed, or phoned in. But they do not always enter this code. Consequently, data on the recorded orders regarding the type of order is not reliable. Emerald Co.'s warehouse workers write the quantities of what they pick goods are removed from the warehouse shelves. These workers are not careful, and the recorded quantities of what they picked are frequently wrong.
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in October 2001 president George w bush gave directions to establish the office of homeland security and the homeland security council. what is this an example of? A. treaty B. executive order C. agency regulation D.Statute
Answers
Answer:
agency regulations i think
Do all provisions of a tax act eventually end up in the Internal
Revenue Code? Explain.
Answers
No, not all provisions of a tax act eventually end up in the Internal Revenue Code (IRC).
The Internal Revenue Code is the primary source of federal tax law in the United States, but it does not directly include all provisions of a tax act. When a tax act is passed by the legislature, it becomes law. However, the tax act itself is a separate legal document from the IRC. The tax act contains provisions that amend, add, or repeal sections of the IRC. These provisions may introduce new tax laws, modify existing ones, or provide temporary provisions that expire after a certain period.
The process of incorporating the provisions of a tax act into the IRC involves a series of steps. First, the tax act is enacted as a separate law. Then, the relevant provisions are analyzed, and the appropriate changes are made to the IRC. This may involve adding new sections, amending existing ones, or repealing outdated provisions.
However, not all provisions of a tax act are permanent or deemed suitable for inclusion in the IRC. Some provisions may be time-limited, applicable only for a specific period, or designed to address temporary economic conditions. In such cases, these provisions may have expiration dates or be subject to renewal or extension by subsequent legislation.
Therefore, while the IRC is regularly updated to reflect changes in tax laws, it does not automatically include all provisions of a tax act. Only those provisions that are deemed necessary, permanent, or relevant for ongoing tax administration and enforcement are incorporated into the IRC, ensuring that the code remains a comprehensive and up-to-date source of federal tax law.
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I have an entrepreneurship project what good invention could make that benefits Americans?
Answers
Answer:
think of a problem an everyday American citizen faces. come up with an invention to solve that.
Which of the following is a common way to describe a product that is being offered for sale? (Select the best answer.)
Which of the following is a common way to describe a product that is being offered for sale? (Select the best answer.)
In business
On exchange
On the market
In the market
Answers
Answer:
On the market
Explanation:
On the market is the phrase that refers to items that have been offered to the market for sale. When an item has been labeled 'on the market,' it means the item is available for sale. Buyers are invited or welcomed to buy.
In the market is when a buyer is shopping for an item to buy. In the market for a car mean they are looking for a car to buy.
Which best description of joint tenancy is best? Two or more people own a property equally or two or more people in the same family own a property equally
Answers
Answer:
Two or more people own a property equally
Explanation:
This persons who equally own a property may not necessarily be a family member, and the property may be a business, brokerage accounts or a real estate (a single home).
In most cases however, this Joint tenancy is made between married couples, wherein both parties equally own a property and share in the responsibilities of that property. Ownership is transferred to the other remaining members of the agreement automatically if one party dies.
The best description that can denote joint tenancy that two or more people own a property equally. So, the correct option that matches the above statement is A.
Joint tenancy refers to the condition where at least two people jointly hold, acquire or possess the benefits of a property under their name in proportion as may be determined.
The joint ownership is a condition where at least two people are required to make contracts of owning, buying, renting, leasing or selling such property in an equal proportion.The ratio of ownership in case of a joint ownership of a property where the benefits are shared equally is 1:1. One partner will share the benefits and bear losses equally in proportion of the other owners.There exists a relationship of vicarious liability in case of a joint tenancy which refers that one partner will be liable for the acts of the other partner(s).Hence, the correct option is A that the best example of a joint tenancy is when two or more people own a property equally.
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who is ymca's target market?
who are ymca's end-users?
who are ymca's donors?
Answers
YMCA's target market is women.
YMCA's end-users are people of all ages.
YMCA's donors can be anyone.
A global youth organization with over 64 million beneficiaries in 120 countries, the YMCA (also referred to as the Y in certain regions) is headquartered in Geneva, Switzerland.
The Y not only offers fitness facilities to strengthen your body and mind, but it also gives you peace of mind by offering the best childcare available. The growth and development of your child's mental, physical, and emotional well-being can be significantly influenced by the correct childcare programs.
In 1844, a farmer-turned-department store employee and his pals met in industrial London to form the first YMCA, a haven for young men seeking safety from the dangers of the streets.
Yes, we are aware that the YMCA audience consists primarily of women between the ages of 35 and 55 who enjoy visiting the shore and who are interested in SUVs (example of X YMCA).
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as consumer demand for new cars increases, tire makers and steel and aluminum suppliers may experience an increase in demand for their products, which is an example of:
Answers
The increase in demand for tire makers, steel and aluminium suppliers is an example of derived demand.
Derived demand is the demand for a good or service as a result of an increase in the demand for another good or service. Labour and raw materials usually have a derived demand.
As the demand for new cars increase, car makers would want to produce more cars in order to meet the increased demand. This would lead to an increase in the raw materials and labour that is needed to make more cars. On the other hand, if there is a decrease in the demand for new cars, there would also be a decrease in the demand for the raw materials and labour that is needed to make more cars.
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What is your idea of success?
Answers
Answer:
my idea of success is accomplishing all of one's goals.
Why were multiple of my answers deleted? Granted, someone else answered the question, but I gave different explanations, and in some I gave a different answer that was right and the other answer was wrong, yet like 5 of them just got deleted? Why? I said nothing inappropriate.
Answers
It is possible that your answers were deleted by a moderator or administrator if they deemed them to be incorrect or not relevant to the question.
What is administrator?An administrator is a person who is responsible for managing the day-to-day operations of an organization. These operations may include supervising staff, overseeing resources and budgets, and ensuring that policies and procedures are followed. Administrators may also be responsible for designing and implementing organizational strategies and procedures. Administrators are often found in all types of organizations, including businesses, educational institutions, government agencies, and non-profit organizations. The skills and duties of an administrator vary depending on the type of organization they are employed by.
If you believe that your answers were deleted in error, you can contact the moderator or administrator who deleted them and explain your situation. They may be able to provide more information about why your answers were removed.
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What intermediaries never actually own the products they promote and sell?
Answers
Answer:
Agents
Explanation:
An agent is a person or entity that has been authorities to act on behalf of another person. Agents negotiate business deals and contracts with third parties on behalf of their clients.
In the chain of distribution, many manufacturers do not sell products directly to consumers. They engage intermediaries such as wholesalers, distributors, retailers, and agents to get their goods to the final consumers. A majority of these intermediaries buy in bulk, break the bulk and sell to other intermediaries or consumers. When they buy, they acquire title to the goods.
Agents do not acquire ownership of the goods because they do not buy. They only negotiate with consumers or intermediaries on behalf of the manufacturers.
Acc 450 the auditors' primary means of obtaining corroboration of management's information concerning litigation is a:
Answers
The auditors' primary means of obtaining corroboration of management's information concerning litigation is a letter of audit inquiry to the client's lawyer.
Auditing refers to the processes by which the auditor obtains evidence to assess and evaluate financial statements. It consists of testing the various audit statements made, relating to matters like transactions and balance sheets of the firm.
A letter of audit inquiry to the client's lawyer the mode by which the auditor verifies the information provided by the firm on its litigations. The auditors may corroborate the information, or seek detailed explanation from the legal counsel of the firm on the issues they are examining.
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