The effective periodic rate is calculated to be 0.0941% and the maximum amount that can be borrowed based on a weekly payment of $1,300 is
A. $273,139.83.
1. The effective periodic rate can be calculated using the formula: (1 + r/n)^n - 1, where r is the annual interest rate and n is the number of compounding periods per year. In this case, the annual interest rate is 4.95% and there are 2 compounding periods per year (semi-annual compounding).
Using the formula, the effective periodic rate is:
(1 + 0.0495/2)^2 - 1 = 0.0941
Therefore, the effective periodic rate is 0.0941% (Option A).
2. To calculate the maximum amount that can be borrowed, we can use the loan amortization formula:
Loan Amount = Payment / ((1 - (1 + r)^(-n)) / r),
where Payment is the weekly payment amount, r is the effective periodic rate, and n is the total number of payments.
In this case, the weekly payment is $1,300, the effective periodic rate is 0.0941%, and the total number of payments is 52 payments per year multiplied by 25 years.
Using the formula, the maximum amount that can be borrowed is:
Loan Amount = $1,300 / ((1 - (1 + 0.000941)^(-52*25)) / 0.000941) ≈ $273,139.83
Therefore, the maximum amount that can be borrowed is $273,139.83 (Option A).
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Morning light does not enter the swamp. Even the sunrise is dark. Still, time progresses, night into day
A picture of bayou country is deceiving Slow streams converge under mud to make the appearance of land that is actually water. One net of moss hangs from one hundred trees. Lightning strikes the
same stump many times.
People pass the swamp's fringes in trains, on tracks that cling to the last solid ground. Out of their windows are landscapes that take the earth's colors to every periphery, Bright orange sunsets
surround people like sky on an airplane. On gray foggy mornings they ride through a dream that has no beginning or end. But time has its limits, these people know. They are expected places--Memphis
by midnight, New Orleans by dawn
Deep in the swamp, animals keep the only appointments Birds gather at high places in trees. Raccoons make their last noisy passes for food across someone's back porch before he awakes. Fish all
around splash up, although they cannot see the morning coming to clean the picture of day like clothes bleaching in a galvanized tub from dark gray to light gray
Joan looked out from the porch to the swamp she had known all her life. Ahead of her in the veiled light were the outlines of many trees. Below and around her were the crisp sounds of nature
awakening Cupped in both hands, perched on her knees was a warm mug of coffee.
Which of the following can the reader infer from the passage above?
O Travelers sleep throughout the journey.
O The ride is for airplane passengers to see the sky.
O Travelers lose their sense of the outside world.
Answer:
Travelers lose their sense of the outside world.
Explanation:
Study Island
what describes initial public offering?
Answer:
refers to the process of offering shares of a private corporation to the public in a new stock issuance. Public share issuance allows a company to raise capital from public investors.
Explanation:
1. The reading discusses three management theories. What are these three management theories?2. How are Theory X and Theory Y different, according to the reading?3. How Theory Z is different than Theory X and Y? Please explain.4. Imagine that you are a manager in charge of approximately a dozen workers. Would you prefer to rely primarily on Theory X, Y, or Z as your management style? Why? Please explain.
1. The three management theories discussed in the reading are Scientific Management, Human Relations Management, and Systems Management.
2. According to the reading, Theory X assumes that employees are inherently lazy and need to be closely supervised and motivated through rewards and punishments. In contrast, Theory Y assumes that employees are self-motivated and can be trusted to work independently with minimal supervision.
3. Theory Z differs from Theory X and Y by emphasizing long-term employment, group decision-making, and a strong commitment to the organization by both the employees and management.
4. The choice of management style would depend on various factors, such as the nature of the work, the characteristics of the employees, and the organization's goals. In some situations, Theory X might be appropriate if there is a need for close supervision and the employees require motivation to perform their tasks. Theory Y might be better if the employees are self-motivated and can work independently. Theory Z might be ideal for organizations that value employee commitment and team-based decision-making. Ultimately, a manager needs to assess the situation and choose a management style that aligns with the organization's goals and employee needs.
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The new chief information officer of a national fast food chain is using mathematical tools to aid in product ordering and scheduling decisions. The CIO is using
Answer:
"Management Science" would be the correct solution.
Explanation:
Management research or science seems to be the field of the scientific community to the research paper of large organizations, as well as excursions operations. Advanced manufacturing development and software current study are two professions been between management sciences. It deals with either the development of new and innovative and improved organizational excellence modeling techniques.6. Examples of price discrimination Complete the following table by indicating whether or not each scenario is an example of price discrimination. Hint: To determine whether a scenario is an example of price discrimination, think about whether the market can be segmented into two groups that pay different prices for the same good. Price Discrimination Scenario Yes No A local boutique is having a sale on sweaters, but customers are not aware of the sale until they are already in the store. In other words, there is no advertising of the sale other than signs in the back of the store that cannot be seen from the outside. All sweaters are marked as 25% off. Southeast Airlines offers domestic flights to a variety of U.S. cities. The company's last-minute flight discount service, Ping, can be downloaded for free from its website. Each day, Ping will alert users to that day's deals. These deals are available for a short period of time and are good for travel only between certain locations during specified travel periods. Therefore, business travelers tend not to take advantage of these offers.
Yes, the local boutique is an example of price discrimination, as customers have to enter the store in order to take advantage of the sale. No, Southeast Airlines is not an example of price discrimination, as it offers discounts to everyone who downloads its app and meets the specified criteria for travel.
What is Price Discrimination?
Price discrimination is a technique used by businesses to sell the same product to different buyers at different prices. This strategy is used to increase revenue by extracting the maximum price that each buyer is willing to pay for the product. In order to determine whether a scenario is an example of price discrimination, one must think about whether the market can be segmented into two groups that pay different prices for the same good.
Price discrimination occurs when a company can segment the market into two groups and charge different prices for the same good.
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the sec disclosure requirements of the expected financial statement effects of recently issued accounting standards are useful to analysts because
The SEC (Securities and Exchange Commission) disclosure requirements of the expected financial
statementeffects of recently issued accounting standards useful to analysts because they provide valuable information and insights regarding the potential impact of these standards on a company's financial statements and performance. Here are some reasons why these disclosures are beneficial to analysts:Decision-making,Evaluation of Risks
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Cost-volume-profit analysis is the study of the effects of.
Cost-volume-profit analysis simply means the study of the effects of change in costs and volume on the profit of a company.
What is Cost-volume-profit analysis?Cost-volume-profit analysis simply means a way to find out how changes in cost will affect the profit.
Cost-volume-profit analysis is the study of the effects of change in costs and volume on the profit of a company.
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Both Coca Cola and Benetton are global enterprises. Conduct online research and answer the following questions: What characteristics do these two firms display that qualify them as global enterprises?
Answer: here’s a photo of sample answer
Explanation:
Answer:
Both companies (Coca Cola and Benetton) registered as corporations, and both have a worldwide footprint across a number of countries. Both companies registered under the Companies Act of the respective countries in which they maintain a presence, and both abide by the laws and regulations of each nation.The companies operate on a large scale with huge investments in research and development, machinery, plants, and capital. They have numerous business functions that include marketing, manufacturing, market research, advertising, finance, and many more. They simultaneously work toward their core missions of generating profits, satisfying the needs of their customers, and continuously expanding their presence in current business markets and additional nations. They both raise capital from stock exchange markets.Both firms provide employment opportunities in their host nations and provide good quality products at moderate local rates. They also help in transferring resources such as raw materials and technology from advanced nations to the nations in which they operate.
Explanation:
Your parents have been advised to save 5% of their income for your college education,
which would include money for housing, tuition, books, and fees. How much would your
parents have saved in one year, following the recommended 5%, if they had an average
household income of $99,948? Show your work. (5 points)
What would it mean to our economy if the government took control of how and when businesses operate? Furthermore, what if they also began seizing bank accounts and/ or property?
Serge supervises toolmakers who make custom parts for the engineering department before these parts go into production. Deshaun is a self-starter who thrives on solving tough problems, while Duncan prefers straightforward jobs, and doesn't handle stress well. Last week, Serge gave Duncan a difficult, time-sensitive project. Serge recognized that Duncan would handle the project well if he approached him differently than he would if Deshaun was doing the work. Which conceptual anchor of OB knowledge is involved here
Answer: the contingency anchor
Explanation:
The conceptual anchor of OB knowledge that is involved here is the contingency anchor.
According to the contingency anchor, a particular action may bring about different consequences when it occurs in different situations.
The contingency anchor states that not every solution will be useful in every situation. Since Deshaun is a self-starter who thrives on solving tough problems, while Duncan prefers straightforward jobs but Duncan was given a difficult, time-sensitive project, then Serge recognized that Duncan would handle the project well if he approached him differently than he would if Deshaun was doing the work, this is the contingency anchor.
Q1. Discuss the differences of the "free flow" interview and the "patterned" interview. Explain which one you would choose for an entry level position interview.
The difference between patterned and free-flow interviews is Candidates are asked almost similar questions in a patterned interview. However, different aspirants are asked different questions based on situations and merit in a free-flow interview.
some of the differences between free flow interviews and patterned interviews:
-Questions are planned and created in advance in patterned interviews. On the contrary, unplanned questions are asked in a free-flow interview.
Which one to choose:
-Free Flow interviews are mostly applicable for entry level employees. Therefore, Free Flow interview questions are asked to entry level employees to gather some additional information about the employees.
Therefore, The Differences between patterned interview and free flow interview have been discussed. The best one for entry level employees has been addressed.
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Drag each option to the correct location.
Match the scenarios to the factors that affect the labor market.
foreign direct investment
outsourcing
immigration
Each scenario should be matched to the factors that affect the labor market as follows:
Immigration: Carlos is moving from Mexico to the United States because he got a job in a bank. He had his interview last month, and the bank agreed to hire him because he was willing to work for 10% less than most American workers, even though he has the same qualifications.Foreign direct investment: A US supermarket chain is going to open a few supermarkets in Europe because a recent survey showed that the chain has a huge potential for profits in Europe.Outsourcing: A renowned US information technology firm has recently signed a contract with a company based in the Philippines. The Filipino company will handle the accounts of the US firm. The US firm made this decision to reduce labor costs.What is immigration?Immigration can be defined as the movement of a group of people from one geographical region to another geographical destination such as a city, especially in search of any of the following:
Good governanceSecurityBetter living conditions.WorkJobsSocial amenitiesWhat is a foreign direct investment?A foreign direct investment (FDI) simply refers to a type of investment which is made by an individual or business organization (investor) into an investment market that is located in another country.
In conclusion, an example of foreign direct investment (FDI) is a US supermarket chain that is planning to open a few supermarkets in a country in Europe.
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Answer:
Post Test: Free Market and Businesses
Unit: 2
Economics
Question #12
__________________________________________________________
This is 100% right because I took the test
Go to explanation for picture with answers
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Explanation:
Here's the picture and I hope this helped!
Have a nice day!
Power and Leadership:
Explain the five bases of power in your own words and provide
an example for each.
Which bases of power do you use in your student or personal
life? Give two examples
The five bases of power are legitimate power, reward power, coercive power, referent power, and expert power. They represent different sources of influence that individuals can utilize to exert power over others.
Legitimate Power: Legitimate power is based on an individual's formal position or authority within an organization. It is derived from the hierarchical structure and the belief that those in higher positions have the right to influence and make decisions. For example, a manager in a company has the legitimate power to assign tasks to subordinates and make decisions regarding their work.
Reward Power: Reward power is based on an individual's ability to provide rewards or incentives to others. It stems from the perception that the person in power can grant desired outcomes or benefits. For instance, a teacher may have reward power by giving students positive recognition or grades for their performance.
Coercive Power: Coercive power is the ability to impose punishment or negative consequences on others. It is derived from the fear of undesirable outcomes if one does not comply. An example of coercive power is a supervisor who can issue disciplinary actions or impose penalties for violating company policies.
Referent Power: Referent power is based on the personal characteristics, qualities, or charisma of an individual that attracts others. It is the ability to influence others due to their admiration, respect, or desire for affiliation. A celebrity who has a large following and influences their fans' behavior can be seen as having referent power.
Expert Power: Expert power is derived from an individual's knowledge, skills, or expertise in a particular area. It is based on the belief that the person possesses valuable information or capabilities. A doctor who is highly skilled and respected in their field wields expert power and can influence medical decisions.
In my student or personal life, I primarily rely on expert power and referent power. For example, as a student, I may use my knowledge and understanding of a subject to influence my classmates' perspectives or contribute to group discussions. Additionally, I may also rely on referent power by building positive relationships with my peers and leveraging their trust and admiration to influence their opinions or actions.
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Ji-woo has a new credit card. She wants to use it for online shopping. What are three things that make this a poor choice
The three things that should make the poor choice:
The bill are paid after the due date that affect the credit score. There is overspending. The credit card is used for the unknown website due to which the chances of fraud are increased.In this way, these 3 things make the poor choice.
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Economic and military competition from _______________ helped to convince many americans that the united states should become a world power.
Economic and military competition from Europe helped to convince many Americans that the united states should become a world power.
What are a great power, a world power, and a local power?
2. A country, state, etc. with considerable influence or authority in international affairs. Long-term usage also refers to a person.
Here, "world power" might be interpreted as the ability to influence others and the range of one's influence. A sort of world power known as influence can only be quantified after it has been shown. Influence may be the ability to persuade others or it can be the desire of other countries to impress or emulate an influential nation.
International responses to Donald Trump's victory have sparked a faster disintegration of the American-led international system than anybody could have predicted. The interactions between top-tier and middle-tier nations are evolving quickly. American popular culture and American political, economic, and military interests and influence continue to be felt all over the world. Nations and non-state actors continue to be concerned about American policies, actions, or passivity on issues that are important to them in every area. In conclusion, the United States continues to be the only global superpower. However, status no longer carries the same weight that it once did.
Here, Freeman claims that despite our decline, the United States is still the "sole all-around world power." Ambassador Freeman assesses international power dynamics throughout the text. Perhaps it would be best to start with these definitions from the OED because we are reading an essay on tremendous power and global power
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In what way(s) can the risk profile of a fiduciary's role be mitigated?
Get a fiduciary bond, direct employer indemnification, and documentation of all decision-making reasons.
What does it mean to perform fiduciary duty?A fiduciary is a person or organization with an obligation to uphold good faith and trust who works on behalf of another person or people, placing their clients' interests ahead of their own. Thus, in order to be a fiduciary, one must be ethically and legally obligated to act in the interests of the other.
What are the disadvantages of becoming a fiduciary?There are conflicts of interest with fee-only advisors. A fiduciary is required to prioritize the needs of their customers.Enormous fees are charged by fee-only advisors. The standard yearly fee for a fee-only advisor is 1% of the assets under management.Investors should avoid advisors who just collect fees.In Retirement, Things Get Worse.To know more about Fiduciary visit:
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The __________ method uses different rates for each production department to allocate factory overhead costs to products.'
The method that uses different rates for each production department to allocate factory overhead costs to products is called the departmental overhead rate method.
This method recognizes that each department within a factory may have different levels of overhead costs depending on the type of work they perform. For example, the overhead costs associated with a department that produces high-tech equipment may be different from the overhead costs associated with a department that produces simple household appliances.
The departmental overhead rate method calculates a separate overhead rate for each department by dividing the total overhead costs of that department by the total amount of the allocation base used by that department. The allocation base is typically a measure of the activity level of the department, such as machine hours or direct labor hours.
Once the overhead rate is determined for each department, it is used to allocate overhead costs to products based on the amount of the allocation base used by each product in each department. This method provides a more accurate way of allocating overhead costs to products, as it recognizes that different departments within a factory may have different levels of overhead costs.
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Even when economic indicators show that the economy is down, small businesses often thrive. Think of a small business in your community that would do well, even if people did not have a lot of extra money to spend, and explain the advantages it has over larger businesses.
Answer:
A drug store is a type of business that is likely to do well even in an economic recession.
This is because drug stores sell an essential good, that often has a high price, and that is needed by many people, specially those who suffer from chronic diseases.
In other words, people will likely reduce their consumption of many other goods before reducing their consumption of prescription drugs.
Shelly hired mostly high school and college students at her landscaping business. Although her company was earning a profit, it wasn't the success she envisioned. After talking with customers and potential customers, Shelly began to hire additional workers from different age groups and experience levels. Hiring workers with more experience enabled her to bid for more complicated projects and increased customers' confidence and satisfaction. This scenario illustrates the leadership concept of:
Answer:
Diversity promoter
Explanation:
Analyzing the scenario of the question above, it is correct to say that Shelly promoted diversity in the organization by hiring additional employees of different age groups and levels of experience, and thus managed to compete for more complicated projects and increased customer confidence and satisfaction.
The diversity in the organization promotes greater innovation, creativity and a culture more favorable to development, through the exchange of experiences, which benefits the internal and external environment, since there is greater identification of the problems related to each age group and greater satisfaction of the customers' needs. , which increases the company's positioning in the market and customer loyalty.
Creativity is the creation of new, practical ideas while innovation involves implementation, and both are highly valued in the health care profession. Discuss why creativity and innovation are an important competency for nurses.
Creativity and innovation are essential competencies for nurses in the healthcare profession for several reasons: 1. Problem-Solving and Critical Thinking:
Nurses encounter complex and diverse challenges in their daily work. Creativity allows nurses to think outside the box, generate novel ideas, and approach problems from different perspectives. By being creative, nurses can develop innovative solutions to address healthcare issues, improve patient outcomes, and optimize care delivery.
2. Patient-Centered Care: Creativity enables nurses to personalize patient care by tailoring interventions to meet individual needs. It allows them to explore alternative approaches, adapt care plans, and develop innovative strategies to enhance patient comfort, satisfaction, and overall experience.
3. Quality Improvement: Creativity and innovation are crucial for driving continuous quality improvement in healthcare. Nurses who embrace creativity are more likely to identify areas for improvement, propose innovative processes, and implement changes that enhance efficiency, safety, and the overall quality of care.
4. Adaptability and Flexibility: The healthcare landscape is continuously evolving, with new technologies, treatments, and protocols emerging regularly. Nurses need to be creative and innovative to adapt to these changes and embrace advancements in healthcare. They must be open to learning, exploring new methods, and integrating innovation into their practice to stay current and provide the best possible care.
5. Collaboration and Interdisciplinary Care: Creativity and innovation foster collaboration and interdisciplinary teamwork. Nurses who are creative can collaborate effectively with other healthcare professionals, sharing innovative ideas and collectively working towards improved patient outcomes. By bringing creativity to interdisciplinary care teams, nurses can contribute unique perspectives and drive innovation in patient care delivery.
6. Patient Education and Empowerment: Creativity allows nurses to develop innovative approaches to patient education and empowerment. By finding creative ways to communicate complex healthcare information, nurses can engage patients, promote health literacy, and encourage active participation in their care. Creative educational materials, technologies, and interactive methods can enhance patient understanding and support self-management.
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Bitcoin is worth it?
Baako Ltd purchase motor vehicle as follows date 01/01/13 800,000$,01/01/13 400,000$,01/04/15 600,000. The company adopts straight line method of depreciation at the rate 10% per annum from the date of purchase separate account is prepared for provision for depreciation. On 30th June, 2014 the motor vehicle which was purchase on 1st July was sold for 24,000$. You are required to prepare (a) motor vehicle account for the years 2013,2014 and 2015. (b) motor vehicle disposal account.
Baako Ltd purchase motor vehicle as follows date 01/01/13 800,000$,01/01/13 400,000$,01/04/15 600,000. The company adopts straight line method of depreciation at the rate 10% per annum from the date of purchase separate account is prepared for provision for depreciation. On 30th June, 2014 the motor vehicle which was purchase on 1st July was sold for 24,000$. You are required to prepare (a) motor vehicle account for the years 2013,2014 and 2015. (b) motor vehicle disposal account.
The NASAA Statement of Policy on Dishonest or Unethical Business Practices of Broker-Dealers and Agents includes prohibitions against certain practices designed to manipulate market prices of securities. An activity that would fall within the spectrum of the prohibitions would be A) front running B) wash trades C) guaranteeing customers against loss D) churning customer accounts
Answer:
B) wash trades
Explanation:
In the case when the wash trades are performed so it consists the simultaneous or near-simultaneous i.e. selling and the repurchase of the similar security for the motive of producing the trading activity due to which price rise. This is the form of how the market manipulates. The other options i.e. given in the question is not considered the market manipulation
Therefore the option B is correct
While buying refreshments for an upcoming party, you notice that a six-pack of Americana Beer costs $2 and a six-pack of Bavarian Beer costs $4. You buy the six-pack of Bavarian Beer, although you wonder if maybe two six-packs of Americana Beer would have been a better choice. The opportunity cost of the Bavarian Beer is: a six-pack of Americana Beer. two six-packs of Americana Beer. $4 and the six-pack of Americana Beer. $4.
Answer:
B. two six-packs of Americana Beer.
Explanation:
A. a six-pack of Americana Beer.
B. two six-packs of Americana Beer.
C. $4 and the six-pack of Americana Beer.
D. $4.
six-pack of Americana Beer = $2
six-pack of Bavarian Beer = $4
1 six-pack of Bavarian Beer = $4
1 six-pack of Americana Beer = $2
2 six-pack of Americana Beer = $4
Therefore,
1 six-pack of Bavarian Beer = 2 six-pack of Americana Beer
You buy the six-pack of Bavarian Beer
The opportunity cost of the Bavarian Beer is two six-packs of Americana Beer.
B. two six-packs of Americana Beer.
Opportunity cost is the cost of satisfying a want at the expense of another. It can also be called real cost or true cost
sally agrees to mow paul's yard for $300 for the summer. paul wishes to assign the contract to his grandmother. sally objects because paul's yard is very small while his grandmother's yard is over an acre. which of the following is the correct legal outcome for the dispute between sally and paul?
The legal outcome of the dispute between Sally and Paul will be, Sally will win because Paul's attempted assignment would increase the duties to which she agreed.
What is dispute resolution?Dispute resolution or dispute settlement is the process of resolving disputes between parties. The term dispute resolution is sometimes used interchangeably with conflict resolution.
Prominent venues for dispute settlement in international law include the International Court of Justice formerly the Permanent Court of International Justice, the United Nations Human Rights Committee which operates under the ICCPR and the European Court of Human Rights. The Panels and Appellate Body of the World Trade Organization and the International Tribunal for the Law of the Sea.
Half of all international agreements include a dispute settlement mechanism.
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Which virulently nativist group around the turn of the twentieth century expressed outrage at the existence of separate Catholic schools while demanding, at the same time, that all public school teachers be Protestants
The virulently nativist group that expressed outrage at the existence of separate Catholic schools while demanding all public school teachers be Protestants around the turn of the twentieth century was the Ku Klux Klan.
The Klan was established in 1865 and was a white supremacist organization that terrorized African Americans and Catholics, among others. Their belief in Protestant supremacy fueled their demand for public school teachers to be Protestants, as they believed that Catholics would indoctrinate children with their religion.
The Klan's opposition to separate Catholic schools was rooted in their belief that Catholics were a threat to American democracy and were loyal to the Pope over the United States. The Klan's anti-Catholicism and anti-immigrant sentiments were part of a broader nativist movement in the United States that aimed to preserve white Protestant dominance. While the Klan's influence waned in the mid-20th century, their legacy of bigotry and intolerance persists today.
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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
the burden of a tax per unit of output will fall heavily on consumers when demand is relatively __________ and supply is relatively __________. multiple choices : a. Inelastic, elastic. b. Inelastic, inelastic. c. Elastic, elastic. d. Elastic, inelastic
The correct answer is a. Inelastic, elastic. When demand is relatively inelastic, it means that consumers are not very responsive to changes in price and will continue to purchase the product even if the price increases.
In this scenario, the burden of the tax per unit of output will fall heavily on consumers. On the other hand, if supply is relatively elastic, it means that producers can easily adjust their production levels in response to changes in price.
In this case, the burden of the tax will not fall as heavily on consumers as producers will be able to absorb some of the cost by reducing their production levels.
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a(n) _______________________ is used to present persuasive recommendations to both internal and external audiences, and often involves investments or purchases.
The correct answer is "business case". A business case is a persuasive document that presents a recommendation for a particular course of action, such as a new product launch, a business expansion, or a significant investment.
Business cases are often used to make a compelling argument to internal and external stakeholders, including management, investors, and customers. They are designed to demonstrate the feasibility, viability, and potential benefits of a proposed project or investment.
Business cases typically include an analysis of the market opportunity, the competitive landscape, the costs and benefits of the proposed project, and the financial projections. They may also include a detailed implementation plan, risk assessment, and a recommendation for action.
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