When average total cost is at its minimum, the marginal cost is equal to average total cost. This is because the marginal cost curve intersects the average total cost curve at its lowest point.
At this point, the cost of producing an additional unit of output is equal to the average total cost of all units produced so far.
The concept of average total cost is important in determining the minimum cost of production for a firm. When the average total cost is at its minimum, the firm is producing at the most efficient level, meaning it is minimizing its costs. The marginal cost is the additional cost of producing one more unit of output, while the average total cost is the total cost per unit of output. At the minimum point of average total cost, the marginal cost curve intersects it, as it is the point where the cost of producing an additional unit of output is equal to the average total cost of all units produced so far.
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Mr. Hugh Warner is a very cautious businessman. His supplier offers trade credit terms of 2/18, net 60. Mr. Warner never takes the discount offered, but he pays his suppliers in 50 days rather than the 60 days allowed so that he is sure the payments are never late. What is Mr. Warner's cost of not taking the cash discount?
Funding Cost = Effective Cost Without Rebate * (Annual Rate / 365) * Additional Funding Days = 0.214 $
To calculate the cost Mr. Warner would incur if he disregarded the cash discount, we must consider the cost of covering his debt for an additional 10 days.
Commercial credit terms are 2/18, net 60, or 2/18. H. He gets a 2% discount if you pay within 18 days. Otherwise he must pay in full within 60 days.
If Mr. Warner paid within his 50 days, he would effectively cover the debt for another 10 days beyond the cash discount period. To calculate this cost of funding, we assume an annual interest rate.
First, let's calculate the effective cost of not charging a discount. The 2% discount deduction is waived, so the cost of not claiming the discount is equivalent to paying the full invoice amount. For simplicity, let's assume the bill is $100.
Effective cost without claiming discount = Amount charged * (1 - discount rate) = $100 * (1 - 2%) = $100 * 98% = $98
Next, calculate your funding costs for an additional 10 days. Assuming an annual interest rate of 8%.
Cost of Funding = Effective Cost Without Claiming Discount * (Annual Rate / 365) * Additional Days of Funding
= $98 * (8% / 365) * 10
= 0.214 $
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Which term describes a country that has relatively high ratings for per capita income, GDP, and standard of living?
An advance economies is what describes the country that has relatively high ratings for per capita income, GDP and standard of living
What is called an advance economies?This refers to the economies that have a high level of per capita income, a varied export base, and a financial sector that's integrated into the global financial system.
In other word, the advance economies is also called a developed economies and it is related to countries with relatively high levels of economic growth and security are considered to have developed economies. The common criteria for evaluation include income per capita or per capita gross domestic product.
Therefore, the Option A is correct.
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Recording, classifying, and summarizing economic events in a logical manner for the purpose of providing financial information for decision making is commonly called Group of answer choices auditing. economics. finance. accounting.
Recording, classifying, and summarizing economic events in a logical manner for the purpose of providing financial information for decision making is commonly called accounting.
Accounting is a fundamental process in business and financial management. It involves systematically recording financial transactions, classifying them into appropriate categories, and summarizing the information to create financial statements such as the income statement, balance sheet, and cash flow statement. These financial statements provide a snapshot of a company's financial performance, position, and cash flows, enabling decision-makers to analyze and make informed decisions about the organization's operations, investments, and financial strategies.
While auditing, economics, and finance are related disciplines, each has its own distinct focus. Auditing involves examining and evaluating financial records and statements to ensure accuracy, compliance, and reliability. Economics studies the production, distribution, and consumption of goods and services within an economy. Finance, on the other hand, focuses on managing financial resources, investments, and the financial aspects of decision making. However, accounting serves as the foundation for providing the necessary financial information in these areas.
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Which person's unemployment is an example of frictional unemployment?
А
a rocont collogo graduato who is sooking to enter the workforce for the first timo
B
a factory worker who was laid off during a recession in order to cut operating costs
a retail salesperson who is looking for work after a period of seasonal employment at a departmen
D
an inexperienced computer programmer who lacks the human capital sought after by employers in
Identify the coefficient and exponent of these very large and very small numbers represented in scientific notation. Identify how each number would be represented in scientific notation. 5,890,000 = a × 10b a = b = 0.0000521 = c × 10d c = d =
Answer:
The answer is below
Explanation:
Scientific notation is a way in which real numbers both big and small are represented in decimal form. It is represented by dividing the number into two parts in the form of a × \(10^b\), where 1 ≤ |a| ≤ 10 and b is to the power of ten which makes it equal to the original number.
\(1)\ 5890000=a*10^b=5.89*10^6\\\\hence,a=5.89,b=6\\\\2)\ 0.0000521=c*10^d=5.21*10^{-5}\\\\hence,c=5.21,d=-5\)
Answer:
For lazy people like me here is the answer
A= 5.89
B= 6
C= 5.21
D= -5
Question 4 of 10
The formula to calculate percentage is the same as which other function?
O A. Addition
O B. Division
OC. Subtraction
OD. Multiplication
UBMIT
Out of the choices provided above, it can be concluded that under mathematical calculations, the formula to calculate percentage is the same as the function of division. Therefore, the option B holds true.
What is the significance of mathematical calculations?
Mathematical calculations can be referred to or considered as the methods to find exact numerical values of an equation containing at least two different numbers in terms of mathematical expressions. Basic calculations include addition, division, subtraction, and multiplication.
When there is a need to calculate the percentage of a number with respect to another number, the number is put into division by the other number in order to find the value of the percentage. The values found are always in fractions and never in whole numbers.
Therefore, the option B holds true and states regarding the significance of mathematical calculations.
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john is an astronaut heading to the international space station to perform scientific research. approximately, how long will john likely live on the iss based on the amount of time that most astronauts live there
The duration of an astronaut's stay on the International Space Station (ISS) varies, but the typical length of a mission is around six months.
The length of an astronaut's stay on the International Space Station can vary depending on the mission objectives, crew rotation schedules, and available resources.
Staying on the ISS for six months allows astronauts to conduct scientific research, perform experiments, and participate in various activities to support the station's operations.
During this time, they adapt to the microgravity environment, conduct spacewalks, and contribute to the ongoing studies in biology, physics, astronomy, and other scientific fields.
While some astronauts have stayed on the ISS for shorter durations, such as one or two months, others have spent significantly longer periods, exceeding a year, as part of specific missions.
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Recall the four reasons some people favor trade restrictions. Give an example from the U.S. economy that you think best fits each reasons
Answer: See explanation
Explanation:
Trade restrictions simply means a way of protecting the local industries. This can be through imposition of tariffs on foreign goods, use of quota etc. The importance of trade restrictions are:
1. Trade restrictions are important in the protection of the infant indutries, that is, the young industries in a country that are just growing.
2. Trade restrictions is necessary to prevent dumping of goods. This mean selling of goods at lower prices or of low quality in a country. This gives such products an unfair advantage over other goods produced in the home country.
3. Trade restrictions is vital on order to protect the strategic indutries.
4. Trade restrictions is also vital in order to protect the jobs of the people in the country. When goods are imported rather than supporting local businesses, this can lead to unemployment as workers will lose their jobs.
Which of the following statements is true?
A. PERMA elements are positively related to good health, but are not related to work-related outcomes such as organizational commitment and career satisfaction
B. Well-being is a single, unique concept that is related to happiness
C. Employees level of flourishing is related to organizational outcomes such as productivity and financial performance
D. Positive emotions "happen to people;" they cannot be pursued proactively E. PERMA should be pursued as a means to obtain a better career
The true statement among the options provided is: C. Employees' level of flourishing is related to organizational outcomes such as productivity and financial performance.
Flourishing refers to a state of positive mental health and well-being characterized by experiencing positive emotions, engagement, positive relationships, meaning, and accomplishment. Research has shown that employees' level of flourishing is indeed related to various organizational outcomes, including increased productivity and improved financial performance. When employees are flourishing, they tend to be more motivated, engaged, and satisfied with their work, which can contribute to higher levels of productivity and overall organizational success.
The other statements (A, B, D, and E) are not accurate. PERMA elements (Positive emotions, Engagement, Relationships, Meaning, and Accomplishment) are not solely related to good health but are also associated with positive work-related outcomes such as organizational commitment and career satisfaction (contrary to statement A). Well-being is not a single concept tied only to happiness; it encompasses various dimensions, including physical, mental, and social well-being (contrary to statement B). Positive emotions can be cultivated proactively, and individuals can actively pursue strategies to increase their experience of positive emotions (contrary to statement D). Pursuing PERMA elements should not be solely for the purpose of obtaining a better career (contrary to statement E), but rather for overall well-being and life satisfaction.
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Robert receives a salary of $60,000 per year, or $2,500 semi-monthly. How
much does his employer pay for his unemployment tax for the entire year?
A. no limit
B. $0
C. $840
D. $420
Answer:
B. $0
Explanation:
Unemployment tax known as FUTA (The Federal Unemployment Tax act) is imposed on employers based on the wage and salaries they pay their employees. Employers who pay $1500 and above per calendar quarter are mandated to pay FUTA. Unlike other payroll-based taxes, employers are not required to deduct FUTA from employees. Therefore, nothing should be withheld from Robert's income as unemployment tax.
How old will someone who graduated high school at 18 be until they get a Masters Degree in civil engineerings ?
Answer:22 years
Explanation:
The fixed costs of doing business include
Answer:
Fixed costs are the costs associated with your business's products or services that must be paid regardless of the volume you sell. ... Insurance - the liability insurance you hold on your business. Rent - the rent you pay on your office, factory, and storage space. Utilities - electricity, water, and other utilities.
Explanation:
an agreement between a buyer and a seller about payment for merchandise.
The agreement between a buyer and a seller about payment for merchandise is commonly referred to as a ""sales contract"" or ""sales agreement".
" This document outlines the terms and conditions of the sale, including the price of the merchandise, the payment schedule, and any other applicable fees or charges.
The agreement between a buyer and a seller about payment for merchandise is commonly referred to as a ""sales contract"" or ""sales agreement."" This document outlines the terms and conditions of the sale, including the price of the merchandise, the payment schedule, and any other applicable fees or charges.
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influences of Business environment,
Factors that Influence the business environment are :
Economic environmentSocial environmentTechnological environmentPolitical environmentLegal environment
The business environment means the total of all the individuals, and institutions that could affect the working of the business firm.
Importance of business environment:
Business environments help the firm to prepare itself for every possible obstruction or hindrance that can affect the functioning of the firm.It also helps the firm to adjust to frequent changes.The economic environment is all the things that create an economic impact on the firm.
The social environment is all the traditions and customs of the society that creates an impact on the firm.
The technological environment is all the impact on the firm caused due to new technology and upgradations.
The political environment is the conditions and behavior that the elected representatives hold toward the business
The legal environment is entirely based on the rules and legislation of the authorities.
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what type of economic utility involves changing a raw material or assembling parts to make a product?
The type of economic utility that involves changing a raw material or assembling parts to make a product is called form utility. Form utility refers to the value that is added to a product by altering its physical characteristics or by combining different components to create a new and useful product.
1. Form utility involves transforming raw materials or parts into finished products that are ready for consumption or use by customers.
2. This process typically involves manufacturing or production activities such as cutting, shaping, assembling, or combining materials.
3. By adding form utility, businesses can create products that better meet the needs and preferences of consumers, resulting in higher value and demand for those products.
For example, consider the production of a wooden chair. The raw materials for the chair, such as wood, screws, and fabric, are transformed through a series of manufacturing processes. The wood is cut and shaped into the chair frame, the screws are used to assemble the various parts together, and the fabric is added as upholstery. Through these processes, the raw materials are converted into a finished product with form utility.
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Revenues were $1,000,000, Cost of Goods Sold was $750,000, and Net Income was $120,000. Net profit margin equals ______.
The net profit margin is 12%
The parameters given in the question are
Revenue= $1,000,000
Cost of goods sold= $750,000
Net income= $120,000
Net profit margin= Net income/revenue × 100
= 120,000/1,000,000 × 100
= 0.12 × 100
= 12 %
Hence the net profit margin is 12%
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What is not a criterion when evaluating financial service providers?
A. financial service provider's history
B. benefits or lack thereof
C. past and current employees
D. emerging technologies
That which is not a criterion when evaluating financial service providers is this: C. past and current employees.
What are the criteria for evaluating financial service providers?To successfully evaluate the qualification of a financial service provider, the customer must be able to look at their present and past history. They should consider their ability to incorporate emerging technologies into their businesses.
It is not really the business of the consumer to dig out the past and current employees of the business. He should be interested in other relevant factors like the above.
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With regard to business definition, railroads may have lost business because they:
With regard to business definition, railroads may have lost business because they defined their business too narrowly.
Railways are a safe land transport system whilst in comparison to different kinds of shipping. Railway transport is capable of excessive stages of passenger and load usage and strength performance however are frequently less flexible and more capital-intensive than avenue delivery when decreased site visitor levels are taken into consideration.
The Railroad become the first advanced in top-notch Britain. a person named George Stephenson efficaciously implemented the steam technology of the day and created the world's first hit locomotive.
The primary engines used in the United States of America had been bought from Stephenson Works in England.
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Which of the following statements about economic growth is accurate? The world’s sustained economic growth has only been occurring over the last 300 to 400 years. Sustained economic growth has been occurring since the start of the Roman Empire. Countries in Africa and South America are responsible for most of the economic growth in the world since the 1600s. Economic growth has been shared equally among all the countries in the world since the start of the most recent generation.
Answer:
The world's sustained economic growth has only been occurring over the last 300 to 400 years.
Explanation:
It is more accurate to say that sustained economic growth occurred over the last 300 to 400 years by considering when economic data became available.
Also, we need to bear in mind that a sustained economic growth implies a measurable period of economic expansion (growth).
T/F: A silent reaction to a business proposal would seen negative to American, French and German executives, but not Arabic executives.
A silent reaction to a business proposal would be seen as negative to American, French, and German executives, but not to Arabic executives.
In American, French, and German business cultures, silence during a meeting or presentation may be interpreted as disinterest or disapproval. Executives from these cultures typically expect immediate feedback and open communication when discussing a proposal.
A silent reaction might be seen as a sign that the proposal was not well-received or that there are concerns or objections that have not been addressed.
On the other hand, in Arabic business culture, silence can be perceived differently. Silence may signify that the listener is carefully considering the proposal and needs time to reflect on the information presented. It may also indicate that the person is showing respect to the speaker by not interrupting or challenging the proposal right away.
In this context, a silent reaction does not necessarily mean that the proposal was poorly received or that there are concerns that need to be addressed.
In summary, while a silent reaction to a business proposal may be seen as negative in American, French, and German business cultures, it may not carry the same negative connotation in Arabic business culture.
Instead, it could signify careful consideration and respect for the speaker, highlighting the importance of understanding cultural differences in business communication.
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Explain what a trade war is
Answer: A trade war happens when one country retaliates against another by raising import tariffs or placing other restrictions on the other country's imports.
Explanation:
How can defense mechanisms be considered both adaptive and maladaptive
Answer:
Defense mechanisms protect a person from emotionally painful stressors. However, since defense mechanisms can limit an individual from facing the situations that are harmful and unhealthy, one may be unable to successfully resolve troublesome or stressful issues as a result.
Explanation:
Sample answer on Edge.
I hope this helped!
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Mal adaptive defense mechanisms are viewed as disruptions of brain regions or networks implicated in emotional awareness in neuropsychoanalytic theories.
What is neuropsychoanalytic?The intersection of neurobiological knowledge with psychoanalytic conceptions of the human mind is explored in neuropsychoanalysis.
As neuroscience maps the brain from molecules to networks, a common ground has formed between fields that had previously been segregated.
Thus, Mal adaptive defense mechanisms are viewed as disruptions of brain regions.
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Items that regularly appear on the financial statements of Maple Park Theatres Corp. The amounts shown for balance sheet items are balances as of September 30,2016
Answer:
Financial Statements are the reports of a company which provide detailed information about company financial position. The Income statement reports the company revenues and expense for the period whereas Balance sheet reports the company assets and liabilities position.
Explanation:
The Maple Park Theaters Corp. has reported the net of $133,562 in its income statement. The company has planned for reinvesting the 80% of net income into the extension of park. The reinvestment decision is taken by the company management for the purpose of increase revenue. The decision seems to be correct as extension of park and its services will attract more people to the park and ultimately revenue will increase and so profit too.
Can I please get help on this it is do today please!!!!!
TRUE OR FALSE: A mathematics professor at a university would fall under both the Education and Training career cluster and the STEM career cluster.
Insurance companies negotiate discounts with hospitals under a(n)
Insurance companies negotiate discounts with hospitals under a(n): Preferred provider organization (PPO).
What is insurance company?Insurance company is an a company that help to provide coverage for their policy holder in case of unforeseen or unexpected circumstance such as:
TheftAccident etcPreferred provider organization is a medical health plan that enter into a contract agreement with health care service providers so as to provide health care to people under the plan.
Therefore Insurance companies negotiate discounts with hospitals under a(n): Preferred provider organization.
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1
3. A document that indicated items issued to different people from the
store is called
A store receipt voucher
B store issuing voucher
C. store requisition
D.bin card
E. goods received book
Answer:
E
Explanation:
explain external economics and external diseconomics
Answer:
If the social cost of an activity exceeds the costs relevant to the decision makers in the activity , there is an external diseconomy . If the benefits of an activity exceed its marginal cost , there is an external economy .
Explanation:
Thaats whaaat upp
Explanation:
If the social cost of an activity exceeds the costs relevant to the decision makers in the activity, there is an external diseconomy. If the benefits of an activity exceed its marginal cost, there is an external economy.
What should investors consider when planning for their retirement? Check all that apply. -the amount an employer will match for a 401(k) -the contributions an employer will make to an IRA -the ideal age to establish a particular retirement plan -the amount an investor is allowed to contribute annually -the tax laws and breaks related to different retirement plans -the amount that can be withdrawn early without getting taxed
In a 401k the employer usually matches a percentage and if you are lucky dollar for dollar, where in an IRA it is does an an extra option with a set amount of money usually 2500 or more for each IRA contribution.
Correct option is A, C, D and E.
1. The amount an employer will match for a 401(k):- you don't have to forget when you will need the money, retirement is years away, but you have to know what choices will make it worth by the time you need the money back. And it is also important to know really how much you can invest. When you have a large amount more options are available. But using a variety of investments will reduce the risk.
3. The ideal age to establish a particular retirement plan:- that will set you up for the plan you need. Below 50 or older.
4. The amount an investor is allowed to contribute annually, the federal law allows a maximum contribution for participants older than 50.
5. The tax laws and breaks related to different retirement plans:- retirement plans can often give you tax benefits in the present it depends to the one you choose. For example, the payment of the tax on the money deposited in a traditional 401 (k) plan can be delayed until the money is withdrawn from the account.
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Answer:
A,C,D,E
Explanation:
I did it and this was correct.
What are the mandates for the World Bank, the World Trade Organization and the International Monetary Fund
The international economic Fund works to attain sustainable increase and prosperity for all of its a hundred ninety member international locations.
World Bank with the aid of assisting financial policies that promote economic balance and monetary cooperation, which can be critical to increase productivity, process introduction, and economic. The IMF recognition is mainly on macroeconomic and financial region issues, the sector financial institution is involved particularly with longer-term development and poverty discount. Its loans finance infrastructure projects, the reform of unique sectors of the financial system, and broader structural reforms.
The arena bank is targeted on assisting less rich international locations by using offering services, loans and grants that they could not get otherwise. The IMF is much less approximately help/redistribution and greater approximately stability - averting worldwide shocks and performing as a lender of last hotel once they do arise.
The establishments paintings collectively to make certain a strong gadget of worldwide change and bills that is open to all countries. such a device is crucial for permitting financial growth, elevating dwelling standards, and reducing poverty around the globe.
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