Concern about corrupt practices in some Central American governments represents a significant aspect of the overall attractiveness of doing business in the region. It highlights potential risks, including unfair competition, inefficient bureaucracy, and increased business uncertainties.
Firstly, corrupt practices can lead to unfair competition, as companies involved in bribery or other forms of corruption may gain an advantage over ethical businesses. This can create a challenging business environment for Wood Source Corp., making it difficult to compete on a level playing field.
Secondly, corruption can affect the efficiency and reliability of government institutions. For example, bureaucratic processes may be slowed down or hindered due to corrupt practices, causing delays in obtaining necessary permits, licenses, or contracts. This can impede the company's ability to operate smoothly and efficiently.
Furthermore, corruption increases business risks and uncertainties. Companies may face demands for bribes or extortion, which can lead to financial losses and damage to their reputation. Such practices can also compromise the rule of law, making it difficult to enforce contracts or protect intellectual property rights.
Wood Source Corp. should carefully evaluate these factors when deciding whether to engage in business activities in Central America.
Know more about bureaucracy here:
https://brainly.com/question/3950164
#SPJ11
If a new firm enters the car market, what do we observe in the market for cars? a) The equilibrium price decreases and the equilibrium quantity increases Ob) The equilibrium price increases and the equilibrium quantity decreases Od Both the equilibrium price and the equilibrium quantity decrease O d) Both the equilibrium price and the equilibrium quantity increase
If a new firm enters the car market, we would observe an increase in the supply of cars in the market.
An equilibrium price, also known as a market-clearing price, is the consumer cost assigned to some product or service such that supply and demand are equal, or close to equal. The manufacturer or vendor can sell all the units they want to move and the customer can access all the units they want to buy
This increase in supply would lead to a decrease in the equilibrium price of cars and an increase in the equilibrium quantity of cars. Therefore, option a) The equilibrium price decreases and the equilibrium quantity increases, would be the correct answer.
learn more about equilibrium
https://brainly.com/question/9813711
#SPJ11
1. Mallory owns an auto repair shop. She has $12,000 in cash, $8,000 in
inventory, a $4,000 credit card balance, and $3,500 in long-term del
What is Mallory's equity?
a.
Mallory's equity, given that she owns auto repair shop and the amounts in her books, are $ 12, 500
How to find the equity ?As per the Accounting Equation, equity is the portion of assets that is not supplied by liabilities.
This means that Mallory's equity is:
= Cash + Inventory - Credit card balance - Long term debt
= 12, 000 + 8, 000 - 4, 000 - 3, 500
= $ 12, 500
In conclusion, Mallory's equity is $ 12, 500.
Find out more on equity at https://brainly.com/question/24401217
#SPJ1
The purpose of concept-mapping is to
a.
Identify sequence
c.
Identify relationships
b.
Identify vocabulary
d.
Identify questions
Please select the best answer from the choices provided
A
B
C
D
Answer:
D
Explanation:
Identify questions
Answer: The Answer Is (A)
Explanation: I'm Almost Sure Of This. I Could Be Wrong, And If I Am Wrong, Please Don't Hate Me.
Is there any way for a monopoly to operate more efficiently than a competitive market? why or how?.
The equilibrium point in a competitive market exists at the point of optimal market efficiency.
What is competitive market?A competitive market exists a term in economics that guides to a marketplace where there exist a large number of buyers and sellers and no single buyer or seller can influence the market. Competitive markets have no obstacles to entry, lots of buyers and sellers, and homogeneous products.
In economics, especially general equilibrium theory, A perfect market also understood as an atomistic market, is determined by several idealizing requirements, collectively anointed perfect competition or atomistic competition.
No, the monopoly can never be additional efficient than the perfectly competitive market because the competitive market exists at the point of optimal market efficiency and the monopoly will deliver at the point where the MR and the MC stand equal. here the market has the excess capability and a dead weight loss.
To learn more about competitive market refer to:
https://brainly.com/question/8753703
#SPJ4
If the price index moves from 107 to 110, the rate of inflation is: Group of answer choices 3% 30% 28% 2. 8%
If the price index moves from 107 to 110, the rate of inflation is 2.8 %.The percentage change in inflation is then calculated by multiplying this by 100.Option D is correct.
Evaluating:Rate of inflation = 110 - 107 ÷107
= 0.0280 × 100 %
= 2.8 %
How is the rate of inflation determined by price index?The price index from the interest year is subtracted from the base year, and then the result is divided by the base year to determine inflation. The percentage change in inflation is then calculated by multiplying this by 100.
If inflation is too high, what happens?The consumer price index (CPI) is used to measure inflation, which maintains economic health at low rates. But when inflation rises quickly, it can have negative effects on the economy in the form of lower purchasing power, higher interest rates, slower economic growth, and other things.
Question incomplete:If the price index moves from 107 to 110, the rate of inflation is:
a. 3%
b. 30%
c. 28%
d. 2.8%
Learn more about rate of inflation:
brainly.com/question/29230049
#SPJ1
A large bakery buys flour in 25 kg bags. The bakery uses an average of' 4,860 bags a year. Preparing an order and receiving a shipment of flour bags involves a cost of $10 per order. Annual holding cost is $5 per flour bag. a) Determine the economic order quantity.
b) What is the average number of bags on hand (i.e., in inventory)?
c) How many orders per year will there be?
d)Calculate the total annual cost of ordering and holding flour.
e)If ordering costs were to increase by 50 percent order, by what percentage would the EOQ change?
a) Economic Order Quantity(EQO):Economic Order Quantity can be calculated using the following formula. \(EOQ = \sqrt{\frac{2DS}{H}}\)Where D = Annual Demand in Units S = Ordering Cost per Order H = Annual Holding Cost per UnitThen EOQ will be: \(EOQ
= \sqrt{\frac{2*4,860*10}{5}}\)= \(\sqrt{19,440}\) = \(139.28\) (approx.)The economic order quantity is 139 bags.b) Average Number of Bags on Hand:To find out the average number of bags on hand, we can use the following formula: \(Average\ number\ of\ bags\ on\ hand = \frac{EOQ}{2}\)= \(\frac{139}{2}\) = \(69.5\) (approx.)The average number of bags on hand is 69.5 bags.c)
Number of Orders per Year:We can find the number of orders per year by using the following formula: \(Number\ of\ Orders\ per\ Year = \frac{D}{EOQ}\)= \(\frac{4,860}{139}\) = \(34.89\) (approx.)So, there will be 34 orders per year.d) Total Annual Cost of Ordering and Holding Flour:Total Annual Cost of Ordering and Holding Flour can be calculated using the following formula:
To know more about Economic visit:
https://brainly.com/question/14355320
#SPJ11
Suppose that the foreign exchange market is entirely determined by market forces.
Using BOTH the Demand and Supply for Singapore Dollars (SGD) AND the Hong Kong Dollar (HKD) in two (2) separate diagrams (for each part), explain and determine the effects on the equilibrium exchange rates and quantities between the two (2) currencies under the following scenarios:
(Consider ONLY the two (2) countries and not beyond. Discussions of spillover/secondary effects are also NOT required.) (Word limit: 200 words for each part.)
(a) Hong Kong tightened Covid-19 travel restrictions against foreigners, but Hongkongers can travel to Singapore as Singapore just relaxed border restrictions.
(b) Singapore suffers from a recession, but Hong Kong’s economy becomes stronger.
(a) We cannot determine the precise impact on the equilibrium exchange rate and quantity of HKD and (b) The focus is on the two countries only, the effect on the supply of HKD is not specified. Therefore, we cannot determine the precise impact on the equilibrium exchange rate and quantity of HKD.
(a) In the foreign exchange market between Singapore Dollars (SGD) and Hong Kong Dollars (HKD), tightening Covid-19 travel restrictions in Hong Kong while relaxing border restrictions in Singapore would have an impact on the equilibrium exchange rates and quantities between the two currencies.
In the diagram depicting the Demand and Supply for SGD, the tightening of travel restrictions in Hong Kong would decrease the demand for HKD, as foreigners are unable to travel to Hong Kong. This would result in a leftward shift of the demand curve for HKD. At the same time, the relaxation of border restrictions in Singapore would increase the demand for SGD, as Hongkongers can now travel to Singapore. This would lead to a rightward shift of the demand curve for SGD. As a result, the equilibrium exchange rate between SGD and HKD would appreciate, meaning that the SGD would strengthen relative to the HKD. The quantity of SGD exchanged would increase, while the quantity of HKD exchanged would decrease.
In the diagram depicting the Demand and Supply for HKD, the decrease in demand for HKD due to travel restrictions would result in a leftward shift of the demand curve. However, since the focus is on the two countries only, the effect on the supply of HKD is not specified. Therefore, we cannot determine the precise impact on the equilibrium exchange rate and quantity of HKD.
(b) In this scenario, where Singapore is experiencing a recession while Hong Kong's economy strengthens, the equilibrium exchange rates and quantities between SGD and HKD would be influenced.
In the diagram depicting the Demand and Supply for SGD, the recession in Singapore would lead to a decrease in the demand for SGD, as economic activity and investment decline. This would result in a leftward shift of the demand curve for SGD. At the same time, the stronger economy in Hong Kong would increase the demand for HKD, as economic prospects improve. This would lead to a rightward shift of the demand curve for HKD. Consequently, the equilibrium exchange rate between SGD and HKD would depreciate, indicating that the SGD would weaken relative to the HKD. The quantity of SGD exchanged would decrease, while the quantity of HKD exchanged would increase.
In the diagram depicting the Demand and Supply for HKD, the increase in demand for HKD due to the stronger economy in Hong Kong would result in a rightward shift of the demand curve. However, since the focus is on the two countries only, the effect on the supply of HKD is not specified. Therefore, we cannot determine the precise impact on the equilibrium exchange rate and quantity of HKD.
To learn more about exchange
https://brainly.com/question/29492886
#SPJ11
Write a question keep it simple
Answer:
Why do people break up if they love each other?
Explanation:
sorry it's not simple lol
why is the shareholder's basis in the new stock received in a corporate reorganization the value of the stock received less the postponed gain
The shareholder's basis in the new stock received in a corporate reorganization is the value of the stock received less the postponed gain because it reflects the economic reality of the transaction.
In a corporate reorganization, the shareholder is exchanging their old stock for new stock, which has a different value and potentially different rights and privileges. The postponed gain represents the difference between the old stock's basis and its fair market value, which was deferred due to the exchange.
By subtracting the postponed gain from the value of the new stock, the shareholder's basis in the new stock is adjusted to reflect the actual economic value of the transaction. This ensures that the shareholder's tax liability is based on the real gain or loss realized in the exchange.
To know more about stock,refer to the link:
https://brainly.com/question/31476517#
#SPJ11
True or false.
Supply and demand determines the price of labor paid for jobs earning more than minimum wage.
Answer:
true
Explanation:
What do you mean by technical occupations ? write with examples
Answer:
I think techical occupation means the worker who work through laptops and computers
software engineer game designer publisher etc....The balance on a credit card, that charges a 20%
APR interest rate, over a 1 month period is given in
the following table:
Days 1-5: $200 (initial balance)
Days 6-20: $350 ($150 purchase)
Days 21-30: $150 ($200 payment)
What is the finance charge, on the average daily
balance, for this card over this 1 month period?
finance charge = $ [?]
Round to the nearest hundredth.
Enter
The balance on a credit card, that charges a 20% APR interest rate, the Finance charge is given as
$4.3055
This is further explained below.
What is the APR interest rate?Generally, The interest rate that is applied to a loan, mortgage loan, credit card, etc. is referred to as an annual percentage rate of charge, which sometimes corresponds to a nominal APR and sometimes corresponds to an effective APR.
The annual percentage rate of charge is the interest rate for the entire year, as opposed to just a monthly fee or rate. It is a fee for financing that is presented in the form of an annual rate.
Interest rate APR = 12%
Average balance = ((200*5)+(350*15)+(150*10))/30
Average balance = $258.33
Average balance*APR/12
Finance charge =\(\frac{258.33*20 \%}{12 }\)
Finance charge = $4.3055
Read more about APR interest rates
https://brainly.com/question/14270693
#SPJ1
what is it called when
Money can be saved whereas goods often cannot
Answer: reverse paradox of thrift I believe
Answer:
Barter
Explanation:
Bartering is the exchange of goods and services between two or more parties without the use of money.
The appeal of using predetermined departmental overhead rates is they presumably provide ___.
The appeal of using predetermined departmental overhead rates is they presumably provide a more accurate accounting of costs, enhanced information.
What is accounting?Accounting, which is frequently referred to as simply "accounting," is the process of gathering, analyzing, and disseminating financial and other data on companies and businesses.
Accounting is the activity of keeping records of a company's financial transactions.
The benefit of adopting departmental overhead rates that have been defined is that they should provide better information and a more accurate accounting of expenditures.
Thus, this rate is distinct at every stage of production because various departments employ various procedures that enable management to precisely review manufacturing inefficiencies and determine the best course of action.
For more details regarding accounting, visit:
https://brainly.com/question/22917325
#SPJ1
What does it take for a consumer boycott to be successful?
A. The boycott must be conducted by consumers, producers, and the government
B. The boycott must bring the target company's offensive practices to the attention of the news media
C. The boycott must significantly reduce the target company's profits
D. The boycott must succeed in replacing traditional sales with online sales
Edit: Its C
Answer: IT'S C!!
Someone said it's b but it's not i just got it wrong
The boycott should be successful when the profits of the target company get minimized.
Option C is the correct answer.
What is meant by the target company?
A target company refers to an entity that is targeted in respect of the boycott movement.
The situation where the consumers of the market agree to not acquire a specific product from a specific company is called a consumer boycott. It represents disapproval towards something.
Therefore, the reduction in profits of the target company results in the success of the boycott movement.
Learn more about the boycott in the related link:
https://brainly.com/question/878223
#SPJ2
A manufacturing firm in the United States is looking to find a foreign country partner to team up with to share resources and knowledge for the purpose of establishing a new product and production facility that does not involve forming a completely new company. This is an example of ________.
A manufacturing firm in the United States is looking to find a foreign country partner to team up with to share resources and knowledge for the purpose of establishing a new product and production facility that does not involve forming a completely new company. This is an example of a strategic partnership
Strategic partnerships regularly share the dangers and advantages of the choices made by the two associations and are ordinarily non-contending organizations. By giving information, administrations, and different assets that the other business wouldn't in any case approach or could get through a money trade, an essential organization plans to add an incentive for the two players. An assembling organization is looking for an unfamiliar accomplice to team up with to share assets and involvement with a request to fabricate another thing and creation an office without laying a fresh-out-of-the-box new organization, is an illustration of an essential organization. Any organization participating in a critical partnership can reduce expenses while developing deals. A solid vital accomplice usually is a business that offers types of assistance you can utilize inside your own association or that you can give to your clients and clients while providing your own support to their customer base.
Know more about Strategic partnerships - https://brainly.com/question/30704514
#SPJ4
Please help me with this credit card assignment! (Personal Finance) I need this done by tomorrow! Please help! I’d greatly appreciate it!
Credit Card #1
Truth in Lending Disclosure Statement
Annual Percentage Rate (APR)
1 percent for the first six months after you open the account.
After six months, APR will be 24 percent.
Grace Period
a minimum of twenty-five days to repay without finance charges if the previous balance is paid in full by the due date
Annual Fee
$0
Other Fees
cash advance fee: the greater of $5 or 3 percent of the amount of the cash advance; late payment fee: $30; over-the-limit fee: $30
Credit Card #2
Truth in Lending Disclosure Statement
Annual Percentage Rate (APR)
19.9 percent
Grace Period
a minimum of twenty-five days to repay without a finance charge if previous balance is paid in full by the due date
Annual Fee
$20
Other Fees
cash advance fee: the greater of $3 or 3 percent of the amount of cash advance; late payment fee: $30; over-the-limit fee: $20; returned check fee: $20
Credit Card #3
Truth in Lending Disclosure Statement
Annual Percentage Rate (APR)
19.9 percent
Grace Period
a minimum of twenty-five days to repay without finance charges if the previous balance is paid in full by the due date
Annual Fee
annual membership fee: $50
annual participation fee: $60 ($5 charged monthly)
Other Fees
cash advance fee: $20; balance transfer fee: $25; late payment fee: $20. over-the-limit fee: $20
(Part One)
Read each of the above Truth in Lending Disclosure Statements and answer the questions that follow.
What happens to the interest rate after six months for credit card #1?
Which credit cards have an annual fee?
Is the grace period the same for each of these credit cards?
What fees does credit card #3 have that the other cards do not?
As a good steward, you will pay your credit card bill on time and you will pay the balance each month. Which credit card is the best for you?
1. What happens to the interest rate after six months for credit card #1?
2. Which credit cards have an annual fee?
3. Is the grace period the same for each of these credit cards?
4. What fees does credit card #3 have that the other cards do not? 5.
As a good steward, you will pay your credit card bill on time and you will pay the balance each month. Which credit card is the best for you?
(Part Two)
Go online or visit a financial institution to find information about three credit cards. Some credit cards offer incentives, such as miles toward a free flight or 1 percent back on every dollar you spend. Research information about annual fees, APR, and incentives that credit cards offer. Write two paragraphs of 250 words total, one paragraph about the three credit cards you researched and one paragraph stating which credit card would be best for you and why.
Explanation:
Part One:
After six months, the APR for credit card #1 will be 24 percent.
Credit card #1 and credit card #2 do not have an annual fee. Credit card #3 has an annual membership fee of $50 and an annual participation fee of $60 ($5 charged monthly).
Yes, the grace period is a minimum of twenty-five days to repay without finance charges if the previous balance is paid in full by the due date for all three credit cards.
Credit card #3 has a balance transfer fee of $25 that the other cards do not have.
As a good steward who pays their credit card bill on time and pays the balance each month, credit card #1 would be the best option as it has a 0 percent APR for the first six months, no annual fee, and the same grace period as the other cards.
Part Two:
After researching three credit cards, I found that Credit Card A has an annual fee of $95, an APR of 17.49 percent to 24.49 percent, and offers 2 miles per dollar spent on travel and dining. Credit Card B has no annual fee, an APR of 15.49 percent to 25.49 percent, and offers 1.5 percent cashback on every dollar spent. Credit Card C has an annual fee of $550, an APR of 16.99 percent to 23.99 percent, and offers a wide range of travel benefits, including access to airport lounges, a $200 annual airline credit, and 5 points per dollar spent on air travel and hotels.
Based on my research, I believe that Credit Card B would be the best option for me. While Credit Card A offers good rewards for travel and dining, the annual fee is quite high. Credit Card C also has a high annual fee, and while the travel benefits are appealing, I don't travel enough to make full use of them. Credit Card B, on the other hand, has no annual fee and offers a competitive cashback rate on every dollar spent, making it a good choice for everyday use. Additionally, the APR range is comparable to the other cards, and the grace period is the same as the other cards, giving me the flexibility to pay my balance in full each month without incurring finance charges.
Excuse me,
(ಠ_ಠ)
ง ง
9. Your platoon received a proficiency rating of advanced task proficiency free of significant shortcomings with a GO in 82% in both performance measures and leader performance measures, and a 100% of all critical performance measures. What rating did your platoon earn?
The platoon earned a proficiency rating of "Advanced" or "A" based on their performance measures, leader performance measures, and the achievement of 100% on critical performance measures.
Based on the information provided, your platoon earned a proficiency rating of "Advanced" or "A".
To arrive at this conclusion, let's break down the information step by step:
1. The statement mentions that your platoon received a proficiency rating of "advanced task proficiency free of significant shortcomings." This indicates that your platoon demonstrated a high level of competence in performing their tasks without any major deficiencies.
2. The statement also mentions that your platoon received a "GO" (which stands for "Good") in both performance measures and leader performance measures. This means that your platoon performed well in these areas.
3. Furthermore, the statement states that your platoon achieved 100% on all critical performance measures. This suggests that your platoon excelled in meeting the important performance standards.
Based on these factors, it can be concluded that your platoon earned a proficiency rating of "Advanced" or "A". This rating reflects the platoon's exceptional performance, indicating that they exceeded expectations and achieved a high level of proficiency.
In conclusion, your platoon earned a proficiency rating of "Advanced" or "A" based on their performance measures, leader performance measures, and the achievement of 100% on critical performance measures.
To know more about critical performance measures visit:
https://brainly.com/question/34031222
#SPJ11
Connie thinks that her salary and tax rate for next year will be lower than for this year. What step should she take to minimize her taxes in the current year? Select one: a. Accelerate receipt of income. b. Delay deductions. c. Practice tax evasion. d. Accelerate deductions. e. None of these will allow her to minimize her taxes.
Answer:
d. Accelerate deductions
Explanation:
Tax acceleration is a way that a taxpayer is able to hasten tax deduction.
Taxi is paid in the year that it was incurred instead of in the subsequent year.
This way tax expense that will be paid from the current year is reduced and tax income will increase.
In the given scenario where Connie thinks that her salary and tax rate for next year will be lower than for this year, the best way to minimise her tax expense starting this year is by tax acceleration
PLEASE HELP !!
explain why you feel an entrepreneur or business should develop a business plan.
Answer:
See below...
Explanation:
When an entrepreneur or businessperson begins to develop an idea for a product or for the creation of a business, it is good that they have a plan. When they do not plan, their future does not have specific milestones to acheive. This can make things scary and chaotic, as it is necessary to know when and where you will do things. With a plan, the person has goals set, and they are not as overwhelmed by things that come their way. The plan gives an order to an otherwise chaotic idea.
Sabrina owns an apartment complex in upstate New York. One of her renters, Salvo, informs her in January that the heating unit has stopped working in his apartment. Sabrina promises to fix the problem, but two weeks later, the heating unit is still not working. Salvo may:
a. stop paying rent, but may not move out
b. have to fix the problem himself because landlords have no responsibility to repair heating units
c. vacate the apartment, and Sabrina will be liable for any expenses he incurs.
d. move out, but may pay rent at a reduced rate.
If Sabrina fails to fix the heating unit within a reasonable time, Salvo has the right to terminate the lease and potentially negotiate a lower rent payment for the period without heating. Therefore, option d is correct.
Rent refers to the payment made by a tenant to a landlord in exchange for the use and occupancy of a property. It is a contractual agreement where the tenant agrees to pay a specified amount of money at regular intervals, typically monthly, to the landlord.
Rent is commonly associated with residential or commercial properties and covers the cost of occupying the space, including the use of amenities, utilities, and maintenance expenses. The terms and conditions of the rental agreement, including the amount of rent and any additional fees or obligations, are outlined in a lease or rental contract between the tenant and landlord.
Learn more about contractual agreement here:
https://brainly.com/question/32241355
#SPJ12
Credit unions are similar to commercial banks in that both: Group of answer choices pay federal income taxes are regulated have Federal Reserve membership tend to be small institutions
Credit unions are similar to commercial banks in that both are regulated. Therefore, the correct option is option 2.
Credit unions and commercial banks share similarities in that both are regulated financial institutions. They must adhere to rules and guidelines set by governing bodies, such as the Federal Deposit Insurance Corporation (FDIC) for banks and the National Credit Union Administration (NCUA) for credit unions. This ensures the safety and soundness of these institutions and protects the interests of depositors and members.
However, there are some key differences between the two. While commercial banks pay federal income taxes and have Federal Reserve membership, credit unions do not. Instead, credit unions are exempt from federal income taxes because they are member-owned, not-for-profit institutions that exist solely to serve their members' financial needs.
Overall, while credit unions and commercial banks share some similarities, they operate under different rules and regulations that reflect their unique business models. Hence, the correct answer is option 2.
Learn more about Credit unions:
https://brainly.com/question/2279124
#SPJ11
When given one variable value, the value of other variables can be easily estimated. This applies to which type of graph? a. Line c. Scale b. Bar d. Both A and B Please select the best answer from the choices provided A B C D
Answer: A. Line!
Explanation: On Edge!!
University of Oregon Department of Athletics Revenue Sun Projected FY University of Oregon Department of Athletics Expense Sumram. Projected FY1 REVENUE BREAKDOWN FY2016: TOTAL REVENUES =$103.4M EXPENSE BREAKDOWN FY2016: TOTAL EXPENSES =$103.4M
There's no information given about Sun Projected FY and Sumram Projected FY1, hence, nothing can be said about them.
The total revenues for FY2016 in the University of Oregon Department of Athletics were $103.4M, according to the information provided. On the other hand, the total expenses for FY2016 in the University of Oregon Department of Athletics were $103.4M as well.
Therefore, the revenue and expense sum was the same, which is $103.4M.
Learn more about revenue from the given link.
https://brainly.com/question/29061057
#SPJ11
The equilibrium price and quantity of a product was $100 and 1,000 units per month in 2015 and is $150 and 800 units per month in 2016. Assume that relative to demand in 2015, the market demand curve shifts to the right. Relative to supply in 2015, the market supply curve The new market equilibrium is where OA. The initial demand curve intersects the initial supply curve. B. There is a surplus. C. The new demand curve intersects the new supply curve. D. Demand is greater than supply. From 2015 to 2016, A. Supply decreased more than demand decreased. B. Supply increased more than demand increased. C. Supply increased more than demand decreased. D. Supply decreased more than demand increased
1. The market supply curve in 2015, relative to supply Where is the new market equilibrium. The new supply and demand curves are in contact.
The supply curve and the new demand curve cross. When the supply curve swings to the left from the ss throw and the demand curve shifts to the right from DD to D'D', it is unmistakably the fresh evidence from the side diagram.
At point E, the new demand curve "D's" crosses the new supply curve "ss".
2. Between 2015 and 2016, supply fell short of rising demand.
The increase in supply from DD to D'D' s's' from ss to s's, as seen in the above picture, is less than the decline in the new equilibrium point '. This graph displays the equilibrium price at $150 and the equilibrium quantity at 800.
To learn more about equilibrium quantity, please refer:
https://brainly.com/question/28527601
#SPJ4
Althoigh a franchise offers many upsides opening a franchise also has many downsides. From the lost below select the answers that are considered down sides
Answer:
the options are missing, but I can list several disadvantages or downsides of owning a franchise:
When you buy a franchise you enter a formal contract that requires you to perform different obligations and failing to perform can result in legal and economic problems (similar to all contracts signed).The franchise contract generally specifies a certain amount of years, and even if you are able to perform very well, nothing can assure you that the contract will be renewed. When you buy a franchise, you must follow all the rules, procedures and guidelines given to you by the franchisor, i.e. you own a business but someone else tells you what to do. These orders and restrictions given by the franchisor include what you can or cannot sell, and who will be your vendors (suppliers). Even if you do great, other franchisees might not operate properly and that will negatively affect your business. You have to pay royalties (a % of your gains) to the franchisor.Last year, Dr. Lopez quit his $100,000 job at the MegaMall Dental Clinic and opened his own dental practice. His revenue for the first year was $400,000. He paid $80,000 in rent for the dental office, $60,000 for his office manager’s salary, $25,000 for the dental hygienist, $150,000 for insurance, and $10,000 for other miscellaneous expenses. Based on this information, which of these statements is correct?
Answer: D) All of the above are correct.
Explanation:
Implicit costs are the opportunity costs which refers to the value of the next best alternative to the current decision path. As Dr. Lopez quit a job that was paying $100,000 in order to open this practice, that would be his implicit costs.
His accounting profit is;
= Revenue - expenses
= 400,000 - 80,000 - 60,000 - 25,000 - 150,000 - 10,000
= $75,000
His economic profit;
= Accounting profit - Implicit costs
= 75,000 - 100,000
= -$25,000
true or false when a provider has market dominance, and hence can set its own prices (within reason), it is called a price taker.
The statement "when a provider has market dominance, and hence can set its own prices (within reason), it is called a price taker" is false because that is called a price setter, not a price taker.
What is a price setter?A price setter is a business or industry that has control over the market price of goods or services. This is achieved through the use of monopolistic competition, oligopoly, or a monopoly. In an oligopoly, for example, the top four firms account for 80% of the market. These businesses have considerable power over the market since their pricing and output strategies influence market conditions. The company can set its prices above those of its competitors due to its monopoly position. This will be to maximize profits by charging the highest price that consumers are willing to pay.
What is a price taker?A price taker, on the other hand, is a firm or industry that accepts the market price determined by supply and demand forces. Small businesses and startups are more likely to be price takers since they lack market power to set prices. The market price is the going rate for a product or service. Businesses that do not have a monopoly or oligopoly position are price takers, and they must accept the market price. They have no influence over the market price since their output is minor, and they must accept the market price to be competitive.
What is market dominance?Market dominance is when a company or group of firms controls a significant portion of the market. A company that holds a significant portion of the market may have an unfair advantage over its competitors, which can lead to a monopolistic or oligopolistic market. When a company has market power, it can charge higher prices or reduce product quality without fear of losing customers. Governments frequently take measures to promote competition and prevent businesses from dominating the market, to protect consumers from paying excessive prices.
Learn more about price setter here: https://brainly.com/question/10572004
#SPJ11
two economies are identical, except that the level of capital per worker is higher in highlan than in lowland. investment in lowland must be:
The investment in lowland must be increased in order to match the level of capital per worker in highland and achieve similar economic growth. This can be done through attracting foreign investment, encouraging domestic investment, or implementing policies that promote savings and investment. It is important to note that simply increasing investment without addressing any underlying issues such as corruption or inefficient bureaucracy may not lead to sustainable economic growth.
For more question like Economic growth visit the link below:
https://brainly.com/question/15204286
#SPJ11