a campaign to organize nonunion workers into a union and gain recognition by their employer is known as a(n) .

Answers

Answer 1
Answer- Union Organizing Drive
MARK ME BRAINLIEST

Related Questions

List 7 types of media's with notes about them. Or less.​

Answers

Answer:

good

Explanation:

Print Media (Newspapers, Magazines)

Broadcast Media (TV, Radio)

Outdoor or Out of Home (OOH) Media.

Internet.

list your personal interest​

Answers

Answer:

my interest is to reach conqueror in pubg mobile

How many years would it take for money to increase to 3 times the initial amount at an interest rate of 18% per year?

Answers

Answer:

7 years (to the nearest year)

Explanation:

Given that;

A = amount

P= principal

t = time

r = rate

A =3P(given in the question)

Formula for compound interest;

A = P(1 + r)^t

Substituting values;

3P = P(1 + 18/100)^t

3P/P= (1.18)^t

3 = (1.18)^t

log 3 = t log 1.18

t = log 3/log 1.18

t = 0.4771/0.0719

t = 6.6 years

t = 7 years (to the nearest year)

Answer these question

Answer these question

Answers

1. 100 bushels and p1

2. 150

3. as bushels become that big, it gets harder and harder to transport them, messing with the price compared to just buying two separate 100 bushels.

Jay Harrod and 2 trainees were sent to a 2 day sales seminar. The registration fee was $165 per person. Training materials cost $35 per person. Harrod earns a yearly salary of $52,000 and the 2 trainees earn $14.50 per hour each for a standard 40 hour work week. What were the total training costs?

Answers

Answer:

$1,232

Explanation:

the training costs include:

registration fees = $165 x 3 = $495

training materials = $35 x 3 = $105

trainees' wages = 2 x 8 x $14.50 = $232

Harrod's wage = ($52,000 / 52 weeks) x 2/5 days = $400

total training cost = $1,232

Employees must be paid their normal salary when they attend training sessions.

(a) A consumer has utility u(x,y,z) = ln(x) + 2ln(y) + 3ln(z) over the three goods, x,y and z and pz=1. Optimally she consumes 30 units of z. What is her income? How much money does she spend on x? (HINT: MUx = 1/x, MUy= 2/y, MUz = 3/z and remeber the "equivalent bang for the buck" condition).
(b) Forget about (a). Suppose you have t= 29 hours in total to spend on 3 projects X,Y and Z to make some money.
If you spend x hours on project X, you make 2 sqrt(x) dollars;
If you spend y hours on project Y, you make 3 sqrt(y) dollars;
If you spend z hours on project Z, you make 4sqrt(z) dollars;
Writing down your "utility function" u(x,y,z) and the constraint, solve the utility maximization problem; what is the optimal amount of time to spend on x? on y? on z?

Answers

The optimal amount of time to spend on x is 29/26 hours, on y is 261/26 hours, and on z is 464/26 hours.

(a) To find the consumer's income and the amount spent on good x, we need to maximize her utility function subject to her budget constraint.

The utility function is given as u(x, y, z) = ln(x) + 2ln(y) + 3ln(z).

We are told that the consumer optimally consumes 30 units of z, so z = 30.

Let's denote the consumer's income as I and the price of good x as px. Since pz = 1, the price of good z is 1.

The budget constraint is given by I = px × x + pz × z. Substituting the values, we get I = px × x + 1 × 30 = px × x + 30.

To find the optimal consumption, to set up the Lagrangian function:

L(x, y, z, λ) = ln(x) + 2ln(y) + 3ln(z) + λ(I - px × x - 30).

The Lagrangian function with respect to x, y, z, and λ, and set the derivatives equal to zero:

∂L/∂x = 1/x - λ × px = 0,

∂L/∂y = 2/y - λ = 0,

∂L/∂z = 3/z - λ = 0,

∂L/∂λ = I - px × x - 30 = 0.

From the first equation, 1/x = λ × px. Since MUx = 1/x, this implies that MUx = λ × px.

From the second equation, MUy = λ/2.

From the third equation, MUz = λ/3.

Since the prices are given as px = 1 and pz = 1,

MUx = λ × 1,

MUy = λ/2,

MUz = λ/3.

Using the "equivalent bang for the buck" condition, the consumer will equate the marginal utilities of all goods:

MUx/px = MUy/py = MUz/pz,

λ * 1/1 = λ/2/py = λ/3/1.

Simplifying, λ= λ/2py = λ/3.This implies 1 = 1/2py = 1/3.Solving for py,py = 2.

Now, substituting the value of py = 2 into the equation λ/2py = λ/3,  λ = 3.

Using λ = 3, we can solve for the optimal quantities of x and y:

1/x = λ × px,

1/x = 3 ×1,

1/x = 3,

x = 1/3.

2/y = λ,

2/y = 3,

y = 2/3.

We know that z = 30, as given.

To find the consumer's income, we use the budget constraint:

I = px × x + pz × z,

I = 1 × (1/3) + 1 × 30,

I = 1/3 + 30.

Therefore, the consumer's income is I = 1/3 + 30, and the amount of money she spends on x is 1/3.

(b) To maximize the utility function u(x, y, z) subject to the time constraint.

The utility function is u(x, y, z) = 2sqrt(x) + 3sqrt(y) + 4sqrt(z).

The time constraint is x + y + z = 29.

To find the optimal amounts of time to spend on x, y, and z,  the Lagrangian function:

L(x, y, z, λ) = 2sqrt(x) + 3sqrt(y) + 4sqrt(z) + λ(x + y + z - 29).

The Lagrangian function with respect to x, y, z, and λ, and set the derivatives equal to zero:

∂L/∂x = 1/sqrt(x) + λ = 0,

∂L/∂y = 3/sqrt(y) + λ = 0,

∂L/∂z = 4/sqrt(z) + λ = 0,

∂L/∂λ = x + y + z - 29 = 0.

From the first equation, 1/sqrt(x) = -λ. Squaring both sides,  1/x = λ×2.

From the second equation, 3/sqrt(y) = -λ. Squaring both sides,  9/y = λ^2.

From the third equation, 4/sqrt(z) = -λ. Squaring both sides,  16/z = λ²2.

Since the constraints are given as px = 1, py = 1, and pz = 1,

1/x = λ²2 × px²2 = λ²2 × 1²2 = λ²2,

9/y = λ²2 × py²2 = λ²2 × 1²2 = λ²2,

16/z = λ²2 × pz²2 = λ²2 ×1²2 = λ²2.

Using the "equivalent bang for the buck" condition, the consumer will equate the marginal utilities of all goods:

MUx/px = MUy/py = MUz/pz,

λ²2 × 1/1 = λ²2 × 1/1 = λ²2 × 1/1.

Simplifying,

λ²2 = λ²2 = λ²2.

This implies that λ can take any positive value.

From the first equation, 1/x = λ²2. Solving for x,  x = 1/λ²2.

From the second equation, 9/y = λ²2. Solving for y, y = 9/λ²2.

From the third equation, 16/z = λ^2. Solving for z, z = 16/λ^².

Using the time constraint,

x + y + z = 29,

1/λ²2 + 9/λ²2 + 16/λ²2 = 29,

(1 + 9 + 16)/λ²2 = 29,

26/λ²2 = 29.

Solving for λ²2, we get λ²2 = 26/29.

Substituting this value of λ²2 into the expressions for x, y, and z,

x = 1/(26/29) = 29/26,

y = 9/(26/29) = 261/26,

z = 16/(26/29) = 464/26.

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Scenario 3: Buying a cell phone plan It’s time to buy a new cell phone plan, and you will be paying for this one yourself. The providers offer a lot of options, and your budget is limited. What financial information do you need? What financial decision-making strategies can you use? (Cost comparison, cost-benefit analysis, calculating future expenses, or budgeting?)

Answers

Answer:

hi bestie

cost comparison

Explanation:

evaluate whether locating closer to raw materials is the most important factor when locating a business. if not what other factor/s would be more important​

Answers

Answer:

The nature of the major raw material requires to produce the product of the business determines the level of importance attached to locating a business closer to raw materials.

Explanation:

The level of importance attached to locating a business closer to raw materials depends on the nature of the major raw material requires to produce the product of the business.

When the major raw material requires to produce the product of the business is a heavy raw material that cannot be easily transported, locating the business closer to the raw material will be the most important factor.

However, when the major raw material requires to produce the product of the business can be easily be transported, locating the business closer to raw materials will NOT be the most important factor. In this case, some of the other important factors to consider will include proximity to markets; availability of labour; water supply; availability of power, fuel or gas; waste products disposal facility and among others.

How did cecilia’s knowledge of economics help her make a savvy commodity purchase? she knew that diamonds are popular and in high demand. she knew that diamonds are a nonrenewable resource, making them scarce. she knew that the cost of diamonds depends only on the demand. she knew that the purchase of diamonds will satisfy wants and needs.

Answers

"She knew that diamonds are a non-renewable resource" is the knowledge of economics that helped her make a savvy commodity purchase.

Resource allocation is often known as the distribution of productive assets among various uses.

Resource allocation is a problem because a society's resources are finite, although people's wants are typically limitless, and since any given resource can be put to a variety of different uses.

The price system is the main mechanism in free-enterprise systems for allocating resources to the uses that consumers find most appealing.

Resource allocation decisions are made politically in planned economies and in the public sectors of mixed economies.

Any economizing agency's goal is to distribute resources in a way that gets the most output from a given combination of resources, within the bounds of available technology.

Hence, the correct answer is "She knew that diamonds are a non-renewable resource".

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Answer:

B.)  She knew that diamonds were a nonrenewable source, making them scarce.

Explanation:

Why do students who attend the most prestigious universities in our country begin in pre-med or pre-engineering and engineering but end up changing their majors?

Answers

A major is just a topic area in which students might focus while working toward a college degree. Between one-third and fifty percent of the courses you take in college are usually either in your major or closely linked to it. You demonstrate consistent, high-level work in one subject by finishing a major.

The difficulty of science is due to a variety of factors. Because science has such high cognitive and psychological demands, students must be able to comprehend other topics, retain difficult and frequently abstract concepts, and maintain high levels of drive and perseverance throughout their studies. A major is the subject on which you will concentrate most of your academic work.

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bautista corporation reported pretax book income of $1,000,000. included in the computation were favorable temporary differences of $200,000, unfavorable temporary differences of $50,000, and favorable permanent differences of $100,000. compute the company's current income tax expense or benefit.

Answers

Bautista Corporation reported pretax book income of $1,000,000. The computation of the company's current income tax expense or benefit is $308,000.

Explanation: Bautista Corporation reported pretax book income of $1,000,000. This is the starting point of the income tax expense/benefit computation. The amount of $1,000,000 is adjusted for favorable and unfavorable temporary differences and favorable permanent differences.

Temporary differences are the differences between the amount of a company's reported book income and its taxable income, which are expected to reverse in future years when they become deductible or taxable.

Temporary differences may be favorable or unfavorable, depending on the nature of the difference and the related tax consequences. Permanent differences, on the other hand, are differences between book income and taxable income that will not reverse in future years and are related to items that are either always tax-deductible or tax-exempt. Permanent differences can be either favorable or unfavorable to the company.

Based on the information given in the question, the computation of the current income tax expense or benefit for Bautista Corporation is as follows: Pretax book income$1,000,000 Add: Favorable permanent differences $100,000

Favorable temporary differences $200,000 Less: Unfavorable temporary differences ($50,000) Taxable income $1,250,000 Taxable income multiplied by the tax rate40%  Income tax expense$500,000.

Less: Income tax benefit related to permanent differences ($100,000 x 40%) ($40,000) Income tax expense (benefit)$460,000 Tax expense equals to $460,000, which is computed by taking taxable income of $1,250,000 multiplied by the tax rate of 40%.

To calculate the tax benefit from the permanent difference, we multiply the favorable permanent difference of $100,000 by the tax rate of 40%, which gives $40,000. Finally, we subtract this tax benefit from the income tax expense to get the net tax expense of $460,000.

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Who’s the intended audience in news articles

Answers

Newspaper readers have typically been more educated, wealthy, and older than non-newspaper audiences.

Who is a research's primary target audience?

The people who read your work are referred to as the "audience." A term paper or thesis, for example, may be produced for a professor or committee of professors. More frequently, a paper is produced for peers in your field, for others who pursue similar academic interests.

Who are the media's intended consumers or target audiences?

A group of people who you've identified and wish to appeal to is what we refer to as a social networking target audience. Based on factors like age, occupation, income level, degree of education, geography, or behavior, for example. your target market for social media

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Corinth's labor supply grew by 1.4% and land stock grew by 1% from 425 BCE to 424 BCE. Landowners received 50% of income. If total factor productivity grew by 0.3% find the growth rate of aggregate output.

Answers

Answer:

1.51%

Explanation:

Recall that:

Total Output  = \(A\times K^a \times ^{1-a}\)

here;

A = total productivity factor

K = capital input

L = labor input

SInce  Landowners gets 50% of income; then a = 0.50

\(= A\times K^ {0.50} \times ^{1-0.50}\)

Output at 424BBC

\(= 1.003A \times (1.014K)^{0.5}(1.01L)^{0.5}\)

\(= 1.003 \times (1.007)(1.005)AK^{0.5}L^{0.5}\)

\(=1.0151AK^{0.5}L^{0.5}\)

Thus, the growth rate from 425 BCE to 424 BCE :

= 1.0151 - 1

= 0.0151

= 1.51%

Suppose you deposit $444.00 today, $360.00 in one year, and $333.00 in two years in an account that pays an annual rate of interest of 10.25%. How much money will be in the account after three years? (1.5 points)

Answers

To calculate the amount of money in the account after three years, we need to calculate the interest for each deposit and add it to the principal amount.

Calculate the interest for each deposit:
The first deposit of $444.00 doesn't earn any interest since it is deposited today.
The second deposit of $360.00 will earn interest for one year. The interest can be calculated as: $360.00 * 10.25% = $36.90.
The third deposit of $333.00 will earn interest for two years. The interest can be calculated as: $333.00 * 10.25% * 2 = $68.21.

Add the interest to each deposit:
The first deposit remains the same: $444.00.
The second deposit with interest becomes: $360.00 + $36.90 = $396.90.
The third deposit with interest becomes: $333.00 + $68.21 = $401.21.

Add all the deposits together:
$444.00 + $396.90 + $401.21 = $1242.11.


After three years, there will be $1242.11 in the account.
To calculate the amount of money in the account after three years, we need to consider the deposits made at different times and the interest earned on each deposit. Let's break down the calculations step-by-step:

Calculate the interest for each deposit:
The first deposit of $444.00 is made today, so it doesn't earn any interest.

The second deposit of $360.00 is made after one year. To calculate the interest, we multiply the deposit amount by the annual interest rate: $360.00 * 10.25% = $36.90.

The third deposit of $333.00 is made after two years. Since it has been in the account for two years, we multiply it by the interest rate and the number of years: $333.00 * 10.25% * 2 = $68.21.

Add the interest to each deposit:
The first deposit remains the same: $444.00.

For the second deposit, we add the interest earned: $360.00 + $36.90 = $396.90.

For the third deposit, we add the interest earned: $333.00 + $68.21 = $401.21.

Add all the deposits together:
To find the total amount in the account after three years, we add up all the deposits:
$444.00 + $396.90 + $401.21 = $1242.11.


After three years, there will be $1242.11 in the account. This calculation takes into account the different deposit amounts and the interest earned on each deposit.

It's important to double-check the interest rate and the compounding frequency to ensure accurate calculations.

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It has been reported that 40% of U.S. Workers employed as purchasing managers are females. In a simple random sample of U.S. Purchasing managers, 70 out of the 200 are females.

Answers

Answer:

a. Population proportion = 0.40b. Sample proportion = 0.35

Explanation:

Question wants to know the population proportion and the sample proportion.

a. Population proportion:

The population in this case is the U.S. workers employed as purchasing managers. The proportion that we are interested in is the 40% that are female.

Population proportion is therefore 0.40.

b. The sample proportion uses the sample details not the population details:

= Number of females employed as Purchasing managers in sample / Number of Purchasing managers in sample

= 70 / 200

= 0.35

a musical instrument manufacturer is considered the best in the industry in terms of human resource management and its excellent supply chain that assures the company will deliver products on time. which macro strategy does this company demonstrate to achieve a sustainable competitive advantage?

Answers

Operational excellence is the plan for Niro music to gain a competitive advantage.

Early in the 1970s, Dr. Joseph M. Juran introduced the concept of operational excellence while educating Japanese industry leaders on how to improve quality. It was defined in the United States in the 1980s in reaction to "the crisis" experienced by large, established firms, whose market share was decreasing as a result of high-quality items imported from Japan.

An excellent workplace culture can be fostered using certain strategies and ideas that are part of the operational excellence style of thinking. Each employee must be able to recognise, provide for, and improve the flow of value to a client for there to be operational excellence.

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Under the direct write-off method, bad debt expense is reported:
a. When an account receivable is estimated to be uncollectible.
b. When an account receivable is initially recorded.
c. When an account receivable is proven uncollectible.
d. When the allowance for uncollectible accounts is established

Answers

The direct write-off method of bad debt expense is a method of accounting for bad debt expense in which the expense is recognized only when an account receivable is proven to be uncollectible.

Here correct answer is C

In this method, bad debt expense is not reported until the receivable is proven uncollectible. This means that the expense is not reported when an account receivable is estimated to be uncollectible or when it is initially recorded, and it is not reported when the allowance for uncollectible accounts is established.

The direct write-off method is not a generally accepted accounting principle (GAAP) for recognizing bad debt expense. The other method of accounting for bad debt expense is the allowance method, which requires that an estimate of bad debt expense be recognized when the receivable is initially recorded.

Under the allowance method, bad debt expense is reported both when the allowance is established and when the receivable is proven to be uncollectible..

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Please help I will mark you as brainliest!!

The marketing manager at a company producing laundry products sees great
long-term profits from selling to many consumers worldwide who care about
low prices. Which of the following tactics would best support this manager's
low-price strategy?

A. Develop products with more features than the competition offers
B. Design simple, inexpensive packaging
C. Offer a customer help line for advice in using the products
D. Work with retailers that specialize in speedy checkout and fast
delivery

Answers

The tactics that would best support this manager's low-price strategy is Designing simple, inexpensive packaging. Thus option B is correct.

What is the manager?

A manager refers to a person who is responsible head of any project and helps in arranging the resources, checking the progress, and timely completion of it in order to achieve the vision and goal of the organization.

In order to cater to a large number of potential consumers the low pricing strategy is used where the manager focuses on simple and inexpensive designs which help in the affordability of consumers.

Therefore, option B is appropriate.

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How to be a successful entrepreneur?

Answers

Answer:

Don’t take ‘no’ for an answer

Learn from the best

Stay hungry and ambitious

Never stand still; evolve with the times

Nurture long-term business relationships

Inspire those around you

Trust your gut instinct, not just your spreadsheet

Explanation:

It takes hard work and dedication and they are many free sources that is available today such as videos

Jan's Jams makes a credit sale for $300 with terms of 2/10,n/30. The cost of the merchandise is $200. The required journal entry to record the sale and the cost of the sale is: _________
a) debit Accounts Receivable $200; credit Sales $200;
b) debit Cost of Goods Sold $300; and credit Merchandise Inventory $300
c) debit Accounts Receivable $300; credit Sales $300;
d) debit Cost of Goods Sold $200; and credit Merchandise Inventory $200
e) debit Sales $300 and credit Cost of Goods Sold $300
f) debit Accounts Payable $300; and credit Sales $300

Answers

Answer: debt Accounts receivable $300; credit Sales $300; debit Cost of Goods Sold $200; and credit Merchandise Inventory $200

Explanation: see attachment for more help

Jan's Jams makes a credit sale for $300 with terms of 2/10,n/30. The cost of the merchandise is $200.

The correct options are C and D respectively. The required journal entry to record the sale and the cost of the sale is debit Accounts Receivable $300; credit Sales $300; debit Cost of Goods Sold $200; and credit Merchandise Inventory $200.

What is the difference between accounts payable and accounts receivable?

The terms "accounts payable" and "accounts receivable" refer to the same thing. Accounts receivables represent the money that customers owe your company, as opposed to Accounts Payables, which represent the money that your company owes to suppliers.

An's Jams makes a credit sale for $300 with terms of 2/10,n/30. The cost of the merchandise is $200. The following are required journal entries to pass debit Accounts Receivable $300; credit Sales $300; debit Cost of Goods Sold $200; and credit Merchandise Inventory.

Thus, the proper answers are C and D, respectively.

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B) Answer the following questions.
1. Do you agree that business transaction is an economic transaction? Justify your answer
with TWO reasons.​

Answers

Answer:

Yes, agree, business transactions are economic transactions. Two reasons why:

Profit motive: economic transactions have a profit motive: they are carried out and agreed upon between the two parties, because the parties feel that they will be better off after the transaction is completed. Business transactions are based on the profit motive.Things of value: goods and/or services, are exchanged between the parties. In business transactions, either a good (for example, an asset), or a service (for example, employees), is always exchanged.

At Frank's company, the strength of the organizational structure is that the results are based on
the effectiveness of the managers, but its main weakness is costs can be increased due to a
decrease in efficiency. This is an example of which structure?
Osimple
O functional
O divisional
O matrix

Answers

Answer:

divisional

Explanation:

-A simple structure s a structure in which there is little specialization and there is a central authority that controls everything and has the power.

-Functional structure is a structure in which a company is divided in groups according to specialized activities. Because of this specialization, companies with this structure can increase productivity but the communication is rigid and the cooperation between departments is difficult.  

-Divisional structure is a structure in which there are different divisions and each one concentrates on a specific product or service and has all the functions and resources for that. This structure can create inefficiencies because the specialized functions are separated but the results of one division don't affect the other ones.

-Matrix structure is a structure in which employees report to more than one manager and it is used in companies that have different lines to have more flexibility and increase productivity.

According to this information and the statement, the answer is that this is an example of divisional stucture because in this structure each division has its own resources and specialized functions and because of that the results are based on the effectiveness of the managers but as each division has its own specialized functions, this creates inefficiencies.

Customer: "I'm guessing that you have to be versatile to perform your job well. "



Yes, I have to read a lot of information.


Yes, we are required to follow a script.


Yes, you have to be willing and able to adapt quickly.


a

Yes, it takes a lot of patience to be successful.


Yes, having good problem solving skills is essential.

NEXT

Answers

"Customer: 'I'm guessing that you have to be versatile to perform your job well.' - Yes, you have to be willing and able to adapt quickly."

Versatility or being Versatile is ab-le to adapt or be adapt-ed to many differ-ent functions or activities. To describe a per-son or thing that can adapt to do many thi-ngs or serve many functions, consider the ad-jective versatile. Able to change easily fr-om 1 activity to an-other or able to be used for many differ-ent purposes: He's a very versatile you-ng actor who's as happy in high-brow dramas as he is in TV com-edies. A leather jacket is a time-less & versatile gar-ment that can be worn in all sea-sons.

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You set up an ira (individual retirement account) with an apr of 5% at age 25. at the end of each month, you deposit $75 in the account. how much will the ira contain when you retire at the age of 65?
a. $114,451.51
b. $114,135.20
c. $115,625.02
d. $115,230.06

Answers

To calculate the amount in your IRA at retirement, you can use the formula for compound interest: A = P * (1 + r/n)^(nt)

Where:

A = final amount in the IRA

P = initial deposit

r = annual interest rate (5% in this case)

n = number of times the interest is compounded per year

t = number of years the account is invested (65 - 25 = 40 years in this case)

Assuming that the interest is compounded monthly, the number of times interest is compounded per year would be 12.

Substituting the values into the formula, we get:

A = $75 * (1 + 0.05/12)^(12 * 40) = $115,230.06

Therefore, the IRA will contain $115,230.06 when you retire at the age of 65. This is the answer choice d.

It is important to note that this is just an estimate and the actual amount could be different depending on various factors such as taxes, inflation, and changes in interest rates.

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how does elite access affect the relationship between business and government? a. it provides more money to government agencies. b. it helps businesses avoid full compliance with regulations. c. it provides more support for a company's cause. d. it influences what laws are passed.

Answers

Elite access, which refers to privileged access to government officials by business leaders and lobbyists, can have significant impacts on the relationship between business and government.

Firstly, it can provide more money to government agencies, as these business leaders may lobby for policies that benefit their industries and result in increased government funding. However, elite access can also lead to businesses avoiding full compliance with regulations, as they may have more influence over the drafting and enforcement of these regulations. Additionally, elite access can provide more support for a company's cause, as they may have more direct channels to government officials who can help them achieve their goals. Finally, elite access can influence what laws are passed, as business leaders may be able to lobby for policies that benefit their industries or oppose policies that would negatively affect them. Overall, elite access can significantly impact the relationship between business and government, with potential benefits and drawbacks for both parties.

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The marketing department submits a report to you, the managing director of a large production firm, about the demand for the product you manage. The report has the following estimated demand function:
QD = 2,515 - 12.5P + 0.075INCOME - 5.32POTHER
(130.2) (3.4) (0.016) (1.2)
Where P is the price of your product, INCOME is the average income, POTHER is the price of a related product, and the numbers in parenthesis are the standard errors of the estimated coefficients directly above them. The R2 statistic for the regression is 0.93 (93 percent). Based on the information given, answer the following questions:
i. Giving reason, clearly comment on the fit of the model. (1 pt)
ii. The estimation of the demand function above was done at the 95% confidence level. Assume, therefore that the critical t-value for the test is 1.96. Giving reason and showing any needed workings, comment on the significance of each of the variables used in the demand function specified. (3 pt)
iii. As a manager, would you use the estimated demand function to help make decision? Why or why not? (2 pt)
iv. Is the product a normal good? Why or why not? (2 pt)
v. Is the related product a complement or a substitute for your product? Briefly explain your answer. (2 pt)
vi. The current price of your product is $300, average income is $75,000, and the price of the related product is $500. What is the quantity demanded of your product? (2 pt)
vii. Based on the prices and income given in part vi., what is the price elasticity of demand for your product? Round your answer to one decimal place. Briefly explain the meaning of the value of the price elasticity of demand that you have computed. (3 pt)
viii. If you raise the price of your product, what do you predict will happen to total revenue? Why?

Answers

So both the results found out regression result is suitable for forecasting, it is estimated demand function to help make decision, The product is a normal good and The price elasticity of demand is 0.

A product is anything that can be supplied to a market to satiate the need or want of a client. In marketing, a product is an object, system, or service made accessible for consumer usage as of consumer demand. The thing being sold is called a "product." An item or service can be considered a product. Physical, virtual, or cyberspace forms are all possible. Every good has a price because it costs money to produce it.

The price elasticity requested for a good is measured according to how sensitively it responds to its price.

The price elasticity of demand:

= dQ/dP * P/Qd

= d(1548)/d(240) * 240/1548

= 0 x 240/1548

= 0

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Health insurance companies are generally faced with the problem of how much premium to charge the customers. Generally, the premium charged by the company (P, measured in hundred dollars) is decided on the basis of the age of the person (A) and the duration for which the insurance is taken (D). A health insurance company collects data on 300 randomly selected customers. The estimated regression function is
:pi, = 250.15 +0.84 A+1.78 D +0.88 AxD, RP = 0.546. (0.98) (1.08) (0.75) (1.94)
The standard errors are given in parentheses. The change in the premium due to an increase in the age of a person by 1 year, holding the duration of insurance constant at 3 years, will be $ The change in the premium due to an increase in duration of the insurance by 1 year, holding the age of the person constant at 50 years, will be $ (Express your answers in dollars.) Suppose the age of a person is 50 years and the duration for which he purchases the insurance is 3 years. If both the age of the person and the duration of insurance increase by 1 year, the change in the premium will be $ (Express your answer in dollars.)

Answers

To determine the change in the premium due to a change in age or duration, we need to consider the coefficients associated with the age (A) and duration (D) variables in the regression function.

According to the given regression function:

P = 250.15 + 0.84A + 1.78D + 0.88AxD

To find the change in the premium due to a 1-year increase in age (A), holding the duration (D) constant at 3 years, we only consider the coefficient for A in the regression function. The coefficient for A is 0.84. Therefore, the change in the premium will be:

Change in premium due to increase in age = 0.84 (in hundred dollars) = $84

To find the change in the premium due to a 1-year increase in duration (D), holding the age (A) constant at 50 years, we consider the coefficient for D in the regression function. The coefficient for D is 1.78. Therefore, the change in the premium will be:

Change in premium due to increase in duration = 1.78 (in hundred dollars) = $178

If both the age of the person and the duration of insurance increase by 1 year, we need to consider the coefficient for AxD in the regression function. The coefficient for AxD is 0.88. Therefore, the change in the premium will be:

Change in premium due to increase in age and duration = 0.88 (in hundred dollars) = $88

It's important to note that the values obtained are in hundred dollars, so to express the answers in dollars, we multiply the values by 100:

Change in premium due to increase in age = $84 (in dollars)

Change in premium due to increase in duration = $178 (in dollars)

Change in premium due to increase in age and duration = $88 (in dollars)

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Your assistant has just completed an analysis of two mutually exclusive projects. You must now take her report to a board of directors meeting and present the alternatives for the board's consideration. To help you with your presentation, your assistant also constructed a graph with NPV profiles for the two projects. However, she forgot to label the profiles, so you do not know which line applies to which project. Of the following statements regarding the profiles, which one is most reasonable? a. If the two projects have the same investment cost, and if their NPV profiles cross once in the upper right quadrant, at a discount rate of 40 percent, this suggests that a NPV versus IRR conflict is not likely to exist. b. If the two projects both have a single outlay at t = 0, followed by a series of positive cash inflows, and if their NPV profiles cross in the lower left quadrant, then one of the projects should be accepted, and both would be accepted if they were not mutually exclusive. c. Whenever a conflict between NPV and IRR exist, then, if the two projects have the same initial cost, the one with the steeper NPV profile probably has less rapid cash flows. However, if they have identical cash flow patterns, then the one with the steeper profile probably has the lower initial cost. d. If one of the projects has a NPV profile which crosses the X-axis twice, hence the project appears to have two IRRs, your assistant must have made a mistake. e. If the two projects' NPV profiles cross once, in the upper left quadrant, at a discount rate of minus 10 percent, then there will probably not be a NPV versus IRR conflict, irrespective of the relative sizes of the two projects, in any meaningful, practical sense (that is, a conflict which will affect the actual investment decision).

Answers

The most reasonable statement is e. If the two projects' NPV profiles cross once, in the upper left quadrant, at a discount rate of minus 10 percent, then there will probably not be an NPV versus IRR conflict, irrespective of the relative sizes of the two projects, in any meaningful, practical sense (that is, a conflict which will affect the actual investment decision).

The upper left quadrant of an NPV profile corresponds to high discount rates and high NPV values. If the two projects have a single intersection point in this quadrant, it means that at very high discount rates, both projects have positive NPVs, and the intersection indicates the point at which the two projects have the same NPV.

At a discount rate of -10%, the NPV profile intersection point in the upper left quadrant suggests that both projects have positive NPVs. This means that the projects are likely to be profitable and acceptable under most circumstances.

The statement e is the most reasonable because a single intersection point in the upper left quadrant of the NPV profiles suggests that the projects are likely to be profitable and acceptable under most circumstances, and therefore, there will probably not be an NPV versus IRR conflict, irrespective of the relative sizes of the two projects, in any meaningful, practical sense.

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what is engineering?​

Answers

Answer:

Engineering is an occupation with an extremely wide reach. The term 'engineering' covers many fields and, by extension, many skills. Engineers are scientists, inventors, designers, builders and great thinkers and improve the state of the world, expand human capability and make people's lives safer and easier.

Engineering skills include:

The scientific methodSocial, cultural and economic awareness  MathematicsBiology, chemistry, physics and other areas of scienceCreativityTeamworkWhere science is involved with designs, buildings, use of engines, machines, and structures.
Engineering is the process of designing the human-made world. Engineering is the systematic application of knowledge and experience to solve problems and protect and improve lives. It takes a thought, or an abstract idea, and translates it into reality.

True or False? the data for bi (business intelligence) comes from a single source.

Answers

Answer:False

Explanation:

It comes from many sources

The statement "the data for bi (business intelligence) comes from a single source." is false because The data for BI comes from multiple sources, not just a single source.

BI systems gather, integrate, and analyze data from various sources like databases, data warehouses, spreadsheets, and external data sources.

This helps businesses to have a comprehensive understanding of their operations, make informed decisions, and gain insights into trends and patterns. By utilizing data from multiple sources, BI tools can provide a holistic view of the business and enable better decision-making.

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