A fellow student suggests that the increase in consumer surplus from a $1000 reduction in the price of used cars is found by multiplying $1000 by the original quantity of demand for used cars. This method for calculating the increased consumer surplus
a. Correct if the demand is used forCorrect if the demand for used cars is price inelastic
b. Correct if used cars are normal goods
c. Wrong and over states the true change in consumer surplus
d. Wrong and understates the true change in consumer surplus
e. None of the above
Answers
Consumer surplus continually increases as the rate of a accurate falls and decreases as the charge of a true rises. It is depicted visually by economists as the triangular region under the demand curve between the market price and what buyers would be inclined to pay.
How does a surplus have an effect on the fee of a product?Whenever there is a surplus, the rate will drop until the surplus goes away. When the surplus is eliminated, the extent furnished just equals the quantity demanded—that is, the quantity that producers prefer to sell exactly equals the amount that buyers choose to buy.
As the equilibrium price increases, the doable producer surplus increases. As the equilibrium charge decreases, producer surplus decreases. Shifts in the demand curve are without delay related to producer surplus. If demand increases, producer surplus increases.
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Hey guys i dont know who to vote for plz give me suggestions and reasons why
Answers
Answer:
me ig im just trying to get more points and brainliest
Explanation:
also im nice :) when people are not rude to me
discuss the principles of professionalism in the work place
Answers
Answer: Professionalism in workplace includes communication, dressing properly, productivity, humility, integrity, etc.
Explanation:
Communication: Communicate effectively and appropriately in person, over the phone and online.
Dress for success: Dress appropriately for your organization and industry. Most organizations have a dress code, but if not, note how others are dressed. Some career counselors advise that you dress for the position you aspire to have. Be neat and clean.
Excellence: Strive to do your best. Exceed expectations when you can.
Humility: Be confident but not arrogant. Acknowledge your mistakes. Respect the contributions made by other members of the team.
Initiative: Ask for additional responsibilities or assignments.
Integrity: Be accountable for your actions. Behave ethically.
Interpersonal skills: Build appropriate relationships with colleagues, customers and clients. Demonstrate good etiquette with manners, politeness and respect for others.
Productivity: Focus on your responsibilities. Avoid activities unrelated to your work while on the job, such as excessive socializing, web browsing and phone time.
Problem-solving ability: Brainstorm possible solutions to present to your team members and supervisor.
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The unit rate for 63 meters in 36 minutes
Answers
Answer:
1.75
Explanation:
Divide distance by time
Michael doesn’t agree with the direction his teammates want to go with the team’s project. Michael wants to understand his teammates’ reasoning. As they attempt to explain it to him, he keeps interrupting with questions and strong objections. Michael is becoming more and more frustrated as the meeting goes on. What can Michael do to reduce his frustration and listen more effectively? Check all that apply.
Answers
Answer:
The overview of the discussion is summarized in the subsection elsewhere here.
Explanation:
Frustration throughout the office sometimes doesn't pass out like that, it can always get worse whether it's left behind. Frustrated group members or teammates rarely do their excellent efforts, although anger can be an indication that perhaps the organization is having a challenge. I guess collaboration is a gathering of persons, perhaps and sometimes it might just be yourself and someone else, so it's coming together. Reveal the issue around to do the opportunity they need to do to get whatever they're seeking to do.So that Michael could start by writing his questions in the first place everything for the end, and then he can stop interrupting and annoying his colleagues.
Economics Unit 5 Study Guide
Answers
The Government agency and the organizations are the groups that are facilitated for the working by the government, privately or with government support.
What is Government agency?The Government agency and the organizations are the groups that are operated either privately or by the government for the operation of the task.
The Government agency is defined as a public organization with the task to complete the work for the government.
The Government Contractor is a private business that works for the completion of the government work.
The Government Corporation is given as the establishment for the independent operation of the goods and services supported by the government.
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Each year The Calendar Shop orders calendars for the coming year. Anticipated demand for the coming year is for 2000 calendars. The Shop's fixed costs are $750. Each calendar cost $3 and The Calendar Shop sells each one for $5.00. At the end of July during the next year, The Shop will reduce the calendar price to 60% of the original selling price and will sell all the surplus calendars at this price. Assume the original selling price varies from $4.00 to $7.25 in increments of $0.25. The Calendar Shop can order in increments of 250 calendars up to a maximum of 4000 calendars. Answer the questions below. For each question, start with the original conditions given here.
10.If the sale price is set at $4.75, the Calendar Shop can expect to make the maximum profit when the order quantity is : A. 2,000 B. 2,500 C. 3,000 D. 3,500
Answers
A. 2,000. The maximum profit is obtained when the order quantity is set at 2,000, since this is the anticipated demand for the coming year.
What is profit?Profit is the amount of money a business earns after expenses are deducted from its total revenue. It is the difference between a company's total revenue and expenses, and it is a measure of the business's performance. It serves as an indicator of a company's financial health and is an important metric for investors and owners. Profit is also referred to as net income, net earnings, or the bottom line.
With 2,000 calendars, the Calendar Shop can cover its fixed costs of $750, and will make a profit of $2,250 ($5.00 minus $2.75 per calendar). With an order of more than 2,000 calendars, the price per calendar will have to be reduced, resulting in a lower overall profit.
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2. If information is disseminated, what happens to it?
A) It is altered
B) It is distributed
C) It is destroyed
D) It is stored
Answers
Answer:
b
Explanation:
by definition, disseminate means to distribute or broadcast information
he financial statements of Denison Furniture Company include the following items: 2019 2018 Cash $53,500 $53,000 Short-term Investments 29,000 15,000 Net Accounts Receivable 92,000 105,000 Merchandise Inventory 162,000 142,000 Total Assets 532,000 551,000 Total Current Liabilities 235,000 215,000 Long-term Note Payable 62,000 60,000 What is the 2019 cash ratio? (Round your answer to two decimal places)
Answers
Answer:
The cash ratio is calculated by dividing cash and short-term investments by current liabilities.
Cash ratio for 2019 = (53,500 + 29,000) / 235,000 = 0.39
Rounding to two decimal places, the 2019 cash ratio is 0.39.
Explanation:
Carla Vista Choice sells natural supplements to customers with an unconditional sales return if they are not satisfied. The sales returns period extends 60 days. On February 10, 2021, a customer purchases $3500 of products (cost $1750). Assuming that based on prior experience, estimated returns are 20%. The journal entry to record the actual return of $200 of merchandise includes a:______
Answers
Answer:
debit to Returned Inventory for $100
Explanation:
The Journal entry is following below:
1. Sales Returns & Allowance Dr, $200
To Account Receivable $200
(Being sales return is recorded)
Here, we debited the sales return and allowances as it is return and we credited the accounts receivable as it reduces the assets.
2. Returned Inventory Dr, $100
To Cost of Goods Sold $100
(Being returned Inventory is recorded)
Here, we debited the returned inventory as it is return while we credited the cost of goods sold as the expenses is reduced.
Working note
Returned inventory = Actual return × Cost ÷ Customer purchase
= $200 × $1,750 ÷ $3,500
= $200 × 0.5
= $100
Pam holds a 25% profits interest in Northern LLC,which she received for managing an investment fund. In 2019, Pam's separately stated long-term capital gain in connection with this interest is $800,000. Of that amount, only $300,000 is attributable to underlying investments that have been held for more than three years. Which of the following is correct?
$800,000 is treated as LTCG.
$800,000 is treated as STCG.
$300,000 is treated as LTCG.
$300,000 is treated as STCG.
Answers
In this scenario, Pam holds a 25% profits interest in Northern LLC, and she received a separately stated long-term capital gain of $800,000 in 2019.
The tax treatment of the gain will depend on whether it is considered long-term or short-term. Long-term capital gains are taxed at lower rates than short-term gains.
According to the IRS, a capital gain or loss is long-term if the asset was held for more than one year before it was sold. In this case, only $300,000 of the gain was attributable to underlying investments that have been held for more than three years. Therefore, only $300,000 of the gain is considered long-term.
The remaining $500,000 of the gain is attributable to investments held for one year or less, which means it is considered short-term.
Therefore, the correct answer is: $300,000 is treated as LTCG, and $500,000 is treated as STCG.
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Which are possible employers in the Financial career cluster? Check ALL that apply.
O private company
O government
O nonprofit organization
bank
Ostock market
Answers
Quants are particularly sought-after in the trading sector, where they use algorithms to pinpoint the most profitable trading opportunities.
What are the possible employers in the Financial career?Asset managers, banks, hedge funds, insurance companies, and private equity firms all use quants to help with opportunity and risk detection.
Retail sales, insurance services, banking and related services, and business financial management.
Therefore, Employees can work for themselves in the insurance sales, tax preparation, financial planning, and investment management industries.
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Step 2. Search to find any summary about the company that mentions funds for starting the business. Try to find any information containing employee data in this section.
Step 3. Find the section where the product or service is detailed. Look to see what kinds of products or services will be involved with the business. Compare this with what other similar business plans are offering.
Record the information you found for steps 2 and 3. Make sure you discuss how the company got money to start the business, employee data, and what products or services the company provides in comparison with what other similar business plans are offering.
Answers
We can see here that such company gotten after searching for company that mentions funds for starting the business is Go-o-gle.
Funds for starting the business: $1 million in funding from Andy Bechtolsheim.
Employee data: over 160,000 employees worldwide.
What is a company?A company is a legal and organizational entity formed by individuals or a group of individuals with the purpose of conducting business activities. It is an association of individuals who come together to engage in commercial, industrial, or professional activities in order to generate revenue and make a profit.
Their products are digital and online services.
Comparing this company, we see Microsoft.
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Interventions strategies to prevent restrictions or barrier in small businesses townships
Answers
To prevent restrictions or barriers in small businesses in townships, several intervention strategies can be implemented:
1. Business Development Support: Offer training programs, workshops, and mentorship opportunities to help small business owners develop essential skills such as financial management, marketing, and business planning.
2. Access to Capital: Establish microfinance programs or low-interest loan schemes to provide small businesses with the necessary funds to start or expand their operations. Additionally, create partnerships with financial institutions to streamline the loan application process.
3. Infrastructure Improvement: Invest in upgrading township infrastructure, including roads, electricity, and internet connectivity. This will enhance the business environment, attract investors, and facilitate smoother operations for small businesses.
4. Regulatory Simplification: Simplify and streamline licensing and permit procedures, reducing bureaucracy and paperwork burdens. This will make it easier for entrepreneurs to start and operate businesses, fostering a favorable environment for small enterprises.
5. Market Linkages: Facilitate connections between small businesses and larger supply chains, enabling them to access wider markets and secure stable customer bases. This can be achieved through networking events, trade fairs, and partnerships with established businesses.
6. Local Procurement Policies: Encourage local governments and institutions to adopt procurement policies that prioritize purchasing goods and services from small businesses in the townships, thereby boosting their economic growth and sustainability.
7. Collaborative Initiatives: Foster collaboration among small businesses by establishing business associations, cooperatives, or incubation centers. These platforms can provide shared resources, collective marketing efforts, and a supportive community.
By implementing these intervention strategies, the barriers and restrictions faced by small businesses in townships can be minimized, promoting their growth, sustainability, and contribution to the local economy.
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What are the arguments for and against the concept of corporate social responsibility? Where do you stand, and why? Give your opinions, specifically, with respect to the text examples.
Answers
Public image of the company.
Moral Justification.
Public Support for business.
Long run survival of the organization and the public both.
Common arguments that go against CSR are:
Ambiguity in business policies.
Moral Responsibility.
Shareholders' rights
Explanation:
Against
The public should perceive the company as their savior and not their enemy. CSR helps a company stay in the good books of the public. If a cigarette manufacturing company opens a profit free farm or a recreational park for the public, it will ensure the maintenance of a positive image.
Morally, when a company takes something from the public e.g their clean air, or clean environment, then morally the company is bound to give something in return e.g a water filtration plant.
CSR can lead the public to support the company during times of need. A company during tough times might get several volunteers if it is known to have given much to the public.
Co-dependence is essential for the survival of both the organization and the public. Companies excel if the public likes them. If a company has been known to have only take and never give, then the balance is disturbed.
Against:
Not every company has the resources or interest to focus on one problem. Therefore, ambiguous policies of different organizations lead to partial working on one social issue or environmental issue. it leads the problem to be partially solved and not completely eliminated.
Company might morally owe the public in some domain but might not have the resources to fix that particular problem. It may leave the company in a moral debt. In order to compensate, a company may go beyond its capabilities which will not result in mutual benefit. Only one party will be happy.
CSR activities require resources. A company has several stakeholders and all might nit agree to spending/donating their profits for CSR activities. This may sound 'selfish' but public doesn't always know what the stakeholders are going through. CSR in such a case may deprive a stakeholder from a fraction of his share of profit.
Consider the following BPMN diagram:
Answers
If we look at the process model, we can see that Task A is the first task and must always be completed in order for the model to be run. Further observation reveals that because an exclusive gateway is employed, any of the two jobs, B and C, is carried out individually rather than simultaneously. As we continue to move through the BPMN diagram, we see that task M is the conversing task and is therefore always run along with a networks message flow from it to task F, which is done as soon as a message is received in pool 2 and finishes.
An item of networking hardware or software called a gateway is used in telecommunications networks to allow data to go from one distinct network to another.
The way that gateway differ from routers and switches is that they can join various networks using more than one protocol to communicate and that they can function at any of the seven OSI levels.
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The cost to make 3 large candles and 5 small candles is $6. 90. The cost to make 4 large candles and 6 small candles is $8. 90. How much more does it cost to make a large candle than a small candle?.
Answers
We used the method of elimination to find that it costs $1.10 more to make a large candle than a small candle. This problem demonstrates how we can use algebra to solve real-world problems involving multiple variables.
Let's use the method of elimination to solve this problem. We know that the cost to make 3 large candles and 5 small candles is $6.90, and the cost to make 4 large candles and 6 small candles is $8.90. We can subtract the first equation from the second equation to eliminate the small candles and find the cost of making one large candle as follows:
(4 large candles + 6 small candles) - (3 large candles + 5 small candles) = $8.90 - $6.90
1 large candle + 1 small candle = $2.00
1 large candle = $2.00 - 1 small candle
Now we can substitute the expression for 1 large candle into the first equation to eliminate the large candles and find the cost of making one small candle as follows:
3 large candles + 5 small candles = $6.90
3($2.00 - 1 small candle) + 5 small candles = $6.90
$6.00 - 3 small candles + 5 small candles = $6.90
2 small candles = $0.90
1 small candle = $0.45
Therefore, the cost of making one large candle is:
1 large candle = $2.00 - 1 small candle
1 large candle = $2.00 - $0.45
1 large candle = $1.55
And the cost of making one small candle is:
1 small candle = $0.45
So, the difference between the cost of making one large candle and one small candle is:
$1.55 - $0.45 = $1.10
Therefore, it costs $1.10 more to make a large candle than a small candle.
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Sponsorship is an effective marketing strategy, particularly for sporting goods and recreational equipment.
Answers
Answer:true
Explanation: just took the test
Which of the following statements is correct?
1 The demand curve for a purely competitive firm is perfectly elastic, but the demand curve for a purely competitive industry is downsloping.
2 The demand curve for a purely competitive firm is downsloping, but the demand curve for a purely competitive industry is perfectly elastic.
3 The demand curves are downsloping for both a purely competitive firm and a purely competitive industry.
4 The demand curves are perfectly elastic for both a purely competitive firm and a purely competitive industry.
Answers
The correct Statement is The demand curve for a purely competitive firm is perfectly elastic, but the demand curve for a purely competitive industry is downsloping. Thus option 1st is correct.
What is Demand Curve?Demand curve refers to the Graphical presentation of the relationship of the price and the quantity of a particular firm.
Those firms that engages in pure competition, the demand curve is entirely elastic due to the the marginal revenue curve aligns with the firm's equilibrium price since each firm acts as a price taker.
The demand curve for a purely competitive industry is downsloping because as the level of the price increases for the product the demand of the product decreases which implies decreased production.
Thus option 1st is correct.
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Seraphina is a real investor who likes at least an 8% cap rate on her properties. Which of these would qualify for her standard?
Answers
Net operating income (NOI) divided by the asset value of the property yields cap rates. Cap rates can give you important information about a property. But other metrics are also used to assess a real estate investment in addition to the cap rate.
Explain about the cap rate of the properties?By dividing a property's net operating income by its current market value, the capitalization rate is determined. An investor's probable return on a real estate investment is estimated using this ratio, which is given as a percentage.
A cap rate can be calculated easily by dividing the annual NOI by the property's market value. A property valued $10 million that produces $500,000 in NOI, for instance, would have a cap rate of 5%.
The fundamental formula is
(Net Operating Income)/Cap Rate (Current Fair Market Value)
Operating profit after tax Your gross rental income (the total amount of money you receive in rent) less your operational expenses equals your net operating income (such as payroll and costs of repairs).
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5 ways that bussiness bulid relationships with customers
Answers
Answer:
How to Build Strong Customer Relationships
Write killer emails.
Embrace pathological empathy.
Blow away their customer service expectations.
Seek feedback and show you genuinely care.
Be consistent and timely in your interactions.
Establish trust.
Reward loyalty.
Explanation:
Answer:
Communicate
Exceed expectations
Ask for feedback
Connect
Show appreciation
Explanation:
Suppose you bought a bond with an annual coupon rate of 7.5 percent one year ago for $898. The bond sells for $928 today. a. Assuming a $1,000 face value, what was your total dollar return on this investment over the past year
Answers
Answer: $105
Explanation:
The dollar return would be the sum of the returns (coupon) from the bond and any capital appreciation.
Coupon payment = Coupon rate * Face value
= 7.5% * 1,000
= $75
Capital appreciation = 928 - 898
= $30
Total dollar return = 75 + 30
= $105
Which of the following information is not displayed on a company’s profile (tearsheet) page on Capital IQ?
Answers
The information is not displayed on a company’s profile (tearsheet) page on Capital IQ is information that is not concern the company.
What is a Tearsheet page?A tear sheet, can be regarded as the fact sheet, which is usually a one-page document that comprises the key financial information that concern a particular company.
It do contain the overview of leadership and services and This page provides the necessary business description as well as the, industry classification of the investors, hence The information is not displayed on a company’s profile (tearsheet) page on Capital IQ is information that is not concern the company.
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What will produce more accurate results when giving a survey?
A. Using the word "frequently" in a question
B. Creating face-to-face interviews
C. Adding boxes to check for answers
D. Creating an open questions
Answers
Answer:
Option B; Creating face-to-face interviews
Explanation:
Research has shown that face-to-face interviews tend to produce more accurate results when giving a survey. So the correct answer is option B.
Which statement is true regarding monopolistic competition?
Answers
Answer:
AR>MR
--------------------------------------
WHERE ARE THE OPTIONS.
Which of the following is an example of the law of demand at work?
O A. The price of pizza falls when demand for pizza falls.
O B. The price of pizza goes up when the price of cheese goes up.
O C. Demand for pizza rises when the price of pizza falls.
O D. Demand for pizza goes down when tacos become more popular.
Answers
Answer:
O C. Demand for pizza rises when the price of pizza falls.
Explanation:
In the law of demand, the demand for a product and the price move in opposites directions. As the prices for a good or service increases, the demand falls. Therefore, the demand for a product is inversely related to its price.
An increase in the demand for pizza due to a fall in its prices is a perfect illustration of the law of demand. An increase or decrease in prices causes the demand to move in the opposite direction.
Trends or variations of statistics
Answers
There are basically 4 components or elements of a Time series in Statistics :
1. Secular Trend : The secular trend ot trend refers to the general tendency of the time series data to increase , decrease or remain constant during a long time period. In other words, a general rise or fall or constancy as a whole in a time series is the secular trend.
2. Seasonal Variation : The duration of Seasonal Variation is one year. Seasonal variations can be estimated with high degree of accuracy. The main causes of seasonal variations are - weather conditions, customs and traditions. Seasonal variations, being regular in nature can be measured more accurately. The shadow effects of seasonal variations differ from occupation to occupation and activity to activity.
3. Cyclic Variation : The duration of cyclic variation is more than one year and it may consist of a period of even 10 year. Cyclical variation cannot be estimated accurately as they are irregular in occurrence. These variation are caused due to economic activities . Cyclic variations are more uncertain and irregular in occurrence. Cyclic variations influence the economy as well as business activities as a whole.
4. Accidental Fluctuation: This is the last component of Time Series which can be obtained after separating the secular , seasonal and cyclical variations from the original data of time series . It is known as residual, random, irregular, 'episode', erratic or accidental fluctuation. These fluctuations are different from the other 3 components as these are not only erratic but also unpredictable. These fluctuations do not have repetitive tendency.
The correct question is - Explain the various components of Time Series.
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Then create a newspaper article/blog post/video (information/explanatory writing) to explain the factors a
consumer should consider when buying an automobile.
Answers
A self-propelled passenger vehicle for land transport that typically has four to eight tyres and is powered by an internal combustion engine or an electric motor. Automobile engineering refers to the branches of engineering that deal with the design and manufacturing of automobiles.Automobiles now play a significant role in our lives, which cannot be imagined without the modern world's luxuries. Because the automobile is used for both passenger and cargo transportation, it is a human lifeline. An automobile is a human-controlled vehicle that is not driven by humans.The number of doors, the arrangement of seats, and the roof structure are frequently used to categorise automotive body designs. Roofs on automobiles are traditionally supported by pillars on each side of the body.
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Software is being developed in 8-hour shifts in which country?
A.Canada
B. Mexico
C.India
D.Germany
Answers
Advise business on the role of intermediaries in the distribution process.
Answers
Here are some key advantages of intermediaries:
Market Reach
Efficiency and Expertise
Cost Savings
Market Information
Risk Management
Intermediaries play a crucial role in the distribution process of a business. They act as a link between producers and consumers, facilitating the movement of goods and services from the point of production to the point of consumption. Here are some key advantages of intermediaries:
Market Reach: Intermediaries, such as wholesalers, retailers, and distributors, have established networks and access to a wide customer base. They can help businesses reach a larger market and expand their customer reach.
Efficiency and Expertise: Intermediaries specialize in distribution activities, including logistics, warehousing, transportation, and marketing. They possess knowledge and expertise in these areas, allowing businesses to benefit from their efficiency and experience.
Cost Savings: By utilizing intermediaries, businesses can reduce their own costs associated with storage, transportation, and marketing. Intermediaries often benefit from economies of scale, allowing them to provide cost-effective solutions.
Market Information: Intermediaries are in direct contact with customers and have valuable insights into market trends, consumer preferences, and competitor activities. They can provide businesses with market intelligence that helps in strategic decision-making.
Risk Management: Intermediaries can help businesses mitigate risks associated with distribution, such as inventory management, payment collection, and product returns. They assume some of the risks and provide financial and logistical support.
However, businesses should carefully select and manage their intermediaries to ensure alignment with their objectives and maintain control over their brand and customer relationships. Regular evaluation and communication with intermediaries are essential to optimize the distribution process and achieve business goals.
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If the government wanted to enact a policy to increase living standards in the country, it should
Answers
to ensure that job opportunities reach all corners of the country and check the living standards of the citizens