A large share of the world supply of diamonds comes from Russia and South Africa. Suppose that the marginal cost of mining diamonds is constant at $1,000 per diamond and the demand for diamonds is described by the following schedule.
Price Output
$8,000 5,000
$7,000 6,000
$6,000 7,000
$5,000 8,000
$4,000 9,000
$3,000 10,000
$2,000 11,000
$1,000 12,000
A. If there were many suppliers of diamonds, what would be the price and quantity?
B. If there were only one supplier of diamonds, what would be the price and quantity?
C. If Russia and South Africa formed a cartel and split output evenly, what would be the price and output produced by South Africa? (Assume cartel agreement is respected.)
D. In part C, what would happen to South Africa's profit if it increased its production by 1,000 while Russia stuck to the cartel agreement?

Express Scripts implemented an innovative solution to ensure patient adherence to medication regimens by introducing beeping medicine bottle caps.

a. Radical decentralization is a practice of allowing employees to make their own decisions in the workplace, without having to consult or go through a manager. By eliminating managers, Zappos has adopted this practice and created a holocracy, which places the decisions of how work is done and how customers are served in the hands of the employees.

b. Express Scripts has implemented a system of beeping medicine bottle caps to remind patients when it is time to take their next dose of medication. This use of Big Data Analytics helps to ensure patients are taking the correct dosage at the correct time and helps to improve medication adherence.

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The fine for a conviction of DUI is not less than $500 or more than $2,000, and it can be affected by whether or not it is a first-time or second-time conviction. The correct answer is a.

This act is unlawful and may lead to fines, suspension of a driver's license, or imprisonment.The following points outline the differences in fines between first and second convictions:First ConvictionIn the case of a first-time DUI conviction, the guilty party may be required to pay a fine of not less than $500 and no more than $2,000. In addition to the fine, the driver's license may be suspended for 90 to 365 days.

Community service may also be a requirement, with the offender needing to serve no less than 48 hours and no more than 100 hours. The driver may be required to complete a drug or alcohol education or treatment program.Second ConvictionIn the case of a second-time DUI conviction, the guilty party may be required to pay a fine of not less than $500 and no more than $4,000.

The driver's license may be suspended for 180 days to 2 years. The driver may be required to serve a sentence of up to one year in jail, and they will need to complete 80 to 200 hours of community service. Finally, the driver will be required to complete a drug or alcohol education or treatment program to regain their driving privileges. The correct answer is not mentioned.

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Big shoppin stores are inside a large complex and it is not possible to have so many employees to look over each and every counter in the complex individually . So owners have to find something by which they could look over a large place at once and in this way the mampower required would also be less. So, to attain this need ,they use convex mirrors to watch the activities of the customers . Convex mirror is used as it has a large field of view , hence it allow the shopkeeper to track all the activities inside the store at once and for all.

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To calculate the Cost of Goods Sold (COGS) for the fiscal year under the LIFO, FIFO, and Average Cost inventory valuation methods, we need to consider the inventory purchases and the number of units sold.

Given:

Beginning inventory cost per unit: $21

Inventory purchases in the last year:

- Date 1: 200 units at $23 per unit

- Date 2: 400 units at $25 per unit

- Date 3: 500 units at $28 per unit

Number of units sold in the fiscal year: 300

1. LIFO Calculation:

Under the LIFO (Last-In, First-Out) method, the cost of the most recent inventory purchases is matched with the units sold first.

LIFO assumes that the most recent inventory is sold first, so the cost of the last purchase is used first.

COGS = Number of units sold * Cost of the most recent inventory purchase

COGS = 300 units * $28 per unit (the cost of the last purchase)

COGS = $8,400

2. FIFO Calculation:

Under the FIFO (First-In, First-Out) method, the cost of the earliest inventory purchases is matched with the units sold first.

FIFO assumes that the earliest inventory is sold first, so the cost of the first purchase is used first.

COGS = Number of units sold * Cost of the first inventory purchase

COGS = 300 units * $23 per unit (the cost of the first purchase)

COGS = $6,900

3. Average Cost Calculation:

Under the Average Cost method, the cost of all inventory purchases is averaged and used to determine the cost per unit.

Total cost of inventory purchases = (200 units * $23 per unit) + (400 units * $25 per unit) + (500 units * $28 per unit)

Total cost of inventory purchases = $4,600 + $10,000 + $14,000

Total cost of inventory purchases = $28,600

Average cost per unit = Total cost of inventory purchases / Total number of units purchased

Average cost per unit = $28,600 / (200 units + 400 units + 500 units)

Average cost per unit = $28,600 / 1,100 units

Average cost per unit ≈ $26

COGS = Number of units sold * Average cost per unit

COGS = 300 units * $26 per unit

COGS = $7,800

If the company wants to have a higher balance in the Inventory Account on the Balance Sheet, it should use the LIFO method. LIFO assumes that the most recent inventory is sold first, which means the older inventory remains in the inventory account at the lower cost, thereby keeping the value of the remaining inventory higher on the balance sheet.

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Answer:

1.As consumers, we take for granted that when we go to a supermarket the shelves will be filled with the products we want; when we are thirsty there will be a Coke machine or bar around the corner, and we count on being able to get online and find any product available for purchase and quick delivery. Of course, if we give it some thought, we realize that this magic is not a given and that hundreds of thousands of people plan, organize, and labor long hours to make this convenience available. It has not always been this way, and it is still not this way in many other parts of the world.

Looking back over time, the channel structure in primitive culture was virtually nonexistent. The family or tribal group was almost entirely self-sufficient. The group was composed of individuals who were both communal producers and consumers of whatever goods and services could be made available. As economies evolved, people began to specialize in some aspect of economic activity. They engaged in farming, hunting, or fishing, or some other basic craft. Eventually this specialized skill produced excess products, which they exchanged or traded for needed goods that had been produced by others. This exchange process or barter marked the beginning of formal channels of distribution. These early channels involved a series of exchanges between two parties who were producers of one product and consumers of the other.

If a country is producing at point where an increase in the production of one good requires a reduction in the production of another good, then it must be producing at an Production efficiency.

Production efficiency is known to be Defined as a term that connote  the final or maximum capacity level where a company can no longer manufacture more of a good without reducing the production of another.

Therefore, based on the above, If a country is producing at point where an increase in the production of one good requires a reduction in the production of another good, then it must be producing at an Production efficiency.

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Answer: sexual aids

Explanation:

a. Safety - Businesses can prevent and control risks related to safety by implementing safety protocols and guidelines, providing adequate training to employees, regularly inspecting equipment and facilities, and promptly addressing any safety concerns.

b. Security - Businesses can prevent and control risks related to security by implementing access control measures, using security cameras and alarms, regularly reviewing and updating their security policies, and training employees on how to identify and respond to security threats.

c. Employee incompetence - Businesses can prevent and control risks related to employee incompetence by providing thorough training and development programs, setting clear performance expectations, and regularly monitoring employee performance and providing feedback.

d. Product selection - Businesses can prevent and control risks related to product selection by conducting thorough research on products, identifying potential risks and liabilities associated with them, and regularly reviewing and updating their product selection policies.

e. Credit - Businesses can prevent and control risks related to credit by establishing credit policies and procedures, conducting credit checks on customers, setting credit limits, and regularly monitoring accounts receivable.

f. Changes - Businesses can prevent and control risks related to changes by conducting thorough risk assessments before implementing any changes, communicating changes to stakeholders, establishing contingency plans, and regularly reviewing and updating their change management policies.

g. Weather extremes - Businesses can prevent and control risks related to weather extremes by implementing weather emergency protocols, regularly monitoring weather forecasts, having emergency supplies on hand, and regularly reviewing and updating their weather emergency plans.

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Preventing and controlling risk in business involves implementing various strategies for different aspects such as safety, security, employee competence, product selection, credit, changes, and weather extremes.

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Answer:

Wang wants to purchase a new computer from Best Buy. After he purchases the computer, the local Best Buy store notifies the buyer at corporate headquarters through the

Explanation:

The given statement is False as they have a vested interest in the project's outcome and can be affected by its implementation.

Stakeholders are individuals, groups, or organizations that have a direct or indirect interest in a project or its outcomes. They can include various parties such as employees, customers, suppliers, shareholders, local communities, government agencies, and even opponents or critics of the project.

Opponents of a project are individuals or groups who express opposition, concerns, or disagreement with the project's goals, objectives, or potential impacts. They may have different perspectives, conflicting interests, or perceive potential negative consequences associated with the project.

While stakeholders typically encompass a broad range of individuals and groups, including those who support or are directly involved in the project, opponents are also recognized as stakeholders. Their viewpoints and concerns need to be considered and addressed to ensure effective stakeholder management and project success.

Engaging with opponents and understanding their perspectives can provide valuable insights, help identify potential risks or issues, and enable project managers to develop strategies to mitigate concerns, improve project outcomes, or address any negative impacts.

Recognizing opponents as stakeholders fosters transparency, inclusivity, and effective communication, which can contribute to better decision-making and project outcomes.

Therefore, opponents of a project do belong to the category of stakeholders, although they may have divergent interests or perspectives compared to other stakeholders.

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Expected return from an asset would be (C) 18.75%

To calculate the expected return from an asset using the given figures, we need to multiply each return by its respective probability and then sum up the results.
Expected Return = (Return1 × Probability1) + (Return2 × Probability2) + (Return3 × Probability3)
Using the provided figures:
Expected Return = (0.1 × 0.25) + (0.2 × 0.5) + (0.25 × 0.25)
Expected Return = (0.025) + (0.1) + (0.0625)
Expected Return = 0.1875 or 18.75%
So, the correct answer is C) 18.75%.

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The terms volatility and risk are related in an investment because a volatile investment is more risky. The Option B is correct.

Basically, the term volatility describes when a market or security experiences periods of unpredictable and sometimes sharp, price movements. Most People often think of volatility only when prices fall, however volatility can also refer to sudden price rises too.

Most of the Increased market volatility are caused by economic or policy factors including changes in other markets, interest rate hikes, and the Fed's current monetary policy. A political instability can also lead to market volatility.

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I Think its answer C: Fixed and Variable rates

Answer:

You can add the Copyright symbol. And write a notice below your work saying that if a person has to copy or copy-and-change your work, they should contact you or something. Make sure you leave you email [If you wanna.] And if you see your work any where else, just report the person or talk it out with them.

Explanation:

Total Liabilities and Owner's Equity is $366,499 at Owner's Equity as of September 30, 20X1 $194,000.

To prepare the statement of owner's equity, we need to take into account the initial capital investment and any changes to that capital during the month of September. The statement of owner's equity can be prepared as follows:

Statement of Owner's Equity for September 20X1

Helen Rojas, Capital, September 1, 20X1 $132,400

Add: Net Income for September (Fees Income - Advertising expense - Salaries expense - Telephone expense) $64,800

Less: Withdrawals $3,200

Total Owner's Equity as of September 30, 20X1 $194,000

To prepare the balance sheet, we need to list the assets, liabilities, and owner's equity as of September 30, 20X1. The balance sheet can be prepared as follows:

Balance Sheet as of September 30, 20X1

Assets

Cash $186,800

Accounts receivable $16,000

Office supplies $13,600

Office equipment $150,099

Total Assets $366,499

Liabilities

Accounts payable $64,000

Total Liabilities $64,000

Owner's Equity

Helen Rojas, Capital $194,000

Total Liabilities and Owner's Equity $366,499

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The amount of money you may earn over time is called Future Earnings Potential. Amount that you might make in your lifetime. Demographics. Individual traits like age, gender, race, income, and so forth.

What is Future Earnings Potential?

Earning potential is the anticipated increase in total return that an investor might anticipate from holding an investment (capital gains plus dividends and cash flows). Ratio analysis is a tool used by fundamental analysts to estimate a company's earning potential for investors.

Total future values of your contracts less your compensation, the payroll of the company, and other fixed costs. Your projected future business income is represented by the resulting number.

Let's start with the definition of your earning potential (income potential): this is the sum of money you should be able to accumulate over the course of a certain period of time. In other words, this is a reference to your potential for financial gain. Earning potentials are often determined by the highest wage in a given industry or profession.

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The viability factor that  involves the potential funding of a business opportunity is value creating.

Value creating can be defined as the process of turning something into what will meet the needs of people or turning resources into something valuable that will benefit people.

Value creation is essential for companies as it enables them to earn or generate more profit or revenue.

Therefore the viability factor that  involves the potential funding of a business opportunity is value creating.

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Answer:

c.

Explanation:

Answer:

i think its c) to

Explanation:

To ensure the success of an employee program that was developed and implemented that encompassed motivation and empowerment, the committee could take the following steps:

1. Set clear and achievable goals and objectives: To ensure the success of the employee program, the committee should set clear and achievable goals and objectives that align with the organization's vision, mission, and values. These goals and objectives should be specific, measurable, achievable, relevant, and time-bound.

2. Involve employees in the program development and implementation: Employees should be involved in the program development and implementation process. They should be given an opportunity to provide feedback on the program, offer suggestions, and make recommendations. This will help to create a sense of ownership and commitment towards the program.

3. Provide adequate resources: The committee should ensure that the necessary resources, including funds, technology, and equipment, are available to implement the program successfully.

4. Communicate effectively: The committee should communicate the program's purpose, goals, and objectives clearly to all employees. This will help employees understand the program's importance and how it will benefit them.

5. Provide necessary training and development: The committee should provide necessary training and development to employees to ensure they have the skills and knowledge required to participate in the program successfully.

6. Monitor and evaluate the program: The committee should regularly monitor and evaluate the program to ensure it is achieving its goals and objectives. This will help identify areas that need improvement and allow for adjustments to be made as necessary.

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Answer:

1.Purchases (Dr.) $20,000

Accounts Payable (Cr.) $20,000

2.Shipping cost (Dr.) $150

Cash (Cr.) $150

3.Purchase return (Dr.) $2,000

Purchases (Cr.) $2,000

4.Account Receivable (Dr.) $500

Sales (Cr.) $500

5.Freight expense (Dr.) $20

Cash (Cr.) $20

Explanation:

The journal entry at the time of purchase will be recorded as accounts payable for complete invoice amount and discount is not incorporated in the entry because it is not realized. The adjusting entry will be recorded when the discount is availed to adjust the transaction and reflect the discount effect in the book of accounts.

The correct order of the eye layers from the outermost to the innermost layer is: d: Fibrous tunic c: Vascular tunic a: Neural tunic

The fibrous tunic is the outermost layer of the eye and consists of two parts: the sclera (white of the eye) and the cornea (transparent front part of the eye).The vascular tunic, also known as the uvea, is the middle layer of the eye. It includes the choroid, ciliary body, and iris. The choroid provides blood supply to the eye, the ciliary body helps with accommodation (adjusting the focus of the lens), and the iris controls the size of the pupil.The neural tunic, also known as the retina, is the innermost layer of the eye. It contains specialized cells called photoreceptors that detect light and convert it into electrical signals, which are then transmitted to the brain for visual processing.The term "fatty tunic" is not a recognized layer of the eye and is not part of the correct order of eye layers.

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The per-unit tax has generated total tax revenue of D. $10 million.

The deadweight loss created by the per-unit tax is equal to the area D. ABL.

The tax generated is:

= 5 x 2 burden on producers and consumers

= $ 10 million

Deadweight loss refers to the loss of economic efficiency that occurs when the equilibrium of a market is not Pareto optimal.

The deadweight loss is the area of ABL, This is because Deadweight loss can be calculated as the area between the supply and demand curves from the socially efficient level of production to the new equilibrium.

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The types of products have an energy-efficiency rating (EER) are:

The EER is the cooling capacity (in British thermal units (Btu) per hour) divided by the power input (in watts).

Without energy monitoring, the customer will be unable to identify inefficiencies in their company or home and efficiently correct the issue.

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Answer:

1Air conditioners, heat pumps, furnaces, and boilers

2 Having the estimated cost allows a consumer to make intelligent cost comparisons over time with different models of a product.

Explanation:

trust me

On a graph, the point where the supply curve (S) and the demand curve (D) intersect is the equilibrium. ... At any other price, the quantity demanded does not equal the quantity supplied, so the market is not in equilibrium at that price.

Answer:

It is found where the supply curve meets the demand curve

Explanation:

just took the test

False. Using a product once is not a reliable indicator of product/market fit. Product/market fit is the degree to which a product satisfies a strong market demand. It is a complex and ongoing process of understanding the needs, preferences, and behaviors of customers and adjusting the product accordingly.

Using a product once may give some feedback, but it is not enough to determine product/market fit. Customers may use a product once and never come back, or they may use it several times and still not be satisfied with it. Furthermore, there may be external factors that influence a customer's decision to use a product once, such as price promotions or social pressure.

To truly assess product/market fit, companies need to engage in ongoing customer research and testing, gather feedback from multiple sources, and make continuous improvements to the product. This includes listening to customer feedback, monitoring customer behavior, and conducting market research to identify new trends and opportunities.

In conclusion, using a product once is not a reliable indicator of product/market fit. Companies need to focus on a range of metrics and continuously improve their product to achieve strong product/market fit.

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Answer:

C. Partnership Agreement

Explanation:

It's the legal document that dictates the way a business is run and details the relationship between each partner.

Answer:

creating decorative floral arrangements for events

Answer:

Annual interest rate = 6%

Explanation:

Amount of loan = $25,000

The total amount repaid:

($7,000 × 3 years) + ($10,000 balloon payment)

= (7,000 × 3) + (10,000)

21,000 + 10,000 = $31,000

Interest on payment = repayed amount - loaned amoun

Interest on payment = 31,000 - 25,000 = $6,000

Let the total percentage on the loaned amount be x

Therefore we are looking for what percentage rate of the loaned amount ($25,000) will give the interest of $6,000

x % of 25,000 = 6,000

\(\frac{x}{100} \times\ 25,000 = 6,000\\\frac{25,000x}{100} = 6,000\\25,000x = 600,000\\x = \frac{600,000}{25,000}\\x = 24\)

Therefore the total percentage interest rate = 24%

Annual interest rate = Total interest rate ÷ number of years

Annual interest rate = 24 ÷ 4 = 6%

∴ Annual interest rate = 6%

The type of company that provides services by linking individuals to others with similar interests or to companies that sell certain products is known as a platform firm.

The correct option is C

These firms create a digital platform or marketplace that allows buyers and sellers to connect and engage in transactions. Platform firms earn revenue by charging fees or commissions for facilitating these transactions. Examples of platform firms include Uber, Airbnb, Amazon, and eBay. The rise of platform firms has disrupted traditional business models and transformed the way people engage in commerce. Platform firms have also created new opportunities for entrepreneurship and innovation, but have also raised concerns about privacy, regulation, and fairness in the digital economy.

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