assuming her income (m=m=200.00) increases by $100.00 and the price of a movie ticket is p1=p1= 2, by how many units does her consumption of movie tickets change?

Answers

Answer 1

Her usage of movie tickets will grow by 10% if her income rises by the same percentage. As a result, she will now want 150 movie tickets, which is 50 percent more than the 100 she originally requested.

We need to use the income elasticity of demand formula to determine the change in consumption of movie tickets. The formula is:

Income elasticity of demand = percentage change in quantity demanded / percentage change in income

To use this formula, we first need to find the initial quantity demanded of movie tickets. We can do this by dividing the income by the price of a movie ticket:

Initial quantity demanded = m / p1
= 200 / 2
= 100

Now, if her income increases by $100, her new income would be:

New income = m + $100
= $200 + $100
= $300

Using the same formula, we can find the new quantity demanded of movie tickets:

New quantity demanded = new income / p1
= $300 / 2
= 150

To find the change in quantity demanded, we need to calculate the percentage change in quantity demanded and the percentage change in income:

Percentage change in quantity demanded = (new quantity demanded - initial quantity demanded) / initial quantity demanded x 100
= (150 - 100) / 100 x 100
= 50%

Percentage change in income = (new income - initial income) / initial income x 100
= ($300 - $200) / $200 x 100
= 50%

Finally, we can use the income elasticity of demand formula to find the change in consumption of movie tickets:

Income elasticity of demand = percentage change in quantity demanded / percentage change in income
= 50% / 50%
= 1

Assuming her income increases by $100 and the price of a movie ticket is $2, her consumption of movie tickets will increase by 50%. This is because her income elasticity of demand for movie tickets is 1, which means that her consumption of movie tickets changes proportionally with changes in income. In other words, if her income increases by 10%, her consumption of movie tickets will also increase by 10%. Therefore, her new quantity demanded of movie tickets will be 150, which is 50% higher than her initial quantity demanded of 100.

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Related Questions

If 1m people are unemployed and the potential labour force is 30m, what is the unemployment rate

Answers

Answer:

total labour= 40m

unemployement rate= 1000000/40000000*100%= 2.5%

Explanation:

Which is true about executive departments?

There were 15 executive departments in the Federalist era.

Many departments have offices across the United States.

There are no military personnel in any executive department.

All departments were created before the twenty-first century.

Answers

The statement "Many departments have offices across the United States" is true about executive departments.

Executive departments in the United States often have offices and branches located throughout the country. This is done to ensure effective implementation of government policies, programs, and services at various regional and local levels.

These offices provide support and assistance to citizens, businesses, and communities in different locations, allowing for better accessibility and coordination of departmental activities. The distributed presence of executive department offices helps facilitate communication, engagement, and the delivery of services to a broader population across the United States.

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Answer:  Many departments have offices across the United States.

Explanation: gradpoint

When a buyer purchases a property that has an existing mortgage loan, the buyer does not add his or her signature to the note, meaning the buyer does not take on any personal liability. In this case, the buyer is said to:

Answers

When a buyer purchases a property that already has an existing mortgage loan, the buyer is essentially taking on the responsibility of paying off the remaining balance on the loan. However, the buyer does not need to add their signature to the note, which means that they do not take on any personal liability for the debt. This scenario is known as an assumption.

An assumption is a process where the buyer takes over the existing mortgage loan of the seller, without the need to obtain a new loan. This process can occur in various situations, such as when the seller wants to sell their property but still has an outstanding mortgage on it. In this case, the buyer can assume the mortgage and take over the payments, which helps to simplify the buying process.

Assuming a mortgage can be beneficial for both the buyer and the seller. For the buyer, they do not have to go through the lengthy process of obtaining a new mortgage, which can be time-consuming and stressful. Additionally, the terms of the existing mortgage loan may be more favorable than what the buyer could obtain on a new loan.

For the seller, an assumption can make their property more attractive to potential buyers, as it can make the buying process smoother and quicker. Additionally, if the seller has a low-interest rate on their mortgage, the buyer can assume that rate, which could make the property more desirable.

In conclusion, when a buyer purchases a property with an existing mortgage loan and does not add their signature to the note, they are said to have assumed the mortgage. This process can be beneficial for both the buyer and the seller, as it can simplify the buying process and provide favorable loan terms.

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THIS IS FOR ECON!!
Which of the following is a benefit of using financial investment to raise financial capital? (1 point)
OIt is accessible to start-ups.
OIt is the most straightforward approach.
O There is an impact on the ownership of the firm.
There is added pressure for the business to succeed.

Answers

Answer:

It is accessible to start-ups.

Explanation:

took the test

One of the benefits of financial investment to financial capital is that it is accessible to start-ups (the first option).

What is financial capital?

Financial capital is described as a form of funding that allows the building of assets, or wealth, for businesses or individuals. It is important to mention that financial capital includes credit and money, which are used to purchase materials, assets, or equipment.

Financial investments include the different forms of financing options available for a business or a start-up. The different types of funding options available for a startup include debt financing, equity financing, and grants. The major benefit is that all these sorts of financial investments are available for a start-up to grow.

It can be concluded that one of the benefits of financial investment to financial capital is that it is accessible to start-ups (the first option).

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what life? and how are you

Answers

Answer:

life is evrthing on earth that is living or requires certain things to live and If you want a lie im awsome.

An amount of cash kept on hand and used for making small payments is called a. revenue. b. cash. c. petty cash. d. prepaid interest. e. none of these answers.

Answers

Petty cash is an amount of cash that is kept on hand and used for making small payments. The correct option is c). petty cash

This amount is typically managed by an individual or department within an organization, and it is used to cover expenses such as office supplies, postage, and other minor expenses that do not require a check or electronic payment.

The purpose of petty cash is to reduce the need for employees to submit reimbursement requests for small expenses, which can be time-consuming and expensive for the company to process.

By having a small amount of cash readily available, employees can quickly and easily make these small payments without having to go through the formal reimbursement process.

To manage petty cash, a company will typically establish a petty cash fund, which is a separate account or envelope that is used exclusively for this purpose. The fund is then replenished on a regular basis, typically weekly or monthly, based on the actual expenses that were incurred during that period.

In conclusion, petty cash is an essential tool for managing small expenses in a business setting. By having a dedicated fund for these expenses, companies can streamline their reimbursement process and improve efficiency while also ensuring that employees have the resources they need to complete their work. The correct option is c). petty cash

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you own a portfolio that has a total value of $135,000 and a beta of 1.29. you have another $52,000 to invest and you would like the beta of your portfolio to decrease to 1.17. what does the beta of the new investment have to be in order to accomplish this?

Answers

A total value of $135,000 and a beta of 1.29. you have another $52,000 to invest and you would like the beta new investment of your portfolio to decrease to 1.17. The answer is BB =0.9147=beta of new investment

$130,000 invested overall plus $49,000 equals $179,000. Making use of Portfolio beta(ßp) = WA x BA + WB X BB.

Where WB is the weight of the second investment, BB is the beta coefficient of the second investment, WA is the weight of the first investment, and BA is the beta coefficient of the first investment; nevertheless, the weight of the investment is the stock value/total investment multiplied by 100.

WA= 130,000/ 179,000X 100=72.63%

WB= 49,000/179,000 X100=27.374%

1.18-(72.63%1.28)+(27.374% XBB) 1.18-0.9296+0.27374BB

BB =(118-0.9298)/0.27374

Portfolio beta (Bp) is equal to W x BA + WB X BB.

BB =0.9147=beta of new investment.

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When the Fed lowers the federal funds rate, which of the following economic variables responds most rapidly? O A. consumption expenditure B. the inflation rate ° C. the supply of loanable funds O D· the long-term real interest rate O E, other short-term interest rates

Answers

E. other short-term interest rates This is because the federal funds rate directly influences the interest rates that banks charge each other for short-term borrowing.

When the Federal Reserve lowers the federal funds rate, other short-term interest rates tend to respond most rapidly. This is because the federal funds rate directly influences the interest rates that banks charge each other for short-term borrowing. When the federal funds rate is lowered, banks can obtain funds at a lower cost, leading to a downward pressure on other short-term interest rates.

The federal funds rate is the interest rate at which banks lend reserve balances to each other overnight. When the Federal Reserve lowers this rate, it becomes cheaper for banks to borrow from one another. As a result, other short-term interest rates, such as those on consumer loans, credit cards, and short-term corporate debt, tend to decline. These rates are directly affected by changes in the federal funds rate because banks pass on the cost savings to their customers. This can stimulate borrowing and investment, as it reduces the cost of financing for individuals and businesses, and thus encourages economic activity.

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The website leftyslefthand. Com markets products to​ left-handed consumers only. Which targeting strategy does this​ represent?.

Answers

The website leftyslefthand. Com markets products to​ left-handed consumers only Concentrated marketing targeting strategy does this​ represent.

An individual or group that does not directly engage in entrepreneurial or business operations but who intends to order or uses purchased items, products, or services primarily for personal, social, family, or household needs is referred to as a consumers. A consumers purchases goods or services primarily for personal use in an economy rather than for resale or other business objectives. Customers make a financial (or comparable) payment for goods or services. Marketing is the process of identifying, producing, and providing value to satisfy a target market's wants for goods and services. Marketing is normally carried out by the seller, who is usually a retailer or manufacturer. A specialized marketing company or advertising agency may be hired on occasion to complete responsibilities.

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As the CEO of your company, you can use only the planning and controlling functions to reach your organizational goals.
Select one:
O True
O False

Answers

Answer: False

Explanation:

CEOs are top management and top management use all five functions of management to ensure that the company reaches its goals and objectives.

The CEO has to use planning to to decide what long term strategies the company will use to achieve its goals. They have to use controlling to evaluate and improve the methods the company is taking to achieve its long term goals.

They also have to use staffing to hire the best top level and middle level talents that can push the company forward. As management they have to use leading to get the employees inspired to move the company forward and finally they will use organizing to put the various processes in the company together to ensure that the company's goals are met.

Which statement is FALSE?
A. Market supply schedules include all firms that sell a product in one market.

B. Individual supply schedules show the amount that one firm is willing to supply at a variety of prices.

C. Supply curves move up and to the right.

D. Supply schedules take a variety of factors into account and assume that nothing stays the same.

Answers

The statement that is false among the given statements is that the supply schedules take a variety of factors into account and assume that nothing stays the same.

What is the supply schedule?

A supply schedule is defined as the combinations of all the possible supplies, it is the graphical representation of the supply quantities and the quantities.

The supply schedules consider a number of factors and assume that commodity prices would remain stable. Individual supply schedules demonstrate how much a single company is willing to supply at various rates.

All enterprises that sell a product in one market are included in market supply schedules.

Therefore, option D is correct.

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a call option with 6 months to expiration currently sells for $2.05. a put option with the same expiration sells for $.60. the options are european style. the risk-free rate is 3.0% and the strike price of both options is $50. what is the current stock price? multiple choice $47.89 $52.08 $49.19 $51.29 $50.72

Answers

A call option with 6 months to expiration currently sells for $2.05. A put option with the same expiration sells for $0.60. The options are European style. The risk-free rate is 3.0 percent and the strike price of both options is $50.

Stock price = $2.05 - $0.60 + $50 / (1 + 0.03)^(6 / 12) = $50.72

The risk-free rate of return are mostly shortened to the risk-free rate, is the rate of return of a hypothetical investment with scheduled payments over a fixed period of time that is assumed to meet all payment obligations.

How do you calculate risk-free rate?

Risk Free Rate Formula: Real vs. Nominal

Real Rf Rate = (1 + Nominal Rf Rate) / (1 + Inflation Rate)Nominal Rf Rate = (1 + Real Rf Rate) * (1 + Inflation Rate) – 1.Equity Risk Premium (ERP) = Expected Market Return – rf Rate.

What is an example of a risk-free rate?

United States Treasuries are a good example of a risk-free investment since the government cannot default on its debt. As such, the interest rate on a three month United States Treasury bill is often used as a stand in for the short term risk-free rate, since it has almost no risk of default.

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Which is worth more $1 NOW or $1 a year from now? Please explain your answer.

Answers

:$1 now is worth more than $1 a year from now.

The reason $1 now is worth more than $1 a year from now is due to the concepts of inflation, opportunity cost, and uncertainty.

Inflation erodes the purchasing power of money over time, meaning that the same amount of money will buy fewer goods and services in the future. Therefore, $1 now can typically buy more than $1 a year from now due to the effects of inflation.

Additionally, by having $1 now, there is an opportunity to invest or earn interest on that money. By investing or saving the $1, it has the potential to grow over time. However, if you receive $1 a year from now, you miss out on the opportunity to earn interest or returns during that year.

Furthermore, there is uncertainty associated with receiving money in the future. Future circumstances can change, and there is always a risk that you may not receive the expected $1 a year from now. Having the money in hand now provides more certainty and immediate utility.

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According to the economist magazine, the price of a Big Mac in the euro area was 4.65euros in June of this year. the price of a big mac in the US was $5.15, and the nominal exchange rate was .95euros per $. If an American converted %5.15 into euros at the nominal exchange rate, how many euros would she have?

would she be able to buy a Big Mac in the euro area with that many euros?

given your answers to the previous two questions, where was the dollar buying more big macs (and presumably other goods) last June: in the US or the euro area?

Answers

If an American converted $5.15 into euros at the nominal exchange rate, she would have €4.89.

Yes, she can buy a Big Mac in the euro area with that many euros.

The dollar is buying fewer Big Macs (and presumably other goods) in the US compared to the euro area.

4. The dollar is buying more Big Macs (and presumably other goods) in the euro area than in the US.

According to the Economist magazine, the price of a Big Mac in the euro area was €4.65 in June of this year. The price of a Big Mac in the US was $5.15, and the nominal exchange rate was 0.95 euros per $.If an American converted $5.15 into euros at the nominal exchange rate, she would have €4.89. She can buy a Big Mac in the euro area with that many euros.

In the US, the dollar is buying fewer Big Macs (and presumably other goods) than in the euro area. This is because the price of a Big Mac in the US is $5.15, while the price of a Big Mac in the euro area is €4.65. Since the nominal exchange rate was 0.95 euros per $, one dollar is equivalent to 0.95 euros, which means that the price of a Big Mac in the US is €4.89.

Since the price of a Big Mac in the euro area is lower than in the US, the dollar is buying more Big Macs in the euro area than in the US.

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Select the correct answer.
Why are borrowing and lending money important in the United States?
A.
They ensure that people and businesses can buy what they need.
B.
They ensure that money is distributed equally and fairly to all.
C.
They ensure that the government's financial regulations are followed.
D.
They ensure that the nation can avoid an economic recession.

Answers

Answer:

A.

They ensure that people and businesses can buy what they need.

Explanation:

Borrowing involves requesting and receiving a huge sum of money in a lump sum. Households and firms borrow from lenders to finance business expansion or domestic consumption.

In the economy, borrowing is significant as it facilitates the acquisition of start-up capital, capital goods, and household developments. Without borrowing and lending, these investments and consumption would not be possible as they require large sums of money to initialize. If firms and households depended on savings for capital and consumption expenditure, the rate of economic growth would be very slow. It would take many years to achieve the substantial amount needed for expansion and development projects.

Answer:

A. They ensure that people and businesses can buy what they need.

Hope this helps!

Explanation:

Select the correct answer.Why are borrowing and lending money important in the United States?A. They

According to fiedler’s contingency theory of leadership, leader behaviors are to change, and leaders perform best in intermediately favorable situations. True or false?.

Answers

According to fielder's contingency theory of leadership, leader behaviors are to change, and leaders perform best in intermediately favorable situations. False

What is fielder's contingency theory of leadership?

According to Fiedler's Contingency Theory, a leader must adapt their style of leadership to the circumstances at hand in order to be successful. This model will help you discover your own leadership style, evaluate the scenario that calls for leadership, and decide if you are the best candidate.

What is the importance of Fiedler's contingency theory and path goal leadership?

According to Fiedler's Contingency Theory, a leader's capacity to exert effective control over a circumstance is just as important as the style they employ. Strong leader-member relationships are essential for success. Additionally, task presentations must be made by leaders with goals and methods stated.

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Dmitri lives in Detroit and operates a small company selling drones. On average, he receives $702,000 per year from selling drones. Out of this revenue from sales, he must pay the manufacturer a wholesale cost of $402,000. He also pays several utility companies, as well as his employees wages totaling $279,000. He owns the building that houses his storefront; if he choose to rent it out, he would receive a yearly amount of $8,000 in rent. Assume there is no depreciation in the value of his property over the year. Further, if Dmitri does not operate the drone business, he can work as a programmer and earn a yearly salary of $20,000 with no additional monetary costs, and rent out his storefront at the $8,000 per year rate. There are no other costs faced by Dmitri in running this drone company

Answers

Dmitri's economic profit from operating the drone business is $13,000 per year. In the given scenario, Dmitri's economic profit is positive, indicating that his drone business is generating additional income beyond what he could earn in alternative employment.

Total Revenue: $702,000

Explicit Costs:

  - Wholesale cost: $402,000

  - Utility expenses + wages: $279,000

Opportunity Costs:

  - Foregone rental income: $8,000

  - Foregone salary as a programmer: $20,000

Calculating the economic profit:

Total Revenue - (Explicit Costs + Opportunity Costs)

$702,000 - ($402,000 + $279,000 + $8,000 + $20,000) = $13,000

Therefore, Dmitri's economic profit from operating the drone business is $13,000 per year.

This suggests that operating the business is a profitable venture for Dmitri. However, it's important to note that economic profit does not consider all costs, such as the cost of capital and the owner's labor. Additionally, this analysis assumes that the rental income and salary as a programmer are the only feasible alternative uses for Dmitri's resources. Evaluating the long-term sustainability and profitability of the drone business would require considering factors such as market competition, future demand for drones, and potential changes in costs and revenues.

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You are the rooms division director at a large city-center hotel. Your GM is concerned that room revenue is down and asks you to create a plan to increase room revenue over the next 90 days. What are the first three things you would do to complete this request?

Answers

As a rooms division director who is asks to create a plan to increase room revenue over the next 90 days. The first three things you would do to complete this request are:

Conduct a Market Analysis: Analyze the current market trends, customer preferences, and competitor pricing. This will help in understanding the target market, identify gaps and opportunities to increase room revenue.Optimize Room Inventory Management: Implement dynamic pricing strategies, ensuring that room rates are in line with market conditions and seasonal demand. Make use of technology to optimize booking channels and minimize overbooking or under-booking.Enhance Customer Experience: Focus on delivering exceptional customer service, invest in training and development of employees, and create a memorable experience for guests.

What is the role of rooms division director?

The Rooms Division Manager/Director of Rooms is in charge of all departments within the Rooms division. Front Office, Concierge and Bell Services, Executive Floor, Housekeeping, Facilities, and Security are among these departments.

The Director of Rooms/Rooms Division Manager is a member of the hotel's senior management team. He or she is responsible for developing and reviewing business plans and strategies, key performance indicators, and manpower planning in this role.

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Nexus Corporation uses a predetermined overhead rate based on direct labor cost to apply manufacturing overhead to jobs. Last year, the company's estimated manufacturing overhead was $1,200,000 and its estimated level of activity was 50,000 direct labor-hours. The company's direct labor wage rate is $12 per hour. Actual manufacturing overhead amounted to $1,240,000, with actual direct labor cost of $650,000. For the year, manufacturing overhead was:

Answers

Answer:

$60,000

Explanation:

Calculation for what manufacturing overhead was:

First step is to calculate the Predetermined overhead rate

Estimated total manufacturing overhead $1,200,000

÷ Estimated total direct labor-hours 50,000

direct labor-hours

Predetermined overhead rate=$24.00per direct labor-hour($1,200,000÷50,000)

Second step is to calculate Actual direct labor-hours

Actual direct labor-hours = $650,000 ÷ $12.00 per direct labor-hour

Actual direct labor-hours = 54,166.67 direct labor-hours

Now let calculate Manufacturing overhead

Manufacturing overhead applied$1,300,000

(54,166.67*$24.00)

Less Manufacturing overhead incurred(1,240,000)

Manufacturing overhead $60,000 Overapplied

Therefore manufacturing overhead was:$60,000

How does "FOMO" impact one's ability to save money for short- or long-term goals?

Answers

Answer:

FOMO makes you want and do what others have meaning you will make decisions based of that.

What is one way a consumer might impact the conservation of species and their habitats?

Answers

A consumer might impact the conservation of species and their habitats by,

A. being educated about local and global conservation issues

B. buying sustainably produced products

C. using fewer resources

D. reducing carbon emissions

E. all of these answers

All of the above option is correct

What are Global conservation issues?

For the majority of scientists, conservation issues are a growing concern. Many species are in danger of going extinct as long as people continue to deplete the environment's resources. The preservation of wetlands, wildlife, and trees are all conservation-related challenges. The difficulties facing present conservation initiatives are overwhelming. Poverty, the absence of access rights associated with conservation obligations, and environmental degradation are three elements that pose a threat to conservation as well as stable economic and social progress.

The difficulties facing present conservation initiatives are overwhelming. Poverty, the absence of access rights associated with conservation obligations, and environmental degradation are three elements that pose a threat to conservation as well as stable economic and social progress.

Hence,  A consumer might impact the conservation of species and their habitats by,

A. being educated about local and global conservation issues

B. buying sustainably produced products

C. using fewer resources

D. reducing carbon emissions

E. all of these answers

All of the above option is correct

The complete question is, What is one way a consumer might impact the conservation of species and their habitats?

A. being educated about local and global conservation issues

B. buying sustainably produced products

C. using fewer resources

D. reducing carbon emissions

E. all of these answers

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Which level of the legal environment oversees intellectual property laws?Which level of the legal environment oversees intellectual property laws?

Answers

Answer:

Intellectual property means the rights to dispose of works, inventions and other results of the process of human creativity, research and thought. These are the various results of more or less original ideas, instructions and solutions. Due to its intangible nature, only what is considered appropriate by the company for protection by law can be considered intellectual property, so it should generally be the results of creation, research or other activities that are sufficiently unique or original. The value of intellectual property rights is usually less difficult to determine than for physical property, it depends mainly on the degree of their subsequent use and benefit for individuals or society and the ability to support further creations.

Wegmans Food Markets has delivered above average profit margins and has fostered below-average employee turnover rates in comparison to its supermarket industry rivals due to __

Answers

Wegmans Food Markets has achieved above-average profit margins and maintained below-average employee turnover rates compared to its supermarket industry rivals due to its exceptional commitment to employee satisfaction, customer service, and operational efficiency.

Wegmans invests heavily in employee training and development, creating a supportive work environment that fosters loyalty and long-term commitment. This results in a knowledgeable and dedicated workforce, which contributes to a higher level of customer satisfaction.

Additionally, Wegmans' focus on operational efficiency, through continuous improvement and technology adoption, helps maximize profits while providing competitive prices to customers. By prioritizing employee well-being and operational excellence, Wegmans has been able to differentiate itself from competitors and create a sustainable competitive advantage in the supermarket industry.

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office administration.Prepare for filling in order.

office administration.Prepare for filling in order.

Answers

This (office administration) simply means to arrange the above in alphabetical order like this;

An Apple SpotA1 TaxiDriveByFine Foods LtdFirst Caribbean BankMalcolm Stephens & SonsNorth Eastern Funeral AssociationPortsmouth Police StationSt. John's Primary School21 Century Printers.

What is office administration?

Within a company, office administration is a collection of day-to-day operations connected to the upkeep of an office building, financial planning, record keeping and billing, personal development, physical distribution, and logistics.

Finally, administrative abilities are connected to corporate operations and enhancing office productivity. Communication and organizational abilities, as well as project management, bookkeeping, and time management skills, are among them.

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The auditor examines details of accounts receivable to determine whether they arise from normal course of business. What is the balance-related management assertion being made? What is the corresponding auditor objective? for the toolbar, press ALT-F30 (PC) or ALT-FN-F10 (Mac)

Answers

If an auditor believes the chance of financial failure is low and there are no significant changes in the financial condition or operations of the company, the auditor's assessment would likely be that the going concern assumption remains valid.

This means that the auditor believes the company will continue its operations in the foreseeable future without the need to liquidate its assets or cease operations. The going concern assumption is an important consideration for financial statement users, as it provides assurance that the company is financially stable and able to meet its obligations.

The auditor's conclusion of a low risk of financial failure reinforces stakeholders' confidence in the company's continued operations.

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Steven manages a team responsible for opening new restaurants of a large, fast-food chain. His team goal is to open eight restaurants in four months' time, and he's mapped out a plan for breaking this goal into actual tasks and projects. As Steven's mentor, what advice do you give him for managing obstacles that might disrupt his progress?

Answers

Answer:

divide all of the current obstacles by the level of urgency and take it one step at a time

Explanation:

When making any sort of plans there will always be unexpected obstacles that prevent/disrupt you from making progress. In these situations, the best advice would be to divide all of the current obstacles by the level of urgency and take it one step at a time. If you try to solve all the problems at once you will get overwhelmed and stressed out. Instead solve one at a time, focusing on the more urgent problems first.

Leverage its human capital and social capital to achieve a competitive advantage?

Answers

Leveraging human capital and social capital is crucial for organizations to achieve a competitive advantage. Human capital refers to the knowledge, skills, and abilities of employees, while social capital represents the network of relationships an organization has with external stakeholders.

To leverage human capital, organizations should focus on hiring and retaining talented individuals, providing them with continuous training and development opportunities, and promoting a culture of collaboration and innovation. By investing in their employees, organizations can enhance their knowledge base and expertise, leading to improved performance and increased competitiveness.

In terms of social capital, organizations should actively build and nurture relationships with customers, suppliers, and other external partners. This can be done through effective communication, engagement in industry associations, participation in community events, and fostering long-term relationships. By leveraging these relationships, organizations can access valuable resources, gain industry insights, and collaborate on joint ventures, ultimately enhancing their competitive position in the market.

By effectively leveraging both human capital and social capital, organizations can create a synergistic effect that contributes to their competitive advantage. This allows them to stay ahead of competitors, adapt to changing market conditions, and achieve sustainable growth.

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Ways in which the government can participate in economic activities​

Answers

Answer:

Explanation:

In the United States, the government influences economic activity through two approaches: monetary policy and fiscal policy. Through monetary policy, the government exerts its power to regulate the money supply and level of interest rates. Through fiscal policy, it uses its power to tax and to spend.

The principal mechanism for implementing a master plan is
A. public elections.
B. zoning.
C. property management.
D. referendum.

Answers

The principal mechanism for implementing a master plan is B. zoning.

A master plan is a comprehensive long-term planning document that guides the growth and development of a city or region. It typically covers various aspects such as land use, transportation, housing, infrastructure, and environment. Zoning is the primary tool used to implement the master plan, as it divides the area into zones with specific regulations and guidelines for development.

Zoning helps to achieve the objectives of the master plan by organizing land uses and ensuring that they are compatible with one another. This is done by establishing different zones, such as residential, commercial, industrial, and agricultural, each with their own set of rules governing land use, building types, density, and other aspects.

Zoning ordinances are legally enforceable and provide a framework for property owners and developers to follow when proposing new developments or changes to existing ones.

Public elections, property management, and referendums may play a role in the overall planning process, but they are not the principal mechanism for implementing a master plan.

Public elections and referendums might influence policy or leadership, while property management focuses on the maintenance and operation of individual properties within the community. None of these alternatives have the same direct impact on land use and development as zoning does.

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______ Is a market in which a large number of suppliers compete with each other to satisfy the needs and wants of a large numbers of consumers at a competitive price.???

Answers

Answer : Monopolistic competition

Answer:

Monopolistic Competition

Explanation:

In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.

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