Consumers in Mayville consider houses and apartments to be substitutes. There is an increase in the price of houses in Mayville at the same time three new apartment buildings open there. In the market for apartments in Mayville, we know:______. A) the equilibrium price will rise. B) the equilibrium price will fall. C) the equilibrium quantity will rise. D) the equilibrium quantity will fall
Answers
The correct answer is A) the equilibrium price will rise, and C) the equilibrium quantity will rise.
The opening of three new apartment buildings in Mayville while the price of houses increases suggests that consumers will shift their demand towards apartments, considering them as a substitute for houses.
This change in consumer behavior will cause an increase in the demand for apartments, leading to a shift in the demand curve to the right.
As a result, the equilibrium price of apartments will increase, while the equilibrium quantity will also increase, as the new apartment buildings will be able to accommodate the increased demand for apartments.
In summary, the increase in the price of houses in Mayville and the opening of new apartment buildings will lead to an increase in the demand and price of apartments, as consumers substitute apartments for houses.The correct answer is A.
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Related Questions
Drag the tiles to the correct boxes to complete the pairs.
Match the method of exchanging information with its description.
IM
blog
message board
wiki
facilitates discussion and polls
arrowRight
enables only the author to exclusively post and edit articles
arrowRight
enables any number of users to publish and edit content
arrowRight
provides a platform for real-time communication
arrowRight
Answers
IM (Instant Messaging): provides a platform for real-time communication, allowing users to exchange messages and have conversations in real-time.
Blog: provides enables only the author to exclusively communication post and edit articles, typically on a specific topic or theme. Blog posts are usually displayed in reverse chronological order.
Message Board: facilitates discussion and polls among a group of users who share a common interest. Provides users can post messages, communication ask questions, and respond to each other's posts.
Wiki: enables any number of users to publish and edit content collaboratively, often provides on a specific topic or theme. Wikis are designed to promote collaboration and knowledge-sharing among a group of users.
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What must be done if a transaction increases the left side of the accounting equation?
Answers
Answer:
Explanation:
Neje
at what level of the project management maturity model does formal application of project management take place?
Answers
The formal application of project management occurs at the third level of the project management maturity model.
The project management maturity model is a framework that evaluates the degree to which a company or organization follows project management best practices in project execution. The PMMM framework assesses and helps businesses achieve consistency and improvement in project management throughout their organizations. The Project Management Maturity Model (PMMM) was first introduced in the 1990s by the Software Engineering Institute (SEI) at Carnegie Mellon University. This model is an approach to assess an organization's project management maturity and provide guidance for improvement.The PMMM has five levels of maturity, each with its unique characteristics, which are as follows:Initial level, where no formal project management processes are in placeReactive level, where the company experiences project problems and responds to them through crisis management practices, ad-hoc processes, and issue resolution processes.Proactive level, where the company has standard processes and procedures for project management and evaluates performance metrics, best practices, and internal issues.Achieving level, where the company has a more advanced and formal approach to project management, and standards are well-defined and enforced.Optimizing level, where the organization has a culture of continuous improvement and seeks out innovation, knowledge management, and refinement.A formal application is an application in which the design, development, and testing stages are all formalized. All formal application systems have the same goal of developing a high-quality program that is reliable, useful, and consistent. The goal of the formal application is to complete it on time and within budget while adhering to high-quality standards that will satisfy stakeholders.Learn more about project management maturity model: https://brainly.com/question/29808208
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Which of the following statements is a strong reason for giving credit to sources of data in a formal business doccument
Answers
Answer:
It shows you have done solid research to back up your conclusions.
Multiple choice options for this question are as follows: online source
A). It shows you have done solid research to back up your conclusions.
B). Readers of a business document do not pay attention to sources
C). Giving credit is easier than treating others' ideas as your own
D). It is a requirement of MLA and APA styles
Explanation:
Giving credit to your sources is a phrase that refers to Referencing or citing the source of your information. It is important to the reader or user of the document because they can always go back and verify the data's accuracy. Referencing also leaves a trail that can be used to see the views and opinions of other business people or researchers .
Giving credit to your sources in a formal business document shows you took the time to research the subject matter. It gives the impression that you can relate your ideas to the views of other professionals in the industry.
Answer:
A). It shows you have done solid research to back up your conclusions
Explanation:
4. How do dependent tasks differ from primary tasks?
Answers
Answer:
The answer is below
Explanation:
Dependent task is a term used to describe a type of task that is associated with the main or independent task under a particular scope of work. It is usually a sub-task of the whole task that needs to be executed.
On the other hand, a Primary task is a term used to describe a type of task that takes the center stage or the major task with priority. It takes the largest or most resources in its execution.
GIVING BRAINLIEST
1a. What is meant by design mix?
(2)
1b. Explain how function has been critical in the development of the CargoRunner.
(4)
1c. Assess how changing the design mix of the rucksack is reflected by social trends.
(10)
Total: 16 marks
Answers
Being a former teacher, Marie wanted to start her own business that is related to education. She is fond
of technology and wanted a business that is aligned with making learning enjoyable with the use of
technology. She is firm with following nonnegotiables for her business:
1. She wanted full control of her business so she could decide and run it without consulting
anyone.
2. She likes to explore the range of services which includes an app that will revolutionize the
learning process through online activities and
3. She wanted it to be easy, convenient and cost-efficient.
However, the following are her predicaments:
1. Lack of experience as she is not a graduate of a management or business degree.
2. Lack of capital as she already invested the majority of her savings in the development of the
app by commissioning a third party to do it.
3. Lack of staff to do other tasks like marketing, developing the improvements of the app, etc.
She is now thinking how to start her business given non non-negotiables and her difficulties.
1. Given her non-negotiables and her situation, what form of business should she engage in?
Explain the advantages and disadvantages of choosing the form of business.
2. Develop an organizational structure that will help her business be more structured given the
nature of her busines
Answers
Personal liability protection, business security and continuity, and easier access to financing are benefits of forming a corporation. A corporation has drawbacks such as being time-consuming and being vulnerable to double taxation.
What is double taxation?
A tax principle known as "double taxation" refers to paying income taxes twice on the same source of income. When income is subject to both corporate and individual taxes, it may happen.
When the same income is taxed in two different nations for the same investment or transaction, this is known as double taxation. Double taxation is frequently an unforeseen result of tax law.
Tax authorities try to avoid it whenever feasible because it is typically viewed as a negative component of a tax system.
Most tax systems make an effort to establish an integrated system where money earned by a company and paid out as dividends and income earned directly by a person is, using different tax rates and tax credits.
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Answer:
D on edge
Explanation:
I think
You are managing a project to build an urgent care clinic. Your company is expanding and has constructed 25 clinics so far. Which estimating technique makes the most sense to use in this situation?
Answers
Answer:
Delphi technique
Explanation:
The Delphi model is a technique of group communication in which a panel of experts reach consensus on a set of questions and discussions. This is used to predict or to forecast. First, choose an effective facilitator and experts with relevant expertise, and ensure that the issue is well established after that they reach with a decision
Therefore in the given case, the delphi technique is used
do you think the government should help businesses like SJD? justify your answer
Answers
Answer:
yes
Explanation:
coz we're not getting any help
Georgina decides to take a dozen cupcakes to school to sell so she can raise money for her school trip to New Orleans. She prices the cupcakes at $0.50 each. With in 15 minutes she has sold all of her cupcakes, and through out the day teachers and students ask her if she has anymore.
This market model is in a [______]?
This is for a economics class I didn't know what catagory to pick
Answers
Answer:
Shortage
Explanation:
I got it correct because I watched the given recording.
Georgina decides to take a dozen cupcakes to school to sell so she can raise money for her school trip to New Orleans. This market model is in a "competitive market".
Georgina operates in a competitive market characterized by high demand and a desirable product: her cupcakes. The price point of $0.50 each aligns with the perceived value which is resulting in swift sales within 15 minutes.
Subsequent inquiries from both teachers and students demonstrate sustained interest indicating that Georgina's cupcakes have achieved product-market fit.
Georgina's success in selling all cupcakes swiftly and generating ongoing inquiries highlights a well-balanced market equilibrium within the school community.
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first, how would you recommend we go about reducing the turnover in our stores?
Answers
Reducing turnover in stores can be a complex challenge, but here are a few steps that could be taken to help address the issue:
Assess the root cause: It's important to understand why employees are leaving. This can be done through exit interviews, employee surveys, or by analyzing data on turnover patterns. Offer competitive compensation and benefits: Ensure that employees are being compensated fairly and that benefits are aligned with industry standards. Provide clear expectations and ongoing feedback: Ensure that employees understand their job responsibilities and performance expectations, and provide regular feedback to help them grow and succeed.What is the turnover about?Other points to take are:
Foster a sense of purpose and meaning: Create a sense of community and purpose among employees, and offer opportunities for personal and professional growth. Encourage open communication: Encourage open and transparent communication between management and employees to identify and address any issues.Lastly, Invest in employee training and development: Offer opportunities for employees to learn new skills, and invest in their professional development.
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are some of the factors that influence employee benefits strategies cyclical
Answers
Answer:
hoobaa hooba hooba
Explanation:
hooo
similarity between formal and informal employment
Answers
Answer:
okay
can we be friends!
Explanation:
Which of the following factors would make the demand for a good elastic?
The good is a necessity.
The consumer does not have much time to shop for alternatives.
The good has many substitutes.
The good is only produced by one company, a monopoly.
Answers
Answer:
The god has manmyuuuu substitustes
Explanation:
Which of the following is not one of the risk categories
A:Practical
B:controllable
C:Pure
D:Speculative
Answers
Answer:
pretty sure controllable bc controllable isn't a risk. ( I've I had brainliest could u pls give me it ???)
Fill in the blank. A major problem that self-managed work teams can encounter is ________.
Answers
Lack of Direction. A major problem that self-managed work teams can encounter is lack of direction. This can happen when a team has been left to manage itself without guidance from a leader or supervisor.
Without direction, a team may struggle to stay on task and efficiently complete their work. In addition, team members may find themselves in disagreement about the course of action that needs to be taken to complete their tasks. This can lead to confusion, decreased productivity, and ultimately, failure to meet goals.
To mitigate this issue, it is important for self-managed teams to establish clear goals and objectives, as well as a timeline for completion.
A team also needs to establish processes and procedures to ensure that tasks are delegated appropriately and completed efficiently. Additionally, communication among team members should be maintained to ensure that everyone is on the same page and working towards the same goals.
Lastly, if needed, a leader or supervisor should be appointed to provide guidance and direction to the team. By following these steps, teams can avoid the problem of lack of direction and successfully manage their own work.
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Place holders are:
O A. aspects of cloud software that hold your file in place.
O B. image databases that users can utilize.
O C. specific areas designed for images only on the slides.
•
D. areas of the slides that can accommodate text or media.
Answers
Answer:
C. specific areas designed for images only on the slides
hope it helps
who was the first wwe champion
Answers
Answer:
Buddy Rogers
Explanation:
Answer: Buddy rogers, is the correct answer.
When your tire blows out in the middle of a drive, you should
Answers
get out of the car and change it
"
The definition of a qualifying child applies to which of the
following?
a. Income exclusion
b. Earned income tax credit
c. Head-of-household deduction
d. Unearned income tax
e. Filing status for child
"
Answers
The definition of a qualifying child applies to the Earned Income Tax Credit (option b) specifically, as it determines eligibility for this tax benefit.
A qualifying child is a key factor in determining eligibility for the Earned Income Tax Credit (EITC). The EITC is a tax benefit for low-to-moderate-income individuals and families that is designed to provide financial assistance and reduce the overall tax burden. To claim the EITC, you must meet certain criteria, including having a qualifying child.
A qualifying child must meet specific requirements related to age, relationship, residency, and dependency.
These requirements ensure that the child is a legitimate dependent and that the taxpayer is eligible for the tax credit. Meeting the definition of a qualifying child allows taxpayers to claim the EITC, which can provide significant financial support and potentially result in a tax refund.
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3.
What is the importance of trade?
Answers
What is a disadvantage of solar thermal systems?Question 10 options: There are some direct emissions of CO2 and other air pollutants. There are high costs associated with the necessary natural gas turbine backups. There is low potential for growth. The systems have low net energy yield and high costs. The high technology requirements could displace jobs for local workers.
Answers
Answer:
The systems have low net energy yield and high costs.
Explanation:
In the case of the solar thermal power/electric generation systems it collects and concentrate the sunlight in order to generate the heat of high temperature so that the electricity could be generated. It mainly have two components i.e. reflectors and the focus sunlight
So the disadvantage of this is that it develops the less net energy yield also it cost is high so not everyone could afford it
Mark knows that the sales mix as a percentage of units sold is 20% for his hand-carved chess set and that it sells for $700. the sales mix as a percentage of units sold is 80% for his hand-carved backgammon set and it sells for $300. if mark knows that his company-wide break-even point is 4,200 units, how many chess sets and how many backgammon sets does he need to sell to break even
Answers
To break even, he needs to sell 3,360 backgammon sets and 840 chess sets.
What is meant by "break even"?The breakeven point of a product is the amount of production at which sales and manufacturing costs are equal. When an asset's market value matches its initial cost, it is said to have reached its breakeven point in an investment.
Break-even (or break even) is the point of balance where there is neither a profit nor a loss. It is also known as B/E in finance. Any value below the break-even point represents a loss, whereas any value higher than it represents a profit.
What determines the break-even point?To calculate the break-even point in units, use the formula below: In sales dollars, the break-even point is calculated as follows: Break-Even Point (in Units) = Fixed Costs (Sales Price Per Unit - Variable Cost Per Unit). Break-Even Point = Contribution Margin - Fixed Costs (in sales dollars).
break-even point= 4,200 units
hand-carved chess set= 20%
hand-carved backgammon set= 80%
hand-carved chess set (in units)= 4,200 X 20%= 840 units
hand-carved backgammon set (in units)= 4,200 X 80%= 3,360 units
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pls do this worksheet for me and i will make you brainliest
Answers
· Hope's contribution to her RETIREMENT plan...
a. is a post-tax contribution on which she pays federal income taxes
b. is pre-tax and therefore not included in federal income taxes
c. Is a contribution to her Social Security
d. is taxed at a rate of 15%
Answers
Based on Hope's check, her contribution to her RETIREMENT plan b. is pre-tax and therefore not included in federal income taxes.
What does the check say?The check notes that Hope's retirement contribution is not included in her federal taxable income.
This means that the contribution is paid pre-tax and will not be liable for federal income taxes. She will most probably pay taxes on the retirement fund when she withdraws from it.
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Using the rule of 72, how long would it take for your $1,000 investment to double at 5%?
Answers
Answer:
14 years
Explanation:
Given the following data;
ARR = 5%
Principal = $1000
From the rule of 72;
Rule of 72 can be defined as a metric used to determine the time it will take to double an investment based on its growth rate. Also, it can be used to determine the economic growth by measuring the Gross Domestic Products (GDP).
Mathematically, it is given by the formula;
\( Number \; of \; years \; to \; double = \frac {72}{ARR} \)
Where;
ARR is the annual rate of return in percent.
Substituting the values into the formula, we have;
\( Number \; of \; years \; to \; double = \frac {72}{5} \)
\( Number \; of \; years \; to \; double = 14.4 \)
Therefore, the number of years to double = 14.4 ≈ 14 years
Instead of filling vacant instructor positions with new full-time faculty, Hope College can take advantage of
A) temporary employees.
B) technological innovation.
C) turnover reductions.
D) new external hires.
E) retraining.
Answers
Hope College can take advantage of both-A. temporary employees and B. technological innovation to fill vacant instructor positions without immediately hiring new full-time faculty.
Temporary employees can be brought in on a short-term basis to cover classes and fulfill teaching responsibilities.
Technological innovation, such as online courses and remote teaching capabilities, can also help to fill gaps in the instructional staff.
Additionally, retraining current staff members to teach in different areas or subjects can provide a solution to filling vacancies without having to make new external hires or rely on turnover reductions.
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what is a popular japanese sponge cake introduced by portuguese merchants in the 16th century called?
Answers
A popular Japanese sponge cake introduced by Portuguese merchants in the 16th century is called Castella Cake. It is a light, sponge cake made from flour, eggs, sugar and starch syrup. The ingredients are mixed and then baked into a rectangular shape before being cut into individual slices.
The cake has a unique texture due to the combination of ingredients and baking technique. It is known for its light, moist and airy texture as well as its golden brown color. Castella Cake is a popular sweet treat in Japan, often served with green tea. It is also popular in other parts of the world, especially in Southeast Asia, where it is commonly used in desserts, pastries, and other confections. It is a versatile cake that can be enjoyed either plain or with various fillings such as fruit, nuts and chocolate.
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you are a project manager and find out that one of the project's net present value (npv) is negative. what should you do? group of answer choices calculate the profitability index (pi) determine the present value of the project cost decrease the discount rate reject the project
Answers
Option 4 is correct. If the project's net present value (NPV) is negative, the project should be rejected.
Net present value (NPV) is the contrast between the current worth of money inflows and the current worth of money surges throughout some stretch of time. NPV is utilized in capital planning and speculation wanting to dissect the benefit of a projected venture or task.
NPV is the consequence of computations that find the ongoing worth of a future stream of installments, utilizing the legitimate markdown rate. As a general rule, projects with a positive NPV merit undertaking while those with a negative NPV are not.
In simpler words - NPV=Today’s value of the expected cash flows−Today’s value of invested cash
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Complete Question -
You are a project manager and find out that one of the project's net present value (npv) is negative. what should you do?
group of answer choices
1. calculate the profitability index (pi)
2. determine the present value of the project
3. cost decrease the discount rate
4. reject the project
If the price elasticity of demand for U.S. automobiles is higher in Europe than it is in the United States, and transport costs are zero, a price-discriminating monopolist would charge:__________.
a. a less profitable price for autos in the United States than in Europe.
b. a lower price for autos in the United States than in Europe.
c. the same price for autos in the United States as in Europe.
d. a higher price for autos in the United States than in Europe.
Answers
Answer:
d. a higher price for autos in the United States than in Europe.
Explanation:
As it is mentioned that the price elasticity of demand in more in Europe as compared with the United States that represents a slight increase in price would decline the immense demand in Europe
Plus the elasticity in the united states is not high that reflects that change in price have a less impact on quantity demanded
Therefore the option d is correct