describe the difference between independent and dependent demand and give an example of each for a pizza restaurant
Answers
Demand for a production plan, any such laptop, motorbike, or pizza, is considered to as independent demand. Demand for subcomponents or structural components, on the other hand, is known as dependent demand.
For example, this would include the computer systems in the computer, the pedals on the motorcycle, or the mozzarella on the pizza. When demand for an item is independent of desire for other items, that item is considered to fall under the category of independent demand. final products Independent demand items are those that are produced for stock and sale or ordered by external customers. Dependent demand items, also known as components, structural components, produced parts, purchasing parts, and agricultural products, are goods whose consumption is generated by the one-by-one estimate based on independent demand items, such as goods and service parts.
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Related Questions
A taxi charges $2. 50 for the first mile and $0. 40 for each mile after that. The expression below shows how to find the total cost, in dollars, of a 20-mile taxi ride. 2. 50 0. 40 (20 minus 1) What is the cost of the ride? $9. 50 $10. 10 $55. 10 $58. 0.
Answers
In the United States, there are various forms of economic oversight that are performed by the government. Sometimes the government will step in when they feel the need to encourage competition in a particular industry and to break up companies that have nearly complete control over a particular market. What is this called when the government initiates action against companies that appear to have too much power?
Answers
Antitrust laws initiate action against companies that appear to have too much power.
Antitrust laws are rules that promote competition by restricting a firm's ability to dominate the market. This frequently entails dismantling monopolistic enterprises as well as making sure mergers and acquisitions don't excessively concentrate market power.
Additionally, cartels or groups of companies working together to restrict competition through tactics like price fixing are prohibited by antitrust laws. Antitrust law has developed into distinct legal expertise as a result of the difficulty in determining what actions may restrict competition.
Federal antitrust laws are currently enforced by the Federal Trade Commission, often in cooperation with the Department of Justice.
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If an economic crisis were to occur that caused a significant decline in the projected tax revenue for the biennium, the state legislature would likely deal with the shortfall by taking which steps
Answers
If a country is going through financial difficulty, there are several steps they can take including:
Reducing spending Delaying interest payments Using cash reservesIf a country sees that its taxes will not be enough to cover its obligations, it can reduce the amount it spends on goods and services so as to reduce its obligations.
Country can also increase the time taken to pay off debts so that they can divert cash to needed areas whilst waiting for things to be better.
Country can use cash reserves that it accumulated in one form or the other to weather the storm of reduced taxes.
In conclusion, the government can deal with tax shortage in several ways.
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Define War. A violent clash of interest between/among organized groups characterized by the use of military force/ True or false
Answers
The definition of war as a "violent clash of interest between/among organized groups characterized by the use of military force" is generally considered to be accurate.
Therefore the answer is True.
However, there is ongoing debate about what constitutes a "violent clash" and what types of military force are considered legitimate in the context of warfare. Some argue that modern warfare includes forms of violence beyond traditional military force, such as cyberattacks or economic sanctions, while others argue that non-state actors and asymmetric warfare must also be considered when defining war. Despite these debates, the use of military force to achieve political objectives remains a defining characteristic of war.
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The equilibrium market price for 10 piano lessons is $300. What is the total producer surplus in the market? a. $50 b. $150 c. $1, 050
d. $1, 500.
Answers
The total producer surplus in the market is $1500 if the equilibrium market price for 10 piano lessons is $300. What is the total producer surplus in the market
Producer surplus is the difference between the price at which producers are willing to supply a good or service and the actual market price. In this case, if the equilibrium market price for 10 piano lessons is $300, we need to know the cost of producing those lessons for the producers to determine their producer surplus.
Let's assume that the cost of producing 10 piano lessons is $200 for the producers. Therefore, the producer surplus for each lesson would be $300 (market price) - $20 (production cost) = $100.
The total producer surplus for the market can be calculated by multiplying the producer surplus per lesson by the total number of lessons produced. If we assume that 100 piano lessons are produced in this market, then the total producer surplus would be $100 (producer surplus per lesson) x 100 (number of lessons produced) = $10,000.
Therefore, the correct answer is (d) $1,500.
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Which one of the following best describes the role of a financial intermediary? O Financial intermediaries collect large surpluses from a few suppliers of capital and lend those funds in small amounts to numerous demanders of capital.O Financial intermediaries match suppliers of capital with demanders of capital so they can directly exchange funds.O Suppliers of capital are hesitant to individually accept the credit risk associated with lending to demanders of capital.O Demanders of capital normally need funds for a short period of time.
Answers
O Suppliers of capital are hesitant to individually accept the credit risk associated with lending to demanders of capital.
True or False?
1. Factors affecting international equity returns include macro economic factors, exchange rates and industry structures.
2. The equity markets of the developed world tend to be much more liquid than equity markets in emerging or lesser developed areas.
3. The United States continues to be the largest recipient of inward directed foreign direct investment, as well as the largest source of outward foreign direct investments.
Answers
Answers: (1). True.
(2). True
(3). True
Explanation:
1. True. Factors affecting international equity returns include macro-economic factors, exchange rates and industry structures.
2. True. The equity markets of the developed world tend to be much more liquid than equity markets in emerging or lesser-developed areas.
3. True. The United States continues to be the largest recipient of inward-directed foreign direct investment, as well as the largest source of outward foreign direct investments.
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Note that common skills are listed toward the top and less common skills are listed toward the bottom. According to O*NET, what are some common skills needed by Lawyers? Select four options.
installation
active listening
speaking
critical thinking
reading comprehension
equipment maintenance
Answers
The common skills needed by lawyers are active listening, speaking, critical thinking and reading comprehension.
The skills can be noted as -
Active Listening - To completely comprehend their viewpoints and obtain all pertinent facts, attorneys need to listen intently to their clients, witnesses, and other parties involved in a case.Speaking - Lawyers need to be able to communicate clearly both orally and in writing with their clients, juries, judges, and other lawyers.Critical Thinking - Lawyers must be able to evaluate intricate legal issues and create plans for resolving conflicts and attaining their clients' objectives.Reading comprehension - Complex legal papers, court rulings, and other important items must be read and understood by lawyers.Read more about lawyers on:
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Scott Corp. received cash of $20,000 that was included in revenues in its Year One financial statements, of which $12,000 will not be taxable until Year Two. Scott's enacted tax rate is 30% for Year One, and 25% for Year Two. What amount should Scott report in its Year One balance sheet for deferred income tax liability?
a) $3,000
b) $2,000
c) $2,400
d) $3,600
Answers
option C is correct $2,400 . Scott should report $2,400 on its Year One balance sheet for deferred income tax liability.
Deferred income tax liability refers to the income tax a business is liable for but has not yet been paid. The amount should be recorded on the balance sheet as a liability. When the income tax return is filed and the tax paid, the liability is removed from the balance sheet.Scott Corp. received cash of $20,000 that was included in revenues in its Year One financial statements, of which $12,000 will not be taxable until Year Two. Scott's enacted tax rate is 30% for Year One, and 25% for Year Two.Therefore, the amount that Scott should report in its Year One balance sheet for deferred income tax liability is $2,400.The calculation for the above can be explained as follows: Year 1 tax rate
= 30%Taxable income
= $20,000Deferred tax liability for Year 1
= 30% x $12,000
= $3,600Year 2 tax rate
= 25%Deferred tax liability for Year 2
= 25% x $12,000
= $3,000So, the total deferred tax liability is $3,600 + $3,000
= $6,600. However, the deferred tax liability for Year 1 is $3,600, of which only $1,200 is due in Year 1, while the remaining $2,400 will be due in Year 2.Therefore, Scott should report $2,400 on its Year One balance sheet for deferred income tax liability.
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The line on a supply curve moves in which direction?
Responses
upward and to the left
downward and to the center
upward and to the right
downward and to the left
Answers
Explanation:
The supply curve will move upward from left to right, which expresses the law of supply: As the price of a given commodity increases, the quantity supplied increases (all else being equal).
hopefully this helps you! :)
Which of the following steps is most effective in protecting yourself from identity theft? a. Throw away credit card applications in the garbage. B. Shred all mail with personal information before discarding it. C. Place your old bank statements in the recycle bin. D. Carry all your passwords in your wallet or purse. Please select the best answer from the choices provided. A B C D.
Answers
The most effective step in protecting yourself from identity theft is to shred all mail with personal information before discarding it. This ensures that sensitive information cannot be accessed by identity thieves.
Identity theft is a serious concern, and taking proactive measures to protect personal information is crucial.
Among the options provided, shredding all mail with personal information before discarding it is the most effective step.
This prevents unauthorized individuals from gaining access to sensitive data such as bank account numbers, Social Security numbers, or credit card information. Simply throwing away credit card applications or placing old bank statements in the recycle bin can expose personal information to potential identity thieves.
Carrying all passwords in a wallet or purse is also risky, as losing the wallet or purse would give easy access to all accounts. Therefore, shredding mail with personal information provides an added layer of security and minimizes the risk of identity theft.
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In which market would a producer sell bicycles to consumers?
Answers
In the markets for goods and services, a producer would sell his bike for purchase by customers.
What is the market for goods and services?Consumers buy consumables on the products and services market, and firms sell their commodities there. The market encompasses physical stores, the Internet, and any other location where consumers can exchange products and services.
The trading of finished goods takes place here. Businesses receive payment from customers in exchange for goods. The consumer gives money to the business in a flow. In contrast to this, enterprises can buy the materials they need on the factor market to make an item.
The rule of supply and demand governs how much is produced and at what price in the market for products and services.
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As a software developer working for a large clothing store chain, you are responsible for creating software used to connect retail store computers to a central database at the head office. recently, some friends of yours suggested that you publish your software under the gpl. what are some direct benefits to publishing your software under the gpl? to publish software made for a company under the gpl, you need the company's permission because the company owns any software that it pays developers to create. when you approach people in your company regarding oss and explain how companies benefit from releasing software as open source, you are asked what benefits the company will receive from funding an open source project over time. your company also wants to know what the procedure is for releasing and maintaining oss. what benefits will you offer them? where could you send them to gain more information on procedures involved in the open source community?
Answers
Answer and Explanation:
software published under general public license(GPL) makes the software an open source software meaning that the public are free to change, study, share and run the program as they please.
Benefits of open source software/GPL include:
-General feedback and quick identification of bugs in software code
-Community contribution to new features, therefore costing the company less in releasing new features
- quick popularity of software as different people come to use and contribute to development
-open source softwares are even more important as they form stepping stones for even better software, reusability, code can be reused for other software development and there won't be any need to code that same functionality
If the company wishes to get more information on opens piece software's and communities or procedures regarding development of open source software, they could check out open source initiative,www.opensource.org, a non-profit organization dedicated to promoting and protecting open source communities and softwares
according to international codes of conduct, which of the following is related to the mne behavior toward persons? group of answer choices: a) environmental protection b) consumer protection c) political involvement
Answers
The international codes of conduct related to MNE behavior toward persons include consumer protection. Thus, B is correct.
Consumer protection is an essential aspect of MNE behavior toward persons as it ensures that the products and services offered by the company do not harm consumers in any way.
International codes of conduct such as the UN Global Compact and the OECD Guidelines for Multinational Enterprises emphasize the importance of protecting consumers' health and safety, providing clear and accurate information, and respecting their privacy and personal data.
MNEs must also ensure that their advertising and marketing practices are fair and transparent, and they must provide effective mechanisms for resolving consumer complaints. Failure to comply with these codes of conduct can result in reputational damage, legal liabilities, and financial losses for the company. Therefore, B is correct.
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from 2009 to 2020, the exchange rate between the euro and the us dollar varied over time. during that time, the number of euros you would've received for $100 ranged from _____.
Answers
From 2009 to 2020, the exchange rate between the euro and the US dollar varied over time. During that time, the number of euros you would've received for $100 ranged from 80 to 120 euros.
The exchange rate between two currencies represents the price at that one currency can be exchanged for another.
This rate fluctuates over time based on a variety of factors, such as economic conditions, political events, and supply and demand.
In the case of the euro and US dollar, the exchange rate can be expressed as the number of euros you would receive for $1.
So, to calculate the number of euros you would receive for $100, you simply need to multiply the exchange rate by 100.
The range of the euro-to-dollar exchange rate from 2009 to 2020 was 80 to 120 euros, which means that at various points during this time period, you could have received anywhere from 80 to 120 euros for $100.
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4. People in the organisations carry out diverse tasks with the aim to achieve
(a) Different objectives
(b) Common objectives
(c) Both of the above
(d) None of the above
Answers
Answer:
(b) Common objectives
Explanation:
People and departments in an organization perform different functions, but all focus on achieving its objectives. An organization's top management sets the goals and targets for a particular period. It then identifies specific actions that need to be accomplished to achieve the set goals.
The identified actions are distributed to various departments for implementation. Each department will break down its activities into small tasks and assign them to individual workers. Every employee will be working to achieve their set objectives. If all workers achieve their targets, the departments will meet their objectives, and so is the organization's goals.
Which career is best suited for people who have a high school diploma?
- Administration and information support.
- Human resources.
- Business financial management and accounting.
- Business analysis.
Answers
Answer:
It should be Human resources because it is the least technical compared to the other three options.
ABC Company owns 30% of the outstanding shares of Teal Company. At the beginning of the current year, the carrying value of Teal's stock on ABC's balance sheet was $60,000. During the period, Teal paid dividends of $10,000 and reported a net income of $40,000. What is the carrying value of Teal's stock on ABC's balance sheet at the end of the year?
Answers
Answer:
$69,000
Explanation:
Percentage of shares owned by ABC in Teal's company = 30%
This is an example of equity method investment , and a portion of the attributable income at the end of the year is earned and added to the initial stock.
Attributable income is the remaining income after dividends have been settled.
Workings
The opening carrying value of the shares on ABC balance sheet = 60,000
Profit made at the end of the period = 40,000
Dividends paid = 10,000
Attributable income to share holders = 40000-10000 = 30,000
ABC portion of attributable profit = 30000*30% = 9,000
Carrying value at the end of the year = opening carrying value + portion of the attributable profit
=60000+9000=69000
Two grams of musk oil are required for each bottle of mink caress, a very popular perfume made by a small company in western siberia. the cost of the musk oil is $2.10 per gram. budgeted production of mink caress is given below by quarters for year 2 and for the first quarter of year 3:
Answers
Answer:
Since there is not enough room here, I used an excel spreadsheet and attached it.
Explanation:
Year 2 Year 3
First Second Third Fourth First
Budgeted prod. 84,000 114,000 174,000 124,000 94,000
in bottles
Musk oil has become so popular as a perfume ingredient that it has become necessary to carry large inventories as a precaution against stock-outs. For this reason, the inventory of musk oil at the end of a quarter must be equal to 20% of the following quarter’s production needs. Some 33,600 grams of musk oil will be on hand to start the first quarter of Year 2.
Which of the following is the most common traits of entrepreneurs? A. Passionate B. Risk-taker C. Independence D. Self-assured
Answers
Answer:
A. Passionate
Explanation:
Hope this helps
Answer: independence
Explanation:
1) What type of business are you proposing to start? (that is, what is its prime function going to be? What product/service will the business be selling?)
to an afghan restaurant
Answers
Answer:
I am going to start a business. of clothing
Explanation:
It will sell clothes
Ben is a double major pursuing degrees in both Finance and Marketing. He is interested in obtaining a position as a personal financial advisor after graduation and is interning with a global financial services company. During his internship, he observes that the most successful advisors wear white shirts, dress very conservatively, and read The Wall Street Journal to stay up to date with the latest business and world news. Ben starts to read The Wall Street Journal too and modifies his dress and grooming style to be more like the representatives he admires. Ben is influenced by _______.
Answers
Answer:
A reference group
Explanation:
What is most likely to cause a rise in expenditure in an economy?
a. A rise in consumer confidence
b. A rise in income tax
c. A reduction in wealth
d. A more uneven distribution of income.
Answers
Answer:
B
Explanation:
because b i think gimme vbucks
Waterway Industries has a material price standard of $2.00 per pound. 6600 pounds of materials were purchased at $2.20 a pound. The actual quantity of materials used was 6600 pounds, although the standard quantity allowed for the output was 5200 pounds.
Answers
Answer:
The appropriate solution will be "$1320".
Explanation:
The given values are:
Material's actual quantity
= $6600
Standard price
= $2.00
Actual price
= $2.20
Now,
The material price variance will be:
= Actual quantity (Standard price - Actual price)
On substituting the values, we get
= \(6600(2.00-2.20)\)
= \(6600\times (-0.20)\)
= \(1320\) ($)
Although marketing strategy requires a good marketing mix, on which element of the mix is the Microsoft case focused?
Answers
Based on marketing strategy analysis, the excellent marketing mix that the Microsoft case focused on is Price.
This is because it has been observed that Microsoft generally sets the price of their products based on the cost of their competitors and the demand of the consumer.
This was evident when Microsoft set the price of their Windows OS at a premium rate due to its increased demands.
The other elements of marketing mix aside from Price include the following:
ProductPlacePromotionHence, in this case, it is concluded that the correct answer is "Price."
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Unit 1 assignment requests students to describe the differences between HR plans and HRM strategies and discuss the important areas of HRM.
Use the readings and resources provided in our online lecture, book, Kean library, and reputable sources found on the Internet to support your viewpoints. Be sure to use your own voice in your answers Simple copy and pastes will not be accepted. Be sure to cite all sources referenced by using MLA or APA guidelines
1. What is the difference between HR plans and HRM strategic plans? How are they the same? How are they different? (40 points, 2 pages, double space)
2 Of the areas of focus in HRM, which one do you think is the most important? Rank them and discuss the reasons for your rankings (35 points, 2 pages, double space)
Answers
Human resource HR plans are short-term plans that address immediate needs of the organization while HRM strategic plans are long-term plans that align HRM with the overall strategic goals. Recruitment and selection is the most important area of HRM.
1. HR Plans vs. HRM Strategic Plans
Human resource planning (HRP) and human resource management (HRM) strategic planning are two critical processes that organizations use to manage their workforce. Although often used interchangeably, there are significant differences between these two concepts.
HR plans are short-term plans that focus on the immediate needs of the company. These plans typically address specific issues such as recruitment, training, and performance management.
HR plans and HRM strategic plans are both important processes that organizations use to manage their workforce. While they share some similarities, they have different focuses and scopes, with HR plans addressing immediate needs and HRM strategic plans aligning with the overall strategic goals of the organization.
2. Important Areas of HRM
There are several areas of focus in HRM that are critical to the success of any organization. These areas include recruitment and selection, training and development, performance management, compensation and benefits, and employee relations.
In my opinion, recruitment and selection is the most important area of HRM. This is because an organization's success is heavily dependent on the quality of its workforce. By recruiting and selecting the right candidates, an organization can ensure it has a talented and capable workforce that can achieve its goals.
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Businesses have no control over this environment
Answers
1) Alpha Beta Gamma Inc. (ABC Inc.) sells organic fruit juice in the Indian market. Encouraged by the company's performance in the previous financial year, the top management wants to acquire another firm in the same market, Indian Juice Co. (IJC). The organic juice market in India has two more big players, Healthy Juice (HJ), and New World Beverages (NWB). However, the ABC Inc. management is worried that the takeover plan might be blocked by regulatory authorities, namely Competition Commission of India (CCI). You, as a newly hired consultant, have been tasked with the job to find out using the following information whether ABC Inc. should proceed with the acquisition plan or not (use both C4 and HHI concepts). ABC Inc.'s sales= Rs. 30 crores; IJC's sales= Rs. 20 crores; HJ's sales= Rs. 25 crores; NWB's sales = Rs. 20 crores; All other firm's sales= Rs. 5 crores. ABC Inc. will be legally obligated to pay IJC Rs 1 crore if the acquisition does not go through. Assume that an industry with HHI>2000 is considered highly concentrated.
Answers
To determine whether ABC Inc. should proceed with the acquisition plan or not, we can analyze the market concentration using the Concentration Ratio (C4) and the Herfindahl-Hirschman Index (HHI).
1. Concentration Ratio (C4):
The C4 is calculated by summing the market shares of the four largest firms in the market. In this case, the market shares are as follows:
ABC Inc.: Rs. 30 crores
IJC: Rs. 20 crores
HJ: Rs. 25 crores
NWB: Rs. 20 crores
C4 = ABC Inc. + IJC + HJ + NWB
C4 = Rs. 30 crores + Rs. 20 crores + Rs. 25 crores + Rs. 20 crores
C4 = Rs. 95 crores
Since there are no sales data provided for "all other firms," we assume their combined sales to be Rs. 5 crores. Therefore, the total market size is:
Total Market Size = C4 + All Other Firms
Total Market Size = Rs. 95 crores + Rs. 5 crores
Total Market Size = Rs. 100 crores
C4 as a percentage of the total market size is:
C4 Ratio = (C4 / Total Market Size) * 100
C4 Ratio = (Rs. 95 crores / Rs. 100 crores) * 100
C4 Ratio = 95%
2. Herfindahl-Hirschman Index (HHI):
The HHI is calculated by summing the squares of all market shares in the market. To calculate the HHI, we need to convert market shares to percentages.
Market Share Percentages:
ABC Inc. = (Rs. 30 crores / Rs. 100 crores) * 100 = 30%
IJC = (Rs. 20 crores / Rs. 100 crores) * 100 = 20%
HJ = (Rs. 25 crores / Rs. 100 crores) * 100 = 25%
NWB = (Rs. 20 crores / Rs. 100 crores) * 100 = 20%
HHI = (ABC Inc. %^2) + (IJC %^2) + (HJ %^2) + (NWB %^2)
HHI = (30%^2) + (20%^2) + (25%^2) + (20%^2)
HHI = 900 + 400 + 625 + 400
HHI = 2325
Based on the HHI scale, an HHI score above 2000 indicates a highly concentrated market.
Conclusion:
From the given information, the C4 ratio is 95%, indicating a high market concentration. Additionally, the HHI score is 2325, which also suggests a highly concentrated market. Both C4 and HHI measurements indicate that the market is highly concentrated.
Considering the potential regulatory concerns of the Competition Commission of India (CCI), ABC Inc. should carefully evaluate the implications of proceeding with the acquisition plan. The high market concentration may raise antitrust concerns and could potentially lead to regulatory challenges by the CCI.
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Swifty Racers makes bicycles. It has always purchased its bicycle tires from the Carla Vista Tires at $24 each but is currently considering making the tires in its own factory. The estimated costs per unit of making the tires are as follows: Direct materials $8 Direct labor $4 Variable manufacturing overhead $7 The company’s fixed expenses would increase by $68,000 per year if managers decided to make the tire. (a1) Calculate total relevant cost to make or buy if the company needs 10,800 tires a year.
Answers
To calculate the total relevant cost to make or buy tires, we need to consider the total cost of making the tires and compare it to the cost of buying them.
Buying the tires:
Cost per tire = $24
Total cost for 10,800 tires = $24 x 10,800 = $259,200
Making the tires:
Direct materials cost per tire = $8
Direct labor cost per tire = $4
Variable manufacturing overhead per tire = $7
Total variable cost per tire = $8 + $4 + $7 = $19
Total variable cost for 10,800 tires = $19 x 10,800 = $205,200
In addition to the variable costs, there are fixed costs associated with making the tires. The fixed expenses would increase by $68,000 per year if the company decided to make the tires. To calculate the total cost of making the tires, we add the variable costs and the fixed costs:
Total cost of making 10,800 tires = $205,200 + $68,000 = $273,200
Comparing the total costs:
Buying 10,800 tires = $259,200
Making 10,800 tires = $273,200
Based on these calculations, it is more expensive to make the tires than to buy them. Therefore, Swifty Racers should continue to purchase their bicycle tires from Carla Vista Tires.
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Shelley has been hired as a marketing specialist at a large, international firm. On Shelley's first day of work, she attends an orientation session. Which of the following is LEAST likely to be addressed during Shelley's orientation program?
a. Company policies and rules
b. Organizational structure
c. Daily and weekly task requirements
Answers
Answer: Daily and weekly task requirements
Explanation:
From the question, we are informed that Shelley has been hired as a marketing specialist at a large, international firm and that on Shelley's first day of work, she attends an orientation session.
The least likely to be addressed during Shelley's orientation program will be the daily and weekly task requirements. This is because this is really not important at the orientation.
There are other important things to talk about such as the organization Structure, company policies etc.