Answers
Answer:
a.both demand and supply
Explanation:
equilibrium can only be attained if supply and demand are at balance (favourable)
Related Questions
Which of the following characteristics does NOT usually apply to process operations?
A. Each unit of product is separately identifiable.
B. Partially completed products are transferred between processes.
C. Each process is a separate department.
D. A separate Work in Process Inventory is used for each process.
E. Costs are computed using equivalent units.
Answers
Firms position products based on which of the following? (Choose every correct answer.)
a. Salient attributes
b. Psychographics
c. Symbols
d. Value
e. Demographics
Answers
Firm's position products are based on the value proposition, salient attributes, symbols, and competition.
The process of establishing a new product's position in consumers' eyes is known as product positioning. It involves examining the market and the positions of the competitors, determining where a new product stands in comparison to the competition, and promoting the product image of a specific brand.
Companies can use product positioning to make their products stand out and be known by employing communication channels, pricing, or product quality.
Brands need to get to know their customers in order to develop products that respond to their needs. A well-planned strategy can pinpoint this product's place in the market and its advantages for customers.
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the law of contract is not the whole law of agreement nor is it the law of obligation.comment
Answers
The answer is, Law of Contract is the law of only those agreements where the parties to the contract have the intention to create obligation to do or not to do something.
This means that, The law of contracts solely governs obligations that result from agreements; it is unconcerned with responsibilities that do not.
For instance, agreements do not create a duty to support a wife and children.
Contract law?Contract law must be followed during the creation, enforcement, and finalization of all legal agreements and contracts. Everyone who does business must at some point or another deal with contract law. Contracts are a frequent instrument that both companies and clients employ.
Contracts, and what kinds are there?Contracts can be unilateral, bilateral, contingent, voidable, explicit, implied, executed, and executory, among many other different types. It may be broadly classified based on the quasi-contract.
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Your friend Stan owns a coffee shop in a monopolistically competitive industry. One day, Stan tells you (an economist) that he is earning an economic profit and is setting his price equal to his marginal cost. Is Stan producing the profit-maximizing amount of coffee? What should he do?
Answers
In a monopolistically competitive industry, each firm has some control over the price it sets due to product differentiation.
Stan mentioned that he is earning an economic profit and setting his price equal to his marginal cost. To determine whether he is producing the profit-maximizing amount of coffee, we need to consider a few factors.
1. First, let's understand the relationship between price, marginal cost, and profit maximization. In a competitive market, profit maximization occurs where marginal cost equals marginal revenue. However, in monopolistic competition, firms have some market power, so the profit-maximizing quantity occurs where marginal cost equals marginal revenue, not price.
2. Setting the price equal to marginal cost does not necessarily guarantee profit maximization. If Stan's price is equal to marginal cost, it means that he is covering his variable costs, but it does not take into account his fixed costs. To maximize profit, Stan should set his price above marginal cost, considering both variable and fixed costs.
3. If Stan is currently earning an economic profit, it suggests that he may not be producing the profit-maximizing amount of coffee. In monopolistic competition, firms tend to have excess capacity, meaning they produce less than the quantity that would minimize average total cost. By increasing his output, Stan may be able to reduce his costs and increase his profit.
Considering these factors, here are a few suggestions for Stan:
- Conduct a cost analysis: Stan should evaluate his fixed and variable costs to understand the full picture of his expenses. By knowing his costs, he can set a more informed price and determine the profit-maximizing quantity.
- Consider demand elasticity: Stan should also assess the price elasticity of demand for his coffee. If demand is relatively elastic, a small price increase may result in a significant decrease in quantity demanded, potentially reducing his profits. On the other hand, if demand is inelastic, Stan may be able to increase his price without a significant drop in sales.
- Experiment with pricing: Stan could consider experimenting with different prices to find the optimal point that maximizes his profit. By monitoring customer response to different prices, he can identify the price that generates the most revenue while covering his costs.
By taking these steps and considering the unique characteristics of monopolistic competition, Stan can better position his coffee shop for long-term success and profitability.
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What is true of people who are motivated by the need for achievement?
Answers
What is true of people who are motivated is: They want fair and balanced feedback, both negative and positive
What is Motivation?Motivation can be defined as the process of driven someone to achieve their goals and objectives.
When people are motivated they tend to perform better on their job. Some people who need motivation in order to achieve a goal will tend to desire a both negative and positive fair and balanced feedback as this will help to know their lapses and how when they are doing.
Therefore they want fair and balanced feedback, both negative and positive
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CONCILIACIONES BANCARIAS
Answers
Answer:
ehejejeuywnfwwjwjwhwjegegjshshstehshstejeheteyejuw7yo was a member in its first two seasons of its own and the first team in its history to win the world series 65in 2of 2in 3733333inches the world cup is in its second season as a team that
1. Why is running a Website typically lesa
expensive than running a storefront business?
Answers
Answer:
storefront businesses mean electricity bills, water bills, employee payments, while a website you usually pay one fee and get paid.
Shawn goes to the library to pick up a copy of a common tax form used file taxes. Which of the following is MOST likely the form that Shawn got?
1099
W-2
1776
1040
Answers
Answer:
Shawn would choose form 1040 filing tax form.
Explanation:
The answer is D.) 1040
I got a picture of the answer.
Hope this helps!
The Fed threw a lot of money at the financial crisis in 2008 to unfreeze credit markets and encourage economic activity. As part of its effort to keep the interest rate low, the Fed purchased government bonds worth $300 billion between March and September 2009. By October, the Fed held $770 billion in government securities, nearly double its pre-crisis total. Before the crisis, the Fed held mainly government securities, which it used to control the quantity of money in the economy. Now government securities make up just 35% of the Fed's balance sheet.
Explain how the Fed uses its government securities to control the nominal interest rate
When the Fed purchases government securities, bank reserves ______ and bank deposits ______.
A. increase; increase
B. decrease; increase
C. decrease; decrease
D. increase; decrease
Answers
Answer:
D. increase; decrease
Explanation:
$2200; increased; 300
Pastor Malachi received $55,000 in ministerial earnings: $38,500 salary for ministerial services,
$2,750 for performing weddings, and $13,750 excluded parsonage allowance. He incurred
$7,000 of unreimbursed expenses connected with his ministerial earnings: $5,500 related to his
ministerial salary and $1,500 related to the weddings performed as self-employed. What is
Pastor Malachi's deductible amount of unreimbursed expenses?
Answers
Pastor Malachi's deductible amount of unreimbursed expenses, given the excluded parsonage allowance, and the ministerial earnings, is $ 1, 125.
How to find the deductible amount of unreimbursed expenses?First, find the non deductible portion for Pastor Malachi's earnings as:
= Excluded parsonage allowance / Ministerial earnings x Earnings as self - employed
= 13, 750 / 55, 000 x 1, 500
= $ 375
Then, the deductible amount of unreimbursed expenses would be:
= Earnings from self - employment - non deductible portion
= 1, 500 - 375
= $ 1, 125
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Excom sells radios and each unit carries a two-year replacement warranty. Typically, 5% of the radios sold need to be replaced costing Excom $30 per radio. During September, Excom sold 700 radios for $48 each. For what amount in September would Excom debit Product Warranty Expense? Round your answer to the nearest whole dollar.
Answers
Answer:
The amount in September would Excom debit Product Warranty Expense is $805
Explanation:
According to the given data In order to calculate the amount in September would Excom debit Product Warranty Expense we would have to make the following calculation:
Product warranty expense = 700 radios * 5% * cost per radio $23
Product warranty expense =35*$23
Product warranty expense =$805
The amount in September would Excom debit Product Warranty Expense is $805
Tracy is the only outfitter renting stand-up paddle boards at the lake near her cottage and is considered a monopolist. The demand curve for stand-up paddle board rentals is given by P = 75 –0.5Q, and the marginal cost is MC = 2Q. Assume that ATC at the profit-maximizing output is $12.50. Tracy's average profit is:
Answers
Tracy being a monopolist, she can set her price above the marginal cost in order to maximize profits., Average profit = Profit per unit x Q = $50.00 x 25 = $1,250.00
Setting marginal revenue (MR) equal to marginal cost (MC) is necessary to determine the quantity that maximizes profits (MC). By calculating the demand equation's derivative with respect to Q and multiplying it by Q, we may determine the MR equation. This results in: When we simplify MR = (75 - Q) - 0.5Q, we get: MR = 75 - 1.5Q When we set MR equal to MC, we obtain: 75 - 1.5Q = 2Q, Q can be solved for to yield: Q = 25 Thus, 25 rentals of stand-up paddle boards is the output level that maximizes profits. We can add this quantity back into the demand equation to determine the price Tracy will charge: Tracy as a monopolist will charge $62.50 for each stand-up paddle board rental since P = 75 - 0.5Q, P = 75 - 0.5(25), and P = $62.50. We can now determine Tracy's average profit. Average profit is computed by deducting price (P) from average total cost (ATC), and multiplying the result by the quantity that maximizes profits (Q). ATC = $12.50 (provided in the question) (given in the question) Profit per unit = P - ATC = $62.50 - $12.50 = $50.00 Average profit = Profit per unit x Q = $50.00 x 25 = $1,250.00 Therefore, Tracy's average profit is $1,250.00.
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What is Supply Chain?
Answers
Answer:
Hello, I'm here to help you.
Explanation:
Supply Chain: Is a network between a company and its suppliers to produce and distribute a specific product or service.
define bank run in your own words.
Answers
Answer:
A bank run occurs when a large number of customers of a bank or other financial institution withdraw their deposits simultaneously over concerns of the bank's solvency. As more people withdraw their funds, the probability of default increases, prompting more people to withdraw their deposits.
explain the role of Information technology in the Supply chain industry with examples
Answers
Information technology in the supply chain helps in speeding up the business process and prevents obstacles.
A supply chain is the process of manufacturing and selling goods. It includes the supply of raw materials, manufacturing products, distribution, and selling to consumers.
Information Technology (IT) plays a very important role in supply chain management. Data is very crucial for the execution of the supply chain, as it supplies information based on which the management can take a decision.
Information technology has helped companies in the on-time procurement of goods and helps in meeting the needs of consumers.
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Magnificent Blooms is a florist specializing in floral arrangements for weddings, bo graduations, and other events. Magnificent Blooms has a fixed cost associated with space and equipment of $100 per day. Each worker is paid $50 per day. The daily production § function for Magnificent Blooms is shown in the accompanying table. © Macmil Submit All Quantity of labor (workers) 0 1 2 3 4 5 a. Calculate the marginal product of each worker. Quantity of floral arrangements 0 5 9 12 14 15 Marginal product Quantity of labor (workers) 1 2
Answers
The marginal product of each worker for Magnificent Blooms is as follows: Worker 0: N/A: Worker 1: 5: Worker 2: 4: Worker 3: 3: Worker 4: 2: Worker 5: 1
To calculate the marginal product of each worker for Magnificent Blooms, we need to determine the change in the quantity of floral arrangements resulting from each additional worker.
Here's how to calculate the marginal product for each worker:
Worker 0: Since there are no workers (0 workers), the quantity of floral arrangements is 0. Therefore, the marginal product for worker 0 cannot be calculated.
Worker 1: The quantity of floral arrangements with 1 worker is 5. To calculate the marginal product for worker 1, we subtract the quantity of floral arrangements with 0 workers from the quantity with 1 worker: 5 - 0 = 5.
Worker 2: The quantity of floral arrangements with 2 workers is 9. To calculate the marginal product for worker 2, we subtract the quantity of floral arrangements with 1 worker from the quantity with 2 workers: 9 - 5 = 4.
Worker 3: The quantity of floral arrangements with 3 workers is 12. To calculate the marginal product for worker 3, we subtract the quantity of floral arrangements with 2 workers from the quantity with 3 workers: 12 - 9 = 3.
Worker 4: The quantity of floral arrangements with 4 workers is 14. To calculate the marginal product for worker 4, we subtract the quantity of floral arrangements with 3 workers from the quantity with 4 workers: 14 - 12 = 2.
Worker 5: The quantity of floral arrangements with 5 workers is 15. To calculate the marginal product for worker 5, we subtract the quantity of floral arrangements with 4 workers from the quantity with 5 workers: 15 - 14 = 1.
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what are 2 branches of classical viewpoint of management
Answers
Answer:
As a result, the classical management theory developed from efforts to find the “one best way” to perform and manage tasks. This school of thought is made up of two branches: classical scientific and classical administrative, described in the following sections.
The stock style box classifies individual stocks by growth, value, and core.
The stock mutual fund style box classifies individual stocks by value, growth,
and blend. These are often referred to as the equity style box. Together, the
vertical and horizontal axes can be used to classify a mutual fund into 1 of _______categories.
Answers
Together, the vertical and horizontal axes can be used to classify a mutual fund into 1 of nine categories.
The stock style box classifies individual stocks by growth, value, and core. The stock mutual fund style box classifies individual stocks by value, growth, and blend. These are often referred to as the equity style box. Together, the vertical and horizontal axes can be used to classify a mutual fund into one of nine categories.
The nine categories are large growth, large blend, large value, mid-cap growth, mid-cap blend, mid-cap value, small growth, small blend, and small value. It is common for investors to use the style box to classify mutual funds, which provides a useful way to understand the risk and return characteristics of an investment.The style box is divided into three parts, the vertical axis, the horizontal axis, and the grid that is formed by these two axes.
The vertical axis represents a market capitalization scale and can be divided into three categories: large-cap, mid-cap, and small-cap. The horizontal axis represents a value versus growth scale and can also be divided into three categories: value, blend, and growth.
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What is the meaning of 50k in 2018?
Answers
Answer:
50,000
Explanation:
i hope it helped ya <3
4. Labour Institutions Act(10MKS)
Outline five reasons that may make it necessary for a government to regulate wages of
employees in the country.
Answers
Answer:
Reduce discrimination. Reduce exploitation. Reduce inequality/ poverty. Increase productivity. Economic growth.Explanation:
It is necessary for the government to regulate wages because some companies might take advantage of little regulation to get away with many unjust and unethical actions as they chase profits or due to personal bias.
Without government regulation, there would be wage disparity between races and genders so regulation reduces that. Exploitation will also be reduced because companies will not take advantage of unemployment rates to make workers overwork themselves to keep their jobs.
Regulated wages will reduce inequality in social classes as well as poverty rates as people will be paid closer to what they deserve.
Regulated wages will also lead to improved productivity as people will be more encouraged when they are working knowing they are getting paid appropriately so they will work harder.
With people being paid appropriately, they will be able to afford more goods and invest more savings which will lead to growth in the economy.
Jones Ice Cream Stand is operated by Mr. Jones and experiences different sales patterns throughout the year. To plan for thefuture, Mr. Jones wants to determine its cost behavior patterns. He has the following information available about the ice creamstand's operating costs and the number of soft serve cones served
Using the high- low method , the fixed cost for a month are?
MONTH NUMBER OF ICE CREAM CONES TOTAL OPERATING COST
APRIL 800 950
MAY 825 975
JUNE 1125 1000
JULY 2000 1250
AUGUST 1500 1875
SEPTEMBER 900 1500
A) 2,200
B) 750
C) 300
Answers
Answer:
B) 750
Explanation:
The computation of the fixed cost using the high-low method is as follows:
But before that the variable cost per unit should be determined
Variable cost is
=[ ($1,250 - $950) ÷ (2000 - 800)]
= $0.25 per ice cream
Now the fixed cost is
= [$1,250 - ($0.25 × 2000)]
= $750
hence, the option b is correct
Three individuals, Mary, Jack and Helen, make up the total demand for donuts per month in a particular market.
Mary’s demand curve is 5P = 5000 – 1.25QM. Jack’s demand curve for donuts is given by P = 1000 – 0.5QJ.
Helen’s demand curve is given by QH = 2000 – 2P. The market demand curve would be:
Answers
The market demand curve would be 1000 - 0.125Q.
How to calculate the demand curve?It should be noted that the market demand curve will be the sum of the individual demand curve.
The market demand curve will be calculated thus. Mary’s demand curve is 5P = 5000 – 1.25QM. Here, p = 1000 - 0.25QM
Jack’s demand curve for donuts is given by P = 1000 – 0.5QJ. Helen’s demand curve is given by QH = 2000 – 2P. This will be P = 1000 - 0.5QH.
The slope will be:
= 0.5 × 0.25
= 0.15
The demand function of Jack and Helen are the same. The demand curve will be 1000 - 0.125Q.
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An investor receives $1,100 in one year in return for an investment of $1,000 now. Calculate the percentage return per annum with: (a) Annual compounding (b) Semiannual compounding (c) Daily compounding (d) Continuous compounding
Answers
On a timeline, a goal that will be achieved in ____ years will be to the left of one that will be achieved in ____ years.
A. 9; 6
B. 6; 3
C. 9; 3
D. 6; 9
Answers
On a timeline, a goal that will be achieved in __6__ years will be to the left of one that will be achieved in __9__ years.
Whewn will the goal be acheived?By considering a timeline, the goals and events that will be completed in a larger duration are arranged further to the right, whereas those with a lesser duration of time will be placed on the nearer left side.
Hence, an objective that needs six years for accomplishment must be set off before one that needs nine years for fulfilliment. Accordingly, answer D is the sole option wherein the first number (6) lies earlier than the second number (9).
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The change in technology and the globalization have brought new pattern of organizing
today's companies, and thus, the managers need to consider these new concepts in
organization's design process. With this statement, discuss the emerging issues in
organization design and architecture.
Answers
Following are the emerging issues in organization design and architecture:Technology and Globalization, Customer Relations,Technical Knowledge, Flexibility, Employee's Well-being.
Following are the emerging issues in organization design and architecture:
Technology and Globalization: The modern era's rapid technology and globalization have forced the organizations to adopt a new pattern of organizing. Managers are focusing more on technology and globalization and they are ensuring that the company can cope with the emerging challenges.Customer Relations: Customers are the major driving force in every business. To maintain the customer base, the managers need to focus on customer relations as the organization's design process should be centered around their needs. This will help the managers in creating a company that provides excellent customer service to its customers.Technical Knowledge: The success of an organization depends on the technical knowledge of its managers. Managers need to have knowledge about new and emerging technologies so that they can use them to enhance the organization's capabilities. In addition, managers need to know how to apply this technical knowledge to improve the organization's structure and operations.Flexibility: Flexibility is a crucial component in the organization's design process. The managers need to design the organization that is flexible enough to adapt to new changes and technologies. This will help the managers in keeping up with the rapidly changing business environment.Employee's Well-being: The well-being of employees is also a significant issue in the organization's design process. The managers need to design the organization in a way that the employees can work efficiently, and their personal needs are also met. This will help in improving the employee's productivity and motivation level and ensure their loyalty to the organization.For more such questions on Globalization
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Exercise 12.7 Cash dividends, stock dividends, and share splits L.O. 4
Answers
Answer:
Exercise 12.7 Cash dividends, stock dividends, and share splits L.O. 4
What is one of the primary concerns of socially responsible consumers?
A. Customer service
B. Low price
C. Socialism
D. Sustainability
Answers
One of the primary concerns of socially responsible consumers is sustainability.
Who is a socially responsible consumer?A socially responsible consumer is a consumer who cares about the social impact that the products he buys have on the world around him.
It is to be noted that socially responsible consumers avoid products that they think harm society. Instead, they buy goods and services from companies that they believe do a better job of taking care of the world.
Hence, One of the primary concerns of socially responsible consumers is sustainability.
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On January 1, 2023, the Tamarisk Company budget committee reached agreement on the following data for the six months ending June 30, 2023:
1. Sales units: First quarter 4,900; second quarter 6,000; third quarter 7,300 2. Ending raw materials inventory: 40% of the next quarter's production requirements 3. Ending finished goods inventory: 25% of the next quarter's expected sales units 4. Third-quarter production: 7,500 units The ending raw materials and finished goods inventories at December 31, 2022, had the same percentages for production and sales that are budgeted for 2022. 3 kilograms of raw materials are needed to make each unit of finished goods. Raw materials purchased are expected to cost $4 per kilogram.
Question: Prepare a direct materials budget by quarters for the six-month period ended June 30, 2023.
Answers
The final raw material and finished goods inventories at the end of 2020 had the same production and sales percentages as those planned for 2020.
Each kilogramme of finished goods requires 3 kilogrammes of raw materials to manufacture. The estimated cost of raw materials is $4 per kilogramme.
Make a production budget for the six-month period ending June 30, 2021, broken down into quarters.
Sales units: 4,900 in the first quarter, 6,000 in the second, and 7,300 in the third quarter. Ending raw materials inventory: 40% of the following quarter's sales units. The following information for the six months ending June 30, 2023, was agreed upon by the Tamarisk Company budget committee on January 1, 2023: 1. Units of sales First . The Tamarisk Company budget committee agreed on the following on January 1, 2023.
information for the six months ended June 30, 2023:
First quarter: Starting inventory = 5,100 multiplied by 25%
Initial stock = 5,100 * 0.25
Starting stock is $1,275.
Desired final stock = 6,100
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công cụ phân tích chuẩn tắc
Answers
Answer:
vbncocjhhbjjbbbbbvhfdxx nnghjk
Explanation:
gbcjbcbnvvo
Since graduating from college five years ago, you have worked for a national chain of men's clothing stores. You have held several positions within the company and are currently manager of a local branch store.
Over the past three years, you have observed a pattern in the purchases of men's suits. You establish that the majority of men's suit purchases are black, brown, blue, gray, and olive. You also noticed that French cuff shirts are now fashionable, but few stores carry a wide color selection. Because you have always wanted to be in business for yourself, you decide to open a shop that will sell suits that are black, brown, blue, gray, and olive and to carry a wide array of colors of French cuff shirts. Your store will also sell fashionable ties and cuff links. You have decided that your store will brand itself for focusing on men's fashion; therefore, the name for your store will be "The Style Shop." You have discussed your plan with a number of people in the industry, and they believe your idea is a viable one and have encouraged you to pursue your dream of becoming an entrepreneur.
A new upscale outdoor shopping mall is opening nearby, and you have decided that now is the time to take the plunge and go into business for yourself. After developing a comprehensive business plan that includes marketing strategies and financial projections, you decide to open The Style Shop in the new mall.
One of the things you must decide in the process of transforming your idea into reality is the form of ownership for your new business. Should it be organized as a sole proprietorship, a partnership, or a corporation? What advantages or disadvantages are there to each choice? What do you think of the proposed name for the business, The Style Shop? use the chart below to organize your thoughts.
Business Entity Advantages Dis-Advantages
Sole Proprietorship
Partnership
Corporation
Answers
Explanation:
Sole Propietorship:
Individual ownership is a form of business that is facilitated, where there are not so many rules and formalities and taxes are paid on the company's income. In this business model, there is a single owner of the enterprise who manages the business and is the only one responsible for the company's debts and profits.
The advantages are: low opening cost, low taxes, greater control, easier selling
The disadvantages are: greater liability for debts, less attraction for investors
Partnership:
A partnership is a business model where two or more people come together to open a new business together. Which means sharing responsibilities arising from the business.
The advantages are: less formality than a limited partnership, more simplified accounting, shared responsibilities, easier opening that can be agreed in writing.
The disadvantages are: conflicts over business disagreements, personal conflicts can hinder business, lack of stability, debt sharing
Corporation:
A company is a legal entity, which separates itself from its owners and acquires its own legal responsibility.
The advantages are: tax benefits, less personal responsibility, greater investment attraction, greater capital generation.
The disadvantages are: greater formalization, greater need for capital, greater inspection, greater payment of taxes, greater social and environmental responsibility.
What do you think of the proposed name for the business, The Style Shop?
The proposed name for the business should be a more specific name, as the name is very generic, there is no specificity that guarantees greater clarity about what the business offers and for whom. An ideal name should be more focused on your potential audience and easier to identify.