How can the concept of the prisoners’ dilemma be used to analyze
price competition?

Answers

Answer 1

The concept of the prisoners’ dilemma can be used to analyze price competition. The prisoners’ dilemma is a game theory scenario in which two parties acting in their own self-interest do not lead to the optimal outcome.

In price competition, businesses that are competing with one another may be tempted to lower prices to attract more customers, leading to a price war that can hurt all participants in the long run. This is similar to the prisoners’ dilemma scenario, where both parties end up worse off if they both choose the option that seems best for themselves.

The prisoners’ dilemma can be used to analyze price competition by demonstrating the importance of cooperation and communication between competitors.

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Related Questions

Dextra Computing sells merchandise for $10,000 cash on September 30 (cost of merchandise is $8,000). Dextra collects 9% sales tax. Record the entry for the $10,000 sale and its sales tax. Also record the entry that shows Dextra sending the sales tax on this sale to the government on October 15.

Answers

Answer:

1. Dr Cash $10,900

Cr Sales $10,000

Cr Sales Taxes Payable $900

2. Dr Cost of Goods Sold $8,000

Cr Merchandise Inventory $8,000

3. Dr Sales Taxes Payable $900

Cr Cash $900

Explanation:

1. Preparation of the journal entry to record the cash sale and 9% sales tax

Dr Cash $10,900

($10,000+$900)

Cr Sales $10,000

Cr Sales Taxes Payable $900

($10,000*9%)

(To Record the cash sale and 9% sales tax)

2. Preparation of the Journal entry to record the cost of September 30th sales

Dr Cost of Goods Sold $8,000

Cr Merchandise Inventory $8,000

(To Record the cost of September 30th sales)

Preparation of the journal entry to show Dextra sending the sales tax on this sale to the government on October 15

Dr Sales Taxes Payable $900

Cr Cash $900

($10,000*9%)

(Being the sales tax on the sale to the government on October 15)

Lancer Company uses the weighted-average(WA) method in its process costing system. The following data pertain to operations in the first processing department for a recent month:

Work in process, beginning:

Units in process ----------------------------------------------------------- 5,000

Percent completed with respect to materials…………………………… 90%

Percent completed with respect to conversion………………………… 80%

Cost in the beginning inventory:

Material cost ………………………………………………………………. $13,400

Conversion cost ……………………………………………………………. $ 8,200

Units started into production during the month …………………. ?

Units completed and transferred out during month ……………. ..........30,000

Costs added to production during the month:

Materials cost ………………………………………………………… $ 87, 800

Conversion cost ……………………………………………………… $ 93, 000

Work in process, ending:

Units in process …………………………………………………………… 4, 000

Percent completed with respect to materials……………………. 75%

Percent completed with respect to conversion…………………. 50%

How much is the unit cost per equivalent under the weighted average method?

A) $6.23

B)$3.07

C) $3.16

D) $6.40

Answers

The unit cost per equivalent under the weighted-average method is found to be $3.16.

Therefore, the correct answer is C) $3.16.

To calculate the unit cost per equivalent under the weighted-average method, we need to consider the costs added to production during the month, as well as the units started into production during the month.

First, let's calculate the equivalent units of production for both materials and conversion costs. To do this, we need to determine the equivalent units for the units in process at the beginning of the month, as well as for the units started and completed during the month.

For materials:
Equivalent units = (Units in process at the beginning of the month x Percentage completed) + Units started and completed during the month
              = (5,000 x 90%) + Units started and completed during the month

For conversion:
Equivalent units = (Units in process at the beginning of the month x Percentage completed) + Units started and completed during the month
              = (5,000 x 80%) + Units started and completed during the month

Now, let's calculate the total costs incurred during the month. We can add the material costs and conversion costs:

Total costs incurred during the month = Material costs + Conversion costs

Next, we can calculate the unit cost per equivalent for both materials and conversion:

Unit cost per equivalent for materials = Total costs incurred during the month / Equivalent units for materials
Unit cost per equivalent for conversion = Total costs incurred during the month / Equivalent units for conversion

Finally, we can calculate the weighted-average unit cost per equivalent by multiplying the unit cost per equivalent for materials by the percentage of completion with respect to materials, and adding it to the product of the unit cost per equivalent for conversion multiplied by the percentage of completion with respect to conversion.

Weighted-average unit cost per equivalent = (Unit cost per equivalent for materials x Percentage completed with respect to materials) + (Unit cost per equivalent for conversion x Percentage completed with respect to conversion)

After performing these calculations, the unit cost per equivalent under the weighted-average method is found to be $3.16. Therefore, the correct answer is C) $3.16.

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Property taxes are usually determined based on the property owner's income. the amount of money invested in the property. the earnings generated by the property. the value of the property.

Answers

Answer:

D) Value of property

Explanation:

ddddddddddddddddddddddddddddddddddd

Property taxes are generally calculated or depending on the property's value.

The mill levy is multiplied by the property's value of the property at the time to determine property taxes. The assessed value is an assessment of your home's fair market worth. It is based on the current situation of the local real estate market.

So, Option "D" is the correct answer to the following question.

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Which of the following is an example of a worker who has work/life balance
conflicts?
O A. A woman refuses to answer emails from the office when she is
not working
B. A man has missed all his daughter's ball games because he works
too much.
C. A woman has her office emails forwarded to a coworker while on
vacation.
D. A man receives notifications when he gets a new email at the
office,

Answers

Answer:

A man has missed all his daughter's ball games because he works

too much.

Explanation:

seems like it

Answer:

A man has missed all his daughter’s ball games because he works too much

Explanation:

A p e x

The Monetary Policy of Tazi is controlled by the country's central bank known as the Bank of Tazi. The local unit of currency is the Taz. Aggregate banking statistics show that collectively the banks of Tazi hold 300 million Tazes of required reserves, 75 million Tazes of excess reserves, have issued 7,500 million Tazes of deposits, and hold 225 million Tazes of Tazian Treasury bonds. Tazians prefer to use only demand deposits (checking accounts) and hold no currency in their wallets.Assume that banks desire to continue holding the same ratio of excess reserves to deposits. What is the reserve ratio for Tazian Banks?

Answers

The reserve ratio for Tazian Banks is 4% if banks desire to continue holding the same ratio of excess reserves to deposits.

Monetary Policy is a policy adopted by the Central Bank to regulate the availability, cost, and use of money and credit. The central bank is responsible for formulating and implementing monetary policy. Monetary policy is one of the macroeconomic stabilization policies utilized by governments to stabilize their economies. Monetary policy is used to control the supply of money in circulation, the availability and cost of credit, and the level of interest rates as well as ensuring that there is sufficient money in circulation.

The reserve ratio is the portion of deposits that banks are required to keep in the form of reserves with the Central Bank. It is a fraction of deposits that banks must hold in reserve, either in their vaults or on deposit at a Central Bank. It is the sum of the mandatory reserves and excess reserves.

Reserve Ratio for Tazian Banks:

Required Reserves = 300 million Tazes

Excess Reserves = 75 million Tazes

Deposits = 7,500 million Tazes

Excess Reserve Ratio = Excess Reserves / Deposits

Excess Reserve Ratio = 75 / 7,500

Excess Reserve Ratio = 0.01

The excess reserve ratio is 0.01, so the desired reserve ratio is (1 + 0.01) = 1.01

Reserve Ratio = Required Reserves / Deposits

Reserve Ratio = 300 / 7,500

Reserve Ratio = 0.04

The Reserve Ratio for Tazian Banks is 4%.

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Statistical discrepancy, which by definition represents errors and omissions

A. cannot be calculated directly.

B. is calculated by taking into account the balance of payments identity.

C. probably has some elements that are honest mistakes, it cannot all be money laundering and drugs.

D. all choices are correct.

Answers

The correct answer is D. all choices are correct.

The statement "Statistical discrepancy, which by definition represents errors and omissions" implies that the statistical discrepancy includes errors, omissions, and potentially other factors. Let's break down the options:

A. cannot be calculated directly: This is true because the statistical discrepancy is typically derived as the difference between two independent measures or estimates, and it cannot be directly observed or calculated.

B. is calculated by taking into account the balance of payments identity: This is also true. The balance of payments identity is an accounting framework that ensures all international transactions are recorded accurately. The statistical discrepancy is calculated by comparing the actual measurements of international transactions with the theoretically derived balance of payments identity.

C. probably has some elements that are honest mistakes, it cannot all be money laundering and drugs: This statement suggests that the statistical discrepancy may include honest mistakes, errors, and omissions, rather than solely being attributed to illegal activities such as money laundering or drugs. This is a valid point, as the statistical discrepancy can arise from various sources, including measurement errors, incomplete reporting, misclassifications, and other factors.

Therefore, all choices (A, B, C) are correct, as they highlight different aspects related to the calculation and nature of the statistical discrepancy.

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during the 1920s and 1930s, many of the world's nation-states put formidable trade barriers in place. what was the main reason behind these actions? multiple choice question. to enhance their ability to trade with foreign countries to encourage domestic business to consider international trade to protect domestic industries from foreign competition to implement a first-mover advantage

Answers

The main reason behind these was to consider the international trade.

What is international trade?

The exchange of money, goods, and services across international boundaries or regions is a result of a need or desire for certain commodities or services. In most countries, such commerce represents a considerable share of the GDP (GDP). International trade has always existed, but during the past few centuries, its importance to the economy, society, and politics has increased. Comparatively speaking to local trade, doing business globally is a difficult process. Modern trade between countries with different economic positions has been facilitated and legitimized by international economic organisations like the World Trade Organization. Governmental statistical agencies, intergovernmental and transnational statistics services, and supranational organizations all release official data on international trade.

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preventive maintenance is generally scheduled on the basis of: multiple choice planned inspections. all of the choices. number of operating hours. none of the choices. passage of time.

Answers

The Correct answer to the above query is all of the choices.

Preventive maintenance is generally scheduled on the basis of a combination of factors, including planned inspections, the number of operating hours, and the passage of time. This approach allows maintenance teams to identify potential issues before they become more serious and to ensure that equipment is operating at peak efficiency. By regularly conducting preventive maintenance, organizations can reduce the likelihood of equipment failure and costly downtime.

Preventive maintenance is a proactive approach to maintaining equipment and facilities. It involves regularly scheduled inspections and servicing to prevent potential failures and ensure that equipment is operating at peak efficiency.

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Harris tree owns and operates a gaming center and completed the following transactions during April 2021, its first month of operations. Journalize the transactions

Answers

Recording the date, the accounts you're debiting or crediting from, and a short description of the transaction itself are all parts of keeping track of all your commercial transactions, or journalizing them.

How do you Journalize and post transactions?

A business transaction is journalized when it is recorded in accounting records. Maintaining records calls for commitment and knowledge, especially for accountants. Every business process is documented chronologically in a journal, commonly referred to as a Book of Original Entry.

Identifying the account as well as the type of account is the first step. Choosing whether each account increases or decreases is the second stage. The third step is to journalize the transaction. Accumulated depreciation is the entire amount of depreciation and amortisation that has been applied to an asset since it was first used.

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During the sprint, what scrum value must the team demonstrate to achieve the goal?.

Answers

The commencement Team commits to achieving its goals and to supporting one another. Their primary focus is on the work of Sprint to form the simplest attainable progress toward these goals.

The commencement Team and its stakeholders are open concerning the work and, therefore, the challenges. Scrum Masters ought to be fearless about removing impediments that weigh down the team's progress. The 5 commencement values are commitment, focus, openness, respect, and courageousness.

Scrum team members should be committed to success and be willing to form realistic goals and continue them. However, 'focus' is the worth shown once a team sets the goal of delivering the foremost essential feature before continuing on to consecutive.

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When a nation exports a good, its surplus increases, and when it imports a good, its surplus increases.a) consumer; consumerb) producer; producerc) producer; consumerd) consumer; producere) total; producer

Answers

Option d: When a nation exports a good, its consumer surplus increases, and when it imports a good, its producer surplus increases.

Importing goods increases both producer surplus and total national surplus.

Surplus is the amount of resources or goods available compared to the amount actually used. Income, earnings, capital, and products are just a handful of the many items that may be considered surplus. Unsold inventory on the shelves is called surplus.

When you cover your expenses and get your income, you end up with a budget surplus. Governments can also have a budget surplus if additional tax revenue remains after all programs are fully funded.

Having extra stuff is not always a good thing. For example, a manufacturer that overestimates future demand for a particular product may produce an excessive number of unsold units.  

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Complete question:

When a nation exports a good, its ________ surplus increases, and when it imports a good, its________ surplus increases.

A) consumer; consumer

B) producer; producer

C) producer; consumer

D) consumer; producer

E) total; producer

how should the organization keep track of the number of candy bars ordered and the number sold​

Answers

This is your genuine answer
how should the organization keep track of the number of candy bars ordered and the number sold

_______________ are a comprehensive tool, especially since it would cost our society so much to prosecute and allow a trial for every individual that committed a crime.

Answers

Answer:

"Plea bargains" would be the correct approach.

Explanation:

The mechanism by which a convicted criminal as well as lawyer arrive at a mutually agreeable conclusion of such a criminal proceeding needs to be approved by the judge. It is indeed a deal during which the offender seeks to make a reduced case guilty verdict and indeed the complainant offers to dismiss an even more severe punishment.

Which of the following situations best describes a business combination to be accounted for as a statutory merger?
a. Both companies in a combination continue to operate as separate but related, legal entities.
b. Only one of the combining companies survives and the other loses its separate identity.
c. Two companies combine to form a new third company, and the original two companies are dissolved.
d. One company transfers assets to another company it has created.

Answers

Only one of the combining companies survives and the other loses its separate identity. describes a business combination to be accounted for as a statutory merger. The correct option is B

A statutory merger refers to a business combination whereby only one of the combining companies survives, and the other loses its separate identity. In other words, one of the two companies combines with and is absorbed by the other company, which continues to operate as a single entity after the combination.

In the case of a statutory merger, the surviving company records the assets and liabilities of the combined companies, including any goodwill that might have arisen in the combination. The resulting entity is also responsible for any contingent liabilities and warranties that may exist at the time of the merger.

The purpose of a merger is to combine resources, expertise, and operations to achieve economies of scale, diversify business activities, and improve overall performance. Companies that participate in a statutory merger must follow Generally Accepted Accounting Principles (GAAP) to account for the combination accurately. The correct option is B

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Explain the role of entrepreneurship in society

Answers

Answer:

Entrepreneurship plays an influential role in the economic growth and standard of living of a society. As a startup founder or small business owner, you may think that you are simply working hard to build your own business and provide for yourself and your family.

economists view pollution as an economic problem that arises because a. firms that pollute do not pay the full social cost of producing their output. b. the level of pollution declines as the economy grows. c. private enterprises always minimize the amount of pollution produced. d. profitable firms rarely pollute.

Answers

Economists view pollution as an economic problem that arises because:

A. firms that pollute do not pay the full social cost of producing their output.What is pollution?

It is the process by which toxic substances are introduced into the environment which cause damage to health and nature.

Within companies, it is the sum of the resources used to produce a good or social cost.  When these are not paid for, natural resources are used, which is when environmental pollution occurs; in addition, the large production of inputs allows companies to consume more goods and services, such as the exploitation of natural resources.

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What does a fresh, modern interior and clear sense of style LEAST affect when a
new customer walks into a salon?
(1 point)
a tone
a price point
an expectation
a standard

Answers

Option B. A fresh, modern interior and clear sense of style least affect the price point when a new customer walks into a salon.

What does a fresh, modern interior and clear sense of style LEAST affect when a new customer walks into a salon?

The price point typically reflects the cost of the salon's services and products and is determined by various factors such as the location, level of expertise of the staff, quality of products used, and other overhead costs.

While a stylish and modern salon interior can influence a customer's perception of the salon, it is unlikely to affect the price point of the services offered.

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An airline promotion to business travelers is based on the assumption that two-thirds of business travelers use a laptop computer on overnight business trips.
a.) state the hypotheses that can be used to test the assumption.
h0:p
ha:p
b.) what is the sample proportion from an american express sponsored survey that found 365 of 543 business travelers use a laptop computer on overnight business trips (to 2 decimals)?
c.) what is the p-value (to 4 decimals)?

Answers

The answers of the airline promotion questions are: a)  H0: p Ha: p ≈ 0.67 The significance level, α=0.05. b) = 0.67 c) p-value = P(z>0) = 0.5000

There is insufficient data to conclude that more than two thirds of business travelers utilize laptop computers when on overnight business trips. Promotion includes a wide range of activities aimed at increasing public awareness or advancing a product. When referring to a career, promotion is raising a worker's rank or position within a hierarchical system. Promotion, as used in marketing, describes raising interest in a product through marketing or a lower price. It can include increasing an employee's position, spreading word about certain product bargains, or generating interest in undervalued stocks. In the marketing industry, they are routinely given. The most frequent usage of the phrase is in reference to a work promotion.

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how to make money online without paying anything 2020

Answers

Answer:

you could sell stuff online for no cost.

Explanation:

81) When a seller advertises an item at a low price but once in store pushes a similar item at a higher price, the seller is participating in: A) price fixing B) price discrimination C) psychological pricing D) predatory pricing E) bait and switch.

Answers

Answer:

E) bait and switch

Explanation:

BAIT AND SWITCH can be defined as a way in which a seller use advert of a low price to deceive and attract customers to their shop in which the products or item advert by seller is not available in order to sell similar or separate product to the customer at a higher price instead of selling the same product with a low price advertised by the seller.

Example a seller may advert a quality Italian shoe with a low price of $50 in order to deceive a buyer or customers to their place of business by then selling a similar product of shoe that looks like the one advertise by them to the customer at a higher price of $300.

Can someone please help me with this
Assignment 4R
(20 points)
Assignment 4R: Career Development
Instructions
Save this file in your course folder, and name it with Assignment, the assignment letter, the section number, and your first initial and last name. For example, Jessie Robinson's assignment 1R for Section 1 would be named Assignment1RJRobinson.
Type the answers to the assignment questions below. Use complete sentences unless the question says otherwise. You will have more than one day to complete an assignment. At the end of each day, be sure to save your progress.
Review Lesson 4 of the Course Overview for instructions about turning in your assignments.
Assignment Questions
In Section 4, you learned about career development. Now, you'll apply what you learned.
1. Describe an example of a task that it might make sense for a company to outsource. (1-2 sentences. 2.0 points)
2. Describe three things that you think are important for a company to include in its personnel policies. (1-3 sentences. 1.5 points)
3. Describe at least three pieces of information you would include when writing a job description. (1-3 sentences. 1.5 points)
4. Describe two methods you would use to find potential employees if you were in charge of advertising a job for a company. Explain why you would use these methods for advertising the job. (1-2 sentences. 3.0 points)
5. Describe at least two methods you would use to identify job opportunities if you were looking for a job. Explain why you would use these methods for job seeking. (1-2 sentences. 3.0 points)
6. Write your answers to at least three of the Lesson 2 questions on the What You Want from Your Life page. (1-3 sentences. 3.0 points)
TIP: Separately, you can write out a vision statement for yourself. Since it's personal, you don't have to turn in your vision statement, but you should turn in your answers to at least three of the questions about what you want from your life.
7. Describe a career you would like to have, and explain how you could get started and then advance in that career. (1-3 sentences. 3.0 points)
8. Which part of the online job application was easiest for you to complete? Which section was the most difficult? Give at least one example of work experience, education, or special skills that you included in the application. (2-5 sentences. 3.0 points) CAUTION: To protect your privacy, make sure you don't list the names of specific places where you've worked or gone to school.

Answers

Answer:

1. Describe an example of a task that it might make sense for a company to outsource. (1-2 sentences. 2.0 points)

Customer support, also known as phone support, is the best example of a task that makes a lot of sense to outsource in a corporation. Even if the costs can be large, there are several parts where hiring, having office space and training, and paying taxes on support representatives are not. It makes sense because it is the most effective way to outsource a business to provide a better service to the customer..

2. Describe three things that you think are important for a company to include in its personnel policies. (1-3 sentences. 1.5 points)

Human resources professionals are responsible for keeping personnel policies for the organizations for which they operate up to date. These policies regulate how a company is run, from recruiting and firing to sexual harassment and other types of workplace discrimination.New workers are given personnel policies to study, and they are often asked to sign a statement stating that they have reviewed and understand the policies. Policies and processes differ from one organization to the next, but some elements are shared.

3. Describe at least three pieces of information you would include when writing a job description. (1-3 sentences. 1.5 points)

Where they live, where they came from, and who to contact if anything bad happens are all mentioned under the heading details.Workplace Environment: Be aware of what is going on around you and ensure that it is secure for employees.They should have three or four skills: Being willing to complete the job that has been assigned to them.

4. Describe two methods you would use to find potential employees if you were in charge of advertising a job for a company. Explain why you would use these methods for advertising the job. (1-2 sentences. 3.0 points)

I would recruit for attitude and then train for skills using employee referral systems. When it comes to hiring, the employees can be a reliable source of information. They have acquaintances and colleagues who work in the same area. Create a policy that allows employees to refer qualified applicants for open positions within the organization. Since skills can be learned, a smart recruiter can look for attitude when hiring workers. The best applicant should have a positive attitude about a job that requires the necessary skills, which is difficult to come by in most cases. As a recruiter, the approach to use here is to find someone who has a good attitude about a work advertisement.

the set of business activities that adds value to products and services sold to consumers for their personal or family use is referred to as

Answers

The set of enterprise sports that provides fee to services and products bought to clients for his or her non-public or own circle of relatives use is mentioned as retailing.

The required details for retailing in given paragraph

Retail is the sale of items and offerings to clients, in evaluation to wholesaling, that is sale to enterprise or institutional customers. A retailer purchases items in big portions from manufacturers, without delay or thru a wholesaler, after which sells in smaller portions to clients for a profit. Retailers are the very last hyperlink in the deliver chain from manufacturers to clients. Retail markets and stores have a completely historic history, relationship again to antiquity. Some of the earliest shops had been itinerant peddlers. Over the centuries, retail stores had been converted from little greater than "impolite booths" to the state-of-the-art buying department shops of the current era. In the virtual age, increasingly shops are looking for to attain broader markets with the aid of using promoting thru a couple of channels, such as both bricks and mortar and on line retailing. Digital technology also are affecting the manner that clients pay for items and offerings. Retailing guide offerings may encompass the supply of credit, shipping offerings, advisory offerings, stylist offerings and quite a number different helping offerings.

Most current shops generally make a selection of strategic level selections such as the sort of store, the marketplace to be served, the optimal product assortment, consumer service, helping offerings, and the store's standard marketplace positioning.

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When there are many people seeking the same job, this is known as a _____ of workers.
PLS DONT GUSSSS!!!!!!!!!
consumer
demand
projection
surplus

Answers

Answer:

surplus

Explanation: A surplus is a group of people searching for the same job.

Answer:

surplus

Explanation:

While washing his hands before the client consultation with Chloe, Jayden dripped some water onto the countertop. When he came back later to wipe it up, it had evaporated. What happened to the drops of water?

Answers

Answer:

they changed their state to a gas

Explanation:

Remember, the three basic states of matter are;

solid,liquid,and gas.

So, as the time when Jayden dripped some water onto the countertop, they were in a liquid state. However, due to the heat present in the atmosphere, these drops of water escaped (evaporated) into the gaseous form (i.e they became water vapor).

how have the careers grown due to c0vid 19

Answers

Answer:

They haven’t

Explanation:

Due to C0VID 19 numerous companies have been forced to shut down throughout the nation and therefore suggesting that the only companies that are growing are the ones whom benefit from other company shutdowns, if a lumber is currently producing over three tons of lumber per day and the lumber next to it is producing six tons. If the one of those mills shut down the other will gain the business that the previous mill had and possibly be able to also produce more lumber due to a more increased number in resources

NICK LEESON / BARINGS BANK
How were the issues resolved

Answers

The issues surrounding Nick Leeson and Barings Bank were resolved through a series of actions.

Barings Bank faced financial insolvency, leading to its collapse. The Bank of England intervened to prevent a complete failure and appointed an administrator. Barings Bank was subsequently sold to the Dutch bank ING Group, which allowed for the continuation of certain operations.

Nick Leeson was arrested, convicted of fraud and forgery, and sentenced to prison. The case highlighted the need for improved risk management and stricter controls in the banking industry. It led to reforms and greater scrutiny of risk practices, internal controls, and corporate governance within financial institutions to prevent similar incidents in the future.

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Status quo is staying safe with the way an individual makes decisions, and their decision process stays the same.a. true
b. false

Answers

The status-quo trap is staying safe with the way an individual makes decisions, and their decision process stays the same is true

Is status quo good or bad?When making an important choice, people are more likely to pick the option that maintains things as they are currently. A status quo bias minimizes the risks associated with change, but it also causes people to miss out on potential benefits that might even outweigh the risksThe Status Quo is the current state of affairs. It's how things are done. Often we hear that “we've always done it this way.” Other times we're waiting for a better way to come along. To question the status quo, we ask “what if” and “why not.”Status quo is a Latin phrase meaning the existing state of affairs, particularly with regard to social, political, religious or military issues. In the sociological sense, the status quo refers to the current state of social structure and/or values

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Consider two industries: automobile dealers and new car dealers. New car dealers would have more digits in its NAICS code than automobile dealers.
A. True B. False
27] According to the 1956 study by Bain, profit rates tend to be higher in industries with
A. higher entry barriers and higher concentration.
B. lower entry barriers and lower concentration.
C. higher entry barriers and lower concentration.
D. lower entry barriers and higher concentration.

Answers

The statement that new car dealers would have more digits in their NAICS code than automobile dealers is false. According to the 1956 study by Bain, higher profit rates are associated with higher entry barriers and higher concentration.

Consider two industries: automobile dealers and new car dealers. The statement that new car dealers would have more digits in its NAICS code than automobile dealers is FALSE (option B). The number of digits in the NAICS code is not indicative of the specific industry but rather represents different levels of classification within the NAICS system.

According to the 1956 study by Bain, profit rates tend to be higher in industries with higher entry barriers and higher concentration (option A). This means that when there are significant obstacles for new firms to enter the market and a smaller number of dominant firms in the industry, profit rates tend to be higher. These conditions create a more favorable environment for existing firms to maintain their market power and generate higher profits.

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Taxes are the difference between? gdp and consumer spending. gdp and disposable income. gdp and net exports. consumer spending and saving.

Answers

Answer:

GDP and disposable income

The Colvilles are buying a new car. The cash price is $35,000.00. They will make a down payment of 20% or $5,000. The balance will be covered by an installment loan. The loan will be repaid in 48 monthly payments of $651. The annual percentage rate for the loan is ____

%. (Round your answers to two decimal places.)

Answers

1.07% will be the Annual Percentage for the Colvilles.

What is a payment?

A payment is when one entity voluntarily offers wealth, its counterpart, or other valuables to someone else in consideration of the other campaign's products or services, to satisfy a contractual obligation or both.

The cash price of Colvilles for buying is $35,000.00

The down payment will be 20% or $5,000

The number of months with which the loan will be repaid = 48 monthly payment

Monthly payments are $651

The balance on the loan = 35,000.00 - 5,000

= 30,000

The interest paid over the life of the loan  = per month payment × time period - Payment

Loan = 651 × 48 - 30,000 = 1,284

The Annual Percentage Rate will be

= \((\frac{128}{30000*48}) *12 *100\\\)

=  1.07%

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