If a salesperson sells 34 pairs of jeans, 126 t-shirts, and 40 jackets, what fraction of the total number of items sold do the jackets represent? Reduce the fraction.

The reasons for the existence of monopolies are Ownership of a key resource, Government law,  Ownership of a key resource, Economies of scale, Network results, and Product differentiation.

A monopoly is a marketplace situation where there is simplest one vendor of a terrific or provider and no close substitutes available for purchasers. Monopolies are generally unwanted due to the fact they could price high prices, restrict output, and reduce client surplus and social welfare.

There are one-of-a-kind reasons why monopolies may additionally exist, however, they all contain a few forms of barrier to entry that stops other corporations from competing with the monopolist. Here are 5 possible motives for the existence of monopolies:

Ownership of a key resource: A corporation that has unique manipulation or possession of a key resource this is crucial for the production of an excellent or service can establish a monopoly by way of proscribing get right of entry to that resource. For example, De Beers had a monopoly over the global diamond marketplace for decades as it managed most of the sector’s diamond mines and distribution channels.

Government law: The authorities can create or guard a monopoly by means of granting prison rights or privileges to a single company or a group of firms to provide a terrific service. This may be completed through patents, copyrights, logos, licenses, franchises, subsidies, price lists, quotas, or other rules that restrict the opposition. For instance, many public utilities inclusive of water, power, gasoline, and telecommunications are natural monopolies that can be regulated through the government to save you abuse of marketplace power.

Economies of scale: A firm can attain a monopoly if it may produce at a decreased common fee than its capability competition because of large-scale production. This is also referred to as a natural monopoly as it arises from the inherent characteristics of the industry as opposed to external elements.

A herbal monopoly can experience increasing returns to scale, which means that its average price decreases as its output increases. This makes it difficult for new entrants to compete with the incumbent company because they could incur higher expenses at lower tiers of output. For example, railways, pipelines, and cable networks are regularly herbal monopolies due to the fact they require big constant prices and large infrastructure to operate.

Network results: A company also can come to be a monopoly if it benefits from network consequences, which means that the value of its proper or provider will increase as more people use it. This creates a wonderful comments loop that attracts greater customers and discourages switching to alternative products or services. Network consequences can result from technological compatibility, standardization, interoperability, or social impact.

For instance, Microsoft had a monopoly over the non-public computer running system marketplace for decades because maximum software program packages and hardware gadgets were designed to run on Windows, making it extra handy and well-suited for users.

Product differentiation: A organization can also create a monopoly by presenting a completely unique or advanced product or service that has no close substitutes inside the marketplace. This may be finished via innovation, branding, advertising, consumer loyalty, or satisfaction. A product differentiation monopoly can charge a top-class charge for its products or services and enjoy excessive earnings margins.

However, this sort of monopoly is generally greater at risk of competition than different kinds because new entrants can imitate or surpass its services or products over time. For example, Apple had a monopoly over the telephone market for some time because it supplied a progressive and different product (the iPhone) that appealed to many clients.

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Answer:

b) $1.08/square foot

Explanation:

The sales per square foot will be the net sales/total square feet.

Net sales :

promotional items = sales - returns- discount

=$1,401 - $214 -  $159

=$1028

Staple items = sales -returns

= $2,306- $178

=$2,128

Other items

= $2,298- $56

=$2,242

Total net sales = $1028 + $2,128 + $2,242

=$5,398

The sales per square foot of selling space will be

=$5,398/5000

=$ 1.079

=$1.08

To add criteria to the query and return only the records where the value in the "credits" field is greater than 120 and less than 130, you can use the following SQL statement:

sql
SELECT *
FROM table_name
WHERE credits > 120 AND credits < 130;
Here's a step-by-step explanation of the SQL statement: 1. `SELECT *` is used to select all columns from the table. You can replace `*` with the specific columns you want to retrieve if needed. 2. `FROM table_name` specifies the name of the table you are querying. Replace `table_name` with the actual name of the table you are working with.

3. `WHERE credits > 120 AND credits < 130` is the criteria that filters the records based on the "credits" field. It checks if the value in the "credits" field is greater than 120 and less than 130. By adding this criteria to the query, only the records that meet the specified conditions will be returned. You can adapt this SQL statement to your specific database and table names.

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Th answer to your question is that a key insight of macroeconomics is that the combined effect of individual decisions may be very different from what any one individual intended. In other words, the actions of individual economic agents, such as consumers and producers, can have unintended consequences on the broader economy.

However, it is important to note that the answer is more nuanced than a simple "beneficial" or "detrimental" characterization. While individual decisions may have unintended consequences, they can also lead to positive externalities or negative externalities, depending on the situation. For example, a consumer's decision to purchase an electric car may have positive externalities by reducing carbon emissions and improving air quality. On the other hand, a producer's decision to cut costs by polluting a nearby river may have negative externalities by harming the environment and public health.

Therefore, macroeconomics seeks to understand the aggregate effects of individual decisions on the economy as a whole, taking into account both intended and unintended consequences, as well as positive and negative externalities.

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Answer:

\(\large\colorbox{white}{File her income taxes}\)

Explanation:

\(\large\colorbox{orange}{ɪ ʜᴏᴘᴇ ɪᴛ ʜᴇʟᴘs}\)

\(\large\colorbox{lime}{Xxᴊᴀsʜ13xX}\)

Given that the consumer has a utility function given by `u = x1 * x2` and is facing a budget constraint `p1 * x1 + p2 * x2 ≤ I`.We are to derive the Marshallian demand functions for `x1` and `x2` and determine how much of each good will the consumer purchase if `I = 8`, `p1 = 1` and `p2 = 4`.Solution:The consumer’s problem is to maximize their utility function `u = x1 * x2` subject to the budget constraint `p1 * x1 + p2 * x2 ≤ I`.The Lagrangian function `L` is given by;`L = x1 * x2 + λ [I − p1 * x1 − p2 * x2]

`Differentiating the Lagrangian function with respect to `x1`, `x2` and `λ` we get;`∂L/∂x1 = x2 − λp1 = 0`    …..(1)`∂L/∂x2 = x1 − λp2 = 0`    …..(2)`∂L/∂λ = I − p1 * x1 − p2 * x2 = 0`   …..(3)Solving the above equations for `x1`, `x2` and `λ` gives the Marshallian demand functions.`x1 = I/(2 * p1)` and `x2 = I/(2 * p2)`Therefore, the demand functions for x1 and x2 are given by;x1 = I/(2 * p1)     …..(4)x2 = I/(2 * p2)     …..(5) Substituting the given values, `I = 8`, `p1 = 1` and `p2 = 4` into equations (4) and (5) above;x1 = 8/(2 * 1) = 4x2 = 8/(2 * 4) = 1 The consumer will purchase `4` units of `x1` and `1` unit of `x2` if `I = 8`, `p1 = 1` and `p2 = 4`.

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1) Wages were paid for $600 on Sep 1:

Debit: Wages Expense - $600

Credit: Cash - $600

2) A sale of goods on account was made for $500 on Sep 5:

Debit: Accounts Receivable - $500

Credit: Sales Revenue - $500

Note: It is assumed that the company uses a single accounts receivable account to track all customer balances.

3) Equipment was purchased for $4,000, half on account and half in cash on Sep 7:

Debit: Equipment - $4,000

Credit: Accounts Payable - $2,000 (purchased on account)

Credit: Cash - $2,000 (paid in cash)

Below are the T accounts showing the effect of the transactions:

Wages Expense          |    Cash

------------------------+----------------

           600                      |             600

Accounts Receivable  |   Sales Revenue

------------------------+----------------

           500                       |            500

Equipment                     |  Accounts Payable  |     Cash

------------------------+-----------------------+----------------

         4,000                    |              2,000                |     2,000

Please note that the T accounts are simplified representations and do not include any existing balances or other transactions that may have occurred.

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The journal entry of all the accounts in their respective debit and credit side is shown in the attached image below.

A journal entry is a record of a business transaction in accounting. It is the first step in the accounting process, where financial transactions are initially recorded before being transferred to the general ledger.

The purpose of journal entries is to provide a chronological record of transactions and their impact on the accounts. They serve as the basis for creating financial statements and analyzing the financial position and performance of a business.

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The image of the complete question is attached below.

Answer: Monopolies use patents, mergers, and acquisitions to obtain industry dominance and ... prices can become significantly higher than in a competitive market. ... are back under the AT&T umbrella, the breakup is still considered a great success. ... using mobile technology to disrupt the cost structures of the telecom companies.

The question asks which statement is NOT correct regarding trading securities. The options provided are related to the accounting treatment of trading securities.

Option (b) is NOT correct regarding trading securities. A share in the profit of the investee does not increase the carrying value of the investment.

Let's analyze the other options:

a. Unrealized holding gains or losses are reported in profit or loss: This statement is correct. Under the fair value method of accounting for trading securities, any unrealized gains or losses are recognized in the profit or loss statement.

c. These are classified as current assets: This statement is correct. Trading securities are typically classified as current assets on the balance sheet because they are actively traded and expected to be sold within a short period.

d. Cash dividends shall be recognized as dividend income: This statement is correct. When a company receives cash dividends from its trading securities, it is recognized as dividend income in the profit or loss statement.

Therefore, the statement in option (b) is the one that is NOT correct regarding trading securities.

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Answer and Explanation:

The computation of the equilibrium wages and the number of workers in each industry is as follows:

Since the supply of labor is 6,000

As per the attached graph, the common rate is $8 per hour so if we take 2000 workers in industry A and 4000 workers in industry b  

So, the equilibrium wage would be $8

Hence, the same would be considered and relevant too

Answer:

C)The impacts of price changes in the market for smartphones

Explanation:

Macroeconomics is concerned with the decisions, performance, and behavior of the entire economy. It studies how a country allocates and distributes limited resources to different sectors of the economy. Macroeconomics analyses key economic indicators of unemployment, inflation, incomes, and the GDP growth rate.

The Government uses data from macroeconomic to formulate national economic strategies.  Price changes in the market for smartphones affect one sector but not the entire economy. Microeconomics is the branch that deals with decisions affecting single markets.

The equation T = П / 100 relates each person's dividend income (T) to the firm's total profit (П), distributing profit equally among the 100 individuals.

The consumer's budget constraint, c + w - T = 1, constrains consumption (c), wage income (w), and dividend income (T), while the maximization problem aims to optimize utility subject to the budget constraint. Firm maximization problem and equilibrium price w are not provided.

The equation T = П / 100 represents the relationship between each person's dividend income (T) and the firm's total profit (П). Since there are 100 people in the economy, the total profit is divided equally among them, resulting in each person's dividend income being equal to the total profit divided by 100.

The consumer's budget constraint, c + w - T = 1, defines the limitations on the individual's consumption (c), wage income (w), and dividend income (T). It states that the sum of consumption, wage income, and dividend income should equal 1 unit of time available to each individual, indicating that all income must be allocated between consumption, leisure, and other expenses.

The consumer's maximization problem involves maximizing the utility function u(c, l) = 0 ln(c) + (1 - 0) ln(l), where c represents consumption and l represents leisure. The objective is to find the combination of consumption and leisure that maximizes the individual's utility, subject to the budget constraint. By solving this problem, the optimal levels of consumption and leisure can be determined.

The information provided does not include the maximization problem of the firm, which would involve determining the optimal combination of inputs (capital and labor) to maximize output or profit based on the Cobb-Douglas production technology given.

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Answer:

2 unit

Explanation:

The break-even point is that point at which a business makes no profit after settling all the necessary fixed cost for the period. It is the point preceding profit making at which costs are recovered

It is calculated by dividing the fixed costs with the sales revenue less the variable cost per unit of an item.

Workings

Fixed cost = 200

Selling price = 150

Variable cost = 50

Break even point = 200/(150-50)

=2 units

Any sales below this ends up in a loss as the fixed cost will not be fully recovered.

Answer:

Hi there!

For accounting treatment , accounts are broadly classified into three types as personal account , real account and nominal account or fictitious account. They are as follows:

The account which is related with a person or organization ( entity ), is termed as personal account. Here person means natural persons like Anna , Olivia , James etc and organization represents the artificial persons created by law. The rule for debit and credit for personal accounts is ;

Debit : The receiver

Credit : The giver

The account which is related with assets or property is known as real account. Land and building , plant and machinery, and furniture and fixtures are the examples of the real account. Properties or assets are either incoming or outgoing from the organization. The rule for real account is ;

Debit : What comes in

Credit : What goes out

The account which is related to expenses or loss and income or gain is known as nominal account. Rent , wages , salary , discount , interest and commission are the examples of nominal account. The rule of nominal account is;

Debit : the expenses or losses

Credit : the income or gains

Hope this helps..

Best regards!!

Explanation:

3 Different types of accounts in accounting are Real, Personal, and Nominal Account. Real account is then classified into two subcategories – Intangible real account, Tangible real account. Also, three different sub-types of Personal account are Natural, Representative, and Artificial.

PERSONAL ACCOUNT:

These accounts types are related to persons. These persons may be natural persons like Tom’s account, Sam’s account, etc.

These persons can also be artificial persons like partnership firms, companies, bodies corporate, an association of persons, etc.

There can be personal representative accounts as well.

Rule for this Account

REAL ACCOUNT:

These account types are related to assets or properties. They are further classified as Tangible real account and Intangible real accounts.

1.Tangible Real Accounts

These include assets that have a physical existence and can be touched. For example – Building A/c, cash A/c, stationery A/c, inventory A/c, etc.

2.Intangible Real Accounts

These assets do not have any physical existence and cannot be touched. However, these can be measured in terms of money and have value. For Example  – Goodwill, Patent, Copyright, Trademark, etc.

Real Account Rules

NOMINAL ACCOUNT:

These accounts types are related to income or gains and expenses or losses. For example: – Rent A/c, commission received A/c, salary A/c, wages A/c, conveyance A/c, etc.

Rules

There are some other accounts in accounting as well:

Cash Account – This account is used for keeping the records of payments done by cash, withdrawals, and deposits.

Income Account – The Purpose of this account is to keep the record of the income sources of business.

Expense Account – This account tracks the expenditure of the business.

Liabilities – If there is any debt or loan then that amount comes under liabilities.

Equities –  If there is an investment of the account owner or common stocks, retained earnings then these will fall under equities.

It should be noted that usual purpose of an R-chart is to signal whether there has been a change in the percent defective in a sample.

An R-chart can be regarded as a type of control chart, which helps to know about change in the percent defective in a sample.

It is used to monitor the process variability and this is done at regular intervals from a process.

Therefore, option option B is correct because, with R-chart we can know whether there has been a change in the percent defective in a sample.

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Answer: The pay offered and if she’ll be able to afford the lifestyle she wants at that location.

Explanation: yes

There are two occupations that Marci could accept. One is for a young public relations professional in a large city, the income provided, and whether she will be able to afford the lifestyle she wants there.

Public relations (PR) is the activity of organizing and distributing information to the general public from an individual or an organization (such as a company, a governmental body, or a nonprofit organization) in an effort to change that person's perception. Publicity is different from public relations in that publicity is not under internal control and is generated by third parties.

Public relations can be used by a business or individual to reach out to their audiences with news stories and issues of general interest without asking for money up front.

Much of the publicity comes from the media. This distinguishes it as a type of marketing communications from advertising. Instead of spending money on marketing or advertising, public relations seeks to generate or receive publicity for clients in the form of earned media.

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Answer:

$64,111

Explanation:

The computation of the project’s expected net operating profit after taxes for the year is shown below:-

Earning before interest and tax is

= earnings before interest, taxes, depreciation, and amortization - depreciation and amortization expense

= $123,884 - $25,252

= $98,623

Profit After tax = Earning before interest and tax × (1 - Tax rate)

= $98,623 × (1 - 35%)

= $64,111

Therefore we have applied the above formula to reach the profit after tax.

The conflict of interest involving Nike, the NFL, and Colin Kaepernick is that Nike has a contract with Kaepernick as their brand ambassador, while the NFL had blackballed Kaepernick from the league after he took a knee during the national anthem to protest racial injustice and police brutality against Black people in America.

The NFL has a partnership with Nike to be the exclusive provider of uniforms and sideline apparel for all NFL teams, which created a tricky situation since Kaepernick's protest took place during the playing of the national anthem before games.

The NFL was facing backlash from fans and even the President of the United States for allowing Kaepernick and other players to kneel during the anthem, which they saw as a form of disrespect to the American flag and the military.

This led to Kaepernick not being signed to any NFL team for the past few seasons, which was widely believed to be a result of his activism and peaceful protest.

However, Nike's decision to make Kaepernick the face of their "Just Do It" campaign in 2018, with the tagline "Believe in something. Even if it means sacrificing everything," reignited the conversation around Kaepernick's protest and sparked new debate around the intersection of sports and politics.

Nike's move was seen as bold and controversial, but also as a smart business decision that aligned with the company's values and appealed to its target audience of young, socially conscious consumers.

In conclusion, the conflict of interest involving Nike, the NFL, and Colin Kaepernick stems from their overlapping business relationships and divergent political views on issues of racial justice, police brutality, and freedom of expression.

While Nike has chosen to embrace Kaepernick's activism as a marketing strategy, the NFL has tried to distance itself from his protest to avoid alienating its fan base and damaging its brand image.

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To record the payment and coverage of the two-year insurance premium, the following journal entry would be made:

Prepaid Insurance $1,920

Cash $1,920

The payment of the two-year insurance premium is initially recorded as a debit to Prepaid Insurance and a credit to Cash. Prepaid Insurance is an asset account that represents the amount paid for insurance coverage that has not yet been used. By debiting Prepaid Insurance, we increase the asset account to reflect the payment made. The credit to Cash represents the outflow of cash from the company. This transaction does not directly affect the Insurance Expense account. Insurance Expense is typically recorded gradually over the coverage period as the prepaid amount is allocated and recognized as an expense each month or accounting period. Since the coverage begins on July 1 of the current year, the prepaid amount will be gradually recognized as an expense over the two-year period.

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Hereditary is not a controllable risk factor because all diseases can be avoided by adopting a healthy lifestyle.

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Given :

An angle 10 16' 15".

To Find :

The given angle into degrees.

Solution :

We know, 1° = 60' and 1' = 60".

Now,

\(15" = (15\times \dfrac{1}{60})^{'}\\\\15"= \dfrac{1}{4}^{'}=0.25^{'}\)

Now,  total minutes are :

(16 + 0.25)' = 16.25'

Converting 16.25' to degrees.

\(16.25^{'} = 16.25\times \dfrac{1}{60} ^o\\\\16.25^{'} = 0.271^o\)

Therefore, angle in degree is ( 10+0.271 )° = 10.271° .

Answer:

Mediation

Explanation:

Because there is misunderstanding,mediation is done because it is the act of resolving problem( also known as arbitration)

Answer:

mediation and arbitration

Explanation:

got a 100 on my quiz

Intensive distribution is a method of product distribution that aims to make a product available in every store where potential buyers might look to buy it.

By utilizing all possible outlets, intensive distribution strives to provide saturation coverage of the market. Total sales are frequently linked to the number of outlets used (e.g., cigarettes, beer). A corporation may use an intensive distribution marketing plan to try to sell its goods from a small vendor to a large retailer. Selling more products is intensive distribution's main objective. By utilizing all accessible outlets, intensive distribution  aims  to provide saturation coverage of the market .The focus on consumer convenience is typically what motivates this strategy. For example, items like a bag of chips or a Coke must be easily available for people to purchase them.

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Answer:

D. limits on the government's role in the economy.

Explanation:

Free market enterprise refers to the economic model where demand and supply forces determine the products and services in the market and their prices. In this model, sellers have the freedom to select what business they want to start. Buyers have the option of picking their preferred products or services from many competing suppliers.

In a free market enterprise like the USA economy, the government's role is limited to regulation. The government may get involved in the provision of essential services and public goods.  To a large extent, the free market economy is in the profit-motivated,  private sector.

Answer: D. Limits on the governments role in the economy

Explanation: I just took the test on a pe x

Public relations (PR) refers to the strategic communication efforts by an organization to build and maintain positive relationships with its various stakeholders, including the public, customers, employees, investors, and the media. The goal of PR is to shape public perception, enhance reputation, and create a favorable image of the organization.

Companies use various PR tools and techniques to effectively communicate with their target audiences. Some common PR tools include:

In the context of unfavorable publicity, when a company faces negative or unfavorable publicity, it is crucial to respond promptly and effectively. Here are some steps an organization can take to deal with negative publicity:

The plan of corrective action may vary depending on the specific situation, but it generally involves a combination of immediate actions to mitigate the negative impact, long-term strategies to rebuild trust and reputation, and ongoing efforts to monitor and manage the company's image and communication.

Overall, effectively managing unfavorable or negative publicity requires transparency, timely communication, genuine concern for stakeholders, and a proactive approach to address the issue and prevent its recurrence in the future.

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Typically, there are two chains of command in a matrix organisational structure system: one that follows functional lines and the other that follows project lines.

There are often two chains of command, with project team members answering to two managers or supervisors—typically a functional leader and a project manager—in a normal organisation. One chain of command follows functional lines, while the other follows project, product, or client lines.

This is how a matrix typically works. When one functional area is primarily responsible for carrying out the project or has a vested interest in its success, the projectized type of project management organisation is frequently utilised.

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Answer : Monopolistic competition

Answer:

Monopolistic Competition

Explanation:

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