​In the market for used cars we have 10 sellers, willing to sell at the prices of $1000, $2000, $3000, $4000, $5000, $6000, $7000, $8000, $9000, $10000. What could the market price be in order to induce five sellers to offer their cars for sale?

Answers

Answer 1

Answer: $5001

Explanation:

It should be noted that sellers always seek to maximize profit when selling a product, therefore a seller will only be induced to sell only when offered a price that is above the price that they want to sell the car.

Therefore, we have to consider the price that is being offered by the seller as the minimum price. There are five sellers that wants to sell the car at prices of $1000, $2000, $3000, $4000, and $5000. Therefore, to sell the car a price of $5001 would induce the five sellers to offer their cars for sale.


Related Questions

4. During a slow business period, an associate sees a new hire having trouble answering a customer's questions. The customer is ready to leave. What should the
associate do?
O A. Step in and say, "Here, let me help," then ring the sale
OB. Approach them and ask, "Can I help answer any questions?
OC. Alert the manager that the new hire needs help
D. Watch without interrupting and advise the new hire after the customer leaves

Answers

In this situation, the most appropriate course of action for the associate would be to choose option B: Approach them and ask, "Can I help answer any questions?"

In this situation, the most appropriate course of action for the associate would be to choose option B: Approach them and ask, "Can I help answer any questions?" By approaching the new hire and offering assistance, the associate demonstrates teamwork and a willingness to support colleagues. This approach allows the new hire to handle the customer interaction directly, gain experience, and build confidence. However, the associate's presence and offer to help signal that they are available to step in if needed. Interrupting the interaction completely, as in option A, may undermine the new hire's ability to learn and handle customer inquiries independently. It is essential to strike a balance between providing support and allowing the new hire to develop their skills. Option C, alerting the manager, should be reserved for situations where the new hire is struggling consistently or if the customer's concerns are not being addressed. It is generally more effective to offer immediate assistance before involving higher-level management. Option D, watching without interrupting and advising the new hire afterward, misses the opportunity to salvage the customer's experience in real-time. Addressing the customer's concerns promptly and preventing them from leaving is crucial for maintaining customer satisfaction and loyalty. In summary, approaching the new hire and offering assistance while the customer is still present (option B) strikes a balance between supporting the new hire and ensuring a positive customer experience.

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If a country engages in international trade to gain access to natural resources, they

Answers

Answer:

4578754445765567854456765455675567

Which component of the contract documents actually formalizes the contract and is signed by the Owner and the Contractor

Answers

Answer:

An agreement.

Explanation:

A contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation or enforceable by law.

Mutual assent is a legal term which represents an agreement by both parties to a contract. When two parties to a contract both have an understanding of the parameters, terms and conditions surrounding a contract, it ultimately implies that they are in agreement; this is generally referred to as mutual assent.

Hence, an agreement is a component of the contract documents which actually formalizes the contract and is signed by the Owner and the Contractor.

In the event of a breach of the contract by any of the parties involved (the owner or contractor), the contract agreement would be referred to for proper legal purposes.

Ronald asked his boss how to wax the floors, but he didn’t understand the answer. He should ______.

a.

wax the floors using what he already knows

b.

avoid waxing floors until he sees someone else do it

c.

ask for clarification on how to wax the floors

d.

complain to his boss’ supervisor



Please select the best answer from the choices provided


A

B

C

D

Answers

Answer:

C; ask for clarification on how to wax the floors

Explanation:

Ronald asked his boss how to wax the floors, but he didn’t understand the answer. He should ask for clarification on how to wax the floors. Thus, option 'C' is the correct option.

How does clarification improve communication?

Clarification in communication refers to conveying to the speaker the primary idea of what was just spoken, as perceived by the audience. As a consequence, the listener's comprehension is examined, and any discrepancies or misunderstandings are cleared up. Clarifying, as a follow-up to reflecting, reassures the speaker that the listener is making an effort to comprehend the messages they are delivering.

Asking questions or, on rare occasions, summarizing the speaker's remarks might help to clarify. To properly listen to people, we as leaders must ask clarifying questions. Asking for clarification is to elicit more details so that we can completely comprehend the sender's intended message, which is sometimes different from what they actually stated.

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teegan is in college and trying to decide her major for a bachelor’s degree. she wants to work in manufacturing. which job requires a bachelors degree?

repair technician
production worker
purchasing agent
filling machine operator

Answers

Answer:

purchasing agent is the right answer

Teenager in college who want to work in manufacturing that requires a bachelors degree will be a purchasing agent.

Who is purchasing agent ?

Purchasing agent is in charge of administration in a company or firm they are involved with purchased.

This individual can buy goods in his or her country to send to foreigners who are not resident in the country.

Therefore, Teenager in college who want to work in manufacturing that requires a bachelors degree will be a purchasing agent.

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A borrower questions the amount of the "Notary/Signing Fee" appearing on the settlement statement.

Answers

A borrower questions the amount of the "Notary/Signing Fee" appearing on the settlement statement. The Notary Signing Agent should: Recommend that the borrower contact the lender's representative before signing the documents.

What is a Notary Signing fee?

A notary signing fee is a fee paid to a notary public for their services in overseeing the signing of important documents.

Notary publics are required to be impartial witnesses to the signings of important legal documents. Their services are often necessary in real estate transactions, loan closings, and other legal matters.

Therefore, The Notary Signing Agent should recommend that the borrower contact the lender's representative before signing the documents if gotten questions on the amount on the notary documents.

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The complete question goes thus:

A borrower questions the amount of the "Notary/Signing Fee" appearing on the settlement statement. The Notary Signing Agent should:

Cori's Corporation, has a book value of equity of $14,130. Long-term debt is $8,150. Net working capital, other than cash, is $2,140. Fixed assets are $19,470 and current liabilities are $1,760.

How much cash does the company have?
Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.

What is the value of the current assets?
Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.

Answers

Answer: To calculate the amount of cash that the company has, we need to use the accounting equation:

Assets = Liabilities + Equity

We can rearrange this equation to solve for assets:

Assets = Liabilities + Equity

Assets = Long-term debt + Net working capital, other than cash + Fixed assets + Current liabilities + Book value of equity

Assets = $8,150 + $2,140 + $19,470 + $1,760 + $14,130

Assets = $45,650

Now, to find the amount of cash the company has, we need to subtract all the other assets from the total assets:

Cash = Assets - (Long-term debt + Net working capital, other than cash + Fixed assets)

Cash = $45,650 - ($8,150 + $2,140 + $19,470)

Cash = $15,890

Therefore, the company has $15,890 in cash.

To find the value of the current assets, we can add the net working capital, other than cash, to the current liabilities:

Current assets = Net working capital, other than cash + Current liabilities

Current assets = $2,140 + $1,760

Current assets = $3,900

Therefore, the value of the current assets is $3,900.

A publication's final deadline for supplying printing material for an advertisement is a ________________?
A. on sale date
B. Cover date
c. Closing date
D.Birth date

Answers

Answer:

c. Closing date

Explanation:

No advertisement is accepted for the next edition after the Closing Date.  For an ad to run after this date, the publisher has to issue written permission. Cancellations are also not accepted after this date. Unless otherwise agreed, clients are expected to make full payments for the ad by the end of the closing date.

The on-sale date is the day the issue is expected at the newsstand for customers to buy.

The positions of art director and editor are both supervisory ones.
True
False

Answers

That is False because a editor edits things.

Say you own an asset that had a total return last year of 17 percent. Assume the inflation rate last year was 3.6 percent. What was your real return?

Answers

The Fisher equation, which shows the exact relationship between nominal interest rates, real interest rates, and inflation, is:

(1 + R) = (1 + r)(1 + h)

r = [(1 + .17) / (1 + .036)] - 1

r = .12934, or 12.93%

 

An increase in the average price level of an economy over time is referred to as inflation. Money loses value as a result of inflation. Consumer price index (CPI) and producer price index are the two most used inflation indicators (PPI). The consumer price index tracks changes in the price of a typical market basket bought by an urban family each month, provided the same products are bought. When a basket of commodities costs more, inflation has occurred. The cost increase of the basket as a percentage is equal to the rate of inflation. When the products in the basket are cheaper, there has been deflation. It is critical to remember that some of the items may change in value more rapidly than the general rate of inflation.

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Read each statement about trademarks, trade secrets, copyrights, and patents, select the TWO True statements.

Select 2 correct answer(s)
Question 11 options:

Trade Secrets are confidential information which may be sold or licensed.


A Trademark protects a brand name.


A Patent is used to protect an original work, like music.


A Copyright is used to protect a company logo.

Answers

The two correct statements are

Trade Secrets are confidential information that may be sold or licensed.A Trademark protects a brand name.

What is a trade secret?

Any procedure or technique used by a firm that is often kept a secret from the public is considered a trade secret. The unlawful disclosure and use of sensitive information, often known as trade secret misappropriation, is subject to some legal protection.

The brand names and logos that are used on products and services are protected by trademarks. The purpose of a trademark is to safeguard items that help customers recognize a company in the marketplace, and logos are one of the most crucial identifying tools.

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Assume (1) estimated total manufacturing overhead cost = $100,000, (2) estimated total amount of the allocation base = 20,000 direct labor hours, (3) the total direct labor hours actually worked during the period = 21,700, and (4) the total manufacturing overhead actually incurred during the period is $103,000. What is the total amount of underapplied or overapplied overhead for the period?

Answers

Answer:

Explanation:

To determine the total amount of underapplied or overapplied overhead, we need to compare the estimated overhead cost with the actual overhead cost that was incurred, based on the actual amount of the allocation base that was used during the period.

First, we need to calculate the predetermined overhead rate:

Predetermined overhead rate = Estimated total manufacturing overhead cost / Estimated total amount of the allocation base

Predetermined overhead rate = $100,000 / 20,000 direct labor hours

Predetermined overhead rate = $5 per direct labor hour

Next, we can calculate the amount of overhead that should have been applied based on the actual amount of direct labor hours worked:

Applied overhead = Actual direct labor hours worked x Predetermined overhead rate

Applied overhead = 21,700 direct labor hours x $5 per direct labor hour

Applied overhead = $108,500

Finally, we can calculate the amount of underapplied or overapplied overhead:

Underapplied/Overapplied overhead = Actual manufacturing overhead incurred - Applied overhead

Underapplied/Overapplied overhead = $103,000 - $108,500

Underapplied/Overapplied overhead = -$5,500

Since the result is negative, we have an overapplied overhead of $5,500 for the period. This means that the actual manufacturing overhead incurred was less than the overhead that was applied based on the predetermined rate.

why do you think p2p apps have become so popular?

Answers

P2P payment apps are popular in the U.S. because they make the exchange of money easy. Nearly half (46%) of smartphone owners say they regularly use peer-to-peer payment apps. These apps offer convenience and flexibility when it comes to making payments.

what budgeting tips would you help to stay on track financially

Answers

someone famous stated this but i don’t know who.

it was something like
whatever i have in my bank account right now, i can only spend 10% of it on something

say i want to buy a house. i will only spend %10 of my total bank balance

Consider the following data. 42 45 32 27 38 12 32 The difference between the median and the mode is A. 2 B. 3 C. 1 D. 0​

Answers

The difference between the median and the mode is 0. Option D

To find the median, we need to first arrange the data in ascending order: 12, 27, 32, 32, 38, 42, 45. The median is the middle value, which in this case is 32.

To find the mode, we need to identify the value that appears most frequently in the data set. Here, 32 appears twice, which is more than any other value. Therefore, the mode is 32.

The difference between the median and the mode is simply the absolute value of their difference: |32-32| = 0. Therefore, the answer is D) 0.

In summary, to find the difference between the median and the mode, we need to first find the median by arranging the data in ascending order and identifying the middle value. Then, we need to identify the mode, which is the value that appears most frequently in the data set. Finally, we calculate the absolute value of their difference to find the answer. In this case, the difference is 0. Option D.

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In Real Estate, the type of deed that transfers the greatest protection for the
buyer is _______?

Answers

Answer:

general warranty deed

Explanation:

The answer is a general warranty deed provides the most protection for the buyer; a quitclaim deed provides the least protection for the buyer. A general warranty deed provides the greatest protection of any deed.

Answer:

warranty deed

Explanation:

In Real Estate, the type of deed that transfers the greatest protection for the

buyer is a warranty deed. A warranty deed is a document that has the most amount of protection for the purchaser of said property.

Why are we forced to make decisions in a day-to-day life?

Answers

Just like a computer our brain works on a basis of yes and no or good and bad. Basically 1 and 0’s . And choosing between yes and no or good or bad is called a decision . Our brain requires us to make those “decisions” because it is it’s purpose.

Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data: Total machine-hours 31,800 Total fixed manufacturing overhead cost $159,000 Variable manufacturing overhead per machine-hour $2 Recently, Job T687 was completed with the following characteristics:

Total machine-hours 32,000
Total fixed manufacturing overhead cost $352,000
Variable manufacturing overhead per machine-hour $3.00

Recently, Job T687 was completed with the following characteristics:

Number of units in the job 10
Total machine-hours 30
Direct materials $660
Direct labor cost $1,320

If the company marks up its unit product costs by 40% then the selling price for a unit in Job T687 is closest to:_________

a. $283.50
b. $103.40
c. $361.90
d. $546.00

Answers

Answer:

See below

Explanation:

We will first determine the overhead rate

= cost of manufacturing overhead / cost driver

We will distribute the cost driver which is machine hours

$159,000/32,000 = $4.97

$4.97 fixed + $3 = $8 predetermined overhead rate

We will now apply this to job machine hours

Job machine hours 30

Overhead: machine hours x

Predetermined rate = 30 × 8 = $240

Total cost $1,320 + $660 direct material + $240 overhead = $2,220

Then,

Unit cost = Total cost/ unit

= $2,220/10

= $222

Selling price

= cost + 40% cost

= $222 + $88.8

= $283.50

Blank and blank is another word for networking

Answers

"Socializing" and "Connecting" are other words that can be used to describe networking.

Which bank deals with short term of credit A. Agricultural bank B. Comersial bank C. Industrial Bank D. None of these

Answers

Answer:

B) commercial bank

Explanation:

i hope it helps you :)

When an interviewer says, “Tell me about yourself,” you should feel free to talk openly about your personal life.


False

True

Answers

Answer:

False

Explanation:

You should tell them about your personality and how others see you. Take for example your strengths and weaknesses as a person, or about your traits. If they ask you about your personal life keep it brief, they don't need too much info about that rather a small aspect of it.

Answer:

TRUE

Explanation:

8. Why is language so critical in understanding international culture? How can this problem be dealt with effectively?

Answers

Answer:

By learning a foreign language, you can understand ideas and thoughts that may be different from your own culture. You can learn customs and how people interact in a given society. Language helps preserve cultures, but it also allows us to learn about others and spread ideas quickly. Language Is Important To Business

Language Is Important To Culture And Society Language helps us express our feelings and thoughts — this is unique to our species because it is a way to express unique ideas and customs within different cultures and societies. By learning a foreign language, you can understand ideas and thoughts that may be different from your own culture.

It is also an inseparable part of our culture. Why is language important to culture? While there is still some debate whether the particular language influences people’s thought process or it is indeed people’s culture that influences the language, there is no doubt that language and culture are closely connected.

Language changes often represent a culture’s changing values. Language and culture are inextricably related. And you can’t learn one without first knowing the other. Language is related to all features of human life in society. And comprehension of the surrounding culture is key to learning a language.

Explanation:

You can comprehend concepts and thoughts that may differ from those in your own society by studying a foreign language. You can discover the traditions and social dynamics of a certain society. Language not only enables us to learn about others and share ideas swiftly, but it also aids in the preservation of civilizations. The importance of language in business

What is language?

Language is a set of common spoken, manual (signed), or written symbols that people use to communicate as members of a social group and members of that group's culture. When people in a particular country or region talk or write, they use a particular set of sounds and written symbols, which together make up their language.

The Value of Language in Culture and Society Our ability to express ourselves through language is unique to our species because it allows us to communicate the distinctive concepts and practices that exist across various civilizations and societies. You can comprehend concepts and thoughts that may differ from those in your own society by studying a foreign language.

Therefore, In addition to helping us share ideas and learn about others, language also

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is a segment of a market that is not currently being exploited.

a.niche
b.merger
c.stock
d.share

Answers

A niche market is: a. a portion of a market that is not yet being fully used. An area of a broader market known as a "niche market" can be identified by its own particular demands.

Give an example of a niche market:

A niche market is a segment of a larger market that stands apart from the market as a whole due to its unique needs, preferences, or identity.

What exactly is a niche market?

For instance, the market for women's shoes is divided into a number of separate segments or niches. Shoes for women in larger sizes, shoes for nurses, and shoes for vegans are all examples of specialized markets. Almost every market has room for improvement.

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(Y²R²C²i²x²k²j²e²s²b²)where "land and water are intimately intertwinned, constantly shifting, and with the pressures of population, increasingly valuable in its rarity."find all things

Answers

Land and water are intimately intertwined, constantly shifting, and with the pressures of population, increasingly valuable in its rarity to the significance and interconnectedness of land and water resources.

Here's an explanation of the terms used:

Land refers to the Earth's solid surface, which includes continents, islands, and various forms of topography. Water is the liquid component of the Earth's surface, and it includes oceans, rivers, lakes, and groundwater. Intimately Intertwined: The statement emphasises how land and water are inextricably linked and interdependent. They interact and impact one another in a variety of ways. Constant Change: Both land and water are constantly changing and moving. Population Pressures: As the world's population grows, so does the demand for land and water. Rarity and Increasing Value: The rarity of land and water resources relates to their limited availability as well as the growing appreciation for their value.

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Suppose there is a policy debate regarding the United States’ imposing trade restrictions on imported semiconductors:
A congresswoman from a state with several semiconductor factories explains that it is necessary to impose trade restrictions, such as a tariff, on the semiconductor industry to protect workers in the domestic semiconductor industry. The congresswoman claims that without trade protection, there will be layoffs, causing many U.S. workers in the semiconductor industry to be unemployed.
Which of the following justifications is the congresswoman using to argue for the trade restriction on semiconductors?
A. Unfair-competition argument
B. Infant-industry argument
C. Jobs argument
D. National-security argument
E. Using-protection-as-a-bargaining-chip argument

Answers

Answer:

A

Explanation:

Something necessary to remain alive is a (an).

Answers

Answer:

an apartment

Explanation:

Which investment bank underwrote the most bonds in 2013 and 2014?



Answers

The investment bank that underwrote the most bonds in 2013 and 2014 is: J.P. Morgan.

What is investment bank?

Investment bank is a financial institution that render various types of investment services to their clients or customers. Investment tend to deals in buying and selling of shares to investors.

J.P. Morgan was  an investment bank that offers various investment services to investors and was known as the investment bank that underwrote the most bonds in the year 2013 and year  2014.

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What is the significance of having short-term investments?
A company usually has short-term investments because it can
hts reserved.
Reset
these investments into cash quickly if it faces a cash
Next

Answers

It has a number of benefits such as flexibility time restrictions it is less risky etc.

Answer: The answer for the first box is Convert and the second is Crunch.

Explanation: I took the test and got it right

What discount rate would you use to discount the cash flows from the project? Does this adequately capture the risk of investing in Brazil?

Answers

Answer: You need more information to answer this question correctly.

Explanation:

Based on the 1 part of the question I would say 10%. Moreover, You wouldn't want to invest in Brazil because their average amount compared to others is low.

if the CEO of beautify wanted to develop a new line of skin care products specifically for people with sensitive skin, she might appoint a

Answers

Answer: companies

Explanation: because she has a beautiful work job

If the CEO of Beautify wanted to develop a new line of skincare products specifically for people with sensitive skin, she might appoint a product development team or a specialized research and development (R&D) team to oversee the process.

Appointing a product development team or an R&D team would be a suitable approach for developing skincare products tailored to individuals with sensitive skin. This team would typically consist of experts in the field, including cosmetic chemists, dermatologists, and skincare specialists. Their role would involve conducting research, analyzing market trends, formulating product ingredients, and testing the efficacy and safety of the skincare line.

By assembling a dedicated team, the CEO can ensure that the specific needs and concerns of people with sensitive skin are addressed throughout the product development lifecycle. This team would focus on creating formulations that are gentle, hypoallergenic, and free from potentially irritating ingredients. They would also conduct thorough testing to validate the effectiveness and compatibility of the products with sensitive skin.

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