List the participants in the circular flow of a closed economy. Suggest one example for each .
Answers
The participants in the circular flow of a closed economy are - households, businesses and government.
What is a circular flow model?The circular flow model shows how money flow in society. Money flows from producers to workers as wages and back to producers as product payment.
Circular flow models in a two-sector model begin with the household sector, which engages in consumption spending. Households contribute to the economy by working (giving time and labour) and purchasing goods (giving away money). In exchange, households buy goods and use government services. The model also incorporates the business sector that manufactures the goods.
Cash flows from the government sector are included in a three-sector model. Through government spending, the government injects money into the circle (G)
Therefore, the participants in the circular flow of a closed economy is listed above and how each of them affects the flow is also mentioned.
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Related Questions
A firm is selling two products—chairs and bar stools—each at $60 per unit. Chairs have a variable cost of $30, and bar stools $25. Fixed cost for the firm is $22,000.
If the sales mix is 1:1 (one chair sold for every bar stool sold), what is the break-even point in dollars of sales? In units of chairs and bar stools? (Round your unit answers to a whole number before calculating the breakeven point and round the break-even point to the nearest whole number.)
If the sales mix changes to 1:4 (one chair sold for every four bar stools sold), what is the break-even point in dollars of sales? In units of chairs and bar stools? (Round your unit answers to a whole number before calculating the breakeven point and round the break-even point to the nearest whole number.)
Answers
We may use the following formula to get the break-even threshold in sales dollars for the first component of the issue: Fixed expenses / Contribution Margin Ratio = Break-Even Point (in Dollars)
We must take the variable cost per unit from the selling price per unit in order to determine the contribution margin ratio:-
Selling price - variable cost for chairs is $60 - $30 representing a contribution margin per unit of $30.
Selling price - variable cost for bar stools is $60 - $25 yielding a contribution margin per unit of $35.
Using a 1:1 sales mix we can then determine the weighted average contribution margin per unit as follows:
Average contribution margin per unit, weighted, equals (1/2) x $30 + (1/2) x $35, or $32.50.
Now we can include the contribution margin ratio & fixed expenses to the formula:-
$22,000 / 0.5 = $44,000 is the break-even threshold in money.
To calculate the break even point in units of chairs & bar stools, we can use the following formulas:-
Break-even point (units of chairs) = Fixed costs / Contribution margin per unit for chairs = $22,000 / $30 = 733 chairs (rounded up to the nearest whole number)
Break-even point (units of bar stools) = Fixed costs / Contribution margin per unit for bar stools = $22,000 / $35 = 629 bar stools (rounded up to the nearest whole number)
For the second part of the problem, we need to recalculate the contribution margin ratio using the new sales mix of 1:4:-
Contribution margin per unit for chairs = $30
Contribution margin per unit for bar stools = $35 x 4 = $140
Weighted average contribution margin per unit = (1/5) x $30 + (4/5) x $140 = $122
Using the same formula as before, we can calculate the break-even point in sales dollars:-
Break-even point (dollars) = $22,000 / 0.122 = $180,328 (rounded up to the nearest whole number)
To calculate the break-even point in units of chairs & bar stools, we can use the new contribution margin per unit values:-
Break-even point (units of chairs) = $22,000 / $30 = 733 chairs (rounded up to the nearest whole number)
Break-even point (units of bar stools) = $22,000 / $140 = 157 bar stools (rounded up to the nearest whole number)
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identify the digital advertising that works best for brand building and whose effectiveness can be measured by
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The digital advertising method that works best for brand building and can be measured for effectiveness is influencer marketing.
Influencer marketing has emerged as a powerful tool for brand building in the digital age. It involves collaborating with influential individuals who have a large following and influence in a particular niche or industry. These influencers create content endorsing or featuring the brand, reaching their audience and generating awareness and credibility.
The effectiveness of influencer marketing can be measured through various metrics. One such metric is engagement, which includes likes, comments, shares, and click-through rates on influencer posts. By analyzing these engagement metrics, brands can assess the level of audience interaction and gauge the impact of influencer campaigns on brand visibility and perception.
Additionally, other measurable indicators include reach, impressions, and follower growth. These metrics provide insights into the extent of brand exposure and the growth of the brand's online audience as a result of influencer collaborations.
By leveraging influencer marketing, brands can tap into the credibility and reach of influencers to enhance brand awareness, shape brand perception, and drive engagement with target audiences. The effectiveness of influencer marketing campaigns can be measured through various metrics, allowing brands to evaluate the impact and return on investment of their brand-building efforts
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definition of the term small business
Answers
Answer:
make me brainalist and keep smiling dudeExplanation:
Small business is defined as a privately owned corporation, partnership, or sole proprietorship that has fewer employees and less annual revenue than a corporation or regular-sized business.The insurance policy provided by darrell's company has a $1,000 deductible and a 20% co-pay. How much will he have to pay for elbow surgery that will cost $9,000?.
Answers
Darrell will have to pay $2,600. Insurance is a contract, represented by a policy, in which an individual or entity receives financial protection or reimbursement against losses from an insurance company.
The company pools clients' risks to make payments more affordable for the insured. Types of insurance include health, auto, life, homeowners, and liability insurance, among others. It is a means of protection from financial loss. It is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss.
Tto calculate the amount that Darrell will have to pay for the elbow surgery:
First, there is a $1,000 deductible that he will have to pay.
Next, we need to calculate the remaining cost after the deductible is subtracted. So, $9,000 (total cost of surgery) - $1,000 (deductible) = $8,000
Next, we need to calculate the co-pay amount, which is 20% of the remaining cost. So, 20% * $8,000 = $1,600
Finally, we add the deductible amount and the co-pay amount to get the total amount that Darrell will have to pay. So, $1,000 (deductible) + $1,600 (co-pay) = $2,600
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Staples pays George Nagovsky an annual salary of $37,200. Today, George's boss informs him that he will receive a $5,500 raise. What percent of George's old salary is the $5,500 raise? (Round to the nearest tenth percent.)
Answers
Answer:
the percentage is 14.79%
Explanation:
The computation of the percentage is shown below:
= Raise salary ÷ annual salary
= $5,500 ÷ $37,200
= 14.79%
Hence, the percentage is 14.79%
We simply applied the above formula so that the correct percentage could arrive
Which statement best explains why interest rates are impprtant when saving money? A lower interest rate allows someone's debt to grow more quickly The higher the interest rate the more cost to save money in a bank The higher the interest rate helps someone's money grow larger over time The lower the interest rate, the less it costs tk save money in a bank
Answers
Answer:
The higher the interest rate helps someone's money grow larger over time
Explanation:
Interest rate is the percentage earned by depositors on their deposit. For example, if a person save $200. If the interest rate is 10%, the person earns $20 on her deposit.
The higher the interest rate, the higher the growth in deposit.
For example if a bank offers a compound interest of 10% on deposit and another bank offers a compound interest of 20% on deposit. If $200 is deposited, after 3 years, the total amount that would be had in each bank is
$200 x (1.1)^3 = $266.20
$200 x (1.2)^3 = $345.60
It can be seen that the amount after 3 years is higher at the bank with the higher interest rate
When you purchase shares of a company in the market, who are you buying those shares from?
Answers
Answer:
Normally, you are buying those shares from someone who already owns them. You are not buying them directly from the company itself, but instead someone who owns shares from the company, called a shareholder or stockholder.
Explanation:
I hope this helps! :)
What traits helped Oprah Winfrey become successful and why
Answers
Relevant. Oprah has always stayed relevant. ...
Motivational. She is one of the most
inspirational and motivational people of our time. ...
Passionate. Oprah's passion is displayed in all of her accomplishments. ...
_ 5. Which of the following is an example of terminal punctuation?
A. Comma.
B. Question mark.
C. Quotation mark.
D. Colon.
Answers
terminal punctuation refers to punctuation marks used to identify the end of a portion of text.
Even when maintaining open communication, you should not discuss
Answers
Answer:
C....
Explanation:
i took the quiz on edge
Even in the case of the open communication, the person should not discuss about his personal life. Thus option (C) is correct.
What is the meaning of Open Communication?Open communication refers to the way of the communication between the two or more persons who openly expresses and shares the ideas, thoughts, information, beliefs etc.
In every organization, the leaders, managers or subordinates should encourage the open communication in the form of the feedback and suggestions.
However, Even in an open conversation, the subject shouldn't bring up personal matters. Therefore, The correct option is (C).
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What is the correct definition of capacity for potential cosigners?
The cosigner's credit history
The cosigner's financial assets, such as a house or car
The cosigner's past record of paying on time
The cosigner's current financial situation
Answers
The correct definition of capacity for potential cosigners refers to the cosigner's ability to repay the debt if the primary borrower defaults.
This includes the cosigner's current financial situation, such as income, employment stability, and debt-to-income ratio, as well as their overall financial obligations and commitments.
Capacity is one of the key factors lenders consider when evaluating the creditworthiness of potential cosigners. By assessing the cosigner's capacity, lenders can determine whether the cosigner has the financial means to assume responsibility for the loan and whether they are likely to make timely payments in case the primary borrower is unable to do so.
While the cosigner's credit history and past record of paying on time are also important factors in the lending decision, they are not the same as capacity. A cosigner with a good credit history may still lack the capacity to take on additional debt if they have limited income or high levels of existing debt.
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hussain after doing his graduation has decided to run a retail shop as a source of livelihood. ii. He procures the goods from the wholesalers according to the consumer's demand and maintains a regular supply of goods to his customers. [5] TGIS-Raipur 4 / 5 iii. Customers are well satisfied with his services due to which his sales turnover is very high and he is earning a good return on his capital employed. iv. Seeing his Successful business, two other retailers have also opened their shops in the same area giving him tough competition reducing his market share and margin of profits. But Rohit knows, in spite of his best efforts put into the business, there is always the possibility of inadequate profits or losses. a. Identify the economic activity Rohit is engaged in. b. Enlist the features of identified economic activity with reference to the underlined words in each sentence given above.
Answers
A) Business is an economic activity.
B) features are profit earning- as it is essential for survival growth and expansion of business
Dealings in goods and services on a regular basis - and not merely one single transaction of sale or purchase.
The four major economic activities are resource management, production of goods and services, distribution of goods and services, and consumption of goods and services.
Agriculture, fisheries, mining, and forestry. Manufacture of finished products. Manufacture of technology, consumer goods, furniture, vehicles, and clothing. The provision of intangibles is commonly referred to as a service.
Economic activity is the activity by which people provide, produce, purchase or sell goods and services to meet their daily needs. Economic activity includes all activities related to the manufacture, sale, or use of products or services.
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Mark runs a gardening business in a perfectly competitive industry. He knows that he will break even if the price of his services for garden maintenance is $15 but that he will have to shut down if the price is $11 or lower. If the market demand in the industry is P = 30 – (0.2)Q, and the market supply is P = (0.2)Q, in the long run, Mark will:
Answers
When the market demand in the industry is P = 30 – (0.2)Q, and the market supply is P = (0.2)Q, in the long run, Mark will continue to operate his gardening business as long as the market price for garden maintenance services remains above his minimum threshold of $15.
Using the market demand and supply equations, we can find the equilibrium price and quantity:
30 - 0.2Q = 0.2Q
0.4Q = 30
Q = 75
P = 30 - 0.2(75)
P = $15
Therefore, the equilibrium price is $15 and the equilibrium quantity is 75. Since Mark can break even at this price, he will continue to operate his business in the long run. However, if the market price were to fall below $15 (e.g. to $11), Mark would have to shut down his business.
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If nominal GDP was $400 billion in 2009 and real GDP was $320 billion, then the CPI was approximately
a)1.25.
b)12.5.
c)80.
d)125.800.
Answers
The approximate CPI, based on the given nominal GDP of $400 billion and real GDP of $320 billion, is 125. The correct answer is d) 125.
To determine the approximate Consumer Price Index (CPI) based on the given information, we can use the formula:'
The Consumer Price Index (CPI) is a measure that tracks the average price change over time for a basket of goods and services, serving as an indicator of inflation and the cost of living in an economy.
CPI = (Nominal GDP / Real GDP) * 100
Given that the nominal GDP was $400 billion and the real GDP was $320 billion, we can substitute these values into the formula:
CPI = ($400 billion / $320 billion) * 100 = 125
Therefore, the approximate CPI in this scenario is 125.
The correct answer is d) 125.
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what is one of the scrum master's responsibilities during the innovation and planning (ip) iteration
Answers
The responsibilities that the scrum master's offered during the innovation & planning (ip) iteration is a facilitation of the team preparation for the program increment (PI) system demo.
Who is a Scrum master?A Scrum master refers to a professional that directs and lead a team through a project through the use of techniques in Agile project management.
Hence, the responsibilities that the scrum master's offered during the innovation & planning (ip) iteration is a facilitation of the team preparation for the program increment (PI) system demo.
Therefore, the Option B is correct.
Missing options "Update the program increment (PI) roadmap. Facilitate the team preparation for the program increment (PI) system demo, Remove scope that exceeds capacity, Create the program predictability measure"
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What was one result of the Bretton Woods system?
A. The U.S. dollar became backed by gold for the first time.
B. The U.S. dollar was no longer accepted in most countries.
C. The U.S. dollar became more valuable and influential.
D. The U.S. dollar lost its status as the world's reserve currency.
Answers
One of the results of the Bretton woods system was that the U.S dollar became more valuable and influential.
What is Currency?Currency is a medium for exchange for goods and services. It is a form of legal tender approved by the government and accepted by all as a means of exchange.
The U.S dollar is a popular form of currency that is accepted by most countries as a form of exchange. After the Bretton Woods system was adopted, the U.S dollar became more influential and valuable to many.
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Thread Club produced 700 sweatshirts with a production cost of $11.25 per sweatshirt. This month, they have sold 500 sweatshirts at $18.50 per sweatshirt. Based on this information, Thread Club's accounting profit for this month would be __________. a.) $1,375 b.) $1,200 c.) $9,250 d.) $7,875
Answers
The revenue is calculated by multiplying the total number of units sold by the price per unit.
On the other hand, the cost is calculated as the production cost per unit multiplied by the number of units produced.
Using the given information: Number of units produced = 700Cost per unit = $11.25Number of units sold = 500Price per unit = $18.50
Total Revenue = Price per unit × Number of units sold= $18.50 × 500= $9,250Total Cost = Cost per unit × Number of units produced= $11.25 × 700= $7,875
Accounting Profit = Total Revenue - Total Costs= $9,250 - $7,875= $1,375.
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Environmental scanning is conducted only when a new business is opened. True or False?
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Imagine that you are the supervisor of a pharmacy. You have received a few complaints about mistakes in customer's prescriptions. To improve the quality of service delivered by the pharmacies, you can concentrate on (a) doing a better job of catching errors in the future or (b) doing a better job of avoiding errors. Which approach would you choose? Explain.
Answers
Answer:
b tell me whether I've got it or not
Mr. Chopra decides to sell his business shares to the public to acquire additional finance. Under which component in the balance sheet should Mr. Chopra show the money he obtained from the shareholders?
Answers
When Mr. Chopra sells his business shares to the public and acquires additional finance, the money obtained from the shareholders should be shown under the "Equity" component in the balance sheet.
The component in the balance sheet should Mr. Chopra show the moneyEquity represents the ownership interest in a company, and it includes the funds contributed by shareholders in exchange for shares of the company's stock. When shares are sold to the public, the proceeds from the sale increase the equity of the business. This is typically reflected as "Share Capital" or "Common Stock" in the equity section of the balance sheet.
By showing the money obtained from the shareholders in the equity section, Mr. Chopra can accurately represent the ownership stake and financial position of the company.
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Beckham Corporation is planning its debt maturity mix. Management has chosen a debt-equity mix consisting of $50,000 of liabilities and $75,000 of owners' equity. The yield curve is currently upward sloping: the interest rate on short-term debt is 7% and the interest rate on long-term debt is 11%. Beckham has $60,000 of current assets, anticipates EBIT of $20,000 and has a 30% tax rate.
If Beckham moves toward using more current liabilities and less long-term liabilities:
A. Its return on equity would increase.
B. Its liquidity risk would decrease.
C. It would increase its current ratio.
D. It would have to increase owner's equity.
Answers
If Beckham Corporation moves towards using more current liabilities and less long-term liabilities, it would increase its current ratio (option c).
This is because current liabilities are due within a year, while long-term liabilities are due over a longer period of time. By increasing current liabilities, Beckham will have more cash on hand to cover its short-term debts. This would also decrease the company's liquidity risk since it will have more cash available to cover its short-term obligations.
However, this would not increase its return on equity since the debt-equity mix has already been determined. Additionally, the company would not need to increase owner's equity since the current debt-equity mix is already in line with management's plan. It's important to note that changing the debt maturity mix can have significant implications for a company's financial health and should be carefully considered. The correct option is c.
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A lawyer believes his client is guilty, but remains professional and represents his client. This is an example of which of the following?
Moral behavior
A.) moral behavior
B.) unlawful behavior
C.) ethical behavior
D.) mannerly behavior
Answers
Answer:
C
Explanation:
Would say Moral but it's ethical and couretious
The histogram and box plots below show the distribution of finishing times for male and female winners of the New York Marathon between 1970 and 1999.
Answers
Answer:
Kindly check explanation
Explanation:
A.)
From the histogram, the number of runners who made a certain range of Runtime can be easily deduced on the y-axis of the histogram, which isn't possible on the boxplot.
Summary statistic such as lower quartile, median and upper quartile statistics including outliers can be deduced easily from the boxplot.
B.)
Bimodal distribution occurs when two different groups or class have the highest number of values in a distribution.
C.)
The distribution of marathon times for men is fairly normally distributed while that if women is skewed.
The minimum and maximum values in the women's distribution is greater than the minimum and maximum values in the men's distribution.
The women's distribution has greater variance than the men's distribution. (greater range value).
. You have determined that Company A's shares have an intrinsic value of $20 per share but are trading at $22 per share, while Company B's shares are worth $25 per share but are trading at $22 per share. What would a rational investor (or an arbitrageur) do to take advantage of this price difference (no short-selling constraint and transaction fee)
Answers
Answer:
a rational investor would short company A's shares and long company B's shares.
Explanation:
Company A's shares are overvalued.
A share is overvalued when its intrinsic value is less than its price
Company B's shares are undervalued.
A share is undervalued when its intrinsic value is greater than its price
It is expected that the price of company's A's share would fall. Investors that are holding this company's share would lose.
On the other hand, it is expected the the price of company B's shares would rise. Investors holding this company's share would gain from the increase in price.
Thus, a rational investor would short short company A's shares and long company B's shares.
3. Identify the toy retailer's new business model. Do you believe it will keep the new company in business? Why or why not?
Answers
The toy retailer's new business model is the creation of smaller stores, which offer better customer service and a more personalized shopping experience.
This model was a shift from the company's previous model, which focused on large, warehouse-style stores with a large selection of toys. The company believes that the new model will allow them to compete better with online retailers and other brick-and-mortar stores.
Do I believe the new business model will keep the new company in business?Yes, I do. This is because the new business model is centered on providing excellent customer service and offering a more personalized shopping experience. These are both things that online retailers cannot match, which is a key advantage for brick-and-mortar stores. Additionally, by focusing on smaller stores, the company is able to reduce its overhead costs, which should help to make it more financially stable in the long run.
The toy retailer's new business model is the creation of smaller stores, which offer better customer service and a more personalized shopping experience. Why I believe it will keep the new company in business is that the new business model is centered on providing excellent customer service and offering a more personalized shopping experience. Also, by focusing on smaller stores, the company is able to reduce its overhead costs, which should help to make it more financially stable in the long run.
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During which of the following phases of the customer life cycle do win-back processes categorize customers according to value?
Answers
During the win-back processes of the customer life cycle, customers are categorized according to their value. This takes place during the post-purchase phase.
A customer life cycle is a marketing model that describes the process through which customers interact with a company.
It comprises five phases: awareness, acquisition, conversion, retention, and win-back. Each stage represents a unique opportunity for a company to build relationships with its customers. The Five Stages of the Customer Life Cycle are described below:
Awareness: This is when the customer first becomes aware of the company.Acquisition: The customer is convinced to make a purchase.Conversion: The customer makes a purchase and becomes a client.Retention: This stage focuses on keeping the client's attention and loyalty.Win-back: When a client has left, the objective is to encourage them to come back. A win-back strategy aims to bring back customers who have previously bought from the company. This phase includes identifying the reason for the departure and taking steps to prevent it from happening again. One approach to this is to categorize the customers based on their value.During the win-back processes of the customer life cycle, customers are categorized according to their value. This takes place during the post-purchase phase. A customer life cycle is a marketing model that describes the process through which customers interact with a company.
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_____ has become a major recipient of FDI and hit a record of $139 billion in 2018. Multiple choice question.
Answers
What was the opening price of Dow Jones Industrial Average on Jul 09, 2018 in the format of XXXXX.XX?
Answers
Answer:
According to yahoo finance, the opening price of the Dow Jones Industrial Average on Jul 09, 2018, is 24519.20.
Explanation:
Dow Jones Industrial Average is a stock indicator of the top 30 companies of the US. Other indicators include NASDAQ Composite and S&P 500.
These indicators are used to assess the performance of the market on a subsequent day. From the historical data from the Yahoo Finance, the value for any day could be found which for July 09, 2018 is 24519.20.
Implementing and executing strategy successfully requires Implementing and executing strategy successfully requires:______________
A. the same kinds of creative management talent and innovative thinking capabilities as crafting strategy.
B. a financially driven process aimed at squeezing the most profit out of conducting daily operations.
C. the efforts of a company's whole management team, not just a few senior managers
D. a high caliber CEO that possesses the business vision, industry and competitive analysis skills, and entrepreneurial creativity needed to navigate the competitive landscape.
E. less managerial expertise and effort to perform well, at least in comparison with crafting a winning strategy.
Answers
Answer: C. . the efforts of a company's whole management team, not just a few senior managers
Explanation:
Planning, implementing and carrying out strategies requires a careful, collective and calculative decision to be made by all head of department and the board of an organization, because the decision taken will rub off through these departments for implementation. The decision or choice of decision should not be left to a few persons in the organization because when the ideas and plans are arranged the execution may fail as all the respective department were not involved by their heads.
Business Ethics Nine-point Checklist Questions
You own a business in the United States that you have determined needs to move out of the country in order to survive. Choose one of the companies below to complete your quiz.
As you prepare to leave, you need to identify those who are helped (individuals in the new country) and those who are hurt. Next, you need to define your ethical responsibilities to all your shareholders (the individuals in the US).
Choose one of these companies as your company to answer the Business Ethics Checklist.
Apple
IBM
Cisco Systems
Nike
Wal-Mart
What are the facts? Who is affected? Is there an ethical problem? Is it simply right vs. wrong? Is this an ethical dilemma: Right vs. wrong? What resolution principles might be applied? What are your options? Is there a third way? Reflect on why you think this is the best decision? PLEASE SOMEONE HELP ASAP!!!!!!!
YOULL GET 100 POINTS!!!!
Answers
The business Ethics Nine-Point Checklist aids in making ethical decisions. The one for Wal-Mart is as follows:
The background: I'm leaving and I have to identify those who have helped and those who have hurt.The facts? I will be leaving and I have to ensure that my absence does not hurt the company.Who is affected? The company as a whole will be affected if I don't put proper succession plans in placeIs there an ethical problem? Yes. My responsibility within the company is to ensure that the company continues to exist and function legally and separately from my person so that other stakeholders (staff and investors) are not put at a disadvantage.Dilemma? The dilemma only exists if the solution to my absence is such a difficult one. The conflict is between my personal interests and that of the company.What resolution principles may be applied? Succession planning and change management is crucial in this case.Is there a third way? Yes. The third way would be to reexamine the reason why I want to leave in the first place and see if there is a possible solution to thatWhat is the best decision? This would be dependent on a lot of subjective factors.What is ethics?Ethics, often known as moral philosophy, is a philosophical field that "involves systematizing, defending, and advocating conceptions of good and bad action." The field of ethics, like aesthetics, is concerned with considerations of worth; together, these subjects compose the branch of philosophy known as axiology.
The Fundamental Ethics Principles The four ethical principles are beneficence, nonmaleficence, autonomy, and justice.
Ethics is what motivates us to speak the truth, honor our promises, and assist those in need. On a daily level, an ethical framework underpins our lives, assisting us in making decisions that have a good influence and directing us away from unjust consequences.
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