Question 37 1.5 pts Savings, Investment, and Deficits Suppose a country has a closed economy, and it has the following macroeconomic data: Real GDP = $800 per year Consumption = $560 per year Tax revenue = $80 per year Government spending: $120 per year $80 per year Now suppose that the country's government spending falls to $80 per year, while real GDP, consumption, and tax revenue stay unchanged. Based on this new information, what is the government's budget deficit or surplus equal to (public saving)? Enter your answer in the space below. (If your answer is negative, be sure to include the minus sign in the answer you enter.)

Answers

Answer 1

A closed economy is an economic system that does not interact with the economies of other countries.

In a closed economy, the government's budget deficit or surplus can be calculated as:

Budget deficit or surplus = Tax revenue - Government spending

In the initial scenario, we have:

Tax revenue = $80

Government spending = $120

Therefore, the budget deficit is:

Budget deficit = $80 - $120 = -$40

This means that the government is running a budget deficit of $40 per year.

Now, if government spending falls to $80 per year while real GDP, consumption, and tax revenue stay unchanged, we have:

Tax revenue = $80

Government spending = $80

Therefore, the budget deficit or surplus is:

Budget deficit or surplus = $80 - $80 = $0

This means that the government is neither running a budget deficit nor a budget surplus. In other words, the government's budget is balanced, and there is no public saving.

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Related Questions

what is the independent variable in the following scenario? select the best answer. researchers study the impact of a room's color on productivity.

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In the scenario of studying the impact of a room's color on productivity, the independent variable is the room's color.

The independent variable in an experiment is the factor that researchers manipulate or control to observe its effect on the dependent variable. In this case, the researchers are studying the impact of a room's color on productivity. The independent variable is the room's color because the researchers will deliberately choose and manipulate different colors in the rooms they study.

To determine the influence of room color on productivity, the researchers may set up multiple rooms with different colors, such as blue, green, red, or neutral colors. They will then observe and measure the productivity levels of individuals in each room.

By manipulating the independent variable (room color), the researchers can examine its impact on the dependent variable (productivity).

Therefore, in the context of this study, the independent variable is the room's color as it is being controlled and manipulated to investigate its effect on productivity.

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which of the following is used to describe the activities of various groups to protect basic rights of consumers?

Answers

Consumer advocacy is used to describe the activities of various groups to protect the basic rights of consumers. It refers to the efforts made by individuals and organizations to promote and protect the interests of consumers, often through education, awareness campaigns, lobbying, and legal action.

Consumer advocacy groups aim to ensure that consumers have access to safe, affordable, and high-quality goods and services. They work to influence government policies and regulations, as well as the actions of businesses and industries, to ensure that consumers are treated fairly and have their basic rights protected.

Some examples of consumer advocacy groups include Public Citizen, Consumer Reports, and the National Consumer Law Center. These groups provide resources and information to help consumers make informed decisions, as well as advocating for policies that protect consumer rights.

Overall, consumer advocacy is an important part of protecting the basic rights of consumers and ensuring that they are able to make informed choices about the products and services they use.

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suppose you trade dollars and euros for a bank that has branches in los angeles and paris. you can electronically transfer the funds between the two branch locations at no cost, and trading commissions are negligible. the current dollar-per-euro exchange rate in los angeles is e$/eurla

Answers

Assuming other foreign exchange traders face the same situation, they will also buy dollars in Rome and sell them in Los Angeles, As a result: the dollar-per-euro exchange rate will eventually reach equilibrium between the two locations.

The current dollar-per-euro exchange rate in Los Angeles is E = 1.5952, and in Rome, it is E/EUR 80 = 1.6244. Since the exchange rate is higher in Rome, you can make a profit for the bank by buying euros in Los Angeles and selling them in Rome.

1. Buy euros in Los Angeles at the exchange rate of E = 1.5952 dollars per euro.


2. Transfer the euros electronically to the Rome branch at no cost.


3. Sell the euros in Rome at the exchange rate of E/EUR 80 = 1.6244 dollars per euro.

The difference between the two exchange rates represents the profit you can make for the bank. Assuming other foreign exchange traders face the same situation as you, they will also buy dollars in Rome and sell them in Los Angeles. As a result, the dollar-per-euro exchange rate will eventually reach equilibrium between the two locations.

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Complete question:

Suppose you trade dollars and euros for a bank that has branches in Los Angeles and Rome, You can electronically transfer the funds between the two branch locations at no cost, and trading commissions are negligible. The current dollar-per-euro exchange rate in Los Angeles s E=1.5952 while in Rome it is E/EUR 80=1.6244. You can make a profit for the bank if you buy euros in and sell them in Los Angeles Assuming other foreign exchange traders face the same as you do, they will buy dollars in As a result, the dollar-per-euro e Rome Angeles(ESEUR and seil them in:

Daniel has been working hard all year and just received a bonus check from his employer. Rather than spend
it now, Daniel stores all his money in a high-yield savings account because he is planning to buy a boat in
the future. Daniel is using money as a

a: store of value
b: medium of exchange
c: source of inflation
d: unit of account

Answers

Answer:

Store of Value.

Explanation:

Money will successfully function as a store of value when it’s easy to store and it can reliably hold its value over time.

In which of the following cases is the need for change the least?
A) when the difference between performance and standard is negative
B) when the difference between performance and standard is positive
C) No difference exists between performance and standard.

D) There is no well-defined standard to measure performance by.

Answers

C) No difference exists between performance and standard. The requirement for adjustment is least when there is no distinction between performance and standard instances.

Performance standards are instructions that companies provide to their staff members to explain what is expected of them as a member of the team. They outline the responsibilities of the position and the standards of performance that the employee must meet. Although performance standards are used for all employees, new recruits are frequently given these instructions to assist them grasp their duties and responsibilities. Performance standards are another tool that employers may use to assess team members. All employees should be treated similarly under performance criteria, which should be clear, quantifiable, and simple to comprehend. While certain fundamental performance criteria could be common to many businesses, distinct industries might have varied requirements of their staff members.

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How much y’all think I’m worth?
Y’all think ima great dancer?
Who follows me

Answers

Answer:

What????..............

which anser can be defined as an investment centers contribution margin less the fixed costs and the tracable to the investment centrir

Answers

The answer you are looking for is "profitability of an investment center." The profitability of an investment center can be calculated by subtracting the fixed costs and the costs directly traceable to the investment center from its contribution margin.

An investment center is a part of a company that generates revenue and incurs costs. It is responsible for making investment decisions and generating profits for the company. The contribution margin is the amount of revenue left over after deducting variable costs.

To calculate the profitability of an investment center, you need to subtract the fixed costs and the costs directly traceable to the investment center from its contribution margin. Fixed costs are those that do not vary with the level of production or sales, such as rent or salaries. Costs directly traceable to the investment center are expenses that can be directly attributed to it, such as the cost of raw materials or labor.

By subtracting these costs from the contribution margin, you can determine the amount of profit generated by the investment center. This information can be used to evaluate the performance of the investment center and make decisions about future investments.

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For each scenario, calculate the cross-price elasticity between the two goods and identify how the goods are related. Please use the midpoint method when applicable, and specify answers to one decimal place. A 20% price increase for Product A causes a 10% decrease in its quantity demanded, but no change in the quantity demanded for Product B.

Answers

Answer:

No relation

Explanation:

The computation of the cross elasticity of demand is shown below:

= Percentage change in quantity demanded ÷ Percentage change in price

here the price is increased by 20% for product A

But there is no change in the quantity demanded for product B

So, the cross elasticity of demand is

= 0 ÷ 20%

= 0

Therefore there is no relation between two products or goods

Swain company manufactures one product, it does not maintain any beginning or ending inventories, and its uses a standard cost system. the company's beginning balance in retained earnings is $65,000. it sells one product for $170 per unit and it generated total sales during the period of $603,500 while incurring selling and administrative expenses of $54,500. swain company does not have any variable manufacturing overhead costs and its standard cost card for its only product is as follows:

Answers

Answer:

Budgeted COGS = $134 x 3,550 units = $479,250

Actual COGS = $482,151.42, so the total variance was $2,901.42 U

                    Swain Company

                   Income statement

Total revenue                                       $603,500

COGS:                                              ($482,151.42)

Direct materials $217,925.67Direct labor $14,300.75Fixed overhead $249,925                            

Gross profit                                       $121,348.58

S&A expenses                                     ($54,500)  

Net profit                                           $66,848.58

Retained earnings = $65,000 + $66,848.58 = $131,848.58

Explanation:

retained earnings $65,000

total sales $603,500

number of units sold = $603,500 / $170 per unit = 3,550 units

selling and administrative expenses $54,500

materials quantity variance = (actual quantity - standard quantity) x standard price = $9,250 favorable. This means that the company used fewer materials than budgeted: -$9,250 = (actual quantity - 24,850) x $9

actual quantity used = (-$9,250 / $9) + 24,850 pounds = 23,822.22 pounds less

materials price variance = (actual cost - standard cost) x units purchased = $3,525 U. This means that the company paid $3,525 more for materials than it had estimated: $3,525 = (actual cost - $9) x 23,822.22 pounds

actual cost = ($3,525 / 23,822.22 pounds) + $9 = $9.148 per pound

*the only way 2 labor hurs x standard cost = $1, is that standard cost = $0.50

labor efficiency variance = (actual hours - standard hours) x standard rate = $6,725 = (actual hours - 7,100) x $0.50:

actual hours = ($6,725 / $0.50) + 7,100 = 20,550 hours

labor rate variance = actual hours x (actual rate - standard rate) = $4,025 = 7,660.42 hours x (actual rate - $12):

actual rate = ($4,025 / 20,550 hours) + $0.50 = $0.6959

fixed overhead budget variance = actual fixed overhead - budgeted overhead = $1,425 U = actual fixed overhead - $248,500:

actual fixed overhead = $248,500 + $1,425 = $249,925

actual fixed overhead per unit = $249,925 / 3,550 = $70.4014

fixed overhead volume variance = (actual hours - standard hours) x actual fixed overhead per unit = -$6,000 F = (actual hours - 3.5 hours) x $70.4014:

actual overhead hours = (-$6,000 / $70.4014) + 12,425 hours = -85.23 + 12,425 = 12,339.77 hours

Swain company manufactures one product, it does not maintain any beginning or ending inventories, and

A computer company purchases 25,000 computers this year and has sold 22,000 to it's customers. According to government statisticians, all 25,000 computers have been purchased. How do the statisticians reach this conclusion?
~Economics

Answers

According to government statisticians, all 25,000 computers have been purchased because the computer company purchased them originally.

In the calculation of Gross Domestic Product(GDP), double counting is avoided by:

Using only the final value of goods and services Recording only one purchase of final goods and services

When the computer company first bought the computers from the supplier, this counts as a purchase of those computers because the company did indeed purchase the computers.

In conclusion, government statisticians will consider all the computers to have been purchased to avoid double counting because the computer company had bought the computers originally.

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What should investors consider when planning for their retirement? Check all that apply. -the amount an employer will match for a 401(k) -the contributions an employer will make to an IRA -the ideal age to establish a particular retirement plan -the amount an investor is allowed to contribute annually -the tax laws and breaks related to different retirement plans -the amount that can be withdrawn early without getting taxed

Answers

In a 401k the employer usually matches a percentage and if you are lucky dollar for dollar, where in an IRA it is does an an extra option with a set amount of money usually 2500 or more for each IRA contribution.

Correct option is A, C, D and E.

1. The amount an employer will match for a 401(k):- you don't have to forget when you will need the money, retirement  is years away, but you have to know what choices will make it worth by the time you need the money back. And it is also important to know really how much you can invest. When you have a large amount more options are available. But using a variety of investments will reduce the risk.  

3. The ideal age to establish a particular retirement plan:- that will set you up for the plan you need. Below 50 or older.

4. The amount an investor is allowed to contribute annually, the federal law allows a maximum contribution for participants older than 50.

5. The tax laws and breaks related to different retirement plans:- retirement plans can often give you tax benefits in the present it depends to the one you choose. For example, the payment of the tax on the money deposited in a traditional 401 (k) plan can be delayed until the money is withdrawn from the account.

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Answer:

A,C,D,E

Explanation:

I did it and this was correct.

The classical model of the price level is associated with: group of answer choices economists who came after adam smith but before keynes. economists who followed keynes's work. john maynard keynes. economists who came before adam smith.

Answers

The classical model of the price level is associated with a. economists who came after Adam smith but before Keynes.

According to classical model of the price level, when the money supply is reduced, prices drop less than proportionately while neither production nor employment is affected. According to the traditional theory of price level, an economy is said to be in balance when the supply and demand of money are equivalent. This requirement makes it necessary for the desire for money to depend on both the level of actual national income and the price level.

David Ricardo was a well-known economist during the classical period and after Adam Smith who had ideas about global commerce and price levels. Scottish Smith who came after Smith, a key proponent of the classical theory of growth, asserted that the shift to an industrial, capitalist economy was driven by employees' division of labor into more specialized jobs.

Complete Question:

The classical model of the price level is associated with:

a.economists who came after adam smith but before keynes.

b. economists who followed keynes's work.

c. john maynard keynes.

d. economists who came before adam smith

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A governmental unit establishes a central motor pool مجمع مركزي للسيارات to provide service to governmental departments and agencies. The pricing objective of the central motor pool is to break-even by charging all agencies a user fee. What type of fund should be established for this activity?→→ Enterprise Fund True O False O

Answers

The governmental unit should establish an Internal Service Fund (ISF) for the central motor pool activity. Option C is correct.

What is an Internal Service Fund?

An Internal Service Fund (ISF) is a government accounting term that refers to a self-balancing set of accounts that report both the costs of goods or services provided to other funds, departments, or agencies within the government and the revenues received for the services or goods.

This type of fund is used by a government entity to account for services and goods supplied to other units within the same entity.

How do Internal Service Funds operate?

An ISF is a self-supporting, self-funded operation that is financially self-sustaining. It achieves this through a user fee mechanism, where it charges the other departments or agencies in the government for its services, with the fees sufficient to cover the costs of providing the services and generate a surplus, which is kept in the ISF account to reinvest in the operation and fund any necessary equipment or facilities upgrades.

Option C is correct.

The complete question:

A governmental unit establishes a central motor pool to provide service to governmental departments and agencies. The pricing objective of the central motor pool is to break-even by charging all agencies a user fee. What type of fund should be established for this activity?

A. Permanent FundB. Agency FundC. Internal Service-FundD. Special Revenue Fund

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A naturalistic learning style fits a person who enjoys learning through _____.


listening to music

working alone

presenting a summary of a novel

comparing things found in nature

Answers

Answer: comparing things found in nature

Explanation:

Naturalistic learning involves the use of natural elements such as animals, plants, natural events and the environment in general to learn about various concepts.

People who would prefer this style of learning prefer to learn outdoors and are usually found comparing things found in nature to other things regardless of if they are indoors or outdoors. The strong attraction they feel to nature allows them to harness this learning style more effectively.

Answer:

comparing things found in nature

Explanation:

i got it right on my test

Which is one of the greatest risks of being an entrepreneur?
Damage to reputation
Loss of experience
No control over schedule
Financial instability

Answers

Answer:

Financial instability

Explanation:

Katrina has a list of products and their costs in her worksheet. she has set the more costly products to be highlighted with a color. how has she done this?

Answers

Katrina used colour formatting to draw attention to the worksheet's most expensive items. To automatically highlight the cells that satisfy particular criteria, in this case, the greater costs, she has probably used conditional formatting rules.

To highlight the more costly products in her worksheet, Katrina has used a specific method. Here are the steps she has followed:
1. Open the worksheet containing the list of products and their costs.
2. Select the range of cells that contains the product costs.
3. In the toolbar at the top of the worksheet, locate the "Conditional Formatting" option. It is usually located in the "Home" or "Format" tab.
4. Click on the "Conditional Formatting" option, and a drop-down menu will appear.
5. From the drop-down menu, choose the "Highlight Cell Rules" option.
6. In the sub-menu that appears, select the "Greater Than..." option.
7. A dialog box will open, prompting you to enter a value. In this case, you need to enter the threshold cost that determines which products are considered costly.
8. After entering the threshold cost, choose a color from the available options to highlight the cells that meet the condition (i.e., the cells with costs higher than the threshold).
9. Click "OK" to apply the conditional formatting rule.

By following these steps, Katrina has set the more costly products to be highlighted with a color in her worksheet.

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under the omnibus crime control and safe streets act of 1968, what are employers allowed to do?

Answers

Answer:only monitor phone calls for compliance

Explanation:

Acceptance of goods means that the buyer has agreed, by words or by conduct, that the goods received are conforming goods or a satisfactory accommodation. True Or False

Answers

Answer:

True

Explanation:

1) Acceptance of goods occurs when the buyer

(a) after a reasonable opportunity to inspect the goods signifies to the seller that the goods are conformingor that he will take or retain them in spite of their non-conformity; or

(b) fails to make an effective rejection (subsection (1) of Section 2-602), but such acceptance does not occur until the buyerhas had a reasonable opportunity to inspect them; or

(c) does any act inconsistent with the seller's ownership; but if such act is wrongful as against the seller it is an acceptance only if ratified by him.

when sales price increases and all other variables are held constant, the break-even point will ________.

Answers

When the sales price increases and all other variables are held constant, the break-even point will decrease.

when the sales price increases and all other variables are held constant, the break-even point will decrease.

the break-even point is the level of sales or production at which total revenue equals total costs, resulting in zero profit or loss. it represents the point where a company covers all its costs and starts generating profit.

when the sales price increases, each unit sold generates more revenue, which helps cover a larger portion of the fixed costs. as a result, the company needs to sell fewer units to reach the break-even point.

to illustrate this concept, let's consider a simple example. suppose a company has fixed costs of $10,000, variable costs per unit of $5, and initially sells its product for $10. the break-even point is calculated as:

break-even point (in units) = fixed costs / (sales price per unit - variable cost per unit)

break-even point = $10,000 / ($10 - $5) = $10,000 / $5 = 2,000 units

now, if the sales price increases to $15 while all other variables remain the same, the break-even point will be recalculated as:

break-even point = revenue $10,000 / ($15 - $5) = $10,000 / $10 = 1,000 units

as you can see, the break-even point decreased from 2,000 units to 1,000 units when the sales price increased. this means that the company needs to sell fewer units to cover its costs and reach the break-even point.

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When are PIMs most suitable?

Answers

Pimcore

Akeneo

Jasper PIM

PIMs (Personal Information Managers) are most suitable when an individual has a lot of personal or professional information to organize and manage. This can include contact information, appointments, tasks, notes, and other personal or business-related data. PIMs can help an individual stay organized, keep track of important information, and improve productivity.

PIMs can also be beneficial for businesses that require complex or detailed product information, such as technical specifications, compatibility information, and customer reviews. By using a PIM, businesses can ensure that this information is accurate and consistent across all channels, which can help to improve customer satisfaction, increase sales, and reduce the risk of returns or complaints. Overall, PIMs are most suitable for businesses that require efficient and effective management of large amounts of product data and information across multiple channels and platforms.

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Provide a description of the traditional views on the role of a manager that were prevalent over the last 30 years. What do managers do?

Answers

Traditionally, managers are seen as individuals with the responsibility of overseeing the activities of an organization or firm, as well as the coordination of all the departments in the organization.

The manager is responsible for making sure that the organization runs smoothly and effectively, while also ensuring that the goals and objectives of the organization are met. The role of a manager over the last 30 years has been to act as a figurehead of the organization, leading and directing teams of individuals in order to achieve the objectives of the organization. They were responsible for strategic planning, decision-making, problem-solving, and overall administration of the organization. They also acted as a liaison between the organization and other stakeholders such as investors, customers, and suppliers.Over the last 30 years, the traditional views on the role of a manager have been challenged by different management theories and changes in the organizational environment. However, the role of a manager has remained critical in the success of any organization. Managers are expected to exhibit excellent leadership skills, motivate their teams, and communicate effectively with all stakeholders to ensure that the organization's goals and objectives are met. In addition, they must possess excellent decision-making skills, be able to adapt to the changing organizational environment, and lead their teams to success.Managers are also responsible for ensuring that the organization's resources are effectively utilized, creating a positive organizational culture, and driving innovation and change. With the rise of technology and globalization, the role of the manager has expanded beyond the traditional boundaries, and managers are now expected to be more innovative, collaborative, and entrepreneurial.

In conclusion, the traditional views on the role of a manager have evolved over the last 30 years, with new challenges, technologies, and organizational changes. While the role of the manager has remained critical in the success of any organization, the skills required to be an effective manager have evolved. Today's managers must exhibit excellent leadership, communication, and decision-making skills, as well as be adaptable, innovative, and entrepreneurial. They are responsible for the overall success of the organization, creating a positive organizational culture, and driving innovation and change.

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Was the Second Bank of the US a national bank run by federal officials?

Answers

The Second Bank of the United States was Yes bank, in fact, a national bank governed by federal agents. It was founded in 1816 and was based on the First Bank of the United States.

This is the bank which had been founded in 1791 but hadn't received a recharter by 1811. The Second Bank of the United States was established with the goal of serving as the primary depository for federal monies and managing the country's money supply. Its charter was granted for a 20-year period. A board of directors, which was chosen by the US President with the Senate's advice and permission, was in charge of the bank's operations. The Second Bank of the United States was contentious despite its role in the country's financial system, with some politicians and citizens contending that it was unconstitutional and that it favoured the wealthy over the interests of the general populace. Because of these criticisms, the bank ultimately failed. President Andrew Jackson vetoed its recharter in 1832 and eventually succeeded in closing it down in 1836.

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n exhibit 16, suppose the firm faces a price of $80 per unit. how much should the firm produce to earn the largest possible profit?

Answers

To earn the largest possible profit when facing a price of $80 per unit, the firm should produce the quantity where marginal cost equals marginal revenue. This quantity represents the profit-maximizing level of production.

To determine the quantity that maximizes profit, the firm needs to consider the relationship between marginal cost (MC) and marginal revenue (MR). Marginal cost represents the additional cost incurred by producing one additional unit, while marginal revenue represents the additional revenue generated by selling one additional unit.

In a profit-maximizing scenario, the firm should produce up to the point where marginal cost equals marginal revenue (MC = MR). This is because producing an additional unit beyond this point would result in higher costs that outweigh the additional revenue, reducing overall profit.

Without specific information about the exhibit or the firm's cost structure, it is not possible to provide an exact quantity for production. The profit-maximizing quantity will depend on the firm's cost curves, such as the shape of the marginal cost curve and the relationship between price and marginal revenue.

However, to earn the largest possible profit, the firm should determine the quantity at which marginal cost equals the given price of $80 per unit. This equilibrium point will represent the profit-maximizing level of production, where the firm can balance its costs and revenue to achieve the highest profit.

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What Economic Issue arises in this graphic due to the Max Price being below Equilibrium?

Answers

As u asked in ur question which food we should have before exercise : ANSWER is - Option (B)

cross check if u have doubt it's correct..

Micromarketing involves marketing to specific countries rather than global markets.
a. true
b. false

Answers

Instead of targeting worldwide audiences, micromarketing targets localized nations.

This statement is wrong because micro marketing tends to focus on specific niche rather than specific countries.

What is Micro Marketing?

It is a type of marketing which is used in order to reach some specific group of people or an individual. These are small in size i.e "micro" in nature or a group which was approached by the customised content.It directly focuses on some niche and targets its potential consumers. There are four levels of micro marketingMass MarketingSegment MarketingNiche MarketingMicro Marketing

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PLS NEED HELP IM BEHIND BAD

PLS NEED HELP IM BEHIND BAD
PLS NEED HELP IM BEHIND BAD
PLS NEED HELP IM BEHIND BAD
PLS NEED HELP IM BEHIND BAD
PLS NEED HELP IM BEHIND BAD

Answers

Answer:

The first answer

Explanation:

Just took it

Lincoln Pizza is a small restaurant on Lincoln Ave. Most of its customers are EIU students. In the current manual ordering system, the restaurant employees have to go through three different activities in order to process a pizza order. The first activity, called Receiving the order, consists in getting customers’ information (such as name, phone number, and address), and getting orders’ information (such as the pizza size, the type of crust, and the ingredients needed to make the pizza). The same process also checks the availability of the ingredients needed before setting the status of the pizza order as "valid". When a pizza order is valid, the employee in charge of Receiving the order provides the valid order information to the cooks who make the pizza. The second activity, Making the pizza, consists in getting the ingredients needed and actually cooking the pizza. At the end of that process, the cooks have to update the manual file that keeps track of the ingredients. They also provide the drivers in charge of delivering the pizza with the (completed) status of the order. The final activity, Delivering the pizza, done by the drivers consists in getting address and payment information from the employee in charge of Receiving the order, and actually delivering the pizza. The drivers provide the customers with a receipt and get payment.
Name all the processes to be found in the Data Flow Diagram of the system.
Name all the external entities to be found in the Data Flow Diagram of the system.
Name all the data stores to be found in the Data Flow Diagram of the system.
Draw the Data Flow Diagram for the new Lincoln Pizza’s ordering system.

Answers

The Lincoln Pizza's new ordering system data flow diagram is DFD for Lincoln Pizza's new ordering system.

Processes to be found in the Data Flow Diagram of the system:

Three different activities are included in the data flow diagram of Lincoln Pizza's current manual ordering system:

Receiving the order

Making the pizza

Delivering the pizza

External entities to be found in the Data Flow Diagram of the system:

External entities can be included in the Lincoln Pizza's data flow diagram in order to get the best results. The entities of Lincoln Pizza's current manual ordering system are mentioned below:

Customers

Employees

Cooks

Drivers

Data stores to be found in the Data Flow Diagram of the system:

The following are the data stores that can be found in Lincoln Pizza's data flow diagram:

Customer Information

Order Information

Ingredients List

Pizza Inventory

File of Completed Orders

Data Flow Diagram for the new Lincoln Pizza's ordering system:

The Lincoln Pizza's new ordering system can be represented using a data flow diagram. A DFD is a visual representation of data sources, data flows, processes, and data stores.

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19. Which medium has the advantage of moving images, sound, and portability in business?
*
(1 Point)
Newspapers
Transit Media
Internet
Radio

Answers

Answer:

Internet

Explanation:

Newspapers can be online, but they are originally on paper, transit media is on billboards or the sides of cars, and the radio is definitely not it.

Sharon is opening a new pizza restaurant that will use a combination of workers and ovens to produce pizzas. Sharon knows from experience that the total number of pizzas she can produce in an hour is given by the function q=4K0.5L0.5 , where q is the number of pizzas per hour, K is the number of ovens, and L is the number of workers. Suppose another pizza restaurant in the same town can produce 19 pizzas per hour. Being an extremely competitive person, Sharon wants to produce 20 pizzas per hour. Therefore, his total hourly cost function is given by ____

Answers

Answer:

Q+X = [4K^1/2L^1/2] + X

Explanation:

L = labour = workers

K = capital = ovens

You don't have the exact value of Q since the values of K and L are not given.

You should however note that Q is less than or equal to 19 pizzas/hour, since Sharon sought to stretch his capacity by producing up to 20 pizzas/hour owing to the presence of a competitor.

Assuming the distance/difference between 20 and Q is X (a positive number).

Sharon's new hourly cost function will be:

\(Q+X = [4K^1/2L^1/2] + X\)

Q+X = 20 and the law of mathematics states that whatever you add to the left hand side must be added to the right hand side, hence the addition of X to both sides of the equation instead of the left hand side alone.

The function can now be rewritten as 20 = [4K^1/2L^1/2] + X

where X = 20 - Q

According to taylor's principles, which of these might help to improve workers' productivity?

Answers

According to Taylors principles the option that wouldn't help to improve the productivity of workers would be to carefully select workers according to their abilities and give workers training.

What does it mean to give workers training?

This has to do with all of the activities that the business would have to carry out by carefully choosing to ensure that the workers are well trained in all of the departments that they are to work. The business would do this by organizing trainings and other forms of seminars foir the the workers.

What it means to work according to ability?

This means getting people to work in the areas that they are known to be best suited. Based on the ways that they have shown their skills and their experiences, they can be selected to work in the departments.

Hence we can say that According to Taylors principles the option that wouldn help to improve the productivity of workers would be to carefully select workers according to their abilities and give workers training.

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