The concept that refers to the instantaneous rate of change of cost is known as marginal cost.
Marginal cost is the additional cost that is incurred for producing one more unit of output. It is calculated by dividing the change in total cost by the change in output.
The formula for calculating marginal cost can be represented as: Marginal cost = (change in total cost) / (change in output)Marginal cost is an essential concept in economics as it is used by firms to determine the optimal level of production.
When a firm produces more units, the marginal cost of production increases as the firm incurs additional costs like labor, raw materials, and other inputs required for producing one more unit. As the marginal cost increases, the profit margins of the firm decrease.
Hence, the optimal level of production for the firm is the point where the marginal cost equals the marginal revenue generated by selling an additional unit of output.
In other words, the optimal level of production is the point where the marginal cost curve intersects the marginal revenue curve.
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When the government attempts to improve equality in an economy the result is often ____________
a. an increase in overall output in the economy.
b. a reduction in efficiency.
c. additional government revenue since overall income will increase.
d. a reduction in equality.
how are wages determined in a free market?
Answer:
Classical economists argue that wages—the price of labor—are determined (like all prices) by supply and demand. They call this the market theory of wage determination. ... Long story short: the price of labor is determined in the free market just like every other price, by the intersection of supply and demand.
Explanation:
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The relationship between stockholders and management can best be described as a(n) ______ relationship.
There is a relationship between the management of a firm (the agent) and its stockholders (the principal).
Why do managers and investors have an agency relationship?
The reason is that the stockholder is liable for the executive's business decisions, which have an impact on the stockholder's investment. A bad relationship will start if the corporate executive behaves adversely and lowers the value of the stockholder's shares.
Are the stockholders and the management the same?
A corporation's "owners" are its stockholders, who gain from dividend payments and stock price growth. The everyday management of the company is done by managers, who act as the stockholders' agents.
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When there are many people seeking the same job, this is known as a _____ of workers.
PLS DONT GUSSSS!!!!!!!!!
consumer
demand
projection
surplus
Answer:
surplus
Explanation: A surplus is a group of people searching for the same job.
Answer:
surplus
Explanation:
What is target Market
small group of archery enthusiasts
a place that Target employees get discounts on returned items
a group of people we direct our marketing efforts towards
a place to exchange common bar games and equipment
Answer:
shoes
Explanation:
24. The company is considering two independent projects with an initial cost of $18,000 each. The cash inflows of Project A are $3,000, $7,000, and $10,000 for Years 1 to 3, respectively. The cash inflows for Project B are $3,000, $7,000, and $15,000 for Years 1 to 3, respectively. The required return is 12 percent and the cutoff discounted payback period is 3 years. Based on discounted payback, which project(s), if either, should be accepted
Answer: Project B
Explanation:
To find out the project that should be accepted based on the discount rate and the cut-off discounted payback periods, find the present value of the three year cashflows of each project. If it is larger than the initial investment then it should be accepted:
Project A
= 3,000 / (1 + 12%) + 7,000 / (1 + 10%)² + 10,000 / (1 + 12%)³
= $15,376.73
Project A's present value is less than the initial investment of $18,000 so it should not be chosen.
Project B
= 3,000 / (1 + 12%) + 7,000 / (1 + 10%)² + 15,000 / (1 + 12%)³
= $18,935.63
Project B's present value is larger than the initial investment of $18,000 so it should be chosen.
Which two ways is productivity commonly measured? (Select two answers.) Number of workersAge of workersHours of laborLevel of educationNumber of competitors
Answer:
Number of workersHours of laborExplanation:
Productivity is a gauge of efficiency in the production process. The most common way of calculating it is by dividing the outputs by inputs.
The other way of calculating productivity is through labor. Labor productivity assesses the rate of output per worker per unit of time, usually hourly. Labor productivity is also the business's total production per unit of time, say an hour or per day.
What must be shown to prove negligence that is not needed to prove strict
liability?
A. Injury
B. Fault
C. Stream of commerce
D. Defective product
Answer:
A. Injury
Explanation:
Given that for strict liability, the defendant is only liable to accidents he or she causes, that is to prove strict liability, the plaintiff must show
cause and damages. Whereas on negligence, it is required of a plaintiff to show duty, breach, cause, and injuries.
Hence, what must be shown to prove negligence that is not needed to prove strict is "Injury" as it covers a lot of factors including both cause and damages of strict liability.
Answer:
A.P.E.X is D
Explanation:
what is the difference between the turbo button and the victim button
which of the following is not a benefit of outsider dominance on boards of directors? group of answer choices there is a larger number of candidates for outsider-only board committees. there is broader access to knowledge and resources in the broader business community. there is independent oversight of the ceo, as well as the strategy of the firm. there is less information that the board receives about the operations of the firm because it is filtered through the ceo.
There is less information that the board receives about the operations of the firm because it is filtered through the CEO is not a benefit of outsider dominance on boards of directors.
Outsider dominance on boards of directors can bring in diverse perspectives, expertise, and resources that can benefit the organization. It can also provide independent oversight of the CEO and the strategy of the firm. Additionally, having a larger pool of candidates for outsider-only board committees can help in making more informed decisions.
However, this may lead to less information being available to the board of directors about the operations of the firm because the information is filtered through the CEO.
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When can cool product
be combined with other cool product
Answer:
In what ways are COOL commodities covered? COOL information must be provided at the point of sale for covered commodities. We offer fresh and frozen fruits and vegetables; wild & farm-raised fish and shellfish; muscle cut and ground chicken, lamb, and goat meat; raw peanuts, pecans, and macadamia nuts; and ginseng.
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At macroeconomic equilibriumA. total investment equals total inventories.B. total spending equals total production. C. total consumption equals total production. D. total taxes equal total transfers.
At macroeconomic equilibrium, total spending equals total production. Option (c)
This means that the total amount spent on goods and services in the economy is equal to the total value of goods and services produced. This is also known as the Gross Domestic Product (GDP) of an economy.
Macroeconomic equilibrium occurs when there is no excess demand or supply in the economy, and prices are stable. This means that there are no pressures on prices to rise or fall, and the economy is operating at its full potential.
While total investment, total inventories, total consumption, total taxes, and total transfers are all important components of the macroeconomy, they are not necessarily equal at equilibrium.
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Which type of tax is paid to support transfer payments and other programs of the u.s. government
Federal income tax: An income tax is a type of tax that the federal government levies on people and corporations based on their earnings.
What kind of tax is paid to the government directly? Federal income tax: An income tax is a type of tax that the federal government levies on people and corporations based on their earnings.Defense, foreign policy, law enforcement, and debt interest are just a few of the government initiatives that are funded in part by the federal income tax.Taxes that are paid directly to the government by the taxpayer are known as direct taxes.A progressive tax is one that levies an income tax that is higher for high-income groups than for low-income ones.An equal percentage of revenue from each income category is taken as a tax under a proportional system.Regressive taxes—Taxes that take a bigger percentage of low-income groups' income than high-income groups—are those that are imposed.To learn more about Federal income tax refer
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Question 14
What is the equivalent annual cost for a project that requires a $40,000 investment at time-period zero, and a $10,000 annual expense during each of the next 4 years; if the opportunity cost of capital is 10%?
$22,618.83
$20,000.00
$25.237.66
$21,356.95
The Equivalent annual cost for a project that requires a $40,000 investment at time-period zero, and a $10,000 annual expense during each of the next 4 years; if the opportunity cost of capital is 10% is $22,618.83.
Equivalent Annual Cost (EAC) is the annual cost that can equate the initial cost and other costs of the investment over its lifespan. This metric, also known as annualised cost, can be utilised to determine how much a project or investment would cost per year over its useful life, allowing for more direct comparison of investments or projects with differing useful lifespans and levels of investment.
A formula for Equivalent Annual Cost (EAC) is: EAC = PV × A where PV = Present Value of all future costs of the investment. (In this question, PV = $40,000 + PV of the annuity) A = Annuity factor.
We can calculate the annuity factor for n and i in the future value of annuity table. Equivalent Annual Cost (EAC) = $40,000 + $10,000 × 2.48685= $40,000 + $24,868.52= $64,868.52EAC = $22,618.83
Approximately, equivalent annual cost is $22,618.83.
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Which of the following is relatively inelastic with respect to demand: A. A luxury good. B. A good with few substitutes. C. A good that is very expensive. D. A good that is a complement.
The relatively inelastic good with respect to demand is a good with few substitutes. The correct answer is option B.
Inelastic demand refers to a situation where the quantity demanded by consumers does not change significantly when the price of the good changes. When a good has few substitutes, its demand tends to be inelastic because consumers do not have many alternatives to choose from when the price changes. This means that even if the price increases, consumers will still purchase the good due to the lack of other options.
A. A luxury good - Luxury goods usually have elastic demand, as they are not essential items, and consumers can easily choose not to purchase them when the price increases.
C. A good that is very expensive - Expensive goods can have either elastic or inelastic demand, depending on the availability of substitutes and the necessity of the good. So, this option does not necessarily indicate inelastic demand.
D. A good that is a complement - Complementary goods are those that are used together, like a printer and ink cartridges. The demand for complementary goods can be influenced by the price change of either good, but this relationship doesn't necessarily imply inelastic demand.
In summary, a good with few substitutes has relatively inelastic demand, as consumers have limited alternatives and will continue to purchase the good even when its price changes.
Therefore, option B is the right answer.
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similarities between local market and national market
The professional organization that promotes the advanced of the management accounting profession is:.
The professional organization that promotes the advanced of the management accounting profession in the United States is the Certified Management Accountants Institute.
In some other countries like Britain and Canada, it is called Chartered Institute of Management Accountants.
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Which examples demonstrate common Banking and Related Services workplaces and employers? Check all that apply.
Answers: A, C, E
Bud stands at a counter helping customers with deposits and withdrawals.
Tobias works for an investment company analyzing investment opportunities.
Thanh analyzes a customer’s application for a mortgage in a mortgage company office. Lourdes works for the stock market managing transfers of stock.
Jill meets with a customer in a credit union to discuss a loan.
Suzanne sells health insurance.
Answer:
ace of spades A C E
Explanation:
Answer:here's the right answer for this question
Explanation:edge2023
Toni Torres wants to save $1,100 in the next two years to see a down payment on a new car. It her bank offers hier interest, what monthly payment would she need to make into an ordinary annuity to reach her goal?(round your answer to the nearest cont.) Need Help? (-/3 Points DETAILS JMODDS 5.3.036. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Fred and Melissa Furth's daughter Sally will be a freshman in college in six years. The cover their extra expenses, the Purth decide to set up a sinking fand of $10,000. If the account pays. Interest and they wish to make quarterly payments, find the site of each payment Round your answer to the most cont) 5 Noed Help?
To save $1,100 in the next two years for a down payment on a new car, Toni Torres would need to make a monthly payment into an ordinary annuity.
To calculate the monthly payment needed to reach her goal, Toni Torres can use the formula for the future value of an ordinary annuity. By plugging in the values of $1,100 as the future value, the time period of two years, and the interest rate offered by her bank, she can determine the monthly payment required to achieve her savings goal. The calculation will involve solving for the monthly payment amount. Rounding the final answer to the nearest cent will provide the specific monthly payment amount that Toni Torres needs to make to reach her target savings amount.
Additionally, it's important for Toni Torres to consider her budget and financial capabilities when determining the monthly payment for her savings goal. She should assess her income, expenses, and other financial obligations to ensure that the chosen monthly payment is affordable and aligns with her overall financial plan. It may be helpful for her to adjust the payment amount or the savings duration to create a realistic and manageable savings plan. Regularly monitoring her progress towards the goal and making adjustments as needed will contribute to her success in achieving the desired down payment for the new car.
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Answer:
what happened to karlie
Explanation:
Which is the best description of Economics?
a. the study of how people make decisions when dealing with scarcity
b. the study of money in the financial system (banking system)
c. the study of how people have purchased and sold things throughout history
d. the study of how you should invest your money in the stock market
Answer: A the study of how people make decisions when dealing with scarcity
Explanation:
Prompt
What are company values?
Read More >>
Answer:
As a definition, company core values are the clearly stated principles about the organization’s vision, mission, and principles. That way, everyone is aligned around a guiding philosophy to serve employees, customers, and the broader community.
That can also double as the definition of company culture. In many ways, values and culture are synonymous. They’re both about the higher aspirations of a company. The result is the DNA fundamental to a company’s identity
toldness products, incorporated, has a connector division that manufactures and sells a number of products, including a standard connector that could be used by another division in the company, the transmission division, in one of its products. data concerning that connector appear below: capacity in units 57,000 selling price to outside customers $ 67 variable cost per unit $ 22 fixed cost per unit (based on capacity) $ 29 the transmission division is currently purchasing 11,000 of these connectors per year from an overseas supplier at a cost of $58 per connector. what is the maximum price that the transmission division should be willing to pay for connectors transferred from the connector division?
Based on the information provided, we can calculate the total cost of producing the standard connector by multiplying the variable cost per unit by the capacity, and adding the fixed cost per unit. The total cost would be $2,235,000 (=$22 x 57,000 + $29 x 57,000).
To determine the maximum price that the transmission division should be willing to pay for connectors transferred from the connector division, we need to compare the cost of purchasing from the overseas supplier with the cost of producing the connector in-house.
If the transmission division were to purchase 11,000 connectors from the connector division, the total cost would be $849,750 (=$2,235,000 / 57,000 x 11,000). Dividing this by the number of units purchased (11,000) gives us a cost per unit of $77.25.
Therefore, the maximum price that the transmission division should be willing to pay for connectors transferred from the connector division is $77.25. Any higher price would result in the transmission division paying more than it currently does to the overseas supplier.
In conclusion, it would make sense for the transmission division to purchase connectors from the connector division if the price is lower than $77.25 per unit.
This would not only save the transmission division money, but it would also benefit the company as a whole by promoting inter-divisional cooperation and reducing dependence on overseas suppliers.
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j.c. penney sells a timex watch for $139.99 that cost $89.97. j.c. penney's percent of markup based on the selling price is:
J.C. Penney sells a Timex watch for $139.99 that cost $89.97. J.C. Penney's percent of markup primarily based on the selling price is: ($50.02/$139.99 = 35.73%.)
What does JCPenney sell?J. C. Penney Co., Inc. is a holding company, which thru its subsidiary, J. C. Penney Corporation, Inc., engages in the promoting merchandise and offerings to consumers thru its branch stores and website. It presents appliances, handbags, shoes, jewelry, shoes, and clothes.
How is JCPenney doing financially 2022?It now has 650 shops throughout the majority of U.S. states and Puerto Rico. JCPenney estimates its income for the 2022 fiscal 12 months will whole $9 billion, up 10% from 2021 however down 16% from 2019, according to the Wall Street Journal.
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Define the term teamwork
Answer:
helping and communicating
Explanation:
word done by several associates with each doing a part but all subordinating personal prominence to the effeciency of the whole
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source: merriam webster
Answer:
the combined action of groups ,especially when effective and efficient
Should citizens participating in
criminal trials should have some requirements such as someone who
has a degree? Or someone who makes at least $20,000 per year? Why
or why not?
Citizens participating in criminal trials should not be required to have a degree or make a certain amount of money per year. This is because such requirements would create inequalities in the justice system and violate the principle of equal protection under the law that is enshrined in the US Constitution.
First, requiring citizens to have a degree in order to participate in criminal trials would discriminate against those who cannot afford higher education. This would create an unfair advantage for those who are more affluent and better-educated, and it would prevent many people from serving on juries or as witnesses.
Secondly, requiring citizens to make a certain amount of money per year would also create inequalities. Poorer citizens would be excluded from participating in criminal trials, which would violate their rights to equal protection under the law. Moreover, wealth is not necessarily a measure of a person's ability to serve as a juror or a witness. A person's income level does not necessarily correlate with their intelligence, education, or integrity
.In conclusion,citizens should not be required to have a degree or make a certain amount of money per year in order to participate in criminal trials. Doing so would violate the principle of equal protection under the law, create inequalities, and prevent many people from participating in the justice system.
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What type of accounting is more rules-based?
GAAP
Explanation:
That would be the Generally Accepted Accounting Principles (GAAP) system which is rules based.
Alternatively:
The International Financial Reporting Standards. (IFRS) on the otherhand would be the one thats principles based.
The yielding conflict management style should be used: O a) never b) when the issue is much less important to you than to the other party. c) under almost all circumstances. d) when the other party has much less power than you do. e) when the issue is important to both parties
When the issue is significantly less important to you than it is to the other party, you should employ the yielding conflict management style. Option B is correct.
The various approaches people take to addressing, participating in, and resolving conflicts are known as conflict management styles. Everyone approaches conflict differently. Avoidance, assertiveness, negotiation, and other distinctive characteristics of the various conflict management styles are just a few examples.
Team members see conflict as a way to exchange ideas and allow each party to be heard equally when it is effectively managed. Without conflict that is productive, teams cannot communicate effectively." Rather than a fearful argument, conflict that is appropriately managed is more effective.
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The yielding conflict management style should be used when the issue at hand is of low importance to the person using this style, or when maintaining the relationship is more important than winning the conflict.
The yielding conflict management style, also known as the accommodating style, is one of the five main conflict management styles. It involves giving in to the demands or desires of the other party in a conflict. This style is characterized by cooperation, selflessness, and a willingness to sacrifice one's own needs or desires for the sake of maintaining harmony or preserving the relationship.
The yielding style should be used when the issue at hand is of low importance to the person using this style, or when maintaining the relationship is more important than winning the conflict. It can also be used when the other party has more power or influence in the situation. By yielding, one can avoid escalating the conflict and maintain a positive relationship with the other party.
However, it is important to note that the yielding style is not always the most effective approach to conflict management. It may result in one party feeling taken advantage of or resentful, especially if used excessively or in situations where the issue is important to both parties.
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Which of the following is always a true statement? a. Total employee benefits - job expenses = total employment compensation b. Gross pay total job benefits = total employment compensation c. Gross pay - job expenses = total employment compensation d. Total job benefits - job expenses = total employment compensation Please select the best answer from the choices provided A B C D.
Out of the available possibilities, "Gross pay - job expenses = total employment compensation" is the only one that is consistently true.
Here, gross pay refers to the total amount earned by an employee before any deductions are made, and job expenses refer to the expenses incurred by an employee while performing their job duties. The difference between gross pay and job expenses is the net pay, which is the total employment compensation received by the employee.
While calculating total employment compensation, the employee benefits are not always included. Some benefits such as paid vacations, medical or dental insurance, etc. are optional and can be provided by employers.
These benefits may or may not be included in total employment compensation, so this statement is not always true. Job benefits are additional advantages provided by employers to their employees. While calculating the total employment compensation, gross pay and job benefits are not always added.
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