The crowding-out effect suggests that budget deficits that lead to higher interest rates reduce private investment spending. When the government implements expansionary fiscal policy, it often increases its spending or reduces taxes to stimulate economic growth. This can lead to an increase in budget deficits, as the government may need to borrow more money to finance its spending.
As a result, the demand for loanable funds increases, causing interest rates to rise. Higher interest rates make borrowing more expensive for businesses and individuals, which can lead to a decline in private investment spending. This reduction in private investment is known as the crowding-out effect, as government borrowing essentially "crowds out" private investment in the market for loanable funds.
While expansionary fiscal policy may initially be intended to fight a recessionary downturn, the crowding-out effect suggests that it might not be as effective as intended due to the reduction in private investment spending. Therefore, it is essential to consider the potential impact of the crowding-out effect when designing fiscal policies to combat economic fluctuations.
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The complete question is
The crowding-out effect suggests that among the following answer choices:
A. Contractionary fiscal policy is an effective weapon against inflation.
B. Expansionary fiscal policy will be a highly effective weapon for fighting a recessionary downturn.
C. A budget surplus will cause the demand for loanable funds to decline, interest rates to rise, and aggregate demand to decrease.
D. Budget deficits that lead to higher interest rates reduce private investment spending.
Which of the following statements accurately describes the crowding-out effect?
Underlying the dividend irrelevance theory proposed by Miller and Modigliani is their argument that the value of the firm is determined only by its basic earning power and its business risk. (True or False)
True, The foundation of Miller and Modigliani's suggested dividend irrelevance hypothesis is their claim that the firm's worth is solely decided by its fundamental earning capability and its business risk.
What is Business Risk?Business risk is the possibility that a company or organization will experience declining profits or collapse. Anything that undermines a corporation is a risk. the ability of the organization to achieve its financial goals. Business risk can result from the interaction of several factors. senior executives of a company or Leadership may on occasion create conditions that subject a corporation to greater levels of risk.
However, there are times when a firm is not the only source of danger. As a result, a business cannot completely protect itself against danger.
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Please help
Give four examples of how a business product can affect its operations function
Carter company reported the following financial numbers for one of its divisions for the year; average assets of $4,150,000; sales of $4,575,000; cost of goods sold of $2,600,000; and operating expenses of $1,422,000. assume a target income of 10% of average assets. compute residual income for the division:
$138,000 is the residual income for the division. It assists the institutions in figuring out whether a person makes enough money to cover his expenses and obtain a second loan.
Why do you calculate residual income?Being one of the numbers that banks and lenders consider before approving loans makes residual income an important metric.
Given
Assets =$4150000
COGS =$2600000
Operating expenses =$1422000
Target Income = 10%
Sales =$4575000
Required to Calculate Residual value =?
Residual Value = Operating Income - ( Target income x average assets)
Operating income = Sales - COGS - Operating expense
= 4575000 - 2600000 - 1422000 = 553000
Residual income = 553000 - (10% x 4150000) = $138000
Thus, the residual income is $138,000 for the division.
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What is profit in an economic system?
A. Profit is the investment a producer makes in the economy to achieve financial gain.
B. Profit is the net change in the value of the economy due to an exchange.
C. Profit is the financial gain resulting from an exchange.
D. Profit is the investment a consumer makes in the economy to achieve financial gain.
Answer:
I think D is correct answer
The profit in the economic system is the investment made by the consumer for accomplishing the financial gain.
The information related to the profit is as follows:
It is the surplus that comes after deducting the cost from the revenue made. It is the investment that should be made by the consumer for attaining financial gain.Therefore all the other options are incorrect.
Thus we can conclude that profit in the economic system is the investment made by the consumer for accomplishing the financial gain.
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A(n) _____ is a deliverable-oriented grouping of the work involved in a project that defines the total scope of the project, and it can have several layers.
Group of answer choices
business case
work breakdown structure
project scope statement
project charter
A work breakdown structure (WBS) is a deliverable-oriented grouping of the work involved in a project that defines the total scope of the project and it can have several layers.
A work breakdown structure (WBS) is a visual representation of the project's breakdown. It organizes and details all project deliverables and tasks, resulting in a more accurate and manageable project workflow.Breaking down a project into more manageable pieces makes it easier to plan, manage, and evaluate. The WBS can be as simple as a bulleted list of tasks or as complex as a hierarchical chart with multiple layers. The objective of a work breakdown structure is to set up a systematic approach to the project's scope and tasks. It aids in the creation of project schedules, resource allocation, and cost estimation.
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____ is a method of achieving access to information by actually joining the organization as an employee or a consultant.
The method of achieving access to information by actually joining the organization as an employee or consultant is called industrial espionage.
Industrial espionageIndustrial espionage is a practice where one company gains access to trade secrets or confidential information from another company, and then uses that information to gain a competitive advantage in the marketplace.There are various forms of industrial espionage, and some of them are:
Recruiting or hiring current employees of a competitor to learn about their trade secrets and confidential information.
Bribing or blackmailing employees of a competitor to disclose confidential information.Infiltrating a competitor's computer system to steal confidential information.Accessing confidential documents or files by stealing or hacking.
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a)Sold goods to Kriti on credit costing Rs. 8,000 for Rs. 10,000.
b)Paid salary in advance Rs. 15,000.
c)Rent outstanding Rs. 2,000.
d)purchased furniture for Rs. 12,000 giving Rs. 4,000 in cash and balance on credit.
e)furniture purchased and paid by cheque rs10,000.
:journal entry.
Answer:
Here are the journal entries for the given transactions:
a) Sold goods to Kriti on credit costing Rs. 8,000 for Rs. 10,000.
Debit: Accounts Receivable (Kriti) 10,000
Credit: Sales Revenue 10,000
Debit: Cost of Goods Sold 8,000
Credit: Inventory 8,000
Copy
b) Paid salary in advance Rs. 15,000.
Debit: Prepaid Salary 15,000
Credit: Cash 15,000
Copy
c) Rent outstanding Rs. 2,000.
Debit: Rent Expense 2,000
Credit: Accrued Rent Payable 2,000
Copy
d) Purchased furniture for Rs. 12,000 giving Rs. 4,000 in cash and balance on credit.
Debit: Furniture 12,000
Credit: Cash 4,000
Credit: Accounts Payable 8,000
Copy
e) Furniture purchased and paid by cheque rs10,000.
Debit: Furniture 10,000
Credit: Cash (or Bank if paid by cheque) 10,000
There is a growing movement in the United States led by the progressive wing of the Democratic Party to have the federal minimum wage raised to $15/hr. Some people agree with the $15/hr minimum wage for the United States, while others oppose raising the minimum wage. The arguments against raising the minimum wage range from the government should not dictate salaries to it will cause low wage workers to lose their jobs since businesses cannot afford a $15/hr minimum wage.
Do you agree with a $15/hr federal minimum wage? The current federal minimum wage in the United States is $7.25/hr. Fully explain your position on this issue in 2 - 3 paragraphs.
Source: Surviving an Unlivable Wage l Full Documentary (Financial Literacy)
In my opinion, minimum wage should be increased because an increase in minimum wage would reduce poverty, increase consumer spending, and promote economic growth.
Why Should Minimum Wage be Increased?Minimum wage has not kept pace with inflation, and that the current federal minimum wage of $7.25/hr is not a living wage in most parts of the United States. A $15/hr minimum wage would provide a more realistic living wage for many low-wage workers, but there is disagreement on whether this should be achieved through federal legislation or through individual state action.
Ultimately, whether or not to raise the minimum wage is a complex issue that involves balancing the needs of workers, businesses, and the overall economy. It is important for policymakers to carefully consider the potential impacts of any minimum wage increase and to find ways to support low-wage workers without unduly burdening businesses.
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Organizations that focus on raising money to spend on political campaigns are called:_______
Organizations that focus on raising money to spend on political campaigns are called political action committees (PACs).
PACs are a type of organization that is formed primarily to raise and spend money to influence political campaigns and elections. PACs can support candidates, political parties, or specific issues, and they are required to register with the Federal Election Commission (FEC) and report their contributions and expenditures. PACs can be sponsored by corporations, labor unions, trade associations, or other groups, and they are subject to certain legal limits on the amount of money they can donate to candidates or parties.
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For the month of September, Florida, Inc. , incurs a direct materials cost of $12,000 for 7,500 gallons of strawberry lemonade produced in its Mixing Department. It also incurs conversion costs of $6,000 with 80% completed. If the conversion cost per equivalent unit was $1. 15 per gallon in August, what is the difference in the conversion cost per equivalent unit between the two months?
The difference in the conversion cost per equivalent unit between August and September for Florida, Inc. is $0.05 per gallon.
To calculate the conversion cost per equivalent unit in September, we need to determine the equivalent units of production for both direct materials and conversion costs. The equivalent units for direct materials is simply the number of gallons produced, which in this case is 7,500.
For conversion costs, we need to calculate the equivalent units of production for both the completed and in-process units. In September, the completed units were 6,000 gallons (80% of 7,500), while the in-process units were 1,500 gallons (20% of 7,500). The total equivalent units of production for conversion costs is 7,500 gallons.
To calculate the conversion cost per equivalent unit for September, we divide the total conversion costs ($6,000) by the total equivalent units of production (7,500 gallons). This gives us a conversion cost per equivalent unit of $0.80 per gallon.
To calculate the difference in conversion cost per equivalent unit between August and September, we subtract the August conversion cost per equivalent unit ($1.15 per gallon) from the September conversion cost per equivalent unit ($0.80 per gallon), which gives us a difference of $0.35 per gallon.
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4) The ________ function is responsible for identifying customers.
A) finance and accounting
B) human resources
C) manufacturing and production
D) sales and marketing
E) distribution and logistics
The correct answer is D) sales and marketing.
The sales and marketing function is responsible for identifying customers. This function focuses on understanding the target market, conducting market research, and developing strategies to attract and engage potential customers. It involves activities such as market segmentation, customer profiling, lead generation, and customer relationship management.
The sales and marketing team analyzes customer needs, preferences, and behaviors to create effective marketing campaigns, promotional activities, and sales tactics. By identifying customers, the sales and marketing function plays a vital role in driving revenue generation and business growth. They are responsible for building relationships with customers, communicating the value of products or services, and ultimately converting leads into sales.
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1. Table: Balance of Payments Data (in millions)Country A Country B Country C Country DTrade balance $1,000 –$2,000 –$8,000 $3,000Change in official reserves 1,000 –2,000 Net income on capital held abroad 4,000 – 3,000 –1,000Net transfer payments –3,000 4,000 –1,000Foreign direct investment 2,000 5,000 9,000Portfolio investments –3,000 2,000 –7,000Other investments 2,000 –1,000 – 6,000 –4,000What is country C’s current account balance?$2,000$1,000–$1,000–$3,0002. Table: Exchange RatesYear Exchange Rates2000 1 U.S. $ = 0.5 British £ 0.4 European € = 100 Japanese ¥2004 1 U.S. $ = 1.0 British £ 0.8 European € = 200 Japanese ¥Based on the hypothetical exchange rate information for the two years in the table, the price of 1 Japanese yen in terms of European euros in 2004 was:€40.€100.€0.004.€0.1.
With the given data in the two tables, the current account balance for country C in Table 1 is $8000 and based on the hypothetical exchange rate information for the two years in the second table, the price of 1 Japanese yen in terms of European euros in 2004 was €0.004.
1. To find country C's current account balance, we need to add up the trade balance, net income on capital held abroad, and net transfer payments. So, the calculation would be:
Current account balance = Trade balance + Net income on capital held abroad + Net transfer payments
Current account balance = (-$8,000) + (-$1,000) + $1,000
Current account balance = -$8,000
Therefore, country C has a current account balance of -$8,000.
2. To find the price of 1 Japanese yen in terms of European euros in 2004, we need to compare the exchange rates of euros and yen in 2004. We know that 1 euro was equal to 200 yen in 2004, so we need to find the exchange rate of euros to US dollars in 2004, and then divide that by the exchange rate of US dollars to British pounds in 2004, to get the exchange rate of euros to British pounds in 2004, and then finally divide that by 200 to get the price of 1 yen in terms of euros.
Exchange rate of euros to US dollars in 2004 = 0.8
Exchange rate of US dollars to British pounds in 2004 = 1.0
Exchange rate of euros to British pounds in 2004 = 0.8/1.0 = 0.8
Price of 1 yen in terms of euros = 0.8/200 = €0.004
Therefore, the price of 1 Japanese yen in terms of European euros in 2004 was €0.004.
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Analyse why the social benefit of education exceed the private benefit
Answer:
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Explanation:
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the margin of safety for the miter saw is?
A. two inches
B. three inches
C. four Inches
D. six inches
Answer:
D six inches
Explanation:
Your still cute
Answer: D. Six inches MINIMUM margin of safety at all times.
Blossom Company received a check for $28320 on July 1 which represents a 6 month advance payment of rent on a building it rents to a client. Unearned Rent Revenue was credited for the full $28320. Financial statements will be prepared on July 31. Blossom's should make the following adjusting entry on July 31:
A. debit Cash, $28320; credit Rent Revenue, $28320.
B. debit Rent Revenue, $4720; credit Unearned Rent Revenue, $4720.
C. debit Unearned Rent Revenue, $28320; credit Rent Revenue, $28320.
D. debit Unearned Rent Revenue, $4720; credit Rent Revenue, $4720.
Answer:
D. debit Unearned Rent Revenue, $4720; credit Rent Revenue, $4720.
Explanation:
When the Cash was received for 6 month`s Rent the entry was :
Debit : Cash $28320
Credit : Unearned Rent Revenue $28320
At 31 July when 1 month`s rent expires the entry will be :
Debit : Unearned Rent Revenue (1/6 x $28,320) $4,720
Credit : Rent Revenue $4,720
thus
We reverse the liability - Unearned Rent Revenue and recognize Revenue for the month expired.
True or false: 1) Digital computers add only two binary numbers at a time: 2) The 1- complement of 1010 is 0101 . 3) In sign-magnitude format a "1' in the sign bit position indicates the number is negative.'
Answer more than 100 words:
1) False, digital computers are capable of adding more than two binary numbers at a time.2) True, the 1-complement of a binary number is obtained by changing all the 0's to 1's and all the 1's to 0's. 3) True, in sign-magnitude format, the leftmost bit represents the sign of the number.
1) False, digital computers are capable of adding more than two binary numbers at a time.
This is done by breaking the addition problem into smaller pieces and adding them together. Digital computers use a technique called "carry propagation" to add numbers together, which involves adding one bit at a time and carrying the remainder to the next bit.
2) True, the 1-complement of a binary number is obtained by changing all the 0's to 1's and all the 1's to 0's. In this case, the 1-complement of 1010 would be 0101.
3) True, in sign-magnitude format, the leftmost bit represents the sign of the number. A "0" in the sign bit position indicates a positive number, and a "1" indicates a negative number. Therefore, a "1" in the sign bit position indicates the number is negative.
In conclusion, digital computers can add more than two binary numbers at a time, the 1-complement of a binary number can be obtained by flipping all the bits, and a "1" in the sign bit position of a sign-magnitude format indicates a negative number.
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Which best describes a mixture?
ООО
It has a single composition, and it has a set of characteristics that does not change.
It can have different compositions, but it has a set of characteristics that does not change.
It has a single composition, but it has a set of characteristics that does change.
It can have different compositions, and it has a set of characteristics that does change.
Answer: it can have different compositions, and it has a set of characteristics that does change.
Explanation:
A mixture is form when other substances are being mixed together. In such scenario, it has different composition and it characteristics are been altered.
Therefore, the option that best describes a mixture is option D "It can have different compositions, and it has a set of characteristics that does change"
Answer:
D.
Explanation:
Points which will benefit in business
Answer:
thanks ms girl :)))
Explanation:
:)))
A __________ breach of contract discharges the nonbreaching party’s duties and permits that party to sue for damages or __________ the contract and seek __________.
A material breach of contract discharges the non breaching party’s duties and permits that party to sue for damages or revoke the contract and seek a temporary injunction.
A material breach allowed by the contract cannot even come close to being a breach, much less a significant breach, according to contract law. Additionally, the duties sum was not paid. You would have the right to sue if you ordered a computer online and only received the monitor because that would constitute a serious non breaching of the contract. There are numerous ways a contract might be broken, however the following are the most typical: Content Breach Impertinent Breach.
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Case Study #1
Dan is a 40 year-old with Spina-Bifida and inability to walk. He uses a wheelchair for mobility. He is unable to transfer from his chair and requires personal assistance for dressing, using the toilet and transferring from his chair. He has attempted to work several times, but has not held jobs due to a number of factors- transportation, time demands for dressing, eating and being transported to work. He currently is in a volunteer job with the sheriff's office doing routine filing and other clerical tasks. He has average intelligence, but lacks confidence due to low self-esteem, which has been reinforced, by his lack of success in employment.
1. Is he eligible for DVR services?
2. Is he eligible for Supported Employment?
3. Develop an outline for an IPE to address Dan's employment related needs.
4. List the extended ongoing support services he will need to maintain employment.
1. Is he eligible for DVR services?
Yes, Dan is eligible for DVR services. DVR stands for Disability and Rehabilitation Services. It is a federal program that provides employment-related services to people with disabilities. Dan's disability, Spina Bifida, would qualify him for DVR services.
2. Is he eligible for Supported Employment?
Yes, Dan is eligible for Supported Employment. Supported Employment is a type of DVR service that provides ongoing support to people with disabilities who are trying to find and keep jobs. Dan's need for personal assistance and transportation would make him a good candidate for Supported Employment.
3. Develop an outline for an IPE to address Dan's employment related needs.
An IPE is an Individualized Plan for Employment. It is a document that outlines the employment-related goals and services that a person with a disability will receive. An IPE for Dan would include the following:
Goals: The IPE would identify Dan's employment goals, such as finding a job, getting promoted, or starting his own business.
Services: The IPE would list the services that Dan would need to achieve his goals, such as job training, job placement, or transportation assistance.
Timeline: The IPE would set a timeline for achieving Dan's goals.
Evaluation: The IPE would include a plan for evaluating Dan's progress and making adjustments to the plan as needed.
4. List the extended ongoing support services he will need to maintain employment.
The extended ongoing support services that Dan will need to maintain employment include:
Personal assistance: Dan will need personal assistance to help him with dressing, using the toilet, and transferring from his chair.
Transportation: Dan will need transportation to and from work.
Flexible work schedule: Dan may need a flexible work schedule to accommodate his personal assistance needs.
Ongoing training: Dan may need ongoing training to keep his skills up-to-date.
Support from his employer: Dan will need support from his employer to be successful in his job. This may include providing him with a workspace that is accessible to his wheelchair and making sure that his co-workers are aware of his disability.
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How would a single person with a taxable income of $15,000.00 per year and a single person with a taxable income of $300,000.00 per year be treated differently-and similarly-in terms of national taxes?
Answer:
Would a person earning $15,000 per year and a person earning $300,000 per year be in the same federal tax bracket? ... No, because federal income tax is progressive. If single in 2014, the $15,000 would be in the 15% marginal bracket, the $300,000 would be in the 33% marginal bracket. When would you have to pay a gift tax?
Explanation:
Because the national tax is based on progressive tax method, then, the tax rate will be higher for high income earners and vice versa.
What is the progressive tax method?This is a taxation method that works that imposing a tax rate based on the taxpayer ability to pay them.
The progressive tax imposed higher rate for high income and lower rate for low income.
Therefore, the national tax is based on progressive tax method which is reflected in the question aksed.
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question 2 the model in question 3 is investigating the determinants of household consumption in south africa. use the eview output below to answer the questions that follows dependent variable: consumption method: least squares date: 11/18/10 time: 00:31 sample: 20052014 included observations: 10 a. detect the main problem on the model (3 marks) b. explain
Question: Question 2 The Model In Question 3 Is Investigating The Determinants Of Household Consumption In South Africa. Use The Eview Output Below To Answer The Questions That Follows Dependent Variable: CONSUMPTION Method: Least Squares Date: 11/18/10 Time: 00:31 Sample: 20052014 Included Observations: 10 A. Detect The Main Problem On The Model (3 Marks) B. Explain

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Aggregate consumption expenditure is considered to be a major variable in determining a country’s growth, and is mostly used in forecasting the economic prospects of a country. Thus, understanding of a country’s consumption behaviour plays a central ...
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Question 2 The model in question 3 is investigating the determinants of household consumption in South Africa. Use the Eview Output below to answer the questions that follows Dependent Variable: CONSUMPTION Method: Least Squares Date: 11/18/10 Time: 00:31 Sample: 20052014 Included observations: 10 a. Detect the main problem on the model (3 Marks) b. Explain the two causes of the problem identified in (a) (6 Marks) c. In detail explain the consequences that are Likely to be experienced if the OLS regression model suffers from such a problem (6 Marks) d. Explain other methods which can be used to detect the problems identified in (a) (5 Marks) e.
The main problem is not specified in the given question and does not provide sufficient information to determine the main problem. The question does not provide sufficient information to pinpoint the main problem in the model investigating the determinants of household consumption in South Africa.
Step 1/3:
The main problem detected in the model investigating the determinants of household consumption in South Africa is not specified in the given question.
Step 2/3:
To accurately identify the main problem in the model investigating the determinants of household consumption in South Africa, it is necessary to analyze the specific details provided in the Eview output. Unfortunately, the question does not provide the required information to determine the main problem. Without understanding the variables, statistical methods, and other relevant factors employed in the model, it is not possible to offer a comprehensive explanation.
Identifying the main problem requires a thorough examination of the model's components, including potential issues related to data quality, model specification, or statistical assumptions. Additionally, understanding the context and dynamics of household consumption in South Africa is crucial for detecting specific challenges that may affect the model's accuracy and reliability. Without this information, it is difficult to provide an in-depth analysis or propose meaningful solutions.
Step 3/3:
The question does not provide sufficient information to pinpoint the main problem in the model investigating the determinants of household consumption in South Africa. It is essential to have access to the specific details of the Eview output, such as the variables, statistical methods, and other relevant factors, in order to accurately detect and explain the main problem.
To gain a deeper understanding of the determinants of household consumption in South Africa, it is recommended to explore research studies, statistical analysis techniques, and economic factors that influence consumption patterns. By delving into the literature and examining related research, one can uncover potential problems and limitations in the model.
Furthermore, understanding the socio-economic context of South Africa is vital for comprehending the unique challenges and dynamics of household consumption in the country. Factors such as income inequality, employment rates, government policies, and cultural influences can significantly impact consumption behavior.
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Cindy Haskins is paid $9.00 an hour. Her overtime rate is 2 times (double time) her regular hourly rate. This week Haskins worked her regular 40 hours plus 8 hours of overtime. What is her total pay?
Her entire compensation is $504.
The term "total pay" means what?Total Pay is the sum of a worker's regular straight-time pay or base salary plus any additional wages received for overtime, shift differentials, incentive pay, bonuses, and other special payments.
The following formula will be used to determine Cindy Haskins' total compensation:
Hourly Payment per hour= $9.00
Hours worked= 40 hours
Payment = 40 X 9 = $360
Overtime payment per hour = $9.00 X 2= $18
Overtime = 8 hours
Payment = 18 X 8= $ 144
Total Payment= $360 + $144= $504
How do you figure up total pay?The number of hours worked multiplied by the hourly wage of an employee is how gross wages for hourly workers are determined. For instance, if a worker does 25 hours per week of part-time employment at a wage of $12, their gross compensation would be $300 (25 x $12 = 300).
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what is technical education
Answer:
Technical education is learning something about a specific work scientifically in detail and practical.
Answer:
The academic and vocational preparation of students for jobs involving applied science and modern technology!
Explanation:
what is the sodastream ""product leadership"" strategy?
The "Product Leadership" strategy has been effective for SodaStream as it has enabled the company to stay ahead of competitors by consistently delivering superior products to customers.
The SodaStream "Product Leadership" strategy is a product development and marketing approach to ensure that the company's products are the best in the market by continuously improving them.
Product Leadership is one of the competitive strategies that firms pursue to achieve a competitive advantage in the marketplace.
The company's "Product Leadership" strategy seeks to outperform competitors by continuously enhancing its product offerings, providing unique features and functionalities, and enhancing product quality and reliability.
The company's strategy focuses on continuous product development and improvement, enabling it to differentiate its product from the competition by providing the latest technology, distinctive product design, innovative features, and enhanced performance.
The "Product Leadership" strategy is focused on creating superior products, which meet customer needs and exceed customer expectations.
The strategy involves investing in research and development, creating and maintaining strong intellectual property rights, and continuously improving products through innovation, design, and technology.
It enables the firm to increase market share and profitability by providing value to customers through superior products that are not available in the market.
The "Product Leadership" strategy has been effective for SodaStream as it has enabled the company to stay ahead of competitors by consistently delivering superior products to customers.
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The socially optimal quantity of pollution is:_________.
a. the amount of pollution society would choose if the marginal social cost of pollution were zero.
b. the amount of pollution society would choose if all costs and benefits were fully accounted for. zero.
c. the amount of pollution society would choose if the marginal social benefit of pollution were zero.
Based on standard practices, the socially optimal quantity of pollution is "the quantity whose marginal social cost equals the marginal social benefit."
What is the socially optimal quantity?The socially optimal quantity is the term used to describe output quantity that reveals equilibrium between the costs and benefits of social conditions.
Therefore when the quantity of pollution whose marginal social cost equals the marginal social benefit occurs, this is a socially optimal quantity of pollution.
Hence, in this case, it is concluded that the correct answer is the quantity whose marginal social cost equals the marginal social benefit.
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__________ is the motivating factor allowing the worker to understand the importance of his/her job.
Job satisfaction is the motivating factor allowing the worker to understand the importance of his/her job.
The motivating factor allowing the worker to understand the importance of his/her job is job significance. When an employee understands the significance of their job and how it contributes to the overall success of the organization, they are more likely to be motivated and engaged in their work.
This understanding can also lead to a sense of purpose and fulfillment in their role. Managers can help promote job significance by providing regular feedback and recognition for a job well done, as well as clearly communicating how each employee's role fits into the larger picture of the organization's goals and mission.
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If a business owner invests $5,000 in cash into the business, which side of the T for the cash account would the $5,000 be recorded?
a. Debit b. Credit c. Net income d. It would not be recorded because the cash comes from the owner.
A company sells a plant asset that originally
cost $528000 for $194000 on December
31, 2017. The accumulated depreciation
account had a balance of $264000 after
the current year's depreciation of $44000
had been recorded. The company should
recognize a
Answer:
The company should recognize a loss of $70,000
Explanation:
Here in this question, we shall be evaluating what should be recognized in the transaction books of the company as a result of the sales of one of its plant asset.
The first thing to do here is to calculate the book value of the plant asset.
Mathematically, the book value of the plant asset = Original cost of plant asset - Accumulated depreciation value
from the question; the original cost is $528,000
while the depreciation value is $264,000
Thus, the book value of the plant asset = $528,000 - $264,000 = $264,000
Now since the company sold the plant asset at a value of $194,000, which is less than the book value of the plant asset, the company should recognize a loss
The amount of the loss = Amount at which the sold - book value of the plant asset
= 194,000 -264,000 = -70,000
Thus the company should recognize a loss of $70,000
If a firm wished to maximize total revenues, it should produce where: a. marginal revenue is equal to marginal cost. b. marginal revenue is zero. c. marginal cost is zero. d. marginal revenue is equal to price.
Answer:
A. marginal revenue is equal to marginal cost
If a firm wished to maximize total revenues, it should produce where marginal revenue is equal to marginal cost. Thus, option A is correct.
What is the marginal cost?The marginal cost is the rise in production costs caused by the manufacture of more product units. It's also referred to as the marginal cost of manufacturing. Measuring the marginal cost enables businesses to determine how volume produced affects cost and, eventually, profits.
The marginal cost is the incremental cost of producing an additional item. Assume that it costs $100 to produce 100 vehicle tires. It would cost $80 to create one extra tire. This is the marginal cost: the cost of producing one more unit of an item or service. The marginal cost is determined by the costs of production.
To maximize overall revenues, a company should create where marginal revenue equals marginal cost. As a result, option A is correct.
Learn more about marginal cost here:
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