When the price is increased from $6.25 to $6.50 a meal, the market's supply increases by 152,000.
What is the market supply?The total quantity of a product that manufacturers are willing and capable of selling over a specific time period, such as one month, at various prices, is known as the market supply. A market supply curve, according to the industry, is the horizontal addition of the supply curves for every single firm.
What role does market supply play?The relationship between demand and supply is essential because it influences how much most goods and services cost and are available in a given market. According to the principles of a market economy, the interaction between both demand and supply eventually balances out.
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__________is the blue print that guides the behaviour of people in community .
a) Culture
b) Society
c) Responsibility
d) None of these
Culture is the blueprint that guides the behavior of people in a community.
Culture can be defined as the way of life of a people, including their customs, beliefs, values, artifacts, language, and social organization. Culture is an umbrella term which encompasses the social behavior, institutions, and norms found in human societies, as well as the knowledge, beliefs, arts, laws, customs, capabilities, and habits of the individuals in these groups. Culture is learned and shared and has both physical and abstract components. It helps people to understand who they are, how they should behave, and what they should value.
In conclusion, Culture is the blueprint that guides the behavior of people in a community.
So, Culture is the blueprint that guides the behavior of people in a community.
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Vince’s Vehicle Repairs has a gross profit margin of 60% and a net profit margin of 22%. Turnover was £180000. Calculate other expenses
The net profit margin is calculated as follows:
Net Profit / Sales
We know the net profit margin is 22% and sales is £180000, so we can calculate the net profit:
Net Profit = 22% * £180000Net Profit = £39600
Gross profit is calculated as follows:
Gross Profit = Sales - Cost of Goods Sold (COGS)
We know the gross profit margin is 60% and sales is £180000, so we can calculate the gross profit:
Gross Profit = 60% * £180000
Gross Profit = £108000
The COGS can then be calculated as follows:
COGS = Sales - Gross Profit
COGS = £180000 - £108000
COGS = £72000
The other expenses are calculated as follows:
Other Expenses = COGS - Net Profit
Other Expenses = £72000 - £39600
Other Expenses = £32400
So the other expenses for VINCE’s Vehicle Repairs are £32400.
If a country's birth rate is 15 per 1,000 population per year and the death rate is 10 per 1,000 population per year, what is
the annual population growth rate?
5 per 1,000
10 per 1000
15 per 1,000
25 per 1,000
Suppose a company will issue new 20-year debt with a par value of $1,000 and a coupon rate of 8%, paid annually. The issue price will be $1,000. The tax rate is 35%. If the flotation cost is 2% of the issue proceeds, then what is the after-tax cost of debt? Disregard the tax shield from the amortization of flotation costs. Round your answer to two decimal places. % What if the flotation costs were 11% of the bond issue? Round your answer to two decimal places. %
Answer:
if the flotation costs were 2%, the after-tax cost of debt is 5.10%
if the flotation costs were 11%, the after-tax cost of debt is 4.63 %
Explanation:
After-tax cost of debt = Market Interest × ( 1 - tax rate)
Calculation of the Market Interest
Hint : Use the time value of money principles
Pv = -$1,000
Pmt = $1,000 × 8 % = $80
P/yr = 1
N = 20
Fv = $1,000
YTM = ?
Using a financial calculator, the market interest is 8%
After-tax cost of debt = Market Interest × ( 1 - tax rate)
= 0.08 × (1- 0.35)
= 0.052 or 5.20 %
If Flotation cost is 2%
Net Receipts after flotation cost = Cost × ( 1 - flotation rate)
= 5.20 % × (1-0.02)
= 5.096 % or 5.10% (two decimal places)
If Flotation cost is 11%
Net Receipts after flotation cost = Cost × ( 1 - flotation rate)
= 5.20 % × (1-0.11)
= 4.628 % or 4.63 % (two decimal places)
Consumer surplus will _____ when a monopolist goes from single-price monopoly to perfect price discrimination. Remain the same increase decrease initially increase and then return to its original level.
If a monopolist switches from a single-price monopoly to complete price discrimination, consumer surplus will decline.
Describe consumer Surplus?
The term "consumer surplus" is used in economics to refer to the advantage or satisfaction that a customer has while paying less than their maximum acceptable price for a good or service. It represents the discrepancy between the overall price consumers are willing to pay for a service or product and the price actually paid for it.
If sellers are willing to provide at the level on the demand curve, consumer surplus will rise as prices fall and producer surplus rises as prices rise.
Therefore, Consumer surplus will reduce when a monopolist goes from single-price monopoly to perfect price discrimination.
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what type of lighting fixture would you specify if you wanted the lowest installed cost?
If the goal is to achieve the lowest installed cost, then a bare-bulb fixture or a simple flush-mount fixture would likely be the best choice.
What is a bare-bulb fixture?
These types of fixtures typically have the least amount of material and labor required for installation, making them the most cost-effective option.
Additionally, opting for LED bulbs can help reduce long-term energy costs and maintenance expenses. LEDs use up to 90% less energy and last up to 25 times longer than traditional incandescent bulbs.
In conclusion, lighting fixtures installed in apartment buildings are classified as being used in residential service.
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if mr. choe charged $200 on his credit card with 18% apr and he paid his balance in full within the grace period, how much was he required to pay? group of answer choices $200.00 $18.00 $3.00 $236.00 $182.00
If Mr. Choe charged $200 on his credit card with 18% APR and he paid his balance in full within the grace period, he was required to pay $200.00. Option a is correct.
If Mr. Choe charged $200 on his credit card with an 18% APR (Annual Percentage Rate) and paid his balance in full within the grace period, he would not be required to pay any interest.
The APR of 18% is an annual rate, which means it would only apply if Mr. Choe carried the balance beyond the grace period and did not pay it off in full. Since he paid his balance in full within the grace period, he would only need to pay the amount he charged, which is $200.
Therefore, the correct answer is $200.00. Option a.
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One of the strengths of Six Sigma program's has been its a.laser-like focus on worker satisfaction. b.clarity of process and the steps companies must take to adopt it. c.contribution to research in production quality. d.increase in customer loyalty.
when effective leaders hear others complaining about a problem, which action would they most likely take?
When effective leaders hear others complaining about a problem, THE action would they most likely take is: To try to learn how big the problem really is.
Who is a leader?A leader is person that possess a leadership skills and help to direct and lead the people that are under him/her.
An effective Leaders does not ignore problems but they tend to learn how big the situation and try to figure and solve it.
Therefore the action would they most likely take is: To try to learn how big the problem really is.
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A country usually imposes an embargo on another country for economic reasons rather than political reasons.
True or False
Answer:
True
Explanation:
Hopefully this helps.
Answer:
False
Explanation:
Took test
What are the six lessons in Rich Dad Poor Dad?
The six lessons in "Rich Dad Poor Dad" are:
1. The rich don't work for money, they make money work for them: This lesson teaches the importance of passive income and building assets that generate income.
2. Why financial literacy is important: This lesson emphasizes the importance of understanding money and finances in order to make informed decisions about money.
3. Mind your own business: This lesson teaches the importance of focusing on building your own wealth and not getting distracted by what others are doing.
4. Taxes and corporations: This lesson explains how taxes and corporations can be used to your advantage in building wealth.
5. The rich invent money: This lesson teaches the importance of being creative and thinking outside the box in order to generate income.
6. Work to learn, don't work for money: This lesson emphasizes the importance of gaining knowledge and skills that can help you build wealth, rather than just working for a paycheck.
These six lessons are the foundation of the book "Rich Dad Poor Dad" and are meant to teach readers how to think about money and finances in a way that can help them build wealth.
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1. why is big data important? what has changed to put it in the center of the analytics world?
Big data has become increasingly important in the modern business landscape due to the vast amount of data being generated and the potential insights it can provide. As businesses continue to generate and collect more data, the importance of big data analytics will only continue to grow.
Big data has become increasingly important in recent years due to the exponential growth in the amount of data being generated. With the proliferation of internet-connected devices and the rise of social media platforms, businesses and organizations now have access to an unprecedented amount of data about their customers, employees, and operations.
This data can be analyzed using advanced analytical tools to extract valuable insights and trends that can inform business strategy and decision-making. For example, by analyzing customer data, businesses can better understand their customers’ preferences and behavior, and tailor their marketing and sales efforts accordingly. Similarly, analyzing operational data can help businesses identify inefficiencies and areas for improvement in their processes and systems.
The rise of big data has been driven by several factors, including advances in data storage and processing technology, the availability of cloud computing, and the increasing demand for real-time data analytics. As a result, big data has become central to the analytics world, with businesses and organizations investing heavily in data analytics and data-driven decision-making.
In conclusion, big data has become increasingly important in the modern business landscape due to the vast amount of data being generated and the potential insights it can provide. As businesses continue to generate and collect more data, the importance of big data analytics will only continue to grow.
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Big data refers to the vast and complex sets of data that cannot be processed using traditional data processing techniques. Big data is important because it enables organizations to gain insights and make data-driven decisions that can help them improve their operations, develop new products and services, and gain a competitive advantage.
Several factors have contributed to the rise of big data and its importance in the analytics world. Firstly, the explosion of digital data, fueled by the growth of the internet, social media, and other digital technologies, has created an unprecedented amount of data that organizations can collect, store, and analyze.
Secondly, the increasing power and affordability of computing technologies, such as cloud computing and distributed computing, have made it easier and more cost-effective for organizations to process and analyze large volumes of data.
Finally, the development of advanced analytics and machine learning techniques, which can analyze vast amounts of data and identify patterns and insights that would be difficult or impossible for humans to detect, has also contributed to the importance of big data.
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1. Antitrust laws are designed to
Answer:
Antitrust laws are statutes developed by governments to protect consumers from predatory business practices and ensure fair competition. Antitrust laws are applied to a wide range of questionable business activities, including market allocation, bid rigging, price fixing, and monopolies
Explanation:
may i have brainliest please and thank you
common costs have to be considered in financial reporting of results but should not be used in decision-making.
Common costs have to be considered in financial reporting of results but should not be used in decision-making. This, statement is true. Thus, option (a) is correct.
Common costs are expenses that won't change regardless of which alternative we select, making them irrelevant to our decision-making process.
Common costs must be taken into account in financial reporting since they are included in the total expenses made during the period and affect the organization's overall financial performance.
Common expenses should not be taken into account while making specific management decisions, such as whether to develop a new product or not, as they are not pertinent to the choice.
Therefore, option (a) is correct.
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Your question is incomplete, but most probably the full question was.
Common costs have to be considered in financial reporting of results but should not be used in decision-making.
TrueFalse40 POINTS
Why do you think more companies focus on acquiring new customers than on retaining existing ones? What recommendations would you make to a company that wants to do a better job of satisfying its customers?
Answer:
Companies always want to new customers.
Explanation:
However, keeping the old ones would keep their reputation better and show that there service is excellent. They would keep existing ones to bring in new ones
The Great Recession was different from other recessions since World War II in that: Group of answer choices real gross domestic product (GDP) initially declined and then recovered sometime later. The rate of inflation did not change at all. The rate of unemployment increased and then decreased at a later time. The increase in unemployment was much greater and lasted longer
The correct answer is: The increase in unemployment was much greater and lasted longer.
During the Great Recession, the increase in unemployment was particularly severe compared to other recessions since World War II. The recession resulted in a significant loss of jobs and a prolonged period of high unemployment rates.
This was one of the distinguishing features of the Great Recession compared to previous recessions. The recovery in the labor market and the reduction in unemployment took a longer time compared to previous economic downturns.
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Dineo decides to save R3 500,00 per quarter over the next four years. If interest is earned at 6,86% per annum compounded quarterly, Dineo's total amount at the end of the four years will be OA. R63 591,52 OB. R62 030,40 OC. R63 812,98 OD. R63 891,73
Dineo plans to save R3,500.00 per quarter for four years, and the interest earned is 6.86% per annum compounded quarterly. We need to calculate the total amount Dineo will have at the end of the four years. The options provided are OA. R63,591.52, OB. R62,030.40, OC. R63,812.98, and OD. R63,891.73.
To calculate the total amount Dineo will have at the end of four years, we can use the formula for compound interest: A = P(1 + r/n)^(nt), where A is the total amount, P is the principal amount (R3,500.00), r is the interest rate per compounding period (6.86% or 0.0686), n is the number of times interest is compounded per year (quarterly, so n = 4), and t is the number of years (four years).
Plugging in the values, we can calculate the total amount using the formula. After four years, the total amount Dineo will have saved, including the interest earned, is the result obtained from the calculation. By comparing this result with the options provided, we can determine the correct answer.
Performing the calculations, the correct option is OD. R63,891.73. This is the total amount Dineo will have at the end of the four years, considering the regular savings and the compound interest earned.
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match each type of area with the correct level of housing prices?
URBAN
EXURBAN
SUBURBAN
LOW HOUSING PRICES
MEDIUM HOUSING PRICES
HIGH HOUSING PRICES
Answer and Explanation:
The matching of the area with the level of housing prices is as follows
Urban = High housing prices
As urban refers to that area in which there is a large population so of course the prices of the houses are high
Exurban = Low housing prices
The exurban is located in the rural areas in which there are less populations as compared to sub
Suburban = Medium housing prices
In this the population is more than the exurban
Suppose a consumer with an income of $100 is faced with px = $1 and py = $0.50. what is the market rate of substitution between good x (horizontal axis) and good y (vertical axis)?
Given the prices of good x and good y, the market rate of substitution is 2, indicating the consumer's willingness to trade 2 units of good y for one unit of good x. The MRS represents the relative value placed on the two goods in consumption decisions.
The market rate of substitution (MRS) between good x and good y can be calculated by taking the ratio of their prices, specifically px divided by py. In this case, the price of good x is $1 and the price of good y is $0.50, so the MRS would be 1/0.50 = 2.
Therefore, the market rate of substitution between good x and good y is 2. This means that the consumer is willing to give up 2 units of good y for an additional unit of good x, while keeping the same level of satisfaction, given the relative prices of the goods.
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In a factory producing bowling balls, a worker has to lift a ball symmetrically at a distance of 40 cm. from the body from a roller conveyor with height of 30 cm. to the curing shelf at a height of 90 cm. The worker has to have sufficient control at the end of the lift as the ball has to be positioned into a semi-circular hole on the shelf which will prevent the ball from rolling off the shelf. The lift is carried out once per minute over an 8-hour day.
a) Use the NIOSH equation to determine the RWL. Show the computation for the value of each of the multipliers.
b) If the bowling ball weighs 16 lbs., is this job strenuous to the worker?
c) If the lifting job is not acceptable based on the NIOSH standards, what recommendations can you present to make it acceptable?
d) What is the effect of lifting the load asymmetrically at an angle of 45 degrees to stance?
a) According to NIOSH equation, the Recommended Weight Limit (RWL) = LC x HM x VM x DM x AM x FM x CMThe value of each of the multipliers is given below:LC (Load Constant) = 51.55 kgHM (Horizontal Multiplier) = 0.87VM (Vertical Multiplier) = 0.88DM (Distance Multiplier) = 1.17AM (Asymmetric Multiplier) = 1.0FM (Frequency Multiplier) = 1.0CM (Coupling Multiplier) = 0.9RWL = 51.55 x 0.87 x 0.88 x 1.17 x 1.0 x 1.0 x 0.9= 27.02 kgb) Firstly, we need to convert pounds (lbs) to kilograms (kg). 16 lbs is approximately equal to 7.25 kg.
a) According to NIOSH equation, the Recommended Weight Limit (RWL) = LC x HM x VM x DM x AM x FM x CMThe value of each of the multipliers is given below:LC (Load Constant) = 51.55 kgHM (Horizontal Multiplier) = 0.87VM (Vertical Multiplier) = 0.88DM (Distance Multiplier) = 1.17AM (Asymmetric Multiplier) = 1.0FM (Frequency Multiplier) = 1.0CM (Coupling Multiplier) = 0.9RWL = 51.55 x 0.87 x 0.88 x 1.17 x 1.0 x 1.0 x 0.9= 27.02 kgb) Firstly, we need to convert pounds (lbs) to kilograms (kg). 16 lbs is approximately equal to 7.25 kg.Lifting the bowling ball repeatedly throughout an 8-hour day is strenuous for the worker because the RWL calculated above is 27.02 kg which is less than the weight of the ball (7.25 kg).c) To make this job acceptable based on NIOSH standards, the following recommendations can be presented:Reduce the weight of the ball. This can be done by using lighter materials in the production of bowling balls, or by changing the size of the ball, or by changing the production process.Reduce the frequency of lifting. This can be done by using conveyor belts that move the balls automatically instead of having the worker lift them.Reduce the distance of the lift. This can be done by placing the curing shelf at a lower height so that the worker has to lift the ball a shorter distance.Use lifting aids such as trolleys, carts, or lifting jacks to assist with the lifting process.d) Lifting the load a symmetrically at an angle of 45 degrees to stance would increase the AM (Asymmetric Multiplier) value, making the job more strenuous. This is because lifting a load asymmetrically increases the risk of injury due to the uneven distribution of weight. Therefore, it is recommended to lift the load symmetrically.
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If you were paid $952 today, and you invested it at a 5% interest rate, how much would you have a year from now?
$900
O a
$952
b.
$985
Oc.
$1000
d
None of these
e
Answer:
Depends on if its simple or compund bu since your investing to earn, ill estimate they want the compound answer which is 999.60 which can be rounded to $1000. If they want it rounded, its $1000 if they dont, it's none of the above
Explanation:
A=P(1+r)t
A=952(1+0.05)1
A=952(1.05)1
A=952(1.05)
A=952x1.05
A=999.60 which can be rounded to 1000
what's the language spoken in Egypt?
Answer:
Modern Standard Arabic
Explanation:
Answer:
Arabic thats the language of egypt because most them are Islamic
A company purchased land for $91100 cash. Real estate brokers' commission was $6400 and $7000 was spent for demolishing an old building on the land before construction of a new building could start. Under the historical cost principle, the cost of land would be recorded at $110900. $104500. $91100. $77700.
Under the historical cost principle, the cost of land would be recorded at $91100.Based on this analysis, the correct option for the cost of land under the historical cost principle would be $110900.
The historical cost principle is an accounting principle that states that assets should be recorded on a company's financial statements at their original cost at the time of acquisition. In this case, the company purchased land for $91100 in cash.
When recording the cost of land, additional expenses incurred in acquiring the land are also included. In this scenario, real estate brokers' commission of $6400 and the cost of demolishing the old building on the land for $7000 were incurred.
To determine the cost of the land under the historical cost principle, these additional expenses are added to the original purchase price of $91100. Therefore, the cost of land would be recorded at $91100 + $6400 + $7000 = $110900.
Based on this analysis, the correct option for the cost of land under the historical cost principle would be $110900.
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quantum mechanics shop sells a bicycle to reniel, a costumer who uses a local card(a national credit card, but not issued by an bank) in recrding this sale the entity should record
Answer:
the journal entry to record this sale should be:
Dr Accounts receivable X
Dr Credit card fees Y
Cr Sales revenue X+Y
Explanation:
The journal entry to record sales using credit cards issued by banks, e.g. VISA, MasterCard, etc., which pay immediately or almost immediately (the same day or the following day) and manage the payments through the company's bank account:
Dr Cash X
Dr Credit card fees Y
Cr Sales revenue X+Y
Since credit cards not issued by banks (e.g. many American Express cards are issued by American Express itself not by banks) do not pay immediately, a company must record an account receivable, it cannot record cash. In order to collect the payment, the company must submit the credit card receipt to the credit card company and then wait for it to be processed and paid. This may take a few days or even a couple of weeks.
Which of the following terms describes doing things in a way that dies not deplete natural resources or damage the environment
Answer:
B. sustainability
Explanation:
Here are the options to this question
A. efficiency
B. sustainability
C. reliability
D. renewable
Sustainability involves the proper use of resources found in the environment to ensure that they last or are available for future generations.
Methods of ensuring environmental sustainability :
1. recycling
2. reducing the use of non renewable resources and using more renewable resources
3. reducing the amount of pollution
Answer:
sustainability
Explanation:
edge 22
Explain the services offered by wholesalers to manufacturers
Answer:
advertising :the wholesaler helps out in carrying out product advertising and sales promotion s and by so doing creating awareness for the product
risk bearing :the wholesaler takes charge of the goods thereby accepting responsibility for losses sufferedin the course of distribution
and we have financing,warehousing and bulk breaking
the electricity bill at padco was driven solely by the lights throughout the office; everything else was driven by alternative energy sources. the office was open roughly 8 hours a day, five days a week and the cleaning crew spent about the same amount of time in the offices each week night. the kilowatt hour usage for the office was best described as a:
The kilowatt hour usage for the office was best described as a horizontal demand curve.
Demand that is completely elastic is illustrated by a horizontal demand curve. In other sense, consumers would only buy the good at a particular price and will make no transactions whenever the price is higher.
In a market with perfect competition, each firm's demand curve is horizontal since supply and the market's demands determine pricing. Companies are price takers as a consequence. Customers won't be motivated to buy from a company that attempts to charge higher than the going rate in the marketplace. If your price is even a little bit higher, they won't see any incentive to buy from you.
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Question 14 (2 points)
Which career cluster involves hands-on occupations and possibly working outside?
Investigative
Realistic
Enterprising
Conventional
Answer: Enterprising
Explanation: Hands-on jobs are occupation that requires little education, it relate to the practice of learning from experience on the job rather than reading and learning from books. The career cluster of hands-on occupation includes; technicians, plumbers, woodwork, hygiene and catering workers etc.
Enterprising is characterized by great imagination and initiative with energetic to carry out work . Enterprising best fit hands-on career cluster.
Question 9 of 20
What is a sales quote?
A. A statement that summarizes items purchased and the prices
paid
B. A statement that details a purchase and requests payment of the
specified amount due
C. An estimate that offers to provide goods and services at a
specified price and sometimes by a specified date
D. A request to buy specified items at the seller's price
SUBMIT
Answer: C. An estimate that offers to provide goods and services at a
specified price and sometimes by a specified date
Explanation:
is the correct answer
The sale quote is an estimate that offers to provide goods and services at a specified price and sometimes by a specified date. The correct option is (C).
What do you mean by the term sale?A sale is a transaction that involves exchanging products or services for a specific sum of money.
To put it another way, a sale is any action that involves giving the buyer possession of a thing or commodity in return for payment.
The availability of the goods and services that are to be acquired as well as the seller's authorization to transfer the goods and services to the appropriate buyer are among the conditions precedent to a sale.
Sales support the growth of a business. Better sales translate into better earnings, which aid in the development and growth of the company. Therefore, the profit and margin are better the more that is sold.
Therefore, the sale quote is an estimate that offers to provide goods and services at a specified price and sometimes by a specified date.
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oligopolies are difficult to analyze because