to determine the market supply, the quantities multiple choice supplied at each price by each supplier are added together. demanded at each price by each demander are added together. demanded at each price by each demander are subtracted from the quantities supplied at each price by each supplier. demanded at each price by each demander and supplied at each price by each supplier are added together.
Answers
To determine the market supply, the quantities supplied at each price by each supplier are added together.
This process involves aggregating the quantities of a product or service that each supplier is willing and able to offer at different price levels. By summing up these individual supply quantities, the market supply curve can be constructed, representing the total quantity supplied by all suppliers at each price point.
On the other hand, to determine the market demand, the quantities demanded at each price by each demander are added together. This process involves combining the quantities that all demanders are willing and able to purchase at different price levels. By summing up these individual demand quantities, the market demand curve can be formed, illustrating the total quantity demanded by all demanders at each price point.
Therefore, the correct statement is: Demanded at each price by each demander and supplied at each price by each supplier are added together.
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Related Questions
Graybeal Corporation makes a product with the followings standard costs:
Standard Quality or Hours Standard Price or Rate
Direct Material 4.3 ounces $6 per ounce
Direct Labour 0.7 hours $21 per Hour
The company reported the following results concerning this product in March
Actual Output 3500 units
Direct Material used in production 14710 ounces
Actual Direct Labour Hours 2270 Hours
Purchases of Direct Materials 16700 ounces
Actual Price of Direct Material $5.80 per ounce
Actual Direct Labour Rate $21.90 per hour
Required:
Compute the following Variances:
a. Materials Price b. Material Usage
Answers
The materials price variance for Blue Spruce, Inc. is favorable with a value of $3,340. This variance indicates that the company paid $0.20 less per ounce for direct materials compared to the standard price, resulting in cost savings.
To compute the materials price variance, we need to compare the actual price of direct materials with the standard price.
Actual quantity of direct materials purchased = 16,700 ounces Actual price of direct material = $5.80 per ounce
Standard quantity of direct materials for actual output = 4.3 ounces per unit * 3,500 units = 15,050 ounces Standard price of direct materials = $6 per ounce
To calculate the materials price variance, we use the formula:
Materials Price Variance = (Standard Price - Actual Price) * Actual Quantity
Materials Price Variance = ($6 - $5.80) * 16,700 ounces Materials Price Variance = $0.20 * 16,700 ounces Materials Price Variance = $3,340
Therefore, the materials price variance is $3,340 (favorable).
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Naga ganesh kalla
The most reliable method of compensation for a new salon professional is:
a. cash
b. salary
c. commission
d. tips
Answers
The most reliable method of compensation for a new salon professional is commission. The correct option is option C. Commission is the most reliable method of compensation for a new salon professional.
Commission-based compensation provides a direct correlation between the salon professional's performance and their earnings. It incentivizes the professional to actively generate sales and deliver high-quality services, as their income is directly tied to the revenue they generate for the salon.
While options (a) cash and (d) tips can also contribute to a salon professional's income, they are often less reliable and may vary based on factors such as customer preferences, seasonality, and economic conditions.
Cash payments may lack transparency and can be challenging to track accurately, while tips are typically discretionary and can vary greatly depending on the client's satisfaction and generosity.
Option (b) salary is less commonly used in the salon industry, especially for new professionals. Salaries are typically offered to experienced or senior-level professionals who may have a stable clientele base or hold management positions within the salon.
In conclusion, commission-based compensation provides a reliable method of remuneration for a new salon professional, as it aligns their earnings with their performance and incentivizes them to drive sales and deliver exceptional services.
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Tom is a very discerning individual who keeps track of his income and expenditures. He lives in a rented house but wants to own a house in the future. To do this, Tom prepares an elaborate plan and tries sticking to it very strictly. However, he is concerned about eventualities that might occur in the future and disturb his plan. Which practice can help him prepare for any problems with his plan?
A- Regularly review and revise his plan
B- Get his plan reviewed and recreated by a financial expert
C- Make several investments to increase his source of income
D- abstain from making expenses, excluding few necessary ones
Answers
If Tom is a very discerning individual who keeps track of his income and expenditures. The practice that can help him prepare for any problems with his plan is; A- Regularly review and revise his plan.
What is planning?Planning can be defined as the way in which a person tend to develop or create a goal that he/she intend to achieve and work towards achieving it.
Based on the given scenario by regularly reviewing and revising his plan can help him prepare for any problems with his plan based on that that reviewing his plan will help him to known what may have negative effect or positive effect on his plan.
Therefore the correct option is A.
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A firm that is committed to keeping manufacturing facilities in only the home country (and not developing multiple production sites in a variety of countries) can Multiple Choice not mitigate the effects of exchange rate changes. lessen the effect of exchange rate changes by pursuing a strategy of diversifying the markets in which the firm's products are sold. lessen the effect of exchange rate changes by pursuing a strategy of selling commodity products without product differentiation. pursue a strategy of increasing its products price elasticity of demand.
Answers
Answer:
lessen the effect of exchange rate changes by sourcing from where input costs are low
Explanation:
Primetime Incorporated is a retailer of sporting gear. It sells 500 pairs of a specific Nike sneaker each day. Nike, the supplier, takes a week (7 days) to deliver the order. For what quantity should the inventory manager place his/her next order?
Answers
Answer:
3500 units
Explanation:
The quantity at which the Primetime inventory manager places his/her next order is the reorder point.
The reorder point is the minimum quantity of inventory that a business should have in its store.
The reorder point is calculated using the formula below.
(Average daily unit sales x delivery lead time) + safety stock
For Primetime, safety stock is not mentioned
reorder point =500 units x 7 days
=3500 units
true or false: all other things being equal, firms with more debt or other fixed-cost sources of financial capital in their capital structure exhibit lower levels of financial risk.
Answers
False. Firms with more debt or other fixed-cost sources of financial capital in their capital structure may exhibit higher levels of financial risk, all other things being equal.
This is because debt represents an obligation to make fixed payments to lenders, regardless of the firm's financial performance, and failure to meet these obligations can result in default and bankruptcy.
Higher levels of debt can also lead to higher interest payments and financial leverage, which magnify the impact of changes in revenue or earnings on the firm's profitability and financial stability.
While the use of debt and other fixed-cost sources of financial capital can provide benefits such as tax advantages and lower costs of capital, it also increases the risk of financial distress and bankruptcy, especially during economic downturns or periods of low profitability.
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Which customer service client is external to an organization?
department manager
consumer
CFO
sales representative
TIMEDD TEST
Answers
Answer: sale representative
Explanation:
The entrance by a company into another market or industry for which it has an existing expertise is called _____.
A. benchmarking
B. strategic positioning
C. outsourcing
D. domain selection
E. cooptation
Answers
The entrance by a company into another market or industry for which it has existing expertise is called strategic positioning. Here option B is the correct answer.
Strategic positioning is the process of identifying and selecting a market or industry that is complementary to a company's core competencies, capabilities, and resources, with the objective of achieving a sustainable competitive advantage.
It involves a careful analysis of the company's strengths and weaknesses, as well as the opportunities and threats in the external environment, to identify potential growth opportunities. Once a suitable market or industry has been identified, the company must develop a strategy that leverages its existing expertise to enter and compete in the new market.
The success of the strategy depends on the company's ability to transfer its core competencies and capabilities to the new market and adapt to the unique challenges and opportunities presented by the industry.
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The last step in project risk management is deciding how to address the knowledge area for a particular project by performing risk management planning.
a. True
b. False
Answers
Explanation: The first step in project risk management is deciding how to address this knowledge area for a particular project by performing risk management planning.
A country usually imposes an embargo on another country for economic reasons rather than political reasons.
True or False
Answers
Answer:
True
Explanation:
Hopefully this helps.
Answer:
False
Explanation:
Took test
When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
Answers
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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how Is productivity determined?
a.by measuring The relationship to inputs and outputs
b. by comparing the profitability of competing markets
c. by measuring the relationship between supply and demand
d. by comparing the number of hours worked by all employees
Answers
Answer:
a. by measuring The relationship to inputs and outputs
Explanation:
Productivity shows the efficiency of generating output using the available inputs. It is measured by dividing the output of a company or a production line by the inputs used. Therefore, productivity shows the relationship between inputs and outputs.
Productivity can also be measured by labor output. In this case, the output is divided by the number of labor hours used.
Community colleges and vocational schools offer programs in maintenance and repair.
A
True
B.
False
Answers
21. pls help will give brainliest
Answers
Revenues less costs, taxes, and interest equal net income (NI).NI is used to compute earnings per share. Because costs can be concealed via accounting techniques or revenues can be artificially overstated, investors should carefully examine the data used to calculate NI.
How do you calculate net income in accounting?The amount earned by an individual or business after costs, allowances, and taxes is referred to as net income. Net income in company is what remains after all costs, such as salaries and wages, the cost of goods or raw materials, and taxes, have been paid. You can figure out your net income if you know your total income and total outgoings: Complete revenue minus total expenses equals net income. Most business owners must produce an income statement, one of the three primary financial statements, in order to determine their net income. The change in assets less the change in liabilities must equal net income, according to logic, as assets must equal liabilities plus equity. Since it is the final indicator of a company's performance, net income is frequently used interchangeably with profit. You must take the recorded retained earnings from the prior financial period, known as beginning retained earnings, and add dividends back in to calculate net income using retained earnings.The Net Income =
Total revenue – total expenses.
Total expenses
= $448000+$96000+$71000
=$615000
The
net income
= $721000-$615000
=$106000
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A mail-order firm processes 4,400 checks per month. Of these, 70% are for $34 and 30% are for $66. The $34 checks are delayed three days on average; the $66 checks are delayed four days on average. Assume 30 days in a month.
a-1. What is the average daily collection float? (Do not round intermediate calculations. )
a-2. How do you interpret your answer? (Do not round intermediate calculations. )
b-1. What is the weighted average delay? (Do not round intermediate calculations and round your answer to 2 decimal places, e. G. , 32. 16. )
b-2. Calculate the average daily float. (Do not round intermediate calculations. )
c. How much should the firm be willing to pay to eliminate the float? (Do not round intermediate calculations. )
d. If the interest rate is 6% per year, calculate the daily cost of the float. (Use 365 days a year. Do not round intermediate calculations and round your answer to 2 decimal places, e. G. , 32. 16. )
e. How much should the firm be willing to pay to reduce the weighted average float to 1. 5 days? (Do not round intermediate calculations. )
Answers
a-1) The average daily collection float is $22,088
a-2) There is $22,080 that is uncollected and not available to the firm.
b-1) The weighted average delay is $191,840
b-2) The average daily float is $22,061.60
c) The firm be willing to pay to eliminate the float is $22,061.60
d)The average daily interest 3.46
e) New average daily float is: $9,591.99
Cash on collection:Cash on collection is said to be a function that explains the process whereby a company recovers cash from several businesses to whom it has previously issued a bill. These bills are issued with the duration of payment.
a-1 Calculating the average daily collection float :
Average daily collection float = (4,400× 70% × $34 × 3) + (4,400 × 30% × $66 × 4 ) / 30 days
= $22,088
a-2) On average, there is $22,080 that is uncollected and not available to the firm.
b-1)Calculating the weighted average delay
Total collection= 4400 × 70% × $34 + 4400 × 30% × $66
= $191,840
b-2) Calculating the average daily float
Average daily float = Weighted average delay × (Total collection/ 30 days)
= 3.45 × ($191,840/ 30 days)
= $22,061.60
c) $22,061.60 is the firm be willing to pay to eliminate the float
d) Calculating average daily interest
(1 + Interest rate) = \((1+R)^3^6^5\)
(1+ 0.06) = \((1+R)^3^6^5\)
R = 0.01596% per days
Daily cost of float = Average daily float × R
= $22,061.60 × 0.01596%
= 3.46
e) New average daily float = 1.5 days (Total collection/ 30 days)
= 1.5 days × ($191,840/30days)
= $9,591.99
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Can someone PLEASE PLEASE HELP ME WITH THIS!!!!!
Answers
Answer:
1. Consumer.
2. Producer.
3. Transportation.
4. Marketing.
5. Harvesting.
6. Processing.
7. Retail/food service.
Explanation:
Food supply continuum can be defined as a cycle of how livestock (animal products) moves from the producer to the consumers. The main goal of the food supply continuum is to safely provide quality animal products to the consumers.
Basically, the seven (7) steps or segments in the food supply continuum include the following;
1. The segment which is responsible for safe handling of the animal product (beef, pork, lamb) in their homes is the consumer.
2. The producer is responsible for raising a healthy animal.
3. The segment which carries the animal from the farm to the market is transportation.
4. The segment which sells the animal to the packer is marketing.
5. The segment which harvests the animal is harvesting. It involves the slaughtering of the animal.
6. The segment which processes the carcasses into retail cuts is processing.
7. The segment which involves a negotiator is the retail/food service.
Calculate ending inventory and cost of goods sold at October 31, using the specific identification method. The October 4 sale consists of purses from beginning inventory, the October 13 sale consists of one purse from beginning inventory and two purses from the October 10 purchase, and the October 28 sale consists of three purses from the October 10 purchase and four purses from the October 20 purchase.
Answers
Answer:
oh yeahh
Explanation:
In companies that do not use a self-imposed budgeting process, profit targets are generally set by ______
Answers
Answer: Top Manager
Explanation:
If 2012 is the base year, then the inflation rate for 2012 equals a. [(CPI in 2013 - CPI in 2012)/CPI in 2013] x 100 b. [(CPI in 2012 - CPI in 2013) / CPI in 2013] x 100 Oc. [(CPI in 2012 - CPI in 2013)/ CPI in 2012] x 100 Od. [(CPI in 2013 - CPI in 2012)/CPI in 2012] x 100
Answers
For calculating the inflation rate for 2012, with 2012 as the base year, is option d: [(CPI in 2013 - CPI in 2012) / CPI in 2012] x 100. Option D
The Consumer Price Index (CPI) is a measure of the average price level of a basket of goods and services over time. In this case, we are comparing the CPI for the years 2012 and 2013 to calculate the inflation rate.
To calculate the inflation rate, we take the difference between the CPI in 2013 and the CPI in 2012 and divide it by the CPI in 2012. This gives us the relative change in the price level compared to the base year, expressed as a decimal.
Multiplying this result by 100 gives us the inflation rate as a percentage, showing the percentage increase or decrease in prices from the base year to the subsequent year.
Therefore, the correct formula for calculating the inflation rate with 2012 as the base year is [(CPI in 2013 - CPI in 2012) / CPI in 2012] x 100. Option D is correct.
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What is the best example of a down payment?
A. Jan signs a cell phone plan that includes a little of the cost of her new phone as part of her bill every month
B. Billy orders a piano, pays half the cost up front, and has to pay the other half when the piano is delivered.
C. Margo leases an apartment and pays $500 cash as s security deposit when she moves in.
D. Robby pays 10 percent cash up front and gets a loan for the remaining 90% of the cost of a condominimum.
Answers
Answer: B would be correct
Explanation: A doesn't include any type of paying a portion of the price.
B pays half up front which is a down payment because he pays the other half alter
C is wrong because a security deposits isn't a down payment
D is wrong because they still get a loan for the part she doesn't own
A firm has a gross profit margin of 57.00% currently. The firm has reported gross profit for 2020 of $778,975.00. The firm has a target Days Sales Outstanding of 30 days. If the firm is collecting on schedule, what is the current accounts receivable turnover for the firm?
Answers
With a gross profit margin of 57.00% and a reported gross profit of $778,975.00 for 2020, the firm's current accounts receivable turnover is approximately 6.78 times.
The accounts receivable turnover ratio is a financial metric that measures how efficiently a company collects its accounts receivable. It is calculated by dividing net credit sales by the average accounts receivable balance.
However, since the net credit sales information is not provided in this question, we will use an alternative method to calculate the turnover based on the given data.
The gross profit margin represents the percentage of revenue that remains after deducting the cost of goods sold. In this case, the gross profit margin is 57.00%. Using this information, we can infer that the cost of goods sold (COGS) is 43.00% of the revenue (100% - 57.00%).
To find the revenue, we can divide the reported gross profit for 2020 by the gross profit margin: $778,975.00 / 0.57 = $1,366,228.07 (approximately).
Next, we can calculate the average accounts receivable balance using the target Days Sales Outstanding (DSO) of 30 days. The average accounts receivable balance is obtained by multiplying the daily sales by the DSO: $1,366,228.07 / 30 = $45,540.94 (approximately).
Finally, the accounts receivable turnover is determined by dividing the revenue by the average accounts receivable balance: $1,366,228.07 / $45,540.94 = 29.98 (approximately). This means that the firm's accounts receivable turnover is approximately 6.78 times (1 divided by 29.98).
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Greg and Jerry are depositing money into savings accounts. Greg deposits $500 into an account
for 2 years with 2% interest. Jerry despots $700 into a different account for 1 year with 3% interest.
Who eams the greatest overall percent interest? Show your work and explain.
Answers
Answer: Jerry
Explanation:
Greg deposits $500 into an account for 2 years with 2% interest, the interest gotten will be:
= $500 × 2 × 2%
= $500 × 2 × 0.02
= $20
Jerry despots $700 into a different account for 1 year with 3% interest, the interest gotten will be:
= $700 × 1 × 3%
= $700 × 1 × 0.03
= $21
Based on the calculation, Jerry makes a greater interest.
It’s a good idea to use a _____ to track your job hunting efforts.
map
scrapbook
journal
calendar
Answers
What is a true statement in regards to managing access to reports and dashboards? Choose 2 answers A. Users with the "Manage Public Reports" permission can organize reports by creating custom report folders and sending invitations to users to access them. B. Users must have certain permissions to access public, hidden, or shared folders. C. Users with the "Manage Public Reports" and "Create and Customize Reports" permissions can create custom reports that all users can view. D. Users that want to grant access to personal folders can manually share a personal folder with a user or public group
Answers
The dashboard's data is chosen by the running user based on their security preferences. Important It is possible to provide dashboard readers with a more comprehensive view of the data than they typically see when you identify the running user. Hence option C is correct .
What kind report should be in Dashboard ?A different source lists the following choices as potential answers to this query:
A. an executive summary without a chartB. a summary report with a 10 row displayC. a table-based report with a graphD. a tabular report with a row size of 10E. concise report with a graphThese three report kinds can be utilized to provide a list of accounts on a dashboard. The appropriate report type for a given piece of information relies onon the message we want to get over to the audience.
A summary report without a chart, a summary report with a chart, or a tabular report with rows would all be the most effective ways to present a rating list.
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Robert is paid by the number of bicycle tires he attaches to wheel rims. If he attaches more than his daily quota of tires, he receives 75 cents extra per tire over the quota. Robert is paid under a ____ system.a. pro-rated bonusb. differential piece-ratec. straight piece-rated. commission
Answers
Robert is paid by the number of bicycle tires he attaches to wheel rims. If he attaches more than his daily quota of tires, he receives 75 cents extra per tire over the quota commission system.
He receives 75 cents extra per tire over the quota.
Let's give the variables the following names:
X = The rims' cost
tyre cost in y-factor
2. Because the rims and tyres cost $2300 in total, the first equation is: z+y=2300 (Eq. 1).
3. The second equation is: y= 200 + 2ae (Eg. 2) since the tyres cost $200 more than twice as much as the rims.
4. Substitute Eq.2 in Eq.1 and find x:
z+ 200 + 22
= 2300
32 + 200 = 2300
3z = 2300 – 200
3z = 2100 2100
T = 700
Consequently, the price of the rims was $700.
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Steps in growing a good business?
A.) Rush everything and spend everything.
B.) Save up but work half way.
C.) Become a Good leader and work and save up.
Answers
Corita is a salesperson with maryland’s best realty and is slammed with clients right now; so much so that she wants another agent with her firm, spencer, to handle listing corita’s own home. What does spencer need to make sure to do?
Answers
Spencer needs to make sure to disclose that he and Corita work together at the same firm.
Widely speaking, the definition of a 'company' in the subject of economics is any business enterprise that seeks to make earnings through production or selling services or products – or each – to customers. As an instance, one of the most common uses of this term is for 'regulation companies,' which normally promote offerings in relation to the regulation.
A firm is an enterprise that seeks to make earnings through the sale of goods and services. The term company is synonymous with commercial enterprise or agency. Corporations can perform below several distinctive systems, along with sole proprietorships and groups.
Examples of firms are a sole proprietorship, partnership, restricted legal responsibility organization, or organization. The time period is barely greater than generally associated with a partnership.
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How can Jordan apply price policy?
Answers
Jordan's Underprices
If you find a lower advertised price on identical merchandise under the same terms and conditions from another store-based retailer within the local Retail Trade Area, within 30 days of purchase, Jordan's Furniture will refund the difference.
Industry: Retail; Furniture
Maurice is always on time to meetings and other company events. He has never missed a project deadline, and he is usually the first person people call when they
need help. Which attribute is Maurice displaying?
O Reliability
O Communication
O Problem solving
Teamwork
Answers
Answer:
Reliability, because if he is the one everyone calls in need of help than it would be considered reliable.
Answer:
A. Reliability
Explanation:
Its this answer because he is always on time to his meeting so his boos can rely on him. He has never missed a deadline so his clients can rely on him etc.
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