The primary determinant of elasticity of supply is time. The correct option is A.
The primary determinant of elasticity of supply is time. Elasticity of supply refers to the responsiveness of the quantity supplied of a good or service to changes in its price. When producers have more time to adjust their production levels, they are more likely to respond to price changes and increase or decrease the quantity supplied.
In the short run, producers may not be able to adjust their production levels as easily, as they may have fixed costs, such as rent or salaries, that cannot be changed quickly. Therefore, the supply may be relatively inelastic in the short run.
However, in the long run, producers can adjust their production levels more easily, as they can invest in new equipment, hire more workers, or expand their facilities. As a result, the supply may be relatively elastic in the long run.
Other factors, such as advertising, government regulations, and money, may affect the elasticity of supply to some extent. For example, advertising can increase demand for a product, which may encourage producers to increase their supply.
Government regulations can restrict the supply of certain goods, making them less elastic. However, these factors are not as significant as time in determining the elasticity of supply.
Hence, the correct option is A.Time .
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When a salesperson says or does something that creates agency such as giving advice to a customer, giving an opinion to a customer, or negotiating on the customer's behalf the licensee has:
Answer:
implied agency
Explanation:
The implied agency refer to an agency that is established from the principal and agent conduct. It develops the agency relationship. It is a real agency and a fact to be proved
Therefore as per the given situation since it is mentioned that at the time when the salesperson said or do something that establish the agency so this represent the implied agency
Therefore the same is to be considered
What the person above me said
Explanation:
i just took the asignment.
Why is the core inflation rate calculated separately from the inflation rate?.
Answer:
To better show long term effects on inflation
Hope it helps you
Explanation:
mark me as brainliest
On March 1, 2021, Stratford Lighting issued 10% bonds, dated March 1, with a face amount of $690,000. The bonds sold for $678,000 and mature on February 28, 2041 (20 years). Interest is paid semiannually on August 31 and February 28. Stratford uses the straight-line method and its fiscal year ends December 31.
1. Prepare the journal entry to record the issuance of the bonds by Stratford Lighting on March 1, 2021
2. Prepare the journal entry to record interest on August 31, 2021
3. Prepare the journal entry to accrue interest on December 31, 2021.
4. Prepare the journal entry to record interest on February 28, 2022
Answer:
1. March 1, 2021
Dr Cash $678,000
Dr Discount on bonds payable $12,000
Cr Bonds payable $690,000
2. August 31, 2021
Dr Bond interest expense $34,800
Cr Discount on bonds payable $ 300
Cr Cash $34,500
3. December 31, 2021
Dr Bond interest expense $23,200
Cr Discount on bonds payable $200
Cr Bond interest payable $23,000
4. February 28, 2022
Dr Bond interest payable $23,000
Dr Bond interest expense $11,600
Cr Discount on bonds payable $100
Cr Cash $34,500
Explanation:
1. Preparation of the journal entry to record the issuance of the bonds by Stratford Lighting on March 1, 2021
Dr Cash $678,000
Dr Discount on bonds payable $12,000
($690,000-$678,000)
Cr Bonds payable $690,000
(Being to record issuance of the bonds is recorded)
2. Preparation of the journal entry to record interest on August 31, 2021
Dr Bond interest expense $34,800
Cr Discount on bonds payable $ 300 ($12,000/20*6/12 )
Cr Cash $34,500
($690,000 × 10% × 6/12)
(Being to record interest )
3. Preparation of the journal entry to accrue interest on December 31, 2021.
Dr Bond interest expense $23,200
($23,000+$200)
Cr Discount on bonds payable $200
($12,000/20 × 4 /12)
Cr Bond interest payable $23,000
($690,000* 10%× 4/12)
(Being to record accrue interest is recorded)
4. Preparation of the journal entry to record interest on February 28, 2022
Dr Bond interest payable $23,000
($690,000* 10%× 4/12)
Dr Bond interest expense $11,600
[($34,500+$100)-$23,000]
Cr Discount on bonds payable $100
($12,000/20*2/12)
Cr Cash $34,500
($690,000 × 10% × 6/12)
(Being to record interest is recorded)
What is the cost of a car if you make equal annual payments of $6,000 over 4 years compounded annually at 9%, rounded to the nearest $1?
We may use the calculation for the present value of an ordinary annuity to determine how much a car would cost if it were purchased with equal annual payments that were compounded annually. The formula is as follows:
PV = P * (1 - (1 + r)^(-n)) / r
Where: PV = the car's current cost, or its present value.
P = Annual payout ($6,000)
r equals the annual percentage rate of interest (9% or 0.09%).
n equals the number of years (4 years)
After entering the values into the formula, we receive the following results:
PV = 6000 * (1 - (1 + 0.09)^(-4)) / 0.09
Taking all of this into account, the current worth of the vehicle (its purchase price) comes out to around $20,800. Due to the fact that the question requires the cost to be rounded to the nearest dollar, we are able to round this up to 20,800 dollars.
Therefore, if you make payments of $6,000 each year for four years at an annual compounding rate of 9%, the total cost of the vehicle would be close to $20,800 by the end of the period.
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Which website allows individuals to search for suitable job profiles and employers?
Answer:
LinkedIn is a good site
Explanation:
How does technical education play a vital role to develop the entire nation?
pls- don´t lie
;)
Answer: Education is needed for jobs. If we dont have education people cant get certain jobs. Without certain jobs the world would fall into a pandemic.
Explanation:
Answer:
Technical education play a vital role to develop the entire nation by improvimg the well beimg of youth and communities.
It increases the productivity. It also helps to accelerate the pace of work and motivate the person towards his/her work.It creayes skilled manpower and improves the quality of life.
Why
do Keynesian econimists see savings as " detrimental to growth"
from the book how an economy grows and why it crashes
Keynesian economists argue that savings can be detrimental to growth when they lead to an insufficiency of aggregate demand in the economy.
In other words, if people save too much, they are not spending money, and this lack of spending can lead to a decline in economic growth.
According to Keynesian theory, the economy functions best when there is a high level of aggregate demand, which is the total amount of spending in an economy. This demand can come from any source, such as consumer spending, business investment, or government spending. When aggregate demand is high, businesses are encouraged to invest and expand, which creates more jobs and increases economic growth.
However, when people save too much, there is less demand for goods and services in the economy, which can lead to unemployment and decreased economic growth. Keynesian economists therefore argue that government policies, such as fiscal stimulus and monetary policy, are needed to ensure that there is enough aggregate demand in the economy to support growth.
In conclusion, Keynesian economists view savings as potentially detrimental to growth when they lead to insufficient aggregate demand. While savings can provide a source of investment capital, too much saving can lead to economic stagnation.
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Research and media firm Youth Culture publishes Watch magazine, a teen publication distributed free to high school students, and wanted to gauge whether it was meeting the needs of its audience. Youth Culture handed out surveys to learn how students felt about the publication. Feedback indicated teen boys and girls were demanding very different things from the magazine. This feedback was gleaned from ________ data.
The feedback received through the survey that indicated that boys and girls were demanding very different things from Watch magazine was obtained from questionnaire data, which is a survey method used to gather information.
Qualitative researchIt is a method of scientific investigation that uses verbal and visual data to understand a given phenomenon in a more comprehensive and subjective way, being a method widely used in the social sciences.
Therefore, the questionnaire corresponds to a method of collecting information through an exploratory character that can use words, phrases and images for a better understanding of subjective aspects of human behavior.
The correct answer is:
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Owen is an hourly employee, and the line that models his total pay in dollars
as it relates to the number of hours he has worked has a slope of 25 and a y
intercept of 15. Which statement is true?
It is accurate to say this.
Owen makes $25 per hour, and it seems like he also got a $15 signing bonus.
How can I figure out a line's slope?Find the coordinates of each of the two locations you choose along the line. The y-coordinates of these two locations should be distinguished (rise). The difference between these two places' x-coordinates should be determined (run). Divided by the difference in x-coordinates (rise/run or slope), the difference in y-coordinates is determined.
What distinguishes salaried workers from hourly workers?Based on their total income, salaried employees typically receive the same amount each pay week. On the other hand, an hourly employee receives a defined wage for each hour that they work. For instance, if they work eight hours a day at $20 an hour, they would make $160 that day (before taxes).
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FILL IN THE BLANK. marketing was once understood in the sense of making a sale. today, marketing is understood in the new sense of____
Marketing was once understood in the sense of making a sale. today, marketing is understood in the new sense of creating customer value.
What is Marketing?Marketing is the process of identifying, anticipating and satisfying customers' needs and wants through the creation, promotion, and distribution of products and services. It involves various activities such as market research, product development, branding, advertising, sales, and customer service.
The goal of marketing is to reach and engage with the target audience and build brand loyalty while achieving the overall objective of the business, which is usually to generate revenue and increase profitability. Marketing is not just about selling a product, but also about understanding the customer, creating a relationship with them, and providing value through a compelling brand experience.
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the parks department wants to identify potential areas for sustainable farming of white pine. potential areas will be southward-facing slopes that have good drainage (for example, not flat) and are also not too steep for the harvesting machinery. given an elevation surface pine elevation, you have already derived an aspect surface pine aspect and a slope surface pine slope containing percent slope values. which of the following raster calculator expressions is most appropriate for the given criteria?
The most appropriate raster calculator expression for the given criteria would be: pine_slope < 30 & pine_aspect > 100 & pine_aspect <= 250 & pine_elevation > 800
To identify potential areas for sustainable farming of white pine, the following criteria are to be met:Southward-facing slopes.Good drainage.Not too steep for the harvesting machinery.The given elevation, aspect, and slope surfaces can be used to identify the potential areas for sustainable farming of white pine. The most appropriate raster calculator expression for the given criteria is:pine_slope < 30 & pine_aspect > 100 & pine_aspect <= 250 & pine_elevation > 800.Let's understand the criteria mentioned in the expression one by one:1. pine_slope < 30This criterion identifies the areas with a slope of less than 30%.2. pine_aspect > 100
This criterion identifies the southward-facing slopes.3. pine_aspect <= 250This criterion filters out the slopes with aspect values greater than 250.4. pine_elevation > 800This criterion ensures that the areas with good drainage are identified as it filters out the areas with elevations below 800 meters.
All these criteria when combined together, identify the potential areas for sustainable farming of white pine. Therefore, this is the most appropriate raster calculator expression for the given criteria.
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Help me and I will give you 30 Brainliest if your answer is correct.
"Jamie is not sure exactly what career to pursue but when she learned about the Human Services cluster, something spoke to her. Which types of career pathways are available to Jamie? Pick a career from each path and explain what it involves and where she might work if she had that job."
One of the careers from the Human Services Cluster that Jamie can consider looking at is Career Counselling.
What are Human Services Clusters?Human needs are met via activities such as counseling and mental health programs, family and neighborhood services, personal care, and consumer services in the Human Services profession cluster.
Given that Jamie herself struggled with making this choice, she should find a purpose in Career Counselling. The career pathway to becoming a career counselor is given as follows:
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A buyer signs a contract to acquire a real property interest in Georgia. Before signing this agreement, the buyer is given a public offering statement. This document provides the buyer with complete property information, as well as a seven-day right to cancel after receiving this info. This type of property would most likely be a A) residential condominium. B) time-share. C) townhome. D) commercial condominium.
The property type that the buyer is most likely to purchase based on the information given in the question is a residential condominium.
A residential condominium is a form of real estate where the individual units of a larger complex are individually owned, while the common areas are jointly owned by all the owners of the complex.
The public offering statement that was given to the buyer is required to be given by sellers of residential condominiums in Georgia.
The document should provide the buyer with detailed information about the property they are about to purchase.
The seven-day right to cancel after receiving this information is also a requirement under the Georgia Condominium Act.
This law aims to protect buyers from fraudulent or unethical practices that can occur when purchasing a residential condominium.
A time-share is a form of real estate where a property is owned by multiple people who share the use of the property at different times throughout the year.
This type of property is not likely to be the one in the question, as the information provided suggests that the buyer is acquiring a real property interest in a single unit.
A townhome is a type of housing that is typically owned in fee simple by the individual owner. However, townhomes are not subject to the same disclosure requirements as condominiums, so it is less likely that the buyer would be given a public offering statement before signing a contract to purchase.
A commercial condominium is a type of real estate that is designed for business use. This property type is not likely to be the one in the question, as the information provided suggests that the buyer is acquiring a residential property interest.
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The price of an ETF is determined once a day when the market closes. True or False
The statement "The price of an ETF is determined once a day when the market closes" is False because ETFs, like stocks, trade throughout the trading day on an exchange, and their prices fluctuate continuously based on supply and demand.
The price of an ETF is determined by the market participants who are buying and selling the shares of the ETF on the exchange. These transactions can occur at any time during the trading day, and the prices are updated in real-time.
Investors can see the current price of an ETF on the exchange and can place orders to buy or sell shares at any time when the market is open. The closing price of an ETF is just one data point at the end of the trading day, and it represents the final price at which the last trade was executed before the market closed.
However, it's important to note that the price of an ETF can still change after the market closes due to after-hours trading or news affecting the underlying assets of the ETF.
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Which one of these values can you usually expect from persons of integrity?
VALUE FROM PEOPLE WITH INTEGRITY:
- Responsibility. People who have integrity take responsibility for their actions no matter what they did.
According to the video, some workers who work for themselves, such as Actors, Musicians, or Writers, may have what
sort of worker represent them to potential customers?
O an Agent
O a Headhunter
an Employer
a Mentor
Answer:
an Agent
Explanation:
just answered it and got correct
Answer: Agent
Explanation: just got it right on edge
Whit industries manufactures shirts and has given you the following information as of december 31, 2007:
a linguistic model for artificial intelligence. Yet, if you provide me the right details, I can answer any queries you might have or offer whatever insights I'm designed to offer.Whit industries manufactures industries
Industries are economic endeavours that produce items or offer services to meet the needs and wants of people. The phrase is frequently used to refer to a particular economic sector, such as the manufacturing, building, or service industries. Depending on how they operate, what kinds of goods or services they offer, and the markets they target, industries can be categorised into a variety of groups. The economy is significantly impacted by industrial activity, which also contributes to the gross domestic product and creates job possibilities (GDP). In order to remain competitive and satisfy customer demand, industries must adapt to changes in technology, consumer tastes, and international rivalry.
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Sam is getting his bachelor's degree. During some of his course work, he honed his research skills and learned to
exhibit confidence while presenting to an audience. Which career has Sam most likely been preparing for?
The correct answer is Journalism
Explanation:
Journalism is one of the careers that most require the use of communicative and research skills. This is because journalists are expected to gather information about important local, national and global events, which requires the use of research skills, and later they are expected to communicate the information precisely, concisely, and confidently, which requires the use of communicative skills. In this context, the career Sam is preparing for is journalism because this is the only one from the options that would require Sam to research and then communicate information confidently.
Answer:
D. Journalism
Explanation:
Operations management is only about being as cost-effective as possible.
O True
O False
Answer:
True
Explanation:
Any kind of practice which allows a business or other organization to maximize the use of their inputs by developing products at a faster pace than competitors or reducing defects, for example.
Which statement best identifies the conflict in this excerpt?
Tessie Hutchinson is in conflict with society.
Bill Hutchinson is in conflict with his feelings.
Mrs. Delacroix is in conflict with Tessie.
Mr. Summers is in conflict with society.
Answer:
B
Explanation:
Scrimshander, Inc, is a shipping company, transporting goods using cargo ships. On December 31 2016, the company purchases and p into service a cargo ship costing $10,000,000. The expected useful life of the ship is 20 years. Scrimshander uses straight-line depreciation, with zero salvage value. 1. Calculate the annual depreciation expense that Scrimshander must recognize on the cargo ship over the next 20 years. 2. Calculate the net book value of the cargo ship as of December 31, 2020. 3. Calculate the net book value of the cargo ship as of December 31,2036. 4. Assume that Scrimshander continues using this cargo ship throughout 2037. How much depreciation expense should Scrimshander recognize for that year?
The annual depreciation expense for the cargo ship is $500,000, and the net book value of the ship as of December 31, 2020, is $8,000,000. By December 31, 2036, the net book value remains the same. Assuming the ship is still in use in 2037, the depreciation expense for that year would also be $500,000.
To calculate the annual depreciation expense, we divide the cost of the cargo ship by its useful life:
Annual Depreciation Expense = Cost of the Cargo Ship / Useful Life
Annual Depreciation Expense = $10,000,000 / 20 = $500,000
The net book value of the cargo ship as of December 31, 2020, can be calculated by subtracting the accumulated depreciation from the initial cost:
Net Book Value = Cost of the Cargo Ship - Accumulated Depreciation
Since it is the end of the fourth year, the accumulated depreciation would be:
Accumulated Depreciation = Annual Depreciation Expense x Number of Years
Accumulated Depreciation = $500,000 x 4 = $2,000,000
Net Book Value = $10,000,000 - $2,000,000 = $8,000,000
The net book value of the cargo ship as of December 31, 2036, can be calculated using the same formula:
Accumulated Depreciation = Annual Depreciation Expense x Number of Years
Accumulated Depreciation = $500,000 x 20 = $10,000,000
Net Book Value = $10,000,000 - $10,000,000 = $0
Assuming Scrimshander continues using the cargo ship throughout 2037, the depreciation expense for that year would be the same as previous years:
Depreciation Expense for 2037 = $500,000
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2. Choose any national or global chain with an online presence. Do a web search and spend time looking at their website. List the company's strengths in the space below. You may write in complete sentences or list form. (5-10 strengths) TIP: Look for strengths in different areas (product, price, promotion, place, sales, distribution).
The correct answer to this open question is the following.
I choose the Amazon website to answer this question.
These are the strengths of this global company.
-First, it has a presence almost worldwide, due to the benefits of e-commerce.
-Reputation. It has a good reputation because serves the customer well.
-Infrastructure. World-class facilities and delivery infrastructure to get the product on time.
-Variety of products. You access the company's website and can find anything. From books to toys, movies, and furniture.
-Prices. Accessible or competitive process because that is the advantage of e-commerce.
-Customer Service. Good client service that aims for entire satisfaction.
-Promise of delivery. Delivery time. Period.
The value proposition for the AARP brand is seen in what kinds of benefits for the members? (Select 3)
The value proposition for the AARP brand may be observed in the kind of benefits provided to members and efforts made to better the lives of members. The AARP name's security and reputation. The standard of the things on offer.
What constitutes an effective proposition statement?
Every value proposition should address a customer's problem and position your firm as the solution provider. A strong value proposition may emphasize what distinguishes you from rivals, but it should always center on how customers interpret your worth. A value proposition should describe how a product meets a demand, articulate the intricacies of its additional advantage, and clarify why it is superior than similar items on the market. The optimal value proposition is concise and addresses a customer's primary decision-making drivers.
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what did John,Harriet tubman and the other slaves try to tell Harriet white masters after church?
Harriet was illiterate, so she communicated with her fellow slaves by singing songs that white people couldn't comprehend. Secret codes were hidden in the lyrics of the songs.
Does communicating imply talking?
You share or exchange information with someone when you communicate with them, for example, by speaking, writing, or using equipment. It is also possible to claim that two persons converse. Messages can be verbal or nonverbal in human communication: A verbal message is an exchange of information via the use of words. Examples include face-to-face contact, telephone conversations, voicemails, email etc. A comment indicating approbation of one's articulation style. Very beautifully said. Very beautifully said. properly articulated.
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The fixed costs of doing business include
Answer:
Fixed costs are the costs associated with your business's products or services that must be paid regardless of the volume you sell. ... Insurance - the liability insurance you hold on your business. Rent - the rent you pay on your office, factory, and storage space. Utilities - electricity, water, and other utilities.
Explanation:
Question #3
Multiple Select
The main types of markets are called
consumer
O industrial
customer
Oresidential
Question #4
Multiple Choice
The two most important types of marketplaces are consumer and business markets. There are also institutional markets, government markets, and global markets.
What other kind of markets are there?In a market where buyers and sellers may meet, there can be an exchange of commodities and services. Markets include both actual physical markets and digital ones, such those found online. There are additional examples, such as the stock market, gray market, and auction market.
Although it can be complicated, marketing is primarily driven by four variables: product, price, promotion, and place. These are the fundamental concepts around which everything else is built, and they apply regardless of how tactics and distribution methods evolve. The seven P's or another form of these core concepts are sometimes included.
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A monopoly maximizes profit by finding the output level where the difference between marginal revenue and marginal costs is as large as possible. (True or False)
The given statement "a monopoly maximizes profit by finding the output level where the difference between marginal revenue and marginal costs is as large as possible." is True, because the firm has the power to set prices and output levels, unlike in a competitive market where firms are price takers.
In a monopolistic market structure, a single firm controls the entire market, and it faces a downward-sloping demand curve. This means that the firm has the power to set prices and output levels, unlike in a competitive market where firms are price takers.
To maximize profits, a monopolist needs to determine the output level where marginal revenue (the additional revenue from selling one more unit) is equal to marginal cost (the additional cost of producing one more unit). At this point, the difference between total revenue and total cost is maximized, ensuring that the firm earns the highest possible profit.
When marginal revenue is greater than marginal costs, the monopolist can increase its profit by producing more units. Conversely, when marginal revenue is less than marginal costs, the firm should reduce production to increase profits. Therefore, the key for a monopoly to maximize its profits is to find the optimal output level where the difference between marginal revenue and marginal costs is the largest possible.
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_______are independent businesses that do not own the products they sell. They act as intermediaries to brinna
buyers and sellers together
Agents and brokers
Wholesalers
Retailers
Final consumers
Answer:
Agents and brokers
Explanation:
Agents and brokers connect buyers and sellers. They are contracted by either sellers or buyers to help them increase sales or find items to buy. Agents and brokers act on behalf of their clients.
Wholesalers and retailers take ownership of the goods they sell. They first buy the goods, which gives them title to the goods before selling to retailers or consumers. Agent and brokers do not buy goods. They look for buyers or sellers for their clients' merchandise.
You work for Dr. Zhang, the autocratic dictator of Zhouland. After taking an economics course, you decide that devaluing your currency (Zhoullars) is the way to increase GDP. Following your advice, Dr. Zhang orders massive increases in the supply of Zhoullars, which reduces the value of Zhoullars in world markets. Use the AD-AS model and assume the economy was in long-run equilibrium before this change. Remember to consider only this change as you determine your answers. In the short run, the policy will cause the price level to __________, real GDP to __________, and the unemployment rate to __________.
Answer: increase; increase; decrease.
Explanation:
Since there's an increase in the supply of Zhoullars, which then reduces the value of Zhoullars in world markets, this will result in the increase in the price level.
The increase in price will be due to the fact that there's more money in circulation as this will lead to inflation. Also, the real GDP will increase as there's more money in circulation to purchase goods and services. This will lead to reduction in unemployment too
Which set of costs reflect the tradeoff of economic order quantity (EOQ)?
A. ordering and carrying costs
B.
fixed and variable costs
C. marginal and utility costs
D.
marginal and semi-variable costs