When a loan is initially made, the dollar amount of the loan should equal.
Answers
When a loan is initially made, the dollar amount of the loan should equal the amount of money that the borrower has requested to borrow, also known as the principal amount.
A loan is a financial arrangement in which a borrower borrows a sum of money from a lender with the understanding that it will be returned or repaid in the future with interest. A loan is an agreement between two parties in which the borrower agrees to repay the borrowed amount in exchange for the lender's promise to lend. The dollar amount of the loan should equal the amount of money that the borrower has requested to borrow, also known as the principal amount. A loan can be secured or unsecured depending on the type of agreement reached between the lender and the borrower. A secured loan is one in which the borrower pledges collateral to the lender in exchange for a lower interest rate. An unsecured loan, on the other hand, is one in which the borrower does not pledge any collateral to the lender and is therefore charged a higher interest rate to compensate the lender for the added risk involved.
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Related Questions
PLEASE HELP! YOU GET 20 POINTS!! (Please if you dont know dont put i need this answer too)
Alfonso comes to you for advice on creating a web application for his new startup, a store that turns discarded clothes into quilts for sale. He’s a novice when it comes to these things, so he asks you to give him advice on what kinds of functions would be useful for the application, as well as why an app is useful beyond providing a digital store front. In a paragraph, summarize your advice to Alfonso.
Answers
I need this answer too
Jorge's soccer team is having its annual fundraiser. The team hopes to earn at least three times as much as it did last year. Last year the team earned $87. What is the team's goal for this year?
Answers
Answer:
131usd is the aswer
Explanation:
87*3=131usd
Which investment is least likely to withstand the effects of inflation?a. stocksb. money market fundsc. hard asset collectionsd. all of the above
Answers
Stocks investment is least likely to withstand the effects of inflation in the market or economy
Cost-push The rise in prices affects the inputs used in the production process, which leads to inflation. Costs for all types of intermediate goods increase as more money and credit are directed towards the commodities or other asset markets. Demand-pull inflation happens when the economy's need for goods and services outpaces its capacity to supply them. The Wholesale Price Index's (WPI) annual percentage change in value is known as inflation. An estimate of spending power is inflation. It is described as the rate of change in goods and service prices over a predetermined time period (usually a year).
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ENGLISH
Read the passage given below
The choices we make on a daily basis-wearing a seatbelt, lifting heavy objects correctly or purposely staying out of any dangerous situation can either ensure our safety or bring about potentially harmful
circumstances. You and I need to make a decision that we are going to get our lives in order Exercising self-control, self-discipline and establishing boundaries and borders in our lives are some
of the most important things we can do. A life without discipline is one that's filled with carelessness.
We can think it's kind of exciting to live life on the edge. We like the image of "Yeah! That's me! Living on the edge! Woo-hoo!" It's become a popular way to look at life. But if you see, even highways have lines, which provide margins for our safety while we're driving. If we go over one side, we'll go into the ditch. If we cross over the line in the middle, we could get killed. And we like those lines because they help to keep us safe. Sometimes we don't even realize how lines help to keep us safe.
I'm not proud of this, but for the first 20 years of my life at work, I ignored my limits. I felt horrible, physically, most of the time. I used to tell myself "I know I have limits and that I've reached them, but I'm going to ignore them and see if or how long I can get by with it." I ran to doctors, trying to make myself feel better through pills, vitamins, natural stuff and anything I could get my hands on. Some of the doctors would tell me, "It's just stress." That just made me mad. I thought stress meant you don't like what you do or can't handle life, and I love what I do. But I kept pushing myself, travelling, doing speaking engagements and so on-simply exhausting myself. Finally, I understood I was living an unsustainable life and needed to make some changes in my outlook and lifestyle. You and I don't have to be like everyone else or keep up with anyone else.
Each of us needs to be exactly the way we are, and we don't have to apologize for it. We're not all alike and we need to find a comfort zone in which we can enjoy our lives instead of making ourselves sick with an overload of stress and pressure.
i. The reason why living on the edge has become popular, is because of the
a) constant need for something different.
b) population being much younger.
c) exhausting effort to make changes.
d) strong tendency to stay within our limits
ii. Choose the option that best captures the central idea of the passage from the given quotes.
a) It is all about quality of life and finding a happy balance between work and friends.
b) to go beyond is as wrong as to fall short
c) life is like riding a bicycle. To keep your balance you must keep moving.
d) balance is not something you find, it is something you create.
iii. Which of the characteristics are apt about the writer in the following context: "I know I have
limits and that I've reached them, but I'm going to ignore them and see if or how long I can get by
with it."?
1) negligent 2) indecisive
3) spontaneous
4) reckless 5) purposeless 6) patient
a) 2 and 5
c) 1 and 4
b) 3 and 6
d) 2 and 3
iv. Which of the following will be the most appropriate title for the passage?
a) Much too soon
b) Enough is enough
c) How much is too much? d) Have enough to do?
v. The phrase "potentially harmful circumstances” refers to circumstances that can
a) certainly be dangerous. b) be fairly dangerous.
c) be possibly dangerous. d) seldom be dangerous
vi. Select the option that makes the correct use of “unsustainable", as used in the passage, to fill in
the blank space.
a) In the long run, the_______officials followed emergency procedures.
b) Emergency procedures were _______ by the officials.
c) Officials reported a set of _______ events during the emergency.
d) Officials admit that the emergency system is __________ in the longer run.
vii. The author attempts to the readers through this write-up.
a) rebuke
b) question c) offer aid to d) offer advice to
viii. The author uses colloquial words such as "yeah" and "Woohoo!". Which of the following is
NOT a colloquial word?
a) hooked
b) guy
c) stuff
d) stress
ix. What does the author mean when he says, "to get our lives in order"?
a) To resume our lives.
b) To organize our lives.
c) To rebuild our lives.
d) To control our lives.
x. Choose the option that correctly states the two meanings of 'outlook', as used in
the passage.
a) A person's evaluation of life
b) A person's experiences in life
c) A person's point of view towards life d) A person's regrets in life
e) A person's general attitude to life
xi. The author explains the importance of discipline and boundaries in our lives
using the example of
a) road accidents.
b) traffic rules.
c) lines on the highway.
d) safe driving.
xii. What is the message conveyed in the last paragraph of the passage?
a) Love what you do.
b) Love yourself to love others.
c) Be the best version of yourself. d) Be yourself.
Answers
Answer:
mother trucker u suppose to put one answer
Answer:
if ur gonna put 90234982304 questions and a passage maybe give more than 5pts lol
Explanation:
What are the most common types of A/B tests you can run? Select all that apply. CTA Email Chatbots Landing Page
Answers
The most common types of A/B tests that one can run are CTA, Email, and Landing Page. Let us understand each of these and how the A/B testing can be performed on them.
This test is usually performed by randomly assigning users to one of the two groups: a control group and a test group. The control group is shown the original or current version while the test group is shown the new or updated version. The goal of A/B testing is to identify which version performs better. CTA- Call to Action CTA or Call-to-Action is a marketing term that refers to the desired action that a user should take on a website or landing page. The most common types of A/B tests are CTA, Email, and Landing Page.
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Which is a good rule to follow when sending business emails? (1 point)
Answers
Answer:
Avoid forwarding spam and unnecessary messages such as chain letters.
Explanation: did the test
The good rule that must follow at the time of sending business emails is to avoid forwarding spam and unwanted texts like chain letters.
What is email?An email, is also called as the electronic mail. It is one of the most extensively employed features of the Internet, that is mostly used in the formal business organizations.
It allows a person to transport and acquire messages from nay person in the globe that has an email account. Within the TCP/IP suite, email uses a variety of protocols.
When sending business emails, a good tip to follow is to avoid forwarding spam and undesirable texts like chain letters.
Therefore, the use of formal languages and proper formats made the emails more accurate.
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Write about the three motivational theorists. (Herzberg, Maslow and Taylor)
Answers
1. Frederick Herzberg:
Frederick Herzberg developed the Two-Factor Theory, also known as the Motivation-Hygiene Theory. According to Herzberg, there are two sets of factors that influence motivation and job satisfaction. The first set, called hygiene factors, includes aspects such as company policies, working conditions, salary, and interpersonal relationships. These factors, when lacking or inadequate, can lead to dissatisfaction. The second set of factors, known as motivators, includes elements like achievement, recognition, responsibility, and personal growth. Motivators are related to intrinsic rewards and can enhance job satisfaction and motivation.
2. Abraham Maslow:
Abraham Maslow is known for his theory of human motivation called the Hierarchy of Needs. Maslow proposed that individuals have a hierarchy of needs that must be fulfilled in a specific order. The hierarchy includes physiological needs (such as food, water, and shelter), safety needs, social needs, esteem needs, and self-actualization needs. Maslow believed that individuals must satisfy their basic needs before progressing to higher-level needs. Once the lower-level needs are met, people strive for self-actualization, which involves realizing their full potential and personal growth.
3. Frederick Taylor:
Frederick Taylor is often referred to as the father of scientific management. His theory, known as Taylorism or Scientific Management, focused on improving efficiency and productivity in the workplace. Taylor believed that organizations should carefully study work processes and find the most efficient methods to perform tasks. He emphasized the importance of task specialization, standardization, and scientific selection of workers. Taylor’s approach involved breaking down tasks into smaller components and scientifically determining the most efficient way to perform each task. He also emphasized the need for fair compensation and incentives to motivate workers.
These three motivational theorists have contributed significantly to our understanding of human motivation and have provided frameworks to enhance employee satisfaction, productivity, and overall organizational performance.
There are three influential theorists who have made significant contributions to the understanding of motivation in the workplace: Frederick Herzberg, Abraham Maslow, and Frederick Taylor.
Frederick Herzberg was a renowned psychologist and management theorist known for his contributions to the understanding of employee motivation. He developed the two-factor theory, also known as the motivation-hygiene theory or dual-factor theory. According to Herzberg, there are two sets of factors-- hygiene factors and motivators that influence employee satisfaction and motivation.
Abraham Maslow was a prominent psychologist who proposed the hierarchy of needs theory. Maslow's theory suggests that individuals have a hierarchy of needs that must be fulfilled in a specific order to achieve motivation and self-actualization.
Frederick Taylor, often referred to as the father of scientific management, focused on improving productivity and efficiency in the workplace. His theories emphasized the scientific study of work processes and the implementation of standardization and specialization.
Overall, these three motivational theorists—Herzberg, Maslow, and Taylor contributed valuable insights into understanding what drives individuals in the workplace, whether through job enrichment, the fulfillment of hierarchical needs, or the optimization of productivity and efficiency.
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suppose you are the general manager of a business. supply a separate strategy for each of the following challenges that may arise in the micro environment of the business.
1. The product design team in the marketing department cannot reach consensus on the new product idea and as a result conflict arises
2. When the financial department of the business prepared the financial statements for year end, they realised that the business does not generate sufficient profit to keep the shareholders happy.
3. The general manager requested audit reports from the administration department, but the administration department cannot find the audit report complied by an external accounting firm
Answers
Answer:
uts all really esay and i dont know how it works
Suppliers want to sell large quantities of products with a high
Answers
Answer:
price
Explanation:
supplier will be willing and able to sell products for high prices as their able to make a good profit
When it comes to investing, what is the best approach to very optimistic and big news about a new company? (5 points)
a
Invest right away; trust the news.
Caution; research the company first.
O Invest a large amount through a financial advisor.
Contact the company to obtain information.
Answers
Answer:
caution research company first
Explanation:
safest option
State, in brief, with reasoning, whether following statement is correct/incorrect: “One cannot be everything to everyone, but can be everything to a selected few”.
Answers
Answer:
Yes the statement is correct.
Explanation:
The statement is given by Matt Cheuvrant. In business the statement is absolutely correct that you can not satisfy the need of all the customers. A business cannot offer a product at less than its cost if a customer cannot afford it. Also an organization cannot start manufacturing a product because one customer demands it. If the company decides to satisfy all his customers by offering a large variety of products it may result in establishing in-house competition resulting in declining profits from both the products. If the company tries to give everything to every one this enhances its risk of failure resulting nothing in its own hands.
Businesses should focus on a single product and try to create a niche market. The product should be unique and its features should be extensively different from the other competitive products available in the market. This creates heavy switching cost to customers which ensures the business that customers will retain loyal to it. You can everything for few customers. They will not want to leave you because of your product specific features that are not available in the market.
Entrepreneurial mind frame permits the entrepreneur to see things in a very positive and optimistic light.True or false?
Answers
When an entrepreneur has a very positive and optimistic vision, he adjusts to the entrepreneurial mental framework (True)
The entrepreneurial mind frame is a term that refers to the human way of thinking that takes any situation in a very positive and optimistic way.
This mentality is characterized by seeing the positive factors in difficult situations or crises. On the other hand, it is a mind frame that allows the individual to take advantage of negative situations to devise innovative solutions.
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Sold goods whose list price is 5000 to rakesh at 6% trade discount and 1% cash discount he paid 60% price in cash jornal entry
Answers
The journal entry will be:
Debit: Accounts Receivable 2766
Credit: Sales 5000
Debit: Discounts Allowed 317
Credit: Trade Discount Allowed 300
Credit: Cash Discount Allowed 17
How to depict the journal entry?To record the sale of goods to Rakesh at a trade discount and cash discount, you would make a journal entry to debit Accounts Receivable (for the amount Rakesh will pay on credit) and credit Sales (for the revenue from the sale). The entry would also need to include any applicable discounts.
The trade discount is calculated by multiplying the list price of the goods by the trade discount percentage (6% in this case), so the trade discount would be:
5000 x 6% = 300
The cash discount is calculated by multiplying the list price minus the trade discount by the cash discount percentage (1% in this case), so the cash discount would be:
(5000 - 300) x 1% = 17
The total discounts is trade discount + cash discount
300 + 17 = 317
The amount Rakesh paid in cash would be calculated by multiplying the list price minus the discounts by the percentage he paid in cash (60% in this case), so:
(5000 - 317) x 60% = 2766
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In 2013, the Oakland A's were one of the hottest teams in baseball. They were regularly drawing "sellout" crowds, with many more fans wanting tickets. However, the A's did not sell all of the 56,000 seats. The A's removed or put tarps over roughly 20,000 seats in most of the third deck and the outfield stands. The A's management said that the reason was to create a more intimate feeling for the fans. What's another explanation? The A's removed or put tarps over roughly 20,000 seats to
Answers
Answer:
The other reason was to limit the number of special seats to charge a higher price for them.
Explanation:
Oakland A's knows that it has a large number of dedicated fans and that they are thirsty for tickets to watch the games, as these tickets are in high demand. In this case, when Oakland A's puts tarps or removes only on 20,000 seats and claims that it is to promote a more intimate experience for fans, it is because it knows that fans will want to occupy these special places, no matter what price they need to pay. In this case, we can say that a probable reason for the existence of these 20,000 unavailable seats is to increase the profit from ticket sales, by charging a higher price for the available seats.
If a $10,000 investment earns a 4 % annual return, what should its value be after one year? A. $100
B. $10,000
C. $400
D. $10,400
E. $4,000
Answers
Including ______
in a sales strategy is important.
A. customer rewards
B. employee feedback
C. customer support
D. employee support
Answers
Consider a simple economy that produces only pies. The following table contains information on the economy's money supply, velocity of money, price level, and output. For example, in 2019, the money supply was $360, the price of a pie was $9.00, and the economy produced 800 pies.
Answers
The velocity of money in 2019 based on the information will be 20 and the nominal GDP is $7200.
From the complete information, the velocity will be calculated thus:
= Price level × Quantity / Quantity of money
= (9 × 800) / 360.
= 20
The nominal GDP will be:
= Price level × Quantity
= 9 × $800
= $7200
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abc audio sells headphones and would like to earn an after-tax profit of $932 every week. each set of headphones incurs variable cost of $13 and sells for $26. rent and other fixed costs are $265 per week; the income tax rate is 20%. how many headphones must abc sell per week to meet its profit goal?
Answers
Headphones must ABC sell per week to meet its profit target is 130.00.
What is profit target?
A profit target is indeed a set price where an investor will close a position with a profit. Investors as well as technical traders use profit targets as part of many trading strategies to manage risk, as well as the target can be set using a variety of techniques or criteria. At various times during an investment's holding period, profit targets could be established and updated. When a trade will be first established, an initial profit target can be set using strategies like technical positions on a chart, financial analysis of the a company's financials, or even a heuristic like after 10% or a specific dollar increase. After identifying specific forecasts, an investor may employ a conditional order to establish a profit target.
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Tell me 3 characteristics of money?
Answers
1.) durability
2.) acceptability
3.) scarcity
4.) portability
5.)divisibility
6.)uniformity
choose any three u want! :)
Characteristics of Money.
Answer:
(a) Divisibility
(b) Limited supply
(c) Durability
More:
(d) Portability
(e) Acceptability
(f) Uniformity
These are the characteristics of money.
Hope it helps!!Please mark me as the brainliest!!!Thanks!!!!❤❤
The export of new world crops to the old world transformed european society mostly by.
Answers
The export of crops from the New World to the Old World transformed European society mainly by improving the diets of the population, which consequently increased population growth.
How did the colonization of the new world benefit Europe?The discovery of America by European explorers made the place known as the New World, due to the fact that there were lands and riches that were used by Europeans for the crops and exploitation of precious metals for the enrichment of the European metropolis.
Therefore, the colonization of the New World made Europe rich through the exploitation of the resources of the conquered lands, increasing the supply of raw materials and reducing the scarcity of society.
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Target, a discount store has successfully partnered with luxury brands such as Lilly Pulitzer, Toms, and Altuzarra to create interest and drive customers to its stores. Target's ability to create these partnerships is considered one of its strengths and provides an advantage over its competitors. This is an example of a _______. a.core competency b.market opportunity c.strategic window dpetitive advanta
Answers
Answer:
a.core competency.
Explanation:
Core competency can be defined as the set of skills, experience and technical know-how, which an organization possesses and distinguishes them from their competitors (rivals) in the same industry. Basically, measuring the core competence of an organization is beyond its financial assets or physical value. Core competency of an organization is rather the defining capabilities and resources which gives it a competitive advantage over its rivals in the same industry.
Hence, the combination of firm-specific and valuable resources and firm-specific productivity allows a company to possess a core competency. A company that possesses core competence are characterized by;
1. They are not so easy to imitate or not imitable by their rivals in the industry.
2. They have a very large market capital share and as such are able to diversify.
3. A core competent company should be able to provide significant satisfaction or benefits to the consumers of its products..
Analyse how the level of government intervention varies according to the type of
economic system countries operate.
Answers
Answer:
Answer: In a capitalist economy, the government acts as a regulatory and complementary body. On the other hand, in a socialist economy, the government plays a comprehensive role in almost all economic activities, such as production, distribution, and consumption, of a nation.
company A had an engineering job to be given to a subcontracting company. The subcontracting took the iob and a formal contract was signed between the two parties. While the project was ongoing. some technical diticulties faced by the subcontracting company forced the project to be stopped for a period of 1 month. Since the project was stalled for 1 month the company A couldn't complete the project, and couldn't deliver the project to the client. The client levied a fine on the contracting company. Company A asked for compensation for the delay of work by the subcontracting company wherein in the formal contract there is no mention that the fine can be levied on any delay of work. The two companies had a dispute and company A had refused to conclude the contract. Apply applicable two Bahrain contract laws in this scenario to have a dispute resolution and come up with an appropriate conclusion to the case
Answers
In Bahrain, the applicable laws for resolving contract disputes can include: Bahrain Commercial Companies Law: This law governs the formation and operation of commercial companies, including subcontracting companies.
Bahrain Civil Code: The Civil Code contains provisions related to contracts, obligations, and liabilities. It may cover aspects such as breach of contract, compensation for damages, and principles of contractual interpretation. In order to resolve the dispute and come to an appropriate conclusion, the parties involved can consider the following steps: Contractual Interpretation: Review the terms and conditions of the formal contract signed between the two parties to determine if there are any clauses or provisions that address the issue of compensation for delays or unforeseen circumstances. It is important to carefully examine the contract language to understand the rights and obligations of each party.
Negotiation and Mediation: The parties can attempt to negotiate a mutually acceptable resolution through direct discussions or mediation. Mediation involves the intervention of a neutral third party who facilitates communication and assists the parties in reaching a settlement.
Arbitration: If negotiation or mediation fails to resolve the dispute, the parties can consider arbitration. Bahrain has established the Bahrain Chamber for Dispute Resolution (BCDR-AAA) to handle commercial disputes through arbitration and other alternative dispute resolution mechanisms. Legal Action: If all other avenues fail, the parties can resort to legal action by filing a lawsuit in the appropriate Bahraini court. The court will consider the relevant contract laws and evidence presented by both parties to determine the outcome of the case. It is important to consult with a legal professional to understand the specific details of the case, review the contract terms, and receive advice tailored to the Bahraini legal system and circumstances involved.
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this one for juliemwinkler
Answers
Answer:
Hiiiiii
Explanation:
A grocery store is reevaluating the retail price of their oranges. They have a contract where they can purchase oranges for $0.52 per pound. However, this includes high quality oranges (about 40% of shipments), low quality oranges (55%), and occasionally rotten fruit (5%). Suppose they sell 80% of all high quality oranges at $1.99 per pound, 65% of all low quality oranges at $1.49 per pound (they offer a sale), and they cannot sell any of the rotten fruit. What proportion of the oranges the oranges that they buy do they actually sell
Answers
The proportion of the oranges that they buy they actually sell is 231.172% is the correct answer.
The store can purchase oranges at 52 cents per pound but this includes high-quality oranges (40% of shipments), low-quality oranges (55%), and occasionally rotten fruit (5%). They can sell 80% of high-quality oranges for $1.99 per pound, and 65% of low-quality oranges for $1.49 per pound. The store cannot sell rotten oranges.
Let's compute the average price of the oranges they purchase:
$0.52 × 0.4 = $0.208 (the price for high-quality oranges)
$0.52 × 0.55 = $0.286 (the price for low-quality oranges)
$0.52 × 0.05 = $0.026 (the price for rotten oranges)
$0.208 + $0.286 + $0.026 = $0.52 (the average price of the oranges)
The revenue that the store gets from one pound of high-quality oranges is:$1.99 × 0.8 = $1.592The revenue that the store gets from one pound of low-quality oranges is:$1.49 × 0.65 = $0.9685The store cannot sell rotten oranges.
The revenue that the store gets from one pound of all the oranges is:0.4 × $1.592 + 0.55 × $0.9685 = $1.20415
The cost of one pound of all the oranges is:$0.52
The proportion of oranges that they sell is:($1.20415 / $0.52) × 100% = 231.172%
Thus, the proportion of oranges that they sell is 231.172%.
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how do monopolies typically compare to producers in perfectly competitive markets? a monopolies produce larger quantities.
Answers
In a perfectly competitive market, the producers have no control over the prices since they are price takers, but in a monopoly, the producers can control the price as they are price setters. A monopoly market differs from a perfectly competitive market in many ways. This essay will discuss how monopolies compare to producers in a perfectly competitive market.
There is no competition in a monopoly market because the single firm is the sole supplier of the good, and the demand curve it faces is the market demand curve. Therefore, the demand curve is downward sloping. Producers in perfectly competitive markets, on the other hand, must compete with each other to sell their goods. As a result, they have no control over the price and can only sell at the market price. In a monopolistic market, the producer has a lot of power. They have control over the price of the goods or service since they are the only supplier.
Therefore, they can raise the price of the good or service, making it difficult for consumers to buy it. Monopolies can also produce larger quantities than producers in perfectly competitive markets since there is no competition. When a firm becomes a monopoly, it can use its resources to develop new products, lowering the cost of production, which allows it to produce more. As a result, the firm can create economies of scale, lowering its average cost of production, allowing it to produce larger quantities at a lower price.
However, this is not possible in a perfectly competitive market since the producers have no control over the price or the quantity produced. Therefore, they are not in a position to enjoy economies of scale, unlike monopolies. In conclusion, monopolies differ from producers in a perfectly competitive market in many ways, including the quantity produced, price setting, competition, and economies of scale.
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In a(n) ________ situation, the buyer has purchased a similar product in the past but has decided to change some specifications.
Answers
In a modified rebuy situation, the purchaser has bought a comparative item previously yet has chosen to change a few specifications.
The option (A) is correct.
In such cases, the buyer is not starting from scratch but is making modifications or adjustments to their previous purchase. This type of situation often arises when the buyer is looking for improvements, cost savings, or better features without completely abandoning their existing supplier or product.
It allows the buyer to maintain a certain level of familiarity while still seeking enhancements to meet evolving needs or preferences. In a modified rebuy, the buyer evaluates alternative options and negotiates changes with the supplier to accommodate their updated requirements.
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This question is not complete, Here I am attaching the complete question:
In a(n) ________ situation, the buyer has purchased a similar product in the past but has decided to change some specifications.
(A) modified rebuy
(B) new buy
(C) none
Is wanting to increase sales over the next year a good objective if (no/yes) write why
Answers
Answer:
Yes because some family's are not doing very good in money so they should be able to afford more items
But also no at the same time because if you have more sales more of your stuff will be out of stock.
Explanation:
Which of the following effects is seen on the money supply and the economy when the Federal Reserve Board raises the discount rate? Multiple Choice People are encouraged to make major purchases, increasing economic activity. Inflation increases, the money supply increases, and economic activity increases. Interest rates increase and the money supply decreases. Interest rates decrease and the money supply increases. Banks make more loans, the money supply increases, and economic activity increases.
Answers
When the Fed engages in the action of raising the interest rate, the effect on the money supply and the economy is Interest rates increase and the money supply decreases.
What happens when the discount rate rises?When the discount rate of the nation is increased, it means that the Fed has increased the interest rate at which it loans out money to commercial banks.
As a result, commercial banks will be forced to raise their own rates which would lead to a decrease in money supply as companies and individuals will borrow less money and inject it into the economy.
In conclusion, a rise in the discount rate leads to a fall in money supply.
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Splish Furniture factors $720000 of receivables to Bramble Factors, Inc. Bramble Factors assesses a 4% service charge on the amount of receivables sold. Splish Furniture factors its receivables regularly with Bramble Factors. What journal entry does Splish make when factoring these receivables
Answers
Splish makes a Journal entry when factoring these receivables is equal to $28,800.
When factoring, the business actually sells its accounts receivable and receives cash from the company buying the receivables. The selling company will record the % fee from the factoring or buying firm as a loss in its financial statements.
The journal entry is shown below:
Cash A/c $6,91,200
Service Charge Expense A/c $28,800
To Accounts Receivable A/c $720,000
(Being the cash is received and the remaining balance is debited to the cash account )
The computation of the service charge expense is shown below:
= Accounts Receivable × service charge percentage
= $720,000 × 4%
= $28,800
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