when labor is hired in a competitive market, the value of the marginal product of labor is computed by:

a. The move to lower the price to $50 by one firm would result in increased competition and potentially lead to lower profit margins for all three firms.

b. Raising the price to $70 would likely decrease market demand, resulting in reduced sales and profits for all three firms. It is unlikely that they would be better off in terms of profit.

a. When one firm decides to drop its price to $50, the other two firms follow suit and also lower their prices. As a result, the price for the product in the market becomes $50. Since the market demand for the product remains the same, the quantity demanded by consumers is likely to increase due to the lower price. However, the market is now divided among three firms instead of being evenly distributed among the original three firms.

The firm that initially reduced its price to $50 may experience a short-term increase in market share as some customers switch to their lower-priced product. However, the other two firms also lower their prices, leading to increased competition and a potential loss in market share for the initial firm. This price reduction may result in a decrease in the profit margins for all three firms as they are now selling their product at a lower price.

b. If all three firms had collectively raised the price to $70, it is likely that the quantity demanded by consumers would decrease. This is because the higher price would make the product less affordable, leading to a reduction in demand. As a result, the market would shrink, and each firm's share of the market would also decrease.

In terms of profit, it is unlikely that the firms would be better off if they all raised the price to $70. The decrease in quantity demanded would likely outweigh any increase in profit resulting from the higher price. Since the market demand is relatively elastic, a significant price increase would likely lead to a more substantial decrease in demand, resulting in reduced sales and profits for all three firms.

In summary, lowering the price to $50 might lead to short-term gains in market share for the initial firm, but it would likely decrease profit margins for all three firms due to increased competition. Conversely, raising the price to $70 would likely lead to a decrease in market demand and reduced profits for all three firms.

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Answer:

Art is wonderful art is beautiful are is mysterious art is so much more...

When the price of a ticket is limited, the effect would be that there would be a  shortage of tickets.

A shortage is when the quantity demanded of a product exceeds the quantity supplied. This usually occurs when the price of the good is set below equilibrium price.

When the ticket price is limited, the profit made per game reduces. As a result, it is expected that the number of tickets offered would decline. This would lead to a shortage.

Here is the full question:

Suppose university officials felt the price of football tickets at your school are too expensive and decide to limit the price the athletic department can charge for a ticket to a single game. What will result from this decision? Select all that apply. a. The quality of facilities will decrease. b. An abundance of cheap tickets will be available online. c. A shortage of tickets will exist. d. The football team will offer more tickets to the game.

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The goal of training session is to provide attendees with knowledge, skills, and understanding that they can apply in their work or personal lives.

Training is the process of teaching or learning a particular skill, knowledge, or behavior through practice and instruction. In the context of machine learning, training refers to the process of teaching a computer algorithm to recognize patterns and make predictions based on input data. During training, the algorithm is fed a large amount of data, along with the correct outputs, and it adjusts its parameters to minimize the difference between the predicted output and the actual output. This process is repeated over many iterations until the algorithm can accurately make predictions on new, unseen data. Training is a crucial step in developing effective machine learning models and is essential for a wide range of applications, from image recognition and natural language processing to self-driving cars and fraud detection.

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Answer:

Explanation:

Tye negative impact of the coronavirus is that:

1. Unemployment: A negative effect of the virus is the increase in unemployment. Since, people were informed to stay at home, this hindered people from performing their normal activities. Since there was less money in circulation, this led to loss of jobs.

2. Pressure on Health and medical systems: Due to the spread of the virus, there were pressures on hospitals, clinics etc.

3. Negative effect on economic growth. There was a decrease in the demand of goods and services which in turn, had a negative effect on economic growth.

4. Deaths

Answer:

FALSE

Explanation:

THIS IS THE COMPLETE QUESTION

Trends representing either increasing or decreasing movements over many years due to factors such as population growth, population shifts, cultural changes, and income shifts are a component of a time series called "Random Variations"

Random Variation can be regarded as

tendency of an estimated size/ value of a parameter to undergo deviation randomly away from the real/ true magnitude/ value of the parameter.

Answer:

cash dr

Explanation:

to capital A/c ( being bussined started cash)

Equifinality is the term in systems theory that describes the idea that a system can achieve its goals through multiple pathways or approaches.

It suggests that there are different ways for a system to reach a desired outcome or state, and that there is no single predetermined path to success.

In the context of organizational systems, equifinality recognizes that there can be various routes or strategies for achieving the same goals. It acknowledges that organizations can adapt and respond to changing circumstances by employing different methods or approaches, depending on the specific context and conditions they face.

Equifinality highlights the flexibility and resilience of systems, allowing them to overcome obstacles or challenges by exploring diverse possibilities and alternatives. It promotes a non-linear perspective, emphasizing that different initial conditions or inputs can lead to similar outcomes or outputs.

For example, consider two organizations aiming to increase their market share. One organization may choose to achieve this through aggressive pricing strategies, while another organization may focus on product innovation and differentiation. Both approaches can lead to the desired outcome of increased market share, demonstrating equifinality.

Understanding equifinality is crucial for organizations as it encourages them to consider a range of potential solutions or pathways to achieve their goals. It promotes creativity, adaptability, and an openness to exploring different options. By recognizing the principle of equifinality, organizations can enhance their problem-solving capabilities, increase their resilience, and capitalize on diverse approaches to achieve success.

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Answer:

Survival of the fittest

Explanation:

Survival of the fittest, term made famous in the fifth edition (published in 1869) of On the Origin of Species by British naturalist Charles Darwin, which suggested that organisms best adjusted to their environment are the most successful in surviving and reproducing. Darwin borrowed the term from English sociologist and philosopher Herbert Spencer, who first used it in his 1864 book Principles of Biology. (Spencer came up with the phrase only after reading Darwin’s work.)

As the increase in autonomous expenditure has led to an increase in output, the change in Troll Island's real GDP after the increase in AE can be computed as $12.6 billion.

How to calculate the change in Troll Island's real GDP after the increase in AE? The change in Troll Island's real GDP after the increase in AE can be computed as: Change in Real GDP = Multiplier x Change in Autonomous Expenditure

The multiplier for this scenario is 2.5, and the change in autonomous expenditure is $5.04 billion. As a result, the change in real GDP is: Change in Real GDP = 2.5 x $5.04 billion= $12.6 billion Therefore, the change in Troll Island's real GDP after the increase in AE is $12.6 billion.

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The order of steps that Thomas Briarwood, Dawn Cooper, and Neil Dunn need to take to form a corporation is D Determine the state of incorporation; seek a charter; establish by-laws; obtain necessary licenses.

When a person or group of people need to start a corporation, they should first determine the state that they would like to be incorporated in, given their preference and types of business.

Thomas Briarwood, Dawn Cooper, and Neil Dunn should then seek a charter in that state. After they do so, they should then come up with their by - laws and then obtain the necessary licenses need to trade.

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Answer:

If a law enforcement officer if directing traffic where there are traffic lights, OBEY the officer – not the signals. You must yield the right-of-way to all other traffic and pedestrians at stop signs. Move forward only when the road is clear. At four-way signs, the first vehicle to stop should move forward first.

The very first action we do is stop at the junction as if it were a red light and waiting for police to notify you when it is safe to go.

Explanation:

If a police officer directs traffic in an area with traffic signals, respect the officer rather than the signals. At stop signs, you must surrender the right-of-way to all other cars and pedestrians. Only proceed when the road is clear. When approaching a four-way stop, the first car to halt shall proceed first.

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These are examples of telemarketing. As the nutribullet blender and shake weights became successful after appearing in television commercials. Hence, option A is correct.

Telemarketing is the practice of selling products or services over the phone. On occasion, businesses will call it "tele-sales" or "inside sales." The most well-known form of telemarketing is cold calling, in which a company calls a person for the first time with the intention of pitching them one of its products or services.

Sales agents, often known as telemarketers, will call potential customers on the phone or over web conferencing in order to offer them the supplied goods and services. Calling that is both inbound and outbound are the two types of telemarketing.

Thus, option A is correct.

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Emperor Justinian stands out because he was responsible for codifying many laws into a unified source of civil law (option D)

Flavius Justinian (482-565) was a renowned Roman emperor, better known as Justinian I the Great. His rule began in the year 527 and lasted until his death.

As emperor he focused on the task of reviving the former greatness of the classical Roman Empire, reconquering much of the lost territories of the Western Roman Empire.

On the other hand, one of his most important legacies is the uniform compilation of Roman law in the work of the Corpus Iuris Civilis, which is still the basis of the civil law of many modern states.

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Answer: B. given to someone who works and receives credit for tuition.

The housing industry have important relation with the economy because its prices can impact residential investment and thus, affect the economic growth.

An housing industry is an industry that encompasses building of housing. construction, engaging in commercial housing activities etc.

Generally, when an economy is doing well, it will be favorable to build house of high value as its gives higher confidence in the industry and economy,

Also, the additional industries that impact an economy includes Healthcare, Technology, Retail, Manufacturing industry etc

In conclusion, the housing industry have important relation with the economy because its prices can impact residential investment and thus, affect the economic growth.

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A new leisure time tax is placed on suppliers in this market, shifting the supply curve from S0 to S1. The amount of this tax is $3 per bucket of

Thus option 2 is correct

The point where S1 & D intersect is the new market equilibrium. The equilibrium quantity is 400 while the equilibrium price is $14. At the same quantity of 400 units, the price on old supply curve  (So) is $11. The tax is distance between these two prices.

Hence the tax = $14-$11 = $3 per unit

By providing advice, oversight, support, and practise, parents have the largest impact on their teen drivers. At the age of 18, youth are also ready to move out and live independently in their own apartments, whether they decide to do so for educational purposes. The best age for teens to start taking driving lessons is thus 16, according to research.

Among the many active participants in the healthcare process who influence quality are patients and families, government rules, accreditation organisations, professional groups, facility leadership, and payors.

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Answer:

No duality

Explanation:

Change management is a strategy that helps individual and teams prepare for organisational changes that have to be made to move the business to greater heights.

In the given scenario where James Morgan is both the CEO and the chairman of the board, he will have undue influence on major decisions in the organisation.

It is better for him to retain position of Chairman of the board and appoint another person as the CEO.

This will give fresh perspective to various issues the organisation faces, and also will provide check and balance to adverse policies that Mr. Morgan may want to introduce.

In addition to the amount you borrow from a lender, you will also be charged interest.

Interest is a necessary cost of borrowing money, and it is also a cost of lending money. Interest is typically expressed as a percentage of the annualized principal amount of a loan. This percentage indicates the interest rate for the loan.

Let's use a $1,000 loan as an example, with a seven-year, 10% interest rate. In the first year, you'd make $100 in interest. Your interest payment for the following year would be the total amount borrowed plus interest, or $1,100. Thus, $110 ($1,100) would be the interest for the second year.

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When a state exempts food from its sales tax base, it effectively lowers the overall sales tax rate. This is because food is a necessity and a significant portion of the budget of low- and moderate-income households is spent on food.

By exempting food, the state is reducing the tax burden on these households, which can stimulate demand and lead to higher economic activity.

However, exempting food from the sales tax base also reduces the revenue collected by the state. This means that the state will need to collect more revenue from other sources, such as income taxes, to maintain its budget. As a result, the sales tax in the state that exempts food from the sales tax base will generate a higher excess burden than in the state that does not exempt food from the sales tax.

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Full Question: Suppose there are two states that collect an identical amount of revenue from the sales tax. One exempts food from the sales tax base, while the other does not. All else equal, the sales tax in the state that exempts food will generate a higher excess burden than in the state that does not exempt food from the sales tax. Explain why this is the case.  

The Annual Interest Rate (AER) = 16.8454

Annual Interest Rate = RATE (nper,pmt,pv,fv)

Annual Interest Rate =RATE (40,-1000,0,3000000)

Annual Interest Rate = 16.85%.

Annual Interest Rate = 16.8454

The Annual Interest Rate (AER) is the real return on a savings account or any other interest-paying investment after taking into account the benefits of compounding over time. It also shows the current percentage rate of interest on any outstanding debts, such as credit card debt and loans. It is also referred to as the annual equivalent rate, the annual interest rate (AER), and the effective rate.

The effective Annual Interest Rate describes the actual interest rate that applies to a loan or investment. The most important feature of the effective yearly interest rate is the fact that it takes into account the fact that greater effective interest rates will arise from more frequent compounding periods.

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The key questions to inform the design process for measuring program value are program goals and objectives, stakeholder needs, outcomes and impacts, data sources and methods, and program performance communication and reporting.

The key questions that need to be answered in order to inform the design process for measuring program value include:

How can program performance be communicated and reported to stakeholders, and how can the results be used to improve program effectiveness?

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Answer and Explanation:

The preparation of the T-accounts are as follows:

For Account payable

Cash      $11,100            Inventory  $16,900

Balance $5,800

Total      $16,900          Total          $16,900

For Inventory

Account payable    $16,900

Cash                       $10,400             Balance    $27,300

Total                       $27,300            Total          $27,300

For cash

Opening balance    $36,000    Account payable  $11,100

                                                   Inventory               $10,400

                                                   Balance                 $14,500

Total                         $36,000    Total                      $36,000

Answer:

B. list the average amount.

Explanation:

An average value is the estimated value between/among two or more varying values. It helps to give an idea of an expected value.

In the case of varying income, the average amount is required to be listed. This would ensure that appropriate compensation is made with respect to the lowest amount. This can be determined by adding the highest amount to the lowest amount, and divide the result by 2.

Therefore, option B is more appropriate.

The difference between the price consumers have to pay and the highest price they are willing to pay is $0. If there is a price cap of $7.50, then consumers may not pay more than that amount. So they are unable to pay the amount they are willing to pay, which is usually higher than the price cap.

Price caps are in place to prevent prices from rising too much. The aim is to set a maximum price that cannot be exceeded to protect consumers from being charged too much for goods or services. This helps ensure that prices remain affordable for consumers and are not abused by businesses. As a result, when a price ceiling is set, consumers must pay the same amount as the price ceiling, and the difference between the price consumers must pay and the highest price they are willing to pay is $0.

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Answer:

Hi, the correct answer to your question is they are securities issued by states, cities

etc/more.

Explanation:

They mostly do this for building like highways, roads and more. It is used to raise more money to build important things for our environment.

Hope this helps! :)

As a result, the period it will take for his investment to hit $80,000 is approximately 54.5 years, to the nearest tenth of a year.

The technique of adding interest to a loan's or deposit's principal is known as compound interest, sometimes known as interest on principal and interest.

It happens when interest is reinvested, added to the lent capital rather than paid out, or required to be paid by the borrower, resulting in interest being created the next period on the principal amount plus any accrued interest. Compound interest is a major idea in finance and economics.

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