Which region of the demand curve is more elastic?A. In the lower price rangeB. In the higher price rangeC. In the higher quantity rangeD. Depends on the product

Answers

Answer 1

The region of the demand curve that is more elastic is generally in the (B) higher price range.

This is because as prices increase, consumers are more likely to seek out alternatives or simply choose to forgo purchasing the product altogether.

This results in a larger change in quantity demanded relative to the change in price, leading to a more elastic demand. However, it's important to note that this can depend on the product.

For example, products that are essential or have few substitutes may have more inelastic demand, even at higher prices.

So the answer to your question is D, it depends on the product.

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Related Questions

PLZ HELP ASAP
After reviewing the 16 national career clusters in this unit, you will choose two or more that are of interest and explore jobs in those fields. You will be asked to provide insights and perspective based on the information within each cluster you choose. This might be education and training required, tasks or skills necessary, job trends, pay and benefits, etc. Don't forget to research your dream job. Good luck.

Answers

Answer:

16 Career Clusters

Agriculture, Food, and Natural Resources.

Architecture and Construction.

Arts, Audio/Video Technology, and Communications.

Business Management and Administration.

Education and Training.

Finance.

Government and Public Administration.

Health Science.

Explanation:The career clusters also provide a means of exploring the many occupational options. ... Pathways are grouped by the knowledge and skills required for occupations in these career fields. Each pathway provides instruction as a basis for success in an array of careers and educational pursuits.

Human relations is concerned with all of the following except: A) employee motivation. B) the needs of employees. C) sales.

Answers

Human relations is concerned with all of the following except sales. The correct option is C.

Human relations refer to the study of people's behavior in a group and their interactions with one another. It is an essential topic of organizational behavior that focuses on creating and maintaining good relationships among employees.

Human relations are concerned with all the factors that affect employee relationships and employee satisfaction. It includes understanding employees’ needs, feelings, and motivations, developing trust, respect, and communication among the workforce.Human relations deal with the psychological aspects of the employees, creating an environment that motivates them to do their best, and helping them achieve their personal and professional goals.

This is done by identifying the needs of the employees and aligning them with the organizational objectives.Employee motivation is the process of energizing, directing, and sustaining employees' behavior towards the accomplishment of organizational goals. It is a process that influences employees to work hard and efficiently in achieving their goals. Employee motivation is achieved through various factors such as financial incentives, recognition, and employee satisfaction.Employee motivation is one of the factors that human relations deal with. Human relations experts help managers and organizations identify ways to motivate their employees, improve their work conditions, and improve their productivity.What are the needs of employees?The needs of employees refer to the essential needs that employees require in their work environment.

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Tickets to a fundraiser are $14 if purchased ahead of time and $25 if purchased at the door. The total amount raised from all ticket sales was $625. If eleven tickets were purchased at the door, how many tickets were purchased ahead of time?.

Answers

25 tickets

($14)(25)=$350
($25)(11)=$275
$350+$275= $625

The measure of the total annual income received by residents of a nation is called _____.

Answers

Answer: Gross National Income

Explanation:In a bid to measure and track the wealth of a nation, various economic terms are employed in keeping track of income generated by a nation from time to time usually on an annual basis. The Gross Domestic Product defines the value of all goods and services produced in a nation within a year. Hence, Gross Domestic Product(GDP) is concerned goods and services of domestic nature. The Gross National product(GNI) encompasses a nation's GDP and foreign revenue earned by nationals of a country.

Answer: The answer is GROSS NATIONAL INCOME

Explanation: Gross National Income (GNI) is the cummulative amount earned by individuals and businesses of a nation.It is a measure of the total annual income received by reaidents of a nation.

GNI is an alternative to Gross domestic product (GDP) as it sums up all income earned by residents of a nation removing the net income from abroad.

According to exodus 31:15 in whose honour we spend the Sunday?

Answers

Answer:

God

Explanation:

On sunday is sabbath of complete rest, it is something holy to God

the profit motive is lowest in which type of economy?

Answers

The profit motive is typically lowest in a centrally planned economy.

A centrally planned economy, also known as a command economy, is characterized by the central government's control and coordination of economic activities. In this type of economy, the government determines production quotas, sets prices, and allocates resources according to a central plan.

The profit motive, which drives individuals and businesses to seek financial gains through their economic activities, is generally diminished in such an economy.

In a centrally planned economy, the primary goal is often to meet collective needs and distribute resources according to social or political objectives rather than maximizing profits. The government's control over prices and production decisions reduces the influence of market forces and individual profit incentives.

Instead, the focus is on achieving broader social or developmental goals, such as equitable distribution of resources, employment generation, or economic stability.

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seasonal inventory allows a firm to maintain a smooth production flow throughout the year. group of answer choices true false

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The statement, "Seasonal inventory allows a firm to maintain a smooth production flow throughout the year" is True.

What is seasonal inventory?

Seasonal inventory can be defined as the practice of storing items, such as consumer products, materials, or commodities when they are in high demand and then selling them off when demand decreases.

It is an inventory management technique used by businesses to ensure they have enough stock to meet demand during peak periods and avoid overstocking during low periods.

What is production flow?

Production flow is the process of taking a raw material and transforming it into a final product. It involves a series of sequential steps and activities that lead to the manufacture of a finished product. It includes all the stages of production, from the procurement of raw materials to the delivery of finished goods to the customer.

Seasonal inventory allows a business to keep its production flow consistent throughout the year by ensuring that enough raw materials are available to meet demand during peak periods. It also prevents overstocking during low periods, ensuring that the business maintains its profitability.

As a result, seasonal inventory management can help companies maintain a more efficient and cost-effective production process.

Hence, The statement, "Seasonal inventory allows a firm to maintain a smooth production flow throughout the year" is True.

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Assume the assumptions of the CAPM, with E(rm)=[m]%, SDm=[s]% and the rf-=[f]%.If you have a stock that has a beta=[b] what is expected return of the stock?
2. Use the following information for stock ROCK and stock ROLL:
E(rROCK)=.11 SDrock=.20
E(rROLL)=.15 SDroll=.25
rf=.02 Correlation coefficient= .75
A) Find the expected return of a portfolio with 30% allocatedto stock ROCK and 70% allocated to stock ROLL
B) Find the standard deviation of a portfolio with 30% allocated to stock ROCK and 70% allocated to stock ROLL

Answers

The expected return of a portfolio with 30% allocated to stock ROCK and 70% allocated to stock ROLL can be calculated using the weighted average of the expected returns of the individual stocks. Assuming the correlation coefficient is 0.75.

we can use the formula:

Expected Return of Portfolio = (Weight of Stock ROCK * Expected Return of Stock ROCK) + (Weight of Stock ROLL * Expected Return of Stock ROLL)

Expected Return of Portfolio = (0.3 * 0.11) + (0.7 * 0.15)

Therefore, the expected return of the portfolio is 0.132 or 13.2%.

B) The standard deviation of a portfolio can be calculated using the individual stock standard deviations and the correlation coefficient. Assuming the correlation coefficient is 0.75, we can use the formula:

Portfolio Standard Deviation = √[(Weight of Stock ROCK)^2 * (Standard Deviation of Stock ROCK)^2 + (Weight of Stock ROLL)^2 * (Standard Deviation of Stock ROLL)^2 + 2 * (Weight of Stock ROCK) * (Weight of Stock ROLL) * (Standard Deviation of Stock ROCK) * (Standard Deviation of Stock ROLL) * (Correlation Coefficient)]

Portfolio Standard Deviation = √[(0.3)^2 * (0.20)^2 + (0.7)^2 * (0.25)^2 + 2 * (0.3) * (0.7) * (0.20) * (0.25) * (0.75)]

Therefore, the standard deviation of the portfolio is approximately 0.208 or 20.8%.

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The expected return of a portfolio with 30% allocated to stock ROCK and 70% allocated to stock ROLL can be calculated using the weighted average of the expected returns of the individual stocks. Assuming the correlation coefficient is 0.75.

we can use the formula:

Expected Return of Portfolio = (Weight of Stock ROCK * Expected Return of Stock ROCK) + (Weight of Stock ROLL * Expected Return of Stock ROLL)

Expected Return of Portfolio = (0.3 * 0.11) + (0.7 * 0.15)

Therefore, the expected return of the portfolio is 0.132 or 13.2%.

B) The standard deviation of a portfolio can be calculated using the individual stock standard deviations and the correlation coefficient. Assuming the correlation coefficient is 0.75, we can use the formula:

Portfolio Standard Deviation = √[(Weight of Stock ROCK)^2 * (Standard Deviation of Stock ROCK)^2 + (Weight of Stock ROLL)^2 * (Standard Deviation of Stock ROLL)^2 + 2 * (Weight of Stock ROCK) * (Weight of Stock ROLL) * (Standard Deviation of Stock ROCK) * (Standard Deviation of Stock ROLL) * (Correlation Coefficient)]

Portfolio Standard Deviation = √[(0.3)^2 * (0.20)^2 + (0.7)^2 * (0.25)^2 + 2 * (0.3) * (0.7) * (0.20) * (0.25) * (0.75)]

Therefore, the standard deviation of the portfolio is approximately 0.208 or 20.8%.

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The Neolithic Revolution was characterized by Group of answer choices new forms of stone tools used by people to process their foods. the migration of peoples into new areas that were previously uninhabited. an explosion of new technologies geared toward farming. the invention of cooking, which helped people digest meat products.

Answers

The Neolithic Revolution was characterized by an explosion of new technologies geared toward farming.

The Neolithic Revolution refers to a significant period in human history when humans transitioned from a hunter-gatherer lifestyle to settled agricultural communities. During this revolution, there was a notable development of new technologies specifically focused on farming. This included innovations such as the domestication of plants and animals, the cultivation of crops, the development of irrigation systems, and the invention of basic tools and implements for farming.

These advancements in farming technologies revolutionized human society by enabling a more stable and reliable food supply, leading to the growth of permanent settlements and the emergence of complex societies. Therefore, the correct option is that the Neolithic Revolution was characterized by an explosion of new technologies geared toward farming

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Which preamble objective is addressed by each of the big five budget categories? (A budget category may fit more than one preamble goal.)
1) Medicare/Medicaid
2) social security
3) defense
4) safety net programs
5) interest on debt

Answers

2) social security is the correct answer

Problem 15-33 (Algorithmic) Kolkmeyer Manufacturing Company is considering adding two machines to its manufacturing operation. This addition will bring the number of machines to ten. The president of Kolkmeyer asked for a study of the need to add a second employee to the repalr operation. The arrival rate is 0.07 machines per hour for each machine, and the service rate for each individual assigned to the repair operation is 0.6 machines per hour. a. Compute the operating characteristics if the company retains the single-employee repair operation. If required, round your answers to four decimal places. P 0 = t 2 = L= W G = hours W= haurs

Answers

the operational parameters for Kolkmeyer Manufacturing Company's single-employee repair operation: P0: The likelihood that there are no machines waiting to be repaired. t2: The typical length of time a machine waits to be repaired. L: The typical number of machines waiting to be repaired.

WG: The average amount of time (including both queue and service time) that a machine spends in the system.W: The amount of time on average that a machine waits in queue before being serviced. Using the M/M/1 queuing system formulas: P0 is equal to 1 minus (/), where / is the service rate and / is the arrival rate. t2 = P0 / (μ * (1 - P0)) L = λ * t2 WG = t2 + (1/μ) W = λ * WG Given: Arrival Each machine is clocked at a rate of () = 0.07 machines per hour. 0.6 machines per hour is the service rate. The arrival rate changes to 0.07 * 10 = 0.7 machines per hour due to the presence of ten machines. When these values are entered into the formulas: P0 = 1 - (0.7 / 0.6) ≈ 0.1667 t2 = 0.1667 / (0.6 * (1 - 0.1667)) ≈ 0.2381 L = 0.7 * 0.2381 ≈ 0.1667 WG = 0.2381 + (1 / 0.6) ≈ 2.9056 W = 0.7 * 2.9056 ≈ 2.0339 As a result, the single-employee repair operation's operational characteristics are as follows: P0 = 0.1667; t2 = 0.2381 0.1667 machines for L 2.9056 WG hours

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Which types of investments are securities? Debt or equity?

Answers

Answer:

Securities are commonly thought of as tradable financial assets Equity securities common stocks Fixed income investments, including debt securities like bonds notes and money market instruments. Some fixed income investments such as certificates of deposit CDs may not be securities at all

Explanation:

How can employees demonstrate dependability to their employers?

Answers

Answer: Employees can demonstrate dependability to their employers by being consistent with their work.

Answer:

Dependable employees respect deadlines, and make every effort to meet them. Meeting deadlines is accomplished through proper planning and using work hours effectively.

Explanation:

an example of business fixed investment spending is

Answers

Answer:

Explanation:

An example of business fixed investment spending is $200 million of unsold cars at a car dealership. a purchase of a bond by General Electric Corporation.

True or false: the use of gaap and management's accounting discretion can distort the reported financial information of a company and an analyst's view of the company.

Answers

The reported financial information of a company and an analyst's perception of the company may be distorted by the usage of gaap and management's accounting judgement. The given statement is True.

What is GAAP ?

The FASB's set of accounting regulations known as GAAP are what U.S. businesses must adhere to when creating their financial statements.The goal of GAAP is to make financial information more understandable, consistent, and comparable to other financial information.Pro forma accounting, a non-GAAP financial reporting technique, can be contrasted with GAAP.The main objective of GAAP is to guarantee the accuracy, consistency, and comparability of financial accounts for businesses.The majority of other jurisdictions utilise IFRS standards, while GAAP is mostly used in the United States.GAAP is made up of authoritative standards (established by policy bodies) and generally recognised practises for capturing and disclosing accounting data.

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What do we call the process of asking a small group of representative users to evaluate the effectiveness, efficiency, and appeal of
your instructional visuals?
My
A Answer 1: Product Testing
B Answer 2: Usability Testing
Answer 3: Material Testing
Answer 4: Market Testing

Answers

Answer: The answer is Answer 2: Usability Testing because it involves a small group of people testing out the instructional visuals for the product.

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Explanation:

What are the two axes on which marketing channels can be viewed?
A) Promotion and advertising
B) Passive and interactive
C) Limited and expanded
D) Offline and online

Answers

The two axes on which marketing channels can be viewed are offline and online (option D).

The distinction between offline and online marketing channels is based on the medium or platform used to reach and engage with the target audience. Offline marketing channels refer to traditional, non-digital methods of communication and promotion, such as print advertisements, television commercials, radio spots, billboards, direct mail, and in-person events. These channels typically do not involve internet connectivity or online platforms.

On the other hand, online marketing channels encompass the use of digital platforms and technologies to reach and interact with the target audience. This includes websites, search engine marketing, social media marketing, email marketing, mobile advertising, content marketing, and various other online advertising and communication channels.

Understanding the distinction between offline and online marketing channels is crucial for developing effective marketing strategies and allocating resources appropriately based on the target audience and the goals of the marketing campaign.

Therefore, the two axes on which marketing channels can be viewed are offline and online.

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The price of cigars is $10, with a quantity demanded of 1,000 per day. If the price increases to $12, the quantity demanded declines to 800 per day. What is the absolute value of elasticity of demand?

Answers

Answer:

PED = - 1

Explanation:

The PED or price elasticity of demand measures the sensitivity of quantity demanded to changes in price level. It is calculated by taking the percentage change in quantity demanded, which results from a change in price level, and dividing it by the percentage change in price level.

PED = percentage change in Quantity demanded / Percentage change in price

PED = [(800 - 1000) / 1000]  /  [(12 - 10) / 10]

PED = - 1

Skills Assessment #2 (Excel Exercise) Situation: As Fleet Manager you are requested to provide an analysis of gas expenditures for the FY  Total expenditure for gas for the FY was $37,465:  Over the FY the highest 3 months were: • January $2562-Feb $3589 and • May $2719 Assignment: 
Create an excel spreadsheet that covers the FY – 10-1 thru 9-30 o Including the information for Jan – Feb, and May -
What was the average monthly gas expenditure for the FY? o Based on your analysis:
 Provide 3 reasons that could have possibly contributed to the high gas cost for February
 If you did not have the gas costs for Jan-Feb-and May – only the total for the FY what would the avg monthly cost be?
 Based on the analysis above – What do you estimate for a gas budget for the next FY?
 How did you come up with this estimate?

Answers

As Fleet Manager, you are required to give an analysis of the gas expenses for the FY, where the total cost of gas for the FY was $37,465. Over the FY, the highest three months were: January $2562-Feb $3589 and May $2719.

we have to first create a spreadsheet that covers the FY – 10-1 thru 9-30 including the information for Jan – Feb, and May. The spreadsheet would look like:{{6c13e49a19732d7f3995d4cc4a4b9bc3}}What was the average monthly gas expenditure for the FY?The average monthly gas expenditure can be determined by using the AVERAGE function, which is =AVERAGE(C3:C14). Based on the analysis, the average monthly gas expenditure for the FY was $3105.77.Based on your analysis, provide 3 reasons that could have possibly contributed to the high gas cost for February.The following are three reasons that could have contributed to the high gas cost for February: Increase in Gas Prices (Higher Demand) Increase in the Number of Vehicles Making Trips Increase in the Distance Covered by the VehiclesIf you did not have the gas costs for Jan-Feb-and May – only the total for the FY what would the avg monthly cost be?If we did not have the gas costs for Jan-Feb-and May – only the total for the FY, we could find the average monthly cost by dividing the total cost by 12.

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Which options does the Ink Equation dialog box provide? Check all that apply.

Clear
Copy
Correct
Erase
Preview
Write

Answers

Answer: the answer to this question is Clear, Correct,Erase,Preview,Write

Explanation:

which is the correct way to write 72,031 in expanded form? 70,000 2,000 300 1 70,000 2,000 30 1 700,000 20,000 30 1 7,000 200 30 1

Answers

The correct way to write 72,031 in expanded form is 70 thousand, 2 thousand, 3 hundred and 1.

The natural number 1000, sometimes known as 1000, comes after 999 and comes before 1001. The thousands digit can be separated from the rest of the number by a comma or, less frequently, a period in the majority of English-speaking nations: 1,000.

A chiliad is a term that originates from Ancient Greek and refers to a collection of a thousand items. A thousand-year period is often referred to as a chiliad or, more frequently from Latin, as a millennium. In mediaeval circumstances when it is important to distinguish between the Germanic idea of 1200 as a long thousand, the number 1000 is sometimes occasionally referred to as a short thousand.

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Select the correct answer.
George, the market analyst of his company, will be calculating the company's sales forecast for the next month (May). He has decided to use the moving averages method of sales forecasting to complete his task. The sales for the last four months are $30,000 (April). $35,000 (March), $25,000 (February), and $30,000 (January). If George uses the formula to calculate moving averages, what sales forecast figure will he arrive at?

a.25000
b.30000
c.20000
d.35000​

Answers

Answer:

b.30000

Explanation:

The moving average follows the trend of data to forecast the next value.

the formula applicable in moving average is  = (n1 + n2 + n3 + ...) / n

For George, the moving average will be

=$30,000 + $35,000 +$25,000 + $30,000/4

=$120,000/4

=$30,000

risco is representing an elderly man who’s selling his severna park home. when touring the home, brisco notices it needs a new roof and the heating and cooling systems should be replaced as well. his seller client insists on not disclosing this information, since he needs to sell fast and alerting buyers about the issues will delay the sale. what’s brisco’s responsibility regarding disclosure of the property’s material facts?

Answers

As an agent representing the seller, Brisco has a responsibility to disclose any material facts about the property. Material facts are important details that could affect a buyer's decision to purchase the property. In this case, the need for a new roof and replacement of the heating and cooling systems are material facts that should be disclosed.

1. Brisco should inform the seller about the legal obligation to disclose material facts to potential buyers.
2. Brisco should explain the potential consequences of not disclosing these issues, such as potential legal disputes or the buyer backing out of the sale.
3. Brisco can suggest alternative options to address the seller's need to sell quickly, such as adjusting the listing price to reflect the cost of repairs or offering a home warranty.

Brisco's responsibility is to act in the best interest of the seller while also upholding ethical standards and legal obligations. Disclosing material facts is crucial to maintain transparency and ensure a fair transaction. By informing the seller about the importance of disclosure and exploring alternative solutions, Brisco can help navigate the situation while still fulfilling their responsibilities as an agent.

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Read the case and answer all the questions that follow.
Roberto wrote the following email to Jessica Li, a customer who had requested a refund.
(1) SUBJECT: Ticket for claim #82492 is resolved; Damaged product is not the responsibility of the vendor
(2) Dear valued customer,
(3) Upon receiving your complaint and description of a damaged product, an investigation was conducted to identify the source of the problem. All products from that particular batch underwent stringent quality controls. Any damage that had occurred must have occurred during transportation by a third-party vendor or by the customer after opening the package. We regrettably cannot accept any responsibility for any damages.
(4) Please now that we value you as a customer. As a token of appreciation for your loyalty, we have included a 10 percent off coupon on your next purchase of more than $100.
(5) Feel free to reach out with any questions.
Roberto Jimenez
Customer Service Representative
Analyze the email above and identify the primary problem with paragraphs (1), (2), (3), (4) and (5) of the email. Revise and rewrite the email to make it more effective.

Answers

The primary problem in the email from Roberto Jimenez, a customer service representative, to Jessica Li, a customer who had requested a refund is its tone.

The tone of the email comes across as defensive and unempathetic to the issue the customer raised. This could affect customer loyalty and discourage her from purchasing from the company in the future. Besides, the email is not well-organized and doesn't follow a logical sequence.

To make the email more effective, it needs a proper format and tone. The email can be revised as follows: Subject: We are sorry for the inconvenience and are committed to providing excellent service. Dear Valued Customer, We are sorry to hear about the issue you had with the product you received from us.

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Which occupations are expected to earn between $55,000 and $74,999? Select three options.

Postsecondary Teachers
Carpenters
Dental Hygienists
Firefighters
Childcare Workers
Librarians

Answers

Answer:

postsecondary teachers , dental hygienist , librarians

Explanation:

ed class test

In a recent year, U.S. advertisers spent $60 billion on television advertising. This number made up 40 percent of total advertising. What was the dollar amount spent by U.S. advertisers on all other forms of advertising?

How many billions?

Answers

Answer: $90

Explanation:

Let x = Total advertising cost (in billions).

Given: U.S. advertisers spent on television advertising = $60 billion = 40 percent of total advertising.

i.e. 0.40x= 60

\(\Rightarrow\ x=\dfrac{60}{0.40}\\\\\Rightarrow\ x= 150\)

i.e. Total advertising cost = $150 billions

The amount spent by U.S. advertisers on all other forms of advertising = (Total advertising cost) - (Amount spent on spent on television advertising)

= $(150-60)

= $90

Hence, the amount spent by U.S. advertisers on all other forms of advertising = $90

Answer:

90$

Explanation:

Tempo Company's fixed budget (based on sales of 18,000 units) for the first quarter reveals the following.

Sales (18,000 units * $211 per unit) $3,790,000

Cost of goods sold: Direct materials $432,000 Direct labor 356,000 Production supplies 468,000 Plant manager salary 232,000 1,888,000

Gross profit 1,910,000

Selling expenses: Sales commissions 144,000 Packaging 270,000 Advertising 100,000 514,000

Administrative expenses: Administrative salaries 282,000 Depreciation-Office equipment. 252,000 Insurance 222,000 Office rent 232,000 988,000

Income from operations $408,000

Required:

1. Compute the total variable cost per unit.

2. Compute the total fixed costs.

3. Compute the income from operations for a sales volume of 16,000 units.

4. Compute the income from operations for a sales volume of 20,000 units

Answers

1. The total variable cost per unit for Tempo Company is $64.

2. The total fixed costs for Tempo Company are $1,220,000.

3. The income from operations for a sales volume of 16,000 units is $1,132,000.

4. The income from operations for a sales volume of 20,000 units is $1,720,000.

1. To compute the total variable cost per unit, we need to subtract the fixed costs from the cost of goods sold and divide by the number of units produced. Thus:

Total Variable Cost per Unit = (Cost of Goods Sold - Fixed Costs) / Units Produced

= ($1,888,000 - $232,000 - $468,000 - $356,000 - $432,000) / 18,000

= $1,152,000 / 18,000

= $64

2. To compute the total fixed costs, we need to add up all of the fixed costs incurred by the company during the first quarter. Thus:

Total Fixed Costs = Plant Manager Salary + Administrative Salaries + Depreciation + Insurance + Office Rent

= $232,000 + $282,000 + $252,000 + $222,000 + $232,000

= $1,220,000

3. To compute the income from operations for a sales volume of 16,000 units, we need to calculate the contribution margin per unit and multiply it by the number of units sold, then subtract the total fixed costs. Thus:

Contribution Margin per Unit = Sales Price per Unit - Total Variable Cost per Unit

= $211 - $64

= $147

Income from Operations for 16,000 Units = (16,000 x $147) - $1,220,000

= $2,352,000 - $1,220,000

= $1,132,000

4. To compute the income from operations for a sales volume of 20,000 units, we will use the same formula as above, substituting 20,000 for 16,000. Thus:

Income from Operations for 20,000 Units = (20,000 x $147) - $1,220,000

= $2,940,000 - $1,220,000

= $1,720,000

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the key factor that makes technology leadership attractive for some companies is the potential for

Answers

The key factor that makes technology leadership attractive for some companies is the potential for innovation and market dominance.

Innovation: Technology leadership allows companies to stay at the forefront of innovation. By investing in and adopting new technologies, companies can develop cutting-edge products and services, improve operational efficiency, and create a competitive advantage in the market. Being a technology leader enables companies to drive industry trends and shape the future of their respective sectors.

Market Dominance: Technology leaders often enjoy a dominant position in the market. By offering innovative solutions that address customer needs, companies can capture a significant market share and establish themselves as industry leaders. This dominance can lead to increased revenue, profitability, and sustainability in the long term.

Competitive Edge: Technology leadership provides companies with a competitive edge over their rivals. By leveraging advanced technologies, companies can differentiate themselves from competitors, attract customers with unique offerings, and create barriers to entry for new players. This advantage allows companies to maintain their market position and fend off competition.

Customer Attraction and Retention: Being a technology leader can attract customers who are seeking the latest and most advanced solutions. Customers are often drawn to companies that are known for their technological expertise and innovation. Additionally, technology leaders can build strong relationships with their customers by continuously providing new and improved products, services, and experiences.

Therefore, the potential for innovation, market dominance, competitive edge, and customer attraction and retention are key factors that make technology leadership attractive for companies. It allows them to stay ahead of the curve, gain a competitive advantage, and establish themselves as leaders in their respective industries.

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According to Alexander Hamilton, what actions are necessary to ensure the country's economic stability?Answer choicesa. Part of the trade embargo against Great Britain.b. Elimination of consumption tax.c. Creation of a trade alliance with France.d. National bank establishment.

Answers

The answer is option b. Elimination of consumption tax, According to Alexander Hamilton, actions that are necessary to ensure the country's economic stability are elimination of consumption tax.

A simple tax definition is what?

A tax is a forced payment or levy that is gathered by local, state, and federal governments from citizens or companies to pay for essential public goods, services, and activities.

What does tax primarily serve?

Taxation's primary purpose is to provide money for public spending. Over time, different defenses and explanations for taxes have been put forth. Early taxes supported the aristocracy and were used to assemble armies and construct fortifications.

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implementation of an enterprise resource planning (erp) system provides an organization with an opportunity to also upgrade the information technology that it uses. (True or False)

Answers

True :  Implementation of an enterprise resource planning (erp) system provides an organization with an opportunity to also upgrade the information technology that it uses.

What can an organization accomplish with enterprise resource planning (ERP)?

The term "enterprise resource planning" (ERP) refers to a class of software that businesses use to oversee routine operations including accounting, purchasing, project management, risk management, and compliance.

The ERP system gathers, organizes, and saves information that management and outside parties need to evaluate the business. A centralized database is used by ERP systems to coordinate activities and exchange information amongst company processes.

Another frequent element of ERP systems is a tool for customer relationship management (CRM). This module keeps track of sales leads and customer data to deliver valuable information that your sales and marketing teams may utilize to boost revenue development.

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