you are considering whether to enter a holiday lights display contest that pays $1,000 to the winner. state whether each of the following constitutes private costs, private benefits, external costs, or external benefits.
Answers
Increased traffic congestion and difficulty parking is external cost. Increased electric bill is private cost. Winning the holiday contest is a private benefit.
Private costs are the expenses that the producer bears alone. In this case, the only party who would see an increase in their electricity cost is the contestant. Contrarily, a private benefit is a benefit that only the buyer or seller in a transaction receives, thus only those who take part in the competition will be eligible to win.
The profit resulting from a transaction for parties other than the buyer and seller is an external benefit. In the given case, as an example, everyone is welcome to appreciate the splendour of the lights. The cost of a transaction that is borne by parties other than the buyer and seller is referred to as the external cost. Thus, Increased traffic congestion and difficulty parking on your street are external costs.
Complete Question
You are considering whether to enter a holiday lights display contest that pays $1,000 to the winner. State whether each ofthe following constitutes private costs, private benefits, external costs, or external benefits- Check all that apply.
a. Increased traffic congestion and difficulty parking on your street.
b. Increased electric bill from the holiday lights.
c Winning the holiday fights display contest
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Related Questions
i mass marketing is better than niche marketing true or false
Answers
Answer:
It is true
Explanation:
Do the benefits of tax withholding outweigh the costs?Why or why not?
Answers
Answer:
:)
Explanation:
Yes, the benefits of tax withholding outweigh the costs.
Reason: tax withholding helps to make sure that everyone pays their fair share of taxes and that the government has the funds that it needs to provide services and maintain infrastructure.
On the other hand, it also means that the people have less money to spend on things like food and shelter.
So it is a compromise that we as the society have to agree upon. But it is a compromise that is worth it for the overall benefits that it brings.
Buying and selling products online is called ____________. A. Information systems B. Browsing the web C. E-commerce D. E-mailing
Answers
Answer:
The answer is C. E-commerce
Explanation:
E-commerce refers to the process of buying or selling products or services over the Internet. So i believe this is the answer to the question.
Buying and selling products online is called E-commerce. Hence, option C is appropriate.
What is the meaning of E-Commerce?Online purchasing and selling of products and services is known as e-commerce. Affiliate marketing strategies are also a possible part of the definition of an e-commerce firm. To increase online sales, you can leverage e-commerce platforms like your own website, a well-known retailer like Amazon, or social media.
E-commerce is the electronic purchase or sale of goods through online stores or the Internet. E-commerce, often known as electronic commerce, is the exchange of goods and services as well as the sending of money and data through an electronic network, most commonly the Internet. These business dealings can be either B2B (business-to-business), B2C (business-to-consumer), C2C (consumer-to-consumer), or C2B.
Online purchasing and selling of products and services is known as e-commerce. Tactics are another component of the concept of an e-commerce business.
Hence, option C is correct.
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Which of the following statements about check cashing companies is FALSE?
1. They charge low fees.
2. They offer bad deals where you'll owe a lot more than you borrowed.
3. They can take a percentage of your check on top of fees.
4. They make it easy to fall into a loan cycle that is hard to get out of.
Answers
Who of the following would not be involved in the expenditure cycle? receiving clerk requisition manager cashier accounts payable clerk
Answers
The requisition manager would not be directly involved in the expenditure cycle. The correct option is B) requisition manager.
The expenditure cycle is a process that involves various activities such as identifying the need for goods or services, creating purchase orders, receiving and inspecting goods or services, making payments, and reconciling accounts.
The requisition manager is responsible for receiving and reviewing requests for goods or services from various departments within the organization. They then create purchase orders and send them to the appropriate vendor for fulfillment. However, once the purchase order has been created and sent, the requisition manager's direct involvement in the expenditure cycle ends.
On the other hand, the receiving clerk is responsible for inspecting and verifying the goods or services received from the vendor, while the cashier is responsible for making payments to the vendor. The accounts payable clerk is responsible for reconciling accounts and ensuring that payments are made on time.
In conclusion, the expenditure cycle involves multiple roles and departments within an organization, each playing a critical role in ensuring that goods or services are acquired efficiently and effectively. The requisition manager's role is important in initiating the expenditure cycle, but their direct involvement ends once the purchase order has been created and sent to the vendor.
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Complete Question
Who of the following would not be involved in the expenditure cycle? A) receiving clerk B) requisition manager C) cashier D) accounts payable clerk
Blank addresses change depending on the cells you
Blank addresses do not change if you copy them to a different cell.
copy them to.
A1) absolute
A2) mixed
A3) relative
B1) absolute
B2) mixed
B3) relative
Answers
Answer:
absolute addresses change depending on the cells you copy them to.
relative addresses do not change if you copy them to a different cell.
Explanation:
A cell reference is a single cell or range of cells on a Excel worksheet. When calculations are done, these cells can be referred to. The cells are referred to using their row value and column value.
Relative references (or addresses) changes based on the position of rows and columns when a formula is copied to a different cell.
Absolute references (or addresses) do not change (remain constant) even if the formula is copied to a different cell.
the sources of product differentiation do not include: group of answer choices the perception by consumers that products are different, even if they are physically identical. consumers' value in uniformity. differences in location. differences in quality.
Answers
The sources of product differentiation do not include consumers' value in uniformity.
What are examples of uniformity?
Uniformity is defined as the state or characteristic of being even, normal, equal or similar. An example of uniformity is a dance troupe dressing exactly alike. An example of uniformity is two entrées made from the same recipe looking and tasting the same.
Is uniformity good or bad?
If things don't change, you can say there is uniformity. Uniformity can be a good or a bad thing. A uniformity in TV shows would be boring. On the other hand, you would like to see uniformity among the standards of medical schools, so you know all doctors are qualified.
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How do I find the cash flow coverage ratio?
Answers
Explanation:
There are a few different ways to calculate the cash flow coverage ratio formula, depending on which cash flow amounts are to be included. A general measure of the company’s ability to pay its debts uses operating cash flows and can be calculated as follows:
Cash flow coverage ratio = $80,000,000 / $38,000,000 = 2.105Cash flow coverage ratio = ($64,000,000 + $4,000,000 + $8,000,000) / $38,000,000 = 2the next dividend payment by im, inc., will be $1.87 per share. the dividends are anticipated to maintain a growth rate of 4.3 percent forever. if the stock currently sells for $37 per share, what is the required return?
Answers
The Required return is 9.35%.
Required return =(D1/Current price)+Growth rate
=(1.87/37)+0.043
=0.0505405405+0.043
which is equal to
=9.35%(Approx)
The required rate of return is the minimum ideal return on funding sought by way of individuals or organizations thinking about an investment opportunity.
The required rate of return (RRR) is the minimum quantity of profit (return) an investor will seek or obtain for assuming the chance of making an investment in a stock or another kind of security.
RRR is also used to calculate how profitable a project might be relative to the value of investment that undertaking.
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Benjamin obtained a loan of $22,500 at 5.5% compounded monthly.
How long (rounded up to the next payment period) would it take to
settle the loan with payments of $2,810 at the end of every
month?
Answers
It would take Benjamin 11 months to pay back the loan if he makes monthly payments of $2,810 at the end of every month.
Benjamin obtained a loan of $22,500 at 5.5% compounded monthly. He wishes to know how long it would take to pay back the loan if he makes monthly payments of $2,810. The payments are made at the end of each month. We are expected to determine the period it would take to settle the loan if the monthly payments are $2,810.
Because Benjamin is making monthly payments, the interest rate would also be calculated monthly.
Thus, we have
r = 5.5%/12 = 0.00458.
Also, the present value (PV) is $22,500, and the monthly payment (PMT) is $2,810.
We would need to determine the number of months it would take to pay back the loan. To achieve this, we would make use of the formula for the period (n) in the formula for the present value of an annuity.
The formula is given as:
n = -log(1- PV * r / PMT) / log(1+r)
=> n= -log(1- PV * r / PMT) / log(1+r)
=> n = -log(1- 22500 * 0.00458 / 2810) / log(1+0.00458)
=> n = 10.21 months,
rounded up to the next payment period ≈ 11 months.
Therefore, it would take Benjamin 11 months to pay back the loan if he makes monthly payments of $2,810 at the end of every month.
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Do you have to go to college? or can you go straight to the university?
Answers
Explanation:
continue go to college
In 2017, being "born global" is a must for fledgling businesses. Doing so is easier than you think, says Suranga Herath, CEO of English Tea Shop. onventional wisdom says that a business should get its domestic ducks in a row, before venturing overseas. But in the digital age, a new generation of businesses is making a strong case for nearly all new businesses to be "born global", that is, have an immediate focus on the international stage. The arguments for exporting are well known: it can increase the prestige of your brand and can allow you to tap into unexploited economies[1]. My argument is therefore: with all the benefits that going global offers...why wait...Why not be born global? Being born global is easier than you think Being born global may seem radical, but can be much, much simpler than many think. For me, being born global isn't necessarily about having offices and employees overseas, or prioritising the international side of things although it can be. In its purest sense, being born global is a mindset where businesses seek international opportunities from the very beginning. Cutting to the chase - how being born global accelerates growth The benefits of being born global can be profound - take my business English Tea Shop as an example. Launching in 2010, we set out creating a brand we knew would resonate with global audiences. Indeed, the UK didn't become a focus for us until 2012. While domestic sales now account for around a third of our UK business, an immediate international outlook allowed us to grow very rapidly. We're now in 50 markets around the world. In short, there's no way we would have achieved this kind of scale if we'd had a domestic-first approach. Should your business be born global? I believe almost any business could in some way be born global. But there are a number of factors to consider when asking whether it's right for your business. Language and cultural barriers, logistics, market knowledge, manpower are all very valid reasons why businesses refrain from going global. But to my mind, if managed practically, the potential challenges are completely outweighed by the potential gains. This is particularly true when you consider the direction the world is moving in - that is, by and large, closer together. In particular, developing markets are where businesses can find the fastest growth and if you're not international, you're not in the game. With that in mind, and from my own experience here are five insights to help a fledgling business be born global: However big or small, include an international element in your business plan. This will focus your mind on the opportunities that lie overseas. It may be the core of your strategy, or just something you'd like to explore in the future, but make sure it's there. Start - but don't stick - with what you know. Maybe you've spotted a niche in a certain market, maybe you speak a language, maybe you have relatives living overseas. In some cases it may be appropriate to start your international journey there. However, keep an open mind - there's a whole world of opportunity out there. Find the right balance. The optimum split between domestic and international differs from business to business. English Tea Shop started off being 100% international but we've now dialled it back to being about 70/30. We're entering new markets all the time and we think it's vital to maintain a sense of agility. Use external resources. Logistics providers, UKTI, small business media - there's a whole wealth of information out there to support and guide you from the very beginning. If there are any areas of expertise or practical knowledge you feel you're lacking, you can be sure help is there for those who ask for it. Be ready for the rush. If all goes to plan, your business will grow rapidly - and for this reason you should make sure you have a solid infrastructure in place if things suddenly explode.
Answers
Being "born global" is a mindset where businesses seek international opportunities from the very beginning. It is much, 3SPJmuch simpler than many think and can accelerate growth. It is a must for fledgling businesses in 2017.
The advantages of being born global can be profound. Being born global is a mindset where businesses seek international opportunities from the very beginning. In its purest sense, being born global is a mindset where businesses seek international opportunities from the very beginning. The benefits of being born global can be profound.
In particular, developing markets are where businesses can find the fastest growth. Language and cultural barriers, logistics, market knowledge, manpower are all very valid reasons why businesses refrain from going global.However, if managed practically, the potential challenges are completely outweighed by the potential gains. It is much, much simpler than many think and can accelerate growth. If you're not international, you're not in the game.
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Using its aging of accounts receivable, Age Old, Inc. estimates that $90,000 of its $4,000,000 of accounts receivable will be uncollectible. Prior to making its adjusting entry, the unadjusted Allowance for Doubtful Accounts has a credit balance of $1,000. After the adjustment, Bad Debt Expense on the income statement will be ______ the Allowance for Doubtful Accounts on the balance sheet.
Answers
The total of the Bad Debt Expense is $90,000
In finances, a Bad Debt Expense refers to money a company could not collect and therefore became an expense as it negatively affects the company's financial situation. The most common causes of a bad debt expense are:
The customers could not pay due to economic hardships.The customers refused to pay.Moreover, the bad debt expense is calculated by determining how much money is uncollectable. Based on this, the total of bad debt expense in this company is $ 90,000 because this is the money considered as uncollectable.
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Midyear on july 31st, the chester corporation's balance sheet reported: total assets of $124.287 million total common stock of $3.810 million cash of $6.030 million retained earnings of $26.732 million. what were the chester corporation's total liabilitie
Answers
The total liabilities of the Chester corporations as on July 31st will be $99,775.
What are total liabilities?
The amount of payments which are yet to be made, but are accrued by the receiver. The total liabilities are the calculation of total assets less equities and capitals of such firm.
Using the given information in the formula below, we get,
\(\rm Total\ Liabilities\ = Total\ Assets\ -\ Total\ Equities\\\\\rm Total\ Liabilities\ = 130317\ -\ 30542\\\\\rm Total\ Liabilities\ =\$99,775\)
Thus, the total liabilities of Chester Corporation is computed as $99,775.
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Which is an example of a marketing function for a business? 1.Preparing income statements for the business 2. Obtaining new products to replace sold stock 3.Interviewing potential sales employees 4. Creating a banner ad for the company website
Answers
Answer:
4. Creating a banner ad for the company website
Answer:
4
Explanation:
on a test and got correct answer
In analyzing big data, there is a shift from focusing largely on aggregates or averages to also focusing on outliers because outliers oftentimes reveal (predict) critical innovation, trends,disruptions, and revolutions on the horizon.
Answers
In big data analysis, there is a shift from focusing primarily on aggregates or averages to also focusing on outliers, because outliers frequently reveal critical innovations, trends, disruptions, and revolutions on the horizon
What is a outlier?An outlier in statistics is a data point that deviates significantly from other observations. An outlier may be the result of measurement variability, an indication of novel data, or experimental error.
In other words, knowing more about "who isn't our customer and why" may be just as important as knowing about our customer. Perceptual mapping and multidimensional scaling are increasingly being used to investigate outlier patterns.
Therefore, the focus of analysis is shifting more to the size and variance explained. Stepwise regression and cluster analysis are becoming more widely used to supplement traditional p-value analyses.
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Which component of table setting includes knives?
O A.
lunchware
OB.
flatware
O C.
steelware
OD.
dinnerware
O E.
drinkware
Answers
Answer:
Steelware I think
Explanation:
Which of the following is a personal benefit of eaming a college degree?
A. You have more friends.
B. You are more likely to exercise.
C. You have a longer life expectancy.
D. You are more likely to vote for the right candidate.
Answers
Answer:
Option B !!!!! :))
Explanation:
The survey has bias. (a) determine the type of bias. (b) suggest a remedy. upper a pro dash military advocate wants to estimate the percentage of people who favor increasing funding for the military. she conducts a nationwide survey of 1450 randomly selected adults 18 years and older. the interviewer asks the respondents, "do you favor being patriotic by supporting our armed forces question mark " (a) which of these best describes the bias in the survey? sampling bias response bias your answer is correct. nonresponse bias undercoverage bias (b) how can the bias be remedied?
a. the interviewer should survey people under 18 as well.
b. the interviewer should survey a greater number of adults 18 and older.
c. the interviewer should survey people by phone and in person.
d. the interviewer should reword the question.
Answers
Answer:
B). Response bias
D). The interviewer should reword the question.
Explanation:
Response bias is described as the type of bias in which a variety of tendencies are displayed by the respondents to answer the questions asked in the survey inaccurately or misleadingly. These false responses eventually lead to a false or deceiving conclusion. In the given survey, 'response bias' is displayed as the respondents may display a tendency to answer the question falsely as the feeling of 'patriotism' evoked by the word 'patriotic' may prevent their original opinions to come out. Thus, option B is the correct answer to describe the bias in this survey.
In order to prevent this bias, the interviewer must 'reword the question' and remove the word 'patriotic' as it develops the feeling of patriotism in the respondents which mars them from answering accurately and share their true opinions or thoughts in the regards of 'supporting armed forces.' This rewording will help evoke the true and authentic responses without any bias. Thus, option D is the correct answer to remedy the bias.
A bookstore costs $90 a day to keep open, and spends $12 for each book it sells. The store charges $18 for each book it sells. If n represents the number of books sold, which equation represents the cost function for this bookstore?
O A. C = 90n + 15
O B. C = 12n + 90
O C. C = 18n + 90
O D. C = 90n + 12
Answers
Answer:
The correct answer is B just got it right on ape
Explanation:
if the sales price of a product increases while everything else remains the same, what happens to the breakeven point?
Answers
If the sales price of a product increases while everything else remains the same, the breakeven point decreases.
Here's a step-by-step explanation:
1. The sales price of a product increases, meaning you receive more money for each unit sold.
2. Total revenue will increase as a result, since total revenue is calculated by multiplying the sales price by the number of units sold.
3. Total cost remains the same, as all other factors have not changed.
4. The breakeven point is the point where total revenue equals total cost, and since total revenue has increased while total cost remains the same, you will reach this point by selling fewer units.
5. As a result, the breakeven point decreases.
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What is a tangible symbol that communicates the features, benefits, and advantages of a particular product to consumers?
Answers
Answer:hudsa
Explanation:uhsha
Why would an insurance company charge an inexpensive copay when considering claims that will likely be hundreds or thousands of dollars?
Answers
The percentage of the US labor force that is unemployed is known as the __________.
A.
consumer price index
B.
gross domestic product
C.
national unemployment rate
D.
annual percentage change
Please select the best answer from the choices provided
A
B
C
D
Answers
Answer:
Explanation:
C
Answer:
C. national unemployment rate
Explanation:
i did the quiz, hope this helps<3!!
In the context of personal information being seen as an economic good, what term relates to the fact that individuals do not know who, how often, or how long their information will be used?.
Answers
In the context of personal information being seen as an economic good, the term that deals with the fact that individuals do not know who, how often, or how long their information will be used is "Information as an economic good".
Understanding Goods is an object that has a form that can be used by the community as a fulfillment of needs. In general, the properties of goods are products that have a form, goods can be resold, goods can be stored, quality aspects can be easily measured, and when used for utility and value of goods can be reduced.
In economic terms, these goods can be divided into two kinds. Namely free goods and economic goods. Economic goods are goods that can be purchased on the basis of the results of human sacrifices.
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kanha is a student at the university of tennessee who recently got his first f. now he has to make a decision about how to get his grades back up. having recently taken a class on decision making, kanha decides to follow the six-step process for deciding what to do. what problem is kanha most likely to face during the diagnosis and analysis of causes step in the decision-making process? jumping to solutions before understanding the problem not having the time to take all of the steps outlined in his plan neglecting to gather information on whether or not the plan was successful satisficing, or choosing the first solution that works, not the best solution
Answers
The problem that kanha is most likely to face in the decision-making process is: A. jumping to solutions before understanding the problem.
What is a Decision-making Process?A decision-making process is a systematic and logical approach to identifying and choosing the best course of action among several options.
It's probable that Kanha will encounter the issue of prematurely jumping to solutions instead of comprehending the problem while performing the diagnosis and cause analysis stage of the decision-making process. This is a typical challenge that individuals face when attempting to make a decision or resolve a problem.
Instead of taking the time to gather information and analyze the causes of the problem, they jump to solutions based on assumptions or incomplete information. This can lead to ineffective or inefficient solutions that do not address the underlying causes of the problem.
To avoid this problem, Kanha should take the time to gather information, analyze the causes of his poor grades, and consider multiple solutions before making a decision about how to improve his grades.
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On March 25, 2014, Patton Company sold merchandise on account,$10,000. The applicable sales tax percentage is 8.5%. Record the transaction.
Answers
Answer:
Kindly see attached picture
Explanation:
Sales tax percentage= 8.5%
Sales = 10,000
Sales tax payable = 0.085 × 10000 = 850
Accounts payable = 10000 + 850 = 10850
Kindly see attached picture for journal entry
Ginger declared bankruptcy and Jackie, her tiustee, stopped a transter to Thriftyco, a creditor, because she felt ir gave an untar adivartage to Thriftyco over other creditors. This type of transfer that can be stopped try the trustee is known as a Multiple Ghoice voidable trantfer. yold conveyance. debt demation. wivery corveyonce
Answers
Ginger's decision to declare bankruptcy has led to a situation where Jackie, her trustee, has prevented a transfer to Thrifty co, a creditor, on the grounds that it gave Thrifty co an undue advantage over other creditors. This type of transfer, which can be stopped by the trustee, is known as a voidable transfer.
There are several types of voidable transfers, including those that give the debtor an undue advantage over other creditors. The trustee has the authority to stop these transfers in order to ensure that all creditors are treated fairly. The trustee can also take legal action against the debtor in order to recover assets that were transferred in violation of bankruptcy laws. There are several reasons why a transfer may be deemed voidable.
One reason is if the transfer occurred within a certain time frame before the debtor filed for bankruptcy. This is known as the "look-back period." Another reason is if the transfer was made to an insider, such as a family member or business associate. This is because insiders are more likely to have knowledge of the debtor's financial situation and may be able to take advantage of it.
Overall, the purpose of voidable transfers is to prevent debtors from transferring assets in order to avoid paying creditors. By giving the trustee the power to stop these transfers, bankruptcy laws ensure that all creditors are treated fairly and that the debtor's assets are distributed in a manner that is fair and equitable.
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Websites like Poshmark, where people can buy or sell new or used clothing to other consumers, is an example of ________ marketing.
Answers
There are ways to market a product. Websites like Poshmark uses C2C marketing.
What does C2C means?This is known as Customer to customer. The Customer to customer (C2C) is known to be a type of business model or marketing type where a potential customers can trade with one another.
It is regarded as a form of online environment. C2C marketing is often used daily and also very popular with the use of the Internet and firms such as Poshmark
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llus Patrick is selling a new hair product. He hopes to sell 10 bottles a month if he spends a one-time $100 on advertising. He is selling each bottle for $12. The product costs him $5.00 to make per bottle. What would the planned profit be after one year of sales?
A. $600 B. $740 C. $1050
Answers
Answer:
B. $740
Explanation:
In the given scenario we will be analysing the cost of production versus the revenue earned by Patrick. The difference between the two will give our profit
Total number of bottles produced a year = 10 * 12 = 120 bottles
Cost of production = Advertising + manufacturing cost
Cost of production = 100 + (120 * 5) = $700
Revenue = 120 * 12 = $1,440
Profit = 1,440 - 700 = $740