1) The utility function of a consumer is U= 63x^5y^5. What is the actual value of marginal rate of substitution if the consumer is consuming 3 of X and 3 of Y?
Answers
After calculation, the actual value of the marginal rate of substitution is 1 when the consumer is consuming 3 units of X and 3 units of Y.
To calculate the marginal rate of substitution (MRS), we need to take the partial derivative of the utility function with respect to Y (dy) divided by the partial derivative of the utility function with respect to X (dx):
MRS = (dy/dx) = (∂U/∂y) / (∂U/∂x)
Given the utility function U = 63x^5y⁵, we can calculate the partial derivatives as follows:
∂U/∂y = 315x^5y⁴
∂U/∂x = 315x^4y⁵
Now, let's substitute the values x = 3 and y = 3 into the partial derivatives:
∂U/∂y = 315(3)^5(3)⁴ = 315(243)(81) = 6193155
∂U/∂x = 315(3)^4(3)⁵ = 315(81)(243) = 6193155
Finally, we can calculate the MRS:
MRS = (dy/dx) = (∂U/∂y) / (∂U/∂x) = 6193155 / 6193155 = 1
Therefore, the actual value of the marginal rate of substitution is 1 when the consumer is consuming 3 units of X and 3 units of Y.
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Related Questions
the balanced scorecard relies on four processes to bind short-term activities to long-term objectives. what are they?
Answers
The balanced scorecard relies on four processes to bind short-term activities to long-term objectives - Translating the vision, Communicating and linking, Business planning, Feedback and learning.
What is a balanced scorecard?A strategic management performance indicator known as the balanced scorecard (BSC) is used to identify and enhance various internal business activities and the results they have on the outside world. Balanced scorecards are a widespread tool used by businesses in the United States, the United Kingdom, Japan, and Europe to measure and provide feedback to organisations. In order to provide quantitative results, data collecting is essential because managers and executives must acquire and analyse the data. The decision-making of company personnel for the future of their organisations can be improved with the help of this knowledge.
The balanced scorecard was initially developed by business leader and theorist Dr. David Norton and accounting professor Dr. Robert Kaplan. It was initially published in 1992 in the Harvard Business Review article "The Balanced Scorecard—Measures That Drive Performance."
The 4 activities are:
1. Translating the vision
2. Communicating and linking
3. Business planning
4. Feedback and learning
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An insurer will typically assess a back end load on a deferred annuity that is cancelled during the early years what is the backend load referred to as?
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The backend load, also known as a surrender charge, is a fee imposed by an insurer when a deferred annuity is cancelled during the early years. It is a way for the insurer to recoup the costs associated with issuing the annuity and to discourage policyholders from cancelling their policies prematurely.
The backend load is typically assessed as a percentage of the annuity's account value and decreases over time. For example, it might start at 7% in the first year and decrease by 1% each subsequent year until it reaches zero. This means that if you cancel your annuity early, you will incur a fee based on the percentage specified for the year of cancellation.
The purpose of the backend load is to encourage policyholders to maintain their annuities for a longer period, allowing the insurer to generate sufficient investment returns to cover the initial costs and provide a profit. It also ensures that annuities are used as intended - as long-term retirement savings vehicles rather than short-term investments.
The backend load is a fee imposed by insurers to discourage early cancellation of deferred annuities, allowing the insurer to recover costs and maintain the long-term nature of the product.
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when new and/or improved goods become available, people change the types of goods and services they consume. this challenge to accuracy in cpi measurement is called multiple choice question. substitution. input-output inversion. institutionalization. innovation.
Answers
When new and/or improved goods become available, people's consumption patterns shift. This challenge to accuracy in cpi measurement is known as innovation.
A water footprint depicts the amount of water used in relation to human consumption. The water footprint of an individual, community, or business is defined as the total amount of fresh water needed to generate the goods and services consumed by the individual, community, or business. Water consumption is measured in terms of water volume consumed and/or contaminated per unit of time. A water footprint can be calculated for any well-defined group of consumers (e.g., an individual, family, village, city, province, state, or nation) or producers (e.g., a public organization, private enterprise, or economic sector), for a single process (such as rice cultivation), or for any product or service.
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In some countries a surgeon can earn 250000 or more each year. A nurse may earn just 40000 in comparison. Suggest three reasons for this differential in earnings.
Answers
Answer: See explanation
Explanation:
The reasons for the difference in wages include:
1. Education and training: A nurse uses about 4-5 years to train to become a nurse while a surgeon uses about 15 years both at medical school and for further training and examination before he or she qualifies as a surgeon. This is a reason for the higher earning of the surgeon.
2. Also, due to the low barriers to entry, there are numerous nurses than surgeons who are few. This affects earnings as well as there are more supply of nurses which brings about a lower income than surgeons who are scarce and highly priced.
3. The skills and experience matters as well and the risks involved in their jobs results in wage difference too.
Poner algunos ejemplos en los que las em¬presas sustituyan un factor productivo por otro en función de los cambios en los pre¬cios de los factores. ¿Se puede sustituir siempre un factor por otro?
Answers
Answer:
Un factor variable puede sustituirse por otro.
Un uso más generoso de un factor variable permitirá producir una cantidad constante de producción con menos unidades de algunos o todos los demás.
Esto indica que la mano de obra puede ser considerada literalmente tan buena como el oro y podría ser sustituida por ella. Si no fuera por la sustitución de factores, no habría lugar para más decisiones después de que se hubiera establecido y, el número de cadenas a producir.
Sí, se puede hacer una sustitución
Un ejemplo es cuando las empresas intensivas en energía sustituyen el uso decreciente de energía y capital por un aumento del precio de la energía del 1% con una mayor entrada de material y, en menor medida, mano de obra.
Además, algunas empresas han sustituido fácilmente la energía por otros factores de producción, lo que les ha permitido mitigar en mayor medida los efectos de la subida de los precios de la energía.
The Fed conducts a $10 million open-market purchase of government bonds. If the required reserve ratio is 10 percent what is the largest possible increase in the money supply that could result
Answers
The largest possible increase in the money supply that could result from a $10 million open market purchase of government bonds by the Fed, with a required reserve ratio of 10%, is $100 million. The smallest possible increase would be $10 million.
When the Federal Reserve (the Fed) conducts an open market purchase, it buys government bonds from banks and other financial institutions. This increases the reserves held by these institutions, allowing them to lend out more money, thus increasing the money supply. The required reserve ratio is the percentage of deposits that banks are required to hold as reserves and not lend out.
To determine the largest possible increase in the money supply, we need to consider the money multiplier effect. The money multiplier is the inverse of the required reserve ratio. In this case, the required reserve ratio is 10%, so the money multiplier is 1/0.10 = 10.
The formula to calculate the change in the money supply resulting from an open market purchase is given by:
Change in Money Supply = (Initial Open Market Purchase) * (Money Multiplier)
Using this formula, the largest possible increase in the money supply would be:
Change in Money Supply = $10 million * 10 = $100 million
Therefore, the largest possible increase in the money supply is $100 million.
On the other hand, the smallest possible increase in the money supply would occur if banks hold all the newly acquired reserves as excess reserves and do not lend out any additional money. In this case, the change in the money supply would be equal to the initial open market purchase:
Change in Money Supply = $10 million
Therefore, the smallest possible increase in the money supply is $10 million.
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which of the following would not be a successful strategy for a commercial farmer in a developed country? group of answer choices reducing farm size by selling land to pay debts on machinery investing in combines and other machinery renting more land from nearby farmers converting additional land to irrigated crops
Answers
The option that would not be a successful strategy for a commercial farmer in a developed country is reducing farm size by selling land to pay debts on machinery.
This is because reducing farm size would limit the amount of land available for farming, which could ultimately decrease the amount of crops produced and the farmer's overall profit. Additionally, selling land to pay debts on machinery is a short-term solution that could have negative long-term consequences for the farmer's business. On the other hand, investing in combines and other machinery, renting more land from nearby farmers, and converting additional land to irrigated crops are all strategies that could potentially increase the farmer's productivity and profit. These options would allow the farmer to increase the amount of land available for farming, improve efficiency, and potentially produce more crops, leading to greater profits in the long run.
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HELP PLEASE!!!
1. The Building & Construction encompasses both hands-on vocations and conceptual high-end careers.
True
False
2.
What is the minimum education needed to start a career as a Cabinet maker?
A college diploma in cabinet making
An Associates degree in cabinet making
A Ph.D. in woodworking is required
Only vocational training is needed to start a career as a Cabinetmaker
3. A majority of the careers that require more education also tend to pay a higher salary.
True
False
4. Many careers require some education beyond high school even for entry level positions. The career in Section 3 that is an exception to this is:
Welder
Cabinetmaker
Electrician
Set Decorator
5. The career that encourages obtaining an APTI or CAT certification is
HVAC Installation and Maintenance
Air Pollution Control Manager
Water Quality Specialist
Building Inspector
Answers
Answer:
#1 is False
#2 Cabinet makers are not required to have completed formal education related to the trade, but most employers prefer to hire individuals with a minimum of a high school diploma or General Educational Development (GED) credential.
#3 True
Explanation:
1 Which one of the following is not Which one of the key roles / purposes of marketing within
business?
A To identify potential customer groups
B To inform customers about the business's product or service
C To prepare cash flow forecasts
D To understand customers and their needs
Your answer
i
Answers
Calculate the GDP using the table and choose the correct answer.
A) $602
B) $584
C) 298
Answers
energy is an emerging industry promoting the use of water to provide energy.
Wind
Hydro
Water
Solar
Answers
Answer:
answer is solar energy cuz it is an emerging industry.
According to the video, what are the goals of window displays? check all that apply.
to catch the eye
to learn about the customers
to make merchandise look irresistible
o to make salespeople feel glamorous
Answers
Answer:
a and c
Explanation:
Answer:
its a and c
Explanation:
i got it right
______ Is a market in which a large number of suppliers compete with each other to satisfy the needs and wants of a large numbers of consumers at a competitive price.???
Answers
Answer : Monopolistic competition
Answer:
Monopolistic Competition
Explanation:
In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.
HELP HELP HELP!!! Why would an investor choose to invest in speculative stocks when he or she could invest in blue-chip stocks instead?
Answers
Answer:
They offer potentially high returns to compensate for the high risk associated with them!
if one strictly follows a momentum strategy by buying winners and sell losers, can one make money in a market when every stock is losing money such as during a crisis?
Answers
No, one cannot make money in a market where every stock is losing money by strictly following a momentum strategy.
Momentum strategy relies on buying stocks that have shown an upward trend and selling stocks that have shown a downward trend. During a market crisis, all stocks may be declining, making it difficult to identify winners and losers. Moreover, in such situations, the market sentiment and overall economic conditions are strong drivers of stock prices, and momentum strategies may not be effective in predicting stock price movements. In times of market crises, investors may opt for safe-haven assets or diversify their portfolios to mitigate losses.
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The financial manager for Appleton Brewing Company is working with the firm's marketing department to bring out a new line of hard cider. The new product development and subsequent production will require a long-term investment of funds by the company. Which source of financing would be representative of such a long-term funding requirement
Answers
Answer:
Brainliest pls
Explanation:
issuance of bonds
The source financing that would be representative of such a long-term funding requirement is issuance of bonds.
What is issuance of bonds?Issuance of bonds is one way for companies to raise money. A bond functions as a loan between an investor and a corporation. The investor agrees to give the corporation a certain amount of money for a specific period of time. In exchange, the investor receives periodic interest payments. When the bond reaches its maturity date, the company repays the investor.
The decision to issue bonds instead of selecting other methods of raising money can be driven by many factors. Comparing the features and benefits of bonds versus other common methods of raising cash provides some insight. It helps to explain why companies often issue bonds when they need to finance corporate activities.
Bonds have several advantages over bank loans and can be structured in many ways with different maturities.
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The personal needs, the culture, and the family of an individual influence his or her ethical choices.
Answers
Answer:
True
Explanation:
Ethical choices of an individua are an outcome of the social, cultural and regional exposure of the individual. Some part of the behavior and thoughts of an individual are sharped according of the ethnicity and culture. The values are enhanced and they are formed as a result of the choices made by the individual and the community. The result of the behavior, attitudes, choices and preferences of the individua are the outcome of the values formed by the person. Ethical choices are made upon the level of ethnic intensity.
Mike chooses a daas arrangement for his small business because it reduces costs. Why is daas less costly than the traditional alternative?.
Answers
Mike chooses DaaS for his small business since it is less expensive than the standard option and there is "no in-house databases installation, maintenance, or monitoring."
For what does DaaS stand?Desktop-as-a-Service is referred to as DaaS. I understand, but what does DaaS actually mean? Working on a cloud-hosted virtual desktop infrastructure is possible when using a Desktop as a Service solution. The remote server where the cloud-based desktop is kept and the actual devices that access it are different entities.
How do DaaS functions?DaaS is a service that enables end users to run any application in a browser while freeing IT teams from platform-related concerns. DaaS is VDI streamlined. The virtualized desktops and apps can run both on-premises and in public clouds, despite the fact that the DaaS solution is a service.
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Recording Business transactions
On February 1st, Brenda creates a new company providing accounting services investing $20,000 cash in exchange of 1,000 shares of capital stock. The company will be called Creative accounting Ltd.
The same day the company purchases a small office for $50,000. Pays $5,000 in cash and issues a note payable for the remainder. The price of the building is $40,000 and the land $10,000.
On February 2nd the company hires an employee for $1,000/month. Salaries are payable the day 5 of the following month.
On February 3rd the company purchases furniture for $6,000. Pays $1,500 cash and will pay the remainder in March 15.
The same day the company purchases 2 computers for $2,400
On February 15 the company bills client Mr. Happy for $1,600. The client pays $600 cash and will pay the remainder within one week. On February 19 the company receives an electricity bill to be paid in March.
On February 21 the company receives the settlement of Mr. Happy’s account receivable.
On February 28, the company Sends an invoice to its client Mr. Brown for services rendered during the month of February for $3,000. The invoice should be paid before March 15.
1: Prepare the journal entries for the above mentioned transactions.
2: Prepare a ledger account for all the accounts listed below.
List of accounts: Accounts payable, accounts receivable, cash, note payable, land, computers, building, salaries payable, revenue, salaries expense, electricity expense,.
3: calculate the balance of each one of the 3 sections of the balance sheet at the end of February (assets, liabilities, owners equity). Show your calculation)
Answers
1. Journal Entries of the given transactions are:
2. Ledger Account
DateParticularsFolioDebit ($)Credit ($) 1-FebCash20,000Common Stock20,000 1-FebBuilding50,000Cash5,000Note Payable45,000 1-FebLand10,000Cash-10,000 2-FebSalaries Expense1,000Salaries Payable1,000 3-FebFurniture6,000Cash1,500Accounts Payable4,500 3-FebComputers2,400Cash2,400 15-FebAccounts Receivable1,600Revenue1,600 15-FebCash600Accounts Receivable600 19-FebAccounts PayableElectricity ExpenseTBD 21-FebCashAccounts ReceivableTBD 28-FebAccounts Receivable3,000Revenue3,000 2. Ledger Account
DateParticularsFolioDebit ($)Credit ($)Cash1-Feb20,0005-Feb1,5003-Feb2,40015-Feb60021-Feb1,60028-Feb3,000Balance24,100Common Stock1-Feb20,000Balance20,000Building1-Feb50,000Balance50,000Land1-Feb10,000Balance10,000Computers3-Feb2,400Balance2,400Accounts Payable3-Feb4,500Balance4,500Salaries Payable2-Feb1,000Balance1,000Revenue15-Feb1,60021-FebTBD28-Feb3,000Balance4,600Salaries Expense2-Feb1,000Balance1,000Electricity Expense19-FebTBDNote Payable1-Feb45,000Balance45,000Accounts Receivable15-Feb1,60021-FebTBD28-Feb3,000Balance4,600 3. Calculation of balance of each of the 3 sections of the balance sheet at the end of February
At the end of February, Balance Sheet for Creative Accounting Ltd.
AssetsBalance ($)Cash24,100Land10,000Computers2,400Building50,000Accounts Receivable4,600Total Assets90,100LiabilitiesNote Payable45,000Accounts Payable4,500Salaries Payable1,000Total Liabilities50,500Owner’s EquityCommon Stock20,000Revenue4,600Salaries Expense1,000Electricity ExpenseTBDTotal Owner’s Equity23,600Total Liabilities and Owner’s Equity74,100Therefore, the total assets at the end of February is $90,100, the total liabilities are $50,500, and the owner's equity is $23,600.
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the old soviet union offered an example of an economy in which government planners determine both the prices of goods and the amounts of the goods that are produced. which term refers to this type of economy?
Answers
Nonmarket economy (A nonmarket economy relies on authorities planners to decide each the prices of items and the amounts that are produced. The historic Soviet economy is a ideal example, since the authorities owned and operated the fundamental ability of production.
What is a non market economy?(A) In widespread The time period “nonmarket financial system country” capability any foreign usa that the administering authority determines does not operate on market standards of fee or pricing structures, so that sales of merchandise in such country do now not mirror the fair value of the merchandise.
What is the example of non marketing?The output of the non market activities is neither for sale in the market nor for earning profit. These things to do can be for consumption and processing of predominant products for one's very own use. Example : A farmer cultivates particularly for himself and his family and not for earning profit.
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https://brainly.com/question/25754149#SPJ4The exchange rate for a stable country:
-remains the same unless there is political change.
-changes based on supply & demand
-is based on the U.S. Dollar.
-is based on gold.
Answers
Answer:
The exchange rate for a stable country:
Explanation:
The exchange rate of a stable economy changes based on the market forces of demand and supply. The demand and supply for a country's currency will be influenced largely by prevailing economic conditions in that country. Political and other social reasons will not affect the exchange rate of the country.
An increase or decrease of a country's products in the international market is one of the reasons for an increase or decrease in the demand for its currency.
Provide a brief overview of an example of bad corporate governance taking place in any company of your choice. Please provide reference.
Answers
One example of bad corporate governance is the Wells Fargo fraudulent account scandal that happened in 2016. The scandal revolved around a scheme to open fake customer accounts to meet sales goals. The employees responsible for opening these accounts were under intense pressure to hit sales quotas. Reference - Wells Fargo Fraud Scandal: What You Need to Know - The New York Times
In this regard, the bank’s corporate governance failed, as it was not able to establish a strong ethical culture and provide proper oversight of its employees.
Moreover, the bank was not transparent about the scandal, even after it had come to light. The board of directors did not take responsibility for the misconduct and instead, blamed the employees. This led to huge fines and penalties, along with the loss of customer trust and reputation damage.
The scandal resulted in a fine of $185 million for the bank, a drop in its share price, and the resignation of its CEO, John Stumpf. It is an example of how weak corporate governance can lead to misconduct, reputation damage, and legal liability.
References:
- Wells Fargo Fraud Scandal: What You Need to Know - The New York Times
- The Wells Fargo Scandal: What You Need to Know - Investopedia
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Ranstech sells its product for $200. marginal cost is a constant $160 per unit and fixed costs are $67,000. what is the breakeven quantity?
Answers
The Break-even point is the point where a firm neither gains nor losses. The breakdown quantity is 1725 units.
The break-even point is the number of additional units a company must sell to cover the cost of marketing programs and other types of investments, says Avery. If as a result of his investment he does not sell an amount equivalent, the company will suffer a loss and will not be able to recover its costs.
Break-even quantity = fixed cost / contribution per unit
Where contribution per unit = states per unit - variable cost per unit.
Now according to the problem, the marginal cost per unit is a constant $ 140 per unit. Go, it will converge to the variable cost per unit. ince, there is no change in the cost of production per additional unit, so the variable cost is the same as the marginal cost.
The fixed cost is 103500
Break-even quantity = fixed cost / contribution per unit
= 103500/200 -140
= 10350/ 60
= 1725 units
And, the break-even revenue ig = $(1725 x 200) = $345000.
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The weighted average cost method uses the cost for cost of goods sold on the income statement and the cost for inventory on the balance sheet. average, averege average, newest newest average oldest averege averege, oldest Samberg Inc. had the following transactions. a. Oct. 1- Sold $23,500 of merchandise on account, 1/10, n/30 to McCormick Industries. b. Nov. 1- Received a $23,500, 90-day, 10% note from McCormick Industries to settle its $23,500 unpaid balance. c. Dec. 31 - Accrued interest on the note. d. Jan. 31 - Received the interest on the note's maturity date. e. Jan. 31 - Received the principal on the note's maturity date. Required: Prepare the required journal entries. (Round your answer to the nearest whole dollar amount. If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)
Answers
The journal entry is Accounts Receivable23,500 and Sales Revenue 23,500, Cash23,961 and Interest Receivable587.67.
The journal entries for the given transactions are as follows:
a. Oct. 1
Accounts Receivable 23,500
Sales Revenue 23,500
b. Nov. 1
Notes Receivable 23,500
Accounts Receivable 23,500
c. Dec. 31
Interest Receivable X
Interest Revenue X
d. Jan. 31
Cash X
Interest Receivable X
Interest Revenue X
e. Jan. 31
Cash X
Notes Receivable 23,500
Interest Receivable X
Interest Revenue X
Note: The exact amounts for interest receivable, interest revenue, and cash will depend on the calculation of interest accrued and received.
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Which level of the legal environment oversees intellectual property laws?Which level of the legal environment oversees intellectual property laws?
Answers
Answer:
Intellectual property means the rights to dispose of works, inventions and other results of the process of human creativity, research and thought. These are the various results of more or less original ideas, instructions and solutions. Due to its intangible nature, only what is considered appropriate by the company for protection by law can be considered intellectual property, so it should generally be the results of creation, research or other activities that are sufficiently unique or original. The value of intellectual property rights is usually less difficult to determine than for physical property, it depends mainly on the degree of their subsequent use and benefit for individuals or society and the ability to support further creations.
In a letter to the editor, a teacher criticized an article in USA Today on autism because it used the term autistic child rather than child with autism. She championed people-first terminology, which avoids defining individuals by their ability or disability.For example, instead of identifying someone as a disabled person, one would say, She has a disability.
Answers
Yes, because obstacles are not something people choose on their own. So instead of naming people according to their disabilities, it makes more sense to say they have a disability.
What does it mean to follow ethical principles?
Answers
which of the following assets would be transferred by applicable intestate succession statutes at an intestate decedent's death? a) assets the decedent gifted prior to death in which she had no retained interest at death b) assets that she owned and had made a payable on death (pod) designation prior to her death c) an asset in which the decedent held a tenancy in common interest at death d) an income interest at death in the assets of an irrevocable trust that she established and funded
Answers
Assets would be transferred by applicable intestate succession statutes at an intestate decedent's death is an asset in which the decedent held a tenancy in common interest at death.
What type of assets are not subject to intestate succession?Assets that are not subject to intestate succession include property that is held in joint tenancy or tenancy by the entirety, life insurance proceeds, most retirement benefits, assets in a trust, and assets that are transferred during the decedent's lifetime to another owner. Additionally, assets that are owned by the decedent in a nonprobate form (such as a payable-on-death account or a transfer-on-death security) are not subject to intestate succession.In most states, the surviving spouse will receive a share of the decedent’s estate, even if the decedent did not have a will. However, there are some assets that are not subject to intestate succession and do not pass to the surviving spouse, including property acquired by the decedent during the marriage that was held as separate property, property that was acquired before marriage, or property that was gifted or inherited by the decedent during marriage. Any property that was owned solely by the decedent at the time of his or her death is not subject to intestate succession and will generally pass to the next of kin as determined by state law.To learn more about asset refer to:
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HELPPPKDDKKD
Question 5 of 10
Creating barriers to trade can lead to which problem?
A. Consumers will be more likely to buy luxury goods in foreign
markets
O B. Domestic businesses will face more competition from foreign
companies.
C. The country will become overly reliant on foreign countries.
OD. Other countries will retaliate by creating their own barriers to trade.
Answers
Creating barriers to trade can lead to Other countries will retaliate by creating their own barriers to trade problem.
What are the reasons of trade barriers?Governments erect trade barriers to control foreign trade and safeguard domestic industries. Implementing trade barriers is done for a variety of reasons, including: 1. Protecting domestic industries: To shield their domestic industries from foreign competition, governments may impose trade barriers. Subsidies, quotas, or tariffs can all be used to achieve this. 2. National security: Trade restrictions may be put in place for the protection of the nation, such as by limiting the export of materials or sensitive technology that could be used for military purposes. 3. Environmental issues: To protect the environment, governments may impose trade restrictions on imports of products that do not adhere to certain environmental standards. 4. Anti-dumping measures: To stop businesses from flooding the market with their products at below-market prices, governments may impose tariffs or quotas.
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To calculate the number of montly payments required to pay off a loan or meet an investment goal, use the _______ function.
Answers
To calculate the number of monthly payments required to pay off a loan or meet an investment goal, use the nper function.
In finance, lending is the lending of money by one or more individuals, organizations, or other entities to other individuals and organizations, etc. The beneficiary incurs a debt and usually has to pay interest on that debt until that debt is also repaid. to repay the principal borrowed.
The promissory note will typically state, among other things, the principal amount of the loan, the interest rate charged by the lender, and the date of repayment. A loan involves reallocation of assets in question over a period of time, between the lender and the borrower.
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