21. Which of the following goods has elastic demand?
a. Tobacco
b. Table salt
c. diet coke
d. toothpaste
Answers
Answer:
tobacco
Explanation:
Related Questions
how do you do income statement
Answers
To prepare an income statement, you will need to generate a trial balance report, calculate your revenue, determine the cost of goods sold, calculate the gross margin, include operating expenses, calculate your income, include income taxes, calculate net income and lastly finalize your income statement with business details and the reporting period.
If you can't find the time to make one from scratch, there are templates that can be used to help.
gross margin : the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides.
net income : net earnings, is calculated as sales minus cost of goods sold, selling, general and administrative expenses, operating expenses, depreciation, interest, taxes, and other expenses.
Expansionary monetary policy is _____ by its effects on exchange rates. expansionary fiscal policy is _____ by its effects on exchange rates..
Answers
Expansionary monetary policy is decreasing by its effects on exchange rates.
Expansionary fiscal policy is increase by its effects on exchange rates.
Expansionary monetary.
A macroeconomic monetary strategy known as a "Expansionary Monetary policy" seeks to accelerate monetary expansion in order to boost domestic economic growth.
Expansionary fiscal
Because the government must sell bonds to raise the funds it needs to spend, when it adopts an expansionary fiscal policy, interest rates rise. This in turn draws foreign capital, stimulates demand for dollars, and ultimately raises the exchange rate.
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Determining Cost of Goods Sold For a recent year, Best Buy (BBY) reported sales of $39,528 million. Its gross profit was $9,191 million. What was the amount of Best Buy's cost of goods sold
Answers
Answer:
30,337 million
Explanation:
sales-cost of goods sold = gross profit
(in millions)
(x= COGS)
39528-x=9191
x=30,337
Which refers to a 30-minute television advertising program that markets a single product? A) social media B) digital catalog C) telemarketing D) blog E) infomercial
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How does a command economy answer the three economic questions?
(1) what to produce, (2) how to produce, and (3) for whom to produce.
Answers
Answer:
key terms in purest from a market economy answers the three economic questions by allocating resources and goods through markets where prices are generated. In its purest form, a command economy answers the three economic questions by making allocation decisions centrally by the government.
Answer:
is it (3) for whom to produce.
Explanation:
3. What is an annual percentage rate (APR)? Describe one similarity and one
difference between the APR and the interest rate on a credit card or loan. Why
would the APR differ from a creditor's posted interest rate? In your response, also
explain how borrowers can use the APR to evaluate loan options, and describe why
borrowers should be wary of low introductory APRs. (8 points)
7
Answers
An annual percentage rate, or APR, is a figure that expresses the entire cost of borrowing money as a proportion of the loan's principle. An accurate picture of how much it costs to borrow money is intended to be provided by the APR on a loan or credit card.
What is annual percentage rate?The term annual percentage rate of charge refers to the interest rate for an entire year rather than just a monthly fee or rate as applied on a loan, home loan, credit card, etc. It can also be referred to as a nominal APR or an effective APR. It is an annual rate of a finance charge. An annual percentage rate, or APR, is a figure that expresses the entire cost of borrowing money as a proportion of the loan's principle. An accurate picture of how much it costs to borrow money is intended to be provided by the APR on a loan or credit card.
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1.
In 2016, a market had sales of £350.000. In 2017, the market grew by 5%.
Calculate the new market size in sales value.
Answers
Answer:
The new market size in sales value is 367,500
Explanation:
Answer:
£367,500
Explanation:
the market was £350,000 in 2016.
in 2017, the market grew by 5%.
the new market size will 5% more than 2016.
if 2016 was 100%, 2017 will be 105%
2017 = 105% x £350,000
=105/100 x £350,000
=1.05 x £350,000
=£367,500
True/False. client-side image maps are easier to create but rely on a connection to the server in order to run.
Answers
False. Client-side image maps do not rely on a connection to the server in order to run.
Client-side image maps are created using HTML and JavaScript, and the mapping information is embedded directly into the web page. When a user interacts with the image map, the mapping coordinates are processed locally on the client side without the need for communication with the server.
This allows for faster and more responsive user experiences, as the processing is done locally on the user's device. Client-side image maps are easier to create compared to server-side image maps, as they do not require server-side scripting or processing.
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Which scheduled report setting allows you to define a time range for a report to run if it is delayed
Answers
We may choose a time window for our report to run using the Schedule Window options. So, we may offer a window in which to execute a report if other reports are scheduled to run concurrently.
Alert Type: A scheduled alert's run time is determined by the day and time selected from the drop-down menus. Scheduled alerts are sent out at predetermined intervals. On the other hand, the search runs continually in the background when the alternative real-time alert option is selected. The alert action is carried out each time the criteria is satisfied. The alert may be set up to do various actions depending on the level of escalation. When the trigger criteria are satisfied and the alert triggers, Escalation Level 1 comprises all initial actions that you wish to do.
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Which of the following might experience a factor of failure related to expansion?
A. A hair salon that hires new employees immediately after it opens
B. A restaurant that doesn't have a website
C. A shoe store located near another popular shoe store
D. A grocery store with employees who miss company meetings
Answers
Answer:
a
Explanation:
cggm nauseousness hfff fallen
Your leader asks you to help unload and organize merchandise. A Items - An item that, according to an ABC classification, belongs to a small group
Answers
A product that, according to an ABC classification, is part of a select group that accounts for just 15–25% of the total inventory items while accounting for about 75–80% of the annual demand, usage, or output volume.
What is ABC classification?The activity-based costing (ABC) approach is a way of allocating overhead and indirect expenses to goods and services, such as salaries and utilities. The ABC classification system of cost accounting is based on activities, which are defined as any occasion, activity, or unit of work with a particular objective. Inventory is split into three groups, A, B, and C, and their values are ranked descendingly in the ABC analysis approach. The highest valued items are those in category A, followed by those in category B and then those in category C.
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The legal form of business ownership in which owners have limited personal accountability for the debts
and dealings of the company is called a_____.
A.partnership
b. sole proprietorship
C.limited liability company
D. corporation
Answers
an employee can be dismissed if their job surplus to requirements' outline why this state ment is false
Answers
Factors that influence pricing
Answers
Effect of Competition
A competitive pricing strategy, where prices for a product or service are set based primarily on the prices of the competition, is best suited for a price-sensitive and highly competitive market. Whether you use this type of strategy or not, you should always take your competition’s pricing into account when setting your own pricing, unless you hold a monopoly. If consumers perceive your product and your competition’s as having equal value, you could lose out in a big way if your competitor’s price is lower than yours is.
Market Demand Pricing
The laws of supply and demand should always come into play when setting your pricing. If a product is in high demand, particularly if demand exceeds supply, then the market can bear a higher price. Conversely, if demand dwindles, consumers will not be willing to pay higher prices. Your pricing should remain relatively stable over time, but you can put promotions in place to discount the price when needed.
Price is a Part of Brand Strategy
Setting your prices without a thorough grasp of your brand objectives can destroy any brand-building efforts. Your price is a part of your brand image. Think about Walmart, which has built its entire brand around low pricing, or Tiffany & Co., whose consumers expect high-end pricing. If your products’ prices are not in line with your brand image, you will most likely confuse consumers instead of convert them.
Cost of Goods Sold
If you want to make a profit on the sale of your products, you must charge a higher price than what it cost you to actually produce and transport them. The cost of goods sold almost always plays an integral role in any pricing strategy. The exception to this is if you are promoting your product as a loss leader.
A loss leader is a product that is sold below cost as an incentive for consumers to purchase other products at normal prices. Many mobile carriers, for example, sell cell phones at hugely discounted rates so that consumers will sign on for one of their cell phone service packages.
The Brazilian government wants to build a global satellite transmission system. The manufacturer will receive $500,000 above actual development costs, whatever those costs may be. Payment to the manufacturer of the satellite transmission system has been determined using:
Answers
Answer: cost-plus-fixed-fee pricing
Explanation:
The cost-plus fixed fee pricing refers to the pricing whereby the contractor is paid for the normal expenses that's incurred plus an additional fixed fee.
In this case, the satellite manufacturer will get a mutually agreed upon profit which is above all the costs that was involved in the project. Therefore, this refers to the cost-plus-fixed-fee pricing.
Based on the graph shown above, which of the following is the equallibrium quantity and price at which the compony should sell the truck
Answers
Based on the graph shown above, the following is the equilibrium quantity and price at which the company should sell the truck: option B. 300 trucks at $6 per truck
What is an equilibrium quantity and price?In economics, an equilibrium quantity and price refers to a state in which the quantity of a good or service that a seller is willing to supply is equal to the quantity that a buyer is willing to demand, and the price at which this transaction occurs is the equilibrium price. This is also known as market equilibrium.
At the equilibrium price, there is no surplus or shortage of the good or service, and the market is said to be in balance. If the price is higher than the equilibrium price, there will be a surplus of the good or service, and if the price is lower than the equilibrium price, there will be a shortage.
The equilibrium quantity and price are determined by the interaction of supply and demand in a market. When the supply and demand curves intersect, the equilibrium quantity and price are established.
Therefore, the correct answer is as given above
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The complete question goes thus:
A toy company created a new truck to offer to consumers.
Based on the graph shown above, which of the following is the equilibrium quantity and price at which the company should sell the truck?
A. 200 trucks at $8 per truck
B. 300 trucks at $6 per truck
C. 400 trucks at $8 per truck
D. 200 trucks at $4 per truck
Option 1: 1,811 square feet, 2-3 bedroom, 2 bath house that arrives in 4 modules. It includes the upgraded PEX piping and fiber cement siding that Xavier saw on the tour. The price for Option 1 would be $180 per square foot.
Option 2: 2,600 square feet, 3-4 bedroom, 3 bath house that arrives in 5 modules. It also includes the upgraded PEX piping and fiber cement siding. The price for Option 2 is $195 per square foot.
Sabrina also explains that Xavier must have certain things ready ahead of time, such as electric, sewer, and water systems, as well as a foundation in place. She gives him the name of a transport company that would oversee bringing Xavier’s modules to his house site. On your math sheet, complete the following problems that will help Xavier choose from the two options Sabrina has presented him:
Math Problem 3: Calculate the total price for Option 1
Use this formula to help you solve the problem:
Total Square Feet × Number of Square Foot=Total Price
Math Problem 4: Calculate the total price for Option 2
Use this formula to help you solve the problem:
Total Square Feet × Number of Square Foot=Total Price
Xavier contacts the transport company and is put in touch with one of the drivers, Kevin. Because the modules need to be connected quickly once they reach his build site, Xavier wants to know if he can have them all delivered on the same day. Kevin says that this would be possible using one truck per module. The fee for transporting each module is 20 cents per truck per mile, plus the cost of fuel. The factory is 350 miles from Xavier’s build site, and Kevin estimates that each truck will need $500 worth of gas.
On your math sheet, complete the following problem to help Xavier find out how much he will spend on transportation costs:
Math Problem 5: Calculate Xavier’s transportation cost to have the modules delivered on the same day
Use this formula to calculate Xavier’s cost:
[(.20 × miles)+500]× number of modules
Part 2: Job Board
Xavier is excited but knows this is a huge project. Help Xavier stay organized by creating a job board for him. A job board is like a bulletin board that holds important information about a big project. This way, he can see the important aspects of his job, along with his costs. To do this, you will be taking the answers to the math questions above and creating items that Xavier can hang on his job board to remind him of the choices he should make in this project. You may select to create your job board in poster form or digitally in a word processing document. Either way, the job board should include the following pieces of content:
A rough drawing of Xavier’s lot that includes the lot measurements provided above.
Make sure that you include the total area of the lot that you calculated in Math Problem 1 somewhere on this drawing.
A sketch of the prefabricated house option that you suggest Xavier purchases (either Option 1 or Option 2).
Make sure that you include his final price that you calculated in Math Problem 3 or 4.
Also, be sure to label the upgraded technology that was included in the option you chose so that Xavier can point it out to his building inspector when the time comes.
A graphic representation (photo, clip art, etc.) of a truck with the final transportation cost on it (this is the answer to Math Problem 5).
Answers
If the price is $180 per square foot, the price of the lot will be $3,240,000
How to find the price of the lotTo calculate Xavier cost, we need to first calculate the area of the lot (trapezium)
Area of the trapzium = 1/2(a+b)h
h is the height of the trapezium
a and b are the sides
Area of the trapezium = 1/2(175+185)*100
Area of the trapezium = 1/2(360)*100
Area of the trapezium = 18000 square foot.
If the price is $180 per square foot, the price of the lot will be 18000 * 180 = $3,240,000
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What type of type of resource biotic and abiotic and renewable and non-renewable resources are?
Answers
Biotic resources are living or once-living organisms, such as plants, animals, and microorganisms.
What is Biotic?Biotic refers to any living organism or part of an organism. This includes plants, animals, fungi, and microorganisms. Biotic components form the basis of all ecosystems and are essential for the maintenance of life on Earth. Biotic organisms interact with each other and with the physical environment, forming complex networks of energy and nutrients. These networks form food webs, in which organisms consume and are consumed by other organisms, while also providing a range of services to the environment, such as nutrient cycling and climate regulation.
Abiotic resources are non-living resources, such as air, water, and minerals. Renewable resources are resources that can be replenished naturally, such as solar energy, wind energy, and water. Non-renewable resources are resources that cannot be replenished, such as fossil fuels and minerals.
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Which states the main difference between a monopoly and an oligopoly?
a. Oligopolies have a few large corporations that are part of the market.
b. Oligopolies have a lot of competition between companies.
c. Monopolies involve a much higher level of competition than oligopolies.
d. Monopolies have many corporations as part of the market.
Answers
Answer:
a
Explanation:
a. oligopolies have a few large corporations that are part of the market
You are a project manager in a strong matrixed organization. Your project plan has been approved, and therefore you have management backing to execute. A stakeholder notifies you of critical functionality for the end product, which is missing in the design document.
Your next step is to:
Answers
Answer:
Ensure the change request is documented and presented to the Change Control Board.
Explanation:
As a project manager in a strong matrixed organization, it is important to ensure that all stakeholders are involved in the project planning and design process. However, in the event that a stakeholder notifies me of critical functionality that is missing in the design document, my next step would be to assess the impact of this missing functionality on the project timeline, budget, and overall success.
After assessing the impact as a project manager, I would then work with the project team and the stakeholder to identify potential solutions or workarounds that could address the missing functionality. This may involve revising the project plan, adjusting the budget, or potentially adding additional resources to the project team. It is important to communicate any changes or adjustments to the project plan to all stakeholders, including management, to ensure that everyone is aware of the impact on the project timeline and budget. Additionally, I would work with the design team to ensure that any revisions to the design document are captured and documented appropriately. Overall, as a project manager in a strong matrixed organization, it is important to remain flexible and adaptable in the face of changing stakeholder requirements and to work collaboratively with all project team members to ensure project success.
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Personal values and work values cannot be related.
If your answer is correct, ill brainly!
Answers
Answer:
The answer is false.
Explanation:
Everybody has personal values, i.e. certain things they find most imperative throughout everyday life. This likewise stretches out to the world of work; your work values to a great extent decide your working style and inclinations.
Additionally, managers will frequently cling to certain center qualities which characterize the organization culture and how the business is lead. Arrangement with them will, no doubt, be a main factor while selecting new representatives.
Monitoring your personal values and those of the organization you're applying to will enable you to decide if the job– and the business in general – is ideal for you, and additionally finding how you can be ideal for them.
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we+deposit+$10+into+the+account+that+pays+0.5%+per+month+in+the+first+month,+$20+in+the+second+month,+$30+in+the+third+month+and+so+on.+how+much+money+will+the+account+have+after+24+months?
Answers
A consumer can deposit and withdraw funds from a deposit account, which is a bank account kept by a financial institution.
If you deposit $10 into an account that pays 0.5% per month in the first month, $20 in the second month, $30 in the third month and so on, the account will have a total of $7,640 after 24 months.
To calculate this, we can use the formula for sum of an arithmetic sequence, which is S = n/2 * (a + l), where S is the sum, n is the number of months, a is the first term and l is the last term.
In this case, n = 24, a = 10 and l = 350.
Plugging this into the equation, we get S = 24/2 * (10 + 350) = 7,640.
Therefore, after 24 months, the account will have a total of $7,640.
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True or False: Service providers that have high customer satisfaction ratings this year are unlikely to achieve the same level of satisfaction next year.
Answers
Answer: False
Explanation:
When using enigma process data, it collects, cleans, organizes, integrates and analyzes the data. As a result, what is it doing?.
Answers
The enigma process data is doing a data acquisition when its collects, cleans, organizes, integrates and analyzes the data.
What is a data acquisition?A data acquisition refers to the process of digitizing data from the environment so that its can be displayed, analyzed, and stored in a computer.
Hence, the enigma process data is doing a data acquisition when its collects, cleans, organizes, integrates and analyzes the data.
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Related Party Risk: Evaluate the related party situation for Kathmandu by analysing the information disclosed by the client. You should also conduct a reasonable search for potentially related parties that may not have been disclosed (incompleteness) by the client. Come to an evaluation of the situations in conformance with both Accounting Standards (NZ IAS) and expectations of Auditing Standards (ISA NZ), and make a recommendation to the engagement partner with respect to the Related Party Risk issue.
Answers
To evaluate related party risk for Kathmandu, analyze disclosed information and search for undisclosed related parties. Make recommendations in accordance with Accounting and Auditing Standards.
Evaluating related party risk for Kathmandu involves analyzing the disclosed information and conducting a reasonable search for undisclosed related parties. This evaluation should be done in accordance with Accounting Standards (NZ IAS) and expectations of Auditing Standards (ISA NZ).
Review the financial statements and accompanying notes for explicit disclosures of related party transactions. Analyze contracts, agreements, and other relevant documents to identify potential undisclosed related parties.
Assess the nature, extent, and financial implications of the related party transactions to determine if they have been appropriately accounted for and disclosed. Based on the evaluation, make recommendations to the engagement partner, which may include suggesting additional procedures or adjustments to address the related party risk issue.
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an object is placed at a distance of 20cm from convex lens of focal length 15cm find the image distance
Answers
Answer:
Image distance = 60 cm
Explanation:
Object distance from a convex lens = 20 cm
Focal length of convex lens = 15 cm
Use the following relation between the object distance, focal length and image distance.
\(\frac{1}{object\,\,distance}+\frac{1}{image\,\,distance} =\frac{1}{focal\,\,length}\)
\(\frac{1}{20}+\frac{1}{image\,\,distance}=\frac{1}{15}\\\\ \frac{1}{image\,\,distance}= \frac{1}{15}-\frac{1}{20}\\\\ \frac{1}{image\,\,distance}= \frac{4-3}{60} \\\\ \frac{1}{image\,\,distance}=\frac{1}{60}\)
Therefore,
Image distance = 60 cm
the members of the organization provided feedback on the methods used bty their facilitys heaklt care professionals to provide high quality care quizlet
Answers
Inner factors are those within the firm, whereas external factors are those above the firm's control. Internal factors to boost the quality of care include administrative structure and culture, employees' competence, infrastructure, administration and management, and collaborative care course.
What are the factors affecting the quality of services delivered by health care systems?Quality improvement seeks to normalize processes and structure to reduce interpretation, achieve predictable results, and enhance outcomes for patients, healthcare systems, and institutions.
Patient socio-demographic variables. Patient collaboration. Type of patient illness (rigor of illness) Provider socio-demographic variables. Provider competence (Knowledge and skills) Provider inspiration and fulfillment. Healthcare strategy.To learn more about the health care systems visit the link
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A small group of consumers that come into a facility to try new products while being observed is called ________.
Answers
A small group of consumers that come into a facility to try new products while being observed is called Focus Group.
What does focus group do?
A focus group is a type of research method that involves a group of people who are brought together to discuss a product, service, or concept. The group is usually composed of 8 to 10 people and is led by a moderator. The purpose of the focus group is to gain insights into the attitudes and behaviors of the target audience. During the session, the moderator will ask questions to the group and guide the discussion in order to gain a better understanding of their opinions and preferences. The group’s responses are then analyzed and used to inform marketing decisions. Focus groups can be used to test new products or services, develop marketing campaigns, and explore customer reactions to a variety of topics.
Focus groups are often used in fields such as market research, public opinion research, and social research.
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How managers plan significant investments in projects that have long term implications such as purchasing new equipment or introducing new products is called
Answers
What are three important things to consider when choosing a college 
Answers
Answer:
Best of luck!
Explanation:
1. I would look into their funs if you can, like find out which part of the school gets the most money
2. tuition, dorms, start your FAFSA if you haven't already, look to see if they have your program, degree and major/minor of choice
3. tour the school!!
- videos online talking about people’s experiences just to get an inside idea
- cafeteria and lounging areas