Average inventory is a calculation that estimates the value or number of a particular good or set of goods during two or more specified time periods. Average inventory is the mean value of an inventory within a certain time period, which may vary from the median value of the same data set.
Calculate the average inventory?
Average Inventory = (COGS) / (Inventory Turns)
In this case, COGS is $44 billion, and Inventory Turns is 4. Plug these values into the formula:
Average Inventory = ($44 billion) / (4)
Average Inventory = $11 billion
So, the manufacturer holds an average inventory of $11 billion in farm equipment.
to know more about the equipment:
https://brainly.com/question/30230359
#SPJ11
Which of the following is the best example of a SMART goal?
A. Graduate with a degree in business.
B. Learn as much about marketing as possible.
C. Graduate with a bachelor's degree in marketing in a year.
D. Earn a "B" or better in my Intro to Marketing course this semester.
Answer:
c
Explanation:
although all were good options for answers, but this graduate got through this in a year, Speaks volumes to me
Answer:
The answer is definitely: D. Earn a "B" or better in my Introduction to Marketing course this semester.
Explanation:
100 % correct
Which one earns higher interest?
A. Savings Account
B. CD (Certificate of Deposit)
Answer:
B
Explanation:
The specific interest rates offered by savings accounts and CDs can vary greatly depending on the financial institution, the amount deposited, and the length of the deposit term, so it's important to compare rates from different banks and credit unions to determine which one is the better option for a particular individual.
What is the purpose of active listening?
Explanation:
Active listening serves the purpose of earning the trust of others and helping you to understand their situations. Active listening comprises both a desire to comprehend as well as to offer support and empathy to the speaker.
Gaining others' trust and gaining insight into their circumstances are two benefits of active listening. Both a want to understand and a desire to support and empathize with the speaker are components of active listening.
What are components?A component is an identifiable portion of a larger program or construction in the programming and engineering fields. A component often performs one specific function or a set of related functions. A component is something that is a piece of a bigger whole. An example of a component is a CD player in a stereo system. An illustration of a component is an ingredient in a recipe. Noun.
Abiotic factors are non-living parts of an ecosystem that have an impact on their surroundings. Terrestrial ecosystems can be characterized by factors like temperature, light, and water. Ocean currents and salinity are examples of abiotic components in a marine ecosystem.
Active listening is a technique for listening to and responding to another person that enhances comprehension between the two parties. To diffuse the situation and look for solutions to issues, it is crucial to take this initial move. Students will learn what active listening is in this session and why it is crucial for handling disagreements.
Therefore, the speaker is a component of active listening.
Learn more about components here:
https://brainly.com/question/27893112
#SPJ2
If a single constant force acts on an object that moves on a straight line, the object's velocity is a linear function of time. The equation gives its velocity v as a function of time, where a is its constant acceleration. What if velocity is instead a linear function of position?
Answer:
F = -kmv
Explanation:
The computation is shown below:
As we know that
a = acceleration
v = velocity
Given that
v = v_i - kx
Based on the above information
\(\frac{dv}{dt} = \frac{dv_i}{dt} = k \frac{dx}{dt} = 0 - kv = -kv\)
a = -kv ..................(i)
Now multiply both sides of an equation
BY mass of the object
ma = -kmv
F = -kmv
So if there is no other external forces so the force is on object i.e.
F = -kmv
does each of the following government activities promote competition or limit monopoly power by regulating markets? place each in the correct category. items (5 items) (drag and drop into the appropriate area below) limiting content on public airwavesdirecting local cable companies to reduce internet fees for rural consumerspreventing the merger of two pharmaceutical companiesbreaking up standard oil into smaller companiesforcing a municipal water company to limit rate increases categories regulating markets drag and drop here promoting competition
Regulating markets refers to the government's efforts to oversee and enforce rules, laws, and policies that promote fair competition and prevent monopolies from gaining excessive market power. The goal of market regulation is to ensure that markets are functioning in a way that benefits consumers, promotes innovation, and allows for a level playing field for businesses of all sizes.
Regulating markets can take many forms, including enforcing antitrust laws to prevent monopolies, setting standards for product safety and quality, establishing price controls, overseeing the exchange of goods and services, and protecting consumer rights.
Learn more about Regulating markets
https://brainly.com/question/31061135
#SPJ4
Full Question: Does each of the following government activities promote competition or limit monopoly power by regulating markets? Place each in the correct category.Items (5 items) (drag and drop into the appropriate area below):
Limiting content on public airwavesDirecting local cable companies to reduce internet fees for rural consumersPreventing the merger of two pharmaceutical companiesBreaking up Standard Oil into smaller companiesForcing a municipal water company to limit rate increasesCategories:
Regulating marketsPromoting competitionA portfolio is invested 20 percent in stock A, 50 percent in stock B, and 30 percent in stock C. Assuming the returns are normally distributed, what is the 68 percent probability range of returns for any given year?
State of Economy. Probability of State of Economy. Stock A. Stock B. Stock C
Boom .15 .18 .13 .15
Normal .75 .13 .09 .12
Recession .10 -.25 .02 -.20
A.) -3.89 percent to 15.77 percent
B.) -3.89 percent to 22.32 percent
C.) 2.66 percent to 15.77 percent
D.) 2.66 percent to 22.32 percent
E.) 6.55 percent to 15.77 percent
To calculate the 68 percent probability range of returns for the portfolio, we need to consider the weighted average returns of each stock and their respective probabilities in each state of the economy.
First, let's calculate the weighted average returns for each stock:
Stock A:
Weighted Return for Stock A = (Boom Return * Boom Probability) + (Normal Return * Normal Probability) + (Recession Return * Recession Probability)
= (0.18 * 0.15) + (0.13 * 0.75) + (-0.25 * 0.10)
= 0.027 + 0.0975 - 0.025
= 0.0995 or 9.95%
Stock B:
Weighted Return for Stock B = (Boom Return * Boom Probability) + (Normal Return * Normal Probability) + (Recession Return * Recession Probability)
= (0.13 * 0.15) + (0.09 * 0.75) + (0.02 * 0.10)
= 0.0195 + 0.0675 + 0.002
= 0.089 or 8.9%
Stock C:
Weighted Return for Stock C = (Boom Return * Boom Probability) + (Normal Return * Normal Probability) + (Recession Return * Recession Probability)
= (0.15 * 0.15) + (0.12 * 0.75) + (-0.20 * 0.10)
= 0.0225 + 0.09 - 0.02
= 0.0925 or 9.25%
Next, let's calculate the weighted average return for the portfolio:
Weighted Average Return for Portfolio = (Weighted Return for Stock A * Weight for Stock A) + (Weighted Return for Stock B * Weight for Stock B) + (Weighted Return for Stock C * Weight for Stock C)
= (0.0995 * 0.20) + (0.089 * 0.50) + (0.0925 * 0.30)
= 0.0199 + 0.0445 + 0.02775
= 0.09215 or 9.215%
Learn more about average returns here
https://brainly.com/question/28562900
#SPJ11
A copyright must be registered for a person to have rights to his or her work.
True
Or False
Answer:false Explanation:
Answer:
False
Explanation:
Copyright exists from the moment the work is created.
If the current market rate of interest is 10%, then the present value of this stream of cash flows is closest to
To determine the present value of a stream of cash flows, you need to use the formula for present value, which takes into account the time value of money. In this case, the current market rate of interest is 10%, so you would use that as the discount rate in the formula. The formula for present value is:
PV = CF / (1 + r)n
Where PV is the present value, CF is the cash flow, r is the discount rate, and n is the number of periods.
Assuming the cash flow stream is a constant amount over a period of time, you can use the formula to calculate the present value. For example, if the cash flow is $1,000 per year for 5 years, and the discount rate is 10%, the present value would be:
PV = 1,000 / (1 + 0.10)1 + 1,000 / (1 + 0.10)2 + 1,000 / (1 + 0.10)3 + 1,000 / (1 + 0.10)4 + 1,000 / (1 + 0.10)5
PV = $3,791.28
Therefore, the present value of this stream of cash flows would be closest to $3,791.28 if the current market rate of interest is 10%.
To know more about cash flows visit:
https://brainly.com/question/29768594
#SPJ11
Who determines the interest rate for the nation?
and describe the situation in which organizations are direct competitors and are fully aware of the competition.
High market commonality, high resource similarity describe the situation in which organizations are direct competitors and are fully aware of the competition.
What is high market commonality?The degree of coincide between the goods, customers, and geographic areas served by two or more companies in a given market is referred to as high market commonality. When two or more businesses have a high level of market commonality, it implies they are competing for the same customers and resources. Due to high market commonality, firms may face intense competition as they pursue to distinguish themselves and seize a larger portion of the market. It may also make it more difficult for businesses to keep long-term competitive advantages, as competitors may be able to easily imitate or replicate their strategies.
To Know more about High market commonality Visit:
brainly.com/question/16001955
#SPJ1
How many acres are in a description reading, "The NW¼ of the SE¼ and the S½ of the SW¼ of the NE¼ of Section 4"?
The main answer is that the description "The NW¼ of the SE¼ and the S½ of the SW¼ of the NE¼ of Section 4" does not provide enough information to determine the exact number of acres.
The description only specifies the fractional parts of various quarters within Section 4, but it does not specify the size of the section or the size of each quarter.
To determine the number of acres, we need to know the total area of Section 4 in acres. A section of land typically consists of 640 acres, but the exact size can vary depending on the jurisdiction or survey system being used. Once we know the total area of Section 4, we can calculate the number of acres based on the given fractional parts.
For example, if Section 4 is 640 acres, the NW¼ of the SE¼ would be (1/4) * (1/4) * 640 = 40 acres. The S½ of the SW¼ of the NE¼ would be (1/2) * (1/4) * (1/4) * 640 = 20 acres. However, without the information on the size of Section 4, we cannot accurately determine the total number of acres based on the given description.
In summary, the provided description only specifies fractional parts of various quarters within Section 4, and without the total area of Section 4, it is not possible to determine the exact number of acres.
To learn more about fractional parts : brainly.com/question/16824995
#SPJ11
When researching an occupational field, what information should you be looking for?
Answer:
Current and predicted trends
-Educational requirements
-Job descriptions
-Growth outlook
-Salary ranges
Explanation:
took test
Pieces of information one must consider while researching an occupational field are Job description, Required education and experience, Working conditions, Salary and Fringe benefits.
What is a job description?A job description includes the following elements: the job title, the purpose of the job, the tasks and responsibilities of the job, the needed and desired qualifications for the job, and the working environment. A job description often lists the qualifications, education, and training that a prospective employee must possess.
It will detail the job's responsibilities and tasks. Once a job description has been created, it may be used as the starting point for candidate interviews, orientation for new hires, and performance reviews. Benefits and work happiness have a favorable association.
Research strategy: It was determined that a quantitative study approach and a survey format would be most effective for determining how wages and benefits affect work satisfaction. In fact, 96% of respondents to a study of employees said that their total job satisfaction was influenced by their remuneration.
Learn more about the job description, here:
https://brainly.com/question/12174315
#SPJ6
If |v| 5 and |w| 3, what are the smallest and largest possible values for |v w|? how about v w
The sound /v/ is made by biting the bottom lip with the top teeth. Lips are rounded when uttering /w/. When practising alone, try saying both words and ensuring that each is pronounced differently, for instance by examining your mouth in the mirror.
What are the smallest and largest values of |v w|?The difference between the greatest and smallest value is known as the data range. The sum of all the values in a data set divided by the total number of values is the data set's mean.
Any digit's biggest number is created by filling every space with 9. By inserting 1 and swapping out the other digits for 0, you can create the smallest number possible for any digit.
The biggest five-digit number, for instance, is 99999, whereas the smallest four-digit number is 1000.
Therefore, ||vw|| has largest and smallest values of 8 and 2, respectively. They are 15 and -15, respectively, for vw.
Learn more about values here:
https://brainly.com/question/16984304
#SPJ4
Where do you report a stolen credit card to efta standards or pci standards
A merchant's PCI DSS compliance can be confirmed using the PCI Report on Compliance. The PCI DSS's standards and procedures were created to increase the security of credit card-based transactions and safeguard cardholder data from fraud and other unauthorized uses of their personal data.
To protect cardholders' private information and boost the security of transactions involving credit, debit, and cash cards, the Payment credit card Industry Data Security Standard (PCI DSS) is a well-known set of rules. PCI Compliance is NOT a one-time project but an ongoing practise. Merchants (the Business Owner) are in charge of overseeing the finances of their company's activities.
To learn more about PCI, click here.
https://brainly.com/question/28672823
#SPJ1
A corporation had the following assets and liabilities at the beginning and end of this year.
Assets Liabilities
Beginning of the year $57,000 $24,436
End of the year 115,000 46,575
a. Owner made no investments in the business, and no dividends were paid during the year.
b. Owner made no investments in the business, but dividends were $950 cash per month.
c. No dividends were paid during the year, but the owner did invest an additional $45,000 cash in exchange for common stock.
d. Dividends were $950 cash per month, and the owner invested an additional $35,000 cash in exchange for common stock.
Required:
Determine the net income earned or net loss incurred by the business during the year for each of the above separate cases.
a. In this case, since there were no investments made by the owner and no dividends paid, we can calculate the net income by subtracting the change in liabilities from the change in assets.
The change in assets is $115,000 (end of the year) minus $57,000 (beginning of the year), which equals $58,000. The change in liabilities is $46,575 (end of the year) minus $24,436 (beginning of the year), which equals $22,139. Therefore, the net income earned by the business during the year is $58,000 minus $22,139, which equals $35,861.
b. Since dividends of $950 cash per month were paid, we need to subtract the total dividends paid ($950/month * 12 months = $11,400) from the net income calculated in case (a). Therefore, the net income earned by the business during the year, after deducting dividends, would be $35,861 minus $11,400, which equals $24,461.
c. In this case, since the owner invested an additional $45,000 cash in exchange for common stock, we need to add this investment to the net income calculated in case (a). Therefore, the net income earned by the business during the year, after including the additional investment, would be $35,861 plus $45,000, which equals $80,861.
d. Considering both the dividends of $950 cash per month and the additional investment of $35,000 cash, we need to subtract the total dividends paid ($950/month * 12 months = $11,400) and add the investment to the net income calculated in case (a). Therefore, the net income earned by the business during the year, after adjusting for dividends and the additional investment, would be $35,861 minus $11,400 plus $35,000, which equals $59,461.
Learn more about net income here:
https://brainly.com/question/32614743
#SPJ11
HELPPP How would entrepreneur apply comfort with risk when developing a product or service ?
Answer:
Testing and responses help
Explanation:
ask for feedback from testers
when a team has fewer than 15 people, what should new leaders do during the first two weeks?
As a new leader of a team with fewer than 15 people, it's important to establish open communication and build rapport with team members during the first two weeks.
This can include setting up one-on-one meetings to discuss individual goals and concerns, and to get to know each team member's strengths and weaknesses. It's also important to clarify the team's goals and expectations, and to establish a clear plan of action for achieving them. As a new leader, it's important to listen to team members' ideas and suggestions and to create a collaborative environment that encourages innovation and creativity. Additionally, it's important to set an example by being reliable, transparent, and accountable for your own actions. By taking these steps during the first two weeks, new leaders can establish a strong foundation for a successful team.
To learn more about communication, visit:
https://brainly.com/question/30692107
#SPJ11
A company is analyzing its mixed costs. During July, its busiest month, a company had total labor hours of 14,000 and total costs of $40,000. During February, its slowest month, the company had labor hours of 8,000 and total costs of $25,000. The company is planning for 12,000 direct labor hours next April.
How many dollars should the company budget for fixed costs during April?
A. $5,000
B. $6,000
C. $35,000
D. $36,000
. $5,000 dollars should the company budget for fixed costs during April. The correct answer is A. $5,000.
The company should budget for $6,000 in fixed costs during April.
To find the fixed costs, we need to first calculate the variable cost per labor hour. We can do this by using the high-low method, which involves finding the difference in total costs and labor hours between the busiest and slowest months and then dividing the difference in costs by the difference in labor hours.
Variable cost per labor hour = (Total costs in July - Total costs in February) / (Labor hours in July - Labor hours in February)
Variable cost per labor hour = ($40,000 - $25,000) / (14,000 - 8,000)
Variable cost per labor hour = $15,000 / 6,000
Variable cost per labor hour = $2.50
Now that we know the variable cost per labor hour, we can find the fixed costs by subtracting the total variable costs from the total costs in either month.
Fixed costs = Total costs - Total variable costs
Fixed costs = $40,000 - ($2.50 * 14,000)
Fixed costs = $40,000 - $35,000
Fixed costs = $5,000
Therefore, the company should budget for $5,000 in fixed costs during April.
to know more about budget refer here
https://brainly.com/question/15683430#
#SPJ11
according to the equation of exchange, if gdp equals $4 trillion and the money supply equals $1 trillion, the velocity of money
According to the equation of exchange, the velocity of money can be calculated by dividing the GDP (gross domestic product) by the money supply. In this case, if GDP equals $4 trillion and the money supply equals $1 trillion, the velocity of money would be 4.
Velocity of Money = GDP / Money Supply
Velocity of Money = $4 trillion / $1 trillion
Velocity of Money = 4
The velocity of money represents the rate at which money circulates in the economy or the number of times a unit of currency is spent on final goods and services in a given period. A velocity of 4 indicates that, on average, each unit of currency is being spent or used in four transactions over the specified period.
To know more about GDP, click here:
https://brainly.com/question/31913032
#SPJ11
what is keyboarding?
Answer:Keyboarding is the activity of typing information into a computer. Collins COBUILD Advanced Learner's Dictionary.
Explanation:
what are the two general areas of specialization in accounting?
Answer:
Financial Accounting. Financial accounting is an area of accounting that deals with the recording, classifying, reporting and interpreting of a business financial performance and economic conditions to interested users ...
Managerial Accounting. Managerial Accounting is an area of accounting that deals with accumulation of financial information and preparation of reports for internal users only, like the company’s management or ...
Cost Accounting. Cost Accounting is an area of accounting that captures and accumulates manufacturing or production costs for internal use of an entity’s management, used in decision making purpose.
Explanation:
Active management necessarily implies very high portfolio turnover in an attempt to beat the Market Portfolio.
A. TRUE
B. FALSE
A. TRUE Active management refers to the practice of attempting to outperform the market by actively buying and selling securities in a portfolio. The goal is to generate returns that are higher than the market benchmark.
However, this approach requires high portfolio turnover, meaning that the manager frequently buys and sells securities in an attempt to stay ahead of market trends. As a result, active management typically incurs higher transaction costs and taxes than passive management, which seeks to replicate the returns of the market benchmark with a low-cost, low-turnover portfolio. Therefore, the statement "Active management necessarily implies very high portfolio turnover in an attempt to beat the Market Portfolio" is true.
Learn More about market benchmark here :-
https://brainly.com/question/30714440
#SPJ11
*ECONOMICS* Which situation best illustrates the concept of absolute advantage?
O A. A factory in Vietnam can produce more shoes than other
countries.
O B. The total value of U.S. exports is lower than the value of the
country's imports.
O C. A software company is forced to increase its prices to pay for
rising labor costs.
D. A restaurant buys its ingredients from nearby farms to help the
local economy.
Answer:
O A. A factory in Vietnam can produce more shoes than other
countries.
Explanation:
Absolute advantage is the capability of a commercial entity to produce goods using fewer resources compared to rivals. Using the same inputs, an entity with an absolute advantage produces a larger output compared to competitors. It means the firm has a lower marginal cost of production. Therefore, its products will have the lowest prices in the market.
The factory in Vietnam has an absolute advantage in producing shoes. It is using fewer resources than rivals to manufacture shoes, that why it is producing a higher quantity.
What question is asked along the horizontal axis of the markets-and-technology framework?
The question that is asked along the horizontal axis of the markets-and-technology framework is, Does the innovation build on existing technologies or create new ones?
An employer technology framework defines the era services and features (IT abilities) required to aid the business applications and statistics, which includes common (or shared) application offerings, not unusual records offerings, not unusual system services, network offerings, safety services, Platform services.
By the use of era, we can broaden the era-related functionality and also can integrate it with other technologies. but the framework is a set of libraries as a way to provide a scratch-level implementation using one or extra technology and also offers first-class lessened improvement time.
The technology framework is based totally on the idea that generation is an aid and the generation base of a company represents the technological information that wishes to become products, approaches, and offerings through technological capabilities advanced via effective TM.
Learn more about the technology framework here https://brainly.com/question/13844818
#SPJ4
The Downtown Parking Authority of Tampa, Florida, reported the following information for a sample of 250 customers on the number of hours cars are parked.Number of HoursFrequency1202493754455406137583250a-1 Convert the information on the number of hours parked to a probability distribution. (Round your answers to 3 decimal places.)a-2. Is this a discrete or a continuous probability distribution?multiple choiceDiscreteContinuousb-1. Find the mean and the standard deviation of the number of hours parked. (Do not round the intermediate calculations. Round your final answers to 2 decimal places.)b-2. How long is a typical customer parked? (Do not round the intermediate calculations. Round your final answer to 2 decimal places.)c. What is the probability that a car would be parked for more than 6 hours? What is the probability that a car would be parked for 3 hours or less? (Round your answers to 3 decimal places.)
The activities of the Downtown Parking Authority can be represented on a probability distribution table
a-1 Convert the table to a probability distribution
This is calculated as:
\(\mathbf{Probability = \frac{f}{Total}}\)
So, we have:
\(\mathbf{P(1) = \frac{25}{234} = 0.108}\)
\(\mathbf{P(2) = \frac{38}{234} = 0.162}\)
\(\mathbf{P(3) = \frac{51}{234} = 0.218}\)
And so on.
So, the table is:
\(\mathbf{\left[\begin{array}{ccc}x&f&P(x)\\1&25&0.108\\2&38&0.162\\3 & 51 & 0.218 & 4 & 45 & 0.192 & 5 & 20 & 0.085 & 6 & 14 &0.06 & 7 & 5 & 0.021 & 8 & 36 & 0.154 \end{array}\right] }\)
a-2 The distribution type
The number of hours is from 1 to 8, and all are given in whole numbers.
Discrete probability distributions are represented by whole numbers.
Hence, the distribution is a discrete continuous probability distribution
b-1. The mean and the standard deviation of the number of hours parked.
The mean is calculated using:
\(\mathbf{\bar x = \frac{\sum fx}{\sum f}}\)
So, we have:
\(\mathbf{\bar x = \frac{25 \times 1 + 38 \times 2 + 51 \times 3 + 45 \times 4 + 20 \times 5 + 14 \times 6 + 5 \times 7 + 36 \times 8}{234}}\)
\(\mathbf{\bar x = \frac{941}{234}}\)
\(\mathbf{\bar x = 4.02}\)
The standard deviation is calculated as:
\(\mathbf{\sigma = \sqrt{\frac{\sum f(x - \bar x)^2}{\sum f}}}\)
So, we have:
\(\mathbf{\sigma = \sqrt{\frac{25 \times (1 -4.02)^2+ 38 \times (2 -4.02)^2 + 51 \times (3 -4.02)^2 +.............+ 36 \times (8 -4.02)^2}{234}}}\)
\(\mathbf{\sigma = \sqrt{\frac{1124.8936}{234}}}\)
\(\mathbf{\sigma = \sqrt{4.80723760684}}\)
\(\mathbf{\sigma = 2.19}\)
Hence, the mean is 4.02 and the standard deviation is 2.19
b-2. How long is a typical customer parked?
This is the mean of the distribution.
In (a), we have:
\(\mathbf{\bar x = 4.02}\)
Hence, a typical customer is parked for 4.02 hours
c-1. The probability that a car would be parked for more than 6 hours
This is calculated as:
\(\mathbf{P(x > 6) = P(7) + P(8)}\)
So, we have:
\(\mathbf{P(x > 6) = 0.021 + 0.154}\)
\(\mathbf{P(x > 6) = 0.175}\)
Hence, the probability that a car would be parked for more than 6 hours is 0.175
c -2. The probability that a car would be parked for 3 hours or less?
This is calculated as:
\(\mathbf{P(x \le 3) = P(1) + P(2) + P(3)}\)
So, we have:
\(\mathbf{P(x \le 3) = 0.108 + 0.162 + 0.218}\)
\(\mathbf{P(x \le 3) = 0.488}\)
Hence, the probability that a car would be parked for 3 hours or less is 0.488
Read more about probabilities at:
https://brainly.com/question/11234923
QUESTION: Identify an example of the change in relative prices of two products.
pls help T o T
Answer: First lets start off with relative change. Relative changes shows the change of a value of an indicator in the first period and in percentage terms, ext. Relative change is calculated by subtracting the value of the indicator in the first period from the value of the indicator in the second period which is then divided by the value of the indicator in the first period and the result is taken out in percentage terms. The formula for relative change is very simple, and it is derived by initially deducting the initial value of the variable from the final value, then dividing the result by the initial value, and then finally multiplying by 100% to express in terms of percentage. Also
Explanation:
A small example in relative prices is In apple season, apples cost half as much as oranges. In orange season, oranges cost half as much as apples. Also to understand better, either market forces or government intervention, the relative price of goods and services does impact the allocation of resources used to produce these goods and services. A relative price is the price of one good compared to another. Resource allocation addresses how land, capital, and labor are spent in the production of goods and services. Since we went over that relative price is the price of something compared to something else. In other words, it is the ratio of two prices. Completely logical people will make purchasing decisions by considering the relative prices of their options. We can conclude that gas is $2.76 compared to the $3.02 of diesel . Now the gas is $0.26 cents cheaper than diesel. This is caused by the price to refine diesel compared to gas. Now that we have two simple example to show the basis of relative prices, you can clearly see the mean and definition of relative prices through the examples shown!
Sales of assets that are unique, such as real estate, are normally sold in which type of market?
Order-driven markets
Brokered markets
Price-driven markets
Sales of assets that are unique, such as real estate, are normally sold in brokered markets. Brokered markets, also known as negotiated markets, are characterized by transactions that involve the assistance of intermediaries or brokers. In these markets, buyers and sellers rely on the expertise and services of brokers to facilitate the transaction. Brokers help connect buyers and sellers, negotiate the terms of the sale, and assist in completing the transaction.
Real estate is a prime example of an asset that is typically sold in a brokered market. When individuals or organizations wish to buy or sell real estate properties, they often engage the services of real estate agents or brokers. These professionals have in-depth knowledge of the local market, help market the property, identify potential buyers or sellers, negotiate prices and terms, and guide the parties through the complex process of completing the sale.
In contrast, order-driven markets and price-driven markets are more commonly associated with standardized and easily tradable assets, such as stocks and commodities. In these markets, transactions are executed based on orders and prevailing market prices, without the involvement of intermediaries or brokers in individual transactions.
Learn more about Brokered markets here:
https://brainly.com/question/29766680
#SPJ11
Neil got mostly high marks on his last performance review. The needs improvement section read: needs to run ideas by co workers in advance. Could improve his relationships with other employees through better communication on roles for projects. What does neil need to work on?
Neil got mostly high marks on his last performance review. The needs improvement section read: needs to run ideas by co-workers in advance. Could improve his relationships with other employees through better communication on roles for projects. It has both rational and emotional components. Job satisfaction gives motivation to employees to work more.
Communication may be categorized into 3 primary types: (1) verbal communique, in which you concentrate on someone to understand their means; (2) written verbal exchange, in which you read their means; and (3) nonverbal verbal exchange, in that you study someone and infer that means. verbal exchange is a two-way system involving the following elements: a sender, a message, a medium, a channel, a receiver, a response, and remarks. but, it isn't enough to have just a majority of these elements; there must be cooperation and information between the 2 events concerned.
Everyone has a completely unique conversation style, a manner in which they interact and alternate statistics with others. There are four simple communique styles: passive, competitive, passive-aggressive, and assertive. it is essential to understand each communication style, and why individuals use them.
Learn more about Communication here:
https://brainly.com/question/26152499
#SPJ4
have u tried edgenuity
Answer:
No, I do odyssey ware
Explanation:
Answer:
yea but I wouldn't mind burning it...
Explanation:
the demand schedule for chicken feet, a dim sum delicacy served at some chinese restaurants, is shown in the table. although some people find the texture strange, others have developed a taste for it. price of chicken feet (per pound) quantity of chicken feet demanded (millions of pounds) in 2008 quantity of chicken feet demanded (millions of pounds) in 2018 $ 3.00 3.0 9.2 $ 2.50 3.2 9.9 $ 1.25 3.6 10.3 $ 1.00 4.1 12.2 $ 0.50 5.7 15.0 how many more chicken feet were demanded in 2018 , at a price of $3.00 a pound, than in 2008 ?
6.2 million more chicken feet were demanded in 2018 compared to 2008 at a price of $3.00 per pound.
To determine how many more chicken feet were demanded in 2018 than in 2008, specifically at a price of $3.00 per pound, we need to compare the quantities demanded for that specific price in both years.
In 2008, the quantity demanded at a price of $3.00 per pound was 3.0 million pounds.
In 2018, the quantity demanded at a price of $3.00 per pound was 9.2 million pounds.
To find the difference, we subtract the quantity demanded in 2008 from the quantity demanded in 2018:
Difference = Quantity demanded in 2018 - Quantity demanded in 2008
Difference = 9.2 million pounds - 3.0 million pounds
Difference = 6.2 million pounds
Therefore, 6.2 million more chicken feet were demanded in 2018 compared to 2008 at a price of $3.00 per pound.
This indicates an increase in demand for chicken feet over the years, as more people developed a taste for it despite the texture being considered strange by some. The higher quantity demanded suggests that the popularity of chicken feet as a dim sum delicacy has grown over time.
Learn more about quantity demanded here:
https://brainly.com/question/28463621
#SPJ11