acme widgets, inc. produces widgets by using labor and capital. the price of labor is $5 per unit and the price of capital is $10 per unit. at current output levels, the marginal product of labor is 10 widgets and the marginal product of capital is 40 widgets. to reduce the total cost of producing the current quantity of widgets, how should the firm change its spending on labor and capital?
Answers
The company will alter its spending on labor and capital, which will decrease and rise, to reduce the overall cost of producing the present quantity of widgets.
Why would someone utilize Capital One?
With its headquarters in McLean, Virginia, and its primary operations in the United States, Capital One Financial Corporation is an American bank holding corporation that specializes in credit cards, auto loans, banking, and savings accounts.
A excellent credit card is Capital?
Consumers and small business owners have access to some of the greatest cash-back and rewards credit cards through Capital One. Other cardholders can earn large benefits on regular spending with the Savor and Venture cards, which are ranked among Select's best dining and travel cards, respectively.
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Related Questions
Richard’s annual college expenses are expected to total $17,745. He will receive $5,320 in grants. How much will Richard need to contribute to his annual college expenses?
$11,425
$11,465
$12,425
$12,465
Answers
Answer:
$12,425
Explanation:
Richard we will contribute the difference between the expected annual expenses and the grant.
Expected expenses = $17,745
Grants, $5,320
Richard Contribution :
=$17,745 - $5,320
=$12,425
Answer:
the answer is C. 12,425
Explanation:
. All of the following are intentional torts except a intentional misrepresentation b constructive fraud c negligence d undue influence
Answers
When someone purposefully makes a false representation in order to persuade another person to act against their best interests, they have committed the civil wrong known as fraud.
Fraud involves a purpose to deceive, which implies that the misrepresentation was made by someone who knew it was untrue with the goal of getting another person to believe it.
Negligence is the failure to fulfil one's obligation, whereas intentional torts are when someone intentionally does something wrong.
The false statement must be substantial, which means it must have the potential to influence the other person's choice, and the maker of the false statement must be aware that it is untrue. The affected party may be entitled to seek compensation from the fraudster if these conditions are met.
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What is the danger of having a lot of debt?
(brainlyest)
Answers
Answer:
probably not paying it off in time or something
Explanation:
PLS HELP!!! Sarah wants to advance her career as a customer service representative for an IT company. What is one
means that will help her achieve this goal?
open her own business
O join a professional association
acquire a computer science certification
focus on activities rather than accomplishments
Answers
Answer:
join a professional association
Explanation:
A policy for small businesses that do not qualify for a BOP that combines property insurance and commercial general liability insurance is called a
Answers
Answer: Commercial Package Policy
Explanation: A Commercial Package Policy (CPP) is an insurance policy that combines coverage for multiple perils, such as general liability and property risk
A BOP is designed for more smaller businesses with less risk, while a Commercial Package policy is meant for a more risky business, or a business that needs more customized coverages.
Many organizations use the same process capability standard for all their products or services (e.g., 1.33), but some companies use multiple standards: different standards for different products or services (e.g., 1.00, 1.20, 1.33, and 1.40). what reasons might there be for using a single measure, and what reasons might there be for using multiple standards
Answers
The reasons to use single measure and multiple standards are given below.
The reasons for using a single measure and multiple standards are:The use of a single-item measure decreases the possibility of common method variance, which occurs when misleading correlations are seen due to the usage of the same response format rather than item content. Furthermore, the face validity of the single-item measure should not be overlooked.Standards ensure the safety, quality, and dependability of products and services; they facilitate trade and safeguard our and the environment's health. Standards in business improve systems and processes by reducing waste, lowering costs, and ensuring uniformity.Standards also help to rationalize and minimize production costs, which helps to meet consumer demands for low-cost services while retaining high quality. Standards specify quality and minimum criteria and give accepted solutions for consumer, health, safety, and environmental protection.Therefore, the reasons for using the single measures and multiple standards are given.
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What was the first publicly traded u. S. Company to reach a $1 trillion market cap?.
Answers
Answer:
The first publicly traded U.S. Company to reach $1 trillion in markets would be Apple on August 2, 2018.
Explanation:
May I have Brainliest please? My next rank will be the highest one: A GENIUS! Please help me on this journey to become top of the ranks! I would really appreciate it, and it would make my day! Thank you so much, and have a wonderful rest of your day!
The set of business activities that add value to goods and services sold to the end consumer is referred to as ______. Multiple choice question. merchandising
Answers
The set of business activities that add value to goods and services sold to the end consumer is referred to as : Merchandising
What is merchandising?Merchandising refers to what is done to promote and sell products once the potential customer is in the store. It is the promotion of the sale of goods that can employ pricing, special offers, display and other techniques designed to influence consumers.
Merchandising consist of any practice which contributes to the sale of products to a retail consumer.
Merchandising includes but not limited to:
Auto dealershipsClothing storesSupermarketsTherefore, the set of business activities that add value to goods and services sold to the end consumer is referred to as merchandising.
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Please read the following case study carefully and answer the questions that follow.
When Stephanie Mayer first started working as an office assistant with AOC Enterprises Limited, she was eager and enthusiastic. She was determined to prove herself a valuable employee, so she willingly accepted additional duties and responsibilities. She eventually found that she had more work than she could manage and was unable to type some essential documents before they were due. She told her supervisor that she had placed them on her desk the previous evening, but apparently someone had moved them. When reprimanded by her supervisor, she became offended and reminded him how much she usually does for the business. She withdrew her enthusiasm and began complaining that her boss was ungrateful.
List THREE positive and THREE negative qualities that Stephanie displayed. (6points)
State TWO poor decisions Stephanie made. (2 points)
Suggest THREE ways in which Stephanie could have prevented this conflict. (6 points)
Explain how the business can be affected by the deterioration of the relationship between Stephanie and her supervisor. (4 points)
Answers
The positive qualities that Stephanie displayed include passion, determination, self-reliance while the negative qualities that she displayed include impatience, apathy, and lack of respect.
The poor decisions that were made by Stephanie include:
Complaining about how ungrateful her supervisor was.Shouting back at her supervisor rather than trying to resolve the issue.The ways that Stephanie could have prevented this conflict include:
Explaining what really happened to her supervisor.Not complaining about the ungratefulness of her boss.She could have been patient as well rather than confronting her supervisor.The deterioration of the relationship between Stephanie and her supervisor can bring about disunity in the workplace and this can lead to lower productivity.
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BOB611 110 marks 2. Unfreezing invosist change because they want to maintain stability. implementing solutions. 3. Social contract has no obligation to the society. 4. Consumer safety is an issue of business ethics. psychology. 6. Managers do not consider the importance and functions of attitudes to be valuable in distinguishing individuals. 7. Personality appraisal is not an effective technique of appreciating the distinctive ways in which a person understands and responds to the world according to idiographic method. 8. Classical conditioning is not a learning theory. 9. The nature of the association between the perceiver and the other person inspires the exactness of interpersonal perception and the judgments made about other people. 10. Munford identified five contractual areas namely the task structure contract, the ethical contract, the efficiency-rewards contracts, the psychological contract and the knowledge contract.
Answers
Here are the answers for each of the statements provided in the question:2. Unfreezing is an initial stage of change that involves preparing a company to accept that change is necessary and that it is coming. In order to maintain stability, companies should implement solutions that can help them to navigate change successfully.
3. A social contract is an agreement that people have with one another to abide by certain rules and to fulfill certain obligations. While social contracts may not have legal obligations to society, they do play an important role in helping to maintain order and stability. 4. Consumer safety is an issue of business ethics that is concerned with ensuring that products and services are safe for consumers to use. Companies have a moral and ethical responsibility to ensure that their products do not harm consumers. 6. Attitudes are important because they can affect how individuals respond to situations and make decisions. Managers need to consider the importance and functions of attitudes to be valuable in distinguishing individuals. 7. Personality appraisal is an effective technique of appreciating the distinctive ways in which a person understands and responds to the world according to idiographic method. It involves assessing an individual's personality traits and characteristics to gain insight into their behavior and decision-making processes.8. Classical conditioning is a learning theory that involves the association of two stimuli in order to produce a response.
It is based on the idea that behaviors can be learned through the repeated pairing of a conditioned stimulus with an unconditioned stimulus. 9. The nature of the association between the perceiver and the other person can impact the accuracy of interpersonal perception and judgments. This is because people tend to perceive others based on their own biases and expectations. 10. Munford identified five contractual areas: the task structure contract, the ethical contract, the efficiency-rewards contract, the psychological contract, and the knowledge contract. These contracts help to define the expectations and obligations that individuals have within an organization.
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A quality control procedure at a manufacturing plant involves randomly selecting five items and accepting a whole lot of at least four of the five items are in perfect condition. From past experiences 59.049% of whole lots are perfect. What is the probability that the next lot will be excepted?
Answers
Answer:
0.32072
Explanation:
Given that :
Number of items selected, n = 5
P(x ≥ 4)
Using binomial relation :
P(x =x) = nCx * p^x * (1 - p)^(n - r)
p = 0.59049 ; 1 - p = 0.40951
P(x ≥ 4) = P(4) + P(5)
P(x = 4) = 5C4 * 0.59049^4 * 0.40951^1 = 0.24893
P(x = 5) = 5C5 * 0.59049^5 * 0.40951^0 = 0.07179
P(x ≥ 4) = P(4) + P(5)
P(x ≥ 4) = (0.24893 + 0.07179) = 0.32072
Of the following, who must have a real estate license?
A) owner of the property being sold or leased
B) executor of an estate
C) bankruptcy trustee or any person acting under court order
D) property manager
Answers
Property manager must have a real estate license.
So, the correct answer is D.
Understanding real estate licenseIn general, a real estate license is required for anyone who engages in activities related to buying, selling, leasing, or managing real estate for others.
Therefore, option D - property manager - must have a real estate license in most states. However, the other options listed do not necessarily require a real estate license.
The owner of the property being sold or leased may choose to sell or lease their own property without a license. The executor of an estate may also sell or transfer property without a license, as long as they are not engaging in these activities as a business.
Similarly, a bankruptcy trustee or any person acting under court order may sell or transfer property without a license, as long as it is not part of their regular business activities.
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What is marketing? Help pls
Answers
what is the difference of communism and socialism?
Answers
For socialism there is limited Private owner ship, government and private entities,Limited class distinctions and production for societal needs .
Cindy Haskins is paid $9.00 an hour. Her overtime rate is 2 times (double time) her regular hourly rate. This week Haskins worked her regular 40 hours plus 8 hours of overtime. What is her total pay?
Answers
Her entire compensation is $504.
The term "total pay" means what?Total Pay is the sum of a worker's regular straight-time pay or base salary plus any additional wages received for overtime, shift differentials, incentive pay, bonuses, and other special payments.
The following formula will be used to determine Cindy Haskins' total compensation:
Hourly Payment per hour= $9.00
Hours worked= 40 hours
Payment = 40 X 9 = $360
Overtime payment per hour = $9.00 X 2= $18
Overtime = 8 hours
Payment = 18 X 8= $ 144
Total Payment= $360 + $144= $504
How do you figure up total pay?The number of hours worked multiplied by the hourly wage of an employee is how gross wages for hourly workers are determined. For instance, if a worker does 25 hours per week of part-time employment at a wage of $12, their gross compensation would be $300 (25 x $12 = 300).
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Question:
Which job title describes a person with a career in natural resources?
•production manager
•architectural engineer
•environmental scientist
•tile setter
Answers
Answer: its environmental scientist
Explanation:
HD radio: a. is made possible by a small satellite transmitter in special radios. b. makes it possible for radio stations to transmit real-time text-based information services as well as programming. c. eliminates advertising. d. is only available in subscription form from certain car companies. e. broadcasts overseas stations in the US.
Answers
Answer:
b. makes it possible for radio stations to transmit real-time text-based information services as well as programming.
Explanation:
HD radio is a technical term used in describing the high definition of radio. It is characterized by its ability to transmit digital information or in-band on the channel. It is a better option compared to AM or FM radio.
Hence, considering the available options, the correct answer, in this case, is that HD radio "makes it possible for radio stations to transmit real-time text-based information services as well as programming."
how much candy, by weight, is sold in the u.s. during the halloween season?
Answers
According to the National Confectioners Association, approximately 2.6 billion pounds or 1.3 million tons of candy are sold in the United States each year during the Halloween season. This translates to roughly 150 pounds of candy sold per second.
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Today you deposit X dollars to your savings account and make no additional deposits. How long will it take to double your savings if you earn 3.6 percent interest, compounded annually?
A. 17.78 years
B. 18.04 years
C. 18.67 years
D. 19.42 years
E. 19.60 years
Answers
To determine how long it will take to double your savings with a 3.6 percent interest rate, compounded annually, we can use the formula for compound interest: A = P(1 + r/n)^(nt)
Where:
A = the future value of the investment (twice the initial deposit)
P = the principal amount (initial deposit)
r = annual interest rate (3.6%)
n = number of times the interest is compounded per year (in this case, annually)
t = time in years
In this case, we want to find the value of t when A is equal to 2P (twice the initial deposit). We can set up the equation as follows:
2P = P(1 + 0.036/1)^(1*t)
Simplifying the equation, we have:
2 = (1 + 0.036)^t
Taking the natural logarithm (ln) of both sides of the equation to isolate t, we get:
ln(2) = t * ln(1 + 0.036)
Now, divide both sides of the equation by ln(1 + 0.036) to solve for t:
t = ln(2) / ln(1.036)
Calculating the value on a calculator, we find:
t ≈ 18.04
Therefore, it will take approximately 18.04 years for your savings to double with a 3.6 percent interest rate, compounded annually.
The correct answer is B. 18.04 years.
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Sam has been working in the same position without any promotion or salary increase for 2 years. He currently makes $45,000 per year, but he thinks that someone with his experience should make $50,000. During his annual appraisal, he approaches the topic with his boss. Sam asks for a $10,000 a year raise. His boss says that the current budget cannot support such an increase. Sam then asks for a $5,000 a year raise, and his boss agrees. Which technique did Sam use to attain compliance from his boss
Answers
Answer:
The door in the face technique
Explanation:
With the information provided, the answer is that Sam used the door in the face technique because this is a method in which a person tries to convince another one of something by making a big demand that is unreasonable and that will be denied, so the person will accept another request that is reasonable and this is what Sam did as he requested a $10,000 a year raise that was denied and then, asked for a $5,000 a year raise that his boss accepted.
Regina, Brock, and Sean are website designers who have been tasked to create a new website together.
This is an example of:
alliance
collaboration
punctuality
relationship
Answers
Answer:
B: Collaboration
Explanation:
I took the test
Answer:
B: Collaboration
Explanation:
I took the test
Find a product demonstration that educates people about a particular product. Describe that demonstration. Evaluate the demonstration by explaining whether it educated you about the product or simply tried to persuade you to buy the product
Answers
Answer:
An Example of a product demonstration is Scrub Daddy.
Explanation:
Scrub Daddy is the most successful product from the hit television show Shark Tank with more than $100 million in retail sales. It became popular due to the founder's simple and effective presentation that was all about clearly demonstrating it's benefits instead of being a 'sales person'
The scrub daddy makes it easier to wash dishes and sensitive crockery. If it is placed in cold water, it becomes hard, making it useful to scrub greasy surfaces. However, under hot water, it becomes soft which is excellent for expensive China etc.
He demonstrated this in front of the TV cameras clearly with props and tools and quickly won a large dedicated audience.
Answer:
Answer:
An Example of a product demonstration is Scrub Daddy.
Explanation:
Scrub Daddy is the most successful product from the hit television show Shark Tank with more than $100 million in retail sales. It became popular due to the founder's simple and effective presentation that was all about clearly demonstrating it's benefits instead of being a 'sales person'
The scrub daddy makes it easier to wash dishes and sensitive crockery. If it is placed in cold water, it becomes hard, making it useful to scrub greasy surfaces. However, under hot water, it becomes soft which is excellent for expensive China etc.
He demonstrated this in front of the TV cameras clearly with props and tools and quickly won a large dedicated audience.
Explanation:
determine if Pepsi and Coca Cola are a duopoly
Answers
Answer:
The soft drink industry is a duopoly with differentiated products. Two firms, Coca-cola and Pepsi, compete through Cournot quantity-setting competition. Denote the quantity that Coca-cola and Pepsi produce by Q1 and Q2, respectively. The demand curve for the industry is P = 10 – Q1 – 2Q2.
Explanation:
SITHIND201.docx - Assessment 1 The hospitality industry is..., https://www.coursehero.com/file/156834072/SITHIND201docx/.
Answers
The hospitality industry revolves around providing services and creating memorable experiences for customers. It is a dynamic and fast-paced industry with numerous career opportunities.
The link you provided is to a document titled "SITHIND201.docx" which seems to be related to an assessment in the hospitality industry. Unfortunately, I cannot access the content of the document directly. However, based on the title, I can provide you with a general understanding of the hospitality industry.
The hospitality industry encompasses various sectors, such as hotels, restaurants, resorts, and tourism. It involves providing services to customers who are away from their homes or localities. The industry's main focus is on creating positive guest experiences and ensuring customer satisfaction.
In this industry, customer service is crucial. Employees need to possess excellent communication and interpersonal skills to interact effectively with guests. Additionally, attention to detail, problem-solving abilities, and a positive attitude are highly valued.
Furthermore, the hospitality industry offers diverse career opportunities, including front desk operations, food and beverage service, housekeeping, event planning, and management roles. Each sector requires specific skills and knowledge.
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When economists say the quantity supplied of a product has decreased, they mean thea.) supply curve has shifted to the left.b.) supply curve has shifted to the right.c.) price of the product has risen, and consequently, suppliers are producing more of it.d.) price of the product has fallen, and consequently, suppliers are producing less of it.
Answers
When economists say the quantity supplied of a product has decreased, they mean that the supply curve has shifted to the left. Therefore, option (A) is correct.
What is a supply curve?A supply curve is a graphical representation of the relationship between the quantity of a product that suppliers are willing and able to sell at different prices. It slopes upward, indicating that as the price of a product increases, the quantity supplied also increases.
A decrease in quantity supplied means that at the current market price, suppliers are willing and able to supply less of the product than before. This can occur due to various factors such as an increase in production costs, a decrease in technology or efficiency, or a decrease in the number of suppliers in the market. As a result, the supply curve shifts to the left, indicating that suppliers are willing to supply fewer units of the product at each price level.
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if consumers expect their future income to be lower, they may reduce their current consumption, which would shift the aggregate demand curve to the
Answers
If consumers expect their future income to be lower, they may reduce their current consumption, which would shift the aggregate demand curve to the left.
The following is the impact of changes in aggregate demand: When there is an increase in aggregate demand, the aggregate demand curve shifts to the right.
A reduction in aggregate demand, on the other hand, results in a leftward shift of the curve.
Factors that can cause changes in aggregate demand include changes in government policy, changes in net export values, and changes in investment and consumer behavior.
When the economy is in equilibrium, the aggregate demand curve and the aggregate supply curve intersect, resulting in an equilibrium level of GDP (Gross Domestic Product).
In the event that the aggregate demand curve shifts to the left, the equilibrium level of GDP will decline. Alternatively, if the aggregate demand curve shifts to the right, the equilibrium level of GDP will increase.
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If a consumer has a mortgage loan, a student loan, and a car loan in addition to a credit card account, he may score higher in which credit score category?.
Answers
If a customer has a loan mortgage, a pupil mortgage, and a automobile mortgage similarly to a credit score card account, Most elegant forms of mortgages and car loans are considered secured credit score, because of the reality the loan holder can take ownership of your house or automobile in case you do now no longer pay as agreed.
On the unique hand, an unsecured mortgage or line of credit score does not require any collateral.
What determines your credit score?
How an extended manner behind you're on a bill payment, the variety of debts that show off overdue bills and whether or not you've got added the debts current are all factors. The better your wide variety of on-time bills, the better your score will be. Every time you leave out a payment, you negatively have an impact in your score.
Although ranges variety relying at the credit score scoring model, commonly credit score rankings from 580 to 669 are taken into consideration fair; 670 to 739 are considered good; 740 to 799 are taken into consideration very good; and 800 and up are taken into consideration excellent.
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How many francs is the tariff (“protecting duty”) that is added to a product that ends with a product that is priced 40 francs in paris?
Answers
Answer:
25
Explanation:
One of the LEAST effective supplier strategies for lean systems is:____________
A. smaller, more frequent stock shipments.
B. a short-term, competitive relationship between the company and the supplier.
C. use of local suppliers.
D. to include suppliers during the product design phase.
Answers
Option B is correct. One of the least effective supplier strategies for lean systems is short-term competition between the company and the supplier.
What is a lean supply system?Lean supply chain management consistently eliminates non-value-added time and consistently shortens lead times at all stages of the supply chain, from raw material production by suppliers to delivery of finished goods to end users.
What is ultimate goal of lean systems?The goal of all lean systems is to maximize customer profits. Lean thinking can greatly improve the productivity and functioning of teams and departments, but implementing Lean across an organization has the greatest impact on customers.
What does lean system do with suppliers?Lean systems typically require suppliers to be able to deliver large lots on a regular basis. Lean systems require suppliers who often deliver small batches. Lean buying requires frequent contract offers from multiple sources to ensure competitive pricing for buyers.
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Which is the most effective way to discover customers' needs? multiple choice question. regulatory oversight marketing research using social media selecting a target market
Answers
The correct answer is option B. The most effective way to discover customers' needs is marketing research.
A customer need is an unmet need that drives them to buy a good or service. The need itself is what ultimately influences the solution the consumer chooses to purchase, whether it is known (that is, the customer can express it verbally) or not.
Information that is pertinent to decision-making is provided by marketing research, which benefits marketing management. Marketing research neither determines the course of action nor ensures success. Instead, market research assists in lowering the level of confusion surrounding the choices to be made.
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