When one tennis ball producer exits the market, there will be a few changes that take place. The market will be less competitive because there is one less player in it. This will increase the market power of the remaining tennis ball producers.
As a result, they will be able to charge a higher price for their products because there are fewer producers in the market. The price of tennis balls will rise because the supply of tennis balls has decreased, but the demand has remained constant. When a producer exits the market, there will be less supply of tennis balls, which will make it difficult for consumers to find the same quality of tennis balls. This shortage of supply will cause the price of tennis balls to increase. However, if the producer who exits the market was a low-cost producer, then the price of tennis balls may decrease because the remaining producers will have a lower cost of production.
This will allow them to charge a lower price for their products and still make a profit. In conclusion, when one tennis ball producer exits the market, the remaining producers will have more market power and will be able to charge a higher price for their products. This will lead to an increase in the price of tennis balls, but the price may decrease if the producer who exits the market was a low-cost producer.
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Several companies produce latex gloves that are used in a variety of different industries. If one of the glove manufacturers decreases its price by just a few percentage points, it will result in a significant increase in quantity demanded. The demand for latex gloves is:
Answer: elastic
Explanation:
From the question, we are told that several companies produce latex gloves which are used by different industries. We are further told that when one of the glove manufacturers reduces its price by just a few percentage points, this will result in a significant increase in quantity demanded.
Based on the explanation above, we can reduce that the demand for latex gloves is elastic. Elastic demand occurs when a change in price brings about a large change in the quantity demanded of a particular product. This is the scenario that happened regarding the latex gloves.
Why is cyanide heap leaching used to extract gold from some deposits?
Cyanide heap leaching is a method used to extract gold from low-grade ore deposits. This process involves the use of cyanide, a highly toxic chemical, to dissolve and extract gold from the ore. The main reasons why cyanide heap leaching is used to extract gold from some deposits include:
Low-grade ore: Cyanide heap leaching is often used to extract gold from low-grade ore deposits, which contain small amounts of gold that are not economically viable to extract using other methods.
Cost-effective: Cyanide heap leaching is a cost-effective method of extracting gold from low-grade ore deposits. The process is relatively simple and can be carried out on a large scale, making it an attractive option for mining companies.
High gold recovery rates: Cyanide heap leaching has high gold recovery rates compared to other methods of extracting gold from low-grade ore deposits. This is because the cyanide solution can penetrate the entire heap of ore, allowing for efficient extraction of gold.
Versatility: Cyanide heap leaching can be used to extract gold from a wide range of ore types, including oxide, transitional, and sulfide ores.
While cyanide heap leaching has some advantages for extracting gold from low-grade ore deposits, it also has significant environmental and health risks. Cyanide is highly toxic and can cause serious harm to humans, wildlife, and aquatic ecosystems if not handled properly. The use of cyanide heap leaching is highly regulated and mining companies must take extensive measures to minimize the environmental and health risks associated with this process.
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Bendel Inc. Has an operating leverage of 4. 7. If the company's sales increase by 12%. Its net operating income should increase by about:_______
Bendel Inc. Has operating leverage of 4. 7. If the company's sales increase by 12%. Its net operating income should increase by about 56.4%
Percentage change in net operating income = Degree of operating leverage × Percentage change in sales
= 4.7 x 12%
= 56.4%
An accounting term known as operating income measures the amount of profit made from a company's operations after operating costs like salaries, depreciation, and cost of goods sold has been subtracted.
Operating income, also known as income from operations, is calculated by deducting all operating costs from a company's gross income, which is equal to total revenue minus the cost of goods sold. Operating costs are those incurred by a business during regular business operations and include things like office supplies and utilities.
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Qua E. Differentiate between the terms Public Sector and Private Sector
Answer:
The Public Sector consists of businesses that are owned and controlled by the government of a country. The ownership and control of the central or state governments in these organisations are either complete or partial. But it still holds a majority stake and makes every single decision regarding running the entity. These organisations include government agencies, state-owned enterprises, municipalities, local government authorities and other public service institutions.
Some of them can be non-profit organisations while others participate in commercial activities as well. It generally focuses on providing goods and services to the general public at relatively cheaper rates than private companies. Its main aim is to ensure the welfare of the general public within a country.
Explanation:
The Private Sector enterprises are owned, controlled and managed either by individuals or business entities. It can be small-scale, medium-scale or even large-scale organisations. These get formed to earn a profit from their business operations, and they can raise funding from individuals, groups, and the general public.
The different entities within the private sector include sole proprietorship, partnership, cooperative societies, companies and multinational corporations. They also focus on taking care of the needs of their customers to survive in the long run. Ever since the introduction of the New Economic Policy in 1991 by the Government of India, almost every industry in the country has opened up to the private sector. It has led to a phenomenal increase in the size of the Indian economy and its growth rates.
Which type of borrowing option would most likely result in the borrower
paying the highest amount of interest?
A. A card with a high compound interest rate
OB. A card with a low simple interest rate
ООО O
C. A card with a low compound interest rate
D. A card with a high simple interest rate
Answer:
A. A card with a high compound interest rate
Explanation:
it is most likely to result in the borrower
Why is money management important? How would you rate your own money management?
Answer:
because it has money
Explanation:
Answer:
Money management is important because you should have a balance of bills to pay, and money you keep for fun. If you don't have this then you might have to pay to much money for bills, and you not having enough to pay them off.
Explanation:
Time periods for a goal include which of the following? short-term mid-term intermediate-term long-term
Answer:
1. short-term
2. mid-term
3. long-term
Explanation:
Goals can be classified depending on the time taken to accomplish them. In this classification, three categories emerge.
Short-term goals are goals that take less than one year to achieve. They may take a day, two days, weeks, months but not more than 12 months.
Midterm goals usually take between one year and five years to accomplish. They form a link between the long term and short term goals.
Long term goal takes more than five years and beyond to accomplish. Some may even take a lifetime. To achieve long-term goals, they are split into smaller, easy to manage short and midterm objectives.
Answer:
1. short-term
2. mid-term
3. long-term
Explanation:
A permanent steel building used for the overhaul of dewatering systems (engines, pumps, and wellpoints) is placed in service on July 10 by a calendar-year taxpayer for $400,000. It is sold almost 5 years later on May 15. Determine the depreciation deduction during each of the years involved.
Determine the unrecovered investment during each of the years involved.
The amount of depreciation deduction during each of the years involved, and the unrecovered investment during each of the years involved for a permanent steel building used for the overhaul of dewatering systems that is placed in service on July 10 by a calendar-year taxpayer for $400,000 and is sold almost 5 years later on May 15
We need to determine the depreciation deduction during each of the years involved and also determine the unrecovered investment during each of the years involved.
Depreciation: The mid-month convention applies to the building. We use the MACRS depreciation method.
Year 1: 2016 Depreciation deduction: 6/120 × $400,000 = $20,000
Year 2: 2017 Depreciation deduction: 12/120 × $400,000 = $40,000
Year 3: 2018 Depreciation deduction: 12/120 × $400,000 = $40,000
Year 4: 2019 Depreciation deduction: 12/120 × $400,000 = $40,000
Year 5: 2020 (Sales year) Depreciation deduction: 5/120 × $400,000 = $16,667
Unrecovered Investment:
Unrecovered investment at the end of Year 1 = $400,000 - $20,000 = $380,000
Unrecovered investment at the end of Year 2 = $380,000 - $40,000 = $340,000
Unrecovered investment at the end of Year 3 = $340,000 - $40,000 = $300,000
Unrecovered investment at the end of Year 4 = $300,000 - $40,000 = $260,000
Unrecovered investment at the end of Year 5 (Sales year) = $260,000 - $16,667 = $243,333
So, The depreciation deduction during each of the years involved:
Year 1: $20,000
Year 2: $40,000
Year 3: $40,000
Year 4: $40,000
Year 5: $16,667
Unrecovered investment during each of the years involved:
Unrecovered investment at the end of Year 1 = $400,000 - $20,000 = $380,000
Unrecovered investment at the end of Year 2 = $380,000 - $40,000 = $340,000
Unrecovered investment at the end of Year 3 = $340,000 - $40,000 = $300,000
Unrecovered investment at the end of Year 4 = $300,000 - $40,000 = $260,000
Unrecovered investment at the end of Year 5 (Sales year) = $260,000 - $16,667 = $243,333
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For an ethics and compliance program to properly function, a.it is not necessary to set measurable program objectives. b.the company must wait until after misconduct occurs to develop a means of preventing it. c.consistent enforcement and disciplinary action are essential. d.employees must be monitored using any means necessary. e.the same program should be used in all countries of operation, regardless of cultural differences.
Consistent enforcement and disciplinary action are essential for an ethics and compliance program to function properly.
What is the importance of organizational ethics?A company's policies and codes of ethics serve as a guide for employee behavior, creating an environment focused on development, respect and collaboration.
Therefore, ethics must be coordinated, controlled and reviewed to be consistent with a positive organizational culture.
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technological advances allow smaller companies to compete with larger companies. group of answer choices true false
True, Technological advances allow smaller companies to compete with larger companies.
What is company?
A company is a legal entity created by a group of people to conduct and manage a business enterprise, whether it be commercial or industrial. Depending on the corporate law of its jurisdiction, a company may be set up in a variety of ways for tax and financial liability reasons. The type of business structure a company chooses, such as a partnership, sole proprietorship, or corporation, will typically depend on the industry it operates in. The ownership structure of the business is also indicated by these structures. Additionally, they can tell private from public companies. Both have different ownership arrangements, laws, and rules regarding financial reporting.
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write the importance of WTO
Answer:
In brief, the World Trade Organization (WTO) is the only international organization dealing with the global rules of trade. Its main function is to ensure that trade flows as smoothly, predictably and freely as possible.
Explanation:
this is the importance I think it could have.
A negative net present value indicates that the project’s return is ________.
A negative net present value indicates that the project’s return is net loss
What is a net present values?A net present values is a total sum of money that is currently available. It may be in terms of assets or revenue generated.
When there is a negative net present value, it means the revenues generated is lower that the cost of a project. This invariably leads to a loss for a particular company.
Hence a negative net present value indicates that the project’s return is net loss
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what is business development
ACTUAL EXPLANATIONS ONLY PLEASE // You project revenue to start at $5,000 for the first month and grow by $200 each month thereafter. You project expenses
to begin at $7,000 per month and grow by $50 per month. In what month will you break even (revenue equal to expenses)?
Answer:
13.33
Explanation:
We have to write 2 equations to set equal to each other.
The first one will look like this:
200x + 5,000
The x will go with the 200 because the project revenue grows by $200 each month thereafter the start of $5,000.
The second equation will look like this:
50x + 7,000
The project begins at $7,000 and grows by $50 every month so the x will go with the 50.
Now, set them equal to each other
200x + 5,000 = 50x + 7,000
Solve
150x + 5,000 = 7,000
150x = 2,000
x = 13.333
Therefore, in the thirteenth month the project will breakeven.
Hope this helps!!
- Kay :)
Define direct advertising
Answer:
Explanation:
Direct marketing is a form of communicating an offer, where organizations communicate directly to a pre-selected customer and supply a method for a direct response. Among practitioners, it is also known as direct response marketing. By contrast, advertising is of a mass-message nature.
Adya, a media planner, switches to a new job at her company that involves more responsibility and an increase in compensation. This transition would typically be considered
The transition of Adya involves more responsibility and an increase in compensation and is known as a promotion.
What is a promotion?A promotion at workplace simply involves a step up the ladder and a increase on responsibility at the workplace.
In this case, the transition of Adya involves more responsibility and an increase in compensation and is known as a promotion
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west trendia has computed its cpi for three years, using 2016 as the base year. instructions: round your answers to one decimal place. 2015 2016 2017 cpi 97 100 96 what was the rate of inflation between 2015 and 2016?
Rate of inflation between 2015 and 2016 is 16.3%, Rate of inflation Between 2016 and 2017 is 12%, Rate of inflation Between 2015 and 2017 is 30.2%. The CPI, or Consumer Price Index, is a measure of the average change in prices of goods and services over time.
Inflation is the rate of price growth over a predetermined period. Inflation is often measured in broad terms, such as the general rise in prices as well as the rise in a nation's cost of living.
In the field of economics, inflation refers to an increase in the overall cost of services and products in a country. Each unit of cash may purchase fewer products and services as the overall cost rises, hence inflation is associated with a decline in the value given money.
When prices of products and services grow broadly rather than simply for specific items, it is said to be experiencing inflation.
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Daniel, a member, is a CPA and has been licensed since 20X1. In 20X4, Daniel decided to attend law school and was admitted to his State Bar in 20X7. Daniel maintains both licenses and currently practices as both a CPA and a lawyer. According to the Code of Professional Conduct, which of the following is true?
A) The Code explicitly prohibits the simultaneous practice of accounting and law by a member licensed in both professions.
B) The Code does not explicitly prohibit the simultaneous practice of accounting and law by a member licensed in both professions.
C) The Code allows Daniel to represent himself on his letterhead as both a CPA and an attorney.
D)The Code explicitly states that a member should refer to applicable state accountancy laws and board of accountancy rules and regulations for guidance regarding the use of the CPA credential and, as such, the issue is not explicitly addressed in the Code.
It is to be noted that where Daniel, a member, is a CPA and has been licensed since 20X1, then in 20X4, Daniel decided to attend law school and was admitted to his State Bar in 20X7, if he maintains both licenses and currently practices as both a CPA and a lawyer, According to the Code of Professional Conduct, it is correct to state that "The Code does not explicitly prohibit the simultaneous practice of accounting and law by a member licensed in both professions." (Option B).
What is the code of professional Conduct?A professional code of behavior is a document that instructs employees on how to act on behalf of their firm. A code of conduct may include aspects such as the company's ideals, disciplinary procedures, and obligations.
A professional accountant should be fair and specific in all professional and business dealings, according to the CPA code of conduct. A professional accountant should not let others' bias, conflict of interest, or undue influence overcome professional or commercial judgments.
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Under the Investment Advisers Act of 1940, cash payment to a broker-dealer from an investment adviser in return for client referrals is A) not permitted under any circumstances B) permitted with no restrictions C) permitted if the investment adviser makes certain disclosures to the clients and meets other requirements D) permitted if the investment adviser and broker-dealer are affiliated
Answer:
It's A.
Explanation:
bonds that require payment of the full principle amount of the bond at the end of the loan term are referred to as
The type of bonds which requires payment of the full principal amount of the bond at the end of the loan term is known as Term bond.
The Term bond are debt securities which are issued by companies or government to investors with scheduled maturity dates.
In other word, the term bond matures on a specific date in the future.
The period of term bond is the between the time of bond's issuance and the scheduled maturity period.
Therefore, in conclusion, the term bond is the bond requires payment of the full principal amount of the bond at the end of the loan term.
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Which of the following circumstances is most likely to reduce one's standard of living?
1. An increase in the cost of some goods such as escalating gasoline prices.
2. A decrease in the cost of some goods such as a decrease in housing prices.
3. Stable prices and an increase in employee wages.
4. Losing your job, but gaining a sizeable inheritance.
Answer:
1. An increase in the cost of some goods such as escalating gasoline prices.
Explanation:
The standard of living refer to a comfort level, the goods, and the material, necessities and wants that are available to a person
In case when there is a decline in standard of living so it is due to the increased in price as it reduced the purchasing power of the consumer
If the price of the goods increased, then the quantity demanded decreased as per the law of demand
Therefore in the given case, the option A is correct
This table can be used to organize Gigi’s credit card balances and payments over 6 months. The annual percentage rate on the credit card is 14%. Gigi’s Credit Card Payments Month Balance Payment Interest Rate Interest Charged 1 $650 $300 0.01167 $4.08 2 $354.08 $50 0.01167 3 $307.63 $50 0.01167 4 $260.64 $50 0.01167 5 $213.10 $50 0.01167 6 $165 $50 0.01167 What is the amount of interest charged for the first 6 months? $
Answer:
-16.34
Explanation:
Disclaimer: I am not sure, sorry. It might be -16.34, 16.34, or 15.75. Once again, sorry.Answer:
$16.34
Explanation:
HAVE A GOOD DAY!!!!
If you plot one point incorrectly and the others correctly, you will receive partial credit for that object.a. Trueb. False
The statement 'If you plot one point incorrectly and the others correctly, you will receive partial credit for that object' is false as you will receive no credit.
It is important to remember that when plotting points or objects on a graph, accuracy is critical. If you get even one point wrong, you will not receive any credit for that object.
It does not matter how accurately the other points are plotted – if you make one mistake, you will not receive any credit for that object.
Therefore, it is important to always double-check your work and make sure that all points are plotted correctly.
If you make an error when plotting a point, you will not receive any credit for that object, regardless of how accurately you plot the other points.
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One benefit of a savings account is that you can earn interest on your deposits
O True
O False
Answer:
O True
Explanation:
A savings account offers a safe and secure platform for firms and households to save money. Savings accounts are offered by financial institutions such as banks and credit unions. When customers open savings accounts, they save by depositing money in their savings accounts.
Banks and credit unions require customer deposits to create loans for other customers. They encourage customers to save by offering interest on savings or deposits. It is true that banks pay interest on customer savings.
enter the number of days in you claim you can exclude for purposes of the substantial presence test
The substantial presence test is used to determine an individual's tax residency status in the United States.
What is the substantial presence test used for in tax purposes?
Under the substantial presence test for determining tax residency in the United States, individuals who are physically present in the country for a certain number of days in a given year may be considered residents for tax purposes.
However, certain days of physical presence may be excluded from the calculation, such as days spent in the U.S. for medical treatment, days spent in transit through the U.S., and days spent as a teacher or trainee.
The number of days that can be excluded varies depending on the specific exclusion category, but generally ranges from zero to 60 days.
It is important for individuals to carefully track their days of physical presence in order to accurately determine their tax residency status.
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It has been reported that 40% of U.S. Workers employed as purchasing managers are females. In a simple random sample of U.S. Purchasing managers, 70 out of the 200 are females.
Answer:
a. Population proportion = 0.40b. Sample proportion = 0.35Explanation:
Question wants to know the population proportion and the sample proportion.
a. Population proportion:
The population in this case is the U.S. workers employed as purchasing managers. The proportion that we are interested in is the 40% that are female.
Population proportion is therefore 0.40.
b. The sample proportion uses the sample details not the population details:
= Number of females employed as Purchasing managers in sample / Number of Purchasing managers in sample
= 70 / 200
= 0.35
loretta deposits $350 every quarter into a savings account that earns 4.5% interest compounded quarterly. what is the balance after 7 years?
The remaining balance after 7 years will be $11,444.27.
The following formula is used to calculate an annuity's amount.
A is equal to P((1 +r/n)(nt) -1)/(r/n)
where P is the money paid during each interval and r is the yearly interest rate compounded n times annually for t years.
The current balance will be because P=$350, r=0.045, n=4, and t=7 in this case.
A = $350((1 +.045/4)(47) -1)/(0.045/4)
which equals = $11,444.27.
Almost any three months, or four times each and every year, the money invested is made possible. Banks pay 5% interest on loans. You must divide five by one hundred, or 0.05, to determine your relatively modest rate of fascination.
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Vera has a June credit card balance of $476.09. Her payment due date is June 27th, with a grace period of 5 days. If her payment is late, the credit card company charges a $30 late fee.
Answer: $506.09
Explanation:
Just took the test
Alice loves all animals and is starting a new grooming business for dogs. She believes that animals are very important and plans to exceed any applicable regulations regarding cleanliness and health standards. Alice thinks some local regulations make no sense. For example, there is a local ordinance that all dogs must be kept on a leash at all times when not in a fenced area. Although Alice lives on a large lot with plenty of room for dogs to run free, she plans to obey the leash regulation and all others. She is aware, however, that members of the community have had success in changing local regulations by petitioning city council. Alice plans to proceed in that manner to attempt a change in the leash law. Alice's idea that dogs have basic rights, and her plan to exceed laws involving cleanliness and health standards is rooted in which of the following?A. Legal positivism.
B. The historical school.
C. Legal realism.D. Natural law.
E. Cost-benefit analysis.
Answer:
D. Natural law.
Explanation:
As a concept, natural law states that everyone, including people, animals and all other living things, e.g. trees, have God given or natural rights. These rights include our right to live and be free, and are not established by any law created by humans, instead we (and the rest of living creatures) are born with them. Laws made by human societies have no right to interfere or break natural laws, since natural laws are the basis of all other laws.
Some people believe that natural law only applies to humans, but others, e.g. ecologists and animal lovers, believe that they apply to all living creatures.
Which of the following is NOT a repayment plan option?
O Extended repayment plan
O Loan forgiveness repayment plan
O Income sensitive repayment plan
O Graduated repayment plan
Answer: Loan forgiveness repayment plan.
Explanation:
The Extended Repayment Plan: This is a repayment plan option whereby the loan can be paid back for a period of about 25 years.
The Income-Sensitive Repayment Plan: This is a repayment plan option for those who want low income. Here, payment can either increase or reduce based on what the person earns annually.
The Graduated Repayment Plan: This is a repayment plan option which increases every two years.
The loan forgiveness repayment plan is not a repayment plan option.