The debt to equity ratio can be calculated by dividing total debt by total equity: the closest option is (b) 1.67.
Debt to equity ratio = Total debt / Total equity
The debt to equity ratio is calculated by dividing the total amount of debt by the total amount of equity in a company. It is a financial metric used to measure a company's leverage, or how much of its assets are funded by debt versus equity. A higher debt to equity ratio indicates that a company has more debt relative to equity, which can indicate higher financial risk. Conversely, a lower debt to equity ratio indicates that a company has less debt relative to equity, which can indicate a stronger financial position.
Using the figures provided in the question:
Debt to equity ratio = 19,875,000 / 1,250,000
Debt to equity ratio = 15.9
Rounding this to three decimals gives a debt to equity ratio of 1.590.
Learn more about financial here:
https://brainly.com/question/29641948
#SPJ11
QUESTION 1 of 10: True or False: Stocks and mutual funds are generally safer investments than a savings account.
Answer:
False.
Explanation:
Stocks and mutual funds are by no means safer investments than savings accounts, because they have a greater risk because they are tied to the performance of a third entity: thus, stocks depend for their value on the performance of the company, while mutual funds depend on the performance of the company that manages these investments. In contrast, savings accounts have a less variable rate of return, which is determined by banks based on the interest rate stipulated by the Federal Reserve.
A 50 year old individual leaves a corporate employer and receives a $50,000 lump sum distribution from the pension plan. He rolls over $30,000 of the funds within 60 days into an IRA and deposits the rest to his checking account. The individual pays:___________
Answer:
The individual pays tax on the $20000 not roll over
Explanation:
A roll over is the withdrawal of cash or other assets from a retirement plan and then using part or all of it within 60 days into another retirement plan. Roll overs are not taxable.
The individual receives $50000 and rolls over $30000 of his funds. The roll over fund is considered as an income but it is not taxable since it was done within 60 days therefore the individual is tax on the money which was not roll over.
Money not roll over = $50000 - $30000 = $20000
Therefore the individual pays tax on the $20000 not roll over
Creative Chronometer, Inc. is planning to launch a new brand of watches for kids. Similar watches are available in the market for $56. In order to penetrate the market, the company plans to use target pricing and desires a 28% net profit markup on total cost. Calculate the target cost. (Round your answer to the nearest cent.) $71.68 $43.75 $40.32 $15.68
Answer: $43.75
Explanation:
Given the following :
Markup on total cost = 28%
Projected selling price (price of similar products) = $56
Target cost = projected selling price - desired profit
Desired profit = 28% of target cost
Assume target cost = a
a = 56 - 28%a
a = 56 - 0.28a
a + 0.28a = 56
1.28a = 56
a = 56 / 1.28
a = 43.75
Therefore, target cost 'a' equals $43.75
Machine has three speed settings, low medium fast the low setting produces 110 units with a 90% quality rating the medium setting produces 120 units with an 80% quality rating in the fast setting produces 140 units with a 70% quality rating if each unit sells for $20 what shutting makes the company the most money in sales win percentage not meeting quality standards cannot be sold
The low setting makes the company the most money in sales, with a total revenue of $1980
To determine which setting makes the company the most money, we need to calculate the total revenue generated by each setting while taking into account the quality rating. For the low setting, the company produces 110 units with a 90% quality rating, which means that 10% of the units are not sellable. So, the total number of sellable units is 110 x 0.9 = 99 units. The revenue generated from selling these units is 99 x $20 = $1980. For the medium setting, the company produces 120 units with an 80% quality rating, which means that 20% of the units are not sellable. So, the total number of sellable units is 120 x 0.8 = 96 units. The revenue generated from selling these units is 96 x $20 = $1920.
For the fast setting, the company produces 140 units with a 70% quality rating, which means that 30% of the units are not sellable. So, the total number of sellable units is 140 x 0.7 = 98 units. The revenue generated from selling these units is 98 x $20 = $1960.
Therefore, the low setting makes the company the most money in sales, with a total revenue of $1980
To learn more about revenue here:
https://brainly.com/question/8645356
#SPJ1
Recording, classifying, and summarizing economic events in a logical manner for the purpose of providing financial information for decision making is commonly called Group of answer choices auditing. economics. finance. accounting.
Recording, classifying, and summarizing economic events in a logical manner for the purpose of providing financial information for decision making is commonly called accounting.
Accounting is a fundamental process in business and financial management. It involves systematically recording financial transactions, classifying them into appropriate categories, and summarizing the information to create financial statements such as the income statement, balance sheet, and cash flow statement. These financial statements provide a snapshot of a company's financial performance, position, and cash flows, enabling decision-makers to analyze and make informed decisions about the organization's operations, investments, and financial strategies.
While auditing, economics, and finance are related disciplines, each has its own distinct focus. Auditing involves examining and evaluating financial records and statements to ensure accuracy, compliance, and reliability. Economics studies the production, distribution, and consumption of goods and services within an economy. Finance, on the other hand, focuses on managing financial resources, investments, and the financial aspects of decision making. However, accounting serves as the foundation for providing the necessary financial information in these areas.
learn more about "economic ":- https://brainly.com/question/17996535
#SPJ11
Martha and Oleg are competitors in a local market and each is trying to decide if it is worthwhile to advertise. If both of them advertise, each will earn a profit of $5,000. If neither of them advertise, each will earn a profit of $10,000. If one advertises and the other doesn't, then the one who advertises will earn a profit of $15,000 and the other will earn $7,000. To earn the highest profit, Martha
a. should advertise, and she will earn $5,000.
b. should advertise, and she will earn $15,000.
c. should not advertise, and she will earn $10,000.
d. has no dominant strategy
Answer:
d
Explanation:
Dominant strategy is the best option for a player regardless of what the other player is playing.
The payoffs for Martha if she advertises is either $5000 or $15000
if she does not advertise, it is either $10,000 or 7000
looking at these figures, there is no option that consistently yields a better option. thus there is no dominant strategy
If for example,
The payoffs for martha if she advertises is either $5000 or $15000
if she does not advertise, it is wither $3,000 or 7000
Advertising consistently yields a better option, thus her dominant strategy would be to advertise
In noting that he had "yet to engage in a direct-action campaign that was ‘well timed,’" martin luther king, jr. , was most likely arguing against:.
Martin Luther King, Jr. was argued that African-Americans should be more patient and that civil rights should not be for all.
Who is Martin Luther King Jr?Martin Luther King Jr can be regared as an American Baptist minister as well as
activist who was the civil rights movement leader in 1955 .
Therefore, he stressed that African-Americans should be more patient and that civil rights should not be for all.
Learn more about Martin Luther King Jr at;
https://brainly.com/question/24034250
Can Someone Please help me with this ASAP
From the following list of terms, select the one that best fits each definition below. Write your selected word on the lines provided.
Word bank:
feedback
empathy
active listening
credibility
consistency
packaging options
image
interpersonal
initiative
electronic
Questions:
1. One method of recording client requests. ____________________
2. A skill when using appropriate body language. ____________________
3. Good customer service builds the reputation, trust ____________________ of a business.
4. A communication skill needed to understand customers. ____________________
5. An example of choices that customers have. ____________________
6. Personal hygiene and grooming contribute to one’s ____________________.
7. Important in understanding the needs and point of view of a client. _____________________
8. Means reliability and constancy. ______________________
9. Employers appreciate workers who use their own ____________________ when making decisions.
10. When customers provide comments or reactions to customer service. ___________________
______________
1.One method of recording client requests. electronic. 2. A skill when using appropriate body language. _active listening 3. Good customer service builds the reputation, trust credibility of a business.__________. 4. A communication skill needed to understand customers. interpersonal 5. An example of choices that customers have. _packaging options. 6. Personal hygiene and grooming contribute to one’s_image. 7. Important in understanding the needs and point of view of a client. empathy. 8. Means reliability and constancy. consistency. 9. Employers appreciate workers who use their own ___initiative when making decisions. 10. When customers provide comments or reactions to customer service. feedback
Which of the following statements is TRUE?
Recurring expenses don't need to be planned for
because they rarely happen.
Recurring expenses are expenses that can never be
stopped.
Recurring expenses should be planned for after
looking at your wants.
None of the above
Answer: D) None of above
Explanation:
Recurring expenses are expenses that happen on a monthly basis. So option d( None of the above) is correct.
The ongoing general and administrative operating costs that your company incurs on a regular basis are known as recurring expenses. There are two types of expenses incurred in the Recurring expenses i.e. Direct and indirect expenses. Direct and indirect expenditures that are recurring across all lines of business are known as recurring general expenses.
Recurring expenses such as rent, car payments, and utility bills. These are an important part of the company's budget, and the company should plan for them accordingly.
Therefore, the correct option is option D.
Learn more about Recurring expenses, here:
https://brainly.com/question/30228992
#SPJ5
a call from a buyer who saw your sign in the yard of a recent listing needs to be qualified. what problem situation is possible with these types of buyer calls?
When a buyer calls after seeing your sign in the yard of a recent listing, it is important to qualify them to ensure they are a serious potential buyer and not just a casual observer.
However, there are several potential problems that can arise with these types of buyer calls.
Firstly, the caller may not be financially qualified to purchase the property.
It is important to ask about their pre-approval status and financial situation to ensure they are capable of making the purchase.
Otherwise, time and resources may be wasted showing the property to someone who cannot really make an offer.
Secondly, the caller may be working with another agent or have already seen the property with another agent.
In this case, it is important to verify their relationship with that agent before proceeding with any further communication or showing of the property.
Know more about potential buyer here:
https://brainly.com/question/30261789
#SPJ11
Christopher is a self-employed cash-method, calendar-year taxpayer, and he made the following cash payments related to his business this year. Calculate the after-tax cost of each payment assuming Christopher has a 37 percent marginal tax rate. a) $500 fine for speeding while traveling to a client meeting. b) $800 of interest on a short-term loan incurred in September and repaid in November. Half of the loan proceeds was used immediately to pay salaries and the other half was invested in municipal bonds until November. c) $600 for office supplies in May of this year. He used half of the supplies this year and he will use the remaining half by February of next year.
Answer:
A. $500
B. $696
C. $378
Explanation:
Calculation to determine the after-tax cost of each payment
A. Based on the information given the AFTER-TAX COST will be $500 reason been that it is NOT DEDUCTIBLE based on the fact that fines and penalties does not provide a tax break
B. After-tax cost=$800 * [1-(0.5*0.37)]
After-tax cost=$800*(1-0.13)
After-tax cost=$800*0.87
After-tax cost=$696
Therefore After-tax cost is $696 reason been that HALF OF THE INTEREST will NOT be DEDUCTIBLE reason been that it was used to obtain NON-TAXABLE INCOME
C. After-tax cost=$600 * (1 - 0.37)
After-tax cost=$600*0.63
After-tax cost=$378
Therefore the After-tax cost is $378
what is the poem about "a bird came down the walk"
Answer:
It is called A bird came down the Walk by Emily Dickinson
Which component of table setting includes knives?
O A.
lunchware
OB.
flatware
O C.
steelware
OD.
dinnerware
O E.
drinkware
Answer:
Steelware I think
Explanation:
Question 3: Answer the following questions
3.1)
Calculate 250% of 100.
(2)
3.2)
Calculate 100% of 250
(2)
2
3)
What do you notice about your answers to question 3.1) and 3.2)? Explain your answer.
Answer:
\( \frac{250}{100} \times 100 \\ = 250 \\ \\ \frac{100}{100} \times 250 = 250 \\ the \: answers \: are \: identical\)
The following information is related to the sole proprietorship of Helen Archer legal service revenue 2022 is 330,000 , total expenses 2022 is 211,000 assets january 1, 2022 is 98,000 , liabilities january 1st, 2022 is 62,000, assets december 31 ,2022 is 168,000 and liabilities december 31, 2022 is 100,000 drawing 2022 is ?preper the 2022 owners equity statement for helen archers
The owner's equity statement shows that Helen Archer's owner's equity increased from $36,000 to $140,000 during the year 2022, considering the net income earned and the drawings made.
To prepare the owner's equity statement for Helen Archer's sole proprietorship for the year 2022, we need to calculate the owner's equity at the beginning and end of the year and account for any drawings made by Helen Archer during the year.
Given information:
Legal service revenue for 2022: $330,000
Total expenses for 2022: $211,000
Assets as of January 1, 2022: $98,000
Liabilities as of January 1, 2022: $62,000
Assets as of December 31, 2022: $168,000
Liabilities as of December 31, 2022: $100,000
Step 1: Calculate the owner's equity at the beginning and end of the year:
Owner's Equity as of January 1, 2022: Assets - Liabilities
Owner's Equity as of January 1, 2022: $98,000 - $62,000 = $36,000
Owner's Equity as of December 31, 2022: Assets - Liabilities
Owner's Equity as of December 31, 2022: $168,000 - $100,000 = $68,000
Step 2: Calculate the net income for the year:
Net Income = Revenue - Expenses
Net Income = $330,000 - $211,000 = $119,000
Step 3: Account for any drawings made by Helen Archer:
Drawings = Owner's Equity at the beginning of the year - Net Income + Owner's Equity at the end of the year
Drawings = $36,000 - $119,000 + $68,000 = -$15,000
The negative value indicates that Helen Archer's drawings exceeded her net income and resulted in a reduction in her owner's equity.
Finally, we can prepare the owner's equity statement for Helen Archer's sole proprietorship for the year 2022:
Owner's Equity Statement for Helen Archer's Sole Proprietorship - 2022
Owner's Equity, January 1, 2022: $36,000
Add: Net Income: $119,000
Less: Drawings: -$15,000
Owner's Equity, December 31, 2022: $140,000.
For more such questions on equity visit:
https://brainly.com/question/29822432
#SPJ8
Regina spends three hours each day working as an online customer service representative for a retailer. She can choose her own hours, within reason. The job works out well for her since she has a new baby that she cares for much of the day. The retailer does not provide her or the other 200 customer service reps with workspace, which constitutes a sizeable cost savings for the company. Regina participates in
Answer:
Home-based work
Explanation:
Home based work is a type of work in which the individual carry out their functions and responsibilities from the comfort of his/her home. The employee makes contact with the company through the phone or internet.
Home-based workers sell goods to the customers directly from the house. The advantages of working from home include:it gives the individual control over their schedule, it's creates time for personal growth, it reduces the unnecessary money spent on transportation, it gives the employee full control over their income.
Answer:
Home Based Work
Explanation:
Home-based work is the work that the person can perform at his own house or somewhere else where he desires but not at the company place of work. Suppose Regina is traveling to New York, after arriving at New York she can work on the assignment at the airport or at a hotel. So its dependent upon the person. The home based workers can mostly plan when to work on the assignment and when to not. So Regina is mostly free of the restrictions of the traditional work space and working from her house so she is a home based worker.
Find the present valives of these ordinary annuities. Discounting occurs once a year. Do not round intermediate calculations. Round your answers to the nearest cent. a. $400 per year for 14 years at 10%. 4. b. $200 per year for 7 years at 5%. 3 c;500 per year for 7 years at 0%. 3 d. Rework previous parts assuming they are annuities due. Present value of $400 per year for 14 years at 10%:1 Present value of 3200 per year for 7 years at 5%:5 Present value of $500 per year for 7 years at 0%13
The present value of receiving $400 per year for 14 years at a discount rate of 10% can be calculated using the formula for the present value of an ordinary annuity.
Plugging in the values, the present value is approximately $2,833.27.For an annuity of $200 per year for 7 years at a discount rate of 5%, the present value can be calculated as approximately $1,211.68.
In the case of an annuity of $500 per year for 7 years at a 0% discount rate, the present value is simply the sum of the cash flows, resulting in a value of $3,500.
If we assume these are annuities due, where the cash flows occur at the beginning of each period, the present values will be slightly higher than the values calculated above.
Learn more about Present value
brainly.com/question/28304447
#SPJ11
Research cultural business communication etiquette for a country outside of the USA, and list 5 tips for successful cultural communication and etiquette in a business setting. Include the name of your country, the 5 tips (bulleted statements) and the website URL of your research used.
Answer:
wow
Explanation:
If government intervenes in the business sector to prevent the merger of two businesses, what is the best explanation for how this results in greater market freedom?A.Government might intervene in this way if one of the merging companies has not fulfilled its tax liability because paying taxes is necessary to a free market.
B. A market in which mergers are allowed is a market in which no business can ever be free from the possibility of being taken over.
C. By preventing mergers that would lead to companies having too much power, the government protects free competition.
D. Government intervention of this sort never results in a free market and is only found in countries that do not adhere to free market principles.
Answer:
c
Explanation:
a p e x
outright sales or sale and leaseback free up considerable cash and improve returns. this is an example of which turnaround strategy used by successful companies? group of answer choices asset and cost surgery piecemeal productivity improvements selective product and market pruning global expansion
A) Outright sales or sales with leasebacks generate significant cash flow and boost returns. This is an illustration of an asset and cost surgery turnaround method employed by profitable businesses.
What exactly is cash flow?Cash flow and profit are critical financial measures in business. Yet, it is not uncommon for persons unfamiliar with finance and accounting to occasionally mix the two terms. Profit and cash flow are not the same things, and understanding the distinction is crucial for making vital decisions about a company's performance and financial health.
Understanding the distinction between profit and cash flow allows investors to determine if a profitable firm is a desirable long-term investment based on its ability to remain solvent through economic downturns. Understanding the relationship between the phrases can help entrepreneurs and business owners make key business decisions, such as how to seek growth.
Learn more about cash flow with the help of the given link:
brainly.com/question/29768594
#SPJ1
Interest rates always increase as the length of time until repayment increases. question 5 options:
a. true
b. false
Interest rates do not always increase as the length of time until repayment increases. Hence the statement is false.
In fact, the relationship between interest rates and the length of time until repayment can vary depending on several factors, such as the type of loan, market conditions, and the monetary policy set by the central bank.
In some cases, longer-term loans may have higher interest rates due to the increased risk associated with a longer repayment period. Lenders may demand higher rates to compensate for the potential for economic fluctuations, inflation, and borrower default.
However, there are also instances where interest rates are lower for longer-term loans. This can occur when central banks implement a loose monetary policy to stimulate economic growth. Lower interest rates can encourage borrowing and investment, boosting economic activity.
Overall, the relationship between interest rates and the length of time until repayment is not fixed, and it is influenced by various factors that can result in either increasing or decreasing interest rates as the repayment period lengthens.
Learn more about Interest rates here
https://brainly.com/question/29497411
#SPJ4
for the compact disc industry, the advent of mp3 technology can best be described as what type of innovation?
For the compact disc industry, the advent of MP3 technology can best be described as a disruptive innovation. This type of innovation occurs when a new product, service, or technology enters the market and displaces an existing one, often causing a major shift in consumer preferences and industry trends.
Disruptive innovation is characterized by the introduction of a more efficient, accessible, or cost-effective alternative to an established product or service. In the case of the compact disc industry, MP3 technology significantly changed the way people consumed music.
MP3 files could be easily downloaded, shared, and stored on personal devices, making it a more convenient and affordable option compared to traditional physical CDs.
Before the rise of MP3 technology, consumers primarily purchased music through physical CDs, which were relatively expensive and required a CD player for playback. With the advent of MP3 technology, music became readily available online, often at a fraction of the cost, or even for free.
As a result, many consumers shifted their preference from buying CDs to downloading MP3 files or streaming music online. The shift from CDs to MP3s also impacted the music industry as a whole. Record stores and CD manufacturers faced significant challenges as their primary source of revenue declined.
On the other hand, digital music platforms like iTunes, Amazon, and Spotify emerged, providing new revenue streams for artists and record labels.
In conclusion, the advent of MP3 technology can best be described as a disruptive innovation for the compact disc industry, as it introduced a more convenient and cost-effective alternative to CDs, ultimately changing consumer preferences and industry dynamics.
This shift not only impacted CD sales, but also transformed the music industry as a whole, paving the way for new business models and distribution channels.
To know more about disruptive innovation refer here
brainly.com/question/15100569#
#SPJ11
Would you be willing to pay more for products made by socially responsible companies? How much more? Discuss in detail.
750 words APA format Citations
Yes, I am willing to pay more for products made by socially responsible companies. I consider the environmental and social impact of a company before purchasing their products, and I am willing to pay extra to support businesses that prioritize sustainability and ethical practices.
The concept of socially responsible companies refers to those businesses that prioritize sustainability and ethical practices and seek to have a positive impact on society and the environment. Consumers like me are increasingly aware of the impact that their purchases have on the world and are therefore willing to pay a premium to support these companies and their initiatives. According to a study by Cone Communications, 91% of consumers are willing to switch to a brand that is associated with a social or environmental issue, while 90% of them would boycott companies that have unethical practices, such as child labor, human trafficking, and animal cruelty.
In recent years, companies that prioritize sustainability and ethical practices have become more common, and consumers have started to recognize their efforts. These companies are also finding ways to innovate and create products that are not only environmentally and socially friendly but also meet consumer demand. Such companies are becoming more competitive in the market and thus attracting more consumers, such as myself, who are willing to pay more for their products.
The increased demand for eco-friendly and socially responsible products and companies has led to a significant change in the way businesses operate. Companies are now investing in sustainable materials and production methods that minimize the impact on the environment. Some of these practices include the use of recycled materials, sustainable energy sources, reduced water usage, and ethical sourcing of materials. Many companies are also investing in fair trade and community development initiatives, such as supporting women's groups and microfinance programs.
To illustrate this point, Patagonia is a company that has made significant efforts to be socially responsible. It has been known to use recycled materials in their clothing, such as the “re-tool” fleece jacket made from recycled plastic bottles. They also focus on minimizing their carbon footprint by using sustainable energy sources in their factories, reducing water usage, and ethical sourcing of materials. Despite the higher costs of producing eco-friendly and socially responsible products, Patagonia has managed to attract consumers who are willing to pay extra to support its initiatives.
While it is difficult to put a specific dollar value on how much more a consumer would pay for socially responsible products, the consensus is that consumers are willing to pay up to 20% more for such products. This can be seen in the pricing of some eco-friendly and socially responsible products, such as organic food, which is often priced higher than non-organic food. Similarly, some products made by socially responsible companies, such as Toms shoes and Warby Parker eyewear, are priced higher than those of their competitors but still have a significant market share.
Conclusively, the social and environmental impact of a company is an essential consideration when purchasing products, and consumers are increasingly willing to pay a premium to support businesses that prioritize sustainability and ethical practices. While it is difficult to put a specific dollar value on how much more a consumer would pay for such products, the consensus is that consumers are willing to pay up to 20% more for socially responsible products. Companies that prioritize sustainability and ethical practices have become more competitive in the market and are attracting more consumers, such as myself, who are willing to pay extra to support their initiatives.
To know more about Communications, visit:
https://brainly.com/question/29811467
#SPJ11
Please help. Atleast the top 2
Answer:
Number 1 is Pure Market. Number two is socialist, I'm pretty sure.
Explanation:
Please mark me brainliest if someone else answers :>
Explain the importance of profit to the economy.
Answer:
Explanation:
Profit is the surplus revenue after a firm has paid all its costs. ... In a capitalist economy, profit plays an important role in creating incentives for business and entrepreneurs. For an incumbent firm, the reward of higher profit will encourage them to try and cut costs and develop new products
What type of metrics measure throughput, transaction speed, and system availability?
The type of metrics that measure throughput, transaction speed, and system availability are performance metrics.
These metrics include measures such as response time, throughput rate, transaction completion rate, and system uptime.
Throughput is typically measured in transactions per second (TPS), transaction speed can be assessed using response time or latency, and system availability is commonly measured using uptime or percentage of system availability over a specified period
These metrics are used to assess the efficiency and effectiveness of a system and to identify areas for improvement in order to optimize performance and ensure maximum availability.
To know more about performance metrics click on below link :
https://brainly.com/question/30620564
#SPJ11
Application: Demand elasticity and agriculture Consider the market for corn. The following graph shows the weekly demand for corn and the weekly supply of corn. Suppose a spell of good weather occurs, which enables corn producers to generate more corn per acre of land. Show the effect this shock has on the market for corn by shifting the demand curve, supply curve, or both Note: Select and drag one or both of the curves to the desired position. Curves will snap into position, so if you try to move a curve and it snaps back to its original position, just drag it a little farther. One of the growers is concerned about the price decrease caused by the spell of good weather because she feels it will lower revenue in this market. As an economics student, you can use elasticities to determine whether this change in price will lead to an increase or decrease in total revenue in this market. Using the midpoint method, the price elasticity of demand for corn between the prices of $10 and $8 per bushel is is between these two points. Therefore, you would tell the grower that her claim is will as a result of the spell of good weather. following table.
The price elasticity of demand for corn between $10 and $8 per bushel is -1. The grower's claim about a decrease in total revenue due to the spell of good weather is incorrect.
The price elasticity of demand measures the responsiveness of quantity demanded to a change in price. In this case, the price elasticity of demand for corn between $10 and $8 per bushel is -1. Since the elasticity is greater than 1 (in absolute value), the demand for corn is elastic.
When the price of corn decreases due to the spell of good weather, the quantity demanded is expected to increase. The increase in quantity demanded outweighs the decrease in price, resulting in an overall increase in total revenue. This is because the percentage change in quantity demanded is greater than the percentage change in price.
Therefore, the grower's claim that the decrease in price will lower revenue is incorrect. The spell of good weather, which increases the supply of corn and lowers the price, will actually lead to an increase in total revenue for the grower in this market.
learn more about price here:
https://brainly.com/question/31678669
#SPJ11
If anyone can please help asap
Answer:
1. Negative externality: Jeff declined to buy his favorite chocolate bar because the price has increased.
2. Dollar vote: increased neighborhood crime is caused by a pawn shop.
3. Public goods: a freeway is available for all to use.
4. Positive externality: public education in the United States results in benefits for others around the world.
Explanation:
1. Negative externality: Jeff declined to buy his favorite chocolate bar because the price has increased. A negative externality arises when the production or consumption of a finished product or service has negative impact (cost) on a third party.
2. Dollar vote: increased neighborhood crime is caused by a pawn shop. A dollar vote describes how the consumer's purchasing power influences the type (quantity) of goods to be produced and supplied to the market.
3. Public goods: a freeway is available for all to use. It refers to any goods that is accessible and available to the general public at all times without an additional fee, charges or cost.
4. Positive externality: public education in the United States results in benefits for others around the world. A positive externality arises when the production or consumption of a finished product or service has a significant impact or benefits to a third party that isn't directly involved in the transaction.
100 percent of your income after you re tire will probably come from social security
and the companies that employed you.
Is it true or false?
Answer:
average, retirement beneficiaries receive 40% of their pre-retirement income from Social Security. As you make your retirement plan, knowing the approximate amount you will receive in Social Security benefits can help you determine how much other retirement income you'll need to reach your goals.
Explanation:
please mark me as brainlist itt is truerichard, an employee in an investment firm, was dissatisfied with the way his superiors handled business dealings. for that reason, he quit his job and started his own business so that he is able to make all management decisions without interference from anyone. which advantage of entrepreneurship is highlighted in the given scenario?
The advantage of entrepreneurship highlighted in the scenario is autonomy.
Entrepreneurship refers to the process of creating and running a new business venture in order to make a profit. Autonomy refers to the ability of an entrepreneur to make independent decisions without interference from others.In the given scenario, Richard was dissatisfied with the way his superiors handled business dealings. By starting his own business, he is able to make all management decisions without interference from anyone. This highlights the advantage of autonomy, which is an important aspect of entrepreneurship. Entrepreneurs have the freedom to pursue their vision and make decisions independently. This can lead to greater job satisfaction and a sense of personal fulfillment. Additionally, it can allow entrepreneurs to be more innovative and take risks, which can lead to greater success and profitability in the long run.
To learn more about entrepreneurship:
https://brainly.com/question/31162189
#SPJ11