Answers
Connie can clean windows in large office buildings at a cost of $1 per window. The market price for window cleaning is $3 per window. If Connie cleans 100 windows, her producer surplus is $100 is False
What is producer surplus?Producer surplus is the difference between the asking price for a certain amount of a good and the price that would be received if the good were sold at market value. By getting the difference or surplus amount from the sale of the good on the market, the producer gains. A producer surplus results from market pricing that is higher than the lowest price producers would typically be ready to accept for their goods. Producer surplus is the total profit an individual producer makes when they produce and sell a specific quantity of a good at market value. The total revenue from sales of a producer's goods less the marginal cost of production is the producer surplus.To learn more about producer surplus refer to:
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Related Questions
CBS Co is considering a new investment which would start immediately and last four years. The
company has gathered the following information:
Asset cost - $160,000/-
Installation Cost - $25,000/-
Annual sales are expected to be 30,000 units in Years 1 and 2 and will then fall by 5,000 units
per year in both Years 3 and 4. The selling price is expected to be $5.00 per unit. The variable
costs are expected to be $0.70 per unit and fixed costs are expected to be $12,000 per annum.
The asset is expected to have a residual value (RV) of $20,000 in money terms and sale out at the
end of 4th year at the price $28,000.
The project will require working capital investment equal to 10% of the expected sales revenue.
Corporation tax is 30% per annum and Capital gain tax is 25%.
Required:
i. Initial Investment
ii. Subsequent/Relevant Cash flows
iii. Terminal Cash flow
Answers
Working capital expenditure is \(10%\)* (Annual sales * Selling price). Working capital investment equals 10% * (30,000 * $5) = $15,000
What is the Terminal Cash flow?i. Initial Investment: The initial investment can be calculated using the formula below:
Total first investment: $200,000 is equal to $160,000 plus $25,000 plus $15,000
The sales income for the first year is $30,000. ii. Subsequent/Related Cash Flows. Add $5 to make a total of $150,000. $21,000 in variable costs is equivalent to ($30,000 * $0.70).
Fixed expenses total $12,000. You came into the present from the past. A list of the goods you can purchase.
Taxes = $82,000 * 30% = $24,600
The cash flow is $57,400 ($150,000 minus $21,000 minus $12,000 minus $35,000 minus $24,600).
$150,000 in sales revenue is equal to ($30,000 * $5) for the second year. $21,000 in variable costs is equivalent to ($30,000 * $0.70).
The following is a list of the available goods.
Taxes = $82,000 * 30% = $24,600
The cash flow is $57,400 ($150,000 minus $21,000 minus $12,000 minus $35,000 minus $24,600).
The total for variable costs is $17,500 or 25,000 * $0.70.
12% of expenses are fixed. from the past to the present, you.
The following formula is used to determine the taxable gain: $125,000 - $17,500 - $12,000 - $35,000 = $60,500.
Taxes = $60,500 * 30% = $18,150
In order to determine cash flow, divide $125,000 by $17,500, $12,000, $35,000, and $18,150 to get $42,350.
Year 4 sales total $20,000, which equals $14,000 in variable costs ($20,000 * $0.70). Fixed expenses total $12,000. you came into the present from the past.
$100,000 – $14,000 – $12,000 – $35,000 = $39,000 is the taxable profit.
$39,000 * 30% = $11,700 ($28,000 - $20,000) * 25% = $2,000 for capital gains tax) is what taxes come to.
The cash flow is $100,000 - $14,00 - 12,00 - 35,00 - 11,700 - 2,000 = 25,300.
Therefore, iii. Final Cash Flow: Terminal cash flow is the total selling proceeds less any capital gains taxes. In total, $28,000 was made through sales (28,00 minus capital gains tax).
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Bill Converse of Rexburg, Idaho, recently had his truck slide off a gravel road and strike a tree. Bill's vehicle suffered $17,800 in damage. The truck has a book value of $45,000. Bill carried collision insurance with a $400 deductible. How much will Bill be reimbursed by his policy
Answers
Answer:
$17,400
Explanation:
Deductible in Insurance is the level of an amount of which the loss payable must reach before the insurance company will participate in compensating for the full sum assured. Any loss payable (claim) below the Deductible amount will not be compensated by the Insurance company and if it exceeds the deductible, deductible amount will be deducted from the claim amount
Here, there is $400 deductible. Amount to be reimbursed = Damages -Deductible amount = $17,800 - $400 = $17,400
In which scenario is an individual's behavior least likely to change?
a. The city of Saskatoon chooses to give its residents a penny for each soda can they recycle in an effort to promote environmental awareness.
b. In an effort to make people eat healthier, the city of Bakersville tells its residents to eat wheat bread instead of white bread.
c. A basketball team manages to sign a trio of famous basketball stars who then clamor for other players to come join their team to win a guaranteed championship.
d. The country of Ravamolk enacts a policy to fine companies 20% of their earnings if the safety standards in their factories do not reach acceptable work conditions.
Answers
In the other options, there are actual incentives/consequences for the thing they are trying to change. Without those, it’s more of a suggestion, and people are less likely to change without those incentives/consequences because it doesn’t directly affect them.
It’s like your mom saying “You should really do your homework.” versus “If you don’t do your homework, I’ll take your phone.” or “If you do your homework, you can have ice cream after dinner.” In this scenario, you are more likely to change with the incentives/consequences because it directly affects you.
An individual's behavior is least likely to change when merely informed of a healthier option, like in Scenario B, as there is no incentive or consequential action attached.
Explanation:In the given scenarios, an individual's behavior is least likely to change in Scenario B where the city of Bakersville tells its residents to eat wheat bread instead of white bread. This scenario only involves information provision with no rewarding or punitive actions attached to induce behavior change, as compared to the rest of the scenarios. Behavioral change usually occurs when there are incentives or penalties associated with the action. For instance, in Scenarios A & D, Saskatoon and Ravamolk are using a reward technique and penalties respectively, as a trigger for behavioral change. Scenario C is using the appeal of fame and success to encourage change. But talking about bread choice without any consequential actions does not guarantee a behavior change.
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Clark Heter is an industrial engineer at Lyons Products. He would like to determine whether there are more units produced on the night shift than on the day shift. The mean number of units produced by a sample of 86 day-shift workers was 361. The mean number of units produced by a sample of 92 night-shift workers was 367. Assume the population standard deviation of the number of units produced is 37 on the day shift and 44 on the night shift.
Using the 0.05 significance level, is the number of units produced on the night shift larger?
a. State the null and alternate hypotheses.
multiple choice 1
H0: μDay ≥ μNight; H1: μDay < μNight
H0: μDay ≥ μNight; H1: μDay > μNight
H0: μDay ≥ μNight; H1: μDay = μNight
b. Compute the test statistic. (Negative values should be indicated by a minus sign. Round your answers to 2 decimal places.)
c. Compute the p-value. (Round your answer to 4 decimal places.)
d. What is your decision regarding the null hypothesis?
multiple choice 2
Reject H0
Do not reject H0
e. Using the 0.05 significance level, is the number of units produced on the night shift larger?
multiple choice 3
Yes
No
Answers
1. The null and the alternate hypothesis is H0: μDay ≥ μNight; H1: μDay = μNight
2. the test statistic is -0.99
3. P value is 0.161821.
4. The decision is to reject the null
5. no it is not larger
How to solve for the hypothesisThe null hypothesis is μDay ≥ μNight
The alternative hypothesis is H1: μDay = μNight
How to solve for the test statisticwe have the folloswing details with which we are to solve the questions that we have here
n1 = 86, bar x1 = 361, sd1 = 37
n2 = 92, x bar2 = 367, sd2 = 44
We have to solve for the standard error
\(\sqrt{\frac{37^2}{86} +\frac{44^2}{92} }\)
= √15.92 + 21.04
= √36.96
= 6.079
test statistic z = xbar1 - xbar2 / standard error
= 361 - 367 / 6.079
= -0.9870
The critical value at 0.05 = 1.645
The critical value is greater than the test statistics
the decision would be to reject H0 if z < 1.645
-0.9870 < 1.645
we have to reject the null hypothesis
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Identify effective decision making techniques?
Answers
Answer:
Step 1: Identify the decision. You realize that you need to make a decision. ...
Step 2: Gather relevant information. ...
Step 3: Identify the alternatives. ...
7 STEPS TO EFFECTIVE.
Step 4: Weigh the evidence. ...
Step 5: Choose among alternatives. ...
Step 6: Take action. ...
Step 7: Review your decision & its consequences.
Subway is targeting a more narrow market segment among college students than the segment on which McDonald’s focuses. Subway is focusing on students interested in healthy fast food. To select this business strategy, Subway would have used information from all the following categories EXCEPT:________.
a. demographic factors.
b. psychological factors.
c. consumption-pattern factors.
d. end-use segments.
Answers
Answer:
d. end-use segments.
Explanation:
Since in the question it is mentioned that Subway is targetting more markets especially for college students instead of focusing on what McDonald focused on. Their motive is to provide healthy fast food
So here they focused on the consumption patterns, demographic factors, and the psychological factors but not in end-use segments
So the same is to be considered
Hence, the correct option is d. end-use segments
A school that has about 10,000 students is typically considered a:
OA. medium-sized college.
OB. religious school.
O C. small college.
O D. large university.
SUBMIt
Answers
Answer: medium
Explanation: A small college would be 5,000 or less and a large college is 15,000 or more
3. Is it better to have your interest compounded annually, quarterly, or daily? Why?
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Answer: Daily, because your money will have more money have interest on it. For example if 5$ is compounded annually and you get 1.3% a year, then you will get 5.013$ at the end of the year. But if it is compounded daily, at the end of the year you will have 5.07$ which is a lot more.
Explanation:
I hope this helped!
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four quardrant model of real estate development
Answers
The Four Quadrant Model of real estate development is a framework used to analyze real estate markets and determine the best investment opportunities.
How does the Four Quadrant Model work ?The Four Quadrant Model of real estate development divides the market into four quadrants, each representing a different combination of supply and demand factors.
The four quadrants are:
Strong demand and limited supplyStrong demand and ample supplyWeak demand and limited supplyWeak demand and ample supplyThe Four Quadrant Model is a useful tool for real estate developers and investors, as it can help them identify areas with the greatest potential for growth and profitability.
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Assume that interest is the only finance charge. Use financial calculator to answer the questions. How much interest would be paid on a $8,000 installment loan to be repaid in 60 monthly installments of $178.00?
Answers
Answer:
The result is approximately $1,680. So the total interest paid on the $8,000 installment loan, repaid over 60 monthly installments of $178.00, would be $1,680.
Explanation:
One function of money is to use it as a medium of exchange.
A.)True
B.) False
Answers
Answer:
Explanation:
true
does someone know these answer please!
Case of discrimination on the basis of Religion
A Major Arab Company has recently decided to appoint a manager for one of its branches in the Gulf region. The company received a large number of CVs and decided to interview several candidates. Chirine, was among the people who were interviewed.
After several interviews, the HR Manager, Bassam, contacted her to inform her that he is interested in hiring her. When she learned this, Chirine decided to resign from her present job. When Chirine announced the news to her husband, he was pleased, but advised her not to resign unless she had a written offer signed by the new company.
During this period, political tension was rising between some Arab countries and Iran. When Chirine called Bassem to ask about signing the contract, his reaction was surprising. His first question to Chirine was: “Are you Shi’ite or Sunni? We are only hiring from one confession.” Chirine felt deceived and refused to answer his question.
Based on our discussions in class, answer the following questions:
If you were Chirine, would you answer the question regarding your religion? Explain your reasoning in both scenarios
Do you think Bassam’s company is right to recruit only from 1 confession? Explain your
Answers
If I were Chirine I wouldn't answer the question about his religion.
However, it must be considered that the Arab culture is very focused on religion, and this is reflected even in the corporate environment, where organizational routines include the religious and political guidelines established in Arab countries, such as taking a break at certain work hours to perform of prayers.
Therefore, this should not be a question to be considered when hiring for a job position, but the candidate's professional profile, qualifications and how he would actually contribute to the company's development.
I believe that Bassam's company is not right in recruiting from a confession, as this should not be the main point of interest in a professional hiring, it is even a conduct that violates ethics and respect for individuality and personal values of the employee.
Therefore, the company should use differentiated recruitment strategies, considering the globalized and multicultural environment, where the work environment is increasingly diversified and this generates positive benefits for organizations, such as greater innovation, creativity and different visions that add to the organizational whole.
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Westover Winds just paid a dividend of $2.10 per share. The company will increase its dividend by 8 percent next year and will then reduce its dividend growth rate by 2 percentage points per year until it reaches the industry average of 2 percent dividend growth, after which the company will keep a constant growth rate forever. What is the price of this stock today given a required return of 11 percent?
Answers
Answer:
Price today = $26.54
Explanation:
The price of the stock can be calculated using the Dividend Discount Model (DDM). The DDM values the stock based on the present value of the expected future dividends from the stock.
The formula to calculate the price of the stock is attached.
Price today = 2.1 * (1+0.08) / (1+0.11) + 2.1 * (1+0.08) * (1+0.06) / (1+0.11)^2 +
2.1 * (1+0.08) * (1+0.06) * (1+0.04) / (1+0.11)^3 +
[(2.1 * (1+0.08) * (1+0.06) * (1+0.04) * (1+0.02)) / (0.11 - 0.02)] / (1+0.11)^3
Price today = $26.54
3
Select the correct answer.
What does the term "idle time" refer to in performance measurement?
O A.
OB.
O C.
O D.
the time taken for daily meetings
the time taken by machines to cool down
the time that an employee uses to relax
the time during which a workflow is interrupted
Reset
Ne
Answers
The term "idle time" in performance measurement refers to the the time during which a workflow is interrupted. Thus, the last option is the correct answer.
What is idle time?Idle time is paid time when an employee or machine is unproductive due to factors that management can or cannot control. It usually applies to full-time employees rather than consultants, who must bill for every hour of their time.
Idle time is a period of time when employees are waiting. That could be because a piece of equipment they need is not working, they are waiting for an important shipment, or the company is overstaffed and not everyone paid to be there has a task to do.
Therefore, the time during which a workflow is interrupted is known as the idle time.
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NOVO FINANCE ECONOMICS AND ACCOUNT
243 Sub-task 3: Economic environment (Total: 30 marks: 180 minutes)
The Book Store is a business which sells a variety of books to suit any lifestyle, from
bestselling novels, educational material to children's books
The owner, Wendy Brocks, has realised that there is a demand for creative stationery
based on her customers' requests. She decided to expand her business by producing a
stationery-line including creative paper, envelopes, notepads, creative stamps, craft pens
and wrapping paper which she will sell in
store.
Wendy is considering using semi-finished products to produce the stationery and wants to
loan in order to gain the capital for the expansion of The Book Store. Wendy knows that
import the creative stamps and craft pens from China. Wendy plans to apply for a business
she has to conduct thorough research before starting this new venture.
The student is required to assist Wendy by conducting the research and preparing an
investigative report on the following points:
a) The four factors of production (inputs) needed for the manufacturing process of The
Book Store's new stationery-line. The student is required to investigate two inputs for
each factor of production.
b) Include a drawing of the production process of this new venture.
c) Research the infrastructure needed to manufacture the stationery-line.
d) Propose ideas on how to produce the creative stationery in an environmentally friendly
way to prevent deforestation.
e) Assuming the inflation-rate rises, give one implication that this increased inflation rate.
would have on the import cost of creative stamps and craft pens from China.
Find out the current interest rate as Wendy is considering applying for a loan. The date
the interest rate obtained must be given.
9) The investigation should be concluded by providing an opinion as to whether this
business idea is viable or not and provide three reasons to substantiate the answer.
Answers
The four factors of production (inputs) needed for the manufacturing process of The Book Store's new stationery include land, labor, capital and entrepreneur.
How to illustrate the information?Based on the information given, the production process of this new venture will be the input or resources that will be used for the production process.
The infrastructure needed to manufacture the stationery-line will be capital, and portfolio designs as well as printing machines.
The ideas on how to produce the creative stationery in an environmentally friendly.way to prevent deforestation is to use less paper and recycling.
An implication of this increased inflation rate is that it lead to the increase in production cost.
Lastly, the business is viable as there is a demand for creative stationery based on her customers' requests.
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Bill Blank bought 900 shares of a mutual fund with a NAV of $13.80. This fund has a load charge of 2%. What did Bill pay for the investment?
Answers
I’m almost sure I’m sorry if I’m wrong
Nevertire Ltd purchased a delivery van costing $52,000. It is expected to have a residual value of $12,000 at the end of its useful life of 4 years or 200,000 kilometers. Ignore GST.
Required:
a) Assume the van was purchased on 1 July 2019 and that the accounting period ends on 30 June. Calculate the depreciation expense for the year 2019–20 using each of the following depreciation methods
straight-line.
diminishing balance (depreciation rate has been calculated as 31%).
units of production (assume the van was driven 78,000 kilometers during the financial year).
b) Record the adjusting entries for the depreciation on 30 June 2021 using a diminishing balance method.
c) Show how the van would appear in the balance sheet prepared at the end of year 2 using the Straightline method.
Answers
Answer:
a.
Straight line method
This method gives a uniform depreciation figure over the lifetime of the asset. Formula is,
= ( Cost - Residual Value) / Useful life
= (52,000 - 12,000) / 4
= $10,000
Diminishing Balance Method
This method applies depreciation at a faster rate so that the assets depreciates faster in it's earlier years.
Formula is,
= Cost * Depreciation rate
= 52,000 * 31%
= $16,120
Units of Production
This method depreciates based on the usage of the asset vs the total capacity of the asset. Assuming the van was driven 78,000 kilometers during the financial year
Formula is,
= (( Cost - Residual value) * units for the year) / Estimated production capacity
= ((52,000 - 12,000)*78,000)/200,000
= 3,120,000 / 200,000
= $15,600
b.
Date
June 30 2021
DR Depreciation $11,123
CR Accumulated Depreciation $11,123
Working
June 30 2021 Depreciation
= ( Cost - 2020 Depreciation ) * 31%
= (52,000 - 16,120 ) * 31%
= 35,880 * 31%
= $11,123
c. Straight line depreciation is constant so Value at the second year using Straight line will be,
= Cost - 2020 Depreciation - 2021 Depreciation
= 52,000 - 10,000 - 10,000
= $32,000
Balance sheet excerpt,
Particulars Amount
Assets
Fixed assets
Vechicles $32,000
what is asset-backed security? in your own words.
Answers
Answer:
a debt obligation, like a loan or mortgages
Broker Harry leaves on vacation for three weeks and does not leave a key to the storage facility where he keeps his records. Why might this result in disciplinary action
Answers
People do go on vacation. Why this result in disciplinary action is that DBPR needs access to inspect records during regular business hours and he would risk disciplinary action if they wanted to see his records while he was away.
What is a Florida DBPR license?The Department of Business and Professional Regulation (DBPR) is known to be a regulatory agency responsible with the licensing and monitoring of businesses and professionals in the State of Florida.
Since Harry is away, DBPR may needs access to inspect records during regular business hours and he would risk disciplinary action if they wanted to see his records while he was away.
See full options below
DBPR needs access to inspect records during regular business hours and he would risk disciplinary action if they wanted to see his records while he was away.
The storage unit might catch fire and no-one would be able to rescue the documents.
FREC only gives 24 hours notice to inspect records and he would be fined if they could not gain access to them.
There is not a problem since his Admin Assistant is good at taking messages and would make an appointment for them to come back when he has returned.
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Pulmonary Company's perpetual inventory records indicate that $237,390 of merchandise should be on hand on June 30, 2016. The physical inventory indicates that $211,280 of merchandise is actually on hand. Journalize the adjusting entry for the inventory shrinkage for Pulmonary Company for the year ended June 30, 2016. Assume that the inventory shrinkage is a normal amount.
Answers
Answer:
Dr Cost of Merchandise Sold $26,110
Cr Merchandise Inventory $26,110
Explanation:
Preparation of the adjusting entry for the inventory shrinkage for Pulmonary Company for the year ended June 30, 2016.
June 30 2016
Dr Cost of Merchandise Sold $26,110
Cr Merchandise Inventory $26,110
($237,390 – $211,280=$26,110)
(Being to record inventory shrinkage)
Assume the following taxpayer information: The taxpayer is a South African manufacturing company (not a small business corporation as defined) with a 31 March 2023 year of assessment. Calculate the recoupment on the disposal of the machine BELOW. Information pertaining to manufacturing machine: Events Sold Purchased Tax value at date of sale Date 30 December 2022 1 August 2020 Amount R 605 000 R 490 000 R 98 000
Answers
The depreciation allowances allowed in prior years of R533 665 (recoupment amount)The recoupment amount is included in taxable income.
An asset disposed of in the year of assessment (2022) for proceeds exceeding its tax written down value (TWDV) triggers a recoupment of depreciation allowances. The recoupment is calculated by deducting the TWDV from the proceeds, but limited to the sum of depreciation allowances allowed in respect of the asset less any amount that has been recouped in a prior year.
Manufacturing machine sold R605 000 Purchased R490 000 Tax value at date of sale R98 000Calculate recoupment on the disposal of the machine;
The machine's TWDV is R71 335; this is calculated by taking the original cost of R490 000 less the depreciation allowances allowed in prior years of R34 665.R605 000 (proceeds) - R71 335 (TWDV) = R533 665 (recoupment amount)The recoupment amount is included in taxable income.
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Project: Mortgage Meltdown
Assignment Directions
1. For this assignment you will research a single entity that failed in the mortgage collapse of 2007-2008. This will require you to
research information on the SEC, FDIC, and Federal Reserve sites. Each of these organizations will have information on consumer
settlements due to investment bank and other bank failures. All of these entities were mentioned in the text and vocabulary.
Submission Requirements
1. You will write a report which must include the following elements: a timeline, brief narrative explanation of the events, financial
report on the firm you analyzed, actions taken by regulators, and the penalties which were assessed. Pay specific attention to the
individual investors and mortgage holders who were harmed and note them in your report; devote at least a paragraph to these
losses. Extra points will be awarded if you make a quantitative estimate of these losses. If you do use a math example, cite your
source or show your calculations.
2. The report should be no less than three pages, double-spaced, with one-inch margins. Graphs and charts to illustrate points are
appreciated and rewarded.
pls respond asap! will give brainliest :)
Answers
Explanation:
With certain exceptions, Regulation Z requires creditors to make a reasonable, good faith determination of a consumer's ability to repay any residential mortgage loan, and loans that meet Regulation Z's requirements for “qualified mortgages” (QMs) obtain certain protections from liability. Regulation Z contains several categories of QMs, including the General QM category and a temporary category (Temporary GSE QM loans) of loans that are eligible for purchase or guarantee by government-sponsored enterprises (GSEs) while they are operating under the conservatorship or receivership of the Federal Housing Finance Agency (FHFA). The Bureau of Consumer Financial Protection (Bureau) is issuing this proposal to create a new category of QMs (Seasoned QMs) for first-lien, fixed-rate covered transactions that have met certain performance requirements over a 36-month seasoning period, are held in portfolio until the end of the seasoning period, comply with general restrictions on product features and points and fees, and meet certain underwriting requirements. The Bureau's primary objective with this proposal is to ensure access to responsible, affordable mortgage credit by adding a Seasoned QM definition to the existing
What are some tasks commonly performed in Facility and Mobile Equipment Maintenance jobs? Check all that apply.
testing vehicles to identify problems
cleaning vehicles and equipment
analyzing the flow of traffic
communicating with customers
steering and navigating vehicles
documenting information
Answers
Answer:
A,B,D,F
is correct
Explanation:
The spaghetti sells 340 units per week at $12 per plate. The steak sells 212 units at $16 per plate. Which has the higher
dollar sales?
a) Spaghetti
b) Steak
Answers
Answer:
a) Spaghetti
Explanation:
Dollar value means the actual amount raised from selling. In this case,
spaghetti will have dollar sales of:
=340 x $12
=$4,080
Steak
=212 x $16
=$3,392
Therefore, spaghetti has higher dollar sales.
What makes a good manager
Answers
In a traditional economy, which group is most responsible for producing the goods people in society need?
A. private business
B. Family members
C. International corporations
D. Government agencies
Answers
Answer:
B. Family members
Explanation:
A traditional economy is based upon the customs, beliefs, and history of the community. Age-old traditions and beliefs guide economic decisions of production and distribution. The traditional economy is motivated by the social well being of its members and not by profits.
The main economic activities under the traditional economy revolves are subsistence farming, fishing, and hunting. These activities are carried out in family settings. In other words, family members provide labor for economic activities.
The answer is Family Members for A P E X
If the spending power of NAFTA consumers increased to $7.5 trillion and the NAFTA share changed to 17.5% of all combined spending power of NAFTA and the European Union, what is the increased spending power of the EU? Round to the nearest tenth of a trillion dollars
Answers
Answer: $35.3 trillion
Explanation:
NAFTA Spending power = $7.5 trillion
The spending power of the European Union will be denoted by E while the combined spending power will be denoted by E + N.
N = 17.5% of (E + N)
N = 17.5 / 100 (E + N)
100N = 17.5E + 17.5N
100N - 17.5N = 17 5E
82.5N = 17.5E
E = 4.7N
E = 4.7(7.5)
E = $35.3 trillion
Complete the following table.
Answers
The completed table for the Total Utility would be: 10, 24, 18, 24, 0, and 28
How did we arrive at these values?To complete the table, calculate the Total Utility for each quantity demanded. Total Utility is the sum of the utility derived from consuming each unit of a good or service.
Assume that the utility derived from consuming each unit of the good is as follows:
Utility:
Unit 1: 10
Unit 2: 8
Unit 3: 6
Unit 4: 4
Unit 5: 2
Unit 6: 0
Now, calculate the Total Utility for each quantity demanded:
Price | Quantity Demanded | Total Utility
---------------------------------------
5 | 1 | 10
4 | 3 | 10 + 8 + 6 = 24
3 | 2 | 10 + 8 = 18
2 | 3 | 10 + 8 + 6 = 24
1 | 0 | 0
0 | 4 | 10 + 8 + 6 + 4 = 28
Therefore, the completed table would be:
Price | Quantity Demanded | Total Utility
---------------------------------------
5 | 1 | 10
4 | 3 | 24
3 | 2 | 18
2 | 3 | 24
1 | 0 | 0
0 | 4 | 28
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QUESTION 3 of 10: Which of the following demonstrate your restaurant's concept?
Answers
The thing that demonstrate your restaurant's concept is a) your food.
What is restaurant concept ?A restaurant is a place of business that prepares and provides customers with food and beverages. Although many restaurants also provide take-out and food delivery services, meals are often served and consumed on the premises. Within the hospitality industry, which is a subset of the larger service industry, restaurants, bars, and other similar enterprises typically belong under the "food and drink" category.
The topic that characterizes your restaurant serves as your restaurant concept. Restaurant themes describe the overarching theme or philosophy that underpins a restaurant's menu, service method, and musical selection.
Therefore, option A is correct.
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missing options:
a) Your food b) Your staff c) Your presentation d) All of the above. d) All of the above.
What is the first thing people should do when creating a budget?
A. Record everything that they spend and what they spend it on
B. Cut spending in every category of expenditures drastically
OC. Put every extra dollar towards paying off their debts
D. Hire an accountant or financial planner to take care of it
it’s A
Answers
When creating a budget people should Record everything that they spend and what they spend it on. The appropriate response is option A.
What is a budget ?A budget is an estimate of income and expenditures for a given future period of time, and it is often created and updated on a regular basis. A individual, a group of people, a corporation, a government, or pretty much anything else that makes and spends money can all have budgets.
Budgeting is essential if you want to control your monthly spending, be ready for life's unforeseen events, not falling into debt. Monitoring your income and expenses is a crucial component of budgeting.
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