When a price floor is placed above the equilibrium level, there is a surplus, or more goods supplied than there are goods required.
What does economic demand mean?The economics concept of demand describes the customer's desire to purchase the good or service. The price that consumers are prepared to pay again for good or service is used to determine demand.
What does demand actually mean?Demand in economics refers to a consumer's readiness to pay a particular price for goods and services as well as their desire to buy them. Demand for a good and service typically declines when its price goes up.
To know more about demand visit:
https://brainly.com/question/29761926
#SPJ4
use of an assessment center: group of answer choices should be avoided should be used for all types of positions in all types of organizations provides multiple work samples for complex jobs such as manager should allow only personnel from the hr department to assess candidates
Utilizing an assessment center should be avoided for any and all jobs in any and all organizations. Here option A is the correct answer.
It provides multiple work samples for complex jobs such as a manager. Assessment centers are particularly useful for evaluating candidates for complex or high-level positions, as they provide a range of simulated work activities that allow candidates to demonstrate their skills and competencies.
Option (a) is incorrect because assessment centers can be effective for many types of positions and organizations, depending on the specific needs and resources of each organization. Option (c) is incorrect because it may be beneficial to involve a range of stakeholders in the assessment process, including managers, peers, and external experts.
To learn more about the assessment center
https://brainly.com/question/29978539
#SPJ4
Complete question:
Which of the following statements is true about the use of an assessment center?
a) It should be avoided for all types of positions in all types of organizations.
b) It provides multiple work samples for complex jobs such as manager.
c) Only personnel from the HR department should be allowed to assess candidates.
if the expenditure schedule lies above the level of potential gdp, then there is a(n)
If the expenditure schedule lies above the level of potential GDP, then there is a(n) increase in aggregate demand, which may result in inflationary pressure in the economy.
This can lead to a situation where the economy is operating beyond its capacity, and there is a risk of overheating. Therefore, policymakers need to implement measures to cool down the economy and bring it back to equilibrium.
One way to do this is by reducing government spending or increasing taxes, which would shift the expenditure schedule downwards. This would help to reduce aggregate demand and bring it in line with potential GDP.
To know more about inflationary pressure visit:
https://brainly.com/question/14307209
#SPJ11
what is the economic importance of sudan and Jordan arable
land?
Sudan and Jordan have arable land, which has an enormous economic value. Arable land plays a crucial role in Sudan's economy. Sudan's vast arable land is used primarily for agriculture, making it the country's primary source of income.
Sudan's arable land accounts for 16% of the country's GDP, and agricultural goods account for over 80% of the country's exports. Cotton, peanuts, gum arabic, and livestock are the country's primary agricultural products.
As a result, arable land has significant economic value and can boost Sudan's economy.Jordan Economic Importance of Arable LandIn Jordan, agriculture accounts for 3% of the country's GDP, and arable land is a valuable asset. Jordan's arable land produces a variety of crops, including fruits, vegetables, and cereals.
Learn more about arable land at
https://brainly.com/question/28629090
#SPJ11
3. what is the purpose of performing an asset classification, asset assessment and risk assessment as part of the security strategy? take each item in turn describing what it is, how it is implemented and the purpose of it.
Asset classification is the process of locating and classifying assets according to their worth and relevance. Set protective activities in order of importance.
Assessing assets involves determining their present condition and any possible weaknesses. Determine and reduce security threats is the goal. Risk assessment is the process of analysing and assessing the probability and potential consequences of security risks. Create a security plan that is informed by risk. The practise of classifying assets into distinct groups according to their attributes, such as liquidity, risk, and return, is known as asset classification. By enabling them to make wise investment choices and keep an eye on their financial performance, this aids businesses in managing their assets more efficiently. Cash and cash equivalents, fixed income securities, stocks, commodities, real estate, and alternative investments are examples of common asset types.
learn more about Asset here:
https://brainly.com/question/14404094
#SPJ4
assuming that investment were to experience a bearish shock of $100, how much would the equilibrium level of income change? (assume a mpc
Tell Me About a Time You Demonstrated Leadership Skills.
note: the tax brackets and marginal tax rates in 2020 were nearly identical to those in 2018. instructions: enter your responses as a whole number. how much tax did the bidens pay in 2018 on:
(a) The tax that the Biden's pay in 2018 on the first $9,000 of taxable income is $900.
According to the tax computation table, an income ranging from $0 to $9,875 is taxed at 10%.
This means that the first $9,000 of taxable income is taxed at a rate of 10%.
Determine the tax amount - Tax amount = $9,000 * 0.10 = $900
Thus, the Bidens paid $900 in tax in 2018 on the first $9,000 of taxable income.
(b) The tax that the Biden's pay in 2018 on the first $9,000 of taxable income is $3,330.
The Bidens' taxable income in 2018 was $4,266,086.
The Bidens' taxable income is in the tax bracket with a 37% tax rate.
This means that the final $9,000 of taxable income is taxed at 37%.
Determine the tax amount - Tax amount = $9,000 * 0.37 = $3,330
Thus, the Bidens paid $3,330 in tax on the last $9,000 of taxable income in 2018.
To learn more about Biden's pay, please refer:
https://brainly.com/question/29192508
#SPJ4
Chapter 2 Mastery Problem
The T –
Hassan Rahim won a concession to rent bicycles in the local park during the summer. During the month of June, Hassan completed the following transactions for his bicycle rental business:
Chart of Accounts
Cash
Hassan Rahim Capital
Accounts Receivable
Hassan Rahim, Withdrawals
Supplies
Rental Income
Shed
Wages Expense
Bicycles
Maintenance Expense
Accounts Payable
Repair Expense
Concession Fee Expense
June
2
Began business by placing $7,200 in a business checking account.
3
Purchased supplies on account, $150
4
Purchased 10 Bicycles for $2,500, paying $1,200 down and agreeing to pay the rest in thirty days.
5
Purchased for cash a small shed to hold the bicycles and to use for other operations, $2,900
6
Paid cash for shipping and installation costs (considered as an addition to the cost of the shed) to place the shed at the park entrance, $400.
8
Received cash of $470 for rentals during the first week of operation.
13
Hired a part-time assistant to help out on weekends at $7.50 per hour
14
Paid a maintenance person to clean the grounds, $75.
15
Received cash, $500, for rentals during the second week of operation.
16
Paid the assistant for a weekend’s work, $150.
20
Paid for the supplies purchased on June 3, $150.
21
Paid repair bill on bicycles, $55.
22
Received cash for rentals during the third week of operation, $550.
23
Paid the assistant for a weekend’s work, $150.
26
Billed a company for bicycle rentals for an employee outing, $110
27
Paid the fee for June to the Park District for the right to the bicycle concession, $100.
28
Received cash for rentals during the week, $410.
29
Paid the assistant for a weekend’s work, $150.
30
Transferred $500 to personal checking account.
Answer:
27.
Explanation:
Credentials are an official verification, from an accredited source, attesting to capability.
True
False
Answer:
false
Explanation:
.
Answer: False
Explanation:
can pottery be a job?? what would i major in for that…
Answer:
Yes, pottery can be a job. You would need a degree in ceramics to get a lasting job in pottery
Explanation:
Because of the slope of the aggregate demand curve we can say that a decrease in the price level:
A. leads to a decrease in aggregate demand
B. leads to an increase in aggregate demand
C. leads to a higher level of real GDP demanded.
D. leads to a lower level of real GDP demanded
We can infer from the slope of the aggregate demand curve that a fall in price level C. leads to a rise in the level of real GDP demanded.
How Does the Level of Prices Relate to Aggregate Demand?The economy's supply and demand are mostly determined by the prices of commodities and services. However, the opposite is also true: variations in supply and demand have an effect on the cost of goods and services. The relationship between total demand and average price levels is not always obvious or direct. However, in the broadest sense (and under ceteris paribus circumstances), a rise in aggregate demand is accompanied by a rise in the level of prices.
When its constituent parts, such as government expenditure, investment spending, and consumption spending, aggregate demand rises.
To know more about Economy Supply visit: https://brainly.com/question/13774718
#SPJ4
The world flow of foreign direct investment between 1990 and 2017 increased 600 percent. If a company decides to establish a new operation in a foreign country, that company has engaged in A. greenfield investment B. in acquisition C. a franchise artangement D. a mergerE. a censing arrangement
Option (a), Between 1990 and 2017, the global flow of foreign direct investment surged by 600%. A corporation has made a greenfield investment if it decides to launch a new operation in another nation.
Do you believe that foreign direct investment (FDI) from greenfield projects will hurt the economy and diminish market competition?When FDI is conducted through greenfield investment, market competition will increase and economic welfare would decrease. The danger of an MNE joining a market and monopolizing it seems to be of more concern in countries where there aren't many major locally owned firms.
What impact does a rise in foreign direct investment have on the economy?If foreign investors seize control of the market and drive out domestic producers, they might have a negative effect on domestic companies. The payment balance of the host country could be harmed by a major outflow of investor profits or by large imports of inputs.
Learn more about greenfield investment: https://brainly.com/question/19090253
#SPJ4
To measure the strength of a currency, you can
measure the face value against what other
value?
A. market
B. intrinsic
C. foreign
100 point question + brainliest
Mike Oxmore has 69 apples, Moe Lester has 420, what is the mass of the sun?
Answer:
The mass of the sun is - 1.989 x 10 30 kilograms
Also, 69 + 420= 489
Explanation:
Hope this helps?
Have a nice day! <3
1. IM is different from e-mail because it provides to improve the readability of the message.
IM is increasingly used by businesses. Identify the reasons workers find IM useful. Check all that apply.
A. Security
B. Presence functionality
C. Productivity boost
D. Cost savings
E. Convenience
Before using instant messaging on the job, obtain permission and follow best practices for professional use.
The reasons workers find IM useful are presence functionality, productivity boost, cost savings, and convenience.
Presence functionality allows workers to see if colleagues are available to communicate, which can save time and increase productivity. IM can also save on costs by reducing the need for phone calls or in-person meetings.
The convenience of IM allows for quick and easy communication, which is especially helpful in fast-paced work environments. However, it is important to obtain permission before using IM in the workplace and to follow best practices for professional use, such as using proper grammar and avoiding slang or emoticons.
For more questions like Productivity click the link below:
https://brainly.com/question/29423646
#SPJ11
PLEASE HELP ASAP!!! I'll MARK BRAINLIEST!! FOR CAREER!!
1. Nara learned about prototyping, feedback, and testing as part of her biomedical engineer career. She is considering changing careers. Could she apply these concepts in a different career? Give one example of how Nara could use prototyping, feedback, and testing in a career.
2. Imagine you’re a human resources manager interviewing applicants for two jobs: IT security specialist and web developer. Could you hire one person to do both jobs? Why or why not? Describe the skills and personal qualities that candidates for each job should have.
3. If you work as a human resources manager, you’ll need a well-developed sense of empathy in order to succeed. How could you explain that part of your job to a new employee? Would empathy be important if you worked in a different career? Explain.
4. General contractors must make decisions based on ethics and safety. What other careers require people to follow safety regulations? Do the regulations protect the public, workers, companies, or a combination of these? How do the regulations compare to the safety guidelines you might follow in your everyday life, such as seat belt rules or lab rules in science class?
5. Helena is considering a new, full-time job at a construction company that’s part of a union. She’d make $20 per hour and earn a salary of about $40,000 per year. The union would charge her two and a half times her hourly wage. So her monthly union dues would be $50. What would her union dues be per year? Would it be worth it? Should she take the job? Explain why or why not.
Yes, Nara may use the ideas of testing, feedback, and prototyping in a different line of work.
What is prototyping?
Design teams experiment with, bring to life, and iterate on ideas through the process of prototyping, which can involve everything from digital designs to paper ideas. A prototype is fundamentally an early rendition of a design that enables users to engage with it or envision it before a finished product is created.
For instance, if Nara decided to pursue a career in software development, she might utilize prototyping to produce early iterations of the program and collect user input to enhance it. The program could then be tested to make sure it functions as intended and any problems could be fixed.
Learn more about prototyping here:
https://brainly.com/question/30655140
#SPJ1
Regina, Brock, and Sean are website designers who have been tasked to create a new website together.
This is an example of:
alliance
collaboration
punctuality
relationship
Answer:
B: Collaboration
Explanation:
I took the test
Answer:
B: Collaboration
Explanation:
I took the test
Which is NOT TRUE for a profit maximizing monopolist?
Question 5 options:
P > MC
The firm operates on the demand curve where |e| < 1
As Q increases, MR falls faster than Average Revenue
Profit maximizing Q for the firm is determined where MC = MR
The statement that is NOT TRUE for a profit maximizing monopolist is: The firm operates on the demand curve where |e| < 1.
In a profit maximizing monopolist situation, the firm would operate in the elastic region of the demand curve, where the price elasticity of demand (|e|) is greater than 1. This allows the firm to increase revenue by lowering prices without losing too much profit. The other options are true for a profit maximizing monopolist:
1. P > MC: In a monopoly, the price charged is greater than the marginal cost.
2. As Q increases, MR falls faster than Average Revenue: This is true because in a monopoly, the marginal revenue curve lies below the demand curve.
3. Profit maximizing Q for the firm is determined where MC = MR: This is the standard rule for profit maximization in any market structure, including monopolies.
Learn more about monopolist here: https://brainly.com/question/31298257
#SPJ11
If a product is no longer showing strong market share and sales are diminishing, which of the following would be the best approach to trying to extend its lifetime on the market
A. Offer extended warranties
B. Re-launch
C. Positioning
D. Discontinue
Answer:B. re-launch
Explanation: just took the quiz
Answer:
Re launch
Explanation:
A p e x
When you DS (double space) how many BLANK LINES are left between rows of text?
A 1
B 2
C 3
D 4
Answer:
2
Explanation:
when you doubel space (ds) you are going to be leaving 2.0 blank lines
When you DS (double space) BLANK LINES are left between rows of text is One. Thus the correct option is A.
What is Double Space?
A double space is one that separates each line of writing by a full line. A double space indicates that sentences include a whole blank line in between the rows of characters.
By increasing the distance between lines of text, double spacing makes it easier for a teacher or editor to mark or comment on a document. Depending on the version of Word you have, there will be variations in double spacing.
Using double spacing in Word is one approach to increase the text's accessibility. Double spacing is an important formatting style for a Works Cited page. The amount of space between text lines is increased by double spacing.
Therefore, option A is appropriate.
Learn more about Double Space, here:
https://brainly.com/question/1751238
#SPJ2
An investor purchases a long call at a price of $2.55. The exercise price is $36. If the current stock price is $36.10, what is the break even point for the investor?
A $33.45 B $36 C $38.55 D 38.65
The break even point for the investor is $38.55. Option c is correct.
To calculate the break-even point for the investor who purchased a long call option, we need to consider the total cost incurred by the investor.
The total cost consists of the premium paid for the long call option, which is $2.55. The exercise price is $36, and the break-even point is reached when the stock price plus the premium paid equals the exercise price.
In this case, the current stock price is $36.10, so the break-even point can be calculated as follows:
Break-even point = Exercise price + Premium paid
= $36 + $2.55
= $38.55
Therefore, the break-even point for the investor is $38.55.
The correct answer is C) $38.55.
Learn more about investor https://brainly.com/question/31933294
#SPJ11
Which of the following are characteristics of a scarce resource?
Choose 1 answer:
Choose 1 answer:
(Choice A)
A
The supply of the resource exceeds the demand of the resource.
(Choice B)
B
There is a fixed quantity of the resource available but no demand for it.
(Choice C)
C
There is a demand for that resource with limited supply.
(Choice D)
D
There is limited supply of a resource with no demand for that resource.
(Choice E)
E
The resource has unlimited supply and limited demand.
There is a demand for that resource with limited supply are characteristics of a scarce resource. When the demand for a natural resource exceeds the supply, resource scarcity results, which causes the stock of those resources to decrease.
As a result of rising costs that make the demand resource less accessible to those who are least well-off, this might result in unsustainable supply growth and an increase in inequality. When there aren't enough resources to meet everyone's needs, there is scarce resource. Oil is among the most well-known instances of how resource scarcity affects the United States. Local gas prices will surely climb when oil prices around the world do.
To learn more about scarce resource, click here.
https://brainly.com/question/1581220
#SPJ1
A ledger account is divided into. *
2 points
2 parts
3 parts
4 parts
5 parts
14 parts
Which of the following transactions involves contra entry? *
2 points
Bank charges
Cash sales paid into the bank
Paid cash into the bank
Withdrew cash from the bank for private use
Putting it in one's pocket
The main book of account is the *
2 points
petty cash book
journal
purchases book
ledger
none of the options
The following keys are found in both the computer and typewriter except *
2 points
back space
delete key
home row keys
space bar
number lock key
Which of the following analyses cash expenses into various sub-heads? *
2 points
Double column cash book
Multiple cash book
Petty cash book
Single column cash book
Quadruple column cash book
“Continue with the preceding one” is represented with which of these symbol signs in manuscript? *
2 points
L. c
B. U. c
insert
Run on
go away
How many columns has the simplest form of a ledger? *
2 points
2
4
6
8
12
When typing a document in a hanging paragraph, the second and subsequent lines are type in how many space/s to the right of the first line? *
2 points
One
Two
Three
Five
Four
A memorandum should not contain *
2 points
date and reference
date and subject
salutation and address
name and date
subject, date and reference
The source document that is used to prepare the petty cash book is called *
2 points
invoice
debit note
receipt
petty cash voucher
cash booklet
Answer:
1) 2 parts
2) withdrew cash from Bank for personal reasons
3) ledger
4) delete key
5) petty cash book
6) run on
7) 4
8)three
9) date and subject
10) receipt
Dana lives in her Newport property nine months out of the year and uses it as a rental for the remaining three months. Is she liable for paying an excise tax on her short-term rental
No, she is not liable for paying an excise tax on her short-term rental because it only applies to short-term rentals of fewer than eight consecutive days.
A statute governing and taxing short-term house and condo rentals was approved by the governor on December 28 and became law on January 1, 2019. A rental with a duration of 31 days or less is considered short-term. Exemptions from this tax include annual and long-term leases (32 days or more). 2019 January 1 marked the start of the tax. The rental tax must be included in any lease that is signed on or after this date for a rental period that starts on July 1, 2019, or later.
All rentals beginning before July 1st, 2019 were therefore exempt from taxation. Like any tax paid at a hotel or motel, the lodging tax is the responsibility of the tenants. Vacationers are growing more accustomed to paying one since private rental lodging taxes are widespread around the nation, including in every other New England state. Renters must pay this tax regardless of the type of residence they choose because no one is exempt.
To learn more about short term rental here,
https://brainly.com/question/24870338
#SPJ1
the cost constraint suggests that, even when the cost of providing accounting information exceeds its benefit, the financial accounting information should always be provided.T/F
False. The cost constraint suggests that the cost of providing accounting information should not exceed the benefit it provides.
What is accounting ?Accounting is the process of recording, classifying, summarizing, analyzing, and interpreting financial information. It is also used to measure the performance of an organization and to prepare financial statements for external users. Accounting involves tracking income and expenses, preparing financial statements, preparing tax returns, and providing advice on financial matters
If the cost of providing accounting information exceeds its benefit, then financial accounting information should not be provided.
To learn more about Accounting
https://brainly.com/question/26690519
#SPJ4
Which of the following is NOT a way to sustain product sales?
A. Selling or licensing a product
B. Selling products in regions areas where the customer base is weak.
C. Discounting the product
D. Modernizing or altering the product
Answer:
The marketing process consists of four elements: strategic marketing analysis, marketing-mix planning, marketing implementation, and marketing control.
Explanation:
Brainly please.?
It should be noted that Selling products in regions areas where the customer base is weak is not a way to sustain product sales.
What is Product sales?Product sales serves as the process of selling a product or service so that the seller can get a return.
Therefore, it is important to sell where there is potential customer and a strong base of customers for more gains.
Learn more about products sales at;
https://brainly.com/question/25743891
Which type of ma plan is an hmo plan that also covers some benefits out-of-network, generally at a higher cost?.
The type of ma plan is an hmo plan that also covers some benefits out-of-network, generally at a higher cost is: Private Fee-for-Service (PFFS), Medicare Supplement Insurance Plan.
What is medicare advantage plan?Medicare advantage plan can be defined as a health insurance coverage plan that help to cover the medical costs of people under the plan.
The type of Medicare advantage plan that also covers some benefits out-of-network are:
Private Fee-for-Service (PFFS)Medicare Supplement Insurance PlanPreferred Provider Organization (PPO)Point-of-Service (POS) Plan(right)Learn more about medicare here:https://brainly.com/question/1960701
#SPJ1
The Hull Petroleum Company and Inverted V are retail gasoline franchises that compete in a local market to sell gasoline to consumers. Hull and Inverted V are located across the street from each other and can observe the prices posted on each other's marquees. Demand for gasoline in this market is Q= 80-12 and both franchises obtain gasoline from their supplier at $410 per gallon. On the day that both franchises opened for business, each owner was observed changing the price of gasoline advertised on its marquee more than 10 times: the owner of Hull lowered its price to slightly undercut Inverted V's price, and the owner of Inverted V lowered its advertised price to beat Hull's price. Since then, prices appear to have stabilized. Under current conditions, how many gallons of gasoline are sold in the market, and at what price? Instructions: Enter your responses rounded to the nearest two decimal places Gallons sold: Price: $
Answer:
I believe that the demand equation is incomplete, since there is no price (P).
If we just solve this equation like it is, the quantity demanded = 80 - 12 = 68 gallons
if we add the price into the equation:
Q = 80 - 12P
since this is a competitive market, in order to maximize profits, marginal revenue = marginal cost = $4.10 per gallon (not $410).
That means that both companies will sell gasoline at $4.10 per gallon
equilibrium quantity = 80 - (12 x 4.10) = 30.8 gallons of gasoline
university subs and savory sandwiches are the only two sandwich shops in a small college town. if neither runs a special two-for-one promotion, both are able to keep their prices high and earn $10,000 a month. however, when both run promotions, their profits fall to $1,000. finally, if one runs a promotion and the other does not, the shop that runs the promotion earns a profit of $15,000, and the other loses $5,000. 1st attempt part 1 (1 point)see hint what is the dominant strategy for university subs? part 2 (1 point)see hint is the nash equilibrium the most profitable outcome for these two firms?
The Nash equilibrium condition suggests that: D. both will run the 2-for-1 promotion
What is a Bad equilibrium?Nash Equilibrium is an action profile that represents all players in a game and is used to predict the outcome of their decision-making interaction. It represents a steady state (i.e., a combination of all players' strategies) in which no player can benefit from unilaterally changing its strategy.
In Nash equilibrium, each player simultaneously plays their best response against the other players. In the Chicken game, for example, B is player 1's best response to A by player 2. A Nash equilibrium for a strategic game is a set of actions in which each action is the best response to the other.
In this case, when one runs a promotion and the other does not, the shop that runs the promotion earns a profit of $15,000 and the other loses $5,000. Therefore, both will run the 2-for-1 promotion.
In conclusion, the correct option is D.
Learn more about Nash equilibrium on:
https://brainly.com/question/29398344
#SPJ1
Complete question
Assume a non-cooperative oligopoly. University Subs and Savory Sandwiches are the only two sandwich shops in a small college town. If neither runs a 2-for-1 promotion, both are able to keep their prices high and earn $10,000 a month. However, when both run promotions, their profit falls to $1,000 each. Finally, if one runs a promotion and the other does not, the shop that runs the promotion earns a profit of $15,000 and the other loses $5,000. The Nash equilibrium condition suggests that:
A. one will run the 2-for-1 promotion and the other will not
B. both may or may not run the 2-for-1 promotion
C. neither will run the 2-for-1 promotion
D. both will run the 2-for-1 promotion
E. this situation has nothing to do with a Nash equilibrium
What does an invasion biologist study?
help me
Answer:
Invasion biology deals with invasive species. If an “invasive” species is defined as a species that spreads to the detriment of economic interests and public health, however, invasion biology could not be easily distinguished from pest management and public health sciences.
Explanation: