The demand for expensive jewelry and cars will rise as income levels rise. B. The demand for butter will diminish as margarine prices fall.
The marginal product is what, exactly?The production change that occurs when the number of employees is increased from five to six is known as the marginal product of the sixth worker. In this situation, 114 lawns are mowed by 5 pupils working. 120 lawns can be mowed while there are 6 students working. As a result, the sixth employee boosts output by 120–114, or 6 lawns.
How do you figure out a worker's marginal product?Simple division of the change in total product by the change in labor yields the marginal product of labor.
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The long-time CEO of a large paper company is retiring. The members of the board want to make sure that the new person they hire to take his place will keep the company growing at a good rate and be able to hold on to the crucial employees who have worked under him. Describe what kind of person the board would want to consider for this position. What qualities would be beneficial to the new CEO and how would these qualities help the company?
Answer:
The CEO needs a clear and broad vision of the companies future and where he's gonna take it in a couple years. The CEO needs good social skills, being able to communicate with potential partners, investors, etc. The CEO needs to be able to motivate himself, motivate his team, and in general just have the ability to keep everyone motivated to continue working towards the companies goals. The CEO needs to be able to adapt relatively quickly, he needs to have the ability to understand the industry quickly, and make sure everyone adapts to the companies changes as well. The CEO also needs trust, he needs to make sure future partners, will trust him, investors trust him, employees trust him, everyone needs to have trust in the CEO.
Explanation:
Answer: The CEO needs a clear and broad vision of the companies future and where he's gonna take it in a couple years. The CEO needs good social skills, being able to communicate with potential partners, investors, etc. The CEO needs to be able to motivate himself, motivate his team, and in general just have the ability to keep everyone motivated to continue working towards the companies goals. The CEO needs to be able to adapt relatively quickly, he needs to have the ability to understand the industry quickly, and make sure everyone adapts to the companies changes as well. The CEO also needs trust, he needs to make sure future partners, will trust him, investors trust him, employees trust him, everyone needs to have trust in the CEO.
Explanation:
jose, a branch manager, determines that one of his employees has inappropriately used the person digital information of a client. jose, reprimands the employee and withholds an expected promotion. jose is exercising which dimension of ethical behavior in the digital age?
Control and accountability
The size of a tax and the deadweight loss that results from the tax are.
The deadweight loss that results from the tax measures the economic loss that is caused by a new tax.
What is deadweight loss?
Deadweight loss of taxation simply measures the overall economic loss caused by a new tax on a product or service.
The deadweight loss analyses the decrease in production as well as the decline in demand that is caused by the imposition of a tax. In this case, it is a lost opportunity cost.
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Please help with economics will mark brainliest
Answer On 25, it is likely economic growth since both go up, however it might also be coming back from an recession, but i would go for economic growth first. On 24, I think it is no idle resources and using resources efficiently.
Explanation:
Sold goods whose list price is 5000 to rakesh at 6% trade discount and 1% cash discount he paid 60% price in cash jornal entry
The journal entry will be:
Debit: Accounts Receivable 2766
Credit: Sales 5000
Debit: Discounts Allowed 317
Credit: Trade Discount Allowed 300
Credit: Cash Discount Allowed 17
How to depict the journal entry?To record the sale of goods to Rakesh at a trade discount and cash discount, you would make a journal entry to debit Accounts Receivable (for the amount Rakesh will pay on credit) and credit Sales (for the revenue from the sale). The entry would also need to include any applicable discounts.
The trade discount is calculated by multiplying the list price of the goods by the trade discount percentage (6% in this case), so the trade discount would be:
5000 x 6% = 300
The cash discount is calculated by multiplying the list price minus the trade discount by the cash discount percentage (1% in this case), so the cash discount would be:
(5000 - 300) x 1% = 17
The total discounts is trade discount + cash discount
300 + 17 = 317
The amount Rakesh paid in cash would be calculated by multiplying the list price minus the discounts by the percentage he paid in cash (60% in this case), so:
(5000 - 317) x 60% = 2766
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china receives approximately _______ percent of total american exports.
China receives approximately 8.4 percent of total American exports.
Exports are the goods and services produced in one country that are purchased by residents of another country. If a U.S. resident buys a car made in Japan, for example, the U.S. is importing that car from Japan. The car is an import to the U.S. and an export from Japan.
Exporting goods and services allows manufacturers and producers in one country to earn revenue while also allowing consumers in another country to gain access to items that might not be available in their domestic markets.However, it's also important to note that tariffs and trade barriers can impact the amount of exports a country sends to another country.
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When a site is unsafe, it means a. Your personal information may be used in ways you do not want c. Permission to use that site at school is always allowed b. That site is okay to visit often d. All of the above Please select the best answer from the choices provided A B C D
Answer:A, Your personal information may be used in ways you do not want
Explanation:
If it is a unsafe site than there for your personal information can go places you do not want them to.
When a site is unsafe, it means your personal information may be used in ways you do not want. Thus, option 'A' is the correct option.
What does it mean when a website is unsafe?External connections to websites with phishing, malware, or unwanted software are known as unsafe domains. Phishing is when a website imitates another one in an effort to fool visitors into divulging personal or financial information. When you visit an insecure website, you run the risk of having your personal information compromised and/or having malicious malware installed on your system.
Additionally, you can fall prey to a phishing attack, or someone else might watch your activity or use your resources for their own gain. If the content you're seeking to view is harmful or misleading, a warning will appear. These websites are frequently referred to as phishing or virus sites. If you clicked on a phishing link, the first thing you should do is immediately unplug your device from the internet.
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why transfer payments are not included in gdp calculation
Transfers are excluded from GDP because they do not represent production. The production of goods and services that are not marketed is not counted because they are not sold in the market, such as home production like when you clean your house.
What justifies the exclusion of transfer payments from government purchases?
Individuals receive or give transfer payments, such as financial aid, subsidies, and other forms of money, without actually buying any products or services. Due to the fact that these do not involve the acquisition of any goods or services, they are not included in the government component of GDP.
What is the GDP defined simply?
GDP calculates the monetary value of finished products and services—those sold to end users and produced in a nation during a specific time period—as they are generated in that nation (say a quarter or a year). The total output produced inside a nation's boundaries is measured.
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How might specialization, or division of labor, help Joanne make her business more productive?
Division of Labor's Benefits Many of the benefits of dividing labor in the workplace are self-evident. Saving time is one of them. Assigning tasks to each employee that are best suited to her abilities. Productivity is rising. For the tasks at hand, you only need one set of tools rather than many. Those
Hope this helps and if it does, don't be afraid to give my answer a "Thanks" and maybe a Brainliest if it's correct?
A specialization, or division of labor, helps Joanne make her business more productive by increasing economies of scale by producing more goods in less time and with limited funds.
What is Business?An economic activity that involves the exchange of goods and services with teh help of buying and selling with the objective to gain some profit is called Business.
Specialization helps in assigning or distributing work among workers so each worker concentrates on his work and timely finishes it which helps in quality as well as time efficiency by utilizing their skills.
Division of labor allows a busines to utilize the time and make optimization of resources by assigning small tasks to labor so that they can complete it and helps in achieving the desired objective of the business.
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In the past, how did professional baseball teams generally choose which player they would take and how much money they would pay them? Was economics or scientific reasoning a part of their decision making?
In the past, the professional baseball teams generally chose
based on what talent scouts had to say about the player.
Who are Scouts?These are people who search various places for someone or
something. In sports, scouts look for the best talents which are
then employed by clubs to aid their targets.
In the past, the professional baseball teams generally chose
based on what talent scouts had to about the player which
helped to determine his/her ability and salary. Scientific
reasoning was also part of their decision making to determine
the worth of a player.
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suppose that a monopolist is selling 100 units of a product at a price of $20 each. if the average total cost (atc) at this level of output is $15, how much total economic profit is the firm earning?
The monopolist is earning a total economic profit of $500 by selling 100 units of the product at a price of $20 each, with an average total cost of $15.
To calculate the total economic profit of the monopolist, we need to use the formula:
Total economic profit = Total revenue - Total cost
Total revenue is the price per unit multiplied by the quantity sold, which is:
Total revenue = Price x Quantity = $20 x 100 = $2,000
Total cost is the average total cost per unit multiplied by the quantity sold, which is:
Total cost = ATC x Quantity = $15 x 100 = $1,500
Therefore, the total economic profit of the monopolist is:
Total economic profit = Total revenue - Total cost = $2,000 - $1,500 = $500
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Which of the following is not a tangible resource?
a. technological assets
b. physical assets
c. financial assets
d. organizational resources
e. None of these choices are correct.
All the choices mentioned in the question represent tangible resources, and none of them is the correct answer for something that is not a tangible resource.
The correct answer is e. None of these choices are correct.
All the options listed are tangible resources. Here's a brief explanation of each:
a. Technological assets: These are physical resources such as computers, software, machinery, or equipment that are used for technological purposes.
b. Physical assets: These include tangible resources like land, buildings, vehicles, machinery, inventory, or any other physical property owned by a business or organization.
c. Financial assets: While intangible financial assets, such as stocks or bonds, exist, this option specifically mentions financial assets, which typically refer to tangible resources like cash, bank accounts, or physical certificates of ownership.
d. Organizational resources: This encompasses tangible resources related to an organization's structure and operations, such as physical facilities, infrastructure, systems, or equipment.
Therefore, all the choices mentioned in the question represent tangible resources, and none of them is the correct answer for something that is not a tangible resource.
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PLEASE HELP ASAP!! CORRECT ANSWER ONLY PLEASE!!!
Pete sold 150 shares of stock A at $10.98 per share through his broker. His broker charges $28 per trade. How much money did Pete receive from the sale after the broker took his fee?
A. $1,647
B. $1,619
C. $1,098
D. $1,070
Answer:
B. $1,619
Explanation:
150×10.98= 1647
1647-28=$1619
What are personal loans?
Answer:
personal loan is a specific amount of money you can borrow from the bank, with a fixed interest rate and you pay it back within a predetermined amount of time.
3
Question 3 (1 point)
Brian wants to take on more of the sales responsibilities. Which activity might he
focus on? Choose the answer.
making business cards
posting social media ads
giving service estimates to customers
mowing yards himself
As Brian wants to take on more sales responsibility, the activity he can focus on is posting social media ads, which helps reach people quickly and cheaply.
Brian needs to identify which social media his potential audience is most on, and then develop a strategy for serving the ads in ways that increase customer relationships, generate engagement and create value.
Posting ads on social media can therefore increase Brian's sales accountability, as well as being an instant communication method where he can increase engagement by resolving queries and demonstrating the product's benefits for completing the purchase process.
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Answer:
Giving service estimates to customers
Explanation:
Took the test
What phrase could a licensee use in advertising that would not discriminate on the basis of familial status
Senior discount is the phrase that a licensee could use in advertising that would not discriminate.
A familial status discrimination is known to occurs when the landlord, manager or property owner treats someone very differently.
The other options clearly discriminate the familial status.
Hence, the Senior discount is the phrase that a licensee could use in advertising that would not discriminate.
Therefore, the Option is correct.
Missing options "Couples only Empty nesters No bicycles allowed Senior discount"
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In making the best economic choices, consumers compare the benefits of the choice to:.
In making the best economic choices, consumers compare the benefits of the choice to the cost of the choice.
How to make the best economic choices?
In making the best economic choices, the costs of the choice should be compared with the benefits of the choice. The choice should only be made when the benefits of making the choice exceeds the cost of the choice.
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Both karen and bob are out of work. karen applies to a few jobs each week, but does not particularly care to be employed. bob was avidly searching for a job, but a little over a month ago he gave up searching. who would be counted as unemployed by the current population survey (cps)
According to the current population survey, Bob situation will be counted in the unemployment survey.
What is Unemployment?
Unemployment refers to the situation in which the person is willing to work but he or she is unable to find the appropriate job.
In the given scenario, Karen is unwilling to work as he does care about getting a job. However, Bob is willing to work and all very stressed about not getting the job.
All members of a household who are of working age are asked about their demographics and job status as part of the Current Population Survey (CPS).
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Suppose after the semester ends, you take a trip to an Island of Vieques. Upon arriving at the island, you make a stop at one of the markets and notice that everyone is carrying around jars full of cowry shells. You also notice the person in line in front of you just paid for a twelve-pack old Milwaukee beer with 8 cowry shells. Someone else just bought a Whopper Pizza Combo for 6 cowry shells. Thinking back to your economics class (as painful as that may be), you would conclude that
a) this is a barter economy.
b) those cowry shells are serving as money.
c) cowry shells are valueless.
d) cowry shells soup is a delicacy.
Max has a monthly salary of $1,100 and also earns 7. 5% commission on his sales. If Max had $43,000 in sales last month, what were his total earnings for the month? a. $3,225 b. $4,050 c. $4,325 d. $5,150 Please select the best answer from the choices provided A B C D.
The correct answer is option c) $4,325.To calculate Max's total earnings for the month, we need to consider both his base salary and the commission he earns on his sales.
First, let's calculate the commission Max earned on his sales. Max had $43,000 in sales, and he earns a 7.5% commission on his sales. To find the commission amount, we multiply the sales amount by the commission rate:
Commission = $43,000 * 0.075 = $3,225
Next, we add the commission amount to Max's base salary to find his total earnings for the month:
Total Earnings = Base Salary + Commission
Total Earnings = $1,100 + $3,225 = $4,325
Max's total earnings for the month were $4,325.
The correct answer is option c) $4,325.
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A property management contract establishes an agency relationship between the manager and the owner. Considering that the management fee is often calculated as a percentage of gross income, this would seem to create an agency problem in that the agreement does not give managers the incentives to control operating expenses while they attempt to increase rental income. Though seldom the case, basing the property management fee on which of the following measures would, in theory, better align the interests of the owner and manager?
a. net operating income
b. miscellaneous income
c. effective gross income
d. capital expenditures
Answer:
A. net operating income
Explanation:
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Custom Motors' account with Widgets, Inc. Has an opening balance of $1,200. They make four purchases totaling $1,500, receive a $400 credit for returned widgets, and make a payment of $2,000. What amount will go into the schedule of accounts for Custom Motors? A. $300 B. $1,500 OC. $1,100 D. $2,000
Answer:
A. $300
Explanation:
The computation of the amount will go into the schedule of accounts for Custom Motors is shown below;
= Opening balance + purchase made - credit received - payment made
= $1,200 + $1,500 - $400 - $2,000
= $300
Hence, the amount will go into the schedule of accounts for Custom Motors is $300
Therefore the option a is correct
And, the same would be considered
Answer:
A 300
Explanation:
Economic and military competition from _______________ helped to convince many americans that the united states should become a world power.
Economic and military competition from Europe helped to convince many Americans that the united states should become a world power.
What are a great power, a world power, and a local power?
2. A country, state, etc. with considerable influence or authority in international affairs. Long-term usage also refers to a person.
Here, "world power" might be interpreted as the ability to influence others and the range of one's influence. A sort of world power known as influence can only be quantified after it has been shown. Influence may be the ability to persuade others or it can be the desire of other countries to impress or emulate an influential nation.
International responses to Donald Trump's victory have sparked a faster disintegration of the American-led international system than anybody could have predicted. The interactions between top-tier and middle-tier nations are evolving quickly. American popular culture and American political, economic, and military interests and influence continue to be felt all over the world. Nations and non-state actors continue to be concerned about American policies, actions, or passivity on issues that are important to them in every area. In conclusion, the United States continues to be the only global superpower. However, status no longer carries the same weight that it once did.
Here, Freeman claims that despite our decline, the United States is still the "sole all-around world power." Ambassador Freeman assesses international power dynamics throughout the text. Perhaps it would be best to start with these definitions from the OED because we are reading an essay on tremendous power and global power
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Robert, an associate broker, did not complete his post-licensing education before his first license expiration date. May he continue to work as a sales associate?
No, his license will be null and void if he does not complete the education requirement and renew it on time. If Robert does not complete his post-licensing education before his license expires, his license will automatically become null and void.
An expiration date is a date that indicates the end of a particular period of time during which a product, service, contract, or agreement is valid. It is also known as a "use-by date" or "best-before date" and is commonly used in the food and beverage industry to indicate the freshness of products.
In other industries, an expiration date may be used to specify the end of a contract or agreement, such as the expiration of a lease, license, or subscription. It may also be used to indicate the end of a promotional offer or discount period. An expiration date is important for businesses as it helps them manage inventory and maintain product quality. It also helps businesses avoid legal issues and ensure customer satisfaction by ensuring that products are safe and effective for use before the expiration date.
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need help fast!!!!!!!! :(
Compound interest is usually better than simple interest because it pays
A: interest on the principal and the interest earned in each period.
B: interest on the entire principal rather than the interest in each period.
C: more, as it is matched by an employer’s 401k contribution.
D: more often throughout the year rather than once a year.
Compound interest pays interest on the principal and the interest earned in each period.
Option A. is correct.
Define Compound interest.Compound interest is a type of interest that pays interest on both the principal or the interest earned over time.
Because compound interest is paid on both the principal or the interest gained in each period, it is frequently preferable to simple interest.
So, option A. is correct.
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Interest on the principal and the interest earned in each period is the reason of Compound interest is usually better than simple interest. Hence, option A is correct.
What is simple interest?Simple interest is the simple way of calculating of the interest of the loan or anything. The daily interest rate, the principle, and the number of days between payments are multiplied to calculate simple interest.
The formula of simple interest is SI = P × R × T, where P = Principal, R = Rate of Interest, and T = Time period.
Thus, option A is correct.
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Jelani, an individual taxpayer, engages in transactions during the 2021 tax year that result in the following capital gains and losses:
Long-term capital gain $10,000
Short-term capital gain $4,000
Short-term capital loss $25,000
By how much will Jelani’s adjusted gross income increase or decrease in 2021 due to these gains/losses?
We get the answer by multiplying the net capital loss by 10%. Hence, Jelani's adjusted gross income would decrease by $1,5000 in 2021 due to these gains/losses.
Jelani, an individual taxpayer, engages in transactions during the 2021 tax year that result in the following capital gains and losses:
Long-term capital gain $10,000
Short-term capital gain $4,000
Short-term capital loss $25,000.
To compute Jelani's net capital gain, we have to:
Subtract short-term losses from short-term gains
= Short-term capital loss - Short-term capital gain
= ($25,000) - $4,000
= ($29,000)
Deduct short-term loss from long-term gains
= Long-term capital gain - Short-term capital loss
= $10,000 - ($25,000)
= ($15,000)
Therefore, Jelani has a net capital loss of ($15,000). Since Jelani's net capital loss is a loss, his adjusted gross income would decrease by $1,5000.
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If you completed all the education and training for your first
career choice what, if any, additional education and training would
you require in order to be ready for your second career?
If you are considering a second career, it is likely that you will need additional education and training in order to be ready for that new career path.
There are several reasons why you may need additional education and training for a second career. For one, the skills and knowledge required for one career may not necessarily transfer over to another career. Additionally, the job market may have changed since you first entered the workforce, meaning that new skills and knowledge may be required in order to be competitive.
For example, if you completed a degree in engineering and worked as an engineer for several years, but then decided to pursue a career in education, you would likely need additional education and training in order to be ready for that new career. This might involve obtaining a teaching certificate or a degree in education, as well as gaining practical experience in the field.
Alternatively, you may decide to pursue a second career in a related field, in which case you may be able to leverage your existing knowledge and skills to some extent. For example, if you worked as a nurse for several years and then decided to pursue a career as a physician’s assistant, you would likely need additional education and training, but your previous experience in the healthcare field would be valuable.
Overall, the amount of additional education and training required for a second career will depend on a variety of factors, including the nature of the new career, your previous experience and education, and the requirements of the job market. In order to be ready for a second career, it is important to carefully consider your goals and the steps you need to take in order to achieve them.
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Josephine decided to be this platinum card since she saw the ads touting “0% A.P.R Platinum. Sign Up Now.” After reading this agreement, which of the following statements is TRUE?
After reading the agreement, the statement that is true is as follows: She has a 0% A.P.R for the first six months.
Josephine decided to apply for a platinum card when she came across an advertisement boasting "0% A.P.R Platinum. Sign Up Now.Josephine decided to apply for a platinum card because she saw an advertisement claiming "0% A.P.R Platinum. Sign Up Now.
APR stands for Annual Percentage Rate, which is a yearly percentage rate that includes all fees, including interest rates, which a borrower pays on loans and credit cards. Borrowers may use APR to assess the true cost of borrowing since it includes both the interest rate and any costs associated with the loan.
The statement that is true is: She has a 0% A.P.R for the first six months. This means that for the first six months, Josephine will not be charged any interest on the amount she spends on the platinum card she applied for because it is a 0% A.P.R. After six months, the rate may increase, and she will be required to pay interest on the amount she spends.
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Communism relies on what form of economic arrangement?.
Answer:
Communism aims to replace private property and a profit-based economy with public ownership and communal control of at least the major means of production (e.g., mines, mills, and factories) and the natural resources of a society.
Explanation:
Communism aspires to replace private property and a profit-driven economy with public ownership and communal management of at least the key production methods.
Which type of data do researchers collect the personal interviews?
Answer:
The correct answer is "Face-to-face interviews".
Explanation:
Face-to-face surveys or interviews are an important way of gathering information used throughout survey methodology. Throughout these interviews, research teams are collecting location information from participants across one cooperation or bonding. This method of collecting information seems to be unique or even just highly personalized.Answer: unstructured or informal in nature
Explanation:
took it on edmentum