Answer:
2,088
Explanation:
Use calculator and do 2000(1.044)^1
1. If the risk-free return were 4.0% and a security's beta coefficient were 2.0, what would be the required rate of return for the security? 4% 5% 10% 14% 2. If the risk-free return (inflation) increases by 2 percentage points, the required rate of return stays the same for all securities increases the same 2 percentage points for all securities increases for some securities and decreases for others depending on the beta coefficient cannot be determined without more information 3. If the risk-free return (inflation) increases by 2 percentage points, then for the security market line both the y-intercept and the slope remain the same the y-intercept changes and the slope remains the same the y-intercept remains the same and the slope changes both the y-intercept and the slope change
Answer:
1. Use CAPM to solve
Required Return = Risk Free Rate + beta(market premium)
= 4% + 2(5%)
= 14%
2. Increases the same 2 percentage points for all securities
If the risk-free return increases by 2%, then it would become 6%.
The required return becomes;
= 6% + 2(5%)
= 16%
Required return increases by 2% to 16%.
3. The y-intercept changes and the slope remains the same.
The formula for the Security Market Line is the CAPM formula.
The normal formula for a line takes the form;
y = mx + c
Where c is the y intercept and m is the slope.
The CAPM formula is the same at;
R = rF + brM
The beta is the slope and the risk free rate is the y intercept. If the risk-free rate increases by 2% then the y-intercept will change by those 2 percentage points but the beta will remain the same.
Can someone please help me with this
Assignment 4R
(20 points)
Assignment 4R: Career Development
Instructions
Save this file in your course folder, and name it with Assignment, the assignment letter, the section number, and your first initial and last name. For example, Jessie Robinson's assignment 1R for Section 1 would be named Assignment1RJRobinson.
Type the answers to the assignment questions below. Use complete sentences unless the question says otherwise. You will have more than one day to complete an assignment. At the end of each day, be sure to save your progress.
Review Lesson 4 of the Course Overview for instructions about turning in your assignments.
Assignment Questions
In Section 4, you learned about career development. Now, you'll apply what you learned.
1. Describe an example of a task that it might make sense for a company to outsource. (1-2 sentences. 2.0 points)
2. Describe three things that you think are important for a company to include in its personnel policies. (1-3 sentences. 1.5 points)
3. Describe at least three pieces of information you would include when writing a job description. (1-3 sentences. 1.5 points)
4. Describe two methods you would use to find potential employees if you were in charge of advertising a job for a company. Explain why you would use these methods for advertising the job. (1-2 sentences. 3.0 points)
5. Describe at least two methods you would use to identify job opportunities if you were looking for a job. Explain why you would use these methods for job seeking. (1-2 sentences. 3.0 points)
6. Write your answers to at least three of the Lesson 2 questions on the What You Want from Your Life page. (1-3 sentences. 3.0 points)
TIP: Separately, you can write out a vision statement for yourself. Since it's personal, you don't have to turn in your vision statement, but you should turn in your answers to at least three of the questions about what you want from your life.
7. Describe a career you would like to have, and explain how you could get started and then advance in that career. (1-3 sentences. 3.0 points)
8. Which part of the online job application was easiest for you to complete? Which section was the most difficult? Give at least one example of work experience, education, or special skills that you included in the application. (2-5 sentences. 3.0 points) CAUTION: To protect your privacy, make sure you don't list the names of specific places where you've worked or gone to school.
Answer:
1. Describe an example of a task that it might make sense for a company to outsource. (1-2 sentences. 2.0 points)
Customer support, also known as phone support, is the best example of a task that makes a lot of sense to outsource in a corporation. Even if the costs can be large, there are several parts where hiring, having office space and training, and paying taxes on support representatives are not. It makes sense because it is the most effective way to outsource a business to provide a better service to the customer..2. Describe three things that you think are important for a company to include in its personnel policies. (1-3 sentences. 1.5 points)
Human resources professionals are responsible for keeping personnel policies for the organizations for which they operate up to date. These policies regulate how a company is run, from recruiting and firing to sexual harassment and other types of workplace discrimination.New workers are given personnel policies to study, and they are often asked to sign a statement stating that they have reviewed and understand the policies. Policies and processes differ from one organization to the next, but some elements are shared.3. Describe at least three pieces of information you would include when writing a job description. (1-3 sentences. 1.5 points)
Where they live, where they came from, and who to contact if anything bad happens are all mentioned under the heading details.Workplace Environment: Be aware of what is going on around you and ensure that it is secure for employees.They should have three or four skills: Being willing to complete the job that has been assigned to them.4. Describe two methods you would use to find potential employees if you were in charge of advertising a job for a company. Explain why you would use these methods for advertising the job. (1-2 sentences. 3.0 points)
I would recruit for attitude and then train for skills using employee referral systems. When it comes to hiring, the employees can be a reliable source of information. They have acquaintances and colleagues who work in the same area. Create a policy that allows employees to refer qualified applicants for open positions within the organization. Since skills can be learned, a smart recruiter can look for attitude when hiring workers. The best applicant should have a positive attitude about a job that requires the necessary skills, which is difficult to come by in most cases. As a recruiter, the approach to use here is to find someone who has a good attitude about a work advertisement.fulfill organizational needs for reliable data communications while relieving the organization of the burden of providing its own network management and maintenance.
VANs fulfill organizational needs for reliable data communications while relieving the organization of the burden of providing its own network management and maintenance.
A value-added network (VAN), a private, hosted service, offers companies a secure means to exchange and share data with their counterparties. Value-added networks were frequently used to facilitate electronic data interchange (EDI) between enterprises.
VANs expanded their service offerings to include things like message encryption, secure email, and management reporting in response to the competition that the Internet brought about with the introduction of secure email. By lowering the number of parties that a business needs to communicate with, a value-added network streamlines the communications process.
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Lillian's company has distributed a guidebook on using inclusive language that does not discriminate. This information will help her, and her coworkers follow what kind of guidelines?
group dynamics
conflict resolution
business hierarchy
business etiquette
Answer:
the answer is business etiquette
Explanation:
i just did the test and got 100 percent
A manual on employing nondiscriminatory language that is inclusive was issued by Lillian's employer. She and her employees will be better able to follow business etiquette thanks to this information. Hence, Option D is correct.
What are business etiquettes?The terms "business etiquette" and "social and business etiquette" relate to the standards and expectations of behavior in both contexts, the customary behaviors and conduct, and a professional code of ethics. All that's required is that one must act politely.
It is customary to behave in certain ways at work, and this is governed by a code of conduct. "Respect and protect time, people, and processes" is the goal of this code. Standard business etiquette is not universally accepted and can differ depending on the setting.
Therefore, Option D is correct.
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negative and positive impact of monopolies in south Africa
The positive impacts of monopoly in South Africa are related to the advantages of companies, which charge higher prices and generate economies of scale.
The disadvantages are related to the consumer, who pays higher prices since in a monopolistic market there are no more alternatives to obtain a good or service.
What is monopoly?It is a market situation where there are no competitors, with a company being the only one to sell a product or service, being the holder of the price and market power.
Therefore, a monopoly situation can be harmful to a country, leading to barriers to entry by competitors, reduced purchasing power of individuals and price exploration.
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Is Zappos relationship with Goody Two Shoes an example of cause related marketing?
Yes, Zappos' relationship with Goody Two Shoes can be considered an example of cause-related marketing.
Cause-related marketing (CRM) refers to a marketing strategy where a company partners with a nonprofit organization or a social cause to promote their products or services.
The idea behind this marketing approach is to connect the company's brand to a social or environmental cause and create a positive image for the company.
In the case of Zappos and Goody Two Shoes, Zappos has partnered with the non-profit organization to provide shoes to children in need. By connecting their brand to this social cause, Zappos is not only promoting their products but also demonstrating their commitment to giving back to the community.
This type of marketing helps the company create a positive image, build customer loyalty, and differentiate themselves from competitors.
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As I understand it, one of the most important skills in dentistry is the ability to throw and/or catch candy in your co-workers' mouths. You would definitely never try this with an unconscious patient. Choose your favorite candy for this imagined activity. Calculate the optimal throwing parameters (whatever you think is important) to land the candy in your co-worker's mouth 10 meters away. Additional Questions 1. What will be the velocity of the candy when it enters your co-worker's mouth? 2. Suppose you are inside and the ceiling is 2.5 meters high. How do you need to change your throw to avoid hitting the ceiling? 3. Now suppose you are outside with a cross-wind from left to right at 9 m/s (about 20mph ). What about your throw has to change now?
It's important to note that throwing and catching candy in a dental setting or with patients is not a recommended or appropriate practice. However, I can provide some general physics concepts related to your questions:
1. To calculate the velocity of the candy when it enters your co-worker's mouth, you need to consider the horizontal distance, vertical height, and the time it takes for the candy to travel the given distance. The velocity can be calculated using the formula: velocity = distance / time.
2. If the ceiling is 2.5 meters high, you need to adjust your throw to ensure that the candy does not hit the ceiling. This might involve throwing the candy at a lower angle or with less force to reduce the vertical distance it travels.
3. If there is a cross-wind from left to right, it will affect the trajectory of the candy. You may need to adjust the angle and force of your throw to compensate for the wind and ensure the candy reaches your co-worker accurately. Consider throwing slightly against the wind to counteract its effect.
Please remember that these answers are based on hypothetical scenarios and not real-life dental practices. Always prioritize safety, professionalism, and ethical considerations in any healthcare setting.
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What does the term 'user
experience' refer to regarding a
website?
A. the overall ease of navigation and ability to
purchase on a company's website
B. the general experience a customer has when
using a product of a business
C. the customer experience when dealing with
customer service representatives
Answer:b
Explanation:
on january 1, 2024, wellburn corporation leased an asset from tabitha company. the asset originally cost tabitha $300,000. the lease agreement is an operating lease that calls for four annual payments beginning on january 1, 2024, in the amount of $36,000. the other three remaining payments will be made on january 1 of each subsequent year. which of the following journal entries should tabitha record on january 1, 2024?
On January 1, 2021, Tabitha Company should record the following journal entry for the operating lease with Welburn Corporation: Debit Cash for $44,000 to Credit Rent Revenue for $44,000. The correct option is C.
This journal entry reflects the receipt of the first annual payment from Welburn Corporation on January 1, 2021, under the operating lease agreement, which calls for four annual payments of $44,000.
The other three remaining payments will be made on January 1 of each subsequent year. As the lessor in this operating lease, Tabitha recognizes the rent revenue immediately upon receipt of the lease payment.
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Complete question:
On January 1, 2021. Welburn Corporation leased an asset from Tabitha Company. The asset originally cost Tabitha $420,000. The lease agreement is an operating lease that calls for four annual payments beginning on January 1, 2021. In the amount of $44,000. The other three remaining payments will be made on January 1 of each subsequent year. Which of the following journal entries should Tabitha record on January 1, 2021? Multiple Choice
a. Cash Rent revenue 44,000 11,000
b. Deferred revenue Cash 14.000
c. Rent expense 44,000
d. cash Lease receivable 11,000
The two best reasons for investing company resources in vertical integration (either forward or backward) are to
a. streamline the company's value chain and/or facilitate a company's efforts to grow its sales and market share. b. improve product quality and product performance and/or enhance a company's ability to cut low value-added activities out of the company's value chain. c, better enable the company to be a leader in product innovation and/or facilitate a company's actions to be the industry's best-cost provider.
d. reduce operating costs and/or reduce its business risk. e, boost the company's profitability and/or strengthen its competitive position.
d. reduce operating costs and/or reduce its business risk.
e. boost the company's profitability and/or strengthen its competitive position are the two best reasons for investing company.
By investing in vertical integration, a company can streamline its supply chain, reduce dependency on external suppliers, and gain more control over its operations. This can lead to cost savings and reduced business risks.
Additionally, vertical integration can enhance a company's competitive position and profitability by providing better control over quality, pricing, and product offerings.
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Someone help me with this please
Answer:
A. hom0zygous dominant
Explanation:
A capital letter is a dominant gene and two dominant genes would be hom0zygous
Answer:
C none of the above
[Sorry if I'm wrong but I'm pretty sure it's that one]
Explanation:
The answer should be genotype=the Gene's of an organism
Use this graphic to answer the question.
A new restaurant owner receives a loan of $400,000.00. To help the owner make the right decisions about how to spend the money, another restaurant owner has supplied a general breakdown of costs and a flowchart on how to make investment decisions.
The restaurant is in the business district, and many customers will come in mid-afternoon for lunch. Based on the flowchart and breakdown, which cost is most important to attract these customers?
insurance
food-handler’s license
background music
kitchen equipment
The food handlers license is the cost that is the most important that would help to attract the customers.
How would the cost attract customers?Based on the fact that the business is licensed to operate, the people would be able to trust the food business.
Hence they would be more likely to be able to go there in order to get the services that they need in the business.
Hence the license is the cost that would help to attract the people
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What are federal student loans as compared to private student loans?
Answer:
Generally, there are two types of student loans—federal and private. Federal student loans and federal parent loans: These loans are funded by the federal government. Private student loans: These loans are nonfederal loans, made by a lender such as a bank, credit union, state agency, or a school.
What are the control tool during project implementation?
Control tools are essential during the implementation phase of a project. They are used to monitor and manage the progress of the project, ensuring that it stays on track and meets its goals and objectives. Control tools help project managers to identify and address any issues that may arise during the project, allowing for quick and effective resolution.
There are several control tools that are commonly used during project implementation, including:
Progress reports: Progress reports are regular updates on the status of the project. They provide project managers with a clear understanding of what has been accomplished, what still needs to be done, and any challenges that have arisen.Budget tracking: Budget tracking is the process of monitoring and managing the project's budget. This control tool helps project managers to ensure that the project is staying within budget and that there are no unexpected cost overruns.Schedule tracking: Schedule tracking is the process of monitoring and managing the project's timeline. This control tool helps project managers to ensure that the project is staying on schedule and that there are no delays.Risk management: Risk management is the process of identifying and assessing potential risks to the project and developing strategies to mitigate those risks. This control tool helps project managers to minimize the impact of potential issues and keep the project on track.Quality control: Quality control is the process of monitoring and managing the quality of the project's deliverables. This control tool helps project managers to ensure that the project is meeting the required standards of quality and that the final product is of high quality.To know more about control tools refer to-
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Regional Supermarket is open 355 days per year. Daily use of cash register tape averages 18 rolls. Usage appears normally distributed with a standard deviation of 2 rolls per day. The cost of ordering tape is $.75, and carrying costs are 36 cents per roll a year. Lead time is 2 days.Use Table1 and Table2.What is the EOQ?
Answer:
EOQ (Economic Order Quantity) formula is:
EOQ = √[(2DS)/H]
Where D is the annual demand, S is the cost of placing one order, and H is the carrying cost per unit.
First, we need to find the annual demand:
Annual demand = Daily usage x Days open = 18 rolls/day x 355 days/year = 6390 rolls/year
Next, we need to find the cost of placing one order:
Cost of placing one order = $0.75
Finally, we need to find the carrying cost per unit:
Carrying cost per unit = 0.36
Now we can plug in the values into the EOQ formula:
EOQ = √[(2 x 6390 x 0.75)/0.36] = √[10650] = 103.17
Therefore, the EOQ is 103 rolls (rounded up to the nearest whole number).
Explanation:
What was in the sealed box from the Virginia Company in England that the settlers
A opened once they arrived?
B guns and weapons for protection from Indians
C gold
D the names of the seven men who would be the leaders
E a map that showed where the gold was
Answer:
B
Explanation:
Answer:
The Virginia Company sent a list of seven qualified men who could serve on a council and be the leaders. The company leaders did this because they knew the men would have a hard time agreeing on who should be the leaders.
Explanation:
Transvaginally, an embryo with cardiac activity should be identified when the gestational sac measures ____________ millimeters (mm)
Transvaginally, an embryo with cardiac activity should be identified when the gestational sac measures 16 to 20 millimeters (mm).
A transvaginal ultrasound is an imaging method that permits your provider to see your pelvic cavity and the organs internal to your pelvis. These organs consist of your cervix, uterus, fallopian tubes, and ovaries.
Pelvic ultrasound may be achieved by the use of one or each of 2 methods: Transabdominal (through the stomach). A transducer is placed on the abdomen with the use of conductive gel. Transvaginal (through the vagina).
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employees join unions for the following reasons except ________.
Employees join unions for various reasons such as to improve their wages, to obtain better benefits, job security, improved working conditions, and to achieve greater job satisfaction.
However, there are also some reasons that people do not join unions. The reason for this is the person's perception of what a union can offer, their personal beliefs, their situation, or their company's policies. The following are reasons why employees join unions:
Better wages. One of the most compelling reasons employees join a union is to secure higher wages. Unions often negotiate with employers on behalf of their members for better pay rates.
Improved working conditions. Unions also advocate for safer and healthier working conditions for their members. They work with employers to establish guidelines for safety, security, and the environment.
Greater job security. Unions also play a role in protecting members' jobs. When employers want to make changes or reduce staff, they must negotiate with the union first. Better benefits. Unions may also negotiate better health care coverage, retirement plans, vacation and holiday time, and other benefits for their members.
Job satisfaction When workers feel they have a voice in the workplace, they tend to be more satisfied with their jobs and take greater pride in their work.
However, employees do not join unions for the following reasons: Feeling that union dues are too high and can offset the benefits of union membership. Lack of understanding of what the union can offer them. Belief that the union cannot help them, or the union is powerless
Employees join unions for various reasons such as better wages, improved working conditions, greater job security, better benefits, and job satisfaction. However, the reason for not joining a union can be personal beliefs, perception of what a union can offer, company policies, or their situation.
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Which of the following can negatively impact a borrower getting a loan?
A. All of these
B. Late payments
C. Bankruptcy
D. Defaulting on a loan
Answer:
A. All of these
Explanation:
Late payments means you aren't putting in the effort to make sure its on time. Bankruptcy means you lost all you money and are likely irresponsible with it. Defaulting on a loan means you can't make your own money and rely on the government system too much.
speak rassian for bran biggest Russian btw
Explanation:
Что ты имеешь в виду?
Answer:
i dont speak russian but you need two answers to give brainest anyways
Explanation:
但我会说中文(but i can speak chinese)
Name three factors that determine a good’s or service’s elasticity.
Answer:
Many factors determine the demand elasticity for a product, including price levels, the type of product or service, income levels, and the availability of any potential substitutes. High-priced products often are highly elastic because, if prices fall, consumers are likely to buy at a lower price.
Explanation:
Answer:
(1) availability of substitutes(2) if the good is a luxury or a necessity, (3) the proportion of income spent on the good, and(4) how much time has elapsed since the time the price changed.Bourne Incorporated reports a cash balance at the end of the month of $2,445. A comparison of the company's cash records with the monthly bank statement reveals several additional cash transactions: bank service fees ($78), an NSF check from a customer ($280), a customer’s note receivable collected by the bank ($1,100), and interest earned ($28).
Required:
Record the necessary entries to adjust the balance of cash.
Answer and Explanation:
The journal entries required to adjust the balance of cash as follows:
1. Cash Dr $1,128
To Notes receivable $1,100
To Interest revenue $28
(Being the cash is recorded)
Here cash is debited as it increased the assets and credited the notes receivable and interest revenue as it decreased the assets and revenue
2. Service expense Dr $78
Account receivable Dr $280
To cash $358
(being the cash paid is recorded)
here service expense and account receivable is debited as it increased the expenses and assets and credited the cash as it decreased the assets
You are presenting to your stakeholders and want to convey confidence. How should your body language reflect your composure
body language reflect your composure 1.) Make Eye Contact · 2.) Move Around · 4.) Smile · 5.) Don't Fidget · 6.) Relax · 7.) Emphasize Important Points with Your Eyes & Your Hands.
What is body language?Body language is a form of communication in which physical behaviors are used to express or convey information rather than words. Facial expressions, body posture, gestures, eye movement, touch, and the use of space are all examples of such behavior.
Body language is important because it helps us understand and decode what others are saying. Body language also aids in the interpretation of other people's moods and emotions. Aside from that, it improves our conscious understanding of how others react to what we say and how we say it.
Body language helps us understand and decode what someone is saying. That is how important body language is. It also aids us in interpreting the moods and emotions of others.
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using an average end product with part usages that are proportionate to the sales forecasts is most common in master production scheduling for what manufacturing environment?
The products, timing, and quantity of a manufacturer's output are specified in a master production schedule (MPS). An MPS connects production capacity and customer demand.
Briefing:-Master production schedule is used to develop a practical strategy that reduces overstock while maximizing on-time delivery.
What exactly does the master production schedule specify?A master production schedule (MPS) is a schedule for the production of certain commodities during each time period, including production, staffing, inventories, etc. The plan usually has something to do with manufacturing, where it specifies when and how much of each product will be needed.
How is a master production schedule created?Create a demand plan by mapping out your demand.
Determine the raw materials you require, then use production planning procedures to establish your supply chain.
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A bank's net interest margin is calculated by taking net interest income and:
a. dividing it by the bank's capital.
b. dividing it by the bank's assets.
c. dividing it by the sum of the bank's assets and capital.
d. subtracting taxes.
A bank's net interest margin is calculated by taking net interest income and dividing it by the bank's assets. The correct answer is option (b).
Net interest margin is a key performance indicator that reflects the difference between the interest income earned by a bank on its interest-earning assets and the interest expense paid on its interest-bearing liabilities. Net interest income is the difference between interest income and interest expense, and net interest margin is calculated by dividing net interest income by the bank's average interest-earning assets.
Therefore, option (b) is the correct answer.
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The application of scientific knowledge to the development and improvement of goods and services is generally referred to as ______. Multiple choice question. technology information production
Answer:
Technology.
Explanation:
As the definition is seen above, these qualities are directed towards technology. Technology has advanced produce and sales of goods and services a lot. It shows itself in fastening and making production easier. And also in different other forms that come as advertising, E-commerce, communication etc. Orders of certain goods are been sent thousands miles away from the producing country and are seen to be received safe and sound at the other end of the purchase country. Also adverts can be seen of a Chinese product in far away Africa through television commercials and also internet.
does the customer have the right to expect the contractor to perform risk analysis and develop a risk management plan if it is not called out as part of the contractual statement of work?
No, the customer have the right to expect the contractor to perform risk analysis and develop a risk management plan if it is not called out as part of the contractual statement of work
Almost all projects can justify risk management. Because it enables the estimator to develop a thorough understanding and awareness of the project's risks, the use of risk management in cost estimation ensures a more systematic and logical way of accounting for risks. The responsibility of managing contract risks compels the parties to step back during the negotiation process in order to assess their legal exposure.
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Rules and regulations, rather than culture or rewards, would probably be used for strategic control at what type of company
Rules and regulations are likely to be used for strategic control at highly regulated companies, such as those in industries like finance, healthcare, or pharmaceuticals.
These industries typically have strict compliance requirements due to the nature of their work. The use of rules and regulations helps ensure that employees adhere to legal and ethical standards, as well as industry-specific guidelines. For example, financial institutions must comply with regulations to prevent money laundering or fraud. In these companies, the emphasis is on following established protocols and procedures, as deviations can lead to severe legal and financial consequences. The use of rules and regulations as a form of control helps maintain consistency and minimize risk. However, it's important to note that while rules and regulations are effective for ensuring compliance, they should be complemented by a positive culture and appropriate rewards to foster employee engagement and motivation.
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Suppose that a monopolistically competitive restaurant is currently serving 230 meals per day (the output where MR - MC). At that output level, ATC per meal is $10 and consumers are willing to pay $12 per meal. Instructions: Enter your answers as whole numbers. a. What is the size of this firm's profit or loss? b. Will there be entry or exit? (Click to select Will this restaurant's demand curve shift left or right? (Click to select c. Suppose that the allocatively efficient output level in long-run equilibrium is 200 meals. In long-run equilibrium, suppose that this restaurant charges $11 per meal for 180 meals and that the marginal cost of the 180th meal is $8. What is the size of the firm's economic profit? d. Suppose that the allocatively efficient output level in long-run equilibrium is 200 meals. In long-run equilibrium, suppose that this restaurant charges $11 per meal for 180 meals and that the marginal cost of the 180th meal is $8. Is the deadweight loss for this firm
. The profit per meal is $2 ($12 - $10). Therefore, the firm's total profit is $460 (230 meals x $2 profit per meal).
b. There will be entry, as the firm is making a profit.
c. To determine the firm's economic profit, we need to compare the price and average total cost at the allocatively efficient output level. At an output level of 180 meals, the price is $11 per meal, and the average total cost is $10. Therefore, the profit per meal is $1 ($11 - $10), and the total profit is $180 (180 meals x $1 profit per meal). The marginal cost of the 180th meal being $8 is irrelevant for this calculation.
d. No, there is no deadweight loss for this firm at the allocatively efficient output level in long-run equilibrium. The firm is producing the efficient quantity of output, and the price is equal to the marginal cost, so there is no deadweight loss.
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The system of internal and external reviews and audits for all aspects of an emergency care system is known as?
The system of internal and external reviews and audits for all aspects of an emergency care system is known as quality assurance.
Quality assurance refers to the systematic processes and activities implemented to ensure that the desired quality standards are met or exceeded in a particular system or organization.
In the context of an emergency care system, quality assurance involves the continuous monitoring, evaluation, and improvement of all aspects of the system to ensure the delivery of high-quality care.
Internal and external reviews and audits are integral components of the quality assurance process. Internal reviews are conducted by individuals or teams within the emergency care system, such as quality improvement committees or peer review panels. These reviews assess the system's performance, identify areas for improvement, and implement corrective actions.
External reviews and audits involve independent organizations or regulatory bodies that assess the emergency care system's compliance with established standards, guidelines, and regulations. These external entities provide an objective evaluation of the system's quality and may offer recommendations or enforce compliance measures.
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