Identify each statement as either causing an increase or a decrease in the production of restaurant and bar services during the coronavirus pandemic of 2020, and thus shifting the production possibilities frontier (PPF) outward or inward. Shifts PPF Outward Drag appropriate answer(s) here installing barriers like sneeze guards and partitions devising a new system of curbside delivery Shifts PPF Inward shortage of cleaning supplies like paper towels contactless transactions using smartphones Drag appropriate answer(s) here
Answers
Depending on a number of variables, the output of restaurant and bar services during the 2020 coronavirus pandemic may increase or decrease, altering the production possibilities frontier (PPF) in response.
PPF is shifted outward.
(A larger number of customers will be drawn in.)
1-Creating a new curbside delivery system
2- Smartphone contactless transactions
3-Putting up dividers and sneeze guards as obstacles
Contactless payments and new technology will provide consumers with a sense of security.
a societal divide that causes people to seek more products and services, which shifts the demand curve outside.
PPF is turned inward: (Reduction in Number of consumers)
Paper towels and other cleaning materials are in short supply.
A lack of cleaning will discourage guests from entering the restaurant.
Anything that makes people feel comfortable and secure or makes it possible for restaurants to save money will cause PPF to migrate inward when customers are unwilling.
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Related Questions
You are on a business trip from Portugal to the United States for 90 days, and you have a per diem expense account of 400 euros, no receipts required. This per diem is advanced to you before the trip (36,000 euros). You deposit it into your checking account and use your Portuguese (euro) credit card to cover your costs while in the United States. After the first two weeks of your trip, the dollar weakens against the euro by 15 percent. What ethical dilemma might this currency fluctuation present for you? How will you handle it?
Answers
The ethical problem is whether to save the extra Euro for personal use and not disclose it to the firm because no receipt is necessary, spend the whole sum of 400 Euros by engaging in other activities, or just return the money.
The activity should be motivated by intent and will adhere to the deontological perspective.
According to this approach, the action should be to spend Euros while on a business trip to obtain additional valuable information for the organization, such as understanding local market conditions, discussions with channel partners, and other activities that go beyond the scope of the business trip within the budget of 400 Euros.
Following that, any Euro saved should be returned to the organization together with a declaration of the dollar's depreciation and any further information obtained.
It will assist the organization in growing and setting a positive ethical example for the personnel, and it will take the utilitarian perspective into account.
Here,
Due to the weakening of the dollar, a less number of euros will be used to buy the same basket of goods and services.
The number of euros required after 2 weeks (after depreciation in dollars) = 400 x .85 = 340 Euros per day
Therefore, the ethical dilemma is whether to spend the entire 400 Euros on other activities, refund the money, or preserve the additional Euro for personal use while keeping it a secret from the company because there is no need for a receipt.
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As the supervisor at a fast-food restaurant chain you notice that Tonya, one of your most experienced cashiers, is having trouble balancing her cash register at the end of each shift. You and others have been staying past closing time to resolve the discrepancy. After observing her performance for several days, you notice she seems to be making careless mistakes, such as giving the wrong change. You wonder if she has become bored. What would be the best way to share your observations with Tonya?
Answers
Answer:
hey i see that you have been making a lot of mistakes latly are you okay
Explanation:
Try not to be rude
Kennedy Company reports the following costs and expenses in May.
Factory utilities $16,500
Depreciation on factory equipment 12,650
Depreciation on delivery trucks 3,800
Indirect factory labor 48,900
Indirect materials 70,800
Direct materials used 157,600
Factory manager's salary 8,000
Direct labor 79,100
Sales salaries 48,400
Property taxes on factory building 2,500
Repairs to office equipment 1,300
Factory repairs 2,000
Advertising 23,000
Office supplies used 4,640
Required:
a. Determine the total amount of manufacturing overhead.
b. Determine the total amount of product costs.
c. Determine the total amount of period costs.
Answers
Answer:
a. $161,350
b. $398,050
c. $81,140
Explanation:
Total amount of manufacturing overhead
Factory utilities $16,500
Depreciation on factory equipment $12,650
Indirect factory labor $48,900
Indirect materials $70,800
Factory manager's salary $8,000
Property taxes on factory building $2,500
Factory repairs $2,000
Total $161,350
Note : Manufacturing Overheads are Indirect Manufacturing Costs that can not be easily traced to the Product being manufactured.
The total amount of product costs
Direct materials used $157,600
Direct labor $79,100
Manufacturing Overhead $161,350
Total $398,050
Note : Product Costs are Direct Manufacturing Costs that can be easily traced to the Product being manufactured.
The total amount of period costs
Depreciation on delivery trucks $3,800
Sales salaries $48,400
Repairs to office equipment $1,300
Advertising $23,000
Office supplies used $4,640
Total $81,140
Note : All Non Manufacturing Costs are Period Cost. Period Costs are expensed in the Income Statement.
12. Horizon Electronics is launching a new all-in-one product. The product can be used to play music, watch movies, check e-mail, and make phone calls. Because
there are so many features, you know there will be many questions. Your company is advertising a sale on the product, hoping that customers will buy it from your
store rather than online or at a competitor's store. How should you prepare for the large volume of customers asking about this product?
OA. Tell customers that they can call Horizon Electronics directly to answer questions about how to use the product.
OB. Rely on one of your co-workers to help you answer questions as he just bought the product for himself.
OC. Test the item on display making sure you can explain how to use each feature.
O D. Remind customers they can return the item if it is too difficult to use.
Answers
The best approach to prepare for the large volume of customers asking about the new product is:
OC. Test the item on display, making sure you can explain how to use each feature.
By testing the product on display and familiarizing yourself with its features, you will be able to provide accurate information and demonstrations to customers. This will help you address their questions and concerns effectively, increasing their confidence in purchasing the product from your store.
"Group decision making is better". Do you agree or disagree with the statement? Give 3 reasons why do you say so?
Answers
Answer:
I agree because it make the group bring out more ideals
sometimes group decision make some people to voice out their problems
group decision help organization and firms to operate in good aims
Identify effective decision making techniques?
Answers
Answer:
Step 1: Identify the decision. You realize that you need to make a decision. ...
Step 2: Gather relevant information. ...
Step 3: Identify the alternatives. ...
7 STEPS TO EFFECTIVE.
Step 4: Weigh the evidence. ...
Step 5: Choose among alternatives. ...
Step 6: Take action. ...
Step 7: Review your decision & its consequences.
probability
find the probability
Answers
Answer:
i think 7 jahahhhaa
Break-Even Sales
BeerBev, Inc., reported the following operating information for a recent year (in millions):
Sales $6,512
Cost of goods sold $1,628
Gross profit $4,884
Marketing, general, and admin. expenses 592
Income from operations $ 4,292
Assume that BeerBev sold 37 million barrels of beer during the year, that variable costs were 75% of the cost of goods sold and 50% of marketing, general and administration expenses, and that the remaining costs are fixed. For the following year, assume that BeerBev expects pricing, variable costs per barrel, and fixed costs to remain constant, except that new distribution and general office facilities are expected to increase fixed costs by $21.09 million.
Compute the break-even sales (in barrels) for the current year. Round your answer to two decimal places. Enter your answers in millions.
Answers
The break-even sales for the current year are 32.04 million barrels, rounded to two decimal places.
First, we need to calculate the total fixed costs for the current year
Fixed costs = Total costs - (Variable costs + Cost of goods sold x Variable cost % + Marketing, general, and admin. expenses x Variable cost %)
Fixed costs = $6,512 million - ($1,628 million + $1,221 million + $296 million)
Fixed costs = $3,367 million
Next, we can calculate the contribution margin per barrel:
Contribution margin per barrel = Price per barrel - Variable cost per barrel
We don't have the price per barrel, but we can use the gross profit and the number of barrels sold to calculate the average gross profit per barrel
Average gross profit per barrel = Gross profit / Barrels sold
Average gross profit per barrel = $4,884 million / 37 million barrels
Average gross profit per barrel = $132 per barrel
Assuming variable costs per barrel remain constant, we can use the variable cost % to calculate the variable cost per barrel
Variable cost per barrel = Cost of goods sold x Variable cost % / Barrels sold + Marketing, general, and admin. expenses x Variable cost % / Barrels sold
Variable cost per barrel = $1,628 million x 75% / 37 million barrels + $592 million x 50% / 37 million barrels
Variable cost per barrel = $27.03 per barrel
Therefore, the contribution margin per barrel is
Contribution margin per barrel = $132 - $27.03
Contribution margin per barrel = $104.97
Finally, we can calculate the break-even sales in barrels for the current year
Break-even sales (in barrels) = Fixed costs / Contribution margin per barrel
Break-even sales (in barrels) = $3,367 million / $104.97 per barrel
Break-even sales (in barrels) = 32.04 million barrels
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the standard time required per unit of a product is 20 minutes. in a day of 8 working hours a worker gives an output of 30 units. if he gets a time rate of ` 20 per hour his total earning under halsey bonus scheme is
Answers
The bonus earned by the worker would be 30% of 2 hours, which is equal to 0.3 * 2 * $20 = $12.
The Halsey bonus scheme is a productivity-based incentive system that provides workers with a bonus based on the time saved in completing their assigned tasks. Under the Halsey bonus scheme, the worker receives a percentage of the time saved as a bonus.
In this scenario, the standard time required per unit of a product is 20 minutes, which is equivalent to 1/3 of an hour (20/60). The worker is able to produce 30 units in a day of 8 working hours, which means the total time taken for production is 30 units * 1/3 hour per unit = 10 hours.
Since the worker works for 8 hours in a day, the time saved is 10 hours - 8 hours = 2 hours. According to the Halsey bonus scheme, the worker is entitled to a percentage of the time saved as a bonus. The Halsey system typically allocates 30% of the time saved as a bonus.
Therefore, the bonus earned by the worker would be 30% of 2 hours, which is equal to 0.3 * 2 * $20 = $12.
In summary, under the Halsey bonus scheme, the worker's total earning would include the regular wages for 8 hours of work, which is 8 * $20 = $160, along with the bonus earned, which is $12. Hence, the worker's total earning under the Halsey bonus scheme would be $160 + $12 = $172.
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As a human resources manager three selection measures you could use to select your targeted employees in 5star international resort.
Answers
Answer:
Selection measures simply refer to the yardstick that HR Managers or businesses use to make hiring decisions.
Three litmus tests which the successful candidate must pass are:
1. Culture Fit: An International Resort business with a 5-star rating must have gotten there with the right values, and culture. When a candidates attitudes, beliefs and values mirror that of the organisation, they are said to be culture fit.
2. Job Fit: It is the job of the Human Resources manager to ensure that the candidate can do the job. He or she can achieve this by using various recruitment, selection and interview. For a 5 Start International Resort, for instance, the employees must be very people-centric, courteous and display high levels of social and emotional intelligence.
3. Background Checks: Having satisfied the first two criteria, the prospective employees must have strong references and background checks which reveal:
consistency in the information provided during the application process; and good standing with their current and or previous employer/colleagues.
Cheers!
a cellular phone is a phone that is cellular" How might you explain to the speaker the problem with this assertion?
Answers
Wally's Walleyes wants to introduce a new product that has a start-up cost of $7,800. The product has a 2-year life and will provide cash flows of $4,500 in Year 1 and $4,300 in Year 2. The required rate of return is 15 percent. Should the product be introduced? Why or why not?
Answers
The calculated NPV is negative, indicating that the present value of expected cash flows does not exceed the start-up cost of the project. In other words, the project is expected to generate a net loss.
To determine whether Wally's Walleyes should introduce the new product, we can calculate the net present value (NPV) of the project. The NPV measures the present value of expected cash flows, taking into account the required rate of return.
To calculate the NPV, we need to discount the cash flows using the required rate of return (15 percent). The formula for calculating NPV is:
NPV = Cash Flow Year 1 / (1 + Required Rate of Return)^1 + Cash Flow Year 2 / (1 + Required Rate of Return)^2 - Start-up Cost
\(NPV = $4,500 / (1 + 0.15)^1 + $4,300 / (1 + 0.15)^2 - $7,800\)
\(NPV = $4,500 / 1.15 + $4,300 / (1.15)^2 - $7,800\)
NPV = $3,913.04 + $3,537.41 - $7,800
NPV = -$350.55
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Question 1: Problem solving (14 Marks)
A handicraft products trader is selling leather cases for $40 the unit. To run his business, he needs to pay $10000 for rent, $5000 salaries, and another $5000 for marketing campaigns. The handicraft trader has the choice to import his products from different countries, and it will cost him $20 per unit if the product comes from China, $25 per unit if the product comes from India, and $15 per unit if the product comes from Malaysia.
Questions:
1. If the trader must choose to import his products from one country, then which country will it be? (3 Marks)
2. compute the trader’s profit if he sells 40 units imported from China and 50 units imported from India. (2 Marks)
Answers
Answer:
A handicraft products trader
1. The country to choose is Malaysia with the lowest variable cost.
2. Trader's profit under two scenarios:
China India Total
Sales revenue $1,600 $2,000 $3,600
Variable cost 800 1,250 2,050
Contribution $800 $750 $1,550
Fixed costs 20,000
Net loss $18,450
Explanation:
Selling price of leather cases = $40 per unit
Fixed costs:
Rent = $10,000
Salaries = $5,000
Advertising = $5,000
Total fixed costs = $20,000
Variable costs:
China = $20
India = $25
Malaysia = $15
Variable costs:
China = $800 ($20 * 40 units)
India = $1,250 ($25 * 50 units)
How does improved personal finance benefit the economy in general?
Answers
Answer:
People’s ability to save. People taking risks when they do not no they are. Spending money on lottery tickets. An improved personal finance is good for everyone.
Explanation:
Drag the tiles to the correct boxes to complete the pairs.
Match the steps for conducting an informational interview with the task involved in each step or its purpose.
Research your chosen career field.
Prepare for the interview.
Follow up with your interviewer.
Identify someone to interview.
Conduct the informational interview.
Learn more about a company that interests you.
Answers
The correct matching of the steps for conducting an informational interview with the task involved in each step or its purpose is given
The MatchingResearch your chosen career field - Gain a deeper understanding of the industry or job, helping you ask informed questions during the interview and providing context for responses.
Identify someone to interview - Find a professional with relevant experience in your desired field or company, who can share insights and knowledge.
Prepare for the interview - Create a list of thoughtful questions based on your research and interests, and manage logistical tasks like scheduling and confirming meeting details.
Conduct the informational interview - Engage in a conversation, asking prepared questions and actively listening to insights and experiences.
Follow up with your interviewer - Send a thank-you note expressing gratitude and maintaining a positive connection for future networking opportunities.
Learn more about a company that interests you - Use insights from the informational interview to expand your understanding of a specific organization's culture, values, and opportunities, informing future career decisions and tailored job applications.
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Anil needs to show the overlap of people who live in a certain neighborhood in his
city and who support a specific political candidate. What type of conceptual diagram
should he use?
a.timeline
b.Venn diagram
c.process flow diagram
d.system model
Answers
Answer:
It's should be Venn diagram
Explanation: I had this question too
Anil needs to show the overlap of people who live in a certain neighborhood in his city and who support a specific political candidate Venn diagram is a conceptual diagram. Therefore option B is correct.
What is a Venn diagram?A Venn diagram is a visual representation that makes use of circles to highlight the connections between different objects or limited groupings of objects. Circles that overlap have some characteristics, but circles that do not overlap do not.
Venn diagrams are useful for showing how two concepts are related and different graphically. They have long been acknowledged for their value as teaching resources. Venn diagrams have been incorporated into elementary-level lesson plans and the introduction to logic curricula worldwide since the middle of the 20th century.
Venn diagrams are helpful for displaying the relationships between several ideas or elements. They can quickly demonstrate how objects are alike or unlike as well as where and how they overlap. A Venn diagram's center, which is where two or more circles meet, frequently indicates some nexus or central concept that may be broken down into the various other circles, with the labels on the outer sections representing more abstract and separate concepts than those near the center.
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Supervisors can more easily manage employees' motivation than they can their ability or the environment.
a. true
b. false
Answers
The statement is False.
Cheers!
The given statement is false.
Who are supervisors?A lower-level management position that is primarily centered on power over employees or the workplace is known as a supervisor, or lead. A professor who supervises a Ph.D. dissertation is an example of one of the most senior members of staff who can serve as a supervisor.
The supervisor's overall role exists to communicate organizational needs, oversee employees' interpretation, furnish guidance, and support, determine development needs, and manage the reciprocal relationship between staff and the association so that each exists successfully.
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Which type of bond is sold at face value?
SEP
CD
Series I Savings Bond
Series EE Savings Bonds
Answers
The type of bond sold at face value are Series I savings bond and Series EE savings Bonds.
An IOU-like debt security is called a bond. Borrowers issue bonds to attract capital from investors ready to extend a loan to them for a specific period of time. When you purchase a bond, you are making a loan to the issuer, a corporation, a government, or a municipality.
Governments and businesses both issue bonds to raise money. By purchasing a bond, you are making a loan to the issuer, who agrees to repay the face value of the loan on a specific date and you pay along the way, you will receive periodic interest payments—typically twice a year.
The correct answer are both "3rd and 4th" option.
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If Canadians were not allowed to own private property and did not have freedom of choice, what impact would that have on business?
Answers
Answer:A big one
Explanation:
They don’t have freedom of speech.
In order to go on spring break in March, Michelle must have $2,000 in her savings account by February 1 at 5:00 p.m. in order to purchase the plane ticket. Which type of SMART goal is this
Answers
The type of SMART goal that's depicted by the scenario is known as time-bound.
What are SMART goals?It should be noted that SMART goals are the goals that are required to achieve the goals an objectives of employees performance and project management.
In this case, the type of SMART goal that's depicted by the scenario is known as time-bound.
Time bound means that every goal needs a target date, and this part of the SMART goal helps to prevent everyday tasks from taking priority over the longer-term goals.
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Debt Type
Credit Card 1
Credit Card 2
(Private) Student Loan Debt
Vehicle Debt
Mortgage Debt
Amount
$5000
$2950
$25,745
$10,392
$100,197
1. How long does it take to pay off this debt?
I
2. How much total interest do you pay on your debts?
Interest Rate
which
3. List the debts in which order they are paid off:
26.9%
8.25%
10.5%
4.61%
3.44%
Monthly Payment
150
88.50
Part 1 - High Rate
Enter your 5 debts into the What's The Cost? Calculator, using "Interest Order" (aka
Answers
Answer:
Select asks which to pay off first: Credit card debt or student loan debt? According to Bruce McClary, a spokesman for the NFCC, there's a special rule.
4. If an economy with full employment faces a high risk of inflation, which of the following
policies should the federal government pursue?
Answers
Answer:
monetary policy
Explanation:
The goal of a contractionary policy is to reduce the money supply within an economy by increasing interest rates. 5 This helps slow economic growth by making credit more expensive, which reduces consumer and business spending.
since u didn't specifically said the option this is the most likely
QUESTION 2 of 10: Which is NOT something you should look for in a savings account?
a) Low (or no) monthly fee
b) Rewards for using your debit card
c) Free online banking
d) Competitive interest rate
Answers
Answer:
d. Rewards for using your debit card
Explanation:
A "debit card" allows a person to withdraw his funds from his checking account, not from his savings account. It is the checking account that usually offers debit cards.
A "savings account" allows a person to do "online banking." Some banks are purely online and they offer "low or no monthly fee." Depositing money to your savings account provides a competitive interest rate, which is dependent on the amount of money you are putting away.
what's the best way to calculate ending inventory if using FIFO method?
Answers
Answer:
According to-
Explanation:
According to the FIFO method, the first units are sold first, and the calculation uses the newest units. So, the ending inventory would be 1,500 x 10 = 15,000, since $10 was the cost of the newest units purchased.
Courses that are at the college level and require an exam to evaluate student achievement level are called
Advanced Placement® courses
career and technical education courses
dual enrollment courses
International Baccalaureate® courses
Answers
Courses that are at the college level and require an exam to evaluate student achievement level are called Advanced Placement courses
What is an Advanced Placement course?Advanced Placement courses are also known as AP courses that give students the chance to undertake a college assessment.
In summary, AP exams are used to ascertain the level of preparedness of students for college.
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Answer: A
Explanation:
The College Board Advanced Placement® (AP) Program offers more than 30 college-level courses, each with an exam to evaluate the level of student achievement in that subject. Students who earn a score of 3 or higher on an AP Exam might earn college credit.
how useful is knowing the business impact of your project compared to that of your team mates' other work?
Answers
Your company uses an organized method called business analysis to identify and assess the possible effects of disruption to crucial business processes caused by crises, accidents, or catastrophes. A business impact study is a crucial component of a company's business continuity strategy.
If I came upon any of my teammates' evaluation data in a shared folder, I would preserve it before returning it to the teammate.
A project Manager provides a project life, but business impact analysis gives that life a path to success. Projects are helpful and straightforward to utilize, letting the effort you put into the study pay off. A business impact analysis is a fantastic tool for evaluating risk and establishing a recovery plan should it arise. That sounds project-like.
Evaluations frequently center on a person's performance. It relates to their line of business.Every colleague goes through a similar evaluation process once a year. It informs them of their shortcomings and growth.Saving this information is essential since it can aid someone in developing their talents.Learn more about business here https://brainly.com/question/26106218
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1. What important financial elements need to be considered in the process of planning for starting a family and managing finances thereafter?
2. What is your groundbreaking idea for how an online bank can serve their guests and/or customers throughout this process?
i. We are open to ideas that serve guests (non-customers) and/or customers. For context, think about how a streaming service offers free viewing or listening, but advanced features for paying customers.
ii.Feel free to get creative here. The resource could be anything from a digital solution such as an app/website to a physical representative, paper resources, online or in-person courses, etc.
iii. Be as specific as possible. What features will be included in your solution to make it an effective resource? (Ex. Weekly check-ins, progress tracker, etc.)
3. (Optional) If you feel it would strengthen your submission, attach an artistic rendering (sketch, mockup, wireframe, etc.) showing how your idea works and the most important features that a customer would use.
Answers
The ……………. refers to something being put into the system. This is transformed by the organisation (or parts of it) through an activity or function of the organisation.
Answers
Answer:
any options ?
Explanation:
any options ?
12. If an individual has a credit score of 560 and they pay their credit card late once or twice, what might they expect a credit card company to do?
A. Close their account.
B. Offer them a lower APR to lower payments
C. Send the account to collections
D. Increase the APR to 24% or higher and charge a late fee
Answers
They expect a credit card company to Send the account to collections they expect a credit card company to. Thus option C is correct.
What is a credit card?A sort of line of credit offered by banks seems to be a credit card, which enables users to borrow money up to a pre-approved available credit. Users can use it to transact in the purchasing of goods as well as services.
As this is because the late payment of anything will not appear on the credit card report. This was to make sure that the people will have a chance to pay.
As the late payment will not affect the credit score. There will be someone who will be present for the collection of the payment. Therefore, option C is the correct option.
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When using a cost-based price, the denominator in the calculation always includes the costs included in the base plus the desired profit.
a. True
b. False