In a Cournot oligopoly with N firms and identical marginal costs, the connection between the price elasticity of market demand and that of the firm is Em=Ef/N.
Which industries exhibit oligopoly?
Oligopolies have existed throughout history in many different sectors, including those that manufacture railroads, tires, cellular carriers, grocery store chains, and oil and steel. The pharmaceutical nor aviation industries both have oligopoly structures.
What does market oligopoly mean?
In oligopoly markets, a limited number of suppliers dominate the market. They exist in every nation and are utilized by numerous industries. Although some oligopoly markets may simply be superficially more competitive than others, some may actually be.
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4. Does inflation cause a change in demand? Explain the role of inflation in determining demand.
Answer:
Inflation is an increase in the general price level in an economy. It is probably caused by the relative increase in the amount of money in relation to the available economic production. If the social money supply increases and the country's production is not matched, the average price level will rise due to the increased demand for goods. Due to the price increases, the value of money, the purchasing power of money, decreases. You can buy less for the same amount, thus lowering demand.
please help
Arthur showed up five minutes late to his job interview. His interviewer will likely wonder whether he possesses which important business skill?
Group of answer choices
punctuality
responsibility
integrity
ability to follow a schedule
Answer:
D) ability to follow a schedule
Answer:
Punctuality
Explanation:
I took this test, and this was the right answer
Which website allows individuals to search for suitable job profiles and employers?
Answer:
LinkedIn is a good site
Explanation:
I WILL GIVE BRAINLIEST!!!
What needs to happen to prevent scarcity from re-occurring in the future?
Answer:
Government shouldn't increase the rate of tax
plants should be planted
Natural resources should be utilize properly
water resources should be kept clean
Explanation:
........
Income tax that is payable to the federal government is collected by the
.
who ever anwer is marked brainlist
Answer:
Guy above is 100% correct, I put IRS and got 5/5!
Explanation:
you would like to develop a simulation model for estimating the time until failure of a product. which distribution is most appropriate for your model?
When developing a simulation model to estimate the time until failure of a product, the distribution that is often considered most appropriate is the **Weibull distribution**.
The Weibull distribution is commonly used in reliability engineering and survival analysis. It is a flexible distribution that can capture various shapes of failure rates over time, making it suitable for modeling the lifetime or time-to-failure of products.
The Weibull distribution is characterized by two parameters: shape (beta) and scale (lambda). The shape parameter determines the curve's behavior, representing whether the failure rate increases (beta > 1) or decreases (beta < 1) over time. The scale parameter controls the distribution's overall location and scale.
By fitting historical failure data or using expert knowledge, the shape and scale parameters can be estimated for a specific product or system. Once the parameters are determined, the Weibull distribution can be used to generate random values representing the time until failure in the simulation model.
It's important to note that the choice of distribution may vary depending on the specific characteristics of the product, available data, and assumptions made in the modeling process. Other distributions such as the exponential distribution or lognormal distribution may also be suitable in certain scenarios. Therefore, it is recommended to analyze the specific context and characteristics of the product before selecting the most appropriate distribution for the simulation model.
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Discuss how a minor change in demand at the retail level can significantly impact supply chain variation at distributors, manufacturers, and suppliers.
Answer:
The changes in the demand do mean that the demand could be increased or decrease for the need for the product and the services by the suppliers.
Explanation:
The minor changes in retail development can cause the bullwhip effect at the entire chain supply. The demand for the forecast at the retail level does not seem accurate always.
Thus all the organizations used some safety tools for some of the stock because of the fluctuation in the demand of the product. When demands get fluctuate, the capabilities of the safety stock that is reserved for the distributors to get offset to the manufacturer.
This burden is shared with the suppliers. But at each stage of the process, the demand exponentially increased.
A minor change in demand at the retail level can significantly impact
supply chain variation at distributors, manufacturers, and suppliers.
The number of goods produced by industries are as a result of the market
survey ,speculations and demand .
When there is a change such as low demand then the goods produced will
be reduced to avoid spoilage and when demand increases, goods produced also increases.
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what is the name for the total amount of money the united states government is authorized to borrow?
The total amount of money the United States government is authorized to borrow is referred to as the "debt ceiling" or "statutory debt limit."
The debt ceiling, also known as the statutory debt limit, is a legal limit set by the United States Congress on the total amount of federal debt that the government can incur. This limit helps ensure that the government can meet its financial obligations and maintain the full faith and credit of the United States.
When the government needs to borrow money to finance its operations, it issues Treasury bonds, bills, and notes to the public and to financial institutions. These securities are essentially IOUs, and the debt ceiling sets the maximum amount of IOUs that the government can issue.
The debt ceiling is periodically raised by Congress when the government needs to borrow more money. This is because the cost of government operations, such as defense spending, entitlement programs, and interest on the national debt, continues to rise. When the debt ceiling is reached, the Treasury can no longer issue new securities to finance government operations, which could lead to a government shutdown or default on its debt obligations.
It's worth noting that the debt ceiling is not a cap on the amount of money the government can spend. Rather, it's a cap on the amount of debt the government can incur to finance its spending. When the debt ceiling is reached, the government must either cut spending, raise taxes, or find other sources of revenue to avoid defaulting on its debt obligations.
In recent years, debates over raising the debt ceiling have become politically charged, with some lawmakers advocating for spending cuts and others advocating for tax increases. Regardless of the outcome, the debt ceiling remains a critical aspect of the government's fiscal management and an important factor in maintaining the stability of the U.S. economy.
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Jessica bought a desktop computer and a laptop computer. Before finance charges, the laptop cost $250 less than the desktop. She paid for the computers using two different financing plans. For the desktop the interest rate was 7% per year, and for the laptop it was 8% per year. The total finance charges for one year were $325. How much did each computer cost before finance charges
Answer:
Let desktop cost = x
Let laptop cost = x - 250
According to equation:
(x*7)/100 + (x-250)*8/100 = 325
7x + 8x - 2000 = 32500
15x = 32500+2000
15x = 34500
x = 2300
Desktop cost before finance charge = $2,300
Laptop cost before finance charge = $2,050 ($2,300-$250)
can someone help me? got till the end of the day :/
Answer:
A
Explanation:
in proforma analysis, what determines whether or not an account on the balance sheet or income statement is relevant to a project?
In pro forma analysis, If the project causes an account value to change, then it is relevant.
Pro forma analysis:
A pro forma analysis is an analytical forecast of a company's potential financial position based on a review of historical information, operating metrics, and potential cost savings from anticipated changes. A pro forma analysis is typically performed in conjunction with a financial audit.
What should the pro forma include?A pro forma model models the expected outcome of a transaction, with particular emphasis on projected cash flows, net income, and taxes. Therefore, pro forma statements summarize the company's expected future state based on its current financial statements.
Why are pro forma important?A pro forma income statement is important because of the information it can provide to the company. For example, if you are preparing to produce a new item, your financial statements will help you predict whether the production of the new item will increase your costs.
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What is a source of equity financing?
A. securing short-term loans from a family member
B. receiving trade credit from suppliers
C. selling personal assets to raise funds
D. securing government loans
E. borrowing money from friends
A radio commercial for a loan company states: "You only pay 27¢ a day for each $500 borrowed." If you borrow $1,478 for 129 days, what amount will you repay, and what annual interest rate is the company actually charging? (Assume a 360-day year.) a. Amount you repay = $ (Round to two decimal places.)
The amount you will repay is $1,480.80.
According to the radio commercial, for each $500 borrowed, you only pay 27¢ per day. Therefore, for the borrowed amount of $1,478, the daily repayment can be calculated as follows:
Daily repayment = (27¢ / $500) * $1,478 = $8.09
Since the loan period is 129 days, the total repayment amount can be calculated by multiplying the daily repayment by the number of days:
Total repayment amount = $8.09 * 129 = $1,044.61
However, it's important to note that the given repayment amount of $1,478 already includes the interest charged by the loan company. To calculate the actual annual interest rate charged by the company, we can use the formula for simple interest:
Interest = Principal * Rate * Time
In this case, the principal is $1,478, the time is 129/360 years (assuming a 360-day year), and the interest is the difference between the total repayment amount and the principal. Rearranging the formula to solve for the rate, we have:
Rate = Interest / (Principal * Time) * 100
Plugging in the values, we get:
Rate = ($1,044.61 - $1,478) / ($1,478 * (129/360)) * 100 ≈ 64.19%
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Tioga Company manufactures sophisticated lenses and mirrors used in large optical telescopes. The company is now preparing its annual profit plan. As part of its analysis of the profitability of individual products, the controller estimates the amount of overhead that should be allocated to the individual product lines from the following information.Lenses Mirrors Units produced 22 22 Material moves per product line 17 7 Direct-labor hours per unit 230 230 The total budgeted material-handling cost is $71,720.
Required:
1. Under a costing system that allocates overhead on the basis of direct-labor hours, the material-handling costs allocated to one lens would be what amount?
2. Under a costing system that allocates overhead on the basis of direct-labor hours, the material-handling costs allocated to one mirror would be what amount?
3. Under activity-based costing (ABC), the material-handling costs allocated to one lens would be what amount? The cost driver for the material-handling activity is the number of material moves.
4. Under activity-based costing (ABC), the material-handling costs allocated to one mirror would be what amount? The cost driver for the material-handling activity is the number of material moves.
Under a costing system that allocates overhead on the basis of direct-labor hours, the material-handling costs allocated to one lens would be:
First, we need to calculate the total direct labor hours for producing 22 lenses:
22 lenses x 230 direct-labor hours per unit = 5,060 total direct-labor hours
Next, we can use the direct-labor hours as the cost driver to allocate the material-handling cost:
Material-handling cost per direct-labor hour = $71,720 total material-handling cost / 5,060 total direct-labor hours
Material-handling cost per direct-labor hour = $14.16 per direct-labor hour
Finally, we can allocate the material-handling cost to one lens:
Material-handling cost per lens = $14.16 per direct-labor hour x 230 direct-labor hours per lens
Material-handling cost per lens = $3,254.80
Under a costing system that allocates overhead on the basis of direct-labor hours, the material-handling costs allocated to one mirror would be:
Using the same approach as in question 1, we can calculate the material-handling cost allocated to one mirror:
Material-handling cost per mirror = $14.16 per direct-labor hour x 230 direct-labor hours per mirror
Material-handling cost per mirror = $3,254.80
Under activity-based costing (ABC), the material-handling costs allocated to one lens would be:
The cost driver for the material-handling activity is the number of material moves. From the information given, we know that 22 lenses require 17 material moves each, for a total of 374 material moves:
22 lenses x 17 material moves per lens = 374 total material moves
The cost per material move can be calculated as:
Cost per material move = $71,720 total material-handling cost / 374 total material moves
Cost per material move = $191.73 per material move
Finally, we can allocate the material-handling cost to one lens:
Material-handling cost per lens = $191.73 per material move x 17 material moves per lens
Material-handling cost per lens = $3,257.41
Under activity-based costing (ABC), the material-handling costs allocated to one mirror would be calculated in the same way:
Material moves per product line for mirrors = 7 moves
Total material moves for mirrors = 22 units x 7 moves = 154 moves
Overhead rate per material move = Budgeted material-handling cost / Total material moves = $71,720 / 154 moves = $465.84 per move
Material-handling costs allocated to one mirror = Material moves per product line x Overhead rate per material move = 7 moves x $465.84 per move = $3,260.88
Therefore, the material-handling costs allocated to one mirror under ABC would be $3,260.88.
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4. A few minutes later you came across some old commercials for the movie The Hunger Games.
Again, you realized that you learned about this type of economy in your economics class. Which type
of economic system best describes the fictional country of Panem? How can you tell?
The type of economic system that is in place in the fictional country of Panem is a Command economy.
How was Panem a command economy ?In a command economy, all economic decisions are made at the discretion of the central authority. The land and the means of production are either owned by the state or a group.
Government control, as opposed to private enterprise, according to proponents of command economies, can guarantee a just distribution of goods and services.
Panem was a command economy in the Hunger Games because the government in the Capital controlled all aspects of life in the various districts.
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List qualities a good manager should have. What are the advantages and drawbacks of being in a position of authority?The qualities of a good manager are:The advantages of being a manager are:The drawbacks of being a manager are:
17. Gross income = $450,000; Expenses = $200,000; Loan Payment = $23,740; Loan Interest Paid = $6,000; Depreciation = $50,000; tax rate = 21%. The after-tax cash flow is closest to …
a) $185,520
b) $179,520
c) $40,740
d) $205,500
e) $176,260
f) $189,245
g) $203,845
The after-tax cash flow using the given information is $185,520. Hence the correct answer is option a).
We are given the following information:
Gross income: $450,000
Expenses: $200,000
Loan payment: $23,740
Loan interest paid: $6,000
Depreciation: $50,000
Taxable income = Gross income - Expenses - Loan Interest Paid - Depreciation
Taxable income = $450,000 - $200,000 - $6,000 - $50,000
Taxable income = $194,000
Tax liability = Taxable income x Tax rate
Tax liability = $194,000 x 0.21
Tax liability = $40,740
After-tax cash flow = Gross income - Expenses - Loan Payment - Tax liability
After-tax cash flow = $450,000 - $200,000 - $23,740 - $40,740
After-tax cash flow = $185,520
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5) How will the goals of your information systems proposal help the company achieve one of its business goals? Use a different goal than what you used in question 3 of this Analysis section. (3 points)
Explanation:
Information systems can help the decision-making process in a company more effectively, an example is the management information system, which is an information system focused on the past and present information of an organization that helps in the projections that will influence the future of a company.
A management information system allows a manager to analyze a large volume of information more quickly and find patterns, correct errors, guarantee greater reliability of information, it is cheaper, greater ability to forecast scenarios and adapt to the market, among other advantages that automation provides for an organization.
In which of the following situations would it be MOST beneficial to hire a financial adviser?
A. I’m a senior in college, am about to graduate, and need to create a plan for paying off my student loans.
B. I have a car loan, a large student loan, and a backlog of unpaid medical bills that I’m struggling to keep up with.
C. I’m having a hard time tracking my expenses and income, and want to establish a solid monthly budget to better manage my money.
D. I have a $1,250 credit card bill with a 22% interest rate that I’m trying to pay off.
Abdul buys all his machinery on credit. He provided the following information.
at 30 April 2020
$
at 30 April 2021
S
30 000
42000
machinery at cost
amounts owing to suppliers of machinery
19000
?
During the year Abdul paid $25000 to the suppliers of his machinery.
How much did he owe them on 30 April 2021?
A
$6000
B
$13 000
C $17000
D
$32000
The Answer to this is $6,000.
Because the machine went up $12000, you would add $12000 to the 19000
making it 31000.
31000-25000=6000
how to calculate cost of sales and gross profit
given that bob can respond by revising his price, too, what is the best price for you (angela's) to charge in this scenario?
The best price for Angela to charge in a scenario where Bob can revise his price too is a concept known as the Nash Equilibrium. This is a situation in which both parties make their best decisions given the decisions of the other party.
The Nash Equilibrium is the price at which neither Angela nor Bob have an incentive to revise their price.To determine the Nash Equilibrium in this scenario, Angela must consider the revision of price that Bob may make in response to her initial pricing decision. If Angela sets her price too high, Bob may revise his price lower to become more competitive. On the other hand, if Angela sets her price too low, Bob may revise his price higher to take advantage of the market.
To determine the Nash Equilibrium, Angela must consider the demand for her product, her costs, and Bob's behavior.
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You're given a monthly budget of $400 for social media advertising. You want to set a daily budget for February to insure you don't overspend for the month. What is your daily budget? (It is not a leap year.)
Answer:
$14.28
Explanation:
you will have a couple of cents left over at the end because you cant evenly divide 400 by 28
the magnitude of operating leverage for perkins corporation is 4.5 when sales are $100,000. if sales increase to $110,000, profits would be expected to increase by what percent? a. 4.5% b.14.5% c.45% d.10%
It would be anticipated that the profit would rise by 45%. The appropriate response to the given question is option (c).
What is Operating Leverage?The percentage of a company's cost structure that is made up of fixed expenses as opposed to variable costs is measured by operating leverage. A corporation is said to have more operating leverage if its fixed expenses are higher than its variable costs.
Magnitude of operating leverage= 4.5
Old sales= $100000
New sales= $110000
Percentage increase in sales:
(New-old)/old = (110,000-100,000)/100,000
= 10%
Consequently, a percentage rise in profit might be anticipated:
sales percentage growth times the degree of operational leverage
= 10% * 4.5
= 45%
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if total income in sweden remains the same but the wage share of income rises, the swedish ad curve will most likely: multiple choice shift to the left. shift to the right. become flatter. become steeper.
When total income in Sweden remains the same but the wage share of income rises, the Swedish AD curve will most likely shift to the right.
Why do you use the term AD curve?
The link between the total amount of output demanded (calculated as real GDP) and the price level can be seen on an aggregate demand curve (AD) (measured as the implicit price deflator).
What alters the AD curve, and why?
The consumption, investment, government, and expenditure on exports less imports components of aggregate demand all rise as the AD curve, often known as the AD curve, moves to the right. As these components decrease, the AD curve will turn back to the left.Learn more about AD curve
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Which set of accounts below would have a normal debit balance? Multiple choice question. Expenses; Dividends; Cash Dividends; Expenses; Unearned rent Expenses, Dividends; Common Stock Revenues; Dividends, Prepaid rent
The set of accounts that will have a normal debit balance are : Expenses; Dividends; Cash.
What are Expenses , Dividends and Cash ?An expense is the cost of operations that a company incurs to generate revenue. Hence an expense would have a debit balance.
A dividend is the distribution of corporate profits to eligible shareholders. Dividend payments and amounts are determined by a company's board of directors hence would have a debit balance.
Cash include other currencies as well as undeposited cheques and amounts in a current account hence have a debit balance.
It therefore means that Expenses, Dividends and Cash all have debit balance in line with accounting rule which states that all expenses and cash must be debited.
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When purchasing buek ocders of bateries, a tay manutacturer uses this acceplance sampling plan: Randomly select and test 57 balteries and detormine whetrer each is within speoficatons. The shipment will be accopled? Wit almost all such shigments be accepted, α wit many be rejected? The probatily that that whole shipment wall be accepled is (Round to four decimal places as needed)
The probability that the whole shipment will be accepted is 0.9951. This is based on a random selection and testing of 57 batteries to determine if each battery meets the specifications.
The given acceptance sampling plan involves randomly selecting and testing 57 batteries from the shipment to determine if each battery is within specifications. The question asks for the probability that the entire shipment will be accepted.
In this case, we can use the concept of binomial distribution to calculate the probability. The acceptance or rejection of each battery can be considered as a Bernoulli trial, where the battery either meets the specifications (success) or does not meet the specifications (failure).
Since the acceptance sampling plan does not specify any specific acceptance or rejection criteria, we assume that all 57 batteries need to meet the specifications for the entire shipment to be accepted. The probability of a single battery meeting the specifications can be denoted by p.
The probability of a battery not meeting the specifications can be denoted by q = 1 - p.
Using the binomial distribution formula, the probability that exactly k out of n batteries meet the specifications is given by:
\(P(X = k) = C(n, k) * p^k * q^(^n^-^k^)\)
where C(n, k) represents the number of combinations of selecting k out of n batteries.
In this case, we want all 57 batteries to meet the specifications, so k = 57. Therefore, the probability that the whole shipment will be accepted is:
\(P(X = 57) = C(57, 57) * p^5^7 * q^(^5^7^-^5^7^)\).
Since C(57, 57) = 1 and q^(57-57) = 1, the probability simplifies to:
P(X = 57) = p⁵⁷
However, the question does not provide the value of p, so we cannot calculate the exact probability. To proceed, we need additional information about the specific acceptance criteria or the probability of a single battery meeting the specifications.
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If these are the only two consumers in the market, then the market quantity demanded at a price of $10 is: a. 0 units. b. 5 units. c. 8.33 units.
The quantity demanded that consumers 1 and 2 want for a price of $10 is 0 and 8.33 units, respectively.
The correct option is C.
What Quantity Is Required?The phrase "quantity demanded" is used in accounting to refer to the overall quantity of an item or service that users require over a specific period of time. Whether or not a market is in equilibrium is irrelevant; what matters is the cost of an item or service.
What are the demand and quantity requirements?The term "demand" in economics refers to the complete curve depicting the relationship between price and quantity. A given location on that curve, where a particular price is connected to a particular amount, is referred to as the "quantity desired."
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The visual enhancement of any drawing through color, value, and texture
Answer:
That would be the composition of a work.
Source:
"The arrangement of elements within a work of art."
https://www.tate.org.uk/art/art-terms/c/composition
The brain's ability to collect basic information about incoming stimuli and prepare it for further interpretation it is called:__________
Answer:
bottom-up-processibg
Explanation: