In a market economy, if the supply is low and demand is high, prices should drop.


True


False

The invention of the light bulb was an example of radical innovation.

This is because it involved a significant breakthrough in technology and fundamentally changed the way people lived and worked. Acknowledge that the development of the light bulb involved incremental innovations over time, as inventors and scientists worked to improve upon previous designs and overcome challenges. Additionally, the commercialization and widespread adoption of the light bulb also involved elements of corporate entrepreneurship and product innovation, as companies invested in research and development, and created new marketing and distribution strategies to bring the product to market.

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The amount of bad debts expense that the company reports on its income statement for the year is $10,809.

To determine the bad debts expense, we need to sum up the estimated bad debts for each age category. The bad debt estimation percentages are applied to the corresponding amounts to calculate the estimated bad debts.

For the current category, the estimated bad debts are $311,400 * 1% = $3,114.

For the 1-60 days past due category, the estimated bad debts are $43,200 * 5% = $2,160.

For the 61-180 days past due category, the estimated bad debts are $15,300 * 15% = $2,295.

For the over 180 days past due category, the estimated bad debts are $8,100 * 40% = $3,240.

Summing up these estimated bad debts gives us a total of $10,809, which represents the bad debts expense reported on the income statement for the year.

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A power center consists of a huge shopping strip with multiple anchor stores and a supermarket.

The terms "power center" and "big-box center" refer to shopping centers with an average gross leasable area of 250,000 to 600,000 square feet (23,000 to 56,000 m2), three or more big box anchor tenants, and a variety of smaller retailers. The anchor tenants typically occupy 75–90% of the center’s space.

As the first power center in history, 280 Metro Centre in Colman, California is credited.

Merritt Sher, a local real estate developer, opened the 280 Metro Centre in 1986 as an outdoor strip mall with big-box retailers and category killers as its main tenants.

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Answer:

C. Partnership Agreement

Explanation:

It's the legal document that dictates the way a business is run and details the relationship between each partner.

An economy's production possibilities are most likely to expand if gross investment is greater than depreciation. This means that the economy is investing more in capital goods and infrastructure than the amount of capital being lost due to depreciation.

When gross investment exceeds depreciation, it indicates that the economy is adding to its stock of capital and improving its productive capacity. The additional investment can lead to the construction of new factories, the acquisition of advanced machinery, the development of new technologies, and the enhancement of infrastructure.

By increasing the capital stock, the economy can increase its potential output and expand production possibilities. The improved infrastructure and technological advancements can lead to higher productivity, more efficient production processes, and the ability to produce a greater variety of goods and services.

In summary, when an economy invests more in capital goods than the amount lost to depreciation, it creates the conditions for expanding production possibilities and facilitating economic growth.

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Answer:

C) An in-person interview

Explanation:

All the options listed, the best choice to determine a candidate's trusworthiness is the in-person interview. An in person-interview allows the interviewer to get to know the candidate better, because open-ended questions can be made about the candidate's proffesional and personal life.

In this type of interview, it is the job of the interviewer to analyze the answers, and reach a conclusion that can determine whether the person is to be trusted or not.

Answer: D

Explanation

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The correct option is, (D) The advancement of technology.

Factors affecting global economy:

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Answer:

savings account

Explanation:

start an interest earning savings account when you are in grade school and when you are ready to start college, you will be able to pay for higher education.

Preparing to pay for higher education can start in 9th grade or earlier with a savings account. When you are in elementary school, open a savings account that earns interest so that you can pay for higher education when you are ready to start college.

An interest-bearing deposit account kept at a bank or another financial institution is referred to as a savings account. Despite the typically low interest rates offered by these accounts, their security and dependability make them a fantastic choice for keeping cash on hand for urgent needs.

Although there are some restrictions on how frequently you can withdraw money from a savings account, overall they provide exceptional flexibility that makes them perfect for creating an emergency fund, saving for an immediate need, such as a car or vacation, or simply moving extra money you don't need into your checking account so it can earn more interest. A savings account typically has no maximum withdrawal limit.

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According to the textbook, sunset fish and chips is an example of a Salary-substitute firm.

Salary-substitute businesses are established to give owners revenues that are comparable to those they would receive while working for an employer. Typically, they provide common goods like retail goods or services like accountancy or hair styling. This form of small business predominates.

Examples of companies that offer salary replacement services include dry cleaners, convenience stores, restaurants, accounting firms, retail establishments, and hair salons.

Because they create chances and then seize them, entrepreneurial businesses vary from salary-substitute and lifestyle businesses in that they provide new goods and services to the market. They improve the market in some way. The other businesses, however, primarily serve to support a person's income or lifestyle.

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Answer:

pantograph

Explanation:

you can use a pantograph to do this.

Answer:

b. Warehouses

c. Stores

Answer:

Diminishing returns to labor

"if there are diminishing returns to labor , then as more workers are hired the total amount produced by all of the workers will decrease."

The above statement is not correct.

The total amount produced by all of the workers will not decrease.  It will increase, but the increase will not be as much as it was before the continued increase in labor because of the law of diminishing returns.

Explanation:

The law of diminishing returns to labor explains that the marginal increase in total output will not be the same as it was before the increase because one of the inputs in production, like capital is kept constant, while labor is being continuously increased.  The reason for this is that the capital assets will not be enough for the increasing population of labor when the entity has reached its full capacity.  Unless capital assets (capacity) is increased as labor is increased, there will reach a point when the production per labor will start to decrease instead of increasing, but the total production will continue to increase.

In Economics, the law of diminishing returns holds that if one input is held constant (capital) while other inputs ( e.g. labor) are being increased, a point is reached when the additional inputs yield smaller output or diminishing returns relative to the increasing inputs.  This law is also called the principle of diminishing marginal productivity.  This principle teaches managers to be aware that if they want to achieve total increases in productivity, it is not only one input that should be increased, especially after a point.

Answer:

For: Money is an effective, powerful and simple motivator. Self-evidently, money motivates and extra money motivates people to work extra hard. It's natural to compete, and when rewarded with money for better work then productivity and standards are raised for all..

While money often doesn't motivate, it can nonetheless be a powerful demotivator. In “Blocked employees and money as a motivator,” James daSilva notes that too little money can be especially demotivating to top-performing employees who are “blocked” from earning more.

Answer:

A the lack of domestic resources

Michael Porter's approach to industry analysis is based on his ive Forces Fmodel. This model is used to determine the intensity of competition within an industry and to identify the key factors that influence a corporation's ability to compete in the market.

The five forces include:

1. Threat of new entrants: This refers to the ease with which new competitors can enter the market. If there are low barriers to entry, the threat of new entrants is high, and competition within the industry is likely to be intense.

2. Bargaining power of suppliers: This refers to the ability of suppliers to influence the prices of the goods and services they provide. If suppliers have a high degree of bargaining power, they can exert more control over the prices of their products, which can impact the profitability of the corporations within the industry.

3. Bargaining power of buyers: This refers to the ability of buyers to influence the prices of the goods and services they purchase. If buyers have a high degree of bargaining power, they can exert more control over the prices of the products they buy, which can impact the profitability of the corporations within the industry.

4. Threat of substitute products: This refers to the availability of products or services that can be used in place of those offered by the corporations within the industry. If there are many substitute products available, the threat of substitution is high, and competition within the industry is likely to be intense.

5. Rivalry among existing competitors: This refers to the level of competition among the corporations within the industry. If there is a high degree of rivalry, competition within the industry is likely to be intense.

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Answer:

$321,600

Explanation:

debt equity ratio = debt / equity

since the debt to equity is 0.8, that means that for every $ invested from equity, $0.80 will be borrowed. If the new project requires an initial cash outlay of $300,000:

total cost of initial outlay including flotation costs = ($166,667 x 1.09) + ($133,333 x 1.0495) = $181,667 +  $139,933 = $321,600

flotation costs include all the costs associated with issuing new stocks or taking new debt.

Answer:

$2.9 million

Explanation:

Book value as on date of sale = Cost - Accumulated Depreciation = $7.5 million*(1 - 0.65) = $7.5 million*0.35 = $2,625,000

Gain on sale = $3,000,000 - $2,625,000 = $375,000

After-tax salvage value = Sale proceeds - Tax rate*Gain on sale) = $3,000,000 - ($375,000*0.25) = $3,000,000 - $93,750 = $2,906,250 = $2.9 million

Answer:

1. Account receivable.

2. Other receivables.

4. Notes receivable.

5. Maturity date.

Explanation:

1. Account receivable: the right to receive cash in the future from customers for goods sold or for services performed. Accounts receivable can be defined as an account which gives information about legally enforceable monetary claims that are to be recovered by a company from a customer who is yet to make payment.

2. Other receivables: a miscellaneous category that includes any other type of receivable where there is a right to receive cash in the future.

3. Debtor: the party who receives a receivable and will collect cash in the future.

4. Notes receivable: a written promise to pay a specified amount of money at a particular future date.

5. Maturity date: it is the date when the note receivable is due.

Answer:

c

Explanation:

Answer:

False.

Explanation:

A direct mailer can be defined as a form of marketing which involves the use of a mail service such as a courier or postal service to physically deliver a piece of promotional product or material to a target audience such as home or business. Some examples of a direct mailer are catalogs, postcards, solicitation letters, flyers, coupons, brochures etc.

Hence, a direct mailer falls under the category of marketing, not sales.

The four components of the framework for competitor analysis are market segmentation, competitor analysis, competitor positioning, and competitor strategy. Market segmentation involves breaking down a market into smaller groups based on shared characteristics.

Competitor analysis focuses on researching a company's competitors, such as their strategies, products, and pricing. Competitor positioning compares a company's product and services to that of its competitors. Finally, competitor strategy involves determining how the company can best compete against its competitors.

Objectives refer to the goals that a competitor has for their business, such as increasing market share or maximizing profits. Assumptions are the beliefs that a competitor has about their business and the market, such as the level of demand for their product or the strength of their competitors.

Strategy refers to the plans that a competitor has for achieving their objectives, such as developing new products or entering new markets. Capabilities are the resources that a competitor has at their disposal, such as financial resources or a skilled workforce.

By analyzing these four components, a company can gain valuable information about their competitors and use that information to develop a competitive strategy.

For example, if a competitor has a strong focus on innovation and is investing heavily in research and development, a company may need to consider developing new products or technologies in order to remain competitive.

Alternatively, if a competitor is struggling with financial resources, a company may be able to take advantage of this weakness by increasing their marketing efforts or offering lower prices.

In conclusion, the four components of the framework for competitor analysis provide important information about a competitor and can help a company develop a competitive strategy.

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The interplay between two sets of economic decision-makers—households and businesses—as well as two different categories of economic markets—the market for commodities and the market for products and services—is depicted by the circular flow model.

The approach demonstrates how businesses and households can benefit from each other.

Economic decisions affect the production, trade, distribution, consumption, saving, and investment of economic resources. The objectives of individuals, private organizations, and society at large are served by economic decisions.

Free market, command, and mixed economies are the three primary types. Command and free-market economies; mixed economies combine the two. Both people and corporations are free to choose their own economic course. All national economic decisions are made by the state's central authority.

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Explanation:

Reference theory of meaning is a philosophical thought that believes the meaning of a word or acronym is doing in what it points out in the world. But the idea theory of meaning feels the meaning of a word or acronym lies in the group it represents.

For example, the meaning of the term would be seen as relating to illnesses and viruses as well as number of years from the point of view of idea theory of meaning. While the reference theory of meaning would allude the meaning using proper reference to the illness (Coronavirus) that caused the disease.

Answer:

Taxes

Explanation:

Answer:

Economic expansion is not what is causing the climate crisis; rather, the lack of effective public policy meant to lower greenhouse gas emissions is to blame. As long as regulations are in place to limit the environmental effects of the goods and services we produce and use, there is no conflict between capitalism and environmental protection. With those regulations in place, consideration for environmental sustainability can and will be factored into every decision made by the private, nonprofit, and governmental organizations from which we all benefit.

The sustainability of the environment is not affected in the same way by all consumption patterns. The emergence of more sustainable lifestyles can be seen in consumption trends. Young Americans, for instance, don't seem as interested in buying cars as their parents and older siblings did. The advancement of the mobile phone has made ride-sharing, bike-sharing, and other transit options possible.

However, taking an Uber or driving your own car are both considered economic activities for the purposes of calculating GDP. These consumption patterns are typically not the subject of policymaking because they are quite influenced by shifting social norms than by governmental action. The only exceptions might be behavior that directly harms other people, like drinking and driving or smoking in public. New technologies can also lessen the impact of consumption on the environment.

Ironically, some environmentalists and some deniers of global warming share the view that environmental protection and economic growth must be compromised. Both can and must be done. Because most people in the developed world enjoy their way of life and won't give it up, we cannot stop investing in economic development. Environmental advocates will fail politically if they make such a request.

Explanation:

Political and business leaders may not care if economic growth harms the environment, and environmentalists may disagree, contending that neither economic growth nor environmental harm can coexist.

Even by itself, environmental protection promotes economic expansion. The air pollution control technologies we install on power plants and automobiles are made and sold by a third party. Additionally, environmental amenities are valuable.

______________

1.One method of recording client requests. electronic. 2. A skill when using appropriate body language. _active listening 3. Good customer service builds the reputation, trust credibility of a business.__________. 4. A communication skill needed to understand customers. interpersonal 5. An example of choices that customers have. _packaging options. 6. Personal hygiene and grooming contribute to one’s_image. 7. Important in understanding the needs and point of view of a client. empathy. 8. Means reliability and constancy. consistency. 9. Employers appreciate workers who use their own ___initiative when making decisions. 10. When customers provide comments or reactions to customer service. feedback

This organisational structure divides workers into functional areas according to their areas of competence. These functional categories frequently correspond to phases of the value chain like operations, R&D, and marketing and sales.

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Answer:

A. All of the above

Explanation:

The General Ledger is the primary accounting record that shows a company's financial transactions. It contains all of the accounts that are used to record transactions, including assets, liabilities, shareholder's equity, revenue, expenses, gains, and losses.

The General Ledger provides a comprehensive view of a company's financial position and is used to produce financial statements such as the balance sheet, income statement, and cash flow statement. The information in the General Ledger is used by management, auditors, and other stakeholders to make informed decisions about the company's financial health and performance.

Based on Medicare and Medicaid services, the individual permitted to present a short introductory presentation of educational content at the beginning of an informal marketing/sales event is a Medicare Agent.

A medicare agent is responsible for conducting a short introduction of informal marketing or sales events.

This short introduction may include educational content about Medicare requirements, insurance, etc.

Hence, in this case, it is concluded that a medicare agent takes an active role in the marketing/sales event.

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