The business can participate in trade and profit from the price disparity. Due to the cheap price of production, there would be relatively little trade in commodities from developing countries.
How is an economy described?An economy is a network of interrelated production and consumption processes that actually determine how resources are allocated within a community. The demands of persons who live there and transact there are met by the creation and consumption of products and services in their entirety.
Do you mean by economy money?When they hear the word "economic principles," many people assume that it's all about money. Money is only one element of economics. It includes considering several options or alternatives. Some of those critical decisions include money, but not all of them.
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Which job in the Finance career would be best for someone who had knowledge of banking and credit systems and the ability to repetitively process transactions?
Accounts Clerk
Insurance Underwriters
Claims Clerk
Business Financial Manager
Answer:
B). Insurance Underwriter.
Explanation:
The job of 'Insurance Underwriter' would be the most appropriate career option for a person who possesses knowledge regarding the banking sector, as well as, credit organizations along with the potential to process transactions in repetition. In this job, he could use his knowledge for examining the data of the applicants and evaluate the risks associated in order to decide if the insurance is to be offered to them or not along with their necessary premiums and coverages in repetition. Thus, option B is the correct answer.
What role does customer satisfaction play in public relations? Why is it important? Provide two reasons.
Answer:
Trust.
Explanation:
See its important so people can know you as a generally trustable person. Also, when a customer is they more than likely feel the need to come back. So if your selling product it will generate more customers and money.
active/passive she is watering the plants
Answer:
active
Explanation:
she "is" means she is currently watering the plants. if it was passive it would have been like this, "she watered the plants".
What do most economists believe is the most efficient way to allocate resources?.
Even if the price system has flaws, most economists agree that it is still the most effective mechanism to distribute resources.
This is because prices not only assist people in making decisions, but they also aid in resource allocation within and between markets.A price system is a framework used in economics to evaluate the value of any kind of asset, tangible or immaterial. As a result of scarcity, price systems are used in all civilizations for resource allocation and exchange
A price system can be either a free price system (like a market system), where prices are allowed to float "freely" as decided by supply and demand without the intervention of an authority, or a regulated price system (like a fixed price system), where prices are administered by an authority.
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a company uses its company-wide cost of capital to evaluate new capital investments. what is the implication of this policy when the company has multiple operating divisions, each having unique risk attributes and capital costs?
A company uses its company-wide cost of capital to evaluate new capital investments, the implication of this policy when the company has multiple operating divisions, each having unique risk attributes and capital costs may lead to incorrect decisions
A company-wide cost of capital may either overestimate or underestimate a division's cost of capital. In such situations, a company should estimate the division's cost of capital separately to make accurate investment decisions. This approach requires an understanding of the risk-return profile of each division to determine the required return on investment. The division's risk profile must be assessed using a risk analysis, and its cost of capital must be calculated using the division's particular risk-adjusted WACC (Weighted Average Cost of Capital).
The division's cost of capital must be used to analyze and evaluate the projects. If the company is unwilling or unable to calculate the division's cost of capital, an alternative approach is to adjust the cost of capital for each division. However, the adjustment must be based on the estimated level of risk of the division and the overall risk of the company. Finally, the company should use an appropriate cost of capital for each investment opportunity rather than a company-wide cost of capital. So therefore when a company has multiple operating divisions with varying risk attributes and capital costs, using a company-wide cost of capital to assess new capital investments may lead to incorrect decisions.
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the adjustment for underapplied overhead
Answer: The adjustment for underapplied overhead increases cost of goods sold and decreases net operating income.
small business firms create many -blank- opportunities that help develop communities as well as the counties economy
it's a type your own answer thing
Answer: Small businesses contribute to local economies by bringing growth and innovation to the community in which the business is established. Small businesses also help stimulate economic growth by providing employment opportunities to people who may not be employable by larger corporations.
Which endorsement under the commercial auto policy provides the insured's employees additional protection while using a vehicle not owned, hired, or borrowed for the insured business?
The employees as insureds endorsement will provide the insured's employees additional protection while using a vehicle not owned, hired, or borrowed for the insured business.
What is an endorsement?An endorsement can be an update to a contract or document, such a life insurance policy or a driver's license, or it can be a signature approving the legal transfer of a negotiable instrument between parties. An endorsement is a public declaration of support for a person, thing, or service. Although the word "endorsement" has many different connotations, many of them relate to the idea of "approval" or "permission." An endorsement is a signature or a stamp that authorizes a payment, a transfer of funds, or other financial transaction in business or legal contexts. A remark, revision, or clause that updates or specifies provisions in a formal document or contract is also referred to as a clause.An endorsement is a declaration or action of support for something or someone; the endorser may or may not receive payment.
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A consumer has preferences defined over Food and Shelter. The income of the consumer is $800/month and the prices of Food and Shelter are $50/lb and $25/sq yd, respectively. Draw the budget line. Show the affordable set and give an example of a bundle that is not affordable.
The budget line shows the combinations of Food and Shelter that a consumer can afford given their income and the prices of the goods. The affordable set is the area below or on the budget line. An example of an affordable bundle is 10 lbs of Food and 20 sq yds of Shelter, while an example of a non-affordable bundle is 20 lbs of Food and 10 sq yds of Shelter.
The budget line represents the different combinations of Food and Shelter that a consumer can afford given their income and the prices of the goods. To draw the budget line, we need to determine the maximum amount of each good that the consumer can purchase within their budget.
Let's start with the consumer's income of $800/month. Assuming all income is spent on either Food or Shelter, we can divide the income by the prices to find the maximum quantities the consumer can afford. With a price of $50/lb for Food, the consumer can afford a maximum of 800/50 = 16 lbs of food. With a price of $25/sq yd for Shelter, the consumer can afford a maximum of 800/25 = 32 sq yds of shelter.
To draw the budget line, we plot the quantity of Food on the x-axis and the quantity of Shelter on the y-axis. Connecting the points (0, 32) and (16, 0) gives us the budget line. This line represents all the combinations of Food and Shelter that the consumer can afford.
The affordable set is the area below or on the budget line. Any combination of Food and Shelter within this area is affordable for the consumer.
For example, a bundle of 10 lbs of Food and 20 sq yds of Shelter would lie on the budget line and would be affordable for the consumer.
An example of a bundle that is not affordable would be 20 lbs of Food and 10 sq yds of Shelter, which lies above the budget line and exceeds the consumer's budget.
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Write H if the resource is a human resource, and NH if it is a nonhuman resource. 1.Machines
2.Tools
3.Workers
4.Land
5.Water
6.Capital
7.Labor force
8.Time
9.Entrepreneur
10.Process
1.H
2.H
3.NH
4.NH
5.H
6.NH
7.H
8.NH
9.H
10.H
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
3. Explain how the servant leadership style does not make the leader appear weak in the eyes of his or her's followers. Include an example from your life.
Servant leadership is a style that allows the leader to serve others by prioritizing their needs before their own. It is a philosophy in which the leader’s role is to provide guidance and support to their followers, allowing them to thrive, learn, and grow.
The servant leadership style is one of the most effective styles of leadership, and it does not make the leader appear weak in the eyes of their followers.Servant leadership is an approach that allows leaders to lead by example, be selfless, and put others' needs before their own. This style of leadership instills a sense of trust, loyalty, and respect among followers, which results in a more motivated and productive team. Followers who feel appreciated, listened to, and supported will be more likely to perform at their best levels of efficiency.
The servant leadership style allows the leader to focus on their team's needs, rather than their own, while still maintaining their position of authority. By doing this, the leader will earn the respect of their followers and will create a supportive environment for everyone. An example from my life was when I volunteered at a soup kitchen. As a volunteer, I took up the servant leadership style and approached my duties with a selfless attitude. I focused on the needs of the guests at the soup kitchen and provided them with the best possible service.
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A demand curve shows the relationship between _______ in a period of time. select one:
a. price and demand
b. income and demand
c. price and elasticity
d. price and costs
e. profit and price
a. A demand curve shows the relationship between price and demand in a period of time.
A demand curve shows the relationship between price and demand in a period of time. It illustrates the quantity of a product or service that consumers are willing and able to purchase at different price levels. As the price decreases, the quantity demanded generally increases, following the law of demand. The demand curve slopes downward, indicating an inverse relationship between price and quantity demanded. This means that higher prices tend to reduce demand, while lower prices stimulate greater demand. The demand curve helps businesses and economists analyze market behavior and make pricing decisions based on consumer demand and responsiveness to price changes. It is a fundamental tool for understanding market dynamics and developing effective pricing strategies.
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an employee can be dismissed if their job surplus to requirements' outline why this state ment is false
When a negotiable instrument is transferred, the transferor warrants all of the following EXCEPT:_______
a. As far as she knows the issuer is solvent.
b. The instrument has not been altered.
c. All signatures are authenticthe instrument is bearer paper.
Answer:
The answer is "that, the transferee is also an instrument holder only in the precise way".
Explanation:
In the given question the correct choice was missing. so, the correct choice can be defined as follows:
This is a signed contract guaranteeing a monthly payment to just the individual or consumer in question like, Inspections, money orders, and promissory notes are typical examples of negotiable instruments, in which its holder is the instrument only for the transferor, and the wrong choice can be defined as follows:
In choice a, it is incorrect because not all signatures were authentic. In choice b, it is incorrect because the issuer is solvent as far as she does not know. In choice c, it is wrong because the system was changed.James is preparing a statement of owner's equity for the first quarter of the
year. To find the beginning capital balance, James should look at the
A. net income from the fourth quarter of last year
B. owner contributions and withdrawals from the current first quarter
C. net income from the first quarter of the current year
D. ending balance from the fourth quarter of last year
To find the beginning capital balance when preparing a statement of owner's equity for the first quarter of the year, James should look at option D. ending balance from the fourth quarter of last year.
The statement of owner's equity is a financial statement that shows the changes in the owner's capital during a specific period, typically a year. It provides information on the beginning capital balance, net income or loss, owner contributions or withdrawals, and the ending capital balance.
When preparing the statement for the first quarter of the year, the beginning capital balance represents the owner's capital at the start of that quarter. To determine this balance, James needs to refer to the previous period's ending capital balance.
Option A (net income from the fourth quarter of last year) does not provide information about the owner's capital at the beginning of the first quarter. Net income reflects the profitability of the business, but it does not directly indicate the starting capital balance.
Option B (owner contributions and withdrawals from the current first quarter) represents the changes in the owner's capital during the current first quarter, not the beginning capital balance.
Option C (net income from the first quarter of the current year) reflects the profitability of the business during the first quarter, but it does not provide information about the starting capital balance.
Therefore, the most appropriate choice is option D (ending balance from the fourth quarter of last year) as it represents the owner's capital at the end of the previous period and serves as the starting point for the statement of owner's equity for the first quarter.
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based on noam wasserman's research, the more power retained by founders, the more valuable their companies are likely to become.
According to Noam Wasserman's research, founders' enterprises are likely to become more value the more control they hold over them.
Which business is the wealthiest?Top 12 Wealthiest Corporations By Market Cap in 2022. Market value of Apple Inc. (AAPL) is $2.65 trillion: Apple creates, manufactures, and markets a wide range of consumer technology goods, such as mobile phones, computers, tablets, wearable electronics, and home entertainment equipment.
What are the top 3 business categories?The sole proprietors, the collaboration, and the corporation are the three primary types of corporate entities. Each has unique benefits and downsides. The details you need to know about each one are outlined here.
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A whistleblower is :____________
a) a worker who does not accomplish his or her tasks by the end of a day.
b) a worker hired in excess of the labor requirements of an agency.
c) an ombudsman.
d) someone who brings to public attention gross governmental inefficiency or illegal action.
A customer defaults on his account of R500 and the owner decides to write off the debt
If a customer defaults on his account of R500, the owner has several options for dealing with the debt. One option is to write off the debt, which means that the owner chooses to forgive the debt and not pursue legal action to collect it.
Writing off a debt can be a good option if the owner believes that it is unlikely that they will be able to collect the full amount from the customer or if they believe that it is not worth the time and expense to pursue the debt. However, it is important to note that writing off a debt can have tax implications, and the owner may need to report the forgiven amount as income on their tax return.
If the owner decides to write off the debt, they should document the transaction in writing, including the amount of the debt, the reason for writing off the debt, and any other relevant details. They should also notify the customer in writing that the debt has been written off and that they no longer owe the amount.
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When a company uses a service organization to prepare its payroll, the company's auditors?
When a company uses a service organization to prepare its payroll, the company's auditors need to understand the internal controls over the transaction regardless of the location of the control.
What is meant by payroll?A payroll is a list of the employees of a company who are eligible for payments and other work perks, as well as the amounts that each person is supposed to receive.
Payroll is the process of paying employees of a business, which includes keeping track of hours worked, figuring out salaries, and sending checks or direct deposits to employees' bank accounts.
A Payroll Specialist with 2-3 years of work experience can earn an average income of up to 7 lakh per year. In addition, you may be eligible for a bonus between INR 30,000 and INR 40,000, based on your performance and work history.
Regardless of where the control is placed, the internal controls over the transaction must be understood by the company's auditors when the firm contracts a service provider to produce its payroll.
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13. How might deflation be stopped?
O Increases in the money supply
O Reduction in interest rates
O Fed must stimulate the economy with expansionary monetary policy
O all of the above
Please answer questions 20 and 21 :) ... please since it is the second time I am posting this question Suppose a monopolist produces a good and it faces the following equations: Demand from Type 1: P,= 400 -Q1,so marginal revenue for this market is given by MR1= 400 -2Q1. Demand from Type 2: P2 = 50 - 0.25Q2, so marginal revenue for this market is given by MR2 = 50 - 0.5Q2 =MC=$20 The total profit from both markets under price discrimination is equal to O a. $25,000 O b. $37,000 O c. $42,500 O d. $12,500 Continue with Question #20 The monopoly has the choice to pursue a single-price policy, that is, no price discrimination. Suppose the total demand function is equal to P = 120 - 0.2Q and the marginal revenue for this market is given by MR = 120 - 0.4Q. The equilibrium profit is equal to O a. $12,500 O b.$42,500 O c. $25,000 O d. $37,000
The total profit from both markets under price discrimination is $42,000 and the equilibrium profit under a single-price policy is $17,5
For the first market, the marginal revenue (MR₁ ) is given by the equation MR = 400 - 2Q₁ .
To find the quantity at which the monopolist maximizes profit, we set MR₁ equal to the marginal cost (MC) of $20.
So, 400 - 2Q₁ = 20.
Solving for Q₁, we get Q₁ = 190.
Substituting this value of Q₁ back into the demand equation P₁ = 400 - Q₁, we find
P₁ = 400 - 190
= $210.
The profit from the first market is then calculated by multiplying the price (P₁) by the quantity (Q₁):
Profit₁ = P₁ * Q₁
= $210 * 190
= $39,900.
For the second market, the marginal revenue (MR₂) is given by the equation MR₂ = 50 - 0.5Q₂.
Setting MR₂ equal to the marginal cost (MC) of $20, we have 50 - 0.5Q₂ = 20.
Solving for Q₂, we find Q₂ = 60.
Substituting this value of Q₂ back into the demand equation P₂ = 50 - 0.25 Q₂, we get
P₂ = 50 - 0.25 * 60
= $35.
The profit from the second market is then calculated by multiplying the price (P₂) by the quantity (Q₂):
Profit₂ = P₂* Q₂
= $35 * 60
= $2,100.
Finally, we add the profits from both markets together to find the total profit under price discrimination:
Total Profit = Profit₁ + Profit₂
= $39,900 + $2,100
= $42,000.
Therefore, the total profit from both markets under price discrimination is $42,000.
Moving on to Question #20, if the monopoly chooses a single-price policy (no price discrimination), we need to find the quantity at which the monopolist maximizes profit for the market.
The marginal revenue (MR) is given by the equation MR = 120 - 0.4Q.
Setting MR equal to the marginal cost (MC) of $20, we have 120 - 0.4Q = 20.
Solving for Q, we find Q = 250.
Substituting this value of Q back into the demand equation P = 120 - 0.2Q, we get
P = 120 - 0.2 * 250
= $70.
The profit is then calculated by multiplying the price (P) by the quantity (Q):
Profit = P * Q
= $70 * 250
= $17,500.
Therefore, the equilibrium profit under a single-price policy is $17,500.
In summary:
- The total profit from both markets under price discrimination is $42,000.
- The equilibrium profit under a single-price policy is $17,500.
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The derived demand for labor comes from the
A.) difficulty of the labor involved in producing the goods and services.
B.) demand for the goods and services that the labor produces.
C. )wages accepted by workers.
D.) wages paid to workers.
The derived demand for labor comes from the B.) demand for the goods and services that the labor produces.
What is derived demand?Derived demand is the demand for factors of production, which are intermediate goods that produce another intermediate or final goods.
The demand for labor, for example, is a derived demand because labor is required for the production of goods and services and not for itself. The demand for a derived factor of production increases with increased demand for the company's output.
Thus, the derived demand for labor originates from Option B.
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Answer:
B.) demand for the goods and services that the labor produces.
Suppose, Joe owns a custom decal shop. The Merry Maids maid service company orders seven $100 decals for its company vehicles. Then the maid service breaches the contract after the goods were produced, but before they were delivered. As a result, Joe has a bunch of custom decals for the maid service that he cannot resell. However, by a stroke of luck, a maid service from a nearby city that is also named Merry Maids desires labels for their car. They pay $50 per label for the seven labels that Joe already made. If Joe were to sue for damages, how much could he recover
Answer:
$350
Explanation:
Calculation to determine how much could he recover
Using this formula
Recovering Amount=Amount paid per Label*Numbers of Label already made
Let plug in the formula
Recovering Amount=$50*7
Recovering Amount=$350
Therefore If he were to sue for damages the amount he could recover is $350
Gdp does not capture the full value of improvements in product quality because gdp is a:________
GDP does not capture the full value of improvements in product quality because GDP is a qualitative measure rather than a quantitative measure.
What is GDP?The market worth of all the finished goods and services produced in a given country during a given time period is measured in dollars by the gross domestic product (GDP). This measurement is frequently reviewed before being regarded as a valid indicator due to its subjective and complicated character. While nominal GDP is more useful for comparing national economies on the global market, GDP (nominal) per capita does not account for variations in the cost of living and inflation rates of the various nations. Therefore, when comparing living standards between nations, employing a base of GDP per capita at purchasing power parity (PPP) may be more useful.
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D. Short answer questions:
a. Compare the monopoly’s price and quantity with that of a
perfectly competitive firm’s. Which is better for the consumer?
b. How can government regulation of a monopoly increase the
allocative efficiency of the monopoly?
Answer:
Explanation:
a. Monopoly has no competition so it can charge a higher price and produce less quantity when compared to a perfectly competition. For a consumer, perfectly competition which provides more goods at a lower price is better.
b. Due to lack of competition, monopoly does not have to be efficient in its resource allocation. To increase the allocative efficiency, the government can pass regulation to limit price charged and increase quantities of goods produced by the monopoly.
Answer:
Explanation:
compared 2 perfectly competitive firms, monopoly charges higher price and produces less quantity.
perfectly competitive firms are better for consumer
govt regulation can increase monopoly's efficiency by putting restriction on price n requiring quantity of goods produced.
bryan houlberg expects his c corporation to generate a profit of $200000. what is bryans after tax cash flow
As per the given scenario, Bryan Houlberg expects his C corporation to generate a profit of $200000. We need to calculate Bryan's after-tax cash flow.
Determine the corporate tax rate that Bryan's C corporation will have to pay. Based on the given information, we can assume that Bryan's C corporation is a domestic corporation in the USA. The tax rate for domestic corporations depends on the income level.
The following table provides a summary of the federal income tax rates for domestic corporations in the USA. Income Level (Annual)Federal Tax Rate Less than $50,000 15% $50,000 to $75,000 25% $75,000 to $100,000 34% $100,000 to $335,000 39% $335,000 to $10,000,000 34% $10,000,000 to $15,000,000 35% $15,000,000 to $18,333,333 38% Over $18,333,333 35%
From the above table, we can see that the tax rate for Bryan's C corporation will be 34% as the expected profit is between $100,000 to $335,000. Calculate the tax amount The tax amount can be calculated by multiplying the profit by the tax rate. Tax amount = 200000 x 0.34 = $68,000
Calculate after-tax cash flow After-tax cash flow can be calculated by subtracting the tax amount from the profit. After-tax cash flow = Profit - Tax amount After-tax cash flow = 200000 - 68000 = $132,000Therefore, Bryan's after-tax cash flow is $132,000.
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From each paycheck of your afterschool job, you’re able to save $45 toward the coat. You get paid twice a month. How many months will it take you to save enough money to buy your North Face jacket.
Answer:4
Explanation:The total in 4 months would equal 360
4 months will it take you to save enough money to buy your North Face jacket.
Saving per month based problem;What information do we have?
Amount save per paycheck = $45
Amount of jacket = 350 (Missing data)
Amount save per month = 2 × Amount save per paycheck
Amount save per month = 2 × 45
Amount save per month = $90
Number of months need = 350 / 90
Number of months need = 3.88
Number of months need = 4 months
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the bank allows you to borrow money up to a specific amount
Revolving credit/credit.
Hope I helped you :3
I think my answer is correct :>
Answer:
Revolving credit.
credit.
Explanation:
In "revolving credit", the bank allows you to borrow money up to a specific amount, which is your "credit".
Julia owes her dad $12. She wants a new blouse that just went on sale, so she borrows $20 from her sister. She pays her father $5 and spends the rest on the blouse. Which statement is true? Julia’s money status is $8 because she started at –$12 and borrowed $20. Julia’s money status is –$7 because she started at –$12, got $20, but only paid $5 of her debt. Julia’s money status is –$27 because she started at –$12, borrowed $20, but paid off $5. Julia’s money status is –$32 because she began at –$12 and borrowed $20.
Answer:
I would say -27? I think that would work out as she still owes her father 7 as well as her sister 20
Answer:
C ON EDGE
Explanation: