Question 6

Which option best describes allocatively inefficiency in a market?

Answers

Answer 1

Answer:

"Social efficiency" seems to be the correct option. A further explanation is given below.

Explanation:

This is already defined as social productivity or efficiency, as customer choice or requirement or desire is taken into account as a key motivating power for the manufacture or sales of products and services.The prices of goods and products are based on the choice or desires of the customer. Commodities are manufactured in this economic situation up to the mark or stage at which something unit of items & services provides a positive revenue equivalent to the marginal expense of output of these units.

Related Questions

FILL IN THE BLANK in a ______ most economic decisions about what to produce, how to produce it, and for whom to produce it are made by buyers and sellers.

Answers

Buyers and sellers make the majority of economic decisions in a market-oriented economy regarding what to create, how to produce it, and for whom to produce it.

What is Market orientation?

Market orientation perspectives include decision-making perspectives, market intelligence perspectives, culturally based behavioral perspectives, strategic perspectives, and customer orientation viewpoints. According to them, the marketing idea is a business philosophy, but the word market orientation refers to the actual application of the marketing concept. They went on to say that "a market orientation appears to give a unifying focus for the activities and initiatives of individuals and departments inside the business."

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Select the correct answer.
Adidea Corp. has a year-end inventory of $85,000. However, the general ledger account shows a debit balance of $95,000. The company must
change the general ledger to reflect the actual inventory. Assuming the company uses a perpetual system, which adjusting worksheet entry does it
need to use?
X A. Inventory (debit) 10,000
Cost of goods sold (credit) 10,000
B. Inventory change (debit) 10,000 Inventory (credit) 10,000
OC. Cost of goods sold (debit) 10,000 Inventory change (credit) 10,000
Inventory (debit) 10,000
Inventory change (credit) 10,000
D.

Answers

Answer: B. Inventory change (debit) 10,000 Inventory (credit) 10,000

Explanation:

Option B. is the correct adjusting worksheet entry because it correctly reflects the difference between the actual inventory ($85,000) and the inventory recorded in the general ledger ($95,000). The debit entry of $10,000 to "Inventory change" increases the inventory to the correct amount of $85,000, and the credit entry of $10,000 to "Inventory" decreases the recorded inventory in the general ledger to the correct amount of $85,000. This will help to match the actual inventory with the general ledger account.

The dataset belongs to a leading life insurance company. The company wants to predict the bonus for its agents so that it may design appropriate engagement activity for their high performing agents and upskill programs for low-performing agents. 1. Problem Understanding
a) Defining problem statement b) Need of the study/project c) Understanding business/social opportunity
2. Data Report
a) Understanding how data was collected in terms of time, frequency and methodology b) Visual inspection of data (rows, columns, descriptive details) c) Understanding of attributes (variable info, renaming if required)
3. Exploratory Data Analysis
a) Univariate analysis (distribution and spread for every continuous attribute, distribution of data in categories for categorical ones)
b) Bivariate analysis (relationship between different variables , correlations) a) Removal of unwanted variables (if applicable) b) Missing Value treatment (if applicable) d) Outlier treatment (if required) e) Variable transformation (if applicable) f) Addition of new variables (if required)
4. Business insights from EDA
a) Is the data unbalanced? If so, what can be done? Please explain in the context of the business b) Any business insights using clustering (if applicable) c) Any other business insights

Answers

a.  Defining problem statement b) Need of the study/project.

b. Visual inspection of data (rows, columns, descriptive details).

c. Univariate analysis (distribution and spread for every continuous attribute, distribution of data in categories for categorical ones).

d. Any business insights using clustering (if applicable).

To manage their connections, claims, and underwriting more effectively, insurance company for property and liability are gathering data from telematics, agent interactions, client interactions, smart homes, and even social media. Insurance A common industrial data warehouse model that may be used for both life and non-life insurances is the Data Warehouse Data Model. All common insurance reporting and analytical Data Marts can be produced using the data modelled in the model.

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Better managing a daily scheduler through effective time management can reduce stress on the job.

Answers

Answer:

Good time management is essential if you are to handle a heavy workload without excessive stress. Time management helps you to reduce long-term stress by giving you direction when you have too much work to do. It puts you in control of where you are going and helps you to increase your productivity

Answer:

it helps put your daily life at relief

Explanation:

As a call center agent you have a script that you must read to customers from a computer. A customer calls with an issue but your computer screen is freezing and moving very slowly making it difficult for you to address the issue as scripted.

Answers

Customer care teams utilize written instructions called customer service scripts to confirm and address issues or concerns from customers. A customer service script can be used for talks over the phone, and on social media.

What are the difficulties to address the issue as scripted?

No matter who is at blame, the first thing you want to do when there is a problem is apologised and show empathy. While you want to assist in their problem-solving, you also want to make sure that their worries are acknowledged and taken seriously.

The basic problems of pricing inaccuracies, order mix-ups, and other product-related concerns are covered in the scripts that follow. when a wrong mailing address is typed. It appears that your order was sent to the incorrect address. I apologize for it. Another is being sent to your address, and it ought to show up there within the next week.

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jones manufacturing has current assets of $26,900, net working capital of 8,200 long-term debt of 21, 500 and total equity of 57,800 what is the equity multiplier?

Answers

Answer:

1.7

Explanation:

The computation of the equity multiplier is shown below:

As we know that

Net working capital = current assets - current liabilities

So,

current liabilities is

= $26,900 - $8,200

= $18,700

And,

Total liabilities = current liabilities + long term debt

 = $18,700 + $21,500

= $40,200

Now

Total assets = Total liabilities  + Total equity

= $40,200 + $57,800

= $98,000

Now

Equity multiplier is

= Total assets ÷ equity

= $98,000 ÷ 57800

 = 1.7

upply and demand
Question 8 of 10
Which situation would cause the price of a product to fall the most?
A. Both the demand and the supply fall.
B. Both the demand and supply rise.
C. The demand falls while the supply rises.
D. The demand rises while the supply falls.

Answers

The demand falls while the supply rises.

What are the means of calling for and delivery?

The wide variety of goods and services which can be available for people to shop for in comparison to the variety of products and offerings that humans need to shop for If less of a product than the public wishes is produced, the law of delivery and demand says that extra may be charged for the product.

what is the relationship between demand and supply?

it's an essential monetary principle that when supply exceeds demand for a very good or service, charges fall. whilst demand exceeds supply, fees tend to upward thrust. there is an inverse relationship between the delivery and prices of products and offerings while the call for is unchanged.

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Which banker would a software company most likely visit for help to raise large amounts of capital to acquire, or buy out another company?
a community banker
an investment banker
a commercial banker
an executive banker

Answers

Answer and Explanation: it's B

The banker that would be visited to raise large amounts of capital to buy another company is an investment banker

Who is an investment banker?

This is a person that is involved in helping to raise capitals for large corporations and organizations.

The answer to this question is best suited to the explanation because the banker is helping to raise the money that woiuld be used to acquire a company.

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16. Who has the control and management of company? (1) (a) Managing committee (b) Partners
(c) Karta (d) Board of directors

Answers

Answer:

(d) Board of directors

Explanation:

The board of directors is at the summit of a company's organizational structure. It is the most senior decision-making organ of a company. It is composed of a group of individuals elected to represent the shareholders. The board of director's main role is to give policy direction and oversight the top management.

The board of directors is a  purely managerial body. It meets at intervals to discuss company affairs. The board of directors recruits the chief executive officer of the company.

4. Hyperinflations are extremely rare in countries whose central banks are independent of the rest of the
government. Why might this be so?

Answers

Although hyperinflation is a periodic event for developed economies, it has happened many times throughout history in nations such as China, Germany, Russia, Hungary, and Argentina.

What rate is hyperinflation?

It refers to a condition where the prices of goods and services rise uncontrollably over a defined period of time. In general, the term is employed when the rate of inflation grows at more than 50% a month. Typically, hyperinflation is triggered by a very quick change in the money supply.

What is hyperinflation in history?

Hyperinflation is the immediate, massive, and unmanageable increase in prices. In Hungary just after World War II, prices folded every 15 hours. More recently, in Zimbabwe, prices creased every day. In the uneasy Yugoslavia of the 1990s, inflation hit 50% a year.

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Yes, Hyperinflation are unlikely to occur if the central bank stands independent of the government.

What is Hyperinflation ?

Yes, Hyperinflation are unlikely to occur if the central bank stands independent of the government.

In economics, hyperinflation exists as a very high and typically accelerating inflation. It fast erodes the real value of the local currency, as the expenses of all goods increase. This causes individuals to minimize their holdings in that currency as they usually switch to more durable foreign currencies.

Hyperinflation represents a general rise in prices in an economy as high, unsustainable and out-of-control.Hyperinflation naturally arise when governments utilize the printing of money to invest a lot of their expenditures. This stands highly improbable if the central bank that manages the money supply exists independent of the govt.Though hyperinflation exists a rare incidence for designed economies, it has been brought place several times all through history in countries like Germany, China, Russia, Argentina, & Hungary.

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Which of the following groups are text effects in word

Answers

Answer:

salary

employement

Explanation:

should busisses be banned from selling harmful products to improve the health of the population? Five arguements for your answer

Answers

Yes, businesses should be banned from selling harmful products to improve the health of the population and these are because:

It could lead to serious health complications.It could lead to the death of people.It is an unethical practice.It could enncourage addiction.It breaks many safety laws.

What are Harmful Practises?

This refers to the use of unethical procedures which are injurious and dangerous to people.

Hence, we can categorically state that companies which sell harmful products to their customers should be banned and prosecuted to the full extent of the law if they are found of breaking of any law.

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Sonor Systems undertakes its own machine maintenance. The depreciation on the equipment is $20,000 per year and operating cost is $2 per machine hour. Last year 275,000 machine hours were used to produce 100,000 units. If 300,000 machine hours had been worked last year, what would be the total machine maintenance cost

Answers

Answer:

$570,000

Explanation:

Total machine maintenance cost calculation.

Depreciation expenses $20,000

Operating cost

($275,000 MH × $2). $550,000

Total machine machine maintenance cost $570,000

Therefore, the total machine maintenance cost of the machine is $570,000

Whst is the basic purpose of any communication? A. To make a point B.To provide information C. To establish a story D. To convey a story

Answers

Answer:

B to provide information

Explanation: when making a point your trying to express something

Answer:

all of the above. communication is a way to express feelings

Explanation:

Which three statements help define a Market/Fit Hypothesis? (Choose three)

Answers

There are the three statements was the based on the defines a market/fit hypothesis are:

Who is the target audience?

Products are the fit to the market.

Product is the satisfy the needs and the wants.

What is Hypothesis?

A hypothesis is the investigation of two independent variables. Furthermore, it is evaluated and tested in an analytical phenomenon. A research hypothesis is a proclamation of expectation or prediction that will be tested through research.

According to the hypothesis, there are the three statement was the based on the market/fit. The product and solution fit to the market problems. Product are the fit to the target audience. Product is the satisfy the needs and the wants.

As a result, the three statements was the based on the defines a market/fit hypothesis.

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Organizational Culture and Structure: Drivers of Strategic Implementation
Module 6, Chapter 8 (Management: A Practical Introduction by Angelo Kinicki and Denise Breaux Soignet (10th
Edition). NEWS ARTICLE REVIEW #1

Answers

The article begins by defining organizational structure and organizational culture, noting that while each can influence the other, they are distinct entities.

What is organizational structure?

Organizational structure is a system of authority, responsibility, communication, and decision-making within an organization. It is the framework that outlines how roles, responsibilities, and relationships are managed within the company. It is typically hierarchical and defines the relationship between different functions and roles, allowing for efficient communication and the delegation of tasks. It is also used to create clarity about the roles of each individual and to ensure that decisions are made in the interest of the business. It can also help to reduce uncertainty and ensure that everyone is on the same page. Ultimately, organizational structure helps to create stability and efficiency within a business.

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Case: Sof-Optics, Inc. (A), HBS Case # 681052-PDF-ENG
Develop a long-term plan for capacity expansion and a short-term personnel schedule.

Answers

Creating a plan for increasing the company's ability to handle more work in the future and organizing the schedule for employees in the near future at Sof-Optics, Inc.

What is the  capacity expansion

To know a company's situation, how the market is changing, and what its goals for growth are, you need to study everything in detail by using the steps below:

Evaluate the existing capability and the level of interest or need for a particular product, service, or resource.Decide what goals need to be achieved for expanding capacity in the long term.Options for growth and examining the expenses.Create a plan to increase the amount of work or activities that can be done in the long term.Schedule for temporary employees in the near future.Watch and change as needed.

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If Country A is an agricultural country and Country B has many cities and factories, it would make sense for

both countries to set up car manufacturing plants.
Country A to specialize in growing corn while Country B specializes in making cars.
Country A to specialize in making cars while Country B specializes in growing corn.
both countries to compete in growing more corn.

Answers

Answer:

Country A to specialize in growing corn while country B specializes in making cars

7. The Moroccan monetary authority is using a heavily-managed float to keep the dirham at U.S. $0.12 per dirham. Under current foreign exchange market conditions, nonofficial supply and demand would clear at U.S. $0.15 per dirham.

a. Using official intervention, what does the official Moroccan monetary authority have to do to keep the exchange rate at U.S. $0.12 per dirham?
b. If the monetary authority believes that this is a temporary disequilibrium, what does the authority expect to happen soon?
c. If private investors and speculators believe that this is a fundamental disequilibrium, what actions are they likely to take?

Answers

Based on the information given, the thing that should be done to keep the exchange rate at $0.12 per dirham is to sell foreign currencies to get more dirham.

It should be noted that since the non-official supply and demand of dirham is pegged at $0.15/ Dirham and the actual rate is $0.12/dirham, it implies that the Dirham is devaluated.

 

The authority will believe that due to devaluation, net export will rise and this will increase the income of the country.

Lastly, the private investors and speculators will not invest because the currency has lost its value compared to the dollars.

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Determine the missing amount:
Assets=Liabilities+owners Equity x 272000 573000

Answers

Based on the given amounts of assets and liabilities, the missing amount of Owner's equity is $301,000

How to find the equity?

The Owners equity is one of the parts of the Accounting equation which is:

Assets = Liabilities + Owners Equity

The Assets in this instance is $573,000 and the Liabilities are $272,000.

The Owner's equity is the missing amount and it can be found as:

573,000 = 272,000 + Owners Equity

Owners Equity = 573,000 - 272,000

Owners Equity = $301,000

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1. Emma knows that she wants to be a digital artist, but she feels like working by herself as a freelancer would be more work than she was willing to do. She is hoping to get a job with a large
animation studio instead. Does she still need business savvy if she is not going to be an entrepreneur?
No, that is only for artists working for themselves.
Yes, she will need to negotiate a good contract for herself
Yes, she is very likely to change her mind and want to freelance.
No, the company she works for will make the best possible deal for her.

Answers

I think the answer might be C. Very sorry if I’m wrong. It took me awhile to read it.

What does feedback include?

Answers

Appreciation recognition and rewarding for great work. Coaching helping expand knowledge. Evaluation assecing someone against a set of standards

Which marketing function that involves communicating information about products
and services to potential customers?
a) Strategic planning
b) Promotion
c) Distribution
O d) Product development

Answers

The answer is distribution

in order to examine the relationship between the selling price of a used car and its age, an analyst uses data from 20 recent transactions and estimates price

Answers

So that it will study the connection between the promoting charge of a used car and its age, an analyst uses statistics from 20 recent transactions and estimates fee = β0 + β1Age + ε. A portion of the regression effects is shown in the accompanying table. [You may find it useful to reference the t table.]

 Coefficients StandardError         t Stat p-value

Intercept          21,228.95 738.41 28.750 1.70E-16

Age −1,206.23  129.97  2.78E-08

a.Specify the competing hypotheses so that you can determine whether or not the promoting price of a used automobile and its age are linearly associated.

multiple choice 1

H0: β1 ≥ 0; HA: β1 < 0

H0: β1 = 0; HA: β1 ≠ 0

H0: β1 ≤ 0; HA: β1 > 0

selling price:-We enjoy distinctive conditions every day when we want to calculate or evaluate matters. specifically, situations involving the sale or buying of products. The selling price is used to promote the object at a sure value and may be calculated by the usage of the promoting fee formulation. the amount that the client pays to shop for the product is known as the selling charge. The actual promoting rate is the charge the client pays to buy a product or service.

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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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11. a. Suppose David spends his income M on goods x1 and x2, which are priced p1 and p2, respectively. David’s preference is given by the utility function
(1, 2) = √1 + √2.
(i) Derive the Marshallian (ordinary) demand functions for x1 and x2. (25 marks)
(ii) Show that the sum of all income and (own and cross) price elasticity of demand
for x1 is equal to zero. (25 marks) b. For Jimmy both current and future consumption are normal goods. He has strictly convex and strictly monotonic preferences. The initial real interest rate is positive. If the real interest rate falls, in each of the following cases, argue what will happen to his period 2 consumption level? Clearly illustrate your argument on a graph.
(i) He is initially a borrower. (25 marks)
(ii) He is initially a lender. (25 marks)

Answers

Answer:

Explanation:

D

“Automation is bad for the economy because machines will eventually replace almost all human workers, creating high unemployment and poverty.” Do you agree or disagree? Explain your answer.

Answers

I agree that "automation is bad for the economy because machines will eventually replace almost all human workers, creating high unemployment and poverty". This is because with automation, most jobs will be done by machines and robots. This will leave a large percent of human workers jobless.

What is Automation?

Automation may result in job losses and wage reductions. Be aware that those who can operate machines are thought to be more productive than those who cannot.

Keep in mind that automation tends to reduce both the costs and prices of goods and services, making consumers feel richer while also causing certain human skills to be lost.

Accordingly, the following abilities will be lost as automation is implemented:

A. Communication Skills.

B. Social Skills.

C. Critical Thinking

D. the application of imagination and reflection.

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Why would a retailer introduce their online stores country by country?

Answers

Answer:

Introducing its online store on a country-by-country basis is a good idea from the viewpoint of market analysis. 

Why do diverse teams succeed?

Answers

Answer:

because they're are many different people with different religions, relationships, and backgrounds. having a diverse team opens up many opportunities for the team it's self to learn how to help each other. For example if someone is just new to America and moved from let's say Germany they have more knowledge on the team about international ski teams and what to expect. so the team would succeed by working together with the information they were given.

When an accounting change is reported under the retrospective approach, prior years' financial statements are:

Answers

Revised to reflect the use of the new principle.
Other Questions
53/n (-1) n=11 Part 1: Divergence Test Identify: bn = Evaluate the limit: lim bn n-> Since lim bn is Select , then the Divergence Test tells us Select n-> Part 2: Alternating Series Test The Alternating Series Test is unnecessary since the Divergence Test already determined that Select according tot he efficient markets hypothesis, purchasing the reports of financial analysts Emelie signed a finance agreement Unrealized holding gains or losses which are recognized in income are from securities classified as a. held-to-maturity. b. available-for-sale. c. trading. d. none of these. Which sentence best tells what the passage is about?Click for the passage, "The Sunny Road Trip."O A. The passage gives ideas for safety on the road.B. The passage tells what driving a solar car is like.C. The passage describes a solar-car contest.O D. The passage shows how to plan a summer trip. Create a C# application to keep an inventory of the fleet of vehicles owned by the company. There are two main types of vehicles, cars and trucks. They have a lot of common fields: make, model, year, color, engine (gas, electric, hybrid, diesel), number of doors. There are some fields specific to cars, like whether there is a sunroof, and specific to trucks, like length of the bed and if it has a bed liner. Use inheritance to create a base class for the common fields, and 2 derived classes for cars and trucks. All classes need a constructor, and the derived classes need to call the base constructor for the common fields. All classes need a ToString( ) method; the derived classes need to call the base ToString( ) as part of the output. In the Main method, hard-code the instantiation of at least 6 vehicles, 3 cars and 3 trucks, and store all of them in an array or array list. Do not put these in order so that all objects of one type of vehicle are followed by all of the objects of the other type of vehicle; mix them up so the vehicles of the same type aren't all neighbors in the array or array list. Display the full list. In a loop, ask the user what type of vehicle they want to see, and then display all of the objects of that type. When they enter the sentinel to end the loop, ask them to specify a year, and display all the vehicles that have that value in the year field. Add one more question, asking about one of the other values, and display all vehicles with that attribute. For example, you might allow them to specify the make of the vehicle; if they type "Ford", then the program would display all vehicles that are Fords. There are multiple fields you can choose from for this last question. explain the differences between reinforcing and prestressing and the relative advantages and disadvantages of each Donnez le sens de sauvage dans ces expressions : -une plante sauvage-un animal sauvage -une region sauvage -faire du camping sauvage Why was the US interested in China during imperialism? an audio signal source is connected to a speaker. when connected to a 16-0 speaker, the source delivers 25% less power than when connected to a 32-0. headphone speaker. what is the source resistance? Julie Company's revenues for the year are $300 and average invested capital for the year is $240. Expenses are currently 50% of revenues. Julie Company's current return on investment is How did you get that answer tho? Like 3/4/w = what over what?? Which of the following statements about AB and AC is true? what is the key difference in determining the profit-maximizing price and output under monopoly versus monopolistic competition? Tax rate schedules are provided for use by (relatively) higher income taxpayers while the tax tables are provided for use by (relatively) lower income taxpayers.TRUE or false Let F1 be the vector field (y cos(z), x cos(z), -xy sin(z)) and F2 be the vector field (yzeX, ze X, ye X). Define F = F1+F2 (a) Find the curl of F 1. (b) Find the curl of F2. (c) Is there a function f such that F =Vf? If yes, find such a function f. If not, explain why not. (d) Is F a conservative vector field? Why? (e) Let C be the path r(t) = (sin(t), te, cos(t)), 0 7 divided by 8. What is the divisor? Assume IQ scores are normally distributed with a mean of 100 and standard deviation 10. Determine the percent probability that a randomly chosen person as an IQ LESS THAN 90 please help ive been absent for a month and i have alot of work :( An item on sale costs 40% of the original price. The original price was $41 What is the sale price ?