The information provided states that Janis, the pearl producer, produces 1,000 pearls when the price of pearls is $100.
This information can be used to understand Janis's supply behavior in a competitive market. Based on the given data, it indicates that Janis is willing and able to supply 1,000 pearls at a price of $100. This suggests that at this price level, Janis finds it profitable to produce and sell 1,000 pearls.
In a competitive market, supply is influenced by the price of the product. As prices increase, producers are generally motivated to supply more of the product to maximize their profits. This positive relationship between price and quantity supplied is reflected in the law of supply.
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supply in a competitive market — end of chapter problem consider the accompanying cost curves for janis the pearl producer. janis produces 1,000 pearls when the price of pearls is $100.
What is the name of the legal documents that specify arrangements between partners?
A. General Partnership
B. Fartnership Contract
C. Partnership Agreement
D. Articles of Partnership
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.
Part I
The Scenario:
When the day begins, Mary has $70 in her checking account, and she has overdraft protection
Before work she buys her cousin a round trip bus fare for $10 using her debit card
She then uses the card to get gas in her car for $60
Then she buys groceries with a check of $70.
Then she uses her debit card to buy a $2 coffee
Then she goes to buy a donut for $1 using her card
Finally, she finishes out the day with some shopping to buy new makeup for $30 using her debit card at the store
Compare ABC bank and XYZ bank when
ABC charges $37 overdraft transactions up to 3 a day, no reorder of transactions
XYZ charges $33 overdraft transactions up to 6 a day and reordering transactions from higher to low
Find Balance at the end of the day with each bank
Mary’s balance with ABC bank is ______________
Mary’s balance with XYZ bank is ______-__________
Which bank do you recommend for Mary?________________
Which bank would you choose and why?__________________
Need answers ASAP please it would be greatly appriciated
Answer:
do u still need
Explanation:
If+sales+are+$810,000,+variable+costs+are+76%+of+sales,+and+operating+income+is+$257,000,+what+is+the+contribution+margin+ratio?
Contribution margin ratio is 24%
Contribution margin ratio = 100% - Variable expense%
=100%-76%
=24%
Contribution Margin:
You can provide the contribution margin as a gross or per-unit figure. After removing the variable element of the company's expenditures, it indicates the additional revenue made for each product or unit sold.
By subtracting the variable cost per unit from the selling price per unit, the contribution margin is calculated. The metric, which is often referred to as dollar contribution per unit, shows how much a certain product adds to the company's overall profit.
It offers a means of illustrating the profit potential of a certain item or service a business offers, as well as the percentage of revenue that goes toward paying the business' fixed expenses. Profit is defined as whatever income that remains after paying fixed costs.
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When preparing a business message, you should make your writing audience oriented. Audience oriented means a. attempting to get your audience to believe and accept your message. b. writing to solve a problem or convey information. c. presenting ideas clearly but concisely. d. concentrating on looking at the message from the receiver's perspective.
Answer:
D. Concentrating on looking at the message from the receiver's perspective.
Explanation:
When writing a business message, it is important to ensure that the perspective of the receiver is considered. There are two sides to a message; the speaker and the receiver. By making a business writtings audience oriented, it means that thoughts of the receiver or audience is considered alongside the message.
Although other skills such as; present ideal clearly but concise, attempt to get your audience to believe and accept your message, write to solve a problem or convey information are essential qualities of business writtings, yet do not point to audience oriented message.
Auto loans are amortized installment loans, so once the terms of your loan are set, your payments should stay the same month after month. Assume you are taking a $20,000 car loan, for a term of 48 months, with an interest rate of 4%. Use this calculator to answer the following questions.
The loan is expected to cost $483 per month to pay off. Calculating your monthly payment is simple if your loan has a fixed rate: simply divide the amount borrowed by the interest rate paid each month.
How can the interest be calculated?The following can be deduced from the data:
The interest is calculated as follows: Time = 48 months = 4 years Principal = $200,000. It is important to note that:
The total amount due will be: Interest = (Principal Rate x Time) / 100 Interest = (20000 x 4 x 4) / 100 Interest = $3200
= $20000 + $3200 = principal + interest.
= 48 months, or $2,32,000. The monthly payment will be as follows:
= Total sum divided by number of months: $23200 divided by 48 = $483.
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Full Question = Auto loans are amortized installment loans, so once the terms of your loan are set, your payments
should stay the same month after month. Assume you are taking a $20,000 car loan, for a term of
48 months, with an interest rate of 4%. Use this calculator to answer the following questions.
1. What is your estimated monthly payment?
Hugh has experience as a firefighter and a degree in chemistry. What company might be interested in hiring Hugh?
A. A national district court looking for a video surveillance tech
B. a state agency looking for a fire inspector
C. a drug rehabilitation facility in need of a nurse
D. a city police force in need of a dispatcher
Answer:
B. a state agency looking for a fire inspector
Explanation:
Because he is a firefighter with a degree in chemistry and a fire inspector is the best fitting company to hire hugh.
Answer:
B, a state agency looking for a fire inspector!
in the united states, data about all economic activity are categorized into a hierarchical set of six-digit naics codes. what does naics stand for?
In the US, information on every economic activity is arranged into a hierarchy of six-digit naics codes. The "North American Industrial Classification System" is what the NAICS acronym stands for.
Explain about the features of the NAICS?For the purpose of gathering, evaluating, and distributing statistical data pertaining to the American corporate economy, Federal statistics agencies classify commercial establishments according to the North American Industrial Classification System (NAICS).
It was created to enable close business statistics comparisons between the 3 North American nations. NAICS is built on a production-oriented idea, which means that it divides businesses into industries based on how similarly they create goods or provide services.In the US, information on every economic activity is arranged into a hierarchy of six-digit NAICS codes.
Thus, the "North American Industrial Classification System" is what the NAICS acronym stands for.
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a service firm must orient and motivate its customer-contact employees and supporting service people to work as a team to provide customer satisfaction. this process is known as . question content area bottom part 1 a. supplier and vendor marketing b. service differentiation c. external marketing d. internal marketing e. interactive marketing
This process is known as supplier and vendor marketing. Vendors of marketing automation offer users solutions for organising and streamlining workflows, planning, coordinating, and measuring various marketing operations.
Vendors in this area often provide tools to assist with lead management, social media marketing, email campaigns, and other tasks. A corporation that provides merchandise for upscale apparel boutiques is an illustration of a vendor. A supplier contacts the business to make an order, specifying the products it needs as well as the quantity of each. The business then obtains the required goods from the supplier and sends them to the retailer.
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Checking a credit report is a good way to
know whether credit is improving.
reduce the amount of money owed.
determine which debts to pay off.
decrease interest payments.
Checking a credit report is a good way to know whether credit is improving.
What is a credit report?A credit report refers to a statement that has information about your credit activity and current credit situation such as loan paying history and the other status of your credit accounts.
A credit report contains personal information, credit account history, credit inquiries and public records. This information is reported by your lenders and creditors to the credit bureaus. Your credit report can be used in a variety of situations, from getting a credit card to buying a house or even applying for a job.
Why is checking a credit report important?Checking your credit history is a good way to know whether credit is improving. It also helps you in understanding your current credit position.
Thus, regularly checking your credit reports can help you be more aware of what lenders may see and it can also help you detect any inaccurate or incomplete information.
Hence, option A is correct.
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what is reported on the income statement
The income statement, also known as the profit and loss statement, reports a company's financial performance over a specific period of time, typically a quarter or a year.
The purpose of the income statement is to provide investors, creditors, and other stakeholders with information about a company's revenues, expenses, gains, and losses for the period.
The income statement begins with a company's revenues, which are the amounts earned from the sale of goods or services. From the revenues, the cost of goods sold is subtracted to arrive at the gross profit. Operating expenses, such as salaries, rent, and utilities, are then subtracted from the gross profit to arrive at the operating profit.
Other gains and losses, such as interest income or losses from the sale of assets, are then reported to arrive at the pre-tax profit. Finally, taxes are subtracted from the pre-tax profit to arrive at the net profit or net income.
The income statement is a key financial statement that provides investors and other stakeholders with important information about a company's financial performance. It is often used to evaluate a company's profitability, operating efficiency, and ability to generate cash flow.
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Mark and Anthony are business partners of a franchised bakery. They have reached the end of the current financial year, and they assume that they must pay taxes. Since they have a partnership agreement, what must they submit?
A. Income tax return
B. information return
C. IRS tax claim
D. article of organization
E. policy document
Answer:
B. Information return
Explanation:
Corporations, trusts, individuals, estates, partnerships, that engage in business or trade and make transactions which are reportable shall report the transactions by filing an information return with the IRS, that indicates the amount a person received as payment within the calendar year on which the information return is based
The details on the information return can be used for ensuring that the tax returns are correctly filed
Payments made by owners of businesses such as compensation for nonemployee and employee requires the filing of an information return
It is important to save a copy of the information returns being filed each year
Tell me why you wished you were born rich and why
Answer:
I wished I was born rich just for the fact that everything would be so much easier you could get what you wanted and people would be more appreciate of me
Answer:
Well I didn't to born rich,because money is like everywhere,I would rather be born with simple family than rich because SIMPLE IS BETTER.
Explanation:
HAHAHAAHAHAH I hate my answer
Which of the following is a means of informally expressing an organization's culture? O Mission statement O Ceremonies OEmployee dress codes Code of ethics O Manuals
The means of informally expressing an organization's culture is through employee dress codes. Thus, the correct answer is Option 3.
Employee dress codes often reflect the values, norms, and expectations of an organization's culture. The way employees dress and present themselves can convey the organization's desired image, professionalism, and level of formality. Dress codes can vary widely depending on the industry, company, and specific work environment, ranging from formal business attire to more casual or industry-specific dress norms. By establishing and enforcing a dress code, organizations can shape and express their cultural values and expectations regarding appearance and professionalism.
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Complete Question:
Which of the following is a means of informally expressing an organization's culture?
1) Mission statement
2) Ceremonies
3) Employee dress codes
4) Code of ethics
5) Manuals
Why do we record Direct deposits into the CPJ
Explanation:
Because those payments are done for creditors, repayment of loans and other expenses
The letters A, B, C, D, E, F, G are called what?
1. A ________________________________________ in a subargument is either basic
or non-basic.
2. Arguments can also be explanations, but explanations can never be arguments.
(i) True (ii) False (iii) neither true nor false (iv) indeterminate
3. In an argument diagram, premises which together support a conclusion are linked
together by underlining them and writing the symbol
____________________________________ between each of them.
4. A set of sentences which describes some feature of the world can also function as an
argument
(i) True (ii) False (iii) neither true nor false (iv) indeterminate
The purpose of an Argument is to determine the degree of truth or acceptability of another statement, called a conclusion, using a statement or group of statements known as premises.
There are two goals to an argument: to alter people's viewpoints or persuade them to accept new viewpoints. convince people to do something new or specific.
1) In a sub-argument, a premise can be basic or not. A proposition is the foundation of an argument or the basis for a conclusion.
2) Contentions can likewise be clarifications, however clarifications can never be contentions, it is valid. The choice i is correct.
A rationale is an argument in which the justification provides evidence to back up a claim made in the conclusion. An explanation is a rationale in which the conclusion presents a cause for a particular fact.
3) In a contention chart, premises that together help an end are connected together by underlining them and composing the symbol arrow between every one of them.
4) It is true that an argument can also be a collection of sentences that describe some aspect of the world. It's a choice (i).
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Examples of products such as insurance, cemetery plots, and smoke detectors, are examples of ________ that are products that the consumer does not know about or does not normally think of buying. a. specialty goods
b. unsought goods
c. heterogeneous shopping goods
d. homogeneous shopping goods
e. none of the above
Examples of products like insurance, cemetery plots, and smoke detectors are considered unsought goods, which are products that the consumer does not know about or does not normally think of buying.(B)
Unsought goods are products that consumers are either unaware of or don't usually think about purchasing until a specific need arises.
These goods are typically not bought frequently or spontaneously. Instead, they are often promoted through aggressive marketing and advertising efforts to create awareness and generate demand.
For example, insurance companies may advertise their policies highlighting the importance of protection, and smoke detector manufacturers may emphasize the life-saving benefits of their products.
By raising awareness about these unsought goods, marketers hope to encourage consumers to consider them as part of their regular purchasing decisions.
This contrasts with other types of goods like specialty goods, heterogeneous shopping goods, and homogeneous shopping goods, which consumers actively seek out or compare based on preferences and needs.(B)
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What's the difference between a checking account and a savings account?
A. A checking account has fewer fees.
B. A savings account comes with a debit card.
C. A savings account earns interest.
D. A checking account comes with a credit card.
Answer:
D. A checking account comes with a credit card.
Explanation:
A checking account is opened to facilitate regular bank transactions such as deposits, withdraws, cash transfers, payments, among others. There are no limits to the number of transactions that one can perform per period. Bank's fee and charges are applicable per transaction. To facilitate payments, withdrawals, and deposits, banks provide debit cards to customers.
Savings accounts are designed to help customers accumulate funds for future use. Banks limit withdrawals and offer interest payments to encourage customers to save. Savings accounts have fewer charges and don't come with debit cards.
In at least 150 words, examine the elements that might lead to a worker receiving a higher salary. Be sure to provide details and examples from your lesson. Provide specific detail and in depth discussion of at least two of the element areas requiring higher pay.
Answer:
As salaries are paid to workers by virtue of the work they perform, a factor that can be decisive for a salary increase is none other than a greater or better performance of the tasks that the worker performs.
On the other hand, wages can also rise if the country's minimum wage is raised, or if there is a situation of inflation that renders workers' wages useless over time.
And also, it may happen that the company that pays the worker's salary is in an exceptional situation that implies a salary improvement as a way of rewarding the performance of its workers.
Because of the contemporary economic issues, what can happen to the investments made of the filipino entrepreneurs to their business?
Because of the contemporary economic issues, what can happen to the investments made of the filipino entrepreneurs to their business are:
inadequate access to technologyfinancing capital,What are the contemporary issues that can have effect on the Filipino entrepreneur?The contemporary issues that can have effect on the Filipino entrepreneur is the unavailable of the financing capital
It should be noted that one of the issue that the Filipino entrepreneurs are encountering today is that they do not have full access to technology , and in today's world, technology is very important in every business.
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Which industry is the second-largest employer of teens
and young people?
What percentage of employed teens are employed by
the government?
I got it
is retail trade
and 7%
Answer:
I. Retail industry
ii. 7%
Explanation:
Retail industry is the second largest employers of teen and young people next to health sector which is the largest employer.
Retailing involves buying goods either from the producers or wholesaler and selling them to the final consumers. Some services are also offered in these retailing such as call center representative, those who work in innovation lab. etc
In the United States, about 7% of teens and young people are in the employment of government , while retail industry is the largest employer of teen and young people because it provides flexibility and also do not involve much academic qualifications.
Example of these retail jobs are those who work in call center, sales representatives and those who works in stores.
Answer:
Retail Trade
7%
Explanation:
Edge 2020
Sales associate A and sales associate B work for the same firm. They agree to divide their region into an eastern half and a western half; sales associate A will handle listings in the east, and sales associate B will handle listings in the west. Which statement is TRUE
Answer: C) The agreement does not violate antitrust laws.
Explanation:
Anti-trust laws in the United States are laws enacted at both federal and state level with the aim of protecting consumers by ensuring fair competition amongst firms. As such, these laws target things such as monopolies, price fixing and market allocation.
The sales associates are currently engaging in market allocation. However, this does not violate anti-trust laws because they work for the same firm and will be offering the same services and prices to people in either area and it is still the same firm covering both areas.
what to do if you have a student whos bad
If Chinwe owes $2,164.00, what would her quarterly payments be?
Answer:
$541.00
Explanation:
2164 / 4 = 541
Based on the calculation, Chinwe's quarterly payment would be equal to $541.00.
What is a quarterly payment?A quarterly payment can be defined as a cumulative total of monthly payments that are made by an individual or business organization, four (4) times in a year or an annual basis. This ultimately implies that, a quarterly payment would be paid in four (4) installments only.
Given the following data:
Debt = $2,164.00.
Quarterly payment = 2,164.00/4
Quarterly payment = $541.00.
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i commanded the assault and capture of the fortress at derna, tripoli in 1805, and was presented with what would become the famous marine corps officer's sword
A policeman carrying a Mamluk sword was given to Lieutenant Presley O'Bannon in 1805 by a Mamluk chief in North Africa. Tripoli's history dates back to at least the 14th century BC. return.
After Cairo, he has a second concentration in Mamluk architecture. The naval squadron stationed in the Mediterranean was led by Commodore Edward Preble, but the hero of the United States' war with Tripoli was Stephen Decatur of Maryland. Crossed swords represent military strength in terms of physical security.
Both swords point upwards, always ready for battle, symbolizing the importance of always being on alert. The United States successfully defeated the Karamanli forces in a combined sea and land attack by the United States Marine Corps. The U.S. treaty with Tripoli, signed in 1805, included a ransom for Tripoli's American prisoners of war, but no provision for tribute.
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Why does the quantity of salt demanded tend tobe un responsive to changes in its price
The quantity of salt demanded tend tobe un responsive to changes in its price because salt is an inelastic good, the quantity demanded is unresponsive to price changes. This means that regardless of the price change, people will still buy it.
Salt is a product with a limited number of substitutes, and people may not spend a lot of money on it, so price increases do not bother them. Furthermore, it is a necessity with no close substitutes.
Thus, the demand for salt is inelastic i.e. any change in its price will not affect demand.
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When people get satisfaction from charitable giving, they are ______.
When people give because they get satisfaction from doing so, they are said to be acting out of rational self-interest.
What does it mean to act out of rational self-interest?It means that your decisions are based on catering for what gives you satisfaction. Explains why people engage in certain behaviors.Certain behaviors give people satisfaction and this theory explains that this prompts them to engage in such behavior. Those who gain satisfaction from being charitable are abiding by this theory as they only give because it makes them satisfied.
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HELP PLEASE
Q1 How would you describe Snap-On Tools' competitive strategy? Does it fit a price or non price model? Explain (4)
q2 How are the free enterprise " freedoms" of ownership and profit depicted in this scenario on Snap- On Tools? (4)
Q3 Is there any risk for the franshised dealers who purchase the truck, tools and equipment from Snap- On? ( 2)
Answer:
Q1. Non price model
Q2. How free enterprise "freedom" of ownership and profit are demonstrated includes
1) Snap-on tools ability to make and sell their tools for profit
2) Snap-on tools ability to sell out of mobile trucks, rather than store
3) Snap-On tool is able to offer credit financing to the its customers
Q3 The risks are,
a) Damage to reputation
b) Joint liability
c) Compliance to commercial regulations
Explanation:
A non-price competition is a form of marketing strategy, whereby a company or establishment puts in place distinguishing factors in its goods and or services, in order to distinguish them from competing goods or services.
estate planning is important for financial planning but not for retirement planning. group startstrue or falsetrue, unselectedfalse, unselected
True. For financial planning, estate planning is crucial, but not for retirement planning.
Estate planning is the process of foreseeing and coordinating the administration and distribution of a person's property while that person is still alive in anticipation of that person's eventual incapacity or death. Plans may include bequests of assets to loved ones, charities, or heirs as well as gift and inheritance taxes, generational transfer tax relief, and gift and inheritance taxes.
Planning ahead for difficulties, minimising or eliminating management-related worries, and boosting property value by cutting costs like taxes and other expenses are all part of property planning. The final aim of a property plan might be simple or complex depending on the owner's wants and preferences, and can only be determined by the owner's own aspirations. Children under 18 and beneficiaries with disabilities frequently have guardians assigned.
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Complete question:
Estate planning is important for financial planning but not for retirement planning. true or false.
1. The reason economists focus on measuring GDP is because
a. Economists are mostly concerned about profits.
b. Real GDP is the easiest thing to "count up" countries.
c. Real GDP is highly correlated with other measures of well-being.
d.None of the above
2. Using the Rule of 70, an economy that grows at 2% a year will take approximately ____ years to double its Real GDP
a. 35 years
b. 37 years
c. 140 years
d. 40 years
3. Let’s suppose that the state government of Pythagoras Land establishes an interest rate ceiling of 3 % through a usury law. (The equilibrium interest rate is 5%). One would expect to see...
a. A shortage of funds
b. A surplus of funds
c. An equilibrium
d. None of the above
4. Which of the following is an effect of the government borrowing to increase spending?
a. A decrease in private investment
b. An increase in private consumption
c. A decrease in interest rates
d. None of the above
5. What's the measure of standard of living used by economists?
a. Real GDP per capita
b. Nominal GDP per capita
c. Real GDP
d. Nominal GDP
The reason economists focus on measuring GDP is that Real GDP is highly correlated with other measures of well-being. Therefore, the answer to question 1 is (c) Real GDP is highly correlated with other measures of well-being. As a result, it has become a widely accepted measure of an economy's overall health.
The gross domestic product (GDP) is one of the most significant macroeconomic measures. It is a statistical estimate of a nation's total monetary value of all the goods and services produced in a specified period. It serves as a general indication of an economy's size and development. GDP is calculated using several measures such as consumption, investment, net exports, and government spending.Economists and policymakers use GDP as a measure of economic performance, as it helps to determine a country's economic well-being. GDP is regarded as a reliable measure of economic growth, output, and consumption. It provides information on whether an economy is growing or contracting. However, GDP only measures a country's output, and it does not take into account factors like quality of life, poverty levels, and income inequality. Furthermore, GDP does not indicate how income is distributed in a society, which is an essential indicator of welfare.Economists focus on measuring GDP because Real GDP is highly correlated with other measures of well-being.
Therefore, it has become a widely accepted measure of an economy's overall health. For example, an increase in real GDP can lead to increased employment opportunities, improved living standards, and an overall boost to an economy. The Rule of 70 can be used to predict how long it will take for Real GDP to double. An economy that grows at 2% per year will take approximately 35 years to double its Real GDP. The interest rate ceiling that is established by the state government of Pythagoras Land can have an impact on funds. If an interest rate ceiling of 3 % is established through a usury law, one would expect to see a shortage of funds. Borrowing by the government to increase spending has an impact on private investment. A decrease in private investment is a consequence of the government borrowing to increase spending.
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