The overhead cost variance is calculated as: Multiple Choice
O Standard applied overhead less budgeted overhead.
O Actual overhead incurred less standard overhead applied
O Budgeted overhead less standard overhead applied.
O Actual overhead incurred less mandard applied overhead
O Actas feed cost less budgeted overhead

Answers

Answer 1

The correct answer is  Standard applied overhead less budgeted overhead.

By deducting the standard overhead imposed from the actual overhead spent over the time, it is possible to compute the variation in overhead costs. The distinction between applied overhead and real overhead is referred to as overhead variance. Only until you are aware of the period's real overhead expenses can you calculate the overhead variance. A fixed rate and a cost driver are used to apply overhead. The difference between actual and budgeted overhead is the overhead controllable variance. Indirect expenses incurred throughout the production process include indirect materials, indirect labor, and other indirect costs. Overapplied (absorbed) overhead is added to cost of goods sold when applied overhead exceeds true overhead cost.

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Related Questions

Which account option offers a higher rate of return in exchange for deposits that are
larger than normal?
O Certificate of deposit
Checking
O Savings
Money market

Answers

Answer:

A Money Market Deposit Account is similar to regular savings account, but offers a higher rate of interest in exchange for larger than normal deposits. A Money Market Fund invests in low risk securities

Money market is the account option offers a higher rate of return in exchange for deposits that are larger than normal. Hence, option D is correct.

What is money market?

A money market deposit account offers a greater rate of interest in exchange for larger deposits than usual, Similar to a standard savings account. A money market fund makes low-risk investments.

Commercial paper, call money, bills of exchange, promissory notes, trade credit, and certificates of deposit are the examples.

Thus, option D is correct.

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A factory is considered what type of resource?


land


labor


physical capital


human capital

Answers

A factory falls under the category of physical capital, representing tangible assets and infrastructure utilized in the production process. Option C.

Physical capital refers to the tangible assets that are used in the production process to create goods or services. These assets include machinery, equipment, buildings, vehicles, and infrastructure. They are essential resources that contribute to the production capacity and efficiency of a business or organization.

A factory is a prime example of physical capital as it represents a dedicated space or facility equipped with machinery, tools, and equipment designed for manufacturing or production activities. It provides the necessary infrastructure and resources for transforming raw materials into finished products.

Factories typically house specialized equipment and machinery specific to the industry or production process they serve. This physical capital enables businesses to carry out mass production, streamline operations, and achieve economies of scale.

Physical capital is an important factor of production alongside other resources such as land, labor, and human capital. It plays a crucial role in enhancing productivity, output, and overall economic growth.

Effective management and investment in physical capital can lead to improved efficiency, cost reduction, and technological advancements in production processes.

In summary, a factory is categorized as physical capital, representing the tangible assets and infrastructure used in the production process. So Option C is correct.

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how to make money online without paying anything 2020

Answers

Answer:

you could sell stuff online for no cost.

Explanation:

What is one way that technology can improve the production of goods? Websites can allow consumers to purchase goods online. Container ships can transport a number of goods at once. Automation can create goods more cheaply and easily. Airlines can send goods from one place to another. WILL MARK BRAINLIEST

Answers

One way that technology can improve the production of goods is : ( C ) Automation can create goods more cheaply and easily

What is Automation

Automation is the creation and application of technologies to the process of production and distribution of goods and services with minimal or no human intervention. Automation makes the creation of goods easier and with less cost.

Hence we can conclude that One way that technology can improve the production of goods is Automation can create goods more cheaply and easily.

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The allocation of resources in a market economy is described by which of the following statements? 1). The government decides which good will be produced and which consumers will receive them. 2). Buyers and sellers exchange goods and services on a voluntary basis. 3)Prices and costs help producers decide whether they are producing too little or too much of a good.

Answers

The allocation of resources in a market economy is described by a statement, which is buyers and sellers exchange goods and services on a voluntary basis. Option 2.

In a market economy, individuals and firms make decisions based on their own self-interest, and prices and costs play a crucial role in guiding production and consumption decisions.

However, if a good is in high demand, the price will rise, signaling to producers that they should produce more of that good. On the other hand, if a good is in low demand, the price will fall, signaling to producers that they should produce less of that good.

This system allows resources to be allocated efficiently and effectively, with goods and services flowing to those who value them the most.

Hence, the right answer is option 2.

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When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must

Answers

When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.

This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.

To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.

Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.

Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.

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Which team role makes treatment decisions and assigns roles.

Answers

The team role that makes treatment decisions and assigns roles is : Team leader.

Who is a team leader?

A team leader is someone who oversees the functionality of a workgroup by providing guidance and instruction.

Team leader monitor the progress of a team throughout the duration and successful completion of a project.

Qualities of a good team leader are :

Achieve goals in good time.Good leaders make a decisive commitment to a vision.Successful team leaders speak well and listen better.

There, the team role that makes treatment decisions and assigns roles is the team leader.

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Which of the following would be an example of unconscionability? O A. A religious leader uses his personal influence to sell large numbers of his books to his followers OB. A property owner charges a renter three times the normal rate because he knows that the renter has no other options for housing O C. An unscrupulous individual cons a trusting elderly woman into buying an appliance that she doesn't really have need for O D. One party in a contract knows about defects to a building being purchased but withholds that information from the other party. ​

Answers

Answer:    D

Explanation:

One party in a contract knows about defects to a building being purchased but withholds that information from the other party. ​

Answer:

B. A property owner charges a renter three times the normal rate because he knows that the renter has no other options for housing.

Explanation:

This is super one-sided as the owner is taking advantage of the renter to the point of where its a question of right and wrong.

As a business writer, you must make your messages clear. One way to achieve clarity is to apply the KISS formula, which stands for ________ .
a. Key Identification of Synchronous Styles
b. Keep It Short and Simple
c. Knowledge Information Systems and Solutions
d. Know Important Sentences and Syntax

Answers

Your messages must be understandable as a business writer. Applying the KISS principle, which stands for Keep It Short and Simple, is one technique to promote clarity. Therefore, choice (B) is right.

The U.S. Navy first mentioned the design tenet known as KISS, which stands for "Keep it simple, " in 1960.

The KISS principle asserts that most systems function best when they are maintained simple rather than made complicated; as a result, simplicity should be a fundamental aim in design and excessive business writer. complexity should be avoided.

It was first used in part in American English by at least 1938. The expression has been linked to Kelly Johnson, an aviation engineer.

By 1970, the phrase "KISS principle" was well-known. Variations on the theme include "keep it super simple" (often used as a euphemism for the more derogatory .

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according to karl marx, capitalism results in the alienation and exploitation of workers. do you think alienation and exploitation share a reciprocal relationship? why? why not?

Answers

No, alienation and exploitation do not share a reciprocal relationship.

Why Effects of capitalism on society?

According to Karl Marx's analysis, capitalism does indeed result in the alienation and exploitation of workers. However, it is important to note that alienation and exploitation, while related in the context of capitalism, are not necessarily reciprocal in the strict sense.

Alienation, as Marx described it, refers to the sense of separation or estrangement that workers experience under capitalism. It arises from several aspects of the capitalist system, such as the division of labor, the commodification of labor power, and the lack of control over the production process.

Workers become detached from the products of their labor, as well as from their own creative potential and the fulfillment that work can provide. They are reduced to being mere instruments of production, leading to a sense of disconnection from their work and a loss of self-identity.

Exploitation, on the other hand, refers to the process by which capitalists extract surplus value from the labor of workers. Marx argued that under capitalism, workers are paid a wage that is less than the value they produce through their labor. The capitalist appropriates the surplus value generated by the workers' labor, resulting in a fundamental imbalance of power and economic inequality.

While both alienation and exploitation are interconnected outcomes of the capitalist system, they do not necessarily have a reciprocal relationship. Alienation is a subjective experience, a psychological and social consequence of the capitalist mode of production. Exploitation, on the other hand, is an objective economic relationship rooted in the extraction of surplus value.

Alienation can occur without explicit exploitation if workers feel disconnected and estranged from their work, even if they are paid a fair wage. Similarly, exploitation can exist without a strong sense of alienation if workers have some degree of control over their work and feel a sense of purpose and fulfillment.

It is important to recognize that Marx's analysis of capitalism provides a framework for understanding the systemic dynamics and contradictions within the capitalist mode of production. While alienation and exploitation are closely related phenomena under capitalism, they can also manifest differently in specific historical and socio-economic contexts.

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write the importance of professional education.​

Answers

Explanation:

The aim of education is to make a person intelligent enough to make decisions logically, knowledgeable enough to take up a right career path and skilled enough to be self-supportive. ... Getting a professional education is important for shaping your career to move towards a right direction.

As the owner of a small business, Zebadiah is deciding what materials he should use to make the softest teddy bears on the market. Zebadiah is solving which key question of economics?

Answers

Explanation:

Based on oligopoly market forms, Zebadiah is using the idea of interdependence to take the right decision for his teddy products.

Two nations, Mars and Venus, each produce food and clothing. The table gives points on each nationâs PPF. The asterisks indicate their current point of production. Which of the following statementsis correct based on the concept of comparative advantage?

Mars Venus
Food Clothing Food Clothing
0 30 0 40
2 24 4 32
4 18 8 24
5 12 12 16
8 6 16 8
10 0 20 0

a. Mars and Venus should continue producing the quantities indicated by the asterisks.
b. Mars should specialize in the production of food.
c. Mars should specialize in the production of clothing.
d.Venus has the comparative advantage in clothing.
e. Mars has an absolute advantage in the production of food.

Answers

Answer:

The correct option is;

c. Mars should specialize in the production of clothing

Explanation:

The given table can be presented as follows;

Mars\({}\)                                                                          \({}\)Venus

Food \({}\) Clothing                                                                 Food \({}\) Clothing

0 \({}\)         30                                                                         0    \({}\)      40

2    \({}\)       24                                                                         4    \({}\)      32

4        \({}\)   18                                                                          8      \({}\)    24

5   \({}\)         12                                                                        12   \({}\)      16

8     \({}\)        6                                                                         16          8

10            0                                                                         20 \({}\)        0

From the attached chart as produced in Excel, the trend lines and their equation for Mars and Venus can be seen

The relationship between Clothing, y and Food, x production for Mars is given as follows;

y = -3·x + 30

The relationship between Clothing, y and Food, x production for Venus is given as follows;

y = -2·x + 40

Therefore since a given decrease in food production results in a higher increase in Cloth production for Mars than for Venus, Mars should specialize in the production of clothing.

Two nations, Mars and Venus, each produce food and clothing. The table gives points on each nations PPF.

a) Explain the first two (2) steps in Cross Industry Standard Process of Data Mining (CRISPDM) b) Discuss if the following activities are a data mining task. i) Monitoring and predicting failure of hydropower plant. ii) Dividing the customers of the company according to their profitability. c) Dataset with missing values is common problem faced by the data miners. State two (2) methods to handle this problem and explain.

Answers

a) The first two steps in the Cross Industry Standard Process of Data Mining (CRISP-DM) are:

1. Business Understanding: In this step, the focus is on understanding the business objectives, goals, and requirements of the data mining project. It involves defining the problem statement, identifying the relevant stakeholders, and determining the project's scope. The key questions to answer in this step include: What is the business problem we are trying to solve? What are the goals and objectives of the project? What are the constraints and limitations?

2. Data Understanding: Once the business objectives are clear, the next step is to gather and understand the available data. This involves identifying the relevant data sources, collecting the data, and performing initial data exploration and analysis. The goal is to gain insights into the data, understand its structure, quality, and completeness, and assess its suitability for the data mining project. This step helps in identifying data quality issues, missing values, outliers, and understanding the variables and their relationships.

b) i) Monitoring and predicting the failure of a hydropower plant can be considered a data mining task. Data mining techniques can be applied to historical data collected from the hydropower plant to identify patterns, anomalies, and indicators of failure. By analyzing sensor data, maintenance logs, and other relevant data sources, data mining models can be built to predict potential failures, enabling proactive maintenance and minimizing downtime.

ii) Dividing customers of a company according to their profitability can also be considered a data mining task. By analyzing customer transaction data, purchasing patterns, and other customer-related variables, data mining techniques can be applied to segment customers into groups based on their profitability. This can help in identifying high-value customers, understanding their characteristics, and tailoring marketing strategies to maximize customer value.

c) Dealing with missing values is a common challenge in data mining. Two methods to handle this problem are:

1. Deletion: In this method, the incomplete rows or columns containing missing values are removed from the dataset. If the missing values are random and do not introduce significant bias into the analysis, this approach can be effective. However, it can result in a loss of valuable data and may not be suitable if the missing values are systematically related to the target variable or other important variables.

2. Imputation: Imputation involves filling in the missing values with estimated or imputed values. This can be done using various techniques such as mean imputation, median imputation, mode imputation, or regression imputation. The choice of imputation method depends on the nature of the data and the underlying assumptions. Imputation helps in retaining the complete dataset and can provide more accurate results if done appropriately. However, it introduces uncertainty and potential bias if the imputation process is not properly handled.

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ok so plz do not take these points.
if ur reading this plz listen to ghost by badflower and then answer and tell me what u think and if u have also recently felt like that.

Answers

Answer:

its a good song i think its touching and yes i have recently felt like that.

Explanation:

Which of the following is true of an unsecured loan?

A. They are exclusively for cars, houses, and other large purchases
B. Collateral could be collected by the lender if the debt is not paid
C. They never have any interest added onto them
D. Items of value that the borrowers owns are not at risk of repossession

Answers

Answer:

B

Explanation:

The statement "The value of an item where the borrowers owned but they are not at the repossession risk" is to be true.

The unsecured loan is the type of loan in which there is no need for any type of collateral property.

The lender does not takes the assets of the borrower as the security but it gives the approval of an unsecured loan depends upon the creditworthiness of the borrower.

Examples are:

Personal loans.Students loans.Credit cards.

The following information related to unsecured loans is

It does not for cars, houses, or any other large purchasesIn this, the collateral does not involve.It contains high interest.

Therefore we can conclude that,  option d is correct.

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Jessi has received a loan to start her new bakery. She wants to make sure that she spends the money wisely, getting all of the machinery, tools, and ingredients that she will need to make her bakery a success. What should Jessi make FIRST to make to make sure to manage her money so that she prioritizes what she needs for her bakery?


buying plan


sales forecast


profit margin


investment

Answers

Since Jessi has received a loan to start her new bakery, and he wants to make sure that she spends the money wisely, getting all of the machinery, tools, and ingredients that she will need to make her bakery a success. What she should make FIRST to make sure to manage her money so that she prioritizes what she needs for her bakery is a "buying plan" (Option A)

What is the definition of a "Buying Plan"?

A buying plan, sometimes known as a buying club, is a sort of plan that obligates a buyer to purchase products on a fixed timetable, to acquire items that a seller may deliver without warning, or to pay membership fees in exchange for the right to purchase at a supposedly discounted price.

Goods planning and procurement is a systematic strategy used by retailers to predict merchandise inventory requirements and negotiate the best terms with suppliers.

Typically, retailers employ a centralized buyer or team of buyers that supervise the chain's purchasing process. They may have additional local or regional merchandise managers that supervise merchandise implementation in stores.

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personalization technologies used on amazon demonstrate the use of centricity. a. human b. online c. group d. technological

Answers

Personalization technologies used on Amazon signify the use of A: human centricity.

Personalization technology refers to a group of software tools that collect, store, and manage client data in order to orchestrate personalized experiences.

Personalization can take various forms, from customizing products to leveraging artificial intelligence and technology and providing strong in-store personal relationships. Therefore personalization technology is said to be human-centric because it offers products based on the choices of users. Amazon, an app that offers users an online purchasing facility, shows users products according to their choices.

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the central bank can reduce the level of credit by

Answers

Answer:it can increase the reserve requirements

Explanation:

a piece of equipment costs $50,000 and current accumulated depreciation is $10,000. what is book value?

Answers

The equipment's book value is $40,000

$50k was spent on the equipment.

Depreciation costs equal $10000.

Equation: Equipment book value = Equipment Cost - Depreciation Cost

= 50000 - 10000

= $40000

What Do Depreciation Costs Entail?

The amortized fraction of the cost of the company's fixed assets over a specific time period is what is referred to as depreciation expenditure. Depreciation expense is recorded as a non-cash expense on the income statement, which lowers the company's net income or profit. Depreciation expense is debited and accumulated depreciation is credited for accounting purposes.

Because periodic monthly amortization does not take place in cash transactions, depreciation costs are classified as non-cash expenses.

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Mason Milling grinds calcined alumina to a standard granular size. The mill produces two different size products from the same raw material. Regular Grind can be produced at a rate of 10,000 pounds per hour and has a demand of 400 tons per week with a price per ton of $900. Super Grind can be produced at a rate of 6,000 pounds per hour and has a demand 200 tons per week with a price of $1,900 per ton. A minimum of 700 tons has to be ground every week to make room in the raw material storage bins for previously purchased incoming raw material by rail. The mill operates 24/7 for a total of 168 hours/week. How many tons of each product must be produced each week to maximize revenue? (hint: be careful with units in this problem, ton, ton per week, ton per hour).

Answers

The mill should produce 700 tons of super grind and 0 tons of regular grind every week to maximize revenue.

The main aim of the problem is to find out the number of tons of each product that has to be produced per week to maximize revenue.

The regular grind is produced at a rate of 10,000 pounds per hour and has a demand of 400 tons per week with a price per ton of $900.The super grind is produced at a rate of 6,000 pounds per hour and has a demand of 200 tons per week with a price per ton of $1,900.To make room for the incoming raw materials, a minimum of 700 tons has to be ground every week.

According to the given conditions, we need to find out how many tons of each product should be produced per week to maximize the revenue.

Let the number of tons of regular grind be x. Let the number of tons of super grind be y.

Since a minimum of 700 tons has to be ground every week, the equation becomes:

x+y ≥ 700

The regular grind is produced at a rate of 10,000 pounds per hour and has a demand of 400 tons per week. Hence, we get:10,000x / 2,000 = 400x = 80/3 tons per hour

The super grind is produced at a rate of 6,000 pounds per hour and has a demand of 200 tons per week. Hence, we get:

6,000y / 2,000 = 200y = 100/3 tons per hour

Since the mill operates 24/7 for a total of 168 hours/week, the number of hours the mill operates to produce regular grind is given by:

80/3 * h ≤ 10,000

h ≤ 750

The number of hours the mill operates to produce super grind is given by:

100/3 * k ≤ 6,000k ≤ 1800/100 = 18

The total revenue generated can be given by:

R = 900x + 1900y

The problem is to maximize revenue. We can use linear programming to solve this problem:

Maximize R = 900x + 1900ysubject to:

x + y ≥ 70080/3x + 100/3y ≤ 168x ≤ 750y ≤ 18x ≥ 0, y ≥ 0

The feasible region is shown below:

graph{y≤-0.8x+168y≥0x≥0x+y≥700y≤18}

The vertices of the feasible region are (0, 700), (750, 0), and (522, 178).

We evaluate R at these points to see which one gives the maximum value of R.

R(0, 700) = 900(0) + 1900(700) = 1,330,000

R(750, 0) = 900(750) + 1900(0) = 675,000

R(522, 178) = 900(522) + 1900(178) = 938,800

Therefore, the maximum revenue is $1,330,000 when the mill produces 700 tons of super grind and 0 tons of regular grind.

Therefore, the mill should produce 700 tons of super grind and 0 tons of regular grind every week to maximize revenue.

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Which one of the following is not a control procedure used for over-the-counter receipts?
A. Pre-numbered checks are used to buy supplies.
B. Providing the customers with an itemized receipt.
C. Use of a cash register where the amount rung up is clearly visible to the customer.
D. A cash register's tape is locked in the register and only a supervisor can access it.

Answers

Pre-numbered checks are used to buy supplies is not a control procedure used for over-the-counter receipts. Hence option a is the answer.

What are common controls over cash receipts?

The important cash receiving controls include making daily bank deposits, balancing accounts and reviewing bank statements at least monthly, and keeping watchful records of cash in accounts receivable. The following are the steps taken for over-the-counter receipts. At the close of each day's business, the sales clerks count the cash in their individual cash drawers, after which they determine the amount recorded by the cash register and produce the memo cash form, noting any differences.

Businesses regulate the cash receipts over the counter with the help of the point-of-sale terminal. A business keeps track of all cash receipts in the register, which aids in the control of cash receipts made over the counter. In this approach, a firm controls the cash receipts.

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______ is an undesirable situation in which consumers may become confused when an organization offers too many product choices.

Answers

The term you are looking for is "choice overload." Choice overload refers to the undesirable situation when consumers become confused due to an organization offering too many product choices.You're looking for the phrase "choice overload.

" Choice overload is the undesired scenario that occurs when customers feel perplexed as a result of a company giving too many product options.You're looking for the phrase "choice overload." Choice overload is the undesired scenario that occurs when customers feel perplexed as a result of a company giving too many product options.You're seeking the term "choice overload." Customers being confused as a result of a corporation offering too many product alternatives is known as choice overload.

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PLEASE HELP AND HURRY!!!
Just tell me A B C or D for these 3 questions... Thanks so much

PLEASE HELP AND HURRY!!!Just tell me A B C or D for these 3 questions... Thanks so much

Answers

Answer:

C A D

Explanation:

What do organizations use to build better, stronger information connections with clients? A) Customer relationship management (CRM) B) Data warehousing C) Industrial marketing D) Possession utility E) Data mining

Answers

The most relevant answer to building better, stronger information connections with clients is (A) Customer relationship management (CRM).

Customer relationship management (CRM) is a commonly used tool by organizations to build better and stronger information connections with clients. CRM systems enable companies to effectively manage and track customer interactions, preferences, and behaviors, allowing them to personalize their approach, provide targeted marketing campaigns, and deliver excellent customer service.Data warehousing refers to the process of collecting, organizing, and storing large volumes of structured and unstructured data from various sources. While it is a valuable tool for data analysis and reporting, it does not directly contribute to building information connections with clients.

Industrial marketing focuses on marketing products and services to other businesses rather than end consumers. While it is an important aspect of B2B relationships, it does not specifically address building information connections with clients.Possession utility refers to the value that is created by the transfer of ownership or possession of a product or service to a customer. It is not directly related to building information connections with clients. Data mining involves extracting useful information and patterns from large datasets. While it can contribute to understanding client behavior and preferences, it is a technique rather than a tool for building information connections with clients.

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To maximize profit, a monopolist will produce and sell a quantity such that for the last unit sold, marginal revenue equals marginal cost, and charges a price given by the demand curve at that output level.

a. True
b. False

Answers

Answer:

True.

Explanation:

True, the statement given is true because the profit maximization condition of the monopolist is “MR=MC” and it charges the price that is derived from the demand curve. For a monopolist, the demand curve and the marginal revenue (MR) curve is downward sloping. Therefore, the point where the marginal cost (MC) curve cuts the marginal revenue (MR) curve is the profit-maximizing point.

The demolition of the Seattle Kingdome (Snapshot from Practice) is an example of which of the following? A) Mitigating B) Retaining C) Ignoring D) Transferring E) Sharing

Answers

The demolition of the Seattle Kingdome is an example of mitigating.

Mitigating involves reducing or eliminating risks and negative impacts associated with a particular decision or action.

In the case of the Kingdome, the decision to demolish it was made due to safety concerns and the need for a more modern stadium.

By demolishing the Kingdome, the risks and negative impacts associated with the aging structure were mitigated, making way for a newer and safer facility.

This decision was not about retaining or ignoring the risks and impacts, transferring them to someone else, or sharing them among stakeholders.

Rather, it was a proactive approach to mitigating the risks associated with an aging and potentially dangerous structure.

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New batteries are needed to power our electronic devices—our cell phones, tablets, and computers—and that market is exploding. Researchers are developing lithium-ion batteries that will be vital to clean-energy and automobile manufacturing and could open up huge new markets. Currently, the domestic production accounts for about 12 percent of the world's production. The country has a domestic supply of raw materials, but production is limited and prices remain high compared to imported batteries.

The government could invest in technology and research.
The government could purchase domestic batteries exclusively.
The government could impose heavy tariffs on all imported batteries.
The government could ban imported batteries.

Answers

Answer:

The government could impose heavy tariffs on all imported batteries.

Explanation:

Import tariffs are taxes imposed on imported commodities. Should the government impose heavy tariffs on the imported batteries, their prices in the domestic market will go up.

One of the objectives of a tariff is to protect locally produced goods from unfair competition by low-priced imports. The imposed tax become a cost to the imported batteries, which will make them more expensive. The locally produced batteries will compete favorably with the imports. The domestic industry will grow since it has raw materials and a market to sell its products.

In the registration statement filed with the SEC, DrugsUSA stated that it had three different medicines approved by the Food and Drug Administration (FDA). In reality, DrugsUSA had filed applications for approval with the FDA that were still pending. The SEC approved the sale of DrugsUSA stock, and Marilyn purchased $100,000 worth of stock. Two months later, all three of DrugsUSA's applications were denied by the FDA. The stock price plummeted, reducing the value of Marilyn's shares to a total of $2,000. What, if anything, can Marilyn recover

Answers

Answer:

In the given case, the default is done by the FDA and not the producing company, hence, the company in loss is eligible for the loss they have occurred. As per the laws in United states, any entity losing any profits or incurring any loss due to actions of some government entity will be eligible to that extent of loss or reduce in value.  Therefore, Marilyn is eligible to recover the loss in value, that is $98000, from food and drug administration.

Products liability, medical malpractice, battery, invasion of privacy, trespass, wrongful death and libel all fall within a field of civil law known as:

Answers

Products liability, medical malpractice, battery, invasion of privacy, trespass, wrongful death, and libel all fall within a field of civil law known as tort law.

Tort law encompasses civil wrongs or harms that result in legal liability and provide grounds for a lawsuit. It is a branch of civil law that seeks to compensate individuals who have suffered harm or injury due to the wrongful actions or omissions of others. Tort law aims to provide remedies and compensation for the injured party, deter future wrongdoing, and uphold standards of conduct in society.

Within tort law, various categories of wrongful acts or civil wrongs are recognized. Products liability deals with the legal responsibility of manufacturers or sellers for defective products that cause harm to consumers. Medical malpractice involves negligence or improper treatment by healthcare professionals. Battery refers to intentional harmful contact or physical violence against another person. Invasion of privacy addresses violations of an individual's right to privacy. Trespass refers to unauthorized entry or interference with someone's property. Wrongful death involves a death caused by someone's negligence or intentional act. Lastly, libel pertains to false and damaging written statements.

All these specific areas of civil law fall under the broader umbrella of tort law.

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