The probability that none of them have a degree in economics is 0.657.
We need to calculate
P (X > = 1)
= 1 - P(X =0)
= 1 - (1-0.30)^3
= 0.657
Hence, Option C is Correct
The complete question is:
Thirty percent of the CFA candidates have a degree in economics. A random sample of three CFA candidates is selected. What is the probability that at least one of them has a degree in economics?
1. 0.300
2. 0.343
3. 0.657
4. 0.900
Candidate for Level I CFA
You are regarded as a candidate for the CFA Level I if you are presently preparing for the Level I test. You may do this in a number of different ways on your resume. One strategy is to identify as a Level I candidate for the CFA.
The Excel’s function BINOM.DIST can be used.
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I need this answer guys PLEASE.
Will give Brainliest
Demand-pull inflation occurs when
the price of goods rises suddenly and extremely fast.
consumers begin purchasing more goods.
producers need more money to make and distribute goods.
the government prints more money and pushes prices up.
Answer:
The production and transport of good and service are high and rises than the demand pull inflation occurs. It may be profitable for any business. Demand pull inflation need cost more but more than that they get profit
Question 2 1.11 pts Internal marketing: is another term for interactive marketing refers to the need for effective training/motivation of your employees refers to the service complaint department No answer text provided. When you are evaluating service quality based upon the attitude of the deliverer of the service, you are evaluating what? the technical base the functional base inseparability both a and c both b and c Disintermediation refers to: channel conflicts that are resolved by a third party with no connections to any of the channel members channel conflict that arises when a channel member bypasses another member and sells or buys products directly channel conflicts that are resolved through a negotiation team consisting of representative members from all channels involved No answer text provided. Question 13 1.11 pts Supply begins to exceed demand during which stage of the product life cycle? introduction maturity growth decline
Additionally, the technical base refers to the competence and skills of the service provider, which also influences the overall service quality.
Question 2: When you are evaluating service quality based upon the attitude of the deliverer of the service, you are evaluating both a and c (the technical base and inseparability). Assessing the attitude of the service provider is important to evaluate the interpersonal aspect of the service, which falls under inseparability. Additionally, the technical base refers to the competence and skills of the service provider, which also influences the overall service quality.
Disintermediation refers to: channel conflict that arises when a channel member bypasses another member and sells or buys products directly. It involves the elimination of intermediaries in a distribution channel, where a channel member directly interacts with customers or suppliers without involving other intermediaries.
Question 13: Supply begins to exceed demand during the maturity stage of the product life cycle. In this stage, the market becomes saturated, competition intensifies, and demand growth slows down. As a result, supply tends to surpass demand, leading to a more competitive market environment.
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If this market were highly competitive instead of a duopoly, the market price would be ________ and the quantity of movie tickets purchased would be ________
Answer:1/2 is 0
Explanation:
Radovilsky Manufacturing Company, in Hayward, California, makes flashing lights for toys. The company operates its production facility 300 days per year. It has orders for about 12,000 flashing lights per year and has the capability of producing 100 per day. Setting up the light production costs $50. The cost of each light is $1. The holding cost is $0.10 per light per year.
Answer:
The right solution is:
(a) 4,272 units
(b) $134.16
(c) $134.17
(d) $12,268.33
Explanation:
Seems that the given question is incomplete. The attachment of the complete question is provided below.
According to the question, the values are:
Annual demand,
D = 12,000
Number of days,
= 300
Daily demand,
d = \(\frac{12000}{300}\)
= 40
Production rate,
P = 100
Ordering cost,
S = $50
Holding cost,
H = $0.10
(a)
The production run's optimal size will be:
Q = \(\sqrt{\frac{2DS}{H(1-\frac{d}{P} )} }\)
By putting the values, we get
= \(\sqrt{\frac{2\times 12000\times 50}{0.10\times (1-\frac{40}{100} )} }\)
= \(\sqrt{20,000,000}\)
= \(4,471.14\)
or,
= \(4,472 \ units\)
(b)
The average holding cost will be:
= \(\frac{Q}{2}\times H\times [1-\frac{d}{P} ]\)
= \(\frac{4472}{2}\times 0.10\times [1-\frac{40}{100} ]\)
= \(134.16\) ($)
(c)
The average setup cost will be:
= \(\frac{D}{Q}\times S\)
= \(\frac{12000}{4472}\times 50\)
= \(134.17\) ($)
(d)
The total cost per year will be:
= \(Avg. \ holding \ cost+ Avg. \ setup \ cost+Cost \ of \ purchase\)
= \(134.16+134.17+(1\times 12000)\)
= \(12,268.33\) ($)
Bert's company is about to release a new electronics product. the electronics product is estimated to have a short life cycle before it is replaced by an upgraded one. the company would like to recover the capital spent to produce the product. it therefore decides to charge the highest possible price for the product upon release. bert's firm recognizes this might provide an advantage to competitors who may release the product at a lower price, but it believes customers will feel that the higher price signals higher quality.
what type of pricing objective has bert's firm adopted?cash flow
The type of pricing objective has Bert's firm adopted cash flow.
Which of the following is a reason for a corporation to increase the price of a product?Companies occasionally increase their prices to reflect rising costs. To cover any further cost increases, they may generally raise the prices by a larger amount than the cost increases. A seller may raise the price of their goods if there is a greater demand than there is for that thing.
Which of the following pricing techniques is most likely to cause a retailer to lose money on the item?In an effort to boost sales of other goods, it is offered at a discount to cost. Pricing for special events and price leaders.
What appeals to cellars about a high-low pricing strategy?Because it draws buyers from two different market segments—those who are not price sensitive and are prepared to pay the "high" price and those who are more sensitive to price and wait for the "low" sale price—a high/low strategy is appealing.
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The Natural rate of unemployment is: A. Structural unemployment rate plus frictional unemployment rate. B. The actual rate minus the cyclical rate C. A and B Leaning towards A
As a consultant for the online retailer you were introduced to in the IDE activity, you are tasked with making recommendations to the marketing department based on your findings. Study the plots you generated concerning Amount vs Recency and Amount vs Frequency. Use the feature descriptions to guide your analysis and formulate responses.
Describe the inferences you can make to guide the marketing department with regard to the following:
Clusters of products to apply bulk discounts to
The group of products that should be marketed the most aggressively
1. By analyzing the Amount vs Frequency plot, a person can identify clusters of customers who make frequent purchases with a high monetary value.
These customers demonstrate loyalty and have a higher lifetime value to the business. The marketing department can target these clusters of customers with bulk discounts on products that have a higher profit margin. This strategy can help incentivize these customers to make larger purchases, potentially increasing their overall spending and fostering customer loyalty.
2. By analyzing the Amount vs Recency plot, a person can identify customers who have made recent high-value purchases. These customers are more likely to be receptive to marketing efforts and may have an immediate need or interest in similar products.
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Can I earn by brainly?
Answer:
huh?
Explanation:
g applies for a policy as a standard risk after paying the initial premium. after thorough underwriting, the insurer issues the policy as a substandard risk. the issued policy represents:
g applies for a policy as a standard risk after paying the initial premium. after thorough underwriting, the insurer issues the policy as a substandard risk. the issued policy represents The insurer’s counteroffer
The statement made in response to an initial offer, which makes it clear that the previous offer was rejected, is referred to as a counteroffer. The initial offer has three options: accept the counteroffer, reject the counteroffer, or submit a new offer.
Until one of the parties accepts the other's offer, there is no binding agreement between them. These kinds of offers are frequently encountered in commercial talks, transactions, and private deals. The counteroffer is frequently used in negotiations for jobs, homes, and automobiles.
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What is the role of price in market economy?
Answer:
Price serves as a reminder for unexpected costs, allowing businesses and consumers to adjust to changing market conditions. Prices are instruments for the economic distribution of products and services. Typically, Prices play a significant role in the economy by balancing supply and demand.
Explanation:
What you think the impact on society is for the ones making the pencils
Answer:
The impact was how many trees were being cut down.
Explanation:
People eyes were opened to how many trees were being used and programs were started for tree conservation. We now have mechanical pencils which use no wood at all. This dramatically cut down the usage of trees and got people's eyes opened to the shortage in trees. Graphite and the wooden holders.
Answer:
I think that it made business even easier by making them able to write easily.
Explanation:
Pencil was made to mark and write things, it could be used for counting or calculating during the time without technology. It could be used for writing on paper and then to turn it in.
Which of the following are money market instruments? Check all that apply.
O Certificates of deposit
O Commercial paper
O Treasury bills
O Long-term bank loans
O Corporate bonds
Bank accounts, including term certificates of deposit, interbank loans (loans between banks), money market mutual funds, commercial paper, Treasury bills, and securities lending and repurchase agreements are among the items traded in money markets (repos).
What was money market instruments?Large volumes of very short-term debt products, including overnight reserves or commercial paper, are bought and sold on the money market. By purchasing a money market mutual fund, a Treasury bill, or by creating a money market account with a bank, a person can invest in the money market.
One of the safest money market securities is the Treasury bill, which is issued by the national government.
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David makes 7.5% commission on total sales. How much will he make if he sells $892 worth of merchandise?
Multiplying the sales income by the sales commission rate will get the payable commission. A $10,000 product deal with a 10% commission would provide a $1,000 commission.
How do you add commission into the total sales calculation?This percentage-based calculation is quite simple. Simply multiply the sale price by the commission rate, then divide the result by 100.
What are commission and how does it work?According to the commission rate, a commission is a proportion of all sales. Total sales x commission rate equals commission. To calculate the commission on a sale, multiply the commission rate by the total number of sales.
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PLEASE HELP MEEEE PLEASE!!!!!!!!!!!!!!!!!
Which of these describes an aspect of a product benefit?
Answer Choices:
A. Appeal to our senses
B. The advantages of product features
C. Relate to the quality of the merchandise
D. Physical in nature
Answer:
B or C, probably B
Explanation:
define higher level profession
A firm's opportunity costs of production are equal to its a. explicit costs only. b. implicit costs only. c. explicit costs implicit costs total revenue. d. explicit costs implicit costs.
A firm's opportunity costs of production are equal to its implicit costs only.
What is opportunity cost?Opportunity cost is an economic term for expressing cost in terms of foregone alternative. It is the loss of potential gain from other alternatives when one alternative is chosen.
Implicit cost is the opportunity cost equal to what a firm must give up in order to use a factor of production for which it already owns and thus does not pay rent.
Hence, a firm's opportunity costs of production are equal to its implicit costs only.
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In doing business with China, U.S. businesses should understand that there is a strong influence of ______.
A. Hinduism
B. Judaism
C. Islam
D. Christianity
E. Confucianism
In doing business with China, U.S. businesses should understand that there is a strong influence of Confucianism.
The correct answer is:- E
Confucianism has been a dominant philosophy and cultural influence in China for thousands of years, emphasizing values such as respect for authority, strong work ethic, and group harmony. Understanding these values and how they impact business practices can be crucial for successful business dealings in China.
For example, Confucianism places a strong emphasis on respect for authority and seniority, which can affect business relationships and decision-making processes in China.
Confucianism also emphasizes the importance of maintaining social harmony and avoiding conflict, which can impact negotiation styles and conflict resolution approaches in Chinese business dealings.
Understanding the influence of Confucianism can be important for U.S. businesses when engaging in business with China, as it can help them navigate cultural nuances, build effective relationships, and adapt their business practices to be more aligned with Chinese cultural values.
It's important to note that while Confucianism has a significant influence on Chinese business culture, it is not the only factor, and other cultural, social, and economic factors also play a role in shaping China's business environment.
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SECTION B
ANSWER ALL ITEMS IN THIS SECTION.
1. Fill in the blanks by classifying the following activities as primary, secondary or
tertiary production.
(Total 5 marks)
A
= Banking
В.
= Forestry
С.
Canning of fish
D.
= Doctor
Е.
Working as a lumberjack
You and a friend have just started a small business. How could you use the Internet to make your business successful?
Answer:
You could use the internet to make ads for your business and you can also make a website for your business, and focus on customer service and you can make social media to share what you do.
if an ice cream company decides to sell the best ice cream on earth, and intends to establish a strong ethical climate in the organization, during which phase of the strategic marketing planning process should the firm incorporate ethical considerations?
In the strategic marketing planning process, ethical considerations should be incorporated during the strategy formulation phase.
This is the stage where the firm identifies its goals and objectives, assesses its internal and external environment, and determines its overall approach to the market. During this phase, the firm should take into account the ethical implications of its marketing activities and consider the impact that its decisions will have on various stakeholders, including customers, employees, suppliers, and society as a whole. For example, if the ice cream company wants to establish a strong ethical climate, it should consider ethical issues such as fair labor practices, environmentally sustainable sourcing of ingredients, and responsible advertising practices. By incorporating these considerations into its marketing strategy, the firm can ensure that it operates in an ethical and socially responsible manner while still achieving its business objectives.
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PLEASE PLEASE HELP ME!!
Entrepreneurs
An Wang
George Washington Carver
Samuel F. B. Morse
Margaret Hutchison Rousseau
Choose one entrepreneur from this list. Write about an innovative idea this entrepreneur had. Include details about the person who brought it into being and the contributions he or she made to our society. How did this entrepreneur embody one or more characteristics from the HUNT? Present your response in a clear, organized manner and cite specific examples. (4 points)
Explanation:
hinese-American computer scientist who came to the United States in 1945 to attend Harvard University. He held more than 35 patents. His developments were critical to advancing digital information technology that we depend on today. Wang Laboratories created one of the first desktop computers.
Madame C.J. Walker
was the first member of her formerly enslaved family to be born a free person. She was one of the first self-made African-American millionaires. She employed over 3,000 people at the height of her hair care products business. Madame C.J. Walker was an early entrepreneur in the beauty industry that today garners billions of dollars in annual sales.
Howard Schultz
grew up in a Brooklyn, New York housing project. It is because of him that Starbucks® has over 6,000 stores worldwide today. His drive and marketing skills have made the café latte a daily habit for many Americans.
James Cash Penney
began as a store clerk after graduating high school. A contemporary of Madame Walker, Penney launched the first chain of department stores in the United States, commonly known as "Penney's." Today Americans visit over 1,000 "Penney's" or peruse the mail order and online catalogs to purchase various household goods and clothing.
Samuel F.B. Morse
grew up in Massachusetts studying religion and art. Morse patented the telegraph in 1849. His invention paved the way for long-distance communication, reshaping America literally in terms of westward expansion, railroad safety, and business efficiency.
George Washington Carver
reshaped the American South from a society heavily focused on cotton agriculture to one that grew diverse crops and utilized crop rotation. He taught these techniques for 47 years at the Tuskegee Institute. In addition, he discovered a plethora of uses for peanuts that are in many products we use to this day.
Joseph A. Unaue
grew up in Bronx, New York, born to a Spanish father and Puerto Rican mother. His father founded Goya Foods®, distributor of Hispanic foods. Joseph and his brothers joined the family business and under Joseph's direction Goya Foods® became the largest U.S. Hispanic-owned food distribution company in the United States
Answer:
George Washington Carver
reshaped the American South from a society heavily focused on cotton agriculture to one that grew diverse crops and utilized crop rotation. He taught these techniques for 47 years at the Tuskegee Institute. In addition, he discovered a plethora of uses for peanuts that are in many products we use to this day.
Explanation:
George Washington Carver
(1864–January 5, 1943) was an American agricultural scientist and inventor who advocated for non-cotton crops and soil conservation practices. In the early twentieth century, he was the most prominent black scientist.Carver devised strategies to repair soils depleted by repeated cotton crops as a professor at Tuskegee Institute. He wanted poor farmers to produce additional crops like peanuts and sweet potatoes to supplement their income and improve their living conditions.105 food recipes using peanuts were included in the most popular of his 44 practical bulletins for farmers. Despite spending years creating and marketing a variety of peanut-based goods, none of them were economically successful.#SPJ2
If an ad is overly detailed in it's portrayal of a target market, it might fail because it will be perceived as too _______.
If an ad is overly detailed in its portrayal of a target market, it might fail because it will be perceived as too NARROW.
Consumers are more likely to connect with an ad that speaks to them directly, but if an ad is too narrow in its focus, it may not appeal to a broader audience. This can result in the ad failing to generate sufficient interest or sales. It is important to strike a balance between being specific enough to resonate with the target audience while also remaining broad enough to appeal to a wider audience. By doing so, the ad can effectively communicate its message and drive sales.
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Learning is Fun company had current assets amounting to Php 100,000. Noncurrent assets for the year totaled Php 76,000. How much is the company's total assets?
The company's total assets are Php 176,000
How to calculate total assets?By adding current and non-current assets, we will get the company's total assets.
Given:
Current assets = 100,000
Non current assets = 76,000
By adding current and non-current assets:
Total assets = current + non current
Total assets = 100,000 + 76,000
Total assets = 176,000
Taking liabilities into account makes for the most accurate calculation of total assets. To determine total assets, you subtract the value of liabilities from the value of assets.
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what is the meaning of cheque stub
Answer:
A check stub is the part of a check that is kept by the payee with information such as the check number, date, and amount. ... A check stub is the part of a check that is kept by the payee with information such as the check number, date, and amount.
Marigold inc. (AP) is a manufacturer of toaster ovens. To improve control over operations, the president of AP wants to begin using a flexible budgeting system, rather than use only the current master budget. The following data are available for AP's expected costs at production levels of 86,000,97,000, and 108,000 units. Prepare a flexible budget for each of the possible production levels: 86,000, 97,000, and 108,000 units. (List variable costs before fixed costs).
The flexible budget for each of the possible production levels of 86,000, 97,000, and 108,000 units of Marigold Inc. (AP) is given above.
Flexible budgeting system:Flexible budget is a type of budget that adjusts for changes in cost drivers or activity levels. A flexible budget is an estimate of what the company's expenses would be at various levels of production or sales.The flexible budgeting system takes into account the effect of volume changes on the firm's budget. As a result, it can aid in the identification of potential trouble areas in the budget process and can provide significant insights into cost behavior.
Fixed and variable costs:Fixed costs do not change with production or activity level, while variable costs change as production or activity level changes. Fixed costs, such as rent and insurance, are constant regardless of production levels.Variable costs, such as direct labor and materials, are calculated by multiplying the variable cost per unit by the number of units produced. For the manufacture of toaster ovens, Marigold Inc. (AP) is the manufacturer. To improve control over operations, the president of AP wants to begin using a flexible budgeting system, rather than only the current master budget.The following data are available for AP's expected costs at production levels of 86,000, 97,000, and 108,000 units.
The flexible budget for the given production levels:
Calculation for 86,000 units produced:The flexible budget for 86,000 units produced is given below.
Variable costs:
Direct materials ($4 per unit x 86,000 units) = $344,000
Direct labor ($2 per unit x 86,000 units) = $172,000
Variable manufacturing overhead ($1 per unit x 86,000 units) = $86,000
Total variable costs = $602,000
Fixed costs:
Manufacturing overhead = $300,000
Total fixed costs = $300,000
Total cost = $902,000
Calculation for 97,000 units produced:
The flexible budget for 97,000 units produced is given below.
Variable costs:
Direct materials ($4 per unit x 97,000 units) = $388,000
Direct labor ($2 per unit x 97,000 units) = $194,000
Variable manufacturing overhead ($1 per unit x 97,000 units) = $97,000
Total variable costs = $679,000
Fixed costs:
Manufacturing overhead = $300,000
Total fixed costs = $300,000
Total cost = $979,000
Calculation for 108,000 units produced:
The flexible budget for 108,000 units produced is given below.
Variable costs:
Direct materials ($4 per unit x 108,000 units) = $432,000
Direct labor ($2 per unit x 108,000 units) = $216,000
Variable manufacturing overhead ($1 per unit x 108,000 units) = $108,000
Total variable costs = $756,000
Fixed costs:
Manufacturing overhead = $300,000
Total fixed costs = $300,000Total cost = $1,056,000
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Chip and Charlie own a local pizza shop. The pizza was the talk of the neighborhood. When
customers suggested that they open more stores, Chip and Charlie were hesitant. They didn’t
have the money. Chip and Charlie went ahead with plans to open another shop across town.
To finance the venture, the partners formed a private corporation and sold shares of stock to
friends. They chose a legal arrangement that allowed them to avoid dual taxation.
The form of private corporation that Chips and Charlie chose is the S corporation.
An s corporation is a type of privately held corporation that elects to pass its corporate earnings through its shareholders for the purposes of federal tax. This allows a s-corporation to be taxed only once. The company does not pay federal income tax.
In order for a corporation to be classified as a s corporation, it must meet several requirements set forth by the Internal Revenue Service. Some of these requirements include:
Shareholders must not exceed 100.The corporation should be incorporated in the United States.The corporation must have only one type of shares.To learn more about s corporation, please check: https://brainly.com/question/16128695?referrer=searchResults
A factory is considered what type of resource?
land
labor
physical capital
human capital
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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a common stock pays an annual dividend of $3.40 and sells for $51.20 a share. what is the total expected rate of return if the dividend yield represents 40 percent of the total return?
a common stock pays an annual dividend of $3.40 and sells for $51.20 a share, 16.60% is the total expected rate of return if the dividend yield represents 40 percent of the total return
What is common stock?One sort of security is common stock, which is a way to own business shares. In countries other than the US, the phrases voting share and ordinary share are also widely used. In the UK and other Commonwealth countries, they are referred to as equity shares or ordinary shares. The remaining ownership position in a firm is represented by common stock. An organisation keeps a balance sheet that lists its assets and liabilities.
Dividend yield = annual dividend / current price
Dividend yield = (3.4/51.2)
Dividend yield = 0.06640625
Dividend yield = 40% × Total return
∴ Total return = 0.06640625/0.4
Thus, total return = 16.60%
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1. John McDanel was charged with violating the Computer Fraud and Abuse Act. The section of the act he was charged with violating makes it a crime to transmit code, programs, or information with the intent to cause damage to a protected computer. The statute is usually interpreted to cover malicious code like computer viruses. The government charged that McDanel had sent so many emails (5,000 in a 5-day period) to his former employer that it crashed its system. McDanel argued that he was trying to force his employer to deal with a security hole in its software. McDanel was sentenced to 16 months in prison. However, after completing his sentence, the government decided that his prosecution was a mistake and moved to vacate (set aside) his conviction. The government, in presenting its motion to the 9th Circuit Court of Appeals, argued that the law was so vague that the statute itself should be ruled unconstitutional. They further argued that the definition of "unauthorized access," d
Answer and Explanation:
John Mcdanel's case was a case of wrongly convicting an innocent person. John Mcdanel, a hacker, particularly interested in cyber security found security flaws in Tornado's website. Tornado's website logged user credentials to next website visited by user after tornado and also showed user credentials in the url. John Mcdanel aimed to close this security hole by sending out about 5600 emails to alert the public on the security issue. He was convicted on the grounds that he had violated section 1030(a)(5)(A) of the CFAA. CFAA act protects against transmission of code and programs that cause harm to a computer. However this was not true as Bret(former employee) had an honest intention of communicating information on the true state of the security of tornado's website. He was judged guilty of the crime and jailed for 16 months after which he made an appeal. Federal prosecutors declared Bret Mcdanel an innocent whistle-blower after he had served time, determining that he had been wrongly convicted.
John Mcdanel's had served time anyways and his reputation had been affected.
if you take and hour shower with the hot water how much water will the bill cost Avery day.
Answer:
$1000000000000000000
Answer:
Assuming that the rates of electricity and water in your area are near the national average, 12 cents per kilowatt-hour and $1.50/1k U.S. gallons, each shower will cost you 25 cents or 51 cents per day for the whole household, according to the shower cost calculator by Omni.