Tutorial 6 - Industry Application Questions Question 6.1: Explain how your industry compares against each of the important conditions that define a perfectly competitive market structure. Is your industry a perfectly competitive industry? Question 6.2: Is it possible for a firm in a perfectly competitive industry to make an economic profit or an economic loss in the long run? Explain, using a diagram. Note: You should answer this question for a perfectly competitive market structure. Ignore your chosen industry for this question.
Answers
Question 6.1:These conditions include, among others, that there are no barriers to entry and exit in the market, that there are a large number of buyers and sellers, Question 6.2 : Yes, it is possible for a firm in a perfectly competitive industry to make an economic profit or an economic loss in the long run.
Explain how your industry compares against each of the important conditions that define a perfectly competitive market structure. Is your industry a perfectly competitive industry?For a perfectly competitive market structure, there are various conditions that must be met. These conditions include, among others, that there are no barriers to entry and exit in the market, that there are a large number of buyers and sellers, that there is no differentiation among the products, and that there is perfect information about the products and prices. The absence of any one of these conditions can affect the competitiveness of the market.To explain how an industry compares against each of these conditions, it is necessary to evaluate each condition separately and consider how the industry compares against that condition. For example, if the industry has many buyers and sellers, it is more likely to be competitive than an industry with only a few buyers and sellers. Similarly, if there are no barriers to entry and exit, it is easier for new firms to enter the market and compete with existing firms.Overall, the industry can be considered a perfectly competitive industry if it meets all the conditions of a perfectly competitive market structure.Question 6.2: Is it possible for a firm in a perfectly competitive industry to make an economic profit or an economic loss in the long run? Explain, using a diagram.Yes, it is possible for a firm in a perfectly competitive industry to make an economic profit or an economic loss in the long run. However, economic profits in the long run are not common in a perfectly competitive market structure as there are no barriers to entry and exit, and therefore, new firms will enter the market to compete for profits, driving down prices and reducing economic profits.In the short run, firms can make economic profits or losses, but in the long run, all firms in a perfectly competitive market structure will earn normal profits, which is the minimum amount of profit necessary to keep the firm in business. Normal profits are equal to the opportunity cost of the resources used in production and are represented by the break-even price. Firms that charge a price above the break-even price will make an economic profit, while firms that charge a price below the break-even price will make an economic loss.The following diagram illustrates the break-even price and the long-run supply curve of a perfectly competitive market structure
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Related Questions
office administration.Prepare for filling in order.
Answers
This (office administration) simply means to arrange the above in alphabetical order like this;
An Apple SpotA1 TaxiDriveByFine Foods LtdFirst Caribbean BankMalcolm Stephens & SonsNorth Eastern Funeral AssociationPortsmouth Police StationSt. John's Primary School21 Century Printers.What is office administration?Within a company, office administration is a collection of day-to-day operations connected to the upkeep of an office building, financial planning, record keeping and billing, personal development, physical distribution, and logistics.
Finally, administrative abilities are connected to corporate operations and enhancing office productivity. Communication and organizational abilities, as well as project management, bookkeeping, and time management skills, are among them.
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Matheson Electronics has just developed a new electronic device which, when mounted on an automobile, will tell the driver how many miles the automobile is traveling per gallon of gasoline.
The company is anxious to begin production of the new device. To this end, marketing and cost studies have been made to determine probable costs and market potential. These studies have provided the following information: a. New equipment would have to be acquired to produce the device. The equipment would cost 315,000 and have a 12 -year useful life. After 12 years, it would have a salvage value of about 15,000 . b. Sales in units over the next 12 years are projected to be as follows: c. Production and sales of the device would require working capital of 60,000 to finance accounts receivable, inventories, and day-to-day cash needs. This working capital would be released at the end of the project's life. d. The devices would sell for 35 the following; variable costs for production, administration, and sales would be 15 per unit. e. Fixed costs for salaries, maintenance, property taxes, insurance, and straight-line depreciation on the equipment would total 135,000 per year. (Depreciation is based on cost less salvage value.) f. To gain rapid entry into the market, the company would have to advertise heavily. The advertising program would be: g. The company's required rate of return is 14% .
Required:
(Ignore income taxes.)
(a) Compute the net cash inflow (cash receipts less yearly cash operating expenses) anticipated from sale of the device for each year over the next 12 years.
Answers
John need to invest $16393.44 with the process of simple interest.
What is simple interest?Simple interest is calculated based on a loan's principal or the initial deposit into a savings account. Simple interest doesn't compound, therefore a creditor will only charge interest on the principal sum, and a borrower will never be required to pay further interest on the interest that has already accrued.
Rate of interest = 12%principal + interest = $40000
Time = 12 years
Simple interest = \(\frac{p \times 12 \times 12}{100}\\=1.44p\)
Now principal + interest = 40000
\(\frac{p \times 12 \times 12}{100}\\=1.44pNow principal + interest = 40000\Rightarrow p+1.44p=40000\\\Rightarrow 2.44p=40000\\\Rightarrow p=\frac{40000}{2.44}\\\Rightarrow p= 16393.44\)
Therefore, John need to invest $16393.44.
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Matt works part-time and is paid $6.75 per hour. Determine Matt's gross pay (hours worked x hourly rate of pay) for last week when he worked 20.25 hours. Round your answer to the hundredths place.
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Answer:
Matt's gross pay (hours worked x hourly rate of pay) for last week when he worked 20.25 hours is equal to $136.69
Explanation:
Per hour amount paid to Matt = $6.75
Total number of hours worked by Matt = 20.25
To find Gross pay, multiply hours worked and hourly rate of pay.
Therefore,
Matt's gross pay (hours worked × hourly rate of pay) for last week when he worked 20.25 hours \(=20.25(6.75)=\$136.6875\) ≈ $136.69
How can the geographic location of data centers be beneficial for a company that is concerned about sustainability?.
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The geographic location of data centers be beneficial for a company that is concerned about sustainability in the following ways:
by permitting the use of locally produced renewable energy sources like wind or solar power. by locating data centers in faraway locations to reduce the impact of their emissions. by spreading out the world's energy consumption among many different locations.What role do data centers have in climate change?The International Energy Agency estimates that data centers use about 200 terawatt-hours (TWh), or close to 1% of the world's electrical demand, and produce 0.3% of the world's CO2 emissions.What is sustainability in data centers?Using energy-saving technologies, a green data center, also known as a sustainable data center, is a service facility. They make use of more recent, more efficient technology, do not have antiquated systems (such idle or underutilized servers), and do not contain such systems.To learn more about data center visit:
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Cleared checks:
a) Are available as online images for you to refer to or as reduced images sent with each monthly statement
b) Must be destroyed so that they don't get cashed again
c) Should be used to notify the people you wrote the check to since they havent cashed the checks yet
. d) Are automatically redeposited if the check image is lost
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Explanation:
should be used to notify the pepole you wrote the check to since they haven't cashed the checks yet
Effective ambidextrous organizations have alignment and maintain adaptability, which means that:_____.
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Effective ambidextrous organizations have alignment and maintain adaptability, which means that: there is a clear sense of how value is being created in the short-term and how activities are properly integrated and coordinated.
What is an ambidextrous organizational structure?Exploratory units are separated from their conventional units in ambidextrous companies, which encourages them to create their own own systems, organizations, and cultures. But at the top management level, they also closely coordinate these new divisions with the already-existing organizations. An ambidextrous organization distinguishes between managing its primary business and its exploration business. The current source of earnings is known as the "core business." It fulfills a known market requirement for clients whose needs and preferences are recognized.As a result, there is a clear understanding of how value is being created in the near term and how activities are effectively linked and coordinated in effective ambidextrous companies.To learn more about organization structure, refer to the following link:
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Tower City aims to construct a new bypass between two main routes that will reduce commuter travel time. The route will cost $15 million and will save 17,500 people $100 per year in petrol costs. The path will be paved. Every year, at a cost of $7,500, the surface must be refinished. The road will be in use for the next 20 years. Determine if Tower City should construct the road. Money has an interest rate of 8%(ε = interest rate) .
Note: Show final answer in two decimal places and show complete solution with cash flow
a. The Net Present Worth of this project = $ Blank 1
b. The IRR of this project = Blank 2%
c. The ERR of this project = Blank 3%
d. Should the city build the bypass road? (type only Yes or No) = Blank 4
Answers
a. The Net Present Worth of this project = is $1,552,282.14
b. The IRR of this project = 9.08%
c. The ERR of this project = 9.08%
d. Should the city build the bypass road? Yes
To determine whether Tower City should construct the bypass road, we can calculate the Net Present Worth (NPW), Internal Rate of Return (IRR), and External Rate of Return (ERR) of the project. We'll consider the cash flows over the 20-year period, taking into account the initial cost, annual savings, and annual refinishing cost.
Step 1: Calculate the annual savings for each year:
Annual Savings = Number of People x Savings per Person
Annual Savings = 17,500 x $100 = $1,750,000
Step 2: Calculate the net cash flows for each year:
Net Cash Flow = Annual Savings - Annual Refinishing Cost
Net Cash Flow = $1,750,000 - $7,500 = $1,742,500
Step 3: Calculate the NPW using the formula:
NPW = Initial Cost + (Net Cash Flow / (1 + ε)^n)
where ε is the interest rate and n is the number of years.
NPW = -$15,000,000 + ($1,742,500 / (1 + 0.08)^1) + ($1,742,500 / (1 + 0.08)^2) + ... + ($1,742,500 / (1 + 0.08)^20)
Using a financial calculator or spreadsheet, we can calculate NPW to be $1,552,282.14.
Step 4: Calculate the IRR and ERR:
Using a financial calculator or spreadsheet, the IRR is found to be 9.08% and the ERR is also 9.08%.
Step 5: Determine whether the city should build the bypass road:
Since the NPW is positive ($1,552,282.14) and both the IRR and ERR (9.08%) are greater than the discount rate (8%), the city should build the bypass road.
a. The Net Present Worth of this project = is $1,552,282.14
b. The IRR of this project = 9.08%
c. The ERR of this project = 9.08%
d. Should the city build the bypass road? Yes
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true or false: when considering the building blocks for global supply chains, all relationships between vendors, suppliers, and partners are equally valuable.
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False. When considering the building blocks for global supply chains, not all relationships between vendors, suppliers, and partners are equally valuable.
The value and importance of relationships can vary based on various factors such as the nature of the business, the criticality of the goods or services provided, the level of collaboration and trust, and the overall strategic objectives of the supply chain.
In a global supply chain, different relationships may have different levels of significance. For example:
1. Strategic Partnerships: Some relationships may be considered strategic partnerships, where vendors, suppliers, or partners are closely aligned with the organization's long-term goals and objectives. These relationships are typically highly valuable and involve a deeper level of collaboration, shared risks and rewards, and long-term commitments.
2. Key Suppliers: Certain suppliers or vendors may play a critical role in the supply chain by providing essential components, materials, or services. These relationships may be deemed highly valuable due to their impact on the quality, reliability, or timeliness of the products or services delivered.
3. Transactional Relationships: In contrast, there may be relationships that are more transactional in nature, where the focus is primarily on short-term discount cost efficiency or meeting immediate operational needs. While these relationships may be important for day-to-day operations, they may not carry the same level of strategic value or long-term significance.
Therefore, it is crucial for organizations to assess and prioritize their relationships within the global supply chain based on their individual value, strategic alignment, and contribution to the overall success of the supply chain.
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What is advertising??
Answers
Answer:
the activity or profession of producing advertisements for commercial products or services.
Explanation:
Answer:
the activity or profession of producing advertisements for commercial products or services.
"movie audiences are receptive to advertising"
advertisements collectively.
"despite being instructed to take the signs down, he says he has no intention of removing the advertising"
Explanation:
dvertising is a means of communication with the users of a product or service. Advertisements are messages paid for by those who send them and are intended to inform or influence people who receive them, as defined by the Advertising Association of the UK.
Why is the amount of underapplied (overapplied) manufacturing overhead different from requirement 2 above? (you may select more than one answer?
Answers
Complete Question:
Change the estimated total amount of the allocation base back to 65,000 machine-hours, so that the data area of you worksheet looks exactly the same as in Requirement 2. Now change the actual manufacturing overhead cost from $395,700 to $387,000. The data area of your worksheet should now look like this:
Allocation base is Machine-hours Estimated manufacturing overhead cost $383,500 Estimated total amount of the allocation base 65,000 machine-hoursActual manufacturing overhead cost $387,000 Actual total amount of the allocation base 63,000 machine-hoursRequirement:
Why is the amount of underapplied (overapplied) manufacturing overhead different from Requirement 2 above?
A. The predetermined overhead rate changed.
B. The change in the actual manufacturing overhead cost directly resulted in a comparable change in the amount of underapplied (overapplied) manufacturing overhead.
C. The change in the estimated total amount of the allocation base affected the amount of manufacturing overhead applied.
Answer:
Option B. The change in the actual manufacturing overhead cost directly resulted in a comparable change in the amount of underapplied (overapplied) manufacturing overhead.
Option C. The change in the estimated total amount of the allocation base affected the amount of manufacturing overhead applied.
Explanation:
Option A is incorrect because predetermined Overhead Absorption Rate (OAR) never changes.
Option B is correct. Due to budgeted ($383,500) and actual Manufacturing overhead cost ($387,000) difference which clearly shows that the actual cost was higher than the budgeted manufacturing cost. This cost difference factor was one of the main reason of underapplied overhead cost. Furthermore, due to this difference the Actual Overhead Absorption Rate was higher and the Budgeted Overhead Absorption Rate that we were using for pricing and costing purpose was lower in value.
Option C. Due to the difference between budgeted (65,000 Hrs) and actual allocation Base (63,000 Hrs) which is machine hours in this case. The overhead absorbed on the basis of machine hours (63,000 Hrs) were lower than the budget set (65,000 Hrs). Allocation base is an appropriate basis which is use to assign overhead cost to each unit product, it can be units product, labor hours, machine hours, etc.
rpoduct x sells for $35 per unit and has related variable cots of $25 peer unit
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To achieve a monthly operating income of $85,000: 15,000 units of Product X must be sold each month. The correct answer is C.
To determine how many units of Product X must be sold each month to earn a monthly operating income of $85,000, we need to consider the following terms: selling price, variable costs, fixed costs, and desired monthly operating income.
1. Selling price per unit: $35
2. Variable costs per unit: $25
3. Fixed costs per month: $65,000
4. Desired monthly operating income: $85,000
Break-even units = (Fixed costs + Desired operating income) / (Selling price per unit - Variable costs per unit)
Plug in the given values:
Break-even units = ($65,000 + $85,000) / ($35 - $25)
Break-even units = $150,000 / $10
Break-even units = 15,000 units
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Complete question:
Product X sells for $35 per unit and has related variable costs of $25 per unit.
The fixed costs of producing product X are $65,000 per month.
How many units of product X must be sold each month to earn a monthly operating income of $85,000?
a. 2,833 units.
b. 6,000 units.
c. 15,000 units.
d. 10,000 units.
dauterive barber shops (dbs) earned $3.50 per share this year. earnings are expected to grow at 5% next year. dbs pays out 60% of earnings as dividends. if similar firms currently have p/e ratios of 9.5 based on forecasted earnings, what market price will we observe for dbs?
Answers
The market price for DBS can be calculated using the price-to-earnings (P/E) ratio.
First, let's calculate the forecasted earnings for next year. We know that DBS earned $3.50 per share this year, and earnings are expected to grow at 5% next year. So, the forecasted earnings for next year would be:
$3.50 * (1 + 0.05) = $3.675 per share
Next, we need to determine the earnings available for dividends. DBS pays out 60% of its earnings as dividends. Therefore, the earnings available for dividends would be:
$3.675 * 0.6 = $2.205 per share
Now, we can calculate the forecasted dividends per share. Since we know the earnings available for dividends and the payout ratio, the forecasted dividends per share would be $2.205.
To find the market price, we can multiply the forecasted earnings per share by the P/E ratio. Given that similar firms have a P/E ratio of 9.5 based on forecasted earnings, the market price for DBS would be:
$2.205 * 9.5 = $20.9275 per share
Therefore, based on the given information and assuming similar firms' P/E ratios, we would observe a market price of approximately $20.93 for DBS.
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Which of the following is a cause of poverty?
a. Being highly educated
b. Being a single parent family
c. Living in the suburbs
d. Seasonal unemployment
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which of the following are the three key assumptions for internationalizing products and services? (check all that apply.) multiple select question. customers around the world are willing to sacrifice preferences in product features for high quality at lower prices. customers in developing countries are hungry for foreign products and are less concerned about regional preferences. companies can achieve substantial economies of scale through supplying global markets. customers' needs and interests are becoming increasingly homogeneous worldwide.
Answers
The statement "customers around the world are willing to sacrifice preferences in product features for high quality at lower prices" is not one of the key assumptions for internationalizing products and services.
The three key assumptions for internationalizing products and services are:
1. Companies can achieve substantial economies of scale through supplying global markets: Companies can increase their production and distribution efficiency by selling their products and services in different regions, which can help them to reduce the overall cost of production.
2. Customers' needs and interests are becoming increasingly homogeneous worldwide: Customers across different regions share similar needs and interests, which can be targeted by companies with standardized products and services.
3. Customers in developing countries are hungry for foreign products and are less concerned about regional preferences: Customers in developing countries are more willing to accept foreign products and services, and are often less concerned about regional preferences, making it easier for companies to enter new markets.
The statement "customers around the world are willing to sacrifice preferences in product features for high quality at lower prices" is not one of the key assumptions for internationalizing products and services. In fact, customers' preferences and tastes may vary widely across different regions, making it important for companies to tailor their products and services to meet local demand.
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identify each of the following expenditures as chargeable to land, land improvements, buildings, machinery and equipment, or other account. 1. cost of paving parking area for employees and customers. 2. insurance during construction of building. 3. interest incurred on loan during construction of building. 4. fee paid for installation of equipment. 5. special foundation for new equipment acquired. 6. insurance on new equipment while in transit. 7. freight charges on new equipment. 8. cost of repairing vandalism damage to equipment during installation. 9. sales tax on new equipment. 10. cost incurred in repairing damage resulting from installation of new equipment. 11. cost of land fill for building site. 12. cost of lubricating oil purchased for periodic oil changes for equipment. 13. parking lot lighting. 14. installing a fence around the parking lot. 15. repainting the trim on a building. 16. special assessment paid to city for extension of water main to property. 17. cost of razing and removing the old building on property acquired for a building site. 18. delinquent real estate taxes assumed by purchaser on property acquired for a building site. 19. attorney's fee for title search. 20. architect's fee for building plans and supervision of construction.
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An expenditure represents a charge with both coins or credit score to buy items or services. It is recorded at a unmarried factor in time (the time of buy), as compared to an expense this is recorded in a length wherein it's been used up or expired. This manual will evaluate the distinctive styles of fees utilized in accounting and finance.
The required details about expenditure is mentioned below .
(a) Land -
Cost of land fill for constructing site.
Special evaluation paid to town for extension of water fundamental to assets.
Cost of razing and putting off the vintage constructing on assets received for a constructing site.
Delinquent actual property taxes assumed with the aid of using client on assets received for a constructing site.
Attorney's rate for identify search.
(b) Land Improvements -
Cost of paving parking region for personnel and customers.
Parking lot lighting.
Installing a fence across the parking lot.
(c) Buildings -
Insurance in the course of production of constructing.
Interest incurred on mortgage in the course of production of constructing.
Architect's rate for constructing plans and supervision of production.
(d) Machinery and Equipment -
Fee paid for set up of gadget.
Special basis for brand new gadget received.
Insurance on new gadget at the same time as in transit.
Freight fees on new gadget.
Sales tax on new gadget.
(e) different account -
Cost of repairing vandalism harm to gadget in the course of set up.
Cost incurred in repairing harm because of set up of recent gadget.
Cost of lubricating oil bought for periodic oil modifications for gadget.
Repainting the trim on a constructing.
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Explain the role of public relations in developing and maintaining a corporate image.
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By overseeing communication and relationships between an organisation and its stakeholders, public relations plays a critical part in creating and sustaining a company image.
To influence the perception, reputation, and overall image of the business, strategic communication is used. To improve the public's view of the company, public relations experts take part in activities like media relations, crisis management, community involvement, and employee communications. Public relations contributes to the development of trust, credibility, and goodwill among stakeholders by clearly articulating the company's ideals, accomplishments, and social responsibility efforts. It helps build the company's brand, draw in clients, investors, and talent while minimising reputational hazards.
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The four sources of sales training include all of the following EXCEPT?-HR training-Corporate-sponsored training-Training provided by commercial vendors-Certification programs
Answers
The following options that show us about the aspect that not included in the sources of sales training is HR training. It is because the HR training is functioned for Hr professional.
In the term of organization and management, Human resource training programs generally can be defined as a specialized courses that teach HR professionals how to successfully onboard new employees. The human resources management programs also including the ways to teach the HR to know about talent management, and effectively collect, store, and analyze performance data.
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Your Assignment, Part I
Imagine you have decided to start a business. This is your opportunity to select a
business endeavor that interests you and engage in the marketing process. Choose
wisely because you will work on building this business not only in this project, but
also in the projects for Units 3 and 4. You should answer all questions in a separate
document that you will hand in to your teacher.
First, think about the type of business you want to create. Will this business offer
mainly goods, services, or a combination of both? Here is a list of ideas to get you
started:
• Restaurant or catering company
• Company that sells specialty goods, such as sporting goods or electronic
devices
• Service-oriented company, such as dog-walking, web design, or tutoring
1. List the type of business you will have.
Answers
20
Explanation:
I took the text to day its 20
Once you turn 18, if you choose one of the 4 options for accessing credit, how will you be sure you use that credit responsibly?
Answers
Answer:
What's the four options?
Everything you buy with your credit card will cost more because of the interest you pay. By paying off your entire balance each month, you demonstrate to lenders that you are a trustworthy borrower. Your credit score will suffer if you frequently make late payments or completely skip payments.
What accessing credit, use that credit responsibly?Credit is intended to enhance our financial security. When handled wisely, credit can give us the opportunity to buy the items we need and want right away in situations when cash is not always an option.
Responsible behavior is undoubtedly greatly influenced by external factors, but it is also greatly influenced by social cognition and emotion. Examples include continuing to make payments on schedule, paying down debt, and taking care of past-due bills.
Therefore, Responsible behavior requires internal desire and direction, not only conformity with the law as a result of external supervision, rewards, and penalties.
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If
there will be a
higher equilibrium price
and quantity.
supply increases and demand decreases
• demand increases and supply stays the same
supply increases and demand stays the same
• supply increases and demand increases
Answers
Answer: supply increases and demand decreases
Explanation:
When there's a higher equilibrium price, the producers will be willing to supply more goods to take advantage of the price rise. This will lead to an increase in supply of goods.
On the other hand, when is a higher equilibrium price, demand will reduce. Consumers will make less purchases. This follows the law of demand.
Which person used a cost-saving strategy when deciding how to spend their money?
a. when selecting a new tablet, Rosita carefully read about the features of each model.
b. when purchasing a new jacket, Thao chose the one that was manufactured locally.
c. when choosing which coffee to buy, Ivan chose the brand with the "fair trade" label.
d. when buying a used dirt bike, Fabian negotiated with the seller to get a better deal.
will give brainliest!
Answers
(cost-saving)
The person who used a cost-saving strategy when deciding how to spend their money is the Fabian who negociated with the seller to buy a used dirt bike to get a better deal.
What is cost-saving stategy?The strategy in which we analysis the basic requirements which are necessary and on which minimum cost can be made in a business
What is a dirt bike?The bikes which are generally used in dirts to have races or to have friction with the roads with dirts.
Hence, option D is the correct answer
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PLEASE HELP! IF YOU CAN'T ANSWER ALL OF THE QUESTIONS, PLEASE JUST GIVE ME AS MUCH AS YOU CAN! THANK YOUUUU
1. How can a business use its customer profile to meet the objective of increasing sales?
2. Explain why a business may decide to increase its product mix.
3. Define ‘customer profile’ and explain two elements that might be useful in creating a customer profile.
4. ‘Any business that fails to conduct a sales analysis will be unable to assess the success of its marketing strategies.’ Discuss.
5. A business has a sales forecast of $90000 but achieves actual sales of only $25000. What does this signify? What should the business do next?
6. Darren runs a garden maintenance business and has carried out a marketing campaign in his own and neighbouring suburbs. Explain how each of the following may help him evaluate the success of that campaign:
a. sales analysis b. market share analysis c. marketing profitability analysis
Answers
Answer:
1. Customer profile is used to increase sales by keeping their demand in mind. Customer traits and requirements are important and used a target for increasing sales.
2. Profitability is the main reason when a company is increasing its product mix.
3. Understand your product, take feedback from customer, observe customer typology.
Explanation:
4. The sales analysis is very important for any business. It is important to forecast sales based on demands of customers to ensure sufficient supply of products.
5. Inaccurate sales forecasting leads to decline sales. The company has foretasted $90,000 but in actual it was only able to make up $25,000 of sales. This may be due to some unavoidable circumstances but during forecast such events and seasonal effects should be considered.
6.
Sales analysis is an important factor which helps any organization to meet market demands.
Market share analysis helps the organization to identify where it stands out among its competitors.
Marketing profitability analysis is a process which helps a company to design such marketing strategies which will help to boost its profitability.
For my personal finance class
Which of the following is an example of the paradox of value?
a. You might choose an inflatable raft over a luxury car if you are adrift at sea
b. You might choose a diamond over a bottle of water if you really love dressing up
c. You might choose a hamburger over a veggie burger at a fast-food restaurant
d. You might choose a pair of socks over a hat if you are feeling cold
Answers
Answer:
b because diamonds dressing up
What the Benefits of SMART TRAFFIC MANAGEMENT SYSTEM in iot
?
please in the beginning small paragraph
Answers
Smart Traffic Management Systems in IoT optimize traffic flow, enhance safety, and reduce congestion through real-time monitoring, incident detection, and data analysis.
Smart Traffic Management Systems leverage the power of IoT to revolutionize transportation management. Real-time monitoring of traffic conditions enables dynamic adjustments to traffic signal timings, ensuring optimized traffic flow and reducing congestion. By utilizing IoT sensors and cameras, these systems can detect incidents such as accidents, breakdowns, or congestion, allowing for immediate responses and appropriate interventions, such as redirecting traffic or dispatching emergency services. Furthermore, the collected data from various sources, including sensors and vehicles, can be analyzed to identify traffic patterns, bottlenecks, and peak hours.
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Fill The Blank ? capital budgeting is concerned with making and managing expenditures on _____.
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Capital budgeting deals with the creation and management of expenditures for long-term projects and investments. It is the process of evaluating potential investments or company projects to determine their profitability and viability.
This requires an analysis of the expected cash flows and costs associated with the project or investment, as well as an evaluation of the associated risks. This allows the company to maximize its value over time by investing in projects that are expected to have a positive return. In addition, capital budgeting allows a company to better manage its resources and allocate them in the most efficient way possible.
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Which of the following motivators is the most basic need in Maslow's hierarchy? A. Safety B. Belonging C. Physiological D. Esteem E. Self-actualization
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The most basic need in Maslow's hierarchy is Physiological needs. Option C is the correct answer.
In Maslow's hierarchy, physiological requirements are the most fundamental. For physical survival, people require certain necessities. Air, food, water, clothing, warmth, sleep, and health are a few examples.
Your body cannot operate normally if you don't meet these demands. Because you can't meet the other requirements until your physiological ones are met, they are regarded as being the most important. At this level, a person's natural will to survive serves as their motivator.
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Find the present value of the following stream of cash flows assuming an opportunity cost of 14 percent. year 1: $10,000 year 2: $35,000 year 3: $24,000
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The present value of the stream of cash flows is approximately $53,849.51, assuming an opportunity cost of 14 percent.
To calculate the present value of the cash flows, we need to discount each cash flow to its present value using the opportunity cost of 14 percent.
For Year 1, the present value is $10,000 / (1 + 0.14)^1 = $8,771.93.
For Year 2, the present value is $35,000 / (1 + 0.14)^2 = $26,724.14.
For Year 3, the present value is $24,000 / (1 + 0.14)^3 = $18,353.44.
Summing up these present values, we get $8,771.93 + $26,724.14 + $18,353.44 = $53,849.51, which is the present value of the cash flows.
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You created a new strategy for lawncare services that involves assessing lawn health, applying the correct herbicides and pesticides and other necessary solutions to quickly bring a lawn back to health. What are three things you will need to consider regarding the mass delivery of your service? (Choose thee)
A) Developing the product website and social media campaign
B) Establishing quality control measures and accountability
C) Setting up your test marketing strategy
D) Training employees with the knowledge to consistently deliver the service
E) creating an effective demonstration of your service for potential customers.
F) finding a source of materials to support your service.
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Explanation:
A ) Step 1: Define Your Social Media Campaign Goals
Step 2: Identify the Social Media Channels You’ll Use
Step 3: Plan Your Social Media Campaign Strategies
Step 4: Choose the Metrics You Want To Monitor
Step 5: Create a Social Media Content Calendar
Step 6: Design Your Marketing Assets Using Free Online Tools
Step 7: Schedule Your Content Using Social Media Management Tools
Step 8: Manage Your Campaign
Step 9: Analyze the Results
B) Set your quality standards. ...
Decide which quality standards to focus on. ...
Create operational processes to deliver quality. ...
Review your results. ...
Get feedback. ...
Make improvements.
C ) Create a Sample Product/Service Prototype. ...
Determine Your First Testing Audience. ...
Establish Your Testing Method. ...
Ask the Right Questions. ...
Listen with an Open Mind. ...
Analyze Feedback, Tweak Your Product/Service.
D ) Training gives everyone a great understanding of their responsibilities and the knowledge and skills they need to do that job. This will enhance their confidence which can also improve their overall performance.
E )Customize your demo. Every customer is unique, so every demo should be uniquely matched to that customer. ...
Tell the customer's story. ...
Rehearse, rehearse, rehearse. ...
Test everything beforehand. ...
After the demo, close the deal.
F )Check the domain name. ...
Take a closer look at the source. ...
Search for additional information to back up what you've found. ...
Use certain sources only to jump-start additional research.
which of the following is the features of memorandum. (a) no salutation (b) dear ma/sir (c) it contains letter headed paper (d) it contains e-mail
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Answer:
(c) it contains letter headed paper
Explanation:
A memorandum can be referred to as it's short form called a Memo. A memorandum is an official means of communicating internally with the staff or employees of an organization about the day to day running or operations of such an organization.
Features of a Memorandum ( Memo) includes:
a) It is always typed or written on the company's letter headed paper.
b) It includes the person or persons who the memo is been addressed to
c) It includes the name and signature of person writing the memo.
d) Subject or title of the memo.
e) Information about the subject of the memo.
Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).
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It can be seen from the solutions given that Cain's net income is $24,000.
Here is the solution:Net income = Net cash provided by operating activities - Adjustments
= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000
= $24,000
Therefore, Cain's net income is $24,000.
Here is a breakdown of the adjustments:
To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.
A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.
The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.
A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.
A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.
A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.
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