When economists use the term correlation, they are referring to the degree to which two variables are associated with each other.
Correlation is a statistical measure that reflects the degree to which two variables are associated with each other. A positive correlation is said to exist when one variable increases as the other variable increases. A negative correlation is said to exist when one variable decreases as the other variable increases. There are various types of correlations that economists use. A positive correlation, for example, indicates that as one variable increases, so does the other. This relationship, however, does not establish causality or imply that one variable is responsible for the other's behavior. Another sort of correlation is a negative correlation. In summary, the degree to which two variables are associated with each other is referred to as correlation by economists. Positive correlation is the relationship when two variables increase together, and negative correlation is the opposite.
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skills are the most important for accountants when presenting their
work to clients.
O A. Communication
O B. Multitasking
OC. Social media
OD. Math
Professional video game players can make a living playing, and winning, video game tournaments. Marketing in the video game industry is primarily based on what type of market segmentation?
Answer:
The hardware market is a typical oligopoly, with three major companies: Nintendo, Sony and Microsoft. Economists have realized that the sales of hardware are positively influenced by the quality of its software, and the sales of software are also affected by the sales of hardware.
Explanation:
WILL GIVE BRAINLEST ASAP!!!!!! Good afternoon can someone answer this please
Cindy Haskins is paid $9.00 an hour. Her overtime rate is 2 times (double time) her regular hourly rate. This week Haskins worked her regular 40 hours plus 8 hours of overtime. What is her total pay?
Her entire compensation is $504.
The term "total pay" means what?Total Pay is the sum of a worker's regular straight-time pay or base salary plus any additional wages received for overtime, shift differentials, incentive pay, bonuses, and other special payments.
The following formula will be used to determine Cindy Haskins' total compensation:
Hourly Payment per hour= $9.00
Hours worked= 40 hours
Payment = 40 X 9 = $360
Overtime payment per hour = $9.00 X 2= $18
Overtime = 8 hours
Payment = 18 X 8= $ 144
Total Payment= $360 + $144= $504
How do you figure up total pay?The number of hours worked multiplied by the hourly wage of an employee is how gross wages for hourly workers are determined. For instance, if a worker does 25 hours per week of part-time employment at a wage of $12, their gross compensation would be $300 (25 x $12 = 300).
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As a result of a thorough physical inventory, Oriole Company determined that it had inventory worth $320300 at December 31, 2018. This count did not take into consideration the following facts: Herschel Consignment currently has goods worth $47200 on its sales floor that belong to Oriole but are being sold on consignment by Herschel. The selling price of these goods is $75300. Oriole purchased $21700 of goods that were shipped on December 27, FOB destination, that will be received by Oriole on January 3. Determine the correct amount of inventory that Oriole should report.
Answer: $367500
Explanation:
The correct amount of inventory that Oriole should report is calculated below:
Worth of inventory per physical verification = $320300
Add: Cost of goods that are consigned to Herschel Corporation = $47200
Therefore, the amount of inventory that Oriole should report will be the addition of the inventory worth and the cost of goods consigned to Herschel:
= $320300 + $47200
= $367500
Systems analysis and design is a six-phase problem-solving procedure for examining and improving an information?
Systems analysis and design is a six-phase problem-solving procedure for examining and improving information in System.
System analysis is the technique by which a character (s) research a device such that a facts device can be analyzed, modeled, and a logical opportunity can be chosen. systems analysis initiatives are initiated for three reasons: problems, opportunities, and directives.
systems analysis is "the technique of analyzing a system or commercial enterprise to pick out its goal and purposes and create systems and approaches so that it will correctly acquire them".
The definition of a System analysis is a technique of figuring out the fundamental elements of a venture and determining how to combine them in a nice way to clear up the trouble. An instance of structure evaluation is deciding the fine way to dry clothes without a garments dryer which includes by using placing them on a line inside the sun.
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Martha can produce quilts or batches of chocolate chip cookies in a month. jane can produce quilts or batches of chocolate chip cookies in a month. Distinguish between comparative advantage and absolute advantage.
The concept of comparative advantage and absolute advantage are two distinct economic theories that are used to help explain trade.
Comparative advantage is when a person is able to produce a good or service more efficiently than another person, while absolute advantage is when a person is able to produce a good or service more than another person, regardless of how efficient they are.
In this example, Martha and Jane are able to produce either quilts or batches of chocolate chip cookies in a month. Martha has a comparative advantage in quilts while Jane has a comparative advantage in chocolate chip cookies.
This means that Martha is able to produce quilts more efficiently than Jane, while Jane is able to produce chocolate chip cookies more efficiently than Martha.
On the other hand, if Martha was able to produce more quilts than Jane, she would have an absolute advantage over her. It is important to note that having an absolute advantage does not necessarily mean that you have a comparative advantage, since comparative advantage is based on efficiency.
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In at least 150 words, examine the formatting of a resume. What items are of importance for the formatting checklist? What about errors? Explain the areas that should be addressed for proper resume formatting.
Answer:
The formatting of a resume is a way to make your resume professionally organized and easy for your employer to read as well as making it more distinctive. The items that are of importance for the formatting checklist are uniformity, font size and style, white space, and print quality.
Uniformity presents information in a uniform way that is crucial throughout a resume, as it establishes reader expectations and recognition of similar information.
Resumes should be easy to read that makes your employer enjoy reading it while maintaining a professional look in it. Resumes should be typed using at least a 12-point font.
White space separates sections of the resume and makes it easier to read.
Finally, resumes should be printed on the best quality paper. In fact, it is best to have them professionally printed. Never use a resume that has a smudge or has become dirty.
Errors in spelling, grammar, punctuation, and facts must be corrected before sharing the resume with a potential employer. Since it is difficult to proofread errors on your own, have someone that you know to proofread your resume for you. They can also offer feedback while they are proofing and can think of information that can be included in the resume.
UNIT 4 LAB
What must a country commit to in order to become a part of the Organization of Economic Cooperation?
How does one’s language force a person to think about time?
How does this difference in language relate to our propensity to save?
What experiments did Chen carry out to come up with these conclusions?
Did anything surprise you about this video? Why or why not?
1. What must country commit to in order to become a part of the Organization of Economic Cooperation?
- The affirmed common commitment of democracy, open markets, and free trade.
2. How does one’s language force a person to think about time?
- When you use different words in different tenses, it makes you think about the time these events took place, saying “I walked yesterday” is past tense but, “I’m walking” is present tense.
3. How does this difference in language relate to our propensity to save?
- Speaking futureless language, you will speak about time identically meaning you will feel as they are identical, it increases your propensity to save.
4. What experiments did Chen carry out to come up with these conclusions?
- Chen came up with knowledge of his own ideas to figure out the conclusion.
5. Did anything surprise you about this video? Why or why not?
- No. Everything made sense, everything had great conclusions talking about past, present, and future tenses.
How does one’s language force a person to think about time? that must a country commit to in order to become a part of the Organization of Economic Cooperation. The correct option is A.
What are the OECD guidelines?Governmental suggestions on ethical corporate behavior are contained in the OECD Guidelines for Multinational Enterprises (OECD Guidelines). The OECD Guidelines define expectations for ethical business behavior in relation to a number of topics, including the environment, labor rights, and human rights.
Essentially, there are two fundamental characteristics that nations must meet in order to join the OECD: democratic societies devoted to the rule of law and the preservation of human rights; and open, transparent, free-market economies.
Thus, the ideal selection is option A.
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indicate which group within the federal reserve system has responsibility for each action listed below,
The Federal Reserve System is comprised of three main groups: the Board of Governors, the Federal Reserve Banks, and the Federal Open Market Committee (FOMC).
The Board of Governors is responsible for setting monetary policy and regulating banks. They also oversee the 12 Federal Reserve Banks, approve changes to discount rates, and provide guidance on banking regulations. The Federal Reserve Banks are responsible for implementing monetary policy in their respective regions, as well as providing banking services to member banks. They also participate in the FOMC's monetary policy decisions.
The FOMC is responsible for setting monetary policy for the United States. This committee is made up of members from the Board of Governors and several Federal Reserve Bank presidents. They meet regularly to assess the state of the economy and determine the appropriate course of monetary policy.
In summary, the Board of Governors oversees the Federal Reserve Banks and sets monetary policy, the Federal Reserve Banks implement monetary policy and provide banking services, and the FOMC sets the overall monetary policy for the country.
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What is the most common percentage for calculating uncollectible accounts receivables?
According to previous experience, 1 percent of accounts receivable that are less than 30 days old and 4 percent of account receivable that are at least 30 days old will be uncollectible.
Is there a typical credit balance in the account allowance for uncollectible accounts?The normal balance of the allowance for doubtful accounts is a credit balance due to the fact that it is a contra asset account. Therefore, credit entries increase the amount in an allowance for doubtful accounts journal entry, while debits decrease the amount in this account.
Because it is a credit account, the allowance for doubtful accounts can be either negative or zero. It records an increase or decrease in the value of liabilities. The company will debit the bad debt amount and credit allowance for doubtful accounts at this point because it is of the opinion that it is unlikely to receive all or a portion of the outstanding amount.
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Greening refers to: Group of answer choices the need for more carbon dioxide in our air. firms acquiring more green backs (U.S. dollars) from world trade. finding ways to lessen the harm on our environment. the agricultural industry's push to develop and produce ne
The goal of greening is to protect and preserve the environment for future generations by mitigating the harm caused by human activities. "Finding ways to lessen the harm on our environment."
What is the main objective of greening?Greening refers to taking actions or implementing practices that aim to reduce the negative impact on the environment.
It involves finding ways to minimize pollution, conserve resources, and promote sustainability.
This can include adopting renewable energy sources, implementing eco-friendly practices in industries, reducing waste and emissions, promoting recycling and conservation, and encouraging sustainable lifestyles.
The goal of greening is to protect and preserve the environment for future generations by mitigating the harm caused by human activities.
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Question 5 of 10
For accountants, which of the following is the most important consequence
of the unethical use of technology?
A. the threat to the reliability of accounting systems
OB. the direct and indirect loss of revenue
C. the possibility that privacy will be compromised
D. the loss of trust in the accounting profession
SUBMIT
The most important consequence of the unethical use of technology for accountants is the threat to the reliability of accounting systems (option A).
What are accounting systems?Accounting systems are described as the controls, procedures, and processes in accounting. The main purpose of accounting systems is to make a summary and record the different business transactions in a way that will allow the creation of reports, and enhance operations.
If the accountants are unethically using technology, then it will directly impact the accounting processes, and transaction records of businesses, and the financial report will produce erroneous results and will highly degrade the decision-making process.
It can be concluded that the most important consequence of the unethical use of technology for accountants is the threat to the reliability of accounting systems (option A).
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Answer: The loss of trust in the accounting profession
Explanation: believed the other person aaaannnnnddddd got it wrong
In 30-50 words, describe credit score
Answer:
A credit score is a three-digit number, typically between 300 and 850, designed to represent your credit risk, or the likelihood you will pay your bills on time.
Credit scores are calculated using information in your credit reports, including your payment history, the amount of debt you have, and the length of your credit history. Higher scores mean you have demonstrated responsible credit behavior in the past, which may make potential lenders and creditors more confident when evaluating a request for credit.
Which one of the following is not a recognized form of business?
B Corp
Cooperative
S Corp
T Corp
Option (d), T Corp is not a legally recognized type of corporation.
T Corp: What is it?To local governments in New South Wales that are judged to be financially secure, TCorp offers long-term, competitively priced infrastructure loans in conformity with credit conditions. Learn more.
New South Wales Treasury Corporation is the primary source of funding for the state of New South Wales's public sector (TCorp). Its major objective is to provide financial services to the government of New South Wales as well as other public agencies and companies.
The option that comes next is not a category of company organization.The primary kind of business structure is not limited unregistered businesses. This type of business formation does not exist. All legal forms of business entities, including corporations, partnerships, and sole proprietorships, are acceptable.
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If you are the buyer and your closing costs are 4% of the loan amount, how much will you pay if the loan amount is $200,000?
Answer:
$8,000
Explanation:
Closing costs are fees levied on mortgage takers. They are paid at the closing stages of a mortgage to cover the costs of transferring the title to the buyer and other expenses.
If the mortgage is $200,000 and closing costs at 4%, the actual amount to be paid as the closing cost will be,
= 4% of $200,000
=4/100 x $200,000
=0/04 x $200,000
=$8,000
One slice of pizza costs $4, but an entire
pizza with 8 slices does not cost $32. Explain why you think this
is the case, making reference to the principle of marginal utility.
Answer:
If a slice of pizza costs $4, an entire pizza with 8 slices may cost $30 due to the law of diminishing marginal utility.
Explanation:
The marginal utility of goods and services refers to the additional satisfaction that a consumer derives from consuming or buying an additional unit of a good or service.
In Economics, The law of diminishing marginal utility states that as the unit of a good or service consumed by an individual increases, the additional satisfaction he or she derives from consuming additional units would start decreasing or diminishing as the units of good or service consumed increases.
For example, buying a pizza and eating a slice may satisfy your cravings but eating another slice of pizza wouldn't give you as much satisfaction as the first due to diminishing marginal utility.
Hence, the pizza seller would place a discount on the price of a complete pack of pizza containing eight (8) slices so as to entice his or her customers while offering them value for money being paid.
Therefore, if a slice of pizza costs $4, an entire pizza with 8 slices may cost $30 due to the law of diminishing marginal utility.
Upon which of the following items does discounted cash flow methods for capital budgeting focus? 1_______________ A) operating income and cost of capital B) cash inflows and required rate of return C) working capital and cost of capital D) operating income and required rate of return
Discounted cash flow methods for capital budgeting focus on cash inflows and the required rate of return. Option B.
These methods involve estimating the cash inflows from the investment over its useful life and discounting them back to the present using the required rate of return to determine whether the investment is worth pursuing.
Operating income and cost of capital, working capital and cost of capital, and operating income and required rate of return are not the primary focus of discounted cash flow methods for capital budgeting.
Hence, the right answer is option B. Cash inflows and required rate of return.
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Name the choreographic element that encourages dancers to rely on musical cues, visual connections, and emotional phrasing.
The choreographic element that encourages dancers to rely on musical cues, visual connections, and emotional phrasing includes the time, energy, and space
What is the meaning of Choreography?In art, a choreography means the way in which an idea is expressed physically through dance. When developing this concept, the users usually relies on important principles of organization to ensure that the idea takes a clear, appropriate, and aesthetically pleasing form.
These are principles that comprises the basic ingredients for the dancers' movements and patterns and help the choreographer utilize space, express intention and the music, and organize the dancers.
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Which statement best describes one way businesses participate in the
circular flow of goods?
A. Businesses trade goods between product and resource markets.
B. Businesses provide revenue to households that sell products.
C. Businesses create goods for product markets to sell.
D. Businesses provide the labor that works in resource markets.
Businesses create goods for product markets to sell is the statement best describes one way businesses participate in the circular flow of goods. Hence, option C is correct.
What is circular flow of goods?The circular flow of goods shows the distribution of the goods and services between the production and households.
It is the never ending process of the circular flow between expenditure, income, production of goods and services.
Thus, option C is correct.
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Answer:
C. Businesses create goods for product markets to sell.
Explanation:
One reason a student may seek a federal student loan instead of a private student loan is that
O private loans carry a higher interest rate than federal loans.
O federal loans are obtained by banks, while private loans are backed by the government.
O federal loans must be paid back more quickly than private loans.
O private loans are only available to parents, while federal loans may be issued to the student.
Answer:
They are available to any student who meets lending standards, regardless of financial need
Explanation:
Federal student loan is funded by tax payer's money. it's usually available to all students who were born in United States as long as they can provide proof for their citizenships.
Compared to private student loan, Federal student loan does not impose a strict deadline for the students who want to take it. This means that they can pay it back when they obtain job and salary after they graduate.
Answer:
A
Explanation:
edge 2021
Life is like a white crayon on white paper u can't see the anything but the marks are there
Answer:
your most likey just like hisoka if you dont know who he is search it up
Explanation:
Question 20 (Mandatory) (6 points) President Lyndon Johnson did the following (mark all those that apply): Passed legislation to forbid the kind of discrimination faced by Héctor García. Appointed more Mexican Americans in government positions than any former U.S. President Invoked his own experience as a teacher in a small Mexican-American school in Texas. Invoked his own experience dealing with segregation as a white American from a healthy family.
President Lyndon Johnson passed legislation to forbid the kind of discrimination faced by Héctor García and appointed more Mexican Americans in government positions than any former U.S. President. He also invoked his own experience as a teacher in a small Mexican-American school in Texas, but he did not invoke his own experience dealing with segregation as a white American from a healthy family.
President Lyndon Johnson took significant steps to address discrimination and promote diversity during his tenure. He passed legislation to forbid the kind of discrimination faced by Héctor García, appointed more Mexican Americans in government positions than any former U.S. President, and invoked his own experience as a teacher in a small Mexican-American school in Texas.
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Write a short paragraph describing the benefits of working as a team to complete a project.
Answer:
A group of people who have to achieve common goal is known as team. If we work in team it increases our creativity and learning, it also builds trust. It boost the particular person when we work in team. We can also learn faster. There are more chances of getting success in particular area if we work in team. As there is saying, " together we can achieve more what each of us can achieve." It also enhances productivity and capability.
Which of the following is not a true statement?
For shareholder-employees who own 2 percent or less of the entity, the S corporation gets a tax deduction for qualifying fringe benefits, and the benefits are nontaxable to the employees.
For shareholder-employees who own more than 2 percent of the S corporation, the S corporation gets a tax deduction, but the otherwise qualifying fringe benefits are taxable to the shareholder-employees who own more than 2 percent.
S corporation owners who also work for the S corporation have a tax incentive to pay themselves a low salary.
An S corporation shareholder's allocable share of ordinary business income (loss) is not classified as self-employment income for tax purposes.
An S corporation shareholder's allocable share of ordinary business income (loss) is classified as self-employ
An S corporation shareholder's allocable share of ordinary business income (loss) is classified as self-employment income for tax purposes.
This statement is not true. An S corporation shareholder's allocable share of ordinary business income (loss) is not classified as self-employment income for tax purposes. Instead, it is generally treated as passive income, and the shareholder is not subject to self-employment taxes on that income.This distinction allows S corporation shareholders to potentially reduce their overall tax liability by minimizing the portion of their income subject to self-employment taxes. However, it's important to note that the IRS requires S corporation shareholders who are actively working for the business to pay themselves a reasonable salary, as opposed to solely receiving distributions, to ensure proper tax compliance.
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The full demand for rice is as follows: a. Q
Rice
=76−1.5P
Rice
+0.4P
Soybeans
−0.3P
corn
+0.25I a) Calculate the own price elasticity of rice b) The cross-price elasticity of rice and soybeans c) The cross-price elasticity of rice and corn d) The income elasticity of rice
a) The own price elasticity of rice is -1.5, indicating that a 1% increase in the price of rice will lead to a 1.5% decrease in the quantity demanded of rice, b) The cross-price elasticity of rice and soybeans is 0.4, suggesting that a 1% increase in the price of soybeans will result in a 0.4% increase in the quantity demanded of rice, c) The cross-price elasticity of rice and corn is -0.3, meaning that a 1% increase in the price of corn will lead to a 0.3% decrease in the quantity demanded of rice, d) The income elasticity of rice is 0.25, indicating that a 1% increase in income will result in a 0.25% increase in the quantity demanded of rice.
a) The own price elasticity of rice measures the responsiveness of the quantity demanded of rice to a change in its own price. In this case, the coefficient of -1.5 suggests that rice is price elastic, meaning that a change in its price has a relatively large impact on the quantity demanded. Specifically, for a 1% increase in the price of rice, the quantity demanded will decrease by 1.5%.
b) The cross-price elasticity of rice and soybeans captures the relationship between the price of soybeans and the quantity demanded of rice. The coefficient of 0.4 indicates that rice and soybeans are substitutes, as an increase in the price of soybeans leads to a positive change in the quantity demanded of rice. A 1% increase in the price of soybeans will result in a 0.4% increase in the quantity demanded of rice.
c) The cross-price elasticity of rice and corn measures the relationship between the price of corn and the quantity demanded of rice. The coefficient of -0.3 suggests that rice and corn are complements, as an increase in the price of corn leads to a negative change in the quantity demanded of rice. A 1% increase in the price of corn will cause the quantity demanded of rice to decrease by 0.3%.
d) The income elasticity of rice represents the sensitivity of the quantity demanded of rice to changes in income. With a coefficient of 0.25, rice is considered a normal good, meaning that as income increases, the quantity demanded of rice also increases. A 1% increase in income will result in a 0.25% increase in the quantity demanded of rice.
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1, xyz company cost function for the next four month is cost =500000+5Q A, find the BE dollar volume of sale is the selling price is birr 6/unit B, what would be the company cost is it decides to shutdown operation for the next four month
Answer:
Break Even point Q = 500000
Shut Down Point P < 5
Explanation:
Break Even point is where Total Revenue = Total Cost.
Total cost = 500000 + 5Q, price = 6 (Given) , Total revenue = Price x quantity
So, TR = TC implies : 500000 + 5Q = 6Q → 500000 = 6Q - 5Q
Q = 500000
Shut Down Point is where firm's Price is < its Average Variable Cost .
AVC is the variable cost on per unit output, is found out by average of variable component of cost function. C = 500000 + 5Q implies variable cost = 5Q , so AVC = 5Q / Q = 5
So, the firm would shut down if its price would go below AVC , ie if P < 5
100 points LOLOL WHOEVER COMES HERE FIRST WILL ALSO BE MARKED BRAINLIEST
Answer:
sdadasd
Explanation:
Answer:
hi hi i hope you have a great day and take care of yourself
List the following documents in the order in which they are used when recording direct materials costs injob order cost accounting, with the first document on top.
1. Receiving reports
2. Materials ledger cards
3. Materials requisitions
4. Job cost sheets
The next table lists direct material costs in the order they were used. cost sheets for jobs, Materials requisitions, Materials ledger cards, Obtaining knowledge
On a materials ledger card, the raw material units that pass through a warehouse are manually recorded. Typically, the card has the following transactional data: Raw materials are carried from the warehouse to the plant floor after being purchased from vendors and recorded when received.
A list of a job's actual costs is called a job cost sheet. The report, which the accounting department put together, is given to the management team so they may decide whether a job was fairly bid. The sheet is usually finished after a work is finished, though it can be put together as you go.
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Design Math Quiz
QUESTION 1 of 10: To get your design manufactured, you need to pay $4,000 in setup costs and $5 per item. Which of the following
represents the cost of having 1,000 items made?
a) 5+4,000 x 1,000
b) 4,000 + 5 x 1,000
c) 4,005
d) 5x1,000
Answer:
b) 4,000 + 5 x 1,000
Explanation:
The cost of 1000 items will be the total of
1). the set up cost
2). The per item cost multiplied by 1000 units
Therefore, the cost function will
=set up cost($4000 ) + cost of 1000 items( $5 x 1000)
=$4000 + $5 x 1000