Answers
Profits are never positive. The fact that monopolistically competitive companies create particular geographical sets them apart from perfectly competitive businesses.
What is the greatest way to define profit?What Is Gain? Profit is the term used to describe the monetary profit achieved when the revenue from a business activity exceeds the costs, costs, and taxes associated with maintaining that activity.
What does the term "profit" mean?What is gain? The economic benefit a firm has when revenue exceeds expenditures and expenses is frequently referred to as profit. One cup of lemonade, for instance, cost a youngster at a lemonade stand one quarter. She then charges $2 for the beverage. She earned $1.75 profit on the cup of lemonade.
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Related Questions
How do I find a digital marketing services?
Answers
To find digital marketing services, you can follow several steps such as define your goals, research and compare, assess their services, etc.
Define your goals: Determine what you want to achieve with digital marketing, such as increasing website traffic or improving social media presence.
Research and compare: Look for reputable digital marketing agencies or freelancers online. Read reviews, testimonials, and case studies to assess their expertise and track record.
Assess their services: Check if the digital marketing service providers offer the specific services you need, such as search engine optimization (SEO), pay-per-click (PPC) advertising, social media management, content marketing, or email marketing.
Request proposals: Reach out to the selected digital marketing service providers and request detailed proposals. Ask about their strategies, timelines, pricing, and expected results.
Consider experience and expertise: Evaluate the agency's experience in your industry and their expertise in using various digital marketing channels and tools.
Communication and collaboration: Assess their communication skills and willingness to understand your business needs. Look for a provider that can collaborate effectively with your team.
Budget considerations: Compare the costs of different service providers and ensure they align with your budget and expected return on investment.
Select the right fit: After thorough evaluation, choose a digital marketing service provider that best matches your requirements, expertise, and budget.
Remember to conduct due diligence before finalizing an agreement and ensure the provider aligns with your long-term goals and values.
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Figure out if the demand for deli
sandwiches is elastic or inelastic.
Answers
Answer:
Because food is a necessity, it is generally believed that demand for food is relatively price 'inelastic', i.e. changes in price have a relatively small effect on the quantity purchased.
Explanation:
How can we measure what we gain and lose when making choices?
A. production possibilities curve
B. production possibilities frontier
C. law of diminishing marginal unity
D. marginal unity
Turn In
Answers
Answer:a
Explanation:
Markets can be characterized by the lifepan of the
assets traded. The market for assets with
a life of less than One
year is
Answers
Answer:
Money markets
Explanation:
The money market is a formal exchange market that brings together lenders and borrowers of short-term debt securities. The money market facilitates governments and corporates to sell short-term securities to meet their cash flow shortages.
Money markets enable institutional and retail investors with excess cash flow to invest in quality short-term investments. The money markets provide investors with options for investments and diversification.
A local
manufacturing firm produces four different metal products, each ofwhich must be machined, polished and assembled. The specific time
requirements (in hours) for each product are as follows:
Machining,
hours
Polishing, hours Assembling,
hours
Product I 3 1 2
Product II 2 1 1
Product III 2 2 2
Product IV 4 3 1
The firm has available to it on weekly basis, 480 hours of machining time, 400 hours
of polishing time and 400 hours of assembling time. The unit profits on the productare Birr 360, Birr 240, Birr 360 and Birr 480, respectively. The firm has a contract
with a distributor to provide 50 units of product I, and 100 units of any combination
of products II and III each week. Through other customers the firm can sell each
week as many units of products I, II and III as it can produce, but only a maximum
of 25 units of product IV. How many units of each product should the firm
manufacture each week to meet all contractual obligations and maximize its total
profit? Make a mathematical model for the given problem. Assume that any
unfinished pieces can be finished the following week.
Answers
Explanation:
Ek meter triangle is so its side a
The production of the products is given below with the profit as well:
a. Production of Product 1 = 50 units per week
b. Production of Product 2 = 0 units per week
c. Production of Product 3 = 145 units per week
d. Production of Product 4 = 10 units per week
e. Total Profit = $1250 per week
What is the meaning of Production?The process of mixing several inputs, both material and immaterial, to produce output is known as production. Ideally, this output will consist of a product or service that is useful to people and has value.
Production of something is the act of creating something out of components or raw resources. In other words, manufacturing uses inputs to create an output that is suitable for consumption—a good or product with value for a consumer or end-user.
It refers specifically to something like a production process or its result in its most basic form. Economists refer to producing businesses as "producers." These companies manufacture products that they sell to customers. For instance, a garment business makes apparel for customers.
The goal of production is to meet the demand for such converted resources. Production is the organized process of transforming resources into finished products in the form of goods and services.
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In 2005, BridgePort Brewing Company expanded sales of its BridgePort India Pale Ale, and BridgePort Black Strap Stout into Alabama, Georgia, Kansas, Minnesota, Missouri, North Carolina, Oklahoma, Tennessee and Texas. These states will join BridgePort's current distribution markets of Alaska, Arizona, California, Colorado, Idaho, Montana, New Mexico, Oregon, and Washington. When the brewery allocated resources to increase its production and distribution, it would have relied on which of the following management functions?
Answers
Answer: organizing
Explanation:
When the brewery allocated resources to increase its production and distribution, the management function that it'll have relied on is organizing.
First and foremost, we should note that the management functions usually include:
• planning,
• organizing,
• leading, and
• controlling.
The organizational skills is vital in order for the company to runs smoothly. Organizing has to do with the establishment of internal processes in order to know the workers that fits a particular position.
Also, the management makes sure that everyone are organized and that workers are working hard towards the accomplishment of company's goals.
Blossom Company borrows $69,600 on July 1 from the bank by signing a $69,600, 10%, 1-year note payable.
(A) prepare the journal entry to record the proceeds of the note.
(B) Prepare the journal entry to record accrued interest at December 31, assuming adjusting entries are made only at the end of the year.
Answers
To record the proceeds of the note, the following journal entry is made:
Date | Account | Debit | Credit
July 1 | Cash | $69,600 |
| Notes Payable | | $69,600
What is the journal entry to record the proceeds of the note?The company received $69,600 in cash, which is recorded as a debit to the Cash account. The company incurred a liability by borrowing the money, which is recorded as a credit to the Notes Payable account.
To record accrued interest at December 31, the following journal entry is made:
Date | Account | Debit | Credit
December 31 | Interest Expense | $6,960 |
| Interest Payable | | $6,960
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1. The oversupply of hospitals and in-patient beds in the U.S. produced by the Hill-Burton legislation is the result of: A. The advent of managed care B. Change in the focus of medical education C. Technological advances D. Clinical guidelines E. A and C
Answers
Answer:
Correct Answer:
E. A and C
Explanation:
Hill-Burton legislation was due to the determined efforts of these two Senators, Hill an Burton. A goal of the unique program was to issue loans or grants to support the construction of modern medical facilities in every American county, with a standard of 4.5 hospital beds for each 1,000 people.
Which of the following is true if you find a better rate on an external 3rd party channel within 24 hours of making a reservation through one of Marriott's direct channels?
Answers
If you find a better rate on an external 3rd party channel within 24 hours of making a reservation through one of Marriott's direct channels, the Marriott’s Best Rate Guarantee policy comes into effect.
Marriott’s Best Rate Guarantee policy is a commitment to providing the lowest rate possible. If you find a lower rate within 24 hours of booking through one of Marriott’s direct channels, Marriott will match that rate and offer an additional discount of 25%.
This policy applies to any Marriott brand including Ritz-Carlton, St. Regis, Westin, Sheraton, Aloft, and othersYou need to first book your reservation through Marriott’s direct channels like Marriott.com, the Marriott Mobile app, Marriott Bonvoy app, the Marriott Reservation Center, or directly with the hotel.
After that, you should look for lower rates on other third-party websites. If you find a lower rate within 24 hours, contact Marriott’s Customer Care team, and they will match that rate plus an additional discount of 25%.The policy does come with some terms and conditions.
The lower rate you find on the third-party website must be for the same hotel, same room type, same dates, same number of guests, same currency, and with the same booking conditions. It also excludes rates that are only available to members of certain groups or organizations, package rates that include flights, car rentals, and other amenities, and rates that are not available to the general public
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1. problems and applications q1 you would expect a bond of the u.s. government to pay interest rate as compared to a bond of an eastern european government. you would expect a bond that repays the principal in year 2040 and a bond that repays the principal in year 2020 to pay different interest rates because of differences in the bonds' . you would expect a bond from a software company you run in your garage and a bond from coca-cola to pay different interest rates because of differences in the bonds' . you would expect a bond issued by the federal government to pay interest rate as compared to a bond issued by new york state.
Answers
The Coca-Cola Company is a global American beverage company that was established in 1892 and is best known for being the maker of Coca-Cola. The Coca-Cola Company also produces, sells, and markets alcoholic
beverages as well as other non-alcoholic beverage concentrates and syrups. The stock of the corporation is traded on the NYSE and is represented in the DJIA, S&P 500, and S&P 100 indexes. John Stith Pemberton, a pharmacist, created the soda in 1886. When it was first made, the product combined caffeine from kola nuts and cocaine from coca leaves to create a stimulant. Coca-Cola was advertised as a "healthy tonic" thanks to the coca and kola that gave rise to the brand name. Pemberton had sustained serious injuries during the American Civil War.
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Two examples of factors of production
Answers
Answer:
land, labor, entrepreneurship, and capital
Explanation:
Liam lives in a hostel where they have pizza every Tuesday night. To make it seem like a special occasion, the tables are covered with dark red tablecloths. Unfortunately, Liam vomited one Tuesday night after eating pizza. Now, whenever he sees a dark red tablecloth, he feels sick. What is the conditioned stimulus?
Answers
Here are the options:
a. Vomiting
b. Dark red tablecloth
c. Feeling sick
d. Pizza
Answer:
b. Dark red tablecloth
Explanation:
The conditioned stimulus is a previously neutral object (dark red tablecloth), which after becoming associated with the unconditioned stimulus (the pizza), then triggers a conditioned response (feels sick).
Liam's eventual association with the dark red tablecloth became on that special occasion when they ate pizza, which unfortunately made him feels sick.
Complete the growth estimate for the years 2022 to 2025 as follows:
A.) In cell c16, create a formula that adds 1 to the growth rate (cell c14) and multiples the results by the estimated profit from 2021 (cell c15)
Answers
To complete the above excel task, you can do the following:
Select cell C16.Enter the following formula in cell C16: =(1+C14)*C15.Press Enter to calculate the result.What is a growth estimate?A business's growth value is the present value of the predicted future cash flows generated by the organization.
The most important element in valuation, particularly for high-growth companies, is the growth rate used to anticipate future sales and earnings.
The formula above will add 1 to the growth rate (column C14) and multiply the result by the expected profit from 2021 ( cell C15) to give you an estimate of future growth.
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ok but seriously don't click on the site in the comments...unless you want to
Answers
Answer:
Thanks?
Explanation:
Money Withdrawn from bank for office use ,which account are affected In a three column cash book
Answers
Withdrew Cash from Bank for Office Use: It is also contra entry and recorded on both sides of cash book. It reduces the bank account and increases the cash on hand. It is recorded on payment side (bank column) and receipt side (cash column) of cash book
explain Milton Friedman’s arguments against stakeholder theory
Answers
Friedman's main argument against stakeholder theory was that businesses have a sole responsibility to their shareholders, who have invested their money in the company with the expectation of earning a return on their investment. According to Friedman, businesses that try to satisfy the demands of various stakeholders, such as employees, customers, and suppliers, at the expense of shareholder returns are engaging in "socialist" behavior that undermines the efficient operation of the market economy.
Friedman also argued that businesses should not take on social or political causes because they lack the expertise and democratic legitimacy to do so. In his view, social and political issues are best addressed by government institutions and civil society organizations, not by businesses.
Furthermore, Friedman believed that businesses that engage in activities that benefit society, such as philanthropy or environmental initiatives, are effectively taxing their shareholders to support social causes that they may not agree with. He argued that it is not the role of businesses to make such decisions, but rather the role of individual shareholders and society as a whole.
Overall, Friedman's arguments against stakeholder theory were grounded in his belief that the sole responsibility of businesses is to maximize profits for their shareholders, and that businesses should not engage in activities that are outside of their core competencies or that may negatively impact shareholder returns.
An advance in technology commonly refers to the ability to produce
O the same output with a smaller quantity of resources.
more output with a fixed quantity of resources.
more output with a greater quantity of resources.
O both a and b
Oboth b and c
Answers
An advance in technology commonly refers to the ability to produce both a and b. [ OPTION 3]
What is the use of technology in Producing?With the use of technology, the resources get increased, and the production capacity also increases.When Technology gets upgraded one can produce more efficiently and effectively which results in production which also rises. Also with the advancement in technology the PPC curve shifts to rightwards which means the growth of resources.Similarly, When there is a decrease or degradation in technology PPC curve shifts to leftwards. Growth or increase in the resources is directly related to rightwards shift in PPC curve.Thus, when an advance in technology commonly refers to the ability to produce will be more output with a greater quantity of resources i.e., both a and b. [ OPTION 3]
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In a survey of a group of people, it was found that 60 0f them have
business, 45 have government jobs, 125 have farming, 27 have business
only, 15 have government job only, 10 have business and government
job only, 5 have government job and farming only.
i) How many people have all the profession?
ii) How many people were there in a survey?
Answers
Answer:
i) 15 ii) 177
Explanation:
Number of people with business = 60
Number of people with farming = 125
Number of people with government jobs = 45
Number of people with business only = 27
Number of people with government jobs only = 15
10 have business and government job only, 5 have government job and farming only.
i) Let x represent the number of people with all three jobs. Hence:
Number of people with government jobs = number of people with all three jobs + number of people with government and farming job + number of people with government and business + number of people with government job only
45 = x + 10 + 5 + 15
45 = x + 30
x = 15
15 people have all three profession.
ii)
Number of people with business jobs = number of people with all three jobs + number of people with business and farming job + number of people with government and business + number of people with business job only
60 = 15 + number of people with business and farming job + 10 + 27
number of people with business and farming job = 60 - 52 = 8
Number of people with farming jobs = number of people with all three jobs + number of people with business and farming job + number of people with government and farming + number of people with farming job only
125 = 15 + 8 + 5 + number of people with farming job only
number of people with farming job only = 125 - 28 = 97
Number of people surveyed = number of people with all three jobs + number of people with business and farming job + number of people with government and farming + number of people with farming job only + number of people with government and business + number of people with business job only + number of people with government job only
Number of people surveyed = 15 + 8 + 5 + 97 + 10 + 27 + 15
Number of people surveyed = 177
a. Describe the processes for developing and monitoring a business plan for a small business. b. Describe how you might establish systems to ensure the legal rights and responsibilities of the business are identified and the business is adequately protected, specifically in relation to work health and safety (WHS), business registration and environmental requirements. c. Explain how to communicate a business plan for a small business that clearly addresses priorities, responsibilities, timelines and budgets. d. Describe how you might evaluate the customer base and target market for a small business as a basis for the marketing objectives and strategies
Answers
Analyzing a business plan's strengths and flaws and tracking its long-term success are key components of establishing and monitoring a business plan for a small business.
A business plan is what?A business plan is defined as a document that outlines a company's goals and objectives as well as the methods through which they can be achieved.
Researching the business's objectives and goals, market trends, and rivals' performance are all part of creating and maintaining a business plan for a small company. On the other side, a business strategy can be followed up on by creating tracking systems that will show how well the objectives have been met. This means that setting quantifiable targets is crucial for evaluating the success of a business plan.
It may be inferred that the procedure for creating and monitoring a business plan for a small business is to assess a plan's advantages and disadvantages and keep track of how it performs over time.
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a. Describe the processes for developing and monitoring a business plan for a small business.
During the closing process, income statement accounts are closed and end the period with a zero balance.
t or f
Answers
The statement that during the closing process, income statement accounts are closed and end the period with a zero balance is TRUE.
How is the income statement account closed?When the period is being closed to start the next period, the income statement account is closed and all the revenue and expense accounts are send to the income summary account.
This leaves the income statement account with a zero balance. The income statement account is not the only account that this happens to as there are other temporary accounts such as expenses that are closed off as well.
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The income statement for Thomas Manufacturing Company for a period is as follows:
Sales (10,000 units)
Variable expenses
Contribution margin
Fixed expenses
£
120.000
72,000
48.000
36.000
Operating income
12,000
If sales increase by £60,000, what will happen to profit?
Answers
Answer:
mankie
Explanation:
uuuuuuuuuuuu
Individuals differ in their willingness to pay for air travel, and airlines would like to charge different prices to different individuals based on their willingness to pay. Airlines typically attempt to divide passengers into two types: leisure travelers and business travelers. Suppose that an airline is charging $400 per ticket for all passengers on flights between New York and Washington D.C. The accompanying tables provide information on quantity demanded for air travel for leisure travelers and business travelers.
Price
(per ticket) Quantity‑leisure travelers
(tickets per flight)
$400 100
$500 50
Price
(per ticket) Quantity‑business travelers
(tickets per flight)
$400 100
$500 90
a. What is the absolute value of price elasticity for leisure travelers if the airline increases the price to $500? Round your answer to the nearest whole number.
b.What is the change in total revenue for leisure travelers when the price increases to $500?
c. What is the absolute value of price elasticity for business travelers if the airline increases the price to $500? Round your answer to the hundredths place.
d. What is the change in total revenue for business travelers when the price increases to $500?
e. To maximize total revenue, the airline should charge
$400 to leisure travelers and $500 to business travelers.
$500 to both groups.
$400 to both groups.
$500 to leisure travelers and $400 to business travelers.
Answers
The price elasticity for leisure travelers, change in total revenue for leisure travelers, price elasticity for business travelers, change in total revenue for business travelers, and the price to be charged for the maximization of the total revenue are, 2, $5000, 0.4, $9000, and $400 to the leisure travelers and $500 to the business travelers respectively.
a. To find the price elasticity for leisure travelers the formula is,
percentage change in the the quantity demanded/percentage change in the price, according to this formula \(0.5/0.25=2\).
b. To calculate change in the total revenue, the formula is (new price\(-\)old price)* quantity demanded, According to this formula (\($500-400\))\(*50=5000\).
c. To find the price elasticity for business travelers same formula will be used, the price elasticity is \(0.1/0.25=0.4\)
d. The change in total revenue when price for business traveler reaches to $500, (new price\(-\)initial price)\(*\)quantity demanded at new price, \((500-400)*90=9000\)
e. To maximize the revenue from leisure travelers the airline should charge a lesser price that is $400, where as to maximize the profit from the business travelers the airline should charge a higher price that is $500.
Hence, The price elasticity for leisure travelers, change in total revenue for leisure travelers, price elasticity for business travelers, change in total revenue for business travelers, and the price to be charged for the maximization of the total revenue are, 2, $5000, 0.4, $9000, and $400 to the leisure travelers and $500 to the business travelers respectively.
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QUESTION 4: PROGRESS REPORT On the 20th of April 2023, The campus manager, Mr Manoto, requested the secretary in the SRC office, to compile a report on the progress of the revival day planning. In your report tasks that are completed are invitations for special guests and booking of live performers; the task committee is still busy with finalizing the design of the banners and T-shirt and sports bottle printing. Due to overspending on budget, you still have not booked catering and security for the day. Your report must be in memo format.
Answers
A sample memo based on the given question prompt is given below:
The MemoMemorandum
To: Mr. Manoto, Campus Manager
From: SRC Office Secretary
Date: April 20th, 2023
Subject: Progress update for Revival Day planning
Esteemed Mr. Manoto,
Please find below a status report detailing advancements made in the preparations of the upcoming Revival Day ceremony. We have accomplished issuing invitations to prominent guests and securing prominent musical acts. Our committees are putting the finishing touches to banner design, T-shirt outfits, as well as customizing sport water bottles.
Conversely, budgetary concerns impede us from booking security or catering caterers essential for event operations. However, we are investigating ways to cut expenses while still delivering quality service. We will be prompt with updates about progress made through these alternative strategies.
Thank you for your kind ownership in this venture; rest assured that our team is steadfastly dedicated to ensuring an excellent Revival Day rally session.
Yours faithfully,
[Your name]
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Which of the outcomes in are most appealing to you? Are you more attracted to extrinsic outcomes or intrinsic outcomes?
Answers
Extrinsic outcomes are external rewards such as money, status, or recognition that come from achieving a goal. These outcomes are appealing to some individuals because they provide tangible benefits and can be easily measured by others.
On the other hand, intrinsic outcomes are internal rewards such as personal satisfaction, a sense of accomplishment, or personal growth that come from achieving a goal. These outcomes are appealing to some individuals because they provide a deeper sense of fulfillment and can be more meaningful in the long-term.
Ultimately, whether someone is more attracted to extrinsic or intrinsic outcomes depends on their personal values and goals. Some people may prioritize external rewards and seek to maximize their income or social status, while others may prioritize personal growth and seek to achieve goals that align with their passions and values.
It is important to strike a balance between both types of outcomes and to find a sense of purpose and satisfaction in the goals that we pursue.
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What are the advantages and disadvantages for companies of product endorsements?
Answers
Answer:
The celebrity may get into trouble and the brand would reflect that bad image, and both the celebrity and the company would get popularity and money
Explanation:
id k you can get more in depth if you understand it that much
Product endorsements in business can bring advantages such as increased brand visibility and expanded customer base, while also having drawbacks like high costs and potential negative publicity.
In the realm of business, product endorsements can offer several advantages and disadvantages for companies. Let's start with the advantages.
One major benefit is the increased brand visibility and exposure that endorsements provide. When a reputable individual endorses a product, it can build trust and credibility among consumers.
Endorsements can also lead to an expanded customer base, as the influencer's followers may be more inclined to try the endorsed product. Additionally, endorsements can help companies stand out from competitors and create a positive association with their brand.
However, there are some disadvantages to consider. First, endorsements can be costly, especially if the celebrity or influencer demands a high fee. Moreover, there is the risk of negative publicity if the endorser gets involved in scandals or controversies. Finally, if the endorsed product does not align with the values or interests of the endorser's audience, the endorsement may not have the desired impact.
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Please help me with this question....
Answers
Answer:
C. I Believe
Explanation:
An externality is an (1 point) a intended consequence for a third-party b unintended consequence for a third-party c intended consequence for a second-party d unintended consequence for a second-party
Answers
Answer:
unintended consequence for a third-party
Explanation:
Externality is an unintended consequence for a third-party not involved in production or consumption activity
types of externality
A good has positive externality if the benefits to third parties not involved in production is greater than the cost. an example of an activity that generates positive externality is research and development. Due to the high cost of R & D, they are usually under-produced. Government can encourage the production of activities that generate positive externality by granting subsidies.
A good has negative externality if the costs to third parties not involved in production is greater than the benefits. an example of an activity that generates negative externality is pollution. Pollution can be generated at little or no cost, so they are usually overproduced. Government can discourage the production of activities that generate negative externality by taxation. Taxation increases the cost of production and therefore discourages overproduction. Tax levied on externality is known as Pigouvian tax.
Government can regulate the amount of externality produced by placing an upper limit on the amount of negative externality permissible
What are the answers to the management quiz 13,14,15, and 16
Answers
Answer:
The question is not quiet clear? Would you explain a bit more please?
Leslie was born on September 12, 2002. When will Leslie be able to purchase alcohol?
Answers
Leslie was born on September 12, 2002. When will Leslie be able to purchase alcohol? In most countries around the world, the legal drinking age is 18 years old or above. In the United States of America, it is 21 years old.
Leslie, born in 2002, is currently 19 years old. This implies that Leslie can purchase alcohol if she resides in a country where the legal drinking age is 18 years or above.
A few countries, such as Italy, allow 16-year-olds to drink beer or wine with a meal if they are accompanied by an adult.
However, these laws vary from one country to another, and the safest bet is to look up the drinking laws in your specific country or region to learn more about legal drinking ages.
Alcohol is harmful when consumed in excessive quantities, causing mental and physical problems.
Thus, it is critical to consume alcohol responsibly, regardless of the legal drinking age in one's region. If Leslie chooses to drink alcohol, she should only do so in moderation and not become addicted to it.
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the basics of color theory assume what central tenets?
Answers
Answer:
Color has important psychological and visual effects on the audience.!
Explanation:
give brainly please:)
Answer:I hope this helps you out
Explanation:
The basics of color theory assume three central tenets: hue, saturation, and brightness. Hue is the aspect of color that we identify as red, blue, green, yellow, etc. Saturation refers to the intensity or purity of a color, and brightness refers to how light or dark a color appears.