A binding price floor is a minimum price that can be charged for a good or service. It is said to be binding if it is set above the equilibrium price. It will lead to an increase in price and a decrease in the quantity of goods and services exchanged.
A binding price floor will create a deadweight loss because it causes resources to be used inefficiently.
What is deadweight loss?Deadweight loss is the loss of economic efficiency that can occur when the equilibrium for a good or service is not achieved. It is the decrease in the overall social welfare caused by the binding price floor. Binding price floors cause a deadweight loss because they lead to a situation where the quantity supplied is greater than the quantity demanded.
Therefore, it creates a surplus of the good or service that the market cannot clear, and it creates an inefficient allocation of resources. The surplus occurs because the price is set above the equilibrium price, which makes it difficult for consumers to buy the good or service. As a result, producers will have a difficult time selling the goods or services, which will cause them to cut back on production.
This, in turn, will cause a decrease in employment, wages, and profits. Hence, binding price floors cause deadweight loss because they create inefficiencies in the market.
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Design a two-stage cascade system, analyzed your design, and then minimize the refrigeration power requirements. (1) The design problem is open-ended problem. The objective is to carry out a preliminary thermal design & analysis as indicated. A detailed schematic diagram is expected. These problems have no specific answers, so each student's design and analysis are unique. (2) You can do any necessary assumptions, explanation of what you are doing are important but be brief. (3) Engineering lettering is a must.
The design a two-stage cascade system and provide a preliminary thermal analysis. Please note that since this is an open-ended problem, there can be multiple valid design approaches. Here's a step-by-step guide to designing the system:
Step 1: Assumptions
Before proceeding with the design, let's establish some assumptions:
The cascade system will use two separate refrigerants for the high-stage and low-stage cycles.The refrigerants will be selected based on their temperature ranges and specific properties to optimize performance.The system will operate at steady-state conditions.The design will focus on minimizing refrigeration power requirements.Step 2: Preliminary Analysis
Perform a preliminary analysis to determine the temperature ranges required for the cascade system. Consider the desired cooling load and the temperatures at which cooling is needed. This will help determine the temperature difference between the high-stage and low-stage cycles.Step 3: Refrigerant Selection
Select suitable refrigerants for the high-stage and low-stage cycles. Consider refrigerants with compatible temperature ranges and favorable properties, such as low boiling points, high heat transfer coefficients, and environmental considerations.
Step 4: System Schematic
Design a schematic diagram to illustrate the two-stage cascade system. Use engineering lettering for labeling the components. The following components are typically included.
Step 5: Thermodynamic Analysis
Conduct a thermodynamic analysis to determine the operating conditions of each component in the cascade system. Start by assuming an arbitrary set of operating conditions and iterate until convergence is achieved. Consider factors such as heat transfer rates, pressure drops, and energy balances.
Step 6: Optimization
To minimize refrigeration power requirements, you can consider the following optimization strategies:Optimize heat exchanger designs for improved heat transfer.Adjust the operating conditions and pressures to maximize system efficiency.Evaluate alternative refrigerants with higher performance characteristics.Incorporate energy-saving features such as variable-speed compressors or economizers.Step 7: Final Analysis
Perform a final analysis of the optimized cascade system to ensure it meets the cooling requirements while minimizing refrigeration power requirements. Calculate key performance metrics such as coefficient of performance (COP) or energy efficiency ratio (EER) to validate the system's performance.
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To support rice producers, the government imposesa price floor of $50 per ton. a. what quantity will be traded in the market? why?
The specific quantity that will be traded in the market will depend on the exact quantity demanded and supplied at the price floor of $50 per ton.
To determine the quantity that will be traded in the market with a price floor of $50 per ton for rice, we need to consider the relationship between supply and demand. Since the price floor is set above the equilibrium price, the quantity demanded will be lower than the quantity supplied. This creates a surplus in the market, as producers are willing to sell more rice at $50 per ton than buyers are willing to purchase.
To determine the exact quantity that will be traded in the market, we need to compare the quantity demanded and the quantity supplied at the price floor: - If the quantity demanded is greater than the quantity supplied at $50 per ton, there will be a shortage in the market, and not all producers will be able to sell their rice. - If the quantity supplied is greater than the quantity demanded at $50 per ton, there will be a surplus in the market, and some producers may not be able to sell all of their rice.
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Jacob was assigned recently to a large team working on a major software release that was taking longer than expected. Jacob and the other latecomers into the project spent a month partnered with a senior programmer who went over the project in detail with them and got them up to speed. Unfortunately, this training put the project even farther behind schedule. After a few months of working on the project with many other programmers, Jacob's work output becomes noticeably lower than it was before when he was working independently. The loss of work time on the project because of the training is known as
Answer:
Brook's law
Explanation:
Brook's law postulates that adding manpower late to a software project increases the time of project completion rather than shorten it. This law was postulated by Fred Brooks in The Mythical Man-Month.
Adding new personnel to a project takes the attention of other personnel from the project to training new personnel. This would increase the time for project completion. This is referred to as the ramp up time
As more manpower is added to the project, communication overhead increases. this increases the time for project completion as more time would be spent on communication rather than on carrying out the project
_______ will help you maintain good credit.
Paying your Bills on Time will help you to maintain good credit.
Why do one need to Pay Bills on Time?The act if paying one's credit card bills and other forms of loans on time is very vital.
Mostly because late or missed payments could lead to a dip in one's credit score. If one is not totally concerned about missing a due date, it is better to have a form of automatic bill payment that can help one to stay on top of one's account payments.
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Answer: lowering your balances
Question 2 of 10
Which of the following questions can a balance sheet help to answer?
O A. Does the business have too many customers?
B. Does the business have too many employees?
O C. Has too much credit been extended?
OD. Is the business making the right products
balance sheet help to answer if the company has too much credit extended. (option C) is the right
balance sheet tell us about the assets and liabilities of the company at a point of time.
we can not know about the following just by seeing the balance sheet of the company.
Does the business have too many customers?
Does the business have too many employees?
Is the business making the right products
but the credit given by the company will be shown under the liability heading so that by seeing the balance sheet we can know whether too much credit is extended by the company?
hence, Has too much credit been extended? can be answered through the balance sheet of the company
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true or false The Net Present Value rule implies that we should compare a projectʹs net present value (NPV) to zero.
The given statement: The Net Present Value rule implies that we should compare a project's net present value (NPV) to zero is FALSE.
The NPV rule is a widely used capital budgeting technique that takes into account the time value of money, by discounting the expected cash flows of a project back to their present value using a discount rate.
The net present value of a project is then calculated by subtracting the initial investment from the sum of the discounted cash flows.
If the NPV is positive, then the project is expected to generate a return greater than the cost of capital and is considered financially viable. If the NPV is negative, then the project is not expected to generate a return greater than the cost of capital and is generally rejected.
Therefore, the NPV rule compares a project's net present value to the required rate of return or cost of capital, rather than zero.
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Unrelated business income (UBI): a.includes unrelated income from an activity where all the work is performed by volunteers. b.is not created if the activity results in a loss. c.is 100% taxable on the exempt organization's tax return. d.excludes income from the research of a college or hospital.
Answer:
dmdmdmdmsmqmmfdmmam
Explanation:
memmmcl
A corporation formed to maintain a charitable operation is called a A) closely held corporation. O) public corporation. B) nonprofit corporation D) Subchapter S corporation.
A corporation formed to maintain a charitable operation is called a nonprofit corporation. The correct option is B) nonprofit corporation.
A nonprofit corporation is an entity formed for purposes other than generating a profit. This type of corporation is organized and operated for charitable, educational, religious, scientific, or literary purposes. A nonprofit corporation is exempt from federal and state income taxes, but it must comply with specific rules and regulations set by the Internal Revenue Service (IRS) to maintain its tax-exempt status.
Nonprofit corporations have a board of directors who govern the organization and make decisions about its operations. They must file annual reports with the state and submit to periodic audits to ensure that the organization is fulfilling its charitable purpose. Donations made to a nonprofit corporation are tax-deductible, which provides an incentive for individuals and businesses to support charitable organizations.
Overall, a nonprofit corporation is a valuable tool for individuals and groups seeking to make a positive impact on their community or the world at large. By maintaining a charitable operation, a nonprofit corporation can provide essential services, support important causes, and make a difference in people's lives. The correct option is B) nonprofit corporation.
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capital tends to flow from high-growth to low-growth economies. true false b. government budget deficits can lead to greater capital outflows. true false c. the loanable funds model helps us understand net capital flows. true false d. differences in interest rates are the only reason for two-way capital flows. true false e. capital flows can occur because people are looking to spread their exposure to risk. true false f. capital flows can occur as part of a company business strategy. true false g. a country facing net capital inflows will run an equivalent current account surplus. true false h. capital flows tend to cause a divergence of interest rates across countries.
It is FALSE to claim that capital "tends to move from high-growth to low-growth economies."
What is capital?Liquid assets are regularly mentioned by capitalists. In other words, it's cash that you actually have in your possession and may spend on either immediate or long-term goals. In the field of finance, "economic capital" refers to the amount of risk capital that a business requires to cover the risks it is assuming or accumulating as a going concern, such as market risk, credit risk, legal risk, and operational risk.This definition focuses on financial services companies.The phrase "unexpected loss at the confidence level" is occasionally used to describe it.From high-growth to low-growth economies, capital rarely moves.As a result, it is FALSE to say that "money tends to move from high-growth to low-growth economies."
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Correct question:
Capital tends to flow from high-growth to low-growth economies.
true / false
1. Which of the following BEST defines a down payment?
1. A down payment is a portion of the purchase price that increases the loan amount.
2. The down payment is the good faith escrow deposit.
3. A down payment is a portion of the purchase price that reduces the loan amount.
4. The down payment is the total amount borrowed for purchasing or leasing a car.
Answer:
3
Explanation:
It has to be this one because it is intial payment to help someone.
A down payment is usually what percentage of the asking price of a home? a. 5 percent b. 20 percent c. 50 percent d. 75 percent
The most common down payment for a home is 20 percent of the asking price. So the answer is b) 20 percent.
A down payment is the initial payment made by the buyer when purchasing an expensive item, typically a house or a car, and is usually expressed as a percentage of the total purchase price. The down payment amount can vary depending on the lender's requirements and the type of loan being used.
Generally, a down payment of 20% of the purchase price is considered standard for a home purchase, although some lenders may accept a lower down payment amount. A larger down payment can result in a lower interest rate, lower monthly payments, and less overall interest paid over the life of the loan.
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Suppose that the shopping center developer charges a rent equal to each store’s gross profit, leaving the store with a net profit of exactly zero. Total rent from the shopping center is then equal to the total gross profit of all its stores. The developer’s profit is thus equal to total gross profit of all stores in the center minus the cost of providing space to the stores (that is, total rent minus the cost of providing space). Finally, suppose that due to high-quality construction and the need to provide common space around the stores, the construction cost for shopping center space is high. In particular, suppose that the cost per period per square foot of store floor space is $10.
A) Give an intuitive explanation for the pattern of incremental profits from the presence of other stores in the second table above
B) Suppose the developer were to construct a single-store shopping center (a contradiction in terms, perhaps). There are four types of such centers (a Department Store alone, a Toy Store alone, etc.). Using the information above, compute the developer’s profit from each of these four types of centers
C) Next compute the developer’s profit from the various types of two-store shopping centers (i.e., Department Store plus Shoe Store, Department Store plus Toy Store, etc.; how many possibilities are there?)
D) Finally, compute profits from the various types of three-store centers and from the single type of four-store center
E) Comparing your answers from (b), (c), and (d), identify the optimal shopping center (the one yielding the highest profit to the developer). Explain intuitively why this particular collection of stores is optimal.
A) The incremental profits pattern shows that as the number of stores in the shopping center increases, the profit from each store also increases.
This is because the presence of more stores attracts more customers, increasing the foot traffic, and thus boosting the sales of all stores.
B) For a single-store shopping center, the developer's profit would be zero, as the rent charged would be equal to the store's gross profit, leaving no net profit.
C) There are six types of two-store shopping centers. For each of them, the developer's profit would be equal to the total gross profit of both stores minus the cost of providing space.
D) There are four types of three-store shopping centers and one type of four-store center. For each of them, the developer's profit would be calculated similarly to (c).
E) The optimal shopping center is the Department Store, Toy Store, and Shoe Store three-store center, which yields the highest profit. This is because these stores complement each other, attracting a diverse range of customers, and thus increasing the foot traffic and sales of all stores.
The Department Store provides a broad range of products, while the Toy and Shoe Stores offer specialized products, catering to different customer needs.
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In 2019, Japan had a debt/GDP ratio of 256.22%. For the same year, Germany had a debt/GDP ratio of 68.93%. From this data, which is not true?Group of answer choicesA. We can’t reach any conclusions about the government budget result of either Germany or Japan for the year of 2019.B. Japan's accumulated debt is greater than their GDPC. In 2019, both Japan and Germany had a budget deficit, but Japan’s deficit was greater than Germany’s.D. Germany's accumulated debt is less than their GDP
Your answer: A. We can’t reach any conclusions about the government budget result of either Germany or Japan for the year of 2019.
Conclusions are the final deductions or inferences drawn from evidence, reasoning, or analysis. They represent the end result or outcome of a thought process, investigation, or evaluation. Conclusions provide closure to a discussion or argument by summarizing key findings and reaching a final judgment or decision. They should be logical, supported by evidence, and aligned with the information presented. Conclusions serve to wrap up an argument, convey the main message, and leave a lasting impression on the reader or listener. They can also provide recommendations, suggest further areas of research, or indicate the implications of the findings. Well-crafted conclusions enhance the overall clarity and impact of a communication or study.
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An exception to disbursements being made by check is acceptable when cash is paid:
A. to an owner
B. from petty cash
C. to employees as wages
D. to employees as loans
An exception to disbursements being made by check is acceptable when cash is paid from petty cash. Therefore, correct option is B).
What is Petty Cash?Petty cash is a small amount of cash on hand that is used for minor, incidental expenses. This is an exception to the general rule of making disbursements by check because it allows for quick and convenient payments without the need for writing checks for small amounts.
Disbursements from petty cash are generally made in cash, as the purpose of petty cash is to cover small, immediate expenses that cannot wait for a check to be issued. However, all other disbursements should be made by check for proper record keeping and control purposes. Therefore, correct option is B)
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ILL GIvE BRIANLEST PLZZZ HELP
Flowcharting clarifies what will happen in a process or
a. What needs to happen
c. What is predicted to happen at a future date
b. What is estimated to happen
d. None of these Please select the best answer from the choices provided A B C D
Answer:
What is estimated to happen
Explanation:
Flowcharts are created to gather information to determine what will or what could happen.
Answer:
D
Explanation:
What is an accurate definition of experience?
the collection of things a person has done
a natural ability a person is born with
a subject a person would like to learn more about
the factors that have influenced a person throughout life
Answer: A)the collection of things a person has done
Explanation: just answered it EDGE 2021
Answer:
A on edge
Explanation:
Who would be called upon to fix the following problem? The network at the U.S. embassy in Brazil has suddenly crashed.
Diplomatic Security Special Agent
information Management Specialist
Foreign Service Officer
economic Officer
An information management specialist would be the one to fix an issue with a network.
which manages the daily operation of a livestock farm?
A farm manager manages the daily operations of a livestock farm. This person is responsible for overseeing all aspects of the farm, including animal care, feeding, and breeding, as well as ensuring the overall efficiency and productivity of the farm.
Their responsibilities may include:
Animal Care: Ensuring the health and well-being of the livestock by monitoring their nutrition, providing appropriate medical care, managing breeding programs, and implementing animal welfare practices.Feeding and Nutrition: Developing and implementing feeding programs for different stages of livestock growth, ensuring proper nutrition, and managing feed inventory and supplies.Herd/Flock Management: Monitoring herd or flock health, managing breeding and reproduction, overseeing vaccinations and disease prevention measures, and managing livestock records.Facilities and Equipment: Maintaining and managing farm facilities, such as barns, fences, and milking parlors, and ensuring proper functionality of equipment and machinery used in livestock operations.The specific responsibilities of a livestock farm manager may vary depending on the size of the farm, the type of livestock being raised, and the overall farm goals and objectives. However, their role is crucial in ensuring the smooth and efficient daily operation of the livestock farm.
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The following income relates to a proprietorship registered as a BMBE: Gross income from sales P400,000 Dividend income - domestic corporation 9,000 Interest on bank deposits 6,800 Compute the total exclusion from gross income.A. 415,800
B. 400,000
C. 15,800
D. Zero
The correct answer is C. 15,800. Under the BMBE law, registered businesses are entitled to certain tax incentives including an income tax exemption for their first Php 150,000 annual income.
In this case, the gross income from sales is Php 400,000, but the first Php 150,000 is exempted, leaving a taxable income of Php 250,000.
Dividend income from the domestic corporation and interest on bank deposits are not covered by the BMBE income tax exemption, so the total exclusion from gross income would only be the Php 150,000 exemption for the gross income from sales.
Therefore, the total exclusion from gross income would be Php 150,000, and the taxable income would be Php 250,000.
Adding the dividend income of Php 9,000 and interest on bank deposits of Php 6,800 to the taxable income of Php 250,000 would give a total gross income of Php 265,800. However, only Php 150,000 is exempted, leaving a taxable income of Php 115,800.
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Define primary industry .
Gregory is aiming to get the _ symbol for his products, which is awarded by the _
Answer: environmental friendly refrigerators prestigious , engineering agency
Explanation: Separated by Commas .
Why does this occur?
This has to be asked in context.
How does American style differ from Japanese style? Japanese style is identified as casually elegant, often using very luxurious fabrics while American style is noted for being chic, sophisticated, and smart. Japanese style is identified as casually elegant, often using very luxurious fabrics while American style is noted for being chic, sophisticated, and smart. American style is identified as casual, athletic, and clean-cut while Japanese style is noted for having complicated cutting and structure. American style is identified as casual, athletic, and clean-cut while Japanese style is noted for having complicated cutting and structure. American style is identified as casually elegant, often using very luxurious fabrics while Japanese style is noted for being chic, sophisticated, and smart. American style is identified as casually elegant, often using very luxurious fabrics while Japanese style is noted for being chic, sophisticated, and smart. Japanese style is identified as casual, athletic, and clean-cut while American style is noted for having complicated cutting and structure.
Answer:
American style is identified as casual, and ethic and clean cut while japanese style is considered poorly and has been noted for having complicated cutting and structure
Explantion:
got it right on Edge 2022
What is something that quantitative research won't tell you?
A. A company's annual earnings
B. A company's stock performance over the past five years
C. How happy a company's employees are
D. When a company went public
The findings that quantitative research won't tell you is "When a company went public."
This is because quantitative research measures the situation in value using numbers analysis
Usually, quantitative research analyzes numerical data to conclude.
Options A, B, and C can be measured on numerical scales, in which the conclusion can be reached.
However, option D is just a date; it cannot be analyzed with quantitative research analysis.
Hence, in this case, it is concluded that the correct answer is option D. "When a company went public."
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Answer:
c
Explanation:
took the test
North Side, Inc. has no debt outstanding and a total market value of $175,000. Earnings before interest and taxes, EBIT, are projected to be $16,000 if economic conditions are normal. If there is strong expansion in the economy, then EBIT will be 30 percent higher. If there is a recession, then EBIT will be 70 percent lower. The company is considering a $70,000 debt issue with an interest rate of 7 percent. The proceeds will be used to repurchase shares of stock. There are currently 2,500 shares outstanding and the tax rate is 34 percent. What will be the percentage change in EPS if the economy has a strong expansion?
When fire alarm sounds. Why should you evacuate children immediately even if you do not see flames?
Answer: because even if there is no fire there could be an explosion, fire and gasoline WILL make an explosion. So Basically it can start with fire but soon turn into an explosion. If it's a fire DRILL then it's for practice if that actually does happen.
If the income elasticity of money demand is less than 1, then
a. income can never increase faster than money supply
b. an increase in income will be reflected in a proportionately smaller increase in money demand
c. the velocity of money must decrease as the level of income increases
d. an increase in income will be reflected in a proportionately larger increase in money demand
e. changes in the interest rate will never affect money demand
The correct answer is b. an increase in income will be reflected in a proportionately smaller increase in money demand.
The income elasticity of money demand measures the responsiveness of the demand for money to changes in income. When the income elasticity of money demand is less than 1, it indicates that money demand is income inelastic. This means that the demand for money does not increase proportionately as income increases. In other words, when income rises, the increase in money demand is smaller relative to the increase in income. Individuals and households do not feel the need to hold a higher proportion of their income in the form of money. They may allocate a smaller portion of their increased income to money balances, choosing to spend or invest the additional income instead. This concept is consistent with the idea that as income rises, people tend to allocate a larger share of their income to other assets or consumption goods rather than holding more money. Therefore, the increase in money demand is proportionately smaller compared to the increase in income.
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List of the least five behaviors you feel would be behavior you feel would be considered irresponsible in the workplace. For each behavior listed, provide a detailed example/scenario to detail what makes the behavior either responsible or irresponsible.
Answer: See Explanation
Explanation:
Some of the behaviors that would be considered irresponsible in the workplace include:
1. Lateness: Every company has its working hours and it is required for the employees to adhere to the working hours and always get to work on time. Lateness is a bad habit in the workplace. For a company to achieve its goals, it's required for its workers to come to their workplace early and perform their duty well.
2. Cyberslackers: This occurs when the employees use the internet that is meant for work related activities to surf the net and browse sites that doesn't relate to their work. For example, a case whereby an employee is checking his or her social media at the workplace.
3. Lying to other employees: It is a bad behavior for an employee to lie or say something that's not true about a person in order to gain an advantage or for other person reasons Lying brings about lack of trust and disunity in the workplace.
4. Having a bad character: In an organization, it is vital for the employees to possess good characters such as being kind, caring, helpful etc. Possessing a bad character will have a negative effect on the company.
5. Theft: Employee theft is also an irresponsible behavior in the workplace. Stealing has a negative effect on the revenue of the company as it reduces the revenue such company makes. Employees should always make sure that they do not falsify information in order to gain a financial advantage or steal company's fund.
Imagine an employer was interviewing two equally qualified applicants for the same job. One of the applicants follows instructions well. The other is a critical thinker who questions the instructions to some degree. If the employer needs to find an applicant who can work effectively on his or her own, which applicant should be chosen and why? Explain your answer in three to five sentences. Givivng all points but i need it quick
Answer:
The applicant who follows instructions well is better fitted for the job. The employer needs someone who can work effectively on his or her own, so the applicant who follows instructions well is less likely to inquire about the instructions. The applicant who questions the instructions to some degree wouldn't fit the employers needs because they would need to ask questions and wouldnt work on their own very well. (I did my best and I apologize if it's too late, i just saw the question)
what is the difference between the FBI and the CIA
Answer:
The CIA (Central Intelligence Agency) mostly operates outside the United States to gather intelligence via a network of spies whereas the FBI (Federal Bureau of Investigation) predominantly operates within the U.S. to both gather intelligence as well as tackle federal crimes.
Explanation: