Bill must follow the rules and regulations of the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA).If Bill becomes a Registered Investment Adviser (RIA), he must register with the Securities and Exchange Commission (SEC) or the state securities regulator.
As a stockbroker, Bill must comply with the rules and regulations set forth by the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA). These regulatory bodies oversee the securities industry and aim to protect investors and maintain fair and efficient markets. If Bill decides to become a Registered Investment Adviser (RIA) and offer investment management advice for a fee, he would need to register with the Securities and Exchange Commission (SEC) or the state securities regulator, depending on the size of his practice and the assets under his management. These agencies regulate and supervise investment advisers to ensure compliance with relevant laws and regulations.
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To buy a product, customers in a market must first
To buy a product, customers must first have the need for the product.
Customers cannot just simply buy anything or everything when it comes to products. People love shopping but money is a very useful and powerful resource and customers understand it well, so they don't want to spend it on useless things.
Firstly, there should be a need or a desire to buy a particular product. After that the customer decides his or her budget or the money he would like to spend on that product. If it crosses his or her budget, then the customer may not able to buy the product.
Lastly, there should be willingness to buy the product. Nowadays, we get impressed by big brands, malls and stores giving us immense discounts for even our daily needs. That is how knowingly or unknowingly, we tend to shop more.
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The term careeris usually applied to a:• A. position that allows for professional growth and advancem
• B. workweek that consists of 15 to 25 hours.
• C. series of jobs with little relevance to one another.
O D. job that pays hourly wages.
The term career is usually applied to a position that allows for professional growth and advancement. Option A
This implies that a career is not just a job, but rather a long-term commitment to a certain field or industry. A career is characterized by continuous learning, development of skills and expertise, and the pursuit of opportunities for promotion and increased responsibility.
A career is different from a job that pays hourly wages, which is often seen as a means to an end rather than a long-term commitment. A job that pays hourly wages is typically associated with low-skilled work and little opportunity for advancement. On the other hand, a career is often associated with higher-skilled work and greater potential for advancement.
In summary, a career is a long-term commitment to a certain field or industry, characterized by continuous learning, development of skills and expertise, and the pursuit of opportunities for growth and advancement. It is different from a job that pays hourly wages, which is often seen as a means to an end rather than a long-term commitment.
Ultimately, the goal of a career is to achieve personal and professional fulfillment by doing work that is meaningful, challenging, and rewarding. Option A is correct.
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How do interest groups work ?.
The interest groups work as they spend lots of money and/or put pressure on you to get things done that will benefit their group.
What is interest groups?An interest group is usually a formally organized association that aims to influence public policy. This broad definition, which is increasingly used by scholars, differs from older, narrower definitions that include only private associations with a particular formal organization, such as the Italian Confindustria (General Confederation of Industry), the American National Education Association, and the guatemala association Mutual aid, Group (human rights organization).
One problem with such a narrow definition is that many formally organized entities are not private. The main lobbying forces in any society are various administrative units: national, regional and local agencies and institutions such as the military. Another reason for choosing a broad definition is that in all societies there are many informal groups that are actually interest groups but would not be covered by a narrower definition.
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Human resources in the hospitality industry is responsible for ______
Answer:
keeping the customer healthy and safe and
Explanation:
Use the formula in this example to determine the sample size, n. The estimated prevalence is 25%, and the desired confidence level is 95% with a margin of error of 9%. (This is the same as in the example, except the margin of error has been changed. Round your answer to the nearest integer.)
The sample size, n, required to estimate a population prevalence with a desired confidence level and margin of error can be calculated using the formula:
n = (Z^2 * p * (1-p)) / E^2
where Z is the Z-score corresponding to the desired confidence level, p is the estimated prevalence, and E is the margin of error.
In this example, the estimated prevalence is 25% (or 0.25), the desired confidence level is 95%, and the margin of error is 9% (or 0.09).
First, we need to find the Z-score corresponding to the desired confidence level. For a 95% confidence level, the Z-score is approximately 1.96 (based on a standard normal distribution).
Next, we substitute the values into the formula:
n = (1.96^2 * 0.25 * (1-0.25)) / 0.09^2
Simplifying the equation gives us:
n ≈ 96.44
Rounding the result to the nearest integer, the sample size required is approximately 96.
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Zero Zone,Inc.manufactures and sells display refrigeration and freezer units to supermarkets.The manufacturer is successful because it is able to keep the promises it makes.All customers know that Zero Zone's salespeople and its products live up to all the promises made.This is an illustration of which factor necessary for mutual trust to develop?
A) Dependability
B) Sales orientation
C) Likability
D) Spontaneity
E) Profitability
We are an organization that strongly supports the 2nd amendment and we prepare responsible american gun owners to avoid danger, save lives, and keep their loved ones safe. How does our mission resonate with you?.
As an organization that strongly supports the 2nd amendment by preparing "responsible american gun owners to avoid danger, save lives, and keep their loved ones safe", the mission of this entity resonates because the society had recent problems with wrong handle of guns, instead of for protection.
What does the 2nd amendment provides?The Second Amendment to the U.S. Constitution states: "A well regulated Militia, being necessary to the security of a free State, the right of the people to keep and bear Arms, shall not be infringed".
Its aims at protecting an individual right to possess a firearm unconnected with service in a militia and to use such arm for lawful purposes such as self-defense within the home.
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jack and jill were married for 12 years and resided in a common law state before jack had a fatal accident. they were happily married for the first eight years before a devastating disagreement that led them to live separate lives even though they remained married. since jack was mad at jill at the time he created his estate plan, he left jill a lump sum of $50,000 of his $9,000,000 estate and named his two children as the beneficiaries of the remainder of his estate. since jill's estate was valued at only $1,000,000, she was very disappointed at her minimal inheritance. she took the $50,000 when it was distributed to her by the personal representative, and then later informed the personal representative, in writing, that she is electing to use her state's spousal elective share statute. the personal representative correctly informed jill that she was not eligible to elect the spousal elective share statute. which one of the following statements identifies why jill is not allowed to make the election?
Jill is not allowed to make the election because they resided in a common law state where their marriage may not be legally recognized, and because Jack had already made provisions for her in his estate plan by leaving her a lump sum of $50,000.
Jill is not allowed to make the election to use her state's spousal elective share statute because they resided in a common law state. In common law states, spouses have certain rights and protections, including the ability to elect a share of their deceased spouse's estate.
However, common law states do not recognize common law marriages, which means that Jill and Jack's marriage may not be legally recognized in the state where they resided.
Additionally, the fact that Jack left Jill a lump sum of $50,000 from his $9,000,000 estate indicates that he had already made provisions for her in his estate plan. Even though Jill may be disappointed with her minimal inheritance compared to the value of Jack's estate, the personal representative correctly informed her that she is not eligible to elect the spousal elective share statute.
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Jill is not allowed to make the election to use her state's spousal elective share statute because common law marriages are not recognized in her state. In order to be eligible for the spousal elective share, a valid legal marriage must exist at the time of the spouse's death. Since Jill and Jack were only in a common law marriage, Jill does not meet the legal requirements to make the election.
1. Jill and Jack were in a common law marriage.
2. Common law marriages are not recognized in Jill's state.
3. To be eligible for the spousal elective share, a valid legal marriage must exist at the time of the spouse's death.
4. Since Jill and Jack were not legally married, Jill cannot make the election to use the spousal elective share statute.
Jill is not allowed to use her state's spousal elective share statute because common law marriages are not recognized. The statute only applies to valid legal marriages at the time of the spouse's death. Since Jill and Jack were in a common law marriage, she does not meet the eligibility requirements.
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Why is it important for a person to invest and save
ABC stock is currently selling for $120. The exercise price of the call option is $125. Using a one-period binomial model, calculate the price of the call option assuming an interest rate of 3% per year. Assume further that over the next year, the stock price will either increase by 10% or decrease by 10%. What is the price of the call option? Show detailed work
The probability weighted average of the interest rate future values at the end of each of the three periods is used to determine this, and the future values are then discounted back to the present using the interest rate.
The tree is built using the current stock price and a simulation of the up and down movements over the course of the three periods using the provided probability and percentage changes.
Each end node's option value is determined before being processed back up the tree to the starting node. The starting node's computation serves as the end option value.
The stock's annual payout range is $27 - $17 = $10.
If the stock price is $27 when the option expires, its value will be =$27-$22 =$5.
If the stock price is $17, the option will also have no value.
The stock option has a payment range of $5 and $0;0 = $5.
To determine the amount of stock shares, balance the range:
$5/10 = 0.5 Option range/Stock range
The stock option payoff for 0.5 shares will be either $13.5 or $8.5. The payout for the portfolio and options will be $13.5- $5, which equals $8.5, or $8.5 $0; 0 = $8.5.
PV = $8.5/ (1+) is the present value of $8.5 at the daily compounding risk-free rate.
Complete question:
ABC stock is currently selling for $120. The exercise price of the call option is $125. Using a one-period binomial model, calculate the price of the call option assuming an interest rate of 3% per year. Assume further that over the next year, the stock price will either increase by 10% or decrease by 10%. What is the price of the call option? Show detailed work?
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If a company receives cash from a customer before performing services for the customer, then:.
Answer:
assets increase and liabilities increase. ... individual accounting record of increases and decreases in specific asset, liability, and stockholders' equity items.
Which of the following are the three choices in the build-borrow-or-buy framework?
a. internal development
b. acquisition of new resources
c. strategic alliances
All the options are correct choices in the build-borrow-or-buy framework
A build-borrow-or-buy framework is a decision-making tool used to help organizations determine the most appropriate way to acquire the resources needed to achieve their goals. Organizations must consider factors such as cost, time, expertise, and strategic fit. The three options considered in this framework are:
Build: This involves internally developing the resources required in-house. This may involve hiring new staff, training existing staff, or investing in new technologies or equipment.
Borrow: This involves acquiring the resources needed through strategic alliances or partnerships. Here there is a collaboration with other organizations, outsourcing of certain tasks, or licensing technology.
Buy: This involves acquiring the resources needed through acquisition or purchase. This may involve buying an existing company or product or purchasing technology or expertise from a third party.
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William wrote a check for $150.00 for his gas bill, but he only has 96.26 in his checking account. What will happen to the check when it is presented for payment
Answer:
The person will ask William to check his checking account and then William would have to lower the check amount he had previously wrote.
Explanation:
If you write a check or make a purchase for more than you have in your checking account, your bank may cover the difference. This line of credit offered by the bank is called overdraft protection. ... Furthermore, if your account remains overdrawn, your bank may also charge you daily interest on the loan.
Your client has expressed concern at you not meeting their digital marketing goals. They expected their sales to grow by 15% and you only achieved a growth of 10%. They’re starting to question whether inbound is the right way to go for their business and you’re unsure whether they will renew or cancel. How should you grade this client’s health?
Answer:
Red – the client is most likely going to cancel. Prepare your cancellation call with the marketing manager, notify HubSpot, and pass their contact details on to your HubSpot account manager.
Orange – there’s potential for the client to renew or cancel. Even though you’ve seen an improvement in performance, you need to come up with a plan to improve results even more.
Green – you’re confident the client will definitely upgrade or renew. While the client has expressed some concerns, you’ve still improved their performance.
None of the above – you don’t have enough information at this point to grade the client’s health.
Explanation:
A company estimates that its weighted average cost of capital (WACC) is 10 percent. Which of the following independent projects should the company accept?
A. Project B has a mondified internl rate of return of 9.5%.
B. Project A requires an up-front expenditure of $1,000,000 and generates a net present value (NPV) of $3,200.
C. Project D has an internal rate of return of 9.5%.
D. Project C requires an up-front expenditure of $1,000,000 and generates a positive internal rate of return of 9.7%.
a) Project A has a net present value of $3,200 and requires an initial investment of $1,000,000 to be made.
Why is WACC important? What is it?A key financial concept known as the weighted average cost of capital (WACC) is frequently used in the financial industry to assess whether a return on investment may outpace or be equal to the cost of capital invested (equity + debt) of an asset, project, or company. WACC, which can be calculated on a marketplace or book value basis, is an internal evaluation of a firm's cost of capital. Measures of "return" including return on investment, return on employed capital, returns on assets, and equity returns are frequently used as performance measures in incentive compensation schemes. By examining whether the return performance target of an incentive plan is legitimate and acceptable, the WACC model can be employed by members on the club's compensation committee.
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Credit is when the lender doesn’t require you to put down a security deposit or collateral.
a. True
b. False
The correct option is B,False. When the lender doesn’t require you to put down a security deposit or collateral.
Credit is a type of loan that allows a borrower to admit finances from a lender with the expectance that the borrower will pay back the loan over time with interest. While it's true that some types of credit similar as relaxed loans or credit cards don't bear collateral or a security deposit numerous other types of credit similar as secured loans do bear collateral in order to ease the threat to the lender.
credit refers to the borrowing of money or other finances, and the terms of the loan, including whether or not collateral is needed, will depend on the specific agreement between the borrower and lender.
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the magnitude of operating leverage for perkins corporation is 4.5 when sales are $100,000. if sales increase to $110,000, profits would be expected to increase by what percent? a. 4.5% b.14.5% c.45% d.10%
It would be anticipated that the profit would rise by 45%. The appropriate response to the given question is option (c).
What is Operating Leverage?The percentage of a company's cost structure that is made up of fixed expenses as opposed to variable costs is measured by operating leverage. A corporation is said to have more operating leverage if its fixed expenses are higher than its variable costs.
Magnitude of operating leverage= 4.5
Old sales= $100000
New sales= $110000
Percentage increase in sales:
(New-old)/old = (110,000-100,000)/100,000
= 10%
Consequently, a percentage rise in profit might be anticipated:
sales percentage growth times the degree of operational leverage
= 10% * 4.5
= 45%
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which step of the three-step process should take the most time?
The step of the three-step process that should take the most time is Step 2: Planning.
The three-step process typically refers to the stages involved in project management: Step 1: Planning, Step 2: Execution, and Step 3: Monitoring and Controlling. While the exact time allocated to each step may vary depending on the project's complexity and requirements, Step 2, which is the execution phase, is usually expected to take the most time. During the execution phase, the project plan is put into action, tasks are performed, resources are utilized, and deliverables are produced. This step involves the bulk of the work required to complete the project's objectives. It often includes activities such as coordination, implementation, communication, and quality control. While all three steps are crucial, Step 2 typically demands the most time and effort to ensure that the project is executed effectively and efficiently, adhering to the predetermined plan.
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when a retailer sells merchandise on account, the entry for the sales price would be:
When a retailer sells merchandise on account, the en-try for the sales price would be: debiting acc-ounts receiv-able and credit-ing sales revenue.
Merchandise refers to any ty-pe of goods, including pers-onal or commercial products, as we-ll as commodities that are sold to mem-bers of the public (retail) or other businesses (whole-sale).
What is Sales Revenue?Sales revenue is the in-come received by a comp-any from its sales of go-ods or the pro-vision of services. In account-ing, the terms “sales” and “revenue” can be, and of-ten are, used inter-changeably to mean the same thing. It is import-ant to note that revenue does not nece-ssarily mean cash recei-ved.
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In a perfectly competitive market, if the market price is $4, how many units will they sell if they charge $4?How many will they sell if they charge over $4? Will they make more profit if they lower their price? Why or why not?
Answer:
In a perfectly competitive market, if the market price for a single unit is $4, then the number of units sold would be 32.
Explanation:
A perfectly competitive market is defined as a market where there are no monopolies - something extremely rare in the real world. However, it is a good example to explain the rules and workings of supply and demand in the market. There are multiple sellers and purchasers in a perfectly competitive market. Sellers earn just enough profit to keep their place in the market. Any more and they would lose their foothold in the marketplace to another company.
If the sellers are capable of producing more, then they can sell more, thus increasing their output. In any case, the economic output would be zero because the price is tangent to the low point on the average total cost curve. The seller has no control over market price because the price is set at equilibrium.
We have this project in my business class, we have to come up with a store/business. I choose a candy store but I can’t think of any fine names. Can someone help me come with a name please?
Answer:
Candy Crush
Explanation:
Its catchy
Answer:
The Sweete Shoppe
The Lolly Pop
50 Shades of Candy
Explanation:
Scenario: The owner of Bond's Gym wants your advice. He asks you if you think positive incentives would work better than negative incentives.
He is considering these options:
Raising or lowering prices
Applying discounts or fees
Offering exclusive memberships
is this statement true or false?a down payment is paid before you begin monthly payments.responsestruetruefalse
A down payment is paid before you begin monthly payments. This statement is true.
A down payment (also known as a deposit in British English) is an initial up-front partial payment made when purchasing expensive items or services such as a car or a house.
It is usually paid in cash or in the form of an equivalent at the time the transaction is completed. The remainder of the payment is then financed with a loan of some kind.
A down payment serves two purposes: it ensures that the lending institution has enough capital to create money for a loan in fractional reserve banking systems, and it recovers some of the loan balance if the borrower defaults. The asset is used as collateral in real estate to secure the loan against default.
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barry's bbq had sales revenue for the year of $200 million and net income of $75 million. total assets were $60 million at the beginning of the year, and $70 million at the end of the year. calculate barry's return on assets, profit margin, and asset turnover ratios. (do not round intermediate calculations. round your answers to 1 decimal place.)
Barry's return on assets (ROA) and net sales is approximately 1.2, profit margin is 37.5%, and asset turnover ratio is 3.1.
To ascertain Barry's profit from resources (ROA), we want to separate the overall gain by the normal complete resources.
Net gain = $75 million
Normal absolute resources = (Starting complete resources + Finishing all out resources)/2
= ($60 million + $70 million)/2
= $65 million
ROA = Overall gain/Normal complete resources
= $75 million/$65 million
≈ 1.1538
Barry's profit from resources is roughly 1.2.
To work out the net revenue, we partition the overall gain by the deals income.
Net revenue = Net gain/Deals income
= $75 million/$200 million
= 0.375
Barry's net revenue is 0.375 or 37.5%.
Finally, to compute the resource turnover proportion, we partition the deals income by the normal all out resources.
Resource turnover proportion = Deals income/Normal complete resources
= $200 million/$65 million
≈ 3.0769
Barry's resource turnover proportion is roughly 3.1.
These proportions give bits of knowledge into Barry's productivity in creating benefits comparative with its resources, benefit, and capacity to produce deals in light of its resource base.
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Which factor might pose the greatest risk to a person applying for a credit card for the first time?
A. A short grace period
B. A low introductory credit limit for the first six months
C. A low introductory rate that will increase over time
D. A lack of fees
Of the following options, the factor that might pose the greatest risk to a person applying for a credit card for the first time is option (C): A low introductory rate that will increase over time. A credit card is a type of loan that allows you to borrow money when you make a purchase.
You must repay the amount you borrowed at a later date, as well as any interest charges incurred. Credit cards are offered by a variety of lenders, including banks, credit unions, and department stores.Credit card interest rates. The interest rate on a credit card is the amount you must pay to borrow money.
The credit card issuer usually sets the interest rate. Interest is calculated based on the amount of money you owe and is typically expressed as an annual percentage rate (APR).
APRs can be fixed or variableFixed APR: A fixed APR is one that remains constant over time.Variable APR: A variable APR can fluctuate over time. The rate you are charged is determined by adding a set amount (known as the "margin") to an index (such as the prime rate) that changes over time.
Credit card issuers may also offer introductory or promotional APRs, which are lower than the regular APR for a set period. Once the promotional period ends, the interest rate will rise to the regular APR. A low introductory rate is an initial, temporary interest rate that is charged on a credit card balance.
The promotional period is usually between 6 and 18 months, but it can last up to 24 months. The low introductory rate is usually much lower than the regular APR. After the promotional period ends, the interest rate on the outstanding balance reverts to the regular APR.
A low introductory rate can seem appealing, but it is important to read the terms and conditions to understand what happens when the promotional period ends. If the rate increases significantly, you may end up paying more in interest charges than you would have if you had selected a card with a higher regular APR from the start.
This factor is the reason why option (C): A low introductory rate that will increase over time might pose the greatest risk to a person applying for a credit card for the first time.
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Foud gallons of gaoline cost $16.80Using the rate, create an equation to represent the number of gallons,G, the cost in D dollars
Gallons per dollar will fluctuate at a rate of change of 0.236, meaning that the cost of gallons per dollar will increase.
What do you mean by rate of change?
The rate of change is the gap between one quantity and one unit of another. The pace with which something changes as time passes is referred to as its "rate of change" (ROC). As a result, it is the speed of changes rather than their overall amount that matters (i.e., the rate). A tool used in business to understand price returns and identify trend momentum is rate of change.
Consider the speed of 3 metres per second.
According to what has been stated,
Gasoline for four gallons costs $16.80.
$16.80 for 4 gallons.
Add 16.80 to both sides.
$16.80/16.80 for 4/16.80 gallons
1 dollar = 0.236 gallons.
So, The required answer will be 0.236 gallons/dollar.
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If you knew nothing about your data except that it is a scale variable, which measure of central tendency would be the "safest bet"?
Answer:
Median
Explanation:
The scale variable refers to a variable in which it could be measured and contains a numerical value
In case when you dont know about the data except for scale variable so the safest bet for measuring the central tendancy should be median as it derives the mid-value of the given set of numbers
So here the median should be considered
Frank is an employee of guitar makers, llc. guitar's employee manual states that workers, such as frank, will be dismissed only for good cause. with respect to the employment-at-will doctrine, this is
Answer: An exception based on contract theory.
Explanation:
Contract theory is an agreement reached by two parties over a set of deal to be entered, these negotiation met guides what the agreement is all about, violators of the agreement would attract extra bodies(Law makers) to come into their decision. At Ilc, if the guitar producers only release their workers based on good cause, it's seen as a contract theory, based on what both parties agreed.
8.1 - the united mutual and accident insurance company has a large pool of clerical employees who process insurance application forms on networked computers. when the company hires a new clerical employee, it takes that person about 48 minutes to process a form. the learning curve for this job is 88%, but no additional learning will take place after about the 100th form is processed. united mutual has recently acquired a smaller competitor that will add 800 new forms per week to its clerical pool. if an employee works six hours per day (excluding breaks, meals, and so on) per five-day week, how many employees would be hired to absorb the extra workload?
United Mutual would need to hire 14 employees to absorb the extra workload.
To determine how many employees would be hired to absorb the extra workload, we need to consider the learning curve and the time it takes to process forms.
In order to calculate the number of employees needed to absorb the extra workload, follow these steps:1: Calculate the time it takes to process the 100th form using the learning curve.
The learning curve is 88%, so the time it takes to process the 100th form would be 48 minutes * 0.88^((100-1)/100) = 48 * 0.88^0.99 ≈ 30.49 minutes.
2: Determine the average time it takes to process a form after 100 forms.
Since no additional learning will take place after the 100th form, we can assume that the average time per form after 100 forms will remain 30.49 minutes.
3: Calculate the total weekly time spent processing forms.
United Mutual will have an additional 800 forms per week to process. Using the average time of 30.49 minutes per form, we can calculate the total time required as 800 * 30.49 = 24392 minutes per week.
4: Convert the total weekly time into hours.
24392 minutes ÷ 60 = 406.53 hours per week.
5: Determine the number of available work hours per employee per week.
An employee works 6 hours per day, 5 days a week, so they work a total of 6 * 5 = 30 hours per week.
6: Calculate the number of employees needed to absorb the extra workload.
To determine the number of employees needed, divide the total weekly time required (in hours) by the number of available work hours per employee per week:
406.53 ÷ 30 ≈ 13.55 employees.
Since a fraction of an employee is not possible, we'll round up to the nearest whole number. Therefore, United Mutual would need to hire 14 employees to absorb the extra workload.
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A new per unit subsidy for hybrid car production increases the supply of hybrid cars. If hybrid cars are elastically demanded, what will happen to total revenues from hybrid car production?
Answer:
A) They will rise.
Explanation:
In case when the demand for hybrid cars are in elastic so here the total revenue should be rises as due to the subsidy, the price would decline and the supply rises this results there is a rise in demand that shows elastic so the demand rise at high percentage as compared to decline percentage with respect to the level of price
Due to this, the revenue would increase
Hence, the correct option is A.