dustin co. makes three products, a, b and c. they have a constrained resource - machine hours. there are only 16,913 machine hours available a month. the three products have the following data: abc selling price per unit6.0016.0011.00 variable cost per unit2.004.006.00 machine hours required245 demand for product in units 1,1834,0611,006 how much of product b should be produced?
4096 units of B should be produced.To have the biggest contribution margin, Product B should be produced initially at the highest demand.
The need for a specific product and who wants to buy it are described by market demand. How willing buyers are to pay a specific price for a specific commodity or service will determine this. Price rises as market demand does as well.
Price will decrease along with a decline in demand. The term "product demand" (also known as "market demand") refers to how much consumers desire a company's goods throughout a specific time frame. The amount of people looking for the product, their willingness to pay, and the quantity that is accessible for consumers to buy it are some of the variables that affect demand.
Market demand fluctuations happen throughout time as a result of regular trends like seasons or unanticipated external sources .
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assume the market reaches the competitive market equilibrium, what will be the price and quantity produced and sold?
Competitive equilibrium is a circumstance in which profit-maximizing producers and utility-maximizing customers in aggressive markets with freely decided expenditures arrive at an equilibrium price.
At this equilibrium price, the quantity furnished is equal to the quantity demanded.
What happens when a market reaches its equilibrium price?A market is stated to have reached equilibrium price when the grant of goods fits demand. A market in equilibrium demonstrates three characteristics: the conduct of agents is consistent, there are no incentives for dealers to alternate behavior, and a dynamic process governs equilibrium outcomes.
Prices and quantities in aggressive equilibrium trade in response to grant and demand shocks. Price-taking behaviour ensures that all positive factors from trade in the market are exhausted at a aggressive equilibrium.
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https://brainly.com/question/13372875#SPJ4jodi owns a downtown office building. jodi originally purchased the building for $900,000 and took straight-line depreciation deductions of $400,000. what are the tax consequences if jodi sells the building for $2,100,000?
Price of the building = $900,0000
Depreciation charged = $400,000
Capital value on the date of sale = $500,000
Selling price = $2,100,000
Total profit =$1,600,000
This profit i.e., profit from the sale of commercial property is termed as Capital Gains and hence is attracts Capital Gains Tax at a flat rate of 20% irrespective of quantum, which in this case will be $1,600,000*20% = $320,000.
Immovable property such as land, building, apartment, individual house, etc. is termed as Capital asset for the purpose of income tax computation. Thus, the amount received from sale of property is treated as Capital Gains.
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Many consumers associate Mercedes automobiles with status, luxury, quality engineering, and high price. This is an example of Mercedes' _____.
a) Brand equity
b) Brand image
c) Brand leverage
d) Brand position
e) Brand identity
Many consumers associate Mercedes automobiles with status, luxury, quality engineering and high price. This is an example of Mercedes' brand image. The correct answer would be option B.
The way a customer perceives a brand is known as its brand image. It is the culmination of a customer's perceptions, thoughts and impressions of the brand. Building a company's brand identity takes up the majority of their attention, resources and time. They choose the brand's visual identity, the customer experience it should provide, the positioning of the brand in consumers' minds as well as other connotations. When all of these factors are considered, a brand personality is created, which when the customer interacts with the business or learns about it, creates a brand image.
The following are the benefits of having a good brand image:
More earnings as more people get familiar with the brandNew items under the same brand are simple to introduceIncreases the trust of current clients and aids in keeping themImproved customer-business relationshipsTo know about brand equity see:
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in companies that do not use a self-imposed budgeting process, profit targets are generally set by blank . multiple choice question. lower-level managers the board of directors employees top managers
Top managers typically set profit targets in organizations without a self-imposed budgeting mechanism.
What is Self-imposed budgeting:
a budgeting technique where managers create their own budgets. The manager's superior then reviews these budgets; any disagreements are then settled amicably.
A budget is a comprehensive quantitative plan for gathering and using funds and other resources over a predetermined period of time.Budgeting is the process of creating a plan of action.Budgetary control refers to using budgets to manage an organization's operations.Budget projections made by line managers are frequently more accurate than projections made by top managers. When people help define their own goals rather than having them imposed on them, motivation is typically higher. Resentment may develop if a budget is imposed by upper levels of management with minimal support from personnel and managers at lower levels. This may occur, in example, when a management receives criticism or punishment for a budget issue that they were not involved in creating.
A self-imposed restriction is a boundary that the individual sets for themselves as a kind of self-defense. These kinds of restrictions are merely what we decide to consider the limit rather than actual breaking points. When faced with a crisis, people frequently learn that they are far stronger and more resilient than they had thought.
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item 20 bennett company has a potential new project that is expected to generate annual revenues of $264,800, with variable costs of $145,200, and fixed costs of $62,200. to finance the new project, the company will need to issue new debt that will have an annual interest expense of $26,000. the annual depreciation is $25,800 and the tax rate is 21 percent. what is the annual operating cash flow?
The Annual operating cash flow is $50,764.
Given in the Question,
Revenue = $264,800
Variable Cost = $145,200
Fixed Cost = $62,200
Depreciation Expenses = $25,800
The computation of the operating cash flow is shown below;
As we know that
Annual Operating Cash Flow is
= EBIT × (1 - Tax Rate) + Depreciation Expenses
Here,
Firstly, we will find Earnings Before Interest & Tax [EBIT]
Earnings Before Interest & Tax [EBIT] = Revenues - Variable Cost - Fixed Costs - Depreciation Expenses
= $264,800 - $145,200 - $62,200 - $25,800
= $31,600
Now,
Annual Operating Cash Flow = EBIT × (1 - Tax Rate) + Depreciation Expenses
= $31,600 × (1 - 0.21) + $25,800
= [$31,600 × 0.79] + $22,000
= $24,964 + 25,800
= $50,764.
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true or false: the firm's senior executives need to understand the financial implications of the it initiative so they can decide whether to allocate resources to it. true false question. true false
Senior executives of a company must be aware of the financial effects of their projects before deciding whether to dedicate resources to them. This assertion is true.
The future wealth of people should be anticipated to rise. Managing the company's finances is part of finance. The financial manager is responsible for determining how much money is needed and when, how to spend the cash most effectively, and how to secure the necessary finance. Financial planning, investment, and financing are the duties of the financial manager.
Senior executives are often in charge of overseeing certain divisions or departments within their organization and making sure that they are in line with corporate growth strategy. They could also be in charge of directing the work of department heads who supervise smaller teams of workers.
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a general fund receives an invoice from the electric utility fund (an enterprise fund) for electricity provided by the electric utility fund. when it receives the invoice, what account should be debited in the general fund
When it receives the invoice, Expenditures—utility services account should be debited in the General Fund.
An invoice is a document that shows the general fund and cost of goods or services provided by a business. It is typically used by businesses account to request payment from customers. An invoice may be created using software, such as Microsoft Excel, or it may be handwritten.
The customer is typically expected to pay the invoice within a certain period of time, typically 30 days.
Hence, the correct option is (c)
The question is incomplete, the complete question is:
A General Fund receives an invoice from the Electric Utility Fund (an Enterprise Fund) for electricity provided by the Utility Fund. When it receives the invoice, what account should be debited in the General Fund?
a. Due from Electric Utility Fund
b. Transfer in from Electric Utility Fund
c. Expenditures—utility services
d. Due to Electric Utility Fund
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cindy and ashley recently opened a local candy store. they considered the entire market of candy eaters as their market. which targeting strategy did they use in choosing a target market for their store?
Undifferentiated approach is the strategy utilize a targeting approach when deciding on a target market for their store.
What is undifferentiated approach:
If segmentation does not produce any substantial or considerably distinct groups, a company may choose to use mass marketing, sometimes referred to as undifferentiated marketing. Here, it is best to concentrate on similarities rather than differences.
Future Learn explains that homogeneous marketing views all consumers as homogeneous groups. Mass marketing is another name for undifferentiated marketing. Undifferentiated marketing aims to target all potential customers with a single marketing approach rather than creating various marketing methods or even products for various groups within society.
A corporation may choose an undifferentiated strategy versus a more specialized, segmented differentiated strategy for a number of various reasons. It can be difficult to discern separate client segments at times, making it simpler to use bigger strokes of paint. When recognized segments are changing, an undifferentiated approach might also be appropriate.
Putting together numerous advertising campaigns to target many various demographics on a personalised level requires money, work, research, and time. However, a homogeneous approach's broad scope results in one campaign that works for everybody, which could result in significant cost savings.
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is creating a vision for the organization and guiding, training, coaching, and motivating others to work effectively to achieve the organization's goals and objectives. multiple choice question.
By setting a vision for the organisation, a leader can inspire and motivate others to work toward shared goals and objectives. Controlling entails determining if the organization's objectives are met by what really happens.
Creating a vision for the organisation and directing, educating, mentoring, and inspiring others to work productively to meet the organization's goals and objectives on schedule is what it means to LEAD.
In a learning organisation, what is vision?
An organization's vision is what it hopes to become and accomplish in the future. The Vision is crucial since it is intertwined with all other organisational strategy components.
A company's mission statement, goals, and aspirations are all outlined in a vision statement. The majority of vision statement writers find the process to be satisfying and motivating. It gives them the ability to describe the traits that affect the strategy of the firm.
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your client, ray, wants to purchase a home listed for $200,000. the home is in a revitalization area, and ray can purchase it under the good neighbor program. how much will he have to pay for the home?
As per the rule those who qualify may purchase the home at a 50% discount, and with only $100 down, so $200,000, less 50%, plus $100 will be paid for the home.
Who are eligible for Good Neighbour Program?The "Good Neighbor Program" is a program given for the teachers, firefighters and law enforcement officers. This program gives them the opportunity to purchase homes at a lower rate in revitalization areas.
1. For the purposes of the GNND Sales Program, a person qualifies as a law enforcement officer if they satisfy the following criteria:
a. full-time employment with a state, a general municipal government, an Indian tribal authority, a federal law enforcement agency;
b. The individual is sworn to uphold and make arrests for violations of all applicable federal, state, tribal, county, township, and municipal laws while performing such full-time job.
c. The normal course of business for the full-time employment described in this section's paragraph (a) shall directly benefit the community where the residence is located.
2. Teachers
For the purposes of the GNND Sales Program, a person is considered a teacher if they meet the following criteria:
a. a full-time teaching position at a public or private school with state accreditation that offers direct services to students in grades kindergarten through 12;
b. The full-time job described in subsection (a) of this section must routinely assist pupils from the neighbourhood where the home is situated.
3. Emergency medical technicians or firefighters
For the purposes of the GNND Sales Program, a person is considered to be a firefighter/EMT if they are:
a. employed full-time by a fire department or emergency medical services responder unit of the federal government, a state, a general local government unit, or an Indian tribal government as a firefighter or emergency medical technician;
b. The locality where the residence is located must be directly served by the full-time employment described in this section's paragraph (a) in the normal course of business.
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as a result of advances in productivity, farmers can produce more at a lower cost. the effect of these changes has been to:
The effect of the changes where farmers can produce more at a lower cost is to reduce total revenue for farmers as a group.
With the growth in technology, the agricultural field has also been revolutionized with methodologies that make the production of products easier for a farmer than it was before.
Productivity on agricultural lands can now be increased and the methodologies implemented are cost-effective.
These technologies were implemented in order for farmers to make more of their crops or products at a lower cost. Hence, the total spending revenue of the farmers will be reduced.
Although a part of your question is missing, you might be referring to this question:
As a result of advances in productivity, farmers can produce more at a lower cost. The effect of these changes has been to:
-reduce total revenue for farmers as a group.
-make lives of farmers harder
- to introduce GMO plants
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on january 1, a company issued 10%, 20-year bonds with a face amount of $80 million for $73,581,280 to yield 11%. interest is paid semiannually. what was interest expense at the effective interest rate on june 30, the first interest date? (enter your answers in whole dollars. round percentage answers to 1 decimal place (e.g., 0.0234 should be entered as 2.3).)
Therefore, $3,288,743 in interest expenses at the applicable rate on June 30 will be debited from the interest expense account.
First, we must comprehend the information that is unique to the inquiry.
The bonds have a face value of $90,000,000.
Bond cost equals $82,218, 585.
Discount rate = 7%
In addition, the bond's interest must be paid every two years.
Second, based on the face value, we determine the semi-annual interest.
= Coupon rate times $90,000 times the semi-annual period
= 6/12 x 0.07 x $90,000,000
= $3,150,000
Thirdly, we determine the semi-annual interest issued at this time's market bond price.
= The outstanding balance x the effective rate (/2 because it is semi-annual).
= 8/2 x $82, 218,585
= $3, 288,743
In light of the foregoing, the interest expenditure at the applicable rate on June 30 will be $3,288,743, which will be charged to the interest cost account. The difference between this rate and the calculated face amount (138,743) will be credited to the discount on bonds payable.
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what is your advice to amad? should he take the 179 on the it equipment or the office furniture, and explain why?
The company should select furniture for Sec 179 and IT equipment for MACRS due to accelerated depreciation because of 5 years MACRS on IT equipment rather than 7 years on Furniture.
Instead of capitalizing and depreciating the asset over time, business owners can immediately deduct their expenses for the purchase of depreciable business equipment under Section 179 of the U.S. Internal Revenue Code. If the piece of equipment is bought outright or financed, and the entire purchase price qualifies, the section 179 deduction may be taken.
The business can immediately reduce its tax obligation by deducting the cost of the equipment, as opposed to capitalizing and depreciating the asset, which allows for smaller deductions to be taken over a longer period of time. Small business owners are encouraged to expand their operations through the acquisition of new equipment by the Section 179 expensing method.
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Complete question:
Amad has opened a new business and purchased some new IT equipment (five-year property) for $240,000 and office furniture (seven-year property) for $380,000 on April 9, 2020. He would like to elect the Section 179 expensing in the amount of $500,000 and use MACRS for the balance. He does not want to take the bonus depreciation. He expects his income from the business to be $540,000 (before deducting for the Section 179 expense). He is not sure which asset should be fully expensed.
suppose the federal government reduces taxes on the profits earned from investment in physical capital--machines and factories. according to our model, this policy will result in
Suppose the federal government reduces taxes on the profits earned from investment in physical capital--machines and factories. according to our model, this policy will result in an increase in real GDP and an ambiguous effect on prices.
Investment is the fidelity of plutocrats to buy of an asset to attain an increase in value over a period of time. Investment requires the immolation of some present asset, similar as time, plutocrat, or trouble. In finance, the purpose of investing is to induce a return from the invested asset. Your investing personality determines the type of investor you're and how you should make your investments. Your investing personality is principally your fiscal threat profile that takes into account colorful factors like age, fiscal history, circumstances, and your investment pretensions.
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according to random walk theory, what are the (approximate) odds that a stock will increase in price today after having increased on two consecutive days of trading?
According to random walk theory, the (approximate) odds of a stock increasing in price today after increasing on two consecutive days of trading are 50%.
A random walk is a random process in mathematics that specifies a path consisting of a series of random steps on a mathematical space. The random walk on the integer number line mathbb, which starts at 0 and travels +1 or 1 with equal chance at each step, is an elementary example of a random walk. Other examples include a molecule's route through a liquid or gas, a foraging animal's search path, the price of a fluctuating stock, and a gambler's financial condition.
Random walks have applications in engineering and numerous scientific domains, including ecology, psychology, computer science, biology, economics, and sociology. Karl Pearson coined the term "random stroll."
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an unscrupulous creditor might sell the right to collect the same debt to two different persons by assigning it to each of them. which one of the two innocent assignees is entitled to payment and why? (2 marks)
An assignable contract is a derivative contract that contains a clause allowing the holder to transfer the obligations and rights of the contract to another party or individual before the contract expires.
In the real estate market, there are also assignable contracts that permit the transfer of property.
An assignable contract is one that contains a clause allowing the contract's holder to assign, transfer, or otherwise dispose of the contract's obligations and rights to another party or individual before the contract's expiration date. The underlying asset would be available for delivery, and the assignee would be eligible to take advantage of all contract benefits prior to their expiration. However, any responsibilities or demands imposed by the contract must also be met by the assignee.Some options and futures contracts may have assignability. Additionally, real estate contracts that are assignable permit the transfer of property.Learn more about Contracts, here
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consider the capm. the expected return on the market is 16%. the expected return on a stock with a beta of 1.2 is 18%. what is the risk-free rate? consider the capm. the expected return on the market is 16%. the expected return on a stock with a beta of 1.2 is 18%. what is the risk-free rate? 8% 12% 6% 2%
The risk-free rate for the CAPM will be 8%. when the expected return on the market is 16%.
What is a risk-free rate?The risk-free interest rate is the rate of return an investment provides without risk. Risk-free interest is kind of a theoretical concept because all investments, no matter how small, carry some degree of risk. In practice, it is considered the interest paid on short-term government debt.All investments involve at least a small amount of risk, so risk-free returns don't really exist. To calculate the real risk-free interest rate, subtract the inflation rate from the yield on the government bond corresponding to the investment period.Risk-free return refers to the theoretical return on investment without risk.In reality, all investments involve at least a small amount of risk, so risk-free returns don't really exist.To calculate the real risk-free interest rate, subtract the inflation rate from the yield on the government bond corresponding to the investment period.to know more about risk-free rates refer to:
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rose is concerned about a stock in her portfolio because in recent periods, the dividend she has received for each share has gotten smaller while the share price has remained relatively constant. what financial metric is rose analyzing? dividend yield dividend per share payout ratio dividend cover
The financial metric is rose analyzing is the dividend yield.
Dividend stocks and dividend ETFs can offer diversification in a portfolio and they also can generate earnings for retirement. Being conscious of ways you intend to spend when you retire and what type of profits you may want can help you devise a plan for the way to live off dividends for the long term.
Over time, the coin float generated by the one dividend bill can supplement your Social protection and pension earnings. Perhaps, it is able to even offer all the cash you need to maintain your preretirement lifestyle. It's miles possible to live off dividends in case you perform a little planning.
They are paid out of the income and earnings of the corporation. Dividends can be categorized both as regular or qualified. Whereas ordinary dividends are taxable as regular earnings, qualified dividends that meet sure requirements are taxed at decreased capital gain charges.
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when workers admire a supervisor because of the way he or she deals with them, the influence is based on:
When workers admire a supervisor because of the way they deal with them the influence is based on referent power.
A leader's capacity to motivate and sway people is the root of referent power, according to the most basic definition. The degree to which people like, respect, and admire a particular leader determines their authority.
One of several varieties of power is referent power. Other types of power include legitimate power, expert power, coercive power, and reward power. John French and Bertram Raven, two social psychologists, first discussed these theories of power in 1959.
The two proposed that referent power would enable leaders to inspire and enthuse followers. This leadership power could persuade people to follow you if you have the right personality traits and interpersonal skills.
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if merchandise sells for $3,500, with terms of 3/15, n/45 and the cost of the inventory sold is $2,100, the amount charged to sales is group of answer choices
If stuff sells for $3,500 with terms of 3/15, n/45 and the cost of inventory sold is $2,100, the amount charged to sales is 1.$3,395.
Inventory or stock refers to the items and supplies that a company keeps for the purpose of resale, manufacture, or use. Inventory management is largely concerned with defining the shape and positioning of stocked products. It is required at many locations within a facility or throughout a supply network to precede the normal and scheduled flow of production and material stock. In the context of a manufacturing production system, inventory refers to all work that has occurred - raw materials, partially finished goods, final items prior to sale, and departure from the manufacturing system.
In the context of services, inventory refers to all work completed prior to sale, including partially processed information.
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what is an external communication that is paid for by the seller and promotes a product to potential customers?
The external communication that is paid for by the seller and promotes a product to potential customers is known as advertisement.
What is Advertising ?Advertising refers to the methods used to draw attention to a good or service. In order to attract consumers' attention, advertising seeks to highlight a good or service. It is often used to market a particular product or service, although there are many other applications as well, with commercial advertising being the most popular. Through "branding," which links a product name or image with particular traits in customers' minds, commercial advertising frequently aim to boost consumption of their goods or services. Direct-response advertising, on the other hand, is the term used to describe advertisements that aim to prompt a quick sale.
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wally, incorporated issues $100,000 of 5% bonds, due in 10 years, when the market rate of interest is 6%. interest is paid semiannually on june 30 and december 31. the issue price of the bonds is:
The issue price of bond is $ 92,561.
What is bond issue price ?
An IOU-like debt security called a bond. To raise funds from investors prepared to extend them a loan for a specific period of time, borrowers issue bonds.
The bonds will mature on the maturity date, at which point the financial institution will pay the creditor the bond's face value.
The price that the bond issuer initially offers the bonds is known as the issue price. Bonds are frequently issued at par.
By applying a discount rate to the predicted cash flows, one may calculate the price of a bond. The time to maturity, credit ratings, and demand and availability are the three main factors that affect the price of bonds on the open market.
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mr. and mrs. kain reported $80,000 agi on their joint return. the couple has four dependent children: beatrice, age 19; bruce, age 16; angie, age 11, and arnold, age 8. compute the kains' child tax credit.
$2,000 will be Mr. and Mrs. Kains' child tax credit. Hence, the correct choice of answer for this question would be option (b).
Explain child tax credit.Different nations offer parents with dependent children a tax advantage known as the child tax credit (CTC). The credit is frequently correlated with the number of dependent children a taxpayer has, as well as occasionally with their income. For instance, only families in the United States who earn less than $400,000 year are eligible to get the entire CTC. Similar to the United States, only families earning less than £42,000 a year are eligible for the tax credit in the United Kingdom. Taxpayers with kids under 17 are eligible for the child tax credit. The CTC has been $2,000 per eligible child since 2018. For single filers earning up to $200,000 and married couples filing jointly earning up to $400,000, it is fully accessible.
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The complete question is mentioned below :
Mr. and Mrs. Kain reported $80,000 AGI on their joint return. The couple has four dependent children: Beatrice, age 19; Bruce, age 16; Angie, age 11, and Arnold, age 8. Compute the Kains’ child credit.
a. $1,000
b. $2,000
c. $3,000
d. $4,000
macroeconomic policies that focus on credit and interest rates or controlling the money supply are called
Monetary policy is the macroeconomic policy that focus on credit and interest rates or controlling the money supply
What is Monetary policy ?In order to ensure price stability and public confidence in the value and stability of the country's currency, the monetary authority of a country adopts a policy known as monetary policy. This policy aims to control either the interest rate payable for very short-term borrowing or the money supply.By altering interest rates or eliminating surplus reserves, monetary policy can increase the amount of money in circulation or decrease it. Fiscal policy, in contrast, focuses on taxation, government spending, and borrowing as tools for a government to control economic cycle phenomena like recessions.The best monetary policy may be created with the help of monetary economics. Monetary policy and fiscal policy are typically developed independently in modern nations.It is said that monetary policy is either expansionary or contractionary.To learn more about Monetary policy refer :
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a monopolistically competitive firm will group of answer choices produce an output level that is productively and allocatively efficient. always produce at the minimum efficient scale of production. have some control over its price because its product is differentiated. charge the same price as its competitors do.
A monopolistically competitive firm will have some control over its price because its product is differentiated.
Option C is correct.
What Is Monopolistic Competition?Monopolistic competition exists when numerous companies offer contending products or services that are analogous, but not perfect, backups. The walls to entry in a monopolistic competitive assiduity are low, and the opinions of any one establishment don't directly affect its challengers.
What are characteristics of a monopolistically competitive request?Monopolistically competitive requests have the following characteristics There are numerous directors and numerous consumers in the request, and no business has total control over the request price. Consumers perceive that there are non-price differences among the challengers' products.
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You are trying to decide whether to trade in your laser printer for a more recent model. Your usage pattern will remain unchanged, but the old and new printers use different toner cartridges. Are the following items relevant or irrelevant to your decision?.
The following items were relevant and irrelevant to our decision to buy a laser printer of new model:
a) the trade-in value of the old printer is: RELEVANT
b) paper costs are: IRRELEVANT
c) the difference between the cost of toner cartridges is: RELEVANT
d) the price of the new printer is: RELEVANT
e) the price you paid for the old printer is: IRRELEVANT
A trade-in value is the money that a dealer will leave you when you buy a new product replacing it with another one. In the case above, the trade-in value will have a significant impact on our decision whether to buy the new laser or not.
As paper costs will be the same for the old and the new laser printer, hence they are irrelevant.
The cost of toner cartridges will be different for the old and the new printer. Hence, it is relevant.
The price of the new printer will be a relevant factor in making the decision of buying a new one whereas the price of the old one will be irrelevant.
Although a part of your question is not missing, you might be referring to this question:
You are trying to decide whether to trade in your laser printer for a more recent model. Your usage pattern will remain unchanged, but the old and new printers use different toner cartridges. Are the following items relevant or irrelevant to your decision?
a) the trade-in value of the old printer is
b) paper costs are
c) the difference between the cost of toner cartridges is
d) the price of the new printer is
e) the price you paid for the old printer is
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6. many subcultures make up important market segments. examples of three such important subculture groups include hispanic americans, african americans, and asian americans. describe the general shopping-related characteristics of each of these groups.
Branded, higher-quality products are more popular with Hispanic consumers than generics.
Perhaps even more significant is the fact that Hispanics are extremely brand-adherent and favor businesses that specifically target them. Compared to other demographics, African American consumers are more price-conscious; Quality and choice also strongly motivate them. African Americans appear to be more fashion-conscious and enjoy shopping more than other ethnic groups. Asian Americans are the most affluent demographic in the United States and the second-fastest-growing subculture of the population, after Hispanics.
Of all the ethnic groups, Asian Americans are the most brand-conscious and tech-savvy. Financially, older consumers are better off than younger ones. Travel, restaurants, high-tech home entertainment products, convenient services, financial services, and healthcare services would thrive in this market.
What kind of customers do Hispanics target?Include the culture of Hispanics in your marketing efforts.
You can, for instance, use a single Hispanic flag, incorporate cultural music, and incorporate imagery from Spanish-speaking nations. Your marketing can be more successful if you do more to connect your brand to the beautiful Hispanic culture.
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using the following information, what is the amount of net income? purchases $30,320 selling expenses $917 merchandise inventory, september 1 6,155 merchandise inventory, september 30 11,073 administrative expenses 696 sales 45,506 rent revenue 695 interest expense 1,124 a.$20,310 b.$18,062 c.$29,135 d.$11,907
The amount of net income IS $ 28980.
What is net income?
Net income, also known as total comprehensive income, net earnings, net profit, bottom line, sales profit, or credit sales, in the context of business and accounting refers to an entity's income less cost of goods sold, expenses, depreciation and amortization, interest, and taxes for a given accounting period.
Calculation of net income
We will categorize the transaction into income and expenses, and then compute the difference between their totals to determine the net income;
Income;
Inventory of goods as of September 1 was $6155.
Inventory of goods as of September 30: $11,073
Sales = $ 45,506
Total = $ 62, 734
Expenses;
$ 30,320 is the total amount spent on purchases.
Selling costs come to 917 dollars.
Administrative costs are equal to $696
Rent Revenue = $695
Interest expenses come to $1,124.
Total = $ 33752
Total revenue minus all costs equals net income.
= 62734 - 33752
= $ 28980
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john got a part time weekend job at a local restaurant to save for a new car. he plans on depositing $200 per month for the next 4 years in a savings account with a rate of 7% per year compounded monthly. how much will he have saved toward his down payment at the end of the 4 year period? a) $11,031.85 b) $11,021.85 c) $11,041.85 d) $11,071.85 e) $11,051.85 f) none of the above.
The combination of the present value and the investment return on the present value is the future value. However, as inflation rises, the present value of one dollar will decrease in the future.
This idea is the fundamental one used when dealing with money.
How do I find the value in the future?Using this formula, you can use compound interest to determine the value of the future: The present value times the interest rate times n is the future value. Utilize this formula to determine the value of the future using simple interest: Future value is equal to the present value multiplied by plus the interest rate multiplied by the time.
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