Different levels of planning in supply chain operations management include strategic, tactical, and operational planning.
In the corporate world, supply chain can be taken for granted. Realizing that the supply chain is the cornerstone of any operation or business is crucial. Supply chain management is divided into three levels: strategic, tactical, and operational. Together, these levels handle all the choices necessary to timely deliver high-quality goods to clients at the lowest possible cost while generating the most possible income.
Examining the three levels of supply chain management the strategic level, the operational level, and the tactical level will help you better grasp the many stages of supply chain management and how they affect one another.
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if sales budget variance is $57,000 and flexible budget amount is $97,000, then static budget amount will be
the solution Static budget = Flexible budget - Variance in sales budget = $97000 - $57000 = $40,000.
Static budgetA static budget does not alter for any reason over its entire life cycle. This budget, once generated, remains - well - static! A static budget is unaffected by external circumstances such as your company's progress during the year. Static budgets, like zero-based budgets, are produced based on your company's or department's targeted objectives and outcomes rather than routinely inflating the prior budget by a specified amount. Static budgets start with the previous year's budget and then account for any changes to identify where your budget may be fine-tuned on the micro level while still retaining the macro focus on attaining long-term goals. Companies compute and convey the expected cost of reaching a particular objective.
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which total cost rises when the firm produces one additional unit of output is called a. average cost. b. marginal cost. c. fixed cost. d. variable cost.
Option b. the marginal cost rises when the firm produces one additional unit of output
The term "marginal cost" describes the rise in manufacturing costs brought on by the creation of more product units. A different name for it is the marginal cost of production. Businesses may evaluate how the volume produced affects the cost and eventually profits by calculating the marginal cost.
Marginal Cost is calculated as Change in Total Cost / Change in Quantity, where a Change in Total Cost is calculated as the Total Cost of Production for a normal unit less the Total Cost of Production for an additional unit. Change in Quantity is calculated as Total Quantity Product minus Total Quantity Product of Additional Unit.
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A firm is a natural monopoly if it exhibits the following as its output increases:
a. decreasing marginal revenue
b. increasing marginal cost
c. decreasing average revenue
d. decreasing average total cost
Option D, If a firm demonstrates the following as its output rises and the average total cost decreases, it is a natural monopoly.
Due of the high start-up and/or fixed costs of manufacturing, a natural monopoly develops. Because the increase in production will increase the money received from the sale of created goods, when a monopoly raises its output, the output impact will increase total revenue. If one firm can serve a market more affordably than any combination of two or more firm , that market has a natural monopoly. The output effect works to raise total revenue when a monopoly boosts output and sales, whereas the pricing effect works to decrease total revenue.
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if you write a zero-based budget every month, it is not necessary to reconcile your account.
Answer:
false
Explanation:
a budget is an estimate of profit or expenses for a period of time
excessive fishing occurs because a. fishermen have other marketable skills and do not fear exploitation of fish reserves. b. fishermen rely on government managers to worry about fish populations. c. fishermen are unionized, so they are not concerned with externalities. d. each individual fisherman has little incentive to maintain the species for the next year.
Excessive fishing occurs because each individual fisherman has little incentive to maintain the species for the next year.
Spherical trigonometry is the branch of spherical geometry that deals with the metrical relationships between the sides and angles of spherical triangles, traditionally expressed using trigonometric functions. On the sphere, geodesics are great circles. Spherical trigonometry is of great importance for calculations in astronomy, geodesy, and navigation. The origins of spherical trigonometry in Greek mathematics and the major developments in Islamic mathematics are discussed fully in History of trigonometry and Mathematics in medieval Islam.
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the herfindahl-hirschman index (hhi) is the sum of the squared market shares of the four largest firms in an industry. true false
"The Herfindahl-Hirschman index (HHI) is the sum of the squared market shares of the four largest firms in an industry." The above statement is false.
What is Herfindahl-Hirschman index?In order to assess market competition before and after merger and acquisition (M&A) deals, the Herfindahl-Hirschman Index (HHI), a popular indicator of market concentration, is frequently utilized.
The index assesses the degree of competition and the size of the company in relation to the size of the industry. The market share of each company engaged in the market competition is squared before the resulting figures are added to determine the Herfindahl-Hirschman index. It might be anything between 0 to 10,000, with lower numbers indicating a less crowded market. The Herfindahl-Hirschman index is a widely used indicator of market competition. It is computed by squaring each company's market share in a market, then adding the resulting figures.
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true or false: in the future, locally-grown maple syrup will likely become more available in the midwest
It is completely inappropriate and factually incorrect to mention that in the future, the locally-grown maple syrup will have more availability in the Midwest. Therefore, the statement given above is false.
The primary reason why the availability of the resources such as the maple syrup will become more in the Midwest in the future is because the scientists have suggested that maple trees will cease to exist in the coming age, and thus, it will be impossible to produce maple syrup, whether in the Midwest, or throughout the world.
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In future the no of maple trees will be reduced due to civilization . Nemeche due to unavailability of maple trees it will be impossible
a firm should include as many unrelated businesses as possible to dampen their exposure to market risks. group of answer choices true false
False. Adding unrelated businesses to a firm can potentially increase a firm's total exposure to market risks.
Unrelated businesses are not necessarily protected from market risks, and having too many unrelated businesses can actually create additional overhead and management costs that can be detrimental to a firm's overall profitability.
Instead, a firm should focus on diversifying within its core business and exploring different markets that are connected to its core business. This will allow the firm to spread its risk across different markets, products, and services and will help to protect the firm from market risks.
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The entry to record reimbursement of the petty cash fund for postage expense should include Multiple Choice A debit to Petty Cash A debit to Postage Expense A debit to Cash A debit to Supplies A debit to Cash Short and Over
Since the expense was paid for by the petty cash fund, the appropriate answer is to deduct Postage Expense.
What is petty cash fund?The basic goal of a petty cash fund is to provide company units with adequate cash to cover minor expenses. The idea is to make it simpler for staff members and guests to obtain reimbursed for modest costs like office supplies, taxi rides, postage, and other items that frequently don't cost more than $25.00. The Petty Cash Policy is described in detail.
Local units should employ the PCard in place of petty cash whenever practicable.
Petty cash custodians are responsible for safeguarding petty cash funds and keeping thorough records and receipts that serve as proof of each transaction.
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a court has ordered security enterprises to pay $250,000 in two years and $500,000 in five years. in order to meet this important liability, they wish to invest in a combination of two-year 10% par-value bonds with annual coupons and five-year zero-coupon bonds. each of these is sold to yield an annual effective yield of 4%. the two bonds are to be purchased so that the present value and duration conditions of redington immunization are satisfied at the current 4% rate. what is the face value of the two-year bond that should be purchased?
We have two reqts.
a. two-year 10% par-value bonds with annual coupons
b. five-year zero-coupon bonds
a. Lets take Current value = PV=$1000, Coupon 10%. So PMT = 10%*1000 = 100
Yield = Rate = 4%, period = nper = 2 yrs
So MaturityPrice Bond = FV(Rate,nper,PMT,-PV) = FV(4%,2,100,-1000) = $878
So for $200,000, we need $200,000/$878 = 228 bonds of FV$1000
So investment needed now is 228*$1000 = $228,000 ................(A)
b. Lets take Current value = PV=$1000, Coupon 0%. So PMT = 0
Yield = Rate = 4%, period = nper = 5 yrs
So MaturityPrice Bond = FV(Rate,nper,PMT,-PV) = FV(4%,5,0,-1000) =$1,217
So for $500,000, we need $500,000/$1,217 = 411 bonds of FV$1000
So investment needed now is 411*$1000 = $411,000 ..............(B)
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if the beginning inventory is $15,000, purchases are $24,000, and the ending inventory is $23,000, the goods available for sale:
If the beginning inventory is $15,000, purchases are $24,000, and the ending inventory is $23,000, the goods available for sale: $14000.
What is inventory ?Inventory refers to goods and services held by a company for the ultimate purpose of re-sale, production. Inventory management is a discipline primarily concerned with specifying the shape and placement of stored goods. Inventory refers to all the items, goods, goods, and materials that a business holds for sale in the market to make a profit. Example: If a newsagent uses a vehicle to deliver newspapers to customers, only the newspapers are considered inventory. A car is treated as an asset.The four most generally used inventory types are raw materials, work in process, finished goods, maintenance, repairs and overhauls.Knowing the structure of your inventory will help you manage your inventory better.To learn more about inventory from the given link :
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a restricted stock award was granted at the beginning of 2005 calling for 3,000 shares of stock to be awarded to executives at the beginning of 2009. the fair value of one option was $20 at grant date. during 2007, 100 shares were forfeited because an executive left the firm. what amount of compensation expense is recognized for 2007?
Total compensation expense at grant date is $60,000 (3,000 x $20). The service period is four years ($20x5 - $20x8). Annual expense recognized is $15,000 ($60,000/4).
Through $20x6, a total of $30,000 of compensation expense is recognized. After the forfeit, only 2,900 shares remain to be awarded.
Annual compensation expense for the remaining two years before considering forfeited shares is therefore $14,500 [(2,900 x $20)/4].
Compensation refers to monetary price given to an man or woman in change for his or her services. in the place of work, compensation is what is earned by way of employees. It consists of profits or wages in addition to commission and any incentives or perks that come with the given employee's position.
The 4 essential varieties of Direct repayment: Hourly, profits, fee, Bonuses. whilst asking about compensation, the majority want to understand about direct repayment, mainly base pay and variable pay. The four most important kinds of direct reimbursement are hourly wages, revenue, commission and bonuses.
While personnel are accurately compensated, they feel encouraged to return to paintings. Their morale remains excessive, and their task satisfaction degrees growth. high morale ensures that employees are motivated enough to come to paintings every day and supply paintings to the best in their talents.
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when firms advertise their products, they are attempting to: a. shift the demand for the product to the right. b. shift the supply curve of the product to the right. c. shift the supply curve of the product to the left. d. shift the demand for the product to the left.
Businesses market their goods in an effort to reach that many consumers as they can, hence increasing demand for their goods and boosting sales.
Since when are firms called?It is thought to have originated from the German word Firma, which meant "a corporation, name of a business" and was derived from the Italian words Firma, which meant "signature," and Firmare, which meant "to sign." Firmare, which originally meant "to make firm, affirm," also came to signify "confirm (by signature)" in late Latin.
What would firms do?A business that seeks to make money by offering goods and services is known as a firm. Firm and business are both acceptable terms. Different organizational structures for businesses, including corporations and single proprietorships, are available.
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during a review of the financial statements of a nonissuer, the accountant becomes aware of a lack of adequate disclosure that is material to the financial statements. if management refuses to correct the financial statement presentation, the accountant should
If management refuses to correct the financial statement presentation, the accountant should disclose the departure from generally accepted accounting principles in a separate paragraph of the report.
financial statements are written facts that bring the commercial enterprise sports and the financial performance of a agency. economic statements are often audited through authorities groups, accountants, corporations, and so on. to make sure accuracy and for tax, financing, or making an investment purposes.
monetary statements are formal data of the monetary sports and role of a commercial enterprise, man or woman, or other entity. applicable financial statistics is supplied in a dependent way and in a shape that is easy to recognize.
monetary statements are the information of a business enterprise's monetary circumstance and sports during a time period. financial statements display the financial overall performance and electricity of a business enterprise. The three middle financial statements are the profits assertion, stability sheet, and coins flow announcement.
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what is the sinking fund factor amount if you planned to replace the swimming pool of your investment property (at a cost of $50,000) in 12 years and you expected the funds to grow at the rate of 6% per year?
The sinking fund factor amount if you planned to replace the swimming pool of your investment property (at a cost of $50,000) in 12 years and you expected the funds to grow at the rate of 6% per year is $104,655.
Investment property is property held by the owner or by the lessee under a finance lease to earn rentals or for capital and capital growth.
The rules of investment property are essentially the same as stated in IAS 16 for property, plant and equipment.
The amount of the sinking fund is as follows,
Sinking Fund = ((1+6%/12) ^ (5-12) – 1)/ (6%/12) * $1,500
Sinking Fund will be – Sinking Fund = $104,655.05 ~ $104,655.
The sinking fund is a fund formed by periodically setting aside money for the gradual repayment of a debt or replacement of a wasting asset.
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please indicate whether each individual or group of individuals is part of the federal open market committee (fomc). a. the seven members of the board of governors: b. the president of the los angeles federal reserve bank: c. a group of four district bank presidents: d. the secretary of the treasury: e. the chairman of the securities and exchange commission (sec): f. the president of the new york federal reserve bank
a. The seven members of the Board of Governors are part of FOMC.
b. The President of the International Monetary Policy Harmonization Council is not a part of FOMC.
c. A group of four district presidents is not part of FOMC.
d. The Treasure of the United States is not a part of FOMC.
e. A chairman of the Securities and Exchange Commission is not a part of FOMC.
f. The President of the New York Federal Reserve Bank is part of FOMC.
The FOMC consists of a dozen members: The Board of Governors consists of seven members, including the Fed Chair. The President of the Federal Reserve Bank of New York, who also serves as the Fed's Vice President.
The Federal Open Market Committee (FOMC) is the component of the Federal Reserve that manages open market operations to formulate monetary policy.
Therefore, the following statements are as follows:
a.The FOMC is comprised of seven members of the Board of Governors.
b. The International Monetary Policy Harmonisation Council's President is not a member of the FOMC.
b. The FOMC does not include a group of four district presidents.
c. The United States Treasurer is not a member of the FOMC.
b. The FOMC does not include the chairman of the Securities and Exchange Commission.
f. The President of the Federal Reserve Bank of New York is a member of the FOMC.
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positions such as justice of the peace and county tax assessor are important to a functioning democracy. True or False?
Positions such as justice of the peace and county tax assessor are important to a functioning democracy is a true statement.
What do taxes do for a nation?
A fundamental method for nations to produce public revenues that enable them to support investments in human capital, infrastructure, and the provision of services for citizens and businesses is through the collection of taxes and levies.
Why do nations levy taxes?
While financing war was the primary goal of taxation in ancient times, today governments also collect taxes to raise funds for a variety of public goods and services (including law and order, public infrastructure, education and healthcare).
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for upper-level managers who often want to see total figures and do not need supporting details, a(n) _____ is appropriate.
A summary report is suited for leader must make who frequently only need to see totals and do not require supporting information.
A daily summary report: what is it?The raw values for the a given day are compiled in the Daily Summary report. All data that is acquired for a period of less than 24 hours should have daily summary statistics compiled. · It is necessary to produce statistics for both average NAAQS data and non-NAAQS data types.
What characteristics characterize an effective summary report?Reiterating the study's goals, highlighting its key findings, and outlining any findings, conclusions, or conclusions from the report are all necessary. The material should be sufficient for the reader to comprehend the main points without needing to read the entire report.
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ssume brazil has production possibilities to produce either 50 batches of apples or 50 batches of peaches using 100 work hours. if brazil chooses to produce 30 batches of apples, how many batches of peaches can it produce? place the moveable point at the coordinate that shows this production possibility. make sure that the point's coordinates are exactly correct.
apples produced in Brazil, it takes 1 worker hour. It'll still take 60 labour for Brazil to manufacture 30 sets of apples (30/50*100). The nation can generate 20 sets of peaches in the additional 40 hours (400.50).
production, what do you mean?Producing anything is the method of combining different inputs, both tangible (such metal, woods, glass, or polymers) and intangible (like plans or knowledge). This output should ideally be a product or service that is useful and increases people's utility.
What does production serve as a means for?To satisfy customer demand for these resource conversions, production is undertaken. "Production is the planned transformation of basic materials into finished goods and services."
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job order costing and process costing are question 3 options: cost flow systems inventory tracking systems pricing systems cost accounting systems
Cost accounting has to do with how much it costs to produce a thing. It aids businesses in cost management, planning, and decision-making that increases cost effectiveness.
What is job order costing?
Cost accounting systems include job-order costing and process costing. The cost of goods or services offered is calculated using job order costing. Contrarily, process costing is used to calculate a product's cost at each stage of production.
Accounting that tracks costs and receipts by "job" and facilitates uniform reporting of profitability by work is known as "job costing." An accounting system must enable the assignment of job numbers to specific expenditures and revenue items in order to support job costing.
Job order costing is a method of costing in which the costs of every product or job are traceable. Process costing is a costing method where costs are calculated based on the number of equivalent units generated when a product is mass produced.
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fillman hardware corp. offers an incentive to all of its retail stores: any store that sells $500 worth of tools in one day receives a 25% discount on its next order. this incentive is an example of
This incentive is an example of spot bonuses. These kinds of rewards tend to increase job satisfaction among employees since they make them feel like their efforts are valued more.
An employee might, for incentive, put more effort into a project if they want to get a positive evaluation or avoid getting one than if they don't get one at all. Their drive stems from a desire to be rewarded or spared punishment during a performance evaluation at the conclusion of the project. An incentive is something that encourages or motivates someone to accomplish something, according to the definition. A reward is just anything that is actually handed to an employee, to put it simply.
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a product-level activity center would likely include all of the following costs except: a. materials handling costs. b. legal fees to obtain and protect patents. c. packaging design costs. d. engineering development costs.
(a) materials handling costs. With the exception of materials handling costs, all of the following expenditures would likely be included in a product-level activity center.
Costs associated with material handling are those incurred during a product's entire production process, from design to shipping. It covers expenses like those for gasoline, labor, installing machinery, and other expenses as well. The term "materials handling costs" (or "MH%") refers to the multiplier, which is [*]%, that accounts for labor costs associated with production planning, material management, purchasing, storage, and quality inspection of incoming goods, as well as freight and insurance, material scrap and attrition (at the component level), and finance. The several sorts of expenses connected with preparing and moving inventory are referred to as handling costs. The majority of the costs go toward order fulfillment costs like shipping and packing. In manufacturing, warehousing, and distribution, material handling refers to the transportation, protection, storage, and management of materials and goods.
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cash flows from______ activities include both inflows and outflows of cash from the external funding of a business.
cash flows from financing activities include both inflows and outflows of cash from the external funding of a business.
What are cash flows from financing activities?
Cash flow from financing operations refers to the net amount of funding a company generates over a given time frame.
Financial activity includes, for example, the issue and repayment of equity, dividend payments, the issuance and repayment of debt, and capital leasing obligations.
The various transactions that involve the transfer of money from the company to its owners, creditors, or investors in order to achieve long-term growth and economic objectives are referred to as financing activities. These transactions have an impact on the equity and debt liabilities that are shown on the balance sheet; these transactions can be examined through the cash flow from finance section of the cash flow statement of the business.
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what is investor sentiment? the stock market's attitude towards specific stocks, industries, or market conditions technical information about specific stocks, industries, or market conditions something that has no effect on market prices something that is intangible, it's the emotional measure of a stock and can't be measured
The broad prevalent opinion of investors regarding the anticipated price development in a market is known as market sentiment, often referred to as investor sentiment.
What does investing emotion entail?Market sentiment, commonly referred to as investor sentiment, describes the broad perspective or attitude of investors toward a certain securities or the entire financial market. The general price patterns are where market participants' optimism or pessimism is most readily apparent.
How are investors feeling right now?US Investor Sentiment,% Bullish is at 24.47%, down from last week's 28.86% and this year's 33.81%. This is less than the historical average, which is 37.64%.
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The rate of depreciation of a car can be calculated by
a. dividing the original cost by the average annual depreciation
b. dividing the average annual depreciation by the original cost
c. subtracting the trade-in value of the vehicle from the original purchase price
d. dividing the original cost by the total depreciation
The annual depreciation amount divided by the total depreciable cost is the depreciation rate. The machine in this instance exhibits a straight-line depreciation.
How do you figure out a car's depreciation?Simply deduct the vehicle's current fair market value from the purchase price, less any applicable sales tax or fees, to determine how much value has been lost. If you're thinking about purchasing a car, research the fair market value of earlier models of the make and model to obtain an idea of the car's future value.
The depreciation rate: how is it determined?Result for an image By a. dividing the initial cost by the average annual depreciation, one can get the rate of a car's depreciation.
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A Six Sigma program has how many defects per million? O 2700 O 6 times the standard deviation O 34 O 1000 O 3.4 approaches while goods made to forecast are typical of Goods made to order are typical of and and approaches. process, mass customization; repetitive, product product, mass customization; repetitive process repetitive, process; mass customization, product product, process; repetitive, mass customization repetitive, product; mass customization, process
The fault rate in a Six Sigma program is 3.4 per million. The remaining ones, however, are inappropriate in this situation.
Process, mass customization, repetitive, product. Goods made to order are typical of process and mass customization approaches while goods made to forecast are typical of repetitive and product approaches.
A collection of methods and equipment for process improvement is called Six Sigma. While employed by Motorola in 1986, American engineer Bill Smith introduced it.
The process of disseminating and exchanging information with large populations through mass media is known as mass communication. Since its technologies are employed for the spread of information, of which journalism and advertising are a component, it is typically believed to relate to numerous forms of media.
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the figure illustrates the bagel market. which of the following statements is correct?
An inefficient underproduction of housing services results from a rent ceiling that is set lower than the equilibrium rent. Housing services result in a deadweight loss when the marginal social benefit outweighs the marginal social cost.
The highest legal rent is referred to as a rent ceiling. Rent ceilings cause a scarcity of flats if they are placed below the equilibrium rent. The excess of both consumers and producers is decreased. The amount required will exceed the quantity provided when a price ceiling is placed below the equilibrium price, leading to excess demand or shortages. There will be surplus when the price ceiling is set higher than the equilibrium market price because suppliers will receive more money for their items. As a result, the amount given will rise while the quantity required will fall. These include a decline in affordability, a delay in new development, the encouragement of gentrification, the degradation of rent-controlled structures, and a drop in the number of buildings that are readily accessible.
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shoesinc sells shoes. at the beginning of 2020, shoesinc had total inventory of 2,000 pairs shoes. during 2020, shoesinc produced 5,000 pairs of shoes and sold 4,000 pairs of shoes. each pair of shoes sold for $100. in 2020, what is the contribution of shoesinc economic activity towards gdp?
Inventory in the beginning was 2000 produced during the year 5000 sold 4000 at price of $100. The GDP includes consumer spending of $400,000.
The total monetary or market worth of all the finished goods and services produced within a nation's boundaries during a certain time period is known as the gross domestic product (GDP). It serves as a thorough assessment of the state of the economy in a particular nation because it is a wide indicator of total domestic production.
GDP is frequently used as a benchmark for cross-national comparisons and as a general indicator of economic development. It is regularly regarded as the "world's most potent statistical indicator of national development and progress".
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if kono makes a particular choice, his utility, on average, is his: total well-being. middle utility. expected utility. normal well-being.
If Kono makes a particular choice, his utility, on average, is his expected utility.
In regular language, an average is a unmarried number taken as consultant of a listing of numbers, usually the sum of the numbers divided by means of how many numbers are inside the list (the mathematics mean). for example, the average of the numbers 2, three, 4, 7, and nine (summing to 25) is five. depending at the context, a median is probably another statistic which include the median, or mode. for instance, the common private profits is often given as the median—the number below which might be 50% of personal earning and above that are 50% of personal earning—because the imply might be misleadingly excessive via consisting of non-public earning from a few billionaires.
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a benefit of internet advertising is the ability to directly measure advertising effects.true or false
Directly measuring the results of marketing advertising is one advantage of online advertising. is accurate.
Online marketing, often known as Internet marketing, digital marketing, or web marketing, is a branch of marketing and advertising that uses the Internet to reach target audiences and platform users with advertisements for products and services.a Online advertising includes practices including email marketing, search engine marketing, social media marketing, numerous display ad formats, and mobile advertising. The transmission of adverts via automated software platforms that work across various websites, media services, and platforms is referred to as programmatic advertising. Similar to other forms of advertising media, internet advertising typically consists of a publisher who integrates advertisements into its online content and an advertiser who provides the advertisements to be displayed on the publisher's content.
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