If all prices are stuck at a predetermined level, then when a short-run aggregate supply curve is drawn with real GDP (Y) along the horizontal axis and the price level (P) along the vertical axis, this curve: is horizontal.
Gross domestic product is the financial degree of the market cost of all the final items and services produced and bought in a specific time period through international locations. due to its complicated and subjective nature, this measure is frequently revised before being considered a dependable indicator. one of the most commonplace is GDP, which stands for gross domestic product. it is frequently stated in newspapers, on television information, and in reports with the aid of governments, central banks, and the business network. It has to turn out to be widely used as a reference point for the fitness of country-wide and global economies.
financial output is now and again referred to as gross output or definitely output. As stated earlier, the financial output isn't the same as GDP. Gross domestic product is a degree of “price delivered” on the countrywide stage.
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What are transnational corporations give 10 examples?.
Apple, Microsoft, Nestlé, Shell, Nike, Amazon, Walmart, Sony are transnational corporations.
A transnational corporation is a business that manages income and assets across multiple nations, engages in foreign ventures, or produces goods or services on a global scale. A business that conducts business in at least two nations is known as a transnational corporation (TNC).
The organization is hierarchical, with centers of production located abroad and the headquarters and research and development (R&D) frequently found in the nation of origin.
Therefore, global economic processes that strengthen production relations and expand the geography of production are what give rise to transnational firms. They deepen the connections between global competition and economic globalization.
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Designate the following as either from job order or process operations.
a. Custom orders - Job Order operations
b. Mass production -Process operations
Job Order activities include custom orders.
Process operations refer to mass production.
What is process operation?The continuous flow approach of mass production is known as process operations, sometimes known as process manufacturing or process production. In other words, this is a conveyor belt system that quickly and uniformly creates standardized, similar things.
Because the same step is repeated frequently and quickly in order to make similar goods, each of these stages is regarded as a component of a process production line.
To mass-create identical products, process procedures are frequently fully automated. To cut production costs, almost all major manufacturers—from pharmaceutical firms to oil refineries—use this method of production.
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the producer or supplier will bear more of the burden of a tax than the consumer if demand is which of the following? elastic greater than supply perfectly inelastic inelastic
If demand is more inelastic than supply, consumers bear most of the tax burden, and if supply is more inelastic than demand, sellers bear most of the tax burden.
The more elastic the demand curve, the more likely that consumers will reduce the quantity demanded instead of paying higher prices.
A purchaser is a person or a set who intends to order, or makes use of purchased items, products, or services frequently for personal, social, family, household and comparable needs, who isn't always directly associated with entrepreneurial or commercial enterprise activities. The time period maximum usually refers to someone who purchases items and offerings for personal use.
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thornton company makes three products in its factory: plastic cups, plastic tablecloths, and plastic bottles. the expected overhead costs for the next fiscal year include the following.
The allocated amount for cups is $1,40,400, tablecloths is $2,21,400 and for bottles it is $3,32,100
Rent, electricity, company permits, accounting fees, advertising charges, and payroll are all examples of overhead costs. While direct costs, like those for raw materials or packaging supplies, are directly related to the good or service you offer, these costs are fairly predictable and constant. Your direct costs will rise proportionately as your sales do.
Particulars Allocation Rate Hours Allocated Amount
Cups $270 520 $1,40,400
Tablecloth $270 820 $2,21,400
Bottles $270 1,230 $3,32,100
Total 2,570 $6,93,900
The Allocation rate = Allocated Amount / Hours
=> $6,93,900 / 2570
$270
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A sport fan who is enticed into buying a ticket to a game by a game promotion had his consumer behavior affected by. market behavior of the sport firm.
A sport fan who is enticed into buying a ticket to a game by a game promotion had his consumer behavior affected by market behavior of the sport firm.
Consumer behavior refers to the study of how people, groups, and organizations choose, acquire, utilize, and discard products, services, concepts, or experience to fulfill their needs and desires. Understanding consumer behavior is crucial if you want to know what drives consumers' purchasing decisions and why.
Marketers may close the merchandise gap and decide which products are necessary as well as which ones aren't any anymore in demand through understanding how customers choose products. Furthermore, it aids advertisers in deciding how best to display their goods such that consumers are most affected.
A firm who is able to understand the consumer behavior can serve them with products and services accordingly and it will help him in earning huge revenue.
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What is discretionary price?.
Discretionary costs can also be known as avoidable costs are costs or capital expenditures that can be reduced or even eliminated in the short term without having an immediate effect on the short-term lucrativeness of a business.
A discretionary expense is a cost that a business or household can live without if needed. Such as discretionary costs include advertising, maintenance, training, and R&D. Discretionary earning is the money you have left over after paying taxes and needed cost-of-living expenses. Discretionary income and disposable income are different things. Disposable income is just the amount of money you have left after you finished paying taxes. Discretionary derives from the word discretion, which can be used to mean “the right to conclude something based on one's self-judgment.”
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cost-volume-profit analysis is based on necessary assumptions. which of the following is not one of these assumptions? multiple choice inventory levels are never constant. sales mix is constant. units produced are sold. costs can be classified as variable or fixed. costs are linear within the relevant range.
Inventory levels are never constant.
Costs are linear within the relevant range.
Finding out how changes in variable and fixed expenses impact a company's profit can be done using a cost-volume-profit (CVP) analysis.
Companies can utilize CVP to determine how many units they must sell to attain a specific minimum profit margin or break even (pay all expenditures).
The assumptions that CVP makes, such as assuming the sales price and the fixed and variable cost per unit are constant, determine its dependability.
Within a predetermined level of output, the expenses are fixed. Assuming that every unit produced is sold, all fixed expenses must remain stable.
Another supposition is that changes in activity levels always result in changes in expenses. It is necessary to divide semi-variable expenses into expense categories using the high-low approach, scatter plot, or statistical regression.
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use `hw9.bike`. this is a modified version of the bicycle demand in dc dataset. there are categorical variables such as day of the week, whether the day was a working day or holiday, the weather, and the humidity that may help us predict demand. in this set of questions, we will consider inclusion of categorical variables *without* interactions.
A consumer's ability and willingness to purchase a certain amount of a good at each price point during a specific time period is known as their demand.
Explain about the demand?Demand is just a consumer's immediate and financial desire to purchase goods and services at the corresponding price. Demand is the amount of products that consumers are prepared and willing to buy at various prices within a certain time frame.
Through the demand planning process, you can determine how much demand there is for your product or service and ensure that you can provide it. Having just enough inventory to fill orders without having an excess is the aim of demand planning.
Amount paid for the good: A good's possible pricing and the quantities that would be bought at those prices make up the fundamental link between supply and demand. The relationship is often negative, which means that a rise in price will result in a fall in the quantity demanded.
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the perpetual inventory system is also known as what type of review system? multiple choice interval periodic continuous estimated scheduled
The level of inventory and the cost of goods sold are measured by the periodic inventory system through periodic physical counts. The perpetual system automatically makes adjustments to inventory balances whenever a product is received or sold.
What does "perpetual inventory" mean?
In order to ensure that the book inventory accurately depicts the actual stock, perpetual inventory is a continuous accounting practice that records inventory changes in real time without the need for physical inventory.
What kind of company makes use of a perpetual inventory system?
Businesses that have a greater number of inventory units and simply do not have the time to manually count them typically use the perpetual inventory system. The perpetual inventory accounting method is typically used by grocery stores, for instance.
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Wildcat Co. has to decide whether or not to drill and oil well. It has $100 current income. Drilling would cost $100; if oil were struck, the company would receive $200 for the oil. If the field is dry, nothing is recovered.
(a) Suppose Wildcat’s utility function is U=y where y is income. Suppose the probability of striking oil is 0.6. Should Wildcat drill? At what probability would Wildcat be just indifferent between drilling or not?
(b) Now suppose the utility function is U=2y1/2. Is Wildcat risk adverse? Using this function, answer question (a).
(c) Suppose for $20, Wildcat could run a test that would determine for certain whether the field is wet or dry. The probability of a positive test is 0.6. Would the Wildcat with the utility as in (a) do the test? (Assume that if the field is wet, they can borrow at zero interest the extra $20 needed to drill– to be repaid immediately.) What is the maximum
amount Wildcat would pay for the test?
(d) Answer (c) using U=2y1/2.. For which utility
function does the company value the test higher? Offer an explanation for your answer.
a. The probability of striking oil is 0.6.should not drill. thus indifferent p must be 1 certainty of strike oil needed.
b. Now suppose the utility function is U=2y1/2 risk adverse.
c. the maximum amount Wildcat would pay for the test is 0.
d. the company will value the the test higher in case of U =[tex]2Y^{\frac{1}{2} }[/tex] become it leads to even lower welfare.
What is probability?Probability means the possibility of the outcome of some random event. The purpose of this term is to control the degree to which some event is likely to occur. For example, what is the chance of getting heads when we flip a coin? The answer to this question is based on the number of possible outcomes. Here it is possible that the result is either heads or tails. So the probability of getting a head is 1/2.
Probability is a measure of the probability of an event. It measures the certainty of an event. The probability formula is given;
P(E) = number of favourable outcomes / total number of outcomes
P(E) = n(E)/n(S)
Here
n(E) = number of favourable events for event E
n(S ) ) ) = results total number
Therefore,
a. U=y
probability of striking oil = 0.6
expected value = 0.6x(200-100)+0.4(0-100)
= 0.6(100)+0.4x100
= 60-40
= 20 No EV>100 should not drill.
U(100)= U(EV)
thus U (100)= 100
U(EV) = P(200-100)+(1-P)+(-100)
= 100P+100P-100
= 200-100
To be different U(100)= U(EV)
100 = 200P
P = 1
thus indifferent p must be 1 certainty of strike oil needed.
b. U=2y1/2.
U' = [tex]2\times\frac{1}{2}^{\frac{1}{2} } }[/tex]
U'' = -[tex]-\frac{1}{2} Y^{\frac{3}{2} }[/tex]<0
Therefore risk adverse
U(100) = 2X[tex]100^{\frac{1}{2} }[/tex]\= 20
U(EV) =[tex]2(200-100)^{\frac{1}{2 }[/tex]
To be indifferent
[tex]20 = 2(200P-100)^{\frac{1}{2} }[/tex]
[tex]10 = (200P-100)^\frac{1}{2}[/tex]
100= 200P-100
200=200P
P=1 required.
c. now EV = 0.6X(200-100-20) +0.4X 100-20
= 0.6X80+0.4X80
= 80
U(EV)<U(income= 100)
therefore will not take rest
He would be willing to pay U(EV)-U(income)<0
would be willing to pay 0.
d. U=2y1/2
=[tex]2 (0.6\times80+0.4\times60)^{\frac{1}{2 }[/tex]
= [tex]2\times 80^{\frac{1}{2} }[/tex]
U(EV) = 17.84
U(100)=20>U(EV)
Therefore will not take that.
the company will value the the test higher in case of U =[tex]2Y^{\frac{1}{2} }[/tex]
Become it leads to even lower welfare.
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Laser surgery is becoming increasingly accepted, and the prices for the surgery are dropping. As a policymaker, how would you decide when surgical intervention for myopia, hyperopia, and astigmatism is a right for all those covered under federal insurance?.
As a policymaker, The way that i can be able to decide when surgical intervention for myopia, hyperopia, and astigmatism is a right for all those covered under federal insurance is by weighing the pros and cons of the factors above, If the advantages are more than the disadvantages and also if the disadvantages is minimal, i will be able to approve it.
Which surgery is best for astigmatism?LASIK is the first surgical line of defense when it comes to treating astigmatism. This is due to the fact that LASIK has the fastest recovery period and is beneficial for a wide range of patients.
Note that Myopia, hyperopia, astigmatism, and presbyopia are just a few of the refractive errors that can be surgically corrected through the ophthalmological speciality known as refractive surgery. Its goal is for patients to no longer need glasses or contact lenses, increasing their quality of life in the process.
Hence, The cornea, which is the transparent, spherical portion of the front of the eye, can become astigmatic when it has an irregular curve. When close-up things are out of focus, it is known as hyperopia. Myopia is the condition in which distant objects appear blurry.
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if oligopolistic firms banded together with the intention of acting like a monopoly, it would likely result in their being able to
If oligopolistic firms banded together with the intention of acting like a monopoly, it would likely result in their being able to divide up the monopoly level of profit amongst themselves.
What happens when oligopolists compete fiercely with one another?
If oligopolists compete fiercely, they may end up behaving like perfect competitors, driving down costs and resulting in zero profits for all. If oligopolists work together, those who can effectively act as a monopoly, raising prices and earning consistently high levels of profit.
Collusion occurs when oligopolistic firms work together to reduce output while keeping prices high. A cartel is a group of firms that have a formal agreement to work together just to produce the monopoly output and sell it at the monopoly price.
Therefore, oligopolistic firms divide up the monopoly level of profit amongst themselves.
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discuss the 18th amendment prohibiting alcohol sales in the united states. approximately when was national prohibition in effect? describe some of the beliefs that led to the passage of prohibition, some of its effects, and some reasons leading to its repeal.
The 18th Amendment talks about prohibition of alcoholic beverages in production, transport and sale of alcohol was considered as Illegal.
How does it determine it ?
By the late 1800 many religious groups considered alcohol as a threat During the 19th century its usage increased leading to activism to cure the perceived problems.It ultimately led to alcohol prohibition.Finally in 1920 when congress ratified the 18th amendment which prohibited the alcohol sales.But the effect was very different leading to rise in crimes organized crime.In 1933 ,widespread of public disillusionment led congress to ratify the 21st amendment which repealed prohibition.Effects of prohibition:
Significant reduction of alcohol consumption among general public.The industrialization within the alcoholic beverages was reversed.Calls for repealing of Prohibition:
It led to public disillusionment.In 1932 the Democratic party's platform included a plank for the repeal of prohibition.In 1933 congress led to 21st amendment to the constitution, which repealed both the 18th amendment.To know more about Alcohol from the given link
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Income-maintenance laws were enacted to provide employees and their families with income security in case of death, disability, unemployment, or retirement.
True
The services in Function 600 (Income Security) keep Americans safe and healthy.
Explain about the Income security?
Income security divided into six categories: housing support, nutrition assistance, unemployment compensation, general retirement and disability insurance, and federal employee retirement and disability (including military retirement).
The Special Supplemental Nutrition Program for Women, Infants, and Children (WIC), school lunch, school breakfast, and other child nutrition programs, child care assistance, refugee support, and low-income home energy assistance are additional significant economic security programs.
In order to help guard employees and their families from financial loss in the event that the employee is incapacitated or passes away, as well as to promote future financial stability, the Board of Pensions distributes income security benefits.
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When companies redefine their technology or competency in general terms, the goal is to de-ink the technology from the current specific products and Identify more general applications True or False
True, When companies redefine their technology or competency in general terms, the goal is to delink the technology from the current specific products and Identity more general applications.
What does the word "redefine" mean?
Reformulate. have to reassess their terms: to review or reexamine especially with a view to changing.
What is an illustration of redefinition?
If a task was to "create a new toothbrush," for example, a creative person may rephrase it as "discover a better technique to clean teeth." Then, by minimizing the notion of the stereotypical toothbrush, he or she could look for solutions. "Functional fixedness" is the reverse of redefinition.Learn more about redefining
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a team that is brought together for a specific purpose and that disbands when the task is complete is called a(n) .
A committee is a team that is formed for a specific purpose and separates once it is complete.
A committee is a group of individuals chosen for a particular task and is usually made up of members from a larger group. A committee's main responsibility is to support the effective operation of the organization. The majority of the time, a committee's main concerns are with information dissemination and helping the leadership make decisions by giving them the knowledge they require.
The effectiveness or failure of the committee will be determined by each member's participation and contribution. The committee will be successful if its members participate, get involved, and inspire others to do the same. Enthusiasm spreads easily.
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a ponzi scheme is a fraudulent investment operation in which returns to investors are paid from funds collected from new investors rather than from profit earned by the operator. the scheme takes its name from the notorious operation of charles ponzi in 1920. the case of bernie madoff is a more recent example.13 suppose the operator of a ponzi scheme pays an initial return to investors of $20,000. each month, he must recruit enough new investors to increase the return by 5%.a.find a formula that gives the return r, in dollars, that the operator must pay after t months.t months.tb.how much must the operator pay to investors at the end of 3 years?c.assume that new investors pay $2000 to join the scheme. how many new investors must be recruited at the end of 3 years in order to pay the existing investors? round your answer to the nearest whole number.
The recruiter must pay $115836.32 to the new investors at the end of 3 years.
Who are investors?Any person or other entity (such as a business or mutual fund) who invests money in the hope of making a profit is referred to as an investor. Investors depend on a variety of financial products to generate a rate of return and achieve significant financial goals like saving for retirement, paying for a child's education, or simply accumulating more wealth over time.
To achieve objectives, a wide range of investment vehicles are available, including (but not limited to) stocks, bonds, commodities, mutual funds, exchange-traded funds (ETFs), options, futures, foreign exchange, gold, silver, retirement plans, and real estate. Investors have the option to consider opportunities from a variety of perspectives, and they typically prefer to reduce risk while maximizing returns.
P = $20,000
r = 5% = 0.05 + 1
Time = n in months
R(t) = Prt
R(t) = 20000 x (1.05)ⁿ
R(t) = 20000(1.05)ⁿ
Now for 3 years
T = 3x12 =36
R(t) = 20000(1.05)ⁿ
R(t) = 20000(1.05)³⁶
R(t) = $115836.32
Hence, the recruiter must pay $115836.32 to the new investors.
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each june, a small chocolate shop in a busy downtown area sold chocolate covered fresh strawberries. they bought the strawberries for .20 cents apiece and sold them in-store for $1.50. the shop owner discovered that when he offered the strawberries delivered directly to people working in the office buildings near him, he could charge $12 for a box of four. when he introduced delivery, he sold 800 boxes for gross sales of $9,600 and received customer feedback to please repeat the delivery option next june. which of the following statements best describes the premium the shop could charge
The price customers are willing to pay is determined by their perception of value received.
What are the 6 steps to determining a price?Step 1: Choosing the pricing goal is the first step.Reaching the company's positioning objectives may be facilitated by pricing.Step 2According to the law of economics, there is a certain demand for a product at every price point. Step 2: Determining demandStep 3: Calculating costs to ensure profitabilityBusinesses must control their costs in order to maintain a healthy profit margin if they are to continue operating profitably.Step 4: Examining Costs, Prices, and Offers of CompetitorsEvery business must closely monitor its rivals.Step 5: Picking a pricing strategyYou can choose from a number of approaches when it comes to determining how much to charge for your goods or services.Step 6: Calculating the ultimate costThe previous procedures will aid in pricing setting, but the final decision is yoursTo learn more about price, refer to
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If a contractionary monetary policy lowers the price level by more than expected, it raises the real value of consumer debt. This reduces consumer expenditure through a. the bank lending channel. О b. Tobin's q. O c. the traditional interest-rate channel. d. the household liquidity effect. o Clear my choice
This reduces consumer expenditure through the household liquidity effect.
What is contractionary monetary policy?In order to combat inflation, a type of monetary policy known as a contractionary monetary policy seeks to slow down the rate of monetary expansion. An overheated economy, which can happen as a result of prolonged periods of economic expansion, is thought to be indicated by a spike in inflation.By reducing the quantity of active money circulating in the economy, inflation is intended to be reduced. Additionally, it tries to stifle any unwise capital investment and speculation that earlier expansionary policies could have sparked.To prevent inflation, contractionary monetary policy attempts to slow down or even stop the expansion of the economy. Growing interest rates and a shrinking money supply are the main ways it slows GDP.To learn more about contractionary monetary policy refer to:
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mike, an attorney, earns $200,000 from his law practice and receives $45,000 in dividends and interest during the year. in addition, he incurs a loss of $50,000 from an investment in a passive activity acquired three years ago.
Mike, an attorney, makes $200,000 from his legal business and $245,000 ($200,000 active revenue + $45,000 portfolio earnings) in interest and dividends during the year.
What exactly does your interest mean?The things you enjoy and the things you enjoy learning about make up your interests is intriguing. It keeps your interest and piques your curiosity when something is interesting: Nothing very intriguing was discussed.
How does the example of interest operate?A borrower can either earn or pay a specific amount of interest on a loan depending on the rate. An interest charge worth $6 ($100 X 0.06) would be incurred on a $100 loan with a nominal interest rate if 6%, for example. The interest rate remains constant even as the loan's size increases. The borrower would still make 6% payments even if the debt was raised to $1,000.
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which of the following are true according to the keynesian economic view?
Decrease in the government-spending component of aggregate demand will not affect real GDP for very long.
Even a severe decrease in citizens' expectations of future income will not affect long-run economic output.
Nominal prices matter to the long-run economy
Prices are perfectly flexible.
The true statements according to the Keynesian economic view is that Nominal prices matter to the long-run economy. Option C
What is the Keynesian economic view?The numerous macroeconomic theories and models of how aggregate demand significantly affects economic production and inflation are known as Keynesian economics. According to the Keynesian perspective, the level of overall demand need not match the economy's capacity for production.
Keynesians contend that because prices are somewhat rigid, changes in any aspect of spending, whether government, investment, or consumer spending, affect output. For instance, output will rise if government expenditure rises while all other spending factors stay the same.
The greater employment levels promoted by Keynesian economics are one of the model's many advantages, among its many disadvantages. As firms reduce the number of their workforces, employment declines and unemployment rates rise during recessionary times.
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Describe three things that you think are important for a company to include in its personnel policies.
They typically include items like the hours that employees are expected to be at work, policies acceptable attire, payment schedules, and security concerns, in addition to rules for how things should be done within the company.
The way employees communicate with one another and with the organisation is governed by personnel policies. They set the tone for what it's like to work somewhere and safeguard both employees and the company. In order to achieve the goals of the organisation, the connection with employees is governed by principles and norms of behaviour that "formulate, redefine, break into specifics, and decide a number of acts."
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According to traditional economic theory, setting price is as simple as finding the point at which marginal _________ equals marginal ________
According to traditional economic theory, setting price is as simple as finding the point at which marginal revenues; equals marginal cost.
This is because at this point, producer surplus is maximized and efficient resource allocation is achieved.
What does traditional economic theory consist of?Traditional economic theory is based on the assumption that people are rational and will make decisions that are in their best interests. This theory also assumes that markets are efficient and that prices reflect all available information. Traditional economic theory is used to explain and predict how people behave in different economic situations.
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Ownership costs are incurred after the initial purchase and are associated with the ongoing use of the product or material. Which of the following is not an ownership cost listed in the text?
Taxes
As per the concept of ownership, the cost that is not covered in the ownership cost is Taxes.
Ownership
in the economic terms, ownership refers the state or fact of legal possession and control over property, which may be any asset, tangible or intangible.
Given,
Ownership costs are incurred after the initial purchase and are associated with the ongoing use of the product or material.
Here we need to find in which of the following is not an ownership cost listed in the text.
According to the definition of ownership, the owner is the one who own the object. So, the owner ship cost will include maintenance and processing cost.
But the tax is the amount that is paid by the person who can use the service or good and it has been paid to the government.
So, it is not included in the ownership cost.
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You cause an accident and injure the other driver. The case goes to trial and there is a verdict to compensate the injured person with $58,000. You have a $75,000 coverage limit per person for bodily injury. How much will the insurance company pay?.
The insurance company will pay $58,000.
Since you have a coverage of $75000 so the insurance company could cover $58000 out of it to compensate the injured person.
Insurance coverage- Insurance coverage is the amount of risk or liability that is covered by insurance services for an individual or entity. An insurer provides insurance coverage, such as auto insurance, life insurance, or more exotic forms, such as hole-in-one insurance, in the event of unforeseen events.
Most financial experts recommend four types of insurance: life, health, auto, and long-term disability.
The amount of risk, liability, or potential loss that insurance protects is referred to as insurance coverage. It assists individuals in recovering from financial losses caused by incidents such as car accidents, property damage, or unexpected health issues.
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suppose that flu shots create a positive externality equal to $12 per shot. further suppose that the government offers a $5 per-shot subsidy to producers. what is the relationship between the equilibrium quantity and the socially optimal quantity of flu shots produced?
The relationship between the equilibrium quantity and the socially optimal quantity of flu shots produced will be higher than the socially optimal quantity of flu shots produced.
What is the socially optimal quantity?Socially optimal quantity is the level of production or consumption that maximizes the net benefit to society as a whole. This optimal level of production or consumption is determined by weighing the costs and benefits of increased or decreased production or consumption.
The equilibrium quantity of flu shots produced will be higher than the socially optimal quantity of flu shots produced. This is because the subsidy creates a financial incentive for producers to produce more flu shots than what would be socially optimal (the quantity of flu shots that would generate the most benefit to society). Therefore, the equilibrium quantity of flu shots produced will be greater than the socially optimal quantity of flu shots produced, as producers are incentivized to produce more flu shots than what would be considered socially optimal.
It can be concluded that, the relationship between the equilibrium quantity and the socially optimal quantity of flu shots produced will be higher than the socially optimal quantity of flu shots produced.
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in B2B marketing, companies often communicate via specialized web portals. which of the following are among the advantages of using these portals?
streamlined procurement
reduced paperwork
simplified negotiations
Reduced paperwork is among the advantages of using these portals. Marketing to business buyers is done through a variety of strategies known as B2B marketing.
Its objective is to raise conversion rates, lead acceptance by sales, and lead quality. Learn essential B2B marketing tactics to support expansion with your current clients. An oil and gas producer is the target market strategies for the marketing and sales efforts of an industrial pump manufacturer. An office space buildout for a legal practise is being marketed and contracted for by a commercial construction company. rather than between businesses and consumers, the exchange of goods, services, or information between enterprises (B2C).
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Tanner Manufacturing is developing an activity-based costing system to improve overhead cost allocation. One of the first steps in developing the system is to classify the costs of performing production activities into activity cost pools.
Classify the cost of each activity in the following list into unit-, batch-, product-, or facility-level cost pools:
The costs of performing production activities into activity cost pool is Plant security Facility
Product Wages of employees transporting units of labor between workstations
Unit —- Ordering supplies for a certain sort of product —-Factory-wide electricity unit
batch --- A manager in charge of a product line's salary at a facility Commissions on labeling and Packaging Unit
Product or facility level: Product Supply Unit Engineering Product Design
Activity based costing :Activity-based costing (ABC) is a way of allocating overhead and indirect expenses to products and services, such as wages and utilities. The ABC cost accounting system is built on activities, which are defined as any occurrence, unit of work, or job that has a clear aim. Activity-based costing is a method of costing that detects activities in an organization and allocates the cost of each activity to all products and services based on their actual consumption. As a result, as compared to traditional costing, this approach allocates greater indirect costs to direct expenses.
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What action can the government of country df take to encourage citizens to purchase homes?maintain corporate tax ratesraise income taxesraise property tax rateslower income taxes for homeowners.
Country DF can decrease income taxes for homeowners to encourage people to purchase homes.
What is income tax?A tax called an income tax is one that is levied against people or organizations (taxpayers) based on the income or profits they have made. Tax rates and taxable income are often multiplied to calculate income tax. Different taxpayer types and income types may have different tax rates. As the amount of taxable income rises, the tax rate might also (referred to as graduated or progressive tax rates). Corporate tax, which is often assessed at a flat rate, is a type of tax that is imposed on businesses. Individual income is frequently subject to progressive taxation, when the tax rate is raised for each additional unit of income. Local charitable groups are typically exempt from taxation.
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Monopoly profit will _____ when a monopolist goes from single-price monopoly to perfect price discrimination. Remain the same increase decrease initially increase and then return to its original level.
Monopoly profit will decrease when the monopolist goes from the single-price monopoly to the perfect price discrimination.
What is a Monopoly?According to Irving Fisher, a market with "lack of competition" results in a situation where one person or business is the only supplier of a specific good or service. This contrasts with a monopsony, which refers to a single entity's dominance of a market to buy a good or service, and with oligopoly and duopoly, which consist of a small number of vendors controlling a market. Monopolies are thus defined by a lack of viable substitute products, a lack of economic competition to provide the good or service, and the potential for a high monopoly price considerably above the seller's marginal cost that results in a high monopoly profit. In a tiny industry, a small company could nevertheless be able to increase costs.
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