If production involves increasing opportunity cost, then moving nearer the horizontal axis will increase the opportunity cost of the good that is shown on the horizontal axis i.e. Option E
Opportunity cost is the cost of a choice in terms of the best alternative that must be given up. In the case of production, the opportunity cost of producing one good is the quantity of the other good that must be given up. When production involves increasing opportunity cost, it means that as more of one good is produced, the opportunity cost of producing each additional unit of that good increases.
In a production possibilities frontier (PPF) graph, the opportunity cost is reflected by the slope of the PPF curve. As we move down along the PPF, that is, as we produce more of one good, the opportunity cost of producing that good increases. This is because in order to produce more of one good, we need to give up increasing quantities of the other good, which has a higher and higher opportunity cost.
Moving nearer the horizontal axis in the PPF graph means producing more of the good that is shown on the horizontal axis, which will result in an increase in the opportunity cost of the other good. This is because in order to produce more of the good on the horizontal axis, we need to give up increasing quantities of the other good, which has a higher opportunity cost. Therefore, as we move closer to the horizontal axis, we will have to give up increasing amounts of the other good, which will increase its opportunity cost.
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Complete Question -
If production involves increasing opportunity cost, then moving nearer the horizontal axis will increase the opportunity cost of
a. the good that is shown on the vertical axis
b. not enough information is given to answer the question
c. both of the goods shown on the axes
d. neither of the goods shown on the axes
e. the good that is shown on the horizontal axis
meaning of occupation
Answer:
the meaning of occupation is the jobs or profession
bongseon and karim would like to form a corporation to provide string music education to children in their area. they want to form this business as a way to give back to the community and plan to have the children perform concerts in rest homes for older people who are unable to travel. bongseon and karim will most likely form a(n) .
Bongseon and Karim would most likely form a non-profit corporation or a 501(c)(3) organization, as their primary goal is to provide a service to the community rather than to generate profits.
What is organization ?A 501(c)(3) organisation or a non-profit business, as their main objective is to serve the community rather than make money. Charities, educational institutions, and other organisations with a goal of advancing social welfare or serving a philanthropic purpose frequently employ this sort of organisation. By establishing a non-profit organisation, they may qualify for tax exemptions and be able to accept contributions from people and businesses that are tax-deductible.To know more about organization , check out :
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at point a on the demand curve shown below, how will a 1 percent increase in the price of the product affect total expenditure on the product? a graph titled demand.the horizontal axis labeled quantity in units per week ranges from 0 to 20 in increments of 2. the vertical axis labeled price in dollars per week ranges from 0 to 8 in increments of 1. a line begins at point (0, 6) goes down to the right and ends at point (18, 0). the coordinates of a point a on the line are (6, 4). instructions: enter your response rounded to the nearest whole number. total expenditure will rise by about %.
The total expenditure will rise by about 1% when there is a 1 percent increase in the price of the product.
According to the total expenditure technique of price elasticity of demand, change in price, quantity, and total amount of money spent on anything can be used to determine demand. If a product's price goes up by 1%, the overall cost of purchasing it stays the same while the amount desired goes down.
Dr. Marshall provides the total spending approach to determine the price elasticity of demand. By analyzing the change in price and the subsequent change in the overall quantity of goods purchased and the overall amount of money spent on them, this method says it is possible to calculate the elasticity of demand.
If the product's price goes up by 1%, the total amount spent on it will remain unchanged, the quantity demanded falls, and there will be no effect on the amount spent overall. As a result, a 1% increase in price has no effect on the amount of total expenditure.
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Beginning Balance $1000
19-Jul ACH Outgoing Transfer $(730)
20-Jul Incoming App Transfer $1800
23-Jul ACH Incoming Transfer
$20
24-Jul E-bill Pay Utilities
$(100)
What is the ending
balance on this
account after
these transfers
are completed?
Answer:
the ending balance after these transfers are completed is $1990.
Explanation:
Beginning Balance: $1000
19-Jul ACH Outgoing Transfer: -$730
Balance after transaction: $1000 - $730 = $270
20-Jul Incoming App Transfer: +$1800
Balance after transaction: $270 + $1800 = $2070
23-Jul ACH Incoming Transfer: +$20
Balance after transaction: $2070 + $20 = $2090
24-Jul E-bill Pay Utilities: -$100
Balance after transaction: $2090 - $100 = $1990
what was the return on equity for young, inc. for 2010? use exhibit i. select an answer and submit. for keyboard navigation, use the up/down arrow keys to select an answer. a 11.35% b 18.54% c 22.23% d 23.19%
Young, Inc.'s rate of return on equity for 2010 was 18.54 percent.
What does equity mean exactly?In contrast to inequality, the word "equity" connotes justice and fairness: Equity entails acknowledging that not everyone starts from the same place and that inequities must be recognized and addressed, as opposed to equality, which refers to offering everyone the same thing.
How is equity determined?Entire assets minus total liabilities equals equity. A business's balance sheet will contain all of these numbers. Equity for a homeowner would be the home's value less any remaining interest payments or liens.
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How does larceny differ from embezzlement? Choose 2 answer choices. Violence is used. The intent could include taking the property temporarily. It requires that the property is entrusted to the perpetrator. The property can include non-physical assets. Clarence sneaks into his neighbor's yard and takes a bike to sell for cash.
The taking of another person's property without using force is referred to as larceny and is what most people consider to be common theft.
What is meant by the word "property"?
The word "property" refers to an item of legal rights that includes goods or wealth as a whole and often has a strong individual ownership connotation. The phrase in law refers to the complex of legal relationships that exist between and among individuals with regard to objects. In economics and political economy, there are three main categories of property: private property, public property, and communal property (also called cooperative property). Intangible assets are those that solely have potential or present value and have no inherent value of their own.
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a group of college students start a dog-walking service. at the end of the first month, they meet to discuss their business performance. which statement reveals sound economic thinking in their analysis?
Some college students launch a dog-walking business We must include in the money we may have made by working a few extra hours in addition to our costs.
Employees who work full-time typically receive better benefits and long-term contracts than those who work part-time. Workers might have access to paid time off, vacation days, healthcare benefits provided by the company, and employer-matched retirement plans.
An employee's schedule may be changed by their employer from full-time to part-time at any moment and for any cause. But the majority of states mandate that companies provide workers some kind of advance notice if switching from full-time to part-time status means losing pay.
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The best measure of long-run economic growth adjusts
A. nominal GDP for inflation and population.
B. nominal GDP for inflation.
C. nominal GDP for population.
D. real GDP for the base year.
Real GDP per capita is the best indicator of long-run economic growth.
What is real and nominal GDP?Nominal GDP is a measurement of a country's economic output that is not adjusted for inflation and is calculated by valuing goods and services produced at current market prices. Real GDP, on the other hand hand, is adjusted for inflation and reflects changes in purchasing power over time. It is calculated by valuing products and services produced at constant prices beginning with a base year. Real GDP is a more accurate measure of a country's economic growth because it eliminates the effect of price changes on the value of goods and services. Nominal GDP is useful for determining the value of economic activity in current dollars, whereas real GDP allows for meaningful comparisons over time.
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under ifrs, if the revaluation option is chosen, the excess of the fair value of property, plant and equipment over its book value is reported as
Under IFRS, if the revaluation option is chosen, the excess of the fair value of property, plant and equipment over its book value is reported as a revaluation surplus in equity.
Under IFRS, companies have the option to choose between the cost model and the revaluation model to account for their property, plant and equipment. If the revaluation model is chosen, the assets are revalued to their fair value at regular intervals. The excess of the fair value of the asset over its book value is reported as a revaluation surplus in equity.
Inferring that it is not declared on the income statement, the excess is thus put in the equity section of the balance sheet rather than the income statement. The amount of the original revaluation loss on the same asset must not be exceeded by the amount of the revaluation surplus before it can be given to shareholders as dividends.
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bestbrew corp. and true coffee inc. were two leading coffee manufacturing firms. they united and created a whole new firm called true brew inc. that used the best customer front-end and operational back-end processes of the two firms. this union is an example of a .
BestBrew Corp. and True Coffee Inc. were two leading coffee manufacturing firms. They united and created a whole new firm called True Brew Inc. that used the best customer front-end and operational back-end processes of the two firms. This union is an example of a merger. Option D is correct.
Mergers and acquisitions (M&A) are corporate transactions in which ownership of a company, other business organization, or its operational units is transferred to or merged with that of another firm or business organization. M&A, as a component of strategic management, may enable businesses to grow or shrink, as well as changing the nature of their business or competitive position.
A merger is a legal merging of two commercial companies into one, whereas an acquisition happens when one entity acquires the share capital, equity interests, or assets of another firm. A merger of equals is a partnership in which both CEOs agree that joining forces is in the best interests of both of their firms.
The complete question is:
BestBrew Corp. and True Coffee Inc. were two leading coffee manufacturing firms. They united and created a whole new firm called True Brew Inc. that used the best customer front-end and operational back-end processes of the two firms. This union is an example of a _____.
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which source of economic growth would not result in the rotation of the productivity curve from pc to pc1?
Increases in capital per worker source of economic growth would not result in the rotation of the productivity curve from pc to pc1
A society's capacity to generate and consume more often and better economic goods and services is known as economic growth. Even if the notion of income progress is simple, it can be challenging to measure. It's critical to remember that, contrary to popular belief, growth is not determined by increases in household income or by GDP that has been adjusted for inflation. Economic growth, in contrast, is the rise in the production of goods and services during two time periods. It can be calculated using both actual and nominal (inflation-adjusted) terms.
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which of these names the way in which producers regard taxes?
As part of the cost of production is the way in which producers regard taxes
Production costs are the expenses a business has to pay while producing a good or offering a service that brings in money for the business. Various expenditures, including labour, raw materials, continuous manufacturing supplies, and general overhead, might be included in production costs. Cost of production refers to all expenses a company incurs when producing a good or providing a service. Along with labour costs, production costs often include supplies and raw materials used during production. An important aspect of a company's production or manufacturing procedures is the cost of production. It often covers labour costs as well as the supplies and raw materials a business uses during production.
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Harris tree owns and operates a gaming center and completed the following transactions during April 2021, its first month of operations. Journalize the transactions
Recording the date, the accounts you're debiting or crediting from, and a short description of the transaction itself are all parts of keeping track of all your commercial transactions, or journalizing them.
How do you Journalize and post transactions?A business transaction is journalized when it is recorded in accounting records. Maintaining records calls for commitment and knowledge, especially for accountants. Every business process is documented chronologically in a journal, commonly referred to as a Book of Original Entry.
Identifying the account as well as the type of account is the first step. Choosing whether each account increases or decreases is the second stage. The third step is to journalize the transaction. Accumulated depreciation is the entire amount of depreciation and amortisation that has been applied to an asset since it was first used.
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two food delivery services merge, effectively reducing the number of corporations competing in the food delivery industry. this is an example of a(n)
Horizontal merger. Two food delivery services merge/merged, effectively reducing the number of corporations competing in the food delivery industry. this is an example of a(n) horizontal merger.
A horizontal merger is a merger or merger between companies in the same industry. Competition between companies operating in the same sector is usually more intense. In other words, the synergies and potential market share gains from corporate mergers are much greater.
This type of merger often occurs when large companies seek more efficient economies of scale. Conversely, vertical mergers occur when companies in different parts of the supply chain join forces to make production processes more efficient or reduce costs.
A horizontal merger is a merger of companies in the same industry. Creating one strong company instead of two competitors often leads to opportunities to eliminate competition.
Horizontal mergers can significantly increase revenue because the combined company has access to a wider variety of products and services.
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the average return for portfolio a over the past twelve months is 3%, with a standard deviation of 4%. the average return for portfolio b over this same period is also 3%, but with a standard deviation of 6%. the geometric mean return of portfolio a is 2.85%. the geometric mean return of portfolio b is:
The average return for portfolio an over the past twelve months is 3%, with a standard deviation of 4%. the average return for portfolio b over this same period is also 3%, but with a standard deviation of 6%. the geometric mean return of portfolio an is 2.85%. the geometric mean return of portfolio b is A less than 2.85%. Thus, option (a) is correct.
What is standard deviation?The term standard deviation is the part of the statistics economy. It was a measure of how spread the data is in relation to the mean. It was the measure of the value of the variation or dispersion.
Given, the amount:
R(A) = 0.03, SD(A) = 0.04,
R(B) = 0.03, SD(B) = 0.06
As per the shown as the has R(A) = 0.03, SD(A) = 0.04, a lower standard deviation on the closer as the arithmetic mean.
As per the shown as the has R(B) = 0.03, SD(B) = 0.06, a higher standard deviation on the higher as compare to the A. So, A less than 2.85%.
As a result, the significance of the standard deviation are the forementioned.
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Your question is incomplete, but most probably the full question was.
The average return for Portfolio A over the past twelve months is 3%, with a standard deviation of 4%. The average return for Portfolio B over this same period is also 3%, but with a standard deviation of 6%. The geometric mean return of Portfolio A is 2.85%. The geometric mean return of Portfolio B is:
A less than 2.85%.
B equal to 2.85%.
C greater than 2.85%.
how much money should be deposited annually in a bank account for five years if you wish to withdraw 5000 each year for three years
In this hypothetical scenario, an annual deposit of $2,888.17 for five years at an interest rate of 5% would be sufficient to fund withdrawals of $5,000 each year for three years.
To calculate the amount of money that should be deposited annually in a bank account for five years to withdraw $5,000 each year for three years, we need to consider the interest rate that the bank is offering and the time value of money.
Assuming that the interest rate offered by the bank is constant over the five-year period, we can use the present value formula to calculate the annual deposit amount:
[tex]PV = C * (1 - (1 + r)^-n) / r[/tex]
Where PV is the present value of the withdrawals (i.e., the total amount needed to fund the three years of withdrawals), C is the annual withdrawal amount, r is the annual interest rate, and n is the number of years of withdrawals (in this case, 3).
Substituting the given values, we get:
[tex]PV = $5,000 * (1 - (1 + r)^-3) / r[/tex]
To calculate the total amount that should be deposited over the five-year period, we can multiply the annual deposit amount by the number of years (i.e., 5):
Total deposit amount = Annual deposit amount * 5
The total deposit amount should be such that the present value of the withdrawals can be fully funded with the accumulated deposits plus interest earned.
Without knowing the interest rate, it's not possible to calculate the exact annual deposit amount. However, we can provide an example using a hypothetical interest rate of 5%:
[tex]PV = $5,000 * (1 - (1 + 0.05)^-3) / 0.05[/tex]
PV = $14,440.84
Total deposit amount = $14,440.84 / 5
Total deposit amount = $2,888.17 (rounded to 2 decimal places)
So, in this hypothetical scenario, an annual deposit of $2,888.17 for five years at an interest rate of 5% would be sufficient to fund withdrawals of $5,000 each year for three years.
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How much money should be deposited annually in a bank account for five years if you wish to withdraw 5000 each year for three years?
the following table contains financial information for abc before closing entries: cash $23,000 common stock 34,000 supplies 4,000 advertising expense 2,000 accounts payable 20,000 service revenue 30,000 salaries expense 3,000 prepaid rent 4,000 dividends 3,000 equipment 45,000 how many of the above accounts are permanent?
Six accounts are permanent, we can easily conclude based on the facts provided.
What are permanent accounts?The accounts that remain open throughout time are the ones that keep track of cumulative balances.
A prime example of a perpetual account is one that is receivable.
Asset, liability, equity, accounts payable, inventories, and investments are other examples of permanent accounts.
A temporary account can be seen on a company's income statement, which evaluates profit and loss over a period of time, whereas a permanent account can be found on a company's balance sheet, which gives a snapshot of what the company owns and owes at a single point in time. Include accounts for assets, liabilities, and equity.
So, according to the given information, we can easily state that there are six accounts that are permanent.
Therefore, six accounts are permanent, we can easily conclude based on the facts provided.
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how to short report outlining the major trends as it relates to the last five years worth of operating budgets for the boe
The following is a brief report on the hottest changes in BOE's operating budgets over the previous five years. Operating expenses increased by 20% from 2016 to £3.3 billion in 2020.
What is the short definition of a budget?You can determine how much you might very well spend each month by creating a written budget. Using a budget, you can make certain that you have sufficient funds each month. You could well run out of funds prior to your next paycheck if you don't have a budget. How much finances you make is revealed by your budget.
Budget one sentence: what is it?A budget is really the total sum of money allotted for a specific purpose over a specific time period.
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how to estimate the average number of days that elapses between the right to invoice customers and the recognition of the associated revenue
The average collection period measures how long it takes a company to collect accounts receivable payments due from its clients (AR).
Businesses check their cash balance to make sure they have enough to cover their debts on time using the average collection period. A crucial number for businesses that primarily rely on receivables for their cash flows is the average collection period, which serves as a gauge of how well a company manages its accounts receivable. The phrase "accounts receivable" in business refers to the sum of money that organisations owe a firm after making a purchase of goods or services. Customers are typically given credit by businesses when making these sales to them. Current assets (AR) are stated as a measure of a company's liquidity on their balance sheets.
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True or false? When deciding whether to buy a second car, the economic way of thinking indicates that the purchaser should compare the additional benefits of the second car with the additional cost of the second car.
True. When making a decision to buy a second car or any other economic decision, the economic way of thinking indicates that one should compare the additional benefits of the second car with the additional cost of the second car.
This is known as a cost-benefit analysis, which helps individuals and businesses make informed decisions based on weighing the pros and cons of a particular choice.
What is cost benefit analysis?
Cost-benefit analysis (CBA) is a technique used to evaluate the potential benefits and costs of a proposed project or policy. It is a systematic process that involves identifying, measuring, and comparing the expected benefits of a project or policy with its expected costs.
The goal of CBA is to determine whether the benefits of a project or policy outweigh its costs, and to provide decision-makers with a quantitative basis for evaluating alternative options.
The benefits and costs can be both monetary and non-monetary, and are usually expressed in terms of present value to account for the time value of money.
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Consider jasper’s balance sheet. what is the total value of jasper’s assets? what is the total value of jasper’s liabilities?
The entirety of your cash, the things you've bought, plus the money your clients owe you make up your assets. The total amount of money you owe creditors is your liabilities.
The whole value of the assets you own less the total amount of liabilities you owe equals your owner's equity, net worth, or capital.
Total liabilities are computed as the total of current liabilities and non-current liabilities, such as wages and interest due (e.g., long-term debt).
The total of all current and long-term liabilities from the balance sheet is known as the book value of total liabilities ($). Sales ($) = Income (including other income) from the Income Statement.
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Answer:
assets: $15,800
liabilities: $4,400
Explanation:
Which of the following are among the biggest challenges in conducting good marketing research?
(1) setting the research objectives
(2) identifying possible marketing actions
(3) Consumers may not be willing to reveal personal information.
(4) Consumers' stated intentions may not match their actual purchase behavior.
Consumers might not want to divulge their private information. It's possible that consumers' declared intentions and their actual purchasing behaviour differ. In a marketing research project, creating a research plan is the second phase.
What does being private mean?
Not publicly known or intended to be publicly known: a preference towards keeping personal matters private: highly valuing seclusion; aloof from company or observation. a personal getaway.
Private Content is any "User Content" that you upload, post, or otherwise transfer to a secure workspace or other privately accessible part of the website. As an example, "Private Content" is Customer Content that is stored on the Host but is inaccessible to outside parties.
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if $5,000 is borrowed on a discount basis and the rate is 10 percent, the annual percentage interest rate on this loan would be
If $5,000 is borrowed on a discount basis and the rate is 10 percent, the annual percentage interest rate on this loan would be 11.1%.
The interest rate is the amount/money that the lender charges the borrower, which is the principal - a percentage of the loan amount. Interest rates on loans are usually quoted at an annual rate known as the annual percentage rate (APR).
Interest rates may also apply to amounts derived from a bank or credit union savings account or certificate of deposit (CD). Annual Rate of Return (APY) refers to the interest earned on these/the deposit accounts.
Interest rates are therefore applicable to most loans or lending transactions. Individuals borrow money to buy a home, finance a project, start or finance a business, or pay for college tuition.
Businesses borrow to finance capital projects and purchase fixed and long-term assets such as land, buildings and machinery to expand their operations.
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The account used to summarize the owner's equity in a business is called capital.a. trueb. false
a. true. The account used to summarize the owner's equity in a business is commonly referred to as "capital."
It represents the residual interest in the assets of the business after deducting its liabilities.
In a business, the owner's equity represents the amount of money or assets that the owner has invested in the business, along with any profits or losses earned by the business. The account used to summarize this equity is commonly referred to as "capital." This account represents the ownership interest of the business owner, and it is typically listed on the balance sheet alongside the business's assets and liabilities. By tracking the capital account, the owner can see how much of their own money is tied up in the business, and how much the business is worth overall.
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jack has been asked to create an e-portfolio. he is confused about the purpose. he feels like he already submitted his different assignments. how will his e-portfolio be different? can you help jack?
An e-portfolio is a digital collection of a student's work, typically created over a period of time and showcasing their learning and growth in a particular subject or field.
The purpose of an e-portfolio is to provide a more holistic view of a student's learning experience. It enables students to reflect on their learning, identify their strengths and weaknesses, and set goals for the future. In addition, e-portfolios allow students to demonstrate their skills and achievements to potential employers, graduate schools, or other interested parties.
Unlike individual assignments, an e-portfolio is not limited to a single assignment or class. It can include a variety of work, such as papers, presentations, projects, and even extracurricular activities, that demonstrate the student's skills and knowledge. It also allows for more creativity in how the work is presented and organized, as it is not restricted to a particular format or template.
In summary, an e-portfolio is a comprehensive record of a student's learning journey that goes beyond individual assignments. It showcases the student's skills, knowledge, and achievements and allows for more creativity in presentation and organization.
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What did madame cj walker create that help her achieve success?
Madam C. J. Walker create that help her achieve success was the hair care and beauty products for African Americans sale.
Who is Madam C. J. Walker?Madam C.J. Walker was the born on the 23 December 1867 and the died on the 25 May 1919. Her full name was Sarah Breedlove. Her children name is A'Lelia Walker. He was the invented the hair-straightening formula and the comb heat to straight.
According to the Madam C. J. Walker, were the African Americans popular entrepreneurs. He was success on the invented the hair-straightening formula. She was the sale of hair care and beauty products.
As a result, the significance of the Madam C. J. Walker are the aforementioned.
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marketers understand that, compared to high school graduates who are working full time, college students:
It's difficult to make a broad generalization about college students compared to high school graduates who are working full time, as there are many individual factors that can impact their behaviors and preferences.
However, there are some trends that marketers may take into consideration when targeting college students.
First, college students may have more disposable income than high school graduates who are working full time. This is because college students may receive financial support from their parents or through scholarships, grants, or loans.
They may also work part-time jobs while in school, which can provide additional income. This disposable income may be spent on various consumer goods and services, such as clothing, electronics, entertainment, and travel.
Second, college students may be more open to trying new products and services, as they are often in a phase of life where they are exploring new interests and developing their own identities. This makes them a prime target for new product launches, promotions, and marketing campaigns.
Third, college students may be more digitally connected than high school graduates who are working full time. They are likely to be heavy users of social media, online shopping, and mobile devices, and may prefer to receive marketing messages through these channels.
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According to laissez-faire economists, the cure for poverty was. a) welfare. b) laws requiring factories to increase wages. c) an unrestricted market.
Welfare, in the opinion of free-market economists, was the answer to poverty. regulations that increase factory salaries significant reform movements.
What is the job of an economist?
The production and distribution of resources, goods, and services are studied by economists through data collection and analysis, trend research, and evaluation of economic concerns. For his groundbreaking theories in the areas of free trade and free gross domestic product, Adam Smith is regarded as the founder of economics. For his groundbreaking theories in the areas of free trade and free gross domestic product, Adam Smith is regarded as the founder of economics.
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what is the meaning of cost distortion?
Cost distortion happens when a commodity's price is not determined by market forces. When the overhead costs are not correctly allocated, these distortions also happen.
What is distortion effect?
The distortion produced by vacuum tubes, transistors, or digital circuitry is simulated via distortion effects. Before the development of digital audio technology, vacuum tubes were utilized in audio amplifiers. Today, they are still utilized in the amplifiers for musical instruments.
A alteration, twist, or exaggeration that alters the appearance of something makes it appear different from how it actually is. An image, a thought, or even an idea might be distorted. It would be inaccurate to claim that I never take out the trash.
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True or false? When deciding whether to buy a second car, the economic way of thinking indicates that the purchaser should compare the additional benefits of the second car with the additional cost of the second car.
True. When making a decision to buy a second car or any other economic decision, the economic way of thinking indicates that one should compare the additional benefits of the second car with the additional cost of the second car.
This is known as a cost-benefit analysis, which helps individuals and businesses make informed decisions based on weighing the pros and cons of a particular choice.
What is cost benefit analysis?
Cost-benefit analysis (CBA) is a technique used to evaluate the potential benefits and costs of a proposed project or policy. It is a systematic process that involves identifying, measuring, and comparing the expected benefits of a project or policy with its expected costs.
The goal of CBA is to determine whether the benefits of a project or policy outweigh its costs, and to provide decision-makers with a quantitative basis for evaluating alternative options.
The benefits and costs can be both monetary and non-monetary, and are usually expressed in terms of present value to account for the time value of money.
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