Personal advisors check the monetary desires of people and help them with choices on investments (inclusive of shares and bonds), tax legal guidelines, and coverage. Advisors help clients plan for quick- and lengthy-term desires, which include budgeting for training charges and saving for retirement thru investments.
A financial advisor is worth the money in case you are unsure approximately a way to control your cash, make investments in your destiny, and cope with your own family. expert monetary advice may be wanted at various turning factors on your lifestyles: if you have a toddler, get a promoting, or come into an inheritance.
A monetary planner is a professional who allows people and companies create a strategy to meet lengthy-time period monetary desires. "financial marketing consultant" is a broader category that also can consist of agents, cash managers, insurance dealers, or bankers. there's no single body in price of regulating monetary planners.
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What is one of the main differences between a bank and a credit union group of answer choices?.
Credit unions may have low-interest rates on loans and lower fees than banks.
What is credit union?Credit unions are financial cooperatives that are nonprofit. Any profits are returned to the credit union's members in the form of increased interest rates on savings accounts and lower interest rates on loans. On the other hand, banks are for-profit businesses that only distribute their profits to their stockholders.
Members of credit unions benefit from greater savings rates, lower loan rates, and cheaper fees because they are member-driven and not-for-profit organizations.
Credit unions are able to give their members lower fees, better interest rates on loans, and higher yields on savings because they are less concerned with generating a profit than banks are.
Commercial banks and credit unions differ significantly in that they: Commercial banks are profit-oriented and provide credit.
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which of the following is an involuntary property transfer in which a person acquires ownership of real property by treating the property as his or her own?
Adverse possession is an involuntary property transfer in which a person acquires ownership of real property by treating the property as his or her own
Adverse possession- Adverse possession, also known as "squatter's rights," is a legal principle in Anglo-American common law that allows a person who does not have legal title to a piece of property—usually land (real property)—to acquire legal ownership through continuous possession or occupation of the property without the permission (licence) of its legal owner. Possession by a person is not detrimental if they are in possession as the legal owner's tenant or licensee.
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(revenue/capital) expenditures are additional costs of plant assets that do not materially increase the asset's life or capabilities.
A revenue expenditures are additional costs of plant assets that do not materially increase the asset's life or capabilities.
What is a revenue expenditures?In economics, a revenue expenditures are those short-term expenses used in the current period or typically within one year. They include the expenses required to meet an ongoing operational costs of running a business and thus are essentially the same as operating expenses.
Furthermore, the revenue expenditures also include the ordinary repair and maintenance costs that are necessary to keep an asset in working order without substantially improving or extending the useful life of the asset
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a real estate agent wants to estimate the average age of those buying investment property in his area. he randomly selects 15 of his clients who purchased an investment property and obtains the data shown. assume that s
95% confidence interval for the mean age for all the real estate agent's clients who purchased an investment property is approximately
[41, 48] years.
n=15
x' = Σx/n
x = 670/15
x' = 44.67
The sample standard deviation:
s = √Σ(x-x')^2/n-1
s = 6.79
The confidence level = 0.95
the significance level α = 0.05
Degrees of freedom
Df = n-1
Df = 14
[tex]T_{crictical}=t_{a/2,Df}[/tex]
= ±2.14
95% confidence interval
∪ = x' ± t.s/√n
∪ = 44.67 ± 2.14×6.79/√15
∪ = 44.67 ± 3.75
95% confidence interval for the mean age for all the real estate agent's clients who purchased an investment property is approximately
[41, 48] years.
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Other things held constant, if a bond indenture contains a small provision, the yield to maturity that would exist without such a call provision will generally be ______ the YTM with it. (A) higher than (B) lower than (C) the same as (D) either higher or lower, depending on the level of call premium (E) unrelated to Could you explain how you got the answer. Thank you.
If a bond indenture contains a small provision, the yield to maturity that would exist without such a call provision will generally be lower than the YTM with it.
What is bond indenture?The agreement that goes with a bond is called a bond indenture. The conditions of a bond indenture detail the characteristics of the bond, any limitations placed on the issuer, and the consequences that will follow if the issuer is unable to make payments on time.
A bank or other financial organization is the trustee for the bond indenture. Bondholders' needs for financial and legal support are the main responsibilities of trustees.
A bond issuer and bondholders enter into an indenture arrangement. The terms of the bond and how the bond is handled on a daily basis are all covered by the indenture agreement, a technical document.
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in a large open economy, why is the supply curve for loanable funds upward sloping? a higher real interest rate discourages domestic consumers from buying foreign assets. a lower real interest rate encourages people to save. a lower interest rate makes borrowing more expensive. a higher real interest rate encourages people to save.
In a large open economy, due to a higher real interest rate encourages people to save the supply curve for loanable funds upward sloping.
Supply curve:
Supply curve is the graphic representation of the relationship between product price and quantity of product that a seller is willing and able to supply.
Given,
Here we need to find in the open economy, why is the supply curve for loanable funds upward sloping.
While we looking into the given situation we have identified that the supply curve for loanable funds upward sloping when the interest is high.
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g any amount converted from a traditional ira to a roth ira is: included in taxable income if it is a return of basis. not included in gross income. not subject to the 10% early withdrawal penalty at the time of conversion. subject to the 10% early withdrawal penalty at the time of conversion.
A 10% early-distribution penalty may also apply to distributions of earnings that are a part of a non-qualified payout. These distributions are taxable.
Are Roth conversions subject to the 10% early withdrawal penalty?The amount you convert from a traditional to a Roth IRA is not subject to the 10% early withdrawal penalty tax even though it is considered taxable.
A 10% Roth IRA early withdrawal penalty may apply if you withdraw contributions before the five-year window has passed. This constitutes a fine for the entire distribution. Ordinarily, you must pay a 10% penalty on the amount you converted. Each conversion is subject to a separate five-year timeframe.
You'll pay a price from the IRS. The IRS typically imposes a 10% penalty when you file your tax return if you remove money from your 401(k) before you are 5912 years old. The might entail paying the government $1,000 or 10% of that withdrawal of $10,000.
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you purchased eight pangolin corporation call options with a strike price of $30.00 at a quoted price of $.29. what is your total profit on this investment if the price of pangolin is $32.40 on the option expiration date?
On the expiration date the total profit would be 3.40$ for eight pangolin corporation call options with a strike price of $30.00 at a quoted price of $.29.
The motivation behind buying a call optionBuying a call option provides the main advantage of amplifying stock price gains. For a very little up-front deposit, you can profit from stock gains over the strike price until the option expires. Therefore, if you are buying a call, you normally expect the stock to rise before expiration.
What makes the call option a call?An open auction is one in which bidders announce their prices for items that are being sold. So, by having the ability to call the strike price, a call option effectively gives you the right to purchase the underlying asset.
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depending on the demand for a monopolistically competitive firm's product, it may have economic profits, losses, or normal profit.monopolistically competitive firms usually have economic profit.monopolistically competitive firms usually have normal profit.monopolistically competitive firms usually have losses.
Depending on the demand for a monopolistically competitive firm's product, it may have economic profits, losses, normal profit is appropriate response.
What is monopolistically competitive firm?When a large number of businesses provide rival goods or services that are comparable but imperfect alternatives, monopolistic competition exists. A monopolistic competitive industry has minimal entry requirements, and decisions made by any one firm do not immediately affect those of its rivals.
Monopolistic competition is a form of imperfect competition when numerous manufacturers compete with one another yet sell various items that are not exact substitutes for one another.
Hence, the appropriate response is statement 1.
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when an investor receives the same dollar amount at the same time period for multiple periods, these payments are called a(n):
When an investor receives the same dollar amount at the same time period for multiple periods, these payments are called a(n): Dollar cost averaging.
Dollar cost averaging is a method of investing where a set sum of money is used to make regular stock purchases. This kind of technique seeks to lessen risk by attempting to reduce volatility. The practice of investing a set dollar amount on a regular basis, independent of the share price, is known as dollar cost averaging.
The fundamental problem with this investment approach is that it ignores the fact that stock prices vary often yet, overall, exhibit an upward trend over the long term.
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which of the following people can help with designing electronic slides used in important business presentations? (choose every correct answer.)
The following people can help design electronic slides used in important business presentations:
public relations expertsexternal professionalsinternal specialistsWhat are electronic slides?An electronic presentation slides is employed to show information. This information is normally displayed in the view of a slide show – the information is shown on a slide which is viewed on a computer's monitor, or beamed on a screen using a LCD projector.
Therefore, the correct answer is as given above. On this basis, people that help design electronic slides are public relations expert, external professional and internal specialists.
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The complete question goes thus:
Which of the following can help design electronic slides used in important business presentations?
public relations experts
external professionals
inner-specialists
a group of stocks and or bonds selected and managed by a professional manager sometimes preferred by professionals and workers too busy to manage their investments
A group of stocks and or bonds selected and managed by a professional manager is sometimes preferred by professionals and workers too busy to manage their investments in mutual funds.
A stock is a collection of shares owned by a single investor that represents a share of a company's assets and earnings. Mutual funds, on the other hand, are pools of funds from multiple individual investors that are further invested in a portfolio of assets.
Group A represents companies that are highly liquid and actively traded on the stock exchange. You should also be aware that all trades in securities falling under this group will be settled according to the normal ongoing settlement process. A mutual fund is a type of investment vehicle that pools money raised from different investors and invests it in various assets such as bonds stocks and money market investments.
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According to the circular ßow diagram, which of the following do households purchase from businesses?Wages and interestFactors of productionFinal goods and servicesTaxes and subsidies.
The circular flow graphic indicates that the final goods and services that households buy from enterprises.
In the circular flow concept, what exactly are households?In the circular flow model of the product market, households act as consumers of products and services. They patronize companies to purchase goods and services. They use the money they made in the resource market to pay for these goods and services. Consumer "expenditures" are another term for spending.Using the product market, firms sell goods and services to households. Businesses, however, require resources in order to provide goods and services.The circular flow graphic indicates that the final goods and services that households buy from enterprises.To learn more about Circular flow model refer to:
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What are some factors to consider when choosing a checking account which is most important to you?.
Insurance, in-person vs online banking, deposit and minimum balance requirements, fees, interest rates, ATM accessibility, and mobile apps are some of the contributing elements.
What is account short answer?An account is a condensed record of the pertinent transactions associated with a specific head. It keeps track of the volume of transactions as well as their outcomes and directions. A cash account, for instance, will display all of the cash received and spent.
What is account and its types?Real, personal, or notional accounts are three different types of accounts used in accountancy. The 2 categories of real account are then determined: tangible real account and intangible genuine account. Additionally, there are three distinct subtypes of personal accounts: natural, representative.
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in projecting sales, you look at other similar companies in similar areas to see what information you can discover. this forecasting technique is known as:
In projecting sales, you look at other similar companies in similar areas to see what information you can discover. This forecasting technique is known as the competitive approch.
A competitive approch is a method that includes researching important competition to advantage insight into their products, sales, and advertising methods. imposing more potent enterprise strategies, heading off competition, and shooting marketplace percentages are only a few advantages of undertaking a competitive marketplace evaluation.
Aggressive advantage refers to elements that permit an employer to supply goods or offerings better or more affordably than its rivals. those factors permit the efficient entity to generate more sales or superior margins as compared to its marketplace opponents.
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kareem is a human resource specialist at a company with a promote-from-within policy. based on that policy, what method should he include in his recruiting efforts to fill an open position for an accounting supervisor?
The method that Kareem should include in his recruiting efforts to fill an open position for an accounting supervisor is internal candidates as the primary source for recruitment.
What is the promote-from-within policy?A promote-from-within policy is an important tool for companies to ensure they are constantly developing the skills and talents of their existing staff. This policy encourages employees to stay with the company and motivates them to work harder and learn more, as they know there will be opportunities for them to progress through the organization. It also helps to create a greater sense of loyalty to the organization and can lead to increased job satisfaction and morale among employees.
Kareem should use internal candidates as the primary source for recruitment. He should first look to existing employees who have the right skill set and experience to fill the open position. He should also consider employees who have shown the potential to excel in the role, even if they don't have the exact qualifications. By promoting from within, he can ensure that the company culture and values are maintained and that the new supervisor is well-versed in the company structure and operations.
It can be concluded that the method that Kareem should include in his recruiting efforts to fill an open position for an accounting supervisor is internal candidates as the primary source for recruitment.
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Hewlett and Martin are partners. Hewlett's capital balance in the partnership is $60,000, and Martin's capital balance $57000. Hewlett and Martin have agreed to share equally in Income or loss. Hewlett and Martin agree to accept Block with a 25% interest. Black will invest $31,000 in the partnership. The bonus that is granted to Black equals: Multiple Choice $6.167 $6,000 $3,000 $0, because Black must actually grant a bonus to Hewlett and Martin $3.083
The bonus that is granted to Black is $6,000, If he invest $31,000 with the interest of 25% in total capital of $1,17,000.
How to calculate bonus ?Bonus shares are extra shares that are given to current shareholders at no additional cost based on how many shares they currently own. These are the company's accumulated earnings that are converted into free shares rather than being distributed as dividends.
By increasing the issued share capital of the firm through the issuance of bonus shares, the company appears to be larger than it actually is, attracting investors. Additionally, as more shares are outstanding, the price of the stock falls, making it more accessible to individual investors.
Let plug in the formula
Total Partnership Equity = $60,000 + $57000 + $31,000
Total Partnership Equity= $1,48,000
Second step is to calculate the Equity for Block
Equity for Block = $1,48,000* 0.25 =
Equity for Block =$37,000
Now let calculate what Bonus to Block equals using this email formula
Bonus to Block = Block's Capital - Cash Investment
Let plug in the formula
Bonus to Block = $37,000 - $31,000
Bonus to Block= $6,000
Therefore the bonus that is granted to Black equals: $6,000
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what are some risks associated with involving employees in pay-related decisions? (select all that apply.)
The process of creating and administering are some risks associated with involving employees in pay-related decisions.
What is a disservice of a legitimacy pay framework?
Merit pay plans might make issues in representative connections, issues in confidence connected with envy, dread, preference, unwanted contest, and occupation weakness. Merit programs will quite often foster disruptive and cutthroat mentalities instead of collaboration among representatives.
What dangers are implied with a compensation for execution plan?
One normal issue is that frequently no time or cash is planned to keep conveying after the underlying carry out of the program. Another normal issue is a distinction between what the HR or Remuneration Experts accept is the reason for the arrangement versus the executives' genuine reason.
What is the greatest disservice of base compensation?
Base compensation does excluding any rewards, benefits or some other monetary by the business. Every one of association at some point practice various types of compensation paid for instance, paid in month to month, week after week, day to day or even piece rate. Different association practice different compensation types.
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What is a discretionary example?.
A discretionary example is when an individual or institution has the freedom to make decisions about how to allocate resources and act on their own initiative.
What is discretionary?
Discretionary refers to the freedom of choice. You can choose not to take regular baths if you wish; keep in mind, though, that your friends might disagree together on this. Bathing is a discretionary act. Money that isn't set aside for a specific use is frequently referred to as discretionary funding. The decision regarding how discretionary monies should be utilized rests with those in charge. If you're given an assignment to complete at ones discretion, you can choose how to do it or whether you want to do it at all. The word discretionary is derived from the term discretion, which has the potential to mean "the right to decide stuff based on one's own judgement."
For example, a discretionary fund manager has the ability to make decisions about which stocks and bonds to buy and sell without having to consult a client.
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the keynesian economic framework is based on an assumption that: an increase in government spending will cause the aggregate demand curve to shift to the left. prices and wages are sticky and do not adjust rapidly. an increase in government spending will cause the aggregate supply curve to shift to the left. people can afford a high level of government services.
The Keynesian economic framework is based on an assumption that: B. prices and wages are sticky and do not adjust rapidly.
Who is John Maynard Keynes?John Maynard Keynes was a famous British economist during the Great Depression and he was born on the 5th of June 1883. During the Great Depression, John Maynard Keynes advocated and promoted expansionary actions to encourage economic recovery, which was typically part of the Keynesian economic framework.
According to the Keynesian economic framework, it is assumed that both prices and wages are considered as being sticky and as such, they do not adjust rapidly, which makes an economy's recovery from a recession to be very slow.
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On January 1, 2021, the Highlands Company began construction on a new manufacturing facility for its own use. The building was completed in 2022. The company borrowed $1,500,000 at 8% on January 1 to help finance the construction. In addition to the construction loan, Highlands had the following debt outstanding throughout 2021(Hint: use Weighted-average rate of these two other debts):
$5,000,000, 12% bonds
$3,000,000, 8% long-term note
Construction expenditures incurred during 2021 were as follows:
January 1 $ 600,000 March 31 1,200,000 June 30 800,000 September 30 600,000 December 31 400,000
The total amount of interest= 177,750
1/1 600,000*12/12= 600,000
3/31 1,200,000*9/12=900,000
6/30 800,000*6/12=400,000
9/30 600,000*3/12=150,000
12/31 400,000*0/12=0
the weighted average cost of = 2,050,000
5,000,000*.12=600,000
3,000,000*.08=240,000
840,000/8,000,000=10.5%
2,050,000-1,500,000=550,000
1,500,000*.08=120,000
550,000*.105=57,750
the total amount of interest= 177,750
Weighted Average Cost (WAC) – what is it?
The COGS and inventory amounts are determined using a weighted average in the Weighted Average Cost (WAC) technique of inventory valuation in accounting. The weighted average cost approach divides the price of the items up for grabs by their quantity of them. Under IFRS accounting as well as GAAP, the WAC approach is acceptable.
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Monopoly profit will _____ when a monopolist goes from single-price monopoly to perfect price discrimination.
If a monopoly can perfectly price discriminate, it produces no deadweight loss and is more efficient than a single-price monopoly.
What is a monopoly?
When there is just one seller in the market, the situation is known as a monopoly. In traditional economic theory, the monopolistic situation is seen as the complete antithesis of perfect competition. When a business has a monopoly, its product is sold only and there are no close alternatives. Unchecked monopolies have the capacity to determine prices and control the market. Examples include the relationship between Microsoft and Windows, DeBeers and diamonds, and your local gas company. The most well-known American monopolies to date include The American Tobacco Company, The Standard Oil Company, and Andrew Carnegie's Steel Company. The historical importance of these businesses is essentially what makes them noteworthy.
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FILL IN THE BLANK. the use of meetings outside of accepted work hours to get a project back on schedule is an example of___reinforcement to motivate project performance
It is an example of Negative reinforcement to motivate project performance
What are the factors affecting the performance of employees?There are many variables that affect an employee's performance at work. The term "ability" describes a worker's aptitude, education, training, and work history. The likelihood is that a worker with more knowledge or experience will perform more effectively than someone with fewer skills.In order to succeed at a particular task, one must be motivated. The creation of a supportive environment that encourages employees to perform at their best is one of management's most fundamental duties.In essence, situational factors are organisational traits that vary across organizations. It depends on the organisational design, management style, and culture of the company. Employee performance is affected by these variables.To learn more about factors affecting the performance of employees refer to:
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Account planning A process that involves conducting research and gathering all relevant information about a client's product or service, brand, and consumers in the target audience.
Account planning A process that involves conducting research and gathering all relevant information about a client's product or service, brand, and consumers in the target audience.
Market studies is described because the method of comparing the feasibility of a brand-new product or service, thru studies carried out without delay with capacity consumers. This approach permits businesses or corporations to find out their goal market, acquire and file evaluations and make knowledgeable decisions.
The innovative professional or crew is accountable for growing a powerful manner to talk the marketer's message to each client and non-clients and strengthen the emblem positioning strategy.
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For a production budget and a direct materials budget, if a beginning inventory number is not given in the exercise, how can be determined?.
determines the quantity of direct raw materials that must be purchased each period to achieve the anticipated production.
What forms the basis for establishing the direct materials budget?
How is a direct materials budget determined?
The direct material budget for the period is calculated by adding the initial materials on hand, the costs of adding more inventory, and the costs of removing existing inventory.
How do you locate the desired ending inventory in a manufacturing budget?
The basic formula is that ending inventory equals beginning inventory + net purchases less COGS. Your starting inventory is the ending inventory from the prior period.
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in light of the high costs associated with finding new customers who feel that a brand can meet their relevant needs and are willing to exclude competitors, today's companies are using blank segmentation and investing in initiatives to retain their most profitable customers.
In light of the high costs associated with finding new customers who feel that a brand can meet their relevant needs and are willing to exclude competitors, today's companies are using loyalty segmentation and investing in initiatives to retain their most profitable customers.
For an instance, the 4 varieties of segmentation are Demographic, Psychographic Geographic, and Behavioral. those are common examples of the way corporations can section their market via gender, age, lifestyle, and so on.
Permits discovered what every one of them manner to your enterprise. a component reduce from a geometrical determined by means of one or more points, traces, or planes: such as. : the vicinity of a circle bounded with the aid of a chord and an arc of that circle. : the part of a sphere cut off through an aircraft or included between two parallel planes.
The goal of market segmentation is to help organizations understand the awesome businesses of consumers that make up their market. by using grouping human beings with comparable traits and attributes, entrepreneurs can efficiently target the segments that are maximum treasured by their business.
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A type of visible marketing influence that appears to the viewer as ads framed around narrative content is called.
A type of visible marketing influence that appears to the viewer as ads framed around narrative content is called a paid display advertising.
What is a paid display advertising?Basically, a display advertising are the type of digital advertising where ads that promote brand, product, or service are displayed on a network of publisher websites using image, video, and text. They all come in variety of shapes and sizes that leverage depending on the purpose of your ad and the device on which that ad will render and these ads appear within the content, as well as at the top, bottom, and side of a webpage.
Most time, a display ads are a paid advertisements shown on websites, apps, or videos based on a specific set of keywords that are matched to the hosting website’s topic. These display can be in form of text, image, and video ads.
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suppose that the economy is hit by a negative real shock, such as a rapid oil price increase. what effect will this have on the price level?
There would be a leftward shift in the Solow growth curve.
What is a Solow growth model?A short-term equilibrium is achieved using the Solow Growth Model, an exogenous neoclassical model of economic growth that emphasizes growing capital accumulation, technological advancement, and labor. It demonstrates that all economies will converge or reach a steady state at the same rate of labor, savings, depreciation, and production growth. The newest economic growth theories are built on the Solow model. The higher economic growth of developing countries can now be explained using this approach. Additionally, it had correctly anticipated that China's economy would rise quickly relative to that of western countries and that war-scarred Germany and Japan would recover economically more quickly.
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if a store owner is doing her best to minimize cost, why is it still true that total variable cost has to increase when output increases?
If a store owner is doing her best to minimize cost, it is still true that total variable cost would increase because to maximize the output, you need to enhance the input.
In the field of business, the variable cost can be described as a cost that changes according to the demand of a company.
When you need to increase the output, you also need to increase the input. This is because more input or work will be required to produce more output.
More input needs to be hired in order to increase the output. This means that the variable cost would increase in order for the output to be increased by the store owner.
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galileo buys a copy of the book hip hop. later, after reading the book, galileo sells the book to his sister inez. this sale of the book is: group of answer choices legal only if he sells it for less than he paid for it. legal only if the copyright has expired. illegal. legal.
This sale of the book is Legal.
What is sales?
Sales are actions involving the sale of goods or the volume of goods sold within a specified time frame. A sale also includes the provision of a service for a fee. In response to the an acquisition, appropriation, request, or even a direct interaction with the customer at the point of sale, the seller or provider of the goods or services completes a sale. Title (property as well as ownership) of the item is transferred, and a price is settled, meaning a price is agreed upon for which the ownership of a item will transfer. The sale is typically carried out by the seller rather than the buyer, and it may be finished before the debt is due.
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