6 pizza slices. John will buy that amount of pizza for which his total utility is maximized. Whole utility is the total amount of pleasure or fulfilment a consumer experiences as a result of using a particular good or service. Marginal utility, or the pleasure a consumer has from consuming one more unit of an item or service, is sometimes contrasted with total utility.
Total utility is the total additional or marginal utility that results from each additional unit of consumer. So, in order to determine the overall utility derived from a given commodity, a customer must add up all marginal utilities up to the last unit of consumption.
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A firm with market power has an individual consumer demand of q = 20 − 4p and costs of c = 4q. what is the optimal price to charge for a block of 4 units?
$4, is the optimal price to charge for a block of 4 units.
Market power is the ability of a firm to influence supply, demand, or both in order to change the price of a product in the marketplace.
A corporation with significant market power has the power to control its profit margin by manipulating the market price. It may also be able to raise barriers for potential new entries into the market.
Because they may set or change the retail price of an item without giving up market share, companies with market power are frequently referred to as "price makers."
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If the aircraft turns to the heading indicated by the heading marker, it will?
The u.s. award recognizing firms that meet customer needs, produce high-quality products, and have customer satisfaction ratings that are better than those of competitors is known as the?
The US an award that recognizes corporations that meet patron desires, produce merchandise, and feature internal operations, is referred to as: The Malcolm Baldrige national quality award.
The criteria focus on managing all additives of a company as an entire, cybersecurity dangers, and knowledge of the function of danger control within a systems angle of organizational performance management.
The Malcolm Baldrige country-wide great Award was mounted through Congress to promote advanced high-quality products and offerings in U.S. groups and agencies. The purpose of the Malcolm Baldrige country-wide pleasant improvement Act of 1987 (Public law one hundred-107) became to decorate the competitiveness of U.S. companies.
Each applicant's organizational overall performance effects may be discovered in class 7. Winners in 2020 were GBMC – more Baltimore scientific middle, and Wellstar Paulding health center in Hiram, Georgia. Winners in 2019 have been Adventist Health White Memorial, in East los Angeles, and Mary Greeley scientific center in Ames, Iowa.
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If the price of pepsi decreases, other factors constant, then we'd expect to see a consequent shift of the demand curve for:______.
If the price of Pepsi decreases, other factors constant, then we'd expect to see a consequent shift of the demand curve for Coke to the left.
The relationship between the cost of an item or service and the quantity demanded over a specific time period is represented graphically by the demand curve. The price and quantity demanded are often represented with the price on the left vertical axis and the horizontal axis, respectively.
Demand curves can be divided into four categories:
elastic, inelastic,individual, and market curves.When firms decide on prices, the demand curve can be a crucial instrument. This is so that the demand curve can display both the price at which consumer response declines and the price at which the greatest demand is elicited.
According to the demand curve, there is an inversely proportional relationship between a commodity's price and demand, causing the demand curve to normally slope downward. The impacts of all variables affecting demand outside price are represented by the constant a.
Many variables affect how the demand curve shifts. The shift, for instance, takes place when the demand curve shifts to the right or left. There are several elements that influence the shift:
The merchandise gains acceptance.The price of things has increased.The cost of the additional goods and services rises.The incomes produced are increasing.The supply and demand curve subsequently shifts as a result of all the aforementioned causes.
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Acc 450 specific misstatement in one of a client's 2,000 accounts receivable is referred to as a(n)?
Specific misstatement in one of a client's 2,000 accounts receivable is referred to as a factual misstatement.
Factual misstatement refers to a misstatement found by the auditor that is due to incorrect pricing on a sales invoice in accounts receivable. When there is no doubt that an item on a financial document is incorrect then it is a factual misstatement.
Here an auditor will know that a misstatement is factual because they will check your records to find the correct item instead. For instance, listing an inventory purchase as a profit instead of a loss.
Hence, the answer is given and explained above.
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Companies like my gym, which seek to do business in new markets for manufacturing and/or marketing purposes, have many potential ________ at their disposal.
Companies like my gym, which seek to do business in new markets for manufacturing and/or marketing purposes, have many potential Entry modes at their disposal.
What is marketing ?Marketing is the process of discovering, developing, and delivering value in the form of goods and services to fulfill the needs of a target market; it may also include the selection of a target audience.
Brand marketing is a method of promoting your product or service by promoting your entire brand. Essentially, it conveys the tale of your service or product by stressing your entire brand.
Distribution, finance, market research, pricing, product and service management, promotion, and selling are the seven functions of marketing in the marketing sector.
Properly studied and targeted marketing will bring in new and recurring customers.
Current and previous consumers' feedback might help identify areas for development.
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In many professional sports leagues, one team is not allowed simply to purchase a player from another team, so they have to trade which requires?
In many professional sports leagues, one team is not allowed simply to purchase a player from another team, so they have to trade which requires a double coincidence of wants. The coincidence of wants, also known as the double coincidence of wants.
It is a phenomenon in which two parties, each of whom is in possession of an object that the other desires, directly swap these items without the need of money. This has frequently been cited in economics as the basis of a trade in economy. However, professional research has not proven that this barter model actually operates in the real world.
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________ appeals help consumers make purchase decisions by offering factual information that encourages consumers to evaluate the brand favorably on the basis of the key benefits it provides.
Informational Appeals help consumers make purchase decisions by offering factual information that encourages consumers to evaluate the brand favorably on the basis of the key benefits it provides.
What is Informational Appeals ?It allows you to showcase the product's qualities and the benefits that a buyer will gain when using the goods. It is an effective method of persuading them that your product is something they truly require and can use. Con: Informative advertisements can be boring.
Aristotle proposed three types of argumentation arguments: logical, ethical, and emotional appeals.
Ebooks, "How-to" videos, blogs, and brochures are all examples of informational marketing because they provide a detailed description of a service or product and what makes it unique in the business.
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A ________ rate means the value of the currency is fixed relative to a reference currency and then the exchange rate between that currency and other currencies is determined by the reference currency exchange rate.
Answer:
it'll be the currency rate
When the Federal Reserve wants to buy or sell U.S. Treasury bonds, the Fed makes these transactions with the:
When the Federal Reserve wants to buy or sell U.S. Treasury bonds, the Fed makes these transactions with the General public.
The U.S. imperative banking device—the Federal Reserve, or the Fed—is the most effective economic organization in the u.s.a., possibly the arena. Its core obligations encompass setting interest rates, handling the money deliver and regulating economic markets.
The Federal Reserve machine is a significant banking gadget in us. It became created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of monetary panics led to the desire for valuable control of the monetary device as a way to alleviate financial crises.
The Federal Reserve gadget is not "owned" by way of all people. The Federal Reserve turned into created in 1913 via the Federal Reserve Act to serve as the country's critical bank. The Board of Governors in Washington, D.C., is an organization of the federal government and reports to and is at once accountable to Congress.
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The entry to record a sale to a credit customer on which sales tax was charged includes:______.
The sales tax journal entry debits the accounts receivable or cash account for the total amount of the invoice or cash received, credits the sales account, and credits the sales tax payable account for the amount of sales taxes invoiced.
Sales tax is a tax levied by the businesses on customers when they buy the products and the services. The sales tax is then paid to the state or the local government within the certain time frame. This is why it is referred to as the pass-through tax.
One will debit the Sales Tax Payable account and credit Cash after the sales taxes have been remitted.
If a company purchases things from its suppliers and pays sales tax on them, the sales tax is charged to expenditure in the current quarter, together with the cost of the items purchased.
As a result, the sales tax journal entry debits accounts receivable or cash for the whole amount of the invoice or cash received, credits the sales account, and credits the sales tax payable account for the amount of the sales taxes invoiced.
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More volatility in returns produces ______ difference between the arithmetic and geometric averages.
More volatility in returns produces a large difference between the arithmetic averages and geometric averages.
When to use Arithmetic averages?
When working with independent data, such as the performance of many stocks or investments over a specific time period (otherwise geometric average may be better).when the data set's components are all equally significant (otherwise use weighted average).when you want simple, rapid, and approximate information regarding the general level. The simplest average to compute is the arithmetic averages.while a computer is not nearby. In comparison to geometric, harmonic, or weighted average, arithmetic averages is more simpler to compute mentally or on paper.Learn more about Arithmetic averages here:
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A major purpose of the federal sentencing guidelines for organizations, the sarbanes-oxley act, and the dodd-frank act is to:_______.
A major purpose of the Federal Sentencing Guidelines for Organizations, the Sarbanes-Oxley Act, and the Dodd-Frank Act is to encourage employees to report misconduct.
The Federal Sentencing Guidelines are non-binding regulations that established a consistent sentencing regime for defendants found guilty in the federal court system of the United States in 1987. According to the Guidelines, sentences can be "quite precisely calibrated" based on a variety of variables.
The Sarbanes-Oxley Act of 2002 is a federal law in the United States that prescribes specific procedures for corporate financial record keeping and reporting. The Dodd-Frank Wall Street Reform and Consumer Protection Act, also known as Dodd-Frank, is a federal law that was passed on July 21, 2010, in the United States.
Hence, The law's prohibition against employers retaliating against employee whistleblowers was a clause added by Congress to encourage workers to disclose fraud at their company.
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Companies like my gym, which seek to do business in new markets for manufacturing and/or marketing purposes, have many potential ________ at their disposal.
The Right response is Option D i.e Entry Modes.
The local business climate and a company's core competencies are only two of the numerous considerations when deciding how to enter a new market abroad. The institutional setup via which a business introduces its goods, technology, workforce, or other resources into a market is known as an entry method.
What is the meaning of entry mode?Entry mode is: “a structural agreement that allows a firm its product market strategy in a host country either by carrying out only the marketing operations, or both production and marketing operations there by itself or in partnership with others”To learn more about entry mode, click the links.
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Correct Question - Companies like My Gym, which seek to do business in new markets for manufacturing and/or marketing purposes, have many potential ________ at their disposal.
A. buybacks
B. bills of exchange
C. offsets
D. entry modes
E. management contracts
What term describes all business processes associated with providing a product or service? the supply chain the product chain the value chain the manufacturing chain
The value chain describes all business processes associated with providing a product or service.
What Is a Value Chain?A value chain is a business model that describes the full range of activities needed to create a product or service. For companies that produce goods, a value chain comprises the steps that involve bringing a product from conception to distribution, and everything in between—such as procuring raw materials, manufacturing functions, and marketing activities.
A company conducts a value-chain analysis by evaluating the detailed procedures involved in each step of its business. The purpose of a value-chain analysis is to increase production efficiency so that a company can deliver maximum value for the least possible cost.
Therefore, we can conclude that the correct option is C.
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Failure by a promissory notes maker to pay the amount due at maturity is known as_________.
Failure by a promissory notes maker to pay the amount due at maturity is known as Dishonoring a note.
A dishonored note is a that promissory note which has not been paid by a debtor in a given reasonable amount of time. It causes the creditor to write off the recorded revenue as a bad debt.
With the help of promissory note, a buyer can make a short-term commitment to pay any supplier for merchandise within the stated time period and also at a certain interest rate.
In order to properly record a dishonored note in the financial journal of the organization one must first decide whether he is expecting to collect payment eventually or not.
A bill is always considered as dishonored either by non-acceptance or by non-payment of the bill.
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As the time frame shifts from the short run to the long run, what happens to producers who are subject to a binding price floor?
As time frame shifts from short run to long run, producers are increasingly willing to substitute away from producing the good, and supply curve becomes more elastic. An fixed lower limit on a commodity's market price is known as a price floor.
In order to prevent a commodity's market price from falling too low and endangering the producers' ability to make a living, governments typically create a price floor. A price floor that exceeds the equilibrium market price is a binding price floor. If the higher price offsets the lesser quantity sold, producers benefit more from the bound price floor.
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Von told the sales rep he wasn't buying his product because it cost too much. in terms of the personal selling process this is called a(n):__________
The sales rep he wasn't buying his product because it cost too much. in terms of the personal selling process this is called a reservation.
The sale force and sell the products and services by using meeting the consumer face – to – face. The salesmen aim to tell and encourage the consumer to buy, or at the least attempt the product.
.
Non-public selling is the handiest marketing communication device as it permits salespeople to adapt their presentation to every capability or modern-day customer.
They use their understanding of the customer's shopping for methods to choose powerful sales techniques. approach or income presentation, therefore. considering its miles an interactive form of promoting, it enables construct accept as true by the consumer.
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4. summarize harley-davidson motorcycle division’s marketing mix. are all of the elements consistent with the overall marketing strategy?
Harley Davidson is looked at as the most successful company in the motorcycle market. As it is the company is a brand worldwide and does not need any introduction or extra efforts to pull the customers towards their products. However, the company tries to maintain its marketing mix to promote and strengthen its brand. The marketing mix (4P’s) used by Harley Davidson are as follows;
Product: Harley Davidson deals in a limited number of products which are; motorcycles, engines, parts & accessories, and customized merchandise.Place: Harley Davidson has Authorized Dealers, rental dealers, and an online store for selling motorcycles and renting them.Promotion: The promotion of Harley Davidson motorcycles have the following strategies i.e. personal selling, advertisements, offers, etc.Pricing: The pricing of the motorcycles is generally more expensive than other bikes and they price their motorcycles based on the quality they supply and do not rely on competitive pricing.The correct spelling for this word is worldwide. It functions as both an adjective and an adverb, meaning "to extend or reach the whole world." Worldwide is a closed compound word. H. There is no space or hyphen between "world" and "wide".
Relating to or including the entire globe. World wide. The definition of global refers to the whole or inclusive world as a whole. A global example is the state of the air on Earth. A global example is a project in which all schools in the state participate.
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The concept of private ownership of property and a relatively open market for goods, services, and investments is known as:_______
The concept of private ownership of property and a relatively open market for goods, services, and investments is known as capitalism.
Property is anything to which a person or entity has a legal right. A property can be a tangible item, such as a house, car, or appliance, or an intangible item that promises future value, such as a stock or bond.
property generally falls into two categories he of tangible property and intangible property. Physical properties are visible, tangible, and non-physical properties. Furthermore, tangible ownership is ownership over material things, and intangible ownership is intangible rights over things.
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When a company uses the allowance method of accounting for uncollectible receivables, the entry to reinstate a previously written off account would include a:______.
When a company uses the allowance method of accounting for uncollectible receivables, the entry to reinstate a previously written off account would include a debit to Accounts Receivable.
Accounts receivable refers to unpaid invoices that a company has or money that customers owe the company. The term refers to an account that a company is entitled to receive for providing products or services. Accounts Receivable or Accounts Receivable represents a line of credit extended by a company, usually with terms that require payment in a relatively short period of time. It typically ranges from a few days to a fiscal or calendar year.
An entity recognizes a trade receivable as an asset on its balance sheet because the customer has a legal obligation to settle the obligation. Also, accounts receivable is a current asset, meaning that the account balance will be paid to the debtor within one year.
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When a corporation issues stock to the general public for the first time, it is known as a(n):__.
When a corporation issues stock to the general public for the first time, it is known as a(n) initial public offering.
What is the purpose of an initial public offering (IPO)?
When shares of a private company are initially made available to the public as part of new stock issuance, it's known as an initial public offering (IPO). Through an IPO, a business can raise equity funding from the general public.
What is a disadvantage of an IPO?
An IPO has many drawbacks, one of which is that founders may lose ownership of their business. While there are ways to guarantee founders retain the lion's share of the firm's decision-making authority, once a company goes public, the leadership must satisfy the general public even though other shareholders do not have voting rights.
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When out-groups are disregarded in a team, ______ is often decreased in the team.
When out-groups are disregarded in a team, as a whole is more likely to experience is often decreased in the team.
Effective teamwork can have an immediate positive impact on patient safety and outcomes. Rising comorbidities and increasing complexity in nursing specialties increase the need for effective teams. Gone are the days when doctors, dentists, or other healthcare professionals in a healthcare facility could only provide quality care that satisfied their patients.
The evolution of healthcare and the global demand for quality patient care requires parallel development of healthcare professionals with an emphasis on a patient-centered teamwork approach. This can only be achieved by putting patients at the center of their care and by sharing a broad culture of values and principles. This helps form and develop effective teams that can provide excellent patient care.
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Which of the processes can initiate the collapse of an interstellar cloud and trigger the formation of stars?
The collision of the interstellar cloud with another cloud is the natural processes that can initiate the collapse of an interstellar cloud and trigger the formation of stars.
What is an interstellar cloud collapse?In nature, when the interstellar cloud collapses into many fragments, it is necessary to consider the processes inside one of the individual cloud fragments as it continues to develop into a star.
Majority of those fragments are about two solar masses but can be about 100 times the size of the Earth's present solar system.
Hence, the collision of the interstellar cloud with another cloud is the natural processes that can initiate the collapse of an interstellar cloud and trigger the formation of stars.
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Group buying platforms constitute one category of mobile marketing. a. true b. false
Group shopping for platforms constitutes one class of cell marketing. a) true
Cellular marketing is a multi-channel, digital advertising approach aimed toward achieving a target market through smartphones, pills, and other mobile devices, through websites, e-mail, SMS and MMS, social media, and apps.
Cell social media advertising is a method of advertising and marketing thru social media on cell gadgets. it's miles researched that nearly seventy one% of users get entry to social media on mobile devices.
Cell advertising and marketing is a shape of multi-channel virtual advertising aimed at connecting with consumers through their mobile gadgets, like smartphones and pills. important channels consist of SMS, MMS, email, social media, content advertising, cellular responsive websites, apps, and push notifications.
Mobile advertising is advertisements that appear on cell telephones, pills, and other mobile gadgets. cell advertising ad has various codecs, styles, and customization. It relies upon at the number of internet site, social media platform,s and mobile apps that offer a completely unique and customizable cellular advert option.
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Answer: False
Explanation:
An interest-bearing note is a loan in which the lender deducts interest from the amount loaned before the money is advanced to the borrower. True False
An interest-bearing note is a loan in which the lender deducts interest from the amount loaned before the money is advanced to the borrower. The given statement is false.
What do you mean by borrower?A person or business that borrows, especially from a bank, anything: New debtors are being encouraged by banks. From the time the loan is disbursed until it is fully repaid, the borrower is charged interest.
A person or organization that uses someone else's money for a variety of purposes. The borrower spends the funds for the allotted time period and then returns them to the lender at the end of it. A charge known as interest will be made for the use of these funds.
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By international agreement a commercially purchased laboratory chemical today must include?
By international agreement a commercially purchased laboratory chemical today must include Chemical Hygiene Plan (CHP),Standard Operating Procedure (SOP), Lab-specific training for working with acutely toxic material.
Because these general rules provide guidelines for working with hazardous materials, each laboratory must develop. When the operations in a particular laboratory meet all of the above criteria, that laboratory must comply with the requirements of this Chemical Hygiene Plan.
Hazard is any source of potential damage, harm or adverse health effects on something or someone.
Laboratory is a place equipped for experimental study in a science or for testing and analysis a research laboratory.
Operations is the work of managing the inner workings of your business so it runs as efficiently as possible.
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The ________ is management’s minimum desired rate of return on a capital investment.
The discount rate is management's minimum desired rate of return on capital investment.
Discount rate. "management's minimum preferred rate of return on an investment'' is greatly described by using the following terms authentic. Internet gift price and the internal rate of return are examples of discounted cash waft fashions utilized in capital budgeting decisions. NPV will continually decrease.
When evaluating capital funding initiatives, if the inner fee of going back is much less than the required rate of return, the undertaking can be commonplace. Whilst selecting a capital investment task from three options, the undertaking with the best internet present cost will constantly be optimal.
The payback method commonly specializes in profitability and no longer time. One advantage of the internal rate of return is that it considers the time price of money. One drawback of the payback method is that it no longer considers the time value of money.
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The income households actually receive before they pay personal income taxes is:_______
The income households actually receive before they pay personal income taxes is false.
Income is the consumption and savings opportunity that a business captures within a specific time frame, usually expressed in money. Income is difficult to define conceptually and its definition varies from region to region.
The definition of income is the amount of money received by an individual, group, or business during a specified period. An example of income is an annual salary of $70,000.
Income provides financial resources to influence decisions about housing, education, child care, nutrition, health care, and more. Wealth, the accumulation of savings and wealth, helps to soften and protect us in times of economic hardship. As income and wealth rise and fall, so does health.
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You can earn 8 percent interest, compounded annually. how much must you deposit today to withdraw $10,000 in 6 years?
a. $5,402. 69
b. $6,301. 70
c. $6,756. 76
d. $8,432. 10
e. $9,259. 26
The answer is $6,301.70
Given in question
Future account balance = $10,000
N = 6
I = 8%
Estimate the required initial deposit to obtain the amount of $10,000 in 6 years:
Initial Deposit= Balance/ (1+n)n
Initial Deposit= $10,000/(1+8%)6
Initial Deposit= $6,301.70
Compound interest is interest calculated on a loan or deposit based on both the initial principal and the accumulated interest from previous periods. Compound interest, which is thought to have originated in 17th-century Italy, can be defined as "interest on interest." It will accelerate the growth of a sum faster than simple interest, which is calculated solely on the principal amount.
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