The role of government in relation to business and industry is that the government attempts to shape business practices through both, directly and indirectly, implementing rules and regulations.
The government most often directly influences organizations by establishing regulations, laws, and rules that dictate what organizations can and cannot do. The government also plays an important role in a business that includes protecting the consumer or customer. Most businesses need to register with a state government to operate. Corporations need a charter and other forms of businesses, such as limited liability companies or partnerships, need other forms of registration. Government policy can influence interest rates, a rise in which increased the borrowing cost.
The government can be a friend of business, providing it with financial, advisory, and other services.
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g question content area calculation of value-added and non-value-added costs, activity volume and unused capacity variances rico company produces custom-made machine parts. rico recently has implemented an activity-based management (abm) system with the objective of reducing costs. rico has begun analyzing each activity to determine ways to increase its efficiency. setting up equipment was among the first group of activities to be carefully studied. the study revealed that setup hours was a good driver for the activity. during the last year, the company incurred fixed setup costs of $450,000 (salaries of 15 employees). the fixed costs provide a capacity of 22,500 hours (1,500 per employee at practical capacity). the setup activity was viewed as necessary, and the value-added standard was set at 1,500 hours. actual setup hours used in the most recent period were 21,270.
The actual cost for Rico company is $450000 as per the given capacity, setup and fixed cost
Standard price per hour is given by:
= Fixed setup cost/Capacity in hours
=$450,000/22,500 hours
= $20 per hour
Volume variance = Standard price per hour ×(Standard hours - Actual capacity hours)
=$20×(1500 -22500)
= $420000 unfavourable
Unused capacity variance =
Standard price ×(Actual capacity hours- Actual Setup hours)
= $20(22500 - 21270)
= $24600 Favorable
Value and non-value added cost report:
Setting up:
Value added = 20*1500 = $30,000
Non-value added = 20*(1500-22500)
= $420000
Actual
= 30000 + 420000 = $450000
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if the actual direct labor hours spent producing a commodity differ from the standard hours, the variance is a variance. a.price b.quantity c.rate d.time
If the actual direct labor hours spent producing a commodity differ from the standard hours, the variance is a time variance.
What is the controlled variance quillet measuring?Since the controllable variance assesses the effectiveness of using variable overhead resources, it is advantageous if budgeted variable overhead exceeds actual outcomes. Standards are applied to manufacturing costs less frequently than to non-manufacturing expenditures.
Which of the following accounts for a negative variance in fixed factory overhead volume?When the actual amount spent on fixed manufacturing overhead expenses exceeds the projected amount, a negative fixed overhead budget variance is the outcome.
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suppose that the adult population in the country of atlantis is 140 million. if 90 million people are employed and 10 million are unemployed, then
Assume that there are 140 million adults living in the nation of Atlantis. 40 million persons are not in the labor force if there are 90 million employed and 10 million unemployed.
Describe the labor force.In addition to those who are employed, there are also those who are unemployed but looking for work, making up the labor force. People without jobs who aren't looking for work are not considered part of the labor pool. The labor force does not include people who are students, retirees, or stay-at-home mothers.
Additionally absent from the labor force are discouraged workers who want a job but have given up looking. You must be readily available, willing to work, and have recently looked for employment in order to be regarded as a member of the labor force. Measured by the official unemployment rate are those unemployed people who are still actively seeking employment.
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taxes in problem 14. what is the cost of equity after recapitalization ? what is the wacc? what are the implications for the firm's capital structure decision?
The cost of equity after recapitalization is 12.59%.
What is the WACC, and why is it crucial?
A key financial principle known as the cost of capital (WACC) is frequently applied in the financial industry to determine if a return on investment may outperform or equal the cost of invested capital (equity plus debt) for a particular asset, project, or business.
While the value of the company and the market price of common shares will rise, an increase in capital leverage will result in a decrease in the cost of capital (WACC).
Therefore, This method holds that a company's capital structure selection affects its value.
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The development of sales goals and projected outcomes is part of which one of the following marketing activities?Select one:A. Sales fulfillmentB. Marketing planC. Market developmentD. Advertising and promotion
A component of the marketing plan is the creation of sales targets and anticipated results.
How would you define sales?A sale occurs when a buyer and a seller engage in a business transaction where the seller exchanges money for the sale of physical or intangible products , assets, or services .In a sale, there are at least two other parties. In broader terms, a sale or a contract between two or more parties, like the buyer and seller, can be considered.
What exactly do sales in company mean?Any transaction where money or value is transferred for the right to own an item or access to a service is referred to as a sale in regular commercial operations. Sales in an accounting context refers to a company's revenue from product sales.
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question content area when the bonds are sold for more than their face value, the carrying amount of the bonds is equal to a.face value plus the unamortized premium b.face value plus the unamortized discount c.face value d.face value minus the unamortized premium
When the bonds are sold for more than their face value, the carrying amount of the bonds is equal to face value plus the unamortized premium.
What is the carrying value of the bonds when they are sold for more than their face value?Bond Premium, which occurs when a bond is sold for more than its face value, is the difference between the sale price and the bond's value. The corporation will, however, get more money than the bond's face value if the market interest rate is lower than 9% at the time the bond is issued.
The premium on bonds payable, bond premium, or premium is the amount paid for the bond (exclusive of interest that has already accrued) above its face value.
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What is the best definition of marginal benefit the possible income from producing an additional item the price of producing one additional unit of a good?.
The most a consumer will spend on an additional good or service is known as the marginal benefit.
What Is Marginal Benefits for Businesses?Businesses can use marginal benefits, particularly in the areas of marketing and research. Businesses must take into account the possibility that a customer will weigh the marginal benefits of an additional purchase against its marginal cost. A marginal cost is an extra expense incurred when creating a subsequent unit.Returning to the earlier example, if a customer purchases the first burger for $10 and a second for $9, they may assign the second burger a marginal benefit of $9 and choose to purchase it given the marginal cost of $9. The marginal cost of $9 will outweigh the benefit if the customer orders just one burger, however, in which case they might choose not to purchase it.Businesses can use the marginal benefit research they do to determine any deal's best price point. Using this research, businesses can also learn how much more it costs to sell a second item in comparison to the first.To Learn more About marginal benefit refer To:
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which of the following are ways that a firm can reduce cash flows in order to prevent managers from wastefully spending excess cash flows? check all that apply. increasing the amount of debt in the firm's target capital structure in the hope that higher debt-service requirements will force managers to be more disciplined funneling excess cash flows back to shareholders through stock repurchases funneling excess cash flows back to shareholders through higher dividends
Increase the amount of debt in the target capital structure of the company in the hopes that stricter management will result from the increased debt-service obligations. Reverse the surplus cash flow by repurchasing stock to return it to the shareholders.
When a publicly traded corporation buys its own shares in the market, it is known as a share repurchase or buyback. Share repurchases are another method by which a firm can give money back to its shareholders in addition to dividends. It's typically a good indication when a firm buys back shares since it shows that it thinks its stock is undervalued and is optimistic about its future financial performance. The finest businesses frequently increase their dividend payouts and purchase back shares in an effort to reward their shareholders. Because a share repurchase lowers the quantity of a company's freely traded shares, or float, it is also known as a float shrink.
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_______ is a tool used to communicate the distinct attributes of a product; it can be used as a slogan or a theme and often becomes a snapshot of the entire advertising campaign.
The media mix
A unique selling proposition
An informational appeal
Puffery
A headline
A unique selling proposition
A unique selling proposition is a tool used to communicate the distinct attributes of a product; it can be used as a slogan or a theme and often becomes a snapshot of the entire advertising campaign.
Your company's one differentiator from the competition is known as a unique selling proposition (USP). When compared to other companies in your market, it's a distinct and obvious advantage that sets your company apart. An informed and intentional unique selling proposition helps you concentrate your marketing strategy, informs message, advertising, copywriting, and other marketing decisions, and influences potential buyers.
A unique selling proposition is not limited to the header content on your homepage, though. It's a stance your small business adopts as a whole and one that may be reflected in your advertising, brand, customer service, and every other point of contact with customers.
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the analyst imports the data from the spreadsheet into rstudio. where in rstudio can the analyst find the imported data?
Since the analyst desires to imports the statistics from the spreadsheet into rstudio. the area in RStudio can the analyst locate the imported statistics are explained below.
To import a dataset from a textual content report, pick out "Import Dataset" from the Workspace tab in RStudio. Open a report browser, pick out the.csv report, after which click on Open. Can I run code in RStudio: You can use the Run toolbar button or the Ctrl+Enter key aggregate to run the road of supply code wherein the cursor is currently located.
RStudio routinely actions the cursor to the subsequent line after the road of code has been executed. You can also additionally now single-step through a listing of traces way to this. Note that Clicking the Environment tab in RStudio's top proper window, observed via way of means of the Import Dataset tab, gives a flexible approach for uploading statistics. Double-clicking at the applicable report in yourfile will load the statistics into R fast and easily.
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true or false? oligopolistic markets generally consist of a greater number of firms than monopolistically competitive markets.
Oligopolistic markets generally consist of a greater number of firms than monopolistically competitive markets. Thus, the given statement is true.
What is an oligopolistic market?In oligopoly marketplaces, a limited number of providers control the market. They are present in every nation and a wide variety of industries. While some oligopoly markets are much more competitive than others, others might at least appear to be so. High obstacles to entry, the capacity to determine prices, firm interdependence, maximum revenues, product differentiation, and non-price competition are all traits of an oligopoly.
The process in oligopolistic enterprises often combines monopolistic and competitive inclinations. Oligopolies may be observed in a variety of industries, including the steel, aluminum, and automotive sectors.
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What typically happens when inflation is high?.
When preparing the operating activities section of the statement of cash flows using the indirect method, adding a decrease in accounts receivable to net income allows the inclusion of transactions that ______.
Adding a decrease in accounts receivable to net income allows the inclusion of transactions that increased cash, but did not affect net income to decreased cash. Hence,
What is net income?What's left over after taxes and other withholdings have been taken out of your paycheck is known as your take-home pay, or net income. Net income is the amount of money left over after all business costs have been covered.
To calculate net income, start with gross income, which is the whole amount of money produced. Then, subtract charges like taxes and interest payments. The amount that an individual really receives from their paycheck each month—as opposed to the gross amount they are paid before payroll deductions—is known as their net income.
Thus, option A is correct.
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The options are missing-
Multiple choice question.
a) increased cash, but did not affect net income decreased cash, but did not affect net income
b) increased cash and increased net income decreased cash and decreased net income
shareholders generally have many right to manage the daily affairs of the corporation, including hiring and firing employees. true false
The above statement "shareholders generally have many right to manage the daily affairs of the corporation, including hiring and firing employees" is false.
A shareholder of a corporation is an individual or legal entity who is registered with the corporation as the legal owner of shares of a public or private corporation's share capital. Members of a corporation are shareholders.
A person or legal entity becomes a shareholder in a company when their name and other data are put in the corporation's register of shareholders or members, and unless required by law, the corporation is not obligated or authorized to inquire as to the beneficial ownership of the shares. A corporation cannot normally hold stock in itself.
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how close were you on your net profit and gross margin goals? you will likely need to bump up your price somewhat. the design is near-perfect so your production costs should account for much less than half your retail price, even if this means you are well above the average price for this segment.
Gross margin is the entire proportion of gross income that is derived from sales for the business.
What exactly are gross and net margins?Definition. Gross margin is the entire proportion of gross income that is derived from sales for the business. Net margin measures how much of a company's revenue is used to produce net income.
By deducting direct costs or the cost of goods sold (COGS) from net sales, the gross profit margin is computed (gross revenues minus returns, allowances and discounts). The gross profit margin ratio is determined by dividing that sum by net revenues and multiplying the result by 100%.
Sales minus manufacturing costs equals gross profit.Profit after expenses equals net profit.Gross profit is equal to (Net sales revenue / Gross profit).(Gross Profit / Net Sales Revenue) x 100 is the formula for the gross profit margin ratio.(Net income / Revenue) x 100 equals the net profit margin ratio.To learn more about Gross margin refer to:
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established a petty cash fund of $300. the amount of cash in the petty cash fund is now $64. the fund is replenished based on the following receipts: office supplies, $137; selling expenses, $112.
The statement of petty cash is written as,
Petty Cash A/c Dr. $300
To Cash Cr. $300
(Record petty cash fund)
Petty cash:
Petty cash means a small amount of company cash, often kept on hand to pay for minor or incidental expenses, such as office supplies or employee reimbursements.
Given,
established a petty cash fund of $300. the amount of cash in the petty cash fund is now $64. the fund is replenished based on the following receipts: office supplies, $137; selling expenses, $112.
Here we need to write the statement for this account.
From the given details we have found the expanse that has been made on petty cash account is written as,
For Office Supplies A/C Dr. 137
For Selling expenses A/C Dr. 112
To Cash = >($300 - $64) Cr. $236
To Remaining A/C Cr. $13
(Here we record any discrepancy in the cash short and over account)
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true or false? inbound marketing efforts must be tracked along the two dimensions of source and flow.
The statement is true. inbound marketing efforts must be tracked along the two dimensions of source and flow.
What characteristics distinguish an excellent inbound marketer?
The most effective inbound marketers are natural networkers with endearing personalities. They genuinely like people - they want to connect with customers in the industry, learn about them, and help them.
Inbound marketing is a strategic method for creating valuable content relevant to your target audiences' needs and inspiring long-term customer relationships. Your customers are loyal to you because you solve their problems.
Therefore, Inbound marketing efforts must be tracked along both the source and flow dimensions.
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jack, jill, peter, and joe, are the only commodity traders for a (very specialized) product. below are listed their quantity demanded and offer (quantity supplied) curves for this product at different prices
The number of things a customer will buy at a given price is known as the quantity demanded.Quantity demanded is a more in-depth metric because it represents a single point on the demand curve rather than the entire demand curve.
Which one refers to a product's quantity?
Demand.The consumer's willingness to purchase a variety of quantities of a product at a variety of prices is referred to as demand.
What is the price at which a product's supply and demand equal one another?
The price at which the quantity offered and the quantity demanded are equal is known as the equilibrium price.The intersection of the demand and supply curves determines it.If the supply of a good or service is greater than the demand at the current price, there is a surplus.Price is pushed down as a result.
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g the employer that sponsors a qualified retirement plan has certain responsibilities to plan participants under the law. which of the following statements is/are correct concerning those responsibilities?
The employer that sponsors a qualified retirement plan has certain responsibilities to plan participants under the law.
The first and second statement is True and third statement is False.
Qualified Retirement Plans are employer-sponsored retirement plans that meet the requirements of the Internal Revenue Code and the Employee Retirement Income Security Act and are eligible for certain tax benefits. These may include tax deductions for employer and employee contributions, and tax deferrals on investment income.
Know what your service contract covers and what it doesn't.
Please contact your pre-approved plan provider.
Contact Plan Provider - We have a sponsored plan.
The word qualified means that the plan meets the requirements of the Internal Revenue Service. TrueEmployer contributions to eligible plans are not subject to federal income or payroll taxes. TrueEmployer contributions to eligible plans are not subject to federal income tax, but are subject to payroll tax. FalseTo learn more about qualified retirement plan, refer:
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TRUE/FALSE equal employment opportunity (eeo) liability is often greater with internal versus external assessment and staffing efforts
Internal evaluation and staffing activities may carry a greater risk of Equal Employment Opportunity (EEO) violations. True.
Which of the following benefits of hiring internally from within is most significant?One of the key benefits of internal hiring is that hiring managers already know the candidates, who, regardless of the function they move into, should be a good cultural fit for the organization.rely on qualified psychologists to opportunistically evaluate a candidate's qualities, principles, and behavioral patterns in the context of a certain position.Succession management is a continuous process that involves hiring, assessing, training, and preparing staff members to take on new responsibilities within the company in the future.In many ways, internal hiring should be your objective. A successful corporation will hire internally since internal hires cost less and typically outperform external hires, according to study.To learn more about staffing activities refer to
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What are accruals give 2 examples?.
When a transaction takes place or a payment is made, accountants use the accrual accounting method to record revenue and/or expenses.
What is an accrual ?According to the accrual accounting technique, revenue or expenses are recorded when a transaction takes place rather than when a payment is paid or received. The matching principle, which states that revenues and expenses should be recognised in the same period, is followed by the approach.In other words, regardless of when money changes hands, the revenue made and expenses incurred are recorded in the company's journal. Cash basis of accounting, which records revenue when the products and services are actually purchased, is sometimes contrasted with accrual accounting.When money is produced and a corresponding revenue item is recognised, it becomes an asset known as accrued revenue. Cash is to be collected in a subsequent period when the amount is deducted from accumulated revenues.To learn more about accrual refer:
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What are 5 facts about command economy?.
A command economy has these traits. Central economic planning is done by the government, According to the central plan, the government distributes all resources.
What is economy?An economy is a region where products and services are produced, traded, and consumed. It is generally defined as "a social domain that emphasizes the activities, discourses, and material expressions linked with the creation, use, and management of finite resources." An economy is a network of interconnected production and consumption activities that ultimately decide how resources are distributed within a community. The needs of those who live there and operate there are met by the production and consumption of goods and services as a whole. A system of production and exchange for products is called an economy. A state will crumble if its economy is unsustainable. The three primary types of economies are free market, command, and mixed economies.A command economy has these five traits.
Central economic planning is done by the government.According to the central plan, the government distributes all resources.All production of products and services is prioritized according to the central plan.Government-owned corporations are monopolies.To learn more about economy, refer to:
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boswell corp. has the following information in its financial statements: earnings before interest and taxes $20,000 common stock $40,000 tax expense $4,000 interest expense $5,000 additional paid-in capital $50,000 retained earnings $40,000 net income $11,000 what is the times interest earned ratio?
Given Boswell Corp. has the information about its financial statements:
Earnings before interest and taxes = 20000$
Common Stock = 40000$
Tax Expense = 4000$
Interest Expense = 5000$
Additional paid-in capital = 50000$
Retained Earnings = 40000$
Net Income = 11000$
The formula for Times interest earned ratio is:
(Net income + Tax Expense + Interest Expense) / Interest Expense
Times Interest Earned Ratio = (11000 + 4000 + 5000) / 5000
= 20000 / 5000 = 4.0
Therefore, the times' interest earned ratio is 4.
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according to the two-factor theory, providing hygiene factors will eliminate employee dissatisfaction but will not motivate workers to high achievement levels. a. true b. false
According to Herzberg (1959), motivational and hygienic variables both contribute to and hinder from job happiness.
What is Two factor theory ?According to Herzberg's two-factor theory, there are two types of requirements that employees have at work: hygiene factors and reward factors. The two factor hypothesis has strong managerial implications. Employee unhappiness will be eliminated by providing hygienic aspects, however this will not inspire workers to high success levels.
The components of a job that meet essential demands are known as hygiene aspects. These include working environment, income, security, and fairness. When these demands are satisfied, employees are happy and at ease in their jobs.
Hence the statement is True .
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suppose zara has a linked supply chain with silk city, a fabric supplier. zara and silk city use it to seamlessly exchange data, communicating requirements as well as delivery expectations. the relationship between zara and silk city is best described as:
Suppose Zara has a linked supply chain with silk city, a fabric supplier. Zara and silk city use it to seamlessly exchange data, communicating requirements as well as delivery expectations. the relationship between Zara and silk city is best described as Co-opetition.
Quilting cotton is offered wholesale by using the bolt. each bolt holds 15 yards of forty-four-forty-five” extensive cloth and is usually priced between $eighty two.50-87. whether or not you're trying to manufacture gadgets or promote material retail you may need two matters to install a wholesale account with a fabric enterprise: a commercial enterprise and a little cash.
Fabric stores have traditionally been very worthwhile areas of expertise in retail operations because the markups applied to fabric for retail income can exceed a hundred percent or greater. The business wishes little in the way of specialized gadgets, accordingly retaining the running overheads to a minimum.
A beautiful view of Biella. The metropolis's reputation in generating excellent wool within the globe is going again all the manner to the 1800s, despite the fact that a number of their producers (consisting of Vitale Barberis Canonico) started out all the manner returned in 1600's.
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jonna purchased a $25,000 cash value policy with a guaranteed insurability option that can be exercised a maximum of four times at $25,000, each over the next 12 years. which of the following statements is false?
The false statement would be that (4) Jonna will have to prove she is still insurable each time she exercises a purchase option.
Cash value life insurance policy is defined as an insurance policy that pays the traditional cash payment in the event of a death of a policy holder, as well as the addition of investment features cash value from investment that are included in the policy. The investment serves as a value added in the policy in which a part of the life insurance premiums payable are converted into investment in money market such as bonds, stocks, mutual funds, and so forth. In turns, the cash value of the insurance policy can be withdrawn by the policy holder in the event that emergency fund is needed.
Your question seems to be missing, but I suppose the full question was:
"Jonna purchased a $25,000 cash value policy with a guaranteed insurability option that can be exercised a maximum of four times at $25,000, each over the next 12 years. Which of the following statements is false?
Jonna will pay an extra premium amount for the guaranteed insurability option.The total premium for her coverage will increase each time she exercises a purchase option.Jonna will be able to accumulate a total $125,000 in insurance over the next 12 years.Jonna will have to prove she is still insurable each time she exercises a purchase option."To learn more about life insurance visit: https://brainly.com/question/1373572
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with most tax-sheltered accounts, other than roth-type accounts, taxes are merely deferred rather than eliminated altogether. group of answer choices true false
True, with most tax-sheltered accounts, other than roth-type accounts, taxes are merely deferred rather than eliminated altogether.
What is tax-sheltered accounts?
Individuals and businesses can lower their tax obligations by using tax shelters. Shelters include everything from 401(k) plans sponsored by employers to foreign bank accounts.
Although the term "tax shelter" is frequently used negatively, it can also be a valid strategy for lowering tax obligations.
What is roth-type accounts ?
An after-tax contribution is made to an individual retirement account known as a Roth IRA.
While there are no tax advantages for the current tax year, your contributions and earnings can grow tax-free and you can withdraw them without paying taxes or penalties after you reach the age of 5912 and the account has been open for five years.
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assume that the dairy farm industry is a perfectly competitive industry. it is currently in long-run equilibrium and the price of milk is $3.00 per gallon. assume that the demand for milk increases. how will this affect the price of milk in the short-run and long-run?
The price of the milk will increase above $3.00 in short run but fall back to $3.00 in long run in perfectly competitive industry.
What is perfect competition?A perfect market, also known as an atomistic market, is defined by a number of idealizing conditions, which are together referred to as perfect competition, or atomistic competition, In theoretical models with perfect competition, it has been demonstrated that a market will eventually reach equilibrium where the supply of all products and services, including labor, meets the demand for all goods and services at the relevant price. A perfect market, also known as an atomistic market, is defined by a number of idealizing conditions, which are together referred to as perfect competition, or atomistic competition, in the field of economics, notably general equilibrium theory. It has been established that a market will attain equilibrium where quantity supplied for any good or service is available in theoretical models where the criteria of perfect competition exist.
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Why do some employers forbid employees to use instant messaging (im) and texting?.
B) Some employers consider IM and texting distractions therefore employers forbid employees to use instant messaging (im) and texting.
Which of the following is the best recommendation for texting or instant chatting at work?Make sure to proofread your messages and use good grammar and spelling. To be more effective, combine your personal and business relationships into one contact list.
Instant messaging differs from text messaging in that it doesn't rely on the cellular phone service provided by your carrier to send messages. Instead, it makes use of any internet connection together with a messaging software. Data or Wi-Fi connections are both acceptable. Like MMS, instant messaging also includes multimedia, including photographs and videos.
A) Because texting is virtually and definitely cheaper than a fax or a phone call.
C) Because a text and an e-mail are virtually instantaneous and it cannot be argued that either one or the other are faster/slower.
D) is wrong because such federal regulation does not exist.
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When opening a print shop you need to buy printers, computers, furniture, and similar items. Economists call these expenditures
capital investment.
You must purchase printers, computers, furniture, and related supplies when operating a print shop. These expenses are referred to as capital investments by economists.
The acquisition of tangible assets by a firm for use in advancing its long-term business goals and objectives is known as capital investment. Assets obtained as capital investments include machinery, manufacturing facilities, and real estate.
When we talk about capital investment, we often mean committing money to a fixed capital expense in the hopes of earning returns that make up for the investment's inherent risk and the time delay before the money can be used for consumption. Capital investments include the following examples are land, buildings, computers, furniture, machinery, and other items.
The above question is incomplete, the complete question is:
When opening a print shop you need to buy printers, computers, furniture, and similar items. Economists call these expenditures
a. Capital Investment
b. Investment in human capital
c. Personal Saving
d. Business consumption expenditures.
Hence the correct option is A
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