A retailer attributes an increase in sales to its purchase of advertising in Sunday's paper and A consumer purchases a used car as a result of the interaction with a salesperson are the part of the feedback loop.
A feedback loop is a component of a system where some (or all) of the output is used as input for subsequent operations. There are at least four stages in each feedback loop. Input is produced in the first stage. The second stage involves capturing and storing input. The third stage involves the analysis of the input, and the fourth stage involves the use of the analysis's conclusions to make decisions.
Loops in feedback can be positive or negative. Negative feedback loops are useful for maintaining an ideal state within predetermined bounds and are self-regulating. A classic illustration of a self-regulating negative feedback loop is an outdated home thermostat that uses bang bang control to turn on or off a furnace.
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the balance sheet, income statement, and statement of cash flow are the multiple choice ledger entries. statements of equity. journal entries. financial statements. balances of trade.
The balance sheet, income statement, and statement of cash flow are the ledger entries. An organization's assets, liabilities, and shareholder equity are listed on a balance sheet, which is a financial statement.
It offers a snapshot of the assets and liabilities of a corporation as of the publication date. A balance sheet provides you with a quick overview of your company's financial situation at any given time. A balance sheet, along with an income statement and a cash flow statement, can aid business leaders in assessing the financial health of their organisation. Because assets will always equal liabilities and shareholders' equity, the term "balance sheet" was coined.
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peter taylor, a cfa charterholder and a food industry analyst for a large investment firm, has been invited by sweet pineapple co. to visit the firm's processing plants in hawaii. the standard concerning independence and objectivity recommends that taylor:
The standard concerning independence and objectivity recommends that taylor use and pay for commerical transportation if available.
In order to comply with Standard I(B) Independence and Objectivity, it is advised that analysts visiting companies cover their own travel costs and, if possible, take commercial transportation.
Chartered financial analyst is referred to as CFA. The CFA Institute awards the charter, a professional credential, to financial and investment professionals who have finished its programme of study, aced all three levels of examinations, and adhered to other standards set by the organization.
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when fletcher returned a shirt they had purchased at dillard's for a refund, they essentially reversed the effect of which type of utility?
When Fletcher returned a shirt they had purchased at dillard's for a refund, they essentially reversed the effect of possession utility.
What is a possession utility?Possession utility refers to the premium value given to a product by virtue of the fact that the purchaser has the established legal right to own and use it freely. Possession utility appeals to the actual act of product possession for example, consumers driving a new car off the lot or having furniture delivered to their home.
Therefore, the correct answer is as given above.
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a canadian media company decides to open a printing plant in australia to produce magazines that will be sold to australian readers. the canadian firm is engaged in:
The canadian media company opening a printing plant in australia will be sold to australian readers and here the canadian firm is engaged in international direct investment.
What is international direct investment and what in the canadian firm is engaged in?International direct investment is the foreign investment in which the voting stocks up in the foreign company.Here the question is asked of a canadian media company deciding to open a printing plant in australia to produce magazines that will be sold to australian readers, and what job the canadian firm is engaged in.A way of a foreign investment or international direct investment is starting subsidiary of a domestic firm in a foreign country.There is a major difference between the direct and indirect investments of foreign trade.That is in direct investment there comes a ownership of the property and in indirect investment the participating company only gets a share of property.To know more about firm visit:
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What is The total amount of Lily's debt payments each month (assuming she is only making minimum payments)?
The total amount of Lily's debt payments each month (assuming she is only making minimum payments) equals to an amount of $970.
What is a debt payments?Basically, a debt refers to anything owed by one party to another. Some examples of a debt include amounts owed on credit cards, car loans, and mortgages. A debt payment refers to the act of paying back money that you have borrowed.
The computation of the total debt payments is as follows:
= Credit card 1 + Credit card 2 + Credit card 3 + Auto loan + Student loan
= $180 + $115 + $245 + $285 + $150
= $970
Full question "Meet Lily. Lily is 25 years old. She graduated college with an Associates degree in General Business and works full-time as an office assistant. Lily really enjoys the company she works for, so she took a lower-paying position in the hopes of getting promoted in the near future. She makes a monthly net income of $2,805.92. Lily lives in a small, one-bedroom apartment approximately 20 minutes from her work. Lily overused credit cards while she was attending college and has the following debts:
Credit Card #1 $6,000.00 $6,000.00 18.9% $180.00
Credit Card #2 $3,855.66 $4,000.00 23.1% $115.00
Credit Card #3 $8,168.40 $8,000.00 18.9% $245.00
Auto Loan $15,000.00 n/a 2.9% $285.00
Student Loan $11,647.90 n/a 3.76% $150.00
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Which one of the following terms applies to the amount of money required when a futures position is first bought or sold?A. original depositB. initial marginC. spot marginD. equity depositE. mark-to-market
The initial margin applies to the amount of money required when a futures position is first bought or sold.
The preliminary margin is the quantity a dealer ought to deposit with their broking to provoke a buying and selling function. The upkeep margin is the quantity of cash a dealer ought to have on deposit of their account to keep protecting their role, that's commonly 50% to seventy five% of the preliminary margin.
The initial margin is based on the potential loss in a single day on the portfolio. The greater the volatility of the stock, the greater the danger and consequently the greater the initial margin. the second form of margin is the mark-to-marketplace (MTM) margin that's amassed for daily volatility within the price of the futures.
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due to a recession, expected inflation this year is only 4.75%. however, the inflation rate in year 2 and thereafter is expected to be constant at some level above 4.75%. assume that the expectations theory holds and the real risk-free rate (r*) is 3.5%. if the yield on 3-year treasury bonds equals the 1-year yield plus 1.0%, what inflation rate is expected after year 1? round your answer to two decimal places.
After the first year, inflation is predicted to reach 7%. if the 3-year Treasury bond yield is the same as the 1-year yield plus 1.0%.
The term "inflation" refers to a rise in prices, which over time results in a inflation loss of purchasing power. The average price increase of a basket of chosen goods and services over time can be used to determine the rate at which purchasing power is decreasing. A unit of currency now effectively has less purchasing power than it did inflation in earlier periods due to the increase in prices, which is frequently expressed as a percentage. Deflation, on the other hand, is Treasury bond characterized by a drop in prices and an increase in purchasing power.
Return on 3 year bond = Real Risk Free Rate + Inflation Premium + 1.50% Treasury bond (given)
= 3.50% + 4.75% + 1.50%
= 9.75%
Inflation Premium = Return on 3 year bond - Real risk Free return
= 9.75% - 3.50%
= 6.25%
Inflation Rate after year 1 = ((Inflation Premium*3 years) - year 1 inflation Rate) / 2
= ((6.25% * 3) - 4.75%) / 2
= (18.75% - 4.75%) / 2
= 14% / 2
= 7%
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why is selecting goods and services for the market basket problematic for the bls? multiple choice question. the bls does not face a problem selecting goods and services for the market basket. not all people enjoy the same goods and services. most people prefer high-priced goods and services. low-cost goods and services are generally easier to find.
The correct answer is option B. Not all people enjoy the same goods and services.
The Bureau of Labor Statistics must select a market basket in order to generate a number of indices, including the CPI. The change in the price of a basket of goods bought by a representative customer is reflected in the consumer price index.
Because not all consumers purchase the same combination of goods, it is difficult for the Bureau of Labor Statistics to determine the market basket (due to varied demand, tastes, and habits). A market basket must be chosen by the Bureau of Labor Statistics in order to generate a number of indices, including the CPI. The change in the price of a representative consumer's basket is tracked by the consumer price index.
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if a manager measures which location has the most traffic and includes that information in a model to predict store profits by location, which management perspective is she using
if a manager measures which location has the most traffic and includes that information in a model to predict store profits by location, she is using Quantitative management perspective.
The quantitative method applies statistics, optimization models, information models, computer simulations, and other quantitative tools to the management process. The core of the quantitative approach is the notion that organizations are units of decision-making.
The development of mathematical and statistical models to represent a system, process, or relationship simply using models, equations, and formulas is the main focus of this branch of management theory. These methods aid managers in maximizing the production of goods and services using organizational resources.
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during the year, barbra carrey received an inheritance of $15,000 and a $500 gift from her employer. what amount of gifts received should barbra include in her income tax return? $0 $15,000 $500 $15,500
You must subtract allowable expenses from your gross profit in order to determine your taxable profits. In most cases, you won't be able to deduct a cost if you paid for it "wholly and exclusively" for business purposes.
Is tax paid on revenue or profits?Typically, declared profits—gross revenue less any costs incurred during the production process—are the basis for corporate income taxes.
Do I pay tax on my net or gross earnings?Regardless of whether you receive income net or gross, if it is taxable, you must include the gross amount—the amount before any tax was deducted—in your taxable income calculation.
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a cake factory can produce cakes at the rate of 500 per day. the factory supplies its cakes to local grocery stores at a rate of 250 per day. the cost to prepare the equipment for producing the cakes is $20. annual holding costs are $2 per cake. assume that the factory operates 250 days a year. refer to the information above. what is the optimal number of yearly setups? group of answer choices 37 43.25 45 47.94 39.53
The optimal number of yearly setups is 39.53 or 40 approx.
We know that
Requirement yearly (D) = 250 cakes per day × 250 days in a year = 62,500 cakes
Production yearly (P) = 500 cakes per day × 250 days in a year = 125,000 cakes
Cost to produce the cakes (K) = $20
Annual holding cost per cake (H) = $2
Number of days in a year = 250 days
EPQ (Economic Production Quantity) = √ (2×D×K) / H×(1-D/P)
= √ (2×62,500 × $20) / $2 (1-62500/125000)
= √$2,500,000 / $2 (0.5)
= 1581.13 Or 1581 cakes approx
The optimal number of yearly setups or Number of production runs -
Number of production runs = D / EPQ
= 62,500 / 1581
= 39.53 or 40 approx
Maximum inventory held = EPQ × (1 - D/P)
= 1581 × (1 - 62,500 / 125,000)
= 1581 × (1 - 0.5)
= 790.50 cakes or 791 cakes approx
Total annual cost = Total annual production cost + Total annual holding cost
= $790.6 + $790.5
= $1581.1 or $1580 approx
Total annual production cost = Number of production runs × K
= 39.53 × $20
= $790.6
Total annual holding cost = EPQ / 2 × (1 - D/P) × H
= 1581 / 2 × (1 - 62,500/125,000) × $2
= 790.5 × (1 - 0.5) × $2
= $790.50
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fiscal policy is difficult to implement quickly because a. it requires political negotiations. b. much of government spending is nondiscretionary and cannot be changed. c. increases in tax rates affect consumer spending gradually. d. a and b. e. a and c.
Fiscal policy is difficult to enact rapidly since it involves political bargaining, and most of the government expenditure is non-discretionary and hence cannot be adjusted. Thus, the correct option is a and b.
What is Fiscal policy?Fiscal policy is the use of government income collection and expenditure to impact a country's economy in economics and political science. The use of government revenue expenditures to affect macroeconomic variables arose in response to the 1930s Great Depression when the prior laissez-faire approach to economic management proved ineffective.
Fiscal policy differs from monetary policy in that fiscal policy is concerned with taxation and government spending and is frequently administered by a government department, whereas monetary policy is concerned with the money supply and interest rates and is frequently administered by a country's central bank. Fiscal and monetary policies both have an impact on a country's economic success.
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a state university hires an outside firm to develop and maintain their human resource system. this is called
Moving one or more activities in the value chain outside of the company's control to other companies in the industry's value chain is known as strategic outsourcing.
Why do some businesses opt for methods other than vertical integration?
Outsourcing enables businesses to focus on their core competencies while simultaneously lowering labor costs and expenses. In practice, vertical integration is time-consuming and costly, and outsourcing can also give a company a competitive advantage. However, vertical integration offers many advantages.
Which kind of corporate diversification is most likely to result in improved performance?
In any case, related expansion, where the organization shares fundamental assets across its business portfolio (e.g., brand, innovation, and circulation channels), can prompt more significant levels of execution than can irrelevant broadening, because of the potential for improved productivity from utilizing shared.
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11. a bond fund had the following yearly returns: year 1 year 2 year 3 year 4 year 5 14% 7% -3% 18% 9% what is the standard deviation of the returns?
A measure of volatility or risk is the standard deviation of returns. You might anticipate more variability in returns the higher the return standard deviation. The returns' standard deviation is 7.968.
What does risk and return standard deviation mean?The dispersion of asset prices from their average price, or market volatility, can be calculated with the use of standard deviation. A large standard deviation indicates a dangerous investment when prices move erratically. Low standard deviation indicates stable prices, which lowers the risk associated with investments.
How is the standard rate of return determined?The initial investment value is subtracted from the investment's current value, and the result is divided by the original investment value to determine a simple rate of return. The result is multiplied by 100 to be reported as a percentage.
In the given question, we use formula of standard deviation,
standard deviation= √[tex](\frac{(R-A)^{2} }{N-1})[/tex]
W= returns
A= Average return
Average return= 45/5= 9
Return (R-A) [tex](R-A)^{2}[/tex]
14% 5 25
7% -2 4
-3% -12 144
18% 9 81
9% 0 0
45 254 total
Standard Deviation= √[tex]{\frac{(R-A)^{2} }{N-1} }[/tex]
= [tex]\sqrt{\frac{254}{4} }[/tex]
= 7.968
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the five basic tasks of the strategy-making, strategy-executing process do not include? developing a strategic vision of where the company needs to head and what its future business makeup will be strategic management to convert the strategic vision into specific strategic and financial performance outcomes for the company to achieve crafting a strategy to achieve the objectives and get the company where it wants to go developing a profitable business model executing the chosen strategy efficiently and effectively
Developing a profitable business model is not the basic task of strategy-making and executing processes.
Strategy-making process
The activity by which an organization develops its strategy and makes sure that the established strategy becomes a reality rather than merely an abstract wish list is known as the strategy-making process. It involves formulating a strategy as well as preparing for its implementation and making adjustments in response to unexpected events.
The five basic tasks of strategy making process are:
1-Strategic Vision and Mission Development
2-The Setting of Goals
3-Developing Strategies to Achieve Organizational Goals
4-Implementing and carrying out the strategies
5-Performance Evaluation and Measuring
Hence, option D is correct.
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In which market model do firms rely on product differentiation to distinguish themselves from the competition?.
"Monopolistic Competition" is the market model where firms rely on product differentiation to distinguish themselves from the competition. The answer can also be "Monopolistically Competitive."
Businesses operating in monopolistically competitive markets differentiate their products and services with the belief that their offerings are superior to or incomparable to those of their rivals.
Despite the fact that businesses significantly rely on product differentiation, there are many small buyers and too many sellers because there are no barriers to entry. However, if a company can successfully differentiate its products in a monopolistic competition market, it will get a significant number of loyal clients and potentially become very profitable.
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physicians clinic orders by phone seven boxes of single-use latex gloves from quality medical supplies, inc. after three boxes are delivered and accepted, physicians clinic repudiates the contract. quality medical can enforce the contract to
Physicians Clinic renounces the agreement after three boxes have been delivered and accepted. As long as there are three boxes that have been accepted, Quality Medical can enforce the contract.
Which of the following lists the necessary components of an enforceable contract?An agreement that specifies the legal rights and obligations of two or more parties is known as a contract. A valid contract must include all five requirements: offer, acceptance, awareness, consideration, and capability.
Which of the following does not apply to a legally binding contract?Earnest money is the solution. Offer and acceptance, consideration, legally capable parties, mutual consent, and a legal purpose are necessary components of a valid contract. A contract does not need earnest money to be enforceable.
What happens if a contract's conditions are not followed?A breach of contract occurs when the conditions of a contract are not followed, and the damaged party may then bring legal action.
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true or false: the principles of management are similar for a small neighborhood business and a giant global firm.
It is true that the principles of management are similar for a small neighborhood business and a giant global firm.
Any company that wants to be effective and accomplish its goals needs management. Without a leader, the organization would be in a state of chaos, with little structure and little to no concentration.
The four fundamental tasks of management are stated to be planning, organizing, leading, and controlling. Without these management principles in place, it stands to reason that a company would struggle to accomplish its goals—or even to come up with goals at all! Henri Fayol wrote a famous theory on the fundamentals of management. By using 14 concepts, it attempts to categorize management. We'll look at these fundamental management ideas and describe them using simple language.
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the charter of a corporation provides for the issuance of 100,000 shares of common stock. assume that 40,000 shares were originally issued and 5,000 were subsequently reacquired. what is the amount of cash dividends to be paid if a $3 per share dividend is declared? a.$105,000 b.$15,000 c.$500,000 d.$120,000
The amount of cash dividends to be paid if a $3 per share dividend is $105,000.
What Is a Cash Dividend?Take
40,000 - 5,000 = 35,000
then multiply 35,000 by 3 to get $ 105,000.
cash dividend = 35000* 3 = 105,000
A cash dividend is a payment made from a company's current earnings or accumulated profits that is normally distributed to stockholders. Contrary to stock dividends or other forms of value, cash dividends are paid out in cash.The board of directors must decide to pay a cash dividend, there must be enough cash on hand, and there must be enough retained earnings in order to do so.Cash dividends are among the best forms of income from stocks if you want it on a regular basis.To learn more about cash dividend refer to:
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today your company paid a dividend (d0) of $3 per share. the growth rate of the dividend is expected to be 15% for the next two years, and then 6% thereafter. the cost of capital is 10%. for each question, choose the closest answer. 13. what do you expect the dividend to be in three years from now (d3) (to the nearest cent)?
$ 4.0227 is the dividend to be in three years from now (d3) for dividend of $3 per share of growth rate of 15%.
given data,
Dividend (DO) = $ 3.00
Cost of Capital = 10%
Growth Rate (g) is:
First year of Growth Rate = 15%
Second Year of Growth Rate = 6%
Third year of Growth Rate = 10%
Expected Dividend in three years (D3)
D3 = DO(1+Dividend1)(1+Dividend2)(1+Dividend3)
D3 = D0* (1.15)* (1.06)* (1.10)
D3 = $3 (1.15)* (1.06)* (1.10)
D3 = $ 4.0227
= $ 4.0227
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gabuat corporation, which has only one product, has provided the following data concerning its most recent month of operations: selling price $ 149 units in beginning inventory 0 units produced 2,200 units sold 1,910 units in ending inventory 290 variable costs per unit: direct materials $ 39 direct labor $ 33 variable manufacturing overhead $ 7 variable selling and administrative expense $ 7 fixed costs: fixed manufacturing overhead $ 46,200 fixed selling and administrative expense $ 15,280 the total gross margin for the month under the absorption costing approach is:
The total gross margin for the month under the absorption costing approach is: $93,590
The computation of the gross margin under the absorption costing approach is as follows:
Sales ($149 × 1,910 units) $ 284,590
Less:
Direct Material ($39 × 1,910 units) $ 74,490
Direct Material ($33 x 1,910 units) $ 63,030
Variable Manufacturing Overhead ($7 × 1,910 units) $ 13,370
Fixed Manufacturing Overhead ($46,200 ÷ 2,200 units) × $1,910 units $40,110
Gross Margin $93,590
Gross margin is the distinction between revenue and cost of goods offered (COGS), divided through revenue. The gross margin is expressed as a percentage. generally, it's miles calculated because the promoting price of an object, much less the price of products offered (e. g. production or acquisition expenses, not along with oblique constant costs like office expenses, hire, or administrative prices), then divided via the same selling price. "Gross margin" is often used interchangeably with "gross profit", but the phrases are special: "gross earnings" is technically an absolute monetary amount, and "gross margin" is technically a percent or ratio.
The purpose of margins is "to determine the cost of incremental income, and to manual pricing and merchandising decision."
"Margin on sales represents a key issue in the back of a number of the most essential business considerations, which includes budgets and forecasts. All managers should, and typically do, recognize their approximate business margins. Managers vary widely, but, in the assumptions, they use in calculating margins and in the ways they analyze and communicate these critical figures."
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pierre martina is comparing the cost of credit to the cash price of an item. if pierre makes a $70 down payment and pays $34 a month for 24 months, how much more will that amount be than the cash price of $695?
With $70 down payment and $34 a month for 24 months as instalment there will be a difference of $191 between the credit and the cash price of $695 with credit price exceeding cash price.
Give a brief account on down payment.A down payment for a house is the cash up front provided by the buyer in real estate deals and other big acquisitions. Down payments, which are typically a proportion of the purchase price for a home used as a primary residence, can range from as little as 3% to as much as 20%. The down payment amount is typically determined by the type of mortgage you choose, your financial situation, and the type of property you're buying (such as whether it's a primary house or an investment property, for example).
To solve the question :
Given,
Down payment = $70
Instalment = $34 a month
Time = 24 months
Difference
= Credit purchase cost − Cash price
= ((down payment + ( time × instalment)) - cash price
= (($70 + (24 × $34)) − $695
= ($70 + 816) − $695
= $886 - $695
= $191
Hence the amount will be $191 more than cash price $695.
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as a given job is restructured to reduce autonomy, decrease pay, and simplify the required skillset, it will typically see
Giving employees the autonomy to work in a way that suits them at work entails allowing them to choose their own speed, order, and degree of control over job responsibilities, as well as the flexibility to choose when and where they work.
What is autonomy to work?Giving employees the freedom to work how they choose is what is meant by workplace autonomy. Employees that have autonomy at work are free to choose how and when to complete their tasks. Depending on your business, workplace autonomy will take on a distinct appearance.
An organization's workforce will be more adaptable, more motivated, and more productive if it allows employees the freedom to select the best working arrangement for them and supports them with the appropriate guidelines, training, and resources.
Self-determination theory (SDT), which was created in the 1970s by psychologists Richard Ryan and Edward Deci, includes autonomous motivation.
In a nutshell, SDT is predicated on the notion that intrinsic motivation—as opposed to extrinsic rewards—is the greatest way for people to be driven to complete activities.
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The cost and value of inventory increase as materials move down the supply chain. One way operations and supply chain managers counteract the negative aspect of this fact is by.
The value and cost of stock growth as substances pass down the deliver chain. One manner operations and deliver chain managers counteract the poor factor of this truth is by Inventory pooling.
Inventory pooling refers to a firm's potential to serve a couple of markets–every with their personal unsure call for– from a unmarried inventory of stock. The exercise is regularly analyzed withinside the context of distinct, however closely. related, cases: region pooling and product pooling. Inventory pooling is a collaborative association wherein one-of-a-kind sellers percentage their inventories to lessen the whole stock value.
Risk Pooling entails the use of centralized stock as an alternative of. decentralized stock to take benefit of the truth that if. call for is better than common at a few retailers, it's miles probably to be. decrease than common at others. Pooling, additionally called deliver pooling , is composed in grouping items collectively from numerous commercial or industrial organizations throughout a customer's procurement process, dispatched both to at least one or numerous addresses, the use of optimised and consequently complete trucks.
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buyers' willingness to pay in a market: a. is represented by the demand curve. cross out b. is represented by the supply curve. cross out c. explains why the demand curve is bowed-out. cross out d. explains why the demand curve is bowed in. cross out
The ability to pay is also a factor in demand. You do not have an effective demand if you are unable to pay for it.
This idea of a customer's readiness to pay (WTP) fills in as a beginning stage for the interest bend. A customer's Marginal Benefit (MB) is proportional to their willingness to pay.
Is the willingness to pay represented by the demand curve?
Let's talk more about the connection between demand curves and willingness to pay. The maximum amount a customer is willing to pay for a product or service is known as willingness to pay. Or, to put it another way, it is the price at which a customer will buy a product or service or a price below it.
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long-run economic growth is generally positive rather than negative because long-run changes in output are driven by changes in: multiple choice consumption, investment, and net exports. labor, capital, and technology. aggregate demand. government spending.
Long-run economic growth is generally positive rather than negative because long-run changes in output are driven by changes in the: LRAS, including changes in labor, capital, and technology. (factors of production)
What are the factors of production?Factors of production are those assets that make up the economic system. They are what human beings use to provide items and services. The economist classifies the factors of production into four categories.land, labor, capital, and entrepreneurship.Factors of production are the inputs required to produce goods or services. A factor of production is an economic term that describes the inputs used in the production of goods or services to achieve economic profit.It contains all the resources needed to create a product or service.Factors of production are land, labor, capital, and entrepreneurship.The level of technological progress affects all factors of production and can explain efficiency independently of the four typical factors.Land as a factor of production refers to the management of agriculture and the use of natural resources.Thus, [OPTION B] is the correct answer.
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NOTE: The given question is incomplete and here is the complete question:
QUESTION: Long-run economic growth is generally positive rather than negative because long-run changes in output are driven by changes in the:
(A) LRAS, including changes in consumption, investment and net exports.
(B) LRAS, including changes in labour, capital, and technology.
(C) aggregate demand, including changes in labour, capital, and technology.
(D) SRAS, including changes in labour, capital, and technology.
ben is asked to rate the utility he would get from reading different types of publications for the next hour. if he read a graphic novel he would get utility of 5. if he read a biography, he would get utility of 4, and if he read his economics textbook, he would get utility of 9. an economist would predict that ben will spend his next hour reading:
Ben will likely spend the next hour reading his economics textbook, an economist would predict.
Microeconomics uses the term "utility" to refer to the additional satisfaction that comes from consuming a good or service. While ordinal utility only offers a rank ordering, cardinal utility tries to quantify the economic act's utility.
The concept of utility is important in economics because it clarifies a variety of supply, demand, and pricing issues. Products that offer greater value typically have a larger market because they give consumers greater satisfaction. Price increases are often a result of increased demand.
The ability of a commodity to meet needs is known as utility. It is the fulfillment—actual or anticipated—that results from the consumption of a good or service. Utility's psychological nature means that it is influenced by the consumer's likes and dislikes as well as his mental attitude and evaluation of the product.
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the activities buyers and sellers perform to facilitate mutually satisfying exchanges is: multiple choice question.
Marketing is the activities buyers and sellers perform to facilitate mutually satisfying exchanges.
Marketing is the term used to describe the actions a business does to encourage the purchase or sale of a good or service. Advertising, selling, and delivering products to customers or other businesses are all included in marketing. Affiliates provide some marketing for a business.
Marketing and promotion specialists aim to attract the attention of important target populations through advertising. Promotions are aimed at specific demographics and may include celebrity endorsements, memorable slogans or taglines, eye-catching packaging or graphic designs, and general media exposure.
All the activities a business takes to attract clients and keep up relationships with them fall under the umbrella of marketing as a discipline. Writing thank you notes and networking with future or previous clients are also tasks that must be completed.
Correct question:
The activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large. The activities buyers and sellers perform to facilitate mutually satisfying exchanges?
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if a perfectly competitive firm increases production from 10 units to 11 units and the market price is $20 per unit, total revenue for 11 units is:
The total revenue for 11 units, given the market price per unit and the number of units, is $220.
How to find the revenue?In a perfectly competitive market, the market price is the same as the average revenue and the marginal revenue. This is because the market sets the price and the sellers need to follow.
Even if the number of units sold by a firm increases ( as it did from 10 units to 11 units) the selling price and therefore average revenue is the same.
This means that the total revenue for 11 units is:
= Number of units x Market price
= 11 x 20
= $220
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digital report recording is becoming more popular nationwide, because it can be more efficient and less costly than old-fashioned tape recording. what is one major problem with digital report recording?
The accuracy of dictation software in recognizing spoken words is not 100%.
Which qualities are essential to being an effective investigator?Emotionally well-balanced, detached, inquisitive, suspicious, discerning, self-disciplined, and persistent investigators are effective.
What are the two factors that influence a digital recording's quality?Two aspects influence the resolution and quality of digitized audio: the bit-depth used to record each measurement and the sample rate, which is the number of times per second the wave's amplitude is measured. Kilohertz (kHz) is the measurement or description of amplitude.
What are the most common issues with digital evidence?Risks of Data Breach, Fraud, and Cyber Attacks Digital evidence collection is typically simple. The tricky part is keeping it safe from tampering, cyberattacks, and data breaches.
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