A business should align with its owner's personal goals is the most accurate concerning personal factors in a business. Hence, Option C is correct.
For many socio-medical difficulties, personal factors are crucial. They may affect a person's functioning specifically, thus they must be taken into account as part of a thorough review of a person's impairment relevant to the specific situation.
Personal factors significantly influence the purchasing decisions of consumers.
Occupation. Age. The occupation of a person significantly affects his or her purchasing decision. Consumer purchasing behavior is influenced by a variety of factors, including age and the human life cycle, as well as the economy, lifestyle, and personality.
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push or pull? choosing channel strategies marketing channels make possible the flow of products and services from a manufacturer, through intermediaries, to a buyer. achieving control of the channel is often challenging for the manufacturer, and promotional strategies are frequently used to move products through the channel of distribution. it is at this juncture that manufacturers must decide whether to use a push strategy, a pull strategy, or a combination of both in its channels of distribution. with a push strategy, manufacturers direct the promotional mix to channel members, such as wholesalers and retailers, to gain cooperation in ordering and stocking its products. as a result of the manufacturers' promotional efforts, intermediaries make products available for purchase by consumers. with a pull strategy, manufacturers direct the promotional mix to consumers, primarily in the form of advertising. in turn, consumers stimulate demand through the intermediaries back to the manufacturer. this activity is important because manufacturer marketing managers want to gain control of their distribution channels, which is often very challenging. promotional activities can be helpful in moving a product through channels of distribution. manufacturer marketing managers need to decide whether to use push or pull strategies (or both) in their channels of distribution.
Wholesalers, retailers, distributors, as well as the Internet are examples of distribution channels. The company sells directly to the customer through a direct distribution channel.
What are channel strategies in marketing?A marketing channel strategy outlines how a business will use multiple marketing channels to connect with customers. Choosing which channels to employ, assigning resources to each channel, and defining goals are all part of this strategy. As a result, market segmentation may be part of a channel strategy. Before the item reaches the customer, a number of intermediaries are utilized through detours.
For instance, a vendor could reserve small and midsize firms for its channel partners while focusing primarily on large organizations with its direct sales staff. Product, pricing, placement, and promotion make up the four Ps. They serve as an illustration of a "marketing mix," or the collection of techniques and tactics employed by marketers to accomplish their marketing goals. A vendor's plan to transfer a good or service via a chain of commerce to the final consumer is referred to as a channel strategy.
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in a(n) distribution structure, an importer controls a fixed supply of goods and the marketing system develops around the philosophy of selling a limited supply of goods at high prices to a small number of affluent customers.
In a traditional distribution structure, an importer controls a fixed supply of goods and the marketing system develops around the philosophy of selling a limited supply of goods at high prices to a small number of affluent customers.
An additional middleman is frequently added to the distribution chain when using a traditional method of distribution. The traditional channel of distribution includes wholesalers in addition to the consumer and the company.
A wholesaler is a particular kind of company that buys products in large quantities from manufacturers and then sells them to retailers. Because of economies of scale, wholesalers can make money by offering their items to several retailers at a premium price.
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national pottery makes handmade clay pots. the company anticipates $3,187,219 of manufacturing overhead in the coming year. because it is a labor-intensive organization, national pottery bases overhead allocation on direct labor cost. the direct labor quantity standard is 2.7 hours per pot, and the standard direct labor rate is $22.50 per hour. the anticipated direct labor cost for the year is $3,375,000. variable overhead is expected to be $2,162,350. what is the standard fixed overhead cost per pot? round your answer to the nearest cent.
Answer:
$18.45
Explanation:
Standard anticipated fixed overhead cost = $3,187,219 - $2,162,350 = $1,024,869
Predetermined fixed overhead rate = $1,024,869/$3,375,000 = 30% of direct labour cost
Direct labour costs per pot = $22.50 per DLH x 2.7 DLH per pot = $60.75
Standard fixed overhead per pot = $60.75 x 30% = $18.45 (rounded).
Which of the following is a feature of an oligopoly market ? A) Each firm in this market earns zero economic profits.
B) There are no barriers to entry in this market.
C) Each firm's actions affect the decisions of its rivals in this market.
D) There are a large number of sellers in this market
Small numbers of suppliers control markets in an oligopoly. They exist everywhere and in a wide variety of industries. While some oligopoly markets are very competitive, others are just marginally so, or at least can seem to be.
Give an illustration of what oligopoly is ?Oligopoly is a type of imperfect competition that is typically referred to as competition between a small number of parties. Consequently, oligopoly develops when there are two to 10 vendors in a market supplying similar or distinct goods. The market for cold drinks is an illustration of oligopoly.
Why is it known as an oligopoly?An industry with a small number of active companies is referred to as a "oligopoly." No one company holds a sizable amount of market power in an oligopoly.
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Buys large quantities of products directly from the manufacturer and then sells small quantities to retailers.?
Answer:
Wholesaling is the act of buying goods in bulk from a manufacturer at a discounted price and selling to a retailer for a higher price, for them to repackage and in turn resell in smaller quantities at an even higher price to consumers.
Explanation:
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biogen is currently offering a bond with a coupon of 8.55%. the municipality of boston is currently offering a bond with a coupon 7.95%. the federal tax is 31%. all things equal, which bond is preferred after-tax?
The pretax yield that a taxable bond must have in order for its yield to be equal to that of a tax-free municipal bond is known as the tax-equivalent yield.
Which bonds are tax-exempt?
The bonds issued by the Power Finance Corporation, NTPC Limited, Indian Railways Finance Corporation Limited, Rural Electrification Corporation, and National Highways Authority of India, among others, are some of the tax-free bonds in India.
What types of interest are tax-free?A resident individual (60 years of age or under) or HUF is not required to pay taxes on interest earned up to Rs 10,000 in a given fiscal year. Interest income from any of the following sources, including savings accounts with banks and cooperative societies involved in banking, is eligible for a deduction.
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in 2016 the nominal gdp for country x was $330 billion and the gdp deflator was 110. the real gdp for 2016 was
In 2016 the nominal GDP for country x was $330 billion and the GDP deflator was 110. the real GDP for 2016 was 300 billion Dollars.
GDP definitionThe most popular way to gauge an economy's size is by looking at its gross domestic product (GDP). A country's GDP can be calculated, as can the GDP of a region (such as Tuscany in Italy or Burgundy in France) or a group of countries (such as the European Union) (EU).
Why is the GDP growing?In general, the expansion of the labor force and the productivity (output per hour worked) of that workforce are the two fundamental drivers of economic growth. Either one can grow the economy overall, but only substantial growth can raise per capita GDP and income.
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at the profit-maximizing level of output, a. marginal revenue is equal to p3. b. average total cost is equal to p6. c. marginal cost is equal to p3. d. average revenue is equal to p2.
At the profit-maximizing level of output average revenue is equal to P2.
Profit maximization in economics refers to the short- or long-term process by which a firm chooses the prices, input levels, and output levels that will result in the largest feasible total profit (or just profit in short). The firm is viewed as a "rational agent" that seeks to maximize its total profit, which is the ratio between its entire revenue and its total cost in neoclassical economics, the current standard approach to microeconomics.
The same profit-maximizing condition that a perfectly competitive firm uses to calculate its equilibrium level of output is used to find the monopolist's profit-maximizing level of output by equating its marginal income with its marginal cost. In fact, regardless of the market structure in which a firm operates, the assumption that marginal revenue equals marginal cost is utilized to establish the amount of output that maximizes profits for every firm.
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one reason nonunionized firms do not always drive unionized firms out of business is that: select one: a. markets are not competitive. b. unionized firms reduce the value of total output. c. unionized firms hire more selectively, employing workers with greater human capital. d. unionized firms receive government subsidies.
Option C is the correct answer. One reason nonunionized firms do not always drive unionized firms out of business is that unionized firms hire more selectively, employing workers with greater human capital.
What is a non-unionized company?A business or organization that does not hire unionized employees or a person who is not a member of a union is referred to as a "non-unionized company": non-unionized clients/clients.Unions are free to choose how much money they want to spend overall on fees and dues.Normally, these charges and obligations are deducted from employees' paychecks. Employees who work in non-unionized environments do not have to pay the union dues, potentially increasing their overall take-home earning.Why are non-union businesses run better?You do not have to confine employees into the traditional roles of management and staff if your workplace is non-unionized. You may run a collaborative workplace and enable your employees to realize their potential by assuming a leadership position to support the growth of your company.Option C is the correct answer. One reason nonunionized firms do not always drive unionized firms out of business is that unionized firms hire more selectively, employing workers with greater human capital.
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pita pal sells fast-food franchises. pita pal receives $69,000 from a new franchisee for providing initial training, equipment, and furnishings that together have a stand-alone selling price of $69,000. pita pal also receives $34,200 per year for use of the pita pal name and for ongoing consulting services (starting on the date the franchise is purchased). rachel became a pita pal franchisee on march 1, 2021, and on may 1, 2021 rachel had completed training and was open for business. how much revenue in 2021 will pita pal recognize for its arrangement with rachel?
Rs. 84,000 revenue in 2021 will pita pal recognize for its arrangement with Rachel.
What is revenue?In accounting, the total amount of money earned through the sale of goods and services that are crucial to the business's fundamental activities is referred to as revenue.
Sales or turnover are other terms used to describe commercial revenue. Some businesses make money from royalties, interest, or other fees.
As in "Last year, Company X had revenue of $42 million," the term "revenue" can refer to either general income or the sum of money earned during a specific period of time.
The general definition of profits or net income is total revenue less total expenses for a specific time period.
A government's money from tax payers is known as tax revenue. A charity's money from donors and other sources used to pursue its charitable objectives is known as fundraising revenue.
Revenue to be recognized = Initial cost + Consulting fee
Initial cost = 84,000.
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The debt created by a business when it makes a purchase on account is referred to as an:
account payable.
account receivable.
asset.
expense payable
A) The term "account payable" refers to the debt a company incurs when it purchases on account.
The debts incurred by a company as a result of numerous underlying transactions are represented by a number of accounts on the balance sheet. A company's debts consist of amounts owed to third parties, such as creditors.
The short-term debt payment known as Accounts Payable must be paid in order to avoid default. Description: When you order goods or services without paying in cash up front, Accounts Payable becomes a liability due to a specific creditor. This indicates that you purchased the goods on credit.
What is Records Payable?The company's financial, administrative, and clerical support is handled by the Accounts Payable department. They are in charge of recording the company's short-term debts, making payments to suppliers and other creditors, and paying vendor invoices or bills.
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alicia offers to sell a purebred cat for $200. neither alicia nor the buyer discusses the cat's ancestry, but the buyer believes that it comes from a championship line and agrees to the price. upon discovering that the cat is only worth $50, can the buyer rescind the contract based on her mistake?
Probably not, because the buyer made the mistake about cat's value, not a mistake about a material fact.
Sales is the time period used to explain the activities that result in the promotion of goods. Businesses have sales organizations that might be broken up into different groups. And those sales teams are regularly decided primarily based on the region they may be promoted to, the products or services they may be promoting, and the target consumer.
There are major styles of income that sales representatives deal with: interior sales and out of doors sales.
Traditional income roles consist of the Account executive, sales development Rep, income specialist, client achievement Rep, and sales supervisor.
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In the absence of externalities, the "invisible hand" leads a market to maximize
a. producer profit from that market
b. total benefit to society from that market
c. both equality and efficiency in that market
d. the output of goods or services in that market
In the absence of externalities, the "invisible hand" leads a market to maximize total benefit to society from that market.
come in both good and bad forms. They exist when the deeds of one person or thing have an impact on the life and welfare of another. Positive consumption, positive production, negative consumption, and negative production externalities are the four main categories of externalities in economics. Positive externalities typically have a positive impact, as suggested by their names, whilst negative ones typically have the opposite effect.
An externality is a cost or benefit to an unrelated third party that results from the production or use of a good or service.Market failure is the inefficient allocation of products and services in the market, whereas equilibrium is the optimum balance between buyers' benefits and producers' costs.Externalities create market failure because the pricing equilibrium of a good or service does not fairly reflect the full costs and advantages of that good or service.To learn more about Positive externalities please click on the given link: https://brainly.com/question/22932430
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a manufacturer produces cell phones. she estimates that by selling them for x dollars each, she will be able to sell 240−2x each week. step 2 of 2 : determine what the maximum revenue will be.
Answer:
$7200
Explanation:
Let y be the number of phones sold, and x the price per phone. The revenue, R, would be the product of phones sold and their price:
R = y*x
We know that y = 240-2x.
The total revenue would be:
x*y or x*(240-2x)
Revenue(R) = 240x - 2x^2
We want to find the maximum of this function. This can be done with one of two methods: graphing and Differentiating. Both are described:
Graphing
Plot R = 240x - 2x^2 and look for the vertex. See the attached plot. The vertex is at (60, 7200), which means that a price of 60/phone would result in the maximum revenue of $7200.
Differentiate
The second approach is to differentiate the equation and set it equal to 0. Differentiation allows one to determine the slope of the function at any point x. When this function reaches its maximum, the slope goes from positive (going up) to negative (going back down). At the very top the slope is 0 for a value of x. Solving the differentiated equation for x will reveal the maximum point:
R = 240x - 2x^2
dR/dx = 240 - 4x
0 = 240 - 4x [slope of 0 at the maximum]
4x = 240
x = $60/phone, as before
From y = 240−2x we can find the total units sold at $60/phone
y = 240 - 2(60)
y = 120 phones sold
Total revenue at maximum would therefore be:
R = x*y
R = ($60/phone)*(120 phones) = $7200
the higher the reliability of a product the lower it costs to make. true or false?
A product's cost of production decreases with reliability. It's untrue.
Lower of cost or market is a cautious approach to inventory valuation and reporting. Ending inventory is frequently reported at cost. on occasion, the stock has depreciated since the original cost of the closing inventory was more than its net realizable worth. If the inventory's value has fallen below its historical cost, the carrying value is reduced and reflected on the balance sheet. The accepted method for reporting this is the current market value. The loss brought on by the decline in inventory value will be charged to "Cost of goods sold" if the loss is considerable or "Loss on the reduction of inventory to LCM" if it is not.
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in the bussinsess world what is the legsl term that descries a situation where a business wants to keep the knowledge of its production methods from being know by competing firms
In the business world, a trade secret is recognized as a legally acceptable way for any business to keep knowledge of its particular methods of production from being known by competing firms.
Business is a way of making a living or making money by making or buying and selling products (such as goods and services). It is also “any activity or business undertaken for profit.”A trading company does not separate the business entity from the owner, which means that the owner of the business is responsible and liable for the debts incurred by the business. If the business incurs debts, creditors can go after the owner's personal assets. The business structure does not allow for corporate tax rates. The owner is personally taxed on all business income.
The term is also often used colloquially (but not by lawyers or public officials) to refer to a company such as a corporation or cooperative. Corporations, unlike individuals and partnerships, are separate legal entities and provide limited liability for their owners/members, and are also subject to corporate tax rates. Forming a corporation is more complicated and expensive but offers greater protection and benefits for owners/members.
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true or false: preference decisions are made to prioritize and select from capital budgeting alternatives.
Preference decisions are made to prioritize and select from capital budgeting alternatives is TRUE.
Capital Budgeting Decision happens when a company is contemplating a significant investment to support its own growth. There are 2 kinds of capital budgeting decisions:
Screening decisionsPreferences decisionsScreening capital budget decision happens when a company determine if a proposed investment meets certain requirements. Those requirements taken into consideration could be related to the investment's payback period, cost-benefit analysis, internal rate of return, and accounting rate of return. When a proposed investment is failed to meet the certain requirement, a company could directly decide to reject the investment. Screening decision is taked to see if the proposed investment is worth the company's time and money.
After the proposed investment passed the screening decisions and is shown to be advantageous, a company might do preferrence capital budgeting decision. Preference decisions allows a company to compare several alternative proposed investments that already met their screening criteria and ranks them in order of desirability. The company may choose the investment which best meets company goals.
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your teammate is prepping for a sales presentation and they've outlined the points they want to cover: 1. recap of previous discussions 2. explanation of how other people in similar situations have proceeded 3. pros and cons of various approaches they want your feedback on this outline. what would you say?
The Answer is “This is a good start, but you need to advise them on the best path to achieving their goals and explain how we can help them get there.”
Sales Presentation :
In selling technique, a sales pitch or sales presentation is a line of talk that attempts to persuade something or someone, with a planned sales presentation strategy of a service or product designed to initiate and close a sale of the service or product.
I suppose the question is :
Your teammate is prepping for a sales presentation and they’ve outlined the points they want to cover: 1. Recap of previous discussions 2. Explanation of how other people in similar situations have proceeded 3. Pros and cons of various approaches They want your feedback on this outline. What would you say?
A. “This is a good start, but you need to advise them on the best path to achieving their goals and explain how we can help them get there.”
B. “This is a good way to finish the presentation, but you should start by explaining our offering and how it can solve their problems.”
C. “This is okay, but a better approach would be to give them a demonstration of our product.”
D. “This is great! Leave it like it is.”
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bolton industries has provided the following information: operating expenses were $690,000; income from operations was $830,000; net sales were $2,200,000; interest expense was $142,000; loss from sale of investments was $174,000; income tax expense was $116,000. what was bolton's gross profit?
The gross profit of Bolton Industries will be $ 85000 for the given relevant data.
What is gross profit?financial health by calculating the amount remaining from product sales after deducting cost of goods sold (COGS). Gross profit margin, sometimes referred to as gross profit margin, is often expressed as a percentage of sales.Gross profit margin is an analytical measure expressed as a company's net sales minus cost of goods sold (COGS).Gross profit margin is often expressed as the ratio of gross profit to net sales.Gross profit margin indicates the amount of profit before deducting selling, general and administrative expenses, which is the company's net profit margin.when net sales is subtracted from cogs it is gross profit.learn more about gross profit
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a company issues $1,000,000 face value of 10-year bonds on 1 january 2015 when the market interest rate on bonds of comparable risk and terms is 5%. the bonds pay 6% interest annually on 31 december. at the time of issue, the bonds payable reflected on the balance sheet is closest to:
The bonds are due to pay 6% interest on December 31 each year. The bonds payable shown on the balance sheet at the time of issuance come closest to: $1,077,217.
What is a bond?A bond is comparable to a contract between a lender and borrower stating the conditions of a loan and the related payments.
Bonds are fixed-income assets that serve as a representation of investor loans to borrowers (typically corporate or governmental). The possibility that the bond's issuer will falter before the bond matures.
Savings bonds, agency bonds, municipal bonds, corporate bonds, and treasuries are some examples of bonds.
Treasury bonds, which are the safest bonds but have the lowest interest rates, are typically sold at auction.
Bonds can be classified into five categories: corporate, municipal, agency, savings, and Treasury. Each sort of bond has its own vendors, goals, purchasers, and risk-to-return ratios.
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Which of the following is NOT a contingency factor in the job characteristics model? desire for personal growth skills context satisfactions knowledge autonomy
The answer is Autonomy. Autonomy is not a contingency factor in the job characteristics model.
Contingency factors refer to the degree to which a person wants personal and psychological development. Job design works when employees are motivated; to be so, they must have three attributes: (1) necessary knowledge and skill, (2) desire for personal growth, and (3) context satisfactions, or the right physical working conditions, pay, and supervision.
An overall contingency factor is an arrangement that the expense assessor makes to cover unforeseeable costs the venture might cause. These costs might result from flighty weather patterns, vulnerabilities inside the venture or deficient plan plans. The sum dispensed for every contingency factor commonly relies upon how much detail in the undertaking's plan, as well as its degree of vulnerability.
To compute the contingency factors that should be remembered for a quote, the assessor ordinarily counsels a table given by the Department of Energy that sorts out possibilities in light of the kind of gauge the organization needs. For each sort of gauge, the table proposes a level of the task's costs that the assessor ought to incorporate as a contingency factor. On the off chance that the assessor doesn't follow the reaches recorded in the table, he should furnish the organization with a composed clarification of his choice.
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you are working with a client who is new to shopping ads and you noticed that the inventory data the client plans to use for their product feed isn't accurate. if a product feed is uploaded with data quality issues, what are two issues that might arise? choose two. select 2 correct responses
To upload banking activity, use the file upload function in the Banking Centre.
Use the Import Data Tool to import lists. Based on the information given, there are two actions that can be taken to help this customer swiftly transfer her data into her new Quick Books Online firm. The first is to simply upload banking activity using the File upload function in the Banking Centre. They can use the Import Data Tool to import lists after this is finished. It should be mentioned that prior to import, it is essential to make sure. The column needs to be chosen correctly, and the transaction figures need to show positive transactions with a +ve sign and negative transactions with a -ve sign, which are often withdrawals.
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the functional structure relies on specialists to take on some of the burden from the owner manager. true
The answer is true. A functional structure is a company structure that is built around the roles that each team member plays within the company and their knowledge and abilities.
The most conventional strategy is a functional structure. It suggests assembling individuals who perform related duties according to their area of expertise. In other words, you'll find all the marketers in marketing and all the accountants in finance. The notion of specialisation based on functional structure or role is used by functional company as a sort of organisational structure. In general, there are five different categories of formal organisational structures: matrix, line, functional, line and staff, and project management.
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overuse of a common resource may be avoided by all of the following methods except a. charging for the use of a common resource. b. issuing tradable permits for the use of a common resource. c. government taking over ownership of all private common resources. d. setting quotas or legal limits on the quantity of the common resource consumed.
The only method that can not help in avoiding overuse of common resource is c. government taking over ownership of all private common resources.
A common resource is one that is available to everyone. Even if it took ownership, the government would still be forced to misuse the resource. For instance, if the resource was a forest full of timber-producing trees, the government would overuse it by felling an excessive number of them. Private ownership of public resources frequently protects them against abuse, as opposed to government control, which is not always effective, of usage.
Any approach that motivates companies to safeguard the resource over the long run. Option A may be appropriate since charging for access to the resource will stop too many users. Option B would also set usage restrictions and provide incentives for preserving the resource for later use. Option D also places restrictions on usage and is frequently employed to stop excessive fishing in lakes and streams.
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a tax levied on the buyers of a good shifts the a. demand curve downward (or to the left). b. supply curve downward (or to the right). c. supply curve upward (or to the left). d. demand curve upward (or to the right).
The supply(SS) bend will move leftward or up. Forcing charge is a non-cost factor that can move the supply(SS) bend. The demand(DD) bend will stay unaltered. The market amount will diminish however the market cost will increment.
What is a tax levied?
An IRS demand allows the legitimate capture of your property to fulfill a duty obligation. It can decorate compensation, take cash in your bank or another monetary record, and seize and sell your vehicle(s), land, and other individual property.
The Indian Constitution gives the option to gather charges in India upon three legal bodies including The Focal Government gathers personal assessment, customs obligations, focal extract obligation, and so forth. The State Government assembles charges on agrarian pay, proficient assessment, state extract obligation, esteem added charge, and so on.
The supply(SS) bend will move leftward or up. Forcing charge is a non-cost factor that can move the supply(SS) bend. The demand(DD) bend will stay unaltered. The market amount will diminish however the market cost will increment.
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suppose that the federal reserve has a 2% target on inflation. if actual inflation is 1%, then the fed will want the new real interest rate to be: equal to the inflation rate. lower than the neutral interest rate. higher than the neutral interest rate. equal to the neutral interest rate.
Text version of the image: Assume that the Federal Reserve has set a 2% inflation target. The Fed will want the new real interest rate to be: lower than the neutral interest rate, O equal to the inflation rate if actual inflation is 1%.
What does 2% inflation actually mean?Calculating the percentage change from a year ago is a typical practice. For instance, a price index that is 2% higher than it was a year earlier would represent a 2% inflation rate.
Why does the Fed want inflation to be 2%?Technically speaking, the majority of price indices are biased positively; 2% inflation probably represents lower "actual" inflation. The Fed can set "neutral" nominal interest rates higher with a non-zero inflation target than it could without one, giving it more leeway to lower rates when necessary to boost the economy.
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the process of identifying all the categories of inputs that are part of the problem the program is meant to solve is known as
The process of identifying all the categories of inputs that are part of the problem the program is meant to solve is known as object-oriented analysis.
Object-oriented evaluation is a way for viewing the interaction of facts and manipulations of data this is based totally on the object-orientated programming paradigm. object-orientated analysis and design is a technical method for reading and designing a utility, gadget, or commercial enterprise through applying item-orientated programming, as well as the usage of visible modeling throughout the software program development manner to guide stakeholder communique and product great.
the primary difference between structured and item-oriented programming is that based programming allows growing an application using a fixed of modules or features, even as object-oriented programming lets in constructing an application with the use of a set of objects and their interactions.
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you wish to accumulate $50,000 in an ordinary annuity which pays 12% interest compounded quarterly. you wish to make periodic payments at the end of each quarter for 8 years. the formula for an ordinary annuity is . what is the value for that you will use?
The value of n which I will use is 32 in the given formula of ordinary annuity.
We know that formula for ordinary annuity is
FV = [tex]\frac{P[ (1+ \frac{r}{m})^m^T-1]}{\frac{r}{m} }[/tex]
where FV is future value, P is present value, r is interest rate, T is number of years, m is number of periods based on compounding frequently.
In the given problem r%= 12%
⇒ r = 0.12
⇒ T = 8 years
⇒ m = compounded quarterly
⇒ m = 4
⇒ mT = 8×4= 32
Given ordinary annuity formula is
[tex]S= R[ \frac{(1+i)^n - 1}{i}][/tex]
where i = r/m = 0.12/4 which is 0.03
⇒ n = mT = 8×4 =32
Hence, the value of n used will be 32.
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an aging population poses fiscal problems for any country. group of answer choices true false previousnext
An aging population poses fiscal problems for any country ---- True
What caused the financial crisis?
Factors that contribute to financial crises include system failures, unpredictable or uncontrollable human behavior, incentives to take excessive risks, lack or failure of regulation, or the spread of viruses from one institution or country to another. It includes contagion, which is equivalent to the spread of problems such as to the next
How does fiscal policy affect people?Her two main tools of fiscal policy are taxes and spending. Taxes affect the economy by determining how much the government should spend on a particular sector and how much an individual should spend. For example, governments can cut taxes if they are trying to stimulate consumer spending.
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the more you have about something, the less you have about that something. expected utility; uncertainty expected utility; certainty information; uncertainty information; certainty
The greater you've got got approximately something, the much less you've got got approximately that something:uncertainty expected utility.
The required details about expected utility is mentioned in below paragraph.
Expected utility is an financial time period summarizing the application that an entity or combination financial system is anticipated to attain below any wide variety of circumstances. The Expected utility is calculated through taking the weighted average of all viable effects below positive circumstances. With the weights being assigned through the probability or chance, any unique occasion will occur.The Expected utility of an entity is derived from the anticipated application speculation. This speculation states that below uncertainty, theweighted averageof all viable ranges of application will quality constitute the application at any given factor in time.
Expected utility idea is used as a device for analyzing conditions wherein people ought to make a choice with out understanding the effects which can end result from that choice, i.e., choice making below uncertainty. These people will pick the motion to be able to bring about the best Expected utility, that's the sum of the goods of chance and application over all viable effects. The choice made can even rely on the agent’s threat aversion and the application of different agents.
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