The statement that is true regarding cost-cutting proposals is "Cost-cutting proposals main benefits come from the change in sales due to the response from the cost-cutting proposal."
When organizations are experiencing difficult economic times, they look for methods to save money and cut expenses. One approach is to come up with cost-cutting proposals. They are utilized to cut expenses and boost the organization's profitability. Although it is vital to assess costs, making smart proposals necessitates more than just examining them. They also need a better understanding of the business and its challenges. Therefore, cost-cutting proposals' main benefits come from the change in sales due to the response from the cost-cutting proposal, according to the statement. The statement is true regarding cost-cutting proposals.
Learn more about proposals brainly.com/question/27910621
#SPJ11
an investor should expect to receive a risk premium for
An investor should expect to receive a risk premium for the higher level of risk undertaken.
It refers to the extra yield an investor expects to receive for buying a security with more risk than the risk-free rate (such as a U.S. Treasury bond) in the market.
Here are the details of the terms included in your question:
150: 150 is a number that comes after 149 and before 151. It's an even number, and it is divisible by 1, 2, 3, 5, 6, 10, 15, 25, 30, 50, 75, and 150. The sum of its factors is 372.
Investor: An investor is a person or institution that puts money into a financial scheme with the aim of obtaining a profit. Investors can be individuals, corporations, governments, and other organizations.
Premium: Premium is the amount a policyholder or insurer pays in exchange for protection against losses. It is an expense of doing business for insurance firms.
Learn more about investor from this link:
https://brainly.com/question/29547577
#SPJ11
people or firms use one currency to purchase another currency at the _______________________.
People or firms use one currency to purchase another currency at the foreign exchange market. The foreign exchange market, also known as the forex market or FX market, is a decentralized global market where participants can buy, sell, and exchange different currencies.
The foreign exchange market is a decentralized global market where participants can buy, sell, and exchange different currencies. It operates 24 hours a day, five days a week, and includes various participants such as banks, financial institutions, corporations, governments, and individual traders. In the foreign exchange market, currencies are traded in pairs, with one currency being bought while another is sold, the price at which one currency is exchanged for another is known as the exchange rate. Exchange rates fluctuate based on supply and demand factors, including interest rates, economic indicators, geopolitical events, and market sentiment.
Learn more about the foreign exchange market: https://brainly.com/question/6675565
#SPJ11
What is the CashCT value (in days) for the company you are considering to acquire given the following information:
Days in the period: 35
Sales: $16,480,979
AR: $3,987,037
AP: $6,319,079
Inventory: $7,693,047
Cost of Sales: 74.7
(Keep two decimal places in your answer)
The Cash Conversion Cycle (CashCT) value for the company being considered for acquisition is 51.01 days.
The Cash Conversion Cycle (CashCT) is a financial metric that measures the time it takes for a company to convert its investments in inventory and accounts receivable into cash flow through sales. It indicates the efficiency of a company's cash management and liquidity.
To calculate the CashCT value, we need the following information:
1. Days in the period: 35
2. Sales: $16,480,979
3. Accounts Receivable (AR): $3,987,037
4. Accounts Payable (AP): $6,319,079
5. Inventory: $7,693,047
6. Cost of Sales: 74.7%
The formula to calculate CashCT is:
CashCT = (AR + Inventory - AP) / (Cost of Sales * Days in the period)
Substituting the values into the formula:
CashCT = ($3,987,037 + $7,693,047 - $6,319,079) / (0.747 * 35)
After performing the calculations, the CashCT value for the company is found to be approximately 51.01 days, rounded to two decimal places.
This means that, on average, it takes the company 51.01 days to convert its investments in inventory and accounts receivable into cash flow through sales. It provides an indication of the company's cash flow efficiency and the time it takes to generate cash from its operating activities.
Learn more about acquisition here:
brainly.com/question/28318155
#SPJ11
The coronavirus has caused factories to shut down and has clogged shipping routes, helping to limit the supply of cars and couches and pushing prices higher. Is there any chance that consumers have a say in what is happening?
The coronavirus pandemic has caused factories to shut down and has clogged shipping routes, helping to limit the supply of cars and couches and pushing prices higher.
Consumers have some say in what is happening because of the economic forces of supply and demand. They may be unable to force a supply of goods, however, their buying choices can determine the prices of items.
Suppose the demand for goods is high while the supply is low. In that case, suppliers can raise the prices of goods because people will still buy them, which will result in more revenue for the business. Conversely, if demand is low, but supply is high, prices will decrease because suppliers will want to get rid of the products in stock to free up space for other products.
Suppliers may also sell products at a low price if they wish to enter the market. The number of people willing to buy a product can influence whether a supplier enters the market or not. Additionally, sellers may also lower prices if they're experiencing high competition.
More on supply and demand: https://brainly.com/question/1222851
#SPJ11
A trader sells five futures contracts on gold. The current futures price is $1600 per ounce. Each contract is for the delivery of 100 ounces. The initial margin is $10,000 per contract and the maintenance margin is $7,000 per contract. What price change would lead to a margin call? Under what circumstances could $2,500 be withdrawn from the margin account?
Hint: You can withdraw funds from the margin account if the total balance is higher than the initial margin, given that the balance remains at or above the initial margin.
A margin call would occur if the futures price decreases by $300 per ounce. $2,500 could be withdrawn from the margin account if the total balance remains at or above the initial margin.
To determine the price change that would lead to a margin call, we need to consider the initial margin and maintenance margin. A margin call occurs when the account equity falls below the maintenance margin. The initial margin is $10,000 per contract, and since the trader sells five contracts, the total initial margin is $50,000 ($10,000 * 5).
The maintenance margin is $7,000 per contract, resulting in a total maintenance margin of $35,000 ($7,000 * 5).To calculate the price change that would trigger a margin call, we need to determine the difference between the initial margin and the maintenance margin: Margin Call Price Change = (Initial Margin - Maintenance Margin) / (Contracts * Ounces per Contract)
Plugging in the values, we have: Margin Call Price Change = ($10,000 - $7,000) / (5 * 100).Calculating the expression, we find that a price change of $300 per ounce would lead to a margin call. Regarding the withdrawal of $2,500 from the margin account, it is possible if the total balance in the account remains at or above the initial margin.
As long as the balance is equal to or exceeds $50,000 (the total initial margin), the trader can withdraw $2,500 from the margin account. However, if the balance falls below the initial margin, the trader would not be able to withdraw the funds.
Learn more about trader here:
https://brainly.com/question/29733491
#SPJ11
in the markets for goods and services in the circular-flow diagram,
In the markets for goods and services in the circular-flow diagram, households are the buyers and firms are the sellers.
The circular-flow diagram is a simplified representation of the flow of goods, services, and money in an economy. In the markets for goods and services, households play the role of buyers, as they purchase goods and services from firms. These goods and services can include everyday consumer products, such as food, clothing, and electronics, as well as services like healthcare and transportation.
On the other hand, firms act as the sellers in these markets, producing and offering goods and services to meet the demands of households. This exchange of goods and services for money forms a fundamental part of the circular flow of the economy.
You can learn more about buyers at
https://brainly.com/question/906651
#SPJ11
1.Corporate social responsibility focuses on obligation and accountability of a firm towards its stakeholders. A.True B. False 2. In Carroll's pyramid of corporate social responsibility, ethical respo
1. Corporate social responsibility focuses on obligation and accountability of a firm towards its stakeholders is a True statement. 2. The statement is true that in Carroll's pyramid of corporate social responsibility, ethical responsibility is at the second level of the pyramid.
1. Corporate social responsibility (CSR) is a type of business self-regulation with the goal of being socially accountable. Corporations are encouraged to embrace socially responsible policies in order to balance the effects of their economic operations with those of the broader social environment. CSR encompasses a wide range of issues, including philanthropy, environmental conservation, and social justice.
2. The term ethical responsibility at the second level in Carroll's pyramid of corporate social responsibility refers to the expectation that corporations will adhere to a specific standard of behavior that is consistent with society's values, norms, and expectations. So, the statement is true that in Carroll's pyramid of corporate social responsibility, ethical responsibility is at the second level of the pyramid. Hence, the answer is (A) True.
To know more about Corporate social responsibility refer to:
https://brainly.com/question/8003335
#SPJ11
When starting a clothing business you should explain how you
will approach planning in your company and the methodology you will
use.
In starting a clothing business, our company will approach planning by utilizing a comprehensive and systematic methodology. We will employ the following steps and strategies to ensure effective planning:
Market Research: We will conduct thorough market research to understand current fashion trends, customer preferences, and target market segments. This will involve analyzing industry reports, competitor analysis, and collecting customer feedback.
SWOT Analysis: We will perform a SWOT (Strengths, Weaknesses, Opportunities, Threats) analysis to assess our internal strengths and weaknesses as well as external opportunities and threats. This analysis will help us identify key areas for improvement and potential market opportunities.
Setting Objectives: Based on our market research and SWOT analysis, we will set clear and specific objectives for our clothing business. These objectives may include revenue targets, market share goals, brand positioning, or product expansion plans.
Developing a Business Plan: We will create a comprehensive business plan that outlines our mission, vision, target market, product range, pricing strategy, marketing and sales tactics, operational procedures, and financial projections. This plan will serve as a roadmap for our company's growth and guide decision-making processes.
Budgeting and Financial Planning: We will carefully allocate financial resources and develop a budget that aligns with our business objectives. This will involve forecasting costs, estimating revenue streams, and monitoring expenses to ensure profitability and sustainability.
Operational Planning: We will establish operational procedures and workflows to ensure smooth production, inventory management, and timely delivery of our clothing products. This may include sourcing materials, partnering with manufacturers, and implementing quality control measures.
Marketing and Branding Strategy: We will create a comprehensive marketing and branding strategy to raise awareness about our clothing brand. This may involve digital marketing, social media campaigns, influencer collaborations, and traditional advertising methods.
Monitoring and Evaluation: Regular monitoring and evaluation will be conducted to assess the effectiveness of our planning strategies and make necessary adjustments. Key performance indicators (KPIs) will be tracked to measure progress towards our objectives.
Our clothing business will approach planning in a systematic manner, incorporating market research, SWOT analysis, objective setting, business planning, budgeting, operational planning, marketing strategy, and ongoing monitoring and evaluation. This comprehensive approach will enable us to make informed decisions, adapt to market changes, and achieve long-term success in the clothing industry.
To know more about business visit,
https://brainly.com/question/18307610
#SPJ11
On May 1, 2020, Riverbed Company Enters Into A Contract To Transfer A Product To Eric Company On September 30,2020 . It Is Agreed That Eric Will Pay The Full Price Of $23,410 In Advance On June 15, 2020, Eric Pays On June 15. 2020, And Riverbed Delivers The Product On September 30, 2020. Prepare The Journal Entries Required For Riverbed In 2020. (Credit
In accounting, a journal entry is used to record transactions in a systematic way for a particular period. Here is the journal entry for the transaction Riverbed Company entered into with Eric Company in 2020.On May 1, 2020, the company Riverbed enters into a contract with Eric Company to transfer a product to Eric on September 30, 2020.
In this agreement, Eric will pay the full price of $23,410 in advance on June 15, 2020. On June 15, 2020, Eric pays, and Riverbed delivers the product on September 30, 2020.The journal entries required for Riverbed in 2020 are as follows:
On June 15, 2020, when Eric pays for the product, Riverbed will record the transaction using the following journal entry:
Cash account $23,410Accounts Receivable $23,410 (Being payment received in advance from Eric for the product to be transferred on 30th September 2020)On September 30, 2020, when Riverbed delivers the product to Eric, it records the transaction using the following journal entry.
To know more about transactions visit:
https://brainly.com/question/24730931
#SPJ11
Mark's Machine Shop maintains the accounting records of the shop on a cash basis. During 20×8, Mark collected cash of $155,992 and paid out cash of $60,414. At January 1, accrued expenses was $3,096 and prepaid expenses was $2,035. By December 31, accrued expenses was $2,024 and prepaid expenses was $2,924. Calculate the accrual based net income. a. 97,539 b. 99,317 c. 95,395 d. 93,617
The accrual based net income is $95,212.
option c. 95,395 is incorrect.
The accrual based net income is computed by making adjustments to the cash transactions of the business to account for revenues earned but not yet collected, and expenses incurred but not yet paid.
The accrual basis of accounting is in contrast to the cash basis of accounting which records transactions only when cash is received or paid.Calculation of accrual based net income:Cash collected = $155,992Cash paid out = $60,414Accrued expenses on January 1 = $3,096Prepaid expenses on January 1 = $2,035Accrued expenses on December 31 = $2,024Prepaid expenses on December 31 = $2,924.
The formula to calculate accrual basis net income is:Net income on accrual basis = Cash basis net income + Accrual adjustments - Prepaid adjustmentsAccrual adjustments = Increase in accrued expenses - Decrease in prepaid expenses= ($2,024 - $3,096) - ($2,924 - $2,035)= -$1,072 - (-$889)= -$1,072 + $889= -$183 (negative means an expense)Prepaid adjustments = Decrease in prepaid expenses - Increase in accrued expenses= ($2,035 - $2,924) - ($3,096 - $2,024)= -$889 - (-$1,072)= -$889 + $1,072= $183 (positive means an income)Cash basis net income = Cash collected - Cash paid out= $155,992 - $60,414= $95,578Net income on accrual basis = Cash basis net income + Accrual adjustments - Prepaid adjustments= $95,578 + (-$183) - $183= $95,212.
for more questions on net income
https://brainly.com/question/28390284
#SPJ8
Happy Times, Inc., wants to expand its party stores into the Southeast. In order to establish an immediate presence in the area, the company is considering the purchase of the privately held Joe’s Party Supply. Happy Times currently has debt outstanding with a market value of $130 million and a YTM of 9 percent. The company’s market capitalization is $270 million, and the required return on equity is 14 percent. Joe’s currently has debt outstanding with a market value of $26 million. The EBIT for Joe’s next year is projected to be $16.0 million. EBIT is expected to grow at 7 percent per year for the next five years before slowing to 5 percent in perpetuity. Increases in net working capital and capital spending as a percentage of EBIT are expected to be 6 percent and 12 percent, while depreciation is expected to be 5 percent of EBIT. Joe’s has 2.15 million shares outstanding and the tax rate for both companies is 35 percent.
a. What is the maximum share price that Happy Times should be willing to pay for Joe’s? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)
Maximum share price $ ___.__
After examining your analysis, the CFO of Happy Times is uncomfortable using the perpetual growth rate in cash flows. Instead, she feels that the terminal value should be estimated using the EV / EBITDA multiple. The appropriate EV / EBITDA multiple is 9.
b. What is your new estimate of the maximum share price for the purchase? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))
Maximum share price $ ___.__
a. Maximum share price $57.67. b. Maximum share price $28.40.
a. Maximum share price
Maximum share price = [EBIT(1 - Tax rate) × (1 + Depreciation / EBIT) × (1 - 1 / (1 + WACC) ^ n) + Terminal value / (1 + WACC) ^ n] / Number of shares outstanding
Where, Terminal value = Terminal EBIT x (1 - Tax rate) / WACC and
Terminal EBIT = EBIT(1 + G) Next year EBIT = $16 million, hence EBIT at year 5 will be;
EBIT at year 5 = EBIT(1 + G) ^ n= $16 million(1 + 7%) ^ 5= $26.06 million
Terminal EBIT = $26.06 million(1 + 5%) / (14% - 5%)= $252.38 million
Terminal value = $252.38 million(1 - 35%) / 14% - 5%)= $2,650.55 million
Maximum share price = [$16 million(1 - 35%) × (1 + 5%) / $130 million + $2,650.55 million / (1 + 14%) ^ 5] / 2.15 million= $57.67
Thus, the maximum share price that Happy Times should be willing to pay for Joe’s is $57.67. Answer: $57.67b. New estimate of maximum share price
b. Happy Times, Inc.’s CFO is uncomfortable using the perpetual growth rate in cash flows. Instead, she feels that the terminal value should be estimated using the EV / EBITDA multiple, where the appropriate EV / EBITDA multiple is 9.
To calculate the new estimate of the maximum share price for the purchase using the EV / EBITDA multiple, we use the following formula: Enterprise value (EV) = EBITDA x EV / EBITDA multiple
Number of shares outstanding = Enterprise value (EV) - Market value of debt
Enterprise value (EV) = EBIT x (1 - Tax rate) + Depreciation - Capital expenditures - Increase in net working capital = $16 million × (1 - 35%) + ($16 million × 5%) - ($16 million × 12%) - ($16 million × 6%) = $7.84 million
Number of shares outstanding = ($7.84 million x 9) - $26 million= $51.76 million
Maximum share price = ($7.84 million x 9) - $26 million / 2.15 million= $28.40
Thus, the new estimate of the maximum share price for the purchase using the EV / EBITDA multiple is $28.40.
Learn more about shares outstanding here: https://brainly.com/question/31866064
#SPJ11
A totrep investor ranks lotteries according to the utility function U(p)=∑x∈Xp(x)x
(a) The investor has constant wealth 500 and is offered to buy an α∈[0,1] share of a project that either gains 110 or loses 100 with equal probabilities. What is the optimal α for this investor? (b) Now assume that the investor's wealth is 600 if the project gains 110 and 400 if the project loses 100 . What is the optimal α in this case? (Check corner solution)
The optimal α is the same, indicating that the investor's utility-maximizing decision does not depend on their wealth.
(a) To determine the optimal α for the investor with constant wealth 500, we need to find the share value that maximizes their utility function U(p) = ∑x∈Xp(x)x, given the probabilities and outcomes of the project.
In this case, the project has equal probabilities of gaining 110 or losing 100. Let's denote the probability of gaining 110 as p and the probability of losing 100 as 1 - p.
The utility function becomes U(p) = p * 110 + (1 - p) * (-100).\
To find the optimal α, we need to find the value of p that maximizes the utility function. Taking the derivative of U(p) with respect to p and setting it equal to zero, we can find the critical point:
dU(p)/dp = 110 - 100 = 0.
This implies that α should be chosen such that the probability of gaining 110 equals the probability of losing 100. Therefore, the optimal α in this case is α = 0.5.
(b) Now, assuming the investor's wealth is 600 if the project gains 110 and 400 if the project loses 100, we need to consider the investor's updated utility function.
The utility function becomes U(p) = p * 110 + (1 - p) * (-100).
To find the optimal α, we again take the derivative of U(p) with respect to p and set it equal to zero:
dU(p)/dp = 110 - 100 = 0.
Similar to the previous case, α should be chosen such that the probability of gaining 110 equals the probability of losing 100. Therefore, the optimal α remains the same, which is α = 0.5.
In both cases, the optimal α is the same, indicating that the investor's utility-maximizing decision does not depend on their wealth. It is solely determined by the equal probabilities of gaining and losing in the project.
To learn more about probabilities
https://brainly.com/question/29109857
#SPJ11
How does lean production differ from "batch work" methods?
A) It stresses the need for using the maximum number of people for production.
B) It has fewer employees who are well trained.
C) It has more opportunity to cut costs by laying off employees.
D) It emphasizes the use of maximum materials.
E) It employs a large number of low-skilled workers.
Lean production differs from "batch work" methods in that it emphasizes the need for fewer well-trained employees, cost-cutting through process improvement rather than layoffs, and the efficient use of materials (B).
Lean production is a manufacturing approach focused on maximizing efficiency, eliminating waste, and continuously improving processes. It stands in contrast to "batch work" methods, which typically involve producing goods in large batches and having a higher number of workers performing specific tasks.
Option A, which states that lean production stresses the need for using the maximum number of people for production, is incorrect. Lean production actually aims to optimize the workforce by having a smaller number of employees who are well trained and capable of performing multiple tasks.
Option C, suggesting that lean production provides more opportunities to cut costs by laying off employees, is also incorrect. Lean production focuses on improving processes to eliminate waste and inefficiencies, rather than relying on layoffs as a cost-cutting measure.
Option D, emphasizing the use of maximum materials, is not an accurate description of lean production. Lean production aims to minimize waste, including the efficient use of materials, by implementing practices such as just-in-time inventory management.
Option E, stating that lean production employs a large number of low-skilled workers, is not consistent with the principles of lean production. Lean production encourages the development of a skilled workforce capable of performing a variety of tasks efficiently.
The correct answer is option B, as lean production emphasizes having fewer employees who are well trained and capable of contributing to process improvement and efficiency gains.
Learn more about Lean production here:
brainly.com/question/33119976
#SPJ11
Using the following accounts Cash -Php 20,000; Loans Payable -Php 88,500; Accounts Receivable Php 7,300; Inventory -Php 8,400; Supplies -Php 5,200; Equipment -62,000; Owner's Equity -Php 98,000; Accounts Payable -Php 32,400; Building -Php 133,000. How much is the total Assets, total Liabilities and
The total Assets is Php 235,900 and the total Liabilities is Php 120,900.
How to find?The total Assets can be calculated by adding up the values of the Cash, Accounts Receivable, Inventory, Supplies, Equipment, and Building accounts.
Total Assets = Cash + Accounts Receivable + Inventory + Supplies + Equipment + Building
Total Assets = Php 20,000 + Php 7,300 + Php 8,400 + Php 5,200 + Php 62,000 + Php 133,000
Total Assets = Php 235,900
The total Liabilities can be calculated by adding up the values of the Loans Payable and Accounts Payable accounts.
Total Liabilities = Loans Payable + Accounts Payable
Total Liabilities = Php 88,500 + Php 32,400
Total Liabilities = Php 120,900
Therefore, the total Assets is Php 235,900 and the total Liabilities is Php 120,900.
To know more on Assets visit:
https://brainly.com/question/14826727
#SPJ11
For the next fiscal year, you forecast net income of $49,500 and ending assets of $507,500. Your firm's payout ratio is 9.8%. Your beginning stockholders' equity is $296,400 and your beginning total liabilities are $120,400. Your non-debt liabilities such as accounts payable are forecasted to increase by $10,500. Assume your beginning debt is $112,500. What amount of equity and what amount of debt would you need to issue to cover the net new financing in order to keep your debt-equity ratio constant? The Tax Cuts and Jobs Act of 2017 temporarily allows 100% bonus depreciation (effectively expensing capital expenditures). However, we will still include depreciation forecasting in this chapter and in these problems in anticipation of the return of standard depreciation practices during your career. The amount of debt needed to maintain the debt-to-equity ratio is found solving the following for debt:
New Equity
New Debt
= Debt-to-Equity Ratio where: New Equity = New Assets - New Non-debt Liabilities - New Debt Therefore, For the next fiscal year, you forecast net income of $49,500 and ending assets of $507,500. Your firm's payout ratio is 9.8%. Your beginning stockholders' equity is $296,400 and your beginning total liabilities are $120,400. Your non-debt liabilities such as accounts payable are forecasted to increase by $10,500. Assume your beginning debt is $112,500. What amount of equity and what amount of debt would you need to issue to cover the net new financing in order to keep your debt-equity ratio constant? The Tax Cuts and Jobs Act of 2017 temporarily allows 100% bonus depreciation (effectively expensing capital expenditures). However. we will still include depreciation forecasting in this chapter and in these problems in anticipation of the return of standard depreciation practices during your career. New Equity = New Assets - New Non-debt Liabilities - New Debt Therefore,
$489,100− New Debt
New Debt
=0.379555 New Debt =$134,565 The amount of debt needed to maintain the ratio is $134,565.
To maintain a constant debt equity ratio, you would need to issue $134,565 in new debt.
In order to calculate the amount of debt needed to maintain the debt-equity ratio, we need to determine the new equity and new debt. The formula to calculate new equity is: New Equity = New Assets - New Non-debt Liabilities - New Debt. Given the information provided, the ending assets for the next fiscal year are projected to be $507,500 and the non-debt liabilities are expected to increase by $10,500.
Plugging in the values, we have: New Equity = $507,500 - ($10,500 + New Debt).To maintain a constant debt-equity ratio, we need to solve the equation: Debt-to-Equity Ratio = New Debt / New Equity. The debt-to-equity ratio is given as 0.379555, which means the ratio of debt to equity should be maintained at that level.
Rearranging the equation, we have: New Debt = Debt-to-Equity Ratio * New Equity, Substituting the values, we get: New Debt = 0.379555 * ($507,500 - ($10,500 + New Debt)).Solving this equation, we find that the amount of new debt needed to maintain assets the debt-equity ratio is approximately $134,565. Therefore, you would need to issue $134,565 in new debt to cover the net new financing and keep the debt-equity ratio constant.
Learn more about assets here:
https://brainly.com/question/33117914
#SPJ11
The Brady family have a weekly budget of €200 to be spent on Food (F) and Other Goods (OG), which are initially equally priced at €10 and €20 per unit, respectively. Given recent inflation, the government has concerns about the ability of large families to afford an adequate diet for children. Due to this, the government announces that when Food consumption exceeds 12 units, the government will subsidise food consumption so that the price per subsequent unit will be €5 for any family. With Food on the horizontal axis, show the family’s pre and post-scheme budget line. Can we definitively determine the family’s utility maximising consumption bundle as a result of the government scheme?
The post-scheme budget line will have a different slope beyond 12 units of food consumption.
Before the government scheme, the budget line of the brady family can be represented by the equation:
10f + 20og = 200
to determine the pre-scheme budget line, we can rearrange the equation as follows:
og = (200 - 10f) / 20
now, with the government scheme, when food consumption exceeds 12 units (f > 12), the price per subsequent unit is reduced to €5. this means that for any food consumption beyond 12 units, the price per unit is fixed at €5. let's calculate the pre-scheme and post-scheme budget lines for the brady family:
1. pre-scheme budget line:og = (200 - 10f) / 20
2. post-scheme budget line:
for f ≤ 12: og = (200 - 10f) / 20for f > 12: og = (200 - (12 * 10) - (f - 12) * 5) / 20
to graphically represent the pre and post-scheme budget lines, we plot the quantity of food (f) on the horizontal axis and the quantity of other goods (og) on the vertical axis. we can then draw the two budget lines using the equations above.
however, we cannot definitively determine the family's utility-maximizing consumption bundle solely based on the government scheme. utility maximization depends on individual preferences and the specific utility function of the family. to determine the optimal consumption bundle, we need information about the family's preferences, such as their utility function or indifference curves.
Learn more about budget here:
https://brainly.com/question/31952035
#SPJ11
what is the difference between the SEC and FINRA as regulators?
why do we give regulatory power to FINRA and not the ICI?
The SEC (Securities and Exchange Commission) and FINRA (Financial Industry Regulatory Authority) are both regulatory bodies in the United States, but they have different roles and responsibilities.
The SEC is a government agency that is primarily responsible for regulating and overseeing the securities industry. It is tasked with protecting investors, maintaining fair and efficient markets, and facilitating capital formation. The SEC enforces securities laws, sets rules for financial markets, and reviews disclosures made by companies.
On the other hand, FINRA is a self-regulatory organization (SRO) authorized by Congress to regulate the brokerage industry. It is a non-governmental organization that is overseen by the SEC. FINRA focuses on regulating the behavior and activities of brokerage firms and their registered representatives. It establishes and enforces rules to ensure fair and ethical practices in the industry, conducts examinations, and provides investor education.
As for the second part of your question, regulatory power is given to FINRA because it has specific expertise and knowledge in regulating the brokerage industry. The Investment Company Institute (ICI), on the other hand, is a trade association representing investment companies. While the ICI plays an important role in advocating for the interests of its members, it does not have the regulatory authority or the expertise to oversee and enforce industry rules and regulations like FINRA does.
In summary, the SEC and FINRA have distinct roles in regulating the securities industry, with the SEC overseeing the industry as a whole and FINRA focusing on the brokerage industry. FINRA is given regulatory power due to its expertise, while the ICI is a trade association without regulatory authority.
To know more about Financial visit :
https://brainly.com/question/28319639
#SPJ11
Tommy exchanges Iowa farmland (adjusted basis $2,000,000, FMV $5,000,000) for undeveloped land in Arizona worth $4,750,000 and cash of $250,000.
What is Tommy's realized gain?
What is Tommy's recognized gain?
What is Tommy's basis in the newly acquired Arizona land?
Tommy's basis in the newly acquired Arizona land is $1,750,000. Tommy's realized gain is the fair market value of the property he received in exchange for the Iowa farmland, minus the adjusted basis of the Iowa farmland.
Therefore:
Realized Gain = Fair Market Value of Arizona land + Cash - Adjusted Basis of Iowa farmland
Realized Gain = $4,750,000 + $250,000 - $2,000,000
Realized Gain = $3,000,000
Tommy's recognized gain will depend on whether or not the exchange qualifies as a like-kind exchange under Section 1031 of the Internal Revenue Code. If the exchange does qualify, Tommy can defer recognition of the gain and take a carryover basis in the newly acquired Arizona land. If the exchange does not qualify, Tommy must recognize the entire realized gain.
Assuming that the exchange does qualify as a like-kind exchange, Tommy's recognized gain is zero, because he is deferring recognition of the gain and taking a carryover basis in the newly acquired Arizona land.
Tommy's basis in the newly acquired Arizona land is equal to his adjusted basis in the Iowa farmland, minus any cash received, plus any gain recognized (if applicable). Since no gain is being recognized and Tommy received cash of $250,000, his basis in the Arizona land is:
Basis in Arizona land = Adjusted Basis of Iowa farmland - Cash Received
Basis in Arizona land = $2,000,000 - $250,000
Basis in Arizona land = $1,750,000
Therefore, Tommy's basis in the newly acquired Arizona land is $1,750,000.
learn more about fair market here
https://brainly.com/question/30360568
#SPJ11
what information can supply chain management provide to management to support an organizations strategic growth?
Supply chain management provides information on demand forecasting, inventory optimization, cost analysis, supply chain network design, and risk management.
Supply chain management plays a crucial role in supporting an organization's strategic growth by providing valuable information to management. By effectively managing the flow of goods, services, and information from suppliers to customers, supply chain management can enhance operational efficiency, reduce costs, and improve customer satisfaction. Here's a detailed explanation using mathematical terms:
1. Demand forecasting: Supply chain management can provide accurate demand forecasts based on historical data, market trends, and customer behavior analysis. These forecasts help management make informed decisions about production levels, inventory management, and resource allocation, ensuring that the organization can meet customer demand while minimizing excess inventory or stockouts.
2. Inventory optimization: By utilizing mathematical models like economic order quantity (EOQ) and just-in-time (JIT) principles, supply chain management can determine the optimal inventory levels for different products. This information enables management to minimize carrying costs while ensuring sufficient stock availability to meet customer demands.
3. Cost analysis: Supply chain management can provide cost breakdowns at various stages of the supply chain, including procurement, production, transportation, and distribution. This information helps management identify cost drivers, evaluate cost-saving opportunities, and make informed decisions about supplier selection, transportation modes, and warehousing strategies.
4. Supply chain network design: Using mathematical optimization models, supply chain management can analyze different scenarios and determine the optimal configuration of the supply chain network. This includes decisions related to the number and location of manufacturing plants, distribution centers, and transportation routes. Optimizing the supply chain network can result in cost savings, improved service levels, and enhanced flexibility to support strategic growth.
5. Risk management: Supply chain management can identify and assess potential risks, such as supplier disruptions, transportation delays, or natural disasters. Through mathematical modeling and simulation techniques, management can evaluate the impact of these risks and develop contingency plans to mitigate them, ensuring the smooth functioning of the supply chain and minimizing the negative effects on strategic growth.
In summary, supply chain management provides information on demand forecasting, inventory optimization, cost analysis, supply chain network design, and risk management. This information empowers management to make data-driven decisions that support the organization's strategic growth goals, leading to improved operational efficiency, cost reduction, customer satisfaction, and overall competitiveness.
To know more about Supply Chain here
https://brainly.com/question/32556129
#SPJ4
Consider a hypothetical economy where: C(Yd) = 58 + 0.6 × Yd I(r) = 52 − 0.2 × r G = 180 t = 0.4 (represents 40%)
1. Using the information above, write out the planned Aggregate Expenditure equation. (Hint: Remember that this takes the form of AE = . . . .)
2. Write down an expression for the Investment-Savings (IS) Curve. (First use the AE equation to find an expression for equilibrium Y . Next, remember that the IS equation takes the form of r = ....)
3. Assume that inflation is zero, so that i = r. This economy’s central bank follows a given Monetary Policy Rule: r = i = 0.02 × Y + 0.05 × P , where P is the price level. Given this and the expression for the IS Curve, write down an expression for the Aggregate Demand Curve. (Remember that the AD Curve takes the form P = . . . .)
The planned Aggregate Expenditure equation is AE = C + I + G + (X - M), where C represents consumption, I represents investment, G represents government spending, and (X - M) represents net exports.
1. The planned Aggregate Expenditure equation combines all components of expenditure in an economy, including consumption, investment, government spending, and net exports. It can be written as AE = C + I + G + (X - M), where C represents the consumption function, I represents investment, G represents government spending, and (X - M) represents net exports.
2. The Investment-Savings (IS) Curve equation relates equilibrium output to consumption, investment, and government spending. It can be written as Y = C + I(r) + G, where Y represents the equilibrium output, C represents consumption, I(r) represents investment as a function of the interest rate, and G represents government spending.
3. Assuming zero inflation, the interest rate (r) and the nominal interest rate (i) are equal. The Monetary Policy Rule r = 0.02Y + 0.05P determines the interest rate based on output (Y) and the price level (P). By substituting I(r) with the monetary policy rule into the IS Curve equation, we get an expression for the Aggregate Demand Curve: P = C + I(0.02Y + 0.05P) + G. This equation relates the price level (P) to consumption, investment (determined by the monetary policy rule), and government spending.
Learn more about investment from here:
https://brainly.com/question/30105963
#SPJ11
Which of the following was NOT discussed in this course within the context of client negotiation levers?
Loan Type
All-in Rate
Amortization Period
Loan-to-Value
The loan type was NOT discussed in this course within the context of client negotiation levers.
Explanation:
Throughout the course on client negotiation levers, topics such as all-in rate, amortization period, and loan-to-value were likely covered extensively. These factors play a crucial role in negotiating and structuring loan agreements. The all-in rate refers to the total interest rate charged on a loan, including both the nominal interest rate and any additional fees or costs associated with the loan. The amortization period represents the length of time over which the loan will be repaid, determining the size and frequency of the loan payments. Loan-to-value (LTV) ratio is a financial metric that compares the loan amount to the appraised value of the collateral securing the loan, providing an indication of the risk associated with the loan.
However, the specific loan type was not mentioned as a topic within the context of client negotiation levers in the course. Loan type typically refers to the categorization of loans based on their characteristics, such as fixed-rate loans, adjustable-rate loans, secured loans, unsecured loans, etc. While loan type is an important consideration in the lending process, it may not have been discussed in relation to negotiation levers specifically in this particular course.
To know more about amortization period here: brainly.com/question/30506437
#SPJ11
What is the present value (PV) of a 10 -year bond (N=10) that has 3% annual required rate (I/Y=3) and 0% annual coupon rate (PMT $0 )? (Assume the the future value-FV is $1000 ) $744.09
$692.23
$1120.58
$1231.65
None of the
The present value (PV) of the 10-year bond is approximately $744.09. Among the given answer choices, the correct one is $744.09.
To calculate the present value (PV) of a 10-year bond with a 3% annual required rate and 0% annual coupon rate, we can use the present value formula for a single future cash flow:
PV = FV / (1 + r)^n
Where:
PV = Present value
FV = Future value
r = Required rate of return
n = Number of periods
In this case, the future value (FV) of the bond is $1000, the required rate of return (r) is 3%, and the number of periods (n) is 10.
Substituting the values into the formula, we have:
PV = $1000 / (1 + 0.03)^10
Calculating the denominator first:
(1 + 0.03)^10 = 1.03^10 ≈ 1.343916
Now, substitute the value back into the formula:
PV ≈ $1000 / 1.343916
PV ≈ $744.09
Therefore, the present value (PV) of the 10-year bond is approximately $744.09.
Among the given answer choices, the correct one is $744.09.
It's important to note that the present value represents the current worth of the bond, taking into account the required rate of return and the time value of money. It is the maximum price an investor should be willing to pay for the bond in order to achieve the desired rate of return.
To know more about bond visit:
https://brainly.com/question/25965295
#SPJ11
A company is considering acquiring a smaller rival firm. If the transaction occurs, the company anticipates $150 million of expense reduction through administrative, information technology, and supply chain efficiencies resulting from the larger, combined company. Which of the following statements is correct? a) The $150 million of expense reduction is a working capital investment, and will increase the net present value (NPV) of the project. b) The $150 million of expense reduction is a sunk cost, and will decrease the net present value (NPV) of the project. c) The $150 million of expense reduction is a synergy, and will increase the net present value (NPV) of the project. d) The $150 million of expense reduction is an opportunity cost, and will decrease the net present value (NPV) of the project.
The correct statement is: The $150 million of expense reduction is a synergy, and will increase the net present value (NPV) of the project.
In the context of a company considering acquiring a smaller rival firm, the $150 million of expense reduction represents potential synergies that can be achieved through administrative, information technology, and supply chain efficiencies resulting from the combination of the two companies. Synergies are expected to create value and enhance the financial performance of the combined entity. As a result, these expense reductions would increase the net present value (NPV) of the project, making it a beneficial factor in the acquisition decision.
know more about net present valuehere:
https://brainly.com/question/32720837
#SPJ11
Develop a Model of Marketing Process of any brand of your
choice.
Coca-Cola's marketing process involves a systematic approach to understanding the market, developing effective strategies, implementing plans, and continuously evaluating performance.
Model of Marketing Process: Coca-Cola
The marketing process of Coca-Cola involves a series of steps to effectively promote and sell its beverages worldwide.
1. Situation Analysis: Coca-Cola begins by conducting a comprehensive analysis of the market, including customer needs, competitors, and environmental factors. They gather data on consumer preferences, market trends, and the competitive landscape to identify opportunities and challenges.
2. Marketing Strategy Development: Based on the situation analysis, Coca-Cola formulates a marketing strategy. This includes defining target markets, positioning the brand, and setting marketing objectives. They segment the market based on factors such as demographics, psychographics, and geographic location to create targeted campaigns.
3. Marketing Mix: Coca-Cola designs its marketing mix, consisting of the four Ps: Product, Price, Place, and Promotion. They develop innovative beverage products, determine pricing strategies to align with market demand, select appropriate distribution channels to reach consumers, and create promotional campaigns to communicate the brand's value proposition.
4. Implementation and Execution: In this phase, Coca-Cola implements its marketing plans by executing various activities such as product manufacturing, distribution, advertising, and sales promotions. They ensure the availability of their products in retail stores, restaurants, vending machines, and online platforms to cater to the diverse preferences of consumers.
5. Monitoring and Evaluation: Coca-Cola continuously monitors the performance of its marketing initiatives to measure their effectiveness. They track key performance indicators (KPIs) such as sales volume, market share, customer satisfaction, and brand awareness. This data helps them assess the success of their marketing efforts and make necessary adjustments or improvements.
6. Control and Feedback: Based on the monitoring and evaluation results, Coca-Cola applies control measures to maintain and enhance marketing performance. They analyze customer feedback, conduct market research, and gather insights to stay updated on evolving consumer preferences. This feedback loop allows them to make data-driven decisions and adapt their marketing strategies accordingly.
Coca-Cola's marketing process involves a systematic approach to understanding the market, developing effective strategies, implementing plans, and continuously evaluating performance. By carefully analyzing customer needs, positioning their brand, and leveraging the marketing mix, Coca-Cola has established itself as a globally recognized and successful beverage brand. Their commitment to monitoring, controlling, and adapting their marketing efforts enables them to stay competitive in the dynamic and ever-changing marketplace.
To know more about market follow the link:
https://brainly.com/question/25369230
#SPJ11
Data Two firms, a large firm and an SME, decide to embark on the creation of a new television format. To do this, heavy investments in research and development (R&D) are essential. The two firms estimate the potential size of the market to be in the order of $500 million in profit. Each of the two firms can decide to invest $200 million in R&D or wait, hoping to copy the other firm's technology if the latter decides to invest. More precisely : if the SME makes the investment and if the large firm waits: the large firm will easily copy the technological discovery and monopolize 70% of the market. The SME will then have 30% of the market; if the large firm makes the investment and if the SME waits: the SME can copy the technological discovery and recover 30% of the market share. The big firm will recover the rest of the market; if both firms invest: the SME will take 30% of the market and the large firm will take the rest; if the two firms wait: they will make no gain.
1-Represent this situation in matrix form by completing the following two-way table. In each box, write the profits of the SME and the large firm (expressed in millions).
large firm Invests in R&D Expects SME Invests in R&D Response ; Answer Answer ; Answer Wait for Answer ; Answer Answer ; Answer
2-What is the best response of the SME, if the large firm invests in R&D? Explain.
3-What is the best response from the SME, if the big firm is waiting? Explain.
4-What is the best response from the large firm, if the SME invests in R&D? Explain.
5-What is the best response from the big firm, if the SME waits? Explain
6-Does this situation exhibit one or more Nash equilibria? If yes, which ones?
1- The two-way table representing the situation in matrix form is as follows:
large firm Invests in R&D Waits
SME Invests in R&D (-200, -200) (90, 60)
Waits (60, 90) (0, 0)
In each box, the first number represents the profit of the SME, and the second number represents the profit of the large firm (both expressed in millions).
2- The best response of the SME, if the large firm invests in R&D, is to also invest in R&D. This is because if the SME waits while the large firm invests, the SME will only capture 30% of the market, resulting in a profit of $60 million. However, if the SME also invests, it can secure 30% of the market and earn a profit of $90 million.
3- The best response of the SME, if the big firm is waiting, is to wait as well. If the SME invests in R&D while the large firm waits, the SME will only capture 30% of the market, resulting in a profit of $60 million. However, if the SME waits, it will not incur the $200 million investment cost and will have a profit of $0, which is higher than investing and earning a lower profit.
4- The best response from the large firm, if the SME invests in R&D, is also to invest in R&D. If the SME invests and secures 30% of the market, the large firm can easily copy the technology and capture the remaining 70% of the market, resulting in a higher profit than if it waits.
5- The best response from the large firm, if the SME waits, is to also wait. If the SME waits, the large firm can copy the technology and monopolize 70% of the market, resulting in a higher profit compared to investing and capturing a smaller market share.
6- Yes, this situation exhibits one Nash equilibrium, which is when both firms wait. In this case, neither firm has an incentive to deviate from their strategy because if one firm invests while the other waits, the waiting firm can copy the technology and earn a higher profit. Thus, both firms waiting is a stable equilibrium where neither firm can unilaterally improve their outcome.
#SPJ11
Learn more on large firms here: https://brainly.com/question/28039495#
The Form 1040 has a Schedule 1, 2, 3, 4, 5 and 6. What information is provided on each of these forms?
What is the difference between taxes, penalties, and interest?
Can penalties be applied to tax preparers? To providers of informational returns?
Form 1040 is a United States Internal Revenue Service (IRS) tax form that is utilized by taxpayers to file their yearly income tax returns. The Form 1040 comprises a Schedule 1, 2, 3, 4, 5, and 6, with each of these forms requiring specific information to be reported. Here's what you need to know about each of these forms:
Schedule 1: Additional Income and Adjustments to Income
On this form, taxpayers are supposed to report additional income sources that aren't included on their W-2 form. It also consists of the adjustments to income, including deductible IRA contributions and student loan interest deductions.
Schedule 2: Additional Taxes
This form is for taxpayers who have alternative minimum tax or need to pay excess advance premium tax credit repayment.
Schedule 3: Additional Credits and Payments
The Schedule 3 form includes any non-refundable credits like the foreign tax credit and the credit for childcare and dependent care. It is also used to report refundable credits such as the earned income credit.
Schedule 4: Other Taxes
This form includes the taxes that don't have an allocated form for their reporting. These may include self-employment taxes and Social Security and Medicare taxes on tips that weren't reported to the employer.
Schedule 5: Other Payments and Refundable Credits
This form involves tax payments that the taxpayer has made, including estimated taxes, any amount paid with an extension, and excess Social Security tax withheld.
Schedule 6: Foreign Address and Third-Party Designee
The Schedule 6 form is for taxpayers who have a foreign address or want to designate someone else to speak to the IRS on their behalf.
To know more about refundable visit:
https://brainly.com/question/30935107
#SPJ11
only small companies can go through financial markets to obtain financing.
true
false
The given statement "only small companies can go through financial markets to obtain financing. " is False. Both small and large companies have the ability to access financial markets to obtain financing.
Financial markets provide a platform for companies to raise capital by issuing stocks, bonds, or other financial instruments. While it is true that larger companies often have greater access to financial markets due to their size, reputation, and established track record, small companies can still participate in these markets. In fact, financial markets have evolved to accommodate the financing needs of small businesses through various mechanisms.
For example, small companies can issue initial public offerings (IPOs) to raise capital by selling shares to the public. Additionally, there are alternative financing options available for small businesses, such as crowdfunding platforms, venture capital firms, angel investors, and private equity investors. These avenues enable small companies to access capital without necessarily going through the traditional stock exchanges.
Moreover, financial intermediaries like banks and lending institutions offer various financing options, such as loans, lines of credit, and trade credit, which are accessible to both small and large companies.
In conclusion, while larger companies may have more extensive options and ease of access to financial markets, small companies also have opportunities to obtain financing through various channels available in the financial ecosystem.
Know more about financial markets here:
https://brainly.com/question/32085422
#SPJ8
Change in Collection Policy
RBRB Corporation is studying a proposed collection system that will decrease collection period from 45 days to 30 days. To do this, administrative costs in relation to collection activities are expected to increase by 30% of net sales, which is projected to remain at P30,000,000. The effective rate of return prevailing in the market with the same type of investment risk at 12%.
Should RBRB Corporation institute the change in the collection system? Prove.
In analyzing if RBRB Corporation should institute the change in the collection system or not, there are different factors to be considered. This includes analyzing if the benefits derived from the change in the collection system would outweigh the costs, and the effectiveness of the new collection system on the company's profitability.
In this case, RBRB Corporation is studying a proposed collection system that would decrease the collection period from 45 days to 30 days. The administrative costs related to the collection activities are expected to increase by 30% of net sales, which is projected to remain at P30,000,000.
The effective rate of return prevailing in the market with the same type of investment risk at 12%.To determine if the change in the collection system would be beneficial to RBRB Corporation, the following formula would be used:
Benefit-Cost Ratio = (Cash Inflows/Cash Outflows).
Total benefit = -P7,767,124 Since the total benefit derived from the change in collection policy is negative, the company should not institute the change in the collection system as the costs associated with the change would outweigh the benefits derived from it.
To know more about Corporation visit:
https://brainly.com/question/28097453
#SPJ11
Which of the following is an example of a zero-level channel?
A) A company takes online orders from customers and ships the products to them.
B) An organization uses a combination of direct salespeople and sales agencies to increase sales.
C) A company sells its products through wholesalers and retailers.
D) A company sells its products through chains of supermarkets and other large sellers.
E) A large company forms alliances with smaller companies to increase sales coverage.
A zero-level channel is a direct selling method where the producer sells directly to the customers. Out of the given options, the example of zero-level channel is: A) A company takes online orders from customers and ships the products to them.
In the context of distribution channels, a zero-level channel (also known as a direct channel or producer-to-consumer channel) involves the direct sale of products from the producer or manufacturer to the end consumer without intermediaries.
This is a direct selling method as it involves no intermediaries. The producer sells the product to the customer directly without involving any other parties. In this example, the company does not use wholesalers, retailers, or any other intermediaries to sell their product. They take orders online and ship the products directly to the customers.Therefore, the correct option is A) A company takes online orders from customers and ships the products to them.
Learn more about company: https://brainly.com/question/24553900
#SPJ11
Chose the correct answer 1) Gross domestic product (GDP) measures the A) number of final goods and services produced in the economy in a given time period. B) number of final goods and services sold in the economy in a given time period. C) market value of old and new final goods and services sold in the economy in a given time period. D) market value of final goods and services produced in the economy in a given time period. 2) The factor market can best be described as where A) households buy goods and services. B) firms buy goods and services. C) firms buy the services of labor, land and capital. D) governments sell goods and services. 3) Choose the best statement. A) GDP equals aggregate expenditure and equals aggregate income. B) An increase in government purchases increases aggregate expenditure but does not change GDP. C) An increase in compensation of employees increases aggregate income but does not change GDP. D) GDP always equals aggregate expenditure and sometimes equals aggregate income. 4) Which of the following relationships is correct? A) Net Investment = Gross lnvestment + Depreciation B) Consumption expenditure = Net Investment − Depreciation C) Gross Investment = Net Investment + Depreciation D) Depreciation = Gross Investment - Consumption expenditure 5) In 2011, Armenia had a real GDP of $4.21 billion and a population of 2.98 million. In 2012 , real GDP was $4.59 billion and population was 2.97 million. What was Armenia's economic growth rate from 2011 to 2012 ? A) 0.38 percent B) 9.0 percent C) 3.8 percent D) 8.3 percent Page 12 of 15 FACULTY OF COMMERCE, MANAGEMENT AND LAW 6) Using the Rule of 70, if China's current growth rate of real GDP per person was 7 percent a year, how long would it take the country's real GDP per person to double? A) 35 years B) 14 years C) 10 years D) 49 years 7) The curvature of the production function shows that as employment increases, the productivity of labor A) remains positive and increases. B) remains positive but decreases. C) decreases and becomes negative. D) remains constant. 8) Suppose the money wage rate and the price level both fall by 5 percent. As a result, A) the quantity of labor demanded increases. B) the quantity of labor demanded decreases. C) the quantity of labor demanded does not change because there is no change in the real wage. D) people are worse off and there is more unemployment. 9) Which of the following statements is incorrect? A) The labor force is equal to the number of people employed plus the number of people unemployed. B) The working age population includes everyone over the age of 16 . C) The unemployment rate is the number of persons who are unemployed divided by the labor force then times 100 . D) The labor-force participation rate is the labor force divided by the working-age population then times 100 . 10) In an economy, 42 million people are in the labor force, 38 million are employed, and 47 million are of working age. How many people are not in the labor force? A) 19 percent B) 9 million C) 5 million D) 4 million
Market value of final goods and services generated in the economy in a specific time frame is the right response.
The total market value of all finished products and services produced within a nation's boundaries over a given time period is measured by the gross domestic product (GDP). Choice C is the right response; businesses purchase the services of people, land, and money. The factor market is where businesses buy the inputs needed to generate goods and services, such as labour (the services of workers), land (natural resources), and capital (both physical and human capital).The best claim is that A) GDP equals total expenditure plus total income. GDP can be computed by adding together all of the expenditures, which include net exports, government spending, investment, consumption, and investment.
learn more about generated here :
https://brainly.com/question/12841996
#SPJ11