techniques to improve economies of scale are -
A cost that has inputs that increase or decreases is referred to as variable cost.The variable cost includes raw materials as inputs and it Increases or decreases with the production volume.Unlike fixed cost, it does not remain fixed but rather responds to the changes in a firm's production levelEconomies of scale occurs when a firm is able to increase production by decreasing the average cost involved to produce a product.Economies of scale refer to the phenomenon in which the average cost per unit of output decreases as the size or scale of the output produced by a firm increases.
In microeconomics, economies of scale are the cost advantages that firms derive from their scale of operations, usually measured in terms of output per unit of time. Reduced cost per unit of output enables greater scale
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Davis company purchased inventory on account. assuming davis is using the periodic inventory method recognizing this event will?
Davis Company sold inventory on account. Assuming Davis is using the periodic inventory method recognizing this event will increase the balance in the accounts receivable account.
The periodic inventory system is a method of inventory valuation for financial reporting purposes in which a physical count of the inventory is performed at specific intervals. This accounting method takes inventory at the beginning of a period, adds new inventory purchases during the period and deducts ending inventory to derive the cost of goods sold (COGS).
The cost of goods sold, commonly referred to as COGS, is a fundamental income statement account, but a company using a periodic inventory system will not know the amount for its accounting records until the physical count is completed.
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Question 2 of 20 what was the impact of mao zedong's great leap forward in china? o a. mao's oppression of urban workers allowed rural farmers to prosper in peace. o b. mao's focus on rural steel production led to widespread famine and starvation. o c. mao's efforts to compete with the soviet union resulted in an economic boom. d. mao's political enemies were eliminated and his control over china was strengthened.
The impact of mao zedong's significant leap forward in china c. mao's efforts to contend with the soviet union resulted in an economic boom
The weather in 1959 was catastrophic and the yearly harvest was not nearly enough to support the Chinese population which led to general famine.
What was the result of the Great Leap Forward?Instead of promoting the country's economy, The Great Leap Forward resulted in mass hunger and famine. It is estimated that between 30 and 45 million Chinese citizens died due to famine, execution, and coerced labor, along with massive economic and environmental collapse.
What was the Great Leap Forward and how did it affect China?The Great Leap Forward was a push by Mao Zedong to change China from a largely agrarian (farming) society to a modern, industrial society—in just five years. It was an unbelievable goal, of course, but Mao had the ability to force the world's largest society to try. The effects, unfortunately, were disastrous.
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What is average variable cost if total variable cost is $500, total fixed cost is $100, and output is 50?
The average variable cost will be $10
Total Variable Cost = $500
Total Fixed Cost = $100
Output = 50
AVC = TVC/Q
AVC = 500/50
AVC = 10
Average variable cost is determined by dividing total variable cost by production volume. Subtract the average variable cost from the average total cost. This ensures that you get an average fixed cost per unit. Average Total Cost (ATC) is determined by dividing Total Cost by Total Production. A typical total cost curve is usually U-shaped.
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What amount would the insurance company pay for vandalism that does $425 of damage to a home if the insured homeowner has a $500 deductible?
ZERO amount would the insurance company pay for vandalism that does $425 of damage to a home if the insured homeowner has a $500 deductible.
( Because the deductible exceeds the loss or the damage. The loss is $425 and the deductible is $ 500, so here the deductible exceeds the loss hence the insurance company will not pay anything).
People like you pay premiums to insurance companies to cover potential losses related to their property. Insurance companies receive these premiums and aggregate them into money pools. These funds are available to cover losses incurred by pool members.
When you report a car accident to the insurance company, the insurance company will send an adjuster to assess the damage. The expert's first task is to decide whether to classify the vehicle as a total loss. Assuming the vehicle is a total loss, the expert performs a valuation and assigns a value to the vehicle.
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When does the long run begin?
a. before the short-run begins
b. when the short-run ends
c. when the very-short-run ends
d. before the very short run begins
A correct option is option (b), i.e. when the short-run ends.
What is considered the long run?
The long run is a time frame during which all cost and production parameters are erratic. In the long run, businesses can modify all costs, however in the short run, they can only affect pricing by changing production levels.
How long is the long run in years?
In the long run, all costs will fluctuate. The long run is not a fixed amount of time and is dependent on the particulars of the company in question. The long run is any term longer than a year if you have a one-year lease on your factory since after that time you are no longer subject to the lease.
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An account receivable due within the next 12 months is listed on the balance sheet under the caption
a.current assets.
b.fixed assets.
c.investments.
d.long-term liabilities.
An account receivable due within the next 12 months is listed on the balance sheet under the caption of Current assets
Because current assets represent all the assets of a company that are expected to be conveniently sold, consumed, used, or exhausted through standard business operations with one year.
Assets refers to the resource owned or controlled by an individual, corporation, or government with the expectation that it will generate.
Standard is an authoritative principle or rule that usually implies a model or pattern.
Business is an organization or enterprising entity engaged in commercial, industrial, or professional activities. Businesses can be for-profit entities or non-profit organizations. Business types range from limited liability companies to sole proprietorships, corporations, and partnerships.
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A fixed fee that subscribers to a medical plan must pay for use of specific medical services is known as a?
A fixed fee that subscribers to a medical plan must pay for use of specific medical services is known as a "Copayment".
What do you mean by "Copayment"?
The term Copay refers to as the fixed amount for already covered service, that is paid by the patient to the provider of the same service before he/she receiving that service.
On the other hand, medical services are defined as the services that include medical, surgical, diagnostic, dental, hospital, nursing, ambulances and other related treatments.
When the person takes insurance than the person called as insurance policyholder who is holding his or her own policy so he or she must have to pay the copayment i.e. fixed amount for the service covered prior to receiving the service for each insured service prior to the insurance that covers the rest.
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Consider the companies added and subtracted from the Dow Jones Industrial Average over the past five years. What types of companies were added and deleted? Why do you think the changes were made? Do you think new changes will be made in the next five years? Why?
The list of the companies that were added and deleted include:
Added companies:
Bank of America Corporation.
Chevron Corporation.
Kraft Foods Incorporation.
Cisco System
Travelers
Deleted Companies:
Allied Chemical band Dye Corporation.
Altria Group of Company.
Citi Group of Companies.
American International Group Incorporated
How to illustrate the information?It should be noted that the change in the list is done based on the market performance.
The price weighted average was used to tank the performance of the companies. Therefore, the addition is based on improved market performance of the companies and deletion of die to decline in performance.
In conclusion, new changes will be made in the next five years as the companies will seek ways to improve.
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Superior value creation relative to rivals does not necessarily require a firm to have the lowest cost structure in an industry, or to create the most valuable product in the eyes of consumers. True or false?.
Superior value creation relative to opponents does not usually require a company to have the bottom rate form in an enterprise or to create the maximum precious product in the eyes of customers.
The statement is true.
Superior price introduction relative to opponents would no longer necessarily require a firm to have the lowest fee structure in an industry, or to create the maximum precious product in the eyes of the customers. It does require that the space between cost (V) and value of manufacturing (C) be > the gap attained through competition.
Corporations that pursue a transnational approach are in search of simultaneously gaining low prices thru area economies, economies of scale, and studying effects; differentiate their product providing throughout geographic markets to account for neighborhood differences, and foster a multidirectional float of skills between certainly one of a kind.
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Suppose an industry has two firms each with 50% market share. The Herfindahl index for this industry is ______.
Each company has an equal share of 2%. HHI before proposed merger
The HHI is used to determine market competitiveness. Markets with an HHI of less than 1,500 are considered competitive markets, moderately concentrated for HHIs between 1,500 and 2,500, and highly concentrated for HHIs of 2,500 and above.
HHI Calculator is a tool to easily calculate the value of the HHI. The HHI Index measures market concentration (not market capitalization) in a particular industry and is used to determine market competitiveness.
A 60% four-company concentration rate means that the top four companies in the industry account for 60% of sales. A 90% four-company concentration rate means that the top four companies account for 90% of sales. Concentration ratios are useful for identifying oligopolies, but they have four drawbacks.
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If people in the military aren't included in the labor force, does the unemployment rate become a better or worse indicator of the state of the economy?
The unemployment rate is not significantly affected if members of the military are excluded from the labor market because they make up one-tenth of the labor force, hence there are little to no changes in the unemployment rate indicator in economy . The proportion of the labor force that is unemployed is known as the unemployment rate.
It is a lagging indicator, which means that the instead of rising or falling in advance of shifting economic conditions, it typically does so in response to them. The unemployment rate is likely to increase when there are few jobs available and the economy is struggling.
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Of the various factors in an operating margin, which one is the most difficult to change?
Of the various factors in an operating margin,fixed cost is one of the most difficult to change.
There are other sorts of profit margins (such as gross versus net), but this discussion concentrates on net profit margin because net earnings are more influenced by a variety of circumstances.
For example, if you are a retailer, your branding and marketing strategy will indirectly effect your profit margin through revenues. Nearly every facet of your business's operations, from management to floor sales strategies, has some bearing on your profit margin.
Simply dividing net profit (or net income—the bottom line in the income statement) by sales yields net profit margin, which is the ratio of net income to revenues (or revenue).
This is a quick approach to figure out what portion of the sale price your business keeps after deducting the costs associated with the transaction.
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The champion for the csirt may be the same person as the champion for the entire ir function—typically, the?
The champion for the city may be the same person as the champion for the entire ir function—typically, the chief information officer.
A champion is a winner or someone who is good at something. If you are a chess master, you are a superstar! Celebrate your team's victory as viewers sing "We are the Champions" by Queen at a football game. The word champion comes from the Latin campionem, which means "gladiator, fighter". Ra!
All champions have tremendous courage to pursue their goals. you are not afraid to fail. You take calculated risks. Be considerate of each member of your team and treat everyone with respect
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Medicare covers about______of the out of-pocket medical expenses of older people.
a.+80%
b.+50%
c.+25%
d.+10%
Medicare covers about 50% of the out of-pocket medical expenses of older people.
Medicare is our nation's health insurance program for people 65 and under who receive Social Security disability benefits. This program helps with medical costs, but it does not cover all medical costs or most long-term care costs.
Medicare provides health insurance to individuals over 65 or severely disabled, regardless of income. On the other hand, Medical (a state-owned and funded Medicaid program in California) serves very low-income families, pregnant women, and the visually impaired, among others.
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An object's _____ are the tasks or functions that the object performs when it receives a command to do so.
a. methods
b. utilities
c. instances
Answer:
C
Explanation:
I got it correct, hope it helps!
The amount of a good or service that consumers are willing and able to purchase at a specific time is the:_______
The amount of a good or service that consumers are willing and able to purchase at a specific time is the demand.
What is demand?In economics, demand is the amount of a good that consumers are willing and able to buy at different prices over a certain time period. The demand curve is the relationship between price and quantity demand.
A shift in demand reflects a shift in consumer willingness to purchase a specific commodity or service, regardless of price variance. A shift in income levels, consumer choices, or a different price for a related product could be the catalyst for the change.
According to the rule of demand, as the price of a thing falls, so does the quantity requested for that good.
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A fundamental notion of economic analysis is that all households and firms must make choices because of?
A fundamental notion of economic analysis is that all households and firms must make choices because of scarcity.
What is Economic analysis?Economic analysis essential involves the evaluation of of costs and benefits relative to a countries financial reports.
It can be used also for projects based on the benefits of the projects and the viability of the project.
It helps o know how resources are distributed and the overall impacts the project is making. If the analysis is not well done there can be shortage of resources or scarcity of resources, products and goods.
Therefore,
A fundamental notion of economic analysis is that all households and firms must make choices because of scarcity..
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Sending employees on international assignments is an example of a(n) ________ approach to employee development.
Sending employees on international assignments is an example of a job experience approach to employee development.
Worker improvement — frequently daily expert development or staff development — is the manner during which personnel, with the help of their organization, undergo expert schooling or pursue gaining knowledge of possibilities to enhance their abilities and grow their knowledge and careers.
employee development, you can provide your group with the abilities they need to improve their paintings, get higher effects, and improve your backside line. A higher-educated body of workers brings extended output to your business enterprise.
Employee-development sports commonly fall into these areas: continuing training, club and participation in expert companies, studies-associated activities, precise programs, guides and tasks day-to-day boom abilities and apprehend new tendencies in the discipline, and on-the-job schooling.
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What are liquidated damages the buyer must pay to the seller if the buyer wrongfully fails to sign a release of earnest money to the seller under paragraph 18 of the One to Four Family Residential Contract
If a buyer wrongfully fails to sign a release of earnest money to the seller, the liquidated damages that the buyer will pay are A) Damages, earnest money, reasonable attorney's fees, and all costs of suit
What are liquidated damages?These are monetary damages that are paid by a party that fails to uphold their side of a contract and so cause losses to the other party.
When a buyer in a contract fails to signs a release of earnest money, they would be in breach of contract. As a result, they would have to pay for damages such as the costs of the suit and the attorney fees for both parties.
Options for this question include:
A)Damages, earnest money, reasonable attorney's fees, and all costs of suit
B)Four times the earnest money
C)The sum of three times the earnest money and the earnest money
D)Three times the earnest money
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The Liquidated damages the buyer must pay to the seller if the buyer wrongfully fails to sign a release of earnest money to the seller under paragraph 18 of the One to Four Family Residential Contract are Damages, earnest money, reasonable attorney's fees, and all costs of suit
This is further explained below.
What are Liquidated damages?Generally, Unliquidated damages are similar to liquidated damages in that they aim to recompense a party that has been affected as a result of a breach of contract; however, unliquidated damages are not monetary in nature. The amount of unliquidated damages, on the other hand, is not calculated in advance in the same way as the number of liquidated damages is when the contract is signed.
In some types of legal contracts, "liquidated damages" are used to represent an estimate of otherwise intangible or difficult-to-define losses that would be incurred by one of the parties. In the event that one of the parties violates the terms of the contract, it is a clause that enables the other party to be responsible for paying a predetermined amount.
In conclusion, Damages, earnest money, reasonable attorney's fees, and all costs of suit are included in the liquidated damages that the buyer is required to pay to the seller under the One-to-Four Family Residential Contract if the buyer wrongfully fails to sign a release of earnest money to the seller. This provision can be found in paragraph 18 of the contract.
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CQ
A)Damages, earnest money, reasonable attorney's fees, and all costs of suit
B)Four times the earnest money
C) The sum of three times the earnest money and the earnest money
D)Three times the earnest money
You are a manufacturing foreman, and you identify an ethical breach by another foreman. after you report the breach to your manager, what should your manager do next?
If you are a manufacturing foreman, and you identify an ethical breach by another foreman. after you report the breach to your manager, what should your manager do next is to: Assess the scope and impact of the breach.
What is ethical breach?Ethical breach can be defined as the process in which a person or an individual violate a set standard or policy of a company by doing what is not set in the standard.
Assuming you identify an ethical breach after you report the breach to your manager, what your manager should do next is to first of all assess the scope and check the impact of the breach committed by the person who .
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Empirical research has provided evidence that firms founded by _____ are generally more successful than those founded by _____.
Empirical research has provided evidence that firms founded by heterogeneous teams are generally more successful than those founded by individuals.
Any study whose findings are solely inferred from verifiable, empirical data is considered empirical research. The definition of the word "empirical" is "based on scientific experimentation and/or evidence." A study is considered empirical when it investigates its claims using data from the real world.
For instance, a research is being done to see if working from home lessens the stress associated with professions that are very demanding. Two groups of employees, one working from home and the other in the office, are used in the experiment. Every group was watched.
The results of this study will show, empirically, if working from home helps people feel less stressed.
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You purchased 580 shares of stock at a price of $59. 37 per share. over the last year, you have received total dividend income of $680. what is the dividend yield?
The dividend yield is 1.97%
Dividend yield= dividend/ purchase price
Given,
=680/(580*59.37)
=0.019748
=1.97%
The dividend yield or dividend–fee ratio of a percentage is the dividend in step with share, divided by way of the fee in keeping with percentage. It is also a enterprise's total annual dividend payments divided via its market capitalization, assuming the quantity of shares is constant. it is frequently expressed as a percent.
The dividend yield is used to calculate the earning on funding (stocks) thinking about most effective the returns within the form of overall dividends declared by using the organization at some stage in the 12 months.
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QS 24-1 Payback period LO P1 Park Co. is considering an investment that requires immediate payment of $29,500 and provides expected cash inflows of $12,000 annually for four years. What is the investment's payback period?
-957.48 is the investment's payback period.
Part 1:
Select Numerator: / Select Denominator: = Payback Period
Initial Investment / Annual Cash Flow = Payback Period
29500 /14400 = 2.05
Part 2
Present Value Coefficient 3.31231
Internal Rate of Return 8% /
530 = 6500 = 3.31231
Part 3:
Cash Flow Selection Chart Amount x PV Coefficient = Present Value
1 Annual Cash Flow Premium Value of Annuity 16800 2.48685 = 41,779.11 44 Residual values of 1 44 Value 01 1020 0.751313 = 7.643.4 444) Value of 1 10200 0.7513131 = 7.663. Cash Inflow 49,442.52
Immediate Cash Outflow -50400
Net Present Value -957.48
The payback period is defined as the number of years required to recover the original cash investment. In other words, the period during which a machine, plant, or other investment has generated sufficient net income to cover its investment costs.
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The relationship between the tax rate and the amount of tax revenue collected is called the ______ curve. This curve shows that ______
The relationship between the tax rate and the amount of tax revenue collected is called the Laffer curve. This curve shows the tax revenue.
Total tax revenue is the product of the tax base times the tax rate. In the current tax system, balance and assets are the main sources of tax revenue. The tax rate is the amount of tax attributed to each unit of the taxable base.
The Laffer Curve is a theory formulated by supply-side economist Arthur Laffer to illustrate the relationship between tax rates and the amount of tax revenue collected by the government. This curve is used to illustrate the argument that lower tax rates can lead to higher overall tax revenues.
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Which company appears to have the strongest financial position? explain your reasoning. (round the percentage to the nearest hundredth percent, x.xx%.)
Company DJ Video Rentals appears to have the strongest financial position because its Liabilities make up the smallest of company assets. (round the percentage to the nearest hundredth percent, 14.30%.).
The documented assets, liabilities, and equity balances of a company are represented by its financial position. One of the financial statements that contains this information is the balance sheet. The balance sheet of an organization shows its financial position as of the date indicated in the report's headline. In a broader sense, the idea may be used to describe how a company's financial health is determined by comparing and analyzing the data in its financial statements.
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When analyzing demand and supply curves for an individual good, the vertical axis measures the?
The vertical axis on the demand and supply curves for an individual good measures the price in dollars.
What is a demand and supply curves?In economics, the Demand and supply can be plotted as curves and the point at which the two curves meet is known as the market quantity supplied.
On the curve, the horizontal axis measures quantity in units and the vertical axis measures price in dollars.
As, the demand curve is a downward-sloping and the supply curve is an upward-sloping, hence, the vertical axis on the demand and supply curves for an individual good measures the price in dollars.
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Eileen is a risk neutral consultant, doing work for acme, inc. The company offers her a choice of two compensation plans. Under plan a she receives $25,000 today. Under plan b she receives $10,000 today, $10,000 one year from today, and 10,000 two years from today. She will be indifferent between these plans if her rate of time discount equals ________ percent. If her rate of time discount is less than this amount she will opt for plan ______.
She will be indifferent between these plans if her rate of time discount is equals 21 percent. If her rate of time discount is less than this amount she will opt for a plan B.
What is discount rate?The bank rate, sometimes known as the discount rate in American English, is the interest rate charged by a central bank on its loans and advances to commercial banks.
In a discounted cash flow (DCF) analysis, the discount rate is the interest rate used to calculate the present value of future cash flows. This helps establish whether the future cash flows from a project or investment will be worth more than the initial capital outlay required to support the project or investment.
The discount rate is an essential measure of an economy's credit situation.
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Before applying for a credit card, jacob examines his credit report. which explains why jacob might examine his credit report?
Before applying for a credit card, Jacob examines his credit report because to find out if he has a strong credit history.
Describe credit card.A credit card is a type of payment card that is given to customers (cardholders) to allow them to pay a merchant for products and services based on the amount of debt they have accumulated (i.e., promise to the card issuer to pay them for the amounts plus the other agreed charges). The card issuer (often a bank or credit union) establishes a revolving account and provides the cardholder with a line of credit from which they can borrow money to pay for purchases or to get a cash advance.What do you mean by Credit History?It serves as a record of your credit activity, including whether you make payments on time, how many credit cards you have, the types of credit you use, and the total amount of debt you owe. When deciding whether to approve you for a loan or a credit card, lenders look at your credit history.Learn more about credit card here:
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Answer:
B) to determine if he has a history of good credit
Explanation:
Companies using the data revenue model have to balance the value of data with the ______ of their users.
Companies using the data revenue model have to balance the value of data with the data revenue model of their users.
A revenue model is a framework for generating financial income. It identifies which sales supply to pursue, what price to provide, a way to charge the fee, and who will pay for the fee. it is a key aspect of a company's business model.
Intermediation revenue model: strategies via which 1/3 events, along with agents (or “middlemen”) can generate cash. Licensing sales model: revenue with the aid of giving permission to different parties to apply including intellectual property (copyrights, patents, and trademarks) in change for costs.
Seed-level financing usually consists of small or modest amounts of capital supplied to entrepreneurs to show a concept.
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What is the probability that a randomly selected airfare between these two cities will be between $325 and $425?
The probability that a randomly selected airfare between these two cities will be between $325 and $425 is 5275.
Probability is a branch of mathematics that quantifies the likelihood of an event occurring or the likelihood of a statement being true. The probability of an event is a number between 0 and 1, with approximately 0 indicating the improbability of the event and 1 indicating certainty.
1a(1): Probability of a particular event occurring.
(2): the ratio of the number of outcomes in an exhaustive set of equally probable outcomes producing a particular event to the total number of possible outcomes.
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