The correct option is C. After randomly selecting a starting point, the researcher should select every 5th name on the list.
Studies are "creative and systematic paintings undertaken to grow the inventory of know-how". It includes the gathering, agency, and evaluation of evidence to boom knowledge of a subject, characterized by a selected attentiveness to controlling assets of bias and error. these activities are characterized by way of accounting and controlling for biases. A research project can be a diffusion of past paintings on the subject. to test the validity of devices, methods, or experiments, studies may additionally mirror elements of previous projects or the venture as a whole.
The primary purposes of fundamental research (as opposed to implemented research) are documentation, discovery, interpretation, and the research and development (R&D) of methods and systems for the advancement of human know-how. tactics to analyze depend upon epistemologies, which vary significantly within and between humanities and sciences.
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Complete Question:
A researcher wants to select 50 customers from a sampling frame of 250 customers who have purchased at least $10,000 worth of products from his company within the past six months. The researcher wants to use a systematic sampling technique. After randomly selecting a starting point, the researcher should select every ____ name on the list. a. 20th b. 10th c. 5th d. 50th
Turner Company owns 10% of the outstanding stock of ICA Company. During the current year, ICA paid a $5.10 million cash dividend on its common shares. Ignore income taxes. What effect did this dividend have on Turner's 2024 financial statements? Note: Enter your answers in whole dollars, not in millions. If there is no effect to an element of the financial statements, select "No effect". Balance sheet: Income statement:
The effect of ICA's $5.10 million cash dividend on Turner's 2024 financial statements would be to increase Turner's cash by $510,000.
What is the effect of ICA's ?The effect of ICA's $5.10 million cash dividend on Turner's 2024 financial statements would be to increase Turner's cash by $510,000. This is because Turner owns 10% of ICA's outstanding stock, and therefore would receive 10% of the total dividend paid by ICA.
To calculate the amount of the dividend that Turner would receive, we simply multiply the total dividend by Turner's ownership percentage:
$5.10 million * 10% = $510,000
This $510,000 would be recorded as an increase in Turner's cash balance on its financial statements. It is worth noting that while the payment of dividends can increase a company's cash balance, it can also signal a decrease in the company's profits, since the funds used to pay the dividend must be taken from the company's earnings.
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Why is it important for businesses to understand the law of
demand and the market demand schedule ?
It's a visual representation of the law of demand. The demand curve can be a useful tool for businesses because it can show them the prices at which consumers start buying less or more. It can point out prices at which a company can maintain consumer demand and support reasonable profits.
Together with the law of supply, the law of demand helps us understand why things are priced at the level that they are, and to identify opportunities to buy what are perceived to be underpriced (or sell overpriced) products, assets, or securities.
The law of demand states that a higher price leads to a lower quantity demanded and that a lower price leads to a higher quantity demanded. Demand curves and demand schedules are tools used to summarize the relationship between quantity demanded and price.
Choose the answer.
Income statement accounts in a chart of accounts are labeled with which of the
following numbers?
100s-300s
100s
600s
400s-500s
The numbers which Income statements in charts of accounts are labeled with are C. 400s-500s
What is a chart of accounts ?The accounts you must utilize to record financial transactions in your general ledger are listed in a chart of accounts (COA). It makes it easier for you to monitor the sources and uses of your money.
The 400s and 500s are typically used for labeling the income statement accounts in a chart of accounts. These accounts include revenues, cost of goods sold, gross profit, operating expenses, and net income (or loss).
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Amanda, the sales manager at an e-commerce fashion site, decides the annual, monthly, and weekly targets of all the salespersons in the company. She sets these targets in such a way that the salespersons work toward achieving the organizational goals. In this scenario, which of the following management functions is best illustrated in Amanda's work?
In this scenario, the following management functions are best illustrated in Amanda's work Planning. option (D) is correct.
Planning is a key fundamental management function. It is choosing in advance how are you going to accomplish the not entirely set in stone. Arranging conclusions should be finished, when, who, and how.
For this situation, Amanda put the objectives of the sales rep together to accomplish the hierarchical objectives. By arranging the deals required, she accepts it will make her a stride nearer to the objectives of the period.
It includes the choices of the most proficient method to accomplish put the fourth objective ahead of time. A way includes the thought of future occasions and settling on a choice ahead of time on the most proficient method.
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This question is not complete, Here I am attaching the complete question:
Amanda, the sales manager at an e-commerce fashion site, decides the annual, monthly, and weekly targets of all the salespersons in the company. She sets these targets in such a way that the salespersons work toward achieving the organizational goals. In this scenario, which of the following management functions is best illustrated in Amanda's work?
A) Organizing.
B) Controlling.
C) Leading.
D) Planning.
A market-product grid shows the relationship of market segments either to products offered or to ______.
A market-product grid shows the relationship of market segments either to products offered or to potential marketing actions by an organization.
An Ansoff Matrix or a product-market growth grid are other names for a market product grid. It is a technique used by firms to create a growth strategy.
Market product grid takes into account new and existing markets, new and existing goods, and the risks associated with each possible interaction. The most basic market product grid has two axes: the x-axis for goods (both new and current) and the y-axis for markets (new and existing).
To properly use the matrix, business leaders must first determine where the best prospects are given the company's existing situation. Determine how much resources you have at your disposal, as well as your risk tolerance.
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Which of the following is most likely to contribute to economic growth as measured by GDP per capita?A. Increased capital formationB. ProductivityC. Industrial RevolutionD. The Industrial Revolution
The correct answer is "B. Productivity."
Economic growth as measured by GDP per capita is largely driven by productivity, which is the measure of how efficiently an economy uses its resources to produce goods and services. Increased productivity results in a higher output of goods and services per unit of input, which in turn increases GDP per capita.
Increased capital formation, such as investment in new machinery, technology, and infrastructure, can also contribute to economic growth by increasing the availability of resources for production. However, this alone does not guarantee increased productivity, as the most important factor for economic growth is how efficiently these resources are used.
The Industrial Revolution was a period of rapid industrialization in the late 18th and early 19th centuries, characterized by new inventions, technological innovations, and improved transportation and communication systems. This led to a significant increase in productivity, which contributed to economic growth as measured by GDP per capita.
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Select all that apply
Which of the following are the main statistics used by economists to assess the health of the economy?
a. nominal gross domestic product
b. unemployment
c. inflation
d. real gross domestic product
The main statistics used to assess the health of the economy are: unemployment, inflation, and real gross domestic product (option b, c, d)
GDP in current prices, without inflation adjustment, is referred to as nominal GDP. Hence, it is not an indicator of economy health.
Inflation is defined as a prolonged increase in overall price levels. Inflation that is moderate is related with economic growth, whereas high inflation can indicate an overheated economy. If economic growth advances swiftly, demand rises even faster, and manufacturers continue to boost prices.
The unemployment rate is a key indicator of economic health. It rises during recessions because businesses are hesitant to hire people when demand for goods and services is low. When the economy is expanding and there is a great demand for items and employees to supply them, it falls.
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Posting a transaction refers to the transferring of dollar amounts to each account affected by the transaction in the _____.general ledgerledger acountjournalgeneral journal
Transferring money to each account in the general ledger that the transaction will affect is known as posting a transaction.
A general ledger is used to keep track of a company's finances, and a trial balance is used to confirm information about debit and credit accounts. It provides a record of each financial transaction that takes place during the length of an operating firm's existence and includes account data needed to produce the company's financial statements.
The general ledger serves as the foundation for the system that accountants use to organize and preserve the financial data required to create the company's financial statements. Transactions are posted to certain sub-ledger accounts in accordance with the company's chart of accounts.
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To be independent, polite, honest, kind, cheerful, ambitious, self-reliant, and disciplined are all examples of values that describe how we want to achieve our goals in life.
To be independent, polite, honest, kind, cheerful, ambitious, self-reliant, and disciplined are all examples of values that describe how we want to achieve our goals in life. This is a true statement.
What are the two types of values?There are two types of values: Terminal Values and Instrumental Values.
Humans find terminal values to be the most desired, while instrumental values are ideas on how to fulfill such wants.
Instrumental values are opinions about conductor methods that can be used to get the terminal values.
Values are consistent life goals that represent what is most significant to a person.
These are formed during the course of one's life as a result of gathering life experiences, and they usually tend to be very stable.
People's values often have an impact on the choices they make, how they view their surroundings, and the activities they actually engage in.
Therefore, This is a true statement.
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Your question is incomplete, the complete question is;
To be independent, polite, honest, kind, cheerful, ambitious, self-reliant, and disciplined are all examples of values that describe how we want to achieve our goals in life.
Select one:
True
False
When two goods are substitutes, a shock that raises the price of one good causes the price of the other good to:
a. remain unchanged
b. decrease
c. increase
d. change in an unpredictable manner
The price of one good causes the price of the other good to: c. increase
When two items are interchangeable, the demand for one good increases when the price of the other good rises. A change in one commodity's price is likely to result in a change in the demand for the other good if the two goods are connected in a way that makes them complements or substitutes in consumption. The cross-price elasticity of demand measures the impact of a change in demand when the price of a related item changes.
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An indifference curve:
A) may be either upsloping or downsloping, depending on whether the two products are complements or substitutes.
B) is downsloping and convex to the origin.
C) is upsloping and has a constant slope.
D) is downsloping and concave to the origin.
An indifference curve may be either upsloping or downsloping, depending on whether the two products are complements or substitutes. Thus, option A is correct.
When consumers are given a choice between two things they want to buy, economists use an indifference curve to characterize the concessions they make. People cannot afford everything since their financial resources are restricted.
The combination of two goods that will give the customer equal value and satisfaction and, as a result, make the customer indifferent is represented by an indifference curve, in plain English. It slopes down to the right based on market value.
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A Plant was purchased on 1st July, 2015 at a cost of Rs 3,00,000 and Rs 50,000 were spent on its installation. The depreciation is written off at 15% p.a. on the straight-line method. The plant was sold for Rs 1,50,000 on October 01, 2017 and on the same date a new Plant was installed at the cost of Rs 4,00,000 including purchasing value. The accounts are closed on December 31 every year.
Show the machinery account and provision for depreciation account for 3 years
Answer:
Explanation:
Here's the machinery account and provision for depreciation account for the 3 years:
Machinery Account:
2015
July 1 Dr. To Bank 3,00,000
Cr. To Plant 3,00,000
October 1 Dr. To Plant 50,000
Cr. To Cash 50,000
2016
December 31 Dr. To Provision for Depreciation 45,000
Cr. To Plant 45,000
2017
October 1 Dr. To Cash 1,50,000
Cr. To Plant 1,50,000
October 1 Dr. To Bank 4,00,000
Cr. To Plant 4,00,000
December 31 Dr. To Provision for Depreciation 60,000
Cr. To Plant 60,000
2018
December 31 Dr. To Provision for Depreciation 60,000
Cr. To Plant 60,000
Provision for Depreciation Account:
2015
December 31 Dr. To Provision for Depreciation 45,000
Cr. To Depreciation Expense 45,000
2016
December 31 Dr. To Provision for Depreciation 45,000
Cr. To Depreciation Expense 45,000
2017
December 31 Dr. To Provision for Depreciation 60,000
Cr. To Depreciation Expense 60,000
2018
December 31 Dr. To Provision for Depreciation 60,000
Cr. To Depreciation Expense 60,000
The entry to record the issuance of $1 par value common stock to investors for $10 per share in cash results in an increase in ______.A) Additional Paid-in Capital;B) Common Stock;C) Assets;D) Stockholders' Equity;E) Cash
The correct option is E. The entry to record the issuance of $1 par value common stock to investors for $10 per share in cash results in an increase in Cash.
Common stock is a shape of corporate fairness ownership, a form of safety. The terms vote casting share and ordinary proportion also are used regularly outdoors in the usa. they're called fairness shares or ordinary shares inside the united kingdom and different Commonwealth geographical regions. This type of proportion gives the stockholder the right to share in the profits of the company, and to vote on topics of company policy and the composition of the contributors to the board of
administrators.
The proprietors of not unusual inventory do not own any specific property of the employer, which belong to all the shareholders in common. An enterprise may trouble each regular and choice shares, in which case the choice shareholders have priority to receive dividends. within the event of liquidation, regular shareholders acquire any final funds after bondholders, creditors (which include employees), and desired shareholders are paid.
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underapplied or overapplied overhead is the blank . multiple choice question. same as actual overhead sum of overhead applied to jobs and actual overhead difference between overhead applied to jobs and actual overhead total overhead applied to work in process
The underapplied or overapplied overhead is the sum of overhead applied to jobs and the actual overhead.
What is actual overhead?Actual overhead refers to the actual costs incurred in the production process that are not directly tied to the cost of the final product. It includes indirect costs such as indirect labor, indirect materials, indirect expenses, and indirect taxes. These indirect costs cannot be traced directly to a particular product, but are still necessary for the production process to occur. Actual overhead is calculated by adding up all the indirect costs incurred during the production process. This information is then used to determine the cost of the final product. It is important to accurately calculate actual overhead as it helps businesses to identify areas where they can reduce costs and increase efficiency. This information also helps in pricing products, determining profit margins, and making informed business decisions.
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Hey Brainly! I need help with my personal financial planning homework. My teacher said for us to answer the question: once you make three long-term financial goal, how do these long-term financial goals match with the lifestyle you plan to live? I'm unsure how our financial goals can match with the lifestyle we plan to live. Can someone explain, please?
To fully get a grasp of what your teacher is requesting of you, on your long-term financial goal, let's go straight to the explanation below.
Match Financial Goals & LifestyleYour long-term financial goals should align with the lifestyle you plan to live because they serve as a roadmap for making your financial dreams a reality. Essentially, your goals should reflect your priorities and support the life you want to lead.
For example, if you want to live a comfortable retirement with travel, your financial goals might include saving for a pension, paying off debt, and investing in a diversified portfolio. On the other hand, if you want to live a minimalist lifestyle and focus on experiences, your goals might include paying off debt and saving for experiences such as adventures, workshops, or volunteer work.
The key is to ensure that your financial goals match up with the lifestyle you envision for yourself, so you can work towards a future that is fulfilling and meaningful to you.
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What are sentential forms in leftmost derivation?
Sentential forms in leftmost derivation are the intermediate stages in the process of transforming the input string into the target string using a set of production rules.
In leftmost derivation, the leftmost non-terminal symbol in the input string is replaced by the right-hand side of the production rule that corresponds to that non-terminal symbol.
This process continues until a target string is obtained, with all non-terminal symbols being replaced by terminal symbols. Each intermediate stage of the process is known as a sentential form.
These sentential forms represent the evolution of the input string as it is transformed into the target string. The leftmost derivation process is a useful tool for parsing context-free grammars, as it provides a systematic method for constructing a parse tree from an input string.
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All Board members have 3 fundamental duties a)duty of care, b)duty of loyalty, c) duty of obedience. If any 2 or more of these duties become in conflict which duty should take precedence over the other(s) and why?
Duty of care should take precedence over the other, Section 174: According to prior case law, directors have a responsibility to use reasonable care, skill, and diligence.
What is the key responsibility of the board of directors?A public company's board of directors is chosen by the shareholders, and its primary responsibility is to uphold the interests of the shareholders. In truth, directors are required by law to put shareholders' interests ahead of their own.
As part of their obligation to obey, nonprofit board members are responsible for ensuring that the organization complies with all applicable laws and regulations, conducts itself in accordance with its own policies, and successfully fulfills its objective.
Thus, Duty of care should take precedence over the other.
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Which one of the following is as much a win-lose strategy as competition, although it has a decidedly different image?A) collaborationB) avoidanceC) engagementD) accommodatio
Accommodation is as much a win-lose strategy as competition, although it has a decidedly different image. The goal of both negotiators is normally to obtain or assert the greatest benefit from their bargain. Due to the fact that there is a finite amount to be distributed.
This situation is also known as the "fixed-pie" scenario. Collaboration and accommodation both promote mutual benefit. Short-term, flexible actions known as tactics are used to carry out or pursue long-term strategies. A win-win involves carefully examining your own position as well as that of your counterpart in order to reach a solution that provides you both the most of what you desire.
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In the context of the balanced scorecard framework, which of the following would most likely be used by an organization to ensure that its operations run smoothly and efficiently?a. Profit and lossb. Utilization of capitalc. Product and service qualityd. Customer satisfaction
In the context of the balanced scorecard framework, the following would most likely be used by an organization to ensure that its operations run smoothly and efficiently Customer satisfaction. option (D) is correct.
Consumer satisfaction estimates how well an organization's item or administration addresses clients' issues. The reasonable scorecard is where it is generally helpful. Different decisions don't make any difference in this situation.
Consumer satisfaction is characterized as an estimation that decides how cheerful clients are with an organization's items, administrations, and capacities. Consumer loyalty data, including reviews and evaluations, can assist an organization in deciding how to best improve or changes its items and administrations.
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Given the following declarations:int age = 30;double salary = 25000 ;which one of the following is a valid assignment statement?-age = salary / 100;-salary = 100 * age;-age = salary - 10000;-age = salary * age;
Given the declarations above, only the statement age = salary - 10000 is a valid assignment statement. This statement will assign the value of salary minus 10000 to the age variable.
When assigning values to variables, it is important to remember the data types of the variables. In the given declarations, both age and salary are of type int and double, respectively. This means that any statement that mixes these two types, such as age = salary * age, is not valid since it would cause a type mismatch error.
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Raphael and Martina are engaged and are planning to travel to Las Vegas during the 2022 Christmas season and get married around the end of the year. In 2022, Raphael expects to earn $45,900 and Martina expects to earn $16,800. Their employers have deducted the appropriate amount of withholding from their paychecks throughout the year. Neither Raphael nor Martina has any itemized deductions.
Raphael and Martina should get married on December 31, 2019 to save $130
Who has any itemized deductions?
Other common itemized deductions include state income taxes, local income taxes, personal property taxes, and disaster losses. Itemizing most often makes sense for higher-income earners who also have a number of large expenses to deduct.If the amount on Line 12a of last year's Form 1040 ends with a number other than 0, you itemized. If this amount ends with 0, it's likely you took the Standard Deduction. If your return included Schedule A, you itemized.If the value of expenses that you can deduct is more than the standard deduction (as noted above, for the tax year 2023 these are: $13,850 for single and married filing separately, $27,700 for married filing jointly, and $20,800 for heads of households) then you should consider itemizing.To learn more about itemized deductions refers to:
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You work at a restaurant/bar.Your boss comes to you, knowing you are studying economics, and asks for your opinion on the following question:Which of the following would increase the demand for drinks the most?a. a reduction in the price of a complementary good such as an appetizerb. a reduction in the price of drinksc. both.
The demand for drink will increase if the price of a complementary good decreases (A).
Complementary goods are goods which are used together with another goods and act as the complement of the primary goods. Complementary goods have a joint demand which when the price of the complementary goods decreases, the joint demand of both the primary and complementary goods will increase.
In this case, drink's complementary goods include an appetizer or snack food. When a restaurant aims to increase the demand of drink, it will be more beneficial to reduce the price of the complementary goods or those snacks and appetizers.
Reducing the drink's price is also a possible option to increase the quantity demanded. However it is a risky move since it can affect the total profit earned by the bar because of the lower drink price. To avoid this risk, reducing the complementary goods is a better option.
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Clem Corporation issues 1,000 shares of common stock for $25,000. Clem purchased equipment for $10,000 by borrowing from the bank. Clem's total assets area. $35,000.b. $10,000.c. $15,000.d. $25,000.
Clem Corporation issues 1,000 shares of common stock for $25,000. Clem purchased equipment for $10,000 by borrowing from the bank. Clem's total assets is $ 35,000. The correct option is (a).
What do you mean by common stock?A sort of tradable asset, or security, known as common stock represents ownership in a business.
The ownership of equity in a firm is represented by common stock, a category of securities. There are several words that are equivalent to the term "common stock," such as "common share," "ordinary share," or "voting share."
Here,
Calculation of total assets:
Total assets = common stock + purchased equipment
Total assets = $ 25,000 + $ 10,000
Total assets = $ 35,000
Therefore, Clem Corporation issues 1,000 shares of common stock for $25,000. Clem purchased equipment for $10,000 by borrowing from the bank. Clem's total assets is $ 35,000.
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gross domestic product represents the total market value of all .... goods and services legally produced in the economy in one year.
The gross domestic product (GDP) is the total market value of all final goods and services that were produced legally throughout the economy in a given year.
What are final goods?In contrast to intermediate products, which are used to create other things, a final good, also known as a consumer good, is a finished product that is ready for sale and is utilized by the customer to satisfy current wants or requirements.
A bicycle or a microwave oven is a finished commodity, but the components used to make them are intermediate goods.
The total market value of all finished products and services that were lawfully produced in the economy during a given year is known as the gross domestic product.
Only new goods are included when using the phrase "final goods" in estimates of national income and production.
To avoid repeated counting due to the resale of goods, the gross domestic product (GDP) eliminates things measured in an earlier year.
Therefore, the gross domestic product (GDP) is the total market value of all finished goods and services that were produced legally throughout the economy in a given year.
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suppose that the firm's only variable input is labor. when 50 workers are used, the average product of labor is 50 and the marginal product of labor is 75. the wage rate is $80 and the total cost of the fixed input is $500. which of the following is true?
The average total cost (ATC) is equal to 1.8 and the average variable cost (AVC) is equal to 1.6. As ATC is the of total cost and output, and AVC is the ratio of total variable cost with output.
Given: number of labour= 50.
average product of labour= 50.
marginal product labour= 75.
wage rate= 80.
Total fixed cost= 500.
Total variable cost=[tex]Number of labour employeed*wage rate= 50*80= 4000[/tex]
Total cost = [tex]Total fixed cost+total variable cost= 500+4000= 4500[/tex]
Output = 2,500.
In economics, the variable cost per unit is known as the average variable cost. Divide the total variable cost by the output to get the average variable cost. In the short term, the firms use the average variable cost to determine when to stop production.
Therefore, AVC=[tex]\frac{TVC}{Q}[/tex] (where, TVC is the total variable cost and Q is the output).
AVC= [tex]\frac{4000}{2500} = 1.6[/tex]
The average total cost is the sum of all production costs divided by the total quantity of output. In other words, the average cost is the sum of the firm's total fixed and variable costs divided by the total number of units produced.
Therefore, ATC=[tex]\frac{TC}{Q}[/tex] (where, TC is the total cost and Q is the output).
ATC= [tex]\frac{4500}{2500} =1.8[/tex]
Hence, the average variable cost is equal to 1.6 and average total cost is equal to 1.8.
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Complete question:- Suppose that a firm's only variable input is labor. When 50 workers are used, the average product of labor is 50, and the marginal product of the 50th worker is 75. The average wage rate is $80, and the total cost of the fixed input is $500. What are the average variable cost (AVC) and the average total cost (ATC)?
True or False? resource owners want to provide resources to businesses with high profit potential because those businesses will pay higher taxes.
Resource owners desire to supply resources to companies with a high potential for profit since they will pay more taxes. This statement is false.
Resource owners typically want to provide resources to businesses with high-profit potential because they will receive higher returns on their investments. Businesses with high-profit potential are seen as more attractive investments because they are likely to generate a higher return on investment, including higher dividends and stock prices.
High profits also indicate a strong financial position, which may make a business more attractive to investors. However, higher profits do not necessarily translate into higher taxes paid by the business. The amount of taxes a business pays depends on the tax laws and regulations in the jurisdiction where the business operates.
Some businesses may be able to legally minimize their tax liability through tax planning strategies, such as claiming deductions or taking advantage of tax incentives.
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An insured may only add Utility Interruption coverage to her Equipment Breakdown policy if at least one of three other coverages are also present. Which of the following is NOT one of these other coverages? A. Business Income and Extra Expense B. Extra Expense Only C. Spoilage Damage D. Property Damage,
The Income and Extra Expense is not one of these other coverages.
What is an expense?An expense is an outflow of money incurred in the process of running a business or household. It is the cost of goods or services that are used to produce income or sustain daily life. Expenses can be classified into different categories such as operating expenses, capital expenditures, indirect expenses, and direct expenses. Operating expenses include costs associated with the daily operations of a business such as rent, utilities, and salaries. Capital expenditures are long-term investments such as purchasing a building or equipment. Indirect expenses are those that are not directly related to the production of goods or services, such as advertising and office supplies. Direct expenses, on the other hand, are directly related to the production of goods or services, such as raw materials and labor costs. In summary, an expense is a necessary cost incurred in the pursuit of generating revenue or living life.
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Possibility Fish (pounds) || Fruit (pounds)
A 37 || 56
B 31 || 78
C 20 || 90
D 9 || 99
Robinson Crusoe divides his time between catching fish and gathering fruit. Part of his production possibilities frontier is given in the above table. If Mr. Crusoe is on his PPF and he increases the amount of fruit he gathers from 56 to 90 pounds, what is the opportunity cost?
A) 37 pounds of fish. B) 90 pounds of fruit. C) 34 pounds of fruit. D) 17 pounds of fish. E) 31 pounds of fish.
The opportunity cost of a decision is the cost of the next best alternative that must be given up in order to pursue the chosen option.
In this case, the opportunity cost of increasing the amount of fruit gathered from 56 pounds to 90 pounds is the amount of fish that Robinson Crusoe would have to give up in order to produce that additional fruit. If Robinson Crusoe is currently producing 56 pounds of fruit and 37 pounds of fish, he is at point A on the PPF. The production possibilities frontier represents the maximum amount of each good that can be produced given the limited resources and technology available to Robinson Crusoe. Points on the PPF represent efficient combinations of goods that can be produced, while points inside the frontier represent inefficient combinations and points outside the frontier represent combinations that are not possible with the available resources. To move from point A to point C, where he is producing 90 pounds of fruit and 20 pounds of fish, Robinson Crusoe must give up some fish production in order to increase his fruit production. The slope of the PPF represents the opportunity cost of producing one good in terms of the other. The steeper the slope, the higher the opportunity cost of producing one good in terms of the other. In this case, the slope between points A and C is negative, which means that the opportunity cost of producing one additional pound of fruit is increasing. The opportunity cost of increasing the amount of fruit gathered from 56 pounds to 90 pounds can be calculated by finding the change in fish production and dividing by the change in fruit production. In this case, the opportunity cost is (37 - 20) pounds of fish / (90 - 56) pounds of fruit = 17 pounds of fish per 34 pounds of fruit. So, the opportunity cost of increasing the amount of fruit gathered from 56 pounds to 90 pounds is 17 pounds of fish. The correct answer is therefore D) 17 pounds of fish.
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Persons with high levels of organizational commitment are likely to respond to negative work events by doing which of the following? continuing to do their job; speaking up and sharing their concerns with their manager
When bad things happen at work, people with high organizational commitment levels are more likely to do one of the following: keep working; voice their concerns to their management; or speak up.
When a person is committed to the organization, should that enhance the likelihood that they will react negatively to a work situation with ____ or ?A bad work event should be more likely to result in voice or loyalty if the organization is committed to it. One of the four employee classifications is "Stars," which is based on the level of organizational commitment and task performance.
What unfavorable implications does organizational commitment have?Withholding effort, emotional tiredness, cynicism, and resistance to change are all favorably impacted by dedication to perseverance, but turnover risk is negatively impacted. Normative commitment has a detrimental impact on cynicism and turnover propensity.
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distributive bargaining strategies and tactics are useful when a negotiator wants to maximize the value obtained in a single deal, when the relationship with the other party is not important, and when they are at the claiming-value stage of negotiations.
a. true
b. false
The given statement "distributive bargaining strategies and approaches may be useful when a negotiator wants to maximize the value of a single agreement when the other party's connection is unimportant, and when they are at the claiming-value stage of discussions." is TRUE.
What are Distributive bargaining strategies?When a negotiator seeks to maximize the value of a single agreement, when the other party's connection is unimportant, and when they are at the claiming-value stage of discussions, distributive bargaining strategies and tactics might be helpful.
Distributive bargaining is a form of competitive negotiating in which one side only benefits when the other party suffers a loss.
Distributing fixed resources like money, resources, assets, etc. between the two sides during negotiations is done this way.
Integrative bargaining, also known as interest-based negotiating or win-win bargaining, is a negotiation technique in which the parties work together to resolve their differences in a way that benefits both of them.
Therefore, the given statement "distributive bargaining strategies and approaches may be useful when a negotiator wants to maximize the value of a single agreement when the other party's connection is unimportant, and when they are at the claiming-value stage of discussions." is TRUE.
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