A critical ratio of 0.8 means there is an 80% chance that demand is less than or equal to the optimal order quantity. True or False?

The income elasticity of demand is 1 which shows that if the prices are lowered the demand will increase. The quantity demanded will change as the price changes.

Demand is the want of a product this is influenced by the price and supply of the product. If the price of a product is increased the demand for the product will fall and if the price is lowered the demand will increase.

The demand is increased if prices are lowered and vice versa when the income elasticity of demand is positive which is the case for health care.

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This situation reiterates the belief that network effects are a key to success.

A network effect is a phenomena in which the value or utility derived by a consumer from a good or service is proportional to the number of customers of similar goods.

The Network Effect is platform becomes more useful as its total computing power increases.

The network effect is a phenomena in which the value of a commodity or service increases as the number of persons or participants increases. However, as more people gained access to the Internet, more material, information, and services were created.

In Other Word , The network effect is a phenomenon that explains that the number of users can increase or decrease the value of a system. The best example of the network effect is the internet and E-commerce websites. At first, there were hardly any clients yet with time, the estimation of web expanded because of increase in several clients.

Therefore, we can conclude that the correct option is C.

Your question is incomplete, but most probably your full question was:

Less popular open source products are not likely to attract the community of users and contributors necessary to help improve these products over time. This situation reiterates the belief that _____ are a key to success.

A. proprietary products

B. brand strategies

C. network effects

D. technology expenses

E. advertising campaigns

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In the case of distributive bargaining, the target point indicates what a person would like to achieve out of a negotiation.

This is when an agreement is reached between employer and employees in an organization on issues that requires urgent attention.

Collective bargaining involves employees working together in an organization coming together to agree about some important matters.

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Here are the two common cyber threats that IT personnel encounter in businesses on a regular basis are:

Viruses and worms are malicious software programs (malware) aimed at destroying an organization's systems, data and network. A computer virus is a malicious code that replicates by copying itself to another program, system or host file. It remains dormant until someone knowingly or inadvertently activates it, spreading the infection without the knowledge or permission of a user or system administration.

A computer worm is a self-replicating program that doesn't have to copy itself to a host program or require human interaction to spread. Its main function is to infect other computers while remaining active on the infected system. Worms often spread using parts of an operating system that are automatic and invisible to the user. Once a worm enters a system, it immediately starts replicating itself, infecting computers and networks that aren't adequately protected.

Preventing viruses and worms

To reduce the risk of these types of information security threats caused by viruses or worms, companies should install antivirus and antimalware software on all their systems and networked devices and keep that software up to date. In addition, organizations must train users not to download attachments or click on links in emails from unknown senders and to avoid downloading free software from untrusted websites. Users should also be very cautious when they use P2P file sharing services and they shouldn't click on ads, particularly ads from unfamiliar brands and websites.

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An idea, opportunity, or dream is the foundation of planning that managers begin with to plan.

The planning process begins with setting goals. Goals are the end result that management wants to achieve through its activities. Goals are specific and can be measured in units.

When developing SMART operational goals, it is important to seek employee feedback throughout the process. Once set, it can be difficult for employees to understand and accept goals. Philip is the new manager of a 15-man manufacturing company.

Redesigned workspace to keep tools within reach of an idea, opportunity, or dream.

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Relationship between these two states that a firm can achieve competitive advantage if their organizational culture follows the VRIO principles.

More about VIRO principles:

Abbreviation for the four-question framework consisting of "is the firm organised to capture value?" and "is it valuable, unusual, costly to imitate?" Usually, these four elements are treated in the manner of a decision tree It uncovers sustained competitive advantage

An organization often has two alternatives when trying to identify sources for a long-term competitive edge. It can either examine the internal elements (using Porter's Five Forces and PESTLE Analysis) or the external forces affecting the firm (BCG Matrix and Value Chain Analysis).

In the latter group, the VRIO Framework or VRIO analysis belongs.

It is a tool used in business to assess an organization's internal resources in order to establish and maintain a competitive edge.

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When there is a Fed open market sale, the initial impact is D. an increase in commercial bank deposits at the Fed.

When the Fed sells securities, the impact is that people will use dollars to buy the securities and so the volume of money in the economy will decrease.

The way this happens is that the Fed will take money from commercial banks which would increase commercial banking deposits at the Fed.

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The importance of pricing in business is one of the most important features that decides the profitability of the business. Following are the suitable reasons for it :

1) Effects on the profit margins - The pricing of the product determines how much the company will make per unit of the product sold. If the pricing is apt, then the items sold will eventually increase and profitability will rise.

2) Competition - Competition in the market depends ultimately on the pricing and quality of the product. The right pricing of the product (low from your competitors) gives you a competitive advantage over other similar competitors.

Thus, setting the right price is very critical in a business. (for example how setting prices to 99$ and 100$ makes the difference).

An example of a well-priced product/company is Mcdonald's, it uses the low-cost strategy to maximize its profit and market share. It follows the right pricing of its products, which gives McDonald's an edge over its customers and capitalizes on the e-market.

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6.8  will be the debt-to-EBITDA ratio.

EBITDA* 8.5=Transaction Value

(Transaction value * 0.8) / EBITDA = 6.8

EBITDA, or earnings before interest, taxes, depreciation, and amortization, is a measure of a company's overall financial performance and is used as an alternative to net income in certain circumstances. However, EBITDA can be misleading because it does not reflect the cost of capital investments such as property, plant, and equipment.

This metric also excludes debt-related expenses by adding interest and tax costs to revenues. However, it is a more accurate measure of business performance as it is able to report profit before the effect of accounting and financial deductions.

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Leadership contingency theory is the theory that holds that multiple leadership variables determine the likelihood that leadership will occur, including the qualities of a leader, the characteristics of followers, and the nature of a situation.

It is an approach to the relationship between leadership styles and organizational structure, that is, an effective leader is one who aligns his management style with the place where he operates and his needs, in order to develop control, organization and cooperation. to achieve organizational objectives.

An effective leader will be one whose actions will serve as a reflection for the actions of his subordinates, who must practice ethical and responsible actions in favor of motivating and improving the perception of employees in relation to their functions and the company.

The leadership style must promote cooperation, feedback, communication and the creation of an organizational culture focused on the development of employee skills.

Therefore, according to contingency theory, a good leader is one who has a comprehensive view of the organizational systems he manages, providing support for the development, motivation and productivity of his team.

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To obtain his business license, Bess writes a cheque to a certain state agency. Bess is the drawer.

A business license grants Bess the right to start and run a particular type of business in the city, state, county, or country that issues it. It is a type of permit indicating the company has the government's approval to start and operate.

There is a procedure to be followed in order to obtain a business license. Thus, Bess writes a check to a certain state agency in order to obtain his business license.

The maker of a bill of exchange or cheque is called the drawer. Hence, when Bess writes a cheque to a certain state agency he is called the drawer.

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The generational group of managers that expect to give and get more feedback on their work are Gen X; they focus on results more than hours

More about Gen X managers:

Although we don't hear much about Generation X these days, it was huge in the pre-Millennial era. Either you belonged to Generation X or you fit in with the crowd. Gen X managers are subtly replacing Boomers in management positions as they enter retirement.

A characteristic of Gen X managers is their drive for achievement, particularly financial success. Many members of Generation X are incredibly resourceful and motivated to succeed financially because they grew up seeing their parents struggle financially and have recently experienced their own.

Both Gen X managers and employees tend to favour less formal working arrangements that allow them to interact freely with both their superiors and the people they supervise.

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Based on the amount the Fed purchased and the required reserve ratio, the amount the bank will be able to lend customers is $9,460,000

This can be found as:

= Amount purchased by Fed - (Amount purchased by Fed x Required reserve)

Solving gives:

= 11 million - ( 11 million x 14%)

= 11 million  - 1,540,000

= $9,460,000

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In order to conduct the session using a word picture, she should paint as precise and reliable a picture as possible.

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500 desks company should make during each production run.

Lets simplify the problem through simple steps given in the image:

Yearly Working cost = ( 200+ 5x) * 250/x

Total cost = 2x +  ( 200+ 5x) * 250/x

Total cost = 2x + 5000/x + 12500

Using minimum cost = 2- 500000/x^2 = 0

x^2 = 250000

x = 500

Hence 500 desks company should be made to run.

The methods used to classify costs into their fixed and variable components are:

This refers to the way by which economic cost are classified for proper purpose and identification.

Majority of fixed and variable cost are classified by using the scatter diagrams, high-low method and regression analysis.

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Accountants use the following three methods to classify mixed costs into their fixed and variable components:

Mixed costs are costs that have both fixed and variable elements.

Fixed (period) costs do not change with changes in the production volume, unlike variable (differential) costs.

Thus, since variable costs are essential for decision-making, management tries to separate mixed costs so that insights into cost structure become clearer using the above three methods.

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Storage and handling expenses as well as property taxes and insurance are all examples of inventory carrying costs.

The entire cost of keeping unsold products in inventory includes all storage-related costs. The total covers warehousing expenses as well as intangibles like depreciation and lost opportunity cost. Typically, a company's carrying costs for inventory range from 20 to 30 percent of its total inventory expenditures.

Carrying cost, carrying cost of inventory, or holding cost are all terms used in marketing to describe the overall expense of retaining goods. This covers warehousing expenses like rent, utilities, and salaries as well as financial outlays like opportunity costs and expenses for perishable, shrinkable, and insured goods.

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The maximum increase in money supply is 10,429,833.33.

Excess reserves are the reserves a bank in excess of the required reserves of the Central Bank. The excess reserves represent reserves that can be lent out to increase the money supply in the economy.

The increase in money supply is a function of the excess reserves and the reserve ratio.

Increase in money supply = excess reserves / reserve ratio

$938,685 / 0.09 = 10,429,833.33

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Probability

It is a branch of mathematics that deals with the occurance of a random event. The value is expressed from 0 to 1. It predicts how likely events are to be happened .

Step by step solution:

Die has six sides so probability of each is [tex]\frac{1}{6}[/tex] but,

The probability that the die shows a 6 is twice as high as the probability of each of the other numbers.

so,

the probability of 6 is [tex]\frac{2}{7}[/tex] and others probability is [tex]\frac{1}{7}[/tex]

we throw die 70 times

so probability 6 out of 70 throws is

70×[tex]\frac{2}{7}[/tex]

=20              

out of these 70 throws , the probability of die showing number six is 20 times.

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For an economist, the cost of something is: cost is the measure of the alternative opportunities foregone in the choice of one good or activity over others.

In general terms, the monetary value of goods and services purchased by producers and consumers. In a basic economic sense, cost is a measure of alternatives that are abandoned when choosing one product or activity over another.

These basic costs are commonly referred to as opportunity costs. For example, for fixed-income consumers, the opportunity cost of buying a new home appliance can be worth the missed vacation trip.

Traditionally, the cost is related to the relationship between the value of production input and the production level. Total cost refers to the total expenditure required to achieve a certain level of output. Divide this total cost by production to get the average cost or unit cost.

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During  Project, initiation the project manager performs several activities to assess the size, scope, and complexity of the project and to establish procedures to support subsequent activities.

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The purpose of a realistic job preview is to provide potential employees with an accurate introduction to a job so they can better assess the employment situation.

It corresponds to a technique used by organizations during the recruitment and selection process to communicate more accurately and realistically about the position offered, its positive and negative points, in order to align the expectations of future employees about the job.

Therefore, the realistic job preview helps in the real communication about the work, its benefits and also its challenges to be overcome.

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When collective decision making is utilized to resolve economic questions regarding the allocation of resources, the role of markets will be replaced by political decision making.

What is a collective decision?

When two or more individuals analyze, choose, or use a good or service, collective decision-making is taking place. Members participate in the decision-making process in both families and organizations in a variety of ways.

How do economists solve the problem of scarce resources?

The government decides what to produce and allocates the resources according to its decisions. Another method the governments use to solve the problem of scarcity is by raising prices, but they must make sure that even the poorest consumers can afford to buy it.

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The necessary journal entry is 4000$.

The journal entry is a document of a commercial enterprise transaction for your commercial enterprise books. In double-access bookkeeping, you make a minimum magazine entry for every transaction. because a transaction can create plenty of modifications in an enterprise, a bookkeeper tracks them all with magazine entries.

An instance of a journal entry includes the acquisition of machinery by u.s . where the machinery account may be debited, and the cash account may be credited. There are three primary forms of a journal entry: compound, adjusting, and reversing.

Journal entry layout is the usual format used in bookkeeping to keep a file of all of the agency's commercial enterprise transactions and is especially based totally on the double-entry bookkeeping device of accounting and ensures that the debit aspect and credit score facet are always equal.

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According to D Quinn mills' eight good people management techniques, the team manager is trying to teach communication skills. The abilities you utilize when offering and receiving various types of information are known as communication skills. Examples include expressing fresh thoughts, emotions, or even an update on your project.

The four Cs of communication are listening, speaking, observing, and empathizing. Understanding the contrasts between face-to-face contacts, phone calls, and digital communications like email and social media is also beneficial. You can understand others and be understood by them if you have good communication abilities.

These may include, but are not limited to, offering and receiving constructive criticism, public speaking, and attentively listening during conversations.

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The minimum annual dividend the holders of this stock can collectively expect to receive is $60,750.

Using this formula

Minimum annual dividend=Number of shares×par value preferred stock×Dividend rate

Let plug in the formula

Minimum annual dividend=15,000 shares × $45/share par value × 9%

Minimum annual dividend=$60,750

Therefore the minimum annual dividend the holders of this stock can collectively expect to receive is $60,750.

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After Hurricane Sandy, FEMA (the Federal Emergency Management Agency) advertised on a New Jersey radio station how people affected by the hurricane could file for assistance. In the political marketplace, the decision-makers in FEMA are best characterized as bureaucrats. This is further explained below.

Generally, Officials who operate in a huge administrative system are called bureaucrats.

In conclusion, Federal Emergency Management Agency (FEMA) advertised on a New Jersey radio station how residents impacted by Hurricane Sandy may apply for aid after the storm. FEMA's decision-makers are best described as bureaucrats in the political marketplace.

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Most time, the marginal cost of the last unit produced equals the marginal revenue in order to ensure that the firm is maximizing profits.

Most time, a firm will prefer to maximize profit in order tooIncreased its brand loyalty.

Most time, when a firm is able to cut prices and gain more customers, it will gain bigger exposure and brand loyalty and this will enables the firm to be more prominent in the market.

In costing, the the marginal cost of the last unit produced equals the marginal revenue in order to ensure that the firm is maximizing profits.

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For the federal government to fund education and health in Texas, the state government has to d) spend state money in these areas first.

Existing federal arrangements with Texas allow it to access federal funding in certain areas such as education, health, and human services.

In order to access these funds however, the Texas government needs to show a commitment to improving these areas by spending on them first.

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A variable life insurance agent must be licensed and appointed as a life and variable contract agent, as well as a broker-dealer. This is further explained below.

Generally, a member of the Stock Exchange who performs the duties of both a broker and a jobber.

In conclusion, An individual who wishes to sell variable life insurance must first get a license and then be designated as a life and variable contract agent in addition to being a broker-dealer.

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