To calculate the quantity of gilden (in feet) needed to be purchased by month and in total for the third quarter, you must first calculate the total amount of gilden needed by multiplying the quantity needed per month by the total number of months in the quarter.
This quantity can then be converted into feet by dividing the total number of gilden by the length of one foot.
For example, if you need to purchase 500 gilden each month for three months, the total amount of gilden needed for the quarter would be 1500 gilden.
This could then be converted into feet by dividing 1500 gilden by the length of one foot, which is 12 inches. This means that the total amount of gilden (in feet) needed for the third quarter would be 125 feet.
To calculate the cost of the raw material (gilden) purchases by month and in total for the third quarter, you must multiply the cost per unit of gilden by the total number of gilden needed for the quarter.
For example, if the cost per unit of gilden is $1, and the total number of gilden needed for the quarter is 1500, then the total cost of the gilden purchases for the third quarter would be $1500.
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1. When closing entries are made: A. All ledger accounts are closed to start the new accounting period. B. All temporary accounts are closed but not the permanent accounts. C. All real accounts are closed but not the nominal accounts. D. All permanent accounts are closed but not the nominal accounts. E. All balance sheet accounts are closed. 2. Revenues, expenses, and withdrawals accounts, which are closed at the end of each accounting period are: A. Real accounts. B. Closing accounts. C. Temporary accounts. D. Permanent accounts. E. Balance sheet accounts.
When closing entries are made, all temporary accounts are closed but not permanent accounts. Revenues, expenses, and withdrawal accounts, which are closed at the end of each accounting period are temporary accounts.
What are closing entries in accounting?
Closing entries in accounting are journal entries made at the end of an accounting cycle. The objective of closing entries is to bring the nominal ledger account balances to zero for the start of a new accounting period. Temporary accounts, including revenue, expense, and drawing accounts, are debited or credited to the retained earnings account through closing entries. Permanent accounts, such as assets, liabilities, and owner’s equity, are not included in closing entries, since they will carry over to the following accounting period.
Closing accounts, which are also known as nominal accounts, are permanent accounts that are not affected by any subsequent transactions. These accounts can be balance sheet accounts or equity accounts.
Therefore, the correct answer for 1. is B and for 2. is C
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T/F tickets for the coliseum were written on papyrus (a type of paper), and each contained a number from 1 to 78, which corresponded to one of the 78 archways through which to enter the facility.
In the following question, the statement is said to be "true", tickets for the coliseum were written on papyrus (a type of paper), and each contained a number from 1 to 78, which corresponded to one of the 78 archways through which to enter the facility.
Since the tickets for the coliseum were written on papyrus (a type of paper), and each contained a number from 1 to 78, which corresponded to one of the 78 archways through which to enter the facility.
This was done to ensure an efficient entry system and allowed visitors to enter and exit quickly.
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a new project has an initial cost of $165,000. the equipment will be depreciated on a straight-line basis to a zero book value over the five-year life of the project. the projected net income each year is $12,400, $16,300, $18,200, $14,300, and $10,200, respectively. what is the average accounting return?
The average accounting return is the amount of earnings for a project or investment that can be determined by taking the accounting profits of a venture and dividing them by the book value of the investment.
Calculation of average accounting returnTo calculate the average accounting return (AAR) for the given project, we first need to calculate the accounting profit for each year of the project's life. We can use the following formula to calculate the accounting profit for each year:
Accounting profit = net income - depreciation
The depreciation amount for each year can be calculated using the following formula:
Depreciation = (initial cost - salvage value) / useful life
In this case, the initial cost of the equipment is $165,000, the salvage value is 0, and the useful life is 5 years. So the annual depreciation amount would be:
Depreciation = ($165,000 - $0) / 5 = $33,000
Next, we need to calculate the average accounting return. We can do this by taking the average of the accounting profits for each year, and dividing by the average investment, which is half the initial cost of $165,000:
Average accounting return = (sum of accounting profits / number of years) / (average investment)
Therefore, the average accounting return for the given project is -22.6%.
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resources are directed from one industry to another by
The correct option is C, Resources are directed from one industry to another by Changes in market prices.
Resources refer to the various materials, tools, and assets that are available for use in achieving a particular objective or goal. Resources can be tangible or intangible and may include natural resources, such as land, water, and minerals, as well as human resources, such as skilled labor, knowledge, and expertise.
Resources may also refer to financial resources, such as capital and investments, and technological resources, such as software and hardware. Effective resource management is crucial for organizations to maximize productivity, minimize waste, and achieve their goals efficiently. In addition to their functional utility, resources may also have cultural or symbolic value. For example, historical artifacts, works of art, and monuments can be seen as resources that provide insights into the cultural heritage of a particular society.
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Complete Question:
Resources are directed from one industry to another by
A). Market Failure.
B). Government And Market Failure.
C). Changes in market prices.
D). Government Failure.
A monopolist earning economic profit in the short run determines that at its present level of output, marginal revenue is $23 and marginal cost is $30. Which of the following should the firm do to increase profit? a) Lower price and lower output. b) Lower output, but leave price unchanged. c) Raise price and lower output. d) Raise price and raise output. e) Lower price and raise output.
Hence, the correct answer is option B) Lower output, but leave price unchanged.
The firm should lower its output, but leave the price unchanged to increase profit. When a monopolist firm earns an economic profit in the short run and at its present level of output, marginal revenue is $23 and marginal cost is $30; it should lower output but leave price unchanged.
A monopolist refers to a single firm that has a substantial market share in the market, typically more than 25%. The monopolist firm enjoys the benefit of price-making power in the market, giving it the freedom to raise or lower the price to earn maximum profits.
The key features of a monopolist market structure are as follows: Monopoly exists when a single firm is the sole producer of a commodity, having no close substitutes.
There is no competition in the market, and the firm enjoys price-making power. There are significant barriers to entry in the market, and no new firms can enter the market.
The profit-maximizing price and quantity in the monopolist market occur at the point where marginal revenue is equal to marginal cost. When the monopolist lowers output, it raises the price, thereby increasing profit. If it raises output, the price will decrease, leading to lower profits.
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Which of the following is most likely to help managers in screening hundreds or even thousands of new product concepts in a year?A. Reinventing the wheel when a concept similar to one that has been rejected comes up again laterB. Bypassing the full screen to begin technical developmentC. Maintaining a record of rejected conceptsD. Cancelling concepts that are unacceptable, but possibly worthwhile
"Maintaining a record of rejected concepts" is most likely to help managers in screening hundreds or even thousands of new product concepts in a year. Option C is the correct answer.
Keeping a database of previous product concepts that were rejected along with the reasons for their rejection can help managers to avoid investing resources in concepts that have already been deemed unsuitable for development. By analyzing the records of past concepts, managers can identify patterns and develop a more efficient screening process. This approach allows managers to quickly screen new concepts against previous rejected concepts and focus on those with the most potential for success.
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5. Enhancing Readability Through Document Design
When you compose a message, you want your audience to find the information it needs quickly and to understand what it finds. Your message should be easy to read and to comprehend. Well-designed documents enhance readability and comprehension. Understanding and employing the various design techniques that can be used to improve readability will make your messages more effective.
1. Headings / Fonts / Typefaces define the shape of text characters.
Read the passage, and then answer the question.
Our Writer’s Workshop registration process has four steps: complete the registration form, select the workshops you will attend, submit your electronic portfolio, and pay the tuition deposit.
2. What document design strategy would improve the readability and comprehension of this passage?
1) Using a numbered list
2) Using parallel construction
3) Using an appropriate typeface
Consider the following passage, and then answer the question.
The following list includes the stakeholders—ranked by level of impact—most affected by our closure. Employees will feel the greatest impact from our closure, followed by our customers, and then the community.
Employees
The employees who will lose their jobs are the stakeholders most affected by the shutdown of our company. The most critical issue faced by employees is the loss of income and the task of finding a new job in an economy where jobs are extremely scarce. We should provide laid-off employees with a severance package to help them while they seek and obtain a new job.
Customers will be affected
Customers are also stakeholders, and together they form a group we must take into consideration. Many consumers and other businesses depend on us. With our company no longer offering services, the customer group will have to find a new means of shipping, which could affect them in many different ways—from an increase in operations cost to a loss in business. Businesses and consumers must be made aware of our closure early enough to find alternative service providers to meet their shipping needs.
Community issues
Additionally, the closing of our company’s operations will affect the local community and economy in many surrounding areas. For example, Safford, Arizona, is one of many cities that will suffer from the loss of thousands of jobs. We need to assure residents that we will provide assistance for the affected areas through retraining and education initiatives.
3. Which design technique would improve the readability of this passage? Check all that apply.
1) Parallelism
2) Increased white space
3) Additional headings for impact
The readability and understanding of this text would be improved by using an appropriate typeface in the document design strategy described in Improving Readability Through Document Design.
By implementing the document design technique outlined in Enhancing Readability Through Document Design, the readability and comprehension of this text would be enhanced. While designing and publishing written communication, keep in mind the importance of selecting a legible font type, sufficient spacing, and a font size that is easy to read. Your written message will be easier to read for everyone who reads it as a result. Document designs are the "nuts and bolts" of technical writing. No matter how significant or excellent the content, if it is not presented in a way that makes it simpler to read, it is unlikely to receive the attention it deserves.
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The frequency with which margin accounts are adjusted for gains and losses is:?QuarterlyDailyMonthlyWeekly
In the following question, among the given options, the statement is said to be "Monthly ". The frequency with which margin accounts are adjusted for gains and losses is "Monthly."
What is a margin account? A margin account is an account in which an investor is allowed to borrow money from a brokerage firm to purchase securities up to a certain level. The collateral for the loan is provided by the securities held in the investor's account. In this way, the investor borrows from the brokerage company to buy additional shares of stock. The primary advantage of trading in a margin account is that it allows you to maximize your buying potential. With less of your own money invested, you may generate a larger return on your investment.
It is, however, a high-risk investment method, and it is critical to carefully consider the risks involved before deciding to trade on margin. Maintenance margin requirements are usually determined by brokerage companies, but they are also subject to federal regulation. When the account value falls below the maintenance margin requirement, the investor must add money to the account or sell securities to cover the margin call. A margin account is subject to margin calls, which necessitate additional deposits of money or securities. A broker must issue a margin call if the value of the margin account falls below a specific point. If a margin call is not met within the required timeframe, the securities in the account may be sold by the brokerage company to cover the shortfall.
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Which of the following is NOT a factor that affects the price a company charges for a life insurancepolicy?A. The company's cost of doing business.B. The return on its investments.C. The mortality rate it expects among its policy holders.D. The policy features.E. All of these affect the price.
The factor that does NOT affect the price a company charges for a life insurance policy is option D. policy features.
Life insurance is a contract between an insurance policyholder and an insurance provider in which the provider assures a death benefit to named beneficiaries upon the death of the policyholder, in exchange for regular premiums. Life insurance is intended to offer peace of mind in the event of the policyholder's death to their beneficiaries.
The following factors affect the price that a company charges for a life insurance policy:
1. The company's cost of doing business.2. The return on its investments.3. The mortality rate it expects among its policyholders.4. The policy features.The policy features such as policy loan availability, payout amounts, the scope of coverage, and so on, have an impact on the price of a life insurance policy. Policyholders can often customize their policy features to fit their specific requirements or budget, but these customizations can affect the cost of the policy. However, among the given options, policy features are the factors that do not impact the price that a company charges for a life insurance policy. Therefore, the correct option is D.
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An open-market purchase of government bonds accompanied by a decrease in income taxes will result in which of the following in the short run?
A. A decrease in real output
B. A decrease in the price level
C. A decrease in unemployment
D. A decrease in nominal wages
E. A decrease in the natural rate of unemployment
An open-market purchase of government bonds accompanied by a decrease in income taxes will result in a decrease in unemployment in the short run. Therefore, the correct answer is C.
The open-market purchase of government bonds is a monetary policy that increases the quantity of money in circulation by lowering interest rates. A decrease in interest rates reduces borrowing costs for businesses and individuals, resulting in increased consumption and investment, which stimulates aggregate demand and ultimately leads to an increase in employment and output.
The decrease in income taxes would lead to increased disposable income, resulting in increased consumer spending, leading to increased aggregate demand, and a further increase in output and employment. Therefore, the combination of open-market purchases and a decrease in income taxes will result in a short-term boost in output and employment.
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Marketers use different techniques to help ferret out translation errors ahead of time. Which of those techniques involves translating a marketing research questionnaire from one language to another, translating it again to the original language, and comparing the two original language versions?
The technique that involves translating a marketing research questionnaire from one language to another, translating it again to the original language, and comparing the two original language versions is known as back-translation.
Back-translation is a technique that is utilized by marketers to ferret out translation errors beforehand. It involves translating a marketing research questionnaire from one language to another, then translating it again to the original language and comparing the two original language versions.
The back-translation method is a widely utilized method for ensuring the accuracy of translations. It enables an independent reviewer to compare the translations for linguistic as well as cultural equivalence. When using the back-translation technique, the translated version of the survey should be translated by a professional and independent translator, rather than the initial translator.
This approach guarantees that the original translator's biases do not influence the review process, and that the new translation reflects cultural norms that are consistent with the target language.
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when demand for athletic shoes produced by nike and endorsed by michael jordan is high, nike limits how many pairs of shoes are manufactured. this action maintains strong demand by limiting supply. this decision contradicts the philosophy of which marketing concept?
This decision by Nike contradicts the philosophy of consumerism.
Consumerism is the belief that increasing consumer demand and purchasing power will lead to a higher quality of life.
By limiting the supply of shoes, Nike is attempting to increase the demand and therefore the consumer's purchasing power.
The reason this decision contradicts consumerism is because consumerism is based on the belief that increasing consumer demand and purchasing power should lead to an increased quantity of goods being made available for purchase.
By limiting the supply of shoes, Nike is artificially increasing the demand for their product and therefore decreasing the consumer's purchasing power. As a result, this decision does not align with the concept of consumerism.
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Nichols Enterprises has an investment in 34,500 bonds of Elliott Electronics that Nichols accounts for as a security available for sale. Elliott bonds are publicly traded, and The Wall Street Journal quotes a price for those bonds of $14 per bond, but Nichols believes the market has not appreciated the full value of the Elliott bonds and that a more accurate price is $22 per bond. Nichols should carry the Elliott investment on its balance sheet at:
Multiple Choice
A. $759,000.
B. Either $483,000 or $759,000, as either are defensible valuations. C. $483,000. D. $621,000, the midpoint of Nichols' range of reasonably likely valuations of Elliott.
So, the answer is option A, $759,000.
Nichols Enterprises has an investment in 34,500 bonds of Elliott Electronics that Nichols accounts for as a security available for sale. Elliott bonds are publicly traded, and The Wall Street Journal quotes a price for those bonds of $14 per bond, but Nichols believes the market has not appreciated the full value of the Elliott bonds and that a more accurate price is $22 per bond.
Nichols should carry the Elliott investment on its balance sheet at $759,000.Why is the answer $759,000?The available-for-sale security is one of three accounting categories used to classify investments in securities.
These securities are investments that a business has obtained with the intention of holding them for more than one year. They are usually classified as long-term investments. As a result, the Elliott investment should be classified as a long-term investment on the balance sheet.
As a result, it should be recognized at Nichols Enterprises' "fair value."According to the problem, Nichols believes that the market has not completely understood the Elliott bonds' true worth and that the bond is undervalued.
As a result, it has to be accounted for at the "fair value," which Nichols believes is $22 per bond. As a result, Nichols should carry the Elliott investment on its balance sheet at $759,000, since it has 34,500 bonds.
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financial statement users need to be aware of changes in inventory levels when using
Financial statements are used to assess the performance and financial stability of a firm. Inventory is an essential part of a business' operations since it represents the raw materials and ongoing activity.
How does the revenue statement alter when inventory changes?To calculate a company's cost of goods sold, an increase in inventory will be deducted from purchases of goods and a decrease in inventory will be added to purchases of goods.
What impact does inventory have on the financial statement of a company?The cost of inventory sold appears as cost of goods sold on the income statement. The balance of retained earnings on the statement of retained earnings is impacted by the cost of goods sold figure since it has an impact on the business's net income.
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francis works for a local fly-fishing shop. the shop allows employees to purchase two fly rods per year at a discount. this year, francis purchased one rod. the rod normally retails for $300 and was sold to francis for $250. the employer's average gross profit percentage is 30 percent. what amount of the discount must be included in francis's income?
This implies that $15 is the amount of the discount that must be included in Francis' income.
In the given question, the amount of the discount that must be included in Francis' income is $30. Here's the explanation: As per the information provided, Francis works for a local fly-fishing shop. The shop allows employees to purchase two fly rods per year at a discount. This year, Francis purchased one rod. The rod normally retails for $300 and was sold to Francis for $250.The employer's average gross profit percentage is 30 percent.
Therefore, the cost of the rod to the employer = Cost of the rod to Francis / (100% + Gross Profit Percentage) * 100
Cost of the rod to the employer = $250 / (100% + 30%) * 100= $192.31
Now, the discount amount = Retail price of the rod - Cost of the rod to Francis
Discount amount = $300 - $250 = $50
As per the US tax code, an employer is required to include discounts on goods and services in the employee's income. The value of the discount must be equal to the gross profit percentage of the employer. Hence, the discount amount that must be included in Francis' income is:$50 * 30% = $15. This implies that $15 is the amount of the discount that must be included in Francis' income.
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worldcom gave managers stock options and bonuses even when the company performance was declining, and managers sold their stock in advance of other shareholders. this illustrates the approach to social responsibility.
This illustrates the approach to social responsibility" is incorrect. This illustrates the approach to social irresponsibility.
What is social responsibility?Social responsibility is the practice of operating a business or engaging in activities in such a way that there is a positive impact on society as a whole. It is an ethical framework that is required of every organization to enhance the development of the society that it operates in.
It's a concept of business operations that considers business as a socially responsible entity to its stakeholders, including customers, shareholders, employees, communities, and the environment.
Why is WorldCom's act considered Social Irresponsibility?Giving managers stock options and bonuses even when the company performance was declining, and managers sold their stock in advance of other shareholders is not an act of social responsibility. It is rather considered an act of social irresponsibility.
This action is unethical and morally wrong because it goes against the ethical and moral values of social responsibility.The company is accountable to its shareholders for the performance of the company, but when the performance of the company is poor, it is the responsibility of the company's management to take appropriate measures to rectify the situation, rather than rewarding themselves.
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Which one of the following IS a factor in determining a company's action camera sales and market share in a particular geographic region? A. Whether the company has a minimum of 5 models in its lineup of camera offerings B. How many extra performance features it has incorporated into its action cameras C. Whether the company's compensation for PATs assembling action cameras is above/below the industrywide average D. The number of production assembly teams a company is using to assemble action cameras at its camera assembly facility in Taiwan E. Whether the company's spending on camera advertising in a given region is above/below the regional average level of spending on camera advertising
The factor in determining a company's action camera sales and market share in a particular geographic region is E) "whether the company's spending on camera advertising in a given region is above/below the regional average level of spending on camera advertising."
What's market shareMarket share is the percentage of sales revenue generated by a business that is achieved by a certain product or service. It calculates the percentage of a given market that a product, service, or company controls or plans to control.
Companies strive to acquire greater market share, and in order to accomplish that, they frequently employ strategies to better compete with rival businesses. Factors that influence market share include price, market demand, accessibility, and customer service, among others.
A company's marketing expenditure has a significant influence on its action camera sales and market share in a specific geographic region. Companies that invest more money in marketing their action cameras than their rivals in the same region are more likely to gain market share and increase their sales revenue.
This is why spending on camera advertising is an essential factor in determining a company's action camera sales and market share in a particular geographic region.
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shawn jones was reading the business plan of new venture fitness drinks, and noticed that prior to its financial forecasts, new venture fitness drinks placed an explanation of the sources of the numbers for the forecast and the assumptions used to generate them. this explanation is called a(n) .
Shawn Jones was reading the business plan of new venture fitness drinks and noticed that prior to its financial forecasts, new venture fitness drinks placed an explanation of the sources of the numbers for the forecast.
What is an assumption sheet?The parameters set forth for the business strategy to follow are financial assumptions. Financial projections of costs, revenues, returns on investment, and running and beginning expenses are just a few examples. Financial hypotheses essentially act as projections of the future performance of the company.
A financial forecast is a document that details expected income and expenses, anticipated sales revenue, anticipated capital expenditures, and other financial items that a company anticipates seeing over a specific period of time.
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what would be the annual percentage yield for a savings account that earned $79 in interest on $1,000 over the past 365 days? (enter your answer as a percent rounded to 1 decimal place.)
Answer:
The annual percentage yield for a savings account that earned $79 in interest on $1,000 over the past 365 days is 7.9%.
Explanation:
The annual percentage yield for a savings account that earned $79 in interest on $1,000 over the past 365 days would be 7.9%.To calculate the annual percentage yield, the following formula is used:
[tex]Annual Percentage Yield = (Interest / Principal) x (365 / Number of Days)[/tex]
In this question, the principal amount is $1,000, and the interest earned over the past 365 days is $79.Annual
[tex]Percentage Yield = (Interest / Principal) x (365 / Number of Days)[/tex]
[tex]Annual Percentage Yield = ($79 / $1,000) x (365 / 365)[/tex]
[tex]Annual Percentage Yield = 0.079 or 7.9%[/tex]
Therefore, the annual percentage yield for the savings account is 7.9%.
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rhonda expects to receive an annuity that pays $500 at the beginning of each year for 10 years. assuming the interest rate is 6%, what is the present value of this annuity? round your answer to the nearest dollar.multiple choice question.$3,901$6,591$5,300$3,680
The present value of this annuity is A) $3,901, given that the interest rate is 6%.
Calculate present value of annuityThe formula to calculate the present value of an annuity is
PV = PMT[1 - 1/(1 + r)n] / r
Where,PMT = Payment, which is $500r = rate of interest, which is 6% = 0.06n = number of periods, which is 10 years
Substitute the values in the above formula.
PV = 500 [1 - 1/(1 + 0.06)10] / 0.06
PV = 500 [1 - 0.55839] / 0.06
PV = 500 [0.44161] / 0.06
PV = 3,901.71 ≈ $3,901
Therefore, the present value of this annuity is $3,901 when the interest rate is 6%.
Option A is the correct answer.
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Suppose that because of a war, U.S. workers and factories must work 60 hours per week. In this situation,A. potential GDP has increased.B. potential GDP has decreased.C. actual GDP is above potential GDP.D.actual output is below potential GDP.
A. potential GDP has increased.
The scenario described in the question involves an increase in labor and capital inputs, which are the main factors of production that determine potential GDP.
Increases in labor and capital inputs, which are the two key production factors that affect potential GDP, are part of the scenario outlined in the question. The potential GDP, or the greatest amount of output that the economy can create over the long term when all of its resources are employed effectively, would thus probably grow as a result of the increase in work hours and production in reaction to the conflict. It is crucial to remember that potential GDP is a gauge of the economy's potential rather than an indicator of actual production, which may be influenced by other elements including supply and demand shocks, governmental regulations, and other external variables.
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An entrepreneur decided to leave a job that pays $50,000 a year to start a business. These lost wages would be considered ______________ .Select the correct answer below:A. economic profitB. an explicit costC. an implicit costD. accounting profit
An entrepreneur decided to leave a job that pays $50,000 a year to start a business. These lost wages would be considered an implicit cost. The correct answer is option c.
Implicit costs are expenses that are not directly paid out of pocket. They are non-monetary expenses, such as lost time, missed opportunities, or foregone earnings, that are frequently ignored in accounting records or financial statements.
Lost wages are an example of an implicit cost. When entrepreneurs begin a business, they must devote time and effort to it, which means they must give up the opportunity to earn money elsewhere. When an entrepreneur invests in their own company, their wages are used to finance the company's operations rather than to pay themselves. Implicit costs, also known as opportunity costs, can be difficult to quantify since they are subjective and vary depending on the individual's perspective.
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Fannie Mae issues ______ to raise funds to purchase pools of conforming mortgages from financial institutions, then issues ______ based on those mortgage pools, which it sells to outside
Fannie Mae issues Mortgage-Backed Securities (MBS) to raise funds to purchase pools of conforming mortgages from financial institutions, then issues securities based on those mortgage pools, which it sells to outside.
In order to raise funds to buy pools of mortgages from financial institutions, Fannie Mae issues Mortgage-Backed Securities (MBS). Fannie Mae pools these mortgages and then issues securities based on the mortgage pools, which it sells to outside investors.The secondary mortgage market is facilitated by Fannie Mae. It does this by buying and selling mortgages, which raises funds that it uses to buy additional mortgages. To create a security based on the pool of mortgages, the pool must first be approved by the Fannie Mae board. These mortgage-backed securities (MBS) are then sold to the public.The objective of the securities is to provide a higher yield on their investment to the investors, as well as the protection of regular monthly payments from the underlying mortgages. The securities issued by Fannie Mae come in a variety of classes, each with a different risk level and investment returns. Fannie Mae also works with investors to help them find the MBS that are most suited to their investment objectives.
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when the price of fresh eggs increases 10%, quantity demanded decreases 5%. the price elasticity of demand for fresh eggs is and total revenue from fresh eggs sales will . a. inelastic; increase b. inelastic; decrease c. elastic; increase d. elastic; decrease
The price elasticity of demand for fresh eggs is elastic, and the total revenue from fresh egg sales will decrease. The correct answer is d. elastic; decrease.
The concept of price elasticity of demand (PED) describes how much the demand for a product changes when its price changes. The formula to calculate price elasticity of demand is:PED = (% change in quantity demanded) / (% change in price) When the price of fresh eggs increases 10%, and the quantity demanded decreases by 5%, we can use the formula above to determine the PED of fresh eggs:PED = (5% / 10%) = 0.5
Since the PED of fresh eggs is greater than one, this indicates that the demand for fresh eggs is elastic. An elastic demand is where the percentage change in quantity demanded is greater than the percentage change in price. So, when the price of fresh eggs increases by 10%, the quantity demanded of fresh eggs will decrease by more than 10%.Since the PED of fresh eggs is elastic, an increase in the price will lead to a decrease in total revenue from fresh egg sales. When demand is elastic, an increase in price will lead to a decrease in total revenue, and a decrease in price will lead to an increase in total revenue.
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you expect to receive $43,000 at graduation in two years. you plan on investing it at 9.75 percent until you have $178,000. how long will you wait from now? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
It will take approximately 14.51 years for you to have $178,000 from the $43,000 you expect to receive at graduation.
To calculate the amount of time needed for you to reach $178,000 from your initial investment of $43,000, you need to use the compound interest formula.
The formula is A = P(1 + r/n)^nt, where A is the future value, P is the present value, r is the interest rate, and nt is the number of time periods.
Rearranging the formula to solve for t, the time period, gives us t = ln(A/P)/ln(1 + r/n). Plugging in the values given, we get t = ln(178000/43000) / ln(1 + 0.0975/1). This simplifies to t = 14.50849 or approximately 14.51 years.
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the process of allocating congressional seats among the states is called
The process of allocating congressional seats among the states is called "apportionment".
Apportionment is the process by which the total number of congressional seats each state receives is determined. Apportionment is based on the population of each state, as determined by the national census, and is re-allocated every ten years. The U.S. Constitution requires that the number of congressional seats each state receives should be proportional to the population of that state. To achieve this, the total number of congressional seats is divided by the total population of all states to get the average population of a district. The total number of congressional seats allocated to each state is then determined by dividing the population of that state by the average population of a district. This ensures that each state is proportionally represented in Congress.
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2. Problems and Applications Q2 For each of the following scenarios, illustrate the effects of the development on both the short-run and long-run Phillips curves (SRPC and LRPC, respectively). There is a fall in the natural rate of unemployment. SRPC LRPC Inflation Rate Unemployment Rate SRPC LRPC There is a decline in the price of imported oil. SRPC Movement along SRPC LRPC Inflation Rate Unemployment Rate SRPC LRPC There is a rise in government spending. SRPC Movement along SRPC LRPC Inflation Rate Unemployment Rate SRPC LRPC There is a rise in expected inflation. SRPC LRPC Inflation Rate Unemployment Rate SRPC LRPC
There are tax cuts. Impact of trend on both short- and long-term Phillips curves (srpc and lrpc, respectively). Turn left on SRPC.
What exactly is the economy's Phillips curve?
An economic concept known as the Phillips curve describes the relationship between inflation, the year-over-year increase in prices, and the national unemployment rate.
As the Phillips curve shows, unemployment and inflation are inversely related in the short run, but not in the long run. The economy always moves along the SRPC because it represents different combinations of unemployment and inflation.
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Complete question:
there is a decrease in taxes.for each of the following scenarios, illustrate the effects of the development on both the short-run and long-run phillips curves (srpc and lrpc, respectively)..
True or False, The company you work for tasks you with developing a formula for the number of phones each warehouse manufactures each week. This is an example of a structured decision
True. A structured decision is one that is based on a predetermined set of criteria, and in this case, the company has tasked you with creating a formula that is based on specific parameters. This is an example of a structured decision.
A structured decision is a decision that a person can make by applying a process that is already established. In this way, decisions that are structured usually have established ways of solving problems, well-defined goals, and clear decision-making rules.
Structured decisions have characteristics that distinguish them from unstructured decisions. Structured decisions typically:
Involves data Has a predefined decision process (e.g., rules or algorithms)Has a well-defined objectiveIs reproducible and can be applied to similar situationsFor more info about the topic Decision types check the below link:
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The business decision process typically takes ____________ time, as compared to the consumer decision process.Group of answer choices1.no2.the same amount of3.less4.more
In the following question, among the given options, option 4) "more". The business decision process typically takes "more" time, as compared to the consumer decision process.
What is the business decision process? A business decision process is a step-by-step approach that enables the management to make informed decisions based on data and information obtained through business intelligence systems, external and internal data sources, and data analytics solutions. The business decision process typically takes more time, as compared to the consumer decision process, as it involves a more extended and complex process that requires several phases and stages that take a more extended time to complete.
What is the consumer decision process? The consumer decision process is a process that describes the process of consumers when making a purchasing decision. It involves several stages that include problem recognition, information search, alternative evaluation, purchase decision, and post-purchase evaluation. The consumer decision process is a shorter and less complex process as compared to the business decision process because it involves personal preferences, tastes, and desires. Thus, it takes less time and does not require several phases and stages.
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horizontal scope refers to the ___multiple choice
a. range of activities that the firm performs internally.
b. range of product and service segments that a firm can serve within its focal market. c. extent to which a firm engages in the various activities from initial activities all the way to after-sales activities. d. decision to outsource or insource certain processes of a company. e. extent to which strategic alliances and partnerships are used.
Horizontal scope refers to the range of product and service segments that a firm can serve within its focal market.
Horizontal scope refers to the range of products and services that a firm can serve within its focal market. This helps the company to obtain additional resources from the existing resources the company already has. Horizontal scope helps a company to capitalize on its internal strengths and external opportunities. This strategy is employed when there are no major possibilities for vertical expansion.
To stay competitive in the market, a company should have an accurate understanding of its horizontal scope, which may include product and service extensions, new channels to market, or new geographic markets, among other factors. The horizontal scope is determined by the market potential and the value chain activities that the company performs internally. Therefore, a company's horizontal scope depends on its resources and competitive advantage. Option B is the correct answer.
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