f the cross-price elasticity of food and clothing (% change in demand for clothing / % change in the price of food) is -0.7, then the income effect on demand for clothing caused by a price increase of food A. tends to increase the consumption of clothing. B. tends to decrease the consumption of clothing. C. is less than the substitution effect. D. None of the above.
Answer:
Option "D" is correct.
Explanation:
Given the cross-price elasticity = -0.7
The rise in price of a commodity will decrease the consumption of the same commodity but it will increase the consumption of its substitute commodity. When the price rises for food then the nominal income falls, resulting in the fall in demand for food. Since income elasticity considers the change in actual income. Thus option D is correct.
AI Tool and Dye issued 8% bonds with a face amount of $160 million on January 1, 2018. The bonds sold for $150 million. For bonds of similar risk and maturity the market yield was 9%. Upon issuance, AI elected the option to report these bonds at their fair value. On June 30, 2018, the fair value of the bonds was $145 million as determined by their market value on the NASDAQ. Will AI report a gain or will it report a loss when adjusting the bonds to fair value? If the change in fair value is attributable to a change in the interest rate, did the rate increase or decrease? Will the gain or loss be reported in net income or as OCI?
Answer and Explanation:
A will report the gain at the time when the bond is adjusted to the fair value as there is a reduction in the far value of the liabilities that occured the gain. In the case when the fair value is changed so there is also the changed in the rate of interest due to this the rate of interest is rised.
Here A would be reported the gain in the net income as there is the change in the rate of interest due to the change in the fair value
In the case when there is the chaneg in the fair value of the bond so this is because of the change in the credit risk and the same should be shown in the statement of the comprehensive income as other comphrensive income
what do you know about the world of work?
I would rly appreciate anyone's help asap, thanks in advance! (isn't business, it's career ed. I just put it to whatever subject was the closest).
Answer:
The World of Work is a comprehensive K-12 curriculum solution aimed at early exposure for children to both self and career exploration in the ever-changing landscape of the global economy.
Initial investments contributed to a company are which of the following? A. Shareholder's Capital and Debt B. Debt and Retained Earnings C. Shareholder's Capital and Assets
Answer:
The answer is C. Shareholder's Capital and Assets.
Explanation:
Stockholders' equity, also referred to as shareholders' or owners' equity, is the remaining amount of assets available to shareholders after all liabilities have been paid. It is calculated either as a firm's total assets less its total liabilities or alternatively as the sum of share capital and retained earnings less treasury shares. Stockholders' equity might include common stock, paid-in capital, retained earnings, and treasury stock.
Conceptually, stockholders' equity is useful as a means of judging the funds retained within a business.
Contributed capital, also known as paid-in capital, is the cash and other assets that shareholders have given a company in exchange for stock. Investors make capital contributions when a company issues equity shares based on a price that shareholders are willing to pay for them. The total amount of contributed capital or paid-in-capital represents their stake or ownership in the company.
Contributed capital may also refer to a company's balance sheet item listed under stockholders' equity, often shown alongside the balance sheet entry for additional paid-in capital.
Carson is a broker who works with four license holders. Business is good, and only two license holders are available for Carson to appoint as intermediaries in a transaction. One of these license holders has many years of experience with similar transactions. The other license holder has very little real estate experience but has an MBA. Can Carson appoint the experienced license holder for one party and the inexperienced license holder to the other
Answer: The answer is yes, but one party may later claim that the less-experienced appointee created a disadvantaged position
Explanation:
Even though one of the license holders
that Carson wants to employ has many years of experience with similar transactions while the other license holder has very little real estate experience but has an MBA, Carson can still appoint the experienced license holder for one party and the inexperienced license holder to the other.
The conflict that may arise in this case is that one party may later claim that the less-experienced appointee created a disadvantaged position.
The Philips manufactures electric bulbs that have a length of life that is normally distributed with mean equal to 850 hours and standard deviation of 40 hours. Find the probability that a bulb burns between 780 and 834 hours.
Answer:
The answer is below
Explanation:
The z score is used to determine by how many standard deviations the raw score is above or below the mean. The z score is given by the formula:
[tex]z=\frac{x-\mu}{\sigma} \\\\where\ x\ is\ the\ raw\ score,\mu\ is\ the \ mean\ and\ \sigma\ is\ the\ standard\ deviation.\\\\Given\ that:\\\\mean(\mu)=850\ hours,\ standard\ deviation(\sigma)=40\ hours[/tex]
For x > 780 hours:
[tex]z=\frac{780-850}{40} \\\\z=-1.75[/tex]
For x < 834 hours:
[tex]z=\frac{834-850}{40} \\\\z=-0.4[/tex]
From the normal distribution table, P(780 < x < 834) = P(-1.75 < z < -0.4) = P(z < -0.4) - P(z < -1.75) = 0.3446 - 0.0401 = 0.3045 = 30.45%
Within his company, Vernon has set up a system with inputs, outputs, transformation processes, and feedback. He utilizes a management style that varies according to the individual and environmental situation, with a strategy for minimizing errors by managing each stage of production. Vernon is utilizing a ________ perspective. Group of answer choices
Answer:
contemporary
Explanation:
Since in the question it is mentioned that the vernon has set up the system having an input, output, etc also the management style should be changed as per the individual & environmental situation so here he applied the contemporary perspective for minimizing the errors so that the wastage could be reduced and helps in attaining the objectives in an efficient manner
Which investor is making a common error?
A) an employee of a popular hardware store who invests only in that company’s stock
B) an employee of a popular software company who invests in many similar companies
C) someone who sells the slumping stock while they are still able to make a profit based on what they paid
D) someone who buys stock in both domestic and more risky international companies
Answer:
A
Explanation:
The investor who is making a common error is an employee of a popular hardware store who invests only in that company’s stock. The correct option is A.
Who is the investor who avoided risk?Investors that are risk-averse are sometimes referred to as conservative investors. They are unable to accept volatility in their financial portfolios either by nature or by circumstance. They desire very high liquidity for their investments. That is, the money must be present in its entirety when they are prepared to withdraw it.
"Putting all your eggs in one basket" is a mistake made by this investor. They are taking a significant risk by investing just in one company's shares because the stock's performance is closely correlated with the success of that one business. The stock's value will probably decrease if the business has a downturn, which will cost the investor money.
Thus, the ideal selection is option A.
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10. If you are under 18 years you shall not operate a motor vehicle between the hours of ....... and...... unless you are
driving to or from a scheduled event. This curfew remains in effect until you turn 18, regardless of when your
driver's license was issued.
A
1 am to 5 am
B. O 12 pm, 5 am
c. O5 pm, 5 am
D. O 10 pm, 5 am
Answer:
its a 1 am to 5 am
Explanation:
i took the test
Which of the statements below is TRUE? A. Buying of shares is the selling of ownership in the company. B. A company is said to go "private" when it opens up its ownership structure to the general public through the sale of common stock. C. Private companies can go public by choosing to sell stock to attract permanent financing through equity ownership of the company. D. Most companies have the resident expertise to complete an initial public offering (IPO), or first public equity issue.
Answer:
C. Private companies can go public by choosing to sell stock to attract permanent financing through equity ownership of the company.
Explanation:
Private companies could go to the general public by selecting to sale the stocks in order to attract permanent financing via equity ownership of the company because they can sale the shares easily on the primary market in order to increased the finance also it will be help for raising the firm for the long period as the equity financing is considered for the long term financing
Hence, the option c is correct
who is the CEO of Amazon
which term is used when businesses do not maximise output from given inputs ?
Answer:
Decreasing revenue
Explanation:
When the business are not able to maximise output from given inputs then they are not able to capture maximum revenue from the given inputs and hence their revenues are decreasing.
Therefore, decreasing revenue is the term used when businesses do not maximise output from given inputs
You are the executive director of the local animal humane society. A staff member you supervise has been working at the society for less than one year. At the 6-month, you discuss with this employee that they seem to have mastered the basic tasks of the job but not the more difficult tasks. You have noticed lately that they seem a bit disillusioned about the job and the process of caring for these animals that seem so sad to be in the facility. Based on the Situational Leadership Approach, which leadership style should you exhibit
Answer: Delegation
Explanation:
Delegation is one of the beauty of leadership. When a leader leads and wants to do everything, those under him would find it growing or come out of their shells but delegation would bring them out of those shell, expose them and expose or display the leader in them.
Another thing delegation does while making people lead is that it makes them value the products, job or organization than how they saw it previously.
As an executive director, I would love to delegate so they take those tough roles important
How do margin trades magnify both the upside potential and the downside risk of an investment position?
Answer and Explanation:
Margin trades work this way because they allow them to extend the amount of money invested regardless of whether the security's price drops or rises. In a more simplified way, we can state that the margin trade allows that even if the price of a security goes up or down, the invested money presents a percentage of gain or loss much bigger than the original value. This is because this money was deposited as a loan guarantee, allowing interest to run on it, increasing it.
"Dave, I know that you are trained to work as a chemist and not to solve scheduling problems. But as lab manager, you are a frontline supervisor. You cannot immediately tell your staff to take their problems to higher management," said Quint. "You must first work with your staff to solve the problems. If you are unable to do so, you can consult with higher management. In our bureaucratic firm, we follow the chain of command so that
A. jobs can be redesigned to optimize operation of a new technology."
B. employees have freedom to seek out their preferred managers to solve their problems."
C. mathematical models are used for problem solving."
D. supervisors gain experience in and are accountable for solving problems in their work units.
Answer: D. supervisors gain experience in and are accountable for solving problems in their work units.
Explanation:
A chain of command is necessary in business because it diversifies authority such that decisions can be made faster.
It works by dividing employees into units which will answer to a manager. That manager will make decisions for the unit and this leads to decisions being made faster because everybody wouldn't have to go to upper management when they already have a manager.
Supervisors/ managers of these units are therefore accountable for their units and will gain experience from being so.
If an investor is looking for information about a particular mutual fund, the BEST source of that information will be the (A) fund's accounting documents such as the balance sheet and income statement. (B) fund's prospectus, which contains investment strategy, management style/structure, sales load and fee structure, and more. (C) investment manager of the fund who can provide a specific listing of all investments in the fund at any given point in time during a trading day. (D) SEC, which keeps detailed files and reports on the fund, all of which are available to the public.
If an investor is looking for information about a particular mutual fund, the best source of that information will be the fund's prospectus, which contains information about investment strategy, management style and structure, sales load and fee structure, and more. Hence, Option B is correct.
What is a mutual fund?The fund, which is pooled by the company, was raised from many investors. The money will be invested in securities like stocks, bonds, or short-term debt. A portfolio is the combined holdings of all the mutual funds, which are purchased by the investors.
When a person wants to invest in a mutual fund, the easiest way to get information about the mutual fund is from its prospectus. In the prospectus, investment strategy, management style, structure, sales, and many more things are mentioned.
Thus, Option B: the fund's prospectus, which contains investment strategy, management style/structure, sales load and fee structure, and more, is correct.
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Briefly explain the following terms.
Production =
Labour intensive =
& Capital intensive =
Explanation:
1.Production is a process of combining various material inputs and immaterial inputs (plans, know-how) in order to make something for consumption (output). It is the act of creating an output, a good or service which has value and contributes to the utility of individuals.
2 . Labour intensive =The term "labor-intensive" refers to a process or industry that requires a large amount of labor to produce its goods or services.
3.Capital intensive =
The term "capital intensive" refers to business processes or industries that require large amounts of investment to produce a good or service and thus have a high percentage of fixed assets, such as property, plant, and equipment
Under a program called the Emissions Trading Scheme, the governments of European Union member nations establish overall targets for greenhouse gas emissions and issue __________, or permits, authorizing companies to emit certain amounts. In theory, an increase in the market clearing price of __________ should induce firms to develop methods of __________ their emissions of greenhouse gases.
A. allowances; allowances; reducing
B. vouchers; pollution; eliminating
C. allowances; allowances; eliminating
D. vouchers; pollution; reducing
Answer:
A). allowances; allowances; reducing
Explanation:
According to the Question,
Except for all other option, only option A fit better in the above definition.
What is the greatest concern with applying new technologies like the cloud in manufacturing?
theft of intellectual property
obsolete technology
limited storage capacity
global warming
Answer:
Theft of intellectual property.
Explanation:
Cloud computing is making hardware, software and data available on demand via a network, often the internet. The cloud stands for a network that, with all the computers connected to it, forms a kind of 'cloud of computers', where the end user does not know how many or which computers the software runs on or where those computers exactly stand. In this way, the user no longer needs to be the owner of the hardware and software used and is therefore not responsible for maintenance. The details of the information technology infrastructure are hidden from view and the user has his own virtual infrastructure, scalable in size and possibilities. The cloud is therefore a technique with which scalable online services can be offered. Without the ability to scale, an online service offered does not relate to cloud computing.
A seller delivered a deed to a buyer at the closing. A title search disclosed no serious defects, and the title did not appear to be based on doubtful questions of law or fact nor did it appear to expose the buyer to possible litigation. The seller's title did not appear to present a threat to the buyer's quiet enjoyment, and the title policy was sufficient to convince a reasonably well-informed person that the property could be resold. The title conveyed would commonly be called
Answer:
A marketable title
Explanation:
A marketable title in real estate is on that is legally considered free from defect. Buyers will have no issues with accepting the title because there are no objectionable items associated with the title.
It means the property in question is free of easements, liens, encumbrances or other legal defects.
In the given scenario a title search disclosed no serious defects, and the title did not appear to be based on doubtful questions of law or fact nor did it appear to expose the buyer to possible litigation.
This is a marketable title.
Can someone help me with number 9 please
Answer:
carbon paper
Explanation:
there is a yellow paper underneath that the ink is transferred to
Answer:
carbon paper. Like if correct
Othello Company understated its inventory by $20,000 at December 31, 2017. It did not correct the error in 2017 or 2018. As a result, Othello's stockholders' equity was:
Answer:
Othello company understated its inventory by $20,000 at December 31 2017
This error was not corrected In 2017 or 2018
Therefore as a result of this Othello stockholder equity was understated in the year 2014, December 31 and properly stated at 2015, December 31
A builder only has a few properties available in a development. He feels that it is no longer necessary to have his onsite sales agent market these properties and decides to list the properties with a local brokerage firm. He wants to reward a particular firm for their past sales of his homes but wants to allow all of the local firms to market these properties. The type of listing that will accomplish this is
Answer:
An open listing
Explanation:
In real estate an open listing is one in which the owner of a property contracts more than one agent to sell the property. The agent with the winning bid will eventually sell the property.
The opposite of this is the exclusive listing where the property owner only engages one agent to sell the property.
In the given scenario the builder feels that it is no longer necessary to have his onsite sales agent market these properties and decides to list the properties with a local brokerage firm. Thereby allowing all of the local firms to market these properties.
This is an open listing
Kurt bought a vacant lot in a development that was 85% completed. When he started working with the builder to lay out where the house and driveway would lie, it was determined that he would need an easement because his driveway would spill over onto the adjacent lot by a few feet. What type of easement is this?
Answer: Dominant estate
Explanation:
Based in the description given in the question, the type of easement is a dominant estate.
The dominant estate refers to the parcel of real property which has an easement over another property. The dominant estate receives the benefit from another owner which is referred to as the servient estate.
Many checking accounts offer multiple ways of accessing money in addition to checks. Which of these can be used to access money in a checking account?
debit card
credit card
certificate of deposit
passbook
One of the ways through which money in a checking account can be accessed is: A. debit card.
What is a checking account?A checking account is also referred to as a current account or transaction account and it can be defined as a type of bank account at a financial institution, that allows an accountholder to easily deposit and withdraw his or her money for daily activities.
This ultimately implies that, the use of a debit card is one of the ways through which money in a checking account can be accessed because it allows for deposits and withdrawals of cash at any given time.
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Claude is a single father with 2 children. He can work as a stock clerk at Supermaxi store for $8 per hour up to 1,500 hours per year. He is eligible for welfare, and if he does not earn any income, he will receive $15,000 a year. If Tim works, the government policy is to deduct 70 cents from his welfare stipend for every $1 that he earns in income. This government policy provides a monetary incentive to work, because Group of answer choices
Answer: D. Tim’s income level increases the more he works.
Explanation:
Tim's income for the year = Salary from working + Welfare
Lets say Tim works 200 hours in a year.
His salary will be:
= 8 * 200 hours
= $1,600
Welfare:
70 cents off for every $1 so the amount they will deduct from Welfare is:
= 0.7 * 1,600
= $1,120
They will deduct this amount from the welfare of $15,000 and give Tim the rest.
Total income = 1,600 + (15,000 - 1,120)
= $15,480
Lets say Tim works 500 hours a year.
Salary is:
= 500 * 8
= $4,000
Amount to be deducted for welfare:
= 0.7 * 4,000
= $2,800
Total income:
= 4,000 + (15,000 - 4,000)
= $16,200
Notice how the income goes up as Tim works more. This policy therefore provides a monetary incentive to work harder.
What are variables used by Honda to segment the market? Why do they use those variables to segment?
Answer and Explanation:
Honda market segmentation is based mainly on three market segmentation factors: demographics, behavioural factors, and psychographic factors. Demographic factors include: income/household income, age, family size etc. Behavioural factors include: purchasing behaviour, buying patterns etc. Psychographic factors include: psychological traits that affect a person's consumption habits, e.g- people that attach prestige to cars, people that prefer expensive cars etc.
Honda makes use of these segments in understanding their market, thereby grouping it's consumers into various segments which share same buying patterns, motivations, interests, or habits. For instance, Honda's market is mostly focused at individuals who do not want pricey cars; cars that are affordable and at the same time durable. This market is mostly made up of middle income individuals, therefore Honda would group these consumers accordingly.
Hãy lựa chọn một công ty sử dụng dịch vụ nghiên cứu marketing của các nhà cung cấp bên ngoài 1.Lý do công ty phải thuê ngoài 2.Những tổ chức nào đã cung cấp dịch vụ marketing cho công ty? 3.CÔNG TY THUÊ MỘT HAY THUÊ TOÀN BỘ CAC HOẠT ĐỘNG NGHIÊN CỨU MARKETING
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Your business partner feels that it is not important to get the business insured. Explain him the importance of insurance for business.
Answer:
The explanation is below.
Explanation:
Having an insurance for a business transfers the risk to a third party (insurance company).
The importances are as follows:
1. The risk or uncertainty of business losses is minimized. Through the premium paid to the insurance company, if any unforeseen circumstances happen to the business that is covered in the insurance policy, then the insurance company will reimburse the company.
2. Business continuity. Through insurance, any disruption will not lead to the business being folded-up.
3. Collateral for loan. The policy with the insurance company can be used as a collateral to secure a loan in a bank.
5. Do a SWOT analysis for the business idea you chose in question 2 above. Describe at least 2 strengths, 2 weaknesses, 2 opportunities, and 2 threats for that company idea. (1-8 sentences. 4.0 points)
6. Make a list of at least 3 people you would want to give copies of your business plan to, and explain why you chose each of those people. (1-5 sentences. 3.0 points)
PART I
Answer:
The business idea is that of a Bakery that specializes in pastry that is mixed with fruits.
Explanation:
SWOT
Strengths
Unique Value Proposition which is healthier bread and cake recipes20 years experience in baking which translates to strong industry knowledgeWeaknesses
Insufficient Equipment to go withWeak or zero visibility for new businessOpportunities
Little or no competition as the recipes are unique to meHuge demand for healthier pastry especially in my current locationThreats
The industry is heavily regulated and may be shut down if there are compliance issuesOne competition that knows what they are doing and combines pastry with healthy drinks such as smoothies. We don't do smoothies.Part II
Answer:
The persons I would give the business plan to are:
My family An angel investor who I met on LinkedIn who supports small businesses and start-upsMy banker of over 20 yearsI would give the business plan to my family members because they are the easiest people to raise funds from and also because family, can decide to contribute in cash or in-kind with no interest required.I would give the business plan to an angel investor because their funds are cheaper than those of the banks though a little more difficult to come byBanks always have the funds but the funds come at a higher cost than the first two.Cheers