To make a cash withdrawal from your Credit Karma Spend account, follow these steps. 1) Log in to your Money Save account with Credit Karma. 2) Choose Withdraw. 3) Fill out the desired sum for the withdrawal amount.
4) After completing your choices, click Withdraw. 5) Verify that every piece of information is accurate before selecting Confirm to finish processing your cancellation request.
How is Credit Karma preventing me from making a withdrawal?
A limited number of withdrawals through any savings account may be reinstated at any time by Credit Karma. If it does, then when you've reached that limitation, you might not have been capable of making any more withdrawals or transfers throughout your subsequent statement period.
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TRUE/FALSE. when compared to the country of origin principle, the country of reception approach to jurisdiction over internet transactions
When compared to the country of origin principle, the country of reception approach to jurisdiction over internet transactions, requires business managers to have more knowledge about various laws of different countries.
It is untrue that, in a matter involving online transactions, jurisdiction is only appropriate when the defendant engages in considerable online business activity in the relevant jurisdiction. A legal problem known as jurisdiction online transaction aims to resolve or support court jurisdiction over a lawsuit or disagreement involving a foreign defendant. In this case, the general rule is that proving jurisdiction over a defendant by showing them accessing a website is insufficient. Therefore, there must be more than one interaction in addition to the availability of a website for a court to legitimately exercise jurisdiction over a foreign defendant in Internet-based transactions.
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Many theaters sell empty seats at a deep discount just before show time. What economic concept is displayed by this behavior?
A. Consumer demand
B. Sunk costs
C. Price optimization
D. Thinking at the margin
the answer for the question Many theaters sell empty seats at a deep discount just before show time. What economic concept is displayed by this behavior? option B. Sunk costs.
Sunk costs, also known as retroactive costs, refer to investments already made that cannot be recovered. Examples of corporate sunk costs include marketing, research, installation of new software or equipment, salaries and benefits, or operating expenses.
Opportunity cost is the value of the benefit of a lost alternative, a suboptimal alternative that could have been chosen but not chosen. Another way of looking at it is that "to choose is to refuse." One choice is accepted only by rejecting another choice.
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T/F economics is the study of how society manages its unlimited
The answer is true, economics is the study of how society manages its unlimited resources is true.
What is the best way to define economics?Economics is the study of scarcity and how it affects how resources are used, how commodities and services are produced, how production and welfare increase over time, and a wide range of other complicated concerns that are extremely important to society.
What, in plain terms, does economics mean?There are numerous definitions for economics. It is either the study of scarcity, the study of resource consumption and incentive response, or the study of decision-making. It frequently touches on matters of wealth and finance, but it's not only about money.
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best buy’s financial statements, dated february 2, 2019, report total assets of $11,869 million and total liabilities of $7,964 million.a. why might best buy have chosen february 2 as a year‑end date?
Best Buy likely chose February 2 as its year-end date to coincide with the end of their fiscal year. This is a common practice for companies, as it allows for the most accurate and up-to-date financial information to be reported.
By using February 2 as its year-end date, Best Buy is able to accurately report on the results of their financial performance for the entire year, which is important for investors and stakeholders.
Furthermore, by having a clear cut-off date for its financial statements, Best Buy is able to better monitor its financial health and maintain accurate accounting records. This, in turn, can help the company better manage its finances and make more informed decisions.
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when the marketing research problem is not clearly defined, a researcher will likely engage in __________ research.
When the marketing research problem is not clearly defined, a researcher will likely engage in qualitative research.
Marketing research is the methodical gathering, logging, and analysis of qualitative and quantitative data about issues pertaining to the marketing of goods and services. The goal is to identify and assess the impact that changing elements of the marketing mix have on consumer behavior. Marketing research offers data that is relevant to decision-making, which helps marketing management. Marketing analysis neither determines the decisions nor ensures success.
An example of conducting market research online is noting the most recent information released on a particular subject.
Primary, secondary, quantitative, and qualitative disciplines were traditionally included in market research.
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the product development process starts with ________. next comes ________, which reduces the number of ideas based on the company's own criteria.
The product development process starts with idea generation. Next comes idea screening , which reduces the number of ideas based on the company's own criteria.
The creation of goods and products with novel or distinctive qualities that also provide consumers or customers with new or additional benefits is referred to as or known as product development. The creation of a new product that answers a newly identified consumer or customer need sometimes involves many modifications to the existing commodity or product as well as its presentation or formulation.
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There is a surplus in a market for a product whena. quantity demanded is greater than quantity supplied.b. the current price is lower than the equilibrium price.c. quantity demanded is less than quantity supplied.d. supply is less than demand.
When c. quantity provided exceeds quantity required, there is an excess of a certain good on the market. When the amount supplied exceeds the amount required, there is a surplus in the market.
What happens when there is a surplus in the market?Price decreases whenever there is a surplus until it disappears. When the surplus is removed, the amount given exactly matches the amount desired by consumers, meaning that the amount producers want to sell matches the amount customers want to buy.The potential surplus of the producer rises as the equilibrium price rises. Producer surplus diminishes together with a decline in the equilibrium price. Producer surplus is a direct cause of changes in the demand curvThe market is in disequilibrium when the quantity supplied exceeds the quantity required, as this results in a surplus of supply. The economy can't function effectively if there is too much supply.To Learn more About surplus Refer TO:
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If you had to select one criteria for choosing amongst projects, which would you select?PaybackInternal Rate of ReturnReturn on InvestmentEither Payback or Internal Rate of ReturnNet Present Value.
If you had to select one criteria for choosing amongst projects, you would select the Net Present Value (NPV).
When evaluating different projects, it's important to consider different criteria to determine which project is the best investment. Some of the most common criteria used include Payback, Internal Rate of Return (IRR), Return on Investment (ROI), and NPV.
Payback is the amount of time it takes for an investment to recover its initial cost. The shorter the payback period, the better the investment is considered to be. However, payback only considers the time it takes to recover the initial investment and doesn't consider the future cash flows.
IRR is the rate at which the investment's net present value (NPV) becomes zero. In other words, it's the rate at which the investment's returns are equal to the initial investment. A higher IRR is generally considered to be a better investment. However, IRR can be misleading because it doesn't take into account the magnitude of the cash flows or the timing of the cash flows.
ROI is the ratio of the investment's net gain to the investment's cost. A higher ROI is generally considered to be a better investment. However, ROI doesn't consider the timing of the cash flows, only the total amount of the cash flows.
NPV is the difference between the present value of the cash inflows and the present value of the cash outflows. In other words, NPV considers the time value of money and calculates the present value of the future cash flows. A positive NPV indicates that the project is expected to generate more cash inflows than the initial investment, while a negative NPV indicates that the project is expected to generate less cash inflows than the initial investment.
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why 10 strategic operations management decisions are used
These decisions are: Design of goods and services, Quality management, Process and capacity design, Location strategy, Layout design and strategy, Human resources and job design, Supply chain management, Scheduling, Maintenance and reliability
Design of goods and services: This decision is about how to design the products or services that the organization will offer to customers.Quality management: This decision focuses on ensuring that the products and services meet or exceed customer expectations.Process and capacity design: This decision involves deciding how to design the production process and determining the capacity needed to produce the goods and services.Location strategy: This decision involves choosing the location for the organization's facilities, including production sites and distribution centers.Layout design and strategy: This decision focuses on designing the physical layout of the organization's facilities to optimize the flow of goods and services.Human resources and job design: This decision involves choosing the best employees for the organization and designing the jobs they will perform.Supply chain management: This decision involves managing the flow of goods and services from suppliers to customers.Inventory management: This decision involves managing the inventory of goods and materials to ensure that the organization has enough stock to meet customer demand.Scheduling: This decision involves determining the best schedule for producing the goods and services.Maintenance and reliability: This decision involves maintaining the organization's equipment and facilities to ensure they continue to operate at peak efficiency.The 10 strategic operations management decisions are used to help organizations make informed decisions that align with their overall business strategy and help them achieve their desired outcomes.
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which statement most accurately describes the ""deficit model"" of science communication?
The statement most accurately describes the "deficit model" of science communication is Experts provide knowledge to a passive, poorly informed public
The deficit model of science communication is a theory that suggests that the public's lack of understanding of science is due to a deficit in their knowledge. According to this model, the public needs to be informed about the facts of science and its complexities in order for them to make informed decisions. The model argues that the public lacks a proper understanding of science because they have not been adequately exposed to it or because they have not been exposed to it in a way that is easy to understand.
Critics of the deficit model argue that it oversimplifies the problem of science communication and places the blame for poor public understanding of science on the public, rather than on the lack of effort by scientists and science communicators to effectively engage the public. They argue that a more effective approach to science communication would be to focus on increasing public engagement and fostering a sense of trust between the public and the scientific community.
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Correct Question is -
Explain the statement most accurately describes the ""deficit model"" of science communication?
Suppose that Albert can buy a bond for $1,000 that matures in two years and pays Albert $1,102. 5 with certainty. Today he is indifferent between this bond and one that has some risk but on which the annual interest rate is 3% higher. How much, to the nearest penny, does the riskier bond pay in two years?
a. $1,166. 40
b. $1,160. 00
c. $1,168. 65
d. $1,169. 64
Answer:
d
Explanation:
To find the amount that the riskier bond pays in two years, we need to determine what interest rate Albert would require to be indifferent between the two bonds.
Let's assume that the riskier bond pays an interest rate of r. Then the amount that it pays in two years is given by:
1000 * (1 + r/100)^2
Since Albert is indifferent between the two bonds, this amount must be equal to $1,102.5.
So we have:
1000 * (1 + r/100)^2 = 1102.5
We can solve for r by taking the square root of both sides and multiplying by 100:
r = 100 * sqrt(1102.5 / 1000) - 100
r = 100 * sqrt(1.1025) - 100
r = 100 * 1.0498 - 100
r = 4.98
So the interest rate on the riskier bond must be 4.98%.
Finally, to find the amount the riskier bond pays in two years, we can use the formula:
1000 * (1 + 4.98/100)^2 = $1,169.64 (to the nearest penny).
Thus, the answer is d) $1,169.64.
zeff co. prepared the following reconciliation of its pretax financial statement income to taxable income for the current year ended december 31, its first year of operations:
The deferred tax liability to be recognized is: $900,000
A deferred tax liability is a listing on a company's balance sheet that records taxes that are owed but are not due to be paid until a future date. The liability is deferred due to a difference in timing between when the tax was accrued and when it is due to be paid.
The estimated litigation expense of $3,000,000 will be multiplied by the income tax rate for all the years which is 30%.
($3,000,000 × 30%) = $900,000
Therefore the deferred tax liability to be recognized is:$900,000
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complete question
zeff co. prepared the following reconciliation of its pretax financial statement income to taxable income for the current year ended december 31, its first year of operations:Pretax financial income $ 1,200,000 Estimated litigation expense 3,000,000 Installment sales profit (2,400,000) Taxable income $ 1,800,000 The estimated litigation expense of $3,000,000 will be deductible in 2019 when it is expected to be paid. The gross profit from the installment sales will be realized, and thus taxed, in the amount of $1,200,000 in each of the next two years. The income tax rate is 30% for all years. The deferred tax liability to be recognized is:
the rate of unemployment is found by dividing the: a. a labor force by the number of people looking for work. b. unemployed and discouraged. c. number of people looking for work by the population. d. number of people looking for work by the number of people looking for work plus the number of people employed.
The unemployment rate for any location is calculated by dividing the number of locals who are unemployed and actively looking for work by the total local workforce.
By dividing the number of jobless people by the entire labor force, multiplied by 100, we may determine the unemployment rate. The percentage of unemployed people in the labor force is known as the unemployment rate. One must be out of work and actively seeking employment in order to be classified as jobless. To find the proportion of people who are unemployed, divide the number of unemployed people by the total work force, multiply the result by 100.
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What effect will the return of merchandise to the supplier in event 2 have on Darlington's financial statements?
Due to the decrease in assets and net income caused by the return of goods to the supplier in event 2, this will have a negative effect on Darlington's financial accounts.
What is Darlington's financial statement?The financial statements of Darlington are a group of documents that include data about the company's performance and financial health. These statements normally consist of the cash flow statement, income statement, and balance sheet. The balance sheet details the business's assets, liabilities, and equity as of a certain date.
The income statement displays the company's revenue, costs, and profit for a certain time period. The cash flow statement offers data on cash inflows and outflows, which aids in assessing the capacity of the business to create cash. All parties involved in the firm, including investors, lenders, and management, consult these financial statements before making choices.
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what are the six planning tools and techniques?
The six planning tools and techniques are = SWOT Analysis, Gantt Charts, Mind Mapping, PERT Diagrams, Critical Path Analysis, Budgeting and Cost Estimation.
SWOT Analysis: Evaluates an organization's strengths, weaknesses, opportunities, and threats.PEST Analysis: Analyzes the political, economic, social and technological environment.Gantt Chart: A visual representation of a project's timeline and tasks.Mind Mapping: A tool for brainstorming and organizing ideas visually.Flowchart: A diagram that illustrates the steps in a process.Critical Path Analysis: Determines the most important tasks and the order in which they must be completed to ensure a project's success.Learn more about the planning tools and techniques, please visit the link given below;
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Why is management an important discipline to study?
For management to apply easily in an association, all the functions starting from planning to organizing also staffing to directing and ending up with controlling is essential. thus, operation is considered as a discipline.
What's operation as a discipline of study?
operation as a discipline refers to that branch of knowledge which is connected to study of principles & practices of introductory administration. It specifies certain law of conduct to be followed by the director & also colorful styles for managing coffers efficiently.
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a common identifiable element in buying centers in all sectors of the industrial market is: a. the accounting function. b. the purchasing function. c. the production function. d. the chief executive officer. e. the engineering function.
The common identifiable element in buying centers in all sectors of the industrial market is the purchasing function. The purchasing function refers to the individuals or groups within an organization who are responsible for making decisions about buying goods or services.
In the industrial market, the purchasing function is typically comprised of purchasing agents or buyers who are responsible for sourcing and purchasing products for the organization.
In a buying center, purchasing is not the only function that is involved in the decision-making process. Other functions such as engineering, production, accounting, and senior management also play a role in evaluating and selecting suppliers, products, and services. However, the purchasing function is the common element that is present in all buying centers and plays a central role in the decision-making process.
The purchasing function is responsible for many tasks, including conducting market research to identify potential suppliers, evaluating suppliers based on factors such as price, quality, delivery, and service, negotiating contracts and agreements with suppliers, and managing supplier relationships. They must also ensure that the products or services purchased meet the needs of the organization, and that they are delivered on time and within budget.
The purchasing function is critical to the success of buying centers in the industrial market. They help to ensure that the organization makes informed decisions about buying products and services, and that the best possible value is obtained for the organization. By working closely with other functions in the buying center, such as engineering, production, and accounting, the purchasing function can help to ensure that the needs of the organization are met and that the buying process runs smoothly.
In conclusion, the purchasing function is a common identifiable element in buying centers in all sectors of the industrial market. It plays a central role in the decision-making process and is responsible for many tasks, including sourcing and purchasing products and services, negotiating contracts and agreements with suppliers, and managing supplier relationships. The purchasing function is critical to the success of buying centers and helps to ensure that the organization makes informed decisions about buying products and services.
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Three kilo of quid can be purchaed at the market for php 180 what will be the cot of 15 kilo of quid
Three kilo of quid can be purchaed at the market for php 180,The cost of 15 kilo of quid is 900.
What is the cost called?Cost is the amount of money spent by a business to produce or provide goods or services. It excludes the profit margin markup. Cost is the sum of money spent on making a thing or product, as seen from the seller's perspective.
Three kilo of quid can be purchaed at the market for php 180
180 / 3 * 15 = 60
Lone kilo Php boy. = 60 * 15 = 900 ( simple operation)
=900
Three kilo of quid can be purchaed at the market for php 180,The cost of 15 kilo of quid is 900.
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Coronado Corporation has retained earnings of $723,800 at January 1, 2020. Net income during 2020 was $1,406,200, and cash dividends declared and paid during 2020 totaled $79,200. Prepare a retained earnings statement for the year ended December 31, 2020. Assume an error was discovered: land costing $89,860 (net of tax) was charged to maintenance and repairs expense in 2019. (List items that increase retained earnings first. )
A retained earnings statement is a summary of the changes in a company's retained earnings over a specified period of time. It can be used to track the movement of the company's earnings from one period to the next.
Here is the retained earnings statement for Coronado Corporation for the year ended December 31, 2020:
Retained Earnings Statement
For the Year Ended December 31, 2020
Retained earnings, January 1, 2020: $723,800
Add: Net income for 2020: $1,406,200
Less: Cash dividends declared and paid during 2020: $(79,200)
Corrected retained earnings, December 31, 2020: $2,050,800
The error that was discovered needs to be corrected by adjusting the retained earnings for the previous year, 2019. The correction will be to add back the land cost that was charged to maintenance and repairs expense in 2019.
Retained earnings, January 1, 2020 (corrected): $813,660
Add: Net income for 2020: $1,406,200
Less: Cash dividends declared and paid during 2020: $(79,200)
Retained earnings, December 31, 2020 (corrected): $2,140,660
The corrected retained earnings statement accurately reflects the company's financial position and allows stakeholders to make informed decisions about the company's future.
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a borrower is making a choice between a mortgage with monthly payments or biweekly payments. the loan will be $210,000 at 6 percent interest for 20 years. required: a. hat would be the maturity period if payments are bi-weekly? how much will the borrower pay in total under each payment option? which choice would be less costly to the borrower? hint: assume 26 total bi-weekly payments per year for the maturity period. b. assume that the bi-weekly loan was available for 5.75%. what would be the maturity period if payments are bi-weekly? how much will the borrower pay in total under each payment option? which choice would be less costly for the borrower?
If payments are made every two weeks, the loan's interest will cost $218,000 over the course of 20 years at a rate of 6 percent, with a 10-year maturity period.
Describe the mature period?The date that the final payment is due on a loan or other financial instrument, such as a bond or term deposit, when the principal is due to be paid, is known as the maturity date or maturity period in finance.
A bond with a deadline is defined precisely what?Depending on how long it takes for a bond to mature, the owner will either continue to receive interest payments or not. The face value, or par, of a bond is returned to the owner when it matures.
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how do changes to the federal funds rate affect the inflation rate?
The Federal Reserve, the central bank of the United States, uses changes in the federal funds rate to influence inflation.
When the Federal Reserve raises the federal funds rate, it makes borrowing more expensive for banks, which in turn raises interest rates for consumers and businesses.
This decrease in spending can help slow down the economy, reducing demand and potentially lowering inflation. Conversely, when the Federal Reserve lowers the federal funds rate, it makes borrowing cheaper, which can stimulate spending and increase demand, potentially leading to higher inflation.
However, the relationship between changes in the federal funds rate and inflation is complex and can be affected by many other factors.
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a blank strategy introduces a new product or service to a new market segment, one that the firm has not yet targeted. multiple choice question. market development diversification product development market penetration
A diversification strategy introduces a new product or service to a new market segment, one that the firm has not yet targeted.
A diversification strategy is a means of business expansion or growth. It entails the introduction of a new product or product line, usually in a new market. It assists firms in identifying new opportunities, increasing earnings, increasing sales income, and expanding market share.
The strategy also provides them with an advantage over their competition. Large-scale businesses commonly use the corporate diversification strategy or product diversification.
Diversifying products, on the other hand, is usually risky and necessitates substantial market research and analysis. Product diversification can be classified into three forms based on the scope and approach used: concentric, horizontal, and conglomerate.
The following is a table of contents.
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What is the margin in Dée's account when she first purchases the stock?
The answer is 8,000$, The stock is purchased for $40 × 300 shares = $12,000. Given that the amount borrowed from the broker is $4,000, Dee's margin is the initial purchase price net borrowing: $12,000 – $4,000 = $8,000.
What does the term "stock" mean?A stock is a type of security that denotes a portion of ownership in a business. A share of a firm is what you purchase when you buy its stock. Investors buy stocks in firms they believe will increase in value. The value of the company's stock rises as a result.
How are stocks made to be profitable?Stocks are ownership interests in publicly traded companies. Companies sell them on stock exchanges to raise capital, and investors buy and sell them based on their ability to appreciate in value or pay dividends. You can increase your wealth and accomplish your long-term financial objectives by purchasing and owning stocks.
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Using the legend provided, classify each of the following tax sources.
Legend
P = Primary tax source
S = Secondary tax source
B = Both
N = Neither
Tax Sources:
a. Sixteenth Amendment to the U.S. Constitution.
b. Tax treaty between the United States and India.
c. Revenue Procedure.
d. Chief Counsel Advice (issued 2009).
e. U.S. District Court decision.
f. Yale Law Journal article.
g. Temporary Regulations (issued 2014).
h. U.S. Tax Court Memorandum decision.
i. Small Cases Division of the U.S. Tax Court decision.
j. House Ways and Means Committee report.
The federal, state, and municipal governments in the USA are distinct from one another, and taxes are levied at each of these levels.
Income, wages or payroll, property, sales, dividends and funds, imports, estates, gifts, and a variety of other items are all liable for taxation. Federal, state, and local governments collected 25.5% of GDP- gross domestic product in taxes in 2020, less than the OECD average of 33.5% of GDP. In terms of tax income to GDP, the United States ranked seventh lowest among OECD nations in 2020, having a higher ratio than Mexico, Colombia, Chile, Ireland, Costa Rica, and Turkey. Labor income is taxed more steeply than capital income. Indirect taxation of some activities over others can also take the shape of various taxes and subsidies for various sources of income and spending.
a. Sixteenth Amendment to the U.S. Constitution - P
b. Tax treaty between the United States and India- P
c. Revenue Procedure- P
d. Chief Counsel Advice (issued 2009)- S
e. U.S. District Court decision- P
f. Yale Law Journal article- S
g. Temporary Regulations (issued 2014)- P
h. U.S. Tax Court Memorandum decision- P
i. Small Cases Division of the U.S. Tax Court decision- N
j. House Ways and Means Committee report- P
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n a pure command economy, the prices at which goods and services are sold are planned by the multiple choice world trade organization. consumers. private monopolists. government. producers.
The correct option is C. In a pure command economy, the prices at which goods and services are sold are planned by the government. This means that instead of the market determining prices and supply and demand, the government intervenes and makes decisions about what prices and amounts of goods should be sold and purchased.
This type of economy is often associated with centrally-planned economies in which the government controls virtually all aspects of production and consumption. The government will determine the prices at which goods and services are sold, as well as the amounts that should be produced and sold. This type of system is different from a market economy in which prices and production are determined by the interaction of buyers and sellers.
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if the cross-price elasticity of two goods is negative, then the two goods are
If the cross-price elasticity of two goods is negative, then the two goods are complements.
Elasticity is a critical idea in neoclassical financial principles and permits the understanding of numerous monetary standards, which include the prevalence of oblique taxation, marginal ideas regarding the concept of the firm, distribution of wealth, and different styles of items regarding the principle of purchaser preference. Information on elasticity is also vital while discussing welfare distribution, especially client surplus, manufacturer surplus, or government surplus.
Elasticity is present in many financial theories, with the concept of elasticity performing in numerous principal indicators. these include the rate elasticity of call for, rate elasticity of supply, earnings elasticity of demand, the elasticity of substitution between factors of production, go-rate elasticity of demand, and elasticity of intertemporal substitution.
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in what three ways is ford’s proposed vision statement better than the firm’s actual vision statement?
The proposed vision statement is better than the actual vision statement because it is clearer, more relevant, and more inspiring. These three factors make it easier for Ford to achieve its goals and continue to be a leader in the automotive industry.
Ford is an American multinational automaker that was founded in 1903. Over the years, the company has evolved and adapted to the changing times. One way it has done this is by updating its vision statement, which outlines its goals and aspirations for the future.
In this answer, we will compare Ford's proposed vision statement with its actual vision statement and discuss three ways in which the proposed vision statement is better.
Clarity: The proposed vision statement is more clear and concise than the actual vision statement. It clearly states the company's goals and objectives, making it easier for employees, shareholders, and customers to understand what Ford stands for.Relevance: The proposed vision statement is more relevant to today's market and the changing needs of consumers. It takes into account the current trends and advancements in technology, and positions Ford as a leader in sustainable transportation solutions.Inspiring: The proposed vision statement is more inspiring and motivating for employees, customers, and shareholders. It sets a clear direction for the company and inspires everyone to work together to achieve its goals.To know more about Ford refer to-
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g (m) what happens to consumer surplus as a result of the merger? select one: a. consumer surplus increases. b. consumer surplus decreases. c. consumer surplus remains the same. d. it is not possible to say on the basis of the available information. e. it may increase or decrease based on the specific shape of the utility function of consumers. f. it will increase for some consumers and decrease for others.
It may increase or decrease based on the specific shape of the utility function of consumers.
A merger is a significant event for the market structure, as it can shift market power and affect the price, quantity supplied and quantity demanded of a good.
Depending on these changes, consumer surplus may increase, decrease or remain the same. For instance, if the price of a good decreases and the quantity demanded increases, consumer surplus will increase.
Conversely, if the price increases and the quantity demanded decreases, then consumer surplus will decrease. The exact outcome of the merger on consumer surplus is dependent on the specific shape of the utility function of consumers. If demand's price elasticity is high, a merger-induced price drop will result in more consumer surplus.
On the other hand, if the price elasticity of demand is low, then a decrease in price may not result in an increase in consumer surplus. Thus, it is not possible to predict the impact of a merger on consumer surplus without considering the specific shape of the utility function of consumers.
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babe ruth, the famous baseball player, earned $80,000 in 1931. today, the best baseball players can earn more than 300 times as much as babe ruth earned in 1931. however, prices also have risen since 1931. we can conclude that
We can conclude that One cannot determine whether baseball starts today enjoy a higher standard of living than Babe Ruth did in 1931 without additional information regarding increases in prices since 1931. One of the reasons for the same is the unknown rate of inflation.
In order to determine whether baseball players today enjoy a higher standard of living than Babe Ruth did in 1931, one would need to take into account changes in prices since then, as well as changes in the cost of living and changes in the goods and services available to people. This information would provide a more complete picture of changes in the standard of living and allow for a more accurate comparison between Babe Ruth's standard of living and that of today's baseball players. It's important to consider factors such as inflation, purchasing power, and changes in technology and amenities when making comparisons of this nature.
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The given question is incomplete. The complete question is as follows as:
Babe Ruth, the famous baseball player, earned $80,000 in 1931. Today the best baseball players can earn more than 400 times as much as Babe Ruth earned in 1931. However, prices have also risen since 1931. We can conclude that:
a. the best baseball players today are about 400 times better off than Babe Ruth was in 1931.
b. because prices have also risen, the standard of living of baseball stars hasn't changed since 1931.
c. one cannot make judgments about changes in the standard of living based on changes in prices and changes in income.
d. one cannot determine whether baseball starts today enjoy a higher standard of living than Babe Ruth did in 1931 without additional information regarding increases in prices since 1931.
Organization expenses, or the costs to organize a corporation, include which of the following? Charter fees. Depreciation. Dividends. Legal fees.
The answer to question Organization expenses, or the costs to organize a corporation, include which of the following? is Legal fees.
Organizational costs typically include legal and advertising costs for incorporating the company into state and federal government. In other words, organizational costs are the costs of starting or starting a business.
Examples include the costs of interim directors and organizational meetings, government fees for incorporation privileges, costs of accounting services related to the organization, and costs of legal services. A name, including its purpose, whether the corporation is a for-profit or non-profit organization, the location of the corporation, the number of shares eligible for issuance, and the names of the parties involved in its formation.
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