Someone made 80000 and paid 12000 child care, the credit is 68000
What is credit?Generally, Credit is an agreement between a lender and a borrower in which the lender provides money, goods, or services to the borrower in exchange for a promise from the borrower to repay the lender in the future.
The loan can be secured with collateral, such as a house, or unsecured, such as a credit card.
Credit is used to purchase goods and services, pay for education, buy a home, or finance other large expenses.
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which situation would cause the price of a product to fall the most ?
A. the demand rise while the supply falls
B. the demand falls while the supply rises
C. Both the demand and supply rise
D. Both the demand and the supply fall.
Answer: B. the demand falls while the supply rises
Explanation:
The price of a product is determined by the interaction of two major economic factors: demand and supply. The law of supply and demand states that if demand for a product increases while the supply remains constant, the price of the product will rise. On the other hand, if demand decreases while supply remains constant, the price of the product will fall. In the case where both demand and supply rise, the price of the product will increase, but to a lesser degree than if only demand had risen. Finally, if both demand and supply fall, the price of the product will fall the most, since there is a decrease in both the desire for the product and the ability to produce it.
Answer:
The demand falls while the supply rises would cause the price of a product to increase the most. Thus, option B is correct.
What is the price?The quantity of money being supplied or needed to be paid for a commodity or service is referred to as the price.
The demand would generally fall when the supplier would increase the quantity within the market. This would further call for the price of the product to increase significantly to maintain the flow of the commodity or the service in the market. As demand and supply have an inverse relationship.
Therefore, option B is the correct option.
Robinson Crusoe can gather 10 coconuts or catch 1 fish per hour. His friend Friday can gather 30 coconuts or catch 2 fish per hour. What is Crusoe’s opportunity cost of catching 1 fish? What is Friday’s? Who has an absolute advantage in catching fish? Who has a comparative advantage in catching fish?
Answer:
Crusoe's opportunity cost of catching 1 fish is 10 coconuts, since he can either catch 1 fish or gather 10 coconuts in 1 hour. Friday's opportunity cost of catching 1 fish is 15 coconuts, since he can either catch 1 fish or gather 30 coconuts in 2 hours. Friday has an absolute advantage in catching fish, since he can catch twice as many fish as Crusoe in the same amount of time. However, Crusoe has a comparative advantage in catching fish, since his opportunity cost of catching 1 fish is lower than Friday's.
Explanation:
PLEASE HELP, WILL GIVE BRAINLIEST
1. The industrial wood planers currently valued at $58,000 each were purchased two years ago for $65,000 each. The company plans to keep them for six more years. Jasmine uses the straight-line method to determine the depreciation for these machines. Be sure to follow FASB
a. What is the salvage value of each planner, and how is this amount determined? (2 points)
The salvage value of each planner is $23,000 and this is derived by first calculating the depreciation amount which is then deducted from Original cost of the asset.
How do we calculate our salvage value?The salvage value of each industrial wood planer is the estimated value of the machine at the end of its useful life, after it has been fully depreciated. It is determined by subtracting the accumulated depreciation from the original cost of the asset.
In Jasmine's case, using the straight-line method of depreciation, the annual depreciation for each machine is calculated as follows:
$65,000 - $58,000 = $7,000 (depreciation per year)
The company plans to keep the machines for six more years, so the total amount of accumulated depreciation would be:
$7,000 x 6 = $42,000
Therefore, the estimated salvage value of each industrial wood planer would be:
= $65,000 - $42,000
= $23,000
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Suppose the price of a gallon of ice cream rises from $4 to $5, and the price of a can of coffee rises from $2 to $2.50. If the CPI rises from 150 to 200, then people likely will buy a. less ice cream, less coffee b. less ice cream, more coffee c. more ice cream, more coffee d. more ice cream, less coffee
Based on the given information, If the CPI rises from 150 to 200, then people likely will buy less ice cream and less coffee. Thus the correct option is A.
What is CPI?The term CPI stands for Consumer Price Index indicates the cost of a market basket of consumer products and services that households purchase on ordinary and weighted terms.
In the given case, it is clearly given that if the cost of both items rises above the CPI, they are being offered above the price at which supply and demand would be balanced, which would ultimately cause demand to fall.
Therefore, option A is appropriate.
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auto guys initiated a data warehousing project four years ago but it never achieved full usage. after initial support for the project eroded, management revisited their motives for the warehouse and decided to restart the project with a few changes. one reason for the restructuring, according to the project manager, was the complexity of the model initially employed by auto guys. at first, the planner for the data warehouse wanted to use a dimensional model for tabular information. but political pressure forced the system’s early use. consequently, mainframe data was largely replicated and these tables did not work well with the managed query environment tools that were acquired. the number of tables and joins, and subsequent catalogue growth, prevented auto guys from using data as it was intended in a concise and coherent business format. the project manager also indicated that the larger the data warehouse, the greater the need for high level management support – something auto guys lacked on their first attempt at setting up the warehouse. another problem mentioned by the project manager was that the technology auto guys chose for the project was relatively new at the time, so it was not accepted and did not garner the confidence that a project using proven technology would have received. this is a risk inherent in any “cutting edge” technology adoption. the initial abandonment of the project was undoubtedly hastened by both corporate discomfort with this new technology and the lack of top management support. a short time after dropping the project, top management felt pressure to re-establish it. because auto guys initially planned an enterprise-wide warehouse, they had considerable computer capacity. it was put to use on a much smaller project that focused exclusively on a single subject area. other subject areas were due to be added once the initial subject area project was completed. auto guys expects to grow the warehouse to two terabytes within a year or two and eventually expand to their projected enterprise-wide data warehouse. the biggest difference between pre- and post-resurrection will be that the project will evolve incrementally. given his experience with the warehouse, the project manager made the following summary observations: (1) the management of expectations is critical to any sizeable data warehouse project; (2) proven technology, although not essential, does make the project easier to explain and justify; and (3) the construction of a sizeable data warehouse should be treated more like and r&d effort instead of a typical it project because of the time it takes to complete the project, the amount of money involved, and the short-term focus of top management.
Answer:Auto Guys initiated a data warehousing project but faced challenges due to the complexity of the dimensional model used, political pressure, large number of tables and joins, lack of high-level management support, and the use of new technology. The project was later restarted with a focus on a single subject area and with an expectation to grow to a terabyte in size in a few years. The project manager observed that managing expectations, using proven technology, and treating the project like R&D are key to success in a data warehousing project.
Explanation:
Auto Guys initiated a data warehousing project but faced challenges due to the complexity of the dimensional model used, political pressure, large number of tables and joins, lack of high-level management support, and the use of new technology. The project was later restarted with a focus on a single subject area and with an expectation to grow to a terabyte in size in a few years. The project manager observed that managing expectations, using proven technology, and treating the project like R&D are key to success in a data warehousing project.
3) The following are the trial balance and other information related to Soft Tech, a consulting engineer. Soft Tech, Consulting Engineer Trial Balance December 31, 2022 Debit Credit Cash Br. 59,000 Accounts Receivable 99,200 Allowance for Doubtful Accounts Br. 1,500 Supplies 3,920 Prepaid Insurance 2,200 Equipment 50,000 Accumulated Depreciation—Equipment 12,500 Notes Payable 14,400 Share, Capital 104,020 Dividend 34,000 Service Revenue 200,000 Rent Expense 19,500 Salaries and Wages Expense 61,000 Utilities Expense 2,160 Office Expense 1,440 Br. 332,420 Br. 332,420 Other data: 1. Fees received in advance from clients Br.12,000. 2. Services performed for clients that were not recorded by December 31, Br.9,800. 3. Bad debt expense for the year is Br.2,860. 4. Insurance expired during the year Br.960. 5. Equipment is being depreciated at 10% per year. 6. Fine Tech gave the bank a 90-day, 10% note for Br.14,400 on December 1, 2022. 7. Rent of the building is Br.1,500 per month. The rent for 2022 has been paid, as has that for January 2023. 8. Salaries and wages earned but unpaid December 31, 2022, Br.5,020. Instructions a. From the trial balance and other information given, prepare annual adjusting entries as of December 31, 2022. b. Prepare the worksheet c. Prepare an income statement for 2022, a statement of owner’s equity, and a classified statement of financial position. d. Maintain the necessary closing entry.
Any modifications are reflected in annual adjusting entries as of December 31, 2022 which displays the general ledger account balances below
The ledger account closing balances are shown in a trial balance at a certain moment. Contrarily, an adjusted balance is a list of general accounts and their current balances following the posting of the adjusting entries.
The accuracy of the financial accounts is checked using the adjusted trial balance. The cash flow statement, income statement, and balance sheet are all produced using the adjusted trial balance.
Trial Balance (Adjusted)
Debit Credit
Cash Br. 59,000
Accounts Receivable 99,200
Allowance for Doubtful Accounts Br. 4,360
Supplies 3920
Prepaid Insurance 1,240
Equipment 50,000
Accumulated Depreciation—Equipment 17,500
Notes Payable 14,400
Share, Capital 104,020
Dividend 34,000
Service Revenue 209,800
Rent Expense 19,500
Salaries and Wages Expense 66,020
Utilities Expense 2,160
Office Expense 1,440
Unearned Service Revenue 9,800
Salaries Payable 5020
Total Br. 377,680 Br. 377,680
Financial Statements
Income Statement for 2022
Service Revenue = 209,800
Rent Expense = 19,500
Salaries and Wages Expense = 66,020
Utilities Expense = 2,160
Office Expense = 1,440
Depreciation Expense = 5,000
Bad Debt Expense = 2,860
Insurance Expense = 960
Total Expenses = 97,880
Net Income = 112,920
Statement of Owner’s Equity
Capital, January 1, 2022 104,020
Net Income 112,920
Dividend 34,000
Capital, December 31, 2022 150,940
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Based on my journal, which is all labeled as correct, what do i put on the retained earnings T chart?? The left side has a balance of $493800 on dec 31. the right side has the original balance and then a spot for a december 31 number and then the dec 31 balance?? there's only one transaction on dec 31 so im confused
In the Retained Earnings T-account, debit Cash Dividends with $43,800 and Stock Dividends with $450,000, according to the journal.
What is the Retained Earnings account?The Retained Earnings account shows the leftover profits of a company after settling direct costs, indirect costs, income taxes, and dividends to the stockholders.
To record the distribution of cash and stock dividends in the general ledger (T-accounts), the Retained Earnings account is debited while the corresponding accounts are credited, respectively.
Thus, from the journal, we can conclude that there were cash dividends of $43,800 and stock dividends of $450,000 for the period, which reduce the Retained Earnings account.
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A popular celebrity promotes a certain brand of clothing, and this increases the demand for that brand of clothing. What two things would you expect to happen next? (Select two answers.)
A popular celebrity promotes a certain brand of clothing, and this increases the demand for that brand of clothing. What two things would you expect to happen next? (Select two answers.)
Price increases in response to rising demand will undoubtedly encourage producers to increase their output.
What is Celebrity marketing?Celebrity marketing is a tactic that involves using a well-known person to advertise a product. This renowned person could be a singer, athlete, former politician, musician, cartoon character, etc. They don't have to be world-famous; they only need to be well-known to the target audience.
For instance, a well-known skateboarder who is unknown to the general public may be popular among young men who drink energy drinks. An explicit or covert celebrity endorsement of a product is possible.
Thus, Price increases in response to rising demand.
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Hello please help! I need a 3 paragraph response!
Why are some companies more successful in their global expansion than others? What factors should a manager consider when expanding globally?
There are some companies are the successful as compare to the other companies are:
Recognition.Market share.Better services.There was the expanding on the globally to consider the better brand and the loyalty.
What is companies?Companies are legal entities that are legally registered in accordance with the Company Act. The companies are the main motive of the earning the profit. The companies are the making the profit to run the business.
According to some companies are the successful because it was the smart work, recognition, market share, and the innovation. The focuses on the global market are the better brand and the loyalty are the more susses of the companies.
As a result, the significance of the companies are the aforementioned.
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Read the case, Target Corporation, and the note, Analyzing Financial Statements (HBS packet). Respond to the following question:
What are the key strategic findings when you evaluate Target's financial position relative to Walmart's?
Having analyzed Target Corporations Financial Statements viz a viz that of Walmart is is clear that, with regard to strategic findings, the liquidity ratios demonstrate Walmart and Target's capacity to meet debt commitments.
What other strategic findings are given?To begin, the current ratio assesses the capacity to pay both short-term and long-term loans. Target's current ratio is higher than Walmart's, indicating that Target has a stronger ability to pay these loans.
Because inventories are more difficult to liquidate than other assets, the fast ratio demonstrates the capacity to pay short-term and long-term obligations without liquidating inventory. Target outperforms Walmart in this category as well.
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Which of the following allows a person to withdraw money early from their individual retirement account (IRA) without penalty?
Loan provisions are possible but not necessarily in a qualified plan. If a plan allows loans, the amount that may be borrowed may be constrained by the plan.
What is considered an individual retirement account?Your ability to save money for retirement tax-advantageously is enabled by an individual retirement account (IRA). With the help of an IRA, a person can save money for retirement while enjoying tax-free growth or deferring taxes. An IRA is an account set up at a financial institution.
By multiplying the value of your Traditional IRA by a life expectancy factor chosen by the IRS, you can determine the amount of your RMD. Your RMD must be calculated separately for each IRA, but you are free to withdraw your entire RMD amount from either one IRA or a group of IRAs.
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Why does the fact that she might not like living in California make someone think renting a home is better than buying one?
A. She cannot immediately come up with the large down payment required to buy a house.
B. She expects mortgage rates to go down in the next year or two. (That has nothing to do with whether she likes
C. She does not want to pay property taxes to support a place she might not like living in.
D. If she decides to move, she will not have to deal with selling her home
Answer:D. If she decides to move, she will not have to deal with selling her home.
Explanation:The reasoning behind option D is that if the person rents a home, they will not have to go through the process of selling a home if they decide they do not like living in California. Renting a home provides more flexibility and allows them to move without having to worry about the challenges that come with selling a home, such as finding a buyer and negotiating a price. This could be especially important if the person is unsure about whether they will like living in California, and wants to be able to move if needed without having to go through a complicated and time-consuming process.
If she decides to move, she will not have to deal with selling her home the fact that she might not like living in California make someone think renting a home is better than buying one. Thus, option (d) is correct.
What is renting?The term renting refers to pay the rent on the used of the thing, property. The renting are the pay to the landlords. A renting on the time to time pay as the basis on the monetary terms. It was the renting are the cheapest as compare the buying.
According to the case, the fact was the basis on the person rents a home not as the buying the home because it was the cheapest. So, she was decided the not living the California. Renting on the home was the more flexible as well as negotiating a price. She not to the deal her home.
As a result, the significance of the renting a home is better than buying one are the aforementioned. Therefore, option (d) is correct.
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Can someone help me with strategic management assignment?
Strategic management is the process of setting a direction for an organization by defining its mission, target markets, strengths and weaknesses, and values. It also explores the principles of strategy formation and implementation, with a focus on new technologies and innovation.
What are the most important steps in Strategic Management?A strategic management plan consists of several steps. The first step is to assess the current situation. This means taking an objective view of how the company is currently doing in terms of its financial health, customer satisfaction, and market share. Businesses need to know where they are now before they can set out their plans for where they want to end up.
The next step is determining what the company wants to achieve, which should be specific, measurable objectives.
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4. Business owes a duty to society to conduct itself in which of the following ways?
Business owes a duty to society to conduct itself in the ways following the accepted rules of the "game" of business
What are the most important rules in business?Choosing the right person to associate with is the most important rule in business and life in general. This rule can be difficult to adhere to consistently, and ignoring it is a lesson to be learned over and over again.
Why do we need business rules?The rules of the game in business are laws that regulates the formation and operation of a company. Improve business processes by providing guidance on when to start, stop, or change these processes to apply policies consistently across your organization. Business rules are used for a variety of use cases based on internal or external constraints.
What are the five rules of business?Five golden rules for small business success: Create a realistic business plan. Monitor conflicts. Don't try to do everything yourself. Get professional advice. Address marketing not just accountants.
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A newspaper publishing company that owns forests, paper mills, printing plants, radio and television station is said to be
A newspaper publishing company that owns forests, paper mills, printing plants, and radio, and television stations is said to be Vertically integrated.
What do you mean by printing?Using a master form or template, printing is a procedure for creating text and images in large quantities.
Multiple media, including radio, television, social networking, billboards, newspapers, magazines, books, film, and the Internet, are used to conduct mass communication. Mass communication is employed in the modern period to spread information quickly, frequently regarding politics and other contentious subjects.
Therefore, Vertically integrated is the correct answer.
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What is contribution?
Haile Resort opened for business on June 1 with eight air conditioned units. Its trial
balance on August 31 is as follows.
Haile Resort
Trial Balance
August 31, 2022
Debit Credit
Cash Br. 39,200
Prepaid Insurance 9,000
Supplies 5,200
Land 40,000
Buildings 240,000
Equipment 32,000
Accounts Payable Br. 9,000
Unearned Rent Revenue 9,200
Mortgage Payable 100,000
Share Capital—Ordinary 200,000
Retained Earnings 0
Dividends 10,000
Rent Revenue 172,400
Salaries and Wages Expense 89,600
Utilities Expense 18,400
Maintenance and Repairs Expense 7,200
Br.490,600 Br.490,600
Other data:
1. The balance in prepaid insurance is a 1-year premium paid on June 1, 2022.
2. An inventory count on August 31 shows Br.1,300 of supplies on hand.
3. Annual depreciation rates are buildings (4%) and equipment (10%).
4. Unearned rent revenue of Br.7,600 should be recognized as revenue prior
to August 31.
5. Salaries and wages of Br.750 were unpaid at August 31.
6. Rentals of Br.1,600 were due from tenants at August 31.
7. The mortgage note is dated 1/1/2022. The mortgage interest rate is 8% per
year.
Instructions
a. Journalize the adjusting entries on August 31 for the 3-month period
June 1–August 31.
If Haile Resort opened for business on June 1 with eight air conditioned units. Its trial. The journal entry to record this transactions is: Debit: Insurance Expense, 9,000,Credit: Prepaid Insurance, 9,000
What is journal entry?Journal entry is used by companies to record their day to day business transactions.
Haile resort journal entries
Prepaid Insurance:
Debit: Insurance Expense, 9,000
Credit: Prepaid Insurance, 9,000
Supplies:
Debit: Supplies 3,900
Credit: Supplies Expense, 3,900
( 5,200 - 1,300)
Depreciation:
Debit: Depreciation Expense, Buildings, 2400
Credit: Accumulated Depreciation, Buildings, 2400
(Br.240,000 * 4% * 3/12 )
Debit: Depreciation Expense, Equipment 800
Credit: Accumulated Depreciation, Equipment, 800
(Br.32,000 * 10% * 3/12 )
Unearned Rent Revenue:
Debit: Rent Revenue, 7,600
Credit: Unearned Rent Revenue, 7,600
Salaries and Wages:
Debit: Salaries and Wages Payable, 750
Credit: Salaries and Wages Expense, 750
Rent Receivable:
Debit: Rent Receivable, 1,600
Credit: Rent Revenue, 1,600
Debit Interest Expense 2,000
Credit Mortgage Payable 2,000
(100,000 * 8% / 12 * 3 = 2,000)
Therefore the entry is Debit: Insurance Expense, 9,000,Credit: Prepaid Insurance, 9,000
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A poll of the first 10 attendees at a meeting in town indicated that their jobs included a teacher, a banker, a plumber, a mail deliverer, a baker, a tutor, a piano teacher, two brothers who own a chocolate-making company, and an automotive factory worker. Compared to the service occupations in the general workforce, the demographics of this group are _____.
A survey of the top 10 attendees at a town meeting indicated that their jobs included a teacher, banker, plumber, mail delivery boy, baker, tutor, piano teacher, two brothers who owned a chocolate manufacturing company, and a laborer at a car factory.
Compared to service occupations in the general workforce, this group's demographics are similar to that of workers in the US.
How is the US job market?It is a market with many opportunities, since the country has a heated economy that is always in development. There is a great need for a workforce for positions considered to require less education, which are generally assumed by immigrants who come to the country in search of opportunities.
Therefore, the poll that indicated a citizen's jobs in several different professions may reflect the reality of American and immigrant workers.
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John needs a new dishwasher and buys it from a store because they had a financing special that offered no interest charges for 12 months. What will the store do if he doesn't pay the entire amount off in that time?
A. It will begin assessing interest on whatever remains to be paid at that point.
B. It will repossess the dishwasher.
C. It will cancel the service contract on the dishwasher.
D. It will charge him all the interest that would have accrued over the year.
The option that will the store do if he doesn't pay the entire amount off in that time is option A. It will begin assessing interest on whatever remains to be paid at that point.
What is the interest about?Assessing interest refers to the calculation and addition of interest charges on a debt or loan balance. It's a way for lenders to compensate for the opportunity cost of not having the loaned amount available for investment or other uses.
Therefore, based on the above, the interest rate, frequency, and method of calculation can vary based on the terms of the loan agreement.
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Answer:
1. If she decides to move, she will not have to deal with selling her home.
2. With each new lease, your rent can go up.
3. You are always driving a new car, which has the latest safety features.
4. It will charge him all the interest that would have accrued over the year.
5. He wants to get the rewards, and he did not want to open another credit card.
Explanation: I took the quick check
Discuss the implication of government domestic debt on a time value of money
The concept of the money's time value states that given its prospective earning power, money is worth more than a comparable amount in the future. in relation to the domestic debt of the government.
Discuss the effects of domestic government debt on the time value of money.A government effectively raises the amount of money in the economy when it borrows by issuing bonds. Since inflation lowers the money's purchasing power and hence its temporal value, this expansion of the money supply has the potential to cause inflation. The demand for treasury securities may decline and their yield may rise if inflation is strong and is predicted to stay high, which will raise the cost of financing for the government. Furthermore, a high level of public debt may raise questions about how well the government will be able to pay off its debts in the future, which may undermine investor confidence and weaken the market for government bonds. This may increase the government's borrowing costs, which would have an impact on the time value of money once more.
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Joan has been a border security agent for several years. She has now decided that it is time for her to try to advance further in her career. Since she
has a natural talent for championing the well-being of those around her, which of the following positions would you recommend that Joan apply toward?
OA
chaplaincy
O B. BORSTAR
OC.
O D.
Honor Guard
Less-Lethal Instructor Training Program
Since she has a natural talent for championing the well-being of those around her, I would recommend that Joan should apply toward BORSTAR position.
What is a BORSTAR?
Of response to the rise in border patrol agent injuries and migrant deaths at our country's borders, the border patrol search, trauma, and rescue (BORSTAR) unit was established in 1998. BORSTAR is housed at the special operations group (SOG) Headquarters of the U.S. border patrol in El Paso, Texas.
It primarily helps migrants who are hurt or stranded as they attempt to cross illegally into the United States from Mexico in isolated desert regions. BORSTAR teams have also aided motorists, hikers, and other border patrol agents that required rescue in addition to migrants.
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Producers would prefer a market characterized by monopoly. Explain the theoretical and Practical reasons for your answer.
Theoretically, a market characterized by monopoly would allow producers to have more control over prices and to restrict output in order to maintain higher prices. This can lead to higher profits for the monopolist.
Why would producers prefer a market characterized by monopoly?We have several reasons why producers may not prefer a monopoly market structure:
Government intervention: Governments often regulate monopolies to prevent them from abusing their market power and charging excessive prices. This regulation can limit the ability of the monopolist to maximize profits.Lack of competition: In a monopoly market, there is no competition to keep prices in check and to drive innovation. This can lead to inefficiencies and a lack of consumer choice.Decreased consumer surplus: Monopolies often lead to higher prices for consumers, which reduces their purchasing power and their overall welfare.In all , while a monopoly market structure may provide higher profits for producers in the short-term, there are several practical and theoretical reasons why it may not be preferred in the long-term.
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3. XYZ Corp's transactions for the month of October included purchase of $5,000 inventory (on October 2) on account; collection of $1,000 Accounts Receivables; purchase of $6,000 furniture paying half in cash with the balance on account; and payment of $3,500 at the end of October towards the balance owed for the October 2 inventory purchase. On October 22, XYZ also paid the $7,100 balance of an amount owed from September's inventory purchases. If the October 1 balance in the Accounts Payable account was $4,700, what is the balance in Accounts Payable at the end of October? Sketch the T-account, and clearly write the October 31 final balance, on the debit OR credit side. (Sketch only one T-account.)
a) If the October 1 balance in the Accounts Payable account was $4,700, the balance in the Accounts Payable at the end of October was $2,100.
b) The T-account for the Accounts Payable account appears as follows:
T-Account:Accounts PayableDate Account Titles Debit Credit
Oct. 1 Beginning balance $4,700
Oct. 2 Inventory 5,000
Oct. 2 Furniture 3,000
Oct. 30 Cash $3,500
Oct. 22 Cash 7,100
Oct. 31 Ending balance $2,100
Total $12,700 $12,700
Nov. 1 Beginning balance $2,100
What is a T-account?A T-account is an account that shows the debit and credit sides using the double-entry bookkeeping system.
For the Accounts Payable, the T-account normally shows a credit balance because it is a liability account.
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You are an outside project management professional who has been hired by Mainstreet to lead its new Wingra Point Live Work development. You are given an approved vendor list and access to the shared drive containing project templates. You are also introduced to the company’s standard processes and procedures and the submission and approval protocols. What type of project inputs do these elements represent? Project collateral Operational Process Assets (OPAs) EEFs Enterprise assets
These elements represent organizational process assets, which are documents, reports, and plans that are developed within an organization and used to guide project decisions and activities.
What type of project inputs do these elements represent?Generally, Project management is the process of leading a team to achieve specific goals and objectives within a defined timeline and budget. It involves defining project scope, setting goals and milestones, identifying tasks and responsibilities, tracking progress, and making adjustments as needed to ensure successful completion. Key skills in project management include leadership, organization, communication, problem-solving, and time management.
These assets include policies, procedures, guidelines, templates, and historical information that can be used to inform project management decisions and activities.
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Choose the answer.
Patrice is about to post a message on social media on behalf of her company. What is an important question she should ask herself before posting this message to ensure it is ethically appropriate to share?
Question 2 options:
Will at least 50 percent of the public like the message?
Have I stated the facts accurately?
Did I create a post that will likely go viral?
Will most of our followers repost this message?
Question 3
Choose the answer.
Don is a textbook salesperson and is preparing a pitch for college instructors to encourage them to adopt one of the textbooks he is selling. During his pitch, he brags that his company's textbooks are all written by highly educated men, unlike those of their competitors. After the pitch, his supervisor takes him aside and explains how his presentation was unethical. In what way was it wrong?
Question 3 options:
The information could be considered coercive.
Sharing the information violated the privacy of the authors.
Sharing the information is illegal.
The information presents an unfair bias against women authors.
Question 4
Choose the answer.
Tonya is applying for a promotion and has asked her boss, Blake, to write a letter of recommendation for her. Blake writes a letter in which he explains in detail that Tonya has suffered from major health problems in the last year but has not let her work suffer because of it. What ethical mistake has Blake made?
Question 4 options:
story was not factually accurate
bias against people with health problems
plagiarism
violation of Tonya's privacy
Question 5
Choose the answer.
Michael is always oversharing personal information on social media sites. According to psychologist Sandi Mann, what is one of the main reasons people overshare online?
Question 5 options:
greed
boredom
concern for others
high self-esteem
Answer: b b c b in that order
Explanation:
The questions revolve around ethical considerations in various scenarios, particularly with respect to social media and communication in a professional context. The key consideration in these instances is to ensure accuracy, avoid bias, respect privacy, and regulate appropriate sharing.
Explanation:In answering the posed questions. For Question 2, before posting a message on social media on behalf of her company, Patrice should ask herself, 'Have I stated the facts accurately?'. This is because it's crucial to ensure information consistency and credibility in a corporate setting. For Question 3, Don's unethical act during his pitch was that 'The information presents an unfair bias against women authors'. It is important not to make discriminatory or biased comments in a professional setting. Answering Question 4, The ethical mistake Blake made is the 'Violation of Tonya's privacy'. Personal health information should always be kept confidential unless the owner gives permission to share it. Lastly, for Question 5, the main reason, according to psychologist Sandi Mann, that people like Michael overshare online is 'Boredom'.
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How would you describe China's economy prior to the market-based reforms of the 1980s and 1990s. This system failed to deliver rising living standards to the bulk of China's population. Why?
China had a planned economy prior to the business reforms of the 1980s and 1990s, which were characterized by state ownership of the equipment of production and centralized control over financial decision.
How would you describe China's economy prior to the market-based reforms of the 1980s and 1990s.China had a planned economy prior to the business reforms of the 1980s and 1990s, which were characterised by state ownership of the equipment of production and centralised control over financial decision. Because of its flaws and shortages, this system was unable to provide rising living conditions to the majority of China's population. Low productivity and poor technological advancement were caused by a lack of market incentives and competition, and rampant corruption and resource misallocation were caused by a focus on meeting centralised production targets. The government was unable to effectively predict supply and demand due to the lack of a working price system, which resulted in ongoing shortages and the rationing of products.
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1. Assume you are given the following information about an economy
Combinations Capital goods (‘000) Consumer goods (‘000)
A 60 0
B 50 1
C 30 2
D 0 3
a) Draw the PPF. (capital goods on the Y axis and Consumer goods on the X axis).
b) Explain why the PPF is concave
c) Suppose the economy moves from point B to point C, what is the opportunity cost of doing so?
2. Given the demand for housing, describe the effect of each of the following in terms of whether it would increase or decrease the quantity demanded or the demand for housing. Indicate whether the effect of each of the following is an upward or downward movement along a given demand curve or involves an outward or inward shift in the relevant demand curve for housing. Explain your answers.
a) An increase in housing prices
b) A fall in interest rates
c) A rise in interest rates
d) A severe economic recession
e) A robust economic expansion
3. Describe THREE factors which could cause an upward shift in the supply curve for a product.
4. The demand for Good X is 300 units when its price is £4. Assume that as a result of a price fall, the demand for the good increases to 400 units and the sales revenue falls by £400.
a) Calculate the price of Good X after the fall.
b) Calculate the price elasticity of demand with respect to the fall in its price.
c) State whether elasticity will change with a downward movement along a linear demand curve.
d) Assume that the cross-price elasticity of demand for Good Y which is a complement to Good X is −1.5.
e) Calculate the proportionate change in the demand for Good Y as a result of the fall in price of Good X.
Answer:
1a) The PPF for this economy would be a concave curve, as can be seen in the graph below. The PPF shows the maximum combinations of capital and consumer goods that can be produced in the economy. 1b) The PPF is concave because of the law of increasing opportunity cost. As more of one good is produced, the opportunity cost of producing the other good increases. 1c) The opportunity cost of moving from point B to point C is the loss of 1 unit of capital goods. 2a) An increase in housing prices would cause an upward shift in the demand curve for housing, as consumers would be willing to pay more for housing. 2b) A fall in interest rates would cause an outward shift in the demand curve for housing, as it would become cheaper to borrow money for housing. 2c) A rise in interest rates would cause an inward shift in the demand curve for housing, as it would become more expensive to borrow money for housing. 2d) A severe economic recession would cause an inward shift in the demand curve for housing, as people would have less money to spend on housing. 2e) A robust
Explanation:
PLEASE HELP 25 POINTS!!! Which of the following changes can take place in the long run?
A.) Technology
B.) machinery
C.) labor force
Answer:
In the long run, all of these changes can take place. Technology, machinery, and the labor force can all be adapted and adjusted to meet the needs of the economy. Technology can be improved and updated, new machinery can be introduced, and the labor force can be shifted to focus on different industries.
Answer: All of these can be changed in the long run.
Explanation:
Trevor is watching his boss lead a meeting. He is paying close attention to his boss's nonverbal communication and notices several micro expressions. What is most likely to be one of the micro expressions he observes?
Question 1 options:
Her voice is staying very monotone.
Her fingers are pointing to the details in her slides.
Her mouth is quivering slightly.
Her arms are crossed tightly across her chest.
Question 2 (2 points)
Choose the answer.
Frank's business partner, Jamie, gave him a half-smile and said, "You can count on me. I'll pay you back." How would a nonverbal communication expert interpret this message?
Question 2 options:
Jamie is stressed that he has to pay Frank back.
Jamie is mad that he has to pay Frank back.
Jamie is sure he will pay Frank back.
Jamie isn't certain he can pay Frank back.
Question 3 (2 points)
Choose the answer.
Beatrice has a high level of emotional intelligence. What is most likely true about Beatrice?
Question 3 options:
She can recognize other people's emotional states but not her own.
She can recognize other people's and her own emotional states.
She cannot regularly recognize anyone's emotional state.
She can recognize her own emotional states but not those of others.
Question 4 (2 points)
Choose the answer.
Curt is using power poses in his daily routine. What does this action usually include?
Question 4 options:
He practices stances in the bathroom before he enters the boardroom.
He stands in front of his colleagues with his hands on his hips.
He raises his arms in the air whenever he ends his presentations.
He high fives everyone in the room whenever he enters.
Question 5 (2 points)
Choose the answer.
Jasmine is working on a technique known as mirroring. When her boss leans in to tell Jasmine a story, how should Jasmine respond?
Question 5 options:
She should stare at her reflection in a window.
She should reveal a half-smile.
She should lean toward her boss.
She should lean back from her boss.
Question 1: Her mouth is quivering slightly.
Question 2: Jamie isn't certain he can pay Frank back.
Question 3: She can recognize other people's and her own emotional states.
Question 4: He stands in front of his colleagues with his hands on his hips.
Question 5: She should lean toward her boss.
What is emotion?Emotion is a complex psychological state that involves feelings, thoughts, and physiological responses to a particular stimulus. It can range from positive emotions like happiness, love, and excitement, to negative emotions such as anger, fear, and sadness. Emotions play an important role in shaping an individual's behavior, relationships, and decision-making.
Decision-making is the process of identifying and choosing among alternative courses of action. It involves evaluating the various options available and selecting the most suitable one based on a set of criteria and constraints. Good decision-making requires a combination of sound reasoning, effective problem-solving, and the ability to weigh potential outcomes and risks.
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Patrice is about to post a message on social media on behalf of her company. What is an important question she should ask herself before posting this message to ensure it is ethically appropriate to share?
Question 2 options:
Will at least 50 percent of the public like the message?
Have I stated the facts accurately?
Did I create a post that will likely go viral?
Will most of our followers repost this message?
If Patrice is about to post a message on social media on behalf of her company. An important question she should ask herself before posting this message to ensure it is ethically appropriate to share is; B. Have I stated the facts accurately.
What is ethics?Ethics can be defined as the principle that help to us to know the right behavior that we should be adopt and the wrong we should avoid.
This implies that it help to deals with questions about the right behavior we display and the wrong behavior , and as well help to sets standards for behavior that individuals and organizations should strive to follow in order to be considered ethical.
Therefore the correct option is B.
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