If the current price of a pound of chicken is $3 per pound and the equilibrium price is $6 per pound what takes place is: a) There is a shortage , so the price rises and quantity demanded decreases.
The current price of $3 per pound is lesser that the equilibrium price of $6 per pound which means that their is shortage.
The shortage indicate that their is increase in demand in the market because the quantity demanded is higher than the quantity supplied.
Therefore the rise in price of goods and services will lead to decrease in the quantity demanded of such goods or product.
Inconclusion what takes place is: a) There is a shortage , so the price rises and quantity demanded decreases.
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Which of the following best describes the adjustment to long-run equilibrium if an economy's short-run equilibrium output is below potential output? A. Since unemployment is less than its natural rate, there will be excessive tightness in the labor market and, consequently, pressure on firms to raise their prices at a more rapid rate. This acceleration of inflation shifts the short-run aggregate supply curve up, pushing the economy's output down toward its potential output. B. Since unemployment is less than its natural rate, there will be excess slack in the labor market and, consequently, pressure on firms to raise their prices at a less rapid rate. This deceleration of inflation shifts the short-run aggregate supply curve up, pushing the economy's output up toward potential output. C. Since unemployment is greater than its natural rate, there will be excess slack in the labor market and, consequently, pressure on firms to raise their prices at a less rapid rate. This deceleration of inflation shifts the short-run aggregate supply curve down, pushing the economy's output up toward potential output. D. Since unemployment is greater than its natural rate, there will be excess slack in the labor market and, consequently, pressure on firms to raise their prices at a less rapid rate. This deceleration of inflation shifts the short-run aggregate supply curve down, pushing the economy's potential output down toward its short-run output.
In a situation where the short-run equilibrium output is below potential output in an economy, the adjustment will be B. Since unemployment is less than its natural rate, there will be excess slack in the labor market and, consequently, pressure on firms to raise their prices at a less rapid rate. This deceleration of inflation shifts the short-run aggregate supply curve up, pushing the economy's output up toward potential output.
In the long run equilibrium, the aggregate supply and aggregate demand are equal.
In a situation where unemployment is less than its natural rate, this will lead to excess slack in the labor market and pressure will be on firms to raise their prices at a less rapid rate.
This deceleration of inflation will then brings about the short-run aggregate supply curve up and this ultimately, pushes the economy's output up toward potential output.
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Using your understanding of how conflict occurs, complete the sentence.
The two managers often engaged in ______________________; in today’s meeting, they had a spirited debate over the project’s optimal workflow, and their disagreement ultimately led to a creative solution.
a. relationship conflict
b. groupthink
c. task conflict
Answer:
c. task conflict
Explanation:
The two managers often engaged in task conflict; in today’s meeting, they had a spirited debate over the project’s optimal workflow, and their disagreement ultimately led to a creative solution.
While cultural differences should always be considered, which industry should be especially aware of traditions when trying to enter a foreign market
Countries of the world have different cultures. The food industry should be aware of traditions when trying to enter a foreign market.
A food industry entering a foreign market must take note of the traditions, customs and food that is consumed in that place.
There are different factor to consider when entering a foreign market. The
factors are;
Gross Domestic ProductUnemployment Rate InflationThe influence of culture on international marketing is very great. A marketer have to take a good study about the local culture thoroughly before offering a product to them.
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Hudson Company reports the following contribution margin income statement.
HUDSON COMPANY
Contribution Margin Income Statement
For Year Ended December 31
Sales (10,000 units at $300 each) $ 3,000,000
Variable costs (10,000 units at $240 each) 2,400,000
Contribution margin 600,000
Fixed costs 420,000
Income $ 180,000
1. Compute break-even point in units.
2. Compute break-even point in sales dollars.
Hudson Company's break-even point in units and sales dollars = 7,000 units and $2,100,000, respectively.
Data and Calculations:
HUDSON COMPANY
Contribution Margin Income Statement
For Year Ended December 31 Total Per Unit
Sales (10,000 units at $300 each) = $ 3,000,000 $300 (as given)
Variable costs (10,000 units at $240 each) 2,400,000 $240 ($2.4 m /10,000)
Contribution margin 600,000 $60 ($300 - $240)
Fixed costs 420,000
Income $ 180,000
Contribution margin ratio = 20% ($60/$300 x 100)
1. Break-even point in units = Fixed costs/Contribution margin per unit
= $420,000/$60
= 7,000 units
2. Break-even point in sales dollars = Fixed costs/Contribution margin ratio
= $420,000/20%
= $2,100,000
Thus, the break-even point in units and sales dollars = 7,000 units and $2,100,000, respectively.
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Bramble University sells 3,500 season basketball tickets at $80 each for its 10-game home schedule. Bramble considers revenue to be earned proportionately as each game is played, regardless of how many ticket-holders attend the game. For the journal entries below, use the following account abbreviations: REV
If Bramble earned proportionately as each game is played, the appropriate journal entry are:
Based on the information given if the university sells 3,500 season basketball tickets at $80 each game, the appropriate journal entry to record the transaction is:
Bramble University journal entry
Debit Cash $280,000
Credit Unearned ticket revenue $280,000
(3,500 x $80 =$280,000)
(To record sales of ticket)
Debit Unearned ticket revenue $28,000
Credit Ticket revenue $28,000
(3,500 x $80)/10=$28,000)
(To record revenue recognized)
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Homework help
The acronym used for the process of setting goals is..
O ACHIEVE
O OUTCOME
O GOAL
O SMART
Answer:
SMART
Explanation:
hope this helps and is right!! p.s. i really need brainliest :)
Most retirees spend roughly half of their budget
on
A.living expenses
B. New hobbies
C.travel
D.children and grandchildren
Answer:
A.Living expenses.
Explanation:
wag mag mura kung mali
Answer:
a
Explanation:
living expenses
PLEASE I NEED HELP!
Correct answers only and no links please:)
Explain the term 'Social enterprise'. State the differences between the objectives of Social enterprises and Business enterprises
Answer:
Social entrepreneurs seek innovative ways and operate to drive change, whereas social enterprises form to fulfill a business purpose and solve societal needs through their commercial activities.
what is most likely true of a formulaic story
Answer:
It closely follows Freytag's pyramid
Explanation:
Which is a correct statement about common types of test questions? O There is little difference in how these types of questions should be approached. Most can be approached by determining relationships between sets of ideas. Most can be approached by determining whether an idea or fact is accurate. Each type of question should be approached with a specific strategy.
Answer: it’s C
Trust Me
Answer:
D ( Each type of question should be approached with a specific strategy).
Explanation:
Have an amazing day/night!! <33
God Bless All <33
A(n) _____ is an arrangement where workers who don't join a union must make payments equal to union dues and fees to get union representation services.
Workers who don't join a union must make payments equal to union dues and fees to get union representation services in an agency shop
A(n) agency shop is an arrangement where workers who don't join a union must make payments equal to union dues and fees to get union representation services.Agency is a business relationship in which a principal gives a legal right to an agent to act on his behalf. The agent acts on behalf of the principal when dealing with a third party.
Therefore, workers who don't join union in an agency shop must pay equal union dues and fees.
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Suppose that you are evaluating the option of increasing the advertising exposure by using an alternative medium. If you invest $2 million towards this, % exposed will increase from 75% to 80%. Your total market comprises of 5 million customers. Assuming that everything else would remain unaltered after this change and that each customer buys one unit only. What will be the effect of the change on unit sales?
A. 41,202 more units sold.
B. 14,715 less units sold.
C. 14,715 more units sold.
D. 41,202 less units sold.
E. 220,725 units.
At the beginning of 2020, Gothic Architecture has issued1,200 shares of 6%, $50 par value cumulative preferred stock. All remaining shares are common stock. Gothic Architecture did not pay dividends in 2020 or 2021. Gothic plans to pay total dividends of $12,000 in 2022. How much of the $12,000 dividend will be paid to preferred stockholders and how much will be paid to common stockholders
The Preferred Stockholders of Gothic Architecture will be paid $10,800 ($3,600 x 3), while the Common Stockholders get $1,200.
Data and Calculations:
1,200 shares, 6% Cumulative Preferred Stock at $50 par value = $60,000
Dividends in 2020 = $0
Dividends in 2021 = $0
Dividends in 2022 = $12,000
Preferred dividends = $10,800 ($60,000 x 6%) x 3)
Common stock dividends = $1,200 ($12,000 - $10,800)
Thus, the Preferred Stockholders will be paid arrears of $7,200 ($3,600 x 2) and $3,600 for the current year, while the Common Stockholders will only get $1,200 ($12,000 - $10,800).
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One reason why the coffeehouse market is competitive is that A. it is trendy and therefore is likely to have a customer following. B. demand for coffee is very high. C. barriers to entry are low. D. consumption takes place in public.
The likely reason why the coffee house market is described as competitive is because: C. barriers to entry are low.
Characteristics of competitive market?A competitive market is a market structure having the following characteristics:
There are many producers and consumer.A single producer nor consumer cannot dictate the market.Goods and services do not vary between producers (Homogenous products).Free entry and exit (no entry barrier).Thus, coffee house is an example of competitive market.
there are many coffee houses and many buyers of coffee. Coffee produced can be said to be homogenous. More so, there is no stiff standards preventing people from venturing into coffee business.
Therefore, the likely reason why the coffee house market is described as competitive is because: C. barriers to entry are low.
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what advice is given by tom peters in the article customer first? analyse and summarize.
Answer:
which article?
Explanation:
A(n) ________ is a coherent set of interdependent processes and structures that dictates how the company searches for novel problems and solutions, synthesizes ideas into a business concept and product designs, and selects which projects get funded. innovation system organizational development human resource inventory organizational behavior
Based on business analysis, an innovation system is a coherent set of interdependent processes and structures that dictates how the company searches for novel problems and solutions.
Innovative systems generally synthesize ideas into a business concept and product designs and select which projects get funded.
Innovation system usually involves significant components such as the following:
Information, TechnologyPeople, Enterprises, InstitutionsInnovation system. Generally used to facilitate and assist innovation to the success stage.
Hence, in this case, it is concluded that the correct answer is "innovation systems."
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The increased demand for hair and skin care products with Argan oil illustrates how new product ideas can come from unexpected sources.
It is true that the increased demand for the products made with Argan oil shows how new product ideas can come from unexpected sources.
Basically, the Argan oil is derived from the kernels of argan tree.
Different brainstorm of new idea of product by beauty and skin care lead to the invention of use of the Kernel for extraction of the Argan OIl.
It is very fortunate that the organic product seems likable by consumers, thus, leading to increased demand for product made from the Argan OIl.
Therefore, in conclusion, it true that the increased demand for the products made with Argan oil shows how new product ideas can come from unexpected sources.
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Psychographic segmentation of Starbucks
Answer:
One of the main marketing strategies a company like Starbucks employs is psychographic segmentation. Psychographic segmentation consists of dividing consumers from a market into groups based on social class, ... 34). This kind of strategy allows for appropriate allocation of resources proper adjustment of marketing mix
Explanation:
PA BRAINLIEST
Use your knowledge of what drives employee performance to complete the sentence.
1. Ann’s speech segment represents _________________.
a. feedback
b. a channel
c. a message
2. Nanci’s thought represents __________________.
a. feedback
b. decoding
c. encoding
3. In this conversation, verbal speech is the ___________________.
a. resonator
b. channel
c. noise
Answer: 1. C, 2. B, 3. C
How does the opportunity cost principle explain the relationship between the real interest rate and investment spending?
As the interest rate rises,
the more spending businesses want to do.
the less attractive it is to leave money in the bank instead of spending on investments.
the more attractive it is to leave money in the bank instead of spending on investments.
it has no effect on investment spending. If firms need to expand, they will invest regardless of the interest rate.
b. The investment line is
because of the relationship between real interest rates and investment
spending
perfectly elastic
vertical
upward-sloping
downward-sloping
The opportunity cost illustrates the relationship that exists between them because as the interest rate rises, the more attractive it is to leave money in the bank instead of spending on investments.
The investment line is downward sloping because of the relationship between real interest rates and investment spending.
Opportunity cost simply means what one foregoes in order to get something else. It should be noted that when there's an increase in the interest rate, this will lead, the cost of borrowing will be high. Therefore, there'll be a reduction in investment.
Therefore, there's a negative relationship between interest rate and investment spending. This then leads to a downward-sloping curve.
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As opposed to running for office, careers in
government administration are what kind of
positions?
A. permanent
B. freelance
C. contract
Answer:
I think its freelance .
Answer:
The answer would be B. freelance
Explanation:
I got it right on my test; Edmentum
If company managers decide to set the export price for a particular product at an amount equivalent to the home-country price, they would be using which approach to pricing
Answer:
ethnocentric.
Explanation:
Passed this test already.
Is L. Gore a mechanistic or an organic organization? Support your answer with examples from the case?
Both individual and organizational goals are in sync with an organic organizational structure. L. Gore is an organic organization.
What is the distinction between organic and mechanistic thinking?Both individual and organizational goals are in sync with an organic organizational structure. Each employee in a mechanistic organizational system is assigned to only one task. Employees can be assigned to diverse tasks in an organic organizational structure.
W. L. Gore employs approximately 10,000 people and generates over $3 billion in yearly revenue, although the company has an unusually organic organizational structure, as previously mentioned. Employees have no supervisors, work in teams, and frequently develop jobs for themselves to address functional roles in the organization.
Therefore, the above explanation aptly describes the statement.
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When you are saving money you are: A:gathering B:cutting back C:discounting D:accumulating
Answer:
accumulating?
Explanation:
At the end of the first pay period of the year, Sofia earned $6,000 of salary. Withholdings from Sofia’s salary include FICA Social Security taxes at the rate of 6.2%, FICA Medicare taxes at the rate of 1.45%, $540 of federal income taxes, $200 of medical insurance deductions, and $50 of life insurance deductions. Compute Sofia’s net pay for this first pay period. (Round your intermediate and final answers to 2 decimal places.)
A withholding tax is the amount remitted on the employees behalf by the employer.
When the salary or payroll is computed then that amount is deducted from the earned salary which gives the net salary.
Sofia’s net pay $ 4751
Sofia earned salary of $6,000
Less
FICA Social Security taxes =6.2% ×$6,000= $372
FICA Medicare taxes= 1.45% ×$6,000 = $87 ,
Federal income taxes, $540
Medical insurance deductions $200,
Life insurance deductions $50
Total Deductions: $1075
Sofia’s net pay $ 4751
The FICA , Social Security ,Federal or other taxes are deducted by the government which benefit the citizen in older age or any other difficult circumstances.
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The charter of a corporation provides for the issuance of 100,000 shares of common stock. Assume that 45,000 shares were originally issued and 5,000 were subsequently reacquired. What is the amount of cash dividends to be paid if a $2 per share dividend is declared
The amount of cash dividends to be paid if a $2 per share dividend is declared is $80,000
Total number of shares issued
= 45,000
Shares reacquired
= 5,000
Total number of outstanding shares
= 45,000 - 5,000
= 40,000
Then,
Cash dividends to be paid
= Total number of outstanding shares * Share dividend declared
= 40,000 * $2
= $80,000
Therefore, the amount of cash dividends to be paid if a $2 per share dividend is declared is $80,000
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TB MC Qu. 24-110 Alfarsi Industries uses the net present value... Alfarsi Industries uses the net present value method to make investment decisions and requires a 15% annual return on all investments. The company is considering two different investments. Each require an initial investment of $15,800 and will produce cash flows as follows: End of Year Investment A B 1 $ 8,800 $ 0 2 8,800 0 3 8,800 26,400 The present value factors of $1 each year at 15% are: 1 0.8696 2 0.7561 3 0.6575 The present value of an annuity of $1 for 3 years at 15% is 2.2832 The net present value of Investment A is: _________
a) $(15,800).
b) $(20,093).
c) $10,600.
d) $4,292.
e) $17,358
Answer:
5x+1
Explanation:
Company cost of capital Quark Productions ("Give your loved one a quark today.") uses its company cost of capital to evaluate all projects. Will it underestimate or overestimate the value of high-risk projects?
Quark Productions is more likely to overestimate the value of high-risk projects using its company's cost of capital unless it is using the weighted cost of capital.
The company's cost of capital should change to reflect the high-risk nature of each project. Again, the estimation of high-risk projects does not work with a single figure (cost of capital). Quark Production should evaluate high-risk projects separately, using reflective costs of capital.
Thus, if Quark Productions uses a single company's cost of capital to evaluate all projects, there will be an overestimation of the values of the high-risk projects.
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On January 1, 2021, the Marjlee Company began construction of an office building to be used as its corporate headquarters. The building was completed early in 2022. Construction expenditures for 2021, which were incurred evenly throughout the year, totaled $9,600,000. Marjlee had the following debt obligations which were outstanding during all of 2021:
Construction loan, 9% $2,400,000
Long-term note, 8% 3,200,000
Long-term note, 5% 6,400,000
Required:
Calculate the amount of interest capitalized in 2021 for the building using the specific interest method.
The amount of interest capitalized in 2021 for the building using the specific interest method is $360000.
The first thing to do is to calculate the average cost of borrowing which will be:
= ($3200000 × 8%) + ($6400000 × 5%) / $9,600,000
= ($256000 + $320000) / $9600000
= $576000 / $9600000
= 0.06 = 6%
The average expenditure during the year will be:
= $9600000/2.
= $4800000
The capitalized Interest will be:
= 9% × $2400000
= $216000.
Then, the capitalized Interest for the borrowing will be:
= 6% × $2400000
= $144000
The total capitalized Interest will be:
= $216000 + $144000
= $360,000
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$14,000 is invested in an account that earns 3% interest per year. When does the balance reach $19,379.27
Answer: 12 and a half month
Explanation:
Because 14,000 on a 3 percent interest per year; 3 percent of 14000 is 420 so think about it, when it goes to 19,379.27 it will take about 12 years along with the interests so about 12 and a half month.