What is a budget is a plan of action expressed in Mcq?

The marginal product refers to the additional output created as a result of additional input placed into the firm.

The marginal product is also known as marginal physical product or MPP. In other words, we can take the example of a donut shop or a firm. The additional units of donuts created at a donut shop after its owner decides to hire extra employ will be referred to as the marginal product. As a business grows, the increased input is tend to produce slower rates  of increased total product and as a result marginal product tends to reduce but it remains positive. Similarly the same business will reach a point where increasing the input will actually decrease the total output . At this point, the marginal productivity tends to become negative. This marginal product is calculated by the following formula:

marginal product = change in the firm's change in output/ change in quantity of output produced

learn more about marginal product here:

https://brainly.com/question/13117735

#SPJ4

The ordered pair (2,1) is a solution of the system of linear equations.

To determine whether the ordered pair (x, y) is a solution of the system of linear equations:

6x - 3y = 18

2xy = 7

We can substitute the values of x and y from the ordered pair into the equations and see if they make the equations true.

For example, if the ordered pair is (2,1) we can substitute these values into the equations:

6(2) - 3(1) = 18

2(2)(1) = 7

If both equations are true, then the ordered pair is a solution of the system of linear equations. If either equation is false, then the ordered pair is not a solution of the system of linear equations.

In this case,

6(2) - 3(1) = 18 is true

2(2)(1) = 7 is true

So, the ordered pair (2,1) is a solution of the system of linear equations.

Know more about ordered pair (x, y) is a solution of the system of linear equations - https://brainly.com/question/14107548

#SPJ4

The Accountants at Ernst & Young are the contingent workers.

People who report that their jobs are transient or who do not expect their jobs to stay long are known as contingent workers. There is neither an implied nor an explicit contract for their continued employment. People who do not anticipate their employment to continue due to personal circumstances, such as retirement or resuming education, are not regarded as contingent workers. An illustration could make the idea of dependent labour more understandable: To create decorations for her town's centennial celebration, a local business recruited Kaya. After the party, she won't be required for another two months. Due to her lack of expectation that her employment will continue after the event, Kaya is a contingent worker.

To learn about contingent workers, visit:

https://brainly.com/question/16346416

#SPJ4

Huey Long's "Share Our Wealth" movement was a political program aimed at redistributing wealth in the United States during the Great Depression.

The main goal of Huey Long's "Share Our Wealth" movement was to provide a minimum standard of living for all Americans by limiting the wealth of the rich and creating jobs for the unemployed. The program proposed a number of measures, including a 100% tax on income over $1 million, a guaranteed annual income for all families, and the creation of jobs through public works projects. The movement gained significant support in the 1930s, but ultimately failed to achieve its goals. Long was assassinated in 1935 before the movement could fully take effect.

To learn more about Huey Long visit: brainly.com/question/20386980

#SPJ4

However, lobbying can also lead to undue influence, unfair competition and regulatory capture to the detriment of the public interest and effective public policies. A sound framework for transparency in lobbying is therefore crucial to safeguard the integrity of the public decision-making process.

To learn more about lobbying refer to:

https://brainly.com/question/29613008

#SPJ4

The scope of practice for board license is limited to beautification - True.

To learn more about license refer to:

https://brainly.com/question/26006107

#SPJ4

The yield to call of the bond at 6.75% is of 3.26% at call value of $929.

Yield to call (YTC) is a term used in finance to describe the return a bondholder will earn if they stay onto the bond until the call date, which happens before it matures. The compound interest rate at which the present value of a bond's future coupon payments and call price equals the bond's current market price may be used to compute this figure.

Callable bonds, a type of financial instrument that enables bond holders to redeem their bonds at a price known as the call price on a date known as the call date, or the bond issuer to repurchase the bonds, are subject to yield to call. By definition, a bond's call date comes before its maturity date in time.

To learn more about bonds visit:

https://brainly.com/question/29666251

#SPJ4

A monopsonist is a single buyer of goods or services in a market. This allows them to have a large degree of control over the prices they pay for the goods or services they purchase, which includes the wages paid to their workers.

In comparison to a purely competitive firm, a monopsonist will pay lower wages, but hire fewer workers than the purely competitive firm. This is because the monopsonist has the power to set the wage rate, and can pay workers less than the market rate.

Because it pays lower wages, the monopsonist will be able to reduce its labor costs and ultimately increase its profits. The monopsonist's lower wages also reduce the labor supply, as fewer workers will be willing to accept the lower wages.

This further reduces the cost of labor for the monopsonist and increases their profits. In conclusion, compared to a purely competitive firm, a monopsonist will pay lower wages and hire fewer workers than a purely competitive firm.

Learn more about monopsonist:

https://brainly.com/question/27995462

#SPJ4

A company's competitive strategy deals exclusively with the specifics of management's game plan for competing successfully.

A corporate structure that has a separate legal identity from its owners is a company. Due to additional reporting requirements and more serious legal obligations, it is a complex corporate structure with greater setup and administrative costs.

The best way to think of a corporation is as a group of people carrying on business. A company must by definition include numerous persons having ownership stakes in the organization, even though a business might conceivably be managed by a single person.

To know more about Company visit:

brainly.com/question/29354835

#SPJ4

By eliminating waste and pointless processes, work study helps the company increase its production efficiency (productivity). By looking at every component that could effect the work, this technique can help find non-value-adding procedures.

What do you mean by work study?

In order to evaluate people's work and identify the variables that affect efficiency, two groups of techniques—method study and work measurement—are combined to create work study.

                   The goal of work study is often to boost output using already available resources with little to no additional capital investment.

Why is it referred to as work-study?

It may seem obvious to define "work-study": It's a program created to aid students in finding employment. These part-time jobs are a valuable source of cash for students, many of whom struggle to pay for basic requirements.

Learn more about Work study

brainly.com/question/14390284

#SPJ4

A strategy for managing your resources that is efficient and ultimately works in your best interests is a must for being financially responsible. Saving money to safeguard your assets is a key component of sound money management.

Purchasing a home, relocating to a new city, traveling, taking up a new interest, establishing a new business, giving money, quitting your job, taking a work sabbatical, and other perks are just a few of the many things that Financial Independence may help you do.

Given that the financial sector facilitates the majority of transactions in the actual economy, financial stability is essential for economic growth. In times of financial instability, when it is absent, the full worth of financial stability is best demonstrated.

To learn more about financially responsible

https://brainly.com/question/29971812

#SPJ4

Because the federal courts only have limited jurisdiction, they can only consider cases that fall under federal law or the United States Constitution.

The required details for federal courts in given paragraph

Geographically, where can Wilson properly file and sue XYZ?

Wilson appears to be able to pursue his case in New Jersey, where the offices of the defendant's owners are located.

Depending on how well written the current long gun law is and whether constitutional principles of due process are followed, Wilson may be able to pursue the case in his home state of Illinois. functioning of the statutes of the long arm.

Does Wilson need to pursue his case in state court or does he have the option to sue in federal court?

Wilson would not sue in state court alone. Would he have the right to sue in federal court, a court of competent jurisdiction in the District of New Jersey or a court of competent jurisdiction in the District of Illinois see Discussion of personal jurisdiction of and application and application of long-arm statutes. The reason a federal court would be an option for Wilson is that it would meet the diversity requirements of civil jurisdiction (one of the forms of subject matter jurisdiction in a federal court). Wilson and XYZ are parties to different states and the dispute exceeds $75,000.

See an overview of the chapter on the diversity of jurisdictions.

Assuming Wilson takes the case to state court, what strategic option does XYZ have if it takes immediate action?

Assuming Wilson asks him to file a lawsuit in state court, XYZ has the option to take the case to federal court if XYZ takes prompt action. XYZ has the right to withdraw the case because it would be a case of concurrent jurisdiction - a case that was successfully brought in state court but could have been brought in federal court.

See section on concurrent jurisdiction and right of withdrawal.

To know about federal courts click here

https://brainly.com/question/25947870

#SPJ4

 A project with an initial cost of $65,550 and projected annual cash flows of $17,900 has an internal rate of return of 16.23%.

Internal rate of return or known as IRR is a project evaluation method to measure a project's profitability based on the time value of money concept. IRR refers to a discount rate of a project that could make its net present value (NPV) equals to zero (0).

IRR can be calculated through the same approach with NPV. IRR can be calculated using NPV formula:

NPV = T∑(t=1) [tex]\frac{Ct}{(1+IRR)^t} - C_{0}[/tex] = 0

where:

Ct = net cash inflow during the t period

IRR = Internal rate of return

C0 = initial investment

t = time of period

From the case, we know that:

C0 = $65,550

Ct = $17,900

t = 6 years

IRR = ?

Using the NPV formula, the IRR to make NPV of the project equals to 0 (zero) is:

NPV = T∑(t=1) [tex]\frac{Ct}{(1+IRR)^t} - C_{0}[/tex] = 0

0 = T∑(t=1) [tex]\frac{17,990}{(1+IRR)^6}-65,550[/tex]

IRR = 16,23%

IRR can also be calculated using excel formula by making the table of cash inflow for the given period and using IRR formula, which is: "=IRR(values,[guess])".

Learn more about Internal Rate of Return here: brainly.com/question/19756676

#SPJ4

If economic globalisation is inevitable, it should primarily serve humanity rather than the interests of trans-national corporations. [AGREE].

Of course, in economic interests, humanity is a priority focus, where equity is important to maintain overall economic stability.

Economic Globalization is the increasing integration of the economy and the interdependence of national, regional and local economies around the world through the intensification of the movement of goods, services, technology and capital across borders.

If globalization is a series of processes involving various nets of economic, political, and cultural exchanges, contemporary economic globalization is driven by the rapid growth of information in all types of activities  production and marketing and developments of science and technology.

Economic globalization consists of globalization of production and finance, markets and technology, organizational regimes and institutions, companies and workforce. Although economic globalization has expanded since the emergence of trade between countries, its growth has increased dramatically in the last 20–30 years thanks to the framework of the General Tariff and Trade Agreement and the World Trade Organization. All countries are slowly removing barriers to trade and opening current accounts and capital accounts.

The modern economic boom is caused by the integration of developed countries with developing countries through foreign direct investment, reduction of trade barriers, and cross-border immigration.

When globalization radically raises income and economic growth in developing countries and lowers prices of goods in developed countries, globalization also changes the balance of power between developed and developing countries and has an impact on the culture of countries involved in globalization. Changes in the location of production of goods cause many jobs to move to other countries so that workers in developed countries are forced to change careers.

Learn more about Economic Globalization at https://brainly.com/question/29431752.

#SPJ4

Sustainable materials include lumber, reeds, brick, palm, bio-plastics, alloy steels, upcycled, and stalks.

Sustainable materials are those employed in our consumer and industrial economies that can be produced in sufficient quantities without depleting nonrenewable resources or upsetting the environment's and critical natural resource systems' established steady-state balance. Such materials can range from bio-based polymers formed from polysaccharides to highly recyclable materials like glass that can be reused indefinitely without requiring new mineral resources. The center's goal is to understand the fundamental science behind new forms of sustainable materials and, once promising opportunities are identified, to engineer new materials required by industry and commerce to reduce the negative environmental and sociological effects of traditional petroleum-intensive materials.

To know more about Sustainable materials:

https://brainly.com/question/30238602

#SPJ4

When a product's higher price is greater than the additional costs of attaining the differentiation, a broad differentiation approach increases profitability.

3. Enhanced profit margins When products are improved and differentiated, there are greater opportunities for better profit margins. You might make more money with fewer sales, for instance, if your target market is ready to pay more for premium quality or better value.

Through product differentiation, you can sometimes significantly raise your profitability. People will often pay more for durability, aesthetics, and customer service, so you may sell a distinct product for a greater price. Additionally, they will pay more for appealing packaging or an exciting experience.

To Know more about higher price

https://brainly.com/question/3161016

#SPJ4

World War I's legacy of debt, protectionism and crippling reparations set the stage for a global economic disaster. In United States World War I's legacy of debt, protectionism and crippling reparations set the stage for a global economic disaster.

A significant chunk of the American continent is occupied by the United States of America, also referred to as the US or America. The United States is made up of 50 States, 9 Minor Outlying Islands, 5 Significant Unincorporated Territories, and 326 Indian Reservations. It is the third-largest country on earth in terms of total area and land.Several nations share its maritime borders, including Russia, Cuba, and the Bahamas. It is the most populated nation in the Americas and the third most populous nation worldwide with a population of more than 333 million. Washington, D.C., is the nation's capital city and financial hub.

Learn more about United State from

brainly.com/question/25713078

#SPJ4

Answer:

Explanation:

When we look at the differences in the two terms, the main difference is that ethical is being morally principled and has a good conduct whereas unethical is the total opposite of it.

An ethical issue is a circumstance in which a moral conflict arises in the workplace; thus, it is a situation in which a moral standard is being challenged. Ethical issues in the workplace occur when a moral dilemma emerges and must be resolved within a corporation.

'Unethical' defines as something that is morally wrong, whilst something being 'illegal' means it is against the law. In an illegal act, the decision-making factor is the law. For an unethical act, the deciding agent is the man's own conscience. An unethical deed may be against morality but not against the law.

to know about illegal

https://brainly.in/question/39374572

Anyone can open an account in a commercial bank and offers financial services.

An example of a financial intermediary is a commercial bank, which provides a range of products and services to businesses to meet their liquidity needs. The institution receives and oversees deposits in order to earn fee income and act as a low-cost source of funds. The acceptance of deposits and the granting of credit are the two basic ways that commercial banks make money, and they cater to a variety of economic sectors as clients. Both business banks and commercial banks simultaneously provide services to small and medium-sized firms (SMEs). Depending on whether a client meets middle market or business bank criteria, they could be classified into "small business" and "commercial bank" groups, respectively.

To learn about commercial bank, visit:

https://brainly.com/question/16196841

#SPJ4

The Quantity 10$ per shirt represent a unit rate.

Comparing a quantity to one unit of another quantity is done through a unit rate. Unit rates include calories per dish, miles per hour, and price per item. A unit rate cannot be determined by looking at the number of pages read in ten days.

A rate and a unit rate are two different ways of measuring something, but a rate is the ratio of two separate units of measure for two different things.

Total of 5 shirts .

which means total of 50 dollar among 5 shirts.

i.e.50/5=10 dollars .

Hence each shirt causes 10 dollars  or 10$ per shirt.

The Quantity 10$ per shirt represent a unit rate.

The complete question is:

Which quantities in the advertisement represent a unit rate? 3 white shirts to 2 black shirts 2 black shirts for every 5 shirts $10 per shirt $50 per shirt.

To learn more about unit rate refer to:

https://brainly.com/question/19493296

#SPJ4

The skills required for managing and solving conflict are problem-solving, teamwork, emotional intelligence, stress management, and communication.

For a person to manage the conflict effectively, they need certain conflict management skills. These skills tend to include the teamwork, emotional intelligence, stress management, etc. Thus, honing these 5 conflict management skills will then help you in order to better resolve conflicts in the workplace as they come up.

However, the effective communication skills are considered to be the foundation of the conflict resolution. As, the clear and the proper communication tend to help resolve any  personal and as well as the professional problems.

To learn more about the emotional intelligence here:

https://brainly.com/question/30004291

#SPJ4

The custodial model is the best choice for structuring a jail that employs several security levels. It is a severe model that is employed to punish offenders or criminals. It primarily focuses on prison security and discipline as a means of assisting incapacitation.

The custodial approach encourages employees to depend on the organisation rather than their manager. The approach places a strong emphasis on issues including financial gain, security, organisational dependency, and upkeep. The custodial model makes employees reliant on the company.

Custodial models try to give workers the impression that their employer is concerned about their needs. Benefits packages, including healthcare, retirement plans, and other incentives, are frequently used to accomplish this. Provides custodial services, including all cleaning tasks, staff scheduling and assignment, and training activities, under the direction and leadership of other personnel.

To learn more about custodial model: https://brainly.com/question/15083005

#SPJ4

It is important to learn about personal finance due to the 1) absence of "friction" in our spending and purchasing decisions 2) debt from student loans is rising 3)Bankruptcies are being filed by young adults.

Personal finance is an essential component of managing your current financial demands as well as future financial planning. Your long-term financial prospects for actions like investing or retirement planning will be greater the sooner you gain control over your personal finances.

Cash flow management is one of the most crucial (and obvious) facets of personal finance. It all comes down to how much money is being invested and where it is being spent. Before you can accomplish anything else with your money, it's imperative to have your cash flow under control.

To learn more about personal finance

https://brainly.com/question/28066148

#SPJ4

Global mass communications and countries depending more on one another, both economically and socially both will cause the countries within the European Union to become increasingly similar in what they need.

Option 1 and  2 are correct.

The importance of communication in globalization is paramount as people of different nationalities, ethnicities, languages, cultural attitudes and other diversity need to understand each other, work together and express themselves effectively.

Global mass communication refers to accessing, receiving and exchanging information on a global scale. This is primarily done through the Internet, a network of computers where information is exchanged.

Global communication is directly influenced by the process of globalization, contributing to expanding business opportunities, removing cultural barriers and developing global villages. Both globalization and global communication have changed the world's ecological, cultural, political and economic factors.

Learn more about global communication:

brainly.com/question/15887652

#SPJ4

An investment time horizon, or just time horizon, is the period of time one expects to hold an investment until they need the money back. Time horizons are largely dictated by investment goals and strategies. For example, saving for a down payment on a house, for maybe two years, would be considered a short-term time horizon, while saving for college would be a medium-term time horizon, and investing for retirement, a long-term time horizon.

KEY TAKEAWAYS

Time horizons are periods where investments are held until they are needed.

Time horizons vary according to the investment goal, short or long.

Time horizons also vary according to the time by which you begin investing.

The longer the time horizon, the longer the power of compounding has to work.

Generally speaking, the longer the time horizon, the more aggressive an investor can be in their portfolio, and vice versa.An investment time horizon is the time period where one expects to hold an investment for a specific goal. Investments are generally broken down into two main categories: stocks (riskier) and bonds (less risky). The longer the time horizon, the more aggressive, or riskier, a portfolio an investor can build. The shorter the time horizon, the more conservative, or less risky, the portfolio the investor may want to adopt.

Labor cost reductions will A) enhance aggregate supply.

Aggregate supply, often known as total production, refers to the whole quantity of goods and services generated within an economy at a certain overall price over a specific time period.

The aggregate supply curve depicts the link between price levels and the amount of output that enterprises are willing to generate. Prices and total supply usually have a positive relationship.

Increased prices are frequently an indication that businesses must boost production to keep up with rising total demand. Consumers compete for available items and pay more when demand outstrips availability.

As a result of this dynamic, firms increase output in order to increase sales. Prices revert to normal as supply increases, while output remains stable.

To know more about aggregate supply:

https://brainly.com/question/29022331

#SPJ4

Point sources of pollution originate from a single site and are simple to identify. Nonpoint-source pollution is more complex to detect and much more difficult to control.

Point sources of pollution are those that are located near water sources, whereas non-point sources are those that are dispersed and have no particular location. In point source pollution, There is a direct release of pollutants into bodies of water. Pollutants are easily dealt with in the water system before they reach the water bodies.

In Non-Point source pollution, Pollutants are released in numerous locations, away from water bodies. Pollutants are challenging to remove before they reach water bodies.

For additional information about Nonpoint-source pollution see:

https://brainly.com/question/1578512

#SPJ4

Six things that affect the credit score are Late payments, Closing accounts, Keeping high balances, Errors on your credit report, Excessive rate shopping, Cosigning a loan.

The most crucial component of credit scoring is payment history, and even one late payment will lower your score.

When assessing you for new credit, lenders want to be certain that you will repay your debt and on time. Your credit usage comes in second when determining your credit scores.

This ratio measures how much of your available credit you are using and might provide an overview of your dependence on non-cash resources.

10% of your Score is based on how many new credit accounts you've created as well as how many hard credit inquiries lenders conduct when you ask for credit.

Your credit score might be negatively impacted by having too many accounts or queries, which can signal more risk.

To know more about credit report, visit:-

https://brainly.com/question/2989702

#SPJ4

Back on Earth, as elevation rises, fewer molecules are present in the air, which results in a reduction in air density and a corresponding drop in air pressure.

The force of air on Earth is measured by barometric pressure, also referred to as atmospheric pressure.

Weather:

Altitude:

To know more about the air pressure, here

https://brainly.com/question/87231

#SPJ4

Every market with competition involves:

A market that is competitive is one where many producers compete with one another to satisfy the needs of many consumers. A single producer, a group of producers, a single consumer, or a group of consumers cannot dictate how the market operates in a market where there is competition.

A marketplace when there are several buyers and sellers and no single buyer or seller has a large impact on the market is referred to as a competitive market in economics. In markets that are competitive, there are no entry barriers, lots of buyers and sellers, and uniform products.

Learn more about competitive market: https://brainly.com/question/13894647

#SPJ4