Answer:
1. c
2. a
3. b
Explanation:
I dont know how to explain quickly
and ends at (240,250). There is a blue downward sloping line that starts at (70,250) and ends at (240,150).) What sales price should you select to meet the equilibrium price for the lawn mower?
Answer:
$190
Explanation:
The equilibrium price of the lawnmower can be deduced from the graph ; it is the point of intersection of the orange and blue line ; which is the intersection point if the supply and demand line. The price axis is located on the vertical y-axis. This intersection point when traced to the left of the graph gives the equilibrium price. Hence, the equilibrium price as obtained from the graph is about $190
help plz:)I'll give extra points
Answer:b
Explanation: ive done this
Answer:
b
Explanation:
expansionist fiscal policy and higher amounts of spending leads to a lower unemployment rate and higher fiscal success.
Diminishing marginal product suggests that Group of answer choices marginal cost is upward sloping. Adding additional workers will lower total cost. The firm is at full capacity. Additional units of output become less costly as more output is produced.
Answer:
The marginal cost is upward sloping.
Explanation:
This is because the marginal product of labor decreases as additional labor is employed which increases the marginal cost.
True or false: Strategists should consider how quickly they expect a product or technology to become popular when deciding whether to pursue a first-mover advantage. True false question. True False
Answer:
TRUE
Explanation:
The first-mover advantage is the leverage a company gets to be the first to enter a market with a product and the term "first-mover" does not mean the first company to invent a product.
Being a first-mover is important for strategists to identify the correct marketing mix, so as to be better than their competitors, also it creates a medium to allow strategists to study the market, perfect their products or services before other market entrants.
Since being a first-mover expose the risk of products being improved upon by competitors, strategists should consider how quickly they expect a product or technology to become popular when deciding whether to pursue a first-mover advantage.
who benefits from a loan?
A - only the person who is given the loan by a bank?
B - only the bank who gives the loan to a person
C - both the person who gets the loan and the bank that loans the money
D - no one benefits when a loan is given out
Answer:
C
Explanation:
The person gets money to spend, then over time the bank will earn that money back from the same person. So I'd say both benefit.
Suppose that the price of good X rises from $12.00 to $12.90, and as a result the quantity demanded of good X falls from 5,000 units to 4,600 units. The (absolute value of) price elasticity of demand for good X is ___________________, indicating that good X is price ___________________. This increase in price caused total revenue to ________.
Answer:
The price elasticity of demand is 1.14.
The price is Elastic.
Elasticity is more than one so total revenue will fall.
Explanation:
Given the initial price of good x = $12
Final price of good x = $12.90
% change in price = [(12.90 - 12) / 12] x 100 = 7.5 %
Initial quantity = 5000
Final quantity = 4600
% change in quantity = [(4600 - 5000)/5000] x 100 = -8%
Elasticity = % change in quantity / % change in price
Elasticity = 8% / 7%
Elasticity = 1.14
The price elasticity of demand is 1.14.
The price is Elastic.
Since elasticity is more than one so total revenue will fall.
Long-term orientation encourages ______. a.neither thrift nor spending b.spending c.both thrift and spending d.thrift
Answer:
d
Explanation:
If a person has a Long-term orientation, they are more likely to save more than spend more. This is because they would be more concerned about meeting future expenses.
On the other hand, a short-term orientation encourages thrift
For example a person whose goal is to become a doctor is more likely to save than a person with a terminal illness with weeks to live
Clayborn Company deposits all cash receipts on the day they are received and makes all cash payments by check. At the close of business on May 31, its Cash account shows a debit balance of $17,025. Clayborn's May bank statement shows $15,800 on deposit in the bank. Determine the adjusted cash balance using the following information:
Answer:
Adjusted bank balance $16,400.
Adjusted Cash balance $16,400.
Explanation:
Preparation of a bank reconciliation.
Bank Statement Balance ($15,800)
Add deposits in transit" ($5,200)
Deduct "outstanding checks" ($4,600)
Adjusted bank balance $16,400
Cash Account ($17,025)
Deduct charges/fees ($25)
Deduct NSF checks ($600)
Adjusted cash balance $16,400
Under the Uniform Commercial Code (UCC), in a simple delivery contract, once goods are identified in a contract the contract is considered _____.
Answer:
executed
Explanation:
Under the Uniform Commercial Code (UCC), in a simple delivery contract, once goods are identified in a contract the contract is considered executed.
What is Uniform Commercial Code (UCC)?The Uniform Commercial Code (UCC), a comprehensive body of legislation, governs all business transactions in the United States. It is a state law that has been uniformly enacted rather than a federal law. Uniformity of law is critical in this field for interstate business transactions. Businesses can enter into contracts knowing that the terms will be upheld consistently by courts in every American jurisdiction thanks to the UCC's widespread adoption. Because commercial connections are more secure as a result, businesses may expand and the American economy does well. The UCC has been referred to as "the backbone of American commerce" for this reason.
The Uniform Commercial Code (UCC) is a standardized set of business laws and regulations. The UCC code was created in 1953 as it became increasingly difficult for businesses to transact business across state lines due to differing state laws. 1
The Uniform Commercial Code (UCC) is significant because it provides a standard legal and contractual framework that allows companies from different states to transact with one another. The UCC laws have been fully adopted by the majority of states in the United States. Although there are some minor differences between states, the UCC code is divided into nine articles. The UCC articles cover a wide range of transactions, including banking and lending.
Uniform Commercial Code (UCC) laws govern personal property sales and other transactions. If you've ever bought a business or a car, you've probably signed a UCC-1 statement. The lender retains ownership of the title until the loan is paid off.
The Uniform Commercial Code (UCC) policies are primarily concerned with the activities of small businesses and entrepreneurs. Part of the goal is to clear up any confusion about how each state might regulate such operations separately.
To learn more about Uniform Commercial Code(UCC), click here
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You are working several plans and community organizations to sponsor an educational event. When putting together advertisements for this event, what should you do
Answer: Ensure that the advertisements indicate it is an educational event
Explanation:
Defining an advert and tailoring it's message to the exact plan you want is really important. where this can be implemented well is with the contents the advert is done. The content drives home the message, if the content is not designed to meet what you want or it's target audience well, it would drive a different message.
When putting together advertisements for this event, you should ensure that the advertisements indicate it is an educational event unless it would be seen as a marketing program, you can ensure this by the content through the content displayed
The base rate of managerial incompetence is estimated at 25 to 30 percent. Group of answer choices True False
Answer:
The answer is "False".
Explanation:
Incompetence in Leadership Managerial incompetence can be defined as an inability to carry out its leadership tasks and responsibilities successfully. Managers execute several tasks, mainly of supervisory character, in any conventional organization.
There are six main reasons for managerial incompetence. Derailment is indeed a loss of self, a lack of understanding of conditions, a lack of intellect and technical knowledge.
Scope describes the full length of time required to complete a project. Group of answer choices True False
Answer:
False
Explanation:
Project scope can be regarded as part of project planning which involves determining as well as documenting listed particular project , tasks, deadlines as well as goals and the cost and deliverables. The documentation of scope of a project is is called a scope statement, this elaborate the boundaries of the project as well as establishment of responsibilities that is required by each team member, then
sets up procedures for verification and approval of of completed work. The scope shed light clearly on project goals which are measurable
realistic and obtainable, it it gives a clear vision and specifies about what is expected as well as when it is expected, and the exoected cost, it also specifies the deliverables as well as milestones and needed resources.
The Federal Reserve mandates banks to deposit a certain percentage of their ______ as required reserves at their regional Federal Reserve Bank.
Answer:
deposits
Explanation:
The supply chain area that is responsible for determining what to buy, how much to buy, and how to manage the suppliers is known as _____.
Answer:
Procurement
Explanation:
The supply chain area that is primarily concerned with what to buy, how much to buy, and how to manage suppliers for optimum service delivery is known as procurement.
The supply chain generally refers to the processes and resources involved in the supply of products or services to the final consumers. It includes procurement, planning, and logistics.
The procurement has to the with the purchase of materials. It includes the quantity of materials to buy and at what price as well as how to manage relationships with suppliers for the benefit of the firm. Planning has to do with synchronizing the supply of material with production in relation to the demand for the final product while logistic has to do with optimizing the delivery process to minimize cost and time.
A company's horizontal scope refers to Multiple choice question. the extent to which the company participates in the various activities of the industry's value chain. the various product and services that it offers. the various defensive strategies the company can employ. the extent of its ownership in multiple joint ventures.
Answer:
the various product and services that it offers.
Explanation:
Horizontal scope or integration can be regarded as process that involves increasing of production of goods or services , and this increase reflect at the same part of all supply chain
by a company . This can be done by
a company merger, internal expansion or acquisition. This process can result into if vast majority of the market for that particular product/ service is been captured by the company.
It should be noted company's horizontal scope refers to the various product and services that it offers.
(16-25) more questions:)
Answer:
16. d?
17. probably b
18. a
19. hmmmmmmmmmm c?
20. b
21. d
22. d
23. c
24. c
25. a
Explanation:
Should all be right? a few im iffy on.... it's been a while
When a provider signs a contract to be a participating provider with an insurance payer they are agreeing to:
Answer:
Accept the fee schedules set by the insurance company.
Explanation:
A participating provider is defines as one who has entered into a written agreement with an insurance company to provide a given range of Medicare Part B services on an assigned basis.
Usually various fees are scheduled for each of the services provided.
The discount on services in this instance is not much and they are always obligated to provide service.
On the other hand preferred provider is one who provides services at a discount.
Institutions that help to match one person's saving with another person's investment are collectively called the
Answer:
Financial system
Explanation:
A company purchased equipment for $50,000 on January 1 of its first year. The equipment’s original estimated useful life is 8 years and its estimated salvage value is $10,000. The company uses the straight-line method of depreciation. On December 31 of its second year, before year-end adjusting entries have been recorded, the company decides to shorten the estimated useful life by 3 years giving it a total life of 5 years. The company did not change the salvage value and continues to use the straight-line method. How much depreciation expense should be recorded for the second year?
Answer:
$7000
Explanation:
The following steps would be taken to determine the answer
1. Calculate depreciation expense given the initial information
2. Determine the book value
3. calculate the depreciation expense using the new information and the book value
Straight line depreciation expense = (Cost of asset - Salvage value) / useful life
($50,000 - $10,000) / 8= $5,000
Book value = $50,000 - $5,000 = $45,000
(45,000 - 10,000) / 5 = $7000
The company should record $8,750 as the depreciation expense for the second year.
Data and Calculations:
Cost of equipment on January 1 = $50,000
Estimated useful life = 8 years
Estimated salvage value = $10,000
Depreciable amount = $40,000 ($50,000 - $10,000)
Annual depreciation expense based on Straight-line method = $5,000 ($40,000/8)
Net book value = $45,000 ($50,000 - $5,000)
Re-estimated total useful life = 5 years
Remaining useful life after the first year = 4 years (5 - 1)
Estimated salvage value = $10,000
Depreciable amount = $35,000 ($45,000 - $10,000)
Annual depreciation expense based on Straight-line method = $8,750 ($35,000/4)
Thus, the depreciation expense for the second year is $8,750.
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In an examination evaluation expert system, the _____ component of the expert system is responsible for stating why a loan applicant was approved or rejected.
Answer:
The missing phrase is Explanation Facility.
Complete Sentence:
In an examination evaluation expert system, the Explanation Facility component of the expert system is responsible for stating why a loan application was approved or rejected.
Explanation:
An expert system is a computer system program that can do the job of a human expert whose role is to give professional opinions, judgments, or advice regarding an issue. These systems are associated with Artificial Intelligence.
In other to create this kind of system (which has the capacity to solve complex problems) AI programmers use a collection of knowledge stored or codified in if-then formats or rules
In expert systems, an explanation facility is a function that allows non-artificial users to query the veracity of the system's reasoning. Usually, the system would make reference to its frame of logical construct, its rules, and or goals.
Cheers
On September 1, Pike Products purchases $5,000 of supplies from Indigo Industries, with the understanding that Pike will provide payment within 60 days. When posting the journal entries related to this transaction, Pike's accounting staff debits Supplies for $5,000 and debits Cash for $5,000. Which of the following statements best describes the results of this posting?
A In Pike’s general ledger, the ending balance for the Cash account will be correct. However, the ending balance for the Supplies account will be too low, while the ending balance for the Accounts Payable account will be too high.
B In Pike’s general ledger, the ending balance for the Supplies account will be correct. However, the ending balance for the Cash account will be too low, while the ending balance for the Accounts Payable account will be too high.
C In Pike’s general ledger, the ending balance for the Supplies account will be correct. However, the ending balance for the Cash account will be too high, while the ending balance for the Accounts Payable account will be too low.
D In Pike’s general ledger, the ending balance for the Cash account will be correct. However, the ending balance for the Supplies account will be too high, while the ending balance for the Accounts Payable account will be too low.
Answer: C. In Pike’s general ledger, the ending balance for the Supplies account will be correct. However, the ending balance for the Cash account will be too high, while the ending balance for the Accounts Payable account will be too low
Explanation:
Since the journal entries that are related to this transaction, shows that Pike's accounting staff debits Supplies for $5,000 and debits Cash for $5,000, then it can be deduced that the results of the posting is that in Pike’s general ledger, the ending balance for the Supplies account will be correct. However, the ending balance for the Cash account will be too high, while the ending balance for the Accounts Payable account will be too low.
Therefore, the correct option is C.
Crane Co. pays its employees twice a month, on the 7th and the 21st. On June 21, Crane Co. paid employee salaries of $4930. This transaction would decrease net income for the month by $4930. be recorded by a $4930 debit to Salaries and Wages Payable and a $4930 credit to Salaries and Wages Expense. increase owner's equity by $4930. decrease the balance in Salaries and Wages Expense by $4930.
Answer:
Crane Co.
This transaction would decrease net income for the month by $4930.
Be recorded by a $4,930 debit to Salaries and Wages Expense and a $4,930 Credit to Cash.
Explanation:
a) Data and Analysis:
June 21: Salaries Expense $4,930 Cash $4,930
b) The transaction that affects the Salaries and Wages Payable is the unpaid salaries and wages expense that are accrued but not yet paid to employees. However, the above transaction will increase the amount in the Salaries and Wages Expense by $4,930 and decrease the Cash by the same amount. It will also reduce the net income for the month by $4,930.
Bob is the vice-president of a medium sized company in a suburb of Seattle. He has two new cars, a large home with a sauna, new clothes, and takes many trips with his family. He also carries $21,000 of debt on his credit cards and struggles to make his payments. Bob would be considered part of which social class
Answer: None of the above
Explanation:
The options are:
-none of the above
-working poor
-working class
-underclass
The working poor are those that are working but their income is below the poverty line.
The working class consists of the people whom are semi skilled, unskilled or industrial workers.
Underclass is made up of the poor and the unemployed.
Based on the information above, Bob doesn't fit into any of the above description.
The Bureau of Labor Statistics produces data on unemployment based on the number of people collecting unemployment insurance. a. True b. False
Answer:
FALSE
Explanation:
A person is considered unemployed if he / she does not have a job and has searched for a job within the last 4 weeks
Unemployment rate = (number of unemployed / labour force) x 100
To collect data on unemployment, The Bureau of Labor Statistics conducts a survey every month known as the Current Population Survey (CPS).
types of unemployment
structural unemployment is an unemployment that occurs as a result of changes in the economy. These changes can be as a result of changes in technology, polices or competition. Structural unemployment tends to be permanent.
The geologist lost his hob permanently due to increase in wages (polices)
Frictional unemployment: the period of time a person is unemployed from the period he leaves his current job and the time he gets another job. Eg. when a real estate agent who leaves a job in Texas and searches for a similar, higher-paying job in California.
Voluntary unemployment: e.g. worker at a fast-food restaurant who quits work and attends college.
Cyclical unemployment: it occurs as a result of fluctuations in the economy. Unemployment would be high in a downturn and low in a boom
Stress and crisis management how do you write the essay
Answer:
Crisis management is the systematic attempt to prevent or manage organizational crises, that is, a serious emergency in which the functioning of an organization is seriously disrupted.
Crisis management encompasses methods to predict, assess, analyze and prevent emergency situations. A step prior to crisis management is to prevent technical and human failure. The response is then discussed: agreements are made about how command structures and lines of communication operate in the event of a crisis. In particular, the onset of a crisis is often chaotic and plans are drawn up for this until recovery and normalization of the situation occurs.
In 1995, Mexico joined NAFTA. U.S. tariffs on imports from Mexico and Mexican tariffs on imports from the United States are gradually being removed. How have the quantity of U.S. exports to Mexico and the U.S. government's tariff revenue from trade with Mexico changed?
Answer:
a) Increase in export
b) decrease in Tariff revenue
Explanation:
a) The Quantity of U.S exports to Mexico will increase due to the decrease in market price of goods imported from US to Mexico which is occasioned by the removal of Mexican tariffs on imports from the United states .
b) The US tariff revenue from trade with Mexico will decrease drastically
Import Tariffs are one of the ways Government generates revenue for the economy hence when these tariffs are removed the revenue generated will be non-existent .
If the number of suppliers increase, the supply curve will shift to the ________ and the price will ________.
Answer:
Rightwards; Fall
Explanation:
Rightwards; Fall
The increased number of sellers or suppliers will increase the supply in the market. Resulting the supply curve will shift rightwards and with the shift in the supply curve, the price will fall because of the more availability of goods in the market.
hat sets one organization apart from others and provides the firm with a distinctive edge for meeting marketplace needs is known as _____ a target market b decentralization c competitive distinction d competitive advantage e core competency
Answer:
d competitive advantage
Explanation:
The Target market refers to the customers that the company wants to sell its products or services. Therefore this option is incorrect.
Decentralisation is basically a transfer of authority to several branches of an organisation instead of only one. This option is also incorrect.
The competitive distinction is defined as the difference between what the organisation offers in comparison to its competitors. This option is also incorrect as it does not provide any distinctive edge in the marketplace for the organisation.
Competitive advantage defines the factors that help a company produce goods or services in a way that is cheaper and/or better than its competitors. This is the correct option as it is providing factors that would be helpful for firms to have a distinctive edge in the marketplace.
Core competency refers to the fact that the organisation must define its resources and capabilities in order to have a strategic advantage over its competitors. This option is mainly suggesting to define its advantages over the competitors. Hence, this option is also not correct.
Under a fixed exchange rate regime, the government of the country is officially responsible for ___
Answer:
D. all of the above
Explanation:
THESE IS THE COMPLETE QUESTION BELOW;
Under a fixed exchange rate regime, the government of the country is officially responsible for
A) intervention in the foreign exchange markets using gold and reserves.
B) setting the fixed/parity exchange rate.
C) maintaining the fixed/parity exchange rate.
D) all of the above.
A fixed exchange rate can be regarded as regime that is been applied by either government or central bank , which is responsible for tieing official currency exchange rate of a country to that of another currency of a country or the price of gold. Government use fixed exchange rate system to keep within a narrow band the value of currency. It should be noted that Under a fixed exchange rate regime, the government of the country is officially responsible for;
✓ maintaining the fixed/parity exchange rate.
✓intervention in the foreign exchange markets using gold and reserves.
✓setting the fixed/parity exchange rate.
Fujitsu Siemens Computers is a legally independent company of which Fujitsu and Siemens each own 50 percent. This collaboration is an example of a(n) __________, which is effective at transferring __________.
A. joint venture; explicit knowledge
B. joint venture; tacit knowledge
C. equity strategic alliance; tacit knowledge
D. nonequity strategic alliance; explicit knowledge
Answer:
B. joint venture; tacit knowledge
Explanation:
A joint venture (JV) is a business arrangement where two or more persons are agreed to pool their resoruces in order to attain a particular task. It can be the new project or any kind of business activity
So as per the given situation since both owns 50% perceny that means they are engaged in the joint venture also in this, the tacit knowledge are considered to be effective
So the option b is correct