The Solow Growth Model is an exogenous economic growth theory that examines changes in the amount of output in an economy over time as a result of variations in the rates of population increase, savings growth, and technological advancement.
Goods that directly compete with one another offer the same advantages to customers and are directed at comparable target markets. Coca-Cola and Pepsi are two excellent examples of products that compete directly. Diagram 1. Direct rivals in the market include Coke and Pepsi.
A fundamental design principle, aesthetics describes the appealing aspects of a design. Aesthetics in visual terms encompasses components like balance, colour, movement, pattern, scale, shape, and visual weight. Designers boost utility with aesthetically pleasing layouts and employ aesthetics to compliment their designs' usability.
When total cost and total profit are equal, a small business is said to have reached its break-even point and is in a neutral position. In other words, you've arrived at the point in your manufacturing cycle where the profit from a product is equal to its product charges. When pertaining to the degree to which data values are harmonious in agreement with destined norms, the expression" data validity" might be used. Comparison of the trustability and data validity. A real- world road address of the check replier's hearthstone, for case, would be an accurate data point. Examining former profit figures to look for patterns is known as deals trend analysis. It's an effective fashion for budgeting and fiscal analysis that can gesture the morning of changes in the short- term profit growth rates.
Learn more about Growth here:
https://brainly.com/question/28789953
#SPJ4
What happens to the equilibrium price and quantity when demand decreases and at the same time supply increases, but the demand shift is relatively larger than the supply shift? Both the equilibrium price and the equilibrium quantity will rise. The equilibrium price falls, and the equilibrium quantity rises.
The equilibrium price rises, and the equilibrium quantity falls.
Both the equilibrium price and quantity will fall.
the equilibrium price and quantity when supply grows while demand declines, but the demand shift is comparatively larger than the supply shift when both the equilibrium price and the equilibrium quantity will rise. Thus, option (A) is accurate.
What is meant by equilibrium price?The consumer cost of an item or service at a point where supply and demand are equal or nearly equal is known as a market-clearing price, often referred to as an equilibrium price. All the units that are available for purchase are accessible to the consumer and the manufacturer or seller.
In order to discover equilibrium prices as the market shifts, dynamic pricing immediately adjusts prices in response to changes in supply and demand.
Learn more about equilibrium price, from :
brainly.com/question/28527601
#SPJ1
"How long do credit bureaus retain positive credit history data? more than one answer may be correct.
a. Up to 10 years for closed accounts paid on time b. Up to 5 years for closed accounts paid on time c. Up to 7 years for currently open accounts paid on time d. Indefinitely for currently open accounts paid on time"
Credit bureaus retain positive credit history data, (a.) Up to 10 years for closed accounts paid on time, (c.) Up to 7 years for currently open accounts paid on time.
Both options a and c are correct. According to the Fair Credit Reporting Act (FCRA), credit bureaus are allowed to retain positive credit history data for a certain period of time. Closed accounts that were paid on time can be reported for up to 10 years, while currently open accounts that are being paid on time can be reported for up to 7 years. However, credit bureaus are not required to keep positive credit information for a specific amount of time, so some information may be removed earlier.
For more such questions on credit bureaus
https://brainly.com/question/20715412
#SPJ4
How many core competencies should you define to build your strategy?
Select an answer:
as many as possible
1
3
2
The needs and conditions of the organization will determine how many core competencies should be defined to build a strategy. In general, it is advised to concentrate on a small number of core competencies that are crucial to realizing the organization's strategic goals and gaining an advantage over competitors. In this case option A which is 1 is correct.
It is generally advised to identify no more than 3-5 key competencies that the organization excels at and that customers in the marketplace value.
There is no set rule regarding the precise number of core competencies that should be defined. As a result, the organization can concentrate its resources and efforts on strengthening and utilizing those competencies to spur innovation, efficiency, and value creation.
Having too many core competencies defined could make the organization's focus diluted and less clear.
To know more about core competencies here
https://brainly.com/question/2949366
#SPJ4
what does customer service mean to you
Customer service means providing excellent support and assistance to customers in order to meet their needs and exceed their expectations.
It's about going above and beyond to ensure that customers have a positive experience and feel valued and appreciated.
At its core, customer service is about understanding the unique needs and preferences of each customer, and tailoring the interaction to best serve their needs. This includes listening carefully to their concerns, answering their questions in a timely and thorough manner, and providing friendly and professional service at all times.
In addition, customer service is about being proactive and anticipating customers' needs before they even have to ask. This means taking steps to ensure that products and services are easy to use and understand, and being available to offer support and guidance whenever it's needed.
Ultimately, customer service is a critical component of building strong, long-lasting relationships with customers. By providing exceptional service, companies can establish trust and loyalty, leading to increased customer satisfaction and positive word-of-mouth recommendations.
To learn more about customer click on,
https://brainly.com/question/4110146
#SPJ4
a group project in an intro stats project looks at the cost of gasoline. students recorded the cost per gallon at a nearby gas station over a period of 10 weeks and want to make a time plot. what variable goes on the horizontal axis?
The horizontal axis would contain the time, usually represented by weeks.
What is the horizontal axis?The horizontal axis is the x-axis on a graph or chart. It is used to display the data along a horizontal plane, with the values increasing from left to right. The horizontal axis is sometimes referred to as the category axis because it usually displays categories or groups of data.The horizontal axis is the x-axis in a graph and is used to plot values along a horizontal line. It typically represents a value that can be measured or quantified, such as time, distance, or cost. The values on the horizontal axis are often referred to as the independent variable, as it does not depend on any other variable.
To learn more about horizontal axis
https://brainly.com/question/20534051
#SPJ1
higher interest rates reduce the present value amount. (true or false)
The given statement, "Higher interest rates reduce the present value amount," is true because higher interest rate indicates higher discount value.
Interest rate is defined as the as the money charged by the lender for the money it has borrowed to the borrower. It is the additional money along with the principal amount that the borrower needs to pay to the lender. The interest rate is generally noted on an annual basis.
Discount is the deduction of a certain amount or percentage of money from the original price of any good or service. Discount can have two categories: trade discount and cash discount.
To know more about discount, here
brainly.com/question/15208981
#SPJ4
How to convert 10000yen to usd?
Assuming an exchange rate of 1 USD to 110 JPY, we can use the following formula to convert 10000 yen to USD:
10000 yen x 1 USD / 110 JPY = 90.91 USD
To convert 10000 yen to USD, you need to know the current exchange rate between the Japanese yen and the US dollar. Exchange rates fluctuate constantly, so it's essential to use the most up-to-date rate for an accurate conversion.
Therefore, if the current exchange rate is 1 USD to 110 JPY, 10000 yen is equivalent to approximately 90.91 US dollars.
It's essential to note that exchange rates are subject to fluctuations, and the actual amount may differ depending on the exchange rate at the time of conversion. Additionally, when converting large amounts of currency, it's crucial to consult with a financial professional to ensure that you get the most accurate and favorable exchange rate.
To learn more about conversion click on,
https://brainly.com/question/30765097
#SPJ4
What is the objective of a pure command economy?
Multiple choice question.
allotment of resources for the overall good of society
privatization of state-owned enterprises
diversification of private-sector enterprises
abolition of state ownership
The correct option is A, Allotment of resources for the overall good of society.
Allotment is a term that refers to the process of allocating or assigning something, such as shares of stock, land, or funds. In the context of finance, allotment usually refers to the distribution of new shares of stock that are offered to the public through an initial public offering (IPO) or a secondary offering.
When a company goes public or issues new shares of stock, it typically sets aside a certain number of shares to be offered to the public. The allotment process involves determining how many shares everyone or institution will receive, based on factors such as demand, the number of shares available, and the price of the shares.
To learn more about Allotment visit here:
brainly.com/question/14728957
#SPJ4
Complete Question: -
What is the objective of a pure command economy?
a. allotment of resources for the overall good of society
b. privatization of state-owned enterprises
c. diversification of private-sector enterprises
d. abolition of state ownership
When a positive culture becomes strong enough, employee interactions become more () Political () Efficient () Complicated
When a positive culture becomes strong enough, employee interactions become more efficient
In an organization with a great workplace culture, employees are more likely to be motivated, engaged, and committed to their work. Also, they are more likely to collaborate and work together to accomplish common goals. As a result, people are able to communicate and work together more efficiently, which leads to overall firm growth. Additionally, a positive workplace culture frequently results in greater employee trust, which can further boost productivity by lowering the need for micromanagement and raising task delegation.
Nonetheless, a negative work environment can complicate and politicise employee interactions. Employees may be more inclined to play office politics, compete with one another, and conceal information or resources in order to gain the upper hand in such a setting. This can result in a breakdown in cooperation and communication, which would hurt productivity and efficiency.
Read more about positive culture on:
https://brainly.com/question/30693830
#SPJ4
How much of a person would be in frame when shooting a video at personal distance?
From the feet up
From the shoulders or chest up
From the thighs or waist up
Neck and head only
The correct option is (c).From the thighs or waist up of a person would be in frame when shooting a video at personal distance.
A frame is one of the several still images that make up the entire moving picture in the fields of cinema, video production, animation, and related ones. The phrase comes from the historical evolution of film stock, in which when single sequentially recorded images are studied, they resemble a framed picture.
The phrase can also apply to the boundaries of an image as seen in a camera viewfinder or as it is displayed on a screen in a more broad sense as a noun or verb. Hence, it can be claimed that the camera operator maintains an automobile in frame by panning with it as it passes quickly.
When making a video at close range, a person would be on frame from the thighs or waist up is correct option.
To know more about frame
https://brainly.com/question/13849573
#SPJ4
aaron is trying to decide what combination of baseballs and baseball bats to buy. his total utility for different quantities of baseballs and baseball bats is given in the table below. baseballs are $10 each and baseball bats are $5 each. aaron has a total of $30 to spend. what is the total utility of aaron if he buys 1 baseball and 4 baseball bats
According to the chart, the total utility of Aaron if he buys 1 baseball and 4 baseball bats is 83. Thus option C is correct.
What is total Utility?Total utility refers to the complete sense of fulfillment or satisfaction a consumer has after using a particular good or service. The total utility rises as long as the marginal utility is positive.
In the given chart, there is the total utility of different combinations is given. According to the question for 1 baseball and 4 baseball bats, the total utility will be 83.
Therefore, option C is appropriate.
Learn more about total utility, here:
https://brainly.com/question/15561406
#SPJ1
in the united states, data about all economic activity are categorized into a hierarchical set of six-digit naics codes. what does naics stand for?
In the united states, data about all economic activity are categorized into a hierarchical set of six-digit NAICS codes. NAICS stand for North American Industry Classification System.
The North American Industry Classification System (NAICS), which was created in collaboration with Canada and Mexico, is one of the most significant developments for statistical programs that concentrate on new economic activities. Based on the primary activity that establishments engage in, NAICS divides them into industries using a production-oriented conceptual framework. The same sector is assigned to businesses that use comparable labor, capital assets, and raw material inputs. In other words, businesses that carry out similar tasks in comparable methods are grouped together. Since its introduction in 1997, NAICS has undergone a number of revisions to represent shifts in the industrial composition of the North American and U.S. economies.
Twenty industry sectors are used by NAICS to group all economic activity into a six-digit hierarchical coding system.
To know more about NAICS:
https://brainly.com/question/20630280
#SPJ4
Under the partial equity method, the parent recognizes income when
A. dividends are received from the investee.
B. dividends are declared by the investee.
C. the related expense has been incurred.
D. the related contract is signed by the subsidiary.
E. it is earned by the subsidiary
Under the partial equity method , the parent recognizes income when it is earned by the subsidiary. Correct option is E.
Under the partial equity method, the parent company records its investment in the subsidiary on its balance sheet at the cost of the investment, and then adjusts the investment account for its share of the subsidiary's earnings or losses over time.
This share of earnings or losses is recognized as income or expense on the parent's income statement.
The parent's share of earnings or losses is typically based on the percentage of voting stock owned in the investee, although it may be adjusted for other factors such as non-voting stock or preferred stock with special rights.
In summary, under the partial equity method, the parent recognizes income based on its proportionate share of the subsidiary's earnings or losses, which is typically based on the percentage of voting stock owned. The recognition of income is based on when it is earned by the subsidiary, not when dividends are declared or received.
Therefore, the correct option is E (it is earned by the subsidiary).
To learn more about equity click on,
https://brainly.com/question/17074451
#SPJ4
Transcribed image text: The case of FTC v. Standard Education was a transition away from O A reasonable-person standard in advertising, sales, and marketing O Consumer protectionism O Employer liability O Advertising regulation
In advertising, sales, and marketing, the FTC v. Standard Education case marked a shift away from the reasonable-person criterion.
Businesses that run commercials, advertising agencies that create the advertisements, media that broadcasts the advertisements, and a sizable number of people like copy editors and visualizers make up the advertising sector. The strategies used to promote a product or service are referred to as advertising. Advertising aims to draw consumers' attention by emphasising a product or service. Because they frequently aim to market a certain product or service, advertisements are a surefire way to engage an audience. By being appealing and investing enough money to reach the individuals you want to target, advertisements can have a significant impact on company.
To learn more about advertising refer here:
https://brainly.com/question/3163475
#SPJ4
a ______ describes the rationale of how a new venture creates, delivers, and captures value.
A business model explains the logic behind how a company develops, delivers, and captures value.
How should logic be understood?
I don't see the logic in his argument, especially one that is logical and founded on sound judgement. Simply put, if prices increase, wages must follow suit. Inference-drawing is a key component of logic, the study of sound reasoning. About 335 BC, the father of logic Aristotle was the first to describe it. - India was the independent birthplace of formal logic, which persisted there until the early modern era. Medhatithi Gautama gave it a start in the sixth century BC. The ability to reason logically requires the observation, analysis, and interpretation of phenomena, responses, and feedback. 1 The information they obtain can be used to support their tactics, choices, and judgements.
Know more about business Visit:
https://brainly.com/question/15826604
#SPJ1
The business model describes the rationale of how the organization creates, delivers, and captures value.
What is a business model?The phrase "business model" describes a company's strategy for turning a profit. It lists the goods or services the company intends to offer, its chosen target clientele, and any budgeted costs. Business models are critical for both new and current businesses. A business model explains how an organization creates, transmits, and collects value in economic, social, cultural, and other contexts.
It is a part of business strategy and is known as "business model innovation" to refer to the process of developing and altering a business model. As there are many kinds of businesses, there are different kinds of business models. Traditional business methods include, for instance, direct sales, franchising, advertising-based businesses, and brick-and-mortar stores.
To learn more about business model, visit:
https://brainly.com/question/3325483
#SPJ1
Fill The Blank! ecosystem is the level of organization that is best described as including _____.
Ecosystem is the level of organization that is best described as including all the living things in an area interacting. An ecosystem is a place where plants, animals, and other organisms interact with the environment—including the climate, the landscape, and other elements—to create a bubble of life.
In ecosystems, biotic and abiotic factors—or nonliving elements—coexist. Healthy ecosystems keep our soil in good condition, purify the air, regulate the climate, recycle nutrients, and provide us with food. For the production of medicines and other items, they provide resources and raw materials. They are the backbone of all civilizations and the drivers of our economies. Biotic factors include plants, animals, and other living things. An ecosystem is a collection of living things in a particular area.
To learn more about ecosystem, click here.
https://brainly.com/question/13979184
#SPJ4
one can find the change in wealth from an investment by subtracting the present value of its required investment from the present value of its future cash flows.truefalse
True, By deducting the present value of the required investment from the present value of the future cash flows, one can determine the change in wealth from an investment.
To calculate the wealth shift brought on by an investment, one must compute its net present value (NPV). To calculate the NPV, the present value of the required investment is first subtracted from the present value of the projected future cash flows. Given a predetermined rate of return, present value (PV) is the current value of a future sum of money or stream of cash flows. Investment is expected to generate wealth if the NPV is positive. The present value is calculated by adding a borrowing fee or the interest that could be earned through investment to the future value.
To learn more about investment refer here:
https://brainly.com/question/16822436
#SPJ4
bob deposits the amount of $100 in his bank account today, and plans to deposit the amount of $145 in the same account one year from today, and finally plans to deposit the amount of $225 in the same account two years from now. if the interest rate is 4.75%, how much will bob have accumulated in his account three years from today?
The bob accumulated in his account three years from today is $509.71.
What is Future value?Future value depending on an expected rate of increase is the value of capital employed at a future date. On the basis of a growth rate projection, it describes the indicated worth of an asset as of a particular date in the future.
The formula for calculation is
PV x (1 + r) ^ n = FV
PV= Present value
r= rate
n=number of years
FV= Future value
a) Future value to earn in 3 yrs for the amount of $100
$100 x (1+ 4.75%) ^3 = $114.93
b) Future value to earn in 2 yrs for the amount of $145
$145 x (1+ 4.75%) ^2= $159.10
c)Future value to earn in 1 year for the amount of $225
225 x (1+ 4.75%) ^1= $235.68
Total Amount Accumulated in three years
= $114.93 + $159.10+ $2235.68
=$509.71
Learn more about future value, here:
https://brainly.com/question/17464122
#SPJ1
A manager at Gampco Inc. wishes to know the company's revenue and profit in its previous quarter. Which of the following business analytics will help the manager? a) prescriptive analytics b) normative analytics c) descriptive analytics d) predictive analytics
The business analytics that will help the manager at Gampco Inc. to know the company's revenue and profit in the previous quarter is descriptive analytics.
Therefore the answer is c) descriptive analytics.
Descriptive analytics involves analyzing past data to understand what happened and why. It provides a summary of historical data that can help the manager gain insight into the company's financial performance. Descriptive analytics can answer questions such as "what were the revenue and profit numbers for the previous quarter?" and "what were the trends in revenue and profit over the past year?" This information can help the manager make informed decisions about the company's future, such as identifying areas where the company can improve its financial performance or areas where it should invest more resources to maximize revenue and profit.
Therefore the answer is c) descriptive analytics.
To know more on analytics
https://brainly.com/question/30279876
#SPJ4
why most investors holding a diversified portfolio of stocks rather than an undiversified portfolio?
Investors hold a diversified portfolio of stocks rather than an undiversified portfolio for several reasons, including- Risk Reduction, Higher Returns, Opportunity for Growth, and Avoidance of Concentration Risk.
Here are the reasons in brief-
Risk Reduction: Diversification helps to reduce the risk of a portfolio by spreading investments across different asset classes, industries, and geographies. This reduces the impact of any single investment or market event on the overall portfolio.Higher Returns: Diversification can potentially lead to higher returns over the long run. This is because a diversified portfolio can capture gains from different markets and asset classes while minimizing the impact of any losses.Opportunity for Growth: Holding a diversified portfolio can offer investors the opportunity to invest in a variety of companies and industries, some of which may be in emerging markets or new technologies that have the potential for high growth.Avoidance of Concentration Risk: An undiversified portfolio with a few concentrated holdings can expose an investor to significant risk if those holdings perform poorly. Diversification reduces this risk by spreading investments across a range of companies and industries.Overall, a diversified portfolio offers investors a way to achieve a balance between risk and reward. While there is no guarantee of success, holding a diversified portfolio can help investors to weather market volatility and achieve long-term financial goals.
For more such questions on Diversified Portfolio.
https://brainly.com/question/2292884
#SPJ4
what led some businesses in the early twentieth century to accept unions rather than resist them?
Some businesses in the early twentieth century expected accepting unions would be an effective way to prevent strikes and other labor problems, and thus, did not resist them.
So-called "business unionism," the idea that unions must pursue immediate, material benefit for members inside the free-enterprise system, replaced experiments with political radicalism. The fundamental notion was to accept the capitalist political, economic, and wage system while securing marginal profits for its participants.
Some workers had genuine benefits as a result of the capitalist industrialization process, but there was a heavy human cost. According to most sources, in the late nineteenth and early twentieth century, American laborer's living standards increased dramatically. Yet, the profits were not uniformly dispersed.
To know more about business unions, refer:
https://brainly.com/question/11948510
#SPJ4
a decrease in aggregate demand will cause a decrease in ______.
The increase in consumer spending results from an increase in consumer wealth aggregate demand curve to the Right.
A consumer refers to an individual or organization that purchases goods or services produced by a company. Consumers are an essential part of the business cycle as they drive demand for products and services, which in turn, drives revenue and profits for the business.
Consumers make purchasing decisions based on a variety of factors, including price, quality, brand reputation, and personal preferences. Companies need to understand consumer behavior to develop effective marketing strategies that appeal to their target audience. This involves analyzing data and conducting market research to identify consumer needs and wants, as well as understanding the competitive landscape and market trends.
A successful business understands the importance of building strong relationships with its consumers. By providing excellent customer service, delivering high-quality products and services, and listening to customer feedback, companies can establish loyal customer bases and generate positive word-of-mouth referrals. Overall, consumers play a crucial role in the success of businesses, and understanding their needs and preferences is essential to building a sustainable and profitable enterprise.
To learn more about Consumer visit here:
brainly.com/question/15869639
#SPJ4
Complete Question:
The increase in consumer spending that results from an increase in consumer wealth aggregate demand curve to the ____________.
______ budgeting is the process of making and managing expenditures on long-term assets.
a. Capital
b. Finance
c. Investments
d. Financial institutions
A) Capital budgeting is the process of making and managing expenditures on long-term assets.
Capital budgeting is the process a business employs to evaluate potential large projects or investments. Such initiatives can involve building a new facility or making a sizeable investment in a different company.
As part of capital planning, a company may assess the expected returns' lifetime cash inflows and outflows to see whether they will meet a sufficient target benchmark.
In a perfect world, businesses would take advantage of any and all opportunities and initiatives that boost revenue and shareholder value. Since there is a limited quantity of capital or money that each firm has available for new initiatives, management employs capital budgeting techniques to select the projects that will produce the best return over the length of the relevant time.
To know more about Capital budgeting:
https://brainly.com/question/28304454
#SPJ4
what is the reason that all economic issues and problems occur?
Economic issues and problems arise due to a wide range of factors, such as: Scarcity, Market failures, Government policies, International Factors, Human behavior.
Scarcity: The fundamental economic problem is scarcity, which means that there are limited resources to satisfy unlimited wants and needs. This creates competition for resources, which can lead to economic problems such as inflation, unemployment, and poverty.
Market Failures: Market failures occur when the market does not allocate resources efficiently. For example, externalities such as pollution or the provision of public goods like education and healthcare are often not accounted for in the market, resulting in suboptimal outcomes.
Government Policies: Government policies can have a significant impact on the economy. If government policies are poorly designed or implemented, they can result in economic problems such as budget deficits, inflation, and income inequality.
International Factors: Economic issues can also arise due to international factors such as global economic recessions, trade disputes, or currency fluctuations.
Human Behavior: Finally, economic issues can also arise due to human behavior, such as fraud, corruption, or irrational decision-making by individuals or firms.
For more such questions on Economy
https://brainly.com/question/28210218
#SPJ4
(iii) Which one of the following types of discrimination is protected by legislation?
Select one answer.
A) Age
B) Ability
C) Social
D) Ethical
Laws are in place to protect against age discrimination. There is no specific statutory authority in India that deals with issues related to age discrimination because there is no codified law on the subject.
Is ageing a characteristic that is protected?According to the Equality Act, one protected feature is age. When you are treated unfairly because of your age or because you belong to a specific age group, this is known as age discrimination.
What actual instances of age discrimination are there?When you are treated less favourably than another individual in a comparable circumstance just because of your age, this occurs. For instance, your employer denies your request to enrol in a training course because she believes you are "too old," yet she permits your younger coworkers to do so.
To know more about discrimination visit:-
https://brainly.com/question/29801080
#SPJ1
In general, courts will not enforce a contract in which the offer states that the offeree’s failure to respond will be considered an acceptance of the offer.a. Trueb. False
False. Courts recognizes that parties to a contract may agree to the terms of an office which includes the important advantages which explains the all for these failure to respond will be considered as a acceptance of the offer.
This is known as silence as acceptance provision it explains certain steps to ensure that and offeree is aware that the provision has an opportunity to reject the offer. Silence in other words also can be deemed acceptance off and off if there is an agreement between the parties or people and there are circumstances that the offer tends to consider the silence as acceptance.
But in general the court has nothing to enforce our contract with the silence as acceptance provision unless if there is an evidence that the offering he’s ready to accept the offer.
To know more about the enforcement of a contract
brainly.com/question/30192759
#SPJ4
net benefits are maximized at a level of output, (q), where mb = mc. what is one reason why
If MB > MC, the increase (Q) adds more than total cost to total profit. - If MB > MC, net growth gains (Q) are positive.
The required details for Total Cost (TC) in given paragraph
Total Cost (TC) is the minimum cost in dollars to produce a given amount of output. It is the aggregate cost of production, which consists of variable costs, which vary with the amount of good produced and include inputs such as labor and raw materials, and fixed costs, which are independent of the amount of good produced and include inputs that are not changeable in the short term, such as Buildings and machinery, including sunk costs where applicable.
Total economic cost includes the total opportunity cost (benefit from the next best alternative) of each factor of production as part of its fixed or variable cost. The total additional cost of an additional unit of production is called marginal cost.
To know about Total Cost (TC) click here
https://brainly.com/question/29509552
#SPJ1
which of the following is an example of a liability? question 8 options: supplies accounts receivable subscriptions received in advance prepaid advertising
An example of a liability is a subscriptions received in advance. The Option C is correct.
What does liability entails in accounting?Liabilities are any debts owed by your company, such as bank loans, mortgages, unpaid bills, IOUs, or any other sum of money owed to someone else. If you promised to pay someone money in the future and haven't done so, you have a liability.
Liabilities on the balance sheet include loans, accounts payable, mortgages, deferred revenues, bonds, warranties, and accrued expenses. Liabilities and assets can be contrasted. Liabilities are things you owe or have borrowed, whereas assets are things you own or are owed.
Read more about liability
brainly.com/question/25687338
#SPJ1
"Expenses directly tied to the level of business activity is the definition of A. variable costs. B. expected value. C. marginal costs. D. fixed costs.
The definition of fixed costs is expenses that are directly related to the volume of business activity.
What is fixed costs?Regardless of the company's level of activity, fixed costs are an expense that remain constant. The following are some examples of fixed costs: rent, salary, insurance, property taxes, interest costs, depreciation, and perhaps certain utilities. Common fixed costs that are represented as indirect expenses include depreciation. Businesses develop a plan of depreciation expenses for investments in assets whose values decline over time. As an illustration, a business might invest in machinery for an assembly line used in manufacturing, which is expensed over time using depreciation. Costs known as fixed expenses do not fluctuate whether sales or manufacturing volumes rise or fall. This is because they aren't actively involved in producing a good or providing a service. Thus, fixed costs are regarded as indirect costs.
To learn more about fixed costs click,
https://brainly.com/question/20670674
#SPJ1
developing a product strategy involves studying your product and company features but does not involve configuring value-added solutions. true/false
The statement , "developing a product strategy involves studying your product and company features but does not involve configuring value-added solutions" is False , because it involve configuring value-added solutions.
The Product Strategy is defined as a plan that outlines how a company will market, sell, and support a product or service.
This involves understanding customer needs and preferences, analyzing competitors, identifying market opportunities, and developing a unique value proposition that sets product apart from others in market .
A key aspect of developing a product strategy is identifying the value-added solutions that the product offers to customers.
This may involve configuring the product to meet specific customer needs or developing additional features and services that enhance the value of the product.
Learn more about Strategy here
https://brainly.com/question/30134856
#SPJ4
