At all prices above $9, the demand is elastic, while at all prices below $9, it is inelastic.
A commodity's demand is altered by price variations. We can estimate the elasticity of demand, or the degree of responsiveness of demand, by comparing the percentage price changes with the quantities demanded. Elasticity of demand is the degree to which demand responds to a change in an economic factor. Price is the economic factor that is most usually used for evaluating elasticity. Additional considerations include the availability of alternatives and income level. Elasticity measures the impact of shifting economic conditions on shifts in demand.
The following elements could impact demand:
The cost of the item
The cost of complementary goods
Consumers' income, etc.
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Consider the following partially completed schedules of cost of goods manufactured. Compute the missing amounts.
Calculating a company's entire production expenses during a given time period results in the cost of items manufactured. Additionally, it includes all costs associated with producing items, storing them, and for sale.
The total cost of the items when they have completed the entire manufacturing process and are prepared for sale is the cost of goods manufactured. Direct materials and direct labor, the two main components of manufacturing costs, are fully taken into account.
Using the cost of products manufactured formula, we will solve the cost of the ff.
COGM = DM + DL + MOH + WIP(B) − WIP(E)
Where:
DM = Direct Materials Used
DL = Direct Labor
MOH = Manufacturing Overhead
WIP (B) = Work In Progress Beginning
WIP (E) = Work In Progress Ending
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COMPLETE QUESTION:
Consider the following partially completed schedules of cost of goods manufactured. Compute the missing amounts.
Flynt Corp Laura's Bakery Rustic Gear
Beginning Work-in-Process Inventory $(a) $40,200 $2,100
Direct Materials Used 14,000 35,300 (g)
Direct Labor 10,300 20,100 1,400
Manufacturing Overhead (b) 10,800 300
Total Manufacturing Costs Incurred during the Year 45,100 (d) (h)
Total Manufacturing Costs to Account For 56,000 (e) 7,300
Ending Work-in-Process Inventory (c) (25,800) (2,700)
Cost of Goods Manufactured $51,600 $(f) $(i)
luke invested $86,000 in an account paying an interest rate of 5(5/8)% compounded continuously. alexander invested $86,000 in an account paying an interest rate of 5(1/8%) compounded annually. after 8 years, how much more money would alexander have in his account than luke, to the nearest dollar?
Alexander's account would have earned $83,453 and Luke's account would have earned $80,906, resulting in a difference of $2,547.
What is account?An account is a record of financial transactions that is kept by an individual or business. Accounts are used to track and document income, expenses, assets, liabilities, and equity. Accounts are typically organized into categories such as income, expenses, assets, and liabilities. Financial records are used to track and report on the financial performance of a business.
Alexander would have $2,547 more than Luke after 8 years. This is because the account with a lower interest rate compounded annually would have a lower rate of growth than the account with the higher interest rate compounded continuously. After 8 years, Alexander's account would have grown by 5.125% (5.125% compounded annually for 8 years), whereas Luke's account would have grown by 6.4%. Thus, Alexander's account would have earned $83,453 and Luke's account would have earned $80,906, resulting in a difference of $2,547.
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abbott company uses the allowance method of accounting for uncollectible accounts. abbott estimates that 3% of net credit sales will be uncollectible. on january 1, the allowance for doubtful accounts had a credit balance of $2,400. during the year, abbott wrote off accounts receivable totaling $1,800 and made credit sales of $100,000. there were no sales returns or sales discounts during the year. after the adjusting entry, the december 31, balance in the bad debt expense will be
After adjusting entry, the December 31, balance in bad debt expense will be $4200.
What is bad debt?When a debtor misses a payment, the creditor must declare that sum of money as a bad debt. When a bad debt becomes uncollectible and appears on the creditor's books, it is recorded as a charge-off. Every business that extends credit to customers needs to prepare for the prospect of bad debt because there's a chance the money won't be paid back. These businesses can estimate the proportion of their receivables that can become uncollectible by using the accounts receivable (AR) aging approach or the percentage of sales method. When a debtor is unable or unwilling to pay owing to bankruptcy, financial difficulty, or neglect, the debt becomes bad.
Balance= $2400+$1800= $4200
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Philip is a handicapped individual who owns a unit in a large cooperative complex. Philip's unit is not currently handicap accessible. If Philip wants to make the unit handicap accessible, who is responsible for the cost of the accommodations...
Philip is a handicapped individual Installing the ramp is the responsibility of the building owner.
If we look at a building owner's obligation, we find the following liabilities:
Any injuries sustained on a piece of property that is within the owner's control are his responsibility.
The owner is responsible for upkeep of the communal spaces utilised by the property's residents.
If a property owner rents it out to someone without giving the tenant adequate amenities, he or she will be held accountable.
As a result, in accordance with the third liability, the owner must pay for the ramp's installation because he rented the property to a person with a disability and must thus offer the necessary amenities.
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a real estate license holder has a business relationship with a home warranty company where the license holder receives a referral fee. which form is required?
TREC's Disclosure of Relationship with Residential Service Company is required.
What is Residential Service Company?Residential services are those provided to single-family homes, individually metered multi-family buildings, and seasonal occupants for domestic or household needs.
Any organization hired by the Distributor, including the transfer agent for the Fund(s), to carry out different administrative tasks for the Custodian or the Distributor is referred to as a Service Company.
If there is no Service Company, the Distributor (if any) or another organization with a contract to manage or provide investment advice services to the Fund will carry out the tasks allocated to it under this agreement .
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3. which of the following is least likely to promote economic growth? (a) investment in tools and machines (b) investment in training of labor (c) increase in consumption of nondurable goods (d) tax credit for technology improvement (e) increase in the labor force participation rate
Increase in consumption of nondurable goods is least likely to promote economic growth.
What does economic growth entail?Economic growth, which is defined as a rise in people's real income, is characterized by an increase in the ratio between people's income and the prices of the things they can afford to buy. As a result, goods and services become more accessible, and people experience less poverty.
How important is economic growth, and what is it?State capacity and the availability of public goods both expand with economic expansion. States that have expanding economies have the ability and resources to tax that income in order to fund the public goods and services that their population require, such as healthcare, education, social protection, and basic public services.
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page 139 5.5. when do price floors matter? true or false: unlike price ceilings, price floors lead to very positive effects when properly implemented
When correctly implemented, the claim that price floors have significant favourable impacts is false.
Price floors have a number of unanticipated effects that are hardly ever taken into consideration by decision-makers. The lowest cost that can be incurred in a market for goods and services, labour, or financial capital is referred to as the "price floor." The minimum wage, which is founded on the normative notion that someone working a full-time job should be able to afford a basic standard of living, is likely the most well-known example of a price floor.The lowest price at which a good, commodity, or service may be sold is constrained and is decided by the government or another party. For it to be effective, the price must be greater than the equilibrium price.
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there is usually no cost or duration associated with a milestone. group of answer choices true false
True, a milestone normally has no cost or time attached to it.
A project milestone is a management tool used to define a point in a project's timeline. These milestones can denote the beginning and end of a project, as well as the conclusion of a key phase of work. Milestones can represent anything that has begun or concluded, although they are most commonly used as a scheduling tool.You can see how a milestone can help with scheduling if it focuses on important progress milestones in a project. Just as tasks divide a bigger project into manageable sections, milestones divide project stages to assist project managers in planning, scheduling, and executing them.
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2-2 Application Problem: Analyzing Transactions Into Debit And Credit Parts Lo4
Ascertain whether the rise or decrease requires a credit or a debit.
What is credit?Credit is the trust that permits one party to give money or resources to another party, wherein the second party does not immediately reimburse the first party (thereby creating a debt), but instead promises to pay back or come back those assets (or other equipment of equal value) at the a later time. Credit is derived from the Latin verb credit, which means "one believes." Property, commitments kept, or performances are all examples of the first party's resources. Credit is a strategy for formalizing reciprocity, making it enforceable by law, and extending it to a sizable number of unrelated parties. The resources offered may be material (such as issuing a loan) or financial, or they may be in the form of commodities or services (e.g. consumer credit). Any deferred payment arrangement is considered credit.
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Ascertain if a credit or a debit is necessary for the increase or reduction.
What is credit?Credit is the trust that enables one party to provide funds or resources to another party, when the second party does not immediately recompense the first party (thereby generating a debt), but instead promises to pay back or return those assets (or other property of similar value) at a later date. The Latin verb credit, which meaning "one believes," is the root of the word credit. The first party's resources might include things like property, promises met, or performances. A method for formalizing reciprocity, making it legally binding, and extending it to a significant number of unrelated parties is credit.
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arnold kim began blogging about apple products during his fourth year of medical school. kim's website, macrumors, became so successful that he decided to give up his medical career and work full time on his website, despite the nearly $200,000 he had invested in his education. in making his decision, the $200,000 he spent on his education a. should be ignored since it represents a sunk cost. b. should be considered since it is money he has spent and needs to recoup. c. should be ignored only if kim can earn more than $200,000 by running his website. d. should be considered since it is money he could have used to invest in his website.
Arnold Kim began blogging about Apple products during his fourth year of medical school. Kim's website, MacRumors.com, became so successful that ...
What is the meaning of successful person?Someone who sets and attains goals is successful. Success can mean different things to different individuals. For some, it means being content and fulfilled, while for others, it means having status and achievements. All of these factors frequently come up while discussing success. The definition of a successful life is one in which the individual feels they have either maximized their ability and environmental influences or are able to overcome challenges. Success in the broadest meaning refers to achieving a specified objective. This definition has some repercussions. The first assumption is that success occurs anytime a predetermined goal can be realized. This term also implies that achievement is a prerequisite for success.
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a) a dutch citizen buys shares of stock in a u.s. company. b) a swedish car manufacturer opens a plant in tennessee. c) a u.s. based restaurant chain opens new restaurants in india. d) a u.s. citizen buys stock in companies located in japan.
An example of American foreign direct investment is the opening of new restaurants by a U.S.-based restaurant chain in India.
What exactly does the United States do abroad?Buildings are constructed, machinery is bought, workers are hired, and goods and services are produced in the United States—all of these activities are instances of what economists refer to as "foreign direct investment" (FDI).
An example would be an American cell phone corporation buying a Chinese network of phone stores. Through vertical foreign direct investment, a corporation buys a complementing company in another country. A US company, for instance, might invest in a foreign company that offers it the raw materials it needs.
FDI often comes in two flavours: horizontal and vertical.
1. Horizontal: An organisation takes its domestic operations abroad.
2. Vertical: By moving up the supply chain, a company can increase its market share internationally.
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scrum is used: select one: a. when teams want to create new technical products b. when teams want to integrate new developments on existing products within a short time frame c. all of the above d. none of the above
Scrum is used when teams want to create new technical products and teams want to integrate new developments on existing products within a short time frame.
What does scrum mean?Teams can personality and work toward a common objective using the management framework known as Scrum. It outlines a series of gatherings, resources, and job descriptions for effective project delivery. Scrum techniques allow teams to identity, utilize experience, or adapt to change, similar to a sports franchise rehearsing for a big game.
What is the life cycle of scrum?A Scrum project should be realised using the Scrum lifecycle, which consists of a series of sequential steps and iterative phases. The m lifecycle's key tenet is the iterative approach.
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explore the impact of innovation in today's business and social spaces, then consider the following questions: what is the relationship between innovation and business competition? what is the relationship between innovation and human interaction? what is the relationship between these two spaces? discuss your thoughts on these questions supporting your ideas with references from relevant articles in the news media and/or the web
The importance of innovation in affecting organizational performance is well acknowledged. Many businesses aspire for revenue growth through various sorts of innovation. However, research shows that the impact of innovation on firm performance differs depending on the type of inventive organization.
What link exists between business and innovation?Businesses that desire to develop the newest innovation to hit the market are those that are in rivalry with one another. A PwC survey found that 80% of CEOs believe innovation boosts productivity and offers companies a competitive edge. "Competition is frequently a catalyst for innovation.
What relationship does there exist between innovation and human interaction?Actually, thanks to increasingly practical and affordable non-human replacements, the need for human-to-human interactions has greatly decreased.
How does technology and human interaction interact?Technology has improved society by uniting individuals in a variety of ways by making it simple for us to connect with one another with only a few clicks of a button. People now have the choice to work from home, travel while employed, and keep in touch with their peers on a daily basis despite being physically located in a different state or nation.
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before a new variety of frozen muffins is put on the market, it is subjected to extensive taste testing. people are asked to taste the new muffin and a competing brand, and to say which they prefer. (the muffins are not identified in the test.) is this an experiment? why or why not?
An experiment deliberately imposes some treatment on individuals in order to observe their responses. So, yes this is an experiment. An experimental studies formulates some conditions in order to make an inference. An observational study tries to gather information without disturbing the scene they are observing.
What is a straightforward experiment?Researchers frequently employ a straightforward experiment to establish cause-and-effect, or to ascertain if changes in one variable might result in changes in another one.
What exactly does a psychological experiment mean?An experiment involves changing an independent variable, measuring a dependent variable, and exposing different individuals to one or more of the circumstances being investigated. In experiments, random selection of participants is also required, as is the assignment of subjects to conditions at random.
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at december 31, dorr, inc., has a net operating loss carryforward of $90,000 available to offset future taxable income. at this date, dorr has temporary differences that will result in taxable amounts of $60,000 during the operating loss carryforward period. the company has sufficient positive evidence to support an assumption that the benefits of the carryforward will be realized in the near future. assuming a present and future enacted income tax rate of 30%, what amount of the tax benefit of the operating loss carryforward should be recognized in the income statement for the year ended december 31?
The NOL can generally be used to offset a company's tax payments in other tax periods through an IRS tax provision called a loss carryforward.
How would you define tax in plain English?A tax is a forced payment or levy that is gathered by local, state, and federal governments from citizens or companies to pay for essential public goods, services, and activities.
What does the tax serve to accomplish?Taxes are used by the government to fund all three tiers of government: federal, provincial, territorial, and local. Additionally, taxes assist in funding the government's programs and services.
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imagine we have a list of participants below all of whom are unemployed. we are trying to test whether a given job training program helps unemployed individuals find a new job. to do so, we propose running and randomized controlled trial. one suggestion is to put the first half of the individuals into the treatment (workers 1 through 3), while placing the second half in the control (workers 4 through 6). why would this be a poorly designed experiment?
Yes, selecting employee at random for jobs without prior judgment is a terrible technique.
Employee selection, often known as applicant selection, is the process of choosing the best new recruit for the job at hand. The phases in the employee selection process are determined by the function for which you are employing, your recruitment budget, the seniority of the post, available resources, and the demands of your business. Rather of using one approach as the primary basis for picking or rejecting individuals, combine them to make the best informed conclusion possible. Pre-employment testing, for example, can be used with other staff selection processes such as job interviews or trial days to reliably predict work performance and cultural fit.
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Suppose you can sell as much of a product (in integer units) as you like at $46 per unit. Your marginal cost (MC) for producing the qth unit is given by: MC=7q. This means that each unit costs more to produce than the previous one (e.g., the first unit costs 7*1, the second unit (by itself) costs 7*2, etc.). If fixed costs are $70, what is the profit at the optimal output level. Also, Assume that a competitive firm has the total cost function: TC = 1q3 - 40q2 + 820q + 1900. Suppose the price of the firm's output (sold in integer units) is $650 per unit. Using tables (but not calculus) to find a solution, what is the total profit at the optimal output level?
At 6 units of production, or $59, profit is maximised, hence 6 units of output will be created. Entire revenue less total costs equals profit.
Profit is the term used to describe the financial gain experienced when the revenue from a commercial activity exceeds the costs, costs, and taxes associated with maintaining that activity. Any profits generated are returned to the company's owners, who can decide whether to keep the money for themselves, pay dividends to shareholders, or reinvest it in the company. The money a firm keeps after deducting all costs is known as profit. The main objective of every business, whether it be a little lemonade stand or a publicly listed multinational corporation, is to make money. As a result, a firm's success is measured by its profitability in all of its forms.
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4) the daily returns on a portfolio are normally distributed with a mean of 0.001 and a standard deviation of 0.002. a) what is the probability that the daily returns on that portfolio are positive for at least 60 out of the next 100 days?
The probability of the daily returns on the portfolio being positive for at least 60 out of the next 100 days is 0.5.
What is portfolio?A portfolio is a collection of a person's work samples, usually in the form of documents, photographs, or other physical items. The portfolio is used to demonstrate an individual's skills and achievements, such as written work, drawings, designs, or even photographs. A portfolio can be used to showcase a person's talents and abilities to potential employers or clients. It can also be used to document an individual's progress over time or to provide evidence of a person's achievements.
The formula for a normal distribution's cumulative distribution function is:
P(X ≤ x) = 0.5*(1 + erf((x - μ)/(σ*sqrt(2)))
where erf is the error function, μ is the mean, σ and is the standard deviation.
Plugging in the given values of μ = 0.001, σ = 0.002 and x = 0, we get:
P(X ≤ 0) = 0.5*(1 + erf(0)) = 0.5
Therefore, the probability of the daily returns on the portfolio being positive for at least 60 out of the next 100 days is 0.5.
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Roderigo has just finished paying back his $8,575 unsubsidized stafford loan, which he took out to fund his four-year degree. the loan had a duration of ten years and an interest rate of 7.1%, compounded monthly. roderigo will allow interest capitalization. if roderigo made monthly payments to pay off his loan, how much interest did he pay in total? round all dollar values to the nearest cent. a. $4,547.02 b. $3,426.20 c. $7,353.80 d. $5,436.20 please select the best answer from the choices provided a b c d
Roderigo will pay $7353.80 in interest. Unpaid interest is capitalized when it is applied to the principal of your student loan
What is Interest capitalization?Unpaid interest is capitalized when it is applied to the principal of your student loan. Your lender has the right to capitalize any unpaid interest on your federal student loan when it isn't paid as it accrues (during the times when you are in charge of paying the interest). Capitalization is the process through which accumulated interest is added to the loan's main sum. When payments are delayed during times of deferment or forbearance and accumulated interest is capitalized, the principle balance of a loan rises. Making payments on your interest before the normal loan payments are due is one approach to prevent capitalization on your unsubsidized loans.Since interest is capitalized, or added to the principal amount, the compound interest formula will be used first.
Formula for compound interest is:
[tex]$p\left(1+\frac{r}{n}\right)^{n t}$[/tex]
p = 8575
r = 7.1% or 0.071
n = 12
t = 4
Putting the values in formula we get;
[tex]$$8575\left(1+\frac{0.071}{12}\right)^{18}$$[/tex]
Solving this we get;
Amount [tex]$=\mathbf{\$ 1 1 3 8 1 . 9 4}$[/tex]
For the next part we have EMI formula as:
[tex]$\frac{\frac{p \times r \times(1+r)^n}{(1+r)^n-1}}{p=11381.94}$[/tex]
[tex]$r=7.1 / 12 / 100=0.005917$[/tex]
[tex]$n=12 \times 10=120$[/tex]
[tex]$\frac{11381.94 \times 0.005917 \times(1+0.0059147)^{120}}{(1+0.005917)^{120}-1}$[/tex]
[tex]$=\frac{11381.94 \times 0.005917 \times(1.005917)^{120}}{(1.005917)^{120}-1}$[/tex]
EMI = $132.74
Now total payments made in 120 months (10 years) = dollars
Now, interest paid =15928.80-8575=7353.80 dollars
Hence, Roderigo will pay $7353.80 in interest.
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if the reserve requirement is 20 percent, banks hold no excess reserves, and the central bank purchases $100 million worth of bonds on the open market, how will the monetary base change? (5 points)
If the reserve requirement is 20 percent, banks hold no excess reserves, and the Federal Reserve purchases $100 million worth of bonds on the open market. The monetary base change will decrease by $100 million.
The amount of money a bank has to have on hand in order to satisfy its legislated reserve requirement is known as the deposit multiplier or simple deposit multiplier.
A bank's "checkable" deposits cannot be for a sum greater than the sum of the bank's reserves multiplied by the deposit multiplier. Accounts against which checks may be drawn using funds lent by the bank are known as checkable deposits.
Therefore, The monetary base change will decrease by $100 million.
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For long term success, what type(s) of motivation is/are necessary?
a. intrinsic
b. extrinsic
c. mostly extrinsic
d. intrinsic and extrinsic
You have just finished paying off your $35,125 loan, a feat which took ten years of quarterly payments. the loan had an interest rate of 7.44%, compounded quarterly. if you also paid $5,180.70 in service charges, what percentage of the total cost was made up by your finance charges? round all dollar values to the nearest cent. a. 25.69% b. 36.47% c. 57.41% d. 27.10% please select the best answer from the choices provided a b c d
The answer is 36.47 percentage of the total cost was made up by your finance charges.
We have to compute first for the total cost of the loan by obtaining the monthly amortization:
A= P/ [(1+ r/n)^n-1] /r(1+r/n)^n
where
P(loan amount ) = $35125 r(interest rate) = 7.44% n (compounding frequency) = 4 t (length of loan) = 10 years A = $1252.7Total cost = $1252.7x40=$50108
Computing the percentage of the finance charges,
Finance charge = debt charge + service charge
Finance charge% =($50108-$32125+$5180.7)($50108+$5180.7)x 100
=36.47%
Some loans take 30 years or longer to pay off, and the interest charges mount over time. Other loans may have shorter durations, but they are more expensive due to their high interest rates. It almost seems obvious to pay off high-cost debt as soon as you can, such credit card debt: It is not a good idea to pay the bare minimum. Paying off loans promptly can allow you to keep more of your lifetime income.
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swedish company asko, which prides itself on manufacturing and marketing some of the best-built and most prestigious appliances in the world, would most likely use which competition-oriented pricing approach?
above-marketing pricing. swedish company asko, which prides itself on manufacturing and marketing some of the best-built and most prestigious appliances in the world.
most likely use which competition-oriented pricing approach Marketing is the process of discovering, developing, and delivering value to a target market in the form of goods and services. Potentially including the selection of a target audience; the selection of specific attributes or themes to emphasize in advertising; the operation of advertising campaigns; attendance at trade shows and public events; the design of attractive products and packaging for buyers; the definition of terms of sale, such as price, discounts, warranty, and return policy; product placement in media or with people believed to influence the purchasing habits of others; contracts with retailers.
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Which of the following would NOT generally be a motive for a firm to hold inventories?
A) to decouple various parts of the production process
B) to provide a selection of goods for anticipated customer demand and to separate the firm from
fluctuations in that demand
C) to take advantage of quantity discounts
D) to minimize holding costs
E) to hedge against inflation
D) to minimize holding costs
To offer a variety of products to meet anticipated consumer demand and to protect the business from changes in that demand.
What does the public want?Consumer demand is a supply-based economic indication of a group's desire for a good or service. It helps to discover population-specific purchasing trends and acts as a representation of consumer purchasing behaviour. The other eight states of demand are negative demand, no demand, latent demand, falling demand, irregular demand, full demand, overfull demand, and unwholesome demand. Demand analysis is used to determine consumer demand for a product or service in a target market. Companies use demand research methods to determine whether they can successfully enter a market and generate the expected revenues to expand their business operations.
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which of the following statements concerning ethics is accurate? question 12 options: a) ethical behavior is important to investors, creditors, and other stakeholders. b) ethics is an obstacle to financial reporting. c) ethics is separate from the generally accepted accounting principles (gaap). d) ethical behavior has a negative impact on financial results.
When making decisions, especially those involving accounting, ethics should always be kept in mind because it sometimes requires making tough decisions under pressure. important for deciding on credit and investments.
What is the simple definition of ethics?Ethics examines the rationales behind our moral judgments in order to determine what is morally right or wrong, just or unjust. More broadly, ethics takes into account a person's freedom, responsibility, and sense of justice as well as how they interact with others and the natural world.
Why is morality significant?In order to speak the truth, maintain our word, or assist a stranger in need, we must follow ethical principles. Our everyday actions are guided by an ethical framework that assists us in making decisions with beneficial outcomes.
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Goods that are considered to be needs tend to be elastic when the price changes. inelastic when the price changes. elastic when the supply changes. inelastic when the supply changes.
Which statement best describes incentives?
Incentives are mostly positive.
Incentives are mostly negative.
Incentives can be positive or negative.
Incentives are neither positive nor negative.
Incentives can be positive or negative. Goods that are considered to be needs tend to be elastic when the price changes. inelastic when the price changes. elastic when the supply changes.
inelastic when the supply changes.In economics, goods are products that satisfy human desires and give utility, such as to a buyer purchasing a pleasing product. A frequent difference is drawn between products that can be transferred and services that cannot. A good is a "economic good" if it is valuable to people yet scarce in relation to demand, requiring human effort to get.Free things, on the other hand, are inherently abundant and require no intentional effort to get. Private goods are items held by individuals, such as televisions, living room furniture, wallets, cellular phones, and nearly anything else owned or utilized on a regular basis that is not tied to food.
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Based on the figure, an increase in ________ could cause the economy to move from point A to point D.
According to the graph, a rise in the price of oil might force the economy to shift from point A to point D.
What is an economy?The production, trade, and consumption of products and services all fall under the umbrella of an economy. It is generally referred to as a social domain that emphasizes the actions, discourses, and material manifestations connected to the production, use, and management of limited resources. If all of an entity's activities, such as the production, consumption, and trade of goods and services are taken into consideration, whether they be those of a nation or a small town, they are considered to have an economy.Each economy is different from the next. Each is shaped by the resources, culture, legal system, geographical location, and history that it has.The economy can be summed up in one sentence as the means through which people earn and spend money. Either a large or tiny economy exists.To learn more about economy refer to:
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Help needed....simple question to answer
The two places where what you type show up in a spreadsheet are the active cell and The formula bar. The answer is option D
What is Active cell in spreadsheet?The active cell is the selected cell where by data is entered when you start typing. It is surrounded by black border. It is only a cell can be active at a time.
What is Formula BarFormula Bar is where data or formulas you enter into a worksheet appear for the active cell. The formula bar shows the content of the cell that is active or selected in Excel
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you ensure there are enough contigency reserve in terms of money available if a threat occurs. this is and example of
You ensure there are enough contingency reserves in terms of money available if a threat occurs. This is an example of a model to develop and use the risk of contingency reserve.
The Strata Property Act requires strata corporations and sections to have contingency reserve funds (CRFs) to cover common expenses that occur less than once a year or do not occur at all. CRF expenses can include things like replacing a roof, updating an elevator, or repaving a road.
As part of the risk response plan, a contingency reserve is used when a risk occurs. The actual cost or schedule impact of the risk is added, forecasts are adjusted, and the contingency reserve is reduced. The baseline, on the other hand, remains constant.
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Joe, a technician, has his daily plans forwarded to him by his supervisor. Upon arrival to the second support call of the day, Joe realizes the issue will require much more time than initially scheduled, and several support calls will not be completed. Which of the following would be the appropriate action for Joe
Joe should get in touch with his supervisor so that the supervisor can adjust the schedule.
What does a supervisor do?The daily performance of employees is monitored by a supervisor. A supervisor could be in charge of an entire department, a team, or a shift, depending on the business. Supervisors that are successful are good communicators and organizers. These abilities aid them in communicating information from top management to staff members and expressing the performance or needs of their teams to senior managers. Most of the time, supervisors are specialists in their industry and can therefore effectively oversee daily operations.
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