Answer: Business is an economic activity that involves the exchange, purchase, sale or production of goods and services with a motive to earn profits and satisfy the needs of customers. Businesses can be both profit or non-profit organizations that function to gain profits or achieve a social cause respectively.
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Explanation:
If GNP is $200 billion, receipts of factor income from the rest of the world are $10 billion, and payments of factor income to the rest of the world are $30 billion, then GDP is
Answer:
$220 billion
Explanation:
GNP is $200 billion
Factor income from the rest of the world is $10 billion
Factor income to the rest of the world is $30 billion
Therefore the GDP can be calculated as follows
= $200 billion + (30 billion- 10billion)
= $200 billion + 20 billion
= $220 billion
Hence the GDP is $220 billion
You have three separate accounts with your bank that you can manipulate with online banking. Account "A" is a checking account with a $5,245.50 balance, Account "B" is a personal savings account with a $12,850.25 balance, and account "C" is a joint college savings account with your 12-year-old son. You move $2,500 from account "B" to account "A" to cover an unexpected bill. You also move 1.5% of the remaining balance in account "B" to account "C". What is left in account "B" after these transfers? A) $10,195 B) $10,350 C) $15,550 D) $25,000
Answer:
A) $10,195
Explanation:
This can be calculated as follows:
Amount in Account "B" = $12,850.25
Remaining balance after moving $2,500 from Account "B" to account "A" = Amount in Account "B" - $2,500 = $12,850.25 - $2,500 = $10,350.25
Amount moved from account "B" to account "C" = Remaining balance after moving $2,500 from Account "B" to account "A" * 1.5% = $10,350.25 * 1.5% = $155.25
Balance after moving 1.5% of the remaining balance in account "B" to account "C" = Remaining balance after moving $2,500 from Account "B" to account "A" - Amount moved from account "B" to account "C" = $10,350.25 - $155.25 = $10,195
Therefore, the correct option is A) $10,195.
What is a major goal of ecotourism
Answer:
One of the main goals of ecotourism is to increase the awareness tourists have about the social conditions surrounding a travel destination. Such conditions as poverty are often hidden from tourists. Ecotourism aims to expose tourists to the realities of social and economic climates in an area.
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Explanation:
Answer:
a major goal is to create experiences that benefit everyone equally, not just the tourist and stakeholders.
Why is education considered as foundation of any profession
Answer:
see below
Explanation:
Education is important for all careers. It all allows access to quality learning, acquiring skills and knowledge, and people skills that employers consider mandatory. Today, all careers and professions require a minimum level of education as a prerequisite for employment.
Education helps one identify their talents, which facilitates selecting suitable careers. Education provides the chance for one to follow a career path that leads to their preferred profession. One studies the subjects that interest them and the ones that lead to desired careers.
Education exposes one to different career opportunities. Through guidance and counseling, and personal preferences, one is able to identify and select a career of their choice.
Different careers require different educational levels. Appreceiteroship is also part of education. One learns from an established professional. Some career such as medicine and architecture requires many years of education.
When does information become as liability for an organization
Answer:
after college hope it help :)
Explanation:
Answer:
when it is not managed properly
Explanation:
PLATO
plz help me wit dis ill give robux XD lol
Answer:
I'm going to guess here and say efficiency, trustworthiness, and patience
Answer:
efficiency
trustworthiness
courteousness
patience
Explanation: cause i got it right and stop lying curious george goku
appraisal report must include a disclosure of the scope of the work that: the client requested at the time of the assignment. the appraiser performed in the assignment. the client requested upon completion of the assignment. the appraiser determined to be appropriate at the start of the assignment.
Answer:
The correct answer is the appraiser performed in the assignment.
Explanation:
In order to appraise, or evaluate someone's work, the report must include all details of the work performed. Otherwise, how else would that finished job be evaluated? It's important to describe the work done in order to determine how well or how badly the appraiser performed in the assignment, according to the appraisal report.
Find the value of y from the following observations if these are already arranged in ascending order. The Median is 63.
20, 24, 42, y , y +2, 73, 75, 80, 99
Answer:
answer is 62
Explanation:
median=(N+1)/2
= (8+1)/2
=4.5
So we have,
median=4.5th item
or,63= (4th item+5th item)/2
or, 63= (y+y+2)/2
or,63×2= 2y+2
or,126=2y+2
or,126-2=2y
or,124=2y
or,124/2=y
or,y=62
Chez Dove is an independent coffeehouse/bookstore that went bankrupt only eight months after opening due to an unexpected demand for cash to fix a leaking roof. Better cash _____ might have allowed the business to continue operation.
Answer:
Management
Explanation:
Better cash management ensures survival of any firm if well handled and managed.
A Cash Management Strategy includes the use of Banks, Saving & Loan Associations, Credit Unions, and other financial institutions provide a variety of financial services or the use of Account services provide customers with online banking offering deposits, investments, credit cards, loans, mortgages, rewards programs and others.
Effective Cash Management Rules involves: balancing your checkbook regularly and Pay your bills on time
And others.
Business is termed as the economic activity that includes the transactions of the exchange of goods and services in terms of cash or monetary currencies. These transactions are possible only by the existence of financial transactions.
The correct answer for the blank is Management
Banks, Savings banks, Credit Unions, and other financial institutions provide a variety of financial services, while Accounts services give consumers access to internet transactions that include deposits, investments, lines of credit, loans, mortgages, or reward schemes, among other things.
Consistently balancing your ledger and paying your payments on time are two effective cash management rules.
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Monopolistically competitive firms do not achieve allocative efficiency because the _____. Multiple choice question. price for a monopolistically competitive firm is lower than the average cost output produced is less than optimal and consumers pay a lower than competitive price, causing inefficient use of resources for society output produced is more than optimal and consumers pay a lower than competitive price, causing inefficient use of resources for society price for a monopolistically competitive firm exceeds the marginal cost
Answer:
price for a monopolistically competitive firm exceeds the marginal cost
Explanation:
Monopolistically competitive firms do not achieve allocative efficiency because the "price for a monopolistically competitive firm exceeds the marginal cost"
Allocative efficiency is known to be an economic concept which actually regards efficiency at the societal level. This usually refers to the production of the optimal quantity of some output. The quantity produced is actually the marginal benefit of one more unit which the society enjoys and which is equal to the marginal cost.
In a monopolistically competitive industry, they will produce a lower quantity of a good and then their prices will be higher than would a perfectly competitive industry. A monopolistic competitive firm’s demand curve actually slopes downward. This then means that it will charge a price that exceeds marginal costs.
If the level of activity increases within the relevant range Group of answer choices Variable cost per unit and total fixed costs also increase Fixed cost per unit and total variable cost also increase Total cost will increase and fixed cost per unit will decrease Variable cost per unit and total cost also increase.
Answer:
Total cost will increase and fixed cost per unit will decrease V
Explanation:
Five business ideas that interest me are starting a pet sitting service, opening a place that help disabled pets, opening up a place that can provide care for the mentally challlenged, starting a daycare service, and starting a service that helps parents with mentally challenging children. I think the best opportunity for me is to start a pet sitting service since it has a low startup cost, I can coose when I work and how many animals I have at a time. I can also work a job while doing this on the side, or until this grows enough to support me.
Explanation:
This can be an interesting idea to start entrepreneurship, since starting a pet sitter service just requires liking animals and publicizing the service, which can be done for free through social media. I believe this is a good opportunity to learn more about managing your own business, meeting a new network of people and understanding the service market, as well as being a source of extra income.
Entrepreneurship is all about identifying people's needs and turning them into products and services that can be profitable, in addition to being a great tool to assist in the development of individual skills, market knowledge, innovation capacity, etc.
What are two examples of Intellectual property?
Answer:
Intellectual property (IP) refers to creations of the mind, such as inventions; literary and artistic works; designs; and symbols, names and images used in commerce.
Explanation:
Ryan is a technical expert from whom the employees in an organization often seek suggestions when they face any technical issues at work. The network thus formed is an example of a(n) _____ network.
Answer:
Advice
Explanation:
Since in the question it is mentioned that the ryan who is a technical expert from whom the employees also take the suggestions when they are facing any kind of technical issue at their work place. So here the network is formed this network would become an example of an advice network where the technical expert give the suggestions to solve out the technical issue so that the problem could get solved
What is likely consequences of introducing an export subsidy paid to domestic producers to protect against foreign producers?
A.increase the price of goods and services
B.it will rise revenue for the government
C.it provides an. incentive for products to be efficient
D.it reduces the domestic producers’ costs of production and this enable to domestic producers to reduce the selling price in order to stay competitive
Which of the following statements about traditional IRAs is TRUE?
Taxable invelliment income, such as interest, dividends, and capital gains, will qualify as compensation for the purpose of contributing to an IRA.
Taxpayers may be able to reduce their tax liability by contributing to an IRA after the tax year has ended.
Taxpayers with a timely filed extension have until October 15 of the tax year to establish and contribute to an IRA.
Taxpayers who participate in an employer-sponsored retirement plan are prohibited from contributing to an IRA.
Mark for follow up
Answer:
Taxable investment income, such as interest, dividends, and capital gains, will qualify as compensation for the purpose of contributing to an IRA.
Explanation:
A traditional individual retirement account (IRA) is an investment account that offers tax-advantaged retirement savings. This means that contributions to a traditional IRA are not taxed at the moment of contribution but rather at the time of withdrawing. An IRA is held in the individual person's name and may exist in place of an employer-sponsored retirement account.
Interest or capital gains from the investments activities are considered as income in IRA accounts. Any taxes due is deferred to the time of withdrawal, just like all other contributions.
Taxable investment income, such as interest, dividends, and capital gains, will qualify as compensation for the purpose of contributing to an IRA. Thus, option A is appropriate.
Investments are made with the intention of creating income or profit in the future. They are typically made with money. In plain English, it entails investing money in a business or asset with the hope of receiving a return on the investment.
Investments are traditionally defined as "commitments of resources to realize benefits in the future." If money is involved, an investment represents a "commitment with the goal of receiving more money later."
Thus, option A is correct.
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Question 1
1 pts
Which of the following can help a salesperson distinguish between a buyer's wants and needs?
O lead generation
O prospecting
O a needs assessment
a buyer's wish list
Using the SMART goal-writing criteria, what refers to answering the six "w" questions?
Specific
Measurable
Attainable
Realistic
Explanation:
specific is the right answer
Answer:
specific
Explanation:
Expansionary fiscal policy is used by the government to A. control inflation. B. reduce the national debt. C. create new jobs in the economy. D. reduce the budget deficit.
Answer:
Option C: Create new jobs in the economy
Explanation:
Fiscal policy is a federal government ability to keep the economy stable through highing or lowering taxes or government spending.
Expansionary Fiscal Policy is simply described as the higher rate in purchases by government, lower rate in net taxes that is targeted soas to bring about higher aggregate demand enough to lower unemployment back to equilibrium. Government aim to reduce unemployment by providing more jobs for the people.
Expansionary fiscal policy aim to decrease unemployment byincreasing government spending and/or lowering taxes.
Wendy has a monopoly in the retailing of motor homes. She can sell five per week at $21,000 each. If she wants to sell six, she must charge $20,000 each. The quantity effect of selling the sixth motor home is
Answer:
$20,000
Explanation:
Based on the information given we were told that If she wants to sell six motor home she have to charge the amount of $20,000 for each of them which means that the QUALITY EFFECT of selling the sixth motor home is $20,000 which is the amount we were told she must charged If she wants to the sell six motor home.
Therefore The quantity effect of selling the sixth motor home is $20,000
At what production level are you making the greatest profit?
Answer:
Pair 3 and 4 marginal cost of production are the lowest, so probably 4 is your answer.
Explanation:
Suppose that a competitive firm hires labor up to the point at which the value of the marginal product equals the wage and that labor is the only input that varies for the firm. If the firm pays a wage of $700 per week and the marginal product of labor equals 35 units per week, then the marginal cost of producing an additional unit of output is
Answer:
$20
Explanation:
Calculation for the marginal cost of producing an additional unit of output
Using this formula
Marginal cost=Wage per week/Marginal product of labor
Let plug in the formula
Marginal cost= $700 per week/35 units per week
Marginal cost= $20
Therefore the marginal cost of producing an additional unit of output is $20
Many catalog companies create special-run issues based on what customers have purchased in the past. For example, customers who frequently order bedding items like sheets and pillows receive a catalog with a larger section of bedding items than do customers who mostly order kitchen tools. These special issues are an example of
Answer:
customer relationship management.
Explanation:
Note, the application of customer relationship management allows a business organization to easily monitor their customer's buying bahavior in the past in other to properly attend to their future needs.
By tracking customers who frequently order bedding items like sheets and pillows, the organization (by means of customer relationship management) was to able to study trends in their buying behavior in other efffectively market their products to the consumers.
What is the effect of credit card interest on the real cost of items?
Answer:
Credit card interest rates, also known as finance charges, vary from one card issuer to another and may also vary across different credit cards from the same issuer. Before getting a credit card, you must be aware of the interest rate charged on it. Unlike other loans, credit card interest rates are usually not linked to the user’s credit score and repayment capacity. Every credit card has a preset finance charge and it will be the same for all the customers.
The most important point to note here is that interest is charged on credit cards only if you have not paid the outstanding amount in full or withdrawn cash from ATMs using the credit card. No interest is charged when you clear your credit card dues on time.
The decrease in total surplus that results from a market distortion, such as a tax, is called a a. consumer surplus loss. b. wedge loss. c. deadweight loss. d. revenue loss.
Answer:
Option "C" is the correct answer to the following question.
Explanation:
Dead-weight loss : A dead-weight loss seems to be a burden or tax or pay to society generated by the ineffectiveness of the economy, which arises when market forces are out of control. Dead-weight loss may be attributed to any deficit caused by an inadequate redistribution of capital primarily used of economy.
The liquidity preference model: a uses the demand and supply of money to determine the level of potential output. b uses the demand and supply of money to determine the unemployment rate. c uses the demand and supply of money to determine the interest rate. d uses the demand and supply of money to determine nominal output. e uses the demand and supply of money to determine the price level.
Answer:
uses the demand and supply of money to determine the interest rate.
Explanation:
The liquidity preference theory was developed by John Maynard Keynes.
The theory postulates that investors should ask for a higher interest rate the longer the duration of the investment is. The higher interest rate is to compensate investors for lack of liquidity.
According to this theory, the interest rate on long term investments would be the highest, followed by medium term investments. Short term investments would have the lowest interest rates
If an economy's MPC is 0.95 and the marginal propensity to import is 0.15, then an increase in government spending of $1,000 will increase income by Group of answer choices
Answer:
Income will increase by $5,000.
Explanation:
From the question, we have:
MPC = 0.95
MPI = marginal propensity to import = 0.15
Amount of increase in government spending = $1,000
Therefore, we have:
Multiplier with imports = 1 / (1 - (MPC - MPI)) ....................... (1)
Substitute the values into equation (1), we have:
Multiplier with imports = 1 / (1 - (0.95 - 0.15)) = 1 / (1 - 0.80) = 1 / 0.20 = 5
Therefore, we have:
Amount of increase in income = Amount of increase in government spending * Multiplier with imports = $1,000 * 5 = $5,000
Therefore, income will increase by $5,000.
Type the correct answer in the box. Spell all words correctly.
Which customers help in the profitability and growth of an organization?
Both external and [ }customers help in the profitability and growth of an organization in a direct or indirect manner.
Answer:
Both external and Internal customers help in the profitability and growth of an organization in a direct or indirect manner.
Explanation:
External customers refer to the people who pay for goods and services. Their relationship with a business is through the purchasing of goods or services. A business produces goods and services targeting to sell them to external customers. They are also known as clients.
Internal customers are people that have a relationship with the business. They could be employees, trade partners, investors, and shareholders. Internal customers facilitate the smooth running of a business. They make it possible for a business to avail its products and services to external customers. Internal customers may buy or not buy from the business.
Answer:
internal
Explanation:
Just took test 5/5
Relationship between technology and technical profession with example
Answer:
A technical position will use technology. For example, a programmer will utilize computer languages such as Java to write code to run on a variety of devices: cell phones, tablets, and laptops. A knowledge of how thinking and hardware interact is absolutely necessary.
Besides the dollar cost, what other costs should you consider when comparing alternative solutions to a problem or goal?
Answer:
Management alternatives could be compared based on how they impact ... Ultimately, identifying a widely acceptable solution requires that each ... It might be agreed that the cost elements of the decision problem are ... It may be desirable during a later step in the decision process to convert other impacts into dollars.
Management cost should be considered when seeking for solutions to a problem or goal.
Dollar cost in this context means cost of purchasing (i.e. fixed cost) to achieve a solution to a problem or goal.
For instance, when a person plans to establish a Private Kindergarten school, the dollar cost will include cost of rent, desk, chairs and etc.
However, the other cost one should consider is the Management cost will will help to achieve the goal. The more qualified and equipped the management, the higher the possibility of achieving the solution to a problem.
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