Macy offers to sell his fitness watch for $50 to Nona. Nona promises to pay Macy the price. Later, they exchange the watch for the funds. A contract was created when a. Macy delivered the watch. b. Nona paid for the watch. C. Macy offered to sell the watch. d. Nona promised to pay for the watch.

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Answer 1

A contract was created when a Nona promised to pay for the watch. Thus, option D is correct.

What is contract?

A contract is a legally binding commitment between two or more parties that establishes, defines, and controls their mutual rights and duties. A contract usually involves the exchange of products, services, or money, or the promise to exchange any of these at a later period.

Contract is basically the agreement which took place between Macy and Nona. Agreement is implied as a promise that Nona gives to Macy in order to pay the money for receiving the watch.

Therefore, it can be concluded that When a Nona committed to pay for the watch, a contract was formed. As a result, option D is correct.

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55.6% complete question an increase in current prices will most likely: a. decrease real gdp. b. increase real gdp. c. increase the gdp deflator.

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An increase in current prices will most likely c. increase the GDP deflator.

Employers are mentioned in the workforce trend. As the company seeks to create new methods for success, the workplace is a dynamic environment that constantly changes. Every firm anticipates improving its current procedures.

These changes would have an impact on how the company functions as well as how people behave. The changes that have occurred in the workplace over time are known as workforce trends.

Employers should keep a close eye on workplace developments so they can gauge how the changes will impact their operations. Trends are easier for management/employers to understand, and they are then adopted. A few examples of workforce trends include better benefits, encouraging employees to have a flexible work-life balance or even modernizing cubicles by transitioning to an open-concept floor design.

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(complete question)_

an increase in current prices will most likely: a. decrease real gdp. b. increase real gdp. c. increase the gdp deflator.

Employers are mentioned in the workforce trend. As the company seeks to create new methods for success, the workplace is a dynamic environment that constantly changes. Every firm anticipates improving its current procedures.

These changes would have an impact on how the company functions as well as how people behave. The changes that have occurred in the workplace over time are known as workforce trends.

Employers should keep a close eye on workplace developments so they can gauge how the changes will impact their operations. Trends are easier for management/employer to understand, and they are then adopted. A few examples of workforce trends include better benefits, encouraging employees to have a flexible work-life balance, or even modernizing cubicles by transitioning to an open-concept floor design.

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Breyer's introduced a new line of ice cream flavors for sale in elegant black containers. This was done on a limited scale to determine consumer reactions before national distribution of the product. Breyer's new product was in the __________ stage of the new-product process.
market testing

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Since most product ideas originate at the idea stage, it is frequently the most crucial phase of the brainstorming process for new products. In order to prioritize ideas in this first step, it is occasionally helpful to conduct a SWOT analysis (strengths, weaknesses, opportunities, and threats).

Making an idea into a usable software product is called new product development. The New Product Development (NPD) process focuses on snatching up market opportunities that are centered on customer needs, assessing the viability of the idea, and producing functional software. To develop a new product, a company must conduct its own research and development. New product development includes new products, product modifications, product improvements, and new brands.

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according to the (fill the blank) effect, an additional unit of output sold at a price above (fill the blank) cost increases the firm's profit.

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As per the applications of the marginal effect, an additional unit of output sold at a price above the production cost incurred by the firm will most likely result in an increase in its profits.

Production costs can be referred to or considered as the costs that are incurred by a firm to manufacture a finished good or service in order to make it available for being sold in the market of an economy that it operates in. Marginal effect is directly in relation to the profitability of the firm in the economy.

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Based on your understanding of the trade-off theory, what kind of firms are likely to use more leverage? O Firms with a higher proportion of variable-versus-fixed costs Firms with a higher proportion of fixed-versus-variable costs Based on your understanding of the capital structure theories, identify the best option for the missing part of the statement. Option 1 Option 2 According to signalling theory, a firm with a very positive outlook might tend to use debt financing ???? the normal target capital structure. Beyond Equal to A leveraged buyout (LBO) helps the firm ???? both its excess cash flows and managers' temptation to incur wasteful expenses. Reduce Increase Under the pecking-order hypothesis, a firm will raise capital by using its net i securitles, issuing debt, and then issuing stock as the last resort. This statement is ???? ncome, selling its marketable Several dominant theories try to explain why final managers make the capital structure decisions that they do. The following statement describes one such theory Consider this case: The firm's debt-equity decision finds the optimal balance between the interest tax shield benefits of debt financing and the costs of financial distress associated with issuing debt. Identify which of the two theories is described by the statement O Trade-off theory O Pecking-order hypothesis

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Based on the understanding of the trade-off theory, the kind of firms are likely to use more leverage is A. Firms with a higher proportion of variable-versus-fixed costs.

According to signalling theory, a firm with a very positive outlook might tend to use debt financing beyond  the normal target capital structure.

What is a leverage?

In finance, leverage is any technique that involves borrowing money to buy something with the expectation that future profits will be many times greater than the cost of borrowing.

Leverage is used by investors to increase their purchasing power in the market. Companies use debt to finance their assets rather than issuing stock to raise capital.

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the most likely outcome when both aggregate supply and aggregate demand increase is: a rise in inflation. higher employment. an increase in nominal gdp.

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As a result, a rise in household wealth causes the aggregate demand curve to move to the right. When both aggregate supply and aggregate demand grow, the most likely conclusion is an increase in inflation.

The entire quantity of demand for all completed products and services generated in an economy is measured as aggregate demand. The entire amount of money traded for such products and services at a certain price level and moment in time is referred to as aggregate demand.

What exactly is macroeconomic aggregate demand?

Aggregate demand is an economy's overall expenditure on domestic goods and services. The downward-sloping aggregate demand curve depicts the link between production price levels and overall economic spending.

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chang industries has bonds outstanding with a par value of $223,200 and a carrying value of $237,800. if the company calls these bonds at a price of $230,000, the gain or loss on retirement is:

Answers

The gain on the retirement of bond is $7800.

What is retirement?

Retirement is the process of abandoning one's employment, career, or active working life. A person can also semi-retire by reducing their workload or working fewer hours. Many people choose to retire when they become too old or physically unable of carrying out their employment tasks. However, some people are forced to retire because of legal requirements for their positions or physical restrictions that make it impossible for them to continue working. When a person is qualified for private or public pension benefits, they can also retire. Most countries first adopted the idea of retirement in the late nineteenth and early twentieth centuries. Today, the majority of industrialized countries have pension systems that are funded by the government or private sector and provide benefits when people retire and reach old age.

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boston corporation received $70,000 cash from issuance of notes payable. how is this to be reported on the statement of cash flows?

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The $70, 000 that Boston Corporation received from the issuance of notes payable is to be reported on the Statement of Cash flows as an increase in financing activities.

How are activities reported on the Statement of Cash flows?

The Statement of Cash flows is used to show the different transactions that a company engaged in that led to them either having to spend cash, or make cash. Just so long as actual cash was used in the transaction.

There are three main sections which are the Operating Activities, the Financing Activities and the Investing Activities. The Operating activities are only for transactions that saw cash being spent or made in the normal operations of the business such as the buying and selling of goods or services.

The financing activities is the section for the long term loans and equity transactions engaged in by the company. This means that the issuance of notes payables would fall here and so this is how Boston Corporation will report it.

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________________ is one problem with business-to-business e-procurement.

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Answer:

lack of system integration and standardization issues; immaturity of e‐procurement‐based market services and end‐user resistance; and maverick buying and difficulty in integrating e‐commerce with other systems. 

Lack of system integration, standardization challenges, the infancy of e-procurement-based market services, end-user opposition,

What are integrations?

Differentiation leads to integration. So, the integral of 2 can be 2x + 3 or 2x + 5 or 2x or whatever. As a result, a constant must be added when integrating. Therefore, 2x + c, where c is a constant, is the integral of 2. The process of combining smaller parts into a single, cohesive system is known as integration.

In order to streamline our supply chain, B2B ordering, buying, and requisitioning of services or items online is referred to as e-procurement.

A B2B eCommerce system, in general, streamlines the various purchasing processes and aids businesses in getting the services or goods they need without going over budget.

Therefore, the Lack of system integration, and standardization challenges

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in which situation do marketers attempt to place their ads in appropriate media contexts to enhance their effectiveness? a. communications b. purchase c. usage d. disposition e. preliminary

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Marketers try to place their ads in an appropriate media context to increase their effectiveness in situations a. communications

What is marketing?

Marketing is a total system of business activities designed to plan, price, promote and distribute goods and services that satisfy the needs of both present and potential customers. the marketing concept consists of product, price, promotion, place, people, process, and physical evidence.

While advertising is a message conveyed with the aim of introducing a product to an audience on a particular media platform. Advertising is an important instrument in the marketing process and is part of marketing promotion.

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zycon has produced 10,000 units of raw milk at a $15,000 cost. these units can be sold as is to another manufacturer for $20,000. instead, zycon can process the units further and produce yogurt. processing further will cost an additional $22,000 and will yield revenues of $35,000. identify whether each of the following is relevant or not relevant to the sell or process further decision.

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Cost relevant or irrelevant for decision making to sell or process further decision is explained below as two are relavant and one is not relavant.

$15,000 already incurred is not relevant because this is sunk cost. This cannot be avoided or changed. $20,000 selling price is relevant for decision making because this incremental revenue  is generated if goods are sold semi-finished.$22,000 additional selling price is for decision making because this cost is required for further processing and shall be incurred.$35,000 revenue from processing is relevant for decision making because this incremental revenue is generated if goods are after further processing.

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cayuga hardwoods produces handcrafted jewelry boxes. a standard-size box requires 15 board feet of hardwood in the finished product. in addition, 9.0 board feet of scrap lumber are normally left from the production of one box. hardwood costs $11.00 per board foot, plus $8.50 in transportation charges per board foot.

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As a result, each case typically costs $44 in direct materials.

If the finished product needs 8 board feet of hardwood to fit a standard-size package. In addition, the manufacture of one box often leaves 2 board feet of leftover lumber. The price of hardwood per board foot is $4.00 plus $1.50 for transportation.

Calculation:

We multiply the direct materials standard price of $4.00 (plus the transportation costs of 1.50 per board foot) by the direct materials standard quantity of 8 feet (8 board feet of hardwood in the finished product) per unit to arrive at the standard cost of direct materials for the jewelry box.

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By measuring and comparing per capita GDP data, economists can determine the extent that per capita GDP differs between the nations of the World. While this is useful information, which of the following is a valid criticism of comparing per capita GDP for this purpose?
A. national economies within the global economy are diverse
B. most comparisons between regions are admittedly rough
C. fails to capture diversity across the regions
D. fails to capture the precise standard of living
D

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The most suitable criticism of comparing per capita GDP for this purpose is D. fails to capture the precise standard of living. It is because there is a lot of tension created by several countries based on GDP capita data.

GDP or also known as Gross domestic product generally can be defined as a monetary measure of the market value of all the final services and goods produced and sold in a specific time period by countries. Due to its complex and subjective nature this measure is often revised before being considered a reliable indicator.

The formula of GDP is:

Gross domestic product = gross private investment + private consumption +  government spending +government investment +  (exports – imports).

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Suppose that over time, households used flash sale online retailers at an increasing rate. As a result the CPI is likely to be
overestimated because households would buy products at lower prices than those collected by the U.S. Bureau of Labor Statistics

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'Suppose that over time, households used flash sale online retailers at an increasing rate. As a result the CPI is likely to be overestimated because households would buy products at lower prices than those collected by the U.S. Bureau of Labor Statistics.

The Bureau of Labor Statistics is a division of the U.S. Department of Labor. It is the primary research agency of the United States government in the broad field of labor economics and statistics and serves as the principal agency of the United States Federal Statistical System.

The Bureau of Labor Statistics measures labor market activity, working conditions, price volatility, and productivity in the United States economy to support public and private decision-making.

The labor force is the sum of the employed and the unemployed, and the unemployment rate is the number of unemployed divided by the number of employed. An employee is a person who works at least one hour for her wages or for her own company at any time of the week, including his 12th day of the month.

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each task should be studied to determine the best way to perform it, according to which management approach

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Scientific management has at its heart four core principles that conjointly apply to organizations these days. They embrace the following: examine every job or task scientifically to see the “one best way” to perform the task.

As a result, the classical management theory developed from efforts to seek out the “one best way” to perform and manage tasks. This college of thought is formed from 2 branches: classical scientific and classical body, delineate within the following sections.

The contingency approach, typically referred to as the Situational Approach relies upon the premise that every one management is basically situational in nature. All selections by managers are going to be affected (if not controlled) by the contingencies of a given state of affairs. there's nobody great way to deal with any call.

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a successful new product development process requires a holistic approach that is . a successful new product development process requires a holistic approach that is . customer-centered, team-based, and systematic product-centered, targeted, and symbolic mission-driven, individualistic, and sustained production-oriented, team-based, and simple reach-oriented, tiered, and segmented

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The holistic approach to (A) customer-centered, team-based, and systematic. So that, the performance of the company will increase along with increased customer satisfaction.

In economic and business, A holistic business approach generally can be defined as a strategy that connects every department in an organization to help them work as one team. In the holistic business approach, in order to achieve an overarching organizational goal, all of the employees will work together. A holistic business approach also can be defined as an advanced framework that introduces the structure of processes and technology, an organization as an entity equal to individuals, rather than as an object to merely be observed.

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why might a company want to hedge its balance sheet exposure? what is the paradox associated with hedging balance sheet exposure?

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The paradox in hedging balance sheet exposure is that, by agreeing to receive or deliver foreign currency in the future under a forward contract, a transaction exposure is created.

A paradox is a logically self-contradictory announcement or a assertion that runs contrary to at least one's expectation.[1][2] it's far a declaration that, no matter apparently legitimate reasoning from genuine premises, results in a reputedly self-contradictory or a logically unacceptable end.[3][4] A paradox usually entails contradictory-but-interrelated factors that exist simultaneously and persist through the years.[5][6][7] They result in "chronic contradiction among interdependent factors" leading to an enduring "cohesion of opposites".

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What happens to real GDP, employment, and prices if government spending increases? Assume we start in a long-run equilibrium for the economy and go to a new short-run equilibrium. Real GDP rises, employment falls, and prices rise Real GDP rises, employment rises, and prices rise B Real GDP rises, employment rises, and prices fall Real GDP falls, employment falls, and prices fall

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When government increases its spending, it stimulates aggregate demand, and causes some real GDP growth.

That growth creates jobs, and more workers earn income.

That new income sparks greater consumer spending, which drives aggregate demand even more, and causes additional real GDP growth.

1-Provides a well functioning legal and political system:-

Any economy facing political or economic turmoil is not conducive to economic growth since it has very little trust in the economy. Moreover, there is uncertainty in the economy and people are also unwilling to invest. The government needs to make sure that there is a stable political environment. It’s very important on the part of the government to provide good legal and political framework.

2-Lays regulatory role to provide a competitive market:-

There should be certain regulations to ensure that the economy does not drift to the monopolistic situation. The government needs to think about trade policies with foreign countries, regulation on natural resources available in our country etc.

3- Stimulate the economy by increasing the government spending:-

This was one of the philosophies given by one of the renowned economist John Maynard Keynes. He was of the view that government’s role is very important when the economy is in recession or depression like situation and the government should increase spending to have a pickup in the economic activity.

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MatchPoint Racket Company manufactures two types of tennis rackets, the Junior and Pro Striker models. The production budget for March for the two rackets is as follows Junior Pro Striker Production budget 2,200 units 7,000 units Both rackets are produced in two departments, Forming and Assembly. The direct labor hours required for each racket are estimated as follows: Forming Department 0.10 hour per unit 0.15 hour per unit Assembly Department 0.20 hour per unit 0.25 hour per unit Junior Pro Striker The direct labor rate for each department is as follows: Forming Department Assembly Department $15.00 per hour $14.00 per hour

Answers

MatchPoint Racket Company manufactures two types of tennis rackets, the Junior and Pro Striker models numerical given below:

Direct labour Production Budget.

A. Junior.

Forming Department = 0.10 hours per unit

Assembly Department = 0.20 hour per unit

Direct labor rate: Forming Department = $15.00 per hour

Direct Labor rate: Assembly Department = $14.00 per hour

Labor cost per unit =

Forming = $15 x 0.1 =$1.5

Assembly = $14 x 0.2 = $2.8

Total Per unit = $4.3

Unit produced = 2,200

Labor cost for March = $9,460

PRO

Forming Department = 0.15 hours per unit

Assembly Department = 0.25 hour per unit

Direct labor rate: Forming Department = $15.00 per hour

Direct Labor rate: Assembly Department = $14.00 per hour

Labor cost per unit =

Forming = $15 x 0.15 =$2.25

Assembly = $14 x 0.25 = $3.50

Total Per unit = $5.75

Unit produced = 7,000

Labor cost for March = $40,250

B. MatchPro total labour costs

Forming = ($2.25 x 7,000) + ($1.50 x 2,200) = ($15,750 + $3,300) = $19,050

Assembly = ($3.50 x 7,000) + ($2.80 x 2,200) = ($24,500 + $6,160) = $30,660

Total = $49,710

Total produced = 9,200

Labor cost per Unit in forming= $2.07

Labor cost per Unit in Assembly = $3.33

Total Labor cost per unit = $5.40

C. Production hours required

Forming = (0.10 x 2,200) + (0.15 x 7,000) = 220 + 1,050 = 1,270 hours

Assembly = (0.20 x 2,200) + (0.25 x 7,000) = 440 + 1,750 = 2,190 hours

Total = 3,460 hours

Production hour per unit = 3,460 / 9,200 = 0.38 hours per unit

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employers are well within their rights to have policies indicating employees are expected to honor and maintain the secrecy of proprietary material. what is this known as? common law of agency duty of private information duty of loyalty duty of confidentiality

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Employers have the right to have policies indicating that employees are expected to respect and maintain the confidentiality of proprietary material. This is known as a confidentiality obligation.

A confidentiality obligation is an agreement that binds the parties involved not to disclose confidential information belonging to one party to another. This is because if confidential information is disclosed to other parties it can result in losses for the owner of the confidential information.

Confidentiality obligation have several important benefits that will benefit the company, namely:

Maintain confidential or sensitive information so that information leaks do not occur which will harm the companyMaintain the patent rights of a productProvide clear boundaries for employees, partners and all parties involved

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Gillette razors are priced using several pricing strategies. Match each pricing strategy with the appropriate example Captive-product pricing ✓ Choose A Gillette razor purchased at an airport shop is more expensive than the same razor purchased at Walmart Razors are cheap, but refill blades for the razors are expensive When you purchase a Gillette razor, buy a travel pouch for the razor at a discounted price A razor used by baseball star Derek Jeter is sold in an auction for $500 Optional product pricing By product pricing Choose Segmented pricing Choose Multiple Select: Disney World is a mature product and a cash cow. To prevent its potential decline in the product life-cycle, Disney runs a lot of commercials featuring Mickey Mouse showing you the fun times you could have in visiting Disney World again with your family. The commercials run throughout the year, though sometimes the amount of advertising can vary depending upon vacation season, weather and the economy. This example represents (select all that apply): Media scheduling based on flighting | Madison & Vine Use of a personality symbol Sales promotion Reminder advertising

Answers

Gillette razors are priced using several pricing strategies, such:

Captive-product pricing: Razors are cheap, but refill blades for the razors are expensive.Optional product pricing: When you purchase a Gillete razor, buy a travel pouch for the razor at a discounted priceBy-product pricing: A razor used by baseball star Derek Jeter is sold in auction for $500Segmented pricing: A Gillete razor purchased at an airport shop is more expensive than the same razor purchased at Walmart

The Mickey Mouse commercial showed by Disney is an example that represets:

Media scheduling based on flightingSales promotionReminder advertising

Let's discuss the Gillete case first.

From the question, we will discuss futher about each pricing strategy.

Captive-Product Pricing strategy is a pricing strategy to encourage consumers to buy additional products before able to use the main product.

Optional-Product pricing is almost similar to Captive-product pricing, however the type of the additional products offered are different. In optional-product pricing, the additional product is an optional or supplementary to the main product. Consumers still could use the product without purchasing the additional products.

By-product pricing is a pricing strategy which a secondary-by-product has significant value and this chance is being used by the manufacutrer to recoveriing some production costs by selling the by product.

Segmented pricing is a pricing strategy where a company charges different prices for the exact same product offered to different types of customers based on their ability and willingness to pay.

Now, let's discuss the options we have on Disney's case.

Flighting is and advertising scheduling strategy set to save money and optimize a product for its most marketable time frames. Most of seasonal products are promoted using this strategy.

Madison & Vine represents the merging of advertising and entertainment with goal to break through the clutter and create new avenues for reaching customes with more engaging messages.

Use of personality symbol is a marketing strategy where the marketer use familiar symbols like songs, musics, rythms, or wording to create familiarity between the targeted consumer with the products.

Sales promotion is a marketing strategy where a business uses a temporary campaign to increase awareness, interests, and demand of the products.

Reminder advertising is an advertising strategy aimed at reminding the target market to the product available.

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the financial crisis of 2008 demonstrated that activities such as trading in financial futures and interest rate swaps have low risk. group starts

Answers

It is false that financial crisis of 2008 demonstrated that the activities such as trading in the financial futures and interest rate swaps have a low risk.

What is financial crisis?

Financial crises are any of a wide range of events where certain financial assets unexpectedly lose a sizable portion of their nominal value. Banking panics were a common cause of financial crises in the 19th and early 20th centuries, and these panics frequently resulted in recessions. Stock market crashes, the deflation of other financial bubbles, currency crises, and sovereign defaults are further events that are frequently referred to as financial crises. While there is a direct loss of wealth on paper as a result of financial crises, there aren't always noticeable changes in the real economy. Many economists have put forth hypotheses regarding how financial crises arise and how they might be stopped. But there is no agreement, and financial crises still happen occasionally.

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the federal government and many state governments require corporations to pay income tax on their net income. assume that abc united is a corporation and owes $1,200 for federal income tax incurred which has been recorded as a liability. the journal entry to pay the $1,200 owed would be:

Answers

The journal entry to pay the $1,200 owed would be with respect to the Tax Payable and Cash.

What is a journal entry?

Journal entry is a form of bookkeeping whereby the amount of a transaction is debited from one institution and credited from another, recognizing both participants of something like the action and ensuring that the aggregate debits, as well as credits, are equal.

The journal entry with respect to the federal government payment of the tax and the payment of the tax.

Debit with the account of Income Tax Payable and the amount will be  $1,200

Credit with the account of Cash and the amount will be $1,200.

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bloomberg what does the release of earnings announcement shave in common with the release of sconomic indicators

Answers

Bloomberg release of earnings announcement have in common with the release of economic indicators is that "both are typically released on a quarterly basis."

What is Bloomberg?

Bloomberg is a major global provider of 24-hour financial news and information, including real-time and historic price data, financials data, trading news, and analyst coverage, as well as general news and sports. Its services, which span its own platform, television, radio, and magazines, offer professional analysis tools for financial professionals. One of Bloomberg's key revenue earners is the Bloomberg Terminal, which is an integrated platform that streams together price data, financials, news, and trading data to more than 300,000 customers worldwide.

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consider a bond that makes a series of annual coupon payments and matures in four years. how should the term structure be used to value the bond?

Answers

Zero-coupon bonds with a maturity matching every payment date ought to be used. A bond may be a certificate of indebtedness that gives a gradual financial gain stream to the capitalist within the kind of coupon payments.

To calculate the worth of a bond, add this price of the interest payments and this price of the principal you receive at maturity. To calculate this price of your interest payments, you calculate the worth of a series of equal payments every over time.

The only money payments the capitalist can receive from a zero-coupon bond area unit the interest payments that area unit paid up till the day of the month.

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suppose at the current quantity of apples produced and consumed, marginal social benefit exceeds marginal social cost. this could be caused by

Answers

Social advantage outweighs cost to society on a marginal level. Deadweight loss could be the reason for this.

How do you use the word consumed?

A small voice murmured a caution about the need that was consuming Lisa as she stared at the floor, overcome by loneliness. Dulce just shook her head as she sobbed uncontrollably. Natasha covered her lips and collapsed to the ground in a fit of silence.

What does consumed with my own life mean?

Consuming oneself or oneself, as in: taking up all of one's time and attention; dominating one's thoughts; being all-consuming. self-destructive wrath, passion, or desire. Your value your consuming enthusiasm or interest above all else.

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Game TheorySuppose there are only two automobile companies, Ford and Chevrolet. Ford believes that Chevrolet will match any price it sets, but Chevrolet too is interested in maximizing profit. Use the following price and profit data to answer the following questions:Ford’s Selling Price in $ Chevrolet’s Selling Price in $ Ford’s Profit in $ (millions) Chevrolet’s Profits in $ (millions)4000 4000 8 84000 8000 12 64000 12000 14 28000 4000 6 128000 8000 16 108000 12000 12 612000 4000 2 1412000 8000 6 1212000 12000 7 7The sellers (S1 – Ford and S2 – Chevrolet) each have three possibilities for price. P1 = $4000, P2 = $8000, and P3 = $12,000S2 CHEVROLETP1 $4000 P2 $8000 P3 $12000S1 FORDP1 $4000 8, 8 12,6 14,2P2 $8000 6,12 10,10 12,6P3 $12000 2,14 6,12 7,7a) What price will Ford charge?b) What price will Chevrolet charge once Ford has set its price?c) What is Ford’s profit after Chevrolet’s response?Ford’s profit would be $8 milliond) If the two firms cooperate to maximize joint profits, what prices would they set?e) Given your answer to part (d), how could undetected cheating on price cause the cheating firm’s profit to rise?

Answers

Ford, after viewing Chevrolet's pricing setting, will consider what they would charge. Both parties will decide on a price in order to maximize their profits. The easiest way for Ford to respond is to charge P1, or whatever amount Chevrolet will. Ford's best reaction if Chevrolet will charge P1, P2, or P3 is P1.

This is thus because Ford always makes more money at Price P1. Ford will thus charge a $4000 fee.

b) Chevrolet's best answer after Ford set the price at P1 is to charge P1 as well. This is so that Chevrolet may profit from charging P1 if Ford does. Chevrolet also decides to charge $4000 as a result.

c) As a result, charging P1 is the ideal way to deal with both producers. According to the reward matrix presented above, a strategic combination of P1 and P1 will result in a profit of $8 million for both producers. Consequently, with Chevrolet's answer, Ford would make $8 million in profit.

d) If the two businesses work together to increase earnings, they will both select the same pricing. In such instances, they can select P1, P2, or P3 as their option. Depending on the money they stand to make. They both decide on P2, or $8000, in order to maximize their profit. In such instances, they both stand to gain a maximum of $10 million in earnings.

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2. question 12 scenario 2, continued the community garden grand opening was a success. in addition to the 55 donors food justice rock springs invited, 20 other prospects attended the event. now, tayen wants to know more about the donations that came in from new prospects compared to the original donors.

Answers

The percentage of contribution from the prospects is 36%

Percentage:

The basic work of percentage is to compare one quantity against another, with the second quantity rebased to 100.

Given,

The community garden grand opening was a success. in addition to the 55 donors food justice rock springs invited, 20 other prospects attended the event. now, Taye wants to know more about the donations that came in from new prospects compared to the original donors.

Here we need to find the percentage of contribution from the prospects.

In order to calculate the percentage of contributions from prospects, the correct query is,

=> (Total prospects / Total donors * 100)

While we looking into the given question we have identified that,

Total prospect = 20

Total donors = 55

Then the percentage of contribution is,

=> (20/55) x 100

=> 0.36 x 100

=> 36%.

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what types of information does managerial accounting provide? (check all that apply.)

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The types of information that managerial accounting provides are

financialnon-financialinformation for internal decision makers

What is Managerial Accounting?

Managerial accounting describes the process of identifying, measuring, analyzing, interpreting, and communicating financial information to managers for the aim of attaining the set goals of an organization.

Financial information refers to the record of the financial transactions of a person or an entity. This information provides details of the financial standing of the person or entity.

 Managerial accounting therefore implies that it provides both financial and non financial information and also provides other information necessary for decision making.

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which of the following is not a key principle of tqm? group of answer choices management commitment employee empowerment inventory management customer focus

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An element which is not a key principle of TQM is: C. inventory management.

What is TQM?

TQM is an abbreviation for total quality management and it can be defined as a management framework that is typically focused on achieving long-term success, especially through the satisfaction of customers based on the efforts of all the members of staff (employees) in a business organization.

The key principle of TQM.

Generally speaking, there are eight (8) key principles of total quality management (TQM) and these include the following:

Management commitment and communications.Employee empowerment Customer focusProcess approachIntegrated systemStrategic and systematic approach.Continual improvement.Fact-based decision-making.

In conclusion, inventory management is not considered as one of the key principles of total quality management (TQM).

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which of the following combines some of the operating characteristics of an open-end fund with some of the trading characteristics of a closed-end fund?

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A type of pooled investment security that combines some of the operating characteristics with the trading characteristics is called as Exchange Traded Fund. Exchange Traded Fund combines an open-end fund with a closed-end fund.

An exchange-traded fund generally can be defined as a type of exchange-traded product and also investment fund , i.e. they are traded on stock exchanges. An exchange-traded fund or known as ETF also can be defined as a type of pooled investment security that operates much like a mutual fund. The example of exchange-traded fund is The SPDR S&P 500 (SPY).

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