The given statement about the law of demand is false and the appropriate law is explained below.
What is Law of Demand?This refers to the economic principle which states that when there is an increase in demand for a product, then the price of the good will decrease.
With this in mind, we can see that the law of demand works with the supply of goods as if for example there is an increase in price for a particular bar of soap, then the demand reduces.
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Ali make a profit of $50.00 on a shirt. He bought it for $72.00. How much did Ali sell it for?
Answer:
$122
Explanation:
Given that Ali bought a shirt and profited from it, we can expect that Ali sold the original shirt for more than its value.
Reselling Price: 72 + 50 = 122
Final Profit: 122 - 72 = 50
profit=50.00
cp=72.00
loss =?
we know that,
profit =cp-sp
50.00=,72.00-sp
72.00+50.00
SP=122
When and where were the first vending machines introduced in the united states?.
Siddhara earns $70,000 a year, which is the amount she wishes to earn. Her title is assistant manager, but she would like to be supervising manager. Her boss offers her a raise but no change in job title, which disappoints siddhara and leaves her feeling somewhat dissatisfied with her job. This is an example of.
The process that leaves Siddhara feeling somewhat dissatisfied with her job is an example of Value percept theory .
What is Value percept theory ?The value-percept theory is a theory of job satisfaction, which states that job satisfaction is based on whether a particular job is able to supply those needs dear to an individual. In this theory, dissatisfaction is higher when there is a great difference between what the individual want what he or she has, that is the job is unable to meet or supply his or her wants.
In value-percept theory, the strongest sense of dissatisfaction is created when there are major differences between "wants" and "haves" and when the value in question is important.
Therefore, the process that leaves Siddhara feeling somewhat dissatisfied with her job is an example of Value percept theory .
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Electrum Electronics is planning its annual company sales meeting. The team in charge of the planning consists of members from several different offices. They need to have a conversation about creating the agenda for the sales meeting. Which communication channel should they use?
The best channel to be use is a conference call since the company need to have a conversation about creating the agenda for the sales meeting.
What is a communication channel?A communication channel refers to a various medium of information through which you can send a message are sent to the intended audience.
In conclusion, since the company need to have a conversation about creating the agenda for the sales meeting, the best channel to be use is a conference call
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Indicating when and how written and oral reports will be provided by the team, how team members will coordinate work, what messages will be sent to announce the project to interested parties, and what kinds of information will be shared with vendors and external contractors involved with the project describes: A. developing a Statement of Work B. determining project standards and procedures C. developing a communication plan D. setting a Baseline Project Plan
Answer:
hi yo Wassup
Explanation:
hi and should be therw see ya. did you know the song woman? by doja cat
Suppose the cost of flying a 400-seat plane for an airline is $250,000 and there are 6 empty seats on a flight. If the marginal cost of flying a passenger is $130 and a standby passenger is willing to pay $140, the airline should.
Answer:accept
Explanation:
they are willing to pay more then the regular price
If the marginal cost of flying a passenger is $130 and a standby passenger is willing to pay $140, the airline should accept and allot a seat to the passenger.
What is the significance of marginal cost?The marginal cost can be referred to or considered as the cost derived for production of an additional unit of a product and offering it for sale in the market of the economy in which it operates. As per the rule of equilibrium, a firm shall try to sell an additional unit over the marginal cost derived.
In the situation given above, the airline derives a marginal cost of $130 for an additional passenger, and he agrees to pay $140 for the seat, then by following the rule of equilibrium, it will be beneficial for the airline to accept his offer.
Therefore, the significance regarding a marginal cost has been aforementioned.
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In some countries, the work a person does is mandated by their parents. Please select the best answer from the choices provided T F.
Answer:
The statement "In some countries, the work a person does is mandated by their parents" is True. I hope my answer has come to your help. God bless and have a nice day ahead! Feel free to ask more questions here in Brainly.
Explanation:
Miguel was asked to improve his company's report format. Many employees and clients found the reports hard
so read. To increase readability, he used.
shorter lines
lots of white space
more special effects
columns
contrast
longer lines
boxes
In order to increase the readability, Miguel can use:
Shorter lines. Columns. Boxes. Improving readabilityMiguel can use shorter lines so that the chances of people getting lost when reading a sentence is reduced. He can also present the information in different columns for more organization.
Another way to organize the information can be in boxes. These can explain concepts away from the text so that the report is less cluttered.
In conclusion, there are several ways to increase readability.
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Which Diagram best illustrates the effects of economic growth on a business?
Answer: Economic growth increases Productivity increases
Explanation: I like nachos
Apple and samsung have waged a lengthy battle over ownership of specific technological innovations in the smart phone market. They are _______.
Competitions exist in market, Apple and samsung are brand competitors hence, have waged a lengthy battle over ownership of specific technological innovations in the smart phone market.
Who are brand competitors?Brand competitors they are companies or firms that sells and market products that has similar functions and benefits to the same customers.
They sell at the same prices.
Therefore, Apple and samsung are brand competitors and the have waged a lengthy battle over ownership of specific technological innovations in the smart phone market.
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List the following documents in the order in which they are used when recording indirect labor costs in job order costing, with the first document on top.
-Time tickets
-Factory overhead ledger
-Allocated to specific jobs through factory overhead
Time tickets
Factory overhead
Allocated to specific jobs through factory overhead
The following documents in the order in which they are used when recording indirect labor costs in job order costing, with the first document on top.
Time ticketsAllocated to specific jobs through factory overheadFactory overhead ledgerWhat is the conclusion for job order costing?Conclusion. Job order costing is only valid for organizations based on customer requirements and where one job differs from another so that the cost can be calculated. It is costly because it necessitates the acquisition of skills and knowledge in order to identify, analyse, and control costs.
Any indirect material or indirect labor costs, as well as any other actual manufacturing overhead costs incurred during the period, are charged to the Manufacturing Overhead control account. Manufacturing overhead is applied at a predetermined rate to Work In Process.
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When gathering information, which of the following tasks might you need to
perform?
A. Seek out ideas from others and share your own ideas
О
B. Fill out forms, follow procedures, and apply math and science
C. Apply standards, such as measures of quality, beauty, usefulness,
or ethics
D. Study objects, conduct tests, research written materials, and ask
questions
Answer:
The answer is D
Explanation:
To gather information you have to study objects and conduct tests on them to gather results.
Firms achieve ___________ through efficient procedures and excellent supply chain management.
Firms achieve operational excellence strategy through efficient procedures and excellent supply chain management.
What is Operational excellence strategy?It is the execution of the business strategy in a more consistent and reliable way. It allows for excellent procedures or way to achieve results. hi
Therefore, Firms achieve operational excellence strategy through efficient procedures and excellent supply chain management.
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It is important for modern firms to build and maintain ______ by conducting ethical and transparent transactions.
The singular thing which is important for modern firms to build and maintain by conducting ethical and transparent transactions is:
Consumer trustWhat is Consumer Trust?This refers to the belief which a customer has in a particular business, usually because of its ethical and transparent practises.
With this in mind, we can see that if modern firms fail to build this consumer trust, then they stand the risk of losing their customer base to their competition.
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Use the above graph to answer the following question. Which situation could cause the market for mystery books to shift from line
2 to line 12
O An increase in the price of books
O A fire that destroys the paper factories
O Consumers expect prices for books to fall in the future
O A celebrity commercial encouraging reading
Companies that think carefully about the impact of sensations on product experiences are practicing ________. hedonic consumption need marketing want marketing sensory marketing
The companies that think carefully about the impact of the sensations are practicing sensory marketing.
What is sensory marketing?
This is the type of marketing that is done to make a product to be appealing to all of the five senses of a person that is to consume to the good.
The sensory marketing is correct here because the products are to be appealing to the senses.
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What kind of economy was host to self-sufficient colonists who produced everything that they needed at home
The kind of economy that hosted self-sufficient colonists who produced everything that they needed at home is Agricultural Economy.
What is an agricultural economy?An agricultural economy concentrates on the production of food items. The main activities in an agricultural economy is farming, fishing, and animal husbandry. Some agricultural economies engage in producing lumber.
Thus, the kind of economy that hosted self-sufficient colonists who produced everything that they needed at home is an Agricultural Economy.
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Business marketing fundamentally differs from consumer marketing in which way?.
The primary difference between the two is that c.Business marketing involves buyers who intend to resell the product or use it in the creation of other products.
What is business marketing?It involves selling goods and services to other businesses. Goods sold are often in large volume as they will be used in further production.The marketing here will therefore be more personalized than consumer marketing as marketers go to individual companies and try to convince them to buy from them or sell to them.
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When comparing the two income statements, the single-step income statement has an advantage over the multiple-step income statement, because
The advantage that single-step income statement has an over the multiple-step income statement is that they do not imply that one type of revenue or expense has priority over another.
What is an income statement?In accounting, an income statement means a financial statement that shows the firm's income and expenditures.
In conclusion, the advantage that single-step income statement has an over the multiple-step income statement is that they do not imply that one type of revenue or expense has priority over another.
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The processes an organization uses to evaluate and make decisions on the basis of right and wrong are collectively called the ______.
The process where an organization determine a decision whether right or wrong is called : Business ethics
What is business ethics?Business ethics are moral principles that guide the way a business conduct its business. This same business ethics principles determine an individual's actions and also apply to business dealings on a day to day basis..
Business ethics applies to all aspects of business conduct and is relevant to the conduct of individuals and entire organizations.
Therefore, the processes an organization uses to evaluate and make decisions on the basis of right and wrong are collectively called business ethics.
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The ____________ model of agenda setting focuses on the role of leaders in business, finance, media, and government.
A recent zoning amendment has changed the area zoning from commercial to residential. All of the commercial buildings within the area will now
If buildings are rezoned from commercial to residential then the commercial buildings will have to stop offering commercial services.
What is zoning?Refers to the classification of areas in the city for different purposes. Residential and commercial uses are the largest classifications.If a place is changed from commercial to residential, it means that commercial activities can no longer hold there so the commercial buildings will have to stop offering such services.
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If you were describing the layout of Charleston, you would most likely use the _____ organizational pattern.
The best organizational pattern to use when describing the layout of Charleston is spatial development because it will trace the origin of the layout.
What is an organizational pattern?An organizational pattern refers to a process that assists in structuring and organizing of one's thoughts, speech, ideas or presentation for an optimal impact on the audience.
Some type of organizational pattern includes:
chronological orderorder of importancecompare and contrastcause and effectbiographicalspatial developmentIn conclusion, the best organizational pattern to use when describing the layout of Charleston is spatial development because it will trace the origin of the layout.
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Assume that the marginal propensity to consume is 0.90. As a result of an increase in the tax rates, the government collects an additional $20 million. What will be the impact on gross domestic product (GDP)
The impact on gross domestic product (GDP) is: GDP will decrease by a maximum of $180 million.
Gross domestic product (GDP):First step:
rGDP = (MPC/MPS)change in taxes
Where:
MPC = .90
MPS = .10
rGDP = (MPC/MPS)change in taxes
rGDP=.90/.10
rGDP=9
Second step:
Gross domestic product (GDP)= (9)20 million
Gross domestic product (GDP)= 180 million (Decrease)
Inconclusion the impact on gross domestic product (GDP) is: GDP will decrease by a maximum of $180 million.
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AnMPC = .90
MPS = .10
rGDP = （MPC/MPS）税收变化
rGDP=.90/.10
rGDP=9swer:
Explanation:
Travel Time is an online travel site that assists customers in booking their vacations. They make advance bookings for the customers, notify them about any reductions in air fares immediately if and when they arise, and help them check the status of their bookings. This type of marketing strategy employed by Travel Time is an example of
The type of marketing strategy employed by Travel Time is an example of:
Right time marketingWhat is Marketing Strategy?This refers to the various ways in which a company advertises its products or services which appeal to the taste of a wide range of customers.
With this in mind, we can see that the type of marketing which was used by Travel TIme is the right time marketing which has to do with digital engagements which delivers marketing that is personalized to the customer.
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6. You are either only a natural saver or a natural spender. You cannot have a balance of
both.
True
False
Businesspeople are often confronted with ethical decisions. When they distinguish between right and wrong decisions in a business setting it is called ______. Multiple choice question. firm business marketing ethics business ethics conscious domain
The process of distinguishing between right and wrong decisions in a business setting is called business ethics.
What is business ethics?Business ethics are the moral principles and standards that act as guidelines for the way a business conducts its business transactions with outside world. It is a practice that determines what is right, wrong, and appropriate in the workplace.
Business ethics is important because it help ensure a good reputation for a company. This means that the company would have a good image in the society.
Therefore, the process of distinguishing between right and wrong decisions in a business setting is called business ethics.
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What are the signs of high inflation?.
[tex] \large \sf \green{ {\underline{ Âñßwêr : }}}[/tex]
Interest rates increase.Purchasing power falls.Fewer fixed rate bank loans.Production begins to fall.Hope It's Helps~_____ are critical for capturing sales data, and are usually linked to systems which manager a firm's inventory.
Answer:
point-of-sale systems
are critical for capturing sales data, and are usually linked to systems which manager a firm's inventory.
Renee is going to buy a new car that has a list price of $19,675. She will be responsible for $1,420 in vehicle registration fees, $85 in documentation fees, and 8. 92% sales tax. She plans to trade in her current car, a 2002 Buick LeSabre in good condition, and finance the rest of the cost over four years at an interest rate of 11. 34%, compounded monthly. If the dealer gives Renee 85% of the listed trade-in value for her car, what will her monthly payment be? Round all dollar values to the nearest cent. Buick Cars in Good Condition Model/Year 1998 1999 2000 2001 2002 Century $929 $1,086 $1,150 $1,488 $1,595 LeSabre $2,075 $2,282 $2,690 $2,935 $3,374 Regal $1,676 $1,794 $2,030 $2,214 $2,566 Riviera $1,291 $1,455 $1,520 $1,814 $1,959 a. $521. 96 b. $508. 80 c. $518. 80 d. $504. 46.
The correct statement is that the monthly payments on the purchase of a new car by Renee will be $655 on the interest rate of 11.34 percent for a period of four years.
The calculation of the value of the monthly payments to be made by Renee can be ascertained by computing all the costs of such transaction and then division by the number of months available.
Calculation of Monthly PaymentsThe total principal net value of the car comes down to $19945 after adding all the costs and deducting the trade-in value of the old car at 85% of the total value.
The formula for the calculation of total annuity is as below and the values given are being applied,
[tex]\rm Compounded\ Annuity= P(1+ \dfrac{r}{n})^n^t\\\\\rm Compounded\ Annuity=19945(1+0.00945)^4^8\\\\\rm Compounded\ Annuity= \$31450[/tex]
Now the monthly payments over a period of four years will be,
[tex]\rm Monthly\ Payments = \dfrac{Annuity}{No. \ of\ Months}\\\\\rm Monthly\ Payments = \dfrac{31450}{48}\\\\\rm Monthly\ Payments = \$655[/tex]
So, a monthly payment of $655 needs to be made in order to purchase such a car.
Hence, the correct statement is that the monthly payments on the purchase of a new car by Renee will be $655 on the interest rate of 11.34 percent for a period of four years.
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