whether a country's legal system is based on the rule of law matters little in international business. group startstrue or falsetrue, unselectedfalse, unselected

A means-tested program is the one for which the recipient qualifies on the basis of income. Option B is correct.

A means-tested program is a social welfare program for which eligibility is determined based on an individual's income and assets. This means that only people who fall below a certain income or asset threshold are eligible for the program. Examples of means-tested programs include Medicaid, Supplemental Nutrition Assistance Program (SNAP), and Temporary Assistance for Needy Families (TANF).

In contrast, a social insurance program is a program that provides benefits to individuals based on their work history and contributions. Examples of social insurance programs include Social Security and Medicare.

The other two answer options - social insurance based on need and means-tested based on age - do not accurately describe any common social welfare programs in the United States.

To know more about social welfare program here

https://brainly.com/question/14413395

#SPJ4

If the consumption of good Z creates positive externalities but there are no externalities in producing it, the market equilibrium for good Z will not account for the positive externalities in the consumption of the good.

This means that the market equilibrium quantity of good Z will be lower than the socially optimal quantity. Since consumers only consider their private benefit when making purchasing decisions, they will only be willing to pay for the private benefits of consuming good Z and not the positive externalities that it creates. This leads to a situation where the market under-produces the good Z from the social point of view.

Therefore, if the market is not regulated, the following must be true at the market equilibrium for good Z:

The quantity of good Z produced and consumed will be lower than the socially optimal quantity.

The price of good Z will be lower than the socially optimal price, reflecting only the private benefits of consuming the good and not the positive externalities it generates.

There will be an inefficiency in the market as the positive externalities of consuming good Z are not taken into account, resulting in a deadweight loss.

For more such Questions on Economy

https://brainly.com/question/514447

#SPJ4

The role do losses play in a competitive market is: They send a message that more value would be created if the resources were used to produce other goods. Option D is correct.

In a competitive market, losses are a signal to firms that they are not using their resources efficiently. When a firm experiences losses, it indicates that the value of the goods produced is lower than the cost of production. This means that the resources used to produce these goods could be better used to produce other goods that would generate more value and profits for the firm.

Therefore, losses act as a feedback mechanism to incentivize firms to adjust their production strategies or exit the market, which helps to ensure that resources are allocated efficiently and create the most value for consumers.

To know more about competitive market here

https://brainly.com/question/13686157

#SPJ4

Data may be highlighted by the estimator for consideration at a later stage of the estimation process. Everything unique in the specs or on the drawings falls under this category.

The price of an item is determined by the job's specifications. The information in specifications include things like construction type, material quality, mix ratios, how the work is to be done, etc. Detailed specs, rates, and other information are needed in order to create an estimate. Plans, sections, elevations, and other drawings are required to create the estimate.

They define the types, amounts, and ratios of materials as well as the preparation and execution processes for a specific piece of work within a project.

Read more about  bid documents at

https://brainly.com/question/14481941

#SPJ4

Option a is correct. If a country's currency appreciates, exports increase and imports decrease.

Imports are goods or services purchased in one country and manufactured in another. Imports and exports are components of international trade. When a country's imports exceed its exports, the country has a negative trade balance, also known as a trade deficit.

The US has had a trade deficit since her 1975. According to the U.S. Census Bureau, the 2019 deficit was $576.86 billion.

Imports are products or services manufactured abroad and purchased in your home country.

Imported goods and services are attractive when domestic industries cannot produce similar goods or services cheaply or efficiently.

Free trade agreements and tariffs often determine which goods and materials are cheaper to import.

Economists and policy analysts are divided on the positive and negative impacts of imports. Countries are most likely to import goods or services that domestic industries cannot produce as efficiently or cheaply as the exporting country. Countries can also import raw materials and goods that are not available within their borders. For example, many countries import oil because they cannot produce it domestically or in sufficient quantities to meet their demand. 

Know more about imports here:

https://brainly.com/question/3943671

#SPJ4

Voting factor is not identified as a motivation for people seeking office as the behavior gives probability of not being selected.

The study of how biological, psychological, and environmental factors affect motivation is known as motivation psychology. Moreover, goal-directed behaviour is directed by and maintained by elements of motivation. Despite this, these causes are rarely straightforward. Due of this, it is common for us to infer information about someone is intentions from their behaviour. The term "motivation" is used in a variety of contexts and academic fields. The tiny piece of ourselves that propels us to action is called motivation. Psychologists and businesses alike have long been interested in motivation and the elements that affect it.

To learn more about motivation refer here:

https://brainly.com/question/25492018

#SPJ4

An increase in SRAS means that firms are able to produce a greater quantity of output at each price level.

Which can result from various factors such as an increase in productivity, a decrease in production costs, or an increase in the availability of inputs.

In macroeconomics, the short-run aggregate supply (SRAS) curve represents the total supply of goods and services that firms are willing and able to produce in the short run, given the existing level of capital, labor, and technology.

When SRAS increases, the equilibrium price level in the economy decreases, while the equilibrium level of output increases. This means that, in the short run, an increase in SRAS can lead to lower inflation and higher economic growth, as firms are able to produce more goods and services without pushing prices up significantly.

However, the increase in SRAS may be temporary, and in the long run, prices and wages may adjust to the new level of output, potentially leading to higher inflation. Additionally, an increase in SRAS may not necessarily result in an increase in real economic growth if there are other factors limiting demand, such as a decrease in consumer confidence or government austerity measures.

Overall, an increase in SRAS can have various impacts on the economy, and its effects will depend on a range of factors such as the nature of the increase and other macroeconomic conditions.

To learn more about SRAS here:

https://brainly.com/question/16909327

#SPJ4

The imports of roses from Africa , South America are high year round instead of around Valentine's Day is because

(c) The spike in demand makes it profitable for producers with higher costs to enter market.

(d) Flower production in US is particularly low in February, so US-based supply is shifted leftward that month because of climate.

The high demand for roses around Valentine's Day creates a profitable market for producers in South America and Africa despite the higher costs of transportation.

They increase their supply to meet the demand.

The low production of flowers in the US during February, due to the climate, leads to a leftward shift in the US-based supply, which further increases the demand for imported roses.

Learn more about Roses here

https://brainly.com/question/30623091

#SPJ4

The given question is incomplete , the complete question is

Why aren't imports of roses from South America and Africa high year-round instead of just around Valentine's Day ?

Select all that apply.

(a) The government limits imported flowers except around Valentine's and Mothers' Day.

(b) None of these apply.

(c) The spike in demand makes it profitable for producers with higher costs (like transportation) to enter the market.

(d) Flower production in the US is particularly low in February, so US-based supply is shifted leftward that month because of the climate.

Frequence in the  environment of advertising can be interpreted as the  volume of exposure to or  reiterations of an  announcement through a particular medium over a given period of time.

A single exposure to a marketing communication is known as an  print." The process through which a person, group of people, or association generates a communication and transmits it through some form of medium to a vast, anonymous,  miscellaneous  followership," according to the Oxford Dictionary, is known as mass communication. The following factors are  pivotal for choosing  frequence in participated correspondence or  review advertising      Exposure isn't a reverse for  frequence  The  explanation for departing from the" rule of thumb" of a 3x  frequence  a grasp of your  crusade's  objects in detail.

Learn more about advertising  here:

https://brainly.com/question/3163475

#SPJ4

According to Jennifer Aaker's research, MTV best embodies the brand personality attributes of Excitement option (b).

Customers frequently select and use brands that have a brand personality that is aligned with their own self-concept, or how they see themselves. Because they commonly relate to the products, consumers frequently choose products from particular brands.

Brand personas typically fall into one of five categories. These qualities include vigor, sincerity, toughness, competence, and sophistication. If a brand's personality aligns with their own, customers are more likely to buy it.

To know more about personality attributes visit :-

https://brainly.com/question/17259254

#SPJ4

When a company has a wide range of products to export, it should carefully evaluate and prioritize its products based on various factors to select which ones to export.

Here are some factors that the company may consider: Market demand: The company should analyze the demand for its products in various export markets. Competitive advantage: The company should identify its products that have a competitive advantage over similar products in the export markets.

Production capacity: The company should evaluate its production capacity for each product and ensure that it can meet the demand in the export markets without compromising its domestic sales. Legal and regulatory compliance: The company should ensure that its products comply with the regulations and standards in the export markets, such as safety and environmental standards.

Export costs and risks: The company should consider the costs and risks associated with exporting each product, such as transportation, tariffs, and currency fluctuations.

Learn more about export here:

https://brainly.com/question/30463075

#SPJ4

The purchase of health insurance through your company offers various tax advantages. These are a few of the key advantages

Pre-tax premiums: In the event that your company provides health insurance, you may often pay your premiums using pre-tax money. This entails that the money you spend on health insurance premiums is subtracted from your taxable income, which might reduce your overall tax burden.

Employer contributions: A lot of firms foot the bill for their staff members' health insurance premiums. Typically, the employee is not taxed on these donations, thus there are no income or payroll taxes to pay.

Contributions to health savings accounts (HSAs): If your company offers a high-deductible health plan (HDHP), you could be qualified to make a contribution to an HSA (HSA). It is possible to use HSAs, tax-advantaged savings accounts, to cover some medical costs. Tax deductions are available for contributions made to an HSA, and there are no taxes due on withdrawals used for approved medical costs.

Contributions to Flexible Spending Accounts (FSAs): Several firms provide FSAs to their staff members. For eligible medical costs, FSAs let you set away pre-tax money. Contributions to an FSA are tax deductible, much as those made to HSAs, and withdrawals used for approved medical costs are tax-free.

To learn more about tax visit here:

https://brainly.com/question/23275487

#SPJ1

Answer: Preventive

Explanation:

Answer:Creditors

Explanation:

The statement ; "as the price decreases along a linear demand curve, the price elasticity of demand becomes more elastic" is True , because the quantity demanded increases proportionally more than the decrease in price.

As the price decreases, the consumers become more sensitive to changes in price and are more likely to buy the product, leading to a greater increase in quantity demanded.

Conversely, as the price increases, the price elasticity of demand becomes less elastic, which means that the consumers become less sensitive to changes in price and are less likely to buy the product, which leads to a smaller decrease in quantity demanded .

Learn more about Price Elasticity here

https://brainly.com/question/29615048

#SPJ4

The given question is incomplete , the complete question is

As the price decreases along a linear demand curve, the price elasticity of demand becomes more elastic . True or False ?

In the case of an S-Corporation, the nontaxable income to Peter is $75,000. Therefore, the correct option is B.

Nontaxable income refers to income that is not subject to income tax. It is income that is excluded from the calculation of taxable income and therefore not subject to taxation. Life insurance proceeds received as a result of the death of the insured person are generally nontaxable.

Certain employee benefits, such as health insurance premiums paid by the employer, employer contributions to retirement plans, and certain educational assistance programs, may be excluded from taxable income.

Thus, the ideal selection is option B.

Learn more about  nontaxable income here:

https://brainly.com/question/30624943

#SPJ12

Comparing her expected utility without insurance is 8.6995, while her utility with insurance is 9.1164. Therefore, the farmer will still choose to purchase product even if the fee is $4,500 instead of $3,500.

A. The expected yield of the farmer in the absence of insurance can be calculated as follows:

Expected yield = (0.2 x $10,000) + (0.8 x $5,000) = $6,000

Therefore, the expected yield of the farmer in the absence of insurance is $6,000.

B. The expected utility of the farmer in the absence of insurance can be calculated using the following formula:

Expected utility = ln[(0.2 x $10,000) + (0.8 x $5,000)]

Expected utility = ln($6,000)

Expected utility = 8.6995

Therefore, the expected utility of the farmer in the absence of insurance is 8.6995.

C. If the farmer purchases the insurance product, her yield in the bad state of nature will be $5,000 + $3,500 = $8,500. Therefore, her expected yield will be:

Expected yield = (0.2 x $10,000) + (0.8 x $8,500) = $8,200

The expected utility of the farmer with insurance can be calculated as follows:

Expected utility = ln[(0.2 x $10,000) + (0.8 x $8,500)]

Expected utility = ln($8,200)

Expected utility = 9.0129

Therefore, the expected utility of the farmer with insurance is 9.0129.

D. To determine whether the farmer will choose to purchase the insurance product, we need to compare her expected utility with and without insurance. Without insurance, her expected utility is 8.6995. With insurance, her expected utility is 9.0129. Therefore, the farmer will choose to purchase the insurance product because it increases her expected utility.

E. If the fee for the insurance product is $4,500 instead of $3,500, then her expected yield in the bad state of nature will be $5,000 + $4,500 = $9,500. Her expected yield will be:

Expected yield = (0.2 x $10,000) + (0.8 x $9,500) = $9,200

The expected utility of the farmer with insurance can be calculated as follows:

Expected utility = ln[(0.2 x $10,000) + (0.8 x $9,500)]

Expected utility = ln($9,200)

Expected utility = 9.1164

Comparing her expected utility with and without insurance, her expected utility without insurance is 8.6995, while her expected utility with insurance is 9.1164. Therefore, the farmer will still choose to purchase the insurance product even if the fee is $4,500 instead of $3,500.

Learn more about insurance here

https://brainly.com/question/27822778

#SPJ4

Taxes are a part of everyday life and have a financial effect on many of the major personal decisions that individuals face (e.g., investment decisions, evaluating alternative job offers, saving for education expenses, gift or estate planning, etc.).

Taxes are a crucial aspect of modern society, serving as a means of collecting revenue for governments to fund public services, infrastructure, and social programs. In the humanities, taxes have been studied through a variety of lenses, including political philosophy, economics, and sociology.

One key debate within the humanities is whether taxes are an imposition on individual liberty or a necessary contribution to the common good. This debate has been ongoing since the earliest days of taxation, with philosophers like John Locke arguing that taxes should only be levied with the consent of the governed.

Other humanities scholars have examined the role of taxation in shaping social inequality and economic development. For example, some argue that progressive taxation can help mitigate income inequality, while others suggest that excessive taxation can stifle economic growth.

To learn more about Taxes visit here:

brainly.com/question/12611692

#SPJ4

Monopolistic Competition is a market structure having all conditions of pure competition except for identical products.

The market structure having every one of the states of unadulterated rivalry with the exception of indistinguishable items is known as monopolistic competition. In monopolistic competition, there are many little firms on the lookout, and each firm has a little piece of the pie.

The items sold by these organizations are not indistinguishable, yet they are close substitutes for one another. This implies that purchasers see a few distinctions in the items, like marking, bundling, quality, or elements, and will follow through on marginally various costs for them. In the monopolistic contest, firms have some level of market power, meaning they can impact the cost of their items somewhat. Notwithstanding, this market power is restricted on the grounds that there are numerous different firms offering comparable items. Firms in monopolistic rivalry likewise face low obstructions to section, and that implies new firms can enter the market effectively on the off chance that they see a chance to make a profit. Examples of businesses that show monopolistic contest incorporate cafés, clothing stores, and boutiques. These ventures have many little firms that offer comparative items, however each firm attempts to separate its items through promoting, publicizing, or item plan.

Know more about Monopolistic Competition - https://brainly.com/question/30801248

#SPJ4

Adjusting the marketing strategy to address the deviation and improve performance and Conducting further analysis to understand the root causes of the deviation are appropriate responses.

Marketing strategy refers to a long-term plan that outlines how a company will reach its target audience and achieve its marketing goals. It involves identifying the target market, understanding their needs and preferences, and developing a value proposition that differentiates the company's offerings from those of its competitors. A successful marketing strategy requires a deep understanding of the market, the competition, and the company's strengths and weaknesses. It should also include a comprehensive marketing mix, which includes product, price, promotion, and distribution strategies. A well-designed marketing strategy can help a company build brand awareness, increase market share, and generate customer loyalty. It is an essential component of any business's overall strategic plan and requires ongoing monitoring, evaluation, and adjustment to ensure its effectiveness in a dynamic marketplace.

learn more about marketing strategy here

https://brainly.com/question/15585962

#SPJ4

The firm must sell 2,500 units to break even

To break even, the total revenue from sales must be equal to the total cost, which is the sum of the fixed cost and the variable cost per unit multiplied by the number of units sold. Let x be the number of units sold to break even.

Total cost = Fixed cost + Variable cost per unit * Number of units sold

Total cost = $100,000 + $10x

Total revenue = Selling price per unit * Number of units sold

Total revenue = $50x

To break even, total revenue = total cost:

$50x = $100,000 + $10x

$40x = $100,000

x = 2,500

Therefore, the firm must sell 2,500 units to break even

Learn more about break even units at:https://brainly.com/question/21137380

#SPJ1

The only way a business can expand faster than its present sustainable growth rate is by taking on more debt.

Economists claim that one or more of the fundamental business ratios must alter if a company's sales increase at a pace that is higher or lower than the sustainable rate. Borrowing, issuing more equity, investing personal wealth, or decreasing dividends are all potential funding options if a company's actual growth rate momentarily exceeds its sustainable pace. If the company decides against taking any of these steps, it must slow down to a sustainable growth rate, at which point it will no longer require additional funding to pay for the extra costs and assets that are no longer required.

Learn more about growth rate here:

https://brainly.com/question/14263843

#SPJ4

Factors of production are the resources used in the production of goods and services.

There are four primary factors of production:

Land, This refers to all natural resources that are used in the production process, including land, water, air, and raw materials.

Labor, This refers to the human resources used in the production process, including both physical and mental labor.

Capital, This refers to the tools, machinery, equipment, and other physical resources used in the production process. It includes everything from hand tools to computers and large-scale industrial machinery.

Entrepreneurship, This refers to the ability to organize and manage the other factors of production, taking on risk and making decisions about the production process.

Each of these factors of production is essential to the production of goods and services. For example, without land, there would be no raw materials for production. Without labor, the production process would not be possible. Without capital, there would be no tools or equipment to use in the production process. Finally, without entrepreneurship, there would be no one to organize and manage the other factors of production.

Understanding the factors of production is important in economics, as it helps to explain how resources are used to create goods and services, and how the allocation of those resources can impact economic growth and development.

To learn more about production here:

https://brainly.com/question/15331186

#SPJ4

Before a final decision is made, Johnson and Gomez, Inc. should consider :

By assessing the potential for mergers or acquisitions, evaluating the growth potential of each product model, and analyzing the competitive landscape, Johnson and Gomez can make a more informed decision about which product to focus on and how to position it in the marketplace.

The aesthetic differences between the two products (option d) may also be a consideration, but are likely to be of lesser importance compared to the other factors listed.

Find out more on factors at https://brainly.com/question/9170356

#SPJ1

A company should proceed with care when setting up a personnel selection process for all of the reasons mentioned:

A) To identify the best candidates for employment: A well-designed selection process helps to ensure that the right person is hired for the job, with the necessary skills, knowledge, and experience to perform the duties required of the position.

B) To comply with employment laws: Companies must comply with a variety of employment laws and regulations when selecting and hiring employees, such as laws prohibiting discrimination based on race, gender, age, and other protected characteristics.

C) To use fair employment practices: A fair and unbiased selection process helps to ensure that all candidates are treated equally and have an equal opportunity to be considered for the position. This helps to create a positive work environment and can contribute to higher employee morale and productivity.

Learn more about fair employment law here;https://brainly.com/question/1246261

#SPJ1

The term that describes when a person permanently removes personal property from the owner's possession and control is called "theft".

Theft is a serious crime that occurs when a person permanently removes personal property from the owner's possession and control without their permission. This can take many different forms, including shoplifting, embezzlement, burglary, robbery, and larceny. Shoplifting is the act of taking merchandise from a retail store without paying for it. This can involve hiding items in a bag or clothing, or switching price tags to pay a lower amount than the item's actual value. Shoplifting is a common form of theft, and it can result in fines, community service, and even jail time. Embezzlement occurs when a person entrusted with someone else's money or property takes it for their own personal use. This can happen in a variety of contexts, such as when an employee steals money from their employer or a financial advisor misuses their clients' funds. Embezzlement is a serious crime that can result in significant fines and jail time. Burglary involves breaking into a building with the intention of committing theft or another felony. This can involve breaking a window or door, or using a key that was stolen or obtained through deception. Burglary can result in significant fines and jail time, especially if it involves a residential property or the use of weapons. Robbery is the act of taking someone else's property by force or intimidation. This can involve using a weapon, threatening physical harm, or using deception to gain control of the property. Robbery is a serious crime that can result in significant fines and jail time, and it can be prosecuted as a felony.

To know more about embezzlement:

https://brainly.com/question/28503275

#SPJ4

Subsidies and quotas are examples of nontariff barrier a county might impose.

What are subsidies and quotas?

A quota is a cap on how much of an imported good can be purchased. A trade subsidy given to a homegrown company lowers domestic costs and restricts imports. The benefits of trade are constrained by non-tariff barriers like specifications for product content.

What do non-tariff barriers mean?

Any policy that prevents international trade from occurring—aside from a customs tariff—is known as a non-tariff barrier. They consist of: regulations: any regulations that specify how a product may be created, handled, or advertised. origin regulations: regulations that demand documentation of the nation in which items were made.

Learn more about nontariff barrier

brainly.com/question/28211835

#SPJ1

B. The wages of the workers on the shipping docks who load completed products onto outgoing trucks is classified as a period cost.

Period costs are costs that cannot be recorded on a company's balance sheet. In other words, they are expensed and recorded on the income statement in the period in which they occur. Period expenditures are also known as period expenses.

In managerial and cost accounting, period expenses are costs that are not tied to or related to the development of inventory. Examples include selling, general, and administrative (SG&A) expenses, marketing expenses, CEO salary, and corporate office rent.

The expenditures are expensed in the period in which they are spent since they are unrelated to inventory production. The term "period costs" refers to any costs that are not directly related to the manufacturing of a product (product costs).

To know more about period cost:

https://brainly.com/question/29590425

#SPJ4

Correct question:

Which one of the following costs is classified as a period cost? (CIA adapted)?

A. The wages of a worker paid for idle time resulting from a machine breakdown in the molding department.

B. The wages of the workers on the shipping docks who load completed products onto outgoing trucks.

C. The wages paid to workers for reworking defective products that failed the quality inspection upon completion.

D. The payments for employee (fringe) benefits paid on behalf of the workers in the manufacturing plant.

Yes, consolidated financial statements are appropriate for Photo Corporation and Soto Company for the three years ending December 31, 2007.

This is because Photo Corporation has significant influence over Soto Company through the voting trust. The voting trust has custody of 40,000 of Soto's 105,000 shares of issued common stock, which represents 38% of the total outstanding shares.

This level of ownership gives Photo Corporation the ability to exercise significant influence over Soto Company's financial and operating decisions. Therefore, it is appropriate for Photo Corporation to consolidate the financial statements of Soto Company with its own financial statements for the three years ending December 31, 2007.

Learn more about Soto Company at: https://brainly.com/question/14999054

#SPJ11

The Wherewithal to Pay concept is an economic theory that states that a buyer must have the means (or the wherewithal) to pay for a product or service in order to purchase it.

This implies that the buyer must have the required assets—such as cash, credit, or other assets—on hand in order to make the purchase.

This approach is founded on the rationale that consumers must be able to afford a good or service in order to be able to purchase it.

When determining whether a buyer can afford a loan or other financial transaction, this idea is frequently employed.

To know more about assets,

https://brainly.com/question/27972503

#SPJ4