The example of the law of diminishing marginal returns is Holding capital constant, when the amount of labor increases from 5 to 6, output increases from 20 to 25. then when labor increases from 6 to 7, output increases from 25 to 28.
What is the law of diminishing marginal returns?The law of diminishing marginal returns serves as the economic law that stressed that adding an additional factor of production would bring about smaller increases in output.
However, when some optimal level of capacity utilization is been reached , the addition of any larger amounts will bring about decreased per-unit incremental returns.
Therefore, the first option is correct.
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which factors are important to consider when deciding if a job opportunity fits in with your long-term career goals?
Explanation:
your qualifications
skills and ability
your knowledge experience
Answer: A holistic approach needs to be adopted by a candidate while considering a job opportunity.
Explanation:
For an opportunity to fit their long-term career goal, work-life balance and the ability of the opportunity to support their lifestyle becomes important. Proper clarification of the job description is vital. The position should be one that the candidate has the ability to do and in contrast, the challenges offered to help improve their skill.
Since the opportunity is considered in context to the candidates' long-term career goals, the impact of the role needs to be evaluated. It could either be a lateral move or a stepping stone for the individual.
The most common variable considered while evaluating a job opportunity is the salary or wages proposed for the job. A tool that can be used for the evaluation is an online paycheck calculator. It is important to know the competitive salary for the position for negotiation.
Apart from the monetary benefits, the candidate should look at the benefits they can get when joining the organization. It is important to see if the benefits are company-paid or company-provided.
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Can I receive foreign remittance?
Answer:
You can receive money from overseas directly into your bank account, using an international money transfer service. You’ll need to provide your bank details so the sender can set up an online account with the international money transfer provider and exchange the money into your desired currency.
Which of the following is true regarding the fire department service charge under the Builders Risk form? A. It is an automatic coverage for $500 B. It is not available in this form C. It is a high-deductible endorsement D. It is an additional coverage
The fire department service charge under the Builders Risk form is additional coverage. Thus, option 'D' is the correct option.
What is additional coverage?Addition to a primary policy that permits the insurance of a person or organization in addition to the policyholder is known as additional coverage. Usually, general liability insurance policies include supplementary coverage.
The additional person(s) may be covered by insurance for a single incident or for the duration of the policy. Before being approved and included in the policy, the person or persons being added must fulfil a certain set of standards.
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Inventory management is not as important as it once was due to other factors that have come into play. True / False
Inventory management is not as important as it once was due to other factors that have come into play. This statement is False.
What is Inventory management?The process of ordering, storing, using, and selling a company's inventory is referred to as inventory management. This covers the storage and processing of such items as well as the management of raw materials, components, and finished goods.
One of a company's most significant assets is its inventory. An organization's raw materials and finished goods are the heart of its operations in industries with high inventories including retail, manufacturing, food services, and others. When and where inventory is needed, a shortfall can be very harmful.
In addition, inventory might be seen as a liability (if not in an accounting sense). The danger of spoilage, theft, damage, or changes in demand is higher when there is a big inventory. Inventory must be insured, and if it is not sold in a timely manner, it may need to be destroyed or sold at a discount.
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Which of the following is not one of the five observed ways in which managerial behavior differs from the classical description of managers?
Managers prefer oral forms of communication.
Managers give high priority to maintaining a diverse web of contacts.
Managers perform a great deal of work at an unrelenting pace.
Managerial activities are fragmented.
Managers prefer regular, written reports on firm activities.
The answer choice that is not one of the five observed ways in which managerial behavior differs from the classical description of managers is E. Managers prefer regular, written reports on firm activities.
Who is a Manager?This refers to the person that is in charge of a team or group of people that are tasked with executing a task and giving directions and directives from time to time and receiving feedback.
Hence, it can be seen that one of the main differences between managerial behavior and the classical description of managers is that there is a preference for regular, written reports on firm activities.
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Stakeholders who possess both power and urgency but may use their power to coerce are considered as?
A. Dormant Stakeholders
B. Discretionary Stakeholders
C. Demanding Stakeholders
D. Dominant Stakeholders
E. Dependent Stakeholders
F. Dangerous Stakeholders
G. Definitive Stakeholders
Stakeholders who possess both power and urgency but may use their power to coerce are considered dangerous stakeholders. Thus the correct option is F.
What are stakeholders?A stakeholder is an individual or group of individuals who owns a company's shares of stock. Owners and shareholders are concerned with the business's ability to generate a profit and want to see it flourish.
Those with urgent and strong claims are the most dangerous stakeholders because they may use pressure and even violence. These stakeholders are exposed because they lack legitimacy while yet possessing high power and urgency.
Therefore, option F is appropriate.
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Which of the following are product costs for a manufacturer? (Check all that apply.) Check all that apply. Store rent Depreciation on the factory equipment Depreciation on the office equipment Sales commissions to
The following are product costs for a manufacture: Depreciation on the factory equipment and Depreciation on the office equipment. Thus option (b) and (c) are correct.
What is a cost?The cost is the expenditure or spending required or incurred to create and sell products and services, or to acquire assets.
When a product is sold or consumed, a cost is charged to expense. In the case of a buying of an asset, the charge to expense could be significantly deferred. The cost concept underlies the transition of assets from the balance sheet to expenses in the income statement.
The cost for a manufacturer can be a fixed cost like the lease of a building which will not vary every month or can be a variable cost like the telephone cost which can vary every month.
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Everyone shares a responsibility in maintaining the Microworkers community. All of these are proper conduct in Microworkers participation, except:
Familiarizing the FAQ before submitting a support message
Submitting threatening messages to Support
Adhering to the Terms of Use laid out by Microworkers
Reviewing own tasks before submitting a complain to ensure basis
Everyone shares a responsibility in maintaining the Microworkers community. All of these are proper conduct in Microworkers participation, except reviewing own tasks before submitting a complain to ensure basis
What are the conduct in Microworkers participation?Conduct in Microworkers participation can be described as the quiding principles that is used to direct the activities of the member of the community.
And this entails the adherence to the Terms of Use laid out by Microworkers as well as Familiarizing the FAQ .
Therefore, the last option is correct.
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Which of the following exemplifies a performance goal?
Employees are required to achieve short-term performance goals. Employees can better comprehend what is expected of them or their positions when goals are defined for them.
What is performance Goal ?Additionally, it aids in the proper evaluation and direction of workers by employers.
Establish a procedure for monitoring progress on important projects, including milestones and decision deadlines, in order to promote concentration on finishing a work. Share by February 10 with the management.
Concentrate on achieving performance standards or goals independently of rival competitors—typically by drawing comparisons to one's own prior success. Focus on the actions that a person must take during a performance in order to execute or perform properly.
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The North Korean government owns all property and all economic output. Almost all imports are banned, and production of
goods and services by foreign companies is forbidden. This would be an example of a free enterprise economy. True or false
The goods to be produced, the quantity to be produced, and the selling price of those goods are all set by the North Korean government.
What is an illustration of a system with mixed economics?For instance, the United States of America has a mixed economy because it gives most of the ownership of the means of production to private individuals, but it also has subsidies for agriculture, manufacturing regulations, and public or partial ownership of some industries like letter delivery and national defense.
Is food importable by North Korea?In its December 2021 report, the FAO assessed that North Korea required more than 1.06 million metric lots of food imports to compensate for food deficiencies between November 2020 and October 2021.
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A new product may fail for many reasons. Which of the following is NOT one of them?
a. rapid market acceptance
b. poor product design
c. poor product positioning
d. overestimated market size
e. poor marketing research
Answer:
C I got it right on edmentum
Answer: Rapid market acceptance
Explanation:
The number of defects in a product measures A. customer satisfaction with the product. B. conformance quality of the product. O C. reliability of the product. O D. quality of product design.
The number of defects in a product measures the reliability of the Product. Hence, option C is appropriate.
What is the Reliability?The possibility that a product, method, or service will function as intended for a predetermined amount of time or will run faultlessly in a predetermined environment is known as reliability.
Reliability in data gathering refers to how simple it is to reproduce a result. For instance, a result is dependable if it is obtained after measuring a cup of flour three times and producing consistent results each time. On the other side, validity relates to the measurement's accuracy.
Hence, option C is correct.
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5. B Company is considering the purchase of a piece of equipment that costs
$23,000. Projected net annual cash flows over the project's life are:
Year
1
2
3
4
Net Annual Cash Flow
$3,000
$ 8,000
$15,000
$4 9,000
Find the payback period?
The payback period is 2.08 years.
What is the payback period?The term "payback time" refers to the number of years needed to recoup the initial monetary outlay. the length of time that machinery, equipment, or any other asset has generated enough net income to pay its capital investment.
Net Annual Cash Flow is given as:
1 $3,000
2 $8,000
3 $15,000
4 $9,000
The payback period will be calculated as:
Cash payback period Years before the recovery of investment +(Unrecovered cost / Cash flow of that year)
Payback period = 2 years + (12000/15000)
Payback period = 2 + 0.8 years
Payback period = 2.08 years
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one result of stores using a distribution center instead of receiving orders directly from a vendor is that
One result of stores using a distribution center instead of receiving orders directly from a vendor is that merchandise can be delivered to all the stores in one area more economically.
What is a distribution center ?
Distribution centers can bne described as the all-in-one logistics operations where the products as well as the goods are been stored, picked, packed and shiped in order to fulfill customer orders.
It bshopuld be noted that it helps to deliver the goods tio the consumers and can be a retail locations or the one that gives directly to individual consumers.
In conclusion the Distribution centers can be used by online retailers and ecommerce companies and it gives room for the people to be more economical because it is usually a store in an area where people can pick their products which makes it to be mopre economical.
Therefore the second option is correct.
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missing options:
it helps stores avoid running out of stock or having too much stock merchandise can be delivered to all the stores in one area more economically, more backup inventory is needed. it is harder to keep track of inventory since it's spread out it is more costly
an interest group that serves as an umbrella organization to coordinate the activities of member groups in specific targeted areas is known as a(n)
A peak association is an interest group that acts as an umbrella group to coordinate the activity of member groups in particular targeted areas.
What are interest groups?An organization that employs various forms of advocacy to sway public opinion and/or policy is known as an interest group or an advocacy group. Another term for an interest group is an educated society. Group of people with a shared area of expertise or special interest. college community.
Interest groups serve a variety of purposes in American culture:
Encourage people to become interested in politics.represent their members based more on shared attitudes than geographical proximity.provide government organizations with specific information.are "vehicles" for engaging in politics.Learn more about interest groups, from:
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which of the following is not normally a reason for an mnc to forecast exchange rates?
a. To decide whether to obtain long-term financing in foreign currencies
b. To decide whether to hedge foreign currency cash flows
c. To decide whether to invest in foreign projects
d. To decide whether to change the executives' compensation when the executives run foreign subsidiaries
e. To decide whethere the remit earmings obtained in foreign subsidiaries
Deciding whether to obtain long-term financing in foreign currencies is not normally done for MNCs to forecast exchange rates. Hence, option A is appropriate.
What is the Exchange Rate?
A currency's relative value stated in a different currency is called an exchange rate. The exchange rate is a significant economic variable for nations with active international trade, like Australia.
The level at which one currency is swapped for another is known as the exchange rate in the world of finance. Although they can be sub-national, currencies are most frequently national ones.
The current currency rates between countries are determined by a regulated floating exchange rate. With a regulated floating exchange rate, every currency's value is influenced by the economic policies taken by its central bank or government. Hence, option A is correct.
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According to a 2012 study performed by the International Data Corporation (IDC), 90% of world's data...
Question options:
A)
is structured data.
B)
is in a relational database.
C)
was produced in the last two years.
D)
will never be used.
According to a 2012 study performed by the International Data Corporation (IDC), 90% of world's data was produced in the last two years.
How does IDC work?The information technology, telecommunications, and consumer technology markets are served best by International Data Corporation (IDC), a leading global source of industry intelligence, advisory services, and events. Framingham, Massachusetts serves as the home base for IDC, which was established in 1964. It is a division of International Data Group, a provider of technology-related media, events, and research.
For market sizing and forecasting, International Data Corporation consults a range of primary and secondary sources, including, but not restricted to, IT vendor interviews, open financial records, historical market data, and user surveys. Worldwide Consumer Market Model from IDC is the complete Model is the only model that, based on a single reliable model, delivers global statistics for the most significant consumer internet metrics for 51 nations, regions, and the entire world.
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many beauty professionals never take advantage of their employee evaluation as an opportunity to discuss their future advancement because they are _________.
Many of the beauty professionals never take advantage of their employee evaluation as an opportunity to discuss their future advancement because they are too nervous, intimated or unprepared.
What is an employee evaluation?Basically, an employee evaluation refers to a performance review, which means a periodic appraisal of an employee’s performance by their manager. Its serves as an opportunity to assess the employee’s progress, praise their accomplishments and collaborate on goals to improve performance and help achieve company objectives.
Generally, an employee evaluations have important benefits for both employers and employees including Improving communication between managers and employees, improving job satisfaction and retention, increasing performance and profitability, identifying star performers and candidates for promotion and providing help for employees who need further training
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In the context of worker motivation, which of the following is classified as an outcome in equity theory? Select one: a. Praise Renovelas b. Time c. Effort d. Loyalty
Option d which is loyalty is classified as an outcome of in equity theory.
What is equity theoryAccording to Adams' equity theory of motivation, for people to feel motivated, they must believe that the incentives they receive in exchange for their contributions are fair and comparable to those obtained by their peers. People will feel upset and want to make changes to the situation to make it seem more equitable if they believe that their benefits are not fair.
According to the equity theory, fair treatment motivates people. Fairness perceptions are typically the product of social comparison. In other words, we contrast our efforts (inputs) and the outcomes of those efforts (outputs) with those of others .
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Which of the following represents the national savings and investment identity - Supply of financial capital = Demand for financial capital - expressed in algebraic terms?
The following represents the national savings and investment identity - Supply of financial capital = Demand for financial capital - expressed in algebraic terms:
B. S + (M - X) = I + (G - T)What is national savings and investment identity?The saving identity or the saving-investment identity is a notion in national income accounting meaning that the total saved in an economy will be the total invested in new physical machinery, new inventories, and the like.
A country's current national savings and investment identity is expressed in algebraic terms as X - M = S + (T - G) - I. In this instance: private and public domestic savings are higher than domestic investment.
Therefore, the correct answer is as given above
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The complete question goes thus:
Which of the following represents the national savings and investment identity - Supply of financial capital = Demand for financial capital - expressed in algebraic terms?
A. (M - X) = I - S - (T - G)
B. S + (M - X) = I + (G - T)
C. X - M = S + (G - T) - I
D. I - S - (T - G) = (M - X)
B. S + (M - X) = I + (G - T)
Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labor-hours and its standard cost card per unit is as follows:
1. What is the materials quantity variance for March?
2. If Preble had purchased 171,000 pounds of materials at $7.20 per pound and used 155,000 pounds in production, what would be the materials quantity variance for March?
3. What is the labor rate variance for March?
4. What is the labor efficiency variance for March?
5. What is the labor spending variance for March?
Labor efficiency variance = (Actual hour * Standard rate) - (Standard hour * Standard rate).
Labor efficiency variance = $404,600 F
What is Labor efficiency variance?By "efficiency of labor," we mean a worker's ability to produce more or better work, or both, over the course of a given amount of time.
1) Labor efficiency variance = (68,000 * $17) - ((30,600 * 3) * $17)
Labor efficiency variance = $1,156,000 - (91,800 * $17)
Labor efficiency variance = $404,600 F
2) Variance in direct labor worked divided by variance in labor efficiency
Variance in labor costs is $404,600 - $68,000.
Variance in labor costs = $336,600 F
3) Planned unit sold minus variable overhead equals variable manufacturing overhead cost.
Manufacturing variable overhead cost = 24,000 * $21
$504,000 is the variable manufacturing overhead cost.
4) Planned unit sold minus variable overhead equals variable manufacturing overhead cost.
Cost of variable overhead in production = 30,600 * $21
$642,600 is the variable manufacturing overhead cost.
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MANAGER: This cruise needs to make more money. I would like to know how
much our profits would be if we reduce our variable costs by $10 per passenger
while maintaining our current passenger volume. Also marketing claims that if we
increase advertising expenditures by $500,000 and cut fares by 20 percent, we
can increase the number of passengers by 30 percent. I would like to know
which approach offers the most profit, or if a combination of the approaches may
be best.
Required:
1. Describe each of the four managerial responsibilities.
2. Identify the managerial activity or activities applicable for each scenario, and indicate the role of accounting information in the activity.
Managers first need to develop a plan, then organize their resources and delegate responsibilities to employees according to the plan, then lead others to efficiently carry out the plan, and finally evaluate the plan's effectiveness as it is being executed and make any necessary adjustments.
control consists of the sports of putting the strategy of an organisation and coordinating the efforts of its employees (or of volunteers) to perform its targets through the software of to be had belongings, which includes economic, natural, technological, and human sources. "Run the business"[1] and "exchange the industrial employer" are two ideas which can be applied in control to differentiate between the continuing shipping of products or offerings and adapting of products or services to satisfy the converting needs of clients - see fashion. The term "management" may additionally consult with those those who control an agency—managers.
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In linear programming models of real problems, the occurrence of an unbounded solution means that the
a.
mathematical models sufficiently represent the real-world problems.
b.
constraints have been excessively used in modeling.
c.
resultant values of the decision variables have no bounds.
d.
problem formulation is improper.
In linear programming models of real problems, the occurrence of an unbounded solution means that the problem formulation is improper. Thus the correct option is D.
What is the significance of the linear programming model?A mathematical method called linear programming identifies how to make the optimum use of the resources available. The procedure is used by managers to make judgments about how to use their limited resources as effectively as possible.
When an unbounded solution appears in linear programming models of actual situations, it indicates that the issue formulation is flawed. When an objective value can be increased or lowered without restriction, a model is said to be unbounded.
Therefore, option D is appropriate.
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This captures the project's performance by examining schedule and budget in monetary terms over time. Resource chart Gantt chart Earned value analysis PERT chart
An earned value analysis is the analysis that captures the project's performance by examining schedule and budget in monetary terms over time. The Option C is correct.
What is an earned value analysis?An earned value analysis refers to a method that allows the project manager to measure the amount of work actually performed on a project beyond the basic review of cost and schedule reports.
The analysis provides a method that permits the project to be measured by progress achieved. With this, the project manager is able, by using the progress measured, to forecast a project’s total cost and date of completion, based on trend analysis or application of the project’s burn rate.
Full question "This captures the project's performance by examining schedule and budget in monetary terms over time. a. Resource chart b. Gantt chart c. Earned value analysis d. PERT chart
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Which of the following would be an example of expansionary fiscal policy?
a) A reduction in interest rates.
b) A reduction in government subsidies to farmers.
c) A reduction in unemployment benefits.
d) A reduction in income taxes on low-income earners.
The statement that is an example of expansionary fiscal policy: d) A reduction in income taxes on low-income earners.
What is expansionary fiscal policy?Expansionary fiscal policy has to do with reduction in tax as well as increasing government spending or the amount that government spend on project.
An example of expansionary fiscal policy is to reduce the amount that low income earner pay for tax by making use of progressive tax payment system.
Therefore the correct option is D.
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when the fed reacts to a positive aggregate demand shock, which is likely to make the period of disinflation (reducing the inflation rate) shorter?
Credibility on the part of the Fed is likely to make the period of disinflation (reducing the inflation rate) shorter.
How fed can affect aggregate demand?The Federal Reserve can indirectly increase demand by decreasing interest rates, although having a negligible direct influence on total demand. When interest rates are lowered, asset prices rise.
Higher asset prices for assets like houses and stocks improve consumer confidence, which results in greater purchases and higher overall spending levels. Higher stock prices typically enable businesses to raise additional cash at more affordable rates.
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What should you do to streamline the purchasing process once the customer approves an estimate?
You should copy it to a purchase order.
I hope this helps!!!
The New York Federal Reserve Bank
Select one:
a. president always gets to vote at the FOMC meetings.
b. is one of 12 regional Federal Reserve Banks.
c. conducts open market transactions.
d. All of the above are correct.
The New York Federal Reserve Bank's:
president always gets to vote at the FOMC meetings.is one of 12 regional Federal Reserve Banks.conducts open market transactions.Therefore, the Option D is correct.
What is the role of New York Federal Reserve Bank?The Federal Reserve Bank, of the New York performs the role implementing monetary policy on behalf of the Federal Open Market Committee and acts as the market agent of the entire Federal Reserve System.
It also serves as the sole fiscal agent of the U.S. Department of the Treasury, bearer of the Treasury's General Account and the custodian of the world's largest gold storage reserve.
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The following table shows the prices of a sample of Treasury bonds, all of which have coupon rates of zero. Each bond makes a single payment at maturity.
Years to Maturity Price (% of face value)
1 96.852%
2 93.351
3 89.544
4 85.480
a) What is the 1-year interest rate?
b) What is the 2-year interest rate?
c) What is the 3-year interest rate?
d) What is the 4-year interest rate?
e) Is the yield curve upward-sloping, downward-sloping, or flat?
f) Is this the usual shape of the yield curve
a) The 1-year interest rate is 3.25%.
b) The 2-year interest rate is 7.12%.
c) The 3-year interest rate is 11.68%.
d) The 4-year interest rate is 16.99%.
e) The yield curve is always upward-sloping. With increased time to maturity, interest rate increases to compensate for the increased risks associated with a longer term.
f) Yes. The usual shape of the yield curve is upward-sloping because short-term securities generate lower yields than long-term debt instruments.
What is the interest rate?The interest rate is the compensation for undertaking financial risks in view of the time value of money.
The interest rate depends on two factors, the maturity period and the implied risks involved.
The interest rate can be computed using the following yield-to-maturity formula:
YTM Formula = (100%/Price %) - 1
Years to Price (% of Interest rate =
Maturity face value) (100%/Price %) - 1
1 96.852% 3.25% (100/96.852 - 1)
2 93.351% 7.12% (100/93.351 - 1)
3 89.544% 11.68% (100/89.544 - 1)
4 85.480% 16.99% (100/85.480 - 1)
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if the cost of producing sofas decreases causing the price of sofas to decrease, consumer surplus in the sofa market will
If the cost of producing sofas decreases causing the price of sofas to decrease, then, the consumer surplus in the sofa market will increase.
What does consumer surplus means?In economics, a consumer surplus refers to the measurement of consumer benefits which results from market competition. Its happens when price that consumers pay for a product or service is less than the price they're willing to pay, this means that it a measure of the additional benefit that consumers receive because they're paying less for something than what they were willing to pay.
This consumer surplus, is also impacted by law of demand, because the customer's demand lies on the market prices. hence, according to the demand law, when the cost of producing sofas decreases causing the price of sofas to decrease, then, the consumer surplus in the sofa market will increase.
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