A cost or a benefit accruing to an individual or group that is external to a market transaction is known as a(n) ______. Multiple choice question.
When people experience a cost or benefit from a transaction that is external to that transaction, this is an Externality.
What is an externality?This refers to benefits or costs that people who are not a party to a transaction get due to that transaction.
This benefit or cost is therefore external to that transaction and is therefore referred to as a market failure.
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Discuss some of the trade-offs and the challenges of a move to an enterprise-level analytics solution for companies and their end-users who might have grown accustomed to working with their customised solutions for generating data.nationwide mutual insurance company
The The challenges of a move to an enterprise-level analytics solution fare:
Taking in real-time useful data. Keeping tab with the influxes of data. Creating collected raw data readable., etc.What is trade off?A trade-off is known to be a kind of situational decision that entails the reduction or losing of a given quality, quantity, or others so that one can gains in other areas.
Note that trade off includes partnering with a firm and disclosing some business secret to them. This may influence a person's business in one way or the other.
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Fish and chips are complementary goods. what would shift the demand curve for chips to the left?
Answer:
Vegans
Explanation:
In consumer finance, which of the following are primarily used? A. financial statements B. budgets C. both budgets and financial statements
Answer:
Explanation:
The most important financial statement for the majority of users is likely to be the income statement, since it reveals the ability of a business to generate a profit. The financial statements are used by investors, market analysts, and creditors to evaluate a company's financial health and earnings potential. The three major financial statement reports are the balance sheet, income statement, and statement of cash flows.
In a remote village, a person used five beaver pelts to buy a bag of rice and two beaver pelts to buy a pair of shoes. for what purpose did this person use the money?
The purpose why the person use the money is for medium of exchange.
What is money?Money is a legal tender, approved by the government of a country as a means of exchange. Money is used to pay for services received and also for the purchase of goods.
Characteristics of money are:
Store of valueMedium of exchangeUnit of accountHence, the purpose why the person use the money is for medium of exchange.
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Answer:
Post Test: Government
Economics
Question #15
In a remote village, a person used five beaver pelts to buy a bag of rice and two beaver pelts to buy a pair of shoes.
For what purpose did this person use the money?
Answers:
A. increase trade
B. store of value
Answer is 100%: C. medium of exchange
D. unit of account
E. investment
Explanation:
I took the test and this is 100% correct
Hope it helped!
A veterinary practice has added a pet boarding and grooming facility. Most of the practice's competitors also provide these services. The veterinary practice is gaining competitive:
The veterinary practice is gaining competitive because of its parity with comparison to competitors.
What is a competitive advantage?Factors that enable a corporation to produce goods or services quicker or more cheaply than its competitors are referred to as competitive advantage. These enable the producing unit to earn higher sales or higher margins than its competitors.
There are various strategies used by competitors to gain competitive advantage which include cost leadership strategy, differentiation strategy as well as focus strategy.
In cost leadership, the strategy of low cost will be the focus, whereas in differentiation strategy segmentation of market-based on customers preferences will be done.
A veterinary practice uses parity as a competitive advantage where the goal is not to enhance business performance but to maintain the same market share. Competitive parity is a budgeting strategy used to protect a brand's image and market position.
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You put up $80 at the beginning of the year for an investment. The value of the investment grows 2% and you earn a dividend of $8.00. Your HPR was
If the value of the investment grows 2% and you earn a dividend of $8.00. Your HPR was 12%.
HOLDING PERIOD RETURN (HPR)Using this formula
HPR=Investment grow+(Dividend/Beginning investment)
Let plug in the formula
HPR=2% + ($8/$80)
HPR=2% +10%
HPR=12%
Therefore If the value of the investment grows 2% and you earn a dividend of $8.00. Your HPR was 12%.
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EFFECTS OF THE RUSSIAN - UKRAINE WAR
Commodity prices, including wheat, corn, have surged since Russia began its
invasion of Ukraine on 24/02/2022. Russia & Ukraine account for about 29% and
19% of global wheat and maize exports.
With Ukraine ports closed and much of Russian grain supply frozen by Western
sanctions, there are fears of tightening supplies will lead to shortages in importing
countries.
South Africa, a net exporter of maize, imports about 40% of its wheat.
The conflict will have an impact on the International wheat prices which ultimately
reflect in in SA wheat prices as well.
Adapted: econ 3x3 :editor's corner March
2022
In view of the above Information conduct a research and write a report on the impact
of the Russian - Ukraine war on the South African Economy
In your report focus on the following issues:
13
• Highlight the negative externalities that might occur in the South African
Economy, due to the above-mentioned war.
The impact of the Russian - Ukraine war on the South African Economy is that It has lead to the pushing up of prices in South Africa.
What is the impacts of the war in SA.?The Russia's invasion of Ukraine and the sanctions that were said to have been placed on Russia have made a lot of commodity prices to be going up, and thus it has adverse implications for South Africa's as there are now consumer price inflation.
Most cereals and machineries in South Africa is been imported from Ukraine and this is known to have affected their economy a lot as it has lead to food and fuel crises.
Note that the impact of the Russian - Ukraine war on the South African Economy is that It has lead to the pushing up of prices in South Africa.
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Shelby wants to insert a new row by selecting the insert rows button. where will her new row appear on the datasheet?
The new row will appear below the row been clicked for the insertion of the rows option.
What does new row means?In a spreadsheet, this means the addition of a new row to the existing rows on the sheet.
Therefore, the new row will appear below the row been clicked for the insertion of the new rows option and this will allow the user to work on the new inserted row.
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Marcos has multiple duties at work. Sometimes, he has so many projects and deadlines that he
gets overwhelmed. Which action is the best first step toward getting organized?
A) Creating an action plan showing how he will complete each task
B) Making a list of all tasks and the date each is due
C) Completing the easiest tasks first and then focusing on the harder tasks
D) Asking his supervisor to help him prioritize the tasks on his to-do list
The action that is best for first step toward getting organized Making a list of all tasks and the date each is due.
Why should he make a list?A list contains all the work Marcos is to do in order of date due for submission which will help him to know which work is to be done first.
He can also have a timetable to help him plan each day and the time to allocate for a particular project.
Therefore, Making a list of all tasks and the date each is due.
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A change in price of a good or service typically causes ___________________________ for that specific good or service.
A change in the price of a good or service typically causes a change in quantity supplied or a movement along the supply curve for that specific good or service.
What is the price?Price refers to the value that is put on a product or service after doing a complex set of calculations, research, and understanding.
Only a change in the price of the product itself is not among the factors that cause a shift in the supply curve. A change in the price of a good or service causes a change in the quality supplied or a movement along the supply curve for particular goods or services.
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What are some typical expenses for a person just starting out in a rental apartment?.
Answer:
down payment, groceries, and repair bills.
Explanation:
trust
Which of the following statements is true?
A. The World Trade Organization tries to determine who to blame in
trade disputes.
B. The World Trade Organization is only concerned with trade among
industrialized countries.
C. The World Trade Organization tries to improve trading prospects
for developing countries.
D. The World Trade Organization eventually resolves all trade
disputes successfully
SUBMIT
Answer:
C. The World Trade Organization tries to improve trading prospects
The World Trade Organization tries to improve trading prospects out of the following statements is true. The correct option is C. When countries agree to open their markets for products or services in the WTO, their commitments are "bound."
What value does the WTO bring to developing countries?The WTO accords contain various provisions that grant developing and least-developed countries unique rights or extra leniency – "special and differential treatment." Among these are provisions that allow developed countries to treat developing countries more favorably than other WTO members.
The World Trade Organization runs the global trade rules system and assists developing countries in increasing their trade capability. It also provides a venue for its members to negotiate trade agreements and resolve trade disputes with one another.
Thus, the ideal selection is option C.
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Imagine you are working in business analytics for a company that interests you. It could be a sports team, a movie studio, a video game maker, or a clothing designer, for example. Explain how you would use business analytics to improve the company’s goods or services. Make sure your answer shows your knowledge of what business analytics is.
Modern big data analytics and operations expect the styles of consumers. After that, they use the one's styles to inspire brand loyalty as they are able to acquire greater data to examine greater developments for customer satisfaction.
What do you mean by Business analytics?
Business analytics (BA) is a set of disciplines and technology for fixing commercial enterprise issues with the usage of records analysis, statistical models, and different quantitative methods.
Business analytics allows for handing over smarter offerings and products.
Thus, Business analytics allows organizations to provide better products and improve customer satisfaction.
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Please select the word from the list that best fits the definition under this program, parents may receive a voucher equal to the amount their state spends on education for their child.
The program that allowed for parents to receive a voucher for the amount their state spent on education for their child referred to School choice.
How did the government encourage home schooling?Under the concept of school choice, the state government would give a voucher to parents who elected to use homeschooling.
This voucher would be of the same amount that the government would have spent on educating the child if they had gone to public school.
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Conducting an inaccurate self-assessment can lead you to work at a job that you do not enjoy. please select the best answer from the choices provided t f
When you Conduct an inaccurate self-assessment it can lead to working at a bad job that you do not enjoy : i.e Statement in the question is TRUE
What is self assessment ?Self assessment is the evaluation of the performance of oneself which is based on a preset standard. Self assessment can help us to determine t areas in our personality that requires improvement , which in turn will enable them make important decisions.
In Conclusion When you Conduct an inaccurate self-assessment it can lead to working at a bad job that you do not enjoy.
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Consider the following information. Suppose FC=$11,400. Further suppose that when q=9 then AVC=$1,500 and when q=10 then ATC=$2,500. If the firm decides to make 10 units (q=10), what is the MR at q=10?
Group of answer choices:
$100
$500
$700
Not enough information
Marginal Revenue can be calculated only when the price per unit is given, but here no such information is given and calculation cannot be made.
What is marginal revenue?The additional revenue earned by a firm when it determines to produce and sell one additional unit of the same product is known as the Marginal Revenue of the same.
Marginal Revenue cannot be calculated in the absence of price information of unit or the entire cost.
Thus, option D holds true regarding Marginal Revenue.
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Carlos wrote a check for $44.92 to pay his gas bill. he’ll use the check register to record his transaction. what will be his new balance?
His new balance after the check is deducted will be $370.09
How to determine his new balance?From the complete question, we have the following parameters:
Initial Balance = $415.01 Check amount = $44.92The new balance is then calculated using:
New balance = Initial Balance - Check
So, we have:
New balance = 415.01 - 44.92
Evaluate
New balance = 370.09
Hence, his new balance will be $370.09
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Carlo's new balance will be $44.92 less than what he initially had in his account before the gas purchase.
What is a checkbook?Simply put, a checkbook is a document issued by a bank to a customer which can be used to process money out of an account.
Currently, only a current account is allowed to use a checkbook.
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Shareholders of XYZ Inc. have received a letter advising them of an opportunity to sell their shares back to XYZ at a specified price on a specific date. XYZ Inc. is conducting a
The fact that XYZ Inc. is alerting its shareholders to an opportunity for them to sell their shares to the company means that this is a Tender Offer.
What is a Tender offer?This is an instrument by which a company uses to inform its shareholders that it plans on engaging in a share buyback.
The instrument would include the price the company wants to buy the shares, and when they want to. This is what XYZ is doing.
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Ali Co. uses a sales journal, purchases journal, cash receipts journal, cash payments journal, and general journal. Journalize the following transactions that should be recorded in the cash receipts journal. Nov. 3 The company purchased $2,000 of merchandise on credit from Hart Co., terms n/20. 7 The company sold merchandise costing $528 to J. Than for $580 on credit, subject to a $12 sales discount if paid by the end of the month. 9 The company borrowed $2,525 cash by signing a note payable to the bank. 13 J. Ali, the owner, contributed $3,825 cash to the company. 18 The company sold merchandise costing $84 to B. Cox for $150 cash. 22 The company paid Hart Co. $2,000 cash for the merchandise purchased on November 3. 27 The company received $568 cash from J. Than in payment of the November 7 purchase. 30 The company paid salaries of $1,000 in cash.CASH RECEIPTS JOURNAL Sales Accounts Cost of Goods Cash Dr. Other Discount De Receivable. Sales Cr. Accounts CF Sold Dr. Inventory Cr. Date Account Credited Discount Dr. Cr.
A general journal is a daybook in which transactions relating to adjustment entries, opening stock, depreciation, accounting errors etc. are recorded.
How to illustrate the journal?9-Nov Notes Payable $ 3,750 $3,750
13-Nov Ali, Capital $5,000 $5,000
18-Nov Sales $330 $330 $250
27-Nov J. Than $980 $20 $1,000
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What is economic interdependence.
An economic interdependence refers to the mutual dependence of the participants in the economic system.
What do you mean by economics?An economic refers to the study of scarcity and its implications for the use of resources. It is concerned with the production, distribution, and consumption of goods and services.
An economic interdependence refers to the mutual dependence of the participants in an economic system for obtaining those products they can not produce efficiently.
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what are the qualifications for something to be used as money
Answer:
The requirements needed for something to be used as money.
1.That thing which must be useful in any purpose.
2.You have to find that person who must needed of that thing. Then he will buy from you. (Whether it's your own talent)
The primary purpose of the statement of cash flows is to:.
Answer:
The primary purpose of the statement of cash flows is to provide information about cash receipts, cash payments, and the net change in cash resulting from the operating, investing, and financing activities of a company during the period.
Stockton entered the market in China and found that it needed to balance global integration with local adaptation. It set up a Lifestyle Research Center in China to interpret data on customer wants and needs. This is an example of a company using
"Stockton entered the market in China and found that it needed to balance..." This is an example of a company using a multi-domestic strategy. This is further explained below.
What is the multi-domestic strategy?Generally, multi-domestic strategy in the market is simply defined as businesses, a multi-domestic approach means tailoring their product and marketing strategies for each country in order to maximize local response.
In conclusion, Just like any other business strategy, a company's multinational strategy must be implemented.
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Downward pressure on wages
Answer:
Answer below
Explanation:
When there is "pressure" on wages it is referring to the fact that there are more workers than there are available jobs this causes a pressure for the employers as they decide which workers get those jobs and receive those wages and who doesnt.
(hope this answers your question :) )
Suppose the price of a TV is $600 and there are two consumers in the TV market. Joe is willing to pay $700, and Isaac is willing to pay $550. How much consumer surplus exists in this market
If Joe is willing to pay $700, and Isaac is willing to pay $550. The consumer surplus that exists in this market is: $100.
Consumer surplusUsing this formula
Consumer surplus=Amount Joe is willing to pay-Price of TV
Let plug in the formula
Consumer surplus=$700-$600
Consumer surplus=$100
Therefore the consumer surplus that exists in this market is: $100.
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The 1990s court case concerning advertising of ________ is especially concerning to businesspeople who believe that commercial speech should be protected by the First Amendment.
The 1990s court case concerning advertising of tobacco is especially concerning to businesspeople who believe that commercial speech should be protected by the First Amendment.
What is advertisement?Advertisement can be defined as the process of creating product or brand awareness.
Business people believe that commercial speech which is a form of advertising of a product is to be protected so as protect people form advertisement that can be mislead.
Therefore the 1990s court case concerning advertising of tobacco is especially concerning to businesspeople.
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the ____ phase in the business cycle is a period that marks the end of declining business activity.
Answer:
trough
Explanation:
A trough is the stage of the economy's business cycle that marks the end of a period of declining business activity and the transition to expansion.
Under PPO, which of the following in-network specialists would a referral be required?
A. None of these
B. Neurologist
C. Dermatologist
D. Cardiologis
Answer:
A) none of these
Explanation:
Hope this helps you have a nice :)
Select all the correct answers. which three factors make starting a business a highly risky investment? high coupon rate uncertain business conditions large amount of capital low interest rates low liquidity
The three risk factors for starting a business are uncertain business conditions, low interest rates and low liquidity.
How to start a new business?It is essential that the entrepreneur has a broader vision and determination to overcome the initial difficulties, since every business has inherent risks that can represent barriers to the success of the business.
Therefore, it is essential that there is an alignment of objectives to the structure of the business, in addition to dedication and a strategy focused on the market.
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