An excess supply of a good or service than the quantity demanded then it is most likely dealing with a Economic Surplus.
What is demand?Demand refers to the desire to purchase the commodity along with having the purchasing power. It the willingness to purchase certain price of the commodity at the given period of the time.
In the market, if the supply of the commodity increases then the quantity demanded that situation is called as the Economic surplus. In such case, the prices of the commodity will decrease as their is no demand for the product.
Thus the excessive supply of the commodity can be inferred as the economic surplus.
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If you were tasked with going into an elementary school and teaching the
students general economics, what would you tell them?
Answer:
That all depends on what they are learning
Explanation:
I would tell them that their world is about to end, and one day they may not be around to see the life that the aliens created.
Allan Jabber invested $400 at the beginning of each of the last 12 months in the shares of a mutual fund that paid no dividends. Which method will he correctly choose to calculate his average price per share from the monthly share prices
The method that he will correctly choose to calculate his average price per share from the monthly share prices is: Harmonic mean.
What is Harmonic mean?
Harmonic mean can be defined as a method that is used by companies or organization to determine average price per share.
Formula for harmonic mean is:
Harmonic mean=Number of observations ÷ Number of series
Therefore Harmonic mean is use to find average price.
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Assess the executive summary of the business plan. This is the part where the company's mission statement and the purpose of the business will be listed. Make sure that the overview of the company is stated clearly.
ASAP 100 POINTS!!!
The executive summary should be concise, clear, and engaging, and should provide a compelling overview of the company and its goals. It should encourage the reader to want to learn more about the business and to continue reading the full business plan.
The executive summary of a business plan is a brief overview of the entire plan and should include the most important information about the company. It should include the mission statement, purpose of the business, and a clear overview of the company. Here are some tips for writing a clear and effective executive summary:
Start with a strong opening statement that captures the reader's attention and sets the tone for the rest of the summary.
Clearly state the purpose of the business and what products or services it will provide.
Include the mission statement, which is a clear and concise statement that describes the company's purpose, goals, and values.
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13. Equipment that cost $659000 and has accumulated depreciation of $289000 is exchanged for equipment with a fair value of $480000 and $120000 cash is received. The exchange lacked commercial substance. What amount of the gain is to be recognized from the exchange
The amount of gains that are to be considered for exchange of the equipment will be around $46,000.
What are gains?
The excess amount benefitted from a financial transaction are known as gains. Using the information above, the gains will be calculated as:
[tex]\rm Gains= (Fair\ Value+ Cash\ Received) - (Cost- Depreciation\ Value)\\\\\rm Gains=600000-370000\\\\\rm Gains=230000[/tex]
However, the actual realized gains for the exchange of equipments will be as:
[tex]\rm Realizable\ Gains\ = 230000\ x\ \dfrac{120000}{600000}\\\\\rm Realizable\ Gains\ = \$46000[/tex]
Hence, the gains realized from the exchange of equipment will be $46,000.
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__________are networks of independent companies, suppliers, customers, and manufacturers connected via information technologies so that they can share skills and costs and have access to each other's markets.
The complete statement reads "Virtual organization networks of independent companies, suppliers... " This is further explained below.
What is a virtual organization?Generally, the virtual organization is simply defined as
In conclusion, Using information technology, a virtual organization is a network of independent enterprises, suppliers, consumers and manufacturers that may pool talents and expenses and get access to one other's markets via the sharing of information.
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A student made a table in Excel and enters data in an adjacent cell. What is an advantage of making the table in an Excel worksheet?
Excel automatically adds the data from the adjacent cell to the table.
The user has the option to include the adjacent data in the table.
Adjacent cells can be filtered according to the data in the table.
Table headings are automatically applied to data in the adjacent cell.
The advantage of making the table in an Excel worksheet is that the adjacent cells can be filtered according to the data in the table.
What is an adjacent cells?In a Spreadsheet, these are cell that is in the same row and adjoins the current cell in a worksheet.
Hence, the advantage of making the table is that the adjacent cells can be filtered according to the data in the table.
Therefore, the Option C is correct.
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A tool manufacturer is planning to set up a production plant abroad. It has selected five potential countries based on their population size, stage of economic development, labor costs, and access to world markets. Considering the connection between culture and competitive advantage, which country would be the best investment site for this company
The best investment site for this company is Country B, where education is well-developed and social stratification is lacking.
What is competitive advantage?Competitive advantage can be defined as the factors, conditions, or circumstances that allow a business firm (company) to manufacture finished goods or services better and perhaps, cheaper than other rival business firms (companies) in the same industry.
This ultimately implies that, competitive advantage is responsible for putting a business firm (company) in a superior and more favorable position than its rivals.
In this scenario, we can infer and logically conclude that the best investment site for this company is Country B, where education is generally well-developed and social stratification is completely lacking.
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Discuss ways in which business can deal with change in the workplace
Some of the ways in which businesses can deal with the change in the workplace are
Always be honest and assure your concerns Communicate with the officials Always ask questions and clear your doubtsMotivation from seniorsWhat is meant by a change?A change is referring to something which is different from the previous and is to be accepted by the people.
Business change can be arises in the organization where it wants to modify or transform any operation or activity performed in the workplace. The seniors want to assure and motivate the working employees to accept and adapt to that change.
Therefore, the management officials have to implement some ways so that the employees can able to cope with that change.
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How many hotdogs are estimated to be eaten per second from memorial day to labor day?.
Answer:
818 hotdogs
Explanation:
Yes, thats the answer :)
Most internet reference sites are free to use. t/f
please select the best answer from the choices provided
Answer:
It is true the person above is wrong I have proof
Explanation:
Answer:
The answer is TRUE.
1. mcknight company is considering two different capital expenditure proposals. project a will cost $400,000, has an expected useful life of 10 years, a salvage value of zero, and is expected to increase net profit in year 10 by $70,000. project b will cost $310,000, has an expected useful life of 10 years, a salvage value of zero, and is expected to increase net profits by $55,000. a required rate of return of 9% is appropriate for both projects. calculate: a) the net cash flow in year 10 for projects a and b b) the present value of the net cash flows for projects a and b
Answer and Explanation:
The computation of the net present value and profitability index of each project is shown below;
The net present value
For the project 1
= Present value × PVIFA factor for 10 years at 9% - initial cost
= $70,000 × 6.4177 - $400,000
= $49,239
for the project 2
= Present value × PVIFA factor for 10 years at 9% - initial cost
= $55,000 × 6.4177 - $310,000
= $42,973.5
Now the profitability index is
For project 1
= ($70,000 × 6.4177) ÷ $400,000
= 1.12
And, for project 2
= ( $55,000 × 6.4177) ÷ $310,000
= 1.14
Suppose Futurebook Co.'s willingness-to-sell for an e-reader is $50 and the firm has $57 of producer surplus. What is the market price of the tablet
The market price of the tablet is $107.
What is producer surplus?The producers surplus refers to the difference between the producer's willingness to accept a price and the final price received.
The market price is computed as;
= Sales + producer surplus
= $50 + $57
= $107
Hence, the market price of the tablet is $107.
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What is the relationship between costs of materials and distribution channels?
Answer:
A distribution channel is the set of steps it takes for a product to get in the hands of the key customer or consumer. Distribution channels can be direct or indirect. Distribution can also be physical or digital, depending on the kind of business and industry.
Explanation:
At their accounting meeting, philipe tells justin to stop making foolish comments. justin, who felt he was being treated unfairly, says nothing for the remainder of the meeting. in this example, justin was acting _______. a. positively b. assertively c. arrogantly d. passively please select the best answer from the choices provided a b c d
In the remainder of the meeting, Justin was acting passively hence option D is the correct answer.
What is meant by acting Passively?Passively is an adjective that describes how a person responds to situations, other adjectives are aggressively, calmly, etc.
It should be noted that these adjectives are associated with emotions.
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adjective. not reacting visibly to something that might be expected to produce manifestations of an emotion or feeling. not participating readily or actively; inactive: a passive member of a committee. not involving visible reaction or active participation: to play a passive role. inert or quiescent.
High quality LMX is related to Group of answer choices increased job satisfaction. reduced organizational commitment. higher turnover. effort in building good relationships.
High quality LMX is related to the D. effort in building good relationships.
What is High quality LMX?It should be noted that High quality LMX describes the positive and healthy relationship between the managers and their employees.
Therefore, it can be deduced that a high quality LMX is related to the effort in building good relationships.
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I really need help with this one this is also my final if you wondering why I’m posting it
Lily is making her first resume and has no past experience so to boost her resume she can emphasize on her education and highlight her strong GPA.
What is the resume?Resume is the document of the job seeker in which he includes his work experience, his qualifications, educational background etc. A resume is accompanied by the offer letter in which his states his interest of working in the organization.
In the statement Lily is making her first resume as she has no past experience in order to make her resume attractive to the interviewers she can highlight her academics performance. She can include the extra curricular activities in which she took part.
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Economies of scale, being closer to customers to reduce distribution costs, or being nearer to resources, are reasons why companies may spend millions of dollars to move their
Economies of scale, being closer to customers to reduce distribution costs, or being nearer to resources, are reasons why companies may spend millions of dollars to move their facilities
What are Economies of Scale?This refers to the saved costs that are gotten by the increased production of goods that are essentially cost advantages.
Hence, we can see that in order to reduce distribution costs, or to be nearer to resources, this is why companies may spend millions of dollars to move their facilities
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The new economy a. all of the above. b. moves white collar jobs to countries with cheaper labor. c. shifts demand from physical labor to cognitive abilities. d. moves manufacturing to countries with cheaper labor.
The new economy will move white-collar jobs, shift demand from physical labor and moves manufacturing to countries with cheaper labor. Thus the correct option is A.
What is an economy?An economy is a huge series of connected production and consuming activity that helps determine how limited resources are distributed in an efficient manner.
The new economy will help provide better production options with cheaper labor available in countries and advanced technology utilization. Small firms can also do business with the help of entrepreneurship by bringing innovative ideas to work.
This will bring cultural advancement which helps in hiring people from diversified backgrounds at work and by moving white-collar jobs to countries with cheaper rates. This will help them with opportunities to grow.
Therefore, option A all of the above is the correct answer.
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When delivering 2023 leaf, explain there are three ways to initiate standard and trickle charging. What are they?.
Three ways to initiate standard and trickle charging are Immediate, remote and timer charging
What is charging?Charging is the process of transferring energy or power to a particular energy source.
We have timer charging and remote charging which helps in power transfer.
Therefore, Three ways to initiate standard and trickle charging are timer and remote charging.
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An example of an explicit cost of production would be the a. lease payments for the land on which a firm's factory stands. b. value of the time the business could've spent producing something else. c. cost of forgone labor earnings for an entrepreneur. d. lost opportunity to invest in capital markets when the money is invested in one's business.
An example of an explicit cost of production would be the lease payments for the land on which a firm's factory stands.
What is explicit cost?Explicit cost refers to the total expenses, expended towards the production of a product. They are expenses incurred, hence have direct impact on the purchase of factors of production.
Hence, an example of an explicit cost of production would be the lease payments for the land on which a firm's factory stands.
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9) what is one downside of using a savings account instead of a checking 1pc
account?
your savings account has high fees attached to it, while your checking account does
not
your savings account has a limit of 6 withdrawals per month, while your checking
account does not
your parents need to help you open a savings account, but you can open a checking
account without them
far fewer banks offer savings accounts, while far more banks offer checking
accounts
Savings account has a limit of 6 withdrawals per month, while checking account does not, is s one downside of using a savings account instead of a checking account.
What is meant by checking account?Checking account is the regular account that facilitates the customer to deposits a withdrawal the money any time with no number of limit.
Checking accounts provides the limitless translation to the customer, and for this use businessman or businesswomen uses this account.
Thus, option B is correct.
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To what extent does woolworths have over the macro environment
It is shree's job to constantly monitor the information on the company website to make sure it is accurate, up-to-date, and relevant to their customers. which of the 7cs of the digital retailing framework is shree concerned with?
Shree is concerned with the connection because it is important to have a proper customer connection with the company in order to development.
What are 7cs?The seven C's of communication are a list of principles for written and spoken communications to ensure that they are effective.
The seven C's are: clarity, correctness, conciseness, connection, concreteness, consideration and completeness.
Digital retailing can help dealers reach a wider set of consumers and create an experience that differentiates their dealership from others.
Thus, connection is the 7cs for which Shree should be concerned.
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Unity of ______ results in an effective organization where activities are focused and individuals and groups have one plan of action to guide managers and workers as they use organizational resources.
An organization where the individuals and groups have one plan of action for providing guidance to their managers and employees is considered the unity of direction.
What is management?Management consists of top head officials who regulate and guide the working of the organization and its workforce.
The unity of direction is one of the principles developed by Henry Fayol. It concerns having only one plan and one head for each and every activity performed by the employees in the organization. This could help in preventing the allocation of the same work to two employees, that is, the dual subordination.
Therefore, the function of unity of direction has been highlighted in the provided question.
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What is the effect of wordsworth’s use of the word company in this passage? the word shows that the speaker does not feel lonely when he is surrounded by daffodils. the word suggests that the flowers are united against the speaker. the word emphasizes that the speaker is willing to work hard. the word signals the speaker’s inability to understand the meaning of the daffodils.
The effect of Wordsworth’s use of the word company in this passage is: The word shows that the speaker does not feel lonely when he is surrounded by daffodils.
What is company?Company means to be around people or to be around of people or someone that makes you happy and keep you company.
Wordsworth’s using the word company signifies that the speaker is not lonely whenever daffodils are around him.
Therefore the correct option is A.
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Answer:
A
Explanation:
a dealership purchased a four-door sedan
You will have $____ in six years if you set aside $5,000 at 8%. (use the future value tables from chapter 5.)
Answer:
7,934.35
Explanation:
You will have $7,934.35 in six years if you set aside $5,000 at 8% according to the future value tables.
What is the future value table?The future value tables, often known as FV tables, are used to calculate future values without the aid of a financial calculator. They offer the value of the 1 received now at the conclusion of period n at an i% discount.
An approach for estimating an annuity's future value is represented by an annuity table. When a specified interest earnings rate is assumed, the annuity table includes a factor that is relevant to the future value of a series of payments.
For investors and financial planners, the future value is crucial because they use it to predict how much an investment made now will be worth in the future. Investors can make wise investment choices based on their projected demands by knowing the future worth.
One way to do this is to use future value, which aids investors in estimating what an asset or investment may be valued in the future.
Future value is influenced by a number of variables, including an asset's current worth, the rate of return investors anticipate, and how far into the future they wish to look.
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The amount of joint costs allocated to product X using the sales value at split-off method is (calculate all ratios and percentages to 4 decimal places, for example 33.3333%, and round all dollar amounts to the nearest whole dollar):
The amount of joint costs allocated to product X using the sales value at the split-off method is D. $67,606.
What are joint costs?In manufacturing industries with multiple products, some joint costs can be incurred for the multiple products.
Under this situation, it is at the split-off point, that the costs can be separately attributed to single products.
Question Completion and Calculations:Product Units Produced Sales Value Sales Value Additional
at Split Off Further Processing Costs
X 6,000 $ 40,000 $ 80,000 $1,200
Y 3,000 15,000 40,000 3,000
Z 1,000 16,000 30,000 1,500
Total 10,000 $ 71,000 $ 170,000 $5,700
Joint production costs for the year were $120,000.
Join costs allocated to Product X = $67,606 ($40,000/$71,000 x $120,000)
Answer Options:A. $25,352.
B. $20,341.
C. $33,687.
D. $67,606.
Thus, the amount of joint costs allocated to product X using the sales value at the split-off method is D. $67,606.
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A cost that includes both fixed and variable cost components is called a:______a. mixed cost.b. step-variable cost.c. composite cost.d. curvilinear cost.e. differential cost.
Answer:
The answer is A. Mixed cost
Explanation:
A mixed cost is an expense that has attributes of both fixed and variable costs. In other words, it’s a cost that changes with the volume of production like a variable cost and can’t be completely eliminated like a fixed cost.How do you become a lawyer
