Complete Question:
Suppose an event has occurred that has decreased money demand. This will cause the equilibrium interest rate to: Multiple Choice decrease, but equilibrium quantity to remain constant. decrease, but equilibrium quantity to increase. increase, but equilibrium quantity to decrease. Increase, but equilibrium quantity to remain constant.
Answer:
Suppose an event has occurred that has decreased money demand. This will cause the equilibrium interest rate to:
decrease, but equilibrium quantity to increase.
Explanation:
Money demand equilibrium occurs at the interest rate at which the quantity of money demanded equals the quantity of money supplied. This implies that all other things unchanged, a shift in money demand will lead to a change in the equilibrium interest rate. This result will come about because with the reduced interest rate, more consumers and businesses will be angling for more loans.
Glen Arbor Corporation sells DVD players. The corporation also offers its customers a 4-year service-type warranty contract. On 1/1/24, Glen Arbor sold 20,000 warranty contracts at $99 each and spent $180,000 servicing warranties during 2024 and $200,000 servicing warranties in 2025. Estimated warranty expense for the four-year period is $800,000. The Sales Warranty (Deferred Revenue) approach is applicable. Assume straight-line amortization. What is the Unearned Warranty Revenue balance at 12/31/25
Answer:
the balance of unearned revenue as on Dec 31 25 is $990,000
Explanation:
The computation of the balance of unearned revenue as on Dec 31 25 is as follows:
= Opening balance - amortization for the year 2024 - amortization for the year 2025
= (20,000 × $99) - ((20,000 × $99) ÷ 4 years) - ((20,000 × $99) ÷ 4 years)
= $1,980,000 - $495,000 - $495,000
= $990,000
hence, the balance of unearned revenue as on Dec 31 25 is $990,000
___ occurs when businesses offering competitive products attempt to satisfy the same customers wants and needs
Answer: Competitive marketing strategy
Explanation:
The competitive marketing strategy can be defined as the action plans and strategies used by the companies to get an edge over the competitive companies seeking same kind of customers in the market. They can provide more benefits in terms of low cost, additional products per sale of goods and services to attract the customers this gives an competitive advantage to them.
Why has there been (and is still) such strong opposition to the trade union movement by American business management
Answer:
the reasons have been explained below.
Explanation:
The reasons that business managements are in opposition to trade unions are:
1. Trade unions cause difficulty in getting employees to do their jobs.
2. Trade unions bring about an increase in the cost of production for managers as trade unions constantly seek for employee benefits and pensions.
3. Trade unions are sometimes against how the normal functioning of the business. This is because when things do not go their way, unions use various measures against management. E.g the use of strikes.
4. Trade unions offer no flexibility to management. Management would find it difficult to make changes fast when shifts happen in the economy, government or the business.
Which option identifies what can be inferred about Sophie's degree from the following scenario?
Sophie has graduated and obtained a job in the survey research field. She oversees a team of researchers who analyze the effectiveness of survey methodologies for a large market research
mirm.
O Sophie eamed a degree in survey methodology
O Sophie camed a professional researcher certification,
O Sophie eamed a bachelor's degree
O Sophie eamed an advanced degree
Answer:
O Sophie earned a degree in survey methodology
Explanation:
Sophie is a manager in the survey company. Her team is made up of researchers who analyze the effectiveness of survey methodologies. For Sophie to effectively manage a team of researchers, she needs to be good at research work. This suggests that Sophie must have graduated with a degree in survey methodology. The minimum requirement for a manager in many professions is a degree in the relevant field of study.
The answer is NOT:
Sophie earned a professional researcher certification.
When real estate agents sell their own, rather than clients', houses, they leave the houses on the market for a longer time (10 days longer on average) and wind up with better prices.
Suppose that real estate agents earn a commission equal to 3% of the sale value of each house that they help sell. Suppose a real estate agent has an offer on a house of $400,000. The agent can get a 5% higher offer with more effort and by leaving the house on the market for a few more weeks.
If the agent sells the house now, he will earn a commission of $________ . By keeping the house on the market and expending more effort to sell the house, the agent can earn a commission of $_______ . Thus, the agent gains $________ for the extra effort and time of keeping the house on the market.
Suppose a real estate agent has an offer on a house that he owns. The agent has a current offer of $400,000, but can get a 5% higher offer with more effort and by leaving the house on the market for a few more weeks. Assume that all of the commission is paid back to the agent, since he will act as the agent for the sale.
If the agent waits to sell the house, he gains $_________ more than selling the house now. Since this amount is ______(less/more) than what he would gain by waiting to sell a house he does not own (as in the first part of the problem), the agent is_______(less/more) likely to keep a house on the market and expend more effort to sell a house that he owns, as opposed to one that he does not own.
Answer:
If the agent sells the house now, he will earn a commission of $12,000. By keeping the house on the market and expending more effort to sell the house, the agent can earn a commission of $12,600. Thus, the agent gains $600 for the extra effort and time of keeping the house on the market.
If the agent sells the house now, he will earn 3% on $400,000:
= 400,000 * 3%
= $12,000
If the agent waits, the offer could increase by 5%:
= 400,000 * ( 1 + 5%).
= $420,000
New commission would therefore be = 420,000 * 3% = $12,600
Gain = 12,600 - 12,000 = $600
__________________________________________________________
If the agent waits to sell the house, he gains $20,000 more than selling the house now. Since this amount is more than what he would gain by waiting to sell a house he does not own (as in the first part of the problem), the agent is more likely to keep a house on the market and expend more effort to sell a house that he owns, as opposed to one that he does not own.
If the agent owns the house, the gain is:
= 420,000 - 400,000
= $20,000
This amount is more than the $600 he would gain if the house wasn't his as shown in the first question.
He will therefore most likely wait and expend more effort so he gets this $20,000.
The income elasticity of demand for low quality beef is 2 Thus an 8 decrease in the quantity of low quality beef demanded A is the result of a decrease in income of 4 B is the result of an increase in income of 0.25 C is the result of an increase in income of 4 D is unrelated to any change in income
Answer: C is the result of an increase in income of 4
Explanation:
When the income elasticity of a good is negative, it means that it is an inferior good because inferior goods see their quantity demanded fall when income rises and vice versa.
In this case therefore, the income must have risen for the quantity demanded to decrease.
Income = Quantity demanded / Income elasticity
= -8 / -2
= 4
Income therefore increased by 4.
Assume that at the beginning of the year, Firm B divested itself of $20,000 of unproductive capital and earnings for the year fell by only $3,000. Abnormal earnings are:
Answer:
The correct response will be "$600".
Explanation:
The given problem is incomplete. Please find attachment of the complete query.
The given values are:
Normal earning,
= 11000
Rate of interest,
r = 8%
Now,
The abnormal earning will be:
= [tex]Normal \ earning-Net \ income[/tex]
= [tex]11000-((150000-20000)\times 8 \ percent)[/tex]
= [tex]11000-((130000)\times 8 \ percent)[/tex]
= [tex]600[/tex] ($)
if the interest rate on cds increase from 5% to 10% the opprunity cost of holding money will and the quanity demanded of money will
Answer:
D. increase; decrease
Explanation:
In the case when the rate of interest on cds increased from 5% to 10% so here the opportunity cost of holding the money would also be increased while on the other hand the quantity demanded of the money would be decreased
Therefore as per the given situation the option D is corect
And, the rest of the options are wrong
In a planned economy price of commodities are controlled by
Answer:
they are controlled by the government
Explanation:
Which of the following is a fixed asset for a business?
A. Bicycle for private use
B. Washing machine for restate
C. Motor car for family use
D. Motor lorry for delivery of goods
Answer:
D. Motor lorry for delivery of goods
Explanation:
Business assets are valuable used to generate revenue for the business. Assets can be classified as either current or fixed assets. Currents assets can be converted to cash with relative ease.
Fixed assets have a lifespan exceeding one year. Usually, a business will not dispose of its fixed assets in the current financial period. Fixed assets remain constant in a period and are used in the production process.
From the list provided, lorry is the fixed asset. It is being used to deliver goods, hence assisting in generating revenue. The lorry has a lifespan exceeding one year and is not meant for sale.
Brief Exercise 22-09 Kaspar Industries expects credit sales for January, February, and March to be $211,000, $270,600, and $315,300, respectively. It is expected that 75% of the sales will be collected in the month of sale, and 25% will be collected in the following month. Compute cash collections from customers for each month.
Answer:
Results are below.
Explanation:
Giving the following information:
Credit sales:
January= $211,000
February= $270,600
March= $315,300
It is expected that 75% of the sales will be collected in the month of sale, and 25% will be collected in the following month.
Cash collection January:
Sales on credit from January= (211,000*0.75)= 158,250
Total cash collection= $158,250
Cash collection February:
Sales on credit from February= (270,600*0.75)= 202,950
Sales on credit from January= (211,000*0.25)= 52,750
Total cash collection= $255,700
Cash collection March:
Sales on credit from March= (315,300*0.75)= 236,475
Sales on credit from February= (270,600*0.25)= 67,650
Total cash collection= $304,125
A rise in the price of Pepsi that causes a household to shift its purchasing pattern toward Coke and away from Pepsi is the ________ effect of a price change. A) income B) substitution C) complementary D) diminishing marginal utility
Answer:
B
Explanation:
Substitution effect is the change in demand as a result of the change in the price of a good relative to the price of another good.
As a result of the increase in price of Pepsi, the demand for coke increases. This is an example of substitution effect
A fundamental principle in demand analysis is that a change in price leads to Group of answer choices a shift of the demand curve. a movement along the demand curve. a leftward shift of the demand curve. a complementary movement on the supply curve.
Answer: a movement along the demand curve.
Explanation:
When the price of a good changes, demand is supposed to react to that by moving along the demand curve because the demand curve is a visual representation of the goods demanded by people at various prices.
For instance, if the price of a normal good increases, the demand will likely decrease and there will be a movement up the demand curve to show that less goods are being demanded. The reverse holds true.
In this market research step, the best solution is recommended along with the reasons why it is the best option:
a) Choose the best solution
b) Analyze data
c) Obtain data
d) Identify the problem
Answer:
a
Explanation:
got it right
Depending on a firm's approach to the competitive market place, firms within any given industry can be categorized based on strategic type. A firm's strategic type can provide insight into how the firm will seek to shape and/or respond to changes within its environment. This activity is important because marketing managers need to be mindful of the organizational strategies in play when developing marketing strategies for their firms. The goal of this exercise is to demonstrate an understanding of Miles and Snow's four strategic types that classify the organizational strategies of firms. Miles and Snow propose several categories of firm within any given industry based on strategic type. Firms of a particular strategic type have a common strategic orientation and a similar combination of structure, culture, and processes that follow their organizational strategy. The four strategic types are prospectors, analyzers, defenders, and reactors.
Mathc the related item to its appropriate position depending on which strategic type it represents.
a. Proctor & Gamble
b. Tesla
c. Kmart
d. Mrs. Fields
Prospector Analyzer Defender Reactor
Answer:
a. Proctor & Gamble - Analyzer
Reason: P&G is a huge company with a strong market share. Also, innovation is key at P&G. Hence, their focus is to protect existing market share and look for new opportunities through innovation.
b. Tesla - Prospector
Reason: Tesla is still growing and is innovative and has a decentralized control.
c. Kmart - Defender
Reason: Kmart has a certain market share which it is trying to protect by implementing strategies which also involves closing stores, moving to new businesses.
d. Mrs. Fields - Reactor
Reason: Mrs. Fields is a slow organization that often will change after looking at other changes.
Once you have completed your assignment, you will see your progress, accuracy, and a list of the most challenging concepts before returning to your Connect assignment.
a. True
b. False
Answer:
True.
Explanation:
Connect assignment refers to an educational web-based platform that offers assistance to students on assignment and assessments by connecting them with good and experienced tutors.
Once you have completed your assignment, you will see your progress, accuracy, and a list of the most challenging concepts before returning to your Connect assignment.
Answer:
When Carti said " " I felt that
Civil rights laws protect against discrimination in all but what area?
You have always thought that hiking in the Rocky Mountains would be fun. However, this activity would cost money and require time away from other activities. This situation best exemplifies:
Answer: trade off
Explanation:
A trade-off occurs when one has to reduce something or loose something for the person to enjoy another thing or gain from something else. During a trade off, an increase in a particular thing leads to a loss somewhere else.
Since the this activity would cost money and require time away from other activities. This is a trade off.
Suppose that a business incurred implicit costs of $200,000 and explicit costs of $1 million in a specific year. If the firm sold 4,000 units of its output at $300 per unit, its accounting profits were: Group of answer choices zero and its economic loss was $200,000. $100,000 and its economic profits were $100,000. $100,000 and its economic profits were zero. $200,000 and its economic profits were zero.
Answer: $200,000 and its economic profits were zero.
Explanation:
First and foremost, we should note that when calculating accounting profit, the implicit cost isn't taken into consideration.
Therefore, the accounting profit will be:
= Revenue - Explicit Cost
= (4000 × 300) - Explicit cost
= 1,200,000 - 1,000,000
= 200,000
Then, Economic Profit will be:
= Accounting profit - Implicit cost
= 200,000 - 200,000
=0
Therefore, its its accounting profits were $200,000 and its economic profits were zero.
Should VALORANT give out free skins?
Explanation:
Take a meme.
Suppose that three firms make up the entire wig manufacturing industry. One has a 60% market share, and the other two have a 20% market share each. The Herfindahl index of this industry is . Mane Attraction, one of the firms with a 20% market share in the wig manufacturing industry, leaves the market. This would cause the Herfindahl index for the industry to . Why is the largest possible value of the Herfindahl index is 10,000
Answer:
4400
Increase
c. An index of 10,000 corresponds to a monopoly firm with 100% market share
Explanation:
Here are the options to the last question
Why is the largest possible value of the Herfindahl index 10,000 ?
a. An index of 10,000 corresponds to 100 firms with a 1% market share each
b. An industry with an index higher than 10,000 is automatically regulated by the Justice Department
c. An index of 10,000 corresponds to a monopoly firm with 100% market share
HHI index = 60² + 20² + 20² = 4400
If one of the firms leaves the industry, the market share would be distributed between the two firms and this would cause the HHI index to increase as firm's concentration would increase
If only one firm operates in the industry, its market share would be 100% and its HHI index would be 100² = 10,000. For an industry to exist there has to be at least one firm operating in the industry,
the decision-makers that experience scarcity.
Answer:
Governments, companies, and individuals
Explanation:
Answer:
goverments companies induvuduaks
Explanation:
Megan and Susan are roommates. They spend most of their time studying (of course), but they leave some time for their favorite activities: making pizza and brewing root beer. Megan takes 5 hours to brew a gallon of root beer and 3 hours to make a pizza. Susan takes 8 hours to brew a gallon of root beer and 4 hours to make a pizza.
Megan's opportunity cost of making a pizza is ______________ of root beer, and Susan's opportunity cost of making a pizza is ______________ of root beer. __________has an absolute advantage in making pizza, and ___________ has a comparative advantage in making pizza. If Megan and Susan trade foods with each other, ___________ will trade away pizza in exchange for root beer. The price of pizza can be expressed in terms of gallons of root beer. The highest price at which pizza can be traded that would make both roommates better off is ____________ of root beer, and the lowest price that makes both roommates better off is _________ of root beer per pizza.
Answer and Explanation:
The cost of pizza production for Megan is 3 ÷ 5 root beer gallons.
And, Susan's pizza production potential cost is 1 ÷ 2 root beer gallons
Megan also gained an edge in pizza making as she only takes three hours, whereas Susan takes four hours on the other side.
And, susan's opportunity cost is lower than megan, which means that susan has the comparative advantage.
3 ÷ 5 root beer gallon may be better off.
And the cheaper price of 1 ÷ 2gallons of root beer could be better.
A _________________ is wording that tells the reader to do something.
Question 8 options:
phrase
call to action
purpose
competition
Answer:
Call to Action
Explanation:
Just took the test and got it right:)
A customer buys an oil and gas limited partnership interest by contributing $20,000 and signing a $20,000 non-recourse note. The customer's tax basis is
Answer:
The customer's tax basis is:
$20,000.
Explanation:
The non-recourse notes of $20,000 do not provide basis for the customer's tax. Since the partnership cannot recover beyond the secured property, a non-recourse note is not a qualified basis. IRS Section 752 rules apply to non-recourse liabilities. A non-recourse note provides the basis for partnership distributions but generally do not provide basis for at-risk rules.
Why might the revenue and cost figures shown on a standard income statement not represent the actual cash inflows and outflows that occurred during a period
Answer:
Actual figures are only available after the period end using these will delay product costing, price setting and profit determination.
Explanation:
Firms use standard or budgeted revenue and cost figures in the income statement because actual figures are only available after the period end using these will delay product costing, price setting and profit determination.
The central bank would like to decrease unemployment in the economy. What open market operation would be appropriate
Answer:
Expansionary policy
Explanation:
Expansionary monetary policy are policies undertaken by the central bank of a country to increase the money supply in the economy.
Expansionary monetary policy include :
Reducing reserve requirementopen market purchasesWhat are the biggest obstacles faced by a brick and mortar company that wishes to establish an eCommerce website? (Hint: don't just focus on technical issues, consider cultural obstacles, pushback from various constituencies, customer acceptance and satisfaction, etc.)
Answer:
Explanation:
There are many obstacles that such a company may face when pursuing such an endeavor. One of which is establishing the site, knowing how to properly manage and communicate with potential buyers. Another would be language barriers, as an e-commerce site you become available to a much wider audience and not all of which speak the language that you speak. Therefore, figuring out how to properly communicate and help these individual's is key. Another big obstacle would competition, by getting into e-commerce you are also entering a market that is full of already established competitors that will do everything to outperform you.
Suppose the market for exercise bikes experiences the following event: The government reduces subsides on exercise equipment. What will be the effect on the equilibrium
Answer:
equilibrium price rises and equilibrium quantity decreases
Explanation:
Subsidies reduce the price of an item. If subsidies are decreased, exercise bikes become more expensive. Due to the higher price, the demand for bikes would reduce. Thus equilibrium price rises and equilibrium quantity decreases
Is true or false Each person must determine the priority of his/her loyalties and weigh the consequences of withholding confidential information, when asked to withhold information that is harmful to others or illegal.
Answer:
sojajshsjsushshhjuehsysususuhwअंफंफःछठःफृठःछःछःचंटंपफंअंफफंफंअंफखःबेऋठधछदगं
false because the f of the true shs is true
