The fewer consumers there are who would be likely to purchase a given product, the lower its market demand will be, and the demand curve will shift left.
What is demand curve?Demand curve is a graphical representation that shows how the rate of demand for a particular products and how it varies or changes over a period of time.
Therefore, The fewer consumers there are who would be likely to purchase a given product, the lower its market demand will be, and the demand curve will shift left.
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DIY, a retail hardware store, must use reasonable care on its premises to warn its invitees of: Group of answer choices all possible dangers only serious dangers. foreseeable risks. dangers about which the business does not know.
DIY must use reasonable care on its premises to warn its invitees of dangers about which the business does not know.
What are hidden dangers?Hidden dangers can be described as dangers or threats that may not be completely predictable at a location, but that must be addressed in the event that they occur.
Since these dangers are the ones the business does not know about, the business must use reasonable care on its premises by ensuring that an ordinary person, exercising ordinary judgment, would not do anything that might cause hurt or damage in any form.
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a building was purchased for $850 000 with 10 down and the lender charged the buyer 2 discount points. How much cash did the buyer need to come up with at closing a loan for the balance
The cash that the buyer need to come up with at closing a loan for the balance is: $833,000.
Cash amountUsing this formula
Cash amount=Cost of building-(Cost of building × Discount point)
Let plug in the formula
Cash amount=$850,000-($850,000×2%)
Cash amount=$850,000-$17,000
Cash amount=$833,000
Therefore the cash that the buyer need to come up with at closing a loan for the balance is: $833,000.
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Please help worth bonus points!
Answer:
the 4th and 5th one is for france
Explanation:
this is done in france France, it is called french silver service, it's a method of food service at the table, it's known as à l'anglaise (English service)
4=the staff utilizes platters to serve cooked food
5=the last one
1= america, the first one.
2=Russia
3=russia
if I got anything mixed up, pls inform me.
how can i get financing for my self storage business how to start a self storage business
Answer:
there are a ton of programs that will fund small buisnesses but in the meantime while waiting for that to happen you could get a part time job and save all your money for the buisness or you can hussle i recomend looking into marketplace flipping it is a great way to make quick cash if your good at it
Explanation:
Price controls are sometimes used when the natural operation of free markets leads to: positive externalities. undesirable outcomes. an efficient distribution of goods. a trade deficit.
When a price controls are used, the natural operation of free markets leads to positive externalities.
What is a positive externalities?This refers to a condition that exists when the production and consumption of a good or service benefits a third party not directly involved in the market transaction.
Therefore, the Option A is correct.
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Price controls are sometimes used when the natural operation of free markets leads to undesirable outcomes. Option B. This is further explained below.
What are Price controls?Generally, Price control is simply defined as a government rule setting a maximum price for specific commodities and services.
In conclusion, Occasionally, price restrictions are implemented when the normal functioning of free markets results in unwanted consequences.
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How the government has implemented measures to prevent anti_competitive behavior by firms
Taylor gives up a 5 hour shift at work to attend a concert. The ticket price is $30. At work, Taylor makes $15.00 an hour. To an economist, what is the cost to Taylor of attending this concert
The cost to Taylor of attending this concert is $105.
What is the cost?
The amount of money that an establishment spends on the creation or manufacturing of goods or services is referred to as cost.
The formula of calculating the cost are:
Attending the cost of the concert = Total implicit + Total explicit costs.
According to the given information,
Explicit cost is the price of ticket= $30
Implicit cost is the forgone wage =$15×5 = $75
Then,
Attending the cost of the concert =$30+$75=$105
Therefore, the attending cost of the concert is $105.
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Your daily budget is $650 and your ad clicks range in cost from $1.71 to $2.25. What's the maximum amount of clicks you could receive in a given day
The number of clicks that a person can receive in a given day will be ranging from 380 to 289 clicks if the cost is between $1.71 to $2.25.
What do you mean by ad clicks?Ad Clicks are an advertising metric that counts the range of instances customers have clicked on a virtual commercial to attain a web property.
In the pay-per-click model, users bid on keywords and pay for each click on their advertisements.
As per the information, we can divide the total budget by the cost given to get the maximum amount of clicks per day.
Thus, the number of clicks that a person can receive in a given day will be ranging from 380 to 289 clicks.
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Joe borrowed $100,000 (a four-year loan at 10 percent interest) on January 2, 2020. During the course of the year, he paid back $30,000 on that debt. What would his December 31, 2020 balance sheet show for this debt
Joe's December 31, 2020 balance sheet would show a Long-term Loan Balance of $70,000.
What is the balance sheet?The balance sheet is a financial statement that shows the balances of the assets, liabilities, and equity of a person or an entity at a stated date.
The balance sheet follows the accounting equation that equates assets to liabilities and equity.
Data and Calculations:Loan receipt on Jan. 2, 2020 = $100,000
Repayment during the year = $30,000
Loan balance = $70,000 ($100,000 - $30,000)
Interest Expense = $10,000 ($100,000 x 10%)
Thus, Joe's December 31, 2020 balance sheet would show a Long-term Loan Balance of $70,000.
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Name the occupation in which people work for others and get rewarded in return
Answer:
Employment/Employers
Explanation:
Employers are the people who hire others in order to do work for a business, establisment or company with the bonus of payment.
The quick ratio provides a more reliable measure of liquidity than the current ratio especially when the company's inventory takes Blank______ to sell.
Brief, Inc., had a receivable from a foreign customer that is payable in the customer's local currency. On December 31, 2020, Brief correctly included this receivable for 372,500 local currency units (LCU) in its balance sheet at $240,000. When Brief collected the receivable on February 15, 2021, the U.S. dollar equivalent was $252,500. In Brief's 2021 consolidated income statement, how much should it report as a foreign exchange gain
The amount that should be reported as a foreign exchange gain is: $12,500.
Foreign exchange gainUsing this formula
Foreign exchange gain=U.S. dollar equivalent - Local currency units (LCU)
Let plug in the formula
Foreign exchange gain=$252,500-$240,000
Foreign exchange gain=$12,500
Therefore the amount that should be reported as a foreign exchange gain is: $12,500.
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Brandon, a manager at Cerium Corp., is required to provide individual performance feedback to his subordinates. In this scenario, the communication between Brandon and his subordinates is at a(n) _____ level.
Based on the fact that Brandon has to provide information to subordinates, this communication is at an organizational level.
What is organizational level communication?
This refers to communication that takes place between employees of a company as a result of organizational requirements.
Brandon as a manager, has to communicate with other employees who are subordinates so this is organizational level communication.
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Donald, a banker in an investment firm, has long hair. His boss thinks that all men who have long hair are not serious about their work. In this scenario, Donald's boss is guilty of _____.
In this scenario, Donald's boss is guilty of Stereotype as thinks that all men who have long hair are not serious about their work.
What is Stereotype?Stereotype is a belief in which is unfair and untrue that many people have for the other people. For example:- Girls are considered to be weak ,innocent and polite and boys are considered as very strong and they never cry.
In the above scenario, Donald who is an investment banker is judged on the basis of his physical appearance. His boss has a Stereotype that all men who have long hair are not serious about their work.
Donald must be judged by his working skills rather than his appearance. Thus the boss is guilty about his Stereotype thinking.
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Anna is a sales representative for the Midwest Medical Supply. She really enjoys working for Midwest Medical, because she and others are treated as highly valued employees. Sales reps are given freedom and flexibility in their relationships with customers. While there are only a few layers of management at Midwest Medical, Anna has found that these managers try their best to support and assist her efforts. Based on Anna's experience, it appears that Midwest Medical is a(n)
"Anna is a sales representative for the Midwest Medical Supply. She really enjoys working for Midwest..." it appears that Midwest Medical is a casual organization. This is further explained below.
What is a casual organization?Generally, a casual organization is simply defined as a collection of individuals working together for a certain goal, such as a company or government agency.
In conclusion, "Anna works for the Midwest Medical Supply as a sales representative. For her, Midwest is a great place to work, she and others are treated as highly valued employees...." Midwest Medical looks to be more of an informal company.
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The north american free trade agreement (nafta) is a trade agreement between the united states, canada, and mexico that took effect in 1994. it eliminated many tariffs and restrictions to allow free trade among these countries. discuss the positive and negative effects of the north american free trade agreement on the united states. support your conclusions with examples and evidence from the lesson.
The positive influence of NAFTA are:
Boast trade.Increase in economic output.More participation in foreign investment. etc. What is the agreement about?Others are:
Negative effect are:
U.S. jobs lost due to domestic manufacturers moving to lower-waged area of Mexico.Suppressed wages in terms of U.S. manufacturing plants.Note that the North American Free Trade Agreement (NAFTA) was known to have started off in 1994 to increase or bring about a boast in trade that took place between the U.S., Mexico, and Canada.
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kaylee is so afraid of snakes that she avoids most outdoor activities and even refuses to spend time in her own backyard alone. kaylee appears to suffer from:
Based on the described scenario, it is most likely that Kaylee is suffering from specific phobia.
What is a Phobia?This refers to the fear of something that is sometimes irrational and causes weird behavior and is diagnosed to be a psychological problem.
Hence, we can see that based on the fact that Kaylee is scared of snakes and as a result, avoids outdoor activities, and does not even spend time alone in the backyard, she likely suffers from a specific phobia.
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Unemployment that is caused by business recessions is called.
Answer:
Cyclical unemployment
Explanation:
Select the correct answer. which employee do you think is sincerely trying to maintain a positive work environment? a. akash avoids interacting with his peers as far as possible. b. tim loves the work he is doing and doesn’t pay much attention to the cramped office space he has. c. liza meets up with her friends from work every weekend. d. mae often brings little presents for her manager.
The employee who is sincerely trying to maintain a positive work environment is Tim, who loves his job despite the limitations of the environment.
How to maintain a positive work environment?Through organizational culture, the habits and values of a company are created, for this it is essential that the company structure is aligned with the objectives, in addition to the policies and conduct of employees, which must be based on integration and cooperation.
Therefore, in order to strengthen the organizational culture, a joint effort by all employees is essential, in favor of a positive work environment for development and innovation.
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Sam has a great paying job, has no dependents, and owns his own apartment. He wants to take out an appropriate loan to finance the rest of his graduate business degree, which he plans to study for at night, at a cost of $40,000. What type of loan would he consider if he really does not like to carry much, if any, debt
Sam would collect student loan if he really does not like to carry much, if any, debt.
What is loan?Loan involves borrowing certain amount of money usually from a lender.
The borrower and lender agree on a payment plan that will ensure the payment of the loan.
Therefore, Sam would collect student loan if he really does not like to carry much, if any, debt.
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Unemployment that results because some people are searching for jobs is called a. the natural rate of unemployment. b. cyclical unemployment. c. structural unemployment. d. frictional unemployment.
Answer:
D
Explanation:
Frictional unemployment naturally occurs, even in a growing, stable economy. Workers choosing to leave their jobs in search of new ones and workers entering the workforce for the first time constitute frictional unemployment.
The multi resource company manufactures two lines of washing machines, regular and deluxe. the contribution margin per unit of a regular model is $110 and for deluxe model is $175. the company has two departments, assembly and testing. the regular model requires 3 hours to assemble, while a deluxe model requires 4 hours. the total time available in assembly is 12,144 hours. in the testing department, it requires 2. 5 hours to test a regular model and 1. 5 hours to test a deluxe model. a total of 6,240 hours of testing time is available. based on this information, the optimum production plan for multi resource is:
Based on this information, the optimum production plan for multi-resource production is 3,036 Deluxe models.
What is the optimum production plan?The optimum production plan is the production plan that yields the highest level of contribution margin per unit of the limited resource.
Data and Calculations:Regular Deluxe Total
Contribution margin per unit $110 $175
Assembly hours 3 4 12,144
Testing hours 2.5 1.5 6,240
Limited resource = Assembly hours
Contribution margin per unit of limited
resource = $36.67 ($110/3) $43.75 ($175/4)
Thus, the optimum production plan is to maximize the contribution margin per unit of the limited resource by producing 3,036 units of the Deluxe Model (12,144/4).
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A schedule is useful for _______. a. Visualizing all your commitments b. Solving workflow problems c. Maintaining your responsibilities d. All of the above Please select the best answer from the choices provided
A schedule is useful for visualizing all your commitments, solving workflow problems and maintaining your responsibilities.
What is the use of a schedule?A schedule is something refer to the time that is planned in a proper way.
It is a sequential and organized time table that gives the idea about the available time, what is to be done, when is to be done and in what duration.
It saves the money and time as well.
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You shouldn't take your investments out early. What do you think are some consequences of taking money out of your retirement early?
Answer:
You could trigger a higher tax bill.
You may have to pay a penalty.
Your request might be denied.
The withdrawn funds won't earn interest.
The distribution might not be protected from creditors.
Explanation:
This is for the Globalization Trend Quick Check. (Economics B, Lighthouse Connections)
1) Which of the following correctly describes globalization?(1 point)
A) Globalization is the increase in income inequality within developed countries.
B) Globalization is the process of decreasing per-unit costs with increasing production.
C) Globalization is the process of integration among individuals, businesses, and governments.
D) Globalization is the increase in the value of knowledge and information within an economy.
2) Which of the following is an example of economies of scale?(1 point)
A) A business increases its production of widgets, and the cost of producing each widget decreases.
B) A business increases its production of widgets, and the total cost of production decreases.
C) A business decreases its production of widgets, and the total cost of production decreases.
D) A business decreases its production of widgets, and the cost of producing each widget decreases.
3) Which of the following explains why many small businesses struggle to compete with larger firms?(1 point)
A)Small businesses are unable to offer the same variety of products that larger firms are able to produce.
B) Small businesses are unable to specialize to the degree that larger firms are able to.
C) Small businesses are unable to provide the kinds of products that consumers want.
D) Small businesses are unable to sell their goods at the higher prices set by larger firms.
4) Which of the following is true of a market economy?(1 point)
A) There are no forms of government control or intervention.
B) It inhibits the influence of free trade and exchange on the free market.
C) There are no countries in the world currently transitioning to a market economy.
D) It opens the country's markets to international importing and exporting.
5) Which of the following is true of the economic transition process from a command economy to a market economy?(1 point)
A) The nation changes its fundamental economic organization and begins to minimize the amount of entirely new free market institutions.
B) The nation will attempt to stabilize its economy by establishing various monetary and fiscal policies, reducing market volatility and stimulating economic growth.
C) Individuals and institutions rely more and more on the instruction of and distribution by other people and organizations.
D) The country's markets become less open to international importing and exporting.
Based on the trends of globalization, the following are true:
C) Globalization is the process of integration among individuals, businesses, and governments.A) A business increases its production of widgets, and the cost of producing each widget decreases.A)Small businesses are unable to offer the same variety of products that larger firms are able to produce.A) There are no forms of government control or intervention.B) The nation will attempt to stabilize its economy by establishing various monetary and fiscal policies, reducing market volatility and stimulating economic growth.What does globalization mean?Globalization refers to the tendency of the world to become increasingly integrated across borders.
This means that individuals, businesses and governments, begin to work together more often in order to increase production and market reach.
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BSU Inc. wants to purchase a new machine for $29,300, excluding $1,500 of installation costs. The old machine was bought five years ago and had an expected economic life of 10 years without salvage value. This old machine now has a book value of $2,000, and BSU Inc. expects to sell it for that amount. The new machine would decrease operating costs by $7,000 each year of its economic life. The straight-line depreciation method would be used for the new machine, for a six-year period with no salvage value.Instructions
a. Determine the cash payback period.
b. Determine the approximate internal rate of return.
c. Assuming the company has a required rate of return of 10%, state your conclusion on whether the new machine should be purchased.
Tobin inherited 100 acres of land on the death of his father this year. A Federal estate tax return was filed and the land was valued at $300,000 (its fair market value at the date of the death). Tobin's father originally acquired the land years ago for $19,000 and prior to his death made permanent improvements of $6,000. What is Tobin's basis in the land
The basis of Tobin's land was stepped up or down to the fair market value, and that value was $3,00,000.
What is inherited property?When a death happens in a year, the ground of the property is travelled up or downbound to the fair market value on the day of death if there is an inheritance case.
The process of property to a successor or heirs upon the death of the owner, often known as succession. The term “inheritance” besides refers to the property.
Tobin has inherited a property from his father, that died in the present year, and the sightly market value on the date of death, according to the federal estate tax return, is $3,00,000. Tobin's basis in land is $3,00,000.
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1. Discuss the type of employees for which the application of Scientific Management work best (determine/understand purpose of Scientific Management to determine who it works best for) 2. Explain how to address the problems defined in the video using Scientific Management. 3. Discuss what can be done to fix these problems using Scientific Management.
The type of employees for which the application of Scientific Management Theory will work best are those who work as part of a production line; or those who work in a manufacturing plant.
What is the key purpose of Scientific Management?The key purpose of Scientific Management is to enhance the economic efficiency of the production process, especially the aspect that is related to the productivity of labor.
Hence, it is correct to state that the type of employees for which the application of Scientific Management Theory will work best are those who work as part of a production line; or those who work in a manufacturing plant.
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businesses can reduce income inequality by which action?
Businesses can decrease income equality by paying minimum equal wages to the employees to fulfill their basic needs.
What are the causes of income inequality?Income inequality refers to the fluctuations in the distribution of income among individuals based on their background or society. The reasons for this income equality are a technology that replaces humans at the workplace.
Organizations opted for outsourcing people from overseas for the roles which cause income inequality. Racial discrimination also leads to disparities in the distribution of income among people from different societies or races.
Therefore, organizations need to pay minimum income to employees to reduce income inequality.
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Widgets, Inc. makes a $300 on Widhets, Inc. makes a $300 account sale to Custom Motors. How is the sale recorded in the Accounts Receivable subsidiary ledger?
A. It is recorded upon payment
B. as $300 payment
C. as $300 credit
D. as $300 debit
