In the case above, the he discount effect on marginal revenue differ by option A: discount effect would be smaller for a change from 100 to 101 units than 1,000 to 1,001 units.
What does a discount in marketing mean?Discount pricing is a form of promotional pricing strategy where the original cost of a good or service is decreased in an effort to draw more customers, move inventory, and boost sales. Consumers love feeling as though they are getting a good deal, which is why they are drawn to lower prices.
Hence, A price reduction offers a financial benefit, an incentive for customers to buy the product, according to the economic effects of price reductions. Numerous earlier studies have shown that consumers perceive greater levels of savings for a product when a larger price discount is offered.
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malcolm has a capital balance of $57,200 after adjusting to fair market value. celeste contributes $44,800 to receive a 25% interest in a new partnership with malcolm. determine the amount and recipient of the partner bonus. $fill in the blank 1 bonus paid to
After accounting for fair market value, Malcolm's capital balance is $57,200. Celeste invests $44,800 in exchange for a 25% stake in Malcolm's new company. The partner bonus is $19,300.
What is the capital, exactly?A factory and its equipment, intellectual property like patents, or the financial assets of a person or firm are all included in the broad definition of capital along with other goods that bring value or benefit to their owners.
The term "capital" can refer to money in and of itself, although it is more usually used to describe money that is being used for investments or productive purposes. In general, cash is crucial to running a business on a daily basis and funding future growth.
Calculation:
Equity of Malcolm = $57,200
Celeste contribution = $44,800
Total equity after celeste contribution = $57,200 + $44,800
= $1,02,000
Celeste equity interest = 25% of $1,02,000
= $25,500
Celeste's contribution minus celeste's equity stake equals the partner bonus.
= $44,800 - $25,500
= $19,300 bonus paid to partner
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Which situation best illustrates the role of businesses in the circular flow of
goods?
A. A website sells products from many different companies.
B. A company manufactures a new type of truck.
C. A student gets a part-time job to help pay her bills..
D. A mill produces lumber used to build new houses.
The situation which best illustrates the role of businesses in the circular flow of goods is:
(B) A company manufactures new type of truck
The circular flow of goods describes a market situation in which a specific company in a market system produces a new line of products that differs from their usual production line. The circular flow model depicts how money flows in an endless loop from producers to households and back again. In an economy, money flows from producers to workers as wages and then back again as workers spend money on goods and services. Money and goods exchanged in a closed circuit have the same value but flow in the opposite direction.
With this in mind, we can see that the answer choice which correctly illustrates this is manufacturing of new type of truck.
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what power tactic is being used when a manager says that their request corresponds with a corporate policy or rule?
Legitimacy A typical definition of legitimacy in political science and sociology is the conviction that a law, institution, or leader has the authority to rule.
An individual's assessment of the propriety of a hierarchy between a rule or ruler and the subject, as well as the subordinate's duties to the rule or ruler, is involved. In order to give authority to rulers or their regulations, it is frequently necessary to invoke significant social norms. However, payoffs and inducements to subordinates are another method of trying to legitimize an action. The effectiveness of normative arguments and material incentives as legitimation methods depends on how the audience reacts to them. One cannot generalize about the effectiveness of one or the other as a generic legitimating technique, nor can one claim that legitimacy can only be achieved by adhering to one or the other. Contrarily, legitimacy is a fundamentally subjective and normative concept that only exists in a person's perception of the correctness of a rule. It differs from legality in that.
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livro company has three operating segments with the following information: in addition, corporate headquarters generates revenues of $2,000. what is the minimum amount of revenue that each of these segments must generate to be considered separately reportable?
A business segment is deemed reportable by the IFRS if it accounts for 10% or more of the total assets or revenue of the company.
What Is a Reportable Segment?The phrase "reportable segment" relates to international accounting procedures known as the International Financial Reporting Standards (IFRS). An operating segment is a reportable segment if it makes up at least 10 percent of the overall business's revenues or assets. It's like a business within a business. International accounting standards require that public companies disclose each segment’s financial activities separately, as well as include that information in the corporation’s aggregate statements. Consider how this might affect your small business's accounting.The IFRS are a set of accounting standards that outline the format for presenting financial results to investors. These standards specify a "reportable section."Generally Accepted Accounting Principles (GAAP), an alternative accounting framework to the IFRS, are mandated for use by businesses in the United States.To Learn more About IFRS refer to:
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Antonio is an artisan. The country he lives in allows him to sell his goods to people in other countries without any quotas or tariffs. Likewise, he is free to buy materials he needs for his craft from other countries without any restrictions. The country in which antonio lives practices.
The country in which Antonio lives practices a free trade.
What is free trade?A free trade system of trade does not have import or export limitations. It is also possible to think of it as the free market idea put into practise in international trade. Political parties that support free trade are primarily those that hold positions that are seen as liberal from an economic standpoint, in contrast to political parties that support protectionism, which is the antithesis of free trade and is typically supported by economic nationalist and left-wing political parties. The best example of free trade is Great Britain's unilateral policy, which abolished import and export rules and taxes between the middle of the 19th century until the 1920s. To promote domestic employment, the majority of governments continue to pursue protectionist policies like imposition of import taxes or offering export subsidies.
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steven has an urge to buy a dove ice cream bar when he enters the neighborhood convenience store. what would be the best term to describe steven's buying situation?
Steven has an urge to buy a dove ice cream bar when he enters the neighbourhood convenience store. Impulse buying would be the best term to describe Steven's buying situation.
Why do people buy things on impulse?The propensity of a consumer to make unplanned purchases of products and services is known as impulsive buying. Such impulsive purchases are typically motivated by feelings and emotions when they are made by a customer. One particular product category cannot be used to categorize impulsive purchasing.
What triggers impulsive purchases?Emotions are frequently involved in purchasing. Impulsive purchases can also be prompted by stress, despair, and even happy times. Impulsive purchases frequently originate from the simple need for a "pick-me-up" or any type of enjoyment because shopping or getting new things is fun for many individuals.
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abigail buys cookies at a local gas station for $2.00 per pack. at the grocery store, she can get 10 packs for $20. online, they will ship 15 packs to her house for $30. what is the best financial advice you can give abigail about purchasing these cookies?
Abigail can buy the cookies at any of the merchants; the cost is the same. She can buy them at any of these merchants; the cost is the same.
What does the term "financial guidance" mean?
Financial advise refers to the practice of giving others advice on the selection, purchase, or sale of financial instruments in order to achieve investment, risk management, or risk mitigation goals.
What makes financial advice so crucial?
Since you might not always have the time, a financial advisor assists you in reviewing and monitoring the performance of your investments. To make sure that your investments are in line with your financial objective, you must regularly monitor your investment portfolio.Learn more about financial advice
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which of the following is the most popular technique for gathering primary data, in which a researcher interacts with people to obtain facts, opinions, and attitudes?
a. heuristic oriented
b. survey research
c. experiment oriented
d. observation research
Observation research is the most popular technique for gathering primary data, in which a researcher interacts with people to obtain facts, opinions, and attitudes.
As the name suggests, observation is a method of gathering facts via a watch. This type of data collection is categorized as a participatory study since the researcher must spend time with her respondents in their environment while taking notes and/or recording. A variety of techniques, including listening, reading, touching, and documenting behavior and phenomenon features, can be used to acquire data through observation.
Both organized and unstructured observation research can be used to collect data. Data collection is carried out using particular variables and in accordance with a predetermined timetable in organized or systematic observation. On the other hand, unstructured observation is carried out in a transparent and unrestricted way because there are no predetermined variables or aims.
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sears sells competitor brands in its stores because buyers of want to be able to compare different brands group of answer choices specialty goods capital goods shopping goods convenience goods unsought goods
Sears sells the competitor brands in its stores because buyers of specialty goods want to be able to compare the different brands.
What are specialty goods?A class of consumer items is called specialty goods. Convenience, retail, and niche products all fall under the umbrella of consumer goods. Based on how people shop, the classification system was developed. The definition upon which this system is founded is that both convenience and specialty goods are bought according to a planned pattern. A convenience good will typically be purchased under the most accessible brand, whereas a specialty good will typically be purchased under a single brand. The consumer does not have a predetermined pattern in mind when purchasing a shopping good. In the same way, a consumer will conduct research before choosing a store to visit when they are in a shopping mall.
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paola is thinking of opening her own business. for each of the production inputs listed below, indicate whether the input incurs an implicit cost, explicit cost, or no cost.
a. Rent:
b. Wages:
c. Owned equipment:
The best option of opening her own business. for each of the production, inputs are Rent.
A company means an entity or organization engaged in professional activity. They may be commercial, industrial or otherwise. For-profit companies trade to make a profit, while non-profit businesses trade for charity.
Business is the backbone of the economy. We offer products and services that individuals and other businesses can purchase. Companies range from small to large and operate in a variety of industries. The most common types of companies are sole proprietorships, partnerships, corporations, and S-company.Learn more about business here: https://brainly.com/question/24448358
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uber's commitment to data allow the firm to:
Uber's commitment to data allows the firm to cut prices.
Lyft is a notable desire in instances of excessive calls for or when there is a driving force close by and also you need a low-cost experience fast. if you need a ride that appears right, Uber has a higher choice of vehicles. If Uber is your desire, then you will pay much less with UberPOOL.
You could now speak without delay with skilled retailers properly over the cellphone.
Whether you have a query about your account or want to report an incident, we'll be equipped to help—24/7. to talk with an agent, simply visit the assist tab of your Uber driver app and discover the blue phone icon.
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when price is above marginal cost, selling one more unit at the current price will increase profit. this concept is known as the
When the price is above marginal cost, selling one more unit at the current price will increase profit. This concept is known as the Income effect.
What do you mean by Income effect?
The income effect can be defined as the change in demand for a good or service caused by an increase or decrease in a consumer's purchasing power or real income. As Income grows, according to income, people will start to demand more.
Example : a consumer may choose to spend less on any leisure activity, because his income dropped.
The income effects helps in depicting consumer choice theory, the demands in the market and the other economic factors.
Hence, When the price is above marginal cost, selling one more unit at the current price will increase profit. This concept is known as the Income effect.
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According to mckinsey and company, which position cannot be easily replaced with robots?.
'According to McKinsey and Company, the Team managers position cannot be easily replaced with robots.
Team management is the ability of an individual or organization to manage and coordinate groups of people to complete tasks. Team management includes teamwork, communication, goal setting and performance appraisal.
Managers become good communicators by being good listeners. You give the other person time to speak. They have a clear understanding of the organization's vision and share it with team members to motivate them. They keep the team up to date on what is happening within the organization.
At its most basic level, management is a discipline comprised of five general functions: planning, organization, staffing, leadership, and administration.
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which one of the following statements is correct with respect to the characteristics of the products liability loss exposure? A. If losses are not fortuitous, premiums could increase for all policyholders. B. If a loss is fortuitous, the chance of loss could increase as soon as a policy is issued. C. Private insurance is suitable for risks where the probability and timing of loss is known. D. If the insured has control over whether or when a loss will occur, the risk is attractive to insure
The statement given in option A is correct in context to the characteristics of the product's liability loss exposure, which is 'If losses are not fortuitous, premiums could increase for all policyholders'.
Product liability is referred to as the loss exposure a company faces as a result of manufacturing, selling, or distributing a defective or n unsafe product. Any company that makes or sells such products is at risk. Associated injuries, loss or damage may occur virtually anywhere across the world once the company's products or goods have been manufactured or sold.
The rest of the statements given in the options are not correct since none of them describes characteristics related to liability loss exposure of a product.
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which professional organization sponsors the cpr certification
The AHA is the world authority on resuscitation science, education, and training. It also publishes the official CPR and ECC guidelines.
Do BLS and AHA have the same meanings?The AHA offers two CPR courses: Heartsaver CPR and BLS for the Healthcare Professional. In order to obtain your work certification, medical professionals must choose between the AHA and Red Cross BLS.Hospitals and dentists are more likely to use AHA BLS.The AHA is the world authority on resuscitation science, education, and training. It also publishes the official CPR and ECC guidelines. The AHA is trusted by millions of healthcare professionals and others for its lifesaving education, and all of the organization's earnings fund its lifesaving purpose.To learn more about AHA BLS refer to:
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where do you go to access quickbooks online training materials for your clients?
Answer:
go to the ProAdvisor menu then select the Benefits tab and go to the Training section. Select and expand the QuickBooks Online training materials for your clients' section.
Explanation:
Go to the ProAdvisor menu in QuickBooks Online Accountant. Go to the Training area by selecting the Benefits tab. The QuickBooks Online training resources for your clients section can be selected and expanded. Select Download.
How can I get training for QuickBooks Online?Select ProAdvisor Training after logging into QuickBooks Online Accountant. Access training materials and certification tests directly from QuickBooks Online Accountant's ProAdvisor tab.
What can a client see on the QuickBooks Online dashboard?The customer list includes information about your clients, including the name of their head accountant. You can also check the progress of tasks like tax returns and tax preparation. Select a client's name to view additional information. You can see what QuickBooks products they have, documents you've emailed them, and tax return information by clicking on the tabs on their profile.
Are QuickBooks courses offered?For both the online and desktop versions of QuickBooks, self-paced online courses are available. Users can start and end the course as their schedule permits using on-demand training. The video courses are available for as many viewings as you'd like, and live classes are also offered.
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Which of the following refers to a firm's total product offering to satisfy a group of target customers?
A. product line length
B. product line
C. product mix
D. Cannibalization
E. Product management
Product mix refers to a firm's total product offering to satisfy a group of target customers. So, the correct answer is (c).
The total number of product lines and distinctive goods or services that what a business offers is its product mix. Alternatively known as product portfolio or product assortment. Product combinations differ amongst businesses. Some companies have wide variety of product lines, including one with a vast range of products. But some people are subjected to additional restrictions. There could be a single to several product lines, and the company may have a significant number of products under one product line. When each of these product lines are merged, they make up the firm's product mix.
The product mix is an element of marketing mix and plays an important part in a company's overall corporate strategy.
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Is Black Friday the busiest shopping day of the year?
A. Yes
B. No
Yes, Black Friday the busiest shopping day of the year.
The Friday after Thanksgiving is referred to in casual speech as "Black Friday" in the US. The American holiday shopping season officially begins on that day, according to tradition. A lot of retailers open early, often as early as midnight[2], or even on Thanksgiving, and frequently have heavily advertised specials with steep discounts. On Monday ("Cyber Monday") or for a full week, several retailers extend their sales ("Cyber Week").
Black Friday is traditionally the busiest shopping day of the year in the United States since 2005. It takes place on the fourth Friday in November, unless November 1 is a Friday. California and a few other states mark "The Day After Thanksgiving" as a holiday for state government employees, despite the fact that Black Friday is not an official holiday in the United States.
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__________ refer to those functions that an organization does as well as, or better than, any other organization in the world.
Core competencies refer to those functions that an organization does as well as, or better than, any other organization in the world.
Core capabilities separate an association from its competition and produce a company's competitive advantage in the business. generally, a core faculty refers to a company's set of chops or experience in some exertion, rather than physical or fiscal means.
One type of core faculty isn't necessarily better than the rest. still, some core capabilities may be more delicate for other companies to overcome. For illustration, consider the Coca-Cola brand. The company's core faculty of brand recognition may be veritably delicate for a new libation company to catch. still, Coca-Cola's approach to client service or company culture may be easier for a contending company to catch.
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rosita's announced that its next annual dividend will be $1.65 a share and all future dividends will increase by 2.5 percent annually. what is the maximum amount you should pay to purchase a share of this stock if you require a 12 percent rate of return?
If you need a 12 percent rate of return, you should spend no more than $17.37 on a share of this stock.
What is the return rate?The net gain or loss of an investment over a predetermined time period expressed as a percentage of the investment's initial cost is known as a rate of return. You choose the percentage that changed from the start of the period to the end when figuring out the rate of return.
A rate of return can be used for any kind of financial instrument, including stocks, bonds, shares, real estate, and fine art (RoR). Any asset may be utilized with the RoR as long as it has been purchased only once and will eventually produce cash flow.
Comparing historical rates of return to those of comparable assets is one way to gauge how appealing various investments are. A required rate of return is frequently chosen by investors before making an investment decision.
Calculation:
Given that the required return, k = 12%, the growth rate, g = 2.5%, and the next dividend, D1, is $1.65
The greatest amount, P, determined by the Constant Growth Model is
P = D1/(k-g)
P = $1.65 / (12-2.5)
P = $17.37
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which statement is true of opinion leaders?
a. They most likely belong to the late majority category of adopters.
b. They have the longest adoption time and the lowest socioeconomic status.
c. They speed up the diffusion process through word-of-mouth communication.
d. They are distinguished by demographics.
They speed up the diffusion process through word-of-mouth communication.
Opinion leaders are individuals who have interpreted or ingested something, then utilize social media or word-of-mouth to spread their opinions, influencing their followers in the process. Opinion leaders use social media or meetings to hasten the dissemination process. They have a lot of influence, and it diffuses.
What is diffusion?
The net movement of anything (such as atoms, ions, molecules, or energy) from a location of higher concentration to a region of lower concentration is known as diffusion. A gradient in the Gibbs free energy or chemical potential drives diffusion. As with spinodal decomposition, it is conceivable for molecules to diffuse "uphill" from an area of lower concentration to one of greater concentration.
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question mode multiple choice question after he was hired, phillip went to atlanta for a week to learn about the software his company used that would be vital to his new position. the information phillip learned in atlanta is a component of
After he was hired, phillip went to atlanta for a week to learn about the software his company used that would be vital to his new position. the information phillip learned in atlanta is a component of training.
Training software manages training and learning programs for corporate and educational institutes this facilitates online training.
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quizlea state bank must apply to the to obtain a charter or a right to operate. a. u.s. ministry of finance b. state banking authority c. fed d. u.s. comptroller of the currency
State bank must apply to the to obtain a charter or a right to operate u.s. comptroller of the currency and state banking authority.
What is comptroller of the currency?
The Office of the Comptroller of the Currency (OCC) is an independent bureau of the U.S. Department of the Treasury. The OCC charters, regulates, and supervises all national banks, federal savings associations, and federal branches and agencies of foreign banks.
We ensure that the banks we supervise operate in a safe and sound manner, provide fair access to financial services, treat customers fairly, and comply with applicable laws and regulations.
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judging from the case of south korea, how might you argue that park chung hee's economic policy of state-guided capitalism was much better for korea than adam smith's anglo-saxon laissez-faire system of economy and free trade?
Adam Smith's Anglo-Saxon laissez-faire economic system was more worse for Korea than Park Chung Hee's state-guided capitalism. The neo-liberal restructuring of the Korean political economy substantially increased after the 1997 financial crisis.
How did Park Chung Hee help South Korea?Park Chung Hee's economic strategy promotes foreign investment in Korea. Park is acknowledged with being instrumental in the growth of South Korea's tiger economy by directing the country's industry toward exports. It is attributed to his administration that the nation's economy grew quickly.
The per capita income in South Korea was only $72.00 when Park Chung Hee took office in 1961. But the economy expanded quickly due to his policies based on state-guided capitalism. Electronics, autos, telecommunications, shipbuilding, chemicals, and steel are South Korea's top industries. Economic growth in South Korea has accelerated at a never-before-seen rate. So South Korea is regarded as having a miracle economy.
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What features should you present when demonstrating 2023 armada’s powerful acceleration?.
The features you should present when demonstrating 2023 Armada’s powerful acceleration are variable-assist power rack, the pinion steering and the 4-wheel independent suspension.
What is independent suspension?Any vehicle suspension technology known as independent suspension enables each wheel on a single axle to move vertically (reacting to a bump in the road) independently of the others. In contrast, a beam axle or deDion axle system has linked wheels so that movement on one side has no effect on the wheel on the other. The term "independent" describes the direction or motion of the wheels or suspension. Anti-roll bars or other similar systems are frequently used to connect the suspension's left and right sides. While the anti-roll bar connects the left and right suspension spring rates, it does not connect their motion. The majority of current cars have independent front suspension (IFS).
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a document used to assign direct labor costs to individual jobs and track how much time employees spend on each job is called a:
A document used to assign direct labor costs to individual jobs and track how much time employees spend on each job is called a Timesheet.
What do you mean by timesheet?
Thee source document that reports that records how much time an employee spends in a job was the Timesheets. These are received from employees and management and entered into the accounting records during the payroll process. Businesses use timesheets to record time spent on tasks, projects, or clients.
It helps in proper payment, cost and time analysis and record keeping for further steps.
Hence, A document used to assign direct labor costs to individual jobs and track how much time employees spend on each job is called a Timesheet.
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What is individual shared responsibility payment for California?
The penalty for not having coverage the entire year will be at least $850 per adult and $425 per dependent child under 18 in the household when you file your 2022 state income tax return in 2023.
It basically states that you must either have fundamental health insurance, qualify for an exemption, or pay a fine. This fine is referred to under the legislation as a "shared responsibility payment."
What is the shared responsibility payment?
When they submit their 2020 California income tax returns in 2021, citizens of California who did not have insurance for themselves and their dependents in 2020 and who did not otherwise qualify for an exemption will be subject to an Individual Shared Responsibility Penalty. The monthly penalty is determined depending on a number of variables, such as the household's total income and the age of the individual. Each person who does not have coverage or an exemption is subject to the penalty.
We recently published FTB Notice 2020-01 to help taxpayers and tax experts determine the potential size of the penalty for the 2020 tax year.
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Holly created a saving and investing plan over twelve years ago. She has not looked at it or made any changes to it. What saving and investing principle should holly have followed?.
Conventional wisdom states that a good return on an investment in stocks is one with an annual ROI of around 7% or higher.
What is a good rate of return? This question doesn't have a single correct response. A "good" ROI is based on a number of variables.Your financial necessity is the most crucial factor to take into account when calculating a solid ROI. Consider a young couple investing, for instance, to cover their newborn child's college expenses. For them, a decent return on investment is one that permits their initial and recurring investments to increase to the point that they can cover college costs 18 years from now.The notion of a successful ROI for this young family would be different from a retiree looking to augment their income. The retiree would define a decent rate of return as one that produces enough recurring income to support them comfortably. Naturally, how one retiree defines a comfortable lifestyle may not be the same as how another defines a good return on investment.To determine what would be a good rate of return, it's also crucial to take into account what you are investing in. Compound annual growth rates (CAGR), which assume that all gains are reinvested, are shown for a number of significant and well-liked investment assets from 1926 to 2019 in the following table:ASSET TYPE COMPOUND ANNUAL GROWTH RATE (CAGR)
Small-cap stocks 11.9%
Large-cap stocks 10.2%
Government bonds 5.5%
Treasury bills 3.3%
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A distinguishing feature of an oligopolistic Industry is the tension between a) Short-run decisions and long-run decisions. b) Cooperation and self-interest c) Profit maximization and cost minimization d) Producing a small amount of output and charging a price above marginal cost Use the figure below to answer the question that follows 160 100 ATC 12333 90 Demand 56.67 MR 100 133.33 15492 Quantity 2. As the figure is drawn, the firm is in: a) Neither a short-run equilibrium not a long-run equilibrium. b) A short-run equilibrium as well as a long-run equilibrium. c) A short-run equilibrium but it is not in a long-run equilibrium. d) A long-run equilibrium but it is not in a short-run equilibrium. 3. An example of a variable input in the short run is: a) an employee b) capital equipment. c) land. d) a building. 4. According to the law of diminishing returns a) The total product falls as more units of a variable input are added to a fixed input. b) The marginal product of a variable input eventually falls as more units of it are added to input. c) The marginal product eventually increases as more units of a variable input are added t input. d) None of the above.
A distinguishing feature of an oligopolistic Industry is the tension between a Cooperation and self-interest.
What is an oligopoly?
An oligopoly is a market structure where there are few sellers. A seller is large enough to have an impact on the market in an oligopoly. Your competitors are responding to your decisions, but you must also respond to theirs.Unlike perfect competition, monopoly, and monopolistic competition, oligopoly necessitates strategic thinking.
There is a conflict between collaboration and self-interest in oligopoly marketplaces. If every company has the incentive to increase output when they limit their output since the cost is high.
The equilibrium of an oligopoly market is determined using game theory tools.
Therefore option b is correct.
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georgio owns a 30 percent profits and capital interest in rain tree llc. for the current year, rain tree had the following revenues, expenses, gains, and losses:
The business income of Georgia will be $1,395 and separately stated item's value is $5,505
1) business income:
Sales Revenue = $79,250
Less:
Cost of goods sold = ($42,250)
Depreciation = ($7,750)
Wages = ($19,400)
Guaranteed payment to Sandra = ($5,200)
Business income = $4650
Georgia's share = $4650*30/100 = $1,395
2) Georgia's share of separately stated item:
Gain on sale of land = $17,600 = 30%*17,600 = $5,280
deduction ($16,300) = 30%*16,300 = $4,890
Capital Gains $5,750 = 30%*5,750 = $1,725
Municipal bond interest $7,900 = 30%*7,900 = $2,370
Fines and penalties ($3,400) = 30%*3,400 = $1,020
Total = $5,280-$4,890+ $1,725 + $2,370 +$1,020 = $5,505
For tax reasons, business income is categorized as regular income and constitutes a sort of earned income. It comprises all earnings generated from an entity's activities. It is a company's net income or loss, which is determined by subtracting all of its revenue from all sources from all of its operating costs.
The complete question is here:
Georgia owns a 30 percent profits and capital interest in rain tree llc. for the current year, rain tree had the following revenues, expenses, gains, and losses:
Sales Revenue $79,250
Gain on sale of land (C1231) $17,600
COGS ($42,250)
Depreciation ($7,750)
§179 deduction ($16,300)
Wages ($19,400)
Fines and penalties ($3,400)
Municipal bond interest $7,900
Capital Gains $5,750
Guaranteed payment to Sandra ($5,200)
1) How much ordinary business income (loss) is allocated to Georgio for the year?
2) What are Georgio's separately stated items for the year?
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