The following conditions must be met if a firm's resources are to be used to achieve a sustainable competitive advantage the resources must be valuable, rare, imperfectly imitable, and non substitutable.
A corporation, sometimes referred to as a "co.," is a sort of legal entity that represents a group of individuals who are either natural or juridical persons or a mix of both. The company's members cooperate with one another to achieve specific goals.
To limit the company's liability when members comply with or disregard their obligations under the formation or public disclosure policy, a corporation can be established as a legal entity. It could be necessary to liquidate a firm after it has shut down in order to pay off any outstanding debts.
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A partial adjusted trial balance of Blossom Company at January 31, 2022, shows the following.
BLOSSOM COMPANY
Adjusted Trial Balance
January 31, 2022
Debit
Credit
Supplies
$ 800
Prepaid Insurance
2,400
Salaries and Wages Payable
$ 700
Unearned Service Revenue
650
Supplies Expense
900
Insurance Expense
400
Salaries and Wages Expense
3,100
Service Revenue
3,500
Answer the following questions, assuming the year begins January 1.
(a) If the amount in Supplies Expense is the January 31 adjusting entry and $1,000 of supplies was purchased in January, what was the balance in Supplies on January 1?
Supplies balance $
The balance in Supplies on January 1 is $ 700.
What is balance?Balance is defined as the sum owed or due on a certain account. The balance sheet gives a snapshot of the company's financial situation at a specific point in time, typically the end of a month or financial year.
Occasionally, a business may get payment from a client before delivering the product or service. Such a payout is regarded as unearned income and represents a liability for the business.
Supplies on January 1 equal purchases made during the period less expenses for supplies.
Supplies on January 1 = $800 + $900 - $1000
Supplies on January 1 = $1700 - $1000
Supplies on January 1 = $700
Thus, the balance in Supplies on January 1 is $ 700.
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Standard profit-maximizing theory leaves room for cases where it is both possible and reasonable for a firm to operate at a loss over the long run.a. Trueb. False
Standard profit-maximizing idea leaves room for cases where it is both possible and real looking for a company to function at a loss over the long run. This statement is false.
What is the widespread income maximization position of a firm?All firms maximize earnings when their marginal price is equal to the marginal product. This dollar amount should also be the selling price that maximizes profits.
The profit-maximizing rule is to produce the extent the place marginal fee equals marginal revenue. For a flawlessly aggressive firm, its marginal income equals the market price.
In long-run equilibrium, a aggressive association produces at the point of the minimum average whole cost. In perfect competition, companies will set the fee at the minimal common whole cost.
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https://brainly.com/question/29663956#SPJ4If the economy is producing less than its potential GDP, ______ will show a larger deficit than the actual budget.
Select one:
a. discretionary fiscal policy
b. the standardized employment budget
c. the automatic stabilizers
d. expansionary fiscal policy
If the economy is producing less than its potential GDP, the standardized employment budget will show a larger deficit than the actual budget.
Standardized employment budget :
The calculation of the standardised employment budget determines the budget deficit or surplus for a particular year if the economy had been producing at its potential GDP for that year.
For a variety of reasons, including worries regarding time lags, the effect on interest rates, and the intrinsically political nature of fiscal policy, many economists and politicians reject the use of this tool.
Under what circumstances would a standardized employment budget show a larger deficit than the actual budget?If the economy is doing very well, the standardized employment deficit (or surplus) will be larger than the actual budget deficit (or surplus). This is because the economy is producing close to its potential GDP. As such, the automatic stabilization mechanism increases taxes and reduces the need for government spending.
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process costing is typically used for businesses that make large quantities of identical items. T/F
It is correct that "businesses that produce large numbers of identical items generally use process costing." Hence Its answer is true.
What does "process costing" mean?Process costing is a type of costing that's primarily utilized in manufacturing, where products are mass-produced constantly using one or even more processes. Example of this include producing chemicals, erasers, or processed foods.
What objectives does process costing serve?Process costing is an essential product costing technique for manufacturing companies that mass manufacture numerous similar products or units of output. Process costing is used by many companies, including those who refine oil, make meals, use chemical, produce paint, fabrics, glassware, and other building materials.
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The city in which you live provides its budget information in monthly budgetary control reports with each month representing 1/12th of the overall budget. You overhear several managers discussing the budget at a community meeting. You were surprised to hear that half of the managers liked this process and that the other half felt that it did not adequately match their expenses. Discuss the issues regarding the preparation of the budgets and why half of the departments liked the process and why the other half did not like the process.
The process of comparing actual revenues and expenditures to budgeted figures/planned income or expenditure is known as budgetary control. Half of the department likes the budget process because it is beneficial to them, while the other half dislikes it because it does not adequately match their expenses.
What is budgetary control?Budgetary control is a set of procedures that ensures an organization's actual revenues and expenditures closely match its financial plan. The system typically entails setting personal budget-based goals for managers, as well as a set of rewards that are triggered when the goals are met.
Some managers did not like the budget as the expenses revealed in the budget did not match with the expenses that the managers have forecasted. For the other half of the managers, they liked the budgetary control that the city have provided because it is as per their expectation.
Therefore, the issue regarding the preparation of the budgets are discussed.
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Jaleel wants to return the shirt he ordered because it is too small. When he went to the store, the salesperson happily accepted his return and refunded his money since the store did not have the correct size for an exchange. Jaleel has experienced _______.
good customer service
Jaleel has experienced good customer service from the store.
What does good customer service entail?In order to provide good customer service, expectations must always be met. Swift, simple, individualized, and sympathetic describes great customer service. Businesses that offer top-notch customer support invest the time necessary to comprehend the requirements of their specific clientele. Following best practices, such as respecting customers' time, being friendly, and offering knowledgeable and helpful resources, is one aspect of great customer service.
However, you should also go above and beyond to exceed expectations rather than simply meet them. The three "p"s—professionalism, patience, and a "people-first" attitude—are essentially the three key components of good customer service. As long as you're adhering to these rules, you're on the right track even though customer service differs from customer to customer.
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The common currency that was initially adopted by eleven member states of the European Union is the
a. continental.
b. euro.
c. maastricht.
d. francmark.
e. freipence.
The (b) euro is the unified currency that the European Union's eleven founding members first adopted.
What Is the Meaning of currency?Commodities and services can be exchanged using money. Currency is defined as a unit of account that is issued by a government and is accepted at face value. When bartering, products and services were directly exchanged for one another. A nation's official unit of exchange for buying goods and services is its national currency, which is a form of legal tender issued by the central bank or other monetary authority. The Federal Reserve controls the dollar, which is the main form of money in the United States.
Why is the US dollar so strong?The Federal Reserve raised interest rates throughout the year in an effort to combat the sky-high inflation, which resulted in a significant strengthening of the dollar. This year, the U.S. Dollar Index, which compares the dollar to a basket of other currencies, has increased by more than 17%.
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suppose that changes in bank regulations expand the availability of credit cards so that people need to hold less cash. how does this event affect the demand for money?
Suppose that changes in bank regulations expand the availability of credit cards so that people need to hold less cash. If people need to hold less cash, the demand for money is less at any price level so it shifts left.
What are bank regulations?Generally, Bank regulation is a type of governmental regulation that subjects banks to particular requirements, restrictions, and guidelines.
The purpose of bank regulation is to create market transparency among banks and the individuals and companies with whom they continue to do business, among other things.
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MurderA special case of termination by extinction is called termination by ____________, when there is a sudden end to a project.
Murder When a project is abruptly abandoned, it is referred to as termination by hunger, which is a special instance of termination by extinction.
What exactly does termination mean?The word terminate has a noun form called termination, which means to put an end to. It also implies to terminate somebody from a job, and termination is probably the word most frequently used to describe this action or its outcome, as in His employment with the business came to an end after termination.
What does being fired entail in the workplace?When an employee or an employer stops the working relationship, employment is terminated. Employees may choose to end their job voluntarily or on their own initiative, or it may be forced upon them by the employer.
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viva sells its waterproof phone case for $94 per unit. fixed costs total $172,000, and variable costs are $28 per unit.
The unit required is 7175 units.
Find the solution ?sells phone case = $108 per unit
Fixed costs total = $227,000
variable costs = $48 per unit
pretax income = $203,500
we get here first Contribution Per Unit that is
Contribution Per Unit = sells phone case - variable costs .............1
Contribution Per Unit = $108 - $48
Contribution Per Unit = $60
so here units of product required is
unit required = pre tax income+ fixed cost /contribution per unit
203,500+227,000/60
unit required = 7175 units
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the expected return on natter corporation's stock is 14%. the stock's dividend is expected to grow at a constant rate of 8%, and it currently sells for $50 a share. which of the following statements is correct?
The profit or loss an investor predicts from an investment with known historical return rates is known as the expected return (RoR).
How do you find expected rate of return?All upcoming dividend payments made by the stock are included in the estimated market value. You can determine how much investors should be willing to pay for the shares if you can calculate the growth rate of the dividends. To determine the dividend increase for the following year, multiply this year's dividends by their growth rate.
An expected price level, also known as anticipated price level, is the rate or price that products and services might be expected to attain given a specific set of economic conditions.
In contrast to cash dividends, stock dividends are payments made to shareholders in the form of new shares. Each existing share gets paid a fraction of the distributions. For instance, if a business declares a 5% equity dividend, it will pay
Therefore, the correct statement is the stock price is expected to be $54 a share one year from now.
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in a well-diversified investment portfolio, the allocation of real estate investments should not exceed five percent.a. Trueb. False
"In a well-diversified investment portfolio, the allocation of real estate investments should not exceed five percent" is false.
What is real estate?⇒ Real estate is immovable property of this type that consists of land and the buildings on it, as well as its natural resources, such as crops, minerals, or water; an interest in this (also) constitutes real property, or (more broadly) buildings or houses in general. In legal terminology, real refers to real property, which is distinct from personal property, and estate refers to a person's "interest" in that real property.
Real estate is distinct from personal property, which includes things like cars, yachts, jewels, furniture, equipment, and a farm's rolling stock but is not affixed to the land permanently.
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1. A pharmacy has determined that a healthy person should receive 70 units of proteins, 100 units of carbohydrates and 20 units of fat daily. If the store carries the six types of health food with their ingredients as shown in the table below, what blend of foods satisfies the requirements at minimum cost to the pharmacy? Make a mathematical model for the given problem.
Foods Protein units Carbohydrates units Fat units Cost per unit
A 20 50 4 2
B 30 30 9 3
C 40 20 11 5
D 40 25 10 6
E 45 50 9 8
F 30 20 10 8
2. A local manufacturing firm produces four different metal products, each of which must be machined, polished and assembled. The specific time requirements (in hours) for each product are as follows:
Machining, hours Polishing, hours Assembling, hours
Product I 3 1 2
Product II 2 1 1
Product III 2 2 2
Product IV 4 3 1
The firm has available to it on weekly basis, 480 hours of machining time, 400 hours of polishing time and 400 hours of assembling time. The unit profits on the product
are Birr 360, Birr 240, Birr 360 and Birr 480, respectively. The firm has a contract with a distributor to provide 50 units of product I, and 100 units of any combination of products II and III each week. Through other customers the firm can sell each week as many units of products I, II and III as it can produce, but only a maximum of 25 units of product IV. How many units of each product should the firm manufacture each week to meet all contractual obligations and maximize its total profit? Make a mathematical model for the given problem. Assume that any unfinished pieces can be finished the following week.
3. A firm manufactures two products; the net profit on product 1 is Rupees 3 per unit and Rupees 5 per unit on product 2. The manufacturing process is such that each product has to be processed in two departments D1 and D2. Each unit of product1 requires processing for 1 minute at D1 and 3 minutes at D2; each unit of product 2 requires processing for 2 minutes at D1 and 2 minutes at D2. Machine time available per day is 860 minutes at D1 and 1200 minutes at D2. How much of product 1 and 2 should be produced every day so that total profit is maximum. Make the mathematical model for the given problem.
4. Discuss few areas for application of quantitative analysis in your organization or organization you are familiar with for decision making.
5. Take the data of the output of your organisation summarise them with some tool (like bar chart, pie chart, etc.) and discuss the result. Give your opinion to improve the results in the future.
Food Protein Units Carbohydrates units Fat Unit Cost per unit 40 20 11 15. Hence, option C is appropriate.
What are the Proteins?The body is made up of protein, which may be found in almost every organ, tissue, and body part, including muscle, bone, skin, and hairHemoglobin, which carries oxygenated blood, as well as enzymes, which power a variety of chemicals reactions, are both produced as a result of it. You are made up of at least 10,000 distinct proteins, which also keep you staying away.
Large biomolecules as well as macromolecules known as proteins are made up of one or more extended chains of amino acids.
Large, intricate molecules known as proteins play a variety of vital functions in the body. The majority of their work is done inside cells, where they play a critical role in the development, maintenance, and regulation of the circulatory and respiratory systems. Hence, option C is correct.
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ADRs
Group of answer choices
O are depository receipts for foreign stocks held by the U.S. depository's custodian.
O are American Depository Receipts.
O all of the options
O denominated in U.S. dollars that trade on a U.S. stock exchange.
Are depository receipts for foreign stocks held by the U.S. depository's custodian.
A janitor (American English, Scottish English), additionally called a custodian, porter, cleanser, cleanser or caretaker, is someone who cleans and maintains buildings. In a few instances, they will additionally carry out maintenance and protection obligations. A comparable role, however generally with greater managerial duties and now not includes cleaning, is occupied by building superintendents in the united states and Canada and by using website managers in faculties within the united kingdom. cleaning is one of the maximum generally outsourced services. A comparable role, however generally with greater managerial duties and now not include cleaning, is occupied by building superintendents.
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Which one of the following options is usually an appealing way to try to increase a company's ROE?
A) Maintaining a high (above 75%) dividend payout ratio
B) Paying a minimal dividend (probably no more than $0.10 per share) so as to keep boosting retained earnings by a sizable amount every year.
C) Issuing additional shares of stock and using the proceeds to retire long-term debt and avoid short-term loans
D) Paying a dividend each upcoming decision round that exceeds projected EPS by $2.00
E) Not paying a dividend and using all available cash to pay down debt.
B) Paying a minimal dividend (probably no more than $0.10 per share) so as to keep boosting retained earnings by a sizable amount every year is usually an appealing way to try to increase a company's ROE.
What does dividend payout ratio indicate?The dividend payout ratio shows how much cash a firm keeps on hand to reinvest in growth, pay down debt, or build up cash reserves compares to how much it returns to shareholders (retained earnings).
A better metric to assess a company's financial performance is ROA. Greater ROE, higher ROA, and manageable debt are generating respectable profits. Higher ROE can be deceiving if the company has a poor ROA and a significant amount of debt.
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yury is opening a financial consulting service for high-income retirees in his area. this target market is used to paying for quality and associates high quality with high prices. in this instance, yury should probably not use a penetration pricing strategy because
Yurgen is opening a financial consulting service for high-income retirees in his area. This target market is used to paying for quality and associates high quality with high prices. Yurgen should probably NOT use a market penetration pricing strategy because he might be missing out on customers who would pay more for his products.
What is financial consultants ?A financial advisor and a financial consultant are practically the same. They frequently provide a variety of services, and their financial advise is geared on the objectives and needs of the customer. Financial consultants occasionally have more experience with financial planning than your regular financial advisor. However, most financial counselors also offer investment services. The phrase "financial advisor" has generally taken the place of the relatively outmoded word "financial consultant." Financial consultants may operate for an organization or independently, serving both businesses and private clients.In summary, financial consultants provide individualized guidance to aid investors in increasing their wealth.
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healthyyou uses ______ to conveniently distribute healthy drinks, snacks, and entrees in offices, health clubs, hospitals, schools, and colleges.
Student brand managers are given the responsibility by Red Bull to distribute free samples to their fellow students.
What kind of marketing strategy can promote target customers' interests and quicken interactions with them?
Targeted marketing requires researching and comprehending the interests and demands of your potential customers in order to concentrate your message and marketing budget on the specific audience segment most likely to purchase your product or service.
Free samples certainly count as marketing, don't they?
What does free sample marketing entail? Free sample marketing refers to distributing free samples of products or services to potential clients. It works especially effectively in the food, beverage, health, and cosmetic industries.
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he meaning of undertime is: employees work more than normal hours, but they are not compensated. the workweek of some employees is permanently reduced. employees work as usual, but they are paid at a lower rate. employees don't have enough productive work for the number of hours that they normally work.
The meaning of undertime is employees don't have enough producive work for the number of hours as they normally do their job. So, the correction option is C.
The meaning of undertime is employees do not have productive work at their office or at job place to perform the work that they normally. When employees are undertime, they spent their time in non-work related activities such as gossiping, talking with each, internet surfing, watching videos or exploring web pages, surfing social media, and making personal phone calls, etc. The undertime affects the organization's productivity negatively. So, employers always try to keep their employees busy with some type of work. When an organization doesn't have enough productive work, the labor cost increases the organization's expenses.
Therefore, the correct option to this question is C, while the other options are not correct. Because they are not related to the meaning of undertime.
The complete questoin is given below
"
The meaning of undertime is:
A. Employees work more than normal hours, but they are not compensated. the workweek of some employees is permanently reduced.
B. Employees work as usual, but they are paid at a lower rate.
C. Employees don't have enough productive work for the number of hours that they normally work.
"
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The Phillips curve slopes____ , since a more positive output gap is associated with a ___level of unexpected inflation. The labor market Phillips Curve slopes ___, since a more positive output gap is associated with a____ level of unemployment.
The Phillips curve slopes downward , since a more positive output gap is associated with a higher level of unexpected inflation. The labor market Phillips Curve slopes downward since a more positive output gap is associated with a lower level of unemployment.
The Phillips curve is a type of economic model that bears the name of William Phillips, who postulated a link between falling unemployment rates and higher rates of wage growth in an economy.
Despite the fact that Phillips himself did not claim a connection between employment and inflation, this was an easy inference from his statistical findings. The link was made clear by Paul Samuelson and Robert Solow, and the theoretical framework was then established by Milton Friedman and Edmund Phelps.
Although there is a trade-off between unemployment and inflation in the short run, it has not been seen in the long run. Friedman and Phelps claimed that the Phillips curve only applied in the short term and that inflationary policies would not reduce unemployment in the long run in 1967 and 1968.
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Marketing Research (1)
1. Which question isn't collecting qualitative data?
* Why should phone be banned during school?
* Do you like chocolate or vanilla, yes or no?
* Describe the kind of toppings you like on your pizza.
* How should you discipline a child?
2. The group of people who represent the target markef and are taking part in a research study is ……
* Interviewees
* first responders
* target market
* sample
3. All the following are advantages of a survey EXCEPT
* can collect data on large samples
* data collected is always honest and reliable
* Quick
* Easy to analyze
4. Which of the following questions is market research not likely to find an answer to?
* Would consumers be likely to buy my product?
* What price would consumers be likely to pay?
* Which businesses will be the main competitors?
* Which method of production should I use?
5. Which of the following is an example of a primary data source
* sales reports
* inventory reports
* survey
* expense reports
6. What is an example of validity?
* A set of questions that vaguely answer the company's question.
* A set of questions fully answering what the business wants to know about a target market
* A set of questions that are poorly written
* Along survey asking the consumer random questions
7. What is the first step in the marketing research process?
* Analyze results
* Experiment
* Defining the problem
* Conduct a survey
8. Carolyn is planning on releasing a new product in her candy business and making a survey, What type of research is this?.
* Product placing
* Qualitative research
* Media research
* Quantitative research
9. In market research, a sample is defined as………
* A group selected from all the potential product consumers
* all the potential consumers of a product
* a trial of the product so that consumers can test it at home
* A gift to the consumer
1. Which question isn't collecting qualitative data?
Answer: B. Do you like chocolate or vanilla, yes or no?
Explanation: That question is not collecting qualitative data. This is a quantitative question, as it requires a yes or no answer.
2. The group of people who represent the target market and are taking part in a research study is ……
Answer: A. Interviewees
Explanation: Interviewees are those who are taking part in a research study and answer questions from the researcher to gain an understanding of the target market.
3. All the following are advantages of a survey EXCEPT
Answer: B. Data collected is always honest and reliable
Explanation: This is not necessarily an advantage of a survey as respondents may not provide honest answers or the data may be unreliable due to inaccurate responses.
4. Which of the following questions is market research not likely to find an answer to?
Answer: D. Which method of production should I use?
Explanation: Market research is focused on understanding customer needs and analyzing customer behavior, not determining an internal business strategy such as the best method of production.
5. Which of the following is an example of a primary data source
Answer: C. survey
Explanation: Primary data sources refer to data that is collected directly from its source. In this case, the data would be gathered through surveys given to a group of people.
6. What is an example of validity?
Answer: B. A set of questions fully answering what the business wants to know about a target market
Explanation: Validity is the accurate and precise measurement of what a survey or test is designed to measure. A set of questions that fully answer what the business wants to know about a target market would be considered valid.
7. What is the first step in the marketing research process?
Answer: C. Defining the problem
Explanation: This involves clearly identifying and assessing the current situation in order to determine what data needs to be collected and analyzed in order to answer the research question.
8. Carolyn is planning on releasing a new product in her candy business and making a survey, What type of research is this?
Answer: D. Quantitative research.
Explanation: Quantitative research is a type of research that collects data in numerical form and then uses statistical analysis to draw conclusions about that data. In this case, Carolyn is using a survey to collect data which she can then analyze to understand how successful her new product will be.
9. In market research, a sample is defined as………
Answer: A. A group selected from all the potential product consumers
Explanation: In market research, a sample is defined as a subset of a population that is chosen to represent the entire population in order to study it. A sample can be used to measure and better understand the opinions, behaviors, and characteristics of the entire population.
If you have any additional questions or need further assistance, please let me know.
thoughts about money matters
Which of the following is true of the effect high inflation has on savings and spending
The statement which is true of the effect high inflation has on savings and spending is that: A. It decreases the overall value of savings in financial institutions if interest rates are less than the rate of inflation.
What is an inflation?In Economics, an inflation can be defined as the persistent general rise in the price of goods and services in the economy of a particular country, and at a specific period of time.
Generally speaking, inflation usually causes the value of money to fall and as a result, it imposes more cost on the economy of a particular country.
In conclusion, we can reasonably infer and logically deduce that one of the effect of high inflation has on savings and spending is the decrease in the overall value of savings in financial institutions due to price hike.
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Complete Question:
Which of the following is true of the effect high inflation has on savings and spending?
A. It decreases the overall value of savings in financial institutions if interest rates are less than the rate of inflation.
B. It increases the amount of spending in an economy.
C. It increases the overall value of savings in financial institutions if interest rates are less than the rate of inflation.
D. It has no impact on the overall value of savings.
When a firm hires most of the available supply of a certain type of labor, its decision to employ more or fewer workers ______.
Multiple choice question.
affects the wage rate it pays to those workers.
does not affect the wage rate it pays to those workers.
has no effect on wages, because resources other than labor affect the wage rate it pays to workers.
affects the interest rate it pays to those workers.
The correct answer is A) affects the wage rate it pays to those workers.
When a firm hires most of the available supply of a certain type of labor, it affects the wage rate it pays to those workers. This is because when demand for a certain type of labor is high, firms compete with each other to hire the available workers, leading to an increase in the wages offered.
Similarly, when demand for a certain type of labor is low, firms do not need to compete to hire the available workers, leading to a decrease in the wages offered.
Therefore, when a firm hires most of the available supply of a certain type of labor, it affects the wage rate it pays to those workers.
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With _____, the emphasis is on helping the buyer realize the synergy of carrying all associated products of the same brand or manufacturer.
A. Solo exchange transactions
B. Insight selling
C. Cross-selling
D. Upgrading
E. Full-line selling
With Full-line selling, the emphasis is on helping the buyer realize the synergy of carrying all associated products of the same brand or manufacturer.
Why do both the buyer and the seller in a single Exchange look out for themselves?Due of their lack of future business plans, the buyer and seller each follow their own self-interests. Do behavioral loyalty and the influence of earlier purchases on subsequent purchases describe long-term market exchanges?
A good working connection might result in lower procurement costs since the supplier may favor your company and provide incentives to keep you as a client after the relationship has been established.
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What are the benefits of attending a local community
college?
A. It is cheaper to earn an Associate's degree at a
community college and then transfer to a four-year
college to finish.
B. You can live at home and save dorm fees while
earning an Associate's degree.
C. Choosing a local community college within closer
driving range saves on transportation costs.
D. All of the above.
Answer:
d all the above
Explanation:
hope this helps
D
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Suppose that three firms make up the entire wig manufacturing industry. One has a 40% market share, and the other two have a 30% market share each. The Herfindahl index of this industry is _____. Suppose Mane Attraction, one of the firms with a 30% market share in the wig manufacturing industry, leaves the market. This would cause the Herfindahl index for the industry to _____. The largest possible value of the Herfindahl index is 10,000 because: O An index of 10,000 corresponds to 100 firms with a 1% market share each O An industry with an index higher than 10,000 is automatically regulated by the Justice Department O An index of 10,000 corresponds to a monopoly firm with 100% market share
Based on the Herfindahl-Hirschman Index:
The Herfindahl-Hirschman index for this industry is 3,400Suppose Mane Attraction leaves the market, the Herfindahl index for the industry will increaseThe largest possible value of the Herfindahl index is 10,000 because an index of 10,000 corresponds to a monopoly firm with 100% market share (C)Herfindahl-Hirschman index or HHI measures the market concentration and determines market competitiveness. HHI is calculated by squaring the market share of each firms in the market and summing the resulting numbers.
A low degree of market concentration reflects the industry is closer to a perfect competition scenario where many firms with equal sizes share the market. Higher Herfindahl index represents a lower market competition and higher market power.
To find the Herfindahl index, we have to use HHI formula:
HHI = S₁² + S₂² + S₃²
where:
S₁ = 40
S₂ = 30
S₃ = 30
Hence:
HHI = S₁² + S₂² + S₃²
HHI = (40)² + (30)² + (30)²
HHI = 1,600 + 900 + 900
HHI = 3,400
If Mane Attraction leaves the maarket, the Herfindahl Index for the industry will increase indicating less competition in the market. When a competitor exits the market, the remaining firms within the market will experience increase in their market shares, resulting in increase of HHI.
The largest possibel value of Herfindahl index is 10,000 because this condition will occur when a monopoly firm has 100% market share. Let's prove this assumption:
HHI = S₁²
HHI = (100)²
HHI = 10,000 --> proven!
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In the transmission phase of the communication process, the translation of the message into symbols is known as ________. a.) encoding b.) broadcasting c.) deciphering d.) sending
In the transmission phase of the communication process, the translation of the message into symbols is known as encoding. Hence, option (a) is the relevant option choice.
Write a short note on communication.The "communication process" is defined as "the exchange of information (a message) between two or more people." Both parties must be able to communicate effectively in order to exchange information and comprehend one another. If the parties cannot understand one another or if the information flow is impeded for any other reason, communication will fail.
1. The Sender
The communication process is started by the sender, also known as the communicator or source. Information that the sender wants to get across to the recipient includes commands, requests, questions, and ideas (s). In order for the message to be received, the sender must first encode it in an understandable format—for instance, by using everyday language or business jargon.
2. The Receiver
The person to whom a communication is addressed is the receiver or interpreter. The receiver must first receive the information from the sender before decoding or interpreting it can be done.
3. The Message
The message or content is what the sender wishes to say to the recipient. Additional subtext can be conveyed through body language and tone of speech. Combining the sender, the receiver, and the message will simplify the communication process.
4. The Medium
The conduit through which a message is transmitted is referred to as the medium or channel. Text messaging, for example, is transmitted using mobile phones.
5. Feedback
The communication process is complete when the message has been effectively conveyed, received, and understood. The receiver then replies to the sender to show that they have understood. Feedback can take the form of an immediate action or deed, such as a written or verbal response.
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Interests banks pay to borrower from other banks
Answer: interbank lending market
Explanation:
the ledger of tamarisk company at teh end of the current year shows accounts receivable 77000 credit sales 810000 and sales returns and allowances 3700 prepare journal entries for each saperate scenario below
In this scenario the company collected $60,000 on its accounts receivable
Journal Entry Debit : Cash - $60,000
Credit: Accounts Receivable - $60,000
A journal entry is used to record a business transaction in the accounting records of a business. A journal entry is usually recorded in the general ledger; alternatively, it may be recorded in a subsidiary ledger that is then summarized and rolled forward into the general ledger.
The very first stage of the accounting cycle is journal entries. You should be aware that all journal entries in accounting use the double-accounting method. This means that there is always a debit entry and a credit entry for every recorded transaction because two accounts are impacted.
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Barbara is single and owns a home in the city, which is her primary residence. She also owns a cottage at the beach, which she treats as a vacation home. In April 2021, she borrowed $80,000 on a home equity loan and used the proceeds to pay off credit card obligations and other debt. She paid the following in 2021:
Mortgage interest (personal residence) $ 24,000
Mortgage interest (cottage) 12,800
Interest on the home equity loan 8,000
Interest on credit card 4,000
Required:
Calculate any AMT adjustment concerning interest in 2021.
Barbara is a single woman who lives alone in a house she owns in the city. She also has a beachfront cottage that she uses as a getaway. She took out a $62,500 home equity loan in April 2020 and utilized the money to pay off credit card debt and other creditors.
What is credit card?A credit card often functions as a cash or check substitute and frequently offers an unsecured revolving line of credit.
Each billing cycle, the borrower is obligated to pay down at least a portion of the card's outstanding balance, subject to the conditions outlined in the cardholder agreement.
A credit limit is given to a credit card, which is a sort of revolving credit account, by the lender.
Your credit card's spending limit is this amount, but keep in mind that you'll still need to make the minimum payment due each month.
Consider utilizing your debit card for regular purchases since you will immediately see the money deducted from your checking account.
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