If price increases by 12 percent and quantity demanded decreases by 12 percent, demand is:
- inelastic
- elastic
- unit-elastic
Answer:
inelastic
Explanation:
Price elasticity of demand = percentage change in quality /percentage change in price
-12/12=-1
This tells us that it is a relatively large price change in order to cause a relatively small change in quantity demanded. In other words consumer responsiveness to change is relatively small so it is inelastic
One example of a(n) __________ effect of foreign direct investment is when jobs are created because of increased local spending by employees of an MNE.
An example of direct effect of foreign direct investment is when jobs are created because of increased local spending by employees of an MNE.
What is foreign direct investment ?A foreign direct investment can be regarded as purchase of an interest in a company and this is done outside border of a country.
It is a business decision to get substantial stake as regards a foreign business .
Learn more about foreign direct investment at;
https://brainly.com/question/1125884
The accounts receivable aging report:
a. includes a chronological summary of all transactions posted to individual patient ledgers/accounts on a specific day
b. contains a computer-generated list of procedures, services, and supplies with charges for each
c. contains the same information as a paper-based remittance advice
d. shows the status (by date) of outstanding claims from each payer, as well as payments due from patients
Answer:
A. includes a chronological summary of all transactions posted to individual patient ledgers/accounts on a specific day
The accounts receivable aging report: d. shows the status (by date) of outstanding claims from each payer, as well as payments due from patients.
What is accounts receivable aging report?Accounts receivable aging report is a report that help to record customers or clients balances that are yet to be paid as well as the date which shows how long the invoice balances has remain outstanding.
The accounts receivable aging report important as it help to summarize and categorize a company or an organization account receivable that are due from customers at a particular period of time.
Inconclusion the accounts receivable aging report: d. shows the status (by date) of outstanding claims from each payer, as well as payments due from patients.
Learn more about Accounts receivable aging report here:https://brainly.com/question/13762266
how a teacher can use motivational strategies to control problem behavior in classroom give an example
The Earth’s mantle is made up of Tectonic plates that are forever moving as the Earth cools down. This happens over billions of years, and one of the most notable ones is around the Pacific rim where Earthquakes, (seismic activity) happens quite often
The Rift Valley in Ethiopia lies along the edge of the African Tectonic Plate, and continues down through parts of Somalia and into Kenya.
Just recently a rift opened up in Kenya, which seismologists seem to think is the pre-cursor of a major tectonic plate movement, splitting apart a part of Africa, which could include Ethiopia
Here are some strategies that can be used in the classroom to help motivate students:
Promote growth mindset over fixed mindset. Develop meaningful and respectful relationships with your students. Grow a community of learners in your classroom.Establish high expectations and establish clear goals. Be inspirational.Bristo Corporation has sales of 1,900 units at $50 per unit. Variable expenses are 20% of the selling price. If total fixed expenses are $66,000, the degree of operating leverage is:
Answer: 7.6
Explanation:
Degree of operating leverage (DOL) = contribution margin / operating income
- contribution margin = sales - variable cost = [(1900 x $50) - (1900 x $50 x 20%)] = $95,000 - $19,000 = $76,000
- operating income = contribution margin - fixed expenses = $76,000 - $66,000 = $10,000
DOL = $76,000 / $10,000 = 7.6
A friend proposes a gamble to you. You roll 2 fair, six-sided dice, and add up the results of each die to find your total number. If your roll totals a 5 or 7, your friend pays you $10. If you roll any other total, you pay your friend $4. What is your expected payoff from playing this game 100 times
The payoff if you gamble 100 times is 22 dollars.
What is the probability of getting a 5 or a 7?When you roll two dices, there are 36 different probabilities. Based on this number let's find out the probability of getting a 5 or a 7.
5= 1+4 / 4+1 /2+3 /3+27= 1+6/6+1 /2+5/ 5+2/3+4/4+3This means the probability is 10/36 or 0,277 or 27%.
How many times will you probably win?If you play 100 times you will win 27 times, this means you will get $270. In the same way, you will lose 73 times and this means you will pay $292.
This means the payoff would be -22 dollars (292-270=22).
Learn more about probabilities in: https://brainly.com/question/795909
If a shortage exists in the hamburger market, then the current price must belower than the equilibrium price. For the market to reach equilibrium, you would expect
For the market to reach equilibrium, you would expect prices to rise.
What is a shortage?A shortage exists when quantity demanded exceeds quantity supplied. This is because price is below equilibrium price. Equilibrium price is the price at which quantity demanded is equal to quantity supplied.
For a shortage to be resolved, prices would rise until equilibrium price is reached.
To learn more about equilibrium, please check: https://brainly.com/question/26075805
There are different kinds of market. For the market to reach equilibrium, you would expect buyers to offer higher prices.
What happens if there is a shortage of a good at the certain price?When there is a kind of surplus existing in the market, price tends to fall so as to entice additional quantity to be demanded and lower the quantity supplied until the surplus is removed.
When shortage exists, price tends to rise so as to entice additional supply and lower quantity demanded until the shortage is removed.
Learn more about shortage of a good from
https://brainly.com/question/24754736
Mark fell behind in some of his bills and now a percentage of what he owes a
creditor is taken out of his paycheck. What is this an example of?
A. A surety
B. A garnishment
C. A foreclosure
D. Alien
Answer:
The correct answer is B. A garnishment
Explanation:
When a debtor falls behind on their debt, the creditor is entitled to seize assets/wages to pay for it.
Subject: economics/history
Can someone help me with this
Extra points because this whole problem is just ://
Answer:
Worker is correct
Explanation:
good job on getting it right!
In order to promote growth in living standards, policymakers must a. rise taxes to increase government revenue. b. minimize accumulation of factors of production. c. protect property rights and maintain political stability . d. promote bureaucracy
To promote growth in living standards, policymakers must : Property rights and maintain political stability.
What is property right?Property right is the access granted to someone to have legal and intellectual ownership of assets and resources. This gives the owner full benefit of enjoying the properties.
Property rights are essential because it gives the owners of their property full control over its use, hence promote growth in living standards.
Hence, policymakers must property rights and maintain political stability in order to promote growth in living standards.
Learn more about property right here: https://brainly.com/question/14106012
Gasoline currently sells for about $3 a gallon in the small town of Penfield. In an effort to help out the college students from a nearby university who road trip every year to see the old Greek Revival Chapel, the town is considering passing a law that will make it illegal to sell gasoline for more than 25 cents a gallon. What is the most likely result of such a price control
A likely result of the price control is a shortage of gasoline.
What is a price control?A price control is when the government or an agency of the government sets the price of a good or service. When the government sets the maximum price for a good, it is known as price ceiling.
A price ceiling can result in:
shortages development of black market.it increases consumer surplus.To learn more about a price ceiling, please check: brainly.com/question/24312330
The most likely result of the price control making it illegal to sell gasoline for more than 25 cents a gallon is artificial scarcity.
What is price control?Price control is an economic mechanism instituted by the government to control the prices of goods and services.
Through price control, the government may regulate a price ceiling like 25 cents a gallon for gasoline. The implication is that sellers of gasoline in the town cannot sell above 25 cents per gallon.
Thus, the resultant effect of the price control of a gallon of gasoline by the town is artificial scarcity.
Learn more about price control at https://brainly.com/question/5591393
The beneficiary is the person who:
a. is eligible to receive health care benefits
b. accepts assignment
c. oversees coordination of benefits
d. receives the provider remittance notice
Answer:
[D] receives the provider remittance notice
Explanation:
A beneficiary is the person or entity that you legally designate to receive the benefits from your financial products.
Explain 2 main ways to increase added value.
Answer:
7 Ways To Add Massive Value To Your Business
The Faster The Better. The first way to increase value is simply to increase the speed you deliver the kind of value people are willing to pay for. ...Offer Better Quality. ...Add Value. ...Increases Convenience. ...Improve Customer Service. ...Changing Lifestyles. ...Offer Planned Discounts.Explanation:
hope it will help you have a great day bye and Mark brainlist if the answer is correct
[tex]kai6417[/tex]
#carry on learning
Question 2 of 20
Which of the following is a problem for the production of public goods?
A. An increasing demand curve.
B. The possibility of free riders.
C. Inefficient production.
D. Rivalry among consumers.
Answer:
B. Possibility of free riders
Explanation:
Took the unit test :)
Providers can use software to convert claims to an electronic:
a. flat file format
b. data interchange
c. remittance advice
d. funds transfer
Answer:
Flat file format
Explanation:
This is a format used to store reportsProviders store their claims as a document.That document is flat file .Option A is correct
Providers can use software to convert claims to an electronic flat file format. Thus the correct option is A.
What is software?A computer's operating system and various activities are carried out by a program, which is a compilation of instructions, data, or applications called software.
This software are mainly of three types which include system software, like compiler and interpreter, application software like Microsoft word, and utility software like Antivirus program.
A flat file that includes just one datasheet. Table by table, the user can set data attributes like columns and data types, and those elements are stored separately from applications.
Complaints can be converted to a digital flat file format using software by providers. The Providers can store their claims in a flat file using this format, which is used to record reports.
Therefore, option A flat file format is appropriate.
Learn more about Software, here:
https://brainly.com/question/1022352
#SPJ2
Brutus Buckeye Co announces the existence of substantial new oil reserves. The exploitation of these reserves is expected to increase the company's free cash flow by $100 million per year for eight years. If investors had not been expecting this news, what is the most likely effect on the company's stock price upon the announcement, given that the company has 80 million shares outstanding, no debt, and an equity cost of capital of 11%
The most likely effect on the company's stock price upon the announcement is $6.43.
Likely effect on the company's stock priceFirst step is to find the present value of 100 million for 8 years at 11% using PV table.
PV of 100 million for 8 years at 11%:
PV= $514.6123 million per share
Second step is to calculate the Effect on stock price
Effect on stock price= $514.6123 million / 80 million
Effect on stock price = $6.43
Inconclusion the most likely effect on the company's stock price upon the announcement is $6.43.
Learn more about company's stock price here:https://brainly.com/question/25300299
Economies of scale exists when
Answer:
Economies of scale exits when more units of a goods or services are produced on a larger scale with (no average) fewer inputs costs.
External economies of scale can also be realized whereby an entire industry benefits from a development such as improved infrastructure.
Tracie will receive payments of $550 a month for ten years. What are these payments worth today at a discount rate of 6 percent, compounded monthly
The worth of these payments to Tracie today at a discount rate of 6% compounded monthly is $49,540.40.
What is the present value?The present value is the discounted value of future cash flows. It can be calculated using an online finance calculator as below:
Data and Calculations:Periodic receipts = $550 per month
Period of receipts = 10 years
Interest interest = 6% compounded monthly
N (# of periods) = 120 (10 years x 12 months)
I/Y (Interest per year) = 6%
PMT (Periodic Payment) = $550
FV (Future Value) = $0
P/Y (# of periods per year) = 12
C/Y (# of times interest compound per year) = 12
Results:
PV = $49,540.40
Sum of all periodic payments = $66,000.00 ($550 x 120)
Total Interest = $16,459.60
Thus, the worth of these payments to Tracie today at a discount rate of 6% compounded monthly is $49,540.40.
Learn more about present value at https://brainly.com/question/20813161
Can Tatar come off your teeth?
Answer:
the dentist can remove it, or you can try flossing it out depending if it's between your teeth or on the surface i guess you can try using an electric toothbrush too
Answer:
Once tartar has formed, only a dental professional will be able to remove it from your teeth. So, visit your dentist every 6 months to remove any plaque and tartar that might have formed and to prevent further problems.
Alfred received a bonus and didn't need it for at least a year, so he wanted to put in somewhere where it would earn more interest than a savings account. What is the best option for Alfred
To save money and make profit, the best option for Alfred is money market.
What is money market?The money market is known to be a term that connote the act of dealing with debt of less than one year.
It is often used by governments and corporations to keep one's cash flow steady, and for potential investors like Alfred to make a honest profit.
See options below
What is the best option for Alfred? Multiple Choice
eBook O
checking Print
cash
NOW
money market
certificate of deposit
Learn more about money market from
https://brainly.com/question/1305875
Answer:
Certificate of Deposit
Explanation:
Lucie Corporation's purchasing manager obtained a special price on an aluminum alloy from a new supplier, resulting in a direct-material price variance of $9,500F. The alloy produced more waste than normal, as evidenced by a direct-material quantity variance of $2,000U, and was also difficult to use. This slowed worker efficiency, generating a $2,500U labor efficiency variance. To help remedy the situation, the production manager used senior line employees, which gave rise to a $900U labor rate variance. If overall product quality did not suffer, what variance amount is best used in judging the appropriateness of the purchasing manager's decision to acquire substandard material?
Answer:
he alloy produced more waste than normal, as evidenced by a direct-material quantity variance of $2,000U, and was also difficult to use. This slowed worker ...
1 answer
·
Top answer:
Favorable Direct-material price variance 9500 F Les...
Explanation:
Uncle Ulysses can obtain an additional 10 hours of painting capacity free of charge by training his
interns to paint. If he did this, how would his profits be affected?
A) Profit would increase by $6.92.
B) Profits would increase by $1.58.
C) Profits would decrease by $20.
D) Cannot tell from the information provided
Answer:
C
Explanation:
So basically you do that then multiple that 2x
Uncle Ulysses can obtain an additional 10 hours of painting capacity free of charge by training his interns to paint. His profits cannot tell from the information provided. thus option (D) is correct.
What is a Painting?
A painting is the expression of ideas and emotions of the artist. An artist uses his creative aesthetic qualities in a two-dimensional visual language in the form of painting.
The artist use various elements like shapes, lines, colors, tones, and textures in various ways to produce sensations of volume, space, movement, and light on a flat surface.
A painting can be created on any surface from small stone to big building. Every character in a painting depicts some emotions and gives life to it. From paleolithic age to the modern era, the paintings are an important part of art.
Learn more about painting here:
brainly.com/question/15570386
#SPJ2
Uber and Spotify have a streaming partnership that allows riders to stream their personal Spotify playlists while riding with Uber. This inter-organizational relationship affords both Uber and Spotify a business advantage and is best described how?
The partnership between Uber and Spotify who had a streaming partnership is an example of strategic alliance.
What is a strategic alliance?
A strategic alliance refers to a business arrangement between firms to undertake a mutually beneficial project while each retains its independence
In conclusion, the benefit of a strategic alliance is that its allow partners to scale quickly and build innovative solutions for their customers.
Read more about strategic alliance
brainly.com/question/4467038
Answer:
The partnership between Uber and Spotify which had a streaming partnership is an example of a strategic alliance.
What is a strategic alliance?
A strategic alliance refers to a business arrangement between firms to undertake a mutually beneficial project while each retains its independence
In conclusion, the benefit of a strategic alliance is that its allow partners to scale quickly and build innovative solutions for their customers.
If the risk-free rate is 3.80 percent and the risk premium is 2.8 percent, what is the required return
Answer: 6.6%
Explanation:
The expected rate of return is simply the risk free rate + the risk premium. So, 3.8% + 2.8% = 6.6%.
- The risk free rate is the return an investor would receive without any risk.
- The risk premium is the return an investor would receive over and above the risk free rate.
- Conceptually, if we rearrange this formula, if an investor require a rate of return of 6.6%, then the risk premium is simply the excess rate over the risk free rate. So, 6.6% - 3.8% = 2.8%. Here we can check that our work is correct.
What should you do when the job you interviewed for is not what you wanted?
a.
Accept the position
b.
Reject the position
c.
Ignore all offers
d.
None of the above
Please select the best answer from the choices provided
A
B
C
D
Answer:
> The answer to your query would be the second option.
Explanation:
> We can go through the process if elimination to find the best answer choice possible.
> The first one; “Accept the position” is not the correct choice, as you don’t want the job. Therefore, you should try your best to keep yourself away from it. Accepting the job and working for them is not what you want, so this is not the correct answer.
> The second one; “Reject the positions” is correct, as you would want to politely say no to the job offer, and continue with something else. A way of rejecting the offer would be to write an email or letter stating that you are no longer interested in the job position, and kindly say no to it. Once again, this is the correct answer.
> The third one: “Ignore all offers” is not the correct answer, as this is rude and impolite. This may also backfire on you if they have connections with other companies you may be interested in working for.
> The fourth one: “None of the above”, is not the correct answer, as we found that the second answer is correct.
> We have successfully completed the process of elimination, and found that the second answer is the correct one. Once again, the correct answer is B) Reject the position
> I hope this successfully solved your problem, and answered any other queries you may have had on the subject. #LearningWithBrainly
Answer:
its b
Explanation:
yw
Two products, product A and product B, have the same prices, costs and salvage values. The demands for both products are normally distributed with the same mean. However, the standard deviation of product A's demand is greater than the standard deviation of product B's demand. For which product, the value of a crystal ball (the perfect forecasting system) is higher?
Because the standard deviation of product A's demand is greater than the standard deviation of product B's demand, the value of product B is higher than product A.
What is a standard deviation?The standard deviation is the measure of the amount of variation or dispersion of a set of values. The standard deviation shows how spread out the values of a variable are, especially when compared with the values of another variable.
Thus, based on the greater standard deviation of product A's demand, the value of product B is higher than product A.
Learn more about standard deviation at https://brainly.com/question/475676
Which of the following is NOT part of value-chain analysis? (a) product research (b) quality management (c) supply chain management (d) project management (e) human resources
Answer:
c? , supply chain management
Lake acquired a controlling interest in Boxwood several years ago. During the current fiscal period, the two companies individually reported the following income (exclusive of any investment income):
Lake $ 363,000
Boxwood 120,000
Lake paid a $60,000 cash dividend during the current year, and Boxwood distributed $5,000.
Boxwood sells inventory to Lake each period. Intra-entity gross profits of $22,400 were present in Lake's beginning inventory for the current year, and its ending inventory carried $41,500 in intra-entity gross profits.
View each of the following questions as an independent situation. The effective tax rate for both companies is 21 percent.
If Lake owns a 60 percent interest in Boxwood, what total income tax expense must be reported on a consolidated income statement for this period? (Round the intermediate calculations and final answers to the nearest dollar amount.)
If Lake owns a 60 percent interest in Boxwood, what total amount of income taxes must be paid by these two companies for the current year? (Round the intermediate calculations and final answers to the nearest dollar amount.)
If Lake owns a 90 percent interest in Boxwood and a consolidated tax return is filed, what amount of income tax expense would be reported on a consolidated income statement for the year?
a) With Lake's 60% controlling interest in Boxwood, the total income tax expense reported on a consolidated income statement for this period is $99,023 ($471,540 x 21%).
b) With Lake's 60% controlling interest in Boxwood, the total amount of income taxes payable for the current year is $101,400 ($363,000 + $120,000) x 21%.
c) With Lake's 90% controlling interest in Boxwood, the amount of income tax expense to be reported on the consolidated income statement for the year is $97,820 ($465,810 x 21%).
What is controlling interest?Controlling interest exists when a company or an individual owns more than 50% of the shareholdings of another company. This gives the investor shareholder a majority voting share to influence decisions of the subsidiary company.
Data and Calculations:Lake Boxwood
Income reported $363,000 $120,000
Dividend paid 60,000 5,000
Dividend income 3,000 ($5,000 x 60%)
Increase in intra-entity gross profits = $19,100 ($41,500 - $22,400).
Excludable intra-entity gross profits = $11,460 ($19,100 x 60%).
Consolidated Income = $471,540 ($363,000 + $120,000 - $11,460)
Excludable intra-entity gross profits = $17,190 ($19,100 x 90%).
Consolidated Income = $465,810 ($363,000 + $120,000 - $17,190)
Learn more about controlling interests at https://brainly.com/question/15415717
Pace Co. borrowed $10,000 at a rate of 7.25%, simple interest, with interest paid at the end of each month. The bank uses a 360-day year. How much interest would Pace have to pay in a 30-day month?
Answer:
Explanation:
Amount of interest need to paid is 30 day month
= 10000×(1.075)×30/360 = 60.42
Simple interest formula is
Interest for year is = 10000×7.5% = 750
Per month is = 750×30/360 = 60.42
The amount of interest that Pace would have to pay on the loan in a 30-day month is $60.42.
What is the interest that Pace would pay?Simple interest is when only the interest is applied to the principal amount that is borrowed and not on the interest already accrued.
Simple interest = principal x interest rate x 30/360
$10,000 x 0.0725 x 30/360 = $60.42
To learn more about simple interest, please check: https://brainly.com/question/27328409
#SPJ2
Which of the following statements is false?
A. Accounting is the information system that measures business activities, processes that information into reports, and communicates the results to decision makers.
B. Owners of a corporation are personally liable for the debts of the corporation.
C. Financial statements report financial information about a business entity to decision makers.
D. The purpose of financial accounting is to provide information to people outside of the entity, such as investors and creditors.
Answer: B
Explanation:
As a general rule, owners, such as investors, in a public corporation are only liable for the money they have invested into the business. They can only lose what they have invested in the business. So, if the company goes bankrupt, the creditors cannot claim the owner’s personal assets.