6. What is the difference between sticky prices and flexible prices? Explain.
Answers
Sticky prices and flexible prices are two different pricing models that exist in the market. Sticky prices are prices that do not adjust quickly to changes in supply and demand.
This means that the price remains the same even when there is a change in the market condition, and it takes a considerable amount of time to adjust to the new market reality. In contrast, flexible prices are prices that can adjust quickly to changes in supply and demand. This means that the price can change rapidly, and it adjusts according to the market condition. The main difference between sticky prices and flexible prices is their response to changes in the market condition. Sticky prices are prevalent in markets where there is a lack of competition or in markets where there are barriers to entry. In contrast, flexible prices are common in competitive markets where there is a large number of buyers and sellers. Sticky prices can lead to market inefficiencies because they can prevent the market from reaching equilibrium. In contrast, flexible prices can help the market reach equilibrium quickly, which can result in more efficient allocation of resources. In summary, the main difference between sticky prices and flexible prices is their ability to adjust to changes in supply and demand. Sticky prices are slow to adjust, while flexible prices adjust quickly. Flexible prices are more efficient, while sticky prices can lead to market inefficiencies.
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Related Questions
Consider this scenario. during the early 2000s, the midwestern united states experienced a drought, or lack of rainfall. this ruined large amounts of the corn crop. tortillas, which are made from corn, became more expensive to make. what would tortilla manufacturers have needed to do in order to make the same profit? increase the price of tortillas decrease the price of tortillas decrease the supply of tortillas and keep the price the same decrease the supply of tortillas and decrease the price
Answers
Increasing the price of tortillas results in increased profit for the manufacturers.
What exactly is profit?Profit is defined as a monetary gain that can be calculated by subtracting the purchase price from the selling price.
Increasing the price of the tortilla means increasing the gain or profit. This is due to the fact that the above product will cost more money to purchase.
Therefore, option a describes the statement.
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Answer:
a. increase the price of tortiallas
Explanation:
edge 22
why are the msds so important for workers to read at the job site? group of answer choices material security data sheet help the workers go home every night stronger. material safety data sheet provide important knowledge on how to work with toxic materials at the job site. it provides maximum strength determination system that workers need to improve performance material safety data sheet are waste of time to read and better to read the local newspaper
Answers
The Material Safety Data Sheet (MSDS) is an important document that provides crucial information on how to work with hazardous materials at the job site.
Moreover, It contains important details such as chemical properties, health hazards, precautions for safe handling, and emergency procedures. By reading the MSDS, workers can ensure that they are aware of the potential risks and take appropriate safety measures to prevent accidents and injuries.
The MSDS can help workers go home every night stronger by providing them with the necessary knowledge and tools to work safely with toxic materials.
However, It is not a waste of time to read the MSDS and it is better to prioritize reading it over other irrelevant materials such as the local newspaper.
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If the buyer, who has signed a buyer broker contract, finds a For Sale by owner, then?
Answers
Answer:
Then the buyer must tell the broker and have him set up an appointment and handle the negotiations.
Explanation:
If you sign for a buyer-broker contract, then you should know that the broker must be the essential 'lead' when it comes to, say, buying a house.
Identify a true statement about exercising. It impedes the growth of new neurons (neurogenesis) in the hippocampus. It has little or no influence on mood regulation. It increases the rate of bone loss in older women. It reduces the risk of heart disease, stroke, and certain types of cancer.
Answers
The true statement about exercising is: "It reduces the risk of heart disease, stroke, and certain types of cancer."
Regular exercise has been shown to have numerous health benefits, including reducing the risk of heart disease, stroke, and certain types of cancer. Engaging in physical activity and maintaining an active lifestyle can contribute to improved cardiovascular health, increased circulation, reduced inflammation, and better overall immune function, which can help lower the risk of developing these chronic diseases.
Exercise also plays a significant role in weight management, promoting healthy bone density, improving mental health and mood, enhancing cognitive function, and boosting overall well-being. It can help reduce stress, improve sleep quality, and increase the release of endorphins, which are known as "feel-good" hormones.
While exercise has positive effects on various aspects of health, it does not impede the growth of new neurons (neurogenesis) in the hippocampus. In fact, exercise has been shown to promote neurogenesis and improve brain health. Additionally, exercise can help slow down bone loss in older women and contribute to better bone density and strength, contrary to the statement suggesting that it increases the rate of bone loss.
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Help ASAP!!!! most possible answer
Answers
Answer:
The administration prosses a public and and AVAILIBLE TO ANYONE to review.
Explanation:
That is the most open administration because its available to anyone-(the public).
A(n) _____ identifies how you feel about an activity or subject.
Answers
Answer:
Survey
it questions and identifies how you feel about an activity or subject.
Answer: interest theory
took it on edg.
The CEO does not fully understand which are the options enabled by the dynamic allocation of resources. Which of the following paragraphs best describes them: O When you need computing power you access the cloud and use some of the resources. When you do not need computing power. other companies will use it. In case you need more (or less) computing power, the system adapts the resources of your virtual computer(s). It can also switch your virtual computer(s) to different computer centers in other locations. O When you need computing power you access the cloud and use some of the resources. When you do not need computing power. other companies will use it. O When you need computing power you access the cloud and use some of the resources. When you do not need computing power. other companies will use it. In case you need more (or less) computing power, the system adapts the resources of your virtual computer(s). O When you need computing power you access the cloud and use some of the resources. When you do not need computing power. other companies will use it. In case you need more (or less) computing power, the system adapts the resources of your virtual computer(s). It can also switch your virtual computer(s) to different computer centers in other locations. Beside, it allows you to use different operating systems.
Answers
The paragraph that best describes the options enabled by dynamic allocation of resources is: "When you need computing power, you access the cloud and use some of the resources. When you do not need computing power, other companies will use it."
The selected paragraph accurately describes the options enabled by dynamic allocation of resources. It states that when computing power is required, users can access the cloud and utilize a portion of the available resources. However, when the computing power is not needed, those resources are made available to other companies or users. This concept highlights the flexibility and efficiency of resource allocation in the cloud. It ensures optimal utilization of resources, as they are dynamically allocated based on demand. The paragraph does not mention additional features like adapting resources, switching computer centers, or using different operating systems, so it focuses solely on the core concept of sharing and utilizing computing power as needed.
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For a Sailor with a Significant Problems (SP) evaluation, what information must be entered on a C-WAY application?
Answers
For an assessment of a Sailor with Significant Problems (SP), Information about being ineligible must be submitted on a C-WAY application.
The top-performing Sailors can be connected to job requirements in the people inventory using the Career Waypoints (C-WAY) system, a corporate IT system. It operates as a service continuum system and is recognised as a long-term force managed service, balancing manning across rates, ratings, Active Component (AC), Full Time Support (FTS), and Reserve Component. The Bureau of Naval Personnel (BUPERS) has control over the reenlistment and enlistment contract extension quotas (RC). applicable to Sailors E3 through E6 who request permission to reenlist or complete a STE when appropriate and who have less than 14 years of active duty between their Active Duty Service Date (ADSD) and Expiration of Active Obligated Service as Extended (SEAOS).
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You like my koala his name is Fred
Answers
Answer:
i do like your koala
Explanation:
O que é locução verbal?
Answers
Answer:
verbal expression - the communication (in speech or writing) of your beliefs or opinions; "expressions of good will"; "he helped me find verbal expression for my ideas"; "the idea was immediate but the verbalism took hours"
expressão verbal - a comunicação (oral ou escrita) de suas crenças ou opiniões; “expressões de boa vontade”; "ele me ajudou a encontrar expressão verbal para minhas idéias"; "a ideia foi imediata mas o verbalismo demorou horas"
Explanation:
brainliest please?
coroa please?
Money Management Assessment
Australians have the world's second-largest household debts. We know it, we worry about
it
, and there is increasing evidence it is changing our way of life. Ninety per cent of the
nearly 55,000 respondents to the ABC's Australia Talks National Survey rated household
debt as a problem for
the nation. On an individual level, 37 per cent are struggling to pay off
their own debts, with almost half of millennials reporting that debt is a problem for them
personally. https://www.abc.net.au/news/2019-10-18/household-debt-leaves-australians-
working-longer-spending-less/11608016
From what you have been taught this term on money management you need to write a response on
how Australians can turn their personal debt around and start to build wealth. In your response to
achieve above the standard you need to cover all of the key vocab: Debt, Savings, Loans, Banks,
Credit, Needs, Wants, Assets, Liabilities, Interest.
Answers
Answer: What are we suppose to answer where is the question
Explanation:
What are the 3 Levels of Management?:
Answers
Explanation:
Administrative, Managerial, or Top Level of Management.
(01.04 MC) Graph shows values along the horizontal axis and vertical axis. Coordinates are plotted to indicate two upward-sloping diagonal lines and two downward-sloping diagonal lines. Line 1 is a downward sloping line with point S at 300,300 and Point U at 200, 400. Line 2 is a downward sloping line with point T at 500, 300. Line 3 is an upward sloping line with Point S at 300, 300 intersecting line 1 at S and also intersecting line 2. Line 4 is an upward sloping line with point T at 500, 300 intersecting Line 2 Use the above graph to answer the following question. Which of the following may occur as a result of an increase in the price of iPods? (1 point) a Shift from line one to line two b Move from point S to point U c Shift from line two to line one d Move from point U to point S
Answers
A Move from point S to point U; b Move from point S to point U; c Move from point U to point S; an increase in the quantity required.
What is a good illustration of an equilibrium price?A store sells 1,000 spinning tops for $10 each from a factory. However, no one is willing to purchase them at that cost. The store reduces the price to $8 in order to increase demand. At that price, 250 customers are interested.
Using the supply and demand framework, we can predict how an event will affect the equilibrium price and quantity using a four-step process.
Let's imagine a single event has occurred to begin thinking about changes in equilibrium price and quantity. It could be a occurrence that has an impact on demand, such as a shift in income, population, preferences, the prices of alternatives or complements, or expectations regarding future prices. Alternately, it could be a occurrence that alters supply, such as a shift in the natural conditions, the prices of inputs, technology, or production-influencing government policies.
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ANSWER PLS
3. Would you rather fund your company using mostily debt funding, or mostly equity
funding? Why? (1-5 sentences. 3.0 points)
Answers
Answer:
see below
Explanation:
Equity financing involves selling shares to investors. The entrepreneurs surrender part ownership to third parties. It means profits have to be shared, and there have to consultations in every major decision.
Debt financing involves borrowing from lenders. It has a big advantage in that the entrepreneur maintains full control of the business. They do not have to share profits with other people or risk being kicked out of the business. However, debts have to be paid. The monthly repayment for several years can have hamper progress. It reduces profits, making a business seem less valuable.
A business should balance between equity and debt financing. As much as possible, equity financing should have a bigger proposition of capital to be profitable and increase in worth.
fran's fakes is a purse retailer in china town. fran just received a shipment of proda bags and is trying to decide what to charge for them. each bag cost her $12, she wants to charge a 30% markup on each purse. what should the price of the proda bags be?
Answers
Price = $15.60 . Fran should charge $15.60 for each Prada bag at her purse retail store in Chinatown.
Hi there! Based on the information you provided, Fran's Fakes purchased the Prada bags for $12 each and wants to charge a 30% markup. To determine the selling price, we can use the formula:
Selling Price = Cost + (Markup Percentage x Cost)
Plugging in the numbers, we get:
Selling Price = $12 + (0.30 x $12)
Selling Price = $12 + $3.60
Selling Price = $15.60
Therefore, Fran should charge $15.60 for each Prada bag to achieve a 30% markup. I hope that helps! Let me know if you have any further questions.
Hi! To calculate the price of the Prada bags at Fran's Fakes, we need to determine the 30% markup on the $12 cost. Here's the calculation:
Markup = Cost * Markup Percentage
Markup = $12 * 30
Markup = $3.60
Now, add the markup to the original cost:
Price = Cost + Markup
Price = $12 + $3.60
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A motor vehicle sold on credit to C. Kelly will require which of the following entries:
Debit Purchases, Credit C. Kelly
Debit motor vehicle, Credit C. Kelly
Debit C. Kelly, Credit purchases
Debit C. Kelly, Credit Motor vehicle
Answers
When a motor vehicle is sold to C. Kelly on credit, the relevant entries would be Debit C. Kelly, Credit Motor vehicle.
When an item is sold on credit to an entity, that entity becomes an Accounts Receivable. As this is an asset, it is debited when it increases which is the case here with C. Kelly purchasing the car on credit.
The motor vehicle account is an asset and assets are credited when they decrease. By selling the vehicle, the motor vehicle account will be credited to show that motor vehicles have decreased.
In conclusion, the accounting entry for the above scenario would be Debit C. Kelly, Credit Motor vehicle.
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The cousins made the decision very early on to work with their franchisees in a way that they let them run the show in their city. This is called
Answers
This is called "decentralized franchise management," where franchisees are given substantial autonomy to independently operate and manage their businesses within their respective cities.
Decentralized franchise management entails a strategic approach where franchisees are granted a considerable degree of operational independence and decision-making authority within their localized business environments.
Unlike a centralized model, wherein the franchisor exercises greater control over various aspects, this approach empowers franchisees to tailor their strategies, adapt to local market nuances, and make day-to-day choices while adhering to overarching brand guidelines.
It fosters a sense of ownership, allowing franchisees to effectively respond to regional dynamics and consumer preferences, while still maintaining brand consistency and benefiting from the franchisor's support and expertise.
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an increase in net taxes (taxes paid by the private sector to the government less transfer payments and interest payments made by the government to the private sector) will:
Answers
An increase in net taxes will increase public saving.
The difference between taxes raised and government spending; public saving is positive when there is a budget surplus, but negative when there is a budget deficit.
Increased income taxes lower personal income, which in turn lowers consumption. Thus, the initial change in consumption caused by the change in income taxes multiplied by the multiplier causes a leftward shift in the aggregate demand curve.
The government's function of making purchases is unaffected by changes in disposable income. The quantity of disposable income declines as net taxes rise.
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Choose the right answer 6-The sales strategy is decided as a part of .........stage A. PRESENTATION B. APPROACH C. PREAPPROACH 7-A salespeople spends 30 % his time in ....... A. Waiting/travelling B. Service calls C. Face-to-face selling 8- FACTORS AFFECTING BUYING DECISIONS A. Psychological Factors B. Social and Cultural Factors Individual Needs C. All the above 9- Arresting the prospect's attention - should be done during the ..........step A. Close B. Negotiation C. Approach 10- used in security services filled up before the first appointment. It is then studied is ............. A. Referrals B. Customer Benefit C. Survey
Answers
The B. APPROACH stage includes a decision on the sales approach. In the sales process, the approach stage entails making the first move towards the prospect and laying the groundwork for further interactions.
At this step, the sales strategy is chosen, which involves deciding how to approach the prospect and how to convey the value proposition. A salesperson spends 30 percent of their time A. waiting/traveling.
Salespeople frequently have to travel to meet clients or wait for appointments, therefore waiting and travelling are frequent activities for them. Usually, this time is used for commutes, waiting for meetings, or travelling to and from client sites. The variables influencing purchasing choices include C. All of the above.
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Fred Rogers bought a $50,000 whole life insurance policy at age 20. What is his annual premium if the rate is $18.75 per $1,000 of insurance coverage?
Answers
Answer:
Amount of annual premium = $937.5
Explanation:
Given:
Total amount of insurance coverage = $50,000
Rate of premium = $18.75 per $1,000 Insurance coverage
Find:
Amount of annual premium
Computation:
Amount of annual premium = Total amount of insurance coverage [18.75/1,000]
Amount of annual premium = 50,000[18.75/1,000]
Amount of annual premium = 50[18.75]
Amount of annual premium = $937.5
Which of the following are ways that organizational structure determines your role as a project manager? Select all that apply.
Organizational structure determines your career growth Organizational structure determines where you fit in Organizational structure determines how frequently to communicate Organizational structure determines who you should communicate with
Answers
Organizational structure determines where you fit in and organizational structure determines who you should communicate with are the two ways that organizational structure determines your role as a project manager.
The framework of an organization's lines of authority and decision-making processes is known as organizational structure. The person in charge of the project is the project manager. It is the project manager's responsibility to organize and oversee all aspects of the project. The organizational structure of the company has an impact on the project manager's position in a variety of ways.
The following are the ways that organizational structure determines your role as a project manager:
Organizational structure determines where you fit in: As a project manager, you must first understand where you fit into the organization. You must know your chain of command and whom you report to. You should also understand how to interact with other departments in the organization.
Organizational structure determines who you should communicate with: As a project manager, you must communicate with the proper stakeholders. You must first identify the stakeholders and assess their level of interest, power, and influence in the project. You must also determine how frequently to communicate with each stakeholder. The organizational structure determines who you should communicate with and how frequently to do so.
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What is Fed rate in banking?
Answers
The federal funds rate is currently 4.25% to 4.50%.
The federal funds rate is the interest rate at which depository institutions (banks and credit unions) lend reserve balances overnight to other depository institutions on an uncollateralized basis in the United States. Reserve balances are amounts held at the Federal Reserve to meet the reserve requirements of depository institutions. Surplus balances in institutions' accounts are lent to institutions in need of larger balances. In financial markets, the federal funds rate is an important benchmark.
The effective federal funds rate (EFFR) is calculated by taking the effective median interest rate of overnight federal funds transactions during the previous business day and dividing it by the number of transactions. The Federal Reserve Bank of New York publishes it daily.
The federal funds target range is determined by a meeting of the Federal Open Market Committee (FOMC), which usually takes place eight times a year, seven weeks apart. Outside of its regular meeting schedule, the committee may hold additional meetings and make target rate changes.
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2. Choose a well-known company that you know of, and describe its direct and indirect competitors. Describe at least 2 direct competitors and 2 indirect competitors. (1-5 sentences. 4.0 points)
3. Describe at least 3 nonprice competition strategies a company could use to convince customers that its product is better than other similar products. Why would those strategies matter to customers? (1-6 sentences. 3.0 points)
4. Describe a real or made up but possible example of a product that went through a time of scarcity. What was likely to happen to the price of the product when it was scarce, and why? (1-3 sentences. 3.0 points)
5. Describe a product you know of that has elastic demand. Why is the demand for this product elastic? Explain. (1-3 sentences. 3.0 points)
Answers
The product can be Pizza Hut. Pizza Hut's immediate competitor is Domino's as they have the same price range and demand, while Burger King, McDonald's, and other burger chains are its indirect competitors.
Superior craftsmanship also means getting a product that is worth your money rather than a commodity that is cheap and breaks after one use. Having a pleasant, intriguing, and accessible website that buyers can access whenever they want to browse your products is a sign of a better. web presence.
Apple is a real or fictitious but conceivable example of a good that experienced a period of unavailability. As a result of nature, the plants were destroyed
Consumer durables are a case of goods with elastic demand. These are products that can be delayed if prices increase and are frequently bought, namely a washing machine.
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20 POINTS AND WILL GIVE BRAINLY
PLS ANSWER
Answers
list one career cluster and three career pathways related to this cluster
Answers
Answer:
Business Management & Administration: General Management pathway: general manager: Walmart.
Business Management & Administration: Business Information Management pathway: IT manager: Walmart.
Business Management & Administration: Human Resources Management pathway: HR director: Meijers.
Business Management & Administration: Operation Management pathway: Operations manager: Meijers.
Business Management & Administration: Administrative Support pathway: Administrative assistant: Kroger.
Finance: Securities & Investments pathway: Bank teller: Huntington.
Finance: Business Finance pathway: accountant: Kroger.
Finance: Accounting pathway: auditor: H&R Block.
Finance: Insurance pathay: insurance claim agent: Amica.
Finance: Banking Services pathways: bank teller: Huntington.
Marketing: Marketing Management pathway: forecast manager: Adidas.
Marketing: Professional Sales pathway: salesperson: Adidas.
Marketing: Merchandising pathway: Sales Promotion manager: Walmart.
Marketing: Marketing Communications pathway: Advertising manager: Adidas.
Marketing: Marketing Research pathway: product planner: Nikes.
Explanation:
Business management and administration can be one of the career clusters.
What is a career?You maintain the same line of employment when you have a career. A profession can consist of one or several jobs. You may work for a single corporation or several. A career education, experience, and professional experience. A career is often referred to as a "career path."
One of the career clusters is a business management and administration.
Three paths to careers in this cluster
Management of corporate information will help them to become managers and know how to handle people.Management, in general, will help in smooth working. Human resource administration will make sure that the relationship between the employee and the employer is working smoothly.Learn more about career, Here:
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In what three ways does the government affect production of goods and services in the US economy?
Answers
Which statement best summarizes the law of demand ?
A. Sellers only supply goods that are in high demand from buyers.
B. Buyers are more likely to buy a products that is supplied in large quantities.
C. Sellers can easily substitute a product in high demand with another product.
S. Buyers are more interested in purchasing products as those products decline in price.
Thank you :)
Answers
Buyers are more likely to buy a product that is supplied in large quantities.
What is the law of demand?The law of demand states that the quantity purchased varies inversely with the price. In other phrases, the better the rate, the lower the quantity demanded.
What are the types of demand?Individual and Market DemandOrganization and Industry DemandAutonomous and Derived DemandDemand for Perishable and Durable GoodsShort-term and Long-term DemandLearn more about the law of demand here https://brainly.com/question/24019366
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An economy that using its resources to produce the maximum number of goods and services is described as? A. Efficient B.underutilized C.growing. D.trading off
Answers
Answer:
underutilized
Explanation:
HELPPPPPP!!!!
Most of a distribution manager's decisions must balance cost reduction
against which other benefit?
A. Superior customer service
B. Greater efficiency
C. Price increases
D. Higher profits
Answers
Answer:
B. Greater efficiency
Explanation:
Efficiency, in this case, will refer to achieving the desired results with minimal or no wastage. A distribution manager has the responsibility to ensure goods get to their destination as scheduled. The manager's efficiency will be gauged by the speed, accuracy, and safety of deliveries.
Other than cost savings, the distribution manager has to aim at achieving greater efficiency. Customer service and pricing are functions of other managers.
A market demand curve shows Group of answer choices the sum of all prices that the individual buyers are willing and able to pay for each possible quantity of the good. the relationship between price and the number of buyers in a market.
Answers
Answer:
the sum of all prices that the individual buyers are willing and able to pay for each possible quantity of the good.
Explanation:
Market demand refers to the sum of the individual demand for a commodity from all buyers in a given market.
A market demand curve is therefore a graph that shows the the sum of the individual demand for a commodity from all buyers in the market.
Therefore, the correction option is "the sum of all prices that the individual buyers are willing and able to pay for each possible quantity of the good".
Note that the market demand curve is a downward sloping curve due to the fact that there is a negative relationship between price and quantity demanded. That is, as price increases, the quantity demanded decreases. On the other hand, as price decreases, the quantity demanded increases.
Also note that an example of a market demand curve is given in the attached graph. From the graph, it can be seen that when price is \(p_{0}\), quantity demanded is \(q_{0}\). But when price falls to \(p_{1}\), quantity demanded increased to \(q_{1}\). This shows the negative relationship between price and quantity demanded as explained above.
