A decrease in the discount rate increases bank reserves and increases the money supply if banks respond appropriately to the change in the rate.
What is meant by discount rate?The rate of return employed in corporate finance to bring future cash flows down to their present value is called a discount rate. This rate is frequently referred to as a company's Weighted Average Cost of Capital (WACC), needed rate of return, or hurdle rate, which refers to the rate of return investors must achieve relative to the risk involved in the investment.
A decrease in the discount rate lowers the cost of borrowing for commercial banks, which increases the amount of credit that is accessible and lending activity across the economy.
When the Fed reduces the discount rate, the economy as a whole experience an increase in surplus reserves in commercial banks, which boosts the money supply. On the other hand, when the Fed increases the discount rate, the money supply is constrained and the excess reserves in commercial banks are reduced.
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Which of the following decisions is most likely to create a temporary diseconomy of
scale? (Select the best answer.)
A)Buying supplies in bulk
B)Buying an expensive piece of machinery
C)Hiring employees who specialize
D)Using division of labor
Answer:
Buying an expensive piece of machinery
Explanation:
kendra has been working for harmon electronics as a quality-control inspector for three years. she learns that a coworker with less experience and less time with the company is earning more than she is. what role does kendra's coworker fulfill, according to the equity theory?
According to the equity theory comparison with other people, Kendra's coworker plays the position that is indicated.
What is equity theory?Equity theory focuses on determinative whether or not the distribution of resources is honest to each relative partners. Equity is measured by examination the magnitude relation of contributions (or costs) to advantages (or rewards) for every person. thought-about one amongst the justice theories, equity theory was 1st developed within the Sixties by J. Stacy Adams, a work and activity scientist, United Nations agency declared that staff look for to take care of equity between the inputs that they carry to employment and therefore the outcomes that they receive from it compared to the perceived inputs and outcomes of others. consistent with Equity Theory, so as to maximise individuals' rewards, we have a tendency to tend to make systems wherever resources may be fairly divided amongst members of a bunch.
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Imagine you’re renting an apartment with a friend after high school. Your friend wants to get satellite TV but can’t because they have bad credit due to a history of late payments. They ask if you’ll sign up for it and assure you they’ll take care of the payments. How would you respond?
Answer:
This is a tricky situation. On one hand, it would be nice to have satellite TV, but on the other hand, I don't want to put myself in a bad situation by signing up for something I can't afford. If I agree to sign up, I could potentially be held liable for the monthly fee if my friend isn't able to pay.
I would advise my friend to look into alternative options for TV services, such as streaming services or basic cable. If they still want to pursue satellite TV, then I would suggest that they speak to customer service about any other payment options available for those with bad credit.
Explanation:
The choice of a compensation system is very important to managers because: Multiple select question. incentives affect motivation employees will only comply with union rules it affects efficiency and productivity employees receive annual pay raises
The choice of a compensation system is very important to managers because it affects efficiency and productivity employees. Thus the option 3rd is correct.
What is compensation?Compensation refers to the monetary reward given to the employees for their performances in the company. In the workplace, employees earns the compensation.
It includes salary or wages in addition to commission and any incentives or perks that comes as the reward to the employees. It is basically the incentives provided to them in order to motivate them.
The compensation increases the productivity and efficiency of the employees as it boost the confidence and makes the them feels that they had accomplished something in the organization.
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You just started your first full-time job, and one of the benefits is a retirement savings plan. Someone in the human resources department is going over your benefits and says that you have make choices about how the retirement savings plan is invested. She gives you some papers to read and asks you to stop by and let her know your choices when you come to work tomorrow. What must you consider as you read the information and make your choices? Answer in complete sentences.
I need to be aware that investment options and the market conditions can change over time, and I should regularly review and adjust my investment choices as to ensure I am on the track to meet my retirement goals.
What is retirement?Retirement is a phase in a person's life when they choose to stop working or reduce their work hours. It is a time when people typically have reached a certain age, have accumulated enough savings or investments, and are ready to leave the workforce. Retirement can be a voluntary decision or forced due to health issues or other reasons. During retirement, individuals can pursue hobbies, travel, spend time with family and friends, and engage in leisure activities they did not have time for while working. Retirement also involves careful financial planning to ensure that one's income will be sufficient to support their lifestyle and cover expenses, such as healthcare and housing. Many people also choose to seek advice from financial planners and other professionals to help them navigate this phase of life.
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Each of these is a key topic to consider when researching a potential employer. company products or services, company customers, company's community service, company/industry news Select all that apply
Company/Industry news is a key topic to consider when researching a potential employer. The correct option is D.
Pay close attention to the company's principles and mission as stated on the website while you conduct research on the employer. Additionally, by keeping up with the company on its social media channels, you can discover more about the corporate culture.
What do you mean by the employer?An employer is a person or a company who hires one or more individuals, especially for pay or salary: a fair employer. a thing or person that uses something else or occupies something else: a poor-time employer.
Employer research can assist you in making more educated decisions and determining your fit with a job, sector, and/or organization, whether you are considering experiential learning, starting a job search campaign, or getting ready for interviews.
Thus, the correct option is D.
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What education does a product developer or product designer that creates yugioh cards for Konami needs?
Answer:
100 students at college
what are some things you would need to start your own business? What would you have to be good at?
Answer:
To start your own business you will need multiple back up plans, good time management and overall just a good support system.
Explanation:
explain three mentioned factors in detail Cultural,
Administrative, and Economic differences with respect to the
country they want to invest in.
the country is UK, the business that will be opened is
The cultural, administrative, and economic differences should be considered when investing in the UK.
When investing in the UK, it is crucial to take into account the cultural, administrative, and economic differences. These factors play a significant role in shaping the business environment and can greatly impact the success or failure of the investment.
Cultural differences: The UK has a rich and diverse cultural heritage, which influences the way business is conducted. Understanding the cultural norms, values, and traditions of the UK can help investors navigate social interactions, establish strong relationships, and build trust with local partners and customers. Cultural factors such as language, etiquette, communication styles, and business practices should be carefully considered to ensure effective collaboration and avoid misunderstandings.
Administrative differences: The administrative framework in the UK is well-established and follows a legal and regulatory system that governs business operations. Investors need to familiarize themselves with the legal requirements, licensing procedures, tax regulations, and labor laws specific to the UK. Complying with these administrative obligations is essential for smooth business operations and avoiding potential penalties or legal issues.
Economic differences: The UK boasts a strong and globally interconnected economy. Factors such as market trends, consumer behavior, competition, and industry dynamics should be thoroughly analyzed to assess the feasibility and potential profitability of the investment. Additionally, understanding the country's economic indicators, such as GDP growth, inflation rates, and exchange rates, can help investors make informed decisions and adapt their strategies accordingly.
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You invest $500 in a fund that has shown to have a mean annual increase of $120 per year. If you leave your initial
investment in the account, and invest no additional funds, how much will your account be worth at the end of 25 years?
a) $1,200
b) $2,500
c) $3,500
d) $3,800
The investment of $500 in a fund, the account at the end of 25 years would be $3,500. The appropriate response is option C.
What is investment?A purchase made with the intention of creating income or capital growth is known as an investment. An asset's value increasing over time is referred to as appreciation. When a person makes an investment, they do not intend to utilize the product immediately; instead, they intend to use it to build wealth in the future.
Stocks, bonds, and cash equivalents are the three main categories into which investments are often divided. Within each category, there are several distinct kinds of investments.
The investment of $500 in a fund, the account at the end of 25 years-
120x25=3000+500=3,500
Hence, option C is an appropriate response.
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To buy a product, customers in a market must first
To buy a product, customers must first have the need for the product.
Customers cannot just simply buy anything or everything when it comes to products. People love shopping but money is a very useful and powerful resource and customers understand it well, so they don't want to spend it on useless things.
Firstly, there should be a need or a desire to buy a particular product. After that the customer decides his or her budget or the money he would like to spend on that product. If it crosses his or her budget, then the customer may not able to buy the product.
Lastly, there should be willingness to buy the product. Nowadays, we get impressed by big brands, malls and stores giving us immense discounts for even our daily needs. That is how knowingly or unknowingly, we tend to shop more.
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A long term goal taking _____ years to achieve can be broken down into shorter term goals, each taking _______ years to achieve
A. 16;32
B. 16;8
C. 8;32
D. 8;16
Answer:
B. 16;8
Explanation:
A short-term goal is something you want to do in the near future. The near future can mean today, this week, this month, or even this year. A short-term goal is something you want to accomplish soon.A long-term goal is something you want to do further in the future. Long-term goals require time and planning. They are not something you can do this week or even this year. Long-term goals usually take 12 months or more to achieve.Lisi Crichton operates a variety store. Her brother does custom welding and made some racks to hold videos. Lisi gave her brother $5,000 cash and did not get a bill. A similar rack was on display at a department store for $1,000. You are told to book an expense on the company financial statement for $5000. What will you book the amount for?
Answer:
$1,000
Explanation:
Fixed assets must be recorded at historic cost or purchase value. Their valuation is not affected by changes in market values, e.g. land might appreciate over time, but its historic cost will be used for accounting purposes.
In this case, Lisi doesn't have a bill to show the price of the rack, and since she paid in cash, she has no way of proving what she actually paid for it. In this case, in order to record the purchase of the rack you must use the fair market value of similar racks.
Imagine if someone could just say that they purchased things at X price but didn't get a bill, soon people would be recording buying pencils at $500 each because they are gorgeous and perfectly crafted.
a cashier ask for your help as a customer/member wants to make return one day beyond the return window
Answer
The answer is below
Explanation :
Most likely: Listen to the customer's reason for the return, and if the product has an expiry date, the answer is no returns, otherwise, I will accept the returns.
Least likely: I would say it is not feasible to do it without listening to the customer, most especially if the customer is rarely seen. This is to avoid unnecessary image damage to the firm, that could arise from the situation.
E
mom???????????????????????
mom ??????????????????????
Answer:
Go back to bed sweetie, here some fruit snacks now go to sleep.There are no monsters under your bed honey.
Explanation:
Have a great day.
Why is it important for people to maintain a good credit history?
A. So that it's easier to list the expenses on their personal budget
B. So that the IRS won't investigate them for tax fraud
C. So that they know all of the fees associated with their credit cards
D. So that they have an easier time getting loans and credit cards
Answer:
D. So that they have an easier time getting loans and credit cards
Explanation:
A credit score is a three-digit numerical that communicates reliability in debt repayments. Credit scores range between 300 to 850. Lenders seek to find the credit score for a borrower before advancing credit facilities to them. A higher credit score indicates a borrower is less likely to default on a loan.
Maintaining a high credit score enables one to obtain credit with relatively easy and at lower interest rates. Lenders feel comfortable extending credit to a customer with a high credit score. They consider them a low-risk borrower.
Emily wants to search online for entrepreneurship opportunities in the field of business development. However, she wants to skip the topic of branding. Which option will help her find the most appropriate result?
A.
“entrepreneurship + business + development + branding”
B.
“entrepreneurship – branding”
C.
“entrepreneurship + business + development - branding”
D.
“entrepreneurship + business”
Answer:
C.
“entrepreneurship + business + development - branding”
Explanation:
Researchers usually put a hyphen before a word as a technique to exclude it from online search results. This method allows for narrowing down results to the desired pages only. When searching for keywords that are frequently used together, putting a hyphen helps exclude unwanted results.
Whats better: Mustang or Dodge
Answer:
Mustang
Explanation:
Answer:
I think Mustang
Explanation:
It's just my choice because I think it's the best and maybe I don't know if dodge is the foreign one lol?
Brendon had total job benefits of $39,500 last year. He was required to wear a shirt with the company logo on it for work that he was responsible for buying. Brendon purchased 12 shirts for work during the year at a cost of $23. 95 each. He was also required to attend a training at a cost to him of $135. What was Brendon’s total employment compensation last year? a. $39,077. 60 b. $39,212. 60 c. $39,341. 05 d. $39,922. 40.
The correct statement is that the total employment compensation for Brandon for the year including the salary and other training expenses would be $39,922.40. So, the correct option is D.
The total employment compensation can be calculated by addition of total expenses made by Brendon during the year to his annual payment.
Calculation of Employment CompensationThe cost of shirts purchased during the year will be calculated as $287.4, and it is also known that Brendon attended a training session costing about $135. Calculation of these costs will be, \(287.4+135=\$422.4\)So the total employee's compensation will be, \(\rm Employment\ Compensation= Salaries+ Other\ Costs\\\\\rm Employment\ Compensation= 39500+422.4\\\\\rm Employment\ Compensation= \$39922.40\)Hence, the correct option is D that the total employment compensation to be made to Brendon during the year will be $39,922.40.
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Why would the stock exchange insitst that all listed compaines abide by a strict code of rules and procedures
In order to maintain the integrity of the stock market and protect investors, stock exchanges typically require all listed companies to abide by a strict code of rules and procedures.
The stock exchange is a marketplace where publicly traded companies can raise capital by selling shares of their stock to investors. One key reason for this is to ensure transparency and accountability.
Companies that are listed on a stock exchange are required to disclose certain financial information and adhere to strict accounting standards, which helps to provide investors with a clear picture of the company's financial health and performance.
Another reason for these rules and procedures is to prevent insider trading and other forms of market manipulation. By requiring all listed companies to follow the same set of rules and procedures, the stock exchange can help to ensure a level playing field for all investors.
Finally, these rules and procedures help to maintain investor confidence in the stock market. By ensuring that all listed companies are held to the same high standards, the stock exchange can help to prevent fraudulent activity and other forms of misconduct that could undermine investor confidence and lead to a loss of trust in the market.
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Why would you write a complaint to a company?
Answer:
To discuss with a company about a problem you may be having with their service or product.
Explanation:
On October 29, 2014, Lobo Co. Began operations by purchasing razors for resale. Lobo uses the perpetual inventory method. The razors have a 90-day warranty that requires the company to replace any nonworking razor. When a razor is returned, the company discards it and mails a new one from Merchandise Inventory to the customer. The company's cost per new razor is $15 and its retail selling price is $60 in both 2014 and 2015. The manufacturer has advised the company to expect warranty costs to equal 6% of dollar sales. The following transactions and events occurred. 2014 Nov. 11 Sold 70 razors for $4,200 cash. 30 Recognized warranty expense related to November sales with an adjusting entry. Dec. 9 Replaced 14 razors that were returned under the warranty. 16 Sold 210 razors for $12,600 cash. 29 Replaced 28 razors that were returned under the warranty. 31 Recognized warranty expense related to December sales with an adjusting entry. 2015 Jan. 5 Sold 140 razors for $8,400 cash. 17 Replaced 33 razors that were returned under the warranty. 31 Recognized warranty expense related to January sales with an adjusting entry. 1. 1 Prepare journal entries to record these transactions and adjustments for 2014. 1. 2 Prepare journal entries to record these transactions and adjustments for 2015
1. In 2014, Lobo Co. recorded the sale of 70 razors for $4,200 cash and recognized warranty expense for November sales with an adjusting entry. The estimated warranty liability was calculated as 6% of the sales revenue for each period.
1.2 In 2015, Lobo Co. recorded the sale of 140 razors for $8,400 cash and replaced 33 razors under warranty. They recognized warranty expense for January sales with an adjusting entry.
1.1 Journal entries to record transactions and adjustments for 2014:
Nov. 11:
Cash 4,200
Sales Revenue 4,200
(To record the sale of 70 razors for $4,200 cash)
Nov. 30:
Warranty Expense 252
Estimated Warranty Liability 252
(To recognize warranty expense for November sales, calculated as 6% of $4,200)
Dec. 9:
Estimated Warranty Liability 210
Merchandise Inventory 210
(To remove 14 razors from inventory and record replacement under warranty)
Dec. 16:
Cash 12,600
Sales Revenue 12,600
(To record the sale of 210 razors for $12,600 cash)
Dec. 31:
Warranty Expense 756
Estimated Warranty Liability 756
(To recognize warranty expense for December sales, calculated as 6% of $12,600)
1.2 Journal entries to record transactions and adjustments for 2015:
Jan. 5:
Cash 8,400
Sales Revenue 8,400
(To record the sale of 140 razors for $8,400 cash)
jan. 17:
Estimated Warranty Liability 990
Merchandise Inventory 990
(To remove 33 razors from inventory and record replacement under warranty)
Jan. 31:
Warranty Expense 504
Estimated Warranty Liability 504
(To recognize warranty expense for January sales, calculated as 6% of $8,400)
In 2014, Lobo Co. recorded the sale of 70 razors for $4,200 cash and recognized warranty expense for November sales with an adjusting entry. They also replaced 14 razors under warranty and recorded the sale of 210 razors for $12,600 cash.
In 2015, Lobo Co. recorded the sale of 140 razors for $8,400 cash and replaced 33 razors under warranty. They recognized warranty expense for January sales with an adjusting entry.
These transactions were recorded using journal entries to reflect the impact on cash, sales revenue, warranty expense, estimated warranty liability, and merchandise inventory. The estimated warranty liability was calculated as 6% of the sales revenue for each period.
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Suppose that sales for a shirt are 900 units per month. It costs $60 to generate an order. The item to be ordered has a unit cost of $14 and the inventory holding ratio is 8%. Find the answers to the following questions.
1) Calculate the optimal lot size to purchase.
2) How frequently should an order be placed throughout the year?
3) Calculate the annual order cost
4) Calculate the annual carrying cost
5) Find the total cost
The optimal lot size to purchase is approximately 311 units.
An order should be placed approximately 35 times throughout the year.
The annual order cost is approximately $174.
The annual carrying cost is approximately $173.24.
The total cost is approximately $347.24.
To calculate the answers to the questions, we'll use the Economic Order Quantity (EOQ) model. Here's how to find the requested values:
Given:
Sales per month (demand) = 900 units
Order cost (OC) = $60
Unit cost (UC) = $14
Inventory holding ratio (IHR) = 8%
Calculate the optimal lot size to purchase (EOQ):
EOQ = √((2 * demand * order cost) / (unit cost * inventory holding ratio))
EOQ = √((2 * 900 * $60) / ($14 * 0.08))
EOQ ≈ √(1080000 / 11.2)
EOQ ≈ √96428.57
EOQ ≈ 310.6 (rounded to the nearest whole number)
Calculate the order frequency throughout the year:
Order frequency = (12 months per year) / (EOQ / demand)
Order frequency = 12 / (310.6 / 900)
Order frequency ≈ 12 / 0.3451
Order frequency ≈ 34.79 (rounded to the nearest whole number)
Calculate the annual order cost:
Annual order cost = (demand / EOQ) * order cost
Annual order cost = (900 / 310.6) * $60
Annual order cost ≈ 2.9 * $60
Annual order cost ≈ $174
Calculate the annual carrying cost:
Annual carrying cost = (EOQ / 2) * unit cost * inventory holding ratio
Annual carrying cost = (310.6 / 2) * $14 * 0.08
Annual carrying cost ≈ 155.3 * $14 * 0.08
Annual carrying cost ≈ $173.24
Calculate the total cost:
Total cost = annual order cost + annual carrying cost
Total cost = $174 + $173.24
Total cost ≈ $347.24
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Insurance Plan Summary
Deductible
$5,000.00
Wellness Exams
No-deductible
100% covered
What is the monthly
payment an employee
with a family plan on
this health plan is
required to pay, even
if they do not visit a
doctor or hospital?
Premium (monthly)
Individual
$45.00
Individual+Spouse
$400.00
A. $5,000.00
B. $45.00
C. $400.00
D. $0
Review of ratings & the 80/20 Rule
Rate Review and the 80/20 rule are two tools provided by the health care law to hold insurance companies accountable and assist in limiting costs.
Review of Rate
You are better protected from arbitrary rate increases thanks to Rate Review. Any rate increase of 15% or more must now be disclosed publicly by insurance firms before your premium is increased. Plans that are grandfathered in are exempt from this.
To view the planned and actual rate increases for your insurance plan, look it up online.
80/20 Rule
According to the 80/20 Rule, insurance firms must spend at least 80% of the premium revenue they receive on healthcare expenses and quality-improvement initiatives. Costs for administration, overhead, and marketing can be covered by the remaining 20%.
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Which allowable deduction can be claimed in arriving at an individual’s adjusted gross income?
The allowable deductions that can be claimed in arriving at an individual’s adjusted gross income are standard deduction and itemized deductions. Standard deduction is the amount the Internal Revenue Service allows taxpayers to deduct from their taxable income based on their filing status.
Itemized deductions are deductions that can be claimed based on specific expenses, such as medical expenses, state and local taxes, mortgage interest, and charitable donations.
In most cases, taxpayers choose between the standard deduction and itemized deductions to reduce their taxable income.
The adjusted gross income (AGI) is the amount of an individual's gross income that is used to determine how much they owe in taxes. Deductions are subtracted from gross income to calculate AGI. The deductions are usually allowed by the IRS to encourage individuals to invest in specific expenses or take advantage of certain tax benefits.
Standard deduction is a fixed amount that can be deducted from an individual's AGI based on their filing status. The IRS establishes standard deduction each year. Standard deduction is taken by most taxpayers because it is usually easier and less time-consuming than itemizing deductions.
The standard deduction for 2020 tax returns is $12,400 for single taxpayers and $24,800 for married couples filing jointly. Itemized deductions are specific expenses that can be claimed by a taxpayer to lower their AGI. Some of the itemized deductions include mortgage interest, state and local taxes, charitable contributions, medical expenses, and casualty losses. Itemized deductions are usually for taxpayers who have a lot of expenses to claim that are not covered by the standard deduction. However, the taxpayer must have records or receipts of their expenses to claim itemized deductions.
The allowable deductions that can be claimed in arriving at an individual’s adjusted gross income are standard deduction and itemized deductions. Standard deduction is a fixed amount that can be deducted from an individual's AGI based on their filing status while itemized deductions are specific expenses that can be claimed by a taxpayer to lower their AGI.
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I think the most crucial consideration is planning, not stretching its budget more than it can afford. This is crucial because once the government starts a project, it is determined to finish it, most of the time, even if it means going over the budget. If the budget is underestimated, it will lead to a reduction in budgets from other sectors. This will have a domino effect on other industries and, ultimately, the economy. In addition, it could lead to inflation if the government is not cautious and proceeds to print excess amounts of currency to fulfill its goal.
The most crucial consideration in government projects is proper planning and not stretching the budget beyond its means. It is important because once a project is started, the government is usually determined to finish it, even if it means exceeding the budget.
Underestimating the budget can have serious consequences.
Firstly, it can lead to a reduction in budgets from other sectors. When funds are diverted to cover the shortfall in one project, it can affect the allocation for other important sectors such as education, healthcare, or infrastructure development. This can have a negative impact on the overall well-being and progress of the country.
Secondly, underestimating the budget can cause a domino effect on other industries. If the government is unable to pay contractors or suppliers due to budget constraints, it can lead to delays or even cancellations of projects. This can affect the livelihoods of workers and the businesses relying on these projects, leading to a decline in economic activity and growth.
Moreover, underestimating the budget can result in inflation if the government decides to print excess amounts of currency to fulfill its goals. This can increase the money supply in the economy without a corresponding increase in goods and services, leading to higher prices and a decrease in the purchasing power of the currency. Inflation can further disrupt economic stability and negatively affect businesses and consumers.
To avoid these issues, proper planning is essential. This includes conducting thorough feasibility studies, accurately estimating costs, and considering potential risks and contingencies. By taking these steps, the government can ensure that projects are carried out within budgetary limits and have a positive impact on the economy without causing undue strain on other sectors or risking inflation.
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chegg tuscaloosa’s most wanted (tmw) is a car dealership that specializes in the sales of sport utility vehicles and sports cars. due to its reputation for quality and service, tmw has a strong position in the regional market, but demand is somewhat sensitive to price. after examining the new models, tmw’s marketing strategy consultants have come up with the following demand curves: suv demand = 750 – 0.015 (suv price) + 0.002 (sports car price) sports car demand = 850 – 0.034 (sports car price) + 0.015 (suv price) the dealerships unit costs are $37,000 for suvs and $44,000 for sports cars. each suv requires 3 hours of prep labor and each sports car 2 hours of prep labor. the current staff can supply 360 hours of labor. part a: (20 pts) determine the profit-maximizing prices for suvs and sports cars. part b: (10 pts) what demand levels will result from the prices in part (a)? part c: (10pts) what is the marginal value of dealer labor? (e.g., if the available labor were to increase by 1 hour, what would be the benefit?)
A. Main Answer:
To determine the profit-maximizing prices for SUVs and sports cars at TMW dealership, we need to find the prices that will yield the highest profit. This can be achieved by maximizing the profit function, which is the difference between revenue and cost.
Additionally, we need to consider the available labor hours and the demand curves for both vehicle types.
B. Explanation:
A. To find the profit-maximizing prices, we need to calculate the revenue and cost for both SUVs and sports cars. The revenue for SUVs is determined by the demand curve for SUVs, which is given as: SUV demand = 750 - 0.015(SUV price) + 0.002(sports car price).
Similarly, the revenue for sports cars is determined by the demand curve for sports cars, which is given as: Sports car demand = 850 - 0.034(sports car price) + 0.015(SUV price).
B. To calculate the cost, we need to consider the unit cost and the quantity of vehicles sold. The unit cost for SUVs is $37,000, while the unit cost for sports cars is $44,000. Each SUV requires 3 hours of prep labor, and each sports car requires 2 hours of prep labor. The dealership has a total of 360 hours of labor available.
By maximizing the profit function, which is Profit = Revenue - Cost, we can determine the optimal prices for SUVs and sports cars that will maximize the dealership's profit. This can be achieved using optimization techniques such as differentiation or linear programming.
B. To find the corresponding demand levels for SUVs and sports cars, we substitute the profit-maximizing prices back into the respective demand curves. This will give us the quantities of vehicles that customers are willing to purchase at those prices.
C. The marginal value of dealer labor can be calculated by determining the additional benefit that the dealership would gain from an additional hour of labor.
This can be calculated by finding the derivative of the profit function with respect to labor and evaluating it at the current level of labor. The resulting value will indicate the benefit or contribution of an additional hour of dealer labor to the dealership's profit.
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Which of the following is true of an unsecured loan?
A. They are exclusively for cars, houses, and other large purchases
B. Collateral could be collected by the lender if the debt is not paid
C. They never have any interest added onto them
D. Items of value that the borrowers owns are not at risk of repossession
Answer:
B
Explanation:
The statement "The value of an item where the borrowers owned but they are not at the repossession risk" is to be true.
The unsecured loan is the type of loan in which there is no need for any type of collateral property.
The lender does not takes the assets of the borrower as the security but it gives the approval of an unsecured loan depends upon the creditworthiness of the borrower.
Examples are:
Personal loans.Students loans.Credit cards.The following information related to unsecured loans is
It does not for cars, houses, or any other large purchasesIn this, the collateral does not involve.It contains high interest.Therefore we can conclude that, option d is correct.
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While parked on the street overnight, the driver's side mirror of Sam's car is knocked off by a passing car. The driver flees the scene because they don't have insurance, so Sam never finds out who hit his car. Which type of auto insurance coverage will help cover the cost to get the mirror replaced
The portion of a bill that you pay for a good or service that is covered. In contrast to copays, which are fixed amounts, coinsurance represents a proportion of the service's cost. The coinsurance is the amount you're responsible for paying after your deductible is reached if your health plan offers one.
Your vehicle, driving style, demographics, and the coverages, limitations, and deductibles you select are a few variables that could have an impact on your auto insurance prices. These elements could consist of things like your age, the anti-theft equipment in your vehicle, and your driving history. the monthly premium you pay for health insurance.
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Entrepreneurs who are able to spot more opportunities than others tend to have a higher degree of ______.
When an entrepreneur is able to spot opportunities more than others, they are said to have vision.
Characteristics of person with Vision.They can see opportunities where people can't. They can figure out a bigger picture to seemingly easy mundane things.When an entrepreneur can see more opportunities than others, it means that they have the vision to see that those opportunities are indeed opportunities.
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