A manufacturer produces 400 units when the market price of $10 per unit and produces 600 units when the market price is $12 per unit. Using the midpoint method, for this range of prices, the price elasticity of supply is about Group of answer choices 0.45. 2.0. 2.2. 200.

Answers

Answer 1

A manufacturer produces 400 units when the market price of $10 per unit and produces 600 units when elasticity of supply the market price is $12 per unit. There is no long-term competitive equilibrium in this sector. The correct answer is b. 2.0.

This is because businesses need to produce at a certain level of ATC in order to maintain long-term competitive balance. A company's ATC will be higher if it produces his 1,200 than if it produces his 1,000. Because of this, it is not produced using the lowest level of ATC.

400 units were produced at the price (P1) of $10 per unit.

When the price (P2) is $12, 600 units were made (Q2).

Determine how changes in a commodity's price affect the quantity supplied by using the price elasticity of supply.

The midpoint approach to estimating supply-side price elasticity

(Q2-Q1) (Q2+Q1)/2) (P2-P1)-(P2+P1))2)) = [(600-400/(600+400)/2)] is a formula for calculating the percentage change in quantity provided and price. =200/500 = 0.4.

Price change as a percentage equals [(12-10/(12+10)/2]] = 2/11 = 2.0.

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Related Questions

1. Which of the following is a benefit of channels of distribution:
a. We can more easily obtain products from all over the world.
b. Producers must spend more money.
c. Retailers must spend more money.
d. We spend more time looking for products we want.

Answers

The advantage of distribution channels is that they make it simpler for us to buy goods from around the globe. Option A is correct.

What is the channel distribution?

Distribution channels are the routes that goods and services follow from the producer or supplier of the service to the final customer. Channels of distribution are crucial to organizations because they enable efficient delivery of products or services to clients.

Unhappy consumers and subpar service delivery may result from a company's failure to choose the optimal group of enterprises for this purpose. Distribution channels have the benefit of making it easier for us to purchase items from around the world.  

Therefore, option A is  correct.

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Which condition is a result of open competition in a free market system?
A. Poor customer service
B. Government regulation
C. Higher prices
D. Higher quality goods

Answers

A result of open competition in a free market system is higher quality goods (option D).

What is the result of open competition?

Competition is when there are many producers operating in a particular industry. Competition is high in purely competitive markets and low in a monopoly. This is because in a pure competition, there are many producers while there is only one producer in a monopoly.

Due to the high level of competition in an industry, prices would be more likely to be low. This is because producers would want to attract more consumers by fairly pricing their goods. Also, producers would want to offer good customer service in order to retain consumers as there are many competing producers in the market. High quality goods are also a way to attract an retain customers.

A free market system is a market system where prices are set by the forces of demand and supply. There is no government regulation in this type of market.

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True or false. Your employer is responsible to make contributions, on your behalf, to the federal insurance contributions

Answers

Answer:

yes it is true

I HOPE THIS HELPS

TAKE CARE

Explanation:

Insurance can help with ???

Insurance can help with ???

Answers

Answer:

B. In an emergency

Explanation:

Insurance is purchased to protect things that you own

b because i said b is right

the free cash flow statement helps to quickly calculate which of the following

A profitability
b revenue
c cash
d operating expenses

Answers

The correct alternative is letter A. profitability. The free cash flow statement helps you quickly calculate profitability.

What is the cash flow statement?

Corresponds to an accounting report that allows a more comprehensive understanding of the real financial situation of the business, through the analysis of cash movements that occurred in a period, that is, the cash flow statement must contain cash inflows and outflows, to analyze the real profitability of the period.

Therefore, the cash flow statement helps a company to know and better understand its financial health after paying its expenses, that is, profitability.

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What is the purpose of a headline?
O introduce the text
O indicate the page or section break
o reduce the need for graphics
o divide the document

Answers

To introduce the text

lending designed specifically for borrowers with low credit scores is called

Answers

Lending designed specifically for borrowers with low credit scores is called subprime lending.

Subprime lending is a type of lending offered to individuals who have low credit scores, usually below 620, and are considered high-risk borrowers. These loans typically have higher interest rates and less favorable terms to compensate for the increased risk taken by the lender.

Subprime lending can include various types of loans, such as mortgages, auto loans, and personal loans. While it provides an opportunity for individuals with poor credit to obtain financing, it also carries a higher likelihood of default, which may lead to negative consequences for both the borrower and the lender.

Borrowers should carefully consider the terms and risks associated with subprime lending before accepting a loan offer.

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the price elasticity of demand depends on

Answers

Answer:

...price levels, the type of product or service, income levels, and the availability of any potential substitutes.

explain ahima's data quality management model, including the domains it covers and the data characteristics. provide examples that illustrate your understanding of data characteristics.

Answers

AHIMA's Data Quality Management Model encompasses six domains and focuses on ensuring high-quality data in healthcare.

What are the domains and purpose of AHIMA's Data Quality Management Model?

AHIMA, the American Health Information Management Association, developed the Data Quality Management Model (DQMM) to guide healthcare organizations in maintaining and improving the quality of their data.

The DQMM consists of six interrelated domains, each addressing specific aspects of data quality.

These domains are:

1. Data Governance: This domain establishes accountability for data quality and ensures that data is managed effectively across the organization.

It involves defining roles, responsibilities, and policies related to data management.

2. Data Architecture: This domain focuses on the design and structure of data systems and databases.

It includes considerations such as data modeling, data integration, and data storage to ensure data is organized and accessible.

3. Data Stewardship: This domain involves the identification and assignment of data stewards who are responsible for maintaining and managing the quality of specific data elements.

Data stewards monitor data integrity, accuracy, and consistency.

4. Data Analysis and Content: This domain addresses the evaluation and validation of data for completeness, accuracy, and relevance.

It includes data profiling, data cleansing, and data quality assessments to ensure data meets predefined standards.

5. Data Lifecycle Management: This domain covers the full lifecycle of data, from creation or acquisition to archiving or disposal.

It includes processes and procedures for data entry, validation, storage, retrieval, and retention.

6. Data Privacy and Security: This domain focuses on protecting data from unauthorized access, ensuring compliance with privacy regulations, and safeguarding against data breaches.

It involves implementing security measures, training staff on data privacy, and establishing policies for data protection.

To illustrate data characteristics, let's consider an example related to the domain of Data Analysis and Content. In a healthcare organization, a data characteristic could be the completeness of patient records.

Complete data would include all relevant information, such as demographics, medical history, test results, and treatment details.

However, incomplete data may lack certain elements, which can lead to gaps in patient information and impact the quality of care provided.

By analyzing data for completeness, healthcare organizations can identify and address missing or incomplete data, ensuring comprehensive and accurate patient records.

Another example of a data characteristic is accuracy. In healthcare, accurate data is crucial for making informed clinical decisions.

For instance, in medication administration, accurate data about a patient's allergies or drug interactions is essential to avoid adverse reactions.

Data accuracy involves ensuring that information is entered correctly, validated against reliable sources, and regularly updated to reflect any changes in a patient's condition or treatment.

In summary, AHIMA's Data Quality Management Model encompasses six domains, including data governance, data architecture, data stewardship, data analysis and content, data lifecycle management, and data privacy and security.

Each domain focuses on different aspects of data quality to ensure high-quality and reliable data in healthcare.

Data characteristics such as completeness and accuracy play a vital role in maintaining data quality and supporting effective decision-making in healthcare organizations.

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The most mimi can afford to pay per year in mortgage payments is $12,500, and her credit score is currently 531. According to the following table for a $150,000 mortgage, by how many points would she need to improve her credit score in order to take a mortgage for $150,000?.

Answers

She has to raise her credit score by 89 points in order to qualify for a $150,000 mortgage.

Why do you use the term "credit score"?

Based on information from your credit reports, a credit score predicts your credit behaviour, such as how likely you are to repay a loan on time.

This is determined by the total amount you owe, the variety and quantity of accounts you have, and the ratio of your debt to your available credit. Smaller amounts may boost your credit score if you make on-time payments, but larger balances and maxed-out credit cards will lower it.

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Answer:

89 Points

Explanation:

I just answered it correctly

Describe how a formal report is different from an informal report?

Answers

Answer:

Though the report may be several sections long, it is typically much shorter than a formal report. No contents page is included. Informal reports can even be formatted like a memo.

Explanation:

Answer: Informal reports are usually short, one to three pages, with no need for prefatory parts,are informational, include no or limited research,luse a direct approach an personal language. The formal report, however, is worded more objectively, focusing on the problem and the solution.

Explanation:

_____________ are basic for group workers who hope to practice ethically and responsibly.
a. Techniques and theory
b. Status and privilege
c. Social justice and advocacy competencies
d. Influence and outcome

Answers

Social justice and advocacy competencies are basic for group workers who hope to practice ethically and responsibly. The correct option is c.

These competencies encompass a wide range of knowledge, skills, and attitudes that enable group workers to effectively address issues of injustice, inequality, and discrimination in various group settings. By developing social justice and advocacy competencies, group workers can empower marginalized individuals, promote inclusivity, and work towards creating equitable and just environments.

Understanding the importance of social justice and advocacy in group work can lead to better outcomes for all participants, ultimately fostering a more inclusive, diverse, and harmonious society. The correct option is c.

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Complete question:

_____________ are basic for group workers who hope to practice ethically and responsibly.

a. Techniques and theory

b. Status and privilege

c. Social justice and advocacy competencies

d. Influence and outcome

value creation through place decisions for a consumer product involves

Answers

Value creation through place decisions for a consumer product involves placing the product in a location that would enhance the product's marketability. This means that the marketer would strategically select the distribution channel through which the product would be sold in order to maximize its visibility and accessibility to potential customers. Furthermore, the marketer would also ensure that the distribution channel selected is cost-effective, efficient, and can reach the target audience.The marketer would conduct extensive research on potential distribution channels such as retail stores, online platforms, or direct mail, and select the most suitable one. This could involve creating a website or social media page for the product in question to enhance its visibility. The marketer would also ensure that the product is available at locations that are easily accessible to the target audience to improve the likelihood of purchase.Placing the product in a location that is not easily accessible would reduce its marketability and could result in losses for the business. Therefore, effective place decisions require extensive research, market analysis, and strategic planning to enhance the product's value creation. The placement strategy selected should align with the company's overall marketing strategy and contribute to the achievement of the company's objectives.

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Calculate the FV for the following 3 scenarios. Investment scenario #1:
You invest $1,000 (PV) for 10 years (n) at an interest rate of 5% (r). What is the amount you would receive at
the end of 10 years (FV)?
Investment scenario #2:
You invest $5,000 (PV) for 20 years (n) at an interest rate of 8% (r). What is the amount you would receive at
the end of 20 years (FV)?
Investment scenario #3:
You invest $10,000 (PV) for 30 years (n) at an interest rate of 12% (r). What is the amount you would receive
at the end of 30 years (FV)?
PLEASE ANSWER WITH WORK SHOWN :)

Answers

Answer:

?

Explanation:

Answer:

$2191.12

Explanation:

We are asked to find the value of a bond after 10 years, if you invest $1000 in a savings bond that pays 4% interest, compounded semi-annually.

FV=C_0\times (1+r)^n, where,

C_0=\text{Initial amount},

r = Rate of return in decimal form.

n = Number of periods.

Since interest is compounded semi-annually, so 'n' will be 2 times 10 that is 20.

4\%=\frac{4}{100}=0.04

FV=\$1,000\times (1+0.04)^{20}

FV=\$1,000\times (1.04)^{20}

FV=\$1,000\times 2.1911231430334194

FV=\$2191.1231430334194

FV\approx \$2191.12

Therefore, the bond would be $2191.12 worth in 10 years.

After establishing values statement, what is the next step in planning?.

Answers

The next step in planning after establishing values statement is : How to accomplish the established goals.

What is planning process?

Planning process refers to a management process concerned with defining goals for a company's future direction and determining the resources required to achieve those goals. The planning process is the step a company takes to develop budgets to guide its future activities.

The management of any organization can be classified based on roles and responsibility as stated in the organization's charter. The next step is deciding how to accomplish the established goals.

Therefore, the next step in planning after establishing values statement is : How to accomplish the established goals.

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Suppose Congress changed the tax laws so that Berndt's depreciation expenses doubled. No changes in operations occurred. What would happen to reported profit and to net cash flow

Answers

Suppose Congress changed the tax laws so that Berndt's depreciation expenses doubled. No changes in operations occurred. What would happen to reported profit and to net cash flow taxable income would fall to zero, taxes would be zero, and net cash flow would rise.

An asset loses value over time as a result of use, damage, or obsolescence. Depreciation is the measurement for this decline. Description: A loss in an asset's value, or depreciation, can also be brought on by other reasons like bad market conditions, etc.

The base of an income tax system is referred to as taxable income. In other words, the amount of revenue that was subject to taxation. In general, it comprises all or a portion of the items of income and is lessened by costs and other deductions.

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Dylan invested $7,200 in an account paying an interest rate of 2. 3% compounded quarterly. Assuming no deposits or withdrawals are made, how much money, to the nearest dollar, would be in the account after 12 years?.

Answers

The future value of the investment after 12 years will be $9,481.

What is future value?

The future value of an investment is its value at a future date.  It is obtained by multiplying the present value of an asset by its growth rate raised to the number of periods for the investment.

We can compute the future value of an asset with this model:

FV = PV(1+r)^n

where:

FV = future value

PV = present value

r = annual interest rate

n = number of periods interest held

We can also compute the future value by inputting the variables on an online financial calculator as follows:

Data and Calculations:

Investment amount = $7,200

Compound interest rate = 2.3% quarterly

Period of investment = 12 years

N (# of periods) = 48 (12 x 4)

I/Y (Interest per year) = 2.3%

PV (Present Value) = $7,200

PMT (Periodic Payment) = $0

Results:

FV = $9,481.01

Total Interest $2,281.01

Thus, the future value of the investment after 12 years will be $9,481.

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What kind of tax system does the United States use?

A.
flat tax system
B.
progressive tax system
C.
proportional tax system
D.
regressive tax system

Answers

Answer:

the answer is B progressive tax system :)

What are the annual reporting requirements of the company under the Financial Reporting Act 2013 (FRA 2013) and/ or the Financial Markets Conduct Act 2013 (FMCA 2013) and Companies Act 1993 (CA 1993)? Advise Daniel in this regard. Justify your answer using relevant criteria in relevant legislation.

Answers

Under the Financial Reporting Act 2013 (FRA 2013), the Financial Markets Conduct Act 2013 (FMCA 2013), and the Companies Act 1993 (CA 1993), companies in New Zealand are given stipulated reporting requirements.

What are the Requirements in these Acts?

Under the Financial Reporting Act 2013 (FRA 2013), the Financial Markets Conduct Act 2013 (FMCA 2013), and the Companies Act 1993 (CA 1993), the annual newsgathering requirements for guests in New Zealand can be summarized in this manner:

1. Financial Reporting Act 2013 (FRA 2013):

a. Companies that are required to arrange general-purpose financial affidavits must comply with the bookkeeping standards issued apiece External Reporting Board (XRB).

b. Large companies must develop annual financial statements that contain a balance sheet, profit statement, available funds statement, statement of changes bias, and notes to the commercial statements.

c. Medium-sized guests may gird reduced disclosure economic statements that meet the arbitrary criteria set by the XRB.

d. Small guests may brace special purpose financial affidavits if they meet specific height and accountability tests.

2. Financial Markets Conduct Act 2013 (FMCA 2013):

a. Issuers of regulated financial device, such as shares or bill securities, must prepare annual monetary statements that obey the accounting standards circulated by the XRB.

b. The annual economic statements must be audited by a licensed accountant, except in certain chances where exemptions are appropriate.

3. Companies Act 1993 (CA 1993):

a. All companies registered under the Companies Act 1993 must brace annual financial declarations that comply with the requirements of the XRB bookkeeping standards.

b. The annual monetary statements must include a financial statement including gains and losses for a period, profit and loss affidavit, and cash flow statement.

c. The commercial statements must be followed by the directors' report and the bookkeeper's report.

d. Large companies, that meet specific diameter criteria, are required to file their fiscal statements accompanying the Registrar of Companies within 20 working days subsequently the end of the 12 month accounting period.

e. Small companies may be exempted from ordering their financial assertions with the Registrar of Companies, but they must still prepare and maintain the financial reports for internal use and stockholder access.

Therefore, Daniel, as a company operating in New Zealand, needs to guarantee compliance accompanying the financial reporting necessities mentioned above. The distinguishing requirements will depend on the association's size, either it is an issuer of regulated financial production, and the applicable bookkeeping standards.

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Which word does not belong?
madre
tía
hermano
abuela

Answers

Answer:

hermano

Explanation:

hermano is masculine

CCCCCCCCCCCCCCCCC

CORRECT

Gabrielle does not want to work a nine-to-five job. Still, she has to work to support herself. She accepts a job as a restaurant server in the evenings and uses her days to pursue artistic projects. How do Gabrielle's economic decisions best relate to broad economic goals?

A) She increases her efficiency by focusing on one task.

B) She earns enough money to pay her bills.

C) She exercises freedom of economic choice.

D) She increases her security by engaging in multiple activities.

Answers

Answer: C. She exercises freedom of economic choice.

Explanation:

Freedom of choice is when economic agents such as individuals, the firm's and the government can allocate the resources as they want and are free to make a choice they want.

Freedom of choice represents allows individuals make their own decisions. In this scenario, Gabrielle's economic decisions best relate to broad economic goals by exercising the freedom of economic choice.

Answer:

C

Explanation:

She exercises freedom of economic choice.

What effect has the use of lifo inventory costing had on ge's pretax income and tax expense for 2009 only (assume a 35% income tax rate)? (round answers to the nearest whole number. )

Answers

The effect of using LIFO inventory costing on Ge's pretax income and tax expense in 2009 would be to increase pretax income using LIFO by the difference between the two formulas, and to increase tax expense using LIFO by the difference between the two tax rates.  

The use of LIFO inventory costing results in higher reported pretax income and lower reported tax expense for a company. This is because LIFO assumes that the most recently purchased inventory is sold first, while FIFO assumes that the oldest inventory is sold first.

Assuming a 35% income tax rate, the use of LIFO for Ge's pretax income and tax expense in 2009 would be as follows:

Pretax income using LIFO:

(Beginning inventory at end of 2008 x LIFO cost formula) - (Purchases during 2009 x LIFO cost formula) = Pretax income using LIFO

Pretax income using FIFO:

(Beginning inventory at end of 2008 x FIFO cost formula) - (Purchases during 2009 x FIFO cost formula) = Pretax income using FIFO

Tax expense using LIFO:

(Pretax income using LIFO x LIFO tax rate) = Tax expense using LIFO

Tax expense using FIFO:

(Pretax income using FIFO x FIFO tax rate) = Tax expense using FIFO

Therefore, the effect of using LIFO inventory costing on Ge's pretax income and tax expense in 2009 would be to increase pretax income using LIFO by the difference between the two formulas, and to increase tax expense using LIFO by the difference between the two tax rates.  

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how would Americans cover a $400 emergency? personal finance answers

Answers

Answer: Sixty-eight percent of all adults said they would have covered the expense exclusively using cash, savings or a credit card paid off at the next statement. One in 9 even reported they wouldn't be able to cover a $400 emergency expense whatsoever

Explanation:

Each tile shows an investors tax bracket

Answers

i’m confused on what your asking?

HELP I AM BEING TIMED!!!!!


Damell has an eye for detail and is good at drawing realistic pictures. His friend Riannon is very good with her
hands and at following directions to assemble materials. Considering Damell and Riannon's skills, how would they
best fit into careers in architecture and construction?
Damell is bemer fit for work in construction, while Riannon is better fit for work in architecture.
O Riannon is better fit for work in construction, while Damell is better fit for work in architecture.
Both Damell and Riannon would be more successful in architecture than in construction.
O Both Damell and Riannon would be more successful in construction than in architecture.

Answers

Answer: b

Explanation:

in these, the Damell and Riannon's skills, they best fit into careers in architecture and construction is Riannon's is better fit for work in construction, while Damell is better fit for work in architecture. The correct option is (B).

What do you mean by the architecture?

Architecture, as opposed to construction-related abilities, is the art and technique of designing and building.

Architecture is a discipline that satisfies both functional and expressive needs, and as a result, it serves both utilitarian and aesthetic goals.

These two ends can be identified from one another but they cannot be separated, and the proportional importance accorded to each can differ significantly.

In accordance with the requirements of its various organizations, society determines the types of architecture, not architects. Society establishes the objectives, and the architect is tasked with figuring out how to get there.

Therefore, in these the Damell and Riannon's skills, they best fit into careers in architecture and construction is Riannon's is better fit for work in construction, while Damell is better fit for work in architecture.

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under the texas constitution, the power to tax resides with

Answers

A authority to levy and collect taxes was granted to Congress by the Constitution.

A government's capacity to levy and collect taxes is known as its taxing authority. In addition to being able to levy and collect taxes, imposts, excise taxes, and tonnage fees, Congress also has the authority to borrow money against the government's assets to pay off debts, fund the nation's common defence, and promote overall prosperity. All other forms of governmental action are made feasible by taxes, or more specifically, the money they generate. The power of the purse—the authority to levy taxes and spend public funds—is granted to Congress, and especially the House of Representatives.

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PLEASE HELP ME!!!!! I need to know the best ways to make a small business known. I just started a small Scentsy® business with my mom. I don't do social media and my moms is mainly her private friends even though it is public.

Answers

Answer:

Buy ads and get social media

Explanation:

true or false: you can use the present value formula to check your work by reversing the future value formula.

Answers

Future value (FV) is the value of an asset now based on an anticipated rate of increase in the future.

The future value is important to investors and financial planners because they use it to estimate how much an investment made now will be worth in the future. Knowing the future worth enables investors to choose wisely based on their anticipated needs. But external economic factors that reduce an asset's value, like inflation, might diminish the asset's future value. Future value and current value might be contrasted. Using future value computation, investors may predict possible returns from different investments with varying degrees of accuracy. The future value equation is utilized to evaluate various scenarios.

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describe key inventions that furthered the industrial revolution

Answers

Answer: Some inventions include, The Cotton Gin, the Telegraph, the Spinning Jenny and the Steam Engine

Explanation:

The goal of a pitch Deck is to get investor’s attention true or false

Answers

Answer:

true

Explanation:

True. A pitch deck is a visual presentation that is used to provide potential investors with an overview of a company's business plan, financials, and growth potential. The goal of a pitch deck is to capture the investor's attention and interest, and to persuade them to invest in the company. A good pitch deck should be clear, concise, and persuasive, and should highlight the key points that investors need to know in order to make an informed decision about whether to invest in the company.

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