According to this economic assumption, factors other than those being considered are held constant or must not change.
a.
Principle of positive economics
b.
Principle of opportunity cost
c.
Principle of ‘ceteris paribus’
d.
Principle of Marginality
e.
Principle of Rationality
Answers
The economic assumption that factors other than those being considered are held constant or must not change is known as the principle of ceteris paribus.
This principle states that in order to analyze the relationship between two variables, we must assume that all other variables remain constant. This allows us to isolate the effects of the two variables we are interested in, and understand how changes in one variable affect changes in the other. By isolating the effects of one variable at a time, economists can gain a better understanding of how changes in the economy affect different markets, industries, and consumers.
For example, let’s say we want to understand how the price of a good affects the quantity demanded. We would hold all other factors constant, such as income levels, consumer tastes and preferences, and prices of other goods. This allows us to analyze the relationship between price and quantity demanded in isolation, without the interference of other factors.
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Related Questions
Vhich of these is an example of a conceptual skill?
O A. Managing a customer complaint
B. Operating office machinery
C. Understanding how promotion will support the company
D. Completing monthly invoices
Answers
Answer:
C
Explanation:
Understanding how promotion will support the company: is based on the mental thinking of the person and not based on what he/she was taught.
An example of a conceptual skill is Understanding how the promotion will support the company. Thus the correct option is C.
What are skills?Skills are referred to as unique qualities, traits, abilities, and talents an individual carries which differentiate them from others and help them to gain a competitive advantage over others to achieve the goals of life.
The ability to see an organization's whole image falls under the category of conceptual skills. For those who hold administrative positions and are responsible for making decisions for the organization, conceptual skills are especially crucial.
Understanding how the promotion will support the company is an example of conceptual skills giving an image in a broader sense which symbolizes the traits of conceptual skills that helps managers to make decisions.
Therefore, option C is appropriate.
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Which of the following is not an example of professional behavior
?
Answers
1: List three policy making groups of the Federal Reserve?
2: which banks are members of the fed?
3: the fed is owned by?
Answers
Answer:1- the board of governors, the federal reserve bank also know
as ( Reserve bank), And the federal open market committee
2- Approximately 38 percent of the 8,039 commercial banks in the United States are members of the Federal Reserve System.
3- The Federal Reserve System is not "owned" by anyone. The Federal Reserve was created in 1913 by the Federal Reserve Act to serve as the nation's central bank.
Explanation:
idk answer might Be wrong
The main reason that Starbucks was able to have the main share of coffeehouses in the world is just two decades is that they: used tangible resources to provide their product. capitalized on the economic climate at the most opportune time. were the only coffeehouse to offer premium coffee during extended hours. successfully applied their knowledge and skills to better serve customers.
Answers
Answer:
Were the only coffeehouse to offer premium coffee during extended hours.
Explanation:
Starbucks has a significant share in global markets, it has developed it in not so long time.
Reason behind it might be that - Its premium coffee beans & consequently coffee quality. This complimented with fair range of coffee varieties, relaxing & comfortable ambience, specially during extended hours - helped it attain the status.
Sally earns 330,000 annually, and claims 3. How much in FICA taxes does she owe?
Answers
According to the current rules, FICA taxes are divided into two categories:
Medicare and Social Security taxes.Sally's employer will deduct both taxes from her pay.
How much should Sally Pay?Because she earns above $200,000 she will pay Social Security at the rate of:
0.9% x 330,000
= $2,970; and
and Medicare at the rate of 1.45% that is:
1.45% x 330,000
= $4,785.
Given that FICA = Social Security + Medicare:
Sally, therefore, owes:
$2,970+$4,785
= $ 7,755
What is FICA?The "Federal Insurance Contributions Act" (FICA) is a government payroll payment levied on both employees and employers in the United States to finance Social Security and Medicare—federal programs that give benefits to retirees, persons with disabilities, and children of dead workers.
Is the FICA tax paid by everyone?FICA taxes are paid by almost everyone, including resident aliens and many nonresident aliens. It makes no difference whether you work part-time or full-time. There are, however, certain exceptions. College students, for example, are exempt from paying FICA taxes on earnings earned from on-campus jobs.
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Which statement is true based on Figure 4 in the article?
1: Apparel prices increased more than medical care prices.
2:Medical care prices increased at the same rate as computer prices.
3: Medical care prices increased while computer prices decreased.
4: The overall CPI is the same as the CPI for computers.
Answers
Medical care prices increased while computer prices decreased.
What is inflation? Inflation is an economic concept that describes an increase in the general price level of goods and services over a given period of time. Inflation is typically measured using the Consumer Price Index (CPI), which tracks changes in the prices of a basket of goods and services (including food, housing, clothing, transportation, and medical care) that are commonly purchased by households. When prices for these items rise, inflation has occurred. Inflation generally occurs when the demand for goods and services outstrips the available supply, leading to an increase in prices. It can also be caused by an increase in the money supply, which can lead to an increase in prices due to an increase in the amount of money being circulated. Inflation can have both positive and negative effects on an economy, depending on the rate at which it is occurring. High inflation can lead to a decrease in purchasing power, decrease in investment, and an increase in unemployment, while low inflation can lead to economic growth and increased purchasing power.To learn more about inflation rate refer to:
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What is mixed economy in economics?
Answers
A mixed economic system is a system that combines aspects of both capitalism and socialism.A mixed economic system protects private property and allows a level of economic freedom in the use of capital.
The economy in which both the private and public sectors work together to achieve economic development is called a mixed economy but also allows governments to interfere in economic activities to achieve social objectives.It is generally based on the principle of both capitalism and socialism.A mixed economy combines the characteristics of capitalism and socialism.Essentially,a country with this type of economy comprises public and private sectors,where private companies aim to maximize profits,while the government sector works for the well-being of the citizens.A mixed economy allows for private participation in production,which in turn allows for healthy competition which can result in profit.It also contributes to public ownership in manufacturing, which can address social welfare needs.
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Question 9 of 10
Amy is interested in fashion. She is a talented public speaker and enjoys
traveling abroad. Which career path might be right for her?
A. Marketing representative for an international clothing designer
B. Sales representative for a local furniture store
C. Art director for an interior design company
D. Marketing manager for a local clothing retailer
SUBMIT
Answers
Answer:
A
Explanation:
since shes a talented public speaker and enjoys travelling (A) would be a good fit
Marketing representative for an international clothing designer.
Thus, the correct option is A.
Who is a Marketing representative?Advertising, promotions, and other strategies are used by marketing professionals to shape public perception of a company's goods and draw in new clients.
By directly engaging customers on the ground, a field marketing person is in charge of raising brand recognition. Field marketers serve as a bridge between buyers and sellers by giving consumers useful information about goods and services.
Several of the typical sales and marketing goals include: Boost the sale of goods or services. Increase brand recognition. Increase a business's market share.
It goes without saying that marketing is not for everyone because it is a very difficult career option. That does not preclude it from being your ideal profession, though. In addition to being one of the sectors with the highest growth, marketing offers a wide range of specializations.
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You are the American Red Cross liaison in the Emergency Operation Center and you print up a list of the location of materials necessary to outfit the shelters. Materials stored in both facilities are adequate to meet the initial needs. Both the College and the Middle School are implementing their respective plans and are establishing necessary staffing to support the shelter requirements.
What NIMS Management Characteristic is being demonstrated?
Modular Organization
Comprehensive Resource Management
Establishment and Transfer of Command
Dispatch/Deployment
Answers
Answer:
comprehensive resource
Explanation:
How important is money
Answers
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
Select the scenario that best demonstrates the entrepreneurial mindset of taking initiative and
being self-reliant
A. Jon starts a café in his town. He observes that due to a drop in the economy, his café is not doing as well as expected. He hopes his business will pick up again once the economy is strong again.
B. Linda is developing a music app. However, she gets stuck many times while
writing the code. She considers giving up on her app and working under an
experienced person to develop apps.
C. Samantha works as a nail artist. To keep up with the competition and customer
demands, she expands her skill set with new techniques and designs in the market.
D. Steve works as a pizza delivery boy, but wants to start his own pizza parlor. It
will be difficult to make time to implement his business plan, so he is going to wait
for a better time to start his business.
Answers
Answer:
c.Samantha works as a nail artist. To keep up with the competition and customer
demands, she expands her skill set with new techniques and designs in the market.
Explanation:
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when a group of consumers are shown an ad and asked if they remember seeing it before, and if so, how much of it they read previously, their _______ recall is being tested.
Answers
When a group of consumers is shown an ad and asked if they remember seeing it before and how much of it they read previously, their recognition recall is being tested.
Recognition recall is a type of memory test that measures an individual's ability to recognize and recall previously encountered information. In the context of advertising, recognition recall is used to assess the effectiveness of an advertisement in terms of whether consumers remember seeing it and how much of it they recall.
In the given scenario, when a group of consumers is shown an ad and asked if they remember seeing it before and how much of it they read previously, their recognition recall is being tested. This test aims to determine if the consumers can recognize the ad as something they have encountered before and if they can recall specific details or content from their previous exposure to the ad.
By conducting recognition recall tests, advertisers and marketers can gain insights into the impact and memorability of their advertisements. This information can help them evaluate the effectiveness of their campaigns, understand consumer perceptions and engagement, and make informed decisions about future advertising strategies.
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What do pilots do on a daily basis? What kinds of skills and knowledge does a pilot need to have? Do you think you would want the job of pilot? Why or why not?
NO LINKS I WILL REPORT!! 15 POINTS PLEASE ANSWER QUICKLY!!!
Answers
QUESTION 2 of 10: Your Maitre'd's starting salary is $38,000/year. You have promised her an 8% raise per year for her first 5 years. What yearly salary be after 5 years? a) $23,725 b) $42,114 c) $49,189 d) $55,834
Answers
Answer:
D) 55,834
Explanation:
Please write a 4-6 sentence reflection on what you learned about college apps and paying for school today
Answers
Answer:
Im still standin
Explanation:
A brother and sister team, Anthony and Rosa, took over the family's Italian
restaurant business from their father. Rosa operates one of the three locations,
keeps the firm's books, and orders supplies and equipment for all three locations.
Anthony operates the other two restaurants. Anthony thinks he should get two-
thirds of the company profits because he is responsible for the profitability of two
out of three locations. Rosa sees it differently because she feels her responsibilities
span the entire business. What's most important for them to remember in their
situation is
Answers
Answer:
They both share unlimited liability. If one or the other failed to meet his/her financial commitment, the other person would also be liable for all debts.
It's essential to know how to check your account balance in order to manage
your money. Which of the following is not an effective way of checking your
balance?
O Check your account online.
O Call the financial institution directly. .
O
Download the financial institution app.
O Contact the FDIC/NCUA.
Answers
Answer:contact the FDIC/NCUA
Explanation:The FDIC/NCUA would not be able to provide any account information. FDIC is Federal Deposit Insurance Corporation and it’s an independent agency. NCUA is National Credit Union Administration is also a independent agency. FDIC are for banks and NCUA is for credit unions. They both regulate and insure deposits.
Answer: Contact FDIC/NCUA
Explanation: Everfi quiz
The lactose Operon is turned on in:
a. The presence of lactose only
b. The presence of lactose and glucose
c. The presence of glucose and tryptophan
d. The presence of glucose only
Answers
The lactose Operon is turned on in the presence of lactose only.
The lactose Operon is a regulatory system found in bacteria that controls the expression of genes involved in lactose metabolism. It consists of a promoter, an operator, and three structural genes: lacZ, lacY, and lacA. The operator region acts as a switch, determining whether the structural genes are turned on or off.
In the presence of lactose only, the lac repressor protein, which normally binds to the operator and prevents transcription of the structural genes, is rendered inactive. Lactose acts as an inducer by binding to the lac repressor, causing it to detach from the operator. This allows RNA polymerase to bind to the promoter and initiate transcription of the structural genes.
Consequently, the enzymes encoded by these genes are produced, enabling the bacterium to metabolize lactose.
The presence of glucose or tryptophan does not directly affect the lactose Operon. Glucose metabolism is regulated by a separate system involving the catabolite activator protein (CAP) and cyclic AMP (cAMP). When glucose is present, the levels of cAMP decrease, inhibiting the activity of CAP and reducing the transcription of the lactose Operon. Tryptophan, an amino acid, is unrelated to lactose metabolism and does not influence the operon's activation.
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The following table shows the salary of 7 people in an office last year.
Name Income Andy £9500 Bevan £25000 Cheryl £13250 Deva £72000 Elliott £12750 Frankie £29500 Grace £11000 a) Work out the mean income to 2 DP.
b) Deva was given a large bonus for 30 years service.
Excluding Deva's income, what was the mean income for the remaining 6 workers to 2 DP?
Answers
Answer:
£16,833.33
Explanation:
The computation of mean income is shown below:-
Mean income = Total sum of salaries ÷ Number of workers
= £9,500 + £25,000 + £13,250 + £72,000 + £12,750 + £29,500 + £11,000
= £173,000 ÷ 7
= £24,714.29
Now, the Mean income excluding Deva's salary:
Mean income = Mean income
= Total sum of salaries excluding Deva salary ÷ Number of workers
= (£9,500 + £25,000 + £13,250 + £12,750 + £29,500 + £11,000) ÷ 6
= £101,000 ÷ 6
= £16,833.33
We simply applied the above formulas
easy career class question..:)
Answers
Answer: people
Hope this helps
What is the difference between using an action button to play an audio file via 'play sound' and an audio clip set up through the Media Group?
Answers
Answer: The action button lets users play the audio file, the sound button will play an audio clip.
Explanation:
The action button lets users play the audio file once it is clicked or has a mouse over action over the assignment button. The sound button will play an audio clip that you have specified in the action settings dialog box.
Question 5 of 10
For accountants, which of the following is the most important consequence
of the unethical use of technology?
A. the threat to the reliability of accounting systems
OB. the direct and indirect loss of revenue
C. the possibility that privacy will be compromised
D. the loss of trust in the accounting profession
SUBMIT
Answers
The most important consequence of the unethical use of technology for accountants is the threat to the reliability of accounting systems (option A).
What are accounting systems?Accounting systems are described as the controls, procedures, and processes in accounting. The main purpose of accounting systems is to make a summary and record the different business transactions in a way that will allow the creation of reports, and enhance operations.
If the accountants are unethically using technology, then it will directly impact the accounting processes, and transaction records of businesses, and the financial report will produce erroneous results and will highly degrade the decision-making process.
It can be concluded that the most important consequence of the unethical use of technology for accountants is the threat to the reliability of accounting systems (option A).
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Answer: The loss of trust in the accounting profession
Explanation: believed the other person aaaannnnnddddd got it wrong
Tetradic Solutions has been making purchases from Ribbon, Inc., for the last three years. Every three months, it makes the same order of 5,000 ml of Ribbon, Inc.'s, secret compound used in Tetradic's lotion line. Recently, Tetradic has seen a downturn in demand and needs to alter its usual order from 5,000 to 3,500 and hopefully reduce the price per ml. What BEST describes Tetradic's situation
Answers
Answer: modified rebuy
Explanation:
Tetradic's situation can be defined as the modified rebuy. Modified Rebuy refers to a purchasing situation whereby an individual or organization buys goods that they've bought before but then changes the supplier or some elements in the previous order.
Based on the question given, Tetradic Solutions alters his purchase as the order was modified. In modified rebuy, the specifications of the product, prices, and suppliers can be changed as well.
Gross profit is calculated by deducting the cost of goods sold (CDGS) from your total sales. If a company's gross profit ratio is calculated by dividing gross profit by total sales, find the total sales given the cost of goods sold is $ 48,000?
Answers
Gross profit is a company's revenue minus its cost of goods sold (COGS). This calculation gives a company a better understanding of its overall profitability, as it measures the amount of money left over after accounting for the direct costs associated with producing and selling its goods and services.
The formula for calculating gross profit ratio is: Gross Profit Ratio = Gross Profit / Total Sales. If a company's gross profit ratio is calculated by dividing gross profit by total sales, find the total sales given the cost of goods sold is $48,000:We can use the formula to calculate the company's gross profit first, then divide by the given gross profit ratio to find the total sales.
Gross Profit = Total Sales - Cost of Goods SoldGross Profit Ratio = Gross Profit / Total SalesRearranging the formula for Gross Profit, we have:Gross Profit = Gross Profit Ratio x Total SalesSubstituting the given values, we get:Gross Profit = (Gross Profit Ratio) x (Total Sales)= Gross Profit Ratio = (Gross Profit) / (Total Sales)= Gross Profit Ratio x Total Sales = Gross Profit= (Gross Profit Ratio) x (Total Sales) = (Total Sales - Cost of Goods Sold)Therefore,Total Sales - Cost of Goods Sold = (Gross Profit Ratio) x (Total Sales)Total Sales - $48,000 = (Gross Profit Ratio) x Total
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Use the as/ad model to describe the effect of each of the following events on the economy of snezhanka (a fictitious nation). beginning with the economy in equilibrium carefully show the shift involved and the new equilibrium. state whether the p (price level) and rgdp at the new equilibrium are higher or lower. for each part of this question, start again at the original equilibrium. what will happen if:
a. taxes on households are decreased?
b. taxes paid by firms are decreased?
c. the value of the national currency, the snezhankan lev, declines in the international currency market?
d. a revolutionary new machine, the aparat, increases worker productivity?
Answers
The following would happen
Aggregate income would increase for households. They would have a rise in output. taxes on households are decreasedWhen the taxes are decreased, the households would have a rise in their purchasing power. Their output would go up form q to q2.
taxes paid by firms are decreasedThe cost of the firms production is going to fall. The firm would then be able to raise their production hence increasing their supply. Output would rise and price level would fall.
the value of the national currency, the snezhankan lev, declines in the international currency market?If the value of the currency should fall, then it would cause the demand for foreign goods to rise then there would be a new equilibrium in the market.
a revolutionary new machine, the apparat, increases worker productivityAn increase in productivity would raise supply for the producer hence bringing about a new rise in the price level.
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You have $60,000 in your retirement fund that is earning 5.5 percent per year, compounded quarterly. a. How many dollars in withdrawals per month would reduce this nest egg to zero in 20 years? Use Exhibit 14-7. Withdrawal b. How many dollars per month can you withdraw for as long as you live and still leave this nest egg intact? Use Exhibit 14-7. Withdrawal
Answers
A withdrawal rate of $408 a month will reduce the $60,000 retirement fund nest egg to zero in 20 years given with an interest rate of 5.5 percent, compounded quarterly and Withdrawal of $276 per month one can withdraw for as long as you live and still leave this nest egg intact
A. To calculate the monthly withdrawals that would reduce a $60,000 retirement fund to zero in 20 years, using Exhibit 14 - 7
It is given to us:
A = final amount (in this case, zero)
P = principal (the retirement fund is $60,000)
r = annual interest rate (5.5% or 0.055)
n = number of times interest is compounded per year (quarterly i.e. n = 4)
t = the number of years (20 years)
Using the table,
Under column, starting amount of nest egg look for $60,000
Now, look for row with 20 years. Intersection between this two will provide us withdrawals per month that will reduce this nest egg to zero. In this case the required amount is $408.
B. Using this table, we can also find dollars per month you can withdraw for as long as you live and still leave this nest egg intact. In this case, it is $276.
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Which group of people has the highest unemployment in South Africa.
Answers
Answer:
youth...I hope its helpful
On july 1, 2024, charlie company paid $18,000 to rent-an-office for rent covering 18 months from july 2024 through december 2025. what adjusting entry should charlie company record on december 31, 2024?
Answers
Charlie Co. paid $18,000 to Rent-An Office for rent covering 18 months from July 2021 through December 2022. The adjusting entry will be debit rent and credit prepaid expense by $6,000.
The adjustment entry will be:
Rent Expense Dr. 6000
To prepaid expense 6000
2021 Rent Expense = ($18,000/18 months) × 6 months = $6,000.
The cost incurred by a business to use a property or location for an office, retail space, factory, or storage space is referred to as rent expense. Rent expense, as opposed to variable expense, is a type of fixed operating cost or absorption cost for a business.
Rental costs are frequently subject to a one- or two-year contract between the lessor and lessee, with renewal options. Rent can be a significant portion of operating expenses or a minor one, depending on the type of business.
Rent is one of the main operating expenses for retail businesses that do not own their own property, along with employee wages and marketing and advertising costs.
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How is Infrastructure related to the business and his Impact and Importance on it?
Answers
Infrastructure is the most crucial factor of a business organization, and much of a business' growth depends upon better infrastructure.
What is infrastructure?Infrastructure for a business can be understood as a set of facilities and services that are a requirement for the smooth functioning of a business organization.
If the infrastructure is poor, then there is a definite cap on the upper side of a business' growth. Similarly, a better infrastructure increases the opportunities for increase in the productivity of a business.
Hence, the significance of infrastructure is aforementioned.
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The act that prohibits hacking, the use of cookies, creating viruses, or using click-stream data to obtain personal
information about individual computers that surf the Web:
Answers
Answer:
ECPA
Explanation:
The Electronic Communications Privacy Act prohibits all of those things specifically, according to the Business Law Edge lesson.