actions that allow oligopoly firms to coordinate their pricing behavior without explicit collusion are referred to as . a. independent practices b. facilitating practices c. differential pricing strategies d. strategic behavior e. duopoly price discrimination mechanisms
Answers
The actions that allow oligopoly firms to coordinate their pricing behavior without explicit collusion are referred to as "facilitating practices." So, the correct answer is B).
In an oligopoly market, where a small number of firms dominate the industry, coordination of pricing behavior can be beneficial for all firms involved.
However, explicit collusion, which involves direct agreements among firms to fix prices, is illegal in most jurisdictions. As a result, firms often resort to "facilitating practices" to achieve a similar outcome without engaging in overt collusion.
Facilitating practices refer to various strategies or actions that enable firms to coordinate their pricing behavior and maintain stability in the market without explicit agreements.
These practices can arise naturally from the competitive dynamics of the industry or be deliberately employed by firms to signal their intentions and align pricing strategies. So, the correct answer is B).
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recently, the owner of martha's wares encountered severe legal problems and is trying to sell her business. the company built a building at a cost of $1,100,000 that is currently appraised at $1,300,000. the equipment originally cost $580,000 and is currently valued at $327,000. the inventory is valued on the balance sheet at $270,000 but has a market value of only one-half of that amount. the owner expects to collect 97 percent of the $155,200 in accounts receivable. the firm has $12,100 in cash and owes a total of $1,300,000. the legal problems are personal and unrelated to the actual business. what is the market value of this firm? multiple choice $914,844 $1,184,844 $462,000 $624,644 $759,644
Answers
Thus, the market value of Martha's Wares is $624,644. The correct option D, $624,644.
The market value of Martha's Wares can be calculated by summing up the market values of its assets and then subtracting the total liabilities. Let's break down each asset's market value:
1. Building: appraised at $1,300,000
2. Equipment: currently valued at $327,000
3. Inventory: half of the balance sheet value, which is $270,000 * 0.5 = $135,000
4. Accounts Receivable: 97% of $155,200, which is $150,544
5. Cash: $12,100
Now, let's calculate the total market value of assets:
$1,300,000 (building) + $327,000 (equipment) + $135,000 (inventory) + $150,544 (accounts receivable) + $12,100 (cash) = $1,924,644
Finally, subtract the total liabilities ($1,300,000) from the total market value of assets:
$1,924,644 - $1,300,000 = $624,644
The market value of Martha's Wares is $624,644. The correct option D, $624,644.
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Setting the Lease Payment Quartz Corporation is a relatively new firm. Quartz has experienced enough losses during its early years to provide it with at least eight years of tax loss carryforwards, so Quartz's effective tax rate is zero. Quartz plans to lease equipment from New Leasing Company. The term of the lease is four years. The purchase cost of the equipment is $970,000. New Leasing Company is in the 25 percent tax bracket. There are no transaction costs to the lease. Each firm can borrow at 6 percent. a. What is Quartz's reservation price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What is New Leasing Company's reservation price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.9., 32.16.)
Answers
The Quartz's reservation price is 6% (round to 2 decimal places). New Leasing Company's reservation price is 4.50%.
Calculation of Quartz's reservation price:
Given, Purchase cost of equipment = $970,000
Lease term = 4 years
Quartz has experienced enough losses during its early years to provide it with at least eight years of tax loss carryforwards, so Quartz's effective tax rate is zero.
Hence, Quartz's tax shield rate = 0
Quartz can borrow at 6 percent.
Therefore, the after-tax cost of Quartz debt is:
6% × (1 - 0) = 6%
Quartz's required return on debt = 6%
After-tax cost of leasing = [(1 - 0.25) × 6%] = 4.50%
The present value of lease payments is calculated using the lease payment formula:
PV of lease payments = C × [1 - 1 / (1 + r)n] / r
where, PV = present value of the lease payments
C = annual lease payment
r = discount rate per period
n = number of periods
For this problem, there are four annual lease payments and the term of the lease is four years.
New Leasing Company's tax shield rate = 0.25
New Leasing Company can borrow at 6 percent.
Therefore, the after-tax cost of New Leasing Company's debt is:
6% × (1 - 0.25) = 4.50%
New Leasing Company's required return on debt = 4.50%
The present value of lease payments is calculated using the lease payment formula:
PV of lease payments = C × [1 - 1 / (1 + r)n] / r
where, PV = present value of the lease payments
C = annual lease payment
r = discount rate per period
n = number of periods
For this problem, there are four annual lease payments and the term of the lease is four years. Therefore, using the above formula.
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jim's car was totaled in a wreck. he failed to yield to oncoming traffic and jim was found to be at fault. the driver of the car he hit did not have insurance. jim's own car insurance policy reimbursed him for the property damage to his own vehicle. what type of coverage would pay for this? g
Answers
Option (d) is correct. If Jim’s own car insurance policy reimbursed him for the property damage to his own vehicle then collision coverage would pay for that.
Collision coverage insurance is known for a coverage which helps pay to repair or replace your car if it's damaged in an accident with another vehicle or object such as a fence or a tree. If you're leasing or financing your car this insurance coverage is required by the lender. If your car is paid off, collision is an optional coverage on your car insurance policy as per the collision insurance. It helps pay to repair or replace your vehicle if it's damaged from collision with another vehicle, collision with an object, such as a building or a tree, single-car accident that involves rolling or falling over badly. This insurance coverage has a limit which is the maximum amount your policy will pay toward a covered claim.
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The complete question is,
Jim’s car was totaled in a wreck. He failed to yield to oncoming traffic and Jim was found to be at fault. The driver of the car he hit did not have insurance. Jim’s own car insurance policy reimbursed him for the property damage to his own vehicle. What type of coverage would pay for this?
A)Liability coverage.
B)Uninsured motorist coverage.
C)Comprehensive coverage.
D)Collision coverage.
for consumption smoothers, the marginal propensity to consume out of anticipated changes in income is:
Answers
The marginal propensity to consume out of anticipated changes in income for consumption smoothers is generally high. Consumption smoothers are individuals or households who try to maintain a relatively stable level of consumption even when their income fluctuates.
This means that they tend to spend a larger proportion of any increase in income rather than saving it. The marginal propensity to consume (MPC) is the change in consumption that results from a change in income. For consumption smoothers, the MPC is typically higher than for savers. This is because consumption smoothers tend to have a lower savings rate and are more likely to spend any additional income they receive.
Consumption smoothers may also have a higher marginal propensity to consume out of anticipated changes in income. This means that if they expect their income to increase in the future, they may start to spend more even before the increase occurs. This can help to smooth out fluctuations in their consumption and maintain a relatively stable standard of living.
Overall, the marginal propensity to consume out of anticipated changes in income is an important factor to consider when analyzing the spending behavior of consumption smoothers. While individual circumstances may vary, a higher MPC is generally associated with this type of consumption behavior.
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what maintains data about various types of objects (inventory), events (transactions), people (employees), and places (warehouses)?
Answers
A database maintains data about various types of objects (inventory), events (transactions), people (employees), and places (warehouses).
Define database.
A database is essentially a planned grouping of material that has been arranged and is often kept electronically in a computer system. Typically, a database management system or DBMS is in charge of it. Information on people, such of clients or users, is frequently stored in databases. Social media networks, for instance, use databases to store user data including names, email addresses, and usage patterns. The information is put to use to enhance user experience and propose content to users. Databases are designed to make it easy to save, retrieve, edit, and delete data while carrying out various data-processing tasks. The four database types are:
relational databasehierarchical database systems.network database systems.object-oriented database systems.To learn more about database, visit:
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Which of these is an educational institution where you can complete an undergraduate
study program in order to get a bachelor's degree?
A 2 year ollege
B Technical School
C Certificate program
D 4 year College
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he balance of payments is: a currency whose value is not pegged, but governments will intervene extensively in the market to keep the value within a certain range. a yearly summary of all the economic transactions between residents of one country and residents of the rest of the world. the sum of the balance of trade, net income on capital held abroad, and net transfer payments. the price of one currency in another currency.
Answers
The balance of payments is a yearly summary of all the economic transactions between residents of one country and residents of the rest of the world.
It consists of three components - the balance of trade (exports and imports of goods and services), net income on capital held abroad, and net transfer payments (such as remittances and foreign aid).
The balance of payments provides an overview of a country's international economic transactions and helps to understand its financial position in the global economy.
Summary: In short, the balance of payments is an annual summary of a country's economic transactions with the rest of the world, including trade, income, and transfers.
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In a behavioral encouragement plan, individuals are awarded incentives for ________.A.accomplishing specific objectivesB.producing better-quality outputC.exceeding production and salesD.having exemplary attendance E.showing hard work, diligence, and skill
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In a behavioral encouragement plan, individuals are awarded incentives for accomplishing specific objectives. So, the correct answer is option A.
Employee motivation and goal-setting are encouraged with the help of this kind of plan.
The incentives may be monetary, like as raises or bonuses, or non-financial, such as recognition, kudos, or more vacation time. Employees are more likely to be motivated to work harder and seek to achieve the goals by offering an incentive.
These kinds of incentives can also contribute to the development of a supportive workplace where workers feel appreciated and driven.
In the end, the goal of this kind of strategy is to assist employees in achieving their objectives and making a positive contribution to the achievement of the company's goals.
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Which statement explains how a credit card is a form of financial exchange?
A credit card can be used to pay for goods, and the charges are immediately deducted from the user's account.
A credit card can be used to pay for services, and the user agrees to pay these charges at a later time.
Each credit card has a certain monetary value, which users exchange with each other like currency.
Credit cards are paper documents that users write on to indicate the amount being paid to a merchant.
Answers
Answer:
A credit card can be used to pay for goods, and the charges are immediately deducted from the user's account.
HELP PLEASE DUE IN 30 MIN ASAP I will give Brainliest...Think of examples of new words that have been made up in your lifetime. Think of words whose meanings have changed over time. Why do we change the meanings of words? Who benefits? Who loses? Offer a Biblical perspective on choosing our words and how our words impact others.
Answers
Hi! I'm not really sure what "have been made up in your lifetime" mean, so I'm just gonna assume that it means words that have been created in your generation
Examples of new words: Meme, jegging
Examples of words with changed meanings: Silly (original meaning: blessed with worthiness), leech (original meaning: doctor)
The meaning of the words change over time because new generations lead to new ideas
Who benefits: The newer generations because they can communicate easily with newly made slangs, etc.
Who loses: The older generations because they have would then have absolutely no idea what the newer generations are talking about
(Example: Person 1: Woah that skateboard is sick!
The guy from the 1700s: No it's not. It's a skateboard, are you mental?)
and i'm not sure about the biblical perspective, sorry about that
anyways, hope this helped !
the four basic tools, which the federal reserve board uses to fine-tune money growth, are reserve requirements, discount rates, credit controls, and
Answers
The four basic tools, which the federal reserve board uses to fine-tune money growth, are reserve requirements, discount rates, credit controls, and Open market operations.
The Federal Reserve Board uses open market operations as one of its four basic tools to fine-tune money growth. Open market operations refer to the buying and selling of government securities in the open market. When the Fed buys government securities from banks, it injects money into the economy and increases the money supply.
When the Fed sells government securities to banks, it withdraws money from the economy and decreases the money supply. This tool allows the Fed to control the federal funds rate, which is the interest rate that banks charge each other for overnight loans and, in turn, affects other interest rates throughout the economy.
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--The complete question is, the four basic tools, which the federal reserve board uses to fine-tune money growth, are reserve requirements, discount rates, credit controls, and __________.
5) Si tuvieras que hacer un presupuesto de Ingresos y uno de Gastos ¿Cuál harías primero y que te sirva de base para hacer el otro? Explica tu respuesta
Answers
Answer:
Si tuviese que hacer un presupuesto de ingresos y uno de gastos, primero haría el de ingresos. Así, podría tener en cuenta la cantidad de dinero que mes a mes ingresa en mi patrimonio y de esta manera organizar mis gastos teniendo en cuenta no gastar mas dinero del que gano mensualmente.
Si, en cambio, organizara mis gastos antes que mis ingresos, me vería limitado posteriormente a realizar algunos gastos dado que no habría contemplado mi liquidez financiera mensual.
Bradley went shopping today and used his American Express credit card to buy a new pullover sweater. He used his bank debit card to pay for a video game and bought some snack food with cash. Which of these purchases are difficult to track and monitor on his budget? A) The pullover Sweater is difficult to track because it costs more than what he budgeted for clothing this month. B) The video games are difficult to track because he did not add a budget category for electronics. C) The snacks are difficult to track because cash transactions don't leave a paper trail. D) Both A and B A C B C С Question 5 2 pts Question 18 2 pts 18) How would an income statement help you create a financial plan? A) Spot potential areas of gambling. B) Determines whether you are earning more than you spend C) Determines your net worth D) Allows you to track future income A B с D Question 14 2 pts 14) Using the Rule of 72, approximately how long will it take to double your money if you invest it at 8% compounded annually? A) 6 months B) 9 months C) 6 years D) 9 years E) It depends on the amount of the initial investment. B C c D Ouation 15 2 pts
Answers
The purchase that is difficult to track and monitor on Bradley's budget is option C) The snacks are difficult to track because cash transactions don't leave a paper trail.
Cash transactions are generally difficult to track and monitor on a budget because they don't leave a digital or paper trail like credit card or bank transactions. Without a record or receipt, it can be challenging to accurately track and allocate expenses for budgeting purposes. In Bradley's case, his purchase of snack food with cash would be difficult to include and monitor within his budget.
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A university spent $1.8 million to install solar panels atop a parking garage. These panels will have a capacity of 400 kilowatts (kW) and have a life expectancy of 20 years. Suppose that the discount rate is 20%, that electricity can be purchased at $0.10 per kilowatt-hour (kWh), and that the marginal cost of electricity production using the solar panels is zero.
Answers
Answer:
9241.08 Hrs
Explanation:
Calculation to determine Approximately how many hours per year will the solar panels need to operate to enable this project to break
Let n represent hour of operation per year for breakeven
Breakeven annual cost = Annual savings
$1,800,000 * (A/P, 20%,20) = 400 * n * 0.1
$1,800,000 * 0.205357 = 400 * n * 0.1
n = 369,643/ 40
n= 9241.075
n=9241.08 Hrs (Approximately)
Therefore Approximately how many hours per year will the solar panels need to operate to enable this project to break will be 9241.08 Hrs
suggest any 5 methods by which the condition of technical education can be improved
Answers
Answer:
Acknowledge and address overcrowding.
Make funding schools a priority.
Address the school-to-prison pipeline.
Raise standards for teachers.
Put classroom-running and curriculum-building decisions in the hands of the community.
Explanation:
Technology can be utilized to improve teaching and learning and help our students be successful. ... Through the use of learning management systems (LMS) students can access online resources to get assistance on demand beyond the physical reach of their teacher. Technology can also extend education in another way.
assisted projects aimed at improving technical and vocational education. Introduction ... priorities as defined by aid recipients (see, for example, Gray &.
Technical education is a term applied to schools, institutions, and educational programs that specialize in the skilled trades, applied sciences, modern technologies.
Which of the following is not an action that a company's management team can take to help meet or beat the investor-expected targets for ROE in upcoming years? Copyright © by Glo-Bus Software, Inc. Copying, distributing, or 3rd party website posting isexpressly prohibited and constitutes copyright violation. -- Always issuing new shares of common stock to raise capital (and cover negative projected year-end cash balances) for use in the company's camera/drone business Pursuing efforts to boost total operating profits in all four geographic regions the resulting growth in operating profits companywide will increase total net profits (a company's net profits are the numerator in calculating the company's ROE) o Increasing annual dividend payments to shareholders (because all net profits not paid out as dividends are treated as retained earnings and because bigger retained earnings have the effect of increasing shareholders equity) Borrowing money from the Global Community Bank (preferably in the form of a 1-year loan that can be fully or mostly repaid the following year) and using the proceeds to repurchase outstanding shares of common stock; such action makes considerable financial sense when the company's stock price is expected to rise substantially in future years and/or when unexpectedly weak company performance in the prior year causes a drop in its stock price o Using a portion of the company's internal cash flows from operations for the next several years to repurchase shares of common stock
Answers
The action that is not likely to help meet or beat the investor-expected targets for ROE in upcoming years is "Always issuing new shares of common stock to raise capital (and cover negative projected year-end cash balances) for use in the company's camera/drone business."
Issuing new shares of common stock to raise capital may dilute the ownership and earnings per share of existing shareholders. While it can provide capital for the company's camera/drone business, it may not directly contribute to improving the Return on Equity (ROE) as it does not focus on profitability or efficiency. ROE is a measure of how effectively a company generates profits from shareholders' equity, and it is typically improved by increasing profitability, reducing expenses, or optimizing asset utilization.
The other actions mentioned, such as boosting operating profits, increasing retained earnings through dividend payments, borrowing money to repurchase outstanding shares, or using internal cash flows for share repurchases, can potentially contribute to improving ROE by enhancing profitability, increasing shareholder equity, or optimizing capital structure.
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Sam has a great paying job, has no dependents, and owns his own apartment. He wants to take out an appropriate loan to finance the rest of his graduate business degree, which he plans to study for at night, at a cost of $40,000. What type of loan would he consider if he really does not like to carry much, if any, debt
Answers
Sam would collect student loan if he really does not like to carry much, if any, debt.
What is loan?Loan involves borrowing certain amount of money usually from a lender.
The borrower and lender agree on a payment plan that will ensure the payment of the loan.
Therefore, Sam would collect student loan if he really does not like to carry much, if any, debt.
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Which of the following has the most significant impact on consumer purchasing power and spending patterns?
Select one:
a. Demographic environment
b. Political and legal environment
c. Technological environment
d. Economic environment
Answers
The most significant impact on consumer purchasing power and spending patterns has the economic environment. Thus, the correct option is (D).
The purchasing power of a currency is the amount of products or services that one unit of money can purchase.
The environment contains components that affect consumer spending preferences and purchasing power.
Natural resources that are needed by marketers as inputs or that are influenced by marketing activities are referred to as the natural environment.
More than just how much you can buy with your money determines your purchasing power. Additionally, it affects stock prices and the state of the economy as a whole.
Therefore, the correct option is "D".
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During demo days, the project team should do the following when they are reviewing packages except:
a.
Compare fits and gaps
b.
Use different teams to view the ERP software depending on the module
being demoed
c.
Use a weighted score sheet when ranking vendors
d.
Require vendors to demo with the company (buying firm’s) data
Answers
During demo days, the project team should do the following when they are reviewing packages except use different teams to view the ERP software depending on the module being demoed.
Demo Days, often known as Software Demos, are a process in which an organization may determine which technology solution best suits its needs. It involves a variety of software providers giving demonstrations of their software to show their capabilities and suitability to potential customers. It's a crucial aspect of the software selection process since it gives the project team a chance to ask questions, evaluate the software, and see how it fits into the organization. The project team should do the following when reviewing packages on demo days: They should compare fits and gaps. After receiving a product demo, the project team should use a score sheet to evaluate the ERP vendors. This allows for easy comparison of goods and services. They should use a weighted score sheet when ranking vendors. ERP vendors' strengths and weaknesses should be compared using a weighted scorecard, which assigns varying degrees of importance to each evaluation category. By employing a weighted score sheet, the project team can ensure that they are comparing apples to apples. Require vendors to demo the company's (buying firm's) data.
The purchasing company should require the vendor to provide a demonstration utilizing its own data in order to assess the software's efficacy and see how it performs under particular circumstances. Using different teams to view the ERP software depending on the module being demoed is not required during demo days. Instead, during demo days, the team should have the same core project team to ensure that each software demonstration is evaluated in a comparable manner.
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Sold goods whose list price is 5000 to rakesh at 6% trade discount and 1% cash discount he paid 60% price in cash jornal entry
Answers
The journal entry will be:
Debit: Accounts Receivable 2766
Credit: Sales 5000
Debit: Discounts Allowed 317
Credit: Trade Discount Allowed 300
Credit: Cash Discount Allowed 17
How to depict the journal entry?To record the sale of goods to Rakesh at a trade discount and cash discount, you would make a journal entry to debit Accounts Receivable (for the amount Rakesh will pay on credit) and credit Sales (for the revenue from the sale). The entry would also need to include any applicable discounts.
The trade discount is calculated by multiplying the list price of the goods by the trade discount percentage (6% in this case), so the trade discount would be:
5000 x 6% = 300
The cash discount is calculated by multiplying the list price minus the trade discount by the cash discount percentage (1% in this case), so the cash discount would be:
(5000 - 300) x 1% = 17
The total discounts is trade discount + cash discount
300 + 17 = 317
The amount Rakesh paid in cash would be calculated by multiplying the list price minus the discounts by the percentage he paid in cash (60% in this case), so:
(5000 - 317) x 60% = 2766
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Your company is looking at purchasing a front-end loader and has narrowed the choice down totwo loaders. Loader 1 costs $150,000 with a useful life of seven years with a salvage value of
$10,000 at the end of the seventh year. Loader 2 costs $110,000 with a useful life of five years
with a salvage value of $10,000 at the end of the fifth year. The annual profit for either one is
$20,000. Using a MARR of 20%, which alternative should your company buy?
Answers
Based on the provided information and a minimum attractive rate of return (MARR) of 20%, the company should choose Loader 1 over Loader 2 for purchase.
To determine the better option, we need to calculate the present worth (PW) of each loader and compare them. Loader 1 has a useful life of seven years, and Loader 2 has a useful life of five years.
Both loaders have a salvage value of $10,000 at the end of their respective lifespans.
For Loader 1, the initial cost is $150,000, and the annual profit is $20,000.
Using the MARR of 20%, we can calculate the annual equivalent worth (AE) of the annual profit using the formula AE = (Annual Profit - Salvage Value) / (1 + MARR)^n, where n is the number of years. Substituting the values, AE1 = ($20,000 - $10,000) / \((1 + 0.20)^7\)= $9,090.91.
For Loader 2, the initial cost is $110,000, and the annual profit is also $20,000. Similarly, calculating the AE, we get AE2 = ($20,000 - $10,000) / (1 + 0.20)^5 = $10,909.09.
To find the PW, we multiply the AE by the appropriate factor: PW = AE * (1 + MARR)^n. For Loader 1, PW1 = \($9,090.91 * (1 + 0.20)^7\) = $53,527.19. For Loader 2, PW2 = $10,909.09 * (1 + 0.20)^5 = $55,114.80.
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neeeeed heeellllpppp!!!!!!!!!!!
Answers
Answer:
I'd say b
Explanation:
it's a fire hazard symbol. none of the other answers would make sense
crystal coast is an all-inclusive beachside resort. it offers lodging, six restaurants, dancing, snorkeling, parasailing, and spa treatments. on the resort grounds, crystal coast also has a dive center, jet skis, and a water park. all of these amenities are only available to customers staying at crystal coast. crystal coast’s strategic position emerges from
Answers
Answer:broads
Explanation:
1. a contract where the terms are described explicitly in detail. 2. a contract that is formed due to the actions of the parties without discussion of all terms. 3. where an obligation is imposed by law when there is no actual contract but one party has benefited at the expense of another. 4. a contract where each side has made a promise. 5. a contract that is formed when one party makes an offer and another party performs an act to accept the offer. 6. an agreement that lacks one of the essential requirements of a contract and is not a contract. 7. a contract that may remain valid until one party chooses not to be bound by it. 8. a contract that a court will not enforce.
Answers
Express contract: A contract where the terms are described explicitly in detail, either orally or in writing. The terms are explicitly stated, leaving no ambiguity or room for interpretation.
Implied contract: A contract that is formed due to the actions of the parties without discussion of all terms. The agreement is inferred from the conduct or behavior of the parties involved. Although the terms may not be explicitly stated, they can be reasonably implied based on the circumstances.
Quasi-contract: Where an obligation is imposed by law when there is no actual contract but one party has benefited at the expense of another. It is a legal remedy used to prevent unjust enrichment when one party has received a benefit that would be unfair to keep without compensating the other party.
Bilateral contract: A contract where each side has made a promise. It involves mutual promises or obligations between the parties. Both parties are legally bound to fulfill their respective promises, creating a reciprocal relationship.
Unilateral contract: A contract that is formed when one party makes an offer and another party performs an act to accept the offer. Acceptance is indicated through performance rather than a promise. The contract is binding once the specified act is completed.
Void contract: An agreement that lacks one of the essential requirements of a contract and is not a contract. It is considered invalid from the beginning and holds no legal effect. It lacks the necessary elements, such as legal capacity, lawful purpose, or mutual consent, making it unenforceable.
Revocable contract: A contract that may remain valid until one party chooses not to be bound by it. It allows one party to withdraw or terminate the contract at their discretion, as long as the other party has not already performed their obligations.
Unenforceable contract: A contract that a court will not enforce due to legal deficiencies or violations. Although the agreement may have been formed and appears valid, it cannot be enforced through legal means. This could be due to reasons such as statute of limitations, lack of written documentation for certain agreements, or contracts that violate public policy.
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Overbooking is a common practice in the hospitality industry. What are the pros and cons of overbooking? Is overbooking ethical?
Answers
Cons: loss of hotel reputation, alternative arrangement for guests might be more expensive, may revive negative review online ,
The purposeful and deliberate act of overbooking runs counter to any acceptable standard of ethical business practice. In addition to the practice being ripe with serious legal, contractual and consumer protection violations, overbooking forces hospitality personnel into making conscious immoral and unethical choices.
Preston is creating a business proposal for a new client. He decides to add a promotional brochure describing related company services to his proposal. In which section of the proposal should he include this promotional brochure?.
Answers
He can enter the promotional brochure at the explanation part about his business.
To write proposal business you can start with a tittle page. In the tittle page is filled by the name of your business. To add a promotional brochure you can add it at the explanation about service or product line. A business plan conclusion can be described as a summary of a business plan's strengths built to convince the reader of the company's success. Because companies create business plans to get funding or investors, the conclusion should focus on how the organization makes money and why it is a good investment. The purpose of writing business proposal is to attrack and to protect. Persuasion comes from the wording of the proposal. By explanation, a proposal provide that needs to be accepted by the reader in order to succeed.
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Tickets to a fundraiser are $14 if purchased ahead of time and $25 if purchased at the door. The total amount raised from all ticket sales was $625. If eleven tickets were purchased at the door, how many tickets were purchased ahead of time?.
Answers
($14)(25)=$350
($25)(11)=$275
$350+$275= $625
Which of the following is NOT a fixed expense?
A. Rental payment
B. Movie tickets
C. Cell phone bill
D. Internet service
Which of the following is a fixed expense?
a. Water Bill
b. Car Payment
c. Clothing
d. Transportation
A fixed expense is an expense that:
A. is unpredictable
B. is necessary for repairs
C. you can reduce by buying less
D. you can predict
Which of the following is a variable expense?
A. Rental payments
b. Groceries
c. Student loan payments
d. Health insurance
Answers
Movie tickets is NOT a fixed expense. So, the correct answer is option B. so it's a consumer goods
When an activity, such as sales or production, increases, the overall amount of a fixed expense does not change. Since a change is likely to happen at either an exceptionally high volume or low volume, the words within a relevant or fair range of activity are typically included to the definition.
Fixed expenses are those that don't alter depending on the level of activity. These costs often fluctuate little from month to month and are therefore very constant. The following are a few examples of fixed expenses: rent, insurance, equipment leases, dues, and advertising.
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Suppose that the local daily demand for iced coffee drinks is given by the demand function: Q=300-25P, where P is the price of an iced coffee drink.
a. Construct this demand curve in black. Place the quantity of iced coffee drinks demanded on the horizontal axis and the price of an iced coffee drink on the vertical axis.
b. Suppose that iced coffee drinks are a normal good, and that consumers’ incomes fall. The demand for iced coffee drinks decreases by 50 units at every price. What is the new demand function (i.e., equation)?
c. Suppose that iced coffee drinks are a normal good, and that consumers’ incomes fall. The demand for iced coffee drinks decreases by 50 units at every price. Construct the new demand function in blue.
Answers
a. To construct the demand curve, we can first use the demand function provided, Q=300-25P. To plot this on a graph, we can plug in different values of P to find the corresponding values of Q. For example:
When P = 0, Q = 300-25(0) = 300
When P = 1, Q = 300-25(1) = 275
When P = 2, Q = 300-25(2) = 250
We can plot these points on a graph with Q on the horizontal axis and P on the vertical axis, and connect them to form the demand curve.
b. The new demand function would be Q = 250-25P.
c. To construct the new demand function in blue, we can start with the same process as before, using the new demand function, Q = 250-25P.
For example:
When P = 0, Q = 250-25(0) = 250
When P = 1, Q = 250-25(1) = 225
When P = 2, Q = 250-25(2) = 200
We can plot these points on the same graph as before, but this time use blue color to distinguish it from the previous demand function.
If the economy is at a point on the short-run Phillips Curve such as point c3, firms and workers will ____, allowing the economy to move toward the long-run Phillips Curve
Answers
The firms and workers will adjust their inflation expectations upward at at a point on the short-run Phillips Curve and thus. allowing the economy to move toward the long-run Phillips Curve.
What is the short-run Phillips Curve?As the Phillips curve is a graphic representation that depict the relationship between the rate of unemployment and rate of change of money wages, the short-run graph will show that in the short-term, there is a tradeoff between inflation and unemployment.
However, when the economy is a point on the short-run Phillips Curve, decision may be made by firms and workers to adjust their inflation expectations upward and this will allow the economy to move toward the long-run Phillips Curve.
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