The average total asset amount for Carducci Corporation can be calculated based on the given net sales, beginning total assets, and ending total assets which rounds up to $1.27 million.
To calculate the average total assets, we need to find the average of the beginning total assets and the ending total assets. The average is calculated by adding the two values and dividing the sum by 2.
Beginning total assets = $1.07 million
Ending total assets = $1.47 million
Average total assets = (Beginning total assets + Ending total assets) / 2
Average total assets = ($1.07 million + $1.47 million) / 2
Average total assets = $2.54 million / 2
Average total assets = $1.27 million
Therefore, the average total asset amount for Carducci Corporation is $1.27 million. This represents the average value of the company's total assets over the given period, considering both the beginning and ending balances. It provides a measure of the company's asset base and can be used for various financial analyses and performance evaluations.
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A company buys a fixed asset on January 1, 2012 for $20,000. The accumulated depreciation for three years is $12,000. What will be the book value of the asset on December 31, 2014? The asset is sold on December 31, 2014 for $10,000. Will the company make a profit from this disposal?
The book value of the asset on December 31, 2014 is $ (Blank 1) . The company will make a (Blank 2).
Blank 1-
8,000
5,000
12,000
Blank 2-
loss of $2,000
profit of $2,000
profit of $8,000
Answer:
Blank 1-
12,000
Blank 2-
loss of $2,000
Explanation:
what are the syptoms for neat freak
when you try to keep everything 100% clean
In business, a focus on action implies that a person will Multiple choice question. suppress any moral objections. avoid confrontation. be perfect. take advantage of opportunities.
It should be noted that a focus on action implies that a person seizes business opportunities.
What is meaning of focus in business?
Being focus when one is engaging vin a business is a way to achieve the ultimate goal of the organization. It helps to seize any opportunities that could move the business forward.
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which one of these is an example of a necessary debt
Answer:
An example of unnecessary debt is when you change your clothes and don't really need on a high-interest score. Thus option C is correct.
What is unnecessary debt?
An unnecessary debt can be caused by a variety of issues such as expensive life events, having children, or moving to a new house. It may also be due to poor money management. The debt is due to those things that are not needed and hence are unnecessary.
Explanation:
What advice would you give a friend who would like to become an editor in the advertising and promotions industry?
Answer:
The advice I would you give a friend who would like to become an editor in the advertising and promotions industry is to go to school and focus on english.
Explanation:
Maintain a detailed working knowledge of all equipment deficiencies within the Work Center. The Work Center Supervisor will use the Current Ship's Maintenance Project (CSMP) as a daily working document for the scheduling of any maintenance actions not included on the PMS schedules. B. Use SKED's revision editor to ensure that all PMS changes have been properly annotated and applied to the schedule prior to the LCPO/LPO, Division Officer, and Department Head reviews and finalization. C. Schedule weekly Work Center maintenance and supervise its proper accomplishment. D. Ensure the status of Work Center planned maintenance is correctly reflected on the PMS schedules. E. Ensure the Division Officer and Division LCPO/LPO are advised of all 3-M System activity within the Work Center. F. Maintain an adequate supply of 3-M System materials within the Work Center. G. Ensure prompt reporting of all material deficiencies and completed maintenance actions as required. H. Ensure all equipment changes, adds and removals, regardless of whether the action is performed by command personnel or outside activities, is present or modified in the OMMS database and, if not present, is reported via 4790/CK to the Configuration Data Manager (CDM). A PMS FBR shall be submitted requesting a LOEP change for new adds and for equipment removals. This includes all alterations that result from maintenance actions which modify or change installed equipment as well as planned alterations, its called?
The correct answer is Maintain an adequate supply of 3-M System materials within the Work Center. The Maintenance Material Management (3-M) System is what this is known as.
The US Navy uses the system, a thorough maintenance management programme, to guarantee the material readiness of ships and submarines. In addition to maintaining accurate records of equipment deficiencies, maintenance actions, and material usage, the 3-M System contains methods for planning, scheduling, and tracking maintenance tasks.
The Current Ship's Maintenance Project (CSMP), Planned Maintenance System (PMS), SKED's revision editor, and the OMMS database are among the tools and papers used in this process. The system's goal is to guarantee that equipment is maintained in a way that is safe, dependable, and economical and that maintenance tasks are correctly planned, carried out, and recorded.
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what is the advantages that a multi national companies does to the host country?
Answer:
Transfer of skills and expertise, helping to develop the quality of the host labour force. MNCs add to the host country GDP through their spending, for example with local suppliers and through capital
Answer:Transfer of skills and expertise, helping to develop the quality of the host labour force. MNCs add to the host country GDP through their spending, for example with local suppliers and through capital
Select the correct answer.
Which legislation is the most recent piece of consumer protection legislation?
Consumer Bill of Rights
Fair Credit Reporting Act
Dodd-Frank Wall Street Reform and Consumer Protection Act
Credit CARD Act
Answer:
Consumer Bill of Rights
Explanation:
True or false: one way products can be categorized is by brand.
Answer:
True
Explanation:
Hope this helps...
Trudy’s monthly expenses are outlined in the chart below. Trudy’s job pays her $36,000 annually. Determine Trudy’s DTI (debt-to-income) ratio. Trudy's Debt and Income Income: $36,000 (annually) Rent: $695 (monthly) Car Payment $265 (monthly) Student Loan $200 (monthly) Credit Cards $160 (monthly) a. 28% b. 35% c. 37% d. 44% Please select the best answer from the choices provided A B C D
Answer:
d. 44%
Explanation:
Calculation to determine what DTI ratio is
First step is to calculate the Debt
Using this formula
Debt = (Rent expense + Carr payment + Loan + Credit card payment) × Number of months in a year
Let plug in the formula
Debt =[($695 + $265 + $200 $160) × 12 months]
Debt= $1,320 × 12 months
Debt = $15,840
Now let calculate DTI ratio using this formula
Using this formula
Debt to income ratio = (Debt) ÷ (Income) × 100
Let plug in the formula
DTI ratio=[ ($15,840 ÷ $36,000) × 100]
DTI ratio=0.44*100
DTI ratio= 44%
Therefore DTI ratio is 44%
Answer:
I found the missing data:
Monthly expenses:
rent is $695
car payment is $265
student loan's $200
credit cards $160
695 + 265 + 200 + 160 = 1,320
1,320 * 12 months = 15,840
Debt-to-Income ratio = 15,840 / 36,000
Debt-to-Income ratio = 0.44
Trudy's DTI ratio is d. 44%
Explanation:
All credit to BlueSky06 for this answer.
What happens if you make a mistake on your tax return?.
you spend the rest of your life paying off debt then hand it down to your unborn children to deal with :)
According to Herzberg's two-factor theory, dissatisfaction results from the:
Question 16 options:
A)
absence of hygiene factors.
B)
presence of motivating factors.
C)
Pygmalion effect.
D)
lack of need for affiliation.
According to Herzberg's two-factor theory, dissatisfaction results from the absence of hygiene factors.
Hygiene factors, also known as extrinsic factors, are elements in the work environment that, when lacking or inadequate, can lead to job dissatisfaction. These factors include things like salary, job security, working conditions, organizational policies, and interpersonal relationships.
When these factors are absent or perceived as inadequate, they can create a sense of dissatisfaction among employees. On the other hand, Herzberg's theory suggests that satisfaction and motivation in the workplace are primarily driven by motivating factors, also known as intrinsic factors. These factors are related to the nature of the work itself and include aspects such as challenging tasks, recognition, opportunities for growth and advancement, and a sense of achievement.
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Describe Gene Regulation in terms of how a car factory might control the production of various car models. Include information about the checkpoints in the process and how they dictate the outcome. Explain why having these checkpoints is important for the regulation process.
Gene regulation refers to the processes that control the expression of genes. In terms of a car factory, gene regulation can be compared to how the production of different car models is controlled through checkpoints and other mechanisms.
Checkpoints in gene regulation act like quality control checkpoints in a car factory. Just like how a car factory checks the quality of each car at different stages of production to ensure that each car meets the desired specifications, cells also have checkpoints in place to ensure that gene expression is accurate and regulated.
These checkpoints occur at various stages in the process of gene expression, including transcription, RNA processing, and translation. During transcription, the DNA is transcribed into RNA, and this process is controlled by transcription factors. These factors act like foremen in a car factory, dictating the production of different car models.
RNA processing involves the editing of RNA molecules, which are then transported from the nucleus to the cytoplasm, where they are translated into proteins. The checkpoints in this process ensure that only correctly edited RNA molecules are transported to the cytoplasm for translation.
Translation involves the conversion of RNA molecules into proteins. The checkpoints in this process ensure that only correctly translated proteins are produced, and that the proteins are produced in the correct quantities.
Gene regulation is essential because it ensures that genes are expressed in the correct cells and at the correct time, and that the resulting proteins are produced in the correct amounts. This regulation is necessary because errors in gene expression can lead to a wide range of diseases and disorders.
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This will give you 100 points so please answer fast and make it a good answer. Choose ONE of the organization structures from above: functional, divisional, or matrix.
Create an organizational chart for the internal organization of a business of your choice and assign the appropriate task to be performed to each department or individual.
Feel free to use the Internet to search for examples to use as a guide when creating your organizational chart. Be sure to include the URL links you used as resources in the space below.
Now include the following:
Identify your business or what your business sells.
State which type of organization structure you chose and why you chose that structure.
List the task(s) for each job in your organization chart.
The question tests your knowledge of Organograms and Organizational Structures. The structure used in this example is a functional organizational structure.
What is a functional organizational structure?Organizational Structures are the way businesses and organizations are organized.
Functional organizational structures are arranged or organized according to the functions that are available in the various departments of such an organization.
The organization structure attached is for revenue service. This structure is best for this kind of organization because it deals mostly with professional services that are intangible.
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Answer:
Explanation:
The question tests your knowledge of Organograms and Organizational Structures. The structure used in this example is a functional organizational structure.
What is a functional organizational structure?
Organizational Structures are the way businesses and organizations are organized.
Functional organizational structures are arranged or organized according to the functions that are available in the various departments of such an organization.
The organization structure attached is for revenue service. This structure is best for this kind of organization because it deals mostly with professional services that are intangible.
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The question tests your knowledge of Organograms and Organizational Structures - 1
With fixed costs of $10,000 per month and variable costs of $2 per unit, Blake reported a monthly profit of $4,000 at a volume of 8,000 units. The unit selling price was:
The unit selling price for Blake's product was $3.75 per unit.
To calculate the unit selling price, follow these steps:
1. Determine the total costs: Fixed costs ($10,000) + Variable costs ($2 × 8,000 units) = $26,000.
2. Calculate the total revenue: Total revenue - Total costs = Monthly profit; Total revenue - $26,000 = $4,000; Total revenue = $30,000.
3. Find the unit selling price: Total revenue / Volume of units = Unit selling price; $30,000 / 8,000 units = $3.75 per unit.
So, at a volume of 8,000 units with fixed costs of $10,000 per month and variable costs of $2 per unit, Blake achieved a monthly profit of $4,000 with a unit selling price of $3.75.
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Under the temporal method, how would cost of goods sold be remeasured? A) Beginning of the year rate. B) Average rate. C) Current rate. D) A single historical rate. E) Historical rates.
Under the temporal method cost of goods sold be remeasured is E) Historical rates.
Under the temporal method, the cost of goods sold (COGS) is remeasured using different exchange rates depending on the nature of the inventory.
The temporal method is used to translate financial statements of foreign subsidiaries into the reporting currency of the parent company. It classifies assets and liabilities into monetary and non-monetary items.
For the COGS, the remeasurement depends on whether the inventory is considered monetary or non-monetary:
Monetary Inventory: If the inventory is considered monetary (e.g., cash, accounts receivable, marketable securities), it is remeasured using the current exchange rate at the balance sheet date. This is because monetary items are already expressed in terms of a monetary unit.Non-monetary Inventory: If the inventory is considered non-monetary (e.g., raw materials, finished goods), it is remeasured using historical rates. The specific historical rate used may vary based on the temporal method applied (such as the historical rate at the time of acquisition, the historical rate at the time of production, or a weighted average historical rate).Therefore, the answer to your question would be: E) Historical rates.
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a mindset characteristic often seen in expert entrepreneurs that accelerates learning-through-action is described as
A mindset characteristic often seen in expert entrepreneurs that accelerates learning-through-action is a "bias for action." This mindset reflects a proactive and hands-on approach to problem-solving and decision-making.
Expert entrepreneurs with a bias for action prioritize taking tangible steps and making progress over excessive planning and analysis. They understand that real-world experience and feedback are essential for learning and improving their entrepreneurial endeavors. By embracing a bias for action, expert entrepreneurs quickly test their ideas, products, and services in the market, gaining valuable insights and feedback that guide their iterative learning process. They understand that action enables them to gather valuable data, identify potential obstacles or opportunities, and make necessary adjustments along the way. Rather than getting paralyzed by overthinking or fear of failure, they embrace a "learn fast, fail fast" mentality, using each experience as a stepping stone towards their ultimate success.
This mindset characteristic fuels continuous improvement and innovation. It encourages entrepreneurs to take calculated risks, learn from both successes and failures, and iterate their strategies based on real-world feedback. By embracing a bias for action, expert entrepreneurs build a culture of learning, adaptability, and resilience, accelerating their growth and increasing their chances of entrepreneurial success.
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The article discusses three core financial implications of the business model. What are the three core financial implications, and explain each in a sentence or two. (6 points)
Answer:
Three core financial implications of the business model are:
1) Profitability of the business model: Profit is the difference between the output value (Sales or Service Revenue) and the input value (Cost of goods sold and expenses).
2) Required Assets for the business model: Each business model dictates the investments in assets that will be required to generate returns. Some businesses require large assets investments while others are less capital-intensive and as a result require less capital, but perhaps more labor. An example is an IT industry that provides software services. The capital outlay is not usually large unlike in the case of a computer hardware manufacturing entity.
3) The growth speed is another important factor that determines the outcome of each business model. Some business models are based in high-growth industries. The risk for such industries and business models is that the rate of extinction is also very high. There will always be a higher constant need for renewal in high-growth industry than in a low-growth and more sustainable industry. Growth factor is an important ingredient in determining the business model to adopt.
Explanation:
Business models are different, from one industry to another, and from one firm to another. As the company's core strategy for achieving profitability, business models are based on two core levers of pricing and costs. These dictate if a business model will succeed or not.
Once a marketing campaign is executed, it should be ________________ for effectiveness.
- evaluated
- created
- engineered
- designed
Answer:
evaluated
Explanation:
To evaluate is to carefully and skillful determine the merits, benefits, significance, nature, character, or relevance of something or someone. The process of evaluation highlights the strengths of the subject matter and reveals its weaknesses.
Evaluating a marketing campaign will determine its level of success and point out areas that need improvement.
3. ______ are defined as goods or services that are required for health and safety.
Occupational Health and Safety are defined as goods or services that are required for health and safety. Information standards are guidelines governing the information that must be provided to consumers when they purchase specific goods.
What is the safety of goods?A safe product is one that delivers either no risk or a minimum tolerable level of risk, taking into account the product's typical or reasonably foreseeable use and the need to maintain a high level of consumer protection.
Occupational health and safety is a multidisciplinary discipline that deals with all elements of workplace health and safety, with a heavy emphasis on preventing workplace dangers.
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What three knowledge areas comprise the triple constraint of project management?A. Concept, development, implementation, and close-out phasesB. CompTIA's Project + Certification and PMI's CAPM CertificationC. CompTIA's Project + Certification and PMI's CAPM CertificationD. Scope Management, Cost Management, Time Management
The triple constraint of project management refers to the three key knowledge areas that are considered interdependent and must be managed together to achieve project success. These three areas are:
D. Scope Management, Cost Management, Time Management
These three areas form the foundation of project management and are critical to ensuring that the project is completed on time, within budget, and meets the desired scope and quality objectives.
Scope management involves defining the project's objectives, requirements, and deliverables, and ensuring that they are met throughout the project.
Cost management involves estimating, budgeting, and controlling costs throughout the project.
Time management involves developing a project schedule, tracking progress, and ensuring that the project is completed on time.
Together, these three areas are known as the "triple constraint" because they are interdependent, and a change in one area will likely affect the other two areas.
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Assume that you have built a very good combustion system for gas
turbine but you are still producing 20 PPM of NOx from your
combustion system. Due to environmental issues, you are aiming to
reduce th
Despite having a well-designed combustion system for a gas turbine, it is still producing 20 parts per million (PPM) of NOx emissions. To address environmental concerns, the goal is to reduce the NOx emissions further.
Reducing NOx emissions from a combustion system is a significant environmental challenge. There are several approaches that can be taken to achieve this goal:
Optimization of Combustion Parameters: Fine-tuning the combustion parameters such as air-to-fuel ratio, temperature, and residence time can help minimize NOx formation. By carefully adjusting these parameters, it is possible to create conditions that promote more complete combustion and reduce the formation of nitrogen oxides.
Introduction of Low-NOx Technologies: Implementing advanced combustion technologies such as staged combustion, lean premixed combustion, or water/steam injection can significantly reduce NOx emissions. These technologies involve modifying the combustion process to control temperature and oxygen availability, thereby suppressing the formation of nitrogen oxides.
Selective Catalytic Reduction (SCR): Installing an SCR system can further reduce NOx emissions. SCR involves injecting a reducing agent, typically ammonia or urea, into the exhaust gas stream. The catalyst within the SCR system then reacts with the reducing agent to convert NOx into nitrogen and water, resulting in a substantial reduction in emissions.
By combining these strategies and potentially exploring other innovative approaches, it is possible to achieve a significant reduction in NOx emissions from the gas turbine combustion system. Continuous monitoring and optimization of the system's performance, as well as compliance with relevant environmental regulations, will be essential in achieving the desired environmental goals.
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When a tax is placed on the sellers of cell phones,
A. the size of the cell phone market and the price paid by buyers both increase.
B. the size of the cell phone market increases, but the price paid by buyers decreases.
C. the size of the cell phone market decreases, but the price paid by buyers increases.
D. the size of the cell phone market and the price paid by buyers both decrease.
When a tax is placed on the sellers of cell phones, the size of the cell phone market decreases, but the price paid by buyers increases.
With a tax on a good, consumers pay more, sellers are paid less, and there are fewer sales overall. The tax has the effect of shifting the quantity toward a position where the difference between the before-tax demand and the before-tax supply equals the tax.
A tax raises a buyer's price by more than the tax itself. Similar to that, the price the seller receives decreases, although only little. A tax increase has no impact on the demand curve and has no effect on how elastic supply and demand are.
The correct answer is option C.
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How important is money
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.
why is workplace diversity so important in today’s business environment?
Answer:
Explanation:
Workplace diversity is important for several reasons in today's business environment:
Improved Decision Making: A diverse workplace brings together individuals with different perspectives, experiences, and backgrounds, leading to better decision making and problem solving.
Increased Creativity and Innovation: A workplace with a mix of different perspectives can lead to new and innovative ideas, and a more creative approach to problem solving.
Better Representation of Customer Base: A diverse workplace can help to better reflect the demographics of a company's customer base, leading to a better understanding of their needs and preferences.
Enhanced Reputation: Companies that are known for promoting diversity and inclusion are often viewed more favorably by both customers and employees, and may have an advantage in attracting and retaining top talent.
Improved Employee Satisfaction and Retention: A workplace that values diversity and provides equal opportunities for all employees can lead to a more positive and inclusive work environment, resulting in higher levels of employee satisfaction and reduced turnover.
Legal Compliance: Promoting diversity in the workplace is also important from a legal perspective, as there are laws and regulations in place to prevent discrimination in the workplace.
Overall, workplace diversity helps to create a more inclusive and productive work environment, which can lead to increased success for the business.
please use US TAX laws
One of Samuel’s employees was injured on the job in December. The worker’s compensation claim was filed on December 28, 2021, but Samuel did not make the worker’s compensation payment to the injured employee until January 15, 2022, when all of the medical paperwork was submitted and reviewed. Samuel does not use the recurring item exception. When can Samuel deduct the worker’s compensation payment, and why?
He should deduct the worker's compensation payment on his 2022 tax return, the year the payment was actually made.
samuel can deduct the worker's compensation payment on his 2022 tax return. this is because, according to the accrual method of accounting, expenses are deductible in the year they are incurred and become fixed and determinable. in this case, the worker's compensation claim was filed in december 2021, but the payment was made in january 2022 when all necessary paperwork was processed. since the payment was made in the subsequent year and there is no recurring item exception being used, samuel should deduct the payment on his 2022 tax return.
in the united states, business generally use either the cash method or the accrual method of accounting to determine when to report income and deduct expenses for tax purposes. under the accrual method, expenses are deductible in the year they are incurred and become fixed and determinable, even if the payment is made in a later year.
in this scenario, the worker's compensation claim was filed in december 2021, which indicates that the liability for the payment was incurred in that year. however, samuel did not make the payment until january 15, 2022, as he needed time to review the medical paperwork. since the payment was made in the subsequent year, samuel must follow the accrual method and deduct the worker's compensation payment on his 2022 tax return.
it's important to note that there is a recurring item exception available under the accrual method, which allows businesses to deduct certain recurring expenses in the year before or after the payment is made. however, based on the information provided, it is stated that samuel does not use the recurring item exception.
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Do you think you would invest in an individual bond or bond fund? Both? Neither? Explain why.
need asap
I would invest in bond funds which is a collection of funds since its risks are distributed, unlike an individual bond.
Bond funds
A bond fund is a mutual fund with various maturity periods. Examples of bond funds are government bonds, corporate bond funds, etc.
A minimum amount for investment is accepted with bond funds.Bonds easily provide diversification while the interest can be received directly by the investor on a monthly basis.The bond funds investment is managed by professionals.The risk of bond funds is lower and distributed.Hence, investment in bond funds is more profitable.
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you're the manager at company x and have been tasked with creating a plan that has the purpose of establishing specific objectives. this represents _____ planning
a. strategic
b. tactical
c. operational
d. contingency
Suppose that research finds a link between high fructose corn syrup (HFCS) and obesity, which then leads American consumers to switch from HFCS products to pure cane sugar products. The graphs show the markets for cane sugar in Haiti and the United States before the studies were divulged. Shift the curves in the graphs, including the horizontal world price curve, to describe the new trade equilibrium that results after the switch in preferences of American households, and then answer the follow‑up question.
Assume that the United States and Haiti are the only non‑HFCS sugar trading parties in the world and that there are no quotas, subsidies, or tariffs distorting these markets.
The new equilibrium from the information shows that sugar cane producers in Haiti benefited.
What is equilibrium?It should be noted that equilibrium simply means balance that is when the supply of goods and demand are equal.
In this case, in the situation of free trade, the world price line is a horizontal lines. The fact that the consumers in the United States demanded more sugar cane product means that the sugar cane producers in Haiti benefited.
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Answer:
On the US graph the domestic demand shifts right to show the increased demand for cane sugar. The world price also increases one notch, which applies to both graphs. No other changes are made to the graphs.
The cane sugar producers in Haiti benefit.
Explanation:
As American consumers move their consumption away from products sweetened with HFCS towards those with cane sugar, domestic demand for cane sugar in the United States shifts to the right.
To have an equilibrium with trade, imports must equal exports. Therefore, the international price of sugar moves up until the excess demand (shortage) of sugar in the United States equals the excess supply (surplus) in Haiti. Since only the price of the good has changed, there are movements along the supply curves and Haiti's domestic demand curve, but these curves themselves do not shift. The surplus of 6000 pounds of sugar that Haiti exports is equal to the shortage of 6000 pounds of sugar that the United States imports.
To determine who is better‑off because of the increase in U.S. demand, consider whether or not the higher price is good for the individuals in each country.
Producers are better‑off, since the higher price of sugar increases their producer surplus. This is true for both producers in the United States and those in Haiti.
Consumers in Haiti face a higher price of sugar, so their consumer surplus decreases, meaning that consumers in Haiti are worse off because of the price increase.
Homework: Assign #14 Ch 5 Question 4, Problem 5.19 HW Score: 30%, 3 of 10 points O Points: 0 of 3 Save MacDonald Products, inc, of Clarkson, New York, has the option of (a) proceeding immediately with production of a new top-of-the-line stereo TV that has just completed prototype testing or 0 having the value analysis team complete a study Ed Lusk, VP for operations, proceeds with the existing prototype (option a), the firm can expect sales to be 95,000 units at $540 each, with a probability of 0.79 and a 0.21 probability of 65,000 at $540, it, however, he uses the value analys team (option b), the firm expects sales of 75.000 units at $710, with a probability of 0.63 and a 0.37 probability of 65.000 units at $710. Value engineering, at a cost of $115,000, is only used in option b. Which option has the highest expected monetary value (EMV The EMV for option is and the EMV for option bis Therefore, option has the highest expected monetary value (Enter your responses as integers)
The Expected Monetary Value (EMV) of each option is calculated using the following formula: EMV = Probability *
Monetary Value Here, EMV for option a is EMV = (0.79 * $540 x 95,000) + (0.21 * $540 x 65,000) = $45,216,000 EMV for option b is EMV = (0.63 * $710 x 75,000) + (0.37 * $710 x 65,000) - $115,000 = $43,465,000
Therefore, the EMV for option a is $45,216,000, and the EMV for option b is $43,465,000. Option a has the highest expected monetary value (EMV).
Therefore, the correct answer is: Option a has the highest expected monetary value (EMV). EMV for option a is $45,216,000. EMV for option b is $43,465,000.
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