Compare the tourism industry between Thailand and Malaysia. What are the main differences. Please provide me with a detailed explanation. (market structure)
Both Thailand tourism and Malaysian tourism operate under an oligopoly market structure: the main features are :
1. It is ruled by few firms
2. They are price makers
3. They don’t allow others to penetrate
4. They compete on the basis of price; quantity or anyone
Detailed explanation Please

Answer:

(a) To calculate the budgeted cost of goods sold, we need to use the following formula:

Beginning Inventory of Raw Materials + Purchases of Raw Materials - Ending Inventory of Raw Materials + Direct Labor + Manufacturing Overhead = Total Manufacturing Costs

$0 (assuming no beginning inventory of raw materials) + $145,000 - $15,000 + $40,000 + $73,000 = $243,000

Then, we can use the following formula to calculate the budgeted cost of goods sold:

Total Manufacturing Costs + Beginning Finished Goods Inventory - Ending Finished Goods Inventory = Cost of Goods Sold

$243,000 + $0 - $0 = $243,000

Therefore, the budgeted cost of goods sold is $243,000.

(b) Using the information above, we can prepare a budgeted income statement for the year ending December 31, 2014 as follows:

WE Company

Budgeted Income Statement

For the Year Ending December 31, 2014

Sales $350,000

Cost of Goods Sold $243,000

Gross Profit $107,000

Selling and Administrative Expenses $36,000

Depreciation $1,000

Interest Expense $1,000

Income before Taxes $69,000

Income Tax Expense $20,700

Net Income $48,300

(c) Using the information above, we can prepare a budgeted balance sheet as of December 31, 2014 as follows:

WE Company

Budgeted Balance Sheet

As of December 31, 2014

Assets

Cash TBD

Accounts Receivable TBD

Inventory of Raw Materials $15,000

Finished Goods Inventory TBD

Total Assets TBD

Liabilities and Stockholders' Equity

Accounts Payable TBD

Note Payable TBD

Stockholders' Equity TBD

Total Liabilities and Stockholders' Equity TBD

To complete the budgeted balance sheet, we need additional information such as the amount of cash, accounts receivable, finished goods inventory, note payable, and stockholders' equity.

The only source of funding for the public funding scheme is the tax checkoff.

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Answer:i THINK num one is C

i THINK num two is B

i THINK num three is D but im not as confedent as the other two.

Explanation:

The number of jackets that can be bought at the sales price if s shopper spent $495 is 11.

A discount is when the price of an item is reduced by a certain percentage. After a discount, an item becomes cheaper.

The first step is to determine the price of the jacket after the discount has been applied.

Price after the discount = (1 - discount) x price of the jacket

Price after the discount = (1 - 0.40) x $75

Price after the discount = 0.60 x $75

Price after the discount = 45

In order to determine how many jackets that can be bought, divide the total amount the shopper took by the discounted price of the jacket.

Number of jackets that the shopper can buy = total amount spent / discounted price of the jacket

Number of jackets that the shopper can buy = $495 / $45

Number of jackets that the shopper can buy = 11

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a. The number of different Executive Steering Committees possible, when the order of selection does not matter, can be calculated using combinations.

In this case, we want to select 5 managers from a pool of 18 managers. The formula for combinations is given by C(n, r) = n! / (r! * (n-r)!), where n is the total number of items and r is the number of items to be selected. Applying this formula, the number of different Executive Steering Committees is:

C(18, 5) = 18! / (5! * (18-5)!) = 8568

b. When the order in which the managers are selected for the various committee positions matters, we need to consider permutations. In this case, we have 18 choices for the first position, 17 choices for the second position, 16 choices for the third position, and so on, until 14 choices for the fifth position. Therefore, the number of possible Executive Steering Committees is:

18 * 17 * 16 * 15 * 14 = 14,3640

c. To calculate the number of possible outcomes (sets of five numbers) in the lottery game, where the order of the numbers does not matter, we again use combinations. We want to select 5 numbers from a pool of 24 numbers. Applying the combinations formula:

C(24, 5) = 24! / (5! * (24-5)!) = 42,504

d. Since there is only one winning combination and the player purchased one lottery ticket, the probability of winning the lottery can be calculated by dividing the number of favorable outcomes (1) by the total number of possible outcomes (42,504):

Probability = 1 / 42,504 ≈ 0.0000235

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Answer:

Explanation:

A written contract granting permission to operate a business to sell products and services in a prescribed way. franchise.

Answer: See explanation

Explanation:

There are a number of reasons for the reduction in the power of unions in the last few decades.

One reason attributed to this is due to the shift in the composition of the economy of the United States. Nowadays, there are more people whom work in the service industries, and these sector usually have lower unionization rate.

Also, there is a reduction in the number of unions in the ndustrial sector. Some states have a right to work laws in place which has also led to reduction in the power of the unions.

Lastly, thecemployer reactions are also a contributory factor as they're more aggressive so as to keep unions from their companies.

Answer:

earning of foreign and upliftment of the host country.

Explanation:

as a bussiness expands into other countries the profits it makes if it becomes successful are retained back to the host country as retained profits and this changes the economy as government earns part pf the revunue due to the tax earnings

Answer: wrong it is estate taxes

Explanation:

The most likely event happened to the other $300,000 that It was used to cover estate taxes. Thus last option is correct.

Estate Tax refers to the form of the tax in which a charge placed on a property owner's ability to transmit their possessions to others after passing away that takes the shape of a percentage of their taxable estate.

According to the above situation, the death of the Lavonda’s grandmother led to the implementation of the Estate Tax on her wealth of $1,000,000.

Therefore, the taxable estate to be included is  $300,000. Thus last option is correct.

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A major medical problem that can arise from a very low-fat diet is essential fatty acid deficiency. Essential fatty acids, such as omega-3 and omega-6 fatty acids, play crucial roles in the body, including maintaining healthy cell membranes, supporting brain function, and regulating inflammation. These fatty acids cannot be synthesized by the body and must be obtained through the diet.

A very low-fat diet may not provide sufficient amounts of essential fatty acids, leading to a deficiency. Symptoms of essential fatty acid deficiency can include dry and scaly skin, poor wound healing, impaired immune function, hormonal imbalances, and cognitive issues.

Additionally, a very low-fat diet may result in too little dietary fiber. Dietary fiber is essential for maintaining a healthy digestive system, promoting regular bowel movements, and preventing conditions like constipation and diverticulosis. Insufficient fiber intake can lead to digestive issues, including bloating, irregularity, and a higher risk of developing certain gastrointestinal disorders.

Furthermore, a low-fat diet may lack satiety, as fat contributes to feelings of fullness and satisfaction after a meal. Without an adequate amount of fat in the diet, individuals may experience increased hunger, difficulty maintaining a healthy weight, and potential nutrient deficiencies if they cannot consume enough nutrient-rich foods to compensate for the lack of fat.

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Answer:

Netsuite

Hope this answer helps you :)

Have a great day

mark brainliest

True. Ricardian equivalence can fail due to finite lifespans, uncertainty about the future, distorting taxes, and intragenerational redistribution.

Ricardian equivalence is an economic theory that suggests that changes in government borrowing and debt levels have no effect on consumer behavior. However, it can fail in certain circumstances. Finite lifespans mean that individuals cannot predict the future accurately, leading to changes in lifetime wealth for those currently alive.

Uncertainty about the future undermines the assumption that individuals will save or adjust their consumption based on expected future taxes. Distorting taxes, such as progressive income tax, can create intertemporal and intragenerational redistribution, influencing individual consumption decisions.

These factors challenge the validity of Ricardian equivalence and suggest that taxation policies can have real effects on consumer behavior and resource allocation.

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The motivation theory that emphasizes managers making meaningful goals that employees agree to meet in order to improve motivation and productivity among employees is B. Management by Objectives.

This approach, introduced by Peter Drucker, focuses on setting specific objectives and goals that are agreed upon by both managers and employees. It involves a participative process where employees are given the opportunity to contribute their ideas and suggestions for goal-setting.

By involving employees in the goal-setting process and ensuring their agreement, Management by Objectives aims to enhance motivation theory and engagement by providing a sense of ownership and responsibility for achieving the agreed-upon goals. This approach recognizes the importance of employee involvement and commitment in driving motivation and productivity within the organization.

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Secondary consumer is a person or group that does not directly consume a product or service, but influences the purchasing decisions of the primary consumer.

For example, a parent may be a primary consumer of a toy for their child, but the child's preferences and opinions may be influential in the purchasing decision. In this case, the child would be considered a secondary consumer.

Similarly, in business-to-business (B2B) marketing, a company's employees, partners, or suppliers may be considered secondary consumers if they influence the purchasing decisions of the primary consumer, which is typically the company itself.

Identifying and understanding the needs and preferences of secondary consumers can be an important aspect of marketing and business strategy, as their influence can play a significant role in the success or failure of a product or service.

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Visit the Web site for a different well-known company, and find the section that lists the company's values.

I looked through the Microsoft.com company website.

Innovation, diversity and inclusion, CSR, AI, reliable computing, respect, integrity, and accountability are among the core principles highlighted.

Microsoft provides a wide range of goods and services, and all of its values are consistent with the work the business does.

This is not surprising to me because the corporation makes this point in its advertising and other materials.

Among the mentioned core values are;

Technology can and should be a force for good, and we believe that significant innovation can and will make the world a better place in both large and little ways.

Diversity and inclusiveness are important to our success. To enlighten, challenge, and push our thinking, we draw on the strengths, experiences, and many points of view of our customers and staff.

AI - Our belief is that AI can enhance your talents, free you up to engage in more creative and strategic activities, and assist you or your organization in achieving more when it is created with humans at the heart.

They acknowledge full accountability for all choices, deeds, and outcomes. Therefore, Microsoft provides a wide range of goods and services, and all of its values are consistent with the work the business does.

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Answer:

A

Explanation:

a) i) Only one member. A company with only one member can constitute a valid quorum by the sole member's presence, either in person or by proxy. ii) Two or more members. A company with two or more members can constitute a valid quorum by the presence of at least two members.

b) The minimum number required to establish a quorum for a company meeting must be stated in the company's articles of association, as per Section 321 of the Companies Act 2016.

(a) (i) Only one member. A company with only one member can constitute a valid quorum by the sole member's presence, either in person or by proxy. This is known as a one-man show and is the norm for single-member companies.

(ii) Two or more members. A company with two or more members can constitute a valid quorum by the presence of at least two members. If the company has more than two members, the company's articles of association may specify a higher number for the quorum at meetings.

(b) The Companies Act 2016 states that a quorum for a company meeting can only be established if the following conditions are met:

Members of the company entitled to vote are present, either in person or by proxy, at the meeting, and The number of votes cast by members of the company who are present, either in person or by proxy, is at least the minimum required by the company's articles of association.

The minimum number required to establish a quorum for a company meeting must be stated in the company's articles of association, as per Section 321 of the Companies Act 2016.

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A- The profit maximizing output level for the given firm is y ≈ 3.574 and the profit is π ≈ 6.528, b- When the original firm is divided into two equal-size smaller firms, total profit will be twice the profit of the original firm.

The profit maximization problem is: Maximize π = py - w1x1 - w2x2 with respect to x1 and x2.

Substituting the production function y = f(x1, x2) = 2x₁⁰.²⁵ x₂⁰.²⁵ and given prices p = 8, w1 = 2, and w2 = 4, we get:

π = 8(2x₁⁰.²⁵ x₂⁰.²⁵) - 2x₁ - 4x₂

Differentiating with respect to x1 and x2 and setting equal to zero, we get:

∂π/∂x₁ = 4x₁⁻.²⁵ x₂⁰.²⁵ - 2 = 0

∂π/∂x₂ = 4x₂⁻.²⁵ x₁⁰.²⁵ - 4 = 0

Solving these two equations simultaneously, we get:

x₁ = (2/x₂)⁴ = 1.681

x₂ = (1/x₁)⁴ = 3.363

Therefore, the profit-maximizing output level is:

y = f(x₁, x₂) = 2x₁⁰.²⁵ x₂⁰.²⁵ ≈ 3.574

The profit is:

π = py - w1x1 - w2x2 = 8(3.574) - 2(1.681) - 4(3.363) ≈ 6.528

b- If the original firm is divided into two equal-size smaller firms, each firm will have the same input prices as the original firm and will produce at a profit-maximizing output level of 4. As the production function exhibits constant returns to scale, the total profit of the two smaller firms will be twice the profit of the original firm, which is 32.

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The relative importance of these factors can vary depending on the specific context and stage of development. Additionally, there may be other factors that could also contribute to development, such as political stability, social cohesion, and technological advancements.

The most important factor for development in economics can vary depending on the context and perspective. However, there are several key factors that are commonly recognized as influential in promoting development.

1. Human capital: The knowledge, skills, and education of individuals within a society play a crucial role in development. Investing in education, healthcare, and vocational training can enhance human capital and contribute to economic growth.

2. Infrastructure: Adequate infrastructure, such as transportation networks, communication systems, and power supply, is essential for economic development. It facilitates the movement of goods, services, and information, and creates an environment conducive to business activity.

3. Institutions and governance: Strong institutions and good governance are vital for development. Transparent and efficient governance, rule of law, protection of property rights, and a fair legal system create an enabling environment for economic activities and attract investment.

4. Access to capital and finance: Availability of credit and financial services is crucial for entrepreneurs and businesses to start and expand their operations. Access to capital enables investment in new technologies, machinery, and innovation, fostering economic growth.

5. Natural resources: The abundance and sustainable management of natural resources can contribute to development. Proper utilization and conservation of resources, combined with responsible environmental practices, can generate income, employment, and export revenues.

6. Trade and globalization: Engaging in international trade and participating in the global economy can provide opportunities for growth and development. Trade allows countries to specialize in producing goods and services in which they have a comparative advantage, leading to efficiency gains and increased prosperity.

It is important to note that the relative importance of these factors can vary depending on the specific context and stage of development. Additionally, there may be other factors that could also contribute to development, such as political stability, social cohesion, and technological advancements.

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In "Economics Focus: Roots of Development," the most important factor for development can vary depending on the context like education, infrastructure, and institutions.  Development is a complex and multifaceted process, requiring a comprehensive approach.

1. Education: Access to quality education plays a crucial role in development. It equips individuals with knowledge and skills, enabling them to participate in the economy and contribute to growth. Countries with higher literacy rates tend to have better economic outcomes. For example, investing in education can lead to a more productive workforce, technological advancements, and innovation.

2. Infrastructure: Adequate infrastructure, such as transportation networks, power supply, and communication systems, is vital for economic development. It facilitates trade, reduces transaction costs, and attracts investments. For instance, well-built roads and ports can boost exports and attract foreign direct investment, leading to economic growth.

3. Institutions: Strong institutions, including transparent governance, rule of law, and property rights protection, are crucial for development. They provide a stable environment for businesses to operate and ensure accountability and fairness. Countries with well-functioning institutions tend to have higher levels of trust and investor confidence.

While these factors are essential, it's important to note that the specific combination and prioritization may differ based on each country's unique circumstances.

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Annual elasticity is more elastic (since firms can switch to other production methods or lower-cost inputs quicker in the long run, compared to in the short run), and the annual supply curve is flatter.

A supply curve constitutes a graph that depicts how the quantity that a vendor supplies is impacted by changes in the selling price of an item or service. The horizontal x-axis shows the quantity supplied, and the vertical y-axis shows the price.

The supply curve changes to the right when the alteration in supply is higher and to the left when the increase in supply is lower.

Using the midpoint method,

Elasticity (Es) = [(Q1 - Q0) / (Q1 + Q0)] / [(P1 - P0) / (P1 + P0)]

= \([(210,000 - 200,000) / (210,000 + 200,000)] / [(7.5 - 5) / (7.5 + 5)]\)

= \((10,000 / 410,000) / (2.5 / 12.5)\)

= \(0.12\)

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(A). The  two possible reasons why the relative importance of primary output has fallen were Natural resources and  The tertiary sector's production.

All materials acquirable in our state of affairs that are technologically accessible, economically accomplishable, and culturally property that assist us to satisfy our needs and desires are referred to as plusses. Resourcefulnesses are divided into two types based on their availability.

As the two possible reasons are as follows.

Natural resources -  As in the primary sectors, the production has fallen and lose the significance. As the inability of the secondary and the Tertiary sectors.

Tertiary sector's production -  As in the tertiary sector's production, there was the increasing of the value. As there was the result that consumers will spend a large percentage.

Therefore, As a result, the above are the  two possible reasons if primary output has fallen.

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Answer:

A

Explanation:

I think is it

If the expected inflation rate is 2 percent, the expected real interest rate is 3%.

Using this formula

Expected real interest rate=Nominal interest rate-Expected inflation rate

Where:

Nominal interest rate=5%

Expected inflation rate=2%

Let plug in the formula

Expected real interest rate=5%-2%

Expected real interest rate=3%

Inconclusion if the expected inflation rate is 2 percent, the expected real interest rate is 3%.

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Option (e), Line departments in a horizontal structure deal directly with the principal products or services of the company; they produce products, sell products, or offer customer service.

A horizontal organizational structure is one with a minimal amount of hierarchical levels. These buildings are also referred to as "flat" ones. A common feature of these companies is the use of cross-functional teams. To learn more, see to Understanding Organizational Structures.

Line organizational structures are among the most basic forms of organizations. From top to bottom, its force is dispersed. Unlike other forms, these organizations do not offer specialized or auxiliary services. Their different departments are under the direction of the chain of command and each department head.

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Answer:

€4.1635

Explanation:

The current market is worth €1.85m

In the next three years , it will increase by 225%

The value in three years time will be 225% of €1.85m

=225/100 x €1.85m

=2.25 x €1.85m

= €4.1635

Applying the critical thinking method recognized Being referred to 1.3.1 can be a significant methodology for tending to complex business issues. Here are a few stages you can take to use this procedure: are Characterize the issue , Accumulate important data, Investigate the issue, Create likely arrangements, Assess and focus on arrangements successfully

complex business issues An illustration of a perplexing issue is bringing up a kid. Each youngster is interesting. You gain from bringing up one kid, however the following kid might require an alternate methodology. With complex issues like bringing up a kid, the result is Accumulate questionable Basic issues are settled by simply keeping clear guidelines  there's just a single arrangement and it's natural.

Convoluted spaces are ones where the guidelines are known and unsurprising  yet the standards are critical and can't be instinctually perceived without some preparation.

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When trade is based on comparative advantage, both trading partners end up better off than when there is no trade. The correct option is B.

Comparative advantage is an economic principle that explains the advantages of specializing in a single activity and trading with others for the goods and services they specialize in. Comparative advantage is a theoretical economic concept that explains how two countries can benefit from trade with one another.

The two nations gain from trading as long as one country's opportunity cost of producing a good is lower than the others. In the production of a good or service, comparative advantage is the capacity to generate a commodity at a lower cost than others. It can be achieved through the use of a lower cost of labor, raw materials, or technology, among other things.

Benefits of trade based on comparative advantage are: The benefits of trade based on comparative advantage are that both countries are better off, and the global economic pie is larger. In both countries, the cost of goods decreases, and productivity and employment are boosted.

This allows for the greatest possible use of resources and the best outcomes for both trading partners, resulting in a better world for everyone.

the correct option is B.both trading partners end up better off than when there is no trade.

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Option C. The solution that would tell us the valid claim based on the money supply in the economy is that The Fed should be controlled by the people, as money supply changes should be publicly voted upon.

The total amount of money—cash, coins, and balances in bank accounts—in circulation is known as the money supply. The money supply is typically understood as a collection of secure assets that individuals, businesses, and governments can use to make payments or hold as short-term investments.

The term "money supply" refers to both the population's access to and the amount of money that can be used in a nation's economy. Bank-held demand deposits and currency are the two halves of the supply of money. Coins and paper money are the two forms of currency that are produced.

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Answer:

 The Fed is essential to a stable economy, as an unregulated money supply can spike inflation.

Explanation:

just took the test

If an embargo is placed by England on France, England will produce more bread and France will produce more cheese.

A country has comparative advantage in production of a good if it produces at a lower opportunity cost when compared with other countries. Opportunity cost is the cost of the next best option forgone when one option is chosen over other options.

A country that has a comparative advantage in the production of a good should produce that good and import the goods for which it does not have a comparative advantage in its production.

If an embargo is placed, countries would not be able to trade so they would have to increase the production of goods they would have otherwise imported.

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