At point A, the slope of the budget line represents the opportunity cost or relative price of good Y in terms of good X.
The slope of the indifference curve represents the marginal rate of substitution between good X and good Y, or the rate at which a consumer is willing to trade one good for another while remaining indifferent.
From the graph, it can be seen that the slope of the budget line is steeper than the slope of the indifference curve at point A, which indicates that the opportunity cost of consuming good Y is relatively high compared to the marginal rate of substitution between good X and good Y. This means that the value of good Y in exchange is higher than its value in consumption, and the consumer is willing to give up relatively more of good X to consume an additional unit of good Y.
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a. In 2015 , Bilal had a monthly salary of $4,166.5. Assume 2015 is the base year. In 2018 , the CPI went up to 106.3. His monthly salary in 2018 was $4,800. Did the purchasing power of Bilal go up? Please show calculations and explain your answers (2) b. In 2008 , there was a major housing mortgage crisis in the U.S. economy which eventually led to recession. At that time, there was a GDP Gap or loss of 10.75%. The natural rate of unemployment in 2008 was 5.1%. What was the unemployment rate in 2008 in the U.S.? c. Germany's current inflation rate of 1.8% and France"s current inflation rate is 1.3%. Using the rule of 70 , which country will first experience doubling of prices of goods and services? \$how calculations
In this case, the base year is 2015, so we'll use the salary in 2015 ($4,166.5) and the CPI in 2018 (106.3) to calculate the adjusted salary in 2018.The formula is:Adjusted Salary in 2018 = $4,166.5 * 106.3 / 100 = $4,423.05
Comparing the adjusted salary in 2018 ($4,423.05) with Bilal's actual salary in 2018 ($4,800), we can see that his salary increased more than the adjustment for inflation. Therefore, the purchasing power of Bilal increased between 2015 and 2018.
b. The GDP Gap represents the difference between the actual Gross Domestic Product (GDP) and the potential GDP. In 2008, there was a GDP Gap or loss of 10.75%, which means the actual GDP was 10.75% lower than the potential GDP. The natural rate of unemployment, also known as the Non-Accelerating Inflation Rate of Unemployment (NAIRU), represents the unemployment rate at which inflation remains stable. In 2008, the natural rate of unemployment was 5.1%.
To calculate the unemployment rate in 2008, we need to add the GDP Gap to the natural rate of unemployment:
Unemployment Rate = Natural Rate of Unemployment + GDP Gap
Unemployment Rate = 5.1% + 10.75%
Unemployment Rate = 15.85%
Therefore, the unemployment rate in the U.S. in 2008 was approximately 15.85%.
c. To determine which country will first experience a doubling of prices of goods and services using the rule of 70, we divide the number 70 by the inflation rate to calculate the approximate number of years it will take for prices to double.
For Germany, with an inflation rate of 1.8%:
Approximate number of years = 70 / 1.8 = 38.89 years
For France, with an inflation rate of 1.3%:
Approximate number of years = 70 / 1.3 = 53.85 years
Comparing the two, Germany will experience a doubling of prices of goods and services sooner than France, as it will take approximately 38.89 years for prices to double in Germany, while it will take approximately 53.85 years for prices to double in France.
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Simply Imagine wants to grow their company but is hindered by increasing labor costs and import quotas.
Simply Imagine should consider becoming a(n)
(A) countertrader (B) wholly owned subsidiary (C) strategically(D) mulimatiomnal (E) franchiser
Answer:
multinational
Explanation:
A multinational business operates in at least one other country apart from its home country. The company will have factories/ offices in different countries and its headquarters in the domicile state. The operations of a multinational are coordinated at its headquarters.
By becoming a multinational, simple imagine can expand in countries with relatively cheap labor. It will overcome the import quota challenge by operating from a country without restrictions or from the source state.
ou have $10,500 and will invest the money at an interest rate of .32 percent per month until the account is worth $16,600. how many years do you have to wait until you reach your target account value?
Answer: Assuming the interest is compounded monthly, we can use the following formula to find the time it takes to reach the target account value:
A = P(1 + r/n)^(n*t)
where:
A = the target account value ($16,600)
P = the initial amount ($10,500)
r = the monthly interest rate (0.32% or 0.0032)
n = the number of times the interest is compounded per year (12)
t = the time in years
Plugging in the values, we get:
16600 = 10500(1 + 0.0032/12)^(12*t)
Simplifying and solving for t, we get:
t = log(16600/10500) / (12 * log(1 + 0.0032/12))
t ≈ 5.84 years
Therefore, it will take approximately 5.84 years to reach the target account value of $16,600 at an interest rate of 0.32% per month.
Explanation:
You have to wait for about 12 years until you reach your target account value.
To find the number of years until you reach your target account value, you can use the formula for compound interest, which is A = P(1 + r)^t, where A is the final amount, P is the principal amount, r is the interest rate, and t is the time in years. Rearranging the formula to solve for t, we get t = log(A/P) / log(1 + r). Plugging in the given values, we get:
t = log(16600/10500) / log(1 + .0032)
t = log(1.580952380952381) / log(1.0032)
t = 0.1992879035897118 / 0.0013716740077145514
t ≈ 145.2779485510692
So, it will take approximately 145.2779485510692 months, or about 12.1064957125891 years, to reach your target account value. Therefore, you have to wait for about 12 years until you reach your target account value.
Answer: 12 years.
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if the local government imposed a minimum wage of $4 in productionville, how many people would be unemployed? a. 2,000 b. 0 c. 3,000 d. 10,000
Without specific information about the current wage level, the demand for labor, and the overall economic conditions in Productionville, it is not possible to determine the exact number of unemployed people resulting from the imposition of a minimum wage of $4.
The impact of a minimum wage on unemployment depends on various factors, including the elasticity of labor demand and the wage level relative to the prevailing market rate. If the minimum wage is set too high relative to the market rate, it may lead to job losses as employers may find it difficult to afford higher labor costs. However, if the minimum wage is set closer to the prevailing market rate, the impact on unemployment may be minimal. Therefore, a precise estimation of the number of unemployed people in this scenario requires a more detailed understanding of the local labor market dynamics in Productionville.
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Which of the following choices incur speculative risk?
a.stocks
b.fire insurance on a house
c.options
d.life insurance
e.high interest savings account
Answer: correct option is A.
Explanation: A speculative risk can be defined as risk that is taken willingly either it results in profit or loss and the stocks involve in probability of gain and loss making it a speculative risk.
Stocks incur speculative risk. Therefore option A is correct.
What are Stocks?A stock usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing company. Shares, also known as units of stock, entitle their owners to a share of the company's assets and income in proportion to the number of shares they possess.
Common stock and preferred stock are the two primary categories of stocks.
Owners of common stock are entitled to dividends and the right to vote at shareholder meetings.
Common stockholders often do not have voting rights, while preferred stockholders typically get dividend payments ahead of time and are given preference over common investors in the event of a firm bankruptcy and asset liquidation.
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What is promotional Mix? And how does it benefit the customers?:
Answer:
In marketing, the promotional mix describes a blend of promotional variables chosen by marketers to help a firm reach its goals. and it Improves communication with clients.
Explanation:
hope this helps
Answer:
The promotion mix is the blend of different methods and tools of communication you use in presenting your company, products or services to target customers. Effective promotion is a key component of the marketing mix, as it is the element that helps you attract customers, persuade them to buy, and generate loyalty.
A promotion mix is a key method for delivering a relevant promotion message via the most suitable channel for each segment. Improves communication with clients. Companies develop a promotion mix trying to speak their consumers' language. If prepared correctly, it helps build trust between the brand and its customers.
Explanation:
hope this helps i did my research
As an hr professional why would it be important to understand performance management and e-compensation technology?
As an HR professional, it is important to understand performance management and e-compensation technology because they play crucial roles in effectively managing and rewarding employees.
Performance management refers to the process of setting clear expectations, evaluating employee performance, providing feedback, and identifying areas for improvement. By understanding performance management, HR professionals can effectively communicate performance expectations to employees, provide regular feedback, and help drive employee development and productivity.
E-compensation technology, on the other hand, refers to the use of technology to manage and administer compensation programs. This technology enables HR professionals to streamline the compensation process, including job evaluation, salary structure, and incentive programs. By understanding e-compensation technology, HR professionals can efficiently manage compensation programs, ensure fairness and equity, and attract and retain top talent.
In summary, understanding performance management and e-compensation technology is important for HR professionals because it enables them to effectively manage employee performance, drive productivity, and administer compensation programs efficiently.
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If a consumer sees a significant difference between his or her current state of affairs and some desired or ideal state, which step of the consumer decision-making process is the consumer in?.
If a consumer sees a significant difference between his or her current state of affairs and some desired or ideal state, Problem Recognition occurs when the the consumer decision-making process is the consumer in.
The definition of a customer is a person who purchases products or services at a store, restaurant, or other retail establishment. An example of a customer is someone who goes to an electronics store and buys a television. (informal) A person, especially a person, who interacts with others in some way.
In sales, commerce, and business, customers (sometimes called customers, purchasers, or purchasers) receive goods, services, products, or ideas obtained from sellers, vendors, or suppliers through financial transactions. is a person. Transaction or exchange for money or other valuable consideration
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On january 1, you sold short one round lot (that is, 100 shares) of lowe's stock at $21 per share. on march 1, a dividend of $2 per share was paid. on april 1, you covered the short sale by buying the stock at a price of $15 per share. you paid 50 cents per share in commissions for each transaction.
a. what is the value of the account on April 1st?
Answer:
Value of the account on April 1st = $300
Explanation:
Given:
Number of shares = 100
Buy back price = $15
Dividend per share = $2
Commission per share = $0.50
Price of each share = $21
Computation:
Proceed price = (21x100)-(0.50x100)
Proceed price = $2,050
Dividend = 2x100
Dividend = $200
Buy back price = (15x100)+(0.50x100)
Buy back price = $1,550
Value of the account on April 1st = $2050 - $200 - $1550
Value of the account on April 1st = $300
What type of diagram shows planned and actual project schedule information? a. a network diagram b. a Gantt chart c. a Tracking Gantt chart
Answer:
✔ ∅ c. a Tracking Gantt chartExplanation:
A tracking Gantt chart is used to show information regarding planned and actual project schedule. A tracking Gantt chart is used to compare the schedule information between the planned and actual project.
What type of diagram shows planned and actual project schedule information?
✘ O a. a network diagram
✘ O b. a Gantt chart
✔ ∅ c. a Tracking Gantt chartchez fred bakery estimates the allowance for uncollectible accounts at 1% of the ending balance of accounts receivable. during 2024, chez fred's credit sales and collections were $116,000 and $131,000, respectively. what was the balance of accounts receivable on january 1, 2024, if $160 in accounts receivable were written off during 2024 and if the allowance account had a balance of $870 on december 31, 2024? multiple choice $31,000 $310 none of these answer choices are correct. $102,160
Using the T-account, the balance of accounts receivable on January 1, 2024, if $160 in accounts receivable were written off during 2024 and if the allowance account had a balance of $870 on December 31, 2024 is C. none of these answer choices are correct.
What is a T-account?A T-account is an accounting tool used to prepare adjusting entries at the end of the accounting period.
Adjusting entries are end-of-the-period journal entries in accordance with the matching principle and the accrual concept of accounting.
Estimated allowance for uncollectible accounts = 1% of ending balance of accounts receivable
Credit sales during 2024 = $116,000
Collections during 2024 = $131,000
Accounts receivable written off during 2024 = $160
T-accounts:
Accounts ReceivableDate Accounts Titles Debit Credit
Jan. 1 Beginning balance $102,160
Dec. 31 Sales Revenue $116,000
Dec. 31 Cash $131,000
Dec. 31 Accounts Receivable $160
Dec. 31 Ending balance $87,000
Allowance for Doubtful AccountsDate Accounts Titles Debit Credit
Dec. 31 Accounts Receivable $160
Dec. 31 Ending balance $870
Ending balance of Accounts Receivable = $87,000 ($870 ÷ 1%)
Thus, the balance of the accounts receivable on January 1, 2024, usiung T-accounts, is $102,160.
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What traits or characteristics made Tyler Perry, Steve Jobs and Jeff Bezos successful.
Can someone help me with that please is important.
What questions of financial responsibility should she ask herself before she makes the purchase select three options?
The new automobile wants to purchase. Before making the purchase, she should consider her financial responsibilities by determining if her current automobile is still in good working order.
Whether the car she has in mind will be dependable, and whether the cost would have an impact on her funds for a down payment on a home.
Living within our means is fundamentally what it means to be financially responsible. In other words, one's expenses must be lower than their income. When using a credit card, it is preferable to pay the entire debt each month rather than just the minimum amount due.
Budgeting and saving practices are also a part of sound money management. Therefore carefully assess the necessity of getting a new automobile at this time.
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Note the correct question would be as bellow,
Amanda wants to buy a new car. what questions of financial responsibility should she ask herself before she makes the purchase? select three options. do i need this car or should i walk, bike, and take the bus to save money?
What are customer needs?
Answer:
A customer need is a need that motivates a customer to purchase a product or service.
You perform an event study to investigate the influence of merger announcement on the share prices of ABC (the acquirer) and DEF (the target) and collected the following information. The market model-adjusted abnormal returns for ABC and DEF are respectively closest to: −4.2% and −6.8% −9.4% and 17.2% −4.1% and 22.5% −5.2% and 24.0% −7.4% and 19.2%
The market model-adjusted abnormal returns for ABC and DEF are closest to -4.2% and 17.2%, respectively. This indicates that ABC's share prices decreased by 4.2% more than expected, while DEF's share prices increased by 17.2% more than expected after the merger announcement.
In an event study analyzing the influence of a merger announcement on the share prices of ABC (the acquirer) and DEF (the target), the market model-adjusted abnormal returns are used to assess the impact. The market model takes into account factors such as market-wide movements and the individual stock's sensitivity to these movements. It calculates the expected returns based on these factors, and the difference between the actual returns and expected returns represents the abnormal returns.
The given information states that the market model-adjusted abnormal returns for ABC are -4.2% and for DEF are 17.2%.This means that ABC's share prices experienced a decrease of 4.2% beyond what was expected, while DEF's share prices increased by 17.2% beyond expectations.
These abnormal returns indicate the extent of market reaction to the merger announcement for both companies. A negative abnormal return for ABC suggests that the market perceived the merger as potentially unfavorable for the acquirer, resulting in a decrease in share prices. Conversely, a positive abnormal return for DEF implies that the market perceived the merger as potentially beneficial for the target, leading to an increase in share prices.
Overall, these findings provide insights into how the market perceives the merger announcement and the potential impact on the respective companies' share prices.
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Explain the impact of the asset demand, transaction demand, & total demand for money on the economy.
Which of the following statements are correct?
Select the correct option(s) and click submit.
Agile and Design Thinking are same
Design Thinking is about Product Development. Agile Manifesto is about Software Development
Design Thinking is finding the right things and Agile is about building the right things
Design Thinking is building the right things and Agile is about finding the right things
Submit
Product Development is the focus of Design Thinking. The Agile Manifesto is concerned with software development.
Design Thinking is about discovering the right things, while Agile Manifesto is about creating the right things. Hence, option b) is correct.
Design thinking is a problem-finding methodology, whereas agile is a problem-solving methodology. It requires a high level of end-user empathy and comprehension, as well as an iterative process of developing new ideas, debunking assumptions, and redefinition of problems.
Agile Manifesto and Design thinking fosters a user-centric environment that emphasizes rapid iterations to achieve the best results. Use agile development to collaboratively build solutions to problems identified through design thinking.
Design thinking prioritizes the needs of the user, and Agile is an excellent method for delivering solutions gradually. The user's needs are considered throughout the design and development process.
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What research will help prepare you before you apply for a job?
Informational interviews on the position and background research on the
company.
Research on the subjects you need to study.
Interviewing friends and family to know if the position is a good fit for you.
Researching the salary for that job.
Answer:
Informational interviews on the position and background research on the
company.
Explanation:
A job interview helps select a suitable person to fill in the vacant position. The interviewer will ask questions to gauge the candidate's understanding of that position. Research on the positions will give a candidate confidence and content when responding to questions.
Research on the company provides background understanding, which helps them relate the job requirements and the company. This information will help convince interviewers of one suitability on the job. A candidate appears knowledgeable and familiar with what is expected of them.
In which type of bank do investors
pool their money into a collective
business in order to help each other?
A. Commercial banks
B. Credit union
C. Savings and loans bank
D. Brokerage firms
The kind of bank do investors pool their money into a collective business in order to help each other is a credit union. Thus, option B is correct.
What is a Credit Union?A credit union, which is comparable to a commercial bank, is a member-owned nonprofit financial cooperative. Credit unions often provide their members services similar to retail banks, such as deposit accounts, credit, and other financial services.
Credit unions, like banks, accept deposits, make loans, and offer a variety of other financial services. Credit unions, on the other hand, being member-owned and cooperative entities, offer a secure place to save and borrow at competitive rates.
A credit union is a customer/member-owned financial cooperative that is democratically governed by its members and exists to maximize the economic advantage of its customers by providing banking services at competitive and fair prices. Hence, option B is correct.
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for a perfectly competitive firm, marginal revenue is choose one: a. less than price. b. at first greater than price, but eventually less than price. c. greater than price. d. equal to price.
For the perfectly competitive firm, marginal revenue is option c. greater than price.
Marginal price:
The great economists defines that the marginal revenue as the change in the total revenues when a firm increases its units of sale by one more unit. The marginal revenue can be negative, positive, or zero.
Given
For a perfectly competitive firm, marginal revenue is choose one.
Here we need to find the estimation about the marginal price.
According to the definition of the marginal revenue, price of the competitive firm marginal price is always greater.
Therefore, the correct option is c. greater than price.
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my business i love doing nails if ya'll don't know i love help ya'll nails free
Hmm......... Nice nice. :)
What are some reasons that a bank statement might not match a cash balance of a business's records? Choose all answers that are correct.
Question 1 options:
posted payments on credit cards
bank errors
outstanding deposits
service charges
recorded checks
outstanding checks
Answer:
outstanding deposits, outstanding checks, posted payments on credit cards
Explanation:
Bank errors, Outstanding Deposits, Service Charges, and Outstanding checks are some reasons that a bank statement might not match the cash balance of a business's records. The correct options are B, C, D, and F.
What information does a bank statement provide?Name, address, account number, and bank branch information are all listed on bank statements for account holders. Additionally, a summary table that displays the statement's time frame, opening and closing bank balances, deposits made to the account, refunds, and cash withdrawals is included. In addition, fines levied by your bank as well as declined or canceled payments will appear on your statements.
Differences between the two records could be the result of Deposits in transit: The firm may have received cash or cheques, but the bank may not have yet recorded them. Outstanding checks are ones that have been issued but have not yet been processed. Bank service fees: Banks frequently deduct service fees.
Thus, the ideal options are B, C, D, and F.
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Consider the following note payable transactions of Creative Video Productions. (Click the icon to view the transactions.) Journalize the transactions for the company. Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Aug. 1, 2017: Purchased equipment costing S1 6,000 by issuing a one-year, 996 note payable Credit Accounts and Explanation Debit Date 2017 Aug. 1 More Info 2017 Aug. 1 Purchased equipment costing $16,000 by issuing a one-year, 9% Dec. 31 Accrued interest on the note payable note payable Dec. 31, 2017: Accrued interest on the note payable 2018 Accounts and Explanation Debit Credit Date 2017 Dec. 31 Aug. 1 Paid the note payable plus interest at maturity Print Done Aug. 1, 2018: Paid the note payable plus interest at maturity Accounts and Explanation Debit Credit Date 2018 Choose from any list or enter any number in the input fields and then continue to the next question.
Creative Video Productions had three note payable transactions. On August 1, 2017, they purchased equipment costing $16,000 by issuing a one-year, 9% note payable.
On December 31, 2017, they accrued interest on the note payable. Finally, on August 1, 2018, they paid the note payable plus interest at maturity.
The journal entries for these transactions need to be recorded, debiting the appropriate accounts first and then crediting the corresponding accounts.
To journalize these transactions, we need to record the debits and credits for each transaction.
On August 1, 2017, when Creative Video Productions purchased equipment costing $16,000, the journal entry would be:
Debit: Equipment ($16,000)
Credit: Notes Payable ($16,000)
On December 31, 2017, when the company accrued interest on the note payable, the journal entry would be:
Debit: Interest Expense (accrued interest amount)
Credit: Interest Payable (accrued interest amount)
Finally, on August 1, 2018, when the company paid off the note payable plus interest at maturity, the journal entry would be:
Debit: Notes Payable (remaining principal amount)
Debit: Interest Payable (remaining accrued interest amount)
Credit: Cash (total payment amount)
By recording these journal entries, Creative Video Productions can accurately reflect the note payable transactions in their financial records.
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According to the Small Business Administration, the percentage of businesses that
survive the first five years is about
Answer:
50%
Explanation:
you must register your business name with the state or federal government to get trademark protection. T/F
False. Registering your business name with the state or federal government is not a requirement to obtain trademark protection.
While registering your business name as a trademark provides certain benefits and protections, such as nationwide protection and the ability to enforce your rights in court, it is not a mandatory requirement for obtaining trademark protection. Trademark rights can be established through common law usage, meaning that simply using the mark in commerce can provide you with limited protection in the geographic area where you are doing business. However, registering your business name as a trademark with the United States Patent and Trademark Office (USPTO) or a state trademark office offers additional legal advantages and stronger protection. Registration provides a public record of your ownership, a legal presumption of your exclusive rights to use the mark, and the ability to use the ® symbol. It is advisable to consult with a trademark attorney to understand the specific requirements and benefits of trademark registration for your business.
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an individual buying office supplies for an organization is operating in the consumer market.
T/F
False. The individual buying office supplies for an organization is operating in the "organizational market".
The organizational market also known as the business-to-business market or B2B market) involves transactions between businesses or organizations, rather than transactions between businesses and individual consumers. In this case, the individual is purchasing products on behalf of their organization, which makes them a part of the organizational market. The consumer market, on the other hand, involves transactions between businesses and individual consumers.
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Sheridan Company produces flash drives for computers, which it sells for $20 each. The variable cost to make each flash drive is $13. During April, 650 drives were sold. Fixed costs were $1400 for the month. How much is the monthly break-even level of sales in dollars for Sheridan? $4000 $200 $3250 $13000
Answer:
$4,000
Explanation:
The computation of break-even is shown below:-
Contribution margin ratio = (SP per unit - VC per unit) ÷ SP per unit
= ($20 - $13) ÷ $20
= 35%
Break-even sales dollars = Total Fixed Costs ÷ Contribution margin ratio
Break-even sales dollars = $1,400 ÷ 35%
= $4,000
Therefore we applied the above formula.
Hence, the break even sales in dollars is $4,000
Create a minimum of 10 questions that you will ask your potential marketing client in order to be able to create and develop an advertising campaign for them. Utilize the information in the focus section above and in your course lessons. You will need to gather information about their company and its values, the area of focus for the ad campaign, target market, and other pertinent information.
Answer:
1. Are you advertising to a specific group of people/ Who is your target audience?
2. How would you reach out to that audience/What emotions are you trying to trigger within their minds?
3. How would you justify your prices?
4. Is your idea viable in the current market?
5. How would you differentiate your goods and services from any other similar products in the industry?
These are just examples. Hope this helps!
What do you call a website or e-mail address that is created to look like it comes
from a legitimate source? Choose the answer.
pharming
spoofing
spyware
none of the above
Answer:
this would be called spoofing.
Spoofing is called as a website or e-mail address that is created to look like it comes from a legitimate source.
What is legitimate source?
Legitimate source is defined as according to the law, something that is legal is acceptable.
It can also be defined as the electoral register is a genuine source of information that is currently available to the public.
A reputable source is defined as the one that has been written by an expert in their field and is free of errors and bias.
A trustworthy source is defined as the one that offers a detailed, well-reasoned idea, argument, or discussion based on solid evidence.
Thus, spoofing is called as a website or e-mail address that is created to look like it comes from a legitimate source.
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how are stocks be calculated? what Is stock exchange?
Answer:
Stocks are a check on a certain holding in a public limited company. Different rights may accompany the stocks, but most often it gives its owner the right to attend and participate in elections at the company's annual general meeting, receive dividends from the company and sell the stock or holding to a third party. Stocks are issued at a certain nominal value, often $1 per share. If the stocks are listed on public stock exchanges, they are often referred to as "listed stocks", but when listing, an official price is created for stocks in the company and this makes it easier for stock owners to trade in the stocks. The company's multiplied by the price on the stock exchange is called the company's market value.