Fifi and Bumble are best mates. Fifi currently owns a honey pot that she values at $10. Bumble values the honey pot at $8 and has $20 in his wallet. a. The current allocation of the honey pot is Pareto inefficient. b. Fifi and Bumble should be able to come to a mutually advantageous trade with respect to the honey pot. C. Given the current allocation, it will be possible to make both Bumble and Fifi better off. d. *The current allocation of the honey pot is Pareto efficient. a, b and c are all true. e.
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Bumble values the honey pot at $8, and Fifi values the honey pot at $10. Fifi and Bumble can come to a mutually advantageous trade with respect to the honey pot if they trade it for $9. Both parties will benefit from this trade; Fifi will get more than what Bumble values the honey pot, and Bumble will be able to buy it at a lower price than what Fifi values the honey pot.
Therefore, c. Given the current allocation, it will be possible to make both Bumble and Fifi better off.A Pareto efficient allocation is one in which no one can be made better off without making someone else worse off. The current allocation of the honey pot is Pareto inefficient since Bumble values the honey pot at $8 and Fifi values it at $10. Thus, if Fifi and Bumble traded the honey pot for $9, the new allocation would be Pareto efficient since both parties would benefit.
Therefore, b. Fifi and Bumble should be able to come to a mutually advantageous trade with respect to the honey pot is true, but a, d, and e are false.The values of Bumble suggest that Bumble is not interested in getting the honey pot for $10, and he has $20 in his wallet. This may suggest that he is not interested in purchasing the honey pot or may not want to buy it for more than $8.
Since Bumble does not value the honey pot at $10, the current allocation of the honey pot is not Pareto efficient. The optimal allocation of the honey pot is when both Fifi and Bumble agree on a price that is less than $10, and Bumble agrees to purchase the honey pot at that price. The optimal allocation is Pareto efficient since both parties will benefit from the trade. Therefore, c. Given the current allocation, it will be possible to make both Bumble and Fifi better off.
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Related Questions
Heyy
Can someone help me please
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describe the three processes that entrepreneurs go through before they are able to identify an opportunity for a new business venture
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By observing, ideating, and evaluating, entrepreneurs can come up with innovative solutions that can meet the needs of their target market and create successful new ventures.
The three processes that entrepreneurs go through before they are able to identify an opportunity for a new business venture
Observation: Identify potential opportunities in the market by observing and analyzing the needs and wants of the target market.
Ideation: Generate new ideas for a business venture based on the observations made during the observation process.
Evaluation: Assess the feasibility of the proposed business venture by evaluating its potential profitability, market demand, competition, and available resources and capabilities.
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Review the table below. Highlight or circle the option for Property Damage coverage you would purchase. In the box below, explain why you chose your selection.
Helps you pay for another person's property (car, house, fence, mailbox, etc) in a car accident when you are at fault
No deductible, just pay your premium, and you are covered up to the limit
Basic
$15,000
$20
Moderate
$25,000
$45
Enhanced
$50,000
$60
Answers
I recommend selecting "Enhanced coverage", which offers $50,000 of Property Damage coverage at an annual premium cost of $60.
Why the selection is pickedAs it provides maximum coverage for property damage, I would choose this option because of its comprehensive nature - especially important if a car accident was my responsibility and damaged another party's assets.
While Basic coverage might be cheaper, $15,000 might not cover all costs related to property damage for more costly items like houses or cars. Moderate provides slightly more coverage than Basic option; while enhanced provides higher limits with minimal additional premium costs - both are worthwhile investments for added peace of mind and protection.
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"Development has a negative impact on our environment" Motivate why you agree with the
statement
[8]
Answers
industrial lead to water pollution
What causes the gross domestic product to go up?
A.) a rising unemployment rate
B.) more investment in businesses
C.) a reduction in exports
D.) less government spending
Answers
Answer: B
Explanation: No
More investment in businesses causes the gross domestic product to go up. Thus, option 'B' is the correct option.
What is the gross domestic product?Gross domestic product (GDP) is a monetary indicator of the total market value of all the final commodities and services that nations generate and sell over a certain time period. This measurement is frequently changed before it can be trusted as an indicator because of how complicated and subjective it is.
To compare living standards between countries, using a basis of GDP per capita at purchasing power parity (PPP) may be more useful, whereas nominal GDP is more useful for comparing national economies on the global market. GDP (nominal) per capita does not, however, reflect differences in the cost of living and the inflation rates of the countries. The contribution of each industry or sector to the overall GDP may also be quantified.
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according to the previous formula, this increase in the cost of capital will cause the value of the firm to
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According to the previous formula, this increase in the cost of capital will cause the value of the firm to decrease.
In finance, the cost of capital is the pace of return expected by financial backers to give assets to a company's tasks or speculation projects. It addresses the open door cost of putting resources into a specific organization. At the point when the expense of capital increments, it implies that financial backers require a better yield on their venture to make up for the expanded gamble or decreased engaging quality of the company's tasks.
At the point when the expense of capital builds, the worth of the firm is supposed to diminish on the grounds that the higher rebate rate used to ascertain the current worth of future incomes decreases their general worth.
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Which is a characteristic of judging approach
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Answer:
Clarity and Closure
Explanation
Judgers take a planned, ordered, and precisely calibrated approach to life, developing both short- and long-term plans to assist them in achieving their objectives. For them, schedules and "to-do" lists are consoling. They dislike uncertainty and change, preferring to know what they are getting into instead.
Those that have this preference feel more in control of their surroundings. They are disciplined and resolute, seeking resolution as soon as possible to reduce stress. Judgers struggle with open-ended plans because they have a "work first-play later" mentality. Instead of addressing issues as they arise, they would prefer to devise three distinct backup plans.
Judgers take their obligations and deadlines very seriously, both in business and in life. They are quite particular.
The federal reserve can affect you through
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As the Federal Reserve conducts monetary policy, it influences employment and inflation primarily through using its policy tools to influence the availability and cost of credit in the economy.
walker's tax services had the following accounts and account balances after adjusting entries. assume all accounts have normal balances. loading...(click the icon to view the accounts listing.) prepare the adjusted trial balance for 's tax services as of december 31, .
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Following adjusting entries, Walker's Tax Services had the following accounts and account balances. let's say that each account has a typical balance of total 104150.
What is an Account balance?
The amount of money held in a financial institution, such as a savings or checking account, at any particular time is known as the account balance. The net amount, which includes all debits and credits, is always the account balance. An account balance that falls below zero represents a net debt—for example, when there is an overdraft on a checking account. A financial account, such as a checking, savings, or investment account, represents the available cash, or current account value, through an account balance.The current value of account balances is made available by financial institutions both online and on paper statements.To know more about Account balance visit:
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Brand _____, like that enjoyed by Coca-Cola or Adidas, results from favorable consumer experience with a product and the consumer decision to buy the brand name over the generic.
Answers
Answer: equity
Explanation:
suppose and economy uses two resources (labor and capital) to produce two goods (wheat and cloth).
Answers
Where an economy uses two resources, the most likely result of a 10% decline in capital supply is a decrease in fabric output (capital-intensive). On the other side, with a 10% increase in labor supply, the most likely result is an increase in wheat output (labor-intensive).
What are Economic Resources?Factors of production, resources, or inputs are what are utilized in the production process to generate output—that is, products and services—in economics. According to the production function, the quantity of output is determined by the amounts of various inputs that are used.
In response to the prompt, the PPF (Production Possibility Frontier) for wheat and fabric will shift owing to changes in labor and capital supply. PPF will alter uniformly as the quantity of labor and capital increases and decreases by 10%, respectively. The following are the shifts:
The PPF will move away from the wheat axis when labor costs rise and wheat production rises as well. The PPF will shift inward from the fabric axis as labor costs reduce and textile output decreases.
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Full Question:
Suppose an economy uses two resources (labor and capital) to produce two goods (wheat and cloth). Capital is relatively more useful in producing cloth, and labor is relatively more useful in producing wheat. If the supply of capital falls by 10 percent and the supply of labor increases by 10 percent, how will the PPF for wheat and cloth change?
When customers look beyond their personal knowledge and experience to help them in buying something, they are engaging in: o ritual consumption o external information search. o cognitive dissonance o business-to-business marketing o self-actalization
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when the consumers want to buy something but don't have any knowledge regarding the product, they opt for different external sources. the different sources like advertisements, internet search, etc., helps to provide the consumer with relevant information to make a purchase. this is known as external information search.
External information search refers to the process of seeking out information from sources outside of oneself to make informed purchasing decisions.
When customers look beyond their personal knowledge and experience to help them in buying something, they are engaging in external information search. This refers to the process of seeking out information from sources outside of oneself to gather relevant knowledge and make informed purchasing decisions.
For example, a customer might read product reviews, compare prices, or ask friends for recommendations before making a purchase.
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The importance of Administration functions
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The core of any company or organization is its administration. They are a group of actions that support the systematic and efficient management and coordination of an organization's many operations.
The importance of administration is -
1. The planning - The main function of administration is planning the goal, and objective and guiding the people of the team for the fulfillment of the objective. Through the planning method, the administrator can plan the number of resources going to be used in fulfillment of the objective.
2. Organizing - This involve the delegation of work to people and clearly defining their roles for the work which has to do.
3. Staffing - It involves the function of hiring, training, and retaining the employees of the organization.
In summary, the functions of administration play a crucial role in the success of any organization.
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what questions can project managers ask to optimize and streamline communications? select all that apply.
Answers
The questions project managers can ask to optimize and streamline communications are what isn't functioning or isn't successful in our communication with you and how can we make it more effective.
Who are project managers?
Project managers are disciplined, goal-driven experts who employ enthusiasm, originality, and teamwork to create initiatives that are sure to succeed. Project managers handle a wide range of projects, matching the scope of their duties and expertise. Project Manager is conducive to having faith in teams. "We save money because we can track projects in real time and keep an eye on our costs. Project Manager contains all the data. The sophisticated planning and scheduling elements of Project Manager's project management system are combined with team collaboration tools.
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what is a main reason business needs government regulations? select one: a. to assist in executing worthwhile causes b. to protect the interest of society and consumers c. to help companies be successful d. to provide financial assistance when needed
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b) Businesses need government regulations to protect society and consumers by ensuring ethical operations, fair competition, consumer safety, and environmental sustainability.
The main reason businesses need government regulations is to protect the interest of society and consumers. Regulations ensure that businesses operate ethically, responsibly, and in compliance with standards that safeguard public health, safety, and fair competition. Government regulations help prevent fraudulent practices, misleading advertising, and the exploitation of consumers. They set guidelines for product quality, environmental sustainability, and workplace safety, ensuring that businesses prioritize the well-being of individuals and communities. Regulations also promote fair competition by preventing monopolies, price-fixing, and anti-competitive practices that could harm consumers or stifle innovation. By establishing a level playing field, regulations foster trust and confidence in the marketplace. Moreover, regulations play a vital role in sectors such as finance, healthcare, and food safety, where public oversight is crucial to maintain stability, protect vulnerable populations, and prevent systemic risks. Overall, government regulations balance the interests of businesses with the broader welfare of society and consumers.
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Assume the market interest rate is 5% and a one-year maturity
bond pays a coupon valued of $420. If the current price of the bond
were $4,400, what would the face value of this bond have to be?
Answers
With a market interest rate of 5% and a bond price of $4,400, the face value of the bond would need to be $3,780.
To calculate the face value of the bond, we can use the formula for the present value of a bond:
Current Price = Coupon Payment / (1 + Market Interest Rate) + Coupon Payment / (1 + Market Interest Rate)² + ... + (Coupon Payment + Face Value) / (1 + Market Interest Rate)ⁿ
In this case, we have:
Current Price = $4,400
Coupon Payment = $420
Market Interest Rate = 5%
n = 1 year
Substituting these values into the formula, we can solve for the face value.
$4,400 = $420 / (1 + 5%)¹ + (Face Value + $420) / (1 + 5%)¹
Simplifying:
$4,400 = $420 / 1.05 + (Face Value + $420) / 1.05
$4,400 = $400 + (Face Value + $420) / 1.05
$4,400 - $400 = (Face Value + $420) / 1.05
$4,000 = (Face Value + $420) / 1.05
$4,000 * 1.05 = Face Value + $420
$4,200 = Face Value + $420
Face Value = $4,200 - $420
Face Value = $3,780
Therefore, the face value of the bond would have to be $3,780.
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midori sato owns a rental property which had a UCC of $85,000 at the beginning of 2020. after all allowable expenses other than CCA, midori total rental income was $1,000 in 2020 and $10,000 in 2021. midori always deduct the maximum CCA allowed. what is the UCC for the rental property at the end of 2021? ( the property is a class 1 building amortized at 4%)
Answers
The Undepreciated Capital Cost for the rental property at the end of 2021 is $80,600.
The UCC (Undepreciated Capital Cost) for the rental property at the end of 2021 can be calculated by subtracting the cumulative CCA (Capital Cost Allowance) claimed from the UCC at the beginning of the year.
To determine the CCA for each year, we need to calculate the maximum allowable CCA based on the class and the property's UCC. For a class 1 building amortized at 4%, the CCA rate is 4%.
In 2020, the maximum CCA allowed is 4% of the UCC at the beginning of the year, which is $85,000 × 4% = $3,400. However, since the total rental income was only $1,000, Midori can only claim the CCA up to the income amount, resulting in a claimed CCA of $1,000.
In 2021, the maximum CCA allowed is again 4% of the UCC at the beginning of the year, which is still $85,000 × 4% = $3,400. This time, since the total rental income was $10,000, Midori can claim the full amount of $3,400 as CCA.
Therefore, the cumulative CCA claimed by the end of 2021 is $1,000 + $3,400 = $4,400. To calculate the UCC at the end of 2021, we subtract the cumulative CCA from the UCC at the beginning of the year: $85,000 - $4,400 = $80,600.
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A complex structure of offices, tasks, and rules organized within a hierarchy of authority is known as a(n) ______.
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What are two similarities between Mixed economy and Traditional economy?
Help please!
Answers
Answer:
where the production and distribution of goods is based on custom and cultural traditionsExplanation: because
Which step of the legislative process is missing?
with answers in screenshot
Answers
The _____ is a production period long enough for the firm to adjust the
quantities of all its ________, including capital.
Answers
Answer:
long run, productive resources
Example metrics of success for usability testing
Answers
Usability testing is a critical aspect of the user-centered design process that aims to evaluate the effectiveness, efficiency, and satisfaction of a product. Some example metrics of success for usability testing include task completion rate, time on task, error rate, user satisfaction, and user retention rate.
To measure the success of usability testing, it is important to define relevant metrics that reflect the goals of the testing process. Task completion rate measures the percentage of users who can complete a specific task successfully, while time on task evaluates the amount of time users take to complete a task.
Error rate measures the number of errors users make while completing a task, and user satisfaction assesses how satisfied users are with the product. Finally, the user retention rate evaluates the percentage of users who continue to use the product after the testing process. By tracking these metrics, usability testers can determine the effectiveness of their design choices and make informed decisions to improve the product.
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which type of discrimination occurs when women are assigned marginal job roles that do not lead to promotion
Answers
Option d: Exclusion. Exclusion is type of discrimination occurs when women are assigned marginal job roles that do not lead to promotion.
The exclusion of certain individuals from employment opportunities, social events, discussions or informal mentoring may not be intentional.
For example, many women in finance claim to be assigned part-time work or only light work that does not lead to promotion.
Discrimination is the unfair, biased distinction of people based on the group, class, or other category to which they belong or are perceived to belong.
People may be discriminated against based on their race, gender, age, religion, disability, sexual orientation, or any other categories.
Discrimination occurs especially when individuals or groups are treated unfairly and worse than others because of their actual or perceived affiliation with a particular group or social category.
To do. Restricting members of one group from the opportunities and privileges available to members of another group.
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Complete question:
Women being assigned marginal job roles that do not lead to promotion is an example of the ________ form of discrimination.
A) hazing
B) gaslighting
C) coercion
D) exclusion
E) battery
A company reports Gross margin of $100,000, Cost of goods sold of $70,000, and Selling and administrative expenses of $45,000. Net operating income (loss) is ______.
Answers
The company incurs net operating loss of -$15,000 having reported gross margin initially.
What is net operating income?Net operating income is the sum total of a company's profit after subtracting its regular, recurring costs and expenses.
Net Operating income or loss is computed as :
= Total Revenue - Cost of Goods Sold - Operating Expenses
= $100,000 - $70,000 - $45,000
= -$15,000
Therefore, the net operating loss for the company is -$15,000
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What is the difference between adjustment refusal and other refusals
Answers
Answer:
Your company most likely has clear, reasonable guidelines regarding what is a legitimate reason for adjustment, while other refusal messages may deal with a variety of issues that are less clearly defined.
Executive headhunters have approached Charles about taking the position of senior vice president of marketing for a well-known company. Although this company has been highly successful since 1995, Charles has heard persistent rumors of overly aggressive marketing tactics, questionable reporting of sales data, and an atmosphere of intolerance of criticism. The CEO is a powerful and charismatic individual, who built the company from a small regional firm to an international powerhouse in only a decade. The other top managers have been hand-picked by the CEO, as have a number of the members of the board of directors. The salary for this position is very high and includes generous stock options. It would be a major step up in Charles's career and would position him to move to CEO of another company in the future. Charles has prided himself on his high moral values and is viewed as an exceptionally ethical person by his peers. What should Charles do?
Answers
Answer: d.Charles should not take the job because the culture of the organization is set by the CEO and other top managers. He would have little influence on the organizational culture as one of many top managers
Explanation:
Since Charles has prided himself on his high moral values and is viewed as an exceptionally ethical person by his colleagues, then this isn't the right job for him.
Since he has heard rumours of overly aggressive marketing tactics, questionable reporting of sales data, and an atmosphere of intolerance of criticism, this doesn't tally with his high moral values.
Also, since the CEO and other top managers sets up the organizational culture of the company, he would have little influence on the organizational culture as one of many top managers.
volatile, not permanent, RAM
: non-volatile, permanent, often referred to as ‘space’
secondary memory/storage
primary memory/storage
peripheral
Answers
Answer:
RAM - primary memory/storage
please mark me as brainliest please
Answer:
RAM - primary memory/storage
Explanation:
Why use a credit union rather than a bank?
Answers
Credit unions should be used rather than a bank because credit unions return its profits to their members in the form of cheaper fees, higher savings rates, and lower interest rates on loans.
According to the Credit Union National Association, 130 million Americans are members of credit unions, which are not-for-profit organizations that are owned by their members.
Banks are required to turn a profit for their shareholders, while credit unions are not required to do the same for their members. Instead, they want to charge as little as possible, have the highest possible savings rates, and the lowest possible lending interest rates.
Credit unions are required to keep their membership to a certain "field of membership." This can refer to a place of employment, a school or house of worship, a region, or membership in an association.
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the suggestion of utilizing venture capitalists, loans, or self-funding are all options to help alleviate wich challenge of entrepreneurship
Answers
The suggestion of utilizing venture capitalists, loans, or self-funding are all options to help alleviate the challenge of managing people.
What is entrepreneurship?The entrepreneurship serves the activity that involves the setting up of a business or businesses, by taking the financial risks in the hope of profit.
Therefore, suggestion of utilizing venture capitalists, loans, or self-funding are all options to help alleviate the challenge of managing people.
In this case, as an entrepreneur, one should able to have the mind to bear the risk as well as make the good decision that is need for the success of the business, examples of entrepreneur are; Mark Zuckerberg, Bill Gate and others.
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Type the correct answer in the box. Spell all words correctly. What do inventory firms use when moving delicate products? Inventory firms use________ belts when moving delicate products.
its not multiple choice- need help!
Answers
Answer:
conveyor belts
Explanation:
A conveyor belt is a moving band, e.g. a conveyor belt is used in airports when you are retrieving your luggage after you arrive to your destination. They can be used to transport bulk materials or delicate products. Their length also varies, since they can be very short, e.g. just a few feet, to very long, e.g. transport goods for many yards.