For each of the given events state the relevant elasticity concept. Then compute the measure of elasticity, using average prices and quantities in your calculations. In all cases, assume that these are ceteris paribus changes. After a major failure of Brazil's coffee crop sent brewed coffee prices up from $1.50 per drink to $2.00 per drink, sales of brewed coffee decreased from 16,000 to 14,000 per month. This describes the price elasticity of demand The elasticity is 0.47' (Enter your response rounded to two decimal places.) When prices of BMW's increase by 10 percent, the annual sales of Hondas increase from 500,000 to 720,000 This describes the cross elasticity of demand The elasticity is (Enter your response rounded to two decimal places.)

Newton suggested that a ball has a natural tendency to keep moving unless acted upon by an external force, while others believed that a ball has a natural tendency to stop or come to rest.

This means that a ball that is already in motion will continue to move in the same direction and speed unless acted upon by a force, such as friction or air resistance.

Those who believed that a ball has a natural tendency to stop may have been influenced by their everyday experiences.

Objects in our daily lives do eventually come to a stop due to friction or other forces, so it may seem natural to assume that a ball would also naturally slow down and stop. However, Newton's law of motion tells us that a ball in motion will continue to move until acted upon by an external force.

Overall, Newton's observation of the natural tendency of an object in motion to stay in motion provides a more accurate explanation of the behavior of a ball than the belief that a ball has a natural tendency to stop.

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Answer:

c I'm pretty sure

hope this helped!

Corruption is being combated by the Sarbanes-Oxley Act, which outlaws bribery by U.S. firms anywhere they do business. Bribery is one aspect of corruption that has the same definition everywhere and does not vary by nationality.

Sarbanes-Oxley is legislation passed by the United States government in 2002 that aims to improve corporate accountability. This law outlaws bribery by US firms anywhere they do business, which helps combat corruption. By outlawing bribery, the government hopes to reduce corruption, which can erode the legitimacy of a government. Although corruption is being combated by the Sarbanes-Oxley Act, it is still a serious issue that affects many countries around the world.

In conclusion, the Sarbanes-Oxley Act is a crucial piece of legislation that helps combat corruption by outlawing bribery by U.S. firms anywhere they do business. Corruption is a serious issue that affects many countries around the world, and it can erode the legitimacy of a government. Although Sarbanes-Oxley is an important step in combating corruption, more needs to be done to reduce its effects.

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Answer:

creates dollars and uses them to purchase various types of stocks and bonds from the public.

Explanation:

The Federal Reserve System ( popularly referred to as the 'Fed') was created by the Federal Reserve Act, passed by the U.S Congress on the 23rd of December, 1913. The Fed began operations in 1914 and just like all central banks, the Federal Reserve is a United States government agency.

Generally, it comprises of twelve (12) Federal Reserve Bank regionally across the United States of America.

If the Federal Open Market Committee decides to increase the money supply, then the Federal Reserve creates dollars and uses them to purchase various types of stocks and bonds from the public.

Answer:

the supply of oil is very inelastic and the demand for gasoline is inelastic over short periods of time.

Explanation:

In Economics, there are primarily two (2) factors which affect the availability and the price at which goods and services are sold or provided, these are demand and supply.

The law of demand states that, the higher the demand for goods and services, the higher the price it would be sold all things being equal. On the other hand, law of supply states that the higher the price of goods and services, the lower the supply.

The process involved in bringing oil to world markets can take years. Substitutes for oil-based products such as gasoline are limited. As a result, the supply of oil is very inelastic and the demand for gasoline is inelastic over short periods of time.

QuickBooks uses the Average Cost method as the inventory costing method to track inventory.

This method involves calculating the average cost per unit by dividing the total cost of inventory by the total number of units. The average cost is then utilized to value the inventory and determine the cost of goods sold.

With the Average Cost method, QuickBooks ensures that the cost of inventory reflects the average price paid for each unit, which can be beneficial when inventory costs fluctuate over time. It provides a more accurate representation of the actual cost of inventory and helps in making informed decisions regarding pricing, profitability, and inventory management.

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Answer:

earn money, make a change, fulfill their dreams

Explanation:

Money isn't the only reason why people work it's also for independence and have more control over their own life.

Explanation:

when you work you are also getting more skills and making more friends with people you have meet in you'r job.

The amount that George should record as the cost of the new building is $313,315.50.

Here, we are to determine the amount that George should record as the cost of the new building using the information given below.

Given Information

$25,000 paid as a down payment

interest rate of 4%

Required to make annual payments of $55,000 for 6 years and first payment due on Dec. 31, 2017.

PV factor of $1 annuity = (1 - (1 + i)^-n) / i

PV factor of $1 annuity = (1 - (1.04)^-6) / 0.04

PV factor of $1 annuity = 0.20968547427 / 0.04

PV factor of $1 annuity = 5.2421

Present value of payments = Annual payments to be made * PV factor of $1 annuity

Present value of payments = $55,000 * 5.2421

Present value of payments = $288,315.50

Cost of the new building = Cash down payment + Present value of payments

Cost of the new building = $288,315.50 + $25,000

Cost of the new building = $313,315.50

Therefore, the amount that George should record as the cost of the new building is $313,315.50.

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Sales for a high-learning technological product begin immediately after introduction because the benefits of purchase are readily understood by consumers.

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The three 3 elements of the profitability analysis are:

1. Analyzing on sales and cost of goods sold (focus on gross profit),

2. Analyzing on the control of expenses (focus on net profit).

3. Assessing the return on assets and return on equity.

Enterprise resource planning (ERP) includes profitability analysis, which assists corporate executives in determining how to maximize profitability in relation to specific initiatives, plans, or products. It is the methodical analysis of corporate earnings obtained from the many income sources. On occasion, people make the mistaken assumption that profitability analysis always depends on profitability ratios. Profitability analysis, in fact, relies on both qualitative and quantitative analytics to provide management with a complete picture.

Business executives must first analysis the factors that contribute to their profitability in order to maximize profits. This makes the procedures and endeavors that generate income more efficient.

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Answer:

2,5,6

Explanation:

Ami,shameka,teddy

Answer:

2,5,6

Explanation:

When an employee who reports to you takes a complaint directly to your manager and receives a resolution without your input, it is a critical error for both the employee and the manager. As a manager, your role is to provide leadership to your employees, including resolving their issues and concerns.

If an employee bypasses you and goes directly to your manager, it can lead to confusion and undermine your authority. The employee might not be aware of the appropriate channels for raising their concerns, which can result in the manager providing a suboptimal solution or resolution. As a result, the employee may feel like their issue has been brushed aside, or their perspective has been ignored. Moreover, it creates an unpleasant work environment, which can negatively impact the morale and productivity of the team.

In conclusion, when an employee goes directly to the manager to complain about a situation that you could have handled, it shows that they don't trust you. It is crucial to establish trust with your employees by providing a supportive work environment where they can express their concerns without fear of retribution. Additionally, it is your responsibility as a manager to make sure your employees know how to handle complaints and issues. Hence, you should provide training on how to communicate effectively, resolve conflicts, and use the right channels to voice their concerns.

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Answer:

The Android File Manager app helps users manage and transfer files between the smartphone's storage and a computer. ... The Android operating system allows you to remove apps quickly if you no longer use them or to make room for additional files without having to connect the phone to your computer.

Explanation:

The concept that many TNCs engage in FDI to exploit a monopoly position and protect a key asset such as a trademark, resulting in imperialism in everything but name, can be traced back to the Dependency Theory. This theory argues that underdeveloped countries are dependent on developed countries due to their economic and political power.

TNCs are seen as the primary agents of imperialism, utilizing their power to extract resources and exploit labor in developing countries. One of the key figures responsible for the development of this theory was Raúl Prebisch, who argued that the international economic system was biased against developing countries.

He believed that TNCs were able to dominate markets and extract resources due to their size and power, perpetuating the unequal relationship between developed and developing countries.Therefore, it can be concluded that the Dependency Theory, and specifically Raúl Prebisch, is most responsible for the idea that many TNCs engage in FDI to exploit a monopoly position and protect key assets, resulting in imperialism in everything but name.

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Answer:

drop shiping

Explanation:

it's the perfect job

Adolf Hitler did indeed live in Vienna from 1908 to 1913 after his acceptance to the Vienna Academy of Fine Arts. During this period, Hitler pursued his dream of becoming a successful artist. However, his time in Vienna was marked by struggle and disappointment.While in Vienna, Hitler faced challenges both personally and professionally. He encountered financial difficulties, living in poverty and struggling to make ends meet. Despite his efforts, his artistic aspirations were largely unfulfilled, as he faced rejection and criticism from the academy. This period of disappointment and rejection is often seen as a significant turning point in Hitler's life.

It was during his time in Vienna that Hitler developed strong nationalist and anti-Semitic views, which would later shape his political ideology. His exposure to anti-Semitic literature and his interactions with nationalist groups in the city had a profound impact on his beliefs and worldview.Ultimately, Hitler's time in Vienna set the stage for his later involvement in politics and the rise of the Nazi Party. The frustrations and failures he experienced in the city played a role in shaping his radical ideology and his desire for power and control.

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An innovative business idea that no one has never had is Offering virtual assistance to other businesses.

innovative business idea can be described as an idea in business that cn be developed so that it can be a way to earn a living by providing the services or the goods to the consumer.

It should be noted that this innovation can be the one that no one has ever done or the modification of the one that has been in exisitence, however providing the virtual assistance serves as one of the innovation in business that can ring profit.

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Complete question:

State An innovative business idea that no one has never had

The goal of training session is to provide attendees with knowledge, skills, and understanding that they can apply in their work or personal lives.

Training is the process of teaching or learning a particular skill, knowledge, or behavior through practice and instruction. In the context of machine learning, training refers to the process of teaching a computer algorithm to recognize patterns and make predictions based on input data. During training, the algorithm is fed a large amount of data, along with the correct outputs, and it adjusts its parameters to minimize the difference between the predicted output and the actual output. This process is repeated over many iterations until the algorithm can accurately make predictions on new, unseen data. Training is a crucial step in developing effective machine learning models and is essential for a wide range of applications, from image recognition and natural language processing to self-driving cars and fraud detection.

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There are several online resources that provide comprehensive industry sales and data to help investors make smart investment decisions like Statista, IBISWorld, Yahoo Finance and Bloomberg.

Some of the most useful resources include:

Statista: This is a data analytics platform that provides statistics and insights across various industries. It offers a wide range of data on topics like market size, growth rates, and consumer behavior.

IBISWorld: This is an industry research firm that provides reports on thousands of industries. The reports include information on industry performance, trends, and forecasts.

Yahoo Finance: This is a financial news and data website that provides information on individual stocks, as well as broader market trends. It also offers data on industries and sectors, including key metrics like revenue and earnings.

Bloomberg: This is a financial news and data service that provides real-time market data, news, and analysis. It also offers comprehensive data on industries and sectors, including historical trends and comparative analysis.

Investors can use these resources to gain a deeper understanding of specific industries and make informed investment decisions. By analyzing industry sales and data, investors can identify emerging trends, spot potential risks and opportunities, and make more informed investment decisions.

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Depletion expense is the cost allocated to natural resources over their useful life. The formula for depletion expense is (total cost of the resource – salvage value) / total units of the resource. In this case, the depletion expense can be calculated as ($67,500,000 - 0) / 30,000,000 = $2.25 per ton.

To journalize the adjusting entry on December 31 to recognize the depletion expense, the following entry should be made:

Depletion Expense         $9,000,000

    Accumulated Depletion         $9,000,000

This entry records the depletion expense of $2.25 per ton for the 4,000,000 tons that were mined and sold during the current year. The Accumulated Depletion account is a contra asset account that accumulates the depletion expense over the life of the mineral deposit.

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Answer:

Kindly see attached picture

Explanation:

Sales tax percentage= 8.5%

Sales = 10,000

Sales tax payable = 0.085 × 10000 = 850

Accounts payable = 10000 + 850 = 10850

Kindly see attached picture for journal entry

Life insurance is a contract between an insurer and a policyholder in which the insurer guarantees payment of a death benefit to named beneficiaries upon the death of the insured. The amount of life insurance needed depends on the financial needs of the dependents left behind. In John and Sherri’s case, they have three children who are still minors and depend on their income. They should consider purchasing enough life insurance to cover their children’s expenses until they are old enough to support themselves. It is recommended that they purchase a policy that is at least 10-12 times their annual income1.

As for whether they need one policy or more than one, it depends on their individual circumstances. If John and Sherri have different financial needs, they may need separate policies. For example, if John has more debt than Sherri, he may need a larger policy to cover his debts2.

While other financial statements like the Balance Sheet and Cash Flow Statement are important for a comprehensive analysis of the medical center's financial position and cash flow, the Income Statement is a starting point that provides a clear picture of the medical center's revenue, expenses, and profitability.

If I were a potential contributor or investor looking at the financial statements of a local regional medical center, the document I would start with is the Income Statement, also known as the Statement of Operations or Profit and Loss Statement.

The Income Statement provides a summary of the medical center's revenues, expenses, and net income (or loss) over a specific period, typically on an annual or quarterly basis. Here's why I would choose to start with the Income Statement:

1. Overall Financial Performance: The Income Statement gives an immediate snapshot of the medical center's financial performance. It shows whether the medical center is generating a profit or incurring a loss. By looking at the net income (or loss), I can assess the financial health and profitability of the medical center.

2. Revenue Breakdown: The Income Statement breaks down the medical center's revenue sources. This allows me to understand the composition of the revenue streams, such as patient services, insurance reimbursements, government funding, or other sources. Evaluating the revenue mix helps me gauge the diversity and stability of the medical center's income sources.

3. Expense Analysis: The Income Statement provides a breakdown of various expense categories, such as personnel costs, supplies, facility expenses, and administrative costs. Analyzing the expense structure allows me to understand the medical center's cost management and efficiency. It helps identify areas of potential cost reduction or areas where expenditures may be increasing disproportionately.

4. Profitability Ratios: Using the information from the Income Statement, I can calculate key profitability ratios such as gross profit margin and net profit margin. These ratios provide insights into the medical center's ability to generate profits from its operations, allowing me to compare its financial performance with industry benchmarks or similar healthcare organizations.

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Both Christensen's and Dawar's articles complement Porter's concept of strategy. Here are the details: Porter's concept of strategy: Michael Porter is a Harvard Business School professor who is best known for his work on competitive strategy. In his 1996 article

"What is Strategy?"

he defined strategy as "the creation of a unique and valuable position, involving a distinct set of activities." He claims that in order to create a sustainable competitive advantage, businesses must differentiate themselves from their competitors and have a clear understanding of their competitive environment. Christensen article support Porter's concept of strategy:The article "Finding the Right Job for Your Product," written by Christensen, Berstell, and Nitterhouse in 2007, supports Porter's concept of strategy by emphasizing the importance of understanding one's competitive environment in order to differentiate oneself from the competition. The article argues that businesses must figure out what job their product is meant to do, who the competition is, and how they can differentiate themselves in order to create a sustainable competitive advantage. They also argue that businesses should be aware of disruptive technologies that may cause them to lose their competitive edge.Dawar article support Porter's concept of strategy:Dawar's article "When Marketing Is Strategy," which was published in the Harvard Business Review in 2013, is similar to Porter's concept of strategy. Dawar claims that businesses must create a "strategic identity" in order to differentiate themselves from their competitors. He argues that this is achieved by using marketing to create a unique image or identity for the company that is difficult for competitors to replicate. This strategic identity, he argues, should be based on a deep understanding of the customer's needs and the company's capabilities. In this sense, Dawar's article supports Porter's concept of strategy by emphasizing the importance of creating a unique and valuable position and having a clear understanding of the competitive environment.

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The first step should making sure such child receives proper medical attention. When he is well, we can have a conversation with the neighbor to prevent it from happening again..

It is very important to prioritize the child's health in this situation and once the medical attention has been sought, we can have a calm and respectful conversation with the child's parent to discuss the incident for future interactions.

One can also review any legal liabilities or insurance policies that could be involved. So, by taking proactive steps to prevent similar incidents in the future can help maintain positive relationships with neighbors while ensuring everyone's safety.

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Answer: Cash.

Explanation: Cash is credited in the journal entry, because the asset cash decreases. (I know, it seems backwards and it’s hard to wrap your brain around it.)

Answer:

Equivalent units of direct materials= $180 per tons

Equivalent units of conversion =$62 per tons

Explanation:

Calculation to Determine the direct materials and conversion costs per equivalent unit.

Using this formula

Equivalent units of direct materials=Cost of direct materials transferred/Total equivalent units for direct materials

Let plug in the formula

Equivalent units of direct materials= $432,000/2,400

Equivalent units of direct materials= $180 per tons

Therefore the direct materials cost per equivalent unit will be $180 per tons.

Calculation for Equivalent units of conversion using this formula

Equivalent units of conversion=Conversion cost /Total equivalent units for Conversion

Let plug in the formula

Equivalent units of conversion=$144,150/2,325

Equivalent units of conversion= $62 per tons

Therefore the conversion cost per equivalent unit will be $62 per tons.

option b accurately reflects the long-run situation for a firm in a monopolistically competitive market, where new firms enter the market, the firm's demand curve becomes more elastic, and monopoly profits diminish over time.

In a monopolistically competitive market, there are multiple firms that offer differentiated products, which means each firm has some degree of market power. The market is characterized by a combination of monopolistic and competitive elements.Option b accurately describes the long-run situation for a firm in a monopolistically competitive market.

Here's an explanation:As firms in a monopolistically competitive market earn monopoly profits in the short run, it attracts new firms to enter the market. These new entrants introduce similar or substitute products, increasing competition. As a result, the demand for each individual firm's product decreases as consumers have more choices.With increased competition, the firm's demand curve shifts to the left, becoming more elastic. This means that consumers have more alternatives to choose from, reducing the market power of each firm. As the market becomes more competitive, firms experience a decrease in their profits, and the initial monopoly profits eventually disappear in the long run.

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The context diagram provides a high-level view of the cargo shipping process and the interactions between the Cargo department at CaribAir and its external entities. It helps to ensure that all stakeholders are accounted for and that the system operates effectively and efficiently to meet the needs of its customers.

A context diagram is a high-level view of a system that shows its interactions with external entities. In the context of the cargo shipping process from the perspective of the Cargo department at CaribAir, the context diagram would illustrate the external entities that interact with the department, including customers, shipping agents, freight forwarders, and other stakeholders.

The Cargo department at CaribAir is responsible for managing the shipment of goods via air transport. This involves receiving and processing orders from customers, coordinating with shipping agents and freight forwarders, preparing cargo for transport, and ensuring that it is delivered to its destination safely and on time.

The context diagram would show the external entities that interact with the Cargo department at CaribAir, including customers who place orders, shipping agents who provide information on cargo availability and transportation options, freight forwarders who coordinate the shipment of goods, and other stakeholders such as customs authorities and regulatory bodies.

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Complete question:

Describe the context diagram of the cargo shipping process from the perspective of the CArgo department at CaribAir and understand what CArgo is