a. The typical result of work is the absolute result partitioned by the quantity of laborers. The slope of a line from the origin to the point on the production function that corresponds to that quantity of labor is known as the slope. When the marginal product is less than the average product, the average product begins to decline. After 16 units of labor, the marginal product begins to decline in this instance.
b. The additional output produced by each additional unit of labor is the marginal product of labor. It is the slope of a line that is tangent to the labor-corresponding point on the production function. When it reaches zero, the marginal product will be maximized. 8 units of labor will achieve maximum efficiency in this instance.
c. The marginal revenue product (MRP), which is equal to price divided by the marginal product (MP), can be used to determine the optimal number of workers employed. MRP = P * MP. P is $20 per unit, and MP is 90 plus 48L minus 9L2. We must determine where MRP is maximized before we can determine how much labor should be employed. d(MRP)/dL = 48 - 18L = 0 is the result of dividing MRP by L. When we solve for L, we get L = 8/3 units of labor. Consequently, the most ideal number of work utilized is roughly 2.67 units.
When the original inputs (or components of production) are used effectively, the production process and outcome are produced directly. Land, labour, and capital are regarded as the three major production elements, or primary producers of commodities or services. In the output process, neither the primary inputs nor the finished product is considerably changed.
Materials and energy, which are byproducts of land, labor, and capital, are regarded as secondary variables in classical economics. A further look reveals that main determinants include all of the resources at play, including land, which includes the natural resources above and below the soil. Human capital and labor, however, are not the same.
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The GPS SmartSole is a discreet wearable insole that fits in the shoe and provides GPS tracking of the wearer. This product is being marketed as an inexpensive solution for caregivers whose charges are prone to wandering, like those with Alzheimer's disease or autism. When the insoles were first made available to consumers, what was the marketing objective for the company at that early stage of the product life cycle
Answer:
srry i just had to answer bc my answer was at 69
Explanation:
The marketing objective for the company at that early stage of the product life cycle is Create awareness and stimulate trial.
What is marketing objective ?Marketing objectives are a list of specific, quantifiable goals created as a component of a marketing plan. Specific goals are set forth in marketing objectives, such as "reduce customer acquisition cost by 10% by the end of the next quarter."
The SMART methodology—specific, measurable, achievable, relevant, and time-based—is frequently used to develop effective marketing goals. Businesses assess their marketing goals using SMART goals to determine whether they match the requirements for success.
The marketing objective for a product in the introduction stage of the product life cycle is to create consumer awareness and gain trial.
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The loans that were most profitable tended to
have the shortest/ longest terms and the
lowest/highest monthly payments.
Circle the correct term
Question:
The loans that were most profitable tended to have the
A) Shortest terms, lowest monthly payments
B) Shortest terms, highest monthly payments
C) Longest terms, lowest monthly payments
D) Longest terms, highest monthly payments
Answer:
The correct option is C) Longest terms, lowest monthly payments
Explanation:
We don't know the nature of the loan and the conditions of disbursement so I'll make certain assumptions here.
As with all debts, every credit given must be paid back.
If the nature of the credit is that it has a short term and high monthly payback, it may put the business under undue pressure, thus defeating the real purpose behind the reason for the credit. Many businesses borrow money to solve a problem. It may be expansion problems, or business recovery problems. In either case, the business always requires ample time to regain traction.
So to request for the payback in less time than it takes for the business to generate traction in terms of customers, market awareness, and real business activity is counter-productive. Many times this is the case, as investors want to recoup their capital as quickly as possible.
So, from the standpoint of the loan recipient, when loan facilities, however, are spread over a longer period with low monthly paybacks, it gives the business room for more operational flexibility as far as finances are concerned. The business is able to weather "teething" periods and payback the funds. Long terms allow the business more time to trade the funds thus generating more profit.
Cheers
As there is no known form of the loan or the terms of disbursement, there will be made assumptions here to answer the queston. Every credit issued must be repaid, just like any other loan.
The Longest term, lowest monthly payments are the correct answer:If the credit has a short-term and a large monthly payback, it may put the business under unnecessary stress, negating the factful objective of the credit. So requesting payment sooner than the time it takes for the business to gain market awareness, momentum in terms of clients, and actual commercial activity is counterproductive. This is often the case since investors want to get their money back as soon as possible.As a result, from the perspective of the loan recipient, when loan facilities are stretched over a longer length of time with modest monthly paybacks, it allows the business to have greater operational flexibility in terms of finances.
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Question 9 of 20
What is a sales quote?
A. A statement that summarizes items purchased and the prices
paid
B. A statement that details a purchase and requests payment of the
specified amount due
C. An estimate that offers to provide goods and services at a
specified price and sometimes by a specified date
D. A request to buy specified items at the seller's price
SUBMIT
Answer: C. An estimate that offers to provide goods and services at a
specified price and sometimes by a specified date
Explanation:
is the correct answer
The sale quote is an estimate that offers to provide goods and services at a specified price and sometimes by a specified date. The correct option is (C).
What do you mean by the term sale?A sale is a transaction that involves exchanging products or services for a specific sum of money.
To put it another way, a sale is any action that involves giving the buyer possession of a thing or commodity in return for payment.
The availability of the goods and services that are to be acquired as well as the seller's authorization to transfer the goods and services to the appropriate buyer are among the conditions precedent to a sale.
Sales support the growth of a business. Better sales translate into better earnings, which aid in the development and growth of the company. Therefore, the profit and margin are better the more that is sold.
Therefore, the sale quote is an estimate that offers to provide goods and services at a specified price and sometimes by a specified date.
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Inventory may be recorded at net realizable value if:
-there is a controlled market with a quoted price.
-there are no significant costs of disposal.
-the inventory or products are available for immediate delivery.
-all of these answer choices are correct.
All of these answer choices are correct in this question. Inventory may be recorded at net realizable value if,
there is a controlled market with a quoted price.there are no significant costs of disposal.the inventory or products are available for immediate delivery.The notion of inventory includes both raw materials utilized in production and finished goods offered for sale. Inventory is one of a company's most significant assets since it is one of the primary sources of revenue generation and, as a result, a supply of earnings for the company 's investors.
Every firm relies heavily on inventory. It is defined as the collection of raw materials or finished goods that a company keeps on hand during the normal course of business. The three primary forms of inventory are raw materials, also known as any resources necessary to make completed things, work-in-progress (WIP), and finished goods, or those that are ready for sale.
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demand is ___ when the price change results in a relatively larger change in the quantity demanded
Answer:
Demand is elastic when the price change results in a relatively larger change in the quantity demanded :3
Explanation:
:3
What kind of risks can exist in a business?
A business may have a/an _________ or a/an _________ risks.
1a fulfilled
1b internal
1c distinct
2a unfulfilled
2b merged
2c external
A business may have internal risk or external risks. Hence the above blank is filled. A business usually takes steps to measure the limitations in the business tormented.
What is an Internal Risk and External Risks?Internal Risk is one wherein a business, an organization, or an institute is based on the fact that people have been working within the business and suppose the business loses some important assets. It is a loss internally for the business and is also called Internal Risk. Internal Risks can be also like some individual from within the business secretly supplying Business leads to other competitors this is known as Internal Risk.
Whereas External Risks are those that are being carried over some time and are continuously in the process of directly competing with the external markets or business institutes. External Risks include direct loss of the company in the market. This is known as the External Risk.
Hence, the above statement is correct.
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Kevin Carter Male Clothing Ltd is a chain of fashion outlets across Birmingham and the
midlands. In quarter 1 they had inflows of £540,000 across their three stores, with outflows
of £495,000. Their opening balance for the quarter was £20,000. For quarter 2 they
anticipate inflows to increase by 7.5% and outflows increase by 5%. Calculate their closing
balance for Quarter 2.
Internal audits, the use of firewalls, employee disciplinary processes, training, and other practices are a few examples of internal controls. Threats that could hurt the business and lead to asset loss are a reality for all enterprises.
What Are Preventive Internal Controls?Internal controls that prevent negative events from happening are implemented for the reason that their name suggests. For instance, numerous programs include built-in safeguards to prevent the entry of inaccurate data.The most effective controls are those that prevent mistakes from happening in the first place. Even better are automated preventative controls, which simplify audits and do away with the need for human intervention.An example of a preventative internal control
Internal controls to prevent unfavorable outcomes include training programs, drug testing, firewalls, computer and server backups, and more.The Complete Question.
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which business below is most likely to have cash flow that is cyclical?
The business that is most likely to have cyclical cash flow is a construction company.
Construction companies tend to have cyclical cash flows due to the nature of their business. They may have periods of high activity and cash inflows when they are working on multiple projects simultaneously, but then experience a decrease in activity and cash outflows when those projects are completed.
Additionally, construction companies are highly dependent on the economy and may experience fluctuations in demand for their services during times of economic downturns. As a result, these companies must carefully manage their cash flows to ensure they have sufficient funds to cover their expenses during slower periods. By implementing sound cash flow management strategies, such as forecasting future cash inflows and outflows and maintaining a cash reserve, construction companies can mitigate the impact of cyclical cash flows on their operations.
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What types of planning can be done to improve a nation’s economy?
A nation can undergo ____ planning or ___ planning in order to improve its economy.
Answer:
A nation can undergo long-term planning or constructive planning in order to improve its economy. Long-term planning involves setting goals and implementing policies that will have an impact over a period of several years. This type of planning may involve investments in education, infrastructure, and research and development, among other areas. Constructive planning involves implementing policies that encourage economic growth and development, such as reducing barriers to trade, promoting entrepreneurship and innovation, and investing in key industries. These types of planning can help a nation to create jobs, increase productivity, and improve living standards for its citizens. THANK YOUWhen was the last time the us had a balanced budget?
Since the fiscal year 2001, when the federal government's expenses and revenues were equal, the United States has not experienced a balanced budget.
Since that time, the federal government has perpetually had a budget deficit, which means that its spending has outpaced its income. The growing costs of entitlement programmes like Social Security and Medicare, as well as increased expenditure on military and other government programmes, have been the main causes of the federal government's budget deficits. Since many years ago, there have been attempts to balance the federal budget; however, these efforts have usually failed because of political opposition to tax and expenditure increases, as well as economic reasons including recessions and poor economic development.
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what is decision necessary? what is the process of decision making?
Answer:
Decision making is the process of making choices by identifying a decision, gathering information, and assessing alternative resolutions. Using a step-by-step decision-making process can help you make more deliberate, thoughtful decisions by organizing relevant information and defining alternatives.
Erik, a management intern at Struebing, Inc., was tasked with investigating ways for Struebing to more effectively compete on a global basis. He was intrigued to learn about ________ as a framework by which to improve quality and to gain certification in accordance with these quality standards.
He was intrigued to learn about ISO 9001 as a framework by which to improve quality.
What is ISO 9001?ISO 9001 which full meaning is International Organization for Standardization is a quality management organization that provide a quality standard for company or organization to follow so as help them provide quality service to their customers or clients
ISO 9000 is important for companies as it enables them to improve their quality so as to meet their customer expectation.
Inconclusion he was intrigued to learn about ISO 9001 as a framework by which to improve quality.
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Ed decided he had to say something. He thought about saying, "barry, you’re ruining my life with all the work assignments. " instead, he said, "barry, lately i’ve felt overworked and wondered if we could talk about my work assignments. " what principle of holding a difficult conversation is most at play here?.
The solution is remaining composed and blocking out noise. Instead of reacting quickly and telling Barry that he was wrecking his life, Ed remained composed and talked to him about his tasks.
Explanation
Barry and Ed had been coworkers for more than five years. They actually regarded one another as close friends.
But recently, there has been tension in their relationship. Ed felt that Barry was assigning him too much work without providing any genuine incentives or rewards. As a result, Ed had frequently canceled family commitments in order to complete the task. Barry, on the other hand, couldn't fathom Ed's recent icy treatment of him.
Ed finally made the decision that he had to speak up. Barry, you're killing my life with all these job assignments, he considered saying. The alternative was, "Barry, I've feeling overworked lately and wondering if we might talk about my work duties."
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A trust established by your will that becomes effective upon your death is called a(n) ____________ trust.
testamentary
living
irrevocable
revocable
Answer:
testamentary trust is the answer.
Answer: hello, your answer would be TESTAMENTARY
Explanation:
i just finished the test and got it right
Commitment decision can assist a school leaver to adapt to change of entrepreneurship
Answer:
When battling unemployment, entrepreneurship is a solution, entrepreneurs open doors to new ventures, new business, new alliances etc. When an investor puts money into a startup or a venture, the entrepreneur automatically gets to expand its team to scale the venture and hence providing employment to more people.
^_________^ <3
Porter is visiting india and would like to purchase some local spices. He finds some spices that cost 320. 38 rupees. If the current exchange rate is 1 dollar:73. 6500 rupees, how much do the spices cost in u. S. Dollars?.
Porter is visiting India and would like to purchase some local spices. So, the spices cost in u. S. Dollars is $ 4.36.
What do you mean by the current exchange rate?An exchange rate determines the price at which one currency will be exchanged for another and has an impact on international trade and money transfers.
Both the value of the home currency and the value of the foreign currency have an impact on exchange rates.
The buying rate and selling rate are the rates at which currency traders will purchase and sell foreign currency, respectively.
Given,
Cost of Spices = 320.38
Exchange rate = 73.6500
Here,
Cost of spices in Dollars = 320.38 / 73.65
Cost of spices in Dollars = 4.36
Therefore, Porter is visiting India and would like to purchase some local spices. So, the spices cost in u. S. Dollars is $ 4.36.
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gehrig is willing to pay $90 for a cap made of raccoon skin. suppose he finds such a cap for $71 on ebay. if gehrig buys the cap, he will have an individual consumer surplus of $71.
False. Gehrig's consumer surplus is the difference between the maximum price he is willing to pay ($90) and the actual price he pays ($71). Therefore, Gehrig's consumer surplus in this case is $90 - $71 = $19, not $71.
Individual consumer surplus is the difference between what a consumer is willing to pay for a good or service and what they actually pay for it. In the given scenario, Gehrig is willing to pay $90 for a cap made of raccoon skin. However, he finds the same cap on eBay for $71. Hence, if he buys the cap at this price, his individual consumer surplus would be $19 ($90 - $71).
Consumer surplus is an important concept in economics as it reflects the value that consumers derive from consuming goods or services. When consumers are able to purchase goods or services at a price lower than what they are willing to pay, it generates consumer surplus. This surplus represents a gain in consumer welfare and is a measure of the efficiency of the market.
In summary, Gehrig's individual consumer surplus in this scenario is $19, which represents the additional value he gains from purchasing the cap at a lower price than what he was willing to pay.
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Which of these can be considered “online banking?”
I. A brick-and-mortar bank that allows its customers to transfer money online.
II. A bank that has only a few branches but has customers depositing money online.
III. A bank that does not exist as a real building, but only has an internet presence.
Answer:
D
Explanation:
l, ll, & lll
All the given statements are examples of online banking. Thus, all the given statements are correct statements.
What is online banking?Online banking, often known as internet banking, online banking, or home banking, is a type of electronic payment system that allows clients of banks and other financial institutions to carry out a variety of financial transactions via the website of the financial institution. In order to offer consumers access to banking services in addition to or in substitute for traditional branch banking, the online banking system will normally link to or be a component of the core banking system run by a bank.
Online banking provides greater convenience to some customers by reducing the need to visit a branch bank and the convenience of being able to conduct banking transactions even when branches are closed. It also significantly lowers operating costs for banks by decreasing their reliance on a branch network.
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who made among us?
when was it made?
plz help it is not that important but i want to now what it is!!!!!
Answer:
InnerSloth
Explanation:
June 15, 2018
An American worker can produce either 5 cars or 8 tons of grain a year. A Japanese worker can produce either 4 cars or 9 tons of grain a year. To keep things simple, assume that each country has 100 million workers.Complete the following table with the quantities of cars produced and consumed in each country if there is no trade.
In the above production economics problem, since there is no trade, each country consumes what it produces, hence the consumed quantity is the same as the produced quantity for both countries.
What is the explanation for the above response?Assuming no trade, the table for the quantities of cars produced and consumed in each country would be as follows:
Country Cars Produced Cars Consumed
USA 500 million 500 million
Japan 400 million 400 million
Since each country has 100 million workers and each American worker can produce 5 cars, the total production of cars in the USA is 5 x 100 million = 500 million. Similarly, each Japanese worker can produce 4 cars, so the total production of cars in Japan is 4 x 100 million = 400 million.
Thus, since there is no trade, each country consumes what it produces, hence the consumed quantity is the same as the produced quantity for both countries.
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Considering absolute and comparative advantages, how would you explain the growth in AJC exports from China to the USA?
The growth in AJC (Aluminum Junction Clips) exports from China to the USA can be explained by both absolute and comparative advantages.
Absolute advantage refers to a country's ability to produce a good more efficiently and at a lower cost compared to other countries. In the case of China, it is likely that they have a lower production cost for AJC due to factors such as cheaper labor and access to raw materials. This lower cost allows Chinese producers to offer competitive prices in the US market, leading to increased exports.
Comparative advantage, on the other hand, refers to a country's ability to produce a good at a lower opportunity cost compared to other goods it can produce. It is possible that China has a comparative advantage in the production of AJC, meaning that they can produce AJC at a lower opportunity cost compared to other goods they could produce. This encourages Chinese producers to specialize in AJC production and export it to the USA, where they can take advantage of their comparative advantage.
In conclusion, the growth in AJC exports from China to the USA can be attributed to China's absolute advantage in terms of lower production costs and its comparative advantage in the production of AJC. These advantages enable Chinese producers to offer competitive prices and specialize in AJC production, leading to increased exports to the USA.
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If D1 = $1.50, g (which is constant) = 6.5%, and P0 = $56, what is the stock's expected capital gains yield for the coming year?
If D1 = $1.50, g (which is constant) = 6.5%, and P0 = $56, the stock's expected capital gains yield for the coming year is 2.68%.To calculate the stock's anticipated capital picks up abdicate for the coming year, ready to utilize the taking after equation:
Expected Capital Gains Yield = g = (D1 / P0)
Where:
D1 = Dividend expected to be paid in the coming year
P0 = Current stock price
We can substitute these values into the formula:
Expected Capital Gains Yield = g = ($1.50 / $56)
Calculating the result:
Expected Capital Gains Yield = g = 0.02678571428 (approximately)
thus, the stock's expected capital gains yield for the coming year is approximately 2.68% (0.0268 when expressed as a decimal).
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16. Demographics are
Answer:
statistical data relating to the population and particular groups within it.
Explanation:
!!
What are 2 examples of transactions that do not affect the business?
Answer:Answer is True. For example, a sale of goods for cash. Cash (an asset) is increased while inventory (an asset) is decreased. Note that the transaction affects two account on the same side because both of cash and inventory are assets but the net effect leaves the equation in balance
Mr. Coffey bought a house for $195,000. He made a 20% down payment. The interest
rate is 5.25% for 30 years. Use the loan payment calculator to answer the following
questions. (do not use commas or dollar signs in your answer)
What is his monthly payment?
Answer: $861.44
Explanation:
Given the following :
Purchase price = $195,000
down payment = 20%
Interest rate = 5.25%
Period = 30 years
Down payment = 0.2 × $195,000 = $39,000
Therefore, loan amount will be :
$(195,000 - 39,000) = $156,000
The payment per period (monthly payment) can be calculated using the annuity calculator.
Present value = $156,000
Number of periods = 30yrs = 30× 12 = 360 months
Interest = 5.25% / 12= 0.4375% = 0.004375
Future value = 0 (Amount when entire loan has been paid)
Therefore, the payment per period is $861.44 using the financial calculator.
a financial exchange will need to occur. Evaluate each of the following types of financial exchanges and recommend the best option for the exchange.
(a) Cash
(b) Credit
(c) Debit
(d) Electronic Funds Transfer (EFT)
Financial exchange can be of different types however the best option for exchange is A. Cash.
What is Credit?Credit is the type of transfer of financial assets, this transfer includes financial institutions in this type the funds are transferred.
Debit
An exchange type is debit which is the transfer of financial liabilities in return of a consideration, One party transfer a good or service and instead of payment the party which transferred goods also transfers some liabilities.
Electronic Funds Transfer (EFT) is the exchange which is completely online and transfer is made through financial institutions, this transfer is quick.
Cash is the most preferred mode of exchange and therefore this is considered as the best option. Cash is paid in hand, it has the lowest risk of false transfer.
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Question 2 of 10
Before taking the exam to receive CPA certification, a person must:
A. complete two years of professional education.
B. complete a one-to two-year supervised internship program.
C. gain two years of experience in financial management.
D. complete at least 120 credit hours of postsecondary education.
SUBMIT
what's the answer please
Before taking the exam to receive CPA certification, a person must complete at least 120 credit hours of postsecondary education.
What is a CPA certification?The CPA certification means the certified public accountant certification which is a designation given to those who meet education and experience requirements and pass an exam.
Hence, the requirement to take the exam to receive CPA certification, a person must complete at least 120 credit hours of postsecondary education.
Therefore, the Option D is correct.
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Which step directly follows "loss of jobs” in the stagflation cycle?
Answer:
fewer items produced
Explanation:
Answer:
D
Explanation:
If an employee who is working in a hard-hat area is not wearing her helmet, trips over a ladder that has been left in the way, and hits her head, is the employer responsible for the accident? Explain why or why not.
Explanation:
The employer is majorly responsible for the accident. It is the the duty of the employer to have provided the employee with necessary personal protective equipment (PPE) needed in the workplace to avoid accident of such. PPE are equipment used by employee in the workplace to avoid unforseen accident during working hour. Some of this PPE is the helmet that the employee was not wearing.
On the other hand, the employee should be held responsible if he had been provided the necessary PPE but refused or forget to use it whatever the case maybe.
When positive externalities are present in a market a. private benefits will be greater than social benefits. b. social benefits will be greater than private benefits. c. only government regulation will solve the problem. d. the market will not be able to generate an equilibrium.
Answer:
b. social benefits will be greater than private benefits
Explanation:
Positive externalities can be defined as those that produce positive effects for society in relation to the consumption of a good or service.
This is because the social benefit is the sum of the private benefit plus the sum of the external benefit.
An example of positive externality pertinent to the present is the fact that vaccinating people generates greater positive effects on society, because when vaccinating an individual there is less chance of having more people infected with some disease.
So it is correct to say that the social benefits will be greater than the private ones. Letter b.