ha basic concept in economics is that all resources are scarce. allocated. valuable. renewable.ow does scarcity determine the economic value of an item? by the amount of goods that are produced by the capital required to build the factory by the unlimited wants of the consumers by the resources consumed in production

Answer:

14,344 is the correct ammont that they earn.

Answer:

It is important to write a zero-based budget every month because the zero-based budget ensures that every dollar you make is assigned a specific purpose.

Explanation:

Answer:

3.2%

Explanation:

this is an ordinary annuity:

future value of an ordinary annuity = annual payment x future value annuity factor

$366,000 = $11,000 x future value annuity factor

future value annuity factor = $366,000 / $11,000 = 33.2727

you can solve this in two ways:

the first is with a lot of math work in order to solve the following equation

33.2727 = [(1 + i)²³ - 1] / i

or

you can use an annuity calculator (available online) which will yield 3.2%

When the average income tax rates increase as a result of economic expansion, it is known as fiscal drag or bracket creep.

Fiscal drag, also known as bracket creep, occurs when the average income tax rates increase due to inflation or economic expansion without corresponding adjustments to tax brackets. As incomes rise due to economic growth or inflation, individuals may find themselves moving into higher tax brackets, resulting in a higher average tax rate applied to their income.

This phenomenon happens because tax brackets are typically fixed or adjusted infrequently, and they are based on income thresholds. As incomes increase over time, individuals may find that a larger portion of their income is subject to higher tax rates.

Fiscal drag can have implications for the progressivity of the tax system and may result in individuals paying a higher proportion of their income in taxes without experiencing a corresponding increase in real income.

When average income tax rates increase as a result of economic expansion without adjustments to tax brackets, it is known as fiscal drag or bracket creep. This phenomenon can lead to individuals paying a higher proportion of their income in taxes, impacting the progressivity of the tax system.

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Both are changes of state for these two changes have in common if chemicals in a battery reacting to power a flashlight water vapor condensing on a bathroom mirror.

The commonality between the two changes is that they are both condensing changes of state. Chemicals in a battery reacting to power a flashlight is an example of a chemical change where the reactants are converted into new products, and energy is released in the form of electricity. On the other hand, water vapor condensing on a bathroom mirror is an example of a physical change where water vapor changes into a liquid state as it comes into contact with a cool surface.

While both changes do involve the breaking and forming of chemical bonds, only the chemical reaction in the battery is an example of a chemical change. Neither change is only a physical change since they involve transformations of the substances involved.

Both changes also conserve mass, as the amount of matter present before and after the change is the same. Thus, the only commonality between these two changes is that they are both changes of state.

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Employees are used to meet the firm's strategic objectives when a firm's approach to human resources is geared to drive the company's overall success.

Companies frequently set explicit and verifiable progress targets. Strategic objectives are the firm's big-picture aims; they outline what the organization does to strive to fulfil its mission. Strategic objectives are often performance goals, such as launching a new product, increasing profitability, or increasing market share for the company's product.

Business enterprises, in particular, spend substantially on information to fulfil six major business objectives: Excellence in operations. New goods, services, and business models are being developed. Customer and supplier trust.

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Answer:

repetitive movement

Explanation:

i actually had this question in my last period that's so fun hahha good luck

The ergonomic hazard in this situation given above is:

According to the given scenario, a cashier has to hold her hand in a certain manner in order to properly scan the items of the customers who came to make purchases at the store.

As a result of this, we can see that the ergonomic hazard which is described from the above scenario is that of an awkward posture which Tina, the cashier has to perform.

Therefore, the correct answer is option A

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The given statement "regardless of family income, the fafsa should be completed in order to apply for federal student aid." is True because fafsa need to be completed however to apply for student aid.

Regardless of family income, completing the Free Application for Federal Student Aid (FAFSA) is necessary to apply for most types of federal student aid. The FAFSA is used to determine a student's eligibility for grants, loans, and work-study programs offered by the federal government to help pay for college or career school.

The FAFSA is used by the federal government, states, and colleges to determine a student's Expected Family Contribution (EFC), which is the amount of money the student and their family are expected to contribute towards their education.

Even if a student's family income is high, they may still be eligible for some types of aid, such as unsubsidized loans. Additionally, some colleges use the FAFSA to determine eligibility for their own institutional aid programs.

Completing the FAFSA is a crucial step in the financial aid process and should be done as soon as possible after October 1st of each year. Students should also be aware of any state-specific deadlines for submitting the FAFSA, as well as any additional forms or documentation required by their college or university.

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when marketers define their target market, they simultaneously establish a set of: characteristics and attributes that are used to identify and segment the specific group of consumers.

What is target market?

A target market refers to a specific group of individuals or customers who are the intended audience for a product, service, or marketing campaign. It is the segment of the overall market that a business or organization aims to reach and serve with its offerings. Identifying and understanding the target market is essential for developing effective marketing strategies, delivering value to customers, and achieving business objectives.

When marketers define their target market, they establish a set of characteristics and attributes that help them identify and segment the specific group of consumers they want to target with their marketing strategies. These characteristics can include demographic factors such as age, gender, income, education level, and geographic location, as well as psychographic factors like lifestyle, attitudes, values, and interests.

By defining their target market, marketers can tailor their marketing messages, products, and services to meet the specific needs and preferences of their intended audience. This allows them to effectively allocate their resources, focus their efforts, and maximize the impact of their marketing campaigns. Target market definition also helps marketers identify potential opportunities, understand consumer behavior, and develop more relevant and personalized marketing strategies.

Ultimately, the process of defining a target market involves carefully analyzing and understanding the characteristics and attributes of the desired consumer group to ensure that marketing efforts are directed towards the most receptive audience.

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Answer:

a.Mass production

Explanation:

Mass production also known as flow or continuous production is used when identical and standardized items are to be produced.  This method usually make use of assembly lines thereby making large number of identical products.

Mass production is suitable when the volume of the item to be produced is large making many copies of an item quickly. This method is based on division of labor and use of modern methods.

Here is a basic rule of thumb: Correct answers to questions one and two are B and C, respectively. Most experts advise setting a yearly retirement savings goal of 10% to 15% of your pre-tax income while preparing for retirement.

A retirement savings account is the ideal approach to save for retirement. We don't intend to be sly. Simply be very literal. Although there are many various types of investment accounts, retirement accounts like IRAs and 401(k)s were designed particularly to encourage people to save for their later years.

You should have three times your yearly wage in savings by the time you are 40. You should have six times your annual wage saved up by the time you turn 50. You should have eight times your current wealth by the age of 60.

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The food handlers license is the cost that is the most important that would help to attract the customers.

Based on the fact that the business is licensed to operate, the people would be able to trust the food business.

Hence they would be more likely to be able to go there in order to get the services that they need in the business.

Hence the license is the cost that would help to attract the people

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The daily demand rate is 100 brackets. This is calculated by dividing the annual demand of 10,000 brackets by the number of days in a year, which is 365.

The optimal production quantity is 60 brackets. This is calculated using the economic order quantity (EOQ) formula, which is:

Code snippet

EOQ = sqrt(2DS/H)

Use code with caution. Learn more

where:

D = daily demand rate = 100 brackets

S = setup costs = $25

H = holding costs = 10% * $14.80 = $1.48

The total annual inventory cost is $1,735. This is calculated by adding the annual purchase cost, holding cost, and setup cost. The annual purchase cost is $1,480. This is calculated by multiplying the annual demand of 10,000 brackets by the cost per bracket of $14.80. The annual holding cost is $295. This is calculated by multiplying the optimal production quantity of 60 brackets by the holding cost per bracket of $1.48 and the number of days in a year, 365. The annual setup cost is $912.50. This is calculated by multiplying the number of setups per year, 10,000 / 60 = 166.67, by the setup cost of $25. The total annual inventory cost is $1,735. This is calculated by adding the annual purchase cost of $1,480, the annual holding cost of $295, and the annual setup cost of $912.50.

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Answer:

Every marketing plan should include a clear explanation of the market segmentation, target market focus, and a market forecast. To develop an effective plan based on your customers' needs and nature.

Customer retention rate for the third quarter is 94.06%

The formula below is used to calculate customer retention rate.

Customer retention rate (CRR) = {Customers at the end(E) - Customers acquired during the period(N) / Customers at the start(S)}  * 100

CRR = {(E-N)/S)} x 100

CRR = {(100 - 5) / 101} * 100

CRR = {(95) / 101} * 100

CRR = 94.06%

Therefore, customer retention rate for the third quarter is 94.06%

Answer: 94%

Explanation:

CRR = (end-new)/start

When the text refers to rational self-interest, it means an individual's focus on looking out for what is best for them. This means that individuals aim to make decisions that would benefit themselves the most and try to minimize any costs or negative consequences they may face. Rational self-interest is a fundamental concept in economics and is often used to explain why individuals make the choices they do.

Rational self-interest assumes that individuals are rational decision-makers who try to maximize their own well-being. This means that individuals weigh the benefits and costs of their actions before making a decision and choose the option that gives them the most benefit at the least cost. Rational self-interest is not necessarily selfishness or greed but is simply the idea that people act in their own self-interest.

In economics, rational self-interest is a critical concept because it is used to understand how individuals make choices and how those choices impact society as a whole. For example, it helps explain why individuals choose to work, save money, and invest in their future.

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Answer:

A private limited firm refers to a corporation. A corporation’s internal sources of financing are mostly limited to its retained profits, and money realized from the sale of its assets. In case of the given example, because the company does not have enough cash on hand, it will have to rely on several external sources of financing. The most important source of procuring financing for the company is a bank loan. Thus, the company can raise money from institutions such as banks or other creditors in the form of loans. The company will need to repay loans in the future, and therefore the company will record this as a liability in its accounts. However, these ways of procuring money would help the company arrange $15,000 in order to purchase the fabric and other accessories.

The sources of financing will remain the same even in the case of a sole proprietorship; that is, retained earnings or loans from external sources such as banks. However, in the case of a public limited company, the answer would change. In the case of a public limited business, it has another option of raising financing through the issue of common or equity shares.

The industrial revolution did not result in English settlement of the New World. So, the correct answer is option "C. english settlement of the new world"

The industrial revolution, which took place from the late 18th century to the mid-19th century, was a period of significant social and economic change in Western Europe, North America, and eventually the world. It was distinguished by a shift from manual labor to machine-based manufacturing, as well as an increase in factory productivity and economic growth.

As a result, many of the world's countries underwent dramatic changes, both socially and economically. Therefore, it is necessary to note that the English settlement of the New World is not one of the consequences of the Industrial Revolution.

Increased competition between industrialized countries, increased organization of workers, and the growth of new businesses in Great Britain were all consequences of the Industrial Revolution. In addition, it resulted in a significant social shift in which people moved from agricultural or craft-based societies to industrial societies.

Therefore, it can be concluded that the English settlement of the New World was not an effect of the industrial revolution.

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Story sequence is vital to engaging the audience and delivering the tale. Story order is determined by various methods. Common styles:

Chronological Order: This is the simplest approach, where events are presented in order. The story is linear.

Flashbacks/Flashforwards: Presenting events out of order. Flashbacks show past events and flashforwards future occurrences. They build suspense and character.

Nonlinear/Narrative Jumping: Rearranging the story's sequence to make it more interesting. It can switch views or historical periods, creating a multilayered plot.

Framed Narrative: A story within a story. A character recounts events to another character or in a diary, producing numerous layers of storytelling.

Parallel tales: This approach weaves many tales together. It promotes connectivity and character exploration.

Narrative goals, themes, and audience influence determine storytelling style. Different styles enhance storytelling by adding suspense, perspective, and emotion.

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Barter is the type shown in the statement as Charlie, Leah's neighbor, trades some of her homemade peppers for tomatoes from his garden. They are just exchanging goods in return of goods.

Bartering is the exchange of products or services between two or more individuals without the use of money or a monetary mechanism like a credit card.

Trading is defined as a transaction in which one party provides one good or service in exchange for another party's provision of a different good or service.

Thus, option D, Barter is correct.

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The Correct answer is C. The principle that asks the decision-maker to imagine the answer a highly moral person would have for the same question is the principle of virtue ethics.

Virtue ethics is a technique of ethics that treats the concept of moral virtue as vital. virtue ethics is commonly contrasted with other predominant tactics in ethics, consequentialism, and deontology, which make the goodness of outcomes of an action (consequentialism) and the idea of moral responsibility (deontology) important. even as distinctive feature ethics does not always deny the importance of goodness of states of affairs or moral duties to ethics, it emphasizes ethical distinctive feature, and once in a while different standards, like eudaimonia, to an extent that different moral tendencies do not longer.

In virtue ethics, a virtue is a morally suitable disposition to assume, feel, and act properly in a few areas of life. further, a vice is a morally awful disposition related to thinking, feeling, and performing badly. Virtues aren't normal behavior; they are individual tendencies, in the feeling that they're central to a person’s character and what they are like as someone. A distinctive feature is a trait that makes its possessor a great man or woman, and vice is one that makes its possessor a horrific character.

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Complete Question:

The principle that asks the decision-maker to imagine the answer a highly moral person would have to the same question is the

A) Principle of Distributive Justice.

B) Principle of Moral Rights.

C) Principle of Virtue.

D) Universalist Principle.

Answer:

Private Sector

Explanation:

I'm fairly confident this is it, but I'm not too sure. Sorry to disappoint

Each scenario should be matched to the factors that affect the labor market as follows:

Immigration can be defined as the movement of a group of people from one geographical region to another geographical destination such as a city, especially in search of any of the following:

A foreign direct investment (FDI) simply refers to a type of investment which is made by an individual or business organization (investor) into an investment market that is located in another country.

In conclusion, an example of foreign direct investment (FDI) is a US supermarket chain that is planning to open a few supermarkets in a country in Europe.

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Answer:

Post Test: Free Market and Businesses

Unit: 2

Economics

Question #12

__________________________________________________________

This is 100% right because I took the test

Go to explanation for picture with answers

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Explanation:

Here's the picture and I hope this helped!

Have a nice day!

Without ensuring the sale of the entire issue, the investment banker sells the new securities on commission under the following circumstances: Best effort.

Investment banking refers to particular business operations of a financial services firm or corporate division that involve advisory-based financial transactions on behalf of private persons, public companies, and public authorities. Such a bank, which is more commonly linked with corporate finance, might help raise money by underwriting or serving as the client's agent in the issue of debt or equity instruments. An investment bank may also offer support services to businesses engaged in mergers and acquisitions (M&A), such as market-making, equities and derivatives trading, FICC services (fixed income instruments, currencies, and commodities), or research (macroeconomic, credit or equity research). Along with their businesses for investment research, the majority of investment banks continue to run prime brokerage and asset management divisions. The Bulge Bracket (highest tier), Middle Market (mid-level businesses), and Boutique Market categories make up the industry (specialized businesses). Investment banks don't accept deposits, in contrast to commercial and retail banks. The Glass-Steagall Act, which was passed in 1933, kept investment banking and commercial banking separate in the US until it was repealed by the Gramm-Leach-Bliley Act in 1999. G7 nations and other industrialized nations generally do not retain such a division. The Volcker Rule claims some institutional separation of investment banking services from commercial banking as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (Dodd-Frank Act of 2010).

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After a sales call, Debbie heads back to the office to enter information into the CRM system.

A tool known as customer relationship management (CRM) is used to handle all interactions and relationships between your business and its clients.

The objective is straightforward: strengthen business ties to expand your company. CRM systems assist businesses in maintaining contact with clients, streamlining procedures, and boosting profitability.

A CRM system, a technology that aids in contact management, sales management, agent productivity, and other tasks, is what most people mean when they mention CRM.

Today, customer relationship management (CRM) systems can be used to manage customer connections throughout the customer lifecycle, including interactions in marketing, sales, digital commerce, and customer service.

Hence, the correct answer is CRM system.

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