How would you explain supply and demand to a friend who had never heard of the concept?
Answers
Explanation:
demand is the quantity of a good or service a person is willing and able to buy per their interest and income or other factors at various prices in a given period of time.
supply is the amount of a particular product that a firm or seller is willing and able to offer for sale considering factors like price , cost of production, customer preference etc at a give period of time
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110 PART 2 PORTER'S APPROACH TO INDUSTRY ANALYSIS Michael Porter, an authority on competitive strategy, contends that corporation is mes con cemed with the intensity of competition within its incestry
Answers
Michael Porter's approach to industry analysis is based on his ive Forces Fmodel. This model is used to determine the intensity of competition within an industry and to identify the key factors that influence a corporation's ability to compete in the market.
The five forces include:
1. Threat of new entrants: This refers to the ease with which new competitors can enter the market. If there are low barriers to entry, the threat of new entrants is high, and competition within the industry is likely to be intense.
2. Bargaining power of suppliers: This refers to the ability of suppliers to influence the prices of the goods and services they provide. If suppliers have a high degree of bargaining power, they can exert more control over the prices of their products, which can impact the profitability of the corporations within the industry.
3. Bargaining power of buyers: This refers to the ability of buyers to influence the prices of the goods and services they purchase. If buyers have a high degree of bargaining power, they can exert more control over the prices of the products they buy, which can impact the profitability of the corporations within the industry.
4. Threat of substitute products: This refers to the availability of products or services that can be used in place of those offered by the corporations within the industry. If there are many substitute products available, the threat of substitution is high, and competition within the industry is likely to be intense.
5. Rivalry among existing competitors: This refers to the level of competition among the corporations within the industry. If there is a high degree of rivalry, competition within the industry is likely to be intense.
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A market stall sells bread for £1 a loaf and cookies for 60p each. Yesterday 1000 loaves of bread and 2000 cookies were sold. What was the market stall's revenue?
Answers
Answer: £2200
Explanation:
From the question, we are informed that a market stall sells bread for £1 a loaf and cookies for 60p each and that 1000 loaves of bread and 2000 cookies were sold.
The market stall's revenue would be:
= 1000(£1) + 2000(60p)
= £1000 + 120000p
= £1000 + (120000/100)
= £1000 + £1200
= £2200
The revenue is £2200
Note that 100 pence = 1 pound
An international business is a firm that
Part 2
A. hires non-U.S. citizens.
B. produces a wide range of products.
C. is not from the United States.
D. engages in international trade or investment.
Answers
Option D: An international business is a firm that engages in international trade or investment.
Therefore, the correct answer is option D. An international business is a company that conducts business across national borders. This can include importing and exporting goods, investing in foreign markets, and operating in multiple countries.
It is not necessarily defined by the nationality of its employees, the range of products it produces, or the country in which it is headquartered. International business refers to the trade of goods, services, technology, capital and/or knowledge across national borders and at a global or transnational scale. It involves cross-border transactions of goods and services between two or more countries.
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find average utility, if total utility of 7 commodities is70
Answers
Answer:
10
Explanation:
The average utility is the total utility derived from the consumption of goods and services divided by the total number of items consumed.
i.e,. total utility/items consumed
In this case, the total utility is 70, and the number of items consumed is 7.
Average utility = 70/7
=10
HOW IS EVERYONE i love u all and enjoy helping you where u may struggle
Answers
Answer:
THANK YOU SOOO VERY MUCH. I need assistance with my question
A pool lifeguard demands money after saving bob from drowning in the pool. bob does not have to pay the lifeguard because this is an instance of __________.
Answers
A pool lifeguard demands money after saving bob from drowning in the pool. Bob does not have to pay the lifeguard because this is an instance of pre-existing duty.
A pool lifeguard is responsible for the general supervision and safety of swimmers by preventing and responding to emergencies. Lifeguards are superior swimmers who are able to give advice on water safety to swimmers.
When a pool lifeguard demands money after saving bob from drowning. The lifeguard should not be paid, as it is the pre-existing duty of a lifeguard to help swimmers in an emergency.
Hence, the lifeguards administers first aid in the event of injury, rescues swimmers in distress or danger of drowning.
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Why do potential lenders frequently request to see your credit report before allowing you to borrow money? *
1 point
It allows them to see exactly what you purchase on a regular basis, so they can assess your character
It's the only way they can legally see how much you have in your bank accounts
It allows them to assess your creditworthiness by reviewing where you went to college, where you work, and how much you've paid, so far, in taxes
It allows them to assess how much current debt you have and how responsible you've been in making payments on existing debt
Answers
Potential lenders frequently request to see your credit report before allowing you to borrow money because it allows them to assess how much current debt you have and how responsible you've been in making payments on existing debt.
What is credit report?
Your particular credit history is compiled in a credit report. Your credit report contains information that can be used to identify you, such as your address and date of birth, as well as information about your credit past, such as how you handle debt or whether you've ever filed for bankruptcy.
Your credit reports contain valuable financial data that lenders use to assess your degree of credit risk or how likely you are to make on-time bill payments. Your credit reports detail the kinds of credit accounts you've had, your payment history, and other details like your credit limits.
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which of the following is an invoice presented by the carrier to a shipper
A: bill of lading
B: carrier freight bill
C: delivery receipt
Answers
why is training important for a good job?plz answer
Answers
Advantages of training
Increased job satisfaction and morale among employees.
Increased employee motivation.
Increased efficiencies in processes, resulting in financial gain.
Increased capacity to adopt new technologies and methods.
Increased innovation in strategies and products.
PLEASEE! unit test in progress!!
A tax accounting software company is trying to help potential customers understand how other tax firms are already using certain platforms to complete their work. What type of primary research might they use to BEST tell that story?
a. Websites about tax firms’ busy season
b. Account textbooks
c.an interview with a single client
d. 10 case studies of existing clients
Answers
Answer:
It is D
Explanation:
.
Lin recently bought stock in a company. After the purchase, the company had an exceptional year, made huge growth, and earned big profits. What is MOST likely to happen as a result of this performance? (FIRST ANSWER GETS BRAINLIEST)
Lin will get a share of the profit.
The company will have to shut down completely.
The business will try to buy back all stock that Lin initially purchased.
Answers
Lin recently bought stock in a company. After the purchase, the company had an exceptional year, made huge growth, and earned big profits. What is MOST likely to happen as a result of this performance?
Lin will get a share of the profit.
The company will have to shut down completely.
The business will try to buy back all stock that Lin initially purchased.
Lin will be forced to sell the stock to pay taxes on the company’s profits.
Answer: Lin will get a share of the profit.
Explanation:
it's correct
Grandview produces small machined parts Grandview uses a job.costing system The nature of its process is such that management expects normal spoilage at a rate of 3% of good parts Data for last quarter are Click the icon to view the data for the last quarter) The spoiled parts were identified after 100% of the direct material cost was incurred The disposal value is $3 00/part Read the requirements Requirement 1. Record the journal entries if the spoilage was (a) job specific or (b) common to all jobs (Record debits first, then credits. Exclude explanations from any journal entries ) Begin by preparing the journal entry for normal spoilage if the spoilage was a) job specific Journal Entry Accounts Credit Debit 500 500 Cash Work in Process - X Data table Production (units) Good parts produced Direct material cost/unit 250,000 242,500 $ 8.00 Check answer Requirements 1. Record the journal entries if the spoilage was (a) job specific or (b) common to all jobs 2. Comment on the differences arising from the different treatment for these two scenarios Print Done
Answers
Requirement 1: If the spoilage was job-specific: Journal entry: AccountsCreditDebitWork in the process – X$1,500.00Loss due to spoilage$1,500.00Journal entry for the production of good parts: AccountsCreditDebit
Work in process – X$1,950,000.00 Direct material cost$1,950,000.00 Cash$1,950,000.00
The amount of work in progress due to spoilage is $1,500 ($8 x 187.5). When a batch is identified as spoilt, this job-specific expense is debited to the Work in Process (WIP) account.
The journal entry for the production of good parts is then made, with the direct material costs being debited to the WIP account as well.
Requirement 2:If the spoilage was common to all jobs: Journal entry: AccountsCreditDebitLoss due to spoilage$37,500.00Work in process$37,500.00Journal entry for the production of good parts: AccountsCreditDebitWork in process$1,912,500.00Direct material cost$1,950,000.00Cash$1,950,000.00
Common spoilage losses are debited to a Loss due to the Spoilage account, while good parts production is debited to the WIP account. This approach has the advantage of spreading the cost of spoilage across all products that have passed through the production process in a given period.
Comment on the differences arising from the different treatments for these two scenarios: If the spoilage was job-specific, the cost of the spoilage is charged against the specific job that produced it. If the spoilage was common to all jobs, the cost is distributed to all jobs based on the overall production volume.
Because job-specific spoilage costs are applied to individual jobs, there is a greater possibility that they may result in job-specific overhead rates that do not reflect the underlying cost structure of the products being produced. The use of a common spoilage account reduces the likelihood of this occurring by distributing spoilage costs uniformly across all goods that have been produced.
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Why is Rent to Own a Rip Off?
Answers
Which problem can be solved by division of decimals? Danette needs 8 dozen eggs for her restaurant. How many eggs should she buy? How much money does Dawna need to fill her 11. 5 gallon gas tank if the price of gas is $3. 59 a gallon? How many more miles does Judy’s family have to drive to reach their destination if they have driven 45. 4 miles of a 123. 8 mile trip? What is Jeremy’s average if he received a total of 323. 7 points on 7 tests?.
Answers
Answer:
What is Jeremy's average if he received a total of 323.7 points on 7 tests?
Explanation:
The first question requires the multiplication of whole numbers to find how many eggs 8 dozens are.
The second question includes decimals but you have to multiply that not divide.
The third question also includes decimals but it is the subtraction of them not division.
To find the average, you need to divide the total by how many there are and those are provided in decimals so it is the fourth question.
what is a milk cartel
Answers
Answer:
hope this helps?!
Explanation:
Congress sets minimum prices for milk, but nothing stops - or should stop - individual farmers from bargaining for higher prices. ... Indeed, because of a shortage induced by the federally sponsored slaughter of dairy herds last year, most dairy farmers are now able to charge a substantial premium.
Here is the condensed 2021 balance sheet for Skye Computer Company (in thousands of dollars): 2021 Current assets Net fixed assets $1,400 2,600 $4,000 Total assets $ 600 200 1,350 250 Accounts payable and accruals Short-term debt Long-term debt Preferred stock (10,000 shares) Common stock (40,000 shares) Retained earnings Total common equity Total liabilities and equity 775 825 $1,600 $4,000 Skye's earnings per share last year were $2. 60. The common stock sells for $45. 00, last year's dividend (Do) was $1. 90, and a flotation cost of 11% would be required to sell new common stock. Security analysts are projecting that the common dividend will grow at an annual rate of 10%. Skye's preferred stock pays a dividend of $2. 70 per share, and its preferred stock sells for $30. 00 per share. The firm's before-tax cost of debt is 9%, and its marginal tax rate is 25%. The firm's currently outstanding 9% annual coupon rate, long-term debt sells at par value. The market risk premium is 5%, the risk-free rate is 6%, and Skye's beta is 1. 612. The firm's total debt, which is the sum of the company's short-term debt and long-term debt, equals $1. 55 million
Answers
The growth rate of dividends: is 0.0513 or 5
Total common equity = Common stock + Retained earnings
Total common equity = 40,000 shares * $45 per share + $825,000
Total common equity = $2,025,000
Calculate the cost of common equity using the CAPM model:
RCE = RF + β × (RM - RF)
RCE = 0.06 + 1.612 × 0.05
RCE = 0.14 or 14%
Calculate the cost of preferred stock:
RPS = Dps / Pps
RPS = $2.70 / $30
RPS = 0.09 or 9%
Calculate the cost of debt:
Rd = 0.09
Calculate the weighted average cost of capital (WACC):
WACC = (E/V) × RCE + (D/V) × Rd × (1 - T) + (P/V) × RPS
where E = market value of equity, D = market value of debt, P = market value of preferred stock, V = total value of the firm, and T = marginal tax rate.
First, we need to calculate the market value of equity:
Market value of equity = Number of common shares outstanding × Price per share
Market value of equity = 40,000 shares × $45 per share
Market value of equity = $1,800,000
Next, we need to calculate the market value of debt:
Market value of debt = Short-term debt + Long-term debt
Market value of debt = $775,000 + $775,000
Market value of debt = $1,550,000
Next, we need to calculate the market value of preferred stock:
Market value of preferred stock = Number of preferred shares outstanding × Price per share
Market value of preferred stock = 10,000 shares × $30 per share
Market value of preferred stock = $300,000
Finally, we can calculate the total value of the firm and the WACC:
Total value of the firm = Market value of equity + Market value of debt + Market value of preferred stock
Total value of the firm = $1,800,000 + $1,550,000 + $300,000
Total value of the firm = $3,650,000
WACC = ($1,800,000 / $3,650,000) × 0.14 + ($1,550,000 / $3,650,000) × 0.09 × (1 - 0.25) + ($300,000 / $3,650,000) × 0.09
WACC = 0.1142 or 11.42%
Calculate the growth rate of dividends:
Growth rate of dividends = Retention rate × Return on equity
Retention rate = 1 - Dividend payout ratio
Dividend payout ratio = Do / Earnings per share
Dividend payout ratio = $1.90 / $2.60
Dividend payout ratio = 0.73 or 73%
Retention rate = 1 - 0.73
Retention rate = 0.27 or 27%
Return on equity = Earnings per share / Book value per share
Book value per share = Total common equity / Number of common shares outstanding
Book value per share = $2,025,000 / 40,000 shares
Book value per share = $50.625 per share
Return on equity = $2.60 / $50.625
Return on equity = 0.0513 or 5
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As you read through the draft of your message, you consider whether parts of your message should be rearranged to make your point more effective. Proofreading Evaluating Editing
Answers
Answer:
The correct answer will be "Editing".
Explanation:
Editing seems to be the process where even the letter being written is reconstructed or reconfigured to more efficiently express the letter. Arranging, modifying, as well as assembling a recorded, written, or video content for official completion, commonly by such an individual except for the producer of the content (considered as an editor).The other options in question aren't relevant to the particular circumstance. So the option available here is just the right one.
Well-known responses to demands that occur in a normal, predictable way are known as.
Answers
The demands that occur normally on a daily basis, which is also a response to demand is Routine Task Performance.
What is a Routine Task Performance?Routine Task Performance is a daily work carry out by an employee or an individual. This means that routine Task Performance is a known task expected to be delivered on a daily basis.
They are routine performance that would be same task which one does everyday without even thinking about it.
Examples of routine task performance are :
Commonplace tasks.Duties as must be done regularly or at specified intervals.Therefore, well-known responses to demands that occur in a normal, predictable way are known as Routine Task Performance.
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In the context of sequencing,__________is the difference between the completion time and the due date of a job. a. flow time b. makespan c. lateness d. tardiness
Answers
In the context of sequencing, it should be noted that the difference between the completion time and the due date of a job is known as lateness.
Makespan simply means the time that's needed to process a given set of jobs. On the other hand, tardiness is the amount of time where the completion time exceeds the due date of the job.
The difference between the completion time and the due date of a job is simply referred to as lateness. In this case, the job is past its due date.
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what areas of the project went well, according to the customer survey results? select all that apply.
Answers
The areas of the project that went well, according to the customer survey results are:
The quality of work, adhering to the schedule, good communication, and overall customer service. These areas can be determined by analyzing the results of the customer satisfaction survey.
What is a customer satisfaction survey?
A customer satisfaction survey is a method of obtaining customer feedback regarding their satisfaction with a company's products or services. Customer satisfaction surveys are conducted by businesses to assess the level of satisfaction of their customers. A customer satisfaction survey is an important tool for companies that aim to enhance customer loyalty and satisfaction.
What is the purpose of a customer satisfaction survey?
The purpose of a customer satisfaction survey is to measure the level of satisfaction of customers with a company's products or services. The results of a customer satisfaction survey can provide businesses with valuable insights into how their customers perceive their products or services. They can help companies identify areas where they need to improve their performance and enhance their customer service levels.
What are some common customer satisfaction survey questions?
The following are some common customer satisfaction survey questions: How satisfied are you with the quality of our product/service? Did our product/service meet your expectations? How would you rate the timeliness of our delivery/service? Did our staff communicate effectively with you? Were you satisfied with the level of customer service you received? How likely are you to recommend our products/services to others? What areas do you think we could improve on?
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Ticker services began operations in year 1 and holds long-term investments in available-for-sale debt securities. the year-end costs and fair values for its portfolio of these investments follow.
portfolio of available-for-sale securities cost fair value
december 31, year 1 $11,000 $17,500
december 31, year 2 18,900 28,000
december 31, year 3 20,600 30,200
december 31, year 4 14,800 19,700
required:
prepare journal entries to record each year-end fair value adjustment for these securities.
Answers
The fair value adjustment for available-for-sale securities is recorded through the following journal entry:
Year 1:
Debit: Unrealized Gain/Loss on Available-for-Sale Securities $6,500
Credit: Accumulated Other Comprehensive Income $6,500
Year 2:
Debit: Unrealized Gain/Loss on Available-for-Sale Securities $9,100
Credit: Accumulated Other Comprehensive Income $9,100
Year 3:
Debit: Unrealized Gain/Loss on Available-for-Sale Securities $9,600
Credit: Accumulated Other Comprehensive Income $9,600
Year 4:
Debit: Unrealized Gain/Loss on Available-for-Sale Securities $4,900
Credit: Accumulated Other Comprehensive Income $4,900
The Unrealized Gain/Loss on Available-for-Sale Securities account is a temporary account that is closed to Retained Earnings at the end of each fiscal year. The Accumulated Other Comprehensive Income account is a permanent account on the balance sheet that accumulates the fair value adjustments until they are realized.
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WILL GIVE BRAINLIEST!! Answer the following 3 questions A, B, or C
Answers
Answer:
B
C
A
Explanation:
Answers:
1.B
2.C
3.A
.....
Please help. Atleast the top 2
Answers
Answer:
Number 1 is Pure Market. Number two is socialist, I'm pretty sure.
Explanation:
Please mark me brainliest if someone else answers :>
1. Describe the general effect of education on a person’s earnings. (50 word minimum) *Take into consideration our notes*
2. Do you think this means everyone should make the decision to enroll in college? Tell me the why and why not? (70 word minimum) *Take into consideration our notes and the video on ‘The Economics of Education.’*
3. Describe your plan for work and/or college after high school. Then, describe one strategy you can use to allocate your time and money now that will help you stick to that plan in the future. (125 word minimum)
4. Lastly, what is the opportunity cost of the decision you explained in Question 3? (60 word minimum
Answers
Education and income have a high correlation. A common phrase used to describe education is "an investment in human capital." Similar to how individuals invest in financial assets to produce money, they also invest in human capital. In general, those who have more education make more money.
What are the benefits of education?With its positive effects on health and livelihoods, social stability, and long-term economic growth, education is a potent force for change. Each of the 17 sustainable development goals must be achieved in order for it to succeed.
Among other things, income consists of wages, rent, interest, dividends, and subsidies. Due to their higher investment and saving rates compared to other classes, the rich or upper class tends to have a bigger percentage of unearned income in their overall income. The quality of a person's education and talents are immediately reflected in their employment.
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Differentiate between economic and non economic activity with example.
Answers
Answer:
Economic activity refers to a human activity related to production and consumption of goods and services for economic gain. Non-economic activity is an activity performed gladly, with the aim of providing services to others without any regard to monetary gain. Economic, i.e. to earn money.
Explanation:
Answer:
Economic activities are performed for economic motive, i.e. earning profit. Any activities involving money or the exchange of products or services are economic activities.For instance, running a small business is a great example of economic activity.
On the other hand, non-economic activities are performed due to social or psychological reason. These are those activities which do not give income in return. They also do not contribute to the flow of goods and services in the economy.
Explanation:
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What are 3 reasons for having a checking account?
Answers
The major reason for having the checking account are financial safety, easy access to your funds, savings from check-cashing fees, and overall financial peace of mind.
Checking account:
In accounting, checking account is the type of bank account that allows you to easily deposit and withdraw money for daily transactions.
Given,
Here we need to find the 3 reasons for having a checking account.
Based on the given definition we know that the checking account is the that is perfectly suitable for the daily transactions actions.
Therefore, the reason behind the usage of checking account is listed as,
=> helps you manage your day-to-day finances, such as paying your bills,
=> receiving direct deposit of your paycheck, and
=> withdrawing cash from an ATM.
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Toplo: Costa & revenue (2)
Q1
Shampooch is a dog grooming business focused on providing a high quality and professional
service. The selling price for a full aroom, wash, cut and blow dry is £28 per dog with
variable cost of £8 per dog. The fixed costs are 1,000 per month
Activity Calculator
a) the total variable cost if 120 dogs are groomed per month
b) the total fixed costs If 120 dogs are groomed per month
c)the total costs If 120 dogs are groomed per month
Answers
The total variable cost if 120 dogs are groomed per month is £960.
the total fixed costs If 120 dogs are groomed per month is £1000.
The total costs If 120 dogs are groomed per month is £1960
Fixed cost and variable costFixed cost is the cost that remains constant regardless of the number of dogs that are groomed. If one dog or 100 dogs is groomed, fixed cost would remain the same.
Variable cost is the cost the increases with the number of dogs that are groomed.
Total cost is the sum of fixed cost and variable cost.
Total variable cost.Total variable cost = variable cost per dog x total number of dogs
£8 x 120 = £960
Total fixed costs.
The total fixed costs If 120 dogs are groomed per month is £1000.
Total costs
£960 + £1000 = £1960
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What are some of the ripple effects of food waste
Answers
Answer:
Increased wastage of food can prompt expanded quantities of one, which would then be able to place the second in the chain out of equilibrium. The frameworks in the chain are touchy, and even the littlest changes can have an expanding influence on a biological system, lessening its biodiversity.
Explanation:
A machine does 200J of work in 35seconds , calculate the power developed
Answers
The required power developed by the machine is 5.714 Joule per second.
Power generated by a machine is defined as the work done by a machine in a single unit of time.
Power = work/time
Unit of power is joule per second
Here,
A machine does 200J of work in 35seconds
Power generated by the machine is given as,
Power = work/time
Substitute the value in the above equaiton,
Power = 200 / 35
Power = 5.714 J/s
Thus, the required power developed by the machine is 5.714 Joule per second.
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Which of the following was the most immediate cause of global economic integration in the late twentieth and early twenty-first century? a Decreases in the cost of long-distance communication and transportation b Regulation of air and water pollution in the developed world c Population growth in the developing world d Increased dependence on cheap oil from the middle east