In a perfectly competitive market, the optimal level of production is where marginal cost equals the market price. The correct option from the given alternatives is B) society would be better off if more hula hoops were produced because at the current level of production price is greater than marginal cost
In a perfectly competitive market, a firm sells its products at the prevailing market price. The firm is a price taker, and it cannot influence the market price by changing the quantity of its output.A perfectly competitive market has the following features:There are numerous buyers and sellers.
The product is homogeneous.A free entry and exit of firms from the market exist.The sellers are price takers, and the buyers are also price takers.In a perfectly competitive market, each firm seeks to maximize its profit.
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finley corporation has monthly fixed costs of $240,000. it sells two products for which it has provided the following information.
The contribution margin for the company is $10.
What is contribution margin?The difference between the selling price per unit and the variable cost per unit is known as the contribution margin (CM), also known as the dollar contribution per unit (DCPU). The amount of sales revenue known as "contribution" aids in covering fixed costs and is not utilized to cover variable expenditures. This approach is one of the cornerstones of break-even analysis. Analysis of contribution margins, a measure of operating leverage, evaluates the effectiveness with which increasing sales result in increasing profits. The fixed and variable costs of the company are combined in the contribution income statement, a management accounting version of the income statement, to determine contribution margin. Contribution margin calculations can be used by managers to determine whether to preserve or eliminate specific business features.
Contribution margin= 240000/24000=10
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Question:
Finley corporation has monthly fixed costs of $240,000. it sells two products for which it has provided the following information. Find the contribution margin of the company?
Which of the following is an example of a soft skill?
O A. Ability to use CSS spreadsheets
B. Ability to manage spreadsheets
C. Ability to work well with a project team
D. Ability to manipulate images using computer software
The ability to work well with project teamwork of the following is an example of a soft skill. The correct option is C.
Soft skills are character traits that help people interact with others positively and successfully. They are immaterial and typically do not pertain to a particular profession or sector of the economy. Soft skills examples include emotional intelligence, teamwork, problem-solving, flexibility, leadership, and communication.
The traits and aptitudes that enable you to work successfully with others during discussions, projects, meetings, or other collaborations are known as teamwork skills. Your capacity for effective communication, attentive listening, responsibility, and honesty are all necessary for teamwork.
Thus, the ideal selection is option C.
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Why do Business Owners assign business value to Teams' PI Objectives
Business owners assign business value to teams' PI (Program Increment) objectives in order to prioritize work and ensure that the team is delivering value to the organization.
By assigning business value to each objective, the business owners can determine which objectives are the most important or urgent, and allocate resources accordingly. Assigning business value to teams' PI objectives also helps to create alignment between the team's work and the organization's strategic goals and objectives. When the team understands the business value of their work, they can make better decisions about how to prioritize their work and allocate resources, and can ensure that their work is directly contributing to the organization's success.
Additionally, assigning business value to teams' PI objectives can help to create a sense of ownership and accountability among team members. When they understand the impact of their work on the organization's success, they are more likely to be motivated to deliver high-quality work and to take ownership of their responsibilities.
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how to figure out if a comapny is a monopoly an oligopoly monopolistically competitve or perfectly competitive
In a monopolistic market, there is only one company that has complete market dominance and sets the prices and levels of supply for goods and services whereas a perfectly competitive market is made up of numerous firms.
Companies are price makers in a monopolistic market because they set the prices for goods and services. Prices for goods and services are typically high in this type of market because businesses enjoy complete market dominance.
Buyers are aware of the nature of the goods being offered and the prices each firm charges, and the industry is characterized by freedom of entry and departure. In a completely competitive market, all firms sell the same product and are price takers.
The market is dominated by a small number of large suppliers in an oligopoly. Other less significant suppliers with a minor fraction of the oligopoly market share are possible. Oligopoly may stock, produce, or differentiate identical or similar goods.
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how can interest rate on loan for rental property determine the rent
The point at which birth and death rates balance is called
A Census growth
B Balancing growth
C zero population growth
Answer:
B balancing growth
Explanation:
a plaintiff suing breach of contract for 5000 dollars, but the agreement between the plaintiff and defendant agree upon price is just 300 dollars. Could the judge not award any money to the plaintiff even if the defendant did break the contract (because of the unreasonable high price that the plaintiff demanded)?
In a breach of contract case where the plaintiff is seeking $5000, but the original agreement between the plaintiff and defendant states a price of only $300, the judge has the discretion to consider the reasonableness of the plaintiff's demand.
If the judge determines that the requested amount is unreasonably high and disproportionate to the actual damages suffered by the plaintiff due to the breach, the judge may decide not to award any money to the plaintiff.
This decision would be based on the principle of ensuring fairness and preventing the plaintiff from unjustly profiting from the breach of contract.
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Which two age groups have seen the sharpest increase as a percentage of taxpayers from 2008 to 2018?
Answer:
over age 55 paid about 45 percent
The two age groups that have seen the sharpest increase as a percentage of taxpayers from 2008 to 2018 are 45 and 55, 55 and 65.
Who has the sharpest increase as a percentage of taxpayers?This is known to be those who have the biggest increase in terms of the percentage of taxpayers.
The biggest or largest share of the income tax burden is said to be 29 percent and it is one that is often is borne by an approximate of between the age of 45 and 55, and the other next largest share is 23 percent – that are carried by people between the ages of 55 and 65.
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In early 2009, General Electric (GE) had a book value of equity of $105 billion, 10.5 billion shares outstanding, and a market price of $10.80 per share. GE also had cash of $48 billion, and total debt of $524 billion. Three years later, in early 2012, GE had a book value of equity of $116 billion, 10.6 billion shares outstanding with a market price of $17 per share, cash of $84 billion, and total debt of $410 billion. Over this period, what was the change in GE's a. Market capitalization? b. Market-to-book ratio? c. Enterprise value?
Answer and Explanation:
1. The computation of Market capitalization is shown below:-
Market Capitalization in 2009 = Market Price × Outstanding Shares
= 10.5 × $105
= $1,102.5 billion
Market Capitalization in 2012 = Market Price × Outstanding Shares
= $17 × $10.6
= $180.2 billion
Changes in Market Capitalization = Market Price × Outstanding Shares
= $1,102.5 billion - $180.2 billion
= $922.3
b. The computation of Market-to-book ratio is shown below:-
Market to Book Ratio in 2009 = Market Value of Firm ÷ Book Value of Firm
= $1,102.5 billion ÷ $105 billion
= 10.5
Market to Book Ratio in 2012 = Market Value of Firm ÷ Book Value of Firm
= $180.2 billion ÷ $116 billion
= 1.55
Changes in Market to Book Ratio = Market to Book Ratio in 2009 - Market to Book Ratio in 2012
= 10.5 - 1.55
= 8.95
c. The computation of enterprise value is shown below:-
Book Debt to Equity Ratio in 2009 = Debt ÷ Book Value of Equity
= $524 ÷ $105
= 4.99
Book Debt to Equity Ratio in 2012 = Debt ÷ Book Value of Equity
= $410 ÷ $116
= 3.53
Changes in Book Debt to Equity Ratio = Book Debt to Equity Ratio in 2012 - Book Debt to Equity Ratio in 2009
= 3.53 - 4.99
= -1.46
Holly, Inc. Has a building that originally cost $435,000. Holly expects to be able to sell the facility for $206,000 at the end of its useful life. The balance of the related Accumulated Depreciation account is $117,000. The depreciable cost of the facility is:
Answer:
$229,000
Explanation:
Depreciable Cost = Cost - Residual Value
Depreciable Cost = $435,000 - $206,000
Depreciable Cost = $229,000
Thus, the depreciable Cost of the facility is $229,000. The depreciable cost is the cost of an asset that can be depreciated over time
Of the users that accessed the website between April 1st and July 28th, how many were newvisitors and how many were returning (These numbers won’t necessarily add up to the totalnumber of users as a single user may visit a site several times which makes them both a newvisitor (on their first visit) and a returning user on any following visit)?
To determine the number of new visitors and returning users, we need specific data on user visits during the period between April 1st and July 28th. Without that data, it is not possible to provide the exact numbers of new visitors and returning users.
The distinction between new visitors and returning users can only be made based on individual user data, such as cookies or user accounts. To calculate the numbers, we would need access to the website's analytics or user tracking data, which would provide information on unique visitors and their visit history.
Without this specific data, it is not possible to determine the exact number of new visitors and returning users during the given period.
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The period before a trial takes place is called the
a
O A. pre-trial phase
O B. complaint stage
O C. negotiation phase
D. post-trial period
Answer:
The answer would be A.
Explanation:
Discovery process, finding the facts.
Taking more than four years to graduate will increase costs and mayimpact a return on investment. What could you check to see how long most students take to finish at an institute of higher education?
Sticker price
Graduation rate
Net cost
Student body ratio
Answer:graduation rate
Explanation: due to the fact that it shows how many students graduate and how long it took
In order to find out how many years people take to finish at the higher institutions, the graduation rate is checked.
What is the graduation rate?This the rate that is used to check if the students that began a course of 4 or 5 years in the university would graduate.
The rate is used to measure the number that finish their study in a timely manner upon the period that they enrolled.
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(T/F) Amazon is an example of a company that has attempted to reduce order lead time for customers by adding warehouses to the distribution network to reduce the distance between its facilities and customers.
True. Amazon has added numerous warehouses to its distribution network to reduce the distance between its facilities and customers, which has helped to reduce order lead time for customers.
Amazon is a well-known example of a company that has attempted to reduce order lead time for customers by adding warehouses to its distribution network. By strategically placing warehouses closer to customers, Amazon has been able to reduce the time it takes for products to be delivered.
This has helped to enhance the customer experience and increase customer satisfaction, leading to more loyal customers and increased revenue.
Additionally, Amazon has invested heavily in logistics technology, including robotics and automation, to further improve its efficiency and speed of delivery.
By doing so, Amazon has become a leading player in the e-commerce industry and has set the standard for fast and reliable order fulfillment.
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highlight characteristics of itinerant traders
An innovative business idea that no one has never had
An innovative business idea that no one has never had is Offering virtual assistance to other businesses.
What is innovative business idea ?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
Vera has a June credit card balance of $476.09. Her payment due date is June 27th, with a grace period of 5 days. If her payment is late, the credit card company charges a $30 late fee.
Answer: $506.09
Explanation:
Just took the test
20 POINTS!!!! Please check the picture attached.
Answer:
6
Explanation:
Question 10 of 10
Credit unions differ from banks because they don't do what?
A. Have ATM machines
B. Seek to make profits
c. Offer checking accounts
D. Give out loans
SUBMIT
Answer:
how to get rid of the red sky episode of this is not a good time for you guys to come over for
Please help with all 3 bullet points
You have been invited to speak to a group of Managers at Paychex about increasing the business’s commitment to improved employee health benefits by increasing the opportunity to work remotely.
How will you appeal to their pathos?
How will you appeal to their ethos?
How will you appeal to their logos?
To appeal to the managers' pathos, I would emphasize the positive impact of remote work on employees' well-being, work-life balance and overall happiness.
How can remote work benefit employees' well-being and happiness?As managers, we must recognize the profound influence of employee well-being on their productivity and loyalty. By increasing the opportunity of work remotely, we offer employees a better work-life balance and flexibility.
This lead to reduced stress levels, increased job satisfaction and improved mental health. Remote work allows employees to save commuting time, spend more quality time with their families and achieve a greater sense of control over their lives.
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Before :110 After :143 percentage percentage
Answer:
19%
Explanation:
Calculate the GDP using the data below (all figures are shown in millions)
Personal Consumption = $50
Government Consumption = $20
Business Consumption = $80
Gross Investments = $100
MULTIPLE CHOICE >>
$150 million
$100 million
$250 million
$200 million
Answer:
$250 million.
Explanation:
To calculate the GDP using the following data (Personal Consumption = $ 50, Government Consumption = $ 20, Business Consumption = $ 80 and Gross Investments = $ 100) the following calculation must be performed:
50 million + 20 million + 80 million + 100 million = X
250 million = X
Therefore, the GDP is $ 250 million.
what sentence describes the human resources department?
1. "he builds strategies to deal with the challenge that the business faces due to the changing economic policies of the government, and market competition"
2. "he ensures that all of the company's activities and policies comply with the labor laws"
3. "he uses software applications to track production of goods. he also tried to target and reach the right custumers"
Answer:
Sentence 1 "he builds strategies to deal with the challenge that the business faces due to the changing economic policies of the government, and market competition" does not describe the human resources department specifically. It describes a management role in general, and some responsibilities may be shared between different departments such as finance, operations, marketing, etc. However, the HR department could be involved in strategizing how to manage the human capital of the company in light of the external challenges that the business is facing. The human resources department plays an important role in aligning the workforce with the business goals and objectives, and in creating policies and procedures to ensure that the company is able to adapt to changes in the external environment.
Sentence number 2 "he ensures that all of the company's activities and policies comply with the labor laws" describes the human resources department. The Human Resources department is responsible for ensuring that the company complies with labor laws and regulations, and is also responsible for managing the company's employees, including hiring, training, and benefits. The HR department also plays a key role in creating policies and procedures to ensure that the company is a fair and equitable workplace.
Sentence 3 "he uses software applications to track production of goods. he also tried to target and reach the right customers" does not describe the human resources department specifically. It describes a manufacturing or operations role, or a role in sales and marketing. The Human Resources department is responsible for managing the company's employees, including hiring, training, and benefits. The HR department also plays a key role in creating policies and procedures to ensure that the company is a fair and equitable workplace. It also ensures that the company complies with labor laws and regulations and also helps in aligning the workforce with the business goals and objectives.
Explanation:
Suppose your expenses for summer school are as follows: tuition: $5,000, room and board: $3,000, books and other educational supplies: $500. Further, during the term, you can only work part-time and earn $4,000 instead of your full-time salary of $10,000. What is the opportunity cost of going to college this term?
The opportunity cost of attending college this semester is $6500.
Using the following formula, opportunity cost is determined as follows: Opportunity Cost is calculated as Return on the Most Profitable Investment - Return on Investment Pursued.
= $5,000+$3,000- $500.=6500
The value of the best alternative foregone when, due to limited resources, a decision must be made between numerous mutually exclusive alternatives is known as the opportunity cost in microeconomic theory. If the best option is chosen, the "cost" is the loss of the benefit that would have been gained from selecting the next-best option. It is described as "the loss of potential gain from other choices when one alternative is chosen" in the New Oxford American Dictionary. The goal of opportunity cost, as a depiction of the link between scarcity and choice, is to ensure efficient use of limited resources.
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Please define and discuss in length, contrast and analyze the 3
Strategic Options for Competing Globally. Please provide well
thought real world examples.
When competing globally, organizations have three strategic options to consider: international strategy, multinational strategy, and global strategy.
Each option represents a different approach to expanding operations and competing in international markets. In this discussion, we will define and analyze these strategic options, highlighting their contrasts and providing real-world examples.
1. International Strategy:
An international strategy focuses on leveraging the organization's core competencies and products in foreign markets through exports and limited local adaptations. The organization maintains a centralized structure, with decisions made at the headquarters. This strategy allows the company to take advantage of economies of scale, access new markets, and benefit from lower production costs.
Example: Coca-Cola is an excellent example of an international strategy. The company exports its beverages to various countries while maintaining a standardized product and marketing approach. Coca-Cola's core competencies in branding and distribution enable it to compete globally while adapting to local tastes and preferences through product variations.
2. Multinational Strategy:
A multinational strategy involves decentralizing decision-making and allowing subsidiaries or regional units to operate with significant autonomy. The organization adapts its products and marketing strategies to suit local markets, accounting for cultural differences, customer preferences, and regulatory requirements. This strategy enables a high level of local responsiveness and customization.
Example: McDonald's Corporation follows a multinational strategy. While maintaining its core menu items globally, McDonald's adapts its offerings to suit local tastes and cultural norms. For instance, in India, McDonald's introduced vegetarian options to cater to the predominantly vegetarian population, showcasing its flexibility and ability to customize its offerings for specific markets.
3. Global Strategy:
A global strategy emphasizes standardization across markets, with a centralized decision-making structure and a focus on cost efficiency and economies of scale. The organization treats the global market as a single entity, minimizing local adaptations and leveraging global synergies. This approach allows the company to achieve cost advantages and create a consistent brand image worldwide.
Example: IKEA exemplifies a global strategy. The company maintains a standardized product range and store layout across its global locations, promoting a uniform brand experience. By focusing on cost efficiency, bulk purchasing, and flat-pack furniture, IKEA has been able to provide affordable products while maintaining a strong global presence.
Contrast and Analysis:
The key contrasts among these strategic options lie in the degree of standardization, local adaptation, and decision-making centralization. International strategy focuses on centralization and standardization, multinational strategy emphasizes local adaptation and decentralization, while global strategy prioritizes standardization and centralized decision-making.
Organizations must carefully analyze their industry, target markets, and competitive advantages to determine the most suitable strategic option. Factors such as cultural differences, consumer preferences, regulatory environments, and resource capabilities play a significant role in this decision-making process.
It is important to note that organizations often employ a combination of these strategies based on the specific markets and products. They may adopt a multinational strategy in some regions while pursuing a global strategy in others, depending on the market dynamics and opportunities.
In conclusion, the strategic options for competing globally provide organizations with different approaches to expand their operations and compete in international markets. By understanding the contrasts, analyzing real-world examples, and considering their own capabilities and market conditions, organizations can make informed decisions to effectively compete and succeed on a global scale.
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assume that the economy is at point b. with no further shocks or policy moves, the economy in the long run will be at point: A) A.
B) B.
C) C.
D) D.
Option (b), The economy in the long run, without any further shocks or policy moves, will be at point B.
the economy operates in the short run and the long run. In the short run, the economy can be affected by shocks such as changes in government policies, natural disasters, and technological advancements. However, in the long run, the economy will reach its potential output level, which is determined by factors such as technology, labor force, and capital stock.
In the question, it is stated that the economy is at point B. Point B represents the short-run equilibrium, which can deviate from the potential output level. If there are no further shocks or policy moves, the economy will eventually adjust and return to the potential output level, which is represented by point B.
Therefore, the main answer to the question is that the economy in the long run will be at point B.
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PLS I NEED THREE DIFFERENCES BETWEEN NEEDS AND WANTS
Answer: yes
Explanation
What is a "need" and what is a "want"
three difrences between needs and wants. Needs and wants are two of the most common words used in our everyday language, but what is the difference between them? Generally speaking, a need is something necessary for survival, such as food or shelter. A want, on the other hand, is something desired but not necessarily necessary, such as a luxurious vacation or the latest electronic device. To better understand the differences between needs and wants, here are three key distinctions:
1. The impulse to acquire: When it comes to needs, there is often a sense of urgency and obligation associated with them. We have an impulse to acquire what we need in order to survive and thrive. Wants, however, do not have this same feeling of urgency. We may want something, but there is no real obligation to acquire it and our lives will go on without it.
2. Sources of satisfaction: Needs are typically associated with a sense of satisfaction when they are satisfied. For example, eating when you are hungry or getting a good night’s sleep after a long day. On the other hand, wants
The main source of finance for public corporations is s _ _ _ _ f _ _ _ _ _ _ (from t _ _)
Answer:
tax
Explanation:
the tax is a national practise carried all over the country
Choose a product and explain how it moves through the supply chain.
5 sentence PLEASE HELP
Food goes from producer to consumer via the processes of production, processing, distribution, retailing, and consumption in the food supply chain; as a result, food moves in a domino-like way from farmer to consumer.
What exactly is Supply chain management?Supply chain management is the control of a product's or service's whole manufacturing process, from the procurement of raw materials to the delivery of the finished product to the client. To move the product from suppliers of raw materials to companies that interact with clients directly, a firm builds a network of suppliers (or "links" in the chain").Systems that effectively manage the supply chain cut costs, waste, and manufacturing cycle time. The industry standard is a just-in-time supply chain, which immediately transmits replenishment orders from retailers to manufacturers. When items is sold, retail shelves can therefore be almost immediately restocked. One method for further improving this process is to analyze the data from supply chain partners to identify where more adjustments can be made.Learn more about supply chain here:
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What is marginal value.
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