In the 2nd Episode of Commanding Heights, we learn how the ideas of economics continued to shape global politics and history through the 20th Century. The influence of ideas from economics grew as the world tilted towards market-based economic systems and increased global trade and global finance.
As with the first Documentary Discussion Board, there are several steps to the discussion. First, answer one question from the list below for your initial post. Then, you will need to also ask a follow-up question of a classmate related to their initial answer. The third and final step is to reply to the question asked by your classmate. (Be sure to read the Documentary Discussion Board document for details.)
Full credit requires:
Answering one of the questions below for your initial post.
Reading your classmate's answers and asking them a follow-up question (please try to post your follow-up question by Monday, Sept 20).
If you get a follow-up question from a classmate, you must answer it.
Questions for initial post:
Choose one of the following questions to answer in a 3-4 sentence post.
1. What did this episode teach you about the discipline of economics or about economies in general? Please clarify with details from the episode.
2. Did you find anything controversial in this episode? If you did not, is there anything in the documentary that you can imagine being controversial to others? Explain the idea or topic and why you think it is controversial.

The scenario described in the question aligns with the goal of testing hypotheses in data analysis. In this case, the economist wants to test the hypothesis that the price elasticity of demand of alcohol is negative, which is a fundamental concept in economic theory.

To do this, the economist will need to collect data on the prices and quantities of alcohol sold, and use statistical methods to estimate the price elasticity of demand. The goal of testing hypotheses in data analysis is to determine the validity of a particular hypothesis or theory, and to provide evidence to support or reject it.

In this case, the economist's findings will contribute to our understanding of the relationship between price and demand for alcohol, which has important implications for public health and policy. Overall, the goal of testing hypotheses in data analysis is critical for advancing knowledge and making informed decisions based on evidence.

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The economist seeks to estimate the magnitude of the price elasticity of demand of alcohol, which economic theory asserts is negative, which aligns with the goal of data analysis to quantify relationships.

Quantifying relationships involves measuring the strength and direction of the relationship between variables, such as the relationship between the price of alcohol and the quantity demanded. In this case, the economist is seeking to estimate the price elasticity of demand, which measures the responsiveness of quantity demanded to changes in price. By quantifying this relationship, the economist can better understand how changes in price may affect the demand for alcohol and make informed decisions about policy or pricing strategies.

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The cost of the material X purchased in July should be $196,000.

Material required for production (25,000 units × 2 pound per unit) 50,000 pounds

Add: Desired closing inventory 1,000 pounds

Total requirement 51,000 pounds

Less: Opening inventory - 2,000 pounds

Material to be purchased 49,000 pounds

Multiply with Cost of material $4 per pound

Total cost of purchases $196,000

Therefore we can conclude that the cost of the material X purchased in July should be $196,000.

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Answer:

2. Lobbyists

Explanation:

A lobbyist is any individual or a group of individuals who communicates directly or indirectly with others to influence or attempt to influence the drafting, debate, vote, approval, or introduction of some legislation.  In this context, a lobbyist may be a legislator trying to influence fellow legislators or any person who communicates with a legislator to advocate and promote the desires of human services organizations.

Answer:

Lobbyists

Explanation:

Answer:

(1) effects of large families on child development, (2) educational problems, (3) lags in new technology, (4) increased inequities in agriculture, (5) unemployment and underemployment.

Explanation:

you can choose 3 from those.

To allow the system to automatically propose specific accounts for regularly purchased non-stock materials, you must set up account determination rules. These rules are created in the financial accounting module of the ERP system and are used to determine which general ledger accounts will be credited and debited for each transaction.

The account determination rules are based on a combination of factors such as the material type, vendor, and purchasing organization. By setting up these rules, you can ensure that the correct accounts are always proposed when non-stock materials are purchased, reducing the need for manual intervention and potential errors.

In addition to account determination rules, it's also important to ensure that the correct tax codes are assigned to non-stock material purchases. This will ensure that the appropriate taxes are calculated and reported accurately.

Overall, setting up account determination rules and tax codes for non-stock material purchases is crucial for maintaining accurate financial records and streamlining the purchasing process. By automating these tasks, you can save time and reduce the risk of errors in your accounting processes.

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Answer:

There is not options.

Explanation:

there is no choices to pick from.

Supply chains became more constrained, cleaning materials became more elusive, and people were rushing to get basic food staples and essentials as the lockdown went on.

As customers got used to standing in line, curbside pickup and internet buying also became commonplace.

The COVID-19 pandemic has changed how Americans acquire and sell goods. Online housing and car sales have considerably increased. Online spending increased as multichannel shopping, which combines in-person and online purchasing, gained popularity.

The more fearful customers are on the inside about the COVID-19 epidemic, the more likely it is that they will make hasty purchases of health products. The COVID-19 epidemic has heightened customers' perception of pressure, and certain consumers exhibit compulsive buying behavior.

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Answer: A

Explanation: not sure, but i think its correct

Answer:

1:if i have enough money for the purchase.

2:if it suits my personal attributes.

Answer:

All the answers of the asked question are discussed below in detailed explanation.

Explanation:

Wealth includes the evaluation of all the items of merit occupied by an Individual, society, corporation, or nation. ... Fundamentally, wealth is the collection of limited resources. Particular people, corporations, and countries are assumed to be wealthy when they are able to acquire many necessary resources or goods.

A budget for the overhead expenses of a production department for 19X6 has been prepared at three different activity levels of 80%, 90%, and 100%, using a direct labor hourly rate of £8.75.

To prepare the budget for the overhead expenses of a production department for 19X6, we have taken into account the direct labor hourly rate of £8.75. The budget has been prepared at three different activity levels, which are 80%, 90%, and 100%. The overhead expenses have been calculated based on the expected activity levels, and include expenses such as rent, utilities, insurance, and maintenance.

The budget at 80% activity level is lower compared to the budget at 100% activity level, while the budget at 90% activity level falls in between the two. This is because, at higher activity levels, more resources are required to meet the production demand, resulting in higher overhead expenses.

The budget for the overhead expenses at different activity levels can be used to plan and manage the production department's expenses more efficiently and ensure that the department operates within its budgeted costs.

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Answer:

$117.500

Explanation:

$40.000 cover

- $32.500 downton payment

- $7.500 - closing costs (5%*$150.000)

Closing costs is not a part of house price.

Remain costs = $150.000 - $32.500 = $117.500

Answer:

Its false

Explanation:

because when I clicked true I got it wrong.

It is not true that we may contribute as much of our earnings as we choose to our employer-sponsored retirement plan each year. The correct option is b.

An employer-sponsored plan refers to a type of benefit plan offered to employees at no or relatively low cost. These plans, such as a 401(k) or HSA, cover an array of services including retirement savings and healthcare. Employees who enrol in such programs capitalize on the benefit of receiving discounted services.

On the other hand, employers offering these plans typically benefit from tax breaks. Also, sponsoring benefits is seen as a way to recruit and retain valuable employees. Sponsorship does not mean that an employer contributes funds to the plans, though they may match certain employee contributions.

In order to attract and retain workers as well as receive tax breaks and other incentives employers install these benefit plans.

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Employers should use all of the following guidelines in developing a search policy except requiring invasive searches of employees' personal belongings without cause.

When developing a search policy, employers should consider several guidelines to ensure a fair and respectful approach. These guidelines typically include:

Clearly defining the purpose and scope of searches: Employers should establish the reasons for conducting searches and specify the areas or items subject to search.

Respecting employee privacy: Employers should strike a balance between maintaining security and respecting employees' privacy rights. Searches should be conducted in a manner that minimizes intrusion and respects personal boundaries.

Providing notice and obtaining consent: Employers should inform employees about the search policy and obtain their consent. This helps establish transparency and ensures that employees are aware of their rights and responsibilities.

Conducting searches in a non-discriminatory manner: Employers should apply search policies uniformly and avoid targeting individuals based on protected characteristics such as race, gender, or religion.

Following applicable laws and regulations: Employers should adhere to local, state, and federal laws regarding employee searches to avoid legal issues and potential liabilities.

However, requiring invasive searches of employees' personal belongings without cause goes against the principles of respecting employee privacy and may infringe upon their rights. Therefore, it is not a recommended guideline in developing a search policy.

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Answer:

$45,000

Explanation:

Given the following :

Coffee makers without timer :

Inventory COST = $20,000

Present valuation = $10,000

Coffee makers with timer:

Inventory cost = $35,000

Present valuation = $35,000

The value of daily grind's inventory will be the sum of the present valuation of both coffee makers:

(Present valuation of coffee maker without timer + present valuation of coffee maker with timer)

($10,000 + $35,000) = $45,000

Answer:

IRS

Explanation:

To calculate the variance and standard deviation of Mega Corporation's returns, we need to use the following formulas:

Variance (im) = expected value of (m-rm)2

Standard deviation of r. = square root of variance(rm)

Where:
m = the return for each year
rm = the average return for the three years

Using the given returns of 7%, 13%, and 10%, we can calculate the average return:

rm = (7% + 13% + 10%) / 3 = 10%

Now we can calculate the variance:

Variance (im) = [(7%-10%)2 + (13%-10%)2 + (10%-10%)2] / 3
Variance (im) = [9 + 9 + 0] / 3
Variance (im) = 6

Finally, we can calculate the standard deviation:

Standard deviation of r. = square root of variance(rm)
Standard deviation of r. = square root of 6
Standard deviation of r. = 2.45%

Therefore, the answer is B) 6.00 and 2.45 percent.

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The  debt - to - equity ratio of the company is 0.586

The debt - to - equity ratio is a financial ratio that is used to determine the extent to which a company can cover its debt.

The lower the  debt - to - equity ratio, the better it is for a firm. It is optimal for the The  debt - to - equity ratio to be less than one.

The  debt - to - equity ratio is determined by dividing total debt by total equity.

The  debt - to - equity ratio = debt / equity The  debt - to - equity ratio

= $340,000 / $580,000The  debt - to - equity ratio = 0.586

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A perfectly competitive firm receives $10 per unit at an equilibrium level of output of 80 units. the average total cost at 80 units of output is $8.50. the firm makes a total economic profit of $120.

The cost per unit entity is $10

For 80 units the cost is $ 80 ×10 = $800

The equilibrium cost of 80 units = $80 ×8.5 = $680

total economic profit = 800- 680 = $120

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It should be noted that ethical business practices often raise an organization's priority with suppliers and other business partners.

Business ethics  serves as the implementation of policies and procedures regarding topics such as fraud.

It is a way to check bribery, discrimination, and corporate governance in organization but it often raise an organization's priority with suppliers and other business partners.

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Answer:

In this lesson summary review and remind yourself of the key terms and graphs related to short-run aggregate supply. topics include sticky wage theory and menu cost theory, as well as the causes of short-run aggregate supply shocks.

Answer:

Diamond sales by De Beers's Central Selling Organisation (CSO) and SA Breweries' (SAB) production of beer.

Explanation:

That is one I honestly think.

:D HOPE THAT HELPS, GOODLUCK!

Answer:

3,136

Explanation:

area=3,136 hope that this helps you .I think that's the answer

One example of when consumer perception influenced demand is when the concept that Japanese made cars were more durable than Chinese cars.

This perception tended to increase the demand for not just Japanese cars but for Japanese products.

It is believed that Japanese are very strong on quality and excellent processes, hence the high quality of their products.

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If Nathan sells now, after paying a commission of $160 and margin account interest of $90, he will lose $650.

Buying on margin is a situation when an investor buys an asset by borrowing the balance from the brokerage firm.

With buying on margin, the investor pays part of the investment cost while the remaining is met by the broker.

Cost of 200 shares at $40 per share = $8,000

Investor's cash = $5,000

Margin purchase = $3,000

Interest rate = 6%

Interest amount = $90 ($3,000 x 6% x 1/2)

Commission = $160

Total amount spent = $8,250 ($8,000 + $90 + $160)

Total amount realized from sale = $7,600 ($38 x 200)

Loss from sale = $650 ($7,600 - $8,250)

Thus, if Nathan sells now, after paying a commission of $160 and margin account interest of $90, he will lose $650.

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The core competencies of a business are generated by the interaction of resources and capabilities.

The distinctive goods, services, abilities, and skills that offer a company an edge over rivals are referred to as core competencies. In other words, a company's core capabilities are advantages over rivals that they cannot realistically match or offer.

Core competencies are the assets, goods, abilities, and skills that provide a company an edge over its rivals. A core competency is usually something that is challenging to imitate, such as a distinctive product or a distinctive brand voice.

The process of determining a company's essential strengths and characteristics that set it apart from its rivals, as well as how to leverage these core competencies to create lasting competitive advantage, is known as core competency analysis.

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