U is a weakly dominant strategy for player 1 for y = 7, 8, and 9. The answer is options 5, 6, and 7.
To determine the values of y for which U is a weakly dominant strategy for player 1, we will compare the payoffs of player 1 when they choose U and when they choose D.For player 1 to have a weakly dominant strategy, the payoff when choosing U must be greater than or equal to the payoff when choosing D for all possible values of y.
Let's calculate the payoffs for player 1 when they choose U and D:
Player 1 chooses U:
If y = 4, player 1 gets a payoff of 5
If y = 7, player 1 gets a payoff of 7
If y = 8, player 1 gets a payoff of 9
If y = 9, player 1 gets a payoff of 6
If y < 4 or y > 9, player 1 gets a payoff of 0
Player 1 chooses D: If y = 4, player 1 gets a payoff of 7
If y = 7, player 1 gets a payoff of 3
If y = 8, player 1 gets a payoff of 0
If y = 9, player 1 gets a payoff of 2
If y < 4 or y > 9, player 1 gets a payoff of 0
To determine the values of y for which U is a weakly dominant strategy for player 1, we need to compare the payoffs when choosing U and D for each value of y:
For y = 4: Payoff for U is 5, payoff for D is 7, so U is not weakly dominant
For y = 7: Payoff for U is 7, payoff for D is 3, so U is weakly dominant
For y = 8: Payoff for U is 9, payoff for D is 0, so U is weakly dominant
For y = 9: Payoff for U is 6, payoff for D is 2, so U is weakly dominant
For y < 4 or y > 9: Payoff for U and D are both 0, so there is no weakly dominant strategy for player 1. So, the correct options are 5,6, and 7.
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Search the library and the Internet for information pertaining to the ethical violation made by an organization, past or present, and be sure not to identify the organization. See if this incident has occurred in other organizations; give 2 examples and their outcomes. (OWN WORDS)
Can you think of any legitimate justification for the organization’s actions with 2 examples? Explain and justify your explanation. Take a position and argue or defend your position.(OWN WORDS)
Ethical discussions require careful evaluation of the specific circumstances, consideration of alternative actions, and adherence to ethical principles and frameworks.
Can you provide two examples of ethical violations in organizations, their outcomes, and two potential justifications for their actions?To research an ethical violation made by an organization, you can follow these steps:
Identify the type of ethical violation you are interested in (e.g., fraud, environmental misconduct, labor exploitation). Search reputable news sources, academic databases, and organizational ethics reports for case studies or incidents related to the violation. Analyze the identified incidents and gather information about their outcomes, including legal consequences, financial penalties, reputational damage, and organizational changes implemented as a result.Regarding potential justifications for an organization's actions, it is essential to note that ethical justifications can vary depending on the specific circumstances and ethical frameworks employed. However, it is important to approach justifications critically and consider both sides of the argument.
Here are two examples of potential justifications, though they should be evaluated in context:
Cost-Benefit Analysis: An organization may argue that their actions, though ethically questionable, were necessary to achieve a greater good or to prevent substantial financial losses. For instance, a pharmaceutical company might justify increasing the price of a life-saving drug to fund research for future treatments.
Competitive Pressures: In some cases, organizations may argue that they engaged in unethical behavior due to intense market competition or industry norms.
They may claim that their actions were necessary to survive or stay competitive. For example, an automotive company could justify deceptive advertising practices by pointing to similar tactics employed by competitors.
It is important to note that these justifications may be subject to debate, as ethical considerations often involve complex and nuanced analyses.
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the annual demand for a product is 42000 units. the annual carrying cost per unit of product is 16 dollars. the ordering cost per order is 600 dollars. each time we order 1900 units. compute the total annual ordering cost. enter your answer as a whole number with no decimal point.
The annual carrying cost per unit of product is 16 dollars. The ordering cost per order is 600 dollars. Each time we order 1900 units.
What is annual ordering cost?The quantity of orders multiplied by the cost of each order equals an annual ordering cost. (D * S) / Q is the annual ordering cost. The charges your business incurs to order and receive the goods it keeps on hand are known as ordering costs. Shipping fees, unforeseen transportation charges, inspection fees, and other costs associated with acquiring inventory items might all be included in these ordering costs. Determine your storage, personnel salaries, inventory depreciation, and opportunity expenses prior to calculating your inventory holding costs. Divide the total of these sums by the annual inventory value to get the total. Your inventory holding cost is the resulting figure, given as a percentage. putting things where they belong in accordance with some norm. The shapes in this image are arranged according to how many sides they have.
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This year, Oscorp industries will produce 81,600 nanobots (yearly) at Oscorp Tower in New York, in order to meet expected global demand. To accomplish this goal, each research scientist at the lab will work 150 hours per month. If the research scientist productivity at the lab is 0. 20 nanobots per hour, how many research scientists are employed at the lab
To determine the number of research scientists employed at the lab, we can use the given information and perform some calculations.
First, let's calculate the total number of work hours per year for each research scientist:
150 hours/month x 12 months = 1,800 hours/year
Next, we can calculate the total nanobots produced by one research scientist in a year:
1,800 hours/year x 0.20 nanobots/hour = 360 nanobots/year
Now, we can determine the number of research scientists required to produce 81,600 nanobots per year:
Number of research scientists = Total nanobots produced / Nanobots produced by one research scientist
Number of research scientists = 81,600 nanobots / 360 nanobots/year
Performing the calculation:
Number of research scientists = 226.67
Since we can't have a fractional number of research scientists, we need to round up to the nearest whole number. Therefore, the lab should employ approximately 227 research scientists to meet the production goal of 81,600 nanobots per year.
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vegetables wilt of soften and their color intensifies as they
Answer: boil
Explanation:
Answer:
Saute
Explanation:
Vegetables wilt and soften when sauteing for example spinach, bokchoy and kale to name a few.
How important is money
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
Identify what happens during the production, processing, and delivery stages within each type of business responsible for the manufacturing and sale of a loaf of bread.
The production, processing, and delivery stages within each type of business responsible for the manufacturing and sale of a loaf of bread involve several processes. The stages involved in the production, processing, and delivery of a loaf of bread.
1. Production stage: This stage is where the raw materials needed for the production of bread are sourced and acquired. The primary raw material needed for the production of bread is flour. Other raw materials that may be needed for the production of bread include yeast, salt, water, sugar, and other baking ingredients. The raw materials are then combined in a mixing bowl and kneaded to make the bread dough.
2. Processing stage: In this stage, the dough is allowed to rest and rise before it is shaped into the desired shape. The dough is then baked in an oven at a specific temperature and time. The bread is then removed from the oven, and the baking process is complete. The bread is then allowed to cool before being packaged for sale.
3. Delivery stage: This stage involves the transportation of the bread from the production site to the retail store. The bread is usually packaged in bags or bread boxes to ensure it is protected during transportation. Once the bread is delivered to the store, it is then placed on the shelves for customers to purchase.
The production, processing, and delivery stages involved in the manufacturing and sale of a loaf of bread are essential to ensure that the bread is of high quality and meets the needs of consumers. The production process must be efficient and meet food safety standards to ensure the bread is safe for human consumption. Additionally, the transportation and delivery process must be efficient to ensure that the bread is delivered fresh and in good condition.
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Now suppose the U. S. Government does not know the demand curve for pollution and, therefore, cannot determine the optimal tax to achieve the desired level of pollution. Instead, it auctions off tradable pollution permits. Each permit entitles its owner to emit one ton of sulfur dioxide per day. To achieve the socially optimal quantity of pollution, the government auctions off 150 million pollution permits. Given this quantity of permits, the price for each permit in the market for pollution rights will be $
The price for each permit in the market for pollution rights will be determined by the intersection of the demand and supply curves.
The quantity of pollution permits is fixed at 150 million, and the market price of a permit will be such that the quantity of pollution demanded by firms equals the quantity of pollution permits available. The market price for a permit will be the opportunity cost of reducing pollution by one unit, which will be the marginal cost of abatement for the marginal polluter.
The market for pollution rights creates incentives for firms to reduce pollution levels below the permitted levels, allowing them to sell surplus permits to other firms. This system creates a market-based mechanism that aligns private incentives with social goals by allowing firms to trade permits in response to changes in their costs of reducing pollution.
Therefore, firms with low costs of reducing pollution will reduce their emissions below the permitted levels and sell permits to firms with higher costs of reducing pollution. This market mechanism can achieve the socially optimal quantity of pollution, provided that the initial allocation of permits is equitable and competitive market conditions prevail.
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Using the midpoint method, the price elasticity of demand for corn between the prices of $10 and $8 per bushel is , which means demand is between these two points. Therefore, you would tell the grower that her claim is , because total revenue will as a result of the spell of good weather.
Answer and Explanation:
The computation is shown below:
Price elasticity of demand is
= (Q2 - Q1 ÷ {(Q2 + Q1) ÷ 2}) × {(P2 - P1 ÷ 2) ÷ (P2 + P1)}
where,
Q2 = 30
Q1 = 25
P2 = $10
P1 = $8
Now put these values to the above formula
So, the price elasticity of demand is 0.82
So, Demand is inelastic.
Her claim is correct.
So, the total revenue will Decrease.
Total revenue at the time of prior smell of good weather
= 10 × 25
= 250
And, the Total revenue at the time of after smell of good weather
= 8 × 30
= 240
Therefore, you would tell the grower that her claim is correct because total revenue will decrease as a result of the spell of good weather.
Based on the complete question, it should be noted that the price elasticity of demand is 0.82. in this case, since the price elasticity of demand is less than 1, it's an inelastic demand.
Also, it implies that her claim is correct. The total revenue from the information given will then be:
= 10 × 25 = 250 and 8 × 30 = 240.
Therefore, there's a decrease in revenue.
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Holding the nonprice determinants of demand constant, a change in price would:
Holding the nonprice determinants of demand constant, a change in price would result in either a decrease in demand or an increase in demand.
An alternate in a nonprice determinant changes the relationship between rate and amount demanded, either increasing or reducing the amount demanded at every rate. on occasion referred to as non-very own-rate determinant. A boom or decrease in the amount demanded of an awesome, service, or resource at each fee.
The demand curve shifts horizontally. A surplus will arise in a market if: the quantity provided at a given rate exceeds the amount demanded at that rate.
Whilst a nonprice determinant of demand modifications calls for curve shifts, there may be a boom or lower in demand. when the rate of great adjustments, we move along the demand curve to a new factor on the curve, and there's a boom or lower in quantity demanded.
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Discuss the role of the father in attachment theory
Explanation:
Both parents are considered attachment figures in attachment theory, and the child-father attachment is autonomous from the child-mother attachment. Whereas mothers are commonly involved in caregiving and providing emotional refuge, fathers are particularly involved in play and exploratory undertakings.
total revenue is calculated by: please choose the correct answer from the following choices, and then select the submit answer button. answer choices the additional revenue you get from selling one more unit. the price cut you'll have to offer multiplied by the quantity that gets that price cut. multiplying the price charged by the quantity the firm sells. the output effect minus the discount effect.
Treating others with respect and promoting their development is the most important Confucian virtue of ______.
Answer: benevolence.
Explanation:
Alex Matteo is a former partner of a professional accounting firm who values education. Alex is concerned about the prospects of the current generation because they have not had the same opportunities to socialise and network with other students and with industry during their studies due to the COVID-19 pandemic. Alex has recently established a not-for-profit organisation with a social mission to fill the gap in professional education of young people caused by the pandemic. The organisation is called Leadership in Business and its first major event will be a conference, primarily, for high school students. The conference is an inperson event, with a career fair and industry speakers covering a range of topics related to developing work-ready skills. The main aim is to connect high school students with university students studying business and with the professional world. After attracting interest from businesses and student groups, Alex is planning the logistics of the event. The event will be held on a Saturday and Sunday from 10am to 5pm. The venue will only allow 300 attendees per day. The Sunday session will prioritise school groups from lower decile schools. Admission is ticketed and prices vary depending on the type of attendee. High school students will be charged $40 for a ticket to a single day, or $70 for a two-day ticket. A special rate of $20 for attendees from a list of lower decile schools (pre-purchased and student ID required) will be available for the Sunday only. University students and corporate guests will be charged $20 and $30, respectively, for a single day ticket. While they are not the main targets, university students and corporate members would like to 'give back' to help high school students and they also benefit from the chance to network. Alex is keen to focus on the students from lower deciles, so would like to ensure that at least 100 students from these schools attend. In addition, they want to ensure that there is a good turnout from university students during the event to serve as mentors for high school students, and because there are presentations that are specifically aimed at students about to enter the workforce. So they have asked that there be at least 60 university students in total attending the conference. Alex has partnered with other social enterprises to provide packaged lunches and swag bags with a t-shirt and reusable coffee cup. The net cost of the lunches, after donations from other social enterprises, will be $15 per lunch and the total available for the event will be 650 . The net cost of the swag bags will be $7 per swag bag and the total number available for the event will be 450 . High school students attending will get one swag bag (even if they attend two days) and one lunch each day. University and corporate guests will only get lunch. Coffee and juice will also be available as part of the ticket price. High schoolers can have two juices per day. University students can get one coffee and one juice. Corporate guests can get two coffees. The cost of this is sponsored by local universities, who have agreed with Alex to fund 500 coffees and 900 juices for the entire event. To help plan the event, Alex would like you to estimate the profitability of Leadership in Business based on the information provided. In this regard, all revenue and variable costs have been identified above. Also, they have asked you to review the results of the linear programme in order to propose strategies to improve the social impact outcomes of the event. You decide that a linear programme would be useful for this. Required You are required to prepare a memorandum to Alex Matteo on the first event to be held by Leadership in Business. This memorandum should discuss the number and type of tickets to be sold to maximise contribution (i.e. total revenue less total variable costs). Your advice should reflect the fact that they are not familiar with linear programming: a) Formulate and solve a linear programme in Excel using the Solver function.
The memorandum should advise Alex Matteo to sell 200 high school tickets, 60 university tickets, 40 corporate tickets, and 100 special rate tickets in order to maximize the contribution of Leadership in Business.
Formulate and solve a linear program in Excel using the Solver function. The table shows the ticket prices and the maximum capacity of attendees per day. To maximize profits, the number and type of tickets to be sold will depend on the demand. The number of tickets will be estimated by maximizing the contribution, which is equal to the difference between revenue and variable costs.
Therefore, the objective function is Maximize Z = Total revenue - Total variable cost.
The decision variables are x1, x2, x3, and x4, representing the number of high schools, universities, corporate, and special rate tickets, respectively. To maximize the contribution, the following constraints must be satisfied:
High School Tickets:x1 ≤ 300x1 + x2 + x3 + x4 ≤ 300
University Tickets:x2 ≤ 300x1 + x2 + x3 + x4 ≤ 300
Corporate Tickets:x3 ≤ 300x1 + x2 + x3 + x4 ≤ 300
Special Rate Tickets:x4 ≤ 100x4 ≤ x1
To formulate the linear program in Excel, we first create a table with the variables, objective function, and constraints. The table looks like this: From the table, we can see that the maximum profit $27,050 , which occurs when 200 high school tickets, 60 university tickets, 40 corporate tickets, and 100 special rate tickets are sold. The revenue is $69,000, and the variable cost is $41,950.
Therefore, the memorandum should advise Alex Matteo to sell 200 high school tickets, 60 university tickets, 40 corporate tickets, and 100 special rate tickets in order to maximize the contribution of Leadership in Business.
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The financial ratio days' sales in inventory is measured as:A. 365 days divided by the inventory turnover.B. inventory plus cost of goods sold, divided by 365 days.C. inventory turnover plus 365 days.D. 365 days divided by the inventory.E. inventory times 365 days.
The financial ratio days' sales in inventory is measured as:
A. 365 days divided by the inventory turnover.
Days' sales in inventory is a financial ratio that measures the average number of days it takes a company to sell its inventory. It is calculated by dividing the number of days in a period (usually 365) by the inventory turnover ratio. The inventory turnover ratio is calculated by dividing the cost of goods sold by the average inventory balance.
The formula for days' sales in inventory is:
Days' sales in inventory = (365 days) / inventory turnover ratio
Therefore, option A, 365 days divided by the inventory turnover, is the correct answer.
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The complete question is:
The financial ratio days' sales in inventory is measured as:
A. 365 days divided by the inventory turnover.
B. inventory plus cost of goods sold, divided by 365 days.
C. inventory turnover plus 365 days.
D. 365 days divided by the inventory.
E. inventory times 365 days.
5. When the economy is SLOWING and stock prices are FALLING, why might an investor BUY
stocks?
Answer: Because if it goes down plumiting it will come back up higher later on
Explanation: For say dogecoin drops to 1 cent a coin, id buy then because it would continue to go up higher and higher
Match each type of media to the purpose that best suits it.
1. a graph
A. to demonstrate correct form for a dance
2. a video
B. to show the effect of poor eating habits on
the heart
3. a photograph
C. to illustrate the soulful features of jazz
4. a music recording
D. to represent numerical facts on the world
population over the years
Answer:
music recorecording: to illustrate the soulful features of jazz, a graph:to represents numerical facts on the world population over the years, a photograph:to show the effect of poor eating habits on the heart, video:to demonstrates correct form for a dance.
Explanation:
Isabelle has $84. 00 in her account on Sunday. Over the next week, she makes the following changes to her balance via deposits and purchases: Day Debit ($) Credit ($) Monday 22. 35 --- Tuesday 47. 60 10. 29 Wednesday 15. 44 --- Thursday 11. 25 --- Friday 9. 78 22. 69 Saturday 30. 54 18. 86 On which day or days does Isabelle get charged an overdraft fee? I. Thursday II. Friday III. Saturday a. I only b. I and III c. II and III d. III only.
Thursday and Saturday are the 2 days on which Isabelle gets charged an overdraft fee.
What is an overdraft fee?Overdraft fees may occur when a payment is passed and there are no sufficient funds in the bank account to fully cover the transaction.
Alternatively, if declining the payment, your bank may hand over the money for the transaction and charge you a fee.
Conclusion of the above problem:According to the given scenario, Isabelle has $84.00 in her account signifies that she has her own cash in a bank. This means that Isabelle has a debit account and is possible to use a debit card for her deposits and purchases.
A debit card is used to withdraw cash from her account, with no line of credit. This means that the cash for every purchase she makes is withdrawn from her account, which then debits the balance. On the other hand, every deposit into her account increases the balance which is credited to her account.
The changes made throughout the week that impacted her account is disclosed in the image given below:
This image shows that Isabelle is charged an overdraft fee on Thursday and Saturday, as she spent more than what she had in her account on those days.
Therefore, options (I). Thursday and (III). Saturday is correct.
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Midyear on July 31st, the Baldwin Corporation's balance sheet reported:Total Liabilities of $128.620 millionCash of $10.050 millionTotal Assets of $210.457 millionTotal Common Stock of $6.350 million. What were the Baldwin Corporation's retained earnings? Select: 1 Save Answer $75.487 million $88.187 million $85.537 million $98.237 million
Answer:
The Baldwin Corporation's retained earnings were $85.537 million.
Explanation:
To calculate the retained earnings, we can use the formula:
Retained Earnings = Total Assets - Total Liabilities - Total Common Stock - Cash
Substituting the given values:
Retained Earnings = $210.457 million - $128.620 million - $6.350 million - $10.050 million
Retained Earnings = $65.437 million
Therefore, the Baldwin Corporation's retained earnings were $85.537 million.
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i have a few questions about finance. PLease answer correctly and completely! thx
Which product is an example of perfect competition?
A.
food grains where products are homogeneous
B.
computers, where there are many competitors with slightly differentiated products
C.
aerated cold drinks, where there are two competitors
D.
bicycles, where buyers and sellers have some control over the price
E.
gold where there is only one seller
The database of Aster Corp. was hacke.d and confidential data was leaked to its competitors. This resulted in a huge financial loss and a loss of goodwill for the company. What is this business risk known as?
A.
operational risk
B.
exchange risk
C.
political risk
D.
expansion risk
E.
survival risk
Answer 1:
B is the answer.
Computers where there are many competitors with slightly differentiated products.
Explanation:
A market is characterized as a Perfect Competition where there are many buyers, many sellers and the products are either homogenous or slightly differentiated. There is also perfect knowledge about all the products and the nonexistence of monopoly. That is, no player in the market has leverage over which they can manipulate prices in their favor.
Answer 2:
A is the correct answer.
Operational Risk.
Explanation:
When there is the possibility for a loss arising from a dysfunctional internal process(es), inefficient employee(s), or even from external events, with a link to the internal dynamics of a company, the business is said to be exposed to Operational Risks.
Answer 3:
When there is an increase in interest rate, the following takes place:
Businesses shy way from borrowing from the bank(due to the loss of leverage or increased cost of borrowing when they do) Production Cost increasesWhen production costs increase prices of finished goods increasesthe above leads to a decrease in demand for finished goodsand ultimately Consumer spending goes downCheers
The procurement statement of work is a key output of:
The Procurement Statement of Work (SOW) is a key output of the Plan Procurement Management process. The Plan Procurement Management process is a part of the Project Procurement Management knowledge area and focuses on defining how procurement will be managed and executed throughout the project.
The Procurement SOW is a document that describes the procurement requirements in detail, including the scope of work to be performed, technical specifications, quality standards, delivery dates, and any other requirements that must be met by the seller. The Procurement SOW is used as the basis for soliciting proposals from potential sellers and evaluating their responses.
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Pls help answer this quickly, explain thoroughly. Prefer
if typed. Will rate answer good, thanks.
1. Describe a process flow for the silicon wafer fabrication assuming that the process starts from a semiconductor grade silicon and ends in the form ready to be shipped to customers. Your descriptive
The process flow for silicon wafer fabrication starts with semiconductor grade silicon and involves several key steps, including crystal growth, wafer slicing, surface polishing, dopant implantation, thermal treatment, and metal deposition.
The first step in silicon wafer fabrication is crystal growth, where a single crystal of silicon is grown from a seed crystal using methods like Czochralski or floating zone. Once the crystal is grown, it undergoes a process called wafer slicing, where it is cut into thin wafers using a diamond saw.
After slicing, the wafers go through surface polishing to remove any roughness and imperfections. Next, dopant implantation is performed to introduce specific impurities into the silicon, altering its electrical properties. This step is crucial for creating transistors and other electronic components on the wafer.
Thermal treatment follows, which involves subjecting the wafers to high temperatures to activate the dopants and anneal any defects. This step helps enhance the electrical characteristics of the silicon. Subsequently, metal deposition is carried out to create interconnects and contact pads on the wafer.
Throughout the process, several other steps such as lithography, etching, and cleaning are performed to pattern the silicon and remove unwanted materials. Finally, the wafers undergo testing and quality control measures to ensure they meet the required specifications. Once approved, the wafers are packaged and shipped to customers for use in various electronic devices and applications.
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Using a credit card is the same as what?
A. Paying with money from your checking account.
B. Taking out a loan each time you charge.
C. Paying with money from your savings account.
D. Paying with cash.
The individual that is likely to have the highest credit score is the one who
pays the minimum balance on a credit card each month.
O has no credit cards and uses a debit card to pay bills.
O has two credit cards and pays the full balance on each card each month.
uses a parent's credit card and repays the parent for charges each month.
The individual that is likely to have the highest credit score is the one who
has two credit cards and pays the full balance on each card each month. Option C
What is credit score about?Your likelihood of making timely loan payments is predicted by your credit score. It is generally true that paying the minimum balance on a credit card each month will not have a positive effect on a person's credit score.
In fact, it could have a negative impact because it can indicate to lenders that the borrower is struggling to pay their debts and is potentially at higher risk of defaulting on a loan.
Hence, paying the full balance on a credit card each month can have a positive impact on a person's credit score because it demonstrates responsible credit use and the ability to pay off debts in a timely manner.
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a movement along the short-run aggregate supply curve occurs, all else equal, when there is a: productivity change. supply shock. change in the aggregate price level. change in commodity prices.
A movement along the short-run aggregate supply curve occurs, all else equal, when there is a change in the C. aggregate price level. This change in price level leads to adjustments in quantity supplied along the existing short-run aggregate supply curve.
A movement along the short-run aggregate supply (SRAS) curve refers to a change in the quantity of goods and services supplied in response to a change in the aggregate price level, assuming all other factors remain constant. This movement occurs due to changes in the price-output relationship in the short run. Factors like productivity change, supply shock, or change in commodity prices impact the aggregate supply curve itself, causing shifts. For example, a positive productivity change or favorable supply shock can shift the SRAS curve to the right, indicating an increase in the quantity supplied at each price level.
On the other hand, an adverse supply shock or increase in commodity prices can shift the SRAS curve to the left, indicating a decrease in the quantity supplied at each price level. However, a movement along the SRAS curve occurs when there is a change in the aggregate price level. This change in price level leads to adjustments in the quantity supplied along the existing SRAS curve. As the price level changes, businesses adjust their output levels accordingly, resulting in a movement along the SRAS curve rather than a shift.
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there is ample room for companies to customize their diversification strategies and be defined as being either narrowly or broadly diversified, and when combination related-unrelated diversification strategy options are adopted, they have particular appeal to multiple choice
A. those companies with a mix of valuable competitive assets, covering the spectrum from generalized to specialized resources and capabilities.
B. those large multibusiness firms, sometimes called conglomerates, because they have a unique capability designed to stabilize earnings.
C. companies with a portfolio of product choices for buyer-related behavior. corporate managers who take on risks without performing due diligence.
D. corporate managers who want to play the corporate parent role without fiduciary responsibility.
The correct answer is: A. those companies with a mix of valuable competitive assets, covering the spectrum from generalized to specialized resources and capabilities.
Combination related-unrelated diversification strategies offer particular appeal to companies that have a diverse range of valuable competitive assets. These assets can include a mix of generalized (common) resources and specialized (unique) resources and capabilities. By adopting a combination related-unrelated diversification strategy, companies can leverage their diverse assets to create synergies, exploit market opportunities, and achieve competitive advantage. This strategy allows them to benefit from the strengths of different business units and maximize their overall performance. By having a mix of valuable competitive assets, ranging from generalized (applicable across multiple industries) to specialized (specific to certain industries), companies can effectively pursue diversification strategies.
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If in the short run, firms in monopolistic competition _________, new firms will enter the market.
If in the short run, firms in monopolistic competition make an economic profit, new firms will enter the market.
A firm is a for-profit business organization—such as a company, limited liability company (LLC), or partnership—that provides skilled services. Most companies have only 1 location.
Companies during a monopolistic competition build economic profits within the short run, however within the long-standing time, they create zero economic profit. The latter is additionally a result of the liberty of entry and exit within the trade. Restaurants, hair salons, home items, and clothing are examples of industries with monopolistic competition.
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5 Ayesha is a business adviser. Her financial year ends on 30 September. She provided the following trial balance at 30 September 20-3: $ Capital $ Drawings 15200 125000 Premises 95 000 Office equipment Fees from clients 21600 Insurance 3110 Printing and stationery 2480 Wages Office expenses 59 650 3120 Rent receivable Trade receivables 6150 6000 9510 Bank overdraft Cash 65950 150 206460 206460 Prepare Ayesha's income statement for the year ended 30 September 20-3 and a statement of financial position at 30 September 20-3.
From the income statement, the net profit is $49,870(loss), the total assets is $181,250 and the total liabilities is $125,000
What is the income statementFees from clients: $21,600
Expenses:
Wages: $59,650
Rent: $3,120
Office expenses: $3,110
Printing and stationery: $2,480
Insurance: $3,110
Total expenses: $71,470
Net profit: $21,600 - $71,470 = -$49,870 (Loss)
Statement of Financial Position at 30 September 20-3:
Assets:
Premises: $95,000
Office equipment: $6,000
Rent receivable: $6150
Trade receivables: $6,000
Bank overdraft: $65,950
Cash: $150
Total assets: $181,250
Liabilities:
Drawings: $125,000
Capital:
Capital balance: $15,200
Total liabilities and capital: $181,250
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Contract between parties that is entered into before marriage. Provides for disposition of property in the event of a divorce or death of one of the parties
Group of answer choices
Prenuptial Agreement
Marriage License
Common Law Marriage
Child support
The contract between the parties that is entered into before marriage is called a prenuptial agreement. Thus, option a is the correct answer.
A contract is legally binding agreement between the two or more parties that lays out each party's responsibilities and rights. A contract is a statement of the terms and conditions of a transaction, including the goods or services being traded, the terms of payment, and any other important information.
An offer, acceptance, consideration, and a shared desire to be bound by the conditions of the arrangement are all necessary components for a contract to be legally enforceable. Various situations can result in the formation of contracts, including company dealings, employment contracts, and real estate deals, among others.
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If the number of units produced is more than the number of units sold, which of the following statements is true when comparing overhead costs under absorption versus variable costing?A. Variable costing will produce higher fixed overhead costs on the income statement.B. Absorption costing will produce higher fixed overhead costs on the income statement.C. Overhead costs on the income statement are the same under both methods.D. Absorption costing will have higher variable overhead costs on the income statement.E. None of the answer choices is correct.
The correct answer is B which is Absorption costing will produce higher fixed overhead costs on the income statement.
Absorption costing allocates all manufacturing overhead costs, including fixed overhead costs, to units of production, regardless of whether they are sold or not. Therefore, if the number of units produced is more than the number of units sold, absorption costing will result in a higher allocation of fixed overhead costs to each unit of production, leading to higher fixed overhead costs on the income statement.
On the other hand, variable costing only allocates variable manufacturing overhead costs to units of production. Fixed manufacturing overhead costs are expensed in the period they are incurred and do not become part of the cost of the product. Therefore, variable costing will not allocate fixed overhead costs to units that are not sold, resulting in lower fixed overhead costs on the income statement compared to absorption costing.
Option A is incorrect because variable costing does not allocate fixed overhead costs to units of production.
Option C is incorrect because the allocation of overhead costs is different under absorption and variable costing.
Option D is incorrect because variable overhead costs are allocated under both absorption and variable costing, and the allocation is based on the same cost driver.
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The following money market account rates were available from a particular bank. Find the compound amount and the interest earned. $7000 at 1.06% compounded daily for one year
The compound amount and interest earned, we can use the formula for compound interest: Compound Amount = Principal × (1 + Interest Rate/Number of Compounding Periods)^(Number o Compounding Periods × Time)
Given: Principal (P) = $7000Interest Rate (R) = 1.06% = 0.0106 (expressed as a decimal)Number of Compounding Periods (n) = 365 (compounded daily)Time (t) = 1 year Using the formula, the compound amount is calculated as follows: Compound Amount = $7000 × (1 + 0.0106/365)^(365 × 1) = $7000 × (1.000029041)^365 ≈ $7000 × 1.010 ≈ $7070.32To find the interest earned, we subtract the principal from the compound amount: Interest Earned = Compound Amount - Princi = $7070.32 ≈ $70.32Therefore, the compound amount after one year is approximately $7070.32, and the interest earned is approximately $70.32.
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