If the government takes this approach, consumer surplus would increase.
A monopoly is when there is only one firm operating in an industry. A natural monopoly occurs when there is a high start-up cost associated with opening a business or a firm enjoys economies of scale.
Consumer surplus is the difference between the willingness to pay of a consumer and the price of the good. As the price of a good declines, consumer surplus increases. P2 is lower than P1, this means that if price is regulated to P2, consumer surplus would increase.
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10. Which of the following statement is/are true? A. Under basic marketing the sales person simply sells the product B. Under reactive marketing the sales person in addition encourage the buyer to call C. Under partnership marketing the company continuously works with customers to perform better D. All except C E. All of the above
Answer:
D. All except C
Explanation:
What will be the end result for the taxpayer who filed his federal income tax return.
If your federal gross income was $12,950 or more and you're under 65, you must submit a single status tax return. If your federal gross income was $14,700 or more and you are 65 years of age or older, you must file.
What is the status of federal filing?
Determines the tax rate applied to income. Head of household, married filing jointly, married filing separately, single, and qualified widow(er) with dependent child are the five filing statuses. A tax year is the 12-month period of time that a tax return covers. The tax year for people in the US is from January 1 to December 31 and includes taxes due on income earned during that time. The Where's My Return? feature is the easiest method to find out if you've received a tax refund. After receiving an e-filed return, taxpayers have 24 hours to start monitoring the status of their refund. After the return is processed and a refund is approved, the program also offers a customized refund date.
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On March 1, 2017, Carla Vista Co. Acquired real estate, on which it planned to construct a small office building, by paying $79,000 in cash. An old warehouse on the property was demolished at a cost of $8,000; the salvaged materials were sold for $1,660. Additional expenditures before construction began included $1,160 attorney's fee for work concerning the land purchase, $4,400 real estate broker's fee, $8,660 architect's fee, and $13,800 to put in driveways and a parking lot. (a) Determine the amount to be reported as the cost of the land.
Answer:
The reported cost of the land = $99,560
Explanation:
In order to calculate the cost of the land, it is important to note that the amount recorded as cost of the land, includes the actual amount paid as the market price of the land, including all the necessary costs incurred to make the land ready for use. These include: attorney's fees, cost of demolition of old properties, broker's fees etc.
To calculate the net cost of the land, let us identify all the transactions done in the purchase of the land. This is done as follows:
market value of land = $ 79,000
cost of demolition = $ 8,000
additional expenses = $ 1,160
attorney's fee = $ 4,400
broker's fee = $ 8,660
salvaged materials = $ 1,660 (minus)
Total = $ 99,560
Note that the amount gotten from sale of salvaged materials is subtracted from the cost of land, because it is an income, not expenditure, while the architect's fee is not used in the calculation because, it doesn't meet the criteria for cost of land, instead it is part of the cost of building after the acquisition of the land.
state governments use to compete with other states and countries to locate businesses in their areas.
Answer:marketing
Explanation:
The state governments used to compete with other states and countries to locate businesses in their areas, of marketing.
What is businesses?
The term “businesses” refers to earning a profit. The business is taking the risk and earning the profit. The business is mainly focused on the activities of the creation, distribution, and selling of concepts. The businesses are interested in the investment as a future perspective.
According to state governments, are the utilized to the states and nations are the based on the situated are the state and the businesses in the is area are the based on the marketing. Marketing is the practice of a business of promoting the acquisition and selling of goods and services. Marketing consists of promotion, publicity, and advertising.
As a result, the state governments used to compete with other states and countries to locate businesses in their areas, of marketing.
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Who is mr. wolfshiem? question 4 options: he is the owner of gatsby's favorite restaurant in new york. he secretly arranged to have a member of the mob murdered outside the restaurant. he is jordan baker's coach and manager. he thinks jordan is spending too much time with nick and not enough on her golf. he is a racketeer and a business associate of gatsby's. he fixed the 1919 world series. he is the president of the company where nick is working. he wants to bring gatsby in on a new real estate deal.
Mr. Wolfshiem is secretly arranged to have a member of the mob murdered outside the restaurant. Therefore, option B is correct.
Who is Mr. Wolfshiem ?Wolfsheim is a dubious individual, having connections to the underworld of commerce. He gives Nick the sense that Gatsby's money may have an unsavory origin, and that Gatsby may even be connected to the same type of organized crime that Wolfsheim is.
Wolfsheim informs Nick that Gatsby is a "Oggsford" man and a "Oggsford gentleman" who is "extremely careful with women" while Gatsby is absent from the table. Gatsby is the "sort of man you'd like to take home and introduce to your mother and sister," according to Wolfsheim.
Thus, option B is correct.
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3. Division of labour can be defined as:
A. workers specialise on just one task and become more efficient at it
B. workers become specialist in all jobs
C. all firms only have one worker so jobs are divided between the firms
D. no workers are employed as machines always do all the work
Explanation:
d. no workers are employed as machine always do all the work
You are evaluating a project that will require an initial investment of $600. Over the next four years, the profect is expected to gecierate atter-tax cash tlows of 32,46 . 52. 67. If 5% is youe appropriate discount rate, what is the NPV of this project to the nearest hundredth (.01)?
The project has a positive Net Present Value (NPV) of $166.35, indicating that it is profitable and should be considered for investment.
Net Present Value (NPV) is the sum of the Present Value (PV) of each expected cash flow minus the initial investment. NPV is used to determine if a project or investment is profitable. When evaluating projects using NPV, any project with an NPV greater than 0 is considered profitable and should be considered, while any project with an NPV less than 0 should not be considered.
Let's evaluate the project as per the provided data:
Initial Investment, I0 = $600
After-tax cash flow for year 1, CF1 = $32
After-tax cash flow for year 2, CF2 = $46
After-tax cash flow for year 3, CF3 = $52
After-tax cash flow for year 4, CF4 = $67
Discount rate, r = 5%
NPV = CF1 / (1 + r)^1 + CF2 / (1 + r)^2 + CF3 / (1 + r)^3 + CF4 / (1 + r)^4 - I0
NPV = $32 / (1 + 0.05)^1 + $46 / (1 + 0.05)^2 + $52 / (1 + 0.05)^3 + $67 / (1 + 0.05)^4 - $600
NPV = $32 / 1.05 + $46 / 1.1025 + $52 / 1.1576 + $67 / 1.2166 - $600
NPV = $30.48 + $39.48 + $44.89 + $51.50 - $600
NPV = $166.35
Therefore, the NPV of this project is $166.35.
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i. Areogram is used to send written message to
Spending money on marketing reduces the company's profit in the long run
True or False
The statement is false. Spending money on marketing does not necessarily reduce a company's profit in the long run. In fact, strategic and effective marketing efforts are often crucial for business growth and profitability.
While it is true that spending money on marketing incurs costs for a company, it does not necessarily lead to a reduction in profit in the long run.
Marketing activities, such as advertising, branding, and promotional campaigns, aim to increase a company's visibility, attract customers, and drive sales. By investing in marketing, businesses can create awareness about their products or services, differentiate themselves from competitors, and build a strong customer base.
When executed properly, marketing efforts can result in increased brand recognition, customer loyalty, and market share. These outcomes can lead to higher sales volumes and revenue generation, which ultimately contribute to the company's profitability. Additionally, effective marketing strategies help businesses stay relevant in a competitive marketplace and adapt to changing consumer preferences.
However, it is important for companies to carefully plan and allocate their marketing budgets to ensure optimal returns on investment. By tracking and analyzing the impact of marketing activities, companies can make informed decisions and adjust their strategies to maximize profitability in the long run.
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Which of the following statements about the basic EOQ model is true?
If the ordering cost were to increase, the EOQ would decrease.
If annual demand were to double, the EOQ would be half.
If the holding cost were to decrease, the EOQ would decrease.
If ordering cost were to decrease, the EOQ would decrease.
All of the above statements are true.
What activities are FBLA-PBL members most likely to participate in?
Answer:
FBLA-PBL members most likely to participate in business competitions and leadership conferences.
Answer:
leadership conferences
business competitions
Explanation:
Creating an anonymous complaint or grievance process is something
employers can implement to prevent which of the following?
O A. Layoffs
B. Harassment
C. Taxed income
D. Arguments
Leroy's personal information is shown below:
13 years
3 years
Age
61
Tune at address
Age of auto
Car payınent $203
Housing costs Owns Clear
Checking and Both
savings accounts
Finance corapany No
reference
Major credit cards 5
Rano of debt to 294
coine
Declared
Never
banlouptey
According to the following table, what is his credit score?
Answer:
618
Explanation:
just answered it
American Products is concerned about managing cash efficiently. On average, inventories have an age of 90 days, and accounts receivable are collected in 60 days. Accounts payable are paid approximately 30 days after they arise. The firm’s operating-cycle investments are $30 million per year.Cost of goods sold are $20 million, and purchases are $15 million.
a. Calculate the firm’s operating cycle.
b. Calculate the firm’s cash conversion cycle.
c. Calculate the amount of resources needed to support the firm’s cash conversion cycle.
d. Discuss how management might be able to reduce the cash conversion cycle.
Operating cycle = 333.75 days ;CCC = 242.50 days; Resources needed = $19,921,917; The firm can delay payments to its suppliers by negotiating longer payment terms, taking advantage of early payment discounts, and optimizing its payment processes.
a. Calculation of the firm’s operating cycle:
Operating cycle is the time it takes for a business to convert its inventory into cash. It is computed by adding the average age of inventory and the average collection period.
Operating cycle is calculated using the formula:
Operating cycle = Inventory conversion period + Receivables conversion period
Inventory conversion period = (Inventory/Cost of goods sold) x 365 days
Inventory conversion period = ($15,000,000/$20,000,000) x 365Inventory conversion period = 273.75 days
Receivables conversion period = (Accounts receivable/Sales) x 365Receivables conversion period = ($15,000,000/$20,000,000) x 365Receivables conversion period = 273.75 days
Operating cycle = 273.75 days + 60 days
b. Calculation of the firm’s cash conversion cycle:
The cash conversion cycle (CCC) is the duration of time it takes for a business to transform its inventories into cash and make payments to its suppliers. CCC can be calculated using the formula:CCC = Operating cycle – Payable deferral period
Payable deferral period = (Accounts payable/Cost of goods sold) x 365
Payable deferral period = ($5,000,000/$20,000,000) x 365
Payable deferral period = 91.25 days
CCC = 333.75 days – 91.25 days
CCC = 242.50 days
c. Calculation of the amount of resources needed to support the firm’s cash conversion cycle:
Resources needed = Operating cycle investment x CCC
Resources needed = $30,000,000 x (242.50/365)
Resources needed = $19,921,917
d. Discussion of how management might be able to reduce the cash conversion cycle:
There are various ways management can reduce the cash conversion cycle. The following are some of the methods:By reducing inventory levels: The firm can reduce the amount of inventory it holds by focusing on demand forecasting, reducing lead times, and adopting just-in-time (JIT) inventory management .By reducing the receivables collection period: The company can expedite the collections process by offering discounts for early payments, charging interest on late payments, and improving its credit control processes.By increasing the payable deferral period.
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In what areas do federal agencies regulate to ensure safety and the general
wellness of US citizens?
a. Businesses
b. Environment
c. Products
d. All of the above
Answer:
d. All of the above
Explanation:
Government regulations are the rules that players in an industry must abide by. In a free-market economy like the US, the government's main role is to regulate economic activities. The government enforces regulation through its various agencies.
The areas of regulations include but are not limited to
Protecting consumers from undue exploitation by businesses, Encourage fair business competition Promote a healthy, safe work environment for employees Promote and sustain a clean environmentPrivate data protection and securityWhat is your opinion on the saying "If it doesn't challenge you, it doesn't change you"?
Answer:
I believe this saying refers to how we need challenges in our lives so that we can experience failure and learn from it.
Scientists around the world use a standardized taxonomic system. Why would scientists want to use a taxonomic system that is standardized?.
Scientists use the standardized taxonomic system to avoid confusion with identifying organisms.
What is a standardized taxonomic system?It is a system of binomial naming and identification of different types of organisms according to:
SpeciesClassGenreTherefore, taxonomy is essential for categorizing organisms and identifying biological information, helping scientists to organize and understand biology.
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All of the following are true statements about the workers in the Lowell factory system EXCEPT a they worked a maximum five days a week for eight hours a day b they were virtually all New England farm girls c they lived in company boardinghouses and were forbidden to form unions d they worked in factories where the windows were nailed shut
The statement about the workers in the Lowell factory system which is incorrect is:
A. They worked a maximum five days a week for eight hours a dayAccording to the given question, we are asked to show the odd statement out from the given answer choices about the Lowell factory system which was not true.
As a result of this, we know that the Lowell factory workers were young girls who worked in Massachusetts in America at the height of the Industrial Revolution and they lived in company boarding houses, forbidden to form unions and the windows of the factories were nailed shut.
Therefore, the correct answer is option A
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Which type of economy is used by the United States?
HELPPPPPPPPP
Answer:
mixed economy
Explanation:
The United States has a mixed economy. It works according to an economic system that features characteristics of both capitalism and socialism.
mixed economy
The United States has a mixed economy. It works according to an economic system that features characteristics of both capitalism and socialism
FILL THE BLANK.
As someone joins the military they are often required to leave the civilian life behind them in order to take on the new role in the organization. This often requires a new haircut, uniform, etc. This is an institutional tactic designed at changing the newcomer and is called---------------------------------------------------------
a . When a person starts a job with a cohort of other newcomers and they undergo training together this is an institutional tactic called .------------------------------------------
When a newcomer experiences too many work demands to be effective they are experiencing role----------------------------------
As someone joins the military they are often required to leave the civilian life behind them in order to take on the new role in the organization. This often requires a new haircut, uniform, etc. This is an institutional tactic designed at changing the newcomer and is called military indoctrination.
When a person starts a job with a cohort of other newcomers and they undergo training together this is an institutional tactic called onboarding.
When a newcomer experiences too many work demands to be effective they are experiencing role overload.
a. The institutional tactic designed to change the newcomer in the military by requiring a new haircut, uniform, etc., is commonly known as "military indoctrination" or "military socialization." Military organizations have specific norms, values, and practices that are distinct from civilian life. By implementing these changes in appearance and attire, the military aims to symbolize the transition from civilian to military identity and reinforce conformity to military standards. The goal is to instill discipline, unity, and a sense of belonging among new recruits, aligning them with the military's organizational culture.
b. When a person starts a job with a cohort of other newcomers and undergoes training together, this institutional tactic is referred to as "onboarding" or "new employee orientation." It involves introducing new employees to the organization's culture, policies, procedures, and expectations. This process often includes training sessions, team-building activities, and informational sessions about the organization's history, values, and goals. By bringing newcomers together in a cohort, the organization aims to foster camaraderie, build relationships, and provide a support system during the transition into the new work environment. This tactic helps new employees adapt more smoothly, develop a shared understanding of their roles, and establish connections with their peers.
c. When a newcomer experiences too many work demands to be effective, they are experiencing "role overload." Role overload occurs when an individual is overwhelmed by the number or complexity of tasks, responsibilities, or expectations associated with their role. It can result in increased stress, reduced job satisfaction, and decreased performance. Role overload often arises when the demands placed on an individual exceed their available time, resources, or capabilities. To address role overload, organizations can consider strategies such as workload redistribution, task prioritization, training and development initiatives, and supportive leadership to ensure that employees have a manageable and balanced workload, allowing them to perform effectively and maintain their well-being.
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Doug offers to sell a computer router to Eve, but it is stolen before Eve accepts. Doug:
a. is not required to obtain a similar item for Eve, because it could take an unreasonable period of time to obtain a replacement.
b. is not required to obtain a similar item for Eve, because the theft of the original router terminated the offer.
c. must obtain a similar item for Eve, if Eve offers to pay before delivery.
d. must obtain a similar item for Eve, if Doug tells Eve that he accepts the offer.
Answer:
The answer is B
Explanation:
Since its been stolen he can't offer her anything anymore based on that transaction
How does Ana spend her time in seedfolks?
Answer:
B
Explanation:
Got it right on edg 2020
Which statement best illustrates the relationship between three different
elements of the circular flow of products?
A. Product markets offer labor to businesses, which creates jobs for
households.
B. Resource markets sell goods to product markets, which sell the
goods to businesses
C. Households pay wages to businesses, which can then set up
product markets.
D. Businesses create goods for product markets, which sell them
directly to households.
Answer: is D
Explanation:
The statement, businesses create goods for product markets, which sell them directly to households, is best illustrates the relationship between three different elements of the circular flow of products.
What is a circular flow?
The most popular version of this model displays the circular flow of revenue between the consumer and business sectors. The product market and the resource market are placed between the two.
Consumer spending is the mechanism through which households' money flows to the market for goods and services when they are in need of them. The product market purchases goods and services from companies and sells them to households, making a profit.
As a result, option (d) is correct.
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in sales you have earned the right to ask for the order if: -- you established rapport -- did a proper job of qualifying -- made an appropriate product recommendation group of answer choices true false
The statement is True. in sales you have earned the right to ask for the order if: -- you established rapport -- did a proper job of qualifying -- made an appropriate product recommendation.
Product hints are part of an e-commerce personalization method wherein merchandise is dynamically populated to a consumer on a website, app, or e-mail based on data inclusive of client attributes, surfing behavior, or situational context—providing a customized purchasing enjoyment.
The latest take look from the research company Orbis research described AI-primarily based advice engines as “facts-filtering gear that make use of diverse algorithms and records to advise the maximum applicable gadgets to a specific customer.”A product recommendation engine (aka reco engine) is software that tracks the person's conduct on e-trade websites and based totally on that, it suggests products that users are probably interested in. The product advice may be made at once on the internet site, inside emails, or on advertising banners.
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suppose the federal reserve sets the reserve requirement at 14%, banks hold no excess reserves, and no additional currency is held. instructions: in part a, round your answer to one decimal place. in parts b and c, enter your answers as a whole number. if you are entering a negative number include a minus sign. a. what is the money multiplier? 7.1 b. how much will the total money supply change by if the federal reserve changes reserves by -$70 million? $ -500 million suppose the federal reserve wants to decrease the total money supply by $400 million. c. how much should the federal reserve change reserves to achieve this goal? $ million
The Federal Reserve should change reserves by: approximately -$56.3 million to achieve the goal of decreasing the total money supply by $400 million.
a. To calculate the money multiplier, use the formula Money Multiplier = 1 / Reserve Requirement. In this case, the reserve requirement is set at 14%, so the money multiplier is:
Money Multiplier = 1 / 0.14 = 7.1 (rounded to one decimal place)
b. To find the change in the total money supply when the Federal Reserve changes reserves by -$70 million, multiply the change in reserves by the money multiplier:
Total Money Supply Change = Money Multiplier x Change in Reserves = 7.1 x (-$70 million) = -$497 million (rounded to a whole number)
c. To decrease the total money supply by $400 million, divide the desired decrease by the money multiplier and find the necessary change in reserves:
Change in Reserves = Desired Decrease / Money Multiplier = -$400 million / 7.1 ≈ -$56.3 million
Therefore, the Federal Reserve should change reserves by approximately -$56.3 million to achieve the goal of decreasing the total money supply by $400 million.
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Complete question:
suppose the federal reserve sets the reserve requirement at 14%, banks hold no excess reserves, and no additional currency is held. instructions: in part a, round your answer to one decimal place. in parts b and c, enter your answers as a whole number. if you are entering a negative number include a minus sign.
a. what is the money multiplier?
b. how much will the total money supply change by if the federal reserve changes reserves by -$70 million? $ -500 million suppose the federal reserve wants to decrease the total money supply by $400 million.
c. how much should the federal reserve change reserves to achieve this goal? $ million
Please, I need help
Answer:
IV,I,III,V,II........
Eric promised his roommate David that he (Eric) would buy property insurance on the contents of their apartment. David relied on Eric’s promise and did not buy any insurance. Later, a fire in the apartment destroyed most of David’s goods. Discuss whether David may be able to recover damages for his lost property from Eric. (Is there a valid contract here? Is there any theory that might allow David to be compensated for his loss?)
In this scenario, there is a valid contract between Eric and David for the purchase of property insurance. Eric made a promise to David, and David relied on that promise by not buying insurance himself.
However, Eric failed to uphold his end of the contract by not purchasing the insurance.
As a result, David's goods were destroyed in a fire, and he suffered a loss. While Eric may be liable for breach of contract, there may also be a theory of negligence that could allow David to recover damages for his lost property.
Under a theory of negligence, Eric had a duty of care to David to purchase the insurance as promised, and his failure to do so resulted in the loss of David's property. Therefore, David may be able to recover damages for his lost property under a negligence theory.
Overall, it is important to uphold promises and contractual agreements to avoid situations like this where the property is destroyed and parties suffer losses.
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What might be a plausible explanation for the extra entry? Give at least two possibilities.
Answer:
Over confidence and Excess Entry are the plausible explanation for the extra entry.
Explanation:
An individual who undertakes the organization, creation, ownership of the business with potential growth.
Over confidence causes business entry mistakes and not been directly tested by economic decisions.
The experimental setting with basic features of business entry situations are created. The findings are consistent with the predictions that over confidence leads to excessive business entry.
Please help
9. Describe preventing/controlling risk in relation to how businesses deal with each of the
following:
a. Safety-
b. Security-
c. Employee incompetence-
d. Product selection-
e. Credit-
f. Changes-
g. Weather extremes-
a. Safety - Businesses can prevent and control risks related to safety by implementing safety protocols and guidelines, providing adequate training to employees, regularly inspecting equipment and facilities, and promptly addressing any safety concerns.
b. Security - Businesses can prevent and control risks related to security by implementing access control measures, using security cameras and alarms, regularly reviewing and updating their security policies, and training employees on how to identify and respond to security threats.
c. Employee incompetence - Businesses can prevent and control risks related to employee incompetence by providing thorough training and development programs, setting clear performance expectations, and regularly monitoring employee performance and providing feedback.
d. Product selection - Businesses can prevent and control risks related to product selection by conducting thorough research on products, identifying potential risks and liabilities associated with them, and regularly reviewing and updating their product selection policies.
e. Credit - Businesses can prevent and control risks related to credit by establishing credit policies and procedures, conducting credit checks on customers, setting credit limits, and regularly monitoring accounts receivable.
f. Changes - Businesses can prevent and control risks related to changes by conducting thorough risk assessments before implementing any changes, communicating changes to stakeholders, establishing contingency plans, and regularly reviewing and updating their change management policies.
g. Weather extremes - Businesses can prevent and control risks related to weather extremes by implementing weather emergency protocols, regularly monitoring weather forecasts, having emergency supplies on hand, and regularly reviewing and updating their weather emergency plans.
\( \: \)
Preventing and controlling risk in business involves implementing various strategies for different aspects such as safety, security, employee competence, product selection, credit, changes, and weather extremes.
Explanation:Preventing/Controlling Risk in BusinessSafety: Businesses can prevent safety risks by implementing safety measures such as providing proper training, enforcing safety protocols, and conducting regular inspections.Security: Businesses can control security risks by installing security systems, implementing access control measures, and conducting background checks on employees.Employee incompetence: Businesses can prevent employee incompetence risks by providing comprehensive training programs, establishing clear performance expectations, and conducting periodic performance evaluations.Product selection: Businesses can control product selection risks by conducting thorough market research, partnering with reputable suppliers, and performing product testing.Credit: Businesses can prevent credit risks by setting strict credit policies, conducting credit checks on customers, and implementing effective collection procedures.Changes: Businesses can control risks associated with changes by implementing change management strategies, communicating effectively with stakeholders, and conducting impact assessments.Weather extremes: Businesses can prevent or mitigate risks associated with weather extremes by implementing weather monitoring systems, having emergency response plans in place, and investing in appropriate insurance coverage.Learn more about Risk management in business here:https://brainly.com/question/33515955
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Your broker charges a commission of 5.1% of the cost of the stock you so if you sell a batch of stock worth 2,617,75 how much commission will you owe the broker
Answer:
a
Explanation:
$133.51 commission will you owe the broker, if you sell a batch of stock worth 2,617,75.
Thus, the correct option is A.
Who is a broker?
A broker is a free-standing individual or business that conducts financial transactions on behalf of others. Stocks, foreign exchange, real estate, and insurance are just a few of the asset groups that are impacted by these transactions.
The trading broker only acts on behalf of others, whereas the trader only deals with his or her own assets ("on his or her own account"). The broker acts on your behalf by using your assets, not his.
A broker deals in currencies, commodities, and financial instruments. The broker always acts on behalf of others, which is how they differ from traders. Worldwide, there is a huge variety of brokers, each with a different style, level of quality, and regulatory setup.
The spread, fee, or financing costs associated with a trading position generate revenue. The other CFD broker, in contrast, solely benefits financially from the trader's loss. Any gain achieved by the trader is a loss for the broker, which is why positions are manipulated or withdrawals are not executed.
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