Suppose the supply and demand curves for wheat are given by:
S = 2P-1
D=5-P
where P is the price of wheat per bushel, D is the quantity of wheat demand (in millions of bushels), and S is the quantity of wheat supply (in millions of bushels). Suppose the free trade price of wheat is $1.00 and that a tariff of $0.50 is being considered by the government.
If the country is a small importer calculate the following: i. The value of the increase in producer surplus expected due to the tariff.
ii. The value of the decrease in consumer surplus expected due to the tariff.
iii. The value of the tariff revenue expected due to the tariff.
iv. The value of the change in national welfare expected due to the tariff.

Answer:

The correct answer is C.) Stock Brokerage Firms and Insurance Companies

Explanation:

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Answer:

There are benefits and drawbacks to command economy structures. Command economy advantages include low levels of inequality and unemployment, and the common good replacing profit as the primary incentive of production. Command economy disadvantages include lack of competition and lack of efficiency.

Explanation:

Answer:

475

Explanation:

An average value is the sum of all initial values divided by the number of values used.

i.e Av = \(\frac{sum of values}{number of values}\)

Since the 5 students are expecting final average of 95, then their final test score can be determined by;

number of values used = 5, and the average = 95

So that;

95 = \(\frac{sum of values}{5}\)

⇒ sum of values = 95 × 5

                           = 475

sum of values = 475

The first 5 students' final test score = sum of values = 475.

Their final test score need to be 475.

NORA technology can create a detailed dossier of a person by analyzing various data sources. However, not all data sources can be utilized to create a comprehensive profile. Among the given options, the one that is NOT a way in which NORA technology can create a detailed dossier of a person is option A, customer transaction systems.

While customer transaction data can be useful for analyzing purchase patterns and preferences, it may not provide sufficient information about a person's personal life, relationships, health, or criminal history. Other sources such as medical records, telephone records, incident and arrest systems, and human resources systems can offer more significant insights into a person's life.

NORA technology can create a detailed dossier of a person using various sources. However, the option that is NOT a way in which NORA technology can create such a dossier is B. Human resources systems. Customer transaction systems, medical records, telephone records, and incident and arrest systems can all be utilized by NORA technology to gather and analyze data to create a detailed profile of an individual.

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the answer for the question Many theaters sell empty seats at a deep discount just before show time. What economic concept is displayed by this behavior? option B. Sunk costs.

Sunk costs, also known as retroactive costs, refer to investments already made that cannot be recovered. Examples of corporate sunk costs include marketing, research, installation of new software or equipment, salaries and benefits, or operating expenses.

Opportunity cost is the value of the benefit of a lost alternative, a suboptimal alternative that could have been chosen but not chosen. Another way of looking at it is that "to choose is to refuse." One choice is accepted only by rejecting another choice.

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The unbiased forward rate condition states that the forward rate is an unbiased predictor of the future spot rate. This means that the expected spot rate for the yen in 6 months is ¥90.

The current spot rate is ¥89, and the 6-month forward rate is ¥90. This means that the market is expecting the yen to appreciate in value over the next 6 months.

If the unbiased forward rate condition holds, then the expected spot rate for the yen in 6 months will be ¥90. However, it is important to note that the unbiased forward rate condition is just a theory, and it does not always hold in practice.

In reality, there are many factors that can affect the future spot rate, such as changes in interest rates, economic growth, and political stability. Therefore, it is possible that the expected spot rate for the yen in 6 months could be different from ¥90.

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Okay very school thank s

The type of lawsuit that the two buyers who discover that they both have recorded deeds for the same parcel of land will file to determine who has title is an action to quiet title.

An action to quiet title is a lawsuit that is filed to establish who has ownership of real property. It is a legal remedy used to settle disputes related to the ownership of real estate, such as title defects, boundary disputes, or ownership challenges.

This type of lawsuit seeks to remove any claims or disputes regarding the ownership of a property and establish clear title to the property.

The two buyers who discover that they both have recorded deeds for the same parcel of land will have to file an action to quiet title lawsuit to determine who has title. In this type of lawsuit, a judge will review the evidence provided by each party and make a ruling on who has the rightful claim to the property.

The ruling will provide a clear determination of ownership and will settle the dispute between the two buyers.

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Answer: B

Explanation:

B) Online shopping is the most common use of the internet by consumers. With the growth of e-commerce platforms and the convenience of online shopping, more and more consumers are using the internet to purchase products and services. Electronic banking is also a common use of the internet by consumers, but it comes in second after online shopping. Selling a house and printing contracts are less common uses of the internet by consumers, as these activities typically require more specialized tools and knowledge beyond just accessing the internet.

Answer:

One way Southerners slowed the progress of African Americans during the Jim Crow Era was through the implementation of discriminatory laws, such as poll taxes and literacy tests, that prevented them from exercising their right to vote. Another way was through the use of violence and intimidation tactics, such as lynching and the Ku Klux Klan, to instill fear in African Americans and discourage them from seeking equal rights.

Explanation:

A. There is no single, global legal system in the world today.

Correct option should be A, however there is a slight chance B is correct But I am 90% sure it is A

Entrepreneurs create employment opportunities not only for themselves, but also for others.

Entrepreneurial activity can affect a country's economic performance by introducing new products, methods and production processes into the market, promoting productivity and competition more broadly.

Entrepreneurship is a general term for starting a business. For example, Howard Stevenson of the Harvard Business School defines entrepreneurship as "the pursuit of opportunities beyond the control of resources" and defines it as the process of a employment company, rather than at a specific point such as founding or founding a company. I see it as a kind of approach. A specific person within a company, such as a founder.

As discussed below, there are several complicating factors in the relationship between entrepreneurship, economic growth, development and well-being, but entrepreneurship driving economic growth is important. However, this is not a panacea and, as we will discuss below, broader economic conditions other than entrepreneurship are important in determining whether economic growth will occur.

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Answer:

The advantage for BMW is that an increase in value added tax will also affect BMW cars. This means that BMW will be more expensive, making it likely to for BMW earn more revenue, and thus, for its stockholders to earn more profit.

However, the disadvantage is exactly the same, just the other way around: the VAT increase would also affect prices for many parts, supplements, and other goods and services that BMW acquires to make cars. This in turn will also raise production costs, making higher selling prices not only a possibility, but likely a necessity in order to maintain profit margins.

Answer:

Sophisticated People Are More Likely To Be Scammed

Explanation:

Most scams depend on a psychological technique that’s now called social engineering. People make bad decisions when an emotion becomes so strong that the higher-level thinking parts of the brain essentially shut down. Strong feelings of fear, anger, and greed can cause people to make decisions they wouldn’t make at other times. The con artists excel in using social engineering to stimulate strong emotions.

Answer:

Both single column cash book and double column cash book are similar because they both record cash payments

Explanation:

A cash book is a book or journal used to record all business transactions within a particular period like receipts, disbursements, bank deposits and bank withdrawals. They are different cash books namely: single column cash book, double column cash book and triple column cash book.

A single column cash book is used to record payments in form of cash while a double column cash book records both cash payments as well as bank transactions.

Both single column cash book and double column cash book are similar because they both record cash payments

Answer:

A free market economy promotes the production and sale of goods and services, with little to no control or involvement from any central government agency.

Explanation:

Advantage:

Disadvantage

There are advantages and disadvantages of running the cafeteria in either way. In the original example, the cafeteria is being run like a command economy. In this scenario, all students are looked after; the meals are cheaper because they are government subsidized, and the food is healthier because the students do not have as much of a say. Some disadvantages of this way of running the cafeteria include that the students are very dissatisfied with the school food, there are feelings of frustration because the principal won’t listen to the students’ requests, and the students have turned to a silent rebellion to voice their opinion. Running the school like a market economy also has advantages and disadvantages. The students are far more satisfied with their school food, and are pleased that their voice is listened to, however they are eating less healthy foods, and the lunch is more expensive because it is not government.

Answer:

a. Memorandum of Association

Explanation:

Memorandum of Association is the document also called the charter of the company. Memorandum of Association is  the document created and formed during the registration and the formation of a limited liability company. Memorandum of Association defines the overall relationship with all the shareholders of the company and it is used to showcase the legal existence of a company.

Answer:

c

Explanation:

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Have it your way, is the marketing campaign slogan of the company Burger King.

Based on Burger King's willingness to customize orders to each customer's tastes and preferences, the company developed a highly successful advertising campaign in the early 1970s with the slogan "Have It Your Way." This strategy targeted McDonald's rigidity flaws.

Burger King rules the Internet, and companies are raising the stakes to create the most popular TV commercials. The fast food chain's "BK have it your way" ad irritated sports fans and turned it into a meme.

The new slogan and old jingle are part of Burger King's contemporary brand positioning. New brand positioning for the Miami-based burger chain's new slogan, "You Rule," was unveiled Thursday.

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Answer:

Noncontrolling interest's share of the earnings = $132,000

Explanation:

Missing information;

Share of Femur Co. acquired = 70%

Amount of amortization of fair value in 2020 = $60,000

Revenues in 2020 = $2,500,000

Expenses in 2020 = $2,000,000

Find:

Noncontrolling interest's share of the earnings

Computation:

Noncontrolling interest's share of the earnings = [$2,500,000 - $2,000,000 - $60,000][1-70%]

Noncontrolling interest's share of the earnings = [440,000][0.3]

Noncontrolling interest's share of the earnings = $132,000

Trey's bank raises the interest rate on his line of credit without providing an

explanation. The consumer protection law that his bank violated is: "The Truth in Lending Act of 1968".

The Truth in Lending Act of 1968 is a federal law in the United States aiming to encourage the informed use of consumer credit by requiring disclosures about its terms and prices to standardize the method in which borrowing expenses are computed and communicated.

Consumer protection laws protect consumers from faulty products and deceptive or fraudulent company activities.

It is to be noted that in the United States, a range of federal and state laws govern consumer affairs. The Federal Food, Drug, and Cosmetic Act, the Fair Debt Collection Practices Act, the Fair Credit Reporting Act, the Truth in Lending Act, the Fair Credit Billing Act, and the Gramm-Leach-Bliley Act are a few examples.

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Answer:

Credit Card Accountability, Responsability, and Disclosure Act

Explanation:

The EPS (Earnings per Share) of the A+ company is $16.

To calculate the EPS, we need to use the formula:

EPS = (EBIT - Interest Expense) x (1 - Tax Rate) / Number of Shares Outstanding

Given information:

- Assets = $100,000

- Shares Outstanding = 1000

- Debt = $0

- EBIT = $20,000

- Interest Rate on Debt = 10%

- Tax Rate = 40%

Since the A+ company has no debt, the interest expense is $0. Therefore, the formula simplifies to:

EPS = EBIT x (1 - Tax Rate) / Number of Shares Outstanding

Substituting the given values into the formula:

EPS = $20,000 x (1 - 0.40) / 1000

   = $20,000 x 0.60 / 1000

   = $12 / 1000

   = $0.012

To convert EPS to dollars, we multiply it by the nominal value of each share, which is $100. Therefore:

EPS = $0.012 x $100

   = $1.20

Therefore, the EPS of the A+ company is $1.20 per share.

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Answer:

Directing

Explanation:

Directing is the function of managers or the authority to issue instructions and guidance to subordinates and oversee their implementation.  The management guides and inspires the other members towards achieving the set organizational goals. Directing is providing leadership to junior members of the organization.

The President of the Mount Pleasant Student Council is directing the members to ensure a successful event.

The statement "the unemployment rate in the United States was 5.2 percent in January 2005" applies to macroeconomics.

Macroeconomics focuses on the study of the overall economy and aggregates such as national income, inflation, unemployment, and economic growth. The unemployment rate, which measures the percentage of the labor force that is unemployed and actively seeking employment, is a macroeconomic indicator. It provides insights into the state of the labor market at the national level. Therefore, the given statement pertains to macroeconomics as it provides information about the unemployment rate in the United States as a whole during a specific period.

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If pen and ink are used to produce a line quality that varies in thickness, it is often described as "pen and ink with a variable line width" or "pen and ink with a varied line weight".

Pen and ink is a popular medium for drawing, particularly for line art. When the thickness of the lines varies, it can add depth, dimension, and interest to the drawing. This technique is achieved by using a pen that has a flexible nib or tip, which allows the artist to apply varying amounts of pressure to the pen to create thicker or thinner lines. The resulting effect is commonly referred to as "pen and ink with a variable line width" or "pen and ink with a varied line weight", and it is often used to create expressive and dynamic illustrations.

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The company that is  having the most problem collecting their accounts receivable is: Company 4.

Company 1

Accounts receivable turnover= $2.6 million/$198,000

Accounts receivable turnover= 13.13

Average collection period=365/13.13

Average collection period= 27.8 days

Company 2

Accounts receivable turnover=$150,000/$12,000

Accounts receivable turnover= 12.5

Average collection period=365/12.5

Average collection period= 29.2 days

Company 3

Accounts receivable turnover=$490,000/$27,000

Accounts receivable turnover= 18.15

Average collection period=365/18.15

Average collection period=20.11 days

Company 4

Accounts receivable turnover=$1.4 million/$153,000

Accounts receivable turnover= 9.15

Average collection period=365/9.15

Average collection period= 39.9 days

Based on the above calculation the company that is  having the most problem collecting their accounts receivable is Company 4 reason been that Company 4 average collection period of 39.9 days is longer than their credit term period.

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True. social media marketing relies on the same fundamental marketing principles that have been used for years. The main difference is the platform and the way in which you engage with your audience. By understanding these core principles, you can create an effective social media marketing strategy that drives results.

Social media marketing is indeed based on marketing principles that have been around for years. While the platforms and technology may be relatively new, the core principles of marketing remain the same. These principles include:

1. Understanding your target audience: Just as with traditional marketing, social media marketing requires you to know who you are trying to reach and tailor your message accordingly.

2. Setting clear goals and objectives: Establishing specific, measurable, achievable, relevant, and time-bound (SMART) objectives helps you focus your marketing efforts and measure your success

. 3. Crafting compelling content: Content is king in social media marketing, as it was in traditional marketing. You must create content that is engaging, relevant, and valuable to your audience.

4. Consistent branding: Maintaining a consistent brand image and messaging across all social media platforms is essential for building brand recognition and credibility.

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True. Social media marketing is based on marketing principles that have been around for years.

Social media marketing is based on traditional marketing principles such as identifying and targeting the right audience, creating valuable content, building brand awareness and engagement, and measuring and analyzing results. The channels and tactics may be different, but the underlying principles remain the same.

The 7 key marketing principles are Product, Price, Place, Promotion, People, Process (or Positioning), and Physical Evidence (or Packaging).

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One way that technology can improve the production of goods is : ( C ) Automation can create goods more cheaply and easily

Automation is the creation and application of technologies to the process of production and distribution of goods and services with minimal or no human intervention. Automation makes the creation of goods easier and with less cost.

Hence we can conclude that One way that technology can improve the production of goods is Automation can create goods more cheaply and easily.

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Here is the analysis of whether the short-term lease recognition exemption would be available for each lease:

Lease 1: Lease term: 11 months

Option to purchase: No

The short-term lease recognition exemption would be available for this lease because the lease term is 12 months or less and there is no option to purchase the underlying asset.

Lease 2:Lease term: 10 months

Option to purchase: Yes, but the lessee is not reasonably certain to exercise the option.

The short-term lease recognition exemption would be available for this lease because the lease term is 12 months or less and the lessee is not reasonably certain to exercise the option to purchase the underlying asset.

Lease 3: Lease term: 11 months

Option to purchase: Yes, and the lessee is reasonably certain to exercise the option.

The short-term lease recognition exemption would not be available for this lease because the lease term is 12 months or less, but the lessee is reasonably certain to exercise the option to purchase the underlying asset.

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