In a lawsuit, there are two types of discovery that can occur: formal and informal. Formal discovery involves the exchange of information through legally binding procedures, such as interrogatories and depositions.
Interrogatories are written questions that one side sends to the other, which must be answered under oath. Depositions are in-person interviews, where a person is sworn in and questioned by the opposing side's attorney.
Informal discovery, on the other hand, refers to information that is exchanged voluntarily between the two sides, such as through emails or conversations. While formal discovery is often more thorough, both types can be important in building a strong case.
To know more about interrogatories visit:
https://brainly.com/question/24806658
#SPJ11
Which of the following is a condition that contributes to high performance?
A.Employees' rewards and compensation relate to the company's financialperformance.
B.Work design allows employees to use asingle skill.
C.Employee participation is planning changes pertaining to workmethod is limited.
D.Employees do not receive formal performancefeedback.
E.Training is discouraged because of highcosts
Among the options provided, condition A is the one that contributes to high performance. Employees' rewards and compensation being tied to the company's financial performance can motivate and incentivize employees to work towards achieving the organization's goals.
Condition A, where employees' rewards and compensation relate to the company's financial performance, is a key factor that contributes to high performance. When employees are rewarded based on the organization's financial success, it creates a direct link between their efforts and the company's overall performance. This can enhance employee motivation and engagement, as individuals are more likely to be driven to achieve higher levels of performance when they perceive a direct correlation between their efforts and their rewards. By providing tangible rewards for exceptional performance, this approach can attract and retain high-performing individuals, as well as stimulate healthy competition among employees. In contrast, Work design that allows employees to use a single skill (option B) may lead to limited growth and development opportunities. Limited employee participation in planning changes pertaining to work methods (option C) can hinder innovation and collaboration. Not receiving formal performance feedback (option D) can impede employee development and improvement. Discouraging training due to high costs (option E) can result in stagnant skill sets and hinder the organization's ability to adapt to changing market demands.
Learn more about employees here:
https://brainly.com/question/12440329
#SPJ11
an economy is producing goods x and y and is currently at its ppf. when the economy is producing 100 units of good x, the opportunity cost of 1x is 3y. if good x is produced at increasing opportunity costs, then when the economy moves along the same ppf to produce 120x, the opportunity cost of 1x could be y
The Production Possibility Frontier (PPF) represents the maximum production of goods and services an economy can achieve with its available resources. When the opportunity cost of producing one good (x) increases, the economy must sacrifice a greater number of the other good (y). For example, if producing 100 units of x requires sacrificing 300 units of y, producing 120 units of x would require sacrificing 360 units of y.
A PPF (Production Possibility Frontier) refers to the maximum number of goods and services that an economy can produce with its available resources. It shows the trade-offs that occur when a nation increases the production of one good, and the opportunity cost of producing the other good is sacrificed.
Therefore, the opportunity cost of producing one good (good x) is represented by the number of units of the other good (good y) that could have been produced with the same resources.
An economy is producing goods x and y and is currently at its PPF. If the economy is producing 100 units of good x, the opportunity cost of 1x is 3y. This implies that the economy can produce 100 units of good x and 300 units of good y along the same PPF. (1x = 3y, therefore 100x = 300y).
If good x is produced at increasing opportunity costs, then when the economy moves along the same PPF to produce 120x, the opportunity cost of 1x could be y. This suggests that the economy will have to sacrifice a higher number of goods y to produce an additional good x.
So, if we suppose that the new production point lies on the same PPF as the initial production point, and the opportunity cost of producing 1x becomes 1y when the economy produces 120 units of good x, then the economy must have produced 360 units of good y. (120x = 360y, therefore 1x = 3y = 1y + 2y).
For more such questions economy,Click on
https://brainly.com/question/28210218
#SPJ8
The opportunity cost of producing 1 unit of good x is 3 units of good y. If the economy produces 120 units of good x, the opportunity cost of 1 unit of good x could be 1 unit of good y.
Explanation:Opportunity cost refers to the value of the next best alternative that must be forgone when a decision is made to allocate resources, such as time, money, or effort, to one option over another. The opportunity cost of producing a good is the value of the next best alternative that must be given up to produce that good. In this case, the opportunity cost of producing 1 unit of good x is 3 units of good y.
This means that for every 1 unit of good x produced, the economy must give up producing 3 units of good y. If the economy moves along the same production possibilities frontier (PPF) to produce 120 units of good x, the opportunity cost of 1 unit of good x could be 1 unit of good y. This means that for every additional unit of good x produced beyond 100, the economy only needs to give up producing 1 unit of good y.
Learn more about Opportunity cost here:https://brainly.com/question/32971162
#SPJ12
Bavarian Bar and Grill opened for business in November 2021. During its first two months of operation, the restaurant sold gift cards in various amounts totaling $5,200, mostly as Christmas presents. They are redeemable for meals within two years of the purchase date, although experience within the industry indicates that 80% of gift cards are redeemed within one year. Gift cards totaling $1,300 were presented for redemption during 2021 for meals having a total price of $2,100. The sales tax rate on restaurant sales is 4%, assessed at the time meals (not gift cards) are purchased. Sales taxes will be remitted in January. Required: 1. Prepare the appropriate journal entries (in summary form) for the gift cards and meals sold during 2021 (keeping in mind that, in actuality, each sale of a gift card or a meal would be recorded individually). 2. Determine the liability for gift cards to be reported on the December 31, 2021, balance sheet. 3. What is the appropriate classification (current or noncurrent) of the liabilities at December 31, 2021
1- Journal Entries: a. November 2021: Cash (or Accounts Receivable) $5,200 Gift Card Liability $5,200
b. December 2021: Cash (or Accounts Receivable) $2,100 Sales Revenue $2,000 Sales Tax Payable $80 Gift Card Liability $1,300
Gift Card Breakage Revenue $100 ($1,300 x 20%)
In November 2021, the restaurant received $5,200 in cash (or accounts receivable) from the sale of gift cards. This results in a liability for the restaurant as the gift cards are redeemable for meals within two years of the purchase date. In December 2021, customers presented gift cards with a total value of $1,300 to pay for meals that cost $2,100. Since the meals were sold in December, the restaurant collected 4% sales tax on the meals ($2,100 x 4% = $80). The $2,000 ($2,100 - $80) received from the customers is recorded as sales revenue, and the sales tax collected is recorded as a liability until remitted in January. The liability for the unredeemed gift cards at the end of the year is $1,300 ($5,200 - $2,100) and is recorded as a liability. The restaurant also recognizes $100 of breakage revenue ($1,300 x 20%) since experience within the industry indicates that 80% of gift cards are redeemed within one year.
2- Liability for Gift Cards:
The liability for gift cards to be reported on the December 31, 2021, balance sheet is $1,300.
3- Classification of Liabilities:
The liability for gift cards should be classified as current liabilities on the December 31, 2021, balance sheet since they are expected to be redeemed within one year.
Learn more about “ Gift Card Revenue “ visit here;
https://brainly.com/question/30610028
#SPJ4
A $100,000 house insured on a policy with an 80% coinsurance requirement has a fire that caused $40,000 of damage; the owner has a policy with $60,000 coverage. How much can the owner collect for his loss?
Assuming the owner has a policy with $60,000 coverage. The amount that the owner collect for his loss is $30,000.
Policy coverageIn order for the total amount of a partial loss to be paid the house must be insured for at least 80 percent of its value on the date in which the loss ocur.
And since house has a policy coverage of the amount of $60,000. Based on this the minimum requirement is 75 percent which mean that the policy will pay only 75 percent of the loss or $30,000.
Inconclusion the amount that the owner collect for his loss is $30,000.
Learn more about policy coverage here:https://brainly.com/question/25855858
which of the following events must cause equilibrium price to fall in the market for gas-powered snow blowers? a.the price of snow plow services increases and there are fewer producers of gas-powered snow blowers. b.the price of gas decreases and the price of plastic, an important input into snow blowers, decreases. c.the weather forecasters predict a drier than normal winter and producers of gas-powered snow blowers find a faster method of production. d.shoveling snow is shown to be more environmentally friendly than using a snow blower and producers of gas-powered snow blowers expect prices of gas-powered snow blowers to increase in the near future.
Factors such as fewer manufacturers of gas-powered snow blowers and an increase in the price of snow plow services must lead the equilibrium price in the market for gas-powered snow blowers to fall.
Which of the following situations requires that the equilibrium price decrease?A decrease in supply and the equilibrium price will follow a decrease in demand. While all other factors remain constant, an increase in supply will cause the equilibrium price to fall while increasing the amount required.
Equilibrium Price Mcq: What is it?A commodity's supply and demand volumes are equal at the equilibrium price. The commodity's equilibrium quantity is known as this amount. In real life, a commodity's amount supplied may be larger or less than its quantity demanded depending on the price the seller/firm wishes to offer it for.
To know more about Snow blowers visit:
https://brainly.com/question/4439903
#SPJ1
If a scholar associates continued economic challenges in Africa as an outcome of previous European colonialism, to which theoretical paradigm would they likely subscribe
Conflict theory is a framework in which conflict is the result of a wrong, or wrong distribution of resources. This could be the case in colonial Africa, as the European colonies enjoyed many resources.
How did European colonization affect the African economy?Colonialism made African colonies dependent on introducing a unique cultural economy in the region.
The Europeans also humiliated African workers and traders. It forced the Africans to work in the colonial lands for very low wages and deported them.
Thus, the theoretical paradigm that can be associated with these economic challenges is Conflict theory.
To learn more about Conflict theory, refer:
https://brainly.com/question/17187400
#SPJ1
The practice of ___ is harmful because it can reduce and divert revenues
and also threaten the security of accounting systems.
A. competitive advantage
B. piracy
C. firewalls
D. a codes of ethics
Answer:
Explanation:
B. Piracy
PLEASE HELP!!! What is the name for the highest amount a policyholder pays for deductibles, coinsurance, and co payments?
A. benefit maximum
B. coverage maximum
C. out-of-pocket maximum
D. premium maximum
Answer:
out of pocket
Explanation:
plato
In its first month of operations, Novak Corp. made three purchases of merchandise in the following sequence: (1) 260 units at $5, (2) 420 units at $6, and (3) 405 units at $7.
Assuming there are 175 units on hand, compute the cost of the ending inventory under the (a) FIFO method and (b) LIFO method. Novak uses a periodic inventory system.
(a) the FIFO method and (b) the LIFO method are methods of calculating the cost of ending inventory. The cost of ending inventory can be calculated by using the periodic inventory system. Assuming there are 175 units on hand, compute the cost of the ending inventory under the (a) FIFO method and
(b) LIFO method.FIFO method:
In the FIFO method, the oldest units of inventory are recorded as sold first. In this method, the first inventory item purchased is assumed to be the first one sold out.
The ending inventory is 175 units.
First, calculate the cost of goods sold (COGS)COGS = (260 x $5) + (420 x $6) + (405 x $7)COGS = $5 x 260 + $6 x 420 + $7 x 405COGS = $1,300 + $2,520 + $2,835COGS = $6,655
Cost of the ending inventory under the FIFO method:
Purchase 1 (260 units x $5) = $1,300
Purchase 2 (420 – 260 = 160 units x $6) = $960
Purchase 3 (405 – 160 = 245 units x $7) = $1,715
Cost of the ending inventory under the FIFO method = $1,300 + $960 + $1,715
Cost of the ending inventory under the FIFO method = $3,975
LIFO method: In the LIFO method, the most recently purchased inventory is recorded as sold first. In this method, the last inventory item purchased is assumed to be the first one sold out.
The ending inventory is 175 units.
First, calculate the cost of goods sold (COGS).
COGS = (405 x $7) + (420 – 405 = 15 units x $6) + (260 units x $5)
COGS = $7 x 405 + $6 x 15 + $5 x 260COGS = $2,835 + $90 + $1,300COGS = $4,225
Cost of the ending inventory under the LIFO method:
Purchase 3 (405 – 175 = 230 units x $7) = $1,610
Purchase 2 (420 – 230 – 260 = -70 units x $6) = $0
Purchase 1 (175 units x $5) = $875
Cost of the ending inventory under the LIFO method = $1,610 + $0 + $875
The cost of the ending inventory under the LIFO method = $2,485Therefore, the cost of the ending inventory under the FIFO method is $3,975 and the cost of the ending inventory under the LIFO method is $2,485.
Note: In the FIFO method, the oldest units are assumed to be sold first. In the LIFO method, the newest units are assumed to be sold first.
To learn about ending inventory here:
https://brainly.com/question/31116503
#SPJ11
As a factor of production, what is capital?
A. an industrial good
B. the natural resources used to create a product
C. the entrepreneur who sees how to make something useful
D. the tangible products made by labor
Answer:
Option "D" is the correct answer.
Explanation:
Labor produces tangible goods, which are referred to as capital. There are production-related man-made items such as machinery, vehicles, and chemicals. That is what sets them apart from commercial products.
A U.S. company that manufactures home appliances is interested in entering the Chinese market. The company has many national appliance competitors in China, all of which have a better understanding of the unique needs of Chinese customers. Based on these facts, the U.S. company should consider which strategy for entering the Chinese market
Answer: Global strategic alliance
Explanation:
A global strategic alliance is an arrangement that takes place between two companies when they both go into a project that is mutually beneficial even though the independence of each company is still retained.
Based on these facts that have been given in the question, the U.S. company should consider using this strategy for entering the Chinese market.
The following financial information is taken from the balance sheets of the Benny Company and the Walter Company: Benny Walter $400,000 $900,000 Total assets 500,000 1,000,000 Total debt Calculate the debt-tototal assets ratio.
The debt-to-total assets ratio for the Benny Company is 1.25 and the debt-to-total assets ratio for the Walter Company is 1.11
Calculate The debt-to-total assets ratioThe debt-to-total assets ratio is a measure of the financial leverage of a company. It is calculated by dividing the total debt by the total assets. A higher ratio indicates that a company is more leveraged and may be at a greater risk of default.
To calculate the debt-to-total assets ratio for the Benny Company, we would use the following formula:
Debt-to-total assets ratio = Total debt / Total assets
Plugging in the values from the balance sheet:
Debt-to-total assets ratio = $500,000 / $400,000
Debt-to-total assets ratio = 1.25
Similarly, to calculate the debt-to-total assets ratio for the Walter Company, we would use the same formula:
Debt-to-total assets ratio = Total debt / Total assets
Plugging in the values from the balance sheet:
Debt-to-total assets ratio = $1,000,000 / $900,000 Debt-to-total assets ratio = 1.11
Therefore, the debt-to-total assets ratio for the Benny Company is 1.25 and the debt-to-total assets ratio for the Walter Company is 1.11
Learn more about debt-to-total assets ratio at
https://brainly.com/question/30253033
#SPJ11
guess a number between 1-20
Answer:
17
Explanation:
where does McKenna grace live? Brainliest for the correct answer
Answer:
McKenna grace lives in Texas of America.
Currently the distribution/exhibition pattern of films has changed, watching movies online has become a very common thing. Describe developments that will occur in the next 10 years. How is the pattern of watching Indonesian people? What is the evidence for this change? Describe the parameters.
Explanation provides valid data and parameters and can explain developments well, and has innovative arguments.
In the next ten years, several developments are expected to occur in the distribution and exhibition pattern of films. One significant change will be the continued growth of online movie streaming platforms. To summarize, the developments in the next ten years include 1. The continued growth of online movie streaming platforms. 2. Increased availability and affordability of high-speed internet connections. 3. Shift in viewer behavior towards online streaming due to convenience and wide selection of movies. 4. Accelerated adoption of online streaming services due to the COVID-19 pandemic. The evidence for this change includes the rising number of subscribers to streaming services and the decline in movie theater attendance during the pandemic.
Regarding the pattern of watching movies among Indonesian people, there will likely be a significant shift toward online streaming. The increasing availability and affordability of high-speed internet connections in Indonesia support this. As more people gain access to the internet, the convenience and wide selection of movies offered by streaming platforms will attract more Indonesian viewers. Furthermore, the COVID-19 pandemic has accelerated the adoption of online streaming services, as people spend more time at home and avoid crowded places like movie theaters. The rising number of subscribers evidences this behavior change to streaming platforms and the decline in movie theater attendance during the pandemic. These developments suggest that the pattern of watching movies among Indonesian people will increasingly involve online streaming platforms. The evidence for this change includes the rising number of subscribers to streaming services and the decline in movie theater attendance during the pandemic. These platforms, such as Netflix, Amazon Prime, and Disney+, have already gained popularity and are expected to become even more prevalent.
To know more about Streaming Platforms
https://brainly.com/question/30690448
#SPJ11
Please hurry!
What a loan is, what interest is, and how the annual percentage rate (APR) measures the true cost of a loan.
Answer:
In finance, a loan is the lending of money by one or more individuals, organizations, or other entities to other individuals, organizations etc. The recipient incurs a debt and is usually liable to pay interest on that debt until it is repaid as well as to repay the principal amount borrowed.
Explanation:
China's growth rate has___
that of most other countries,___
A. topped, but its real GDP per person declined in 2008–2009.
B. lagged behind, and its real GDP is close to other Asian economies
C. lagged behind; but its real GDP per person is higher than other Asian economies
D. equalled, and its real GDP per person declined in 2008-2009.
E. topped, but its real GDP per person is still lower than other industrialized countries
Answer: E. topped, but its real GDP per person is still lower than other industrialized countries
Explanation:
China has seen consistent growth for much of the past 20 years which has enabled them to topped the growth rate of most other countries.
Their real GDP per person however, is still lower than other industrialized nations like the U.S. and U.K.
This is due to their large population - largest in the world - making their GDP per person appear smaller despite them having a very substantial real GDP.
Using information from knowing why outsourcing is the best, why does it appear that Apple outsources to China?
Apple outsources to China because it offers lower manufacturing costs and access to a large pool of skilled labor. China has a strong manufacturing infrastructure, with many factories and suppliers that can produce high-quality components at a lower cost than in many other countries. Additionally, China has a large and highly skilled workforce, which is capable of producing large volumes of products with high levels of precision and quality. By outsourcing to China, Apple is able to take advantage of these benefits, while also benefiting from the country's strong intellectual property protection laws, which help to safeguard Apple's proprietary technology and designs. Overall, outsourcing to China allows Apple to reduce manufacturing costs, increase production efficiency, and maintain high levels of quality, which can help to improve its competitiveness in the global market.
Which economic problem concerns you the most? Why?
Answer:
So, here's the big picture. The great economic problem is how to arrange our limited resources to satisfy as many of our wants as possible. Resources are not equally valuable in all uses, so we must choose where to allocate our resources in order to get the most value out of those resources.
In general, business writing should be _____.
Business writing is important in the business community. The writing style and material must be specific in order to elicit a meaningful reaction and be expressive in nature.
What is a company definition in a nutshell?
A business is described as a company or organisation that engages in commercial, industrial, or professional activity. Companies can be either for-profit or non-profit organisations. Limited liability firms, sole proprietorships, corporations, and partnerships are all examples of business structures. The introduction to the business plan provides a basic summary of the business plan, including a brief company description, aims and objectives, and the reason for launching the firm.
Know more about meaningful Visit:
https://brainly.com/question/28499282
#SPJ1
Transactional selling is a strategically developed, high-quality, long-term relationship that focuses on solving the customer's buying problems. (T/F)
The statement "Transactional selling is a strategically developed, high-quality, long-term relationship that focuses on solving the customer's buying problems" is FALSE because in transactional selling the focus is completing individual transactions with customers, with the goal of making a sale as quickly as possible.
Transactional selling is a sales approach in which a salesperson focuses on completing individual transactions with customers, usually with the goal of making a sale as quickly as possible. In this approach, the salesperson typically focuses on the features and benefits of the product, rather than building a long-term relationship with the customer.
The emphasis in transactional selling is on making a one-time sale, and the sales process often involves little or no follow-up after the sale is made. This approach is commonly used for products that are low-cost, frequently purchased, and have a short sales cycle.
Learn more about transactional selling here:
https://brainly.com/question/20708859
#SPJ4
based on annual returns for the years 2000-2012, which one of the following exhibited the greatest risk and why?
Based on the annual returns for the years 2000-2012, the investment option that exhibited the greatest risk was Option C. This conclusion is drawn from the analysis of the variability in annual returns during this period. Option C displayed the highest standard deviation, indicating a greater degree of volatility and uncertainty in its returns compared to the other options.
The standard deviation is a measure of risk that quantifies the dispersion of returns around the average. A higher standard deviation suggests a wider range of possible outcomes and a higher level of risk. By comparing the standard deviations of the annual returns for each investment option, it was found that Option C had the highest value. This implies that Option C experienced more significant fluctuations in returns throughout the 2000-2012 period, making it the riskiest option among the given choices.
Learn more about Annual returns here; brainly.com/question/10375674
#SPJ11
Investors and analysts must have certain capabilities regarding financial reporting which include: ________
The answer to the question includes:
an understanding of current financial reporting standards.recognition that management selects the financial reporting standards used. an ability to recognize that financial statement information reported is grounded in judgment as well as factsThis is further explained below.
What is financial reporting?Financial reports are used by businesses to compile accounting data and present their current financial situation.
Accounting, also spelled as financial reporting, is the process by which monetary and nonmonetary data about economic entities like businesses and corporations are quantified, processed, and communicated.
An investor is an individual or group that contributes to the funding of a financial project.
In conclusion, Investors and analysts must have certain capabilities regarding financial reporting which include:
an understanding of current financial reporting standards.recognition that management selects the financial reporting standards used. an ability to recognize that financial statement information reported is grounded in judgment as well as factsRead more about financial reporting
https://brainly.com/question/1224013
#SPJ1
Sven immigrated to the United States at age 12 and obtained citizenship at age 18. He speaks with a thick accent . When he applied for a job as a bank clerk, someone else was selected because the other person was more accurate in counting money Has Sven been the subject of illegal discrimination ?
Answer:
Yes –Sven has been the subject of Discrimination The discrimination, however, was justified. but the discriminations isnt illegal
Explanation:
:) yw
Find solutions for your homework
Find solutions for your homework
businessfinancefinance questions and answerschoose the response that correctly completes the next sentence. a recent change in the law allows eligible employees of privately held corporations to: elect to postpone for up to five years the payment of taxes on the value of qualified stock acquired through the exercise of employee stock options and/or restricted stock units. postpone for up to five
This problem has been solved!
You'll get a detailed solution from a subject matter expert that helps you learn core concepts.
See Answer
Question: Choose The Response That Correctly Completes The Next Sentence. A Recent Change In The Law Allows Eligible Employees Of Privately Held Corporations To: Elect To Postpone For Up To Five Years The Payment Of Taxes On The Value Of Qualified Stock Acquired Through The Exercise Of Employee Stock Options And/Or Restricted Stock Units. Postpone For Up To Five
Choose the response that correctly completes the next sentence. A recent change in the law allows eligible employees of privately held corporations to:
Elect to postpone for up to five years the payment of taxes on the value of qualified stock acquired through the exercise of employee stock options and/or restricted stock units.
Postpone for up to five years the payment of capital gain taxes on the sale of stock acquired through the exercise of employee stock options.
Receive cash in lieu of company stock.
Sell restricted stock units back to the company
The correct response is: Elect to postpone for up to five years the payment of taxes on the value of qualified stock acquired through the exercise of employee stock options and/or restricted stock units.
The recent change in the law allows eligible employees of privately held corporations to choose the option of deferring the payment of taxes on the value of qualified stock. This applies specifically to stock that is acquired through the exercise of employee stock options and/or restricted stock units. By electing this option, employees can delay the tax payment for a period of up to five years, providing them with potential tax benefits and flexibility in managing their finances. It is important to note that this provision pertains to the deferral of taxes, not the elimination of taxes altogether.
Learn more about qualified stock visit:
brainly.com/question/32678795
#SPJ11
2. Choose any national or global chain with an online presence. Do a web search and spend time looking at their website. List the company's strengths in the space below. You may write in complete sentences or list form. (5-10 strengths) TIP: Look for strengths in different areas (product, price, promotion, place, sales, distribution).
The correct answer to this open question is the following.
I choose the Amazon website to answer this question.
These are the strengths of this global company.
-First, it has a presence almost worldwide, due to the benefits of e-commerce.
-Reputation. It has a good reputation because serves the customer well.
-Infrastructure. World-class facilities and delivery infrastructure to get the product on time.
-Variety of products. You access the company's website and can find anything. From books to toys, movies, and furniture.
-Prices. Accessible or competitive process because that is the advantage of e-commerce.
-Customer Service. Good client service that aims for entire satisfaction.
-Promise of delivery. Delivery time. Period.
Adam smith’s wealth of nations examines the underlying principles of which economic system?
Adam Smith's Wealth of Nations examines the underlying principles of the capitalist economic system.
What is capitalist?Capitalism is an economic system based on private ownership of the means of production and their operation for profit. It is characterized by the production of goods and services through the investment of capital and the pursuit of profits. It is a system of mainly private ownership and operation of the means of production, with the goal of making a profit. Capitalism has been the dominant economic system in the world for centuries, and has led to rapid economic growth and increased standards of living. It also allows for the emergence of entrepreneurs and small businesses to compete with larger, established firms. Capitalism encourages competition and innovation, and allows for the free flow of goods and services in the marketplace. Its main features include free markets, free trade, private property, the pursuit of profit, the accumulation of capital, and the pursuit of individual wealth.
To learn more about capitalist
https://brainly.com/question/1883291
#SPJ4
a recent research signified the large health benefits of eating cooked tomatoes. holding other things constant, this will cause a. the demand curve for tomatoes to shift to the right b. the demand curve for tomatoes to shift to the left c. the supply curve for tomatoes to shift to the right d. the supply curve for tomatoes to shift to the left
The recent research highlighting the health benefits of eating cooked tomatoes would likely cause the demand curve for tomatoes to shift to the right. Option a is correct.
This is because the increased awareness of the health benefits would lead to a higher demand for tomatoes, as more people would be inclined to consume them. However, it would not affect the supply curve for tomatoes, as the supply is determined by factors such as production and availability, which are not directly influenced by health benefits.
Therefore, the correct answer would be option A, the demand curve for tomatoes would shift to the right.
Learn more about demand curve https://brainly.com/question/13828738
#SPJ11
In the supply-and-demand schedule shown above, at the equilibrium price, quantity supplied is _____ and quantity demanded is _____.
A. 50, 350
B. 450, 75
C. 200, 200
Answer:
C. 200, 200
Explanation:
3. Suppose consumption is $2,000 billion, investment is $700 billion, government purchases are $1,200 billion, export spending is $100 billion, and import spending is $150 billion. What does GDP equal?
based on the given information, GDP equals $3,000 billion.
The calculation of GDP is based on the output based on the production and sales in the country. While calculating GDP the export are added as they show the incoming money in the market whereas imports are subtracted as they show the outgoing money from the market.
To calculate the GDP,
GDP = C + I + G + (X - M)
where:
C = consumption
I = investment
G = government spending
(X - M) = exports minus imports
Put the values in the formula as
GDP = $2,000 billion + $700 billion + $1,200 billion + $100 billion + ($150 billion - $100 billion)
GDP = $3,000 billion
Learn more about GDP, here:
https://brainly.com/question/15682765
#SPJ1