the law of supply states that as the price of a good rises, the quantity supplied of that good quizlet
Answers
The law of supply states that, ceteris paribus (all other factors being equal), as the price of a good rises, the quantity supplied of that good increases. This means that when the price of a product increases, producers are generally willing to supply a larger quantity of that product to the market.
The law of supply is based on the premise that higher prices incentivize producers to allocate more resources, invest in production, and increase output in order to maximize their profits. Conversely, if the price of a good decreases, the quantity supplied tends to decrease as well.
The law of supply reflects the positive relationship between price and quantity supplied and is a fundamental concept in economics that helps explain the behavior of producers in response to changes in market prices.
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Related Questions
the amount of unemployment that the economy normally experiences is known as
Answers
Answer:
The natural rate of unemployment.
What is the gross income multiplier for an investment property that has a gross income of $550,000 and a net income of $330,000 if the value is $4,125,000?
5.5
7.5
9.5
11.5
Answers
To calculate the gross income multiplier (GIM), divide the property's value by its gross income. In this case:
GIM = Property Value / Gross Income
GIM = $4,125,000 / $550,000
GIM = 7.5
However, the question asks for the GIM based on the property's net income, not its gross income. To find the GIM based on net income, we need to first calculate the property's capitalization rate (cap rate) using the net income and property value:
Cap Rate: Net Income divided by Property Value
Cap Rate = $330,000 / $4,125,000
Cap Rate = 0.08 or 8%
Then, we can use the cap rate to find the GIM based on net income:
GIM = 1 / Cap Rate
GIM = 1 / 0.08
GIM = 12.5
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Complete Question:
What is the gross income multiplier for an investment property that has a gross income of $550,000 and a net income of $330,000 if the value is $4,125,000?
a) 5.5
b) 7.5
c) 9.5
d) 11.5
According to the reading, what might support a premium pricing strategy? a) Forming your business as a corporation b) Fresh ingredients c) 24 hour operation d) None of the above
Answers
Answer: Fresh ingredients
Explanation:
If I am convinced that my own neighborhood is safer than it used to be, but that the crime rate in my society is at an all-time high, I am falling victim to...
A) Probability neglect
B) Shifting the burden of proof fallacy
C) Presumptive pessimism
Answers
Answer:
A) Probability neglect
Explanation:
You probably have lived there so long that you neglect to see what the true crime is, and you honestly could care less if its at it all time high
Answer:
A) Probability neglect
Explanation:
its neglectful if you do this
Internal Stakeholders → Exhibition that is open to the public, usually requiring an entrance fee.
True
False
Answers
Answer:
Explanation:
t
The Answer to this question is False
PLEASE HELP! IN A TEST! A salesperson may sell from a distance except when it involves _____.
A. contacting people through email messages
B. contacting people who have opted
out of receiving sales messages
C. letting customers place orders on a company's website
D. contacting people through telemarketing
Answers
Answer:
b
Explanation:
A salesperson may sell from a distance except when it involves contacting people who have opted out of receiving sales messages. Thus option (b) is correct.
Who is a salesperson?A salesperson is a person who is employed by a company or organization to sell products or services to customers. The primary role of a salesperson is to identify potential customers, establish relationships with them, and persuade them to purchase the company's products or services.
They may use a range of techniques to sell, including advertising, direct marketing, and personal selling. Successful salespeople typically have strong communication, interpersonal, and negotiation skills, and are able to build trust and rapport with customers.
If a person has opted out of receiving sales messages, the salesperson is not allowed to contact them for marketing purposes. Therefore, option (b) is correct.
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In order to remain viable, not-for-profit organizations need to focus on profits even more than the public service they provide.
a. true
b. false
Answers
The main answer to the given statement, "In order to remain viable, not-for-profit organizations need to focus on profits even more than the public service they provide" is FALSE.
Not-for-profit organizations are organizations established for social welfare and development without any profit-making motive. These organizations strive to serve their communities, people in need, and public service with an aim to improve society's welfare. They operate with public funding, donation, and other support programs.However, not-for-profit organizations also need to maintain some revenue stream for their sustainability and continued service to society. It is imperative for these organizations to consider generating revenue streams through their services to keep running and serving the community effectively. Although the profit-making motive is not the primary goal, they still need to focus on revenue generation to support their cause and provide efficient services.
Not-for-profit organizations need to focus on public service more than profits, but it is necessary to maintain a certain level of profitability to sustain their services. The more revenue they generate, the more effectively they can serve society. The idea of profit-making is not the primary goal but a way to support their service and social cause.
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Suppose GDP for 2020 was (in millions) $1,500, wages and salaries were $800, rent payments were $200, consumption was $1000, and interest payments were $200. What must the value of profits have been
Answers
GDP for 2020 was (in millions) $1,500,wages and salaries were $800,rent payments were $200,consumption was $1000, and interest payments were $200.
Find the value of profits:We know that:GDP = C + I + G + (X - M)Here, the value of GDP is $1,500Consumption (C) = $1,000Interest payments (I) = $200Therefore, investment (I) = GDP - C - I= $1,500 - $1,000 - $200= $300Further, we know thatNational Income = wages and salaries + rent payments + interest payments + profitsHere.
wages and salaries = $800Rent payments = $200Interest payments = $200National Income = $800 + $200 + $200 + Profits= $1,200 + ProfitsTherefore, Profits = National Income - ($1,200)= $1,500 - $1,200= $300Therefore, the value of profits must have been $300 million.Hence, the required value of profits was $300 million.
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an investor wants to purchase a twenty unit apartment complex. ten units rent for $300 per month, five for $325 and five for $350. vacancy and collection losses are estimated to be five percent of the potential gross income and operating expenses are expected to be $31,950. using a capitalization rate of ten percent, what should the investor pay for the property?
Answers
Answer:$42508.125
Explanation:
Under FINRA rules, all of the following are necessary to open a corporate account EXCEPT:_________.
a. corporate resolutions
b. corporate seal
c. corporate charter
d. corporate minutes
Answers
Answer:
Corporate minutes
Explanation:
Financial Independent Regulatory Agency (FINRA) is an independent body that formulates and enforces rules guiding registered brokers and broker dealer firms in the United States.
This also includes account opening requirements of brokers.
The required documents to open a broker account includes corporate resolutions, corporate seal, corporate charter.
Other information required are social security number, drivers licence or passport information, employment status, and investment profile.
why does the business cycle affect output and employment in captail goods industries and consumer durable goods industries more severly than in industries producing consumer nondurables
Answers
Companies that make capital equipment and durable goods are more impacted by the business cycle on employment and productivity than those that make consumer nondurables.
How do capital items perform?Among some of the capital assets that businesses use to generate their goods and services are structures, equipment, tools, and equipment.
The consumers: who are they?A person who acquires something for personal use and uses or consumes it is known to as a consumer. A consumer may enjoy the good, product, or service to support themselves as well as their business even when they are not permitted to resale it.The consumer is the individual who actually makes use of any goods or services.
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What happens to an inferior good when income decreases?
Answers
When a consumer's income decreases, the demand for an inferior good increases.
This is because an inferior good is a product that a consumer would purchase less of as their income increases. As a result, when their income decreases, the consumer will likely seek out lower-cost alternatives to more expensive products they would normally purchase.
For example, if a consumer typically purchases name-brand products but then experiences a decrease in income, they may switch to purchasing generic or store-brand products instead. This is because the generic or store-brand products are typically less expensive than the name-brand products and therefore considered inferior goods.
In general, inferior goods have a negative income elasticity of demand, meaning that as income decreases, the quantity demanded of the good increases. This is in contrast to normal goods, which have a positive income elasticity of demand, meaning that as income increases, the quantity demanded of the good increases.
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Which of the following does NOT explain why many people are not living on a budget?
People do not balance their checkbook on a monthly basis.
People find spending money a hobby and form of entertainment.
Or government is not modeling good budgeting skills.
People are unable to earn enough money to meet their financial obligations.
Answers
Answer:
People do not balance their checkbook on a monthly basis.
Explanation:
I just took the test
A manager who involves members of the team in decisions is using which management style?
A.
Authoritarian
B.
Hands-off
C.
Participative
D.
Autocratic
Answers
Answer:
c.
Explanation:
Answer:
i think its c) to
Explanation:
Luis, a professional chef, has carefully developed a set of product attributes for his new line of seasoning mixes, such as the brand name, features/design, and quality level. Luis is developing the.
Answers
For his new product of seasonings mixes, Luis, a trained chef, has meticulously designed a set of product characteristics, including the brand name, functionality, and quality rate. Luis is developing the actual product.
What is a product?An intangible marketing strategy that is employed to call for a business and its products or one of its many market segments can be described as a brand. It basically functions as a signal that the client can use to explain the goods.
As Luis has a whole plan which is justified and all the things are ready for it then he's starting a new product line that will help in developing the product, product characteristics, as well as the marketing strategy and brand name, which will be implemented. Thi8s is an actual product development.
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Elysha has a monthly gross income of $3,000 and a monthly debt load of $500. How can her debt-to-income ratio be classified?
Answers
Answer:
Her debt to income ratio is classified as favorable
Explanation:
The given information are;
Elysha's gross monthly income = $3,000
The amount she pays as debt each month = $500
Therefore, her debt to in to income ratio, DTI, is given as follows;
DTI = (Amount payed as debt)/(Gross income) = $500/$3,000 ≈ 0.167
We multiply by 100 to express the result as a percentage, to get;
0.167 × 100 = 16.7%
Given that her debt to income ration is less than 35%, her debt to income ratio is classified as favorable and she has a manageable debt.
Answer: Good—between 15 and 20 percent
Explanation: All you have to do is find what the different percents of 3,000 are and see which one is the closest.
Barbara and the bank signed a contract in which they agreed that the bank would loan $100,000.00 to Barbara to buy a car. She would then repay the loan by making monthly payments of $2,500.00 for 50 months. After 2 years of Barbara's making payments, she and the bank agreed that Barbara could sell her car to Dorothy who agreed to make all of the remaining payments which the bank accepted. This is an example of: A. A novation. B. An accord and satisfaction. C. A void contract. D. A voidable contract.
Answers
Answer:
Option A
Explanation:
A Novation is a form of contract in which the original contract is substituted by a replacement contract where by the new party agrees to accept all the debts to be paid as a part of the original contract.
In other way the original contracting party give all the rights and obligations to the new party
Hence, Option A is correct
You are thinking about offering golf lessons in your town. What types of data
(demographics, psychographics, use-based, or geographic) would you collect to create a
customer profile?
Answers
Answer:
name, address, work, past knowledge,,,
Demographics are the types of data that would a person like to collect to create a customer profile. Hence, option A is correct.
What is demographics data?Demographics are the statistics that describe populations and their characteristics. Demographic analysis is the study of a population in relation to factors like age, race, and gender.
A few examples of demographic characteristics are age, race, gender, ethnicity, religion, income, education, home ownership, sexual orientation, marriage status, family size, health and disability status, and psychiatric diagnosis.
Because it is the study of human populations, demography is essentially the study of demographics. Demographics refers to the statistical data that is obtained and reviewed in respect to a certain population or group.
Thus, option A is correct.
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How does a command economy differ from a mixed market economy?
In a command economy, citizens have fewer property rights. In a mixed market economy, citizens have more property rights.
In a command economy, citizens have more property rights. In a mixed market economy, citizens have fewer property rights.
In a command economy, citizens own all public property. In a mixed market economy, the government own all private property.
In a command economy, citizens own all private property. In a mixed market economy, the government owns all public property
Answers
Answer:In a command economy, citizens own all private property. In a mixed market economy, the government owns all private property.
Explanation:
The correct answer is: A. In a command economy, citizens have fewer property rights. In a mixed market economy, citizens have more property rights.
Explanation:
In a command economy, the government makes all economic decisions and owns all resources and property. This means that citizens have fewer property rights and little control over their economic decisions. The government makes decisions regarding what and how much to produce, how to produce it, and how to distribute it.
In contrast, in a mixed market economy, individuals and private businesses own most of the property and resources. The government sets regulations and standards to ensure businesses operate within certain boundaries, but individuals and businesses have more control over their economic decisions. Citizens have more property rights and freedom to make economic decisions based on market forces.
On Friday, September 15, an investor goes long 1 OEX Dec 575 call at 7 when the index is at 581.96. At expiration, the investor closes out the long position at intrinsic value when the index is at 580. What amount of money will be deposited in the investor's account on the following Monday, and what will the profit or loss be to the investor
Answers
The investor will receive $500 in their account on the following Monday, and the profit or loss will be a loss of $200.
The investor buys 1 OEX Dec 575 call option at a premium of 7 when the index is at 581.96. The strike price of the call option is 575.
At expiration, the investor closes out the long position at intrinsic value when the index is at 580.
To calculate the intrinsic value, we subtract the strike price from the index level. In this case, the intrinsic value is 580 - 575 = 5.
The investor paid a premium of 7 for the option, but the intrinsic value is only 5. Therefore, the investor has a loss of 7 - 5 = 2 per contract.
Since the investor holds 1 contract, the total loss is 2 * 1 = $2.
The investor receives the intrinsic value as a payout, which is 5 * 100 (since each contract represents 100 shares) = $500.
Therefore, the investor will have a loss of $200 ($500 - $700) in their account on the following Monday.
The investor will receive $500 in their account on Monday, but they will have a loss of $200 overall from the options trade.
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Managing negative feelings is__
a. A process
b. A hierarchy
c. An emotion
d. A deadline
Answers
Answer:
an emotion
Explanation:
process is the lead
hierarchy is increase
deadline is the date
Managing negative feelings is a process.The correct option is a.
It takes a variety of coping mechanisms and individualized approaches to effectively manage unpleasant emotions. It entails identifying and expressing negative emotions, comprehending their underlying causes, and implementing constructive coping strategies. This procedure might involve introspection, asking for help from others using relaxation techniques, exercising or getting professional assistance.
Individuals can improve their emotional resiliency, mental health and overall life satisfaction by actively addressing negative emotions. It is critical to understand that controlling unpleasant emotions is a continuous and dynamic process because feelings can change depending on the situation and one's experiences. Greater emotional intelligence and improved mental health can result from learning effective emotional management techniques.
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which of the following is NOT one of the factors considered in the FICO scoring system? A) level of debt B) employment history C) variety of debt sources D) length of credit history
Answers
Factors considered in the FICO scoring system is (B) employment history is the correct option. These five components comprise FICO scores: History of payments (35%), Owed sums (30%),Credit history duration(15%)(4% new credit), Five credits (10%).
A major component of the credit report that lenders use to determine the credit risk of applicants is a sort of credit score called a FICO score. Poor payment history is referred to as having bad credit, and it frequently shows up as a low credit score. The five variables that affect FICO scores are shown below along with their contributions.The payment history makes about 35% of the FICO score.Owed sum - accounts for 30% of FICO rating.The length of credit history makes up 15% of the FICO score.Credit mix: 10% of the FICO score is based on this.Fresh credit - 10% of the FICO score is derived from it.As a result, option (B) is the best choice because payment history accounts for 35% of the FICO score.
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PLS NEED HELP IM BEHIND BAD
Answers
Answer:
The first answer
Explanation:
Just took it
Melissa is trying to decide between two digital cameras.
Camera 1: $250, 8 megapixel, 3" LCD, timer, no video
Camera 2: $320, 10 megapixel, 3" LCD, timer, video
Use the PACED decision-making process to decide which camera Melissa should buy:
Answers
Answer:
Buy Camera 2.
Explanation:
PACED, decision making process is used to make decisions when alternative options are available. In the given case Melissa has two option either to buy camera 1 or camera 2.
The steps for PACED decision making process are :
1. Define the Problem
2. List Alternatives
3. Identify Criteria
4. Evaluate Alternatives
5. Make a Decision
1. To buy Camera 1 or Camera 2
2. Camera 1 or Camera 2
3. Which ever camera has more features will be selected
4. Camera 2 has better features than camera 1
5. Buy Camera 2.
What is the theme of the "I am not your perfect Mexican daughter"?
Can someone please report my question and answers??
Answers
Answer:
The theme of "I Am Not Your Perfect Mexican Daughter" is secrecy and lies.
Explanation from litcharts.com to better understand the theme:
As the novel unfolds and Julia digs deeper into the secrets her recently-deceased older sister Olga left behind, she comes face-to-face with more and more unsettling truths about her family’s past. In the end, Sánchez ultimately suggests that some secrets are too painful to share—and that some lies are actually a mercy, meant to protect people from hurtful, devastating truths.
P.S: Why do you want me to report your questions and answers? Unless it is something that violates the Honor Code, I am not going to do that
external cost of expanding or building airport
Answers
Answer:
External costs may involve or interact and be impacted by the environment, society, or economic travesty, especially ones that were uncalled-for.
External costs depend on many things, including area, time, and space, but will mostly be a few hundred thousand U.S.D.
Which is an example of non-tradable good or service.
Vegetables
Soda
Hotel accommodation
Textiles
Answers
A typical example of a non-tradable good or service is; Hotel accomodation.
What are non-transferable goods and services?Traditionally, non-tradable goods include such items as electricity, water supply, all public services, hotel accommodation, real estate, construction, local transportation; goods with very high transportation costs such as gravel; and commodities characteristically produced to meet special customs or conditions of the market space.
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Is there anyway to make money as a teen (Online), I am 14.
Answers
100 POINTS PLEASE HELP!!! Designers consider both elements and principles of design when creating advertisement layouts. Research one element of design and one principle of design. Write a 5- to 10-sentence paragraph explaining how each might be used during the creation of an ad.
Answers
Answer:
Designers could use size in order to bring the most important aspects such as the message or product to the eye of those viewing the ad. Designers could also use color in order to showcase the most important products vs those apart of a collection. Designers could use harmony to bring the ad together and make it all seem as if it is one piece. Variety could also show that the designers have many different things to offer to the public.
Explanation:
Sorry, I tried my best, idk if this is what you are looking for?
Element of Design: One element of design that is used is value, which helps create shading texture when needed. This can help a substance seem "popped-out", and can be used to catch people's attentions. Design is important also in creating what can be seen by the naked eye, and what is placed on there can draw different people into seeing the product in their own eyes. Appearance can be appealing or even unappealing, in getting people to be interested & even talk about the design. Designers design something that is either aesthetically pleasing, or would catch a person's attention, and hopefully spread the word around. Examples of value can be shading, different shades of the same color, etc.
Principle of Design: One principle of design is harmony, which can make it feel wholesome or pleasing the a person. This is a very good way to draw people (especially a sect commonly known as perfectionists) to buy the product. The opposite can also be said, as the distortion can also draw people to buy the product. As long as the design appeals to potential buyers, it is worthwhile to use.
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in what area did many new industrial towns develop?
Answers
Urbanization Begins in the United States,The American (or Second) Industrial Revolution began in the second part of the 19th century as the nation was recovering from the Civil War.
How did industrial towns come into being?With the development of the steam engine, industries were no longer required to be constructed alongside swiftly moving waterways. Nowadays, businessmen prefer to construct factories in areas with a plentiful labour force. Therefore, a town was the most logical location for a factory.
What does a city or town's industrialised area look like?A zone or territory that contains a collection of independent industrial facilities that are all active at the same time is known as an industrial city. It is typically situated on the outskirts of a town and has good access to both road and rail transportation.
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