The fact that millions of dollars have been spent on the project so far is irrelevant to the current decision about whether to continue funding it. Instead, the senator should focus on the project's future costs and benefits.
a. The senator's argument is flawed because he or she is relying on the sunk cost fallacy. A sunk cost is a cost that has already been incurred and cannot be recovered.
b. The decision should be based on a cost-benefit analysis. The senators should evaluate whether the benefits of the program, such as preparing students for exciting and well-paying careers, outweigh the costs of funding it. They should also consider alternative uses of the funds, such as funding other programs or reducing taxes.c. The decision-making process used by economists would change if the program being funded was additional bombers. Economists would consider the opportunity cost of funding the program, which is the value of the next best alternative use of the funds. They would also consider the marginal cost and marginal benefit of each additional bomber. If the marginal benefit of an additional bomber is greater than its marginal cost, then economists would recommend funding the program.
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how does Globalization affect the wealth gap?
Explanation:
Globalization may not be the sole driver of global income inequality. ... A common narrative frames globalization as the cause of inequality: by shifting low-skilled jobs from wealthier countries to poorer countries, economic integration has increased inequality within countries while lowering inequality between them.
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meg whitman removing gates and fences that separated executive parking from general employee parking at hp is an example of .
Meg Whitman removing gates and fences that separated executive parking from general employee parking at HP is an example of promoting equality and fairness in the workplace.
What is Meg Whitman best known for?
Meg Whitman is best known for being the CEO of Hewlett-Packard (HP), eBay, and Quibi. She has also been involved in politics, running as the Republican nominee for Governor of California in 2010. During her time as the CEO of HP, Whitman made significant changes, including removing gates and fences that separated executive parking from general employee parking and promoting equality and fairness in the workplace. She also led the company through a period of restructuring and cost-cutting.
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to successfully argue that a particular cause led to a particular effect or outcome, you must show that
To successfully argue that a particular cause led to a particular effect or outcome, one must show correlation, temporal Relationship, Plausibility, elimination of Alternative explanations, etc.
Successfully arguing that a particular cause led to a specific effect or outcome requires demonstrating a plausible and convincing relationship of causation. This involves several key elements. First, there should be a correlation or association between cause and effect, with changes in the cause coinciding with changes in the effect. Establishing a consistent pattern reinforces the argument for causation. Second, the cause must precede the effect in time, establishing a clear temporal relationship. This logical sequence suggests that the cause could have influenced the occurrence of the effect. Third, the cause must be plausible, making logical sense in its ability to produce the observed effect. Providing a reasonable explanation strengthens the case for causation.
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the difference between total revenue and total expenses when total expenses are greater.
Answer:
Net Loss
Explanation:
write a journal post with three things you might be able to do to go to college (or any other option you are considering after high school) without student loan debt?
Answer:
You can apply for scholarships, work in high school, and receive grants.
Explanation:
You can possibly graduate college without debt or little money owed back to a bank.
The first option is a scholarship, this money is usually only offered from a range of $500-fully paid tuition. You may have to apply to hundreds before you are granted some but they are offered from freshmen in high school all the way to almost graduating college.
Your second option is working, sophomore year is when you'd be able to get a job the earliest. Every paycheck you save about 20%, work all the way through college and you can save enough to pay for your first year, possibly second year of college. You could also work while you're a full-time student, it'd be hard work but it can be done.
Your third option, but not last is to apply for grants. This is basically free money, they differ from scholarships though. You do not have to pay grants back, and you can get sponsored by companies to pay your way through college.
According to the U.S. Department of Labor, the average American has had how many jobs before the age of 32? a. four b. at least eight c. three or fewer d. one or two
Answer:
b. at least eight
Explanation:
According to data from the US Bureau of Labor Statistics released in May 2020, an average American has had 8.2 jobs before the age of 32. here is an extract
"--Individuals held an average of 8.2 jobs from ages 18 through 32, with over half of these jobs being held between the ages of 18 and 22".
Answer:
B at least eight
Explanation:
Most real estate agencies are created by what?
Opportunity Cost
in order to
v something else.
Opportunity cost is what must be
Opportunity cost forces consume
lucers to make
received
given up
replaced
Calculate the GDP using the data below (all figures are shown in millions)
Personal Consumption = $50
Government Consumption = $20
Business Consumption = $80
Gross Investments = $100
MULTIPLE CHOICE >>
$150 million
$100 million
$250 million
$200 million
Answer:
$250 million.
Explanation:
To calculate the GDP using the following data (Personal Consumption = $ 50, Government Consumption = $ 20, Business Consumption = $ 80 and Gross Investments = $ 100) the following calculation must be performed:
50 million + 20 million + 80 million + 100 million = X
250 million = X
Therefore, the GDP is $ 250 million.
Question 9 of 10
A group of Congress members is contacted by members
of a committee who would like to submit a bill for a floor
debate. The group reviews the bill as well as the current
schedule of debates. After the review, the group decides
that the bill is not important enough to justify a debate.
The group refuses to schedule a debate, killing the bill.
Which congressional group is most likely described in the passage?
OA. The House Ways and Means Committee
OB. The House Rules Committee
OC. A conference committee
OD. The Committee of the whole
The House Rules Committee congressional group is most likely described in the passage. Thus, option B is correct.
What is congressional?Committees keep an eye on ongoing public administration, spot problems that warrant legislative scrutiny, collect and assess data, and suggest steps to take to Congress.
Every member of the Senate of Congress is a part of the body's subcommittee of its entirety. Every time the House decides to establish this committee, a particular issue needs to be discussed. Once the panel has finished its work, it no longer exists. In this case, the group's assignment was to analyze the bill and the argument timetable.
Therefore, option B is correct.
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What is the required rate of return on a common stock that is expected to pay a $0.75 annual dividend next year if dividends are expected to grow at 2 percent annually and the current stock price is $8.59 ? 8.91% 10.73% 8.73% 11.38%
The required rate of return on the common stock is approximately 10.73%. This is calculated using the Gordon Growth Model, which takes into account the expected dividend, dividend growth rate, and current stock price. Given an annual dividend of $0.75 expected next year, a dividend growth rate of 2% per year, and a current stock price of $8.59, the formula is applied to determine the required rate of return. The result indicates that investors would expect a return of approximately 10.73% to justify their investment in the stock, based on the projected dividend and its growth rate.
To calculate the required rate of return on a common stock using the Gordon Growth Model, the formula is:
Required Rate of Return (k) = (Dividend / Current Stock Price) + Dividend Growth Rate
Given:
Annual Dividend (D1) = $0.75
Dividend Growth Rate (g) = 2%
Current Stock Price = $8.59
Let's calculate the required rate of return (k):
k = ($0.75 / $8.59) + 0.02
k = 0.08733 + 0.02
k = 0.10733 or 10.73% (rounded to the nearest hundredth)
Therefore, the required rate of return on the common stock is approximately 10.73%.
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Will you borrow and act on the business idea of others?
Stop Killing Your Ideas. "Ideas," John Steinbeck once said, "are like rabbits. ... Most ideas don't stand a chance.
Which describes a way in which consumers most likely benefit from producers’ absolute advantage?.
Producers' absolute advantage allows for them to produce goods more efficiently and at lower costs than their competitors. When a producer has an absolute advantage in producing a good, they can create a higher quantity of the good at a lower cost.
This ultimately allows them to sell their products at a lower price than their competitors, making their goods more affordable for consumers.Consumers benefit from producers' absolute advantage as it allows them to purchase the goods they need and want at a lower price. Lower prices result in an increase in demand for the goods and more accessibility for consumers, which can stimulate the economy. In addition, producers who have an absolute advantage may also produce goods of higher quality than their competitors, providing additional benefits to consumers.Therefore, consumers most likely benefit from producers' absolute advantage by gaining access to quality goods at lower prices.
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Consumers benefit from producers' absolute advantage through more cost-efficient and varied goods. This is a result of more efficient production and specialization in what each country is best at producing.
Explanation:Consumers most likely benefit from producers' absolute advantage in a few ways. Firstly, absolute advantage leads to efficient production which means goods can be produced at a lower cost. This allows producers to sell goods at a competitive price, benefiting consumers with affordable products. Secondly, absolute advantage can result in a wider variety of goods as countries focus on what they're best at producing.
For example, if Country A has an absolute advantage in producing wine and Country B in producing cheese, both countries can concentrate on their specialty. They can then trade, leading to a more varied and cost-efficient market for consumers.
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In beer game (supply chain),
what is not realistic, looking from distributor perspective ?
From a distributor's perspective, one aspect of the beer game (supply chain simulation) that may not be realistic is the extreme variability and amplification of demand fluctuations.
In the beer game, the demand orders placed by the retailers are often exaggerated and fluctuate greatly, leading to bullwhip effect. The bullwhip effect refers to the phenomenon where small changes in customer demand result in larger and more erratic fluctuations in demand orders as they move up the supply chain.
In reality, while demand fluctuations do occur, they are typically not as extreme and unpredictable as portrayed in the beer game. In a real supply chain, demand patterns are usually smoother and more stable, allowing distributors to forecast and plan their inventory levels more effectively. The exaggerated demand fluctuations in the beer game may not accurately reflect the typical dynamics and challenges faced by distributors in real-world supply chains.
Additionally, the beer game simplifies the supply chain by only considering one product and a single layer of distributors. In reality, supply chains can be much more complex, involving multiple products, various layers of distributors, suppliers, and retailers, each with their own unique challenges and dynamics. The beer game's simplified representation may not fully capture the intricacies and complexities of a real-world distributor's perspective in managing a complex supply chain.
It's worth noting that the beer game is primarily designed as a learning tool to illustrate the challenges of supply chain coordination and the bullwhip effect, rather than providing a precise representation of real-world dynamics.
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-- a method of stocking items in which parts are placed in any space that is empty when they arrive at the storeroom or warehouse. this method uses less space but is more dependent on inventory tracking software. -- the systems used to manage business processes within a storage or distribution facility, including receiving, putaway, picking, shipping, and inventory cycle counts.
The first method you are referring to is known as random stocking.
While it does use less space, it requires the use of inventory tracking software to keep track of where each item is located within the warehouse. This method can be beneficial for businesses that have a large number of small items and a limited amount of space.
The second term you mentioned is inventory tracking software, which is used in many different industries to manage inventory levels and locations. Within a storage or distribution facility, this software can help manage the various processes involved in moving goods from one location to another, including receiving, putaway, picking, shipping, and inventory cycle counts.
By using this software, businesses can improve their inventory accuracy, reduce the risk of stockouts, and ultimately increase their efficiency and profitability.
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which republicans voted for debt ceiling
Answer:
John Barrasso of Wyoming, Roy Blunt of Missouri, Susan Collins of Maine, John Cornyn of Texas, Mitch McConnell of Kentucky, Shelley Moore Capito of West Virginia, Lisa Murkowski of Alaska, Rob Portman of Ohio, Mike Rounds of South Dakota, Richard Shelby of Alabama, and John Thune of South Dakota.
lakeland chemical manufactures a product called zing. direct materials are added at the beginning of the process, and conversion activity occurs uniformly throughout production. the beginning work-in-process inventory is 80% complete with respect to conversion; the ending work-in-process inventory is 20% complete. the following data pertain to may: unitswork in process, may 1 16,000 units started during may 65,000 units completed and transferred out 73,000 work in process, may 31 8,000 total direct materials conversion costscosts: work in process, may 1$46,250 $18,500 $27,750 costs incurred during may 237,630 74,000 163,630 totals$283,880 $92,500 $191,380 using the weighted-average method of process costing, the cost of goods completed and transferred during may is closest to
The cost of goods completed and transferred out during May using the weighted-average method of process costing is approximately $508,810. To calculate the cost of goods completed and transferred out during May using the weighted-average method of process costing, we need to calculate the equivalent units of production and allocate the costs accordingly.
First, let's calculate the equivalent units of production:
Equivalent units of direct materials:
Beginning WIP inventory units * (100% - completion) + Units started and completed during May * 100% = 16,000 units * (100% - 80%) + 65,000 units * 100% = 16,000 units * 20% + 65,000 units = 3,200 + 65,000 = 68,200 units
Equivalent units of conversion costs:
Beginning WIP inventory units * (100% - completion) + Units started and completed during May * 100% = 16,000 units * (100% - 80%) + 65,000 units * 100% = 16,000 units * 20% + 65,000 units = 3,200 + 65,000 = 68,200 units
Now, let's allocate the costs:
Cost per equivalent unit of direct materials:
Total direct materials costs / Total equivalent units of direct materials = $283,880 / 68,200 units = $4.16 per unit
Cost per equivalent unit of conversion costs:
Total conversion costs / Total equivalent units of conversion costs = $191,380 / 68,200 units = $2.81 per unit
Finally, let's calculate the cost of goods completed and transferred out:
Cost of goods completed and transferred out during May:
Units completed and transferred out during May * (Cost per equivalent unit of direct materials + Cost per equivalent unit of conversion costs)
= 73,000 units * ($4.16 + $2.81)
= 73,000 units * $6.97
= $508,810
Therefore, the cost of goods completed and transferred out during May using the weighted-average method of process costing is closest to $508,810.
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What are two major advantages and two major disadvantages of having unions in the United
States? Explain each advantage or disadvantage.
Answer:
two major advantages of unions:
1. we get more items from different countries
2. Unions promote higher wages and better benefits
two major disadvantages:
1. Labor unions discourage individuality
2. Unions can drive up costs as well as making it harder to promote and terminate workers.
Given the following project network, baseline, and status information, develop status reports for periods 2, 4, 6, 8 and and complete the performance indexes table. Calculate the EACf and the VACf.
To develop status reports for periods 2, 4, 6, and 8 and complete the performance indexes table, you need to calculate the schedule performance index (SPI), cost performance index (CPI), estimate at completion (EACf), and variance at completion (VACf) for each period.
Follow these steps to calculate the required values and complete the table:
1. For each period (2, 4, 6, and 8), determine the planned value (PV), earned value (EV), and actual cost (AC).
2. Calculate the schedule performance index (SPI) for each period using the formula: SPI = EV / PV. This shows how efficiently the project is progressing concerning the schedule.
3. Calculate the cost performance index (CPI) for each period using the formula: CPI = EV / AC. This shows how efficiently the project is utilizing its budget.
4. To calculate the estimate at completion (EACf), use the formula: EACf = BAC / CPI, where BAC is the budget at completion. This gives an estimate of the total cost of the project based on current performance.
5. Calculate the variance at completion (VACf) using the formula: VACf = BAC - EACf. This shows the difference between the original budget and the new estimated cost.
Once you have calculated these values for each period, you can develop the status reports and complete the performance indexes table accordingly.
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Microeconomics is the study of the behavior of individuals and companies and the choices they make in the economy
Answer:
Microeconomics studies the decisions of individuals and firms to allocate resources of production, exchange, and consumption. Microeconomics deals with prices and production in single markets and the interaction between different markets but leaves the study of economy-wide aggregates to macroeconomics
the 10 strategic operations management decisions include: group of answer choices layout strategy. process and capacity design. managing quality. all of the above. maintenance.
The 10 strategic operations management decisions include layout strategy, process and capacity design and maintenance.
What are the 10 strategic operations management decisions?
The 10 strategic operations management decisions are:
1) Design of goods and services.
2) Quality management.
3) Process and capacity design.
4) Location.
5) Layout strategy
6) Human resources and job design.
7) Supply chain management.
8) Inventory management.
9) Scheduling.
10) Maintenance.
All of the above are strategic operations management decisions that organizations must make in order to effectively manage their operations and achieve their business goals.
To solve the problem:
The 10 strategic operations management decisions are:
Design of goods and services: This decision involves determining the type and variety of goods and services that the organization will offer to its customers.
Quality management: This decision involves determining the level of quality that the organization will strive to achieve in its goods and services.
Process and capacity design: This decision involves determining the most efficient and effective way to produce goods and services, including the layout of the production facilities and the type of equipment and machinery that will be used.
Location: This decision involves determining the most suitable location for the organization's production facilities, taking into consideration factors such as access to raw materials, labor availability, and transportation costs.
Layout strategy: This decision involves determining the most efficient and effective layout of the organization's production facilities, including the arrangement of equipment and machinery, and the flow of materials and products.
Human resources and job design: This decision involves determining the skills and knowledge required for each job in the organization, as well as the most effective way to organize and motivate the workforce.
Supply chain management: This decision involves determining the most efficient and effective way to acquire and manage the materials and components needed for production.
Inventory management: This decision involves determining the optimal level of inventory to maintain, in order to balance the cost of holding inventory with the risk of running out of stock.
Scheduling: This decision involves determining the most efficient and effective way to schedule the production of goods and services, including the allocation of resources and the coordination of activities.
Maintenance: This decision involves determining the most effective and cost-efficient way to maintain and repair the organization's equipment and facilities.
All of the above are strategic operations management decisions that organizations must make in order to effectively manage their operations and achieve their business goals.
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How do you earn money from investing in bonds?
Answer:
hold those bonds until their maturity date and collect interest payments on them or sell them at a price that's higher than what you payed initially
Explanation:
Fill in the blank. the foundation of good performance management is ____________and choosing the best method(s) for measuring it.
The foundation of good performance management is the identification of what is important and choosing the bestmethod(s) for measuring it.
Performance management refers to the processes and systems established to monitor and measure an employee's productivity, progress, and overall contribution to a company. It is a continuous process of setting objectives, assessing progress, and providing feedback and support to improve the performance of individuals and teams.According to experts, the foundation of good performance management is the identification of what is important and choosing the best method(s) for measuring it.
This means that an organization should determine the critical success factors (CSFs) that are necessary for achieving its goals and then measure how well employees are doing in those areas.To establish the foundation of good performance management, an organization should perform the following tasks:a. . Identify the critical success factors (CSFs) that are necessary for achieving its goals.b . Determine the key performance indicators (KPIs) that are most relevant to those CSFs.c. Establish a method for measuring performance against the KPIs.d. Regularly monitor and assess employee performance against the established KPIs.e. Provide feedback and support to employees to improve their performance.In summary, the foundation of good performance management is the identification of what is important and choosing the best method(s) for measuring it. By following this approach, an organization can ensure that its employees are focused on the critical success factors necessary for achieving its goals.
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the federal reserve manages the money supply, a responsibility also known as
The responsibility of managing the money supply by the Federal Reserve is also known as monetary policy.
Explanation: Monetary policy refers to the actions and strategies employed by the central bank, in the case of the United States, the Federal Reserve, to control and manage the money supply and interest rates in the economy. The Federal Reserve uses various tools, such as open market operations, reserve requirements, and discount rates, to influence the availability of money and credit, thereby affecting interest rates and ultimately influencing economic activity. By adjusting the money supply, the Federal Reserve aims to achieve its dual mandate of promoting price stability and maximizing employment, playing a critical role in shaping the overall economic conditions of a country.
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What is gross pay?
when the cost of living rises
salary before taxes
salary after taxes
legal payment for work completed
The management of company B believes that money is the only way to motivate employees. Do u agree.justify ur answer?pls
Answer:
There are actually two answers to this question its a Yes and a No
Explanation:
The reason is some employees are realistic enough to be encourage by words WHILE some others believed to be encouraged by money but from my POV I think no
Darin was promoted, but it meant leaving the bustling city life he loved and moving to a different state in a quiet part of the country. It would also mean that his wife will have to leave her present job and search for a new job. Darin's reluctance best exemplifies the:
A. avoid-avoid inner conflict.B. approach-avoid inner conflict.C. approach-approach inner conflict.D. irrational belief system.
Reluctance is the unwillingness or hesitation to perform or do some task. His reluctance best exemplifies avoid-avoid inner conflict.
What is conflict?Conflict is a feeling or idea of disagreement and dispute on some serious matter with someone. It can be solved to avoid further brawls.
He wants to avoid the inner conflicts he is going through because of his new posting the wife will be affected and this tension can lead to some tension between them.
Therefore, option A. avoid-avoid inner conflict best exemplifies the situation.
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The biggest advantage of business blogs is that they?
The biggest advantage of business blogs is that they provide a platform for companies to connect with their audience and establish themselves as thought leaders in their industry.
Increased visibility: Business blogs allow companies to create and share valuable content that can be easily found by search engines. This helps in improving the visibility of the company's website and attracting more organic traffic. Building brand authority: By regularly publishing informative and relevant content, businesses can establish themselves as experts in their field. This helps in building trust and credibility among their audience, leading to increased brand authority. Engaging with the audience: Blogs provide an opportunity for companies to interact with their audience through comments and social media sharing. This engagement helps in building a loyal community of followers who are more likely to become customers or advocates for the brand.
Driving website traffic: Business blogs can serve as a gateway to the company's website. By including relevant links within the blog posts, companies can drive traffic to other pages of their website, such as product pages or landing pages. Generating leads and sales: By offering valuable content and providing a call-to-action, business blogs can generate leads and contribute to the overall sales process. This can be achieved by offering downloadable resources, promoting products or services, or capturing email addresses for further marketing. In summary, the biggest advantage of business blogs is their ability to increase visibility, build brand authority, engage with the audience, drive website traffic, and generate leads and sales.
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The owner of a mansion with extensive landscaped grounds installed a life-size marble statue of his late mother affixed to a granite pedestal on the premises. The statue, a fixture, was specially commissioned by the owner from a well-known sculptor. Several years later, the owner entered into a contract to sell the mansion and its grounds. The contract made no mention of the statue. Prior to closing, the buyer learned that the owner planned to remove the statue before delivering the deed to the property. The buyer has objected, arguing that the statue must stay on the premises. Can the owner remove the statue
Answer:
I'm really not sure why the buyer would want to keep the statue of the seller's dead mother in the premise, it sounds creepy, but he/she entitled to do so. The statue is probably considered a fixture of the house, mansion or premise however you want to call it. When someone sells a property, he/she must include all the fixtures, e.g. doors, windows, pool. A fixture is something that is physically attached to the property.
If the seller plans to remove some fixture, e.g. an expensive lamp in the living room, he/she must state so before closing the deal and the buyer must accept it (generally it would be included in the contract).
flexible spending accounts allow you to contribute ______ dollars to an account managed by your employer. quizle
Flexible Spending Accounts allow employees to contribute pretax dollars to an account managed by their employer. So, the correct answer is pretax.
A Flexible Spending Account (FSA) is a benefit offered by employers that allows employees to contribute a portion of their pre-tax earnings to an account managed by the employer. The primary purpose of an FSA is to help employees save money on taxes by reducing their taxable income. By contributing pre-tax dollars to the account, employees effectively lower their overall taxable income, resulting in potential tax savings.
The funds in the FSA can be used to cover eligible expenses, such as medical and dental costs, prescription medications, and dependent care expenses. It's important to note that FSAs usually have a maximum contribution limit determined by the employer or regulatory guidelines. Any unused funds in the FSA may be forfeited at the end of the plan year or carried over to the next year, depending on the employer's policy or the use of a grace period or rollover provision.
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