The table below shows the demand for wheat in a market where there are just three buyers. Refer to the above table. If 37 units of wheat are purchased ina compeetititve market, then the market price for wheat is: a) $4. b) $6. c) $3. d) $5.
Answers
Therefore, the market price for wheat is $4. So the correct answer is option a) $4.
To determine the market price for wheat, we need to find the corresponding price at which a total of 37 units of wheat are purchased in the market.
Looking at the table, we can see that at a price of $4, Buyer 1 demands 12 units, Buyer 2 demands 10 units, and Buyer 3 demands 15 units, which adds up to a total of 37 units. Therefore, the market price for wheat is $4.
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Related Questions
heathcote corporation is a manufacturer that uses job-order costing. the company closes out any overapplied or underapplied overhead to cost of goods sold at the end of the year. the company has supplied the following data for the just completed year: estimated total manufacturing overhead at the beginning of the year $ 546,000 estimated direct labor-hours at the beginning of the year 42,000 direct labor-hours results of operations: actual direct labor-hours 47,000 direct labor-hours manufacturing overhead: indirect labor cost $ 152,000 other manufacturing overhead costs incurred $ 454,000 cost of goods manufactured $ 1,569,000 cost of goods sold (unadjusted) $ 1,458,000 the total amount of manufacturing overhead applied to production is: multiple choice
Answers
The total amount of manufacturing overhead applied to production is $655,800.
The total amount of manufacturing overhead applied to production is $655,800.How to calculate the total amount of manufacturing overhead applied to production?
To calculate the total amount of manufacturing overhead applied to production, first, calculate the predetermined overhead rate.
Use the formula below: P.O.R. = Estimated Total Manufacturing Overhead Cost ÷ Estimated Total Amount of the Allocation BaseP.O.R. = $546,000 ÷ 42,000 hoursP.O.R. = $13 per hour once you have the P.O.R.,
calculate the total manufacturing overhead applied to production. Use the formula below: Total Manufacturing Overhead Applied = P.O.R. × Actual Amount of the Allocation BaseTotal Manufacturing Overhead Applied = $13 × 47,000 hoursTotal Manufacturing Overhead Applied = $611,000Now, we need to close the overapplied or underapplied overhead.
The formula for overapplied or underapplied overhead is: Overapplied or Underapplied Overhead = Actual Overhead – Applied OverheadOverapplied or Underapplied Overhead = $606,000 – $611,000Overapplied or Underapplied Overhead = – $5,000
Since the actual overhead cost is less than the overhead applied, the overhead is overapplied by $5,000.The company closes out any overapplied or underapplied overhead to the cost of goods sold at the end of the year. Therefore, we need to adjust the cost of goods sold. The adjustment would be:$1,458,000 + $5,000 = $1,463,000
Therefore, the total amount of manufacturing overhead applied to production is $655,800.
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fiscal policy refers to the idea that aggregate demand is affected by changes in
Answers
Fiscal policy refers to the idea that aggregate demand is affected by changes in Government spending and taxes.
What is fiscal policy?Fiscal Policy refers to government policy of using tax and spending to meet economic goals.
Here, a government adjusts its spending levels and tax rates to monitor and influence a nation's economy.
Hence, Fiscal policy refers to the idea that aggregate demand is affected by changes in Government spending and taxes.
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2. Sally's favorite department store is offering an incredible deal this week on their store
credit card. The deal states that if she spends $100, she gets $50 off her first bill. She
does have some money saved up to spend in her checking account. This store is also
having one of their biggest sales of the year. Should she open up a department store credit
card? What additional information would be important to know to make a more informed
decision?
Answers
Yes Sally has to open the the department store credit.
The additional information that Sally would have to know in order to make the informed decision would be:
The rate of interestThe durability of cardWhat is meant by store credit?When a client returns items that cannot be swapped, a business typically offers a shop credit. When a customer returns an item that is not qualified for a refund, the retailer will provide the customer a shop credit. It can be used to purchase additional items in the store.
A more limited form of reimbursement is store credit. The customer is given credit for the value of the returned good or service to be used on future purchases from the same company. Though it doesn't have to be done one-to-one, this is comparable to a goods exchange.
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true or false: marketers must be aware that their own cultures affect how they perceive other cultures.
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True. Marketers must be aware that their own cultures affect how they perceive other cultures.
Cultural background and experiences play a significant role in shaping an individual's perceptions, values, beliefs, and behaviors. When marketers operate in a multicultural context, it is crucial for them to recognize that their own cultural lens can influence their understanding and interpretation of other cultures.
Here are a few reasons why this is important:
Cultural bias: Marketers may have inherent biases based on their own cultural upbringing, norms, and values. These biases can influence how they perceive and understand different cultural groups. Recognizing these biases allows marketers to approach other cultures with an open mind and avoid making assumptions or generalizations.
Communication and messaging: Different cultures have diverse communication styles, symbols, and meanings attached to certain words or gestures. Marketers need to be aware of these cultural nuances to ensure their messages are accurately interpreted and resonate with their target audiences.
Cultural values and preferences: Consumer behaviors, preferences, and purchasing decisions are strongly influenced by cultural factors. Marketers must recognize that their own cultural background may differ from the target market they are trying to reach. Understanding the cultural values, traditions, and preferences of the target market is essential for effective marketing strategies.
Avoiding cultural insensitivity: Marketers must be sensitive to cultural differences and avoid cultural insensitivity or misunderstandings. Failure to acknowledge and respect cultural diversity can lead to marketing campaigns that are offensive, inappropriate, or ineffective.
By acknowledging that their own cultures shape their perceptions, marketers can engage in cross-cultural understanding, research, and adaptation. They can then develop marketing strategies that are more culturally sensitive, inclusive, and effective in reaching diverse audiences.
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Hello guys I'm Filipino
Answers
Answer: Nice, today is my birthday :D
Explanation:
I’m mexican :)
Answer:
hlo iam a proud nepali
you filipino
What is the interest earned in a savings account after 12 months on the balance of $1000 if the interest rate is 1% APY compounded yearly
Answers
The the interest earned in a savings account after 12 months on a balance of $1000, with a 1% APY compounded yearly, is $10.
How to calculate the interest earned in a savings accountUsing the formula for compound interest:
A = P(1 + r/n)^(n*t)
Given:
P = $1000
r = 0.01 (1% in decimal form)
n = 1 (compounded yearly)
t = 1 year
Substituting the values into the formula:
A = 1000(1 + 0.01/1)^(1*1)
A = 1000(1.01)^1
A = 1000(1.01)
A = 1010
The final amount after 12 months is $1010.
To find the interest earned, we subtract the initial balance from the final amount:
Interest earned = A - P
Interest earned = $1010 - $1000
Interest earned = $10
Therefore, the interest earned in a savings account after 12 months on a balance of $1000, with a 1% APY compounded yearly, is $10.
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True or False: You may contribute as much of your earnings as you choose to your employer-sponsored retirement plan
each year.
a) True
b) False
Answers
Answer:
Its false
Explanation:
because when I clicked true I got it wrong.
It is not true that we may contribute as much of our earnings as we choose to our employer-sponsored retirement plan each year. The correct option is b.
What is an employer-sponsored retirement plan?An employer-sponsored plan refers to a type of benefit plan offered to employees at no or relatively low cost. These plans, such as a 401(k) or HSA, cover an array of services including retirement savings and healthcare. Employees who enrol in such programs capitalize on the benefit of receiving discounted services.
On the other hand, employers offering these plans typically benefit from tax breaks. Also, sponsoring benefits is seen as a way to recruit and retain valuable employees. Sponsorship does not mean that an employer contributes funds to the plans, though they may match certain employee contributions.
In order to attract and retain workers as well as receive tax breaks and other incentives employers install these benefit plans.
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Question 9 of 10
Amy is interested in fashion. She is a talented public speaker and enjoys
traveling abroad. Which career path might be right for her?
A. Marketing representative for an international clothing designer
B. Sales representative for a local furniture store
C. Art director for an interior design company
D. Marketing manager for a local clothing retailer
SUBMIT
Answers
Answer:
A
Explanation:
since shes a talented public speaker and enjoys travelling (A) would be a good fit
Marketing representative for an international clothing designer.
Thus, the correct option is A.
Who is a Marketing representative?Advertising, promotions, and other strategies are used by marketing professionals to shape public perception of a company's goods and draw in new clients.
By directly engaging customers on the ground, a field marketing person is in charge of raising brand recognition. Field marketers serve as a bridge between buyers and sellers by giving consumers useful information about goods and services.
Several of the typical sales and marketing goals include: Boost the sale of goods or services. Increase brand recognition. Increase a business's market share.
It goes without saying that marketing is not for everyone because it is a very difficult career option. That does not preclude it from being your ideal profession, though. In addition to being one of the sectors with the highest growth, marketing offers a wide range of specializations.
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Why is it so hard to find essentials during times of crisis?
Answers
Answer:
because they are in high demand because so many other people want them
Explain why energy, fertilizer, pesticides, and seeds are all upstream inputs provided in agribusiness.
Answers
Answer:
They are upstream inputs because they are needed for production
Explanation:
Upstream inputs are those inputs that are needed for the production of goods and services, for example: raw materials, or energy. This is in opposition to downstream inputs, which are those needed for the selling and distribution of goods and services, like a truck.
Energy, fertilizers, pesticides, and seeds are all upstream inputs because they are raw materials used to obtain agricultural goods from the soil.
How are logical operators used?
To identify and correct errors
O To make decisions
O To determine a problem
O To create a plan
Answers
Answer:
To identify and correct errors
Explanation:
Chloe enjoys her math classes, and she would like to find a career that will allow her to continue to use her math skills. Which career would be a good fit for her? O A. accountant O B. purchasing agent O C. commercial carpenter OD. human resources manager Reset Next
Answers
Answer:
A. accountant
Explanation:
The accountant has a very significant role in running a business. He or she keeps a precise record of money flow in the company. The accountant function is mainly mathematical as it involves the accurate collection, recording, analysis, and financial presentation of the organization’s business operations.
Business or financial transaction records have a lot of numerical. Prices, sales volumes, discounts, repayments period are all presented in numbers. An accountant will always be calculating. If Chloe enjoys math, she will like working as an accountant as the role depends on math.
The answer is: A. accountant
The main duty of an accountant is to prepares the financial information of an individual or an organisation. In order to do this, you need a really good command of math skills since all the information regarding the assets , liability, and capital of the individuals/organization is recorded in a numerical value.
Do anybody live in Las Vegas
Answers
21.) a u.s. company has the following choices of financial markets in which to raise capital. which one will it most often prefer?a) foreign bond b) foreign bankc) a new issue of common stockd) domestic banks
Answers
When a U.S. company wants to raise capital, it will most often prefer to issue a new common stock domestically. This is because issuing a new common stock domestically offers several advantages.
Firstly, it allows the company to access a large pool of potential investors within the domestic market.
Secondly, it provides the company with an opportunity to build a strong shareholder base within its home country. Additionally, issuing common stock domestically can increase the company's visibility and reputation within its domestic market.
On the other hand, options such as foreign bonds and foreign banks involve raising capital from international sources, which may introduce additional complexities such as currency exchange rates and foreign regulations.
Domestic banks may also be an option, but they may have stricter lending requirements and may not provide the same long-term financing benefits as issuing common stock.
In conclusion, a new issue of common stock domestically is often the preferred choice for a U.S. company to raise capital. I hope this helps! Let me know if you have any further questions.
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What is talent management?
ОА.
a strategic plan to coordinate the corporate strategy with the human resources functions
OB. a system that offers an apprenticeship for college graduates
Ос.
a strategic plan for attracting, developing, and retaining human capital
OD.
a method of hiring key management positions from the host country
Answers
Answer:
OC.
Explanation:
What are some ways that you've seen department stores,online stores , online stores,or social media ads try to activate the amygdala and encourage you to buy products
Answers
I can provide some examples of how retailers and advertisers try to activate the amygdala and encourage consumers to make purchases.
One way is through the use of persuasive language that creates a sense of urgency or scarcity. Retailers may use phrases such as "limited time only" or "while supplies last" to create a sense of urgency, while online stores may use pop-ups or banners to display how many items are left in stock.
Another way is through the use of social proof, such as customer reviews or celebrity endorsements, to create a sense of popularity and desirability around a product. This can activate the amygdala by making consumers feel like they are missing out on something if they don't also make a purchase.
Additionally, personalization and targeted advertising can create excitement and anticipation for a product, while emotional messaging or imagery can create a positive association between the product and a particular feeling or lifestyle, such as happiness or luxury. These tactics can all activate the amygdala and encourage consumers to make an emotional connection with the product and ultimately make a purchase.
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Why are natural monopolies allowed to exist?
Answers
Natural monopolies are allowed when a single company can supply a product or service at a lower cost than any potential competitor, and at a volume that can service an entire market. ... Since it's economically sensible to have utilities operate as natural monopolies, governments allow them to exist.
After 160 customer reviews for the hotel, 65% were Excellent
e. How many reviews of the 160 were Excellent?
Answers
Answer: 104 reviews
Explanation:
Number of customers reviews = 160
Percentage of customer reviews that were excellent= 65%
.
Number of customer reviews that were excellent will be:
= 65% × 160
= 65/100 × 160
= 0.65 × 160
= 104
104 reviews were excellent.
What is from utility
Answers
Explanation:
Refers to how well a product or service meets the customer's needs
A set of strategies and activities that influences how we conduct business, the clothes we wear, where we live, and how we spend our money and time is a definition of:
Answers
Answer:
Marketing
Explanation:
This is exactly what you do in marketing.
In some cases, governments use trade and investment policies to keep foreign companies out of their countries. What is the purpose of such policies?
A.
to improve living standards
B.
to preserve historic sites
C.
to improve its educational standards
D.
to pursue technological innovation
E.
to protect domestic industries
Answers
Answer: I think it is A
Explanation:
Which "behind the scenes" image shows what happens when you create an invoice? Answer: A. O Checking Other Income 100 100 B. Accounts Receivable Other Income 100 100 c. Other Income Accounts Receivable 1on 1on 1 1 B. В Accounts Receivable Other Income 100 100 c. 0 Other Income Accounts Receivable 100 100 D. Accounts Payable Interest Expense 100 100 Question 11: Which "behind the scenes" images show what happens when you receive inventory? Answer: A. O Cost of Goods Sold Accounts Payable 100 100 B. Inventory Asset Accounts Payable 100 100 C. o Accounts Receivable Cost of Goods Sold 100 100 vau VCWL LAPELISE ALLUUits rayavic 100 100 C. Accounts Receivable Bad Debt Expense 100 100 D. o Checking Bad Debt Expense 100 100
Answers
The correct answer is B. Accounts Receivable Other Income 100 100.
When you create an invoice, it typically involves recording the transaction in the accounting system. The account involved in this process is Accounts Receivable, which represents the amount owed to the company by the customer for goods or services provided.
The entry for creating an invoice would include debiting Accounts Receivable for the amount of the invoice and crediting the corresponding revenue account, which in this case is Other Income. This entry reflects the increase in the company's receivables and the recognition of revenue from the sale of goods or services.Option B, "Accounts Receivable Other Income 100 100," accurately represents the behind-the-scenes journal entry for creating an invoice, with 100 being a placeholder for the actual amounts involved in the transaction.
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A person has fee simple ownership of a unit in a multi-story building. She is also required to pay property taxes on that unit. Which type of common interest ownership could the owner have?
Answers
Answer: 3. condo ownership
Explanation:
A condominium is similar to an apartment/ flat meaning that it is an individual unit in a multi-story building that has other apartments in it as well. A condo unlike an apartment however, can be sold to individual owners.
The buyers of these condos will have a fee simple ownership interest in the condo meaning that they have full ownership and so will pay taxes on it.
You are a part-time worker at a small neighborhood grocery store. You've been working in the store for only a few days, but already you know you like the job and your employer. It's close to your home, so it's very convenient. However, you're worried about security because you often work alone. There is a security camera, but it doesn't look like it's working. Posters and flyers completely fill the windows, making it impossible to see in or out. And the streetlights outside the store aren't very bright. You decide to talk about your concerns with the store owner.
Answers
Answer:
Despite liking the job due to the comfort and convenience which it offers, the security challenge is not something to wish off. I would engage with the store owner to see in which ways which he could improve the security of the store.
For example, changing the security camera, and removing the posters and flyers which fills the windows could be a great way to start. Also, with time, he could consider hiring a security guard who could be stationed in front of the store for few hours work in the night. this would guaranteed extra layer of security.
Explanation:
which microbes is used to extract ethanol from fruit juice and sugar molasses ·
Answers
Answer:
Yeast
Explanation:
A microbe (microorganism) is a microscopic organism which either exist in its single-celled form or as colony of cells. Example of microbes are bacteria, archaea, algae, protozoa.
Yeast is a microbe used in the extraction of ethanol from fruit juices and sugar molasses. Saccharomyces cerevisiae is a specie of yeast which reacts with fruit juices and sugar molasses in the absence of Oxygen to produce ethanol and carbon dioxide.
How can the news media help protect consumers?
A. By investigating and exposing bad products and business practices
B. By issuing a recall on an unsafe product
C. By helping consumers organize boycotts
D. By giving consumers advice on how to make a personal budget
the answer was A.
Answers
A. The news media can help protect consumers by investigating and exposing bad products and business practices.
Through in-depth investigative journalism, they can uncover fraudulent or deceptive practices, faulty products, and unethical behavior by businesses. By reporting on these issues, the media can inform consumers and raise awareness about potential risks or scams. This information empowers consumers to make informed decisions, avoid harmful products, and hold companies accountable for their actions. The news media can protect consumers by investigating and exposing bad products and business practices, as well as by issuing recalls on unsafe products. By providing accurate and timely information, the media empowers consumers to make informed decisions, avoid potential harm, and hold companies accountable.
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give short introduction about tourism industry
Answers
Answer:
Tourism industry is the industry that manages all the resources related to the tourism like hotel management, guides and many more. Tourism industry is very beneficial for the developing countries like Nepal, India and many more. Through it there will be economic development in the country. And from the economical development the citizens of the country can get facilities.
Answer:
Explanation: Tourism is the activities of people traveling to and staying in places outside their usual environment for leisure, business or other purposes for not more than one consecutive year.1.Domestic Tourism -Domestic tourism is the act of travelling for business or leisure within one’s home country2.International tourism-International tourisminvolves tourist who are traveling to different countries.
question 6: what is the present value of a security that will pay $29,000 in 20 years if securities of equal risk pay 5% annually?
Answers
You need to put $10,929 into an investment now if you anticipate collecting $29,000 (FV) from it in 20 years and you need a 5% yearly return (PV).
Demonstrate how to use the time value of money formula to calculate the result, or demonstrate the inputs on a financial calculator, or demonstrate how to do it in Excel.
PV is equal to FV/(1+ i)n
=29000/(1+0.5)20
=$10,929.80.
In both public and private markets, securities are fungible, tradeable financial instruments used to raise capital. The three main categories of securities are: equity, which gives holders ownership rights; debt, which is effectively a loan returned with recurring payments; and hybrids, which include features of both debt and equity.
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Assume that bank reserves are equal to $2,000, and the required reserve ratio is changed from 10 percent to 20 percent. Banks make as many loans as they can. What is the upper limit of the money supply when the required reserve ratio is increased
Answers
The upper limit of the money supply when the required reserve ratio is increased from 10 percent to 20 percent is $2,000 (reserves) + $2,000 (loans) = $4,000.
When the required reserve ratio is increased from 10 percent to 20 percent, it means that banks are required to hold a higher proportion of deposits as reserves and can lend out less money.
Assuming that banks make as many loans as they can, the upper limit of the money supply can be calculated as follows:
Initial Required Reserves: 10% of deposits = 0.10 x (total deposits) = 0.10 x (reserves + loans)
Reserves = $2,000
Therefore, Loans = (Total Deposits - Reserves) = (1 - 0.10) x (Reserves + Loans) = 0.9 x ($2,000 + Loans) = $1,800 + 0.9Loans
New Required Reserves: 20% of deposits = 0.20 x (total deposits) = 0.20 x (reserves + loans)
Reserves = $2,000
Therefore, Loans = (Total Deposits - Reserves) = (1 - 0.20) x (Reserves + Loans) = 0.8 x ($2,000 + Loans) = $1,600 + 0.8Loans
Since banks make as many loans as they can, the upper limit of the money supply occurs when there are no excess reserves in the banking system. Therefore, the upper limit of the money supply can be calculated by equating the amount of loans in both cases:
$1,800 + 0.9Loans = $1,600 + 0.8Loans
0.1Loans = $200
Loans = $2,000
Therefore, the upper limit of the money supply when the required reserve ratio is increased from 10 percent to 20 percent is $2,000 (reserves) + $2,000 (loans) = $4,000.
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1) Using the case to respond, assess three reasons why several international companies are recruiting (woo-ing) their executives from "Third Country Nationals" TCN’s
Answers
There are several reasons why international companies are recruiting Third Country Nationals (TCNs) for executive positions including cost-effectiveness, cultural knowledge and language proficiency
Cost effectiveness: Often, TCN's are willing to work for lower salaries than their counterparts in the home or host country. This can save the company a significant amount of money in terms of labor costs.Cultural knowledge: TCN's often have a deep understanding of the culture and customs of the host country, which can be invaluable for an international company. This can help the company navigate cultural differences and avoid potential pitfalls.Language proficiency: Many TCN's are multilingual, which can be a huge asset for an international company. Being able to communicate effectively with employees, customers, and other stakeholders in multiple languages is crucial for the success of a global business.Learn more about International companies:
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