Unit 4 DB: Willingness to Pay Read and consider the "Willingness to Pay" example in Section 7-1 (Chapter 7 Section 1). Everyone shops for things they need for themselves and for gifts for others. Imagine you are taking an online class and you are looking to buy a new computer because your old one died. Class starts in two days. The market for computers is very competitive. There are several brands that have similar characteristics such as storage capacity, processor speed, number of USB ports, etc. but you have owned one that you liked and you want to buy that same brand, the X-Mark You have a budget of $1,000. One popular store has the brand you like on sale for $850 because other stores are selling them for that price. You have a friend at that store who tells you that the store paid $700 for that computer Please evaluate and explain the willingness to pay, consumer surplus, demand, producer surplus, cost and willingness to sell of this transaction. Define these terms in your explanation, not as separate definitions. Incorporate the meaning into your narrative so that you write a convincing story Comment on the initial posts of at least two of your classmates. Your comments should support or challenge what they write with some level of detail to make this a discussion" Go to Settings to activate Windows
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The scenario that has been presented is that a person wants to buy a new computer because their old one died, and they have a budget of $1,000. They have owned an X-Mark brand computer in the past, and they want to purchase it again.
The following is an explanation of the terms related to this transaction:-
Willingness to Pay (WTP): The amount that a consumer is willing to pay for a good or service is referred to as willingness to pay. In the given scenario, the customer is willing to pay $1,000 for a new computer.
Consumer Surplus: The difference between the price a customer is willing to pay and the price they actually pay is known as consumer surplus. It is the value a customer receives from the product or service above and beyond what they paid for it. In the present scenario, the customer's consumer surplus is $150 (i.e., $1,000 - $850).
Demand: In economics, demand refers to the amount of a product or service that customers are willing and able to purchase at a certain price level. In the given scenario, the demand for X-Mark brand computers is high since the customer is willing to buy it even if it's not on sale.
Producer Surplus: The difference between the amount a producer receives for a product and the amount they would be willing to accept for it is referred to as producer surplus. In this scenario, the producer surplus is $150 (i.e., $850 - $700).
Cost: The cost is the amount that a producer spends on producing goods or services. In the given scenario, the cost of the computer is $700.
Willingness to Sell (WTS): The amount that a producer is willing to sell a product for is referred to as willingness to sell. In the present scenario, the willingness to sell for the producer is $850.
It is not possible to comment on the initial posts of other classmates without knowing what they have written.
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Related Questions
The market demand is the: a. sum of all individual demand curves and supplies in a market. b. vertical sum of all individual demand curves. c. horizontal sum of all individual demand curves in a market. d. horizontal sum of all individual prices in a market.
Answers
A market is largely known as an institution that brings buyers and sellers in one place. The market demand is the horizontal sum of all individual demand curves in a market.
What is the market demand curve?This is referred to one that has the horizontal sum of individual demand curves.
The demand curve is one that depicts the relationship between price and quantity demanded.
The market demand is known to be the sum of all of the individual buyer's demand curve.
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My question got removed but can someone please help me with what the PESTEL anylasis for covergirl is. Please only real answers no links:)
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Answer:
through this PESTLE Analysis for L’Oreal, the cosmetics and skincare giant, you now have an idea of where the brand currently stands in terms of business.
A brand as prestigious as L’Oreal, with such a rich history behind it, truly is inspiring especially because they managed to lead the market for over 100 years. It really boggles your mind to think they’ve made a century.
The brand although in no way is under even the slightest suspicion of extinction, they still have to work on correcting a few wrongs, the most important of which is completely eliminating animal testing. That will never be brushed under the rug. They also need to be very cautious of the contributing people in their supply chain so as to eliminate all sorts of slavery. They should develop a concrete policy on their use of toxins as well.
You will never be able to view a company in a full 360-degree perspective until you focus on understanding the various macro-economic factors that affect it. These factors play a very big role in shaping up the company’s overall performance. A PEST Analysis will help you not only in the identification but a thorough explanation of all of these factors
PESTLE is simply an acronym for political, economic, socio-cultural, technological, legal, and environmental analysis, which helps one in understanding where a company stands in depth.
You are more than welcome to visit our website if you wish to teach yourself how to work on a PEST analysis. We have all the detail you would need for comprehending the entire process. In fact, for those of you who wish to put their knowledge to practice, we even have the perfect PESTLE Analysis template for you to make things faster.
Suppose an industry has 8 firms. The top four firms have market share of 15% each and rest of the firms have market share of 10%. This industry is classified as (based on Four-firms’ concentration ratio) __________
A) Oligopoly
B) Monopoly
C) Monopolistic Competition
D) Pure Competition
Answers
Based on the given information, the industry can be classified as an oligopoly.
Oligopoly is a market structure characterized by a small number of large firms dominating the industry. In this case, there are 8 firms in total, with the top four firms each having a market share of 15%. The fact that a small number of firms hold a significant market share indicates a concentrated market with substantial market power held by these leading firms.
In contrast, a monopoly refers to a market structure with only one dominant firm that has exclusive control over the industry. Monopolistic competition is a market structure characterized by many firms competing with differentiated products. Pure competition, also known as perfect competition, involves a large number of small firms producing homogeneous products.
Since the given industry has a small number of large firms with significant market shares, it aligns with the characteristics of an oligopoly. Therefore, the correct answer is A) Oligopoly.
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under perfect competition, the efficient level of output is produced because a. government regulates the output level that must be produced. b. firms can earn an economic profit in the long run. c. firms earn only a normal profit in the long run. d. price equals marginal cost.
Answers
Under perfect competition, the efficient level of output is produced because d. price equals marginal cost.
Why does the efficient level of output occur under perfect competition?In perfect competition, the efficient level of output is produced when price equals marginal cost. This condition ensures that resources are allocated in the most efficient manner and maximizes overall social welfare.
When price equals marginal cost, it means that the cost of producing an additional unit of output is equal to the price at which the product is sold. This equilibrium condition signals that firms are producing the optimal quantity of goods and services to satisfy consumer demand while minimizing production costs.
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Under perfect competition, the efficient level of output is produced because price equals marginal cost. Option D is correct
The concept of perfect competitionPrice is determined by the interaction of market forces, specifically the forces of supply and demand, in a market with perfect competition.
Every company in the market is a price taker, which means they have no control over the price and are forced to accept the going rate. When the market price and the marginal cost of production are identical, the output is at its most efficient level.
At this level, enterprises are producing goods and services in a way that optimizes social welfare while resources are allocated optimally. There is an incentive to expand output when the price is higher than the marginal cost, whereas there is an incentive to decrease production when the price is lower than the marginal cost. under order to produce at the level where the price matches the marginal cost under perfect competition to achieve efficiency.
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Can some people give me free adopt me pets? Just put in your user and I'll add u
Answers
Answer:
U can have my fly ride neon unicorn
Explanation:
When an organization buys raw materials that are reprocessed and sold as finished goods, or if it buys a good it will then sell, then it is considered to be?.
Answers
When an organization purchases raw materials that are processed and then sold as completed items, or if it purchases a product that it will sell, it is regarded as an organizational buyer.
An organization is a group of people who work together cooperatively. Some examples are a business, neighborhood group, nonprofit organization, or union. The word "organization" can be used to refer to a team, a business, or a project's development process.
Individuals who represent a business are known as organizational buyers. These purchasers often take into account both their preferences as well as the likely preferences of the clients to whom the organizational buyer's business will sell while making purchases.
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martys anual salary is 56,000 as a computer aided designer if the state tax rate is 4% what does he pay yearly in a state taxes
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Marty's annual salary is $56,000 as a computer aided designer. If the state tax rate is 4%, Marty pays $2,240 in state taxes yearly.
What is salary?
An employment contract may include a salary clause as a type of recurring payment from an employer to an employee. In contrast, piece wages are paid separately for each job, hour, or other unit rather than on a regular schedule. Salary can also be seen from the perspective of operating a corporation as the expense of obtaining and keeping employees to carry out operations; this is known as a personnel expense or salary expense. Payroll accounts are used in accounting to record salaries. A salary is a set sum of money or other remuneration that a company gives to an employee in exchange for work completed. Salary is frequently paid at predetermined periods, such as monthly instalments equal to one-twelfth of the annual salary.
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Which statement is an example of inflation?
Answers
Answer:
The price level of many things you buy increases over time.
Explanation:
The question itself was a bit confusing, like there was going to be options, but i did what i could with what i was given, and found you a good example. I hope this helps! Great to be of service to you! ⚔
Sarro Shipping currently earns $1 million per year and pays out all its earnings. This is expected to last forever. There are 100,000 shares outstanding. There is a potential marketing campaign that would require $1 million of investment at the end of period 1 that will generate $210,000/period in the future. R=10%. What would be the stock price with/without the commitment towards this investment?
Answers
The stock price would be $100 per share without the marketing campaign investment and $111 per share with the investment commitment.
To calculate the stock price, we need to use the dividend discount model. This model calculates the present value of future dividends, which we can use to estimate the stock price.
Without the marketing campaign investment, the current earnings of Sarro Shipping of $1 million would be distributed among the 100,000 shares outstanding. This gives us a dividend per share of $10 ($1,000,000 / 100,000). Using the dividend discount model, we can calculate the stock price as follows:
Stock price = Dividend per share / (Discount rate - Dividend growth rate)
Since Sarro Shipping is paying out all of its earnings, the dividend growth rate is zero. The discount rate is given as 10%, so we can calculate the stock price as:
Stock price = $10 / (0.10 - 0) = $100 per share
Now, if the company invests $1 million in a marketing campaign, it will generate an additional $210,000 per period. This will increase the company's earnings to $1.21 million ($1 million + $210,000).
However, this will require the company to retain $1 million of earnings at the end of period 1 for the investment. So, the dividend per share will be reduced to $11.10 ($1,210,000 / 100,000). Using the dividend discount model again, we can calculate the stock price as follows:
Stock price = Dividend per share / (Discount rate - Dividend growth rate)
Stock price = $11.10 / (0.10 - 0) = $111 per share
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Influence of oppurtunity cost on decision makers(economic agents).i dont understand this topic can somebody help me? Thank you
Answers
Hi. An explanation of your question is typed below. Take your time to read and understand it. I will make it as simple as possible.
Explanation:
Opportunity cost can be defined as the cost of an alternative forgone when choice is made. This can be simply defined as the cost of something that is left undone as when a choice is made between 2 things to do.
An example is having to choose between going for a vacation or buy a PS5. When yo decide to go for the vacation, the opportunity cost is the PS5. That means you would rather go on a vacation that get a PS5. This can be due to a number of reasons but more often than not, money is usually the factor for making decisions.
That is the money you have at hand decides what you do with it. If you feel you vacation will not be as expensive as getting a PS5, this makes getting the PS5 delayed till the vacation is out of the way.
Other determinants of decision making thta transcends/goes beyond money includes; energy loss, time loss, etc.
These factors alongside money help to determine the opportunity cost.
I trust that you have an idea now about opportunity cost and how decision makers affects it. Cheers.
Discuss within your group to choose one national currency.
Answers
Within our group, we have discussed and chosen the national currency of the Indian rupee (INR). Here are the reasons for selecting the rupee as our chosen currency:
1. Economic Significance: The Indian rupee is the official currency of India, which is one of the fastest-growing major economies in the world. India has a robust and diverse economy with a large consumer market, significant foreign direct investment, and a thriving service sector.
2. Stability and International Recognition: The Indian rupee has demonstrated relative stability compared to some other emerging market currencies. It is recognized internationally, widely accepted for trade and investment activities, and has established foreign exchange markets.
3. Government and Central Bank Support: The Reserve Bank of India (RBI) acts as the central bank of the country and is responsible for formulating and implementing monetary policies. The RBI has a track record of managing the currency effectively and maintaining stability in the foreign exchange market.
4. Market Liquidity: The Indian rupee benefits from a liquid foreign exchange market, facilitating ease of currency conversion and transactions. This liquidity is crucial for businesses engaging in international trade, investments, and hedging activities.
5. Global Influence: India has a significant presence in various sectors such as information technology, pharmaceuticals, manufacturing, and services. The rupee's prominence is driven by India's growing influence in global trade and investments.
6. Potential for Growth: India's large and diverse population, along with its ongoing economic reforms and infrastructure development, presents ample opportunities for growth and investment. The rupee's value and stability can positively impact investors and businesses operating in the Indian market.
Considering these factors, we believe that choosing the Indian rupee as our national currency aligns well with our focus on economic potential, stability, and market opportunities.
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The marginal physical product of labor is Group of answer choices the slope of the total output curve at the relevant point. the negative of the slope of the total output curve at the relevant point. the slope of the line connecting the origin with the relevant point on the total output curve. the negative of the slope of the line connecting the origin with the relevant point on the total output curve.
Answers
Answer:
The slope of the total output curve at the relevant point.
Explanation:
A marginal physical product can be defined as the extra output which is being generated by using an extra input. This ultimately implies that, marginal physical product of labor refers to the change in the level of output that is generated from using an additional unit of labor.
Mathematically, marginal physical product of labor is given by the formula;
Marginal physical product of labor = ΔY/ΔL
Where, ΔY is the change in total physical output.
ΔL is the change in labor.
In the short run, when the number of workers are increased it would result in a diminishing marginal product with respect to the law of diminishing marginal returns.
The marginal physical product of labor is the slope of the total output curve at the relevant point.
For instance, if brainly producing 50 answers decides to employ one more tutor and is then able to produce 55 answers, the marginal physical product of labor is simply 5.
why is ""economic freedom"" essential to the attainment of the other broad social/economic goals?
Answers
Economic freedom refers to the ability of individuals and businesses to make economic decisions without interference from the government or other outside forces. This concept is considered essential to the attainment of other broad social and economic goals because it provides the framework for market forces to operate efficiently and encourages economic growth.
Economic freedom creates a competitive environment in which businesses must constantly innovate and improve their products and services in order to meet the demands of consumers. This, in turn, leads to increased productivity and economic growth, which creates jobs and raises living standards. Additionally, economic freedom promotes individual initiative and entrepreneurship, encouraging people to start their own businesses and drive innovation.
Furthermore, economic freedom allows for the efficient allocation of resources. In a free market system, the prices of goods and services are determined by supply and demand, rather than by government intervention. This leads to a more efficient allocation of resources, as prices signal to producers what goods and services are in high demand and need to be produced more of, and what goods and services are in low demand and need to be produced less of.
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an aviation company learns it may be the target of a hostile takeover. the company decides to allow stockholders to buy more shares of stock at prices lower than the current market value. this technique is referred to as a
Answers
The correct option is B. This technique is referred to as a Poison pill.
Stockholders are individuals or entities who own shares in a corporation or company, which represents ownership in that particular company. They are also referred to as shareholders or equity holders. These shares are traded in the stock market and represent a portion of the company's profits and assets.
In economics, stockholders are considered an important component of the overall structure of a corporation or company. They provide capital for the business, which allows it to operate and grow. In return, stockholders receive dividends based on the company's performance and the value of their shares in the stock market.
Stockholders also have a significant influence on the company's operations and strategic decisions. They elect the board of directors and vote on key decisions, including mergers, acquisitions, and changes to the company's bylaws.
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Complete Question:
An aviation company learns it may be the target of a hostile takeover. The company decides to allow stockholders to buy more shares of stock at prices lower than the current market value. This technique is referred to as a
A). leveraged buyout.
B). poison pill.
C). white knight.
D).tender offer.
Which one of the following statements accurately describes FICO?
A.FICO is firm that analyzes data collected by credit bureaus and generates a credit score.
B.FICO is a credit bureau.
C.FICO collects information about your financial dealings involving any sort of loan, debt, or billing.
D. FICO uses your grades and employment information to determine your creditworthiness
Answers
Answer:
c. FICO collects information about your financial dealings involving any sort of loan debt or billing.
FICO collects information about your financial dealings involving any sort of loan, debt, or billing. Thus, the correct answer is option C.
What is FICO?FICO, formerly Fair, Isaac and Company, is a data analytics business with a focus on credit scoring services that is situated in Bozeman, Montana. Its formal name is Fair Isaac Corporation. In 1956, Bill Fair and Earl Isaac started it. A standard of consumer lending in the US is the FICO score, which measures the risk of consumer credit.
A business can store a complete copy of its financial transaction data because of FICO. FICO is specifically designed to assist businesses in producing and managing financial statements for analysis and reporting as well as supporting efficient business planning and decision-making.
Therefore, FICO collects information about your financial dealings involving any sort of loan, debt, or billing.
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Sustainable restaurants Key words: restaurants, green supply chain, recycling, organic food Companies across all sectors are developing new products and processes with the aim of minimising negative environmental impacts (Schubert et al., 2010). Martens (2006) supported this statement and added that implementing sustainability practices is a highly complex process involving multiple players. Past research on restaurants focused mainly on nutrition and food safety, but after the 1990s, the concern for environmental protection and preservation gradually gained relevance (Wang, 2012). To meet this increasing demand for ‘green’ products and services, marketers throughout all industries are striving to develop and promote more eco-friendly goods (Wang, 2012). Building on Wang’s research, (De Oliveira et al., 2018) developed the idea of Green Supply Chain Management (GSCM) and emphasised the importance of supplier selection in the restaurant sector, as suppliers can contribute to or detract from sustainable management success. The notion of GSCM was further elaborated by Lahane, Kant and Shankar (2020) who introduced the idea of circular supply chain management, wherein waste is reduced, and efficiencies improved by recycling within the industry. There are many factors that determine how a certain business processes its waste and the extent it implements recycling (Negri et al., 2021). These factors include the location of the business, the type of materials being recycled as well as the availability of recycling facilities in its locality (Pirani & Arafat, 2014). Companies are recognising the marketing potential of ‘green’ initiatives and are working towards carving a new niche for themselves in the market for consumers with environmental concerns (Schubert et al., 2010). There is greater environmental awareness, observable from the increased use of eco-labels on products, as evidence of certification (Pirani & Arafat, 2014). There are many different green practices that can be executed in restaurants, including energy efficiency, water efficiency, recycling, sustainable food and pollution prevention (Namkung & Jang, 2013). Indoor air pollution is also an issue for restaurant operations, especially with regard to second-hand tobacco smoke in enclosed spaces. One study pointed out that employees in this industry face an increased risk of lung cancer due to passive exposure to smoke. A hurdle that restaurateurs face in incorporating green practices in their daily operations is that the consumers’ preferences, attitudes, perceptions of green products, and their willingness to pay for green restaurant products, remain unclear (McManus, 1996; Namkung & Jang, 2013; Schubert et al., 2019). The explosion of academic literature that discusses environmentally friendly practices within this sector is a response to the need within the industry to understand its responsibility. Wang (2012, p. 237) lists the following ways in which green practices can be utilised in the restaurant: Recycling and composting food waste help to reduce the amount of waste and improve soil. Efficient energy and water equipment that may be utilised in the kitchen, dining and restroom. Eco-friendly cleaning supplies and packaging Menu sustainability / sustainable food: This refers to a menu of organic food, grown with non-toxic pesticides and fertilisers, or a menu of locally grown food, without necessarily transporting the food long distance, with the risk of exposing the environment to air pollution from emissions from transporting machines.
You have identified the business problem in the answer to the question above. How would you now take the next step and identify the research problem that may have led to the "literature review"?
Identify and state a research problem in the correct format. (10)
Answers
The research problem revolves around understanding the influence of consumer preferences and willingness to pay for environmentally friendly products on the adoption of sustainable practices in the restaurant industry. It aims to explore the extent to which consumer behavior affects the implementation of green initiatives such as recycling, energy and water efficiency, sustainable food sourcing, and eco-friendly cleaning practices in restaurants.
By investigating consumers' attitudes, perceptions, and their willingness to pay for green products, this research problem seeks to shed light on the barriers and motivations that restaurateurs encounter in integrating sustainable practices into their operations.
Ultimately, it aims to provide insights into the relationship between consumer demand and the adoption of sustainable measures, contributing to a better understanding of the role consumers play in driving sustainability in the restaurant industry.
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Mort Silver owns a home. He estimates his expenses as mortgage interest, $10,180; property taxes, $3,690; insurance, $833; depreciation, $3,800; maintenance and repairs, $900; lost interest income, $2,375; and utilities, $2,450. He expects to save $3,700 in income taxes. What is his net cost of home ownership?
Answers
Answer:
$17,528.00
Explanation:
The net cost of home-ownership will be the expenses minus savings.
Mortgage interests: $10,180
Property taxes :$3,690
Insurance :$833
Depreciation :$800
Maintenance and repairs :$900
Loss interest income :$2,375
Utilities: $2,450
The total expenses
= $10,180 + $3,690 + $833 + $800 + $900 + $2,375 + $2,450
=$21,228
Savings
=$21,228 - $3,700
=$17,528.00
You choose to complete your homework rather than watch television so that you can earn a good grade. You made the choice with the lowest ______.
A. Opportunity cost
B. Demand
C. Scarcity
D. Benefit
Answers
Answer:
A. Opportunity cost
Explanation:
In Economics, Opportunity cost also known as the alternative forgone, can be defined as the value, profit or benefits given up by an individual or organization in order to choose or acquire something deemed significant at the time.
Simply stated, it is the cost of not enjoying the benefits, profits or value associated with the alternative forgone or best alternative choice available.
Hence, the opportunity cost of a choice is the benefits that could be derived in from another choice using the same amount of resources.
For instance, if you decide to invest resources such as money in a food business (restaurant), your opportunity cost would be the profits you could have earned if you had invest the same amount of resources in a salon business or any other business as the case may be.
In this scenario, you choose to complete your homework rather than watch television so that you can earn a good grade. Therefore, you made the choice with the lowest opportunity cost.
Answer:
Opportunity cost
Explanation:
Explain to the management of MC how they can apply the problem-solving technique identified in QUESTION 1.3.1 to solve complex business problems
Answers
Applying the critical thinking method recognized Being referred to 1.3.1 can be a significant methodology for tending to complex business issues. Here are a few stages you can take to use this procedure: are Characterize the issue , Accumulate important data, Investigate the issue, Create likely arrangements, Assess and focus on arrangements successfully
complex business issues An illustration of a perplexing issue is bringing up a kid. Each youngster is interesting. You gain from bringing up one kid, however the following kid might require an alternate methodology. With complex issues like bringing up a kid, the result is Accumulate questionable Basic issues are settled by simply keeping clear guidelines there's just a single arrangement and it's natural.
Convoluted spaces are ones where the guidelines are known and unsurprising yet the standards are critical and can't be instinctually perceived without some preparation.
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Under U.S. accounting and translation practices, use of the current rate method is termed ________ while use of the temporal method is termed ________.
Answers
10Williams-Brice Inc has outstanding bonds with par value of $1,000, a coupon rate of 8%, semi-annual coupon payments, and 20 years remaining until maturity. If the bond's market price is $1,058, what is Williams-Brice's pre-tax cost of debt? Enter your answer as an annualized rate in decimal format, and show four decimal places. For example, if your answer is 5.1%, enter .0510
Answers
Williams-Brice Inc is an organization that has remarkable bonds with par value of $1,000, a coupon rate of 8%, semi-annual coupon payments, and 20 years remaining until maturity. When the market price of the bond is $1,058, what is Williams-Brice's pre-tax cost of debt?
Williams-Brice's pre-tax cost of debt can be calculated with the help of the formula of bond yield to maturity.Bond Yield to Maturity = [(C + (F-P) /n) / (F+P) /2] * 2WhereC = Annual Coupon PaymentF = Par ValueP = Market Price of the Bondn = Number of Years to MaturityAfter substituting the given values into the formula of bond yield to maturity:
We have,C = 8% * $1,000 = $80F = $1,000P = $1,058n = 20 years / 2 = 40 periodsBond Yield to Maturity = [(80 + (1,000 - 1,058) / 40) / (1,000 + 1,058) / 2] * 2= (80 + 9.5) / 1,029 * 2= 89.5 / 1,029 * 2= 0.0865 or 8.65%Therefore, the pre-tax cost of debt of Williams-Brice Inc is 8.65%.
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What is the probability that more than 50 customers make a
purchase in a random sample of 100 customers?
a. 0.0207 b. 0.9793 c. 0.1225 d. 0,4051 e. 0.5952
Answers
The probability that more than 50 customers make a purchase in a random sample of 100 customers is 0.4048 (option d).
To determine the probability that more than 50 customers make a purchase in a random sample of 100 customers, we can use the binomial probability formula.
The binomial probability formula is given by:
P(X > k) = 1 - P(X ≤ k)
Where:
P(X > k) is the probability that the number of successes (customers making a purchase) is greater than k.
P(X ≤ k) is the cumulative probability that the number of successes is less than or equal to k.
In this case, we want to find the probability that more than 50 customers make a purchase, which means we are looking for P(X > 50). We can calculate this by subtracting the cumulative probability of 50 or fewer customers making a purchase from 1.
Using a binomial probability calculator or a statistical software, we find that P(X ≤ 50) is approximately 0.5952.
Therefore, the probability that more than 50 customers make a purchase in a random sample of 100 customers is:
P(X > 50) = 1 - P(X ≤ 50)
= 1 - 0.5952
≈ 0.4048
Among the given answer choices, the closest option is:
d) 0.4051
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Which of the following are strategies for managing people?
setting consequences
showing appreciation
setting goals
setting clear expectations
organizing your workspace
being punctual
being positive
making phone calls
Answers
Answer: Setting consequences, showing appreciation, setting goals, setting clear expectations, being positive.
Explanation:
Answer:1,2,3,4,7
Explanation:
edge 2021
The approach that pays employees higher wages than what competitors pay their employees in similar roles is called the
A) premium-wage approach.
B) free-rider effect.
C) lead-indicator approach.
D) lead-the-market approach.
E) first-mover advantage.
Answers
Option is D) lead-the-market approach. This approach involves paying employees higher wages than competitors in similar roles in order to attract and retain the best talent. It is a proactive strategy aimed at being the leader in the market in terms of compensation and benefits.
The lead-the-market approach is a common strategy used by companies to create a competitive advantage in the labor market. By offering higher wages than competitors, companies can attract and retain the best talent, which can lead to increased productivity and profitability. This approach is often used by companies in industries where there is a shortage of skilled workers, such as technology or healthcare. However, it can also be used in other industries where there is intense competition for top talent. The lead-the-market approach requires careful monitoring of industry trends and competitor wages to ensure that the company is offering a premium wage that is still competitive.
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Common resources fall into five general groupings. They include __________, Teams, Facilities, Equipment, and Supplies.
Answers
Based on the information given regarding common resources, the last option will be Personnel.
It should be noted that common resources simply refer to the resources that are useful for an organization to be able to achieve its objectives.
Common resources fall into five general groupings. They include Personnel, Teams, Facilities, Equipment, and Supplies.
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The ________ view of social responsibility is that managers today are employees with a primary responsibility to shareholders and their single focus should be on generating financial returns.
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In the classical view managers nowadays are employees with a primary duty to shareholders, and their main goal should be to produce financial returns. This is what is meant by social responsibility.
More about social responsibility:
In order to be socially responsible, a company should act in a way that benefits society as a whole as well as its shareholders. Many businesses, including those with "green" initiatives, have integrated social responsibility into their business models without sacrificing profitability.
Investors and customers which desire ventures that not only are successful but also enhance the well-being of mankind and the environment place a growing emphasis on social responsibility.
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What happens to the area of a circle if the circumference is doubled?
A. The area is 1/2 of the original circle
B. The area is the same as the original circle
C. The area is 2 times the original circle
D. The area is 4 times the original circle
E. The area is 8 times the original circle
Answers
Answer:
Option C
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Answer:
Hello There!!
Explanation:
The answer is D. The area is 4 times the original circle.
hope this helps,have a great day!!
~Pinky~
Submit your CIRAC evaluation of The Case of Kansas v. Hendricks,
521 U.S. 346 (1997) here.
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CIRAC evaluation of The Case of Kansas v. Hendricks, 521 U.S. 346 (1997)CIRAC is an acronym that stands for Conclusion, Issue, Rule, Application, and Conclusion. Here is the CIRAC evaluation of The Case of Kansas v. Hendricks, 521 U.S. 346 (1997):ConclusionThe Supreme Court of the United States held that the State of Kansas's Sexually Violent Predator Act is constitutional.
IssueThe primary issue of the case was whether the Kansas Sexually Violent Predator Act violated the Due Process Clause of the Fourteenth Amendment of the United States Constitution.RuleThe court used the following rule: To determine whether the civil commitment of a sexually violent predator violates due process, a court must examine whether the confinement is necessary for the purpose of treatment or is a "punitive detention."ApplicationThe court found that Kansas' law does not violate due process because it is a "civil commitment scheme that does not implicate the Constitution's prohibition of punishment without due process of law." The Act created a civil commitment scheme that focuses on providing care to individuals with mental health problems that predispose them to commit sexual violence. The Act provides a judicial review process to ensure that the confinement remains necessary for treatment purposes.ConclusionThe court found that Kansas' Sexually Violent Predator Act is a constitutionally permissible civil commitment scheme that provides treatment to individuals with mental health problems that predispose them to commit sexual violence.
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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
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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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Analyse how the level of government intervention varies according to the type of
economic system countries operate.
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Explanation:
in acapitalist economy, the government acts as regulatory and complementary body.