urgent.
Allocative efficiency means Select one: a. the same thing as technical efficiency. b. that all firms in a competitive industry are producing the same amounts of output. c. is concerned with producing

Caleres, Inc. reported their fiscal year 2016 financial statements on January 28, 2017. The cost of sales in 2016 was $1,517,397, which is lower than the cost of sales in 2015, which was $1,529,527.

However, their net inventories increased from $546,745 in 2015 to $585,764 in 2016. Additionally, the LIFO reserve, which is the difference between the inventory value under LIFO (Last in, first out) and under FIFO (First in, first out) method, increased from $4,094 in 2015 to $4,345 in 2016. This indicates that the company is using more of the LIFO method for inventory valuation, which could be due to rising prices. These financial statements provide important information about the company's performance and can be used to make informed decisions about investing in Caleres, Inc.

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In fiscal year 2016, Caleres, Inc. reported a cost of sales of $1,517,397 (thousand), inventories (net) of $585,764 (thousand), and a LIFO reserve of $4,345 (thousand). In comparison, in 2015, the cost of sales was $1,529,527 (thousand), inventories (net) were $546,745 (thousand), and the LIFO reserve was $4,094 (thousand).

The financial statements of Caleres, Inc. for the fiscal year 2016, dated January 28, 2017, show that the company experienced a decrease in cost of sales from $1,529,527 (thousand) in 2015 to $1,517,397 (thousand) in 2016. During the same period, the net inventories increased from $546,745 (thousand) in 2015 to $585,764 (thousand) in 2016. The LIFO reserve also saw a slight increase from $4,094 (thousand) in 2015 to $4,345 (thousand) in 2016.

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Answer:

A) 3% decrease in quantity demanded.

Explanation:

As we know that

The price elasticity of demand is

= Percentage Change in quantity demanded ÷ Percentage change in price

Since the elasticity of demand is -0.75

And, there is a price of 4%

Since, the price elasticity of demand is in negative that means the quantity demanded is decreased by 3% that comes from

= 4% × - 0.75

= -3%

Hence, the first option is correct

The reason why retailers typically use television for image advertising is that television advertising provides the opportunity to communicate through both visual images and sound.

Advertising  can be described as the marketing tactic involving paying for space to promote a product, service, or cause.

It should be noted that  actual promotional messages  are been used to reach people most likely to be willing to pay for a company's products or services  and hence  television advertising is been designed to communicate through both visual images and sound.

Therefore, the last option is correct.

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Answer:

best combination of resources to use to produce a product.

Explanation:

Capitalism also referred to as free-enterprise system or free market can be defined as a type of economy in which prices, products and services are being determined by the market rather than the government. Thus, capitalism is devoid (free) of government regulations, interference or control because the market (enterprises) are the ones who are saddled with the responsibility of determining the market forces.

Simply stated, a pure capitalism is a type of economy that is completely driven by demand and supply of goods and services.

In a society, the role of an entrepreneur is mainly focused on bringing the four (4) factors of production together and take the risks of producing output, so as to generate revenue through sales and make economic profits in the long-run.

Hence, the profit and loss system of capitalism helps entrepreneurs determine best combination of resources to use to produce a product.

The bid rent curve for land used in housing is curved due to various reasons. Firstly, the demand for housing is not uniform throughout the city, as different areas have different levels of desirability based on various factors such as accessibility, amenities, safety, and proximity to workplaces. Therefore, people are willing to pay more to live in areas that are highly desirable, and this creates a steeper gradient on the bid rent curve.

Secondly, the availability of land suitable for housing decreases as one moves closer to the city center due to increasing commercial and industrial development. Therefore, the supply of land for housing decreases, and this creates a flatter gradient on the bid rent curve. Thirdly, the cost of transportation and commuting also influences the bid rent curve. People are willing to pay more for housing in areas that are closer to their workplaces to reduce their transportation costs and time. This creates a steeper gradient on the bid rent curve for areas that are closer to employment centers. Lastly, the bid rent curve for land used in housing is also influenced by the income level of the residents. Wealthier residents are willing to pay more for housing in desirable areas with high-end amenities, while lower-income residents are more likely to choose areas with lower housing costs but may have fewer amenities.

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ERNST CONSULTING Income Statement

For Month Ended October 31 is $850

ERNST CONSULTING Income Statement

For Month Ended October 31

Revenues

Consulting fees earned $15,040

Total revenues $15,040

Expenses

Rent expense $4,530

Salaries expense $8,090

Telephone expense $880

Miscellaneous expenses $690

Total expenses $14,190

Net income $850

($15,040-$14,190)

Inconclusion ERNST CONSULTING Income Statement For Month Ended October 31 is $850

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Dillard's, as a chain of department stores that buys clothing at wholesale prices and sells them for a profit, is considered to be a middleman or intermediary in the distribution channel.

Intermediaries tend to act as a bridge between manufacturers or wholesalers and end customers. They perform various functions such as buying, selling, storing, sorting, and transporting goods to ensure that they reach the end customer in a timely and efficient manner.

In the case of Dillard's, it acts as a retailer intermediary, purchasing clothing from wholesalers and selling them to end customers in its department stores. As a retailer, Dillard's is responsible for managing its inventory, setting prices, promoting its products, and providing a convenient shopping experience for its customers.

Therefore, Dillard's is considered to be a retailer intermediary, also known as a reseller, in the distribution channel.

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Answer:

Allocated MOH= $261

Explanation:

Giving the following information:

Predetermined overhead rate= 50% of direct labor cost

To allocate overhead to Job TB0414, we need to use the following formula:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

First, we need to determine the total labor cost:

TB0414:

Direct labor hours= 14 + 15 = 29

Total direct labor cost= 29*18= $522

Now, the allocated overhead:

Allocated MOH= 522*0.5

Allocated MOH= $261

Answer:

B. evaluate the possible positive and negative effects of different economic decisions.

Explanation:

Cost-benefit analysis (CBA) is used to examine and compare the cost associated with a project or task and the benefits derived from it.

Simply stated, cost-benefit analysis is a form of utilitarianism commonly used by individuals, business firms and government in the decision-making process, as all the cost incurred are determined and analyzed.

This ultimately implies that, it may be used to determine how changes in differing levels of activities such as costs and volume affect a company's operating income and net income.

Cost-benefit analysis (CBA) sums the total cost associated with a project (activity) and compares this cost against the total benefits that would be generated. Thus, it helps in the decision-making process by comparing the net present value (NPV) of the cost of a particular project with the net present value (NPV) of its benefits.

Hence, a person performs a cost-benefit analysis in order to help him or her evaluate the possible positive and negative effects of different economic decisions with respect to an investment, project, activity, or programme.

Answer:

B. Group

Explanation:

A team could be made of many peoples who work together and considered the work to be collective. on the other side, the group is one where the work product should be considered as an individual. In this each and every employee would submitted their plans also they came up for the solution also in this they shares the same traits.

hence ,the option b is correct

The best organization to contact with complaint about dangerous product would be Consumer Product Safety Commission (CPSC) in United States.

Consumer products are tangible goods or services that are sold directly to end-users for personal, household or family use. These products range from everyday items like groceries, clothing, and personal care products to luxury items like electronics, jewelry, and designer fashion. They can also include household appliances, furniture, and tools. Consumer products are typically marketed and sold through retail channels like supermarkets, department stores, online marketplaces, and specialty shops. They are usually designed to appeal to a specific target market, and their quality, features, and pricing can vary widely depending on the needs and preferences of the intended consumer. The consumer product industry is highly competitive, and companies must constantly innovate and adapt to changing consumer tastes and preferences in order to remain successful.

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Answer:

That setting isn't available on edmentum. You can't how you performed on each question, but you can see your final score and the number of questions you got correct and missed.

That would definitely be a great feature if they added it.

Explanation:

Answer:

Yea I tried to but sadly they don't have that as an option

Explanation:

Answer:

it will be harder to stop drugs and illegal weapons from coming into the US due to the fact that there would be no checks and if there was it would be easier to scope out the people with and without identification

Answer:

Budgetary slack occurs when a manager submits a budget that is too easy to attain.

Explanation:

Hope that helps!

Both a questionnaire and an inventory are examples of surveys. Simple to-answer questions are included in the questionnaire. These inquiries are made in an effort to obtain information, and they frequently concern particular topics.

Thus, Option E is correct.

A questionnaire's objective is to gather data from respondents regarding their attitudes, experiences, and opinions. Questionnaires are frequently utilized in social and health sciences and market research. In order to increase customer satisfaction and profitability, our inventory assessments evaluate strategies, inventory management systems, processes, and procedures for developing new goods and managing inventory.

A questionnaire's objective is to collect information from a target audience. It will contain closed-ended and open-ended questions or a mix of the two.

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Answer:

Inflation can cause difficulty in many ways. Which group would have the greatest problem during periods of high inflation that last several years? Older, working couples saving for retirement. Older people living on fixed retirement income.

Answer:

D.what type of financial aid you are seeking

Answer:

Explanation:

Remember, the application of STEM implies using the knowledge found in the field of science, technology, engineering, and mathematics to carry out projects.

Since the focus is on learning technology concepts, the most likely, that is, the project that is closest to technology is investigating search engine criteria to improve search results.

The answer is:

focus on the influence of early childhood experiences and social interactions on personality development.

Personality development refers to the lifelong process through which individuals acquire and shape their unique patterns of thoughts, emotions, and behaviors. It involves a complex interplay of genetic factors, environmental influences, and personal experiences. During early childhood, social interactions and experiences play a crucial role in shaping personality traits, such as extraversion or introversion, agreeableness, and conscientiousness. These early experiences can shape a person's self-concept, interpersonal skills, and coping mechanisms. As individuals mature, their personalities continue to evolve through ongoing interactions, learning, and adaptation to various life situations. Personality development is a dynamic process influenced by a multitude of factors, including genetics, culture, family dynamics, education, and life experiences.

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Answer:

B. A corporation needs help with cash management for its large

staff.

Explanation:

Business banking can be defined as the financial services such as business loans, cash management, lines of credit, trade finance, savings and checking accounts, tax planning, and securities trading provided by a commercial bank to business entities, corporations or companies.

This ultimately implies that, a business bank is only focused on providing financial services to corporations rather than individuals.

Hence, the problem which would be best addressed by a business bank is, a corporation that needs help with cash management for its large

staff.

In a nutshell, a business bank is saddled with the responsibility of meeting the financial needs of corporations found in different sectors such as agriculture, engineering, medical, trade, oil and gas etc.

Answer: B

Explanation:

The line item that appears in a contribution margin income statement is C) gross profit.

The contribution margin income statement separates costs into two categories: variable costs and fixed costs. The gross profit represents the difference between sales revenue and variable costs, specifically the cost of goods sold (COGS). It is calculated by deducting the variable costs from the sales revenue.

The contribution margin income statement focuses on the contribution margin, which is the amount remaining after subtracting variable costs. It helps analyze the profitability of individual products or services.

By separating variable costs from fixed costs, the contribution margin provides valuable insights into the company's ability to cover its fixed costs and generate a profit.

While A) operating income, B) total cost of goods sold, and D) total selling & administrative expenses are important components of a traditional income statement, they are not typically included in a contribution margin income statement.

The contribution margin income statement primarily emphasizes the contribution margin and its contribution to covering fixed costs and generating profit.

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It is false that bakers are much more likely to supply pastries to the market if property rights are enforced. Bakers are much more likely to supply pastries to the market if property rights are not enforced.

Property rights specify who legally and formally owns resources and how they may be used. These resources might be physical or intangible, and they can be owned by people, companies, or governments. 

Private property rights, or the rights of private persons to amass, keep, delegate, rent, or sell their property, are typically exercised by individuals in various nations, including the United States. 

The allocation of property rights in a community has an impact on the effectiveness of resource usage since in economics, property rights serve as the foundation for all market transactions. Individuals or small groups of people typically own property.

The use of patents and copyrights to protect the following can expand the rights of property ownership.

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Answer:

Increase interest rates

Explanation:

The higher the interest rates that consumers have to pay may dissuade them from borrowing.

At the beginning of this year, the company has a $1,000,000 investment opportunity with the following characteristics: sales$ 1,100,000 contribution margin ratio 40% of sales, fixed expenses$ 363,000 if the company pursues the investment opportunity and otherwise performs the same as last year, the combined ROI for the entire company will be closest to

7.7%.

To calculate the combined Return on Investment (ROI) for the entire company, we need to consider the investment opportunity and its impact on the company's financial performance.

First, let's calculate the contribution margin for the investment opportunity:

Sales: $1,100,000

Contribution Margin Ratio: 40% of sales

Contribution Margin = Sales x Contribution Margin Ratio

Contribution Margin = $1,100,000 x 0.40

Contribution Margin = $440,000

Next, we need to subtract the fixed expenses from the contribution margin to determine the net profit:

Net Profit = Contribution Margin - Fixed Expenses

Net Profit = $440,000 - $363,000

Net Profit = $77,000

To calculate the ROI, we divide the net profit by the initial investment:

ROI = Net Profit / Initial Investment

ROI = $77,000 / $1,000,000

ROI = 0.077

The ROI for the investment opportunity is 0.077 or 7.7%.

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22.46 is the  money did she spend on the beef for the spaghetti. Hence, option B is correct.

Although it is usually used to describe an Italian dish of noodles with sauce, spaghetti can also be used as slang to describe an embarrassing act, general awkwardness, or faux pas. When this occurs, it is referred to as "dropping" spaghetti.

Spaghetti is a traditional Italian pasta. It is made of durum wheat semolina and is long and round in cross-section, like a string hence the name, as spago means string. Although commercial varieties are widely used, artisanal versions are widely available.

While it's unclear who or when coined the term "spaghetti code," it was being used to describe a tangled mess of code lacking structure by the late 1970s. In the 1980s, the term appeared at least once in a whitepaper.

Thus, option B is correct.

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Answer:

In this article, we'll give you eighteen tips for coming up with a great business name.

Use acronyms.

Create mash-ups.

Get inspiration from mythology and literature.

Use foreign words.

Use your own name.

Take a look at a map.

Mix things up.

Partner with another company.

Answer:

try to make it catchy, but relevant to your subject. its easy to remember, not hard to spell, and remember it doesn't have to really really cool, as long as it makes sense, and is easy to remember

Explanation:

The benefit of giving the client the choice to receive specialized services is something that the Contract warehouse offers.

A written or verbal agreement between two or more parties that results in a legal obligation is referred to as a contract.

A contract's terms are legally binding and have specific consequences and remedies in the event that they are broken. A breach of contract occurs when any clauses of the agreement are not carried out without a valid justification.

When an offer, negotiation, and acceptance are made by two or more parties, a contract is formed.

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Answer:

they help the market respond to changing prices and consumer preferences.

Explanation:

Entrepreneurs are themselves an important ‘factor of production’ and an essential aspect of a functioning free market economy. Importance of entrepreneurs Free market evolution. Entrepreneurs are important in a free market because they help the market respond to changing prices and consumer preferences.

The correct option is C. An existing customer must be notified about SIPC and where SIPC can be contacted on each statement.

SIPC stands for Securities Investor Protection Corporation, which is a nonprofit membership corporation funded primarily by its member securities broker-dealers.

It was established in 1970 to safeguard investor assets during periods of financial distress. SIPC, unlike the Federal Deposit Insurance Corporation (FDIC), is not a government agency.

The primary function of SIPC is to work with brokers-dealers to return customers' securities and cash that may be missing as a result of a member broker-dealer's failure. SIPC provides coverage of up to $500,000 per customer, with a $250,000 cap on cash claims.

Customers must be informed of the Securities Investor Protection Corporation (SIPC) and where SIPC may be contacted in the event of a broker-dealer's failure. The Securities Investor Protection Act of 1970 necessitates the provision of this information.

Customers will be advised of SIPC coverage if they request it in writing. Each statement must include a notice indicating that SIPC coverage is available.

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