Which of the following are forms of competitions. a. Monopoly
and Pure competition b. Oligopoly and Entry c. Monopolistic
competition and monopoly d. Oligopoly and pure competition e. All
of the above
Answers
e. All of the above. All the options listed represent forms of competition in different market structures.
Monopoly is a term used to describe a market structure in which there is only one seller or producer of a good and there are no close substitutes. The monopolist may regulate prices and output thanks to the absence of competition.
On the other hand, a market structure that is characterized by a high number of sellers and buyers, homogeneous products, and ease of entry and departure is known as pure competition. Individual buyers or sellers have little control over market pricing in a market where there is only competition.
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Suppose the government places a $10 excise tax on buyers of computers. Assume this market has a typical downward-sloping demand curve and upward-sloping supply curves. What will happen to the price of computers? A) Rise by $10 B) Buyers of computers will bear the entire burden of the tax C) Rise by less than $10 d) Rise by more than $10 E) Sellers of computers will bear the entire burden of the tax
Answers
The price of computers will rise by less than $10 (Option C).
When an excise tax is imposed on buyers, it affects the demand and supply dynamics in the market. The tax increases the cost of purchasing computers for buyers, leading to a decrease in quantity demanded. However, the extent of the price increase depends on the relative elasticities of demand and supply.
In this case, the market has a typical downward-sloping demand curve and upward-sloping supply curves. When the tax is imposed, the demand curve will shift downward by the amount of the tax, representing the increase in price for buyers. The price of computers will rise, but the increase will be less than the full amount of the tax.
The reason the price increase is less than $10 is due to the incidence of the tax being shared between buyers and sellers. Both buyers and sellers are affected by the tax, but the burden is divided based on the relative price elasticities. If the demand curve is relatively more elastic than the supply curve, buyers will bear a smaller portion of the tax burden, resulting in a smaller increase in price. Conversely, if the supply curve is relatively more elastic than the demand curve, sellers will bear a larger portion of the tax burden, leading to a larger price increase.
Therefore, the price of computers will rise by less than $10, as both buyers and sellers share the burden of the tax. The actual price increase will depend on the specific elasticities of demand and supply in the market.
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Identify the correct pricing strategy. Incorporating _______ pricing strategy drives customers to pay a higher price for a valuable product. Businesses use market research, surveys, and analysis to convince customers to buy products that provide _______ for money.
Answers
Answer:
Price skimming
value for money
Explanation:
Price skimming is the pricing strategy in which businesses charge higher prices for the product initially and then start to reduce the price. The customers pay the high price charged for the product because of unique features of the product. Customers find the product value for money and so they are satisfied with the high prices.
Following a systematic approach is useful during which step of the seven-step decision-making model?
gathering information and data
identifying the decision to be made
identifying options
developing a plan of action
Answers
Answer:
developing a plan of action
Explanation:
Internal controls to safeguard assets means the company must safeguard assets against all EXCEPT:
A.
waste.
B.
audits.
C.
inefficiency.
D.
fraud.
Answers
Internal controls are measures implemented by a company to protect its assets and ensure the accuracy and reliability of financial information. These controls aim to prevent and detect risks and irregularities
Among the options given, audits are not a risk or threat that needs to be safeguarded against but rather a tool used to assess the effectiveness of internal controls.waste, refers to the inefficient or unnecessary use of company resources. Internal controls help prevent and identify instances of waste, ensuring that assets are used efficiently inefficiency, relates to the ineffective use of resources, processes, or systems. Internal controls help identify and address inefficiencies, promoting effective and optimal use of assets.fraud, is a significant risk that companies must safeguard against. Internal controls play a crucial role in preventing and detecting fraudulent activities, such as misappropriation of assets, financial statement fraud, or corruption. Therefore, the answer is B. Audits do not need to be safeguarded against as they serve as an evaluation tool for assessing the effectiveness of internal controls rather than a risk to assets.
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5. The table lists gross domestic product (GDP), consumption (C), gross private domestic investment (I), government spending (G), and net exports (X – M). Compute each as a percent of GDP for the six years presented.
Year GDP X-M | C (96) | 1 (%) | G (96) . M (90) 118.2 151.5 5.6 1965 1975 1985 1995 2005 2015 719.1 1638.3 1034.4 230.2 357.7 4220.3 2720.3 736.2 879 7397.74975.8 1144 12455.8 8742.4 2057.42372.8 18,128.2 12,429.0 3,019.2 |3,206.5-526.5 443.8 115.2 1369.2 91.4 716.7
a. Which category (or categories) has increased as a percent of GDP from 1965 to 2015? Which category (or categories) has decreased? And which category (or categories) has not changed much from 1965 to 2015?
b. Which category has been the most volatile in terms of changes in the percent of GDP?
c. Ignoring net exports, which component has grown the fastest as a percent of GDP since 1965?
Answers
From 1965 to 2015, gross domestic product (GDP) increased significantly. However, there were some changes in the proportion of each component in GDP.
a. Consumption has increased as a percent of GDP from 1965 to 2015. Gross private domestic investment has also increased over the same period but with some fluctuations. Government spending has remained relatively constant over the years. Net exports, on the other hand, has decreased as a percent of GDP.
b. Net exports have been the most volatile in terms of changes in the percent of GDP.
c. Gross private domestic investment has grown the fastest as a percent of GDP since 1965, increasing from 5.6% in 1965 to 13.7% in 2015.
Consumption has also increased but at a slower pace, from 96% in 1965 to 72% in 2015. Government spending has remained relatively constant, increasing from 11.5% in 1965 to 21.4% in 2015.
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What is the total savings in purchasing thirty 13-cent lollipops for a class party at a reduced rate of $1. 38 per dozen?
Answers
the total savings in purchasing thirty 13-cent lollipops at a reduced rate of $1.38 per dozen is 36 cents.
To calculate the total savings in purchasing thirty 13-cent lollipops at a reduced rate of $1.38 per dozen, we need to compare the original cost with the discounted cost.
First, let's determine the original cost of purchasing thirty 13-cent lollipops. Since each lollipop costs 13 cents, the total cost for thirty lollipops would be 30 multiplied by 13 cents, which is $3.90.
Next, let's calculate the discounted cost. The reduced rate is $1.38 per dozen. Since a dozen is equal to 12, we can divide 30 by 12 to determine how many dozens we have. In this case, we have two dozens (24 lollipops) with six additional lollipops.
For the two dozens, the cost would be 2 multiplied by $1.38, which equals $2.76. To find the cost of the remaining six lollipops, we multiply 6 by 13 cents, which is 78 cents. Therefore, the total discounted cost is $2.76 plus 78 cents, which is $3.54.
To find the total savings, we subtract the discounted cost from the original cost. In this case, $3.90 minus $3.54 equals 36 cents.
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how can formal business documnets help managers solve problems
Answers
Managers can fix problems by providing clear, precise information about them.
Who is the managers?A manager is someone who is in charge of managing or monitoring the business. He or she is an acting leader who helps set objectives and allocate responsibilities. He or she also exemplifies specific leadership traits that support the efficient running of the business.
The manager will be assisted in evaluating the situation and providing complete information by the formal business document.
They will be better able to handle the problem as a result. In addition, these documents will give them the precise information that the manager would need.
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Halp! I need an answer right away
Thank you
Answers
Answer:
see below
Explanation:
Revenue is the money a business receives by engaging in its normal trading activities. It is the money paid to the business for selling goods or services to clients. For a business to be profitable, its revenues must exceed expenses.
If the business owner has revenue of $2000 and is finding it difficult to stay in business, it means the expenses are almost or more than $2000. Revenue, as stated, is generated from sales. Expenses refer to the costs incurred in generating revenue. They include the cost of materials, rent, wages, and all other business-related expenses.
When the expenses are more than revenue, the business suffers losses. This business owner is probably incurring losses; that's why they have a challenge in staying open.
Huang Inc. issued 100 bonds with a face value of $1,000 and a 5-year term at $960 each. The journal entry to record this transaction includes ________. Group of answer choices a credit to cash for $96,000 a debit to Bonds Payable for $100,000 a debit to Discount on Bonds Payable for $4,000 a credit to Discount on Bonds Payable for $4,000
Answers
Debit Bonds Payable for $100,000: This entry reflects the company's liability for the bonds issued, which is equal to the face value of the bonds. The amount is calculated by multiplying the number of bonds (100) by the face value of each bond ($1,000).
Credit Cash for $96,000: This entry represents the amount of cash received from the issuance of the bonds. The amount is calculated by multiplying the number of bonds (100) by the price at which each bond was sold ($960).
Debit Discount on Bonds Payable for $4,000: This entry accounts for the difference between the face value of the bonds and the price at which they were sold. In this case, since the bonds were sold at a discount, the company needs to record this discount as a contra-liability account. The discount amount is calculated by subtracting the cash received from the bonds' face value: ($1,000 - $960) x 100 = $4,000.
Credit Discount on Bonds Payable for $4,000: This entry offsets the debit to the Discount on Bonds Payable account. By recording an equal and opposite credit amount, the company properly accounts for the discount on the bonds issued.Therefore, the main answer is: the journal entry to record this transaction includes a debit to Bonds Payable for $100,000, a credit to Cash for $96,000, a debit to Discount on Bonds Payable for $4,000, and a credit to Discount on Bonds Payable for $4,000.
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What are prenuptial contracts? jared and erika are getting married, but jared has children from a previous marriage. they decide to sign a that will provide for children from a previous relationship. jared also makes a to his will that gives erika his home.
Answers
An example of prenuptial contracts is when Jared and erika are getting married, but signed an agreement.
What is a prenuptial agreement?A prenuptial agreement serves as a written contract that is been entered by two people before they are married. A prenup
Therefore, prenuptial agreement involves the both parties to come together and shared their past and agree
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Answer:
1 - prenuptial agreement
2 - codicil
Jared and Erika are getting married, but Jared has children from a previous marriage. They decide to sign a prenuptial agreement that will provide for children from a previous relationship. Jared also makes a codicil to his will that gives Erika his home.
Explanation:
I got it right on the test.
Which of the following is not a life role category?
O Risk Taker
O Worker
O Family Member
O Learner
Answers
Risk Taker is not a life role category.
A life role is a set of expectations, behaviors and attitudes that a society assigns to a person based on their gender, age, social status, race or other factors. For example, in many cultures women are expected to be loving, nurturing and care-givers, while men are expected to be strong, provider-types.
Life roles help to define how we see ourselves and how we are seen by others. They can be a source of satisfaction and fulfilment, but they can also be a source of stress and frustration if they do not fit with our own personal aspirations and identity.
Hence, the correct option is "First".
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What is the basis of the law of demand?
Group of answer choices
Self-interested behavior
Marginal utility
Utility curves
Market timing
Answers
market timing
Explanation:
because that way u wont miss customers
Which of the following careers is most likely to require business skills?
Answers
Answer:
1, Communication skill,Leadership skill,Analytical skill
How would you ensure products being put out onto the shop floor are of good quality?
Answers
Answer:
1.Train Employees
2.Let technology help the process to shop more efficient and better at quality control
3.Upgrade Equipment
4...Keep Your Shop Floor Clean
Explanation:
hope this is helpful
Interest earned on a savings account is _____.
Answers
Explanation:
Interest earned on a savings account is everfi
This graph shows the relationship between the amount of two products a
company can make. This is also known as a(n):
Product A
7
3
A
VO
39
Product B
OA. opportunity cost graph.
OB. capital investment model.
OC. projected annual growth plan.
OD. production possibilities curve.
QB
65
Answers
The graph which shows the relationship between the amount of two products a company can make is also known as a production possibilities curve. The Option D is correct.
What is the use of production possibilities curve in economics?The Production Possibilities Curve (PPC) is a model that illustrates the tradeoffs involved in allocating resources between the production of two goods. Scarcity, opportunity cost, efficiency, inefficiency, economic growth, and contractions can all be illustrated using the PPC.
Because the PPF is a curve based on two variables representing resources between two goods, the data can be manipulated to see how scarcity, growth, inefficiency, efficiency, and other factors affect production.
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breilfy explain the differenc between discentionary and mandatory government spending
Answers
Answer:
The difference between discentionary and mandatory government spending is whether spending is dictated by prior law or voted on in the annual appropriations process.
Explanation:
Discentionary spending is money formally approved by the government during the appropriations process each year.
Mandatory spending is based on laws previously enacted that dictate the money budgeted for spending each year.
Discretionary government spending refers to a type of spending where the spending budget is subject to change yearly as determined by Congress, while mandatory government spending refers to the portion of the federal budget that is required by law and does not require annual congressional approval.
What is government spending?The term government spending refers to the use of public funds by a government to pay for various goods, services, and programs that are intended to benefit society.
There are basically two type types of government spending:
discretionarymandatoryFor example, spending on things like defense, education, and transportation constitutes discretionary spending as the amount to be spent each year can change based on the discretion of Congress. While spending on things like social security and medicare constitutes mandatory spending as they require no congressional approval.
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Which preamble objective is addressed by each of the big five budget categories? (A budget category may fit more than one preamble goal.)
1) Medicare/Medicaid
2) social security
3) defense
4) safety net programs
5) interest on debt
Answers
the process of evaluating long-term investment opportunities for the firm, and then determining which ones the firm should invest in is known as:
Answers
The process of evaluating long-term investment opportunities for the firm and determining which ones to invest in is known as capital budgeting.
Capital budgeting involves analyzing potential projects or investments to assess their feasibility, profitability, and alignment with the firm's strategic goals.
During capital budgeting, various techniques and criteria are used to evaluate investment opportunities. These may include net present value (NPV), internal rate of return (IRR), payback period, profitability index, and others. By applying these tools, the firm can assess the potential financial returns, risks, and benefits associated with each investment option.
Capital budgeting decisions are crucial for a company's long-term success and growth. By allocating resources to the most promising investment projects, the firm can optimize its capital structure, enhance profitability, expand its product line or market reach, improve operational efficiency, or achieve other strategic objectives.
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As an HR strategic partners, it is important that we hire for specific skills that fit the position. We should analyze pay in accordance with finance to see what monies are available for a particular position and how to we compensate properly in the beginning for experience, skills, and wisdom. What would your conversation look like with the C-Suite staff to ensure everyone is onboard with the compensation structure and how money could be saved?
Answers
The conversation with the C-Suite staff regarding the compensation structure and cost-saving measures would focus on aligning hiring decisions with specific skills, analyzing pay in accordance with available finances, and ensuring proper compensation for experience, skills, and wisdom.
In the conversation with the C-Suite staff, I would emphasize the importance of hiring for specific skills that align with the position requirements. By focusing on skill-based hiring, we can ensure that we have the right talent in place to drive the organization's success.
I would then discuss the need to analyze pay in accordance with the organization's financial resources. This would involve understanding the budget available for each position and finding the balance between attracting top talent and managing costs effectively.
To gain their support and ensure everyone is onboard, I would emphasize the importance of properly compensating employees based on their experience, skills, and wisdom. By rewarding employees fairly from the beginning, we can attract and retain top talent while fostering a culture of fairness and motivation.
Additionally, I would highlight the potential cost-saving opportunities in the compensation structure, such as exploring alternative benefits or performance-based incentives, to optimize resource allocation and maximize the return on investment.
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Résumés should be written in complete sentences.
Please select the best answer from the choices provided
TRUE OR FALSE?
ANSWER: FALSE
Answers
Answer:
false lol thx
Explanation:
Conflict occurs when one party perceives their interests are being opposed or negatively affected by another party. Even the best managers will often have to help resolve disagreements and even destructive conflicts. This activity is important because good managers should understand the various techniques or styles they can use to handle workplace conflicts.
The goal of this activity is to challenge your knowledge of the five conflict handling styles.
Match each item to the appropriate conflict handling style.
Dominating
Obliging
Compromising
Integrating
Avoiding
Answers
The solutions are provided below with the wise selection in accord with the question.
1) Milton is always ---> Refraining
What are the obstacles to expansion strategy?A small business owner must actually invest in order to maximize income, and expansion frequently leads to new economic prospects that demand extra costs. However, occasionally purchasing excessively can lead to problems.
1) Milton is always --->-> Refraining
explanation: The avoiding approach involves withdrawing from a difficult circumstance. This strategy works well if the issue at hand is minor or unimportant. It is wise to avoid wasting time and energy on insignificant issues like being irate about not getting a new red Flakiness stapler.
2 Lauryl works ---> is compliant
Explanation: When one party yields to the demands or wants of the other party in the hope of receiving a favor later on, it is akin to an accommodating method of conflict resolution.
3- Your business retracted———->Dominating
Explanation: This is a competition approach wherein the one party elevates its own interests or position over that of other side.
4- Stan and Phylis ------ Compromising
explanation- This approach settles disputes when opposing parties look for a middle ground via fair exchange and a solution that offers that both parties can agree on.
5 - Integrating $4000 from your department
This study looked for parties to work together when both their own and others' interests are highly regarded. All stakeholders reach a consensus on a solution.
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Complete question:
An individual reports the following capital transactions in the current year: Short-term capital gain $ 1,000 Short-term capital loss 11,000 Long-term capital gain 10,000 Long-term capital loss 6,000 What amount is deducted in arriving at adjusted gross income
Answers
Answer: $6000
Explanation:
The amount that is deducted in arriving at adjusted gross income will be calculated thus:
Short term capital gain = $1000
Less: Short term capital loss = $11000
Net short term loss = -$10000
Long term capital gain = $10000
Less: Long term capital loss = $6000
Net long term gain = $4000
Then, the amount that is deducted in arriving at adjusted gross income will be:
= $10000 - $4000 = $6000
10)
How might a mission statement help Donna with her new
business?
Answers
A mission statement can help Donna with her new business by providing clarity and direction for her venture. It serves as a guiding statement that outlines the purpose, values, and goals of the business.
It helps Donna align her decisions, actions, and strategies with the overall mission, facilitating focus and consistency in her business operations. A mission statement is a concise statement that articulates the purpose and core values of a business. It outlines what the business aims to achieve and how it intends to operate. For Donna, having a mission statement for her new business can provide several benefits.
Firstly, it helps Donna define the purpose and direction of her business. It clarifies the reason for starting the business and what it aims to accomplish, providing a sense of focus and clarity.
Secondly, a mission statement helps Donna communicate her business's values and principles to stakeholders, including employees, customers, and investors. It sets the foundation for building a strong company culture and aligning everyone's efforts toward a common goal.
Lastly, a mission statement can serve as a guide for decision-making and strategy development. When faced with choices or challenges, Donna can refer to her mission statement to ensure that her actions align with the overall purpose and values of her business.
A mission statement plays a crucial role in helping Donna with her new business by providing clarity, guiding decision-making, and aligning stakeholders toward a common vision.
In conclusion, a mission statement can significantly benefit Donna in her new business. It provides clarity and direction, communicates values to stakeholders, and guides decision-making and strategy development. By establishing a mission statement, Donna can effectively define her business's purpose and goals, foster a strong company culture, and make informed decisions that align with her business's overall mission. This helps create a solid foundation for success and growth in her new venture.
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Select the correct answer but im pretty sure it will be wrong
Why is plagiarism wrong?
A.
It gives others credit for someone else’s work.
B.
It shows a lack of effort.
C.
It is lazy journalism.
D.
It makes a newspaper look bad.
Answers
Answer:
A. It gives others credit for someone else's work
Explanation:
HELP ME PLEASE!!!!!!!!!!
Rosa is a full-time homemaker not currently searching for other work. Andy is a full-time student who is not looking for a job. Who is included in the labor force by the Bureau of Labor Statistics?
a.only Rosa
b.only Andy
c.both Rosa and Andy
d.neither Rosa nor Andy
Bonds are
a.both a store of value and a medium of exchange.
b.a store of value, but not a medium of exchange.
c.a medium of exchange, but not a store of value.
d.neither a store of value nor a medium of exchange.
Consider the expressions T - G and Y - C - G. Which of the following statements is correct?
a.Each one of these is equal to national saving.
b.The first of these is public saving; the second one is national saving.
c.The first of these is private saving; the second one is public saving.
d.The first of these is public saving; the second one is private saving.
According to 2017 Belgium Labor data information: Adult Population in 2017= 4500, Number of employed in 2017= 2800, and Number of Unemployed in 2017= 700. The labor-force participation rate of Belgium in 2017 was
a.62.22%.
b.54.28%.
c.15.55%.
d.77.78%.
According to Japan Labor data information: Adult Population in 2016= 3500, Number of employed in 2016= 1800, and Number of Unemployed in 2016= 600. The unemployment rate of Japan in 2016 was
a.11.42%.
b.25.00%.
c.54.28%.
d.17.39%.
You buy laptop from Apple pay cost of laptop with currency. Which function of money does this best illustrate?
a.medium of exchange
b.unit of account
c.store of value
d.liquidity
Sam is a broker. He has had several job offers, but he has turned them down because he thinks he can find a firm that better matches his tastes and skills. Adam has looked for work as an accountant for some time. While the demand for accountants doesn’t appear to be falling, there seems to be more people applying than jobs available.
a.Sam and Adam are both frictionally unemployed.
b.Sam and Adam are both structurally unemployed.
c.Sam is frictionally unemployed, and Adam is structurally unemployed.
d.Sam is structurally unemployed, and Adam is frictionally unemployed.
Compared to stocks, bonds offer the holder
a.lower risk and lower potential return.
b.lower risk and higher potential return.
c.higher risk and lower potential return.
d.higher risk and higher potential return.
Answers
1. The person included in the labor force by the Bureau of Labor Statistics is d. neither Rosa nor Andy.
The two persons are not regarded as unemployed because they are not seeking or ready for jobs.
2. Bonds are A. both a store of value and ...
Especially treasury bonds, they retain their values as stores of value and can be exchanged for cash and other assets. Thus, bonds are both a store of value and a medium of exchange between persons.
3. The correct statement about the expressions T - G and Y - C - G is b. The first of these is public saving; the second one is national saving.
Public saving is the difference between Taxation income (T) and Government Spending (G), while national saving is the difference between national income (Y) and Private Consumption (C), and Government Spending.
4. The labor-force participation rate of Belgium in 2017 based on its 2017 Labor data was a. 62.22% (2,800/4,500 x 100).
5. The unemployment rate of Japan in 2016 based on its 2016 Labor data was d. 17.14% (600/3,500 x 100).
6. The function of money that this transaction with Apple BEST illustrates is a. medium of exchange.
7. The best description of Sam and Adam is c. Sam is frictionally unemployed, and Adam is structurally unemployed.
Sam's unemployment is voluntary unlike Adam's.
8. When stocks are compared to bonds, bonds generally offer the bondholder a. lower risk and lower potential return.
Thus, the difference between bonds and stocks lies in the risk and return profiles of both investments. Stocks bear higher risks and returns than bonds.
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milk should ______ (keep) in a fridge.
Answers
The past tense of Keep is Kept
each point on a ________ curve shows the willingness of consumers to purchase a product at different prices.
Answers
Answer:
demand is the word.
Explanation:
Each point on a demand curve shows: The willingness of consumers to purchase a product at different prices. The consumer surplus received from purchasing a given quantity of a product The economics surplus received from purchasing a given quantity of a product The legally determined maximum price that sellers may charge for a given quantity of product.
6
A company that is located in the U.S. and sells its product to customers in Mexico is participating in what?
A. Demographics
B. News media
C. The global marketplace
D. Web marketing
Answers
Answer:
c
Explanation:
the global marketplace
Answer:
C
Explanation:
got it right on Edge
Seth is considering advertising his business using paid search results. What do you think makes paid search advertising so effective as a marketing method? look at the following statements and decide whether they are true or false.
Answers
No claims may be deemed genuine or untrue, but I'll describe why paid search advertising is so powerful for marketing.
Who are you calling an advertiser?Buying real estate to market a good, bad, or abstract notion is a commercial tactic called as advertising. The actual advertising messaging is what is typically referred to as advertisements. Reaching the demographics most apt to be interested in purchasing a company's goods or services is the aim of advertising.
Why is advertising so important?Advertising is a powerful marketing tool that can assist you in attracting customers, educating them about your products, and earning their confidence. The majority of businesses use advertising in some capacity to promote their products and services.
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