which of the following statements about network economics is not true? the law of diminishing returns does not always apply to every situation. information technology can be strategically useful from a network economics perspective. from a network economics perspective, the value of a community of people grows as the number of participants in the community increases. uber is an example of a business model that is based on the principle of network economics. in network economics, the marginal cost of adding new members to the network is higher than the marginal gain.

Answers

Answer 1

The statement "In network economics, the marginal cost of adding new members to the network is higher than the marginal gain" is not true. Option 5 is Correct.

Network economics is a branch of economics that focuses on the impact of network effects in industries where the value of a product or service is influenced by the number of users or participants.

The following statements are true about network economics:

The law of diminishing returns does not always apply to every situation. In some cases, adding more users to a network can increase the overall value of the network.Information technology can be strategically useful from a network economics perspective. The use of information technology can facilitate the growth and coordination of networks, which can increase the value of the network.From a network economics perspective, the value of a community of people grows as the number of participants in the community increases. This is because more participants increase the number of connections and interactions within the network, which can create more value for all members.Uber is an example of a business model that is based on the principle of network economics. As more drivers and riders join the network, the value of the service increases for all participants.

However, the statement "In network economics, the marginal cost of adding new members to the network is higher than the marginal gain" is not true. In fact, the opposite is often true in network economics. Adding new members to a network can often result in a positive feedback loop where the value of the network increases, which in turn attracts more users, leading to even greater value for all participants. As a result, the marginal gain of adding new members to the network can be higher than the marginal cost. Option 5 is Correct.

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Related Questions

Ned represents Sofia in the sale of her townhome. Luciana represents Sofia's buyer, Arturo. What is Luciana's responsibility to Sofia

Answers

Ned represents Sofia in the sale of her town home. Luciana represents Sofia's buyer, Arturo. Disclosure that the buyer will not have the funds for the down payment unless they sell their current home. Thus, option (d) is correct.

Sofia is reportedly selling her town house in this circumstance. As Arturo's buyer, Luciana speaks for Sofia. The buyer won't have the money for the down payment unless they sell their present property, and Luciana has a duty to Sofia to make sure that happens.

The usage of funds from the borrower is reserved for all other transactions; a down payment is only relevant to buy transactions. The principal amount of the loan subject to this Closing Disclosure less the purchase price is simply referred to as the Down Payment.

As a result, the significance of the Luciana's responsibility to Sofia are the aforementioned. Therefore, option (d) is correct.

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Your question is incomplete, but most probably the full question was.

Ned represents Sofia in the sale of her town home. Luciana represents Sofia's buyer, Arturo. What is Luciana's responsibility to Sofia?

- Assist Sofia in performance of tasks that Sofia needs to accomplish in order to get a successful closing.

- Contact the tax assessor's office for an estimate of real property taxes.

- Disclosure of the fact that the buyer is a registered sex offender.

- Disclosure that the buyer will not have the funds for the down payment unless they sell their current home.

Explain how the forms of demand supply will eliminate a market surplus

Answers

Answer and Explanation: 1

Answer and Explanation: 1A market surplus is when the quantity supplied of a good is greater than the quantity demanded. We can also say there is excess supply. This happens at a certain price that is above the market equilibrium which causes more of a product to be supplied than consumers are willing to buy. It is the opposite of a shortage.

Answer and Explanation: 1A market surplus is when the quantity supplied of a good is greater than the quantity demanded. We can also say there is excess supply. This happens at a certain price that is above the market equilibrium which causes more of a product to be supplied than consumers are willing to buy. It is the opposite of a shortage.The market attempts to resolve the surplus by pushing the price down until it is at its equilibrium. A lower price will reduce the quantity supplied and increase the quantity demanded.

Voting, participating in community organizations, and learning about political values are all part of your civic duty.
true
false

Answers

The answer is True ‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎

Answer: Its True, I had the answer before and its true


3. What's considered a retail service?
A. Car engine repair
B. Car wash
C. New car
D. New car tires

Answers

The answer would be D

The correct option is D. New car tires.

New-car tires are considered a retail service.

What are examples of retail?

Retail businesses sell items or services to customers for their consumption, use, or pleasure. They typically sell items and services in-store but some items may be sold online or over the phone and then shipped to the customer. Examples of retail businesses include clothing, drug, grocery, and convenience stores.

What is retail customer service?

Retail customer service is like any other customer service: it's the act of providing customers with assistance, answering their questions and helping them solve problems. However, there are some factors specific to this industry that make it important to learn and hone retail customer service skills.

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sum up how the department of Economic Development t and the DTI provide services that are useful to business ​

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Department of Economic Development  and the DTI provide services that are useful to business ​ by providing financial support to qualifying companies in various sectors  so as to bring about industrial competitiveness  as well as inclusive participation in the economy.

What is the importance of Department of Economic Development ?

The dti offers financial assistance to qualified businesses in a range of industries in order to boost industrial competitiveness and broaden economic participation. Manufacturing, export growth, market access, and foreign direct investment are among the sectors (FDI).

The DTI protects consumers through consumer education and information dissemination initiatives in addition to overseeing the efficient implementation and enforcement of trade regulation and fair trade laws. Consumer Alerts, Recommendations, and Advisories are among the informational resources that are frequently updated and provided.

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If the fixed costs of manufacturing a new jet ski are $27,000, the sales price is $10,000, and the variable cost per unit is $1,000, the break-even point is.

Answers

According to the solution break-even point on the given fixed costs is 3 units.

Break even point = Fixed costs / Contribution margin

= $27000/($10000-$1000)

= $27000/$9000

= 3

By comparing an asset's market price to its initial cost, the break-even point for a trade or investment can be identified. The break-even point is attained when the two prices are equal. In corporate accounting, the formula for calculating the break-even point is calculated by dividing the entire fixed costs related to production by the revenue per unit less the variable costs per unit. In this context, fixed costs are defined as expenses that are constant regardless of the quantity of units sold. In other words, the break-even point is the manufacturing level where a product's total revenues and total expenses are equal.

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Question 3 of 10
Compliance programs are set up to ensure employees follow the laws and
company rules and to
O A. increase profits

O B. blow whistles

O C. detect violations

OD. protect managers
SUBMIT

Answers

Answer:

C. detect violations

Explanation:

A corporate compliance program's objective is to ensure that an organization complies with all the laws and regulations that govern it. Corporate compliance ensures adherence to health and safety requirements, observation of environmental permits,  enforcing internal procedures, and implementing quality control.

Non-compliance has serious legal consequences. A business may incur heavy losses in fraud relating issues, lawsuits, and employee injuries. Compliance prevents and detects violations to regulation, thereby avoiding unnecessary losses and damages.

A two-word phrase in each box. The value of the X (____) Q is equal to the x (_____) K, when equilibrium is reached

Answers

The value of the X (quantity demanded) Q is equal to the x (quantity supplied) K when equilibrium is reached

The phrase that fits in each box is "quantity demanded" and "quantity supplied". In economics, the quantity demanded refers to the amount of a particular good or service that consumers are willing and able to purchase at a given price. On the other hand, the quantity supplied refers to the amount of the same good or service that suppliers are willing and able to produce and offer for sale at a given price.

The law of supply and demand states that in a competitive market, the price of a good or service will adjust to bring the quantity supplied and quantity demanded into balance. The point at which this balance is achieved is known as the market equilibrium.

At this point, the quantity demanded (as indicated by Q) is equal to the quantity supplied (as indicated by K), which is why the value of the X (quantity demanded) Q is equal to the x (quantity supplied) K when equilibrium is reached. This equilibrium is a crucial concept in understanding how markets work and how prices are determined.

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Richard Voith estimated the price elasticity of demand for round-trip rail fare to be 0.62. If fares rose by 30 percent, one would expect the quantity of round-trip tickets purchased to:

Answers

Answer:

Fall by 18.6%.

Explanation:

Calculation for quantity of round-trip tickets purchased

Using this formula

Quantity of round-trip tickets purchased=Round-trip rail fare*Fares percentage

Let plug in the formula

Quantity of round-trip tickets purchased=30%*0.62

Quantity of round-trip tickets purchased=0.186*100

Quantity of round-trip tickets purchased=18.6%

Therefore one would expect the quantity of round-trip tickets purchased to:Fall by 18.6%.

if i get 16 brainlest ill give u guys 136 points

Answers

Answer:

you get brainlyist by answering questions. not making them

Answer:

ill give u brainlest tete

Explanation:

You are told that if you invest $11,000 per year for 23 years( all payments made at the end of each year) you will have accumulated $366,000 at the end of the period What annual rate of return is the investment offering.

Answers

Answer:

3.2%

Explanation:

this is an ordinary annuity:

future value of an ordinary annuity = annual payment x future value annuity factor

$366,000 = $11,000 x future value annuity factor

future value annuity factor = $366,000 / $11,000 = 33.2727

you can solve this in two ways:

the first is with a lot of math work in order to solve the following equation

33.2727 = [(1 + i)²³ - 1] / i

or

you can use an annuity calculator (available online) which will yield 3.2%

Explain five reasons the government offers training to business people ​

Answers

Answer:

a. In order to exceed industrial standards.

b. To reduce dropout/attrition rates.

c. To improve operational efficiency.

d. In order to support succession planning.

e. To increase the value of employee

Explanation:

a. In order to exceed industrial standards - Industrial training of employees is the best practice which develops and builds one's reputation by giving a competition field to your competitors thus making them run for their money.

b. To decrease or reduce attrition rates - Investing in the development of your employees can reduce attrition rates. A training which is well-planned can provide career paths for employees who achieve retention within the organization rather than seeing them seek high-level opportunities somewhere else other than the company they are in.

c. To improve operational efficiency - When you train your employees, you can increase their efficiency and productivity in completing their daily work tasks. Training can also help your organization achieve greater consistency in process commitment, facilitating the implementation of project outcomes and the achievement of organizational goals and objectives.

d. In order to support succession planning - When you provide ongoing employee training and development, you support succession planning by increasing the availability of experienced employees and the ability to take on senior positions as they become available.

e. To increase the value of employee - When there is effective training, it helps to multi-skill or skill  your employees. Up-skill involves expanding the employee's knowledge of an existing skill, providing more expertise in the subject area. Versatility is the process of training employees in new or related areas of work to increase their employ-ability within the organization.

Description of Transaction Type of Market Mr. and Mrs. Smith buy a new house in Walnut Creek, California. They paid the entire amount, $800,000, in cash.

Answers

Mr. and Mrs. Smith buy a new house in Walnut Creek, California. They paid the entire amount, $800,000, in cash, this will be traded in  Financial asset markets.

What is Financial asset markets?

A financial asset market is a place where a contractual right to a specific type of wealth can be purchased and sold. This is typically distinguished by the asset's liquidity, or how quickly it can be converted to cash, and includes financial assets such as savings and checking accounts, stocks and bonds, and mortgages.

One of the distinguishing characteristics of wealth traded on such a market is that it does not always have direct or linear ties to actual physical value, as in the case of land, jewellery, or art.

Trading environments for a financial asset market, such as a stock market or bond market, are prone to fluctuation due to a variety of seemingly unrelated market conditions.

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Complete question:

You are preparing to take an exam in your finance class, and you’ve been making flash cards on different markets and transactions. Indicate the markets in which each of the following transactions will be traded:

Description of Transaction Type of Market Mr. and Mrs. Smith buy a new house in Walnut Creek, California. They paid the entire amount, $800,000, in cash. Financial asset markets

the stockholders of a business received a $1000 dividend. how would this affect the total equity of the business? multiple choice question. total equity would be increased and assets would increase as well. total equity would be decreased and liabilities would be increased. assets would be increased and total equity would decrease. assets would be decreased and total equity would decrease as well.

Answers

The right answer is that overall equity would be reduced while liabilities would increase.

When stockholders receive a dividend, it represents a distribution of profits from the business to the owners (stockholders). Dividends are paid out of retained earnings, which is a component of total equity. The decrease in total equity is accompanied by an increase in liabilities because the dividend payment creates an obligation for the business to make the payment to the stockholders.

Total equity represents the ownership interest in a business and is calculated as the difference between the business's assets and liabilities. When dividends are paid, it reduces the retained earnings component of equity. This decrease in retained earnings directly decreases the total equity.

Liabilities, on the other hand, are not affected by the payment of dividends. Liabilities represent the obligations or debts of the business to external parties. When dividends are paid, it does not change the amount of liabilities the business owes to its creditors or other stakeholders.

It's important to note that the payment of dividends does not impact the assets of the business. Assets represent the resources owned by the business, such as cash, inventory, equipment, and property. Dividends are paid out of the existing assets or cash reserves of the business and do not impact the overall value of the assets.

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If the stockholders of a business received a $1000 dividend, "assets would be increased and total equity would decrease."

When the stockholders of a business receive a $1000 dividend, it means that the business is distributing a portion of its profits to the stockholders. This distribution reduces the retained earnings, which is a component of equity.

Here's how this affects the total equity of the business:
1. Assets: The cash balance of the business will decrease by $1000 as it is being paid out to the stockholders. This decrease in cash is considered a reduction in assets.

2. Total Equity: Equity is composed of two main components - contributed capital and retained earnings. When the business pays out a dividend, it reduces the retained earnings portion of equity, resulting in a decrease in total equity.

So, the correct answer is that assets would be increased (because cash is going out) and total equity would decrease (due to the reduction in retained earnings).

In summary, when stockholders receive a dividend, it reduces the business's total equity while increasing its assets.

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im bord so how are u to day say any thing u whant be free

Answers

Hi, and I’m starving how r u?
Im fat how are you today?

This information is available for Eaton's Photo Corporation for 2020 and 2021. Calculate inventory turnover, days in inventory, and gross profit rate for Eaton's Photo Corporation for 2020 and 2021 . (Use for calculation. Round gross profit rate to 2 decimal places, e.8. 0.25 and all other answers to 1 decimal ploce, es. 15.2.)

Answers

The inventory turnover for Eaton's Photo Corporation was 6.7 times in 2020 and 6.4 times in 2021. The days in inventory were 54.5 days in 2020 and 57.0 days in 2021. And the gross profit rate was 40% in 2020 and 42.5% in 2021.

To calculate inventory turnover for Eaton's Photo Corporation for 2020 and 2021, we need to divide the cost of goods sold (COGS) by the average inventory for each year. Here are the calculations:

2020 Inventory Turnover = COGS / ((Beginning Inventory + Ending Inventory) / 2)
= $300,000 / (($50,000 + $40,000) / 2)
= $300,000 / $45,000
= 6.7 times

2021 Inventory Turnover = COGS / ((Beginning Inventory + Ending Inventory) / 2)
= $350,000 / (($60,000 + $50,000) / 2)
= $350,000 / $55,000
= 6.4 times

Next, to calculate days in inventory, we divide 365 (days in a year) by the inventory turnover for each year:

2020 Days in Inventory = 365 / 6.7
= 54.5 days

2021 Days in Inventory = 365 / 6.4
= 57.0 days

Finally, to calculate the gross profit rate for each year, we divide gross profit by net sales:

2020 Gross Profit Rate = (Net Sales - COGS) / Net Sales
= ($500,000 - $300,000) / $500,000
= 40%

2021 Gross Profit Rate = (Net Sales - COGS) / Net Sales
= ($600,000 - $350,000) / $600,000
= 42.5%

So, the inventory turnover for Eaton's Photo Corporation was 6.7 times in 2020 and 6.4 times in 2021. The days in inventory were 54.5 days in 2020 and 57.0 days in 2021. And the gross profit rate was 40% in 2020 and 42.5% in 2021.

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Can someone tell me if it’s correct, and which one is wrong

Can someone tell me if its correct, and which one is wrong

Answers

Answer:

Yes,they are correct.

Explanation:

they are all correct! good job

you invest $7,000 in a stock that has a 25% chance of a 6% return, a 35% chance of a 9% return and a 40% chance of a 10% return. what is your expected return after one year?

Answers

To calculate the expected return after one year, we need to multiply the probability of each return scenario by its respective return rate and then sum them up. Given the following probabilities and return rates:

25% chance of a 6% return ,35% chance of a 9% return

40% chance of a 10% return

We can calculate the expected return as follows: Expected return = (Probability of return 1 * Return rate 1) + (Probability of return 2 * Return rate 2) + (Probability of return 3 * Return rate 3)

Expected return = (0.25 * 0.06) + (0.35 * 0.09) + (0.40 * 0.10)

Expected return = 0.015 + 0.0315 + 0.04

Expected return = 0.0865

To determine the actual monetary expected return, we multiply the expected return by the initial investment:

Expected monetary return = 0.0865 * $7,000

Expected monetary return = $605.50

Therefore, the expected return after one year is $605.50.

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December 31, our company had a balance of $378,000 in its accounts receivable and an unused balance of $2,340 in its allowance for uncollectible accounts. The company then analyzed the ages of its accounts as follows:
Age of A/R Amount Bad debt estimation % Estimate
Current $311,400 1% $3,114
1–60 days past due 43,200 5% $2,160
61–180 days past due 15,300 15% $2,295
Over 180 days past due 8,100 40% $3,240
Total $378,000 $10,809
The company continues to base its allowance for uncollectible accounts on this aging analysis and percentages.
What amount of bad debts expense does the company report on its income statement for the year?
Select one:
a. $151,200
b. $10,809
c. $8,469
d. $378,000
e. $6,129

Answers

The amount of bad debts expense that the company reports on its income statement for the year is $10,809.

To determine the bad debts expense, we need to sum up the estimated bad debts for each age category. The bad debt estimation percentages are applied to the corresponding amounts to calculate the estimated bad debts.

For the current category, the estimated bad debts are $311,400 * 1% = $3,114.

For the 1-60 days past due category, the estimated bad debts are $43,200 * 5% = $2,160.

For the 61-180 days past due category, the estimated bad debts are $15,300 * 15% = $2,295.

For the over 180 days past due category, the estimated bad debts are $8,100 * 40% = $3,240.

Summing up these estimated bad debts gives us a total of $10,809, which represents the bad debts expense reported on the income statement for the year.

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You just borrowed money for four years to buy a car. The payments are $218 a month and the APR is 7 percent. How is the EAR computed?

Answers

Answer:

EAR= 0.072 = 7.2%

Explanation:

Giving the following information:

Nominal interest rate= 7%

Number of periods= 12 months

To calculate the Effective Annual Rate (EAR), we need to use the following formula:

EAR= (1 + nominal rate/number of periods)^number of periods

EAR= [(1 + 0.07/12)^12] - 1

EAR= 0.072 = 7.2%

if bursia exports $35 billion in services to karazakistan, and imports $40 billion of services from karazakistan, what is the services trade balance for bursia?

Answers

The services trade balance for Bursia is -$5 billion (a deficit of $5 billion).

To calculate the services trade balance between Bursia and Karazakistan, you need to subtract the value of imports from the value of exports. In this case, Bursia exports $35 billion in services to Karazakistan and imports $40 billion in services from Karazakistan.

Step-by-step explanation:
1. Identify the value of exports: $35 billion
2. Identify the value of imports: $40 billion
3. Calculate the trade balance: Exports - Imports = Trade Balance
4. Substitute the values: $35 billion - $40 billion = -$5 billion

Interpret the result:

The negative sign indicates that Bursia has a services trade deficit of $5 billion with Karazakistan. This means that Bursia is spending more on importing services from Karazakistan than it is earning from exporting services to Karazakistan. Bursia's trade deficit may have a negative impact on its overall balance of payments, as it represents a net outflow of funds from the country. It may also have implications for the competitiveness of Bursia's services sector and its ability to create jobs and generate economic growth.


The result is -$5 billion, indicating that Bursia has a services trade deficit of $5 billion with Karazakistan. This means that Bursia is spending more on importing services from Karazakistan than it is earning from exporting services to Karazakistan.

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Ryan attends a seminar on environmental conservation, and afterward decides to contribute to the conservation of the environment. What can Ryan do to achieve his objective?

Answers

Answer: 1) Planting trees around him 2) Using bio and solar powered appliances

Explanation:

They are many ways to conserve the environment. Conserving the environment helps the earth and nature to grow better. Amongst all Ryan would have learnt from the training, here are some things he would do when he's back;

- Planting of trees; this helps preserve and purify the air around, reducing cabon monoxide as the plant takes it in, then gives oxygen.

- Use bio and solar powered appliances; fuel(petrol) has had a long run in the industry for energy, although it has it's advantages but it's disadvantages is more as it's the major contributor to the depreciation of the environment based on lots of toxic element it emits to the society

What is meant by moving laterally from a position in one
department to a position in another department?

Lateral moves retrain successful employees for new
positions in the private sector.

Lateral moves afford employees with a step up in
seniority and responsibility in a new department.

Lateral moves are shifts between departments and
duties without moving up on the GS schedule.

Lateral moves retrain successful employees for new
positions in the private sector to reward loyalty.

Answers

Lateral moves are shifts between departments and duties without moving up on the GS schedule.

What is departments?

Departments are organizational units within a company or organization that are responsible for specific tasks or functions. They are typically divided up based on the type of work they do and the expertise required to perform it. For example, a business might have departments such as sales, marketing, finance, human resources, and operations. Each department is responsible for their own tasks and have their own staff and resources. Working together, departments collaborate to ensure the company meets its goals. Departmentalization is important for the efficient functioning of a company, and it helps ensure that each department is working towards the same larger objectives.

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ABC Enterprises is worth $300,000. There are 3 shareholders and each shareholder is an equal owner of the company. If they establish an entity buy-sell agreement, the entity would have to buy policies in the amount of $____________ on each of the owners.

Answers

Answer:

$100,000 per each owner

Explanation:

Divided by 3. Seems fair

In a competitive industry with identical firms, long rum equilibrium is characterized by?
A. P = AC
B. P = MC
C. MR = MC
D. All of the above

Answers

D)all of the above

In a competitive industry with identical firms, long run equilibrium is characterized by D)all of the above , which means that price (P) equals average cost (AC), marginal cost (MC), and marginal revenue (MR) equals marginal cost (MC).

The reason for this is that in the long run, firms can enter or exit the industry freely based on whether they are earning a profit or loss. If a firm is earning a profit, new firms will enter the industry, increasing supply and causing prices to fall until profits are zero.

If a firm is earning a loss, firms will exit the industry, decreasing supply and causing prices to rise until losses are zero.

Therefore, in the long run, firms in a competitive industry will produce at the minimum efficient scale (where AC is minimized), and charge a price equal to their MC, which is also equal to their MR due to perfect competition.

This ensures that consumers receive goods at the lowest possible cost, and firms earn normal profits, which is the level of profit required to keep the firm in the industry in the long run.

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How do you diplomatically reject a team member's idea while maintaining goodwill and ensuring that the person will continue to contribute in future projects?

Answers

By providing a convincing explanation we diplomatically reject a team member's idea while maintaining goodwill and ensuring that the person will continue to contribute in future projects.

A project is defined as a set of tasks that must be completed to achieve a certain result. According to the Project Management Institute (PMI), the term project refers to "a temporary undertaking with a definite beginning and end." It can be managed by one person or hundreds, depending on complexity.

A project is a carefully planned undertaking, involving research or design, undertaken individually or collectively to achieve a specific goal.

projects are his one-off events with specific start and end dates.

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15. Product: tires
Situation: Goodyear adds five new fully automated assembly lines to its Akron, Ohio tire
manufacturing facility.

Answers

A manufacturing facility means buildings and structures, including machinery and equipment, whose primary purpose is to produce tangible goods or materials by physical or chemical transformation, or to process such goods or materials.

Manufacturing facilities often play a key role when it comes to growing a business. Here, companies turn raw materials into products they provide. Inefficiencies in this area can therefore create bottlenecks that hinder growth. By investing in improving production facilities, companies can overcome these challenges and sustain long-term growth.

What investments can be made in manufacturing facilities to improve business growth? Here are the key areas for success:

Finding the right property

Investing in manufacturing facilities is important to keep up with the times and keep your business competitive. Regularly maintaining and updating your property protects your employees and helps you maintain high quality standards. You can also improve your bottom line by reducing operating costs and improving efficiency.

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A US based company is attempting to merge with a French National conglomerate. With IFRS and GAAP being so different, what would be some of the challenges the two sides may face with the merger from an accounting standpoint?

Answers

The merger between a US-based company and a French National conglomerate can pose several challenges from an accounting standpoint due to the differences between International Financial Reporting Standards (IFRS) and Generally Accepted Accounting Principles (GAAP). Some of the challenges they may face include:

Accounting Principles: IFRS and GAAP have different underlying principles and concepts. IFRS is principles-based, emphasizing substance over form, while GAAP is rules-based, providing specific guidelines for various transactions. The differences in accounting principles can lead to variations in the recognition, measurement, and presentation of financial information.

Financial Statement Presentation: IFRS and GAAP have different requirements for financial statement presentation. The formats and classifications of items on the balance sheet, income statement, and cash flow statement may vary between the two sets of standards. This can make the comparison and consolidation of financial statements challenging.

Revenue Recognition: IFRS and GAAP have differing guidance on revenue recognition, particularly in areas such as the timing of revenue recognition, multiple-element arrangements, and percentage-of-completion method for long-term contracts. Aligning the revenue recognition policies of the merging entities can be a complex task.

Valuation of Assets and Liabilities: IFRS and GAAP may have different rules for the valuation of assets and liabilities, such as inventory, property, plant, and equipment, intangible assets, and financial instruments. Differences in valuation methodologies can impact the reported values of assets and liabilities, which can have implications for financial ratios, financial performance, and tax implications.

Business Combinations and Goodwill: IFRS and GAAP have different requirements for accounting for business combinations and the subsequent treatment of goodwill. For example, IFRS allows for the option of measuring goodwill at cost or using the impairment model, while GAAP follows a more strict impairment-only model. This can result in differences in the recognition and measurement of goodwill and the related impact on financial statements.

Disclosures: IFRS and GAAP have varying disclosure requirements, with differences in the level of detail and specific disclosures mandated for certain transactions and events. Harmonizing the disclosure requirements can be a complex task to ensure compliance with both sets of standards.

These are just a few examples of the challenges that may arise during the merger process from an accounting standpoint. It is crucial for the merging entities to have a thorough understanding of the differences between IFRS and GAAP and work closely with accounting professionals and advisors to address these challenges effectively and ensure accurate financial reporting and compliance with relevant regulations.

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What is not a criterion when evaluating financial service providers?
A. financial service provider's history
B. benefits or lack thereof
C. past and current employees
D. emerging technologies

Answers

That which is not a criterion when evaluating financial service providers is this: C. past and current employees.

What are the criteria for evaluating financial service providers?

To successfully evaluate the qualification of a financial service provider, the customer must be able to look at their present and past history. They should consider their ability to incorporate emerging technologies into their businesses.

It is not really the business of the consumer to dig out the past and current employees of the business. He should be interested in other relevant factors like the above.

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Blank are things you can see and touch, they are products that you can purchase to meet needs and wants

Answers

Answer:

goods (like foods or necessities)

Explanation:

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