Selling songs exclusively on iTunes is an example of a virtual business, as it operates solely in the online space without a physical presence or brick-and-mortar store.
The term virtual business refers to a business that operates primarily or exclusively online, without a physical presence or traditional brick-and-mortar store. In this case, as a musician selling songs exclusively on iTunes, the business model relies on the virtual platform provided by iTunes for distribution and sales. Customers can access and purchase the songs digitally, without the need to visit a physical store. Virtual businesses have gained significant popularity in the digital age due to their convenience, accessibility, and global reach. They eliminate the need for physical infrastructure and allow businesses to reach a wider customer base through online platforms and digital services.
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a company sells 400 units for $4 per unit. when the company increases its prices to $5, it’s demand drops to 200 units. what is the price elasticity of demand? quizlet
To calculate the price elasticity of demand for a company when it increases its prices, follow these steps:
1. Calculate the percentage change in quantity demanded:
(New Quantity - Old Quantity) / Old Quantity = (200 - 400) / 400 = -0.5
2. Calculate the percentage change in price:
(New Price - Old Price) / Old Price = ($5 - $4) / $4 = 0.25
3. Compute the price elasticity of demand:
Price Elasticity of Demand = % Change in Quantity Demanded / % Change in Price = -0.5 / 0.25 = -2
The price elasticity of demand for the company when it increases its prices from $4 to $5 per unit is -2, which indicates that demand is elastic, meaning that changes in price significantly affect the quantity demanded.
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The price elasticity of demand for this company's product is -2, which indicates that the demand is elastic and responsive to price changes.
To calculate the price elasticity of demand for the company's product, follow these steps:
1. Determine the initial quantity demanded (Q1) and initial price (P1): Q1 = 400 units, P1 = $4 per unit.
2. Determine the final quantity demanded (Q2) and final price (P2): Q2 = 200 units, P2 = $5 per unit.
3. Calculate the percentage change in quantity demanded: (Q2 - Q1) / Q1 = (200 - 400) / 400 = -0.5, or a 50% decrease.
4. Calculate the percentage change in price: (P2 - P1) / P1 = ($5 - $4) / $4 = 0.25, or a 25% increase.
5. Calculate the price elasticity of demand:
percentage change in quantity demanded / percentage change in price = (-0.5) / 0.25 = -2.
The price elasticity of demand is -2.
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Dad Mystery
To all my friends and "ex-friends" I have a message. I am pushing you to the side until I finally finish this mystery. I can't handle the stress of having to multi-multi-task. I need to focus on certain things, not the stress some of you have put me through and the talking. You know who you are. Now, back to my question
What happened on CFB 2149-0403?
Whatever happened to Emily?
How fast were they travelling?
Having a moment of clarity
Why did base do this to them?
Who are they calling family?
Answer:
Uh...sorry to be hours late but did something happen to a friend of yours that was bad? -Your friend, Bill Cipher
Explanation:
a tv retailer suppose that in order to sell a number of tvs the price per unit must follow the model p=600-0.3n
: The drug company Fizehr sells a patented product CudoCuro in Canada and the US. The US demand for CudoCuro is P = 400 -0.5Q and Canada's is given by P = 260 - Q. where Q is in millions of units and P the price in dollars. a. Assuming the cost of producing CudoCuro were given by 100Q, then what price will be charged to each country? What is each country's price-elasticity of demand for CudoCuro at this point? b. Assuming the cost of producing CudoCuro were given by 0.5Q2, then what price will be charged to each country? What is each country's price-elasticity of demand for CudoCuro at this point?
a. The price charged to the US will be $300 and to Canada will be $240. The price-elasticity of demand for CudoCuro in the US is -1, and in Canada is -0.4.
b. The price charged to the US will be $380 and to Canada will be $250. The price-elasticity of demand for CudoCuro in the US is -2.67, and in Canada is -1.5.
In both cases, the prices are determined by equating the marginal cost of production with the marginal revenue from selling an additional unit. The price-elasticity of demand is calculated using the formula: (dQ/dP) * (P/Q), where dQ/dP represents the derivative of quantity with respect to price.
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Sue wants to work as a chemical engineer for either a large corporation or the government. What would you advise her to
do while she is earning her bachelor's degree to gain some real-world experience in the field of chemical engineering while still earning
college credits ?
a) Apply for a cooperative education experience, through her university, at a company or an agency that will provide her real work
experience in her field of study
b) Study hard and wait until she earns her degree to get experience
c) Take a job on campus working in the office typing papers for engineering professors
d) Take a part-time job working nights at a pharmacy
Answer:
A
Explanation: The most common reason tbh.
Answer: A
And just trust
2) Explain using welfare measures whether consumers prefer a single price monopoly or a perfectly price discriminating monopoly.
Welfare measures refer to measures used by the government to evaluate social welfare. Welfare measures could include consumer surplus, producer surplus, deadweight loss, and total surplus.A single-price monopoly is a market in which a single firm controls the entire market and sells at a single price.
A perfect price-discriminating monopoly is a market in which a single firm controls the entire market and charges different prices to different customers based on their willingness to pay. The price for each customer is equal to their marginal benefit.
Considering consumer surplus, a single-price monopoly will produce less of the good compared to a perfect price-discriminating monopoly. Consumers in a single-price monopoly market will experience a lower level of welfare as their surplus is reduced, while a perfect price-discriminating monopoly maximizes the consumer surplus.
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Jeweler Tiffany & Co. is following a differentiation strategy and wants to charge a high price for high quality jewelry.
What would the organization's focus need to be to execute each strategy?
To execute a differentiation strategy and charge a high price for high-quality jewelry, Tiffany & Co.
would need to focus on the following aspects:
1. Product Quality and Design: The organization should prioritize producing jewelry of exceptional quality, craftsmanship, and unique designs. They would need to invest in sourcing the finest materials, employing skilled artisans, and implementing rigorous quality control measures. The focus should be on creating products that stand out in terms of their aesthetics , durability, and overall value.
2. Brand Image and Reputation: Building a strong brand image is crucial for a differentiation strategy. Tiffany & Co. would need to cultivate a reputation for being a prestigious and reputable jeweler. This involves consistently delivering high-quality products, providing excellent customer service, and creating a luxurious and exclusive shopping experience. The focus should be on maintaining brand integrity and fostering customer loyalty.
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According to the video, which qualities do Insurance Underwriters need? Check all that apply.
communication skills
customer service skills
computer skills
knowledge of sales strategies
an outgoing attitude
a background in finance
Answer:
The correct answers are (A) (C) (F)
Explanation:
Hope this helps ya'll :)
A communication skills, C computer skills, F a background in finance
Explanation:
valencia, an employee at y inc., attempts to bring all her contributions to successful projects to the attention of her manager. her intention is to build a good image in the eyes of the management. what is best exemplified by valencia's behavior?
Valencia's behavior can best be exemplified as self-promotion. By attempting to bring all her contributions to successful projects to the attention of her manager, Valencia aims to build a favorable image of herself in the eyes of the management.
Self-promotion refers to the act of actively showcasing one's accomplishments, skills, and contributions in order to enhance one's reputation or standing within an organization. Valencia's intention to highlight her successful project contributions demonstrates her desire to be recognized and valued by her manager and potentially increase her chances of career advancement or receiving other benefits. By proactively drawing attention to her achievements, Valencia hopes to create a positive perception of her abilities and dedication, thereby shaping her professional image within the company.
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Which type of chart or graph shows data with distinct x and y values?
O a bar graph
O a scatter plot
O a line chart
O a pie chart
Answer:
A. a bar graph is the answer
“The needs of a society conflict with the goals of the financial services industry’s desire to make a profit.” Do you agree or disagree?
Answer:
I do not agree that "the needs of a society conflict with the goals of the financial services industry's desire to make a profit", but on the contrary, I consider that the economic objectives of the financial system contribute to the well-being of the individuals that make up society, with which they satisfy the needs of this in an indirect way.
I believe this because the financial system, through its will to profit, creates jobs and economic opportunities for individuals, who would otherwise be forced to meet their needs without the help of a system designed to profit as a result of work done (such as communism).
Who would be most likely to work in the procurement department of a clothes department of a clothes manufacturer
Answer: A. Buyer
Explanation:
The options include:
A. Buyer
B Customer service adviser
C Delivery driver
D Machinist
The Procurement Department is simply the department that's responsible for supplies acquisition and also the acquisition of services.
The procurement department is responsible for establishing the purchasing policies of the company.
Based on the options given, the person who is likely to work in the procurement department of a clothes department of a clothes manufacturer is the buyer.
_____ is a career typically requiring a certificate from a vocational school program.
Actor
Lawyer
Sales clerk
Automotive mechanic
When a user sends a reply to a message, what is the user sending
Answer:
the reply and the message history
Explanation:
try it
Which are examples of marketing businesses? (Check all that may apply)
Pilot Truck Shop
Target
Kroger Grocery Store
Toyota Dealership
Answer:
toyota dealership
Explanation:
Match the following
Answer:
2,3,1,5,4,6
Explanation:
numbers go in box
The earnings, dividends, and stock price of Shelby Inc. are expected to grow at 8% per year in the future. Shelby's common stock sells for $22.75 per share, its last dividend was $2.00, and the company will pay a dividend of $2.16 at the end of the current year.
Using the discounted cash flow approach, what is its cost of equity? Round your answer to two decimal places.
If the firm's beta is 0.9, the risk-free rate is 7%, and the expected return on the market is 12%, then what would be the firm's cost of equity based on the CAPM approach? Round your answer to two decimal places.
If the firm's bonds earn a return of 9%, then what would be your estimate of rs using the own-bond-yield-plus-judgmental-risk-premium approach? (Hint: Use the mid-point of the risk premium range.) Round your answer to two decimal places.
On the basis of the results of parts a–c, what would be your estimate of Shelby's cost of equity? Assume Shelby values each approach equally. Round your answer to two decimal places.
Calculating Cost of Equity using the DCF approach Dividend expected at the end of the year = $2.16
Present dividend = $2.00
Expected growth rate = 8%
Let's calculate the cost of equity for Shelby Inc.
using the DCF approach.
D1 = $2.16P0 = $22.75
G = 8%k
e = D1/P0 + G= 2.16/22.75 + 8%= 0.096 or 9.6%
the cost of equity using the DCF approach is 9.6%.
Calculating Cost of Equity using the CAPM approach
the cost of equity would be the average of the costs of equity estimated using all the approaches.
k e = (9.6% + 11.5% + 14%) / 3= 11.03% or 11.04% (rounded to two decimal places)
the estimate of Shelby's cost of equity would be 11.04%.
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commercial banks can create money by quizlet transferring depositors' accounts at the federal reserve for conversion to cash transferring depositors' accounts at the federal reserve for conversion to cash buying treasury bills from the federal reserve
Commercial banks can create money by transferring depositors' accounts at the Federal Reserve for conversion to cash, and by buying Treasury bills from the Federal Reserve.
This involves taking deposits from customers and keeping only a fraction of those deposits as reserves while lending out the rest. When banks make loans, they create new money in the form of deposits in the borrower's account. This process is known as credit creation or money creation. The correct option among the given choices on Quizlet is "transferring depositors' accounts at the Federal Reserve for conversion to cash."
This option implies that when customers withdraw funds from their bank accounts, the bank may transfer funds from its reserve account at the Federal Reserve to provide the cash requested by the customers. This process does not involve creating new money but rather converting existing reserves into cash for withdrawal purposes.
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If MPC =4/5, actual GDP = $600 and potential GDP = $640, there
is a ____
(recessionary / inflationary) gap of $__ and a ____ (decrease /
increase) in government
spending of $__ would eliminate the gap
There is a recessionary gap of $40 and a increase in government spending of $40 would eliminate the gap.
The recessionary gap is determined by the difference between actual GDP and potential GDP. In this case, the actual GDP is $600 and the potential GDP is $640, resulting in a gap of $40.
To close the recessionary gap, an increase in government spending is required. By increasing government spending by the same amount as the gap ($40), it would stimulate the economy and increase aggregate demand, leading to an increase in GDP. This increase in government spending would help bridge the gap and bring the economy closer to its potential level of output.
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Please help!
a) Beatrice lives in a small town of 5,000 people. There are 1,500 people under the age of 16,
500 people who are retired, 2,750 people who have jobs, and 250 people who are actively
looking for work. What is the unemployment rate of Beatrice's town?
Answer:
8.33%
Explanation:
250 unemployed people looking for work / 3000-member labor force = 0.0833
3000 = 5000 (the population) minus 2000 (those who aren't part of the labor force; aka the kids and retirees)
every business organization that had many employees has ?
Micro companies (those employing fewer than 10) and medium-sized businesses (those employing between 50 and 99 workers) are additional categories for SMEs (50 to 249 employees). At least 250 people are employed by big companies.
How many workers is a corporation allowed to have at once?Due to their status as independent legal organizations, corporations enjoy a wide range of legal rights, including the ability to employ individuals. Thus, a business may have a staff of 0 employees or hundreds, thousands, or even more. When the documents of incorporation are filed, a corporation is considered to have a permanent existence.
What is the ideal staffing ratio for a business?If you run a business, hire one or more individuals, and pay more than $100 in salary in a calendar quarter, you must register with us as an employer. In order to work with us, you must register whenever you pay one or more domestic employees a cash salary of $750 or more in a calendar quarter.
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A corporation is listed as one of the Standard and Poor's 500. That means the company is _____. (Select all that apply.) used as a benchmark for some industry leverage comparisons an energy sector stock is not presently carrying debt publicly traded
Answer:
used as a benchmark for some industry leverage
Explanation:
Standard and Poor's 500, sometimes known as S&P 500 is an index for stock market which measures the stock performance of five hundred large organizations that is listed in the stock exchanges of the United States. It is founded in the year 1957.
The S&P lists a group of 500 organizations whose daily average share prices are use to calculate the the index a day's security prices. It is used to benchmark the organization.
Status quo is staying safe with the way an individual makes decisions, and their decision process stays the same.a. true
b. false
The status-quo trap is staying safe with the way an individual makes decisions, and their decision process stays the same is true
Is status quo good or bad?When making an important choice, people are more likely to pick the option that maintains things as they are currently. A status quo bias minimizes the risks associated with change, but it also causes people to miss out on potential benefits that might even outweigh the risksThe Status Quo is the current state of affairs. It's how things are done. Often we hear that “we've always done it this way.” Other times we're waiting for a better way to come along. To question the status quo, we ask “what if” and “why not.”Status quo is a Latin phrase meaning the existing state of affairs, particularly with regard to social, political, religious or military issues. In the sociological sense, the status quo refers to the current state of social structure and/or values
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An example of a transfer payment is:________
a. rent.
b. unemployment benefits.
c. wages.
d. profit.
e. government purchases
Unemplyment benefits are an example of a transfer payment. So, the correct option of this question is b.
Transfer payment is payment made or income received in which goods and services are not paid is known as transfer of payment. It is one-way payment. Transfer Payment is also known as Government transfer as it is given by the Government without goods and services being received in return. Transfer of payment is based on the concept of donor and recipient. A donor gives up something of value without receiving anything in return.
Unemployment benefits are given by the Government without receiving any goods or services in return so it is considered a transfer payment. The government collects money through taxes then this money is reallocated to citizens equally through welfare services.
Unemployment benefits are also provided by the Government therefore it is an example of transfer payment.
While other options are incorrect because rent, wages and government purchases dont have relation with transfer payment.
Therefore, the correct option of the given question is b i.e. Unemployment benefits.
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Introduction Develop an introductory paragraph keeping in mind that research is important when choosing your Stock Market Game portfolio and investing successfully for your own future.
Equity purchasing and selling decisions are made by investors and traders utilizing stock analysis. Investors and traders can obtain an advantage in the markets and make wise judgments by analyzing and comparing historical and current data. It is crucial to do your research on the stock market before you invest.
What is Stock Market Game?The Stock Market Game is a virtual recreation of the world's capital markets that introduces economics, investing, and personal finance to children in grades 4 through 12. It has helped approximately 20 million kids get ready for a future when they can support themselves financially.
By simulating the stock and bond markets, it introduces young people to investing and saving. Students get access to a $100,000 virtual financial portfolio that they can trade and manage.
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An increase in the incomes of U.S. trading partners would shift the U.S.: A. aggregate supply curve to the left B. aggregate demand curve to the left C. aggregate demand curve to the right D. aggregate supply curve to the right
Answer: aggregate demand curve to the right
Explanation:
An ncrease in the incomes of U.S. trading partners would shift the U.S aggregate demand curve to the right.
This is because when there is an increase in income, this will lead to more purchases been made which will invariably lead to an outward shift of the demand curve.
where does telephone and printing goes in the trial balance
Answer:
Printing and Stationery expenses are indirect expenses. Therefore, these expenses are shown in expenses side of profit and loss account, so it will be in credit side of trial balance.
Christine's total monthly expenses typically amount to $1,800. About $50 of these expenses are work related. Her employer provides disability insurance coverage of $600 per month. How much individual disability insurance should Christine purchase?
Answer:
She should purchase a disability insurance if $1,150
Explanation:
To calculate the amount of individual disability insurance she should purchase, we use the mathematical equation below;
Required amount of disability insurance = Monthly income - work related expenses- Employer’s contribution
From the question
Monthly income = $1800
Work related expenses = $50
Employer’s contribution = $600
Substituting these values, we have;
1800-50-600 = $1,150
2. How should employers respond to K to 12 graduates who apply for vacant positions in
3. What were the perceived disadvantages of K to 12 graduates pcompared to college students?
4. What factors could give K to 12 graduates an advantage in the labor market?
Discussion Questions
1.
What is the dilemma K to 12 graduates face when applying for a job?
their company? Pa help asap po
Answer:
am sorry
Explanation:
i had to do it pls give me pts
what are indicators of an impending recession, if inventories are likely to occur?
A recession is defined as a major drop in economic activity that lasts more than a few months. The following five economic indices are declining: real GDP, income, employment, manufacturing, and retail sales.
During a recession, what happens to inventories?The largest impact is likely to be on inventory; firms will cease adding to their stockpiles and will be more inclined to draw on them to fulfil manufacturing orders. Inventory reductions have a twofold effect on production volume. Two consecutive quarters of negative gross domestic product (GDP) growth is a typical rule of thumb for detecting recessions. The publication of GDP statistics for the second quarter of 2022 in the United States revealed the country's second straight negative GDP growth rate, prompting many to conclude the country is currently in a recession.
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