The quantity imported from Mexico decreased from 1,800 tons to 900 tons as the price of tomatoes decreased from $2.50 to $2.00. The supply elasticity of tomatoes coming from Mexico is 3.0.
What does supply elasticity mean?A good or service's responsiveness to supply after a change in its market price is measured by its price elasticity of supply. Basic economic theory states that when a good's price rises, its supply will also rise.
The following formula can be used to determine the supply's elasticity:
Elasticity is equal to [(Q2 - Q1)/(Q2 + Q1)/2)]. / [(P2 – P1) / ((P2 + P1) / 2)]
Alternatively, put another way: Elasticity is equal to (Q/Qave) / (P/Pave).
where Q and P, respectively, stand for quantity and price.
We are informed that
P1 equals $2.5 Q1 equals 1,800 tons
P2 equals $2 and Q2 equals 900 tons.
adding the specified values to the equation:
Elasticity is equal to [(900 - 1800)/(900 + 1800)/2)]. / [(2 – 2.5) / ((2 + 2.5) / 2)]
Elasticity is equal to (-900/1350)/(-0.5/2.25)
elastic factor = 3.
Positive elasticity means that the supply and price are inversely correlated.
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__________ refers to a work schedule that allows employees to work fewer days but with longer hours.
Compressed Work Schedules refers to a work schedule that allows employees to work fewer days but with longer hours.
A compressed work schedule allows a hand to work a traditional 35- 40 hour workweek in lower than five workdays. For illustration, a full-time hand could work four 10- hour days rather than five 8- hour days.
Flextime is an arrangement that allows a hand to alter the starting and/ or end time of her/ his workday. workers still work the same number of listed hours as they would under a traditional schedule. It's also a flexible work option for positions that don't fluently support remote work.
Full-Time. This is the “ traditional ” type of work schedule.
Part-Time.Fixed- Schedules.Flextime Schedules.Rotating Shifts.Split Shift.Seasonal.Schedule.Learn more about Schedules here;
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which of the following is not a theory for imposing liability in tort? group of answer choices strict liability. intentional conduct. negligent conduct. criminal conduct.
In tort law, strict liability is the imposition of legal responsibility on a birthday celebration except finding a fault (such as negligence or Tortious intent).
The plaintiff solely wishes to proof that the tort befell and that the defendant used to be responsible
What is pigeon hole theory in torts?Only well-defined wrongs ought to be regarded as tort and restrained within a small box acknowledged as a pigeon hole. He in contrast the area of tort to that of a pigeon gap with a wide variety of smaller holes. These smaller holes would symbolize assault, slander, battery, malicious prosecution, and all the identified wrongs.
What is the difference between Salmond and Winfield concept of regulation of tort?Winfield proposed that “ each and every damage is a tort unless justified”, whereas Salmond said that “ no injury can be said to be tort till or until they fulfill the condition of pigeon hole”.
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https://brainly.com/question/14965931#SPJ4absolute veto is the term for the executive authority to reduce or eliminate funds for individual programs from a budget adopted by a legislative body.
The three essential sources of federal tax revenue are individual earnings taxes, payroll taxes, and corporate earnings taxes.
Other sources of tax income include excise taxes, the estate tax, and other taxes and fees.
What are the 4 subsystems of the budget execution phase?The budget cycle consists of 4 phases: (1) prepara- tion and submission, (2) approval, (3) execution, and (4) audit and evaluation.
What is the important source of federal income ?Personal profits taxes and Social Security taxes are the largest sources of federal authorities revenues. The federal government derives roughly seventy five percentage of its income from these two sources.
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https://brainly.com/question/16036388#SPJ4molly grey (single) acquired a 30 percent limited partnership interest in beau geste llp several years ago for $48,500. at the beginning of year 1, molly has tax basis and an at-risk amount of $29,500. in year 1, beau geste incurs a loss of $227,000 and does not make any distributions to the partners. in year 1, molly's agi (excluding any income or loss from beau geste) is $63,000. this includes $16,600 of passive income from other passive activities. in year 2, beau geste earns income of $35,500. in addition, molly contributes an additional $33,800 to beau geste during year 2. molly's agi in year 2 is $66,300 (excluding any income or loss from beau geste). this amount includes $13,750 in income from her other passive investments..
Since Molly has a $ 24,400 passive income, she must deduct 24,400 of the total losses 51,500 for year 2. Hence, 27,100 losses will remain suspended under Passive activity loss rules in year 2 end. The cumulative Passive suspended losses for year 2 are 27,100
At-risk amount:-
Initial year 1 amount of $ 29,500
Allowed loss ($ 29,500)
End of year 1 at-risk amount 0
Contribution for year 2 $ 33,800
BG income ($ 35,500 × 30%) $ 10,650
Allowed loss(227,000×30%)-29,500= ($ 38,600)
End of year 2 at-risk amount $ 5,850\
Year Total loss At risk Allowed At risk disallowed
1 227,000×30% = $ 68,100 $ 29,500 $ 38,600
2 $ 38,600 $ 38,600 0
Year At risk Allowed Passive activity loss Allowed
1 $ 29,500 $ 16,600 $ 12,900
$ 51,500 (38,600+12,900)
$ 24,400 (13,750 + 10,650) $ 27,100
AGI before BG $ 66,300
Year 2 Passive income from BG $ 10,650
Year 2 allowed Passive losses ($ 24,400)
Year 2 AGI $ 52,550
Passive income is unearned income that is automatically earned with minimal effort to generate or maintain. This is often combined with other sources of income such as a side job. The IRS in the US divides income into three categories: active income, passive income, and portfolio income.Learn more about income here: https://brainly.com/question/25745683
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the institute of ecolonomics seeks to create profitable business solutions that also serve environmental and societal concerns. these goals are an expression of what ethicists refer to as the .
These goals are an expression of what ethicists refer to as the triple bottom line when the institute of economics seeks to create profitable business solutions.
The triple bottom line (TBL) in economics asserts that businesses should make a commitment to giving social and environmental concerns the same amount of attention as they give profits. The Triple Bottom Line (TBL) theory proposes that there should be three bottom lines: profit, people, and the environment. The idea behind the triple-bottom-line approach to business is that profits should benefit the community as a whole in addition to the CEO and shareholders.
A framework for change that businesses and other organizations can use to transform themselves in the direction of a more sustainable and regenerative future is the triple bottom line. To measure, benchmark, set goals, improve, and eventually evolve toward more sustainable systems and models, the triple bottom line includes a number of tools.
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From the mid-1950s until the early 1970s, organizations managed their data in a _________; this created ________.
From the mid-1950s until the early 1970s, organizations managed their data in a file management environment; this created information silos.
An Information silo, or a set of such silos, is an insular control device wherein one facts device or subsystem is incapable of reciprocal operation with others that are, or ought to be, associated. for that reason, information isn't always accurately shared however alternatively remains sequestered within each machine or subsystem, figuratively trapped inside a field like grain is trapped inside a silo: there may be tons of it, and it can be stacked pretty high and freely to be had within those limits, but it has no impact out of doors the one's limits.
Such information silos are proving to be an impediment for businesses wishing to use information mining to make efficient use of their data. Information silos arise on every occasion a records device is incompatible or no longer incorporated with other facts systems.
This incompatibility can also arise inside the technical structure, in the utility structure, or inside the facts architecture of any statistics machine. However, since it has been proven that hooked-up facts modeling techniques are the foundation cause of the data integration trouble, most data structures are as a minimum incompatible inside the data architecture layer.
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Which type of networking doesn’t require a password to access?
A. The intranet
B. The extranet
C. The internet
D. The infranet
Answer:
C. The internet
Explanation:
all of the other options need user authorization to access it
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the opening of formal cuban relations with the united states has led to greater trade between the two countries, especially in perfectly competitive products such as sugar, tobacco, and oranges. explain what is likely to happen in the market for these agricultural products under increased trade with cuba. demand will decrease for products such as sugar, tobacco, and oranges. consumers in the u.s. will not benefit from increased trade because cuba expects to generate more revenues from trade than the united states. individual farmers in the united states will produce more agricultural products to stay competitive with cuba. greater trade between the two countries will lead to lower prices in the market for products such as sugar, tobacco, and oranges.
Consumers in the u.s. will not benefit from increased trade because Cuba expects to generate more revenues from trade than the united states.
The US imports no agricultural merchandise from Cuba. previous to 1960, Cuba changed into the 9th-largest export marketplace for U.S. agricultural merchandise. Presently, U.S. agricultural exports to Cuba are minor, with chook meat accounting for over ninety% of the $157 million of shipments in 2020.
The pinnacle three U.S. imports from Cuba, also through cost, were chook and other fowl, (2) organized foods, beverages, and (3) Olive oil. by means of tonnage, the pinnacle three U.S. exports were (1) chook and another rooster, (2) Phosphates, and so forth., and (3) back exports, with an alternate.
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what occurs as sprawl increases in, or adjacent to, a city? view available hint(s)for part a what occurs as sprawl increases in, or adjacent to, a city? pollution decreases the need for cars increases general health is improved less land is used per capita
Sprawl increases in, or adjacent to, a city the need for cars increases.
What is meant by sprawl?
"Sprawl is the process in which the spread of development across the terrain outpaces population expansion, according to the definition.
What is sprawling growth?
Sprawl development refers to the outward growth of low-density residential and commercial development into the periphery of cities and towns, far from downtown districts. Sprawl has pushed Bay Area cities and suburbs onto rural and agricultural lands over the past few decades.Learn more about sprawl
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Which epeat criteria informs customers about how to carefully dispose of products that need special handling?.
The third EPEAT criterion, "Design for end of life," requires that all electronics and computer makers advise their customers about the particular handling requirements for disposing of their products after they are no longer needed.
What are the prerequisites for EPEAT?
The environmental performance standards for EPEAT-registered products must be met in the following areas: material selection, greenhouse gas emissions reduction in the supply chain, circular design and long product life, energy conservation, end-of-life management, and corporate performance.
In EPEAT, the packaging criteria are optional. Manufacturers are urged by end-of-life management to set up plans for the free return of their products at the end of their useful lives. One of the EPEAT criteria is to inform customers of the unique handling requirements for discarding a product once it is no longer useful.
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when the u.s. gives foreign aid to developing nations in africa, which of the following balance of payments account is affected?
'When the U.S. gives foreign aid to developing nations in Africa, the balance of payments current account is affected .
In economics, a country's current account balance records the value of imports and exports of goods and services, and the international transfer of capital. It is one of the two components of the balance of payments, the other being the capital account.
Checking accounts are opened by business people who have many regular transactions with the bank. This includes deposits, withdrawals and counter transactions. Also known as an overnight savings account. A checking account can be opened at a cooperative bank or a commercial bank.
A checking account, also known as a financial account, is a type of savings account held by an individual who makes a significant number of transactions with the bank on a regular basis. This will be made by the bank at the request of the applicant and will be available for frequent or immediate access.
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the is a set of strategic decisions made about the product and its promotion, pricing, and distribution in order to satisfy customer needs in a target market.
A set of strategic decisions made about the product and its promotion, pricing, and distribution to satisfy customers' needs and desires in the Marketing Mix.
Marketing is the set of activities, institutions, and processes for creating, communicating, delivering, and exchanging offers of value to customers, clients, partners, and society at large.
Marketing Mix Explained The 4 P's are product, price, location, and promotion. These are examples of the "marketing mix," or the combination of tools and methods that marketers use to achieve their marketing goals. E. first officially designed the 4 hp in 1960. In short, actions are taken to draw attention to a company's offering. This could be the physical goods you sell or the services you provide. Common examples of workplace marketing include TV commercials, roadside billboards, and magazine ads.
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in your sap s/4hana system, you report financial values for three separate accounting principles. you post an acquisition for an asset that is capitalized in a single accounting principle. if you use the application to post integrated asset acquisitions, how many documents will the system post?
If you utilize the application to post integrated asset acquisitions in your SAP S/4HANA system, the system will submit 2 papers.
Describe the SAP S/4HANA system.The SAP S/4HANA ERP business suite, which is based on the SAP HANA in-memory database, enables businesses to conduct transactions and analyze corporate data in real time.
S/4HANA commonly referred to as the "digital core," serves as the foundation of SAP's strategy to assist clients with digital transformation, a broadly defined process where they can alter current business processes and models or establish new ones.
As a result, companies are more equipped to adjust to changing customer demands, business needs, and environmental factors. SAP refers to this S/4HANA-based business environment as the intelligent enterprise.
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an entrepreneurial team consists of question 8 options: managers with similar skills, abilities, and interests. experienced professionals from different areas of business. a group of wealthy investors who share a vision for a product. representatives from management, labor, and the government who work together to solve a company's problems in a creative way.
an entrepreneurial team consists of experienced professionals from different areas of business.
What is entrepreneurial team?An entrepreneurial team is “composed of two or more people who have a financial and other interest and are committed to the future and success of the company. The entrepreneurial team and those who are accountable to the company, those who are considered to be responsible for management in the early stages of the company, including its incorporation and pre-incorporation, and they are social recognized by oneself and others as a unit” (Schjoedt and Kraus 2009:515). Together they therefore create a company that is partners, employees and members of the management team. According to the definition of teamwork (Brandstätter 1997), an entrepreneurial team must meet two of her criteria: Company ownership and responsibility for its performance. However, gaps remain in researching the right mix of ideal team competencies. Despite the growing trend toward teamwork, lists of the best competencies at the individual level are often used (Chen and Chang 2010; Delamare and Winterton 2005; Hafeez and Essmail 2007).learn more about entrepreneurial team here:
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Why did keynes believe that fiscal policy was more powerful/effective than monetary policy?.
The Keynesians believe that fiscal policy was more effective than monetary policy.
However, Keynesians remain uncertain of the effectiveness of the monetary policy. They claim that expansionary monetary policies that increase banking system reserves would not have to result in several expansions of the money supply because banks can easily stop lending out their excess reserves.
Keynes suggested that when the economy is booming with low unemployment and strong growth, the government should cut spending and run a surplus to reduce demand and prevent the economy from overheating.
In general, fiscal policy has a higher impact on consumers than monetary policy because it can lead to increased employment and income. Governments drain money from the economy and slow business activity by raising taxes.
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Which of the following statements regarding a restricted stock plan is correct?
a) The amount of the compensation is measured by the par value at the date of grant.
b) Once the shares vest and the restrictions are lifted, paid-in capitalârestricted stock is replaced by common stock and paid-in capitalâexcess of par.
c) The employee is free to sell the shares during the restriction period.
d) All of the choices are correct regarding restricted stock plans.
Answer: a
Explanation:
The correct response is option (b), meaning that restricted stock and paid-in capital excess of par are replaced once the shares vest and the restrictions are lifted.
What does restricted stock serve?The limitations are meant to prevent premature selling that could harm the company. Under a multi-year timetable of graded vesting, restricted stock usually becomes tradable. Letter stock and section 1244 stock are other names for restricted stock.
Businesses may award shares to employees using restricted stock units. The grant complies with the criteria for a "restricted grant" in that it is subject to a vesting schedule that may be determined by performance criteria or length of service and is constrained by any further transfer or sale restrictions that your company may apply.
What distinguishes a stock option plan from a restricted stock plan?When stock options are given, you have the choice to buy firm stock at a particular price before a particular date. It is entirely up to you whether you decide to buy the shares. RSUs, however, provide you the actual shares after the vesting period is through. You are not required to buy it.
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when calculating interest and future value of an ordinary annuity, money is invested at what point in the year (period)?
When calculating the interest and future value of an ordinary annuity, money is invested at the end of the year.
A regular annuity is a series of payments that are made at the conclusion of each period. Calculating the amount of money that will be returned to an investor on a future date if the investor makes a series of payments previous to that date, assuming that the funds are invested at a specific interest rate, is a frequent financial planning concept.
Future value is the worth of a sum of money that will be paid on a specific future date. Since every payment is made at the end of a period, the formula for an average annuity's potential price refers to the value of a series of periodic payments on a given date in the future.
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an advantage of the herfindahl-hirschman index (hhi) over the n-firm concentration ratio as a summary measure of the market structure of an industry is that the hhi is more sensitive to:
The blessings of the Herfindahl index are that it reflects greater firms in the industry and it offers increased weight to the organizations with large market shares.
What is the cause of the usage of Herfindahl-Hirschman Index?The Herfindahl–Hirschman Index (HHI) is a frequent measure of market awareness of an enterprise - the measurement of corporations in relation to the industry they are in- and is used to determine market competitiveness.
What does a excessive Herfindahl index mean?Increases in the Herfindahl index usually indicate a minimize in competition and an increase of market power, whereas decreases indicate the opposite. Alternatively, if complete percentages are used, the index degrees from 0 to 10,000 "points". For example, an index of . 25 is the same as 2,500 points.
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https://brainly.com/question/21601889#SPJ4shaw corporation, a u.s. firm based in oregon, and yun electronics, a chinese company, have teamed up and created a small firm in south korea to help penetrate the market for solar products there. this effort is referred to as a .
This effort is referred to as a joint venture between the two companies.
A joint venture is a collaboration involving two or more individuals with the goal of growing one company or project for income while dividing the risks involved. Participants in the joint venture shall be at least two distinct natural persons or entities. The parties may contribute funds, manpower, assets, talent, expertise or other resources to a single company or project. It will depend on the particular facts of each instance whether or not a joint venture can be established. International market entry typically involves the use of joint ventures. Joint ventures are formed by foreign businesses and domestic firms that are already present in the markets they seek to enter.
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what electronic check-out coupon program allows marketers to deliver coupons only to consumers who satisfy the manufacturer's specific targeting requirements? group of answer choices
Electronic coupons allows marketers to deliver coupons only to consumers who satisfy the manufacturer's specific targeting requirements.
E-coupons, sometimes referred to as electronic or digital coupons, are the digital equivalent of paper coupons, which are used to offer discounts or freebies to clients to entice them to buy certain products. Typically, e-coupon services are provided by supermarket and medicine retailers during loyalty programme events.
From the perspective of the consumer, digital coupons are more practical. Due to the fact that they are given digitally, they are economical and effective. Businesses can show their appreciation for their clients by providing coupons. Reporting is well-documented because auditing procedures are external.
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How does the Federal Reserve influence money?
The federal funds rate the interest rate that banks charge one another for loans made in the overnight market for reserves is the primary tool the Fed uses to carry out monetary policy.
What is monetary policy?The Federal Reserve's actions and communications are considered to be part of monetary policy in the United States in order to support maximum employment, price stability, and moderate long-term interest rates, which are the three economic objectives that the Congress has directed the Federal Reserve to work toward.Reserve requirements, the discount rate, and open market operations have generally been the three instruments the Fed has used to conduct monetary policy.A nation's central bank's actions to regulate the money supply in order to maintain economic stability are referred to as its monetary policy. By employing instruments like interest rates, reserves, bonds, etc., policymakers can, for instance, manage the flow of money in order to boost GDP, employment, and price stability.
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when an existing firm creates a new venture or develops an innovation,it is said to be engaging in:acorporate emergence.btransformational leadership.cexceptional r
When an existing firm creates a new venture or develops an innovation, it is said to be engaging incorporate entrepreneurship corporate entrepreneurship.
Corporate entrepreneurship empowers established businesses to innovate and take calculated risks. If it is successful, it uses corporate influence to open up new business opportunities. Some people may find the concept of corporate entrepreneurship to be incongruous, but those who are familiar with it realise how its benefits exceed its drawbacks.
Corporate entrepreneurship enables the core firm to gain from innovative concepts and tactics while the team implementing the new endeavour takes advantage of established corporate venture capital, brand recognition, and other resources that are usually inaccessible to startups.
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grady received $8,200 of social security benefits this year. grady also reported salary and interest income this year. what amount of the benefits must grady include in his gross income under the following five independent situations? note: leave no answer blank. enter zero if applicable. required: grady files single and reports salary of $12,100 and interest income of $250. grady files single and reports salary of $22,000 and interest income of $600. grady files married joint and reports salary of $75,000 and interest income of $500. grady files married joint and reports salary of $44,000 and interest income of $700.
A. Amount to be included: $0 B. Amount to be included: $850 C. Amount to be included: $6,970 D. Amount to be included: $6,970 all includes social security benefits.
Grady excludes the full $8,200 because the total of his modified AGI ($12,100 + $250 + $4,100 (50% of Social Security benefits) = $16,450) and his Social Security benefits ($4,100 (50% of Social Security benefits) is less than the threshold ($25,000 for single taxpayers) for including Social Security benefits.
$850. Grady is single, and his modified AGI ($22,000 + $600 + $4,100 (50% of Social Security benefits) = $26,700) falls between $25,000 and $34,000. The smaller of (a) 50% of the Social Security benefits ($8,200 x 50% = $4,100) or (b) 50% of [$22,600 modified AGI + $4,100 (50 percent of Social Security benefits) $25,000] = $850] constitutes his taxable Social Security benefits. His taxable Social Security benefits total $850 as a result. Grady includes $8,200 of benefits, or 85% of them, or $6,970 ($8,200 85%), because his modified AGI is significantly higher than the threshold for doing so ($44,000 for married couples).
$6,970. Grady files jointly with his spouse, and his modified AGI ($44,000 + $700 + $4,100 (half of Social Security benefits) = $48,800) is higher than the $44,000 threshold. The lesser of (a) 85% of Social Security benefits (85% $8,200 = $6,970) or (b) 85% of [$44,700 modified AGI + $4,100 (50% of Social Security benefits) $44,000] = $4,080] plus the smaller of (a) $6,000 or (b) 50% of Social Security benefits ($4,100) constitutes his taxable Social Security payments. This reduces to either $6,970 or $8,180 ($4,080 + $4,100), whichever is less. His taxable Social Security benefits total $6,970 as a result.
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farris corporation, which has only one product, has provided the following data concerning its most recent month of operations: selling price $ 152 units in beginning inventory 0 units produced 9,450 units sold 9,050 units in ending inventory 400 variable costs per unit: direct materials $ 28 direct labor $ 70 variable manufacturing overhead $ 16 variable selling and administrative expense $ 20 fixed costs: fixed manufacturing overhead $ 141,750 fixed selling and administrative expense $ 9,800 what is the net operating income (loss) for the month under variable costing?
The net operating income for month under variable costing is $11,350.
What is net operating income?The profitability of real estate investments that produce income is evaluated using a calculation known as net operating income (NOI). NOI is the total revenue from the asset less all operating costs that are deemed to be absolutely necessary.
On a property's income and cash flow statement, the term "net operating income" (NOI) refers to a before-tax figure that excludes loan principal and interest payments, capital expenses, depreciation, and amortization. The term "EBIT," which stands for "earnings before interest and taxes," is used when this metric is applied to other industries. Real estate experts use the valuation technique of net operating income to ascertain the exact value of their properties that generate an income. The income a property generates must be deducted from it in order to determine net operating income (NOI).
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Which economic model reveals the variety of options for what to do with your scarce time?.
The PPF is an economic model that reveals the various options for what you can do with your scarce time.
Generally, economic models are used to make predictions regarding economic behavior, which can then be cross-checked against actual data. It is because of the unavailability of proper objective metrics to measure economic results. The Production Possibilities Frontier (PPF) is one such economic model that indicates all the different combinations of the output of two goods or products that can be produced using available technology and resources. The PPF captures the concepts of choice, tradeoffs, and scarcity.
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Answer:
Production Possibilities Curve.
Explanation:
Took the test and got it right.
Lieberman and Montgomery examined the advantages and disadvantages of being the first firm to enter a product into the market. They coined this phenomenon
Multiple Choice
competitive head start.
first-mover advantage.
creating market barriers.
technological disadvantage.
Lieberman and Montgomery examined the advantages and disadvantages of being the first firm to enter a product into the market. They coined this phenomenon first-mover advantage.
Which three benefits are offered to a company that launches a product first in its market, according to Lieberman and Montgomery?
Professors Marvin Lieberman and David Montgomery of Stanford University outlined three advantages of being first in their award-winning article: technological leadership, resource control, and buyer-switching costs.
First movers benefit from having more time to create economies of scale, or affordable means of producing or delivering a good. The possibility of items being imitated or improved upon by rivals is one of first movers' drawbacks. Examples of businesses that benefit from first-mover status are Amazon and eBay.
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a product is advertised on the radio, and there is a phone number you must call to place an order if you decide to buy it. you repeat the number to yourself over and over until you feel like you won't forget it because you don't have anything to write it down. what is this called?
Then memory is formed, a physical trace is stored in the brain.
Since Karl Lashley, psychologists and researchers have been looking for the engram, which is the physical memory trace. Although Lashley did not discover the engram, he did suggest that memories are spread out across the entire brain rather than being stored in a single location.
Buying advertisements, also known as spots in the radio industry, to advertise one's goods or services. In exchange for advertising space on the air, commercial radio stations broadcast the advertiser's commercial to their listeners.
Format, cost, approach, and reach are the primary distinctions between radio and television advertising. The format of advertising is the most obvious distinction between radio and television. Television advertising is both audio and visual, whereas radio advertising is solely audio.
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an increase in the labor force or capital stock is illustrated as a
An increase in the labor force or capital stock is illustrated as a shift from A to B. An increase in the expected price of an important natural resource is indicated by a shift from B to A.
An improvement in technology is shown as a Shift from A to B. An increase in the expected future price level causes a shift from B to A.
Generation is the utility of expertise to reach sensible dreams in a specifiable and reproducible manner.[1] The phrase technology may also mean the fabricated from such an enterprise.[2]: 117 [3] the usage of generation is broadly typical in medicinal drugs, science, enterprise, communique, transportation, and each day lifestyles. Technology encompasses physical items like utensils or machines and intangible gear including software. Many technological improvements have brought about societal modifications. The earliest recognized era is the stone tool, used in the prehistoric generation,[4] followed by fire use, which contributed to the increase of the human mind and the improvement of language in the Ice Age.
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on november 1, 2024, new morning bakery signed a $200,000, 6%, six-month note payable with the amount borrowed plus accrued interest due six months later on may 1, 2025. new morning bakery should record which of the following adjusting entries at december 31, 2024?
On November 1, 2024, new morning bakery signed a $200,000, 6%, six-month note payable. On December 31, 2024, new morning bakery should record adjusting entry of credit interest payable of $2,000
Interest payable is defined as a current liability account used to record interest that has been accrued but has not yet been paid at the end of the fiscal year. It is shown in the balance sheet's current liabilities column (credit), and its balance is rectified by an adjusting item.
In the given problem, the company signed a note payable $200,000 on November 1, 2024.
It means, on December 31, 2024, the number of periods = 2 months.
Interest per month = 6%/12 = 0.5% = 0.005
Interest is calculated using:
I = interest rate per period x principal x number of periods
I = 0.005 x 200,000 x 2
I = 2,000
Hence, the company should record interest payable of $2,000
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When a company is able to expand its operations by exporting globally, it can often achieve greater economies of scale which results in ______.
When a business is able to grow by exporting its products around the world, it can frequently attain larger economies of scale, which leads to reduced unit costs.
A company's production unit cost often goes down as it grows. This reduction is the result of economies of scale. By employing the least expensive production techniques, profits will be maximized.
Consumers' prices are lowered as a result of lower cost-per-unit, which increases their real wages overall and makes it easier for them to locate affordable goods.
Businesses from one country offer their goods and services to clients or consumers in another country through the exporting process.
When a company produces more goods at a larger scale while paying less money on average per unit of output, this is a phenomenon known as economies of scale.
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