The disadvantages of the corporate form of business includes:
Government regulationDouble taxationWhat is a corporate form of business?The corporate form of business is better known as a corporation. This form of business means the legal entity that is separate and distinct from its owners. It possess many of the same rights & responsibilities as individuals because they can enter contracts, loan and borrow money, sue, be sued, hire employees, own assets, pay taxes etc.
It is also known that a corporation offers the strongest protection to its owners from personal liability. although a demerit is that the cost to form a corporation is higher than other structures.
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three steel plants control 90 percent of the steel production sector of a country. the steel industry in the country would be an example of a(n) multiple choice oligarchy. perfectly competitive market. monopoly. oligopoly.
If three steel plants control 90 percent of the steel production sector of a country. the steel industry in the country would be an example of a(n) oligarchy.
What is oligarchy?Oligarchy can be defined as the way in power or authority is vested on some persons or people in which this people have control over others.
The example best illustrate what is called oligarchy based on the fact that oligarchy makes it possible for the some people to be in charge or to rule over others because of the power that is vested on them.
Therefore we can conclude that the scenario is an example of oligarchy.
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After eating at a local restaurant, in which you had a heated disagreement with the owner, you decide to go online and post a review. Your review states that not only would you never eat their again due to their unprofessionalism, but that your food was bad and the restaurant was so unclean that it should be inspected by the health department, because you saw a rat run across the floor of the kitchen. If your review is posted anonymously, does the restaurant owner have any legal recourse so they may find out who you are and possibly sue you for defamation?.
After eating at a local restaurant, in which you had a heated disagreement with the owner, you decide to go online and post a review. If your review is posted anonymously, Yes, the business may have the right to uncover your identity in order to bring a suit against you. Option B
This is further explained below.
What is defamation?Generally, A false remark that is presented as truth and that hurts or destroys the reputation of the person about whom the statement is made is considered to be defamation.
An example of this would be saying that "Tom Smith stole money from his employer." If this is not the case, and if Tom's reputation or ability to find job suffers as a result of your comment, you have committed defamation.
Following a meal at a nearby establishment during which you engaged the proprietor in a heated debate, you make the decision to go online and write a review of the establishment.
Yes, the company may have the right to discover your name in order to file a lawsuit against you if the review you put on their website was done so in an anonymous manner. Alternative
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CQ
After eating at a local restaurant, in which you had a heated disagreement with the owner, you decide to go online and post a review. Your review states that not only would you never eat there again due to their unprofessionalism but that your food was bad and the restaurant was so unclean that it should be inspected by the health department because you "saw a rat run across the floor of the kitchen."
If your review is posted anonymously, does the restaurant owner have any legal recourse so they may find out who you are and possibly sue you for defamation?
a. No, the first amendment protects all freedom of speech, even online.
b. Yes, the business may have the right to uncover your identity in order to bring a suit against you.
c. No, because you posted anonymously, you are protected.
d. Yes, any business can find out who posts any statements about their business whether defamatory or not.
question 8 you expect that a project will bring in $12,000 usd in revenue per year. you estimate it will cost $5,000 up front. you also estimate costs of $50 per month for the first 12 months, which equals $600 per year. using the formula (g-c) ÷ c
You expect that a project will bring in $12,000 used in revenue per year. you estimate it will cost $5,000 up front. you also estimate-costs of $50 per-month for the first 12 months, which equals $600 per year. using The formula (g-c) ÷ c(12000 - 5,600) ÷ 5600 = 114%.
Which of the following is a crucial project beginning component? choose all points that apply?You will read a scenario in this exercise and list the following six essential project initiation elements:
Goals.
Scope.
products of the project.
Success standards.
Stakeholders.
Resources.
What phrase describes the supplies and other products needed by budget people?expense component Resources, which include the people, things, or other entities required for the job, are the same as budget components. They can be defined at the cost-account level but are often allocated to a work-package.
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when you join the vehicle-sharing company zoooomm, you are allowed to use a motorized scooter whenever you like, though you do not have to own the machine. you have to pay by the hours of usage. zoooomm operates on a model.
You are not required to possess a motorized scooter in order to utilize one when you sign up with the vehicle-sharing company Zoooomm. You must pay based on the number of hours used.
Zoooomm uses a pay-as-you-go business model.
What is the motorized scooter legal framework?
The only method to legally ride an electric scooter (also known as an e-scooter) on public roads or in other public locations in London is to rent one, and even that is only permitted in some boroughs. Privately owned electric scooters and other powered carriers are still prohibited from being used on public roadways.
Is a license required to ride an electric scooter?
To use an e-scooter, you need category Q entitlement on your driver's license. A full or temporary UK license for category AM, category A, or category B includes eligibility for category Q. You may use an e-scooter if you possess one of these licenses.
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the movement of incompatible land uses, such as factories, into a residential neighborhood would often cause a loss in value. what kind of depreciation would be involved?
A scenario where the movement of incompatible land uses such as a factories into a residential neighborhood would often cause a loss in value, the kind of depreciation involved is known as an economic obsolescence.
What is an economic obsolescence?Basically, an economic obsolescence means a loss of value of a real estate property that is caused by some factors that are external to the property. Most time, this form of obsolescence is usually incurable, that is, the owners cannot fix the specific cause of depreciation.
Such obsolescence means an external depreciation in the property value. As such, the economic obsolescence are usually considered irreparable as the owner has a little to no influence over these external factors.
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Assume you are steve hewitt, city administrator, and you want to focus on exhibiting high quality leadership rather than simply focusing on functioning as a manager. Using kotter’s distinctions between managers and leaders, which behaviors are most important for exhibiting leadership rather than merely focusing on management? check all that apply.
When using Kotter's distinctions between managers and leaders, the behaviors that are most important for exhibiting leadership rather than merely focusing on management are:
Develop strategies for producing changes needed to achieve a vision.Influence the creation of teams and coalitions that understand a vision and strategies for attaining the vision.Kotter is clear that there are distinctions between leadership and management but both are complementary systems of actions in the organizations.
Leadership is coping with change, while management is coping with complexity. He suggested the behaviors which are most important for exhibiting leadership rather than merely focusing on management are;
Develop strategies for producing changes needed to achieve a vision.Influence the creation of teams and coalitions that understand a vision and strategies for attaining the visionLearn more about Kotter's distinctions here:
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how would you expect this situation to affect the assessment of western’s financial condition and performance? because the company is family owned, succession planning should not be an issue, and the family can pull together to run the organization when the leader dies. this should ensure that the company’s expected future performance is maintained. although nonquantitative factors may be relevant to a company’s financial evaluation in general terms, the details of this specific situation are not relevant to the firm’s financial condition or performance. the absence of a succession plan for western’s leader and driving force can place the organization in serious jeopardy. a firm’s financial condition and performance are the result of decisions made by the firm’s leadership and staff.
The way that I expect this situation to affect the assessment of Western’s financial condition and performance is option A:
The absence of a succession plan for Western’s leader and driving force can place the organization in serious jeopardy. A firm’s financial condition and performance are the result of decisions made by the firm’s leadership and staff.Who is responsible for succession planning?The succession planning process, which has an impact on owners, workers, and shareholders, is often overseen by the board of directors in addition to the chief executive officer (CEO) in major corporations.
A bigger company might train mid-level workers to eventually take over higher-level roles. This plan makes sure a business always has the correct executives in place in case a change occurs rapidly is the goal of succession planning.
Therefore, If your business doesn't make an organized plan for succession and doesn't change right away when a key employee quits the company or passes away, it may not have a second chance.
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See full question below
Western Amalgamated Corp.
The family who founded and operates Western Amalgamated Corp. is headed by a strong-willed and very astute octogenarian. The company has no succession plan for replacing him in the event of his injury, death, or incapacitation.
How would you expect this situation to affect the assessment of Western’s financial condition and performance?
A) The absence of a succession plan for Western’s leader and driving force can place the organization in serious jeopardy. A firm’s financial condition and performance are the result of decisions made by the firm’s leadership and staff.
B) Although nonquantitative factors may be relevant to a company’s financial evaluation in general terms, the details of this specific situation are not relevant to the firm’s financial condition or performance.
C) Because the company is family owned, succession planning should not be an issue, and the family can pull together to run the organization when the leader dies. This should ensure that the company’s expected future performance is maintained.
broker bob wants to purchase a home that appears in the mls that was listed by another broker. bob has never met the broker or the owner. why is it necessary for bob to disclaim any subagency when purchasing this property?
It necessary for Bob to disclaim any subagency when purchasing this property because The seller may claim that Bob owed fiduciary duties to the seller under any MLS offer of subagency.
What does a broker do?A broker is a person who facilitates transactions between traders, sellers, or buyers. A broker acts as a middleman who ensures that the transaction may run smoothly and that each party holds the necessary information. Brokers exist in many industries, like insurance, real estate, finance, and trade.
Fiduciary duties:A fiduciary duty involves actions which are taken in the better interests of another person or entity. Fiduciary duty determines the relationship between an attorney and a client or a guardian and a ward. Fiduciary duties may include duty of care, loyalty, good faith, confidentiality, prudence, and disclosure.
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which is a first step to deter thieves from accessing your financial information? group of answer choices review financial and billing statements each month carefully. follow up on calls regarding purchases that were not made. do not provide personal information over the phone or through email. be alert to signs that may indicate unusual activity in an account.
The first step to deter thieves from accessing your financial information is: C. do not provide personal information over the phone or through email.
What is information security?Information security can be defined as a preventive practice which is typically used to protect an information system (IS) that use, store or transmit information, from potential theft by thieves, attack, damage, or unauthorized access, especially through the use of a body of technologies, frameworks, encryption, processes and network engineers.
In Cyber security, it is very important that all end users adopt the safest and most secured medium for sharing their financial information and other sensitive personal information with various individuals, service providers, businesses, etc.
As a general rule, financial information and other sensitive personal information should not be provided (shared) over the phone or through email in order to prevent being a victim of cyber attack by hackers or thieves.
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microshine is a brand of toothpaste. in its earlier campaign, microshine was advertised as an effective whitening toothpaste. however, due to declining sales, its parent company has decided to rethink its marketing strategy. in its new campaign, microshine is still portrayed as whitening toothpaste, but it also features a research study where other familiar brands in the market fail to make the grade. in this campaign, microshine has tried to reposition
In this campaign, Microshine has tried to reposition the competition.
In the field of business, we can define the repositioning of competition as an effective strategy in which a business tries to make a positive impact about itself by highlighting the negative points about the competitor's business.
The repositioning competition strategy works on the phenomenon that the customers are made to believe that the product of a particular business is better than the other by highlighting the negativities of the other one.
The company Microshine has also tried repositioning the competition by featuring a research study where other familiar brands in the market fail to make the grade.
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What if the U.S. Government wants to slow down INFLATION. What would be the best policy tool to accomplish this?
The best policy tool to accomplish this will be Contractionary monetary policy
This is further explained below.
What is Contractionary monetary policy?Generally, The use of restrictive monetary policy as a tool for reducing inflation is becoming more common.
By raising interest rates, the objective of a policy referred to as "contractionary" is to lower the amount of money that is circulating within an economy.
5 This serves to slow down economic development by making borrowing more costly, which in turn affects expenditure by both consumers and businesses.
In conclusion, To achieve this goal, contractionary monetary policy will be the most effective instrument of policy.
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Sport managers compete for the __________ of consumers through the sale of items that might or might not be related to the primary focus of the sport business.
Sports managers compete for the discretionary funds of consumer by selling items that may or may not be related to the core focus of the sports business.
What are discretionary funds?Corresponds to a type of expense related to a product or service that is not considered essential, even if there is a utility that justifies it, such as:
Travel expensesRestaurantAcademyMovie theaterAutomobilesSporting items that can be linked to discretionary spending can be, for example, accessories related to a football team, such as a hat, key chain and sportswear.
Therefore, sports managers develop strategies to develop products and services that are characterized as discretionary funds to attract consumers, increase the profitability and competitiveness of a brand in the market.
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windsor, inc., reported $100,000 as cost of goods sold during the current year. inventory increased by $5,000 during the year and accounts payable decreased by $10,000. what was the cash amount the company paid to suppliers during the year?
The cash amount the company paid to suppliers during the year is $115,000.
Cash paid to suppliers can be computed by using the cost of goods sold amount reported in the income statement and in accounts payable reported in the balance sheet and the changes in inventory. To converting costs of goods sold into cash paid for inventory there are two steps, such as:
The formula of Cash Received from Customers = Sales + Decrease (or - Increase) in Accounts Receivable.The formula of Cash Paid to Suppliers = Cost of Goods Sold + Increase (or - Decrease) in Inventory + Decrease (or - Increase) in Accounts PayableCash paid to suppliers = $100,000 +$5,000+$10,000 = $115,000
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A bond has a par value of $1,000, a current yield of 6. 45 percent, and semiannual coupon payments. The bond is quoted at 95. 32. What is the amount of each coupon payment?.
Coupon payment = [.0645 × (.9532 × $1,000)/2] = $30.74. Hence the amount of each coupon payment is $30.74.Most bonds pay interest semi-annually, so bondholders receive two payments per year.
The semi-annual rate is a simple annual interest quote compounded twice a year. Semi-annual coupon rates are commonly used for bonds that pay interest twice a year.
Semiannual bonds compound at twice the rate of annual bonds. If the bond's interest rate is lower than the prevailing rate, an annual bond will be more expensive than its semiannual counterpart, since bond investors are willing to shell out more for the additional six months of reasonably high accrued interest.
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if the potential responses of competing firms are likely to be very detrimental to the costs advantages of cost leaders, firms pursuing a cost-leadership competitive strategy should
In order to maximize their profit margins while sacrificing some market share, companies using a cost-leadership strategic plan should maintain their prices at parity with those of their rivals.
The correct option is D.
What are the competitors' prices?A pricing strategy called "competition-based pricing" entails comparing your prices to those of your rivals. This is contrasted with other pricing methods like value-based pricing as well as cost-plus pricing, in which costs are established by looking at other aspects like consumer demand or manufacturing costs.
What does competitive pricing look like in practice?A method known as competitive pricing involves setting a product's price in line with those of competitors. An example from the actual world is the price of popular products. The retail giant collects price information from competitors to offer the greatest bargain on the market.
What does a higher margin of profit mean?The net profit margin, often known as the net margin, represents the ratio of a company's net income to its total sales. A corporation is more effective at converting sales towards actual profit if its net profit margin is higher.
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I understand that the question you are looking for is:
If the potential responses of competing firms are likely to be very detrimental to the costs advantages of cost leaders, firms pursuing a cost-leadership competitive strategy should
A) drop their prices below competitors' prices to increase overall economic performance through increased volumes of profitable sales.
B) raise their prices above competitors, increasing overall economic performance through higher margins.
C) focus on a specific niche market to avoid direct competition with aggressive competitors.
D) set their prices equal to competitors' prices, sacrificing some market share for increased profit margins.
The earnings after taxes, inflation, and administrative costs are
-the dividends
-the real return
-the total investment
-the shared ownership
In accounting, the amount of earnings after deduction of taxes, inflation, and administrative costs are known as real return.
What is called a real return in accounting?Basically, a real return refers to the amount earned on an investment after accounting for taxes and inflation. It is often lower than the nominal returns which do not subtract taxes and inflation.
The fact is that a real return accounts for the effects of inflation and other external factors while the nominal return is only interested in price change. Therefore, the amount of earnings after deduction of taxes, inflation, and administrative costs are known as real return.Therefore, the Option B is correct.
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Drag the tiles to the correct boxes to complete the pairs. Match the various ways of disposal of business assets to their respective descriptions. like-kind exchange sale abandonment debt repayment Chez Ltd. Has a warehouse, which has remained unused for a long period of time. arrowRight Delphi Ltd. hands over the ownership of its manufacturing unit to its lender. arrowRight Able Ltd. disposes of its assets as its depreciated value is less than its sale price. arrowRight Able Ltd. has a plant,which it does not use. It gives it to Delphi Ltd. Delphi Ltd. on the other hand, hands over the ownership of its office premises to Able Ltd. arrowRight
The types of disposal of business assets when matched to their descriptions are:
Like-Kind exchange:
Able Ltd. has a plant,which it does not use. It gives it to Delphi Ltd. Delphi Ltd. on the other hand, hands over the ownership of its office premises to Able Ltd.Sale:
Able Ltd. disposes of its assets as its depreciated value is less than its sale price.Abandonment:
Chez Ltd. has a warehouse, which has remained unused for a long period of time.Debt repayment:
Delphi Ltd. hands over the ownership of its manufacturing unit to its lender. What are some types of disposal of business assets?One way to dispose of business assets is abandonment. Here, the company simply stops using the asset in question for a long period of time like Chez Ltd. did when they left their warehouse unused.
There is also debt repayment where the business asset is given up as a way of paying off debt to a lender. Like-Kind exchange occurs when a business gives up an asset to another company and gets a similar asset from the other company such as office premises.
There is also a sale which is where a company sells off its assets at the depreciated value which will often be less than the purchase price.
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the new hospital cno works hard to cultivate a shared vison of leaders and followers motivating each other toward their highest potential. this is an example of which type of leadership.
The new hospital CNO works hard to cultivate a shared vison of leaders and followers motivating each other toward their highest potential. This is an example of transformational leadership.
What is transformational leadership?A transformational leader holds that leaders and followers inspire one another to work toward the common objective of transforming followers into leaders. Leading and motivating by example helps to achieve this.
Which motivating behaviours are important for nurse leaders ?encouraging patients and family members to adhere to treatment plans An essential motivating talent that nurse leaders must demonstrate is the ability to inspire patients and family members to support patients in achieving their goals, such as healing or maintaining good health.
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If you were graduating college and wanted to be able to find a job in georgia in the fastest growing industry with the best pay, which industry should you choose?.
If you were graduating college and wanted to be able to find a job in Georgia in the fastest-growing industry with the best pay, you should choose the technology industry.
Industries tend to grow and dissolve with the passage of time. A certain industry that might be growing fastest now may not be able to grow as fastly in the future.
Nowadays, the fastest-growing industry in Georgia as well as in many other parts of the world is the technology industry.
With the rise in artificial intelligence and the interest of people in technology, the technology industry has been upgrading more and more. Hence, if a person wants to work in the fastest growing industry with the best pay then the technology industry is the best one to choose.
Although a part of your question is missing, you might be referring to this question:
If you were graduating college and wanted to be able to find a job in Georgia in the fastest growing industry with the best pay, which industry should you choose?
agriculture
entertainment
service
technology
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"i am thinking about decentralizing, allowing employees lower in the organization to make more decisions. When does decentralizing usually make sense?" check all that apply.
As we think about decentralizing which allows an employees lower in the organization to make more decisions, as such, an decentralizing usually make sense:
c. when environmental conditions are changing rapidly and the company needs empowered employees to make decisions quicklyd. when running a company which serves different customers in different regions differentlyWhat is known as decentralizing?In business, the term decentralization refers to the specific form of organizational structure where the top management delegates decision-making responsibilities and daily operations to middle and lower subordinates. It is also defined as the process by which the activities of an organization (especially planning and decision making), are delegated away from a central, authoritative location or group.
With this delegation, top management can concentrate on taking major decisions with greater time abundance. The business houses most time feels the requirement of decentralization to continue efficiency in their operation.
Missing option a. when different areas of the company do not agree on which course of action to take and require coordination b. when activities can be done more efficiently on a larger scale c.when environmental conditions are changing rapidly and the company needs empowered employees to make decisions quickly d. when running a company which serves different customers in different regions differently"
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apple is an established firm that encourages and emphasizes entrepreneurial behavior throughout its various divisions. according to the textbook, apple practices entrepreneurship.
Apple focuses and promotes entrepreneurial behaviour across all of its businesses. This demonstrates how Apple engages in corporate entrepreneurship.
Corporate entrepreneurship, also known as intrapreneurship, is a technique used to produce new ventures, goods, or services within an already-existing company in order to add value and spur new revenue growth. Corporate entrepreneurs support well-known business events.
Corporate entrepreneurs with effective ideas not only enable new concepts to spread past startups but also aid in capturing profit and growth. Companies can increase their capacity for innovation in a systematic fashion by establishing a corporate entrepreneurship programme, which can have significant advantages.
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Those who opposed the provisions of the sherman antitrust act believed that success in business depended on the survival of strong companies over weak ones. government regulation and oversight. large business owners working together. rate controls and price fixing.
Those who opposed the provisions of the Sherman Antitrust Act believed that success in business depended on the large business owners working together.
The Sherman Anti-Trust Act was the first piece of legislation passed by Congress to restrict trusts. In 1890, Congress passed it. When stockholders from various companies shifted their stock shares to a single group of trustees, they formed a trust. Thus, a single "trust" organization could control an entire industry sector, ruining the free market of competitive market. This was a monopolistic practice that was prohibited by the Sherman Anti-Trust Act. As a result, the Sherman Anti-Trust Act directly contradicted those who believed that business success should be centered on large business owners working with one another.
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you log on to amazon to purchase a new ink cartridge for your printer. you notice that amazon has a "recommended for you" section on the website based on past purchases and searches. this is an example of , an advantage of online shopping.
This is a good illustration of planned obsolescence, which is a benefit of online shopping.
What is planned obsolescence?
The term "planned obsolescence" refers to a strategy in economics and industrial design where a product is planned or designed with an artificially limited useful life or a purposely frail design so that it becomes obsolete after a specific predetermined period of time upon which it decrementally functions or suddenly ceases to function, or may be perceived as being out of style. The goal of this tactic is to increase long-term sales volume by shortening the interval between repeat transactions. To compel customers to buy usable replacements, manufacturers purposefully reduce a product's lifespan.
When a producer has at least an oligopoly, planned obsolescence frequently works best.
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Suppose that u. S. Mining companies purchase german-made ore trucks at a reduced price. By itself, what effect will this purchase have on the gdp deflator and on the consumer price index?.
There won't be any changes to the GDP deflator or the consumer price index.
The average price variations of the products and services that households purchase are measured by the Consumer price index (CPI) all households, which is computed by Statistics Netherlands. Employers' organizations, trade unions, and the government regularly utilize the index as a key indicator of inflation. The cost of living index (CPI) is calculated by the Bureau of Labor Statistics (BLS) as a weighted average of prices for a sample of goods and services that is representative of overall consumer spending in the United States.
Every month in the US, the Consumer Price Index (CPI) tracks changes in consumer prices.
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If a profit-maximizing, competitive firm is producing a quantity at which marginal cost is between average variable cost and average total cost, it will?.
If the marginal cost is more than the average variable cost, a firm will keep producing in the near run; if the marginal cost is lower than the average overall cost, a firm will shut down. The company will thus remain open in the short term and exit in the long run if the price is between these two curves.
The term "marginal cost" describes the rise in manufacturing costs brought on by the creation of more product units. Another name for it is the marginal cost of manufacturing.
The profit-maximizing decision for a fully competitive business will occur at the level of output where marginal revenue equals marginal cost—that is, where MR = MC. This happens in the figure when Q = 80.
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What is the amount of the self-employment tax (SECA) and how does it compare to FICA taxes?
Answer:
The self-employment tax rate is 15.3%. The rate consists of two parts: 12.4% for social security (old-age, survivors, and disability insurance) and 2.9% for Medicare (hospital insurance).
dory enters into a contract with eton for the construction of a fast food franchise, according to a certain schedule. the parties perform some preparatory steps, but eton materially and willfully fails to begin work on the specified date. to rescind the contract, dory must show that the parties can
To rescind the contract, dory must show that the parties can be restored to the states quo.
Status quo can be defined as the existing state of affairs, particularly with regard to social, political, religious or military issues. In the other hand, status quo is generally used to describe social issues or political whereas status is more generally for anything else.
A franchise can be defined as a type of license that grants a franchisee access to a franchisor's proprietary business knowledge, trademarks, and processes thus allowing the franchisee to sell a service or product under the franchisor's business name.
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a plumbing company prides itself on excellent customer service, especially during after-hours service calls. its owners want to connect with people who
Ad Scheduling will help the plumbing company to achieve the goals of excellent customer service, especially during after-hours service calls.
Ad Scheduling- You can display advertising or alter bids according to an ad schedule. You can define when you want your ads to appear utilizing ad scheduling tool, such as during regular hours of operation or on selected occasions of the week. When you do this, you can avoid having to pay for advertisements to appear when you are not able to respond to client enquiries. Moreover, you can arrange bid adjustments through using ad schedule.
This indicates that you are given the option of boosting or lowering your bids for specific dates and times. For instance, during Saturdays and Sundays when many people shop online, you may wish to up your bidding.
By using ad scheduling, the Plumbing company can easily provide efficient customer service even after service hours.
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The complete question is here:
A plumbing company prides itself on excellent customer service, especially during after-hours service calls. Its owners want to connect with people who need emergency plumbing services in the middle of the night.
Which setting could help the owners achieve these goals?
a) Ad scheduling
b) Image extensions
c) Networks
d) Keyword insertion
suppose the demand for nachos increases. what will happen to producer surplus in the market for nachos? it increases. it decreases. it remains unchanged. it may increase, decrease, or remain unchanged.
Imagine that nachos are becoming more popular. Additionally, the nachos market has a growing production excess.
In order to create something for consumption, the process of production entails mixing a variety of immaterial (plans, knowledge) and material inputs (output). The act of producing a good or service that has value and improves people's utility is known as production. the primary categories of production available
Jobs are produced in this way, one at a time, and each one is finished before the next is started.
Batch production, in which several objects are created at once.
In order to expedite the exchange or transaction of products and services, buyers and sellers can come together in a market. A market may be actual, like a real store, or it may be virtual, like an online retailer.
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why do we expect the law of diminishing marginal product to hold? part 2 we believe the law of diminishing marginal product holds because part 3 a. average returns are constant. b. costs rise with inflation. c. . d. held constant. e. productivity becomes negative.
We expect the law of diminishing marginal product to hold because all inputs but one are held constant. The law states that this increase in the input will result in smaller increases in the output if at least one production variable, such as labor or capital, is maintained constant. Option(d) is the correct answer.
Marginal productivity typically declines when beneficial changes are made to the input variables that influence total productivity.
According to the law of diminishing marginal productivity, the productivity gained from each subsequent unit produced after a factor of production is improved will only slightly increase from one unit to the next.
When production managers enhance variable inputs for greater production and profitability, they take the law of diminishing marginal productivity into account.
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The law is where in early production process, if one production variable increases while keeping everything else constant, the overall production of the product may rise.
It is expected the law of diminishing marginal product to hold because all inputs but one are held constant. The law states that this increase in the input will result in smaller increases in the output if at least one production variable, such as labor or capital, is maintained constant. Option(d) is the correct answer.
Marginal productivity typically declines when beneficial changes are made to the input variables that influence total productivity. According to the law of diminishing marginal productivity, the productivity gained from each subsequent unit produced after a factor of production is improved will only slightly increase from one unit to the next.
When production managers enhance variable inputs for greater production and profitability, they take the law of diminishing marginal productivity into account.
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