Intermediaries play an important role in matching supply and demand by providing consumers with a broad assortment of products in small quantities.
When goods are produced or manufactured by producers, there will be need to make those goods available to final consumers.
The intermediaries- Wholesalers and retailers buys these goods from the producers and make them available to final consumers in small quantities.
By making the goods available to consumers, the intermediaries are playing important role in matching supply and demand by providing consumers with a broad assortment of products in small quantities.
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bounded rationality is an idea in behavioral economics in which individuals are limited in their ability to make decisions. this leads to outcomes that differ from the outcomes predicted by traditional economic theory. which of the following would best describe an individual limited by ""bounded rationality""?
Bounded rationality simply means an idea that has to do with the fact that people are limited in their ability to make decisions.
You didn't provide the options. Therefore, an overview of the topic will be given. Bounded rationality means the way individuals make decisions that is different from perfect economic rationality.
An example of bounded rationality is when ordering at a restaurant and the customer makes suboptimal decisions because the customer was rushed by the waiter.
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If the Fed raises the interest rate, this will ________ inflation and ________ real GDP in the short run.
Answer:
reduce; lower
Explanation:
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The socially optimal quantity of pollution is:_________.
a. the amount of pollution society would choose if the marginal social cost of pollution were zero.
b. the amount of pollution society would choose if all costs and benefits were fully accounted for. zero.
c. the amount of pollution society would choose if the marginal social benefit of pollution were zero.
Based on standard practices, the socially optimal quantity of pollution is "the quantity whose marginal social cost equals the marginal social benefit."
What is the socially optimal quantity?The socially optimal quantity is the term used to describe output quantity that reveals equilibrium between the costs and benefits of social conditions.
Therefore when the quantity of pollution whose marginal social cost equals the marginal social benefit occurs, this is a socially optimal quantity of pollution.
Hence, in this case, it is concluded that the correct answer is the quantity whose marginal social cost equals the marginal social benefit.
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which industry accounts for about 80 percent of world trade?
Explanation:
Shipping is the backbone of global trade, around 80% of world trade in goods is carried by the international shipping industry.
A country that imposes high tariffs encourages foreign-based companies to import goods A country that imposes high tariffs encourages foreign-based companies to import goods True False
It is false that a country that imposes high tariffs encourages foreign-based companies to import goods.
Tariff basically refers to a tax imposed on imports or exports of goods in the country by the Federal government.
Sometime, the tariffs are imposed to control the rate of importation into the country to prevent dumping.However, high tariff will lead to high cost of sales because the seller has to consider tax incurred.Therefore, it is false that a country that imposes high tariffs encourages foreign-based companies to import goods
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On November 2, Kasdan Company has cash sales of $6,000 from merchandise having a cost of $3,600. The entries to record the day's cash sales will include:
Answer:
$3,600 credit to Inventory. (C)
Explanation:
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Damages that involve only a very small monetary award are called liquidated damages. a. True b. False
Answer:
b. false.
Explanation:
because it is presented in certain legal contracts as an estimate of otherwise intangible or hard-to-define losses to one of the parties. It is a provision that allows for the payment of a specified sum should one of the parties be in breach of contract.
you are a member of a newly formed team that has been tasked with designing a new product. none of the team’s members have worked together previously and thus confidence is low. which of the following tactics would be most effective in promoting the team’s confidence in its capability to function successfully?
The tactics which would be most effective in promoting the team’s confidence in its capability to function successfully is to:
Jump right into a challenging task in order to figure out your team's capability.According to the given question, we are asked to state the tactics which would be most effective in promoting the team’s confidence in its capability to function successfully.
As a result of this, we can see that when a team has a set task like designing a new product and the members of the team are yet to have worked together before, then the tactics which would be most effective in promoting the team’s confidence in its capability to function successfully is to jump into a challenge immediately in order to find out the capability of the team.
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on January 1, Year 1, Pell Corp. purchased a machine having an estimated useful life of 10 years and no salvage. The machine was depreciated by the double declining balance method for both financial statement and income tax reporting. on January 1, Year 6, Pell changed to the straight-line method for financial statement reporting but not for income tax reporting. Accumulated depreciation at December 31, Year 5, was $560,000. If the straight-line method had been used, the accumulated depreciation at December 31, Year 5, would have been $420,000. Pell's enacted income tax rate for Year 6 and thereafter is 30%. The amount shown in the Year 6 income statement for the cumulative effect of changing to the straight-line method should be: ___________
a. $98,000 debit.
b. $98,000 credit.
c. $140,000 credit.
d. $0.
1. Read the following data regarding payroll deductions, and answer the questions that follow:
Lydia: $9.50/hour, worked 20 hours this pay period
Thomas: $12.50/hour, worked 40 hours this pay period
Bruce: $8.50/hour, worked 30 hours this pay period
a. Using a spreadsheet program, create a payroll spreadsheet with the information above. Be sure to include proper headings.
b. Add a “Tax (%)” column. Apply a nested IF statement to the spreadsheet to determine the percentage of taxes that needs to be deducted. For someone who makes $9.00 or less an hour, the is 5%. For someone who makes between $9.01 and $12.00 an hour, the rate is 6%. For someone who makes more than $12.01 an hour, the is 7%.
c. Describe hour you generated this column.
The hours generated are:
Lydia - 20Thomas - 40Bruce - 30The Net Amount Payable are:
This is a function/formula within Microsoft Excel Spreadsheet that allows one to carry out conditional calculations such as the one explained in the question. Please see the attached spreadsheet.
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Large banks who take excess risk because they believe they will be bailed out by the government if they go bankrupt are often known as
Answer:
Too Big to Fail
Explanation:
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If you were running a company, describe at least two things you would do to improve its productivity. (1-4 sentences.)
Answer:
Two ways I would improve productivity would be to increase labor and create incentives. By increasing labor, you'd have more opportunities to keep people at a specified area that they are competent in. If you were to create positive incentives for the workforce, people are more likely to work harder and increase the company's productivity.
Explanation:
what is the first step in creating the federal budget?
Answer:
The President Submits a Budget Request The president sends a budget request to Congress each February for the coming fiscal year, which begins on Oct. 1. 5
Borrower Noah is getting a $200,000, fixed-rate, 30-year loan at 5% interest to purchase a condominium. The monthly payment of principal and interest is $1,073. Property taxes for this property are $3,900 per year. An annual homeowner's insurance policy is $864. The monthly condo association fee is $180. What is Noah's monthly PITI payment
Noah's monthly PITI payment is $1,470.
What is the PITI payment?The PITI payment represents the periodic payment (monthly) that a borrower is required to make for principal repayment, interest payment, taxes, and insurance payments.
The PITI should not exceed 28% of a borrower's gross monthly income when the front-end and back-end ratios are computed for determining the borrower's eligbility for a loan.
Fixed-rate loan = $200,000
Loan period = 30 years
Interest rate = 5%
Monthly payment of principal and interest = $1,073
Property taxes per year = $3,900
Monthly property taxes = $325 ($3,900 ÷ 12)
Annual homeowner's insurance premium = $864
Monthly homeowner's insurance premium = $72 ($864 ÷ 12)
Monthly PITI (principal, interest, taxes, and insurance) = $1,470 ($1,073 + $325 + $72)
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during the holidays you pick up some toys at target. when the cashier asks you, "do you need any batteries for these?" she is using a technique called:
The technique used by the cashier is suggestive selling.
Suggestive selling is a selling method used when an employee suggests or recommends an additional good that would suit an item purchased by a customer. suggestive selling is also known as add-on selling.
The aim of suggestive selling is to increases the sales of a company.
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how long will the increase in food stamps last in alabama 2021
Based on the latest information released by the Alabama government, the increase in food stamps would last in 2021, "when the target of 500,000 children has been met."
Food Stamps in Alabama 2021As a result of the coronavirus pandemic, the state government of Alabama, like many other states government in the United States, is giving out food stamps to people.
However, the rolling out of these current food stamps will last until after the target has been met, which is "500,000 children."
The food stamps benefit totaled $180 million.
Hence, in this case, it is concluded that the correct answer is "when the target of 500,000 children has been met."
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David Gain is the chief executive officer (CEo) of Forest Media Corp., which is interested in acquiring RS Communications, Inc. To initiate negotiations, Gain meets with RS's CEo, Gill Raz, on Friday, July 12. Two days later, Gain phones his brother, Mark, who buys 3,800 shares of RS stock on the following Monday. Mark discusses the deal with their father, Jordan, who buys 20,000 RS shares on Thursday. on July 25, the day before the RS bid is due, Gain phones his parents' home, and Mark buys another 3,200 RS shares. over the next few days, Gain periodically phones Mark and Jordan, both of whom continued to buy RS shares. on August 5, RS refuses Forest's bid and announces that it is merging with another company. The price of RS stock rises thirty percent, increasing the value of Mark's and Jordan's shares by nearly $660,000 and $400,000, respectively.
Required:
a. Is Gain guilty of insider trading?
b. Could a court hold Gain liable? Why or why not?
Based on the scenario described and the actions of those related to Gain:
a. Gain is indeed guilty of insider trading b. A court could indeed hold Gain liableInsider trading:
Occurs when one buys shares because they know something that the rest of the public does not Allows such traders to gain great profits or avoid huge lossesWhen a company is to be acquired, its shares generally rise in price. Gain must have told his brother that he was trying to acquire RS Communications which was why both his brother and father purchased those shares.
In conclusion, Gain engaged in insider trading because his brother and father bought RS shares knowing they would rise as a result of the confidential information Gain shared with them and a court would hold him liable for this.
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Why do you think Zappos offers a $2,000 incentive to quit?
Answer:
Explanation:
Is there more to the question?
If unemployed workers decide to stop looking for a job and instead enroll in further education, how will the number of employed workers and the unemployment rate change
The number of employed workers will not change and the unemployment rate will decrease.
The number of employed workers will not change reason being that non was employed because the unemployed workers has enroll in further education. Hence the number of employed workers will remain the same.
On the other hand the unemployment rate will decrease or decline based on the fact that the unemployed workers are no longer looking or searching for job but has rather enroll in further education.
Inconclusion the number of employed workers will not change and the unemployment rate will decrease.
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Discuss the value of technology in business.
Answer:
The vaule of technology in business is very important like the most important of the business because it help keeps tracks of things, save database, and it help the business grow.
what activities does marketing involve besides selling?
Answer:The activities involved in marketing are
Product and Service Selection. A manufacturer or service provider ideally listens to its customers and prospects before making product and service decisions.
Product or Service Pricing
Product Placement Activities
Incentives and Promotional Activities.
Explanation:
Tennessee Co. conducts business in the United States and Canada. The net cash flows from Canadian operations are expected to be C$500,000 next year. The Canadian dollar is valued at about $.90. The net cash flows from U.S. operations are expected to be $200,000. To reduce the sensitivity of its net cash flows without reducing its volume of business in Canada, Tennessee Co. could:
Answer: purchase Canadian supplies
Explanation:
Research
independent organizations that fund product safety. Name the organization, how much money they make
One way a local community might regulate a shared and limited resource and reduce the tragedy of the commons is to:
Division of the resources into parcels as well as assigning them to individuals serves as a way that local community usually follow in regulations of shared as well limited resource.
limited resource serves as term used to describe that the quantities of available labor as well as capital, land are finite.In order to regulate these resources, the local community can divide the resources into parcel so it will be able to easy for allocation.Another way is to assign this resources to individual one after the other.
Therefore, Division of the resources into parcels one way to share the resources.
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In analyzing the chart, what is the relationship between fees and dollar advanced? What do you think that payday lenders base their fees on?
Fees are directly related with the dollars advanced. Meaning as the dollars advanced increases, fees also increases and same goes as the dollars advanced decreases, fees also decreases. And therefore, using this same concept, we can say that payday lenders based their fees on the amount of dollar advanced.
According to the given chart, The relationship between the fees and dollar advanced is that Fees are proportional to the amount of money borrowed.
What is fees?Fees is defined as the amount of money that a person charges with the another person for the use of their services or any item, and the amount is based upon the agreement made between the parties.
As shown in the given graph, the amount of money advanced grows, so do the fees, and as the amount of money advanced grows, so do the fees.
Using the same logic, it can be said that payday lenders charge fees based on the quantity of money borrowed.
Therefore, The relationship between fees and dollars advanced, as seen in the graph, is that fees are proportional to the amount of money borrowed.
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True or False: The purpose of a Sprint is to produce a valuable and useful Increment of working product.
Based on the business management system, it is True that the purpose of a Sprint is to produce a valuable and useful Increment of working products.
What are Sprints?Generally, Sprints is a brief, time-boxed period utilized by the scrum team to complete a set amount of work rapidly.
Sprint as a time-box of a month or less is used by working teams to enhance their working activities.
Hence, in this case, it is concluded that the correct answer is "True."
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Which of the following will likely lead to cost-push inflation? Select the two correct answers. (1 point)
An increase in the price of oil has reduced supply of all goods and services that use oil as an input.
An ongoing war causes government spending to nearly double in quantity.
O A tornado destroys factories and lowers supply levels throughout the economy.
Exports increase dramatically after a relative drop in price.
O Consumers become more comfortable with debt, increasing their spending as they take on more loans.
Considering the available options, the statements that will likely lead to cost-push inflation include "An increase in the price of oil has reduced supply of all goods and services that use oil as an input."
The other options that will likely lead to cost-push inflation are "Consumers become more comfortable with debt, increasing their spending as they take on more loans."
What is Cost-Push inflation?Cost-Push inflation is a type of inflation caused by the rise in the cost of wages and raw materials.
This implies that the rise in wages allows the consumers to spend more money on limited supply.
Also, when the rise in the cost of materials reduced the supply of all goods and services.
Hence, in this case, it is concluded that the correct answer is options A and E.
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Correct Answers:
- An increase in the price of oil has reduced supply of all goods and services that use oil as an input.
- A tornado destroys factories and lowers supply levels throughout the economy.
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Given the following information of a trader calculate the total current assets?
Motor van $3000
Prepaid rates $ 500
Debtors. $3000
Stock. $. 700
Accrued wages. $. 75
Equipment. $500
A. $ 4200
B.$ 5000
C.$2400
D.$3700
Answer:
A.
Explanation:
CORRECT IF IM WRONG
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A whole supermarket shelf of snack food bags is marked, "Frito-Lay." This is an example of a(n)
brand.
a. co brand
b. individual
c private
d. wholesale
e. family
Imagine that you are the mayor of your town. In an upcoming election, you would like the citizens to vote yes for a gambling establishment to locate in your town. Prepare a short speech encouraging the people of the town to vote yes on your proposal. (8-10 sentences)
Answer:
Although Gambling is a bit of a controversial topic, there are many upsides to the activity. The biggest problem many see with gambling is the chance of becoming addicted. Addiction is a state of mind. If you feel that you would easy become addicted, don't partake. Gambling doesn't have to be an addictive activity. Just like any activity, it is designed for fun and gain. Of course, there will be instances where you will lose, however; it is apart of the sport. As long as you are careful, you will be okay. To encourage more activities in this town, please, vote yes.
Explanation: