Answer:
3.3 percent. (growth rate of the population + real GDP growth per capita = real GDP growth rate).
Explanation:
Suppose the local government decides to reduce traffic congestion on a bridge by imposing a toll. The toll will be most effective if the price elasticity of demand for the bridge is:
The toll to reduce traffic congestion will be most effective if the price elasticity of demand is elastic.
Why should the toll be elastic?An elastic poll means that there is a more than proportionate change in the number of people driving, if a toll is imposed.
This means that imposing a toll on an elastic bridge would lead to less people using the bridge to avoid paying the toll.
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4) Match the economic system to its definition. (2 points)
Market economy / mixed economy / traditional economy / command economy
Choices:
- an economy where a central government determines both the allocation of resources and the production of goods and services.
- an economy that takes element from both a market economy and a command economy to allocate resources and determine the production of goods and services
- an economy where culture determines both the allocation of resources and the production of goods and services
- an economy where price signals, resulting from supply and demand forces within the economy, determine the allocation of resources and the production of goods and services
Matching the various economic systems (Market economy, mixed economy, traditional economy, and command economy) to their correct definitions follows:
What are the types of economic systems?The economic systems with their correction definitions include:
1. Market economy - D. an economy where price signals, resulting from supply and demand forces within the economy, determine the allocation of resources and the production of goods and services.
2. Mixed economy - B. an economy that takes elements from both a market economy and a command economy to allocate resources and determine the production of goods and services.
3. Traditional economy - C. an economy where culture determines both the allocation of resources and the production of goods and services.
4. Command economy - A. an economy where a central government determines both the allocation of resources and the production of goods and services.
Thus, the economic system has been matched to its correct definition.
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What does repurchase mean on shein.
Repurchase means to buy again
What is repurchase?Repurchase is to buy back something of material that was sold.
The repurchase is done by the seller from the individual who has the goods or material.
The goods can be bought back at a price higher than what it was previously sold.
Therefore, Repurchase means to buy again.
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Reasons why allocation of resources is influenced by demand and supply:
kaylee is so afraid of snakes that she avoids most outdoor activities and even refuses to spend time in her own backyard alone. kaylee appears to suffer from:
Based on the described scenario, it is most likely that Kaylee is suffering from specific phobia.
What is a Phobia?This refers to the fear of something that is sometimes irrational and causes weird behavior and is diagnosed to be a psychological problem.
Hence, we can see that based on the fact that Kaylee is scared of snakes and as a result, avoids outdoor activities, and does not even spend time alone in the backyard, she likely suffers from a specific phobia.
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Shonda wants to open a deli. She is worried that it won't be successful unless
it has a familiar brand name, so she pays for the rights to use the name and
logo of an existing deli company. What type of business is Shonda forming?
O A. A franchise
O B. A cooperative
O C. A partnership
O D. A corporation
If he pays for the rights to use the name and logo of an existing deli company. The type of business is Shonda forming is: A. A franchise.
What is franchise?Franchise can be defined as the way a person or a company is given the license or right to use a another company trade name or logo.
Based on the given scenario Shonda forming a franchise type of business because he was given the rights to use the name and logo of an existing deli company.
Therefore the type of business is Shonda forming is: A. A franchise.
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Which of the following statements are true? Multiple select question. An increase in consumers' income would decrease the demand for a normal good. A decrease in consumers' income would decrease the demand for an inferior good. An increase in the price of a normal good would decrease the quantity demanded of the good. A decrease in consumers' income would decrease the demand for a normal good.
Answer:
A decrease in consumers income would decrease the demand for a normal good.
An increase in the price of a normal good would decrease the quantity demanded of the good.
An increase in consumers' income would decrease the demand for a normal good, and An increase in the price of a normal good would decrease the quantity demanded of the good, are correct statement. Hence, option A and C are correct.
What is consumers' income?After-tax consumer income is the amount that can be deducted. It can also be defined as an increase in wealth, most notably as a result of work or investment.
An individual's personal income is the amount of money received. After-tax income is the net income after all applicable taxes have been deducted.
Consumer income levels are important for businesses because they influence how much money people have left over after paying their taxes and living expenses. Income is affected by employment and unemployment rates.
Thus, option A and C are correct.
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Olivia is a partner in Pacific Trade. In the majority of states, with respect to any partnership obligations that Olivia does not participate in, know about, or ratify, she would be liable for Group of answer choices only the contractual obligations. all of the obligations, jointly but not severally. nothing. all of the obligations, jointly and severally.
In partnership obligations that Olivia does not participate in or ratify, she would be liable for all obligations, jointly and severally.
What do you know about partnership agreement?An agreement among or extra commercial enterprise companions. The companions use the settlement to define their rights responsibilities, earnings, and loss distribution is referred to as a Partnership Agreement.
Hence, In Partnership obligations that Olivia does not participate in, or ratify, she would be liable for all of the obligations, jointly and severally.
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A cost that includes both fixed and variable cost components is called a:______a. mixed cost.b. step-variable cost.c. composite cost.d. curvilinear cost.e. differential cost.
Answer:
The answer is A. Mixed cost
Explanation:
A mixed cost is an expense that has attributes of both fixed and variable costs. In other words, it’s a cost that changes with the volume of production like a variable cost and can’t be completely eliminated like a fixed cost.Among the securities issued by a firm, the after-tax cost of hybrids (bonds with warrants or convertible bonds ) is
Answer:
yes
Explanation:
yes
In a market economy, competition is a crucial requirement. what is one benefit to fostering competition in an economic system?
it gives consumers more choices in the quality and price for things they want to buy.
it causes higher prices, so businesses make a higher amount of profits.
it limits the freedom companies have to create new products.
it never requires any outside assistance from the government.
In a market economy, competition is an important responsibility. The benefit to fostering competition in an economic system is that it affords consumers more choices in the quality and price of belongings they want to purchase.
What is a market economy?A market economy is defined as those economic systems where the price communications constituted by supply and demand force judgments about production, investment, savings and distribution to consumers.
In this system, all providers and consumers are open-ended by price regulations or contract freedom. Competition is an essential element of a that economy.
The advantage of increasing competition in an economic system is that it provides consumers with more options in terms of the quality and pricing of the goods they want to purchase.
Therefore, option A is correct.
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Answer:It gives consumers more choices in the quality and price for things they want to buy.
Explanation:
Which strategy makes use of your prior knowledge to help you read and understand quickly? A. guessing from context B. previewing C. skimming D. taking notes
Answer: Its B
Explanation:
Answer: guessing from context
Explanation:
figuring out somethingyou dont know by how it makes sense based onthings you DO know.
Since doctors only accept specific health insurance plans, what should you do prior to selecting your own health insurance plan? a. find an out-of-network doctor for a plan you're interested in b. check the list of doctors "in the network" . increase your premium amount to upgrade your coverage to include any and all doctors d. decrease your co-pay amount
One need to check the list of doctors in the network when trying to select own health insurance plan.
What is a health insurance plan?These are health policy that covers medical expenses of the insured.
When selecting your own health insurance plan, you need to check the list of doctors in the network.
Therefore, the Option B is correct.
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Paying yourself first, sticking to a budget, placing yourself, living within your means, and knowing where your cash goes are all ___
Paying yourself first, sticking to a budget, placing yourself, living within your means, and knowing where your cash goes are all Reverse budgeting.
What is Reverse budgeting?Reverse budgeting is a type of budget system where the business owner sees himself as a staff and pays himself first.
The money left is can then be divides to manage other business operations and saving.
Therefore, Paying yourself first, sticking to a budget, placing yourself, living within your means, and knowing where your cash goes are all Reverse budgeting.
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What is the for an individual or organization with a potential interest in buying something a company has to sell?
An individual or organization with a potential interest in buying something a company has to sell is called as Target Market.
What is target market?A target market is a group of people with some shared characteristics that a company has identified as potential customers for its products. Identifying the target market informs the decision-making process as a company designs, packages, and markets its product.
A target market may be broadly categorized by age range, location, income, and lifestyle. Many other demographics may be considered. Their stage of life, their hobbies, interests, and careers, all may be considered.
Thus, An individual or organization with a potential interest in buying something a company has to sell is called as Target Market.
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The monthly expenses acquired when running a business are called _____. selling expenses business expenses operating expenses purchasing expenses
Answer:
operating expenses
Explanation:
trust
Which of these company figureheads is not a real person? chef boyardee juan valdez colonel sanders duncan hines.
Answer:
The correct answer is Juan Valdez
Juan Valdez of these company figureheads is not a real person. Thus, option B is correct.
What is a company?A company is a legal body created by a group of people to conduct and manage a multinational corporation, whether it be commercial or economic.
Juan Valdez is a fictional character. In the New York metropolitan area premises of a promotional agency, he established in 1959. A significant marketing effort to showcase Colombian beans as a particular device and indicator of distinction was led by Juan Valdez.
A phantom director is a responsibility of the deck membership who represents non-board members by acting and voting on their account. Anybody who holds a leadership role in the company but possesses little actual power. Therefore, option B is the correct option.
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How does accenture help companies harness the power of data to achieve optimal business outcomes?.
The use of Accenture helps companies ensure their information is trustworthy and reliable.
What is the use of Accenture by companies?Accenture in its most prominent use helps businesses implement to make sure their information is trustworthy and reliable. That the corporate provides services like management consulting and outstanding.
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What is a tax return?
A. A form sent to the IRS which reports on your annual income and deductions.
B. The amount of money you make after paying taxes
C. The amount of money returned to you after you pay your taxes
D. The amount of money your employer pays in taxes
List and describe the 3 primary ways in which banks make
money available to consumers.
Answer:
Currently, the majority of large banks offer deposit accounts, lending, and limited financial advice to both demographics. Products offered at retail and commercial banks include checking and savings accounts, certificates of deposit (CDs), personal and mortgage loans, credit cards, and business banking accounts.
Banks earn money in three ways: They make money from what they call the spread, or the difference between the interest rate they pay for deposits and the interest rate they receive on the loans they make. They earn interest on the securities they hold.
Functions of Commercial Banks: - Primary functions include accepting deposits, granting loans, advances, cash, credit, overdraft and discounting of bills. - Secondary functions include issuing letter of credit, undertaking safe custody of valuables, providing consumer finance, educational loans, etc.
Explanation:
using a small round or needle-shaped bur or diamond rotary instrument prior to placement of a dental sealant can allow for inspection for the presence of caries, and
The dental sealant is helpful to inspect the presence of caries and cavities near the tooth.
What are cavities?A decaying element present in the tooth is known as a cavity. The detection of cavities in the tooth is done with the help of a dental sealant. This is also helpful in detection of caries.
Hence, cavity can be inspected with the help of a dental sealant.
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The quick ratio provides a more reliable measure of liquidity than the current ratio especially when the company's inventory takes Blank______ to sell.
What are some typical expenses for a person just starting out in a rental apartment?.
Answer:
down payment, groceries, and repair bills.
Explanation:
trust
What is FFA’s publication titled?
Boundaries
Vistas
Perspective
Horizons
Answer:
horizons
Explanation:
Learn everything you need to know about FFA—its history, bylaws, constitution and more—with the Official FFA Manual, now available online for free. You can also view the links on your mobile phone for easy access.
If the operations of a firm are similar to its industry, the ______ beta should be used to estimate the firm's cost of equity capital.
If the operations of a firm are similar to its industry, the industry's beta should be used to estimate the firm's cost of equity capital.
What is industry beta?Industry beta can be use to determine a company or an organization assets risk.
Most company tend to make use of industry beta as it help to determine or estimate how cost of equity change in relation to the market index.
Therefore the industry's beta should be used to estimate the firm's cost of equity capital.
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________ is based on the belief that facing the hard facts about what works and what doesn’t will help organizations perform better.
Create a PPC for a country that produces 50 million guns and 200 tons of butter and label the following
a. Production Possibilities frontier
b. Efficiency
C. Underutilization
The production possibility curve shows the different combination for output that can be produced from the resources and technology.
What is a PPC?It should be noted that a PPC is simply a graph that's used to show the different combination for output that can be produced from the resources and technology.
In this case, the points show how much of the goods van be produced. Point E means underutilization.
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erson who studies how society distributes resources and how goods and services are produced is known as an __________. A. administrator B. economist C. analyst D. engineer
A person who studies how society distributes resources and how goods and services are produced is known as an B. economist.
Who is an Economist?This refers to the person that studies and analyzes the way society distributes scarce resources.
Hence, we can see that based on the definition of economics, one can see that this refers to the equitable distribution of scarce resources, and a person who studies how society distributes resources and how goods and services are produced is known as an B. economist.
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the two categories of cost comprising conversion costs are
Answer:
Explanation:
Direct labor and factory overhead
Ray is interested in studying economic growth of his country. He pulled statistics for the GDP of his country, Country G, and found it's present GDP to be $345,521. What will Country G's GDP be in 3 years with an annual growth rate of 9%
The Country G's GDP be in 3 years with an annual growth rate of 9% will be $447,460.
What is GDP?The full form of GDP is Gross Domestic Product which refers to the monetary value of the goods and services produced in the country for the given period of the time.
In above scenario, The GDP of the Country G is $345,521. Thus in order to calculate the Country G's GDP for the 3 years with an annual growth rate of 9% following formula is to be used:-
Future GDP = GDP at starting date×(1+growth rate of GDP)years
=$345,521×(1+0.09)3
=$447,460
Thus GDP at the end of the 3 years will be $447,460.
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