Answer: 0%
Explanation:
Elasticity measures the change in demand resulting from a change in price. The law of demand holds that when prices increase, quantity demand would decrease and elasticity is meant to show the magnitude of this change.
A unit elastic good means that prices and quantity demanded change by the same amount. This means that for a unit elastic good, if the price change is a 5% increase, the quantity demanded will decrease by 5%.
In terms of revenue, if the price increases by the same amount that quantity demanded decreases, the effects will cancel out so there will be no revenue effect.
The measurement attribute that is based on future cash flows discounted for the time value of money is
Answer:
Present value, is the right answer.
Explanation:
“Present value” is the right answer because the present value is calculated on the basis of future cash flows and the discounted rates. Here the discount rate is the interest rate that is earned on the present amount. Moreover, the present value in the case of one-time cash flow in the future is calculated by the given formula. Present value = Future value / (1 + r)^n.
Here, r stands for interest rate and n stands for the number of compounding periods.
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Explain how credit card companies make money on their cards. What is a credit card issuer?
Explanation:
1st question) they make money thru interest, processing fees (which is like a little tax on businesses for accepting credit) and fees charges to cardholders (some charge at ATMS for withdrawal etc).
a credit card issuer is a bank or credit union that supplies the credit card to the consumer. ex: capital one, citi, bank of america.
what is the supply of labor?
Answer:
The total supply of labour in an economy is its working population or labour force.
Explanation:
Correctly match the accounting treatment with the specific scenario described.
1. Loss is probable and not reasonably estimable.
(a) Disclosure note only.
(b) Liability is accrued and related information disclosed.
(b) No disclosure note needed.
2. Loss is remote
(a) Disclosure note only.
(b) Liability is accrued and related information disclosed.
(b) No disclosure note needed.
3. Loss is probable and reasonably estimable.
(a) Disclosure note only.
(b) Liability is accrued and related information disclosed.
(b) No disclosure note needed.
4. Loss is reasonably possible and not reasonably estimable.
(a) Disclosure note only.
(b) Liability is accrued and related information disclosed.
(b) No disclosure note needed.
Answer:
1. a
2. a
3. b
4. a
Explanation:
A liability is a present obligation of the entity arising as a result of past event, the settlement of which will result in the outflow of economic benefits. It is presented in the Statement of Financial Position
A provision is a liability of uncertain timing and amount. It is also presented in the statement of Financial Position and disclosed.
A contingent liability is an obligation that arises from past event and whose existence will be confirmed by the occurrence or non-occurrence of one or uncertain future events, not wholly within the control of the entity. Contingent liabilities are not recorded in Financial Statements but disclosed in the notes to financial statements.
For measuring a journal for out-of-round, measurements should be taken every ________ degrees around the journal
Answer:
120 degrees
Explanation:
A Cylinder out of Round is the difference of diameter when measured parallel to crankshaft and then perpendicular to the same at top of the cylinder.
To measure a journal for out of round, its measurement must be taken at 120 degrees, using a bore gauge.
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Hayden, a buyer for a medium-sized company, is assessing the value of competing software products for use in his firm. Which of the following would not be a customer benefit considered in his determination of this product's value?A. Speech of delivery.B. Ease of installation.C. Availability of training assistance.D. Monetary price.
Answer: A. Speech of delivery
Explanation:
When buying things like software, there are certain things that will determine the value apart from the monetary price. These include the ease of installation and the availability of training assistance.
With ease of installation, the fundamental question is if the software is easy or complicated to install. The easier it is the better. Also is there someone who can help the users be able to master the features of the software. This is availability of training assistance.
Now while speech of delivery can help in convincing Hayden to buy from a particular shop, it does not contribute to the value of the software.
The last time Lia went shopping at Nordstrom's department store she had a very pleasant experience. When she entered Nordstrom's, she asked a sales associate named Sarah for assistance finding a pair of jeans, a pair of shorts, a skirt, and matching tops. Sarah enthusiastically agreed to help and treated Lia like royalty throughout her two-hour shopping trip. Sarah stayed with Lia the entire time she was in Nordstrom's and showed her a number of different styles of jeans, shorts, skirts, and tops. Sarah brought Lia additional items while she was in the fitting room and offered her advice on accessorizing her outfits. After the sale, Sarah thanked Lia for her purchases. Lia's experience at Nordstrom's is an example of which type of service encounter incident
Answer: spontaneity
Explanation:
From the question, we are informed that when Lia entered Nordstrom store, she asked a sales associate named Sarah for assistance finding a pair of jeans, a pair of shorts, a skirt, and matching tops.
We are further told that Sarah enthusiastically agreed to help and treated Lia like royalty throughout her two-hour shopping trip and that Sarah stayed with Lia the entire time she was in Nordstrom's and showed her a number of different styles of jeans, shorts, skirts, and tops. After the sale, Sarah thanked Lia for her purchases.
Lia's experience at Nordstrom's is an example of spontaneity. It should be noted that spontaneity has to do with unsolicited, unprompted and unplanned attitude qnd action by an employee. This was what Sarah showed.
If you were opening a new business, would you select a location closer to or farther away from a business that sold a similar or even identical product? Why?
Answer:
Depends on how big your business is and what you can offer.
Explanation:
If you have a business that is bigger and has more to offer than the other company i would select a closer location. If you have a smaller business and have less or an equal amount to offer mover farther away. Try comparing the two business to each other. Think of your pro's and con's.
Which of these learning styles best describes someone who prefers to learn through hands-on activity or activities that allow them to use movement?
verbal/linguistic
interpersonal
bodily/kinesthetic
rhythmic/musical
Answer:bodily/kinesthetic have a great day
Answer:
bodily/kinesthetic
A writer, an illustrator, a publisher and an agent would form a
a. Functional team
b. Cross-functional team
C. Management team
d. Corporate team
Answer:
B. Cross-functional team
Explanation:
A writer, an illustrator, a publisher, and an agent would form a Cross-functional team. The correct option is B.
What are cross-functional skills?A Cross-Functional Candidate, according to Glassdoor, is a candidate with jack-of-all-trades abilities. In other words, a candidate with cross-functional skills is someone who is proficient in one or more related technologies or skills while also being knowledgeable in other technologies or skills.
Working cross-functionally, also referred to as working with teams other than your own, will inevitably occur at some point in your career. And doing it well can inspire innovative ideas, enhance your ability to interact with others, and improve your workplace's culture, productivity, and happiness.
Thus, the ideal selection is option B.
Learn more about Cross-functional teams here:
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